During 1905 the amount sent out of the country was, in round numbers: Wheat, 3,000,000 tons; linseed, 650,000 tons; maize, 2,500,000 tons. During 1906 it is expected that, after deduction for local consumption, for flour, and for seed wheat, there will be available for export the following: Wheat, 4,000,000 tons; linseed, 650,000 tons; maize, 3,500,000 tons-that is to say, an increase in wheat of 33 per cent and in maize of 20 per cent. An export of such quantities as the above should produce in cash nearly $200,000,000.

During the year 1905 it is calculated that the Argentine Republic has paid for marine freight £5,000,000, and it is thought that during 1906 as much as £7,000,000 will be spent. Most of this has been carried in British ships, and these figures do not include the fares paid by some 9,000 passengers and some 180,000 immigrants, which together must amount to an important sum. Argentines urge that to prevent such large sums of money leaving the country a national mercantile marine should be formed.

The flour trade to Brazil has been growing steadily of late years, and, considering the large population of Brazil-some 13,500,000— there would seem considerable room for development, as is borne out by the following figures:

FLOUR SHIPMENTS TO BRAZIL.

1901.

1902.

1903.

1904

1905..

The above figures for 1905 are merely an estimate.

BUDGET FOR 1906.

Tons.

63, 464

41, 812 66,344 93, 080 130,000

According to "The Review of the River Plate" of January 12, 1906, the budget of the Argentine Republic for the year 1906, as officially published, is summarized as follows:

Reducing these to paper, we get a deficiency of $116,000 on the ordinary account.

The statement submitted to Congress by the Finance Minister in May last provided for an ordinary expenditure of $23,945,678 gold and $116,142,978 paper, so that Congress has increased the amounts. by $202,880 gold and $8,984,065 paper.

INTERNAL REVENUE IN 1905.

The receipts from Argentine inland taxes during 1905, amounted to $39,053,435 national money and $71,443 gold. Deducting from the former amount the taxes on sugar and natural wines, which have been suppressed, the amount received in paper money for existing taxes was $36,365,592, and the receipts from the same taxes in 1904 were less by $1,884,543 national money and $43,379 gold. Nevertheless, the Minister of Finance has estimated next year's revenue from this source at more than $3,500,000 less than has been actually received, and his estimate of the customs duties is $8,500,000 gold less than the amount received.

The receipts from the post and telegraph offices amounted to $7,842,000 national money, being $1,600,000 less than the estimates, but the revenue of the department yielded only a small surplus, the expenditure having been $7,781,000 national money. This is explained by the vast distances over which the mail is carried, and the telegraph wires extend in sparsely inhabited Provinces and national territory.

CUSTOMS REVENUE.

The custom-house of the capital of Argentine Republic produced in 1905, $45,992,887 gold, and as such receipts represented about 90 per cent of those of all the custom-houses, the total amount received

must have been about $51,000,000, being $4,300,000 more than the receipts of 1904 and $10,000,000 more than the budget estimates. The differences would have been greater but for the fact that the merchants have of late cleared as little dutiable merchandise as possible, in anticipation of reductions of duties which took effect on February 4, 1906, and the exportation of wool, hides, skins, etc., has also been delayed because of the suppression of the export duty of 4 per cent thereon.

PORT MOVEMENT OF BUENOS AYRES, CALENDAR YEAR 1905.

The Buenos Ayres " "Handels-Zeitung" ("Revista Financiera y Comercial") publishes the following figures showing the export movement of Buenos Ayres during the calendar year 1905:

MOVEMENT OF THE PORT OF ROSARIO IN 1905.

During the year 1905 Rosario exported 2,237,574,485 kilos of divers products, as follows: Sugar, 1,327,267; bran, 33,969,971; middlings, 17,683,549; cow horns, 147,106; birdseed, 913,672; borax, 764,285; dry cattle hides, 4,698,549; salt cattle hides, 5,723,085; dry colt skins, 65,413; salt colt skins, 8,308; goatskins, 459,310; sheepskins, 85,319;