Rensselaer Semi-Weekly Republican, Volume 38, Number 2, Rensselaer, Jasper County, 11 August 1905 — Pelf in Old Newspapers. [ARTICLE]

Pelf in Old Newspapers.

The persona-! attendant of the head of one of the large banking houses down-town has an unusual system of accumulating revenue. In a day many newspapers are left in the banker’s office, and not infrequently magazines. These the attendant carefully takes, rescuing from the waste baskets at night any which escaped him in the course of the day. .He folds them, takes them home and puts them in storage until he has enough to sell. “You’d be surprised at the way they accumulate,” said he. “When I first began to save them I thought I’d never get enough to sell, but it didn’t take long until my cellar shelves were full of papers and magazines. I keep each kind separate, nicely done up in packages, which I weigh, so I know at any time just how much stock I have on hand. “After I’d been saving the papers for about nine months I found I aad more than a ton, so I thought I’d sell them. I got different prices for the different kinds of vipers. The magazines brought 30 cents a hundredweight I got *"ore than sls for that ton of paper, l-iat was quite an item, yon see. for it never cost me anything but a little time. If ever I get out of work I’ll make a business of collecting papers arid selling them.”—New York Tribune.