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COLLECTION Identifier: Mss:761 1883-1931 W443

Stephen M. Weld and Company records

Ledgers, journals, blotters, and unbound statements of a firm of cotton brokers in Boston.

Dates

  • 1883-1931

Creator

Conditions Governing Access

Collection is open for research. Materials stored offsite; access requires advance notice. Contact specialcollectionsref@hbs.edu for more information.

Extent

7.5 linear feet (19 volumes, 9 boxes)

The Stephen M. Weld and Company records contains materials related to the administration of a cotton broker's firm. The colelctions includes private ledgers, accounts, blotter, records, and general journals, organized in 66 volumes ranging from 1897 to 1931. Also included are correspondence and memoranda, statements, trial balances, and partnership material, dating 1887 to 1905. Two boxes of photographs document the firm's work in Genova, Italy, Brunswick, Georgia, Jackson, Mississippi, and Houston, Texas from 1883 to 1912.

Biographical / Historical

Stephen Minot Weld, Jr., born January 4, 1842 in Jamaica Plain, Massachusetts, was a member of Boston's illustrious Weld Family, a decorated Civil War soldier, horticulturalist, and industrialist. Shortly after Weld returned from the Civil War, he met with a series of misfortunes including the death of his father, the failure of a felting mill he'd inherited, and destruction of a cotton mill he'd purchased in a flood. To recover from his debt, Weld became a cotton broker, opening S.M. Weld and Company in Boston. The company suffered some setbacks such as when a business partner embezzled $326,000, but ultimate S.M. Weld and Company prospered and made Weld very prosperous. The firm also had offices in Providence and New York and opened branches in India and Japan. Weld would also found the firms of Weld and Neville of New York and Houston, and Weld and Co. of Liverpool, England. Weld died March 16, 1920 in Boca Grande, Florida.

Immediate Source of Acquisition

The Stephen M. Weld and Company records were received by Baker Library Special Collections as a donation from Rudolph Weld in 1938.

Related Materials

Stephen Minot Weld Papers, 1859-1928, located Massachusetts Historical Society: http://www.masshist.org/collection-guides/view/fa0379s

Processing Information

Processed: February 2002 By: Naomi Singer
Link to catalog
Title
Stephen M. Weld and Company. Stephen M. Weld and Company Records, 1883-1931: A Finding Aid
Author
Baker Library
Description rules
dacs
EAD ID
bak00435

Repository Details

Part of the Baker Library Special Collections, Harvard Business School, Harvard University Repository

Baker Library Special Collections holds unique resources that focus on the evolution of business and industry, as well as the records of the Harvard Business School, documenting the institution's development over the last century. These rich and varied collections support research in a diverse range of fields such as business, economic, social and cultural history as well as the history of science and technology.

Contact:
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