Economy of Mexico banks”, bonded warehouses, bonding companies and foreign-exchange firms. A wave of acquisitions has left Mexico's financial sector in foreign hands. Their foreign-run affiliates compete with independent financial firms operating as commercial banks, brokerage and securities houses, insurance companies, retirement-fund administrators, mutual funds, and leasing companies. Mexico has a single securities market, the Mexican Stock Exchange (Bolsa Mexicana de Valores, known as the Bolsa). The market has grown steadily, with its main indices increasing by more than 600% in the last decade. It is Latin America's second largest exchange, after Brazil's. The total value of the domestic market capitalization of the
Rancho Bolsa de Chamisal patented to Lewis T. Burton in 1867. In 1856, Burton sold Rancho Bolsa de Chamisal to Francis Ziba Branch (1802–1874), grantee of Rancho Santa Manuela and part owner of Rancho Arroyo Grande, Rancho Pismo and Rancho Huerhuero. In 1866, Branch sold part of the rancho to dairymen George Steele and his brothers Edgar W., Isaac C., and Rensselaer E. Steele. Rancho Bolsa de Chamisal Rancho Bolsa de Chamisal was a Mexican land grant in present-day San Luis Obispo County, California given in 1837 by Governor Juan B. Alvarado to Francisco Quijada. The grant extended along the Pacific coast, just south