The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1907-01-18
Deposits of 100000.

net IONSHuc VI 91JOpI-'o-o- WIZ ~
derived from this assessment
Deposits of 100000.
The banking capital of Pensacola
was increased during the past year
by an addition Of $50 10000 20 the
capital of the People Bank, the
! fiscal institutions OF the city We're
in most fiourishinS condition,
! carrying N round figures, $4,000,
| 10000 in deposits, having passed to
! their surplus accounts more than
/ S1OO,O00.00 and paying 10 their stock
/ holders dividends of about ten
per cent upon their total capital
! The present year viii witness
/ the enhancement OF Pensacola
/ banking capital by the addition
/ of the 5000 100000 capital of the Pom
sacOla Bank & Trust Company, which
will commence business about the
| first OF the coming month and also
/ an addition Of 500 600 70 the capital
of First National Back.
While the fishing fleets were badly
| crippled in the September storm, the
! fishing industry still, continues one
I of the greatest of PensacOla's indus
tries. and Pensacola remains the
leading fish market on the Gulf Of
Mexico.
Naval Stores Industry.
! During the past ten years, the naval
stores industry has been one of the
most potent factors contributing 10
| Pensacola commercial and industrial
prOpriety Year by year this indus
try has been increasing by leaps and
bounds, and while it is Impossible TO
secure accurate statistical data upon
which to base concise statement OF
the extent of the industry. II may be
! cOnservatively stated that Pensacola 5
naval stores business for the year
, 1906, represented a total OF Sc, 500 600
During the year 1906. two indus
= tries. in a measure allied with the
. naval stores industry, were estab-
lished in Pensacola. and are both in
. full operation now and employing a
. number of skilled laboreTs. The first
of these industries located here was
VI. A. Baker e. Co, eOppersmiths and
) manufacturers of turpentiEe stills, the
second one was Boyd d Co, MANI
factuTers of portable sheet iron chin
news and firepIaces for use in turpen-
tine and logging camps.
Activity in Real Estate Market.
The activity in the rea! estate mar
ket of Pensacola during the year
1906. was remarkably great and may
be regarded as another index to Pen
/ sacOla's progress and prosperity. The
; transfers of real estate for the year
numbered about 1000.
New Public Schools
Pensacola's public school facilities
were greatly improved and added 70
during the past year. Within a few
= months a commodious, mOdernly con
L structed and equipped building for
the high school grades will be com
= pleted and occupied.
The private school facilities of Pen
sacola are being constantly added TO
/ and improved. At the head of these
2 private institutions may be mentioned
the Pensacola Classical School, Pro
) fessor H Clay Armstrong, principal
) and the Pensacola Business College
? Professor W. d. Sears. principal.
I Estimated Population 1880.
= An exact statement as to Pensaco
8 las present population IS Impossible
in the absence Of a recent accurate
; cencus. but il is conservative 10 state
= that We now have a population OF -,
6 500.
Advertising the City.
: As A result of the limited adveTtis
: ing which has been justified by the
@ means OF the CHdmn6I u NOLAuiSlN x
! during the past three and a half years
d ! | received and replied TO several hun
Y dred letters of inquiry about Pensa
/ cola during the past year These in
r ouiries came from all sections OF this
5 country. and a number from foreign
), countries During the same period
{ mailed to persons whose names ant
+ addresses | have accumulated, Severa
/ thousand pieces of advertising mattel
setting forth the advantages and al
3 fractions of Pensacola and adjacen
/ territory. In this connection, Wlsi
o 10 again call your attention TO tn
! great necessity for q systematic cam
3 naign of advertising Pensacola's re
% sources. in order that capital and Ia
hor NAV be attracted here Ar re
= cent meeting of the Chamber com
- mittee was appointed 10 secure DAT;
. bearing upon the pTacticsbi!ity a
(. such a campaign This committee ,
# now procuring all of the deta pGssl
& bic. bearing upon the subject ant
2 will be prepared TO make its repor
e al az early meeting
Need If Hotels,