Gerald and Crawford Livingston Papers, 1920-1933

Biography/History

GERALD M. LIVINGSTON, New York stock broker, was born in St. Paul, Minnesota, August 31, 1883, the fourth child of Crawford and Mary Steele (Potts) Livingston. He attended Philips Academy in Andover, Massachusetts. On June 7, 1910 he married Eleanor Hoffman Rodewald in New York City; they had three children: Eleanor Moncrieffe, Mary Moncrieffe, and Geraldine.

Livingston cofounded the New York brokerage firm of Livingston & Co. in 1913 with his father, and remained with the firm until his retirement in 1928. He retained his membership in the New York Stock Exchange after his retirement, and served as governor of the Exchange during the 1920's. Nationally known as a breeder and exhibitor of dogs, Livingston was an early breeder of basset hounds in America and was influential in their successful establishment and acceptance in dog shows and hunting associations in this country. He served as president of the Westminster Kennel Club and judged numerous dog shows. He was a member of the Union, Knickerbocker, Tennis and Racquet, and Piping Rock Clubs in New York; a Mason; and a member of the St. Nicholas Society and the Pilgrims. Gerald M. Livingston died on November 13, 1950 of a stroke.

CRAWFORD LIVINGSTON, railroad builder and capitalist, was born in New York City, May 6, 1848, the third child of Crawford and Caroline circa (Chapman) Livingston. He attended Albany Academy in New York. On January 28, 1875, he married Mary Steele Potts; they had four children: Crawford, Mary Steele, Abbie Francis, and Gerald Moncrieffe.

His stock brokerage career began in 1864 with a New York firm. He later became a partner of that firm, which eventually became known as White, Livingston & Kendrick. In 1913 he founded Livingston & Co. with his son Gerald, and remained with the association until his death.

Crawford Livingston started his career in railroads in 1870 as a purchasing agent for the Winona and St. Peter Railroad. He later built the Little Falls Dakota Railway with Henry Villard, the James River Valley Railway, the Duluth-Manitoba Railroad, the Minnesota Central in association with H. B. Stickney, and the Chicago Great Western. At one time he was president of all the St. Paul lighting companies, director of the Northern Pacific Railroad, and a trustee of the Minnesota Life Insurance Company. He was a member of the Knickerbocker and Union Clubs in New York and Town and Country, St. Paul, and Driving Clubs in St. Paul, Minnesota. Crawford Livingston died November 16, 1925.

WALTER PRICE, a New York stock broker, was born in New York City, May 23, 1866, the son of William Henry and Eliza Tabb (Dyer) Price, and was educated in New York City public schools. He worked as a reporter in San Francisco and served as a private with Col. Theodore Roosevelt's Rough Riders. In 1900 his association with Price, McCormick & Co., marked the beginning of his long brokerage career.

He later became a member of E & C Randolph, 1904-1922; a senior partner in Livingston & Co., 1922-1934; and a partner in Abbott, Proctor & Price, 1934-1938, a firm in which he retained a limited partnership after his retirement in 1938.

A writer on economic and financial subjects, Price was also a pioneer in the establishment of private wire services for financial houses and brokerage concerns. He was the director of the Philharmonic-Symphony Society for 21 years; a Mason; a member of Racquet and Tennis, The Brook, and Southside Sportsmen's Clubs, among others; and a member of the Sons of the American Revolution. Walter Price died November 19, 1943.


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