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Alfrederick Smith Hatch

Alfrederick Smith Hatch

Financier
Alfrederick Smith Hatch
The basics

Quick Facts

Intro Financier
Was Financial professional Financier
From United States of America
Type Finance
Gender male
Birth 1829, Vermont, United States of America
Death 1904 (aged 75 years)
The details

Biography

Alfrederick Smith Hatch (July 24, 1829 – May 13, 1904) was an American investment banker who founded Fisk & Hatch along with Harvey Fisk. Hatch was the President of the New York Stock Exchange from 1883 to 1884.

Life

Hatch was born in Vermont to Horace Hatch (1788–1873) and Mary Yates Smith (1798–1859).

In March 1862, Hatch and Harvey Fisk began a finance and insurance company called, Fisk & Hatch. The company initially focused almost exclusively in government bonds. Both men were short on capital at the time and relied on $15,000 worth of loans from family and friends. Hatch and Fisk found success as sub-agents for Jay Cooke & Company, popularizing and selling millions of dollars in government war securities in New York and New England. The two quickly became the front rank of bond dealers.

In 1871, Hatch commissioned a portrait of his family at his house on Park Avenue and 37th Street. In 1872, he donated a building he owned on 316 Water Street to Jerry McAuley and his wife, Maria. McAuley used the building to established a rescue mission for homeless men called the "Helping Hand for Men". This establishment would later become the New York City Rescue Mission.

Hatch was the President of the New York Stock Exchange from 1883 to 1884.

Death

Hatch died on May 13, 1904 at the age of 74.

The contents of this page are sourced from Wikipedia article on 28 Dec 2019. The contents are available under the CC BY-SA 4.0 license.
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Reference sources
References
https://books.google.com/books?id=yGbit1KnECAC&pg=PA753
https://books.google.com/books?id=K3DAMa0JdbEC&pg=PA144
https://books.google.com/books?id=SHIrFr5DkcwC&pg=PA225
https://books.google.com/books?id=M7cwfZ1q_qEC&pg=PA18
https://books.google.com/books?id=YYapAQAAQBAJ&pg=PA387
https://www.findagrave.com/memorial/55534338
https://id.loc.gov/authorities/names/no2004057922
https://viaf.org/viaf/2179247
https://www.worldcat.org/identities/containsVIAFID/2179247
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