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ECRE 31 Vista, Monclova, Ciudad Juárez, Guadalajara, Cia. Mexicana de Luz Y Fuerza Motriz, S.A. Ciudad Obregón, and other places will add ca- operates in Mexico City and surrounding pacity of 182 thousand kw. The International areas and is the most important electric dis- Bank and the US Export-Import Bank have tributing company in the country. This granted substantial credits to help in the pur- company serves an area of 2,500 square miles chase of machinery for the electrification pro- and annually sells over half the total elec- gram. Pemex is now constructing a thermal tricity generated in the country. Among plant at Atzcapotzalco to provide power for its other light and power companies, the most new refineries. While this installation will important are subsidiaries of American and have a surplus for other consumers, it is not Foreign Power Company (a US corporation), intended to be a part of the general electrifi- which operates in various parts of the coun- cation program. try. A group of companies in the State of Private industry, particularly the Cía. Mex- Sonora is owned and operated by US inter- icana de Luz Y Fuerza Motriz, S.A. (owned by ests, and a number of small independent com- Belgian, Canadian, and US capital and di- panies are operated by Mexican capital. The rected by US ex-Ambassador Messersmith), is Mexican Government has also entered the also planning a construction program and is light and power industry through Nacional relying on the Export-Import Bank for funds Financiera, which has constructed various for equipment and machinery. projects including facilities for transmission and distribution in some instances where pri- It has been the policy of the Mexican Gov- vate capital is not attracted. ernment, while handling the general direction and over-all planning for the electric power (3) Minerals and Metals. industry, to rely on private industry to han- Mineral Production. Mexico's mineral pro- dle the work of transmitting and distributing duction has always been an important source electric power. Where rural centers offer no of its foreign exchange. Mineral products incentive to private utilities, the Comisión currently account for 30 to 40 percent of total Federal de Electricidad has embarked on a Mexican exports. The wartime and postwar program of rural electrification. And where demand for minerals and metals has kept private capital cannot finance the extensive Mexican mines, mills, and smelters working developments essential to the industrializa- at capacity. The mine workers in Mexico are tion program, the government has been han- estimated to number 90 thousand. dling such constructions to provide the power Prewar and postwar production of major to private companies for distribution. Mexican minerals may be shown as follows: TABLE 2. MEXICAN MINERAL PRODUCTION (Metric tons except where designated otherwise) Rank in World Minerals Production 1938 1948 1949 1947 Production Production Production Gold 28,734 kg. 11.4 12.6 Silver 1 2,520 1,789 1,538 Copper 41,851 59,076 57,246 Lead 2 282,369 193,318 220,764 Zinc 3 172,218 179,030 178,402 Antimony 2 8,069 7,380 5,753 Mercury 5 294 165 181 Arsenic 3 8,894 7,572 3,576 Cadmium 2 762 905 819 Graphite 9,611 35,261 23,812 Tin 253 184 364 Tungsten 70 80 38 Molybdenum 3 806 226 Iron 111,093 226,533 246,573 Manganese N.A. 24,014 23,771 Bismuth 2 186 154 249 ECRET

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    "ocrText": "ECRE\n31\nVista, Monclova, Ciudad Juárez, Guadalajara,\nCia. Mexicana de Luz Y Fuerza Motriz, S.A.\nCiudad Obregón, and other places will add ca-\noperates in Mexico City and surrounding\npacity of 182 thousand kw. The International\nareas and is the most important electric dis-\nBank and the US Export-Import Bank have\ntributing company in the country. This\ngranted substantial credits to help in the pur-\ncompany serves an area of 2,500 square miles\nchase of machinery for the electrification pro-\nand annually sells over half the total elec-\ngram. Pemex is now constructing a thermal\ntricity generated in the country. Among\nplant at Atzcapotzalco to provide power for its\nother light and power companies, the most\nnew refineries. While this installation will\nimportant are subsidiaries of American and\nhave a surplus for other consumers, it is not\nForeign Power Company (a US corporation),\nintended to be a part of the general electrifi-\nwhich operates in various parts of the coun-\ncation program.\ntry. A group of companies in the State of\nPrivate industry, particularly the Cía. Mex-\nSonora is owned and operated by US inter-\nicana de Luz Y Fuerza Motriz, S.A. (owned by\nests, and a number of small independent com-\nBelgian, Canadian, and US capital and di-\npanies are operated by Mexican capital. The\nrected by US ex-Ambassador Messersmith), is\nMexican Government has also entered the\nalso planning a construction program and is\nlight and power industry through Nacional\nrelying on the Export-Import Bank for funds\nFinanciera, which has constructed various\nfor equipment and machinery.\nprojects including facilities for transmission\nand distribution in some instances where pri-\nIt has been the policy of the Mexican Gov-\nvate capital is not attracted.\nernment, while handling the general direction\nand over-all planning for the electric power\n(3) Minerals and Metals.\nindustry, to rely on private industry to han-\nMineral Production. Mexico's mineral pro-\ndle the work of transmitting and distributing\nduction has always been an important source\nelectric power. Where rural centers offer no\nof its foreign exchange. Mineral products\nincentive to private utilities, the Comisión\ncurrently account for 30 to 40 percent of total\nFederal de Electricidad has embarked on a\nMexican exports. The wartime and postwar\nprogram of rural electrification. And where\ndemand for minerals and metals has kept\nprivate capital cannot finance the extensive\nMexican mines, mills, and smelters working\ndevelopments essential to the industrializa-\nat capacity. The mine workers in Mexico are\ntion program, the government has been han-\nestimated to number 90 thousand.\ndling such constructions to provide the power\nPrewar and postwar production of major\nto private companies for distribution.\nMexican minerals may be shown as follows:\nTABLE 2. MEXICAN MINERAL PRODUCTION\n(Metric tons except where designated otherwise)\nRank in\nWorld\nMinerals\nProduction\n1938\n1948\n1949\n1947\nProduction\nProduction\nProduction\nGold\n28,734 kg.\n11.4\n12.6\nSilver\n1\n2,520\n1,789\n1,538\nCopper\n41,851\n59,076\n57,246\nLead\n2\n282,369\n193,318\n220,764\nZinc\n3\n172,218\n179,030\n178,402\nAntimony\n2\n8,069\n7,380\n5,753\nMercury\n5\n294\n165\n181\nArsenic\n3\n8,894\n7,572\n3,576\nCadmium\n2\n762\n905\n819\nGraphite\n9,611\n35,261\n23,812\nTin\n253\n184\n364\nTungsten\n70\n80\n38\nMolybdenum\n3\n806\n226\nIron\n111,093\n226,533\n246,573\nManganese\nN.A.\n24,014\n23,771\nBismuth\n2\n186\n154\n249\nECRET"
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