Deming graphic. (Deming, N.M.) 1903-1948, 1917-02-09
nearly 5000. oOu Il promises to

nearly SS,000,00O II promises to
hem uch larger this year. In 1918,
20 barrel oil well was encountered
al Dayton. in Eddy county. Faulty
easing caused it, loss after il had
been pumped for Il considerable pc
Rod. Recently the state land com
missioner, Robert T. Er,ien, under
authority Of ian act of the lcgisla-
hirc. made lease with an eastern
corporation for 100000 acres of
state land. for oil development. The
corporation j. under contract to drill
- wells to IN average depth of 1000
feet within two years, To pay the
state royalty on production, of
whatever oil or mineral it may dis
cover and To lease at the states
price for grazing land all unproduc-
tive land not released at the end of
two years. Two drills are now at
work, one near Lamy. in Santa Fe
county, and the other near Roswell.
II there l. oil in New Mexico geolo-
gisl~ say these explorations will dis
cover it.
The greatest developed mineral re-
resources of New Mexico, however,
are in the southern and southwestern
mountain rauveS. IN Grant, Luna and
Dona Ana counties. Chino Copper
ha, become II name to charm with in
the copper world. The great Grant
county mine AT Santa Rita produced
S3.000.0 pound, of copper in 1916,
and j. headed for the l00,000,000
mark for 1917. Conservative mining
men assert il j. but one of a number
of such great copper deposits in New
Mexico and the present year is like
~ to tell wonder story of mining
development in the state.
II one Chino Copper mine will
make two thirds of the increase in
the states metal production, from
so GOA, 900 To S33, 5000. 900 in sin
gle year, six or seven Snch mines
may he expected To put New Mexico
into the first rank among mining
states. Copper deposits are being
explored in five New Mexico coun-
ties now and plans are forming in
each ease for development on Il scale
which can only mean that the ore is
there
Thirly-,iN million pounds of zine
i, production not to be ignored at
present day zine prices, and that l.
what New Mexico produced in 1916.
Several important zine deposit, are
being developed and mined IN Luna,
Socorru and Santa Fe counties.
HALF million dollars Is going into
Development work IN single goli
field in Santa Fc county, long since
given over a. hopeless, Important
operations are under way on the Red
river in Taos county and iii south
western ColfaX with gold rs the OBJ
iecl. What New Mcxico's metal pro-
duction will be in 1918 i largely con-
lecture. 1t will be interesting to
watch the development and If invest
ment j. made with care it may easily
become profitable.
There is trout stream IN every
New Mexico mountain range, and q
pasSablc automobile road TO every
fishing ground. There are summer
homes and camps to be had almost
for the asking that a millionaire
might envy. These are not the least
of the states varied resources and,
like the others. they are being devel-
oped and used with pleasure and
profit tc rapidly increasing numbers.
\ mere catalogue of resources and
production l. never more than a re
cital of facts. 1t is personal nves-
tgalion that interests and convlnces.
New Mexico presents opportunity ON
every hand, and right now it Is all
open 20 those who would get IN on
the ground floor"