Enoch White Clark

Enoch White Clark
Banker, founder of E.W. Clark & Co., and one of the richest men in Philadelphia at his death
Born(1802-11-16)November 16, 1802
Easthampton, Massachusetts, US
DiedAugust 4, 1856(1856-08-04) (aged 53)
Philadelphia, Pennsylvania, US

Enoch White Clark (November 16, 1802 – August 4, 1856) was the founder of E. W. Clark & Co.,[1] a prominent financial firm based in Philadelphia, Pennsylvania, that helped the U.S. government finance the Mexican–American War. In 1857, Clark was listed as one of Philadelphia's 25 millionaires.[2]

Clark also launched the financial career of Jay Cooke, who helped finance the Union's war effort in the Civil War and establish a true national currency.

  1. ^ "E. W. Clark & Co. Observing 100th Anniversary Today". The Wall Street Journal. February 15, 1937. Archived from the original on November 4, 2012. Retrieved December 8, 2010. E. W. Clark & Co., investment banking and brokerage house, is observing its 100th anniversary today. Founded in Philadelphia as a private bank on February 15, 1837, the firm has been continuously under the direction of its founder, Enoch White Clark, and his descendants. Of the present eight partners, three are grandsons and four great grandsons. One of the early partners of the firm was Jay Cooke.
  2. ^ Vitiello, Dominic; George E. Thomas (2010). The Philadelphia Stock Exchange and the City It Made. Philadelphia: University of Pennsylvania Press. p. 93. ISBN 978-0812242249. Retrieved December 8, 2010. There is obviously some confusion by the source; Clark died in 1856. But the passage was directly about fellow financier Francis Drexel.