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000 drainage bonds. An additional distribution to creditors of the failed Taiban savings bank, of 32 per cent has been announced by C. P. Stone, receiver of the bank. Forty per cent had been distributed previously. The receiver says he hopes that depositors ultlmately may be paid in full. Government surveyors have gone to Redland, Roosevelt county. to make a survey of three townships there on which filings have been made. The New Mexico Bankers' association will meet in Roswell October 4 and 5. The Artesia News says: Although the price is low some farmers are shipping hay, as many of them have not secured stock to feed. The shipments are growing lighter every year and regardless of the price less hay will be shipped this year from the valley than last year. The Artesia station has shipped but very little. Espuela has sent out about 80 cars and Atoka about 65. Both of these switches are handled from the Artesta office of the railroad.