Utica & Mohawk Valley Railway Stocks & Bonds - Ghosts of Wall Street

Utica & Mohawk Valley Railway

8 products
    The Utica and Mohawk Rail Road Company was incorporated in New York on January 8, 1874. The company operated 2.75 miles of track from Genessee Street to Utica Park. Company offices were located at the corner of Bleecker and Charlotte Streets in Utica.

    On November 27, 1901 the line was merged with the Utica Belt Line Street Railroad Company to form the Utica and Mohawk Valley Railway Company.

    Two days later, the Utica and Mohawk Valley Railway Company acquired the following lines:
    • Utica Suburban Railway Company
    • Deerfield and Utica Railroad Company
    • Herkimer, Mohawk, Ilion and Frankfort Electric Railway Company
    • Frankfort and Utica Street Railway Company
    • Little Falls and Herkimer Street Railway Company

    In 1912, it was purchased by the infamous New York State Railways conglomerate. New York State Railways was formed in 1909 when the New York Central Railroad consolidated its previously purchased Rochester Railways, serving that city, plus the Rochester & Eastern Rapid Railway and Rochester & Sodus Bay interurban companies. In 1912 it added the Rochester & Suburban Railway, the Syracuse Rapid Transit Railway, the Oneida Railway, and the Utica & Mohawk Valley. In effect, the big steam railroad system then monopolized local and intercity passenger business along its Mohawk Valley mainline.

    Patronage on the streetcar and interurban lines declined in the 1920s, thanks to autos, buses, and paved roads -- but the electric utilities owned by the company grew. As a result, in 1928 the New York Central sold its control of the New York State Railways system to what became the Associated Gas & Electric Company. No sooner had this happened than the stock market crashed, and on December 30, 1929, the company was put into receivership. Afterward the interurban routes were abandoned along with many unprofitable city and suburban routes. Streetcar service was abandoned on the U&MV in 1933. Bus service continued under the name Copper City Bus Line.
    8 products
    Utica and Mohawk Railroad Company Stock Certificate
    Utica and Mohawk Railroad Company Stock Certificate
    Utica and Mohawk Rail Road Company
    $35.00
    Utica and Mohawk Rail Road Company Stock Certificate
    Utica and Mohawk Rail Road Company Stock Certificate
    Utica and Mohawk Rail Road Company
    $19.00
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    Utica and Mohawk Valley Railway Company Bond Certificate
    Utica and Mohawk Valley Railway Company Bond Certificate
    Utica and Mohawk Valley Railway Company
    $39.00
    Utica and Mohawk Valley Railway Company Stock Certificate
    Utica and Mohawk Valley Railway Company Stock Certificate
    Brown Green Orange Olive
    Utica and Mohawk Valley Railway Company
    $9.00
    Utica Belt Line Rail Road Company Stock Certificate
    Utica Belt Line Rail Road Company Stock Certificate
    Utica Belt Line Street Rail Road Company
    $45.00
    Utica Belt Line Railroad Company Stock Certificate
    Utica Belt Line Street Railroad Company
    $12.00
    Utica Belt Line Railroad Company Stock Certificate
    Utica Belt Line Street Railroad Company
    $55.00
    Utica Suburban Railway Company Stock Certificate
    Utica Suburban Railway Company Stock Certificate
    Utica Suburban Railway Company
    $19.00
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