The Montgomery advertiser., 1903-04-23
FORTUNES NEW TEMPLE
DEDICATION OF NEW YORK
 STOCK EXCHANGE.
Its Appointments are splendid-In Summer It Will Be Coolest Place in City Outside
 of Ice Houses.

New York. April 22.-The members oi the New York Stock Exchange abandon ed business today to devote themselves to the ceremonies, incident to the dedi- cation. of their handsome new building. These ceremonies were brief and i'm pressive After prayer by the Rev. Nor gan Dix of Trinity Church, Ransom H Thompson. chairman of the building com mittee.. formally handed the. new build. the New York Stock Exchange Building Association. who in turn formally pre-. scented it te Rudolph Keppler. President of the exchange, for the use of the mem. bersl In accepting the building, MT Keppler spoke at some length. &
 An address by Mayor Low on behalf of the citizens and invited guests followed and then the members and their guests including many men prominent in finan- cial and business circles, were shown through the building. Among the in- vited guests were the President and Sec retary of the Consolidated Exchange, the New York Stock Exchange thus for the first time recognizing the institution. The members of the Consolidated Exchange sent their well wishes with large floral piece containing 800 American beauty roses. ....-.. ..-...
 1t Is just two years since the work of tearing down the old building to make room for the new was commenced, and during that time the Stock Exchange members have been accommodated at the Produce Exchange.
 1t was expected that the work would be completed within year. but the diff. faculties were greater than the architects and contractors had counted on. The building. which looks small beside the skyscrapers by which it Is surrounded presents striking appearance with its massive and beautifully carved stone pillars and decorations. The interior hal been arranged looking to the comfort, in every way possible. of the members. An impregnable vault has been built for the safety of securities, the heating, cooling, and ventilating arrangements are perfect and the board and other rooms are large comfortable end prettily decorate
 The building, which fronts on Broad street. extends, through to New street with an opening on Wall street, as in the old building. In the construction of if 1t was found necessary to go forty-two feet below the level of Broad street In the cellar of the exchange are vaults of safe deposit companies. and the plants for the cooling and heating of the build. ing.
 AhN hAOhHUSAo VIII Dc warmed in Wil- ter by constant flow of warm air. In summer the coolest spot in the city. out side of cold storage warehouse. will be the Stock Exchange. which will be kent at low temperature.
 The main board room in which the trad. ing is done, is 14ix19O feet and Is "A l.: feet to the ceiling. Into this will ro fresh air at the rate of 12.000 cubic feet minute. whilse exhaust pipes will dra N of the foul air
 The luncheon. club, secretaries office. and other offices. connected with each other. are on the floors above The members saw these for the first time to. day, as the building committee saw to fl that no inspection was made py members before everything was ready today.
 The steel deposit safe vault in the base. nnent Is 11s feet : inches long. 21 feet wide and feet 10 1-2 inches high. tbs walls being 10 inches thick, and the totaI weight, including the l10-ton vestibules I76 tons. It is carried on steel beams and columns at height of thirty-three fee, and four inches above the cellar floor. I, is enclosed by cold rolled steel bar par. tltion weighing forty tons. the bars be- ing placed four inches apart and beIns 5-8 inches in diameter