The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-11-20
BROKERS' FIRE VICTIMS.
.,xv EXCHANGE MEMBERS WE'RE
bA' pURyED OUT YESTERDAY

-
-. omce Building mt ~ and ~ broadway.
One Of the Few Downtow Not Fire
III. Practically MISREPRESENTATION
Reconnaissance Buried In the Cellar.
~. oonce building at ~ and "a Broadway,
..,anding through to New street. wal practl-
M dastroyed by fre Yesterday morning. It
e.occupied chiefly by Stock Exchange brokers
= The loss OF accounts and the deranRement
= lire facilities interiored materially for a
H. With the business Of these members on
,ha T,ehange. Great energy was shown in secur-
/, W. wv ,oW offices. and by Monday oil the firms will
s '. in ahapo to 70 on. although many OF them
IN sufer Inconvenience by the confusion OF
counts. Several safes were buried In the
,'ins and could not be reached yesterday. but
IA presumed that their contents arc not
S,m,eed. The building was one Of the few on
LEAR Broadway that were not hreproof. II was
TNIh,ict. five stories high on Broadway and six
.ysv street. In New street It was numbered
W md "a. 1t was owned by Peter Marie Of o
ro.t Thirty seventh street. The damage IL
,,timated at about 100000.
Imonr the tenants were d. Lapsley a Co..
81 plood, H. T.. Chapman. Jr.. @. G. COTE d
N W 4. Beekman q Co., Cummings q Co.,
v,i.s Mccormick 4 Co. II. 2. Campbell 4 Co..
uaNry Bros. O. H. Dachem& Co.. Buckley 4
rSaob Dominick / Dickerman. f. c. Humbert
= San. James Raymond, all members of the
s,o,E Exchange; L. J. Lewis s. Co.. Ware q
IS,nd, Jacobson & Co.. s. N. Bogert d Co. W.
= lawrence. T. @. Delavan, G. B. Green &
n, and 1. R. Brooke h 90. In the basement was
an office OF the Western Union Telegraph Com
n,nv. II was next to the largest OF the down
town branch Offices. 1t Is thought hat the
a,s started there. Owing to the destruction OF
an wires running from IT. there was much con-
In,op in the business OF firms not in the dam
,rsd building. All the wires in the Union
Trust building. next door on the north. ran
IN n cable through the wrecked telegraph
osee. So when Moore d Schley. Bell & Co..
Srbwartz, Dupee X Co.. and other big firms
IN tbis building started In to do business by
, ,sjTesu cut yoG. The United States Weather Blu
EIoop from the. Western Union office at 195
sTSncS Once 20 at ae' q, SsatSer reports were
X, ii. stuart; wO5,lsy and Thhecodore Price e
fed OF the FIRE by telephone very early. and they
room Is in the building at 10 Broadway. which.
Are. They moved all Of their belongings
into this building and rented ANOTHER Of
ags at r. New street In the MSEnh attain
b htY not Sosn affected. by $50 O'clock they
had part Of their wires in working order and by
b}O oas. al sb. Of t Nss s weEe to rea aSs st T@sif E GlSSaaiaS
Clearing House on time They were fully In
sured and their only d%iniculty will arise from
the confusion in their accounts. some OF which
Other firms had the same and even moro
serious difficulty in this respect. all papers not
Is possible the Stock Exchange declared that
duplicate orders should be made out Tor all OF
the firms that suffered:
Henry 7: Chapman. Jri He, is a member Of
paintings in his office. They are a total loss.
ETY.. couTbet and iancret. One BY Lancret
vas valued at $500. Their total value was
estimated by Mr.. Chapman at $4,000. There
was no insurance. Two years ago the insur:
ance rates in the building. were doubled and
Mr.. Chapman. on account OF this refused to re-
The tenants who were members of the Stock
Exchange received prompt assistance from
their fellow members, who rendered the use Of
l @sDe 0tDG srra 1oe Snslas's could ppld5pSSs e m adal Rf shre
Ere was discovered about 80 o'clock by Max
Schneider, Waterman for the Empire building.
alarm. and as soon as the firemen arrived three
more alarms were sent in; The fire was at this
tine in the basement IN the eentre OF the
once, Under Chief Bonner's orders the
hrnen broke in on the GROUND ho0r
t isSI q the HI hall "wWihere flames could be seen;
blythe smoke and singed, about the lace. He
lived on The top floor Of the Building with Neil
Knudsen, the ~janitor. knudsen. who. has. o
wife and two children. a boy of Il and a girl
and fernan had gone downstairs. to sec
what caused it. It was lucky for him
that the fremen entered when they did. They
The fire had assumed large proportions. The
andths flames flew up the light shaft. spread:
through b two tSf sp tight shafts and the elevator
shaft Soon the WHOLE RuildiDg, was a furnace.
hI ID tf hem mea az knp Ss had beer ao having q
Pernan. but the flames drove him back. He
putt wife and children and . woman who
O VA s4i91psp %hE with the fsmily onto the roof
floor Of the building. While hunting for 1t his
f sas escape saH 1901 on T ths M New Sn s Sae e S Tsn' 4 s2 sns
on the root were also saved. Within thirty
The building began to give way. There was q
san, IN almost every office. and pretty soon at
ne New street end, where the IRE was %iercest,
ing with, the floors from the. top to the
cellar had the effect Of explosions as they
9Fg Is through floors. Fireman John Fay Of
II back draught and badly burned. Thomas
Mcdonald. a battalion chiefs driver. fell and
broke his collar bone, and Fireman Soanlan
not out until nearly 8 O'Clock. The windows Of
me Union Trust and the Manhattan Life build
ihes, which, lowered up on either side. were
SioKen BY the heat. The Broadway cable cars
were blocked for a time.
Hniei Bonner says that q. man rushed up TO
nIn about the safes on the fourth floor. When
IKE inlet tod him that they were all buried he
had 100000 worth OF securities in the
I nav, ne = reported to have said. and had to
Then he ran of without telling his name. IL
Snpt customary for brokers to keep securities
btnelr safes over night. but In the Stock Ex-
IFra w vaults. Another sufferer by the IRE Is
nteu EOerlin; who ran a saloon In the base
W HsPt on the New street side of the building.
nv ~ very popular with the Stock Exchange
members, and some OF them suggested yes
ieriay That the rostrum be draped in mourn
t IN ~ ms account. 1t IL authoritatlyely stated
'"'' Eoerlin saved his slate.