Aberdeen Capitalists Eye Mexican Sugar Trade
Local investors pour $120,000 into a grand scheme to import sugar cane production from Sinaloa, Mexico.
The story, cleaned up
A cleaned-up reading of the newspaper page: spelling and layout repaired, one story lifted off a crowded page. It follows the original closely but it is not a transcription. The original page is below; read it if a detail matters.
B. H. Evans and H. C. Cooper, accompanied by Edward Lycan, returned from Sinaloa, Mexico, Saturday, where they had been to look over the country and report on a proposition formulated by Mr. Lycan to form a stock company for the purchase and improvement of a large tract of land to raise sugar cane, the erection of a large sugar mill, the establishment of a lumber yard, and the construction of a steamer for the trade of the company. Their report was favorable, and $145,000 worth of stock has already been subscribed, $120,000 of which was taken by Aberdeen parties. The steamer will be built here.
“$120,000 of which was taken by Aberdeen parties. The steamer will be built here.”
This 1891 venture highlights the aggressive, outward-looking nature of Gilded Age frontier capitalism, where local mill owners sought to diversify their holdings across international borders. It serves as a reminder that even remote timber towns were deeply integrated into global commodity markets over a century ago.
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