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The Chicago Stock Exchange Arch is a piece of historical architecture located in
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = List of sovereign states, Count ...
,
Illinois Illinois ( ) is a state in the Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria and Roc ...
, United States. Installed outside of the
Art Institute of Chicago The Art Institute of Chicago in Chicago's Grant Park, founded in 1879, is one of the oldest and largest art museums in the world. Recognized for its curatorial efforts and popularity among visitors, the museum hosts approximately 1.5 mil ...
, it is one of the few surviving large-scale fragments from the
Chicago Stock Exchange NYSE Chicago, formerly known as the Chicago Stock Exchange (CHX), is a stock exchange in Chicago, Illinois, US. The exchange is a national securities exchange and self-regulatory organization, which operates under the oversight of the U.S. Se ...
building designed in 1893.


History

The arch was sculpted by
Dankmar Adler Dankmar Adler (July 3, 1844 – April 16, 1900) was a German-born American architect and civil engineer. He is best known for his fifteen-year partnership with Louis Sullivan, during which they designed influential skyscrapers that boldly addr ...
&
Louis Sullivan Louis Henry Sullivan (September 3, 1856 – April 14, 1924) was an American architect, and has been called a "father of skyscrapers" and "father of modernism". He was an influential architect of the Chicago School, a mentor to Frank Lloy ...
in 1893 for the Chicago Stock Exchange building. Prior to the building's demolition, the entryway arch and the
trading floor Open outcry is a method of communication between professionals on a stock exchange or futures exchange, typically on a trading floor. It involves shouting and the use of hand signals to transfer information primarily about buy and sell order ...
were saved for preservation by the Art Institute of Chicago. Other architecturally significant fixtures and pieces from the exchange were preserved, including a staircase saved by
The Met Fifth Avenue The Met Fifth Avenue is the primary museum building for the Metropolitan Museum of Art in New York City, United States. The building is located at 1000 Fifth Avenue, along the Museum Mile on the eastern edge of Central Park in Manhattan's Upper ...
, and a
baluster A baluster is an upright support, often a vertical moulded shaft, square, or lathe-turned form found in stairways, parapets, and other architectural features. In furniture construction it is known as a spindle. Common materials used in its c ...
saved by the
Kirkland Museum of Fine & Decorative Art Kirkland Museum of Fine & Decorative Art is an art museum in Denver, Colorado, United States. The museum houses three principal collections and includes the original studio and art school building of artist Vance Kirkland (1904–1981). On 10 March ...
. A 1974 donation of $520,000 by
Walter E. Heller Walter E. Heller (1891–1969) was a US financier and philanthropist, who founded Walter E. Heller and Company, Inc., Chicago, Illinois with money borrowed from his father in 1919. He originally started the company to do "automobile financing" as ...
Foundation, whose company purchase the Exchange and replaced it with the
Heller International Building The 500 West Monroe Building is a skyscraper in Chicago, Illinois. The building rises 600 feet (183 m) in Chicago's Near West Side neighborhood. It contains 45 floors, and was completed in 1992. The 500 W Monroe Building currently stands as the ...
, allowed for the preservation and reinstallation of the arch and former trading floor. The arch was installed outside the Art Institute of Chicago's east entrance in 1977. The arch is presently located outside of the Modern Wing of the Art Institute. During the three-and-a-half-year construction of the Modern Wing, the arch had to be shrouded in fabric mesh and
scaffolding Scaffolding, also called scaffold or staging, is a temporary structure used to support a work crew and materials to aid in the construction, maintenance and repair of buildings, bridges and all other man-made structures. Scaffolds are widely use ...
to protect it from possible construction damage.


Design

The arch was originally installed at the entrance of the Chicago Stock Exchange Building, a thirteen story building housing the city's
stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
. While doors were originally present in the arch, they were removed when relocated to the Art Institute of Chicago.


See also

*
Architectural sculpture in the United States : :''see also Architectural sculpture'' Architectural sculpture is a general categorization used to describe items used for the decoration of buildings and structures. In the United States, the term encompasses both sculpture that is attached to ...
*
List of public art in Chicago The city of Chicago, Illinois, is home to many notable works of public art on permanent display in an outdoor public space. References External links * {{Public art in the United States Art, Public Chicag ...


References


External links

* {{Public art in Chicago 1893 sculptures Outdoor sculptures in Chicago Sculptures in the Art Institute of Chicago