3155

Citizens Steam Navigation Company on Blue Wells, Fargo & Co., Bankers Check, San Francisco [123745]

Currency:USD Category:Collectibles / Paper Start Price:100.00 USD Estimated At:200.00 - 300.00 USD
Citizens Steam Navigation Company on Blue Wells, Fargo & Co., Bankers Check, San Francisco [123745]
SOLD
225.00USDto R******r+ buyer's premium (56.25)
This item SOLD at 2021 Dec 19 @ 10:44UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping is subject to a minimum charge of $19.00. Shipping and handling cannot be estimated prior to invoicing as it is based on the size and weight of your purchase. Additional shipping and handling costs, if required, will be re-invoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size.SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size a...
Gold Rush! Number 79 issued to CW Barr for $190.00. Signed by agent Chapman. In an effort to stabilize rates and keep themselves profitable. the steamboat owners and pilots organized the California Steam and Navigation Company on March I, 1854. Essentially a monopoly (there were no anti-trust laws at this time) it set rates for freight and passengers sailing the Sacramento and San Joaquin Rivers. Still. there were some who felt the CSNC rates were unfair. Because Marysville was in competition with Sacramento for trade in the northern mines, her merchants resented the higher rates charged them. Not to be outdone. they organized their own shipping company the "Citizens' Steam Navigation Company" - also known as "The Opposition. The competition between CSNC and the Citizens' Steam Navigation Company was intense if brief. Their interests centered around the large steamer Queen City soon joined by the large steam-wheeler Young America. Both companies lost much money; a compromise was reached where the Queen City was subsidized by the CSNC. [HISTORICAL SITES AND SHIPWRECKS ALONG THE SACRAMENTO RIVER]


Date: 1854
Country (if not USA):
State: California
City: San Francisco
Provenance: