News Clipping June 30, 1857
from Poulson Scrapbook , 9:58 , Library
Company of Philadelphia
-- Junette Teng and Leah Min
... Although very respectable in point of size and appearance in their day and generation, they had outlived both, and they have just disappeared to make way for something better up to the requirements of the age. Workmen are now engaged in setting upon their site a row of brown stone columns, which give promise of a handsome improvement upon the spot, which will be in keeping with the architectural character of the neighborhood.
Thirty years ago Third and Chestnut streets was a very different
neighborhood from what it is at present. Upon both sides of Third
street from Chestnut street south, there were generally old fashioned
shops and dwellings. There was probably not a single building
in the neighborhood, except the Girard Bank, in which a family
did not reside. The site of the Exchange was covered with heavy
warehouses, boarding-houses, and dead and alive little offices.
The brokers had not yet overrun the "coast," although
some of the mammonish craft were cruising, even at that time,
about the vicinity.