Article Text
feel certain that the people will to act we with the banks and not try make a run. It was Dangerous Walking in many parts of the financial districts, for the walls and pavements hot and one stood in danger of off his shoes. are scorching very The heat But between the buildings is stifling. The the fire in this part is dead. building of the International Buildand Loan association is a wreck. The ing vaults are bulged, but the officials say that the securities are safe. The and of the London, Paris bank are all underwriters take stock on vaults the American right. When this fire they will probably find that it was not so hot as the Baltimore, and Boston fires. Chicago nearly It floor would damage a building taking a this or two, and pass on. The people lay to the lazy burning of the red wood. On the other hand there were centers of the fire whirlwind where everyruined. thing seemed to be fused, melted and Proceeding Up Market Street toward the ruined City Hall, I found the Grand Hotel razed to the ground. The walls of the Palace hotel are but the building is a loss. building is gone. standing, The Examiner building, The the steel frames of the Call highest in the city, saved it, and fire in its interior seems to have stopped short of its top. They may be able to save the walls. The ground floor, Pawhere the National bank of the cific was housed, is a complete wreck. their It is not possible to get at vaults owing to the wreckage. The Parrott building, containing the Emporium, the largest depart The store in the west, is gone. wall and a part of a the rest are ment front are gone, down. side This wall contained the quarters of the sucourt of California and the on the coast. best preme library The records Beand the library are destroyed. tween these big Market street build- old ings were a lot of small and structures of brick. The fire played ducks and drakes with these. Most of them cast the walls in the street and Market street all along is piled with hillocks of broken bricks, over which teams and pedestrians climb. In spots the soldiers were making idlers work, clearing a passage, but there are not enough soldiers just now to make the work effective. The New James Flood Building, Market and Powell streets, on the at the Baldwin hotel, burned ago, stood it site eight of years better Market than other big structure on 'street. any There is a little damage to the office of the Western National the ground, but its vaults even warm. are bank not on The the vaults fire were had opened on Friday, after passed that part of the city. Everywas all right and the time lock for Monday. The was thing set vaults re- of the Mercantile Trust company are ported safe. The same seems true of Deposit The Pacific Mutual ny. the California Trust Life building compa- buildand the Italian Marine bank ing are total losses, but the directors of the Italian bank say that they are not afraid of the condition of the vaults. About the same thing may be said of the Germania Savings bank and the San Francisco Savings Union, next door, on Kearney street. On Saturday afternon there were two conferences of Savings Bank Representatives. at the home of John Martin. They discussed the amount of cash on hand and the amount of Eastern holdings immediately convertible. Monday at 10 o 'clock I will meet for morning ployees all instructions. bank Interna- emWill High, manager of the tional Banking corporation, removed amount of specie to Oakland in an under a on tail large Saturday of marines, automobile. command A de- of Lieut. Lang, accompanied him. He offered Gen. Funston an advance of cash until the government funds ar-