The San Francisco call., 1910-01-29

ARRAY OF FIGURES
IS IMPRESSIVE
Shows That San Francisco Is
Resting Upon q Firm Busi-
ness Foundation

An interesting study is supplied
herewith Of some of the leading causes
that lend assurance and support to the
values Of local realty and to its per
1laucncy as a favored form Of invest
ment The statements in regard TO each
of tile forms of enterprise considered
as being OF value TO real estate inter
csts have been compiled carefully and
they are entitled to credit.
The showing that they make ND col
lcctively is better than the casual OBJ
server Of affairs might, Offhand. eX-
poet. The student Of realty and all
investors viii do well TO preserve the
facts and figures for reference. Their
value for purposes of legitimate pro-
motion is too obvious TO leave any
chance for question on that score. Some
of these are as follows:
Deposits IN state banks in San Fran
CISCO S&lb- -d33. fSS
Resources and liabilities OF nationaI
p9 @ ,srsass al Sse Ff'3sSso n 3ssss 1898 %: 90
Aescrs q huilding ana loan associa-
rionS in California .-----.-....-- 20 DDS. 1l6
Grand roll Of California property SOC. .oO0. 600
p idings erected in 1909 in San
frEncisco oo.fll-lsb
E~-inated mineral output Of state in
0atput Of farms and orchards and
vineyards in 1903 ---..-.....----. 400. o00. .eo0
Loans made In san Francisco on real
estate security in lNQ9..---..--.- -. ass. pos
San Francisco imports In 1909.--.... u 469. 023
SSH Francisco exports in 1902. 50. .43l, 40
Concerning the large excess of the
imports over the exports IT may be said
that these include the free imports as
weu as those that are dutiable. The
dutisbIe Imports were sl6,O00,000 less
than the exports.
This imposing array OF figures con
reius much for reasonable hope. con-
eiderinE that they are made in less
than four years after all the business
district Of san Francisco was destroyed
with the exception of comparatively
small retail sections
The general and uninterrupted prog
ress Of the banking interests is a matter
~ common knowledge The eNpecta
rion that the mining industry viii add
S10.000.coO TO the record for 1910, as
compared TO the record OF 1909, is en-
-ertained by ali intelligent observers OF
statistics in that regard.
The United states geological survey
has already sent out a forecast indi-
eating an increase jn the production Of
petroleum in California for the year
1909 OF 10000, 600 barrels in round fig
ures. The average valuation may be
SO cents 4 barrel. which would give a
Gain Of $4,000 eco for that industry
p cures derived from the same source.
also indicate a very large growth in
production Of copper and the eXten-
sion OF the gold dredging industry viii
also figure largely in the production OF
tfe precious metals.
These several causes for local conf
dence are liable TO figure in the re-
marks made at the annual banquet Of
the san Francisco real estate board.
ON that occasion real progress viii be
dwell upon by the officers Of the board.
More than any other class of citizens
thev are in touch with the information
~ Il i
capital and TO grease the wheels Of
progress
The building and loan associations
0f California have reported assets Of
more than $4,000, ,00o Their capital
invested amounts to Sl5.00O,0e0 in
round figures. Their profits that are
credited for a year are S3,000,0O0 in
round figures. and they have some
thing like $1,000 600 in reserve and un-
divided profits. Their aggregate mem
bership is more than 10000, and the
members who have taken out loans are
$4,000. These figures are approximate.
Tnasmuch as the returns are Off
eialIy made Up for a fiscal year that
ends on the Both Of each June, it is
impossible TO get exact Information at
this time but those that are quoted
are sufficiently near the mark TO give
a EerS good idea of the part such as
socistions are playing in the promotion
of building in California San Fran
cisco naturally has more prominence
than any other California city in con-
uection with the building and loan as
sociations this being due TO the
greater population Of this city and also
10 the conditions relating to building
and interest that for a time existed
and also 10 the greater percentage
that building association loans repre-
so1r in proportion TO the actual values
of properties that are held as security
Tor the money advanced.
There arc 36 building and loan asso-
cations in san Francisco. or more than
third Of the entire number in the
state. The aggregate assets OF the
san Francisco organizations IS con-
siderabiy more than a fourth OF the
grand total represented by all the as
socistions collectively, and the San
Francisco bodies carry as reserve an
Undivided profit Of 100000. More than
third or the capital invested by the
building and loan associations Of Cali
fo-Hia is loaned by the san Francisco
associatiOns-
The san Francisco building and loan
associations include the following
Acme Argonauf Mutual Bay City. California
CITY. citizens Economy. Empire. Enreks, Fsir-
mount Fidelity. franklin. Germanis, Globe.
Home Nutvsl. H0usebolders humboldt. Italian
Swiss Mutual. Mechanics. Mission Home Occi-
dental Pacific. ProTident. Progress. Safety San
Francisco Mutual san Francisco Home Mutual.
san Francisco and Oakland Mutual. Union Pru-
oence. Western. West Shore. California Home
Continental Pacific States.