The Montgomery advertiser., 1908-07-22

etc. realty in Montgomery was worth as much today as 1t was a year ago
 Many of the members present have all their capital invested in real estate and when they heard this they appiauded and stamped and offered each other Captain Joseph said the best business barometer in Montgomery was the realty market. that most of the com munifies' capital was invested in realty and the other interests could be judged by it. Not ope scrap of land has been sacrificed. the speaker said. because Of the prevailing financial conditions of the country st large; the market has been somewhat duii.-sas to transferring. but it's value is still at par or over and in the last six weeks had become showing signs of life. especially in the rent branch of the business, and as there were so few vacant houses in town. the building branch had gotten up outeof bed and started to dress.
 This partsof the talk appealed so strongly to Mir. w. IN. Cox that the chairman. reading his expression. asked Mir. Cox to speak on the subject of building and improving.
 Mir. Cox said the Bell Nealy. Teague- Gay, Advertiser! Knowles and Young buildings showed the general public in what condition tlie construction of business houses was in and that the fact that six new houses on Hull Street. not one of them costing less than s. 900. and the fact that everywhere one turns in the city. new houses are seen going up. and old ones being repaired. showed what building and construction was doing. He also spoke of the we'll paved beautifully kept streets, and this part of his talk caused MT. Frank D.Kohn toftell of what he knew about good roads, Mir. Kohn said there were 24o miles of good roads leading to and about the city and that these roads were the key to Mpntsomery's former progress and that they kept the city. in close touch with the agricultural community which held Montgomery its headquar- ters. and objective point. 'For,v said MT. Kohn, las soon as farmer lays by twenty-five or fifty thousand dol lars he moves, to the city to go into businessH Tn several years the city
 has more than doubled its population. In 1900 there were 3e.o0o people here, now an authoritiye source gives the population at s5.O00 sTt's growing. this town, by leaps and bounds And the 100, 900 popuiation of 1910 is an as- Fseference to 100. .ooo.
 The reference to the 100. 900 popula
 tion was too much for Secretary paw.
 and the chairman seeing him fdret
 asked him to tell what he knew abou, | the local situation. a.
 Mir. Dave said America was the richest country in the world. and that Alabama was the richest State in thu Union. only 1t was not half developed yet. He said there were gold minel
 under the-peoples' feet, but the peopi. l preferred looking on to California and | Florida, Oklahoma and Oregon for souie e. thing to talk about and invest in and did not take advantage of. their OWL 1 natural wealth. = $, sf ..@-r .
 He said thesNew England States. had | grown rich of the product in tho rough of the lsoutherH States. and that
 they would get richeFs and richer until
 the people here started preparing tlieii own crude material for market, l Mfr. Dave 9s going to attend ths
 meeting Of the editors of the State ir BessenaAr in a few days and. he hal 1 been asked to address them.
 l He has. accepted and says; he Is go. | Ing to stick fra 10 them and make l them stick fire to their own. communi. | ties so that they twill wake up and
 nous wealth they are kicking about | in the dirt. t
 The secretaries of the Chambers oi | Commerce of the cities of the South. | eastern States are going to meet IT l Chattanooga August II. 12, 13 and fl | and Mir Dave is going to speak ts them, too. but he refused to tell what
 he was going to talk about, Before the. speaking began the fol lowing directors Of the Commercial Club were elected, Messrs F. S., Ball
 J. c. Haas. F. c. Stevenson andJ. T l walker.
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