The San Francisco call., 1909-04-06
FIRE PROTECTION
SYSTEM IMPROVING
Risks Lessened by Fire Proof
Buildings and Big Pub
lie Gsterns
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passage for one cost are provided, i'm
migration VIII be stimulated vastly.
That this is inevitable is the opinion
OF many experts in san Francisco
WHAT EXPERTS FOREsEE
4 great field OF activity VIII be
opened UP TO bankers by reason OF the
consequent great growth Of the interior
and the value Of all lands viii be aug
nented and insured by the increased
demand for them. The present agri-
tuitural, horticultural and viticultural
production in this state represents q
vast sum annually. but this total IS
small compared with that which VIII
be made every year when consumers
can get the characteristic productions
az California for their tables IN the
east and in Europe and when the large
ly augmented population OF this state
shall create for itself z much greater
than the existing consumption
Bankers foresee that great wealth
wiz arise through the increase in the
mineral output Of the state The
growth last year. as compared with the
preceding year. was SS.o0ooeo in round
figures. II IS reasonably expected that
the annual statistics Of the California
production OF $50 600 coo in value. in
Guiding all substances that are mined
or ouarried or otherwise produced.
when the showing IS made up for the
calendar year OF 1908 The production
-of petroleum alone is now greater IN
"a than was the entire mineral prod
uct Of this state during some years
not very long ago. The gold output
q viii probably exceed that OF last year
By s. 600 .0oO while the increase IN the
value os petroleum and the extensive
oDersrfons in the oil fields are expected
70 bring the value represented by the
output Of the oil sands Up TO possibly
s. 600 600 greater than that Of 1907.
The promotion OF the mining indus
try. while 4 viii yield large wealth.
viii call for the use OF great amount
of capital in the next three years. The
minerals comprise not only the precious
metals. gold and silver, the petroleum
which is used mainly for fuel and
power purposes and byproducts OF
petroleum. like asphsltum for struc-
rural use. but also brick and pottery
claws. gems. building stone. macadaEn
and rubble and paving blocks and Two
score OF other substances, the proouc-
ton OF which calls for the steady en-
plovnent Of an army Of men; for the
construction Of large plants; for the
known 70 be highly mineralized but
that so far has only been worked in q
very small portion Of its area For
this industry. and for others that show
merit the banks Of this city, in add1-
tion 70 assisting the mineral develop
inent Of Nevada, have stood as sponsors
Wherever good reason could be shown,
they have aided the miners and their
allied coworkers IN California
The impregnabIe position of the 10
csl bankers which is based on the
prosperity and good faith Of the people
Of California. Is justified strongly py
the action OF large holders OF capital
and orieinators Of transportation enter
r~;ses who are interested in doing
business IN and for California In lieu
II pooriy equipped trsnscontinental
tines Of railway. which few years ago
ran along the devious lines OF original
SURVEYS. steel highways Of commerce
have tunneled mountains, bridged great
sheets Of water, shortened their ais
tances by hundreds OF miles and laid
sound and expensive foundations for
the permanent handling. between
s.ceens and between various portions Of
our common country. OF vast traffic
In addition 70 the transcontinental
ines OF travel by way OF the old Cen
trsl and Union Pacific route. the line
between san Francisco and New Or
leans. the Santa Fe, the road 10 Port
ls-S and the north. the Clark line from
southern California and the connecting
1fnes in the east which form part. in
tegrsIlv or by trafhc agreement, OF the
r.-erfaud routes. the new Western Pa
~fFc Is about to engage in business in
san Francisco. and. incidentally. 10 open
n q new and virgin territory. rich in
minerals and in lumber. on its way be-
u-sen Nevada and its terminal IN this
city.
THE increasing capacity Of freight
riers By sea. which is a token Of the
,e-.ersl modern movement toward econ
or1v and concentration, also promises
v4iI for the sea commerce Of this port
Tor the promotion OF realty values in
.rss citv which now figures largely as
he basis OF loans by the banks Of san
Francisco and also for the growth Of
values IN all contiguous counties ami
in the general region surrounding tide
water.
UNDEvELoPED RESOURCES
The banks viii furnish assistance for
the manufacturing which viii come to
california when the home markets are
increased. The raw material is here in
great cbundance and OF many kinds.
There are large deposits OF iron in
shasta county. many fold greater de-
posits in the region OF the Minarets in
the high Sierra. where. il has been
reported, eastern capitalists may con-
struct road TO bring down iron cop
per. tungsten and other minerals; vast
forests 10 provide lumber for all uses.
greater deposits OF various kinds OF
minerals than have yet been exploited.
rast capacities for the production Of
Wool and leather. an open ocean. by
y hieh raw materials that are not here
Van be easily brought for manufacture
into finished products. whenever the
isthmian canal cuts some thousands OF
miles from the sea routes as they now
exist between the coast Of California
ard foreign and American centers OF
commerce
The great mileage IN railways lead
InE TO California and the mileage within
the state alike encourage enterprise