New-York tribune., 1907-08-25
EXCHANGES NEW HOME.
Consolidated WW Occupy Its Broad
Street Building TO-mOTOSC.

The Consolidated Stock Exchange VIII leave the
Broadway and Exchange Place building which has
been it's home for twenty years. and take possess
sion of its new structure on the southeast corner
of Broad and Beaver streets tomorrow morning.
No formal ceremonies Will mark the chahse o"-
ing 20 the number of members out of town
The new building is within a block or the Stoch'
Cotton and Produce exchanges The site Lz.eo
souare feet. was purchased at a cost or $SV'""'
and Is said TO have increased in value. The cor
,,erstone of the building was laid January 81.
The Fuller Construction Company was the Sllder'
from plans of Clinton & Russell. architects. Inc
cost was about 100000 The style IS CLASSIC tie
Proad street front showing a row of ionic col
un1ns The material used IS limestone. on pase
OF granite. A dome surmounts the structure
The hoard room Is about five feet above the
Broad street level steps leading UP from the slde
walk all along that side Of the building 10 three
large entrances Practically the whole OF the
Eroad street front back of the columns is one
Iarya window giving with the side windows and
the slxvl,ght in the dome, abundance or hght.
The trading floor about 95xs2 feet. gives the IN
creased space needed There will be sixteen 'rao-
,ng nosts for railroad and industrial stocks ana
most for loans Of call and time money 'he INNING
stock department and the wheat pit
The system OF call numbers consists OF set OF
nearly five hundred for the more actiVe h'eiH"ei7
bob,nd which colored lights indicate "heh they al I
called by telephone. This is elevator =" .'o
so,,therlv wall An electric clock OF white marble
,,r-,o,,r-s the annunciator board This CLOCK
strikes automatically the opening hour s'eha's tie
Ii,nis CT time for the delivery OF stocks ana AT 'le
closing period sounds the gong which Is iol'""e"
by vibrating bell ., ia,
r-ta roe+r,+n for the chairman. on the north slde
,s or ras, India mahogany. The telephone spaces
are mainly on the south side Of the room Long
7ie+ance telephone booths a smoking room anu d
+ro,,cb Office of the Clearing House are on tie
os+ eide The visitors gallery Is on the east slut
- tba same floor the executive othCes' "i'i'5
.na fourth floor contains the board OF governors
ooYn and committee rooms. The Clearing HOUSE
hoe annie accommodations on the secohd Hoo' Vi
81. office norton of the building. Inc basement
1os bean leased for a restaurant for term Oh
years ,,o oo ,os,
The exchanges fiscal year ended June % 4'S'
= .ho most successful In its history. DeahhBs
,r leading railroad and Industrial stochs eAce'N -
q0o oo0 shares daily active days. March SloNeu
a record of 4s5.060 shares The CohsoIloa'eo ~
go a larger business In stocks than any other In
tbe United States excepting, OF COURSE 'i'' -"
York Stock Exchange. -
In the last year the policy of reducing the mum
her Of memberships, originally 24s' oy puioiido
and canc collation. by the exchange mas oeei IN
.j,uad The number is now 1,G9 as seVenty-IFe
,rara bought The exchange has among lts neiii-
,.rs oaacers OF many local banks and men Oh
e0airs. many have gone 10 the New iofh 0t"on
Irororoe while on the other hand some members
os the latter have disposed OF their seats ana
ioined the Consolidated. 80
Co,ncident with the removal the exchange "ih
droD the obsolete land Petroleum from i's olii'i'
,itle and become known as the consohoateu S'ocA
T.~change OF New York, dealing IN OH hhNihs
ceased many years ago.