Frederick George Hilton Price | RBS Heritage Hub

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Frederick George Hilton Price

Undated photograph of Frederick George Hilton Price © RBS 2015

 

Frederick George Hilton Price (1842-1909) was an employee, and later a partner, of the London bank Child & Co. He was also a distinguished amateur historian, archaeologist and collector.

 

Background and early life

Frederick George Hilton Price was born in Dalston, north east London, on 20 August 1842. He was the eldest of seven children of Frederick William Price, a clerk in Child & Co, and his wife Louisa Tinson.

In 1866 his widowed father married Emma Chatterton Green (1834-1910). They had a further five children together.

In 1867 Hilton Price’s father became a partner in Child & Co, and in 1874, senior acting partner.

Frederick George Hilton Price was educated at Crawford College, Maidenhead.

 

Name

Frederick George Hilton Price was given the name ‘Hilton’ in honour of an uncle. Although officially a forename, he appears to have adopted it as part of his surname, being generally known as Mr Hilton Price.

Despite this preference, there is no evidence that he ever officially changed his name. His children had the surname Price.

 

Banking career

After a short period as a junior clerk in another London bank, Hilton Price joined Child & Co in May 1860. Child & Co, perhaps alone among English banks of the period, made it possible for a clerk to work his way all the way up the bank to the level of partner, and Hilton Price’s career followed this course. In 1887, the year before his father died, Frederick George Hilton Price was promoted to fill a vacancy in the partnership. 14 years later, in 1901, he became senior acting partner. He retained that position until his death in 1909.

In 1879 Hilton Price was one of the original members of the council of the Institute of Bankers, of which he was later deputy chairman. He also served on the council of the Central Bankers’ Association (a predecessor of the British Bankers' Association).

 

Other interests and activities

Hilton Price was an enthusiastic amateur historian, archaeologist and collector. In all these fields, he wrote and published meticulously researched and ground-breaking articles.

History

Child & Co itself was one of the earliest-established banks in England, and Hilton Price developed a keen interest in its history. One of his earliest-published monographs told the story of Child & Co and its premises. He returned to the subject later in his book The Marygold by Temple Bar (1902).

He wrote books on the old street signs of the City of London and on the early history of banks and banking in London, both of which remain important today as works of reference.

Many of Hilton Price’s publications were reports of work in progress rather than completed investigations. His own copies of his publications – some of which are held in The Royal Bank of Scotland Group’s archives – are copiously annotated with further information, some of which went on to appear in later editions of his works.

Archaeology

Hilton Price explored and sometimes excavated numerous archaeological sites in England and Wales, and wrote numerous papers recording and analysing his findings.

When Child & Co’s Fleet Street premises were demolished and rebuilt in the late 1870s, Hilton Price undertook an excavation of the site. He published accounts of his findings in the 1890s. It is probable that it was his discoveries about the history of the site that led to the inclusion of unusual vaulted ceilings within the bank’s new premises.

Collecting

Hilton Price was an avid collector with a wide range of interests, including English (particularly London) and Egyptian antiquities. Among his most notable collections were important sets of spoons, coins and fossils.

Many of the fossils in his collection derived from the Gault formation of Folkestone, on which he became an expert and wrote a substantial number of articles. Another of his articles related to fossils discovered during the excavation of the site of the new Law Courts in the Strand, almost opposite Child & Co.

He exhibited, and published a catalogue of, his collection of Egyptian antiquities.

He donated some items from his collections to museums during his lifetime. Others were sold after his death. As a consequence, numerous items formerly in Hilton Price’s possession can now be found in various museums, including the British Museum, the Museum of London, the Victoria & Albert Museum and the Pitt Rivers Museum.

Memberships and offices held

Hilton Price was an active member and office holder in numerous historical, archaeological, geological and zoological societies, including:

  • Society of Antiquaries (fellow and director)
  • Royal Geographical Society (fellow)
  • Anthropological Institute (vice president and treasurer)
  • London Topographical Society (president)
  • Geological Society (fellow and council-member)
  • Geologists’ Association (treasurer)
  • Zoological Society of London (fellow and vice president)
  • Royal Numismatic Society (fellow and vice president)
  • Society of Biblical Archaeology (council member and vice president)
  • Egypt Exploration Fund (president)

Publications

Hilton Price wrote numerous journal articles, monographs and books, including:

  • Temple Bar: or some account of 'ye Marygold,' No. 1, Fleet Street, London (London: Taylor and Francis for London & Middlesex Archaeological Society, 1875)
  • A Handbook of London Bankers (London: Chatto and Windus, 1876)
  • The Signs of old Lombard Street (London: Field and Tuer, Leadenhall Press, 1887)
  • A Handbook of London Bankers with some Account of their Predecessors the Early Goldsmiths (enlarged edition) (London: Leadenhall Press, 1890–91)
  • A Catalogue of the Egyptian Antiquities in the Possession of F G Hilton Price (London: Bernard Quaritch, 1897)
  • The Signs of old Lombard Street (London: The Leadenhall press, 1902) (revised edition)
  • The Marygold by Temple Bar (London: privately published by Bernard Quaritch, 1902)
  • Old Base Metal Spoons (London: B T Batsford, 1908)

 

Family life

On 5 November 1867 Hilton Price married Christina (1842-1928), daughter of William Bailey of Oaken, near Codsall, Wolverhampton, Staffordshire. They had two children together:

  • Etheldred Louisa Hamilton Price, 1871-1965
  • Wilfrid George Hilton Price, 1874-1953

The family lived successively in Paddington, Marylebone and, at the time of Hilton Price's death, at 17 Collingham Gardens, South Kensington.

 

Death

Frederick George Hilton Price died on 14 March 1909 at Cannes, France, following an operation. An obituary declared that he had been a man who had ‘an intimate knowledge of business, of wide culture [and was] possessed of a fine presence and of genial disposition’.

He was buried at Finchley, London, in a plot adjoining his father’s grave.

 

Summary of our archive holdings

  • Notebook labelled ‘Index of some accounts in the oldest ledgers’, compiled by FG Hilton Price, late 19th century
  • Scrapbook entitled ‘History of Temple Bar’, probably compiled by FG Hilton Price, c.1877
  • Notebook labelled ‘List of autographs on vouchers - Child's’, compiled by FG Hilton Price, 1879
  • Scrapbook relating to the history of Child & Co, the Child family and the bank’s premises and surrounding properties, probably compiled by F G Hilton Price, 1882
  • Proofs and copies of various articles and books written by FG Hilton Price, 1875-1902

 

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