The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-01-29
fsnrclnl 10 The McrnIdl

A
t,,,,ia, famous mining engineer
shnSc ,nnraisst of New MeSicc
,,i,inv nranerties for the state tas
',,,,,,,,is.io,, ,,,.s mad. uubiic by the
,'i, '.o,,,,,'i..;on ,nJav finds The value of
~ ,,,t,as ~ the state to be M.
,,ro,i, i,rstelv tee ao0 900 or mi.
yaInc EtniaN finds 40 900 600 In the
coai mines nnd s1g zoo 600 in the
metal mines
In sunnnrt of hia conclusIons Finlay
h.s nrcss,,ed tn Tho tax commission
renor, coverinR sume i2O pngos OF
mannscrtpt in which are condensed
thc f,ndinrs and statistical informa
lion aathered bv tho cxpert'apd his
as.ls,s,,,. ia ,bc ,.o,r.e l.,f an in.
yestiratic,. covering perlod of
aho,,, so,,.r ,,on,hs In. which o..,.,,
,,t,,t,,,, ,,,.,,,,.,,,, in ,l,a' s,,t. ia 1c,.r
oxs,nined
The entire rrport IL 10 n. s,ublished
at oncc IN hook form by the state
tax romnission
Tho first section Of the report. con
,,t,,,, Nr ,stni.y,s s,ndin,,s s,ito,y.
IN % Smi, W. "' '
si,,c IA, ror,,,ts-ion At,s.rs I T.
Sai,t n AgttiI,r "a A. I-lrick
Gentlomen
h.,d ,,ou ho,o,,t,t, ma. ,,nor, an
tho nnuraisa1 of mining urnp.rtv IN
IN, stat, gonsisttns, "a,
A i,troa,,r,ton y,itb -,rcr,i rc-
n,rLs an tbc n,tntp., industrv
2 A discuasion 81 coal resourc.-
4 Apnralsal Of coal mines
Annrais,is of metal p,ines
A briof p.ologic.1 hIstorv and
desrrintion ~ Ncw Nexi,o ro,l
fields nv Nr l. = Niorrisop
d. A digos, ~ f,forr,attop an tho
oro denosi,s hv ur Nforriso,
A study OF coal dey.lopm.nts
COSTS and mining condi,ions in
,he cool st.tts ,yt,h ,,o,,o,.ti,
mans Of tho Rntcn uosa AMI
Gaiiun rcyions NJ, cant ~
Matsou
4 Statistic az produc,ion hv AR
rs Muir
There ie vou will oha.rve so,ne
nttempt to Riye enough informattn,,.
condensed a. nucb a. nossilie ~ er.
able an intcresf.d render 10 ob,.ip
with the helm 81 an ordfnsr,, u,nn ~
the state a fair ideu OF its miner, Al
resources.
have received tbs foiioyvlur letter
from your chairman.
MIR. J. A.. Finlnv
State Mine Apuraiser
"Santn Ec New Ne,ir,
My Dear Mir Finiav.
"tnder the laws of 1921 re.
uuiring the state Tax commits
sion 10 apuraise tho uip.s ~ ,bo
state for taxation purposcs. the
primary object was To arrive al
more accurate ysiue of the
producing mines Of Inc state. IN
possible. than the output taN law
OF 1915 under which the state has
boon operating
TO this Won have day,t,d yotr
time and attcntIop until Won ar,
now npproachlnp th. ronciu.ioo
81 your work
= under-tanJ from remarks IN
course of conversation tbat vou
b-lIovc ON economic grounds fbpt
undcvclnped coal lands in the
state Of New Nexiro have utfte
or no present value 1 under
stand further that Won feel mas
your discussion should bo uureiy
economic. leaving the aiostion of
taxation TO othors
'Nevertheiess a, a. evidcp, ,hat
Il will be necessary for ,bc tnN
commisriop 10 assess Mi nrnportv
IN the stat, M some ynl,e
whether il IL proditctive or NOT
Tho state keeps ihc ownrrs n,
undoyclonoa natcn,.d rni,tns
propertv in nosscssinr .,d ~ a,
owner wisbes 10 hold his ti,ie be
should nav somethinp for IN.
privilege
"co,ild n,t van ,h.r.,a,e
make some suggestions a. TO
value that might he nut on coal
then as well a. other undevelop-
ed mineral claims. putting a
nominal value on those thai are
entirely undeveloped and unnros-
pected. a higher value ON those
that are prnanected or nnrtlaIlv
developed. and are lkelv IN no
worked within n rcasonnhi. I'm.
and n nosltiv. y,l,,o men ,ho
lands artunIl,, hein. ,,nrLaa
"'rhe ,aN conn,issio,' ssat. 81,
a bnriyont.i vai,,o ~, 49,. -.
durinr coal iands ~ ,sait
metal rn5ncs ~ no, ,.o,,s,.
nc,hat ~, ,.at,,.,.'.. f,,
h, -. ,',.,.a'''", ~ ""' ~, a,'Sulu ~
~ ,hs.r nsa,,t,',,,,. ',sa.,,vu ,i..,,.l es
,ine, Il, ~ ',', w lnp''''. ,,ls
,aIfr,- 49," ,' s.V''sr. -o"e
',,,,.,s.,,' .s ..e "..eN'' 'ho s'a'e "'
'.rsl '''.''', '''s.,', ~
d,scnss,n, ~ ,e,'. mou.u ,Ne