The San Francisco call., 1903-01-25
SPLENDID HOME OF THE COMMERCIAL
BODIES WILL COST OVER ONE MILL LION

will not take in all of the site OF the old
Pacific Stock Exchange building on Mont
gomery street that runs back to Leides-
dorn street. but will use ten feet OF the
rear now occupied by the old Stock Ex-
change structure
LIKE MILLS BUILDING.
In a general way the arrangement OF
the Merchants Exchange building will re-
semble the Mills building. There will be
large central light court. which will
light all except the ground floor. The
Merchants Exchange will be housed on
the ground floor. In the rear will be its
large hall. which will be lis feet deep and
Will have average width of 50 feet, the
width varying from 90 to 20 feet. In front,
on the ground floor, 1anking either side
of the main entrance, will be two large
Offices which will be 80 feet Deep These
will not be occupied by the Merchants
Exchange for its own uses, but will be
rented.
The new structure will be hreproof
throughout The frame will be OF struc-
tural steel and iron. The other principal
building materials to be employed Will be
granite, pressed brick and terra Gotta
The first three stories will be of granite.
Above that pressed brick and terra Gotta
will be employed AS will be seen BY
looking at the picture, the striking fea-
ture of the new Merchants Exchange Will
be its lack of elaborate OrnamentatiOn.
while the general effect will be artistic
and pleasing. The aim has been pursued
TO have as much light as possible An
absence Of projecting eOrnices. which
might reduce the amount of light, Is
noticeable
This will be a great Office building. 1t
is the aim of the Merchants Exchange
directors to have all the commercial
bodies of San Francisco avail themselves
of the great advantages which VIII arise
from being centered under one roof.
HEADQUARTERS SCATTERED.
Many business men belong to all the
commercial organizations The head
quarters Of such organizations are now
scattered from near the foot of Market
street to the more central portion of the
city. Convenience, economy and the offer
OF all modern conveniences that can be
provided will supply an inducement for
moving to the new place when IL is ready.
When this is accomplished. in the view
OF the directors of the Merchants Ex-
change, the mercantile and commercial
community of San Francisco will have.
for the first time, facilities corresponding
to those that are available in large East
ern cities. In addition 70 the large quar-
ters of the Merchants Exchange there
may be another assembly hall in the
building
Many months have elapsed since the
idea was conceived Of constructing an ex-
change building in San Francisco that
could compare with those used in the
East for similar purposes. Many Of the
details of the new structure now about 70
rise have long been under discussion.
Secretary T. G Friedlander was sent
East to visit various exchanges to set all
the latest ideas and TO confer with Burn
ham & Co. Of Chicago, the architects.
The greater part of the building will be
occupied by offices. The Southern Pacific
Company has leased nine floors, from the
fifth to the thirteenth. inclusive. In the
building will be six fast-running eleva-
tors. The main entrance to the struc-
tNre will be hanked by handsome granite
columns and over it will be the name Of
the exchange.