Monday, Dec. 29, 1924

Florida

The boom in Florida has apparently far from spent its force. The state is about as large as New York, Massachusetts and Rhode Island combined, and has 20,000,000 acres of untouched fertile soil. The increase in value of all property in the state from 1912 to 1922 is estimated at 162.9%--a record second only to that of North Carolina, with 175.7%. Population of Florida cities has increased swiftly in the last four years. Jacksonville has grown 36%, from 91,000 in 1920 to 125,000 in 1924; Miami 153%, from 29,000 to 75,00; Tampa 93%, from 51,000 to 100,000; St. Petersburg 110%, from 14,000 to 30,000, and Sarasota 365%, from about 2,000 to 10,000. The latter city last June had a population of only 3,500. Realty sales in the State have run for weeks at $1,000,000 a day, touching $2,500,000 a day at times.