1003. Anglo California Bank (San Francisco, CA)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
April 18, 1906
Location
San Francisco, California (37.780, -122.419)

Metadata

Model
gpt-5-mini
Short Digest
3a77e41a

Response Measures

None

Description

Articles describe vaults being opened after the April 1906 earthquake/fire; banks had been closed temporarily and are preparing to resume business. No run or heavy withdrawals on this specific bank are reported. I infer the suspension was the temporary closure caused by the earthquake/fire (local shock) and the bank reopened (vaults opened) by May 18, 1906.

Events (3)

1. April 18, 1906 Suspension
Cause
Local Shock
Cause Details
Closure/cessation of normal operations caused by the April 1906 San Francisco earthquake and subsequent fire; banks remained closed for a period while debris was cleared and vaults inspected.
Newspaper Excerpt
the great fire ... the Anglo California Bank ...
Source
newspapers
2. May 18, 1906 Other
Newspaper Excerpt
The Anglo-California bank also opened its vaults and found books, papers, currency and coin in perfect condition. ... commercial banks of this city will open for regular business next Wednesday. It is believed that the extended delay has insured the banks from any panic, that the confidence of depositors has been restored and that the banks have had ample time to prepare for any run on them.
Source
newspapers
3. May 18, 1906 Reopening
Newspaper Excerpt
The Anglo-California bank also opened its vaults and found books, papers, currency and coin in perfect condition.
Source
newspapers

Newspaper Articles (7)

Article from The Morris County Chronicle, April 24, 1906

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Article Text

MORRIS COUNTY CHRONICLE, TUESDAY. APRIL 24, 1906 taken to the morgue dead of knife mes, finding nothing to conwounds, given for no other reason, it dually went out, leaving the seems, than the madness of panic. standing, but completely There are 10,000 Chinese in the quarter, and there are thousands of Italfornia and Sansome streets ians, Spaniards and Mexicans on the Mutual Life Building, a modother side. It seemed as though every ure of architectural beauty, one of these, with the riffraff of "Barthe flames were soon comWASHINGTON bary Coast.' made for that one block An attempt was made to Governor Pardee of Cali of open land. The two uncontrolled ut the fire was irrepressible. President Roose asking S gained, and in a few mostreams met in the centre of the square the Pacific squadron to Sa and piled up on the edges. There they e big building was beyond under speed in order that fought all the morning, until the e Anglo California Bank was may help the unfortunste United States soldiers restored order the flames and came down President Roosevelt na with their bayonets. Cabmen, drivers of express wagons of protest to Argentina de d again attempts were made ments published in the offi and trucks, hired at enormous prices, mite to clear a space which ( of the Argentine Foreign carted away from the lower city the event the flames from spreadvaluables of the hotels which saw their ing that republic at the er buildings, but freely as the other nations. doom in the fires which were breaking was used the fire crept and out. Even the banks began to take om one structure to another Senator La Follette ma out their bullion and securities, and, ually loud report showed that on the Rate bill before under guard of half dressed clerks, se at Eighteenth and Market lery and empty Senate floo to send them to the hills. whence d blown up. The fire caused ported the Bailey amendm came the salvation of San Francisco. losion quickly communicated The President sent to the One old nighthawk cab, driven by a directions. As the gas house nomination of Major-Gener cabman white with terror, carried feeling of despair overcame Corbin to be Lieutenant-Ge more than a million dollars in curwho were performing the Alaskan cable and tele rk. rency and securities. Men, pulling paid the Government $14,50 rott Building, in which was corpses or injured people from fallen a greater amount than in an le chambers of the State Subuildings, stopped to curse these promonth. cessions as they passed. rt. the lower floors being deThen the vandals formed and went The Navy Department ha n immense department store, to work. Routed out from the dens fied that three warships a d, though its massive walls along the wharves, the rats of the have gone to Kobe, Japan all destroyed. needed in Chinese waters. San Francisco waterfront, the dritters further down Market street, my of Sciences and the Jenwho have reached the back eddy of European civilization, crawled out Building and the History OUR ADOPTED ISL and began to plunder. A policeman kindled and burned like so, The Hawaiians contribut der. Sparks carried across caught one of these men creeping over $800.000 to the Federa through the window of a small bank street ignited the Phelan in excess of all cost of adm on Montgomery street and shot him and the army headquarters Captain William M. Mori nia, General Funston comdead. But the police were keeping fire ty-first Infantry attacked lines, beating back overzealous reswere burned. band in the mountains on cuers from the fallen houses and the ring the bay, the waters of of Samar, in die Philippines burning blocks, and for a time the the firemen good service eight. Three soldiers were vandals plundered at will. locks, the fire took the Rialto There was a report from the wreck Major-General Wood, sinc 1 handsome skyscraper, and of the Valencia Hotel that the ground command of the troops in scores of solid business fairly sucked it in. The basement was pines, has had the troops D smoldering piles of bricks. full of water, so that when the rescue engaged in maneuvring ar nd commercial houses, supmarching. The officers and corps got through the debris they be fireproof, though not of found the bodies floating about, complained that they are ild, burned quickly, and the flames could be heard even cessively in the severe clin drowned or crushed. They tell of people thrown from windows and killed Ils, which were out of the on the pavements below by the first e. Here many thousands.of DOMESTIC. great shake, of people crushed in the gregated and viewed the awThe mother of the late W streets by the debris which fell from of South Norwalk, Conn., the upper stories of buildings. The the first orders issued by widow to recover his body, people were so sickened by horror that olice Dinan was for the closalleges, the widow caused they would believe anything. ry saloon in the city. This from the grave. As the. day wore on and the wind ken to prevent drink-crazed Three men in an auton changed the fire along the water front rioting in the streets. naped the three-year-old son burned itself out and ran on further chmitz sent out word to the Mrs. William M. Richards down south of Market street. This nd milk stations throughout front of his mother's home gave a comparatively clear passage to at their food supplies must The father, whose home d for the homeless. Provisthe Ferry buildings, and the troops perYork, is separated froi.. his mitted genuine refugees to pass to the made to place tents in every Southern Pacific ferries, which were William Becker. a retired e city, and those who have thy tanner of Milwaukee. loaded down with people, many of 1 be given food and shelter. self by shooting in Mobile them still half dressed. At nightfall the morning the prisoners the city prison on the fifth the troops cut off this privilege, probspondent through ill health ably for fear of rioting and disorder. A Hall of Justice were transThe Franklin medal, vote rons to the basement of the Then it was almost impossible to cross gress, was presented to the street. Later they were removed to Philadelphia, Secretary Ro From Ingleside comes word that the vay jail. the presentation speech, an Cliff House, the great pleasure resort vor also established a base ador Jusserand accepting th and soon had forces out and show place of the city, which stood Commission of Emigrati upon a foundation of solid rock, has y could accomplish most. Watchorn, New York Harb been swept into the sea. Not a thing were sent down to the lodgceived word from Washing stands to tell where the monster builddistrict near Market street. allow any more tickets to ing once stood. It has been levelled to as found that many frame immigrants who may W the foundation, and only the rock linbacked with people, had colthrough to San Francisco, un ing the coast remains intact. ying their occupants in the word is sent to him. The State Insane Asylum at Agnews The Chicago, Burlington is a total wreck. Many of the 600 or ers jumped into the wrecks Railroad was fined $40,000, 700 inmates in the building were burout the dead, the dying and its officials $10,000 each, in ied under the ruins. One hundred and 1. Practically every physigranting rebates and the twenty bodies have been taken out, and e city immediately volunpaid. there are probably 150 more corpses assistance, and soon there in the ruins. Charges that the "Yellow equipped medical corps orHardly had the building fallen, beagain at work in Albany, N hich began ministering to fore there issued forth a wild-eyed and half of insurance companies ly made. dishevelled army of maniacs the surs bodies were taken out in vivors of the calamity. They screamed It was reported that Cipri g house district, and hunand laughed and wept as they scatPresident of Venezuela, is hen volunteered to go into tered over the country in all directions. b get more. the United States. To them the earthquake rumbling tentious City Hall, costing Judge Lurton, in the In under their feet meant nothing, and bounded by Larkin and McCircuit Court severely criti the fall of the building a mere trivialeets and City Hall avenue, cial operations of the Cincin ity. With the superintendent of the shattered by the earthquake, ilton and Dayton deal. It asylum and his wife both killed, and ins later were burned. Ex-Postmaster Clayton many of the keepers injured, the horde y years to build the City died suddenly at his home of insane persons followed their own ride of the coast. An alarm H delphia, aged sixty-two. inclinations. in and the firemen respondpostmaster expired about a Many of them were rounded up and Sullivan, awakened by the taken care of by the citizens, but After marking 3.5 feet abo is quarters in a firehouse, scores are still wandering around the ger line at Memphis, the b put on his clothes. As he countryside to the great terror of the River is receding. them the tower of the Caliinhabitants. Using a blanket for a rop el dropped upon his building Dr. Stone, superintendent of the A. Bladgett hanged himself ng through the roof killed Napa State Hospital, has telephoned Hillsboro, Ga. where he wa to the Governor's office that an autopending an examination of hen arrived at the City Hall, mobile arrived there with news that elpless. They hitched their Two daughters of W. H Santa Rosa is ruined and that befire plugs, but there was no farmer living near Dutton, tween 200 and 300 persons have been ly. were instantly killed by th killed. ossible precaution has been of the roof to a cyclone cella As later details are learned it seems ard property. Immediately they were taking refuge. that 30,000 houses were either partially estructive shocks the police Responsibility for the deat or wholly destroyed. Property loss is on guard, and the Governor ty-two miners in the Para estimated as high as $200,000,000. It al Funston, commanding the has been placed on F. W. is estimated that there are 150,000 vision of the United States Fred Dixon, who have been homeless. e asked to send troops. Charleston, W. Va. Some believe the number of deaths nd men from the Presidio, will reach the appalling figures of 2000. Just back from his compa neral Funston, arrived down General Funston places the number of in Walker County, Ala. Pre o'cleok to patrol the streets. dead at over a thousand. J. Stith, of the Stith Coa enth Infantry, 1000 strong. Fire Commissioner E. Myron Wolf Company, at Firmingham, m Angel Island a little later has announced that the fire insurance self by shooting. n patrol duty at once. companies carrying risks here will pay III health caused Rev. F liers were ordered to shoot dollar for dollar to every one insured als caught robbing the dead rector of Ascension Episco with them, with no discrimination berd with their lives the millat St. Paul, Minn., to blo tween fire and earthquake. brains. ars worth of property placed Every building in the triangular sects to escape the flames. Mine operators estimate tb tion between Market street, the Misis under martial law, and all five days of anthracite mi sion, and the waterfront, in San Franwn streets are patrolled by cost the men $1,773,000. cisco, has been destroyed. All the best 1 infantry. Details of troops theatres, including the Majestic, the arding the banks. FOREIGN. Orpheum and the Grand Opera House, mouth square the panic was have been burned. Several of the The shares of fire insure cription. This, the old Plaza great hotels, including the Palace Hotel panies slumped badly in the h the early city was built. and the Grand, are in ruins. London and Berlin markets now by Chinatown, by the The American dry dock trict and by the "Barbary ower Tenderloin. A spur of remain at Port Said, Egypt


Article from Evening Star, May 18, 1906

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UP CLAIMS SETTLING May Insurance Companies Meet Action Drastic IF THEY RESIST PAYMENT of by San Losses Francisco Sustained Insurers. TO APPEAL REPLIES RECEIVED of Out by Sent Wolf Commissioner to the California Departments in Other States. I the in18-That which evading paySAN FRANCISCO companies claims May and manifest policyholders an inment tention gurance of of losses resisting fire sustained here by resorting by companies to states legal and in the great will be marked in some may technicalities meet with drastic the tenor action of replies Myron received Wolf is indicated by Commissioner to E. the insurance in by Insurance to his appeal to assist him in response of other states companies to deal compelling departments the their insurance policyholders received in the pres- yesfrom fairly crisis. with Commissioner official Wolf communication controller of of the ent terday Samuel the following P. Davis, state eastern Nevada: "I understand companies that some are the proposing matter of to foreign technicallerancisco in that four crawl losses in San ited to stay the natural adjusting and behind dynamite which in the progress swept were -houses have been later-they course the fire a few insurance. of of houses away the by flames-h of events would the minutes that the act will refuse it appears to pay buildings to me was alone total what dedestroying "Now those of the city from these comsaved the rest doubt protected saving of to from further these to evade struction panies additional and losses pretext no to on loss. their settlement If companies part this of their is facie made a obligations in prima their be just liabilities it is resorting Francisco the companies and on to evidence San these to technicalities me that of these are e dishonest facts I will rea proper showing licenses in Nevada." K. an voke their of Safety Vaults wearing O. Contents than 1,000 persons, look each and impatient anxious More and worried and valuables deposited Deposit to the examine vaults papers of the California stood in line Safe yesterday in Trust Company, the vaults when the and waiting the opening of been cleared away brick and debris the had boxes were found left their in The most of the The AngloCalifornia tact and contents the of compartment depositors vaults and found books, papers, valuables in Bank also opened currency its and coin in comperfect condition of the clearing decided house that the At a meeting it was will open for mittee banks of this It is becommercial yesterday business next Wednesday. city has insured regular extended delay the confibanks depositors has been ample time dence lieved the of that from the any panic, had that restored, and to banks have them. that prepare for any D. run M. on Ragan reported that San to Health the Officer health yesterday water the board of no longer in danger of days a the Francisco is that within a few in a normal famine water and supply will be to Dr. Ragan's condition entire again. 44-inch According Crystal Springs has pipe, been report the was big broken for 3,000 into feet, San Franrepaired which and there 26,000,000 is flowing gallons a day, which he waste. cisco now considers about amply sufficient, providing there is no Workmen's Wages Raised. and Builders' Association brick- has The Masons the wages of bricklayers and 21 brickraised helpers. Commencing May hours layers' will receive $7 per day of eight advance layers helpers $4 a day. This is an cents for and day for bricklayers and 50 been isof $1 a In a statement that has declares the helpers. Association is the Builders' labor insued of this kind of skilled that it has supply the demand, and action adequate to necessary to take this come and as been inducement found to journeymen to an help in rebuliding the city. JourneyF. L. Bricklayers' Hadley, secretary Union. is of of the the here opinion to men enough bricklayers of that there are demand existing, but many chimneys. supply them are the temporarily engaged in repairing Squabble Over City Tractions. city and street railway officials of to The Francisco are having a squabble which as whether San or not the street railroads, so badly damaged by the earthquake were to necessitate rebullding, shall be reconstructed as with underground or overhead trolley. said to be the desire of the city coun- the It is abolish the overhead wires, while the cil railway to companies wish to employ same. having conferred with many exBeside railway construction the country, the governis endeavoring to secure perts throughout ment on electric city from speak Wash- pracingtonians who are qualified to of the tical over the overhead case of earthquake and fire as ley underground in opinions system as to the advantages trol- depicted in the recent holocaust.


Article from Deseret Evening News, May 18, 1906

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OPENING BANK VAULTS. Boxes Containing Valuables Were Found to be Intact. San Francisco, May 18.-Over 1,000 persons, each wearing an anxious and worried look, and impatient to examine papers and valuables deposited in the vaults of the California Safe Deposit & Trust company, stood in line yesterday awaiting the opening of the vaults when the brick and debris had been cleared away. The contents of the boxes were found intact and most of the depositors left their valuables In the compartments. The Anglo-Califor. nia bank also opened its vaults. and found books, papers, currency and coin in perfect condition. At a meeting of the clearing house committee yesterday It was decided that the commercial banks of this city will open for regular business next Wednesday. It is believed that the extended delay has insured the banks from any panic, that the confidence of depositors has been restored and that the banks have had ample time to prepare for any run on them.


Article from The Topeka State Journal, May 18, 1906

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RAISE THE PRICES San Francisco Masons and Bricklayers Advance Scale. Will Ask Seven Dollars a Day After Saturday. WORKMEN ARE SCARCE. That Is Reason Given for the Increase. Insurance Companies That Resort to Technicalities Marked. San Francisco, May 8.-The Masons and Builders' association has raised the wages of bricklayers and bricklayers' helpers. Commencing May 21, bricklayers will receive $7 per day of eight hours and helpers $4 a day. This is an advance of $1 a day for bricklayers and 50 cents for helpers. In a statement that has been issued the builders' association declares the supply of this kind of skilled labor is inadequate to the demand and that it has been found necessary to take this action as an inducement to journeymen to come and help in the rebuilding of the city. F'. L. Hadley, secretary of the journeymen bricklayers' union, is of the opinion that there are enough bricklayers here to supply the demand existing, but many of them are temporarily engaged in repairing chimneys. Mark Insurance Companies. That the insurance companies which manifest intention of resisting claims and evade payment of losses sustained by policyholders in the great fire here by resorting to legal technicalities will be marked companies and may meet with drastic action in some states is indicated by the tenor of replies received by Insurance Commissioner E. Myron Wolf in response to his appeal to the insurance departments of other states to assist him in compelling the insurance companies to deal fairly with their policyholders in the present crisis. Commissioner Wolf yesterday received the following official communication from Sam P. Davis, state controller of Nevada: "I understand that some of the eastern and foreign companies are proposing to crawl behind technicalities in the matter of adjusting losses in San Francisco; that where houses were dynamited to stay the progress of the flames houses which in the natural course of events would have been swept away by the fire a few minutes later- they will refuse to pay the insurance. 'Now it appears to me that the act was buildings of destroying these alone what saved the rest of the city from total destruction and no doubt protected these companies from further loss. If this saving of additional loss to these companies is to be made a pretext on their part to evade their just obligations in settlement of their San Francisco liabilities. it is prima facie evidence to me that the companies resorting to these technicalities are dishonest. and on a proper showing of these faots I will revoke their license in Nevada, Found Valuables Safe. Over 1,000 persons, each wearing an anxious and worried look, and impatient to examine papers and valuables deposited in the vaults of the California Safe Deposit and Trust company, stood in line yesterday awaiting the opening of the vaults when the brick and debris had been cleared away. The contents of the boxes were found intact and most of the depositors left their valuables in the compartments. The Anglo-California bank also opened its vaults and found books, papers, currency and coin in perfect condition. At a meeting of the clearing house committee yesterday it was decided that the commercial banks of this city will open for regular business next Wednesday, It is believed that the extended delay has insured the banks from any panic, that the confidence of depositors has been restored and that the banks have had ample time to prepare for any run on them. No Danger of Water Famine. Health Officer D. F. Ragan reported to the board of health yesterday that San Francisco is no longer in danger of a water famine and that within a few days the entire water supply will be in a normal condition again. According to Dr. Ragan's report. the big 44-inch Crystal Springs pipe. which was broken for three thousand feet. has been repaired, and there is flowing into San Francisco now about 26 million gallons a day, which he considers amply sufficient, providing there is no waste. DREW MONEY AND LEFT.


Article from The Morning Astorian, May 19, 1906

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SAVED FROM FIRE. / SAN FRANCISCO, May 18.-Over one thousand persons, each wearing an anxious and worried look, and impatient to examine papers and valuables deposited in the vaults of the California Safe Deposit & Trust Company, stood in line yesterday, awaiting the opening of the vaults when the brick and debris had been cleared away. The contents of the boxes were found intact and most of the depositors left their valuables in the compartments. The Anglo-California also opened its vaults, and found books, papers, currney and coin in perfect condition. At a meeting of the clearing house committee yesterday it was decided that the commercial bank of this city will open for regular business next Wednesday. It is believed that the extended delay has insured the banks from any panic, that the confidence of depositors has been restored and that the banks have had ample time to pepare for any run on them.


Article from The Salt Lake Tribune, May 19, 1906

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RECOVERING VALUABLES Vault of California Safe Company Opened; Contents Saved. SAN FRANCISCO, May 18.-More than 1000 persons, each wearing an anxious and worried look, and impatient to examine papers and valuables deposited In the vault of the California Safe Deposit and Trust company, stood In line yesterday awaiting the opening of the vaults when the brick and debris had been cleared away. The contents of the boxes were found intact and most of the depositors left their valuables in the compartments The Anglo-Callfornla bank also opened its vaults and found books, papers, currency and coin in perfect condition At a meeting of the clearing-house committee yesterday it was decided that the commercial banks of this city will open for regular business next Wednesday. It 18 believed that the extended delay has insured the banks from any panic, that the confidence of depositors has been restored, and that the banks have had ample time to prepare for any run on them.


Article from Twice-A-Week Plain Dealer, May 22, 1906

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PAPERS IN VAULTS SAFE VALUABLES DEPOSITED IN FRISCO FOUND INTACT. Commercial Banks to Open for Business Next Week-Another Shock Felt. San Francisco, May 19.-More than 1,000 persons impatient to examine papers and valuables deposited in the vaults of the California Safe Deposit and Trust company, stood in line Thursday awaiting the opening of the vaults when the brick and debris had been cleared away. The contents of the boxes were found intact, and most of the depositors left their valuables in the compartments. The Anglo-California bank also opened its vaults and found books, papers, currency and coin in perfect condition. At a meeting of the clearing house committee it was decided that the comercial banks of this city will open for regular business next Wednesday. It is believed that the extended delay has insured the banks from any panic, that the confidence of depositors has been restored and that the banks have had ample time to prepare for any run on them. Health Officer D. M. Ragan reported to the board of health Thursday that San Francisco is no longer in danger of a water famine, and that within a few days the entire water supply will be in normal condition again. According to Dr. Ragan's report the big 44inch Crystal Springs pipe, which was broken for 3,000 feet, has been repaired, and 26,000,000 gallons of water a day are flowing in San Francisco. That the insurance companies which manifest intention of resisting claims and evading payment of losses sustained by policy holders in the great fire here are resorting to legal technicalities will be marked companies, and may meet with drastic action in some states is indicated by the tenor of replies received by Insurance Commissioner E. Myron Wolf in response to his appeal to the insurance departments of other states to assist him in compelling the insurance companies to deal fairly with their policy holders in the present crisis. Oakland, Cal., May 19. - A slight shock of earthquake was felt here and at San Jose and other points Thursday night. No damage is reported.