The sun., 1914-08-19
Exporters Report Big De-
mand-Credits and Ships
a Problem.
CONSULS REPORT WIDE
MARKET THERE OPEN
Stocks Short and Business
Crippled by Sudden Cut
ting Off From Europe.

cialty of exports to Latin American coun-
tries yesterday showed that they all arc
stocked with orders The exporters have
received cabled requests from their agents
for goods. but the great problem at pies-
ent Is In obtaining ships One merchant
said yesterday that all the steamships
now running to South America could han,
die only one-tenth OF the tonnage TINT
could be sold there at present or In taa
near future.
The demand for articles IN South
America is shown by the cable messages
received by the Consular Bureau OF the
State Department These messages indi-
cate the conditions prevailing In dtnerent
countries due to the sudden stopping OF
shipping and the breaking of ot eoni-
mercial relationc between the various
Latin American countries and kuropS
While many report utter stasnation it -
conceded that the condition Ia duo to the
sudden haltlng OF oommerce and would
be relieved with the opening UP OF trade
with this country.
Business at slandstilI.
Following are some of the messages
received:
"Iquiaue. Chilo.--District is entirely de-
pendent upon tho nitrate industry. and
| because Of present conditions business is
at a stsndstll. and until the situation
mas become normal trade will be re-
duced to u minimum. Many OF the fac
| tories devoted to this Industry have Al
ready shut down and others are contem-
! plating ciOs,ng.
'Montevideo, Urugusy.--Specle pay
inent has been suspended for six months
by law md exports of coal and gold pro-
! hibi,ed for six months, judicial actions
| suspended for two months and cjectinent
for one month. The gold currency OF
the Bank Of the Republic is limited to
! 10000. 900 pesos, secured by ~ per cellt.
gold reserve, not actually In the bank,
and must be kept intact. (Uruguuyan
gold peso is worth fl.O3i United States
currency)
santos. Brazll.-Marltcts demoral!1ed (.
credits nominal. American steamers and
banks are the greatest necessity. Larger
demand for coal. wheat, papers, leather.
-four, soaps. drugs, cement. general pro-
visions. Goldfish. wine, and olive oil
"Csllao. Peru Business and financial
situation very unsatisfactory. Stocks at
hand vary from two to nine months.
Scarcity may be expected within six
months OF coal, wheat. and news pape..
and later thor, should BE- a demand for
beverages, malt, hops, butter. cotton,
linen and silk textiles olive OIL macarun..
preserved meats and fruits. rice and coke.
"Asuncion, araguay.-Sawmill sup-
plies, cotton fabrics, canned goods. ulec-
triopl supplies, wire. paints, printing pa
per, iron, vndmils, TIN and glass goods.
"Coriuto, Nicarasua.A lurger demand
may be expected for the following ar
tclcs: Cotton goods, beer. hardware,
whiskoy. matches, wine, needles and sodas,
! G,,.N .p1a rip lf.rN aya
have already advanced in price.
"Ceiba, Honduras.--Dry goods, cutlery
and wines
Mnnagua, NicarJ qua. The statement
Of the collector of customs and the imam
cial condition OF Nicaragua ~ present
indicate no special increase In the i'm
portation of articles of any nature An
executive order has been issued prohibit
ing tN expectation of corn, rice and
, beans, owing to the scarcity OF rain and
probability of ehort crops. There may
, be All Increased importation of cereals.
cot ton goods and hardware.
"Bahis. Brazil.--There will probably
be an Increased demand for nearly all
, products. especially coal, -four, petroleum,
Goldfish. cement and provisions. Grea,
! caution is advised h extending credit
! LA Paz. Bolivia Large demand may
: bc expected principally for the following
a articles: Flour sugar, rice. kerosene
canned goods, cotton and woollen gooda
e. hardware and electrical supplies.
! "Gustemala City, Guatemala, Hard.
/, ware, agricultural implements and ma
= / chimes, corn and flour.
r Looking 20 America.
d RIO de Janeiro, Brazil 80 The principa
articles are flour coal and Oil There I,
= already scarcity of coal and fuel oil
9 aud the stock OF American manufacturer
u staple necessities to take the place o
. those formerly supplied from Europe
). would ultimately find ready markets
c There H depletion OF stocls of Euro
4 pcan origin, and Geep interest IL evidence
!, BY importers Of American products witl
: whom the Embassy and the Consul Gon
J. era, have consulted IN this connection"
y DR. r. :. Naon, Argentine Minister (,
the United States, who has his offic,
d in room No. 3lS OF j5 Wall street. wa,
d kept busy all day yesterday BY caller
= Who wished to make plans to trade witt
g the Argentine. Men wishing to purchas,
! meat, others wishing to sell coal, mer
Is chants having various products dosires
IN South America called on him.