The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1920-04-20

completed.
In Z deinn report covering Arizona
New Mexico and West Texas. The
bank saSweO that dcpoaiia are In
crcaanir ln member banks.
An rrops are Ia good condition and
farmers are not the least ~dcsponfsnt
over Tho seAaou. despite the nact that
heavy lronta have damaged h fruit
IN several sections.
OWlnI 10 the depressed copper mar
ket nhc mines are not operating 10
capacity and not many mcn are be-
lnr employed. Hut there ~ consider
able development and conservation
Nork being done.
The following Is a resume Of condi-
tons in New MpNicU rs reported ~
correspondent banks;
Coiumhus-Tnc most notable In
crcaao IN activity d shown IN ne re-
sumption OF operation Of y mines
In tho rrcs fiernihnaE mountains,
lhc cattle industry lids fair 20 be
very prosperous during he coming
months Military activities continue,
substantial improvements IA Camp
flurlouFh being under way.
peminE-conditions In this section
were never brighter. The ranFes are
IN first class condition and cattle are
tat. Nearly all OF the steer ycarlines
nave been disposed 81 at $40 and $50
per head. 10 be delivered during the
months OF May and June. The only
regret u that thcrc WIS o a large
calf crop last year which would en-
able the siockmcn to have murc steers
to deliver. The calf crop for 1870
10 going TO be a large one and n prices
noic up practically ali Of the cattle
men should be able 10 liquidato their
Indebtedness IN 1871. Deliveries this
spring viii not bring Ia much more
man enough TO pay up Interest and
take caro- OF running expenses IN
Cured by most OF the cattle men.
though there will be some exceptions.
Bctween ak and hundred acres
will be planted In cotton Ia the MINI
DreH valley. a very small quanfity Of
farmers holding for ~ u per
pound. but there ~ 40 demand. Bust
ness ii good In mercantile lines.
silver Ciry-Tho winter was cx-
ccedlnE1y mkda there having been
practically no losses and n ieavy cali
crop IL expected. There have been
no recent contracts made FOR , sale
OF cattle. hui q Ia expected that con
tracis viii be made early next month
for delivery In June. The copper
mines az santa Rita n Hurley are
rather quiet. working only about a
30 per cent basis. owing TO the low
price OF copper and practically no
demand. The Phelps-Dodge corpora
tich Is developing It's property az ny
rome and has recently opened UP a
number % ore bodies. IL Is expected
Kat their new mill will be ready for
operation within the next 80 days,
Inc Back Hawk Mining company,
near Haynrd station. IL doing conald
cradle development work and h ship
ping lead ore. The Empire Zinc com
pany. at Hanover. IL putting or an
force Of men for the pur-
pose Of operating its zinc properties.
That company - also remoaeiing rs
iniii 10 Increase the capacity 100 per
sent and building about 80 cottages
ln which 70 houae employees. Han
IL quite active and n merchants
report busineha 20 ue increasing. The
United Suatts smelling a. Refining
company Is shipping from eight 10 ten
carloads ~ ore daily and working
Increased later 0n~ business con
tinues 10 be- fairly good In Silver city
but there are no building operations
gDIlE uH In the district outside OF
me town OF Hanover. The farmers
are nov doing their piowing n
geuing READY 10 pl.nt their crops.
Reserve tanEe conditions are bet
Ger than Tor the past five years and
cattle are ia splendid shape, due 70
the open winter. A large acreage OF
wheat and corn will be planted in the
valley ana the alfalfa Will give four
cuttings, Two new school buildings
Will be completed by this fall. Forty
thousand dollars are being expended
on a road from Reserve 10 Luna, a
% 10 miles over the noun
tainH. and other road projects Will
be started this spring. Conditions In
general look very bright, promising
70 be the best ever yet had In this
spctlon.
Hiisboro-Condiuons are better
than la the past eight years. There
has been ample rain which assures
good spring feed 10 carry the stock
through the winter IN good shape.
The mining Industries are spending "a
great deal OF money n developing
gold anu silver mines which were Ia
operation several ear ago. The out
iOok BE- very bright
Albuquerquc-Thc stock men have
had plenty Of moisture and the ranges
are In splendid shape. A good calf
and lamb cru is expected. Most Of
the peach and apricot blossoms were
Killed by the recent hcavy freeze, but
Otherwise the season was not Tar
enough advanced FOR the storm to do
mucn damage. Merchants are very
cautious and building, except Tor the
"NNLN L.N NLMHANL NI - - 80
owing 90 tir high costs.
Decentralization are ahat The
spring Will ho a little dry, but the
recent light SHOWS have hclpdo con-
siderably 90 retain the deep moisture,
which iuaurgs early grass. quite Il
Euod Gei Of the ranges is being TAX
en- by settlers. some of whom are
making preparations for farming, hut
the old ~settlerH have little hope FOR
success, Ia Wow 0f the altitude and
aridity.
torona-Thc winter VIA exception
ally mild and cattle and sheep camc
through in fine condition. A bumper
calf Inc lamb crop Is expected. There
has been no tradlng Ia sheep this
spring and very little In cOws. but
there has been a steady demand for
steers at $40 per mead FOR yoariings.
should the calf and lamb crop come
Up 90 expectations and the prices re-
main az the present level the stock
men viii practically all DE in very
satisfactory financial condition with
IN the next ~ month";.
Nara Visa Cattle are In good Cuu-
dition and the loss was very sual the
past winter Nut much food had tD
be bought. a. there was lots % rain
last year, There b. little building go
ing On at present Gencral business Is
expected TO be better within the next
90 days Seycra oil wells are being
drilled lu this vicinity.