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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"
}