The sun

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roiiKhi, tll.15rtll.25: stats, $8 5000.50.

HHKUP AMI T.AMHS Itocelpts, 2,400;

active; unchanged,

CINCINNATI, Jan. 27. HOOH Receipts,

3,200; slow: common to choice, $8311,05;

stags, $700.75.

CATTLK lUctlpts, 800) (ttsdy; oaivss,

steady.

1 alronB.

HHEEP Rscslpts, 100; strong! ltmbs,

AMERICAN CAPITAL

TO DEVELOP HAYTI

Vast Ilcsoiirccs of Island Havo

Lain Dormant Since Na

poleonic Era.

BRIGHT FUTtfllE IS SKEX

Improvements of All Kinds

Made Since U. S. Protec

torate in 1915.

The first setp toward tho development

of tho resources of Haytl by American

capital, as an outcome of the treaty ex

ecuted recently between the iovcrnment

of that republic and the United States,

has been taken by a group of New York,

Chicago and Cincinnati bankers. In des-

nun, jiiuunv li wsh uimuuiicea

,1.-

uiattMe financiers had obtained a char

ier ior me iiaytian American Corpora

tion, capitalization of which Is to be

I6.OOQ.000 of preferred stock at a par

valuo of $100, 60,000 shares of common

stock vlthout par valuo and 60,000

shares of founders' stock with no par

value.

The principal object of tho corporation

Is to develop tho vast resources of tho

Island, which havo lain dormant since the

Napoleonic era, moro than one hundred

years ajro, and to restore the country to

the condition of prosperity It enjoyed In

those days. Tho company has acquired

tho control of the railroad, electric. Ilcht

plant, wharf nml warehouses iu Port atl

Prince, tho capital and principal seaport

of the Island, hlch aro now hclnn oier

ated profitably under exclusive conces

How to cite this articleCómo citar este artículo

The sun. (1917). New York [N.Y.], 1917-01-28. Haiti in the American Press. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn83030431/1917-01-28/ed-1/?sp=14

ReferencesReferencias

Library of Congress, Chronicling America: The sun, 1917-01-28.