The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-10
EFFECTS OF THE PANIC ON THE NEW
BUILDINGS.

One OF reporters visited the principal build
inss thai are being erected In the city, 70 what
effect the present financial panic has had and having
upon them. The number Of buildings upon which work
has been entirely suspended quite nmlcd but On nearly
all OF them the number OF artisans and borcrs employed
very sna-just sufcien, 70 keep The work from being
dead lock; all the rest OF Tho force has boon dis
charged.
There are Abou. sixty employed the large brown
stone structure situated n the Of Broad ray and
Grand street. and owned by Brooks Brothers No mon
have been discharged from here snoc Me panic
company propose 10 keep good force to work I'll ,hs
building 10 oc mpIetcd
The york for me large store iha, was commenced on
The corner OF Leonard street and Broadway just above
Applcous stor-, 10 entirely stopped Not was st
WORK any part Of the building.
There only nosn :. work the large buildings
Ing the whole site Of The old rabernaic These stores
occupy very advantageous stustior, being erected
y, a., oesora .ua msoe op nua 'ne .ors on them has
them wednesday vi.
The marble store erected by Solomon Hart, .. 800
Broadway, h nearly completed. limited number OF
completed.
some thirty men are employed On the new mayble ssore
efwm b Asior, Al 800 Broad say, and sufficient mum
Der will continue 10 work he store tIl u 10 finished
Wood q Chriry's new house on Broadway 10 Desrly
completet and wortren win be kep. coassAniy employ
cd on until is nnahcd
TIE NEW STORMS IN cHAMspRs STREET.
Thero arc some forty mon employed on Inc marble
front ofo % and 81 Chambers street vned respectively
by rrman, Jr, AMI @ Frmap, Jr. The buildinss are
nearly completed and there win be no saspeussn Of WORK
About thirty mon are employed on the ne iron from,
building being crested 81 Chambers street, by Irlsh
Emierani society. for an smlran industrial asings bank
affect the WORK on mis- building
met two nne marble fronts being erected al 81 ana so
men TO work on them; and M sevsrt said 70 be iii
right, bis employees think thcv will not be turned 70
sh.h for themselves curirg the bard iime'
Hosach, are about completed, AMI are lsbecd "ro
Ten or twelve men are as work the marble iron,
Store being erected 100 Chambers street. by Mr. Peter
scn. No discharges have recsuiy been made, and the
present number of men viii probably be employed tho
there are cnly twelve men ss vors on The new msrble
front aorc bens erectcd 81 No. Ill Chambers street
number OF men have been discharged within few days
rmt
me foundation for ivo stores has been com menod q,
Nos and g Chamb,rs ssrces By Mr. Higgins, but The
work d now entirely suspenoed.
Twelve men hive been discharged from The ssors n No
a Chambers ssree, being built by rhos Smith, ESQ
ing, and the foreman doaf know how toe may
be emit ely suspended.
me new marble from, being erected .. No las Chambers
street. BY Rebt T. stewart, E.q has nfsecn
poyed upon ~ rhs store win probably be hnshed with.
out any suspension Of the work.
1853 and lss Chambers street, by Francis "a s,s
vens, and 1b7 same street, owned by Mr.. VIM Lee
ony some W men empoyed upon mem, but the rst store
ID about completed and ready 70 lot Thore been no
discharges since The financial revusou, and the parties
building them there win be suspension OF the work
until all the buildings are completed.
Some 10 IL retained the marble front s.ore
being erected n 1b2 Cnsmbers sreel
The work 10 entirely suspended on the nev store a la
Chambers street.
The iron from. store 100 running through
10 the next block, and owned by Mr. Jones hes q small
number Of workmeu engaged upon To-
NEW STORMS IN orHyp STREETS.
large nne brick store, with brown ssoueNr m mInrs 10
nearly completed n the corner OF College place and war.
rem street r-eve are n present engaged upon n,
shcre have been no discharges on account 6 the psnlc