New-York tribune., 1908-10-25

Es loft and other business zones north Of the great
sgysC-spe- centres L is long time since a move
zlt Of great magnitude has been feature of the.
scions q Tie city in which woollen. silk and
-zry ether mercantile houses are located. II
Fsarns that the principal reason that some Of the
zsst fou-thing business concerns in the city are
Fil oocurylng autqGated structures is because
hey did not want 10 be disturbed while modern
buildings were being put up for them. The old
sruc;uTes, however, have become 50 useless that
Hsdsn structures must he erected for their use if
my are 10 do business under the most favorable
Ghduons.
NEW BUSINESS BLOCKS.
Some realty leaders also hold the opinion that the
il1nsl projects between Manhattan Island and
NsE Jersey must naturally result at an early date
Z a wonderful r-slsfornatioa OF the sky line OF
as Old wholesale drygoods, silk and woollen dis
EsSs q tie city With the vast railroad projects
l-a1nsd AID carried out IN this country in the
af ieE- years great change in the Business meth
% q the wholesale houses has taken place, ac-
s4ol1g TO persons Who have been identified with
AlIa tor many years. Years ago the wholesale
asaseE depended largely dTunlTners 10 reach the
sdt purchasers outside OF this city, and il those
lsfs there were .ew distributing centres where
s9aS4 could De displayed adyantageously- The
g G tie travelling salesman who has for his
19c 81 operation Ibe entire country is past, and
Els place raaguidcent shovroon-s OF distributing
i4lors have been erected oy most OF tie great
s@lness concerns q this city.
Ale'e are hundreds Of wholesale houses whose
e7I'a1tng points include Chicago St Louis, Gin
-aas- Kansas City New Orleans, Baltimore and
-9LosL-s- From these distributing points the
h;5s-san goes forth 70 places somewhat remote
I'h TIE grear railroad trunk lines but which are
-3-isred srC-E the active purchasing districts.
Z lt distributing points come annually or several
A-if 2-r-ag HE year The vast army Of retail meT-
eenis who ike along the railroad lines and This
-f-es IN business methods has not only resulted
T great leszz-tug ct the cost Of placing goods
'FfFe Tie merchants, but has also made each dis
i1'ag POINT a greater commercial centre than
NfIy years az. These distributing points are
Ffr7sd 20 Iu the wholesale trade as showroom
fres, and The greatest Of these centres is this
] DAYS or sHOWROOMs-
! A he aim q every wholesale house that seeks
= te'll2y high place in the business ia which 1t
fe'tFe 10 have large exhibition rooms or show
-'S-a within ;ae boundaries Of the greater city /
IAe city my -Cw be found the main OF centTa! /
l1-lIg rooms ~ most Of the leading whole 1
Il -foases Of t--s country, and these sh0wrooms I
one OF TIE greatest magnets TO out-oi-toWn
-fc1gRals and buyers.
{ Is difficult task 10 estimate, accurately the
Ter OF visiting merchants in TINS city each 1
ooine hotel men ssy that close 20 one hun 1
+, go hily thousand come each day. The pros
- !- tte theatrical circles is said 10 be largely
= y l-is eaaugl u business methods When /
y so travelling salesruan would 90 on his long
$50 nom 1i-s city To the retail merchants III
,sf i-acez there were few paying theatres within
!. mares q the greater city. And the NUM-
- persons prominent ia the local realty trade
- -Y1sa &c induced 20 purchase or 20 become
- IL tle building Of a theatre, even II the
- fto2eclers guaranteed him against any possl-
* posses was small
i THEATRES As INVESTMENTS.
Nv ne resl estate market looks upon theatres
49, ieOl 1le most attractive and therefore one or
real estate investments on Manhattan
- -; several Investors are desiroUs Of adding TO
nj 80 holdings by Tie purchase OF a theatre
II = ,Ie nope Of becoming the owner Of a play
,nI eey nave visited many Offices and impor-
n ~ owners of amusement places 10 sell out
81 fs@l'leai men have, however, TUNED deaf
i - af5r plead-nrs
I'll i'1e.aE' just south Of 6sth street was asked
nd - - hE "'" II tile biggest realty investors OF
NJ -, = Ae would sell his theatre. The prospsc-
sssL informed him that he had no inteston u
4 manage q theatrical show and therefore
erl afa'i'' an ilc owner Of the site tie tenancy Of
gr..s Us 'f iac premises would not be dis
h cur F" liiaius refused 10 entertain his offer.
z-j,l- 'i-sl tie only way tllese really investors
ID -''@lie outright II 10 build one and then.
d. : 'll' ~ i!ie theatrical ssndIca les