New-York tribune., 1903-01-05

and one in which it is likely to figure very proni-
nently in the next few years. As a whole the the In
high protective tariff it is thriving infant. well
nourlssI h Vic py coye9nme1f number of important
manufacturing enterprises in which American capt
plants IN course Of construction as the large iron
featuring enterprises it has been possible TO esT
mate very closely the amount Of capital actually
Snaloa, State without railroad and one rarely
Mexican States in regard to the amount OF AMER
Most df this is engaged in few large sugar
fneries. The Federal District comes next with a
Mss %ue1o Leon. whose capital Monterey, IS
9ne Sf the coea B5'Ra1 Be1 q 81 ericn
capital investsd. in her sateEprises 3 s-,,n,e innor
ance in the banking OF Mexico and This interest IS
Which were Gnknown here few years ago. have
revolutionized banking in this country and placed
Vet the total amount OF American capital invested
II WIEN 9snkqg y IN fas1veT {es small buf Il is
full leaven in the loaf and threatens 10 become tne
nss recSnIT scbe1E9 b of SIeTco narneIy the Lon
and Mortgage Bank Two trust companies. in
recenty started in this city. The two small ATneri-
can banks which are operat1ng mere nave oh bair
started in various cities OF the republic where
Next after banks. in the order of the amount Of
American capital invested come ASSAY oIHees t an
selter and renSries all GioTely allied & to 5T 5T
operated by American capital
MUNICIPAL. AND STATE IMPROVEMENTS
Americans have Of late been building many cleo
trio light power and gas plants. waterworks
plants telephone systems and similar plants The
Mexican Telephone Company. operating the tele-
phone system of this city, and the Mexican Iele-
graph Company. with line TO Vera Cruz from this
city and cable from Vera cruz TO Galveston. are
the largest enterprises of this In addition to
b,,iII I,cTD Dl4
are building most Of the telegraph and telephone
other foreign companies American material IS b.
streetcar lines in this and other cities OF the re-
public -.
v5Sf amount Of invested capta-this being limited
to the material needed for current operationS%Iare %
of Mexico's cities have recently undertaken or are
nov nov a ~ hese the American contractor is a
conspicuous figure A large share of the construc-
nom nom going on throughout the length and breadth
of this republic is being done by Americans WITH
Am American real estate and building and loan com
are rapidly changing the old methods OF 5raanac5 % G
!g ri1is @ resident here like the system Of buy
panies are likely be successful in their under
taEings -.,..r,- .u-
American cqPs M nvesgd i II no9 sR"qG nGesfe @ I'm I
3} sq9d # that all OF Of ff fhs fePa amoun n is e
tied the railways haying their m main in ofcfs n n
the republic but II is impossible TO credit TO each
State and Territory its proportionate share OF the
capitaI So invested. Another large item Is that OF
mining interests. which have their main offices IN
this city. from which are operated their various
properties throughout the republic The same Is
true of other large items
The State showing the largest amount Of Amer
lean capital invested is CoahuiIa with $s 200 oe;
hut Of this amount So COO is credited 10 the Mex
lean international Railroad. which is not confined
to the limits of that state The next state in the
order of American capital invested Is Sonoro with
ss75Oaeo OF which So soo9.o is claimed 70 be in.
vested in mining enterprises. 1t is known that
some Of the amounts claimed by or for certain
mining companies operating in that State
greatly exaggerated. and therefore the amount OF
American sDital invested in Sonora Is estimated
~ he very little in excess Of the amount credited
IN the state Chihuahua tsS 900 0t9l OF the total
amount credited chihuahua. SCI 309l0 IN min
ing enterprises -
0axaca comes next. with S2.6 9ao. but this
anount includes some doubtful tropical agrcultu-
raj companies. and would be considerably reduced
if an accurate estimate could be made Nuevo
Leon with 81 10000 therefore ranks next TO Chi
huahua. with relation TO the amount of American
capitaI actually invested