Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-01-02

other cities and towns IN New Mex
leo ~ the size Of populatlon. IN her
buildings schools. churches. parks.
streets. and her many financial ana
huslness Institutions.
This Is no discredii to any other
town or city IN the new state. for an
have grown materially. and those
that have been systematically pro-
NOTED BY public-splrited work on the
part Of oltisens and business inter-
ests have made some excellent gains.
But, geographically ana otherwise,
Albuquerque o. 40 situated that fate
and an exceptionally live and hustling
set Of reople have made this city the
center Of business for a large portion
Of the new state.
Within tho past two weeks have
been published the statements OF two
Of the solid banking establishments
In this city, ana in this issue the
statement OF third, the Bank Of
Commerce. a reliable and oonserva-
tive institution that has been estah-
linned for more than twenty years. -
published IN compliance with the call
OF the state bank examiner.
The banks are the first index to
the business condition OF any city or
town, and these three statements
show that Albuquerque handles be-
tween ~ and 30 per cent OF all the
banking business done in the entire
state
This is a remarkable showing, not
only Tor the banks but for the city.
II Indicates more clearly than any
thing else that from this city nearly
an OF the business OF the new state Ia
financed. II shows that Albuquerque
is the clearing house for vast, rich
country that win without fail buiid
second Denver here and insure that
Tor all time this city shall be the
center Of pops1 tm and activity in
New Mexico.
And not only IN the money OF the
new state handled largely through
this city. but the wholesale concerns
IN Albuquerque practically supply the
entire trade territory Of New Mexico
and a portion OF Arizona, Within
the past few months the largest
wholesale establishment In the new
state has been completed in Albu-
querque and the other Establishments
ALREADY here have the patronage and
records Of better than quarter Of
q century behind them. This city re.
Gently has undergone an era Of de-
velopment and progress that would
nave been unusual in any community
and yet II has been but the steady
sure. solid building OF the founda-
lions Of what will for ell time be this
biggest city IN a new state that Il
destined 20 be among She richest and
most powerful ii the union, ,,,,..o
Albuquerque has every inducemen
for capital, since capital largely fol
lows capital, ana the man will
money VIII first look in new STATE
for the financial center before under
taking any enterprise.
The Herald believes in All Of New
Mexico and IN every town and coun
~ in the new state. for in each q
to be found the progressive and pub
llle-splrlted germ that will eventually
develop New Mexico. build up hel
communities and make her come int
her own.
There IL no spirit OF rivalry be
tween Albuquerque and any othei
community. for just SO far as eacf
community progresses and advances
from year 10 year. just that much
further will Albuquerque. as re me
tropolls. benefit. while likewise oui
successes win send to benefit the
balance OF the state.
Albuquerque enters upon the new
year assured of success. As a bust
moss man remarked IN discussing th'
city a few days ago;
Albuquerque is built solid I've
been here for thirty years ana
know what has made the place from
year TO year. We have n good elts
here; we win always have. and she
win grow, steady and sure. end every
business establishment In her limits
that is on solid foundation will
grow We cannot help growing; the
location and conditions are right