San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-01-21
Of
/ MEXICO IS ON
| BETTER BASIS
Jack Of Credit Is One Draw
back to Better Trade
Relations.
In STATEMENT
Give information on How to
Prepare Invoices for +
a. Consuls.

| A bulletin on Mexican trade and con-
itions of finance in Mexico is being
rculated among the members OF the
hamber of Commerce here who deal
Their as exporters or importers with
he merchants of that country. The in
prmation in the bulletin is based upon
tudies made of that country by the
arious business houses and CONNER
ldicates that, while commerce is dull
account of the lack of credit and the
pnstant reduction of purchases and
ples. the country is now more quiet po-
tically then it has been since 1911 and
in a position to take rapid steps to-
ard reconstruction.
In a survey made by the Bureau Of
oreign and Domestic Commerce, the
ulletin states, many of the leading
american exporters state that they are
ping credit business with the old estab-
shed firms Of Mexico on the same basis
nat they did business with them before
he beginning of revolution; that is, on
go or 90-day open account. Other
{ the firms, however, the survey re-
ealed, are being more cautious in their
ealings with the merchants of Mexico,
| md are demanding cash at the border.
Whatever course the local concerns
hoose to pursue in their dealings in
nat country will depend on their own
Experiences.
Tell How TO Invoice.
| However, officials of the local cham
er in the bulletin call attention to their
embers the fact that, in view of the
| quidation Of the defunct banking in
| itutions, especially the Banque Fran
lse du Mexique which has been very
beral in finance. ., the business men of
pc country. he receivers will no doubt
axe demands upon the merchants who
I'VE this institution, which may be fol-
lived by many mercantile failures. The
Twice is therefore offered that for the
ext few months the merchants OF the
ty should be especially careful in their
edit dealings.
The bulletin also carries official in
ructions in regard to the commercial
lvoices which must be presented to
[exican consulatcs covering shipments
Mexico. and the fee that is attached
hereto. Some misunderstanding with
aspect to this fee has arisen among the
Ierchants of the city and the informa
on contained in the bulletin was OBJ
lined officially from the office of the
pnsul general here; The. instruction
lows:
What Mexico Needs.
l'Shippers are required to present to
I ie consul. commercial invoices covering
@ merchandise which has either origi-
hted at. or is billed by the actual ship
pr at the port where the certification
the consular invoice takes place. In
smuch as a copy must be retained and
ed by the consul who certifies the con-
lar invoice, two copies are necessary
order that one may be attached to
&e original consular invoice. When
e merchandise originates at place
her than at the port of departure. or
hen the actual shipper resides or pre-
.lres his commercial invoice at place
her than the port Of departure, said
voice should be presented in tripli-
te to the consul and the invoice thus
Irtified should accompany, in tripli-
te. the consular invoice to be certi-
3D."
Further, the bulletin states, that
hen the consular invoice is certified
the place of origin of the goods. the
Inducements for both the legalization
bal the fee are waived.
A list of goods that are being Of
red for sale and also some that the
erchants of Mexico are in the market
is included in the bulletin. Other
formation of a general interest in the
lletin is the statement that the Mexi-
In government has already. deposited
S. 900, 900 (pesos) of the s30,000,000
Iesos) which. according to Huerta-
bmont agreement effective on Jan
nv ., it is to apply on the current in
Fest payments on the loan made in
is country. The minimum payment
reed upon for the year was 100000
NJ (pesos) and it is said that the gov
|nment will probably be able to deposit
pre than that amount.