History of the Galveston Bay Area build confidence in the safety of the port. One of the most immediate effects of the dike, however, was to increase the salt levels in West Bay, between Galveston and the southwest coastline. Major tracts of the Allen Ranch were liquidated opening up new development around Pasadena and other bayside communities. Commercial fishing for oysters and shrimp grew as a significant area industry. The lumber industry also continued to grow. A sugar refinery opened in Texas city, a paper mill in Pasadena, and other factories in the early 20th century. Following the petroleum discovery at Spindletop (roughly from Galveston Bay)
History of Galveston, Texas Lewis Moody, Jr., a member of one of Galveston's leading families, founded the American National Insurance Company. Two years later, Mr. Moody would further invest in Galveston by establishing the City National Bank, which would later become the Moody National Bank. A military facility by the US Army Coastal Artillery on Galveston Island was established in the late 1890s and construction, which was disrupted by the Galveston Hurricane of 1900, was completed in the early 1900s, with the facility being named Fort Crockett in 1903. During the First World War, Fort Crockett served as a US Army artillery training center.