OCR Text |
Show LARGE MEXICAN GUANO ENTERPRISE i Guano to the estimated valuo of $lfiO,000.000 gold, reckoning upon it! market woitli bolng only 130 per ton deposited through tho centuries upon seventeen Islands of tho Cnmpeche coast of Mexico, will boon ho exploited exploit-ed on a wholesale scale by a syndicate syndi-cate ot Califonilans organized ns tho International Commercial compaii) and capitalized nt $150,000,000 Unltod States curiency. The company which Is n iloso corporation, cor-poration, Is lu possession of a ten years' concession gi anted by tho Mexican Mex-ican government .which will receive a royalt of 7f cents per ton on nil tho product ninrkcted. The only re stiuctive clause of any consequence In tho grant provides that tho con cesslonalies shall not lease the Islands to a foreign stnte or country In thr beginning the fertilizer will bo exported ex-ported to IOurope, notably to Hamburg According to engineers' reports fll ed with tho promoters of this venturq, there aio at least 5,000,000 tons of' guano within the areas thus far o plored, with largo ti ticks remaining to bo exploited .Tho inrgest known deposits are upon tho Islnnd of Trlnm gulus, where tho accumulations from generations of bird llfo have In many places grown to a depth of twenty feet or more ,nnd whore thoro remain millions of sea fowl adding annunlly to tho store. Almost equal quantities of guano havo been found on the Islands Is-lands of Areas and Aronns, also In eluded In tho federal grant. In tho Inst twonty-flvo yenrs tho French compnny operating on t'hl clna Islnnd, off tho const of Peru, hns realized more than VJOO.000,000 fiom tho guano shipped from these deposits, de-posits, reputed to bo the best In the world .because of tho fact that thore Is no rainfall them. Tho Chlchlna fertilizer domauds $100 a ton. Tho moving spirit in tho organization organiza-tion of tho California company Is Dr. Julius Ziegner, a nophow ot tho pres Ident of tho Argentlno republic and former consular representative or Argentina Ar-gentina In Moxlco. Ho is now In Los Angeles, whero the Incorporation ot tho company has Just been porfected and plans formulated for vigorous op eiatlons. Wllllnm A. Ford Is president presi-dent nnd Frank O. Uaker is secre- tary-troasuror of tho corporation. Dally Herald, Mexico City. |