he shipping of the colony.
Baticulin, for cutting up into boards or deals.
Dungo unites strength and solidity to an immense size.
Teak is found in Zamboanga, and its value is too well known to require
any remark upon it.
Ypil is brought to Manilla from Yloylo, and being a very lasting and
hard timber, is of the greatest value, and is applied to a variety
of uses.
These are some of the many species of woods abounding in the country,
whose number and value are yearly increasing as they become better
known to the foreign timber merchants of China and elsewhere. The
China market alone would take off greatly increased supplies, were
they allowed to ship the timber from the ports next to where the
woodman's axe had felled the tree, in place of forcing it to bear
all the heavy charges which its transport to Manilla in the first
instance now subjects it to.
The investigations of Don Rafael Arenao have been of great service
to me in forming a list of these; and for several other particulars
scattered throughout the preceding pages I have to thank him.
CHAPTER XXXIV.
The money current in the Philippines consists of Spanish and South
American dollar pieces principally, although no two of them have
precisely the same weight in silver. Thus the Chilian dollar of 1833
had 456.24 grains of pure metal, while that of the Rio de la Plata
has only 441.24 grains of silver.
Nearly all the Mexican dollars differ in their quantity of pure silver;
for example, that of the coinage of 1832 had only 442.80, while that
of 1833 had 451.20 grains of pure metal. The old Spanish dollar has
445.08 grains of pure silver, and the half dollar 222.48 grains;
while the Bolivian half dollar has only 168.60 grains of pure silver;
and the Bolivian quarter-dollar piece has only 84.84 grains of pure
silver; while the standard Spanish quarter-piece contains 111.24
grains of unalloyed silver.
The golden doubloon, weighing an ounce, is worth sixteen dollars in
Manilla, although it usually sells for considerably less in China.
Both of these coins are subdivided into halves and quarter-pieces,
and the dollar is divided into eight reals, one of which is
equal to two and a half reals of the vellon money current in the
Peninsula; and the Manilla real is represented by a copper currency
of seventeen cuartos. In calculations, however, the real is divided
into twelve parts by an imaginary coin called grains; so that by
$3. 2. 6. would be u
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