The Montgomery advertiser., 1905-03-16
BLOCTON COAL $4.5O Per Ton. ANDERSON COAL co.
 Order Early. Phone a.

Consolidated Iron and Coal Company was purchased by the International Power Company. The new furance will be erected alongside of the pres- ent one, which was constructed about a year ago and which Is turning out daily PTS tons of the very best pig iron produced in the State. The new furnace will have every modern labor saving device known to furnace build ing and will cost $35O,o00, and will be built as rapidly as possible, working forces of men both day and night It. will have a capacity of 275 tons per day. The cost of this new furnace will be paid out of the surplus fund now in the treasury. The low estimate of the cost of the furnace Is due to the fact that when the last furnace was constructed the company had in view the construction of this second stack and many features then provided are equal to the needs of the two stacks.
 On the basis of the average earnings during the past three years of the Ala bama Consolidated per ton of iron pro- duced this new furnace will earn the entire fixed charges on bonds and pre- ferred stock of the company. or an amount equal to over eight per cent on the common stock. The present Ol tHC COHpdHy are dI IHc rate of about twenty-nine per cent on the common stock after allowing for interest on bonds, dividend on pre- ferred stock. etc.
 In building this furnace the compa- ny Is simply carrying out the plans of President Bush, which were formula ted long ago, to develop its iron out put to a point commensurate with it's resources of coal and ore. With the completion of the furnace the output of the Alabama Consolidated Company will exceed the production of the Southern end of the Republic Iron and Steel Company.
 Mrs. Kate Jelks has filed in the city court of Gadsden a suit'for $20.00O dam ages against the Alabama Mineral Dl- vision of the Louisville and Nashville for the death of her husband. which occurred near Glencoe last November, when he went to sleep on the track and was run over and killed by the train A suit had already been filed In the circuit court and this suit is but another step in the legal battle which is to follow.
 All of the old members of the Queen City Guards few days ago received letters of dismissal from tho company and fast upon the heels of this came
 
 tion of the company with an almost entirely new membership. except the officers. The old members are now hot under the collar at their summary dis missal and talking of organizing an other company It is not very likely that a new company will be organized for several reasons. principally because there Is no room for another company in the regiment and 1t will be a hard matter to find a competent man who will take charge of the company as captain under the present circum- stances.
 John Jones, colored who has been serving a sentence on the county chain gang for an assault committed upon another negro, made his escape last night from the convict camp, which is located some ten miles from Gadsden. The negro was a trusty and his sen tence would have expired next Monday. It is not known exactly when he es- capped. A reward ce $10 has been off, fered for his capture, and If caught he will get six months moro.
 Hon. J. A. Bilbro. of Gadsden. has been appointed as a special judge to hold the circuit court of Jackson County. which convenes next Monday. A special session of the Marshall County circuit court convenes next