j Albuquerque PRpGR^S Business Aevvx of Our Cityand Vicinity Published by THE ALBUQUERQUE NATIONAL TRUST &• SAVINGS BANK VOLUME V, No. II JANUARY, 1939 u;i.i- 3 f > illBWI Viiniiai Siirveij ol All»u<]uer(|ue Riisiuess i g « V :^rj 'Mt( I CZ fir *3 c- « •-JaSt* "l4 Hit 6A0V SARACC ^ M c: cr.....1^,..K3 CZ , Page 2 ALBUQUERQUE PROGRESS Jamia ry. 1'EE) Albuquerque Progress is published monthly for all who are interested 60 Men Work on in Albuquerque's growth and de velopment Nob Hill Project fcp the .•\ SIO.O'IO curb and gutter jirojeet for ALBUQUERQUE NATIONAL the Nob ITill section of L niversity TRUST 6- SAVINGS BANK Heights is now under \va\ and eon- struction is e.xpected to he completed CAPITAL AND SURPLUS this month. .\n area of 1(1 blocks, ad $470,000.00 joining the site selected for the new ALI3ERT C. SIMMS Chairman $79,01(1 Noh Ilill elnientar\' school, is FKED LUTIiV rresiclent covered by the project. .About (lO skiled FRED A. WHITE Vice-President and unskilled workmen are tinplo\ed O. M. LOVE Cashier K. M. ELDER Assistant Cashier on the project. G. GIOMI Assistant Cashier RALPH E. BECKER.Assistant Cashier Second Street Road G. R. KRAMER Assistant Cashier C. E. DINKLE Assistant Cashier Extended South R. M. ELDER Trust Officer Construction is now uiuKr way on an CENTRAL AVENUE al SECOND STREET extension of South .Second .Slret-t. west ALBUQUERQUE, NEW MEXICO of the .Santa l-'e tracks, and the new sec tion will be e.xtended 4 or 5 miles south Member Federal Deposit Insurance Corporation of the oiled portion, according to (ior- don Winter. count_\' ro:id supervisor. Building Permits Here The new extension will enable the resi dents of the area south of the Uit\' :ind west of the tracks to get to town with Make Record Gain out havitig to crf)s.s the tracks. The monthly review of the Federal Re serve Banlc of Kansas City shows Albu Travel Here Tops 1937 querque as one of the brightest spots in the 10th Federal Reserve District. The by 397 Cars Per Day City's gain in building permits for No vember was greater than that shown by F'igurc's just released by the Uh.amher any other city in the 10th district with of Commerce and the .State Tourist Hii- the exception of Kansas City. Permits rcau showed that .AlhtKiuertpie's 1938 issued here for November totaled $265,- tourist 'ousiness showed a siztihle iti- 000 as compared to $89,000 for the same crease over 1937 in spite of a general period in 1937. Albuquerque's increase National decline. The figures showed was greater than the gains of such cities an increase of 397 cars per day over the as Denver, Oklahoma City, Omaha, 1937 totals. Cars cf)ming in on ITigh- Pueblo, Tulsa and Topeka, Kansas. ways 66 and 85 totaled 1798 per day for The report shows that bank deposits the first 1! months of 1938 as compared are running above last year, but bank in- to a total daily number of 1401 cars for vestmems are 3 per cent lower. 1937. Improvements Planned for Dr. Pepper Bottling Co. Alvarado Hotel Build Plant Announcement was recently made Construction of a new modern bot that not less than $35,000 will be spent in tling plant fr)r the Dr. Pepper Co. is enlarging and remodeling the Alvarado now under way at 3423 Hast Uentral. Hotel here by the Fred Harvey Co. C. L. Ovcrmeir is in ehar,gc of con Among the improvements planned are struction. Organizers of the l)r. Pep the installation of cocktail lounges, a per Bottling Compans- here inehide C. bar, out-of-door eating places and the M. Barker, L. 11. Barker, M. (1. Brock addition of more rooms. and Liicylc Brock. January, 1939 A1.1 u"() I • 1-:K() I" !•: r ROC. ress Page 3 HOME CONSTRUCTION IN ALBUQUER QUE HITS ALL TIME HIGH DURING 1938 City's Popiilcition, Postiil Receipts and Utilities Customers Also Shore Increases Unritrg Past Year Alhuqucniuf t-njnycil a mnuitu- laaiu- building projects initi.atcd during the building hfxnii during l''3S .\'r\i r br- past war. linportant public projects fore in tiif hi,st<ir\ .U llu- rapidls rx- inclmle the new $7lW.(X)0 nnttiicipal air- panding City have m> man> new hi.mv- tiort. exiieeted to be completed and gonc up in the peri.id nl a >inule >eir. laxulv for ttse early itt the Spritig. con- strtiction of the tiew Fair Groutids This is Alhnqneiaiue's l''3S lieine plant: the $5lH).000 school expanston and l)uilding reenrd : e. mst met i.m m J3S builditig iiro.grain now under way; the new homes during tlie 13 iuotuIi period .•s_'o_MHIt) sewa.ge disposal plant now un with a total v.alue ol SS3/.oia.dlt. I turing der cotistrtietioti south of town; atid the ninctccTi hundred thirlv—even 1S3 new City Hall additon now heing completed, homes were erected here at a eo-t ot $715,113: and in nineteen hundred thir- to cost .Sllh.tXXl. tv-six 164 new homes were hnilt, valued Population Gains at $633,058. The iiast war continued the steady According tf> loc.al ."out r.aetors .and jnqntlation growth which has a '^^ 7 realtors, one of the big t.aetors in .\1- carried .\lhtii|uentuc well over the 511,- buqtterqne's 1938 home htiilding hooin (IIH) mark. Ati estitnate hy the Chamber were the favorable lo.ans on new homes of Cotntnerce places the ptcsetit P°P" j' offeretl by the I'Aaleral 1lousing Admin tion of Albuquerque and istration. 378. at, it,crease of 2528 over 193/. The While home constlaielion for I'l.lS is uiiward trend it, populahm, was 'Cilect out ahead of all previotis >ears. the total ed in si/able .gains in ut.hty cus oitiers, building figures will run slightly under water deiiartiuent eonnecttons and rosl the $1,939,911 m.ark of 1937. 'I otal con (hfficc receipts. struction for 1938 is set :it SI.736,111. Postal Receipts, Utility Customers However both November atid l)ecetnher Increase of this year show siz.ahle gains over the same m.anths of last >e:ir. which indi Tot,ping last vear's figures by approx cates that Albti(|uer(|ue is entering the imately $24,000. postal receipts for New Year on ati upward htisiness etirvc set a new record with a total ot $551.- after the slight reductioti of some earli 565.78, according to 1. .-V. crtier, post er months. master. „ j Another indication th.at 1636 will he a Officials of the Albuquerque Gas and banner building yettr w.as seen in the Electric Company set the number ot fact that platis htive tihcady been .ati- electrical service consumers for the past nounced for the eotistrnction of two year at 13,725. as compared to 12,IU large office hnildings during the yettr electricitv users for 19.37. Gas service at att approxim.ate cost of $2.()0n.()00. coiisiiiiiors for 19.38 were 7.450 as com- The Federal (.overnment has bei,'n tiared to 6,898 for the previotis year. considering bids on the site ot a new Telephone service users during the .$l,000,fX)0 Federtil P.ttilding. ami it is ]iast year topped 1937's figure of 8,932 expected that construct ion will get un with .a total of 9,678, while water de- der way this coming sutnmer. Also Jo liartment customers increased during seph Barnett h;is annottticed plans lor the same period from 7,550 to 8,079. the erection of a har.ge oftice htiilding Tourist, Gas Tax Collections Gain of about 9 stories at the southwest cor Tlic City's tourist traffic showed a ner of Central and Second. nice increase during the past year, with The Hilton Hotel, now heiu.g imslied approximately 397 more cars per day to completion at the corner of .Second comin.g in on Hi.ghways 66 and 85, and Copper, is one of the imiiortant (Continued on Pa.ge 10) t vH.I i \ 1 tt 48 Page 4 ALBUQUERQUE PROGRESS J:iiuiar\-, 1939 STAKE S PflnfL bodies Bringing another new industry to Albuquerque, the Universal Body and Manufacturing Company has Just opened its new plant at 1713 North Fourth Street for the manufacture of truck and commercial bodies of all kinds. The new plant is fully equipped to manufacture a complete line of custom and standard-built truck bodies, such as furniture, refrigerator, vans and freight trucks as well as smaller pick-ups. Officers of the company are T. J>. McEIhiney, President, and 0. B. Routh, production manager. Both the officials and the workmen in the new plant have had wide experience in the specialized business of body manufacture in other parts of the country. Nehi Battling Plant Construction Under Way on Completely Modernized Washington School Addition Remodeling and modernization of the Work on the addition to the W'a.sh- Nehi Bottling Company's plant at 214 ington Junior High School, one of the West Coal Avenue has just been com five project.s in Alhu(|ucr(|iK"'.s .school pleted at a cost of approximately $30,000 expansion program, is now iiiulcr way according to Sam Minces, owner and under the direction of Bradbury and Marchant, local contractors. The ad manager. dition, to cost $81,0(M), will he on the Improvements in the plant included Park Avenue side of the picscnt hnild- the installation of new automatic bot ing.