Alfrederick Smith Hatch


Alfrederick Smith Hatch was an American investment banker who founded Fisk & Hatch along with Harvey Fisk. Hatch was the List of presidents of the [New York Stock Exchange|President of the New York Stock Exchange] from 1883 to 1884.

Life

Hatch was born in Vermont to Horace Hatch and Mary Yates Smith.
In March 1862, Hatch and Harvey Fisk began a finance and insurance company called, Fisk & Hatch. The company initially focused almost exclusively in government bonds. Both men were short on capital at the time and relied on $15,000 worth of loans from family and friends. Hatch and Fisk found success as sub-agents for Jay Cooke & Company, popularizing and selling millions of dollars in government war securities in New York and New England. The two quickly became the front rank of bond dealers.
In 1871, Hatch commissioned a portrait of his family at his house on Park Avenue and 37th Street. In 1872, he donated a building he owned on 316 Water Street to Jerry McAuley and his wife, Maria. McAuley used the building to established a rescue mission for homeless men called the "Helping Hand for Men". This establishment would later become the New [York City Rescue Mission].
Hatch was the President of the New York Stock Exchange from 1883 to 1884.

Death

Hatch died on May 13, 1904, at the age of 74.