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From 1879 to 1920, Alaska produced a cumulative total of over $460,000,000 ($6,691,927,500 inflation-adjusted) of mineral production. [24] Alaska was officially incorporated as an organized territory in 1912. Alaska's capital, which had been in Sitka until 1906, was moved north to Juneau.
Historically, the cruise ship business has been volatile. The ships are large capital investments with high operating costs. A persistent decrease in bookings can put a company in financial jeopardy. Cruise lines have sold, renovated, or renamed their ships to keep up with travel trends. Cruise lines operate their ships almost constantly.
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Alaska Regional Hospital on DeBarr Road opened in 1958 as Anchorage Presbyterian Hospital, downtown at 825 L Street. This predecessor to Alaska Regional was a joint venture between local physicians and the Presbyterian Church. In 1976 the hospital moved to its present location on DeBarr Road, and is now a 254-bed licensed and accredited facility.
Cruise ship tourism has expanded rapidly, from approximately 230,000 passengers in 1990 to nearly 1,000,000 in 2006, as cruise lines have built more and larger ships. They sail to Juneau seven days a week over a longer season than before, but the cruising tourism is still primarily a summer industry.
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