Knowledge (XXG)

Prime, Ward & King

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In 1826, after Joseph died the firm was again reorganized as Prime, Ward & King with the previous partners and including Edward Prime, Prime's son. In 1832, Prime retired and was replaced as a co-partner in the firm by his son, Edward. In 1839, Ward died and was replaced by his son
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in an effort to assist New York City banks in resuming specie payment, confided a loan of almost 5 million dollars of gold to the firm which was considered a remarkable sign of confidence.
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bonds through the firm, causing other international investors to do the same. The success of the Canal bonds caused the firm to take the lead in financing American expansion out west.
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The firm stunned the financial world when it collapsed in September 1847, which some claim was caused by the younger Ward's "excessive speculation in commodities" and caused the
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and the elders King's son-in-law. In 1846, King and his family left the firm and started James G. King & Son, which he operated until his death in 1853.
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on May 1, 1824, which at the time consisted of Nathaniel Prime, Samuel Ward, Joseph Sands, James G. King and Robert Ray (Prime's son-in-law).
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A Memoir of Lieut.-Colonel Samuel Ward, First Rhode Island Regiment, Army of the American Revolution: With a Genealogy of the Ward Family
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where he bought and sold bank stocks. After opening the private bank, he allowed customers to deposit money and then loaned it out.
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The Manliest Man: Samuel G. Howe and the Contours of Nineteenth-century American Reform
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was a prominent American investment bank in the 18th and 19th Century based in
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The firm was known by various names throughout its existence, including:
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by King and his brother-in-law, Archibald Gracie, Jr. (the son of
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joined the firm which already included Denning Duer, the son of
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became a partner upon his return from England. King, a son of
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The History of Foreign Investment in the United States to 1914
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Nathaniel Prime, Stock and Commission Broker (1796–1808)
584:. Valentine's Manual, Incorporated. 1917. p. 229 244:founded in 1762 and owned by the German-originated 103: 86: 71: 61: 53: 31: 21: 434: 283:Prime, Ward, Sands, King & Company (1825–1826) 174:In 1823, Prime met with and, eventually, invited 258:After the financial crisis of 1836 to 1837, the 548:Baring Brothers and the Birth of Modern Finance 643:Managing the Risks of Organizational Accidents 397: 395: 393: 391: 321: 319: 317: 8: 540: 538: 150:Nathaniel Prime, Stock and Commission Broker 36:Nathaniel Prime, Stock and Commission Broker 16: 509: 507: 505: 362: 360: 329:Gotham: A History of New York City to 1898 15: 645:. Ashgate Publishing Limited. p. 29. 326:Burrows, Edwin G.; Wallace, Mike (1998). 408:. Thomas R. Knox & Company. p.  313: 195:Prime, Ward, Sands, King & Company 163:as a partner and the firm was renamed 48:Prime, Ward, Sands, King & Company 667:Economic history of the United States 7: 292:James G. King & Son (1847–1853) 280:Prime, Ward & Sands (1817–1825) 672:Defunct banks of the United States 581:Valentine's Manual of Old New-York 405:The Old Merchants of New York City 286:Prime, Ward & King (1826–1846) 14: 289:Prime, Ward & Company (1847) 228:Among their biggest clients was 551:. Routledge. pp. 215–216. 520:. Derby & Jackson. p.  1: 277:Prime & Ward (1808–1816) 611:Univ of Massachusetts Press 517:Lives of American Merchants 242:second oldest merchant bank 688: 248:of merchants and bankers. 159:In 1808, Prime brought in 662:Banks established in 1796 545:Austin, Peter E. (2015). 603:Trent, James W. (2012). 443:Harvard University Press 402:Barrett, Walter (1885). 489:New York Public Library 334:Oxford University Press 251:In 1823, Baring bought 169:Prime, Ward & Sands 44:Prime, Ward & Sands 641:Reason, James (1997). 514:Hunt, Freeman (1858). 211:William Alexander Duer 130:Prime, Ward & King 17:Prime, Ward & King 240:that was the world's 207:Archibald Gracie King 478:"SAMUEL WARD PAPERS" 441:. Cambridge, Mass.: 373:. New York. p.  220:of the Ward family. 367:Ward, John (1875). 18: 203:Samuel Cutler Ward 187:Liverpool, England 122:Samuel Cutler Ward 485:archives.nypl.org 127: 126: 679: 647: 646: 638: 632: 631: 629: 627: 600: 594: 593: 591: 589: 576: 570: 569: 567: 565: 542: 533: 532: 530: 528: 511: 500: 499: 497: 495: 482: 474: 468: 467: 465: 463: 440: 427: 421: 420: 418: 416: 399: 386: 385: 383: 381: 364: 355: 354: 352: 350: 323: 191:Archibald Gracie 165:Prime & Ward 82: 80: 40:Prime & Ward 19: 687: 686: 682: 681: 680: 678: 677: 676: 652: 651: 650: 640: 639: 635: 625: 623: 621: 613:. p. 163. 602: 601: 597: 587: 585: 578: 577: 573: 563: 561: 559: 544: 543: 536: 526: 524: 513: 512: 503: 493: 491: 480: 476: 475: 471: 461: 459: 457: 429: 428: 424: 414: 412: 401: 400: 389: 379: 377: 366: 365: 358: 348: 346: 344: 336:. p. 445. 325: 324: 315: 311: 303:Nathaniel Prime 299: 268: 260:Bank of England 230:Baring Brothers 226: 176:James Gore King 161:Samuel Ward III 146:Nathaniel Prime 142: 120: 118:James Gore King 116: 114:Samuel Ward III 112: 110:Nathaniel Prime 106: 99: 78: 76: 66:Nathaniel Prime 46: 42: 38: 12: 11: 5: 685: 683: 675: 674: 669: 664: 654: 653: 649: 648: 633: 620:978-1558499591 619: 595: 571: 557: 534: 501: 469: 455: 422: 387: 356: 342: 312: 310: 307: 306: 305: 298: 295: 294: 293: 290: 287: 284: 281: 278: 275: 267: 264: 225: 222: 141: 138: 125: 124: 107: 104: 101: 100: 95: 88: 84: 83: 73: 69: 68: 63: 59: 58: 55: 51: 50: 33: 29: 28: 23: 13: 10: 9: 6: 4: 3: 2: 684: 673: 670: 668: 665: 663: 660: 659: 657: 644: 637: 634: 622: 616: 612: 608: 607: 599: 596: 583: 582: 575: 572: 560: 558:9781317314714 554: 550: 549: 541: 539: 535: 523: 519: 518: 510: 508: 506: 502: 490: 486: 479: 473: 470: 458: 456:9780674396661 452: 448: 444: 439: 438: 432: 431:Wilkins, Mira 426: 423: 411: 407: 406: 398: 396: 394: 392: 388: 376: 372: 371: 363: 361: 357: 345: 343:9780199741205 339: 335: 331: 330: 322: 320: 318: 314: 308: 304: 301: 300: 296: 291: 288: 285: 282: 279: 276: 273: 272: 271: 265: 263: 261: 256: 254: 249: 247: 246:Baring family 243: 239: 235: 234:merchant bank 231: 223: 221: 219: 214: 212: 208: 204: 198: 196: 192: 188: 184: 181: 177: 172: 170: 166: 162: 157: 155: 151: 147: 139: 137: 135: 134:New York City 131: 123: 119: 115: 111: 108: 102: 98: 97:New York City 93: 89: 85: 74: 70: 67: 64: 60: 56: 52: 49: 45: 41: 37: 34: 30: 27: 24: 20: 642: 636: 624:. 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Retrieved 328: 269: 257: 250: 232:, a British 227: 215: 199: 180:U.S. Senator 173: 158: 143: 129: 128: 87:Headquarters 154:Wall Street 148:organized " 92:Wall Street 32:Predecessor 656:Categories 445:. p.  309:References 253:Erie Canal 218:bankruptcy 183:Rufus King 105:Key people 236:based in 144:In 1796, 26:Financial 626:10 March 588:10 March 564:10 March 527:10 March 494:10 March 462:10 March 433:(1989). 415:10 March 380:10 March 349:10 March 297:See also 266:Timeline 224:Services 152:" at 42 22:Industry 140:History 77: ( 72:Defunct 62:Founder 54:Founded 617:  555:  453:  340:  238:London 481:(PDF) 628:2018 615:ISBN 590:2018 566:2018 553:ISBN 529:2018 496:2018 464:2018 451:ISBN 417:2018 382:2018 351:2018 338:ISBN 79:1847 75:1847 57:1796 522:189 447:657 90:42 658:: 609:. 537:^ 504:^ 487:. 483:. 449:. 410:10 390:^ 359:^ 332:. 316:^ 171:. 136:. 94:, 630:. 592:. 568:. 531:. 498:. 466:. 419:. 384:. 375:1 353:. 81:)

Index

Financial
Nathaniel Prime, Stock and Commission Broker
Prime & Ward
Prime, Ward & Sands
Prime, Ward, Sands, King & Company
Nathaniel Prime
Wall Street
New York City
Nathaniel Prime
Samuel Ward III
James Gore King
Samuel Cutler Ward
New York City
Nathaniel Prime
Nathaniel Prime, Stock and Commission Broker
Wall Street
Samuel Ward III
Prime & Ward
Prime, Ward & Sands
James Gore King
U.S. Senator
Rufus King
Liverpool, England
Archibald Gracie
Prime, Ward, Sands, King & Company
Samuel Cutler Ward
Archibald Gracie King
William Alexander Duer
bankruptcy
Baring Brothers

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