Chicago Board of Trade
Art by: Chris Hytha
Story by: Mark Houser
When the world's largest commodities exchange was also Chicago's tallest skyscraper, tourists flocked to observatory windows that once lined the base of its roof. More thrills awaited in the cavernous main trading hall, where they could watch traders in the chaotic pits shout and signal their buy and sell orders for bushels of corn, wheat, and soybeans.
The exchange was founded in 1848 by grain brokers and dealers to bring stability and standardization to unruly markets. Initially meant to establish prices for immediate sales, the exchange soon introduced futures contracts for hedging and speculating on where prices would be in months to come.
Carved figures on the limestone exterior recall the ancient farmers who first cultivated grains. Above them perches 33-foot-tall Ceres, a faceless, modernist version of the Roman harvest deity. Two more iterations of her are below: a classical statue from the former exchange now in a courtyard, and a huge mural that once hung in the trading hall and is now in an atrium, depicting an athletic goddess sowing seeds while topless.
The rooftop deck closed in 1971 and the pits are gone too, replaced by computer trading. But the skylit lobby still feels futuristic, lined by blocky black marble columns inlaid with metal strips and third-floor balconies perched on rippling cascades of buff stone.
Highrises are the iconic elements of American cities. Reaching radical new heights in technological advancement, skyscrapers fused Classical, Renaissance, and Gothic motifs onto steel and defined a new architectural language with Art Deco and International.
The Highrises project reveals hidden details of remarkable buildings, including many that are underappreciated. The images showcase structures that reflect the values and ideals animating the early 20th century. The stories provide historical context and deepen our understanding of their importance and value.
Highrise #159
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Chicago Board of Trade
Art by: Chris Hytha
Story by: Mark Houser
When the world's largest commodities exchange was also Chicago's tallest skyscraper, tourists flocked to observatory windows that once lined the base of its roof. More thrills awaited in the cavernous main trading hall, where they could watch traders in the chaotic pits shout and signal their buy and sell orders for bushels of corn, wheat, and soybeans.
The exchange was founded in 1848 by grain brokers and dealers to bring stability and standardization to unruly markets. Initially meant to establish prices for immediate sales, the exchange soon introduced futures contracts for hedging and speculating on where prices would be in months to come.
Carved figures on the limestone exterior recall the ancient farmers who first cultivated grains. Above them perches 33-foot-tall Ceres, a faceless, modernist version of the Roman harvest deity. Two more iterations of her are below: a classical statue from the former exchange now in a courtyard, and a huge mural that once hung in the trading hall and is now in an atrium, depicting an athletic goddess sowing seeds while topless.
The rooftop deck closed in 1971 and the pits are gone too, replaced by computer trading. But the skylit lobby still feels futuristic, lined by blocky black marble columns inlaid with metal strips and third-floor balconies perched on rippling cascades of buff stone.
Highrises are the iconic elements of American cities. Reaching radical new heights in technological advancement, skyscrapers fused Classical, Renaissance, and Gothic motifs onto steel and defined a new architectural language with Art Deco and International.
The Highrises project reveals hidden details of remarkable buildings, including many that are underappreciated. The images showcase structures that reflect the values and ideals animating the early 20th century. The stories provide historical context and deepen our understanding of their importance and value.