Hop Exchange
Encyclopedia
Southwark Street
Southwark Street is a major street in the London Borough of Southwark, in London England, just south of the River Thames. It runs between Blackfriars Road to the west and Borough High Street to the east. It also connects the access routes for London Bridge, Southwark Bridge and Blackfriars Bridge...
, London, in the Bankside
Bankside
Bankside is a district of London, England, and part of the London Borough of Southwark. Bankside is located on the southern bank of the River Thames, east of Charing Cross, running from a little west of Blackfriars Bridge to just a short distance before London Bridge at St Mary Overie Dock to...
area of the London Borough of Southwark
London Borough of Southwark
The London Borough of Southwark is a London borough in south east London, England. It is directly south of the River Thames and the City of London, and forms part of Inner London.-History:...
. Opened in 1867 and designed by R.H. Moore it served as the centre for hop
Hops
Hops are the female flower clusters , of a hop species, Humulus lupulus. They are used primarily as a flavoring and stability agent in beer, to which they impart a bitter, tangy flavor, though hops are also used for various purposes in other beverages and herbal medicine...
trading for the brewing industry.
Overview
HopsHops
Hops are the female flower clusters , of a hop species, Humulus lupulus. They are used primarily as a flavoring and stability agent in beer, to which they impart a bitter, tangy flavor, though hops are also used for various purposes in other beverages and herbal medicine...
, introduced to England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
from the Netherlands, are still used in the brewing industry. They are harvested from farms (known as "hop gardens") in Kent
Kent
Kent is a county in southeast England, and is one of the home counties. It borders East Sussex, Surrey and Greater London and has a defined boundary with Essex in the middle of the Thames Estuary. The ceremonial county boundaries of Kent include the shire county of Kent and the unitary borough of...
, and in the 19th century they were brought by railway to London Bridge Station
London Bridge station
London Bridge railway station is a central London railway terminus and London Underground complex in the London Borough of Southwark, occupying a large area on two levels immediately south-east of London Bridge and 1.6 miles east of Charing Cross. It is one of the oldest railway stations in the...
, or by boat up the River Thames
River Thames
The River Thames flows through southern England. It is the longest river entirely in England and the second longest in the United Kingdom. While it is best known because its lower reaches flow through central London, the river flows alongside several other towns and cities, including Oxford,...
. They were then stored in the many warehouse
Warehouse
A warehouse is a commercial building for storage of goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial areas of cities and towns. They usually have loading docks to load and unload...
s in the Borough area.
The purpose of the Hop Exchange was to provide a single market centre for dealers in hops. A glass roof allowed business on the trading floor of the Great Hall to be conducted under natural light
Natural light
Natural light can mean:*Sunlight*Moonlight*Natural Light Beer a product made by Anheuser-Busch....
. There were many similar outcry floor exchanges across London, such as the Coal, Metal
London Metal Exchange
The London Metal Exchange is the futures exchange with the world's largest market in options, and futures contracts on base and other metals. As the LME offers contracts with daily expiry dates of up to three months from trade date, along with longer-dated contracts up to 123 months, it also...
and Stock
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
exchanges, but wartime bombing, fires, redevelopment and modernisation have left the Hop Exchange the only one still standing. However, a fire
Fire
Fire is the rapid oxidation of a material in the chemical process of combustion, releasing heat, light, and various reaction products. Slower oxidative processes like rusting or digestion are not included by this definition....
in 1920 led to the top two storeys being removed, and the Hop Exchange was then converted into offices.
In 2004 Southwark Council nominated the building for inclusion in the blue plaque
Blue plaque
A blue plaque is a permanent sign installed in a public place to commemorate a link between that location and a famous person or event, serving as a historical marker....
scheme, but it was turned down.