The San Francisco call., 1906-08-30
EASTERN BANKING
FIRM To BUILD.

One of the most significant develop
ments in connection with the perma-
nent rebuilding of San Francisco is the
Iact' indicated by records filed yester-
day In the County Clerks Office, that
the banking house of N w. Halsey e.
Co. is about to erect on California
street, adjoining the new building of
the Bank of California, a permanent
class building. The special signifi-
cance in connection with this building
is the fact that it will be the first per-
manent building of superior construc-
ton erected in the burned district by
interests not purely local in character
The banking house of N. W. Halsey
q Co.. having its main office in New
YORK. with branches in several of the
most important cities throughout the
country, has been established in San
Francisco for only comparatively
short time. The fact that this firm is
now about to erect for its own use and
Tor rental f1rst-class. freproof build
ing is the best possible evidence that
at least some of the conservative New
York Interests have the utmost faith
In the future of San Francisco and are
willing to back their confidence with
their money.
Cyrus Peirce, local manager for N.
w. Halsey & Co, In discussing the
plans of the firm yesterday stated that
it proposed to erect on the Califor-
MIA street plat an absolutely fireproof
building, 45x124 feet, running through
to Halleek street. and Immediately ad-
joining on the west the new building
which the Bank of California is about
to erect at the corner of California and
Sansome streets, and that while the
final plans have not been definitely de-
cided upon, the principal feature of
the building will be that it will be
absolutely fireproof and as near earth
Quake-proof as modern building science
can make 1t.
1t. is the intention to build of rein
forced concrete. four stories high, with
marble mosaic floors on every story,
and with metal doors and window cas-
ings. In fact. the building will be fire.
proof because there will be absolutely
nothing of 1t that can burn. 1t is the
expectation of this firm to ft It's Of
fees throughout with metal furniture,
which has proven very successful in a
number of the modern Office buildings
The work on this building will be
rushed and it % hoped to have it COM
pleted and ready for occupancy in less
than six months
The Woodruff Company of Buffalo is
the contractor. The ground floor will
be used by N. w. Halsey & Co. for
their own offices and the remaining.
three floors will be rented.
lhe ledi property ana investment
Corporation filed an application yester-
day for a permit to build a. two story
brick building on Montgomery street
between Sutter and Post, at cost of
$1S6,000. Rudolph Spreckels applied
for permit for an sS6,00O building
in the block bounded by Kearny, Webb,
California and Sacramento streets.
Other applications were as follows:
E. Lyons and L. Mayer, Bryant street,
between Second and Third, $4,000;
American Chocolate Company, Bluxome
street, near Fourth. s25 100; E. B. Jen-
nings, First street. between Howard
and Minna, $11,200; Isaac Liebes Broad
way, near Polk street, stable and car
riage-house, $4,000: Ruby Hill Vine
yard Company, Mason street, near
Eddy, $20,000 Ludwig Arnstein. north
east corner of Pine and Franklin
streets, $4,000.