Carl M. Loeb

Carl Morris Loeb (1875–1955) was a German-born American businessman who served as the president of the American Metal Company and the founder of Carl M. Loeb & Co, which became Loeb, Rhoades & Co. in 1938.

Early life and education Carl Morris Loeb was born to a middle-class Jewish family on September 28, 1875, in Frankfurt, Germany, the son of Minna (née Cohn) and Adolph Loeb. His parents were dry goods merchants and he had one older brother, Julius, and one younger sister, Ella. The company later merged with Rhoades & Company, a company that was hit hard during the Great Depression and needed capital to bolster its position, to form Loeb, Rhoades & Co. in 1938.

Personal life

On November 12, 1896, Loeb married Adeline Moses, daughter of Alfred Huger Moses; they had four children:

Margaret Loeb Kempner (born 1899), who married stockbroker and publishing executive Alan H. Kempner and whose children are managing the family business bearing the surname of Kempner. John Langeloth Loeb Sr. (born 1902), co-founder and president of Loeb, Rhoades & Co., who married Frances Lehman Loeb, a granddaughter of Mayer Lehman, one of the three co-founders of Lehman Brothers, Carl M. Loeb Jr. (born 1904), investment banker and founder of the National Crime Prevention Council. Henry A. Loeb (born 1907), investment banker.

Loeb died January 4, 1955, in New York City.