Nov. 9, 1936

The local turkey market opened, selling turkeys at 9 cents for “No. 1″ and 7 cents for “No. 2.” The low prices were due to the oversupply of turkeys from the large crop that year.

Low gas prices help keep world mischief at bay

Freedom New Mexico If there is anything resembling a silver lining in the current financial crisis, it is that the worldwide price of oil has fallen to around $70 a barrel, about half what it was some three months ago. Gasoline prices, which always lag behind oil prices, have begun to drop as well. This […]

Scrap metal dealers see prices fall

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By Gabriel Monte: Freedom New Mexico Following the financial slowdown, scrap metal prices have fallen and local recycles are feeling the pressure. Maria Chavarria, who owns Clovis Recycling with her husband Francisco, said supplies of scrap metal have dwindled in the last two months because of the drop in scrap metal prices. She said residents […]

Finding peace in a troubled world

By Joan Clayton We have been hit with home mortgage failures, bank problems, high gasoline prices, a big increase for food and did I mention corporate trouble? Bad news seems to dominate the media and one might get a little depressed about all the wrongdoing across the planet. How about other crises such as illness, […]

Retro oil crisis brings up same worn out ideas

Editorial Is the United States reliving the Nixon and Carter eras? Interest rates certainly are well below the 19 percent high they reached in the late 1970s, but the housing industry is slumping, gas prices are soaring, the current president is wildly unpopular, a war is raging, inflation is heating up, and economic malaise is […]

Cattlemen suffering from rising feed prices

By Sharna Johnson, Freedom New Mexico With the rising cost of corn and other grains, local cattle growers are struggling to stay afloat. U.S. beef producers now spend a whopping 60-70 percent of their production costs on animal feed and are seeing that number rise daily as corn prices hover near an unprecedented $8 a […]

Scooter sales up with gas price

By Keely McDowell, Freedom New Mexico Local retailers say interest in scooters has risen in response to escalating gas prices. Ronnie Jones, general manager of High Desert Honda, said almost every customer who has come to purchase a scooter over the past eight months is not concerned with the price of the scooter, but inquires […]

Airmen hit the road on two wheels

USAF Photo: Airman 1st Class Erik Cardenas Goggles, wraparound glasses or a full face shield that is properly attached to the helmet must be worn on a motorcycle. All must meet or exceed American National Standards Institute standards for impact and shatter resistance. By Airman 1st Class Erik Cardenas, 27th SOW Public Affairs With gas […]

Local gasoline prices close in on $4 gallon

By Mickey Winfield: PNT Staff Writer What goes up must come down. While it’s not exactly one of Newton’s laws of motion, the popular axiom fits most of the time: baseballs, airplanes, the stock market — the exception to the rule seems to be gas prices. In two days (from Tuesday to Thursday) the price […]

Demand a strong influence on gas prices

By Kevin Wilson, Freedom New Mexico To promote the Philadelphia 76ers making the NBA playoffs, a Philadelphia gas station offered gas for 76 cents a gallon. The promotion started at noon Friday, and cars lined the block as early as 6:30 a.m. You know, I like cheap gas as much as anybody else, but you […]

Fed drops key rate for third time this year

Staff and Wire Reports WASHINGTON — The Federal Reserve dropped its most important interest rate to a nearly two-year low on Tuesday and left the door open to additional cuts to prevent a housing and credit meltdown from pushing the economy into a recession. A disappointed Wall Street took a nosedive. Fed Chairman Ben Bernanke […]

Fuel prices drive up trucking costs

By Casey Peacock The rising cost of fuel prices are cause for concern with local trucking companies, industries and agriculture producers. With 18 trucks in their fleet that travel across the country delivering goods, WTI in Portales is facing the rising costs of fuel. Each truck carries an average 300 gallons and at the average […]

Pain at the pump

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By Karl Terry: PNT Managing Editor Don’t expect the price of gasoline to go down anytime soon. In fact, gasoline prices are going to continue to rise, according to travel and oil industry officials. Richard Horn, who was filling his car up Wednesday night at the C&S Valero station in Portales, and said he’d noticed […]

Tweaked farm bill worthy of Bush’s veto

Editorial Democrats took control of Congress vowing to take a fresh look at wasteful programs and spending priorities. The expiration of the federal farm program — it has to be renewed every five years — was a golden opportunity to put some substance behind those promises. Crop prices are high, and farmers are thriving; net […]

Cost of home heating on rise

By Karl Terry: PNT Managing Editor The cost of heating your home will likely rise this year. But unless you’re using propane, eastern New Mexico residents may avoid the huge increases predicted in some parts of the country. According to PNM officials, the cost of natural gas is likely to be close to the same […]

Government can’t soften blow to U.S. economy

Editorial No one can now deny the obvious: The housing bubble, especially in high-priced real estate markets, has popped. New home sales are projected to fall nationwide to 805,000 this year, down 23 percent from 1.05 million last year, the National Association of Realtors has reported. If that happens, it would be the worst year […]

Financing food getting trickier

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By Karl Terry: PNT Managing Editor This morning, your bowl of cereal and milk probably cost you 49 cents. Last year, it was 44 cents. By next year, it could be 56 cents. It’s enough to make you cry in your cornflakes. The forces behind the rise in food prices — China’s economic boom, a […]

October 10, 1958

• During the Portales School Board meeting, it was announced that John P. Steiner fifth grade teacher John C Phelps had resigned. Phelps had been accepted for a position with the Border Patrol and was to report to Las Cruces for duty the following week. • Crowning of the queen, a bonfire and pep rally signaled […]

Farm bill gets Friday focus

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By Karl Terry: PNT Managing Editor U.S. Rep. Heather Wilson, R-N.M., stepped outside her district Friday to gain some perspective on agriculture across the state in preparation for upcoming debate over a new Farm Bill in Congress. Wilson said she had relied on the late Rep. Joe Skeen for that perspective in the past, but […]

Chain e-mail won’t lower gas prices

By Kevin Wilson With this election year that’s not really an election year, it’s amazing to see the impact of people-powered politics. Candidates like Barack Obama can solicit small donations online and put 100,000 people behind his political movement. At debates for both Republicans and Democrats, moderators can quickly change the direction of a candidate […]