The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-26
BANK VAULTS ARE ALL SAFE.
Tour OF Financial District shows That
Ranking Gan soon BE Resumed.

Tour OF Financial District shows That
Banking Can soon BE Resumed.
OAKLAND, ApriTa5.-A trip to-day through
what wa once the banking and financial
centre of San Francisco showed that while
90 per cent. of the banking buildings are In
absolute ruin the vaults give indications
of being in such condition that their contents
are likely to be found safe when the proper
time comes to OPEN them.
About 10 per cent. of the buildings de-
voted to banking and safe deposits escaped
practically without harm. This holds
particularly true Of the vaults OF the Crocker-
Woodwork Bank, the San Francisco Ma
tional Bank, the Market Street Bank, corner
of Seventh; the Union Trust Company,
the Oake Deposit Vaults of the Mercantile
Trust Company o >San Francisco and bank
ing vaults of the last named institution. 4,
The great vaults Of the California Safe
Deposit and Trust Company are buried
in tons Of debris, but seem to be all right
Tn Canadian Bank Of Commerce, at Cali
fornia n Sansome streets, has been
fortunate in that the lower floors escaped
serious damage.
The Bank Of California will at once put
in a wooden floor and begin to do business
at an early day. It's officials have grounds
for believing their possessions in the vaults
will be found ip good condition.
The Crocker- Woodworth Bank had this
sign displayed outside Of the doors: 'our
vaults are all right" On the face OF the
Market Street Bank this notice was displayed
Bank and vaults in perfect condition.
Opening will be announced by the bank
commissioners
The Hibernia Savings Bank, the largest
a IL LII 4 AI~ tE nlrGanINy
has a force of men cleaning out the debris
Its construction being Of heavy granite
it is believed that its vaults are safe.
The Hibernia Bank is now being used as a
temporary station for the harbor police,
the location being about a mile and a hall
from the waterfront
The Security Savings Bank, on Mont
eomery street, near where che Western
Union offices stood, presents a fairly good
appearance externally, but its interior is
full Of w~reckage, and this has probably
served as a protection to the vaults.
The walls of the San Francisco Savings
and Loan Society at the corner Of Suffer
and Montgomery streets are standing and
this is accepted as a favorable omen in 10
alton TO it's vaults contents.
The o-California Bank vaults are
EUanQlnR anu ltSSdit ID dPphlCit'yo
| the vaults being in the basement.
All that was left Of the Mechanics Bank,
a new institution at the corner of Bush and
Montgomery streets. is a small brick vault,
The Italian American, at Sacramento
and Montgomery, is badly wrecked, but the
vaults are visible and are intact
Right in the midst OF allthis ruin two
! buildings escaped both quake and fire
with comparatively little damage, They
are the buildings of Selby & Co.'s smelling
Office and that of Sutro q Co.'s stock and
bond office. They we're surrounded on all
| sides by huge structures and the FIRE leaped
over their roofs without descending upon
them. -.-
The Mutual Savings Bank; ON Market
neal Kearney, was located in a modern
skyscraper which still stands, though
badly damaged. The vaults here will
without doubt be found to have escaped
serious harm.