The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-05-16
BUSINESS LOOKS
UP N NEW MEXICO,
REPORT DECLARES
Federal Reserve Bank
Gives Conditions in
Various Cities

The lunlnaan rnudltion renort
-- a..
from new MeNtco' isHucn ~ '"e
I'll Pnso branch Of h federal re-
serve bank, follows.
Albuquerque2There 4 more
building being done In Albuquer-
que now than Mt any time during
the past ten years. a numhe OF
wool buyers and some or the
growers have contracted their cup
at the price OF 70 cents. Inquiries
Tor cattle are being received ana
sales at fnir prices have been
made within the past 10 days
May and June deliveries. There
~ a feeling OF optimism prevalent.
carlsbad-There have been an
abundnn nee 81 rains DURING the
past 10 days and this territory
should have plenty OF grass IN a
short time.
CarriEozo-Recent rains, though
light, have increased h general
good feeling OF the stocK and
sheep men IN THIS section. Iher"
have been demands o yeariine-
n calves. wool and mohair that
could not be filled here. The
prices are betterinK along with
the coming Of h. selling season.
Dexter--An crops have done
well, with h exception OF the
wheat crop. There have been
green bugs In the wheat fields
IT, some places the crops hase been
small damage has been done. At
present, u Il evident that the
wheat crop will be short. The fruit
crops are doing well and u
reasonable to suppose that there
Hn be no moro cool weather 10
optnge by frost There have been
kud rains recently. There have
"a several new barns built
wnth would Indicate that there
VIII ee some hay storage durlns
,he S'ning aestson, About i,aOv
car "a hay ss>raised a year In
this eounupity. Cotton Isl being
piantei ~ trial this year. and
WIN the aims and grass condi-
abie 70 bclieva they viii be taken
care of. The 1raihagc system In
operation IL helping to redeem
land which heretofore has been
unnroducuve. rhis will add Ia
the value OF farms
Fort sumner-buring n week
previous To May about twii
inches Of rain fol-. which assures
} plesty Of early guess Tor this scc-
ton. Rome wod l. being con
fracted az from ~ 20 Is cents per
psund Most Of the lambs have
already been contracted AZ 81
20 Q cents per pound for October
Novembar delivery. There IL
no hiilding.
Hhterman There has been
nbout3 inches OF rain recently
inSurins an eNcrllnnt season. By
protectVn through smudging the
run crp n In excellent condition
frospech are for one Of the best
years IN pc history OF this section
Hot s,rings-There Is some
building sling on In the town and
six miles q federal aid road con.
struction nut OF Hot Springs
which Wiz turn loose approx
Hately sdoA00 In the neNt foui
months TIE cattle industry Il
IN bad hap on account Of th'
continued drngth. There has beer
no sale for steers this spring, and
from present indications thers
VIII not be ay sales until sop
temhef. n uere will be soms
heavy losses.
boNtnEton-Ths stock raisinf
INDUSTRY shows marked i'm.
provement, both n the condition
OF the stock and he advances ~
prices A heavy acreage o. .ottoI
VIII be planted ana the prospect
for the coming yer are YER,
bright.
silver City-The copper mining a
santa Rita has resumed and ihel
are now operating for shovel
n they are working about three
ore trains out Ia Hurlet Rotl
% these eampa are employing a.
the present time practically so
men and am advised thai thel
eSpect 10 be back 90 a 30 per ON