The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-04-19
have a value that would have suflced alone

| nave n value lIlat WOulQ DdV6 buIDCou ulou0
to weather the storm"
At the Atchison, Topeka and Santa Fe
offices it was learned that the walls OF the
company's shops at Point Richmond, not
far from Oakland, had fallen, but 1t was
said that the company could stand this loss
very well IL nothing worse befell II. UP
to last evening no news had been received
to cause great apprehension concerning
carnage to the c%ompany's property.
Practically all Of the gas and electric
lighting companies Of San Franoisoo are
consolidated under the San Francisco Gas
together with the California Gas and Elec-
trio Corporation, is subsidiary to a holding
company for both, the Pacific Gas and Elec-
trio Company. The holding company was
financed by a banking house in this city
and q large part Of the stock Is held here.
amount Of the loss to the company was a
matter entirely Of surmise.
We have been able to earn very little
of the extent of the damage" said a member
Of the firm, "but we are certain II cannot
seriously affect the company. The COM
pany does business through a large part OF
the State. A loss of a part Of the San Fran
cisco business will be expensive, OF course,
but not expensive enough to cripple the
company. None Of our power houses was
houses Iwere within the territory which,
according to the dispatches, was most
Affected by the earthquake"
D. o. Mills, an original forty-niuer, owns
property in the business portion OF San
Francisco valued at $4,000 600 One Of
lecture of the Mills Building at Broad street
and Exchange place, this city. Mr.. Mills
said he had the possibility Of seismic dis
turbance in mind when he put up that
building and had taken every, srecaution to
make the foundation especially secure
| and rho hitillinu ifGplf nanapin 1lv Strnpp
He made no statement in regard to his
other properly, but had this to say on the
general situation:
This is by far the worst earthquake
ever experienced by San Francisco. There
have been many small shocks, some Of
them strong enough to knock down cornices
and crack buildings, but none has hereto
fore destroyed buildings or started fires.
In time of earthquake every one becomes
demoIalized and the widest reports are
] circulated. For this reason / have hopes
that il will be found hat the damage has
not been as terrific as early reports
Indicate
Il, E. Huntington also has extensive
holdings OF San Francisco realty. He
was not in his Office yesterday afternoon
but it was said there that he was greatly
worried over the reports he had received.
At various times during the day the
Frisco buildings of both the New York
Life and the Mutual Life were reported
destroyed. At the offices of both com;
panies it was said that. they had heard
such reports but had been unable to learn
anything.
Late in the afternoon Logan d Bryan
received a despatch from their Chicago
house which in turn had gathered the news
from the firms commission houses along
the coast. 1t read
Here ia the latest from Frisco and you
can bet on it. There are seven fires in
diherent parts Of the city, the largest be-
ing on Market street, and not a drop OF
water. The buildings which were partially
uuated affairs, The new buildings are
all right. The Postal building, which
early was reported totally destroyed, was
only partially and they are still working
in it, Cannot give you an estimate on
the loss of life"
The Commercial Cable Company an
nounced early in the day that messages
for Honolulu, Manila. China and Japan
could be accepted only subject TO delay
as its Offices in San Francisco were in the
zone affected by the fires, They ad-
Visel that cable messages for all points
in the Orient be sent by way OF Vancouver.
Slltro Bros, one Of the New York broker
age houses with San Francisco connec-
! tions, announced that they had wired 81 ,o0C
for the relief of the needy. The heads
! of other firms with San Francisco houses,
Seligman Il Co., Laidlaw d Co., the Wells
! Far go Company, f, F. Hutton & Co. and
Scholle Bros, said that their firms would
certainly contribute funds for the same
pun pose as soon as definite news of the loss
! of lie and property was recei we'd D
/ o. Mills took the same position, a. did many
other wealthy men on the Street. Very
likely large cont ributions will &c forward
to-day.
Bankers said that San Francisco would
need a great deal Of money from New York
but that no estimate of the amount could
be pade until the fire had been checked
and business resumed.