El Paso herald. (El Paso, Tex.) 1901-1931, 1910-12-19

rectlOn through BlSDee, IucSoHS AOl
ence, Mesa. Tempe and Phoenix, and
from thence north over the Bradshaw
mountains into Prescott, and thence
runs east, crossing the Verde river
near Camp Verde into the Mogollon
mountains, and thence runs north
through Flagstaff to the Grand can
yon. The other highway, beginning at
Yuma, runs approximately east through
Phoenix, Tempe, Mesa, Globe, and along
the ella river to Clifton and Morencl.
with a branch of the latter road run
ming south from a point in Graham
county through the Sulphur Springs
valley to Douglas.
National Guard.
During the year the regimental or
ganization of II companies of infantry
became complete so that now our mill
tary organization consists Of II COM
panies of infantry and one squadron
of cavalry. The organization consists
of so officers and 703 men.
Railway Rates.
At the suggestion of the territorial
railroad commission the Southern Pa
cific railroad has made a reduction Of
about % percent in interstate class
rates between FL Paso, Texas, and Dem
ing, n. NJ, and all stations on its lines
between Ell Paso and Arizona stations.
The Atchison, Topeka & Santa Fe roads
nave gwen dSSuTducSS IndI IildI hSQ re-
auctions will be made between Los An
geles and its Arizona stations, and be-
tween Albuquerque, n. NJ, and its Ari-
zona stations
An adjustment was secured by the
commission of alleged unfair discrimi-
nation made by the Ell Paso & South
western company in favor of FL Paso in
the matter of rates on shipments or
fruit to Bisbee, the railway company
L. ~
the discrimination
Formal complaints have been insti-
tuted against the Wells Fargo COM
pany to secure a reduction of express
rates.
The railway mileage in the terri
tory is 2.041O2.
Mining.
The output of the mines Of the terri
tory for the year 1909, as shown by the
ritorial auditor, exceeded somewhat
that of the year 1908. This output was
as follows:
Copper. pounds ........ 2s7, 1923
Gold, ounces .--.--.... 132, 27S.849
Silver, ounces ---.-....y 2.347,709-315
Lead, pounds ------.. 2.153,102
Zinc, pounds --.. 6,053,14
The gross value of this product was
42.946. 1919. It will thus be seen that
AIlZOlld Slll1 1cdQS all the states anu
territories in the production Of copper.
Vital Statistics.
The statistics at hand show the to-
tai number of births during the past
fiscal year to be 30eS, while the total
number Of deaths during the samf
period was 504e
Receipts and Disbursements.
The territory is in better financial
condition than ever before in its his
tory. Territorial. county. and NUM-
scipal bonds are selling at high pre-
MUM and are largely sought by in
yestors- At the close of the fiscal year
the cash on hand in the territorial
treasury to the credit of the various
funds amounted TO s507, 1881 an in
crease over the previous year of s145,-
27774
The total revenues for. the year were
s1,121. 381.4S. an increase of $205, S91.2S /
over the previous year
The increase in revenue was largely
due TO a substa ntiaI advance IN the
assessed valuation of the taxable prop
erty Of the territory
The total expenditures for the year
were s976,103-74 The net decrease
over the previous year was s13.266.74,
while the decrease in expenditure for
all purposes for which actual revenue
was provided was s1O3.123.16.
This decrease is largely due to the
more economical management of terri
torial institutions as a result of i'm
provements made within the past few
years in buildings and equipment, as
well as to the fact that expenditures
for new improvements have not been
necessary.
Territorial Debt.
During the past year the territor-
fal bonded Indebtedness was reduced
$4,000. OF this amount $4,000 was
paid by the territory and $4,000 by the
city Of Tombstone. All counties and
cities have paid the interest accruing
on their funded debt during the year
as fast as it became due, and in addi-
ton Pima county paid its second in
stalment of S17,505.15 past due bond
interest
In addition to the bonds redeemed
during the year there has accumulated
s1S,97099 for the redemption Of bonds.
Banks Prosperous.
The year has been one of unusual
prosperity to the banks of the terri
tory Despite the more or less unsat-
isfactory business conditions in some
parts Of the territory, the banks, es-
pecially the larger institutions, nearly
all show substantial growth. There
were no failures recorded during the
year, though some of the smaller in
stitutions are not in a very satisfac-
tory condition
The following small banks voluntar-
lily closed their business: Miner and |
Merchants bank, branch, Lowell; Bank |
of Bisbee, branch, Lowell: Bank of !
Bisbee, branch Naco; Farmers and |
Merchants bank, Yuma; Cooke & Co., |
Globe; Bank of Gleeson, Gleason.
Eight new banks were established |
in the territory, besides three branch |
banks. as follows:
Parker Bank and Trust company, |
Parker; Commercial Bank of Parker, /
Parker; Merchants and Stock Growers |
bank Holbrook; Bank of Lowell, Low |
ell: Cooke & Co, Globe: Bank of Mi |
ami, Miami; Citizens bank, Thatcher; /
Bank of Gleeson. Gleeson.
The ella Valley Bank and Trust |
company, of Morenci established |
branch banks at Miami Winkleman, |
and Ray.
The Navajo County bank at Wins
low, the Navajo County bank branch |
at Holbrook, and the Apache County /
Bank and Trust company at ST Johns |
were consolidated and reorganized I'M /
der the name of the Navajo-Apache !