146

WAREHOUSES  IN  FOREIGN  COUNTRIES.

LIABILITIES.

Capital  $2,  000,  000.  00
Creditor  accounts  149,  061.  23
Total  liabilities  $2,149,  061.  23
All  nationalities  are  treated  exactly  alike  by  this  company.
Edward  M.  Conley.
Vice  and  Deputy  Consul-General.
City  of  Mexico,  January  9,1905.

VERACRUZ.
(From  United  States  Consul  Canada,  Veracruz,  Mexico.)
Veracruz  has  no  -bonded  warehouses.  A  company  was  organized
several  years  ago  for  the  express  purpose  of  erecting  and  operating
bonded  warehouses  at  this  port,  and  this  company  is  now  doing  business ­
  at  Mexico  City.  It  is  more  than  likely  that  it  will  inaugurate  the
system  at  Veracruz  in  the  near  future.
All  merchandise  imported  into  this  country  must  enter  the  customs
warehouses  and,  if  after  the  expiration  of  ten  days  the  goods  have  not
been  removed  by  the  consignee,  storage  will  be  charged.  Goods  may
remain  in  storage  for  a  period  not  exceeding  six  months;  if  at  the
expiration  of  that  time  they  have  not  been  removed,  they  are  sold
at  public  auction  to  the  highest  bidder.
The  charges  for  storage  are  as  follows:  For  each  100  kilograms
(220.46  pounds)  in  weight,  per  day,  for  the  first  month,  2  cents;  for
the  second  month,  3  cents;  for  the  third  month,  4  cents;  and  for  the
fourth,  fifth,  and  sixth  months,  5  cents,  Mexican  currency.“  The
usual  charges  for  unloading  vessels,  either  at  the  pier  or  at  anchor  in
the  harbor,  are  from  $2.25  to  $2.75,  Mexican  currency,  per  1,000  kilograms ­
  (2,204.6  pounds).
When  a  vessel  is  discharged  at  either  one  of  the  several  railroad
wharves  the  charges  are  from  50  cents  to  $20,  Mexican,  per  piece  or
package  of  freight,  according  to  the  size  and  weight,  at  the  option  of
the  railroad  companies.
The  appended  extract  from  the  new  Mexican  Customs  Regulations
is  taken  from  a  translation  of  the  original  that  was  published  in  the
Mexican  Herald  from  time  to  time,  arid  is  the  part  of  the  aforesaid
regulations  in  which  special  reference  is  made  to  bonded  warehouses.
Wm.  W.  Canada,  Consul.
Veracruz,  Mexico,  December  2%,  190V

BONDED  WAREHOUSES  FOR  FOREIGN  MERCHANDISE.
(Extract  from  new  Mexican  customs  regulations.)
Article  393.  Foreign  goods  entering  the  Republic  may  be  deposited,  without
being  subject  to  the  payment  of  import  duties  in  advance,  in  bonded  warehouses
especially  established  either  by  the  Federal  Government  or  by  concessionaires.

a  The  Mexican  dollar  was  worth,  on  January  1,  1905,  48.6  cents  United  States
currency.