Merchants Exchange (Boston, Massachusetts)
Encyclopedia
The Merchants Exchange building (1842-1890) in Boston
, Massachusetts
was built in 1841 from a design by architect Isaiah Rogers
. Centrally located on State Street
, it functioned as a hub for business activities in the city.
.
After 1890, the "Exchange Building" occupied the site of the former Merchants Exchange building.
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...
, Massachusetts
Massachusetts
The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...
was built in 1841 from a design by architect Isaiah Rogers
Isaiah Rogers
Isaiah Rogers was a US architect who practiced in Mobile, Alabama, Boston, Massachusetts, New York City, and Cincinnati, Ohio.-Background:...
. Centrally located on State Street
State Street (Boston)
State Street is a major street in the financial district in Boston, Massachusetts and is one of the oldest streets in the city. The street is the site of some historic landmarks. The Faneuil Hall Marketplace can also be found nearby...
, it functioned as a hub for business activities in the city.
History
The Merchants Exchange served as one of Boston's "great gathering-points of the traders -- the marble-paved and frescoed hall ... with its newspaper files, bulletins, wind vane, and ship registry." It was "elegant ... with a fine reading-room, ... and besides accommodations for the post office, and for several insurance and brokers' offices, affords many conveniences for the mercantile community."Architecture
Built in 1841-1842 by architect Isaiah Rogers, Merchants Exchange was considered "among the best specimens of architecture in Boston" and "a dignified building in its day." Re-modelling occurred after the building "went down" in the fire of 1872Great Boston Fire of 1872
The Great Boston Fire of 1872 was Boston's largest urban fire, and still ranks as one of the most costly fire-related property losses in American history. The conflagration began at 7:20 p.m. on November 9, 1872, in the basement of a commercial warehouse at 83—87 Summer Street in Boston,...
.
After 1890, the "Exchange Building" occupied the site of the former Merchants Exchange building.
Function
The building housed business activities, such as:- Board of Trade (est. 1854)
- Boston Board of Marine Underwriters (est. 1850)
- Boston Marine SocietyBoston Marine SocietyThe Boston Marine Society is a charitable organization in Boston, Massachusetts, formed "to 'make navigation more safe' and to relieve members and their families in poverty or other 'adverse accidents in life.'" Membership generally consists of current and former ship captains...
- Boston Stock ExchangeBoston Stock ExchangeThe Boston Stock Exchange is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834...
(1844-1853) - Commercial Exchange (est. 1871)
- Post-OfficeUnited States Postal ServiceThe United States Postal Service is an independent agency of the United States government responsible for providing postal service in the United States...
(ca.1860-1872) - Soldiers' Messenger Corps