The Washington herald., 1920-08-01
New York City.
A. New wall street.
BIZ o. o. Mcintyre

second and threatens TO vault up to
Columbus Circle. The surging OF
districts in New York takes. the
most unexpected leaps.
No one ever thought Of another
Wall Street, so firmly intrenched
was this downtown district. But
over night new money mart has
| arisen miles north Of Fulton street.
Little Wall Street has sprung up
in the Grand Central Station dis
trict just as quickly as a new hotel
district arose.
Big Wall Street has something to
fear from little Wall Street. The
! Manhattan Hotel has been taken
| over by financial interests. The
| glories of Sherrys now fade into
| tho majestic dignity of Guaranty
| Trust Company's steel vaults. The
| Equitable Trust Company Is at Madi-
! son avenue and Forty-fffth street.
| Andrews & Company have moved to
| West Forty-third street until they
can erect a new building on a site
secured nearby.
| The Astor Trust Company is at
Fifth avenue and Forty-second, and
the Borden Company plans the de-
velopment of the Madison avenue
and Forty-fourth street corner. On
| top of this comes the rapidly ma
turing plan for the erection of the
| Park Madison Building, the great
est cooperative business structure
| in the world.
4 The whole thing presages a COM
petition for big business supremacy
between old Wall Street and the
new which is most interesting. Com
parison shows that the new Wall
] Street Is growing faster than any
1 other locality has ever grown, and
| that within a decade the quarter
! n lie of property surrounding the
! railroad terminal of the New York
| Central lines will have reached the
state of extreme development, such
as is found only on several Broad
| way blocks south of Fulton street.
Travel downtown is becoming
more and more congested. The SUBJ
\ ways are packed and jammed We
| hicular traffic moves snail-like.
| New York districts follow the lead
| ors like sheep. Before the next
year scores of prominent Wall street
houses are making plans to join the
exodus uptown.
Several hotels in the Forty-second
/ street district have closed to make
| way for financial houses. They
| formed part of the Forty-second
street Country Club. The hotels were
the links" Here. during the days
! before the Volstead act, the golfers
would drive off from the bar at the
Grand Union to the nine-hole course
| that took in the Belmont, Park,
Murray Hill. Knickerbocker. wallic,
Astor Ritz Carlton and Vanderbilt
"holing OUT at the Manhattan. The
! Grand Union is but a memory; the
| KniCkerbocker has closed it's doors:
| he Murray Hill is soon to pass and
this famous and well played course
is now no more.
He Counts Smokers.
Every nth man who passes a cor
ncr Of Fifth avenue and Forty-sec-
| Ond street, daysor night, carries in
his mouth cigar. cigarette or a
/ pipe. Only aboHt one in fifty has a
I pipe, while there are twoscigarette
smokers to every cigar smoker. OF
| every four men who pass the corner
not smoking two are occasional
smokers, or habitual smokers who
! do not happen to be smoking while
| going past the corner.
/ These statistics were compiled by
a man whose job it is to stand on
! the corner eight hours a day and
/ make the observations. He does not
stand there every day but every
I once in while. When the head of
a big cigar store system, which
( operates chain of stores, wants to
U N nN iy,sr s,l sp
getting along an observer places
| himself on this or some other busy
corner and with a mechanical count
recorder in each hand-one for the
/ rC n mokers-be gins to take down
I the figures.
About a dozen men in New York
make their living by counting the
number of people who pass a busi-
mess site in a given time. An ex-
pert observer with his mechanical
counters, which makes a little click
! ing sound like the castanets OF a
| Spanish dancer, is able to judge just
about how much business a site will
furnish in a week or a day.
A Real Policeman.
A visitor to New York went over
to Weehawken this week to visit
a historical spot. He wanted to see
the place where Aaron Burr pistoled
Alexander Hamilton. He was a lit
tie hazy about the exact location.
So he went up to a policeman stroll
ing along the street.
Officer" he said. Just where
was it that Aaron Burr shot Alex
ander Hamilton"
The officer scratched his head,
then replied: 81 dunno, just ex-
actly. You better go to the police
station around the corner. I amt
seen the afternoon-pa papers yet"
Makes His Own Stars.
The veteran George w. Lederer
comes to town every year with
production just to show that he has
the same old wallop that won his
first spurs as a producer with Edna
May in THE Belle of New York"
This time he has The Girl in the
Spotlight" which critics agree is
the hit of the summer season.
Lederer makes his own stars. IN
the present production an unknown
find from Flushing is the girl who
figures in the spotlight rays. Le-
derer directs his own performances,
sees that the show gets a flying
start-and then he forgets the
whole thing and begins on an
other. When the pages of the
atrical history have been closed the
name of George w. Lederer Will
stand forth prominently. He has
done more for the stage than a
lot of those who pose as the saviors
of the drama and he has not as vet
shouted it from the housetops. He