THE CUBA REVIEW 



19 



cess and at a great saving of time and expense. Worn switches, frogs and steel rails 

 can be built up and made as good as new. 



Besides its uses for welding, oxygen is largely employed for cutting of metals 

 Metal pieces of the largest dimensions can be cut by oxygen as one would cut a piece 

 of butter with a knife. Old cars with steel bodies can be cut up with a fraction of the 

 time and expense of any other method, and foundries use the oxygen-acetylene process 

 for repairing defective castings. 



The plant of the Cuban Air Products Corporation, which has just been completed 

 in Havana, is one of the largest and most modern design and has a capacity of pro- 

 duction of about 1,500,000 culiic feet per month, which is perhaps ten times the quan- 

 tity of oxygen used in the IJepublic of Cuba at the present time. The establishment 

 of a factory in Cuba with this large capacity gives Cuban industrial companies the 

 assurance of a constant and ample supply of oxygen hereafter and shows at the same 

 time the confidence of the owners of the Cuban Air Products Corporation in the 

 requirements of Cuban companies in this particular line of industry. 



Before the end of sunnner the company plans to arrange for certain days on 

 which visitors may call at their plant at Luyano, Havana, and see this process in 

 actual operation. 



SUBMARINE BOAT CORPORATION 



A contract for the movement of a large 

 tonnage of sugar from Cuba by sulmiarine 

 boat is said to have been secured b.v a 

 new subsidiary of the Submarine Boat 

 Corp., the Transmarine Line, which has 

 just been incorporated with a capital of 

 $1,000,000. The present plans call for the 

 operation of twelve ships in the service 

 from Newark Bay, N. J., to Havana, but 

 not all of these will be devoted to the 

 movement of sugar. Miscellaneous cargo 

 will be carried. 



HABANA MARINE TERMINAL COMPANY 

 A new company, known as the Habana 

 Marine Terminal Company, has Iieen or- 

 ganized, with a capital of .$10,OiX»,000 in 

 preferred stock, $10,000,000 in bonds, and 

 $30,000,000 in common stock. The new 

 company acquired the stock and property 

 of the Compania Cayo Cruz and intends 

 to construct there several large ware- 

 houses and railroad lines to connect with 

 those already in that part of the coimtry. 



CUBAN OIL FIELDS COMPANY 

 The Cuban Oil Fields Company has 

 lately been organized in England with a 

 capital of £150,000 sterling with 150,000 

 shares, each worth £1 sterling. This com- 

 pany will develop extensive mining con- 

 cessions, among which are tbe Prosper- 

 idad and Mariel claims, 



SANTA CATALINA CONVENT 

 The old Santa Catalina convent at 

 O'Reilly, Compostela and Aguacate 

 streets, used for storage of merchandise 

 since tbat religious order moved to new 

 quarters in Vedado, was purchased re- 

 cently for the sum of $800,000. The 

 property was sold to a company headed 

 liy Sr. Angel Gonzalez del Valle and 

 other promhient local capitalists, and 

 they intend to make it a modern ware- 

 house. 



GUANTANAMO & WESTERN RAILROAD 

 Mr. M. H. Lewis has resigned as presi- 

 dent and a director of the Guantanamo »& 

 Western Railroad Company, and Mr. R. 

 L. Dean has resigned as treasurer. Seiior 

 .7ose IMarimon, president of the Spanish 

 Bank of Cuba of Havana, and Senor 

 Gal)riel .Tuve, vice-president of the Stand- 

 ard Shipbuilding Corporation, have re- 

 cently been elected president and treas- 

 lu-er, respectively. Mr. Lewis recently 

 sold the Spanish liank the stock control 

 of the railroad, which is a broad gauge 

 connnon carrier operating in the eastern 

 part of Cuba. 



SANTIAGO COMMERCIAL JOURNAL 

 According to a report by the Associated 

 Press, a company has been formed among 

 leading business men of Santiago de Cuba 

 to publish a trade journal which will be 

 known as El Sol and will be devoted to 

 the bu.siflegs interests of Santiago. 



