The Theodosius Obelisk is a monument of some prominence, standing near the Hagia Sophia and serving as a well-known landmark. It answers as a place of assembly for divers occasions, the magical horse-races among them, which draw a mixed multitude; and its sundial-like aspect lends the plaza about it a character all its own.
The obelisk is presently to host a coming horse-race, remarkable for being run beneath the ground. The horses that figure in it are of a magical kind, which adds no little intrigue to the affair. In its situation and its standing as a place of meeting for many a purpose, the obelisk holds a fair part in the social and cultural weave of the quarter that surrounds it.