El Paso herald. (El Paso, Tex.) 1901-1931, 1911-12-08
New Mexico Banks.

6S5,143.65
New Mexico Banks.
On June 80, 1911, the banking in
/ terests of the territory were repre-
/ scented by 81 banking institutional
/ national and 45 territOrial-With a
/ capitalization of $3,343,49O and total
| resources and liabilities over last year
4 of S1,OS7,960
, During the year give new banks
have been established and are in op-
[ Grafton under the territorial banking
act.
The total liabilities Of ali banks
were $685. 27 %.
Building and Loans.
There are at this time Is building
and loan associations organized and
operating under the laws Of the terri
tory, which, with the exception Of two,
are purely local in character.
These institutions have combined as
sets and liabilities of 1881, 293.64,
which is an increase over last year
Of S71,7O9.O7.
Corporations.
During the past fiscal year 15S cor
pOratiOns, with a combined authorized
capital Of S35.6S4.OOO, were organized
in New Mexico, and % foreign corpo-
ratiOns, having a total capitalization
Of S11,3O5,O00, were authorized TO do
business in the territory The cOnsti-
tuition for proposed state of New Mex
leo provides for corporation COM
mission, composedF Of three members,
TO be elected at each general election.
The state corporation commission will
have charge of the organization Of all
domestic corporations viii issue IL
censes to all foreign corporations, and
exercise supervisory powers over rail-
roads, telegraph companies. and other
public service corporations
Growth Of Education.
The remarkable rate of progress in
education of the preceding six years
was maintained during the past year,
School terms were longer, teachers
= = ri n1 ia a d.
ance fully equal to that of the year
just preceding. One Of the most evil
dent marks of advancement is the in
crease in number Of school houses
erected in accordance with the plans
and specifications of the territorial
department Of education. The Increase
in number of high schools is also to be
noted, there being now 81 times as
many as in 1907.
The census Of August, 1910, showed
99,30S persons Of school age, an in
crease of 42Ol over the previous year.
the school age being to p years
The school enrolment in June, 1911
was approximately $4,000. an increase
of about 1000 over the preceding year.
There were between 5000 and 5000 pu-
pills enrolled in private and sectar1an
schools and over 1000 in Indian
More than 1900 teachers were. en-
plOyed in about 1900 elementary
schools and 80 high schools. During
tue past SUMMER LOou teachers W E4u
enrolled in the various Institutes and
summer schools of the territory, about
$50 attending eight weeks.
University of New Mexico.
The University of New Mexico at
Albuquerque was founded February
2S, 1889. Fifteen courses are offered
in the school of education and eight
in the commercial school The library
contains 5000 bound volumes. There
are seven buildings on the university I
campus. During the year 1901, 81 I
students We're enrolled in the univer-
sity proper, 81 in the preparatory de- I
partment and 80 in the, summer school /
Agriculture and Mechanic Arts.
This institution was founded Febru- |
airy Is, 1889. There are now eight 4
buildings, besides those used for farm {
purposes, greenhouses, etc. The IL |
brary consists of 13,4T3 bound volumes /
and 1854 pamphlets. Four-year col [
Iege courses in length are offered in I
the departments Of agriculture, engi- (
neering, household economies, com
merce and general science, which re-
quire four years of preparatory work /
for entrance. In the preparatory de-
partment industrial courses of high !
school grade are given in agriculture, !
mechanics, business and domestic sci
ence. The faculty consists of 81 pro-
fessors, instructors and officers Dur I
ing the year 1901 249 students were
enrolled
school Of Mines, SOcOrrO.
This Institution was opened for in
struction in the autumn of 1895. Four
year college courses are given in min {
ing, metallurgical, mechanical and +
civil engineering. Three good build
.ngs are now in use. The faculty num-
bers eight members Progress in the 4
growth Of the institution is shown in
the increase of students over three
years ago of about so percent
Normal school, Silver City.
This Institution was founded in 1898
and has gradually assumed a position
Of great Importance in the training OF
teachers for the public schools of New
Mexico. There are now 10 members Of
the faculty. For the year 1901 357
students were enrolled. During the
past summer an eight weeks summer
session was carried on and attended I
by over 200 teachers.
Normal University, Las Vegas
The Normal university was opened
for instruction October 5, 1898 The
courses given in the institution are
formal and academic manual training.
household science and art and music 7
under a faculty Of is members The
library numbers 1000 bound volumes !
During the year 1901 357 students
we're enrolled, OF which 60 were in the
summer school in 1910. The institu-
ion now has two large buildings.
During the summer Just past an eight
weeks normal course was attended bv
so teachers.
New Mexico Military Institute
The New Mexico Military institute
vas opened to students September,