USA > California > San Francisco County > San Francisco > The New city annual directory of San Francisco, 1875 > Part 2
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IER
DESIGNERS
532
CLAYS
[ 40A 1
IN PREPARATION,
SAN FRANCISCO
STREET AND AVENUE GUIDE,
1 Vol. 24mo - - -
Price, 50 Cts.
CONTAINING A
New Map of San Francisco,
AND
VALUABLE INFORMATION FOR STRANGERS IN
THE CITY.
D. M. BISHOP & CO.,
521 Clay Street,
San Francisco.
[ 41A ]
MRS. R. A. HOWARD, M. D.
Ladies' and Children's Physician,
OFFICE AND RESIDENCE:
No. 220 STOCKTON ST., Opposite Union Square. Office Hours, 11 A. M. to 3 P. M.
PAINTER & CO.
San Francisco and California
TYPE FOUNDRY,
510 & 512 Clay Street, San Francisco, Cal.
PRINTERS' FURNISHING WAREHOUSE.
THIS OLD ESTABLISHED FOUNDRY, HAVING A LARGE STOCK AND COMPLETE ASSORTMENT OF THE MOST MODERN FACES OF
BOOK, NEWS, JOB AND ORNAMENTAL
TYPE,
IS PREPARED TO FILL ALL ORDERS PROMPTLY.
Printing Material of Every Description, INCLUDING
POWER, HAND AND
JOB PRESSES,
OF THE POPULAR MANUFACTURERS.
Electrotyping and Stereotyping.
[ 42A ]
H. F. SMITH & CO.
Stationery,
CUTLERY,
Etc., Etc.,
No. 300 Kearny
Street,
SAN FRANCISCO.
Particular attention paid to furnishing orders in quantities to suit, at jobbing rates.
Orders from the Interior Solicited.
[ 43A ]
J. C. MERRILL & CO.
Shipping AND Commission
MERCHANTS,
204 & 206 California St., San Francisco.
AGENTS
Australasian Steam Navigation Co.,
Australian Mail Steamship Line, and
Regular Dispatch Line Hawaii Packets.
Steamship "CITY OF MELBOURNE,"
837 Tons Register.
"MIKADO,"
.3,030
66
"MacGREGOR,"
2,167
66 66
"CYPHRENES,"
2,000
66
66
PASSENGER RATES,
(PAYABLE IN U. S. GOLD COIN.)
FROM
SALOON.
STEERAGE.
SAN FRANCISCO TO
HONOLULU
$ 75 00
$ 30 00
AUKLAND
200 00
100 00
SYDNEY
200 00
100 00
MELBOURNE.
225 00
110 00
BRISBANE
225 00
110 00
ROCKHAMPTON
240 00
117 50
Children between the ages of 1 and 5, 1-4 fare.
66 66 66 5 and 12, 1-2 fare.
250 pounds of baggage allowed to each adult.
A Steamship will be dispatched from SAN FRANCISCO every Fourth Sat- urday, commencing 30th January, 1875.
For Freight or Passage, apply at Company's Office, 204 & 206 CALIFORNIA ST., SAN FRANCISCO.
[ 44A ]
CHAS. W. NEVIN.
CHAS. D. DUNN. DON L. SWETT.
D. L. SWETT & CO.
BOOK AND JOB
PRINTERS
522 CLAY STREET,
Bet. Montgomery and Sansome, SAN FRANCISCO.
Brief and Transcript Printing a Specialty.
[ 45A ]
Scottish Commercial Insurance Comp'ny London and Lancashire Insurance Co. Henry Coubrough, Jr., Agent.
POTTER, JACOBS & EASTON,
FIRE AND MARINE
Insurance Agency,
No. 318 CALIFORNIA STREET.
San Francisco, Cal
GLOBE, of Chicago, Incorporated 1865.
TRADERS' INS. CO., of Chicago, Incorporated 1869. WESTCHESTER, of New York, Incorporated 1837. FRANKLIN, of St. Louis, Incorporated 1855.
CITIZENS, of Newark, Incorporated 1869.
[ 46A ]
DR. BARLOW J. SMITH'S
Reform Medical Institute
635 and 637 CALIFORNIA STREET,
OPPOSITE ST. MARY'S CATHEDRAL.
0 DLO FOR
RO
IMPROVED COMBINATION M.
Application of the Newly-Invented Adjustable Horse-Shoe Magnet. RIGHTS AND MAGNETS FOR SALE.
THIS INSTITUTION HAS BEEN ESTABLISHED SIXTEEN YEARS, AND FOR I the past three years its interests have been committed to Universal Medication as embraced in Hygiene and Allopathy. This is but the reformatory demand of the California people, and now embraces in its materia medica Surgery, Medicines, Hy- giene, Hydropathy, Electro and Magnetic Motorpathy, the Inhalation of Medicinal Oxygen, Aqua Vitœ and other mineral spring waters, besides the advantages of a domestic home and a healthful dietary. These various means systematically and scientifically combined, together with the supreme advantages of climate, afford us the rational means for the more speedy, certain and permanent cure of the following medical and surgical diseases than can be performed in any other part of the world:
Paralysis in its various forms, as Hæmaphlegia, Paraphiegia, Paralysis Agitans or St. Vitus' Dance; Rheumatism, Gout, Neuralgia, Dyspepsia, Costipation, Liver and Kidney diseases, as well as Consumption, Bronchitis, Catarrh, Asthma, Anæmia, Chlorosis and all Female Diseases, as Prolapsus, Ulceration, Retro and Ante Version and Flexions, Hypertrophy, Chronic Inflammations and Ovarian Tumors.
Cutaneous Diseases, simple and specific (after the mode of Prof. Von Hebra, of Vienna)-Scrofula, Glandular Enlargements, Cancers, Varicose Veins, etc., as well as the various surgical operations for Hemorrhoids, Varicocele, Saracocele, Fistula, Prolapsus Ani, Urethral Strictures and all sexual weaknesses and diseases.
Consultations and Phreno-Physiological examinations in regard to health, FREE. Office hours from 8 A.M. to 8 P.M .; Sundays, 8 A.M. to 12 M.
DR. SMITH gives Free Public Lectures to Gentlemen every Friday evening, at the Lecture Hall of the Institute.
[ 47A ]
PACIFIC BANK,
CORNER PINE AND SANSOME STREETS, San Francisco, California.
CAPITAL, (Paid up in Gold) $800,000.00
SURPLUS FUND, (In Gold) - 206,110.00
Transacts every kind of Legitimate Banking Business.
BUYS AND SELLS EXCHANGE on the principal cities of the United States and Europe.
ISSUES CERTIFICATES OF DEPOSIT available at all commercial and financial points. BUY'S AND SELLS National, State, City and County Bonds.
INVESTMENTS MADE on orders.
GOLD AND SILVER BULLION and LEGAL TENDERS Bought and Sold.
DEPOSIT ACCOUNTS kept in Gold, Silver and Currency, and subject to check at pleasure. INTEREST PAID on Time Deposits.
COLLECTIONS MADE in San Francisco and vicinity without charge, and at all other points at cost, and proceeds remitted at current rates of Exchange.
O. H. BOGART, Cashier.
PETER H. BURNETT, President.
HOLT BROTHERS,
Manufacturers and Importers of and Dealers in
ALL KINDS OF HARDWOOD LUMBER,
Oak and Rock Elm Hubs, Concord Spokes,
OAK & ASH RIMS & SAWED FELLOES; HICKORY RIMS; HICKORY BENT POLES AND SHAFTS;
Neck-Yokes, Singletrees, Plow Beams, and Handles, Wagon Poles, etc., etc.
27 & 29 BEALE STREET, SAN FRANCISCO, CAL.
Hub and Spoke Factory located at Concord, N. H.
1 48A
-
ANNUAL
DIREC
KORY
SAN FRANCISCO
1815
OLAVEI RO LINS
. Leurs
CITY
CEMETERY RESERVATION
ATLOBOS
CLIFF HOUSE
-
FR .. LERS.
G
THE NEW CITY
ANNUAL
DIRECTORY OF SAN FRANCISCO.
Embracing a complete General and Business Directory.
SUBSCRIPTION PRICE, $3,00.
1875.
COMPILED BY D. M. BISHOP & CO.
Entered according to act of Congress, in the year 1875, by D. M. BISHOP & CO., in the office of the Librarian of Congress, at Washington, D. C.
SAN FRANCISCO : D. M. BISHOP & CO., PRINTERS. 521 CLAY STREET.
GENERAL INDEX.
PAGE
Abbreviations
81
Banks. 20 Board of Education. 14
Board of Health. 14
Board of Supervisors.
13
Business Directory 1085
Cemeteries. 25
Chamber of Commerce 20
Chinese Directory 1221
Churches
21
City and County Ward Boundaries. 16
City and County Government. 13
Consuls-Foreign
46
Courts in San Francisco
17
Custom House
42
Educational
25
Fire Department.
14
General Directory of Names. 81
Hack Ordinance
17
Hospitals and Asylums.
24
Internal Revenue Department.
43
PAGE
Judiciary
17
Libraries 27
Lighthouse Department. 43
List of Vessels.
47
Literary and Historical Societies
38
Medical Societies
27
Military N. G. C
45
Military U. S.
45
Names too late for regular insertion. 66
Police Department.
14
Post Office 42
Preface
5
Protective Societies
39
Public Offices and Buildings
19
Railroads
28
Religious Societies
38
Secret and Benevolent Societies.
28
Social Clubs and Societies
36
State Government
18
Street and Avenue Guide
50
U. S. Mint
44
INDEX TO ADVERTISERS.
Antisell T M & Co. .1191 Asphaltum and Mastic Roofing
Company ..
1089 and 1200
Atwood & Bodwell .. .2A and 3A and 1143, 1194 and 1218
Badger Wm G 11A Chapman & Co 2B
Chevalier F & Co
1155
Church TR ...
1115
Chy Lung & Co
29A
Clark George W.
Claussenius George.
31A
Cobo, Ygual & Co, centre lines business directory. and 1111
Bernard Charles.
29л
Coffin & Hendry .
1202
Bishop D M & Co.
41A
Coleman Wm T & Co.
25A
Black H M & Co.
1109
Colombat A.
.1130
Blake, Robbins & Co
21A
Colorado Steam Navigation Co
28A
Boericke & Tafel
148
Commercial Ins Co of Califor- nia, general directory, bot- tom line
Consolidated Tobacco Co, cen- tre lines business directory and 1213
Cook H N
.1096
Cornell Watch Co.
33.A
Corville Emerson & Co
1183
Craig R R & J
10B
Cross & Co
1149
Curry F I
30A
Curtis J P
32A
Davis Murray, general direct'y, side lines
Day Thomas
cover
De Crano & Duval .... 1089 and 1170
Deaves & Oliver.
404
Doane & Co
.cover
Driscoll C E.
1B
Dulip E A.
1155
Dunbar, Hendry & Lavery, gen'I directory, top line
Duncan George &.Co. . 1089 and 1200 Egerton, Allen & Co .. 1168 and 1173 Electrical Construction and Maintenance Co, 1096, 1125, 1219
Eureka Broom Factory ...
.. 1104
Eureka Foundry, general direc-
tory, top line
Excelsior Mill Company.
7B
Falkinburgh & Co, centre lines
business directory and ..... 1205
Cal Brass Foundry
2B
California Powder Co, centre
lines business directory
Chaigneau A & Co ....
.. 216
Chapin Geo W, general direc- tory, top line
Baird Andrew & Co. 29A
Baptis J H 1187
Bartling & Kimball.
26A
Beadle D.
. 34A and 1169
Beamish P, cover and general
directory top line
Bendel B & Co. 1167
Boesch Emil. 1152 Boyce Thomas 38A Brown G T & Co. 174 Bryant & Taylor 32A Butterfield W. 18A
Buzzi S ..
7B
Angell J W.
1B and 1123| Cal Furniture Manfg Co. ...... 1133 | Cornyn & Boyd.
12A
4
INDEX TO ADVERTISERS.
Farmers' and Mechanics' Bank 39A | London Assurance Co
Farren J W .1109
Fellows E P & Co, gen'l directy bottom line
Flint, Peabody & Co,
centre
lines business direct'y and 1169
Fisher L P.
1085 and 1179
Foster Thomas J .1183
Freeman BH ...
27A
Friel William .
9B
Gallagher James J
17A
Gelien R G.
1113
Geraghty M
1099
Gerke Henry, general directory
side lines
Ghirardelli D .1116
Giller C L ..
16A
Gillespie & Zan
1104
Glasgow Iron and M Impt Co ..
3B
Golden State Iron Works .....
.. 1130
Goodall, Nelson & Perkins' S S Line 6A
Gordon Charles W.
. 418 and 1193
Gray S C .
1153
Greaves B. 1169 Mills & Evans
Grover & Baker Sewing Machns1202
Hallidie A S ..
36A
Hanly George T & Co.
1210
Harkness M M.
1092
Harris T H & Co.
11B
Hawkins & Cantrell, 27A, 1130
and 1166
Heald's Business College, cover 1116 and 1201
Hercules Powder
.1192
Hermitage Hotel.
.1146
Heverin M .1166
Hibernia Savgs and Loan Socty 23A
Hoag Charles P.
37A
Owens J B
19A
Hobbs, Pomeroy & Co, 1101 and 1165
Hobson Wm Gilfillan .1086
Hodge John G & Co 494
Holmes H T
.1154
Holt Bros
48A
Houghton F T & Co, 1096, 1098, 1104, 1108, 1114, 1128, 1167, 1186, 1200, 1218 and. 1220
Howard Mrs R A 42A
Howe William .. 5B
Howes George & Co 8A
Huhn & Luckhardt. 1170
Humburg A & Son
4B
Hunt E O
14B
Kittridge Jonathan.
14A
Kohler, Chase & Co.
1190
Kustel G
1170
Land Mortgage Union of Cala. , 25A
Langland N P 5B
Laswell M D.
10B
Lawton O & Co
cover
Leavitt C H
17A
Lebenbaum L & Co.
13A
Libbey M L.
29A
Provo Kluit A.
1116
Libby S
.1202
Ray W S.
1010
Renz J
1097
Roach John !.
20A
Robinson & Hall
1149 | Rodgers, Meyer & Co
.1168
Rowell Charles. 1189
Sam Kee.
.1125
S F Savings Union
. cover
Sanborn & Byrnes
8B
Sanitarium Baths
1B
Savings and Loan Society 23A
Schlueter & Volberg, centre line business directory
McCain, Flood & McClure .....
.1124
Schreiber Chr & Co.
1132
McGregor & Co ..
11B
McMillan & Kester.
12A
Schulz & Fischer ..
1205
Scottish Commercial.
1150
Sellers J C
4B
Shaw & Sharp
1115
Shoalwater Bay Oyster Co
.1183
Shreve Geo C & Co
.cover
Skinker John ..
30A
44A
Smith Barlow J
47A
8B
Smith H F & Co.
43A
Smith William.
3B
Spaulding N W, general direc- tery, bottom lines
Sresovich L G & Co 6B
St Nicholas Hotel 12A
Steiger & Kerr.
8B
Steinhart W & I & Co
19A
Sterett B F.
14A
Stockman J M .... 31A, 1177 and 1187 Strahle Jacob & Co .970
Stuart & Elder ..... centre lines, business directory
Sweeney J P & Co
.1201
Swiss-American Bank.
22A
Tesmore Solomon
6B
Teubner & Hoffman.
3B
The State Invest'nt and Ins Co - 12B Thompson Bros, gen'l directry, top line
Thompson George C.
1205
Trumbull R J, gen'l directory,
bottom line and
1201
Truworthy F M.
37A
Tustin W I.
4A and 5A
Upton John P.
20A
Van Schaack C P & Co, general directory, bottom line
Varicas L ..
1186
Vice Martin .
.1098
Wason & Morris .
1185
Parke & Lacy
802
Watkins C E .
35A
Weed & Kingwell.
2B
Wells, Russell & Co
7B
Western Savings and Trust Co 24A
Wheat C D.
5B
Willey J M.
1189
Williams H F
6B
Wilson Sewing Machine Co.
.1203
Women's Cooperative Printing
Union.
13B
Liesenfeld P
cover
Locan & Co ..
10A
Locke & Montague, 1148, 1191,
1207 and 1213
Luedinghausen O W.
1123 |
Macondray & Co ...
.10A and 1210
Manning J W.
1127
S F Boiler Works
30A
Marchell Mrs Olive E.
1146
Marquis J.
1087
Marsat M & Co 1155
Marsh H F
1124
Saul & Co
1109
Martell John. 5B
Masonic Savng and Loan Bank, general directory, side line
McNally & Hawkins. 13A
McQuillan B
9B
Mechanics' Mill.
7B
7E
Menomy E T
1191
Merchants' Exchange Bank. 39A
Merrill J C & Co
Merrill P.
Meyer Charles.
1170
Meyer T Lemmen
1109
Mills Robert
Miner HN
Morse & Taylor
1146
Morse GD
cover
Mountain & Raye
Muller C .
Nathan B & Co
1121
Nevada Metallurgical Works ... 1170
Norcross & Co, general directory bottom line
Norton G A.
1203
Swett D L & Co .
802 and 45A
Occidental Foundry
8B
Orr & Atkins
1132
Pacific Bank ..
48A
Pacific Barrel & Keg Co, centre lines business directory and 1119
Pacific Glue Manfg Co, general · directory, side line
Pacific Electro-Deposit Works 1181 and 1204
Pacific Iron Works.
7A
Pacific Mail Steamship Co.
9A
Ullman M.
15A
Pacifie Pottery 19A
Pacific Reduction Works. 1170
Pacific Saw Manfg Co, general
directory, bottom line
Painter & Co ..... 42A, 1125 and 1207
Paltenghi A.
1166
Pasquale B ..
11A
Patch George W.
1206
Pearlman A S & Co
1125
Plate A J.
18A
Pohley & Koster
1215
Pomroy S S
1168
Potter A
18A
Wilson J D.
15B
Potter, Jacobs & Easton 46A and 1150
1135
1190
4B
1182
7B
Meeker W A.
Schultz & Von Bargen
.1155
Wood George M & Co, centre
lines, business directory
6B | Woodworth, Schell & Co ....... 1190
PREFACE.
T HE publication of a Directory involves so many delicate considerations that are not absolutely requisite in works of ordinary character, that it was only after much hesitation we applied ourselves to the task. The expense attending the compilation of such a book is far greater than usual, as a large corps of assistants must be employed to collect facts, and they must be men of the ability and intelligence which will command a fair remuneration for services rendered. The first quality in point of importance is ACCURACY, without which a Directory would be valueless. Next to this is FRESHNESS, especially in a new and rapidly growing city like San Francisco, where changes in business firms, in private residences, and in the marts of trade, are frequent, and where a large number of new buildings are being constantly erected.
The method of arranging and classifying the contents of a Directory is a prominent feature, saving much time to the inquirer, and simplifying his search for information. Another valuable consideration is clearness of TYPOGAPHY, a point that has been too frequently disregarded in works of this character, and one we have striven to accomplish with credit to ourselves, and benefit to the public. Without COMPLETENESS of details a Directory loses much of its value, and we have, therefore, endeavored to fill that want with as much care as it was possible to bestow.
There is nothing perfect under the sun, but by the proper and considerate use of care, diligence and fidelity to details in its various departments we have endeavored to make this work as nearly perfect as circumstances would permit. It was undertaken not as a mere venture of temporary character, but with the determination to continue it through- out the coming years, and, if possible, render it a permanent and valuable reference on all subjects coming within the scope of its legitimate sphere. To effect the full and satis- factory accomplishment of this purpose we have made arrangements for producing a much better and more complete Directory than any other city of the Union can present. Our
6
PREFACE.
expenses will necessarily be largely increased, but having put our hands to the plow we will not relax our grasp until the field has been thoroughly turned over. There are proba- bly no better or more reliable evidences of the growth and progress of cities than are fur- nished by their respective Directories. The increase or decrease in population, commerce, manufactures, financial strength, and the numberless fluctuations in all branches of indus- trial pursuits, together with many other matters of interest, are revealed by comparing the Directories of one year with another, from the present with the far past. Such works have, therefore, a peculiarity of their own, which renders them valuable long after the date of their publication.
The wonderful development of San Francisco as a great commercial metropolis, and the rank it has acquired as the third maritime port of the United States, together with its constantly increasing trade-foreign and with domestic ports-and its rapid expansion in point of importance, wealth, population, and industrial production, are attracting the attention of the whole world. To keep pace with such progress, by elaborating the various features of its accomplishment and onward march, requires the collection of a vast mass of information gleaned only from sources entirely reliable, and in this respect we flatter ourselves that we have been successful.
FINANCIAL .;
The first thing to be considered, in this connection, is the financial status of this city; what are its banking capital and facilities; how much money is there in the community; how distributed, and what is the manner of its management ? There are now eleven Savings Banks in San Francisco, containing the very large amount of $55,000,000, gold coin, in round numbers, which stands to the credit of 60,660 depositors, and is equal to $907, gold, to each depositor. This is far in advance of any other place on the globe, being equal to $970 when reduced to currency at present values, and is, therefore, $627 more than is owned by the individual depositors in the Savings Banks of New York and New England, where the highest average to each depositor is $343, currency. In all European countries where such institutions exist the average is much smaller. The benefits conferred upon a community by the establishment of Savings Banks are so many and so valuable that it may not be out of place to make some allusion to them. They serve as a business link between the richer and poorer classes, and imbue the latter with a sense of independence they would not otherwise possess. They also serve to convince the richer classes that they are, to a large extent, under obligations to the poorer for combining their numberless financial rills into one lake of affluence, from which can be drawn the vitalizing streams to expand commerce, manufactures, agriculture, and all sorts of enterprises. The money so used furnishes additional employment for labor and productive industry, besides being returned to its owners with remunerative accretions. It is axiomatic, that the possession of large means by the masses insures confidence in the public mind, and promotes a love for the permanence of peace, law and order throughout the community, and it is a most note- worthy fact, that wherever Savings Banks do most abound the people are better educated, more independent, and intelligent, and more steadfast in their devotion to principle and justice. We herewith append the semi-annual returns of the San Francisco Savings Banks, as officially reported by the "Commercial Herald" for the six months ended December, 1874:
Semi-Annual Statement of the San Francisco Savings Institutions, January 1, 1875.
NAME.
ORGANIZATION.
OPEN DEP. AOCOUNTS Jan.1,1875
DEPOSITS.
LOANS.
GROSS EARNINGS.
RESERVE FUND.
EXPENS. & AGGREGAT
FED. TAX.
DIVIDEND.
OASH ON HAND.
TERM.
ORDIN'Y
Savings and Loan Society ..
July 23, 1855.
9,877
$ 11,584,949 $ 11,777,696
$558,932
$354,755
$32,889
$508,643
$129,177
9.00
Hibernia Savings and Loan Society
April 7, 1859.
17,706
13,647,635
14,094,083
604,185
852,849
47,459
512,855
290,616
8.00
French Savings and Loan Society.
Feb. 1, 1860 ..
6,500
5,975,351
6,258,596
290,739
182,776
23,775
257,025
365,884
8.40
San Francisco Savings Union.
June 18, 1862 ..
6,127
6,697,968
6,505,971
315,703
225,706
30,014
285,689
190,800
9.00
7.50
Odd Fellows' Savings Bank ...
Oct. 13, 1866 ..
7,649
7,480,334
7,508,615
326,941
126,556
25,300
286,356
197,459
9.10
7.30
Farmers' and Mechanics' Savings Bank
July 1, 1867 ..
587
655,896
551,136
32,990
55,000
6,996
20,249
73,802
10.00
8.00
German Savings and Loan Society.
Feb. 10, 1868 ..
5,990
5,216,060
5,405,865
231,543
135,500
24,896
204,213
64,409
9.00
7.50
Masonic Savings and Loan Bank.
Nov. 4, 1809. .
3,087
1,360,466
1,283,182
71,437
171,838
12,000
59,437
109,230
9.50
7.50
Humboldt Savings and Loan Society.
Nov. 24, 1869 ..
1,548
848,305
805,716
37,784
67,424
6,601
28,808
45,120
9.00
7.50
Security Savings Bank ..
March 2, 1871.
1,002
1,482,019
1,602,792
70,054
160,528
8,552
66,452
36,828
9.00
7.50
California Savings and Loan Society.
July 1, 1873 ...
587
272,194
319,347
16,843
300,000
4,003
12,840
25,886
9.60
8.00
Totals-January, 1875
60,660
$ 55,021,177 |$ 56,112,999 $ 2,557,151 $ 2,632,932
$222,485 $2,232,567 $ 1,529,211
Totals-July, 1874 ..
55,711
50,843,159
50,527,270
2,369,926
2,473,145
195,543
2,048,391
2,688,916
Totals-January, 1874.
51,807
46,745,044
46,857,239
2,266,224
2,091,055
184,520
1,949,610
1,905,591
Totals-July, 1873.
49,305
43,731,223
43,137,027
2,233,890
1,826,967
187,478
1,911,694
1,880,133
Totals-January, 1873
46,060
42,474,935
42,828,962
2,091,113
1,852,770
182,837
1,818,406
1,174,364
Totals-July, 1872.
42,999
40,369,405
40,258,918
1,967,692
1,757,439
179,671
1,712,000
1,588,044
Totals-January, 1872.
41,590
37,033,377
36,542,628
1,986,322
1,510,533
135,816
1,705,351
1,559,548
Totals-July, 1871 ..
38,870
34,541,597
32,310,571
1,737,149
1,485,030
124,559
1,592,022
2,728,325
Totals-January, 1871.
36,862
31,289,550
30,608,376
1,772,872
1,058,036
138,318
1,490,019
2,003,641
Totals-July, 1870 ..
37,136
29,842,112
29,271,376
1,709,638
962,344
138,979
1,446,823
1,957,272
Totals-January, 1870.
34,823
26,634,523
26,276,333
1,576,915
899,550
128,335
1,566,110
Totals-July, 1869.
31,974
24,773,078
24,747,705
1,409,654
822,816
123,559
1,828,717
Totals-January, 1869.
29,893
22,372,508
22,021,510| 1,134,087
725,886
102,686
1,295,646 .
...
7
PREFACE.
DATE OF
DIVIDEND RATE.
.
8
PREFACE.
COMMERCIAL BANKS.
Of these institutions there are twenty-two now existing in this city. We have been at no little pains to obtain a correct statement of their financial strength. Occupying the foremost rank is the Bank of California, the capital and deposits of which amounts to nearly $15,000,000, and its operations are on a vast scale, extending to every portion of the commercial world. Next in order is the London and San Francisco Bank, limited; Anglo-Californian Bank; Merchants' Exchange Bank, and a large number of others trans- acting a lucrative business.
At the commencement of last year the banking capital of the State was estimated to be $100,000,000, but since then there have been very material additions to that amount. Several new banks have been established, and much money that had been lying campara- tively idle has come into active circulation .. The yield from our various deposits of precious metals has also been larger, and considerable outside money has sought employ- ment in this State. The incorporated and private banks of San Francisco, exclusive of the savings and loan societies, now hold an aggregate deposit of $25,000,000, and similar institutions in the interior have about $5,000,000 more; add to these the $55,000,000 of deposits in the city savings banks, and $15,000,000 in those of the interior, gives a total deposit account of $100,000,000. The capital stocks of these institutions do not vary much from $35,000,000, while their surplus asset accounts may reasonably be set down at $5,000,000, showing a grand total banking capital of $140,000,000, gold. The most prom- ;nent of our city banks of discount hold deposits after the following order: Bank of Cali- fornia, $11,500,000; London and San Francisco Bank, limited, $2,500,000; Merchants1 Exchange Bank, $2,000,000; Anglo-Californian Bank, $1,000,000.
NATIONAL GOLD NOTE BANKS.
These institutions are peculiar to California, as their existence in the East conflicts with the operations of the National Banks of that section which do business in greenbacks and National Bank Notes of changeable values. Our Gold Note Banks opperate in accordance with an act of Congress, passed in July, 1870, and another passed at the last session of that body. By the provisions of the former law their capital was restricted to $1,000,000 each, and they were compelled to deposit with the United States Assistant Treasurer, government six per cent. bonds to the extent of $1,250,000 each, and keep on hand gold enough to redeem their notes on presentation before they could issue a single dollar. The restriction limiting their capital to $1,000,000 was repealed at the last session of Congress, and they can now circulate notes to an unlimited amount, provided they deposit government six per cent. bonds with the Assistant Treasurer, in sums sufficient to insure security in accordance with law. There are two such Banks in this city, viz: the First National Gold Note Bank of San Francisco, and the National Gold Bank and Trust Company of San Francisco. Following is a statement of their respective conditions at the close of 1874:
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