Omaha daily bee., 1906-04-29

Diagrams which had been delayed, from
every quarter of the globe, expressing SYM
pathy for the people. Among these were
words of comfort and good will from Aus
tralian cities, Dublln's mayor and other
Irish officials throughout Ireland from
New Zealand from Baron Kanako, at
Toxic, who sympathizes with the American
people From Englishmen in China, India,
South Africa and many far off points,
where the news of San Franciscos catas-
!rophe is known came words of sympathy.
Problems for Legislature.
There is nothing left but courage and
grit" said Charles +. Curry, secretary Of
state, but there Is plenty of that TO
again make San Francisco what it has
been and always will be-the largest and
most important city on the Pacific coast.
Those who believe that San Francisco will
not be rapidly rebuilt and on a greater
and grander scale don't know the spirit
of the west. San Francisco will remain
the principal gateway through which COM
merce and trade to the orient will flow"
Speaking Of an extra session of the legis-
lature, Secretary Curry said mo one who
has seen San Francisco as 1t now stands,
after the terrible devastation by two of
natures greatest forces. would bubble "A
moment about an extra session. While
cannot speak authoritatively for the gov
ernor, know that he is in favor of calling
| a special session to enact special legisla-
| ton, and 1 believe Governor Pardee will
call an extra session. The loss of records
and the state taxation In the affected dis
| tricts need special legislation to meet the
occasions These laws can later be re-
pealed,"
The state, declared Secretary Curry,
| al,
but, he said, he had been assured by MEM
bers of the State Board of Equalization
that they were willing to reduce the state
taxation for the city and county of San
Francisco.
Banks in Good shape.
All of San Francisco's fourty-four banks.
thirty-two commercial and twelve savings,
: will be located within a small area of
the burned district. Inspection has re-
vealed the fact that the vaults in every
instance remain intact, but, with probably
| two or three exceptions, the fine bank
| buildings were utterly destroyed.
| According to the statements filed by
those banks with the bank commission
January l lasG the value of the buildings
| aggregated &C. 965, 0S2. Add TO this total the
valuation Of premises occupied by the ten
national banks, 1922, 2s5, and the aggregate
is $6,992,327 Two-thirds of this valuation
represents the land value of the banking
sites and therefore, is not loss. so the
net loss 10 the banks is about 81 $4,000, a
sum which in no way impairs their hnan-
cial standing. The buildings and fixtures
are partly insured and this will cut down
the loss to less figure, but how much
cannot be stated with any degree of def
niteness at this time.
Plenty of Cash In sight.
4 The money on hand in the thirty-two
! commercial banks al the time was SIC ,454
while the savings banks have coin in hand
to the amount OF $685. sO4. Add TO this
the S1OO3O,7s5 in specie in the vaults of the
ten national banks and there is an aggre-
gate OF SSO51, OPS in coin Immediately avail
| able.
The amount OF money due the three
classes Of banks from other banks and
bankers was $s7,sS7O9O. of which. however
only S1SOO0OOO due from outside banks car
be figured on, the balance being due from
| other San Francisco banks. This bring,
the total money within its reach up TO NOR,
than SIS, 10000
In the line Of convertible securities these