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 […]

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 […]