OOU
UNITED STATES: — PHILIPPINE ISLANDS
Country
United States
Hawaii
Guam .
Japan
United Kingdom .
China.
Netherlands
Hong Kong.
France
Australasia .
French K. Indies
Spain .
Dutch E. Indies
British B. Indies
Sium .
Imports (Pesos)
150,082,829
4,057,758
14,848
23,218,231
0,081,506
14,310,425
209,245
486,550
3,170,845
9,055,765
8.028,757
1,872,254
7,690,649
3,994,714
2,495,633
Exports (Pesos)
113,305,384
526,437
183,286
14,066,855
32,029,743
7,574,430
17,008,786
14,396,440
8,252,953
1 ,613,089
2,427,675
7,855,881
551,379
3,597,87S
141,834
Country
Switzerland
Belgium
Germany .
Canada
Japanese China.
Italy .
British Africa .
Norway
Denmark .
Austria- H ungary
Sweden
Other countries
Total.
Imports (Pesos)
1,266,707
113
733,822
51,426
188,711
111,050
138,363
36,810
36,667
391
11
43,964
237,278,104
Exports (Pesos)
81,213 915,277
130,013 247,020 226,054
7.G94 800
801,131
226,2:15,052
Shipping and Communications.— The greatest bulk of overseas
shipments is made from the i>ort of Manila, although other smaller ports also have direct connections with foreign ports. The most important of these are Iloilo, Gebu, and Zamboanga. More than 400 inter-island vessels are now operated iu the coastwise trade of the Philippines. During 1919, 740 foreign vessels, with au aggregate net tonnage of 1,711,981, entered the Islands, while 719 vessels, with an aggregate net tonnage of 1,705,869 were cleared for foreign ports.
On December 31, 1917, there were in operation, 818 post-offices, 318 money- order offices, 5,471 miles of insular telegraph lines, and 986 miles of cable, with 315 telegraph and cable offices. At the same time there were 388 postal savings banks in operation, with 68,860 accounts. The amount of deposits in the banks on December 31, 1917, was 4,242,179 pesos (Philip- pine currency). Of the depositors 60,795 were Filipinos.
When the United States entered the islands in 189S there was but a single line of narrow gauge track running between Manila and Dagupan, a distance of about 120 miles. Additions have been made to this until the total length of lines in operation at the close of the calendar year, 1920, was 778 miles. The lines are owned by two companies, the Manila Railroad Company, now taken over by the Government, and by the Philippine Railway Company, which the Government is about to take over. Total length of roads (December 31, 1920), 6,200 miles. Besides the foregoing roads there were 1,941 miles of trails passable for horses only.
Banking and Coinage. — There are eight banks doing business in the Islands: the International Banking Corporation, Hong-Kong and Shanghai Banking Corporation, Chartered Bank of India, Australia, and China, the Bank of the Philippine Islands, formerly the Banco Espafiol Filipino, the Philippine National Bank, the Yokohama Specie Bank, the Pangasinan Bank, and the Monte de Piedad. The Philippine National Bank was inaugurated, under a special charter granted by the Philippine Legislature, on May. 2, 1916, with an authorised capital of 10,000,000 dollars, of which 5,050,000 dollars was subscribed by the Government. On July 1, 1916, the Bank was declared the solo Government depository.
The coins used in the Philippine Islands are of tnc following denomina- tions : IVso, one-half peso, peseta (20 centavos), media peseta (10 centavos), flve centavo, one centavo, and one-half centavo. Treasury certificates and