El Paso daily herald. (El Paso, Tex.) 1881-1901, 1897-03-22
EVOLUTION OF A GREAT CITY
Thoroughly in Touch With all Projects Look
ing to the Development of it's Rich
and Varied Resources.

piven this house an enviable reputa-
ton which is now one OF the CHIEF
factors of its prosperity. 1t ranks
foremost among the hOu-eS in the
sOuthwe-t. its name Is known farther.
its facilities are more complete, Its re-
sources ampler and more abundant
and its connections are more wide
spread and influential than any other
| house in this section of the country.
| Its trade is of vast proportions ana
extends principally throughout Next
,cO. a business amounting to So.OOO.-
900 in gold was transacted last year
] which is Il remarkably fine showing
| turing that perio of hard tunes and
| from September to Nov. mber during
| a period of three months they shipped
I 900 carloads of corn into Mexico from
| the United State. They transact h
| large import and export business be-
tween the United States and Mexico.
| The company have Il large soap factory
at Samalayuca, the pro Iuct of " hich is
| shipped all over Mexico. The house
| i, represented on the road by large
! staff of commercial travellers and
| buyers. anu employment is given to
large number of persons at the differ
ent establishments. The firm Is COM
D sed of Messrs. Emil Ketelsen ana
| benjamin Deget,u. The former is a
prominent capitalist and resides at
Chihuahua: while the latter resides in
villa near Hamburg, Germany,
where he is a well known figure in
Germ N social circles.
In the building up of the house Of
Ketelsen u Degetau. much creLlt ID
due to Mr.. benjamin Degetau, who
was accounted one of the ablest and
shrewdest men who ever came we It OF
the Mis- ,lS-ippl ri er, and prominent
fe lture in his business career, Was the
fact of his retiring from business, while
yet in hi. prime TO enjoy well merit
ed rest. Mr.. MAX Weber, the general
manager resides in Juarez, where the
firm conducts genera banaing bust
ness. also q VIII .leSale merchandise
store. The banking department was
est .blished some years ago, and 1t has
built up for itself ii pro nlnent position
among the substantial representatives
of the countrys banking interests. All
of the usu / departments of a first cl IS
nklng institution IRE covered, the
approved accounts of C operations,
firms and indlvi. u lis being received
upon the most f.vora bic terms con.
sIstent with .fe b n ling: 10 ms M ,ue
on -pproveI coll teri. md accept BILE
commerce / p per discounted; ex-
en- .nge bought and sold, Ind coilec-
tion5 made on all important centres.
The interests of patrons are guarde.
md C .reful .ttention given to the &C
counts of banks Ind b .nker-, to ~ HON
liber Il treatment nd every reasonable
accommodation is assured. the bank
issue, letters of credit for travellers
broad. av .ilab BILE in all pr 5 of the
world, and its correspondents include
some of the leading banks of Mexico,
United States, Europe aud Cauaua.
Capitalists VINO are contempt ttlng In
veeting in M-Xico, could MT 40 BITTER
THAI To Communicate win Ketelsen &
Degetau. who with a quarter OF a cen
lurys eXpe' lie ice IN Mexico are in d
position 10 pla 70 them in the right
emanuel fJr remunerdtlve inveS GmeuLS.
In conclusion. while it Is not easy 10
discriminate and give to eacn element
instrumental IN the general success of
so great a concern its due proportion,
yet an endeavor has been made to give |
as full a description of this extensive |
business as space will permit.