The Prescott daily news., 1914-03-09
TRADE OF UNITED STATES
WITH ARGENTINA. 1913.
Trade Increases to 55 Million Dollars
in 1913; Imports Therefrom In
creases from Million in
1898 to 81 Million.

OF Argentina, which has recently been
aroused by reason of its increasing
contributions to our food supply, is
heightened by the announcement that
the American mission to Buenos Aires
is to be raised from the rank of a
ministry to that of an embassy.
Argentina is the foremost South
American country as a market for pro-
ducts of the United States, our sales
thereto in the last calendar year hav-
ing been 55 million dollars in value,
compared with forty million to Brazil
and 81 million to the remaining twelve
countries of that continent.
Our trade with Argentina shows
constant and rapid expansion, exports
thereto having grown from 5 million
dollars in 1898 to IA million in 1903
and 50 million in 1913, while imports
therefrom rose from million in 1898
to 8 million in 1903 and 27 million
in 1913. Thus exports to Argentina
quadrupled and imports therefrom
trebled during the last 10 years.
American manufactures have long
been popular in Argentina and consti-
tute an important part of the growing
exports to that country. Sales to that
country during the last fiscal year, as
shown by statements recently pre-
pared by the Bureau of Foreign and
Domestic Commerce, Department of
Commerce included many articles of
wide use in an agricultural and rapid
ly developing country, such as farm
ing implements, 6 1-3 million dollars;
twine 2 million; traction and station
cry engines, l million; and windmills,
a half million. Automobiles were ex-
ported to the extent of III million
dollars worth; other cars and car
riages, million; sewing machines,
$50 thousand dollars worth, typewrit-
ers, 355 thousand; cash registers, 261
Thousand; and miscellaneous machinery
1& million dollars. Other articles
exported in large quantities included
boards and planks, 5 2-3 million dol
lars; shocks, and naphthas, 2 13 mil
lion; Illuminating oil, pa million;
cotton seed oil, million; leather man.
ufacturers, including boots and shoes,
I212 million; chemicals, drugs, and
medicines, IA million; and cotton
goods and electrical appliances, each
about one half million dollars. Musi-
cal instruments, clocks and watches,
glassware, wheelbarrows, soap, black
ing, firearms, and scales and balances
are among the numerous other items
illustrative of the wide range covered
by the exports from the United States
to Argentina.
Argentina's sales to the United
States are chiefly of hides and skins
wool, chemicals, and, in recent months,
corn and beef. Imports of cattle
hides the last fiscal year aggregated
67 million pounds, valued at 1919 mil
lion dollars; the last six month, how
ever, being only about half as much
as those of the corresponding months
of 1912. Imports of Argentina goat
skins during the year amounted to
Az million pounds, valued at y mil
lion dollars wool, 25A million pounds
value 5 million; and quebracho wood
and extract thereof, used in the tam
ing industry 3A million dollars in
value.
Corn and beef show greatly increas-
ed imports from Argentina in the per-
iod following the enactment of the
new tariff law which placed those ar
ticles on the free list. In the fiscal
year of 1912 only 23,909 bushels of
corn arrived from Argentina, and in
the fiscal year of 1913, only S79,S22
bushels. OF meat and meat extracts
exclusive of sausage easings) the i'm
ports during 1912 were but $2,929 and
$7,395, respectively. In the three
months of October, November, and
December of last year. however, i'm
ports of Argenta corn rose to 4,l02,-
59S bushels, and those of Argentine
beef to 6,606,SS6 pounds, while unof-
fetal reports indicate even larger ar
rivals during January and February
of the present year.
In general terms, Argenta takes
about Is per cent of its imports from
the United States, compared with APP
proximately 81 per cent from the
United Kingdom and II per cent from