The remains of the Iron Works at Furnace Bank are now located in a builder’s merchants yards and were built by Robert Morgan in 1748.
[1] The proceedings of the Great Sessions held at Glamorganshire on 22 March 1796, indicate that a man named John Watkins, employed as a guard on the Cardiff mail coach to Swansea, was charged and convicted of grand larceny.
Messrs. Morgan, bankers at Carmarthen, gave evidence that they sent to London for a remittance in cash which was packed in a box and sent down in the mail coach.
John Watkins denied the theft, but on a constable saying that ‘he must have been the man for that basket in which the money was packed was found in his house’, he gave himself away by replying ’No, that cannot be true , for there was no basket about the money.’ This evidences the fact that the bank was carrying-on business, and was established before, 1796.
[1] The letter written in 1899 by Mrs C. I. W. Morgan also states that the bank was afterwards sold to Mr. David Morris of Carmarthen.