The San Francisco call., 1898-08-14
REMARKABLE GROWTH OF
 BUILDING AND LOAN
ASSOCIATIONS OF THIS STATE
Interesting Facts and Figures Re garding Their Work as Home
 Builders and Makers.

California industries of all kinds have had somewhat of a phenomenal devel- opment from small beginnings. They have in many directions grown to CO., lossal proportions.
 The Call finds this strikingly true of Building and Loan Associations in this State.
 During the past year over 1900 new houses of various sizes have been erected by the agency of these asso- citations. There are 153 of these Build ing and Loan Associations in the State which have thus contributed to the en- largement of our material interests on the line of real estate investments. The Continental Building and Loan Asso- citation, 222 Sansome street, has an en- viable record in this direction, having been instrumental in erecting over one eighth of all the dwellings erected n the State during the past twelve months by these associations. These structures are all gratifying additions to the dwellings of this State and some of them are architectural beauties.
 These associations are important fac tors in the question of progress, because they are the only institutions in the world whose controlling thought and dominating purpose is to make it pos sible for all people to acquire homes of their own, and thus become freehold CTS instead of renters.
 The Continental Building and Loan Association of this city is splendidly equipped for service in behalf of the people, as it has a subscribed capital of $7 7,OO0000, a paid-up capital of $1, ,000,- 000 and a monthly income of $75, ,000 In the business circles of this State the Continental Building and Loan As sociation is recognized and acknowI- edged as the leading organization of it's kind. It is pre-eminent and it's success is simply marvellous. In addi- tion to the homes built by them the Continental has made during the past year 271 loans to parties wishing to inn prove their property or remove exist ing membranes.
 Statistics are not generally consid- cred as interesting reading but in con- nection with this association they tell the story of thrift and enterprise on the part of the people, who are ever seeking to advance their interests and secure to themselves homes which they can call their own. Without the aid and cooperation of some such agency as the Continental Building and Loan Association this would have been inn possible for many people who are own CTS of happy homes to-day.
 There are hundreds of families abid ing in happy homes which they own and which have been secured to them through the loan department of this as- sociation. These loans are promptly made and upon the most favorable con- ditions. They are not alone in the interests of the association, but con- serve the best interests of the parties who desire to erect dwellings of their own. The terms upon which these loans are made are such that every man who desires to build and is will ing and able to work can do SO profit ably All well conducted Building and Loan Associations are friends of the people inasmuch as they are home makers and 1t is the duty of all par ents to provide a home for their chill dren.