Los Angeles herald., 1906-04-23
RECORDS IN CITY
HALL ARE SAFE
PROPERTY OWNERS REJOICE
OVER NEWS
Bankers Hold Meeting and Decide to
Resume Business Within Thirty
Days II Such Thing Is
Possible
Bv Associated Press.

BY Associated Press
SAN FRANCISCO, April 22.-It was
announced today that a careful exam
ination had been made of the books and
records in the city hall and that all
were found to be in good condition.
This fact has greatly relieved the
anxiety of many property owners who
feared complications regarding titles
might arise.
The bankers of San Francisco rep
resented in the clearing house, which
includes the commercial banks and some
of the savings banks, held a most sat
isfactory and most encouraging meet
ing at the home of Mrs. Eleanor Mar
tin. at the corner of Buchanan and
Broadway.
Sufficient Money on Hand
The conclusion OF the conference was
that there is sufficient money In San
Francisco to meet the financial emer-
gency, but that it would be folly to
open for business unless fully prepared
to do so.
The experience of Baltimore in open
ing the vaults of the banks in two
weeks after the fire was reviewed.
In that city the contents of many OF
cause they had not been given oppor-
tunity to cool.
The banks thought that thirty days
would be the limit of the time before
they would resume business and that
possibly they will be prepared soon.
Reports From Washington Read
Homer S. King, president OF the
clearing house, presided, and Worthing-
ton Gregg, secretary of that institution,
acted as secretary.
Sub-Treasurer Jacobs read some tele-
graphic correspondence between HIM
self and Secretary Of the Treasury
Shaw.
The secretary had inquired in respect
to the condition of the commercial
banks of this city.
The assistant treasurer's reply was
that all the banks were in ruins and
consequently had suspended business.
The roof of the sub-treasury on Com
mercial street had fallen In, covering
the vaults and rendering the structure
unfit for the transaction of business.
The mint, however, was still intact,
with over 5000, 600 in it's vaults, upon
which transfers from New York might
be drawn.
Bankers Will Work Together
Chairman King said:
"The bankers all want to work to-
gether and we will do the best we can
| He said that no one was in need OF
money except for the purchase OF food
and no one would be so unreasonable as
| to- accept it for other purposes at this
time. He himself had been obliged to
borrow money for current expenses.
Henry T Scott spoke in opposition to
an early opening of the vaults of the
banks. He recalled the experience of
Baltimore, where the receptacles were
open in two weeks, and from many of
them flames burst, consuming their con-
tents.
May Extend Holiday
There was some discussion about the
adVisability of asking the governor to
extend the legal holiday for thirty days
and committees to confer with the
governor on the subject were appointed.
Meetings. of the clearing house banks
and commissioners will be held to-
morrow to further consider the finan-
cial situation.
Consider Sanitary Conditions
A medical committee composed Of Dr..
Ward of the city board of health and
Colonel Turner of the federal board of
health today made a survey of the sup
ply lines of the Spring Valley Water
1t was their purpose to ascertain def
initely the location Of the breaks In
the water mains.
The committee, after consulting with
the chief engineer of the company
proposes to engage 500 or more plumb
ers to Immediately repair the pipes sc
as to secure full supply of water.
The members of the Master Plumb
ers' association have offered their serv'
ices to make house to house inspection
of the water pipes with a view to max
ing sewer connections.
Three Maternity Hospitals
Three maternity hospitals are to b.
established in different parts Of tn
city.
A physician has been delegated b!
the board of health to quarantine al
houses where contagious diseases ma.
appear.
Colonel Turney announced that Har
bor View park, situated at the foot o
Baker street, had been seized for tn
purpose of housing contagious patients
Fully 200 physicians have responds
, to the health department call for volun
teers and the assistance Of 300 NOR
than those present was decided neces
sary to shield the city from pestilence