Degas presents a glimpse of the busy commerce at the Paris stock exchange. Financier and art collector Ernest May (1845–1925), wearing spectacles, receives a document for perusal, as an associate, identified as Monsieur Bolâtre, leans over his shoulder. The artist made this pastel as a study for an oil painting of 1878–79 (Musée d’Orsay, Paris). At the time, May was in his early thirties, and just beginning to expand his acquisitions from seventeenth- and eighteenth-century pictures to works by Degas, Manet, and their colleagues.
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