102 SELLING LATIN AMERICA 
“Lp.” meaning Libra Peruana, or Peruvian 
Pound. A sole contains ioo centavos, or cents. 
Peru’s exports in 1912 were $45,871,504, 
and her imports $25,066,354, the bulk of the 
business being done with the United Kingdom, 
the United States being second. Within the 
past five years the exports from and imports 
to the States have materially increased and are 
rapidly approaching those of our greatest com 
petitor, England. This is due perhaps to the 
development of the mining industries, under 
the control of American capital. In 1910, 
England shipped Peru $8,134,189 worth of 
goods to our $4,484,214 and Germany’s $3,- 
842,855. In 1912 the figures were as follows, 
England $6,800,708, United States $5,763,423 
and Germany $4,557,698. Undoubtedly the 
figures for 1913, when available, will show a 
decided further gain for us. 
Peru exports copper, gold, silver, mercury, 
vanadium, bismuth, cocaine, quinine, wool, 
sugar, petroleum, hides, hats and guano, and 
imports textiles, mining machinery, oil ma-