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Drexel, Winthrop and Company printed Market Report dated January 5, 1864

Sales of Stocks and Bonds at the N. Y. Stock Exchange.

Reported by Drexel, Winthrop & Co., No. 40 Wall Street, New York

(Their office moved to 18 Wall Street in May of 1868)

The flyer above gives every indication of being printed in haste. The front displays the day's morning session (10:30 a.m. to noon), which was then called the first board, and the back shows the afternoon session (2:30 p.m. to 3 p.m.), or the second board.

Drexel, Winthrop & Co. was a partnership between bankers Anthony Joseph Drexel of Philadelphia and Robert Winthrop. Winthrop left and created his own firm, Robert Winthrop & Company in 1871. At the urging of Junius Spencer Morgan in London, Drexel became the mentor of Junius' troubled son, John Pierpont Morgan of New York, and entered into a new partnership with young Morgan, forming Drexel, Morgan & Co. in 1871. Two years after Drexel's death in 1893, Drexel, Morgan & Co. was renamed J.P. Morgan & Co., one of the original predecessors of what is today JPMorgan Chase.

 

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