Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1892-05-16
SOUTHWESTERN new MEXICO.
Hon. ], A. Lookhart Talks Of Mines,
Money and the New Methods Of
Stock Raising.

Col. James A. lnckhart, the popular
sheriff Of Grant county and a leading
stockman Of southern New Mexico, wae
caught on the fly for a short talk to-day.
He said; Owe all regret very much the
burning of the capitol, and that it was
incendiary there seems no question; but
there is no use qnarreling over split milk
and we all should work together for the
earl y restoration of this handsome public
edfice."
Asked about affairs at Demng and Sill.
yer City, Col Lockhart said the mining
industry was prosperins as never before
new strikes are frequently reported much
new machinery is coming In, and eastern
capita has shown faith in Grant
COUNTY s mines That is most encouraging
to its citizens. John Br0ckman alone
has introduced 5000 900 Of outside capital
within the past two months for the pur-
pose OF promoting the mining industry.
MIR. Brockman is very useful citizen in
any community.
At Deming "the National Bank Of
Deming,' new institution. will lie
opened for business early next month.
1t has n paid up capital Of $4,000
and its stockholders are, Hon. }.
Sloat Fassett, Of EImira, New York
Jonathan W. Brown and l.. II. Brown,
president and cashier respectively, OF the
Sioux City, Iowa, ComY erclaI bank; j.
A. Lockhart, G. Wormser, John Corbett,
}. 7. Byron, Fred. NJ. Smith, of Deming.
The officers are, Jonathan W. Brown,
president; j. A. L)ckhaft, vice president
l.. II. Brown, cashier; J. a. Lock hart,
jr., assistant cashier.
Col. Lockhart talks most interesting
respecting the cattle industry in his sec.
tion. He said gradual transition from
the old range methods was going on aud
that stockmen could now see a brighter
day dawning because of this change IN
the method. "New Mexico should be
exclusively q breeding ground," he said |
for this purpose there is no country on
the globe that can excel this territory |
larger per Centage Of calves can be got |
here than anyw here, but as soon as they
are weened the steer calves should be .
hurried off to the northern state pastures,
there to be matured for the market. New
Mexico etockmen should never keep
steer calf over a year, and the COWS
should be spayed and sent north also
just as soon as they are out of form as
producers. This is the key note of success;
it is this new policy which has many ad-
vantages over old range methods. Anoth
er change is notable and that is that
owners or small herds are selling out and
quitting the business, going to digging
titches raising fruits, alfalfa and grain,
and thus the larger berd owners will have
less competition in future and be able to
adopt the new policy at profit to them
while those going out OF the business
will take up farming that must prove of
very great good to the country generally"
Col. Lockhart said also that the status
If the cattle industry at present was such
hat it certainly deserves encouragement,
md the general feeling is that the tax as.
'essment should be cut down from $8 to
Is head. "a man can buy them at $5
md IS head" he added, "and stock
nen feel that they are certainly entitled
o at least 81 reduction as matters now
tand. -