Jay Cooke & Company Metal Sign
7" x 5" (Horizontal) / 0.12''
$69.99
Sale price
$69.99
Regular price
Skip to product information
GhostCorp Apparel - resurrecting iconic corporate ghosts.
Mark your office, study, or collection with the story of Jay Cooke & Company. Founded in Philadelphia in 1861, the bank became known for selling Union government bonds and coordinating securities sales nationwide through telegraph messages. Its shift from government finance to railroad investment brought it close to the Northern Pacific Railroad, whose difficult bond sales contributed to the firm’s failure in 1873. This metal sign suits collectors interested in the people, institutions, and risks behind American financial history.
Jay Cooke founded Jay Cooke & Company in 1861 with William E. C. Moorhead, with ownership divided two-thirds to Cooke and one-third to Moorhead. Headquartered in Philadelphia, the bank also had branches in New York City and Washington, D.C. During the Civil War, it sold hundreds of millions of dollars in Union government bonds, including the Treasury’s 5–20 bond issue, using agents across the country. Its telegraph-based confirmations helped coordinate securities sales from Philadelphia, earning it a reputation as the first “wire” brokerage house. After the war, the firm continued selling U.S. treasuries, then turned to railroad investment. In 1870, the Northern Pacific Railroad appointed it exclusive bond agent. Difficulty selling those bonds left Cooke’s firm heavily exposed: it came to own 75 percent of the railroad and could not meet obligations tied to expected bond proceeds. Withdrawals followed, operations were suspended, and bankruptcy began soon after the 1873 collapse. The failure helped trigger the Panic of 1873 and a wider chain of bank runs and failures. The supplied article describes no merger or successor company.
Jay Cooke & Company Metal Sign
$69.99
Sale price
$69.99
Regular price
Mark your office, study, or collection with the story of Jay Cooke & Company. Founded in Philadelphia in 1861, the bank became known for selling Union government bonds and coordinating securities sales nationwide through telegraph messages. Its shift from government finance to railroad investment brought it close to the Northern Pacific Railroad, whose difficult bond sales contributed to the firm’s failure in 1873. This metal sign suits collectors interested in the people, institutions, and risks behind American financial history.
Jay Cooke founded Jay Cooke & Company in 1861 with William E. C. Moorhead, with ownership divided two-thirds to Cooke and one-third to Moorhead. Headquartered in Philadelphia, the bank also had branches in New York City and Washington, D.C. During the Civil War, it sold hundreds of millions of dollars in Union government bonds, including the Treasury’s 5–20 bond issue, using agents across the country. Its telegraph-based confirmations helped coordinate securities sales from Philadelphia, earning it a reputation as the first “wire” brokerage house. After the war, the firm continued selling U.S. treasuries, then turned to railroad investment. In 1870, the Northern Pacific Railroad appointed it exclusive bond agent. Difficulty selling those bonds left Cooke’s firm heavily exposed: it came to own 75 percent of the railroad and could not meet obligations tied to expected bond proceeds. Withdrawals followed, operations were suspended, and bankruptcy began soon after the 1873 collapse. The failure helped trigger the Panic of 1873 and a wider chain of bank runs and failures. The supplied article describes no merger or successor company.
| 7" x 5" (Horizontal) | |
| Width, in | 7.00 |
| Height, in | 5.00 |
| Depth, in | 0.12 |
Product features
- 100% white aluminum composite — strong, rigid, and lightweight
- Matte full-color print on one side for crisp, non-reflective finish
- Eleven sizes available; horizontal, vertical, and square orientations
- Includes one mounting block, metal plate, and double-sided tape; customer assembly required
- Indoor use only — durable for interior displays
Care instructions
- Use non-abrasive, non-ammonium based products for cleaning. Dish soap with warm water is only recommended for spot cleaning.
EU representative: HONSON VENTURES LIMITED, gpsr@honsonventures.com, 3, Gnaftis House flat 102, Limassol, Mesa Geitonia, 4003, CY
Product information: Generic brand, 2 year warranty in EU and Northern Ireland as per Directive 1999/44/EC
Care instructions: Use non-abrasive, non-ammonium based products for cleaning. Dish soap with warm water is only recommended for spot cleaning.