Weekly journal-miner., 1909-07-21

after the settlement of the city, which occurred in 1854.
 While MT. LOehr told many other interesting facts and reports of Guam ajuato, which he learned during his visit, it is upon the minig interests which he dwelt most and waxed most enthusiastic, for this was the cause of his visit to the old city.
 Has Wonderful Shaft.
 It was because of the mines that this town was originally settled and there is one mine at least which dates back to 1554 or earlier. At this mine is one of the most remarkable shafts known. It is 2,2OO feet deep and is circular. For the first 200 feet of its depth the shaft is plast- cred with adobe just as wells are of ten plastered or cemented. For this depth the circular shaft is forty feet in diameter and is the targets saft on this continent, if not in the world. There are now more than a dozen companies operating about Guana- iuatO, financed with British. American and French capital, there are many stamp mills and cyanide plants ad all are producing proftably according to appearance. In the Guanajuato Gazette, a creditably appearing edited weekly newspaper in English, there appears under date of June 19 last half-tone reproduction of a photo graph, showing six days output of bullion from the Guanajuato Develop ment company, which amounted to 26.704 kilos of gold, and in silver to l 1,355.534, the total value making $s4,377.Ol, Mexican currency.
 Many Companies Operate.
 The chief veins are La Luz and Plateras, where the values run gen orally about sixty and forty per cent in silver and gold. These veins run in a northerly and southerly direc- tion and the workings at La Luz are some seven or eight miles from the city of Guanjuato, a railroad being now under construction to these work ings. Here is a hundred stamp mill which cost a million dollars to in stall, which is working, and there are 300 men working underground. To operate the mill a reservoir has been constructed which has a capacity of one hundred million gallons and is campable of running a 800 stamp mill. This reservoir is a mile and a half from the mill.
 Along these veins, La Luz and Pla- teras, the workings extend for fifteen miles, and some wonderful properties are said to have been developed. In one property they have a vein 163 feet in width and extending from the fifth to the second level and possibly on up to the surface or close to it. The developed depth of this vein is 800 feet. From another company, on whose property is the deep shaft above described, there are said to have been taken by the company now working it within the past few years, over forty millions of dollars in silver and gold.
 Cecil Rhodes Opinion.
 Mir. Loehr believes that it was of Guanjuato that Cecil Rhodes, the South African millionaire, was think ing when he said, t.'I am not blind to the unison of opinion as expressed by scientists and experts that Mexico will one day furnish the gold, silver and copper of the world; that from her hidden vaults, her subterranean treasure houses, will come the gold, silver, copper and precious stones that will build the empires of tomor- row and make future cities of this world veritable New Jerusalems.''
 It was in this district that Al Adams, the New York 'Policy King" made his investments, and he invested here a million in gold and left to his sons very valuable property.
 Mir. Loehr considers this the rich. est silver and gold district that he has ever seen and declares it may well be termed "MexieO's great treas ure house,"
 GuanajuatO is on a spur of the Mexican Central railroad, and about | ten miles from the main line. It is | considered most admirably located | mining city. Spreading over a large territory, it has many eathedrals and | other fine buildings, including a mil lion dollar opera house, and supports a large and prosperous population. Its English newspaper is a six page weekly and carries a good line of ad VprtiSinU Sbovvin0 +bo+ Amarica r-l