Arizona citizen., 1878-11-23

HADf1 Of Oh0l- fEf5ONuiS-lN
 terests TT hrizoHa-RGIways
 Exciting Attention and their
 Progress-Tmes in
 General
 SAN FRANcIsCo, November 9.-Whh money more lentiful and interest low. CT Tn secure loans than ever before. the cry of hard times prevails During few weeks lately when stocks were active and prices much higher than for long time previous, business was quite bunyant. l. is a curious fact though a certain one, that mininc stocks in this great commercial city influence more than any other article Of traffic, business in general. IL is also another curious fact that the sell. ing price of mining stocks rarely cor. responds to the condition or prospects Of the mines they represent Itis thus seen that an article which is not bought and sold on actual worth. most largely influences the price, sale and exchange of most kinds of other prop- erty of known value-including real es- tate and nearly all the articles of mer- chandise generally termed goods. '' When stocks are active and selling at figures far above their acknowledged worth by the dealers, money circulales most freely among all classes; people live most extravaganJly; the most ex- pensive dwellings and business blocks are erected; and generally adventurous enterprise takes the place of prudent business. And il is almost incredible to the average person resident beyond this city few miles, the extent to which this stock mania pervades the people here without distraction of standing either financially or other wise. Divine and secular educators no less than the common or less pre- tenlious moral people take an interest in stock deals and sales generally. l. is THE TALK of this city. Other subjects seem to be incidental and cer- tainly secondary in the San Francisco mind. This is nowhere more apparent than in the family circle. Notwith- standing ihe general dull times of a few years pasl, there have been elegant, substantial and therefore costly i'm Dr~---rp~--s-- Er' UFI7S-t-f- ---.s-s-- s--,,s-ss- wluuTu tue pEst TWO yeats.i These improvements consist in dwell ings, business buildings for privaieI and public uses, stree. railways and generally the means of ingress and egress from this city; but just now, few costly structures of any kind are in progress. No city of is size in this, nor perhaps any other country, has so many fine hotels and lheaters as San Francisco. but both these means for subsisting and amusing the people seem to have reached not only the present demand but that of a few years to come. The same may be said Of churches. Oakland which many term a San Francisco suburb, is growing with remarkable rapidily. Costly buildings for all kinds of merchandis- ing, for dwellings, for various public purposes including divine worship, are going up in all directions. From Haywards to north of the University a distance of about fifteen miles-a city with all its necessary ant orna- mental adjuncts is rapidly growing and real estate becoming more valuable. Every Pacific State and Territory is helping 10 build this city. B. W. Reagan of Silver King fame, is not content with a costly residence and spacious and highly ornate grounds, but has a commOdiOus church nearly ready to turn over to a religious society as a gift. H. c. Hooker has recently erected a beautiful and truly com tortsble dwelling and out houses Levi Bashford contemplates ihe ac ouisition of fine property in Oak land These Arlzonans are mentioned because they are so well known many others having greater or les interests here; and they serve 10 illus trate how it is that with very dul
 times in California including SaT Francisco. Oakland is growing rapid ilv and solidly. The whole Paclh'
 oast nuts some Of ils money in prop
 er,v among these perennial lawns an'
 flower beds.
 ! Having but few days to remail here and some needful personal al :: fairs to look after, my observation {, have been mainly of a general charaC
 ter have not specially hunted Il :: men interested in Arizona affairs; 0n 2 so much attention is now directed t 'itbe Territory that one cannot ayol meet,ng many who now have or 's 9 expecting to soon have interests there l. Mr P R. Fully was seen eXamin'n D the costly and attractive jewels
 Anderson S Rardolph's. Col. Jamt M Barney was found in his bushes i rooms. second floor on corner Caiiio !, mia and SanSome, busy with tn h extensive business grown up in "a Il Francisco and New York, in come lion with the famousiy rich oil''