The other fields are the Salta-Jujuy, the Cacheuta, a few miles south of Mendoza, and the Mendoza-Neuquen field, 700 miles southwest of Buenos Aires. In these fields the oil has a paraffine base, a sample from Jujuy showing 5 per cent of light oil, 30 per cent of kerosene, and 52 of lubricating oil; a grade equal to that of Pennsylvania or Ohio. One such field in Neuquen justifying immediate development is favorably located 824 miles from Buenos Aires near the Ferrocarril del Sud, which will provide special cars and tariff, so that speedy results are hoped for. INDUSTRIES INCLUDING MANUFACTURES While Argentina is primarily an agricultural and pastoral country and is likely so to continue, a fair amount of capital is invested in manufacturing and in other commercial projects, some of the capital European. The largest sum is invested in Light and Power Companies; for all cities of any size have electric lighting and many, electric traction. About $128,000,000 have been thus invested; in packing houses 40 millions, flour mills 7; in sugar refineries 50, wine making 78, foundries and metal works 25, dairies, etc., 43, tannin extract, etc., 33, lithographing and printing 12, breweries 14, construction companies 11, these all millions. Other companies with investments of 5-10 millions are shoes, saw mills, jute and cotton sacks, carpentry, painting and horse-shoeing together; liquors, tanneries, cotton and woolen mills, furniture, trunks and tapestries, leather goods, brick kilns, clothing, wagons and carriages, ice and aërated waters, ore smelting, grain elevators; many more with investment of 1-5 millions, besides a total of 47 million in still smaller companies. Of other lines, in 1916 there were 71 telephone companies, capital $15,000,000; 143 banks, capital about $500,000,000, employing 10,000 persons; 85 insurance companies. The companies of all kinds generally are on a sound and paying basis, in spite of high cost of fuel and power. The two leading department stores in Buenos Aires, equal to our best in character, are both British owned; there are many other shops of every kind of the highest class. The tramways and subway of Buenos Aires are noteworthy. The tramway system has been called the best in the world. There are 500 miles of lines, carrying about 400,000,000 passengers yearly. Packing like cattle is not allowed, the number of persons per car being strictly limited. The subway 8.7 miles long carries 2,500,000 with a splendid system and fine service including one for freight. Extensions were postponed on account of the War. The water supply, taken from the river, and the drainage system are of the highest character. A revenue of $7,000,000 is received by the Government.