R.M.S.P.&P.S.N.C. BRAZIL RIVER

44
// / WSÍMm'* 1 razilian / '-"'"dF j •j*' mm A WEEKLY JOURNAL OF TRADE FINANCE AND ECONOMICS VOL. 11 RIO DE JANEIRO, WEDNESDAY, July 28th, 1920 / ^ V W7, í) w- fl / m '/j; fl / I * t /'y S JY. 30 i 1 ? \ s ..( R.M.S.P.&P.S.N.C. REGULAR SERVICES OF; MAIL AND PASSENGER STEAMERS from BRAZIL to SPAIN, PORTUGAL, FRANCE AND THE UNITED KINGDOM (Via St. Vincent C. V. and Madeira) CARGO SERVICES to UNITED KINGDOM AND CONTINENTAL PORTS ALSO MAIL, PASSENGER AND CARGO SERYICES to ¦0mm im ar! Immt RIVER /6N l S  I /^ w »¦£?> Í^Ja *»^ : ¦ a* '^t fí^fiB^ÍSr V* ill® and^^.wfei&mte^^ :i _PACIFIC PORTS^W^^^-^^" j-if'I- * ' i '-i-iw.il" ' ¦¦¦¦- iji m\²'ptfSmp^s&KKwift^Tl*&lJi?rí/±!*>> ^TrJU^r Particulars, sailing dates, cScc, apply to THE ROYAL MAIL STEAM PACKET CO THE PACIFIC STEAM NAVIGATION CO.' 53-55 Avenida Rio Branco, 53-55 SAO PAULO, Rua da Quitanda 18 (corner of Rua Sao Bento). SANTOS, Rua 15 de Novembro 190- y-J&yLó$ '/ivyyrVíiMr 3fci fimwiiiB8»JfnrreTr ^«S VV,!-

Transcript of R.M.S.P.&P.S.N.C. BRAZIL RIVER

// /

WSÍMm'* 1razilian/

'-"'"dF

j

•j*'

mmA WEEKLY JOURNAL OF TRADE FINANCE AND ECONOMICS

VOL. 11 RIO DE JANEIRO, WEDNESDAY, July 28th, 1920

/ ^V W7,

í) w-

fl/

m'/j;

fl ™ /

I * t /'y S

JY. 30

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1 ?\ W£

s

..(

R.M.S.P.&P.S.N.C.REGULAR SERVICES OF ;

MAIL AND PASSENGER STEAMERSfrom

BRAZILto

SPAIN, PORTUGAL, FRANCE AND THE UNITED KINGDOM(Via St. Vincent C. V. and Madeira)

CARGO SERVICESto

UNITED KINGDOM AND CONTINENTAL PORTS

ALSO

MAIL, PASSENGER AND CARGO SERYICESto

¦0mmimar! Immt

RIVER

/6N

l S Â

I /^ w

»¦£?> Í^Ja *»^ : ¦ a* '^t fí^fiB^ÍS r

V* ill®

and ^^.wfei&mte^^ :iPACIFIC PORTS ^W^^^-^^"

j-if'I- * ' i '-i-iw.il" ' ¦¦¦¦- iji m\ 'ptfSmp^s&KKwift^Tl*&lJi?rí/±!*>>

^TrJU^r Particulars, sailing dates, cScc, apply toTHE ROYAL MAIL STEAM PACKET COTHE PACIFIC STEAM NAVIGATION CO.'53-55 Avenida Rio Branco, 53-55

SAO PAULO, Rua da Quitanda 18 (corner of RuaSao Bento). SANTOS, Rua 15 de Novembro 190-

y-J&yLó$

'/ivyyrVíiMr

3fci fimwiiiB8»JfnrreTr^«S VV,!-

II WILEMAN'S BRAZILIÃN REVIEW July 28th, 1920.

The Great Western of Brazil Railway Company, Ltd,Direct communication between:

RECIFE (Cinco Pontas) and Maceió and JaraguáRECIFE (Central and Barão do Rio BrancoRECIFE (Brum) and Parahyba and Cabedello

COMMUNICATION BETWEENRECIFE (Bru m) and NatalPARAHYBA and Natal

On Sundays, Tuesdays, Thursdays and Saturdays.retuiaing on Sundays, Mondays, Wednesdays,

and Fridayg.

and vice-versa, on Sundays, Tuesdays and Thursdayssleeping at Independência.

The Great Western Railway system, with 1,621 klms. of linesat present in traffic, serves the following States:

Population700,000

1,300,000ALAGOAS PERNAMBUCO PARAHYBA RIO GRANDE DO NORTE

Área sq. kluis.58,491

128,39574,73157,485

Total 819,102

500,000480,000

2,980,000

Note.—The figures relating to inhabi-tants refer to the year 1906; 20 per cent maysafely be added to arrive at approximatefigures for 1917.

Development of the system and its traffic since 1905.Klms. in traffic

1,2761,4751,6211,621

... 1,621

... 1,621

190519101915191619171918

The steady progress of the zone served by the Great Western«liown by tlie above figures cannot fail to undergo further con-

I siderable impulse when the construetion of the Ports Jaragua(Alagoas), Cabedello (Parahyba), Natal (jftio Grande do Norte),»nd Recife (Pernambuco) is complete.

The plans and estimate of the first have been completed, whilstfche construetion of the Ports of Cabedello and Natal is beingoarried out under the administration of the Federal Government.It is expected that construetion will be accelerated on the conclu-

Ision of the present cnsis.

i The construetion of the Port of Recife on a scale and intechnioal conditions that will convert it into one of the most up-to-date ports of the Continent, is well advanced; an área amplysufficient for actual traffic has been completed and opened fortraffic.

The geographical pòsition of the Port of Recife is exceptionallyadvantageous, as it is practically the obligatory port of call forali ships from both Europe and North America destined for SouthAmerica and vice-versa, as well as for ships bound from eithereoast of North or Central America for the Southern Atlantic,whatsoever their destination.

Owing to its advantageous situation Recife is the port foratost of the produce of the rich tropical zone of north-eastern3razil, a fact which cannot fail to contribute considerably to the

progress of the neighbouring zones likewise.

Passengers1,813,4442,214,5031,975,586742,390

3,289,5623,720,075

Goods, toa*708,935907,135

1,066,2601,192.3941,366,6601,470,916

The favourable conditions and steady progress of this ¦eneshould attract the attention of European and American investorsio the zone served by the Great Western Railway.

Although tropical, the zone is exceptionally healthy and, in-deed, counts several health resorts, fíke Caruaru, Garanhuns,Floresta dos Leões, etc, to which residents of other and lesshealthy districts habitually resort.

The staple produets of the zone are sugar in tho lowland andcotton va the hinterland.

lhe soil is extremely rich and gives a splendid return—evenwithout manures—for cultivation of Indian corn, beans mandioca,carnaúba wax, maniçoba, cocoa, coffee, etc.

Almost the entire region served by the Great Western Rail-way is considered amongst the best iri the world for tropicalfruits.

The quality of pineapples, cocoanuts, mangoes, pinhas, bananasand goiabas, etc, grown in the north-east of Brazil, is famous, andtheir production and export certain, in the near future, to take verylarge proportions.

Important canning factories already exist, though this industryis yet in its infancy and its resources practically untouched.

Information regarding the zone served by the Great WesternRailway may be obtained on application to any of the Company'soffices as below:—

RECIFE—Rua Barão do Triumpho n. 328—Pernambuco.RIO DE JANEIRO—Avenida Rio Branco n.117, 2' andar.LONDON—River Plate House, Finsbury Circus, E. C.

July 28th, 1920. WILEMAN'S BRAZILIAN REVIEW III

LONDON AND BRAZILIAN BANK, LIMITED.ESTABLISHED 1862

A Capital, 150,000 shares of £20 each £3,000,000 \rg Capital paid-up £1,500,000 ^V Reserve Fund £1,500,000

^h^_vní,õdí^nw1Ro ::::::::::::::::::::::::::: í^K^^iá^ "•PARIS BRANCH 5> RUE SCR|BE> pAR|8

Sba" R^€acra„drrf^ac^f0o0W*Íng.,branCh_:8.: L,8bon'0port0' Manaos' Para, Maranhão, Ceara, Pernambuco, Bahia, Santos, 8. Paulo,Cur.tyba R,o Grande do Sul, Porto Alegre, Pelotas, Montevideo, Buenos Aires, Rosário de Santa Fé, Pari. and New York (Agency).

ir ««? t7i-° °\í

? f°"°W1"g Bankers:-Messrs. Glyn Mills, Currie and Co., London; Société Générale, Paris and Branches;Credito Italiano Italy; Hongkong and Shanghai Qanking Corporation, índia, China *.__. Japan; Credit Lyonnais and Anglo-Bo**American Bank, Ltd., Spam; Branches of the Banco de Portugal, Portugal.

CORRESPONDENTS.Slífíii"^"*! or Correspondents in ali the principal ports and eities of Brazil, Uruguay, Argentina, United States <* Europo.

THE BRITISH BANK OF SOUTH AMERICA, LTDHEAD OFFICE: 4 MOORG ATE STREET, LONDON EC '

0ap,,i" í2•000•00l, ldem '»" °p íi.oo-,000 R.s.rv. Fund Y.Y....Y. £,,,,.,0..Office in Rio de Janeiro !?ua Pri™eiro de Março 45 and 47

(Rua Buenos Aires 1, 3, 5 and 7Branches at.—MANCHESTER, SAO PAULO, BAHIA, PORTO ALEGRE, RIO GRANDE DO SUL, BUENOS AIRESMONTEVIDEO and ROSÁRIO.

Mar_nhã0.lL°n1oTtSNÍtnlATÍU' £*í' v^ S"^' Ceará' Cm'ityba' Corumbá> Florianópolis, Joinville, Laguna, M-«io,

t« „ : h"nnã-*' r ybS d°.u°rte' Painah5'ba> Pel°tes- Ri" «''ande, Santa Maria, Santos and Victoria.

Prindóa lowos „ 2Tü„S? ^ m **"

.T*0" J°''nt C'ty & Mid,and Bank> "- L°nd<»; Barcla.'s Bank, Ld., and .11

prinepa town í.» s Kingdom; Messrs H.me & Ce., Paris; Messrs. Co_ & Co., (France) Ltd., Paris, and ali th.

MessT E 12, p mY '

/m* BeI,r8h'' M,'lani Bímca Ita,iana di Soonto, Genoa, and ali the principal towns in Italy;

ILÁ t? J?

T _fíSSrS' Gama Calamarte & Co-» Madrid, and ali the principal towns in Spain.Also draws on The Bank of New York, N.B.A., New York; on Sonth África, on the principal towns in índia and Japan; onAustrália and New Zealand.

Opens Current Accounts and Savings Bank Accounts. Receives Deposit at Notice or fer Fixed Periods.ISSUES LETTERS OF CREDIT? ALSO CIRCULAR LETTERS OF CREDIT AVAILABLE IN ALL PARTS OF THE WORLD_______-_________^_ TRANSACTS EVERY DESCRIPTION OF BANKING BUSINESS

^^^-r>__

THE LEOPOLDINA HAÍl^Í^Ój^ÍÍTyT^M^ED.Central Office, RUA DA GLORIA, 36 - Telephone: 2404 CentralCable Address : LATESCENCE

Rio do Jsltioíito ====Direct communication between Ria de janeiro and Victoria, Espirito Santo, State or Minas, eto. 1,823 milo. tf llr».

NICTHEROY.

6.30 Express—Campos, Miracema, Itapemirim, Porciuncula andbranch lines, daily.

7.00 Express—Friburgo, Cantagallo, Macuco and Portella, daily

TERMINAL STATIONS: NICTHEROY AND PRAIA FORMOSA.TRAINS LEAVE FOR THE INTERIOR:—

| 7.45 Mixed—Macahé, Tuesdays, Thursdays and Saturdays

4 9A0Friday s.

3-6.35

J16.153-1.00

4 PetropollS—2,700 feet above sea levei, magnificent climate,ibeautiful views during trip; 1 hour, 40 minutes. Ist class return,14$800. Stone ballast; no dust. 6 trains per day.

6.00

8.3010.2512.001.6.2017.50

PRAIA FORMOSA:—

(Summer) From Ist November to 30th April.Express—Petropolis, Entre Rios, Ubá Ponto Nova. Porta

Novo, Cataguazes, Santa Luaia and branch lines, daily.Express—Petropolis, daily.Express—Petropolis, Sundays and Holidays only.Express—Petropolis, daily, except Sui.cláys and Holidays.Express—Petropolis, daily;Express—Petropolis, dáily.Express—Petropolis, dáily.

Mixed—Friburgo and Cantagallo, Mondays, Wednesdays andFriday s.

Passeio—Friburgo, Saturdays and when announeed.20.00

Mixed—!Rio Bonito, daily. Wednesday to Capivary.Night Express—Campos, Itapemirim and Victoria, Mondays and Fridays, sleepers and restaurant cars. Electrio illuminatio»and ventilation. Single fare, 48$900; Upper Berth, 10$000; Lower Berth, 15$000. Return fare, 74$400. Lunoh anddinner served during journey.

EXCURSIONS SPECIALLY RECOMMENOED.Friburgo—2,800 feet above sea levei. 3 hours, 25 minute* by

passeio train. Fare, 10$800 Ist class return (Saturday ti-„ Monday.

1 ._ DELIVERY AT RESIDENCE.—A regular service of deli Very at residence in Rio de Janeiro, Nictheroy, Friburgo, Campos,}and Petropolis is rnaintained by thè Company, by which pareels may be despatched direct from any address in one of the above«mentioned eities to any of the others with the minimum of trouble and at moderate rates. For further information vide "Guía Geraljo^Horarios^ , issued by the Company twice a year or apply to any Agency or station in Rio or in the interior.

IV WILEMAN'S BRAZILIÃN REVIEW July 28th, :::.

LAMPORT & HOLT LINEMail and Passenger Service Between

NEW YORK, BRAZIL AND RIVER PLATEOilburners building

No.lNo.2

14,000 tons14,000 tons

lill.. Lj|L,M1.ii!!.MPüt..LU4ii-J:yjLj;- t - ....: ','|.i,l|ii ..|Ji .Liim ! II.-M1I ii- i.... -u i|,ui-._,., . - .. .... .i.i^—~*n

^w^Wl 1 i '''' '¦¦ 1

Mf ' 4-' >¦ OS Wmm%m-]... -¦ ji:»r'- - - -fftmiwaaaamÊMfiiL ^ -- a

tr ,r., < ,' ff/itsMFflHWrjáirtiiiitlWiIrlv*fm&áS&2Prí-AliIf i - S^SiHHÍü jum^i h$¦ màt j '^liíi1?^_____

"VAUBAN" 10,660 tons"VESTRIS" 10,490 tons"VASARI" 10,100 tons.

also"BYRON"&"TENNYSO]Nr

Cabins de Luxe and Staterooms with one, two or three beds and bath-room.AH steamers fitted with Wireless Telegraphy, Laundry, Gymnasium etc.

FOB FUBTHEB PABTICULARS, APPLY TOThe Agents. NORTON, MEGAW & Co. LtJ., Praça Mauâ

Telephone No. 47 RIO DE JANEIRO p n BOY <uSantos.-F. S. HAMPSHIRE & Co. Ltd.,P. 0. B. 10,-São Paulo-F. S. HAMPSHIRE & Co Ltd P O B <l*Bahia F. STEVENSQN & Co,. Ltd. ' " u< "* **

DEN NORSKE SYD-AMERIKA LINJE(The Norwegiàn South America Une)

REGULAR SERVICE BETWEEN

NORWAY=BRAZIL

FOR EUROPE : -

s.s. RIO DE LA PLATA—BEGINNING AUGUSTs.s. RIO DE JANEIRO—AUGUST.

FREDRIK ENGELHART. Ag

= NORWAYRIVER PLATE

FOR RIVER PLATE :—

s.s. RIO DE LA PLATA—ABOUT JULY llths.s. RIO DE JANEIRO—END JULY.

For further particulars apply to : —*r%¥

AV" Rí0 Branco» 16» 1° Andar» Rio de Janeiro.wvu 'Rua 15 de Novembro 172, Santoi.

REDERIAKTIEBOLAGET Nnpn^TjpRivj^ivj

S^irZSVT* SHIPS; TOT^I2E^.^000. IN CONSTRUCTION: 53,800 TONS.

sweaen, Norway-North Pacific, and vice-versa.

For River Plate: m.s. Suécia, beginning August; m.s Bálboa,beginning August; m.s. Buenos Aires, middle August-s.s. Oscar Fredrik, end of August.

For Norway, Sweden and Hels^ngfors: m.s. Lima, 2nd. half July;s.s. Annie Johnson, beginnmg of August;

m.s. Suécia, begànning of September.For further particulars apply to the Agent: —

LUIZ CAMPOS - ,,, RUA »I8C0N06 ,NHAUMA, M| R,o Ot JANEIRO

mflemmta 1rrólfan /^Érw.«w

A WEEKLY JOURNAL OF TRADE, FINANCE AND ECONOMICS.

V0M1 RIO DE JANEIRO, WEDNESDAY;July Í8Ü), 1920*«6»a^6MH6MN>6666B66666J66666M6666666«6666«66«66a666666666666666666666666H66666l66666M66B66666666 6666ja666666666666666666666666666666666666666666666666 ^|||66666i6666666666H666666a66H666666P^66666666666dM66i666f6666M666666666M66666666^66^^^^^^^

No. 30

r**'666J66666666666666666666666866666666666*666666ia666666666666666666«6666666666666666666666666

The Rio de Janeiro Flour Mills & Granaries, Limitedcc

telegrams:Epidermis"

General Telephone: 1450 NorteSales Department 165 »

Flour* Mills: RUA DA GAMBOA No. 1DAILY PRODUCTION 15.000 BAGS.

Post Office BoxNo. 486

Cotton IVIill — F£i*£i> da Gamboa, No. 2450 LOOMS. DAILY PRODUCTION 27.000 METRES.

HEAD OFFICE — 48. MOORGATE ST. — LONDON O. C.

Buenos Aires Rosáriocalle 25 de mayo 195 (3er piso) 660 calle sarmiento

SAO PAULO: Rua Boa Vista, 13.AGENCIES

6666666666666J66666M66666666666I66666666666666666666666M6J6666I

Victoria, Bahia, Pernambuco, Ceará, Curityba, Florianópolis, Rio Grande,Pelotas & Porto Alegre.

The IVIilPs niarks of* flovir a.re:«NACIONAL» «8EMOLINA»«'BÜDA-NACIONAL»••BRAZ1LEIRA', «GUARANY»

AND FOR SUPERIORITYHAVE BEEN AWARDED

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

First Prize Turin 1911.OFFICES —RUA DA QUITANDA, 108- RIO DE JANEIRO.

¦• :

';.

: I

7 !Z.[ )

i

BKAZILIAN WABKANT COMPANY. LIMITED.HEAD OFFICE: Brazil House, 2 Great St. Helens, London, E. C.

Authorized Capital £ 2,000,000Capital Paid up 1,500,000Reserve Fund 250,000

Branche. at: SANTOS, RIO DE JANEIRO and SÃO PAULOAge»,eie* *t= CAMPINAS, JAHU' and SÃO CARLOS 00 PINHAL.

Conductsa general consignment and commission business. Makes aspeciality of advances against Coffee, Sugar, Cereais & general merchandise.

Custom-House Clearing Agents66666666666680666686666666666666a6J666*666666666J6666666666666666a

::rai

Z\\

1034 WILfiMAN'8 BRAZILIAN REVIEW July 28th, 1920.

LLOYD BRASILEIROi . i

Brazilian Steamship Line

Regular service of mail steamers

between Brazil, United States,

Europe, River Plate and

Pacific Ports.

Frequent service of cargo boats

to and from ali principalBrazilian ports

SUPERIOR PASSENGER ACCOMMODATION - WIRELESS TELEGRAPHY.

— «/VILIlVGrS

For the UnitedAVARE-will sail on I5th August for Recife, Barbados, Havana and New York.

For Europe

For toe Riw PlateSERVULO DOURADO—will sail on 30th July for Santos, Paranaguá, Antonina, S. Francisco, Itajahy, Florianópolis, Rio

Grande and Montevideo. .. \

For North of BrazilJOÃO ALFREDO—will sail on 30th July for Victoria, Bahia, Maceió, Pernambuco, Cabedello, Natal, ceara, Tutoya, Maranhão,

Para, Santarém, Óbidos, Itasoatiara and Manáos.

MANÁOS—will sail on 6th August for Victoria, Bahia, Maceió, Pernambuco, Cabedello, Natal, Ceara, Tutoya, Maranhão & Para

ARRÍVALS

From United StatesFOR FURTHER PARTICLARS APPLY TO IHE OFFICES OF THE COMPANY

Cargo per passenger steamers will fce reoeive. only up to two àays before sailing.

For mrther particulars refer to advertisements in D»üy Papers, or apply to the Head Office»:—

LLOYD BRASILEIRO, PRAÇA SERVULO DOURADO (BETWEEB OUVIDOR _ ROSÁRIO) RIO DE JANEIRO

Cable Address:—"LLOYD"

Dikectoria—Rio

Agencia: —"BR ASILOYD»

Codes used: —

A.B.C. 5th Ed., Standard,Union, Scott's, Watkin

Ribeiro, and Private _*

July 28th, 1920 WILEMAN'S BRAZILIAN REVIEW 1035.i.7!

WILEMAN'8 BRAZILIAN REVIEW.

Editor—H. F. Wileman.

OFFICES: 61 RUA CAMERINO.Caixa do Correio (P.O. Box) 809, Rio de Janeiro.

TELLEPHONE: NORTE 1966.

Tal. Address— "REVIEW," Riojaneiro.

Brazil, 100$000 per annum.Abroad, £5 per annum.

Separate copies 2$000, supplied to subscribers only.

AGENTS:K»o de Janeiro—

Crashley & Co., Rua do Ouvidor, 38.São Paulo—

Hlldebrand A Co., Rua 15 de NovembriSantos—

Laercio Azevedo, Rua Luiz Cama 248, Caixa Postal 313.London—

C. Street A Co., Ltd., 30 Cornhlll, E.C.

MAIL FIXTURESFOR EUROPE.

AVON, Royal Mail, 2nd August.LIGER, Sud Atlàntique, Bordeaux, 4th August.HOLLANDIA, Royal Holland Lloyd, Amsterdam, 6th August.TOM ASO DI SAVOIA, Lloyd Sabaudo, Genoa, 5th August.

HIGHLAND PRIDE, Royal Mail, 7th August.HIGHLAND LADDIE, Royal Mail, 8th August.DARRO, Royal Mail, 17th August.GELRIA, Royal Holland Lloyd, Amsterdam, 18th August .

HIGHLAND GLEN, Royal Mail, 23rd August.DESEADO, Royal Mail, 26th August.ARLANZA, Royal Mail, 29th August.DESNA, Royal Mail, 3rd September.HIGHLAND PIPER, Royal Mail, 4th September.ALMANZORA, Royal Mail, 12th September.HIGHLAND ROVER, Royal MaiL 18th September.

DEMERARA, Royal Mail, 28th September.

FOR THE UNITED STATES.MARTHA WASHINGTON, Munson Line, 30th July.

JUSTIN, Booth Line, New York, 3rd August.

AVARE, Lloyd Brasileiro, Havana and New York. loth August,

HURON. Munson Line, 18th August.VAUBAN, Lamport and Holt, 24th August.

PANCRAS, Booth Line, New York, end of August

BYRON, Lamport and Holt, 31st August.CALLAO, Munson Line, 5th Sept.VESTRIS, Lamport and Holt, 18th September.TENNYSON, Lamport and Holt, lOth October.

VASARI, Lamport and Holt, 27th October.

FOR RIVER PLATE AND PACIFIC.

HURON, Munson Line, 30th July.HIGHLAND GLEN, Royal Mail, 31st July.

VAUBAN, Lamport and Holt, lst August.

GELRIA, Royal Holland Lloyd, Srd Angust

ORITA, Royal Mail, Montevidéo and Pacific, 12th August.

CALLAO, Munson Line.. 13th August

INDIANA, Italia-America, 18th August.

P. DI UDINE, Lloyd Sabaudo, 19th August.

SOUTH ÁFRICA AND THE EAST

TACOMA MARU, Osaka S. Kaisha end Jnly

KAWACHI MARU, Nippon Tnson Ka.sha, 2nd half bep

NOTESDECREES.

Decree 14,245 of 1 July, 1920, authorises the American ln-ternational Steel Corporation to substitute its titte to that of theInternational Steel Corporation.

Decree No. 14,258 of 15 July, 1920, authorises the BrazilianMica Export Co., Ltd., of Wilmington, Delaware, U.S.A., to

operate in the Republic.Decree 14,261 of 15 July, 1920, creates a consulate at Nantes.

Decree 14,262, of 15 July, 1920, creates a consulate at Prague,Czecho-Slovakáa.

Decree 14,263 of 15 July, 1920, approves the regulations for

collection and fiscalisation of the Income Tax., on dividends,interest on debentures, net profits on limited liability companies,banks and money lending concerns, on the bônus or gratificationto directors and presidents of companies, interest on guaranteedloans, premíums on life, fire, and marine insurance, on lotteries,instalment system clubs, etc. ^

Decree 14,252 of 7 July, 1920, authorises tÜê V. Onnes en

Zoons Overzee Handel Maatschappy, of Amsterdam, to operate in

the Republic.

The Fifth international Exhibition of Rubber, othor Tropical

Products and Allied Industries will be held at the Agricultural

Haíl, London, June 3-17, 1921. Kéen and widespread interest is

being taken in the forthcoming event, arrangements are well

under way, and already many governments, important industrial

a«sociations and leading firms have signified their intention ot

participating. The Hon. President of the forthcoming exhibition

is Sir Owen Philipps, G.C.M.G., M.P., and the Hon. Vice-Pres.-

dént, Professor Wyndham R. Dunstan, C.M.G., LL. D., F.R.S-,

Director of the Imperial Institute, London. The offices of the

or«ranisation are at 43 Essex Street, Strand, London, W.C.2."

The Rubber Garowers' Association has decided to give cordial

support to the forthcoming Rubber Exhibition and to the Inter-

national Rubber Congress, which will be held in connection

thereAvith. The Association's activities will be on the lmes of its

participation in the 1914 exhibition. Sir Ernest Birch, K.C.M.b,,

is chairman of the R.G.A.'s special exhibition committee, and

special sub-committees are being appointed to deal wath com-

petitions, the plantation rubber section of the International Rub-

ber Congress, etc. A rubber tennis court will agam be a feature

of the associaWs exhibits. In addition to being associated witn

the next Rubber Exhibition as chairman of the R.G.A. Exhibition

Committee, Sir Ernest Birch will act as chairman of commattees

for the exhibition organisation.

FOREIGN TRADE OF BRAZIL AND THE BALANCE OF

TRADE.

Reviewing the foreign trade of Brazil in 1919, "The Statist''

draws the attention of readers and particularly of Brazilian

trâders and agriculturalists and the Brazilian Government to tho

preponderating influence coffee still exercises in the trade oí

Brazil. Her exports, continues our contemporary,. excéeded last-

vear 130 millions sterling. This appears to be an enormous growth

when we consider that on the basis of pre-war prices, Brazi.ian

exports only slightly excéeded 65 millions. But exports measuved

in money and the great growth measured m a variety ot com-

modities it still remains a fact that out of 130 millions sterling,

more than 72^ millions -sterling was represented by coffee, or m

other words, Brazil is dependent-to an extent considerably exceed-

incr one-half upon one single item of export.¦<" Now, this, says "The Statist," is not at ali satisfactory. Tho

aspect of the question vs not so much the great growth of Bra-

iÜáai- trade in the first clear year after the war as compared

with the period that immediately preceded the war; but the tact .

that Brazil still continues to depend unduly upon one or U\ o

7

I -*7dM|iM'.l I | ' BJJJ-A-.,4^VT.--r ^^^^s^^^s^ -——

»•. a

1036 WILEMAN'8 BRAZILÍAN REVtE W July 28th; 1920.

TRADE

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Speciality: Import of ali kinds of paper and pulps. Exportof iBrazilian produce, especially Sugar, Coffee, Cocoa, etc.General Importers of. Codfish, ali kinds of hardware, .steei,iron, metais, chemicals, drugs, machinery, etc, etc.

RIO DE JANEIRO: RUA DOS OURIVES, 25/27.Cable address: BRALCO. P. O. Box, 960.

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articles of export, and as a natural corrollary, she imports fromneighbouring eountries articles which she is at lea«t as able toproduce herself, and which, in fàct,' she ought to produce, andproduce in such large quantities that they would form a largepart of her own exports.

Now, let us review the statisties of Brazil's foreign tradein 1919 and the ante-bellum year 1913 to arrive at the conclusionsof the writer in the "Statist."

In 1919, coffee accounted for 55.8 per cent of total exports,as against 56.3 per cent for the ante-bellum quinquennium. Tho

position shows very little alteration, and as the "Statist" says,coffee still accounts for more than half the value of Brazilianexports.

With regard t0 the balance of trade, the position was asfollows:—

Quantity in 1,000 tons gross:—1913 1919 Inc. or dec.in 1919Tons Tons Tons %

Imports 5,922 2,780 —3,142 53.1Exports 1,382 1,908 + 526 38.0

+ or - exports -4,540 - 872 +3,668 80.8Ditto, % 76.6 31.4 —

( ¦ '—— -'-' '¦'¦i "

Value in £1,000:—1913 1919 Inc. or dec.in 1919

£1,000 £1,000 £1,000 %Imports 67,166 78,177 +11,011 16.4Exports 65,451 130,085 +64,634 98.9

1

+ or — exports ....- 1,715 +51,908 +53,623 312.6Ditto, % 2.5 66.4 —

The quantity of exports expanded as compared with the ante-bellum period by 38 per cent, as against 98.9 per cent in sterlingf.o.b. value.

Imports, on the contrary, fell off by 53.1 per cent in quantity,but increased by 16.4 per cent in value.

The position is not altogether healthy, seeing that in quantitythe balance is 31.4 per cent against the country, whilstthat of value was 66.4 per cent in favour of exports. Ittherefore seems clear that Brazil is now depending very much oni rifla teci prices to maintain her favourable balance. The questionis how long will this state of things last and to what extent willdeflation affect the balance?

Let us compare the average value per ton of imports andexports:—

1913 1919' Inc. or dec. in 1919/o

Imports 11.4 28.1 +16.7 146.5Exports 47.3 68.2 +20.9 44.1

+ or — Exports +35.9 +40.1 + 4.2 11.6Imports increased by 146.6 per cent as against only 44.1 per

cent in exports. The balance is now 40.1 per cent in favour ofexports compared with 35.9 per cent in 1913, an increase of 11.6per cent.

A fali in prices of mariufactured articles—which constitutethe bulk of this country's imports—would be followed by reviva!of the import trade on a large scale, which coupled with a cor-responcling drop in prices of export commodities and the fali inexchange, the favourable balance of trade would be considerablyreduced or even turn against the country.

The danger of depending on one or two articles ofexport—such as coffee—at the expense of development of otherstaples, us apparent when a disastrous frost, such as that of1918, not only ciirtails exports of coffee itself and disheartenscultávators, but effects the value of other less important staplesby its depressing effect on exchange.

Even so, coffee will always remain the backbone of thiscountry's foreign trade, and however unfavourable conditionsinfluence trade returns one year, coffee will always come upsmiling with increased production or even bumper çrops.

J#*

July 28th,.1920

-(T > 1

WILEMÀN'g BRAZILIAN REVIEW 1037

TO BUSINESS MEN:You realize how your commercial progress is influenced by your banking connections.

Your international commercial interests can be fostered only by close connection with a banking in-

stitution of recognized financial strength and world-wide reputation; and which,

On account of its experience in international commerce and its wide influence resulting from an ad-

vanced system of cooperation among its branches, is able to render the service required by highly developed modern trade

We can satisfy any legitimate commercial financial requirement, and respectfully request you to con

sult us at you first necessity for modern international banking facilities.

THE4o/ interest paid on private current accounts.

ROYAL BANK OF CANADAAV. RIO BRANCO 66-74

Rio de Janeiro

As the "Statist" says: "Brazil, like other countries, is pass-

ing through a trausitory period, and it would not be reasonable

to iudge her position just now any more than it would be reason-

able to judge the position of any conntry. Suffice it to say that

she has expanded her trade enormously, while her unport trade

has grown only to a comparatively «mail extent (as compared with

Í91S) This is not altogether good, but it will right itself, and

ir, is not the fault of Brazil that she is exporting goods to a large

extent. But, on the other hand, it is not a satisfactory feature

that she should be importing so little. It would be desirable, ú

it were practical for her to do so, to obtain for her enormous ex-

ports a larger proportion of not merely manufactured goods m tlie

consumable sense for the purpose of immediate consumption, but

manufactured goods for the purpose of developing her transporia-

tion facilities which are one of the most urgently needed require-

incnts of the Republic at present in the general satisfaetion that

Brazil naturally feels herselff at the enormous growth of her trade

as a result of the war. In the general satisfact.on that her

friends and well-wishers, and those who have long been associatecl

with Brazilian affairs, naturally fèel that the trade of the country

has expanded so satisfactorily. it should not be lost sight of that

of these enormous exports so large a proportion as more ttian

one-half depends upon one single article of export, and althougli

her export trade has expanded. and the number of items f.gurmg

in the export returns has multiplied again and again, tlie act

remains that her exports have not been developed as one had

reason to hope to the extent that even if one item was untavour-

abiy affected, as the coffet crop was two years ago, by orougm.

(frost?), it would have hardly any influence upon.the trade i.e-

inrns of the Republic taken as a coraposite whole."

The disappointment expressed by "The Statist" is somewhat

p,emature, and if "other" (ex coffee) «ports have not developed

as rapidly as was expected in Europe, it is because local conditions

do not lend themselves to sudden changes.

It must be borne in mind that agricultural labour has been

very scarce, and low tariffs, high cost of material and enormous

rise in cost of labour have preventecl the railways trom and ex-

fcending their services to new zones of produetion. Thest factors

have undoubtedly affected the progress of agricultural-and otnei

industries.The extraordinary growth iu exports of certain commodities

\va<s purely a result of the war. which forced this country to go

in for cultivation of such commodities as rice, maize, mandioca,

as well as lard and frozen meat. Two of these war exports—man-

dioça meai and lard—have already fallen out of line.

The rest have come to stay, but conditions will have to be

adfusted to set our trade on a more solid basis. Cultivation will

have to be undertaken on more scientific lines and more care

given to quality, and during tlie period of what might be termed

reconstruetion, no very great development can be expected.

The frozen meat industry is an example which should be

taken as a lesson. During the war, this trade developed enor-

moifely and reached most encouraging figures. In 1919, however,

in consequence of the renewal of shipments of Australian and

other meat, the demand for Brazilian meat, especially in the

United Kingdom and France, fell off woefully, due almost entirely

to its quality not being up to standard. This industry, however,

is one that has undoubtedly come to stay, and the far-reaching

and enterprising plans of breeders "and

freezing companies will

carry this trade to ultimate success.Rice is another example of how an industry lacking proper

scientific cultivation, can develop in so short a time. Before the

war. this country was a large importer of rice. Since then Brazil

has not only produced sufficient for her own requirements, but

increased produetion to such an extent that were quality up to

standard she could become one of the world's largest exporters.

The S. Paulo 1919 crop alone is estimated at 7,000,000 bags.

But here, again, great improvement is necessary if this country

is to maintain her present position as an exportei'. Exports dur-

iiig the first six months of the year were the record and promisedeven greater development. But the new crop rice coming to mar-

kít \s of poor quality, being fair to good, with the result that

demand has almost ceased. Were special and superior aguilia

obtainable, there would be little or no rice left in the hands of

producers. As it is, about 40 per cent of the new crop will be

left on their hands this year. Too much has been done to make

rice one of the leading industries of the country to allow it to fali

to insignificance, and should producers put their shoulder to the

wheel, next crop should be a distinet improvement.

"The Statist" considers Brazil's small imports an unsatis-

factory feàture. Were Brazil free of debt, such conditions could

not be considered healthy. But a favourable balance of trade is

necessary if this country is to aceumulate resources to repay her

large foreign debt. As a matter of fact, the balance of tracte, as

we said before, is a myth, seeing that whatever the difference

hetween bills drawn against exports. and imports, it is immediately

absorbed by transfer of specie or obligations at a premium. or

higher exchange when balances are favourable to the exporting

country, and vice-versa.But myth or no myth, a substantial favourable balance of

trade is necessary to Brazil's prosperity. if only to act as a prop

to exchange, which depends almost entirely on export bills.

.Wheat in Rio Grande do Sul. The commission of experts sent

to the State of Rio Grande to study the conditions of the wheat

produetion in that State have presented the following report to

the Minister of Agriculture:—Tht produetion of wheat in certain

distriets during the season 1918-19 amounted to 54,500 tons, dis-

tributed as follows: Garibaldi, 80,000; Bento Gonçalves, 9,000

11

"-7

- '• ¦¦nu i -n--inrWitr i.i«itin''-rr MBi»*»í"^«

Í038 WILBMAN'8 BRAZJLIAN REVIEW July 28th, 1920.

Companhia Mechanica e Importadora de São PauloIMPORTERS OF: Materials íor every class of Construetion Work; Railway matertals; Locomottves; Rails;

Coal; Iron and Steel; Oils; Ccmcnt; Asplialt; Water Pif>es; Electric Mat«rial; MotorBoats; AutomoLtles, etc. etc.

MAKE RS OF: Coffee anel Agricultural Mackinery; Sanitary anel Eartnenware Materia1s; Nails;Screws and Bolts; Cottonseed Oil; Castor Oil; Coconut O ti, etc.

Iron and Bronze Castings. SAWMILLS Engineers and Contractors.

SQLE EXPORTERS OF: Chilled and Frozen Meats, and ali other produets, from the Packing Houses at Barretos and Santos.

WAREHOUSES, FACTORIES AND GARAGEPuas Monsenhor Andrade e Américo Braslllense (Braz)

CERAMIC WORKS:Agua-Branca, — Telephone 10-15,

ÍBRANCHES:RIO DE JANEIRO

AVENIDA RIO BRANCO, 25P. O. BOX 1534

SANTOSRUA S. ANTÔNIO, 108-110

P. O. BOX 129

LONDONBROAD STREET HOUSE

New Broad st. E. C.

Codes Used: A. D. C. 5 th Ed., A. I. A Z., Bentley's, Lieber's, Western Union and Ribeiro.SÃO PAULO

HFAI1 ÍICCIPP RUA 15 DE NOVEMBRO, 36!______ «rriUE fiARi p AnnRFRR. «MECHANICA PAULO»

P. O. Box 51-Telephone 244!

TflE GITY OF SfifllOS H¥_PROVE|HEflTS C0|__BflflY, i_ubited.Estado de .-São .Paulo Caixa 4 -SANTOS

GAS Department. Special Coke and Tar produced by the Continuous Carbonization process. Also softPitch íor waterproofing purposes, crude Benzol and Oils for the re anuíacture of Desinfectants.

WATER Department. Distribution on the constant supply system. Special cheap rates for industrialsupplies. Ships supplied with water of guaranteed purity, at the rate of 150 tons per hour if required.

ELECTRICITY Department. Installations of any magnitude for light and power. Cheap power for long-hour consumers. Motor repairs.

TRAMWAY Department. Seventy Kilometres of rapid electric Service, during 22 hours. Season ticketswith non-stop service at night. Special terms for large parties. Parcel delivery; Service to ali points.Electric transport of Goods and Building Material at cheap rates. Goods from interior should bedespatched "Companhia CITY, Desvio Saboo".

HEAD OFFICE.-SALISBURY HOUSE. LONDON WALL-LONDOMTELEGRAPHIC ADDRESS:—"CIDADE"-SANTOS

THE MI LLOYD IH8UIAIC1 CO LTD.CAPITAL 10,000,000 KR0NER

Head Office at Christiania — Agencies at London,. Paris, New York. Buenos Ayres, Valparaiso

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Very favourable termsof policies and moderate premiums.

PROMPT ATTÈNTION TO CLAIMS

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RIO DE JANEIRO

P. S. NICOLSON & GO.London, New York, Rio Janeiro,

S. Paulo & SantosAgents in ali parts of Brazil

Importers & ExportersShipping- Agents

Fire & Marine Insurance Agents.Mining Agents

Mica - Monozite - ManganeseCrystals.

REPRESENTATIVESChesapeake & Ohio Coal Co.

CONTRACTORS TO BRAZILIAN GOVERNMENT

July 28th, J920. WILEMAN'S BRAZILIAN REVIEW 1039

MODERN ENGLISH DEPARTMENT STORE

With over 30 highly organised departmentshandllng finest imported artieles for ladies &

ehildren'swear,silks, materiais, haberdashery, &e.

Men's Outfitting & Tailoring, «.Complete HouseFurnishing — Under Expert Bpitish

: : ; Supervision : : :

S?8-at..i86 Mappin Storesparis-bue arcenteuil, 6 ""^^^^^tz^-~ S. PAULO & SANTOS

tons; Alfredo Chaves, 16„000; Estrella, 9,600; Lageado 3.600;

Encantado 1,500; Guaporé, 1,200; Palmeira de Missões, Monahy,

Paiol Grande and Erechim, 3,600 tons.The commission was impressed with the excellent conditions

prevailing in most of tlie districts visited. Bagé and Sebastião

districts, says tht report, are not suited for wheat produetion on

account of tho very sahdy and rocky nature of the soil.

The report does not give the produetion of other districts oí

the State, hut as they do not amount to very much, we may puttotal produetion of Rio Grande at about 60,000 tons. This figure

would seem to be nearer the mark than the estimate of 141,180

tons for 1919 by the Department of Agriculture, sceptical.y re-

ceived by most people.

Another Lean for the Municipality. It was not so long ago

that we predicted a new loan for the Prefeitura. It has material-

ized >sooner that we expected, and if the wonder schemes of the

Prefect are to become realities, money must he obtained without

delay. Dr. Carlos Sampaio proposes to raise a 6 per ceiit internai,

loan' of Rs. 50.000:000$000, redeemable in 30 years, for the

erection of new school building. and cheap dwellitig houses, repay-

ment of the debt contracted with the Bank of Brazil, expropna-tions, a new building for the library and archives of the Mun:-

cipality, etc. Not content with the heavy burden of debt aiready

on his shoulders, the Prefect proposes. to sink the Municipalitystill further in the mire!

Taxes Calore! The Pernambuco State Government have im-

posed a tax of 100 reis on ali tram fares and freight above 500

reis. Pernambuco has sent out a howl of despair, not only on

accouiit of this new tax, hut on tlie" steady increase of coastwise

freights, which are higher now than during the war. Where•foreign corporations are concerne^, however, the Government

does not waver in demanding reduetion in rates, etc.

Disastrous Fire at S. Paulo. On 26th inst, the stores oí L.

C. Souza Pinto & Co., in the Braz district of S. Paulo were guttedby fire. Large quantities of cotton, sugar and cereais wero

destroyed to the value of Rs. 2.000:000$. The merchandise was

said to be insured for 1.800:000$ in several compan.es, among

which figure two or three British.

A Brazilian Rubber MysterY. The issue of the "Manche. te<

Guardian Commercial", a new publication, contains an article on

plantation rubber in Brazil, which is so remarkably misleading a,

to require immediate correction. Figures are quoted purportnig

LETTERS, CAIXA 1391, S. PAULO. Tel. "ELITE."

to show that the spread of rubber plant ing on the Amazon has

been "both rapid and succèssful." The planted acreage, it is

stated, rose from 116,500 acres in 1905 to 2,169.390 acts an 1914,

and 2,907,590 acres in 1919. The reader may well pause at this

juneture to take breath. Whence, he may question himself, has

come the enormous capital required to open up this amount ot

acreage, which is equal to that under rubber in the whole of the

East, and how has it been kept so quiet? There is, of course, not

the slightest foundation for the figures quoted, which are so

uttorly~out of proportion to the possible development that they

appear ludicrous in the extreme. A certain amount of rubber

plantmg has probably been done in Brazil since 1912 as a result

of the law of January 5th, 1912, which authorised a system of

premiums for rubber trees planted, but we have never learnt

that it amounted to much. A full translation of the provisious of

the law in question can be found in the appendix to the Report

of the Akers Commission of 1912. Amongst the funetions of a

trade journal is a correction of the lay Press when it errs on

questions of fact relating to the industry represented. We may

bo absolved from failing to deal with the minor inaecuracies of

unimportant papers, but when an error of such magnitude is

committee! inadvertently by a journal published under the aegis ot

a paper of the importance of the "Manchester Guardian/' such.

correction does become necessary.—"índia Rubber World."

[Such an absurd article is not only misleading but is a proofof the ignorance of the writer on the Brazilian rubber industry.

Such errors do not commend the "Manchester Guardian Com-

mercial" as an authority on foreign commercial matters and

least of ali Brazilian.]

COTTON GROW1lN.G WITHIN THE EMPIRE.

According to the report issued by the Board of Trade on

cotton growing within the Empire, the total world's supply

amount. to just under 25,484,000 bales. Nearly 70 per cent of

this crop is produced in the United States. Some of the veiy

best cotton in the world, says the "Statist," is produced in the

islands off the coast of South Carohna and m the British West

índia Islands.Altogether these account íor no more than 12,000 bales. Then

comes Florida and Geórgia, Egypt, and certain islands of the

West Indies. A third grade is produced also in Egypt, with »

small portioti in the Soudan, some dn the Missi-sippi delta, Nyassn-

land, Uganda, East África, and Peru. Grade 4 is produced in

the United States, which accounts for 15,000,000 bales. The same

grade of cotton is produced in Brazil, México, West África, the

Levant, índia, China, and in Corea, with a small supply from

Rússia. Including the enormous crop of the United States, this

'/

__________________________________________

1040 WILEMAN'8 BRAZILIÃN REVIEW July 28th, 1920.

The Booth Steamship Co., Ltd.JLIVERPOOL

Regular and frequent service of high class steamers to and from jNew York, mid and south Brazil Ports.

Loafef Agente ln United Lillllil'l à\vi».

Funch, Edye & Co., Inc.,8-10, Bridge St.. New York.

AGENTS IN BRAZIL,'.BAHIA

VICTORIA

Wilson, Sons & Co., Ltd.Arbuckle & Co.

(Sub-Agents)RIO DE JANEIRO Wilson, Sons & Co., Ltd.SANTOS Wilson, Sons & Co., Ltd.

ÍEmpreza

de Melhoramen-tos Urbanos de Para-nagua. (Sub-Agents)

SÃO FRANCISCO) R, 0'N. AddisonDO SUL J (&ub-Agents)

FLORIANÓPOLIS ) GuÍlh^be.AHgenCt)hapHn

RIO GRANDE \ w<1 c „ * > i ,ann mil [ Wilson, Sons & Co., Ltd.

PELOTAS Wilson Sons & Co., Ltd.PORTO ALEGRE Wilson, Sons & Co., Ltd.

OSAKA SHOSEN KAISHA LIMITED—OSAKA MERCANTILÉ S.S.CO.LD.OSAKA, JAPAN.

REGULAR SERVICE BETWEEN BRAZIL, ARGENTINA, SOUTH ÁFRICA, SINGAPORE, KONC KONC, CHINA, JAPANAND VLADIVOSTOCK.

EXCELLENT FIRST AND THIRD GLÂSS ACC0MM0DATI0NFuturo Sailings from Rio de Janeiro:—

s.s. <<CANADA MARU," END OF JUNE."TACOMA MARU," END JULY. 'PANAMÁ MARU," END AUGUST.

Both for Havana, New Orleans, and Japan, via the Panarrla Canal.

WILSON. SONS & CO., LIMITED.Avenida Rio Branco, No. 3^> RIO DE JANEIRO. F».

PRIJN CE LINERegular Service of Steamers between New York, Brazil and Bivcr Plate, and viee-versa.

NEXT SAILINGS FOR NEW YORK"CLENSHIEL" \2th\l5th August

EXPECTED FROM NEW YORK"KOREAN PRINCE" AUGUST

NEXT SAILINGS FOR NEW ORLEANS

"GLENAFFRIC" 29thl30th JULY

H. L. WRIGHT, GENERAL AGENT, SANTOS.— HARD, RAND & CO., AGENTS, VICTORIA.CAIXA No. 388 CONDE & CO., AGENTS, BAHIA. CAIXA NO. 3845.

Agents in Rio de Janeiro: DAVIDSON, PÜLLEN & CO.,Telephones: DIIA n_ nninuuiu air Teleg.Add.: "Prineeline"

Norte, 5010 & 501 RUA DA QUITANDA, 146 Rio janeiro i

July 28th, 1920. WILEMAN'S BRAZILIAN REVIEW 1041

grade accounts for 16,700,000 bales. A fifth grade conslsts of

the great bulk of Indian, Chinese, and Russian cotton, which alto-

gether amounts to over 7,000,000 bates.On the basis of õOOlbs. to the bale, the pre-war consumption

of cotton, continues "The Statist," of the vnriòus grartos specitiedwithin the Empire may be taken approximately at 4,500,000 bale?,

some 800,000 bales of Grade 1 and Grade 2—that is, from tho

West Indies, the islands of South Carolina, Florida and Egypt—

go to the U.K. Some 3>_ million bales which are consumou m

different parts of the Empire come nearly wholly from the UnitedStates, under the heading of what is technically known as Grade 4.

In the U.K. hardly any of the variety >speciíied under Grade 5 is

used. On the other hand, the Indian mills use almost éxclusively

home grown cotton coming under this heading. They use also a

small Iproportàon of various kinds of cotton coming under the

heading of Grade 4. It will be seen that the U.K. is to a very large

extent dependent for feeding the needs of mills ín Lancashire upon

the supplies coming from the United States. In the opinion of

the Cotton-growing Committee there seems no reasonable doubt

that, as supplies increase and become adequate for the needs of

the British mills in Lancashire, the cottons now being grown in

Uganda, and in certain parts of Nigéria, will be pèrfectly capable

of satisfying the demands of those mills. The West Indian crop

varies between 5,000 and 6,000 bales. It is of the Sea Island

variety and is of excellent quality, but it is not grown in adequate

quantities to supply the world's demands. The actual origin of

Sea Island cotton is not known. Some authorities argue that it

was originally grown in the Island of Barbadoes, but the concensus

of expert opinion now inclines to the view that it was, ín fact,

derived from certain cottons which were, and still are, mdigenous

to the Northern States of Brazil. Whatever may have been its

origin, the fact remains that for more than a century it has beenfound to be the only cotton suitable for spinning the very finest

counts and qualities of yarns. It is of very long staple,, rangingfrom 1% to 2% inches. It is extremely fine and has a silky

appearance. The qualities which, however, render it especially

suitable for spinning very fine yitirns also make it exceptionallydifficult to handle in the mills. Ii Has, moreover, certain defects,for it is generally very irregular in length of staple, with theresult that its preparation for spinning involves the extractiou of

a large percentage of waste, and unless it is very skilfully nianapu-lated the yarns made from it are liable to show many imperfec-tions. It was for many years confined to a comparatively sinaII

number of spinners, the bulk of whom were in the U.K., with a

small number in France. More recently it has become the prac-tice for spinners in the United States to use a considerable pro-

portion of the less fine qualities for spinning various kinds ot

yarns. Formerly the world was dependent upon the few thoiHandbales produced on the islands off the coast of South Carolina.More recently increased supplies to the extent of 500,000 bales

have been grown in Florida, in the West Indian Islands and m

Egypt. These latter qualities have not however, until quite re-

cently, commanded so high a price as the true Sea Island cotton.

They were like the original variety, of very uncertain quaHy.Particularly the length of staple did and does, although not to

the «ame extent, vary very considerably. There are very gravereasons for fearing that the coming crop in the United States will

be a short one owing to the inclcmency of the weather in tho

early part of the season. In addition to the bóll weevil, another

pest of the boll variety has made its unwelcome prescence re.lt

in the United States. In any case, it has been evident, for at

least the last ten years, that the cotton-consuming world was de-

pendent and depending t0 an alarming extent upon the cotton

crops of the United States. This crop has not tended to meroase

to meet anything like the growing clemands. From a report

issued from the United States Board of Agriculture some time

ago, it would appear that the efforts to increase supphes in the

cotton belt beyond a certain point have not met with any large

measure of suecess. Beyond this point it would appear that tlie

cost of production increased out of proportion to the augmented

supply. -Cotton growing in tho British West Indian Islands goes back

to the very tarliest period of their colomsataon, and seems to hayç

been practised by the natives in the pre-Europoan period. Cottonoi' the Sea Island variety even now is stated to grow wild invarious remote districts of these islands. Cotton growing, how-over, as an industry was practically abandoned. particularly iuthe British West Indies, for something like a century. Canesugar growing was regarded as more profitable until that industrywas practically killed by the bounty-fed beet sugar grown inEurope. Sugar, like cotton, in these regions,. was grown for ex-

port, as the local demand for either was, and is, quite small. Attlie beginning of the present century, owing to the depressed stateof the sugar growing industry in the British West índios, a Com-mission was sent out for the purpose of studying the feasibilityof sròwing cotton in these islands. It was decided that the most

promising variety is the Sea Island, and large quantities of thisvariety were purchased in the United States. The result of thisexperiment we have already given. but the supply, as stated, cgh-tributed only a small amount to the world's demand. Practicallyspeaking, cotton is so far only established in the WindwardIslands of St. Vincent and the Grenadines, in the LeewardIslands of Antigua. St. Kitts, Nevis, Barbuda, Anguilla, Mont-serrai, the Virgin Islands and Barbadoes.

There remains, therefore, Egypt, índia, and the up lands ofEquatorial África, so large a proportion of which, as the resultoí the recent war, have been added to the British Dominions.Índia, at present, as already stated, produces only an inferior

grade of cotton. A very large proportion of this cotton is used inthe native mills by índia herself. A considerable proportion isoxpovted to Japan. Very little goes to the U.K. because, andalmost wholly because, it is quite unsuited to the requirementsoí the spindles of Lancashire.

The supplies of cotton suitable for the Lancashire mills ob-tainable from Egypt go mainly to England, where they are con-Mimed, and gladly consumed, by the mills. They supply someof the finest counts, and Lancashire could do with increased quan-tities if they were obtainable. The Egyptian supply is necessavilyiimited which we ("The Statist") shall endeavour very briefly to

explain. It is by no means certain that they could be verymaterially increased with advantage to Egypt. Already Egypt is

nnduly dependent upon this crop. At present, owing to world-wide shortage of cotton, as of other raw materiais, cotton growingin Egvpt is exceedingly profitable, but it is never desirable forany country to be practically wholly dependent upon one singlesource of revenue."~~It

has to be remembered that while the total area of Egypt, as

described in the reference books, amounts to some 300,000 squaremiles, the bulk of this territory is desert. Barely 12,000 squaremiles are a vali able for cultivation. Very little rain falls in Egypt.In certain seasons as much as 8 inches is occasionally registeredat Alexandria. At Cairo the precipitation is only 1 inch. Such

parts of Egypt as can be made fertile are wholly dependent uponthe Nile. This means that cultivation is only possible for sucii

distances as the water.. of the Nile can be carried b.v means of

irrigation. Some Õ00 miles of the Nile are irrigated in this way,

but in many cases the width is not more than a mile on eithev

bank. More than two-thirds of the total cotton crop of the

country are grown in the Delta. The cultivable area of the Delta

does not much exceed 3,000,000 acres. Cotton was not grown in

the Egypt of anoient times, although it was imported presumablyfrom the Far East. through the médium of what we now call Arab

traders. Even if we extend, as it is proposed to do, the cotton

area. into the Soudan, this can only be done at the expense of the

available supply of Nile water from the lower regions of the river—that is, Egypt proper. Moreover, it can only be done at tho

epense of making Egypt still more dependent than she is at pre-sent upon the cotton crop.

So far as the vast territory of the uplands of British equatorialÁfrica is eoncerned, the Government is encouraging and the

British Cotton Growing Associatáon is doing excellent work. Be-

fore, however, adequate supplies of raw cotton can be obtained

írom these regions, some time must necessarily elapse. So far

as índia is eoncerned, the case is different: índia already grow.sa very large supply of cotton, and, as we have *aid, in addition

to what she uses in her own mills, she exports large quantities of

u11!

m

_---—g^^^-^^

1042 W1LEMANS BRAZILIAN REVIEW Julv 28th. 1920._¦ j

_______________—.— ^b_________________________________BW__BPBW|B|^BÍ^^'**'*''^''''^'^'^

J. O. White Commercial Co. Ltd.INTERNATIONAL IMPORTERS & EXPORTERS.

COLLEGE HILL CHAMBERS

9. CLOAK LANE LONDON.TELEGRAMS WHITEG0MG0

Agents in

Head Omce:

Branches

Agents for:

HARDWARETEXTILESDISÍNF ECTANTSDRY GOODSPAINTS & VARNISHESCHEMICAL PRODUCTS

RIO DE JANEIROSÃO PAULO

PERNAMBUCOBAHIA

CEARÁMARANHÃO

PARAHYBANATAL

PARNAHYBAMANÁOS

GUAYAQUILCARACAS

MONTEVIDEOBUENOS AIRES

NEW YORK & PARIS

PORTLAND CEMENTMACHINERY

AGRICULTURAL SEEDSTRAMCAR FITTINGS

SLAG BLOCKSLEATHER GOODS

CAIXA POSTAL: 1361

46TELEPHONÉ: NORTE 6414

Avenida Rio Branco -- 46I

RIO DE JANEIRO

___________ 11)11 IIIM llil_ |-fWT_-*™'*'""**gt'i" ________________

Consolidated Construetion Company, Ltd.Amalgamating the Construetion Department of

DICK, KERR & CO., LTD. and J, G- WHITE & CO., LTD. ITelegrams "Solcunstru

Cannon London"

9, Cioak Lane,Cannon Street,London, E.C.4.

46 .- Avenida gie> Branco ~- Rio de JaneiroUNDERTAKES CONSTRUGTIQN CONTRACTS OF ANY MAGNITUDE

OR DESCRIPTION IN THE UNITED KINGDOM OR ABROAD.

Agents in Argentina, Austrália, Brazil, China, Ecuador, Mexica,New ZeaJand, Uniteti States, Uruguay, Venezuela, &c. &c.

Also Connections in ali Countries.

Gontracts executed by the constituent Companies exceed £20,000,000

July 28th, 1920. WILEMANS BRAZILIAN REVIEW 1043

¦the raw material to Japan. This, however, does not feed the

mills of Lancashire. To do that a finer quality of cotton than is

at present grown would require to be raised. Large áreas of

índia are available and suitable for growing the kind of cotton

required. The nativos are already accustoined to grow cotton.

AH that should be needed, therefore, is to employ a sufficient

number of experts capable of training the abundant labour avail-

able in growing a long staple cotton which would meet the demandsof the Lancashire spindles. At present the yield per acre is even

poorer than the quality of cotton produced in índia.This very interesting article, culled from the London "Statist"

should be a warning to the cotton industry of this country of what

may be expected when the Bi itish" Empire's resources are fully

tuilized. Pernambuco and Maceió cottons are mostly consumecl

by Lancashire mills, and were demand to fali off to any great ex-

tènt, the Brazilian cotton growing industry would receive a very

serious check. The remedy would seem to lie in the encourago-

ment of investment of British capital in the local industries whilst

British mills are dependent to a certain extent on Brazilian pro-duction for their supply of fine cottons.

Lloyd George and ths Irish Question. In reply to a deputa-tion of railwaymen, headed by Mr. J. H. Thomas, M.P., Mr. Lloyd

George said:—"What I want to know exactly is what it is thatis wanted. If the idea of a truce is that we should Avithdraw whatis called the army of occupation, which means the soldiers who are

protecting the people who are in danger of being shot down, anddeprive those people of adequate arms and annnunition withoutthe dightest guarantee that there will be no outrage and thatthere will be no shooting, it must be pérfectly obvious to every-body that that is a thing no Government could possibly do. Therewas only one possibility of a truce, and that was 'some sort ofunderstanding. There were two things that were absoluteiy im-

possible. "If it is a question of setting up an independent IrishRepublic in this small group of islands," said Mr. Lloyd George,"that is a thing we could only accept if we were absoluteiy beatento the ground. We take the same view exactly of that positionao President Lincoln took of the attempt of the Southern States toclaim secession. History has justified Lincoln. I have metSoutherners whose fathers fought and suffered for what they re-

garded as liberty, who now admit that Lincoln was right. There-fore, it is no use my giving any hope that it is even possible lodiscuss any policy of reconciliation which involves the recognitionof an inndependent Republic in Ireland." Çontinuing, Mr. LloydGeorge said, "Lincoln faced a million casualties and a five years'war rather than acknowledge the independenee of the SouthernStates. We should do the same thing. We shall defend the menwho repre-ent the democracy of this country, because, after ali,it is the democracy of this country that has sent them there."

It ds gratifying to note that men—and such men as LloydGeorge—are beginning to show a little temper!

and other out of pòcket expenses for evèrybody; an InternationalAnti-Labour Association direct, or misdirect, ali policy, both homeand foreign, at their own sweet will, by means of an intelligentlyconstrueted system of universal strikes. Topsy-turveydom takesupremo command. and evèrybody be happy. and keep smiling,on pain of instant execution.

But there were wily ones who did not wait for this hypo-thetical Utopia ; who saw their way to gather grapes of the tearingthorns, and figs of the envenomed thistles of war.

"Inter arma silent leges," says the tag. Quite <o ; and they,avoiding the "arms," kept their eyes on tho LaAv—and theProfits'; Hence the name: Profiteers. Their name also wasLegion ; and their reading of the ãforesaid tag was: "inter

legiones silent leges," a Latiu joke which had some suceess in"anglo-saxon" countries, but, strange to say. seems likely tocome to grief in the cradle of the Latin race!

Signor Giolitti, Prime Minister of Italy, formulating hisministerial programme on 24tii ult.. announced. in the ItalianParliament, among other items of a fairly drastic policy, that theitalian national debt amounted to some 95 thousand million lire,he intended to reduce national expenses and increase national re-ceipts by every means at his command. inèidentally confiscatingali. excess profits realised, and revising ali contracts for the supplyof Government stores and provisions made during the hostilities.The profiteers he nicknamed "war shark->"; and on 22nd inst.,accoiding to U.P. telegrams from Rome, stated that the said warprofiteers, reacting, had been furnishing funds for promotingtlie street rows lately rife in Italy!

Strangeiy enough, the "demobbing" of rnillions of soldiersseems to have produced a scarcity of labour ali over the world!Tlie demand appears to be chiefly for Italians, who, as a rule,make efficient hands for ali kinds of heavy work, such as housebuilding, road making, etc. The French Ambassador in Rome,says a telegram dated Rome, 24 July, interviewed Sr. Giolettiand the Italian Foreign Minister, respecting a proposed contractfor 100,000 Italian labourers, to be employed in reconstruetingthe deva stated áreas in France. The Italian General Commis-áiòher of Emigration, being called in to give his opinion on thesubject, said that, Italy herself being shorthanded, he consideredthat other nations must not expect to absorb a large part of theItaüan labour resources. It appeared probable that France'srequest would be acceded to in part.

The report of the same Commissioner, Signor di Michelis,presented on Wednesday last, entered into particulars showingthe reasons why Italian labourers, at the present time, preferi!'-:Argentina to, the other South American countries. Meantimo.the Government of México, represented by Mr. Hay, is also mak-ing proposals to facilitate immigration of Italians to that richbut occasionally somewhat disturbed country.

War-wcrk v. Peace-work. Thè war was nothing but lur.clwork—bítter hard! While it lasted mankind longeci and even

prayed for peace. There seemed to exist a universal opinion thatwhen the work of war was over and "the Star of Peace returned,"a sort of socialistic millenmm would proniptly ensue. Play, Peaceand Plenty be interchangeable terms, while War, Work and Wonywere relegated to the Inferno from which they carne.

In England, "stout parties," thinned down t0 racing weightby an arbitrary rational cliet, would at once resume their previousrotund comeliness (for the curve is the line of beauty) ; coal

mdners and other produetive potentates, working reduced time,be remunerated in inverso ratio to their total output; daylabourers be paid still more princely salaries than before for

shorter hours than ever; domestic servants, now thoroughly

undomesticated, accept wages (plus use of motor, etc), on con-

dition that their "mistresses" did the householcl work, while they

themselves had every night "out" and every day idle; the Rich

be taxed in such a way as to provide funds for ali "MaffiekiuQ;"

The Allies' Debts to Britain. The Lympne agreernentprovidos that French and Belgian repayments of war debts toBritain shall depend on German payment of war indemnity. Italy,Seibia, and Rouniania are making representation to be placed onthe same footing. The Allied indebtedness to Britain, says "The

Financial News," amounts to £1,666,000,000, of which Italy owes£470,000,000, a portion of which was borrowed from Americathrough Great Britain. The obligations of the Allies to GreatBritain (exclusive of post-war advances for reconstruetion) areapproximately as follows:—Rússia, £568,000,000; France,£470,500,000; Italy, £470,000,000; Belgium, £86,500,000: Serbia,£-0,000,000; Greece, Portugal, Rouniania, etc., £51.000,000;total obligations to Britain, £1,666,000,000; Britain's debt,£0,500,000,000; net Bi itish debt, £4,834,000,000.

The difference is still enormously on the wrong side otBritain's balance sheet. The Dominions, however, are payingback to the Mother Country the war debts they owe her. Rússia.is hopeless for the mornent. The Aiiglo-French agreernent atLympne, if it becomes a decision, will have immense adverse possi-l)ilities for Great Britain. It puts that country in the position ofhaving to put the screw on Germany to exact the indemnity—or Great Britain goes without the first payment of debts fromthe Allies.

:S

----- ___________________ jjsg _______

1044 WILBMAN'S BRAZILIÃN REVIEW July 28th, 1920.

Banque Française & Italienne pour 1'Amerique du Sud^ead Office: PARIS, 12 Bue Halevy

CAPITAL: Frs. 50.000.000 — RESERVE: Frs. 25.393.537,87

BRANCHES IN BRAZIL: SSo Paulo, Rio de Janeiro, Porte Alegre, Santos, Curityba and Pernambuco.

agencies IN BRAZIL: Ribeirão Preto, S. Carlos, Botucatú, Espirito Santo do Pinhal, Moeóoa, 8. José do Rio Pardo,^= jahú, Ponta Grossa» Araraquara, Caxias and Barretos.

BRANCH IN BUENOS-AYRES: Cangado, esq. 25 da Mayo.

GENERAL AGENTS IN BRAZIL AND ARGENTINA FOR: The London Joint City & Midland Bank, Ltd., London.Banca Commeroiale Italiana, Milan. Societe Générale pour Favoriser, etc, Paris.

Official Correspondents of the French * Italian J^"»^ «** the Swiss Federal Postal Anthorities

FOREIGN BANKING IN ALL ITS BRANCHES

BANCO ESCANDINAVO-BRAZILEiROCapital Fully Paid Up 5,000,000 Krorçers

Bank founded in Brazil by a Syndicate of 32 Norwegiàn Banks

with a capital and surplus of

659,100,000 Kroners

General Banking Business, with speeial facilities offered for financial

operations in the Seandinavian. Countries

Telegr. address:- "SKanbarçK" Telephone:— Norte 6451

RUA DA AtFANDEGA, 32

Tancredo Porto & O'! í

CASA BRAZILEIRA.

BANKERS. COMMISSION ACENTS. IMPORTER8.

Drafts drawn on ali the prinolpai olties of Europo, North

and South Amerloa.

Exportars of Rubber, Nuts, Coooa and Hides.MANÁOS, BRAZIL

22-19-8

Jessouroun Irmãos & Co .Ltd

COFFEE AND CEREAL MERCHANTS.

Caixa Postal (P.O- Box) 1751. Telephone: Norte 3186.

RUA SAO BENTO 16> RIO DE JANEIRO.

BRANCH OFFICES:

SAN7QS: Rua 15 de Novembro, 88.

S. PAULO' Rua 15 de Novembro, 26—lst floor.

IMPRENSA INGLEZAPRINTING OF EVERY DESCRIPTION.

ACCOUNT BHOKS RULED AND PRINTED TO ANY DESIGN.

SPECIALISTS IN LOOSE-LEAF LEDGERS, ETC

OUR REPRESENTATIVA WILL CALL ON RECEIPT OF REQUEST.

.July 28th, 1920. WILEMAN'S BRAZILIAN REVIEW 1045

Canada's Pap_,r Currency. , According to the Department of The financial movement:-

C^^^^.^^^o^^^^ im 26«63 JSS&à ».«2S»to $300,000,000 dois, of which $102 000,000 are hacked by gold 30

502-984S262 14.142 _-030$303 16.360:953$959and $146,000,000 by approved seeurities. mfl "'

31926:225$203 15.841:783$786 16.084:441 $417

^a^..^^ >*. ¦¦¦ 33.660:918*839 2_44_:518*«_ 12.215 :399*937

voar huge sums that had accumulated in índia during the war ^ ^ rf ^ formidable falling off of 43.2 per cent in the

must have heen converted into sterling, owing to the phenomenaliy ^^ ^ ^^ ^^ .^.^ ^ - .^^^ of 2m :543$22o

high rate of exchange, and this has helped more than anytnvng ^ . g ^ ^ ared ^ m8 and of 2.913:460$833 or 9.4dse to bring about the fali. The situation isto be welcomed, be- ^

^ ^^ ^^ ^ ^ f.^ ^.^ m4_lgcause it will bring about greatly improved trade condition, between E

however, continue to rise and compared with 1918tho U.K. and índia. The latter has of late been a very large ^

^_ ^ úfá^jféfe Qr 161 per cent and 0f Rs.I.uver of British cotton and other goods, thereby lurtlier assistmg _

5Õ4.928$826 or 34.9 per cent with the annual average (Rs.the decline ih the íupee. Our own demand for Ind.aii goods will , - p0f) ;589$()77) for the fiye years 1914_18.now be greatly stimulated by the move favourable exenange. in- ^

^ ^ nditure to reVenue is now 63.7 per cent ascidentally, it is a very good thing for British companies opera, mg ^

^ ^ ^ ^. .QUH

year and m per cent for the• T«rlio _nnb _ . toa and rubber producers, which have been in fo, ,lin Índia, sucn as xea «um i '. . P ,, ciuinquennium 1914-18.the habit of remitting moneys to the East for the upkeep^ot the ^

^ ^^ ... ^ q„ materia]s> stor€Sj fuel and in.

properties. The process will now be far less costly. io ^^_ ^ _^ ^ ^ factm.s that colltributed to swell ex-

Financiei-." penditure.

Inclusive of balance brought forward, and after paying the..A New Belgian Company which has just been ioimed to uir b

^^ òf 12 735:143.$739 wa8dertake particularly the exploitation ot tunber, the eohe*on -

^_balata, and of other forest produets andi the cultivat on_p foi t

^ ^ q£ m9 at 1Q% _ 9;320:000$00Qpalms, cocoanuts, Hevea, etc, » the Soetete Generale .k «tu ^^ .gg() ,_ 1.500:407$120et dTndustries Tropicales. It has a capital o frs. i,000,000 and 466:000$000will be managed from Paramaidbo, Bra5_U.-«The índia Rubber

^^^ 200:000$000Journal." peilsion Fund 130:000*000

' ___. _____.__._nro Forest Service Fund 754:318$0o0

REPORTS AND MEETINGS OF COMPANIES ],,.,,Si carried forward 364:418$569

The Paulista Railway Report. Length of lines unchanged at R§ _2 735.143$7391,245 kilometres, of which 44 kilometres are double track. The ota

service was maintained with regularity, the traffic movement being The service of the foreign debt, amounting to 1.484:82õ$74Qas follows:— uns punctually met. During 1919, the amount of £80,000 of 1892

London loan was redeemed, fpreign obligations being thereby re-

Passengers Animais Luggage Coffee Goods Telgrnis ^^ ^ £1j610j800.No. No. Tons Tons Tons No. with

^ addition of Rs. 200:000$ in 1919, the reserve fund

1915... 1,875,482 106,559 22,744 600,965 756,422 399,997 ^ ammmts to 4.600:000$, of which 3.153:581$130 to nominal

1916... 1,997,294 218,658 26,344 519,032 885,383 445,96.1 va]ue of £204j000 are invested in Federal Government 5 per cent

1917... 2,019,296 323,952 27,813 534,801 944,706 478,253 m)S Lmidon loan? i54:313$200 or 300,000 franes in French 1917

19.18... 1,976,889 315,851 28,945 422,954 1,033,782 544,634 ^ 1918; loalls and in debentures of the Banco Hypothecario e

1919... 2,344,248 382,753 36,001 239,709 1,233,056 601,35') Agricola do Estado de S. Paulo, amounting to fcs. 31,000. The

balance of the reserve awaits definite application;In 1919 passenger traffic _ho\vs a substantial increase of The enormous increase in the cost of coal turned the company'«

367,359 or 18.6 per cent as compared with the previous year and attention to electrification of certain lines and the first section,

of 366,209 or 18.5 por cent with the average of 1,978,039 for the from j^diahy to Campinas, will be commenced shortly.

five years 1914-18. The number of animais transported Ukewiseincreased by 66,902 head as compared with 1918 and by 175,534 It/TOlYTTF

Vwith the animal average of 207,219 for the five years 1914-18. IjXvJIM JJi X ¦

Luggage increased by 7,056 tons or 24.4 per cent comparedwith the: previous year. . Ofltola.

Exohang. Qu.taf.ns, Câmara Syndlo». and Vala..-

Owing to the very <___! coffee crop (1919-20). a great part of 90 days Sight Sovere^us May \ ales

>vl,ich d carried during the second half of the calendar year Ju]y 19 .... 1.3 5,-64 3 49-64 - 4$57, ;$36T

1919, the quantity carried was 183,246 tons „r 43.2 per cent less July 20 .... 13 5-8 3/, 21$850 4$693 -$36-

tha, in 1,18 and 261^ tons or 5,1 per cent less than the average £1,21 .... 13 11-16 13 9-1^ =

4,636 Hg

'"'¦ tn ;: 5S tlic8show8 a ««factory increase of 199,774 Ju,y 23 ,.í 13 15-16 13 13-16 2||0 4$633

f 367

tons or 19.3 per cent ns compared with 1918 and of 341,218 tons July 24 .... 13 lo-16 13 13-16 22$2o0 4$671 .^<

or 38.2 per cent with the average for the five years 1914-18. õ2«4fíb 4S650 28367f^^^^mm^^^^''^'1 CvSnt.- 1i3_^79 1.^79 IP» $S 2$$367

345,721,032; 1918, 334,451,loO; 1919, 3/2,340,.00. ^iIn spite of the very small coffee crop (1919-20), due t^ tte Mond

1Qth July. The Bank of Brazil posted 13 15-16d.disastrous frost of 1918, the traff,d shows almost umn enupte ^

^ __gd ^ ^ ^^ ^ ^ ^ ^^increase. The company contuiues to carry .mm giants and tn ^

^^ continued weak and closed withbaggage free of charge, the former amounting to 10,214^in

. ^^ ^ fe ^ 13 cheIt was dne to the initiative of the Pauhsta O™^»'^ l'w

Vork-Lofdon rate carne «3.85K and Paris London 46.50 per _grants were transported free. D_r,„g the 37

£«V™^«V. Tllesday, 20th J„ly. The Bank of Brazil posted 13%d. OtherDecember last, this company carried _ 21,84/ immigrants lepr ^

^ ^ ^ ^ ^ ^^_ ^ ^_ f^ commercial billgsenting a value of Rs. 3.562:559$390.

II

,»!__

-r- •»-.*___¦

———"

1046 WIL_MAN'S BRAZI-Í.AN REVIKW July 28th, 1920.

L. Guéret, Ltd., Cardiff___-. A^niAinn •nriiTD l..'

__. iCíSflsf-;. _ _£S_t_?K_-~SS^ —Manufacturers of t_- "ANCHOR" PATENT FUEL

F.rst Prix.»Gold Medal-

Telegrama '• Guéret.' -.__«_.£."Do "Ter-ug. Laiulon

T-.-_.W-e 3280 C.rd._r

Barcellona, Milan1906, 1888Pari., 1889

iold rvieaa.a i.iepnone _»_»wv -_¦___..__

Branch Offices at London, Newcastle-on-Tyne, Swansea, Port Talbot. Newport and Glasgow.

Guéreís Anglo-Brazilian Coaling Co., Ltd.Shioowners Coal Exporters, Depot Proprietors and Foreign Coaling¦Contractors Steamers Bunkered

P It shortesfnmk^'.Large Stocks of Best Welsh Coal and Best American always avaüable.

HEAD OFFICE: Cambpian Buildings, Cardiffm 1 t. <ii cf. .i iWcA Telegrams: -'Nahgallac."Telephone: 3156 (3 Unes). .¦¦¦_»-_,¦¦•¦_

PePòts irt Oir--_i--gil:—

RIO DE JANEIRO AND RIO GRANDE DO SUL

AGENCIES: London, Liverpool, Newcastle-on-Tyne, Sw.nsea, Port Talbot, New-port, Glasgow,Paris, and New York.

The Anglo-Argentine Coal Co., Ltd.Coal Exporters and Depôt Proprietors. Foreign Coaling Contractors. Bunkering a Specialty, ampleCoal exporters ano^ P{

Bes/Welsh Coal and Best American bemg always available.

HEÁD OFFICE: Cambpian Buildings, CapdiffTelephone: 3156 (3 lines). Telegrams: "Nahgallac.

Depôts in tlie Ai-ger-tirie:--

BUENOS AIRES: Rivera Süd Riachiielb. SANTA FK : Zona dei Puerto.

AGENCIES: London, Liverpool, Newcastle-on Tyne, Swansea, Port Talbot, New-port, Glasgow, Parisand New York.

i

Guérefs Anglo-Uruguayan Coal Co., Ltd.Coal Exporters and Depôt Proprietors. Foreign Coaling Contractors. Bunkering a Speciality, ample

stocks of Best Welsh Coal and Best American being always available.

HEAD OFFICE: Cambpian Buildings, CapdiffTelephone: 3156 (3 lines). Telegrams:

"Nahgallac.»

Depôt i_x U-rvrg-vt^y;—____________¦__¦____-____-_-_--____»¦¦¦—¦¦—¦mmm

MONTEVIDEO

Ltd.Guéret, Gait & Co.,34, LIME STREET, LONDON, E. C. 3

SHIP & INSURANCE BROKERS, COAL MERCHANTS, AND FOREICN COALINC CONTRACTORS

BÜNKBRS SUPPLIJED AT ALL PORTSSOLE AGENTS for PIRST-CLASS SUPPLIES at

THIRTY DEPÔTS, CABLES:

including UNITED KINGDOM, CONTINENT, «TEREUG, LONDONMEDITERRANEAN, SOUTH AMERICA, etc.

CODES

A 1A B C 5tliBcntley aLteber sScott'. lOt-iWatktnsWestern Unton J

July 28th, 1920. WILEMAN'8 BRAZILIAN REVIEW 104^

nt 13 13-16d The market opened weak and branks soon lowered

their rates to 13 ll-16d, with money at 13%d. The market con-

tinued to weaken and fell to 13 9-16d, with money tor prompt

bills at 13 21-32d. At the close the market was steadier and banks

were reluctant. buyers except for prompt delivery, but the best

obtainable at 13 ll-16d. The New York-London rate carne

$3 82% and Paris-London 46.90 to the £. .,-,„¦,-,.,,

Wednesday, 21st.Iuly. The Bank of Brazil posted 13 II-loc.

Other banks quoted 13 5-8d to 13 ll-16d, with money for commer

ciai bills at Í3%d: The market opened firm and during the day

some business was done in bank paper at 13%d. After iioon tlie

maltet beeame irregular, but elosed at the opeumr**>;. The

New York-London rate carne $3.84/, and francs 46.9o to thez£.

Thursday, 22nd July. The Bank of Brazil posted 13 ll-16d.

Other banks quoted 13 5-8d to 13 lM6d, with money for commer-

ciai bills at 13%d. The market was stagnant throughout the

morning, but towards mid-day there was strong selling on the

part of one of the Italian banks, which carried the market to

about 14d, some £300,000 being reported to be sold The Plate

ports were also sellers during the day. The New York-London

rate carne $3.80 1-4 and Paris-London 48.o0 to the £

Friday 23rcl July. The Bank of Brazil posted 14d. Otnei

banks quoted 13 7-8d to 14d., with money for commercial bills at

14 3-16d The market opened erratie, but in the absence ot sellers

«agged during the day and closed at 13 7-8d bank and money for

bills at 14d. The New York-London rate carne $3./9/2 and laris-

Loncio'1 50 to 50.50 to the £. . ,a 1K,lfl1Saturday, 24th July. The Bank of Brazil posted 13 Lô-16d.

Other banks quoted 13 7-Sd to 13 15-16d, with money for commer-

r-iil bilis at 14 l-16d. The market opened steady, with few takers

and banks were more anxious to sell than to buy. During the

forenoon several banks drew at 14d, and the Bank of Brazil posted

14d at noon. The New York-London rate closed ye.torday m New

York at $3.76% and Paris-London opened to-day at 50.25 per £

Rio de Janeiro, 24th July, 1920.Bank of Brazil Other banks

Closing, July 17th 14 3-16 14 1-8 to 14 1-8

Ditto, July 24th 14 13 7-8 to 14

Fau 3-16 1-4 to 1-8

The market opened on Monday, 19th July, weak at 13 lõ-16d,falling steadily to 1.3 ll-16d, but hardened again on Thursday to

1-ld, closing on Saturday steady at the same rate, with banksmore anxious to sell than to buy.

The market continues without backbone and exchange lookslike dropping to 12d, though the concensus seems to favour a

rise in August or September.Bills continue very scarce, but the market appears to iiave

money.On Thursday there was strong selling on the part of one .of

the Italian banks, some £300,000 being reported as sold, which

drové the rate up to 14d.Coffee is stagnant and other exports at the lowest ebb of the

year, the value of exports of 13 leading staples at Rio and Santosfor the week ended 21st July having dropped from an average or

£182,000 per diem for the month of June to only £92,000.The New York-London rate continues weak, dropping steadily

from $3.88% to the £ on Saturday, 17 July, to $3.76% on Satui-

day last. Francs kept pace with the cross rate, dropping from

46.50 to 50.25 to the £.

Imports of Gold into Argentina during the first quarter of

1920 amounted to $75,941,876.24 (Argentine gold), distributed as

follows: From United States, $67,719,438.80; United Kingdom,

$8,219,917.44 and Uruguay, $2,520.00.

APPROX.MAT* VALUE OF TH.RTEEN LEAD.NC EXPORTS, R.O ANO SANTOS, .N £1,000.

No. of days. Coffee31 January 3,51228 February 7,22731 March 7,02330 April 5,85731 May .: *,61630 June 6,967

Mang'ese146148119•61

8134

Meat,239151

43358

47235

Sugar1826

Beans41122

8211519

Cotton

1133

3

Rice39

28

Hides35

1401951

134

Lard408247108

8936

139

Sundry11776335278

116

Av. pt-'iTotal diem4,925 1597,873 2817,492 2416,490 2164,924 1607,675 256

lst 6 months, 1919 .... 35,202 589 1,073 26 496 47 68 379 1,027 472 39,379 218

31 July 7,16931 August 5,23130 September 4,71531 October 5,85430 November 6,48531 December 3,224

18713434

13558

4744

511656254166

12105135201374446

935

40165444

3806279

5391.114

2733316559

242

41646

71150

77137

16015965

350284148

55*44

52715133

7,9686,4085,6847,5008,4236,012

257207190242281L94

2nd 6 months, 1919 .. 32,678 350 2,065 1,273 701 1,877 457 1,122 1,166 306 41,995 228

Total 12 months, 1919 67,88QMonthly average, 1919 5,657Weekly average, 1919 1,305

9397818

3,138262

60

1,299108

25

1,19710023

1,924160

37

5254410

1,501125

29

2,193183

42

7786515

81,374 2236,781 2231,565 223

Total, 12 months, 1918 18.039"Monthly average, 1918 1,503Weekly average 1918. 347

31 January, 192029 February31 March30 April 31 May

2,046171

39

3.23026962

9678119

1,641.137

32

23720

5

1,350112

26

1,0008319

1,1319421

29,6412.470

570

818181

. 5.209.. 5,101.. 7,290

... 5,326

... 4,13030 June HJ04lst 6 months~l920 31,260Monthly average .... 5,210Weekly average 1,202

Week ended^^JulyTTr" 7Õ8Week ended 14 July . 772

Week ended 21 Jul • 4fi71 to 21 July l'>?47i}Subject to alteration.

312296

118286153

883220

34396120364

27116

209169

779

153

627614482317453107

299211471336519550

70611827

46111157

2,01733678

2874811

4828018"9"

2,600433100

2,386398

92

261192991576047

~708~

11827

481835

1310

84275

1135222

7,6116,5328,8596,7725,6485,460

24 F225286226182182

12421

5

3125212

"40,882 2256,814 2251,572 225

110

73

73

2661023

299

29

4170

362

11

"1.088 156

834 119645 92

2,567 122•Sundry comprise Cocoa, Tobacco, Cotton-seed and Mandioca Meai.

z.••••!:¦

I ' ¦¦——

1048 WILEMAN'8 (BRAZILIÃN REVIEW July 28th, 1920.

RODUCE & WARRANT COMPAN< Société Anonyme Belge )

Agents for the ROYAL BELGIAN LLOYD and.

8. A. MOLINOS HAR1NER08 Y ELEVADORES DE GRANOS(Belgian Company)

Proprietors of the "MOLINOS RIO DE LA PLATA", Buenos Aires

Imports and E*poi<tsCOFFEE, CEREALS, WHEAT FLOUR, ADVANCES AGAINST MERCHANDISE, INSURANCE

AND SHIPPING FLEET 0F THE ROYAL BELGIAN LLOYP

Produce & WarrantCompany

STEAMERS Tons.Dw. STEAMERS Tons.

Dw.

mHeadOiiice: ANTWERP, Belgium

BRANCHES IN BRAZIL

Rio de Janeiro: Avenida Rio Branco 45,47, 49, 2nd floor.

Santos : Rua Santo Antônio 25.

São Paulo : Rua Alvares Penteado 35.

Bahia Rua S. João.

OTHER BRANCHES:

Buenos Ayres, New York New Orleans,

Amsterdam, Genoa, Havre, London,

Milan, Havana.

Algerier ....Andalusier..AnglierArabierArgentinier.Armenier ...AsierAustralier...BelgierBolivierBrabandierBrazilier —Bretanier ..BurgondierCaledonier.Cambrier..Canadier ..Catalonier.ChilierCimbrier ..Colombier.Carabineir.Dalmatier..DanierDanubier..Devonier ..Eglantier. .EIvierElzasier...,ErinierFlandrier. .Frankier..,Gallicier...Gallier ...,Gasconier.GrenadierHastier —Helvetier.IbérierIndier. ...Ionier. ...ItalierKeltier—

5,10011,0005,b206,6504,2001,4005,000

LivonierLombardier.......LondonierLt. Jean Laurent.MacedonierMazout Menapier,

8,130 Morinier8,120 Marconier..8,400 Meissonier .6,000 Nervier8,100 Nipponer...6,800 Normandier8,100Olympeir ...8,130 Patagonier..3,200 Persier7,000 Peruvier2,000 Phcenicier...8,100 Picardieir. .6,516 Pionier3,244 Remier4,000 Rogier2,000 Roumanier.

11,000 Scaldier3,200 Scottier.. .4,200 Serbier8,130 Sicilier1,040 Spartier. ..S.lOOiSuévier7,207|SyrierójõSO^axandrier6,5803,2008,1308,1004,0003,0002,4503,2008.1304,2003,500 L8,130 .

TongrierTrevier..Tunister.Tusilier .Ubier ...Venetier,Zeelandier.

R. B.R. B.R. B.R. B.

lL (passenger)dittodittoditto

4,2002,4508,130

10,0008,000

8008,1307,1504,0004,0008,1003,2007,1758,4008,1308,1305,0003,2003,2208,1305,2505,120'8,2006,0506,125!3,2003,2004,2008,4002,0008,1005,120,8,100,5,1004,0004,8203,200

8509,0009,0009,0009,000

General Agents in Brazil and Argentina for the following twoimportant Marine, Fire and Transit Insurance Companies

Norske Atlas Insurance Company, Head Office: Kristiania, NorwayAisr>

Motor Union Insurance Company Limited, Head Office: London, England,

RIO DE JANEIRO: Avenida Rio Branco, 45.47,49,2nd. íloor. TELEPHONESGerencia: Norte 1837,Caixa—Norte. 3496.Dep.o Farinha de trigo. Norte 4250.Dep.o Marítimo; Norte • 55.Dep.o Seguros; Norte 1987,

u

July 2«th, 1920 WILEMAN'8 BRAZILIAN REVIEW 1049

I Baldwin Locomotive WorksI =^========== Cable Address: "Baldwin" Rio de Janeiro =

LOCOMOTIVES OF ALL CAUCES FOR EVERY USE.MANUFACTURERS OF

Locomotives for Logging and Industrial Purposes and for Mines, Fazendas, and Plantations.Locomotives for Permanent or Portable Track. Electric Motor and Trailer Trucks.

Ali Engineering Products.

Baldwin service includes Manufacturing, Engineering, Shipping and Finance.Office: 5, RUA DA ALFÂNDEGA, Rio de Janeiro

Movement of Other Rio Exchange Banks, 30 June, 1920.

In which that of Branehes is includedIn Contos of Réis.

PercentagDiscounts Sight Fixed of Cash

Cash ,and Deposits De- to SightLoans posits Deposits

Bank of Brazil 84,591 244,184 200,994 20,100 42.1

Française et Italienne . 59,833 115,868 165,016 61,814 36.2

Italo-Belge 13,062 30,431 36,351 2,209 35.9

Italiana di Sconto 13,928 37,413 33,581 8,479 41.o

Hollandische v. S.A.§ . 12,765 20,304 27,288 2,460 46.8

Brasilianische fur Dd..* 10,293 22,620 14,297 10,218 72.0

Dd. Uberseeische 4,528 6,185 4,70Q__3j31__96.3

Total, 30 June, 1920 ...199,000 477,005 482^27 108,611 41.3

Do, 31 May, 1920 185,086 459,419 468,201 105,651 39;o*Including inter-hank deposits not discriminated. §Includmg

11.540:115$ in foreign money.

Increase or Decrease of movement of ahove Banks, June on

May, 1920:—Cash D.&L. S.Dpts. F.Dpts.

Bank of Brazil +3,846 +2,789 +5,626 + 721

Française et Italienne .+1,420 +2,100 +11,073 +1,224Italo-Belge +1,673 +1,971 -1,875 + 06

Italiana di Sconto +1,280 +6,823 -1,635 + 104

Hollandische v. S.A +2,978 +1,215 - 667 - 31

Braziliani^che fur Dd. ...+2,398 +2,279 + 661 + |5

Dd. Uberseeische ,+ 319 + 409 + 843 +J61

Total, 30 June, 1920 ....+13,914 +17,586 +14,026 +2,960

QUANTOS SOMOS?

DOLOROSA INTERROGAÇÃO!...

FAÇAMOS O RECENSEAMENTO.

Money Market Quotations.24 JuF20

*Rip Municipal, 1906 buyers 191$õ00* Apólices unified, 1:000$ huyers 903fS*Ditt'0. 1917, buyers 191$*Bank of Brazil, buyers 259$Brazil Funding, 1898, 5 per centDitto, new 1914 .¦¦'.-..¦Conversion 1910, 4 per centDitto, 1908, 5 per centFederal District. 5 per cent .'Brazil Railway Brazil Traction Leopoldina Railway 34$S. Paulo Railway 152%Dumont Coffee 7%% pref 7,%St. John d'El Rey Mining Ord 15-6Rio Flour Mills 70London and Brazilian Bank 26Royal Mail Ordinary 115%British War Loan, 1920-47 5 % 84 7-Consola 2% per cent 46 5-French rent 58.10Ditto, 5 per cent, 1915 88.60Ditto, 4 per cent, 1915 71.35

17 Jul'20 24 Jul'10191$ —

190$500 —

71834966%65%

3%48

%

70634967%65%

3 3-847%36

153%7 3-8

16-67025

11785 5-847

58Í.5088.5071.30

9487628187

763%35

165

1881-326%

1659451%

61.5089.4771.35

IMPRENSA INGLEZAENGLISH PRINTESS

Ali Kinds of Book and Job Printing and Binding.The Only Manufaturers of Loose Leaf Ledgers in Brazil.

Catalogues on Application

RUA CAMERINO, 61Caixa Postal (P. O. Box) 809 - Telephone Norte 1966

RIO DE JANEIRO

m

; bi i

_^_^_iíã_MM_imaÊÊgÊÊÊÊ ¦---

1050 WILEMAN-S BRAZILÍAt? KE Vl»"W 'JFoIy.2atb3.^0.

n, - --' r •" " j__m____é___—m ___¦__-

JOHNSTON & CO., LIMITEDEXPORTS OF COFFEE, CEREAIS, SUGAR, AND ALL BRAZILIAN PROtfUCE.

STEAMER AGENTS — MARINE INSURANCE.

-Í1..-.Í»;.-.. . ..'J

AGENTS IN BRAZIL FOR: —

Kerr Steamship Cd. Inc.

Kerr Steamship Navigation Corporation

Kerr Chartering Company

Wilhelmsen Line

• i". : ¦:,(k\.

> 'J o v.

New York & Cuba Mail Steamship Cc.

(Ward Line)

i

•*"

Booth & Company Inc. (NewOrleans Line.)';

Hudsons's Bay Company

Bay Steamshio Company

Chadwick, Weir & Co., Limited

LONDON2 Great St. Helen's

RIO DE JANEIROAv. Rio Branco 65/67.

SANTOSRua Frei Gaspar 24.

S. PAULORua S. Beato. 45

Esa-aeKai-tsxas—

CONTINENTAL PRODUCTS COMPANYBEEF AND PORK PACKERS

São Panlo—Brazil

BONÉS HORNS CASINCS FERTILIZERSPORK PRODUCTS HIDES TALLOWÓLEO STOCK CANNED MEATS LARD

EXPORTERS OF ALL PRODUCTS OF A MODERN PACKING HOUSE

REPRESENTED IN PRACTICALLY ALL IMPORTANT FOREIGN CITIES

WILSON & CO—CHICAGO, ILL., U. S. A.

Wilson & Co.Havana—Cuba.

British American Products Co.Victoria Wharf

Btrkenhead—England,

Wilson Commission Co.Via XX Settcmbre n. 42,

Genoa—Italy.Wilson Commission Co,51. Rue Jean Jacques Roussejiu

Paris—France.

Archer & Co. Wilson Commission Co.58, West Smlthfleld P. O. Box 356.

London—England. > . •". ; Rotterdam—Holland.Wilson & Co. Wilson _ Co.

15, Temple Street New Hibernia Chambers.Liverpool—England. London—England.

MARTINIUSON & BLOMBERG ¦«¦-_« fa(Henry Martiniuson-Carl Blomberg)

General Export & ImportHead Offiee: Rua São Pedro 63/65- RIO DE JANEIRO

ALL CODES USED

Branches in Brazil São PanloRua Libero Badaró 136

Santos -ky Porto AlegreRua Santo Antônio 37 Rua Bento Martins n. 2

LArgentine Branch: HENRY MARTINIUSON

(Manager: Horaee V. Watson)O-Ule ísS-aaiL Martin &&&, BUENOS AYRES—Cables: "Transocean"

___i

JulsOSBfcty: J8'20L,T. WILEMAN' S BRAZILIÃN: REVIEW 1051

mgg m .

24 July, 1920 17 July, 1920

Exchange: N. York-London r^Ujn •

(|eleg.) dol. per £ 3.76.75 .' .lll, 3.89.Q0

Paris-London _(sight) fcs per £ ' ;50.25 ;¦

;46;37 ;Sight;rates-,'ílro om - ------

London pence 13 17-32/13 11-16 13 3-4/13 7-8

Paris •' n -• 1354-. $360 $375- $381

Italy ..'li $250-$258 ,' : $267- ;$273Portugal .... $830- $880New York .... I$660—4$720Switzerland .. $808— $825B Aires, . peso. 1$815—1$850B* Aires, gold. 4$180-4$230Spain ; ':;:':..;. ' $735- $758Montevidéo . 4$120-4$30(>Denmark ...

.;;...;' $779— $soo1$020—1$0602$395—2$470

.... $380— $395(flr.) 1$630—1$660

NorwaySwedenJapanBelgiumHollondÁustriaHamburg $108— $130

-$825— $8704$430—4$490

$800— $8151$810—1$8704$110—4$170

$715— $7354$120—4$300

$761— $765$765— $800$995—1$020

2$380$403— $405

1$575—1$610$045

$117— $125

24 July, 1919

\ . 4.37,37

31.02

14 5-16/14 3-8$540— $551$448-; $452

2$070—2$2203$820—3$895

1$610—1$6503$600—3$730

$740— $7453$940—4$050

$350

Valno or £ sterlingàHight rate 17$219-17»297 16$916-17$066

Value 1 sovereign ~_.inríbixyers 22$500 ^21$j°°

Discounts, London 6 5-8 6 5-8 %Ditto, New York .. 8 8Do, Bank of England 7 % 7

3 9-16 %1-4 %

%

COFFEEllio de Janeiro, 24th July, 1920.

Cic-ing QnotatTous •—Spoí '-¦-- New York. --

Rio Santos Rio Santosl %3 4s' ... ts' ;.:;; 4s; 7s

July 17 ....TH l;4$60f) 12$200 13^c 19^c 17%cJuly 24' /.... 1.3$70O.,;.; 12$000. ' 12%c " 1.8%e 16%o

Fali '. :$900 . . $2ÕÕ 1.0c

Ditto) % '6.2 '• 1.6 7.5 3.9%c

4.3

Ontions iRio Santos New York

Sept. Sept, Dec. Sept. Dec.July IV 14$30O 10$275 10$400 11.79c 11.88cJuly 24 13$650 9$950 10$100 10.75c 10.91c

.FuU • $650Ditto. % .4.5

.$3253.2

$3003.5

1.04c8.8

0.97c8.2

iNote.—Rio quotations per 15 kilos, Santos per 30 kdos, aiv.New York per 11.

*Saturday being a holiday in the New York Exchange,, werpmtc Friday's closing prices.

The Local Market has developed a weak tendeney, probablya refíêction of the stato of things in Santos, and closed yester-day (Tuesday) 1$000 down—a bigger drop than most expected.New York followed suit to the tune of 56 points,. with both mar-kets still inclined downwards.

IH»

Railway NewsTHE LEOPOLDINA RAILWAY COMPANY.

ESTIMATED WEEKLY TRAFFIC RECEIPTS.

Year Week EndedReoeiyts for Week TOTALfrom

Cürrency. Exchange '

Sterling j lst January

1920

1919

July, 17

July, 19i

852:000$838:0008

14 9 32

14 1/2

£ 50,698j £1.528,467

£ 50,629, £ 1 -014 521

Increase..

Decrease .

14 000$

7/3?

69 -13,916

THE S. PAULO RAILWAY COMPANY.

ESTIMATED WEEKLY TRAFFIC RFCEIPTS

.Year Week EndedReceipts for Week

Cürrency I Exchange

TOT.U;from

Sterling lst January

1920

1919

July. 11 779'239?500; 14 7/16

July. 13 i 005 098*800, 14 1/4

£ 4*3.876-2-611,240.169-17-10

£35.927-U-10|.£ 881.177-2-3

Increase..

Decrease.

174:1408700 3/16 \£ 10 948-7-8.£ 353,992-'5-

Increase compared with corresponding week last year: -í>if-

íevenees of exchange, £472 14s 8d; meat. W^l^™*^.beans, (f:082$100); £426 Os Pd; other traffic (166:9v8$10O;£10,044 15s 6á; total, £10,948 7s 8d„

THE SANTOS MARKET.

Monday, 19th July. The market opened very weak, with a

large number of sellers, and fair business in August and Sept.

options. At close the market became steady, with some monthsfirm. Spot closed paralysed.

Tuesday, 20th July. The market opened steady, with onlybuyers of far months, particularly December. The market closedvery active, With good business in near options and large sales ofDecember. Spot was weak at 11$ for old and 12$ for new croproa st coffees.

Wednesday. 21st July. The market opened very quiet. with

fáir movement. some bu-iness in July to Nov. options, and a rise

in ali months. Interest, however, was centred on December. Themarket closed more or less steady, with August to Nov. ivoll

quoted. Spot closed quiet. with . some sales at 11$ for old and

12$20O for new crop coffees.Thursday. 22nd July. The market opened weak, with Sept.

and Dec. the active months. At close the market became firm,with good business in ali options, particvüarly in March. Spotclosed steady. with fair number of sales at 11 $500 for old and

12$500 for new coffees.Friday, 23rd July. The market opened steady. with a large

number of sellers and buyers of August to Dec. options, whichcaused an upward movement in ali prices. The market closedsteady, with a few sales of July, which became firm. Thero wero

only sellers of August, this month closing with a drop. Spot was

quiet, with a few sales at 11 $500 for old and 12$ for now coffees.Saturday, 24th July. The market oponed weak, with large

number of sellers of Dec. and offers. Buyers, however. offered

jow prices for earlier months. the market closing steady, with

July and August little quoted and down. There waò a fair busi-riess done in Sept. options. Spot closed quiet, with onlysales at 11$500 for old and 12$ for new coffees.

small

The Santos market was moro or less steady throughout tho

past week. with little business registered. Speculators were

quiet and will probably remain so until after the month end's

^^^^MBMM

1052 WILEMAN'8 BRAZILIAN REVIEW July 21*V 195».

Cable Stations in South America.WESTERN TEUECRAPH COMPANY

Pará (Travessa Campos Salles 1). ¦Maranhão (Avenida Maranhense, UhCeará (Rua Florianp Peixoto, 4).Pernambuco (Praça Gen. Arthur Oscar).Bahia (Rua Conselheiro Dantas, 1).Rio de Janeiro (Avenida Rio Branco. 117).Santos (Largo Senador Vergueiro)

Í-

Santa. Catharina (P. 15 de Novembro, 10).R. Grande do Sul (R. Andrade Neves. IB)

Uruguay:Montevideo (Calle Oerrito, 449)

RIVER PLATE TELECRAPH CO.i Argentina:) Buenos Aires 333 Calle S. Martin, 337.WEST COAST OF AMERICA

TELECRAPH COMPANYChili: T aA.rica, Pisagua, Iquique, Antofogasta, La se-

rena, Coquimbo, Concepcion, Coronel, laica-íhuano. "... _L .

Á Valparaiso (Calle Prat, 69 Antiguo, 211 Nuevo)1 Santiago (Calle Huerfanos, 863).j Peru':ICallao. Lima e Mollendo.

From South America to ali Places:BRAZIL Via ^eJ8tfrn-, URUGUAY .. . 7ría ^ad^ira' pl y

l ARGENTINA Via Rio de La Plata

\PARAGUAY "

iRpA*n_> _.

K*"/ """""SiSJKilR BKf,——— Im\>umk ttMKtãSmtfmwlWmm B__*V. __. I~i WJTm. __~"~*' ""'iÇímmYVmm Buiiniiii f

THE WESTERN TELEGRAPH COMPANY/ LIMITED.™* *»* O.REOT ROUTE W.V^ÜT^B,CA g-^^g^^^^

EASTERN TELECRAPH COMPANV.LONDON: Electra House, E.C.

Liverpool: K 13, Exchange Buildings.Manchester: 44, Spring Gardena.Birmingham: 128. Colmore Row.Bradford: 4, Commercial Street.Clasgow: 5, Royal Bank Place.Newcastle-on-Tyne: K Exchange Buildings.

Quayside.Cardiff: 33, Merchanfs Exchange, Bute Dookb.Madrid: Calle de Ia Puebla, 14.Marseilles: Hotel des Postes.Malta: Central Station, St. George'e.Rome: 28, Via Venti Settembre.

COMMERCIAL CABLE COMPANYNew York: Commercial Cable Building.

1

i CHILI: M „ ,, „ „Punta Arenas ••••Ali other places ''í^-. n

'.\ PERTJ> ;. » Cabo aWest Coa8t*

j BOLÍVIA "

Boston: 112, State StreetI Halifax, Nova Scotia: 201, Hollia Street

PLEASE MARK YOUR TELECRAMS:- ^ ^^

GREAT BRITAIN Via btoUhFRANCE—Paris, North

„ —South GERMANYBELGIUMHOLLANDITALYSPAINPORTUGAL v;-vv;^ÓT^ANORTH and CENTRAL AMERICA

and WEST INDIES etc .__¦

a

nai»nit

England-MadeiraMalta-MadeiraEmden-Vigo-MadeiraEastern-MadeiraEmden-Vi go-M adeiraMalta-MadeiraEastern-MadeiraSt. Vincent

Commercial

L__=__ ——— __ _.-¦_•¦•_«"¦_•_. W. Jarcline. Caixa Postal «ancNríiFfi* paris- 37. Rue Caumartin. — PORTO aleurc.HÉAtiíO^icES oVtÍÍe COMPANY: ELECTRA HOUSE, F.NSBURVI^AV^N^WNOON^E^

¦—— ¦_—f% m*mW— ^¦'~^__ff^^^^^^^^__^~F~^,^^l^P^~''~'~~^^^^^^^^^^^^^ ^^^^ ^^^^ ^_"^_^

ZFTXIE-IL OIL 1/

1D lI-ED£3 BI OII

THE CALORIC COMPANYAvenida Kodrigues Alves, 437

Rio de Janeiro

TELEPHONE NORTE 5297

FUEL OIL feTATIONS ATPará •- Pernambuco - Bahia -- Santos

Steamers bunkered alongside the quay

July 28th, 1920. WILEMANS BRAZILIAN REVIEW 1053

COFFEE CLEARED FROM THE PORTS OF RIO AND SANTOS DURINC THE WEEK ENDINO Mnd JULV ANO

FOR THE CROP FROM 1st TO 22nd JULY, 1920.

1919-20United States 344,479France 77,554Cette (Switzerland) —Italy 27Trieste,and Ragusa ... 5,000TJnited Kingdom ... 2,501GiVltar, Malta, Barbad. —Canada South África 26>288North África ~~Egypt 1'250Belgium 105,654Holland 26,055Scandinavia 120,572Spain 3Portugal *Plate and Pacific ...... 31,505Japan and East Rússia and Finland ... ~Greece ^RoumaniaBulgária Turkey Germany •••••• ~~

TÕtãl ZZ.... 743,892Coastwise l>-°°

Grand Total 744,997

Crop1920-21

266.16715,838

45,0153,7501,0033,875

29,9743,053

4,0007

3,626

14515,504

250

393

392,6007,507

Inc. or Dec.78,31261,716

+

++

+

45,9881,2501,4983,875

3,8863,0531,250

101,65426,048 ¦

116,9463

14116,001

- 2,250

+ 393

- .251,292

+ 6,402

Crop

22.779.6

100.025.059.8100.0

14.0100.0100.096.2100.096.9100.0100.050.7

75.0

100.0

33.8579.3

Orop Week ending

1919-20 1918-19 July 225,709,7251,710,223

533,507123,63366,29520,1305,300

223,217 .133,02251.884310,387196,559554,45043,70913,446

306,8655,006260

13,350

9,80044,797

10,075,565220,020

3,899,5142,530,255

74,286595,977

78,000214,882

65,48120,400

122,41036,213

366,64392,147

732,432277,127

387407,592

55862,11075,175

1,000500

6,000

9,659,089200,095

76,53614,289

43,750

4,793

250

99,6244,915

"400,107 - 244,890 10,295,585 9,859,184 104,539

liquidation. The bottom of the market tub has crashed, which

has made everyone exceedingly nervous and chary of buy mg.

August to December options were the most active, but tlie

spot market was dead.The market closed on Saturday steady, with 4s 1.6 per cem,

down as compared with the previous Saturday, Sept. option.

3 2 per cent and December 3.5 per cent.Entries are iproving and for the crop to 22nd July, show m-

crease of 130,822 bags or 46.3 per cent compared with same period

last crop.

Companhia Registradora e Caixa de Liquidação do Rio de Janeiro.

During the week ended 24th July, 1920.Highest Lowest

Sellers Buyers Sellers Buyers

julY 14$300 13$900 13$800 13$500

September 13*950 13$900 3|550 3$oft)

October 13$9M 13*800 13*450 3*400

November 13$800 13$750 13$400 . 13J250

ZZtl 13*750 139603 13*300 «january 13*700 13$400 13$250 18$200

Total sales of futures during the week amounted to 370,000 bags.

Closing Prices of Santos Options, per 10 k"0^-19th . 21st 22nd fflrd 24tl

Julv 10$O5O 9»«X) 9*950 91975 9|SJAugust ... 10*075 9$900 9$975 10*0 75 9*850

September . 10*075 9*950 10*200 0* 9*9 0

October ... 10*125 9*950 10*200 10*175 10*0.5November . 10*<W5 9*9^0 10*200 10$22S, 1«0Oeeember .. 10*100 10*075 0*325 0*5O0 10*January . 10*200 10*025 10*275 10*275 *February .. 10*125 10*000 10*100 MgW \*March .... 10*100 . 10*000 0*375 0*200 ^aí 10<ri25 10$000 101300 wlZiZ inil7«5t1"'1

aoll 10*000 10*300 10*250 0|1J*tay ÍS -10*000 10*300 10*250 V*U0June £*P Eady Firm Steady SteadyMarket ... Weak Steaay

Sales of futures at Santos were as follows:—July 19th, 87,000bags; 20th, 61,000; 21st, 69,000; 22nd, 79,000; 23rd, 44,000; 24th,20 000; total for week, 366,000 bags.

Lowest Temperatures, Centigrade, in principal S. Paulo

coffee districts:—19th 21st 23rd 26th

S Paulo .'. 12-0 13.0 12.2 9.8Santos 16-0 17.0 H-0 17-0Iguape 15-0 13.4 178âmpinas 135 12.0 3.0 1S.0Kibeirao Preto 10.8 13.8 12.1 14.0S. Carlos do Pinhal 7.0 7.0 10.0 9.2Taubaté 1" \\l fAPiracicaba UJ5 10.0 12.0 10.2

ÜLo XXZXZZZ. & | - Qü 11.8 12.6 —^10taS 13.0 H-0 12.0 HOBraganÇa

u0 9.7 10.0 H.6*nn™ 9.4 7.0 10.0 -Avare 90 9.4 9.0Tatuhy ___ ^ Igarapava

"_ 92 10.0

Itu'. io"õ H.6 11-9 1--0Faxma g3 10 12.0

Itararé "' .^ 10 10.5S. José Rio Pardo

g'4 g'0 8.0Botucatu

'¦*#' *

Entries at tbe two ports-Rio and ^^^a^ol22no July show increase of 68,102 bags or 41.1 per cent

nared with the previous week, of which ,,450 bags_ or

:::dat _»m%& *» « 52? ri «_ rt_ss«- *•»Compared with the same week last year, entrp^a.*

ports show increase of 97.764 ^££.^^^â a'

bags or 38.3 per cent at Rio and 81,584 bags oi o, t-

Santos.i

¦ -1

)

-.-¦¦¦ .---"¦ —>' -------------------- - ¦ -^^^^a___i*^.**^^i_1i__i_^

ítm WILBÍ_-AN,8 ÍBftA__Íl-Í-VN ÍÉt_fl¥iBW. July 2átlv; 1&.Õ.

I--IÍ1 'I II Mi

HARDMAN & CO6<%lRUA DE SÃO PEDRO: T.S2

'-•"*'¦• ":'RlO DE JANEIKO '•

IMPORTERS & EXPORTERSEDEALERS IN ALL NATIONAL PRODUCE

Orders accepted for ali classes of Merchandisefrom Europe, JVorth-América, South-África, etc.

RGEfíCIES RCCEPTEDagents & Carrespondents ii) ali tb,e principal

Cities in Brazil, ai)d \r\ London, Barcelona,Teneriffe, Cape Town, etc.

P O. Box "No. 182. Telephone Norte 399

Teleora-ns "HARDMAN''

The GOÜROCK ROPEWORK EXPORT CO., LTD.1 : RUA PRIMEIRO DE MARÇO, .119'::_; .•::. RIO DE JANEIRO- -

(FACTORIES AT PORT GLASGOW, GREENOCK, LANARKEstublisbéd f736 "") .-::_•_'

o! SOLE SPINNERS, WEAVERS,MAKERS & PATENTEES OP"BIRKMYRE^S"

CeiÍebrated WÁTERPROOF & ROTPROOF.

COTTON & FLAX

OANVASfor Tents of ali descriptions, Tarpaulins

Hatch Covers, Waggon Covers,Cart Covers.

ROPES TWINES, CORDS, STEEL, WIRE ROPEBCOTTON NETtíAND TRAWL. JMETS ALL AI QUALITY

M#5 r_

HOPKINS. CAUSER & HOPKINSPartners: Daniel E. Causer, Charles Causer & William J. Causer

BIRMINGHAM.-48, St. Paul's Square; LIVERPOOL.17, Sweeting Street,

ENGLAND.

GENERAL MERCHANTS, IMPORTERS AND EXPORTERS OF

Maohlnery, Hardware, China, Drugs, Paínts, Sanitary Ware, Agricultural Implemente, Dairy

and Poultry Requisites, etc, eto.

EXPORTERS OF BRAZILIAN PRODUCE

BRAZILIAN BRANCHES:

BIO DE JANEIRO: Rua Municipal. 22 -:- STATE OF MINAS: S. João d'El-Rey (E.F.O.M.)

^XOtLIÍ)/"/)^

__il_^Í__JE_I^n M A RIUTRADE

WALTER & CO.143, Rua da Quitanda, 143

RIO DE JANEIRO

Rua 15 'de Novembro, 3

SÃO PAULO

Rua 7 de Setembro, 49, Sobr.PORTO ALEGRE

London .

JACOB WALTER & CO.Billiter Sq. BuildiRgs.

COMMISSION & SHIPPING AGENTS, FIRE & MARINEINSPÂNC- ACENTS, NATIONAL PRODUCE MERCHANTS,

ELECTRICAL, HYDRAULIC & GENERAL ENGINEERS.

'-:-tj_rt..'.-_5_H__.

WHARTON, PEDROZA & Co.ISTATAL

Estado do Rio Grande do Norte — Brasil

COTTON MERCHANTS

IMPORTERS _ EXPORTEISAGENTS:—New York & Cuba Mail

Steamship Co.

WAR D LINE

Codes:

COTTON COMPRESS & WAREHOUSES.,:;.; natal;

Cables "WHARTOH", NATAL ¦

-Ribeiro-- A. B. C. 5t_ — Leiberss'-—Bentley's.

. ¦'. ¦.'¦¦ '*>

/

Julyv28j* zé^m W1LEMAN 'S; iliRAiíILIAN ^^IEW :,- Wti

For the crop to 22nd July, entries at the two ports show m-

.crease of 157,171 hags or 37 per cent, of which 26,349 .hags or 18.5

pev cent at Rio and 130,822 bags or 46.3 per cent at Santos.

Clearances Overseas a;t .the two ports for the week ended 22nd

Julv were smaller, and anipunted to 99 624 hags, as agamsb

144,558^ for the previous week and the.r f.o.b. value £46,,074

ánd £771,814 respectively.

• Compared with the previous' week, clearances overseas at the

two ports show decrease of 44,934 bags or 31.1 per cent, of which

9,633 hags at Rio and 35,301 hags at Santos.

Of total clearances overseas at the two ports of 99,624 bags,

98 150 ba^s or 28.2 por cent were cleared from Rio and 71,4/4

bass or 71 8 per cent from Santos, 76,536 bags or 76.8 per cent

croiíig to the United States, 14,289 hags or 14.3 per cent to France,

I 793 bags or 4.8 per cent to the Plate and Pacific 3,750 bags or

3.8 per cent to Trieste, 250 bags or 0.3 per cent to Greece, 4 bags

to Holland and 4 bags to Italy.

For the crops to 22 July, clearances overseas at the two ports

show falling off of 251,292 hags or 33.8 per cent, as against o5.4

per cent up to the previous week.

Coastwise clearances at the two ports for the week were larger

and amounted to 4.915 hags, as against 2,492 bags for the pre-

vious week. 00 •,For the crop, coastwise clearances improved. and to 22nc

July show increase of 6,402 hags or 579.3 per cent as compared

with the corresponding period last crop.

Shipments bvy Flag, lst to 22nd July, 1920:-

CropEags

British to U.S. ... 154,836To Eurrope 6,066Plate and Pacific 8,201

Total, British

%

CropBags

91.63.64.8

Other Flags—JapaneseItalianAmericanBrazilianScandinavianFrench DutchBelgian

Total

169,10398,80349,29542,502

9,3914,119

16,1212,454

812

392,600

% "Week ended

July 2255,5361,0004,176"601712

21,0004,291

43.125.212.610.8

2.41.04.10.60.2

13,6109

100.0 99,624

unittd States stookt, Deliveries and Visible Supply, in l,Mt bags.

eráged £4.688week and

Brasil Sorts Only... Stocks Deliv.

?X4 Vi 1920

Jan. 5 954 .MOlrJan: 12 ...:.. : 875 i 139 •'Jan. 27 921 118Feb. 2 814 106Feb. .9 999 103Feb. 16 971 96Feb. 23 824 129March 1 .... 754 95March 8 .... 776 148March 15 .,. 854 128March 22 .., 822 119March 29 ... 906 109April 'ó 859 120Aprii 12 ... 950 117April 19 ... 964 107April 26 ... 1,125 110May 3 1,0:)9 89May LO ... 1,143 120May 17 .... 996 162May 24 .... 952 346June 8 975 67June 1 860 116Jnne 15 .... 863 112June 22 ... 888 100June 29 .... 1,042 111July 6 1,070 132July 13 .... 1,069 98July 20 .... 1,092 148

V.Sup. Stocks

F.O.B. Value for the two ports for the week av

per bag of 60 kilos, as against £5.339 for the previous

£4.963 for the crop to same date, as against £7.091 tor tne

roponding period last crop. ,Coffee Loaded (embarques) at the two ports for m£*

against loo.wo

bagsbuted as follows, in bags of 60 kilos:—

Rio de Janeiro, and 2nd handsSantos, ditto Bahia, ditto

wero larger, and amounted to 196,675 bags, as

bags for the previous week, and 152,770 ^-ffgí^ing week last year, and their f.o.b. value £922,012, £,JU,4U/

£1,031,281 respectively. likewis(1Sales (declared) at the two ports for the week le

• • x. na QAfí. V>ao- • for the previous uceiv,larger, 86,328 bags, as against 76,846 bag, toi tne p

and 73,086 bags for the corresponding week last yeai

StocKs at the two ports-Uio and Santos-on 22nd . ul.v h

increase of 69,192 bags, of which 25,290 bags at ILoj ul 13 J

, at Santo,, total Brazilian stocks on same date being chsf

377,2441,405,718'..'.... 19'3ü0

1,802,262

1,731,4585,276,353

Havre:—

Brazil2 Jan: 4169 Jan 43716 Jan 46723 Jan 48030 Jan 5056 Feb 50113 Feb 49020 Feb 49327 Feb 4585 March 45112 March .... 46819 March ... 44126 March ... 4102 April 4789 April 40816 April ... 42223 April ... 4413G April .. 4437 May 44014 May .... 42521 May .... 43028 May .... 4614 June 39111 June .... 540

18 June .... 56225 June ... 584

2 July 6009 July 64016 July .... 64323 July .... 647

1,4041,4361,3471,2581,293

? 393l,d591,4081,3521,4751,4981,5711,6151,5611,4811,3861,4411.4471,3151,3011,5571,4771,6021,5771,6111,5381,0671,531

1920Other

549531508489471449432421401384368341329326298278264255253251252267269278286291300315315312

Total965968975969976950922914859835836

i 782739804706700705698693676682728660818848875900955

. 958959

481453459506530469420399496591939824817749733742694716617732645589495334477422486528

Deliv.

1919542844565663608373819211615515713813060610214913715014415016112294

115121

V.Sup.

Brazil70574631191412

6610113910165169184155189318244236210177292321322402562553601514591

884899888904

1,116*1,1351,3401,4411,4051,3521,4811,4251,2721,2251,2181,2501,2871.2041,1171,0131,118968

1,1091,0771,1061,3101,2371.142

1919-Other

53474134273219

171513121517182832363750716887115145183202218234245277

Tota1YZâ1048765'46

4631

?311615211380

1862021832213-54281286281245379436467585764771835759868

REMEMBER !

Total stocks at three ports on 22nd July, 1920

Ditto, 15th July, 1920 Ditto, 24th July, 1919

lhe only MANUFACTURERS of Looae Leaf Ledgers iu Bmrrf

are the Imprensa Ingira. Camonno 61. Rio de .Jano.ro

it

Caixa do Correio 809. Telephone: Norte 1966.

aa - —

1056 WILEMAN'8 BRAZILIAN REVIEW. July 28th, 1920.

-..«í-m 'f

»

Rio de Janeiro LigMerage Çgpj MM-Rua Visconde de Itaborahy, n.° 75

• Caixa Postal n.' 1164Tel. "LIGHTERAGE"-Rio. Codes-LIEBERS, AI, & ABC

STEVEDORES, L1GHTERNEH AND TUG OflÜERSStevedores and lightermen to Steamers of the

follo"'*™!^ Lines:Lamport & Holt—Funch Edye Co. Inc. —Ward

Line — Wilhelmsen Line — Kerr Line — OsakaShosen Kaisha Line —Pacific Steam Navigation

Company — Johnson Line — Booth Line —

Det Forenede Dampskibsselskab — Nelson Lme —

North & South Atlantic Line — Standard OilCo. Of Brazil — Anglo-Mexican Petroleum C.o

Texas Company (South America) Ltd. andother important Companies.

Execute ali kinds of Maritime Work, including Salvage,having special pumps and other appliances for this end.

OWNERS OF OVER 20.000 TONS 0F LICHTERS.INVITE CORRESPONDENCE.

11SHORE DEPÔT:

BUA DE S. CHRISTOVÀO. 759

TELEPHONE: VILLA 196.

ISLAND DEPÔT:MOCANGTJE GRANDE

(SUL).

mm /

/ár _f /¦o/

íéz /

<8» &

v* .O / OFFICE:

^JS 4Ç yf AV. RIO BRANCO, 51-55

TELEPHONE: NORTE 8028.

TELEG. ADDRESS: "GUÉRETS.

POST OFFICE BOX 1193.

Nippon Yusen KaishaJAPAN MAIL STEAMSHIP Co.

Regular Service of High Class Steamers between ports ofBRAZIL, ARGENTINA, SOUTH ÁFRICA, CHINA, JAPAN

KAWACHI MARU—2nd HALF SEPTEMBER

For Cargo apply to:—Mr. CUMMING YOUNG, Rua Candelária 44.

Foi further partieulars apply to the Argents:—

NORTON MEGAW & CO., LTD.RUA DA SAÚDE 29. RIO DE JANEIRO.

Sociedade AnonymaMartinelli

RIO DE JANEIRO-S. PAULO - SAHTOS — GEHOAAgents fop

LLOYD NACIONALROYAL HOLLAND LLOYD

TRANSATLÂNTICA ITALIANA"CONSULICH"

SOCIETA' TRIESTINA DINAVEGAZIONE

SOCIETA NAZIONALE DINAVEGAZIONE

ORIENTAL NAVIGATION COMPANY

Exchange, D-raits, etc.Rio de Janeiro — Avenida Rio Branco, 106-108

^¦______-_—___——'¦"¦¦_¦¦___—_——_——iW—¦————————————————————_¦——¦——¦—¦——————^

HIME& Co.52. Rua Tkcol>kUo Ottom, 52

TELEPHONE 398.Depósitos: RUA DA JAUDE 76, e THEOPHILO OTTONI 47

Importadores de Ferro, Ferragens, Tintas, Óleos, e artigosconcernentes.

Fabricantes de canos do chumbo, de pontas de Paris,ferraduras, ferros de engommar, fogões, fogareiros,

panellas, balanças, louças de ferro, estanhado e esmaltado,chapas para

fogões, moendas, pesos de ferro e de latão, caixas d'agun, etc.

ÚNICOS AGENTES DO COALHO ' 'MINERVA."

Depositários da acredita enxada "PARASOL."

RIO DE JANEIRO iFONSECA, ALMEIDA &Go

IMPORTERS 0FGENERAL HARDWARE, PAINTS,VARNISHES, OILS, LUBRICANTS.

MACHINERY.—HEAVYGHEJVIICALS. RAILWAY, CONTRAC-TORS AND MARINE SUPPLIES.

RUA Io DE MARÇO, 75 & 77Rua General Câmara, 19

Oepôt: Rua Camerino, 64.Telephone: Norte 962.

P.O.B. 422.Cables* "Calderon."

I

July 28th, 1920. WILEMAN'S BRAZILIAN REVIEW 1057

Quotations t—Spot

¦xeh. No. 7 BioStore N. 7

Pence Cents

(j) Dec. 6 ...(k) Jan. 3 .(1) Feb. 7 .(1) Feb. 14.(m) Feb. 21(m) Feb. 28.(m) Mar. 6.(1) Mar. 13(1) Mar. 20(1) Mar. 27April 3...(1) April 5(f) April 10(f) Apl. 17(f) Apl. 24(f) Apl. 30(f) May 8 .(f) May 15 .(f) May 22 .(f) May 29 .(f) June 5(f) June 12

•(f) June 19(f) June 26(j) July 3(j) July 10 .(j) July 17 ..

17 1-417 11-1618 3-818 5-16

151-415 1-4

13/

14

. 18 3-8 14 5-817 15-16 15 1-4

. 17% 14 5-817 11-32 15 1-4

. 16 13-16 14%Holiday.. 16 7-8 14%

. 16 716 15. 16 1-4 15%. 36 15-32 15 1-4

. 16% 15.. 16 25-32 15 5-8.. 16 21-32 15%.. 16% 15%.. 15 15-16 15 1-4

. 15% 15 1-4. 15 3-8 15 1-4. 14 7-16 15

. 14 7-16 14 1-4.... 14 5-8 13%... 14% 14 1-4

. 14 3-16 13 1-4

NearOptions

Cents15.2315.6514.1513.8514.2913.7015.1614.4014.6814.47

14.5514.3314.5714.4514.5515.6715.3515.2015.0415.1514.3414.1914.1512.1512.5411.59

BioNo. 7

Rs.15$20016$20016$00016$00016$40O16$20016$60016$40016$40016$300

16$30015$2O015$80015$50015$3O016$30015$60016$40016$20016$60016$20016$30015$70Õ15$20015$20014$600

f.o.b.Ooit

Cents17.2519.5520.4020.3520.6020.3520.3019.8519.8518.70

18.7517.2017.6017.5017.3518.5017.8018.4517.6517.6017.0015.9515.5515.0514.9014.05

O.AP

Cents17.8520.3021.4021.3521.6521.3521.4020.8520.8519.-70

19.7518.0018.4018.2518.1019.4518.5519.2518.4018.3017.7516.7016.3015.6515.5514.65

(i) 13$700 13.40 14July 24 ... 14 3-32 12% 11.03(f) Freight $1.00 in full per bag.(j) Freight 80 cents per bag in full.(k) Freieht «1.20 New York and $1.50 New Orleans per bag

(1) Freigbt $1.30 per bag in full New York.(m) Freight $1.40 per bag in full New York.

The Movement of the Santos Coffee Exchange or Balso Officialde Café during the 1919-20 Season. As a check on speculationthe Bolsa is clearly a failure and support given by the S. PauloGovernment to such operations is a matter, as we said once be-fore, for grave consideration. During the last and third seasonof the existence of the Bolsa, speculation was wilder than ever,and futures were sold to the amount of 28,731,000 bags or nearlyseven times entries of every description at Santos. During thethree seasons of operation, sales of futures aggregated 63,062,000bags, which àt 20 reis per bag, yielded 1.261:240$, which amountgoes towards covering ordinary expenditure of the Bolsa and costof a new building.

Sales during the past season were as follows:—1919, Jnly,2,773,000 bags; August, 5,195,000; September, 4,212,000; October,2,986,000; November, 3,765,000; December, 2,390,000; total halfcrop, 21,321,000; 1920, January, 2,235,000; February, 913,000;March, 635,000; April, 775,000; May, 1,291,000; June, 1,561,000;second half crop, 7,410,000; total crop, 28,731,000.

Of the 28,731,000 bags sold during the past season. only614,611 bags were delivered. The greater part of these operationsare liquidated by differences. In virtue of decree of 30 Dec, 1919,the Bolsa collected the ispcial tax of 200 reis per bag for accountof the Government on option sales. From 1 Jan. to 30 June, thistax yielded 1,414:800$ ,corresponding to the sale of 7,074,000 bags.

y

TO ME ET THE SHRINKAGE OF YOUR STAFF

WHAT A MACHINE CUN IS TO AN ARMY THE LOOSE

LEAF LEDCER IS TO THE OFFICE — IT HOLDS THE LINE

WITH FEWER MEN

The Loose Leaf Ledger simplifies book-keeping, and saves so

much time that it goes far to make up for the shortage of clericallabour. It relieves the pressure on your trained staff and enablesthe new helpers to become efficient more rapidly.

Instai the Loose Leaf Ledger and at one stroke you do awaywith ali the needless reopening of accounts, the multiplicity of

books, the interruptions due to blank pages and dead matter, which

waste time and create work when accounts are kept in bound

volumes.(Business firms—great and small—which have once given the

Loose Leaf Ledger System a trial show their satisfaction with

the results it gives by repeat orders—that is the proof of efficiency.

THERE ARE HUNDREDS OF OUR LOOSE LEAF LEDGERS AND TRANSFERS IN USE ALL OVER BRAZIL

Ask for our Illustrated Loose Leaf Ledger Catalogue

The Loose Leaf System can substitute the bound book in every branch of business.PARTICULARS GLADLY FURNISHED BY

Imprensa InqlezaRUA CAMERINO 61-75 ¦ CAIXA DO CORREIO 1521 -T.le>. Norte 1966-RIO DE JANEIRO

SOLE MANUFACTURERS IN BRAZIL

1058

RioSantosTwo portsVictoriaBahiaTotal

WILEMAN'8 (BRAZILIAN REVIEW July- 28'tlí,- 1920.

Crop StatisticsMOVEMENT FOR THE MONTH OF JUNE AND CROP.

• ; 11 '•'>

IN BAGS OF 60 KILOS.

ENTRIES.

-June1920 1919Bags Bags

217,292 193,557233,438 378,917

-Crop 7—1919-20 .1918-19

Bags Bags2,682,749 1,789,9124,164,408 7,397,712

Av. 5 crops1914-15 to1918-19"

Bags2,753,267

10,117,346

June, 1920 ohJune,' 1919

Bags %'+ 23,735 12.3-145,479 38.4

Increase or Dècrèasè.Crop 1919-20 • Crop 1919-20 on

on 1918-19

Bags' %+ 892,837 49.9-3,233,304 43.7

450,73020,746

5,545

572,47464,307

9,965

6,847,157 9,187,624 12,870,613698,931 544,931 583,788201,371 203,025 186,560

-121,744 21.3- 43,561 67.7

4,420 44.3

-2,340,467 25.5+ 154,000 28.3

1,654 0.8

avgel 5 crops1914-15—1918-19

Bags' • %-•• 70,518 2.6-5,952,938 58.8-6,023,456 46.8+ 115,143 19.7+ 14,811 7.9

WM ô*^46 7,747,459 9^35~58Õ1^640,961 -169,725 26.2 -2,188,121 22.0 . -5,893,502 43.2

1914-15Rio 3.357,768Santos ... 9,497,553Victoria . 479,986Bahia ... 120,291

Total 13,455,598

OOEFFICIENTS:—

Rio 25.0Santos ... 70.5Victoria 3.6Bahia 0-9Total Z. 100.0

1915-163,259,393

11,744,492678,280259.137

1916-172,366,1369,803,044

503,780.178,274

-Crop-Five seasons average-

1917-182,993,126

12,143,930711,964172,072

1918-191,789,9127,397,712

544,931203,025

1919-20 1915-16''19-20 1914-15/'18-19 1913-14/'17-18

2 682,749 2,618,263 2,753,267 2,984,3114'l64 408 9.050,717 10,117,346 10,808,894'698,931 627,577 583,788 582,173

201 371 202,776 186,560 163,538

15,941,302 üSõir ladeia Wm WJ459 U49M8S 13,64f,,í61 14,538,916

20.473.74.31.6

18.476.33.91.4

18.775.84.41.1

18.074.65.51.9

34.653.89.02.6

100.0 100.0 100.0 100.0 100.0

20.972.55.01.6

20.274.24.31.3

100.0

20.574.34.01.2

100.0 100.0

Entries—Crop. 1919/20

Month Bags Bags BagsRio Santos Total

Tulv Í9i9 203,912 384,434 588,346ííLr • 234>557 577>906 812,463sS_

777... _238:sb6 -mm w&7_

Total, first 1/4 677,025 1,634,211 2,311236October 259,334 590,142 849,476

N„vember "77

304,147 434,948 739,095December 217,399 324,022 641,421

lst 1/2 crop 1457,905 2,983,323 4,441,228

January, 1920 ~221ÃM 2^880 467,011

February 194,150 207,754 401,904March 179,694 243,872 423,566

Total, third quarter 593,975 698.506 1,292,481ADril 200,459 112,195 312,654MPav

213,U8 136,946 350,064Ju4 ZZ'. 217'292 233>438 450'730

2nd 1/2 crop 1,224,844 1,181,085 2,405,929

Grand Total 2,682,749 4,164,408 6,847,157

RioCrop. % Crop. %1919/20

7.68.78.9

25.29.7

11.38.1

54.38.27.26.7

45.7

100.0

1918/1910.9

7.611.6

—.

30.16.88.3

11,5

56.75.05.07.0

SantosCrop. % Crop. %1919/20

9.213.916.1

39.214.210.4

7.8

71.6

43.3

100.0

1918/197.79.4

14.2

31.311.47.6

10.9

61.25.95.05.9

6.36.87.3

%

Two PortsCrop. Crop.1919/20 1918/19

8.6 8.311.9 8.913.3 13.7

28.4

100.0

38.8

100.0

33.812.410.8

7.9

64.96.85.96.2

35.1

100.0

30.910.5

7.911.0

60.3~~6X)

6.47.3

22 17.0 16.8 20.4 18.9 19,775 7.2 2.7 6.8 4.5 «.97.9 8.3 3.3 6.4 5.1 &98 10.8 5.6 5.2 6.6 6.2

39.7

100.0

June1920Bags

Rio 228>938

Santos 514,850,

Total ¦••• 743,788

EMBARQUES <C.OF-FEE LOADED).

Crop1919Bags233,349926,746

1919-20Bags

2,784,5777,372^963

1918/19Bags

1,845,6938,085,626

l,160l,OQ5 10,157,540 9,931,319

Increase or DecreaseJun. 1920-Jun. 1919 Crop. 19/20\Crop. 18/19

Bags- 4,411-411,896

-416,307

%1.9

44.4

35.9

Bags+938,884-712,663.

+226,221

o.//o

50.98.8

2.3

Jiily..,28th,;.J92q.: WALEM.AN'0 BRAZILIAN REVIEW 1059

June

Rio'-': \ Santos

1920212,733533,539

•': Rio and Santos 746,272'Victoria

l^407Bahia 5,540.

1919279,216823,721

1,102.93756,00019,800

CLEARANCES OVERSEAS.. Crop

1919-20 1918-19Increase or Decrease

2,598,6047,547,111

10,145,715587,437201,371

1,803,4487,855,094

9,658,542391,254191,000

Jun-, 1920-Jüné; 191^- 66,483 23.8-290.182 35.2

Orop,'19-20-Crop;'18-19+795,156 44.1

. -307,983 3.9

í Total 763,224 1,178.737 10,934,523 10,240,796

-356,66544,59314.255

-415,513

32.379.672.0

35.2

+487,173+ 196,183+ 10,371

+693,727

5.050.1

5.4

6.8

RioSantosVictoria

18,p231,5769,339

28,938

CLEARANCES COASTWISE.l$56 206„121 174,069 + 13,767 323.5 32,0521,871 13,899 28,262 - 295 15.8 14,3638,307 111.494 153,677 + 1,032 12.4 42,183

14,434 331,514Total coastwise

Grand Total 0W 1,193,171 11,266,037

The Crop Movement.—Entries. Clearances at Victoria aro

classed as entries. Total receipts of coffee at the four ports-R.o,

Santos Victoria and Bahia-for the 1919-20 crop amonnted to <

7,747,459 bags, as against 9,935,580 bags for the previous crop a

falling offf of 2,188,121 bags or 21.9 per cent and °/ 5.873,502

hags or 43.2 per cent as compared with the average of 13,64ü;9bl

bags for the preceding five seasons, 1914-15-1918-19

Of the total entries of 7,747,459 hags, Rio accounted for 34.Ò

per cent, as against 18 per cent for the previous crop, and the

average of ?0.2 per cent .for the five seasons 1914-15—lúló-Uj

Santos fo 53.8 per cent, as against 74 6 per cent and 74.2 per cent

respectively; Victoria 9 per cent, as against 5.5 per cent and u

per cent; and Bahia for 2.6 per cent, as against 1.9 per cent and

1.3 per cent.

Rio and Santos. Compared with last crop, Rio entries show

an increase of 892.337 hags or 49.9 per cent, hut a shrinkage or

70,518 hags or 2.6 per cent compared with the average tor the

previous five crops, 1914-1919.At Santos, on the contrary, entries were very small and com-

pared with the previous crop show falling off of 3,233,304 bags or

43 7 per cent, and of 5,952,938 bags or 53.8 per cent as compareci

with the average for the previous five seasons. The great shvin-

kage was due to the disastrous frost of 1918.

Proportion of entries at Rio and Santos:—25% 50% 62.5%

1917-18 ^pt. Nov. Dec.1918-19 S«pt. Nov. Jan.1919-20 Sept. Nov. Dec

The proportion was almost uniform throughout the last three

crops; The largest entries for any single ™0> ?0000

last season were 910,427 bags in .September, of wM 38,5o6 ta„

at Bio and 671,871 bags at Santos. Tho largest *>t®£tog?

was in November, with entries of 304,147 bags whilst that

Santos was in September. -rtff0/_Q are said toConsiderable quantities of Rio and Mmas ^7**1^^

be still uP country in the hands of planters who no ^Mg^he

higher prices. Although entries of the new or„pare gc«d,

p4ont weak state of the market will no doubt mflucnce plan

to hold coffee back. , r»- or g:.What amount of coffee may he stül up connt,y-t

JoOiPaulo is difficult to say and any calculatmn „ but meu guess

356,008

10,596,804

+ 14,504 100.5

-401.009 33.6

- 24,494

+669,233

18.450.827.4

6.9

6.3

7K0/

Feb.Mar.Feb.

empar-.., of Entries and Estimate. o. 1919- Crop=-0/

Estimated Actual Difference »

Bio ... 2,500,000 2,682,749 +182.M9 <•*

m „'o-.o-„n _.ifU.408 +34o,6o8

SantosZ,Ow,uva/ _-,v_-j- ca*-azo..3,818,750 4,164,408 +34o,6o8 9.0

8.3Tota, -., 6,318,750 6,847,157 +528,407

We ourselves estimated the S. Paulo crop at 4,000,000 bags.

Nie official estimate, however, is only 9 per cent below actual«nines, though not insignifieant, is pardonable.

Coffee Statistiest

ENTRIES.

During the week ended July 22nd, 1920.

IN BAGS OF 60 KILOS

FOR TH 10 WEEK ENDED FOR THE CROP TO

Kl° July. 22 Jnly 15 Jtdv, 19 luly., 22 July 241920 1920 1919 1920 1919

_.mral and l,eopoldin.. ^ ^ fâ 162.395 121.605

S;-j* 260 463 2.201 1-846 12.840or^S/díâch;;^':: ___^| 2-GQ0 40Q0 i_2i9 7m

Total 58.3551 50-905 42.175 168 490 142-141Transferrel from Rio tò

Nictherov... ~~

Net EntneB iit Bio 58.355 50 905 42-175 , 168 490 142 141

Nictheroy from Kio &.Leopoldina _

Total Uio, iiicliidlak 42 1?5 l68.49o 142-141uZstZ":

* " nlilg 114:500 93-568 _413-383 282-571

T.t-1 Rio _ -amo.. 233 5Ó7 165.405 135.743 581.883 424 712

The total entries by tho dlltereht 8. »'r..Io Railways fov U.« Cr..». 10 July. 22

1920 were aa followi:Per

Past SorocabanaJnudiah. «nd others

1920/19211919 1920

391 193166-372

24-076116-729

Total HlS. Paulo

415269283-105

ReiuHini-gTotal ai Ht

Santoa S. Paulo413 393282-571 -

SALES OF COFFEE (DEÇLARED).

During the week ended July 22nd, 1920.

July. 22/1920 July. 15/1920 July. 24/1919

KioSantos

rolai 1

39 32847.000

86.328

33 84643.000

76.846

31.08642.000

73.086

':'

m

1060 WILBMAN'S BRAZILIAN REVIEW July 28th, 1920.

____^t—«——lMW»^——^^——"*~~^—^——

COMPANHIA fíOMMERCTAL DE SAO PAULOSÃO PAULO

Rua Alvares Penteado, 39.Caixa do Correio No. 1,113

RIO DE JANEIRORua General Câmara, 90-Sob

Gaixa do Correio No. 130CABLE ADDRESS

SANTOSRua José Ricardo, 35Caixa do Correio No, 482.

6« WY8AKD»

Manaeine Director: Edward W. Wysard. (Member of the British Chamber of Commerce of Sao-Paulo)

wY«rt»Tr^n of- COFFEE—BEANS—RICE—LARD and other Brazilian Produce.Exporter «_ .

C0MM18S,0NS - CONSICNMENT - CUSTOM HOUSE DESPATCHINC IN SANTOS.pPMTo fnr tüe EXPORT DEPARTMENT of the LONDON MEROHANT BANK, Ltd., London

SULE AGENTS for Messr*. FABQUHAR & GILL, North of Scotlaud Colour Works.GENERAL A6ENT IN EUROPE: G. H. WINBAM, 59 Mark Lane, LONDON, E. C.

VALUE OF COFFEE CLEARED FOR FOREIGN FOBT1

During the wcelc ended July 22nd, 1920.IN KAQS OF 60 KITiOS

Kio.

Sunio»Tolal 1920/21

do 1919/20

July. 221920

Ba»s28.150

71.47499 624

85.924

Julv, 151920

Hags37 783

106 775144.558

249.321

July 221920

108-337

358.737"467.074

579.505

July, 151920

171 361

600.453

Crop to July. 22/1920

77» 814

1.813 856

Bag»126.229

265.571391 800

743 892

552 834

1 391-7171.944.551

5.274.805

COFFEE LOADED (EMBARQUE8VD.uriiif? the week ended Juiy 22nd, 1920.

TN BAGS OF 60 KILOS ¦

nillllN» WKKK KfJ!»KH

1920Jaly. 22

1920 «919July, 15 JtJly. 24

rioNictlieroyIn transitTolal Rio including NirÜieroy

A trhllSIt.Total íanto* ..:

Total !t«o Jfc Hhi)U)s

65 425 60 780

65.425131250

roít TIIK OllOí TO

1920 ! 1919July. 22 July. 24

38-767 148 909

60.780 38 T6787.263 114.003

196 675 148.04 I 152.770I 3i

148.909320.532

469.441

114.876

114 876535.747

650 623

OUR OWN STOCK.

IN BAGS OF 60 KILOS

RIO stock on July. 15, 1920 ;• • • •• ••• ••• •••Entries durmg we«k ende« ouly. 22, ly*U

Loaded (EmbarqHeS), for the week Jaly. 22,1920

STOCK AT RIO ON July. 22,1920Stock at Nictheroy aud 1'orio da Madania aud

¦ Ilha do Vianna ou July. 15,1920 26.421i Afloat on July. 15, 6313

Entries at Nictheroy pius lutai embarques inchi-ding transit 65.425

98.159Deduct: embarques at Nictheroy, Porio da Ma-

dama and VUiinn ««Hings during theweek Juiy. 22.1920 33-065

••." STOCK IN NICTHEROY ANU AKLOAT ON July. 221920. _STOCK IN latand 2nd HANDS and TI1ÕSK AT NIOTHKROV

~

and AFLOAT ON July. 22 1820SANTOS Stoolc on July. 15, U*20 1.361.816

Entriei for week endeil July. 22, 1920 175.1521.536-968

Loaded {embarques) duriug same week July. 22. 131 250STOCK AT SANTOS ON July. 22, 1920..

BAHIA Btook on July. 15, 1920. 18.500Entries during week ended July. 22, 1920.. 1.400

19.900''•¦¦-¦•'¦; Ciearancea during jame week 600"Vr. • Stocks at Bahia on July. 22, 1920.''••*' Btook afc Rio, Santo» and Bahia July. 22, 1920

do do do do July. 15 1920• do do do do July 24 1919

319 22058.355

377.57565.425

312150

65 094

377.244

- 1.405.718

19 3001,802,2621,731,4585,276,353

COFFEE 8AILED.

During the week ended 22nd July, 1920, were consigned tothe following destinations:

IN BAGS OF 60 KILOS

PORTS ™»™ MB.Mf.CK- COAST ^ (IATE pQRrB JOU ,_ ^81 UANKAN WKKK

«,o 25.100 250 4.915 2800 33.065 134.436Santos.... 51.436 18.045] - 1-993 71.474 265 671

1920/1921.. 76.536 18.295 4.915 4793 104539 400,107

1919 1920.. 36.137 42.997 — 6.790 85 924 743.997

COFFEE PRICE CURRENT.

Duriiv the week ended Juiy 22nd, 1920.

UIO— milreisper 10 kilos,...

vinrket N. tt lílks.

. N. 7

, N. ti

. N. ttSANTOS- milreis

per 10 kilOB.Spot No. 4

Spot No. 7 lOks.

N. YORK, cent.per II)

July. July.16 17

10.214 10.146

10 010 9 941

9737 9.669

9.465 9.397

July.19

Spot Rio No. 6

No. 7

Spot Santos No. 4

No. 7Options —

12 200

11.000

Jul.20

• July.» Sept.

12.000

1)7000

9.873

9.669

9-397

9.124

9 6«9

9.465

9.193

8.920

July.21

July.22

9.609 9 465

Dec

HAVRE » 50 Kf osf ran cs.

July .... »Sep .... »Dec .... »

uONDON per owtOptions:-

shil>lings

July...Sep.....Deo....

11.5911.6711.74

178 00169 00163.50

79/377/3

___

9.397

9.124

8.852

12.200

9.261

8.988

8.716

12.200

11.000 11.000

12 3/4

12 1/4 —

Ave-ruge

9.829

9.623

9 351

9.079

12.150

11.000

17900170 00164.00

10.8110.9411.00

175.50166 50161.00

10.4910.6010 72

171.00163.00158.50

10-7510 9111.00

176.5016850163.00

74'-77/969/-

73/672/-

74/672/6

69/6 70/6

109111.0311.11

176.00167 40162.00

75/374/571/3

fflf

July 28th, 1920. WILEMAN'8 BRAZILIAN REVIEW 1061«II a

MANIFEST! OF COFFE»

HIO DE JANEIRO

During the week ended íuiy 22nd, 1920.

SEEVÍAN PENIOE-B. Aire. fftfffiSfà&íg «fi

S!"°~ '.'.' R. A. Toledo A Oo 75

Sr--oo0êUpaon ••::...... rMXB* o»............. ?

Ditto--Consumption Casalta & Co.

UOLUMBIA-CaneaOrnstein & Co.

Jessouroun Irms. & Co.Hard Rand & 0oNorton Megaw & Co. ...

8001,0001,000AVON-B. Aires

Ditto—Dltto—

„tt ivt swipnna H. Barcellos 2,000MARTJ-N. Orleans

g^fó & 6>000Jessouroun Irms. & Co. 2,000A. F. Rocha 1.500

250

2,800

LIGER

ANGO-B. Aires ••••• SSSÍ***^00Ditto-Ooníumption Casalta & co

DEMERARA-Bordeaux Jessou™£*£* * °°- '

Ditto- Prado ferreira A Co- -

30030

7õ0250

1,376

4

330

1,000

CANADADitto—Ditto—Ditto—Ditto—Ditto—

Ha^d Rand & Co-Ornstein & Co. ....

UÜBERT-N. YorkDitto—Ditto—

Hard Rand & Oo.Grace & CoHard Rand & Co.

5,0004,500

2,0002,000

100

21,000

4,100

Total overseas 28,150

RIO—COASTWISE.

TENNYS«ON—N.Ditto—Ditto—Ditto—Ditto—Ditto—Ditto—Ditto—Ditto—Ditto—Ditto—blttO—Ditto—Ditto—Ditto—

Ornstein & OoPARA— Natal •••• ' Theodor Wille & Co.

Ditto-Oeara Hard Rand & Oo

Ditto-Pará •••• Ornstein & CoDitto- - •• Theodor Wille & Co.Ditto- ». '.".......- Hard Rand A Copttto-Santarém •

ornstein A Co. .....Ditto— ¦" "" Ali S.uner Ditto-Itacoatiara McKinlay & Co

. Ditto-Manaos - E Urban & CoDitto—DittoDitto—Ditto—Ditto—Üitto—Ditto—

BAHIA-Ceará

Hard Rand & Co.Ornstein & Co. .Theodor Wille & Co.

60806018050

10025B020'34030260290

MANCHÜRIANDitto—Ditto—

R. Bastos 410GomesAlred Sinner Pinheiro & Ladeira

Ornstein & Co-Ornstein & Co.

Ditto-Maranhao •••• Theodor wille & CoDitto— »Ditto-Ditto—ParáDitto— ••Ditto— »Ditto »>Ditto— »Ditto-

McKinlay & Co.Seraphim Oliveira & Co.Grace & CoMcKinlay & OoTheodor Wille & CoHard Rand & CoGomes R- Bastos Ornstein & Co.

Ditto-Manáos Hard Rand & CoDitto— ••

Jessourotin Irms. & Co-ITAUBA—Pelotas

ITAIPAVA-Florianopolis ggg* Z.^Z'.'.'."'.'.'.'...Ditto—Imbitibá

.. E. Urban & Co.ITAPURA—Rio Grande •¦ Alfred Sinner & Co

45520

50955010

13040

15080503040

75

2,410

800

350

200200

Ditto-Ditto—Pelotas Ditto— ..Ditto— ••L4tto—Porto AiegreDitto—

Ornstein & Co.Castro Silva & c°---••¦;•••Jessouroun Irms. & Co.Castro Silva & 0oE. Urban & Oo.

Total coastwise

10020025510010015050 955

_ 4,915

SANTOS.

During the week ended July 22nd, 1920

EEML AND—Consumption Casalta & Co.

COLTJMBIA—TriesteDitto—Naples Ditto—Oonsumption

E. A. Toledo & CoJ. J. Figueiredo & Co..Campos & Poccia

Naumann Gepp & OoHard Rand & CoTheodor WiUe & Co

líUBERT—N. York Ditto— ..Ditto— ..

„ „, .„ . Naumann Gepp & Co....AQUITAINE-Marseilles W^ T^ Perreira ..

Ditto— ..A>itto— ..

.. 3,75022

.. 8,250

.. 4,000 2,000

3,754

14.250

Ditto— .»Ditto— i.Ditto Ditto—Consumption

Oomp. Leme FerreiraNioac & Co ••;•••Jessouroun Irms .& Co.Prado Ferreira & o. A. Levy Casalta & Co

6,5002,0001,5001,5001,250

50028

S. A. Casa Malta 282T. DI SAVOIA-B. Aires Q Tomaselli & Oo 5

Ditto B. E.Guimarães \BELLE lST>E-Bordeaux ..... A Ferreira & Co 5

Ditto » ——

13,278

287

York -^ Cardia" AbreU * °° •• ^VSLlorK ;;;

Leon Israel A Co 5,368 Cerquinho Rinaldi 3,000"Z'Z...

Hard Rand & Co 3,000.... Theodor W He A Oo 3,000 Comp. Prado Chaves ... 2.000 F. Lima Nogueira 2,000 E. Johnston A Oo 2,000

:; :::::::. Grace & co. t»; Mclaughlin A Co. .„. 1.314 Naumann Gepp A Co... JAJ" J. C Mello A Co. ...v. LO»* C5omp. Paulista de Exp, 1,000"..

Neri A Co 500 S, A. Levy 5°°

Total overseas

VICTORIA.PRINCE—N.v York Gerhardt A Co

Arbuckle A Co'""... Vivacqua Irmãos A Oo.

37,186

71,474

8.000,6.5002.000 16,500

Coffee Cleared at the Ports of Rio and Santos during the

.Month of June, 1920—Per Destinations Overseas..

In hags of 60 ilos

Santos

2,507Alagoa BayAntwerpAmsterdam ' lBarcelonaBordèauxBergenBuenos AiresCape Town ChristianiaDurbanGenoaEast LondonGefleGothemburgHamburgHalmstadHavreLeixõesLiverpoolLisbonMarseillesMalmoeMossel Bay '••MontevideoMontr(fa,1

193,093*r °rlrs ;:. a? 398New York . Y—Seville

Rio12,600

500

23 —1.500 —

10,976 16,48711,800

10 1.80014,070

134,956) —7,625500

_. 250

266 6161150

43,9911

12,000

750

1278.150

4,000

StockhohnSundswalTriesteTotal . • .

4,857396

505533.539

RECAPITULATION:África America • •¦

Ásia "••¦Europe ••

329,744

203,795

3,9255,200

61,55065,290

275250

212,733

50,020148,527

Total12,6003,007

12,0311

231,500

27,46311,800

1,81014,070

134,9567,625

500250

6,427150

43,9911

4,0001

2,000750

3,9255,3278,150

254,643182,688

4,857971250505

746,272

50,020478,271

14,186 217,981

'otal _.......:..., •:..... 533,539 212,733 746.272

i06_V WILBMAN'S BB_Í_5IIiIAN REVIEW July 28th, 1920.

fVI.EBHAMBUCO MARKET REPORT.

Pernambuco, 17th July, 1920.

Sugar. Entries to lOth have been 4,03.0 bags against 26,161

bags last month and. .24,347 bags last year for same date Jhe

exchange- opened weak and the article has not been quoted there

or any sales r.eported,. although values ar nominally rmchanged

for localrrefiners-who.want to buy and have to pa_y 17$ for wlntos

3a, 15$ somenos and 12$ to 12$500 for bruto secco, but there is

no life in the market, as everyone buys mérely for h.s daily re-

quirements, as they do not want to be caught with old stock on

hand when new sugars begin to appear in the market. Of new

crop for future delivery there are no more sales reported. Buyers

maintain their offers, but do not seem inclined at bhe moment

to give anything more, but this state of things may easily change

as soon as it is known grinding operations have actually conunenced

and more certainty of delivery can be calculated on, as the States

buyers make great question just now about date of shipment and

Sept. sugars would be worth considerably more than Oct.-Nov.

shipments. The home markets are very quiet and for the week

shipments are trifling. The s.s. Newton has sailed for New York

but owing to holidays her manifest is not yet available, but be-

fore she came it was known she had some 10,000 bags, and the s.s.

Lake Lillithorpe is loading back to New York and so far there are

6,000 bags of bruto secco despatched for her. Dealers' prices for

the bagged article are unchanged. but they demand immediate

delivery for anything sold. Shipments during the Aveek have

been: Northern ports 727 bags, Oporto 24 barreis, Lisbon 1 barrei,

Hamburg 7 barreis and Liverpool 12 barreis.

Cotton. Entries to lOth have been 2,444 bags against 2,039

bags last month and 8,241 bags last year for same date. The

market has been quite paralysed during the week, and no sales

reported of any kinds. Buyers offered 50$ for firsts and 45$ for

mediums early in the week but no sellers could be found at such

prices. Later a few sellers appeared at 49$ and even 48$ would

have been accepted for small lots arrived at stations, but

buyers did not appear and are now taiking of only 45$ and 40$,

but sellers will not listen to any price—not even those who have

stuff in the stations and must clear to-day. Shipments during

the week have been: Rio 600 pressed bales, Santos 530 bales and

Liverpool 20 bales.

Coffee market quiet, with some buyers at 16$ to 16$500, but

few sellerrs.

Cereais. The usual local demand for consumption continuesand tone of the market has been towards firmness. Milho quoted9$50O to 10$ per bag of 60 kilos for home grown. Beans, oldstock from south offers at 20$ to 21$ per bag of 60 kilos, but fornew arrivals and home grown the price is 28$ to 29$ per bag.Farinha, State grown, 13$ to 13$500 per bag of 50 kilos and asthis is now available in larger quantities, ali other kinds arenéglècted.

• Weather has continued with considerable showers during the

week, but they are shorter and more fitful, and it looks as if rainyséasòn were breaking up, which it is quite time it should if canesare to be ripéhed for early grinding operations. The canes arereported as superb in condition in ali the best zones and canes25 to 30 feet long have been seen near the town for sale duringthè past few days. They were of good thickness but quite greenand such canes will require a considerable amount of sun to ripeuthem.

FreightS. There is no change in berth rates. The s.s. Pro-íessor is due from Liverppol first week in August and will loadback if sufficient cargo can be obtained for her.

(. 7 ¦ 1)70.(íi-j Exchange has been very undecided during the week, but rates

have gone down generally about l-8d. to 3-16d, after variousrailies.: Market opened on 31st with collection at 14 5-8d, with

i-íéd better in ultramarino, but closed with only 14 7-16d. 4th,

Sunday., 5tfy collection at 14 3-8d, with 14 5-16d in Ultramarino,

but after Rio news declined to 14 l-4d, and at close was steadier,

with banks offering to draw at 14 5-16d, but there was no money.

6th, collection at 14 5-16d and later on 14 3-8d in ali banks without

finding money. 7th, collection at 14 3-8d, with l-16d better m

Ultramarino and rate closed firm at 14 7-16d in ali banks, but

there was no business doing, , .8th, collection at 14 7-16d, with

only 14 3-8d in City bank and at close rate was no bettrt tlianT

14 5-16d: lOtí collection a. 14 3-8d, 14 7-16d in American and,

14 546d in Ultramarino, closing steady at 14 7-16d, without any

business passing. llth, Sunday. 12th, collection at 14 3-8d and

this rate was maintained firmly ali dáy. 13th, collection at

14 5-16d and closed at same rate. 14th, holiday. 15th, collection

at 14 l-4d, closing firm at 14 5-16d. 16th, holiday.

RUBBERCable Quotations for Hard Fine, London per lb.

Londons. d

January 3rd, 1920 2 7%January lOth, 1920 2 6%January 17th, 1920 2 7%January 24th, 1920 2 7%January 30th, 1920 2 8February "7th, 1920 2 7%February 21st, 1920 2 7February 28th, 1920 2 6%March 6th, 1920 2 6%March 13th, 1920 2 5March 20th 1920 2 5March 27th, 1920 2 4%April lOth, 1920 2 3%April 17th, 1920 2 2%April 24th, 1920 2 2%May 8th, 1920 2 2%May 22nd, 1920 2 2%May 29th, 1920 2 1%June 5th, 1920 2 1%June 12th, 1920 2 1%June 26th, 1920 2 0%July lOth, 1920 1 11%July 17th, 1920 '. 1 11July 24th, 1920 1 10%

and Para per kilo:Para

3$2003 $0503 $0003$0003$0003$000 .2 $8002 $8002$7002$7002$750

' 2$8002$7502$8002 $8002 $8002$6502$7002$7002$7002$7002$6002$6002$550

Para Rubber Statisties, in tons of 1,000 kilos s—

Stock on 31st May, 1920 2,000Receipts during June, 1920 1,900

Exports—3—Polycarp4—Sallust

10—Gregory13—Aidan17—Frankmere24—Michael30-7Rembrandt

3,900

U.S. Europe461

141 —572 —

181109 —806 —74 —

1,702 642 2,34.4

Stock on 30th June, 1920 1,556

In First Hands—Upriver fine 530 tons, ditto coarse 4,Tapajós coarse and Low Amazon 30, Tocantins bali andXingu 380, Islands fine 50, Cameta coarse 50 1,044

In Second Hands—General Rubber Co. of Brazil 30 tons,Stowell & Co. 110, Aldebert H. Alden Ltd. 26, J. Marques140, Mercantile 0. Corp. 4, Berringer & Co. 50, Chamie& Koury Ltd. 5, Pires Franco & Co. 132, Banco doBrazil 15 512

July 28t.i, 1930 WILEMAN'6 BRAZILIAN REVIEW .1063

COTTONRaw Cotton.. There were no clearances overseas at either

port of Rio or Santos, during the week ended 21st July._-The Pernambuco market -closed on 21st July firm, with

first sort. quoted at 52$ sellers and 50$ per 15 kilos buyers, un-

altered as compared witli the previous week, as against 45$ sellers

on 23 July last year.Tlie movement at Pernambuco for the week ended 21st July

in bags of 60 kilos, was as follows:—

Stocks' on.lBth July 27,700

Entries during the week ,-..,. àW

Available •••••'Deliveries during tlie .same week

28,000nil.

Stocks on 21st July, 1920 28,000

Ditto, 23rd July, 1919 67,700

For the month to 21st July, entries amounted to 3,700 bags,

and for the crop, from 1 Sept. to 21 July, 112,500 bags, as against

151,200 bags for the corresponding period last crop.^The^Rio de Janeiro market closed on 21 July quiet, with

a. little more activity, and quoted as follows, per 10 kilos, un-

altered as compared with the previous week: Sertões, 42$ to 44$ ;

first sorts, 4.0$ to 41$; mediuras, 37$ to 38$ ; Paulista, 40$

Tbe movement at Rio de Janeiro for the week ended 21 July

in bales, was as follows:—

.Stocks on 13th July (14th a holiday) 45.11.9

Entries during the week

quoted;.<$econd }|ict, $980 to,l$020. mascavinho, $900 to $940;ascavo, $800 to $8$fe ;;: .

The movement at Rio de Janeiro for the weejt $n<fe.& 2 LstJuly, in bags of 60 kilos, was as follows:— , Si ,,.... ..,.Stocks on 13th July (14th a holiday) 11&.7Õ-5Entries during the week ..:•-•.'..••.¦ ¦•.•.:: 31,o07

Available 'UZ... 7V0#*Deliveries during the week •• ..•••• ... 26.836

Stocks on 21st July 1920 •••• 123,426

Ditto, 23rd July, 1919 105,649

For the month t0 21 July, entries amounted to 99,829 bags

and deliveries to 76,488 bags.—The Pernambuco Market closed on 21st July paralysed and

with priees again not quoted.The movement at Pernambuco for the week ended 21st July,

in bags of 60 kilos, was as follows*.—Stocks on 15th July (14th a holiday) 101.200Entries during the week •••• 1,300

AvailableDeliveries during tho •ame week

102,500nil.

Stocks on 21st July, 1920 102,500

Ditto, 23rd July, 1919 229,700

For the crop from 1 Sept. to 21 July, entries at Pernambucoaounted to 1,650,600 bags, as against 3,066,300 bags for tho cor-

re^ponding period last crop.

5,999

AV ilableDeliveries during the same week

51,1183,712

BEANS

Stocks on 21st July, 1920 f^tDitto, 23rd July, 1919 ò2"idó

For the month to 21st July, entries amounted to 14,950 bales

and deliveries to 11 ,'409 bales.—The S Paulo Market closed on 21 July quiet, with spot fc>.

Paulo, good, common, quoted at 51$500 per 15 kilos, as against

54$ on 15th inst.Options closed on same date as follows, per kilo, ior S Pauio

good, common :-July, 51*600 buyers and 52 $400 ^^J^ust

52$ to 52$500; Sept, 53$200 and 58$400; October, 53$o00 anel

54$200; November, 53$500 and 54$500 respeetively.-The Liverpool Market was quoted on 21st July steady at

following priees, per lb.:—21 July,'2()

Pernambuco and Maceió fair.... 30.75dAmerican fully m.ddling, spot... 28.75dDitto, futures, for August 25.46dDitto, October 24.10d

Clearances overseas of beans at the ports of Rio and Santos

during the week ended 21st, July, in hags of 60 iloa, were as

follows:—From Rio de Janeiro:—July, 20, s.s. Canada Maru, Havana..

Hermano Barcellos 1,000 bags black, valued at £1,274.—The S. Paulo market closed on Wednesday, 2Lst July,

quiet with spot mulatinho, new dry season, good, clear quoted

at 12$500 to 13$ per bag of 60 kilos; other spot qualities and ali

options n-ot quoted.

..Exports Of Beans from the ports of Rio and Santos during

six months, January to June, 1920:—Port of origin

Shippers:—

tbe

14 July,'20 23 July^1929.33d 24.30a27.08d 21.80d23.98d 22,41d

. 22.63d 22.70Ü

—The New York Marketquoted as follows, per lb.:—

closed on'21st July steady, and

American futures, October 34.65cDitto, January

21 July,'20 14 July,'20 23 JuJy,'1934.07c 35.44c31.40c 35.60c21.15c

overseas at ei the rCotton Seed. There were no clearances

port of Rio or Santos during theweek ended 21-st July..

-The S. Paulo market closed on Wednesday 21st July with

no enquiry and priees not quoted.

SUGARoverseas of Sugar at either port of

There were no clearancesRio or Santos during the week ended 21st July.

Eugen Urban & CoS. A. Fonseca Machado ...Castro Silva & Co *.Barbosa Albuquerque & C.Hermann Stoltz & CoHermano Barcellos 1,025Fry, Youle & Co. Theodor Wille & CoA. SeligmanTheodor Simon Bfc. Marti & CoCia. Geral Commercial ...Honing & Roorda11. Alves Toledo & CoRaphael Sampaio & Cia. ...J. C. Mello & CoA. TromelH. MetzerS. A. LevyThe Oversea CoJessouroun Irms. & Co. ...Brazilian Transmarine Co.Cia. Prado Chaves

Eio Santos Total %Bags Bags Bags5,750 2,000 7,750 2.65j060 5,060 1.74,000 4,000 1.33,000 3,000 LO1,250 7,007 8,257 2.81,025 L025 0-31,000 1*000 0.3

200 1,000 1,200 0.340 40'

2 —

1 -

1 1 -

54,495 54,495 18,3__ 30,890 30,890 10.4

27,487 27,487 9.217,270 17,270 5.814,603 14,603 4.914,850 14,850 5.011*000 11,000 3,710,000 10,000 3.49,525 9,525 3.29,400 9,400 3.2

__ 9,250 9,250 3,1

y)'7'7

¦J i »:1

fr

+7

t I

1

i.06'2' WILEMAN'8 BRAZILIAN REVIEW July 28th, 192.0.

Pernambuco market report.fV-..' ' "; ¦' '

'; Pernambuco, 17th July, 1920.

, Sugar. Entries to lOth have been 4,030 bags against 26,161 -

bags last month and. .24,347 bags last year for same date Tho

exchange- opened weak and the article has not been quoted there

or any sales r.eported,. although values ar nominally unchanged

for localr.refiners-who.wantto buy and have to p$y 17$ for whites

3a, 15$ somenos. a.pd 12$ to 12$500 for bruto secco, but there is

no life in the market, as everyone buys merely for his daily re-

quirements, as they do not want to he caught with old stock on

hand when new sugars hcgin to appear in the market. Of new

crop for future delivery there are no more sales reported. Buyers

maintain their offers, but do not seem inclined at bhe moment

to give anything more, but this state of things may easily change

as soon as át is known grinding operations have actuàlly commenced

and more certairity of delivery can be calculated on, as the States

buyers make great question just now about date of shipment and

Sept. sugars would be worth considerably more than Oct.-Nov.

shipments. The home markets are very quiet and for the week

shipments are trifling. The s.s. Newton has sailed for New York

but owing to holidays her manifest is not yet available, but be-

fore she came dt was known she had some 10,000 bags, and the s.s.

Lake Lillithorpe is loading back to New York and so far there are

6,000 bags of bruto secco despatched for her. Dealers' pnces for

the bagged article are unchanged. but they demand immediafce

delivery for anything sold. Shipments during the week have

been: Northern ports 727 bags, Oporto 24 barreis, Lisbon 1 barrei,

Hamburg 7 barreis and Liverpool 12 barreis.

Cotton. Entries to lOth have been 2,444 bags against 2,039

bags last month and 8,241 bags last year for same date. Themarket has been quite paralysed during the week, and no salesreported of any kinds. Buyers offered 50$ for firsts and 45$ formediums early in the week but no sellers could be found at such

prices. Later a few sellers appeared at 49$ and even 48$ wouldhave been accepted for small lots arrived at stations, butbuyers did not appear and are now talking of only 45$ and 40$,but sellers will not listen to any price—not even those who have

stuff in the stations and must clear to-day. Shipments duringthe week have been: Rio 600 pressed bales, Santos 530 bales andLiverpool 20 bales.

Coffee market quiet, with some buyers at 16$ to 16$500, butfew sellerrs.

Cereais. The usual local demand for consumption continuesand tone of the market has been towards firmness. Milho quoted9$50O to 10$ per bag of 60 kilos for home grown. Beans, oldstock from south offers at 20$ to 21$ per bag of 60 kilos, but fornew arrivals and home grown the price is 28$ to 29$ per bag.Farinha, State grown, 13$ to 13$500 per bag of 50 kilos and asthis is now available in larger quantities, all other kinds areneglected.

: Weather has continued with considerable showers during thewéek, but they are shorter and more fitful, and it looks as if rainyséasòn were breaking up, whdch it is quite time it should if canesare to be ripened for early grinding operations. The canes arereported as superb in condition in all the best zones and canes25 to 30 feet long have been seen near the town for sale duringthè past few days. They were of good thickness but quite greenaiid such cahés will require a considerable amount of sun to ripentbeín.

Freights. There is no change in berth rates. The s.s. Pro-fessor is due from Liverppol first week in August and will loadback if sufficient cargo can be obtained for her.

í . . • :• i;'.0.iAi Exchange has been very undecided during the week, but rates

have gone down generally about l-8d. to 3-16d, after variousrallies.: Market * opened on 31st with coliection at 14 5-8d, with!-16d better in Ultramarino, but closed with only 14 7-16d. 4th,Súnday. , 5th,, coliection at 14 3-8d, with 14 5-16d in Ultramarino,

but after Rio news declined to 14 l-4d, and at close was steadierr

with banks offering to draw at 14 5-16d, but there was no money.

6th, coliection at 14 5-16d and later on 14 3-8d in all banks withoutfinding money. 7th, coliection at 14 3-8d, with l-16d better m

Ultramarino and rate closed firm at 14 7-16d in all banks, but

there was no business doing. , 8th, coliection at 14 7-16d, with

only 14 3-8d in City bank and at close rate was no bettrt than:

14 5-16d; , lOth; coliection at 14 3-8d, 14 7-16d in American and.

14 5-16d in Ultramarino, çlosdng steady at 14 7-16d, without any

business passing. llth, Sunday. 12th, coliection at 14 3-8d and

this rate was maintained firmly all dáy. 13th, coliection at

14 5-16d and closed at same rate. 14th, holiday. 15th, coliection

at 14 l-4d, closing firm at 14 5-16d. 16th, holiday.

RUBBERCable Quotations for Hard Fine, London per lb.

Londonb. d

January 3rd, 1920 2 7%January lOth, 1920 2 6%January 17th, 1920 2 7%January 24th, 1920 2 7%January 30th, 1920 2 8February-7th5 1920 2 7%February 21st, 1920 2 7February 28th, 1920 2 6lAMarch 6th, 1920 •• 2 0%March 13th, 1920 2 5March 20th 1920 2 5March 27th, 1920 2 4%April lOth, 1920 2 3%April 17th, 1920 2 2%April 24th, 1920 2 2%May 8th, 1920 2 %%May 22nd, 1920 2 2^May 29th, 1920 2 1%June 5th, 1920 2 1%June 12th, 1920 2 1^June 26th, 1920 2 0%July lOth, 1920 1 11%July 17th, 1920 1 11July 24th, 1920 1 10%

and Para per kilo:Para

3$200 .3$0503 $0003$0003$0003$000 .2$8002$8002$7002$7002$750

' 2$8002$7502$8002$80O2 $8002$6502$7002 $7002$7002$7002$6002$6002$550

Para Rubber Statisties, in tons of 1,000 kilos:-

Stock on 31st May, 1920 2,000Receipts during June, 1920 1,900

Exports—3—Polycarp4—Sallust

10—Gregory13—Aidan17—Frankmere24—Mdchael30—Re mbr aiidt

3,900

U.S. Europe461

141 —572 —

181109 —806 —74 —

1,702 642 2,344

Stock on 30th June, 1920 1,556

In First Hands—Upriver fine 530 tons, ditto coarse 4,Tapajós coarse and Low Amazon 30, Tocantins bali andXingu 380, Islands fine 50, Cameta coarse 50 1,044

In Second Hands—General Rubber Co. of Brazil 30 tons,Stowell & Co. 110, Aldebert H. Alden Ltd. 26, J. Marques140, Mercantile 0. Corp. 4, Berringer & Co. 50, Chamié& Koury Ltd. 5, Pires Franco & Co. 132, Banco doBrazil 15 512

July 28th, 19?0 «TILEMAN'8 BRAZILIAN REVIEW .1063 il.

COTTONat eitherRaw Cotton.. There were no clearances overseas

port of Rio or Santos, during the week ended 21 st July.—The Pernambuco market -closed on 21st July firm, with

first sprt. quoted at 52$ sellers and 50$ per 15 kilos buyers, un-

altered as compared with the previous week, as against 45$ sellers

on 23 July last year. * ;_ •.

The movement at Pernambuco for the week ended 21 st July

in bags. of 60 kilos, was as follows:- y_

Stocks; on,15th July ....••• •••••• - lí>'Y^i

Entries during the week 300

Available •••••'Deliveries during the .same week

28,000nil.

Stocks on 21 st July, 1920 28'00°

Ditto, 23rd July, 1919 67,700

For the month to 21st July, entries amounted to 3,700 bags,

and for the crop, from 1 Sept. to 21 July, 112,500 bags, as against

151 200 bags for the corresponding period last crop.—- The Vi o de Janeiro market closed on 21 July quiet, with

a little more activity, and quoted as follows per 10 küos^un-

altered as compared with the previous week: Sertõe-, 42$ to 44$;

first sorts, 40$ to 41$; mediums, 37$ to 38$; Paulista, 40$

The movement at Rio de Janeiro for the week ended 21 July

in bales, was as follows:— . QStocks on 13th July (14th a holiday) »»^

Entries during the week > "'

quoted ; <*cond ^act, $980 to,l$020; mascavinho, $900 to $940;ascavo, $800 to $860,;.; .-;: .

The movement at Rio de Janeiro for the weejt e^ded. Slst

July, in hags of 60 kilos, was as follows:—. ,. ., .„._...»->.._.-.-¦Stocks on 13th July (14th a holiday) .,... l^MEntries during the week •:.•• •••.*••• 31,o07

a -i vi .......... 150,262Available 26 836Deliveries during the week • ••.-.••:• ... *". ov

Stocks on 21st July 1920 -• 123,426

Ditto, 23rd July, 1919 lüo't34J

Eor the month t0 21 July, entries amounted to 99,829 bags

and deliveries to 76,488 hags.—The Pernambuco Market closed on 21 st July paralysed and

with prices again not quoted.The movement at Pernambuco for the week ended 21st July,

in bags of 60 kilos, was as follows:—Stocks on 15th July (14th a holiday) inyY

Entries during the week 1,300

AvailableDeliveries during the «ame week

102,000nil.

Stocks on 21st July, 1920 102,500

Ditto, 23rd July- 1919 22J}'W

For the crop from 1 Sept. to 21 July, entries at Pernambuco

aounted to 1,650,600 bags, as against 3,066,300 bags for tho cor-

re^ponding period last crop.

AvailableDeliveries during the same week

51.1183,712

BEANS

Stocks on 21st July, 1920 *7'4J*

Ditto, 23rd July, 1919 6J"(àó

For the month to 21st July, entries amounted to 14,950 bales

and deliveries to 11 ,'409 bales.—The S Paulo Market closed on 21 July quiet, with spot í>.

Paulo, good, common, quoted at 51$500 per 15 kilos, as against

54$ on 15th inst.Options closed on same date as follows, per küo, for S Paulo

good, common :-J»ly, 51*600 buyers and (BJJW^íljE*52$ to 52$500; Sept, 53*200 and 53*400; October, 53$o00 and

54$200; November, 58*500 and 54$500 respectively.-The Liverpool Market was quoted on 21st July steady at

following prices, per lb.:—21 July,'20

Pernambuco and Maceió fair.... 30.75dAmerican fully middling, .spot... 28.75dDitto, futures, for August 25.46dDitto, October 24.10d

14 July,'20 23 July,'l929.33d 24.30Ú27.08d 21.80d23.98d 22.41d

. 22.63d 22,70d

Clearances overseas of beans at the ports of Rio and Santos

during the week ended 21st, July, in bags of 60 ilos, were as

follows:— ., ,_. __From Rio de Janeiro-.-July, 20, s.s. Canada Maru, Havana,

Hermano BarcelLos 1,000 bags black, valued at £1.274.—The S Paulo market closed on Wednesday, 21st July,

quiet with spot mulatinho, new dry season, good, clear quoted

at 12*500 to 13$ per bag. of 60 kilos; other spot qualities and ali

options not quoted.

Exports Of Baans from the ports of Rio and Santos during

the six month,, January to June, 1920-.- ^ ^ ^_

Shippers:—

Eugen Urban & CoS. A. Fonseca Machado ...Castro Silva & Co •Barbosa Albuquerque & C.Hermann Stoltz & Co

-The New York Market closed on'21st July steady, and

quoted as follows, per lb.:— T , ,-«21 July,'20 14 July,'20 23 July, U

American futures, October 34.65c 34.07c 35.44cJanuary 21.15c 31.40cDitto,

35.60c

3t .eitherCottOtl Seed. There were no clearances overseas

port of Rio or Santos during theweek ended 21st ***>.¦

-The S. Paulo market closed on Wednesday 21st July with

no enquiry and prices not quoted.

SUGARat either port of

There were no clearances overseas of Sugar

Rio or Santos during the week ended 21st July

-The Eio Market closed on ^ ^^^TU -lows, per kilo:—White crystals, 1*160 to li^uu,

Hermano Rarcellos !.025

Fry, Youle & Co. >.Theodor Wille & Co. ...A. SeligmanTheodor Simon H. Marti & CoCia. Geral CommercialHon ing & RoordaR. Alves Toledo & Co.Raphael Sampaio & Cia.J. C. Mello & CoA. TromelH. MetzerS. A. Levy The Oversea CoJessouroun Irms. & Co.Brazilian TransmarineCia. Prado Chaves ....

Co.

Eio Santos 'lotai ?oBags Bags Bags5,750 2,000 ",750 2.65.060 5,060 1-74,000 4,000 1-33.000 3,000 1-01,250 7,007 8,257 2.81,025 1»P26 °-31000 1-000 0.3

200 1,000 1,200. 0.340 40 -'

--

1 ~

54,495 54,495 18,330,890 30,890 10..427,487 27,487 9.217,270 17,270 5.8

__ 14,603 14,603 4.9__ 14,850 14,850 5.0

11,000 11,000 3,710,000 10,000 3,4

— 9,525 9,525 3,2_ 9,400 9,400 3.2__ 9,250 9,250 3,1

y

¦Wm

1064 WILEMAN'8 BRAZILIAN REVIEW July 28th, 1920.

BioTons

Nossack A Co. F. Mattarazzo A CoJacob Guyer {_.. A. Casa Malta Vils Johnson & CoCia. Commercial S. Paulo.S. A. Miohaelsen Wright...F. Conceição & CiaM. Block, Lepelletier & C.Schmidt, Trost A CoConsigli & Gutierrez F. Lima Nogueira & Co....Cia. Comm. Hollandeza ...A. Freire & CiaWhitaker Brotero & Oia. .Ferraz Filho A CiaCastro Assis A OiaLuiz Anta R. M. Guimarães Leon Israel & CiaP. Backhauser A. S. Correia Armindo Cardoso Ed. Hanan E. Johnston & CoAlmeida Cardia & CiaSundry

SantosTons

8,1006,0005,0005,0004,0004,0004,0003,2503,5222,5002,0002,0002,0001,9001,4981,100

500246200100

50252017215

TotalTons

8,1006,0005,0005,0004,0004,0004,0003,2503,5222,5002,0002,0002,0001,9001,4981,100

50024620010050252017

215

%

2.72.01.71.71.31.31.31.11.20.80.70.70.70.60.50.40.20.10.1

21,329 275,813 297,142 100.0

Port of originDestination:—

GermanyFranceTJnited States CubaBelgiamBarbadosItália ...Itália (Trieste) HollandSpainMadeiraTJnted Kingdom

Total 6 months 1920-

Per month:—

•JanuaryFebruaryMareh ¦•••••AprilMayJuné

Total 6 months 1920 ..; Ditto, 1919 Ditto, 1918pitto, 1917 'Ditto/ 1915 y- ¦ ' ¦

Equivalent in tons:

Tòtál 6 months 1920 -.

Ditto, 1919 •••¦DHto, 1918 Ditto, 1917 Ditto, 1915

Rio Santos Total %Bags Bags Bags

10.243 138,180 148,423 50.05^000 18,028

23,028 7.7

5,000 5,000 1.71,000 42 1,042 0.3

60 8,500 8,560 2.925 25 —

—485 485 0.2

108,375 108,375 36.52.000 2,000 0.6200 200 0.1

21,329 275,813 297,142 100.0

Port of OriginRio Santos Total %Bags Bags Bags

10,712 125,292 136,004 45.81,651 103,522 105,173 35.41,501 45,408 46,909 15.85,375 5,376 1.81.000 - 1,090 0.31,000 1,590, 2,590 0.9

21,329 275,813 297,142 100.028,207 338,440 366,647 100.090.082 538,576 628,658 100.0

505,800 517,384 1,023,184 100.017 5,316 5,333 100.0

Ton3 Tons * Tons Tons1,280 • 16,549 17,8291,692 20,306 21,998 —5,284 32,308 37,592 • ^

30,348 31,043 61,391 —319 320 T—

F.O.B. value in sterling:—

£January 16,422February 2,607Mareh 2,405April .; 8,541May 1,882June 1.274

Total 6 months 1920 33,131Ditto, 1919 37,940Ditto, 1918 132,015Ditto, 1917 694,969Ditto. 1915 '.. 25

%192,088 208,510 45,6158.706 161,313 35.371,486 73,891 16.1

8,543 1,91,882 0.4

2,026 3,300 0.7

424,308 457,439456,524 494,464807,183 939,198710,885 1,405,8547,975 8,000

100.0

RICEClearances overseas of rice at theports of Rio and Santos

during the week ended 21st July, in bags of 60 kilos, were asfollows:—

From Santos: July 19, s.s. Erenier, B. Aires, Sundry ship-pers 1,040 bags; 17, s.s. Catalina, B. Aires, Sundry Shippers,800 bags; 18 Tomaso di Savoia, B. Aires, Souza Pinto & Co.1,000 bags; 17 s.s. Ango. B. Aires, Sundry Shippers, 234 bags;19, s.s. Avon, B. Aires, Raphael Sampaio & Co. 560 bags;, Gus-tav Trinks, 131 bags; ditto Valparaiso, J. de Siqueira & Co.330 bags; total Avon, 1,021 bags; 20 s.s. Radnorshire, B. Aires;J. Jorge de Figueiredo & Co. 3,000 bags, Andrade Junqueira &Co. 1,016 bags, J. de Siqueira & Co. 500 bags, Almeida CardiaAbreu & Co. 400; total Radnorshire, 4,916 bags; total Santo»

9,011 bags.Port of origin

Destination Rio Santos TotalBags Bags Bags

Buenos Aires 8,681 8,681Valparaiso 330 330

, __._.. ... _•

Total for the week 9,011 .9,011Ditto, 1 to 21 July 3,881 114,828 118,70?*Ditto, 1 Jan. to 21 July 1920 127,141 ¦ 883,594 1,010,735Ditto, 1 Jan. to 23 July, 1920 4,144 28,207 32,846

£F.O.B. value for the week 22,744 22,744Ditto, 1 to 21 July 9,795 289,826: 299,621Ditto, 1 Jan. to 21 July. 1920 357,404 2,328,998 2,686,402Ditto, 1 Jan. to 23 July, 1919 12,011 69,965 81,976

—The S. Paulo Market closed on 21st July with spot, agulha

cleaned weak and in husk nominal, Cattete, cleaned and in husk

quiet, and quoted as follows, per bag of 60 kilos, unaltered as

compared with the previous Wednesday-.— Agulha, cleaned, >u-

perior, 35$ to 36$; ditto, good, 28$ to 29$; ditto fair, nominal,

dittos, second or split rice, 17$ to 18$; agulha in husk, special,

superior and good, nominal; Cattete, cleaned,. superior, 27$ to

28$; ditto, good, 23$ to 24$; ditto, fair, nominal; ditto, second

or split rice, 17$ to 18$; quirera, 14$ to 15$; Cattete, in husk,

giood. noniinal.Options closed on same date, quoted as follows, per 60 kilos:—

Agulha and Cattete cleaned, not quoted; Agulha in husk: July,

27$300 buyers and 29$500 sellers; August, 21$500 and 21$900

respectivelv; Sept. 20$ and 21$300; October, 20$ buyers only;

November, 20$ and 20$400; December, 20$000 and 20$300; Cat-

tete in husk, July 19$ sellers only. ,

MANDIOCA ME ALThere were no clearances overseas at either port of Rio or

Santos during the week ended 21st July 1920. _

!¦''.

July 28th, 1920. WÍLBMAWS BRAZILIAN REVITCW 1065

The S. Paulo Rice Market. During tho last few days, rice

in husk has hoen rising steadily and to such an extent as to be

cuoted higher than the cleaned article. Such an absurd state of

affairs can only he the result of mauipulations of speculators, y ho

desire to push the price of the raw article to a prohibitive levei

foi profàteering purposes. It is ourious that speculators should

lake such a step just as the active demand that prevailed during

June and the earlier part of the current month had ceased.

The S. Paulo Produce Exchange, however, took matters into

their own hand.., and, after Saturday's opening. when rice in husk

was quoted at 30$300 to 30$400 per bag of 60 kilos for spot and

h„ár options, with offers at 30$900, whilst for August the same

article was quoted at 21$050 buyers and 21$450 sellers, a special

meeting of ali the members was held. at which it was dec-dorl

that qimtations of roce in husk in the Exchange would be suspended

lÜitii such time as speculators retired from the market.

other origins. Stocks on 15th June amòunted to 262,114 bags, ofwhich 47,912 bags of Bahia, 68,232 bags San Thomé, 36.805 bags

Trinidad, 28,666 bags Accra and 80,458 bags sundries.

MEATThere were no clearances overseas of frozen beef, offal and

pork at either port of Rio or Santos during the week ended 12st

July:—

—Sundry clearances:—July, 20; s.s. Hubert, Rio-N. York,

Brazilian Meat Co. ox narrow 11 tons; hair 17 tons; July 18, s.s.

Corcovadò, Santos-Liverpol, Continental Products Co., 1,060

cases of canned meat, weighing 60 tons. .. .

COCOAClearances overseas of cocoa at the ports of Rio and Santos

according to manifests réceived during the week ended 21st July,

in bags of 60 kilos, were as follows:—

From Bahia: July, 8, s.s. Dominic, Hamburg, Sundry ship-

nè_a 3 500- ditto, Rotterdam, ditto, 2,300, total Dominic, 5,800

bags- 10, s.s. Siris Antwerp, ditto, 2,375; ditto London ditto,

li ditto. Liverpool, ditto, 200, total Siris, 2,678 bags; 14 s.s.

Zii, Montevideo, in transit for Valparaiso, ditto600'bags;

H s Newton, New York, ditto, 12,664; total Bahia 21,642 bags.

From Eio de Janeiro: July, 18, s.s. Avon, B. Arres Theo-

dor Wille & Co. 50; ditto, Montevideo, ditto, 350, total Avon,

400bagS- Port of origin^ x- 4-- Rio Bahia TotalDestination R1° R

Bags Bags Bags12,664 12,664

New York 3500 3j50oHamburg ^^ 2,375Antwerp 2'30O 2,300Itotterdam '5Q0 500Valparaiso 35Q __ 350Montevideo 200 200Liverpool 1Qg 103London "* ^ 50Buenos Aires

^0 21,642 22,042Total for the week 4Q0 3Q g92 31j292Ditto, 1 to 21 July .......:•••• 31g'494 3i6)999Ditto, 1 Jan. to 21 July 1920 495293

Ditto, 1 Jan. to 23 July 1919 ^JiU £' £

2125 H2,712 114,837F.O.B. value for the week y^

160 886 163,011Ditto, 1 to 21 July ••••••••••••- 8815 1,824^014 1,832,829Ditto, 1 Jan. to 21 July 1920 .^ m 2325600Ditto, 1 Jan. to 23 July 1JW sWeUmg.

The new crop is heginmn^tojnove^ul shipme

Tho Wor.«,S Pr.duc.ion .« Cocoa in 1919 say, the ¦«,,

de Correspondence" (Havre) *m0™^ZnÍrkin 176,176 tonsmore than half was of West Coa,t oi Afncan ougn

from the Ivory Coast, 46,5-50 tons fro;»V^^o»s from Togo

from Lagos, 3,000 tons from the Cameroons, 2,000

aud 920 tons from the Congo, etc.

-Bahia entries for the enrr.nt month are estimateo at

100,000 bags.

ih* "Bulletin de Correspondence' of-Import, o_ cocoa, says the

^,eJ d to 340,638Havre, during the current year to 15;-Jw*amor

bags, as against 250,414 bags for the coire sponmg p

year,' of which former 64,990 bags ^-"ndl 063 bags from

from San Thomé, 51,804 bags from rrmidad, ano *

LARDThere were no clearances overseas of lard at either port of

Rio or Santos during the week ended 21st July, 192.0—The S. Paulo market closed on 21st July, quiet with spot

quoted as followsi-S. Paulo lard,, in tins of 20 kilos each, 104$;

ditto, tins of 2 kilos, 106$; Rio Grande, tins of 20 kilos, 112*;

ditto, tins of 2 kilos, 118$.

HIDESClearances overseas of dry and salted hides at the ports of

Rio and Santos during the week ended 21st July, in umts and

tons of l,000kilo s, were as follows:—

From Santos: July.. 18 s.s. Hubert, N. York, Continental

Products Co. 18,000 salted hides, 450 tons.

Port of origin.Rio Santos Total

Tons Tons Tons

New Work total for the week ^o0Total 1 to 21 Jnly "6 v «g 694

Ditto, 1 Jan. to 21 July 1920 3,900 2 68- 6,o»

Ditto 1 Jan. to 23 July 1919...... 3,478 2,196 5,674£

F.O.B. value for the week - ^,678 40,678Ditto, 1 to 21 July W.915 54,863 »¦'£Ditto. 1 Jan. to 21 July 1920 468,207 311,11 7,38Ditto, 1 Jan. to 23 July 1919 237,757 164,026 401, ,83

Discrimination of clearances by quality and quantity in units

and tons of 1,000 kilos, from lst Jan. to 21st July, 1920Rio Santos lotai

Oualitv Umt Tons Unit Tons TJnit Tons

SltT bidês ... 127,776 3,648 101,805 2,590 229,581 6,

D,T hides 24,000 252 9,411 97 33,411 349

1 Jan,21 July.. 151,776 3,900 111,216 2,687 262,992 6,587

^ ,. .. _, Rio Santos TotalDestination *** TTons Tons lons

9 107 1769 3,966United States 2,197 1,7^ ^France ••; 'si5 707 1022United Kingdom |^ 165Antwerp ^õ 19Italy 57 79 136Germany 56Holland

Total

"w™ Í.687 6,587

III

I

y

1066 WILBMANS BRAZILIAN REVIEW July 28th, 1920.

MANGANESEClearances overseas of manganese ore at the ports of Rio,

Santos and Bahia; during the week ended 21st July, rn tons oi

1,000 kilos, were as follows:—From Rio de Janeiro: July, 13, s.s. Opauuean, Baltimoie,

D. Tyne 0'Day & Sons, 4,500 tons; 13, s.s. West Hobomac, Ba-

timore. Cia. Morro da Mina, 7,500 tons; 16, s.s. P. H. CrowellBa*-

timore, E. G. Fontes & Co. 4,000 tons; 18, s.s. Key West Baltir

more. t>. Tyne 0'Day & Sons, 6,500 tons; 19, s.s..Santa Rosaha

Baltimore, Cia. Morro da Mina, 7,300 tons; toai Rio 29,800 tons.Port of origin

RioDestination:— Tons

Baltimore, total for week 29,800Total 1 to 21 July 42,300Do, 1 Jan. to 21 July'20 212,934

Jan. to 23 July'19 123,974£

value for week 110,707

SantosTons

Do, 1 165£

BahiaTons

2,6728,603

£

F.O.B.Ditto, 1 to 21 July 157,145Do, 1 Jan. to 21 July'20 853,093Do, 1 Jan. to 23 July'19 636,301 925

9,94146,726

TotalTons

29,80042.300

215^606132.742

£110,707157,145863,034683,952

The movement at Rio de Janeiro for the week ended 21st

July, in tons of 1,000 kilos was as follows:—Stocks on 14th July _'_%Entries during the week »- &>

178,00829,800Available

Clearances during the same week

hStocks on 21st July 1920Ditto, 23rd Julv, 1919 ..

148,208209,292

ches; 17. s.s. Ango, B. Aires 13,146 bunches; 19, s.s. Liger, B.

Aires, 5,515 bunches; 19, s.s. Avon, B. Aires., 7,271 bunches; to-

tal for the week, 68,419 bunches; ditto, month to 21st July

163,204 bunches; ditto, year, 1 Jan. to 21 July, 1,543,123 bunches

ali for the Plate. ,V ,. «„-Castor Seed (mamona) From Santos:—July, 15, s.s. Man-

churian Prince, N. York, sundry shippers, 10,015 bage, 501 tons;

18 ss Hubert, N. York, F. Matarazzo & Co., Ltd. 8,000 bags;

Grace & Co., 3,000 bags; total M. Prmce, 11,00C> bags 660 tons;

21, s.s. Tennyson, N. York, F. S. Hampshire 2,500 bags; total

cleared, 23,515 bags

Wheat from Argentina. Shipments at Argentine Ports to

Brazil from 7 to 15 July—7, Apasia, B.A. to Paranaguá, 5 tons;

8, Orla, B.A. to Rio, 3,037 tons; 10, San Antônio, B.A to Pelotas,

152 tons; 10, Glenafric, B.A. to Santos, 253 tons; 15, Pnmero,

Rosário to Santo., 2,650 tons ; ditto to Antonina, 595 tonsj total

for week ending 15th, 6,692 tons; ditto, month , 1 to Io July,

14,536 tons.

TOBACCOClearances overseas of leaf tobacco at the ports of Rio, San-

tos and Bahia according to manifests received during the week

ended 21st July, in tons of 1,000 kilos, were as follows:—From Bahia: July, 18, s.s. Dominic, Santander, Sundry

shippers, (4,994 bales), 359 tons; ditto,. Hamburg, ditto, (597bales) 43 tons; 14 s.s. Avon, B. Aires, ditto, (550 bales), 39 tons;

ditto, Montevideo. ditto; (283 bales), 20 tons; 11, s.s. Newton,

New York, ditto, (25 bales) 2 tons; 13, s.s. Dupleix, Bordeaux,

(6,000 bales) 413 tons; Total for the week (12,449 bales) 876 tons.Port of origin

Destination Rio Santos Bahia TotalTons Tons Tons Tons

Borcleans «3 «£Santander 359 359„ __ ._- 43 43Hambnrg 39 39

ST-f" 20 20Montevideo "m -New York ~

f

Total for the week 876 ®76

Ditto. 1 to 21 July 55 1,686 1,741Do, 1 Jan. to 21 Jnly'20. 98 10,098 10,198Do, 1 Jan. to 23 Jnly'19 1,290 336 17,196 18,822

^F.O.B. value for week 72..026 72,026

Ditto, 1 to 21 July 9,185 138,626 147,811Do 1 Jan to 21 July'20. 15,941 146 907,354 923;441Do, 1 Jan. to 23 Jnly,'19 208,151 70,425 1.461,738 1,740,314

CLEARANCES OF SUNDRY PRODUCE JDuring the week ended 21st July 1920

Bananns—From Santos:—July, 16, s.s. Eemland, B. Aires

22,386 bunches; 17, s.s. Erinier, B. Aires, 6.166 bunches; 17 s.s.

Catalma, B. Aires, 10,935 bunches; ditto, Montevideo, 3,000 bun-

COAL,Total Weekly Coal Production

1920January 3rd 3,494,603January lOth 4,540,723January 17th 4,902,906January 24th 4,851,521January 31st 4,866,066February 7th 4,846,167February 14 th 4,897,311February 21st 4.855,845February 28th 4,835,928March 6th 4,852,427March 13th 4,900,640March 20th 4,872,642March 27th 4,879,192

(U.K.)1920

April 3rd 3,979,747April lOth 3,337,793April 17th 4,833,072April 24th 4,989,666May lst 4,564,564May 8th 4,674,302May22nd 4,830,707Maylõth.. 4,860,668May22nd 4,830,707May29th.... 3,199,947June5th 4,718,183Junel2th: 4,739,769Junel9th 4,868,846

The Welsh Coal Market, ("Fairplay," June 24.) The

general condition of the Welsh coal market is without material

alteration The inevitable diffficulties attendant upon the new

regime remain as great as ever, and the export trade is severely

handicapped. There is vastly more tonnage in dock than can be

despatched within the next six weeks or so, and scores of steamers

are leaving in ballast rather than undergo the long loading turns

now customary- Cbal prices are more or less nommal at recent

rates.

—A cable from Washington, dated 23 July, states that the

Interstate Çommission has decided to maintain the restrictions

on exports of coal for an interminable period.

Natal Ceai.. .A despatch from Pretória, dated 18 June, stated

that the Union Government had prohibited exports of coal except

under permit.

SHIPPINGThe Freight Market, Berth rates riontinua yerv weak, with

far too much tonnage for the little namo available.The U.S. rate is already down to 50c for New York tnd 60c

to Npw Orleans, and wenk at thaV-thqngh bottom appears ffô have

been touched. It cannot be very lucrativo for liners to carry

coffee at 50c. or even 80c per bag, and if the rate falls bélow the

former figure, shipping lines will be approaching the domain of

philanthropists. In August, however, there are prospects of a

rise, and it is hoped September wül bring a further improvement.Coffee, exchange, freight and almost every other market are

weak, but hang on the rag pf hope that September will bring a

spurt in the movement of coffee to improve matters generally.The market for Europe is likewise as weak as ditch water and

a downward change seems inevitable. One liner offered space to

July 28th, 1*921) WILEMAN'S BRAZILIAN REVIEW 1067

v- mburg at £3 10b without findáng shippers and consequently

!:" red the rate to £3. Other lines are asking £5 for Hamburg

1 £7 Antwerp and Dutch ports. Rates for French ports are

unaltered, but firm offers would probably * obtain space at lower

Ví,teOutports are showing up a trifle. Enquiry at Bahia for space

foi- cocoa and tobacco is well maintained. Pernambuco, however,

; ¦ flnll with rates unaltered.The market at the Plate continues weak, with far too many

. on offer Rates to fhe U.K. and Continental ports, says

S Times of Argentina," seem to be in the ncighbouiW of

- ml it may be that by the time these lines see the light ot

n-n day something less will have been accepted. Belgian Unes

ln still able to obtain £õ for government cargo, and, says our'

mnorarv "there are liners períecfly wilhng to apcept cargo

\L Bel-ian Government pay lüüs tor the favour? This is but

! fesult of ofiicial nmddling in matters beyond then- capacity.

O lard cargo from tho U.K. is looking uP >W^|™«

in.mnér and liners are bringing on an average o 000 tons to our

L vo stook for S. Paulo and Rio Grande u bemg slupped1

(oval M^l liners at the rate of 20 to 40 head per slnp. Motor' !« moving oot at the rate of two to three cars per

T„ Th new departure, in the faee of American competoon

ÍLfi-fe and premises well for the future of the BrrUsh

^iS^tM anormal, Livcrpoo, being the only con-

gested port.

_Tbe Royal Mail s.s. Arlanza left Southampton yesterday

,~_ Julv) on her maideu trip after being relitted She „ the"

t ItoVu Ma 1 boat to burn oil and will be bunkered at tas port.

Ir lo will load a full cargo of frozen meat at Santos for

ü:^;, s.s. Tamar, mid Aogust loading, for Continental

''""VTliRoyal Belgian Lloyd s.s. Gascognier. due trom Antwerp

,„„ lll about 10 August, will load 5,000 bags at R,e and o,000

bags at Santos for Buenos Aires ^—The P.S.N.C. s.s. Orita, due about 12 Aug,

Glnlian ports, no engagements. i^ll£/ht ten freight-The lloval Belgian Lloyd are said to have bought ten ttc

(,,,erl hom the TJ.I. Shipping Board of 3.000 toas each, budt ,.

"'"-The French Cie. General Transatlântica

^K^"^m0nth,y service of cargo boats between Hambu g l*ench P

_d South America. The first boat .s about to sad.

•prop.sed Extension .7^7^"Santo, O**.*™**

S. Paulo reports that there is a f^st^ofS. Paulo, ia

c,„ays at Santos, the princpal port «^f*g^^. Tbeorder that they may comply with modem *

sufficiellt fordepth of the water alongside the quays «no

^™ pl,„.the class of steamer which is bemg placed m se v ce h5 p

cpal comPan,es at the present tune. J^V^i had t„

noticed before the war, when some of the *te^el -^ Tho

leave Santos out of their itinerary or .«g^ J üw ^deralHarbour Inspector has now drawn the aUerdmn o ti-

Minister of Ways aud Mean, to tbs hand, ap o ^

p

p...p facilities, and has suggested that a neu sttetco! ^

J ^

be built where the depth at low t.de wdl not he le ^ ^

eleven metros. The building of th.s >«'^ ^ „VontB fe

Bupplemented by the dredging of the ehauí ^ ^ lhiin

Simões" Buoy, where the ta.rway at to* ^^ f()[.eight metros deep. This "^1,

inspector has pointolabout three kilometres and the Haipoui poS,ible.-

,uf that the work should be undertaken as soon

"Board of Trade Journal "

THE BR.T.Ih S»"^J™ZU« ¦- - «¦""Tho British suppiy CO.

^«Jf -âitt hiSh c.ass

47 (Praça Maua), and aro H°W£**«£S5è__SS W". Wpe-s.a«.nary, wnting papors a^_nd^d ^writing ribbons, printing ana ymy*

-The "Diário Official" of July 24, 1920, publishes details i.i

full of the new freight rates of the Lloyd Brasileiro, of which we

have already published an extract.

The Árgentine Freight Market. (From "The Times of Ar-

gentina" July 12). The Brazilian market is nominal and we un-

derstand that some of the coasters are picking up their skirts andleaving in ballast. We are informed that seven dollars might

tempt the liners to waste time in loading, but shippers are unablo

to offer the price.

The U.K. Freight Market. (From "Fairplay," of June 24.)The freight market is in a very unsatisfactory condition, for

employment is becoming more and more difficult to obtain. Mo-

reover, there are rumours that.the United States may put an

embargo on ali coal except for shipment in American boats.. It

is to be hoped that such will not be the case, otherwise the im-

mediate outlook for tramp shipping will be very serious, forj

apart from that particular coal business, there is very little re-

munerative employment. Our coal export trade has almost ceasedso it is no use for owners to try to fali back upon employmentfrom our coal ports. Even the few stray orders that have been

filled are much lower rates. For instance.. Wales to West Italy

is 45s. per ton, while for other Mediterranean destinations rates

that were not long ago about 80s. have dropped to about 52s. 6d.

Owners, apparently, have no option but to run their boats from

the United Kingdom in ballast to some homeward loading port,

but, excluding American coal business, we would ask where

would they propose to send them? There is next to no demand

from the East, while it would not pay to run in ballast from the

United Kingdom upon the present levei of somewhat nominal

quotations from índia, etc. Again, the River Plate market is

a very unsafe one to speculate upon, and it would be utter mad-

ness to send boats out unfixed home to, say.. Monte Vídeo for

orders The result would probably be disastrous, especially it

there was a detention in the Plate of possibly six to eightweeks

while it would be even worse if the boats had eventua-ly to shift

i„ ballast the Monte Video to the TJ.S. for homeward employment

Such has oceurred before and can easily occur agam for the River

Plate market is the most erratic of aU homeward markets ^

those owners who have been badly caught m prvious years know

only too well. ,, AThe outlook for tramp boats at present is unfavourable, and

we fail to see how trading conditions can improve, for at every

point there seem to be unmistakably indications that the supply

f tonnage is increasing aU the time while the demand for same

dea-easfng. Tf tonnage is to he profitahly employed here mus

be a healthy trade going on more or less generally y°^°™

But what do we find? In the principal íW^t^"|ethere is nothing but trouble npon tronUe. In tho fnst place r

financial situation is grave in the extreme ,íor ^J*»^

sent rates of certain exchanges, it is difficult to see fac* JQj^

countries can indefinitely stave off bankruptcy, -f no «*£

¦Ynd if those countries cannot import then there is less emp oyAnd at tnose universal

labour unrest, a determina-

a" t do as hít,e worh as possihle and continnal strihing fortion to ao har possible for

tfâ£*ÜS& ^eop pace with thecost ofq imports :

so that, from a shipowner'* point of v.ew, he gets h,t hoth «a>s.

¥ iÊ^tlaSrf mm« B-jj. are. « -i f-aí? River Plate $14 Rio de Janei o. $18 Mareies, $K

about $lá Kiver naxe,jp±? -pÀ+j-Arílam $19 Denmark,West Italy, «20.50 Adnatac *16*TO

f^ònnlge in sight is ap-$20 Gothemburg, etc, and the amount of tonnage ms g

parently ample for oharterers^eqn-remen|. £££%%£¦&

ber of vessels are reported to be waitmg off Hal^m\ree to

eargp; the number being variously estimated ,at from

four hundred. . t th supplyCoal rates from Wales are agam IoTO£o,.ngg

of tonnage being so much in excess d^ demand^ Fo .

45s. has been accepted, and for G.brat.u «J|^

repòríéd that 35s. has been done for Rio de Janeiro.

1068 WILEMAN'8 BRAZILIAN REVIEW. July 28th, 1920.

¦^^«^••^¦¦«¦¦¦¦¦¦i^'*'^ I

BOOTH DL,13STESLIVERPOOL

ROYAL MAIL LINE OF STPAMFRS TO THE NORTHERN PORTS OF BRAZIL ANO IQUITOS (PERU)

RTrrTTí.AR AND FAST SERVICE OF STEAMERS BETWEEN

NHW YONK ANO PA„A, MANAOS. «M™"^ "Ç™(CALLING AT BARBADOS),BAHIA, RIO DE JANEIRO, SANTOS * mu u

nnr.™ 4 TO .LONDON. LTD Pará. BOOTH & CO. (LONDON) LTD., ParnahybaBOOIH & CO. (J-ONLHJJN. ui.u., l*- •Drkr.rp__r

_v nn (1ONDON) LTD., Ceará.BOOTH & CO. (LONDON) LTD., Ma.ao.. B°°™ *

% (™°ON)

LTD., Iquitos (Peru).BOOTH & CO. (LONDON) LTD., Maranhão BOOTH & CO.(LONDON) ia v., q

JTJLIDS VON SOHSTEN & CO., Natal, Cabedello, Ree.fe and Mace.o.

WILSON, SONS ft CO., LTD., Bahia, Bio de Janeiro, Santos and R» Grande do Sul.

Arrivals at the Ports of Rio and Santos during the weekended 22nd July, 1920.

Rio Santos Total

Flag No.British 18American 13French 4Italian 4Braz, overseas ... 4NorWegian 2Sweden 2Brit. (Canadian) 1Belgian 1Dutch 1Greek 1Inter-ally 1Argentine Japanese 1Spanish 1

Tons56,28247,26516,16916,337

6,569¦5:,qio

4,4443,3363,1222,6232,0281,342

3,5473,535

No5

Tona27,179

3 13,329

1X11

1,3742,3042,2543,336

1111

3,209640

3,6423,491

No.2313

7453321112122

Tons83,46147,26529,49816,3377,943!7,3146,6986,6723,1222,6232,0284,551

6407,1897,026

Total overseasBraz. còastwise

5411

171,6096,265

1617

60,75;810,950

70 $32,36728 17,215

Total for week ....Do, July 15, 1920Do, July 24, 1919

652858

177,87480,856

119,372

334033

71,70876,11660.369

986891

249/582156.972179,741

British Atlantic Mammoths. The news that the Cunard are

accelerating the sailings of the Mauretania, coupled with the am-

pending résuinptioh on passenger service of the Aquitania and the

return of the White Star liner Olympic to Southampton, brmgs

Atlantic travei as near pre-war status as possible, as far as the

British mammoths are concerned. The Lusitânia as unfortun-

ately, at the bottom of the sea, and this puts one of the cra.k

Cunarders off the list. ,The White Star Line also lost the Britannic, which, thougn

not a pre-war vessel, should ere now have been in a position to

take her place alongside the Olympic, the latter ^H^M&

one of the trio Olympic, Titanic and Britannic, which the W hite

Star originally planned to make the Atlantic running.

Curdously enough, the German trio are still afloat, , at d) a-

persed in many direptions. The Imperator ds being run by the

Cunard Line for the British Government, the Vaterland is in an

unhappy plight in the States, and the Bismark, the biggest sh.p

afloat, is still at Hamburg awaiting completion and also awaiting

allocation. ~The Vaterland was used successfully by the Americans as a

transport-she was conveniently bottled up in New York Harbour

—but nothing definite has been done to refit her for the Atlantic

trade She was, after allocation to America, intended for the New

York-Southampton service of the International Mercantile Mar.no

and, like the Olympic and Aquitania, was to have been converted

for oil-burning; but the cost of overhaul is put at £2,000,000, ai-

though nine months ago the Shipping Board thought it could be

done for £700,000. Offers for the Leviathan, as she is now called,

were open to end of June.

CURRENT FREIGHT RAIESRoyal Mail.—Rio, Santos, Bahia and Pernambuco for

Antwerp, Rotterdam and Hamburg: coffee, cocoa, cotton seed

meai and peanuts, bags, 140s flat ptr ton of 1,000 kilos; beans,

bran. castor seeds, cotton seed and rice, bags, 120s; bonés, dry

on deck, 90s; case irieats, case, 120s; castor oil, barreis and cases,

180s; cotton, bales, 130,s flat per 40 cubic feet; cotton seed oil,

barreis and cases, 140s per 1,000 kilos; hides, dry, m bulk, 230s;

ditto, wet. 160s; lard, cases, 140s; mandioca meai, bags, 140s;

tobaccco, bales, 330s; manganese in bulk, 80s.For United Kingdom, 5s extra and 5 per cent primage.For Havre, 350fcs and 10 per cent for ali except cotton;

cocoa, per 700 kilos; coffee per 900 kilos; hides, salted, per 1,000kilos; ditto, dry, per 800 kilos; mandioca flour, rice and sugar,

per 1,000 kilos; tobacco, per 600 kilos; cotton, fcs. 250 and 10

per cent per cubic metre.Lamport & Holt.—Rio-.U.K., same as Royal Mail; Rio and

Santos-United States, coffee, 50c. per bag in full New Yorkand 60c for New Orlans.

Prince Line.—Rio and Santos-New York, 60 to 80c per bag ofcoffee in full; ditto, New Orelans, 80c.

Booth Line.—Rio ai|d Santos to N. York, 60 to 80c; N. Orle-ahs, 60c to 80c per bag of coffee ; Hamburg £5 coffee and £3 cereais.

Royal Belgian Lloyd.—Rio and Santos-Antwerp, £7; Rotter-dam and Amsterdam, £7; Rio and Santos-Hamburg, £8.

French Line—Rio-Havre, 350fcs and 10 % coffee basis;Rio-Marseilles, 550fcs>er 1,000 kilos in full. Bordeaux 350fcs and

10 per cent per 900 kilos coffee.Scandinavian Lines.—Rio-Copenhagen, 240 kroners per 1,000

kilos net; Rio-Malmoe and Gothemburg, 230 kroners net; Rio-

Christiania, Bergen and Trondhjen. 240 kroner. Rio Helsingfors,280 kroners. Rio and Santos-Mamburg.. £5.

Italian Lines.—Rio-Genoa, £12; Naples and Trieste, £14.Lloyd Brasileiro.—Rio and Santos-Havre, 330 fcs; Antwerp

• and Rotterdam, £7 per 1,000 kilos; Hamburg, £5 Rio andHavana, 5$ per bag, cereais Europe £6.

Royal Holland Lloyd.—Rio and Sant-os-Holland, £7 coffeeand £5 cereais.

Japanese Lines.—Rio and Santos-Antwerp, £5 per ton; Rioand Santos-Cape Town and Durban, £8 and 10 per cent per tonof 1,000 kilos net. Rio and Santos, to U. S. 50c.

Spani.h Lines.—Rio-Spain, 250 pesetas and 5 per cent per1,000kiios: :;;; ^ <

í .1

July 2W- l€iIO WILEMAN'8 (BRAZILIAN REVIEW 1069

Sundry Lhiés.-^Gibialtar, 550fcs per 1,000 kilos; Barcelona,

990$- Rio-Mediterranean, £10 to £14; Trieste, £14; Algjers, Oran,

Alexandria and Phillipville, 550fcs. per 1,000 kilos; Piraeus, 745fc3

rli+to- Canary Islande, 185s and 5 per cônt; Rio and Santos-U.S.,ri- to 80c per bag of coffee; Rio-River Plate, 3$500 per bag;

ditto Santos, 3$000. Gibraltar, Oran and Algiers, with tran-

shipment, 710fcs per 1,000 kilos; Chiüan ports, 160s to 170b.

VESSELS ARRIVINC AT THE FORT OF RIO DE JANEIRO.

During the week end<.d July 22nd, 1920.

TC VICTORIA, Swedish s.s, 2160 tons from RosárioQT CLEMENT, British tug, 90 tons, from LondonT.lTrmR Beliian s.s, 3122 tons, from Buenos A.res

ÍaSSEL FreXs.s, 4623 tons, from Bahia Blancaií ADNORSHIRE, British s.Sj 4132 tons, from Swansea

TTANTIW, BÍazálian-s.s. 161 tons, from Bahia

VUTANIER British s.s, 2561 tons from Antwerp

SMÍíBp<Dü-cH s.s, 2623 tons, from AmsterdamPAMPEIRO Brazilian s.s, 1374 tons, from Genoa

WmFIELÍ) American s.s. 4644 tons, from Buenos Aires

HONVEB, Inter-ally s.s, 1342 tons, from Rosário

ITAIPAVA, Brazilian e.s, 613 tons foi Aracaju

T\PTJCA, Brazilian s.s, 869 tons, from Porto Alegre

ÂSSII Brazilian s.s, 779 tons, from Ceara

CORONEL, Brazilian s.s, 122 tons, from Caravellas

TtÍpüHY, Brazilian s.s, 926 tons from Porto Alegrefvirr A Norweeian fi.s, 2536 tons, from Rosário/MVRTHA WASHINGTON, Amer. s.s, 4021 bons, from New iork

fà A Swedish ss, 2284 tons, from Gothemburg^f^l^i^Griáierícaii s.s, 4203 tons, from Port Natal

___HíStoÜi 3216 to„_, from Bama Blanca

OCKPORT, American s.s, 3751 tons from Rosário^DOURADO, Brazilian s.s, 515 tons, from Montevideo

TIImFy Brazilfan s.s, 2767 tons, from Buenos Aires

MOONLÍTE. American s.s, 1580 tons from New YorkPANADA MARU, Japanese s.s, 3547 tons, from Kobe

mGHLAND PR1DE, British s.s, 4705 tons from London

HITLACO American s.s, 6972 tons, from Tampico

H.GHLAND LADDIE, Brit.ish..s.s 4569 to»,Jrom London

ITAQUI, Brazilian s.s, 513 tons, from ImbitubaTASSUCE, Brazilian s.s, 921 tons, from Mossoro

t it QAVOTA Italian s.s, 4895;tone, from GenoaMANOHUMAN PRINCE british s.s, 3282 tons ; írom B, Aires

™nMTORTJ Spanish s.s, 3535 tons from Buenos A.res

mmm, American s.s, 3477 tons, from Buenos AiresC HICKASON American s.s, 3453 tons, from RosárioWAIKILL American s*, 4276 tons, from Buenos AirAltlTRIUM, British s.s,'2837 tons, from Bahia BlancaTAMAR, British e.s, 2837 tons from Hull•LIGER, French s.s, 3531 tons, from BordeauxA GEÓRGEÒS, Grecian s.s, 2028 tons,, from RosárioPARDO, British s.s, 2797 tons, from NewportAVON, British s.s, 6882 tons, from SouthamptonAQTTITAINE, French s.s, 1988 tons, from SantosBERNINÍ, British s.s, 3217 tons, from Rio GrandeLAGUNA, Brazilian s.s, 300 tons, from LagunaCORCOVADO, Brazilian ns.e, 825 tons, from SantosETHA, Brazilian s.s, 231 tons, from ltajahyaUBERTi British s.s, 2486 tons, from Rio GrandeORWELL. Norwegian s.s, 2474 tons, from San Orreg

res

regorioPENTAUR, British e.s, 1953 tons, ^om San GregoiioCANADIAN MILLER, British s.s, 3336 tons, from MontiealLAKE FAUNIER, American s.s, 2649 tons, from BostonDAENTON BRIDGE, Amer. s.s, 2556 tons from.Newpoit Ne**PORTREATH, British .s.s, 2328 tons, from RosárioBELLE ISLE, French s.s, 6027 tons, from Buenos AiresCOLUMBIA, Italian s.s, 3269 tons, from Buenos AiresINCKMOOR, Bi_tish es., 2216 tons from Rosário ¦ yHR.YTAAVE, British s.s, 2093 tons, from RosárioCAVOUR, British s.s, 3075 tons, from Buenos AiresAl.CONA. American s.s, 2179 tons, from New YorkMARANCUAPE, Brazilian s.s, 1913 tons, from Genoa ,y<ANSALDO II, Italian s.s, 3146 tons, from Genoa .17 MAFALDA, Italian s.s, 5087 tons, from Buenos AiresWESTERN SPIRIT, American s.s, 3504 tons, Irom New Yoik

VESSELS SAILING FROM THE PORT OF RIO DE JANEIRO.

Durin» the week' ended July 22nd, 1920.CORCOVADO, Brazilian s.s, 829 tone, for LiverpoolTENNYSON, British s.s, 2532 tons for New YorkBERNINI, British s.s, 3207 tons, foivNew Orleans ,, ;CAVOUR, British s.s, 3151 tons, for Liverpool yOR-Ll, Norwegian s.s, 2536 tons, for Barbados : ,,AVARE, Brazilian s.s, 4952 tons, for Santos Rllpnoá AíresWESTERN SPIRIT, Norweg.au s.s, 350t,^SA^prfoBrUH^eA. R. DE GENOU1VILLE, French s.s,.3421 taw^ior HavreAQUITAINE, French s.s, 1988 tons, for Marseilles ,;, ,1';

A V DE JOYEUSE, French s.s, 3677 tons, for SantoeKELLIER, British s.s, 2816 tons, for AntwerpBRUYER, British s.s, 3156 tons, for New YorkITAUBA, Brazilian s.s, 825 tons, for Porto AlegreT DI SAVOIA, Italian e.s, 4895 tons, for Buenos AiresMARCONI, British s.s, 4578 tons, for Rio GrandeWEST HABONICA, American s.s, 4679 tons, for BaltimoreBABINDA, American s.s, 2483 tons, for S. Francisco, Cal.HIGHLAND PRIDE, British s.s, 4706 tone, forr Buenos AiresHIGHLAND LADDIE, British s.s, 4659 tçne, for Buenos AireeAVON, Britieh s.s, 6882 tons, for Buenos 'AiresEEMLAND, Dutch s.s, 2762 tons, for Buenos AiresCAMPEIRO, Brazilian s.s, 1374 tons, for Buenos AiresMARTHA WASHINGTON, Amer. s.s, 4021 tons, for MontevideoLOCK PORT, American s.s, 3751 tons, for Ntw YorkDEERFIELD, American s.s, 4667 tons, for Canal.BAHIA, Brazilian s.e, 1548 tons, for ManaosPYRINEOS, Brazilian s.s, 585 tons, for Maranhão r.JACUHY, Brazilian s.s, 654 tons, for ParaGURUPY, Brazilian s.s, 599 tons, for SantosCORONEL, Brazilian s.s, 105 tons, for CaravellasTREVEAN, British s.s, 3216 tons, for AnntwerpKINA, Danish s.s, 4534 tons, for Buenos AiresCANADA MARU, Japanese s.s, 3547 tons, for New OrleansHULACO, American s.s, 6972 tons, for TampicoP. H. CROWELL, American s.s, 2432 tons, for BaltimoreITAPUHY, Brazilian, s.s, 926 tons, for MacauMACHANAN, Brazilian s.s, 323 tons, for Porto AlegreTAMAR, British s.s, 2489 tons, for Rio GrandePARDO, British s.s, 2797 tons, for SantosHOWNED, Inter-ally s.s, 1342 tons, for GibraltarKEY WEST, Norwegian s.s, 3017 tons, for BaltimoreMANCHURÍAN PRINCE, Bi.tish s.e, 3282 tons, for New YorkITAPUCA, Brazilian s.s,'-926 tons, for Porto AlegreITAIPAVA, Brazilian s.s, 613 tons, for PelotasASSU, Brazilian s.s, 779 tons, for Porto AlegreCHICKASEN, American s.s, 3453 ton<_, for New YorkR. MUNBRA, Spanish s.s, 3583 tons, for DunkerqueLIMA, Swedish s.s, 2254 tons, for SantosCOLUMBIA, Inter-ally s.s, 3558 tons, for TriesteALATRIUM, British s.s, 2837 tons, for GibraltarÁGIOS GEORGEOS, Grecian s.s, 2028 tons, for GibraltarORAVELL, Norwegian s.s, 2474 tons, for St VincentLIGER, French s.e, 3534 tons, for Rio da PrataBRITANIER, British s.s, 2560 tons, for Rio da PrataSÍRIO, Brazilian s.s, 584 tons. for MontevideoALAGDALENA, Brazilian tug, 120 tons, for ItabapoanaHUBERT, British s.s, 2486 tons, for New YorkBRYNTAME, British s.s, 2093 tons, for Nice1NCHMOOR, British s.s, 2214 tons, for NewcastleP. MAFALDA, Italian s.s, 5082 tons, for GenoaLAKE FANNIER, Amei .can s.s, 2649 tons, for MontevideoDECATUR BRIDGE, American s.s, 2256 tons, for B. AiresMOONLÍTE, American lugger, 1580 tons, for MontevideoFORTREATH, British s.s, 2328 tons, for St. VincentCANADIAN MILLER, British s.s, 3336 tons, for Buenos AiresSTA ROSALIA, American s.e, 3488 tons, for BaltimoreSAMARA, French s.s, 3424 tons, for BordeauxBELLE ISLE, French ss., 6027 tons, for Bordeaux

VESSELS ARRIVING AT THE PORT OF SANTOS.Duri •.' the week ended July 22nd, 1920.

ITAUBA, Brazilian s.s, 825 tons, from RioCATALINA, Spanish s.s, 3491 tons, from BarcelonaRADNORSHIRE, British s.s, 4132 tons, from SwanseaSOLUMBIA, Inter-ally s.s, 3209 tone, from Buenos AiresCAMPEIRO, Brazilian s.s, 1374 tons, from GenoaALAYDE, Brazilian* s.s, 143 tons, from GuaratubaOYAPOCK, Brazilian s.s, 599 tons, from GuaratubaGURUPY, Brazilian s.s, 599 tons, from RioTA COMA MARU, Japanese s.s, 4632 tons, from Buenos AiresPLUTARCH, British s.s, 3887 tons, from New YorkBELLE ISLE, French s.e, 6027 tons, from Buenos AiresLEMA, Swedish s.s, 2254 tons, from GothemburgLIGER, French s.s, 3530 tons, from BordeauxANNA, Brazilian s.s, 247 tons, from FlorianópolisITAPURA, Brazilian s.s, 926 tons, from RioAVON, British s.s, 6882 tons, from SouthamptonCURITYBA, Argentine s.s, 640 tons, from Rosário r-

•LUCANIA, Brazilian s.s, 207 tons, from ltajahyRIO MACANHAN, Brazilian s.s, 323 tons, from RioITAIPAVA, Brazilian s.s, 613 tons, from Aracaju

1

_

11

í. I

-H

ITAJUBA, Brazilian s.s, 867 tons, from Porto AlegreSAMARA, French s.s, 3772 tons, from Buenos AiresBELÉM, Brazilian s.e, 2228 tons, from Areia BrancaITAQUATIA, Brazilian s.s, 1258 tons, from Porto AlegreITAITUBA, Brazilian s.s, 613 tons, fteni PelotasCARANGOLA, Brazilian s.s, 226 tons, from LagunaASSU, Brazilian s.s, 779 tone, from FortalezaSIRIÒ, Brazilian s.s, 554 íons, from Rio

_—__ - —-_-__--n^-n _. - - -^.*-.j- . -S^^LmL-.: ' '•**? —^**m -"- ——" "' "" - * - -^a—.. \ . — - - —~ -; <_wj . - ** ¦- _---^^^^__________é______________________i

-~i íimiiiiww'1'"" .-=-..----. ~^—ã-t-^gg-*--..r...-i:¦: .-¦¦-¦¦-Y-jWjJWJg~^wpi[^y ,*-,,-., -¦-' ¦ y.._ -_.._¦J^_-,_^.Ã__^_-_------------M

___^¦

107:0 [, WILEMAN'8 BRAZILIAN REVIEW July 2-th, 1920.

TREZBARRAS, Brazilian s.s, 366 tons, from S. FranciscoANDES, British s.s, 9480 tons, from Buenos AiresPARDO, British s.s, 2798 tons, from SwansfeaSARK, Norwegian s.s, 2304 tons, from Buenos AiresCANADIAN MILLER. British s.s, 3336 tons, from Montreal

VESSELS SAILING FROM THE PORT OF SANTOS.During the week ended July 22nd, 1920.

ÍTAUBA, Brazilian s.s, 825 tons, for Porto AlegreCATALINA, Spanish s.s, 3490 tons, for Buenos AiresCOLUMBIA, Inter-ally s.s, 3209 tons, for TritsteSERVIAN PRINCE, British s.s, 3149 tons, for RosárioBERNINI, British s.s, 3217 tons, for New OrleansAQUITAINE, French s.s, 1988 tons, for MarseillesHUBERT, British s.s, 2468 tons, for New YorkERINIER, British s.s, 2820 tons, for Buenos AiresANGO, Frenc hs.s, 4625 tons, for Buenos AiresCORCOVADO, Brazilian s.s, 825 tons, for LiverpoolOYAPOOK, Brazilian s.s, 143 tons, for Rio _

T DI SAVOIA, Italian s.s, 4895 tons, for Buenos AiresBELLE ISLE, French s.s, 6027 tons, for BordeauxLIGER, French s.s, 3530 tons, for Buenos AiresITAPURA, Brazilian s.s, 926. tons, for Porto AlegreANNA, Brazilian s.s, 247 tons, for RioLUCANIA, Brazilian s.s, 207 tons, for RioCAMPEIRO, Brazilian s.ts, 1374 tons, for Buenos AiresITAIPAVA, Brazilian s.s, 613 tons, for PelotasITAJUBA, Brazilian s.s, 869 tons, for RioAVON, British s.s, 6882 tons, for Buenos AiresSAMARA, French s.s, 3772 tons, for BordeauxITAQUATIA, Brazilian s.s, 1250 tons, for Breia BrancaITAITUBA, Brazilian s.s, 613 tons, for AracajuRADNORSHIRE, British s.s, 4132 tons, for Buenos AiresANDES, British s.s, 9480 tons, forr SoüthamptonTENNYSON, British s.s, 2482 tons, for New YorkMARCONI, British s.s, 4518 tons, for Rio GrandeSÍRIO, Brazilian s.s, 554 tons, for MontevideoCARANGOLA, Brazilian s.s, 226 tons, for1" RioRIO MACANHAN, Brazilian s.s, 250 tons, for Porto AlegreAMÉRICO, Brazilian yacht, 16 tons, for Iguape

BOATS LOADING OR EXPECTED TO LOAD COFFEE AND/OR CEREALSAND SANTOS.JULY 24th, 1920.

Port of Rio.Space

Name—Flag—Date sailing—Destination offered EngagedFor the United States:— Bags Bags

Berinihi (Brit.) July, New Orleans —Byron, (Brit.) Aug. New York 10,000 —Canadian Miller, (Brit.) Aug. N. Yrk and Canada —

Glenaffric (Brit.) July, New Orleans —Glenshiel, (Brit.) end July, New York —

Justin (Brit.) July, New York 10,000 —Pancras, (Brit.) Àug. New York 10,000 —Romney (Brit.) Aug. New York ..-• —Sark (Brit.) July, New York —Spartan Prince (Brit.), August, New Orleans ¦— —Siddons, (Brit.) Aug. New York —

Tabor (Brit.) August, New York —Vasari, (Brit.) July, New York 10,000 7,000Avaré (Braz.) July-Aug., Havana and New York 20,000 —Maranguape, (Braz.) Aug. N. Orleans and Havana... —

Easterner (Amer.) July, New Orleans 7,000 5,000Huron, (Amer.) August, New York 10,000 —Martha Washington (Amer.) July New York 10,000 —North West Bridge (Amer.) Aug. New York 40.000 —Wimona (Amer.) Aug., Baltimore 10,000 —Tacoma Maru (Jap.) August, Havana and N. Orleans... 10,000 6,000

Total, United States 147,000" 18^000

For Europe:—Dennis, (Brit.) Aug.-Sep. Antw'p Rottfdm and Hamb'g 10,000 —Somme, (Brit.) July, Rotterdam and Hamburg 10,000 10,000Amiral Joyeuse (Frch.) Aug. Havre 10,000 —Ango, (.Frch.) July-Aug. Havre 10,000 —Aurigny, (Frch.) Aug. Bordeaux, 10,000 —Cassei (Fch.) July, Dunkerque 10,000 —Fort de Troyon (French) July, Havre 10,000 4,000Liger, (Frch.) Aug. Bordeaux 10,000 9,000Sta. Helena (Frcft.) Aug. Havre 10,000 —*Keresaspa (Amer.) Aug. Hamburg 10,000 —*Kerksan (Amer.), Aug. Hamburg 15,000 8,000Kennemerland (Dutch) Aug, Amsterdam and Rotterdam 10,000 —Gaasterland (Dutch) August Amsterdam and Rotterdam 10,000 —Hollandia (Dutch) August, Amsterdam and Rotterdam. 5,000 —Ootmarsum (Dutch) Aug. Rotterdam and Amsterdam ... 10,000 —Kentucky (Danish) July, Hamburg and Copenhagen .... —Laura Skogland (Swed.) Aug —

Catarina (Span.) Aug. Spanish ports —

Ringborg (Scand.) July, Havre, and Hamburg 10,000 3,000Viborg (Scand.) July, Rotfdam, Hamb'g and Copenhgn 10,000 ; —

Moncalier, (Ital.) July Genoa 20,000 11,000Sofia, (Ital.) Aug. Trieste 10,000 —

Total, Europe 200,000 45,000*Agents, E. Johnston & .Co,..; ...

AT THE PORTS OF RIO DE JANEIRO

Santos.Spaceoffered EngagedBags Bags50,000 18,000

Freight rate

50,00050,00030,000

40,00025,00060.00040,00030,000

40,000p

30,00027,000

10,00015.000

60,000

$0.70$0.60$0.80$0.80$0.80$0.60$0.80$0.60•$0.80

$0.80$0.60$0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.60$0.80

$0.80

***TÍ3-

andand

$1.00

425,000 t 82,000

and 10 per cent.and 10 per cent.and 10 per cent.

£3 cereais.£9

350fcs and 10%350fcs. and 10 per cent.350fcs. and 10 per cent.

40,000 350fcs.350fcs.

— 350fcs.30,000 5,000 £530,000 £515,000 £6-£715,000 -- £6-£715,000 £6-£7

£6-£740,000 35,000 £7 and250crs& 10 % reb.30,000 £510,000 250 pesetas and 5%30,000 330cs. and £7.__ __ £6-£7

30,000 2,500 £8£14

285,000 42,500