The Montgomery advertiser., 1906-01-14

tended and improved street ear ser vice.
 Much of the remarkable develop ment of the city of Montgomery may be attributed to the prosperity or the fine farming country which surrounas it. although the farming land. as mueh as they have enhanced in value. have not grown in value so rapidly as the city property. Still there are lands some distance from Montgomery which five or six years ago could be bought for sS and $1o an acre, are now easily worth S30 and $40 an acre.
 MT. Thomas's statement relative to the increase of farm lands recalled the remarks of H. c. Davidson on the same subject, when he said:
 Increased Fivcfoid.
 q doubt if you could buy in Mont gomery County any farm lands within five miles of the city for less than $40 an acre. I feel quite sure that the owners would want $50 an acre for them. I feel safe in saying that in the past ten years some of these lands have increased five-fold in value"
 The Montgomery Immigration Com
 pany has been organizea to urge the
 fine opportunities in investment in farming land in this section to the people of the North and Northwest. AL though their lands arc located in Au- tauga County they are within an hours ride of the city and Montgomery will be the banking and marketing city of these immigrants. The company of which w. B. Davidson is President has already achieved a full measure of suc- cess. The company has extensively ad- vertised it's lands through the North and a number of sales have already been effected of these Autauga County lands.
 'sThe only trouble about the real es | tate business in Montgomery. said c l O. Nelson, of the firm of Charles ant Nelson, lis getting people to sell theil | property. It has not been long since l the reverse was true. Then we hat people who had plenty of property tt sell. Now we have plenty of buyers ant
 but few sellers"
 | Question of Rents. | And rents have gone up at ar alarming rate, I might say. Especially l is this tru of business property. Rents have jumped up so until the rent ques' | tion has itself become a serious ques' tion Even when you consider the al most abnormal development of city ! property the men who own 1t are now drawing a fine return on what they believe their property is worth and | they are drawing splendid income when one considers the amount in- vested in the property. Still, If we don't get a new retail district l don't
 know what Is going to become of us real estate men.
 Nevertheless as fast as the city oi
 Montgomery has developed it has moi developed faster than the real estate | business More men are engaged in Il than ever before in the history of the city, more capital Is represented in Il than ever before and more money was
 made in 1t last year than ever before | Several of the firms in the business I have appeared in one way or another | in these articles, but they by no means represent the whole of the real estate ibusiness of the city. Others who are actively engaged in the trade are Chandler and Douglas, J. J. Pierce and Company, J. F. Roberts and Son Chandler and Powell w. z. Holt ana Son. M. M. Sweatt and Company, Ben | iamin F. Haredman, Ivey Brothers Realty Company, Warren and Campbell : w. A. Saffold.