Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-08-24
MACNA7ES POURING
INTO NEW YORK
FROM THE SEA
TEN BILLION DOLLAR
HARVEST BEGINNING.


lfIffiHA "
NcWu york. Aug 20 Tho first in.
a%tallmeuts of tic country q creates
crop. far exceeding the corn crop IN
wealth which it represents, arc noW
arriving at this port In other words
New YOrk's fam influx Of millionnircs
returning from European vacations f.
once moro underway. ana Wall street
which has been comparatively quiet
during the last three months viii
shortly begin once more to rcsound
with The noise Of great financial trans
actions. within the next six weeks "
is estimated mon representing not less
tina ton billions Of dollars Of invest
;ncnts HHd personal fortunes VIII at-
rive here. "a sum more shan five timcs
greater than the value Of the corn
crop. ana even upproNinating Tho an
nual total value Of The farm products
Of the whole country Practically ~
cry returning millionaire so far has
stepped ashore with q cordial smile,
a condition of affairs very different
from that Of last year, ana more par
tlcnlarly the year before, Ws"n sneh
persons Of great wealth who were able
10 20 abroad for the summer returned
VITA the glummest rountcnanccs j
reason for hc chcerfulncss on the part
of the monicd men iA not for 70 seek.
N . rule they are pleased with the
tufin bin and remember with ploasur-
able comparison the situation of two
and three years * when ~ the
former case tho panic had turned eve
crythlng upside down, previous TO
which Ia the preceding year President
Roosovcit'H activities Kept thcm in a
constant state Of fear This year, how
ever. everything seems to be going
to their satisfaction with such smooth
ness TINT about the only question
troubling thom Is the extent to which
the present wave Of prosperity viii
carry them
For at least one Wcok during the
hitter part Of next month, the United
States will have q city not only great
or in population than any which has
ever existed but one which IN the total
number of It's inhabitants VIII exceed
tho combined population Of the four
largest cities on enrth II Ia now
estimated that the number Of people
In Ncw York during the hitter hulf Of
September win exceed 10000. 900 all
of whom with the exception Ok tno
regular inhabitants Win De attracted
~ me col'b'nt"h ~ inc thre' nun
dr'dth anniversary "I we u~lSooN''y
~ ~, iluls'h flf'I, ahu VIC one nun
droath Anniversary 81 me invention ~
the nISt h~tenlnpoat by ltop'lt rultoU'
MOI phlF VIII the clly nave lhe laIB"st
municipal population over known,
but %cufiously enough II VIII also hoHor
the memory OF Henry iludHoh, alN'F
whom itH famous river ls named' IN "a
%cutlously striking manner hudson
according TO historical records, " sup
posed e. have starved to dralh IN au
upcn boat IA Hudson bay Yet mo
most striking feature in connection
with the celebration hcld 90 Inc hh'ln
ury VIII be the greatest banquet ever
held VA a permanent structure AT
which 3 600 guests VIII cat IA memoir
OF th' iunu who starved The banquet
when ~ '" be h'td w 'h' ll"''l N"'.'
"n september ~, wiz he i'llalhop'o
~ many ways u WIZ marx Tue "p'H
ips of the new ballroom tue l'rR'S'
room of is kihd IN ia" COUNTRY cover
ing &iuV0 spunfr i'tt or moro 'llah
half an acre. aud three stories ~
height. Fifteen hundred couples, II
rs Estimated. viii ho abic to dance ~