Early 1800's

The early years of the nineteenth century saw a proliferation of commodities such as timber, flax, hemp, pitch and tar which were required by the British Navy during the Napoleonic Wars. During this period The Baltic Coffee House (as it was now known) moved to new premises at 58 Threadneedle Street. Trade in the City had now expanded beyond what could be offered in a coffee house and there was a concern amongst more forward-thinking City traders that some of the activities in what was a completely unregulated market, was leading to speculation and unacceptable practices.
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