What to visit

Nizhny Novgorod Board of Trade

Description History

In Markin Square note the front entrance of the building No.16 (in Nizhnevolzhskaya Embankment). In the past the building used to be the Board of Trade and the place for the major transactions, mainly for the charter of river boats for the transportation of goods. This was a place for the ceremonial of the high-rank merchants, and the representatives of every branch of trade used to sit at a designated table. Only the most successful people, without regard for the nature of their trade and goods, occupied so called "millionaire’s" table.

Initially, the idea of ​​building a proper Board of Trade in that time Sofronovskaya Square (today`s Markin Square) generated the opposition from both the city authorities and its citizens, who feared that a local public garden could be at risk. But Aristarkh Blinov, merchant from Nizhny Novgorod donated his property plot of land at the corner of Sofronivskaya Square and the river embankment for the construction purposes, so that a small public garden was preserved.

 The years of construction are indicated on the building facade facing the Volga (1895-1896).

Almost half of Nizhny Novgorod Board of Trade visitors were steamboat owners, followed by grain wholesale and traders in oil and oil products, then timber merchants. It was the place for the major transactions for the future season of the river and sea navigation. This Nizhny Novgorod Board of Trade used to set prices for transportation by water for practically all regions in that time Central Russia.

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