Box 33

Scope and Contents Documents the period during which Louis Huning suffered a reported $25,000 loss on an investment in a herd of cattle. 1893 marked the first year of a seven year drought cycle in New Mexico and it is reported that Louis Huning was unable to feed the herd on a sub-irrigated pasture along the Rio Puerco as planned. Unable to find sufficient pasture to support the herd, he made a decision to ship to market. In a price drop no doubt precipitated by the financial Panic of 1893, the herd brought less...