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Bank of the Delaware and Hudson Canal Co. - Stock Certificate - Shipping Stocks For Sale
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Bank of the Delaware and Hudson Canal Co. - Stock Certificate - Shipping Stocks:
$225.00
New York State 4 1/2 per Cent. Stock. Early & Rare! The Delaware and Hudson Canal was the first venture of the Delaware and Hudson Canal Company, which would later build the Delaware and Hudson Railway. Between 1828 and 1899, the canal\'s barges carried anthracite coal from the mines of northeastern Pennsylvania to the Hudson River and thence to market in New York City. Construction of the canal involved some major feats of civil engineering, and resulted in the development of some new technologies, particularly in rail transport. Its operation stimulated the city\'s growth and encouraged settlement in the sparsely populated region. Unlike many other canals of that era, the canal remained a profitable private operation for most of its existence. The canal was declared a National Historic Landmark in 1968. The canal was abandoned during the early 20th century, and much of it was subsequently drained and filled. Some fragments remain in New York and Pennsylvania. Read more at Item ordered may not be exact piece shown. All original and authentic.
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