The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1906-07-31
HALL \ BILLION.
What New Assessed Valuation in the
south Will show.

south VIII show.
Especial to News and Observcrl
Baltimore. Nd JULY @S--A ses- 4
values IF property i'll the South thi4
year are likely To show an increase
over those Of last wear ~ - least half
4 billion ollar Judging from facts
in such typical States rs Texas.
Georgia, Louisiana ~ Tennessee,
which would Indicate an Increase in
true values OF at least $l.25o. GOO. 600.
From various quarters Of the South
correspondence i'm this weeks issue Of
the Manufacturers Record tells Of
recent progress in the accumulation
Of wealth ana of measures to add
Sill further to the store. Building
permits at Memphis, for instance,
exceeded last month those Of any
month on record and surpassed those
Of the corresponding month Of the
previous year by 100000. While
building undertakings ranging from
$4,000 downward in investment have
just been announced there. not -
mention plans for beginning work
within the next month upon a mill
lion dollar court house.
In the Norfolk, Va. section where
the shipments OF lumber aggregate
700. 900. 600 feet a year so great Is tn"
demand for Labor in construction Of
new buildings that every mechanic
is not only at work. but is receiving
record breaking wages, apartment
houses six or eight stories high with
numerous rooms are rented as fast
as they are completed, old time resi-
dcnccs and business houses are giving
way to tall modern stores and office
buildings and at least LOCO new
houses could be rented with ease.
Charleston. w. Va. is increasing 1T
hotel capacity at q est Of more than
500, 600. and plans hhVc been per
fccted for the establishment at Hunt
ingtOn in the same State, by Il large
iron-pipe concern Of New York state.
of a plant to manufacture iron soil
pipe. radiators. etc, to use 200 tons
of pig-iron q day and to employ ulti-
matcIy 500 men.
Work is being pushed upon inn
proVemcntS that will shortly permit
several furnaces III Alabama, which
are being ~oVcrhaufcd to resume OBJ
eratiOns and the shipments Of iron are
equal to the production there. At
one point in the southern part OF
the state a town Of $50 persons has
within the past five years become ri
city Of 1000, and since the beginning
of spring has spent more than $780,
900 in substantial improvements while
practically evry stream in the coun-
ty has been Spanned with modern
steel bridges. Somerset. to which
the oil output of lower Kentucky is
piped for transmission to West Nir-
gina ref1nerleS, has not a vacant mouse
and is building more than 100 homes.
Within a few months its system or
street railways will be added to its
modern equipments.
In Southwest Texas a tremendous
impetus has been given farming OPP
eratiOns by the spread Of irrigation
and extensive drainage projects are
bringing large areas in Florida under
cultivation.
Recently the DeepWater Railway in
West Virginia has completed eighteen
miles Of construction, leaving forty
seven miles to be built to connection
With the Tfdewater Railway, the Nor
folk and Western Railw;.y has com
pIeted a twenty-five mile branch in
West Virginia, the South n Western
Railway is advancing in North caro-
lima and the Contra Of Georgia Rail
way n the East Coast Railway Of
Florida are pushing construction on
extensions. Extensions Of railroads
are under way, too, IN Kentucky,
Louisiana, Tennessee. Alabama. Mis-
sisslppi, Arkansas and Texas, and the
indications are that while a great
deal Of work Of the kind has been ac-
complished since the first of the year
the railroads Of the South will be
busy with improvements and extern
sionS durfng the remainder Of the
year.