The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-03-11
handle them. and he makes enc
where the native employer does rr.
Some Big InxeStments in Mo-.

Many Of our single inveS mentS
run high into the millions. This
of the mines and smel,ers. the .s..
being largely owned by the Grr-.-
helms. Some of the most import.
mining companies are operated g.
charters from American States asa
not a few have capital stocks rim
high into the millions. The Arner
Smelling and Refining Compan.
capitalized at 500, 900, 900, ana
already paid dividends OF $500 s
with surplus of $A7 200, 900. Tn W..
HE properties developed by TIL
Governor Shepherd, has 100000.
d capitalization, and its surpI
something like $4,000, 900.
Greene Cananea, Copper CONT
which has extensive mines in Som.
ha1 an authorized capital Of $1,000
900. and its production in 1911
over II, 900. 900 pounds of cof.
while the Mexican Eagle Oil C.,
! pany, owned largely by the Fnat-e
has a capital OF $50, 600. 900 Mex
and promises TO pay an enormouS
tidend on that amount. Anoth.. s.
American company is the Mexico .s
troleum Company. whose office
Los Angeles. h has an author1at
capital of $3S,000, 900. 1t Owns large
oil properties about Tampico. ana 8s
-VU,UUO dCiSS VI 3 dLiIS ana d2F4ENf
tural n II paid its first dividend -
8 per cent in 1907 and has na.d
per cent per annum eve since.
Plantations and Lands.
There are also many other mining
companies of large capital. ana nuis-
erous small ones which are pavlrc
but are still little known. There tr4
plantations Of one kind or other whose
capitalization runs well up into tn.
V0I1liOnC and UhnC rnnart -
instances is worth considerably more
than the capitalization. The Mexlcan
cotton estates of Tlahualilo is req,
tered in Great Britain; but the STOCK
largely belongs to Americans. H.,
president being James Brown Potter
This company has 100, 900 acres JEFF
cotton plantations. a large part 80
which is irrigated, and | am told it~
lands are of enormous value. 1t F,
the largest single cotton plantation iu
the world It is situated near Tor
reOn.
There are a number of big land
companies and big industrial and elec-
trio companies. The California Land
Company, Limited, holds 100000
acres in Lower California. The CHA
pas Zone Exploration Company has
100 square miles in the state OF Chia-
pas, n the Intercontinental Rubber
Company. incorporated in New Jersel,
has over 2.OOO,O 900 acres of land ana
a rubber factory which is producing
guayule rubber to the amount Of 500
900 pounds every mOnth This conl-
pany showed a net profit Of eonsidera-
bly, more than $4,000 900 in 1911.
Companies Which Own Towns.
And then there are some companies
which practically own the public
works Of various towns. Such is the
Anglo-Mexican Electric COMPANY,
which has the Puebla tramway, light
and power; the British company
which owns the Zacatecas light and
tramWays; the Canadian one, backed
by Mckenzie and Mann, which owns
all the public utilities of Monterey,
and also the Mexican Light and Pow
er Company, which gets it's power
from the falls of the NecaXa river ana
supplies light and power to the CAPT
tai. This latter company has now 4
capltal of $4,000, 900, and its net OBJ
eratlng profits are $4,000, 600 a Year.
Inc stock is largely owned in Great
Britain.
In addition to these / might men
ton scores Of other industrials the
STOCK IN some Of which is very largely
neld IN the United States. / am TOLD
tnat there are something like $50. 900
controlled from Kansas City alone.
ana that st. Louis, Chicago, Pitts
ourgh and others Of our big financial
centers have capitalists who are in
eIeSted TO an enormous extent.
among the recent organizations is The
uulI coast Fruit and Steamship Com
pany, which has large plantations
near the Coatzacoalcos river, which
are now beinf set out in bananas. and
tne Mexico International Land Com
pdny' which owns about a half mil
non acres in Vera Cruz and Oaxaca
IN conclusion I would say that the
most or these companies are large or
s~aniZatlons backed by by big capital
and managed on strict business prin-
clpIes. In addition to them, there are
5 ereal number Of fraudulent compa-
MES, which have been gotten nm 70
sell stock on the promises of making
LOT the owners from 200 per cent to
YVo per cent within five or ten years.
IN nlnety-nine cases ont IF every hun-