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
