New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-10-18

yant market for wooilcn products which
are row brought from the Eastern lac
tories; so the wool raised here PAYS douDie
freight before it frriyes AZ the west again !" lie
used in the form of blankets carpets aud clothing
II Is obvious tha; mi!ls on the ground would save
all this exrcusr ami that their business could not
tail to oc profitable 1t may be added thai III i tno
few manufacturing experiments tried here 10 mas
been demonstrated that the native boys make ex-
cellrnt factory hands.
TANNTnIrs-ln this land Of hides sheep skins
and fancy skins there no tannencs, Every
thing IL sent away for that purpose. The extra
freight on the useless weight thus transported Is
itself q large item. OF fancy skins there Is great
variety. including bears. mountain lions, beavers
red and gray foxes wolves, nks. etc.. all OF when
when tanned are readily sold aud command good
prices hut M present they have tO De- sent long
distances for tanning. ! know at two lots very re-
Gently sent To NowYork for that purpose, thus en-
failing the expense of 1000 miles of transportation,
To and fro A tanncry establish here where the
hides and skins could he brought directly 10 the
door, could not tail to be largely profitable, even
though the tanning material bad to he brought
Irom other places
RgTCKMAAERs.-In various parts Of the Territory
there l. good brick clay, and from this time forward
large quantities of bricks viii b. wanted. practl-
cal hrIckmaker cannot fail 10 DC successful.
BANKING.-By far the finest opportunity ior an
investment of capital, by these who do not Wish
hard work Is bank IN Las vegas. National
bank is greatly wanted there, and would be very
profitable. j he business Of the town Is already
WY large and as an immense section OF country Is
now and must continue 10 b. tributary 10 Las We
gas II will undoubtedly increase. The immediate
deposits would be considerable. aud the opportuhl-
ties Tor safe loans are abundant. The Lowest h2hk
rate in the Territory Is one ana nall per cent =
month {; and careful lnduiry az 10 the success GA
other banks here and the business condition OI Las
Vegas leads me 10 aaY confidently that no such op-
poriuDity for Il safe and profitable investment OF
CAPITAL exists to-day the whole country IN the
establishment of a National bank AT q at city.
MISiNG.-l have reserved this for the last ~ II ~
probably the most Interesting io'ic oi ms leuer
Almost every section of New Mexico ab0unds IN
mineral . and the amount of gold silver. copper,
coal and mica within its limits may be called III
caculable. | Will not enHmer.te all the localities
but venture the assertion that IN less than hVe
years New Mexico will be the great field oi Ainerl-
can mining enterprise. All That is wanted now Is
development. The gold mines OF Colfax County,
are practically useless until the conclusion OF the
pending foreclosure OF the mortgage on the Max
well and grant sets free the belt OF rich mining
lands within its limits. The same Is true OF gold
copper and mica tie Mora grant. now IN process
of partition. These two great grants, together con-
tanning about 2 900. 900 acres. have been standing
right in the gateway of immigration into the Ter
riiory. rs a kind of barrier but the next few
months will no doubt the titles of each settled
and this vast extent of land embracing mineral
farming and grazing districts, thrown open TO
American energy and enterprise. All through the
Territory excellent prospects exist but all need de-
velopmcnt. The placefs contain millions OF dollars
in cold dust but in general cannot be WORKED for
want Of wafer. which can only be obtained nj con
siderable expense. BY meeting that expense, an
immense return could be Insured.
The CeriilOs silver MINES are IN most encourage
ing condition, but need capital for development
They are situated on the very bill sides from winch
the SpauaTds extracted unknown millions CEN
turtles ago. until the enslayed Indians arose aud
drove them from the land, and endeav0red 20 de-
sroy every trace of their sdiierngs,Dy hng up the
mines in which they had lahpred.
At the CerllOs are dozens OF claims showing ex-
celleut VEINS of mineral" hut very few OF the
nrospectors have the money with winch 70 SINK
shafts TO the distance necessary for profitable results
Around Silver City aud Shakespeare there Is much
mining enterprise, but everywhere there is "A neccs-
sity for more capital for development. Reports
come daily of rich new discoveries, which can no
doubt generally be taken with some grains of al
lOwance but this much Is true, that but mod
crate portion of the Territory has been prospected
M all and that the indications are that snort Time
will develop fields OF mining industry winch VIII
give profitable employment Tor thousands OF men
and millions OF capital
Coal j. found IN large quantities ana OF excellent
oualitv in several sections of the Territory. The
A. /. * :. l. X. X. Co. recently bought Il consider
able section Of coal land belonging 10 the Govern
ment but there Is still room lOr plenty OF private
enterprise IN this direction
The PRoFESsIoNs.-Many professional mon. law
yers and physicians inquire rs to the chances Tor
that there IL always plenty OF professional business
for those who are competent and skilfu, VINO OBJ
tain the confidence OF the community, ana
who really mean in good faith to labor
zeaOusy in their professions. The bar OF New Mex
leo is second in ability to that oi few OF the States
No one should come with the idea that he Is gong
to find an inferior degree of talent here but vet
there Is room for few more lawyers of the right
kind The same may be sad rs 10 physicians; with
the addition that the increasing population Of course
requires more medical Attendance. anu that there
are country towns Of considerable size which at
present have no qualified physician.
Thus have sketchcd, as briefly as could. some
of the business opportunities and something of the
industrial situation in New Mexico. / shall add
here that the climate, which Is altogether the finest
i'm the country, Will allow thousands of those who
ale nValids at the East, to engage in active busl
ness here. Especially TO those having weak lungs
il presents or al advantages. HeTe they can raise
VINEYARDS and orchards if they do not care 10 risk
the rOughness of life on rancho. The medicinal
and hot springs at Las Vegas. now under control of
the railroad company, who are making rapid I'M
provements, will be resort giving the advantages
of Eastern waterng-place life To the families OF
such residents desire IL, before next summer.
And-what is perhaps of the greatest Importance
TO those proposing to locate here, and presents
marked contrast Ia attempted settlement IN the
Southern States-they will ind the native popula-
zion polite, generous and hospitablc almost to y
fault, with dislike or dstrust of new corners Of
the proper class. but inclined to welcome good ctl-
zens from whercsOevcr they come. Considering the
circurnsta of the case, and the character OF
some of the first Americans who come TO the Terri
tory II is really surprising that so much good Will
should be felt by the so-called Mexican" popula-
ton toward the new conner ; but IL certainly does
exist and those who choose 10 make New Mexico
their home, and who are entitled TO respect and
confidence. will find n welcome anywhere IN the
Territory and need have no fear of being branded
as " carpet-baggers " or OstraclZcd from society.
l.. BRADFORD PRINCE.
Cinarron Neic- uerco, Aug. 20, 1879.
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