El Paso herald. (El Paso, Tex.) 1901-1931, 1913-01-25

I'll PASO. TEXAS. is the most i'm
n portant city south of Denver, be-
- tween san Antonio, Texas. and
Los Angeles, Cal, a distance Of 1900
miles east and west The area within
which Ell PasO is, and always viii De-
dominant, is as large as the Wnole
United States east Of the Mississippi
river. FL Paso is the natural metropo-
lis Of the northern states Of Mexico
as well as of west Texas, New Mexico
Within 600 miles Of FL Paso in any
direction there IS no other city SO
large or so Important commercially as
FL PaSO, and, owing 10 the uAluLa
conditions contr cling southwestern &c
velopment, there never viii be. WltE5n
that immense circle of over LOUv,OOO
square miles area, any other city 10
compete with E. PasO for the primary.
FL Paso is the only large city along
1000 miles of Mexican border. FL Paso,
on four anscOutinental railway SyS-
tens is the natural hallway point
in the southwest for transcontlnental
traffic and Mexican traffic Eight ran
roads center at FL Paso, and FL Paso
is the natural concentrating ana as
tributing point for all passenger travel
in the southwest, as well as 1oT al
trade and industrial traffic.
Natural Meeting Point
FL Paso is the natural meeting point
for persons interested in mining. trade,
transportation, livestock, agriculture
manufacturing, national and state gov
southwestern United States or IN the
northern half of Mexico; FL PasO IS
the seat of federal and state courts,
National and international commissions
and bureaus FL PasO is great center
OF the tourist movement Offering the
unique attraction OF constant comnunl-
cation with Mexico across four inter
national bridges, ana also oesIaDIe
stopping place to break long trans
continental journeys
The city has many excellent and
al al = n
one that cost over SS50,000, and which
is the finest hotel south OF Denver be-
tween Dallas and Los Angeles
The railroads recognize the speclaI
value of the city's situation by grant
ing ten-day stOpOVerS on all through
tickets. including Pullman tickets ms
city is one of the few cities IN me
United States so favored The OnlLeQ
States government recognizes the STRAIT
egic value Of this central point by sta
tionins from 1000 to 5000 troops IN the
city. The permanent garrison OF Fort
Bliss is a full regiment of cavalry. but
for several years this garrison mas Deen
largely augmented
The City's Population
FL Paso has a population approximat-
ing $4,000 l(U.- S census Of June, 1S1Oi
1929; smelter settlement and suDHrps
adjoining city limits not then enumer-
ated, 1900, increase IN : p years eSu-
mated 5O00)- Z. S census Of 1ggU,
Is, sos; rate Of increase in last decade
$50 percent
Of about so percent market Va1ue-
Assessed valuation in 1900, S6,80O,000;'
assessed valuation in 1906, Sl5,oUU,UUUs ,.
assessed valuation in 1872, S54OOO.UOO,
FL PaSo's banking power combined
bank resources) is 100000 GEO., with
capital (nine banks) of S2,I5O,OUO, De-
sides a $1,000, 600 mortgage company
The ratio of cash reserves to deposits
AVERAGES 40 to 45 percent, ratio OF loans
to deposits slightly above % percent
Ell Paso's banks are commended by
national bank examiners as not sur
passed by those of any other city IN
the United States for their conserVa-
tive policy as to reserves and loanS,
Bank cIearings are nearly SL5O0,guO
per week, exceeded by put rev cues
of FL PasO's size.
Postoffice receipts have quadrupled
in 10 years.
Fire loss averages sos per alarm;
average fire loss in last two years has
averaged but SO, 900 per year, less than
I percent OF value of property actually
involved. FL PasO has full paid. thor
O11ghlv equipped fire department, ana
automobiles have largely superseded
horse drawn apparatus FL PasO has
fhe lowest fire insurance key rate.
in Texas, owing to almost universal
brick and concrete construction and
splendid fire prevention and protection
n Paso is essentially a city Of homes.
Or II 600 domiciles there are probably
not 50 wooden houses New bulldlng
investment exceeds S3.O0OOOO per year
All new business buildings are rem
forced concrete, brick, steel and Ille.
Ell Paso has hundreds Of homes costing
above $4,000 each, and about 40 homes
worth ST. 600 to $50 600 each.
Nine Square Miles
Present city limits enclose nine
square miles. OF 100 miles of graded
streets, about 40 miles are paved, chief
" with asphalt; cost of paving about
81 SOC. 600. Municipal water plant has
service capacity of 5000 600 gallons
daily. with complete duplicate power
e0uipment, in separate and independent
units FL PasO has a larger proportion
OF its domiciles connected with public