Collection GB 0074 CLC/B/227-123 - LONDON COAL EXCHANGE

Identity area

Reference code

GB 0074 CLC/B/227-123

Title

LONDON COAL EXCHANGE

Date(s)

  • 1764-1790 (Creation)

Level of description

Collection

Extent and medium

One production unit.

Context area

Name of creator

Biographical history

The Corporation of London had exercised the right to charge duties on coal entering the City since medieval times. Coal duties were charged to raise money for particular projects, such as the rebuilding of the City after the Great Fire in 1666. A new Coal Exchange and Market was constructed on Lower Thames Street, close to Billingsgate Market. The building was opened by Prince Albert in 1849. A Roman hypocaust was found during construction and preserved in the basement of the building. The market was designed by James Bunning, City Architect, in the form of a rotunda, with interior galleries and an iron framework. The decoration of the market was well-known, including murals showing some of the flowers and fossils found in coal formations.

The building included offices for coal factors and others connected with the trade including the Corporation of London officers, who entered all ships bringing coal into the port of London, and collected the City dues on all coal brought within certain limits. The money collected by this tax was usually employed for metropolitan improvements. The Exchange was the property of the Corporation of London, and an open market was held there three days a week, on Mondays, Wednesdays, and Fridays.

Archival history

GB 0074 CLC/B/227-123 1764-1790 Collection One production unit. The Coal Exchange and Market , Corporation of London

The Corporation of London had exercised the right to charge duties on coal entering the City since medieval times. Coal duties were charged to raise money for particular projects, such as the rebuilding of the City after the Great Fire in 1666. A new Coal Exchange and Market was constructed on Lower Thames Street, close to Billingsgate Market. The building was opened by Prince Albert in 1849. A Roman hypocaust was found during construction and preserved in the basement of the building. The market was designed by James Bunning, City Architect, in the form of a rotunda, with interior galleries and an iron framework. The decoration of the market was well-known, including murals showing some of the flowers and fossils found in coal formations.

The building included offices for coal factors and others connected with the trade including the Corporation of London officers, who entered all ships bringing coal into the port of London, and collected the City dues on all coal brought within certain limits. The money collected by this tax was usually employed for metropolitan improvements. The Exchange was the property of the Corporation of London, and an open market was held there three days a week, on Mondays, Wednesdays, and Fridays.

This volume was discovered in 1981 at Lloyds Bank, High Street, Old Portsmouth, Hampshire.

Account book of the clerk of the Coal Exchange. The book includes receipts include money for shares, with names of subscribers; market dues paid by non-proprietors; interest on capital; rents of parts of the premises; and rents of offices in the Exchange, with names of tenants.

Payments include the purchase of the site; building and maintenance work; wages and salaries; cleaning, lighting, watching, and winding the clock; rates, taxes and insurance; half-yearly dinners; newspapers; dividends, with recipients' names.

From 1781 there are receipts and payments towards a 'New Room', funded by subscription.

One volume.

Available for general access.

Copyright to this collection rests with the City of London.

English

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

For records relating to the Coal Exchange see CLA/073. For the Coal Factors Society see CLC/B/051 and for the Coal Meters Committee see CLC/B/052.

For an account of the Coal Exchange see Raymond Smith, Sea Coal for London (1961), pp 79-91.

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.

January to May 2011. Finance Investment Financial markets Commodity exchanges Exchanges Business records London Coal Exchange Extractive industry Information sources Documents Financial records Industry Coal industry The Coal Exchange and Market , Corporation of London London England UK Western Europe Europe

Immediate source of acquisition or transfer

This volume was discovered in 1981 at Lloyds Bank, High Street, Old Portsmouth, Hampshire.

Content and structure area

Scope and content

Account book of the clerk of the Coal Exchange. The book includes receipts include money for shares, with names of subscribers; market dues paid by non-proprietors; interest on capital; rents of parts of the premises; and rents of offices in the Exchange, with names of tenants.

Payments include the purchase of the site; building and maintenance work; wages and salaries; cleaning, lighting, watching, and winding the clock; rates, taxes and insurance; half-yearly dinners; newspapers; dividends, with recipients' names.

From 1781 there are receipts and payments towards a 'New Room', funded by subscription.

Appraisal, destruction and scheduling

Accruals

System of arrangement

One volume.

Conditions of access and use area

Conditions governing access

Available for general access.

Conditions governing reproduction

Copyright to this collection rests with the City of London.

Language of material

  • English

Script of material

  • Latin

Language and script notes

English

Physical characteristics and technical requirements

For records relating to the Coal Exchange see CLA/073. For the Coal Factors Society see CLC/B/051 and for the Coal Meters Committee see CLC/B/052.

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