The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1881-10-20
Rents In Wall Street.

Rents in Wall Street for the coming
year have doubled, and in some cases
trebled. The writer heard conYersa-
ton between broker and a German
real-estate owner on Tuesday last
which he has permission to print, with
the proviso that the names of the par
ties shall not be made public.
"This demand is simply outrageous"
said the broker. ''Here I've been pay
ing you 81, 800 a year for this rat-hole
of an office, and now you tell me that
you must have sc, 900 a year from the
1st of May next. Why, it's an advance
of 300 per cent" .-..-..-. esq.,. OIL.
"Now, don't you got excited,' re-
piled the real-estate owner "Ve
meek nodding mid a wight already. OF
you can do peter NIT yourself don't
you keep to blace. OF l can do peter
mis- mineself 1 dook to obbortunity.
Dot is not my fault of 1 got seven dou-
sand tollars for te blace. dought you
vas always goot bay, unit / geef you
shanse-dot's all wouldn't pc hart
on goot customer"
"Wen," said the broker, 'ethe loca-
ton suits me. I've been here several
years, and my customers know where
to look for me. don't want to leave
the Office. Make a reasonable advance
and L won't growl. But 800 per cent
II must say that's rather steep.
You've four other offices in the build
ing, all larger and better than this, and
fair advance all around will net you
more than ten per cent. on the value Of
the property"
Don't you know as eferding vas
goin' upP" the owner replied, laying his
fat hand on the young brokers' shoul-
der. Ivy, pootpleck could seen that.
Te real-estate owners is te shlowest
beeples in te shtreet. You put your
seats in te Shtock Exchange way up to
dirty tousant tollers. Dot is dirty y-tree
millions for vot vas cost only dwelve
huntret tousant. TIE Shtock Exchange
broberty dot is all she is worth to-day.
You make. "A bull NIT to shtock unit te
ponds, unit tey sell more es four or five
huntret per cent. dan the orichinal
capitals. Wy you complain of leetle
race OF dree huntret per cent. in your
rent-hayP l dink mineseh We be too
easy mid you"
''But don't look at it in that way"
rejoined the broker. 81 know our busi-
ness has been good; but supposing we
should move the Stock Exchange fur
ther up town-what do you think this
fourteen by thirty of a place would bring
thenP''
mine ffent, dees ting she don't
work, " the real estate owner remarked.
''Dot Exchange she kent move up down
you know dot shust so vel ess KNOW.
Now, We come to peesness. OF you
don't sign te lease for seek tousant
thees year, Wy dock de seven tousant
OF you sign te lease, Wy don't dook to
seven tousant- dots all apout i'd. Wy,
don't you see ess l lose a tousant toll
lars out of my regart for you-heh?"
The broker took the pen to sign the
lease by Joye," he said, 'Fyou'n
get as much in one years rent as you
paid for the whole building"
''Vell, dots my peesness," replied |
The owner of the property. 81 couldn't |
help dot, eef te penkers unit te prokers |
ees so dhick thet te offices don't gone |
count. Ven Won firm tey offer seven |
tousant tollars, you must be insane of |
you dink We let it go for wore tousant.
Vat you dink off man who eskt you to |
sell a huntret shares of shtock at par
ven hoontret en- feefty is beed-heh?
You plane yourself, and you got EN-
right. OF te wise men vat menage. te I
Shtock Exchange kept gweit teir inten-
tions. or advertise for kround NIT new
Exchange, den you vas all right. You
coot mex your leases, unit dings vas
deterrent. But te new seats tey vas
solt, and dot broberty atchoining she
vas pought, and you maket te Ex-
change pigger. Now, tey spent so much
tey shtay we're tey is-not
much tey don't moot, no, no. Of teir
blunders mex it so nice for US, it vas q
good ting all arount."
"But the Office is sadly out of re-
pair" the broker suggested.
"Ven, den, you feex it yourself"
was the reply We kOt no objection. |
Dots ali right. Of te seventousant
-ollar firm took it tey fix em up in first
class style for te peesness.
The broker signed the lease, and the
landlord bowed himself
put, after assuring him that he had act
I'd like man of "peesness. ~. Y, SH7s