The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1906-07-20

running order by the 1st of July, 1907.
Before that time we will be called upon
to pay one years taxes, estimated at
$4,000. and interest on your bonded in
debtedness for one year, amounting to
$4,000. All these items mean that we
will have to provide about $4,000 over
and dues to reconstruct our building,
pay all expenses, and carry us until we
are again in receipt of an income from
our building.
Your board of directors estimates
that with the building completed and
fully occupied the annual rent roll
al the. time OF the fire. Making allow
ance for insurance, taxation and other
contingencies, after the building is
again in working. order we should be
earning $4,000 net per annum.
ASSESSMENT UNNECESSARY.
Your board of directors is of the
opinion at this time that it will not
meet the estimated deficiency of $780,
900.
In view of the all-pervading disaster
that has swept our city of San Fran
cisco, it will be well to say word
about the future of the community
There can be no doubt as to what this
time in many years San Francisco had
fairly gotten into its stride when the
nre stopped all progress. This stoppage
peat to you that the boundless posi-
bilities of the State of California exist
now as they did before the 18th day of
April; that all means of communication
not only exist as they did before, but
nave already been improved in many
particulars; that our financial institu-
tions are sound, and are searching for
great quantity of money available for
beneficial use; that the Pacific Ocean
is still at our door, and is still con-
our unparalleled harbor: and that last,
but not least, the courage and vigor
of the pioneers and argonauts of yore
has been born again In our people.
The days Immediately following the
con1agration were dark; disaster and
uncertainty were in the air. Men knew
not 1 where ere to turn, or what to do. but
forts of a committee of citizens col
lected together by our Mayor. to whom
control and system was soon estab-
lished.
ARRIVALS ALL NOTED.
On the 2lst of April the Merchants
Exchange news service was recon-
menced by the receipt at the building
of notice of arrivals OF vessels by mes
sage from our station at the foot of
we had telephone connections with this
station. Shortly afterward we had tel
ephone connections. with our lookout
hall was placed in condition for tenn
porary occupancy as speedily as possi1
pie ana was opened TO our members on
the 23d of May, when we received our
usual telegraphic news advices Both
the Western Union and Postal Tele-
graph companies opened offices on the
In this connection / desire to express
our appreciation of the efforts of the
telegraph and telephone companies to
vice. we extended the courtesies of
our floor TO the San Francisco Stock
and Exchange Board and the San Fran
situations transacted business there for
five weeks. The Stock and Bond Ex-
change has been doing business since
the 23d of May in quarters In our base
ment. A number of firms have been
permitted to erect temporary quarters
on the second, third and fourth floors
of the building, and every effort was
made to facilitate the opening of the
usual avenues of business.
CoMMENDS EMPLOYEES.
| desire to express the appreciation