The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1916-01-09
NEW INDUSTRIES
IN DIXIE LAND

Columbus, Ca, Jan. 8.-The Indus
trial Index says in its Issue for this
week:
"The early rays of the rising sun
of the new year send a golden prom
Use throughout business armament
from which the clouds of depression
have disappeared and illuminate a
sweeping activity that is prophetic
of unmeasured prosperity.
''The situation is vastly different
to what it was a year ago. Then,
with the rising Of the sun behind all
enveloping clouds, business activity,
a prisoner and well-nigh paralyzed,
listened for the tramp of the firing
squad.
"The conditions have changed won
derfully. The war, which brought
the depression, was the first cause of
business revival. Orders from abroad
began to accumulate and to multiply.
There was wonderful demand for
products of many kinds, and the
values of the country's exports were
swelled to the greatest sums in our
history This section began to raise
food products at home, and here, as
elsewhere, a return to prosperity was
begun at a steady pace. Factories
are in operation everywhere. Bank
clearings are increasing literally by
leaps and bounds. Everywhere there
is activity and improvement.
"And in all the vastly improved
situation, there is nothing more IA
vorable or encouraging than the fact
that people are expecting prosperity,
believing that their expectations are
we'll founded.
"There was no way of estimating
how far down into depression the war
in Europe might send business in this
country. The great change in con-
ditions so works also that there is no
way of measuring the height of the
prosperity that will come.
"a great sugar refinery is to be
established in Savannah, Ga, by
company with capital stock of So
5000, sugar refners of national
and eastern capitalists
who have large investments in the
South, being interested.
CONTRACTS have been awarded by
Miami, Fla, for dock construction
and harbor improvement at an aggre-
gate cost of $398,508.
Tampa, Fla, has awarded a con-
tract for street paving at an approx
mate cost of 100000.
'Railroad extensions are to be
built in eastern Georgia and in south
ern Georgia.
columbia, S. c., sold 100000 Of
bonds and Jacksonville,
Fla, S250,O00, both sales having been
at substantial premiums.
"a total of Sc corporations have
been formed.
Among the items of construction
work to be done are:
Apartment houses, Clarksdale,
Miss, and Greenville, S. c.; bridges,
Miami, Fla; church buildings, Balm
bridge, Ga, addition, Griffin, Ca, and
Piedmont and Sulligent, Ala; club
house, Moultrie, Ca; factory build
ing, Orlando, Fla; fraternal build
ings, Clayton, Ala, and Orlando,
Fla; paving, Griffin, Ca, and Lake
land and Tampa, Fla; library build
ing, Ocala, Fla; garages, Conyers
Ca, and Robertsdale, Ala; sewer
system, Key West, Fla; school build
ings, Bailey, Ga, and Sumter, S. c.;
waterworks systems, Clarksdale, |
Miss, and Cullman, Ala. Arrange
ments are being perfected for begin /
ming construction of an eight-story
hotel building at Miami, Fla, and of |
a hospital building at Macon, Ca.
CONSTRUCTION contracts have been
awarded as follows:
Apartment house, Birmingham,
Ala; bridge, Dallas county, Alabama;
church building, Florence, S. c.; fac
tory buildings, Huntsville, Ala, and |
Lakeland, Fla; paving, Birmingham, +
Ala; school building, Larkins, Fla;
sewers, Pensacola, Fla; roads, Lee