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San Francisco is the fourth-largest city in California. The city is located in the northern part of the state between the Pacific Ocean and San Francisco Bay on a narrow arm of land. The city embraces San Francisco Bay which is the largest land-locked harbor in the world. San Francisco was named on Nov. 7, 1595 by a Franciscan father. In 1776, the Spaniards established a military post, and a Franciscan mission on the end of the beautiful peninsula. In the following year, a little town was founded around the mission. It was called Yerba Buena, Spanish for “Good Herb,” because mint grew in abundance there. In 1846, during the Mexican War, Yerba Buena was taken over by the United States. It was renamed San Francisco in 1847. There was population explosion in the city When gold was discovered in California in 1848. There was a great disorder which followed a period of more orderly growth. The foundations of the great commerce and industry of today were initiated during this time. San Francisco faced the nation's most destructive earthquake, which practically destroyed the city in 1906. The city was subsequently rebuilt. It emerged as a leading transportation, industrial and cultural center. The American explorer and soldier John C. Frémont, known as The Pathfinder, named the entrance to the bay "the Golden Gate". The port of San Francisco is a vital part of the economic and cultural fabric of northern California. The port is home to a broad range of commercial, maritime, and public activities. Its major shipping terminals serve shipping lines from around the world. The Bay Area has been appropriately called “Bionic Bay”. The electronics and biotechnology industries are well represented throughout the Bay Area. One of the flourishingindustries of SanFrancisco is tourism . San Francisco is also the focal point of banking and financial center of the West. It is the home to a Federal Reserve Bank and a United States Mint. More than 60 foreign banks maintain their offices in San Francisco.
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