
The
Royal Exchange, Cornhill
The
Royal Exchange was the commercial heart of old London. the first Royal
Exchange was built in the sixteenth century and opened by Queen Elizabeth
in 1570 and was destroyed during the Great
Fire of London in 1666. A second exchange opened to merchants in
1669; it cost £80,000 to build. As with the first, it was built
about a magnificent
courtyard. This building perished by fire in 1838 and a third opened
in 1844.
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