Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1897-06-26
LAS VEGAS NEWS.
The Greatest Wool Market in the
S0uthWest-Three Securing
Mills at Work.
Work on the New Depot Hotel-Other
Items of Interest.

Correspondence New Mexican.
Las Yegaa, June 25, 1997.-The wool
season is fairly open in Las Vegas, the
greatest wool market in the United States.
While the big rush is not expected until
the middle of July there are now arriving
daily on an average of 300 sacks of wool,
about 250 pounds to the sack. A few
weeks ago the import started from Lin
| coin, Eddy and Chayes counties and the
trade has gradually grown north until
now the San Miguel county woods have
begun to come in.
Thomas Ross is probably the heaviest
buyer in Las Vegas at present, the first
three days of the present week he bought
in the neighborhood of quarter of
million pounds, 1900 sacks. The price
paid this year is even above the eXpecta-
tions of the wool growers themselves.
AS high as 1874 cents have been paid for
wool on the streets of Las Vegas this
week, and 1T is rather doubtful if the
grower could drive into Boston with the
same wool he could get as good figures.
The question naturally arises why is it
that Las Vegas affords better market
for wool than any other city in the wests
This is answered by stating that that are
IN operation three large securing mills
with capacity of 10000 pounds each
day, this makes daily demand of 10000
pounds of wool at this point the year
around. The railroad company working
through its newly organized industrial
department has made the rate on secured
wool to the east such that there is an OBJ
ject in securing every pound of wool
f'grown in the territory before it is ship
ped. When running full blast each scour-
ing plant employs about 20 men so that
it is no small matter in the way of an
enterprise to the city.
II the wool buyers of Las Vegas were
compelled TO sell the wool to eastern
securing plants instead of those right
here at home, they could NOT afford to pay
within 2 cents per pound of what they
are paying now. This is why wool grow
ers haul their wool as far as 800 miles to
Las Vegas.
The city council of Las Vegas passed
resolution on the 18th Inst. establishing
new schedule of water rates to be charged
by any company operating in this city
after July L. The resolution am ong other
things says: This city council has in
behalf of the inhabitants of the city of
Las Vegas carefully investigated the rates
and licenses now being paid to the Aqua
Pura company for water, and having
found said rates and licenses excessive,
discriminating and unjust, have prepared
the following schedule of rates and
licenses, being fully satisfied the same
are equitable and just, alike to the Aqua
Pura company and the consumers.
The new rates established are said to be
clean cut of at least so per cent. Mana
ger f. H. Pierce of the water company
says that he will pay no attention to the
| resolution and will fight the law under
which the resolution was made. This is
Tom Hughes bill and no doubt the best
| legal talent in Las Vegas will be employ
ed to determine whether or no it will hold
water.
The suicide of Major Miguel Salazar
was shock and surprise to Las vegans,
but he was a man of exceptional pride
and he had struck the bottom pretty hard
| in financial matters and it is presumed
could not face the difficulties. His life
was insured for $4,000 upon which he
had paid two installments. 1t is to be
: hoped for the sake of his refined wife and
children that he was not within the pro-
hibition Of the suicide clause of the policy.
Work on the new depot hotel, depot
and perintendent's offices Will COM
mence within six weeks. This will fill q
long felt want in Las Vegas, such as the
Palace hotel fills in Santa Fe.