|
|
In Service:
24 June 1954 until February 1963 |
||||||||
|
|
||||||||
Original Advertisements remastered
- Images © Martins Bank Archive Collections |
|||||||||
Certainly this seems to be an incentive for
Martins to open a sub Branch there.
The usual announcements in the local press are made – both in advance
and after the opening – of Cotton Exchange Branch, and the 1954 “I’m in
cotton” advertisement although plugging mainly the de-centralised nature of
Martins Bank, with its District Offices, acts rather neatly as reminder of
the new sub Branch. This was not however the Bank’s only Branch at the
Exchange - The Bank of Liverpool opened its Liverpool Exchange Branch at 1
Old Hall Street on the first day of January 1890. It remained in service
until Martins Bank closed it in 1932.
The next twenty-two years would see both mixed fortunes, and the
beginning of the end for cotton trading in the City… The Liverpool Cotton Exchange was closed in 1941 –
firstly for the remainder of World War Two, and then from 1946 under the
order of H M Government, who had set up the Raw Cotton Commission largely
favouring imported cotton. The
Exchange was however re-opened on 18 May 1954, and Martins Bank moved in a month
later, offering a full banking week of service, requiring staff to be on hand
10am to 3pm weekdays, and 9.30am to 12 noon Saturdays.
|
Full Page advertisement in the Cotton Trades
Index 1955 Image © Martins Bank Archive Collections |
||||||||
|
|||||||||
|
|||||||||