The Providence news. (Providence [R.I.]) 1891-1906, 1903-04-22

The building, although 1t looks small
beside the skyscrapers by which IL is sur
rounded presents striking appearance.
with its massive and handsomely carved
stone pillars and decorations. The inte-
rior has 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 ar
rangemcnts are perfect and the board
and other rooms are large, comfortable
and prettily decorated.
A BOWER OF FLOWERS.
Tho great room on the first floor was a
bower of flowers for the dedication In
this room were the seats for the invited
guests, the men OF finance known the
world over. The building, which fronts
on Broad street, extends through TO New,
with an entrance on Wall.
In the construction OF IL II was found
necessary to go ~ feet below the level OF
Broad street Here caissons were built
on solid rock and a solid wall OF cement
built about the whole foundation. In
this cellar Of the exchange are the vaults
of safe deposit companies and the plants
for the cooling and heating OF the build
ing.
The members will be warmed in winter
by a constant flow of warm air. In sum-
mer, when the outside world is suffering
the coolest spot In the city outside OF a
cold storage warehouse will be the stock
exchange.
THE BIG BOARD ROOM
The main board room, in which the trad
ing Is done, is la by 109 feet and 7iiA feet
high. Into this will 80 fresh air at the
rate OF 600 cubic feet minute, while
exhaust pipes win draw Off the foul air.
The luncheon, club, secretaries offices
and other offices connected with the ex-
change are on the floors above. The mem
bers saw these for the first time today.
as the building committee saw 60 1t that
no inspection OF the building was made
by members before everything was ready
today.
The steel safe deposit vault in the
basement is 1lS feet. 5 inches long, 21
feet wide and . feet 10A inches high.
the walls being 10 inches thick and the
total weight. including the 10 ton vesti-
bules. 776 tons. IL is carried on steel
beams and columns at a height OF 36 feet
four inches above the cellar floor. IL is
enclosed by a cold rolled steel bar parti-
tion weighing 40 tons, the bars being
placed four inches apart and being lss in
ches In diameter.
DEDICATION CEREMONIES.
The dedication ceremonies which began
at II o'clock were brief but impressive.
After prayer by the Rev. Dr. Morgan
Dix OF Trinity church, Ransom VI.
Thomas, chairman of the building COM
mittee. formally handed the new build
ing over TO Donald Mckay. president OF
the New York exchange building. asso-
ciation. who I'm turn formally presented
IL to Rudolph keppler, president OF the
exchange for the use of the members.
In accepting the building Mr.. Keeper
made an interesting speech.
An address by Mayor Low OF behalf OF
the citizens and invited guests followed
and then the members and their guests.
including many men prominent I'm fnan-
cial and business circles were shown
through the building.
Among the invited gusts were the
president and secretary OF the Ccnsoli-
dated Exchange. the New York Stock Ex-
change thus for the first time recognizing
that institution. Tho guests were enter
tained with music by bands and orches-
tras. Tho brokerage offlcss - .As finan-