The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1908-08-07
MEXICO And THE ANCIENT
CITY OF GUANAJUATO

before and there is but a sprinkling
of the mills yet to what there will
be in a few years. The widest stor-
les of ancient fiction will pale before
the actual accomplishment of
science and invention in this camp
within the next quarter century.
Modern mining methods are already
taking millions out of ore that was
thrown on the dump. cast into bot
toms of drifts, and passed by be-
cause if was not of high enough
grade to be handled by old methods.
The present plants of the district
are treating two thousand tons
day. which will yield ten millions
$50, 100000 year profit. 1t
tiplied by one hundred within a few
years.
At this point the question may
arise in the mind of the reader,
How long will it last?" will it
not soon play out?" Not il our life
time.
The Spaniards have been at it for
nearly four hundred years and have
really only scratched the surface.
The deepest of their works was
shallow in comparison to what is
being done by modern methods, and
where they did work they did not
take out over so per cent of what
is now considered pay dirt.
Rand & McNally's Geography
says: Three centuries of constant
productiveness have not been suffi-
cient to exhaust the principal mines
originally worked in Guanajuato
WHILE BY FAR THE LARGER
PRODUCTION OF THE GREAT
VEINS REMAINS UNEMPLOYED"
The present cost of mining ores
in the Guanajuato district is not
over one-fourth to one-half of what
| it was under old methods, while the
saving is now 80 to 95 per cent of
the values, as against 40 to 60 per
cent with old methods,
1t is conceded that Guanajuato
leads the world in the low cost to
which the recovery of silver has
| been reduced.
The American Mining and Mill
ing Company, composed of success
full Texas business men. with head
quarters at Dallas, own $50 acres of
valuable mineral land in the heart
of the Guanajuato district. On their
properties are located several mines
among them the ~SIGLO XIX a
mine that was worked a hundred
| years ago by the Spaniards. In this
one mine they have 100000 tons OF
/ low grade ore which will, with the
recent installation of electric power
in the district and the application
/ of the newly perfected cyanide pro-
cess of extraction, net them $500
per ton with stamp mill.
For the purpose of installing this
mill, a limited amount of the COM
panys full-paid and non-assessabl BILE
stock will be sold ia 500 shares
for SIS per share
A small experimental mill of fiji
teen stamps has already been in
stalled and has just completed q
test run of 100 days, which has
proven conclusively that tbe new
company can pay handsome divi-
+, bends with large mill and cyanide
plant and other modern equipment
sufficient to handle one thousand
tons of ore day. These will be put
in at once and within IL months
time the first dividend will be paid
Already hundreds of thousands
of dollars have been spent in the
development of these properties, we
have gravity railway of steel from
the mine to the mill, over one mile
In length. The mine is equipped
Throughout with chutes for the CHEAP
and rapid handling Of the ore. A
telephone system has been put in
connecting the mine and the mill
and both are supplied with electric
lights. We have an invaluable gov
eminent franchise on the waters OF
the Santa Anna and La Joya rivers
for milling purposes and hold per-
feet titles to all our properties.
1T is NOW NOTHING MORE
NOR LESS THAN A MANUFAC-
TURING PROPOSITION. WHAT
RISK THERE WAS WE TOOK, AT
AN EXPENSE OF HUNDREDS OF
THOUSANDS OF DOLLARS, BE-
FORE INVITING YOU TO JOIN
US. 1t is matter of running q
large amount of raw material
through modern appliances. THE
PROFIT is SURE.
w. S. Davis Of Guanajuato, the
financial agent of the American
Mining and Milling Company, is at
the Rogers Hotel in Waxahachie for
a few days and will take pleasure In
explaining the proposition fully.