Jasper County Democrat, Volume 3, Number 39, Rensselaer, Jasper County, 5 January 1901 — NEW BLOCK FOR ’CHANGE. [ARTICLE+ILLUSTRATION]

NEW BLOCK FOR ’CHANGE.

Design* of New York Stock Exchange Building Ara Mott Ornate. One of the finest buildings in the Wall Street district, New York, will be the new home of the Stock Exchange, which, It is expected, will be ready for occupancy on May 1, 1902. It Wlil not be a skyscraper; indeed, it will be only four stories high, as this will give enough room for the exchange. There will be no other tenants. The main entrance in Broad street will cover all the land occupied by the pres-

ent structure, and, in addition, that on which the Western Union building atands, the property having been purchased by the exchange. The Broad street front will be depressed from the second floor to the pediment, and the greater part of the front will be of glass, which will insure an abundance of light and air. The building is to be set on caissons, and the foundations are to be sunk to a depth of sixty feet. The whole building, the estimated cost of which is about $1,500,000, will be lighted by electricity generated by the exchange’s own plant. The work of demolishing the present structure will begin on May 1 next.

NEW YORK STOCK EXCHANGE.