)&amp;2 REPORT ON COOPERATION IN AMERICAN EXPORT TRADE.

LOCAL PUBLIC UTILITIES OTHER THAN TELEPHONE COMPANIES.—
The total capitalization of those listed in published sources is
$973,367,000. Of this amount $621,585,000 is represented by
electric tramways, light and power companies, located in Latin
American countries, as follows:
TABLE 22.— British investments in Latin American local public utilities, other than
telephone companies.

Argentina !...
Bolivia...
Brazil. ... +45 330
Chile (Chilean Electric Tramway &amp; Light Co. (Ltd). .....
Costa Rica.....
Mexico......_
Paraguay...
Peru.....
Uruguay.....
Venezuela...
Youth America (International Light &amp; Power Co. (Ltd.))

$184, 684, 000
1, 750, 000
272, 504, 000
7,675, 000
2, 083, 000
120, 229, 000
3, 500, 000
12, 207, 000
9, 913, 000
1, 700, 000
5, 340, 000
.. 621, 585,000
Combination for foreign trade.—In the export of electrical supplies
und equipment British manufacturers cooperate in a comprehensive
and effective organization known as the British Electrical and Allied
Manufacturers’ Association. Colloquially it is referred-to as the
3. E. A. M. A. and the Beama Journal is its official organ.
While the national trait of adhering to individual initiative and
ndependence of effort in export business has had its influence in the
form of organization and methods of work of the B. E. A.M. A,
‘his has not interfered with the union of effort and resources
where necessary to meet the solidarity of foreign competitors in
export trade. However, the close connection with banks is not so
apparent in the case of the B. E. A. M. A. as in the organization of
:he German electrical industry. .
OrcanizaTioN.—The British Electrical and Allied Manufacturers’
Association was formed about six years since, and in effect was a
reorganization of a former association of electrical manufacturers
which had been relatively inactive.
A number of the strongest British firms, among them the Brush
Electrical Engineering Co. (Litd.), the British Westinghouse Electrical
 &amp; Manufacturing Co. (Ltd.),® Dick, Kerr &amp; Co. (Ltd.), Siemens
Bros. &amp; Co., (Ltd.), Crompton &amp; Co. (1td.), Lancashire Dynamo &amp;
Motor Co., British Thomson-Houston Co. (Ltd.),* accompanied by
"1 Includes two companies capitalized at $115,482,000, which, although organized and registeredas British,
n reality are now German concerns. See Pt. II, pp. 543-544.
* Now a German concern.
“The American affiliations of the British Westinghouse Electrical &amp; Manufacturing Co. (Ltd.), are identijed
 by its style or title. The American General Electric Co. has a corresponding representation in the
agsociation through the British Thomson-Houston Co.