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A WKKLT JOÜRN^ «r TIUW. flNÁNI* ECONÒMlp, AND SHiPMNa •-•.. / ¦ . fiSTABLlSHBD 1898 v
VOL. 20
RIO DE JANEIRO. THURSDAY. MARCH 21. 1929
N. 12
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SAILINGS (1929) TO EUROPE MOTOR SHIPS ASTURIAS
3 Apr.
ALCÂNTARA
1 May
ASTURIAS.
28
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ALCÂNTARA
27 Jun,'
ASTURIAS
3 Aug.
«A '»
A" STEAMERS
ANDES 24 ARLANZA H ALMANZORA 21 ANDES 19 ARLANZA 9 ALMANZORA 16 ANDES §
Mar. Apr. . May Jun. * July
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D" STEAMERS
DARRO DESEADO DESNA DEMERARA DARRO DESEADO DESNA DEMERARA
9 Apr. 23 Apr. 7 May 21 » 18 Jun 2 July* 16 > 30 July
MAKE YOUR RESEBVATI.ONS NCW THE ROYAL MAIL STEAM PACKET COMPANY BIO DE JANEIRO; AVENIDA RIO BRANCO, 51/55-TEL. 8000 N,
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March 21, 1929;
WILEMANS BRA7HIAN REVIEW.
LON-l 'Locomotiva
Marca Registrada
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CANVAS
WATER PROOF
FOR
ALL
RQTPROOF
PURPOSES
CQVERS, RAILWAY BOAT TENTS, SAILS. CQVERS, HATCH AWNINGS, MOTOR-CAR, WAGGON COVERS, CART CQVERS. TRAMCAR BLINDS, etc. HOODS, SUNBLINDS, FILTERS for SUGAR FACTORIES, ¦
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MANUFACTURED BY
The 5áo Paulo fllpamatas Company SOLE SELLING AGENTS EDWARD
ASHWORTH
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Co. — Rua S.
Bento, 26, Caixa 675 —RIO DE JANEIRO.
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SÀO PAULO Rua do Carmo, 13 — Caixa 559
Booth Line, Liverpool Regular Service of Passenger and Cargo Steamers Between
NEW YORK, NORTH, MID and SOÜTH BRAZIL (CALLING AT BARBADOS) also between LIVERPOOL, HAMBURG, ANTWERP, HAVRE, VIGO, OPORTO, LISBON, MADEIRA, PARÁ, MANÁOS, MARANHÃO, CEARÁ, PARNAHYBA, IQUITOS. Agents for NORTH and SOUTH AMERICA Frederick von Sohsten I BAHIA PARA PERNAMBUCO MANAOS NATAL Julius von Sohsten RIO DE JANEIRO MARANHÃO \ - „, . ~ „,.„. ,M CABEDELLO S. A. Wharton Pedroia SANTOS CEARA ?Boo.h_.Co.(Ld.._L*<_ MACEIÕ R. B. Paterson. RIO GRANDE DO SUL PARNAHYBA VICTORIA Arbuckle & Co. PELOTAS PORTO ALEGRE IQUITOS FLORIANÓPOLIS Guilherme H. Chaplin PARANAGUÁ:
Empreza
de
Wilson Sons 4 Co.
Urbanos de Paranaguá. SÃO FRANCISCO DO SUL, R. 01.. Addis__i. BARBADOS: Laurie & Co., Ltd.
Melhoramentos
BOOTH AMERICAN SHIPPING CORPORATION 17 BATTERY
PLACE — NEW
YORK
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:,'"xf_ _1 *___% Bahia (Sâo Salvador) Rua Portugal No. Avenida Capichaba N. 92 Victoria: Rio de Janeiro. Avenida Rio Branco' N. 117. m ________m __________________-**fl _KL ______r_____^^ ^^^^^^^^___^\^L Santos: Largo Senador Vergueiro Sio Paulo: Rua 15 de Novembro No. 31. Santa Catbarina (Florianópolis), Rua Joio Pinto lm __É___P WzIb'"" W 11 IH _____ *^_____________t__________r**_r<7-*M'~*'' N. 26. •*¦*•*• 11 IH __________*___¦__**/* ¦_ Rio Orande do Sul: Rua Andrade Neves N. 94 I y_L-^B'**l»^ ¦// K^ - *-* A&yy* I Ju'** URUOUAY: ______tH-U~P *______vW__-_- ____F____É______________to_F II I ___ _____.-. ^^ •'******' .__***-*T/_l ___¦ ¦?*..•*•*.•>.. 1 ____*fl Montevidéo, Calle Cerrito, 449. ^L muiAMiu-Cr _____ __*___¦ _T_______ E___t_ I m *-*f_IMA ~\juw* ,*BHB'x-.*_______¦ _______¦ ___¦__¦%____.*¦__* I ___ __« ________________________________ •>•'•*______ !____ _¦_*** /fl ¦ wm wie+s______u»mi AROENTINA: _¦¦ ¦'«>m«' /fl • ____**_-**-_-—-"•**'" tâMu«i_l_H _¦ ___*Vf_-V','>'**¦» m__ 4____B**-V Ha IM Buenos Aires: Calle San Martin Nos. 333 e 337 ¦ -j__*___*_fl___'__i ¦& ———/a 11 ___-___. . WEST COAST OF AMERICA --..¦—-«»-»______________~**i_'jni'».¦» % -_________________*• a_a_M4-«M_IV_r____l /^ TELEORAPH COMPANY m^____________________BP___0_i ____t__-_---i _____t_S__H ___________ /__r ^__ "•^^^^¦•»__-_______ ____r_____i __H___*-"-__i _________ /-__> ___ ^_________________IK_m___-V_f ^____________________l______v_í __*_•_ _M*4_F_______r________________________h_r^»_________________ / __r* m~j Wk" y*Vi ____M L_P_*S_| _¦_ /AV CHILI: A rica. Pisagua, Iquique, Antofogasta. La Serena» Coquimbo, Concepcion, Coronel, Talcahuano. ^^___*^_i __l_r_rl________k /____i _____¦¦_/ ___r___P_' Valparaiso: Calle Prat,212. 259/261 Santiago: Calle Bandera, PERU: Cailao, Lima, Mollendo.
EATERN TELEORAPH COMPANY
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Mançhester: 55 Spring Oardens.
Olasgow: 4t, Royal Exchange Square. Newcastle-on-Tyne: Maritime Buildings, Ktag Street.
To Brazil " Europe flcc AROENTINA fr PARAOUAY: To Brazil To Europe frc. CHILI " Punia Arenas PERU fr BOLÍVIA
URUOUAY:
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Bradford: 4, Commerdal Street. Leeds: King Street Chambers 52, Welltngtw Street. Cardiff: 33, Merchants* Exchange, Bute Docka. Madríd: Calle de la Colegiata 13.
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Lisbon; Rua do Arsenal. THE WESTERN UNION TELEORAPH COMPANY. New York: 195 Broadway. Boston: 159, Congress Street. Montreal: 74, Notre Dame Street Wes«:
To South Amorlea OREAT BRITAIN...... •••••• ...... .......... ...... Via ¦ RANCE: Paris fr North..•••• ........••....•.••.. " South " OERMANY " BELOIUM " HOLLAND " ITALY: Trieste ITALY-other stations. ** a PA IN........................................ .... " PORTUOAL NORJH AMERICA AND WEST INDIES »
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LONDON: Central Cable Station,Tower Cba_Bbers Moorgate E.C 2 Liverpool: K 13, Exchange Bnildngs.
Eastern. Malta-Madeira Emdcn-Madeira Belge-Eastern-Madiw Eastern-Madeira MalU-Madelia London-líadeira castern^iviaocira St. Vlncent Western
AGENCIES. PARIS: R. B. Letaol., Raa it RlofceUea, 73; BaOSSSU: 58 Ria 7aa Rtasét; Si 180 RI; ¦(.¦kibtrflJrtrtMt Oaleioatt Baaa 5; PORTO ALEGRE: John Alston Mio Donald Rua Sete ie Setembro 841. HBAP OPPIOfi OP Tgg OQ-IPAWY: gLSOfRA BQ03B, __00B(UT1_. WgPgjt. _______ j__
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The Commercial Telegram Bureaux Supply Official Reports and Quotations of ali the leading American, European, Brazilian and Indian Markets to the Cotton, Coffee, Grain, Produce, Provision, Petroleum and Sugar Trades of Europe and America ; also re-transmit Private Despatches by Cable to multiple addresses in Europe and North and South America.
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O0MTELBUR0, Limited, 11, Tokenhouse Yard, London, E.C.2 (open day and night) "COMTEU.BÜRO."
Registered Telegraphic Address:
London: 30 Miucing Lane, E. C. 3. TelepIlOOeS. Liverpool: 7, Rumford Street. 1983 Central (two) Whitehall 6557 New York: 34 Stone Street Amsterdam: De Clercqstraat, 20 3268 Z 534 Havre: Rue Victor Hugo, 136 Antwerp: 41, Rempart Ste. Cathérine. 11852 Pemambnoo: Rua Bom Jesus, 35.Caixa 146 _____ ________¦ __________* ________¦ _______¦
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Telephones: London Wall S060-1-2-3 (4 lines) Caixa 203 Bahia: Largo das Princezas, 22. R. de Janeiro: R. da Quitanda, 152 2* and. » 266 Santos: Rua Cidade de Toledo N.° 4 » 243 » 1281 São Paulo: Rua 15 de Novembro 17 A Monte Video: Calle Sarandi, 469 Tel. 1093 B. Aires: Bolsa de Comercio, 239 — Tel. U. T. 31-2420
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EXPECTED
SAILING
FROM NEW YORK:
FOR NEW YORK VAUBAN.. VANDYCK. VOLTAIRE. VAUBAN... VANDYCK.
VANDYCK . lst AprH VOLTAIRE . 29thApril VAUBAN.... 12th May VANDYCK. lOth June VOLTAIRE. 8th July RH
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Lamport i Holt, Ltd. ftaatos: P. 8. HAMPSHIRE & Co., Ltd.
Bahia: F. 8TEVENSON ft Co., Ltd.
RÍO
DE JAl\ElKO
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S?aulo: F. S. HAMPSHIRE & .Co., Ltd.
Avenida RÍO BranCO, 21-23 Buenos Aires: LAMPORT & HOLT, Ltd.
Pernambuco: WILLIAMS ft Co. TEL. N. 6671 Montevidéo: M. REAL DE AZUA. AGKNTS FOB CANADIAN PACIFIC RAILWAY COMPANY WHITE STAR AND ASSOCIATED LINES ALSO CUNARD UNE: ssss
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THE N0KWEG1AN SOUTH AMEEICÁ LINE REGULAR
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Norwajr, Denmark, Finland, Baltic Ports, Brazil, River Plate & vice-versa. FOR RIVER PLATE:
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m. s. PARA 30 31 of March. S. s LISTA mid. April m. s. BRA-KAR end April
For further particulars apply to the Agent
FREDRIK ENGELHART -
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REPERIAKTIEBOL.AGÊT JOHNSON
RUA DE SAO PEDRO No. 9—RIO DE JANEIRO. PRAÇA DA REPUBLICA 51—SANTOS.
NORDSTJÍÉrnAINI-4 LINE
\J FLEET: 15 MOTOR SHIPS, TOTAL TONNAGE, 108,600 TONS. Secular Serrice between: - Finland, Sweden-Bra.il. Finland, Sweden-River Plate. Finland, Norway, Sweden-Chile and Perá Sweden, Norway-North Pacific, and vice-versa. OUTWARD SAILINGS FROM SWEDEN: ii SAlIlMrs pnn SWEDEN ÇWmm, & FINLAND: aAiLlíMOS FOR 11 From Rio: PACIFlC-due io lcavc Gcthculxirg 22rd March K. GUSTAF ADOI T? _ ís»í rut u LIMA- dne to leave Gothenburg 22nd March SANTOS-«f^í FRANCISCO - l?th Ap.il || PEDRO CHR1STOPHERSEN _3rd May í ^SAN f.r l.rth.r p.rtÍM.„. ,pp,y ,. ,K._A?ent.:_W.lH,mB * Co, ,.ern.ml)Uc„; ... GueuU.v.Ke & C, Bahia; ,!„.« Uni Agenc.es, Santos; Edward Wigg & Sons, Rio Grande; or
LUIZCAMPOS
FILHOS
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THURSDAX March 21, 1929
1 Vol. 20 '."'y' *'
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HEAD
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Rua da Quitanda, 106/110 RIO
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OFFIOES:
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BRANCHES: « RO" APIO. SÃO PAULO
Rim Bôa Vista,
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2
LONDON,
FX-QUB HIUJIl RUA GAMBOA No. 1 TSB _HIE_£lS ____&BISSABS --BUDA
NACIONAL",
"NACIONAL",
«SEMOLINA",
"BRASILEIRA*,
«guaranyv . . ..,-_
4Wâ_ns t— II FIRST
GOLD MEDAL:- PARIS 1889. PRIZE: - BRAZIL 1908. FIRST PRIZE BRAZIL ST. LOUIS 1904 1910 TURIN 1911 » . HORS CONCOURS-INTERNATIONAL CENTENARY EXHIBITION 0F BRAZIL 1922.
OOTrOS WIlãéBt RUA GAMBOA No. 2-36 GRAND PRIZE-INTERNATIO.NAL CENTENARY EXHIBJTIQN OF BRAZIL 1922
AGENTS
SOLE
FOR :
Massas fllnae_licias AYMORÉ Limitada.
Biscoitos AYMORÉ Limitada. QUALITY EQUAL TO ENGLISH BISCUITS "BUT" AT HALF THE COFT. GRAND PRIZE:.
HORS CONCOURS:
"*'.•]-.'
Exposição Industrial e Agrícola do Estado de Minas Geraes--:—-_--" Juiz de Fora, 1927. ,::
International Centenary Exhibiíion of Brazil 1922. HORS CONCOURS*.
Exposição Industrial e Agrícola do Estado de Minas Geraes««=-==-=== Juiz de Fora, 1927. ' HORS
CONCOURS E MEMBRO DO JURY:
HORS
CONCOURS E MEMBRO OO JURY.
Exposição de Agricultura, Industria e Commercio.
Exposição de Agricultura, Industria e Commercio. Bello Horizonte. 1927.
BeIJo Horizonte. 1927.
These lactories are equipped with the most modem and hnienic machiíieíf, eieij cure betog ial.ee ii the maoutacture il their pndtrcts. § Telegrams: "EPIDERMIS"-T-lephoi.es: NORTE 1450/1 - Posl Office Box Nd. 486 AGENCIES JN
EVERY
STATE
IN
BRAZIL
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MISSIOHS TO SlEAMEH - RIO DE 1AHEIR0 BRflHCH ____________________________-_-___-_-_---------_--__----»-.-™»-^^ :-;*¦¦
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Hon. CHAPLAIN—Ven. Archdeacon Morrey Jones. Seamen's Institute Rua Saccadura Cabral, 61 Ric dc Janeiro Subscripti ms and donations are bádly needed to defray the cost of upkeep of the institute. Another fiyé contos of ré's. per annum would pia oe us upon a spiujd financial basis. If you are not already a subscriber, why not become one? 6,474 . seamen visited the institute last year and 526 meai Tickets were issued to the déstftute. NEWPAPERS AND MAGAZINES. THE MISSIONS TO SEAMEN IS. SADLY IN NEEDOF
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BRITISH
LÜBARY
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(Just behind tbe Jornal do Coromercio Building) APPLY TO TOE LIBRARIÀN FOR MEMBERSHÍPv íOOSOOO YcoriY or Temporary Meipber» ship at special rate during your short stay in Rio. w".v/
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(Aattfi* Bom femla-a) — CtlMrt*
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Rio de Janeiro Avenida Rodrigues Alvos, 437
FOR INTERNAL COMBU5TION
Telephone Norte 4497
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Tekigiaphic Address "Petroloric" — p. O. Box _ÜW.
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^PodOü Stafions a.:-PARÁ, PERNAMBUCO, BAHIA and SANTOS BARÕES TANK CARS
THROUGH PIPE LINE#ALONG THE QUAYS.
TANK
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Compele estimate» *furiiish«d for oil _Bu_ning 4natáUation9, Land and Hlart-ne.
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March- 21, -IM*-
BRAím^AN REVTEW.
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Established 1898. EDITOR—H. F. WILEMAN. OFFICES: 5í>-57," RUA CAMERINO—RIO DE JANEIRO. Teléphone: Norte 1966—Caixa do Correio (P. O. Box) 809. Tel. Address: "REVIEW," Riojaneiro.
AGENTS: NICTHEROY:— Luiz Waddington, 138 Rua da Conceição. SÃO) PAULO:— "Anglo-Brazilian Chron-ele," Caixa- Postal C. T. Nash, c/o 2124. PARA:— A. Lobo & Cia., Rua Saab o Antônio, 62'fif' MARANHÃO:— i :m CXa.,.Rua Nina: Rodrigues, 46*. A. Lobo LONDON:— G. Street &A Co., Ltd., 6 Gracechurch Street, E.G.3. NEW YORK:— "The Tea and Coffee Trade Journal," 79 Wall Street. COPENHAGEN:— "The Scandinavian Shipping Ga__ette," 38 Ves ire Boulevard. ¦Notiee.—The Editor is not responsiM» for Correspondence or Artiéles. signed with. the writerY name or initials, or with a "Communicated." The Editor pseudonym, or that are marked must likewise not Heeesrmri_y.be held in agieeraent with tbe views therein contained or with the modte of expre&sian. Ih accordance with the Brazilian Press Law, no correspondenceí or contribution will he published in this Review enless authen* ticated by the date, name, and addtess of the eoirtríbntori though not necessarily for publícation. Announcements of hirths, deaths and mnrriages eoncerning "Review" free of snbscrrbers. and friends are inserted in this charge.
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Redactor Responsável: H. F. WILEMAN. Redacção, Administração e Officinas, Rua Camerino, 55-5., RIO DE JANEIRO.
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RIO CAPE LlfiE, LTI>.
Depositários dos produetos da COMPANHIA BRAZILEIRA DE UZINAS METALLURGICAS—com grande laminação de ferro em barras, vergas e cantoneiras, fundição de ferro e bronze, fabricação de; parafusos, rebites, pregos para trilhos, ferros de engommar, balanças, louça de fe.ro fundido, estanhado c 1 de ferro batido estanhado, de canos de chumbo, etc, etc -FABRICAS : — NOVA INDUSTRIA—Pontas de Paris, tachas para sapateiro, em ferro e latão, louça de ferro batido e esmaltado, etc EMPREZA PROGRESSO — Fogões, caixas, drague, ferraduras, portas de aço, gradis, etc. Phosphoros masca "SOL." — Metal Deployé. Coalho "JACARÉ." —Cimento "Saccadura," white Brothers. Dynamite e Gelignite da "NOBEL'S EXPLOSIVES Co.. Ltd." i*
' i-K_
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Depositários do ferro gaza das Usinas Morro Grande
ESPERANÇA, BÜRNIEE- MW ACIMA. MAIL FIXTUBE& FOR EUROPE During the month o. March, 1929
24 25 26 27 30
ANDES, Royal Mail. LUTETIA, Chargeurs Reunis. ÁVILA, Blue Star Line. WUERTTEMBURG, Hamburg—A mer ika Linie. CONTE ROSSO, Lloyd Sabando.
THE UNITED STATES OF NORTH 27 AMERICAN * LEGION, Muason Line, FOR
FOR THE RIVER PLATE SOUTHERN CROSS, (Munson Line. ALMEDA, Blue Star Line. BADENj Hamburg-r-An.erika Linie. G_UL_Q CESARE> Navig; Gen. Italiana. HIGHLAND* PRIDE, Royal Mail. ARLAN^A, Royal Maü. CAP' POLÔNIO,- Hàmbarg-—Súdameril-aHischei WESER, Norddéutscher Lloyd.
22 23 23 26 26 30 30 31
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'.•'¦ ''.'¦¦-'fS APPOINTMENTS WANTED
THE JAPANBSE STEAMERS
-
Gerjnan, 38^ years of• age, with 8 years Imsiness* ©xperimee in VtózV in responsible and leadfítg position (formerly in U. S. A. and Gein.rry) desires change. Corresponds in English, German, Portuguese and.French, thorough knowledge of ali work concerning exports and Steamship agencies, also export in varias Braziliaa produets. First, class references and best of commercial connections. Replies to be addressedsto? Bahia, c-jo this. Review.
(Under Contract)
sailiííg 23rd Márch, 1929; fõr Cape Town, Mossel Bay. Port Elizabeth, East London, Durban and Delagoa Bay. For- further parUcnlarsapply to:. i
CUMMtNG YOUNG
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32, Rua Conselheiro Saraiva, 32
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Direct Cargo Sfrvici. from Rio dé Jawtira and Santo» to South and East Africare Porta.
Agent for< tbe Rio Gape «Jne* Ltdc.
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TO^ EXPORTI_RSi Would be interestediinttheelmpart of a»y GoodsUbat.conld bc-soíd'witl-'good Margro in>the_ Uuitedi States. Send* Sampíès with Offersj samples toB be.>-RtM> fori <*¦•¦ returnedi Js. Millèi^ 41» West 3«b St. NewYo^t
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WILEMAN*S RRAZÍLlAN R-gVIEW.
326 ¦
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CORRESPONDENCE CAIXA 1391
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PARIS .5 Av: de l'0pera
RIO DE JANEIRO R. Senador Vergueiro 147
NEW YORK Broadway 760
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ROBES, TAILLEURS, COATS & WRAPS. DRESS MAKING, FURS MILLINERY
KNIT GOODS GIRLS FASHIONS IJNDER WEAR BABY-LINÉN CORSETS
DRESS MATERIALS TRIMMINGS, LACES RIBBONS, FLOWERS GLÒVES, HOSIERY NEEDLEWORK
HABERDASHERY BAGS & VANITIES FANCY GOODS MUSIC HAIRDRESSING
MENS OUTFnTINO TAILORING BOYS OUTFITTING TRAVELLING REQUISITES BOOTS & SHOES
FURNITURE & FURNISHING, CARPETS, HOUSEHOLD LTNENS, DOMESTIC DEPARTMENT. Hairdressihg Beauty Salon—"Exprinter" Dept. and information Bureau
TEA ROOMS & RESTAÜRANT, WITH LOÜNGE ADJOINING THíE iTiRIALS OF AN ÍEID.ITOR. In view of a serious controversy existing between this iReview and its printers resultant upon the lack of comprehension on the part of the last named of their duty to their customers, we have been comip-elled to make a sudden change to assure not only the punctuality in the publication of "Wileman's Brazilián Review", but more uniformity in its general appearance. The inability on the part óf the printers to settle their domestic troubles to the satisfaction of ali concerned compelled us to take steps, only two days prior to the publication of this issue, to have the printing done elsewhere until such time as we have a printing* department of our own, which will assure regularity in our movements. It is regrettable that a responsible publication, such as this Review is, should have been made the involuntary victim of never ending controversies between masters and men. Rather than we Should suffer the consequences of "other peo.ple's troubles", we decided to place a small issue before our readers this week so that we may assure aurselves against the accentricities of printers in the future. THE OUTLOO.K General conditions remain most uncertain. (The exchange market is still under the disturbing influence of the Bank of Brazil and, consequently it is difficult to foresee what Actual conditions are not promising may ihaippen to rates. and a fali in rates is not improbable. It was reported in the local pres» two> days ago that the Brazilián Federal Government -had contracted a "Stabilieation of the Currency" loan in London for fil'5,000,000', which, however has been officially denied both here and in London. The Minister of Finance states that the Government are not cogitating borrowing abroad at present. It is a coincidence that this report should be circulated when the Government are so anxious to obtain cover in the exchange market. It would seem as if Brazil had consulted London and New York bankers with regard to prospects
for such a loan and that in view of the conditions of the the inadvisability of borrowing World's Money Markets at this juncture was pointed out to her, for it would entrail an enormous sacrifico- on the basis of the actual prlce of money, as much as 8 .per cent. being demanded for loans. Common sense teaches us that Government borrowing by South American countries in London and New York is out of the question at present, unless they are so pressed for money that they are willi ng to pay any price for funds. Furthermore, judging 'by an article culled from "The Economist", London, on the debt of Brazil, published in another column of this issue, London is not too well disposed to lend to this country until there is more evidence of consolidation. YELLOrW FEiVEIR. Tlhe return of this unwelcomed guest is fully occupying the attention of the local Health Authorities, as well as those of the River Plate iRepublics. The protective measures created by the Argentine Government are fully justified, in view of the course the disease has taken, which isgiving rise to serious apprehensions. Passenger liners are no longer coming alongside the quays and it is possible that some Lines will order their sihips to give this port a wide berth.
M}R. GEOIRIGE MAjRiR. We much regret to announce the resignation of Mr. George Marr from the Secretaryship of the British Chamber of Commerce in Brazil (Rio) . Mr. M!arr has dedicated ali his efforts into advancing the interests and prestige of the Chamber during his ten years of excellent service and the Chamber owe® much to the extraordinary activity of the retiring -Secretary for the advancement it has made during that period, which is no doubt appreciated by the memíbers of the Ohamber, particulary those Who have worked intimately with Mr. Marr, who is due to sail for Bngland on the ss. "Highland Chieftain" on lst. prox.
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WILEMAN*S BRAZILIAN REVIEW.
March 21, 1929
1
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REGULAR SERVICE OF EAST VESSELS BETWEEN
BRAZIL & NEW YORK. "CASTILIAN
PRINCE", loads for Trinidad, M. York and Boston õth Aprü. York and Boston 26 Aprü. {3ARDINIAN PRINCE, loads for Trinidad, New S S. "KOREAN PRINCE", loading in New York for Rio and Santos. M
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AGENTS:
-
HOÜIiDER BSOTfiERSA CO, IHJVilTED
RIO DE JANEIRO: RUA DA QUITANDA, 149 Velégrai^Ie A€âi?©&ss
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SANTOS: RUA DO COMMERCIO, 35 "PRINCE
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BRAZIL'S (From
BORROWIINIG
STATÜS.
"The Economist". London)
GUEBTS of every nationality are made welcome in bills thè London capital market, provided they settle their estate or promptly and have either a comfortable personal in the promise of one in due icourse. Cosmoipolitanism '"catering" industry is shown by experthis branch of the ience to be a paying proposition, but while the managefar ment may ;be desiroue of maintaining that policy as time as possible, they are bound to ask themsedves from to time whether Country X is not drawing rather generously on the market's hospitality, whether the Colonial gentlemen upp.er in the Trustee suite or the .South Americana on the accounts axe floors aro fully aware of the proportions their for reaohtog, and, possibly, whether the increased demand necessary accommodation for home clients may not make available for foreign some restriction of the floor-space "restriction" on these Unes CWlhéther boarders generally. than ehort is a ipracticable economic policy for other and quite periods is-an open *question, *>ut the perennial of the higher financia* authorities legitimate conqern of such questions both emphasises the desirability witli countries, examining the borrowing record of individual invidiousness and robs the process of any suggeetion 0f AustraThe conclusions of the British Economic Mission to now prolia were recently reviewed in these columns. We to a fresh pose to transfer the methods there employed features in continent, by setting out some of the leading importance the situation of another toorrower oi considerable to British investors— the United (States of Brazil. of outside The extent to which Brazil has availed herself may be help in developing her vast patrimony 000,000 Approximetely £2-70 ^terred from a few leading figures. on the London oi Brazilian securities of ali kinds are quoted of the Central The total externai debt Stock Exchange. sterling,.may¦*» Government, reduoed to terme of pounds Partículas of the 0,0. from «me_to Vm* echemes have been found neeeaeary 'Republic was credit of the but the rehabilitation of the «infcins fund payments õmp 1 with the resumption of though the reoord of some of on the externai debt ln 1927, donbtful, » number «ontinuins the States and Citiea is more That Brazilian credit has to figure to the defaulters' list. wit* a certain improved. but is stiU viewed UZ investors, may *>e eoneervatism amons British number of and yields on a ^f0™ the following table of quotations representative stocks: i—
Price. End of February Feb., 21 1926. 1927. 1928. 1929,
Yieldatlast priccf:
Brazilian Govt.: 63 62 0 58 58 ao; 188o 'M: 87 87/,* 15 9 80* 82* ffiFuadinE 108# 10S 0 10S*á HO 1Y_% (Coffee Security) 91J4 102 10 0 ... ... 6% Sterling Loan, 1927 State Loans: ^ 70 52 62 13 52 Bahia 5%, 1904 102 102 10 3 Rio Janeiro 7% Sterl., 1927 107^108 107* 9§ 107 San Paulo 8%, 1921 104 103 05 104 ... San Paulo Coffee Inst. 7V_% San Paulo Bank, of State of '. 92 94^ 11 9 .6% Is§ue Price. flncluding profit on Redemption. . §iFlat yieid. No allowance for redemption.
*Ex dividend.
The attitude of many investors towards the question of Brazilian borrowing may ibe summed up by saying that while they recogniee the almost boundless possibilities of wealth with which nature has endowed the country, and the evident desire of the Brazilian authorities. to honour their present engagements in the spirit and the letter, they are not completely satisfied with the progress made in the exploitain tion of the natural resources, the fruits of which must, provide both the every relatively undeveloped country, obllgatione ana justification for the incurring of capital the wherewithal por meeting them. On an área covering nearly half the South American Continent, with a seaboaxd of over 4,000 miles, Brazil supports a ipopulation which has increased by 50 per cent. since 1912, but Is still only a third As only' a thirteenth part of the of that of the U.S.A. whole área enjoys a temperate climate, the greater paxt falling within the Torrid Zone, it would be unfalr to lnsist but as over 60 on comparisons baeed on relative áreas: of virgin forest, per cent. of the country even now consists civilisation has evidently a considerable way still to go. inBrazil»s exports average £2,880 per thousand of her the haibitants, as compared with £8,200 in the case of United States, £14,9)20 in Argentina, and £11,9150 to Chile. She has 0.82 kilometres of railway per thousand people, and against -3.40 in the United States, 3.55 to Argentina, (excludto* the streets of Her highways 2.10 to Chile. of towns and cities) extend to 2.05 kilometres per thousand her population, as compared with 40.615,-2.88, and 9.9« kilometres respectively in the three countries mentioned. These comparisons are significant, since transport facilities are generally recognised as the key to extensivo colonisatlon that in a "new" country. Of similar importance is the fact -vehiclee in Brazil there are approximately four motor States, 2'5 in per thousand people, against 167 to the United Argentina, and 5 in Chile. Bo far as these figures are indicativo of underlying only will Braeconomic conditions, it would seem that not "with that oi the zilian development not bear comparleon
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São Paulo: Rua Quintino Bocayuva, 4, 2nd, Floor; Room 10. — Caixa Postal 2124. Tel. Central 4751
General Building Works of ali Classes.
avenida Rio Branco, tü9~5°
Abroad Brazil
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Regular service with modem passenger and cargo steamers between Hamburg, Antwerp, Brazilian and Ri ver Piate Ports.
lll, Queen Victoria Street, London, E_ 0. 4. Telephone 6830 City (4- line$J. TeUgrami » "Finews, . Cent, L6. The original loans have been paid off, but further borrowings subsequently have effected, that been so a very large sum representing payment of Interest on foreign money must be added to the cost of produetion of each year's crop. Wlhereas the total coffee stooks in the interior oí ;San 'Paulo had 'been reduced -a couple ;of years -ago to 5y9i90;00.0 .bags ; (of ;60 ;k3g.), the total was estimated ;-to ihave'risen,. at the end ofi .last year, to 12(600,000 bags — an amaunt tequal to about 'half an,-average world crop. "."^alorisation" may ;he -defensible ias a means of oíbviating •violent price changes due to the not uncommon sequenee of rheavy and ilight coffee crops, íbut so far as it aims >at the continued exploitat-ion of a monoipoly ,it .is a decidedly insecure : foundation -on which to , build the permanent welfare of a .igreat matioTi. In a-normal year Brazil still eontributes two-thirds ?of the world's coffee crop, but the produetion of -her .co.mpetitors', including the IButch East Indies, Colômbia and Venezuela1—who obtain ali the benefits of the scheme ^grátis—h,as risen from 8,7'2'6,00.0 bags in 19.25r26, and 8.140,000 (bags in 1926-27, to 9,911,0'0.0 in. 19'27-2.8, and..an.estimatea total of ;10,041,000 in the current crop year. JBritish .obser.vers readily admlt that, Judged .toy shortterm standards, Brazll's position has recently shown a marked improvement. , Budgetary .surpluses have replaced the def icits of earlier years. and the floating debt has been reduced. Last year was a good coffee year, and the national exports of ali kinds reached a higher total than for many vears past. The country has at last more or less adjusted itseld to a milreis stabilised in 19*27 at 5 29/32 d.—a rate first enàcted when the exchange stood at"7%d., apparently for no Ibetter reason than that'5''2l9/3;2d. was the arithm-etic mean of the rates 'Prevailing during the years situajtiion, moreover, The -.political 19212-26. appears to be more stable than a few years ago, when internai etrife attempted revòlution had impaired and Brazilian credit abroad. Without detracting,-however, fronv the value of the work accomplished under the existiug iPresiderit, Wr, ^Washington Luis, the »potential investor is called upon to take a longer view, and to ask whether Brazil has yet suaceeded in living 'up to !her 'great opportunities and basing her prasperity on >'an -enduí?ing "fouiídation. ;He will inquire, for insfance, ae to the steps -taken to ,give effect to the recommendations
APPLY TO:
WILSON, SONS A CO., LTD. || Rlo dô Janeiro
o-f the influential British commission which visited Brazil in 1925, particulalry as regards the administration of the •railways, the necessity for continuity of poliey ,as between an existing Government and its suecessor, and the desirability of encouraging the cultivation of cotton and other products so as to reduce the dangers of over-dependence on a single artificially co.ntrolled commodity. ,jHe .will ask whether a country in Brazil's position can afford th.e:luxury of an import tariff among the highest in.the ..world, edesigned to foster industries which—with the possible exception of cotton textile manufacture ~-are non-indlgeínous to her soil. Sooner or later, the London capital market and Brazil herself will be called. upon to ;consider .the all-important question, which has not as yet been squar-ely faced, as to how far the institutions typical of a "Wiestern" civilisation are applicable to a country lying mainly in the tropies. Her geograiphical position is, at bottom, the main factor distinguishing Brazi^s problems and opiportunities from those of the United iStates of America, .of her sister republics Chile and Arge.ntina, and, $ay, Qf Austrália. Of .the .&91,700 immigrants which swelled her p.opulation in the ten years ended 1926, nearly two-thirds were of 'Southern European. origin, and only aipproximately 10 per cent. of ""Nordic" type. Which system is the more appropriate to a country in Brazil\s situation: that of Western Europe, the United States and other countries in th, '"temperate" zone, or that of, say, the Dutch lEast Indies? 'iThe question is fundamental, and ali coricerned would do -weÜ to consider ts implications.
'"A-MJEJRilOAN-.-JVEQaSIlEY" .BOW1EIR .-AiMD' EIU.ROBEAN - -BiEiOOiA^IRY''" • by Hartley ?^^thers An iimjpoverished Old Worlld, tryinig; ipainluiiay to etruggle anyone ooi thisi side of the walter -ima^nes that the Felderafl! 'ireserve ¦auttooirities1 ;hajve any ídeldberate intention oi' 'hinderinig > irecovery \ in tihis [ hemispheire. ©in tíhe -cointrary jjjv we aQfl^miustreGognisejhow miuioh *as been: d^ne by them to r'S ass1!^ -it, by a-mtometary píodicy-wihiícih fheliped Etngllandfs rettbuiEh. to ithe go;ld -standaTid, .and by acttive enicoiflâ-asement of the issue Off ire-eoinstnutction «lloans -whioh .weir.e .instrumental in stabiiliSiiig jEIuroipeain -ourreincies. ilBut whem we-fhave ohalked up air these ,'benefits, and others which ^cmígM 'be Tmemitiqned, -on -the credit side of America's -post-war monetary ;pQlicy,nand taken off our hats •and ;said 'tíháoxk-you, tthê fact iTMnaiins -that the íDondpn Bank rate has-had to go-up,:which-means-dearer^ financing for BrI:tish fcraíie andfor alü ithe trades of aflll.ithe nations that come to London "for .shoart leredits, beeause ; the ; .IPederaüi -reserve authorities ihave been taring to check the Aimerican piu!blic's ¦
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33Q
W1LEMAN'S
BRAZn.TAM REVIEW.
March
21, 1929
March, leaves on 23rd March Expected from Europe on 22nd AYftES for SANTOS, MONTEVIDÉO and BUENOS
AVIL-A and leaves same Expected from the River Plate on 26th March, BOUL03NE and LONDDM. day for MADEIRA, LISBON, PLYMOUTH,
Next Sailings
_-.
FOR EUROPE: 9 April ALMEDA AMDALUCIA.. 30 April 14 May AVEJIyONA
niV^ PLATE*. FOR RIVER ruiY 13 April ANDAIyUCIA.. April 27 AVEVLONA 11'iMay AVIIvA
STAR
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RIO DE JANEIRO :WILS0N,S0NS &C0.LTD. AV.RlO BRANCO,37 SÃO PAULO: BLUESTAR LINE (19201 LTD. RUA DA QUITAMDA,10 5ANT0S:BLUE STAR UNE(1920)UD.RUA15. N0VEMBRO,2.O6
persistent determination tio carry on sun enormous Ibajilít campain. Donriüig «he past year three suiccessive a. ises in tihe New Yorrk íbamk rate had -Ifctle oir no effect on the volume of brókers- loans, and the memlber «banks — the National and other banks which are members of tihe 'Federal Reserve system and keep their reserves with the Federal Reserve banks — gave loyaJl but vain siuipport to the authorities by restricting their own loans to broikers, with the result that the money .needed for specuilaition was supiplied by the banks' custoimers instead of by the banks, but at high rates. Tihese high rates obtainable both for time money anld for ealil iloans ln "Wall Street sucked in fumds flroro_ Eiurope, mostly throwgh liondiom, and so put the sterílíng exchange down to gold point, took goJd from the Bank of England in fbig shiploads at the time of year w_ie_i it lusuallyí repíenishes its stock, and forced its rate uip. Since when we on this s;ide have ali been womdering what i_ goimg to happein rnext, and watching with some anxiety the rather flabby appearance, at a not too reassíuring levei, of the New York exchange. Thing. being so, it is pleasomt to find the Hon. Louis T. MeFadden, ichairman of the TJmited States Comgress Commítitee 'on Banking and Currency, iqiuestioning tlhe need for this anxiety of (the Federal Reserve authorities concerning "Wall Street. In a s.peech liately deiliv_red,..he the activities of pointed out (tihait the main rf.u_ictioin of the Federal Reserve system is the maintenance of a proper gold reserve and coritrol of the total volume of credit, that he does not an. erstand that the American g*old reserve is at present in any daniger, that there ls no indication to be seen of a general rise in the cormimrodity iprice levei, and that with these facts before him, he does not see why the FederaJl Reserve system sbould concerm itseilf abo_it tlhe condition of the stock market, or of the seiourity loan imarket. He íquestioma the assumption that brokers' loans are depriving business of funds that it meeds, and that ali of tíie security loans are vmprodaiictive. In his judgment, too little is known about the ultimate disrposition of stock-market loans to wanrant the Federal Reserve system in trying to depress these loans.
M *mmj i —r t^m-m______w--m___r
PÜBUOOAPE INTERNACIONAL
Users of credit — which is to say, Idirectly oa* imdireictly, — im oither the whoile producimg and aonsumimg commumity caunitries, wl_l devouitly hope that JVCr. MicFadden's doctrine will be listened to in America Iby attentive ears, and will, in the meantime, thank him for mailimg the ílag oif sommd sense on this miast wliere so much queer bainiting n'ow ifliuititers m the breezes o_ opinion. Ke has brougtht bankinig iback to its cssentials — maüntaining adeqiuate resenves and supiplying credit. Do we want banikers to1 array tihiemselves im. suirplices and chasubles and preach to the public about the use that is to be made of the credit? As long as the produlcers and distribmtors of tlhe goods tfhait we ali wamit to alve on, are anuply supiplied with credit, why shomld bankers trouble themselves al)0'uit the extent of the _pec'u_ative activities of the resit of íus? If some sípeculatorsi are ípaying too •higíh p •-.'-^«^H
'
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Márch 21, 1929
WII.RMANS
BRAZILIAN RÈVltíW.
we say that this sensible ihandiling of a dèlicate situation has lately been conspiciucxus? With an enormous gold stock, and with ali the world her debtor, America sorews u«p rates and suoks in gold that ahe does mot want. Germány, whibh a more than anuple gold stock, ipíiled u.p o>ut of foreigm loans and credits, keeps the :Reicihbank's rate at 6 J_ per cent. and draws on her ballanoes abroad rather than part with giold And the critics of the gold standard ory with a deligthtted grin, "These be ithy gods O Israel!"
TO
THE COFFEE
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Information Branch of "Wilemaifs Brazilian Review" In order to meet a growing and important demand from our readers, we have ereated a general Intelligence Department which will. enable us to supply any information desired to SURSCRIHERS and ADVERTISERS ONLY. Our readers are well aware of the facilities at our disposal for obtaining first hand and absolutely reliable Information in connection with ali markets in Rrazil, not to mention economie, commercial amd industrial condi, tions. We are in a privileged position, therefore, to supply informatlon by cable or letter on any subject, such as opening and closing prices of coffee and/or other produce, exchange, reports on market conditions or on any matter relating to this country. It be understood that the intelligence or consulting . |. branch of this Review will be at the disposal of SURSCRIRERS ar d ADVERTISERS ONLY, the charges in this cabling or postage expenses which connection ¦ being should accompany enqüiries.
TRADE.
"Wüeman's
Brazilian Review" is subscribed by every coffee firm of any standing ali over the world. Suffice it to say "WilemanV Brazilian Review' circulates in 32 countries that and in 126 different cities and towns, including 31 in Rrazil, 17 in the United States, 14 in the United Kingdom, 15 in Scandinavia, 6 in Finland, 4 each in Germany, Italy, Japan, 3 each in France, Holland, South África, 2 each in Argentina, Belgium, Guatemala and Java and 1 each in Uruguay, Chile, Peru, Venezuela, Salvador, Áustria, Czechoslovakia, Latvia, Roumania, Australia, índia and Dutch East Indies. An advertisement in "Wileman's Brazilian Review" will, therefore, meei the eye of ali important coffee importers and dealers io the countries mentioned above.
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THE FOREIGN TRADE OF BRASIL Imports
Origin — Nine
by
months,
January-September
''
CONTOS OF REIS
' ¦
Newfounland Union of S. África XIJ. U-lcv
•••••••••.•
••••
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Other
Countries
.
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'), 2,039 101 152 51 . '| 3,250 452 537 85 10 33 ; 1,377 43 ^ | 2,708 476 414 r~ 62 | 34- ,46. 46 — G*--l"."a?_^a 21 4 855 ..8.2 ;
4.150 6,189 + 18,617 21,867 + í-H- 1,799 422 — 19,598 ;1*6,890 —-. 1,902 1,868— - 3,323 2,468 i—
'• • '• • •
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2,208 245,641 333,063 + 87,422 5,964 8,172 J^. M 1,011 54 79 25 2,217 3,228 + 2,316 2,414 2,383 81 99,429 97,113 — \ 713 76 59— 17 * 3,121 2,408 — .| 1,468 210 248 88 8,625 19,093 + . 4,968 102 225 123 4,197 9,165 + 480 152,154 170,115 -j- 17,961 3,694 4,174 511,798 576,286 + 64,488 12,428 14,140 +1,712 3,355 40,0 487 87 16,477 19,832 + 6,900 1,028 1,208 180 42,345 49,245 + 863 83,332 97,261 + 13929 2,023 2,386 ' 7,899 393 591 ,198 16,195 24,994 + 41,839 53,057 +11,218 1,016 1,802 •+ 286 1,836 522 482 40" 21,496 19,660 — 363 682 680 2 28,062 27,699 — 285 29 36 7 1,165 1,450 + | 298 714,895 695,381 — 19,514 17,366 17,062 7;487 811 637 174 33,405 25,958 — 1,298 281,953 332,006 + 50,053 6,849 8,146 1,501 18 55 37 746 2,247 + 11,413 15,158 +3,745 279 372 95 191 21,396 28,958 +j 7,562 526 711 1,208 186 159 27 7,687 6,479 — } -> 537 89 77 12 3,667 3,130 — 2,361 84 143 59 3,452 5,813 + | 612 23 43 15 | 1.149 1,761 +
.... . ... ...... ... . . . . . . *. . .-. :. . ...... . * . v *••••-•••••'
£ 1000
or — + + or— 1927 1927 1928 1027 on on 1928 1928
1927 1928
....'..... Germany Áustria Belgium Dantzig Denmark Finland Franco IT. Kingdom Spain Holland Italy Norway Portugal • • • Sweden Switzerland . Czeco Slovakia United States of America México Argentino ..'.'..* Ohile V. .'. ........ ......... . ........ Peru :. Uruguay Venezuela China ........... Japan ...¦_.¦/ Syria \............ ^.. British dominions:
IN
•
.
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Grand
total
2,407,245 2,660,364 +253,119 58,456 65,277 v+ 6,281 ¦
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nrii r\i.vy-ESTINATION OF IMPORTS, NINE
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As was _he case a year ago, says "The Economist", the distinet January returns contain elements of hope. Imipo_it_ are £ 1416. -niililiomi higihea* than. in Decemlbèr, anid higher than in January last year. Exporte, £ 15.7 million too, reveai an i_n(prove_niein*t. amountimg to £ 6.5: millions, when compared with December, and £ 7.1 miillion agiainst January last year. Re-exports are not quite se satisfactory. as altho_ig__ they are £ 7:31,000 albove itihe Decemíbe-r levei, they are £ 496,000 ibeüow those osf Januairy a year ago. In intenpreting the ohanges between December and January, a-cdouint must be taken of tíhe fact that the foirmer was íi "holidáy mcxnitih", but even so, the figures are encouraging, especial-ly as ra-w Material i_a:pants alone have increased by £ 8.3 milliion. /
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(Quantity Retained) M-inth of Jajnuary 1*927 1928 1929 144,296' 3171,098. 490,46 5
Iron ore, tons. . . itinaber, and Wiood soiit sawn, üioaJda a.81,-33'7 1.3.', 19« 219(9,151 Oottton, raw, centate. 2,242,93^ 82i5,0i5Í 2,349.873 Wool, stheep>'s and larmíbs*, centals 800,640 697,157 694,7.87 380,8*53 487,774 352,164 SilHç, raw, ibs. . . Flax, ihemip anid jute, tons 43,712 47,527 60.476 Cotton seed, tons. 47,648 44,'574 ' 71,241 •?lax oir liinseed, tons. 14,992 2iíii53 17,33!) Petrolleralm» crultde, . 28,3'50 36,927 36,557 thaus. gals. 76,667 39,907 40,185 Hides,. wet, towts, . 56,271 78,0.2.8 31,893 Hides, dry, 'cwtts. . 1_9*5 3,447 2,162. . .. Wdod ipu-lip, tons. . . Rubber, centafls. .4'3,0.39 267,69? 228,2.91 Exiponts, too, are encainraging_, Coal isúp. to. 4.5'miliion •tons, amd iron and steel to 421,000 tons, or nearly do(UÍb'le the 1927 figure. The coutou and wool figures show a decided irniprovement, amd with loine oo* two exceptions the whole tatole bears a favourable aspeot.
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RIO DE JANEIRO
75, Rna Visconde de Itaborahy, IS TELEGRAMS
P. O. BOX 1164. - "L1GHTERAGE
Codes—BENTLEVS
A.B.C. a
RIO JANEIRO
_th Ed., LIEBERS, A.
1
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LONDON — Dashwood House, Old Broad Street, E.C. 2
ENQUIRIES
INVITED.
SJ
gjSH5E_u2_2-_i^^ .•sioiMi__:;____A__i_->n_i*: __íX'PO__.ts
Profits. . .. £237,860 £257.098 £200.518 To debenture interest. 147,500 147,500» 14.7,500 Net profit ... 90,3*6*0 109..598 53,018 Written off investm.nts a2O0,000 100,0'00 50,000 Issued capital. 4,240',000 4,240,000 4,240,000 Forward . .._ 17,80.2 27,401 30,4119 Reserve fund 350,000 350,000 350,000 Insurance fúnd.. _ 50,00 Oi __.o;o>00 250,0*00 Debenture stock 2,950,00'0i 2,9.50,000 2,950,(H)0 Creditors, etc 304,902 285.471 118,0562 ills payable.... ... 215.28Í 218,983 211,9177 Ships and shipping investiidetít® 7,481,197 8,2-51,941 7,Í59,__í6 *b— 837,á06 General investments... 742,185 Debtors, etc ... .. 71,990 41,7.1 13l',§52 Cash ... 32,613 28,193 21,9^73 a After taking £100,000 from reserve, b Included in abáve item. j§. In their réport, the directors refer to the loss of the Vestris on 12th November last. The fleet now consists of 43 vessele of an aggregate tonnage of 2'85,667 gross.
7
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Mtoinitlh. of Janiuory 19*2^
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1920 4,472,631 4,092,879 3,904,700 . . ,. SCoal, 4Q.421 20v670( Pig irom, tons. . . -. 2,42-9 51,43*5 6,3,807 Railway material, tons. 10,144 "Total amid otf iron ateei, imlaniuifactu-j '3i3i_*,18*5 42lyl*9_l 219;369 res, tons. . . . _*,2;,T75 50il76 Tottal mac_iine*r*y, toma* &9&W Í15,li5i2,.500 13,276;.00 14,3.1,400 Coittotn yajrne, ibs. . ipiece Coitton gobds, 37;9,34:2,3.00 3-37,406;l-00 m. yds. . .... Í22,3144,8OO ,3»l,24i5 2>8,025 29,i6ll'4 WóOl toips, -cemtaJs. sq,. tissues, Wooaiem 12.-424V600 13,1015,200 .. lil,468,800 yd«. . Vvrioirsted tissues, sq. 6,138,300 3,81)3,900; 4,437,800' yds. ...... Linietn ipieice gioodd, 6,411,200 7,6.3,000 sq. yds 6,3178,300 Boots and íáhdes, dioa. 67,711 ,71,84i8 pxs. ^2»0®8 27,016 40,636 3'3,951 Leather, cwts. . . Paper and loandboard, .01,851 374,^6 .cwtts 37*7,323 43218 1,903 698 Locomotives, totna. -¦_ Motor ears and .ohas4,58 2,673 :.3v826v;, . . sis, number
M0NÉÍ.
-tons..
Too mucih must -not be made of a.sihgUe mdiutK'» reíjultsv -trade .roturUs is but:'t!he general impiressiom oi *he Jaramry aãank that 1929 has made a good-*sta*__*.. XJnflefB .Uhe _viae An **hore s«ms evory aikeíl_hooú *u.nttoward eiffeclt, _ate has an •¦J*^ati*v_*l-y^«òiod;. The^es^ that the «curremt -ajuiarter may prove __asteir, ^fiiE*^-i^*Wlll!:*lipvé' ting time, ihowever, will coírfie' afitér *.he -üSTual* sttóttner sét-baiék^ to be seen if «trade can éscaípé and the uncertiainties caused by the General Elec.-_ri:
Dffi.itfl3 Êxctíán^e Oübtatiohs; Gamara Syhdical an*! Vtílei 00,days Sigàit .Sover- .ipollar^l Vales
(|'
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I March 14
eigns
5 119-128 5 119-128 5 119-128
,
5 111-128 41$500 8$458 5 111-128 41JF500 8$450 4.0 .•.*.... 5 111-128 41$500 8$451 l*w.^.i.'.*-V. .,'•> -_______&_& _>jllW^__Jr 41$6.O0' 18«454 •IVft •¦••••• 5 119-128 5 111-128 41$500 8$456 —>U* . . . • • #*-«(* Í--5 #9*t64 u-5- 56* _Wi i_lf500 8$459Jl O » • ••••••
Average.......^..|
5 J19-128 | 5 111-128
41$500
4$567 4$567 4$567 4$567 4$567 4$567 8$455 4$5j_7
Tf HE DAÍÍ.TT TSTOVEMENT OF'EXCHANOE Tliuirâday, M_trÕh^il4; 1*929. The Bank *nf. j__riàzitMiío_rtied 6 •3l'|i8_d-. bánks quoted» 5 l\W\A'3*8.ã.„- with and foreign money1 at >5 6il1641 d. d^he, rharket olosed steady,. .with-flelie_"s _9|64d. ... tá"5 •Tlie New Yorfc-3_ondon rate, carne. ,at $4í..*_15 .¦e|l•_¦, 'aaid Paris-H_ondon at fcs.124.i2i5 to tihe £ _Prid_,*-y March-15 to IMonday, iMíarch .1'8,. d._29. TlietBank of Rráfcilipbsted 5 '31||32d.¦¦¦And: foreign bankrs quoted 5 59|6*_d. to 5 Tl*9|128, with money at '5 12t3|128d., these rates ruling thròU_jhò*_t? this period, the market íbeing qu__t.' ThB *New York-London rate carne as follows 1—March l'8*tihi *^ir;í_j5,_\_\_\%. «Raris16th, 15th, $4.85 1|4; $4..85 _5'|8; Loridbri, ÍÜiarch 15th, fcs.l2A..23; 16th, . fcs. J_,2át_2*>^ l*fi*h, , > > múQ HiioM7iiz fcs;*li24.'27 to the. £.« "*¦*" Tuesduy, March 19, 19)29. The market opened easier, thé• _._JnlÔ; of -.razil unchanged and. fo.r*eigai*an*lW*»q^*_i»l_: closing weak, with 5 l!l7|12'8d., with money at 5 61|64d. sellers at 5 29l.2d. and buyers at 5 l'5|16d.
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___iarch 21, 1929
.VILEMAN,S BRA/lf ¦*>' a*™tityf.
334
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THE STOCK MARKET
THE LEOPOLDIHA RAILWAY COMPAHY LIMITED CENTRAL OFFICE—BARAO DE MAUA STATIÒN AVENIDA FRANCISCO RICALHO Rio de Janeiro. Telephone V lla 2200TRAINS TO INTERIOR DAILY EXPRESSES Departür. Destination From 5.40 i Campos, Miracema, ItapeMAUA DE BARÃO 6.10 mir.m, Porciuncula. NICTHEROY 5.40 I Fr.burgo, Cantagallo, AlaBARÃO DE MAUA 6.35 cuco, Portella. NICTHEROY Rio Bonito (Mondays, Wed16.25 NICTHEROY nesdays, Thursdays and Sundays to Macahé). E. Rios, Ubá, Ponte Nova, ,5.U0 BARÃO DE MAUA Raul Soares. Porto Novo, Recreio, Cata6.00 BARÃO DE MAUA guazes, Carangola, Ma. nhuassú. NIGHT EXPRESSES Cumpos, Itapemirim, VictoBARÃO DE MAUA 20.45 riá—Mondays and FriNICTHEROY 21.45 days. ( BARÃO DE MAUA 20.45 Campos only—Wednehdays. NICTHEROY 21.45 | E. Rios, Ubá, Ponte Nova, BARÃO DE MAUA 20.10 Raul Soares—Mondays and Thursdays. '-G.10 Porto Novo, Cataguazes, BARÃO DE MAUA Carangola, Manhuassú Mondays and Thursdays.
...i-
The New York-London rate came at $4.85-5l8 and Paris-London at fcs.124.30 to the £ The Bank of Brazil Wiedneeday, March 120, 1929. 5 2i9|i3.2d., with posted 5 3l|3i2d. and foreign banks quoted The market was easy, closing with money at .6.. 15|16. sellers at fi 115|'128d. and buyers at 5 119|1.2i8d. IThe New York-London rate came $4.85 3J8 and ParisLondon fcs. 1124.'28 to the f.
GOLD AT THE CAIXA DE ESTABIIíISAÇAO '-
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Deposits on 16th March, 1029
Value of gold in Equivalent ln respective milreis paper currencles Specle:— £7,830,277 318.536:776$ fSterling $48,924,883 408.963:093$ Dollars, U. Fcs.9,026,360 14.558:616$ Franco, French RM.2,058,000 4.097:972$ Mares, German Psts.726,010 1.170:982$ P€setas Rs.l3:470$ 61:618$ Brazilians, Milreis 324:484$ Other epecie
Discrimination of çolâ:
Mu
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Total 747.713:441$ 18,570,236.311 grs. 103.167:979$ Fine gold Bullion (Bars)
16 Mar.'29 9 Mar.'29 16 Mar. '28 _ Unif ormisadas................ 780$0Ò0 782$000 _ «Municipal 1906, buy era...... 172$000 165$000 ___ «Ditto 1920. bayera 164$000 164Ü.000 »Bank õf Brazil.............. 473SO0O 474$000 94 Brazil Funding-, 1898,5 per cen. 93 92 1/4 86 85 Ditto 1914 new 87 1/2 58 1/2 61 Conversion, 1910. 4 per cen.. 57 3/4 97 97 Ditto, 1908, 5 per cen}. 96 82 1/2 Federal District, 5 per cent... 82 92 1/2 27 1/2 27 1/2 Brazil Railway. 26 68 1/4 68 1/4 Brazil Traction 211 1,2 208 1/2 210 1/2 8. Paulo Railway 200 2/1 56 Railway 56 Leopoldina 64 3 4 5 1/4 Dumont Coffee, 6 per cent. pref. 5 1/4 6 3/8 15- 6 12-9 St. John dei Rey Mining Ord.. 157371-3 Rio Flour Mills. 87Bank of London and South. 10 3/4 America 10 1/2 10 5/8 72 71 Royal Mail Ordinary 97 British War, Loan, 5 per cent, 1/4 1920 102 101 102 1/8 3/8 54 55 Consols, 2 1/2 per cent 55 1/4 85.60 86.70 French rent, 3 per cent 68.05 71.30 Ditto. 5 per cent.... 71.95 88.41 85.45 Ditto, 4 per cen 86.50 74.00
«Closing Rio Stock Exchange THE RIO MONEY MARKET Exchange rates at sight, Rio on:— London pence... Paris Italy Belgium Portugal New York _._ma.ca ..._..»•«. B. Aires, fc>.
_\.ires,«.......
deposits
Note Circulation:— «Caixa notes" Divisional colai Total circulation
850.881:420$ 850.879:240$ 2:180$ 850.881:410$
2 Mar. 1929
5 107/128 5 57/64 $333 $331— $446 $443— 1$175— 1$ 187 $385$390 8$395- 8$470 8$460— 8$470 8$116— 8$i28 3$584 3$577 2$266- 2$279 2$268— 2$270 3$820— 3$850 1$290- 1$304 $054
5 27/32 $331— $444— 1$177— $3808$3958$4708$400— 3$5802$267— 2$2483$800— 1$290$060
5 57/64 $335 $447 1$183 $390 8$480 8$480 8$420 3$586 2$273 2$254 3$850 1$298 *
2 Mar. 5 1/8 $328— $4411$163— $390— 8$330— 8S330— 8$130— 3$575—
1928 5 29/32 $330 $444 1$167 $395 8$360 8$350 8$180 3$5S0
Sweden Norway Japan 1$400- 1$407 Spain... Roumania Hamburg (rent— 1$990 2$008- 2$011 2$010- 2$020 mark 8$660— 8$690 8$670— 8$683 8$660- 8$690 Montevideo — Holland. ......... 3$395-3$405 3$390- 3^403 Value of fisterling at sight rate... 40$209—40$421 40$209-40$421 Value of 1 sove40$500 reign, buyers.. 40$500 4 ,3/16o/o Discount London 5 l/.4o/0 5 3/8o/o Do New York.... 3 I/20/0 5 3/80/0 5 3/8o/o Do. Bank of Ehglane........ •'.»,........ 4 1/2./!o 5 l/2o/_ 5 l/2o/«
S. PAULO STOCK EXCHANGE. S. Paulo, 16 March 1929 SELLERS
State of S* Paulo T.reasury Bonds..., Ditto, 1921 S. Paulo Municipal Bonds 60/0 Ditto, 1909 Ditto, 1910.. Ditto, 1913 Ditto, 1918 UlttO,
Total
16 Mar. 1929
X;7_0« .•¦.....•..•••........*.,
Ditto, 1926. Banco Commercio e Industria. Banco Commer. do Est. de S Paulo. Banco de S. Paulo (60 0/0)........... North- Western Bank of S. Paulo... Cia. Armazéns Geraes de S. Paulo. Caixa de Liquidação •• Mogyana Railway Co. Bearer........ Paulista Railway Co. Market firm.
BUYERS
890$000
970&000 76$000 90$000 9l$000 89$000 93$000 9Q$000 99S500 745ÍO0O 372$O0O 235$OüO 81$000 300$000 198$000 270$OOO
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March 21, 1929
wtt:rmàn^s brãsílían revíew.
APPROXIMATE VALUE OF THIRTEEN LEADING
335
EXPORTS, FROM RIO AND SANTOS, IN £1,000.
MangaNo. of days.
joffr-_t
Total, 12 months, 1918 Monthly average, 1918 Weekly average, 1918
nese
Meat
!8,0pn 2 046 3,230 1,503 171 269 347 39 62
Total, 12 months, 1919 ...-_..... 67,880 939 3,138 Monthly average, 1919 5,657 78 262 1,305 18 60 Weekly average, 1919 Total 12 months, 1920 Monthly average, 1920 Weekly average, 1920
51,037 1,971 2,857 4,253 164 238 982 37 55
Total, 12 months, 1921 Monthly average, 1921 Weekly average, 1921
31,635 1,012 1,367 2 637 84 114 607 20 26
Total, 12 months, 1922 Monthly average, 1922 Weekly average, 1922
41,815 3,484 804
631 53 13
914 76 18
Total, 12 months, 1923 43.739 440 1,332 Monthly average 1923 3.645 37 111 Weekly average, 1923 841 26 Total, 12 months, 1924 Monthly average, 1924 Weekly average, 1924 .... Total, 12 months, 1925 Monthly average, 1925 Weekly average 1925 lotai, 12 months, 1926 Monthly average, 1926 .*. Weekly average, 1926
65,425 392 1,082 5,452 33 90 1,258 21 67,584 694 5,532 58 1,296 13
729 61 14
60,852 945 170 5,071 79 14 1,170 18 3
Av pei
Sugar Beans Cotton Rice ílides Lard Sundry letal Jiem 981?
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19
237
*?
1,35°
U2
^m
83
ÍÍS1
-P.641
94
31
2*7°
31
JL 26 19 T1 57° 8l h2lZ i;_X ™A *&* ~™ 7l*374 ~m
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fn .í 125 *33 65 «-''M 223 -!?___!_!___? 29 42 15 1l565 223 lf?£_ *% 3€í 2'853 "432 ~362 *66J192 ~18_ 2„ 23
93 37 ¦'¦;¦}}2£ 58lí __74 Ji2 30
r>>582 1,277 182 182
362 ,91 306 469 1Õ~7 ~llÕ ~_i_m ~9_ 30 33 26 39 17 2.989 98 _J~_ 690 98
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23
1t9
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31
"ü
3,750
__2 __^D _— 294 780 56 473 ~461 ~76 2t "39 . 39 ___5 3? . ~~
82
12
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833 75 28
~"l5
494
24
1,166
Wl
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41
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6* 37 271 ~' ix_ 3i__ 2? lí»
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123
865 123 7t655 ~131 3,971 131 916 131
W^SS ~J8_ 5,618 ,185 1,297 185 70,704-
~194
5,892
'—
194
^359
. -
194
14 62,311 "l76 "6'194 tf» \_ 1,198 176
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1927. of of of of of of of of of oi of of
'_T...-7-* ;.t_
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._-.'•.
jiMonth , $Month SMonth SMonth áMonth SMonth SMonth SMonth SMonth SMonth SMonth §Month
_7M
\_.'::-:-'y:
January 5,664 43 — 4,444 30 5 Februarv March 4,762 36 11 April 3,633 14 36 May 3,570 30 31 June 4,326 92 60 July 4,398 31 112 August .....:. 4 307 47 138 September 5,006 39 40 October 6,493 92 62 5,374 56 17 November .... December 5,901 25 66
Total. 12 months, 1927 Monthly average, 1927 Weekly average, 1927
57,878 535 4.824 44 1,114 10
578 48 11
2 5
31 19 35 30 41 31 72 40 58 63 53 53
13 11
a
17 48 9
6 6 2
5 14 1
90 8 2
— 25 2
531 44 10
. -. ''-:'; .,..-.-.¦
1 1 5 1 1
8 1
5,739 4 498 4,844 3,714 3,688 4,530 4,620 4,550 5,197 6,726 5,502 6,055
185 166 156
¦'*,'
Ux*
119 151 149 147 173 217 183 195
59,663 4,972 1,147
163 163
1928. -•'íã__s
5,281 38 51 SMonth of January 067 72 31 af February 5 SMonth 5,125 46 67 SMonth of Màrch 4,736 33 78 SMonth of April of May 5,849 17 68 SMonth 5*112 81 103 SMonth of June 5,044 40 140 SMonth of July 4,654 90 136 SMonth of August ...... 3,727 53 163 SMonth of September 5,900 106 64 Month of October 4,350 73 77 Month of November 5,275 33 46 Month of December. . . 5,709 49 27 Month of January . .... 1228 — February. . . Week ending 14th 1,031 15 Week ending 21 st February 1,978 20 — Week ending 28 February . 5,738 35 27 Month of February. . . 1,339 24 Week ending 7th March. . . . I53 24. lst to 7th March . -.
SSubject to alteration.
— 34
—
39 28 56 81 44 94 70 52
59 68 25 30 24
5 19 10. 10
5,409 174 5,198 179 5,284 170 4,928 164 5,979 193 8434 181 5,294 171 4,932 156 4.002 133 6,138 198 4,525 158 5,384 174 5,809 187 1,235 177 1,053 150 2.003 2*86 5,819 209 1,378 197 192 28
"Sundries comprise Cocoa, Tobacco, Cottonseed and Mandioca Meai.
' ¦
•
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1
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'
_1rWTjFkWW%&7i:' , .;, .
BANK BALANCES BANCO COMMERCIAL DO ESTADO DE S. PAULO. 1M).OOU:OUO$0(!0
Hs.
CAPITAL CAPITAL REALISED . RESERVE FUND
60.000:009$000 53.000:000 $000
BALANCE SHEET OF HEAD OFFICE AND BRANCHES. 31st January,
1929
Assets.'
...
):Ü00SÜ00
40.00 „ ,„.,, <* unpaid Capital 44Q-3V8S340 o.ocrt lZ7>.*W.3-*%7,.sj Bills discounted Bills receivabtc: Foreign 0,£#MP1Í ™ ^2-SS2SÒ40 21/.^d:Qd9»000 222.382.b8^04U .-•• Domestic Loans in current account Collateral deposited as secunty Securities deposited Branches and Agencies Correspondents abroad Ditto, in Brazil SecurJti.es nwriéd by bank .¦.. Bank Real F.state accounts Sundry Cash: in hand and at bankers .
Tolal
Í«líftíèl^ lo^awnSinO *!M$M!l§8§ 95.422:287§300 742;605S080 1.151:473$680 2.445:926$500 18.481:5Ó8$3S0 4,9ò4:969S0S0 67 632283^320
-.'¦¦
Liabilities. '••• Capital Reserve Fund Compensation Fund on Banks real estale Balance of Prof.t and Loss Account 82.063:327$050 Deposita at fixed dates 226.420.521Ü&136 . interest with ac. Ditto. ijn c. 86.418:272$ 126 Ditto, without interest
^otal
S. Paulo, tendent
•
¦
j
¦
2^1929
2.24 :413$828 394.902:120$312
H5.444:077$746 280.369:617S395 14.128:919SS44 6.034:8185915 2 .962:019§287 55:5t5S000
de Padúa E. & O. E. - Sao Paulo, March ». 1929—Antônio Ramos, DSáfles, bSctor Presiden! ; Numa de Oliveira, Ernesto recior Maiiagers; O M. Pinto. Aecountant.
NEWS.
RAILWAY
COMPANY
RAILWAY
LEOPOLDINA
FHE
WEEKLY TRAFFIC RECEIPTS.
ESTIMATED
RECEIPTS FOR WEEK Week Ended
Year
Sterling
Exchange
Currency
TOTAL from lst January
1929
Çth Mar.
1.490:000$
5.117/128
36 716
357.297
1928
lOth Mar.
1.934:000$
5 123/128
48.035
479.428
444:000$
3/64
11.319
122.131
Increase.. Decrease.
1.088.862:981$3l0
Directors SuperinMarch 1929.—J. M. Whitaker, THE SAO PAULO RAILWAY COMPANY. ESTIMATED
DO COMMCROIO
B INDUSTRIA
OE •
PAULO
60.000:00ü.*000 CAPITAL REALISED 60.000iQOO.ÍOÒO RESERVT FUND 4.735:820$468 OTHER RESERVES BALANCE SHEET FOR THE HEAD OFFICE AND BRANCHES February
'Year
WEEKLY
TRAFIC
RECEIPTS
RECEIPTS FOR WEEK TOTAL from . . Week Ended Currency Sterling lsi January | Exchange |
1929
3rd Mar.
1 900:155$900 5 159/123
46.947-4-3 395.895-1-6
1928
4thMar.
1 853:376$000 5 123/128
46.032-14-11 371.545-11-8
28, 1929
Assets. 212.862:1061037 •• Bills discounted 111.60l:0ys$246 Bills receivabie: Domestic .... 3.842:979$50ü 328.306:183^783 Ditto, Foreign Loans in Collateral Becuiities Directors'
,
1.609 989:177$556
; L. de Asr.uir.pçâo, Manager; R. A. Coelho, Accountant.
BANCO
,, ¦ ;'V.;V-''Í/
60.000:000$000 60.000:000$000 2.492-.406S640
Bills for collectioh Branches Sundry accounts Cheques for payment Correspondents in Braail and abroad Unclaimed dividends
•
314.94l:491$780 Securities depos:ted and ín guarantee 222.382:882^640 Bills for collect on 6Ô4:894$670 106 Branches and Agencies 4.946-.631ÜS190 Corrcspondents in Brazil and abroad Bills payable 488:281^820 593:í!?gí0 Profit and Loss Account 9.140:746^600 Sundry accounts
'
'
Collateral deposited as security 301.284.687$4S9 Securities deposited 346.871:5S»40Q:. &. 648.356:268^89 200:000$000 Directors' deposit
I.088:862:981$3l0
Liabilities. 100.COO:000§000 rflT:ita, 53.000:000*000 if Z Fund risnA Reserve Depôs lr. n c. ac. with interest. i95.035:664$440 23.125:391$740 „1c,7ft Ditto, without interest 58.543:515$490 2,6.704:571&670 dates fixed Ditto, at
,'.; ¦
'^Ma^c^
wmikà vNS ;fíftWíttLM V «EVfEW
336
,.
.'.'":.¦•',
current account deposited as security 301.284:687$489 346.871:581^400 deposited ".'.'.. 200:000$000 deposit
Securities owned by bank • •••••• IVeal estate . . # • • • •-• • • • • < Branches Sundry accounts Correspondente tn Brasil and abroad Cash: In currency, at Bank of Brazil and at other Banks
Increase... Decrease..
-
46:779$9Q0 —
—
SÃO
201.005:085^403
PAULO
ESTIMATED
648.356:268$8S9 12.761:159$900 17.88h:733$847 263.267:935^605 6.514:893$037 31.546:6753>885
:
Year
1/32
RAILWAY
WEEKLY
914-9-4 24.349-9-10 —
COMPANY
TRAFFIC
RECEIPTS.
RECEIPTS FOR WEEK TOTAL Week Ended From Sterling lst January Currency Exchange .
1929
lOth Mar.
2.200:321 $800 5 117 128
54.220-3-5 450.115- 4-11
1928
llth Mar.
1.801:274$J00 5 123/118
44 738-13-6 416 284- N 2
i
100.344:241^207 1.609.989:177$556
increase.
—
Decrease.
—
399:047$800 — 3/64
9 481-9-11 33,8?Q-19-9 —
.
»V .!>?.!,. A N'S PR:. ZTltT *Nr- REVIEW.
March 21, 192.
w?
SAO PAULO RAILWAY COMPANY i
gg 'iM
Time-table, until fupthep notice Tralns leavlng SANTOS for SÃO PAULO tantos S.Paalt depart arrlve 6.20 7.34 8.15
9,00 10.00 10,19
8.25
10.19
,10.06 12.47 14.00 16.31 16.47
15 24 16 27 18.25 19.02
17.18 18.50
19.45 21.19
20.85
22.16
8.15 16 10 18.15
10.25
12.37
,'18.24 20.31
Trains
leaving SAO PAULO for SANTOS
8. Paulo Santot depart arrlve
Remarks Daily. Daily. Buffet Car. Mondays 8c days following holidays only. Pullman Car and numbered seats. Week days, except Mondays 8c dàys. following liolidays. Pullman Car 8c numered seats. Daily.. Restaurant Car.. .. Daily with' Pullman Car on week days* only. ¦ ¦¦'--¦< Daily, Buffet Car. Working days only Pullman Car 8c nnmberedseats. Daily, Buffet Car on week days only 8t numbered seats. ,. Daily_ «a NS?í> Daily, Restaurant Car. 2nd class Excursion tickets not available. Daily, Pullman Car.
Sundays and Holidays only. Pullman Car 8c numbered seats. Pullman Car 8c numbered seats. Second-Class coaches only.
Remarks
6.00 7.00 8.08 8.11 10.00 12.15
8.39 9.10 10.03 1Q 34 12 42 14.46
14.00
16.05
14.30
17.12
16.15 17.00 18.50 20 00
18.09 19,34 21.11 22.12
Daily. Restaurant Car. Daily. Buffet Car. Pullhian Car only on Working Days, and not on Saturdays from April to August inclusive. Saturdays only during April to August. Pullman Car 8c lst class coaches only., Numbered seats. Daily. Pullman Car on Sundays and Holidays, except on Sàtiirdays of Àprií to August. Working, days only. Pullman Car 8e numbered seats. Daily. Buffet Car. Daily. Restaurant Car; Excursion tickets- not available. Daily, Pullman Car.
5.50 7.10 7.35 8.00
8.08 9.29 9.47 10.05
Sundays and Holidays only 2nd. Cláss coaches only. Numbered seats. lst. Class co-ches only. Buffet Car numbered seats. lst; Class;coaches only.. Pullman Car 8c numbered
Daily. Excursion tickets not availa.le.; Working days only. Buffet,Car 8c numbered seats. W.srking days only. Pullman Car..8c numbered seats.
S6'lts.
TRANSIT PASSENGERS calling at Santos usually have ample time toascend ————————— the slopes of the forest-clad mountain range known as the «Serra do Mar»¦-;¦,special trains will, at an hour's notice, be placed at their disposal at a cost of 200 milreis for 40 passengers, plus Covernmeht impost of 1$$Q0. per passenger travelling. Above that number 7.500 each person. * The return trip lasts 3 hours in ali, giving time for Iunch at the top of the Serra («Alto da Serra»). Passengers arriving early at Santos can also usually visit the city of São Paulo; leavini Santos by the 8.25 train, they reach São Paulo at 10.19. After a motor drive through this large city with over 900,000 inhabitants, the 12,15 train will land them in Santos at 14.46 in good time to caích the steamer sailing at 15.30 or later. The São.Paulo Railway, whose first section began in 1860, has been assiduously Consolidated and improved since then, and .lias long enjoyed a deserved reputation as second to none in. the world in point of solidity and security. The Inclined Planes on the Serra represent a triumph of engineering sei ence and perseverance. The geological characteristies of the ground are such as to render construetion and maintenance of railway lines over it a work demanding the utraost patíence, skill and care.
SAO PAULO' sometimes calíed the «Chicago of South. America» and whose prospetity bids fair at no distant date to rival that of its above named American contemporary -*• is a bright breezy city, situated on a tableland 2,700 feet above sea-level, and distant 79 kilometres, or, Ih. 50ms. by São Paulo Railway from-Santos. It possesses wide streets, important public buildings, theatres, excellent shops, etc, and electric tramway and lighting services, and is notable for the unusual architecture and floral beauty of some of its residential suburbs. The sanitation is perfect and the climate bland. THE PORT 0F SANTOS- possesses wharves alongside which áll- ocean ..'.'' going steatners, are. bertlied. Its quays; and spjcious warehouses are perfectly equipped for the rapid despatcli of ali d,.criptions of cargo. BUSINESS IN SAO PAULO STATE is, naturally, for the tnost part, it' an agricultura! and pastoral charact ;r. The Government is always ready to encourage enterprise. The Secreta* y of Agriculture replies promptly.o ali inquiri es through the special «Infor. mation and Publication Section» of this Department. E. A. JOHNSTON, Superintende nt
1/2/28.
COFFEE.
Clearánces overseas from the ports. of Rio and Santos during the week ended 14 Mareli, 1929, and Crop to Date
Rio de Janeiro, 2lst March, 1929. Closing quotaiioris:— SPOT
March. Maroh
13-1929 20-1929
Rio Santos 7s. 4s. 29$148 33$500 29$279 33$500
-Grop to. 9. Fehima-jr:¦r—-r—
New York* -SantosRio 4s. 7s. 7s. 18.14c 24.1/.5C 22.%c 17. %c 24. %* Z'M' -*^H|
. -,- '*¦
......................
- ¦¦ -..
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'-
.
,..-'
Wll EMAN'S BRAZILIAN REVIEW.
March 21, 1929
©O-FFEE CLEARED FROM THE PORTS
—
...
-.-..--,:,'...-
._,-._., ;.
.-..-..
.¦.-. -... ¦¦'•..
---..-.
CO. OIROUXiAR OfF _J__|E*_*JU__RY 21,1929 (last market rejport was isoiied on Felbruary 8_h oaflfee ipriees have -coinitiinued' to rule firm., and have imtprovel from 40.to.-0 points for tlhe Rio as well as for .tlhe Santos bomtra-ct. _*1his advance was ca-useü in ithe main by tlhe. covering of short© in tlhe hear-by positians, tlhe fi-imaies» osf Brazilian markets
¦
and tíh,.e buyi-iig oí the more diistiant moi.tl__aí,-by new» latenrecrte. The imíproivemient is. tlhe-niore re__aaiíkiaJbllie as iit took place in the face olf continuec. profit- takünig, mPstUiy for Brazilian- account.. Other March ionigs* have t_*a__s_:erired itíheir positions. to May, Jully andv Sepitemlber, &m q.uoted at a disicauint anfli shorts- have done At ítlh-a- writing ijt is d_£!fipult to say 3*ust -wjhere the Pkewlse.. March iposàrtion here sitandls'. alithouigh we feel thait a great many commitments. whiPh exisited1 no* lonig ago,, have by this time been evened! ulp. Braiziit ási askin(g about 17,i2;5, for Rio 7's which is a parity df; aJbPUt 117; 815. itf deh^ered- on outc l-SachangOi, against a The present qjuotatioín of 17.'0(1 for Marcht and 1(6.-95. for May. same discrepancy exflsts. im regard to ©anitos- 4's. which a/re quoted at ',2(3 Vst C. & F. in Blrazil on an average,, which. ca_-*espo__d-* to about 24% for iHxtohanige deli-very, whille March is -iel-ing at 2i3.i5(7—May at _|2.,9iQi and Juily at 22.000. The present eâtuBr tien may best be ilHiustrated by the fact that 25 is now asked here om the sipot for Santos 3's and 4's wlhile gpoti Codoimlbian washed coílfee can «be ibouight at '2(4'to. 2i6 and: umwashed1 Central A__r_ericanej at 22 \.a. 2& , ali ott which iu__uaJí_y command a piremiuan> otver (Santos iNeedless to say tiháe does npt exaotliy denpt-í a heal-thy conddtiom. iRelports comitinue to be received of heavy raino im Brazil Wthich are imteiriferi-nig wi_h tratflfiic <30i__ditfiomis im general, as weítt as causdnig o.ther haivac. Receilpts im Santos have decreased temparar_ly to frotm '2Oi,0*OO to 24.'*>0-. *ba®s a day and it io said that they will continue to toe sanall for severafli day® to come, pending repairs to ithe Raiilroadt. Buying* orders1 receáiV-d from Bra-sil in this market Jiead uís to believe t-iat in some quarters it ls thoüght that there is sertoiií. damiage to'the crop,. caused The following perhaipsi throulgh the heávy gtrowth df weeds. Brazil reached record breaking tàib.e shows ithat the rains in figures duirinig Jainuary and' calbled ."eperts state that they have contimued durinig iF*ebruary. Beflow we smhmiit a talblp of the raii__a_L in S_x> Paulo :
" • 1
¦-.*vi
zy.
7_V;|-V-
:7.:.'.
S
340
1087/28
1928/2V9
t 01— 45— 61— 3'6<— 4—
AiprJl May June Jonly August Total
5 mon.tiha ...
Seipte(*níber Octoiber Novemlber Deteemlber Januairy February Mairch Totail
•
**
t
2'3'7*—22.
20— 2 91— 6 86— 8 2431—16 50_—2©
j;f.
'<'•
tMilíiimeter©.
.
t
•j,
** 5 5 5 6
•j.
ss
144— 80— 122— 7—
20— 2 45—4 18—2 Revc-ution 5— 1
•j-
ss
7 6 9 1
t **
ss
64— 16— 8_— 18— 69—
5 2 6 5 6
36— 16— 34— 3— 15—
2 1 4 1 3
75— 6
«18— 9
3'80—i25'
260—23
196—18
1:77*—21
104—11
368—30
170— 7 131— 7 61— 7 IOO— 7 .1.70—16 2(26—15 216—17
36— 4 107— 8 77— 6 340--19 198—16 305—13 200<—14
t60— 7 10.8— '8 f 160—10' fl61—.10' .2-916'—20 60*— 6 166—10
10— 2 12— 2 21i2—13 161—10 134—10 58— 6 140,— 9
229—13 93— 9 14!7— 9 1317*— 7 162— 9 1,5,91—1.2 110— 8
45— 3' 86— 8 204—10' 10.3— 8 236—16 211—13 210—15
26— 3 6 >6— 6 171—10 512— 4 381—23 162—13 207—14
1,0173—76 1,263—7fi
1,011—71
7127—53
1(()I3,7___6I7 1,094—73 1,064—73
1,631—106
1,188—92
815—61
1,417—912 1,344—96 l,168—-84
19©9/3<0* 1,4,000,000
t ss
1921/22
1922/23
19_<3/24
1924/25
101215/20
147—12 36— 5 32— 3 98— 5 65— 6
49—4 •6— 2 64— 5 12*— 1
£216,9—94
..
Produced Orop, São Paulo Baigs ?iBstiimiajted.
s*
1026/27
36— 51— 48-— 44— 3.—
6 5 7 9 1
7 Tnontlhs ..
Total 12 mon-hs
1
March 14, 1929
' tVTT FV1 • V'«S g>n i.***Ti ! AV I.F.1RW
1928/2.*
1027/28
18,000,000 6.500,000 **íDays.
everywhere It is corious to note «ha* wea*_™_r conditions W_.-le it- New York we are seem to be u-iaertUed at rpresent. with gloricus srpells of en.oying an all-nost perfect winter, mlld, eeem» to be unsuns-hine, and even in, the Arct.c, tlhe weatiher In CoEurope. usm-Jl-y mm the severest cold is reported in the crop and is lombia a drouigiht te causinig some daniage to down lhe Magdeüena Rwer preventimg the movement oí coffee of inundat_oT-S. While at the same time Brasil te compíaining damage to the São News paper tcflegrarms today qpeak of 25% for the usual Pau-o crop by rain-of course. we (have to a-How EaMaf in São Paulo _nn.e Ja«MCTeratim ln _tuch recorte. 43. nuary lst seems to have amounted to January amounted to duir-Lnig Interior receüpts in 430o Paulo anny have had some about 156,000 togs. OBad weatlher condltions interior warehouses Inffluence on tlhe shipment of cdffee from for granted that the rebut at the same time, we must taSse it brings un «* W$& r_a.n.ri<_ iq.uàntiti^cán only be «m* mis since July lst to 5.702,000 oí coffee received in the Interior of coffee received during baírs or if we inolude the- amount 1928/19-. the mon.h of .Tune. 1.28-alI of tbe far «^4,000 so ^a»«"_»we find that the present crop has yielded in all up to May 31, bags and will yield about 6,600,000 bags figuring from July or about 7 milhou bags for the season in Colômbia ports lst 1928 to June <30_h, 192.9. Arrivals about, ,2,87.2 149 bags during the past year, 119,28, were »« ta »« 2,5.2-8.-826 -bas* in l__7-_,_t.,-M ngàiHst IA statement received from the Comfbuhy 1917 754 in 1925. Paulo, dated January Ootfee and Ootton .Estates in São out which turned 22nd, reports that of the 1927 crop and have been sold 95,050 cwts.—so far only 32,130 cwts The delay disposed of. that there is left 62,920 cwts, to be of coffee to Braailian ls due to the -estriction of entries same report shows that the ports by the Coffee Institute: The end of September fcut that 1928 crop was gathered in ta the only 3,078 cwts its total Yield was only 20,170 cwts., of which 192-7 So far therefore only one-third of the had been sold. 1928 crop. Altogether crop has been sold and only 15% of the be disposed of. The 70% of the two cr opa remain still to to give an estimate same report stated that it was too early indications point to a of the 1928 crop but that present Wlhile Estates. very eatisfactory yield on the Company's already know from these figures confirm that which we and even a other sources, they also contain an exrplanation they tend to iustification of (Brazilian coffee policies, as and to counteract create an average yearly supply of coffee crop irregularities. in any It is believed that the Haiti crop is emaller than recent year.
192.6/27 9,9,36,000
27— S
191215/iae
1924/35
10,029,000 4,886,000
1923/24
1922/23
16,000,000 6,769,000
1246,000 bags ITlhe Costa Rica crop is supposed to yild or approximately 15% less than the season l92,7/2'8.. of Central Endeavors are now under way on tbe part some sort- of an American coffee growers to arrive at of action for the understanding to adopt a common line has crops, somewhat similar to what disposal of their "Wle understand that negotiations are been done in .Brazil. what these <^™* carried on secretly. We de not -quite see in vxew of the fact that will have to gain by such an action to reaP all the the Brazilian ipolicy 'permits them ^enef^ without incurring any of the (Brazilian Defense measures, own-part responsibility or damger on their has taken plaee of which The most notable change change in «^en** late in the coffee situation is the that the consequences of the WJhile it is çenerally realized th. futur. through Its reac ion Defense polioy will _. feit ln to fl.ht Brazilian dlctattan . Prod-ction! lt wouM be .se,ess them to -ominate »e _! I__ as .uantities in si.ht permit into Brazilian plans It does not seem to enter sUuation íor near months. push prices abóVe present parity thon.ht *-* *»^ , whil. it is -enerally _____ éÀ the months to oom. «* sistenee on prose_t prioes for up to the present parity and July, may force their values m^rfectlv néarby deliveries. a **t*W with situation the present Looking at ls the • a _, +>,^ fact which strikes us most mentlone iS^ "U fg^gg fllrther it wuuiu or even below Brazilian prices.
ana __._ ^^x^-^l^r- «-t
:u; — »£*. mm ^x \: rr.
contract here may continue t?f&&ffi^Wàt run actual -he
m oa-
little J-.íí]*^?g^^J^___ _radefacto will remam the decisive
intrinsic values th«y may do „ m a few w,„ have to _o up and crops have after the bulk of present neglected ^n ^ too «-V"^^"^,, will prov. .<__» Santos else Ícome Santos coffee w when the supply of better grade
m0reFrtf;urely
eoonontical potat o^J. ^__\ "^t
said that present coffe. prices
.be fhMr rea^tan will
a -^i^^J_íT-l :t_nPdr°taCre w^y -of»a^^^____"_-K-
consumption. ^hile rendered tne wyear's suecesses have
conscieus
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March 21, 192tf
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BRaZíLIAN ft__ÍVl__ÍW
COST AND FREIGHT QUOTAT.ONS. The
are
quotation.
a»
follows:-
American, Brazilian and Cost and Freight Prices. Rio7s. Near Spot Month Victoria Victoria Rio 7s * Rio 7s. -ExchangeStore Santos N. York Santos 7/8s. 7/8s. f.o.b. Reis Rate Cents N. York 4. Reis Optlons Reis per 4. Cents Freighi Cents Per 1928. Pence Per lb. Bollars cents cents Per Per lb. Arroba Cents Perlb. Arroba f.o.b. July 6th 5 10 kilos f.o.b. 91/32 8$240 15 3/4 15.48 Per bag July 13th 5 127/128 8$225 16 1/4 15.57 82$000 14.40 40*000 July 20th 5 255/256 15.40 16 5/8 8$230 361000 22.35 15.70 321500 60.00 15.00 41|300 July 27th 16.00 5 255/256 8|235 16 1/2 36$300 15.80 22.85 33$500 60.00 15.00 419300 August 3rd . 15.80 5 255/256 17 8i$23U 36$400 15.95 22.75 60.00 33§000 14.90 411000 August lOth . 15.60 5 127/128 17 8$23U 85$900 15.90 22.45 60.00 15.30 42$200 August 17lh . 5 253/256 16.00 17 1/4 8$24ã 36(200 15.90 22.70 ou. Ou 34$500 15.10 42$Ü00 August 24lh . 15.80 5 63/64 17 1/2 8$2.A) 36$000 16.00 22.70 60.00 35$U0Ü 15.60 42$400 August 31 st . 16.00 5 63/64 17 3/4 tíí_5U 36$100 15.78 22.45 6U.UU 35$O00 15.60 42$G00 September Gth 5 253/256 16.10 17 Ò$a.05 ' 35$6Ü0 lò.ciü 22. .,5 35$000 60.00 15.60 43$000 September 14th 16.20 5 63/64 81255 17 1/4 351600 16.16 22.00 OU 34*500 60. 15.80 431500 September 21st 16.40 127/128 17 1/8 35$000 16.05 22. Uü 6U.UU 35í500 15.85 44|600 September 28th 8.24U j 16.85 17 1/2 351600 16.02 22.20 34$500 60. UU 15.85 4_i$õU0 October 5th . . 16.40 8$240 6 17 1/2 35$900 16.30 2_j.au 6U.U. 35$000 15.90 43«$500 16.50 October llth . 6 36|200 1/256 8$230 17 3/4 22.20 16.40 60.0o 35$5U0 15.70 43$400 16.40 October 19th . 1/256 . 8$230 6 17 7/8 36|000 16.16 22.15 35$500 60.00 16.00 43$200 16.70 October 26th . 36$000 6 255/256 17 1/2 8$2.0 22.10 16.00 60.00 36.000 15.90 431300 October 3Ist . 16.50 5 255/256 8*240 17 1/2 35I7U0 16.05 21.80 60.00 351000 15.40 43$400 16.40 November 9th 8$250 5 127/128 18 34$700 15.82 21.60 60.00 35$000 15.70 43$300 November lGth 16.50 5 253/256 Ò;2_»ò 18 35$000 16.10 21.60 60.00 34|500 15.50 42$600 16.30 November 22rd. 35$0UU 8$350 21.60 5 127,128 18 60.00 15.84 34$500 15.70 42$30U 10-40, 34.tíüO 21. Oü November 30th 60. UU 8$260 18% 5 6364 15.75 34$500 15.60 42isi300 16.60 35Í000 21.60 6U. UU December 7th. 5 123|128 8$295 18% 14.50 341500 15.60 42|300 16.40 34|300 21.40 60.00 December 14th 8$280 17% 5 247J256 34$500 15.30 421200 16.20 33$700 21.30 60.00 December 21 st 8$290 17% 5 125.128 14.94 34$000 15.30 42$500 16.60 34|400 21.25 60.00 December 28th 5 125,128 8$265 18% 15.40 34$000 15.40 421500 16.20 34$600 21.40 January 4lh . 60.00 5 3132 8$280 18% 15.30 34$000 15.40 42$400 16.20 25|200 22.00 January llth . 60.00 5 1251128 8f270 18 15.43 34$000 15.40 42$200 16.10 35$200 21.95 January 18th . 60.00 5 _.55|_56 8$245 18 15.93 34$ÒO0 15.30 41$500 16.10 35$30O 21.85 Jan. 24th . . . 60.00 8$235 18% 6 16.37 34$800 15.70 42|8jDO 16.40 36$900 22.70 Feb. Ist. 60.00 6 . . 8$230 18% 16.63 35$500 15.75 42$6Ô0 16.40 37.300 23.05 Feb. 8th . . . 60.00 5 63|64 8$260 18% 16.88 35$500 16.20 43$200 16.40 37$900 23.10 Feb. 15th. . . 60.00 5 63164 81260 18% 17.30 36$500 16.40 44$200 16.85 38$300 23.20 60.00 March Ist . . 5 247 256 81280 18% 16.94 36$000 16.35 43$600 16.60 37$900 23.45 60.00 8$295 18 5 61 64 March 8th 16.32 361500 15.90 42$300 16.35 37$800 23.00 60.00 March 15d. 5 123J128 8$290 17% 16.95 36$000 16.15 42$800 16.60 37$400 22.85 60.04 (N0TE'|hQ,,oUt-°n8 f°-"«-e ¦"><"« of th. .e.r ««7 „_ve _«„ publ,5___ i„ .upplcne,,, t__ Any reader des:riug , obtam ,,_• to a copy of this supplement need only apply t0 the Editor). i
•
•
•
•
¦ ':"sZ '.¦"
¦
,•"¦
u.es
of their power, at the same time their lheavy profit taking lately has convinced us that many responsible interest there are not inclined to away with their present be carried opportunities. Their policy for the time being seoms to be rather to «eli out now and then and to await reaction of the market to buy àgain. Wíe advise following their lead.
The total entries by difterent São Paulo Railways for were as follows: Per Past Sorocabana Total at . Jundiahy and others S. Paulo 1928/29 4.007.142 2 372.931 6.380.073 1927/28 8.503.853 1.883.645 7.357 498 SALES
COFFEE
STATISTICS.
D}/,
g°#"oamos
ENTRIES.
..........
COFFEE LOADED
In -bags of 60 kilo.
Total at Santos 6.262 189 7.376.219
Mar. 7/1929 30.442 128.000
Mar. 15/1928 29.707 157.000
158.442
186 707
168.329
(EMBARQUES).
During the week ending March 14, 1929 FOR THE WEEK ENDED
FOR THE CROP TO
Mar. 14 Mar. 7 Mar. 15 1929 1929 1928 Central & Leopoldina)" j By rail 57.040 62.168 47.380 Coastwise __i 100
Mar. 14 1929
Total
Mar. 14 1929
Mar. 7 1929
Mar. 15 1928
FOR THE CROP TO
Mar. 14 1929
Mar. If 1928
Rio
62.160
57.040
47.480
2.094.015
2 812.526
Rio Santos
62.499 112.253
44397 134 219
70.824 2.013 150 2 702.813 173 è Ò64K .185.030 7 265.795
Santos
243.974
243.483
207.393
6 262.189
7.376.219
Tota Rio a Santos
174.752
178.596
244.488 8.198.180 9 968.608
Total Rio a Santos
306.134
308.523
254.873
8.356.204
10188.745
M>*—n—__________________________________________________________¦___. .¦-¦'¦¦
:
DURINO WEEK ENDED
2 094 015 2.639.866 172 660
t -'
i~.
In bags of 60 kilo.
Mar. 15 1928
-',>,
¦ è
¦•,¦-:¦;;
Remaining at S. Paulo
(DECLARED). In bags of 60 kilo.
During the week ending March 14, 1929
¦::-'¦' ."3-?
Mar. 14
OF COFFEE
Mar, 14/1929 <03-*9 • .-¦ 128.000
Total
tbe crop to
"•¦.: am
VALUE OF COFFEE CLEARED FOR FOREIGN PORTS.
*
. , :
'VV
\VT,1;EMAN'S BKáZILÍ.VN
342
During the week ending March 14, 1929 In bags of 60 kilo. Mar. 14 Mar. 7 1929 1929 Bags Bags 33.257 98.500
Rio.
138.449 162.47'. 171.706 260.979
Santos Total 1928/1929 do
1927/1928
167 030 346.864
. ».
Mar. 14 1929 £ 148 097
Mar. 7 1929
THE TEA
m
a
Crop to Mar. 14/1929 £ 8.351.992
Bags £ 440 612 1.874.016
COFFEE TRADE JOURNAL
898.025 6.091.204 33 645.922 765.211 913.308 1.338.637 7.965.220 41.997.914 869.697 1.800 590 9 723 721 43.653.554
Published monthly on the 1 Oth. at 79, Wall Street. New York.
I
v ."-.¦¦"
COFFEE SAILED. During the week ending March 14, 1929
The International Organ of tbe Tea and Coffee Trade.
In bags of 60 kilo.
UNITED
f.-_
EUROPE*
RIVER
OTHER CAPE poRTST°™L K« Sgn» «DITER- COA8T «.J
PORTS
13.-486; 3.240 3 775
9 038
«Io
6978
36.497
CROP
TO DA„ 1.9611.906
Santos....
74.778
62.400.
1.271
138.449^6.096.385
1928/1929..
83.816
75.866
3.240 5 046
6.978 174.946 8.064.2S1
1927/1928..
116.459
4à.8l7
2.910 6.754
169.940
By Subseription, $4,00 per annum. Advertising Rates on Application. Subscriptions and Advertising received by:—
-.827.136
Wilematfs Brazilián Review.
OUR OWN STOCK. In bags of 60 kilo.
29 Loaded (Embargues) for week ended Mar. 14 1929 Local consumption stock AT rio on Mar. 14 1929 •-• 1.052.982 santos stock on Mar. 7 1929 243.974 Entries for week ended Mar. 14 1929... 1.296,966 >29 112.253 Loade (Embarpues) during same week Mar, 14 1929 sto:>k at santos on Mar. 14 1929 11.405 Bahia -stock on Mar. 7 1929 1.613 Entries during week ended Mar. 14 1929. 13.018 Clearances during same week Stock at Bahia on Mar, 14 1929 Stock at Rio. Santos and Bahia Mar. 14 1929 do do do do Mar. 7 1929 do do do do Mar. 15 1928
(Agents for Brazil)
230.819 62.160 292.979 62.499 3.500
Rio— stock on Ma. .7 1929 Entries during week ended Mar. 14 1929. '.:>.
RUA
CAMERINO, 55-57,
_**^^
4
5.847 ^ 7.171
f*F*mm2_)_3í
1.418.854 1,295.206 1.286.958
SHJP AND SAIL BY
MUNSON STEAMSHIP
H. FL1NDT
S.S. PAN AMERICA S.S. AMERICAN LEGION SS. WESTERN WORLD 'SIS. SOUTHERN CROSS
'1905 — 1st Class References.
THE ADVERTISER.
Your aim ln placing announcements In a paper is primarily because yon know that what you offer meets the eye of persons Once readers are interested tt most likely to. be interested. rests with the advertiser to push the enquiry into good business. "Wileman's .Brazilián Review" numbers amongst its readers every coffee, banking, export and import house of any standing It is rare for an advertisement to be within three continents. drawn. The inferenee is obvious.
LINE.
Twelve Days to New York Fortnightly Sailings by
•37Fenchurch Street—LONDON E.C.3.
•
809.
1.184.703
Changes in Their Agency Arrangemente are Requestedto Communicate with
rt-.:
(P.O.B.)
226.980
General European Representative or Contemplaling
TO
CAIXA POSTAL
RIO DE JANEIRO.
Reliable Shippers of Brazil
Established
March 'VL, 1929
REVTEW-
*¦
AU speed records for merchant ships between Rio de Janeiro and New York are held by these 21,000 displacement ton vessels. Combining express epeed with great steadiness. they òffer the discriminating traveler the comfort and luxary of the best hotéis. For rates and further information address.
The
Federal
Express Company.
RIO — SANTOS -•» SAO PAULO. -^¦^ui^.^jwaa-*' j-j^hji't__m_*** ma*.m-.-eH.w-wy
"^"^««s f\Hxmv\\ AEV1EW
March 31,-1929 ™
i
—
^—é—^——
w^fô^. a (
.
-r
_-
d.
fJ
m
5/3 «Valparalso»—Gothemb.
250 199 Ditto " 125 Ditto 125 Ditto—Stockholm ....... 750 Dtttt» 500 Ditto 250 "'tto 125 Ditto ? 125 125 Ditto < ii.fí.i 125 125 Ditto—Sundsvall ...... 500 .Ditto McKinlay & Co 125 E; G. Fontes & Co 125 D tto—OrnskoMsvik Vivacqua Irmãos & Co..!. 250 Diito—Helsinki Vivacqua Irmãos & Co.... '¦'i «rto 550 '."' McKinlay & Co 325 Üitto KG. Fontes & Co 125 Diito r Ornstein & Co 125 Ditto—Abo Vivacqua Irmãos & Co. .. 250 orno Ornstein & Co .... 150 Ditto—Gefle . Fraga Irmãos & Co....... 125 Ditto E. Johnston & Co ... 125 Ditto—Karlskrona .¦Cia. Naciunal Com. de Café 125
Enfermos
•
"LOIDU Unicoproducto Italiano de fama mu dial Que. friccionando en Ias sienes. refuerza el netvio óptico, quita el cansando de los ojos. evita el uso de lentes incluso beptuagenarios. recuperatidose en poucos dias una vi&ta envidiable No mas míopes, presbitas ni
.-•
¦
•II
vista debiles. PEDID HOY MISMO EL
INTERESSANTE LIBRO GRÁTIS
Dlreccion General: UGO MARONE Plazza Falcone al Vomero, 1 (Itália) NAPOLI ¦^e*^—¦ am» ¦¦
Hard, Rand & Co E. Johnston & Go ,.. Vivacqua Irmãos & Co E. G. Fontes & Co Vivacqua Irmãos & Co McKinlay & Co,..; E. G. Fontes & Co Ornstein & Co Hard. Rand & Co!!"!!!]. Fraga Irmãos & Co....ü! Cia. Nacional Com. de Caíé I in-mlor Wille & Co Vivacqua Irmãos & Co.!!!
i
RIO íDE JANEIRO
,
•¦•••*«
I !•
>•
MANIFEST OF COFFEE.
.-.,»i.
•
•
¦
¦¦
During the week e-nding March 14, 1929 12/3 «Suevier—Rosário..... 5/3 *I. Isabel de B.»—Cadiz. «Ditto Ditto Líillu
.McKinlay & Co Theodor Wilie & Co. S. Pereira & Co.... Ornstein & Co
350 100 100
75
5/3 «Flandria»— Amsterdam. Ditto Ditto Ditto •••••••• Ditto tiitto
Theodor Wille & Co. Magalhães .& Co. ... Ornstern i& Oo McKinlay & Co EPaklm & Co Ltd Pinto Lopes & Go..
625 1.937 500 457 250 125 18
7/3 «Cleawater»— N. Orleans
E. Johnston & Co. Pinto Lopes & Co. Lage Irmãos Battermann & Co Vivacqua Irmãos & Co.. Pinheiro Ladeira & Co.. Eliakim & Co. Ltd. . Sion & Co
3,267 933 500 500 450 300 250 242 100
9/3 * Ávila «—Buenos AireB.. Ditto Ditto Dtto—^Montevidéu
'Ornstein & Co.. Vivacqua Irmãos & Co.... E. G. Fontes & Co 'Vivacqua Irmãos & Co.
3,275 500 200 100 250
9/3 *Conte Verde»—Genoa. . Ditto m ...... Ditto Ditto M m Ditto Dlt to Dtto—Catania . Ditto—Alexandria Ditto—Tripoli ... Dftto—Constantinople Ditto— Stamboul......
Magalhães & Co. • • « • • ., Pinto i& 'Co. Theodor W I «¦ & C<> .. Oswaldo Tardim & Co.., McKrnlay & Co Vivacqua Irmãos & Co... Theodor Wille & Co...., Oswaldo Tardim & Co.. Theodor Wille & Co. .. Oswaldo Tardim ! Co. Theodor Wille & Co
1,050 250 150 125 125 125 125 1 5 250 125 50 250
10/3 «Ceylant— Casablanca...
E.
1.700 250
10/3 *H. •hieftain»—B. Aires
Ca. N. Commercio de Cá^é 1,300 Pinheiro Ladeira & Co 1.000 Hard, Rand & Co 225
¦»»
Ditto Ditto Ditto Ditto nitto Ditto
nitto Ditto
•«••••••i
G.
Fontes & Co..
10/3 «Colombo»—Naples Ornstein & Co. • • • • • Ditto Magalhães & Co. „ Ditto •• ........, Tude Irmão & Co Ditto .......... Theodor Wille & Go . Ditto " E. G. Fontes & Co.... • ••"•«'• • • Ditto—Genoa Theodor Wille & Go. . Ditto w Ornstein & Co......... Ditto w Hard, Rand St Co ••••••* Ditto—Dedeagahet ..... Theodor Wille & Co
2,525 375 350 250 125 125 500 125 125 125 2,000
Vivacqua
12/3 «Pilot Magallanes Ditto Ditto Ditto—Puerto Montt .... *>iUo <>*«o Ditto—Talcahuano Ditto
— Ditto Ditto—Valparaiso DHto
>•••-##• •'•-•*•
Ditto »» Ditto Ditto Ditto Dltto Ditto Ditto—Corral Ditto—Antofogasta Oitto Ditto—Iquique .„.
•»•-.-»
•-•
i
Irmãos
& Co.
.
5,724 200
Norton Megaw & Co. 300 Ornstein & Co 200 McKinlay .& Co.. 200 McKinlay & Co 400 Ornstein & Co 250 Norton .Megaw & ;Go. 50 Theodor Wille & Co. 400 McKinlay .& Co.. • ••••« 350 Ornstein & Co 25 Ornstein & Co. 1.472 McKinlay & Co 1.067 Theodor Wille & Co..!.!! 850 Hard, Rand & Co..* 349 Cia. Nacional Com. de Ca « 200 Leon Jsrael & cCo _ 185 Norton Megaw & Co 150 Rebello Alves & Co 100 •McKinlay & Co... 75 Ornstein & Co. 100 Hard, Rand & Co30 sOrnstéin & Co 225
'^. '."•¦ "r"^
¦ .'Mi...
Im
13/3 ««M. Mara»—N* Orleans •«to
6'978 VTvacqua Irmão & Co 500 Cia. Nacional Com. de Café 250 .... Rebello, Alves & Co 250 '.. Eliakim Taddei & C:a. .... 175 ...*. Cia. Nacional Com. de Café 1,00)
Ditk
Ditto Ditto—Galveston
14/3 fWestern W.»—N. York Rebello Alves & Co....... 2.175 1300 DHto Leon Israel & Co 1,595 »» Ditto J493 American Coffee "Corp. . Ditto E. Johnston & Co.. 250 Ditto Vidal & Co 250 •
'•••••
*'¦<
¦•»
3,588 Total Overseas
33,257
SANTOS During the week ending March 14, 1929 1/3 JHollywood-^S. *\ Calif.. «Ditto
Andrade Junqueira & Co.. Leon Israel & Co •Dltto „ J.. Aron & Co •Ditto „ •jima Nogueira & Co....... Dttto rm • •••••••• Theodor Wille & Co 'DlttO m Hard, Rand & Co.......... 'DlttO n Nioac & Co ,. Silva, Ferreira & Co Dltto Ditto—San Pedro Hard, Rand & Co.... ,. Ditto Leon Israel & Co Almeida Prado & Co.,..,*. Ditto Nioac & Co Dltto " J. Aron & Co., Ltd. Ditto „ Lima Nogueira & Co...... TWtto Martins. Wright & Co.... ©Rto " ¦
•
•
•¦•
•
mim •'9í•
•
•¦•
•
• • •
2,645 2.551 1,436 1.375 402 275 252 256 1*275
?io 375 250 250 200 151
¦:-|i
gíSB-Kí*.
WTLEMaNS
344 Ditto Ditto Ditto- -Seattle L-ju-j Dittn Ditto XX* Ditto Ditto- Vancouver
I;
.••••'
i .{< Lf ¦
DiUo- Portland Ditto Ditto 1/3 «Eubée»—Havre, l*i!li.
Ditto Ditto i • •! I <)
„
Ditto „ Ditto M Ditto »» Ditto ?» Ditto Ditto >i »» Ditto Ditto- -Bordeaux Ditto j» Ditto 1» Ditto Ditto • ••••' Ditto—Nantes 2/3 «Pará»—Buenos. Aires,. Drtto 1» Ditto .... _>mo „ .... Ditto „ Ditto—Consumption Ditto , 28/2 «Tunisier»—Antwerp ...
¦'¦¦:"¦
:¦:-¦
I
;'¦ :.,:¦
'> '. tO
¦¦
D.ito Ditto Ditto Ditto Ditto Ditto Ditto Ditto Ditto Ditto Ditto Ditto
„ „ n „ „
Ennor & Cia., Ltd Nossack & Co. Naumann, Gepp & Co.... Leoa Israel & Co E. Johnston & Co Martins, **»Vright & Co • Hard, Rand & Co Silva, Ferreira & Co Naumann, Gepp & Co Leon Israel & Co Leuu Israel & Co Martins, Wright & Co.... Hard, Rand & Co
125 117 650 450 300 250 125 550 50U 300 375 117 50
16.346 3,500 J. Aron & Co E. Johnston & Co 2.000 1,250 Hard, Rand & Co 1,050 Nossack & Co 1,000 Asiatic Trading Corp. 500 Picone & Filhos, Ltd 500 Franco Soares & Co Andrade Junqueira & Co.. 500 Oswaldo Ferreira & Co... 250 125 Leon Israel & Co 125 Almeida Prado & Co Azevedo Silva & Go. . 50 ... 500 Naumann, Gepp & Co. Martins, Wright & Co.... 250 Nossack & Co 125 125 Vidal & Co 5 Lara Netto & Co Nossack & Co 125 11.980 459 Cia. Prado Chaves Lima Nogueira & Co< .... 399 Raphael Sampaio & Co... 208 Ribeiro de Barros & Co. 100 Leon Israel & Co 10U Asiatic Trading Corp. . 3 American Coffee Corp..... 2 1,271 Naumann, Gepp & Co 1,875 A. Ferreira & Co 875 Hard, Rand & Co 750 Nossack & Co ,.. 675 E. Johnston & Co 625 J. Aron & Co 625 Prudente, Ferreira & Co. 562 Vidal & Co. ......777..... 500 Oswaldo Ferreira & Co... SOO Zerrenner Bulow & Co.... 272 Bartholomei Serra & Co.. 250 Theodor Wille & Co 125 Almeida Prado & Co 125 Leon Israel & Co 125
7,884 2
3/3 «MassiUa» —Vig*o
José
3/3 «Swiatowid» —Havre. Ditto Ditto Ditto Ditto Ditto Ditto Ditto Ditto
Hard, Rand & Co. ....... 1,750 Franco Soares & Co 1,375 Theodor Wille & Co 1,000 J. Aron & Co 625 Lima Nogueira & Co. ... 500 Naumann, Gepp & Co 500 Eduardo M. Hafers 51K) Nossack & Co 375 Almeida Prado & Co 250
4/3 «Flandria»—Amsterdam Ditto Ditto Ditto rmt/-. Ditto n Ditto Ditto Ditto Ditto Ditto Ditto •" Ditto Ditto DHto—Consumption
6,875 S. A. Levy 3,108 Hard, Rand & Co 2,383 Naumann, Gepp ¦$ Co. ... 2,127 Oswaldo Ferreira & Jo! .. 1,075 E. Johnston & Co 1.795 Asiatic Trading Corp 1.500 Cia. Prado Chaves 1.500 Theodor Wille & Co 1.434 J. Aron & Co 1,150 Andrade Junqueira & (_o_ 500 Silva, Ferreira & Co...... 500 A. S. Miehelet 500 Soe. Nac. Exportadora, Ltd. 275 Leon Israel & Co... 250 J. Thornton & Co. 3
Baccarat
18,900
March 21, 1929
REVIEW.
RRaZÍIIAN
5/3 tBoswell»—New York. ' Ditto Ditto Ditto Ditto Ditto Ditto Ditto Ditto Ditto Ditto l;itto 5« Ditto
American Cofiee Corp.... .£5,250 McLaughlin & Co. 2,600 . 1.900 J. Aron & Co Hard, Rand & Co. ....... 1.550 Junqueira, Meirelles & Co . 1.250 Prudente, Ferreira & Co. 1.000 750 -j • •"¦ • j_*cvy • • •¦• •»•••••••• .t Cia. Leme Ferreira...... .6-750 E. Johnston & Co . 500 Theodor Wille & Co. ... . 500 Baccarat & Co........... 500 Rangel, Oliveira & Co... • C 250 .* 150 Vicente C. Mello
5/3 «M. Olivia»—Hamburg*., Ditto ,,__ Ditto Ditto Ditto D t.t to „ Ditto „ Ditto „ Ditto Ditto „ Ditto Ditto .... Ditto " • Ditto „ Ditto—Rotterdam Ditto Ditto Ditto Ditto Ditto—Consumption
16,950 Naumann, Gepp & Co..... 1,5.5 Theodor Wille & Co 1.500 E. Johnston & Co 1.193 Eduardo M. Hafers, 1.064 Cia. Prado Chaves 793 S. A. Levy 500 A. S. Miehelet 500 Raphael Sampaio & Co... 500 Sion & Co 250 .1. Aron & Co 125 Fred H. Cox & Co. .... 125 Almeida Prado & Co 125 Nossack & Co 125 Ferreira Ru vo & Co 125 Theodor Wille & Co. 1,625 S. A. Levy 1,250 Oswaldo Ferreira & Co. .. 625 Naumann, Gepp & Co 553 Oliveira, Osório & Co. 2 Asiatic Trading Corp. l
5/3 «Clearwater- -N. Orleans uiitò „ Ditto ., Ditto „ Ditto ültto „ Ditto Ditto Ditto Ditto Ditto Ditto Ditto „ Ditto „ Ditto „ Ditto Ditto 1-lllÜ
„
Ditto *? Ditto m LíUlO
_,
6/3 «Comniack»—Philadelp. Ditto Ditto >» Ditto Ditto \ Ditto Ditto Ditto Ditto Ditto Ditto t» üitto „ Ditto—Boston Ditto Ditto Ditto Ditto 7/3 «Alpherat»—Rotterdam.. Ditto *•_¦:;¦ Ditto Ditto Ditto ....... Di*to
12,556 Hard, Rand & Co 5,569 4.246 Cia. Leme Ferreira Leon Israel & Co.. 2.750 Silva, Ferreira & Co...... 2,603 E. Johnston & Co 1,750 American Coffee Corp 1.500 1.500 S, A. Levy 1,250 J. Aron & Co Raphael Sampaio & Co... 1,180 Prudente Ferreira 1 Co 859 Naumann, Gepp & Co 750 Sampaio Bueno & Co 750 Lima Nogueira & Co 750 Martins, Wright & Co.... 750 Andrade Junqueira & Co. 500 500 Cia. Prado Chaves Nossack & Co 258 Junqueira, Meirelles & Co. 250 Nioac & Co 250 Ennor & Cia., Ltd 125 Oliveira Uangel & Co 125 28,215 S. A. Levy 2,375 Theodor Wille & Co 2,000 E. Johnston & Co ". 1.000 Lima Nogueira & Co 1,000 Co. Leme Ferreira .. .. 750 J. Aron & Co., Ltd. 500 Hard, Rand & Co......... 392 Arbuckle & Co. 334 Sampaio Bueno & Co 291 Martins, Wright & Co. ... 250 A. Ferreira & Co 250 Silva, Ferreira & Co 250 Franco Soares & Co. 125 American Coffee Corp 1.500 Hard, Rand & Co 1,000 Sampaio Bueno & Co 750 S. A. Levy 250 Naumann, Gepp & Co 250 Asiatic Trading Corp. Almeida Prado & Co.. S. A. Levy h. Johnston & Co.... Nossack & Co Naumann, Gepp & Cc
13,267 1,025 1,000 875 750 375 178
4,203 Total
Overseas
138,44
.UH
ASAI-
1 March 21, 1929
¦VIIIÍMaN:
HR \Zff.1 AV HKVfKW
VICTORIA
I
During the week ending March. 14, 1929 1/3 tAim.Alexan.-.—Havre, Hard, Rand & Co. ¦.O.ítto Ornstein & Co Ditto ., ; .. O. Santos & Filhos Ditto—Antwerp Ornstein & Co.... Dilto—Rotterdam Ornstein & Co.. Ditto—Hamburg . O. Santos & Filhos Ditto ........ Vivacqua Irmãos & Co
500 175 250 250 62 125 251 1,613 625 125 125 375 375 375 250 250
4/3 «Kron. Marg.»—Gothem.
Hard. Rand __ Co... Hard, Rand & Co... Hard. Rand & Co... ........ 0. Santos & Filhos Cia: G. Reb. de Café . -•••-. O. Santos & Filhos Theodor Wille & Co. .... Vianna Leal & Co.
Ditto—Helsingborg Ditto—Stockholm Ditto-
DHto M Ditto—Gefle nitto Ditto
4/3 «W. Keene» — Jackson... Ditto—Baltimore f)i»to
Ditto—Norfolk
.........
Hí.rd, Rand Hard. Rand Vianna Leal Hard, Rand
5/3 «Santarém»—N. Orleans. Ditto .. ........
Vivacqua Irmãos & Co. Ojnstein & Co
5/3 «Teresa»—Genoa D_tto—Naples Ditto .. . Ditto—Trieste .. Ditto
Vivacqija Irmãos & Co. Ornstein *..-Co......-.-... Hard. Rand & Co. .... Ornstein & Co Vivaooua irmão & Co. .. Hard. Rand & Co. ...... A. Prado & Co ..... Tbeodor Wille & Co.!.. Cia. C. Reb. de Café... Cruz. Sobrinhos & Co.., Olivei-ra Rrothers V:anna Leal & Co...... Hard. Rand & Co Hard. Rand * Co .. Theodor Wille & Co ..'
Oitto Ditto Ditto DHto Ultto ni»to Ditto—Ancona D-tto—- Mctkovic Ditto—Malta ..
- • • • •
2.500 125 1,750 500 250
& Co & Co. & Co & Co.
2,625 .. 3 000 2,250
6/3 «Valdivia»—Iyas Palmas
Ornstein
&
6'3 -Baugru--New Yorlc....
Vivacqua
Irmãos & Co...7
9/3 -Tunisier»-Antwerp....
A Prado* Co ~ Hord, Rand & Co. ...
mtto
11/3 «Alpherat»—Rotterdam. DM1 " Ditto—Bergen
Co
O-nstein & Cn.. Theodor Wille <_ Co V.anna Leal & Co..
5.250 125 125 125 2,350
1,376 375 550 375 375 250 125 125 125
345
CHARGEURS
REUNIS
ET
SUD-ATLANTIQUE
PASSENGER SERVICE Next Sailings The Luxttrioue Liner . 0R RIVER .LATI
FOR EUROPE
LHE»
25 March
The Best "Cuisine"-Maximum Comfort. 11 & 13 Avenida Rio Branco. TELEPHONE: ¦—
Rio
de
NORTE 6.207 Janeiro
—
Pará Hi-bbea* Movement and Prices (By CaWe.) The Movement of rubber at Pará during the week ending March 16, 192*9, was as follows:—'¦ 8,521.792 -..*..Stock on 9 March 1929 499,008 Entries during the week ending March 16 Available Clearances- during the same week: To United States To Europe To Sundry ports
_>_;'-'.
9,020,800 558,999 5,602
;
— 564,601
8,456,199 Stock on 16 March 1929 follws per Spot prices were quoted-in March 16, 1929 as kilo: Mar. 16 Mar. j) 3$600 3$550 Upriver Fine... 1$800 1$750 Upriver Coarse. 00 2$ 6*0*0 2 $6 Island _Tine. .'. . 1$600 1$*5*0*0* Island Coarse. . 2*$000 1$ 9*0*0Caucho • Bali. . .
M__l ''¦'3
za
¦..Tí
63 125 6,589 50 750 750 250
1 000 250 250 62
COTTON.
-4 ¦.----.¦
i
The Pernambuco Market closed on 13 March 1929, with first sorts quoted at 56$000 buyers, against 56$000 buyers on the previous Wadnesday and 5'5$'0'O0 buyers on 14 March last year. The movement at Pernambuco for the week ended 13 March 1929, was as follows, in bales bf 80 kilos:— 8,600 Stock on 6 March. March 3,200 ended 13 Entries during the week ... Available... Deliveries during the same week.
.-;.
-f:
11,800 6,800
562 Total
Overseas
.'..
20.939
RUBBER. NEW
YORK
RUBBER PRICES, WEEK ENDING I9th MARCH 1929 lTpi.ver Fine Washed & 13 14 15 16 18 Dried . . . . ....... 30,7/8 30 1/8 29 3/4 29 3/4 29 3/4 Upriver Fine . . ".':"'.;. 26 1/4 25 1/2 25 1/8 25 1/8 25 1/8 Upriver Coarse . . ... 15 1/4 15 1/4 15 1/8 .17 1/8 16 Caucho Bali . . ..!.. 15 7/8 15 14 1/4 14 3/8 14 3/8 Pará Island Fine . ,. 23,3/4,23 22 3/4 22 3/4 22 3/4 Pará Island Coarse .. 151/8.14 131/2 13 1/4 131/4 Piaintation S.moke d Sheets .. . • ......... 25 7/8 25 24 5/8 24 5/8 24 1 2 Do. Late Crepe 26 1/8 25 1 4 24 7/8 24 7,8 24 7 8 . Market Steady. Stock Orient rubber in U.--S. A. 153,882
tons
19 29 7/8 251/8 151/8 141/2 22 3/4 131/4 24 5/8 25
5,000 Stock on 13 March 1929 10,*500 Ditto, on 14 March 1928 For the crop to date entries amounted of 119,500 bales as against 118,900 bales for the same period last crop. The Rio Market closed on 13 March 1929, steady with prices quoted ae follows — 6 Mar. 1929 14 Mar. 1929 13 Mar. 1929 - 47$000 47$000-48$000i 46$000 47$00*0-48*$000 Medicms. .. 44$000-45$000i 44$00'0<-4_:$000 44$00_< - 45$000 Serstões 41$000*-42$'000 41$000-42$'0>00 41$000- 42$000 Firsts - — 42$000 - 43$000 Paulista.. — The movement at Rio dè Janeiro during the week ended 13 March 1929, was os follows: — Stock on 6 March 1929 . . . . ....... . ; . . . * .-.-. . . , . V. 24.31Í Entries during the week ended March 13 2,433 Available Deliveries during the same weeck.
26,744 1,638
Stock on 13 Maroh 1929 Ditto, 14 March 1928...
25,106 21,728
'•¦'-'V .'¦
'
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¦
¦ ¦
.
.<¦•
346
WILpiAN-S pR^
rr :;;vvv-vv-sugar ;*v -¦*«- ¦¦¦--¦-
•<-
.March 2L.1Ô29 '. ,[. g^<5_S______________a______c___^ •___:. :.. :¦_ íj/.'. Íí _".,? \«,
-i
SSKt y **"-!
.•
¦•.
-,
* «.-¦
•:
•',
•--
-_í
..-
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mjÍ
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,-
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Available. .... .Y. 7". :..*. .....:.. Deliveries during the same week
..'Vi'
Stock on 13 March 1929. 1,1.2_,800 Ditto, 14 March 1928..... -...-....; 464,40Ó For the crop to date estries amounted 3 . 563.700! bags aa against 3.2 9'6. 5 00 bags for the sarae period last crop. . • The Rio Market closed on 13 March, steady,* with-pticesquotecl ae follows, per kilo; crystal 1$2 67 to 1$2'83: Demerarae1 $'067 to 1$10 0 Mascavinho, l$-06'7 to 1$100 Mascavo $'817- to $867. ... ;¦'¦__ The movement at Rio de Janeiro for the week ended 1:3 March 192i9, was as follows: .-¦ .* Stock on 6 March 1929. : . ., . . . 151,028 Entries during the week ended March 13.... ..- 57,141-
on 13' March. on 14 March 1928
154,196 422!559
¦
m'OTATIONS OF COTTON AND SUGAR IN FOREIGN MARKETS During the week ending March
Mar. 3
COTTON -
11
14, 1929
12
13
14
perlb. Liverpool 12.30 p.m. pence... Pernaiiibiico and Maceió Falr Spot •American Fully Middling Spot. Ainericàií Futures May. » |nly » October..... * ;.».-. January. .. _.:¦
11,32 11,1. 1089 10.87 10,68 10,63
11,32 11,110,90 10,8.1 10,70 10,65
11,33 Ü,I3 10.92 10 91 10,74 10,70
10,85 10.85 10,69 10,65
11,28 1-1,08 10,92 10.92
F'.7_ 10.69
11,32 ti,12 I0,8t> 10,89 10,72 10,69
New York American Middling Uplaiids Spot - cents ^American FutnresMay July » October.. . '* » January .... C
21,. 5 21,-9 20.83 2J.53 20,60
21 .65 21 ,44 200.89 20i-58
21,45 21,21 20,72 20,38 20.43
21.35 21 45 21. II 21,13 20.65 2n.64 2*...3_ 2.).32 20.42 '20,40
21,45 21,15 20.65 20,52 .0,59
20,65
-."üa-idon
Close—P er
cwt. Futures March... »
» »
May
,
August .. DccemVer.
New York Close - Per lb.cents * » Futures March.... » May » July » September » December..
-r
^Tl*j
-.•.
$t^jj
Ed|tiçrr
G Br ::_.'
U [. [.
k. CL
ti
R0vls©«; $ Injpròvòd. Comprehenslvê à Compact. Reli able & Up-to-Date
íl
a a a
&
C C B C. I. D D lf
Price Rs. 5SG00 Obtainable from ''•'.' ..¦''-'."¦'-•.
The Royal Mail Steam
Company
m
Rio, Santos, S. Paulo, Pernambuco
G: G B
Públished by South American Publications Ltd., Atlantic House, Moorgate, London.
11
„ S ¦
I2S_______L5P nnç?x7?Xr?i;?x_?ç?x7?^ BEE.F:-.Mar. .5, ss. Alcântara, ©outham-pton, Armou. Corporation, 102 tons; ditto, Continental Products Company, -9, 100 tons; Mar. iCeylan, ss. Casablanca, Continental Products Co., 10<9 tons; ditto, Havre, Armour Corp. 208 tons; ditto, ditto, Continental Products Co., 90 tons; ditto Antwerp, Continental Products Co., 367 tons; Mar. 11 sW Avelona, London, Frigorífico Anglo, 121 tons; ditto, Lisbon
'An'gl°' '2° t0nS'
t0tal
beef'
1'117
ÍOn9' VaJlíed
OFFAJL:—Mar. 5, se. Alcântara, Southampton, Armoür Corp., 9 tons; Mar. 9, ss. Ceylan; Hamburg, Continental Products Co., 12 tons; Mar. 11, ss.'Avelona, London Frigorífico Anglo, 39 tons; total offal, 60 tons. valued ac £2,040.
SHIPPTNG STEAMERS'
SUGAR:
:¦>.
j-
ftrÍ£g3°2ÍfÍCO 11.27 11,07
,—'.'¦.:,-"-
T.e l„Ép.„.__le Annual íor i ioiereÉ miolli and Geníral dnierica. México i Çnbam
Deliveries during the- same week.... 208 169 Available..:..... ....'.'...' : 53*973 : Stock Ditto,
'.-'.•¦
ow ready 1929
______i____i^ ' 1,21'4,80'0 . ' 89,000
'*.'
\'
Ther Pernam-büeo-Market closed -o» -13--Mãrch. __£!____. firm, •with quotations as follows1, por 1*5 kilos; Uisinas lst sojrt»,- ¦_].&•_¦•.•;.• minai Crystals, 15$50'0< to 16$000 Deníeráras nominal 3td'V sorte, 1 _"'$-_'(M) to -13$5:0*0*; Somenos11 $500 to 12$500 and Brutos,, seccos, 6$0:00 ,.to. 9$5 00 as. against...Usinas lst sorts noniiiiâí— crystal, 15$>500 to 16$'000 Demeraras nominal 3rd sorts,'l£&-0;0v' to 13$'5«00;' Somenos, 11$500' to l2$50o Brutos, 6$00o~to ^$*50.0;;; -^-v^V.on the previous "Wa. d nes day. ¦ .•--...'.¦-..V The movement at Pernambuco for thè week ende^Síl^M March 1,929, was as follows, in bags of 60 kilos: S::v".;v '*f§ ' Stock on & March . . . . . ...'.. ..... LOST.Ç-OO Entries during March 13......... 15*7,2*00 ív week ended ' *- ¦'¦' ." *i'_'._T_-:,c '*.',-r*i ¦;•.'. -' • -, í* ti:
_¦¦_¦_'<
MOVEMENT»
For reasons explained in the first column of "NOTES" the isue, we are reluctantly compelled to postpprt3 publication of the movement of ships until our next isftè: of
1*2,6 12'12/ 3
ra/6
1,92 2.U3 2.13 2,19
12/6 12/-
r./3 12/6
1,91 2,01 2.11 2.16
12/ 4 1/2 12/ 4 1/2 12/ I 1/2 12/3 11 7 1/2 11/ 7 12 11/ 11/ 9 9 11/ 1 1/2 .2/12/ 4 1/2 12/ 3 12/ 4 1/2 12/3 12/4 1/2 12/3 1,88 1,98 2,09 2,14
1.99 2.1,9 2 16 2.21
1,99 2,12 2,16 2,21
2,01, 2,10 2,19 2,24
ME AT. Clearances overseas of frozen and chilled meat ports of Rio and Santos during the week ending 20, 1929, in tons of 1,000 kilos, are as follows:— From Santos::— .
at the March
¦
IMPORTANT "Wileman's
H
.
NOTICE
Brazilian Review" circulates in 31 countries, In the t-vo hemisphere and in 123 different cilies, and towns, of which 81 in Bra7.il, 17 in the Uuited States, 14 in the United I-.ngdom, 7 in Sweden, 6 in Finland, 4 in Germany. 4 in Itaíy, 1 ui Norway, 4 in Japan, 3 iu France, 3 in Holland. 3 in S*itzerland, 3 in South África. 2 in Argentina. 2 in Belgiúm. 2 in bgypl, 2 rn Denmark and Venezuela and 1 each in üruguay, Chile. Peni..Salvador, AuMria, C/echoslovakia, Latvia, Roumania, Àustra.ia. .it va, Ind:a and Dutch East Indies
