James W. Bleecker

James W. Bleecker
4th President of the New York Stock Exchange
In office
1827–1830
Preceded byEdward Lyde
Succeeded byRussell H. Nevins
Personal details
Born
James Ward Bleecker

(1787-10-16)October 16, 1787
New York City, U.S.
DiedOctober 5, 1864(1864-10-05) (aged 76)
New York City, U.S.
Spouse
Sarah Elizabeth Fanning
​
​
(m. 1811⁠–⁠1864)​
RelationsAnthony Lispenard Bleecker (uncle)
Anthony Bleecker (cousin)
OccupationBanker

James Ward Bleecker (October 16, 1787 – October 5, 1864) was an American banker and the fourth president of the New York Stock Exchange.

Family

He was the son of John Jacob Bleecker (1745-1795) and Hester (nee De Veaux) Bleecker (b. 1753). Among his siblings were Frederick Devoe Bleecker, John Schuyler Bleecker, John Anthony Bleecker, and Henry Fletcher Bleecker.[1]

His paternal grandparents were Jacobus Rutger Bleecker (son of Albany mayor Rutger Jansen Bleecker) and Abigail (née Lispenard) Bleecker (daughter of Anthony Lispenard).[1] His paternal uncle was Anthony Lispenard Bleecker, the prominent banker, merchant, and auctioneer (and namesake of Bleecker Street in lower Manhattan).[2] On August 17, 1811, Bleecker was married to Sarah Elizabeth Fanning (1796–1881) in New York City.[3] Sarah was the only daughter of Edward Fanning.[4] Together, they were the parents of eleven children, including:[5]

  • Sarah Fanning Bleeker (1812–1898)
  • James Edmund Bleecker (1814–1859)
  • John Rhinelander Bleecker (1816–1845), who married Mary Elizabeth Clinton (1822–1897), a granddaughter of James Clinton and niece of Governor DeWitt Clinton and U.S. Representative George Clinton Jr.[6]
  • Mary Louisa Bleecker (1818–1864)
  • William Fanning Bleecker (1820–1820), who died in infancy.
  • Ann Elizabeth Bleecker (1822–1860)
  • Henry Augustus Bleecker (1824–1860)
  • Laura Bleecker (1826–1826), who died in infancy.
  • Juliet Fanning Bleecker (1828–1908), who married Robert Chesebrough Rathbone in 1849.[7][8]
  • Lavina Bleecker (1831–1832), who died in infancy.
  • William Bleecker (1833–1833), who died in infancy.

Bleecker died on October 5, 1864.[9] His chair on the Exchange was sold at auction for charity for $460.[9]

Career

In 1792, his father John and cousin Garret Bleecker were among the twenty-six men who signed the Buttonwood Agreement, which was an effort to organize securities trading in New York City that preceded the formation of what became known as the New York Stock Exchange.[10] Bleecker focused on marine insurance before focusing on securities later in his career.[11]

From 1827 to 1830, he succeeded Edward Lyde as the fourth president of the New York Stock Exchange.[12] Bleecker was, in turn, succeeded by Russell H. Nevins, and the Mohawk and Hudson Rail Road became the first railroad to be listed on the Exchange.[13] Following his tenure as president, beginning in 1833, he became the first Treasurer of the Board, serving until his retirement in 1861, with the sole exception of 1835, when John Ward (also a former president) served as Treasurer. He was succeeded as Treasurer by LeGrand Lockwood.[14]


References

  1. ^ a b Greene, Richard Henry; Stiles, Henry Reed; Dwight, Melatiah Everett; Morrison, George Austin; Totten, John Reynolds; Mott, Hopper Striker; Pitman, Harold Minot; Forest, Louis Effingham De; Ditmas, Charles Andrew; Maynard, Arthur S.; Mann, Conklin (1892). The New York Genealogical and Biographical Record. New York Genealogical and Biographical Society. p. 103. Retrieved September 13, 2017.
  2. ^ Senate, New York (State) Legislature (1903). Documents of the Senate of the State of New York. E. Croswell. p. 336. Retrieved 27 March 2020.
  3. ^ Smith, Frederick Kinsman (1967). The Family of Richard Smith of Smithtown, Long Island: Ten Generations. Smithtown Historical Society. p. 610. Retrieved 27 March 2020.
  4. ^ The Lady's Miscellany, Or, Weekly Visitor, for the Use and Amusement of Both Sexes. M'Carty & White. 1811. p. 286. Retrieved 27 March 2020.
  5. ^ Virkus, Frederick Adams; Marquis, Albert Nelson (1942). The Compendium of American Genealogy: First Families of America; the Standard Genealogical Encyclopedia of the United States. A. N. Marquis. Retrieved 27 March 2020.
  6. ^ Whittemore, Henry (1897). The Heroes of the American Revolution and Their Descendants: Battle of Long Island. Heroes of the Revolution Publishing Company. p. 27. Retrieved 27 March 2020.
  7. ^ "James W. Bleecker papers, [1711-ca. 1900]". researchworks.oclc.org. New-York Historical Society. Retrieved 27 March 2020.
  8. ^ Wildey, Anna Chesebrough (1903). Genealogy of the Descendants of William Chesebrough of Boston, Rehoboth, Mass. Higginson Book Company. p. 389. Retrieved 27 March 2020.
  9. ^ a b Eames, Francis L. (1894). The New York Stock Exchange. T. G. Hall. p. 43. Retrieved 27 March 2020.
  10. ^ Werner, Walter; Smith, Steven T. (1991). Wall Street. Columbia University Press. p. 234. ISBN 978-0-231-07302-8.
  11. ^ Michie, Ranald (2012). The London and New York Stock Exchanges 1850-1914 (Routledge Revivals). Routledge. p. 180. ISBN 978-1-136-73668-1. Retrieved 27 March 2020.
  12. ^ CNN Wire (12 February 2017). "Restoring centuries-old family treasure below the streets of Manhattan". CW39 Houston. Retrieved 27 March 2020. {{cite news}}: |last1= has generic name (help)
  13. ^ Easton, Alexander N. (1905). The New York Stock Exchange: its history, its contribution to national prosperity, and its relation to American finance at the outset of the twentieth century. Stock Exchange Historical Company. p. 87. Retrieved 27 March 2020.
  14. ^ Eames, Francis L. (1894). The New York Stock Exchange. T. G. Hall. p. 43. Retrieved 27 March 2020.