Northern Wisconsin advertiser. [volume] (Wabeno, Wis.) 1898-1925, 1902-05-01
PROFIT 4 BILE MEAl-
CAN INVESTMENTS.
veiopine ,hs Resources of that
k.cn Country.

The development of the rich, natural
resources of Mexico has opened up 10
American capital what is undoubtedly
the most attractive field for Investment
in the world today. This country, OF
which the famous Humboldt said that 1t
was vast and rich enough TO produce
all that commerce now collects FROM the
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 conSpicu-
GUS both for the number and success of
Mexican enterprises which he has pro
NOTED is \. :. Witherbee of Milwaukee.
Mr.. Nitherbee was formerly iii the IN
surance business, but for number of
years Mexican interests have claimed his
attention and he has come TO be regard
ed as one of the best authorities ON i'll
yestments in the Republic. Mr.. With
erbee launched the Company which owns
and operates the now celebrated Queb
dilla mine which is one of the largest
producers in the State of Durango.
Those whom Mr.. Witherbee induced TO
invest in this property have received rich
returns. The Quebradilla is capitalized
at S5,O00.000.
Mr.. Witherbee also formed the Don
Carlos and Eureka Copper and Silver
Company, with S2.500,000 capital
A corporation with a wide range Of OPP
erations is the Mexican Mining and De
velopment Company, which was organ
lied by Mr. Witherbee and of which he
is secretary. This company, with cap
ital of 81 ,00O,O has offices in the City
of Mexico. Chicago, Detroit. New York,
Boston and London. 1t has acquired,
through purchase. announcement and
government concessions, Il number of
very valuable copper, silver. lead. gold
and tin mines. and besides has working
bonds and options on a good many 9TH
ers Dealing in Mexican lands and in
vestments is also an important part of
the company's business. There is no wa
ter in the stock of this company, and
the satisfaction Of those who invested in
it at organization may be inferred from
the fact that the shares par value SD
are now held at S1.15. The Mining and
Development Company has Il liberal
charter and proposes to foster and de-
yelop any legitimate enterprise in Next
co which its officers deem it profitable to
take up.
Another of Mr.. Witherbee's enterprises
is the San Toy Mining Company whose
mines La Fortuna, La Trinidad indie
pendence and Bustillos are the famous
Santa Eulila District. Chihuahua These
properties are owned by such well known
Americans as Hon. Williams c. Whitney,
Oliver Payne, Heart estate. Standard Oil
Co., Kansas City Smelling Co.. and
Moore n Schley.
Although Mexico Is new country in
the sense of having great undeveloped
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 it can be said that
| the history of Mexico is singuarly 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. Witherhee manages his various in
terests from his office. in the University
| building. Milwaukee,.