The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1907-03-06
GREAT DEVELOPMENT.
Much Capital Is Being Drawn to Ala
bama and Georgia.

Columbus, Ga, March 5-(Special 1.-The
Georgia and Alabama Industrial Index
will say tomorrow in its issue for this
week:
A'.DraWn by the magnet of unmeasureG
resources and unsurpassed possibilities,
money for investment in a great variety
of Industrial lines comes into Georgia
and Alabama in unceasing volume. The
splendid dividend-paying results that have
been achieved are but an earnest of what
will be accomplished, and of the mag
nificent future of these two great states
when more water powers have been har-
messed for the generation of electric
power, more mines have been opened to
untouched mineral wealth, more railroads
constructed through territory as yet UNI
developed and more factories built %
transform the raw materials at their very
DOORS These things are being done now
with a rapidity that is wonderful-but
the field is vast and the diversified re-
sources are unlimited, practically
Literally millions of dollars are rep
resented in the industrial Developments
in Georgia and Alabama during the
past seven days Final plans and ar
New York for the development of tho
water power of Anthony Shoals on the
Broad river, thirty miles from Augusta,
Ga, at a cost of over S5,O0,O00 These
plans have been forming for some time.
The Index told of them in August last,
but their completion is an industrial
event Of great Importance. After hav-
ing the matter under consideration for
several weeks, the directors of the Cen
trail of Georgia Railway company have
decided upon plans for shops TO be built
at Macon, Ga, at a cost of over ST.
600 coo. Near Birmingham, Ala, new coal
mines will be opened in a field recently
purchased and a town Will be built. This
will be an investment of over $1,000, GEO.
The water power of Furman's Shoals,
near Mlledgeville, Ga, has been pur-
chased and will be developed by com
pany which will furnish electric power
in Milledgeville and Macon, Ga. and pos
sibIy to the Macon. Americas and AL
bany Electric railway At Bessemer.
Ala. steel furnaces will be remodeled at
a cost of a quarter OF a Million AT
Admission, Ala, steel car plant VIII
he enlarged extensively. The Abbeville
and Northwestern Railroad company Will
build branch line from Unadilla, Ga,
to Montezuma Ga. Plans are being made
for building an electric railway between
Rome. Ga, and adjacent towns.
among nuTnerous other things report
ed by the Index are: Extension of street
railway systems, Atlanta, Ga, and
Huntsville. Ala: 100000 bank, Mobile.
Ala; tile plant birmingham, Ala; laun-
dry, Milledgeville. Ga; capacity of paving
block plant to be doubled. Mobile, Ala,
and one each at Atlanta Augusta, Way
cross and Fitzgerald, Ca; three-story
building. Statesboro, Ga; seventh floor
to be added to hotel building, Mobile,
Ala; block of two-story buildings, FL
berton, Ga; $4,000 Improvement in public
park, Rome, Ga, increase of capital stock
from $4,000 to 100000 by a lumber CON-
pany, Linden. Ala; three lumber plants,
two apartment houses, jail, two churches,
street paving plans in one city. bond
issues. contracts awarded and twenty
four new corporations with aggregate
capital stock of S512,0 600"