Model, Ceres for the Chicago Board of Trade Building, circa 1930. Plaster; electroplating. Made by John Storrs (1885-1956), Chicago, Illinois. Gift of Edwin Cole in memory of John W. Root and John Storrs. 1991.202
Model of Ceres, made of electroplated plaster on a marble base. Full length figure draped in antique dress. Holding a bag of grain in her right hand and a sheaf of wheat in the left. Featureless face with laurel crown on head.
This is a scaled model of the sculpture of Ceres. The real sculpture sits on top of the current Chicago Board of Trade building. The model was presented to Edwin Cole by John W. Root, architect of the building, in 1930.
This model is based on the larger statue that adorns the top of the Chicago Board of Trade building. As a reminder of the Chicago Board of Trade's origins, the statue depicts Ceres, the Greek goddess of grain.
This plaster model is based on the much larger statue that sits atop the Chicago Board of Trade (CBOT) building, constructed in 1930. Founded in 1848, CBOT originally dealt in farm commodities, primarily Midwest grain. It introduced the revolutionary concept of futures trading during the Civil War. Widely used today, the process obligates the seller to deliver specific goods at stipulated prices sometime in the future. While this practice involved risk, it helped control wild fluctuations in the marketplace and helped foster trade.