Collection GB 0074 CLC/B/115 - HESELTINE POWELL AND COMPANY

Identity area

Reference code

GB 0074 CLC/B/115

Title

HESELTINE POWELL AND COMPANY

Date(s)

  • [1830-1965] (Creation)

Level of description

Collection

Extent and medium

72 production units.

Context area

Name of creator

Biographical history

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- ).

Archival history

GB 0074 CLC/B/115 [1830-1965] Collection 72 production units. Heseltine, Powell and Co , stockbrokers

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- ).

The records were deposited in Guildhall Library in 1969, 1986 and 1987 and converted to a gift in January 1988. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.

Records of Heseltine, Powell and Company, stockbrokers, including a register of clients, clients stock ledgers, correspondence, diaries and financial material. Some of the records relate to the mining industry, and to the funding and development of railroads in America. There are also papers regarding the loss of stock certificates on the S.S. Titanic.

Records arranged by MS number, assigned during cataloguing at the Guildhall Library Manuscripts Section.

Access by appointment only. Please contact staff.

Copyright to this collection rests with the depositor.

English

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

For further background information see P. G. Warren, One Hundred Years of Stockbroking - Heseltine, Powell & Co. 1851-1951 available in the Printed Books Section of Guildhall Library.

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.

November 2010 to January 2011. Share dealing Transport Railway transport Railway companies Information sources Documents Business records Industry Construction industry Railway construction People People by occupation Stockbrokers Disasters (events) Titanic disaster (1912) Financial markets Investment Finance Mining Heseltine , Powell and Co , stockbrokers USA North America City of London London England UK Western Europe Europe Transport companies Companies Enterprises

Immediate source of acquisition or transfer

The records were deposited in Guildhall Library in 1969, 1986 and 1987 and converted to a gift in January 1988. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.

Content and structure area

Scope and content

Records of Heseltine, Powell and Company, stockbrokers, including a register of clients, clients stock ledgers, correspondence, diaries and financial material. Some of the records relate to the mining industry, and to the funding and development of railroads in America. There are also papers regarding the loss of stock certificates on the S.S. Titanic.

Appraisal, destruction and scheduling

Accruals

System of arrangement

Records arranged by MS number, assigned during cataloguing at the Guildhall Library Manuscripts Section.

Conditions of access and use area

Conditions governing access

Access by appointment only. Please contact staff.

Conditions governing reproduction

Copyright to this collection rests with the depositor.

Language of material

  • English

Script of material

  • Latin

Language and script notes

English

Physical characteristics and technical requirements

Finding aids

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Allied materials area

Existence and location of originals

Existence and location of copies

Related units of description

Related descriptions

Notes area

Alternative identifier(s)

Access points

Place access points

Name access points

Genre access points

Description control area

Description identifier

Institution identifier

London Metropolitan Archives

Rules and/or conventions used

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.

Status

Level of detail

Dates of creation revision deletion

Language(s)

  • English

Script(s)

    Sources

    Accession area