Ameritrade (fka AMTD)

[mnfats]

Sponge industry
Sponge diving mural at the Tarpon Springs Sponge Exchange.

In the 1880s, John K. Cheyney founded the first local sponge business. The industry continued to grow in the 1890s. Many blacks and whites from Key West and the Bahamas settled in Tarpon Springs to hook sponges and then process them. A few Greek immigrants also arrived in this city during the 1890s to work in the sponge industry.

In 1905, John Cocoris introduced the technique of sponge diving to Tarpon Springs by recruiting divers and crew members from Greece. The first divers came from the Saronic Gulf islands of Aegina and Hydra, but they were soon outnumbered by those from the Dodecanese islands of Kalymnos, Symi and Halki. The sponge industry soon became one of the leading maritime industries in Florida and the most important business in Tarpon Springs, generating millions of dollars a year. The 1953 film Beneath the 12-Mile Reef, depicting the sponge industry, takes place and was filmed in Tarpon Springs.[10]

In 1947, a red tide algae bloom wiped out the sponge fields in the Gulf of Mexico, causing many of the sponge boats and divers to switch to shrimping for their livelihood, while others left the business. Eventually, the sponges recovered, allowing for a smaller but consistent sponge industry today. In the 1980s, the sponge business experienced a boom due to a sponge disease that killed the Mediterranean sponges. Today there is still a small active sponge industry. Visitors can often view sponge fishermen working at the Sponge Docks on Dodecanese Boulevard. In addition, visitors can enjoy shops, restaurants, and museum exhibits that detail Tarpon Springs' Greek heritage.