Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1902-11-29

gfess In all branches OF industry In the
territory and embodies detailed state
mcnts from all county and territorial
Offices.
The population of the territory. &C.
cording to the last census. was 1880.
The estimated population on the 30th
day Of June, 1902. based upon COM
parison of registration returns. the
vote cast at elections and the last an.
nual school census. Is GAG, 700, of which
12.700 are Indians.
The financial standing Of the terri
tory IL stated as excellent. Under
beneficcnt acts Of recent legislative
assemblies II has been possible to ac-
cumulate surplus In almost every
fund In the treasury, enabling all OBJ
legations to be promptly met. leaving .
handsome surplus to be used In the re-
duction OF the interest bearing debt.
The bonded debt on June 1. 1901.
was S1,1s0.90 on which there was
paid during the past year $4,000; the
bonded debt outstanding June 1, 1902
was VI 1923 800. Since that time sink.
ing funds have accumulated srflicient
for the redemption OF the bonded debt
In the sum Of sS9.246.26, leaving the
net bonded indebtedness at this time
1904 .053.74. For more than year
past, 1t Is stated, endeavors have been
made by the territory to buy unmatur-
ed bonds without success. Many or
ders haze been fled to take up any
bonds the territory might issue. and
there has been wide demand for
county and school district bonds. The
territorial tax levy bonds for all pur-
poses Is now 1899 mills, far below the
average In the western states.
The banking institutions are In a
hourishins condition. There are four
teen national banks In the territory
an increase Of four during the past
year, one located at Ration. and the
others nj the new towns OF Portales
Santa Rosa and Tucumcari In addition
there are twelve banks operat' 1g I'M
der the territorial laws, total OF
twenty-siX banking institutions. having
resources aggrcgating nearly 100000
600. with deposits Of over 81 500 900.
In the line OF industrial development
the governor states that as large and
as many as were the charters filed In
New Mexico for various industrial en-.
terprises during the fiscal year ending
June 30. 1901, that record Is exceeded
by that OF the fiscal year ending June
30. 1902. which shows the several
corporations chartered to number EOS.
with a total capitalization OF 500. 4S0,.
1870. or the corporations so organized
10 were for the purpose OF mining
milling and smelling. having com.
bined capitalization OF $73,0i7.6S0: SO
for manufacturing and other industrial
pursuits, with q capitalization OF "a
796.500: six bank. building and loan as.
sociations. with a capital Of $3.50 900;
six railway companies with capital Of
si5.s25,000. to construct S34 miles Of
road; ten irrigation and land improve
mont companies, with a capitalization
az $2.011 900. and ten benevolent and
charitable associations. Last year there
was gain of forty-oae In the number
If industrial corporations fled over
the previous year: this year the gain
IL tifty-hye In number, which measures
To some tNteut the great IOTWuTu
strides New Mexico is taking.
One million one hundred and twelve
thousand five hundred and Atty one
and fifty.four hundredths acres OF the
public domain have been entered un-
der the homestead and various govern
ment land laws. two-thirds OF the area
thus taken up being in the counties Of
Coifax, Union, Guadalupe. Santa Fee.
Lincoln. Chaves and Otero, contiguous
a. the new lines Of railroad.
The court of private land claims dur
Ing the year has judicially considered
land covering large area and now
has pending cases involving only 141.-
s60.97 acres. Since the organization
of this court 1t has adjudicated title to
24.0o0.00o acres OF land claimed under
various grants, all of which. save
something more than a million acres.
fas been determined to be public land
and restored to the public domain.
Under the act of congress, June 81.
1898. donating a limited area Of the
public lands to the benefit OF the terri
tory for educational and other worthy
t"rpunvus Tue puttcu cthtcb couuio-
sion has selected. located and entered
for the benefit of the various institu-
tons. etc, 820.026.5S acres. including
79.693.25 acres acres of saline lands.
This act Of congress also appropriated
$4,000 acres each To the following insti-
tntions which have not yet been es-
tablished, viz. the miners hospital. In
stitute for the blind and the reform
school. II will devolve upon the next
Legislative assembly to pass necessary
laws establishing and locating these
meritorious public institutions.
II was tardy justice. the governor
says. which brought New Mexico this
small concession OF the public domain.
which Is as nothing when compared
with the vast area OF government