New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1917-01-05

to time but without producing any
flowing wells thus far.
Livestock Industry.
Stockman have done we'll during
the year. The good prices received
for cattle, sheep horses, wool and
products of the range, has meant
great prosperity to them. Growing
conditions were favorable to them
The winter losses were light and
range conditions were good both as
to grass and water. The national
forest service has done much to make
the livestock industry much more
certsin in its profits by protecting
the range within the forests, by
studying range conditions and par
ceiling out the range so that it is
not overgrazed Conditions have
also improved because OF the in
uence of homesteaders, although
at first the livestock interests look
ed upon this as a calamity The
result has been that stockmen have
purchased home ranches and have
added to their land hold ngs either
by purchase or lease SO as to secure
an exc usive range. This has meant
protection of watering places, OF
grass, it has meant more credit at
the banks and manent improve
ments, marking a transition from a
gamble to scientific stock rails ng.
The actual value Of all livestock is
near the hundred million dollar
mark. equal to the valuat:on placed
on all of the railroads in the State.
Viii o the assessment rolls show only
$54S 600 600 worth OF tangible pro-
perty in New Mexico, the real value
IS not far from the B llon Dollar
mark and the money king who would
come into the State TO buy its mines,
perty its range its forests its Eve
stock would have to possess for
more than a billion dollars with
which to do it.
Manufacturing Indutries.
New Mexico is not yet manufac-
turing state, although the products
of its mills and shops this year for
the first time, passed the SlOUO,OO0
mark However it offers many ad-
vantages to the manufacturer that
enterprising capitalists will not over
look for many more years. The pro-
ducts OF mines, range and farms Of
fer the raw material for steel, beet
sugar. and wooden mills, shoe and
glass factories, and other plants. A
project to develop 10000 horsepower
n the White Rock Canyon Of the
White Rock Canyon has reached the
point Of consummat on and is but
an example of the water power that
may be harnesscd, there being avail
able for that purpose some half mil
lion horsepower. The Misella valley
will get a million dollar beet sugar
mill in 1917. The abundance and
cheapncss of coal and lumber the
existence of immense beds Of clay,
lime. gypsum and other minerals,
the proximity Of the markets OF
Mexico and the location of New
Mexico midway between the ports of
the Gulf OF Nj xio~ and those OF
California, are obvious advantages
for the manufacturer. The lack of
steady emnIoyment for thousan Is of
zen and women. also offers -.
luton to a problem that is harassihs
the manufacturers in big c;ti,. Tie
undeveloped state OF manufacturing
industries, has prevented any New
Mexico city from becoming great
center OF population so that only one
city in the State has reached the
25,000 population mark but has hard
ly passed it, while only two other
towns are somewhere near the lOOOO
mark. In fact, the urban population
of the State is negligible quantity,
as far as numbers is concerned, thus
indicating Possibilities of municipal
expansion and as attendant increase
of real estate values.
Education, Wealth and Roads
New Mexico during the past year
spent more than 100000 on "du-
cation. A minimum term OF seven
months for each school, no matter
how small, remote or poor, was at
tared and many of the counties
are introducing for next year mi
ninlum nine months term. The ef-
fic;crcy of teachers has been great
~ increased by insisting upon better
preparation for teaching, more rigid
examinations for teachers certifl-
cafes and eliminating the poorly
prepared teacher. Compulsory at
tendance is being enforced in every
cornty. and institutes for teachers
are held in every county from two
TO ten weeks each summer. The high
er institutions of learning report m
creased attendance and more sa-
tisfse :ory re,enues, So that the total
arrral irctne of the state institu-
tior> !, rearing the million dollar
mark. A considerable portion of
this comes from the munif;cient land
grant that Congress made in the
Ferguson Act of territorial days
and the Enabling Act admitting New
Mexico to statehood. The income
from state lands this year was $780,
OO0 and next year will probably pass
the 100000 mark.
The banks of the State, in their
latest statement show total resour-
ces exceeding $40,OO0OOO. The build
iny and loan associations have re-
sources exceeding Sl,500000. There
is steady increase in the home
capital available for investment.
This year was inaugurated the
first really comprehensive plan OF
road building by the State. A bond
issue of half million dollars was
made available for that purpose by
the State To this were added the
income from regular road levies
county bond issues, expenditures by
. t'i- Fe.lcral government through the
Forest Service, income from federal
land transactions and income from
r state lands. so that altogether no,
far from million dollars is being ex'
peudcd in money and labor on I'M