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Show I FINE MARKET . FOR AMERICANS fit lllmj Argentina Ranchers Coming IE to United States to Select HI Blooded Stock. MM Buenos Aires. Oct. S. (Correspond- IH. ence of the Associated Press) The UV removal of the interdict upon the lm- B portation of American cattle Into IS Argentina opens to American breed- H ers a most promising market that has IK been monopolized by British breeders KM heretofore Already some of the Ar- IKd gentine cstancicros, as the owners VI of great ranches aro called, have tak- IKfl en interest in the possibilities of the IKl uew conditions, and as a pioneer in K the trade, Senor Celendio Pereda, K one of the most prominent of the Ar- B gentine ranchmen, has gone to the K United States to select bulls and oth- K or blooded stock for his vast estates. K In view of the phenomenal advance WW in the prices for live stock in the Ar- B gentine and the probability that they H may reach still greater heights, par- H ticularly if the European war con- K tinues, it is assumed that the estan- K, r cleros who seek cattle in the United mm States -will be prepared to pay well B for choice stock. B The cattle show at Palermo, which MB is an annual fixture and which is con-IB con-IB sldered an economic barometer of IB prosperity in the republic has just WM ' closed with results that are far more JflB ' encouraging than could have been ex-jB ex-jB pected. It made plain the fact that HB In wliatever other ways the country IW might be suffering depression, its jMi basic industry cattle grazing pros-B pros-B pers as never before. jB , The Argentine has suffered trade K ; disturbance as a result of the war, M ! and during the past two years the B I country has been passing through B "what is called here a "crisis of prog-B prog-B ress" the result of lavish expendi-B expendi-B ture of borrowed capital in national B and provincial public works. But In B the face of these adverse conditions, mW there is the outstanding significant B fact that a single champion Durham B bull for instance, has just sold at auc-B auc-B tion for $60,000 paper (the Argentine IH paper dollar being equivalent to, about B 42 cents gold). |
