Lloyd's Coffee House in the Royal Exchange, Showing the Subscription Room
In rebuilding the Exchange there were provided the Subscribers' or Underwriters' room, the Merchants' room, and the Captains' room. The City, second edition, 1848, contains the following description of this most famous rendezvous of eminent merchants, shipowners, underwriters, insurance, stock and exchange brokers:
Here is obtained the earliest news of the arrival and sailing of vessels, losses at sea, captures, recaptures, engagements and other shipping intelligence; and proprietors of ships and freights are insured by the underwriters. The rooms are in the Venetian style with Roman enrichments. At the entrance of the room are exhibited the Shipping Lists, received from Lloyd's agents at home and abroad, and affording particulars of departures or arrivals of vessels, wrecks, salvage, or sale of property saved, etc. To the right and left are "Lloyd's Books," two enormous ledgers. Right hand, ships "spoken with" or arrived at their destined ports; left hand, records of wrecks, fires or severe collisions, written in a fine Roman hand in "double lines." To assist the underwriters in their calculations, at the end of the room is an Anemometer, which registers the state of the wind day and night; attached is a rain gauge.
The British, Cockspur Street, "long a house of call for Scotchmen," was fortunate in its landladies. In 1759 it was kept by the sister of Bishop Douglas, so well known for his works against Lauder and Bower, which may explain its Scottish fame. At another period it was kept by Mrs. Anderson, described in Mackenzie's Life of Home as "a woman of uncommon talents and the most agreeable conversation."
Don Saltero's, 18 Cheyne Walk, Chelsea, was opened by a barber named Salter in 1695. Sir Hans Sloane contributed of his own collection some of the refuse gimcracks that were to be found in Salter's "museum." Vice-Admiral Munden, who had been long on the coast of Spain, where he had acquired a fondness for Spanish titles, named the keeper of the house Don Saltero, and his coffee house and museum Don Saltero's.
Squire's was in Fulwood's Rents, Holburn, running up to Gray's Inn. It was one of the receiving houses of the Spectator. In No. 269 the Spectator accepts Sir Roger de Coverley's invitation to "smoke a pipe with him over a dish of coffee at Squire's. As I love the old man, I take delight in complying with everything that is agreeable to him, and accordingly waited on him to the coffee-house, where his venerable figure drew upon us the eyes of the whole room. He had no sooner seated himself at the upper end of the high table, but he called for a clean pipe, a paper of tobacco, a dish of coffee, a wax candle and the 'Supplement' (a periodical paper of that time), with such an air of cheerfulness and good humour, that all the boys in the coffee room (who seemed to take pleasure in serving him) were at once employed on his several errands, insomuch that nobody else could come at a dish of tea until the Knight had got all his conveniences about him." Such was the coffee room in the Spectator's day.
Interior of Dick's Coffee House
From the frontispiece to "The Coffee House—a dramatick Piece" ([see chapter XXXII])