Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1903-11-07
VALUABLE ABSTRACT
Travelling Auditor Stafford Has Just Completes One
of 1908 Assessment Rolls.

nent rolls from which interesting eX.
tracts are taken. Tho total assess.
ment OF New Mexico for the year 1903
IS s4l,S32.5 667g. against Su.10s,-
7i5.o7 in 1909. showing gain of al.
most s72S.S2172.
The gain In taxable valuation IS
stir greater; the exemptions this year
amounting 20 only 1925 els against
st.i7475l so. the year previous. That
leaves the assessment subject 10 taxa
tion FOR 1903. ~ $50 500 95l 70 against
SIS $50. 99327 Tho year proylous.a gain
Of S96e.g 5S52 Taking In considera.
ton. however. that this wear a number
or large double assessments have been
eliminated. tho actual gain iu taxable
valuation is about S3o0o.0O0
A review OF the classes OF valuation
gives @ glimpse ot She inadcquatoucss
Of New Mexico assessment methods.
The assessment rolls for this year, for
instance how a decrease Of $SS6.i AIS
in the value OF New Mexico grazing
land since last year; a decrease in
values Of bank shares since last year
OF si71 SIG despite the fact that there
are four more national banks this year
than last. other classes showing a do
crease Ia valuation are tolcgraphs and
telephone lines, toll road and toll
bridges. reservoirs which have de-
clined In value S4g.34O; mines and
their products capital in manufactur.
inE bonds and warrants OF which s2l,-
800 less were found by the assessor
This year than the year previous, the
total amount OF bonds and warrants
held In the territory, according 10 the
asses mout rou, being only SiJ656.
Wheat. corn. raucy household goods
and bees also show an alarming do.
crease in value
an tho other hand there is q crafty
ing increase of almost $500 oou iu the
value 81 agricultural lands. of $50. 600
Boz city lots OF SIPS 600 in timber
bands, Of $4,000 in irrigatine bitches
r, Si1N,uUu m narrow gauge railroads
20. S204.au2 in standard gauge rail
roads and S215Go7 IN surface improve.
Uorts Of mines Notab, Increases
are also shown IA the value OF mills.
Sia55i, notes and book accounts sl3.-
SS7iergines s154 430: horses SlIS.0OO;
mules 100000. cattle 1858 600: sheen
s3l600o; goats $4,000 swine. 81 400:
bGrros. s 900; carriages and wagons
$4,000; sewing machines $4,000:
saddles ana harness $4,000: merchan-
disc sS30.oo0 farm Implements STA.
600. saloon and Office fixtures S32 900:
money 100000. watches and clocks
$4,000: books 10000 icwelry $4,000;
sold end silver plate $4,000: musical
instruments $1,000. household goods
$4,000; lumber $4,000; coal sl36;
tools $4,000
The biggest taxpayers of the terri
tory are the railroads for they are as.
sessed at s7iS2 22i or almost one
nth Of the entire valuation The cat.
'lemen are second for the cattle Of the
territory are assessed at 6.432 g55.
The sheep mon follow far behind. for
they are assessed at only s2727977.JO. !
However, grazing lands and improve.
ments thereon are assessed at ST. Sg2.- |
u30.75, and adding thereto horses val. |
ued at s9o2 ,03i; mules SlO2 .627; goats
Sl9i,ii2i and swine S16.1S7, and 1t
viii be seen that outside OF personal
ana other property owned By the graz
ing interests, the latter pay one-third I
.! the taxes Of the territory and to- !
scther with the railroads almost ono
naif OF the taxes. As far as taXpaying
is concerned the mining Industry cuts
very little figure ~ New Mexico, for /
mines, their improvements. mills and |
product are assessed at only $500 ,593, !
oEe-nftieth OF thu total assessed valua /
ton Of the territory Yet according
- stock quotations ST The Boston mine /
exchange this week one mine In Santa /
Fe county aloac has market value of /.
half million dollars although Santa .
Re county returns less than $50 000 az
representing the value OF It's mines,
treir surface Improvement, mills and I
mine product In 1900 already the /
census which rather underestimated /
than cycrestimatcd the wealth Of New /
Mexico declared that the form values /
~ New Mexico Ia that year were over .
Slo.HA"HH0 The assessment for 1903 .
declares that me yaluo of agricultural
lands and improvements In New Mex /
4ru r Jess than ore-tcnth OF that Of So /
1873 9i> al the reservoirs in New 4
Mexico are valued az only Sll320 and .
m" irrisatiue bitches at $l73lS. I
Hurro- ase valued al sS.7S5. carriages
ana WAGONS 40 s2l7GO7; sewing ma.
chimes SIS 600; saddles and harness
$4,000, and merchandise az S2.032..
ops According 90 the aasesfor only .
$500, is invested iu manufacturing .
by Ncw Mexico people while almost .
seven times as much. or over sSs 900. .
Is invested farm Implements Sa- .
loon and Office fixtures IN the territory
are valued at $4,000; and the
amount Of cash on hand is $3.50 POS or .
about So cents per person. IN bonds .
and Warrants Jess than $40 900 Is own
ga ~ Sew MrEieo. while tho people .
manage TO worry along with $2S 900
worth OF books, less than 10 cents
worth apiece; and s270O0 worth OF
Watches and clocks which would give
everyone a 9 cent Satch or clock.
Cod ana silver plate In the territory