14 



BULLETIN 211, LT. s. DEPARTMENT OF AGRICULTURE. 



Table II. — Percentage of the total assessed valuation in New Mexico contributed by each 



different kind of property. 



[Data taken from Territorial and State auditors' reports.] 



Classes of property. 



1909 



1910 



1911 



1912 



Per cent. 



Per cent. 



Per cent. 



Per cent. 



24.218 



25. 056 



24. 307 



26. 460 



17.621 



18.512 



18. 142 



15.929 



12.220 



13.444 



13.976 



14.929 



13.383 



13. 082 



14.595 



14.238 



7.042 



5.917 



5.392 



5.809 



4.683 



4,637 



4.438 



3.733 



4.427 



4.127 



3.847 



3.079 



4.043 



3.645 



3.729 



3.448 



3.532 



3.460 



3.370 



3.123 



3.434 



3.404 



3.844 



5.090 



. 3.022 



2.849 



2.622 



2.632 



2.375 



1.867 



1.738 



1.919 



1913 



Railroads 



City property and improvements 



Agricultural lands and improvements 



Grazing lands and improvements 



Cattle (all kinds) 



Merchandise 



Sheep and goats (all kinds) 



Stocks, bonds, money, public utilities, mills, etc 



Household goods, musical instruments, watches, 

 clocks, sewing machines, vehicles of all kinds, 

 saddles, harness, farming implements, etc 



Mineral and timber lands, with all improvements 

 and products 



Horses, mules, and burros 



All other property 



Per cent. 

 32.826 

 13.942 

 14.275 

 11. 009 

 7.139 

 3.212 

 2.821 

 3.722 



2.115 



4.808 

 2.377 

 1.614 



Table III is a grouping of the percentages taken from Table II, 

 which shows approximately what part of the total tax valuation of 

 the property of the State is invested as capital in the business of 

 stock raising. The data available do not permit of an accurate 

 distribution of land area and improvements, stock, and other property 

 so as to show the exact relation of stock raising to agriculture and 

 other forms of industry, but the estimates offered in Table III do 

 show the percentage values of grazing land, improvements, and 

 stock upon the ranges. If the proper percentage of the valuation 

 of vehicles, saddles, harness, farm implements, and household 

 property belonging to and being used in the stock-raising industry 

 be added to the totals given in this table, it will be seen that the 

 business utilizes about one-fourth of the taxable property in the 

 State, to say nothing of the value obtained from the use of public 

 lands. 



Table III. — Approximation of the percentage of the assessed valuation of the property of 

 Nevj Mexico that is invested as capital in the stock-raising industry. 



Property. 



1909 



1910 



1911 



1912 



1913 





Per cent. 

 13.383 

 6.690 

 4. 427 

 1.511 



Percent. 

 13. 082 

 5.621 

 4.127 

 1.424 



Per cent. 

 14. 595 

 5.122 

 3.847 

 1.311 



Per cent 

 14. 238 

 5.519 

 3.079 

 1.316 



Per cent. 

 11.009 





6.782 





2.821 





1.188 







Total 



26.011 



24. 054 



24. 875 



24. 152 



21.800 







Judged as an industry by the capital invested in the business, stock 

 raising stands second in importance to the railroads only, and it has 

 reached this status but recently, partly by a marked increase in the 

 valuation of the railroad property for taxation by the assessor. It is 

 directly comparable on the same basis to farming as an industry, 

 which it surpasses slightly. It very noticeably exceeds in taxable 



