Los Angeles Stock Exchange Building, Financial landmark in Spring Street Historic District, Los Angeles, United States.
The Los Angeles Stock Exchange Building at 618 Spring Street is a Moderne-style structure with a 53-foot granite façade and what were described as the area's largest bronze doors, behind which rises a twelve-floor office tower. Three bas-reliefs by Salvatore Cartaino Scarpitta, titled Research and Discovery, Production and Finance, decorate the façade with figures of steelworkers, research chemists and financiers, along with a bear and a bull.
The Los Angeles Stock Exchange Building opened in 1931 as the headquarters of the Los Angeles Stock Exchange. In 1956 the exchange merged into the Pacific Coast Stock Exchange, incorporated as the Pacific Stock Exchange in 1973, and it was the largest regional exchange west of the Mississippi. The exchange moved out in 1986; the building was sold in 1988 for $2 million and later housed nightclubs.
Bronze reliefs on the facade show scenes of finance, research, and production, made by sculptor Salvatore Cartaino Scarpitta. They are easy to see from the sidewalk and require no entry to appreciate.
The building now operates as ExchangeLA, an event venue that was renovated around 2010. The exterior, including the bronze reliefs and entrance doors, can be seen from the street at any time without entering.
The entrance doors are among the largest bronze doors ever cast in the region during that era, and their sheer size is noticeable even to a passing visitor. They remain in place today, still framing the main entrance of the building.
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