Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1893-08-05

sve 1t is probable that up to date Mr.
Hagerman has paid out over $4,000 on
this home ranch, and that it will cost him
fully 100000 before completed,
ALTHOUGH COSTLY IT Will PAY HANDSOME
The question now arises was all this
done merely to provide beautiful home !
Certainly not. Mr.. Hagerman as certain
ly expects good return on his outlay as
any farmer in the valley. His eighty
acres of alfalfa will yield him gross $50
per acre, or $4,S00. His fruit, 1870 acres
now planted, will average at 5000 per
acre, gross income of S260O0. Allowing
for expensive and improved methods that
it cost $4,000 or $4,000 per year to keep
up the ranch it will easily be seen that
Mr.. Hagerman's lovely home will an
nually yield him handsome income. Or
to take a lower and unreasonable estimate
of $40 gross return per acre annually,
and from $40 acres, when fully improved
he will receive each year $o9,6O0.
Viewed merely in the light of an invest
ment this is a far moro than handsome
return. If such proposition was laid
before any good business man he would
pronounce it a good thing Ample data
will be given the reader later to show that
the above is very much underestimated.
If the comparatively poor man Wall adopt
these figures to his own case, and know
that they are backed by one OF the
soundest fnanciers of the age he
can hardly hesitate of admit
ting the value of irrigation. Land
q great deal better for all PRACTICAL pur-
poses can be had in the Pecos valley for
from $25 to $50 an acre.
The view from this beautiful ranch is
magnificent TO the east stretches the
parapet of the Llano Estacado; in the
west the rolling tops of the Guadalupe
mountains break the azure skyline; at
ones feet almost lies Eddy and its bust
ling life with the Pecos river backed up
like lake for three miles; to the south
stretches the great valley, the houses of
Malaga and Vaud tell Of life and activity;
three miles away tho mile square vine
yard of Chas. W. Greene glows i'll the sun
like an emerald on the breast of the mesa;
while hundred homesteads dot the
brown expanse with tiny specks of green.
Three years ago there was not house
between Eddy and Malaga, twenty miles
away. The scene was grand but wild and
bleak. To-day how changed. Life, COM
fort and happiness announce themselves
in hundreds of verdurous spots, and it is
realized more strongly how this mag
niiccnt wilderness, $50 miles in length is
assuming delightful and civilized APP
pearance.
POINTERS ON THE CITY OF EDDY.
On tho occasion of the visit to Hager-
man Heights, the writer was accompanied
by Mr.. W. A. Hawkins, The eminent and
safe legal counsel of the mon who
made these Improvements. Turning,
he pointed out to me in Eddy tho
handsome Hagerman hotel, built at
cost of 100000. whose wide sur
rounding piazaas and galleries gave it
cool and wholesome look. 1t has sixty
rooms kept in most scrupulous order,
and good cuisine. II is the best hotel
in the southwest, and delightfully."- situated.
1t is admirably managed by Capt. y. l.,
Lasher, courteous host.
Beyond the hotel Is the Tansill block,
100 feet square. 1t has four large store
rooms on the ground floor and on the up
per floor Offices, the Masonic lodge rooms
and the home of the Eddy club. This in
stitution is an organization of the young
men of the town. 1t occupies large quar-
tiers, running the entire length on one
side of the building and quarter round
the front. 1t has all the latest conve-
niences of club life, and if any one does
not believe that it is as fine and hospi-
table as any Chicago institution of its
kind, let him go to Eddy, behave himself
and see how soon some member will in
vito him into its hospitable portals.
While there he will soon be convinced
of the advantages of life in Eddy as he
will find college graduates, professional
men, young farmers, business men and
visitors stretching out hospitable hands
and urging him to locate in Eddy, work
hard and grow rich. It is this open sesame
to work for profit, share in which is
heartily extended to all the industrious,
that makes Eddy what sho is-queen of
the southwest.
A block away from this is the First
National bank building, large and roomy,
from the second floor of which Hon. c. B.
Eddy, the local director and manager,
overlooks all the vast interests of which
he is the executive head.
"tuuii1 nv '"ii,:'o'io n ,iiuton
and Methodists, and smaller ones by other
reilglous organizations.
W. iatgo ooI 4aa, son oths "le
brick, iron and stone two stories bioh.
haotea and ventilnta5 occordino In the
latest modern sc;ence hos heen arected at
cost Of 10000, When the townsite
comnony lo;d 81 tho torun +ho :; rst h,,s;
nesa attended TO was Tho locat;on ana
hn;lding If school bousos ''' > ''''N'' 49,
Tha court hor.a 10 oao, ,o,n+,
buildine II ia Of hricb and cnst sso nnf3
The des;on ia a. annronr;ate md eIena NJ
nd 40 ynri,,,os,i,, ~ "ns' thst ~
'A" w. wa hi'iAs'iP oo 'hoiouo II enoo ~