Image 2 of The eagle (Silver City, N.M.), May 20, 1896
author: Anonymous
source date: 1896
availability: public_domain

THE EAGLE WEDNESDAY MAY 20 lttU demoralization ot the financial inter ests of continental Europe and the Orient by political disturbances the former outlets of the enormous accu mulations of money in London have been closed The rivalry of the Argen tine Republic at this time therefore appears of more importance than it would perhaps in normal financial times In the Record Mr V E Ortis pointed out recently the growth of the agricultural industry and the cattle in terest of Argentine An enormous ex pention was shown in the agricultural area of the country which only a short time ago was almost entirely pastoral The change is remarkable and cereals now form a more important part of the export trade than hides meat and wool although there has been an increase in these shipments In 1893 the wheat acreage of the republic was 3305000 and in 1895 7340000 acres In 1884 1 008000 tons of wheat were exerted chiefly to Europe and the total ship ment oí cereal products mat year amounted to 1881000 tons Altliougl there was a falling off in the wheat crop last year the shipments of cereals were 309000 tons more than in 189 when