Democratic Sentinel, Volume 4, Number 22, Rensselaer, Jasper County, 9 July 1880 — Money Puffed Away in Smoke. [ARTICLE]

Money Puffed Away in Smoke.

It is a startling truth that New York pays more for cigars than bread, and tins is easily seen Avhen individual cigar bills run up to S3OO per annum. I know ono man avlio was unable to save anything on an income of $12,000 a year, and who gave among the reasons that it cost him $lO per week for cigars. If all his expenses Avere at such a rate there could be very little chance at accumulation. There are many smokers who average 100 cigars a week. These are the men Avho build up such fortunes as the Gilseys and others have made. Peter Gilscy landed in New York a poor emigrant. He was a piano maker, but opened a cigar shop in the Bowery, Avhich his wife attended Avhile he wrought at his trade. From this humble beginning Gilscy became one of the most extensive dealers in the city. He had at one time nearly a dozen cigar shops, and he left an estate worth $2,000,000. The Gilsey House is one of his creations, and the splendid establishment known as the “ Gilsey Building,” corner of BroadAvay and GourtlaUd street, is another. A country editor being asked, “Do hogs pay ?” says a great many do not. They take the paper several years, and then have tho Postmaster send it back “Refused,”