Charles D. Barney, Date of Birth, Date of Death

    

Charles D. Barney

American stockbroker

Date of Birth: 09-Jul-1844

Date of Death: 24-Oct-1945

Profession: banker, stockbroker

Nationality: United States

Zodiac Sign: Cancer


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About Charles D. Barney

  • Charles Dennis Barney (July 9, 1844 – October 24, 1945) was an American stockbroker and founder of Charles D.
  • Barney & Co., one of the predecessors of the brokerage and securities firm Smith Barney. Barney was born in Sandusky, Ohio, the son of a grain merchant.
  • Barney attended the University of Michigan in Ann Arbor, Michigan when the American Civil War broke out.
  • Barney's older brother was killed and at the end of 1862, Barney was permitted by his family to enlist in the U.S.
  • Army.
  • After the war, Barney worked briefly as a clerk at a bank in Sandusky.After two years, Barney moved to Philadelphia, where he married Laura E.
  • Cooke, the daughter of prominent Philadelphia financier Jay Cooke, joining the firm of Jay Cooke & Company Following the collapse of his father-in-law's Philadelphia banking house, in 1873, Barney reorganized the firm as Chas.
  • D.
  • Barney & Co.
  • Barney's brother-in-law, Jay Cooke, Jr., joined the new firm as a minority partner.Barney retired from day-to-day control of the firm in 1906 but remained involved through the 1930s.
  • In 1938, Charles D.
  • Barney & Co.
  • and Edward B.
  • Smith & Co.
  • merged to form Smith Barney & Co.Barney died in 1945 at the age of 101 at Elkins Park, Pennsylvania near Philadelphia.
  • At the time of his death, Barney was among the oldest living veterans of the American Civil War.Barney was a director of the Union League of Philadelphia.

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