Chicago Board of Trade Building marks its 125 years Anniversary

Saturday, May 1, 2010

Chicago Board of Trade Building
The original Chicago Board of Trade Building opened for business May 1, 1885. Today, May 1, 2010, marks the 125years of anniversary since the organization commences its operation.

The building was designed by William W. Boyington, known previously for his work on the Chicago Water Tower. Built from structural steel and Maine granite, with a rear of enameled brick, it was 10 stories tall and featured a tower 320 ft (98 m) tall containing a large clock and 4,500 pounds (2,000 kg; 320 st) bell, topped by a 9 ft × 8 ft (2.7 m × 2.4 m) copper weather vane in the shape of a ship. Construction cost $1.8 million. With four elevators and a great hall 80 ft (24 m) high decorated by a stained-glass skylight and ornate stone balusters, it was the first commercial building in Chicago to have electric lighting. It was also the first building in the city to exceed 300 ft (91 m) in height and at the time was the tallest building in Chicago.
Night view of the top of The Chicago Board of Trade with the statue of Ceres clearly visible

The building attracted tourists and visitors. Viewing galleries were opened to the public for the first time in honor of the 1893 World's Columbian Exposition. In 1895, the clock tower was removed and the "tallest building in Chicago" record was then held by the 302 ft (92 m) tall Masonic Temple Building. Built on caissons surrounded by muck, the trading house was rendered structurally unsound in the 1920s when construction began across the street on the Federal Reserve Bank of Chicago. The 1885 building was subsequently demolished in 1929,[11] and the exchange temporarily moved to Van Buren and Clark while a new building was constructed at the LaSalle and Jackson site.


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