Metals and Mining

Heckscher, Charles August

Charles August Heckscher hailed from an influential, well-to-do, and sophisticated Jewish family of merchant-bankers in Altona and the nearby, independent city-state of Hamburg. In 1829 he emigrated from Hamburg to the United States to become a successful merchant and entrepreneur. He acquired wealth by opening a trading house in New York City and later used his personal capital to invest in anthracite coal mining and transportation operations in eastern Pennsylvania. By the time of his death shortly after the end of the Civil War, he was one of the leading colliery operators in the nation.

Jesselson, Ludwig

In the decades after 1945, Philipp Brothers grew to become the largest and most important metal trading company in the world. By the late 1970s, the company had become an international giant, dealing in over one hundred and fifty different industrial raw materials with representatives in virtually every country in the world possessing metals or minerals of commercial quality. During most of this period, Ludwig Jesselson, who had come to New York in 1937 to work for Philipp Brothers, was at the helm of the company. Jesselson led the company from a sizable private company to an international giant, in the process contributing to changing the markets for international commodities.