GB 0074 CLC/B/207-09 - WALLACE BROTHERS AND COMPANY (HOLDINGS) LIMITED: BOMBAY BURMAH TRADING CORPORATION LIMITED

Identity area

Reference code

GB 0074 CLC/B/207-09

Title

WALLACE BROTHERS AND COMPANY (HOLDINGS) LIMITED: BOMBAY BURMAH TRADING CORPORATION LIMITED

Date(s)

  • 1864 - 1977 (Creation)

Level of description

Extent and medium

30 linear metres

Context area

Name of creator

Biographical history

Bombay Burmah Trading Corporation Limited (BBTCL) was founded in 1863. Originally called the Burmah Trading Company Limited, its name was changed shortly after its foundation. The corporation was formed as a public company to take part in the developing teak business by taking over the assets and rights in Burma of William Wallace, the eldest of the six Wallace Brothers. From 1863 until the 1950s, A F Wallace, the senior resident partner of Wallace and Company was its chairman, and Wallace and Company largely directed its affairs. Its head office was in Bombay, but its initial operations were in Burma (Myanmar) and branch offices were opened in Rangoon and Moulmein in the 1860s or 1870s.

It expanded its operations into Siam (Thailand) in 1884, Java in 1905-6, South India in 1913, North Borneo in the late 1940s and East Africa in 1955. Its trading interests (some operated directly, others through subsidiary or associated companies) were in teak (and later other timbers too), and in other commodities including rubber (from ca.1907), tea and coffee (from the 1930s) and tapioca (from 1954). For eighty years was, the BBTCL was the single largest teak company in the industry, marketing over a third of the world's teak supplies. The fortunes of the company rested heavily on teak trade from Burmese and Siamese forests. The corporation was a dealt a blow in 1942 when the Japanese invaded Burma and Siam, bringing teak production to a halt.The timber trade declined in the mid 20th century and later the company's main business was in manufacturing and Indian tea plantations, established since 1913.

A major part of Wallace Brothers' business was to act as the London agents of the BBTCL, developing markets in the United Kingdon and continental Europe for shipments of timber and providing finance to bring the cargoes from the Far East.

Wallace Brothers also purchased machinery and equipment in London on Bombay Burmah's behalf. In practice, however, since the Wallace family were the senior partners in Wallace and Company of Bombay, who in turn were managers of Bombay Burmah, Wallace Brothers were more than Bombay Burmah's London agents. Until the 1950s, Wallace Brothers had the power to exercise control over Bombay Burmah's policy and operations. In the late 19th century Bombay Burmah's dividends and staff pay were decided in London, and until ca. 1960 its senior (European) staff were selected and appointed there.

Bombay Burmah had the following subsidiaries and associated companies:

Amalgamated Saw Mills Limited

Anamallais Ropeway Company Limited

Bombay Burmah Plantations Limited

East India Rubber Corporation Limited

Joint Timber Company Limited, Thailand

North Borneo Timbers Limited

Rangoon Mining Company

Sumatra Petroleum Company

Thai Tapioca Limited

Archival history

GB 0074 CLC/B/207-09 1864 - 1977 sub fonds 30 linear metres Bombay Burma Trading Corporation Limited
xx Burmah Trading Company Limited

Bombay Burmah Trading Corporation Limited (BBTCL) was founded in 1863. Originally called the Burmah Trading Company Limited, its name was changed shortly after its foundation. The corporation was formed as a public company to take part in the developing teak business by taking over the assets and rights in Burma of William Wallace, the eldest of the six Wallace Brothers. From 1863 until the 1950s, A F Wallace, the senior resident partner of Wallace and Company was its chairman, and Wallace and Company largely directed its affairs. Its head office was in Bombay, but its initial operations were in Burma (Myanmar) and branch offices were opened in Rangoon and Moulmein in the 1860s or 1870s.

It expanded its operations into Siam (Thailand) in 1884, Java in 1905-6, South India in 1913, North Borneo in the late 1940s and East Africa in 1955. Its trading interests (some operated directly, others through subsidiary or associated companies) were in teak (and later other timbers too), and in other commodities including rubber (from ca.1907), tea and coffee (from the 1930s) and tapioca (from 1954). For eighty years was, the BBTCL was the single largest teak company in the industry, marketing over a third of the world's teak supplies. The fortunes of the company rested heavily on teak trade from Burmese and Siamese forests. The corporation was a dealt a blow in 1942 when the Japanese invaded Burma and Siam, bringing teak production to a halt.The timber trade declined in the mid 20th century and later the company's main business was in manufacturing and Indian tea plantations, established since 1913.

A major part of Wallace Brothers' business was to act as the London agents of the BBTCL, developing markets in the United Kingdon and continental Europe for shipments of timber and providing finance to bring the cargoes from the Far East.

Wallace Brothers also purchased machinery and equipment in London on Bombay Burmah's behalf. In practice, however, since the Wallace family were the senior partners in Wallace and Company of Bombay, who in turn were managers of Bombay Burmah, Wallace Brothers were more than Bombay Burmah's London agents. Until the 1950s, Wallace Brothers had the power to exercise control over Bombay Burmah's policy and operations. In the late 19th century Bombay Burmah's dividends and staff pay were decided in London, and until ca. 1960 its senior (European) staff were selected and appointed there.

Bombay Burmah had the following subsidiaries and associated companies:

Amalgamated Saw Mills Limited

Anamallais Ropeway Company Limited

Bombay Burmah Plantations Limited

East India Rubber Corporation Limited

Joint Timber Company Limited, Thailand

North Borneo Timbers Limited

Rangoon Mining Company

Sumatra Petroleum Company

Thai Tapioca Limited

These archives were deposited as part of the archives of Wallace Brothers; deposited in Guildhall Library in 1974-6. The deposits were converted to a gift in 1988. Between 1988 and 1991 additional gifts of material were made to the Library. All were previously stored at the London office of Wallace Brothers, and all but a few of the papers were either created there or received there in the course of business. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.

Records of Wallace Brothers concerning Bombay Burmah Trading Corporation Limited, including memorandum and articles of association; board minutes; annual reports and accounts; agreements; papers relating to shareholders; correspondence; financial records; and papers relating to branches in Rangoon, Moulmein, Bangkok and Borneo.

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

Break down of references:
Timber production in more than one country (CLC/B/207/MS40278 - CLC/B/207/MS40320)
Burma (CLC/B/207/MS40321 - CLC/B/207/MS40365)
Salween timber (CLC/B/207/MS40366 - CLC/B/207/MS40372)
Siam/Thailand timber (CLC/B/207/MS40373 -CLC/B/207/MS040407)
North Borneo (now Malaysia) (CLC/B/207/MS40408 - CLC/B/207/MS40438)
Timber Andaman Islands (CLC/B/207/MS40439 - 40443)
Singapore (Malaya) Timber (CLC/B/207/MS40444 - MS40445)
shipping (CLC/B/207/MS40446 - MS40455)
exports (CLC/B/207/MS40456 - MS40468)
ship/boat building in Burma dockyard (CLC/B/207/MS40469 - MS40472)
elephants (CLC/B/207/MS40473 - MS40481)
sawmills (CLC/B/207/MS40482 - MS40490)
plywood )CLC/B/207/MS40491 - MS40493)
furniture (CLC/B/207/MS40494 - CLC/B/207/MS40497)
opposition firms (CLC/B/207/MS40498 - MS40510)
Burma Oil, concrete and asbestos cement (CLC/B/207/MS40511 -MS40515)
tea and coffee estates (CLC/B/207/MS40516 - MS40602)
staff (CLC/B/207/MS40603 - MS40630)
premises (CLC/B/207/MS40631 - MS40637)
photographs (CLC/B/207/MS40638 - MS40641)
history (CLC/B/207/MS40642 - MS40649, MS40913 - MS40915)
subsidiaries (CLC/B/207/MS40651 - MS40742)

These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.

48 hours notice required for access

PLEASE NOTE: Permission to access records less than 45 years old should be sought from the depositor.

Copyright held by the depositor.
English

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
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. Added January 2014 Coffee trade Trade International trade Food trade Tea trade Manufacturing industry Rubber industry and trade Timber merchants Merchants Trading companies Companies Bombay Burma Trading Corporation Limited Rangoon Myanmar South East Asia Thailand Mumbai Salsette Island Java Indonesia Mercantile personnel Industry Enterprises Trade (practice) Maharashtra Personnel India People by occupation South Asia People

Immediate source of acquisition or transfer

These archives were deposited as part of the archives of Wallace Brothers; deposited in Guildhall Library in 1974-6. The deposits were converted to a gift in 1988. Between 1988 and 1991 additional gifts of material were made to the Library. All were previously stored at the London office of Wallace Brothers, and all but a few of the papers were either created there or received there in the course of business. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.

Content and structure area

Scope and content

Records of Wallace Brothers concerning Bombay Burmah Trading Corporation Limited, including memorandum and articles of association; board minutes; annual reports and accounts; agreements; papers relating to shareholders; correspondence; financial records; and papers relating to branches in Rangoon, Moulmein, Bangkok and Borneo.

Appraisal, destruction and scheduling

Accruals

System of arrangement

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

Break down of references:
Timber production in more than one country (CLC/B/207/MS40278 - CLC/B/207/MS40320)
Burma (CLC/B/207/MS40321 - CLC/B/207/MS40365)
Salween timber (CLC/B/207/MS40366 - CLC/B/207/MS40372)
Siam/Thailand timber (CLC/B/207/MS40373 -CLC/B/207/MS040407)
North Borneo (now Malaysia) (CLC/B/207/MS40408 - CLC/B/207/MS40438)
Timber Andaman Islands (CLC/B/207/MS40439 - 40443)
Singapore (Malaya) Timber (CLC/B/207/MS40444 - MS40445)
shipping (CLC/B/207/MS40446 - MS40455)
exports (CLC/B/207/MS40456 - MS40468)
ship/boat building in Burma dockyard (CLC/B/207/MS40469 - MS40472)
elephants (CLC/B/207/MS40473 - MS40481)
sawmills (CLC/B/207/MS40482 - MS40490)
plywood )CLC/B/207/MS40491 - MS40493)
furniture (CLC/B/207/MS40494 - CLC/B/207/MS40497)
opposition firms (CLC/B/207/MS40498 - MS40510)
Burma Oil, concrete and asbestos cement (CLC/B/207/MS40511 -MS40515)
tea and coffee estates (CLC/B/207/MS40516 - MS40602)
staff (CLC/B/207/MS40603 - MS40630)
premises (CLC/B/207/MS40631 - MS40637)
photographs (CLC/B/207/MS40638 - MS40641)
history (CLC/B/207/MS40642 - MS40649, MS40913 - MS40915)
subsidiaries (CLC/B/207/MS40651 - MS40742)

Conditions of access and use area

Conditions governing access

These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.

48 hours notice required for access

PLEASE NOTE: Permission to access records less than 45 years old should be sought from the depositor.

Conditions governing reproduction

Copyright held by 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