LEHMAN BROS
NOV 16 1899
Lehman Brothers are most famous as a New York financial firm that crashed and burned during the 2008 financial crisis. I'm not a scholar of their collapse but I would assume they speculated just a bit too much on the long side of mortgage derivatives. But while the firm grew in the 20th century to become a major player in finance, their origins were a bit more humble, as they began as southern "cotton factors" that brokered cotton between producers and American and European industrial buyers.
Lehman Brothers has several types of cancels that can be found in the 1898 period. The normal circular dates stamps I would assume were part of regular New York trading activity. But the more interesting type shown here might have been from transactions at their more southerly operations. I'm looking for on-document Lehman Brothers examples to know.
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