They have cost him about 487 4 Refiner's allowance on 100 Pilones, S. Ds. 47 8 The profits of the refiner would appear high; and they have been so; but are far from what this statement appears to give, from various reasons, of which the chief are, the heavy capital sunk in buildings, interest on advances, &c. and from a want of knowledge, the enormous waste of labour in the process. A glance at this may give an idea of what trade is at these antipodes of commercial knowledge. I have termed the process "refining;" it should rather be called claying and sorting--and it is as clumsily managed as the ingenuity of man could well devise. The trade is principally in the hands of three or four capitalists; advances are made by these to brokers, the provincial merchants, who annually bring their produce to the capital in small vessels, [89] and to the masters of coasting traders, in which the sugar merchants have shares. These are made to a large amount, 80 to 100,000 dollars; and as the interest of this must at least run for six months at 9 per cent. it forms a heavy item. Losses and defaulters form another, say 1/2 per cent. in all 5 per cent. The pilones are delivered from November to May and June, and are received into extensive warehouses, which are provided with large court-yards and terraced roofs. Here the upper part of the pilone is cut off, and a quantity of manufactured sugar being pressed down on the top of it, a thin layer of the river mud is put on it; this is watered from time to time and changed once or twice, the pilone standing on a small foot, with the small hole at its apex left open, through which the molasses slowly drains, leaving the upper and broader part of the pilone of a fine white, gradually decreasing in goodness to the bottom, where it is little more than molasses--the pilone is then cut in two; the darker part is put by as second quality (or reboiled), and the whiter portion as firsts, of the sugar, the care taken in the process, the kind of mud used, &c. About two piculs of sugar from three pilones is a fair average, when these are of a good size. That from the province of Pampanga is by far the best; it is produced from a small red cane [90] about four feet high, and of the thickness of a good walking stick. The sugar being thus clayed, is now to be mixed, pounded, and dried. The last process is performed by laying it on small mats in the sun, on the terraces and pavements of the court-yards. On the slightest appearance of rain, it must be hurried under cover, and brought out again when this is past. So that in a manufacture of any size, when from 3 to 400 Chinese are employed at 4 1/2 dollars per month, fully 1/3d of their labour is expended on this operation alone. The management of the rest requires no comment.