Jay Cooke and Company

  • American

Jay Cooke and Company was a United States banking firm that was active from 1861 to 1873. Jay Cooke and Company were notable as the chief financier of the Union military during the Civil War, as a key federal agent in the United States government funding of railroad construction and for being the first brokerage house to use the telegraph to confirm their client's transactions. - AsNotedIn

Notable Position Person From To
Founder Jay Cooke 1861

Timeline

Y/M/D Description Association Composition Place Locale Food Event
Y/M/D Description Association Composition Place Locale Food Event
1873/09/18 Cooke and Company suspend operations after depositors withdraw too much cash Panic of 1873
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