AMERICAN LUMBER IN FOREIGN MARKETS. 



67 



in the value of the milreis. The market prices, duty paid, are to-day for 

 pitch pine, 65 milreis per dozen planks, 14 feet by 9 by 3 inches, 

 white pine, 205 reis * per foot; Swedish pine, 60 to 70 milreis per dozen 

 planks, 14 feet by 9 by 3 inches. These prices are subject to 6 per cent 

 discount. To-day's exchange 9, a 6 pence per milreis, or say 18| cents 

 United States currency 90 days on London. The market is actually 

 reported dull, with weak demand and the prices low. The stock oi 

 timber, paid for at more favorable rates of exchange, is large, and 

 retailers only cover immediate wants in view of the possibility of an 

 amelioration of exchange. 



CLIMATE. 



Brazil extends to the north beyond the equator and to the south still 

 more beyond Capricorn, and its climate is naturally varied. Hot 

 weather predominates, but is modified according to the different lati- 

 tudes in which it makes itself felt, and is influenced by the position, 

 but principally by the elevation, of the land. It is intense under tlie 

 equator (on the Amazonas), much less severe in the states of the center, 

 mitigated on the coast by regular breezes, and progressively reduced 

 to a mild temperature in the most southern states, but specially in Rio 

 Grande do Sul. There are two seasons in all that part of the country 



)m Amazonas southward, inclusive of the state of Sao Paulo, the 

 dry and the rainy, while in the states of Parana, Santa Catharina, 

 and Kio Grande do Sul, four seasons are distinguished, but not so 

 strongly characterized as in the United States. In Miuas-Geraes, 

 [atto-Grosso, and Goyaz, the climate differs according to the elevation 

 ind the latitude of the various parts of these immense states. 



GENEEAL BUILDING. 



General building, it is feared, will not be carried on as extensively 

 luring the next lew years as was the case since 1889. Ship building 



of no special consequence in this country. 



The length of railroads in construction, under study and to be 

 studied, was January 1, 1892, in kilometers: 



* There are 1,000 reis in the milreia. 



