The Birmingham age-herald., 1921-02-26
For Good of
 the Community

Birmingham The weed does not thrive here The soil is inimical to 1t. The croaker finds no listeners and he who comes with crOak loses 1t if he remains long.
 A New York capitalist came to Bir- miEgham a few days ago with a friend, who has made large and substantial in- vestments here. 1t was trip of recrea- tion. Before these two had been here twelve hours he expressed his astonish- ment at what he had seen and summed 1t up by saying: Tt is the most remarkable situation in the country
 He became so<interested that before he left he had gotten all the data about Bir- rningham available. He loaded himself down with statistical details about bank clearings and deposits, about investments of new capital the past several years, about the Warrior rivers, depth, equip ment and freight differentials, about gas, water and electric light meters, street car traffic and tax rates.
 That kind of man will be heard from. He has seen with his own eyes and gotten the data that tells the story. He would not consent to an interview, but he said quietly: Birmingham in ten to fifteen years will have population of half a million"
 The Alabama Home Building and Loan association has just voted 3,000, GOO increase in capital stock because de- mand for home acquisition, both resi- dence and storehouse, necessitated the in crease. In twelve years it has grown from a $2, GOO, 900 concern to $9, ,000, 900 one. It has grown because Birmingham has I0t, IoI fc I h1 tat is where expansion naturally flows from well-conducted enterprise.
 Port of Birmingham will soon have three times the present loading and un- loading capacity with the installation of "a new derrick and hoisting apparatus. It will be able to handle 2,O00 tons in tWen- ty-four hours. That will keep the new self-propellers going and coming between Birmingham and Mobile with the pre- cision of express trains.
 Birmingham central property is one of those possessions which the owner finds 1t difficult to keep unto himself. Some other fellow is always snooping around and offering more than the owner paid for it. He just has to disgorge at the profit.
 J. Fl. Loveman has bought the 25 feet on Eighteenth street formerly occupied by the PeOpleS PhOne company ana JO the rear of the Loveman, Joseph & Loeb establishment.
 On the same day the Rialto theatre building on Third avenue changed hands and, that the usual trinity might be main tained, the Best theatre on Second avenue was also purchased. Central business property simply slipped away from the owner on an advancing scale.
 Breckenridge, Texas, a little new oil town, came into the water pipe market for 4,OO0 tons and had it shipped right now. They are moving g, ,000 tons of water pipe to the Pacific coast by boat out of Mobile. If pipe keeps going out in that fashion there will soon be none in stock and the plants must become awfully busy making some more pipe.
 And here comes the F. C.. l. operating as many blast furnaces as it did at any period.of the flush months of 1920 and it is operating it's steel works at Ensley, at Fairfield and at Bessemer five days week. That is going some at time when other industrial sections are on a slow turn.
 On March 5th they will launch the Fair field City, eighth of the Chickasaw 10,- O00-ton Alabama- a-steel freighters, and six