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Encyclopedia Dubuque

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GALENA, DUBUQUE, DUNLEITH AND MINNESOTA PACKET COMPANY

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Revision as of 20:48, 13 March 2011 by Randylyon (talk | contribs) (New page: GALENA, DUBUQUE, DUNLEITH AND MINNESOTA PACKET COMPANY. Beginning operations in 1847 with one steamboat, the Argo, the "Galena Line" as it was called purchased other boats and consolidated...)
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GALENA, DUBUQUE, DUNLEITH AND MINNESOTA PACKET COMPANY. Beginning operations in 1847 with one steamboat, the Argo, the "Galena Line" as it was called purchased other boats and consolidated with other packet companies to furnish a large and powerful transportation organization to the upper MISSISSIPPI RIVER prior to the CIVIL WAR. By 1863, however, economic depression, low water levels, and rate wars had reduced the value of the company's capital stock to the point that it no longer existed independently.

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