The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-09-15
ARGENTINA FEELS Y
ees= BIG LAND BOOM
Demand for Grazing Areas
Leads in General Upward
Tendency.
Special Corresgondsrce to the Latia

Special Correspondence to the Ldtia
AmCTtcuf section ~ THE SUN.
BUENos AYRBs, Aug. 14.---Although
after the war prosperity is beginning to
make itself felt throughout all COM
mercial lines in Argentina, following
the period of depression due to strikes
and labor troubles. it is in the land
field that the big boom is taking the
lead. This is particularly true of largo
tracts, which are suitable for grazing
purposes. The demand at present Is
for tracts which have been partly de-
veloped. or can be put into shape for
raising cattle without the expense Of
full development from the virgin state.
The view taken here is that the world
Is crying for food and that the vast
plains OF Argentina can raise thousands
and thousands of cattle cheaply and that
these will command high prices, for the
beef or mutton from Argentina will
compare favorably with that produced in
the United States, Australia and other
countries which are noted for cattla
raising and production. Tho increase
of shipping facilities, a natural develop
ment coming with peace, increases the
values OF these properties for they soon
will begin turning their products into
the markets of the world. During tho
war, due to the shortage. of tonnage,
tina, transport workers struck and the
dock workers also were out. This handi-
capped transportation to the markets
OF the world.
AS a result OF this condition or COM
pleXity Of adverse conditions, land
values took big slump, but now with
peace facilities being restored rapidly
and the nations of the world looking to
the replenishment of their larders prices
In aHNa ~.
ent stage It is only the developed tracts
which are rejecting the increase in
prices, but one seldom meets any one
| here who Is not confident that tho boom
| will extend to all properties shortly and
! then to the other commercial lines In
which Argentina is noted.
Boom I'm Ranch Properties.
In some sections of the country vast
ranches in full production OF cattle have
changed hands at prices higher than In
any other period In. the history Of Ar
1 6entina- In tho provinces of Buenos
| Ayres and south OF the provinces OF
Santa Fe and Cordoba the demand for
large tracts of cattle land is enormous
and the owners here are reaping the
first reward of prosperity after the dull
i years in which they despaired almost OF
even realizing on their Investments.
| Agricultural lands. on the other hand
have failed to note the present rising
trend ct prices for cattle lands. although
many large tracts which have been de-
voted 20 raising OF cereals have been
turned into alfalfa fields. The owners
Of these lands note the rising prices fol-
cattle and the resultant demand fol
more feed TO fatten the animals. con-
sequently the change TO alfalfa. At the
same time they believe that owing to the
world demand for cattle the prices paid
Twill not como down but win go higher
II the prices for cattle continue they ex-
pecl the prices paid 10 them for cattle
feeds naturally will increase and they
will reap larger profits.
! In the Province OF Entire Rios pricei
I, paid for cattle ranges have not inc. sasec
in proportion 10 the other provinces. bu
this Is accounted for by the fact tina
the Transportation facilities 70 this sec
ton are limited and that ills difficult ;.