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Shewan, Tomes & Co.

From Wikipedia, the free encyclopedia
Trading company in Hong Kong and China
The St. George Building, which served as the principal office of the Shewan, Tomes & Co., c.1908. The flag of the company is shown hoisted

Shewan, Tomes & Co. was one of the leading trading companies inHong Kong andChina during the late 19th and early 20th century.

History

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WhenRussell & Co., which was then one of the largest mercantile companies in theFar East, was dissolved in 1891, its former employeesRobert Shewan, a Scotsman, andCharles Alexander Tomes, an Englishman, used the infrastructure of the defunct company to create Shewan, Tomes & Co. in 1895. The company established offices in Hong Kong,Canton,Shanghai,Tianjin,Kobe,London, andNew York; and had agencies inAmoy,Fuzhou,Formosa,Hankou,Manila, and theStraits Settlements. Shewan, Tomes & Co.'s principal office was at theSt. George's Building [zh-tw] inCentral, Hong Kong.[1]

House flag of Shewan, Tomes & Co.

Through its base in Canton, the company's principal commodities of export were raw silk, tea, matting, fire-crackers,cassia, rhubarb, aniseed, ginseng, and rattan; and its principal commodities of import were cottons, woollens, glass, iron, steel, coal, and many other basic commodities.[1]

The firm expanded to become the general manager of many prominent companies based in China. These included the China and Manila Steamship Company, the American-Asiatic Steamship Company, theGreen Island Cement Company, the Hong Kong Rope Manufacturing Company, the China Provident Loan and Mortgage Company, theEquitable Life Assurance Society, the Canton Land Company. The company also served as an agent for steamers of the Shire Line, the Yangtsze Insurance Association, theInsurance Company of North America, the Batavia Sea and Fire Insurance Company, theNorth British and Mercantile Insurance Company, the Reliance Marine Insurance company, the Union Marine Insurance company, the World Marine Insurance company, the Law Union and Crown Insurance company, theYorkshire Fire and Life Insurance company, the Fireman's Fund Insurance company, the Federal Insurance Companies, the Electric Traction Company of Hong Kong, the Chinese Engineering and Mining Company, the Shanghai Pulp and Paper Company, and the Tacoma Grain Company.[1] In 1901, Shewan, Tomes & Co. contributed to the foundation of theChina Light and Power Company,[2][3] which remains one of the two electricity suppliers in Hong Kong.

Shewan, Tomes & Co. was acquired byWheelock Marden & Co. in 1951.[4]

See also

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References

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  1. ^abcWright, Arnold, ed. (1908).Twentieth Century Impressions of Hongkong, Shanghai, and other Treaty Ports of China. London: Lloyd's Greater Britain Pub. Co. p. 213.
  2. ^Jones, Charles A. (1987).International Business in the Nineteenth Century: The Rise and Fall of a Cosmopolitan Bourgeoisie. Wheatsheaf.
  3. ^Cameron, Nigel (1982).Power: The Story of China Light. Oxford University Press.
  4. ^"Messrs. Shewan, Tomes & Co – further information – The Industrial History of Hong Kong Group".industrialhistoryhk.org. Retrieved2024-06-03.
European and American trade inQing China
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