BORLIDO MAIA & Co.

s

(gflje »«2 ittotl

VOL. XV RIO DE JANEIBQ, TUESDAY, September 3rd, 1912. No. 36BALDWIN LOCOMOTIVE WORKS

PH1LADELPHIA, PENNA., U. S. A.Cable Address: — "Ba/dmn, Philadelphia." =====

MANUFACTURERS OF

Locomotives FOR BROAD AND NARROW GAUGEFOR PASSENGER AND FREIGHT SERVICE

HihOIJlrfi Hllfi_t^_i_fl_iHf^'^_l

H_Sl **foAmmmmmmmmmm9l^^^^^^^^ÛLmmm\\. ¦^m^!?%mB9^F?t&E&Fj§^mmmmmmmm^mmmm f * * **xvMJaa VWWMB ___BK1ERH B|___i__| ^M^gu^^z» _^_L_Í _a__>[**•*-« iiWtIXM Wie^BfcttMW _X MB

Locomotins pari.culariy °<>°P™% l Wjng «»^« ^«"

<f *>' *«,« cnaTÛes. RMatM-Loconot™ for, Permaneni orrortable Track. Electric Motor and Trailer Trucks for Railway and Suburban ServiceRepresentatives for Brazil:—NORTON, MEGAW & Co., Ltd.-N. 112, Rua Primeiro de Março, N. 112— Eio de Janeiro

asas -',;:¦.

Cable-Address BORLIDO-RIOP. O. B. 131

tBBMBM^fi^SEES—gg lllM i ,; _-¦

BjSjJwííT' :j!lgfo_j__£^=_|__B_B_^SV- ¦ ¦ jMBHKlj _SSg_B_5_5BPJy"n_H__KJTÍ -1' jdHm^ ;Süíít^HBfiB_jWjÍíS''¦ ¦ __¦

GhîH l&^^H j^ __¦ H • _h_Ii í^-^jM HjîH

_^_^_B_i_^^^^^^^^^^^^j_____^_^_^Q_'^_»J_^_^_^_^_^_B_^_j^H_^_fc

BbÜSehn E_í5__ b

hHKe$$ w^RSffcmmmmxímxmmmXmlmz^mA IP

"Kg.- _¦_:¦ HL' xv__C_l Rfl ¦£k* H3Vii 11 !v4l kfll H

BORLIDO MAIA & Co.Head-Offlce RUA DD R08ARI0, 55-58 -mde Janeiro -Brazil

EJSTABIvISHICD 1878General Merchants, Importers «te Contractors

SUPPLY THE PRINCIPAL RAILWAY AHD STEAMSHIP COMPANIES OP BRAZILImporters of Railway Appliances, Tools; Repair Material for Cars, IyocomotivesBoilers, Wagons; Iytibricating- Oils and Greases. '

Burning Oils ; Carbide, Railway Apparatus, Industrial, Agriculturaland Mining Machinery, Implements, Tools and Supplies/ Packing,

Pumps, Scales, Safes, Artisans, Tools; Rubber, lVeáther andCanvas Hose; Galvahized Iron Tubes, Portable Buildings, Wire Fencing,

Babbitt Metal ; Paints, Colôrs, Brushes; Coachbuilders' Supplies;Fylectrical Machinery and Supplies; Structural Iron,

Builders' and Plumbers' Supplies; Sanitary Ware / Wool, Canvas and Duck-Roofing and Iyíning Material, etc. '

AGlDN^rS AISÜ RIO_P«ISS_E]Na>_3LariVJfôS forR. & J. Dick, Ltd. GlaSgOW - Original Balata Belting.Mander Brothers, London - oisina Water Paint.Bliven & Càrrington, NeW York - IûbricatingÔils and Greases.Wm. Simons & Co., Ltd., Renfrew, Scotland-Dredger ConstrucuEnfield Cycle Co., Ltd, Redditch, England-RoyaiEnneidCychBickford Smith &Co,. Ltd., Tuckingmill, — safety Fuses.W. B. Brown & Co. (Bankhall) Ltd., — steei wire Ropes.

The Vaporite Strawson Co:, Ltd.,London—"Vaporite" for ciestructíoh of pestsin the soii.

tors.les.

Z'-. ' - i' ;¦'¦ '-:Z~-

-

Ai':í- ¦mm

—1\

'.¦¦' .¦¦¦.

The Rio de Janeiro Flour Mills & Gbanaries Limited.Telegrams: Telephone Post office Box

IVo. 4.8*1

DAILY PRODUCTION: 13.000 BAGS.Cotton Mill - Rua da Gamboa No. 2. -

250 LOOMS. 8.000 SPINDLES.•¦¦¦¦¦¦¦--¦_¦_____¦_¦

head office — 48, MOORGATE ST. — LONdon id. c.

BUENOS AIRES.- 335, CAI^E B. M1TREJ i

S. PAULOROSÁRIO.— 1.086, CAIREI SANTA FÉ).

4, RUA DA QUITANDA.

AGE.NCIHS

Victoria, Bahia, Pernambuco. Ceará, Curityba, Desterro, Rio Grande, Pelotas & Porto Alegre.Tlle Mili>s marlis o_T flour »__. o—

"NACIONAL" ..BHOLTOA»"BUDA-NACIOJSAL"

"BRAZ,L16IRA" «GUAR ANY»

AND FOR SUPERIORITYHAVE BEEN AWARDED

Gold Medal Paris 1889. First Prize Brazil 1908.First Prize Brazil St. Louis 1904. First Prize Brussels 1910.

First Prize Turin 1911.OFFICES: --RUA DA QUITANDA, 408 -- RIO DE JANEIRO.

^Etrz; :m:ie__=r,s! <__- c_112, Cannon Street London E C,

ENGINEERS, MERCHANTSA1HI>

Contractors for Railway MaterialTELEGRAPHIC ADDRESS "FOUNDATION" - LONDON

Bahia-flathao & Co., Roa das Ptrincezas, 6Caixa do Correio, 157. - Telegrams, "NATHAN" - BAHIA

I >;

Rio de Janeteo-F-y, Yoale & Co.. Raa da Alfândega No. 10Caíxa

d0 Corr«<> 2l.:Telegrams, "FRY"-RIO JANEIRO

iu ui uuumiuiUlulU 11 uiiüu JJlÜÒlllulIllO

SUCGS of NATH AN & CO,¦l-i A-- ::.;<)-,0* 3? Atrto

fíüiv" ;X'<W

UA DE S. BENTO 43 e 45ííviíi

Caixa do Correio (P. 0. Box) K.Telegraphic Address: "LUPTON"

#

*

'Ú ";./>.> O"; S*C„f

••'•'.¦• " íij-ííi

Rua Quinze de Novembro 13..*

;-f

Caixa do Correio (P. 0. Box) 147;¦ • ! Pyy.'T-K-¦¦':•¦ v>, -.

Telegraphic Address: "WYSÂRD >»

Importers. Exporters and General Merchants'.'''''>í ;r..io.>

\f,<3Mllíre>

wiàlitibs:iilEailwav Maior

Inw

ial,

Âpnltnral andialr léinerj

General Hardware,Gas and Water

Pipes and Fittings.

IRON, STEEL,COPPER,BRASS

AND OTHER

METALS;U-i.,1 k:

w

BP^^ íjil H"<_yî^y-*^ ___pW_^_I _Mfcy'* ^^^v^P-JÉ-B^^^B^B^-^^^^^^^^^^^^^^Bî^g-B'^—_jBl^^^^^^B^^BK^ff.^BBÍPiy^

6f.*V * -'^ -^ _BW^7/aí3i lir^> -_Í9 _vC____b_7_?* ^»^_iIift*.'«tf*¦*."•" 1'ii'jy^-^BBSy Jffv^^Tfa^s^.t: ^*m1SJ »_b5?$£_»_b_H BmíbI »»^*_h^M. _^_fffflo Ifir '—•*.-",•>'¦ '•''--wl_$_S_1iJS6_Sii'.í-S».*^ BtíSF%£Am W^j&'r\E&&WPiã!lx'»ufwiV r' ,~ - . " >7<«_B_h_f_l^_>,nC; S_fl| Er_a_i BOHIM IS9R>4_BrF: -_??_}?«&K*'>i£*_35flfr a,_a_^^^_lV_^_h_3HB3_K_hkC**^'' KSfrti _3_H HV-aH MKfflrl_^P__H_^^^T_BBP-P_*í ,* ¦*Vi*^*T,j»JI^^Hk!''*¦• •rW^HK^^'''-.^<^âKSSS»>^ _d_«i SSfli D?i'ifS^25^Pr._ • ¦ r»T^___|fl__r__BHHB. Vil IfÎ BiKylãiuI&i •'" jI IT^VEífilí^ -ja _E_-iS _f_5C*_fl IF*» _ü flj£vl Bj

! j__i S^^lt^_!rfiâRS9P^-îKB i^s^frv^>';{

v3»CMl E31 3&lflBg»Wy.8ea _F*:i;-:fe ¦ wrj_2 BR.;fe*> *¥¦$. f^_M__Hn_H_i _¦ _B_D _¦¦ K_H_fl _u_'ir.l_ikTMi?% />rfl HS ._^ • f ¦*¦ ^__i_^_D_BKT^J___.iHWjflK£SBJiíffly .^wMMalBWaMIMBW^^WaM^MP^MI^ff,Wfti-fi^<Ui ¦Wlfg»!':, Ba _B__W^_R_S_r__gga

¦'• • *" /Mfifffl BbubI D' r.BSãfíîiV^_H_JÉÍS^r ^ Vvf-J '. ff 9 _B |» V Bm ¦"¦?'_'?¦ **v ^N?t *'

i i.i_r^S Bsf iBgL« PJgSIBMRH^Í r S'S H¦w^|_|_B_|__ B__N_ir_('-si»-iliIflH Bim BiTv Mm*nMnmWM'^"HÊAm IwUMP"! ¦*¦ SctJ^Si

|ÍmE_H __¦_¦_] 91-S ' <tt'w8 pHfc ¦«__¦ 'ffi.i&Z "*&^_BcSH _Brl K_hffiH

Mb __tf_l EHfl _Kf ('''?_¦hh "__ I_h_^_I_ü BíSFvfcX. 9C^^l ^^vfi^K^H _H_^_^_I_^_I _^_l_ES^H HÉl^h H(c_'<S'i * S_H(iBfl| _kH HH MSI Kg _B*?iT i

E^_H__ - AÁJ-M BwJMmMBI P^ff??.. «' ^_|

^F3^Bk£4^H _Ha__SI _B_^_RjKtr* > V

H*_":?^k_SII _R_^_Brl I r^ffiB __| __K_Êi___a>' * I ^Triv ~-*:tâ Klüífl __MwlOI*'"' ¦'v:^l 5w l^^wfl K^fc i iJK^x*«t^l HB«I _|i_H_l _Kl" I ^n^vVH ni«IOn ^fl rai t-_

W_B_j_rn Br^^S HBmB to

__Ev_H 9c7_9 ¦_M_B e^9^ ^«H _kh IHi)I

vt'•;.f'':ii'£i'iíf"r&

mu®

Oemeiit, Beltíng,Paints Caleinm

lido.(S&3-7M:.

'•'- ,.' í ÍJ

Sole representativein the State of

1 * • •'.-..' i

y:M ¦ São,Oíu

ã:iTií,

áíí.«í

The Standard filio;,OF NEW YORK^'

">..•) •

Jçpaiifll;V9

Cftinl#$«#i». Ô#f w o s t o 4Open to accept sole Agencies in the State of São Paulo

HEAD OFFICE I PARIS, ME OflAüOOAf Io. 5.¦

«'.)'

*

The BRAHMA BREWERYrecommends

its most famoos Bflands, the best Beei*s existing:TEUTONIA,

BRAHMA,BOCK-ALE,

BRAHMA-BOCK,BRAHMA-PORTEP, BRAHMINA.

lm K___r ^___PyKrvSfl __. _i'1_Bi^^vr

, J&

DRAFT BEER. The delicious celebrated BRAHMA - CHOPP!!!to

; ¦-_-_-_—____-.

For Orders apply to:

COMPANHIA CERVEJARIA BRAHMARIO DE JANEIRO

SANTOS:

PRAÇA TELIES N. 10

1+1

m

AGENCIES :S. PAULO :

Ricardo Naschold &Co.RUA WASHINGTON N. 31

Ni

11

EXPORT:Emil Schmidt & Co.

G

RIO DE JANEIRO — CAIXA N. 1083

THE SÃO PAULO TRAMWAY, LIGHT AND POWER COAflPANY LIMãTEDHEAÜ OrFICE, TORONXO, CANAOA-NEW YORK OFFIct), »5 BROAD ST.SAO PAULO, PRAÇA ANTÔNIO PRADO No. 1 - RIO DE JANEIRO, 76 AVENIDA CENTRAL

ü. n Tr!uCÍtí0f-S5° Paul°' Which is the caPital of the State of São Paiilo, Brazil, is situated inthe valley of the T.ete River, 800 metres above the sea levei and 35 miles from Santos, the sea portot th.s State, lhe chmate is delightful throughout the year, resembling very elosely that of SouthernCahfornta. Sao Paulo is a city of 300,000 inhabitants and may easily be seen by travellers touching atthe ports of Santos or Rio de Janeiro, the journey from Santos to São Paulo by railway taking 2 hoursand from Rio to Sao Paulo 12 hours. On account of the natural resources ofíhe State of São Pauloand owing to its peculiar location, the City of São Paulo is one of the most important commereialcenters in South America. r

THE SAO PAULO TRAMWAY, LIGHT & POWER CO LTD

devéEÍ^r^nr7 "^ inSã° PauI°a"« supplies ali the electric light and power. Electricity is

12M0Hfíltll y'

l^l'Zlng thC MS °f the Tieté River- some 35 kilometres below the city,

Jfân^To enable ^ÍToX S-Ít C"í ^ ™ "7 * P'°PSS ** * ^ "^ * **

on two seoarate steel nnlVliL? u constantly increasing demand for power. Four distinet circuits%£££^£^£S^%£* írrthe PowerT»°rto the Substation in São Paul°

of track coverino- th^ ™Z1 / tr^w^ hSht and power uses. The Company operates 125 kilometres

É2É. This an" the chei: r2s gZ™^ % '$*

^ ^ **&*>**£ 8«* "« fc ™Înfnrmatm„l7 P rates {°r power is causing many new manufactories to be built. . a

neW indusírt Tnc°ens oT 17/e Í ™£Tf

^ m ^ ^ Cative fojft establishment of

etC' can be obtained by application to any òf the offices of the Company.

TTPÍ]î.lTEi_The latest modets of the REMINGTON TVPEWRitp» ~«

saCrVfirirt_ #J °,,er Vls,b,e wr Mng and other important Innovations, withoutand other principies of comwZÎT™ V'*

SteeI type>bap w íe *»+» tanger,The r 11 nTm n^«

hri,made the Remin*t0" *"°™ 'or years as the most durable of typewriters.adds or subtracts at the same\ZZhT r™*'™ 'S the °n,y typBWr,tep wh,ch wr,«es and

tabulai- w? Íy.."_nP V touchlng the key«- " Is the only machine possessing a key-set decimal

writing machines at your officer*'í_ouf «""^ * Sh°W V°U tW8 leader 0f moderny office or at our stores, 125, Rua Ouvidor, Rio de Janeiro and 19. Rua Direita, São Pau.o-

CHÁS HT. 1»F*ATT\General Agenf for Brazil.

¦•'V.; .*¦*!¦* W\tjV_?T,T

a trfikAv a.

C--, » ,'1 -V •

VOL. XV.

~ "J______f'* ¦¦'

0 .wazilian===== ^-^ ,*' ,&&"&. {^ )IO DE JANEIRO, TUESDAY, SEPTEMBER 3rd, 1912>£yyô. 36

The Wfestern Telegraph Company, Limited.THE ONLY DIRECT ROUT^ WITHÔUTH AMERICA UNDER ONE MANAGEMENT.CABLE STATIONS IN SOUTH AMERICA:

WESTERN TELEGRAPH COMPANY.Braiil:— 1

Para (Travessa Campos Salles No. 1).Maranham, Cearai,Pernambuco (Rua'do Commercio No. 2).Bahia (Rua das Princezas No. 7).Rio de Janeiro (Avenida Central No. 117),San os (Largo 11 de Junho No. 4).8. Catharina, Rio Grande do Sul.

Uruffuay:—Montevideo (Calle Oérrito 146).

Argentina:-Buenos Aires (287 and 291, Calle San Martin).

RIVER PLATE TELECRAPH COMPANY.Argentina:—

Buenos Aires (287 and 291, Calle Sau Martin).

WEST COAST OF AMERICA TELECRAPH COMPANY.Chili:-

Arica, Pisagnajlquique, Antofagasta, La Serena,Coquimbo, Concepcion, Coronel, Talcahuano.Valparaiso (Calle Prat 69).Santiago (Pasaje Balmaceda).

Peru:—Callao, Lima and Mollendo,

¦ i.mw—

r/ __T___I ____-___3_ãw^*V^f/ NEwyoRuM __flK\w"',«i**\M^L __f _^_^^5 ____r_l_PiV______l /\MMt&ClM>C3 \^L

/_B__, ________ mwrMmmmmmmimm&^fóyÍÊjàiÊSkx m\\W m\. w _p5 WÍWfi/$^

^^^^r\i

m\ m±^ aa vB^j___B<>*'<A'> 1__^_^_^^^^^ _Íl)y/i_270*rHuq5r 1m\ ^^__£_I9 _R7l_H_vC0NAK><v tv»*^ I^T ^VWlV--i W/limVKs_iV)nt,&*&f> a_y M4NC05 JVJ^_!^_V/il_B_r;k aVi/j* I___F'Qi" A^fcWffl-^-T-^M» »*>'f IMAHANHAÍ<«kmfM|MK| gK2»K»MERUN f

HR^1-^ PEnuwBÍco1^! ¦!AP "AtBRtvint. /il _Íl£*j'¦•¦"¦'¦•'"'" ';'v''IA^Hi'v!(P wL0AN0* //

^^/^••JBI fHt / _U_in__^_l __Âft_^_ABfl__rOT '^'•f',/$r

CABLE STATIONS IN EUROPE ANONORTH AMERICA:-

EASTERN TELECRAPH COMPANY.London: 11, Old Broad Street, E.C. , #

The Baltic Exchange, 8t.Mary Axé; E.O.449, Strand, W.C. \:\

Liverpool: Kl3, Exchange Buildings.Manche.ter: 44, Spring Gardens. _ iGlasgow: 5, Royal Bank Place. 1Newcasile-on-Tyne: K, Exchange Buildinge,

Quaysid».Cardiff' 33, Merchants* Exchange, Bute Dooks.Madrid: Calle de la Puebla 14. - •-¦

Marseilles: Hotel des PoBtes.Malta: Central Station, St. George's.Bome: 28, Via Venti Settembre.

COMMERCIAL CABLE COMPANV.

ETaw York: Commereial Cable Building,Boston : 112, State Street, ¦•• '

Halifax, Nova Scotia: 201, Hollis Street.

Wrem SOUTH AMERICA to ALL PLACESBXASIL Via Western.Uraffnay Via Madeira.Argentina .Faragnay

'.". '.'.'. )Via Rio de la plaíia-

01ILI-Punta Arenas ... Via Rio de la Plata,

_ Ali Other Places ... Via Eastern.Peru lBolivia i Vm Cable West Coast.

PLBASB 3Vr^_^í_: 3TOTJÍ2, TELEG-BAMS:-

Great Britain Via Eascrn Madeira.Prance—Paris, & North „ Angletcrre, Madère.

South „ Malté, Madère.Germany ... „ Emden, Vigo, Madeira.Belgium „ Eastern Madère.Holland „ Emden, Vigo, Madeira.

To SOUTH AMERICA. •!.-¦;

¦> „

i Italy

Spain

Portugal

North America and")

West IndiesJ

... Via Malta, Madeira.

„ Eastern Madeira.

„ St. Vincent.

Commeroial

AGENCIESPARIS : 37 Rue Caumartin | ANTWERP : 55 Rue du Moulin | BRUSSELS ; 41 Rue d'Allemagne

HAMBURG: Glockengiesserwall 21 | PORTO IALEGRE: K. W. Seffon, Caixa|<18HEAD OFFICES OF THE COMPANY—ELECTRA HOUSE, FINSBURY PAVEMENT, LONDON, E.C.

THE AMAZON TELEGRAPH COMPANY, LTD.T.-W© cables between Belém and ülaiiáos with the tolloTrin_f intermediate stationat^

Curralinho, Antônio Lemos, Gurupá, Prainha, Monte Alegre, Santarém, Óbidos, Parintins, Itacoatiara, Amafpry^Üt/r and the following1 sections:— \fff _

Belém, Cametá, Pinheiro, JWosqueiro, Chaves, Antônio Lemos, Macapá, Chaves, JWarzagão, Santarém, AlemqueivP. O. BOX 270 — Belém, —o— p. o. BOX 1017 — Rio.

¦ ,; ¦ 4m1 i^^^_w w ,'''

^M ^^B

- .MMJ ^H^H

rmm\ imwa

ELLIOTT BROTHERSManufacturers of surveying, fcelegrapk, of>ttcal, matke-

matical, and electrical tnstruments; every

description of engineer mg a_>_>aratus, and of the ansckutz

gyro-com_>ass as suftjílied to the British Admiraity,

CENTURY WORKS, LEIISHAM, S.E.CENTRAL OFFICE :

Central Buildings, Westminster, London, S.W.

Sole Agent fop Bpazil:—

Davicl Mo. ISTeill-AventJa Rxo Branco 117f 2.nJ floor, Room 10.

_^^ tt,XO IDE J"-ô.2<T_e3_Q_RO ==

mWMw^wgÊÈÊ

/' *" '_i"~~~' ^-^-^^^______jj_^yy^!9^^^^M__j/ _____JI'~ ^^r_____Si^»^_«'--**í* flllltl

IÍ_lílB_ÍlKjÍ|gjj^^wr~~WBB|(|8pÍ^^^—gtff'--''-^^_i^—^^ãP^Ê^S""" ^T^j__^jsHpyj_|[gJ..

^^*^^ÊÂ^^mmAÊmiÊmmmmmÊmmWÊÍÛÊ H_M

¦AS

m

- .'M

¦.'¦:>

M

I ¦

"**

1038 THE BBAZILIAN BEVIEW.aiptember 3rd, 1012.

BorlldO Maía & Çp.S Advertise$nt PageP. O. Box 131

Cable • Address -¦ BORLIDO

Rua do Rosário, 55, 58Rio de Janeiro

tttHP<0$ffiSft$ ÀMÍ SOÍ-E JMmtm& f"OBl: J

DICK'S PATEKT BELITNGT.l««r.phlc Addrwt: "GUTTA PERCHA," GLASGOW.

R. & J. DICK, LTD.Greenhead Works, QLASQOW

ESTABLISHED iSio

WM. SIMONS & CO., LimitedRENFKEW Engineers, Shipbuilders and Dredger Constrnctors

DREDGERS OF ALL DESIGNS AND CAPACITIES

CONSTRUCTED BY SAME, INCLUDING:-

SCOTLAND

Barge-Loading Dredgers — Self-Propelling or Non-Propelling. Bucket Hopper Dredgers. Pump Hopper Dredgers. Bow ot StétüWell Types. Combined Bucket and Pump Stationary Dredgers. Combined Bucket and Pump Hopper Dredger. Self-Dis.chargiug Hopper Dredgers. Bucket Reclamation Dredgers. Suction and' Discharging Pump Reclamation Dredgers. ¦Pontoon Bucket & Pump Dredgers for Canal Works. Rock Dredging Vessels. Rock-Breaking Plant. Gold-Mining Dredgers

STEAM HOPPER BARGES DUMBER HOPPER BARGES

BARGES WITH HYDRAULIC AND STEAM GRAB CRANESTUGS, LIGHTERS, DIVING BELL BARGES, ROCK DRILL BARGES, ENGINES AND BOILERS, REPLACE

WHEEL GEARING, BUCKETS, LINKS, PINS, ETC, A SPECIALITY

(fttauta WATER PAINTMade by Mander Brothers - Wolverhampton

PORTL1ND €EMENT.I'v. BRflND J. B. White & Brothers

Enfield Cycle Co., Ltd., Redditch. Bicyc?e?orev^rdeIcírption

Safety Fuses Bickford Smith & Co. Ltd. Tuckingmill,ENGLAND

Lubricating Oils of B,iven & ca™^0"-

September 3rd, 101.2, THE BEAZILIAN EEVIEW. xm

"%

LAMPORT m"W. V'v

&

HOLT LINE

Mfflffl

';,;A.A

íi'A-'.'-

' -T-:-' ¦¦¦'¦¦ '-

\ ,'r-S

Mí^WM&ê^m^^í"ítt»(V

Ü ii¦1

___t_S •O.v- •-. — ........; . 'voS1Tífc • ^

S. S. VASARTMail and Passenger Service between New York, Brazil and River Plate.Avefage Passage, Rio to fleai yopk) 17 days#

SAILINGS FOR NEW YORKVERDI* I6th SeptemberBYRON 3rd OctoberVASARI* i6thVEJSTRIS* (new) 2nd November XSSE1 16th

TENNYSON 3rd January 1913

XStíUt

NAEIRJDISails 16th September for

Bahia, Trinidad, Barbados & New York.Ticfcfs issued for fl» circular trip from Rio to New York and thence to Liverpool, Southampton, LondonW^\t .Hrb"r9andBreme'»' «^Cunard,Wl,ife8tar and American Liners.Spectal Tounst Trckets issued for the Rouud Trip to New York in connection with the New

*~ u- 6W eamer "VESTRIS"

(11,500 tons)Oabmes de luxe, Staterooms with private bath, etc-Single-berth CabinsAli passenger steamers are equipped with the latest system of wireless telegraphyFOR FURTHER PARTICULARS, APPLY TO • > ••

'. .. .." ã7:a7

Tke Agents. NORTON, MEGAW & Co. Ltd., Rua l?cUMarço, 112Telephone No. 47 RIO DE JANEIRO P. O. BOX 34

Santos. - F. S. HAMPSHIRE & Co. Ltd., P. O. B. 10. Bahia - F. BENN «5 SON. :

OOBOOVADO BAILWATTime table for ordinary days

A.M.JJ.Pf P.M.

Co>me Velho for Paineiras 6.16* » 8.00» » 10.46

Cosme Velho for top of Corcovado _.üü» » » Paineiras... 5.00» » 6.15» » ». 8.00

A.M.-UOWJN

Paineiras for Cosme Velho.» •

P.M.7.208.45

Paineiras for Cosme Velho.» ,» »

2.004.005.408.30

Sundays and HolidaysÜH!

A.M. I P.A.Cosme Velho for Paineiras S,00

» » top of Corcovado 9.00> > 1 000

» » 11.00

*>D

l>

>>»

Cosme Velho for top oí Corcovado

2.003.00

4 005.006.007.008.00

12.001.00

A.M.DOWJN

Paineiras for Cosme Velho 8.30» 9.80» 10.30

» 11.3o

P.A.Paineiras for Cosme Velho..,» »

» . , ;>a>»»»

>»>>»»

»>»»

»

12.801.802.803.804.305.80

Return tickets to Paineiras 20$00—to top of Corcovado 3$000NOTE. — On ordinary days and church holiday the 2 p. ni.

On Sundays and Ho idays ali tho rains will go to me oi uorcovaao excepi ine t* a. m. and those afte•rv- ••• — far paineiras and the timetablcs for or.iinary days will be in force.spend the trains mentioned in the timetable it' there are no nass«-o-„..oOnThe

train will go to the topof Corcovado if the weather is fine.soto the of Corcovado except the 8 a. m. and those after õ 30 d mand the timetablcs for ominarv davs will ha ir. <•«-»« ' *Vwet days trains will only go as far Paineiras and the timetaU™ ™ „.,, ~aj* „ltl UV) lu l0Tce

Compáhy has the right to suspend the trains mentioned in the timetable if there are no passeno-ers at any of tho Stationslher.it has right to suspend an ordinary if special trains have to be run for visitorR nr nnriiao ^* <•«£.: «* ioas.

•.• ¦.'¦¦¦" -í

I3

«¦¦ ¦'.¦'¦• '¦'íTiiiw company nas tne ngnt to suspenu irFurther.it has right to suspend an ordinary if speciai trainspensiou the previous day in the most important newspapers.Rio, December 1910.

,a -.-.,- ^ "" f«aDouijers at any oi lio Stations.to be run Íor visitors or parties of foreigners. It must, however, give

The abore is apptOTod by DR. ÁLVARO R0O0VALH0 n. DOS reis Picai

notice oí such sus*«#:

Engineeí,

A ''-if^AÃ

^^^^

1040 THE BBAZILIAN BEVIEW. September 3r<_, 1Ô12.

LONDON AND BRAZILIAN BANK, LIMITED.ESTABLISHED 1862.

CapitalCapital paid up.

Reserve ITiiiicl. . ..

£2,000,000£ 1,000,000

£ 1,050,000

Head Office 7» Tokenhonse yard, London, IC. C5.Branch Office in Kio de janeiro 19. Kua da Alfândega.Paris Branch 5» **ue Scribe, l?aris.

Draw» on Head Offtoe and the following Branches;—LISBON, OPORTO, MANÁOS, PARA', CEARA», PERNAMBUCO, BAHIA, SANTOS, S. PAULO, CURITYBA, RIO

GRANDE DO SUL, PORTO ALEGRE, MONTEVIDEO,BUFNOS AIRES, ROSÁRIO DE SANTA FE', PARIS and NEW YORK (Agency).

Also on the following Bankers:—

Messrs. Glyn, Mills, Currie A Co.-London. Crédit Lyonnais-SpainSociété Générale—Paris and Branches. Anglo-Oesterreichische Bank—Austna-Hmigary.Messrs. Joh. Berenberg, Gossler & Co.—Hamburg. (Anglo-Austrian Bank).Credito Italiano—Italy. Banco de Portugal—Portugal.

Imperial Cttoman Bank—Turkey, Ac.

CORRLSPONDENTS.

The Bank has Agents or Correspondents in ali the principal ports and Cities of Brazil, Üruguay, A_-~entina, United States A Europe.

THE LONDON & RIVER PLATE BANK, LIMITEDESTABLISHED 1862.

CAPITALAUTHORISED £4.000.000SUBSGRIBED 3.000.000PAID UP 1.800.000

RESERVE FUND 2.000.00029 RUA DA ALFÂNDEGA and 112 RUA DA QUITANDA

And at London, Paris, Antwerp, New York, Santos, S. Paulo,

•<?-

Pernambuco, Pará, Manáos, Bahia, Curityba, Victoria. Buenos AireB, ípsario, Mendoza, Concórdia, Bahia Blanca,BarracaB, Cordoba, Paraná, Tucuman, Once, Boca, Montevideo, Paysandú, Salto and Valparaiso. - ^ -

AX^-IÜJNOllDS IIS BKAZILMaranhão, Ceará, Maceió, Rio Grande do oul, Pelotas and Porto Alegre.

CorrespondeutB in ali other chief towns of Brazil. jll.il.

BILLS OP EXCHANGE issued and purohased on thefollowing places:—

LONDON and ali the principal towns of the UNITEDKINDOM.

PARIS and ali the principal towns of FRANCE and ofARGENTINE REPUBLIC, ÜRUGUAY, CHILEUNITED STATES, CANADA and JAPAN.

CURRENT ACCOUNTS opened with commercial firais andprivate individuais.

DEPOSITS received for fixed periods or at 30 dava notioeof witndrawal.

LETTERS OF CRÉDIT issued.STOCK & SHARE ORDERS executed and every description

of banking business conducted.TERMS ascertainable on appitoation to the Bank.

-1 j

BRASIUANISCHE BANK FUR DEUTSCHLANDand

; j '..:;. a •/

Established 1887 by and Representatives in Brazil of theder I>isconto - Grosellscliafty

N orddeutsclie Banlt in JE3Lsk>TrY\Ja\JL2?&9Capital Realised 10,000,000 MarksReserve Fund j. ¦ 3,300,000 »

HEAD OFFICE : HAMBURGBranch Offices: Rio de Janeiro, Caixa 108 - Sao Paulo, Caixa 520 - Santos, Caixa 185Porto Alegre, Caixa 27-Bahia, Caixa 152

Cable Address in Brazil: /VLLEMÁBANKPará, Manáos, Maranhão, Ceará, Pernambuco, Maceió, Parahyba do Norte, Victoria, Rio Grande do Sul, •Pelotas, Curityba, Paranaguá, Santa Catharina, etc. cCOBBBSPONDBNTS IN

and correspondents,

; ;/ Draws on : —

[';' (Direction der Disconto1 Gesellschaft, Berlin

ttermany .. .,< and BranchesJNorddeutsehe Bank inf Hamburg, Hamburg

f N. M. Bothschild & SonsV Direction der Disconto GesellschaftJManchester and Liverpool District Bankiu

England J Company Limited( Union of London and Smiths Bauk Ltd.VWm. Brandi's Sons & Co.

LondonLondon

France.

Crédit Lyonnais, Paris and branchesComptoir National d'Escompte de ParisSociété Générale (pour favoriser etc.)Lazard Frèresà Co.De Neuíiize <fc Co.Heine & Co.

Paris.Paris.Paris.Paris.Paria*Paria.

Uai?

, i ."

Opeai aooounta current.\-

Credito Italiano' Societa Bancaria ItalianaPortugal—Bauco Lisboa & Açores and correspondente ."¦'.'"J \"Londou Spain—Banco Hispano Americano. Z

London United States. Ar gentín», Üruguay, Chile, JHe-tieoLondon and any other countries.

Pays interest on deposits for fixed periods. Executes orders íor purchase and sale of stock,ih arei, etc. and transacts every description of banking buiineii. ¦•¦"'

òíi

September 3rd, 1012. THE ÉBAZILIAN BEVIEW.

THE !É},'%

,.>•'•¦¦BRÍTISH BANK OF SOUTH AMERICA,HEAD OFFICE: 2 A, MÒORGATE STREET,

LONDOi\, 1D. C. «1,500,000

750,000850,000

Rua Primeiro de Março, 45 and 47.

¦\i &

/x. Capitai Idem paid up

Reserve FundIV

Office in Rio de Janeiro- tóWsáji t Rua do Hospício, 1, 3, 5, and 7,

:,,. Branohtt ati- SAO PAULO, BAHIA,BUENOS AIRES, MONTEVIDEO and

ROSÁRIO.Oorrespondents in :-Pernambuoo. Pará, Manáos. Ceará. Victoria. Maceió. Maranhão.¦"V "

*>,J*JSanta Catharina, ^Paranaguá. Onrityba, Eio Grande do Sul. Pelotas. Porto Alegre. Santos. Pianhy, Matto Qro..o.Draws on Its Head Offles In London i

London.rhe London Joint Stook Bank, Limited ...and ali prinoipal towns in United Kingdom.

Messrs. Heine St Oo Paris.Banque do Bordeaux... BordeauxJ. Berenberg, Oossler & Oo Hamburgand Correspondents in Germany.

Banco Belinsagh. Banca Commerciale Italiana

••• ••• *•• Milan.Oenoa.

Soeiotá Bancaria Italianam- and Correspondents in Italy.Messrs. B. Sains à Hijos... „. ..Garota Oalamarte à Oo. ...«¦ «,. 5?d Correspondents in Spain.Orédit Pranoo-Portugais Banco de Portugal -«_ -. and Correspondente in Portugal.The Bank of New York. N. B. A. .„.B. Eaonl, Duval à Oo

• ... ¦ -¦...

V* ' ••• •••¦ ••• i

••• ' •••

••• ••• •••

Also draws on South Afrioa. New Zealand and principal Cities on Western Coast of South America. Onens Onrrent annnnnt^Rec.lves deposits at notlos or for flxad periods and transacts every description of bankl^ builnsílCIRCULAR LETTERS OF CRÉDIT AVAILABLE IN ALL PARTS OF THE WORLD.

$%¦ ¦A$£'y:~Genoa.Madrid.

Oporto.

New Tork.Havre.

r-f.i

¦ ^cmmimîmmî

BÁNCtí ALLEMÃO TRANSATLÂNTICOGapital. . . 30,000,000 MarksReserve Fund. ....... 8,150,000 „:_à 1886 toy tlie Deutsolie Bank. o_f

HEAD OFFICE : BE_KI_,I_NRua da Alfândega, 11 - Rio de Janeiro - P. 0. Box. 1386

BRANCH -OFFICES AT: UÔÍÍ

M

Bahia BlancaBuenos AiresCordobaMendozaRosárioTucuman

I*a Paz (nniivia Antofagasta rantiago. Vf-.r¦,-,;.;• °™ro <B°UT Arica Temuco

[ AàCÉÍIfINA ^niPa'l ?™?nTion) Cajlao | »¦.¦,.. Iquique

«CHILEMontevideo ( URUCUAY

BarcelonaMadrid I SPAIN

' •; • >¦ i ;' i^fí

ValdiviaPERU Osorno Valparaiso

TrujilloThe Bank ís agent of the DEUTSCHE BANK OF BERLIN (Capital & Reserves 310,000,000 Marks)

and draws on the following- Banks & Bankers:National Provincial Bank of EJngland L,td. í Banco Lisboa e Açores, LiBbon and Bran-ILTnion ©f 'London & 8mith's Bank Ltd. PORTUGAL) cbes. ,

l.Capital & Counties Bank Ivtd. ' (I. M. Fernandes Guimarães & Co., Oporto

|K0nig Brothers. ITALY. Credito Italiano, Milan and Branches.í Comptoir National d'Escompte de Paris SPAIN: Banco de Espana, Madrid and Branches.\Crédit lyonnais..-. \\ NEW YORK'-!National City Bank of New York.(De Neuflize & Co. "] Muller . Schall & Co.

vr ?• % ;: as well as on any other principal place of the World* ....... ...;, ?The Bank ^_fiac|aíf|^^0fld.of banking business, opens current accounts and accepts Deposits at iixeà üeiícîat most'faVòrablèxates. Issues Letters of Crédit available in ali parts of the World. Zy ZZ}úî

LONDON:

PARIS:

Banque Française et Italienne pour rAmerique du Sud.T .-V ¦jriSf

? y%-*-i

SOCIÉTÉ ANONYME.¦ ••''.,•'->.'¦

?$4 « &,

HEED OFFICE: PARIS, 73 Boalevat»d HaassmamÊflv s!,';ii''\ »! :.:H', .

IH-' M<. ® •"€^KAKÇHES: Rio de Janeiro, Caixa 1211; àâo Paulo, Caixa 501; Santos, Caixa 25; Curityba

Agencies : Ribeirào Preioí fe&e tíárlós, Botucatú, Espirito Santo do Pinhal, Mocóca, Sao José do Rio Pardo, Jahfl and PoittsíÔroSiiu:Telegraphic Address: — " SUDAMUKIS."

*¦ ~\

tg Capital subscrlbed Fcs. 25,000,000, -• ¦ ¦,!,,«¦„ > Reserve f and - - -4i.- • •*••* • • • 8,889,679.10 ^ v &**&*&,^^^^^^^^^^M^^^^Ê'-^. BKAZILOF: "Banque de Paris et des Pays Bas, Paria

"Societe Gènèrálepour _avoriser,etc," Paris, «Banca Commerciale Itaiiana^2^ffiilí^Correspondents in ail the most important towns of Brazil and abroad.

^he Bank transacts every description of banJcing- business on the most liberal terms. ., .. GENEKAL AGENTS OF THK

>'* îvíéazioné àe»erale Italiana— "La Velooe" — "Itália" — "Lloyd Italiano^ if

U

"yyy-

a-:áK

m

¦!>¦ i

' Ba

1

m-<:wB

-¦_?a

-1¦¦¦.m•i;

.

'¦•

,..-.H

¦ a a: A\<:;'¦•¦',i

í

• -:;l

iWtó _?HE BBAZILIAN BEVIEW. September 3rd, .1-912...ru-.T.TX",T-. .r rrcr

BANK NOTE COMPANY.70-72 BROAD STREET, NEW YORK, U.S.A.

AMERICANi«r_jL i

BUSINESS FOUNDED, 1795.Kn^ravers and Printers of Postage and Revenue >s, Bank Notes, Lôndt,

sdtoclcîTtíficãtes, »raft», Checks, Bills of Exchange, anâ afi T instruments reciuirin*security.

• ..¦*¦. '..'••

•,

Work exeented from steel platee with special safeguarde to prevent counterfeit-in*. Special pápers manufactured exclusively for the use of this company.,*©__*SÍ

.fehf>*5f*ailway tickets, maps, mimhered and eoupoii tickets of any *A*£? P*M *e »* »*y»e»oi^Wevicc, with steel plate tint».

.oíiocfO.e-_i; imates submitted on receipt of particulars or reqüirements

REPRESENTATIVE IN BRAZIL. :

L. C. I RVINE<mCWwmèiro de Março, 109 - RIO DE JANEIRO,

^^^P

TfelÃESÊ5>£isrjBOOTH STEAMSHIP CO-, LTD.,LIVERPOOL.

Royal Mail Line of Steamers to the Northern ports oi Brazil.Hmu eXOía '

j^j REGULAR AND FAST SERVICE OF ÊAMERS BETWEEN :

Liverpool, Havre, Cherbourg, Vigo, Oporto (Leixões), and Lisbon (calling at Madeiraafíd Pará, Manáos, Iquitos, Maranhãp and Çeajrá.

ALHO KlíyX^WEISJM:

lew-jork and Pará, Manáos. lqnitos, Maranhão and Ceará (calling at Barbadoes),Regüíár monthly service between Buenos Ayres and Manáos, calling at Montevideo,

Pernambuco, Ceará and Pará,) AGENTS

(«atiúsIÁ fíOtfçttiK

aOftQttC

Booth & Go. - fWar<anhào.Salgado Rogers & Co.- Ceará

nramTOI & Çq. - Pará.Booth & Go.— Manáos.

Julius von Sohsten. - Pernambuco.Ifi Slpl Booth & Co. -Iquitos.>ti

T. S. Boadle & Co - Buenos Ayres — A. Real d' Azua - Monteiideo

T...,r.pWî? WJ W |tJf

T7 X^/\ P.O.Addr...ITIC R KO- Kl O. £^ JJ li A L-i V3C/ V/ V_^ Caixa No. 593

G&peial Merchants, Metal Importers and Ma&ufetcturers pf.Bar, Aii^le and Horse-shoe Xron, Charcoal Box Irons, Wire JXails,

Lead Pipin^, Mule aud Horse Shoes, Bolts, Nuts and Riveta of ali kind».• tllfe*!. t.4*í3.&_ S^íí;^ ££?f» - 'OfJãjÂJ^ DESCRIPTION Sole importers of "RM) GffO^' Ç_?|JBNf

<fa'KiW\tA$-A. i.:vi:ví;: !;A

mawi&t Imá.fSH Sole Importers of Hall's Banitary Paint '•J*I-A.TTOr_.IJ>í.»»

CENTRAL OFFICE: 52, RUA THEOPHILO QTTONI, 52.

Seiptember 3rd, 1912. THE BRAZILIAN BEVIEW. ftMS

I

*»ii

• ;.¦•: l .•y\ü]2few 5v(êl5^

2i5v-)c#ví f-fíabis-O 8ct_9dj_Q d:w üooaoj oi 3-OíÍaiV-soriôiítâvítoo bue iiolmo

r j.mí.s iSljS AisaPí

London, Paris, Biarritz, Lausanne, Rome, Johannesburg, Bqèn^ip^^908Nice, Cairo and São Paulo, RUA 15 DE NOVEMBRQ 37?*

Engraving andMonograms

. , carefullyexecuted by

our own Engraveron the premises.

Designssubmitted

free of charge.

.ésni-q tu ''oBa&táai

iiuofliiw ,alío¦y/iS(/x 1 yJúi.ôZrí oi ifchoW

Renowned the

Woríaover

forfvCI; ÀJJíí ;.f8sssssssssBSSSsssmmmmmsmmmí

woq':g riobfóft .w .¦?!_value.3&?3ym| g^g Htianiug (no"-.(» 61The "Octágon" café au lait service, in "Prince's Plate"

with fine Porcelain Cups & Saucers. ;•','.'¦¦.yf:um} ~~ s?08<;.§ Mil^p ,iG^P <Q&fói.8%itf bfls íiüSQiMg (no

.(* 0}—* —=— i ———ãSí___5SCEEB'We

- • rj : ¦;.?. ,i

Catalogues and ali particulars on application.

Telegrams: MAPPIN Rio. — Telephone, 489 Central. — Posl Office Box, 115.

RUA DO OUVIDOR 100 — RIO DE

8ÉHT

J&NEHHJOlF,_^_—_—__

«^ »-a-M-M--M-M-_¦--__¦__

•¦: '--j--YH-_»0 dM; srfT

íf:-;

___________________________ fe*X^ ___^_^ --"^sW^sUP^^i sl^B^Sta-___ sV_rw í,.< p i t_Já _» v

5H1^^smdãidím^M

•m} to k^rafc ai ftli.oiI .soU As'.i ífSè^í íiirofoilsd Io JiatrQ a dum

8 irHVaa^Ha ,VÍ .3

For Infants, Invalids, the Aged and TràvéUefi:

An ideal laneh food.

Prepared by dissolving in water.j ¦ I

'*• ¦•- '¦'¦¦¦'¦¦¦¦ ^v&-Ai.it;Mrrwemummmm9No cooking or milk requirecf

%. »^- ¦__

¦ ; ¦;'¦ :-.*...' ¦'-'

'¦.¦'¦¦¦.':'.¦

¦

Agents for Brazil:

PAUL J. CHRISTOPH Co.=— Rio de Janeiro and São Paulo. ^

•i5vi--

^

/>

ii— ¦ '» ,,/v .:á;,. feff Sftfi 4l

:

: ,-

I¦-¦Si

'¦ :>¦»¦'-

íÁfflU

1

1044 THE BRAZILIAN BEVIEW. September 8rd, 1912.

FRTVATE RESIDENTIAL HOTEL.

46 Queen's Gardens, Lancaster Gate, London, W.

Visitors to London will find every

comfort and convenience. Central and healthy positionNear Bus and Tube.

Terms 2 1/2 g"uineas per week.

CLUBS PATEK-PHILIPPE.

(Letter Patent No. 1.)With Fiscalisation of the Federal Government.

Sells, without increase in price, the Best Watch in theWorld, in Weekly Payments of ten francs.

IMPORTANT TO NEW ARRIVALS.

LEARN TO SPEAK POBTUGUESE if you want toincrease your income and have a successful career in Brasil.

Portuguese is rapidly taught by efficient and praotiaed

professors at the

¦!! í

GONDOLO & LABOURIAU,Watchmakers.

81, RUA DA QUITANDA, 81.

Dr. W. Gordon Speers — (M.R.C.S., L.R.C.P., Lon-don) Surgeon and Physician, Rua São Bento, 63. S. Paulo

(2 to 4).

Dr. Charles Speers — (M.R.C.S., L.R.C.P.. Lon.don) Surgeon and Physician, Rua São Bento, 63. S. Paulo(2 to 4).

THE NEW FOOD.

ti FOB BODY, BRAIN, AND NERVES.

The 20th Century Elixir of Life.

BERLITZ SCHPO^ SQP LANGUAGES.

(The only genuine and authorised branch of the BerlitzSchool in Brazil.)

Jornal do Brazil Building, 4th Flopr, - -110 Avenida Rio Branco, Rio de Janeiro.

Director—Alexandre Brigole. Telephone Nó. 4610.Special Classes held daily from 8 a.m, to. 11 p.m. .,

Terms—151000 per month; >

Also numerous Classes .«in English, French, German,Italian aud Spanish. :,/A,,fir,

Call, write, or 'phone for'particulars. . .. > s -

FERREIRA IRMÃO & C.

Speoialities:—Fruit and Ice.

BELLIS'S TURTLE CUP.Thé Ideal Food for Strengthening, Nourishing and

Sustaining.

A 2oz. Bottle is sufficient for 8 Tea Cups, or willmake a Quart of Delicious Real Turtle Soup.

Sole Agent:—C. N. LEFEBVRE, RIO DE JANEIRO.

Freah Fruit ali the Tear Round.

4, Rua Primeiro de Março, 8.

Cold storage goods imported from-the; United States, Europa. Ac.

Telephone No, 32. .

Caixa (P. O. Box.) G1S. r 7^ f Télegr»: fFruotagel».

Rio de Janeiro.

METAL AND RUBBER PRINTING 8TAMP8.

Interchangeablô Type, Wàx % Seals, Stencils, SigaMarkers, Stamps (trade-marks) and Type for

marking Coffee Bags.Business Signs Engraved.

S. T. LONGSTRETH, Rua da Quitanda, lio, llrat floor.Telephone, Central 704.

^_S_raHB-iÉ^^^v^pÊk!ífmfflmmmw

' m^Ê m^Kr __p^_v m\^ _k_^ ' I 1_^^^^^^P _^-m^m m^m _^r^Up f^w^ jm*^^m\ I hrí^^í bm\ _^_V -_v __r _r _v _J^_^ ^^^ JH PPIMIIIm

^^^^ ^^^^ ^^^ ^^^ ^^^ —^T ^^m^ ^^^^r ÈmKffr- Avslftl '/__¦

:ÇT_«ã3ÇfànBKJ^w-stf.íif.r_í; •.*. :,-,;- _BlllÍÍlÈ_ÍÍ^_á__M

_l \m\mm\ mmm.m\ wÈ

m\ <Êr_H ÜP^I ajr

mt ^<_É_fl _lÊr

A ' : i i, 'ívÃ

FITS

. A , ;¦

EVERY

;j- ;fc-j ;y< ' íi,; ¦

tíhfi

» .1'

Agencxes tn Every Town in

FOOTBrazil

dRANCHEB

RIO DE JANEIRO:RUA DO OUVIDOR. 105 el07RUA DA CARIOCA, 38RUA DA URUGUAY AN A, 83RUA CAMERINO, 178.

(Corner of Rua Larga)RUA ESTAGIO DE SA', 59-

NICTHEROY:_RUA.. RIO BRANCO, % 16. .......

BAHIA:RUA FORMOSA, 13.RUA CHILI, tf,*W * ^"fr PAULO jRUA 15 DB NOVEMBRO, 45RUA S. BENTO, 18AVENIDA R. PESTANA, 288

7- SANTOS:íiRUA FREI GASPAR, 12

PERNAMBUCO:RUA BARÃO DA VICTO-

RIA, 81.PORTO ALEGRE:

RTTS DOS ANDRADA8 88»CURITYBA:

RUA 15 DE NOVEMBRO, 42.JUIZ DE FORA -

RUA HALFELD. 16S. ,«

A

'¦¦ :'

.'

• • ¦ ><;-;> -..,/.•:"¦.¦

September 3rd, 1912. THE BEAZILIAN REVIEW. 1045

Wkt Wtmíim ittwewEDITOR—W. G. CHANCELLOR.

OFFICES—Jornal do Brazil Building,Third Floor, Room No. 5, Avenida Rio Branco,' No. 110.

P. O. BOX: 472, RTO DF) JANEIRO.rWLEGRAPHIC ADDRESS: CHANCELLOR ' RIOJANEIRO

Subscription: 60$ or £« per annum.Payable abroad by sight draft or cheque.

lepsrats Copias lfSMBack Numbari ft000

£1 — 15$000.

AGENTS:—Eio de Janeiro—

CRASHLEY & Co., rua do Ouvidor No. 88.São Paulo—« i HJLDE?RACND & Co., rua 16 de Novembro.bole Agents for Advertisements in the United Kingdom—XT O STREET & Co., Ltd., 80, Cornhill, London. E.C.New York—

C R. FAIRBANKS, 68, Broad Street.————— <£, -

AH Communications to be addressed to the Editor.Aünouncements of Births. Deaths and Marriages concerning

charge! are inserted in this «Review» free of

SCALE OF CHARGES FOR ADVERTISEMENTSIN ORDINARY P0SITI0N8.

fPAOE 62 Insertsper insert

Une Page £3 5 0Half Page 1 12 6Third Page 12 6Quarter Page .. ir 61" across Page 6 0^"xS" 8 6S"x4- i 0

26 Inserts 18 liiBerts 6 lisBerts 4 Inserts Singieppviiiscit per insert por insert per insert inser

£4 0 0 £4 7 6 £5 0 0 £5 152 0 2 6

1 101 2

£8 101 161 6

18742 0

OO6000

2 61 12 618 0

10 060

8 101 161 5U

69

12 or 6 Insertions are quoted for upon the understanding that the_. Advertisement appears at least once a month.rhe 52 and 26 Series Rates are for Consecutive Insertions.

Tffl im—in''"íiei<«»t~~__M_M__a__,_a»M~K~MM~~~_—__^__M_^__^__^__^__^__^_____—_—__

Sent.> >

>

>

Oct.

> )

) )

>)

11121417

18.19.24242525.25.30.

1

2.58

99

10.

1215.1621

23.23.

Sept. 78.-9.-

10-i)

M

Sept. 3.vr 16.-

MOct.

For Europe4.—AVON, Royal Mail, for Southampton..—CORDILLERE, Mess Mar , for Bordeaux—ORAVIA, P.S.N.C, for Liverpool.—K. WILHELM II:, H.A.L., for Hamburg.—HIGHLAND WARRIOR, Nelson Line, for

London.—ARAGON, Royal Mail, for Southampton.—FRISIA, Royal Holland Lloyd, for Amsterdam—VANDYCK, Lamport and Holt, for Liverpool.—HIGHLAND BRAE, Nelson Line, foi1 London.—AMAZONE, Mess. Mar., for Bordeaux.—ORTEGA, P.S.N.C, for Liverpool.—CAP VILANO, H.S.D.G., for Hamburg.—CAP FINISTERRE, H.S.D.G. for Hamburg..—HIGHLAND LADDIE, Nelson Line, for

London.—ARLANZA, Royal Mail, for Southampton.—BLUCHER, H.A.L., for Hamburg.—HIGHLAND ROVER, Nelson Line, for

London.—AMAZON, Royal Mail, for Southampton.—CHILI, Mess. Mar., for Bordeaux.—ZEELANDIA, Royal Holland Lloyd, for

Amsterdam.—CAP ARCONA, H.S.D.G., for Hamburg.—HIGHLAND GLEN, Nelson Line, for London.—ARAGUAYA, Royal Mail, for Southampton.—KAISER FRANZ JOSEF I., Austro Americano

s.s. Co., for Trieste.—ATLANTIQUE, Mess. Mar., for Bordeaux.—ORIANA, P.S.N.C, for Liverpool.For River Plate and Pacific—CAP VILANO, H.S.D.G.; for River Plate.-AMAZONE, Mess. Mar., for River Plate.-VANDYCK, Lamport and Holt, for River Plate.-ORISSA, P.S.N.C, for West Coast.

For the United States-TENNYSON, Lamport and Holt, for New York-VERDI, Lamport and Holt, for New York.—BYRON, Lamport and Holt, for New York.

mtm â íb Weektt u,h°, reíUms of tlle Directorate GaMral of the PubliòHealth for the week ending August 24, 1912, are as follows:Yellow fever, 0; bubonic plague, 0; smallpox, 0; measles,4; scarlet fever, 0; whooping cough, 3; diphtheria, 2; in-fluenza, 16; typhoid fever, 2; dysentery, 4; beriberi, 0;leprosy 2; erysipelas, 1; marsh fevers, 10; pulmonary dis-cases 58 Total deaths from ali causes, 354, equal to. ananrjual rate of 18.56 per thousánd inhabitants. Mortalityoí infectious diseases to total number of deaths, 29.09 percont Under treatment in hospital: Yellow fever, 0; small-pcv 2; bubonic plague, 0; under observation, 0.

The German Emperor has been ill for some days, buthis condition is now very much improved, and bv the time:we go to press it is hoped that he will be almost well again.Everyone will be glad to hear this, for there is no morevirile figure on the stage of the World's politics than thatof the Kaiser and he brings into ali he does a boundlessenergy mingled with something of a dramatic strain, anamalgam ation which makes him very attractive to theWorld, even though everyone does not always agree with-his methods or his occasional bolts from the blue which re-quire explanation afterwards by the Imperial Chancellor:None the less the Kaiser is the most interesting and pro-bably the most popular figure amongst the heads of States'to-day and everyone will rejoice at his recovery.

In England strikes seem to have fizzled out at last, butit is nearing the silly season, so something- has to betrumped up to keep the public interest at boiling point. Uri-fortunately copy seems to have been unexpectedly providedbv the floods in Norfolk, which, to judge by the ôables, arereally serious. - According to telegrams Norwich itself iscut off from communication with the rest of England, ex-cent for one wireless installation which is the only meaps pfcontacò with the outside world. In addition to this, Cromer,Sheringliam, and other towns on the East Coast are cut offand people who want to return to their homes cannot do so.Presumably ^«vp must have been very heavy rains to cause,so rnuch trouble and the Broads must have overflowed.Coming at the holiday times these troubles will cause; a;great deal of loss. Unfortunately they seem to have beenVattended with some loss of life. <V

According.to those who know, the position in China is"very criticial. The cables received here do not give onemuch insight as to what is soing on, but evidently things •are not ali smooth for the Republic. After ali to foist a>ready made Republican Constitution on a country which is y\still almost mediaeval in its customs and traditions is .1&0''getting ali Englishmen suddenly to adopt the pigtail. Tlie/great mass of the people in China are sunk in complete }\gZnorance and take no interest at ali in what is going òn¦ afcZthe seat of Government. The country is made up.of mar%;:¦'";races, ali speaking quite different languages. How, in &;country like this, can there be anything like representative--Government for many year to come? The truth is that.'China, or rather those hotheads who now have taken overfthe government of the country, is trying to run befqró she/-/can walk and there is certain to be great trouble before-tííèí.:dav comes when there is a united nation under one #ag,.'-\í|r;looks as though there would be trouble very soon and.a rejí ^torjation of the monarchy would not seem to rbeat ali ün- v,likply. That a monarchy is the form of Government' best^'snited for China for thè present is obvious. ...; ¦";*'%

j Here in Rio the weather, has been very hot. Indeèd|!if this is any criterion of what the summer is to be, we arein for a perfect scorcher. Eor the thermometer to. go wellover 90 in August is hárdly playing the game nnd peoplehave been feeling the heat verv much indeed. The number 'of deaths in the Federal District was 354, as aeainst 339m^the previous week and 368 in the week before' that. Thè>highest temperature recorded at the Observatory was; 32 8-Centigrade or 90.14 Fahrenheit, the lowest 17.3 Centigrááe^or 63.14 Fahrenheit, and the average 22.6 Centigrade or^72.44 Fahrenheit. : ;.'." '.<]¦¦) Zrfç

z

Wyâ

;¦¦'/(

"A:

'"AAm¦m

'f-m„m

¦''SÈI

i

1*046'HE BRAZILIAN REVIEW. September Srd, 1912.

Í,í

according to a cable írom London there WPear^^

a n rt'„ In.t at tho «une time affords a general mchca-

on S P the position ei tho America. í*™»** ^resolution runs as follows :—«Resolved, 1 hat wmen ai >

S ò or other place in the American contment vs so situ-

t ,1 at tho oecupancy thereof for naval or -«^^f

1)0ses mght threaten the Communications or the satet^ ot

?o TTnitofl States the Government of the ümted States

còüc ó' so< w ti ont gravo ooncern, the possess.on oi such

har x» i or other placo by any corporatiom or assoemtio,

Üh has such a relâtion to another Government, not

Imeíicàt a" to give that government practeal power oi

control for national purposes.»

•¦ T„ àdditiim to being a direct result of tho Uagdalena

incidont the resolution would seem also to be dn-ected

ala po-ors whose steatóship interests. advanç.ng round

?bê world aro seemáng sitos for coaling statons ^S

«g

event of war riiight be converted into naval or militaiy

Imses ln none oi tho cases does tho Government «ppear

as the titular owner of the coaling stations, but many of the

European steamship lines are subsidised, sotbat then shjps

aro available as part of the naval force of the Government

It is believed that the resolution might operate against land

in Vmerica owned by foreign steamshiu lines and in this

event its provisions might be consideed as retroactive and

would probably result in diplomatic negotiations.

In the opinion of the writer of the article in the « 1 mi es»

tke reaffirmation of the Monroe Doctrine will not be wel-

cójned by Latin. America. In h» opimon the

obiect is to assure to the United States

exclusive commereial and political control m

South Ameriea. This is going a long way and thoughdoubtless the United States would welcome such a result,it is hardlv in keeping with the Pan-Airericanism of Mr.Koot and Mr. Knox. Mr. Root when in Bio at the time otthe Pan-American Congress, said.:—«We (the Tlmted S ates)wish for no victories but those of peace; for no territoryexcept our own : for no sovereignty except the sovereigntyover ourselves. We dêem the independence and equalrights of the smallest and weakest member of the family ofnations entitled to as much respect as those of the greatestempire, and we dêem the observance of that respect thechief- guarantee of the weak against the oppression of thestrong.- We neither claim nor desire any rights or privi-leges or powers tbat we do not fr.eely concede to everyAmerican Republic. We wish to increase our prosperity,to expand our trade, to grow in wealtb, in wisdom, and mspirit, but our coneeption of the true way to accomplish thisis.nat to pull down others and profit by their min, but tohelp ali friends to a common prosperity and a commongrowth that we mav ali become greater and stronger to-gether. Within a lew months for the first time the recog-nis.ed possessors of every 1'oot of soil upon the American-Continents can be and I hope will be represented with theacknowledged rights of equal sovereign States in the greatWorld Congress at The Hague. This will be the World'sformal and final acceptance of the declaration that no partof the American Continents is deemed subject to colonisa-tion. Let us pledge ourselves to aid each other in the fullperformance of the duty to humanity which tbat accepteddeclaration implies, so that in time the weakest and mostunfortunate of our Republics may come to march withequal step by the side of the stronger and more fortunate.»

¦ / :- "•¦'•¦ «Let us help each other to show tbat for ali the racesof men the Liberty for which we have foúght and labouredis thé twin sister of Justice and Peace. Letus unite increating and mantaining and making effective an All-Ameri-can public opinion, whose power shall influence inter-national con d uct and prevent international wrong andnarrow the causes of war, and forever preserve our freelands from the burden of such armaments as are massedbehind the frontiers of Europe and bring us ever nearer to

the nerfection of ordered liberty. So shall come securityand prosperity, produetion and trade, wealtb, learmng, thearts, and happiness for us ali.» . le--,

These words were taken at the time of the linal exposi-tion of the Monroe Doctrine and there does not seem anynecessity to go so much further as is proposed by SenatorLodge

' The «Times» appears to think that the reaffirma-

tioivoí the Doctrine at this juneture will not be welcomedwith entlmsiasm in South America, and we are inclined tothink that our eontemporary is quite right. The largernations of South America are beginning to feel their powerand are graduallv being drawn into alliances between them-selves rather than looking for protection to the Doctrine,and in the güidihg band of the Ibiited States. Childrenhave a habit of growing up and of going their own way inthe World, and it is the same with Latin America, which isgrowing up and desires to try and walk alone. As ourreaders are aware the United States Government has beenanxious to secure a rebate of 40 per cent. of import dutieson many important articles, such as màchinery, cotton,cloth, clothes, steel and iron, etc, etc, but we are not atali sure that this proposal meets with the approval of theBrazilian Government, which seems at the moment to beleaning more to an «approximation» with Argentina, in spiteof Dr. Zeballos. The proposed reáffirmation of the MonroeDoctrine at this moment will not tend to improve thechances of the United States in getting what she is asking.

Tn the course of the inquiry into the loss of the TitanicLord Mersey threw out a suggestion that the desirability ofusing compressed air on board a ship in the event of abreachbeing made in the vessel's side, as the result of collision,might form the subiect of investigation. The hint has notbeen ignored, and- the Departmental Committee appointedlv the President of the Board of Trade to advise on thewatertight sub-division of ali classes of merchant vessels isnow giving attention to the system, which has frequentlybeen émployed with suceess in salvage operations. Theprincipie is .extremely simule, though, in the case of^emer-gency in mid-ocean, its adoption might not be practicable.Ali that is necessarv is to locate the damage, close the com-nartment as tigbtly as possible, and pump air in, the waterb this means being expelled down to the levei of the leak.Among many instances of the use of compressed air for re-floating stranded ships the case of the Atlantic transportliner Minnebaba is one of the most notable. She had goneon the rocks. and it was found impossible to effect repairsas the vessel lay. It was therefore decided to employ themethod in question, as a result of which she was -floatedfrom a dangerous position, and proceded under her ownsteam to dock at Southampton. She had no patches onthe great rents in ber, and nothing but the compressed airwas used to keep the water out.

Mail advices from the States announce that the lateJohn Arbuckle's marine property, consisting of six vesselsand wrecking apparatus émployed by him in the pursuit ofhis ship-raising avocation, were recently sold. The sixvessels included the Rooseveldt, Peary's last Arctic ex-

loration steamer, which took him on the expedition whenhe reached tbeNorth Pole, and which Mr. Arbuckle boughtowine. to her staunch build for his vessel-raising operations.The total nroceeds of the sale were only $78,850. and it isestimated that the purchase and fitting out of the Roose-veldt alone cost nearly this amount.

On Thursdáv last a cable to the «Jornal do Commercio»from Ijondon stated tbat several of the evening papers ofthe night before bad been giving glowing accounts of thewrav in which Brazil treats her Indians and speéiâlly refer-ing to the work done by the Agricultural Department inthis direction. Doubtless this sudden reporting of Brazilianmethods of dealing with her Indians is not wholly-uncon-nected with the Putumayo question which is at presentexercising the British and other Foreign Offices. The De-nartment for the Protection of the Indians was establishedby Decree No. 8072 of June 20th, 1910, and therefore agreat deal cannot yet have been accomplished. In his re-cent Message to Congress the President of the Republic re-ferred to the Departnent ard the work that it is doing andalso to the fact that economy is absolutely necessary, modi-ficatio^s had to be made in the regulations, presumably inthe direction of curtailing the service. Various expedi-tions have already been fitted out cr. d '.ave done good work

Siòptember 3rd, 1912. THÉ BBÀZIXlJrò REVIEW. 1047

while further parties are at present being organised. Theidea is to civilise the Indian and then enga.ge him in manuallabour. and thus to a certain extent solve the labour questionin the interior. As 'a matter of fact only the fringe of tliequestion has as yet been touched, and it'is too early as yo.tto. mete out unstinted praise to the Govern ment for workwhich is yet to do. When the vastness of Brazil is con-sidered and the difficulties of communication in the interiorar.<i» taken into consideration, it cannot be expected that veryfar reaching results should have as yet beeji obtained. Thisbeing the case jt must be said that so far as can be seenthese telegrams can have no very great bearing on the Putu-rnayo question. As -we have said before, Brazil can heinbest by bringing a certain amount of friendly pressure onPeru to set her house in order and thus be contributing tothe good work in which ali are anxious to co-operate.

One used to be told as a ehild that a square foot oí landin the City of London could not be bought for ali thesovereigrs that could be laid flat upon it. A few years agohouse property in Rio was not exactly cheap, but it was notat any rate exorbitant in price. To-day, however, whatwith ali the improvements ard development of the City, theprice of house property and of building sites has risenenormously. Land out at Copocabana, Leme, and Ipanemawhich could have been bought for a song five years ago isnow worth a fortune. So greatly has the cost of buildingsites risen ali over the city that some people are alreadytalking of building sky-scrapers ! The fact of the matter ísthat in a few years there will not be many sites on which itwill be easy to build, for the formation of the ground, nearthe busy parts of the city at any rate, does not make foreasy building conditions. Th ie are rocks and hills, thereare streams, and last, but not least, there is the sea to re-strict the available área. So far statistics are not forth-coming for the value of property sold during the year 1911,but the figures fer the three preceding years were as foi-lows: 1908, Rs. 23.306:892$276; 1909, Rs. 23.56? :318$356;and 1910, Rs. 30.811:361$181. It will thus be seen thatthe value rose to over £2,000,000 in 1910, and it is likelythat the figures for 1911 were still larger. The monthswhen most property changed hands are May, July, Augustand October, while the largest sales are in the Candelária,Gloria, and Lagoa districts.

Things are always changing in lhe Navy, andnews now comes from England to the effect that the Kinghas approved of the appointment of a Royal Commission toinvestigate and report on the supply of oil fnel for the Navy.Thè terms of the reference are as follows:—«To report onthe means of supnlv and storage of liquid fnel in peace andwar" and its application to warship ergines, whether in-directly or by internai combustiòn.» Ff it is found thatoil is better and more economical than coal we shall haveanother revolution in building designs ard presumably anew. set of Dreadnóughts.

It is reported from Hamburg that the German Austra-lian Steamship Company, which has already allowed someof its Australian liners to make experimental calls at Emdenior cargo, now intends to include that port in its regularprogramme. In addition to the new regular service fromEmden of the North American steamers of the Hamburg-American Line and North German Lloyd, these companieshave engaged' to send their South American, East As^atic,and Australian steamers to the Prussian port.

It is proposed to open a Hygienic Museum shortly mthe building of the Yellow Fever Prophylactic Service, rheidea was initiated by Dr. Carlos Seidl, Director General oiPublic Health, and has been carried out by Dr. SampaioVianna, Chief of the Demographic Section of the HealthDepartment, and Dr. Alberto Cunha, Director of the YellowFever Prophylactic Service. The material sent to thevarious foreign exhibitions will be deposited permanently inthe Museum as also that which figured at the National Ex-hibition of 1908. The Museum should be of the greatestvalue to students and will also be of interest to the generalpublic. In no country in the World has so fierce or so sue-cessful a fight been waged against yellow fever as in Braziland as a natural result the records relating to the campaignand the weapons used should be of the greatest value andinterest.

_ .lhe new notes which have been despatched from NèwiYork on te s s. fennyson Irom tlie American. Bank„ Note(. omnany Ior the Caixa de Amortisação are enclosed in threecases contaimng 100,000 inconvertible notes of Rs. f>$000each. There are now in circulation some of the Rs 10$000blue convertible notes of Italian manufacture. We arebound to say of them, as we said of their predecessors of atíorange-tawny bue and denomination of 50$000, that theycertamly are not attractive or so artistic as those whíclí wéare aecustomod to see turned out bv the Americah BaniNofce Company, though we believe that they are difficulrtÒíorge. .1 his, however, is also a characteristic of the notesot the American Company. •-,/..•<i if i-üii

Now that we are to have a «National Theatre» underthe auspices of the ^Municipality, it is stated that a piece iaalready in rehearsal, nariielv, «Não Matarás», by DomiaJuha Lopes da Almeida. The choice of plays is being un-dertaken by a jury of the Academy of Letters and thégeneral opinion is that the choice in this case is welldeserved. Presumably the - lay will be produced with ácomplete cast of Brazilian artistes at the Municipal Theatreiu the course of a few weeks. If anything can rouse Flumí-nenses to become a theatre-going community surely it willbe a National Theatre where they can encourage localtalent. In England the encouragement of local talent isusually very lukewarm and leads to empty houses 'andgeneral discomfoit ali round. Perhaps that is rather thecharacteristic of the Anglo Saxon, while the art of encourág-ing local reniuses may tlirive better in Latin soil. Nousverrons.

The tilbury in Rio is going the way of the hansom inLondon. Both are being pushed out by the taxi. The.iiL-bury a few years ago was the «gondola of Rio», to use anhrase which is the bete noire of. logicians.. The actualconveyance itself was, we believe, named after a certain.Captain Tilbury of the Guards, whose chief claim to iamewas that he màrried Miss Lydia Thompson, at onetime oneof the best known acfcresses in London. Apparently thevehicle was suited to the needs of Fluminenses, then aceus-tomed to cobble stones and occasional floods-when the waterrose in the streets to the horses' girths. The advent-of themotor car, however, has sounded the knell of the t:l buryand many of those no longer wanted here were sent up toPetropolis, whence again they aie gradually being drivehout b- the motor car and taxi. In 1908 there were 172 -til-buries still left in Rio, in 1909 there were 64, while in 1910they dropped out of the official statistics altogether. Onemay be seen here or there now looking very forlorn, but itis a question of Ichabod. Once or twice a few have ven-tured forth to earn a preposterous wage when there has beena flood and motors and trams have ceased to run, but of latethey have not even had this opportunity, possibly becatrèewe have had so little rain, while probably by the time therain comes there will be no tilburies left. We must confessthat the vehicle never appealed to us. To sit cheek by jowlwith the driver was not always an unmixed delight, whileif the horse went down one was morally bound to find one-self suddenly entangled in the animal's ears. There was,no room for anything but the smallest handbag after ;.youand the driver were in, so that altogether it was for practicalpurposes one of the most useless of conveyances. ProbablyCaptain Tilbury cut a great dash in the Row when ;be-fi-rstdrove his new carriage there, but why his inventiõri wasever followed up is not quite clear. We have grown more :lpractical since then, so exit the tilbury !

That education in tliis Cantai still leaves something tobe desired is demonstrated by the fact that while .Rio lias apopulation of, roughly speaking, one million inhabitants^ ofthis number 25 per.cent. are stated to be illiteratè chüdrenand 34 per cent. illiteratè adults. This makes a totalilliteratè population. amounting to no less than 60 per; cent.;of the. population. For the education of these 700,000people there are 352 schools. Taking the average ofscholars per school at 100> there would still be left 3OT,{X)Çpeople unprovided with tlie means of education. .. AnòíhèVpoint is of interest and that is that of the 352 schòõls, 7'8'arèfor males. We shall be on the high road to female suffrágeif things go on at this rate! In the meantime, however, it*is evident that the problem of education is one that must betaken in hand,. with greater seriousness than ever before1, jand that a solution must be found without delay if Rio isto

-¦ ¦' ' ;. ¦¦,

'¦.¦: '.

;.\yiA

1048 THE BRAZILIAN BEVIEW. September Srd, 1912.1¦

hold her place amongst the capitais oí the World ascentre oí culture and oí advanced civilisation.

The Third Assistant Delegate has now presented his

report on the case oí the 1,400 contos. He has come to the

astute conclusion that the author oí the robbery was BarataRibeiro, the first officer oí the Lloyd Brasil-eiro s.s. Sirio, while his accomplices were

José Manoel de Souza and . Celestino Simões.Thè Delegate is oi opinion that the robbery did not take

place on board the s.s. Saturno, as has generally been be-lieved, but in the Treasury oí the Lloyd Brasileiro itseii,the exchange oi the boxes iiaving taken place on April Llthbetween the hours oí ü and 7 a.m. The finding oí the Dele-

gate summed up amounts to this:—That the robbery oí tne1,400 contos was eííected by three men, each of whom took400 contos, while the remaining 'z00 contos were paid outand used in the execution oí the scheme oí robbery. lhisis ali very well, but the next thing is to find the money, íordut of the whole swag apparently only some 300 contos hasactually been paid back to the Treasury. We suppose itis another case oí «paciência.»

A total eclipse oí the sun will occur on November 12thnext, but it will not be visible in Rio. It will, however, bevisible in various parts oí the States of Rio de Janeiro, SaoPaulo, Minas Geraes, and Goyaz. A great many distin-

guished scièntists will be visiting Brazil íor the purpose oíobserving the eclipse and amongst others is a commissionfrom Greenwich Observatory. This will consist oí Messrs.Eddiugton, Assistant Chiei oí the Observatory; Worthing-ton, Davidson, and Atkinson. Mauy other commissionsâre expected, including those írom Geneva, Washington,Cordoba (Argentina), and Santiago (Chile). These commis-sions will view the eclipse at 1'assa Quatro, in the State ofMinas, some 7 hours by train írom Rio, and they will beaccompanied by Dr. Morize, Director of the National Ob-ser v ator y.

On Sunday, August 25th, the Army and Navy ceie-brated the anniversary oí the birthday of the Duque deCaxias. At six in the morning the reveille was sounded athis statue in the garden oí the Largo do Machado, while atmid-day thé President oí the Hepublic, attended by theMinisters oí War and Marine, and by his Military House-hold, proceeded to the same place and saluted the statue.At the same time ali the troops and sailors stood to attentionand the íorts fired a salute. The Duque de Caxias was one

,qf the heroes oí the Paraguayan War, while later he turnedhis attention to politics aud was Prime Minister when theEmperor Dom Pedro made bis first voyage to Europe. Laterhe retired to the fazenda of Santa Monica, where he diedfull of years and of honours, on May 7th, 1880

. According to a cable írom Rome, the number of emi-grants leaving Italy during the month of July for Argentinawas 1,009, and íor Brazil 1,692, as against 3,363 íor Argen-tina and 907 íor Brazil in the same month last year. Thenumber oí repatriations írom ArgLiitina was 6,881 and fromBrazil 1,115, as against 5,613 and 948 respectively last year.During the first seven months of the eurrent year the num-

¦ ber of emigrants leaving Italy íor Argentina was 7,268 and•for Brazil 13,282, while the number of reptriations duringthe said period was 29,377 írom Argentina and 5,659 fromBrazil.

m :

A telegram írom Lisbon states that 100 monarchists,who were being deported to África on the s.s. Malange,when not far from Madeira mutined, and seizing two of thegüfis on board reduced the captain and crew to subjection.¦They then set their course for Brazil, but unfortunately forthemselves fell in the next morning with the Portugueseicruiser Beira, which, seeing that there was somethingwrong, sent a boarding party under cover of her guns. Theboarding party soon overcame the resistance of themutineers and recaptured the vessel.

•á ,,'The trouble on the other side of the Bay amongst someof the Leopoldina workmen ceased as suddenly as it began.The men returned to work without any coercion on the 26th

¦lUlt. From this it is fairly obvious that the strike was en-

gineered by parties who had their own interests and _ notthose of the men in mind. The men have really suíferedfrom listening to the charming of these interfering people,as thé Company was obliged during the strike to engageother men, so that some of the original labourers now findthemselves without a job. It is a hard lesson no doubt, butone which it is to be hoped will be taken to heart not onlyby those who are the actual sufferers, but by those who maydt some future time be incli.ned to listen to the wiles of theagitator. ,-., •; . , •

A project has been presented to Congress providing forthe creation oí the post oí Sub-Secretary of State for Edu-cation and Medicine, on the same lines as the Sub-Secretary-ship oí Foreign Affairs.

The Minister of Agriculture has approved the plans forthe construction of a new building for the National Obser-vatory. The work will be commenced 3) days after thepublication of the result of the call íor tenders, which is tobe issued shortly in the Diário Official. The new Observa-torv is to be installed on the Morro de São Januário, whichwill be a much more convenient site than that occupied atpresent.

It appears that the days oi miracles are not yet over.A íew days ago the Editor of the «Jornal do Commercio»received a visit from the Superior of the Capuchin Monksin Rio, whose monastery is situated on the Morro de Cas-tello, who informed him that a blind girl wTho had been sentfrom Rio to Lourdes in the company of two ladies, hadreceived her sight immediately on finishing her prayer atthe shrine. The girl has drawn up a document declaringthis to be a true fact.

A project has been presented to Congressproviding for the erèction of a Statue toMarshal Deodoro da Fonseca, first President ofthe Republic. The project proposes that the statueshall be erected in one of the principal squares oi the Cityand that tenders for the same shall be called íor both athorne and abroad, the decision to be made by a committeeconsisting of two national artists and two foieign artists,with the President of the Club de Engenharia in the chair.It is further proposed that a vote of Rs. 1.500:000$000(£100,000) shall be set aside and spread over three years'budgets. The idea is well enough, but in these days whenstrict economy is the order of the day, probably the Marshalhimself, were he alive, would much rather that the moneyshould be applied to reducing the groaning budgetarydeficits oi the country.

' A Federal Decree oí August 21st grants exequatur toMr. K. Wilson Sefton as British Cônsul at Porto Alegre,with jurisdiction throughout the whole Northern part of theState of Rio Grande do Sul and to Mr. Edward James Wiggas British Cônsul at the Gitv of Rio Grande, with jurisdic-tion throughout the whole of the Southern part of the sameState.

Amongst the passengers leaving for Europe by the. s.s.Hollandia on Thursday last was Mrs. Colban, wife oí theNorwegian Charge d'Affaires. ,. a .¦ 7

Sr. Alipio de Miranda Ribeiro, Inspector of theFisheries Department, has communicated to the JDress thefact that in accordance with Decree No. 9672 of July 17th,1912, the Inspector of Fisheries Department has been in-stalled at Rua Vieira Souto No?"132, Ipanema. The "object

of the Department is to stud and spread knowledge pf thenatural resources of Brazilian waters, to develòpc theseresources and to make the utmost possible use of them. „,,

According to a cable from London the CommereialBank of Odessa is about to establish a line of steamshipsbetween the Black Sea ports and South .America. Dúrinêthe present week the s.s. Salacia will sail for, Rio deJaneiro, Santos, Montevideo, and Buenos Aires, thus in-augurating the new service. %?'$

; ¦

¦

7 V Aí¦ * J: "M

September 3rd, 1912. THE BRAZILIAN HEVIEW. 104^

Once more: Sweet are the uses of advertisement. Thusour contemporary, the «Jornal do Commercio»:

Skating-Bink—Roller skating, , - daily at theParque fluminense, from 6 p. m. till midnightLunday Alternoons, from p. m. ouwards Music inthe evenings.

The moonday night its iron the englechmanto like that sport. He have musie a^d otherravitres.

The following very iüteiesiing statisties ate issued bythe United States Bureau oi Immigration:—For the yearended June 30, 1912, oí the 838,172 immigrants arriving inthis country, 166,445 carne írom Italy. During the pasteleven years, out of a total immigration oi j.0,044,;_27,2,318,797 carne írom Italy, and oi this number, 1,941 884carne from what is designated as bouthern Italy. ,N0 othercountry cu.ring this period approached Italy in the numberof imn igrants sent nere. During the year just closedPolish immigrants numbered 8ó,163; German, 05 343-English, *9,b89; Jlebiews, 80,595; and Irish/ 23,922.

' Théhign water mark in immigration was attained in 190/, vviien1,285,349 immigrants reached this country. iáincê 18>0

(first oíficial figures) up to July 1912, 29,611,052 immigrantshave settled m this country. We have now a populat on inexcess oi t/0,u00,0ü0, which would mdicate in Lhe periodmentioned, immigration has equalled one-third of our pre-sent. population. Oi the 838,172 immigrants arriving in1912, l±,68o are classed as professionais, 127,016 as skilledand ±68,401 as miscellaneous. In the miscellaneous classare 183,465 .tarai labourers; i35,o36 labourers; and 116,229servants. The women and chiidren arriving with no oceu-pation are given as 251,070. New York State continues tolead as absorbing the largest number oí immigrants, 239,2/5being credited to that state oi those arriving in 1912 • Penn-sylvania, 109,479; Massachusetts, 70,171; Illinois, 67,118;Aiichigan, 33,559; and Califórnia, 28,807. Texas,'with22,885 immigrants, leads the southern states, to which as arule, immigration continues light.

ARRIVALS AND DEPARTURES.

Arrivals.

By the s.s. Vauban from Buenos Aires on August 27th—Mr. and Mrs. W. Hughes, Mr. and Mrs. G. Handley,W. Lambert. •'By the s.s. Oriana from Liverpool on August 27th—J. Wilkinson, Major Woods, J. Plunkett, J. N. Davis, W.Marshall, H. W. Newcamp, H. Simonsen.

Departures.

r. tt?^ tiie s,s- ¦Plata for Buenos Aires on August 27th—J.1. Wileman.By the s.s. Vauban for Southampton on August 27th—W. Molyneux and family, L. Sharp, Miss E. Simon.By the s.s. Highland Corrie íor London on August 28th—J. Stock and family, W. G. Coverley, W..J. Cook.By the s.s. Oriana for Callao on August 28th—JGlossop, F. G. Souter, Mr. and Mrs. R. Kennard, W. H.Richard, Mr. and Mrs. H. W. Maine, Mr. and Mrs. J SEwart R. H. MacFie, C. H. Weynard, C. Mullen, A. Dotyi¦&> G. Huyett.By the s.s. Orita for Liverpool on August 28th—J. P.W. Reeves, P. Daniel.By the s.s. Hollandia for Amsterdam on August 29th—Mrs. $,. Colban, F. A. Caroville.

Britteh and Colonial Stamps.—Good value. Mint andused. vPirg> bl<>ci-.s at prices of singles. Advantageousoffer Íor re-selling at good profit. Will buy small specialisedeollections. Bank or Commereial references required andgiven. Newfoundland, Guy set, seven shillings, exceptingNo. 100.—Address, «W.», Teresette, West Hill Road,.ppurnemouth, England.

Teiegram from London. Spo.t quotation on August 30íor hne hard 1 ara was 5s. 2d., as against 5s. 2d. on August2à, and Os. on August lüth.

Stock of Rubber. According to the figures given. atflast weeiv s oabiueü lYxeetmg, uie stock oi ítuboer a. ±'aráon August 24th was 1,461 tons, and at Manáos 105 tens, atotal oi ±,oü6 uons. ^ompaLed with August l/.th, there isa üecrease oi 494 tons at laia, und an increase oi uu t^ns atiuanaos On August abbh, 1911, stock ao rara and iVianáosuas d,i87 tons, or 1,621 tons more than on the same date'mis year. ¦

lhe world s visible supply oí rubber, including Caucho,as on the lst August, is given as õ,_05 tons, while the spotnriçe oi fine hard was 4s. 10 i/2d., which compares-with'b,4bü tons and 4s. 8d. per pound at the corresponding datelast year. Gomg back to the boom year oí 1910, the supplvon August 1 was 3,572 tons, and the price 9s. ld. per poundUndoubtedly every eílort has been made to bring rubbeidown to the ports m Urazil, as íor the month of July the re-ceipts at raia amounted to ±,9±0 tons, against 1,420 ntonsin üuly iast year.

Malayan Produetion. The fact that the actual exportsírom the Malayan Península only amounted in 1911'' to23,400,000 pounds, is attributed to the drought oi the springT^a

an1d t0 the íact t0 a Sreat extent the plantationsoí 1906 and 1907 were neglected in 1908 and ±909, theiriuture yield being thus aiiected. ' •'TEstimates for the years 1912 to 1916 are ':'¦ •a

Planted Tapped Estimated yieldini1 (Acres). (Acres). (Pounds).1911 ¦••• 500,000 215,000 30,162,000-

ÍSÍ2 500,000 263,000 45,587,000

]*]* ••• 500,000 324,000 64,192;OÓ0-

ÍSíf 500>0W 437,000 86,712>00ô;.J™ 500,000 500,000 111,037,0001?1916 • ¦• 500,000 500,000 ,, 133,083,000)í

• " •"¦-":¦¦. y.i\

These figures, it will be understood, take no accoiijatoí the yield írom plantings of 1912 and later years." Thafcírom the acreage actually planted, the market will in 1$LÒhave to absorb 133 million pounds, as compared with%milhou pounds in 1911, is a tact to be kept in view whenestimatmg future prospects. a. *;i,yk-

. n¦ ... Í:\MÍ'South American Trade ín Rubber Goods. From t&views expressed in a recent article by the «Gummi Zei-tung», the progress made by Germany in South Americai.markets, is a largely due to the active efforts of the largèHamburg export houses. The German rubber industày

profits by the generally good reputation of German 7gopd».To use the words of the journal itself: íj

«England is an important competitor ,in Souà|America. The most important competitor with'whiatthe German rubber industry will have, and,1 infá^,now has to reckon, is, however, the American.rubblrmdustry. . J j^.^t

«While. ali that the United States is now.; doingin South America is more or less of an occasionàl ch||-acter * * * this competition will very soon increaip;* * * The American industry is in many casei.better situated as to delivery than that of Gérmariê.* * t It can usè in a remarkable manner the existinfcsteam Communications between the southern porteof the United States and Venezuela, Brazil, ètcví; W.Brazil, it is added, offers the most extensivo po^!|-sibilities, notably as to furnishing the rubber parts used {inthe construction of màchinery, now being largely produ^din that country. Automobile tyres meet with a good ahdregular sale in Brazil, the same remark applying to ÁV-

gentina, Uruguay a.nd Chile. i_ steady demand -li__|w^'.a^:m.

> i

íâ

::•¦/¦

¦¦*:

1050 THE BRAZILIAN REVIEW. September 3rd, WÍÜ:

exists in ali these countries for solid motor-truck tyres.

Winlporfcs of motor vêhicles by South Amenpan countries

nofcably increased last year.

The «Índia fMbber Journal», under date of July 25,

brings the following:%The Brazilian market mamtains, a

v Sòng position, and values are high compared with

plantations. It is not often one sees spot hard tne rubber

making the same price as first látex plantation Such a.«•«lationship of values can hardly be maintaincd for long.

The advantage to manufacturers must be overwhelmmgiy•in favour of plantations. The effect must be to narrowthe use of Bràzilians and increase that of plantations.Moreover, it will bring the use of plantations more forciblyunder tlie notice of many conservative firais who still are

true to the old allegiance.In the ordinary way such irregularity of value could

'not evist. Brazilian kinds still aggregate a heavy proportionIn'spite of predictions made only two years ago that they'would

be completely outbalanced in the world's supply.fhe"underlying cause, however, is the fact that stocks

Ve held in few hands. Imports this last season show an'.overwhelming

proportion in one direction only, and one"ia not far wrong in saving that two interests only control

-the stock situation to-day. This tends to make a veryrestricted market. and there is the possihility of a false

position being created—too restricted business means lost

ground and a demand which will cease ali too suddenly'-once a turning point has been the reached.

The feature in the plantation market has been the, large- business done in covering next year's requirements.

Jt is ¦hazardous to guess what proportion of the whole of-next year's produetion of high grade contract descriptionshas thus been sold. It must be quite a serious proportion.This taking care of next year's requirements is becommgmore and more a feature of the trade—and this spreading¦out .of'manufacturers' risks amongst the planting companiesmust. make for an even trend in market values. A rnanu-faMújw-well bought ahéad is in a much better position toreais* any sudden rise in the value of spot rubber.

i ÜE LEOPGLDÍísA RAILWAY COMPANYesTJM^reo weekly traffic receifts

ãeuBipto for Week,' Touu írcii.Year. VVeekEudeil; -

ZZ "

cT-h ;,,.', l_uu„rv

1*12 24tu Aug. 514:000$ «ti 3/3-? ±'34.407 , i»74.ÜW

1911 26th »» *W\*m l6 '/8 ~ 31.011 ± 802.144

t_m.nni * - i.' 2.956 4. 171.805

Decrease.... — — •• ¦ Ubí. —. -

The President of the Bepublic has signed a decreeauthorising the Minister of Public Works to open a crédit oflis. 500:000$000 for expenses ccnnected with the con-struction of the Sabará to Ferros branch of the Central ofBrazil Eailway and another of Es. 1.400:000$000 for ex-penses connected with the widemng of thegauge of. the Central of Brazil Eailway to Bello Horizonte,via the valley of the Paraopeba.

There seems to be a regular scare in London over theSão Paulo Eailway shares in consequence of the rumour thatthe Soròcabanà is about to build a line from Mayrink toSantos As the whole question türns on the attitude of theBrazil Eailway, which is after ali the Sorocabana-cum-Mogy-ana-cum-Paulista-cum-about another round dozen of l"ies,it looks very much as though the negotiations for the ab-sorbtion of the São Paulo Eailway by this gigantic concernhave for the moment had-a set-back, and that the S.P.K.will find itself frozen out unless it comes into the combine.The shares are now falling heavily and the opportunity ofthe B.E.C. may come when they are lcw enough and. theend be reached without the firing of a shot. In any case it

lfi!SS".'.£5-^.£ '¦¦' *»—£~-^_£^~=g_^-- . ->—-—-—->-—•-

- ii r' li" _i — — —*i,i._, ¦ , i«i»>»"»;'3)^^__*^^^^-^^"-^^"^^ -

44 PYRENE^ixfcr.^v.^^KJ"'^^"**^'-^*^^^

$ '•*p*í>>%$

St'.'«.r,ií.«.vjB.~ti,í

ÍUIKGUISHER JCHWlCílf.*u*-«rQN COurtTBlf.', Upvjwpf

-T ¦ 7 -—-;- -J«

QÊPEKiVtf(tftote to]

SpKE A Vt$

The only fire extinguisher known which

will extinguish iticipient fires of any des-

cription, including- électrical, carbide and

gasolme.PYRENE has be^n adopted by and is

now installed in the

Fire Department of Rio de Janeiro.., São Paulo.

jfflm*

Lisrht5 ?

and Power 1 5

5 5

t© ,;.¦--"¦ '¦'síJfviii

Messrs. Guinle& Co.Military Hospital

,, CollegeAssistência Publica

)'

i i

Rio de Janeiro.São Paulo.Rio & Bahia.Rio de Janeiro.

? ? ¦> ?

5 5 '5 V etc. etc.

At every point in your factory whereli ames are likely to break out, place aPYRENE Fire Exting-uisher.

Itwill smother any incipient fire, nomat-ter what its orig-in or environment. Dòn'tstand helplessly by after the flanies are dis-covered. USE YOUR WITS anda PY-RENE Extinguisher.

PYRENE is a eombination of powerfulg-ases in liquid form which when subjectedto a temperature of 200 degrees or above,is instantly transformed into a heavy, dry,cohering-, non-poisonous gas blanket.

This simply separates the flame from the

burning- substance by LIFTING OFF

THE FE AMES. It is the most efficientextinguisher for handling fires in gasoline,oils, acetylene and ali other highly inflam-able materiais. Being a non-conduetorit can be used • with absolute safety onélectrical fires.

DEPOSITÁRIOS A. CAMPOS & C.IACASA STANDARD

93, RUA DO OUVIDOS N. 95 - Rio de JaneiroCaixa Postal, 326 — Telephone, 3344 == Tel. add. "Standard"

Sole Agent for São Paulo Byi/NGTO/N & Co. Rua Comrnercio, 4

September 3rd, 1912. THE BRAZILIAN BEVIEW. \mis difficult to see how the São Paulo can hold out for ever.Once upon a time it. held the whole thing in the hollow of itshand and but for the shortsighted policy of the people athpme,,might to-day be dictating terms instead of beingforced gradually into a corner. The Mogyana, the Paulistaand the Sorocabana were ali ripe for the plucking years a<*o,but.it was left for the energetic American, who sees clearlvand who acts on his opinion at once, to see this and take hischances, while the Englishmen hung back and feared toventure. The same story is true not only in São Paulo butin otber parts of Brazil, and if England'is to hold her ownand forge ahead, as she should, she must, as her presentKing has told her, «Wake up !»

Oídlew $mmCia. Santista de Bordades. This Santos company isincreasing its capital to Rs. 500:000$000.

Cia. Melhoramentos de S. Caetano. This company isbeing organised in São • Paulo with a capital of Rs850:OOO$OOO. The object of the company fs to erect £dlease workmen s dwellings in the capital and elsewhere.

Le Credit Forcier du Brésil has requested the Ministeroi Fmance to approve the new statutes of the Company bywhich its capital is raised to frcs. 50,000,000 and its namechanged to «Credit Foncier du Brésil et 1 Amerique du Sud »

The United Brazilian Syndicate, Limited. By Decreep664of juiy ioth, 191?, iust published in the official

gazette this concern is authorised to operate in the Repub-%k Sn

c?mPan/ is domiciled in England and the capitalis £5 000 divided mto 5,000 shares of £1 each, and theobiect is to obtain contracts in Brazil for the execution ofevery description of engineering work.

The British and Brazilian Trading Company, Limited.According tó a cable from London, this company has beenregistered at Somerset House with a capital of £50,000 Theobiect of the concern is to treat of the interests of manufac-turers, exporters and importers, and to deal in land andarrange concessions.

Empreza Autoviaria Paulista. This company, regis-tered in São Paulo, is issüing a loan of Rs. 2.000 :000$000 ih8 ner cent. debentures to be amõrtised in 25 yèárs. Theobiect of the loan is the construction of the first section ofan automobile road between the City of São Paulo and theCity ot Santos. The original route chosen for the road hasbeen altered and it is hoped that when it is completed itwill only take an hour to get from Santos to São Paulo'

m %% U41HH.P1 —^ skiwtte

¦:<D

The Brazil Great Southern Railway. For 1911 thegross revenue of this Company was £28,649, while expendi-ture was £26,468. After paying ali debenture and othercharges, there is a déficit of £185 on the year's working.The Company holds a balance of £21,195.

The Port of Pará Co. Net revenue of this Company in1911 amounted to £219,410, while during the first half ofthe year 1912 there is an increase in revenue as comparedwith the same period of 1911 of £19,172. As the Company]s now in full working order receipts may be counted on tomcrease.

As regards the Madeira Mamoré Railway, of the shares01 which the Port of Pará holds half and the Brazil Railway, ormn,nv ^le other half, there was an increase in revenueJuring the first- auarter of the vear of £57,759, and duringthe second quarter of.J4^,933. .The business of the Port of Pará Company will begreatly augmented bv the promised increased shipping ser-V1ces onühe Amazon. L

The Brazil Railway Company. A telegram from Lon-don states that the net revenue of the Company for 191?Lwas 1,357,663 dollars. After distributing a dividend of 6.per cent. to the preference shareholders, a sum of 952,416:dollars is placed to reserve, while a sum of 1,091,270 dollarsîs carried forward to the eurrent year.With regard to construction

"work, the report says that

the line from Itaiaz to Campinas will be completed at theend of the eurrent year, while the line from Serrinha toRestinga Secca is nearly completed. The line from RioNegro to Ties Barras will be opened to traffic before theend of the year. When the S. Francisco to Rio ParanáIme is more advanced, labourers will he transferred to thecommencement of work on the Jaguarianyva to SaltoGrande line.

The policy of the company is to develope SouthernBrazil in order to increase its traffic. The pasture la-d to.be served is unrivalled and the Companv is interested in the,increase of timber exports. Altogether the future of thisgigantic undertaking is most promising. 'ZZ\

lmk%/ir

" Wúprí-ã.,..r;.,;.;7

""'"" ii'.'.'.

Rio Customs Revenue for August amounted'to Rs.4.019:901$610 gold and Rs. 6.604:306$596 paper, ecluiva-I-ent to £856,525, as against £747,014 íor the same: motitfiilast year, an increase of £109,511. .-.-¦ _¦W¦--.¦:

. -J V.

Municipal Revenue. Municipal Revenue for the mòirehhof July amounted to 3.655 :847$760, including a balance óf'695:515$770 brought forward from June. Expend;tureduring July amounted to 2.Ô34 :268$307, a$fè,. a sum*' of1.021:579$453 is carried forward to August

The Trouble at Pará. Though rows any where are.un-r".pleasant, the disturbances in the North are not really affeot-^"mg Brazil as a whole to any great extent. Dr. Lauro Sp#r<f;was shot at in the streets, newspaper offices have cbéeií"burned down, while many people have been killed , and.,,wounded in the city. As we go to press it appears .that'1things are quieter and it is to be honed for the credit oí-t.j^country that a normal situation will shortly be réstoréÚ.'"' *'

The Swiss Bankverein. The boards of directors of the7Swiss Bankverein and the Banaue d'Escompte,et de Depots],ALausanne, have, subject to ratification by general meetingS ôf shareholders, concluded an agreement providing for theabsorption by the Swiss Bankverein of the Banque d'Es-,compte et de Depots, of Lausanne, as from January lst,'1912. The exchange of shares will take place on the basisof seven shares of the Swiss Bankverein for eight shares 4$.ithe Banque d'Escompte et de Depots, both ranking forihé êurrent year's dividend. The greater part of ,the 8,75& "Swiss Bankverein shares (4,375,000f.) required for \lfis-èx-change have been placed at the Swiss Bankverein 's disposal^by another banking. institution with . which it standsi-n^friendly relations, and the balance by other holders. The-new absorption will not therefore in volve an increase ;of the-Swiss Bankverein's share capital, which will remain at ^82,000,000 (£3,280,000). The Banque d'Escomptc.et deDepots will be transformed into a branch office of the SwissBankverein at Lausanne. 7|;

The Banque d'Escompte et de Depots, Lausanne, was'established in 1890. The balance sheet per December 31;7.19.11, showed share capital 5,000,000f., reserves 1,419,2071:/eurrent accounts, fixed deposits, etc, 14,163,120f. Diyv-Í,dends at the rate of 7 per cent. per annum have been paidVfor 1910 and 1911. \

O Si Sic Omhes! The report of the Treasurer of theFederated Malay States for the year 1911 contains further^-evidence of the expansion of trade in the Malay PehirisuM;;.and of the prosperous condition of the four States embracedlin the Federation. Since 1873, when British òfficials firâ|undertook the control of the Administration, there has beenta steady advance in the prosperity of the country. In fewíiyears has the expenditure exceeded the revenue, with thè;},result that: the Federation has now a substantial balance"1!!^hand, part of it represented by advances to neighbouririg7;States for railway construction and other remunerativéfpublic works. .; ¦".'"

A "

':;!

-m

.: . ¦¦¦

1052 THE BRAZILIAN BEVIEW. September 8rd, 1912.

• •¦*¦¦: During the past year tlie revenue exceeded ali previousrecords, the period closing with a surplus revenue over ex-

penditure of (.'1,110,610. The income amounted to£4,080,080 and the expenditure to £2,940,320, and m thisconnection the following comparative table is interesting:

18901Õ951000190;")19091910

Eevenue. Expenditure£836,928 £905,612901,107 805,016-

1.593,501 1,299,4122.171,349 2,139,8842,945,467 2,757,2823,097,852 2,753,171

1911 1,089.980 2,940,320

Eeceipts from tin in 1911 accounted for 25.5 per cent.of the total revenue, excise and licenses 27.7 per cent., andrailway receipts 20.3 per cent. As in past years, the prih-cmal item of revenue was tin, which yielded £1,027,076from an export duty, in which form it may be said that arovaltv on this mineral is ievied. The other Custom dutiesamounted to £292,794, of which the export duty on rubber

produced £116,560. Other principal sources of revenuewere land revenue and sales, railways, and excise duty. Therailways show a profit for the year of £380,855.

The Budget had been drawn up to show a déficit of£364,000, whereas there was an actual balance of over£1,000,000 sterling; Out of the total expenditure of£2,940,320, a sum of £1,583,571 was spent on works andbuildings, roads, streets, and bridges, irrigatipn anddrainage works, and railways, half of the expenditure onthe latter being spent on special services and new construo-tion work.

The Panaiüâ Toll Decision. The following is a typiçalLondon opinionrof this monentous decision :—The chiefsubject of discussion in London shipping cirelés has beenthe decision of the United States Senate, by 44 votes to11, to disregard the diplomatie representations made by theBritish Government as tò the interpretation of the clausein ..'the Panamá Bill relieving American ships engaged

in the coastal trade from ali liability for tolls in respect ofthe use of the Canal. This decision means not only thatAmerican vessels plying on the Atlantic and Pacific coastsmay traverse the Canal with view to doing business onthe opposite side of the Continent, but also that any vesselflying the American flag plying between any coasts con-trolled by the United States Government may claim exem-ption from the Panamá Canal dues ; that is to say vesselsengaged in the Atlantic trade may, if they wish, traversethe Canal with a view to reaching the Philipine Islands,which. are under American jurisdiction. This aspect of thesituation has not yet been fully appreciated outside theUnited States, but without doubt the very broad inter-pretation of the term «coastwise», as adopted in America,will dawn upon the intellgence of other countries beforelong. Of course, the last has not yet been heard of thismatter. Further representations will be made by the Bri-tish Government, and there is still a general belief thatthe decision now announced from Washington will beeither revoked or modifíed hereafter. The attitude adoptedby the American Senate is in direct opposition to theterms of the Hay-Pauncefote Treaty, and it is quite impôs-sible that the American Government should endeavour totear up this obligation without reference to the otherparties to the arrangemént. . The position which nowarises is a complicated one. In the first place, it is quiteclear that the authorities at Washington are intent upon afurther effort to revive the mercantile marine of the UnitedStates at the expense of other nations. This endeavouris, however, foredoomed to failure, as its predecessors havebeen, for America cannot hope to build successfully againstother countries, and the attempt to improve the situationby stretching the true interpretation of the word«coastwise»will not help matters. Furthermore, it is highly im-prohable that any vessels will be transferred from foreignflags to that of the United States in order to make use ofthè Canal. In the opinion of experiencedshipping men, the position which now arises is one in whichEnglish shipowners should keep calm, and there is everyprobability that before long the American Govern ment, willrealise that it has made a mistake.

THE BRITISH SUBSCRIPTION LIBRARY.

RUA DO OUVIDOR, No. 105.EUK0PEAN CAPITAL.

(Above Messrs. Clark and Co.'s Store.) Entrance by

Eua Sachet, No. 39.

The Committee have pleasure in informing SubscriberBthat the NEW LIFT is now working from 8-30 a.m. to7 p.m.

The Library is open from 8-30 a.m. to 10 a.m., andfrom 12 noon to 7 p.m.

Brazilian Warrant Co, Ltd.S Pauso Santosmmimmw^mmmmmmmamsmx amas^smmsmmmmmmwm

Public Warehousemen.

Custom House and General Forwarding Agents.

Ali, classes of goods received for- sale on Commission

or for Storage only, aí moderate rates.

i&W:n-.

Tariffs and ali other information to be obtained at.'. .'A'}.: .

thé..above addresses or at the Head Office of

the Company.

8 8 ^reat St. ZXelen'sLONDON, E. C.

Vi,- '•••'

Furnished for attractive enterprises in ali sub-

stantial lines of business.

Railroads, Traction, Water & Electric Power,

Irrig-ation, Timber, Mining- Agricultural & Industrial.

Undertaking-s.

Bond, Debenture and Stock Issues Underwritten,

Purchased or Sold.

Properties purchased for European exploitation

and investment.Financial Undertaking-s of ali sorts handled.

Miscellaneous commissions and orders of every

eharacter accepted for execution in any European

country.

Correspondence enclosing- full details át first

writing- invited

THE INTERNATIONAL BANKERS ALLIANCE

48, Mark Lane, London England.

»"*?•;

September 8rd, 1912. THE BRAZILIAN BEVIEW.

§§0wg gffaáeiQUOTATIONS DURING THE WEEK ENDINO, August 30th, 1912.

AS FOLLOWS

(Complled, by Permission, from the figures given daily ln the«Jornal do Commerolo»).

ca2'5EO

5.3

HJO£ AVdfJir. O)

CO

o»

CO

oosoeo

OiOcô

oto05

CO <o

oo

*WI •o o»IO

(Oos <o¦o

(O¦o

<ootiatoosIO

ffiNos cam io

ríJiiqui«H eo toeo col-

COCO

«oB cc eo

SUBJ ¦3coos•o

COosus

o.•o OS

IO O»IO Ss

uopnoi

Oí c»IO IO

s sCO

IO

eotous

CO

eoIO

8 SCO

•oCO co co

IO w

m-Oco»

i)jnqiHC{[ s? oeci>-

oCO 8 CO

ooCOCOI- o

«!*««.Ul —<

I»o»IO 3S

¦O OSIO

OS.o os Os OS 3)-. lO

uopuo_* «! S

' s s sco

CO

o»CO CO CO CO co to

1

E *s *"s cS i

a —03 _

OS _

S O

oco

JfJOA A\9ÎOO00 -5©—4

IO —>a o •o o

30 =o —ISO00 oo —"

•r.aooo ->

eoeo coco roeo coco eoeo as

IOOoo oo —<

eo

IBSníaojt»00So00 GO

I-» 00o oec co

co ooOS OSo oco eo

*m\ .2•5ocoasa»io a

o ooOS .-5lO IO

_.00c oCO CO

o xtOi os•c io

_>0Ceoeo coro

t» 00—: Oeo .ococoo —>CO CO

O 73rs.: a>>o o

o t»as osio o

o r>-os asIO -.o

'O

OOS

oJnquiB[j •o- eoeo X)fc-c-

O Mpc eo o eoco co o eocr; eo

T»l COOS osIO -o

o eoÇO CIj

o ?occ eoi- t.—< a00 CO

SUB_li

OS 35IO IO

os asiC lO

o. asIO IO

—«^JtO) _îo n

—* •*»asas•o iO

-- >*os J3O .(5

ç»coo. o.¦O U3

uopaoqçooo jooo coco oco cox co»— _

' *~ ^ ~*' i -< ? í5 ~"CD r-

CO<0 *H CO —< to —i co

CO -.

OI NCO 00e>> eoCO (Q

e*

cscc

toet

ao

CM

wV3

00

•oo

as04C3

J3

Oeo

<x>,60 ->T _)

<2S

Monday, August 26th. Counter drawing rates at 16 l/16d.and 16 l/8d. in ali banks. Banks were draw-ing at 16 l/8d. and 16 9/64d., with bills at 163/16d. and 16 13/64d.

Tuesday, August 27th. No change.Wednesday, August 28th. No change.Thursday, August 29th. No change.Friday, august 30th. No change.Saturday, August 31st. No change.

1053

THE BRAZILIAN REVIEW.

Saturday, August 31st, 1912.

. Z®'-.jv-i!.

¦Z

16 l/E8dC"r!ei60l9°/64dtllÍS aftern°°n WHh bankB draWÍDg a*

Rubber prices remained unaltered, and closed last nightm London at 5s. 2d. Tlie stook of rubber at Pará andManáos on August 24th, was 1,566 tons or 1,621 tons lessthan on the same date last year.Coffee at Rio and Santos for the week ending A^È29th gave £357,615, as against £1,363,863 for the sãmeweek last year. For the crop it gave £6,034,558 or £731,271lessjjhan last year. ,

Í9q £«P7iÍ7tS at

Í^ ,°aÍXa de Conêrsão amounted toSatúrna °r ""^ than °n the PreTÍOUS

The Bank of England raised its rate to 4 per cent. onected

iÍimiP' bUt °ne that WaS n°* Wh°lly unei"The Bank of Brazil is now receiving its gold consign-ments from Europe' and the same will go to swell thebalance in the Caixa de Conversão. If, however, the rateof exchange, already put down 1/16, goes any lower, theloreign banks will nrobably begin to ship gold to Europe,though at a fractional loss.Owing to the strike in Santos, which now happily ap-

pears to be almost over, the value of shipments of coffee atthat nort fell to £357,615, as compared with £1,363,863 forthe same week last vear. New York prices have firmedsomewhat as have Rio, but Santos is dowflfb 7$800, whichafter ali is 600 reis higher than this week lUt year.There are rumours of loans in London and a £3,000,000issue, at first said to be for the Rio Municipality (presumablypart of the £10,000,000) is now said to be for the State of Biò:de Janeiro.

— In regard to Five per Cent. State of San PauloTreasury Bonds, Messrs. J. Henry Schrõder and Co.announce the receipt of a cable from their Santos agentsadvising them that they have further eneashed £11,000 inrespect of the surtax collected weekly for the service of"this loan, making a total of £139,920 eneashed since Julylst, 1912.

DA.YS« 26 27 28 29 30 31Bank lentes:Bankof England.. 3 «/o 3 <>/„ 3*/o 4 •/.

' 4 °/0 4 %BankofFrance... 3 •/„ 3 °/0 . 3 •/„ 3'/ 3 V0° 3°Open Market • '

Rftt6S *London.....". 3 3/16»/0 3 1/4 °/0 3 5/16»/0 4 o, 33/4»/0 3 H/16«>/0l&n\ "•: 2 1/2 «/ò 2 1/2 »/0 2 1/2 •/. 2 1/2 «/o 2 1/2 °/0 2 5/8 " 0Paris Cheques ¦:¦'¦¦...¦-"

25.27 25.27 25.27 1/2 25.27 1/2 25.28 1/2 25.28 1/2BrazilianBonds:

5%, 1889., 851/2 85 1/2 86 86 86 86°/ol895... 101 101 101 101 101 101» Funding..... 103 103 103 103 103 10:*. » 1903 102 102 102 102 102 102

°/0 ConversionR19}Q 83 1/2 83 1/2 83 1/2 83 1/2 831/2 83 1/2V 1908.. 1011/4 101 1/4 1011/4 1011/4 1011/4 1011/4Sao Panlo 1888... 101 101 101 101 101 101

» 1899... 100 100 100 100 100 100•» » 1904... 101 101 101 101 101 101

Leopoldina Ky. Co.Ltd. Ord... ... 71 1/2 71 1/2 i 72 73 74 73 1/28. Paulo Ry..Co.Ltd. Ord...... 226 222 1/2 222 1/2 222 1/2 212 1/2 217 1/2Pau li st a Loan£15,000,000.... 101 101 101 101 101 101Kio Municipality

^percent 99 99 99 1/2 99 1/2 99 1/2 99 1/2Bello Horizonte1905 tí 0/0...... 104 104 104 104 104^ 104Rio T. L. <k PowerCo. Ltd. Ord.. 1491/2 149 149 152 152 1/2 154 1/28. Paulo T. L. nPower Qo. Ltd.Ord......ív 259 259 258 260 263 1/2 266Dumont Coffee Co. v!71/2 Cum. Pref. '

Íl^l/5»;;. 111/2. 11 3/4 11 3/4 11 34 íl 3/4British Con- -.../..sois: 2 1/260/. % 75 7/Í6!: 75 7/16 75 7/16 755/16.75 3/475 136/1

Banco Mercantil do Rio de Janeiro,67, PRIMEIRO DEMARCO, 67.

President—João Ribeiro de Oliveira e Sonza.Director—Agenor Barboza.

j Business.

To discount Bills, Promissory Notes, Warrants, etc; and tò lend mo-ney on Bonds, Debentures, Bank and Company Shares, etc. held in secu-rity. Deposits in account current and at fixed dates. Collections in Braziland abroad.

RATES OF INTEREST.

Accounts current per cent

13

months.... 3 »v»*;§É

9; 6 Zp12 j

».'... .'.-. 7 '»%y:

• ¦< , , ¦¦;¦•¦... ¦ , . '• -' ¦'¦"¦..

., •¦ ' ,.: ' | .. -' ¦'-¦:...¦: ;(:".;; ;•-; .,....:..

'.' \y~y'yy '

Dr. Raul Leitão da Cunha. —• Prof. of the iTaciiity

Medicine. Consulting hours 2.30 p. m., Jóriúlcdç,

CommerciOy 2nd flòor, roòms 7 and'9. Z'..::.¦>

::*;:•

: A-i

1054 THE BRAZILIAN REVIEW. September 8rd, 1912.

Closing Quotations of Brazilian Stocks and Shares on

the London Stock Exchange.

Augusl 8th. 1912.

Government Securities

Gol i Loan 1<H3 1W.j o/„1883 l U,.»/01889 4 "Io1895 o°/„1908 b "'„1908 ;. »/011)10 1 °ío scrip •„•",•'lHU40/o'8S. at92<»0, Scrip ali pd..1911 4 o/° BJs. Sep. fy. pd

Now Fuiulins. B.mds istW õ";0 ãeBcission Bonda lHnl-2-n 4 ?/0Btate of S. Paulo r> "/o 1885

, » Honda õ ° , > . 5 "/o Bonds 1904

, 5.o/.o Treasury Bds. Scrip fully pd...State of Harã õ °lado. 1907Bahia ò"/o <íold Loan. 1904 ••Comp. Lloyd Braz., õo/o 1908 Stg.

"'ds.•• • ••, Lloyd Braz. lu/0 Stg Bds 1910 Iss. 90 pd

Stato of Alagoas ó u/0 Bonds

Municipal BondsRio de Janeiro 5 ", Gold Bonds ¦

do. 5°/., Gol.i B-íi-í G11 by U. S. of Brazil.do \ 1/2 °/o °ns- ótg- Ln-< 19'8 tLon«Iss.), Iss.. 92 1/2, S<-p., fully pddo. (Juyu.) 4°/0 B iiids

City oi Sn ti tos 6 °>odo 1910 6 •>/„

Bello Horizonte 6°/0 Bda Guar

Citv of Relein (Pará) ò °/0 Gd. Ba. of 190o... .Pelotas (inun oi) 5° 0 Stg loan of 1911. Iss95 1/2 *„ Sc Ali pdS. Paulo f-ild. L11. ») °/o- 1908Porto Ã|egreGuar. Sterling. r>o/0 Gold

"?ds..

Scrip. certs. 1944City of Peinaniliuco õ °/0 Gtd LnPort of Bahia 5 "/o ^ebs. Bds lio Portof Pará õ °/0 Gld'Bds

RailwaysBrazil Hreal Sioitthern 7'"0 Cum. Pref •Brazil Rail. Common stock •

Do 6 °/0 nbn-Gúni. Pref. StkGt. Western o!" Brazil, Ord...

> ti°/0 Non-Cum. PrefLeopoldina Limited

í, 1/2 "/« PrefPorto Alegre a Novo Hamburgo 7 °/0 Pref.Sliaros

Rio Claro, S. Paulo, Limited, SharesR. Paulo, Limited

ò °/o Non-Cum . Pref

Railway ObligatiousBi-azil Ht. Soutiiuru, 6 0.., .Stl. Ml. Delia. 189;5

ti "/„ Stl. Mt. Delta. Bed..6 °/„ Periti. l>el>. Stortc..

Brazil Ry 4 </2 "i„ lst Mt. 60 yr. Gd. Bds..bt. Weaterii oi Brazil St.ock (5°/,

•lú'o f. Leopoldina 4 °/0 D'ób'. *tk Red

u ferm °|0 'st Debs. Rctl. Huar. 1-7,500Madeira-Mamorè Ry. 6ü/o60yr. lsl.Mt.Bds, Red.Mogyaua, õ ° „ Deli. Rotid» . red..Do. Sul Mineira Ext. lstMt.5°/0 Stg.Bds. Red.S. Paulo, Ltd. d '/•_ °/o üeljenturea Stoçlt

õ °/0 do4 °/0 «Io

Sorooabana Ry. 4 1/2 °/0 lst. Debs RedD .. Iss. at 90 "/0. Sep. pdS. San Paulo õ „/" Debs. Red., Sup. fully pd...Rio Cl»r 11, S. Hatilo h " o l'éit. HtockBrasil N. E. (5 °/0 Debs. Rod

BanksBritislt Bank of tíouth America. LimitedLondon A Brazilian Bank, LimitedLoiuiiin V ItivHv Plate Bank LimitedBanco EspaBol dei Rio do la Plata

ShippingLamport and Holt 6 °/0 Cum. Pref. (Prov.

Cert. üo Deb. Stk., Red. Sc. fy. pd

Royal Mail rSloain Packet Co. ord ditto Iss. at 110 °/0 op.. £5 1 pdditto 5 0/0 Nou-cum Pref Stkditto 4 1/2 0/0 lst Deo. Reddittoô0/o Deb, RedPrince Li no Ltd

lffiningOuro Pretu, ordSt. John dei Rey

do Pref.' 10°/o ....'.....'..'!..

TelegraphsAmazon Tel: ShareaDo 5 °io Debs. Red., SepWeBtern Tele. Co. shares

do do 4 «/„ deb.Miscellaneous

Cantareira Waterworks 5 0/° dob. RedCity of S. Paulo Imps. á Freohold Land 6 °/0

lst M*. Debs. Sc. fy. pd ;City of Santos Imp. Ord

do 6 °/,. Cura Krefdo õ °'o lst chareo debs ,do 5 °í0 Trams^ Debs. Red

Ingersol-Rand Com. Stock.. di>6'0 um. Pref. Stock

v do,5 °'0 lst. Mt. Bds., Red*Rio de Janeiro City Imp Limited

do 5°/0 Deb. 1878-80

979885 1/4

100101 1/2101

83 1/293 1/280 L/2

10380 1/2

mo9999 1/2

100 1/2979797

101 1/29289

98101 1/2

929399

1021039886 1/2

1/2

3/41'21/23,4

94102

95929295

10114115

9117110

0

232111

93969892

1348992 1/2

100

1031U010312<>11399906390

10896

1/2

26 1/232 1/2oi 1/217 1/2

15/1696

llõ5093

102100 1/2

15/16

1/2 -

1/1613/161 1/6

7 1/496 1/212 7/896

9910085

101102102849481

10384

10210110 I101

999999

1029491

100102

9395

101104105100

88

96104

97949397

11116120

1012

3/4

l/S

3'4

1/21/2

1/2

1/2

1/2

í/5

1L

1/2

1/4

1/2

1/2

231lt3

10198

10093

1369193 1/2

102

105102104122115101

916491 1/2

11098

27 1 1233 1/252 1/218 1/2

1/98

1185495 1/2

104102 1/2

l 1/16

3/167/8

3 1/6

3/498 1/213 3/898

99 101

96 1/2 97 1/211 3/4 12 1/411 11 1/299 10199 — , 101110 120104 109100 105

4 1/4100 102

Closing Quotations of Brazilian Stocks and Shares no

the London Stock Exchange (Cont.j.• i-.. .¦_¦ ¦l-_W~-~-WE!"Wff»'F«— " ¦ —! '

DEBOKIPTION. August 8th, 1912.

Rio do Janeiro C I. Co. 5° <> Dob. 1883-1901.do 5° o dba. Red. litOL

Rio de Janeiro Flour Mills Limitod., a do Mort, deb

S. Paulo Gas Co. Limiteddo 6 °í(, oum. prefdo 5 ° o Ueba. (Regd.)

Dumont Coífoe, ord • •do 7 l'? Cum prefdo 5 1/2 °t„lst. Mor. Deb....

Cia. F. C Jardim Botânico 5 °/0 40 yr. lst.Mort. Bds. Red

Rio de Janeiro Traiu.. Light & PowerRio de J Tram Light A Power lst Mt. 30

yrs. õ° o Gld Bd'35do 5°io lst Mt. Bds. Red

Pará Éloct. Rvs & ülsrhitdo6°/0 Cum Prefdo . 70,001 -115,000

do 5 0/0 Deb. stkS. Pamo T am Light* Power ($100)

do 5».'o Mi. De'»t. Red («500)do 5 °/o Perp. Cons. teb. Stk

San-Pau'o Watd. « " o lst it-D»Municipality of Pará improvements 6°/0 .N. Braziliin Sugar FactoriesManáos Har. 5 °/0 Db. (Rg.. Rd ,

do. do. 5°/0 2ud. Debs. R»g.. Rddo Imp: 7 0/ «um. Pref _do. 6 0I° Dobs. Red >do Trams \. Liirht Co '

Mappin & Webb (1908) Ord 'do. 5 1/2 o/0 Cum. Pr-f 'do. 4 1/2 0/0 lst Mt. Deb. Reb. Red '

Pernambuco Water. 6 °/0 1 Db 'do 6 °'o 2nd Deb. Stg. Bds *

Cent. Bahia Rly. Rog. Trust 'A', Certs Red."ditto''B" Certs *

S. Paulo Cofler 7% Cum. Pref •ditto 5%% lst Mt. Deb. Red •

Neucbatel Anphalte Ord 'do 5 O,o cum Pref •

ValdeTravers Asphalt Paving •do ò°/o Deb. Stk. Red

•^_-_-_5_5_ií_i_íü--«h^_-_-_-_¦¦--.

99 1019< 101 13 5/8 -- 3 7/8 1100 102 ;

13 1/2 14 1/2 ,11 3/4 12 1/4 í49 51 i13 1/2 1411 1/4 -+ 11 3/4

102 -I- 104i

99 101151 1,2 154 1/2

|102 :l 103 3/4 j

9tí B/4 100 3 47 1/4 7 5/8 1

5 í/2 ;5 1/2 i

100 -i 102230 265H 107 i108 10 t28 3485 8/ I

3 16 5/16 i95 97 ;91 93

1/2 6 1/2 186 89 !90 92 ;

1 7 16 1 9/161 1/32 1 1/8 ^

100 102 • |

99 10199 10179 8125 27 j

6 1/2 |99 H'l !

9 1/4 9 3/4 :9 1/2 10

1 1 8 11/4 -95 100

BUSINESS DONE ON THE RIO STOCK EXCHANGE;t

DDRING THE WEEK ENDED AUGUST 30th. 1912.

Description Closing.

Government Securities. Sales High;est Lowest Glosinjí Previous Date

AppVioesõ «/o 438 1:004$ 1:0('0Í 1:003$ 1:008$ Aug. 23Apólice (500$) 3 1:010$ 1:010$ í:OÍ0$ 1:026$ » 20Apólices (&>{)$')• '.*.'.* 7 1:020$ 1:000$ l:0u5S 1:005* » 23Loan (Union) 1903 13 1:040$ 1:035$ 1:03*$ 1:03$ » 22Loan (Union) 1909 418 982i 978$ 978$ 985$ » 23State of Rio 4 per cent 167. 93$ 92S5 92*5 92$5 »State of Minas 00 967$ 9âò$ í,6õ$ 963$ » »Rio Municipality nom 27 300S 300$ 300$ 299$ July 9Rio Municipality I.1116 _Õ*7 205Í 204$5 2t;4',5 205$ Aug. 23Rio Municipalit"y 1906 nom. 282 207$ 207$ 207$ 207$ » 6Nictheroy Municipadty 13 206$ 205$ 205$ 205$ » »

Banks.

Brazil 339 275$ 265$ 270* 280$ » 23Nacional Brazileiro 28 210$ 2i0$ 210$ 200$ July 12Brazil (fractuns) 39/40 _5U$ 350$ 250$ 360$ Aug. I

1 Railway.'

Rede Sul Mineira 500 104$ 104$ 104$ 107$ » 22Goyaz. 375 79$6 79$ 79$ 80$ » 23Goyaz(30 ds.) 300 81$ 81$ M$ 80$ » 19Victoria & Minas 200 115$ 115$ llõ* 120$ » 22Noroeste do Brazil 100 110$ 110$ 110$ - — —

Cotton Mills.

Allianca 176 290$ 290$ 290$ 2:13$ Aug. 21Mageense 607 1">0$ 145$ 145$ 150$ » 23Confiança Industrial 20 240$ 240* 240$ 24$ » 16Brazil Industrial 120 340$ 335$ 33:i$ 3)0$ July 27Petiopohtano 40 30-^$ 306$ 3 6$ 305$ Jun« 20Corcova 20 305$ 300$ 3()t 315$ July 5Industrial Valença 17 500$ 415* 500$ — — —

Miscellaneous.

Loterias Naeionaes 700 63Í «>2*5 62$5 63$ Aug. 23Docas de antas 64 670$ 670$ 676$ ü75$ » »Centros. Pastoris 750 26$5 2f>$ 2tí$5 26$ » »Terras e Colonisação 2.700 14$ 13$750 13$5 14$ » 21T. e Colonisação (v e 30ds). 2.820 14S5 1^$750 14$5 14$5 » »IKJcaia <1a Burila 2.K00 U'2| 120$ 12$ 12$ » 23Docas da Babia (v/c 30ds.). 3.4'K) 126$ 1201 123$ 123$ » »Docas, da Bahia (v/c 15 ds.) 500 121.8 121$ 121$ 123$ » »Transport. e Carruagem... 70 87$ 87$ 87$ 90$ June 22Cinematographica 200 280$ 250$ 280$ — — —

Auto Avenida 100 100$ 100$ 100$ — — —

Debentures.

Fluminense Força e Luz.. 300 105$ 105$ 105$ — — —

LuzStearica 1*60 205$ 205$ 20;-$ 205$ Aug. 19Docas de Santos 410 209$ 209$ 209$ 209$ » 23Meroado Municipal 46 208$ 208$ 208$ 208$ » 25.S.Pedro de Alcântara 50 207$ 207$ 207$ 208$ » 21Industria Cè lulose 60 200$ 200$ 200$ 2o0$ » 2'2Brazil Industrial 150 196$ 196$ 19''$ 197$ »> »Confiança Industrial 5- 210$ 21"$ 210$ 212$ Mar. 12Cervejaria Brahma 10, 212$ , 212$ ( 212$ 211$ Aug. 10B.asilía... :.. 200 200$ 2'0$ 200$ 20,1$ July 2/Meias. Victoria. 175, 16.0$ 130$ 160$ — — -7

Botafogo.; 65 208$ 208$, 208$ 208$ Aug. HCinematographica 100 270$ 270$ 270$ — — —-

Vívaldi :&'. Co. 850' 200$ 200$ 20ü$ . ,-U . ,, — —

September 3rd, 1912, mE BRAZILIAN REVIEW. .:¦¦¦' ¦ . -¦

¦ '¦ ¦ ¦

r ¦

. ¦

¦ ' :.

1055

BUSINESS OüNfi ON THE S. PAULO STOCK EXCHANGEODKINU THI WEEK ENDED AUGUST 29th, 1912.

OIICRIPTION.Government Securities.State Apol. 6 seriesState Apol. 9 seriesSlate Apol. 4 series (500$)

Municipal Loanti

Câmara do S. Carlos.Câmara do K. Freto.Câmara do Ani^a-o.Câmara de Mi coca,.Câmara ao Bariry...

Banhe.

S. PauloCredito Real (letras).União

Railways:

PaulistaE. F. Purus-Pirapora.Mogyana.......

Miscellaneous.

Comp. Melhoramentos..

Debentures.

13. F. DouradoEmp. Melli. ParanáH ural Comm. e Industria..Cia. T. Luz KorçaCia. IndustrialÁgua e Esjt. do R. Preto..IDlcçtricidade Araraquara.E. de F. Porus-Pirapora..Soe. Anon. E de S. Paulo.Fjaniíicio Kowarich

_ , ClosingSales Highest Lowest Closing Previous Lata

321620

47201

4799lõl

10995120

7125115

200

1:060$l:07a$

530$

100$10l)$102$1U0S89$

150$11$

164$

•131S150$380$

180*

11:075$030$

100$100$102$10"$

150$9$

164$

4313150$380$

180$

1:060$1:075$53ü$

100$100$102$100$Sj$

150$10$

164$

43 $150$380$

180$

1:060$ Aug. 221:070$ » 14

530$ » 3

100$ .. 7100$ ., 6lU2$ Juno 19100$ Aug. -;S9$ 13

154$10S

185$

430$160$385$

J78$

19

12

50 97$ 97$ 97$ 96$5 » 15200 <>3$5 93$5 93$5 93$5 » 21150 190$ 190$ 190$ 190$ • in60 92$5 92$5 9 $5 92$5 » •>•>*> 89$ 89$ 89$ 88$5 » 19159 97-S5 97$5 97$5 102S April 2710 101$ 101$ 101$ 99$ Aug. 926 99$ 99$ 99$ 0H$ ,- ,40 98$ 98.$ 98$ 90$ Juiy 29

100 99$ 99$ 99$ írO$õ » 24

BALANCE OF THE CAIXA DE CONVERSÃO ffSATURDAY, Aug 3lst, 1912. t

tlii^J£*Í&m^JS"*» íí:A.'i*3lMarks. 22.013.9c0 -" JJ• fJJ:í"?J«|jj

a.!AHr::.."»;;:;:;;:;;:;:;:-- ' 4 "pPesetas (Spanish). 723.€00..'.".V.V.V.V. 4S0-S4?«S?Liras, 'Jo 4.w.oíoij)ü4<

H$888 34.->.280:768$707 ,Uovernment responsibilityDifference in gold .'*.!!!....! 18.999:395$982

310:380$u34

4 34.893:9601000

Notes issuedLess retired and

Orstflt ¦¦tiHaar

replaced »8I 197-4208(002l6.582:350í00U

3G4 tíI5:070|(!OÒNotes ln circulationIn casbSubsidiary coin reeelvêd'7rom'iVearan''li! 7O.üi0:890f000

18:00' $0''0•131.893 960$00Ò

The gold in the Caixa do Conversão on SaturiJRv in. qY** Ynto . .to 34õ.280:768$0i>0 equivalent at the rate of6d io £*3 OIS 7I*7 ol l& Vi"0""^the previous Saturday. *-3,018,,l, or ,£-68,58o less than

êéktII í%%iú úCOFFEE ENTRIES.

In bags of 60 kilos

m

QUOTATIONS ON THE PARIS BOURSE.

Aug. 3rd, 1912.

STATE AND MUNICIPAL LOANS.^ranc»

Brazilian Gold Loan 4 1/2 °/0 1883 99.50•f .. .. 4 1/2 ° o 1888 99.50.. „ „ 4 1/2 1889 86.50.. .. .. 5 % 1895 102.90

.. „ 6 o£ 1898 Funding 104.75„ „ 4 o/n Recision 84.2ô

5 % 1803 (Port of Rio) !<)'>.905 % 190S Brazil N. W. Railway) .... 101

•• .» .. 5 % (Port of Pernambuco) 5154 o/ Mie (Goyaz Railway) ??„ .2

,. 4 o/0. 1911 423.00Alago.is. State 5 per cent. 1906 I<2°Amazonas, State 5 per cent. 1906 442.50Bahia. State .....YZ.Y. m.-50ngahia, State 1910 4W>.,&0Bahia. Municipal 5 per cent. 1905 4o6Ceará Slate 5 0[0 1910

'. 464Espirito Santo. State 5 per cent, 1894 ........1.....V..V...1! 5i'2

Ditto 5 per cent. 1908 4fi2Maranhão State 1910 424Minas State 1907

.^» » 1910

............... J49.50

Minas 1911 !...... 443Pana, State 5 per cent 502.50Pará Municipality '. ZZ.''Z.'Z 40,3Paraná, State õ per cent. Í77Pernambuco, State 5 per cent. 1905 .......... *67Pernambuco. State 5 per cent. priv 467Rio Grande do Norte State 4098. Paulo, State 5 per cent. 1905 503

Do. 5 per cent. 1907 501Do. 5 per cent. 1908 £06.25

RAILWAYS PORTS, eto.

Brazil Railway (ord.) 568Brazil Railway 636» » 4 1/2 0'0deb.... 455Cie. General de Pernambuco 325Brazilian Federal Railways 5 0/0. W8Gibyaz Railway 5 per cent. 469.50North of Brazil Railway 5 per cent 328North West of Brazil Railway 5 per cent 419Paraná' Railway (North) 5 per cent 4063. Paulo Rio Grande Railway Bonds lst ,*ries 460

ditto ditto 2nu series 451.25ditto ditto 3rd series 452ditto ditto 4th (Itararé') series 453ditto ditto 5th (S. Francisco) series 453

Noite de S. Paulo 440Bouth of BrazilSouth of Brazil 5 0/0 2rid serie.....'South West of Bahia 6 per cent 459Victoria and Minas bonds lst series 445victoria and Minas bonds 2nd series 445Curralinho to Diamantina ,'•'• 436Rio de Janeiro Tramways. 484Port of Bahia 5 per cent 432Port 0Í Para Pref. 6 0/0..' 399

do. ord. 24!»do. (deb.) 461

_ 4 d°- 5 per cent. .*: i™£ort of Rio Grande, priv. 500 frs. °™Port of Rio Grande bonds ' í„?-aFazendeiros deS. Paulo 437.o0Sucrerieg du Brésil. \.í 489Banco Credito Hypothecario 8; Paulo .••• •••• *Hi^ineo Espanol dèl Rio de Ia Plata 2°3n55S.tí HylOOtheoario Espirito Santo..:. .—» ™l

-rt ^ncier du aró»il .................i.......... 577o„ _ DO. do. do (déb.) •.•••• ;57^°c. Immobiliêre São Púíülóí (delfs);.'...*.,.......fí.•..• • >í«¦"•••.• ,bfí>

RIO

Central and LeopoldinaTRy :•:Inland

Coastwise, dischargod ..

FOR THE WEEK ENDED j KOR THE CROP TO

August 29 August 221912' l«)i2

August 31 ÀiiQust 291911' | • 1912

August 311911

47.50132 7

1.487

30.4741.1664.77

TotalTransfere d from Riú toNictheroy

Net Entries atRio..;...

Nictheroy from Rio, &Leopoldina Ry

Total Rio, includingNictheroy & transit.

Total Santos :

Total Rio & Santos.

49.315I

1.402I

47.913

6.087

36.412

1.214

35.198

5.690

54.000 40.888üt'6 702 3ll.4o4

60 f,(5t1.322

57

62.040|

2.294-

353.023 440.9386.042 6.06Õ

31.173 31.799

390.238 478 802; 8.586 ' 16.802

59.746

12.9=7

381.652

50.603

310.702 352.342

72 703 432.255'374.313 1.784.989

447.016 2.217.244

462.000

68.58_

530.5822 211.174

2.741.756

The coast arrivals for the week ended August 29th, 1912 were from :

Macahé j 250S. Jeão da Barra .*!..'.". .7.7."."!" 237T°fcal .....•• T487

The total entries by lhe different S. Paulo Railways for the Crop to Aug. 29lh, 19Í2.were as follows

I Per RemainingPast Sorocabana Total at Total at at

Juudiahy and others S. Paulo Santos S. Pauíó :1912/1913 1.732.407 80.903 1.813.370 1.7:87.989 2S.3811911/1912 2.190.898 ! 56.926 2.250.824 2.211.174 39.650

FOREIGN STOCKS

In Bags of 60 kilos

Aug. 24.1912 Aug. 17/1912

United States Ports.......:.Havre

BothDeliveries United States....Visible Supply at United

States ports .....;.

1,9 66,0002,257.000

1,919.0002,176,000

Aug. 26/1911

1,851,0002,356,000

4,223,000 4,095.000 4,207,000106,000 61,000 114,000

2,242,000 2,327,000 2,260,000

SALES OF CtfFFÉE.DURING TIIJ3 WEEK ENDING Aug. 29th, Í9Í2.- f

Aug. 29/1912"" Aug.- 22/4912-Kio.,.,..,...,-,....,,....,,.,,. Oi»,7o 52,075

k ,

Total.60,188 ,92,919

207.2842593.59'

Ang.ffl/ittfP40,987

]u „:.r202,3X3.'¦"¦ 243,280

* I

AA

¦

1056 THE BKAZILIÁN BEVIEW; September 3rd, 1912.

TO COFFEE EXPORTERSWe manufacture Machines which will

FILL, WEIGH and SEWBAGS OF COFFEE READY FOR EXPORT,

They ensure correct weights and absolutely securityof the Coffee,

:: THEY ALSO SAVE TIME AND LABOUR ::¦¦

*!

For particulars write

THE SACK FILLING AND SEWING MACHINESYNDICATE, LIMITED,

60, Mark Lane, London, E. C

ENGLAND.

COFFEE SAILED

DURING THE WEEK ENDING Aug. 29th 1912 WAS CONSICNED TO

THE FOLLOWING DESTINAT10N:-

ln Bane ot 00 Kilo»

I UNITED EDR0PK* R,VER OTHEB I T°J(^ CROPPORTS ™™

ígSggT C°AST PLATE CArE PORTS WFE°EKK TO DATE

Rio 10,500 19,036 6.091 2 473 250 743 39.093 422.981Santos.... — 10.8U8 - - — lu.8i6 1.203,083

1... ,1912/1913 10,500 29.8441 6,091 2,481, 250 743| 49,909 1.626,064

1911/1912 64,020 320,093 7,704 7.220' - 4181 39fl.455J 2,014,922

Value of Coflee cleared for Foreign Ports.

DURINQ THE WEEK ENDING August, 29th 1912.

Aug. 29 Aug. 22 Aug. 29 Aug. 22 Crop to Aug. 29

Bai?s i ags £ B*gs I £33,0 2 63 834 120.180 2.'9,I64 375,623 1,376,224Rio : '

Santos 10,816 199.321 40828 755.028 1.203.033 4,681,319Total 1912/1913. 43,818 263,155 161.008 9^4.192 1.57a, 56 6.0577543

do 1911/1912... 391,754 282,991 1.361,618' 949,346 1.96,272 6,660,054_i

COFFEE LOADED (EMBARQUES).

In bags oí 60 kilos.DURINO THE WEEK ENDING Aug. 29th, 1912.

DURING WEEK ENDED POR. THE CROP TO

1912 1912 1911 191? 1911Aug. 29 Aug. 22 Aug. 31 Aug. 29 Aug. 31

vííw""; 45,075 41,918 69,170 365,711 421,214aictneroy 2,324 9,461 4,875 47,970 50,140

Total Rio including Nictheroy .

^aní*trímSÍt 47'399 51>379 74'004 413<681 471,354Bantos 49,011 44,614 332,961 1,158,249 1,601,842

Rio & Santos 96,410 95,993 397,015 1,571,930,2.073,196

[=======- ' ¦ —— . — L

¦ -. ¦ ' " "'•'' »

". _____ -. ... -¦ ...

i .

üp to August 22nd, entries íor the last ten years were as follows

1903-041904-051905-H61906-071907-081908-09I9n9-I01910-111911-121912-13

Bags.3.302,0003.(00 9r-6

Kl '.341279. 26

1.192 5353 16 7144. 20/2922.862,6882.595 9032.217.244

OUR OWN STOCK.IN BAGS OF 60 KILOS

RIO 8tock on Àusrüsk.2?hd Entries during week ended August 29th

224.13547.961

Loaded cEmOarques», for the weekSTOCK IN RIO ON Aug-us.. 29thStock at Nictheroy and Porto da Madama on

August 22nd» Afloat on Augu-t 22nd

Entries at Nictheroy plus total embarques inclu-ding- transit

Deduct : embarques at Nictheroy, Porto da Ma-dama and Vianna and sailings during the

. week

572.0-7845.075

227-003

24.768

2 98953.4*681.243

41 417

8TOCKIN NICTHEROY AND AFLOAT ON August 29th.

STOCK IN lst and 2nd HANDS and THOSE AT NICTIIKROYand AFLOAT ON August 2'Jth

SANTOS Stock on Augu-t 22nd,Entries íor week enued August 2yth

39.826

266.8291.769 534

2>i 702

Loaded (embarquex) during same woek...

STOCK IN SANTOS ON August 29thStock in Rio and Santos on August 29t

2.('26 23649 011

dodo

dodo

on Auguston August

1912.22nd 1912.3ls»t 1911.

1.977.2252 -244.1542 021.4561.492.70a

Entries at Eio and Santos for the week ending August 29thwere 310,702 bags,: as against 352,342 bagslast week and 447,016 bags last year. Por thecrop up to August 29th, they amounted to2,217,244 bags, as against 2,741,756 bags lastyear.

Shipments at Eio and Santos for the week ending August29th were 96,410; bags, as against 95,993 bagslast week and 397,015 bags last year. Fòr thecrop up to August 29th embarques amountedto 1,571,930 bags, as against 2,073,196 bagsfor the same period last year.-

F.O.B. Value of shipments at Eio and Santos for. the weekending August 29th was £357,615, as against£353,449 last week, and £1,363,863 lasi year.For, the crop up to August 29th, the valueamounted to £6,034,558, as against £6,765,829for the same period last year. __

September 3rd, 1912. THE, BEAZILIAN BtEyiEW.. 1057

Sales of 92,919 bags were declared at Eio and Santos forthe week ending August 29th, as against259,359 bags the previous week and 243,280bags on the corresponding period last ytar,Average Prices for the week were as follows:—

Eio No. 7 10 kilos 8$457 8$329 7$642Superior Santos 7$800 7$833 7$200New York No. 7 (cts.). 14.00 13.88 13.20Stock at Eio and Santos on August 29th was 2,244,054 bags

as against 2,021,456 bags last wêek and1,492,707 bags on the corresponding date lastyear.

SJÕBERG & BERGSTEN,STOCKHOLM (Sweden).

GENERAL COiMMISSlON AGENTS.Prime Bánk Eéferences,

Open to accept representations in Scandinavia (Sweden,Norway and Denmark) of Brazil Coffee Exporters.

IIVIYIÀYI.L. «>\ THIO Li;<»l'OUH\\ ítAILWAT.(ln huiidredtlis of an iuchi.

Stations 24DAYS29 30

Friburgo 30CachoeirasCordei ro 14Laraugeira»Suiuidouro ,. 16Ca pivaryMocahó... Triurnp tio 20Campos ... 15Trez Irmãos... ,..., õPoit- Novo 50V. G -nd;RecreioCataguuzesMirahyPalmaS. PauloPo<--iun"uiaSan ia LuziaSocego 30Mar <le HespanhaBicas F. do CamposLigação ...s. GemidoTeixeirasPonte NovaSaúdeAreai 33MnrunduMuquyItapemirimVict .ria

ReeveItapuruna

48

111(467276

11011182

7098

81125lill140150

101405035716380

1281951806563

30ó84035593077

üüFFÉÍ. PRICE CURRENT.Onring the Week endinsr 29th August, 19.12.

Aug. Au<r. Aug. Ang. Aug. Aug. Ave"description gg* 24 %l 2f 28 29 rage.

RIO—u , r M u ... __ 8.579 8.579 8.579 8 57? 8 579 —Market N.b. 10 kilo., 8ÒH HÕ11J8.M1 8 -11 8.511 8.548

J. 8 443 8 443 8 443 8 443 8.443 -N-'- ' 8#44n 8.375 8.375 8 375 8 375 8.375 8.457' N-s< » g^0j 8.238 8.238 8 238 8i33 8.238 8.249

N-9- ' 7^17 8.102 8.102 8.102 8.102 8.102 7.954

SANTOS—Superior per 10 kilo-... 7.800 1-800 7.800 7.800 7.800Qood Average 7.100 7.100 7.100 7.100 7Aqq

N. YORK, per Ib.Spot ».»,...„.. „.,. ^U u .. I3 M«JjOptions— .-^r-- ,„ „_

> Sent io -a 12 79 '2.65 12.79 12.88 12.85 12.78' Dec": 1S"« S.S 'IS 84 12.96 12 96 2.88 ia.Q0» March.. líti 13.05 12.91 13.01 13.03 12.92 ]2.97

HAVRE, per 50 kilosOptions francs. _0 7g 50 79.5p 79.75 78.75 79.12Sept... 79.75' 78.50 «.o g() ÕQ ?g 5Q

: fSük. .'7 8:8 »:S 8* «.»».» «* 79.8SHAMBURG per = ./,*.- \;'_

Options. ...pfennige .; fl3 25 63:25 63.75 64.00 63.60 63.66Sept... 64.25 JJ-g w#g0 64.25 64>04

O.LONDON. per cilí} -

:¦¦S5a_. :, i?íp. ^jg^jf^I!

MANIFESTS OF COFFEERIO DE JANEIRO

DURING THE WEEK EN

Date. Vesael Destinatfon23.—EUGENIA—Trieste

DING AUGUST 29th, 1912.

Shippers Bags. Total.

Ditto-Ditto-Ditto—Ditto— "Dittò—Ditto—Ditto— "Ditto—Ditto—AlmeriaDitto— ' "

24.—P. INGERBORG—Stockholm ...Ditto— opt.Ditto—Ditto—Ditto—Ohristiania Ditto— " ¦ IKtto- " Ditto— "

Ditto—Ditto—Gotheraburer Ditto—Bergen Ditto— Ditto—Kalmar Ditto—Stugsund Ditto—Dramenn Ditto—Gothemburg Ditto—Hernosand Ditt>-Ditto—Hnndiksváll Dtto—Sundswall Ditto—No.rkbeping Ditto—Vastervik Ditto—Gefle Ditto—TTarlskrona Ditto—Ystad Ditto—Halmstad Ditto—Luléa

Theodor Wille & Co...Ornstein & Oo ..;......Oscar Marques A Oo...F. Gaffrée Dias Garcia & CoPinheiro "& Ladeira...Ad. Schmidt & Filho....Hermann BaaschCastro Silva & CoMachado Alléa & Oo...Hard, Rand & Oo

ÈUgçn Urban & OoPinheiro &. Ladeira ...Norton, Megaw & Co...Theodor Wille & Oo...Mc. K. Schmidt & Oo.Dias Garcia & OoEugen Urban & OoOrnstein & CoTheodor Wille & Co...'Castro Silva & OoHermann BaaschEugen Urban & OnNorton, Megaw & Co...Eu geri Urban & CoOrnstein & CoTheodor Wille & Oo...Ornstein & C>Theodor Wille & Co...Ornstein & CoOrnstein & OiOrnstein & CoTheidor Wille & Co...Theodor Wille & Co...Theodor Wille & Oo...Theodor Wille & Co...Theodor Wille & Co...Ornstein & Co

2.25076550037525025025025012510

250

1, :¦¦'¦

5.275

J. PRINCE—N. Orleans Mc. K. Schmidt & Oo.Ditto— " Pinto & CoDitto— " Louis Boher & CoDitto— »» Hard, Rand & CoDitto— " Hermann Bnasch Ditto— " Theodor Wille A Oo...

27.—VAUBAN—Mossel Bay Ornstein & CoDitto—Southampton Eugen Urban & Co

500..2503752505002507501257502505^0125250250250375500750250500125250250250250250500 10.625

4.0002.0002.0301.500750250

¦:

250250

10.500

500

CORDILLERE-Montevideo Hard. Rand & OoDitto— " Theodor Wille A Oo...Ditto—Buenos Aires Castro Silva & CoDitto— " " Ad. Schmidt & Filho...Ditto— " " Norton. Megaw & Co...Ditto— " " Fabricio G. Pedrosa...Ditto— ** Ornstein & Òo....

200200

50600223100

1.1ÒÒ 2.473

28.—ATLANTIQUE-Oran Hermann Baasch.Ditto—Gaiatas. Hermann Baasch.Ditto—Mostajçanem Hermann Baasch.

125125250 500

28.—ARGENTINA—Genoa opt. Pinheiro & Ladeira...Ditto— Louis Boher & Co..'..Ditto—Palermo Castro Silva & Oo....Ditto—Naples N. Pentagna & Co.LDitto— " Sundry

750500125

101 1.385

ORIANA—Valparaizo Ornstein & CoDitto— " ^.tigen Urban & Oo....Ditto—Antofagasta Ornstein & CoDitto— Eugen Urban & Co....Ditto—Talcahuano Ad. Schmidt & Filho.Ditto— *bigen Urban & Oo....Ditto—T». Arenas Norton, Megaw A Oo.Ditto—Iquiqui Pinto & Co.

70735050

inO100100200 743

29.—HOLLANDIA—Amsterdam Hard, Rand & Co.;..

Total oversea.

1.000

33.001

24.—ITATINGA—Paranaguá Ditto—Pelotas Ditto— JJlttiO""—" «•?•••••••••••••••••«Ditto—P. Alegre Ditto—" " •

25.—ARAOATT—Pernambuco Ditto—Ceará D<tt'v—Pará Ditto— " Ditto— " Ditto— " Ditto— " Ditto— " Ditto—Santarém ..—•.¦Ditto—Parintins Ditto—ItacotiaraDit.t>0"~~ •••••¦•••••••••••«Ditto—ManáosDitto—

26.—MARANHÃO—Maranhão Ditto—Ditto— ..•Ditto—Manáos Ditto-

28.—ITAITUBA—R. Grande

Dftto—Pelotas. A. A;. DittQT— a-

;, Ditto—P. AlegreTH+tn »» ' •»»•±J l utU ••••••••••••••••••¦ní+tn— " ' »•

Sequeira & Oò 99 jEugen Urban & Oo...... 75 im >Mc. K. Schmidt & Co. 25 . :^" íPinto & Co 125 aAd. Schmidt & Filho... 90

' ||

Castro Silva & Co 450 864

Pinto & Co n.f.3 907Ornstein & Co 90Pinto & Co 300Ornstein & Co 240 ;;Eugen Urban & Oo 508 7Élenha Ramos & Co.... 70 |Theodor Wille & Co 190Ad. Schmidt & Filho... 560Eugen Urban A Oo 20 jEugen Urban & Oo 20 •.Pinto & Oo 100 ,\Theodor Wille & Co... 100 jEugen Urban & Co... 360. tZenha Ramos & Oo... 125 3.590 j|

Ornstein & Co 175Theodor Wille & Oo... 150 77Eugen Urban & Oo 25Sequeira & Co 30Eugen Urban & Co 195 575 -,|||

Ad. Schmidt & Filho... 100 .Eugen Urban & Oo 100Ad. Schmidt & Filho 66 ; rEugen Urban & Oo....'.l; : '. '25 7 .."-'' '% —'¦"'«*$Ad. Schmidt & Filho... 521 . #Mc. K. Schmidt A Oo: 150Theodor Will & Oo... 150 1.061

Total . coastwise; '. ^ç! 0.09t^ .

1058 THE B&Á&I1-ÍÀN BEVIEW. September 3rd, 1912v

SANTOS

DURING THE WEEK EN

23— 0AD1Z—Consumpt. on board ...

27.—ATLANTIQUE—Bordeaux Ditto—Ditto-Ditto—Oonsumpt. on board

DING AUGUST 29th, 1912.

Antônio Ribas —

Ed. Johnston & Co 1-705Bezerra Paes & Oo 300Société F. Brésilienne 53A. ¦.Réisiriann & Co... 12

28—BARCELONA—Cons. on board Antônio Ribas.

CORDÍLLERE—B. Aires Ditto—Oonsumpt. on board

AQUIT AINE—Marseilles opt. ...Ditto—Ditto—Ditto—Ditto-Ditto—Ditto—Ditto-Ditto—Ditto—Smyrna Ditto— " Ditto—Beyrouth Ditto—Marseilles

18

2.070

16

Alfredo CamposA. Reismann & Oo

}| ichaelsen Wright & C. 2C. F. Lima & Co 1Leme Ferreira & Oo... 1Hàr.dj, Rand & Co 1Hollworthy Ellis & Co.Nioac & CoNossack & CoNaumann Gepp & Co.Theodor Wille & Co...Nossack & CoNaumann Gepp & Co.Naumann Gepp & Co.Bento de Carvalho

17

000.722500.06062537527725012525025025020 8.704

Total oversea. 10.816

«THE BLUE FOOK OF THE TRADE.»

THE

TEA AND COFFEE TRADE JOURNALThe International Õrgan of the Tea and Coffee Trade.

PUBLISHED ON THE lOth OF EACH MONTH.

9 1 WALL STREET, NEW YORK

Cable Address:—TEATRADE.

WILLIAM H. UKEES,President and Managing Editor.

Foreign Subseriptions:—$1.50

6 Shillings5 milreis.

Postage prepaid.

Advertising Rates

$50 a page.$25 a half-page.

per issue.

Member of the Grocery and Allied Trade Press of America.Member of the American Trade Press Association.

Correspondents in ali tlie producing countries and in ali theprincipal trade centres.

THE TEA AND COFFEE TRADE JOURNAL,91 Wall Street, New York.

BSB3BTI

Zenha Ramos & Co.73, RÜA PRIMEIRO DE MARÇO, 73

J*IO DE JAINJE1HO

Importers, Exporters and CommissariosSteamship Agents.

Draw on the principal foreign markets. Collection

undertaken. Telegraphic Remittances.

Stock Exchange business transacted etc,,

Caixa do Correio (P. 0. BOX) 964 Telegrams: "HOMERO" Rio

mwxPernambuco, 22nd August, 1912.

t'i..Entry this month so far 6,200 bags, compared with8,300 bags same date last year and is ali old stuff that hasbeen stóred on the plantations. During the week a fairquantity has been shipped chiefly to Saltos, and it is saidthere aro still about 8,000 bags more to ship against con-tracts for Santos and Eio Grande ports, stock here to-daybeing about 15,000 bags, almost entirely composed of White3a quality. Usinas, Crystals, and Somenos are ali finishedand of Brutos only about 2/3000 bags remain. There hasbeen a good deal of rain during the past week and there canbe no question of any grinding of new crop for some timeyet, and looks as if prices are likely to open very high , aswhen sugar is available the Southern stocks wiil be alsoalmost run out. Present puotations are merely nominal.

Usinas Crystal (White)Do. (Yellow)White 3a Boa .SomenosBruto Secco

NoneNoneNone

7$400 to 7$800 per 15 kilos on shoreNone

3$800to4$200 »>

Shipments during the fortnight have been:—Eio 2,010bags, Santos 33,707 bags, Eio Grande Ports 13,089 bags,Pará and North 14,500 bags.

Entries of sugar at Pernambuco during the month ofJuly, 1912, amounted to 8,319 bags, as against 20,238 bagsfor the same month last year, a decrease of 11,919 bags.The amount of sugar exported from Pernambuco duringJuly, 1912, was 2,968 tons, of which 1,505 tons to the South,1,422 to the North, and 41 coastwise in small quantities.

The Bntish Government and the Sugar Convention.The following interesting reference to the withdrawal ofthe British Government from the Sugar Convention iscontained in the last circular issued by Mr. C.Czarnikow : —«Our Government, after having ceased some years ago totake part in the Brussels Convention, has now formallywithdrawn, which action has naturally been treated withindifference, as it does not affect the present or futuremarket or produetion, the Continental Powers being boundto each other for five years, unless they mutually agree toterminate. Though we have a predominant interest, ourfate was left to be settled between the Eussian and Ger-man Governments. Ours only expressed the hope or ex-pectation yesterday that bounties may not be reintroduced,which is the hope of ali lovers of fair play, who wish thatforeign Governments may deal mercifully with the aban-doned British preducer. Some countries demand evidenceon Consular invoices that the price charged is the price cur-rent in the country of productioii, which is a difficult wayof arriving at free trade owing to forward contracts, buteach trade should be able to get official records mpnthlyof net prices charged to consumers abroad for goods im-ported here, and obtain compensa.tion in duties for dumping'Or underselling. The Prime Minister stated that the with-drawal will enable us (contrary to Mr. Acland's circular)«to give a preference to products of our Colonies, in whichdirection the Government do not intend to advance».(Laughter). The joke becomes complete when the bounty-objecting Government tries to smash the Conventionunless it gets 500,000 tons bounty-fed sugar. If' free tradeequalises the chances of ali individuais to exploit fairlytheir natural opportunities for the interchange of ali com-modities, and if monopolists or Governments have to standaside lest enlightened Governments takè care even oí'.. a\minority of their subjectsin an unfair struggle, then we-certainly are worshipping at' a wrong shrine just now.»; ;<

¦ ¦ -:<m

September Brd, 1912. THE BRAZILIAN BEVIEW. 1059

(Sottmtimports of Cotton Textlles and Jute from Great Brltaln

FOR JULY

Freights.—The rates of liners are unchanged but hardlvany cargo exists now for shipment, but they seem to be get-tmg small quantities from Paraiba and Rio Grande ports^xchange.—Cobrança unchanged at 16d., but with-easier rates m Rio. Banks here have past few days notbeen willmg to draw at anything over 16 l/Í6d.

DESCRIPTION

Oollon piece «oo^s groy or unbleache i ydsdo. bleach ^d » ¦do. prinl«»d »do. dyed »do. niixed »

Value... . £Jute. uYiirn.... bs.Jute manufactures: piece goods of ali

kiiuls...' yds

1910

282,5un2.(il3,8 03.6^3,0006,49.i,ãi)i»

13.028 800201 77'

3,3(ii),õ00

106 500

l'"1

1,361.400•i. 3 iiO2.7:2(5 2 "0

_4,3r9.600TÕ.6 O.IÕÕ

168.h73-»,2 .5.500

(>H,400

1 10

514,5002,386,7001,437.001)4,368,0008,706,200

14 ',62S1,670.700

52,60

Pernambuco, August 23rd, 1912.Milho flat and late yesterday some large sales weremade at 4$200 for stuff in stations and to arrive next weekand for delivery in 60 days sales made at 4$000, but thereis not much inquiry to-day and looks as if prices would

gradually fali awr once more, as weather up country beingnow favouraMe for the drying of the alicie entries are in-creasmg. There are now nlentv of sellers at 4$000 butbuyers have withdrawn and only offer 3$800 per bag. \

Pernambuco, 22nd August, 1912.

The week has been given up chiefly to the completingoí this month's contracts, which were sold some time backai much higher prices and now business for shipment hasbeen entirely out of the question, as prices being paid arefully 1$000 higher than ideas of shippe s. On Uth, 200bags were sold for prompt delivery at 12$0?0 and 200 forSept./Oct. at 11$500; on 16th, 500 bags sold at 12$000 oncemore, but on 17th market was very weak and some 1.800bags were sold for delivery this monlh at 11$600 and forfuture delivery at 11$500; on 19th, 500 bags reported forprompt delivery at 11$800 and 12$000; on 20th about 1,000bags this month's delivery at 11$600; and yesterday afurther 450 bags at same price and terms. The whole ofthe above transactions being to deliver against old sales athigher prices. To-day market opens weak, but at closethere seems a little more enquiry and 11$500 offered forearly deliveries, but so far no business reported. Nextmonth very large entries are antiçipated, the country peoplehaving held off sendirg this month as evidentíy theythought there would be great demand for ready stuff fordelivery against this month 's sales, but apparently nowthere is vo popular desire for ready cottons, thus provingthat people who sold have quite prepared for their deliveriesfor the current month.

Shipments during the fortnight have been very small,and comnrise Bahia 250 bags, Pelotas 200 pressed bales",Hamburg 680 bales.

Pernambuco, August 23rd, 1912.

With easier news from Liverpool there is not much in-clinatipn to enter into business. Bulls talk of 11$500 forsertaos, whilst there are sellers at 11$600 for Mattas.

Entries of cotton at Pernambuco during the month ofJuly,. 1912, amounted to 13,530 bales, as against 16,865bales for the same month last year, a' decrease of 3,335bales. The amount of cotton exported from Pernambucoduring July, 1912, was 852 tons, of which 590 to the Sbíith,and 262 abroad. I

iftelet itepítePernambuco, 22nd August, 1912.

Coffee.—Entry of new crop very small so far and-whathas come is not of at ali prepossessing quality. Marketjhasbeen, quiet and Traoiche were trving to buy at ll$500jbutfound no sellers and tq-day they offer 12$Ò0O, but at thisalso find no sellers.

Milho.—A large business has been put through! thisweek for future deliveries at 4$500 per bag of 60 kilos andmarket with freer entries closes weaker and buyers at pre-sent only offer 4$400 for ready deliveries. .

Beans.—Unchanged at 16$000 to 18$000 per bag of 60kilos.

Farinha.—Eather more inquiry at 6$500 per bag, butsellers demand 7$000. .Ày

^WpijrajlTHE FREIGHT MARKET.

^British. «Fairplay» of August 8th says:—The freightmarket continues very firm ali round, tonnage still beingver-'difficult to secure. Owners* have now a fine selectionof employment that it is really difficult for them to decidewhich is really the best direction to send their boats. Out-ward rates keep very satisfactory, in fact, we cannot re-member when out ward and homeward rates in ali directionswere so simultaneously strong. As we have ?a^d before,the future looks most encouraging, for we fully believe thatowners are in for a good long spell of lnck. As an instanceof this,; some of the knovving or cunning firms are willmg totake úp good modem boats on time-charter for periods fromthree to five years. In one case the time-charterers areship-owners themselves, and they have the repvtaticn ofseldóm being wrong. However, owners will be well advisedto leave such business alone, for there is nothing to evensuggest a break in rates for a long time to come; but uponthe other hand, everything points to a further more or lessadvance in rates in the principal markets.

Coal Rates from Wales to Eio were 21s. 6d. to 22s. andto Santos 25s. (paid). The s.s. Volumnia was fixed to Eioat 21s. 6d. and the s.s. Hillhouse to Santos at 25s.# Argentina. Business to Brazil has been rather moreactive, and some of the European and North American

liners are operating largely for Eio and Santos, filling upthere- with coffee for the North. We maintain our quota-tions at the following levei:—To Bahia and Pernambuco 22s. To Pelotas 22s, ToPorto Alegre 26s. To Antonina 16s. To Florianópolis

16s. To Itajahy 26s. To San Francisco 18s. To Para-naguá 18s, To Eio Grande Í6s. To Santos 14s. ToEio 14s.«The Times of Argentina,» August 19th, 1912.

ARRIVALS AT THE PORT OF RIO DE JANEIRODuring- the week ending August 29th> 1912.

Aug. 23.23.-• 23,23,2323.23.24.24• 24.24.242525125.25.•25.25262626,• .".' '2626•26.26262627272727J ..-;272727

.-RUGIA, German s.s. 4139 tons, from Hamburg.ESPAGNE. Frenhc s.s. 2478 tons. from Genoa.P. OLIVEIRA BOTELHO, s.s. 281 tons, from Gabo Frio.EUGENIA, Austrian s.s. 3153 tons, from Buenos Aires.NEEDLES, British s.s. 2995 tons, from Newport..—SÍRIO, Brazilian s.s. 551 tons. from Montevideo.~°é£T.0RTBGAL' German s.s. 4726 tons, from Buenos Aires.—ANGRA, Brazilian s.s. 192 tons, from Santos.—FELICIANA. British s.s. 2764 tons, from Dunkirk.—BORBOREMA, Brazilian s.s. 885 tons, from Natal.—BONN, German s.s. 2568 tons, from Bremen.—ACRE, Brazilian s.s. 884 tons, from Páysandu'."yí0^?111^ Brazilian s.s. 201 tons, from Florianópolis.—LAGUNA, Braziiian s.s. 300 tons, from Laguna.—PIAUHY, Brazilian s.s. 425 tons, from Oamocim.—CANADIAN, Danish ss. 2997 tons. from* New York.-HANS, Norwegian s.s. 3980 tons, from Antofagasta.

,*££¦£• Bra-ilian s.s. 247 tons, from Florianópolis. ; .~£?TEJtJ?E.?:D' German s.s. 1767 tons, from Port Arthur.—MUOUHY, Brazilian s.s. 585 tons, from Pará.—ITAPOAN, Brazilian s.s. 512 tons, from Pernambuoo.^í™^fír?íSH^',Brazilian 8S- 225 tons. from S. J; da Barra.—LIEGEVISE, Belgium ss. 2438 tons. from Antwerp. " ™

.—TURSTALL. BrHish s.s. 2415 tons, from Swansea.'—Vm?SíL:LB:EE' French s.s. 3016 tons, from Bordeaux.•—ITAPEMA, Brazilian ss. 825 tons, from Porto Alegre. *.—ITAITUBA, Brazilian s.s. 613 tons, from Pprto Alegre—BAHIA, Brazilian s.s. 1584 tons, from Manáos..—SAVOIA, Italian s.s. 3099 tons, from Genoa.~Íh JffiSPí?1. ?I,-German 8S- 5764 tonsV from Hamburg.—™ ílírA1^ Bntish s.s. 6536 tons, from Buenos Aires."""ÍS^T^». Frencfr s.s. 3480' tons, from Márséillès. ?.—ORIANA, British s.s. 4539 tons, frôm Liverpool.—OERVANTESj British s.s. 2938 tons, from Antwerp-

tm

¦ A-. '*:-'

A

1060 THJD BBAZILIAN BEVIEW, September 8rd, 1912.

i27.27.-27.-27.-27.-

, 28-28.-

mim28.-28.-28.-28.-

«$<: '29--a, 29.—.

»{.#(£&-29.-29.-

-ETHELRÉD. British. 8.8, 1705 tons, from S. Nicola.-SOFIET Norwegan barque, 1564 tons, from Pensacola.-MAR1LA, Norwegian barque, 1649 tons, from Pensacola.-ASSU'. Brazilian s.s. 779 tons, from Santos.r-NJADK, Norwegian brig, 1676 tons, from, Ncodenhuc.-1TAPICMIR1M. Brazilian s.s. 154 tone, írom Laguna.-HIGHLAND CORRIE, British s.s. 4621 tons, from Buenos Aires.rOUlTA, British s.s. 5817 tons, from Callao.-ATLANTIQUE. French s.s. 3601 tons, from Buenos Aires.-ITAPUCA, Brazilian s.s. 869 tons, from Pernambuco.-ARGENTINA, Italian s.s. 3047 tons, from Buenos Aires.-BOCAINA, Brazilian s.s. 871 tons, from Porto Alegre.-VILLA BELLA, Brazilian s.s. 263 tons. from Paranaguá.-.HOLLANDIA, Dutch s.s. 462 tons, from Buenos Aires.-P. OLIVEIRA BOTELHO, Brazilian s.s. 281 tons, from O. Frio.¦•AMAZONAS. Brazilian s.s. 926 tons, from Buenos Aires.-F1TKPATRICK, British s.s. 2837 tons, from lquiqui.-.JÚPITER. Brazilian s.s. 1067 tons, from Montevideo.-PETROPOLIS, German s.s. 3094 tons, from Hamburg.

FAu*. 23

23.23.23

SAILINCS FROM THE PORT OF RIO DE JANEIRO

During the week ending August 29th, 1912.

23232424.2424.24.24.24.24.24.24.25.25.26262626.

?SKif27.272727.27.27.27.27.27.27.2?28.282828

_$ü .PMijeii

2829.

:29.-t\tü

ESPAC.NE, French s.s. 2479 tons, for Buenos Aires.—O VI1 ORTEGAL. German s.s. 4727 tons. for Hamburg.—1NDIAN, British s.s. 5990 tons, for Trinidad.—BRASIL. Brazilian tug, 50 tons, for Oabo Frio.—RAPHAEL, British s.s. 2888 tons, for Santos.—RJO S MATHEUS, Brazilian s.s. 132 tons, for S. Matheus.-ITATINGA, Brazilian s.s. 926 tons. for Porto Alegre.—P. 'OLIVEIRA BOTELHO, Brazilian s.s. 281 tons, for O. Frio.—ANGRA, Brazilian s.s. 319 tons, for Santos.—ARVCVTY, Brazilian s.s., for Manáos.—ST. UliSULA. German s.s. 2340 tons. for Rio Grande do Sul.—SZEGED, Huhgariau s.s. 1793 tons, for Santos.—E1DSVOTD Norwegian barque, 1668 tons, for New York.—JAPANESE PRINCE. British s.s. 3078 tons, for New York.—ORION, Brazilian s.s. 540 tons, for Montevideo.—MARANHÃO, Brazilian s.s. 773 tons, for Manáos.—PRUDENTE DE MORAES, Brazilian s.s. 496 tons, for Laguna.—NORDZEE, Norwegian tug, 13 tons, for Buenos Aires.—ACRE, Brazilian s.s. 894 tons, for Manáos..—CORDILLERE, French s.s. 3017 tons, for Buenos Aires.-RUTMERGLEN, Bntish s.s. 2742 tons, for Wellington.—PAULISTA. Brazilian s.s. 1272 tons, for Antonina.—1TATIBA, Brazilian s.s. 553 tons, for Porto Alegre—VAUBAN, British s.s. 6536 tons, for Southampton.—TENNYSON, British s.s 2532 tons, for Santos.

S.AYOIA, Italian s.s. 3099 tons, for Buenos Aires.-ANNxV, Brazilian s.s. 247 tons, for Florianópolis.—PLATA, French s.s. 2780 tons, for Buenos Aires.—ELF-EN, Britiàh s.s. 2776 tons, for Santa Lúcia.—ETHELRED, British s.s. 1705 tons, for Teneriffe.^TROPEIRO, Brazilian s.s. 548 tons, for Porto Alegre.r-ASIATTO PRINCE. British s.s. 1791 tons, for Santos.—HANS B, Norwegian s.s. 2780 tons, for Santa Lúcia.—K, -Wl T.HE LM- 11, German s.s. 5764 tons, for Buenos Aires.—1TATTUBA. Brazilian s.s. 613 tons, for Porto Alegre.¦ÂTLANTIQUE, French s.s. 3501 tons, for Bordeaux.—ITAPEMA, Brazilian s.s. 825 tons, for Pernambuco.-HIGHLAND CORRIE, British s.s. 4621 tons, for London.W&8i&$A'< British s.s. 4539 tons, for Callao.-ÁW3ENTTNA.. Italian s.s. 3047 tons, for Genoa;? a*-ORITA, Bntish s.s. 5817 tons, for Liverpool."Í?PmT,AND,A' Dnt("n s-9- 4603 tons, for Amsterdam^bATL.LLlTE. Brazilian s.s. 887 tons, for Sergipe.

Aug. 21,21.21.22.22.22,22.22.22.23.232323.;,2323.24'2424.'2525

"-25

25..fí.r.,',25.- ''25.'

26.-26.-27.-27.-27.-27.-

.a 27,,.27.-27.-27.-28.-28.-28.-28.,28.-

28'.-28.-28.-

.*-'*"28;.

ARRIVALS AT THE PORT OF SANTOSDuring the week ending August 29th, 1912.

I^nm^^HV^- s-8- 3051 tons' from Naples.

n?i£ ó ' *rLtl3h 8-s- 224° ^ns, from Ne York.mTnn^T?a118h 8-8' 3667 tons, fr°m Buenos Aires.•Û^NIA Austrian s.s. 3153 tons, from Buenos Aires.fí§£v £A* ?v^lian ss- 201 tons, fr-m Fl-r.anopolis.¦si5í5*J?ra,zllian s-8, 554 ton8' from Montevideo.—LORD DEVONSHIRE, British s.s. 3112 tons, from New York

^S^PI^l. British 8-9- 2567 tons, "-m"

OTdeSSx. "

'"^S Brazilian s.s. 300 tons, fròm Florianópolis.~JÀCT^X~Brazl1ian 8-8- 654 tons. from Pará."~S í™?™^?"^ ,. 8-8- 268 tons, from Halifax.~PPTY^?tRP°' Itahan 8;8òn4115 tons- from Genoa.

m&m Tnw2-IWna8,Bi.--2í80 tons' from hamburg.'~érv& JOHNSON, Swedish s.s. 2123 tons, from Stockholm.'^,S5rr*S?rIâii_*fí?i 2526 tons' from Hamburg." OCKnoim-.;-

"'SííSfrSrTrTW1? Sm- 2898 ton8' from MveruoÒI.~PT?SlQUJ;lR-V Brazilian 8„s- 837 tons, from Rio dee Janeiro.~?mAN™' brazilian yacht, 52 tons, from Itajahy. üd,neiro-'•"ÍSi-nS" 'r(Bra-i.1-lian 8-s-r513 tons. from Porto Alegre.~™ffi™nB.ra£lliaV-8, 540 tonfJ. from Rio de Janeiro.^SêiWM» Brazilian s.s. 926 tons, from Pernambuco.~M

??'>£îLPl£nch 8-8' 2478 tons from Marseilles.¦^fE^^^75D_u"teh s-s- 3525 tons, from Buenos Aires.í^rímW-^í-îW s,s- 779 tons, from Porto Alegre."ÍTAITUBA Brazilian s.s. 613 tons, from Porto Alegre.inríim^^L^ Brazilian s.s. 253 tons, from Paranaguá.•-AQUITAINE, French s.s. 1988 tons, from Buenos Aires.-M. DE LARRlNAGA, British s.s. 2668 tons. from Cardiff.

Í&íSÍ?. MOBAES, Brazilian s.s. 496 tons, from Rio de Janeiro.-ORITA, British s.s. 5807 tons, from Callao.-WOGLINDE, German s.s. 2580 tons, from Rio Grande do Sul.-VILNA, Argentine s.s. 360 tons, from Paranaguá.r"A^íiANTIQUB' Fj'ench s.s. 3501 tons, from Buenos Aires.-bZEGED, Hungarian s.s. 1783 tons, from Trieste.-ARGENTINA, Italian s.s. 3047 tons, from Buenos Aires.-CORDILLERE, French s.s. 3016 tons, from Bordeaux.¦HOLLANDIA, Dutqíl s g 46Q2 tongj from Buenos Aires>aíroJF11' Brazilian s.s. 567 tons, from Montevideo.~££§í^rtlrîlian,.s'8' 192 t°ns. frm Rio de Janeiro.

a ílmFJ°?; Brazilian s.sí 885 tons;, from Porto Alegre."SAX01A- -ttalian s.s. 3099 tons, from Genoa.~WíWi »PJl ?A.RIS' french s.s. 3263 tons, from Glasgow.mîâES?11?!1 .B:8i 3480 tons, from Marseilles. n ;_S?JS?^l,r^8ll„8-8i25^ôns' from New York."sw™qw°TOTwn!f

l^l11 9-8o,3-3o57 tons from Gothenburg.IYSSSmPaRI a0E' Bwltl8h *4l\ 2378 ton8« from Rosário.-BARCELONA, -Spanish s.s. 3663 tons, from Barcelona .

HlííSAILINCS FROM THE PORT OF SANTOS'«¦'Jr- -: ' '• ' •' r. , a •¦ ". , - 7 .;¦-.,- - ¦During the week ending August 29th, 1912.

Ang-teMgAffiETtPRaINCE, British s.s, 3078 tons, for. New York.^--INDIANA. Italian s,s.'3051 tons,, for Bitenos Aires. -w qSSS1^' Austrian s.s. 3153 tons, for Trieste.2Z.—SÍRIO, Brazilian s.s. 554 tons, for Rio de Janeiro.

22.—VICTORIA, Brazilian s.s. 554 tons, for Rio de Janeiro.22.—OADIZ. Spanish s.s. 3667 tons. for Barcelona.23.—LAGUNA, Brazilian s.s. 300 tons, for Rio de Janeiro. :23.—P. UMBERTO. Italian s.s. 4115 tons, for Buenos Aires.24.—LINCOLNSH1RE, British s.s. 2567 tons, for Buenos Aires.24.—AXEL JOHNSON, Swedish s.s. 2123 tons, for Buenos Aires.25.—ORION, Bra?ilian s.s. 540 tons, for Montevideo.25.—ESPAGNE, French s.s. 2478 tons, for Buenos Aires.25.—ITATINGA, Brazilian s.s. 926 tons, for Porto Alegre.25.—ITAITUBA, Brazilian s.s. 613 tons, for Bio de Janeiro.26.—ASSU', Brazilian s.s. 613 tons, for Rio de Janeiro.27.—BOCAINA, Brazilian s.s. 871 tons, for Rio de Janeiro.27—PRUDENTE DE MORAES, Brazilian s.s. 196 tons, for Laguna.27.—ORITA, British s.s. 5817 tons, for Liverpool.. ; >f27.—ATLANTIQUE, French s.s. 2501 tons, for Bordeaux.27.—AQUITA1NE, French s.s. 1988 tons, for Marseilles.27.—IT AQUI Brazilian s.s. 513 tons, for Rio de Janeiro.27.—VILLA BELLA, Brazilian s.s. 253 tons, for Rio de Janeiro.27.—ARGENTINA, Italian s.s. 3047 tons, for Genoa.27.—CORDFLERE, French s.s. 3016 tons. for Buenos Aires.28.—JÚPITER, Brazilian s.s. 567 tons, for Rio dè Janeiro. ' .28.—PLATA, French s.s. 3480 tons for Buenos Aires.28.—HOLLANDIA, Dutch s-s. 4602 tons, for Amsterdam.28.—SAVOIA, Italian s.s. 3099 tons, for Buenos Aires. ^>28.—ZAANLAND. Dutch s.s. 3525 tons, for Amsterdam.28.—M. VILLAOS, French barque, 1941 tons, for S. F. Califórnia.28.—BAROELONA, Spanish s.s. 3663 tons, for Buenos Aires. !'

Sailing-ships Afloat at the Port of Rio de Janeiro.

August 31st, 1912.

MARGARET. Norwegian barque, Capt. Stevens, from Rosário. OrderArr. May 4th.

BAMVA, Norwegian barque, Oapt. Raltmann, from St. Andrews, Order,Arr. June 16th. ¦-h

PROFESSOR KOCH, Russian barque. Oapt. Jansen, from Bremen,H. Stoitz & Co., Arr. June 24th. __

ANACONDA, Norwegian barque, Oapt. Johnson, from Hamburg, Order,Arr. June 25th. 77.

TERPSICHORE. German barque, Oapt. Noucile. from Antwerp, OrderArr. June 25th. "... -í';.\

ORIENTE. Italian barque, Oapt. Scotti, from Marseilles, Order. Arr.July 9th. ii"-;i'-'-._

FORMOSA, Norwegian barque, Capt. Ellesmere, from Gulfport, D. J. daSilva, Arr. July 9th. ¦ ,„ Â , _ .

BLANCA. Norwegian barque, Capt. Wettern, from Gulfport, A. Fontes,Arr. July 9th. ,

OELTIO RACE, English brig, Capt. Henry, from Cardiff, AmaralSutherland <!!• C >.. Arr. July 24th. ' :_

HILLCROWN, English barque, Capt. Reid, from Swansea, Amaral,Sutherland A Oo, Arr. July 28th. ,..

PORTO PARA' Pirtuguese barque, Oapt. Saltão, from Oporto, BorlidoMaia & Co. Arr. August 4th. -a a.

OALBURG, English barque, Capt. Otterson, from Rosário, Fry, YoaleA Co.. Arr. August 5th.

SIRAH, Norwegian barque, Capt. Alxen, from Rosário, Herm, StoltsA Co.,' Arr. Augtist 6th.

NONNE ÂNGELO. Italian barque, Oapt. Regetle, from Marseilles, PauloSoares A Oo., Arr. August 12.

DOROTHEA, Russian barque, Capt. Jansen, from Quebec, Paulo Soares A Co., Arr. August 12.

OARL, German barque, Capt. Hentz, from Hamburg, Herm, Stom& Co., Arr. August 19.

ANTÔNIO PRADO. Italian brig, Capt. Patrone, from Marseilles, D. J.da Silva, Arr. August 20th.

SOFIE, Norwegian brig, Oapt. Helten, from Pensacola, Order, Arr.August 27th.

MAELLA, Norwegian brig, Capt. Aes, from Pensacola, C. da CostaA Co-, Arr. August 27th.

NJAD, Norwegian v^rig, Oapt. Vander Loo, from Bremen, Herm, StoltxA Oo., Arr. August 27th.

O. R. VINNEN, German brig, Capt. Kirchner, from Cardiff, Order,Arr. August 28th.

H OSEfoi* ali puvposes.

- ! \l7/... í {

CAUTION.—£50 REWARD.MERRYWEATHER AND SONS Ltd.,

hereby caution ali Colonialand Foreign buyers of their"Extra Dub-Sub," " Dub-Sub," "Merrysuper," andother brands of Fire Hose, tosee that their name as well asthe distinçtive brand appearson each TéngÜL

£5 O reward will be paidfor information leading to theconviction of any personpirating any of Merryweatherand Sons' Registered TradeMarks. _____Write for Pamph/et "HINTS ON HOSE.'

264 IX.

MERRYWEATHERS,63, Long Acre, LONDON W.C.

ii h

September 8rd, 1912. THE BRAZILIAN BEVIEW.

IS THIS MAN GIFTED WITH STRANGE POWER?Prominent People Say He Reads Their Lives asan Open Book.

Do You Want to Know About Your Business, MarriaUeChanges, Occupations, Friends, Enemies, or what to do toAchieve Suecess?

Test Readings Free to ali «Brazilian Review» ReadersWhoWrite At Once.

Attention of the mystically inclined seems to be centredat present upon the work of Mr. Clay Burton Vance whoalthough laying claim to no special gift of supernaturaípowers, attempts to.reveal the lives of people through thetender clue of birth-dates. The undeniable aceuracv ofíiis dehneations leads one to sürmise that heretofore ralm-ists, prophets, astrologers, and seers of divers beliefs havevailed to apply the true principies of the science ofdi vin ation.

The following lettersare published as evidenceof Mr. Vance's abilíty.

Mr. Lafayette Eed-ditt writes: «My Readingreceived. With the great-est amazement I read, asstep by step you outlinedmy life since infancy. Ihave been somewhat in-terested along these linesfor years, but had no ideathat such priceless advicecould be given. I mustadmit that you are indeeda very remarkable man,and am glad to use yourgreat gift to beneflt yourclients.»

The scientific value of your Readings cannot be fully apprelmeans suecess and happiness.»ir,™ t"raêm5nts hf™ been made to give free test Read-ings to ali readers of the «Brazilian Review», but it isX°=^+vqUeSted tha* those who wish to avail them-'™.° thl«

ênerous offer make application at once. Ifd^rnSrt*

d,elmeatl0P of your own life, if you wish a truedescnption of your characteristies, talents, and opportuní-of vnfrîfTf'7°Ur,fu11 name' the date' month and yearoLlíí il? (S*ate Whet.her Mr" Mrs- Gr Miss)' and alBOcopv the following verse m your own hand writing:

«Your power is marvellousSo people write,

Please read my lifeAre my prospècts bright?»

SenJyour letter to Mr. Clay Burton Vance, Suites/No111 %7^RÍ°hv1Íeu' Paris' Erance- If y°u wish you mavynoioae 600 reis (stamps of; your own country) to pay pos--aere-, clerical work, etc. Please note that 2Ò0 reis postage•s required-on letters posted to France. Do not enclosn<oms or sílvér in your letter.

CHRTST CHURCH,RUA EVARTSTO DA VEIGA, No. 61.

RIO DE JANEIRO.Alight from trams in front of the Municipal Theatre, Avenida Central

SERVICESAccording: to the use of the Church of England.

FIRST AND THIRD SIJNDAYS OF THE MONTH.Matins. Holy Communion, and Sermon at 11 a.m.

OTHER SUNDAYS OF THE MONTH:Matins and Sermon at 11 a.m.Holy Çommtmion-í at 9 a.m. ,

MARRIAGES, BAPTISMS, CHURCHINGS, ETC.By Previous Arrangemént with thè Òhaplain, the Rev. W. Graham

• A. or the Verger Mr. • Strube, at the British. Library, Rua do Ou-vidor, 106. ~Zr ' i:>" ^'- ". ;.;

BRAZ,L-ADRIATIC-LINEOF

The Austro-Americana S. S. Co andThe Royal Hungarian Sea Navig. Oo "Adria^Ltd

•

Regular «ülines from Santos and Rio de Janeiro for Malaga, AlmérULBarcelona, Naples, Oran, Algiers, Malta, Trieste, and Fiume, and withtranahipment, for ali Mediterranean, North Afriean, Levant, East Aaiaticand Austrália» ports

The Fast and Luxurious Twin-screw Steamer«KAISER FRANZ JOSEF I»

12,500 tons reg., speed 19 knots, sails on 21st October,For Teneriffe, Barcelona, Naples, and Trieste.

NKXT l>Et» UtrilHF*FOR EUROPE :

• soPHUHbHésBKÉG.::::.:: í_"«^*-3ZEGED xoth „•ATLANTA i9th ,• OCEANIA 2nd october

FOR ÜJVER PLATE :•ATLANTA 3i

d September ¦•oceania ;; l0th » ;n u-

'JaVe ^«L"161"8 are fitted with wireless telegraphy and carryCabm & Steerage Passengers for Las Palmas, Umeria, Barcelona, NapU*

Forcargo apply to H. Campos, Rua Visconde de Inhaúma, 84For passages and further information to :

Kombauer Sc Co.

RÜA VISCONDE DE INHAÚMA No. 84-Itio de Janeiro

RUA 11 DE JUNHO No. IA—Santos y¦'¦ li ¦ i' li

".!

Hambnr_--Sadameritanisctie--Daioprscbíffrabrís-Ges^lscbaftIN CONNEG1ION WITH THE '^

Hamlori - Amerilra LinieTABLE OF DEPARTURES

'"'¦'V-™

-

Express Service to EuropeFAST AND LUXÜRIOÜS TRAVBL;

K. WILHELM II 14th Sept.CAP VILANO ..... 26th »CAP FINISTERRE 30th »«LUCHER 5th Oct.CAP ARCONA s 12t,h »K. F. AUGUST J9th »

GAP ORTEGAL. . .;; ; SOth Oc^>Íf¥CAP BLANCO.........,. ftth No.YÍ%<:CAP VILANO 25th • WBLUCHER „. 7th I>ec ..'.'.

K. F. AUGUST...../.. 28rd »CAP ORTEGAL. ¦ .;:.. 7th Jan

These .fine, magnificent and first class twin screwsteamers are fitted with the lates > improvements and offerto first class passengers the highest modera comfort.

'The s.s. Gap Finisterre and Blucher are the largest

nnd ouickest steamers between. Europe and South America.

Express Service to River PlateCAP VILANO.......... 7th Sept.CAP FINISTERRE..... 13th »

BLUCHER .......;;.;.v i I7th Sapt.CAP ARCONA....;.,... Í4th »

Intermediate Service to Europe;First Class Steamers with a limited number of fiwt clan

cabins. -;/

asuncion....:;;^.,.^ nth oct.HAB^BURG... ...; 14th »BELGRANO. .v;....;^. 26th »

PERNAMBUCO 6th Sept.CAPVERDK 16th »SAN NIOOLAS 27th »CAP ROCA............ 80th »

v"' nassagea and further information apply to theAgents: '-';- '¦Aíy:yyy:y,yy C]

THEODOR WILLE & Co., 79 Avenide Bio Bi

m'"¦¦¦i

¦ -m

Í!,ttüí-Ví ¦h:

^^^^^ -¦ ¦¦'¦'-'.¦.'. ¦¦'.'.

¦'

l«*2 T*frmfàflmm ^vmw. September 'B&fWfâ

w

li¦>

<êl De Sure You fire Right-ThenQg mm*The man about to buy a player piano

sfyould have this quotation in mind.Pleasure only can be had of a player piano

when.the player is rlGHT.¦V -J.l fc. ¦ !••

liU It is helpful in making your player pianoohoice to know that the record of

£i)e Jiufopianois a record of achíeveirients.

ffn "four 'years The AUTOPIANO has receivednine gold medals, aniong them the highest àwardsat the Turin Exhibition in Italy, 1911, the Man-chester Coronation Exhibition, 1911, and ali the otherInternational Exhibitions oi importance held in recentyears. , The ( great composers, Puccini and V/ictorHerbert,*aré owners of AUTOPIANOS and are en-dorsers of its artistic possibilities. The unfalteringreliàbility of the AUTOPIANO under ali conditionshas made it. the tChoice of the United States Navy» ;there are over 50 on as many United States WarVessels. In addition to this a number are in servicein the British, Russian and Chilian War Fleets.

As a result of the qualities that brought theseachievements the popularity of The AUTOPIANOis worid wicíe—there are over twice as many in useas any other player piano.

AH this is proof positive that The AUTOPIANOshould have your first consideration if. you aretninking at ali of the purchase of a player piano.

1 An Entertainer for the Home thatJPleases Everyone.

Zhe jftutopiano.This player makes a pianist of everyone, furnishes

the accompaniment for singing, pro vides inusic fordancing; it places without practice the popularclfffsV òf the day or the most intricate classics—ali with the marvelous touch and accuracy of a mastermusjcian.

¦.¦.*.(,¦$.¦??#':i.siixx_i,le is the operation that . a chilcl canmaster it; so capable of the slightest modula tion isthe expression that it is a never failing source ofdelight to the Io ver of müsic.

r« Now, BE SURE THAT YOU GET "

Zhe Jftutopicmomanufactured by The Autopiano Company, NewYork, the Original Inventors of the Player Piano whoooined the word «AUTOPIANO» and registered it inàll countries.

There are Dealérs right here in town who òffercheap German, and Belgian player pianos as «AUTO-PIANOS SUÒH AND SUCHY; we did not stop thembecause we appreciate this perfectly sincere FLAT-

^_SEv%^w-^^r^ ^H 3i(\^u v\^_ ^^B5S5_^i^_^_^_^_^_^_^^_^^^BSSBKB1»>-^b^B^B^^^^^^^B^^^^^^^K_C_k9Ú_k ^^^k> Bff^^ V%ívv\\.\\\L\tT^^^-^ —-— ^^^^^^^^^^^^rmmmmmmmA

^MAPHS|^L ^^kW*' wM _^>^vt*ffl^Sr\vPB Bg^=g^___g——-m_^#^_BI_B_BI

_._>^ <-j&y N_| M_^^^vSv^tcPÍ _£!_<

YARROWS

TERY TO OUR PRODUCT; now it is UP TO YOUTO INVESTIGATE AND TO LOOK OUT FOR3MITATIONS.

May we have the pleasure of demonstrating themarvelloüs «AUTOPIANO» to you? Informal recitaisdaily at the Showrooms of the Autopiano Co.

RIO DE JANEIRO:. 117,. Rua de S. .José (Corner of the Largo da

Carioca) where every Bond (streetcar) of the Com-panhia Jardim Botânico will stop awhile in orderthat evéry passenger may. get at least a glance atthe GENUINE «AUTOPIANO».

Terms to suit evéry pocket; cash sales, instai-ment sales and Club (carta patent of the Federalgoyernment.no. .15).

We furnish catalogues and information gladlyto everyone.

First rate Specialist for tuning and repairing ofany kind of pianos anl player pianos.

STEPHEN SCHÀÉFEI^General Agent for Brazil.The Autopiano Co, New York.

y

w.aifí>8 iT:!vi51011$ i- 5

draught OI EAiVItrvO».,..,-.

fJÚún '¦¦..,

'•>:•)'; I .1; íi .¦".:-¦¦;¦:.. . ¦>..!¦'/'] ......

«\-v

YARROWS make a speciality of SHALLOW-ÕRAUGHT RIVER STEAMERS, either propelled by a STERN-WHEELor by SCREWS WORKING IN TUNN.ÉLK.'.flttêd'with YARROWS PATENT HINGED FLAP, by which means aconsiderable increase in speed is obtained without increase of cost. Vessels can be delivered whole, in pieces, Ót*in floatable sections arranged so that they may be readily united while afloat.

v» 'j^yL <i... *ss For particularsaprply tb:— -

YARROW & Co., Ltd.; Shipbuilders, GLASGOW. (kJSETSh&m}

sipinifâ m;Kim. rWMM\mMftmr mm^•CURRENT COFFEE FREIGHT RATES,;:.;?; IN FORCE SINCE APRIL 15th. 1912.

R|°- Santos.Adani«via Trieste» 60/-in full. 60/-in full.AgUilles .........••••• 73,00 írus. in full. 7f_ riíi fri.c .« .• nAlexandretta*» 85,80 frcs. in full. 85 80 S0H' 5, ! nAiválir,,.»». 85,80 frcs. in full 85 80 ír™ £ UAlexandria" ,. 76,80 frcs. in full" 76.80 ícs n fuilAlgiers" 74.40 frcs. in full. 74.40 frcs* in iAlioante 60 frcs. in full. 60 fros. iii fuíl. - SâíS»*.' "' '""'" Ç0 írcB- in full. 00 frcs. ui inhAuisteraam 45/.& 5 %, 40/..V 5 c££?íí_í£* 1 nnn"v.VÁo ¦"""" 75.60 fros! in full. 75,60 fros."in fullAntwerp 1,000 Kilos 45/-& õ %. Wi.& ü °ià^r • PB. -'•—• *¦> ;••• 87 .frcs. in full. 87 fros. in fullBarcelona^........................................ 60 frcs. in full. 60 frcs. in full.^.a?fl0^*Ji .'......'...'.'..:......... 129 frcs. in full. 129 frcs. in fulljiatoum-r ., 79.80 frcs in fuU 79 80 f . •

,?flffi ""•" ""'• -

3V frc8- in fu«- 82-80 fros. in fullnilUau wj trcS 1TI full fi7 f—no in F.,11

ssstsr% -3_r •-••- ?## S/SríFúir.Enaoorueaux, shwkuob........................ 4a frcs. & J(l ., J5 jrcs ^ ]() .^Bràüa 85,80 frcs. & 10 %. 85,80 frcs & 10 %3r?men «/-& 5 %. 40/.& 5 %BSlÂi^'^-b^:lowioi::: ?y.rcs-in ful1- _&&**in Uúl-Oadiz (Spaniph line)....; '. oo frcs. in mil. 60 frcs ih fullOalcuttá avia» Trieste 66/-in full. 6(/-in fu'"Oarthagena ...i............,.; ............-.60 • fros. in full. 60 frcs. in fullüavalla 79,80 frcs. in full. 79.80 frcs. in fullGesmeok 79.8O frcs. in full. 79.80 frcs. in fullOhnstiania ........... 52/3 in fíill. 47/ in fu 1Cienfuegos «via» Antwerp A Bre- .-•;;",men 75 & 5 % in full.

Oolombo 60/-in full. 60Mn funConâtuiople" ^ ^ ^ ^Copenhagen 47/6 & 5 %. 42/6 & 5 %.X *¦ -. 79.80 frcs. in full. 79.80 frcs. in fullüorufia ....¦.....;...;.;....;....•..•...¦.;....„.-...... .54 frcs. in fun. 53 írcs in fullüurracnee 60/.in full. oo/-in full.Dedeagatch'» ....a.:...........:........;..... 79.8O frcs. in full. 79.80 frcs. in full.™me,; 45/-& 5 %. 40/-& 5 %.Ualatz .••••••;• .......:.. 85,80 frcs. in full. 85,80 frcs. in full.Genoa 1.000 kilos 48 froB. & 10 %, 48 frcs. & 10 %.uipraitar 55 frcs. in full. 66 frcs. in full.«ôn 56 frcs. iQ lui|. 56 frc.s. ,R fun.Gothenburg .......... 51/3 jn fuli 46/.i_ full.Hamburg .. 45y.& 5 o/o 40/.& 5 %.Havana «via» Las Palmas, Ha-

laiga, Barcelona 00 frcs. in full. 05 frcs. in full.Havana «via» Antwerp Bremen... 52/- 8 %.Havre, 900 kilos —.„ 50 frcs. & 10 %. 50 frcs. & 10 %.Hongkong «via» Trieste ...:. 66/-in full. 66/-in full.Huelva 67 frcs. in full. 67 frcs. m full.Kobe «via» Trieste .;... 66/-in full. 66/-in full.Kustendje** 79.80 frcs. in full. 79.80 frcs. in full.Lisbon #.... 35/& 5 o/o. S5/-& 5 %.Liverpool 45/.& 5 o/o. 40/-& 5 %.London cargo s. 45/.& 5 %. 40/& 5 %.

Do mail s. 45/-& 5 %. *5/-& 5 %.London opt. cargoes 45/-& 5 %. 40/& 5 %.Madras 60/-in full. 60/-in full.Malaga '

60 frcs. in full. 60 frcs. in full.Malmoe 52/3 in full. Í7JTc-1 • < „Malta" 74.40 frcs. in full. 74.40 frcs. m full.iManilla «via» Antwerp Bremen... 80/-& 8 %.Marseilles 1.000 kilos 48 frcs. & 10 %. 48 frcs. & 10 %.Mersina..... "" C9 frcs. in full. 69 frcs. in full.Messina** .... ••——... ^^ frcs in full 6720 frcg in fullMetélino** ~.^^Z^Z^'^'' 85,80 frcs. in full. 85,80 frcs. in full.Montevideo per bag"6o""kiÍos.'.'.'.'"V. i^200- i?3^0,,

'. „ ,Mostaganem** 76,80 frcs. in full. 76,80 frcs. in full.

Naples*» ... """"""

64,80 frcs. in full. 64,80 frcs. in full.New York

"••^""|""--""——• 50 cts. & 5 <%. 50 cts. & 5 %.

New Orleans per bag ..' '.'.'.' 50 cts. & 5 %. 50 cts. & 5 %.Odessa*» .

79.80 frcs. in full. 79.80 frcs. in full.

Oran** ••••—.••

^M {rcg in full 74 ^ frcg in fu]IPalermo** -—••••— —- 67,20^03.^^11. 67,20 frcs. in full.Patras**

79.80 frcs. in full. 79.80 frcs. in full.Penang. «vÍa7'Trierte*\\\"\".'.".':.*.'.".'.'.' 66/- in full. 66/- in full.Piraeus** 73,80 frcs. in full. 73,80 frcs. in full.Port Said** ........"."..'.' 76,80 frcs. in full. 76,80 frcs, in full.Rangoon «via» Trieste ..."..".''..'.'.'. 66/- in full. 66/- in full.Rotterdam 45/.& 5 %. 40/-& ã %.Santander .""" 72/-in full. 72/-in .full.San Sehastían ....

60 frcs. in full. 60/-in full.

Sansoun** ... """" ""

79.80 frcs. in full. 79.80 frcs. in full.Salonica** .'...' 73.8J frcs. in full. 73,80 frcs. in full.sevüie^ :...:::::::::::::::::::::::: 67/- frcs. in fun. m frcs ,m fun.bhanghai «via» Trieste 66/- in full. 66/- m full.airigapore «via» Trieste 66/- in full. 66/- in full.bmyrna** 73,80 in full. 73,80 in full.southampton (opt.) Mail 45/-A 5 %. 45/-A 5 %., Do cargoes 4B/-& 5 %. 40/.& 5 %.stockholm ...... : õl/3 in full. 46/-m full.3uez** 76 80 frcs. in full. T6.80 frcs. m full.Sulina** 82 80 frcs. in full. 82.80 frcs. m full.Pangier 79 20 fros. in full. 79.20 frcs. m full.iaraíonUfi r« frns in full. "6 frcs. in tull.""«gunue bO irca. 111 iu«i. a?^„„ i„ í„nTrebizonde** 79.80 frcs. in full. 79.80 frcs. m full.Trieste ......

4S/-A 5 %. 4°/"& s %•Tripoli** ¦•¦••• 82,80 frcs. in full. 82,80 fros. m full.Tunis** 74 40 frcs. in full. 74.40 frcs. m full.falência .......::::::::':'"""'" •——• 567frcs. in full. 56 frcs. in full.Valparaizo '

íontlonsf""

46/6 & 5 %. „„ —Varn'a** .

wpuons' %fa frc8. in full. 79.80 frcs. in full.

Venice** .....""'" """" 72 frcs. in full. 72 frcs. in full.^go ........::::.::::::'"¦'• •"•••••••• w frcs. m mi. 6o frcs, m fun.Tokohama «via»'*Trieste''

66^ in full> 66^' in ful1,

íi> »¦¦ \r ícia New York"'".'. 60/- & 2 1/2%. Per ton of 1,000Algos Bay and / >" Southampton 40/- A 2 1/2 %. kilos

Oapetown ) " -Hamburg.... '. 40/- & 2 1/2 %.

I '! Liverpool 40/- & 2 1/2 %.(via New York 60/- & 2 1/2 %.; 7,.

M , / " Southampton . 40/- & 2 1/2 %.Mossel Bay ) ». Hamburg...... 40/-& 2 1/2 %.

l " Liverpool...... 41/3 & 2 1/2 %.(via New York..... 60/- & & 1/2 %.

»¦-.* t ^ J "Southampton í 40/- & 2 1/2 %•Bast London ,) "Hamburg..,.. 40/. & 2 1/2 %.[ "Liverpool

41/3 & 2 1/2 %.í»ia New York..... 60/- & 2 1/2 %.

_ / " Southampton , 60/- & 2 1/2 °/o .Durban 1 "Hamburg..... 40/-& 2 l/2«%.I " Liverpool.. 41/3 & 2 1/2 %./ via New York..... 70/- & 2.1/2 %.

Dela.™ ««- ' '/, ?í>«thampton , 45/- A 2 1/2 %.uelagoa Bay 3il Hamburg.... , 40/- & 2 1/2 %.

PortW«.*oi l « Hêrpool / 55/- & 2 1/2 %./í^ftwatal«via» Southampton 40/- A 2 1/2 %.

HambS»06]^^8^ & Beira the freight must be paid here orlnaamburg «via» Liverpool the freights must be paid here or in Liverpooluonferences rates «via» Marseilles. and Genoa or Trieste.

«_^ ¦-.•)' 6.. ;:);%?%;àj -

lowlM, Soroggii. «'---CO,(THE OLDEST ESTABLISHED FIRM ÒF '^tiS0Ífâj

4CCOUNTANTS IN SOUTH AMERICA.)^"&.í • 7> ;;i7í.í .Ã#íl^í

?:¦)#Railway and General Auditora h^Mincorporated Aooountants and AgentsBuenos Aires, Rosário, MónteVlêó éktrui

Rio de Janeiro

f: .'>«';. f.. •••

t. U. D. FOWLER, F. S. A . A.T.C. E. FOWLER, F S. A. A.

V. G. G. SCROGGlE, F.; SÂÂ.GEO. WINTER, F. S.'À^'Á

Ind a Urge staff of Coinpstatit Assistants and Ekpei^à

• A- "' •• • • :">J.ilrili' 1 r

trinaiües' Accounts'(JnderiHkfc Iiivestigatioas and Reports on Public Ooin the Argentine, Uruguayan, Chilian, Brazilian

' r^âáè

anil other South American Republics; also legal representatioiif;of Companies, Firms, or others.

•¦>•..!• >U:;HEAD OFFICE:

Northern Insurance Building

441 Bartoloine Hitre, li.ie..»N Aiféa

í..^7; .ii 4<

C. B. A. I. & Lieber's Codes, '--í^ -¦ >>¦>•¦ p&i

Cable Address, 4 4QUITTAN6Ê?Viti

E. JOHNSTON & Oo. iii.SA1TTOS

rAM-íé".

UÍ.ÍCOFFEE EXPORTERS. STEAMSHÍP ÂSGENERAL COMMISSION AGENTS.

. >:

wm «1•C - ¦ ¦ .

1111 iiililiwS. José do Kio PardoRibeirão PretoTaubatéAmparo.

S. PauloS. Cario»S. Manoel |JahúJaboticabal

í:«/a;._ií

WOpen to accept sole represeutatioo. of manáíacti»^

General Agents In Brazil for the l

J Háiubiír^ Síidamerikanisciie OampfsclilÉalirl.Gesellsetoft. f

*- ' '?'' .,.*... ,, -A-A

W&M 'M EP ri ESENTÀTIV ES¦¦^S:*'' '¦ ¦-- --'¦'-' ¦'..".-.'-*' ¦ ¦-,-''' ¦" ¦

ii».- "';''''

¦.¦'*»¦*-¦'-; "!"' ..-..'-'¦'''

The. Guardian Assuranoe Company, Ltd,, London* IJhe., Sack Filling and Sewing Machine Syndféate, Ltd.,¦% Lòndcm; The State of S. Paulo (Bráizi^ Piire Coftee Co..? Ltd.; W. & T. Avery, Ltd. (Patent Automatic Weigherg.)

6, GREAT St. riÊLÍN%LONDON, E G;

¦ a

;7|

¦

ii

¦f.-'-lí!l

'¦$¦¦

¦¦¦ A.

I.'a'K|

Ifc

1064

ROYAL HOlIÃnÕ"íf LLOYD

Superior and Fast Regular Passenger

and Mall-ServloeNtxt Departures of the new twln-sorew

steamers

H0LUKD1A, FRISIA & ZEELANDIAFOE EUROPE:

Lisbon. (Leixões) Vigo. Boulogne. Dover.

and Amsterdam.

Date. Steamer.lOth Sopt ».'• s. "Frisia"

.;, IQtbOct s. s.-Zeolnndia"

Blst . S' h. "Hollandia"

21.stNov s.;s. "Frisia'

.«tb Dec í.b. "Zeelandia"

FOR THE RIVER PLATE:

Bentos. Montevideo and Buenos Aires.

ííndSept S;S. "Zeelandia"

Hth ool s; s. "Hoitandia''

Two big Òcean-Flyers now building.

Direot Tiokets to Paris and London

Por Passages and other information apply to

SOCIEDADE ANONYMA MARTINELLI.! 29. Bua Primeiro de Março, 29.

;i Por Freight apply to Sr. Campos.

Bv» Vieoonde de Inhaúma No. 84.

THE PACIFIC STEAM NAVIGATION CO.09""U

a*.PS.N.C

Royal Mail fast twin screw stea-

niers, with Superior accommodationfor First and Second class Passen-

gers.„,Fortuightly sailings: —

To Europe.

QBAVIA.ORONSA.ORCOMA.ORIANA.

12th Sept. _5/_t »

lOth Oct 23rd »

ORISSA 7th Nov.ORTEGA 20th »

' foyy

¦'¦¦>.< ...¦ • ¦

ToRiver Plate, Chile and Peru.í*0f •; • i

ORISSA.......ORTEGA ....ORÒPESSA ..........ORITA......V/J* A. VXjL>* •••••*•••••••

lOfcn Sept.25th »

8th Oct.23rd »5th Nov.

Wireless telegraphy.'Passenger tickets issued through to London

New York, Chile aud Peru.

¥V>r álí information apply to

y E. L. H^RRISON, Representative.

AVENIDA RIO BRANCO, 53-55,

MO DE JANEIRO.

THE BRAZILIAN REVIEW.

ReilfiiMtiÈlapMstieriii

JOHNSON LINERegular monthly service between

Scandinavia,Brazil and the River PlateNext Departures íor Chris-

tiania, Gothenburg, StockholmMalmo, and ali other Swedishand Norwegian Ports:—-

FOR EUROPE.

ANN1E JOHNSON..AXEL JOHNSON ..

middí« Sept.2nd Half Sept.

1 OU THE PLATE.

OSCAR FKEDR1K 2nd Half Sept.

For further information apply toLuiz Campos & Co., Agents — 84Visconde Inhaúma.

NELSON UNERegular weekly sailings of new and high class

; passenger stc-inors oí 8,000 tons each, fur

CHERBOURG OR BOULOGNE S/M AND LONDON.

First Class Passages from £18Second Class Passages.... £13

SAILINGS.

Highland Pridc ÍOth September.Warrior lTth do.Brae 24 ih do.Laddio lst October.Rover *th do.Glen 15th do.Pipn '-!'2nd do.Scot 2'dh do.Corrie 6th November

Throueh lickcls issued to Paris and New York,and to other cities of Europe and Canada.

Ali steamers have excellent accommodation forpassengers and carry Medicai Dociors and Stew»rd-esses.

,All steamers filtrei witli Wireless Telegraph.

Por passages and information appiy to

WILSON, SONS & Co., Ltd.,

RUA PRIMEIRO DO MARÇO N. 57

N ORDDEUT8CHER

KREMEN.

LLOYD

NEXT DEPARTURES.

Date .

Sept. 6

Steamer.

<Aachen>.

Destination

Sept. 13;«Bonn».

Bahia, Madeira, Leixões,Rotterdam, Antwerp aod tíre-nien.

Bahia, Pernambuco Ma-deira, Lisbon, Leixões, Ant-werp and Bremen.

Passengers & Cargo aooepted.Passenger routes.

Eio—Rotterdam, Antwerp.Bremen

Rio—Madeira, Lisbon, Lei-xões • •*••••••¦••••¦•¦•••*••••

For further information apply toHERM, STOLTZ A C, Agents.AVENIDA RIO BRANCO, 66-74 >•

t , i ¦.. ¦ ' -*•

September 8rd, 1913.

SOCIÉTÉ GENERALF.?< i, -."••ir D%, ;•/> /? •

Transporta Maritimes à Yapeur tft Marseilles.DEPÂBTUBES OF 8TEAMEE8

,,!!. FOB EÜROPB. ''• ' '• ¦'¦¦•).

ALGERIEESPAGNE

• • • 4th Sopt.llth »

forMarseilles, Bareelona and Genoa direot

í. gold.Through fares to Paris, lst. class . 723

Ditto. Ditto. 2nd. " ...... 610Ditto. Ditto. Srd. " ...... 199

Th rought fares to Paris(return),l8t.ela. 1,149Ditto. Ditto. 2nd. " ...... 62Ditto. Ditto. 3rd. " 34

Marseilles, Genoa, Srd. class 1171000Barcelona 3rd- class 1201000

Agents-ANTUNES DOS SANTOS à Oo..Bio de Janeiro. Av. Bio Branco, 14 e 16.

S. Paulo, Bua 8. Bento, 29

Santos, Praça da Bepublioa, 33

PRINCE LINERegular Sailings to the United State».

Splendid passenger servles.

DEPABTUBES -'

FOB NEW YORK.

POKTUGÜESE PRINCE I2thSèpt.i>

FOB NEW ORLEANS.

SWEDISH PRINGE 20th Sept. -

AGENTS.

DAVIDSON, PULLEN & Go

145 RÜA DA QUITANDA 145

RH/1 C Tf)e «oy-l Mr.li

,111 • Otl Steam Paokat CompanyUnder contract with the. Britiab and

Brazilian Governments íor carryirigthe mails.

Table o! Departerei.

Date.

Sept 69

» 16

» 18

Steamer,

Oct.

24

8

9

14

16

2123

28

30

«Demorara»«Vandyçk» .c Arlanza»...

«Aragon»...

«Amazon» ..

«Arlanza»...

«Dahubè»...

«Amazon»...

«Asturias»..

«Araguaya»,

«Vauban»..«Danube.»..

«Avon»....,

«Asturias»..

Destinatic .

Buenos Ayres directo.M. Video & B. Ayres;

Santos. Montevideo & BuenosAyres.

Bahia, Pernambuco, S.Vincent.Madeira, Lisboa; :;Ler_õesVigo, Cherbourg & Southaiü-pton.*'

Santos, Montevideo á Bue"nos Ayres. •

Bahia, Pornambuco, MadeiraLisbon, Vigo, Cherbourg, &Southampton.

Santos Montevideo &, BuenosAires.

Bahia, Pernambuco,SVincent,Madeira, Lisbon, Leixões.Vigo, Cherbourg & South-ampton.'

Santos, Montevideo & 'Buenos»Ayres. ¦', . ,1

Bahia, Pernambuco, Mádeirs,Li sbón, Vigo; Chéfbourg, &Southampton.'

M. Vidèo & B. Ayres.. ,. ,Bahia, Pérnáihbucò.S.yihcem

Lisbon, Leixões Vigo, Cher-bourg, á Southampton.:

- autos, Montevideo. & Buenos¦ Ayres..';" '.'.'? -¦ ái\\'j; : .Bahia, Pernambuco, Madeira,

Lis)? ju, Vigo Cherbourg and; Southampton v:,^>^

Special attention H drawn Ço the iollowlne:...-.Holderi of flistclass tickets, single or retarn,

may break their voyage at ány intermediste por"^nd proceed hy any ot the PACIFIC «TIAMNAVIGATION or MERSAOERIES ^MARITIMB"-

> •tnpauy s 8team*,r«. ... r, . ..For freight;' paBiages. ànd ocner iniermatio'

»pply:— •¦ ) y ;;-! .vr.-'.-1"';. ..';."¦:•. i ': "'i.' ¦ '

Avenida Bio Branco, Nos. 63 ^d'66^'

E. LI HüRR IcdW•' ¦¦Ri^'-sMtili<l^'

iTHllt Central ;'-'-'-i.«ivi«* :l»"«,'*:'

¦

Sef>ítór%í#íMÜíê 8TJÍB__M_NT- OF THE BBAZILIAN ¦ BEVIEW..

A Mostly Móutl..z í.».:••"•..•> .<>¦¦¦'¦¦¦• % '•- ••'

k

Qoffeeíiy«'\ .Weelcly Sup^lemexi o í *The Brazil*•raztuan Revt

àâimov.-vl f;

: '#•/:';f t A...-1'"evxew

'<.; .1., • > í

byV . Io >')'-m'",. !

( - ( í-V-i J. P. WILEMAN.|;,í ,9 ri .

H-í , •/,¦*"•

ftjL(TO40S^

. • Vi '•' São Paulo, lst Séptsmber, 1912.

Havre. quotations.ior September options' closed y ster-cUy-Rt.80 francs. .. ,... .

M.*w H . '•' •

São Paulo, 2nd September, 1912.

:> .; ;j •_¦<¦• •' • ¦ • ¦ ' ••>.• . •

. .. ..'.,

(Special Telegramme.)

.!,..jí . . 'giig^tfróstlást^ríight ali over* State; severo ni some"'"''' dfetóts, especially Sãò Carlos, Jahú, Broganoa, Botu-

cutu. Tempéráttire1 at Eiberão Preto very low,<;"'tln'eatening frost tòiriight.

:.i >.'.i

..-Kii--

The strike'of tlie «ensaccadores», like that of thecarters, has ended, but that of the dock labourers at Santosstill drasfs. ouç its weary course, the men, reinforced by in-experienced hands recrulted from the dregs of Rio, léturri->A.t c/K

'¦-; : i.'..- •• '>-. ¦ ... , . ¦ já-.

ing gradually, though reluctántly, to their work."TtYs expected thatí the'Z^Z WÜ1 be entirely over this

week and loading and discharging be then in full swlng.*•*'¦" Í£'is'hign time'it' were, às if the snag continued muchlonger, the monetary stringency, already serious. cbtilcl notfítrl tòucaúse ;

great embáírassmenfc to shippers and commis-sai-ies' alike. <u •¦¦•>¦-< ••¦-,- •• •'"'•'¦' (Dfà the other hand;the virtual suspension of shipmentsh'à^:caüsed rio less embarrasment in- consuming markets,wlnidh^countédôn^rieavy 'áriip!mehts in August|- and prices,especially spot, have, conséquéntly,' reacted sharply and asBQ&ri as*.consuming. -markets reach the inevitable conví.ctionthat:the.current crop.wilhhe sjjiprt and the next one nothinglíkéiíwhat th» lively imagination of ènthusiastic Bears hasclepieted,, aeem Hkely to..go higher. still. , .

I write from S. Paulo, and :fi:on1 information gafclieredfrom reliable sources, uninfluonced by the manoeuvres ofBears or Bulls, the currenlrcrop will certainly not exceed8,000.000 bags. .,,:nf.In...the Biberão district it will be an average one, butlêlo^ê êê^n^he^Paiilistai whilst in the Soracabana$M wÊ?^0^Ê0^3'- wil1 b® ^ècidedl^.smaíler.'

"

..; In this.c^se'supplies wilíbe insuificierit to meet current!'Qquirernehts anrl a fresh rise of prices seems inevitable.H •.^^,5?^..movement doincíded in point .of date. with thef^turnof the Commission of American; roasters, primed tothe hiít with information as to the"position of the local mar-ket, and determined to make a bold stroke to reduce pricesfor the current crop to a rate that would leave a profit forintermediarres without raisiríg the cost to consumers. Thecampaign turned chiefly on the fõp.'' heavy:- position of the-.;:.Santos market; tWmonetary stringency at San^>n4vS.Paulo and the exaggeráted reports diligently circül^d with s

regard to the prospects of the current and coming crop.The strikes were an. unlooked for factor, more embar-

rassing,,^ it.provedi,to the consuming than to producingmarkets.; .conséquéntly, as soon as the scare produced by the

onslaught subsided, prices reacted and are now well on theupward grade once niore. . J '

As regards the coming crop, fche information I')iáve'gathered from independent sources is that should conditionsremain favourable, it will be between 12,000,000 :,àhd12,50b,000 bags. -^ ^Z

In the Eiberão Preto and Paulista and Mogyària';#is^tricts generally it is expected to b3 about the sáme ás lasíryear's, but larger in the Sorocabana and Araraquara districtsand at Campinas. •; ' •"

It is early as yet to speak definitely as to the flowering/the trees having suffered eonsiderably in certain arèas fromthe drought, which lasted from April to August:' ' i;T

As I write news comes from the interior of: ééverè fifòstalmost ali over the State. The thermometer in th'^vGitJ 'ôf1

S. Paulo yesterday, 31st August, marked 2.2 degréès^'(G^8_ti-grade) above freezing, 8 at S. Carlos do Pinhal,!,ii9:8^;aVTaubaté, 9 at Piracicaba, 7.8 at Agudos, 9.2 at Rio^laro,"9.4 at Bragança, 5 at Avaré, 9.6 at Faxina, 93 at1 Itararé,12 at Brotas and 10 degrees at Eiberão Preto.. •..;.'

• Last night the cold here in the city was more intensestill,' and meteorological conditions pointing to..'; istilí.'!.ráÒÍ$severe frost in the interior. The degree of damage the. fros«ímay have caused just on the eve of the Septeinber. üower-ing can only be rightly appreciated as reports come in; butwhat is certain is that the prospects of the growing. cropmust have been prejudiced, possibly to a serious ex"téh%.That anything should happen to injure the -giowmg .^3^would be sincerely to be lamented, because'' as ; I náVe^rè^^peatedly said, it is essential in the interests of consumWàgthat thé. next crop should be a good one and.not. lres|ç?fcfe#íi12,000,000 bags. . ' .

",.¦.: - í

It is not to the real interest of producers tò push pricesto a'degree to affect consumption or to stimulatê competi-tion in other producing centres. ¦¦['¦] f.^&T^tíil

-For that reason thinking people will welcome a;goM^crop, large enough to allow consuming markets t'6'rejp||^|^'fche invisible supply, now almost exhausted. y'Z.¥r.*-Ísíg&0Zé But at present, at least, the hands of the S.^Páülc^^t^êrnment are tied by its obligations to the Comniittee;-' ahdprices must foliow the conditions of Supply ^nd êm%ndHwhich for some time to come can scarcely fail to favour theformer. :¦¦¦•'; Oi :)£êúlà)$

In thè course of the coming year the Valòritiátfbp,^^6gAyfcion; should be íinally liquidated, and S. Paulo be;free; iãftrSiõas may seem fit and to sell, if necessary, to'chèck áu-MÂÔ

Foi- the nioment, howévér,''the.cdUrse Qf;pri^èé'VôüId,seem to be in the hands of holders and planters, who„couWpush their advantage if they chose, and it is only .natural toexpect they will, without any consideration for the senti-. ....;•; ,... . , ... .: r ¦¦':'> ..¦ :_í:;-íe-;'_t'tô\s?i m:^myyment oi mtermediaries or operators in consuming markets.

; ít is «püill baker, pull butcher,» between theni', tHe out-come of which only the ultimate position. .of Supply andDemand will determine.

Of Iate the Bears have had the pull; now it would seemthe balance inclines almost irresistably «bulíwafds.»

i

¦A \)

:¦¦¦ -XM

m"¦*¦¦¦" ¦'¦Z

••¦; ~Z¦'

\

—-.—^ .-^ .,..—. _,_>.,.—¦-•¦¦'-'¦ -••" '. ¦¦'¦ -¦¦¦—¦**!

?V;^*#•!

IÍ SÜPPLBMBN* OF Trif fe^ZÍSÍÁír BÈ«ÍB^ ••: September8rd, IQia,

From every point of view a good crop next year or even

a lower range oi prices is desirable.From the revenue point oí view the more we export tne

greater the revenues of S. Paulo will be. Expenditure has

grown considerably of late and demands a oorrespondmg

increase of revenue.From the planter's point of view, so long as crops are

not. so unmanageable as to materially effect prices, the

more coffee produced Lhe better.From the consumers' and interinediaries' points ot

view, the lower prices fali the more they will make.

A good crop in 1913-14 is, therefore, from every point

of view desirable, if only because it would tend to remove

fric.tion and conciliate producing and consuming interests,

of late so greatly at variance.But conditions of Demand and Supply are not control-

able at desire by either producers or consumers, as we are

np.W experiencing, the meteorological conditions being, after

aUr the most powerful of ali factors.For a series of years crops have been under the average

and ínsufficient to meet the demand. Should the next

crop prove a failure, that is, not to come up to expectations,

as now seems quite possible, a position might arise that

would give cause for grave anxiety.It is well, in such a contingency, that the S. Paulo Gov-

e.mnwmt should still hold coffee enough to throw it into the

balance, if necessary, and prevent a rise that would bé

disastrous to the best interests of producers.

I have received several letters protesting against what

one writer described as the crazy buli attitude I have

adopted, inspired, as he imagines, by some dreamer or

ièealis-t well on the wrong side of the market.This writer, who is typical, states that «two years of

i/eckless Buli buying has completely upset the real relation

of Supply to Demand, and raised prices from 4$200 to

10$OOO on the expectation of consecutively insignificant

crops. Now,» he continues, «prices stand about 8$000,

with a crop for shipment of certainly not under 9,000,000

and probably more, whilst for 1913-1914 a very large and

probably record crop is expected; though in reality it is amatter of indifference whether 12, 14, or 15 million bags are

actually received during the crop year, as in no case willreceipts probably be allowed to exceed 13,000,000, even ifthe balance is left up country.

«This will only be the first of the bigger crops S. Paulowill produce, Twelve to fifteen millions must be countedon from 1912 to 1915 onwards, and within five years eventwçnty millions will not be too much to allow for S. Pauloalone.

. «Plantations are being recklessly laid out every where.ISot one single old tree has gone out of existence, the priceof 4$000 per 10 kilos being enough to make even dead treesbear. The value of land lias gone up 1,000 per cent. in twoyears but even so finds buyers. Money is very tight and ifprices fali, as unquestionably they will, the house that wasbuijtt upon sand will collapse, and 4$000 or, perhaps, 5$000

be the next programme Besides, cojûm|$irçi need not

wait for coffee so lon$ as there is crçrn an* o#s enough to

supply its place and bring; plajateçs t© ft# sensqs.JiI leave readers to, determine which is the more «crazy»,

ours or the Bear attitude, witf* t_>e< çemark that there aromore mysteries i?i the weather than, Bear philosophy everreckoned with.

As for prices, they may be le£t to the determination ofSupply and Demand, which, moreover, neither the, wishesof Bulls or of Bears can íundameutally alter one way or theother.

As for any fresh planting during the last ten yeais, itcannot possibly up to now have amounted to much, as

planteis were far too írightened» oí íhies to abuse the law verymuch. We know oí one plantation on which several: thpu-sand trees were planted during the period oi prohibition andpositively uprooted, as they were too conspicuous, and re-planted in a more retired spot.

It is childish to pretend that not a single tree ha& goneout oi produetion, when it is notorious tnat ail over thisbtate old trees are being abandoned, and tnat. in Minas andItio the decline oi produetion is positively alarming andihreatens the revenue oi producing States.

The área of good coiíee lanoî within easy rea^jh oi rail-ways is now exhausied in S. Paulo, and planteis, to exteuu,must go iurther afieid, pay the iancy prices for land ourcorrespondent eniarges upon, and wages higher than everknown beíore which rule írom 4$000 to 5$000 per diem.Labour, moreover, is difficult to get at any price, and thecost of laying out fazendas in outlying districts has raisedthe cost to 3$000 per tree even for considerable áreas of500,000 trees and much more in case of the smaller plan-tations.

The tightness of money is another difficulty in the wayoí intending planters.

Opinion, outside «bearish». circles, ppinta to. the. cpu-clusion that not only is over-produetion improbaJ}í#, if npiimpossible, but that unless plantation is imiê/Ll^tel^ ex-tended, the supply will inevitably prove i^§^%jep|i, ^ meeidemand, without even recjtoning on the usinai anuiuil. in-crease of 300,000 bags in consumiptjion.

It is for such reasons that the S. Paulo, authorities haveof late winked at the infringement of the __&w projaifeitfeignew planting, convinced that some expanftjjon ia essential inthe interests of producers and consumerai alike aí <*& $&financial interests of S. Paulo.

It is surprising, in fact, that good prices, have not yetstimulated planting on a larger scale. Ia the Êast therehas been some planting of Eobusta, mtermixed mòstly v?ii;hrubber, but chiefly as a catch çrop. But, so far, there hasbeen nothing done here or elsewhere on a comprehensivescale as in the case was done with rubber. But in jj? e in-terests of Brazilian planters it is advisable that they s* ouldkeep control and maintain supply on a fair footing withdemand.

¦j#v?"-"

*M.

í : ' 1 i '7'

.'u . ,¦ **a .< í7

BORLIDO MAIA & Co.

Documents

Transcript of BORLIDO MAIA & Co.