The Birmingham age-herald., 1908-10-28
REVIEW OF WEEK.
J. H. HoadIey Provides the Industrial
 Sensation.


 Columbus Ga., October 27.-(Special) Index will say tomorrow in it's regular weekly issue:
 "The most important industrial event of the week just ending was the an- nouncement by President Hoadley of the Alabama Consolidated Coal and Iron company that his company Is to build a $2,O00,00O steel plant and wire mill at Gadsden, Ala. MT. Hoadley wh ose office is in New York, has just been on a visit to the company's prop critics and made announcement in Gads- den last Saturday of his plans. He spoke quite enthusiastically of the future of the iron and steel industry in Ala bama.
 Industrial developments in Alabama were by no means confined to its great mineral belt, however, for down in the south eastern corner of the state a company was formed with a paid-in capital of s5O0.000 and authority to in- crease it to $1,000,000, to develop the water power of the Choctawhatchie river. The name of the company is the Choctawhatchie River Light and Power company and it's plans, which are quite ambitious contemplate furnishing light and power to several cities and towns in that section of Alabama. Its head quarters will be at Dothan.
 Among the interesting contracts awarded was one by the board of edu- cation of Floyd county, Georgia, for the equipment, in full or in part, of 52 school houses with desks and other furniture. It was just few years ago that such a contract would have gone to the north as matter of course, and the changing conditions are illustrated by the fact that the contract, which involves several thous- and dollars, was captured by a Colum- bus, Ga., school desk company. The south is now filling nearly all of its wants along that line.
 "One of the biggest timber deals of the year was consummated when an Americus, Ga, capitalist bought for s171 900 71,O00 acres of timber lands along the Georgia Florida line, and a company will be formed to develop It. An interesting land sale was that of a farm near Ocilla, Ga, for $20 900. which was s75 per acre.
 "The new corporations formed dur ing the week in the two states number two dozen and the total minimum cap ital stock lacks but little of being s1.0Oo.OO0.
 "A s50 000 mattress manufacturing company was incorporated at Macon Ga. At Triton, Ga., a $75,Ooo com pany will develop a deposit of fine clay, manufacturing pressed brick. A pipe plant is to be established near Tuscaloosa, Ala. A dormitory will be built at Adairsville, Ga. Contract for additional sidewalk paving was let at Anniston. Ala.
 "As result of heavy orders from Cuba cast iron pipe foundries in the vicinity of Birmingham. Ala, are now working overtime. The list of resum- ing industries is swelled 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 is made that a quarter million dollars was spent in improving and enlarg- ing one Georgia cotton factory during the period of inactivity.
 South Alabama was the scene of a big milling and timber deal, the plant of the Lindsey Lumber company and 30,000 acres of land, together with IA miles of railway at Pollard selling at reported consideration of $s5O, 900. Near Douglas, Ga, a tract of land which 10 years ago brought only s1 per acre sold for an average of $19.60 per acre.
 Announcement Is made that a Chi cago company has purchased a tract of land on the west coast of Mobile bay. near Mobile, Ala, and will de- velop 1t into an attractive residential section. Several land sales for diff ferent Georgia towns are announced"