Copyright. 1907 
 by 
 
 The Monaton Press 
 
 rice, 
 
 $1.00 
 
The 
 Greatness of 
 New York 
 
 Compiled by JV m . %^amsey 
 
 1907 
 
 Compliments of 
 
 The McCormack Real Estate Co= 
 Times Building, New York 
 
 Published by the Monaton Press 
 
New York City Hall. Over 100 years old. A beautiful architectural landmark 
 
 THE GREATNESS OF 
 NEW YORK 
 
 HE magnitude oi New York City from every 
 point of view is so great as to challenge 
 belief. There is no city in the world that 
 compares with it in rapidity of growth, 
 extensive municipal improvements and 
 stupendous real estate developments, as 
 are shown by the facts and figures. 
 
 Not only will it be the largest city in the world 
 within the next ten years, but from every other stand- 
 point it will be unequalled. 
 
 It has been said with truth that the greatest of all 
 the wonders of the world is a big city like New York. 
 
 Here are all the races brought together into a 
 single cosmopolitan community. Everything that is pro- 
 duced anywhere on earth is for sale in the Metropolis 
 and can be bought at a price. It is not only the 
 financial centre of the world, but is the commercial 
 centre of the nation. 
 
 It is the object of the publishers of this booklet 
 to place before those who may be interested some of 
 the startling facts that are largely responsible for the 
 city's greatness. 
 
 It is, however, impossible in so small a space to 
 review a thousandth part of the wonders of this greatest 
 of all commercial and financial centres, but sufficient 
 will be cited to give the reader a little "peep" at least. 
 
 [Page Three] 
 
WASHINGTON SQUARE 
 
 Showing Washington Arch and line of buildings formerly owned and 
 occupied by aristocracy of New York 
 
 Its Settlement 
 
 New York City obtained its charter just two hun- 
 dred and fifty-four years ago, (A. D. 1753) although 
 it was settled in 1623. The whole of the island now 
 known as Manhattan, (Monaton, the Indian name) 
 bounded by the North, East and Harlem Rivers, was 
 purchased by Peter Minuit from the " Manhattan " 
 Indians, or Manhattas, for 60 guilders, ( $24 ) in 1626. 
 " 1 he *Sea Mew' arrived in the harbor, bringing Peter 
 Minuit, the new Director-General, the first of the four 
 notable rulers of the Colony. His earliest official act 
 was this purchase, the payment being in beads, buttons 
 and other trinkets." The price paid was about ninety 
 cents for a thousand acres. It was first called New 
 Amsterdam, later New York, then New Orange and 
 finally New York. At first it was a fur -trading coast, 
 on the lower part of the island now called "The Borough 
 of Manhattan," which is one of the five boroughs com- 
 posing Greater New York as incorporated in 1898. 
 The other boroughs are Brooklyn, Bronx, Queens and 
 Richmond. That point used by the fur-traders is now 
 the most valuable real estate section in the world. 
 
 Since first the eye of white man rested upon the 
 Island of Manhattan, London, with nearly seven times as 
 many years of history, is only slightly in the lead, while 
 New York is fast setting a pace for the world. 
 
 New York's Area 
 
 This city has within its boundaries 209,160 acres 
 
 [Page Four J 
 
APPELLATE DIVISION. SUPREME COURT OF NEW YORK STATE 
 
 Handsomest court house in the world. Built 1900. Cost $750,000. 
 Final jurisdiction in appeals over Supreme Court 
 
 of land, an area greater than the combined extent of 
 Chicago and Philadelphia, while London occupies only 
 about one-third as much land. 
 
 Growth in Population 
 
 In population, New York, with 4,014,304 inhabi- 
 tants in 1905, was exceeded only by London, with 
 4,613,812 in 1903, and statisticians of the New York 
 Board of Trade and Transportation estimate that by 
 1925 this city will contain 6,760,000 souls. Later statis- 
 tics, however, show that eight years from now New York 
 will be much larger than London. It has at the present 
 time, according to the latest estimate, 4,800,000 inhabi- 
 tants — a population more than one-fourth greater than 
 that of Paris. London, it is true, is still ahead by about 
 half a million, but New York is growing seven times as 
 fast as the British Metropolis, having shown an increase 
 in the last decade of no less than 37 per cent against 
 5 per cent for Greater London. 
 
 Area for Sub-division 
 
 As regards the area of New York City, which, as 
 stated, is 209,160 acres of land, about 96,975 acres 
 have already been utilized for business and living room; 
 12,375 acres are appropriated to parks and cemeteries; 
 
 [Page Five] 
 
ASTOR HOUSE 
 
 Opened in 1836. Scene of manv famous receptions, dinners, etc. 
 Assessed today at $3,500,000— worth $5,000,000 
 
 and 25,520 acres are rendered unavailable in Jamaica 
 Bay. This leaves only 74,290 acres for subdivision into 
 building lots. 96,975 acres, as is shown by these 
 figures, have been occupied and used by 4,800,000 
 people — New York's present estimated population. 
 
 Greater New York contains one-twentieth of the 
 area population of the United States. Its population 
 increases in ratio five to one compared with the increase 
 of the rest of the country. In twenty-five years, or less, 
 the population of New York will have doubled itself. 
 Every business day of the year sees more than 100 
 families of 500 people added to New York's population. 
 This in no way accounts for the immigrants who settle 
 in this city each year. Out of the 1,000,000 who land 
 here, 250,000 remain and make their homes in Greater 
 New York. Its increase each year is equivalent in 
 itself to a large city. Figuring even on a growth equal 
 to that of the past, the population of Greater New York 
 in 1950 will be over 25,000,000. Fully 10,000,000 
 people will live on Long Island. 
 
 Half of the State's Population 
 is in Greater New York 
 
 Half of the population of the State of New York is 
 located within the limits of this great American Metrop- 
 olis, which has more inhabitants than Switzerland by 
 one-fifth and more by one-third than Denmark. The 
 population of New York City is more than equal to that 
 of nine sovereign states of the Union combined — Maine, 
 
 [Page Six! 
 
EAST SIDE VIEW 
 
 of Hester Street. Most closely packed 
 residential spot in the world 
 
 Connecticut, Delaware, 
 Florida, North Dakota, 
 South Dakota, Colorado, 
 Montana and Nevada. 
 To this total Arizona and 
 Alaska would have to be 
 added in order to furnish 
 as many Americans as 
 are to be found within 
 the precincts of the five 
 boroughs. 
 
 Density 
 of Population 
 
 When we come to 
 make comparison be- 
 tween Greater New York 
 and Greater London, 
 however, the most start- 
 ling facts have to do with 
 the density of population. 
 Much has been written 
 about the crowding of the people in the slums of 
 London, where, as reliable statistics show, the un- 
 fortunate inhabitants are so thickly packed that in some 
 quarters there are as many as two hundred for each 
 acre of land. And yet, when we look the matter up, 
 it is found that densest London is less thickly popu- 
 lated than densest New York. There are, in fact, in 
 the great American Metropolis, 2,626 acres with over 
 two hundred persons to the acre. To put it differently, 
 there are nearly three-quarters of a million of persons 
 in New York who are housed more densely than the 
 residents of the most thickly packed districts in 
 London. Indeed, considerable areas in our most con- 
 gested districts have two occupants for every one in the 
 most crowded parts of London. Even this statement 
 does not fully express the truth in as much as New York 
 has 703 acres with 447 persons to the acre. 
 
 Congested Districts 
 
 In the whole of Manhattan and the Bronx, if all 
 
 [Page Seven] 
 
PRODUCE EXCHANGE 
 
 Fronting Bowling Green, Largest commercial exchange in the world 
 Cost $3,178,645. Daily business in wheat alone averages 4,000,000 bushels; 
 corn, 2,000,000 bushels. Three hundred offices on the upper floors 
 Membership limited to 3,000 
 
 the inhabitants of these two boroughs were equally dis- 
 tributed relatively to areas, there would be ninety for 
 each acre. Of course, however, some districts are com- 
 paratively sparsely settled, ( leaving out of consideration 
 6,836 acres of parks) and this means a proportionate 
 overcrowding in other sections. The lower east side 
 of Manhattan is a notoriously congested region, but in 
 the Sixteenth Ward of Brooklyn human beings are packed 
 almost twice as thickly as in the worst slums of London. 
 In the slums of the West Central District of London there 
 are eleven and a half people for each house. For each 
 dwelling in the whole of Brooklyn the average number of 
 inmates is almost as great — that is to say, ten and a half. 
 Thus it would seem that congestion of the population is far 
 more intense in New York than in any other city in the 
 world — a very unfortunate circumstance. 
 
 What the Density Means 
 
 It is interesting to consider the fact that a density 
 of two hundred persons to the acre signifies a distribu- 
 tion over that area of the occupants (if they were 
 arranged equi-distantly and after the manner of pieces 
 on a chess board) with spaces of less than fifteen feet 
 between person and person. At ninety to the acre, re- 
 presenting Manhattan and the Bronx, they would be 
 
 [Page Eight] 
 
GRANT'S TOMB 
 
 160 feet high. 300 feet above the Hudson, on Riverside Drive 
 Cost $600,000. Bodies of General and Mrs. Grant in crypt 
 
 ninety-two feet apart. Considering the most congested 
 districts of New York, the inhabitants, four hundred and 
 forty-seven of them to the acre, would be separated 
 from one another by distances of less than ten feet. This 
 is rather instructive and may explain in some measure, 
 why, as was found by a recent investigation, 2,563 tene- 
 ment families enjoyed the use of only thirty-six bath tubs. 
 
 So Few Own Their Own Homes 
 
 Another melancholy fact is that in New York, rela- 
 tively to the size of the population, fewer people own 
 homes than in any other city in the world. There dwell 
 on the Island of Manhattan 391,687 families, only 
 16,316 of which hold title to the houses they occupy. 
 Ninety-four out of every hundred families pay rent — one 
 result of which circumstance is that the population of 
 the American Metropolis shifts in a more kaleidoscopic 
 fashion than any other known. On the other hand, we 
 observe the singular spectacle of ownership by one 
 family ( the Astors ) of an immense multitude of dwellings, 
 the property having a number of tenants greater than 
 the entire population of Hartford or of Troy. 
 
 Banks and Trust Companies 
 
 New York's 206 banks and trust companies in July, 
 1906, had resources aggregating $4,268,188,482; the 42 
 life insurance companies, supervised by the State, $2,454,- 
 669,487; the 38 fidelity and casualty companies, $70,- 
 476,877; the 39 fire insurance companies, $106,633,670. 
 
 [Page Nine] 
 
THE NIGHT AND DAY BANK 
 
 Fifth Avenue and 44th Street 
 
 Clearances 
 
 The monthly 
 clearings of the New 
 York banks ran as high 
 
 as $8,542,671,211 in 
 
 November, 1906, and 
 the lowest was in June, 
 1906, when the total 
 
 was $6,735,310,119. 
 
 The clearing for the 
 year was $91,872,- 
 000,000. The banks 
 held as high as $1,202,- 
 972,300 on deposit 
 during theyear and had 
 out at one time, $1,- 
 004,564,000 on loan. 
 
 Deposits 
 
 The aggregate 
 deposits in the 53 
 banks in the Clearing 
 House Association averaged $1,159,000,000; in the 
 58 non-member banks, $231,000,000; in the 51 savings 
 banks, $918,000,000; in the 44 trust companies, 
 $871,000,000-a total of $3,179,000,000. The Bow- 
 ery Savings Bank, Grand and Elizabeth Streets, with 
 wing through to 128-130 Bowery, founded 1834, is the 
 largest savings institution in the world. It has over 
 150,000 depositors, with accounts aggregating over 
 $93,000,000; resources, $103,458,000. Last year 
 $25,000,000 were withdrawn from the savings banks of 
 New York for investment in suburban real estate adjacent 
 to New York. Despite that fact the savings bank 
 deposits were over $70,000,000 over the previous year. 
 
 Stocks and Bonds 
 
 On the New York Stock Exchange, from January 
 1st to June 1, 1906, 137,967,403 shares, par value of 
 $100 per share, and $583,297,700 of bonds were sold. 
 The quarterly dividend disbursements in this city on 
 July 1, 1906, amounted to $150,000,000. 
 
 [Page Ten] 
 
Night and Day Bank 
 
 New York has a 
 banking institution, the like 
 of which is nowhere to be 
 found in the world, h is 
 always open excepting 
 Sundays and legal holi- 
 days. It is practically 
 three banks in one — three 
 sets of clerks and officers 
 working eight hours each 
 during the twenty- four 
 hours. It began business 
 May 1, 1906, and at the 
 close of the first years 
 business. May 1, 1907, it 
 had total deposits of $2,- 
 584,689, and total assets 
 of close to $3,200,000. 
 The bank runs an ar- 
 mored automobile to col- 
 lect deposits between three 
 in the afternoon and one in the morning. Another 
 feature of the bank is " Milady's Bank," the woman's 
 department, where there is a counting room, reading 
 and writing room and dressing room exclusively 
 for the use of women patrons. This branch of 
 the Night and Day Bank in itself is on an indepen- 
 dent footing. 
 
 Industries 
 
 Most of the important industrial corporations of the 
 world have either their executive offices or important 
 agencies in New York. Of the great American corpora- 
 tions, the business of 173 concerns, with an aggregate 
 capital of $7,000,000,000, centers in this city, besides 
 multitudes of smaller corporate bodies and individual 
 manufacturers. The aggregate wealth of all this inter- 
 woven financial and industrial fabric baffles computation. 
 
 Value of Its Products 
 
 The value of products of the city's factories for the 
 
 [Page Eleven] 
 
 NEW YORK CLEARING HOUSE 
 
 Daily average clearings approximately 
 $200,000,000. Average daily balance 
 exceeds $10,000,000. Vault capacity 
 $165,000,000 in gold. 
 
year ending June, 1906, is estimated at $16,000,000,000, 
 one-tenth of the entire output of the country. The city 
 has 43,000 factories, employing 520,000 wage earners. 
 
 Railroad and Harbor Facilities 
 
 Eleven great railroad systems center in New York, 
 bringing from the interior supplies for the city's needs 
 and merchandise for export, while the inland waterways, 
 connecting as they do, through Long Island Sound, with 
 the New England and Canadian coasts and with the 
 great waters of the West through the Hudson River and 
 Mohawk Valley, contribute their quota. Its harbor facili- 
 ties have made it the great port of entry for the Adantic sea- 
 board, and through the Narrows pass annually over 21,000 
 ocean-going vessels of 151 lines, which find wharfage 
 facilities along the 353 miles of the city's water front. 
 
 All Night Features 
 
 New York has not only 500,000 persons working 
 all night, but it has many businesses that never close. 
 There is the "all night" bank, the shoe store, the cigar 
 store, the dentistry, the drug store, the largest and finest 
 barber shop in the world, an all night magistrate's court 
 and hundreds of restaurants that are always open. 
 
 Large Suburban Station 
 
 In all probability the greatest passenger station in 
 the world for suburbanites will be that of the Long Island 
 Railroad, at Jamaica, which is owned and controlled by 
 the Pennsylvania Railroad Company. The building alone 
 
 [Page Twelve J 
 
will cost $2,000,000. 
 
 The Company has also 
 purchased in Jamaica 
 and Long Island City, 
 about 1,000 acres ofland 
 for freight storage and 
 classification. 
 
 Exports 
 
 The exports of New 
 York in the year ending 
 June 30, 1906, were 
 valued at $628,493,866, 
 more than 41 per cent of 
 the entire exports of the 
 United States, and more 
 than the total export busi- 
 ness of any nation except 
 Great Britain, Germany, 
 France and the Nether- 
 lands. The imports in 
 the same period were 
 valued at $700,054,551, nearly 63 per cent of the totals 
 for the country. The duties collected at this port in 
 the year amounted to $172,547,960. 
 
 New York's Physical Re-creation 
 
 The necessities of its vast business interests are 
 re-creating New York physically. It has a greater num- 
 ber and larger skyscrapers than all the cities of the world 
 combined. Great steel-frame structures, from 18 to 50 
 stories, are replacing the 6 and 8-story buildings of 
 twenty years ago. Already there are 80 office buildings 
 over 10 stories high, 10 of which are over 20 stories 
 high. The tops of 50 of these buildings are more than 
 200 feet above the street, and 15 are more than 300 
 feet in height. Many cf the large ofHce buildings have 
 a daily population equal to many so-called cities. 
 
 The Syndicate, or Park Row Building, is occupied 
 by 5,500 people each day and over 50,000 people are 
 daily carried in its elevators — a number equal to the 
 population of Wilkesbarre, Pa. One building, the Singer 
 
 [Page Thirteen] 
 
 FULLER, or "FLAT IRON" BLDG. 
 
 Junction of Broadway, 5th Ave., 22d 
 and 23d Sts. Occupies lot space of 
 only 7,690 square feet, 300 feet high. 
 
Sewing Machine 
 Company's, on 
 Broadway, be- 
 tween Cortlandt 
 and Liberty Sts., 
 now in course of 
 construction, will 
 be 612 feet high, 
 of 46 stories. 
 There is also to be 
 one of 48 stories 
 that will reach 
 over 658 feet 
 above the street, 
 and 2 stories be- 
 low the sidewalk. 
 These buildings 
 will be the tallest 
 artificial struc- 
 tures in the world 
 excepting the Ei- 
 fel Tower. The 
 last named is the 
 Metropolitan Life Insurance Building, which will be 
 erected on the site of the old Madison Avenue Presby- 
 terian Church, Madison Avenue and Twenty-fourth 
 Street, the pastor of which is the Rev. Charles H. Park- 
 hurst, D. D. The Metropolitan Company paid $1,000,- 
 000 for this site; in addition, the expense of tearing 
 down and removing the old edifice. 
 
 There is not a skyscraper in New York that cost 
 less than $1,000,000. A number cost over $5,000,000. 
 
 Building Operations 
 
 Plans were filed and contracts awarded for new 
 buildings during 1906 at an estimated cost of $250,000,- 
 000, and for remodeling of old buildings at a cost of 
 $20,000,000. This year's building operations will ex- 
 ceed $300,000,000. These figures, stupendous as they 
 are, do not include municipal improvements and public 
 works. They represent the money spent in erecting 
 
 [Page Fourteen] 
 
 METROPOLITAN LIFE BUILDING 
 
 Largest and highest office building in the world. 
 200x425 feet, occupying entire block between 
 Madison and Fourth Avenues and 23d and 24th 
 Streets. 48 stories above sidewalk, 2 stories below. 
 
HALL OF FAME FOR GREAT AMERICANS 
 
 Colonnade 506 feet long, gift of Miss Helen M. Gould; cost $250,000 
 
 hotels, theatres, office buildings and dwellings. The ad- 
 ditional sum of $700,000,000 will be spent in municipal 
 improvements now under course of construction, which 
 will total $1,000,000,000 represented in contracts 
 already awarded. 
 
 Some New College Buildings 
 
 On the building of the Union Theological Seminary, 
 Broadway and 120th Street, $2,500,000 will be spent; 
 the College of the City of New York, now being com- 
 pleted, will cost $8,000,000; Columbia College has asked 
 for $12,000,000, and the University of New York will 
 spend $1,000,000 or more. This university has $15,000,- 
 000 in reserve for building, obtained from the sale of its 
 former site near Washington Square. 
 
 One of Its Department Stores 
 
 New York has the largest department store in the 
 world. It occupies two blocks and has 132 departments 
 covering every line of wares. The total investment in 
 land, buildings and stock is estimated at over $10,000,- 
 000 and about 10,090 people are employed. 
 
 Municipal and 
 
 Other Improvements Filed 
 
 In a quiet way. New York has entered on under- 
 takings which for their magnitude and cost invite 
 comparison with the Panama Canal, estimated to require 
 
 [Page Fifteen] 
 
BROADWAY AND THIRTY-FOURTH STREET 
 
 Looking north to Times Square. Showing rapid progress north of 
 department stores trade. Known as Riaho 
 
 $135,000,000. During a period of eight years, the time 
 limit for canal construction, there will be under way 
 within a few miles of the City Hall, projects rivaling 
 Uncle Sam's great undertaking. Some of them are: 
 Extension of the aqueduct and water supply into the 
 Catskills, $161,000,000 ; extension of the municipal 
 subway system as already authorized, $175,000,000; 
 electrification and new terminals of the Long Island Rail- 
 road, $60,000,000; electrification and new terminals of 
 the New York Central Railroad, $50,000,000 ; electrifi- 
 cation and new terminals of the Pennsylvania Railroad, 
 $35,000,000 ; six-track electrification of the New 
 Haven's Shore Line to New Rochelle, $25,000,000; 
 New York Connecting Railroad, $10,000,000; McAdoo 
 Syndicate, Hudson tunnels and Sixth Avenue and Ninth 
 Street subways, $16,000,000 ; new Westchester and 
 Boston Electric Railroad, through the Bronx and West- 
 chester, $12,000,000; Blackwell's Island Bridge, $20,- 
 000,000; municipal lighting plant and conduits, $20,- 
 000,000; Manhattan Bridge, $11,000,000; Chelsea 
 Park Improvements, $10,000,000; New Hall of Records, 
 $6,500,000; Brooklyn subway and East River tunnel, 
 now under construction, $9,000,000 ; Public Library 
 and Carnegie branches, $10,000.000 ; new Beilevue 
 Hospital, $9,000,000 ; dock improvements under way 
 on North and East Rivers, $5,000,000; Hendrik Hud- 
 
 [Page Sixteen] 
 
son Memorial 
 Bridge over Har- 
 lem Ship Canal at 
 Spuyten Duyvil, 
 $5,000,000; New 
 Brooklyn Bridge 
 terminals at Park 
 Row and Center 
 Street. $3,500.- 
 000; new Brook- 
 lyn Borough mu- 
 nicipal building. 
 $3,000,000; im- 
 provements on the 
 Shore Road. Bay 
 Ridge and Fort 
 Hamilton, $2.- 
 
 AAA AAA Cost $6,500,000. 
 
 UUU.UUU; new New York County. 
 
 granite structure. 
 
 1^:11 tiif 
 
 Hii iJll 
 
 
 
 III f i i »m2J 
 
 H.4LL OF RECORDS 
 
 Contains real estate records of 
 Absolutely fire-proof, steel and 
 
 Queens Borough 
 municipal building. $1,000 000 ; Custom House, ap- 
 proaching completion, $5,000,000 ; new General Post 
 Office, at Forty-second Street, $2,500,000 ; Boulevard 
 Lafayette improvements, Washington Heights, $1,000,- 
 000; new Owl's Head Park, Bay Ridge, Brooklyn, $1,- 
 000,000; rebuilding Brooklyn Bridge, to be begun as 
 soon as Manhattan Bridge is finished, $16,000,000. 
 
 Increased Facilities for Transportation 
 
 Before we will have realized it the bridges and 
 tunnels in course of construction will be in operation. 
 The total carrying capacity of these structures and tun- 
 nels will afford facilities of transportation of about 400,- 
 000 passengers per hour: 
 
 Bridges and Tunnels 
 
 Manhattan Bridge to Brooklyn 
 
 Williamsburg Bridge to Brooklyn 6 
 
 Blackwell's Island Bridge to Queens 6 
 
 Municipal R. T. Tunnel to Brooklyn 2 
 
 Pennsylvania Tunnel to Queens 4 
 
 Pennsylvania Tunnel to New Jersey 2 
 
 N.Y. & N. J. Trolley Tunnel to New Jersey 2 
 
 Municipal R. T. Tunnel to Harlem 4 
 
 Brooklyn Bridge, capacity to be doubled 4 
 
 [Page Seventeen] 
 
 Capacity per Hour 
 
 8 Tracks 92.600 
 
 63,800 
 63.800 
 19.200 
 38,400 
 19,200 
 19.200 
 43,000 
 40,000 
 
 Total. 399.200 
 
HUDSON MEMORIAL BRIDGE 
 
 Will cost about $5,000,000 when completed. It will be a continuation 
 of Riverside Drive 
 
 Municipal Bridges 
 
 Greater New York has the largest and costliest 
 municipal bridges in the world. The Brooklyn Bridge 
 crosses the East River from the City Hall, Manhattan, 
 to Sands Street, Brooklyn. It was opened May 24, 
 1883, and cost $16,000,000, with necessary approaches. 
 Length, 1/8 miles; height, 135 feet. Williamsburg 
 Bridge, which was opened December 19, 1903, leads 
 over the East River from Delancey and Clinton Streets, 
 Manhattan, to Driggs Avenue, near Broadway, Brooklyn. 
 The cost was $16,000,000,including approaches. Length 
 1 1-6 miles; height, 135 feet. In 1904 ten half blocks 
 of tenements were demolished to extend the bridge ap- 
 proach to the Bowery. The Blackwell's Island Bridge, 
 which is being built over the East River from Second 
 Avenue, near Fifty-ninth Street, to Jane and Academy 
 Streets, Long Island City, will cost $20,000,000. Length, 
 1/ miles; height, 135 feet. It will be completed 1908. 
 The Manhattan Bridge, the foundations for which are 
 already laid, will be erected over the East River from 
 Nassau Street, Brooklyn, to the Bowery and Canal Street, 
 Manhattan, to carry 4 trolley tracks, 4 " L" lines and 
 will have a 35-foot roadway and two promenades. Cost, 
 $12,000,000, exclusive of land. Length, VA miles; 
 height, 120 feet. 
 
 At present the number of day dwellers in lower 
 Manhattan is estimated at more than a million, and of 
 those more than 260,000 come from Long Island. The 
 capacity of the present Brooklyn Bridge and the ferries 
 
 [Page Eighteen] 
 
JUNCTION. THIRD & FOURTH AVENUES AND FAMOUS BOWERY 
 
 Showing Cooper Union, founded b>' Peter Cooper 
 
 to that borough is 64,000 an hour. The new facilities, 
 when completed, will give a capacity of 239,600 an hour. 
 The present capacity of all the north and south lines in 
 Manhattan is 142,000 an hour ; the additions now in 
 progress will increase it only to 185,000, In other words 
 the facilities for travel between lower Manhattan and 
 Long Island will, in five years, be nearly four times those 
 now provided. 
 
 Taxable Realty 
 
 The assessment rolls show that the city contains 
 taxable realty valued at $5,221,584,301; exempt realty, 
 $1,035,899,577; taxable personalty, $690,571,926. 
 
 Underground, Elevated and 
 Surface Railroads 
 
 The underground, elevated and surface railroads 
 represent an outlay of $230,000,000 and carry about 
 4,000,000 passengers a day. New subways to be built 
 within a few years will cost $150,000,000. Most of the 
 costly part of the work will be done before 1908. New 
 York's new tunnel system will place the most strenuous 
 part of its busy life under ground and water. There are 
 already in the Metropolis about 1,400 miles of surface 
 and elevated trackage, but the expectation is that the 
 elevated roads, which are already regarded as an out-of- 
 date expedient for urban traffic, will be entirely done 
 away with in the non-distant future. 
 
 Volume of Business 
 
 The volume of business transacted in New York is 
 
 [Page Nineteen] 
 
NEW YORK STOCK EXCHANGE 
 
 White marble, richly carved 
 Cost of land and building, $3,000,000 
 
 illustrated by the 
 receipts of its 
 post offices, 
 which average 
 $58,965 a day. 
 The receipts for 
 last year, includ- 
 ing Brooklyn, 
 aggregated $17,- 
 
 690,000, or 12 
 
 per cent of the 
 total income of 
 the 72,000 post 
 offices of the 
 United States, 
 giving the depart- 
 ment a net profit 
 
 of $11,500,000. 
 
 In M anhattan 
 there are mailed 
 daily 1,716,000 
 
 letters, and more than 2,000,000 pieces of mail are de- 
 livered. 937 publications are issued in Manhattan, and 
 the quantity of these mailed averages 337,835 pounds, 
 or about 200 tons a day. There are 71 post offices and 
 329 sub-stations. 
 
 Hello'' Service 
 
 Another illustration of the business activity of New 
 York is found in its telephone statistics. There are 51 
 central offices with over 8,000 employees and 200,000 
 'phones. The average number of calls per day is 1,700,000. 
 
 Cost of **Wire" Service 
 
 On every business day of the week, $175,000 is 
 paid out for cables and telegrams in the financial district 
 of Greater New York alone. Its daily telephone calls 
 are 900,000. 
 
 Its Street Lighting 
 
 The outdoor illuminationof New York is supplied by 
 3,500,000 electric lights, all of which, except 6,000, are 
 
 [Page Twenty] 
 
incandescent. These rep- 
 resent a total lighting 
 power 01 180,000,000 
 candles, which, if they 
 were real candles and 
 were stood in line six 
 inches apart, would 
 stretch more than two- 
 thirds around the world. 
 
 Goal Required 
 
 It requires 14,000,- 
 000 tons of coal a year to 
 supply New York, about 
 10,800,000 tons being 
 used to make steam and 
 electricity. The average 
 amount of fuel in the city's 
 yards is 422,000 tons. 
 
 The Ashes it Makes 
 If New York's ash 
 pile may be regarded as an indication of the city's 
 size, New York has undeniable reason to boast that she 
 produces during twelve months, 2,121,319 tons of ashes. 
 Think what a mountain such a quantity would make if 
 thrown into one heap! 
 
 The Hotels 
 
 More big hotels thrive in New York than in any 
 other place in the world. Of 344 large hostelries, 136 
 average 400 rooms apiece — making in all 54,400 ; 51 
 accommodate 600 guests each and the others are nearly 
 as large. Ten of the largest are valued at $24,565,000. 
 Eleven new hotels have been started, some of which are 
 now finished. The total cost of these was over $40,- 
 000,000. The hotels are the modern marvels of the 
 Metropolis. The transient hotel population of New 
 York is figured at 150,000. 
 
 The Restaurants 
 
 In fine restaurants the city is well supplied. The 
 sum of $40,000,000 is invested in superior eating houses, 
 
 [Page Twenty-one] 
 
 HOTEL BELMONT 
 
 Tallest hotel in the world 
 
 Cost $2,500,000 
 
HOTEL ASTOR 
 Cost $7,000,000. Has 1.000 employees 
 
 catering to about 
 500,000 diners a 
 day, who spend 
 about $1,200,000 
 on their dinner. 
 These places em- 
 ploy 60,000 peo- 
 ple. They take the 
 entire output of 
 vegetable gardens 
 covering 90,000 
 acres. One hotel 
 kitchen alone rep- 
 resents an outlay 
 
 of $130,000. The 
 
 epicure of every 
 nationality can find 
 a restaurant in 
 New York that supplies his native diet. There are numer- 
 ous Hungarian French, German, Spanish, South Ameri- 
 can, Italian, Japanese and Chinese restaurants about 
 Greater New York. New York has the largest l:itchen 
 in the world, that of the Hotel Astor, where guides are 
 always waiting to show guests and visitors throughout. 
 
 Its Great Fisheries 
 
 Of all that we hear and read of the great fisheries 
 of Oregon and Alaska, the fishing industries of Greater 
 New York's immediate surroundings are greater than 
 Oregon and Alaska combined. 
 
 Largest Zoological Garden 
 
 New York has the largest zoological garden in the 
 world — the Bronx Zoo. It occupies 261 acres in the 
 southeastern section of Bronx Park. It contains 3,000 
 specimens, representing over 500 species of animals. 
 It is visited annually by 1,200,000 people. Over $1,- 
 000,000 is spent each year adding new buildings, etc. 
 
 Madison Square Garden 
 
 In Madison Square Garden, New York has not only 
 the largest but most beautiful amusement building in the 
 
 [Page Twenty-two] 
 
world. It is at Madison 
 and Fourth Avenues, 
 26th and 27th Streets. 
 It is of Renaissance ar- 
 chitecture, and contains 
 the largest amphitheatre 
 in America, seating 12,- 
 000. It also has the Gar- 
 den Theatre, a roof gar- 
 den, concert hall and cafe. 
 Its total seating capacity 
 is 20,000. New York 
 has many other large 
 halls ; among them are 
 Carnegie Hall and the 
 Grand Central Palace. 
 It also has the largest 
 roller skating rink, the 
 St. Nicholas, at 66th 
 Street, between Colum- 
 bus Avenue and Cen- 
 tral Park West. 
 
 MADISON SQUARE GARDEN 
 
 Renaissance architecture. Seats 12,- 
 000. Has also theatre, roof garden, 
 concert hall and cafe. Tower 368 feet 
 high. Scene of annual horse show and 
 other amusements. 
 
 Its Six Race Tracks 
 
 New York s six race tracks, which divide the sea- 
 sons among themselves, have an average daily attendance 
 of 12,000,and the wagers laid aggregate more than $1,- 
 000,000 a day. 
 
 Places of Amusement 
 
 The city has over 100 theatres — more in number 
 and larger in size than any city in the world. Twelve 
 or more will be built this year. Nowhere is so much 
 money expended on amusements as in New York. It 
 has what no other city has — two grand opera houses, the 
 Manhattan and Metropolitan, each of which cost $1,500,- 
 000. A third is being built by Hammerstein to cost in 
 excess of $5,000,000. Here also is the largest and cost- 
 liest place of amusement in the world — the Hippodrome, 
 costing $1,750,000. Every production staged costs at 
 least $200,000 for scenery and costumes. The theatres 
 of New York, all of them together, seat about 120,000 
 
 [Page Twenty-three] 
 
HIPPODROME 
 
 Cost $1,750,000. Seats 5,200 persons. Stage 110 x 200 feet 
 40,000 electric lights 
 
 persons. If it be supposed that at an average performance 
 they are only two-thirds full, it follows that 80,000 persons 
 in the Metropolis must go to 'the play every week-day 
 night — a number equal to the population of Savannah, 
 Georgia. New York also has 12 beaches, 26 picnic 
 groves, 25 athletic fields, 18 art galleries, 84 notable 
 clubs, and over 100 statues and monuments. 
 
 Individual's Art Gallery 
 
 There is no individually owned art gallery in the 
 world equal to that of J. Pierrepont Morgan's. The 
 building cost $1,000,000 and contains between $5,000,- 
 000 and $6,000,000 in art treasures. The gallery is situ- 
 ated at the rear of his residence, Madison Avenue and 
 36th Street, with an underground passage from his house. 
 
 Finest Art Museum in the World 
 
 The MetropoHtan Museum of Art, Central Park, 
 facing Fifth Avenue at 82d Street, covers acres 
 and cost $20,000,000. 
 
 Center Here 
 
 New York is the literary and art center of America^ 
 as well as the theatrical center of this country. 
 
 Its Aquarium 
 
 The New York Aquarium is the most complete in 
 the world. It is in the low, round building at the lower 
 
 [Page Twenty-four] 
 
METROPOLITAN MUSEUM OF ART 
 
 Central Park. Co.npleted structure planned to cover 18 acres, at a cost 
 of $20,000,000. Rapidly becoming the world's most famous art museum 
 
 end of Manh attan, at a point known as "The Battery." 
 It contains the finest collection of living fish in the world, 
 shown in 102 glass tanks. The building was erected in 
 1807 on a small island and called Fort Clinton. In 1822 
 it was joined to the main land by filling in and called 
 Castle Garden, becoming a place of amusement. Jenny 
 Lind sang there in 1850. In 1855 it became the immi- 
 gration depot, which was moved to Ellis Island in 1892, 
 and in 1896 the old building was opened to the public 
 as an aquarium. The site commands a view of the 
 upper bay and the Jersey shore, at the entrance to the 
 Hudson River. 
 
 Clubs, Baths, etc. 
 
 There are a larger number of Turkish baths in 
 New York than any other city in the world. It also has 
 the largest number of clubs, many of which are the 
 richest in the world. The largest life insurance com- 
 panies in the world are here, and it has the largest im- 
 porters, the H. B. Claflin Company, who carry $8,000,- 
 000 insurance on their stock of merchandise. 
 
 Its Schools 
 
 There are 16 high schools and 496 elementary 
 public schools, with 11,273 teachers and 675,000 pupils. 
 There are also 469 kindergarten classes with 15,311 
 pupils. The 690,311 pupils undergo their instructions in 
 nearly 11,000 schoolrooms. This means that t he number 
 of boys and girls who are seeking an education in the 
 
 [Page Twenty-five] 
 
AQUARIUM 
 
 Contains the finest collection of living fish in the world. 102 glass tanks 
 Formerly Castle Garden 
 
 Metropolis is greater by 74,000 than the population of 
 St. Louis. New York spends alone on its public schools, 
 $24,231,850 — one tenth ot the cost of the public school 
 system of the country. 
 
 The Colleges 
 
 There are 11 colleges, universities and seminaries 
 in Greater New York, with 1,236 instructors, 16,000 
 students and 812,284 volumes in their respective 
 libraries. New York has more college students than 
 any other city in the world. It also has features no 
 other city affords, that of free college education to its 
 citizens. This is done by the College of the City of 
 New York, West 116th Street, near Amsterdam Avenue. 
 The college will accommodate 4,000 students and con- 
 fers all degrees. It cost $8,000,000. 
 
 The Churches 
 
 New York's 1,439 churches own property valued 
 at $183,972,340, and are presided over by 3,000 di- 
 rectors, pastors and curates. New York has one or 
 more churches of almost every denomination in the world 
 — the Baptist, Presbyterian, Reformed Presbyterian, 
 United Presbyterian, Congregational, Disciples of Christ, 
 Evangelical Friends, Greek Catholic, Jewish, Lutheran, 
 Methodist Episcopal, African M. E.. Moravian, Protes- 
 tant Episcopal, Reformed Church in America, Reformed 
 Church in the United States, Reformed Episcopal, Roman 
 Catholic, Unitarian, Universalist, Armenian, Scandinavian, 
 
 [Page Tvvent\ -six] 
 
CATHEDRAL OF ST. JOHN 
 THE DIVINE 
 
 Episcopal. (Morningside Heights) 
 
 Russian, Japanese, Ital- 
 ian, Hungarian, Chinese, 
 Seventh Day Adventist, 
 German,Swedenborgian, 
 and many others who 
 have their missions, chap- 
 els, etc. The only Rus- 
 sian church in the United 
 States is in Greater New 
 York, and is a striking, 
 beautiful and costly struc- 
 ture. There are also sev- 
 eral Christian Scientist 
 Churches, one of which 
 is located at 96th Street 
 and Central Park West. 
 It cost over $1,000,000. 
 
 Its Hospitals 
 
 There are 132 hos- 
 pitals, valued at $14,- 
 782,400. Nowhere in 
 the world are so many located in one city, and none is 
 so complete in every sense of detail, efficiency and size. 
 
 Its Philanthropy and Charities 
 
 For philanthropies, benefactions and charities, no 
 city in the world compares with New York. There are 
 over 3,000 charitable organizations and institutions, 
 among which are infirmaries, homes for the blind, for 
 the incurables, orphan asylums and free dispensaries 
 scattered about the city. The city gives yearly $50 to 
 each blind person, and has done so for years. Each re- 
 ligious denomination has its own system of giving, aiding 
 the helpless, curing the sick and burying its dead ; and 
 many have their own hospitals, which are free for all. 
 The Catholic, Jewish and Episcopal churches lead all 
 others in their benefactions and charities. There is no 
 city in the world that cares so tenderly and considerately 
 for its poor. There are seaside hospitals, floating hos- 
 pitals that are towed about the rivers and harbors during 
 the summer months and immense fresh air funds which 
 
 [Page Tventy-eight] 
 
COLUMBIA LIBRARY. COLUMBIA UNIVERSITY 
 
 Gift of Ex-Mayor Setli Low. Contains 350,000 volumes 
 
 provide for the sending of the poor into the country 
 during the hottest summer months. It also provides free 
 bread to the indigent, and free milk and ice throughout 
 the congested parts of the city. As an illustration of 
 the sympathy and tender-heartedness of the citizens of 
 this great city, we have simply to mention the Society for 
 the Prevention of Cruelty to Animals and the Society 
 for the Prevention of Cruelty to Children. It is not an 
 uncommon sight to see a street or avenue blocked while 
 an injured horse, a wounded dog or cat is being cared 
 for by the ofEcers of the S. P. C. A. The care of the 
 homeless and outcast children who are taken up by the 
 S. P. C. C. is as delicate and tender as that of a loving 
 mother. The little tots get every attention and are so 
 disciplined and taught that they are moulded into better 
 boys and girls — more fully prepared to overcome their 
 unfortunate positions in the world and fight life's battle 
 with a better chance for overcoming its many obstacles. 
 
 The Mills' Hotels 
 
 One of the greatest business philanthropies that this 
 city knows is that of the building of the Mills' hotels, es- 
 tablished and owned by D. O. Mills. There are already 
 two and the third is being completed. One is on Bleecker 
 Street, near West Broadway. It contains 800 rooms. A 
 clean, comfortable room may be had for 20 cents a night 
 and meals are furnished at 15 cents. There is another on 
 Rivington Street, near the Bowery, on the east side, con- 
 
 [Page Twent>-nine] 
 
THE NEW YORK LIBRARY 
 
 Astor-Lenox-Tilden Foundations 
 
 taming 600 rooms. The third is now in course of con- 
 struction at 37th street and Seventh Avenue, at a cost 
 of $1,000,000. These hotels provide a place where a 
 man of unfortunate circumstances may go and still 
 retain his self-respect and standing among his fellow 
 men and at very small cost. Visitors are always 
 welcomed at these hotels and it is worth anyone's time 
 to see them. 
 
 Sacred Funds 
 
 Much of the sacred funds of New York is invested 
 in New York City real estate. The Corporation of 
 Trinity Church has the largest income from its invest- 
 ments. It receives nearly $800,000 yearly, which is 
 used to support a number of parishes and for settlement 
 work among the east side poor. 
 
 The Libraries 
 
 To help both young and old to study and to 
 learn, New York has libraries which contain in the 
 aggregate, 2,000,000 of books. Counting each time 
 of use as one book, 6,000,000 volumes are with- 
 drawn by citizens during each year for home use, 
 and 3,000,000 are read in the reading rooms. The 
 New York Public Library, now in course of construc- 
 tion at Fifth Avenue and 42d Street, will cost $15,- 
 000,000 and will contain over 4,000,000 books— 
 1,000,000 in excess of the next largest in the world, 
 that of the Bibliotheque Nationale, of Paris — 
 the great French library. The New York Public 
 Library ( Astor, Lenox and Tilden Foundations) was 
 
 [Page Thirty] 
 
THE I^LAZA 
 
 58th Street and Fifth Avenue, showing entrance to Central Park 
 Hotels Netherland and Savoy and Metropolitan Club shown in the foreground 
 
 established by consolidation of the trustees of the Astor 
 Library, the trustees of the Lenox Library and the 
 Tilden Trust, May 23, 1895. The Lenox Library build- 
 ing and site were sold to Henry C. Frick for $3,000,000. 
 This money will be spent for books alone. Andrew 
 Carnegie has given the city $5,500,000 for 55 libraries, 
 15 or 16 of which are now constructed, the money to 
 be spent for buildings only, the city to provide the land 
 and maintain the libraries when built. They are to be 
 free circulating libraries. 
 
 Greatest Publishing Center 
 
 This is the greatest publishing center in the world. 
 The printers and press operators number 26,414, of 
 whom 893 are women. The circulation of its daily press, 
 magazines and periodicals surpass those of any other 
 city. There is scarcely a language that does not have 
 its representative newspaper in this great Metropolis. 
 There are the Chinese, Greek, Hebrew, Italian, German, 
 Hungarian and Swedish publications, beside others. 
 
 Newspaper Office Building 
 
 The greatest newspaper office building in the world is 
 the Times Building, Broadway and 42d Street, this city. 
 It has the best equipped newspaper plant in the world— 
 that of The New York Times. As an office building it 
 has no equal — for location, light, centralism and access- 
 ibility. Its tenants are selected with the greatest discrimi- 
 nation. High character and strictly legitimate business 
 
 [Page Thirty-one] 
 
only accepted. It is 
 on an island, so to 
 speak, with 100- 
 foot streets on every 
 side. It is nearest the 
 clouds of any artifi- 
 cial or natural point 
 within 12 miles. 
 It has electric ele- 
 vators with the high- 
 est rise and cost- 
 liest control of any 
 office building in the 
 world — that of 326 
 feet IH inches. It 
 contains mor-^ than 
 5 miles of heating 
 pipe. Its smoke 
 stack is 389 feet 
 high. Over 28 tons 
 of glass were used 
 in the building. 
 More than 12,500 
 tons of cement were 
 needed in its con- 
 struction, also 3,293,000 red brick, a greater part of 
 which were supplied for building the great retaining walls 
 extending from the foundations up to the street level. 
 For artificial light and other purposes, 21 miles of con- 
 duits were installed. Small though the roof area of the 
 Times Building is, more than 47 tons of material were 
 required for doing the work. The pipes in the plumb- 
 ing weigh more than 100 tons. The flag pole is 471 
 feet above tide. The building cost $1,200,000. The 
 pressroom of The Times is three floors below the level 
 of the street, and a portion of the ground floor and floor 
 below at the subway entrance are rented for a drug 
 store at the yearly rental of $36,000. 
 
 TIMES BUILDING 
 
 HomeOfficeof The McCormack Real Estate Co. 
 Cost $1,200,000. Highest point within 12 miles 
 
 Cost of City Government 
 
 The cost of running this great city is larger than 
 
 [Page Thirty-two] 
 
NEW UNITED STATES CUSTOM HOUSE 
 
 Facing Bowling Green at foot of Broadway. Magnificent carved granite 
 structure, costing $4,500,000. Style, French Renaissance 
 
 that of any other city in the world. It exceeds the cost 
 of the administration of the United States, exclusive of 
 pensions, post offices and river and harbor improvements. 
 There are over 50,000 on the city's pay roll. 
 
 Revenue From Liquor Licenses 
 
 There are about 16,000 Hcenses granted each year 
 in Greater New York for the sale of malt and spirituous 
 liquors, for which the city receives over $12,000,000. 
 
 The Police 
 
 To maintain the peace in the five boroughs of 
 Greater New York, 7,178 policemen are required, with- 
 out counting 1,240 "specials * and watchmen. There are 
 no more heroic "guardians of the peace" in this or any 
 other country than are the "blue coats" of New York. 
 There is scarcely a day passes that we do not hear of 
 some one or more risking life to save that of some child, 
 man or woman. London has over 12,000 police, which 
 augers that while it may be one-seventh larger than New 
 York, it requires fifty per cent more police protection. 
 
 The famous "Broadway squad" is composed of the 
 finest specimens of mankind, the world knows. Each 
 one is selected for his tallness of stature and magnificence 
 of physique and for his intelligence and education. They 
 are noted for their kindness and attention to women and 
 children. The "squad" represents the cream of the De- 
 partment. The mounted police, or "Traffic squad" share 
 
 fPage Thirty-three] 
 
with the"Broadway squad" 
 the attention and admira- 
 tion of the city's guests and 
 visitors. Their mounts are 
 beautiful bay horses, each 
 of which is trained for its 
 duties to such a degree 
 that they show almost hu- 
 man reasoning. Many of 
 them have circus-horse 
 tricks, so to speak, and 
 are made pets wherever 
 they are ridden. The 
 "Bicycle squad" are not 
 to be forgotten, for truly 
 they are as unique in their 
 sphere as any others of 
 the force. 
 
 THE BIRTHPLACE 
 OF PRESIDENT ROOSEVELT 
 
 On 21st Street, between Broadway and 
 Fourth Avenue; now surrounded by 
 large loft and apartment buildings. 
 
 Fire Department 
 
 For keeping under 
 proper subjugation the 
 treacherous "fire-fiend," 
 about 3,000 firemen are hired, the apparatus they em- 
 ploy comprising 160 steam engines (besides chemical 
 and hand engines), 24,000 feet of ladders and nearly 
 500,000 feet of hose ; 1,100 horses are used by the 
 Fire Department, notwithstanding whose efforts some 
 $7,000,000 of property goes up in smoke every year in 
 the City of New York. 
 
 Police and Firemen 
 
 New York's "Finest" and its "Fire laddies" go on 
 review parade each year. It is a sight most pleasing to 
 behold to watch these gallant, heroic specimens of 
 America's sturdiness and physical courage as they pass 
 by. The police have their parade May 11th each year, 
 after which awards for bravery are made by the Mayor 
 and Police Commissioner. The firemen parade and are 
 also reviewed each year. Medals for heroism are also 
 presented the same day by the Mayor and Fire Com- 
 missioner. 
 
 [Page Thirty-four] 
 
**L," Subway and 
 Trolley Employees 
 There are employed 
 on the Brooklyn Rapid 
 Transit, Interborough and 
 Metropolitan transporta- 
 tion lines in New York, 
 29,000 persons— the B. 
 R.T., 10,000; the Inter- 
 borough, 9,000, and the 
 MetropoHtan, 10,000. 
 
 The Streets 
 
 There are in Greater 
 New York about 3,000 
 miles of paved streets, the 
 mere clearing of which 
 requires the service of 
 2,900 persons all the year 
 'round. New York's 
 streets, placed end to end, 
 would extend across this 
 country from the Atlantic to the Pacific, and the tracks 
 of car lines would reach almost half way. To remove 
 the snow during the winter just past, $4,200,000 were 
 spent, and during some of the heaviest falls of snow as 
 high as 17,000 men were employed each day until the 
 work was accomplished. 
 
 Greater New York has the longest street in the 
 world, that of Broadway. Its length is about 20 miles. 
 
 The Speedway 
 
 New York has the finest speedway in the world. It 
 is on the lower bank of the Harlem River, north of 
 Washington Bridge. It is 100 feet wide and extends 
 from 155th to 208th Streets, 2 / -^ miles, and cost $8,000,- 
 000. It is exclusively for driving horses in light harness. 
 It was opened July 1, 1898, under the management of 
 the New York Road Drivers' Association. 
 
 Letter Carriers 
 
 Of Uncle Sam's faithful men who bring to our 
 
 [Page Thirty-five] 
 
 THE WALDORF-ASTORIA 
 
 Fifth Avenue, 33d to 34th Streets. It 
 is 16 stories, 214 feet high. Contains 
 1,400 rooms and cost $15,000,000 
 
THE SPEEDWAY 
 
 A splendid driveway along the Harlem River, 100 feet wide, 2*2 miles long 
 Used exclusively for driving horses in light harness 
 
 homes and offices both good and bad news as the year 
 rolls around, 3,012 of his letter carriers are employed 
 in this city. 
 
 Its Millionaires 
 
 Here's the home of the millionaire. Here's where 
 they come to live and spend their money. In 1885 New 
 York had only 28 millionaires. Now it has more than 
 2.000. Josiah Strong figures in his book, "Social Prog- 
 ress," that the wealth of our city is increasing at the rate 
 of $8,000,000 a day. To show that two or three of the 
 millionaires have spent and are spending their money in 
 this city, we need but cite the facts that Senator William 
 A. Clark ( United States Senator from Montana and 
 millionaire copper-mine owner ) has built at Fifth Avenue 
 and East 77th Street, the most costly private house in 
 America, with lofty observation tower and an art salon 
 filled with treasures. It has 121 rooms (without count- 
 ing 20 bathrooms) a Turkish bath, and with its contents 
 it will cost, when completed, $15,000,000. Charles M. 
 Schwab, former President of the United States Steel 
 Corporation, has built a $6,000,000 mansion on River- 
 side Drive, at 74th Street. Andrew Carnegie's Ameri- 
 can home, Fifth Avenue, 91st to 92d Street, cost 
 $3,000,000 — a birthday gift from the famous ironmaster, 
 founder of libraries and philanthropist, to his only daugh- 
 ter, Margaret Carnegie. Henry C. Frick, the Pittsburg 
 coke and steel magnate, has bought the site of the old 
 Lenox Library, on Fifth Avenue, paying $3,000,000 for 
 
 [Page Thirty-six] 
 
SCHWAB MANSION 
 
 Built anrl owned hv the former president of the United States Steel 
 Corporation. Cost $6,000,000 
 
 the land alone, on which he will build a mansion. John 
 W. Gates has just leased a suite of rooms in the Plaza 
 Hotel at the yearly rental of $46,000 — the highest price 
 ever paid in any hotel in the world. 
 
 Home of the Heads 
 of Great Corporations 
 
 New York is the center of the world's greatest cor- 
 porations. The Standard Oil, the U. S. Steel, the rail- 
 roads, coal companies, the U.S. Rubber, Tin Plate, Plate 
 Glass, American Tobacco Company and hundreds of 
 others representing billions upon billions of capital in- 
 vested and stocks and bonds issued. From Beaver 
 Street North to Liberty Street — one block deep, running 
 back to Broad and Nassau Streets — a covering of space 
 of about 200 X 1,000 feet, ( less than 3 acres of land) 
 are buildings in which corporations are conducted rep- 
 resenting many bilHons. That space is, perhaps, the 
 most valuable piece of real estate in the world. 
 
 Vital Statistics 
 
 There is in this city an average of 212 deaths 
 and 270 births a day. The birth rate is 29.1 in every 
 thousand. As the death rate is 17 in every thousand, 
 we have a net gain of 12.1 in a thousand a year. During 
 the past year 73,714 persons in the Metropolis died. 
 There were in the same period 90,000 babies born. In 
 other words, one person died every seven minutes and 
 one was born every four minutes. One-third of the per- 
 
 I Page Thirty-seven] 
 
THE BROAD STREET CANYON 
 
 Showing curb market in operation 
 
 sons who died were under 
 five years of age, and 
 16,526 of these children 
 did not survive long enough 
 to reach the age of one 
 year. On the other hand, 
 695 died of old age. Dur- 
 ing the year there were 
 40,000 marriages — one 
 solemnized every twelve 
 minutes, and of divorces 
 there were 1,100— one 
 every eight hours or three 
 a day. 
 
 Foreign-born 
 Residents 
 
 Just about one out of 
 every three inhabitants of 
 New York City is foreign 
 born. Manhattan alone has 
 789,342 residents of foreign birth, and Brooklyn, 355,- 
 697. The total number of foreigners domesticated in 
 the Metropolis is, in precise figures, 1,297,080. They 
 alone would compose a city as big as Philadelphia, four 
 times larger than San Francisco, or more than twice as 
 big as Boston. There are more Irish in New York than 
 there are in Belfast, Dublin and Cork — the three largest 
 cities in Ireland; more Germans than in Leipzig and 
 Frankfort-on-Main ; more Italians than in Rome; more 
 Austrians and Hungarians than in Trieste and Fiume; 
 more English and Scotch than in Aberdeen and Oxford; 
 more Poles than in Poltava, Russia, and more Greeks 
 than in Athens. One-sixth of the population of Greater 
 New York, one-fifth of Bronx and one-fourth of Man- 
 hattan are Jews, a number greater than the entire 
 population of the State of Maine. It has been 
 said, and no doubt truthfully, that three-fourths of 
 the business men from the Battery to 23d Street, 
 on Broadway, are Jews. One-eighth of the total 
 number of Chinese in the United States are in New 
 York City. 
 
 [Page Thirty-eight] 
 
The 
 
 Immigrants 
 
 The yearly ar- 
 rival of immigrants 
 to this new world 
 each year numbers 
 about 1.000,000- 
 250,000 of whom 
 stay in Greater New 
 York. If the in- 
 crease for 1907 is 
 to be judged by the 
 landing of these 
 prospective citizens 
 during the first 
 thirty-six hours of 
 May, 1907. the 
 total for the year 
 will be over 1,250,- 
 000. 20,0001anded 
 on May 1st and 2d, 
 breaking all previous records. Many were held aboard 
 ship for several days because the machinery of Ellis 
 Island, running at its greatest capacity, will allow only 
 5,000 persons to pass through its hands in a single day. 
 
 Bachelors, Spinsters and Others 
 
 There are in New York at the present time, 75,- 
 680 more bachelors than spinsters of twenty years and 
 over. In the population of the city there are, of ages 
 from twenty up, 357,986 single men, 626,603 married 
 men, 48,272 widowers and 1.189 divorced men. Of 
 women of like age, there are 282,306 spmsters, 610,- 
 321 wives, 147,386 widows and 2,040 divorced. The 
 widows and widowers alone of the Metropolis, would 
 make a city greater than Providence, Rhode Island. 
 
 Lawyers, Actors, Artists, etc. 
 
 There are slightly fewer than 8,000 lawyers, rather 
 more than 11,000 nurses and midwives, (1,342 of them 
 men) over 13,000 professional peddlers, 4,733 actors, 
 2,629 actresses, about 4.000 artists and teachers of art, 
 
 [Page Thirty-nine] 
 
 NEW YORK COTTON EXCHANGE 
 
 Building cost $1,000,000. Membership of 450 
 
VIADUCT AT 155(h STREET 
 
 Extending from St. Nicholas Avenue to McComb's Dam, connecting 
 Washington Heights, Harlem River and the Borough of the Bronx 
 
 approximately 10,000 musicians and teachers of music, 
 4,400 candy makers, 14,000 stenographers and type- 
 writers and 1,572 undertakers. 
 
 Barbers and Doctors 
 
 To shave the men and cut and care for the hair of 
 both sexes, there are 12,022 barbers and hairdressers 
 of male persuasion and 852 female tonsorial artists. It 
 is no small task to attend to the health of so huge a com- 
 munity, and this business keeps busy nearly 6,700 doc- 
 tors, 510 of whom wear petticoats. 
 
 Salesmen, Office Boys and Others 
 
 New York, of course, is a big shop, and to dispose 
 of the wares it has to sell, 45,730 salesmen and 22,705 
 saleswomen are required. There are 13,451 errand 
 and office boys and nearly 2,000 girls are employed in 
 similar capacities. More than 10,000 persons are en- 
 gaged in agricultural pursuits, (including gardeners and 
 florists) and it is odd to learn that the much mixed pop- 
 ulation of the city included 1,903 farmers and 116 
 lumbermen. 
 
 Feminine Employments 
 
 In this classification of occupations most interest 
 naturally attaches to curious and out-of-the-way feminine 
 employments. There are in New York, for example, 
 73 women clergymen, 78 women dentists, 3 women 
 street-car conductors, 48 women carpenters, 16 women 
 keepers of livery stables, 37 women masons in brick and 
 stone, 5 women paper hangers, 45 women plumbers, 
 
 [Page Forty] 
 
SCENE ON HUDSON RIVER 
 
 At 155th Street. Boating and bathing enjoyed here 
 Many boat clubs have their headquarters along this water-front 
 
 16 women blacksmiths and 251 women painters and 
 glaziers. Women, in this age of intense industrial activity 
 are invading, on an extensive scale, handicrafts hitherto 
 regarded as belonging to the male sex. Nevertheless, 
 though this fact has become in a general way familiar, it 
 seems surprising to discover that there are at present 
 in New York, 4 women fishermen and oystermen, 97 
 women officials of banks and corporations, 67 women 
 bankers and brokers, 78 women lawyers, 66 women 
 electricians and 30 women boatmen. 
 
 **One Day's Trouble" 
 
 What might be called "one day of trouble in New 
 York" is represented by a few figures recently obtained 
 by a person curious about such matters, who, taking a 
 chance of twenty-four hours of life in the Metropolis, dis- 
 covered that in that length of time there were 26 fires, 
 35 serious accidents, 5 persons found dead, 2 attempted 
 suicide and 392 individuals were arrested for various 
 offences more or less important. It is more interesting, 
 however, to review such occurrences by the year. Care- 
 ful inquiry has elicited the fact that on every day of the 
 twelvemonth, taking an average, 10 fatal accidents are 
 reported to the police in the Metropolis. 2 persons com- 
 mit suicide every day and 1 man or woman is murdered 
 every three days. In Greater New York 12 human 
 beings meet violent deaths in one form or another every 
 day of the year. During the year, the total number of 
 violent deaths was 4,425, out of which number 162 were 
 
 [Page Forty-one] 
 
homicides, 648 suicides 
 and 3,462 accidental. 
 
 ST. PAUL'S CHAPEL 
 
 It is overtopped by office buildings. Is 
 the oldest church building in New York 
 Gen. Washington worshipped here 
 
 Sad to Relate 
 
 Out of every ten 
 persons who die in New 
 York City one is buried 
 in the Potter's Field — 
 the last resting place of 
 those who have no friends 
 or money to bury them 
 The expenses of all such 
 burials are paid by the 
 city. Out of every nine 
 families one is evicted or 
 served with dispossess 
 notice for non-payment 
 of rent. 
 
 Summer 
 Excursions 
 
 New York is the 
 greatest center from 
 which to start on summer excursions. The Atlantic 
 Ocean, Long Island Sound and Hud son River for the 
 steamers, and railroads leading to every point of the com- 
 pass. The "special" rates on railroads and steamers are 
 proportionately cheaper from this point than any other 
 in the country. 
 
 Greatest of Summer Resorts 
 
 New York City is the greatest summer resort in 
 the world. It is crowded during the hot weather by va- 
 cationists and visitors from all ova * the country and the 
 world. The hotels and boarding houses are over-crowded 
 and at times it is almost impossible to get accommodations. 
 
 Greatest Seaside Resort 
 
 Coney Island, whose character has very creditably 
 changed in the last few years, is unquestionably visited 
 by more people than any other resort in the world. It 
 is not unusual for 500,000 to go there in one day. 
 Millions of dollars have been invested and are being 
 
 [Page Forty-two] 
 
spent there for further im- 
 provements. During the hot 
 weather it is quite frequent 
 that from 40,000 to 50,000 
 people sleep all night on the 
 beaches. Coney Island also 
 has the largest hotel. It con- 
 tarns 1.000 rooms. There are 
 also Midland and South 
 Beaches, and Long Beach, 
 drawing enormous crowds. 
 
 What Do 
 
 You Think of This ? 
 
 No. 1 Wall Street, at the 
 corner of Broadway, is assess- 
 ed by the City at $4 per sq.inch. 
 
 New York City 
 Prison 
 
 The most modern jail in 
 the world is that of the City 
 Prison, which has been erec- 
 ted at a cost of $1,000,000 
 on the site of the old Tombs, a damp and gruesome 
 structure of Egyptian architecture. It is connected on 
 the north with the Criminal Courts between which is the 
 much-heard-of "Bridge of Sighs." 
 
 Largest Bank in the World 
 
 The National City Bank, at 52 Wall Street, is the 
 greatest financial institution excepting the Bank of Eng- 
 land and the Banque de France, both of which are Gov- 
 ernment banks. It was founded in 1812 on the present site. 
 It has purchased the Custom House for $3,000,000 and 
 will remodel that historic structure and occupy it when 
 the Collector of Port moves to the new building on Bowl- 
 ing Green. Since James Stillman, brother-in-law of Wm. 
 G. Rockefeller — brother of John D. — became president 
 o( the bank in 1891 its business has grown enormously, 
 revolutionizing banking conditions. Its capital and sur- 
 plus are $42,480,726; deposits, $255,468,356; assets, 
 $317,436,471. It is known as the Rockefeller Bank. 
 
 [Page Forty-three] 
 
 No. 1 WALL STREET 
 
 Cor. Broadway. Famous as the 
 highest priced property, per foot, 
 in the United States. The land 
 recently sold for $700 per sq. foot 
 
HELL GATE BRIDGE OVER EAST RIVER 
 
 Planned for the Pennsylvania Railroad 
 
 The City's Sight-Seeing Conveniences 
 
 The thousands of daily visitors to New York are 
 afforded an opportunity for seeing this great city in a way 
 found nowhere else on the globe. There are companies 
 who run automobiles to all the interesting parts of the 
 city. There are yachts that are run around the North 
 and East Rivers and harbor, passing through the bay 
 to the ocean and return. There are autos and guides to 
 take guests through Chinatown and other points of 
 extreme interest at night. 
 
 PubHc and Private Baths 
 
 New York, like Japan, believes in personal cleanli- 
 ness, as is evidenced by the numerous public and private 
 baths throughout the city. The municipal government 
 maintains many stationary and floating free baths for the 
 poor along its water front. These baths are a great boon 
 to the poor, who, in the summer time, crowd them daily 
 to their utmost capacity. Each year new ones are added. 
 
 Largest and Heaviest Bridge 
 in the World 
 
 The steel viaduct and bridge that will connect the 
 Long Island and Pennsylvania lines at the Long Island 
 City terminus of the tunnel with the New York, New 
 Haven & Hartford tracks in the Bronx will be the 
 largest and heaviest bridge in the world. The plans 
 were filed with the Municipal Art Commission for their 
 adoption before the actual work will begin. They con- 
 template the erection of a structure to carry four tracks 
 140 feet above high water at Hell Gate, and to cross in 
 a sweepmg curve, Hell Gate, Ward's Island, Little Hell 
 Gate, Randall's Island and the Bronx Kills. 80,000 tons 
 
 [Page Forty-four] 
 
of steel will be used in 
 its construction. The 
 railroad tracks will be 
 imbedded in stone bal- 
 last so as to render 
 the structure noiseless. 
 
 Its Passenger 
 Stations 
 
 When completed 
 (and both are build- 
 ing) New York will 
 have two of the largest 
 and most beautiful 
 passenger stations in 
 the world — the New 
 York Central and the 
 Pennsylvania. When 
 completed and tunnel 
 connections are made, 
 steam for transpor- 
 tation purposes will be 
 entirely abolished in New York City. 
 
 Voters and Representatives 
 
 New York City has a larger number of voters 
 than any other city and also has a larger represen- 
 tation in the halls of Congress at Washington. 
 
 The Center for Merchandise 
 
 New York is the country's center for merchandise 
 of every character. There is not a department 
 store of any size in the United States and Canada 
 that does not send its buyers to this market at least 
 once a year. Many of them have salesrooms and 
 branches here. 
 
 Interborough Power Plant 
 
 At 59th Street and North River is situated the 
 largest electric power house in this or any other country. 
 It has a voltage of 11,000 volts which is distributed 
 
 [Page Fort\-five] 
 
 HELL GATE BRIDGE 
 
 Over East River. Showing the stone towers 
 dividing the arch bridge proper from the steel 
 viaducts that form the approaches to it 
 
to sub-stations and run 
 through transformers and 
 goes out over the system 
 at a voltage of about 600. 
 This enormous power 
 drives cars over the Inter- 
 borough and Metropolitan 
 lines, which include the 
 subway, "L" and surface 
 trains, the passenger re- 
 ceipts from which were 
 $500,000,000 last year. 
 
 Proposed Municipal 
 Office Building 
 
 The ill ustrartion on 
 page two is a design for 
 a 45-story - 650 feet 
 high, municipal office 
 building and railway ter- 
 minal near the City Hall- 
 Brooklyn Bridge approach. 
 It was planned by former 
 Bridge Commissioner Gustav Lindenthal and Architects 
 Henry F. Hornbostel and George B. Post. Besides 
 furnishing 400,000 square feet of office room for the 
 city departments, the structure would have at its base a 
 five-decked railroad station, with the subway in the base- 
 ment. Metropolitan surface cars on the street level, ten 
 loops for Brooklyn surface cars on the second story, 
 Manhattan "L" station third story, and Brooklyn ' L" 
 station on fourth story. Estimated cost, $10,000,000. 
 It is, as yet, merely an idea. 
 
 Daily Use of Water 
 
 There is an average daily use of water in Greater 
 New York of 475,190,000 gallons. To fully realize 
 what such a vast quantity represents, you would have to 
 learn that if it were run into those large oil-tank cars we 
 see on many of the railroads, each of which has a capacity 
 of about 6,000 gallons, it would require 80,000 cars 
 each day to carry it. The cars if placed end to end 
 
 [Page Forty-six] 
 
 OLD CUSTOM HOUSE 
 
 200 X 160 feet. Built for Merchants' 
 Exchange, 1841; Custom House, 1862. 
 Purchased by City National Bank for 
 its offices 
 
would reach a distance 
 of 409 miles — further by 
 29 miles than from New 
 York to Rochester. Again, 
 if this almost unbelieve- 
 able volume of water 
 were put into a stand 
 pipe, 10 feet in diameter, 
 the pipe would have to be 
 183.8 miles high to hold 
 this daily supply. If the 
 stand pipe were laid hor- 
 izontally, it would reach 
 from New York to be- 
 yond Troy. 
 
 Finest 
 
 Municipal Ferry 
 Transportation 
 
 Two of Greater TITLE GUARANTEE & TRUST CO. 
 
 NV 1 ' L One of the most beautiful bank buildings 
 
 eW I OrK S DOrOUgnS, j„ ^^e world. Used exclusively for its 
 
 Manhattan and Rich- SKooo''l5it ^"'$^0:2^000 
 mond, Staten Island, are 
 
 connected by the finest ferry system owned by a city in 
 this country New York City has already spent nearly 
 $5,000,000 for these ferries. The Ferry Commissioner 
 says the Staten Island Ferry is the best in the world. Each 
 one of the new boats — and there are five of them — cost 
 $350,000. Each is named after one of the five boroughs 
 — Manh attan, Brooklyn, Bronx, Queens and Richmond. 
 The new ferry terminal and borough buildings at St. 
 George, Staten Island, cost $1,500,000. 
 
 Within a Short Radius of New York 
 
 Inside a circle that could be circumscribed by a 12- 
 inch gun on one of Uncle Sam's battleships, if the ship 
 lay anchored in the Hudson River, opposite the Custom 
 House, lie the greatest and largest manufacturing plants 
 in the world. Within that area are the greatest sewing 
 machine factory, the largest thread works, silk mills, car- 
 pet manufacturers, sugar refineries, starch factories, 
 builders of boats and yachts, largest of tanneries of sole, 
 
 [Page Forty-seven] 
 
GRAND CENTRAL STATION 
 
 Now being erected, covering 19 city blocks. 47 tracks on level below 
 street; 15 suburban tracks. Larger train capacity than any station 
 in the world. Main entrance, three arches, each 33 feet wide 
 
 calf and patent leathers, hardware producers, varnish 
 and paint manufacturers, trunk, hat, millinery and wom- 
 en's garment, gold and silver works, piano makers and 
 immense iron, bridge and shipbuilding industries. There 
 are also the largest lead pencil manufactories as well as 
 plants making rubber clothing, etc. These are all ex- 
 clusive of the 48,000 manufacturing plants within Greater 
 New York. The largest basin, Erie, is also within this circle. 
 
 Bouquet Money 
 
 New York is credited with spending $4,000,000 
 a year for buds and blossoms. The floral item in the 
 annual budget of the whole country calls for $100,000,- 
 000. This sum is almost twice the aggregate bonded 
 debt of the New England States. What New York pays 
 for flowers is approximately $11,000 per day. 
 
 Largest Playground in This 
 or Any Other Country 
 
 New York City has the largest playground in the 
 world. This is the Parade Ground, just outside of Pros- 
 pect Park, Brooklyn. Nearly four times the size of the 
 gigantic Stadium at Athens, which is famous as the 
 athletic field of the Greeks, the Parade Ground exceeds 
 in size any playground in Europe. It comprises exactly 
 forty acres of smooth, well-kept turf. Nowhere in New 
 York, which has scores of playgrounds greater in size 
 than those of any other city in America, is there one 
 field to compare with this. Even the beautiful green 
 lawn of Central Park, where thousands of Manhattan's 
 
 [Page Forty-eight] 
 
THE PENNSYLVANIA R. R. TERMINAL STATION 
 
 children congregate daily, is but one-half its size, con- 
 taining twenty acres. 
 
 New Bellevue Hospital to be Largest 
 and Finest of Kind on Earth 
 
 Old Bellevue Hospital, its buildings overcrowded, 
 out of date and almost dilapidated, is about to give place 
 to one of the largest and most magnificent hospitals in 
 the world. The $8,500,000 to be expended upon it 
 will be spent for the poor, for Bellevue is theirs. In 
 reality it is a gigantic charity of the kind that doesn't 
 pauperize — for the man who is "down and out," who 
 must be helped but can't help himself. No place in New 
 York or any other city sees more of humanity as it is, 
 more pathos, more tragedy, than Bellevue Hospital. A 
 street car runs over a child; the first man that hears a 
 shriek runs to "ring up Bellevue." An old woman in a 
 tenement contracts the dreaded "white plague;" she hob- 
 bles to Bellevue. A millionaire may want a "dizzy 
 brother put in a safe place;" he carries him first to the 
 psychopathic ward of Bellevue. So it goes. The old 
 buildings at First Avenue and Twenty-sixth Street take 
 them in and send them out. There is no end to the 
 work — it grows. The new hospital is to cost $8,500,- 
 000 and will be as near fireproof as possible. 
 
 Greater New York Parks 
 
 In Greater New York there are something over one 
 hundred and sixty improved and unimproved parks, ag- 
 gregating more than seven thousand acres. These are 
 distributed throughout the various boroughs so that there 
 
 [Page Forty-nine] 
 
is scarcely any 
 portion of the 
 city to which 
 some of these 
 open spaces are 
 not accessible. 
 The park sys- 
 tem of this great 
 city is the 
 largest in the 
 world. Each 
 of the smaller 
 "square parks" 
 as they are 
 sometimes 
 called, has par- 
 ticular attrac- 
 tions for a dif- 
 ferent class of 
 loiterers. More 
 beggars make 
 Madison Sq. 
 
 Park their headquarters than any other park in the world. 
 From there they can readily reach the large shopping 
 districts and the residence section. 
 
 CITY INVESTING COMPANY'S BUILDING 
 
 Broadway, Cortlandt and Church Streets 
 Height, 486 feet. Cost $5,500,000 
 
 Greatest of All Its Wonders 
 
 Wonderful, yes, even marvelous, as are the facts 
 reviewed on the preceding pages, yet the greatest statis- 
 tics relative to New York are those of its real estate 
 values. Today, New York has a greater population than 
 Paris, which was founded before the Christian era, 
 and is the largest city in the world with the single ex- 
 ception of London, which has required nearly 2,000 
 years to attain its present growth. In many respects 
 New York has distanced London, and her recent ratio of 
 growth indicates that at an early day she will easily 
 rank first as the world's Metropolis in population, 
 wealth and beauty. Seated upon the three great islands 
 by the sea, her feet washed by two magnificent rivers, 
 she is incomparable. 
 
 [Page Fifty] 
 
SUB-TREASURY 
 
 Former site of New York City Hal!, where the Federal Congress met and 
 George Washington was inaugurated the first president of the United States 
 
 Its Talent Nowhere Equalled 
 
 In her wonderful cosmopolitanism, New York stands 
 absolutely unique, and this has been her characteristic 
 from the first. The remarkable talent of the New Yorkers 
 of our day, for instance, for real estate dealings, is nowhere 
 to be matched, neither can any other city of the world 
 hope to equal her marvelous growth and development in 
 wealth and culture. New York is great, magnificent, 
 still growing and is destined to outshine the world. 
 
 Number of Owners Decreasing 
 
 The land on which the city stands, originally owned 
 by a few, was divided and sub-divided until its owners 
 numbered 119,000. But the tide has turned, and today 
 the number of owners is steadily decreasing and is des- 
 tined to continue decreasing with accelerated rapidity, 
 since the possession of land in New York City is more 
 surely a source of wealth than any gold mine. Personify 
 gold as "wealth" and New York real estate may be 
 rightly held the richest gold mine of them all. 
 
 Requires the Millionaire 
 
 No individual, unless a millionaire or close to that 
 class, can longer hope to acquire personal holdings of New 
 
 [Page Fifty-one] 
 
MUSEUM OF NATURAL HISTORY 
 
 Columbus Avenue and 77th Street 
 
 York real estate. It is fast going into the hands of corpora- 
 tions, both sacred and secular. Realty companies are the 
 order of the day. The keynote to New York's enormous 
 wealth in realty lies in the tact that her real estate has 
 been limited by nature. 
 
 Five-fold Increase 
 
 From 1850 to 1900 the population of New York 
 rose from 700,000 to over 3,500,000 — an increase five- 
 fold. During the same period real estate values rose from 
 $500,000,000 to $5,000,000,000— an increase ten-fold. 
 
 Doubled Every Twenty Years 
 
 During the past one hundred years the population 
 of New York has doubled every twenty years, and 
 realty values have advanced twice as rapidly as the 
 population. 
 
 Billion More Than National Debt 
 
 The assessed value of New York real estate in 
 1 1 1906 was over $5,750,000,000, greater by over $500,- 
 000,000 than the combined real estate assessments of 
 Chicago, Boston, Philadelphia, St. Louis, San Francisco, 
 Pittsburg and Baltimore ; more by a whole billion than 
 enough to pay the National debt twice over. 
 
 Fabulous Advance 
 
 During the past fifteen years, from 1885 to 1900, 
 
 [Page Fifty-two] 
 
PROSPECT PARK (BROOKLYN) ENTRANCE 
 
 the advance in the value of land in New York City was 
 nearly equal to the total advance during the two hundred 
 and seventy-five years preceding. 
 
 Rate of Increase 
 
 From 1870 to 1880 the rate of increase was 22 per 
 cent; 1880 to 1890 the rate of increase was 52 per cent; 
 1890 to 1900 the rate of increase was 65 per cent. 
 
 Will Use Up Vacant Land 
 
 At the present rate of increase the city's population 
 will reach over 8,000,000 within twenty years, using up 
 all the vacant land, and carrying the value of the city's 
 realty to the enormous sum of $15,000,000,000. 
 
 Immensity of New York Land Values 
 
 The ten years* net increase of land values in New 
 York City from 1890 to 1900 was $1,173,732,306. 
 The combined output of all the gold and silver mines 
 of the United States for the same period was $1,000,- 
 997,140, or $172,735,166 less than the net increase 
 of the city's land. The total income from dividends on 
 all the railroad stocks of the United States for the same 
 period was $895,176,104, or $278,556,202 less than 
 the net increase of the city's land. Total combined capital 
 and surplus of all the National banks in the country 
 is $880,314, 384. or $293,417,922 less than the value 
 of the city's land. 
 
 Exceeds by a Billion 
 
 It exceeds by nearly a billion dollars the present com- 
 
 [Page Fifty-three] 
 
bined capital of all the 
 banks and trust com- 
 panies in the country. 
 New York real estate 
 values are fixed by the 
 law of supply and de- 
 mand. With the popu- 
 lation doubling every 
 twenty years, can there 
 be a limit to the demand? 
 Not one failure has ever 
 occurred in the owner- 
 ship of New York real 
 estate in the Hne of, near 
 by and based upon the 
 growth of the city. 
 
 Continued Growth 
 The continued 
 growth of New York City 
 is as irresistible as ocean 
 tides, as certain as day following night. The population will 
 exceed London by 1915, and double in twenty-five years. 
 
 Matters of Public Record 
 
 The above are all facts of public record and can be 
 verified by reference to national and municipal statistics. 
 They show clearly why success in the ownership of New 
 York real estate is not exceptional and why it is a favored 
 mvestment field of the largest capitalists and shrewdest 
 financiers the country over, and even in Europe. 
 
 Never Lose Her Harbor 
 
 The great city is what it is by virtue of that which she 
 can never lose — her harbor. As long as there is com- 
 merce, New York must grow and outgrow its artificial geo- 
 graphical boundaries, for no city in the world is the natural 
 gateway to such vast possibilities as this Metropolis. 
 
 Growth 20 Times Greater 
 Than United States 
 
 Beyond the Harlem River in the Borough of the 
 
 [Page Fifty-four] 
 
BLACKWELL'S ISLAND BRIDGE 
 
 Being built across the East River. A cantilever structure, resting on six 
 masonry piers. To cost, approaches and all, $20,000,000 
 
 Bronx and the adjoining suburban sections tributary to 
 New York are now more than half a million people. 
 During the last twenty years, 1885 to 1905, the popu- 
 lation of the Bronx has increased trom 58,000 to 325,- 
 000 persons, and its real estate values from $28,000,- 
 000 to $273,000,000. This growth is twenty times 
 greater than that of the United States as a whole — mar- 
 velous as that growth has been. 
 
 Greater Developments 
 
 Now that rapid transit has penetrated this section, 
 it will develop still more rapidly. The increase in the 
 population of the Bronx during the last census decade 
 was over 127 per cent, a larger rate than shown by any 
 city in the United States, The inevitable greater in- 
 crease in real estate values that is bound to follow will 
 make fortunes for those who wisely take advantage of 
 the present situation. What the Elevated has done for 
 Harlem, the subways, tunnels and bridges are doing for 
 other sections, but on a much larger scale. 
 
 Boroughs of Brooklyn and Queens 
 
 Heretofore the principal exodus from the city has 
 been toward the north. The direction of the greater 
 exodus, which is bound to come within the next few 
 years, may not, however, be to the northward. The 
 direction of the city's future great expansion will be in 
 the hne of the least resistance, and that Hne will depend 
 almost entirely upon the improved transportation facilities. 
 
 The Boroughs of Brooklyn and Queens and all of 
 suburban Long Island will, within a few years, enjoy 
 advantages far superior to those of the Bronx and its 
 
 [Page Fifty-five] 
 
ONE OF GREATER NEW YORK'S EIGHT RECREATION PIERS 
 
 Provided by the city, adjacent to the congested tenement districts 
 for mothers and children to enjoy the refreshing river breezes 
 
 northern and eastern suburbs. The completion of the 
 tunnels to Long Island will have almost a revolutionary 
 effect upon suburban Long Island. Its effect upon values of 
 real estate will be almost incalculable. Long Island will then 
 enter upon an era of improvement appreciated at the pres- 
 ent time only by those who have an eye to the future. 
 
 In the matter of removing the river barriers it will 
 be seen that the municipal authorities have looked not to 
 the present, but to the future. If the present rate of growth 
 continues, to occupy a private house on Manhattan Island 
 will be a remarkable distinction. The masses of the people 
 are gradually being driven to the suburban districts, where 
 modest incomes can (ind suitable homes. Peering 
 through the haze of the future, one perceives with un- 
 compromising clearness the vision of a magnificent city 
 on Long Island whose startling, rapid growth within a 
 few years will overshadow Manhattan and carry with it 
 the centre population of Greater New York. 
 
 This Is What We Invest In 
 
 On this class of real estate the Preferred Stock 
 of the Monaton Realty Investing Corporation is based 
 — New York City income realty. It is a better investment 
 thanGovernment bonds — more profitable and fully as safe. 
 
 we beheve them to be accu- 
 rate; however we cannot ab- 
 sohitely guarantee the state- 
 ments made herein. 
 
 Printed by Walcutt Brothers Co., N.Y., Printers for the Monaton Press 
 
 [Page Fifty-six] 
 
 Editor'' s Note — The figures 
 that appear in this booklet 
 have been carefully compiled 
 from reliable authorities and 
 
As Great 
 
 as May Seem the Facts 
 
 enumerated on the preceding pages of this booklet, the 
 
 greatest of all within the cover are those of the history of 
 
 THE McGORMACK 
 REAL ESTATE COMPANY 
 
 €L This Company became a corporate body January 
 1, 1906. The principals are Edward J. McCormack, 
 President, and D. Maujer McLaughlin, Vice-President 
 and General Manager. Its original incorporation was 
 for a full paid capital of $50,000. It has since been 
 increased to $500,000 full paid capital. During its 
 short existence it has incorporated many successful 
 companies for development. 
 
 C The McCormack Real Estate Company has a most 
 enviable reputation, and its success in real estate 
 operations, both wholesale and retail, has been not 
 only phenomenal but it is unprecedented. 
 CL Only recently it incorporated the McCormack War- 
 ranty Company with a full paid-in capital of $100,000, 
 and has just launched a $1,000,000 corporation known 
 as the Monaton Realty Investing Corporation, with 
 full paid-in capital. Each of these was incorporated 
 under the laws of the state of New York. 
 
 The Monaton Realty Investing Corporation invests 
 exclusively in New York City income property. Its 
 Preferred Stock is sold at the par value of $100 per 
 share, and the five per cent interest is guaranteed by the 
 McCormack Warranty Company, The McCormack 
 Real Estate Company acting as Exclusive Fiscal Agent, 
 d Never before in the history of New York City real 
 estate operations have such wonderful achievements 
 been known. The McC ormack Real Estate Company 
 has developed within the last sixteen months, St. 
 Albans and Rosedale Terrace, in the Borough of 
 Queens, and Valley Stream, just over the city line in 
 Nassau County, and on June 1st opened Floral Park 
 Villa, also in Nassau County, Long Island. In its whole- 
 sale and retail transactions, the Company has handled 
 over $8,000,000 of realty— an average of $750,000 a 
 month, and its present holdings are over $3,000,000. 
 
 The McCormack Real Estate Company 
 
 ■ Exclusive Fiscal Agent — — ^— — — — 
 
 MONATON REALTY INVESTING CORPORATION 
 Times Building, Broadway and 42d Street, New York 
 
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SEYMOUR DURST 
 
 'When you leave, please leave this hook 
 
 Because it has heen said 
 "Ever thing comes t' him who waits 
 
 Except a loaned hook." 
 
 Avery Architectural and Fine Arts Library 
 Gift of Seymour B. Durst Old York Library