Statewide-Bibb-Sumter County GaArchives News.....GEORGIA THRIFT May 9, 1890 ************************************************ Copyright. All rights reserved. http://www.usgwarchives.net/copyright.htm http://www.usgwarchives.net/ga/gafiles.htm ************************************************ File contributed for use in USGenWeb Archives by: Clyde Watson clyde.nell@gmail.com December 9, 2008, 12:29 am Savannah Morning News May 9, 1890 GEORGIA THRIFT 9 MAY 1890 The taxable value of property at Lawrenceville aggregates nearly $175,000.00. The little son of E. S. Edge of Athens is worth about $30,000.00 in his own right. It is again announced that the work of building a new hotel in Athens will be begun this summer. Americus has been decided on as the site for the cotton bagging factory to be built by the farmers" alliance in Georgia. A. Wilson, a grocery merchant of Sparta has made an assignment, preferring some of his creditors. His indebtedness is about $2,000.00. A band stand that will seat twenty or twenty-five persons has been erected under the shades of the trees on the public square in Abbeville. The alliance-men of Dooly county have established a cotton warehouse at Unadilla, having purchased the building of Horne Bros. for that purpose. Thomas Barley will cut up 300 acres of land in East Athens in the rear of Robert Chapples, into building lots, and every purchaser will be given a lot in the new cemetery across the river. Thirty hands are now at work on the interior of the old capitol building at Atlanta. They are cleaning the building from top to bottom. As soon as they are through painters and white-washers will be put to work and quite a change will be made in the old building. Tennulle voted upon the water works question Saturday, and although the returns have not been consolidated, it is known that he vote was for bonds, standing 79 for and6 against. The necessary two thirds was 66 votes for bonds. The council is now in a position to contract for the works. The indications are good for the establishment of another street railway line in Macon at an early date. This is not the recently proposed electric line to run on Third Street, but is something entirely new. It is to be called the Metropolotian Street Railway of Macon. The capital stock is to be $100,000.00. A short time since George Mabry, a compositer in the BANNER Office,bought a little home in Athens for $1,5000.00 This week he refused a profit of $600.00 on the price he paid for it. Henry Bucene bought a place for $2,200.00 and can today get $4,000.00 for his purchase. Tom Bailey recently paid$1,800.00for a vacant lot, for which he can today $4,000.00, He says $5,000.00 won't buy it. The stock holders of the Americus Iron Works Company have elected the following directors: S. H, Hawkins; John Windsor; H. C. Bagley; P. C. Clegg, AT. Wheatlry. W. J. Harper; G. W. Glover; B. P. Philips: F. Lanier; L. Lanier; W. C. Lanier. at a meeting of the directors L. LAnier was elected president of the company, Col B. P. Hollis; vice president; and J. J. Williford secretary and treasurer. Messre: Robinson & Joiners contractors of Americus, closed contracts with the Americus Investment Company Wednesday for the erection of two two story buildings, one at Richland and the other at Helena. They are to be used belwo for store rooms and a banking offices. They will be built on corners, fronting on one street ninety-three feet and eighty four on the other, and are to be of brick. The contractors are arranging to commence work on the Richland building on Monday next. Macon Telegraph: The Georgia Southern is building two side tracks about 1,200 feet long and the Southwestern two die tracks of about the same length, for the new compress. Part of the machinery is already on the ground, and building material is arriving rapidly. There will be about twenty-one car loads of the machinery. All of the working parts are of gun steel and are very massive. One solid casting weighs 25,000 pounds. The platform for handling the cotton will be 600 feet long and 128 feet wide, and will be erected at once. The warehouse will be put up later on. This platform is to be sheltered by a tin roof the entire length. The building of the compress will almost revolutionize the transportation of cotton from Macon. Its power will enable it to exert a pressure of 8,000,000 pounds on a bale of cotton. This great force will compress it smaller than has ever before been possible in Georgia. Two bales will be compressed together and made almost as small as a single bale under the present method. Cotton after it comes from this compress, will weigh thirty-four pounds to the cubic foot. The usual weight of compressed cotton is about twenty-four pounds. Only about fifty of the ordinary bales can be packed in a freight car.; of the new kind eighty will go in. A ship that will carry 6,000 of the ordinary bales will carry 10,000 such as will be compressed in Macon. The bales will be so true and straight-sided that they may be laidn in like huge bricks. Hon. James M. Smith ships forty pounds of golden butter every day from his Oglethorpe farm, for which he receives 25 cents in Augusta. W. A. Cooper, who has a small garden in the suburbs of Griffin, planted one-quarter of an acre in shallots last fall, and has sold from the patch this spring about $75<00 worth. Strawberries are equally as profitable, and there is always a good market for them. File at: http://files.usgwarchives.net/ga/statewide/newspapers/georgiat2648gnw.txt This file has been created by a form at http://www.genrecords.org/gafiles/ File size: 5.8 Kb