Fenner & Bean

[ink-a-alot]

Fenner & Bean

New York-New Orleans. Direct private wires throughout the south,,,, back side,,,,,,members,, New York stock exchange,,New York Cotton exchange,,Chicago board of trade,, New york Produce eschange,, new York coffie and sugar exchange,, New Orleans cotton exchange,, New orleans bourd of trade,,Associate members of the Liverpoll cotton ass'n New York curb market,,Ass'n.. Now what the heck is this thing I found it at an old home place in mt.pleasant tx. please help me find out what its worth.. thanks

 

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[DD-777]

Re: Fenner & Bean

Google Rocks!

 

[chipveres]

Re: Fenner & Bean

A similar token from 1946 was priced at $16 on e-bay but didn't sell. Latterly, Fenner & Beane became a part of the Merril Lynch outfit.

Chip Veres

 

[relichunters]

Re: Fenner & Bean

This is like the most I can find on the Fenner Token

"All three of Merrill's children were wealthy from unbreakable trusts made early in childhood. At their father's request, each willingly renounced (in exchange for a token $100) any additional inheritance. Thus Merrill's estate became an engine of philanthropy, supporting the Merrill Science Center at Amherst College and Merrill College at the University of California, Santa Cruz, built in 1968."

 

[DCMatt]

Re: Fenner & Bean

Pre- WWII advertising token.

... Fenner & Beane, a New Orleans company that was the nation's largest commodities house and the second-largest "wire house" (an investment firm that, like E. A. Pierce, depended on its private telegraph wires for a broad-based business)...

Back then, New Orleans and New York were the most active ports in the US. Private, direct communications would have been a very important service to provide.

Fenner & Beane were absorbed by Merrill Lynch in 1941.

DCMatt

 

[time4me]

Re: Fenner & Bean

very cool token