The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-12-04

For upwards OF quarter of century the DRY
goods trade of New loik has been IN a very unset
tied condition regards locality. No other branch
Of the mercantile community hAs displayed such
nomadic aud wandering chara.ser and lis mgra-
tory nature has often ruined even heavy dealers
while the small Try hive always been swallowed III
the grand movements from one quarter 70 another
which have taken place. Many, very many years
ago, Broad street tae great Of this trade
combined movement, about thirty years since,
sent 1t like a Shot to Dcy street, ana subsequent
movements, through q plentituie OF trials, have
driven 10 to Church street, where for q few years,
1t has apparently been permanently anchored.
Most uncertain has been Its tenure It's present
leasehold: but shortly after tho erection OF Ciains
mammoth store operations OF real estate owners in
the vicinity gave promise that comoinatlon
would be entered into to prevent the trade from
travelling up the island with the march OF improve
ments. TINS combination has been tacitly formed
for the past ten years. but lew houses hare been
bod enough to leave the prescribed grounds OF the
trade. The apprehension, perhaps, that the satis
factory attitude OF heavy dealers toward the present
locally might not continue mas excited degree OF
solictpde among some veal hy men, aud tie result
Is that an organized combination now exists This
body, provlded with ample funds ana moved by
spirit OF righteous enterprise succeeded in con-
vinclng the City Hospital tnat II the grounds Of
that institution were cut up into lots leased
for term OF years, with Pearl street con-
tinued through to Thomas with Thomas
street Is, opening into West Broadway, the III
novations would be remunerative to the Institution,
the lots would be source or lucrauve revenue,
Broadway In the vicinity would be relieved OF mucn
offs crowded travel aud the project wouli become
An important pubic benefit. TIE hospital people
moved with aacrity, and the astonishing ollty Of
opening new section OF street, OF building it up
with handsome and imposing structures, OF cutting
away and grading steep emoankments and OF CON-
pletey setting the permanent roothod OF the I'M
dry goods interests Of the city have all left
their Ian dnalks upon that progress which the
columns OF the HERALD have from time 10
time recorded, especially concerning the great
improvements which In the past year have In cost
exceeded s5O,0o0,0oo.
1t VIII be remembered that the grounds OF the City
Hospital rose TO considerable elevation from the
curb, slopng away In neatly trimmed iawn until
The green sward led IN the OF the build.
ings Church street. ON all ihs IS gone Nothing
remains Dut the large main structure ironing on
Duauc street the rest OF the enclosure beng occu
pied by new bulldings or by foundations from which
Will rise stately structures. The body referred
accomplishing this caange Is the New YORK Real
Lstcte Association, embracing in Its organization
q large wealth. vast deal Of enterprise and an I'M
damned buldnes5, comprising sucl names
George D. Hoyey, OF Boston; John siade. Samuel D.
baLcuck II. IL. Claltn, j. j. and w. ". Cornell and
others, OF this city. From these names II Val readily
BE- seen mat the special interests OF dr5 goods dealers
have not DeeA neglected., and That We'll concerted
plan has been adopted 10 defeat the aims Of specu
lators Who lUrln stro1g coInolnatlons o influence
business centres nom no other motive taaa that
Contained III desperate greed oi gam Tnis is well,
because it restores equilibrium to commerce, nXcs
violent cOnvu sions into wnica the former unsys
tcnaLc and helpless condition oI leSseeS often throw
tier financial inserests.
outside Il these considerations named there are
others, when purely local aud geographical.
Tn most important, perhaps, is the opening OF
Worth street, cutting through ba&ter and Mulberry
streets, thus reaching Chatham ssfees III a broad.
CONTINUOUS and uRopstructed tD0roughlare. Such u
enamel Is all nesiinaD.e boon 10 Inc lower part or
the city. Thus several new lateral outlets have
drs goods trade and It's woncrous growta Indicates
that more VIII DC needed. Lake sinai. homestead,
tina. requires new wings anu appropriate doors witn
1resl additions TO the famly lAs quarter, In order
10 thoroughly oomestlcate new corners. must not
ony nave capacIous stores, but untrammeiled means
OF met and outlet. Inis We have SHOWN Is near IT
hand.
BgnDnos ON WORTH AND NEW PEARL STREETS.
There seven buildings either wholly con-
structed or in process OF erection Worth and
Pearl streets, every alternate store extending
through from one taorougnIare to the other Eacn
building - feet inches vide. But the stores are
not all oil equal iengtn VI the fourteen the seven
extending from Worth to Pearl street eacn has a
length OF $50 feet Dut the short stores only 81
feet deep, with yalos In between Them, tnus enabling
the rear OF the snort stores and sides VI tue long
ones TO secure the UTMOST desirable quantity OF light
Rud ventilation by means OF windows. The rear or
tue short Worth street have Illuminated
skyllyhtS the drs ss0ly which feet wide.
Win the long stores the buildings extend through
to the cellar basement, FIRST and SOC nd stories.
Thence the rear Of these structures viii correspond
with the alignment OF the snort stores. over the
second story ana III tue centre OF each OF the long
stores, rdnning nom stree. 10 street. large, hand
sOmey ornamented glass dome viii be placed, SO as
needed.
with basement and cellar. From this fact, aud with
the vast area OF nearly 10000 available square feet
which eacn large store viii contain, and with the
5000 wthin each Of tie small stores 1t be
what line accommodations Will exist for all extended
increase ia lie dry goods line.
Tue general proportions are large and promise
wei for comfort and free circulation OF ar. Tue
cellar has clear height OF feet the basement u
feet the first story 10 ieet the second story IL feet
He tnird story Is leet, the fourth story Il feet the
NTH story II feet and the sixth story 10 leer
Inches. The ffonts are constructed OF massive iron
work cast by J. b. 4 W. w. Cornell, ana the style
OF architecture IN hich they have been wrought IL
apian Italian. The external appearance OF both
elevations Is imposing Ia the extreme In them
are combined bold and lofty columns, symmetrical
bases, heavy cornlces, Ornamental capitals, tasIe-
Iul tiansons and these e1ects rising story story
terminate IN grand oyelhang.ng corIlice, which,
II ANYTHING, IL too handsome for the material.
These buildings are all built III the most SUBSTANTIAL
Nabnerj tho foundations are staple deep suIken,
concreted ana rest beds OF quicssind. The
frames are knit together In the strongest way ana
auin4t Va tiio nesfisoA bsptElnpU-el burdens
known 10 storage. steam viii Ue placed tnrou .nou,
the buildings and VIII serve as power for propei.
ling eieyatoTJ IN eacn blildD,, well as smoothing
of heat. In furnishing the steam WORK q good
deal OF care has been observed. -Four large nori-
zonLa tubular boilers have baen placed the cellar
vauiIs Worth street OF tie three middle stores
These boilers VIII DC used IN connection win pumps
engines. tanks, iuel. water &c. One OF tue com
pieteSt and most unique Arrangements Tor vennla-
LoI Known In tbs country has been introduced In
the Oulidng. Jhis system consists or ventilation
through tue iron columns A new feature IA New
YORK plumbing has also been intrOiused--that OF
Substituting tie use OF brass pipes Tor the lead ones
COMMONLY employed. Nc plasiering Will be used on
the interior or the buildings save where absolutely
necessary, and wood Tflil % employed instead.
in other respects the interior fittings viii 90 Gle
gam, substantial and Of utility, chestnut being used
where practicable. All OF the window frames and
Bas aesNlil De wrought In hard native WOODS. and
Eraa care VIII ne taken 10 make this part oil the cou-
htfaca0n IN Keeping with the solid character OF the
RES OF The buildings. Among the new features viii