New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-13
WEST SIDES BUSINESS.
ENTERPRISES THAT HAVE PR0sPERED
WITH IT'S GROWTH.
INSTITUTIONS THAT SHOW THAT THIS
NEIGHBoRHooD rs GOOD FOR TRADE
AS WELL AS COMFORTABLE

FOR LIVING.
No better illustration OF the growth anu I'M
portance Of the West Side is to be found than
that OF the development and success OF the imam
c,al and commercial enterprises which are de-
pendent upon the jewellers in that section ioi
support. There are many of such enterprises
which were started on the West Side anywhere
from Ave TO ten years ago. when the population
ves sparse Their beginnings were small out
,he promoters were far-seeing enough to recog
re in the section one that by the nature OF
things was destined to become popular with the
substantial and well-to-do classes OF the city
Interviews with men who went into business Oh
the West Side 1--WE years ago bring the same eN-
preston Of opinion sn nearly every case-."es
went 10 that section because they pehe'eu III
its future; the only surprise has been the rap'u-
fly with which their business grew.
PARK g. Tilford the grocers for example nave
aons busjness in New-York for fifty years or
more. but II was only about five years ago tha'
they realized the necessity of opening prahcn
70 supply their trade west of Central PARK al"
north OF Fifty ninth-st. This pranch ousi"esS
has attained such large proportions IN h'e 'e"''
that II requires seven-story buhdihg al 0e
enty-s econd-st and Coumbus-ave. which Is
stores from cellar TO roof with groceries ana
Nrfn
own ho,tIing on the premises. In order to sup
,,v GO wes, Side customers with their goods
promptly. twenty wagons are kept on the go
,ror, morning until night. This is only one IL
Illustration from among many in this favored Sec
ton of the city but 1t may be taken as an eN-
annie of the remarkable expansion of TRACE
which a few years have accomplished
Among the financial institutions which began
"a convenience for those who wished to bestow
small amounts safely may be mentioned the
Hudson River Bank. also at Seventy second-s''
and Coumbus-ave The bank was started Ill
January. 1883, with a capital OF SZOO'oW. AT
that time the West Side was just beginning 70
omen up and IL was thought tnat the uanh
would prove popular with people who lived there
ana VINO might wish to keep small deposi!s IN
a bank near their homes. although having their
larger accounts downtown. The ldea proved d
popular one and the bank fiourlshed from the
Start II met a long-felt want. and win women
especially was an institution in great FAVOR ~
loom was provided for the exclusive use Oh
women and they form a large part Of the banks
clientage at present. ,
AZ the end of the first year OF the Hudson River
Banks existence its surplus was So9o.soo 49, 20.
A safe deposit vau, and individual safes for
rent for the eafekeepng OF papers, Jewelry'
etc. were among its popular features
But as the West SIDE grew and became sec
ton for the homes of wealthy and well-to-do
peop$s. II was seen that the bank Original pur-
pose might be broadened to advantage. 1t was
therefore DECIDED to merge with Larger ANA
effected with the Corn Exchange Bank. by when
Il became operative as branch of the latter
institution. .oo 600
AS such II has q capital OF $3.0o00OO. and the
bank is made attractive to the largest deposi-
tors. The personnel Of the bank remains un-
changed The present officers are Frederic b
Elliott president Peter Snyder. cashier. ana
the Advisory Board is follows Albert H.
Mtrran Thomas 4. Mcintyre. Hugh j. Grant
August Blumen thal, b. Aymar Sands. Bradish
Johnson, William r. Peters, Joseph II. Parsons
and William A. Nash. 10 $500
The number Of deposltors is about three thou-
ssnd and its deposits amount to SlJooUn
The bank owns its building at Se0enty-second-
1T and Coumbus-aVe.. and Ia concrete repre-
sAntat on Of the financial sodity of the west
eide
Another interesting illustration OF how bust
ress IN this section has expanded Is furnished
ly the Columbia Storage Warehouse at Sixty
seventh-st. and Columbus-ave. The warehouse
row forms imposing pile. covering an entire
block. and including Nos. 49, lJl. lob and LOO
Colunbus-ave. This buildinsris freproof. but
the concern alao occupies non-freprOof build
irge. at Nos. 80. 81. 60 and B2 West Sixty sew
enth-st. II employs al all times 100 to 10 men,
and parade OF its vans. which was seen few
DAYS ago. covered nine city blocks.
The remarkable part of all this Is that the
business wac started less than ten years ago
and at that time had more room than II required
IN a building occupying one plot % by lOO feet
The prosperity OF its business is directly trace
able to the growth OF the West Side for its use
fulness is practically confined to persons living
in the neighborhood.
II is impossible In the limits OF single article
TO name all Of the business enterprises that owe
their stability and extensiveness to the West
Size movement and those that have been men
toned are given merely to illustrate the general
truth that for successful business enterprises
as we'll as comfortable and pleasant living, the
West Side offers unlimited possibilities.