Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1917-11-29
South American Trade Triples.

Trade between the United States and
South America Is three times as great as
In the year before the war. A compila-
ton Of the National City bank, Of New
York, shows that the total exports 20
that continent in the eight months ending
with August (the latest month for which
figures are available) aggregated $lSS,0W,-
800 against SCI, 000, 600 in the same months
Of 1914; and the imports from South
America We're $433, 900, 700 against $157, 600
900 in the same months Of 1914. Thus the
total trade with that continent in the
eight months of 1917 was 1920, 900, 900 against
s222, OD, 600 in the corresponding months OF
1914.
To Argentina, Chile and Peru the ex-
ports have more than trebled; and to Uru-
quay quadrupled: while to Brazil, Colom-
oia, Ecuador and Venezuela the exports
are nearly three times as great as in 1914.
To Argentina the total for the eight
months ending with August 1917 is $62, $780,
700 against $40, Gao, 900 in the same months
Of 1914; to Brazil. $40, 1877, 600 against $15,-
49, coo; to Chile, s32,91 600 against $40, SO0,GO
IN the corresponding months of 1914.
Imports from each of the South Ameri-
can countries show large increases, but
especially those from Argentina, Uruguay,
| Chile and Peru. From Argentina the
imports of the eight months Of the curren+
year are S133, S69, 600 against $40, 1920 in
the same months of 1914; from Chile, $780,
! oZo,pSU against Sl5,SJ4,pO, from Uruguay,
SIS, $4,000 against sS,522,0 600; and from
Brazil, s1O6. 335, eco against SCI, 63S. 600 in the
corresponding months of 1914.
This increase continues down to the
very latest moment for which figures
available, the August, 1917, exports to ali
South America having been S24, SSS, 900
against s, 312,C00 in August, 1914, and the
imports from that continent in August,
Of the current year, s49, 1886, 600 against s15,-
Q96, 600 in August, of 1914.
The share which the United States is
now supplying of the trade of South
America Is very much greater than before
the war. The banks compilation shows
that merchandise from the United States
formed about 80 per cent or the imports
Of all South America in 1916, while in 1913
we supplied but Is per cent Of the total
imports Of that continent. The United
States took in the calendar year, 1916, ap-
p~roximately 30 per cent Of the exports Of
South America, and in 1913 but II per cent.
The principal articles in which the
growth occurs are, on the import side
quebracho, coffee, cacao. or wool, oul
imports from all South America in the
eight months ending with August 1911
amounted to s9S, 900, 900 value against onl.
$11,o COX, 900 in the same months Of 1914; hides
s64, OOO, 600 in 1917 against s21 600, 200 in the
same months Of 1914; copper $4,000, 0U
against 100000 in the corresponding
months Of 1914; quebracho $500 900 against
5 2,5CO,0O0 and nitrate $50, 000,G0O against s11,
900, 900 in the corresponding months of 1914
In fresh meats the imports from South
America nave fallen off very greatly from
approximately S7,O00,O in the full yea
1914 to $25O,O in the eight months ending
with August, 1917, even at the greatly in,
creased prices.