{National Argentine 1·06 20·601 ·4 21·483 4·54 5·944 {Spanish of the Rio de la Plata ·44 11·077 ·38 11·044 ·38 3·687 {French of the Rio de la Plata 1·18 4·013 1·02 4·919 ·68 ·880 {Italian of the Rio de la Plata ·36 6·6 ·8 4·699 ·58 1·302 {New Italian ·08 2·094 ·16 1·874 ·01 ·413 {Popular Argentine ·016 ·809 ·0002 1·443 ·02 ·273 {Province of Buenos Ayres ·4 57·112 ·12 5·788 ·014 1·381 {German Transatlantic ·236 3·053 ·88 ·234 ·366 ·906 {Anglo-South-American ·14 ·607 ·16 1·461 ·08 ·255 {British-South-American ·18 3·247 ·46 2·606 ·52 ·739 {German-South-American ·16 ·264 ·28 ·756 ·06 ·141 {London and Brazilian ·12 ·713 ·44 ·774 ·14 ·255 {London and Rio de la Plata 1·22 10·877 ·98 7·119 1·9 3·669 ------------------------------------------------------------------------------------------------------------------------- [Footnote 89: The amounts here given are, of course, the actual, not the face values, of the notes.] Again, the sales of money are now extended over a far longer period than before, as the export season itself has been extended by new products, such as maize, chilled and frozen meats, etc., which do not necessarily find their outlet at the same time as the rest of the harvest. Thus the banks have no longer any incentive to hoard reserves of money, as they are no longer certain of selling them a few months later. All these conditions here enumerated are of course subject to certain small variations, according to the kind of trade or industry. The large landowner, the grazier, the farmer, the cattle-breeder, who has no money at his disposal but that coming from the sale of his products, can only procure credit, no matter what his wealth may be in land, at a rate far higher than that which is demanded of the large commercial houses of Buenos Ayres. But as we have especially attempted to demonstrate, the Argentine banks are to-day splendidly equipped with capital, so organised as to assist commerce by services of many kinds, and, finally, their charges have been abated, by the action of competition, to rates which one would hardly expect to find in practice in a new country.[90]