38 



THE CUBA REVIEW 



mucho cambio, pero ha habido muchas ventas de segunda mano a precios mas bajos 

 que las cotizaciones de los refinadores. La mayor parte de las transacciones en azucares 

 de trasmano parece haberse hecho a 9.25c. comparado con los precios de los refinadores 

 de 9.50c. a 9.90c. 



El comercio de exportacion ha sido activo solo moderadamente. Por algun 

 tiempo habia la posibilidad de enviar azucares americanos al Canada, pero una modi- 

 ficacion de la nueva tarifa del Canada hizo cesar la probabilidad de hacer eso debido 

 al gravamen de derechos de importacion, como damos a continuacion, segun noticias 

 recibidas ultimamente del Canada. 



Presupuesto Canadense. — Derechos de Importacion. — Hubo al parecer tanta 

 oposicion en el Presupuesto Canadense a la abolicion de la clausula de los derechos de 

 importacion, que el Gobiemo tuvo a bien modificar su primera decision. La clausula 

 de los derechos de importacion, en vez de ser abolida cuando el azucar es mas de 8c. 

 es aplicada ahora cualesquiera que sea el precio del azucar en el pais de exportacion, 

 pero en ningun caso puede este derecho de importacion pasar de ^c. la libra. Basado 

 en los precios actuales, esto es una rebaja en los derechos de la clausula de importacion 

 de un 50%, la antigua tarifa cargando un derecho de importacion de 1.25c. a 1.50c. la 

 libra, basado en los precios de Nueva York de 9.50c. a 10c. para usarse para el consumo. 



Nueva York, Mayo 25, 1923. 



Sales of Cuban Mills 



Sales of a number of Cuban properties 

 have been completed recently or are under 

 negotiation at the present time. They will 

 have the effect of extending still further 

 the list of mills controlled by American 

 capital. 



One of the mills that will operate under 

 new ownership next season is Central 

 America in Oriente. It is understood that 

 it will be added to the properties of the 

 Sugar Estates of Orient. America made 

 171,621 bags of sugar this season. Both 

 the mill and its lands are said to be in 

 excellent condition, and it occupies a posi- 

 tion strategically that will add greatly 

 to the strength of Sugar Estates of Oriente. 



Announcement has been made of the 

 sale of Centrals Orozco and Araujo, which 

 are said to have gone under the control 

 of Armour & Company. Whether this 

 company will actively manage the proper- 

 ties has not been announced, but it is pos- 

 sible that Sr. Salvador Guedes will assume 

 their management, financed by Armour 

 & Company. 



Another mill that is currently reported 

 to have passed into new hands is Central 

 Isabela, formerly the property of Beattie 

 & Company. The purchaser in this case 

 is said to be an American banking firm, 

 and it is believed that the mill will ulti- 

 mately pass into the hands of one of the 

 American refiners. 



Negotiations are well advanced for the 



disposal of three other very well known 

 centrals, but in these cases it is stated that 

 the transactions have not been fully com- 

 pleted, though they are in such an ad- 

 vanced stage that there is little doubt of 

 their consummation. 



Link-Belt Company 



The Link-Belt Company of Chicago and 

 Philadelphia has recently issued a very 

 comprehensive and instructive book on 

 "Electric Hoists and Overhead Cranes." 

 It is not only profusely illustrated with 

 photographs of actual installations showing 

 some of the most recent Link-Belt Electric 

 Hoist applications, but with line and wash 

 drawings the subject of proper installation 

 and efficient operation is fully covered. 



Going further than the usual "catalog," 

 this new book tells, in print and picture, 

 of the practices and methods employed by 

 users in widely divergent fields. 



For instance, the practices of a sewer 

 contractor in Maryland, who used a hoist 

 for removing dirt, and the methods em- 

 ployed at a ship building plant in Texas, 

 who employed the same means for moving 

 and placing timbers, is illustrative of the 

 wide range of activities covered by this 

 comprehensive book. 



Copies of the book, called "Book No. 

 480," are obtainable from the Link-Belt 

 Company's headquarters in Chicago or 

 Philadelphia, or from any one of their 

 many branch offices. 



