MARSHALL FIELD, one of the merchant princes of America, ranks among the most successful business men of the
century. He was horn in 1835 at Conway, Massachusetts. He spent his early life on a farm and secured a fair education
in the common schools, supplementing this with a course at the Conway Academy. His natural bent ran in the channels
of commercial life, and at the age of seventeen he was given a position in a store at Pittsfield, Massachusetts.
Mr. Field remained there four years and removed to Chicago in 1856. He began his career in Chicago as a clerk in
the wholesale dry goods house of Cooley, Wadsworth & Company, which later became Cooley, Farwell & Company,
and still later John V. Farwell & Company. He remained with them four years and exhibited marked ability, in
recognition of which he was given a partnership. In 1865 Mr. Field and L. Z. Leiter, who was also a member of the
firm, withdrew and formed the firm of Field, Palmer & Leiter, the third partner being Potter Palmer, and they
continued in business until 1867, when Mr. Palmer retired and the firm became Field, Leiter & Company. They
ran under the latter name until 1881, when Mr. Leiter retired and the house has since continued under the name
of Marshall Field & Company, The phenomenal success accredited to the house is largely due to the marked ability
of Mr. Field, the house had become oue of the foremost in the west, with an annual sale of $8,000,000 in 1870.
The total loss of the firm during the Chicago fire was $3,500,000 of which $2,500,000 was recovered through the
insurance companies. It rapidly recovered from the effects of this and today the annual sales amount to over $40,000,000.
Mr. Field's real estate holdings amounted to $10,000,000. He was one of the heaviest snbscribers to the Baptist
University fund although he is a Presbyterian, and gave $1,000,000 for the endowment of the Field Columbian Museum,
one of the greatest institutions of the kind in the world.
A Biographical Record
Of Schuyler County, New York
The S. J. Clarke Publishing Company
New York and Chicago 1903.
Online Biographies is part of the RatsNest Group of websites which is striving
to be your one stop source for History, Biographies and New England
Genealogy. Please fell free to use all ouf sites as often as you need
them, that is what they are here for. If you have a web site you are always welcome to link to any of the pages
that we have online. Remember that new pages are being added all the time so you will find something new on most
There are now over 10,000 biographies at this web site.
Names A to H
Names I to Z
Biographies of the Presidents.
Railway Officials in America 1906
For all your genealogy needs visit Linkpendium