Albuquerque morning journal., 1910-11-21

eeived By this bureau during the pas
Year shows an Increase OF more thar
! 400 per cent over the previous year
and this without any systematic ad
vertising or exploitation OF any kind
The activity In land entries hai
made necessary the creation by con
( gress Of {. sixth land district, to b,
! known as the Fort sumner district
/ Guadalupe county This office viii
| open for business cn October l, 1910
/ 1t is probable, how YER. that one oil
/ the existing lnnd lcs. that al
| Tucnmcari. will be closed within the
| next few years a greater portion OF
| the available agricultural land in that
district having ben filed upon The
public domain of New Mexico has
been going ut the average rate Of o.
100000 deres for the past five years,
and as shown hy the figures Of tho
past year there has been little falling
off In this average.
Territorial Finances.
The financial records for the year
ended June 30. 1910, show the terri
tory. the several counties. and the
territorial institutions 10 have been
successful and prosperous and their
financial administration satisfactory
in every way.
All appropriations have been paid
promptly.
During the past year the territorial
rate OF taxation has been materially
reduced, having been lowered to II
mills from 18.85 the year previous
nearly q "a per cent reduction. In
THIS connection attention is called to
ne fact that property returns for tax
alton are made on a basis not ex-
ceeding 20 per cent of actual value.
Were the returns made ON a basis Of
full valuation the rate would amount
to only 0,22 Of ] per cent.
All territorial Institutions, penal,
educational, charitable. and others,
have lived within their incomes as
fixed by Legislative acts.
No deficiencies have occurred in
any Of the departments.
The territorial bonded debt has
been decreased, interest payments
promptly met, and the credit Of the
territory generally improved.
Bonds issued by the territory coun-
ties, and municipalities, bearing low
rates of interest, when offered for
sale have been eagerly sought by the
bond buyer.
On June /, 1909 there were out
5tandng bonds Of the territory to the
hhbuHt VI @liiVttDUVs DuflnB inc
year ended June /. 1910, $500 pro-
yisional Indebtedness bonds, $4,000
current expenses, ana $1,000 certifi-
Gates Of Indebtedness have been paid
md retired. leaving total bonded
indebtedness June /, 1910, Of S1,001,-
500.
The territory has no debts or OBJ
igations Of a floating character and
IS strictly on a cash basis.
Substantial cash balances adequate
Tor all purposes have been maintain
"a, such cash balances being kept on
deposit with approved banks, named
ls repositories of public funds, and
imply protected by good and suffi-
cient bonds paying interest on daily
balances at the rate of per cent per
lnnum.
The receipts and disbursement by
he territorial treasurer for the year
mentioned were as follows,
Sal. on hand June /. 'l0..S 527,19S.1
Balance on hand June /.
1910 ..................S 527,19S.16
receipts for year....... 1032,91463
s1,560,112.79
Disbursements for year. .$1,074, ,96365
Balance on hand June /,
1910 .,........~.,.... 4S5,149.14
e. keot1 20
Tc,,i,or,ot rns,i,,tiooS
pc,iev,irg fhe rinoncioi t,.,nsa.o-
inns ~ ihS rdnrd ~ rnoe,ts ~ ~
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inanciaI condifion thn ,nncInsion IL |
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Thc se,,o,al instit,,ti,,,. h,,o toon
M. a,,.ine- ~ ,.,o,. ,ng, IN, "a |
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'' th,t, i',,,,,,,ss ~, ,,id, ..,.,,+a1 !
Z. ,n'n,,ras, n,,d a., ,c,i,,,,s anri,,-
y ~ p,,,rs, ~ - ti'.,
r-,,', oc a,,,. r.,oa, a1r.,,tt,n., instt
,,tions t,o f,,. Nfo>ino Ntt,ttar,. Tn-
tit,,ta ond ,hn ITni,,o,.s,t,, of Nn',
49, ~ ~, ~, rr'rai ,,a.,.e, fi,.,,,e5
! las. tbro,,ei dest,nctton or hnll6-
49,, 10. a. r,t,, insti,,tio,s ,,''.,,
ss ~ i,. i,,s',,.,',,,
49, 49, ao 49,. i,,tfdtngs ,ddi,i,nai
9th Tor institutional ana othtr pnr-