TABLE 2.-Processing and import taxes on certain fats and oils 1 There is an additional tax of 2 cents per pound on the first domestic processing of coconut oil other than that originating in the Philippines or other United States possessions. The 2-cent differential is presently suspended by Presidential proclamation No. 2693, dated June 27, 1946, issued pursuant to sec. 505 (b) of the Philippine Trade Act of 1946. 2 Reduced rate in general agreement on tariffs and trade has not yet become effective. Production: Item Average, Average, Average, Average, 1920-24 1925-29 1930-34 1935-39 1940 1941 1942 1943 1944 1945 1946 TABLE 3.-The competitive fats and oils situation in the United States [In millions of pounds] 4, 158 3,974 3,936 3, 781 3,398 3, 422 3, 458 2, 933 4, 106 4,305 4, 642 5, 145 5, 587 4, 281 4, 103 1, 849 2, 069 2, 244 2, 192 2,240 2,268 2, 130 2, 015 1,818 1,701 1, 501 3 Minus sign denotes decrease and plus sign an increase in stocks during each year. Source: Compiled from reports of Bureau of the Census, Office of Domestic Commerce, and Bureau of Agricultural Economics. 1940 1941 1942 1943 1944 1945 1946 TABLE 4.-Imports for consumption of oil seeds and raw materials, United States 1936-46 [In thousands of pounds] 237, 789 394, 450 363, 485 265, 613 316, 403 537, 750 333, 726 513, 017 304, 379 430, 054 226, 295 615, 368 569, 658 142, 067 860, 441 1,569, 778 237, 213 189, 620 860, 360 236, 631 897, 575 662, 225 1, 182, 832 789, 391 1 117, 795 768, 824 594, 962 Poppy seed.. 11,065 601, 402 6,816 212, 552 12, 242 190, 047 14, 398 8,650 9, 181 901 75,609 3,258 7,725 542 Hempseed. 9, 649 5, 914 4,891 1 62, 814 477 514 Palm nuts and kernels. 1,290 895 27, 443 Rapeweed.. 88, 291 31,867 10, 118 29, 731 13,895 1 27,836 2,125 143 6, 180 Soybeans. 169 Cottonseed. 1,003 9, 176 178 7,542 59,362 82, 944 54 3,627 137 (2) Increase from 1938 to 1939 largely comprised of perilla seed. • Oil content of raw materials for the product shown in order are 45, 63, 34, 47, 41, 24, 45, 35, 15, 155, 63, and 38. Source: Bureau of the Census, U. S. Department of Commerce and Bureau of Agricultural Economics, U. S. Department of Agriculture. 1920-29 average 1930-39 average 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 TABLE 5.-Imports for consumption of foreign animal and fish fats, oils and greases, and vegetable oils and fats [In thousands of pounds] 1 Includes such oils as babassu, castor, hempseed, poppy seed, corn, oiticica, and tea seed (corn most important). 253, 340 Source: Animal and Vegetable Fats and Oils, Bureau of the Census, U. S. Department of Commerce, and Bureau of Agricultural Economics, U. S. Department of Agriculture. 872, 944 879, 252 263, 968 285, 492 339, 869 340, 762 |