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Newspaper
Albuquerque Evening Citizen
Location
Albuquerque, New Mexico, United States of America
Date
May 22, 1906
Page
4
The Albuquerque Citizen urges organized merchant action to secure fair railway rates into and out of Albuquerque. It argues Albuquerque must lead in New Mexico's prosperity, leveraging location and unity with the territory, and calls for a Merchants Exchange or Commercial club to press for proportional rates once the rate bill passes.
Henry Clews reports in his Weekly Financial Review that foreign loans to the U S may reach 400 million dollars, yet foreign trade is near record pace with April imports at 107 million and exports at 145.6 million, yielding a 37 million trade surplus. Ten months show a 467.5 million export excess, gold imports at 15 million in April and 59.0 million for ten months, railroad earnings up 12 percent, steel rail orders large with 780 thousand tons on books and rising toward 1 million tons.
The New Mexican enlarges its form and appearance, rivaling The Citizen as the territory’s largest daily. Competition spurred the change to expanded service, benefiting patrons. Colonel Frost notes the paper’s growth since the Civil War from small four column pages to a seven column, eight page daily with vast telegraphic news.
In Las Vegas a well known Gallinas Springs settler discusses the dry farming boom near Quay county. He cites rising migration, persistent effort, and Campbell method adopters like Jim Johnson Tucumcari, noting that with strong plows and teamwork crops improve and the region can feed fattening stock.
A long critic on wealth growth traces a chain from a small Salem Ohio wire wall company to a United States Steel Trust. It argues watered stock inflated values, Morgan and Gates schemes, and endless interest paid by the American public. The piece notes a barber’s trip and rising rents as hidden costs of inflated fortunes. It condemns the practice of adding water to stock to enrich a few.
Grover Cleveland White, an 18 year old Massachusetts boy, marries a 42 year old woman with two sons after jilting his sweetheart. The piece cites his view that a wife who cooks and keeps house is a lasting asset, questioning whether the woman who married him is wise.
An old grocer reports figures showing that the nation spent billions on beverages in earlier years with coffee tea and whiskey dominating the outlay. He argues education in thrift could redirect funds to more productive uses and criticizes excessive consumption as wasteful and harmful.
The markets section notes quiet lead and copper trading in New York and mixed wool and cattle prices in St Louis and Chicago markets. Chicago futures show closing prices for wheat, corn, fats, and hogs with varied shifts. A Kansas City cattle and sheep report shows price moves and receipts. The Chicago Journal reports Edward Lahill asserting Harrison may run for mayor again, though Harrison himself is uncertain about pursuing the nomination.
Enastacio Rodriguez pleaded guilty in police court after being found asleep on a sidewalk and was fined five dollars or an equivalent in days, choosing days. Jose Garcia faced a charge in police court but the case was postponed due to an absent witness. The article also reflects on Judge Rodey’s early career and a nostalgic, humorous poem about baseball’s past excitement, ending with a reminder that taxes are now due and delinquent on June pay this month.
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