The Montgomery advertiser., 1908-08-19
PROGRESS OF TWO STATES.
Development of Industries in Alabama nm
 faeorefa -

Development of Industries in Alabama ana
 GeOrGia.
 Georgia and Alabama Industrial index viii say tomorrow in it's regular weekly is- sue:
 "A week of steady progress in the states of Georgia and Alabama is recorded and while 1t was devoid of spectacular features yet 1t was characterized by the letting of substantial contracts. by the announcement Of still further municipal improvements in various progressive cities and by many in- mind the strength and abiding character of the industrial development that Is now on in full swing in this favored section Of tracts awarded were those for building at Auburn. Ala agricultural hall that will be credit to the state of Alabama: a $S0.000 courthouse at Tuscumbia, Ala. and a 900 school building at Elyton, Ala
 Both states were interested in the an- nouncement that representatives of the Car negie- Schwab interests have secured options on much valuable iron ore land in north quently be formed. with headquartsrS at Summerville. Ga. and that probably in con nection with this development a steel mill will be established at ChattanooKa Tenn Over in northeast Georgia. a New York gold mining company which has been test ing ore on property 1t recently bought will install $200.O0 smelling plant and will begin work in earnest to wrest the precious metal from Mother Earth
 Tn the Birmingham Ala. district the eaitaltzation of new corporations there and the Increase in capital on the part of old- CT concerns in that district during seven months of 1908 aggregate the imposing sum or Sl5,sOl,60O, Illustrating how the great Alabama mineral district is attracting in- Vestment That Georgia Is keeping pace with her now full grown daughter is shown by the fact that taxable values there show an increase over those of 1907, notwIth standing the general financial depression at the beginning of the year and also the lo cal problems peculiar to the state Tn two counties alone. Fulton and MuscoReA of which Atlanta and Columbus, respectiveIy are the county seats, the increase in values over the tax returns of 1907 totals the hand some sum of $S. O0o. 900.
 Real estate continues active and one series of transactions of peculiar interest Is the sale of twenty nine farms in south who visited that section prospecting A successful land sale had at Cnipiey Ga. which only few months ago lay pros, trate from the cyclones visitation. Contra ct was let at Atlanta, Ga. for the preliminary work on great institutional church of the Methodist denomination. The Georgia leg lslature granted the city of Atlanta author tty to issue $l, 800, 900 in bonds for munIei- pal improvements. and the Georgia rapital Is usually not very backward in taking ad- vantage of such opportunities for improive ment. work begins this week on a four story hotel at Montgomery. Ala. It is stated that within a year electric cars will be runnine between Mobile. Ala. and Citronelle Ala the capital required to build the line over \ half million dollars being furnished most ly by Louisville and Cincinnati investors An oil expert who has been prospecting in south Alabama declares that the prospects, for a great oil development there are flat