The Alaska citizen., 1913-06-02

in Los Angeles. This has an author
 ized capital of s3S. .O00 It owr. 1 large oil properties about Tamrico
 and also 200,000 acres of grazin,
 and agriculturel land IL paid il. first dividend of per cent. in l907
 and has paid S per cent annnn | ever since
 Plantations and Lands. There are also many other mininl
 companies of large capital and nu | merous ones which are paving. bu
 are still little known There arr plantations of one kind or other whose capitalization runs well into the millions and whose properties ir some instances is worth considerably l more than the capitalization. The ! Mexican cotton estates of Tlahualic is registered in Great Britain: but the stock largely belongs to Ameri cans. the president being James Brown Potter. This company has 100000 acres of cotton plantation. a large part of which $ irrigated. and l am told it's lands are of enormous value It is the largest single cot. ton plantation in the world. l. is situated near Torreon.
 There are number of big 1ard companies and big industrial and electric companies The California Land company. Limited holds l.. 500.o0 acres in Lower California The Chiapas Zone Exploration com. pany has 100 square miles in the state of Chiapas. and the Interconti. mental Rubber company. incorporated in New Jersey. has over 2.oO0Ooo acres of land and rubber factory which is producing guayule rubber to the amount Of S00000 pounds cv- cry month. This company showed d net profit of considerably more than pS,VVu,uuu i'll lJll.
 And then there are some compaa. ies which practically own the public works of various towns. Such is the Anglo-Mexican Electric company. which has the Puebla tramway. light which owns the Zacatecas light and tramways; the Canadian one. backed by Mackenzie and Mann, which owns all the public utilities of Monterey and also the Mexican Light and Power company. which gets its power from the falls of the Necaxa river and supplies light and power to the carital This latter company has now capital of S25. 1000 000, and it's net operating profits are si,00o,00o a year. The stock is largely owned in Great Britain.
 In addition to these I might men tion a score of other industrials the stock in some of which is very large ly held in the United States. am told that there are something like S5O.o00.oO0 worth of Mexican invest ments controlled from Kansas City alone, and that St Louis. Chicago Pittsburg and other big financial centers have capitalists who are in terested to an enormous extent Among the recent organizations is the Gulf Coast Fruit X Steamship company. which has large planta- tions near the Coatzacoalcos river. nanas, and the Mexico International Land company, which owns about a half million acres in Vera Cruz and Oaxaca.
 In conclusion I would say that the most of these companies are large organizations. backed by big capital and managed on strict business pri,i- ciples In addition to them, there are great number of fraudulent companies. which have been gotten up to sell stock on the promises of making for the owners from 200 to 300 per cent. within five or ten years In ninety-nine cases out of every hundred such companies are fakes pure and simple, and the small man who takes stock in them payable on installments or in the lump is slre of losing his money
 FRANK G. CARPENTER