The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1908-12-30
REVIEW OF WEEK.
Industrial Enterprises Show Promise
for New Year.

Columbus. Ca. December 29.-(Spe-
cial)-The Georgia and Alabama In
dustrial Index will say tomorrow in it's
regular weekly issue:
In the business calendar of Geor-
gia and Alabama, the new year vir-
tually began on Monday, for that day
was marked by the resumption of
numerous enterprises that had given
their employees holiday for a great
part of Christmas week. The festivl-
ties incident to Christmas are prac-
tically at an end and the new year,
with its promises and possibilities,
now looms large In the business
thought of the nation. In Georgia
and Alabama some very ambitious
plans have been laid for business en-
terprises in 1909, and prominent
among them are waterpower, inter
urban railway and mining enterprises.
Large waterpower developments have
been planned for both states and in
dications are that electric railway
lines connecting several of the larger
cities will soon be constructed. In
the iron and coal fields of Alabama,
in which normal conditions now exist
again. there will be heavy invest
ments of capital in the way of develop
ing present properties, while a good
many entirely new mines are to be
opened. The mining activity will not
be confined to Alabama however, for
only during the past week there were
important deals in Polk county, Geor-
gia, whereby iron properties pass into
the hands of new companies which
will develop them thoroughly A new
marble company applied for charter
in Cherokee county. Georgia.
THE last week of the old year was
not without its features of interest in
the two states. Twelve new companies,
with aggregate minimum ca pital stock
of $751; 300, applied for charter An
nouncement was made of new tele-
phone exchanges for farmers at
bonneville. Ca Munford, Ala, and
Madison county, Alabama, this mean
ing that numbers of rural lines will
be built in those communities. Ref
ing desire of the farmers in Georgia
and Alabama for telephone facilities,
and the instances above quoted are
interesting as illustrating this tend
ency.
Savannah, Ga, is planning nearly
5000, 900 of street paving in 1909, the
streets and lanes committee of the
city council there recommending the
construction of nearly five miles of
pavements. New banks will soon
open at Guntersville, Ala, Apharetta,
Ca, Standing Rock, Ala, and ITALIA
poosa, Ga. Chattooga county, Geor-
gia. voted bonds for the construction Of
a S55 900 courthouse. A 100000 bot
Ting company asked for charter at
Athens, Ca, as did a $4,000 fertilizer
manufacturing company at Savannah,
Ga.
"A large tract of land in Autauga
county, Alabama, was sold to a Rhode
Island investor for $4,000 cash. Way
cross, Ca, people are among the pur-
chasers at a reported consideration
of $40, 900 of extensive timber privileges
in Baker county, Florida. Organiza-
ton of the Fairburn and Atlanta Rail
way and Electric company was fully
perfected and the directors were au-
thorized to build the road Bids will
be opened in a few days for building
Wesley Memorial church, great Meth
odist institutional church in Atlanta,
Ga. Bids for erecting a $250,O00 sea
wall near Mobile, Ala, were received
in the office of the United States en-
gineer there.
East Point, Ga, viii install water
works and sewer systems. AT Mont
gomery, Ala, an $4,000 soda fountain
manufacturing company was charter
ed. Cullman county, Alabama, ordered
an election on the issuance of $147,-
900 of road improvement bonds. A gov
eminent expert who inspected lands
in Mobile county. Alabama, said that
they were splendidly adapted for the
growing of high grade wrapper to-
bacco. A new cigar factory will open
January l at Brunswick, Ca"