74 SELLING LATIN AMERICA 
ies of high grade ore awaiting the discoverer. 
Coal is found throughout the south of Chile, 
one coal field alone being estimated to contain 
1,862,000,000 tons. Over $7,500,000 is in 
vested in this enterprise. 
Iron ore of excellent quality and freeness 
from sulphur is found in large quantities. An 
American company is largely interested in de 
veloping this market, and contemplates in 
vesting $6,000,000 in their property. 
There are silver and gold, deposits of salt 
and borax, as well as cobalt, nickel, mercury 
bearing ores, tungsten, zinc, graphite, sulphur 
and alum. All of these await proper devel 
opment as they exist in paying quantities. 
Much of the territory, which resembles 
California in scenery, climate and formation, 
is given over to agriculture. Over 600,000 
tons of wheat were harvested in 1912 with 
71,000 tons of barley, 50,000 tons of oats and 
40,000 tons of corn. Some authorities claim 
Chile to be the fourth largest wine producing 
country of the world, most of its vintage being 
consumed locally.