Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-12-10
ALBUQUERQUE AND
THE TERRITORY
LOOK GOOD
Maynard GunSuI, Formerly a
Consistent Local Booster
Now Resident of Los Angeles,
Says New Mexico Has Bright
Future.

leo are just beginning to be realized
by people with capital to invest and
that the new state will develop won
derfully within the next ten years,
was declared yesterday by Maynard
Gunsul, formerly Of Albuquerque, for
the past three years a resident of Los
Angeles, where HI is vice-president
and manager of the Federal bank.
Mr.. Gunsul arrived Thursday night
from Gallup, where he mas ~xtenslv
business interest, being president OF
the Gallup Electric Light company.
He will remain in Albuquerque until
Sunday moor
New Mexico looks better to me
than ever" said Mr.. Gunsul yester-
when asked what he thought of
things and conditions in general.
when New Mexico is admitted as a
state" he continued, things viii be-
gin to happen in a bunch. Capital
lists in various parts of the country
are just waiting until the constitution
Is formally ratified and the territory
becomes art Of the Union, to invest
their money in 1ovoloping the vast
resources of the new state. 1t has
been a number of months since l
visited Albuquerque and Gallup, ana
| note numerous improvements In
both places. Albuquerque is rapidly
assuming the importance as a bust
ness center to which 1t is entitled. II
gives me much pleasure to note that
the Commercial club is becoming a
real live proposition. The good that
a live commercial organization car
do for Il growing city Is inestimable.
Mr.. Gunsul said that Albuquerque
has a great future and that il will
double it's population in ten years,
Albuquerque just can't help grow
ing" declared Mr.. Gunsul. MY esti-
mate that the city will have twice as
many people in ten years as 1t q
now is, in my opinion, quite conserv-
ative. / would make the estimate
much stronger, but fear that | would
be criticized as being too much of an
optimist.
And while Albuquerque is grow
ing continued Mr.. Gunsul, the rest
of the territory is not standing still.
| spent several days in Gallup look
ing after my Interests there and was
really surprised at The way the town
is forging ahead. The business men
OF Gallup are now working together
in harmony and for the best inter-
ests of the town. The result IS that
Gallup Is prosperous and has every
indication Of being even more so dur
IlE tflG next NENAlH tiit tfAARAA
Of the Belen cutoff has helped
things along and the Goa mines are
being worked harder at the present
time than ever, before in their MS
tory. All the mines are working tull
time and there Is a demand for more
coal than can be produced with the
present facilities. Fifty business
buildings and dwelling houses have
been erected in Gallup within litteen
months. Many people are unable 10
get houses and | noticed several ram
ilies living in tents waiting for resi-
to b. completed. The popu-
lation of Gallup Is approximately
$500 now, and | predict that 1t VIII
easily be 5000 before 1915"
According to Mr.. Gunsul, T. 70
Purdy. formerly Santa Fe agent at
Albuquerque, Is now agent for the
company at Gallup n Is proving a
official. The railroad is do
plenty of business, Mr.. Gunsul
said. and ''T. f. p" is kept on the
jump collecting freight charges.
Los Angeles is going ahead with
leaps and bounds and growing so rap
idly that a person can hardly Keep
track of things" said Mr.. Gunsul'
speaking Of the City OF Angels;
business is as good as 1t could be,
ne NOHAAAiN'Nf oHN
continue So
The Federal bank. of which Mr..
Gunsui Is vice-president and man
ager. is now occupying its own hand
some new bank building n Is DOING
n splendid business. The new build
ing Is not a ten-story affair, hut is
complete and up-to-date and has
been called by art critics, IAN archl-
tectural gem" being out of the or,
binary run OF buildings constructed
for housing financial institutions
Tho new building was built under Mr..
GunsuFs direction and is the pride of
the Officers and stockholders of the
bank.
Speaking of former Albuquerque
people now in California. Mr.. Gunsul
said that w. W. Woods, better Known
Ia his friends here as BILLY Woods,
has made good in "a wonderful way
Ina Los Angeles. Cashier of the Ciu-
zen's National bank of Los Angeles
Mr.. Woods, is q member of the clear
ing house committee, composed or
nine men. This committee, Mr.. Gun
sui said. practically controls the
financial situation in Los Angeles.
Mr.. Woods was formerly assistant
cashier in the First National bank OF
-uauer Mr.. Gunsul said thai
Robert Kunz. a former Albuquerque
is now cashier of a bank N
Fullerton. Cal. Mr. kunz received
his financial training in the First
National hank here, being employed
i'm he local Institution for "a number
of years.
II still retain business interests IN
Albuquerque, Gallup ana other parts
of New Mexico" said Mr.. Gunsul
Yesterday. and will continue TO hold
those interests. / hope. until 7 die. 1
like Albuquerque. l like New Mexico
and I like The people of Albuquerque
and New Mexico, and feel confident
that New Mexico will soon come into
nor own as one Of the great states
OF the Union
Consolidated !