Rare Cast Iron 1912 Jarmulowsky Building Souvenir Building Still Bank NYC




Item History & Price

Information:
Reference Number: Avaluer:506878
Original Description:
 Super rare castiron 1912 Jarmulowsky Building Souvenir Building Still Bank New York City RatedV, 6 Really THEJEWISH DAILY FORWARD BUILDINGBuilt in 1912 as the Socialist newspaper reached newhighs in circulation among its audience of Yiddish-speaking immigrants. TheForward eventually moved out, was succeeded by a Chinese church, and thebuilding converted into residential condominiums.Firstpublished in 1897, the Yiddish-language Forward was born as Jewish immigrationswelled th...e New Yorksweatshops and labor unions. It had close ties to the Socialist Party, takingthe name of a successful Socialist paper in Berlin. Toreach working-class immigrants, the paper wrote of daily life, not just worldpolitics, and featured local news, short stories and a free-for-all advicecolumn with responses from editors and readers about love, money, ethics andgetting along in America.TheForward Association bought the building in 1906, and in 1910 bought the adjacentbuilding at 173 East Broadway, filing a permit for a new 10-story structure onthe two-lot site.  A large roof-mountedneon sign flashed the name of the newspaper in both English toward the Manhattan Bridgeto Brooklyn, and in Yiddish to passersby alongEast Broadway.Acommon story is that the building was built in response to the capitalistsymbolism of the 12-story Jarmulowsky Bank building two blocks away at 54 Canal Street, but that building was built two years later than The Forward's.  Sender Jarmulowsky was a Jewish immigrant from Poland who founded a bank in theearly 1870s. When the Jarmulowsky Bank building was completed in 1912, it wasone of the largest banks in New York.A few years later, World War One broke out and many of the immigrant depositorswithdrew their savings and closed their accounts to send money home to relativesin eastern Europe, leading to the bank's collapse. So, this is commonly known to collectors as the Jarmulowsky Building, but it’s really the Forward Building. **This version of the bank has the round twist trap, not the keylocking trap.  Part of the mechanism, ifany, appears to be missing.  This doesnot affect the display of the building.** **The tip of thecrown atop one of the clocks is broken off.** 
Name   Jarmulowsky Building
The Forward Building Location   173-175 East Broadway
New York, New York Material   Cast iron Manufacturer   CG Sheppard & Co.
J&E Stevens Age   1912
(107 years old!) Height   About 7.75 inches tall Condition   Very good overall. 
**See above references to the trap and the tip of the clock.**

Reads   deposit your money
with
banking house
M&L jarmulowsky
highest security and interest
where it is safe

Monumental Miniatures Plate   144 Scarcity   V (scarcest) Value   6 (most valuable) more than $1, 000   



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