The Montgomery advertiser., 1907-04-13
BUILDING IN SOUTH
M MARKED INCLINATION TOWARD
 ENHANCEMENT APPARENT.
plans for New Railroad Construction for section and Structural Work In Vari0us Cities are Be-
 Ing AnAounced.

Haltimore. April 12.--(Special.)- There seems to be no marked inclina- lion toward retrenchment in productive activities in the South. according 10 this weeks issue of The Manufacturers' Record. nor in undertakings naturally manifesting the increase of wealth in that section. Few. if any, cities there show any relaxation in building opera lions which have for months been marked feature of Southern develop ment During the past month, for in- stance, permits representing $393.lSs, of which $376,964 wer for new struc- lures, were granted for new build- ings and improvements at Birmingham. Ala, and similar undertakings repre- sented $l,179, TIT at Washington, D. C.; S363,S57 at Louisville, Ky; $247,S35 at Dallas, Tex; $215,S44 at Nashville, Tenn; $441,311 at Memphis. Tenn: t9s.1s0 at Chattanooga. Tenn, and t7<.175 at Knoxville, Tenn.
 Another sign of these times, when there is so much talk of a limitation of railroad energies, is the fact that car works in the South which has just about completed a contract for S55 ears for the New Orleans and North western Railway, has been given or ders for 1,800 cars, including 800 dump cars for coal and ore for the Illinois Central Railroad and 500 flat cars for Lu6 1uiI du0 0ilP IcldiiA Isoih Soo" NAAs Central Railway, one for 200 stock cars Tor the St. Louis, Brownsville and Mext- can Railroad and one for 5000 tons of steel rails for the Norfolk and West ern Railway are among other reported provisions for the future.
 Equally hopeful are plans for new railroads in the South. Among these, IS indicated by the charter movements. are the Savannah and Southwestern Railroad. to build about 250 miles from Savannah Ga, to Apalachicola, Fla, and the Gulf: the Kentucky Highlands Railroad to build line about thirty miles long from Frankfort to Versailles and Lexington, Ky; hundred-mlle extension of the velasco, Brazos and Northern Railway from Anchor to Hampstead, Tex, with twenty-mlle branch to Houston; the Panhandle Short Line Railroad to build 270 miles from Hereford to Stanton, Tex; the Kansas City. Oklahoma and Gulf Rail- way to build 110 miles from the north ern boundary of Texas to Athens, Tn that State, and ultimately to Galveston; the Brandon and Laurel Railway to build sixty-five miles from Brandon to Laurel, Miss; the New Iberia, St. Martins and Northern Railroad to build thirty-five miles from New Iberia to Port Barre, La; the Macon, Americ ls and Albany Electric Railway to oper- ate line 100 miles long connecting the three Georgia cities named an electric railway looking to connecting Wash ington, D. C., with Fredericksburg. MI. and Gettiesburg, Pa, and two exten- sions of railroads in West Virginia. The growth of financial institutions In the South shows no abatement During the past four weeks I'll new banks or trust companies have been organized there. This is an average of moro than forty each week, and 1t shows that the remarkable development of all lines of industry in the South is compelling provision for banking fa- cilities at many interior points. some of which have never before enjoyed them. A large number of these banks fact demonstrates that people are be- are institutions of small capital, which fact demonstrates that people are be- coming used to avail themselves of banking accommodations and to ap- preciate the convenience and security of the financial institutions.