An important Bill of Exchange issued in New York in 1879 by Knoop Hanemann & Co., payable in London for £230 Sterling. This finely printed financial document reflects late 19th-century transatlantic trade and banking practices, particularly between the American textile markets and British financiers.
The firm was associated with Ludwig Knoop, a German-born cotton merchant and industrialist who became one of the most influential figures in the Russian textile industry. Knoop, later knighted by the Tsar, introduced British industrial technology into the Russian Empire and built what was then the largest cotton mill in Europe.
This document serves as a direct link to global textile trade, where Knoop’s firms operated in both England and Russia, and had commercial ties in America as well.
An exceptional piece of financial and industrial history with ties to one of 19th-century Europe’s industrial titans.
