File:Image from page 242 of "Chile today and tomorrow" (1922) (14769605065).jpg

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Identifier: cu31924021189315 Title: Chile today and tomorrow Year: 1922 (1920s) Authors: Joyce, Lilian Elwyn (Elliott), 1884- Subjects: Publisher: New York, The Macmillan company


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Text Appearing Before Image: ing of 1922, was said to be mainlyfomented by the considerable foreign element. Among the remaining coal companies of importanceare the Cia. Carbonifera de Lirquen (Penco); the Cia.El Rosal (Concepcion); and the Cia. Carbonifera deLebu, owning three mines and a railway. The price of Chilean coal responded to war conditions.In 1914 it stood at about 13 paper pesos per ton; in1915 it rose to 25 pesos, and thence steadily climbed to57 pesos in 1917, to 70 in the following year, and to85 pesos in 1919. With the cessation of hostilitiesthese prices, which were comparable with those offoreign imported coal, dropped; at the same time de-mand fell, fewer vessels requiring bunkering, not onlybecause older fuel depots became again available butbecause the extended use of the Panama Canal by in-ternational vessels is making itself felt more keenly.South Chile found its ports recording many fewerforeign vesseb in 1919 and 1920 than in former years. In the Lonquimay region, along the valley of the

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