The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1912-02-03
FIGURES
ARE COMPILED
BY COMMITTEE
IN ADDITION TO MAKING SOME
VERY IMPORTANT REcoMMEN-
DATIoNs. COMMERCIAL Asso-
CATION COMMITTEE PRE-
PAREs INTERESTING STATISTICS
SHOWING PROGRESS AND DE-
vELoPMENT OF PENSACOLA.

For the information of the public
generally, the following extracts from
the report of the committee on bank
ing, insurance. real estate and taxa
ton TO the board of directors of the
PENSACOLA Commercial Association are
printed.
Some of the statements and statis-
tics contained in the report are of in
terest TO people interested in the city,
no matter what line of business they
may be engaged in. The statistics
showing the value of property in the
city and county and the conditions OF
the banks are of unusual interest and
Will De OF value to preserve for future
reference,
The report. in part, was as follows:
me establishment of, a trust COM
pany IN the city was given careful
consideration, and upon investigation
we nnd that such company is badly
needed. We have consulted with the
heads OF the different banks and finan-
cial institutions, and have concluded
tnat present conditions are not favor
able for its organization with local
capital, and we therefore ask for fur
ther time until we can make q thor
ough investigation.
We recommend that such part of the
report of our former secretary as may
be used in compiling a complete state
ment of all lines Of undertaking in
Pensacola be published, adding thereto
the information collected by this COM
mittee. together with any other matter
bearing on the subject to make a COM
plete statement for the year 1911. and
that some be printed for distribution.
we suggest that a statistical report
OF the imports and exports of the port
OF Pensa cola, and also any other mat
ter pertaining to the growth OF the
city, be kept by the secretary of the
association. and that same to be open
to the public at all times. Such record
to be so complied as to give COM
parative information.
We have looked into the matter Of
fire protection and we find that the
city is well protected, and that the
fire department is well equipped.
There are six stations. favorably To-
Gated, and the department consists of
81 men and officers. Two steel stand
pipes, 1873 feet high, give 20 pounds
pressure, which in an emergency can
be increased to leo pounds or more,
by connecting direct with the power
pumps at the pumping station. These
Pumps have a daily capacity OF $780,
600 gallons. We are looking into the
rates of insurance and VIII report on
this matter at a later date.
The statistics collected by this COM
r1ittee show the assets of the banks
of Pensacola. December 5. 1911. to be
S6,659.132.36. and January z, 1911. to
be $7,116,161.23. The liabilities on
January Z. 1911, ar ecapital stock
/ 81, 100000; surplus and undivided
profits. $3S0.336.45; deposits $780,
1859; accounts payable $2,134,S62.19.
The statement of. tax assessments.
rate and amount OF taxes for years
1910 and 1911 is as follows:
City of Pensacola.
1910-Real estate subject TO fire
tax, S1O,236.054 at 10 mills, $13S. 0eS.70.
Real estate not subject to fire tax,
seO0.6s9 at 9 IL mills, s5.5564S.
Personal property, S27,007 at IL
mills, $49.751.09.
companies, $7O7,s27 at Is mills.
s9195.25.
Total value. 1851, 0S7; total assess
/, ments, 1897 .571.50.
State and County.
1910-Real estate. $7.356.600.
Personal property, s2,753,310.
Railroads. Telephone and telegraph
Total value. $11.25s,420 at 25 mills,
State tax, sS4.4s1: County tax,
$197 ,o45; total tax, 1921. 500.
City Of Pensacola.
| 1911-Real estate subject to fire tax,
s10.552. 305 at IS mills, $137. 1887.
Real estate not subject to fire tax.
s457 500 at IA mills, $4.234.65.
Personal property, $3,7s9,4S0 at ia
| mills. $49.263.24.
Railroads, telegraph and telephone
companies, $T30,577 at 13 mills
| s3,497.50.
Total value. s15.5so.1ss: total assess
| ments, $20o,175 36.
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