Page:Statesman's Year-Book 1921.djvu/669

 FINANCE — PRODUCTION AND INDUSTRY

617

being 22 '1 per 100,000 of the population, and of prisoners in penal institu- tions, 4,227, being 108-5 per 100,000 of the population.

Finance. — The receipts and disbursements of the General Fund in the- year ending August 31, 1919, were : —

Dollars

Balance, Sept. 1, 1918 4,035,840

Receipts, 1918-19 21,2*7,911

Total 25,323,752

Disbursements, 1918-19 20,641,335

Balance, Aug. 31, 1919 4,682,416

The bonded debt, August 31, 1919, amounted to 4,002,200 dollars. The bonds are held entirely by State educational and charitable funds. In 1919 the assessed value of real property was 2,060,602,360 dollars, and of per- sonal property was 939,898,582 dollars.

Prodnction and Industry. — Texas is one of the most important agricultural States of the Union. In 1910 it had 417,770 farms with an area of 112,435,067 acres of farmland, of which 27,360,666 acres was improved land. Total value of all farm property in 1911 was 2,218,645,164 dollars. In the arid region of Texas and New Mexico an area of 160,000 acres is to be reclaimed under the Federal Reclamation Act. There are at present 2,950,488 acres of inigable lands in Texas, of which 536,234 acres were actually irrigated in 1914. The chief crops in 1920 were (in bushels) maize, 174,200,000 ; wheat, 15,925,000 ; oats, 44,100,000; rice, 9,554,000; potatoes, 2,340,000. The yield of cotton in 1920 covered 12,576,000 acres and yielded 4,200,000 bales, valued at 277,200,000 dollars. Other products are tobacco (134,000 pounds in 1917), cane-sugar, sorghum, vegetables, and fruits (especially peaches). The State has a very great live-stock industry ; on January 1, 1921, it con- tained 1,187,000 horses, 792,000 mules, 1,184,000 milch cows, 4,547,000 other cattle, 3,069,000 sheep, and 2,427,000 swine. The wool clip in 1919 amounted to 14,986,000 pounds of wool.

Texas ranks second among the States in the production of quicksilver. Coal is also of great importance. Other mineral products are petroleum, natural gas, salt, cement, gypsum, granite, sandstone, and limestone.

In 1914 there were in the State 5,084 manufacturing establishments with an aggregate capital of 283,543,820 dollars, 16,261 proprietors, firm members, and salaried employees, and 74,853 wage-earners. The cost of material used in the year was 253,144,261 dollars, and the value of the output was 361, 279,303 dollars. Statistics of some industries (1914 census) are as follows —

Industry

Capital

Wage- earners

Cost of material

Value of output

Dollars

Dollars

Dollars

Slaughtering and meat-packing

14,405,185

3,491,000

44,457,000

52,990,000

Oil, cottonseed aiid cake

27.974.S97

4,471,000

36,177,000

41,945,000

Flour-mill and prist mill products.

17,523,988

1,300,000

29,573,000

85,110,000

Lumber and timber

86, 265,940

19,956,000

11,640,000

2S,741,000

Oars and general shop-construction

and repairs by steam railroad

companies ,

2S, 465.388

583,000

268,000

735,000

Printing and publishing (Z estab-

lishments omitted)

S. 794 ,483

4,690,000

3,997,000

15,051,26!'

Foundry and machine-shop products

11,023,590

3,036,000

4.021,000

.481

Bread and other bakery products.

4,178,559

1,949,000

4,142,000

7,503,29*

Rice, cleaning and polishing

3,395,447

345,000

6,3o6,#00

7.216,359