Recollections of Manilla and the Philippines: During 1848, 1849 and 1850MacMicking, Robert
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Recollections of Manilla and the Philippines: During 1848, 1849 and 1850
MacMicking, Robert
Manila (Philippines); Philippines
It is best to ship rice in dry weather; and should it be destined
for Europe, or any other distant market, it should leave by the
fair monsoon, in order that the voyage may be as short as possible,
to ensure which, all orders for rice purchases for the European
markets should reach Manilla in December or January, as the new crop
just begins to arrive about the end of that month. It takes about
a month to clean a cargo at the steam-mill, and after March, the
fair monsoon for homeward-bound ships cannot much be depended upon;
and were the vessel to make a long passage, the cargo would probably
be excessively damaged by weevils, by which it is very frequently
attacked. Ylocos rice is considered to be the best for a long voyage,
as it keeps better than that grown in other provinces.
The price of white rice is rarely below two dollars per pecul, or
above two and a half dollars per pecul, bagged and ready for shipment.
A hundred cavans of ordinary province rice will usually produce 85
per cent. of clean white, and about 10 per cent. of broken rice,
which can be sold at about half the price of the ordinary quality:
the remaining 5 per cent. is wasted in cleaning.
Rice exported by a Spanish ship, goes free; but if exported by any
foreign ship, even when it is sent to a Spanish colony, it pays 3
1/2 per cent. export duty, and when sent to a foreign country by a
foreign ship, it pays an export duty of 4 1/2 per cent. In order to
be more explicit, it may be well to give a _pro forma_ invoice of rice.
5,000 peculs of white rice, bought ready for shipment
at the mill, at $2-1/4 per pecul $11,250 00
Charges :--
Export duty on valuation, which can generally
be managed to be got at a good deal under
the market price; say at $1-1/2 per pecul,
at 4-1/2 per cent. $337 50
Boat and coolie hire, shipping 200 00
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537 50
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$11,787 50
Commission for purchasing and shipping,
&c., at 5 per cent. 589 37
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$12,376 87
This is about equal to its price if purchased and cleaned in another
manner; for instance:--
1,000 cavans province rice, costing, say, 10-1/2
rials per cavan, = $1,312 50
will generally produce 85 per cent. clean white
rice, fit for shipping, and 10 per cent. broken
rice, which can be sold at about 5-1/4 rials
per cavan, = 65 62
Public-domain text, read in full here on John Shaqi.
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