Friday, March 16, 2012

New York and Boston Stock Brokers: Charles Head & Company

New York Evening Post, 1897


Langlois scan


David Thompson scan

The January 13, 1910 obituary writer for the New York Times got a bit punchy with his headline when writing about the passing of Mr. Charles Head:


Wealthy New York Broker Was ex-President of Boston Stock Exchange.

Charles Head, senior member of the Stock Exchange firm of Charles Head & Co., and ex-President of the Boston Stock Exchange, dropped dead of apoplexy in his office on the first floor of the Mills Building, 17 Broad Street, a few minutes after 10 o'clock yesterday morning.  There was difficulty in getting a physician, and finally an ambulance call was sent to St. Gregory's Hospital.

When Mr. Head arrived he seemed to be in good health.  As he picked up a handful of letters he was seen to drop them, clutch at his heart, and then fall from his chair onto the floor.  He was picked up and carried into a private office.  When the ambulance arrived Dr. Clarkson said Mr. Head had died instantly.

Mr. Head had been a sufferer from heart trouble for several years.  His wife's death last spring further tended to impair his health.  He was in his sixty-first year.

He had been senior member of the firm since 1877.  Prior to that the firm was known as Hill, Head & Co.  The present firm is one of the old-time Stock Exchange houses.  Mr. Head was not an active trader himself, as he was not a member of the Exchange.  The floor business of the firm was done by the board members, William G. Borland and Dexter Blagden.  The other members of the firm James S. McCobb, James Sullivan, and Charles C. West.

The firm is mainly a Boston house, and Mr. Head had been prominent in Boston financial circles for several years.  He was also well known socially there.  The firm deals largely in mining stocks, particularly Canadian mines, and maintains a direct wire to Cobalt.  They have branch offices in Montreal, Toronto, Hamilton, Ontario, and Providence, R. I.

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