The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-12-01

40 per cent. The iimrs,oae for Aux
ing is at Sbeaields han1e, while Bl
mlnghkm sends fo,ty.five miles 70 Re
it. 81. Loais is fhe giest iron make
OF the coNntTy. Stamtfs loaded a
the furnace door in Sheffield with MI
iron will lay 10 IN uubroken buk a
st. Louis, having wafer transp orta ior
all the way-which Brminghan lacks
Birmingham viii be 4 great city, but
60 will Sheffield. One not more snIelN
than the other. Iron can be made al
Birmingham at less than $40 too
and at Sheffield for less than at Biz
mingham, while it costs $l7 a ton IA
make ii in Pehnsylvanis. In ten years
Alabama, Georgia and Tennessee will
control the iron market of America,
Few men comprehend the enormous
amount of capital AID industry that ID
being deported from Pennsy, yania 10
the Son.h. This will fill the South
with great csiifs. Atlanta, Nashville,
Chattanooga and Memphis will profit
by new and amazing growth"
In the meanwhile, Sheffield is vet
in its swaddling clothes An East
Sheffield company ha0 bsen organized,
with $3.50 000 capital, to improve and
develop the outlying lands of Shelf
field, which ID has bought by the
hundreds Of acres.
Az to Birmingham, one tires of
writing of,its wonders, The Hon. \.
W. Rueker, late Of Athens, says he
discovered "a new industry in Biz
minghsm on his prospecting visit.
81 went TO the pos. office to INQUIRE
for my mail. / found string of from
City to 100 mfn tailpg away from the
general delivery box, each man TAX
ing his turn patiently. A friend said
to me, 'You cans afford to wait half
an hour, let me buy you plscs in
line.' He touched little negro boy
who was near the head OF the process.
sion and asked what he would take
for his pla Q. Fifteen ctnta,' the bow
replied. Lpaid 10 and took his plscs.
He ran to the rear of the line ard
started up agkin. This is a regular
industry. Negro boys get a place in
line and hold Ii until some impatient
stranger buys them out. A place
near the box is'wOrh a quarter; a
little further down fifteen cents, aud
near the tail only FIVE cents. The
boys make from dollar to two do
lars day."
Mr.. Bucker bought him a residence
lot, l0x150 feet, for $1,000. l asked him
where it was located
way out in the woods" he said
"and full Of 'po;sItms / bet there is
a bushel Of 'possams on it this very
night. ~. . st7ig
l asked Mr.. Rucker how long he
had been at Birmingham before he
determined,to make it his home.
i hadn't 1got ten feet from the
depot" said he, .."before l determined
to spend the rest OF my life there"
Mr.. Rucker gys he asked Col. |
Handley II he dia not think the price
Of real estate would drop. 1t is one |
Of Col. Hsndley's peculiarities that he |
will never talk about Birmingham
real estate until he gets on a corner
md takes his hat of. Heneeds room,
lir and reverence when he approaches
hat subject -' -
"Drop," he says, "why 1t has hardly
Itarted up yet. IL is going up, up, up,
Until it reaches the stars. 1t amt
lalf es high yet as land on Wall street,
New York. Il has got plenty Of mar.
lin for growth"
Col. Hsndley sold man 5000, 900
worth of "possum" property in Biz.
ningham at the rate OF $l75 a foot
ront, and then offered to bet him
1000 that in twelve months he could
lot tind two mules in Birmingham
hat could pull the profits on level
treet measured in silver dollars.
Bat Alabama has no monopoly Of a
,oom on her buried resources.
Among the Southern bonanSas. the
North Georgia marble quarries are
aking a leading part. Within the
hree years fully 100000 has been
invested in marble quarries, machinery
II cutting works. Train loads of mar
lie are delivered at Marietta every
lay.
Mr.. George R. Eager reports a re.
discovery. He says:
I'VE were putting our diamond
lrill into the mountains in search of
oapstone. We thought we had struck
and bored about 200 feet deep. The
ore that we brought uD was OF rich
nd delicate green. We examined it
arefully and found 1t was marble OF
xquitite grain and color-the real
erd antique that is 80 precious and
o rare. We got core eighteen feet
n length, without q flaw or fake in II.
Develop it2 OF course we will. There
no telling what it will be worth
1hen our machinery reaches IT,"
Over in Polk county a company,
eaded by Capt. r. j. Lowry, owns a
uarry OF Jet black marble, as fine in
rain and fiber as Italian marble itself,
nd in inexhaustless quantity. It is
OF improbable that 5000 900 will be
lvested in marble quarrying in Geor-
Ia in less than five years, and that
10 annual output may surpass that
nm.
In the meantime, let us remember
nat Atlanta has doubled her manu- {
Icturing industries in the past five
every phase OF her bust
ess is prospecting as never before {
nd that the next year will see at least
lree new lines OF railroads added TO
or already splendid system. In the
asst six years nearly 1000, 900, 900 {
ave been added TO values in the {
yelve Southern States. Atlanta has
one her part in the tremendous move
A