The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-03-13
GEORGIA THRIFT.
Americus needs more houses.

The foundation of the public school build
ing at Brunswick was laid Tuesday.
Sixty-eight regular passenger trains now
arrive and depart daily from Atlanta.
Among the probabilities of the near fu-
ture is a bonded warehouse, storage and
general transfer company for Brunswick
The boom to get Mrs Ventulett to build
the new opera house at Albany on her
Washington street lot is moving right ahead
James A. Davis, proprietor and patentee
OF the James A. Davis water wheel. desires
to form stock company for lis manufacture
at Macon.
1t is understood that if the citizens will
raise sufficient sum of money to cover the
purchase of site a capitalist will build
new opera house at LaGrange.
The new merchant mill on Washington
and Pine streets, Albany, will have an ele-
vator forty feet in hight, that will have
capacity of 1900 bushels of grain.
Julian E. Perry has sold his springs prop
erty at Cordele to the water commissioners
of the town for 81 ,O00 This represents a
profit of 900 per cent. made in year
The building of another cotton factory in
Dalton is being discussed The question
was preached at recent business meeting
of gentlemen, and 5000 subscribed toward
it,
The Baptist church at Sandersville is
being improved inside and out. The ceiling
has been handsomely arched, and a slightly
steeple will adorn one corner of the build
ing.
The dummy line in Milledgev vile is doing
a rushing business these days. Large guam
titles of goods are being daily received by
the merchants, whose business is fully three
weeks ahead of the season this year.
The Brunswick and Western railroad is
bringing into Bruins wick daily about eighty
car loads of freight. The same brings from
thirty to forty cars of naval stores, and on
an average twelve cars of hay and grain.
About twenty cars of lumber are brought
into Brunswick every day over the East
Tennessee, Virginia and Georgia railroad.
Five car loads of brick, containing 5000
each, are received daily. The average re-
ceipt of cotton is twelve cars.
The Vernon Light and Power Company
of Tallapoosa has force of men employed
setting poles for the additional street
lamps, and is busy putting lights into the
stores and offices. The capacity of the
dynamo in use is nearly taken, and another
will be set soon.
A little over two years ago ]. N. Stevens
of Stewart county purchased a tract of
woodland, embracing about thirteen acres,
in Lection, from DR.. E. j. Eldridge for
$1,000. A few weeks ago he sold two
eighths of the tract for 81, 900. Monday he
sold the remaining six-eighthS to Messrs A.
A. Rylander and Charles Ansley for
$4,000.
The city council of Americas has plr-
chased tie Shrine lot on Lee street, hereto
fore selected as the site of the new city hall.
The purchase price is s., O0U. The PROPOSE
ton of the Masonic fraternity in reference
to the purchase of half interest in the
Furlow Masonic college for $500, aud the
Masons to donate their half interest to the
public schools, was accepted.
A. H. Ellwood has returned to ITALIA
poosa from the east, where he had been to
purchase machinery for the Tallapoosa
Knitting and Manufacturing Company.
1t will be shipped the coming week. The
engine and boiler are on the way. The
main building is well under way, and is
being pushed ahead by large force of
hands. The company will be turning out
hosiery before April l.
An effort is being made at Atlanta 20 get
twenty-five men to subscribe 500 each to
buy small steamboat to ply the Chatta-
hoochee. The object is to practically test
the possibility Of boating on the Chattahoo-
chez, and if the expectations of the gentle
men are realized they will not only have
some fun themselves, but will have the sat-
AoldOl1Ol VI ocSlllE JULIET DOdlS Ou Uu0 IlN6F
with new source of pleasure opened up to
the people of Atlanta.
Col. Ocar Reese says the road workers
have found fine asbestos mine on his and
Cliff Mandevilles Giles farm, Just two
miles east of Carrollton. The hands were
blasting some rock from the roadbed, and
underneath these huge stones there were
found some as fine asbestos rocks as there is
in this country. There is q vein of asbestos
running through Carroll county from
southwest to northeast, and there are nu-
merous places where it can be found in pay
ing quantities.
Telegraph man has been informed, on
first-class authority. that a prominent
capitalist of Macon is seriously contemplate
ing the project of putting up weaving
mill, t cost b atween $75, 600 and $780, 900.
A good location in Vineville has been Sc
cured, with good water and transpor tation
facilities, and there seems to be no obstacle
in the way of an early development of the
scheme. 1t is said that 100000 will build
weaving mill of a sufficient capacity to
use the cotton spun in a spinning mill cost
| ing twice as much.
Considerable attention is being directed
| to Augusta, and it is predicted that boom
| is at hand. 1t is said that a party of eastern
| capitalists are eager for the purchase of a
| large block of downtown property on GER
tain conditions, and more likely in few
| days the fact will be made public of the
| purchase of the two most celebrated places
| in the lower part of the city. If the pur-
chase is consulnmated, either the old street
railroad or the new company will join hands
with the eastern purchasers and run their
| line to the lower end of Broad street, thence
| down East Boundary street to the rear OF
the old fair ground.
Americas Times: Something less than a
year ago party Of Americas capitalists
purchased 1000 acres of pine lands in one
| OF the eastern counties of the state, paying
| 81 an acre, or $4,000 for the tract. The
land lay along the projected line of the
| Savannah, Americas and Montgomery rail
| road, and since the building of the road has
appreciated greatly in value. Two or three
days ago an offer Of S25, 900 was made for
this property which cost only 81, 900 few
months ago. The offer was declined, of
cou Sc, but it only goes to show that there
is no investment that pays such return
as do well. selected lands in Southwest