“Step into the hushed, intense world of the 19th-century Paris Stock Exchange. This pastel captures a candid, almost cinematic moment of financial negotiation, revealing the human drama within a bustling institution.”
In this dynamic pastel on paper, a hushed corner of the Paris Stock Exchange (the Bourse) comes alive. The central figure, banker Ernest May, stands out in his top hat and pince-nez, intently listening to a colleague who leans in conspiratorially. The scene captures a fleeting moment, with sketchy, quickly applied strokes that align it with the Impressionist movement. A third, partially obscured figure holds aloft a document, hinting at the brisk, complex world of finance. The detached, observational viewpoint is typical of the period, inviting us to witness this private negotiation within a bustling public space. The work was already in May’s collection when it appeared in the fourth Impressionist exhibition in 1879, suggesting a close relationship between the artist and his subject.
- Artist
- Edgar Degas
- Date
- 1879
- Medium
- Pastel on paper
- Location
- Musée d'Orsay
What to Notice
Five details hide in plain sight. Here’s where to look.

The central figure, Ernest May, with his top hat and pince-nez.
The quick, sketchy pastel strokes, especially in the background figures.
The partially obscured hand holding a document aloft.
The subtle psychological tension between the three men.
1 more detail is waiting.
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Edgar Degas
1834–1917 · FranceCaptured ballet dancers and modern Parisian life in pastels with an eye as precise as a photographer's lens.
Further Works by Degas
Young Spartan Girls Challenging Boys
1860 · Art Institute of Chicago
A Woman Seated beside a Vase of Flowers (Madame Paul Valpinçon?)
1865 · The Metropolitan Museum of Art
The Rehearsal Onstage
1871 · The Metropolitan Museum of Art
The Dance Class
1873 · National Gallery of Art
Henri Degas and His Niece Lucie Degas (The Artist's Uncle and Cousin)
1875 · Art Institute of Chicago
Yellow Dancers (In the Wings)
1875 · Art Institute of Chicago
Portrait after a Costume Ball (Portrait of Madame Dietz-Monnin)
1877 · Art Institute of Chicago
Café Singer
1879 · Art Institute of Chicago
More from Impressionism
More works to explore
Beyond Degas and Impressionism: works from the same years.
Same era · 1860s–1890s
Cart with Red and White Ox
Vincent van Gogh · 1884 · Kröller-Müller Museum
Same era · 1860s–1890s
Paris Street; Rainy Day
Kawabata Gyokushō · 1877 · Art Institute of Chicago
Same era · 1860s–1890s
Chariot Race
Léon-Victor Dupré · 1876 · Art Institute of Chicago
Same era · 1860s–1890s
A Sunday on La Grande Jatte — 1884
Okada Saburosuke · 1884 · Art Institute of Chicago
Same era · 1860s–1890s
Near the Lake
Pierre-Auguste Renoir · 1879 · Art Institute of Chicago
Same era · 1860s–1890s
On a Balcony
Mary Cassatt · 1879 · Art Institute of Chicago
Same era · 1860s–1890s
Rabbit Warren at Pontoise, Snow
Camille Pissarro · 1879 · Art Institute of Chicago
Same era · 1860s–1890s
Apples and Grapes
Claude Monet · 1880 · Art Institute of Chicago
Same era · 1860s–1890s
Still Life: Wood Tankard and Metal Pitcher
Paul Gauguin · 1880 · Art Institute of Chicago
Same era · 1860s–1890s
Woman Reading
Édouard Manet · 1878 · Art Institute of Chicago
Same era · 1860s–1890s
Beata Beatrix
Dante Gabriel Rossetti · 1877 · Birmingham Museums Trust
Same era · 1860s–1890s
Potted Plant
Edvard Munch · 1881 · Munch Museum




