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8, including Jay Cooke Jr., Laura E. Cooke, Henry E. Cooke, and Sarah E. Cooke Jay Cooke (August 10, 1821 – February 16, 1905) was an American financier who helped finance the Union war effort during the American Civil War and the postwar development of railroads in the northwestern United States.
Jay Cooke & Company was a U.S. bank that operated from 1861 to 1873. Headquartered in Philadelphia, Pennsylvania, with branches in New York City and Washington, D.C., [1] the bank helped underwrite the Union Civil War effort.
Jay Cooke (born Aug. 10, 1821, Sandusky, Ohio, U.S.—died Feb. 18, 1905, Ogontz, Pa.) was an American financier and fund-raiser for the federal government during the American Civil War.
Mar 18, 2024 · Learn about Jay Cooke, a prominent American financier and investment banker who helped fund the Union's war effort and the Northern Pacific Railway. Find out how he became involved in the railroad industry, his role in the Panic of 1873, and his later projects.
Jay Cooke was a prominent banker who helped fund the Civil War and the Northern Pacific Railway. He was born in Ohio in 1821 and died in Pennsylvania in 1905.
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.
COOKE, JAY, AND COMPANY, a private investment bank, established in Philadelphia in 1861. Jay Cooke learned the banking trade from E. W. Clark and Company, a domestic exchange and investment house.
