The day for selling and booming unimproved suburban property seems to have passed here as well as in Los Angeles. Nowadays, if one wants to start a new subdivision, or _colonia_, as it is called here, one has to lay out the streets and pave them with asphalt, or something nearly as good, put in cement side-walks, instal a complete water and sewer system, and when that is done you are ready to sell lots; but with a well-picked site and plenty of capital it is a most profitable undertaking even to-day in Mexico. I have seen in Los Angeles men laying out cement side-walks and paving the streets in the middle of an orange orchard, the lots of which would be sold later, snapped up, and the entire place built upon within the course of a few months. I have seen the same thing here, all but the building, in the _Colonia Moderna_, the land I spoke of above. The lots were nearly all sold within a year, but the building has been slow, as most of the land was bought for still further speculation at even higher prices. I mentioned above that foreigners own the greater part of the industries of the country, and the following few figures will give a clearer idea of what I mean. The Mexican Government having no Statistical Department, it is hard to get really accurate figures as to foreign investments in the country. The following figures, however, are most reliable, being compiled partly by the Canadian Bank of Commerce (for the benefit of its directors and stockholders), and published in its annual report, and partly from other trustworthy sources. The foreign capital (which is over seventy per cent. of the entire capital of the country) invested in this republic is drawn from the following sources. British, including Canadian, $350,000,000, about 60 per cent. being invested in railways, 15 per cent. in mining, and 25 per cent. in agricultural and other enterprises. The United States about $500,000,000, about 35 per cent. invested in railways, 45 per cent. in mining, and the balance in other industries. German, French, Austrian, Spanish, Italian, Belgian, and Dutch (in the order named) about $150,000,000, invested largely in bank stocks, in manufactures, and in wholesale and retail trade. The United States, of course, leads, being such a close neighbour, but England, with the help of Canada, has nothing to be ashamed of. Still there is a large and profitable market for England to investigate more fully, as her exports to this country are not in the same proportion. The last figures available of the imports and exports of this country are, the former, $97,428,500, and the latter, $130,028,000. Mexico produces many minerals, and the report last year of this production shows: gold, $22,507,477; silver, $38,555,000; copper, $10,191,500; other minerals, $9,946,000.