•28 



THE CUBA REVIEW 



CUBAN COMMERCIAL MATTERS 



CUBAN PORTLAND CEMENT COMPANY 



This company has been organized in Boston 

 under tlic laws of Massachusetts to manufac- 

 ture and sell Portland cement in Cuba. The 

 authorized capital consists of 200,(K)() shares 

 at a par value of §10 each. It is proi)0.sed that 

 lOO.OtX) of these shares be sold by the com- 

 pany at Slo per share. The §1,500.000 real- 

 ized by this sale will finance the purchase of 

 limestone and clay jiroperties on Mariel Bay, 

 Cuba, and will also furnish funds for the erec- 

 tion of a plant to manufacture Portland ce- 

 ment, with a capacity of ()00,()00 barrels per 

 year. This plan will contemplate needing a 

 working capital of $200,000. The property 

 at Mariel consists of 1,114 acres, and accord- 

 ing to the estimates of the engineers, this 

 tract contains sufficient raw material to pro- 

 duce at least 100,000,000 barrels of cement. 

 It is thought that the cost of delivering the 

 cement at Havana will be -Sl.lo per barrel. 

 The Cuban market consumes about 1 ,000,000 

 barrels of Portland cement each year. The 

 selling price in Havana now is about $3.00 

 per barrel. It will be seen that on this esti- 

 mate a large profit will accrue to the company. 

 According to present calculations, this prop- 

 erty could be in operation within one year. 

 Mr. Sheldon H. Bassett, at present president 

 of the Knickerbocker Portland Cement Co., 

 will probably be the president of the Cuban 

 Portland Cement Company. 

 yy We are informed that the company pro- 

 poses to operate barges from Hudson, New 

 York, to Mariel, these barges to be loaded 

 with cement and taken from the United 

 States to Mariel by means of sea-going barges. 

 This experiment will be watched by steam- 

 ship men with great interest. 



Among the improvements proposed at 

 Mariel is a 20 foot channel in the bay and a 

 railroad spur connecting the property with 

 the system of the United Railways of Havana. 

 It is thought that the railroad improvement 

 alone will require an outlay of some $100,000. 

 The company also proposes to operate an 

 auxiliary schooner to carry their product from 

 Mariel to the coastwise Cuban ports. 



for November .shij)mont to the Compania 

 Azucarera de Guira de Melena, Cluira de 

 Melcna, Havana Province. 



ADVERTISING CLUB OF CUBA ORGANIZED 



A group of prominent business men of 

 Habana held a meeting May 1 to organize 

 the Advertising Club of Cuba. Its affiliation 

 with the Association of Advertising Clubs of 

 the World is expected. 



The organization is composed of estab- 

 lished business men of Habana, and its 

 functions will be to facilitate foreign and 

 domestic commerce, and to furnish informa- 

 tion in regard to Cuba to prospective tourists 

 and settlers from abroad. 



The officers of the organization are: 

 President, Thomas F. Kennedy, Obrapia 36, 

 Habana; vice president, Miguel Morales, 

 514 National Bank Building, Habana; 

 assistant vice president, Russel Spalding, 

 437 Lonja Building, Habana; treasurer, 

 M. J. Freeman, 72 Bernaza Street, Habana; 

 first assistant treasurer, Alfred B. Masquez, 

 Amistad 142, Habana; second assistant 

 treasurer, Calixto Fajardo; secretary, Fran- 

 cisco Johanet; assistant secretary, Chester E. 

 Abbott, Muralla 59, Habana; second assistant 

 secretary, D. R. Thomas. The office of the 

 association is at No. 514, Banco Nacional de 

 Cuba Building. 



SUGAR MILL MACHINERY TO CUBA 



The Fulton Iron Works, St. Louis, Mo., 

 have sold 1,300 tons of sugar mill machinery 



CONSULAR INVOICES FOR MAIL SHIPMENTS 

 TO CUBA 



Accord ng to information received from the 

 Cuban Counsul (General at New York, a cer- 

 tified consular invoice is necessary in the case 

 of all articles of United States origin imported 

 into Cuba, whether shipment is made by 

 mail or otherwise, in order that the lower 

 duties appUcable to United States products 

 may be imposed, ^\'here shipment is made 

 from a place in which there is no Cuban con- 

 sular officer, the invoice containing the pre- 

 scribed declaration of origin should be sent 

 to the nearest Cuban consul or to the Consul 

 General at New York for certification. As 

 stated in Tariff Series No. 24, no charge is 

 made for consular certification where the 

 value of the shipment is less than $5. — Cmn- 

 merce Reports. 



