. Jay Cooke : financier of the Civil War . his brothers, JosephW. Clark and Luther C. Clark, and Mr. Dodge, eachof them having a one-quarter interest, formed a house, known as E. W. Clark and Brothers. Onthe 1st of January, 1844, Jay Cooke became a partnerin that firm, his interest being one-eighth of the half in-terest of E. W. Clark and Edward Dodge. In the au-tumn of 1844, a New Orleans office was opened underthe name of E. W. Clark and Brothers and Farnum, Clark and Brothers of St. Louis and George being the partners. The capital was $50, with this chai


. Jay Cooke : financier of the Civil War . his brothers, JosephW. Clark and Luther C. Clark, and Mr. Dodge, eachof them having a one-quarter interest, formed a house, known as E. W. Clark and Brothers. Onthe 1st of January, 1844, Jay Cooke became a partnerin that firm, his interest being one-eighth of the half in-terest of E. W. Clark and Edward Dodge. In the au-tumn of 1844, a New Orleans office was opened underthe name of E. W. Clark and Brothers and Farnum, Clark and Brothers of St. Louis and George being the partners. The capital was $50, with this chain of houses, was a Bostonbranch, J. W. Clark and Company, in charge of EnochClarks brother Joseph; and in August, 1845, a NewYork office was opened, under the name of E. W. Clark,Dodge and Company, J. W. Clark and Company of Bos-ton having a one-fifth interest, New Orleans one-fifth,St. Louis one-fifth, and E. W. Clark and Company ofPhiladelphia two-fifths. This house was establishedwith a capital of $500,000, which was furnished by each. >o > oo c


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Keywords: ., bookcentury1900, bookdecade1900, booksubjectcapitalistsandfinanc