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Topic: Jay Cooke


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  Jay Cooke - LoveToKnow 1911   (Site not responding. Last check: 2007-09-17)
JAY COOKE (1821-1905), American financier, was born at Sandusky, Ohio, on the 10th of August 1821, the son of Eleutheros Cooke (1787-1864), a pioneer Ohio lawyer, and Whig member of Congress from that state in 1831-1833.
Being destined for a commercial career, Jay Cooke received a preliminary training in a trading house in St Louis, and in the booking office of a transportation company in Philadelphia, and at the age of eighteen entered the Philadelphia house of E.W. Clark and Company, one of the largest private banking firms in the country.
Cooke secured the influence of the American press, appointed 2500 sub-agents, and before the machinery he set in motion could be stopped he had sold $11,000,000 more of bonds than had been authorized, an excess which Congress immediately sanctioned.
www.1911encyclopedia.org /Jay_Cooke   (579 words)

  
 Jay Cooke
Jay Cooke (August 10, 1821-February 18, 1905), American financier, was born at Sandusky, Ohio, the son of Eleutheros Cooke (1787-1864), a pioneer Ohio lawyer, and Whig member of Congress from that state in 1831-1833.
Seemingly destined for a commercial career, Jay Cooke received a preliminary training in a trading house in St.
After the war, Cooke became interested in the development of the northwest, and in 1870 his firm financed the construction of the Northern Pacific[?] railway.
www.ebroadcast.com.au /lookup/encyclopedia/ja/Jay_Cooke.html   (460 words)

  
 Jay Cooke   (Site not responding. Last check: 2007-09-17)
Cooke; but his country was engaged in a deadly strife for the preservation of its liberties; it needed money in vast sums to conduct this gigantic struggle successfully, and if it did not have it promptly, the great sacrifices made already, would prove in vain.
Cooke had entered upon this work, and he allowed the economical secretary, whose ability, integrity, and patriotism he never questioned, to settle the matter as he believed to be most for the interest of the nation.
Cooke had rendered him most essential aid, was as yet an experiment, and for the want of some additional pro-visions, subsequently made by Congress, the State banks and many of the large public and private bankers of the great cities were fighting the national banks with great ferocity.
www.all-biographies.com /business/jay_cooke.htm   (3933 words)

  
 Jay Cooke Biography | Encyclopedia of World Biography
Born at Sandusky, Ohio, on Aug. 12, 1821, Jay Cooke was the son of a frontier lawyer and politician.
In 1861 Cooke set up his own banking house, a partnership, Jay Cooke and Company, engaging in the characteristic activities of private or merchant bankers: dealing in gold; buying and selling the notes of state banks; trading in foreign exchange; and acting as "note" broker, that is, the discounting of commercial paper.
Cooke's banks and his associated houses were caught in illiquid form--they could not meet the demands of their depositors--with the result that on Sept. 18, 1873, the New York office of Jay Cooke and Company shut its doors, as did the banks with which it was associated.
www.bookrags.com /biography/jay-cooke   (737 words)

  
 Discovery and Invention in Yellowstone: 1871-1873
Cooke was the head of a Philadelphia banking house that had provided most of the funding for the Union effort in the Civil War, and he was known for having a flair for generating publicity about any project or investment that interested him.
Cooke was excited by the results of the 1870 Washburn survey, and in 1871, he made the first important connection in the publicity machine he created to stimulate interest in Yellowstone for the benefit of the railroad.
Jay Cooke and Northern Pacific refined the process of park protection and travel publicity only haphazardly undertaken by Union Pacific and Central American Steamship, and their discovery set new standards for future railroad discoveries and park promotions during the late Nineteenth and early Twentieth centuries.
xroads.virginia.edu /~MA96/RAILROAD/ystone.html   (2146 words)

  
 Jay Cooke, Cooke City Mt, montana, is named after him
Jay Cooke (1821-1905) grew up on the Ohio frontier and came to Philadelphia in the late 1830s to work as a clerk for E.W. Clark and Co. During the Panic of 1857, E.W. Clark and Co. failed, forcing Cooke to seek other employment.
Henry Cooke proved himself an able lobbyist and public relations person for Jay Cooke and Co., and the firm continued its close association with the government throughout the war.
Later in life, Jay Cooke was able to recover much of the estate that he had lost to creditors during the bankruptcy, and a substantial income.
www.colorado-west.com /cooke/jaycooke.html   (592 words)

  
 The Rutherford B. Hayes Presidential Center   (Site not responding. Last check: 2007-09-17)
Jay Cooke, the son of Ohio Congressman Eleutheros Cooke, was born in Sandusky, Ohio, in 1821.
Jay Cooke's brother Pitt of Sandusky, Ohio, oversaw the construction of Cooke Castle on Gibraltar Island in 1864.
Jay Cooke's daughter Sarah Cooke Butler, her husband John Butler, Sr., and their children John Jr., Elizabeth, Laurance, Clarissa, and Allen posed by the porch of Cooke Castle upon their arrival in August 1890.
www.rbhayes.org /papertrail/cooke.html   (686 words)

  
 Jay Cooke
Cooke was thrust into this controversial position because the nation was spending $1 million a day in the summer of 1861, and increased to $1.25 million during the last quarter of the year[3].
Cooke sold about one-fourth of all the notes that were sold by agents outside the sub-treasuries (the sub-treasuries were officers of the Treasury in various cities that also sold Treasury Notes)[33].
Cooke was bound to pay one-eighth to subscription sub-agents, another eighth to traveling agents and for advertising, and other expenses of making the loan as widely and favorably known as possible.
userwww.sfsu.edu /~gmalacho/jaycooke.htm   (6217 words)

  
 Jay Cooke
Jay Cooke was born on August 10, 1821, in Bloomingville, Ohio.
Cooke quickly repaid the loan, because the company prospered as it acquired money for the federal government to help finance the Northern war effort during the American Civil War.
As a result of his contributions, Cooke became known as the "financier of the Civil War." While the nation emerged from the war in severe debt, United States currency was stable, and American citizens and residents of foreign countries all viewed United States bonds as fiscally responsible investments.
www.ohiohistorycentral.org /entry.php?rec=81   (483 words)

  
 Educate Yourself - Jay Cooke - Part 1
Jay's father would serve both in the Ohio legislature as well as a term in the U.S. House of Representatives.
Cooke, you should know that he had amassed a nice nest egg as a result of his tenure at Clark and Co. Coupled with his conservative nature, he didn't need to rush into his next venture.
While the firm was small, Cooke was worth a relatively puny $150,000 when he commenced operations, what he lacked in capital he made up for in his experience with marketing large issues of securities.
www2.buyandhold.com /bh/en/education/history/2000/jay_cooke1.html   (1050 words)

  
 Jay Cooke State Park, a Minnesota State Park near Cloquet, Duluth, Hermantown, Superior
The geological makeup of Jay Cooke State Park is one of slate, graywacke and red clay.
When the 13 colonies were developing on the eastern seaboard, French fur trade was thriving in the Jay Cooke area because of the St. Louis River trade route.
Jay Cooke State Park was established in 1915 when the St. Louis River Power Company donated 2,350 acres of land.
www.stateparks.com /jay_cooke.html   (485 words)

  
 Rustic Style Resources in Minnesota State Parks
Jay Cooke State Park CCC/WPA/Rustic Style Historic Resources are significant for their association with the development of the Minnesota state park system.
Jay Cooke State Park buildings and structures are architecturally significant as outstanding examples of Rustic Style construction featuring a dark local basalt rock that blends with the rocky gorge of the adjacent St. Louis River.
Jay Cooke State Park was established in 1915 when the St. Louis Power Company donated 2,350 acres of land for that purpose.
www.mnhs.org /places/nationalregister/stateparks/JayCooke.html   (457 words)

  
 Jay Cooke Collection at the Rutherford B. Hayes Presidential Center   (Site not responding. Last check: 2007-09-17)
Cooke's younger brother, Henry, editor of The Ohio State Journal in Columbus, Ohio, was well-acquainted with Salmon P. Chase, the Ohio senator and governor who became Lincoln's first Secretary of the Treasury.
Cooke devised a system in which U.S. bonds could be redeemed at six percent interest in gold in not less than five years or more than twenty.
Eventually, Jay's son, the Reverend Henry E. Cooke, acted as the family historian, and began adding poetry, sketches, humorous anecdotes, and several thousand photographs of three generations of the Cooke family.
www.rbhayes.org /mssfind/ga_coll/cooke_jay.htm   (1711 words)

  
 Cooke Castle/Gibraltar Island - The Ohio State University
With political changes occurring in Washington due to the onset of the Civil War, Jay Cooke was fully aware of the potential business opportunities awaiting his newly formed banking company.
Fishing was the pastime of choice for Cooke, especially Black Bass fishing, where his apparent natural talent, brought many meals to the dinner table.
Cooke was generous and cordial to others, and did not outwardly boast of his successes, noteworthy for a man of his wealth.
www.osu.edu /cookecastle/text/cookebio.html   (510 words)

  
 Jay Cooke - Search Results - MSN Encarta   (Site not responding. Last check: 2007-09-17)
Cooke, Jay (1821-1905), American financier, whose firm raised more than $1 billion in loans for the federal government during the American Civil War.
Cooke, Terence James (1921-1983), American Roman Catholic cardinal.
Cooke, Sam (1931–1964), American gospel, soul, and popular music singer and songwriter whose smooth tenor voice made him one of the best-known pop...
encarta.msn.com /Jay_Cooke.html   (120 words)

  
 Jay Cooke - Wikipedia, the free encyclopedia
On January 1, 1861, he opened the private banking house of Jay Cooke and Company in Philadelphia, and quickly floated a war loan of $3,000,000 for the state of Pennsylvania.
A book, Jay Cooke, Financier of the Civil War was published at Philadelphia, Pennsylvania in 1907.
Cooke fished for trout there -- he was an avid outdoorsman throughout his life -- and he annually brought gifts such as pocket knives and scissors to the small school established there for the workers' children.
en.wikipedia.org /wiki/Jay_Cooke   (932 words)

  
 Origin and early life of banker Jay Cooke
His father, Eleutheros Cooke had studied law and practiced at Granville, Washington county NY, where the family was established before moving West to Ohio.
He subsequently entered politics and was elected to the Ohio House of Representatives in 1822 and again in 1825 and 1840.
In 1826, Eleutheros Cooke obtained from the Ohio legislature the first charter for a railroad in the USA :...
www.raken.com /american_wealth/bankers_gilded_age/Jay_Cooke_1.asp   (189 words)

  
 JAY COOKE (1821–1905) - Online Information article about JAY COOKE (1821–1905)
Jay Cooke received a preliminary training in a trading See also:
January 1861 he opened in Philadelphia the private banking house of Jay Cooke and Company, and soon achieved See also:
Oberholtzer, Jay Cooke, Financier of the Civil War (Philadelphia, 1907).
encyclopedia.jrank.org /COM_COR/COOKE_JAY_18211905_.html   (892 words)

  
 Jay Cooke - mediabistro.com Courses and Seminars
Jay Cooke is the Commissioning Editor, US East, at Lonely Planet Publications, where he structures and develops 15 + travel guides including New York City and New Orleans, and commissions digital content.
Jay's class gave me exactly what I was looking for: concrete points about how to break into travel writing, where to pitch, and how to generate ideas.
"Jay Cooke is an engaging and energetic teacher who really knows his stuff, and he is eager to share his vast wealth of knowledge with his students.
www.mediabistro.com /courses/cache/instr117.asp   (757 words)

  
 Amazon.com: "Jay Cooke": Key Phrase page   (Site not responding. Last check: 2007-09-17)
One of their young employees, Jay Cooke, wrote that "our office is continually crowded with customers and we do a tremendous business.
Jay Cooke's Gamble: The Northern Pacific Railroad, The Sioux, And the Panic of 1873 by M. John Lubetkin
SS Jay Cooke 2694 Items -- Get the SS Jay Cooke custom embroidered on a sweatshirt, cap or other item - and treasure her for years to come.
www.amazon.com /phrase/Jay-Cooke   (666 words)

  
 American Experience | Ulysses S. Grant | People & Events | The Panic of 1873
So when the banking firm of Jay Cooke and Company, a firm heavily invested in railroad construction, closed its doors on September 18, 1873, a major economic panic swept the nation.
Jay Cooke's firm had been the government's chief financier of the Union military effort during the Civil War.
Cooke's firm was the financial agent in this venture, and poured money into it.
www.pbs.org /wgbh/amex/grant/peopleevents/e_panic.html   (462 words)

  
 Images of Jay Cooke   (Site not responding. Last check: 2007-09-17)
aguerreotype of a young Jay Cooke taken in 1837 or 1840 from the Cooke Photo Archive at Ohio State University.
Portrait of Jay Cooke (1821-1905) from the Cooke Photo Archive at Ohio State University.
Cooke family portrait reproduced from a glass plate negative from the Cooke Photo Archive at Ohio State University.
userwww.sfsu.edu /~gmalacho/picscooke.htm   (52 words)

  
 Big Apple History . Business and Politics . The Panic of 1873 | PBS KIDS GO!
New York financier Jay Cooke first bought the Northern Pacific Railroad, which ran from Minneapolis to Seattle, hoping to make a fortune in the usual way.
So Cooke hired publicity men to cook up false stories about how good the land was.
Cooke's investment bank had been considered one of the strongest in the country, and when it collapsed, investors in the stock market panicked and started selling.
pbskids.org /bigapplehistory/business/topic9.html   (294 words)

  
 NORTH COUNTRY TRAIL - MINNESOTA: LESTER PARK - JAY COOKE STATE PARK
The trail continues southwest for another 3.4 miles, along the border of Jay Cooke State Park for the last mile, before reaching the junction with the Greeley Creek Trail.
JAY COOKE STATE PARK is the last of Minnesota's several great state parks the NCNST passes through, and is one of the older ones, established in 1915.
Jay Cooke State Park has a system for numbering trail route intersections, with the numbers posted near the intersection, useful because of the great number of trails in the park, not all of which are shown on the accompanying map.
www.northcountrytrail.org /explore/guide/b7.htm   (1791 words)

  
 Jay Cooke State Park
Jay Cooke State Park summer map pdf file
JAY COOKE STATE PARK is located three miles east of Carlton, Minnesota, on State Trunk Highway 210 in Carlton County.
When hiking on the slate rock please use care they are slippery when wet and there is plenty of slate in that area.
redfox-imagery.com /index/jaycookestatepark.htm   (508 words)

  
 Jay’s Musings » Jay Cooke State Park
Posted by Jay on Monday, August 21st, 2006 at 11:05 am in Personal, Friends.
RSS feed for comments and Trackback URI for 'Jay Cooke State Park'.
Jay’s Musings is powered by WordPress 2.0.2 and delivered to you in 0.273 seconds.
blog.slushpupie.com /2006/08/21/jay-cooke-state-park   (203 words)

  
 JAY COOKE - AUTOGRAPH LETTER SIGNED 03/22/1879
" At the time of this letter, JAY COOKE (1821-1905) was in the midst of recouping losses suffered in 1873 when his banking house financed the Northern Pacific Railroad.
Problems in building this second transcontinental line forced Cooke to close his operation, sparking the financial panic of 1873.
Cooke proved successful in making a second fortune by investing in mines in Utah and other investments in real estate out West, evidenced by this letter.
www.galleryofhistory.com /archive/9_2001/business/JAY_COOKE.htm   (369 words)

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