NOT SOLD (BIDDING OVER)
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This item WAS NOT SOLD. Auction date was 2010 Aug 16 @ 11:00UTC-4 : AST/EDT
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SCARCE AUTOGRAPH OF LEGENDARY BANKER JUNIUS SPENCER MORGAN JUNIUS SPENCER MORGAN (1813 - 1890). International banker and father of J.P. Morgan. Letter Signed, “J.S. Morgan,”on his 22 Broad Street, London letterhead. London. October11, 1881. To “The Merchants National Bank, Burlington Vt.”The letter reads: “Gentlemen, We wrote you 8th inst., as per accompanying duplicate, and beg to advise that we have today sent Messr. Drexel Morgan & Co. for your account Certificate of Inspection & analysis for the 147 street Blooms[?] & “Italy”referred to in our letter of 6th inst. We are, Gentlemen, Yours truly, J.S. Morgan.”Already a wealthy man from his interests in various dry-goods ventures, Morgan became a partner in the London-based international banking firm of George Peabody and Company in 1854. In 1864, Morgan became head of the Peabody firm which, soon changed its name to J.S. Morgan & Co. The firm was one of the major financial links between the U.S. and England during much of the last half of the 19th century. Excellent.
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