The Birmingham age-herald., 1908-08-12
REVIEW OF THE WEEK.
Increasing Activity In Real Estate Is
 Reported.

Columbus, Ga, August 11.-(Special)- The Georgia and Alabama Industrial h. dex will say tomorrow in its regular weekly issue:
 Increasing activity in real estate in the two states of Georgia and Alabama forms gratifying illustration of the re- turn of normal conditions to this section of the south. A great many sales in city realty and farm and timber lands were reported during the week ending today, and many of the transactions were quite substantial in their character, the con- sideration going high into the thousands. While a firm, healthy tone is evident in realty all over the two states, south and showing. lands selling all the way from $1250 to $60 per acre. Numerous tracts of land are to be sold for subdivision, and this indicates that the mind of the in- vesting public is centered upon real estate. for as a rule these sales are not arranged unless they have been stimulated and en- couraged by inquiries.
 Announcement is made that the South ern railway is to resume the work of con-
 
 to Chattanooga, Tenn, suspended during the late panic. Application for charter for the Sparks Western railroad was made, showing that railroad enterprises are getting in full swing in south Georgia again.
 Athens, Ga., which is making such creditable showing these days, having re- gently organized compress company and an oil company, announces plans to build an auditorium seating 2O0O people, and also the formation of a $500, 900 accident insurance company. thus adding still more to the prestige of the northeast Georgia city as an insurance center.
 "A large number of important contracts were let during the week, among them contracts for paving in several cities Rome, Ga, Montgomery Ala, Anniston. Ala, Huntsville, Ala, and other cities are carrying out quite creditable paving prop aganda.
 The organization of four new banks in Georgia illustrates the fact that former conditions of prosperity are returning. Two other new banks in Georgia have just opened their doors. Several new banking institutions have been chartered in Ala bama recently"
 Conditions continue to improve in the yellow pine market, and lumber dealers everywhere in the two states are decided ly more optimistic. The most conserva- tive business men are noting and com- menting upon the steady improvement in business which has been marked for sev- eral weeks and when it Is considered that thls revival Is occurring in the midsum- mer season 1t shows the force of the re- actionary movement now sweeping the 1 country-the rebound from the panic of last Tall and the rather discouraging I months that followed. With the opening ol the rail season. conditions will i'm prove still more rapidly, and after the presidential election prosperity will be in stiii greater evidence. The opinion is ex- pressed In many quarters that 1909 will be one or the best business years in the his tory Of the American people, and the number of enterprises that are now being projected and the extent of the develop iilent that Is under way in Georgia and l Aiapama indicate that these two states VIII contribute their full part and more, | III bringing about such condition"