Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-12-03
ALBUQUERQUE. NEW MEXICO.
Aside From Two Bank Fnilnres, th'
Town Is All Right,

low II - ~ AAAhhhf
Albuuucrquc, the chief city Of the ter
ritory Of New Mexico, with population
approximatine 10000, Is situated On tho
,.,st bink of the Rio Grandc, in the very
hoaft of rho fertile valley Of mat great
river, and at an altitude at MI lrNl
above The sea level. To the north OF lhe
city for distance Of about i9fy MUS
and 10 the south about four unrs mat
distance. with an average width VI about
SIX miles, the rich lands OF the Fallef IN
wife the huebanlnAn, and yield fcilef
r,.turus 10 intelligent cultivation man
perhaps any other portion vi our country
The wheat d the Rio Grlnde vnury Wls
awarded the first premium over lnc
world IN competition sc fhe Norlh
fair. while the oats Of the same region
were awarded second premium anu eh-
felled the oats VI every other country cA-
cent Russia These valley lands may he
bought In tracts of from five ~ luu Ncn~'
at prices ranging from SO 20 Sl,p per
acre, and will yield, ~ Is c1nhdently as
serted by experienced ngrirullnrists, IRON
five 10 ten times as much per acre Us the
average land of the older ftates' ihou-
| tsinds Of acres Of government lana not
now under irrimfing bitches, but winch
| will undoubtedly be brought under such
| bitches by private enterprise whenever q
sufficient numher Of sutliTs promise
! lrNullliUf lflufAlh NlFll WV NfFaa'"f
| vested, are yet TO be- Ind by ectllers, I'M
der the homestead aud other pnblic Hand
laws Of the United States, while similar
lands IN almost any quantity desired are
20 be obtained FROM owners d patenteo
| land grants at from 81 % $40 per acre
according 10 lofntiOn Albuquerque y
destined 90 become the center Of an afri
cultural empire and the natural disinb
irting point for larger trrrtory thar
any other town or city hctween the mis-
RDnri river and the Pacific cmst. y u
10 the Albuquerque Of The PRESENT. now
ever, that attention y invited
The rec,snt panic found our ciy VIII
nbont two hundred buildings IN course o
construction, and about fifteen hun9n'
mechanics on the pay-r0lis Of the varoll
railroad and industrial efrerpris'H u
which our people are engaged, Win igi
banks having an aggregate 81 over ~
100000 Of deposits, subject 70 CHECK. an'
savings and time deposits ~ more tina
100000 IA addition. ON tbe morning .
J .Iuly 9 last two 81 our banks, the Al
budnerquc National and the New Me.ic
Savings Bank and Trust c0iuimny, taile
10 open their doors for business, hm ia
Suspensions caused no serious alarm =
our people. The two rsnaninr bank,
ono Il national, ille other a private bnnl
suffered no serious depletion Of deposit
on account Of the suspensions hnt troi
I chat time 10 the prelcnt have continue
, 10 furnish. az fai az ppssible. bnnkin
I facilities for our merclaDisi OF c9nrs'
tie supply 81 currency las Dcan mad
: anate and discounts and lctns have bee
! restricted 70 the relief Of The most pros
. ing needs OF customers ouly, N0iHit
! sfnndine the depression. none q our ~
I | tnrpriaes employing labor closed down q
/ tirely, although there WIS general ,
I duction Of force aud II hour 81 lnbo
4 We have not Had q singh mcrraniiie IA
: ure. and full forces aud fnll time ilal
= been resumed "a our w0rashop., whi
B our suspended banks are p7oerehinf n
idly 20 accomplish satisfactory iqnid
q tion, which will undoubtedly pay in &
q the demands Of al deD0siior within
: .shurf dime, and the buildings under 60
I. siruciiOn afc progressing 70 eompicilo
i For the past year The wholesale and 70
4 bling trade OF AibuqucrGne be hrDk
j bulk and distribniel about 100 cg-s
g merchandise per month, while toonf J.
!, cars per month are handled WHO
4. breaking bnik. making annually abo
I. 200 ears thus Distributed 49,.
i We have. within fifty miles Of An
! querque. ~ l.ps Cerriliof GA ihp santa
q road. an Abundant supply Of both ~
o and soft coal. while tue mines AZ 1nili
= 100 guiics ausv on the Atlantic aud Pas
: H. .c0npeie with the Cerfiiloe mines 70 =
uish our nlfi coal supply. We ship
. nuiiily s.OOOOOO pounds ol Nooi. neA