Birmingham age-herald., 1894-12-02

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 The corn crop of the South for 1894 is equal in value to the cotton crop of the South.
 Mir. J. l.. Miner has secured the con- tract for building 100 coke ovens for the Howard Harrison Pipe Works at Bessemer.
 The Southern Railway has sold about S15, ,0o0, 900 of it's securities in England. This will bring A great deal of foreign money into the south.
 Mir. Il. 5. Fleming of New York figures out the cost of making iron at Greensboro, N. C., at s7.67 per ton. If Greensboro can't beat that she is not in it.
 
 James P. Mcdonald ot Knoxville, Tenn., has secured tine contract for building rail- road in the island of Jamaica. He will get much of his material frorn the South.
 The bonded debt of Atlanta is g, 966 900, annual interest Sl69, ,g72. Assessed value of real estate i42 ,097, ESQ, personal prop erty Fl, 7s0 ,56o. Tax rate Sl5 per fl0o0.
 Secretary Herbert in his report recom- mends the building of three more warships by the government. II this is done it will give an increased demand for steel and iron.
 
 II the Southern farmer could eat cotton when il got so low in price, he would be on plane ot equality with the Western farmer, who eats his wheat when he can't sell.
 ha of ri in tba parish oi Calcasieu, Louisiana, has in- creased from S1, ,500, 600 to 1T ,500 GOO n the past ten years. 1nls increase was due to immigration from the West.
 The demand for coke has increased and the Birmingham district is preparing 10 meet the demand. Much of this demand comes from Mexico. .1he Alice furnace coke ovens, and the furnace itself, will soon be in full operation.
 Gen. J. w. Burke, receiver of the Chat tanooga Southern railroad, says he has number of inquiries in regard 10 bauxite property in Alabama to be used for the man utacture of aluminium. He controls large bodies of fine bauxite adjacent to Jacksonville, Ala.
 
 Brazil has given the contract for four new cruisers to ship building firm at Kiel, Germany. This contract should have been given to the United States. The recent construction of warships in this country shows that American ship builders are pre- pared for such work.
 It is stated by the Iron Age that the plant of the James r. Witherow Company, engi- neers and contractors, which is located at New Castle, Pa, will be put in operation, provided loan of S35, GOO can be secured on the blast furnace of the Sheffield Furnace Company, Sheffield, Ala., now owned by the first named concern
 Many Congressmen who assemble in Washington on Monday have been de- feated for reelection. During the -saort- session pf Congress they viii probably vote as they see fit, without regard to the dear people. Those who voted against govern ment aid to the Nicaragua canal for fear the Populists would object are now free to vote for it.
 Vice. President c. A. Avery of the Co., lumbian Equipment Company says "this company has procured tbe Highland Ave- nue and Belt railroad of Birmingham aud also the East Birming gham and Gato City road, but it has not yet secured the East and West road. It is true that it expects to close contract on that at very early date. As soon as this is done it is the intention of this company to proceed with the extension west to Birmingham from Pell City to connection with our terminals. U
 The board of directors of the Louisville and Nashville voted to close the company's construction account as of. September 80 last and draw on income account for all ex- pendltures in the future. This is the most important step the company has taken in years and means a total readjust- ment of it's system of finances. This roads troubles have been in some measure due to it's construction account and the way it was treated in the past. It's abolition places the securities of the road on totally different basis for the future. This is but the first link in chain of develop ment that will be of the utmost impor- tance.