Manuscripts Division
William L. Clements Library
University of Michigan

Finding aid for
Beebee, Ludlow and Company Papers, 1820-1852

Finding aid created by
Meg Hixon, November 2011

Summary Information
Title: Beebee, Ludlow and Company papers
Creator: Beebee, Ludlow and Company
Inclusive dates: 1820-1852
Bulk dates: 1846-1852
Extent: 0.25 linear feet
Abstract:
The Beebee, Ludlow and Company papers consist of business correspondence and financial documents related to the firm, which operated in New York City and Philadelphia in the mid-19th century. The company traded in bullion and specie.
Language: The material is in English
Repository: William L. Clements Library, University of Michigan
909 S. University Ave.
The University of Michigan
Ann Arbor, MI 48109-1190
Phone: 734-764-2347
Web Site: www.clements.umich.edu


Access and Use
Acquisition Information:

1993. M-2921.3.

Access Restrictions:

The collection is open for research.

Copyright:

Copyright status is unknown

Processing Information:

Cataloging funded by the National Historical Publications and Records Commission (NHPRC). This collection has been processed according to minimal processing procedures and may be revised, expanded, or updated in the future.

Preferred Citation:

Beebee, Ludlow and Company Papers, William L. Clements Library, The University of Michigan


Arrangement

The collection is arranged chronologically, with undated items placed at the end.


History

Samuel J. Beebee, George W. Beebee, and Robert M. Ludlow entered business together in New York City and Philadelphia in 1846 as Beebee, Ludlow & Co. and Ludlow, Beebee & Co., respectively. The business concentrated in bullion and specie exchange, and operated as such until 1850, with the departure of Ludlow's son, S. B. Ludlow, for San Francisco, where he opened his own related firm. The Beebees continued to do business as Beebee & Co. until at least 1851, when the three parties became involved in an extensive lawsuit, unresolved until May 1861.


Collection Scope and Content Note

The Beebee, Ludlow and Company papers consist of business correspondence and financial documents related to the firm, which operated in New York City and Philadelphia in the mid-19th century. The collection holds both incoming and, to a lesser extent, outgoing correspondence related to the company's trade in bullion and specie, which included specie from several foreign countries across Europe and North America, as well as gold from around the world. Most of the letters contain financial figures and account statements between the firm and their business partners, who wrote from locations across the country. Particularly well represented were firms located in Charleston, South Carolina, and Cincinnati, Ohio. Following the Ludlows' departure, the firm represented itself as Beebee & Co, Bullion & Exchange Bankers, after January 1851, but continued to do business with Ludlow & Co. in Philadelphia. The records trace the financial history of the company in its prime and provide insight into the bullion business, and business affairs in general, just prior to the Civil War.

Subject Terms

    Subjects:
    • Charleston (S.C.)--Commerce.
    • Cincinnati (Ohio)--Commerce.
    • Foreign exchange market.
    • Money--United States--History.
    • New York (N.Y.)--Commerce.
    • Philadelphia (Pa.)--Commerce.
    • Precious metals.
    • United States--Commerce--History--19th century.
    Genre Terms:
    • Financial records.
    • Letters (correspondence)
    Contents List
    Container / Location Title
    Box   1 Folders   1-16
    Beebee, Ludlow and Company papers,  September 14, 1820-[May] 3, 1852, and  undated [series]
    Additional Descriptive Data
    Bibliography

    Cadwalader, John. Cadwalader's Cases, Being Decisions of the Hon. John Cadwalader Judge of the District Court of the United States for the Eastern District of Pennsylvania, between the Years 1858 and 1879... Vol. 1. Philadelphia: Rees Welsh & Co., 1907.