Heseltine, Powell and Co , stockbrokers

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Heseltine, Powell and Co , stockbrokers

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        Charles W. Marten and Edward Heseltine began trading together as stock and share brokers under the name Marten and Heseltine in 1848 at 9 Finch Lane, Cornhill.

        In 1852 Thomas W Powell joined the business and its name was listed in the London Directories from that year as Marten and Powell (1852 only) and Heseltine, Powell (1852-1866). In 1867 its style changed to Heseltine, Powell and Company and remained as such for the next 110 years.

        In 1977 the name of the business changed to Heseltine, Moss and Company and in 1987 they became members of Brown Shipley Stockbroking Limited.

        Edward Heseltine and Thomas Powell were particularly interested in the shares and bonds of the developing American railroads and, in letters to the Stock Exchange in 1908, the company claimed that it was their encouragement of investors which had stimulated interest in the American market and helped to create the arbitrage business.

        The firm remained at Finch Lane until 1856, but thereafter made several moves, to Spread Eagle Court, 3 Threadneedle Street (1856-60)); 2 Royal Exchange Buildings (1861-6); 6A Austin Friars (1867-78); 1 Drapers Gardens, Throgmorton Street (1879-1962); 3/4Trump Street (1963-86); and 10 Foster Lane (1987- ).

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