Company Details

Bankers' and Brokers' Telegraph Company

Edison had an association with this New York firm in 1869. At the beginning of the year Edison rented two rooms at 9 Wilson Lane in Boston, also the location of Bankers' and Brokers', where he established headquarters for a stock-quotation service. Bankers' and Brokers' was then planning to build a line between New York and Boston to provide stock quotation service with Samuel Laws's Gold and Stock Reporting Telegraph Company. In the spring Edison traveled to New York where he became associated with Laws and also tested his double transmitter on Bankers' and Brokers' lines.