COMMERCE
1143
The guano deposits on Huanillos, Punta Lobos, and Pahellon de Pica, which had been delivered over to the Peruvian Corporation, reverted to the Chilean Government on February 2, 1901 ; they contained 40 or 50 thousand tons of guano ; but those on the island of Lobos de Afuera, and at some places on the coast, still remain in possession of the Corporation. In 19i0 the Corporation exported 61,575 tons ; in 1911, 69,587 tons.
The mineral resources of Peru comprise gold, silver, copper, lead, zinc, nickel, iron, quicksilver, cobalt, bismuth, molybdenum, vanadium^ borax, coal, salt, sulphur, and petroleum, besides gypsum, kaolin, ochre, and other valuable earths. Gold, silver, and copper are worked chiefly in the Cerro de Pasco region. The most active mining companies are American, but Peruvian, English, and Franco-Peruvian companies are also at work. The mineral output for 1910 amounted to the value of 3,373,212Z. For 1910 the gold output was valued at 96,612/. Value of metal exports in 1911, 1,860,189Z.
There are over 1,000 looms employed in cotton factories consuming 1,600,000 kilos, of cotton and turning out about 15 million yards of cloth annually.
Commerce.
The value of the trade of Peru in 5 years (exclusive of Department of Loreto) has been as follows (10 soles =: 1/.) : —
1907
1908
1909
1910
1911
Imports . Exports .
£
5,514,787 5,747,732
£ 5,295,625 5,375,712
£ 4,356,530 6,134,370
£
4,631,280 6,408,282
£ 6,371,388 7,422,027
The values of the total exports of the principal articles from Peru in 1910 and 1911 are shown by the following table : —
Articles
1910
1911
Articles
1910
1911
£
£
£
£
Coca .
19,768
53,002
Minerals .
6,868,661
1,987,762
Cocaine
67,215
73,291
Petroleum .
114,049
388,077
Coffee
22,378
49,408 1
Rice .
44,939
80,151
Cotton
986,407
999,463 1
Rubber
1,234,851
522,044
Guano
176,498
270,593 1
Sugar .
1,343,451
1,415,586
Hats, Panamas .
117,6S9
172,093 i
Wool .
466,355
393,940
Hides and skins
88,200
104,808 1
The distribution of the trade was mainly as follows (10 soles = IZ.) : —
From or to
Imports
Exports
1910
1911
1910
1911
£
£
£
£
United Kingdom .
1,678,701
1,719,831
2,446,824
2,896,640
Germany •
790,710
946,206
348,176
562,297
U.S. America .
779,422
1,165,602
1,975,665
2,037,599
France
485,903
289,529
750,112
380,478
Chile . . .
152,188
76,769
906,558
1,274,032
Italy . . .
167,790
199,450
1,097
—
Belgium
250,595
333,982
103,237
98,928
Argentina .
_
11,282
8,767
2,014
—
•ST 'J.' -
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