cupied by the Hearst Publication Plant which houses the editorial
and press rooms of the New York Journal and American and the Sunday
American. The American Weekly is also printed here.

The stretch of shore from Catharine Slip to Corlears Hook was oc-
cupied by the shipbuilding industry during the War of 1812 and in the
decade preceding it. Many of New York's privateers that harassed British
sea-traffic during the war were constructed in the local shipways. And
from these yards was recruited Noah Brown's heroic band who fashioned
Commodore Perry's fleet for the Battle of Lake Erie.

South Street gradually assumes a quieter tempo at Market Slip as trucks
and pedestrians become less frequent. Farther on, at Rutgers Slip, there
is a pathetic little park more liberally supplied with benches than with
shade. From Clinton Street to Corlears Hook Park the East River is walled
from view by a continuous line of railroad pier sheds, and only an occa-
sional blast from an unseen tug reminds one that water-borne traffic is
passing.

Wall Street District

Area: Battery Place, Beaver St., and Old Slip on the south to Fulton St. on the
north; from Trinity Place and Church St. east to South St.

Wall Street, financial heart of the nation, is itself but little more than a
third of a mile long from its head at Broadway to its foot at the East
River, although its name is applied to a small district lying to the north
and south. Functionally, Wall Street is a complex mechanism developed
to provide the centralized banking and credit facilities and the efficient
securities market place that modern industry and commerce demand.
Walled in by towering structures, the street, by historical coincidence, is
well named.

At this place in 1653, Peter Stuyvesant, governor of New Amsterdam,
ordered a protective wall built across what was then the colony's northern-
most limit. It was not long before the city had pushed past this barrier,
and under British rule the district flourished as a center of government
and fashion. Following the Revolution, Wall Street became for a year the
seat of the Federal Government, and here were located the establishments
of such statesmen and leaders of commerce as Alexander Hamilton and
John Jay.

The four buildings of the famous New York Stock Exchange
cover the area between New, Wall, and Broad Streets and Exchange Place
—one block east of Broadway. The original building, designed by George