The Montgomery advertiser., 1909-01-20
MARKED PRospERrTY.
Coed showing Made By Banks ln Geor.
 Eln and Alabama.

| II
 Coed Showing Made By Banks ln Geor. l gis and Alabama.
 Columbus, Ga, Jan. 19--{Special)-- The Georgia and Alabama Industrial Index will say tomorrow in its regular weekly issue:
 ''The marked prosperity of the bank ing Institutions of Georgia and Ala bama. as shown by the reports read st the annual meetings of the banks, just held. forms q strikingly Interesting | feature of the business news of the past week in the two States. The bank that does not make a good showing for its 1908 operations is the very rare ex- ception to the rule. Practically all the banks report satisfactory earnings. and in a great many instances the net re- suit of the years business is extreme ly and unusually creditable. Eight per cent dividends with the banks of the two States have become absolutely com mon- n-place. and the number of ten per cent dividends that have been de- clared Is very large, while almost without exception the surplus and undi- vided profits accounts were increased. In addition to the fine reports from es- abolished institutions. it Is interesting to note that new banks are to be open ed at Cordele, Ga, Edwardsville. Ala, and Wylam, Ala. A bank at Anniston. Ala, IS 10 increase Ath GapiLAA btoSk from S100.00o to $150,00O. and one at Samson, Ala. from $a5,0o0 to s60.o00. A bank at Augusta, Ga, is to erect a handsome building at an early date
 "The possibilities in hay-growing in Alabama are illustrated by the fact that an alfalfa club at Uniontown. in that State. recently declared s4 per cent dividend. In Colduitt County. Ga. a farm sold for s20.000.
 AfAwa VI piled for charter during the week. and a good many new mercantile firms were formed. Many business changes are taking place all over the two States, incident to the beginning of the year and also to the revival in trade and industry!
 Atlanta. Ga. is to vote on the is- suance of $2,o0O.0o0 of, bonds for municipal improvements. Bullock Coun. ty, Ala. has sold it's s1oo.ooo Of road improvement bonds at a handsome premium. Various cities and counties in Georgia and Alabama have under consideration bond issues for public i'm" provement work.
 Farmers in Ebert. Lincoln. Wilkes and Oglethorpe Counties. Ga, are plan. ming extensions of existing telephone lines and the establishment of new lines so as to give them system ren QerlnE easy aHO convenient The telephone Is a city con- venience that the farmers of Georgla and Alabama are rapidly adopting judging by the many extensions of rN- ral lines now being planned.
 Announcement Is made of cotton mill for Forsyth, Ga. a lumber plant for Augusta. Ga, a pottery for Coosaoh, Ala. new lumber companies at Geneva, Ala, and Greensboro. Ala, and plane to rebuild a lumber plant at Valdosta, Ga. Augusta. Ga. has let the contract for e steel bridge that will span the Savannah River. Plans are being drawr for a $125,oOo concrete apartment house at Birmingham, Ala. A Brunswick, Ga company received contract to i'll a large order of piling to be used by the United states Government in the canal work aS Panama A Columbus, Ga. show case company made a substantial increase ir its capital stock"