A. Wakeman, "the historian of the coffee trade," as he is often called, began with Olendorf, Case & Gillespie. Later he went with Thompson & Bowers, and then became a member of the firm of Baiz & Wakeman. He is now in business alone. For thirty-eight years Mr. Wakeman has been secretary of the Lower Wall Street Business Men's Association. He is the author of History and Reminiscences of Lower Wall Street and Vicinity.
H. Simmonds, of Simmonds & Bayne; later, of Simmonds & Newton; then, of the Brazil Coffee Co.; and finally, of H. Simmonds & Co., is at the time of writing one of the oldest coffee merchants on Front Street, having been in business in Baltimore and New York for more than fifty years. He has a desk in the office of his son, W. Lee Simmonds, of W. Lee Simmonds & Co.
Bayne is another well known Front Street name. The firm of William Bayne & Co. was established by William Bayne, Sr., in Baltimore. The business was moved to New York about 1885. The founder's three sons, William, Jr., Daniel K., and L. P., entered the employ of the firm in Baltimore, and moved with it to New York.
Daniel K. Bayne became associated with Henry Sheldon & Co., and later was a member of Simmonds & Bayne. He then returned to William Bayne & Co. and was senior partner at the time of his death in 1915. William Bayne, Jr., for many years one of the governors and a past-president and vice-president of the New York Coffee Exchange, and his brother, L.P. Bayne, now conduct the business.
John T. Foley, now of the Commercial Coffee Co., began with Kirkland Bros. From there he went to Ezra Wheeler & Co., then to H.W. Banks & Co., Thompson, Shortridge & Co., and William Hosmer Bennett & Son.
Joshua Walker formed a partnership with James Stewart as Stewart & Walker. Since the retirement of Mr. Stewart some years ago, Mr. Walker has been in business alone.
Three other veterans of the trade are still in the harness: Louis Seligsberg, formerly of Wolf & Seligsberg, is now alone; Henry Schaefer has been at the head of S. Gruner & Co. since the death of Siegfried Gruner; Col. William P. Roome, who operated for some time as Wm. P. Roome & Co., is now head of the coffee department of Acker, Merrall & Condit Co.
| Green Coffee Trade Builders Who Have Passed on | |||
Gregory B. Livierato, who founded the business of Livierato Bros. at Port Said, with branches at Aden and Marseilles, and later at Hodeida and Harar, entered the green coffee trade of New York in 1855, although his L F Mocha marks had been introduced here many years before. He remained here for eighteen years, returned to his home in Cephalonia, Greece, in 1904, and died there in 1905. His nephew, B.A. Livierato, then assumed charge of the New York coffee business, which in 1913 became the Livierato-Kidde Co., with B.A. Livierato and Frank Kidde.
Benjamin Green Arnold, one-time "coffee king," first became well known as a member of Arnold, Sturgess & Co., afterward B.G. Arnold & Co. Mr. Arnold was one of the incorporators, and the first president, of the New York Coffee Exchange. Francis B. Arnold, with Arnold, Sturgess & Co., later of Arnold, Mackey & Co., afterward Arnold, Dorr & Co., was a son of Benjamin Greene Arnold; and to him and to Major John R. McNulty belongs a great part of the credit for the organization of the New York Coffee Exchange. Major McNulty was with Minford, Thompson & Co., and then formed the firm of J.R. McNulty & Co.
O.G. Kimball
James C. Russell
James W. Phyfe
C.E. Bickford