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A WEEKLY JOURNAL OF TRADE, FINANCE, ECONOMICS AND SHIPPING. ESTABLISHED 1898 :._>yP-Mj.,"^ VOL. 20 RIO DE JANEIRO, THURSDAY, AUGUST 8, 1929 _*y *» -- •- . ^^W.* i_i_kwM - 7
ROYAL
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SAILINGS (1929) TO EUROPE
MOTOR SHIPS «A" STEAMERS «D" STEAMERS
ALCÂNTARA 29 Aug. ALMANZORA lô Aug. DARRO 27 Aug. ANDES 15 Sept. DESEADO 10 ASTURIAS 2ôSept. Sept ALMANZORA 13 Oct. ALCÂNTARA 24 Oct. DESNA 24 Sept. ARLANZA 10 Nov. ASTURIAS 21 Nov. ALMANZORA 5 Dec. DEMERARA ô Oct. ALCÂNTARA 19 Dec. ARLANZA 5 Jan. 1930 DARRO 5 Nov.
MAKE YOUR RESERVATIONS NOW THE ROYAL MAIL. STEAM PACKET COMPANY RIO DE JANEIRO: AVENIDA RIO BRANCO, 51 55-TF.L. 8000 N ' *-*v;^:i^-«-r-.'"*.'..-*¦: v ..-.-¦..•*•-.:••'¦-•"':*. -.<¦.- ^VV^vf!.*:?*-**. ;***; 7 * , . ¦
II WILEMANS BRAZILIAN REVIEW August 8, .1929.
^^ a -•""- -"*"¦ MHII™*-Bini-__„I_^^ | The Western Telegraph Company, Ltd. 1 Established in Brazil 1874 p DIRECT • ROUTE UNDER ONE MANAGEMENT¦• I ct,Cable Stations.,, in V'V„South America æ *¦*-¦''.. ¦ WESTERN TELECRAPH COMPANY EASTERN TELEGRAPH COMPANY Pará(Belém),Boulevard da Republica, 48/49 LONDON: Central Cable Maranhão (S. Luis). Av. D. Pedro Statlon, Tower II, 24 ______^^é^""^^______.* ______^l___. Chambers, Ceará (Fortaleza) R. Floriano Peixoto, 22 ^^B1 *m "__"__! _-fc_!V. Moorgate, E. G. 2 Pernambuco /aWjt (Recife) P. Gal. Arthur Oscar Liverpool: K 13. Exchange Maceió (Jaráguá), Rua Sá e Albuquerque Bnildings Nos. 516-520 Manchester: 55 Spring Gardens Bahia (S. Salvador) Rua Portugal Mf «.**»* *0*_S_ASnmMÊÊJ\»ttt.*x x^A Glasgow: 40 Royal Exchange Square Victoria : Avenida Capichaba, '^Á\r\S'tms\\. 92 w/L kmmSm^mwmim^S Ncwcastle-on-Tyne: Maritime Rio de Janeiro: Av. Rio Branco. 117 Buildings. Santos : Largo Senador Vergueiro ãàMA. _____á____*_l______***i__2r *^"l'*""«5"_t*V% King Street S. Paulo: Rua 15 de Novembro, f ¦ æ ^H mwY/álr ^r 31 \m Birmingham : Guildhal Buldings Santa Catharina (Florianópolis), Rua M ^M mm\. ______i______^_B^" ^5______V/jAZ ü^^ \1 João __.¦ ______¦___.^1 ^a. mmi___ ____W__U__Imw ______"*** \\m'e/r°.'.* ____* ¦ _. Bradford.* 4, Pinto, .6 Mb ______/^B ^¦S^^BJ^P^ffTCTy#->* **t*w*" Im Commercial Street Rio G, do Sul: Rua Andrade -^"""M * Neves 94 IM __._i __«i_fc JÜr", ll Leeds King Street Chambers ÜRUGUAY: ^**"_,.-_T____\w^_í/Jl___r_.__^-'* 52. Wel- lm W ^^•SKl/l I í._*^' II lington Street Montevidéo, Calle Cerrito, 449 I1 ______r______¦ ^>ranu HUtMH.tr
TT*\rnor_^"^T a,so between
8 Agents for NORTH and SOUTH AMERICA: PARA* PERNAMBUCO I Frederick von Sohsten BAHIA MANÁOS NATAL Julius MARANHÃO von Sohsten Booth RIO DE JANEIRO I { & Co. CABEDELLO S. A. Wharton Pedroza CEARA* ( L'do.-i SANTOS ) I.td. MACEIÓ' R. b. Patèrson Wilson Sons PARNAHYBA VICTORIA Arbúckle RIO GRANDE DO SUL & Co., Ltd. *. 8 IQUITOS C- Co. ,^.,1A.PELOTAS 8 H. Chap.in PORTO ALEGRE , PARANA0UAPARANAQüA'. ' Empre»U '^'^NOPOL.SGuilhenne dc Melhoramento. Urbanos de Paranaguá.' SAO FRANCISCO R* ON. Adaison. DO SUL 8 BARBADOS: Laurie & Co., Ltd BOOTH AMERICAN SHIPPING CORPORATION _¦' 2 •/. 17. i^viiiiKYBATTERV FLACE-NEWPLACE - NEW YORK 8 August 8, 1929. WILEMANS BRAZILIAN REVIEW II I W-'.Y. THE COMMERCIAL TELEGRAM BUREAUX Supply Official Reports anel Quotations of ali the leading American, European, Brazüian and Indian Markets to the Cotton, Coffee, Grain' Produce, Provision, Petroleum and Sugar Trades of Europe and America; also /_"./¦ •-"-"••-ou /M \ retransmit Private Despatches by Cable to multiple lit>iJ «-'y-Rpobt \ A ll I -*AR,S MAvne. \*P A addresses in II IU/ AMSr.RUAM ICll Europe and North and South America. I _£Í *•-_ VOHK J_JJ I mocEMMEiBo \\_í\ s" FOR TERMS, &c, APPLY TO CHIEF OFFICE: COMTELBURO, Limited, 11, Tokenhouse lard, London, "COMTELBURO". E. C. 2 (open (]av and ni.hè Registered Telegraphic Address r Telephs. r London Wall 5060-1 -2-3 (41,nes) LONDON: 3ÕMincingLàne,E C. 3. Telephones BAHIA: Largo das Princezas, 22. Caixa ?03 LIVERPOOL: 7, Rumford Str. 1983Cent.(two) RIO DE JANEIRO: R. Quitanda, 152-2? .," 266 NEW YORK: 34 Stone Street, Whitehaíl 6557 SANTOS: R. Cidade de Toledo, 4 243 AMESTERDAM: De Clercqstraat, 20 3268 Z S. PAULO: R. 15 de Novembro, 17-A 1281^ HAVRE: Rue Victor Hugo, 136 534 MONTEVIDEO: Calle Sarandi, 469. Tel. 1093 ANTWERP: 41, Rempart Ste. Cathérine. 11852 B. AIRES: Bolsa de Commercio, 239. Telenh PERNAMBUCO: Rua R. Jesus, 35. Caixa 146 U. T. 31-2420. ' 1 liiBIIIÍII líiíi-üiüimliirtiilwiilHili;! IlilWlllliaillllHlinililIBIIBIIIIIBillliailHIIIlUlijIlHilBIl IBII IIÜBiiüll mmwn SUBSCRIPTION FORM WILEMANTS BRAZILIAN REVIEW CAIXA DO CORREIO (P. O. box) Ô09 i RIO DE JANEIRO Please enter^ subscription to Wileman's Brazüian Review for one year begin- ning ____ for which ~- enclose.:--:.._..-_...... _...¦..__¦_-_¦¦_•.______ _,_,__. Name Address TERMS OF SUB.SCRIPTÍON (Post Free) In Brasil -,._._.. Us. 300SOOO Payable in advance Elsewliere _..*..... £õ_©_0 .5» •». ."» Single copies (to subscri- " bers only) „.,«.,, Rs. 2$000 .,, IV WILEMANS BRAZILIÁN REVIEW August 8, 1929. IIHII !I1íWIIíKíIK^!II___1i«IIIÍ-ÍII!-Bí!!B:í:íBI:i IIHIIIiniHinilIfinHHHilüHIIÜHIIIII iiHiiüHiiiniiiiniiiK LAMPORT & HOLT LINE NEW YORK, BRAZIL, AND RIVER PLATE calling at TRINIDAD AND BARBADOS The famous „Y" steamers specially constructed for Tropical Voyages. Large Cabins, spacious decks, unexcelled cuisine, períect service. EXPECTED SALLING FROM NEW YORK: FOR NEW YORK j VANDYCK 19th Aug. VAUBAN 18th Aug. j VOLTAIRE 16th Sept. VANDYCK 15th VAUBAN 30thSept. Sept. I VOLTAIRE 13th Oct I VANDYCK 28th Oct. VAUBAN 27th VOLTAIRE 25th Nov. Oct. |! VANDYCK 24th Nov. 1 "VOLTAIRE" "VANDYCK" Norfchbound and call at Pernambuco. | Lamport dt Holt, Ltd. § R«> »E INGIRO Sâo Paulo tlZS F^STEVENSONfC& ^h""' ^ : F. S. HAMPSHIRE _ Co. Ltd. I Bah.a: F. STEVENSON & Co., Ltd. Avenida Rio Branco, 21 -23 Buenos Aires: Pernambuco: WILLIAMS LAMPORT & HOLT Ltd. ¦ _ Co. TEL. N. 6671 Montevidéo: M. REAL AZUA. | AGENTS FOR CANADIAN PACIFIC RAILWAY COMPANY, WHITE STAR AND ASSOCIATED LINES ¦ D 1'í11" ¦¦¦¦I*"" ¦«¦ ¦««¦¦¦¦¦¦¦¦¦¦¦¦¦¦a __ ______ BBHimíBH m______\ T HE NORWEGIAN SOÜTH AMERICA LINE I REGULAR SERVICE BETWEEN | Norway,irway Denmark, Finland, Baltic Ports, Brazil, River Plate & vice-versa. \ _-___» _» _-__7"_7-. _» nv a mn. _^ V FOR RIVER PLATE FOR DElVMARK,NORWAY, FINLAND & BALTIC PORTS-.1 CRUX — 24-25th August BAYARD — end September \Ã^\ PARA — 15th Aug. BRA-KAR — 29th Aug. LISTA — first half September For further particulars apply to the Agent * FREDRIK ENGELHART-RIJA DE s- PEDRO -*>• «-rio de janeiro PRAÇA DA REPUBLICA 51-SANTOS JOHNSON LINE ™ , R FLEET: 15 MOTOR SHIPS, TOTAL TONNAGF insfinn tom-í Regular Service between: - . Finland, Sweden-Brazil. Finland, Swedentll_r and Peru, \_T fÍTh ^"^^m ^^C^ Sweden, Norway-North Pacific and vL.i-versa * OUTWARD SAILINGS FROM SWEDEN: SAILINGS FOR "• LIMA — SWEDEN & FINLAND: due Rio 22nd August From Rio: - PACIFIC due to sail Goth. lOth Aug. SANTOS — 28th Aug. SAN PEDRO CHRISTOPHERSEN _ FRANCISCO due to sail Goth. 29th Aug. 16th September For further SUÉCIA - 28th September particulars apply to the Agents: Williams & m P„ ^^ _ ¦ v Uo-. Pernambuco, GueudevIIIp n mgs cr Co., Bahia; Johnsorj luiz campos ;:::?h: Brotwers> rí° ^^ ___.:le CO' - 84' *«A VISCONDE -_!! ^!^lP1LHOS ,NHAUMA. 84-R.O DE JANEIRO. Prinled by typ. Soe. Com. Hungaro-Brasileira Ltd. - Ru7cT^Tc^_^ Rio _.• '¦'•: \.'i-i^.- Wilpatfs 1 wz íli an Jlwm A WEEKLY JOURNAL OF TRADE, FINANCE. ECONOMICS AND SHIPPING VOL. 20 THURSDAY, AUGUST 8, 1929 N. 32 THE RIO BE IANE1R0 FLOOR MILLS & GRANAMS, LIMITED. Offices: Head Offices: da Quitanda, 106/110 48, Moorgate, Rio do Janeiro . London, E.C- _2 Branches:.5 Buenos Aires Rosário São Paulo Bello Horizonte 443, Calle Sarmiento 660, Calle Sarmiento Rua Bôa Vista. Rua Curityba, 434 FLOUR _V_II___LS = Rua Gamboa No. f THE MILLS MARKS ARE: BUDA NACIONAL NACIONAL". SEMOLINA", BRASILEIRA", 'GUARANY Awards: Gold Me dal: — Paris 1889. First Prize: - Brazil 1908. First Prize Brazil St. Loiiis 1904 ' ª » Turin 1911 » — ª 1910 Hors Concours—International Centenary Exbiliitlon of Brazil 1922. COTTON MII-L.S: Rua Gamboa No. 2 tirand Prize - International Centenary Exhibition of Brasil 1922 Solo Agents for: Biscoitos AYMOHÉ Umitada. Massas Alimentícias AYMORÉ Umitada. ••BUT" QUAL1TY EQUAL TO ENOLISH BISCUIT . AT HALF THE COST HORS CONCOURS: PRIZE • GRAND Exposição Industrial e Agricola do Estado de Minas Geraes International Centenary Exhibition oí Bra/il 1922 de Fora, 1927. HORS CONCOURS Juiz Exposição Industrial e Agrícola do Estado de Minas Geraes Juiz de Fora, 1927. HORS CONCOURS E MEMBRO DO JURY: HORS CONCOURS E MtMBRO DO JURV Exposição de Agricultura, Industria e Commercio. Exposição de Agricultura, Industria e Commercio. Bello Horizonte, 1927 Bello Horizonte, 1927 sJ íliese íacíories are equippeâ with tfae mosi modera and hygienic machinery, every care beioí taken in the manuíacture of their Product. Telegrams: "EPIDERMIS" - Telephones: NORTE 1450/1 - Post Office Box No. 4ft6 AGENCIES IN EVERY STATE IN BRAZIL - * -ii ~n_ * * I — - — -¦— ¦ - .._____- _,--.(—._-¦__¦- - _ _ _ _ - _ p- —i — — |-i ² ,— ,— -_r—_-n_.il i__ ii- _¦ _ n_ _ __n ri ¦¦ "I ¦¦ i L Z ri r i_j~w_~i_r i__r__»~i_ i"-»-*^^*"* *'*m-*^-*^ ______ts**^.*^.- ______ Missions to Seamen Rio de laneiro Branch 8 § british subscript_on library 39 - 2nd Floor Hon. CHAPLAIN-Ven. Archdeacon RUA SACHET No. Morrey Jones. (Just behind the Jornal do Commercio Building) Seamen's Institute Rua Saccadura Cabral, 61 APPLY TO THE LIBRARIAN FOR Rio de Janeiro MEMBERSH1P, 100$000 yearly or Temporary Member- Subscriptions and donations are badly needed to de'ray the cost of upkeep of the institute- Another ship at special rate during your short stay in Rio. five contos of réis per annum would place us upon a sound financial basis. M\NY OLD & VALUABLE BOOKS If you are not already a subscriber, why not become oné? 6,474 seamen visited the institute last LARGE SUPPLY OF MODERN BOOKS OF FICTION, year and 526 meai Tickets were issued to thè distitute. DAILIES AND ILLUSTRATED WERKLIES, THF MISSIONS TO SEAMEN IS SADLY IN NEED OF BRITISH «fe AMERICAN MAGAZINES IN CIRCULATION NEWPAPERS AND MAGAZINES. H______QQ_SOOG09 .&yysccec " r ....•• ¦ '. 844 WILEMANS BRAZILIAN REVIEW August 8, 1929. lHHüeman'0 Bra3üían .Review. Established 1898. EDITOR—H. F. WILEMAN. j OFFICES: RUA SÃO PEDRO, 61, Io ANDAR, Rio Cape Line, Ltd. SALA 3. Direct Cargo Service from Rio de • DE Janeiro RIO JANEIRO and Santos to South and East African Ports. Telephone: Norte 1966—Caixa do Correio (P. O. Box) 809. Tel. Address: "REVIEW," Riojaneiro. THE JAPANESE STEAMER «WAKASAMARU» H. F. WILEMAN. Redactor Responsável: Contract) Redacção e Administração, Rua S. Pedro, 61, l°and. (Under leaves 26th August, 1929, for Ali Communications to be addressed to thé Editor. Subscriptions (Payable in Advance):— Cap Town, Mossel Bay, Port Elizabeth. Brazil, 1001000 per annum. Abroad, £5 per annum. East London, Durban and Delagòa Bay. Separate copies 2$000. Back Numbers 2$500 per copy. ADVERTISING RATES ON APPLICATION. For further particulars, apply to : AGENTS: CUMMING YOUNG NICTHEROY:— Luiz Waddington, 138 Rua da Conceição. Agent for the Rio Cape Line, Ltd. SÃO PAULO:— 32, Kua Conselheiro Saraiva, 32 "Anglo-Brazilian C. T. Nash, c/o Chronicle," Telephone — Norte 2864 Caixa Postal 2124. PARÁ:— RIO DE JANEIRO A. Lobo 8: Cia., Rua Santo Antônio, 62. MARANHÃO:— A. Lobo 8c Cia., Rua Nina Rodrigues, 45 LONDON:— MAIL, FIXTURES G. Street 8c Co., Ltd., 6 Gracechurch Street, NEW YORK:— "The Tea and Coffee Trade Journal," 79 Wall During of the Month pf August. Street. COPEHAGEN:— TO EUROPE. "The Scandinavian Shipping Gazette," 38 Ve- stre Boulevard. 9- BELLE ISLE, Chargeurs Reunis 10-CAP NORTE, Hamburg Suedamerikanis>che Notice:—The Editor is not responsible for Cor- 13-ALMEDA STAR, respondence or Articles signed with the writer's Blue Star Line name or initials, or with a or that are .18 -ÀLMANZORÀ, Royal Mail "Communicated." pseudonym, mared The Editor must like- 19-MASSILIA, Chargeurs Reunis wise not necessarily be held in agreement with the 20-ORANIA, Royal Holland Lloyd views therein contained or with the mode of ex- pression. 25—OI UL IO CESARE, Navigazione Generale Italiana In accordance with the Brazilian Press Law, TO THE no correspondence or contribution will be published UNITED STATES this in Review unless authenticated by the date, 14—PAN AMERICA, Munson Line name, and address of the contributor, though not 21- NORTHERN PRINCE, necessarily for publication. Furness. Prince Line» v •*"•_-_ ¦— * . Announcements of births, deaths and marriages TO THE RIVER PLATE. concerning subscribers and friends are inserted in this "Review" ffee of charge. 12-BAYERN, Hamburg Amerika 13-GIULIO CESARE, Navigazione Generale (¦IIIHIIMIIIIH ~ 13-H. ROVER, Nelson Line | CHARGE-RS REUNIS ET SDD-ATLANTIQi 13-HIGHLAND, Royal Mail _ PASSENGER. SERVICE 16- ALCÂNTARA, Royal Mail æ Next Sailings 17- ANDALUÇIA, Blue Star Line The Luxurious Liner 20--VANDYCK, Lamport & Holt 1 For River Plate For I Europe VYour 7 August MASSILIA 19 August aim in placing announcements in a paper is because "Ciiisine''-M_.ximum primaraly you know tltat what you offer meets The Best Comfort the eye of persons most likely to be interested. Onoe rea*- "Wileman^ the enquiry into good business. Brazilian Re- ¦ 11 ders are & 13 Avenida Rio Branco. interested it rests with" the advertiser to püsh Telephone: Norte 6.207 view" numbers amongst its readers every coffee, banking, Rto de Janeiro — export and import house of any standing in three con- m tinents. It is rare for an advertisèment to be withdrawn. The inference is obvious. :^.,.:-í ímTmm August 8, 1929. WILEMANS BRAZILIAN REVIEW 845 )(^m*5roR_S)— CABLES «ELITB* t0 \^òociço»**-. Awowy>*iA \a__\x___^^ CORRESPONDENCE CAIXA 1391 LONDON 186 Bishopsgate St, BRANCH8 AT: PARIS _t_b___P_b5I—1yj_BeSbI eI *"» t^____F______B__j_i_l^__H_ffB^Kl_fc RIO DE JANEIRO 5 Av: de 1'Opera R. Senador Vergueiro 147 NEW YORK Broadway 760 ______I_I______P^R____>______K______h** -*-*-*______r,^____i_-______»i__l--N_E 4____LtM____r*4_h___M-ItRi ^^^^^í!^^*^^^?___hÍ_ík___Sr?¥ T_H__^l^_j_t_Í_____»?____l _3_l*^ _t_r -r MAPPIN STORES - SÃO PAULO - DEPARTMENT S ROBES, TAILLEURS, KNIT GOODS DRESS MATERIALS HABERDASHERY MENS OUTFriTING COATS & WRAPS, GIRLS F.SHIONS TRIMMINGS, LACES BAGS & VANITIES TAILORING DRESS MAKING, UNDER YVÉÁR RIBBONS, FLOWERS FANCY GOODS BOYS OUTFITTING FURS BABY-LINEN GLOVES, HOSIERY MÜSÍC TRAVELLING REQUISITES MILIJNERY CORSETS NEEDLEWORK HAIRDRESSING BOOTS & SHOES FURNITURE & FURNISHING, CARPETS, HOUSEHOLD UNENS, DOMESTIC DEPARTMENT. HairdreBsirg Beauty Salon — ^Exprinte!*" Dept. and inforrr.aticm Buteau TE A ROOMS & RESTAURANT, WITH LOUNGE ADJOINING CHAMBERS ENCYCLOPEDIA N O T I Ç E S For sale complete, 10 volumes. Offers to L., 26 Rua Cândido Mendes. AIVDREW MILLER Broker NOT ES REAL ESTATE, HOUSES AND LAND BOUGHT OR THE TRADE OF THE PORT OF SANTOS. SOLD; MORTGAGES AND LOANS ARRANGED, GO- (For the State of São Paulo) VERNEMENT STOCK AND COMPANIES; SHARES JANUARY TO APRIL, 1928 AND 1929. BOUGHT AND SOLD; OFFICES AND RESIDENCES The returns of the foreign trade of the Port of San- ARRANGED. RUA SAO PEDRO 61, FIRST FLOOR. tos issued by the Department of Agricülture of the State TELEPHONE, NORTE 0162-POSTAL ADDRESS, CAI- of São Paulo, for the four months ending April, continue — XÁ POSTAL 213; CABLE ADDRESS: RELLIM RIO. to show an ali round improvement, as follows:— TOTAL VALUE OF IMOPRTS AND EXPORTS — JA- NUARY TO APRIL. ERRATA Value in contos of reis 1928 1929 Inc. or Dec. ON PAGE 790 OF OUR ISSUE OF JULY 25tlí, 1929, Value "/o BOTTOM OF FIRST COLÚMN, TITLE READING " THE "The Imports 447,594 488,900 -f-41,306 BANK OF BRAZIL" (From Economist") SHOULD +9.2 "The Exports 697,928 742,813 -4-44,885 -[-6.4 READ, (From Statist"). Balance in favour exports 250,334 253,913 3,579 +1.4 Value in £ 1,000 sterling STOCK EXCHANGE YEAR BOOK. 1928 1929 Inc. or Dec. For sale, several volumes of old editions of the «Stock Value o/o Exchange Year Book», London, which contains a careful Imports 10,986 11,991 , 1,005 +9** digest of information relating to the origin, history and Exports 17,130 18,222 -j-1,092 -f-6.4 present position of eache of the Public Securities and Joint Balance in favour Stock Companies known to the markets of the United King- exports 6,144 6,231 87 +1.4 dom. Likewise a few volumes of «Who's Who» (back edi- Tlie ratio of increase in currency and sterling are tions). identical; the balance in favour of exports, for the first Offers to «Year Book», c/o of this «Review», Caixa four mónth_ of the current year, consequently; is virtually do Correio, 809, or Rua São Pedro 61, l.oandar, sala 3. unchanged,. as compared -with the same period last year. 846 WILEMANS BRAZILIAN REVIEW August 8, 1929. READ THE BRAZAM EVERY SATURDAY THE BUSINESS BUILDER OE BRAZIL A WEEKLY ENCYCLOPEDIA 50S000 per year in Brazil ||| 70S000 per year Elsewhere BRAZILIAN AMERICAN Rua Cândido Mendes, 42 Phone Beira Mar 2057 (Antiga Dona Luiza) —- Gloria I! i^aixaCaixa PostalFOSlal 029629 { ÍÜ 1)1 HE CALORIC COMPANY FÜELOIL B *- R'°f,,ANEIR° DIESEL OII. FOR INDUSTRIES. Avenida Rodrigues Alves, 487 RAILWAYS. FQR mj^Ál COMBUSTION STEAMERS Teléphone Norie 4497 ENGINES Telegraphic Address "Petroloric" P. O. Box 1965. Fuel Oii Staiions at: - PARÁ, PERNAMBUCO, BAHIA and SANTOS BARGES STEAMERS BVNKERFD DRUMS TANK CARS THROUGH PIPE LINE ALONG THE QUAYS. TANK TRUCKS Complete esiimates furnished for oii Burning. Installaiions, Land and Marine. THE CITY OF SANTOS IMPROVEMENTS COMP., LTD. ESTADO DE S. PAULO - CAIXA 4 - SANTOS Gas Department.— Special coke and tar produced by lhe conlinuous carbonization process: Also sofi pitch lor waterproofmg purposes, crude benzol and oils for lhe manufature of desinfectants. water Department.-Disiribuiion on the consiani supply sysiem. Special cheap rates for industrial supplies. W"Í water of «iiectricitywi~«? i -*Up8Í guaranleed purity, at ihe raie of 150 ions per hour if required. Department. Insiallahons of any magnitude for Lighi and Power. Cheap for long-hour consumers. Moior repairs. power Tramways Department. Seveniy kilomeires of rapid special electric service. Season iickeis with non-slop service. terms for large parhes, parcel delivery; service io ali points. Electric iransport of goods and Duiunng maienal at^ cheap rates. Goods from interior should be despatched "Companhia City, Motor Omnibus Services; Town, Avenues and Beach. Tel. Addres: - "CIDADE" — Santos. August 8, 1929. WILEMANS BRAZILIAN REVIEW 1929: January—April, as against 3,068,938 bags guring the same months last Imports Exports Balance year. in fav. ór The origin of imports into Santos during the first agst. expts. four months are as follows:— £ 7,000 £1,000 £1,000 ORIGIN OF IMPORTS-JANUARY TO APRIL: Port of Santos 10,986 17,130 -j- 6,144 In contos of Reis Rest of Brazil 18,602 14,491 —4,111 1928. 1929. Total 29,588 31,621 -f-2,033 United States 129,826 174,857 * United Kingdom The port of Santos accounted for 54.1 per cent. of 82,318 92,299 Argentina total exports fromi ali Brazil and for 45.9 per cent. of 62,283 48,670 aggregate imports. São Paulo, consequently, continues to be Germany 51,187 53,008 virtually solely responsible for thè net favourable balance France 24,168 26,024 Italy1 of trade, the overseas trade of the port of Santos showing 31,688 26,325 a balance òf £6,144,000 in favour of exports, but the rest Belgium' 15,943 14,337 of Brazil £4,111,000 against same. Portugal 6,290 6,262 The balance in favour of exports for thè whole of Other countries 43,891 47,118 Brazil for the five months ending May last was reduced Total 447,594 488,900 to only £808,000, owing to the very large imports of cot- The destination of exports from the port of Santos* ton goods owing to the pending increase in customs tariff during the first four months of the current year and 1928 on textiles, imports of this article through the port of are as follows:— Santos during May being reported as abnormal. DESTINATION OF EXPORTS ; —- TO The JANUARY principal items of imports into the port of San- APRIL:— tos during the first four months, January to April, are as In contos of Reis follows:— 1928. 1929. IMPORTS OF PRINCIPAL PRODUCTS — JANUARY TO United States 452,309 436,855 APRIL:- France 51,725 91,852 In contos of Reis Germany 56,513 53,839 1928 1929 Holland 45,519 48,983 Cotton goods 29,736 54,584 Sweden 27,146 22,505 Steel & Iron manufactures 38,799 41,277 Belgium 14,085 24,292 Industriai machinery 8,986 8,355 Italy 17,942 22,130 Agricultural machinery 1,013 1,598 Denmark 9,909 10,332 Miscellaneous machinery Argentina 9,228 11,371 and tools 50,792 51,071 United Kingdom 6,349 10,923 Chemicals, drugs, etc. 9,541 8,757 Spain 2,831 2,731 Skins & hides-prepared and Norway 1,318 816 manufactured 7,051 3,284 Other countries 3,053 6,184 Jute & hemp-yarn 1,893 838 Total 697,928 742,813 Ditto, raw 6,472 6,435 Coai 11,267 10,076 THE BALANCE OF TRADE OF SANTOS. Kerosene 2,805 3,652 The balance in favour (-J-) or against (—) exports Codfish 6,027 4,787 from Santos per principal countries, is as follows:— Flour 20,513 10,105 BALANCE OF TRADE-JANUARY TO A7RIL:— Wheat 39,385 34,508 In contos of Reis Wines 9,689 8,130 1928. 1929. Foodstuffs 21,592 17,766 United States -[-322,483 261,998 Sundry 182.033 213,677 France -f 27,557 + 65,828. Germany -{- i Total 447,594 488,900 5,326 831 Belgium — 1,858 + 9,955 The principal products of exports from' the port of Italy — 13,746 4,195 Santos during the first two months are as follows ir— Argentine — 53,055 37,299 PRINCIPAL EXPORTS — JANUARY TO ÁPRIL:— United Kingdom — 75,969 81,376 In contos of Reis Other countries -f- 39,596 -f- 38,171 1928 1929 Total in favour of exports -f-230,334 -j-253,913 Coffee 673,149 707,871 Chilled and foreign meat 11,320 19,218 The feature of the above is the marked turn in Bananas 4,395 5,446 the trade with Belgium1 in favour of Santos. The trade Hides 4,178 3,410 with1 France, Holland, Italy, Denmark and Argentina show Oil fruit 88 1,437 likewise improvement, but that with the United States, the Cotton seed residues 604 (*) 1,003 United Kingdom, Germany, and other countries show set- Cotton-raw ² 5,446 back. In the aggregate, however, the balance in favour of Sundry 4,194 4,407 exports shows an improvement, during the first four months of the current as compared with the same Total 697,928 742,813 year, period last of Rs. 23,579 or 10.2 cent. (*) Revised and corrected. year, per There was a marked increase in value of exports of coffee, oil fruit, cotton seed residues, frozen and chilled meat, and bananas, but shrinkage in hides and raw cotton. 1NCOME TAX MUDDLE: Exports of coffee in quantity, during the first four The report made by a Federal Deputy on the revenue months of the current year, amounted to 3,146,760 bags, for 1930 ènds with some comments on the income tax, w 848 WILEMANS BRAZILIAN REVIEW August 8, 1929. iniiiiminii llliB I ITHE FINANCIAL NEWS Scott & Urner Ltd. ESTABLISHED 1884 Engineering Contractors A Buüders DAILY TWO PENCE THE FINANCIAL NEWS is the oldest and most influential Daily Financial newspaper in the world; It is acknowledged to be the most Design & Execution of Reinforced Con- Potent Authority on Finance and an Adver- crete Buildings, Bridges, Piers, Wharves, tising Médium of unique value. Water Tanks. Silos, etc. SPECIAL FEATURES ; International Finance; Banking. Insurance Projects & Execution of Foundations & Mining; Rubber; Oil; Engineering; Shipping; Piledriving Work. Land and Estates; Miscellaneous Industries; Projects & Construction ot Cold With COMPLETE MARKET REPORTS. Storages & Packing Plants. I Design & Erection of Steel Frame Subscription Rates (Post Free) 12 months £3-18-0 Buildings & Bridges. 1 9 ª 1-19-0 Hydraulic Engineering Work. 3 ª 19-6 General Building Works of all Classes. m Read THE FINAMCIAL NEWS Head Offices: Av. Rio Branco, 109-5.°-RIO DE JANEIRO 149Í8 And 20-Bishopsgate, -London, E.C. 2. R. Barão de Itapetininga 37-A-SÃO PAULO 5@ Telephones Telegrams & Cables: 1 AVENUE 7543 six lines FINE WS, STOCK, LONDON ¦IIUilHIlIU __. THE ; Hamburg-SuedQmerikcinische Anglo-Brazilian Chronicle Dampfschifführls Gesellschaft (Hamburg South American Steamship Company) (Generally known as the A. B. C.) i Regular service with the well known, luxurious, express steamers "Cap Arcona", "Cap Polo- English Weekly on sale regularly every Sa- "Cap kirday is the Ideal Newspaper for the Home. nio," Antônio Delfino" and Norte" between It is in the morning in Rio, São Paulo and San- Hamburg, Boulogne s. mer, Vigo, Lisbon, tos, and has subscribers in every of the part Rio de Janeiro, Santos, Montevidéo, country, as well as throughout the world, Buenos *. Aires and vice-versa. serving thereby as s.re link between the "Cap scattered British Colonies ín Brazil. Itprovides The s.s. Arcona" is the fastest ship to North-Europe, its readers with all the news of local and performing the voyage from Rio to Lisbon in 9 days, to Boulogne s.m. in foreign interest, and in the two and a half 11 days and to Flamburg in 12 days. of its existence has secured for itself the years Next sailings for Europe. reputation "delivering the of always goods". Cap Norte ...... August 10 ÍT PAYS TO ADVERTISE IN THE A.B.C. La Coruna » 27 One year's Subscription: Abroad 40$000 M. Sarmiento Sept. . 3 Brazil 25S00O Regular services with modern and íull powered cargo steamers between Hamburg. Antwerp, Portugal, Brazil São Paulo: and River Plate Ports. R. Quintino Bocayuva, 4, 2nd, Floor, Room 10 For further particulars apply to the agents: Caixa Postal 2124. Tel. Central 4751 Theodor Wille *%. Oo. Rio Representative: RIO DE JANEIRO D. S. Fox. Rua 1.° de Março 33, lst floor SANTOS. VICTORIA. SÃO PAULO. 79, AVENIDA RIO BRANCO, 79 . ¦; .:¦¦..:; •¦.-'. :-; • I ¦ ,,,,..:i:, ¦¦¦;:...;¦.... ¦' ¦ ' ¦ . August 8, 1929. WILEMANS BRAZILIAN REVIEW 849 which is described as having proved a complete failure. CONDITIONS IN SAO PAULO. The report finds this failure to be due to the inadequacy The issue "Monthly of the organisation of certain fiscal departments and the July of the Journal" of the Bri- tish Chamber inadequacy of the methods adopted for the collection of of Commerce of São Paulo says the foi- the tax. lowing:— "That the The report gives no hint. as to whether, in view of local market is suffering acute depression and is once again this failure, the Government will lose ali interest in this in a state of crisis can no longer be denied, the which is tax for the time being and perhaps finally drop it, or question as.ked being whether this cri- sls can be compared whether energetic measures will be taken to en force the with that of the early part of 1926 or that of 1922. tax and to find efSicient means of collecting it. Both alter- Another question which is raised is the reason for the natives present great difficulties. Considerable doubt still present state of affairs. But there is no cause, exists as to who is liable to the tax, and of those who primary several factors being responsible. The fact that there was are liable to it a large proportion have made no declara- a record import movement at the of tions at ali, or have made ridiculous declarations. There port Santos during May would seem to belie the existence of are men Who keep sevsral cars and live in style, who have a crisis. Yet it is probably true that the heavy imports, invented losses and capital expenditure to show that they particularly of cotton goods and yarns be fore the raisingof have had no income at ali, and have never income the customs duties in April, are ans- paid werable in.large tax and have never received the attention of the fiscal part for what is now occurring. That is to say, they authorities. A more serious attempt to enforce the tax signified extensive buying in excess of local requirements; would, therefore, ""¦¦¦ ¦ ¦ ¦¦>: •¦ : 7\7;S7-77- 850 WILEMANS BRAZILIAN REVIEW August 8, 1929. a *- BLUE 5TAR L.NE LONOCN- bOULüGMC - L IS 60 N-MADEIRA- RIO* 5 AN TOS - MONTE VID_'0 • 6-Jí-NOS AIR _, S r i lr r r r r r rr MÀKE YOUR^¦^¦vi^ui^n BUSINESS W,1T^WT^. TRIP A FIRST CLASS ¥ ,_- __ NO EMIGRANTS passengers HOLIDAY-TRAVEL IN LUXURY-IT CARRIED ÜO ______' ONLY COSTS LESS THAN YOU THINK TO EUROPE TO RIVER PLATE Àlmeda Star .... 13 Aug. Àndalucia Star. 17 Aug. Àndalucia Star. . . 3 Sep. Avelona Star . . 31 Aug. .... 14 Sep. Avelona Star .... 17 Sep. Ávila Star ? ^^^^^^^^^^^^^^^^^m*mmlÊk______. Ávila Star 1 Oct. Àlmeda Star . . 20 Sep. Almeda Star. . . 15 Oct. Àndalucia Star. 19 Oct. Wilson Sons & Co. Ltd. — Avenida Rio Branco, 37 Rio de Janeiro Rua da 12 São Paulo BLUE STAR LINE ! Quitanda, ( Rua 15 de Novembro, 206 Santos Although figures are not yet available, total amoünts Russian 1,016:127*1380 involved in bankruptcies and concordatas during May were Japanese 988:000.000 probably the largest recorded during any one month since North-American 745:000$000 the earlv part of 1926. Polish 520:0008000 Of the thirty bankruptci-es decreed during that month.. Austrian 459:5001000 eight were those of dry goods stores, six were cotton, ho- Svviss 430:000^000 siery and knitted goods factories, the remainder being spread Hungarian 325:000$000 "The over a number of different trades. Monthly Journal Roumanian 270:000$000 of the British Chamber of Commerce of Sao Paulo." Uruguayan 160:000^000 Greek 135:000.1000 CAPITAL OF COMMERCIAL FIRMS IN SAO PAULO: Lethonians 133:000í|000 Czecho-Slavakian 129:000$000 Statistics now published for 1928 giving Egyptian - 126:000$000 the capital of firms and individuais Fegistered at the Junta "make- Argentine 98:000$000 Commercial emphasise the present tendency in the up" of those carrying on business in this district. In the Yugo-Slasian 70:0001000 Dutch 59:000$000 first place it is interesting to note that of the total capital "Monthly of the British Chamber of Com- of 314,115 contos contos registered last year, 106,555 con- Journal" tos belonged to foreign firms and individuais, of which mercê in São Paulo." Italian capital represented one-third. British capital was an insignificant portion of the total, while both British and THE POOR RELATIONS. American capital "The was equivalent to only one per cent. of From Economist" of June 29, 1929. the national and foreign capital registered. The capital of Poor Relations traditionally display three characteristics limited liability companies was 183,895 contos and of in- in their attitude towards their rich kinsmen. They are re- dividual firms, 34,042 contos. A full list is given below:- spectful—even humble; they are expectant if not importu- Brazilian 207,560:026S677 nate; but neither their humility nor expectancy prevents them Italian 34,468:286__ 400 from being very acutely criticai. Ali these three shades Portuguese 28,936:4438000 of feeling are, we believe, mingled in varying degrees in Syrian 17,468:2861.400 the attitude of the statesmen and the peoples of the various German 12,856:500$000 countries of Europe towards that great nation across the Spanish 5,178:090-783 Atlantic to whon. most of them are individually in debt French 2,752:2361000 and ali collectively are looking expectantly, but not always BritisH 2,246:527S000 confidently, for signs that the Rich Uncle will fully re- August 8, 1929. WILEMAN*S BRAZILIAN REVIEW 851 inniini__iii^ te ver European problem you may turn, this new factor is Rua T. Ottoni, 52 H present. Is it a question of population or unemployment, tf IME ék CIA. there is America's immigration (êsq. da R. Quitanda) policy; or of inter-Allied Debts Caixa Postal 593 and Reparations, there stands America as the ultimate and "FERRO" End. Telg. almost all-consuming creditor; or of monetary stability, in- , Telephone Norte 6«-75 ternational investments and gold questions, every European Import. de ferro, aço, ferragens, cimento, tintas, óleos. eye has to be anxiously watching the signs in the sky __j.fi Depositários dos da Companhia Brasi- Wall Street or Washington; or, most important productos — of ali, of leira de Uzinas Metallurgicás com grande lami- thé struggle to acquire the surplus of commodity exports barras, veigas e cantóneiras fun- by nação de ferro em which foreign debts can be dição de ferro e bronze, fabricação de parafusos, paid, there is the high Pro- tectionist rebites, pregos para trilhos, lerros de en.ommar, 1 tariff of America still growing higher. To a Europe ¦ balanças, louça de ferro fundido, estanhado e de striving to export and thereby gain the means for foreign de canos de chumbo, etc. ferro batido estanhado, payments, it will pass as a grim jest to-day that the ía- FABRICAS: test revision of the American tariff is not ali upward; there — «Nova Industria-*» Pontas de Paris, taxas para is one reduetion on-garlic! Can we wonder, then, that, as sapateiro, em ferro e latão, louça de ferro batido our Paris correspondent pointed out last week, European e esmaltado, etc. "defence «Empreza Progresso» — Fogões, caixas dágua, fer- Chambers of Commerce are talking of and secret raduras, portas de aço, gradis, etc. § weapons" against American Protectiõn; that schemes for 1 Phosphoros marca «Sol».—Metal Deployé.—Coalho a great development of British inter-Imperial trade have re- «Jacaré». — Cimento «Saccadura», white Brothers. 1 | ceived a fillip from the ¦ Dynamite e Gelignite da «Nobels Explosives Co., encouragement of Canadian states- Limitada. — Dposítarios do ferro guZa das 1 men; and that protests against the now tariff have been Uzinas Morro Grande received by the State | Department at Washington from the ESPERANÇA, BURNIER, RIO ACIMA Governments of twenty nations. ¦ Poor relations are sometimes able to appreciate hard üü'IHIIl'1svm!n_r.:__ facts better than rich uncles; and the central facts which they see to-day in the world economic and financial situa- cognise in policy and in action the implications and obliga- tion are, first, that American policy can play the principal tions of his powerful and favoured position. role in making or marring the immediate future in Europe, The most Christian of these feelings—humility or re- and, second, that whether that future be one of stable pro- spectfulness—is, we believe, more prevalent than Americans gress or of chèquered struggle is in these days of growing might be led to think by a casual review of superficial world interdependence a question of vital interest to Ame- indications. It is not merely a humility of overawed regàrd rica herself as well as to Europe. Do the American people, for great wealth, power and resources. In the nomes as they ask again, realise the implications and obligations, well as in the Chancellories of Europe there is a keen re- whether selfish or unselfish, of their overwhelmingly re- membrânce of the ideàlism of President Wilson (not wholly sponsible position? To that question we receive sometimes obliterated even yet by its tragic sequei), of the great war an answer produetive of hope. One example is to be found "Note relief Work of the American peòple under the lead of thtí in the comments (referred to in a of the Week") present President, of thè courage and vision which led to of the Baltimore Sun on a recent article in the Economist, the Washington naval àgreement and to the Kellogg pact. and another in the latest issue of the Information Service Even more lively and general is the recognition of the high of the Foreign Policy Association of America, which, after thinking and courage of those many leaders of opinion who reviewing the economic position of America, says:— have often and succèssfuily influenoed the policy of America In view of this situation, many crities of Ameri- in the direction of large ano! liberal aims, and it is well can tariff policy, both at home and abroad, declare that to emphasise that of ali this and much more Europe is the United States tariff stands in the. way of a normal not unmindful. Yet it would be folly to pretend that other and equitable exchange of goods and services. According aspects of the relations between the old world and the new to their arguments, unless we are prepared to receive —aspects provocative of the less amiable sentiments of the from abroad goods and services in exchange for those poor rei ative—are more immfediately and constantly in the we export, our exports are being sent out on credit. European mind. Most significant and even startling a proof The indebtedness so created can ultimately be paid off of this fact was giveh this week by no less a person than only in goods and services. It would seem absurd, there- Dr. Streseniann who, in a speech in the Reichstag on the fore, to set up artificial barriers against the receipt of Reparations àgreement, said («Frankfurter Zeitung report»): those goods and services by which alone we may receive "We are not a colony of the French and English. It the benefit of our" foreign loans. This argument derives seems to me doubtfül whether the whole of Europe is not point from the fact that the United States must receive, in danger of becoming a colony of those who have been besides payment for her current exports, a large annual more fortunate than we have." (Cheers.) No longer is the payment on account of war debts and previously acqui- old enmity with France the chief of the Ger- red indebtedness. preoccupation "Im- private man Foreign Minister, no longer is Britain or British Whatever may be the merits of these arguments, A-Á-- perialism" the burden of his popular song; the thought of they undoubtedly influenoe foreign attitudes towardsAme*- Germany isolated Was passed aWay. The picture has changed, rican tariff policy. Considerable resenttnent is. expressed and it is now one of Europe as a whòle in fee to the against the country which insists upon the payment of power of the United States. war debts and, at the same time, adopts a policy making There can be not doubt that Dr. Stresemann, greatly that payment more difficult. daring, indiscreet perhaps, has spoken the half-formed thought Then, again, the current issue of «The Annals of the of millions of Europeans and of a dozen Governments. And American Academy of Political and Social Science» contains, that, we think, is a thing that America ought to know and amid a wealth of Protectionist essays, an article in which understand. To any thinking man in Europe the revolution Professor George B. Roorbach', of Harvard, frankly faces in the relationship between the old world and the new, the facts. Reviewing recent economic events, he says:— brought about, equally perhaps, by Nature and by War, is There has thus been placed upon Europe the ad- the great outstanding fact and factor of our times. To wha- ded burden during reconstruetion of making adjustments ¦ ¦ ¦ ¦ *. -' 852 WILEMAN S BRAZILIAN REVIEW August 8, 1929. f O S A IC A S H O S E IM KAISHA » ; REGULAR SAILINGS OF FAST VESSELS ACCEPTING $ * V O ¦-;.¦:.*COFFEE 8 AND OTHER CARGO FROM SANTOS, RIO DE JANEIRO AND VICTORIA FOR SHIPMENT TO —-—————. Galveston, Hous- ton, Los Angel s» S. Francisco ¦ and ali Asiatic Ports For rates of freight apply to: Antunes dos Santos & Cia. g Hard Rand & Cia. g Wilson Sons & Cia. j£ São Paulo e Santos 2 Victoria O Rio de Janeiro and shifts in ,her trade, some of which at least are econo- last month ali sufferèd a substantial decline in value as mically less advantageous than would have been the compareci with June, 1928. case if only economic forces were operating under less Inc. or Dec. compared restricted trade conditions. In addition,' the tariff must 1929. , with June, 1928. J bear its share in the responsibility for the added com- £(000).. £(000). o/oi plications and misunderstandings and bitternesses that have Month of June. developed in, European relations with the United Sta- Imports 91,498 7,904 — tes ... . And ill-will is not an asset in commercial 8:0 ex- British exports 49,893 —16:1 pansion, either national or international. 9,579 Re-exports 9,616 1,855 —16:1 Such signs of clear recogriition of the facts of world Total exports 59,509 1M34 —16:1 economics and of America's interdependence with older na- Excess of imports over tions are welcomc, but we could wish that they were more total exports 31,989 3,530 common. It is to be hoped that Americans who have achie- + 4-12:4 ved a broad world perspective will work unceasingly to In the case of imports, last month's decline was due give to the economic policy of their country the breadth mainly to a decrease of £6.2 million in food, drink and of vision tobacco. which has characterised the Kellogg pact and the The fali in exports occurred wholly in the manu- new factured attempt at a solution of the disarmament probiem. The articles class. With regard to imports, it may be recalled situation is an anxious one. Our apprehensions are most that in the first five months of this year .the ag- inclined to be assuaged when we remember that Mr. Hoover gregate exceeded that for the corresponding period of 1928 is at the White House; for Mr. Hoover knows Europe and by £7.5 million, so that last month's contraction may be has a brcad first-hand grasp of the relentless laws of woMd regarded as reflecting a delayed seasonal decline. The fal- economics. ling off in manufactured exports is somewhat disquieting. So runs the case against America. But America, we The next table summarises. tl>e half-yéar.s results:—• do not forget, has something to say at the bar of world Inc. or Dec. compared opinion. Her case is that, in the last analysis, there is no 1929. with 1928. reason wlíy Europe as an integral Jan.-June, "poor (regarded whole) should be a relation", for she is a continent of £(000). £(000). 0/0 greater Six months ended 30. aggregate resources and productivity than the United Sta- June Imports 604,778 — ² 0:1 tes; that her poverty is due to her own faults, to her 532 British exports ' -j-3,510 ~\- nationalistic subdivisions and economic rivalries, to her slow- 358,742 1:0 Re-exports 60,562 -6,924 ² 10:3 ness in learning and applying the secrets of modern in- Total exports 419,304 -3,414 dustrial success, and to the inability of units to substitute ² 0:7 Excess of (imports over co-operation for division. There is very great force in thesè total exports 185,474 -|-2,882 •-)- contentions. For many of her present troubles Europe has 1:6 herself to blame. Great and urgent are the tasks of self- Imports for the six months show little change in com- help that await her. with She must frankly face the fact of parison 1928; exports are up by 1 per cent., but, as the shifted world balance of economic power, and she must the result of a decline of 10.3 per cent. in re-exports, the face it with courage and determination and without cringing. adverse visible balance of trade is nearly £3 million Yet to greater our more favoured kinsmen across the sea we would than a year ago. Changes, as compared with 1928, in the say that, at the final reckoning, there will be applied to different categories of imports and exports are shown be- nations as to men the test that from him who hath much, low:—- much shallbe expected. First Six Im-- Ex- Re-ex- Months ports HALF-YEAR S OVERSEAS TRADE OF THE UNI- ports ports TED KINGDOM. £mn. £ mn. mh. Food, drink, and tobacco 1928 261-6 24-7 13-7 The preliminary figures òf overseas trade in June. 1929 257-9 25-6 .129 published in this weeks «Board of Trade Journal», shov\' Raw materiais and articles 1928 181-0 35-6 41-2 that imports, exports, and re-exports of imported goods mainly unmanufactured 1929 179-3 39-4 340 .'¦'V. ¦':¦' " ¦¦:-'' ^:-':'''-:, ¦. ¦¦ J .'¦'¦': '¦ '¦¦ZJZ-J-"'jt.,:J : \ ¦ "8i -•¦ . August 1929. W1LEMANS BRAZILIAN REVIEW 853 ,*. sooe^oe9eoeooooooooeoooo9ooòeB FURNESS PRINCE LINE i NEW YORK-SOUTH AMERICA LUXURIOUS ACCOMMODATION - FIRST CLASS PASSENGERS ONLY NEW YORK RIO 12 DAYS NORTHERN PRINCE WILL SAIL ON 21ST AUGUST FOR 5AHIA, TRINIDAD AND NEW YORK EASTERN PRINCE LEAVES NEW YORK 17TH AUGUST FOR RIO, SANTOS, MONTEVIDÉO E ÕUENO AIRES PRINCE LINE CARGO SERVICE S. S. CORSICAN PRINCE LOADS FOR TRINIDAD, NEW-YORK & BOSTON 30TH AUGUST i S. S. MANCHURIAN PRINCE LOADING NEW-YORK FOR RIO & SANTOS HOULDER BROTHERS & C. L. Rua do — Commercio, 35 SANTOS Avenida Rio Branco, 63-67 - Rio de Janeiro Agents in S. Panlo: Theodor Wille *%. Co. - Rua Libero Badaró, 52 Telegraphic Adress: "PRINCE LINE" ¦eooopooooooooooooooooooosa Articles wholly or mainly 1928 158-8 286*6 12 5 The abnormally high rate of interest in manufactured 1929 / prevailing 162*8 284*1 13*5 this country is fhought likely to restrict the European de- Increased British1 exports of raw materiais reflect bet- mand for United States' credit with which to finance new "Continent ter eonditions in the coai industry, whereas raw material crop purchases, in wliich event exports to the re-exports show a large decline. Other changes in values during the early months of the coming season may com- are "Thè of relatively minor importance. Economist". pare unfavorably with those of the corresponding period of last year; in this connection, attention is being directed to the favorable crop outlook and to the fact that the mon- COTTON MARKETS OF THE soon is reported to be making normal . progress in índia. UNITED STATES. There are other bearish influences to which allusion might be made but, A. Norden & Co's Circular of July 18th, 1929. in our opinion, thè action of the market du- ring the The advanee which followed the publication of the past two days clearly demonstrates that these influences Governmenfs acreage report on July 8th encountered a were fully discounted on the decline which car- ried October contracts considerable volume of liquidation and short selling, prices below the 18-cent levei, and which resulted in the development subsequently breaking into new low ground for the year. of a decidedly healthy technical The factors principally responsible for the decline were the position. generally cliaracter of new crop advices, leading to ex- Shorts are apparently impressed by the sensational pectations of high end-July condition figures, and wides- action of Wheat, the great potential importance of the Fe- deral Farm íBoard as a sustaining faetor in regard to pread pessimism concerning the outlook for the world's cot- price ' ton textile industry. ali important farm products, the continuance of showery con- According to the Association of Cotton Textile Mer- ditions favorable to weevil propagatiòn east of the Missis- sippi, and high chants of New York, produetion of standard cotton cloths the temperatures recorded in the Texas Pan- handle where for the month of June amounted to 285,928,000 yards as rains are now needed. The dilatoriness shown by the trade in making compared with sales of 228,244,000 yards, the ratio of provision for their forward require- ments may create a sales to to produetion being only 79.8 per cent. In an very strong situation in the event of effort to improve thè situation, the majority of domestic more unfavorable crop developments. mills are curtailing their output but, in consequence of a Despite the sharp upturn which has oceurred, we think that the seasonal decrease in the demand for goods, very little head- market will be more responsive to bullish than way has, as yet, been made. In Lancashire, unless the Bri- to bearish influences and, in our opinion, purchases are ad- tish Government sueceeds in bringing about an agreement visable on fair recessions. between mill owners and operativ.es on the question of wages, a general strike is expectéd to take place at the end REPORTS AND MEETINGS OF COMPANIES of the month. Reports from Continental Europe indicate MAPPIN STORES that thè produetion of cotton goods continues to outrun the (BRAZIL). demand, and only in Japan do cotton mills appear to be The sixteenth annual general meeting of Mappin Sto- in a healthy condition. res (Brazil), Ltd., was hèld on ?th July, 1929, at Wig- ¦'-..¦,."... .-.• 854 WILEMANS BRAZILIAN REVIEW August 8, 1929. TJ direction. We ali wish him suecess in his declared poliey to establish the value of the milreis on a permanent econo- mie basis, backed by a sufficient reserve of gold. Should no crisis or unforeseen calamity—for it would be a calamity—oceur to prevent the final achievement of H His Excellencys poliey, then, gentlemen, you, who through Ma.ppin Stores, have an interest in the prosperity of Bra- zil, can look forward to the future of enterprise with ti your reasonable cõnfidence, while we who direct your business will be relieved from what in the past years has been a souroe SHIP AND SAIL of very great anxiety. You have in Mappin Stores the leading departmental store in the United States of Brazil, a country nearly the MUNSON size of Europe, and possessing infinite natural resources awaiting development. STEAMSHIP LINE. The dividend we are recommending of 9 cent. Twelve Days to • per New York compares with 7 1/2 per cent. we paid last year, anel, Fortnightly Saillings by coupled with the allocations to reserve and the liberal de- S.S. PAN AMERICA preciation we have provided for, is evidence of our desine to up very substantial reserves and the com- S.S. AMERICAN LEGION m build place S.S. WESTERN WORLD pany in a very sound position, while not neglectirig the S.S. SOUTHERN CROSS natural desires of the shareholders to participate in the prof its that have been earned. AH speed records for merchant ships between If the increase in trade we have had for the first Rio de Janeiro and New York are held by four months of the year continues, we shall hope to pre- íhese 21.000 displacement ton vessels. Com- ¦ sent to you an even more satisfactory balance-sheet in 1930. bining express speed with great steadiness. 1 Mr. Henry Portlock (managing director), in seconding they oífer the discriminating traveler the i the resolution, referred to the effective financial arrange- comíort and lüxury oi the best hotéis. ments of the Brazilian authorities in connection with cof- § ! fee, and to the satisfactory of the company's busi- For rates and further information address position H ness, and expressed the hope that next report would I THE FEDERAL EXPRESS COMPANY. year's, i. be equally, or more, satisfactory. I Rio — Santos - São Pau3o. possibly g The report was adopted. !!:i__:!!!l-_!i!:i_il!!:!__i!l:lgíí!!!_l!!i;ia:!!!|__l!ll!l_|!! ROYAL BANK OF CANADA. more Hall, Wigmore-street, W. Sir Frederick Richmond, A dividend of 3 cent., being rate of 12 cent. Bt., the chairman, and said: Our balance-sheet ex- per per presided, annum, upon capital stock, has been declared hibits in sound financial and during the first four per paid-up position, for three months ending Aug. 31, 1929, and will be months of the current our business has continued to payable, year at bank and its branches on and after Sept. 2 to sharehol- expand. During the year just ended our sales increased in ders of record July 31. currency by 7.7 per cent., compared with the previous year, and when we take into consideration the fact that our branch at Santos was closed down in May, 1928, and our figures therefore only include three months' trading from this source, MONEY. you will appreciate that our business in São Paulo and Rio has made very considerable progress. (Hear, near.) Official Exchange Quotations, Câmara Syndical and Vales. Dealing with the other items of our balance-sheet, our 90 days Sight Sovereigns Dollars Vales share capital remains unaltered, namely, 221,500 "A" "B" and July 31 . 5.121/128 5.113/128 - 85439 4$567 shares, ranking equally in every respect. I have been "B" Aug. 1 . 5.121/128 5.113/128 41$600 8§435 4$567 rather surprised that our o.iares are dealt in appreciably Aug. 2 . 5.121/128 5.113/128 41$600 8$439 4S567 lower "A" than our shares. There is no reason, save pos- Aug. 3 . 5 123/128 5.113/128 41$600 8$427 4$567 sibly a sentimental one, for this difference, as in every Aug. 5 . 5.121/128 5.113/128 — 8$396 4*507 contingency the shares rank equally. Aug. 6 . 5 121/128 5.113/128 4UC00 8$443 4S567 Some of our shareholders. have inquired at times as Average 5.121/128 5.113/128 41$600 8$430 4fc567 to the rights of the two classes, and I therefore take this "B" Equivalent 5.945.312 5.877.812 — — opportunity of pointing out, once more, that the shares can occasionally be acquired to give a higher yield with the same security as the "A" shares. THE DAILY We propose to add £5,000 to the general reserve, MOVEMENT OF EXCHANGE bringing this up to £15,000, and to maintain the ex- Thursday, Aug. lst, 1929. The Bank of Brazil posted change reserve account at £5,000. I am sure that you will 5 123/128d, and foreign banks quoted 5 15/16d, with money wisli our managing director, Mr. Henry Portlock, who will at 5 31/32d, the market ruling quiet. be visiting our stores in Brazil in the autumn, to convey The New York-London rate carne at $4.85 1/4 and 'management to our and staff there our great appreciation Paris-London at fcs. .123.80 to the £. of their efforts, which have enabled-us to arrive at this Friday, Aug. 2nd, 1929. Local rates unchanged. The very satisfactory result. (Hear, hear.) New York—London rate carne at $4.85 1 /4 and Paris—Lon- The measures initiated by the President of Brazil, don at fcs. 123.80 to the £. His Excellency Dr. Washington Luiz, in the autumn of Saturday, Au g.3rd, 1929. Local rates unchanged. v. 1926, have continued throughout the year now under re- The New York-London rate carne at $4.851/4 and view, and I am glad to say still continue under his able Paris-London at fcs. 123.85 to the £. '-¦:¦. ' ¦. æ ' ¦ ¦;¦& ' ,: ¦. ,;¦/ August 8, 1929 WILEMANS BRAZILIAN REVIEW ¦; 855 ,. _"iJ;>:':M Monday, Aug. ||fe^9^;Un^aryffe^:; at, the ..opening, THE RIO MONEY MARKET closing, steadier, witll the Bàhk òf Brazil at 5247|/;25dd and Exchange foreign >¦ banks à* 5 121 -money rates at /lQ8d, with at 5 317 32d. sight, Rio ori: - 3 Aug. 29 27July'29 3 Aug.'28 The New York— London, Paris^-Loridon; Holiday. ; London . 5875.-5n7md: ¦5'/. Tuesday, pence. 556/ 64 d 57s-5" Aug. 6fh, 1929. The Bank of Brazil posted ,4d. * clXl.S «. • • • * . • • $331 - 5 247/256d árid foreign -banks at 5Í21/128d, with $333 $331 r $334 $328- $333 quoted Italy . .... V . $445 money at 5 31/32d, the market rtiling steady. $442- $445 $442 $439- $443 Belgium . 1$175 -1$179 -1$176 The New York rate cante at $4.85 1/4: àhd Paris^Lon- (gold) 1$172 1$169-1$178 Portugal . . . $390 don át fcs. 123.86 to" the £. " • A -¦ ;; J_ .'.*. $380- $390 $380 $380 - $390 'Wednesday, New York. . ..,'.' . 8$4_0 -8$450 -8$46Ò Au£ 7t'h, 1929. The Bank Brazil 8$420 8$360-8$380 |òf po- Canadá . . . . . 8$440 -8$450 -8$460 sted 5 61/64d ànd foreign banks 5 15/16d," with money 8$440 8$170 -8$190 B. Aires gold . . 8$393 -8$405 8$393 -8$405 -8$180 at 5 31/32d. The market was quiet. 8$170 B. Aires (paper). 3$560 -3$568 3$560 -3$568 -3$590 The New York London came at §4.85 1/4 and Pa- 3$550 Sweden ..... 2$270-2$278 -2$273 ris London â fcs. 123.95 to the £. 2$265 2$245 -2$255 Norway -2$263 # 2$258 2$258 -2$263 2$255 -2$260 Japan...... 3$940 -3$960 3$920 -3$940 3$860 -3$905 THE EXCHANGE MARKET Spain .V. . . . . 1$240 -1$247 1$235 -1$239 1$385 -1$395 Roumania .... Rio de Janeiro, 7th Aug., 1929. $095- $095 $059 $055- $058 Hamburg 90 days closing drawing rates:- (Reich mark 2$012-2$019 2$012 -2$020 2$000 -2$010 BkBrzil Other Bks Rio-N.Y. N.Y.-Lond Montevidéo . . . 8$450-8$460 8$400 -8$440 8$570 -8$585 Pence Pence Dol. Doi. to £. Holland 3$390 -3$465 3$390 -3$403 3$373 -3$396 Aug. 7, .1929 5 61/64 5 15/16 8$335 4.85 1/4 Value of £ sterling July, 3l[ 1929 5 123/128 5121/128 8Ü5310 4.85 3/8 at sight rate. . 408209-40$214 40$209-40$214 The exchacnge market ruled again somewhat undecided Value of 1 sove during the week ending this afternoon, closing, steady, reign, buyers . 41 $500 41 $500 The market continues under the influence of the po- Discount London 5. 7/16% 5. 7/16% 4l/4°/o liticai situation which promises disturbance. Do New York . . 5.1/4% 5.1/4%. 4 5/8°/0 Do Bank of Eng ...... GOLD AT THE CAIXA DE ESTABILISAÇAO land 5.1/2°/0 5 1/2% 4 l/20/c # Do Bk. Germany (Stabilisation Bureau) (gold) 7 1/2°/0 7 1/2% 7 Deposits on Saturday, 3rd August, 1929 % Do . Bk. France . 3 1 2°/0 3 1/2/. 3 l/2°/0 Discrimination of gold: Value õf gold in res- Euivalent in — Specie : peçtive correncies milreis paper THE STOCK MARKET. ^'Sterling £7,748,425 315.207:025$850 "28 Dollars, U. 6 $ 48,893,792 408.703:211 $600 THE STOCK MARKET 3 Aug.'29 27july*29 3 Aug. Francs, French Fcs. 9,025,860 14.557:810$030 Mares, German Rm. 2,050,110 4.082:261$070 Rio Pesetas Pts. 726,010 1.17O:981$530 Brazilian Milreis . Rs. 13:710$ 62:6.(4$500 Uniformisadas (5°/0),. . . 775$000 744$000 767$000 Other specie 327:553$700 Railway Bonds 991 $000 990$000 989$000 • Total 744.111:458$280 «Municipal 1906, buyers 164$000 166$000 161 $000 Bullion (Bars) Fine gold 19,810.552grs573 H0.058:625$020 Ditto, 1920, buyers. . . . 155$000 156$000 Total deposits...; 854Tl70:083$300 < AVERAGE SIGHT RATES OF EXCHANGE AT RIO DE JANEIRO., U.S.A. France. Italy. Hambg. — Argentina — Uruguay. Spain. Belgium. Denmark. ' kroner. 1926 Dollar. Franc. Lire Mark. paper-peso—gold peso. pesèta. franc. 12 months 7*001 3229 -$274 1$319 2*853 6$473 75114 1$365 $229 1$793 $238 2$290 January, 1927 8*567 $339 $372 2$037 3$560 8*081 8$718 TS.38'2 February, 1927 8*45*9 $332 $366 2$009 35.545 8$043 8$601 1$425 $233 2$260 March, 1927 8*444 $330 $382 2$006 3$591 8$153 8$585 1$476 $235 2$253 April, 1927 8$493 $333 $425 2$018 3$616 8$208 8$724 1$505 $236 2$271 Máy, 1927 8$479 $332 $459 2$011 3$609 8$208 8$593 1$496 $236 2$269 June, 1927 8$494 $332 . $477 2$014 3$625 8$225 8$571 1$468 $236 2S276 July, 1927 . 8$497 $333 $463 2$020 3$628 8$232 8$469 1$455 $236 2$279 August, 1927 8*478 $332 $462 2$018 3$627 8$254 8$526 1$436 $235 2$275 September, 1927 8$441 $330 $459 2$013 3$624 8$237 8$519 1$451 $235 2$267 October, 1927 8$388 $329 $459 2$004 3*603 8*179 8$584 1$453 $234 ' 2$256 November, 1927 8$402 $330 $458 2$007 3*605 8*187 8$726 1$431 $234 2$262 December, 1927 8*360 $329 $451 2$000 3$593 8$164 8$700 1$400 $234 2$252 12 months, 1927 <457 $332 «437 2$013 3*610 8*182 8$608 1$448 $235 2$268 1928. January 8$342 $328 $442 1$992 ' 3$580 8$134 8$621 1$435 $233 2$243 February 8$342 $328 $442 1$990 3*577 8$150 8$610 1$423 $232 2$239 March 8*330 $328 $440 1$992 3*575 8$150 8$660 1$409 $232 2$238 April .... ¦ . 8*330 $328 $440 1$992 3*573 8*150 8$644 1*405 $233 2$239 May 8*335 $328 $439 1$995 3*576 8$156 8$626 1$402 $232 2$242 June 8*366 $329 $440 2$001 3*582 8*163 8$580 1*396 $233 2$251 July . . 8*346 *328 $440 1$995 3*575 8$097 8$621 1$408 $233 2$243 August 8*374 $328 $440 2$002 3*560 8*107 8$626 1*401 $233 2$246 September 8$372 $328 $440 2$001 3*565 8*109 8$629 1*402 $233 2$245 October 8*372 $328 $439 1$999 3*548 8$070 8$581 1$369 $233 2S243 November 8*383 «328 $440 2$001 3*553 8$076 S$614 1$362 $233 2$243 December 8*413 $330 $441 2$010 ? 3*565 8$107 8$664 . 1$375 $234 2$255 12 months, 1928 8*363 $328 $440 1$998 3*567 8*093 8$620 1$397 $233 2$244 1929. January . » » 8*391 *329 $440 2$001 3*555 8*085 8$669 1*376 $235 2$250 February 8*403 $328 $440 1$999 3*560 8*092 8$667 1*333 $234 2$252 March .. . 8*459 *331 $444 2$011 3*578 8$137 8$651 1$306 $235 2$266 April »1 $330 $443 2$008 3*570 8*124 8$497 1$277 $235 2$262 May 8*439 $330 $442 2$007 3*566 8*102 8$370 1$225 $235 2S257 June . . . 8*430 $330 $441 2$014 3*557 8$043 8$257 1*211 $234 2$ 25 4 Av. 6 months, 1929 8*431 $330 $442 2$007 3*564 8*098 8$517 1$288 «234 2$257 CUSTOíViS REVENUE, RIO DE JANEIRO DISTRICT. Ditto, 1928 42,302 150,907 54,437 247,646 Ditto, 1927 38,462 139,326 44,573 222,361 ^"J % ** r» ^Çèn-m|i_.d.í'í,wftfos.."J-U^ 1928 customs.; _reveuue* Slhows 7 Aéeriçias, àpd Branches... . • « * ).. * "/'£.> .. • * . ** 112_309:4*48$810 ''l23f> 'decrea-é of149 corttfys lor jter cent., in collections in ç Co_:r-Spondents%Àbiroacj X* \ M\ * . .%,  {2,289:'722$940 in Bra Ü. . i . . * . v . . .7 1.065:7ào$860 of 551 contos or 2.5 cent, in õn gold. Correspondents gold, per premium Securities o*^ned by Bank 2.447:1268500 contos or 15.9 cent. in collections ih of .1.206 per paper- Bank Buildings .. . . , . 7. . 19.184:069$580 in total terms ...... , , ând finally of 5*06 còhtós7òrr 1.4 per cént., Sundry accounts ...... >. 63.738.77Ò$Ò80 or paper, i.e., collections in gold, • plus premium on gold, Cash in band, daposited in the Banco od li plus paper. 7 7; Brazil and other Banls 4.1Í6:815$530 Rs. 1.445.176:364$ÕTÕ LIABILITIES. BA N18 B AL ANCES Capital . . . 100.000:0001000 Reserve Fun- 54.000:000$000 BANK, OF LONDON AND SOUTH AMERICA, LIMITED. Ditto to be realised with new issue 54:729$630 Deposits in current account Balance Sheet of the Rio de Janeiro Branch. with interest ...... 171.389:020$560 7; Authorised Capital , £4,000,000 Deposits in current account Realised Capital ...... £3,540,000 without inte 1 est ..... 19.417:960$400 ... Subscribed Capital . ... , . , £3,540,000 Fixed Deposits . 52.284:1953670 ,243.091:1.6$6S0 Reserve Fund ...... * £3,000,000 Securities in Guaraníee and deposit. . : . . 328.647:ill$250 1929. Diectors Guarantee - 150;000$000 July, 269.557:508$660 Assets. Bills for collection • Agencias and Branches. 139.174:804$340 . 33.657:156$070 Bills discounted ...... . Correspondents in Brazil and abrcad .... 491:011$850 ...... 56.317:722$110 Bills receivable: Domestic Bills payable * 712;798$670 Ditto, foreign . . . : ...... 44.029:578$520 Profit _nd Loss Account 1.083:7728820 Loans in current account . . ... * . » 43.673:001 $900 Sundry accounts » • 8.213:4508630 Collateral deposited as security . . . . 95.567:070$530 Rs. 1.145.176:3648010 Securities deposited 438.204:299$640 S. Paulo, 3 Aug., 1929. — J. M. Whitaker, Director Branches and agencies in Brazil ..... 2:244$500 Superintendeu.. L. de Assumpção, Manager; Cassio S. Wer- Ditto. abroad ...... 37.353:719$230 neck, Accountant. Head Office .,'... » ..... * * 4.389:870$150 : . . • 3.705 628$150 Securities owned by bank . . . THE ROYAL BANK OF CANADA. Cash:—In currency ... 9.548:703$570 (INC. 1869) Át other banks . . . . 6.149:964$220 Balance Sheet of São Paulo Branch In old money .... . 6.1ü2:020$970 Authorished Capital ... $ 4<> ,000,000 21.829:880$060 In other specie . . : 29;191$300 Reserve Fund ...... $ 34,069,980 12.203:051$150 Sundry accounts ...... ~790.933:222$010 Realised Capital' . . . . $ 36,431,066 July 3lst, 1929. Liabilities. , Assets. Capital ...... * . .... 20.583:333$330 Bills Discounted . . . ,,. . _\ . • 23.87C:792$062 Deposits in current account with interest . . 35.198:012$900 Bills Receivable:— Ditto, without interest ...... 17.148:186$000 Foreign ...... » 1Í.500:330$140 Ditto, at fixed dates ...... 32.431:497$650 Domestic 38.113 954$825 49.614:284$964 Ditto, against collections in Brazil .... 56.317:722$110 Loans in current a/c...... *. 51.241:616$587 Ditto, against collections abroad ..... 44.029:578$520 Securities Deposited . 63.97o*339$o00 Securities deposited and in guarantee . . . 533.771:370$170 Collateral deposited as Head Office 36.613:912$830 security ...... 61.490:785$530 li5.461:124$530 Branches and agencies in Brazil .... . 3.921:822$840 Branches 923:729$812 Ditto, abroad ...... 2.639:457$070 Correspondents in Brazil ...... 1.626:505$950 ... • * *: *. 258:308$59Q Correspondents abroad ...... 18:286$900 Bills payable . ... » , , '.' Sundry accounts . í...... **. - * * 8.020*'*20$000 Sundry accounts . . . . _ . . . • 25.826:938$620 790.933:222$010 Cash:- '. In currency ... .V 9*614:869$297 Rio de Aug. 7. 1929. N. B. Shaw; Mana- Janeiro, In other specie .... 4:879$000 Forster; Accountant. 7f.-ge.r- J. At other bankers . . . 1.355*796$850 10.975:545$147 Securities owned by bank . . . . 3.647:325$935 293.206:150$507 BANCO COMMERCIAL DO ESTADO DE S. PAULO Liabilities. ¦ ¦ ¦ ¦ ¦Vi"íf.v; Founded 1912 Fixed deposits and with notice ... 29.254:439$650 Vi' Capital. . . . . Rs. 100.000.000$000 Subscribed Current a/cs. with interest . . . . 25.750:320$410 7'1 Paid up ...... 76.775:760$000 v Capital ...... 1.524:577$950 Reserve Fund. . . .* 54.Q00:0OO$00O Ditto, without interest ...... • . 25.647:287$570 Banlance Sheet J1929 Sundry accounts July, . 125.461:124$530 ASSETS. Securities deposited and in guarantee Capital uncalled 2_.224:240$000 Head Office 1*716:540$COO Bills Discounted. . . . • • * • * * * * * * * * * 231.927:523$450 Branches ...... ? • ..... 45.710*722$023 Bills receivable: Bills Payable .....;.. ... 7. 38.113:954$824 Foreign . .-.'. * . * 4.085:9338550 Correspondents in Brazil ...... 12:387$350 Dome.tic. . . , ...... 265.471:575$110 2G9.557:508$660 Correspondents abroad ...... 14:796$200 Loans in current Account • 96.51.8:306$350 293.206:150$507 Segurities pledged . 144.628:865$750 . Securities deposited. 184.018:245$500 S. Paulo, August 5, 1929; MC. Lowry, Manager; Directors Guarantee. . . . -. 150:0Ò0$000 328.797:111$250 J. North, Accountant. 858 WILEMANS BRAZILIAN REVIEW August .8, 1929. SÃO PAULO RAILWAY COMPANY Time-table, until furthep notice - Trains leaving SANTOS for SÀO PAULO r :i:'.! Trains leaving SAO PAUI,0 for SANTOS • i tastss S. Paals ¦&¦>'' Remarks 70^:-.: Remarks ¦rrive tfepart arrlvs f^-í íC 6.01 8.26 Daily. Excursion tickets not availa-le. f.24 8.49 Daily. Buffet Car. 7.56 9.47 Working days only. lst. class only Buffet car Num,-: 8.19 Í0.20 Working days only. Pullman beréd Seats Car and numbered seats. 8.06 1025 Class coaches numbered seats. 10.07 !2.33 Daily. 12 12.15 14.40 Daily. Restaurant Car. 10.05 30 Daily. Restaurant Car. Daily. Buffet Car. Pullman Cir only on Working 12.46 15 02 Daily with Pullman Car on week days only. Days 14.03 :6 28 Daily, Buffet Car. 16.33 18.24 Working days only Pullman Car 8t nnmberedseats. 16.48 19.02 Daily, Buffet Car 8« numbered seats. 14.31 16.56 Daily. Pullman Car on Sundays and Holidays, 17.18 19.42 Daily. 16.17 18.09 Working days only. Pullman Car & lst class coa- 18.52 21.17 Daily, Restaurant Car. 2nd class Excursion tickets not ches only. with numbered seats. available. 17.04 19.29 Daily. Buffet Car. 13.52 21.09 Daily. Restaurant Car. Excursion tickets uot available. Sundays and Holidays only. Sundays and Holidays only. 8.19 10.27 Pullman Car & numbered seats. 5.46 7.59 2nd. Class coaches only. 1615 18.23 Pullman Car & numbered seats. 7.11 9.24 Numbered seats. 18.20 20.31 7.56 9.57 lst. Class co..ches only. Buffet Car numbered seats. 20 02 22.13 Pullman Car & numbered seits. 20.05 22-17 PULL MAN Car TRANSIT PASSENGERS calling at Santos usually have ample æ the time toascend SAO PAULO sometimes called the «Chicago of South America» and whose slopes of the forest-clad mountain range known - as the «Serra do Mar»; special trains will, prospérity bids fair at no distant date to rival that of its above at an hour's notice, be placed named American contemporary — is a bright breezy city, situated on a tab- at their disposal at a cost of 200 milreis for 40 passengers, Qovern- leland ment impost of 1$8Q0 plus 2,700 íeet above sea-level, and distant 79 kilometres, or, Ih. 50ms. per passenger travelling. Above that number 7S500 by São Paulo Railway from Santos, each pcrson. lt possesses wide streets, important The return trip lasts public buildings, theatres, excellent shops, etc, and electric t iam way and _ 3 hours in ali, giving time for lunch at the top hghting services, and is notable for the of the Serra («Alto da Serra»), unusual architecture and floral beauty of some of its residential suburbs. The sanitation is perfect and the Passengers arriving early at Santos can also usually visit the city of climate biand. Sao Paulo ; leaving Santos by the 8.19 train, they reach São Paulo at 10.20. Âfteí'«a.Jllf>t<írdr.«e,U,!;0i,.Bh ^is ,ar^e ci*y with|over 1000,000 inhabitants, THE PORT OF SANTOS possesses wharves alongside which ali ocean the 12,15 train will land them m Santos at 14.40 iu good time to calch the going steamers are berthed. Its quays and spa- steamer sailing at 15.30 or later. cious warehouses are perfectly equipped for the rapid despatch of ali da-, The São Paulo Railway, whose first section began in 1860, has been criptions of cargo. assiduously Consolidated and improved since then, and has long enicyed a BUSINESS IN SAO PAULO is, naturally, for the most or deserved reputation as second to none in the world in of solidity and STATE part, •ccuriiy • point an agricultura! and pastoral charact? The Government is always ready to encourage enterprise. The Secretar The Inclined Planes on the Serra represent a triumph of engineerine science and of Agriculture replies promptly *o ali inquiries through the special «Infi 5 perseverance. Tiie geological characteristics of the ground are matiou and Publication Section» of this Department. such as to render construetion and maimefiance of railway Unes over ii a work demandmg the utmost patience, skill and care. 15/4/29 ERIC A. JOHNSTON, Superintendem RAILWAY NEWS. COFFEE THE LEOPOLDINA RAILWAY COMPANY. Estimated weekly traffic receipts. Rio de Janeiro, 7th August, 1929 Closing Quotations: SPOT: ___ New-York RECEIPTS FOR WEEK TOTAL Rio Santos Rio —Santos— Year Week Ended from 7s 4s 7s 4s 7s Currency Exchange Sterling ,sl January July 31, 1929 255874 33S500 16.0c 22V4c. 20l/aC 1929 3rd Aug. 2 850:000$ 5.15/16 70.508 1.Í75.866 Aug. 7, 1929 25S534 335500 157/8c 221l4c. 20'/aC- Rise or fali . 1928 4th Aug. 1.874:080$ 5 61/64 46.434 1.467.732 $340 OV.c Ditto % . . . 1.3 ² 0.8 OPTIONS Increase... ,— 976sQQQ$ 24.024 - Rio — Santos — —New-York — Decrease.. — 1,64 191.846 Aug. Aug. Sept. Sept. Dec* (*) July 31, 1929 26 100 33$675 34S200 14.42: 13.96c (*) Aug. 7, 1929 25S470 33S500 33*700 14.05c 13.35c SAO PAULO RAILWAY COMPANY. Rise or fali. . . §630 $175 $500 0.37c 0.61c Estimated weekly traffic receipts. Ditto %...-. . 2.4 0.5 1.5 2.6 4.4 (*) Buyers. RECEIPTS FOR WEEK TOTAL NOTE — TO Quotations: Rio and Santos, 10 kilos; Year Week Ended per New York, per lb. Currency Exchange Sterling DATE 1929 July 28th. 2,500:278*900 5.119/128 61,774- 9-4 1,537,466.10-2 SYNOPS1S OF THE SANTOS COFFEE MARKET, FOR WEEK ENDING 1928- July 29th. 2.259:9l9j000 5.61 64 56,056-11-8 1,433,488-10-7 lst. AUGUST, 1929. The improvement in the market was short-lived and Increase ..r - 240:359*900 - 5,717 17-8 103.977-19-7 prices very soon began to sag\ soon reaching the reoent low levei. Decrease... — - 3 128 _ ! The market closed with Aug. at 33S500, Sept. at 33\$9GQ, August 8, 1929. WILEMANS BRAZILIAN REVIEW 859 Oetober at 338975, November at 348225, December at 34$800 COFFEE PRICES CURRENT. .and January at 338875, the Institute broker still maintaining During the weekending 1 August 1929. December at the fixed price of 348800, without finding sei- rr.p_?KR cpovipr Ju*y Jul'/ lulY July July August „ lers to any extent. COFFEE SEftVICE T _1 2» 30 31 _ ÂWt^- The uncertain political cpnditions, the fear of good flowerings in the near future and general tightness of mo- "up-country"-all Rio spot No. 6 .. 2íi$078 26$2I5 26$419 26$_1. 26$4I9 26$_l5 26$294 ney these factors are contributing to the » » » 7. . 25$738 25$8T4 26$078 26$078 26$078 2ô$874 25$9r,0 -general weaker tendency, and it is increasingly difficult to » > » 8 . . 2S$0_7 _5$193 25$398 25$398 -4*398 25$193 2&$272 see day light, as consuming Countries are holding back „ futures July . 25$925 _____ 25$925 August . 26$075 26$ISO 26$i00 2-$900 25$650 25$600 25$929 more than ever, anticipating an important break in prices, September 26$3C0 26$375 26$3CO _6$250 2f$_00 26$IO0 _6$220 which in all probability will not eventuate. Oetober.. 26$300 -_$3..0 26$300 26$275 2_$I25 26$Q75 26$229 Well described 4's have been sold as low as 19.1/2 November 26$300 26$375 26$350 26$300 2C$125 2é$175 2^$270 .cts. c. f., and it is really surprising, in view of the small December 26$500 26$550 26$500 26$500 26$425 26$425 26$483 Junuary. 25$975 25$950 25$600 25$77_ 25$825 visible and invisible supplies abroad, that this low levei of Sales . . 2.000 nil 2,000 12.000 13,000 14.000 8,600 does not attract more interest. prices Good averaâe 33$500 33$500 33$5O0 33$500 83$500 33$5O0 33$5C0 Exchange unchanged. No. 32$500 32$50O 32$500 32$500 32$500 32$50- 32$í00 Santos futures, July 33$600 33$i=00 33$600 33$500 33$600 COMPANHIA REGISTRADORA E CAIXA DE LIQUI- August 33$700 33$675 3b$600 33$500 33$õ00 33$500 33$579 DAÇAO DO RIO DE JANEIRO. Oetober. 34$200 34$2C0 34$2Q. 33$v»50 33$950 33$900 34$066 1929. November 34 $350 34$075 33$97S 33$975 34$093 During the week ending 3 August, Sales.. nil nil 10 kilos). 3,000 3,000 4,0.0 nil 3,333 (Per New York Rio spot Highest Lowest No, 16 1/2 Holiday 16 1/2 26 1/2 16 1/2 16 3/8 16 1/2 New York Rio spot Mezes No. 16 do 16 16 16 15 7/8 161/- Sellers Buyers Sellers Buyers N. York Santos No, 22 1/4 do 22 1/4 22 1/4 22 1/4 22 1/4 2.1/4 No.7 20 1/2 do 20 1/2 20 1/2 20 1/2 20 1/2 20 1/2 August 1929.. 26$400 26$ 150 25$875 26$650 „ futures Sept. 14.35 do 14,42 14,40 14.18 14,19 14,30 September.... 26$500 26$300 26$175 26$000 December. 13.95 do 13,.6 13,86 13,59 13,59 13,79 Oetober 26$500 26$300 26$100 26$050 March... 13,56 do 13,55 13,49 13,22 13.20 13,40 November..., 26$600 26$350 26$225 26$050 May .... do 13,19 13.18 12.99 .2,89 13,06 December.... 26$700 26$500 26$425 | 26$350 Sales. . . 20.000 do 15,000 10,000 20,000 20,000 17,000 January 1930. 26$200 26$000 25$975 | 25$700 HAVRE September 457 457 455 456 3/4 452 1/4 446 3/4 454,12 Total sales during the Week 46.000 bags. December. 448 1/4 448 1/4 447 448 3/4 445 439 1/4 446.08 March... 439 439 1/2 4391/2 441 437 1/4 432 1/4 438,08 WILEMAN'S BRAZILIAN REVIEW. May .... 430 1/2 430 3/4 430 3/44321/4 429 424 1/4 429,58 Sales. . . 8.0CO 3,000 nil 3.000 7,030 13,000 6,800 We beg to remind our readers that our offices have been Imoved to rue São Pedro, 61, lo andar, sala 3, to HAMBURG Sept 681/2 69 69 69 1/2 69 68 62,26 which all local Communications December. 67 3/4 68 68 1/4 69 68 1/4 67 68,40 should be forwarded. Mai- March... 66 3/4 67 67 1/4 68 67 led 1/4 66 67,04 ímatter, however ,should be addressed to Caixa do May ... 653/4 66 2/4 66 1/4 C7I/4 66 1/4 65 1/2 66,20 Correio (P. O. Box) No. 809, Rio. Sales... 3,000 nil 7,000 nil 2.C00 1,000 3,250 COFFEE CLEARED FROM THE PORTS OF RIO AND SANTOS. Total Crop Crop to 1 August Week 1927-28 1928-29 1928-29 1929-30 Ine or Dec. ended /o 1 August United States ... 7.301.588 G.293.580 555.015 399.741 ² 155.274 28.0 94.85.) 35.2 France •Germany 1.247.144 1.252.153 83.048 158.010-f 74.308 88.9 70.419 2S.4 951.131 754.594 02.948 48.3081— 14 040 23.3 20.000 7 7 French Possessions 105.938 130.942 10.100 10.2G9!-f 103 10 ² — Italy 858.590 500.890 28 153 34.357-4- 0.104 21.7 11.724 . 4.4 Fiume ' 1.120 250 . B __ __ United Kingdon 7.259 9.354 980 1.288 4- 308 315 251 0,1 British Possessions discriminated) •Canada. (ex 10.277 7.792 977 S52 _- 125 12 120 — 32.025 28.807 2.100 1.719 381 18,1 — Cuba ""." ² ² 400 4- 400 100,0 150 Tangiers ..!.'. 314 370 ² _____ South África 195.400 109.854 15.985 14,110— 1.875 117 14 110 5 2 Egypt ; 82.304 59.599 2.125 1.648— 477 22.4 1.500 0 0 Belgium . 272.501 244.824 13.908 22.390+ 8.422 00.3 12.315 4 0 Holland | | 920.700 739.055 01.954 50.750 5.198 8.4 15,5.7 5 8 Denmark • . 172.738 143.099 7.350 19.529-j- 12.179 105.7 5.487 2.0 Norway 46.250 28.271 2.201 2.350-j- 149 0.8 ² — Sweden 435.888 378.073 27.332 33.275 -f- .5.943 21,7 1.250 0.5 Spain and Colonies 75.120 50.759 2.450 5.094 -f- 3,238 131.8 980 0.4 Portugal and Islands 38.040 37.550 2.582 2.350 232 9.0 1.465 0.0 Plate and Pacific 401.193 390.028 22 700 37.347 4- 14.047 04.5 8.157 3.0 Japan and East 1.088 3.101 200 133 07 33,5 133 - Finland 79.810 91.138 8.640 5.099- 2.941 34.0 300 0.1 Syria.....' i ...... 50 63 ² B __ Switzerland. Oreece and Crete 17.925 17.875 ² 2.004 4- 2.004 100.0 1.002 0.4 Smyrna 5.615 2.784 875 126— 749 85,0 120 - Roumania . . . . 4.071 0.758 125 2514- 120 100.8 63 - Bulgária 1.188 988 31-(- 31 100.0 - Palestine ' ¦ Dantzig, Port of 1.688 5.881 439 126- 313 71.3 63 -.g Turkey 50.194 40.760 2,175 4.832 4- 2.657 122.2 2.681 1.0 Tripoli ...'.'. ' 188 1.135 '___ ¦ ² — Total Overseas 13.438.845 11.457.414 915.094 ãoTHÕl^ 5L593 ~5TÕ 269.371 100.0 Coastwise 144,222 147.359 13.369 12.552 317 6.1 2.447 — Grand Total 13.583.067 11.604.773 928.463 876.053 52^10 57Õ 271.818 100.0 'l'Z':'''.Z:--tZ:'7-_^z:-^7l77'.Z:-Z "V VV--". :/.- ¦':-.'¦'.'. ¦¦ vvvvV;,'¦¦'__. . . \-. v;:y;;V.;r/;;-y.vV:-.y.., 860 WILEMANS BRAZILIAN REVIEW August 8, 1929. ¦III CLEARANCES OVERSEAS FROM THE PORTS OF RIO' AND SANTOS DURING THE WEEK ENDING . BANK OF tONDON _ lst August 192Õ. SOUIH AND 1929-1930 CROP TO DATE. Week ended By Flag: Crop to 1 August —— 1 August AMERICA LIMITED Bags Bags % Bags British to U. S. . 78,486 51,2 32,848 Authorised Capital. . . . £.4,000,000 To Europe 40,038 26,1 20,434 Subscribed Capital. . . . £.3,540,000 Sundry 34,747 22,7 21,275 Paid-up Capital £.3,540,000 Total 153,271 l',7 74,557 OtherFlags-U.S.A Reserve Fund £.3,000,000 202,135 23,4 Brazüian 181,753 21,2 90,173 HEAD OFFICE-6, 7 & ô Tokenhouse Yard-London, E.C.2. Italian 39,763 4,6 17,096 MANCHESTER PARIS Scandinavian 67.991 7.9 5,662 Dutch 36, Charlotte Street. 9, Rue du Helder. 67.532 7,8 31,861 : French 43,516 5,0 1,157 BRADFORD ANTWERP German ,;. 54,966 6,4 19,341 33, Hustlergate 10, Rue Nationale. Japanese 25 692 3,0 18.337 Belgian 20,137 2,3 11,178 NEW YORK LISBON Splanish 2,536 0.3 67, Wall Street. 44, Rua Áurea Finnish 561 Argentine OPORTO~9~Rua Infante Henrique. Chilena 3,648 0.4 BRAZIL Total 8-3,501 100,0 269,371 Rio de janeiro, São Paulo, Santos, Curityba, Porto Alegre, Pelotas, Rio Grande, Victoria, NEW YORK AND HAVRE VISIBLE SUPPLY AND STOCKS- Bahia, Maceió, Pernambuco, Ceará, Maranhão, Visible Supply in the United States. The United States Manáos, Pará, Juiz de Fora, Bello Horizonte. Stock and Visible Supply on 6th August 1929 were as follows in bags of 60 kilos; stocks 324.000 bags delliveries 138.000- ARGENTINA bags; visible supp> 751.000 bags, including afloat, as aga- Buenos Aires, Rosário, Bahia Blanca, Tucu- inst 307.000 bags, 167.000 bags and 699.000 bags respecti- vely man, Mendoza, Paraná, Concórdia, Cordoba, on 29th July, and 502.000 bags, 168.000 bags and 911.000 bags on 7th August, 1928. Azul, Santa Fé.. Posadas, Tres Arroyos. URUGUAY Havre Stocks on 4th Aug. 1929, were as follows in bags- Montevidéo, Paysandú, Salto e Rivera. of 60 kilos; Brasil sorte, 219.000 bags ; other sorts, 216.000* bags ; total 435.000 bags ; as against 202.000 bags 207.000 CHILE ; bags ; 409.000 bags, respectively on July 27th 1929, and 224.000 Santiago, Valparaiso, Anfofogasta. bags; 211.OCO bags and 435.000 bags on 27th July, 1928. PARAGUAY Asuncion. COLÔMBIA The Hungarian Colony in Brazil Barranquilila, Bogotá, Medellin, Manizales. is composed of 100,000 souls Cali, Buenaventura. Agenls and correspondenis in ali fhe principal Braziliai Magyar Ujság CITIES OF THE WORLD. I (The Hungarian-Brazilian Journal) The Bank is affiliated to Bi is the most widely read paper by the Colony LLOYDS BANK LIMITED throught Brasil Paid-up Capital and Reserve Fund £25,610,252 § The Braziliai Magyar Ujsag, is conseguently, To which Bank is also affiliated. | an excellent advertising médium. THE NATIONAL BANK OF SCOTLAND LTD. | Paid-up Capital and Reserve Fund £2,550,000 I OFFICES: The three Banks provide over 1,950 I 301, Avenida Mem de Sá, 301 Branches in ali the principal Trade Centres | in Telephone N. 4573-Caixa Great Britain, South America, Europe, 1 Postal 1263 índia, Burmah. ¦ RIO DE JANEIRO IIIBIIIIWIIIHI m | '•¦' ¦ ¦ ¦ ¦' ¦_¦-. .-. . .¦'¦.¦;¦'.'¦;¦-¦'¦¦:¦:¦¦¦:- August 8, 1929. WILEMAN .3. BRAZILIAN REVIEW 861 COST AND FREIGHT QUOTATIONS. The quotations are as follows:- American, Brazilian and Cost and Freight Prices. Rio 7s Near Spot Month Victoria Victoria Rio 7s. Rio 7s. Exchange Store N. York Santos . Santos Raie 7/8s. 7,8s. f. o. b. Reis Cents 4. Reis 4. Cents Freight N. York Options Reis per Cents Per Per lb. 1928 Pence DoHars cents cents Per Per lb. Cents Arroba Per lb. Arroba f. o. b. 10 kilos f. o. b. Per bag July 13th 5 127/128 88225 16 1/4 15.57 321000 14.40 408000 15.40 368000 22.35 60.Q0 July 20th 5 255/256 8$ 23a 16 5/8 15.70 321500 15.00 418300 16.00 368300 22.85 60.00 July 27th 5 255/256 88 23 16 1/2 5 15.80 331500 15.00 418300 15.80 368400 22.75 60.00 August 3rd 5 255/256 8$ 230 17 15.95 331000 14.90 . 418000 15.60 358900 22.45 60.00 August lOth 5 127/128 88230 17 15.90 341000 15.30 428200 16.00 368200 22.70 60.00 August 17th 5 253/256 88245 17 1/4 15.90 34$500 15.10 428000 15.80 368000 22.70 60.00 August 24th 5 63/64 88250 17 1/2 16.00 358000 15.60 428400 16.00 368100 22.45 60.00 August 3lst 5 63/64 88250 17 3/4 15.78 358000' 15.60 428600 16.10 358600 22.35 60.00 September 6th 5 253/256 88255 17 15.80 358000 15.60 438000 16.20 358600 22.00 60.00 September 14th 5 63/64 88255 17 1/4 16.15 348500 15.80 438500 16.40 358000 22.00 60.00 September 2lst 5 127/128 88240 17 1/8 16.05 358500 15.85 448600 16.85 358600 22.20 60.00 September 28th 6 88240 17 1/2 16.02 348500 15.85 438500 16.40 358900 22.30 60.00 October 5th 6 88240 17 1/2 16.30 35|000 15.90 438500 16.50 368200 22.20 60.00 October llth 6 1/256 81230 17 3/4 16.40 358500 15.70 438400 16.40 368000 22.15 60.Q0 October 19th 6 1/256 8$230 17 16.16 7/8 358500 16.00 438200 16.70 368000 22.10 . 60.00 October 20th 6 255/256 8$ 240 17 1/2 16.00 368000 15.90 438300 16.50 358700 21.80 60.00 October 31st 5 255/256 88240 17 1/2 16.05 358000 15.40 438400 16.40 348700 21.60 60.00 November 9th 5 127/128 81250 18 15.82 358000 15.70 438300 16.50 358000 21.60 60.00 November 16th 5 • 253/256 81255 18 16.10 341500 15.50 428600 16,30 358000 21.60 60.00 November 22nd 5 127/128 88350 18 15.84 341500 15.70 428300 16.40 348800 21.60 60.00 November 30th 5 63/64 81260 18 1/4 15.75 348500 15.60 428300 16,60 358000 21.60 60.00 December 7th 5 123/128 88295 18 1/4 14.50 341500 15.60 428300 16.40 348300 21.40 60.00 December l4th 1 5 247/256 8$280 17 3/4 14.68 348500 15.30 .428200 16.20 33.700 21.30 60.00 December 2lst 5 Í25/128 88290 17 7/8 14.94 348000 15.30 428500 16.60 348400 21.25 60.00 vDecember 28th 5 125/128 8$265 18 1/4 15.40 348000 15.40 428500 16.20 348600 21.40 60.00 4th January 5 31/32 88280 18 1/4 15.30 348000 15.40 428400 16.20 258200 22.00 60.00 llth January 5 125/128 S8270 18 15.43 348000 15.40 428200 16.10 358200 21.95 60.00 18th January 5 255/256 8$245 18 15.93 348000 15.30 418500 16.10 358300 21.85 60.00 January 24th 6 8$235 18 1/4 16.37 348800 15.70 428800 16.40 368900 22.70 60.00 Feb. lst 6 88230 18.1/4 16.63 358500 15.75 428600 16.40 378300 23.05 60.00 Feb. 8_h 5 63/64 8$ 260 18 1/4 16.88 358500 16.20 438200 16.40 378900 23.10 60.00 Feb. 15th 5 63/64 8$ 260 18 1/2 17.30 368500 16.40 448200 16.85 388300 23.20 60.00 March lst 5 247/256 88280 18 1/4 16.94 368000 16.35 438600 16.60 378900 23.45 60.00 -March 8th 5 61/64 88295 18 16.32 368500 15.90 428300 16.35 378800 23.00 60.00 March 15th 5 123/128 i 8$290 17 3/4 16.95 368000 16.15 428800 16.60 378400 22.85 60.00 March 22nd 5 15/16 81320 17 3/4 17.10 368000 16.10 438000 16.50 378400 22.85 60.00 March 29th 5 241/256 88315 17 3/4 15.83 358300 16.00 428400 16.40 378900 22.80 60.00 April 5th 5 117/119 ¦ 88350 17 3/4 15.80 348700 15.60 428400 16.45 368200 22.50 60.00 April 12th 5 63/64 8.250 17 1/4 16.05 348700 14.70 42$300 16.30 368000 22.10 60.00 April 19th 5 253/256 8$250 17 1/2 15.90 348700 14.70 428500 16.30 358900 21.95 60.00 April 26th 5 127/128 88250 17 1/2 16.18 348400 15.60 418800 16.10 358700 21.75 60.00 May 2nd 5 253/256 81260 17 1/2 16.35 348000 15.30 418200 16.00 368000 22.15 60.00 May lOth 5 125/128 88275 17 1/4 15.90 328500 15.00 408300 15.50 358200 21.70 60.00 -May 17th 5 31/32 88285 17 0/0 15.84 328000 14.80 398500 15.30 358000 21.60 60.00 -May 24th 5 31/32 8$285 16 3/4 16.15 318500 14.80 398800 15.30 348000 21.35 60.00 May 31st 5 31/32 88285 16 3/4 15.31 328000 14.80 408300 15.40 348000 21.30 60,00 7tt» June 5 125/128 88285 16 3/4 15.00 308500 14.20 398000 14.90 338000 20.90 60.00 14th June 5 125/128 88285 16 3/4 15.37 308500 14,30 398400 15.20 348500 21.35 60.00 21st June 5 125/128 8$285 16 3/4 15.14 308500 14.10 398200 15.00 348700 21.35 60.0C 28th June 5 125/128 88285 16 3/4 15.02 308000 13.70 388400 14.70 358000 21.20 60.00 July 5th 5 31/32 8$290 16 1/2 14.99 288500 13.50 388000 14.80 348700 21.10 60.00 July 12th 5 249/256 88290 16 1/4 15.15 288500 13.30 388500 14,85 348500 21.20 60.00 Jüly ,19th 5 31/32 8$ 290 16 0/0 14.80 298000 13.60 388000 14.40 338400 20.70 60.00 July 26th 5 31/32 88235 16 0/0 15.15 288500 13.50 378800 14.40 338300 20.70 60.00 Aug. 2nd 5 31/32 81290 16 3/8 14.15 298500 13.40 378800 14.30 328400 20.00 60.00 (NOTE. Quotations for the whole Of the year 1927 have been published in supplement form. Any reader destring to obtain a copy of this supplement need only apply to the Editor). O DUURING & ZOONS MONTHLY MARKET-REPORT. ders probably partly from the Institute which as a rule (Month of June 1929.) whenever weakness prevails, intervenes to sustain the prices A very dull tone continued in the month under re- and at the same time manifests that it firmly controls the view and demand was poor during the first weeks. In thte situation. Offers from Brazil remained barely steady and middle of the month however a firtner tone prevailed; the the priecs of Central American Coffees were somewhat down «New-York terme market received a stimulus by buying or- again making* the difference between Brazil and mild quo- -.. ,í_ 862 WILEMANS BRAZILIAN REVlEW August 8, 1929. published by the Coffee Institute of the State of São Pau- (« lo from' which we produce some interesting figures of Relíable Shippers oi Brazil Cofl.es Seekíng production and export from Bahia and Paraná viz. General European Repre- COFFEE PRODUCED BY THE STATE OF s ent ative or Contempla.ing BAHIA Years Bags of 60 Kilos. Years Bags of 60 Kilos.. 1921-22 415.097 1924-25 478.025 Changes in Their Agency 1922-23 515.097 1925-26 607.916- Arrangements are Requested 1923-24 400.000 1926-27 950.000 to Communicate with — COFFEE EXPORTED BY THE STATE OF BAHIA H. FLINDT Years Bags of 60 Kilos. Years Bags of 60 Kilos. 1922 201.839 1925 246.746 137 Penchurch Street-LOIVDON E.C .3 1923 218.543 1926 341.167 Established 1905 — IstCJass References 1924 259.081 COFFEE PRODUCED BY THE STATE OF PARANÁ Years Bags of 60 Kilos. Years Bags of 60 Kilos. tations still more accented. No wonder that milds at the 1921-22 115.817 1924-25 116.660 comparatively low prices were preferred by trade and it 1922-23 121.666 1925-26 120.000 clearly illustrates the situation by comparing the Erupean 1923-24 122.563 1926-27 119.666 arrivals of milds and Brazil Coffees during July lst 1928 till May 31 st 1929 which show the same figure. This in- COFFEE EXPORTED BY THE STATE OF deed is a triumph for milds; however they are getting PARANÁ out of season now and in the next months to come neces- Years Bags of 60 Kilos. Years Bags of 60,Kilos.. sarily will have to make more use of Brazil offers. 1922-23 67.892 1925-26 157.846- Climatic conditions in Brazil thus far are favorable 1923-24 20.405 1926-27 ' 81.772 for crop 1930-31 and next Santos crop 1929-30 is estima- 1924-25 35.209 ted at 15 million at its lowest. Many new plantations now begin to bear. Daily receipts in Rio haviiig been fixed for the se- STOCKS IN HOLLAND ON JULY lst. cond part of this month at 11.018 bags, were reduced 1929 1928 1927 to 8.840 bags for the first part of July. Those for San- Bags Bags Bags fixed tos were at 35.000 bags. Netherland East Indies 56.800 70.100 71.700 in The stocks the interior of Brazil, exportabl. via Brazil 154.700 132.800 154.300 from 186.000 116.000 Rio decreased bags to bags on May Central-America and 31 st, While the stocks in the States of San Pau- permanent West-Indies 191.400 152.300 118.700* lb Minas and Qeraes, exportable via the port of Santos, África 4.000 2.800 3.800 decreased 688.000 being May bags, on 31 st 9.084.000 bags. Sundries 1.400 4.700 1.900 No dispatches from the Interior took during May. ~lO8.300 362.700 350.400 place TOTAL Santos Superior fully described quotes 99/6 sh. per Against stock lst 399.400 345.600 342.700 cwt. (100/ sh.). Rio No. 7 closes at 72/— sh. (75/— sh.). June Palembang Robusta is offered at 38-,4 ets. (39 1/4 ets.) per 1/2 Ko. Spot quotations are unchanged, 63 ets. for Santos VISIBLE SUPPLY OF THE WORLD (Duuring & Zoon) and 54 ets. for washed Robusta. In 1000 bags of 60 kilos each. Inc. or decr. Arrivals on our market were 172.100 bags, against 163.200 bags deliveries, leaving our stock at 408.300 bags, July 31 June 30 July 31 July 1929 on against 399.400 bags last month. 1929 1929 1928 June 29 July 2.9- -j- 19 Terme market this month was quiet, prices fluetuated Stock 12 Europ. ports. . 2,199 2,185 2,180 + 14 within a narrow range. Afloat Brasil-Europe . . 579 481 482 + 98 -f 97 Do, East-Europe .... 110 Quotations now are for the Mixed . contract 44 3/4 61 161 49 ______ets. per September, 42 3/'4 ets. per December, 41 3/4 ets. Vis. Supply Europe . . 2,888 2,727 2,823 161 6.5 per March and 40 3/4 ets. per May. Stocks in U S.: 760 700 501 + 60 ¦4- 159 Dealings amounted to 29.000 bags or 301.500 bags Afloat Brasil-U. S. . . . 429 399 850 + 30 ² 421 since January lst, against 351.500 bags last year. Do, East U. 6 16 10 4- 6 •4- 16 Visible supply on June lst was 14.546.000 bags, in- Vis. Supply U. S. . . . 1,205 1,109 1,351 -f- 96 ² 146 cluding Interior Brazil stocks, against 15.175.000 bags on Stocks Brasil: May lst and 17.152.000 bags òn June lst 1928. Consumption in the Netherlands. — Imports in Hol- Rio 247 265 284 18 37 land during 1928 according to the Central Office for Dutch Santos 1,030 1,158 1,136 128 106 Statistics were 589.000 bags more than exports. Deducting Victoria ...... 44 49 85 5 41 Increase of our stock during 1928 being 96.000 bags con- Bahia 6 14 16 8 10 • sumpt/on has been 493.000 bags against 581.000 bags in Recf -j- + 1. 1927. The large difference is due to the exhausted stocks Paranaguá 25 16 25 — ' of our roasting trade. 1 OlC-I ..-_ • • • • • . . 1,354 1,503 1347 —149 - 193 — Brazil. We received a book about coffee recently Vis. Supply of the World: 5.447 5,339 5 721 -j- 108 — 274 August 8, 1929. WILEMANS BRAZILIAN REVIEW •863 COFFEE STATIS TI C S 9 OUR OWN STOCK ENTRIES. In bags of 60 kilo In bags of 60 kilo. RIO STOCK on July, 25, 1929 . 257.847 Week ending August 1, 1929. Entries during week énded Aug. 3, 1929 .... . 58.521 FOR THE WEEK ENDED FOR THrí CROP TO 316.368 Aug. July 25 Aug. Aug. Aug. 2 Loaded (Embarques) for week 1929 1929 1928 1929 1928 ended Aug. 3, 1929 . . . 59.492 Local consumption 3.500 -Central «fe Leopold.) 58 521 52.689 71.366 244 783 295.G43 STOCK AT RIO verificado on -Coastwise ² ² ² ² _ Aug. 3, 1929 ...... 253.376 Total 58.521 52.689 71 366 244 133 296.043 SANTOS STOCK on July 25, 1929 _ 1.118.317 Total Rio including Entries for week ended Nictheroy 53.521 52 659 71.366 244.783 296.043 Aug. 3, 1929 .... 153.537 Total Santos 153 537 167 840 173 122 630 126 802.394 1.271.854 Total Rio «fc Santos. 212.058 -2..529 244.488 874.939 1.09H.437 Loaded (Embarques) during same week Aug. 3, 1929 . 213.377 The total entries by different S. Paulo Railway s for the crop to Aug. I, 1929 STOCK AT SANTOS verificado on -were as fallows Aug. 3, 1929 ...... '¦.' 1.058.477 Past. Jundiahy Sorocabana Total at Total at Remainington BAHIA STOCK on 25, 1929 . 4.96S Per and others S. Paulo Santos S. Paulo. July Entries during week ended 1929/1930 375.225 284.688 659.913 630.126 .1928/1929 578 345 225 65- &U4 000 802.394 Aug. 1, 1929 . . . 5.683 10.651 SALES OF COFFEE (DECLARED) Clearances during same week 3.370 1, 1929. STOCK AT BAHIA on Week ending August In bags of 60 kilo. Aug. 1, 1929 -! 7.281 Stock at Rio, Santos and Bahia Aug. 1, 1929 1.319.134 Aug. 1/1929 July, 25/1929 Aug. 2/1928 Stock at Rio, Santos and Bahia 25, 1929 1.381.132 Rio. . . 24.078 21,856 44.840 July Stock at Rio, Santos and Bahia Aug. 2, 1928 1.470.432 tSantos 170.000 168,000 183.000 Total. 194,078 189,856 227.840 MANIFESTS OF COFFEE COFFEE LOADED (EMBARQUES) RIO DE JANEIRO In bags of 60 kilo. May, 30 — 1929 .Week ending Ist Aug., 1929. 15 Cantuaria Guimarães—Lisboa Fraga Irmão DURlNO WEEK ENDED FOR/THE CROP TO & Cia 155 Ditto— Leixoes Mc. Kinlay & Cia 225 Aug., 1 July. 25 Au-?.. Aug., I Aug.. 2 Ditto—Havre Cia Nacional 1929 1928 ,_¦_<. 1928 1929 5 Commercio de Café 1.000 Ditto „ E. G. Fontes & Cia 500 Rio 59.492 62.587 63^667 245 999 258.996 ' Santos 213 377 162 551 142 301 796 893 747.028 Ditto „ Tude Irmão & Cia 375 Ditto Ornstein & Cia 250 Total Rio & Santos 272.869 225.138 206 168 1.042 892 1.0.6.024 „ Ditto „ Báttermann & Cia 250 Ditto „ Fraga Irmão & Cia 125 COFFEE SAILED. Ditto—Antwerp Ornstein & Cia 516 In bags of 60 kilo. Ditto „ S. A. Luiz Corrêa 234 Ditto—Rotterdam Ornstein S- Cia 125 Week ending Ist Aug., 1929. Ditto—Hamburg Oswaldo Tardim EUROPE ie X FOR CROP & Cia 1.250 POKlbT-H^n-rc STATES UNTTED RANEAN MEDITER- COAST PLATERIVER OTHERCAPE PORTS TOTAL WEEK TO DATK Ditto „ Tardim & Erthol 250 Rio 12.707 23.692 1.895 7.000 15.550 60.844 203.944 5.255 Santos.... 82,432 126.808 552 1.157 25 210.974 672.109 16 Norge—Rosário Ornstein & Cia 1.350 16 Norge—B. Aires Vivacqua Irmãos 1929/1930 . 95.139 150.500 2.447 8.157 15.575 271.818 876.053 1928/1929 . 94.503 76.226 2.400 2.626 17.635 193.390 928.463 & Cia 1.100 Ditto „ Pinheiro Ladeira & Cia 600 VALUE OF COFFEE CLEARED FOR FOREIGN PORTS. 3.050 20 Maranguape—Montevideo Norton Megaw & Cia 50 Week ending August 1, 1929. In bags of 60 kilo. 20 Sierra Cordoba—Hamburgo Ornstein & Cia 1.250 Ditto Castro Silva & Cia 375 PORTS Aug. 1 July. 25 Aug. , July. 25 Crop to Aog. 1/1929 Ditto- •Bremen Rebello Alves & Cia 250 1929 1929 1929 1929 æ 1,875 Bags Bags Bags £ 20 Rio 58.949 55.948 236.285 220.796 192.251 766.434 Cábedello—New Orleans E. M. Silva & Cia 3.250 Ditto Ornstein & Cia 2.250 Santos 210.4221 3.711.825 168.343 Í.163 575 930.890 671.250 Ditto Oswaldo Tardim Total 1929,1930 269 371 224.291 1.399 860 1.151686 863.501 4.478 255. j & Cia 2.000 ¦ „ 1928/1929 190 990 316 635 979 163 1.707.142 915.094 4.804.123 Ditto •> Vicri S-A 1.590 864 WILEMANS BRAZILIAN REVIEW August 8, 1929. Ml !HI!lllll:!!l-il! ItllllHüüBlil IIÜIIKII 25 Casey—New Orleans Capella & Cia 1.100* Ditto Cia Commissaria F. D. Wilcox - C. E. Schmidt — W. Ganucheau, J. Jr. Mineira 1.000 F. D. WILCOX CO. Ditto Eliakim & Cia, Ltd 425 Ditto j> E. G. Fontes & Cia 250 Ditto Cia COFFEE jj Ornstein C- 250 3.025 502 Natchez St. New Orleans, U.S.A. 26 Voltaire—Barbados Mc. Kinlay & Cia 125 Solicit representation r.putable Brazilian Ditto- New York American Coffee Coffee Shippers for North America. Corp. 2.865 Ditto Franco Soares & Cia 1.000 ¦ Consignments handled. Ditto jj Rebello Alves & Cia 1.000 Established Re/erences: - -New Orleans Banks. Ditto jj E. G. Fontes & Cia 250 1914. Mercantile Agencias. Ditto jj A. Sion & Cia 125 Cable Address:-WILCO New Orleans, La. 5.365 S 26 Arlanza—Montevideo Serafim, Fernandes MM IMIIi:«lll!l__!i!ill llitill IIIHIII! & Cia 100 Ditto E. G. Fontes & Cia 1.000 Ditto—B. Aires E. Johnston & Cia, Ditto Cia Nacional Ltd. 200 Commercio de Café 1.000 3ÕÕ Ditto Eliakim & Cia, Ltd 970 28 Osiris—Magallanes Ornstein & Cia 3S0> Ditto Levy Salem & Cia 500 Ditto—PuertoMontt Mc. Kinlay & Cia 150 Ditto Vivacqua Irmãos & Cia 500 Ditto—Corral Ornstein & Cia 65 Ditto Cia Armazéns Geraes Ditto Hard, Rand & Cia 50 Victoria 500 Ditto—Tacahuano Theodor Wille & Cia 300 Ditto Tardim & Erthol 250 Ditto Mc. Kinlay & Cia 175 Ditto Rebello Alves & Cia 250 Ditto Ornstein & Cia 100 Ditto E. M Johnston & Cia, Ditto—Vai paraizo Ornstein & Cia 616 Ltd. 160 Ditto j> Mc. Kinlay & Cia 558 Ditto Hard, Rand & Cia 100 Ditto Theodor Wille & Cia 550 Ditto Cia Navegação Ditto Battermann & Cia 366 Lloyd Brasileiro 21 Ditto Leon Israel Co S-A 266 Ditto—Jacksonville Vivacqua Irmãos & Cia 500 Ditto Rebello Alves & Cia 100 14.841 Ditto Cia Nacional 22 American Legion—New York American Commercio de Café 100 Coffee Ditto Corp. 4.857 jj Oswaldo Tardim & Cia 50 Ditto Ä A. Silva & Cia 725 Ditto Hard, Rand & Cia 50 5.582 Ditto S. Pereira & Cia 25 23 Gregos Copenhaguen Theodor Wille & Cia 701 Ditto— Iquique Ornstein & Cia 150 Ditto „ A. Sion & Cia 250 Ditto Leon Israel Co S-A 150 Ditto „ Hard, Rand & Cia 188 Ditto—Antofogasta Hard, Rand & Cia 80 Ditto „ E. G. Fontes & Cia 125 4.281 Ditto „ Levy Salem & Cia 125 28 Kr. Margareta—B. Aires Theodor Wille & Cia 1.425 Ditto „ E. Johnston & Cia, Ditto ,. Pinheiro Ladeira Ltd 91 & Cia 1.250 Ditto—Thisted Theodor Wille & Cia 62 Ditto Norton jj Megaw & Cia 84 Ditto-Helsingfors Mc. Kinlay & Cia 125 "1759 Ditto-Abo Mc. Kinlay & Cia 125 29 ~L792 Asturias—Lisboa Vivacqua Irmãos & Cia 100 Ditto—Santander Mc. Kinlay & Cia 125 24 Swiatowid—Havre Vivacqua Irmãos & Cia 1.000 Ditto—Cap. Town E. G. Fontes & Cia 50 Ditto Ä Ornstein & Cia 250 Ditto—East London Theodor Wille & Cia 25 L25Õ Ditto— Durban Theodor Wille & Cia 50 24 Northern Prince—B. Aires Ornstein & Cia 900 Ditto-Lourenço Marques Theodor Wille & Cia 25 Ditto Vivacqua „ Irmãos & Cia 600 375 Ditto „ Pinheiro Ladeira & Cia 200 Total Overseas 54.922 Ditto „ Battermann & Cia 200 Ditto „ Magalhães & Cia 200 SANTOS. Ditto „ Hard, Rand & Cia 100 May, 30 — 1929. 20 Cabo Ditto „ Tude Irmão & Cia 100 Quilates—Barcelona Leon Israel Co S/A 62S Ditto Ditto—Montevideo Vivacqua Irmãos & Cia 100 jj Hard, Rand & Cia 625 Ditto Ditto „ Tude Irmão & Cia 100 >j Andrade Junqueira & Cia 250 2.500 Ditto 25 Cap Norte -Hamburg Theodor Wille & Cia 1.747 j> Naumann, Gepp Ditto Ä Vivacqua & Cia, Ltd 250' Irmãos & Cia 250 Ditto Ditto Ä E. G. Fontes jj Theodor Wille & Cia 125 & Cia 250 Ditto Ditto Ä Mc. 5) Almeida Prado & Cia 125 Kinlay & Cia 250 Ditto Ditto Ä Hard, Rand & Cia 125 >> Ramon Sanchez & Cia 26 Ditto- Genoa Troncoso Hermanos 2.622 & Cia 1.750 *., '¦ '¦';'/ August 8, 1929. WILEMANS BRAZILIÁN REVIEW 865 Ditto—Gijon Ramon Sanchez & Cia 210 Ditto Sampaio Bueno & Cia 320 Ditto—Valencia Naumann, Gep'p Ditto Andrade Junqueira & Cia, Ltd 200 & Cia 250 Ditto—Larache Hard, Rand & Cia 125 Ditto R. A. Danon & Cia 250 Ditto— Gib ral tar Nossack & Cia 50 Ditto >1 Leon Israel Co S/A 250 Ditto—Naples N. Pizarro & Cia 25 Ditto Junqueira, Meirelles 4.386 & Cia 250 _20 Giulio Cesare- Genoa Nossack & Cia 750 Ditto „ Prudente, Ferreira Ditto „ Cia Paulista de & Cia 250 Exportação 750 Ditto Oliveira, Osório & Cia 250 Ditto Ä Cia Leme Ferreira 394 Ditto Soe. Nacional Ditto Ä Hard, Rand & Cia 375 Exportadora, Ltd 250 Ditto Ä Martins, Wright Ditto Arbuckle & Cia 250 & Cia, Ltd 250 Ditto Thomas E. Rittscher 242 Ditto Ä Ferreira Ruivo & Cia 250 Ditto Franco, Soares & Cia 10 Ditto Ä J. C. Mello & Cia 250 29.629 Ditto—-Livorno Theodor Wille & Cia 125 21 Conehatta-—Bosti American Coffee Corp. 2.750 3.144 Ditto Theodor Wille & Cia 2.250 .20 Zeelandia—Amsterdam Theodor Wille & Cia 2.254 Ditto Naumann, Gepp Ditto *t Naumann, Gepp & Cia, Ltd 1.765 & Cia, Ltd 1.535 Ditto Sampaio Bueno & Cia 1.750 Ditto Junqueira, Meirelles Ditto E. Johnston & Cia, & Cia 750 Ltd 1.750 Ditto >> Oswaldo Ferreira & Cia 725 Ditto J. Aron & Cia, Ltd 750 Ditto 5) Hard, Rand & Cia 500 Ditto Andrade Junqueira Ditto 11 Raphael Sampaio & Cia 375 & Cia 500 Ditto n Andrade Junqueira Ditto Hard, Rand & Cia 500 & Cia 251 Ditto Almeida Prado & Cia 375 Ditto S. A. Levy 250 Ditto—Philadelphia S. A. Levy 1.250 Ditto J. Aron & Cia, Ltd 250 Ditto Theodor Wille & Cia 750 Ditto Leon Israel Co S/A 125 Ditto Lima, Nogueira & Cia 500 Ditto—Consumption J. Thornton & Cia 3 Ditto Martins, Wright 7.018 & Cia, Ltd 250 20 Monte Olivia—Hamburg Asiatic Trading Corp. 1.000 Ditto Cia. Leme Ferreira 250 Ditto „ Cia Prado Chaves 375 15.390 Ditto „ Theodor Wille & Cia 350 22 Sócrates—New York American Coffee Ditto „ Sampaio Bueno & Cia 250 Corp. 10.500 Ditto „ Leon Israel Co S/A 250 Ditto Soe. Nacional Ditto „ Lima, Nogueira & Cia 250 Exportadora, Ltd 1.500 Ditto .„ Almeida Prado & Cia 125 Ditto Arbuckle & Cia 750 Ditto „ Raphael Sampaio & Cia 125 Ditto Hard, Rand & Cia 619 2.725 Ditto Andrade Junqueira _21 Cabo Tortosa—Buenos Aires Eduardo M. & Cia 500 Flafers 355 Ditto E. Johnston & Cia, Ditto ,„ Vidal & Cia 250 Ltd 250 & Cia 247 605 Ditto Franco, Soares 1:21 American Legion- -New York Naumann, Gepp 14.366 & Cia, Ltd 2.925 22 Cubano—New York American Coffee Ditto Rangel, Oliveira Corp. 4.000 & Cia 2.358 Ditto 5J Hard, Rand & Cia 2.750 Co S/A 1-554 Ditto >. E. Jobnston & Cia, Ditto 5> Leon Israel Ltd 2.300 Ditto Ennor & Cia, Ltd' 750 ; Ditto J. Aron & Cia, Ltd 2.250 Ditto >> Andrade Junqueira ; Ditto Theodor Wille & Cia 2.142 & Cia A- 500 Ditto Lima, Nogueira & Cia 2.125 Ditto Sampaio Bueno & Cia 325 Ditto Almeida Prado & Cia 2.125 Ditto R. A. Danon & Cia 250 Ditto Cia Leme Ferreira 1.551 Ditto—Consumption Lars Packness 2 1 Ditto „ American Coffee Corp. 1.500 10.131 Ditto . Martins, Wright 22 Crux—Oslo Theodor Wille & Cia 125 1.500 & Cia, Ltd Ditto—Bergen Hard, Rand & Cia 125 1.275 Ditto Oswaldo Ferreira & Cia Ditto— Copenhaguen C. Mello & Cia 125 1.250 J. Ditto S. A. Levy 375 Ditto iNioac & Cia, Ltd 1.000 : Ditto A. Ferreira & Cia 906 23 Swiatowid—Havre Whitaker, Brotero Ditto Ribeiro de Barros & Cia L500 Nioac & Cia, Ltd 1.500 & Cia 500 Ditto yt Ditto Sion & Cia 500 Ditto Theodor Wille & ,Cia 1.000 Ditto Vidal & Cia 500 Ditto Prudente Ferreira .Ditto -Silva, Ferreira & Cia 350 & Cia 1.000 866 WILEMANS BRAZILIAN REVIEW August 8, 1929. ¦HIIIIHII imm» Ditto 1 Queiroz dos Santos 375 Ditto 35 Rebello, Alves & Cia 333. Ditto 33 Oswaldo Ferreira & Cia 250 THE TEA Ditto 33 A. Ferreira & Cia 250 Ditto TheodorWille & 5» & Cia 250 25.222 COFFEE TRADE JOURNAL ¦ 23 Paraná— Rotterdam Theodor Wille & Cia 2.500 Ditto íj Cia Paulista de Exportação 125 Published 2.625 monthly on the lOth 24 ai 79, Kawachi Maru'—Kobe Andrade Junqueira ¦ Wall Street, New York & Cia 200 Ditto—Cape Town Aron & Cia, Ltd J. 25 The International Organ of 225 the Tea and Coffee Trade 24 Cap Norte—Hamburg Naumann, Gepp & Cia, Ltd 1.486* Ditto 55 Cia Prado Chaves 1.000 Ditto , By Subscription 55 S. A. Levy 500 Ditto 55 Leon Israel Co S-A 375 _ $3.00 per annum. Ditto '5 Theodor Wille & Cia 300 _ Advertising Rates on Application Ditto 55 Sampaio Bueno & Cia 250; Ditto 1 SJ Raphael Sampaio & Cia 250 Ditto æ Subscriplions and Advertising received by: 55 J. Aron & Cia, Ltd 200 Ditto ¦ 55 Cia Leme Ferreira 192 Ditto 55 Soe. Nacional Wileman's Brazilian Review Exportadora, Ltd 125 | Ditto Franco, for Brazil) 55 Soares & Cia 125 _ (Agents Ditto 51 Baccarat & Cia 105 1 Ditto- Stettin Naumann, Gepp RUA S. PEDRO, 61-lo., CAIXA POSTAL (P.O.B.) 809. | & Cia, Ltd 125 Rio de Janeiro TÕ33 ¦IIIIIHIillKIIBIIIIHIIiinillllllllli g 25 Josephine Charlotte- -Antuérpia Theodor Wille & Cia 1.625 Ditto Ä Naumann, Gepp Ditto Cia Leme Ferreira 1.509 & Cia, Ltd 750 Ditto J. Aron & Cia, Ltd 1.150 °ittc> „ Almeida Prado & Cia 750 Ditto Naumann, Gepp Ditto „ Soe. Nacional & Cia, Ltd 964 Exportadora, Ltd 500 Ditto Hard, Rand & Cia 750 Ditto „ J. Aron & Cia, Ltd 500 Ditto Prudente Ferreira Ditto „ Franco, Soares & Cia 500 & Cia 375 Ditto „ J. C. Mello & Cia 125 Ditto Almeida Prado & Cia 375 Ditto „ Nossaek & Cia 125 Ditto Bartholomei, Serra Ditto „ Theodomiro Freitas 1 & Cia 375 Ditto 8.251 Cia Prado Chaves 250 23 Casey—New Orleans Leon Israel Co S/A 3.250 Dittp Leon Israel Co S-A 125 Ditto „ Naumann, Gepp Ditto S. A. Levy 125 Ditto & Cia, Ltd 2.800 Nossaek & Cia 125 Ditto Ditto „ J. Aron & Cia, Ltd 2.514 Sion & Cia 125 Ditto „ American Coffee Ditto Theodomiro Freitas Corp. 2.500 & Cia 1 Ditto „ Cia Leme Ferreira 1.850 7.874 Ditto „ Oliveira, Osório & Cia 1.250 25 Voltaire—New York American Coffee Ditto „ Hard, Rand & Cia 1.250 Corp. 8.500 Ditto „ Almeida Prado & Cia 1.125 Ditto 55 J. Aron & Cia, Ltd 1.375 Ditto „ Junqueira, Meirelles Ditto 55 Leon Israel Co S-A 1.351 & Cia 1.000 Ditto 55 Eduardo M. Hafers 1.000 Ditto „ Martins, Wright Ditto 55 E. Johnston & Cia, & Cia, Ltd 1.000 Ltd. 1.000 Ditto „ Eduardo M. Hafers 1.000 Ditto 55 Theodor Wille & Cia 827 Ditto „ E. Johnston & Cia, Ltd 750 Ditto 55 Naumann, Gepp Ditto „ Lima, Nogueira & Cia 750 & Cia, Ltd 800 Ditto „ Cia Prado Chaves 750 Ditto 5» Oliveira Osório & Cia 750 Ditto „ Nossaek & Cia 600 Ditto 55 Lima, Nogueira & Cia 750 Ditto „ Sampaio Bueno & Cia 500 Ditto 5» Cia Paulista de Ditto „ Prudente Ferreira Exportação 750 & Cia 500 Ditto 55 Rangel, Oliveira & Cia 55a Ditto „ Andrade Junqueira Ditto » Cia Leme Ferreira 500 & Cia 375 Ditto 55 Sampaio Bueno & Cia 500- ift """>..: : '\-rAS'.' ¦'".*¦¦ .*¦'¦¦',-'¦¦¦' ".- .-'..*' 2c''2'!SiSé^í^-^i^^:W^2A :'S-:'¦-., *: *¦'.."". -.' .:'.*¦ >' .¦'-. ¦ ¦¦¦¦/-: . ,' August 8, 1929: WILEMANS BRAZILIAN REVIEW 867 :A;'-;'S':A'v '•" Ditto Hard, Rand & Cia 500 RUBBER ¦¦' . ¦ *"-..;-¦, Ditto »* Ârbuckle & Cia 500 Ditto >» Almeida Prado & Cia 503 HARD FINE PARÁ-Was quoted on 3rd August. 1929, Ditto Martins, Wright aecording to a cable from our own cprrespondent of same & Cia, Ltd 250 date, as follows: — Ditto Oswaldo Ferreira & Cia 250 London*, 11 l/2d per lb.; Pará, 3$050 per Kilo, as against 20.653 11*7_ d and 3$000 respectively on 27th luly, 1929 and ll»/4 d 25 West Cactus—S. Fr ancisco Calif. Leon Israel and 3$000 on 4th August, 1929. Co S-A 2.300 Ditto Almeida Prado & Cia 1.103 NEW YORK RUBBER PRICES, WEEK ENDING íth Ditto J. Aron & Cia, Ltd 875 August 1929 CABLE). Ditto Andrade Junqueira (BY 31 st 1 t 2nd 3rd 5th 6th & Cia 625 Upriver Fine Washed & Ditto >> E. Jobnston & Cia, Dried ...... 268/4 265/, 26»/, 266/, 26»/, 26°/, Ltd. 500 Upriver Fine .... 221/, 22-/4 22t/4 22J4 221/, 221/, Ditto Lima, Nogueira & Cia 425 Upriver Coarse ..... ll*/8 U*/a uj2 n-/_ íl-i/j n^ Ditto . „ Martins, Wright Caucho Bali . n1/, HV_ ll./_ 11'/, il1/. ll8/, & Cia, Ltd 250 Pará Island Fine . . _o*/8 l0-/8 l0_/s 10*/, 10*/8 101/» Silva, Ferreira & Cia 250 Ditto Pará Island Coarse . io»/s l_!/8 108/8 108/, 10"/8 10*/, Ditto—San Pedro Almeida Prado & Cia 750 Plantation Smoked Ditto Hard, Rand & Cia 250 Sheets ...... 21 21 21 21 21 207'8 Ditto Leon Israel Co S-A 250 Do. Late Crepe . . . 22./8 22J, 22j8 22 22 2l7/8 Ditto J. Aron & Cia, Ltd 250 Stock Orient rubber in Ditto Lima, Nogueira & Cia 50 U. S. A. on 6th August, 138,098 Market Steady. Ditto—Seattle Leon Israel Co S-A 1.030 Ditto E. -' Johnston & Cia, PARA RUBBER MOVEMENT AND PRICES (BY Ltd. 550 CABLE). The Movement of rubber at Pará during week Ditto Naumann, Gepp ending 3 Aug. 1929, was follows:— Kilos & Cia, Ltd 250 Stock on July 27 1929 ...... 1.859.444 Ditto Lima, Nogueira & Cia 150 Entries during the week ending Aug. 3. 189.414 uiT.T.0—Varicouver Leon Israel Co S-A 60j Available 2.048.858 Ditto J. Aron & Cia, Ltd 450 Clearances during the same week: Ditto-Portland J. Aron & Cia, Ltd 125 To United States . ... . 340.798 Ditto—Tacoma J. Aron & Cia, Ltd 125 To Europe ..... 76.881 To Sundry .... 8.400 426.079 ÍTTÍ25 ports ~. Stock on 26 Alegrete--New Orleans Almeida Prado & Cia 7.062 July 27 1929 . . . \ T 1.622.779 Ditto Theodor Wille & Cia 4.703 Spot priees were quoted in Aug. 3. as follows per kilo:— Ditto »> J. Aron & Cia, Ltd 2.911 Aug. 3 July 27 Ditto Vicri S-A 2.000 Upriver fine ...... 31000 3$000 Ditto A. S. Miehelet & Cia 2.000 Upriver coarse . . . , . . 1$300 1$200 Ditto S. A. Levy 1.068 Island fine 2$200 2^200 Ditto Lima, Nogueira & Cia 750 Island coarse . . * . . ,. . . 1$200 1$200 Ditto E. Johnston & Cia, Caucho Bali ...... 1$400 1$400 Ltd 750 Ditto Queiroz dos Santos 503 There are newspapers are read by milíions, but their Ditto •> Vicente C. Mello 500 circulation are more often than not confined to the coun. Ditto Rangel, Oliveira & Cia 500 try of domicile. We do not profess to have a circulation _J "Wileman's & Cia 480 of imillions, but can assure our readers that Ditto JJ Ferreira Ruivo Brazilian Review" has a world-wide circulation. Its value Ditto J> Bartholomei, Serra & Cia 250 as an advertising médium is, therefore, obvious. Ditto Andrade Junqueira & Cia 160 iJIÍIIUIIIiilItJIIHIIIiniBIllllHlilllBl^linJlllBllilIUI Cia 6.503 Ditto—Houston Theodor Wille & __ Ditto j: Aron & Cia, Ltd 1.030 Enfermos Ditto jj Vicri S-A 503 Ditto Rangel, Oliveira & Cia 250 de los 31.881 26 Northern Prince—B. Aires Baccarat & Cia 244 Ditto Theodor Wille & Cia 225 "LOIDU" Único produeto Italiano de fama mundial g 469 æ Que friecionando en Ias sienes refuerza ei nervio || Total Overseas 201.127 A óptico quita ei cansancio de los ojos evita ei uso de §§ J lentes incluso septuagenários recuperandose en poucos ¦ _ dias una vista envidiable No mas míopes, presbitas g COATWISE J ni vista debites. m 23 Campeiro—Porto Alegre G. C. S^veira 50 _ PEDID HOY MISMO EL | 24 Itauba—Rio de Janeiro Theodor Wille & Cia 250 0 INTERESSANTE LIBRO GRÁTIS J 2\ Aráçatuba—Porto Alegre Vicente C. Mello 150 , DireccionPlazza General: UGO MARONE | Ditto—Pelotas Vicente C. Mello 75 Falcone ai Vomero. 1 (Itália) NAPOLI j_t 1 Total Coastwise 1$25 mm 868 WILEMANS BRAZILIAN REVIEW August 8, 1929. QUOTATIONS OF COTTON AND SUGAR IN FOREIGN MARKETS. Rio de Janeiro Liflliterage Co_, Ltd. | Week ending lst August, 1929. 8 COTTON SERVICE 26 27 29 30 31 lst Aug.. Lighterage Contractors, Stevedores, Tug and X Launch Owners, Liverpool 12,30 pm Salvage Operators. S Pernambuco Maceió fair Spot 10,38 10,32 10.21 10,32 10,45 10,46 American middling Spot . . 10,58 10,52 10.41 10,52 10,60 10,66 ,, futures October . 10,06 1001 9,88 10,12 10,11 10,17 . 10,03 Fleet—Over 165 Lighters: 20,000 tons total b ' January 9.98 9,85 10,08 10,08 10,16 capacity. „ March . . 10,07 10,02 9,91 10,14 10,13 10,-2 May . . . 10,09 10,04 9,93 10,16 10,16 10,24 RAPID HANDLING OF CARGO GUARAN New York American Middling Uplands TEED. 18,70 18,65 18,75 18,90 19,20 19,20- New York American Futures "Emily" October Salvage Tug equipped with Modern S 18.70 18,64 18.75 18,88 19,14 19,18 §B Salvage Appliances. New York American Futures January 18,91 18.83 18,92 19,05 19,36 19,46 New York American Futures March 19,12 19,04 19.12 19.24 19,58 19,66 RIO DE New York American futures JANEIRO May 19.32 19,24 19.31 19,42 19.75 19,82 b .v, ..„_ 75, Rua Visconde.„,„„„__ deuy Itaborahy,um,..-..,, 75,. « SUGAR SERVICE O. BOX 1164. S London Futures August P. . . , 10/6 10/7 1/2 10/9 10/3 10/3 10/6 December TELEGRAMS — "LIGHTERAGE „ 11/1 12 11/3 11/11/2 10/101 2 U/- U/1 1/2- RIO- March. § . . U/6 U/6 U/6 U/1 1/2 U/4 1/2 11/6 JANEIRO". May . . . . 11/9 U/9 11/7 1,2 11.4 1/2 11/7 1/2 _ 11/7 1/2 A. B. C. 4th Ed., LIE- fi Codes-BENTLEY'S, New York futures September BER'S, 2,16 Holiday 2,10 2,07 2,10 2,-4 A. 1 5j '•> December 2,25 do 2,19 2,16 2,20 2,23 — » March 6 LONDON Dashwood House, Old Broad & . 2.29 do 2,22 2,19 2,23 2,27 » May . . 2,35 Street, E. C. 2 § do 2,28 2,25 2,29 232 2 , ENQUIRIESm INVITED. IS COTTON. The Pernambuco Market closed on 3'Íst íuly, with first _pooooooooooooooooosopoooooocooooooooooooo 8309 quoted as follows, per kilo: crystal $633 t > $667, Demeraras Deliveries during the sames week .. j ••¦¦•-... _^__9^0 nominal; Mascavinho nominal; Mascavo, $617 to $650. Stock on 31 July 1929 Ditto, 1 July, 1928 The movement at Rio de Janeiro for the week ended .'....!.!___." 8.042 31 July, 1929, was as follows : Stock on 24 July 1929 /-. 209.216 WILEMANS BRAZILIAN Entries during the same week ended 31 REVIEW. July... 107.394 We beg to Available 316.610 reirmid our readers that our offices have been moved to rue §ão Pedro, Deliveries during the same week 76.798 61, lo andar, sala 3, to which ali local Communications should be forwarded. Ditto, on 31 1928 239.812 Mai- July, led ünatter, however ,should be addressed Stock on 1 Aug., 1929 111.886 to Caixa do Correio (P. O., Box) No. 809, Rio. æ ,—, ¦! ;¦¦". • ¦¦'. ':7"áX_ August 8, 1929. : -¦'¦.'¦.\í:\;. WILEMANS BRAZILIAN REVIEW 869 S H I P PING CHARGEURS RÉUNIS-SUD ATLANTIQUE ARRIVALS OF VESSELS AT THE PORT OF SANTOS KERGUELEN expected from Europe 15 Aug. © During the four months—January to April. GROIX expected from Europe 27 Aug.. LUTETIA expected from Europe 4 Sept. Flag:— Number Tonnage LIPARI expected from Europe 8 Sept. 1928. 1929. 1928. 1929. EUBEE expected from Europe "f Brazilian 15 Sept. 504 477 716.626 679.402 SWIATOWID expected from German the Plate 12 Aug. 100 94 551.350 495.308 MASSILIA expected from the Plate Danish 19 Aug. 25.933 22.576 CEYLAN expected from the Plate French 24 Aug. 62 45 307.497 220.832 KERGUELEN expected from the Plate Spanish 7 Sept. 28.948 25.854 LUTETI A expected from the Plate 16 Sept. Dutch 32 36 146.496 140.481 British 149 147 798.729 780.944 FURNESS Italian 43 45 248.057 335.028 PRINCE LINE Japanese 11 14 348.516 i 259.560 Houlder Brothers 8c Co., Limited, Agents. American 64 66 302.024 279.152 M-S NORTHERN PRINCE leaves Rio 2lst Aug. for Bahia, Norwegian 40 31 103.484 79.696 Trinidad and N. York Swedish ,, 26 24 71.47.4 61.860 M-S EASTERN PRINCE due Rio from N. York 29th Aug., Miscellaneous 30 29 54.517 53.888 sails for Santos, Montevidéo and B. Aires M-S EASTERN PRINCE leaves 18th 1.077 1.022 3.403.651 Rio Sept. for Bahia, 3.234.581 Trinidad and N. York M-S SOUTHERN PRINCE due Rio from N. York 12th Steamers' Movement Sept. sails for Santos, Montevidéo and B. Aires THE ROYAL MAIL STEAM PACKET COMPANY. M-S SOUTHERN PRINCE leaves Rio 2nd Oct. for Trini- ALMANZORA left Rio 5. 8. 29 for Santos and Plate dad and N. York ALCÂNTARA due Rio 16. 8. 29 for Santos and Plate ',: ** íV'«,' , ¦¦ , ¦¦'.-. ASTURIAS due Southampton 9. 8. 29 homewards PRINCE LINE ¦ - ANDES arrived Southampton 31. 7. 29 homewards (Houlder Bros. & Co., Ltd., Agents) DARRO due Rio 8. 8. 29 from Liverpool S-S CORSICAN PRINCE loads for Trinidad, N. York and DESEADO due Rio 22. 8. 29 for Santos and Plate Boston 30th Aug. DESNA arrived Liverpool 2. 8. 29 homewards M-S CASTILIAN PRINCE loads for Trinidad, N. York and * DEMERARA left Rio 31. 7. 29 for Lisbon direct Boston 21 Sept. GLENFINLAS left Rio 2. 8. 29 for River Plate S-S SARDINIAN PRINCE at New York HIGHLAND WARRiOR left Rio 6. 8. 29 for River Plate M-S BRAZILIAN PRlNCE en route for N. York HIGHLAND ROVER due Rio 13. 8. 29 for Plate River S-S OCEAN PRINCE discharging in port. HIGHLAND MONARCH left 5. Rio 8. 29 for Las Palmas S-S MANCHURIAN PRINCE loading in N. York for Rio and Europe and Santos SIRIS due Paranaguá 8. 8. 29 for Santos, etc. S-S PORTUGUESE PRINCE at River Plate SAMBRE expected and leave Rio Grande 9. 8. 29 for San- _* tos, etc. ¦SOMME left Rio 1. 8. 29 for Santos, etc. MUNSON STEAMSHIP LINES. due Rio 19. 8. 29 for Santos,- etc. Federal Express Co. — General Agents. SEVERN left Bahia 1. 8. 29 for Europe PAN AMERICA leaves B. Aires Aug. 8th, Montevidéo Aug. NAGARA due Rio 12. 8. 29 for Liverpool 9th, sails Santos Aug. 13th, Rio Aug. 14th, due New BALLENA left Rio 31. 7. 29 for St. Vincent and Europe York Aug. 27th, calling Trinidad SOUTHERN CROSS left Bahia Aug. 2nd, due New York LAMPORT & HOLT, LTD. Aug. 13fh WESTERN WORLD left N. York 27th, due Rio Aug. VOLTAIRE leaves N. York 31. 8. 29 for Barbados, July Rio, 8th', Santos Aug. 9th, Montevidéo Aug. 12th, Bue- Santos, Montevidéo and B. Aires nos Aires Aug. 13th VAUBAN leaves Rio 18. 8. 29 for Trinidad, Barbados and AMERICAN LEGION New York leaves N. York Aug. lOth, aue Rio Aug. 22nd, Santos Aug. 23rd, Montevidéo Aag. 26th, VANDYCK due Rio 19. 8. 29 for Montevidéo and Buenos B. ".-."-;'. Aires Aires Aug. 27th PHIDIAS leaves Santos 7. 8. 29 for Bahia and N. York MUNSON STEAMSHIP LINE. BONNEUR leaves Santos 21. 8. 29 for Victoria and New- York and Boston Federal Express Co. — General Agen-ts. 1ÇOSSETTI leaves Rio 9. 8. 29 for Santos, Rio and Rio Gargo Vessels. Grande WALTER D. MUNSON in Santos discharging and loading, RAEBURN due Rio 24. 8. 29 for Santos and R. Grande sails Aug. 8th, calling Rio Aug. 9th, sails Aug. lOth «ERSCHEL due Rio 7. 9. 29 for Santos for N. York direct BI ELA leaves Rio Grande 9. 8. 29 for Montevidéo 3TRABO due Rio 12. 8. 29 for Santos, La Plata and San- MC CORMICK STEAMSHIP CO. A. B. LINE). ta Fé (P. Corgo Service. WEST MAHWAH left Bahia July 26th for thé Pacific ports N1PPON YUSEN KÀISHA of U. S. A. (Lamport & Holt, Agents) HOLLYWOOD due Santos Aug. 5th, sails lOth for Bahia WAKASA MARU leaves Rio 26. 8. 29 for» Cape Town, and Paciffic ports of U. S. A. African ports and the Far Ea6t THE NORWEGIAN SOUTH AMERICA LINE 870 WILEMANS BRAZILIAN REVIEW August 8, 1929. Fredrik Engelhart, Agent. HAMBURG - SUEDAMERIKANISCHE PARA due to leave Rio 15th Aug., for Denmark, Iceland, DAMPFSCHIFFFAHRTS - GESELSCHAFT, HAMBURG.. Finland, Norway and Baltic ports Theodor Wille & Co., Agents. BRA-KAR due to load Rio abt. 26th Aug. for Denmark, CAP ARCONA left Rio 2nd Aug. for Hamburg Iceland, Finland, Norway and Baltic ports CAP POLÔNIO at Hamburg LISTA due to load Rio early Sept. for Denmark, Iceland, CAP NORTE leaves Rio lOth Aug. for Hamburg Finland, Norway and Baltic ports ANTÔNIO DELFINO left Pernambuco 29th July for Ham- CRUX due to load Rio 2nd half Sept. for Denmark, ,Ice- burg land, Finland, Norway and Baltic ports MONTE CERVANTES left Hamburg 8th Aug. for Spitz- CRUX due to arrive 19th inst. for Santos and Buenos Rio bergen; pleasure cruise Aires MONTE OLIVIA left Hamburg lst Aug. for Brazil and. BAYARD due to leave 23rd Aug. for Rio and Santos Argentina COMETA due to leave Norway 3rd Sept. for B. Aires MONTE SARMIENTO left Rio 5th Aug. for Argentina BORGLAND due to leave Norway 7th for San- Sept. Rio, ARGENTINA en route for Hamburg from Bahia Blanca tos and B. Aires BAHIA ieft Hamburg 30th July for South Brazil ports BILBAO left Hamburg 25th July for Mid-Brazil ports OSAKA SHOSEN KAISHA. ENTRERIOS discharging at Rio Grande S. Wilson Son_ & Co., Ltd., Agents. ESPANA left Rio 18th July for Hamburg s.s. HAWAII MARU arrived in Kobe 4th Aug. from South LA CORUNA discharging at B. Aires America MAASDIJK left Hamburg llth July for Mid-Brazil ports m.v. LA PLATA MARU sailed Cristobal 3rd. Aug. for PARANÁ left Hamburg 9rh July for South Brazil ports Los Angeles, Yokohama and Kobe PERNAMBUCO leaves Hamburg 20th Aug. for South Bra- m.v. SANTOS MARU sailed Rio 24th July for N. Orleans, zil ports Galveston, Cristobal, Los Angeles, Yokohama and Kobe RIO DE JANEIRO left Rio 7th Aug. for Hamburg s.s. MANILA MARU sailed Cape Town 30th July for Rio SANTA FE left Rio 16th July for Hamburg (arr. and sails 9th Aúg.), Santos, Montevidéo and SANTA THERESA discharging at Hamburg B. Aires TENERIFE discharging at Rio Grande m.v. MONTEVIDÉO MARU sailed Singapore 6th Aug. for VIGO loading in Argentina Colombo, Durban, Cape Town, Rio (arr. and sails VILLAGARCIA leaves Hamburg lOth Aug. for Brazil and Sept. 7th) Santos, Montevidéo and B. Aires Argentina BLUE STAR LINE. HAMBURG - AMERIKA LINIE, Wilson Sons & Co., Ltd., Agents. HAMBURQ. Theodor Wille & Co., s.s. ÁVILA STAR sailed Rio 30th July for St. Vincent, Agents. Madeira, Lisbon, Plymouth, Boulogne and London BADEN discharging at Hamburg s.s. ALMEDA STAR sails B. Aires 9th Aug. for Montevidéo, BAYERN left Hamburg 24th July for Brazil and Argentina WUERTTEMBERG Santos, Rio (arr. 12th sails 13th) St. Vincent, Ma- leaves Hamburg 24th Aug. for Bra- deira, Lisbon, Plymouth, Boulogne and London zil and Argentina s.s. ANDALUCIA STAR sailed Madeira 6th Aug. for St. GENERAL BELGRANO leaves Hamburg 16th Aug. for Brazil Vincent, Rio (arr. 16th sails 17th) Santos, Montevidéo and Argentina and B. Aires GENERAL MITRE left Hamburg 7th Aug. for Brazil and s.s. AVELONA STAR sails London 15th Aug. for Boulogne, Argentina GENERAL OSÓRIO Lisbon, Madeira, St. Vincent, Rio (arr. 30tfí, sails left Rio 6th Aug. for Hamburg ADALIA leaves 31st) Santos, Montevidéo and B. Aires Hamburg 17th Aug. for Mid-Brazil ports, s.s. ARANDORA STAR on 4th Norwegian cruise ALBINGIA en route for Hamburg from Argentina s.s. GAELICSTAR sails Rio 9th Aug. for London direct ANTIOCHIA en route from Santos to Argentina s.s. NORMANSTAR sails Rio 31st. Aug for London direct ARTEMISIA en route for Hamburg from Argentina DENDERAH discharging at Santos NORDDEUTSCHER LLOYD, BREMEN. FEODOSIA en route for Hamburg from Argentina GEÓRGIA Herm. Stoltz & Co., Gen. Agents — Av. Rio Branoo, 66/74. left Antwerp 13th July for Brazil and Puerto de Ia Plata SIERRA CORDOBA left Rio 23rd homewards for July HOLM left 2nd Europe and arr. lOth Aug. in Bremen Rio Aug. for Hamburg KYPHISSIA left Hamburg SIERRA MORENA left Bremen 5th Aug. for South America 3rd Aug. for Mid-Brazil ports LUEBECK left Antwerp 26th and. arr. 23rd Aug. in Rio July for Mid-Brazil ports and Bahia Blanca SIERRA VENTANA in Bremen, leaves Bremen 16th Sept. NIEDERWALD en route for Hamburg for Soufh America and arr. 4th Oct. in Rio from Argentina PALATIA discharging at Rio MADRID left Rio 4fh Aug. for La Plata ports and arr. lOth Aug. in B. Aires WERRA in Bremen, leaves Bremen 12th' Aug. for South IMPORTANT NOTICE. America and "Wileman's arr. 3rd Sept. in Rio Brazilian Review" circulates in 31 coun- WESER in Bremen, leaves Bremen 2nd Sept. for South tries, in the two hemisphere and in 123 different cities, America and arr. 23rd Sept. in Rio and towns, of which 31 in Brazil, 17 in the United Sta- GOTHA left Rio lOth Aug. homewards for North Brazil tes, 14 in the United Kingdom, 7 in Sweden, 6 in Fin- and Europe and arr. 31st Aug. in Bremen land, 4 in Germany, 4 in Italy, 4 in Norway, 4 in ERFURT left Hamburg Ja- 18th July and arr. lOth Aug. in pan, 3 in France, 3 in Holland, 3 in Switzerland, 3 in Rio South África, 2 in Argentina, 2 in Belgium, 2 in Egypt, ARTA leaves Rio first half Aug. for Hamburg and Bremen 2 in Denmark and Venezuela and 1 each in Uruguay, HAMELN left Hamburg 29th for South America July and Chile, Peru, Salvador, Áustria, Czechoslovakia, Latvia, Rou^ arr. 20th Aug. in Rio mania, Austrália/ Java, índia and Dutch East Indies. fe