The Maritime Canal of Nicaragua

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The Maritime Canal of Nicaragua
Richard Pryce
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B.. 387. Of Nitrates, by way of Arica, Peru (estimated from report of value), 692, 500 tons- 760, 000 " 40, 000 ic ooo 14, 000 124, 000 Making a total of . 3, 553, 635 tons- REPORT ON TONNAGE OF TRAFFIC. H The statistics of Chili, Peru and Bolivia for 1889 are not yet accessible, but the business was larger than for 1888.
Of this total, over 2, 650, 000 tons was of nitrates, 1, 897, 000 tons of which was cubic nitre, worth only about $3 per ton at place of shipment and valuation. Coal and coal
...oils, crude and refined, enter largely into out-bound freights, and being also articles of low valuation, must materially affect the general average of values. That this tonage, as well as its return freight, or rather the out- bound freight of which it is the return, would be almost entirely tributary to the canal, is evident from the fact that the canal will cut out from the voyage, A. A s between San Francisco, Callao and Valparaiso, and Liverpool, in the first case, 6, 996 miles; in the second, 4, 090 miles, and in the third case, 2, 144 miles, including the stormy, dangerous and destructive* passage around Cape Horn.

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