Show TRADE IN MANILA thoro Is not an american firm or individual doing business in manila according to the words of a native merchant of that city before the exporters of this country can hope to establish much of a trade in the philippines they will be compelled to seela the pat conage of the following classes of wholesale and retail dealers or wait until americana displace them in business the retail trade Is in the control of chinese while next to them come the spanish dealers it is estimated that there arc about other europeans in business in the whole group of islands the dealers arc the cheoles creoles Cr eoles and a combination of chinese and in manila there are many latec chinese factories some ut which employ as many as lands A few german swiss aej en alli arms have entered that field there Is also a sugar refinery a steam rice mill a Spanish electrical plant a spanish telephone exchange a spanish tramway worked partly by steam and partly by horsepower horse power rope fa coris worked mainly by hand a few use oxen a spanish brewery which nashes good beer a german cement factory employing 70 hands a nm biella factory and a swiss bat factory which makes felt and straw articles the latter out of chinese adraw abrald A cotton mill with spindles and with a capital english of Is in process of construction st the european firms in manila are divided as follows forty five spanish 19 german and 17 english 2 english and 6 swiss brokers 2 french storekeepers with large establishments 1 dutch firm and 1 belgian firm small retail stores forty in number are kept by chinese firms the german and swiss firms are general importers while the export of hemp and sugar the import of domestic dry goods and the ship chandlery trade are in the hands of the english credit from one to three months and 5 per cent Is given while spot cash sales command a discount of 7 per cent |