Royal Exchange, London

The Royal Exchange .—This is a handsome quadrangular building on the north side of Cornhill, having in the centre an open court with colonnades.  The chief entrance faces an open paved space on the west, on which is placed an equestrian statue of the Duke of Wellington.  The building was erected from plans by Mr. Tite, and was opened in 1844; it occupies the site of the former Exchange, which was accidentally destroyed by fire.  The pediment contains sculptures by Sir R. Westmacott, R.A.  The lower part of the exterior is laid out as shops, which greatly injure the architectural effect; the upper rooms are occupied as public offices, one of which is Lloyd's , or, more properly, Lloyd's Subscription Rooms , where merchants, shipowners, shippers, and underwriters congregate.  A statue of the Queen is in the centre of the quadrangular area.  The busy time on 'Change is from 3 till 4 o'clock, Tuesday and Friday being the principal days.