The Birmingham age-herald., 1909-01-13
REVIEW OF THE WEEK.
People of Alabama and Georgia Get
 Down to Business.

Columbus, Ga- January 12.-(Special)- The Georgia and Alabama Industrial ln- dex will say tomorrow in it's regular week ly issue
 That the people of Georgia and Ala bama are getting right down to business after the recent holiday festivities, with a renewed determination to bring to pass many of the projects and enterprises that were under discussion much of last year, is evidenced by the construction and industrial news of the week. An interest ing feature is the realization on the part of many communities that in order to induce outside capital to invest there the home people must show their own faith in the proposed enterprises in the time-honored manner that always indi- cates conviction and sincerity. The city of Macon, Ga, which wants a tourist hotel, and wants it bad enough to get 1t, is illustrating this spirit in striking man. ner. A O,OO6 structure is desired, and the people of Macon have subscribed $147, GOO in cash and also the necessary brick, lumber and other building materials. with this showing, their representative who has gone to New York will doubtless have no trouble in securing the remainder of the money needed, for a demonstration like this is the kind that makes the cap italists sit up and take notice.
 From all over the two states reports continue to come of the good 1908 records of the banking institutions. One of the largest banks in Savannah, Ga, declared that last year was the banner year in its history. The stockholders of a bank at Marietta, Ga, increased it's capital stock from s6C0OO to $100,000. Dividends ranging all the way from to F per cent were paid by the average bank. At Ma rion. Ala, a bank earned 40 per cent net during the year.
 Eighteen new corporations were char tered with aggregate minimum capital stock of s450,o00. Announcement was made of various telephone extensions into rural communities in Georgia and Alabama, and 1t seems that the farmers service idea is quite a popular one with the tele- phone companies now. Among the land deals of interest were the sale of a farm for $3l,000 in Pulaski county, Georgia, and that of a farm in lift county, Geor- gia for $15.0oo.
 Birmingham, Ala, has taken up again the building of an elegant $l0O0,000 hotel, and 1t seems as if the plan will be sue cessfully consummated. The Baptists of Georgia launched an interesting plan to establish a chautauqua at Blue Ridge, Ga. one of the highest points in the state, building there an auditorium sanitarium and perhaps hotel.
 At Wayeross, Ga, a $60, 900 company was chartered to extract and sell products from pine wood. A bottling works at LaGrange, Ga, cold storage plant at Savannah, Ga. necktie factory at Bir- mingham, Ala, overall factory enlarge ment at Rome, Ga.. and fertilizer fac and Midland City Ala. were among the industrial items of the week. Sumter county Georgia called election on the issuance of GOO of road-improvement bonds and Gwinnett county, in the same state, will probably follow suit. A new company was organized to buy and inn prove a cotton factory at Hawkinsville. Ga. Petition for charter for a S10.000 shirt manufacturing company was filed at Dalton, Ga.
 "An announcement of interest to the two states is that the executive commit tee of the Southern Commercial congress will meet in Atlanta. Ga., January 15, to work out permanent plans. This meet ing will bring together some of the lead ing men Tn southern development. The committee is composed of ohn NJ Par ker, New Orleans, G. Grosvenor Dave, Montgomery, Edwin l.. Quarles, Peters, burg, Va, John A. Benjeman, Albany. Ga, John A. Fox, Blythevle, Ark, and Charles Hall Davis, Petersburg, Va"