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Roswell Daily Record in Roswell, New Mexico

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Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Oct 01, 1940

Page

9

Roxswell Fair Time In Eastern New Mexico

Community celebration at the Eastern New Mexico State Fair invites all ages to four days of exhibits parades and entertainment. Riders, shoppers, and visitors dress in carnival fashion with cowboy attire as the region enjoys the festive atmosphere amid wartime tensions. The piece also reports audit figures for the Insane Asylum at Las Vegas covering 1938 and 1939, with daily populations and per capita costs.

Claude Simpson Insane Asylum Las Vegas

Recreational Area at Conchas Dam Outlined

Regional Park Service official M R Tillotson described plans for a large development at Conchas Dam in San Miguel County. The program would include overnight cabins bathhouses beaches docks picnic units camping and roads with CCP state cooperation pending legislative approval.

Conchas Dam San Miguel County National Parkervice Civilianservation Corps State of New Mexico M. R. Tillotson Theational Park Service Park Service State Park Commission

State Receives 13 Million in Six Months Time

New Mexico received an estimated 17,966,136 in Federal loans and expenditures from July 1, 1939, through December 31, 1929, per the Office of Government Reports. Loans repayable totaled 2,936,009 while expenditures reached 15,030,127 in grants and non repayable disbursements for public works and conservation. FHA insured 1,148,035 for housing notes and mortgages. Agricultural loans were 2,539,230 with 396,779 from the Federal Loan Agency.

New Mexico Office of Government Reports Federal Housing Administration

Cotton Crop Is Money Crop For The Valley

Cotton dominates farm income in Chaves County with average lint yield of 510 pounds per acre and returns of 53 dollars per acre last year. Alfalfa and livestock feeding support the valley economy, with lambs, cattle and sheep marketed from Roswell. Livestock returns total near three million dollars. crop returns exceed six million when combined with livestock.

Pecos Valley Chaves County Roswell Federal Department of Agriculture

Roswell Businesses Optimistic On Strong Year Ahead

The Record surveyed Roswell business men including bankers, merchants and contractors who predicted a better year ahead. Gov James F Hinkle cited strong local conditions due to a good season and stock prices. Range livestock and oil activity boosted the area with rising tourist traffic and new camps along Roswell and Carlsbad Cavern routes.

Roswell James F. Hinkle First National Bank Hinkle Chaves County Eddy Lea Carlsbad New Mexico Othe

Roswell Sees Strong 1940 Growth in Business and Population

The 1940 year is proving very favorable for Roswell and southeast New Mexico with booming oil activity, crops, weather, and prices, plus heavy tourist traffic and population gains noted in recent months. The Record highlights climate, amenities, modern conveniences, and city life drawing new residents.

Roswell New Mexico Ben Chaves County Eddy Lea

Guard Service Will Lift Big Load From States

Washington reports that in fiscal 1939 the 48 states plus District of Columbia and Hawaii paid 11.96 million dollars for guard pay and maintenance while the federal share reached 43.22 million. The guard bureau estimates the 1940 burden will be removed when units go federal, with only possible salaries for staff officers remaining.

Washington National Guard District of Columbia Hawaii National Guard Bureau

Oil Industry In New Mexico In Its Infancy

The New Mexico oil industry began in 1924 with 98 000 barrels produced. Today over three thousand wells operate mainly in Lea and Eddy counties with San Juan McKinley Chaves also producing. Yearly output rose to 37 323 000 barrels last year, reaching a peak of 38 854 000 barrels in the record year.

New Mexico Lea and Eddy San Juan McKinley Chaves Lea Eddy

Also Mentioned on This Page

Roxswell New Mexico State Hospital Dam New Federal Loan Agency Eastern Roswell, N. M
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