Savannah morning news. [volume] (Savannah) 1868-1887, 1886-01-04
GEoRGIA's PoCKETBooK.
Glimpses In the State of Especial In
terest to BUSINESS Men.

terest to Business Men.
The Newman National Bank is doing a
fine business.
The Quitman factory will commence
operations this week.
Gainesville's city fathers are negotia-
ting for steam fire engine.
Camilla is pronounced one of the health
lest and most thrifty towns in the State.
A new bank for Quitman is said to be
among the happy probabilities during the
year 1886.
The merchants OF Quitman all say they
have had a fine business during the past
two weeks.
The st. SimOn's hotel company has
been duly organized and work is expected
to begin at an early day.
1t is rumored that Dixon h Ousley will
commence the manufacture OF brick near
Quftman in the early spring.
In Fulton county Superior Court Satur-
day application for charter for the At
lanta Steam Laundry Company was filed.
The capital stock is $4,000, with $4,000
paid in.
AT LAGRANGE J. p. W Iison, a small con-
fectioner and grocer, has assigned. j. K.
Toole, clerk, is made assignee. Creditors
are numerous but no large amounts are
involved.
At Cumming, A. j. Kelly 4 Son, OF the
mercantile firm Of Foster, Pruet u Kelly,
have withdrawn their interest, and the
firm VIII be known in future as Foster,
Pruet & Co.
At Eastman Saturday the Georgia Pine
Manufacturing Association held its an
nual meeting and elected w. f.. Belts
president, Frank Smith secretary and
John Colvihe agent.
2. G. and Dan Boone, OF Gainesville,
have bought out Boone n Rudolph, and
shave consolidated the furniture establish
ment lately run bye. Z. Boone with the
general merchandise business.
The firm of A. j. Rountree & Son, do
ing general merchandise business at
Quitman, has been dissolved by mutual
consent aud the business will be conduct
ed In the future by S. S. Rountree.
j. B. Esterlin, one of Montezuma's
prominent young merchants, has made
an assignments j. Il. DeVaughn, for the
benefit Of his creditors. There are suf-
| ticient assets to pay all his indebtedness.
Webster Thornton, son-in-law of Asa
Thornton, and one Of Elbert's best citi-
! zens, has purchased the Tuck NJ arcom
| place, near William MortOn's. and will
make Clarke county his future home. He
paid $4,000 cash for 200 acres of as fine
A cooperative coal supply company is
| In successful operation IN Augusta, and
| President West is organizing a co-opera-
| tive gas company. He is confident OF
success, and has Ill prominent stock
| holders and every share sold. He will,
of course, be opposed by the old gas com
| pany.
Senator Joseph Brown has made sever
/ al contracts on Atlanta real estate that
net him per cent. He offers to build I'D
any vacant property he has for any tenant
| VINO will take the building for 10 years,
J pay taxes, keep in repair and give him 6
per cent. net on the cost of ground and
| building. He has several large buildings
leased on these terms.
Three important business changes
were made at Monroe Friday. The firm
\ az Lawrence, Sheats & Co. and Gibbs q
Sheats dissolved, the Lawrence brothers
| retiring from the former firm and Mr..
! Gibbs from the latter. Thomas l.. and
James &. Sheats succeed Gibbs & Sheate.
Drs. Galloway and II almond have formed
| a partnership, and will open q new drug.
| store.
Warrants were drawn on the State
| Treasury Saturday in favor of the State
] University for $12,047 80 interest on bonds
| and land script funds, and for $4,000, the
! stitutlon. The University deposited with
the State 81 900 bond bearing per cent.
interest, and obtained from the Governor
/ an obligation in the nature of per
\ cent. bond for the same amount to run 30
I years.
Tax receipts on the general State three
mills levy are $21, 542 less for 1885, up to
| Dec. 81, than they were for the previ-
Gus year on the same levy, The receipts
for 1884, up to Dec. 81, were 1901, 1852, and
for 1885 only $3.50, 400. The receipts on the
special levy of One-hah mill for building
| the capitol for the past year amounted to
$94 ,901. Fear is entertained that deEn.
quent taxes will be very hard to get this
! year for last.
| Dorsey Brothers have leased the Athens
! street railroad for the next twelve
months at rental of 5000 per month.
| Three coaches have been making
an average Of $40 per day
since Dec. "A, and the road is only
half finished and equipped. There will
be seven coaches running all the time.
This shows that it will be paying piece
/ OF property-the first year netting Is per
cent. on the cost. Mr.. SnOdgrass has left
for Virginia, where be VIII build a street
railway at Charlottesville The Athens
| line will, as soon as possible, be pushed
TO both depots, and do both a passenger
and freight business.
A. r. McCutcheon, the geologist of the
State Agricultural Department, has pre-
pared a report of the manganese beds OF
Georgia for the United States minerologi.
cal report. The manganese deposits OF
Georgia are confined TO the northwest
part Of Georgia, where the quantity is
large and the quality Of the best. 1t is
mixed with brown iron ore. The manga
nese beds are found Gaping the hills, and
is easily mined. Most OF that from
Georgia is shipped 10 England,
where it is used for bleaching pur-
poses and in preparing ferrO-man-
ganese, which is used IN the manu-.
facture Of steel. Some OF the
most extensive beds of manga
nese known are in Georgia, the
| quality OF the manganese being excellent.
Mining manganese has paid on the whole
better than any other mining. The most
| extensive deposits yet discovered In GeOr-
gia surround CartersVille. They are
owned aud worked by several corporate
companies and by few individuals.