The production of sulphur has increased a little, but the 

 home market is not self-supporting. Forty-thousand tons of 

 sulphur are produced every year hi the country, but a great deal 

 more has to be imported. 



Iron is awaiting the development of hydraulic power in order 

 to expand. The output of iron ore is about 30,000 tons per annum. 

 The total amount of iron in Portugal is estimated at 75,000,000 

 tons. The average percentage of iron is 43 in the mines that 

 have been worked. The number of claims registered is 93 (July, 

 1922). The most important iron concessions of Portugal are 

 situated in the district of Braganqa, vvhere the French firm of 

 Schneider and Cie holds 22 concessions that have never been 

 worked. Messrs. Burnay and Cie, of Lisbon, are the only firm 

 exporting iron ores from the south of Portugal, and then- mines 

 are the only ones being exploited in the country. 



The Braganc.a mines depend entirely on the development 

 of the hydro- electric schemes of the Douro. 



Antimonium and lead are being worked on a very small 

 scale. 



A few valuable coalfields have been discovered and are being 

 exploited at St. Pedro da Cova, at Cabo Mondego, Lena, near 

 the big cement factory of Maceira, and in other places. In 1914 

 the coal ouput was 30,000 tons, in 1921 it amounted to 210,000 

 tons, an increase of 700 per cent. 



Minerals will be treated in Portugal as soon as there is 

 available electric power, and metals will in future be exported 

 instead of ores. It will represent a benefit to the exporters, 

 who will cease to pay the transport of useless loads and who will 

 pay salaries in depreciated money. A great number of subsidiary 

 chemical industries would find an open field for expansion. 



Mineral Waters. 



Mineral waters are very abundant all over the country and 

 many are being exploited with great success. 



Agriculture. 



Sixty per cent, of the inhabitants are occupied in agriculture, 

 but 38 per cent, of the total surface of the land might stilt 

 be utilised. The percentage of land that is not utilisable (rocky, 

 towns, &c.) is 4.65 of the total area. The land is not self- 

 supporting, notwithstanding the fertility of its soil and the 

 mildness of its climate. The agricultural implements and 

 machines do not correspond to the present needs, and hand 

 labour absorbs a large percentage of the cost of production. The 



