The survey stated that the American investments in the Netherlands Indies are not so important as are the sources of raw materials. This is partly due to the fact that for years the Dutch favoured British rather than American capital.
However, in 1929 American investments there reached a peak of $201,- 300,000.
The tendency for American interests to expand was very marked in the beginning of the present year, the survey said. The Philippine Manufacturing Ca., a subsidiary of Proctor Gamble, had planned to lease 10,000 equate miles of land for cultivation of palm trees and to construct a plant for the manufacture of palm oil.
Another American company, whos? name was not disclosed was re ready {o set up a margarine factory in Soerabaya.
The construction of a 175$4.000,000 high-octane aviation gasoline plant by the Stanward Oil's subsidiary company there was recently completed.
Text read from the printed page and cleaned; old type leaves the occasional error.