Records of James Finlay & Co, financial records
- Reference:GB 248 UGD 091/1/4
- Dates of Creation:1789-1962
- Name of Creator:
- Language of Material:English
- Physical Description:2.0 linear metres
Scope and Content
Includes:
- Balance sheets and books;
- Ledgers;
- Journals;
- Cash books;
- Bill books;
- Bad debts;
- Financial correspondence with auditors and solicitors;
- Tax and excise;
- Imray Fund;
- Miscellaneous financial records.
This description is part of the main James Finlay & Co collection which has been divided into the following sections, each with its own separate description:
- UGD 091/1/1, administrative records;
- UGD 091/1/2, shareholders' records;
- UGD 091/1/3, letterbooks and correspondence;
- UGD 091/1/4, financial records;
- UGD 091/1/5, production records;
- UGD 091/1/6, staff and salary records;
- UGD 091/1/7, branch records;
- UGD 091/1/8, property records;
- UGD 091/1/9, public relations material;
- UGD 091/1/10, Finlay and Muir family records;
- UGD 091/1/11, miscellaneous records;
Administrative / Biographical History
In 1750 James Finlay (1727-c1792) established the firm of James Finlay & Co in Glasgow, Scotland. He operated in a number of overseas and UK markets, entering into a number of trade agreements. After his death, his son Kirkman Finlay (d1842), one of the most influential merchants of his generation, became senior managing partner of the firm.
In 1798 the company purchased mills at Ballindalloch, Balfron, Stirling, Scotland, and soon became major textile manufacturers, later purchasing additional mills at Catrine, East Ayrshire, Scotland in 1801 and Deanston, Perth & Kinross, Scotland, in 1808 . The firm also established many trading connections overseas, initially in Europe, but later further afield. These trading operations were facilitated by a staff of travelling agents and by the formation of branch establishments in major trading centres.
Gradually the company's trading activities outstripped their textile manufacturing business and in 1844 the works at Ballindalloch, Stirling, were sold. In 1858 the company merged with Wilson, James & Kay. Their Indian business connections were strengthened in 1862 when Finlay Clerk & Co was established in Bombay, known as Finlay Muir & Co from 1870 when and a branch was opened in Calcutta. In around 1882 the firm began to diversify into tea estate management and by Finlay, Muir & Co 1901 was managing extensive tea estates in India and Sri Lankra. In 1909 the company became incorporated as a limited liability company, James Finlay & Co Ltd, with head offices at Nile Street, Glasgow. For a more detailed administrative history see the full James Finlay & Co collection description.
Arrangement
Files arranged as received.
Access Information
Some files in this collection are subject to Data Protection legislation as they contain sensitive information and material under 30 years old is closed to access. It is advised that you should contact the Duty Archivist before visiting: library-asc@glasgow.ac.uk
Physical Characteristics and/or Technical Requirements
None which affect the use of this material
Conditions Governing Use
Reproduction subject to usual conditions: educational use and condition of documents
Any work intended for publication that is based on research from this collection must be approved in advance. Apply in the first instance to Archives and Special Collections, email: library-asc@glasgow.ac.uk
Appraisal Information
This material has been appraised in line with standard GB 248 procedures. Duplicates have been removed.
Accruals
None expected
Related Material
Financial records relating to Catrine, Deanston & Ballindalloch Mills are listed under section GB 248 UGD 091/1/5
Material in other repositories: GB 059 Finlay Campbell & Co and Finlay Muir & Co (British Library: Oriental and India Office Collections)
Bibliography
No known publications using this material
Additional Information
Description compiled in line with the following international standards: International Council on Archives, ISAD(G) Second Edition, September 1999and National Council on Archives, Rules for the construction of personal, place and corporate names
Scotland is the location of all place names in the administrative/biographical history element, unless otherwise stated.
Collection catalogued by members of Glasgow University Archive Services staff. Catalogue converted to Encoded Archival Description by Michelle Kaye, Archives Assistant (Cataloguing), May 2012. Additional material catalogued and converted into Encoded Archival Description by Peter Morphew, Cataloguing Archivist, January 2016.
Subjects
Corporate Names
Geographical Names