Photograph from Brown Brothers 



TH^ NEW YORK STOCK EXCHANGE FROM THE STEPS OP THE SUBTREASURY 

 DURING A UBERTY-LOAN CAMPAIGN 



A few figures will show the vast proportions of everything that relates to life in New 

 York. Four transients arrive every second, a passenger train comes into the city terminals 

 every fifty-two seconds, and a ship clears every forty minutes. A child is born every six 

 minutes, a wedding takes place every thirteen minutes, and a funeral is held every fourteen 

 minutes. There is a real-estate transfer every twenty-five minutes, a new building is erected 

 every fifty-one minutes, and a fire occurs every thirty minutes. Every day three hundred 

 and fifty people come to the city to live, and a hundred new telephones are installed. 



4 



