Shearson, Hammill & Co.
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This article is about Shearson Hammill, the brokerage and investment banking firm in existence from 1902–1974. For extended usage of the Shearson brand in finance, see Shearson and Shearson (disambiguation).
Shearson, Hammill & Co. was a Wall Street brokerage and investment banking firm founded in 1902 by Edward Shearson and Caleb Wild Hammill. The firm originally built its business as a stock broker as well as a broker of various commodities, particularly grain and cotton. The firm was a member of the New York Stock Exchange, the Chicago Stock Exchange and the Chicago Mercantile Exchange.[1]
Quick Facts Company type, Industry ...
Company type | Private partnership |
---|---|
Industry | Financial services |
Founded | 1902 |
Founder | Edward Shearson |
Defunct | 1974 |
Fate | Acquired in 1974 by Hayden, Stone & Co. |
Successor | Shearson Hayden Stone, Shearson/American Express (1981) |
Headquarters | New York, New York, United States |
Products | Investment banking, Brokerage |
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The firm was originally headquartered in the Empire Building at 71 Broadway in New York City and maintained another main office in Chicago.[1]
Shearson was acquired in by Hayden Stone & Co. to form Shearson Hayden Stone in 1974.