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The Old Saint Petersburg Stock Exchange (also '' Bourse'') and Rostral Columns, located in Saint Petersburg in the Russian Federation, are significant examples of
Greek Revival architecture The Greek Revival was an architectural movement which began in the middle of the 18th century but which particularly flourished in the late 18th and early 19th centuries, predominantly in northern Europe and the United States and Canada, but ...
. Designed by French architect
Thomas de Thomon Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (disambiguation) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Ap ...
, and inspired by the Greek Temple of Hera at Paestum, the stock exchange was constructed between 1805 and 1810. The rostral columns erected on either side of the Stock Exchange were completed in 1811. The Old Saint Petersburg Stock Exchange is located at Birzhevaya Ploschad 4.


Old Stock Exchange

Old Saint Petersburg Stock Exchange ( rus, Здание Биржи, r=Zdanie Birzhi) is an historic building in Saint Petersburg, the former location of 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 ...
. It is the main building in an architectural complex located on the spit of Vasilyevsky Island. The building, which is situated at Birzhevaya Ploschad 4, is an important example of
Greek Revival architecture The Greek Revival was an architectural movement which began in the middle of the 18th century but which particularly flourished in the late 18th and early 19th centuries, predominantly in northern Europe and the United States and Canada, but ...
. Designed by French architect
Thomas de Thomon Thomas may refer to: People * List of people with given name Thomas * Thomas (name) * Thomas (surname) * Saint Thomas (disambiguation) * Thomas Aquinas (1225–1274) Italian Dominican friar, philosopher, and Doctor of the Church * Thomas the Ap ...
and inspired by the Greek Temple of Hera at Paestum, the stock exchange was constructed between 1805 and 1810. It was built for the St. Petersburg Stock Exchange, but was subsequently used for a different purpose. It housed the Central Naval Museum from 1939 until 2010.


Description

The Old Stock Exchange is sited to fill the majestic sweep of the Spit (in Russian ''Strelka'') of Vasilievsky Island, just opposite the Winter Palace. Thomon's design called for a peristyle of forty four Doric columns resting upon a massive stylobate of red granite and supporting an
entablature An entablature (; nativization of Italian , from "in" and "table") is the superstructure of moldings and bands which lies horizontally above columns, resting on their capitals. Entablatures are major elements of classical architecture, and ...
of triglyphs and slotted metopes. A monumental sculptural group similar in form to a quadriga featuring
Neptune Neptune is the eighth planet from the Sun and the farthest known planet in the Solar System. It is the fourth-largest planet in the Solar System by diameter, the third-most-massive planet, and the densest giant planet. It is 17 times ...
, and symbolizing maritime commerce, is mounted above the portico. Both inside and outside the Bourse, a motif of the semicircle is recurrent. The interior features a large colonnaded trading hall, now divided into eight exhibition halls. The central rooms are illuminated by an oblong skylight. The surrounding ceiling features double-sunk coffers.


History

The Stock Exchange was founded by an edict of
Peter the Great Peter I ( – ), most commonly known as Peter the Great,) or Pyotr Alekséyevich ( rus, Пётр Алексе́евич, p=ˈpʲɵtr ɐlʲɪˈksʲejɪvʲɪtɕ, , group=pron was a Russian monarch who ruled the Tsardom of Russia from t ...
, ordering the establishment of a stock exchange for his capital city, inspired by the stock exchange in Amsterdam. In 1767 the Committee of City Building decided to develop the vacant space on the spit of Vasilevsky Island, and to create a new home for the St Petersburg stock exchange. The area was developed over six years, from 1783 to 1789, to a design by Giacomo Quarenghi. A range of buildings was constructed on the shores of the
Bolshaya Neva River The Great Neva or Bolshaya Neva () is the largest armlet of the river Neva. It starts near the Spit of Vasilievsky Island (easternmost tip of the island). The Great Neva is long; the width is from and the depth up to . Its tributaries are Font ...
, including the main building of the Academy of Sciences and the concave portion of the northern warehouse (1795–1797). These buildings enclosed the left and right sides of the tip of the spit, the projected location of the Stock Exchange building. Construction of the Stock Exchange building itself began in 1783, but was suspended in 1787. The project restarted in 1805, overseen by architect Thomas de Thomon, but by 1810 work had again stalled due to the upheavals of the Napoleonic Wars. The architectural ensemble was completed between 1826 and 1832 with the construction of the southern and northern warehouses and customs buildings to the design of the architect Giovanni Luchini. Decorations for the Stock Exchange were designed by
Vasily Demut-Malinovsky Vasily Ivanovich Demut-Malinovsky was a Russian sculptor whose works represent the quintessence of the Empire style. Biography He entered the Imperial Academy of Arts at the age of six and studied under Mikhail Kozlovsky for fifteen years. Upon ...
, while further work was carried out by
Marian Peretyatkovich Marian Marianovich Peretyatkovich (russian: Мариа́н Мариа́нович Перетя́ткович; 23 August 1872, in Usychi (Усичі in Ukrainian), Volhyn (now Ukraine) 22 May 1916, in Kyiv (Ukraine) was a Russian and Ukrainian ar ...
and Fyodor Lidval between 1913 and 1914, including the fitting of a reinforced concrete arch in the main hall of the Exchange.


Use as the Central Naval Museum

Following the
Russian Revolution The Russian Revolution was a period of Political revolution (Trotskyism), political and social revolution that took place in the former Russian Empire which began during the First World War. This period saw Russia abolish its monarchy and ad ...
in 1917, and the establishment of a Communist economic system, the building ceased to function as a stock exchange. In 1939 it was assigned to house the growing collection of the Central Naval Museum, which traced its founding to Peter the Great's creation of his "Model Chamber" in 1709. During the Soviet period the collection received many pieces confiscated from private collections. By 2007, federal authorities were considering moving the naval museum to a new location and to find a new use for the exchange building. Options considered were transferring it to the
State Hermitage Museum The State Hermitage Museum ( rus, Государственный Эрмитаж, r=Gosudarstvennyj Ermitaž, p=ɡəsʊˈdarstvʲɪn(ː)ɨj ɪrmʲɪˈtaʂ, links=no) is a museum of art and culture in Saint Petersburg, Russia. It is the list of ...
, or returning it to its former use as a centre for commerce. In 2010 work began on moving the naval museum to a new location in the renovated complex “Kryukov (Marine) barracks”, at Ploshchad Truda in the Admiralteysky District of the city. The old stock exchange building was transferred from federal ownership back to the city of St Petersburg in June 2011, and plans were considered to use it for the trading of oil commodities. These plans were eventually abandoned by October 2013 and the municipal authorities began to consider other uses, including as an exhibition hall, a conference hall, or a concert hall. In December 2013 Governor of St Petersburg
Georgy Poltavchenko Georgy Sergeyevich Poltavchenko ( rus, Гео́ргий Серге́евич Полта́вченко, p=ɡʲɪˈorɡʲɪj sʲɪrˈɡʲejɪvʲɪtɕ pɐlˈtaftɕɪnkə; born on 24 February 1953) is a Russian politician. He became Governor of Sai ...
announced that the exchange will be transferred to the State Hermitage Museum. The Hermitage's director,
Mikhail Piotrovsky Mikhail Borisovich Piotrovsky (russian: Михаил Борисович Пиотровский) is the Director of the Hermitage Museum in Saint Petersburg, Russia. Life and career He was born in Yerevan in the Armenian Soviet Socialist Republi ...
, declared that the building will be used to house the museum's
heraldry Heraldry is a discipline relating to the design, display and study of armorial bearings (known as armory), as well as related disciplines, such as vexillology, together with the study of ceremony, rank and pedigree. Armory, the best-known branch ...
collection.


The Rostral Columns

Opposite the exchange building on the Neva, de Thomon designed a semicircular overlook with circular ramps descending to a jetty projecting into the river. This formal approach, is framed by two rostral columns centered on the portico of the Stock Exchange. The Doric columns sit on a granite plinth and are constructed of brick coated with a deep terra cotta red stucco and decorated with bronze anchors and four pairs of bronze ship prows (''rostra''). Seated marble figures decorate the base of each column each representing the major rivers of Russia: the Volga and Dnieper at the northern Rostral Column,
Neva The Neva (russian: Нева́, ) is a river in northwestern Russia flowing from Lake Ladoga through the western part of Leningrad Oblast (historical region of Ingria) to the Neva Bay of the Gulf of Finland. Despite its modest length of , it ...
and Volkhov at the southern one. The Rostral Columns were originally intended to serve as beacons and originally were topped by a light in the form of a Greek brazier and lit by oil. The braziers have been removed and the tops of the columns refitted with gas torches that continue to be lit on ceremonial occasions.


Gallery

Image:Sthotoshnikov, Chesky - View of Bourse from Bolshaya Neva 1810s (cropped).jpg, The Old Stock Exchange (''Bourse'') as seen in an 1817 engraving Image:Neva spit.jpg, The Old Stock Exchange (''Bourse'') and the rostral columns in the 1890s File:Стрелка Васильевского острова ночью.jpg, The Bourse during the blue hour Image:Spb 06-2017 img03 Spit of Vasilievsky Island.jpg, The northern Rostral Column and Birzhevoy Bridge Image:Стрелка 2011 - panoramio.jpg, Old Saint Petersburg Stock Exchange File:Saint Petersburg city under the setting sun, Rostral Column of the Strelka of Vasilievsky Island, Saint Petersburg, Russia.jpg, Columns at sunset


Notes


Bibliography

*Бунин М. С. ''Стрелка Васильевского острова: История формирования архитектурного ансамбля.'' М.; Л., 1958. *Канн П. Я. ''Стрелка Васильевского острова.'' Л., 1973.


External links


Online description of The Old Stock Exchange and the Rostral Columns
* https://web.archive.org/web/20050927014440/http://www.hermitagemuseum.org/shop/html_En/products/00293_The_Rostral_Column.html {{coord, 59, 56, 36, N, 30, 18, 16, E, region:RU_type:landmark_source:kolossus-ruwiki, display=title Buildings and structures in Saint Petersburg Greek Revival buildings Neoclassical architecture in Russia Commercial buildings completed in 1810 Stock exchange buildings Cultural heritage monuments of federal significance in Saint Petersburg