San FRANCISCO'S Business. 



CHARLES SLEEPER, Msacfar Saa PranclMO Clenring: Houm. 



THE commercial growth of San Francisco is well shown in the records of 

 the Clearing House banks for the past thirty years. There has been, 

 during all that time, a steady upward climb on the part of the business 

 done through the banking institutions, and the daily balances have 

 shown a most remarkable steady increase. 

 A remarkable condition shown by the table of clearings for the thirty 

 years last past is the fact that following the depression of early '90's came 

 a most rapid increase, and in ten years there was an increase of more than 

 300 per cent in the total volume. It is also a remarkable fact, as shown by 

 the table, that the clearings during the past six years have been more than 

 one-third of the total for the thirty years recorded. 



Real estate and building in San Francisco have been the cause of much 

 of the business done by the banks, but it must be remembered also that 

 every other business has been in most prosperous condition. Manufacturing 

 has increased enormously with the discovery of cheap fuel in the shape of 

 petroleum, and with the utilization of the Sierra streams for the generation 

 of electricity. This has caused a great increase in the bank business. In ad- 

 dition to these sources, there has also been a wonderful increase in the 

 Oriental trade of San Francisco, and the building up of the interior of the 

 State has made a large increase in business in that direction. 



The following table will show the clearings, balances and daily clear- 

 ings for thirty years: 

 Year. Clearings. 



( Ih' lonlht in 



il876 $476,123,237.97 



1877 519,948,803.68 



1878 715,329,319.70 



1879 553,953,955.90 



1880 486,725,953.77 



1881 598,696,832.35 



1882 629,114,119.81 



1883 617,921,853.51 



1884 556,857,691.03 



1885 562,344,737.93 



1886 642,221,391.21 



1887 829,181,929.86 



1888 836,735,954.39 



1889 843,386,150.94 



1890 851,066,172.60 



1891 892,426,712.61 



1892 815,368,724.41 



1893 699,285,777.88 



1894 658,526,806.13 



1895 692,079,240.23 



1896 683,229,599.26 



1897 750,789,143.91 



1898 813,153,024.00 



1899 971,015,072.23 



1900 1,029,582,594.78 



1901 1,178,169.536.30 



1902 1,373,362,025.31 



1903 1,520,200,682.07 



1904 1,534,631,136.73 



1905 1,834.549.788.71 



Total $25,165,974,968.51 $3,653,038,305.83 



