The sun., 1919-03-31
LATIN AMERICAN
TRADE BRIEFS

Coffee Production in NioAragua-fse
sohes situation in Nicaragua. ss reported
more favorable to-day than a, any other
dime during the last nvs years. The
present market price OF approximately $40
the planters. and has served to r.hasili-
tate many estates. The former price OF
70 or ~ 9Sin,I vas ,c . about to bring
produced probably In that section at or
y cents pound.
viii amount to 400, 900 auint.is. or 10000
600 pounds. which will exceed that OF 1918
By 5000 auintals, or 100000 poundA The
market pries will Srins into Ii. republic
100000 more than IL usually realized
from the coffee crop.
Ysund. 81 eo.e. ".a:I R'F a, ,l s.
sss 'h. a. .ss G.; ns sans e: ;Ai Il. sH
ssmsS 10 Isl. the ausnti,y .ape eTS IT %s.
fs,.es.Ht pounds. valued at .2,?:4l5t. AL
Of The .:s .si' BY ereD s1 nSs ,S: auA
Present indications are that much of the
sohee exported this season will go to
Europe.
Concession for Projected Peruvian Rail-
wAy-By Government decree dated De-
s:se%.a p % Mrn Go. ,svd ia:
and survsys necessary for the construction
Of . railway from the town Of sayan. the
Essi9.y 81 Peru "a n.Mow G 9auS. Tsi,
way whhoh runs from Anoon on the coas;
20 eayan via Huacho, and operated by
abe Peruvian eorporation). to the cheeras
Preliminary plans ar. to b. presented
within year. On the basis OF thesa
wiz be made With the concessionairs for
the construction and exploitation of this
railway.
N.xt~., rrxnnvt Tutx ~, rothon Reduc~d
The Mextcan Official Bulletin OF Feb
riary II, 1919, oonts ins the text OF = Pres
% S:ss' cotton To e. sas0rs f Ns
gross weight tt5 cents a hundred pounds.
effective from February Is. The former
81 Janusry ., ISIS. vas IS peso a kiio.
or $50 hundred pounds.
,. q, thilippi, comrAereisl Attaehe at Rio
de Ianeiro, cables 20 the Bureau Of For
sisu and Domegtts Commerce that the
sre tscomius consested with merchandise.
much OF which has been rejected BY CON
siSnses here. some on good grounds, others
ties, but largely due to fear OF fallinS
prices and impoe.fbility Of paying imme-
, n .g: r and . sn:: OF g? a4ann4H
quirem snts Many cancellations and re.
$sctions could be avoided II extension OF
Representatives OF somS American Arms
cannot protect their principals interest
By disposng Of this rejected merchandise
advantageously because ihey do not have
sufficient authority. Failure 20 forwerd
Documents on the same steamship with
the nsrch andiss Is causing loss. delay and
diffscuity in disposins OF thsss shipments
BANKS should be encouraged TO extend
time on drafts already discounted by OK
porters who could then give aeconroda-
ZION TO importers here. who although In
Rood financial condition cannot accept or
nay at once for merchandise shipped or
Accumulated orders amounting 10 much
more than ordinary requirements
.. additional six months extension VIII en-
able i'm porters to take delivery. thus pre- :
venting loss from warehousing or sale at
suction by customs authorities. American
manufacturers. bankers and exporters are
urged to set together on rraeticaols
.flan TO facilitate customs dispatch and
d,lfvsry 81 this reJected merchandise into
Che hands Of the Brasilian trade before
further delay causes depreciation. with
eonAsqusnt greater loss In snoney and