The daily morning journal and courier., 1907-05-08
WORLD'S MACHINERY MART
NEW YORK'S ENORMOUS
Increase in the Sale of all Kinds of Mining and In
 dustrial Machinery.

Within five years New York has doubled its business in the sale of min Ing and industrial machinery and is now the worlds greatest mart for all the principal types of machinery and
 tools. The business is largely confined
 to the district bounded by Fulton,
 West and South streets and the Bat
 tery. In the number of persons en- gagged in office work these engineering
 trades employ several hundred more
 than are engaged In the downtown f- nancial institutions.
 The number of travelling salesmen ana foreign agents who represent these machinery-making corporations is double that of all the men and women employed in all the banks of the metropolitan district. So rapid has
 been the growth of these machinery trades that in two 22-story office build lngs approaching completion near Trinity church almost 80 per cent. of the floor space has been rented to ma- chinery interests. For a number of years most of the important machin- cry corporations have made a net yearly increase In output of 10 per cent. Several of the electrical and steam engineering companies have made net average increase of IS per cent. within the last five years.
 Several of the larger corporations make for all the world and are engag- ed at the present time on contracts for Asia, Africa, all European coun- tries, Australia and for all the islands in the seas whereon mining and agri- cultural are active One of the great downtown corporations has q $10,0OO- OOO contracts in the Vale of Cashmere and $5,OO0000 contract in Japan Tn all this house has foreign contracts to the amount of $35, 1000, 900.
 Another large firm employing more than 3O,O00 hands and with offices in 19 foreign countries is popularly known as the House of all Nations, because among it's engineers and clerks are fluent speakers of almost every lan- guage that is of importance in com- merce. Chinese, Japanese, German, French, Spanish, Portuguese, Italian and the Scandinavian languages are spoken and written at numbers of these offices
 A few days ago a merchant from China in search of machinery for a mill at his home told the head of downtown machinery concern that he was unable to express in English the meaning of several Chinese words in common use about his mill. The presi- ident touched his bell and summoned a hghly-trained and full blooded Chi nese mechanical engineer, who soon demonstrated that he knew much more about the operation of the type of mill than did the owner himself.
 Similar incidents of frequent occur renee in the machinery district, where buyers from non-English speaking are gratified at learning that here interpreters are not necessary, as is the case in Great Britain The abil- ity of the engineering corporations to obtain the services of any required number of bright young men and women for office employment who speak the languages Of foreign parents is factor that is telling powerfully in the upbuilding of export trade in these lines.
 There are now in foreign lands about 5,e0O engineers and mechanics at work for downtown engineering or these upward of 1000 are German-Americans and Spanish