Deming graphic. (Deming, N.M.) 1903-1948, 1913-06-27
Capital Of More Than $350,0O0 Has
Been Subscribed by Eastern
Capitalists
TO SUPPLY FUNDS TO FARMERS
Milk Cows, Hogs and Feeders" viii
Be Purchased for Settlers
OF Tract

trust company in the near future, the
capital of $4,000 for which is now
pledged. {. f.. MicsSr of Chicago,
general manager Of the Mimbres
Valley Alfalfa Farms Company, is
promoting tit new financial institu-
tlon for the purpose of furnishing
funds for the farmers of the Mlesse
tract, east of the city. The main Of
flee of the new concern will be 10.
Gated here and II branch at the town
of Micssc
MUST PRODUCE
The activities Of the trust COM
pany will be limited to the furnishing
of capital for buying milk COWS, hogs
and feeders" to consume the prod
ucts ot the farmers which Mr.. Miessc
is bringing to the valley in ever in
creasing numbers. Funds will not be
loaned on the land itself. The COM
p pany expects to supervise the use OF
= the loans and to see To it that it is
7 not diverted to mproduc,lNc use.
= To UTILIZE EVERYTHING
The fact that the land being sold
on easy payment, Is fully developed
u after the latest -rlrnlillr principles
u obyiatcs the necessity Of the pur-
u chaser expcnding funds IN improving
' and the truo, company will provide
: the pressing need for stock to con-
sumo the product, of the soil. The
valley is surrounded by cattle ranges
lie an which the hest Hereford stock is
ID raised and there will he no lack oi
IN feeders at reasonable prices wheel
~ can be led and shipped fat to thu
. markets. Dairyiug and hog raising
j" will further utilize the field crops ant
y-products not easily disposed OF II
distant markets.
v SOLD $4,000 WORTH LAND
y" Mr. Micssr has been here for scN
w eral days with number OF buyer
e from middle western points and ha
- closed deals with them for more tina
he $40 900 worth of land. or those VIII
u" have purchased up to date twent!
wv Gv. will he on the land IN time
wv raise crop next season and SeVer'
" " are putting in small acreages IN
'e' season. Some of the buyers nav
'"' not been able to leave their farms
up the middle west, but have syndicate
NJ their interests and secured the ser
Is ices of experienced farmers lopla
their holdings under cultivation
+" common. Although every prospe
,bus far has proved buyer 1t is ce
toin that the land will be mo
y quickly disposed of this fall when
:, farmers, who are now busy WI
= their growing crops, are ao'e
y leave and inspec, the land
0 RAPID DEVELOPMENT
D The work ON the tract has be
! progressing rapidly and IN n sat
! factory way. The pumps are De
: connected with motors ana the 'r'
D TORS are increasing the area
- Moved land every day. That
q work is being done uniformly and
y eyperts in pump irrigation appe
=. strongly to those who have seen
! much misdirected effort and con
} ! ouent waste of resources. II IS
! dent that the Mimbres Valley Alf'
Farms Company will not leave
! buyers TO shift for themselves u
D thry thoroughly understand the c.
U nlicated and Difficult, science OF
U cation from wells. On the OF
U hand there will he no "parentali
tina, so often paralyScs individual
D fort and makes the problems OF
I OF newcomer ultimately more d'flieu'
- MACHINERY ARRIVES
,ood. The company has received a
Loss load Of farm implements, consis
h;,e of u,old-board plows. disc pl
,ard disc harrows, bean and milo see
n q and other implements for the pi
,Io ~. cution Of farm work. The com
~Rv will begin tomorrow seeding
40 acres of beans. \ large acreat
cone. also milo maize will be pla
and beginning the first OF July
n ~ acres will be seeded to alfalfa.
y M;n are now four irrigation wells II
eating era''oh' '"fa"o ! o"o na,,ons % wa
n for aggregate o'''o S
minute,