The Secrets of the Great City by Edward Winslow Martin
page 111 of 524 (21%)
page 111 of 524 (21%)
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CHAPTER XI. WALL STREET. If you pass down Broadway to the main entrance to Trinity Church, and then turn abruptly to your left and cross the street, you will find yourself at the head of Wall street, the great financial centre of America. It is a narrow street, extending from Broadway to East river, and lined with handsome brown stone, marble, and granite buildings. Scarcely a house has less than a score of offices within its walls, and some have very near three times that number. Space is very valuable in Wall street, and some of the leading firms in it have to content themselves with a narrow, small, dark hole, which a conscientious man would hardly call an office. The rent demanded for these "offices" is enormous, and the buildings bring their owners princely fortunes every year. The houses are all covered with signs, the names on which one will immediately recognize as famous in the financial world. The streets running into Wall street, for the distance of one or two blocks, on the right hand and the left, are also occupied with the offices of bankers and brokers, and are included in the general term, "Wall street," or "the street." ITS HISTORY. Wall street has always been famous in the history of New York. It was originally used as a sheep pasture. Its natural condition being partly rolling upland and partly meadow of a swampy character. The name of the |
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