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ITEM DESCRIPTION:


September 13, 1857 St Petersburg bill of exchange 369 rubles issued to the John Mollett from London, endorsed by the signature bank Alexander von Stieglitz, for payment to the Russian Consulate in Ragusa-Dubrovnik.

Baron Alexander von Stieglitz  1814–1884 was a Russian financier. He was the first governor of the State Bank of the Russian Empire, the predecessor organization to today's Central Bank of the Russian Federation.

Stieglitz was born in Saint Petersburg to banker Baron Ludwig von Stieglitz who was a founder of the banking-house "Stieglitz and Co". After completing his education at the University of Dorpat in what is now Tartu, Estonia, he entered the state services as a member of the Manufacture council of the Ministry of Finances of the Russian Empire

After the death of his father, Stieglitz inherited the banking-house and succeeded as a banker of the Emperor. In 1840–1850 he successfully sold six 4% government loans to finance the construction of the Moscow – Saint Petersburg Railway and secured a significant foreign loan at the height of the Crimean War. Stieglitz also owned manufacturing enterprises in Narva and in Catherinehof.

In 1846 Stieglitz was elected the chairman of the Exchange's committee. At that post he took part in all financial operation of the Government of the Russian Empire. In 1857 he co-founded the Society of the Russian Railways. In 1860 Stieglitz liquidated all his commercial enterprises and voluntarily withdrew from the post of the chairman of the Exchange's committee.

On 31 May 1860 Emperor Alexander II established the State Bank of the Russian Empire and Stieglitz became its first governor. In 1866 he left the state service

Ludwig von Stieglitz (Любим Иванович Штиглиц; December 24, 1779 in Arolsen, Waldeck, Holy Roman Empire of the German Nation; March 18 [O.S. 6 March] 1843, Saint Petersburg) was a German Jewish businessman in Russia and founder of the banking house Stieglitz & Company.

He was the youngest of three sons of the Waldeck court banker Hirsch Bernhard Stieglitz and his wife Edel Elisabeth (née Marcus). As a young man Stieglitz moved to Russia as a representative of his merchant house, and eventually, after converting to Christianity, was appointed court banker to Alexander I of Russia, gaining influence and receiving various Russian decorations. After adopting Christianity, he was raised to the dignity of a Russian hereditary baron on August 22, 1826.

Stieglitz continued as court banker to Nicholas I and took an active part in many financial affairs of his adopted country, investing in a range of enterprises including steam navigation between Lübeck and St. Petersburg. He purchased the Estate of Gross-Essern in Courland, and on May 3, 1840 his name was inscribed in the register of the nobility of Courland.

A contemporary has noted: "He was the German Rothschild of St. Petersburg, but in reality more; for he was not only rich in money, he was still richer in heart, and a noble benefactor in the best sense of the word

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