The Lobby of the News Building, located at 220 East 42nd Street New York. N. Y. where the Merchants & Bankers Business and Secretarial School occupies the third floor, is a source of interest and wonder to thousands of visitors daily. It cost approximately $200,000. On the floor is a gigantic compass, showing 58 principal cities and their relative distances from New York. In the sunken well, illuminated from beneath, a huge globe of the world - 12 feet in diameter, weighing 2 tons - revolves slowly on an axis. Seventeen panels, containing weather meteorological instruments and charts, encircle the walls. A Good School in a Wonderful Building Sherman C. Estey - Laurence W. Estey, Directors.