With the mhchem and pst-node packages,it's easy. Note tha the pdf option lets you compile with pdflatex provided you compile with the -shell-escape (for TeX Live or MacTeX) or--enable-write18` (for MiKTeX) switch.
\documentclass[pdf]{report}
\usepackage{pst-node}
\usepackage{mhchem}
\begin{document}
\[ \psset{arrows = ->, nodesep = 3pt, labelsep = 3pt, colsep = 1.2cm, rowsep = 1.2cm, npos = 0.45, arrowinset=0.2}
\begin{psmatrix}
\ce{Cr} & \ce{Cr2O3} & \ce{CrCl3} &\ce{Cr(OH)3} & \ce{Cr2O3}\\
& &\ce{KCrO2} & \ce{Cr(NO3)3}\\[0.5cm]
\ce{Al2(SO4)3} & \ce{Al(OH)3}
\ncline{1,1}{1,2}\naput{1} \ncline{1,2}{1,3} \ncline{1,3}{1,4}\naput{3}\ncline{1,4}{1,5}\naput{4}
\ncline{1,2}{2,3}\naput[npos=0.5]{5}\ncline{1,4}{2,3}\ncline{1,4}{2,4}\naput{7}
\ncline{2,3}{2,4}\naput{6}
%
\psset{tpos = 0.52}
\ncline[offset=0.667ex]{3,1}{3,2}\taput{2}\ncline[offset=0.667ex]{3,2}{3,1}\tbput{7}
\end{psmatrix} \]
\end{document}

\documentclassand the appropriate packages that sets up the problem. i.e., what is in the image provided leaving out the non-horizontal arrows? – Peter Grill Sep 29 '14 at 18:18