The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-11-29
BROKER SPEAKS
OF SAN FRANCISCO
SAYS THE CITY is NOW ON
A FINE BASIS FOR PROS
pERITY.

Percy M. Pike, young broker of
San Francisco who arrived here on
the Alameda last week, stated to a
representative of The Star this after
noon that he thought San Francisco
was on a much better standing today
than she has been at any time since
the earthquake.
After the terrible disaster that
overlook the city of San Francisco she
was taken hold of by a collection of
grafters that have done more harm
to the city than was ever done before
said Pike. Before the election which
was recently held the more conserva-
tive business people of the city realized
that if Taylor was not elected the city
would suffer greatly. The people who
believed in good government irrespec-
tive of any party made a determined
effort to elect Taylor Everyone knows
what was the result.
The difference can already be no
ticed in the work which has been start
ed in rebuilding since the election A
number of new sites have been cleared
ready for immediate construction, and
before long a great number of new
buildings will be started. The whole
sale business conditions are very good
considering the financial state of af-
fairs all over the country. The re-
tail business houses have suffered to
some extent, but they will soon be on
sound basis again. Taking it all in
all San Francisco has recovered won
derfully since the election. People
from the East as well as from other
parts of the country are willing to
come in and invest money, and the
prospects are very good for them to
realize well on their money.
"Conservatively speaking l do not
think that there is any better invest
ment on the west coast today, than San
Francisco real estate If person or
a company has enough money to invest
purchase of a piece of ground with a
good modern up to date fire proof
building on it will pay them well on
their investment Before | left San
Francisco l know of several friends OF
mine from the east who came into
San Francisco, bought piece of prop
erty in the down town section and had
plans drawn for the erection of a ten
story business building. They will
nearly double their investment within
three years. l call that a very good
percentage don't you?
"As soon as the money market gets
little easier things will Legin to
boom again in Frisco. l think that
within ten years Frisco will be better
than she ever was before. Any num-
ber of good chances come along every
day for the man who has money to in
vest. What little | have l have al
ready invested in real estate and am
building a few buildings which will net
me neat sum if we don't have another
disaster.
What do | think of Hawaii? | can
say this that the climate here is
beautiful, although it rains sometimes.
l went to the Pail yesterday and in
all my life l have never seen such a
view. People on the mainland do not
realize what a glorious country this Is
| also think that you have a great out
look for the future. 1t seems to me
that number of new industries could
be started here that would pay. l do
not know how long | will be here as l
am having a very good time, and
everyone | have met is asking me to
stay longer. | think that the Ha-
waiian music is the greatest music in
the world, and no wonder people rave
over it. will certainly come here
again, as | will probably not have the
chance to see all the islands this time
while / am here. In conclusion | can
honestly say that San Francisco has
improved wonderfully, and the time is
not far off when she will once more be
the Golden City of the west
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