Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1902-05-03
PROFITABLE MEXI-
CAN INVESTMENTS.
A. s. Wftherbee's Success in De-
veloping the Resources of that
Rich Country.

The development of the rich, natural
resources of Mexico has opened UP to
American capital what is undoubtedly
the most attractive field for investment
IN the world today. This country, OF
which the famous Humboldt said that It
was vast and rich enough to produce
all that commerce now collects from tie
rest of the world" is a land where for
tunes are being and will be made more
rapidly than anywhere else.
An American who has been eonspicu-
Gus both for the number and success OF
Mexican enterprises which he has pro
NOTED is A. S. Witherbee of milwaukee,
Mr. Witherbee was formerly in the IN
surance business, but for number OF
years Mexican interests have claimed ms
attention and he has come TO DC regard
ed rs one of the best authorities Oh III
vestments in the Republic. Mr. With
arbee launched the Company which owns
and operates the now celebrated GUERRA
dlla mine, which is one OF the largest
producers in the State of Durango.
Those whom Mr.. WitherDee lhaucsu III; ~
invest in this property have received rich
returns. The Quebradilla is capitalized
at $5,000000.
Mr, Witherhee also formed the Don
Carlos and Eureka Copper and SILVER
COMPANY. with S2,500,0O0 capital.
A corporation with a wide range OF OF
erations is the Mexican Mining ana he
yelopment Company, which was organ
;zad Nv Mr.. Witherbee and OF which he
Is secretary. This company, with cap
jtal Of $1,000. COO, has Offices IN the CITY
Of Mexico, Chicago. Detroit, New YORK,
Boston and London. 1t has acquired;
through purchase, announcement ana
government concessions, a number OF
very valuable copper, silver, lead, gold
and tin mines and besides has working
bonds and options on a good many oth-
ers. Dealing in Mexican lands ana IN
pestments is also an important part OF
the comDany's business. There is no wa
ter in the stock of this company, and
the satisfaction of those who invested In
il AZ organization may be inferred from
the fact that the shares tpar value 81
are now held at S1.15. The Mining and
Development Company has liberal
charter and proposes to foster and de-
yelop any legitimate enterprise in Next
co which its officers deem it profitable to
Another of Mr.. Witherbee's enterprises
is the San Toy Mining Company, whose
mines La Fortuna. La Trinidad, indie
pendence and Bustillos are in
the famous Santa Eulila Dis
trict, Chihuahua. Adjoining proper
ties are owned by such well knowE
Americans as Hon. Williams G. Whitney
Oliver Payne Heart estate, Standard Oil
Co, Kansas City Smelling Co., and
Moore & Schley.
Although N1FAltD Is Il uCW GUILTY. ~
the sense of having great undevel0pen
mineral resources. yet the nation is old
in mining experience and as a matter of
fact investments there are hedged about
with exceptional safeguards. The min
ing laws are just and wise and to the
credit of the country il can be said thet
the history of Mexico is singularly free
from the record Of wildcat swindles.
His knowledge of the country and his
confidence in the security as well as the
profit OF capital invested there, has led
Mr.. Witherbee to freely advise the pur-
chase of stocks in legitimate Mexican en-
terprises--a course which the success of
his own companies has amply justified.
Associated with him in the companies
which he has forced are men OF promi-
hence and high standing on both sides OF
the Rio Grande.
Mr. Witherbee manages his various in
terests from his Office in the University
building. Milwaukee.