The Montgomery advertiser., 1908-10-28
INDUSTRIAL DEvELoPNrENr.

Columbus. Ga. Oct 37-(special )-The Georgia and Alabama Industrial Index will say tomorrow in it's regular weekly issue:
 ', ''The most important industrial event of the week just ending was the announce- ment by President Hoadley. of the Alabama Consolidated Coal and Iron Company. that his company is to build a q, 1000, ,OOO steel and wire mill at Gadsden. Ala. Mr Hoad- ley, whose office Is in New York. has just and made announcement in Gadsden last Saturday of Its plans He spoke quite op- ttmistically of the future of the iron and steel industry in Alabama.
 Industrial developments in Alabama were by no means confined to its great mineral roM.na. be. belt however, for down in the pany was formed with a paid-in capital of $50o.ooo and authority to increase it to ,bs to dsSsi0P the Wetsrpowst of the company is the Choctawhatchie River Light and Power Company and It's plans. which are quite ambitious contemplate fur nishing light and power to several cities in and towns in that section of Alabama. Its headquarters win be at Dothan.
 Among the interesting contracts award cd was one by the board of education of Floyd County. Georgia, for the equipment. in full or in part of fifty-two school houses with desks and other furniture. It was just few years ago that such a con- tract would have gone to the north as a matter of course. and the changing condi- tions are illustrated by the fact that the contract, which involves several thousands dollars. was captured by a Columbus. Ga. school oeak company The south Is now ftll- ing nearly all of its wants along that line.
 ''Ons of the biggest timber deals of the year was consummated when Americus. capitalist bought for sl71. .O00 71.0o0 acres of timber lands along tho Georgia- Florida line and a company will be formed to develop 1t An interesting land sale was that of farm near Ocilla, Ga, for $2O.00o. which was $76 per acre.
 "The new corporations formed during the week in the two states number two dog en and the total minimum capital stock lacks but little of being s1.0o0.000.
 "A $50, 900 mattress manufacturing com pany was incorporated at Macon. Ga. At Triton. Ga. a S75.ooO company will develop a deposit of fine clay. manufacturing press ed brick. A pipe plant is to be established near Tuscaloosa, Ala dormitoFy will be built at Adairsvil!e. Ga. Contract for addi- tional sidewalk paving was let at AnniSton.
 "As a result of heavy orders from Cuba. cast iron pipe foundries in the vicinity ol Birmingham. Ala. are now working over time. The list of tesuming industries is sweilcd by additional recruits every week, cotton mills and lumber plants being among | those which started up during the past week. The shut down was not an unmixed evil In all cases, for announcement ia made that a quarter million dollars was spent in | improving and enlarging one Georgia cotton 1 factory during the period of Inactivity. South Alabama was tho scene of a | big milling and timber deal. the plant of l the Lindsey Lumber Company and so, ,00O | acres of land. together with fourteen miles l of railway. at Pollard. selling at a reported | consideration of S350. 900. Near Douglass. Ga, a tract of land which ten years ago age of $1s so per acre.
 Announcement Is made that a Chicago company has purchased a tract of land on the west coast of Mobile Bay, near Mobile Ala, and will develop 1t into an attractive residential section. Several land sales for different Georgia towns are announced"