Page 10 Advertisements Column 5

New Zealand Herald, Volume LII, Issue 156, 30 June 1914, Page 10

An American and trench, syndicate i<! reported to have been loaned to !,i:k. and operate grai: elevators on the American pirn in Argentina, the second lar„'e>t prain-exporiing country of the uviM. This company is culled the, So.-ifxl.ul Argentine do Elevadores (Argentine Shifty of Elevators), capital £6.000.000. It u:il build, eqaip, and operate |nc;.l and Terminal chvators throughout the- pt.b i.\ The experts mid engineers v.ho have i■ported to the syndicate estimate that ■:< South America is coats 5s 8d foi <i -::.,' the same unit of work that is done it 4d in America. The different is due to the hand labour of South America and Europe, as against the modem iu!t..n-stio machinery _ in the United State.-' hi 1 Canada. The exports report 15 days' time in loading a vessel cs against live !,i.m» in America. In Russia ojieratioiia will begin later, although an hnpoiunt start has been made there already bv the litis sian National Hank, whidi proposes to finance for the Russian Government tho marketing of grain through an elevator system.