Frederick Huth and Co , merchants and bankers

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Frederick Huth and Co , merchants and bankers

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        Frederick Huth first established his own business in Corunna, Spain, in 1805. He came to London in 1809 and set up business as a merchant at 17 Broad Street Buildings. In 1814 he took John Frederick Gruning into partnership and the resulting firm, Huth and Company, moved to 1 South Place, Finsbury. It moved again in 1818 to 9 South Street, Finsbury, where it remained until 1839; then it moved to 10 Moorgate before its final move in 1872 to 12 Tokenhouse Yard. Throughout the 19th century the firm is described in London directories as "merchants"; only from 1904 is the description "bankers" added, although it is clear that the business always included banking. From 1912-24 the firm had a fur warehouse at 64 Park Street, Southwark, and from 1925-36 at 58-60 Cannon Street; it also had a tea warehouse at 37 Fenchurch Street, 1921-1872.

        A South American company was formed in 1854 which traded as Frederick Huth, Gruning and Company at Valparaiso and Lima until 1878 when it became Huth and Company of Valparaiso. Frederick Huth and Company of London received half the profits of this company.

        In 1936 the company was dissolved: the banking business was acquired by British Overseas Bank Limited, and the fur business by C.M. Lampson and Company Limited.

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