Andrew Yule (2 November 1834 – 18 July 1902) was a businessman who founded Andrew Yule and Co.

Early life

Andrew was born in

Stonehaven Stonehaven ( ) is a town on the northeast coast of Scotland, south of Aberdeen. It had a population of 11,177 at th2022 Census Stonehaven was formerly the county town of Kincardineshire, succeeding the now abandoned town of Kincardine, Aberd ...

- Fetteresso, Scotland, the third and youngest son of Robert Yule, a clothier, and his wife Elizabeth. He had two older brothers, David, a cashier at Register House in Edinburgh, and

George George may refer to: Names * George (given name) * George (surname) People * George (singer), American-Canadian singer George Nozuka, known by the mononym George * George Papagheorghe, also known as Jorge / GEØRGE * George, stage name of Gior ...

, also an entrepreneur and trader.Yule Newsletter no. 23 (1998)
/ref>

Career

Andrew and George moved from Scotland to Manchester around 1855. Three years later, in 1858, they formed a partnership as warehousemen. The same year, encouraged by profits to be made in colonial trade, Andrew moved to India. One of the first businesses he established there was the Hoolungpooree Tea company. In 1866, he formed Andrew Yule and Co and established operations in Calcutta (now

Kolkata Kolkata, also known as Calcutta ( its official name until 2001), is the capital and largest city of the Indian state of West Bengal. It lies on the eastern bank of the Hooghly River, west of the border with Bangladesh. It is the primary ...

). The company was one of the pioneers of the extension of the cotton spinning industry to

Bengal Bengal ( ) is a Historical geography, historical geographical, ethnolinguistic and cultural term referring to a region in the Eastern South Asia, eastern part of the Indian subcontinent at the apex of the Bay of Bengal. The region of Benga ...

Hand spinning Spinning is an ancient textile art in which plant, animal or synthetic fibres are drawn out and twisted together to form yarn. For thousands of years, fibre was spun by hand using simple tools, the spindle and distaff. After the introduction o ...

had been widespread in Bengal in previous centuries, but

cotton mill A cotton mill is a building that houses spinning or weaving machinery for the production of yarn or cloth from cotton, an important product during the Industrial Revolution in the development of the factory system. Although some were driven ...

s (factories) had previously been confined to the city of

Bombay Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian States and union territories of India, state of Maharashtra. Mumbai is the financial centre, financial capital and the list of cities i ...

. He also acted as trade representative for several companies. By 1875, he had established interests in jute, cotton and coal as well as in tea. That year, his brother George and their nephew David left England to settle in India.

Later life and legacy

Andrew visited England frequently and finally retired there in 1888, settling in

Dulwich Dulwich (; ) is an area in south London, England. The settlement is mostly in the London Borough of Southwark, with parts in the London Borough of Lambeth, and consists of Dulwich Village, East Dulwich, West Dulwich, and the Southwark half of H ...

(now a part of London). He died at his residence, in

Dulwich Park Dulwich Park is a public park in Dulwich in the London Borough of Southwark, south London, England. The park was created by the Metropolitan Board of Works from former farmland and meadows. While the initial design was by Charles Barry (juni ...

Road, on 18 July 1902. He had a daughter,

Annie Henrietta Yule Annie Henrietta Yule, Lady Yule ( Yule; 1 August 1874 – 14 July 1950) was a British film financier and a breeder of Arabian horses. She co-founded the British National Films Company and Hanstead Stud, and commissioned the superyachts of her da ...

(1874 – 1950), who married her cousin. David eventually inherited all of the family's enterprises. As a wealthy widow, Annie spent the latter decades of her life as a film financier and a breeder of Arabian horses at the

Hanstead Stud The Hanstead Stud was a breeding farm in England for Arabian horses. It was active from 1928 to 1957, and its animals had a significant impact in many countries, "second only in importance to" Crabbet Arabian Stud. It was based at Hanstead Park, ...

, alongside their only child, Gladys Yule.Richard Davenport-Hines, 'Yule, Annie Henrietta, Lady Yule (1874/5–1950)’, Oxford Dictionary of National Biography, Oxford University Press, 2004; online edn, May 200
accessed 17 Dec 2013
/ref>

References

{{DEFAULTSORT:Yule, Andrew 1834 births 1902 deaths People from Stonehaven Scottish company founders Scottish expatriates in India Businesspeople from Kolkata 19th-century Scottish businesspeople

Andrew Andrew is the English form of the given name, common in many countries. The word is derived from the , ''Andreas'', itself related to ''aner/andros'', "man" (as opposed to "woman"), thus meaning "manly" and, as consequence, "brave", "strong", "c ...