The Bridgeport evening farmer., 1917-02-20
World of Finance
'@ndERCIAL SOUTH AMERICA

a4E
 Eoffee production of Brazil for it's
 crfp year 191617 promises a very
 hifh record, perhaps the highest In
 hiHory of Brazilian coffee. It is es-
 hlRated at probably over 12 1-2 mil
 io& bags.
 Crop prospects in Argentina for cur
 re1H crop year continue unfavoraple
 owing to lack of rains and locust
 pllgue. Wheat supply probably little
 mi re than one-half of last year, and
 li1fkeed, an important crop, but about
 or3 quarter normal.
 Knitted States exports to south AIerica in 1916 total 220 milllor
 dd lars against IA millions in 191o' arf 91 millions in 1914. Imports fri In South America are 42S million
 dd lars in 1916 against 322 millions inl 1915 and 239 millions in 1914.
 Automobile exports to Argentina in ca endar year 1916 are about 5000 Tn n, nber, and valued at over l-z mi lion dollars against 1000 in the fomner high record, 1913, with value
 ofrabout Il million dollars.
 ' The United States imports of ca caE from. Ecuador and Brazil in lSlS aasreg gate about 75 million pounds agXinst 48 millions in 1914, and 4S millions in 1913. Our total imports . of cacao for 1916 amount to about 25p million pounds against 156 mil ,lions in 1913, the year preceding the w&r.
 Bolivian tin is now for first time finding a market in the United States < due to the establishment of tin ore smelting works in New Jersey py American Smelling and Refining Co. Total imports of tin ore from Bollvia unH1916 amount to nearly mlihon I dollars value against nothing Tn the lpreceding year. and practically all or this 1916 import occurred In the sec ond half of the year.
 Agentina's imports calendar year 1916 officially estimated at 2ll mli- lion dollars against 219 millions III t1915. The share drawn from United lStates is about 23 per cent against laverages of 15 per cent. in years lm- ! mediately preceding the war. Ex- Iports are 47O million dollars against j54O millions in 1915, the reduction, 2, being due to fall in surplus grain 1 available fd<H export; meat exported shows material increase over l9lb. Chilean exports for calendar year 1916 promise high record in value es-5 necially in nitrates and copper Fro duction of nitrates estimated at 63 million uuintals against 38 millions Tn 1914. Copper exports to the United States show large increase, our own l figures of copper imports from ChIie i fns eleven months of 1916 showing over z million pounds against l-1 millions in same months of lsl5.. iSThese figures include bothf cooper Tn ore and pigs, bars and ingots. I Exporfs from the United States 70 lArgentina fin 1916, IT million dollars against 52 millions in 1915., 27 millions in 1914 and 55 millions in. 1915; 70 Brazil AS Inillions in 1916 against S4 millions in 1915. g millions in 1914, ana I40 millions in 1913 Imports from potn iArgentina. and Brazil made mghest record in 1916, being from Argentine l116 million dollars against 95 millions in 1915, and 56 million in 1914, ana rom Brazil, 132 millions in 1916 against l2u millions in 1915, and 95 millions in 1914.
 Cattle industry of South America was the subject of much attention in 1916. especially in Brazil, Paraguay and certain of the Pacific Coast coun- tries. New refrigerating plants have
 
 been established in Brazil, Paraguay and cof1siderale sums invested in the enlargement of areas of production, while exports of meats from Argen- tina, Uruguay and Chile show ma terial increases in quantity and large advances in total values.
 Trade sof the United States with the Pacific frontage of South America shows large gains in 1916 due to facil- fties Aoffered by Panama Canu and shortages of ships for South American trade with Europe. Imports from ChfEa4 30faI sqS2 mill lion dollars against 37 millions in 1915, and "A millions in 191E, and exports to Chile. 33 millions against IS millions in 1915, and 14 mill lions in 1914. From Peru the imports are 28 millions dollars against 15 mill lions in 1915, and from Ecuador 8 mill lions against millions in the .preced- ing year.