The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-05-14
GEORGIA THRIFT.

Thomasville wants d cotton compress.
Townsville is to have boulevard thir-
teen miles long.
Lanier Bros. of West Point contemplate
starting a new bank at Americas.
Toe Leary Courier will not be removed
to Arlington as was contemplated.
A. r. Oliver has sold to w. j. Harper a
three-acre tract ON Church street at Ameri-
Gus for $1,000.
Eatonton will have a cotton compress in
operation during the next cotton season.
That was as good as settled at meeting
last Tuesday.
The retail merchants Of Macon will meet
on May "a, in the city court room, to take
steps to try and induce the railroads to run
shoo-dy trains.
II. c. Crowley, an Atlanta machinist,
has invented headlight for locomotives
that will cast its rays 800 yards. The old
ones cover only $50 yards.
At Americus, Friday, A. A. Rylander
sold to Capt. j. A. Cobb two blocks in Lee
ton Park for $3.50. Mr.. Rylander pur-
chased these blocks about a week ago for
1920.
1t Is announced that Atlanta is to have
the finest opera house In the south. 1t is TO
be built by Mr.. Deceive, and it is to be on
Peachtree street. at its intersection with
Pryor street.
The citizeus of Vienna have authorized
Mayor Stovall to advertise for an election
by which the town may issue $4,000 in
bonds for the purpose of sinking an artesian
well and erecting system of water works.
A movement is on foot at Atlanta to
make drive that will extend from the
barracks to Piedmont park, distance of
eight miles. The government is expected
to chip in $50, 1000 toward helping the pro-
ject along.
Just twelve months ago the Columbus In
vestment Company was organized. Friday
the directors of the company held meeting
and declared dividend of II per cent. after
paying all expenses of organization, Office
furniture, etc.
The provision merchants OF LaGrange
are doing big business furnishing supplies
to the railroad camps on the Macon and
Birmingham. Half dozen wagon loads of
supplies are sent cut daily. There are
several hundred horses at the various camps,
and it requires lots Of provender for them,
as well as provisions for the men.
Atlanta real estate movements arc assum-
ing enormous proportions. Three deals
now on foot involve near S1.000,000, aud
cover about &c, 900 acres of land in Atlanta
and suburbs. The largest is tie negotiation
for a wide swath of territory through South
Atlanta, secured twenty years ago for a
railroad right-of-way, and known as the
Southern Security Company's right-of- way.
Besides this there are negotiations for West
wood park on foot, and about 1900 acres
between Atlanta and Decatur are under
option.
The stockholders Of the Farmers Co
operative Manufacturing Company of
Spalding county held meeting at Griffin
Saturday. The following report was made:
Assets of the factory and machinery, s42,-
600: bills receivable, s32 ,262 II; goods on
hand, So, 100 Is; real estate in Georgia and
Florida, not counted in plant, 81, 800; total
property and assets, 800, 141 81. The liabili-
ties are: Bills payable, $25, 069 90; bonds,
| $4,000; total, $4,000 30, leaving a clean
margin over and above liabilities Of $780,
or AZ. The company resolved to build an
acid chamber costing $4,000, and commit
tees were appointed to begin at once taking
subscriptions to that enterprise. The phos-
/ phate of the companys analysis il Is per
cent. higher than Charleston phosphate,
which will enable the company TO improve
| their guano without increasing the quantity
| of their acid. It is intended that every
| farmer in the counties around Spalding
shall have stock in the company. There are
already 500, and a movement will now be
made TO bring IN 500 more. There is no
| doubt as to the erection of the acid cham
bers. The entire property of the company
will be operated under the bank charter,
| which places behind the bank as valuable
] assets as a bank ever owned.