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    Jay Cooke

    American financier (1821–1905)

    Jay Cooke

    Born

    Jay Cooke


    (1821-08-10)August 10, 1821

    Sandusky, Ohio, U.S.

    DiedFebruary 16, 1905(1905-02-16) (aged 83)

    Elkins Park, Pennsylvania, U.S.

    OccupationFinancier
    Spouse

    Dorothea Elizabeth Allen

    (m. 1844; died 1871)​
    Children8, including Jay Cooke Jr., Laura E.

    Cooke, Henry E. Cooke, and Sarah E. Cooke

    Jay Cooke (August 10, 1821 – February 16, 1905) was an American financier who helped finance the Union war effort during the American Civil War and the postwar development of railroads in the northwestern United States.

    He is generally acknowledged as the first major investment banker in the United States and creator of the first wire house firm.[1]

    Early life

    Cooke was born at Sandusky, Ohio, the son of Eleutheros Cooke and Martha Carswell Cooke.

    Eleutheros Cooke was a pioneer Ohio lawyer and Whig, a member of