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Sometime between 1913 to 1915, the American Red Cross central office in Manila began marking stamps purchased from the Bureau of Posts with the perforated initials "ARC" in order to control the loss and unauthorized use of its stamps.

The perforated initials was applied either on the front or back of the stamp and sometimes in inverted position. This practice continued until 1926.

 Perforation 10, Single Line Watermark PIPS

Unlisted
Perforation 11
Single Line Watermarked PIPS
Perforation 12
Single Line Watermarked PIPS
Perforation 11. Unwatermarked
a
a
Inverted
a
Inverted
a
Inverted
a
Inveretd 
Vert. Reading Up
a
Inverted
a
Inverted
a
Stamps Without Frames Reproduced From Photocopy