16 



THE CUBA REVIEW. 



GENERAL NOTES. 



The Mayari Ore Mines. 



In connection with the development 

 of the Mayari iron ore mines, near Nipe 

 Bay, on the north coast of Cuba, the 

 Spanish-American Iron Co. now has 

 about one thousand men engaged in the 

 construction of its railway, and harbor, 

 and its mechanical and mining appli- 

 ances. It was necessary to deepen the 

 hanbor at this point and this is now 80 

 per cent, completed. The railroad line 

 of fourteen miles from the bay to the 

 foot of the mountains is graded, eleven 

 miles of track are laid and the bridges 

 pre l:eing erected. The steel buildings 

 for power plant, machine shop, etc., and 

 the dwellings and offices are built. 



The incline planes, which are to lower 

 the ore from its position on the top of 

 the mountain to the railroad, are graded, 

 and the machinery, all of which has been 

 built, is now about to be put in place. 



The appliances for loading the ore into 

 ships and for the handling of coal are 

 under construction in this country, and 

 the furnaces which are to dry the mois- 

 ture out of the ore have been contracted 

 for and are undler way. Part of the rail- 

 road equipment has been delivered. 



The total expenditure contemplated is 

 $4,500,0001, of which something more than 

 half has been expended to date. 



As heretofore stated, the quantity of 

 iron ore in these' Mayari deposits 

 amounts to some six hundred million 

 tons. 



The capital stock of Spanish-American 

 Iron Co. is owned by the Penn-^ylvania 

 Steel Co. Charles F. Rand, oresident of 

 the mining company, is now on his way 

 to Cuba. — Wall Street Journal. 



The Spanis'h-American Iron Company has 

 been authorized by the Provisional Gover- 

 nor to erect six wharves and thirty wooden 

 houses in the maritime zone of Cayo Caji- 

 maya, Nipe Bay. 



Cuban Money Orders. 



Exchanges of postal money orders be- 

 tween Cuba and the United States and 

 all its possessions, was ratified by both 

 countries at Washington on July 8, and 

 became effective July 27. The maximum 

 amount for a single money order is $100, 

 the Cuban peso to be the equal of the 

 American dollar. 



All payments will be made in gold, 

 but other money may be used, provided 

 the difiference in the value at the time 

 is accounted for. 



The United States postal administra- 

 tion will act as intermediary in the set- 

 tlement of accounts between Cuba and 

 the postal administrations of the islands 

 of the West Indies. 



The transfer of sums on money may 

 be made by means of the postal money 

 orders between Cuba and Bermuda, 

 British Guiana, British Honduras, Can- 

 ada, Antigua, Bahamas, Barbados, Do- 

 minica, Grenada, Jamaica, Montserrat, 

 Nevis, St. Kitts, St. Vincent and Virgin 

 Islands. 



The Cienfuegos Contract Approved. 



Governor Magoon issued a 'decree Aug. 

 11 directing the department of public works 

 to enter into a contract with Hugh Reilly 

 for the construction of waterworks and 

 sewers at Cienfuegos. 



This has been pending since June, 1906, 

 wnen the Ayuntamiento of Cienfuegos made 

 a contract with Reilly for the same work. 

 Subsequently the Ayuntamiento revoked the 

 contract and appealed to Governor Magoon, 

 who upheld it. Reilly appealed to Wash- 

 ington, where Governor Magoon was re- 

 versed '"by direction of the President of 

 the United States," who prescribed condi- 

 tions and modifications of the old contract, 

 thus ending a long and hard fight by Reilly. 

 Automobile Races Next Winter. 



Automobile races in Havana next 

 winter, are among the possibilities. 

 Governor Magoon is in favor of hav- 

 ing races. The Cuban Automobile 

 Racing Association is already agitat- 

 ing the matter, and has taken it up with 

 racing men in New York. The Rural 

 Guards, as before, will guard the course, 

 should races be arranged, and the govern- 

 ment road equipment and laborers will be 

 at the disposal of the association in pre- 

 paring the road. The short unfinished 

 stretch of highway at Artemisa, a part of 

 the circuit, will probably soon be completed 

 and automobilists will find an ideal high- 

 way for speedy runs. 



New Issue of Bonds. 



Mr. Antoni Altamira, acting consul- 

 general of the Republic of Cuba in 

 New York, by a decree of Governor 

 Magoon dated July 31 has been em- 

 powered to sign the $1,000,000 Re- 

 public of Cuba Registered Gold 

 Bonds, Nos. 251 to 500, of the loan 

 of s per cent, foreign diebt of Cuba, 

 which are to be issued in lieu of and 

 substitute for the same number and 

 amount of coupon bonds to be surren- 

 dered and cancelled, as per contract of 

 May II, 1904, entered into between Senor 

 Don Tomas Estrada Palma, as President 

 of the Republic of Cuba, and Messrs. 

 Speyer and Company, of New York, 

 United States of America. 



Bishop Albion W. Knight, of the Epis- 

 copal church, has made all arrangements 

 for the erection of a fine residence in Ve- 

 dado, Havana. 



