Albuquerque morning journal., 1922-12-31

on East Central avenue by G. NJ.
Barber. No accurate estimates OF
the number of houses erected in
that vicinity or their value could
be obtained, but a conservative
guess places the total at $780,
600.
The Orchard addition and other
sections northwest of the city have
enjoyed a rapid growth. Buildings
erected there are estimated to be
of value of $150,000. About
I$50,000 worth of new homes went
up in Barelas, Old Albuquerque
and other suburbs. The total for
buildings and improvements in the
city and its surroundings is APP
proximately $2,495,39S. In addi-
ton to this the state university is
building Il dormitory at value of
$1S,000, and the city board of edu-
cation is completing a new school
house outside the city limits valued
at about $4,000. Two other new
school buildings are included in
the totals given by the city build
ing inspector.
I4lCClIlG CONNEXIONS lhIlNuots
The Albuquerque Gas and Elec-
tric company reports 700 more
connections for service in 1922
than in 1921. Nearly all of these
are for residences or for the use
| of families in apartments, show
ing that fully that number of ad-
ditional families has come into the
city. Reports of the city water
department show practically the
same number of new water taps.
The citys growth this year was
made in the face of adverse con-
ditions, and is for that reason all
the more gratifying. With normal
crop and livestock conditions and
with tranquility prevailing in the
railway labor world, Albuquerque
is expected TO make still greater
strides forward in the coming
year.
Municipal improvements have
kept pace with other developments
and many miles OF streets have
been paved during the. year. The
city now is engaged in the con-
struction of q large water reser-
yoir to, handle the increased de-
mands of water consumers, and a
modern sewage disposal plant.
Business conditions are declared
to have been good. Travelling men
and other business visitors state
that Albuquerque has enjoyed bet
ter commercial conditions than any
city in the state, and, in fact, than
any city in the west.
Reports from over the state
indicate that the year 1922 was
not as prosperous is it might
have been, the drought having
its effect upon livestock and farm
ing. Nevertheless everybody
1928 with feeling of optimism.
Reports from banks follow;
CLOVIS
(By the First National bank)
Curry county puts forth a much
better promise for the year 1923,
over prospects of 1922.
We have several thousand acres
Iof wheat that was planted early,
which we have sufficient mois-
Iture to carry far into the spring.
There are thousands of acres
planted in wheat that has not
come up, but that may be eX-
pected to come up and make
fair yield, if we are fortunate
enough to have seasons OF rain
fall any time during the months
of December and January.
The cattle industry, during the
past few years, has been pushing
farther westward, and we are for
tunate, under the existing slump.
ing cattle prices, that Curry coun-
ty is not wholly dependent upon
this source for it's revenue.
Our farmers raised sufficient
grain to pay their running expen-
ses for 1928, and feed their stock,
except in isolated cases.
1t has been demonstrated this
year that cotton is probably the
greatest money crop that can be
grown in Eastern New Mexico,
and several gins are to be erected
in Clovis, and neighboring towns.
during the spring and summer of
1928. and several parties are IN
Clovis from Eastern Texas con-
templating locating cotton oil
mill here.
Deposits in the banks of Curry
county have more than held their
own during the past twelve
months, while loans have de-
creased very materially, and ev-
eryone has realized that the de-
flation period must be met by
liquidation, and Curry county
ton within O very few months.
BERNALILLO
(By Bernalillo Mercantile Com
pany.)
The year 1922 was not as good
as it might have been in this
vicinity while business has been
good during the entire year, the
stockmen, and also the farmers
have suffered from the drouth, and
crops agricultural, as we'll as the
lamb and calf crops, were way
below normal and what mother
stock there rs On the range is in
rather poor condition. The peo-
pie of Sandoval county should
not despair, however, and look
into the year of 1928 with the
greatest of confidence as the year
of prosperity, due principally to
the fact that lumber mill is In
progress of building at Bernali-
lilo, and the railroad under con-
struction which will open up the
Jemez and Cuba countries. This
will open up two of the richest
districts of the county and will
make available for commercial
use the timber and other resour-
ces of the Jemez country and the
tremendous coal deposits of the
Cuba country.
The year 1928 should prove
banner year for the entire county,
not only because there will be
work plentiful for everybody, but
also on account of the bountifuI
rains during the past few weeks
which almost guarantee plenty OF
grass for. the early spring.
LAS CRUCES
tBy the First National Bank)
Conditions in this community