Northern Pacific Railroad Company signed by Jay Cooke and C.D. Barney

Northern Pacific Railroad Company stock printed by National Bank Note Co. New York. Signed on back by Jay Cooke, Sr. and C.D. Barney.


Jay Cooke (1821-1905), Banker. A chance move to Philadelphia as a result of the panic of 1837 determined Jay Cooke's future career, with his eventually ending up as a partner in the distinguished banking house of Clark & Company in that city. Retiring as a wealthy man in 1857, he could not stay idle long, and founded Jay Cooke & Company in 1861, destined to become one of the most widely known banking houses in the country.

Charles D. Barney (1844-1945) was an American stockbroker. Born in Sandusky, Ohio, Barney married the daughter of prominent Philadelphia financier Jay Cooke. Following the collapse of his father-in-laws Philadelphia banking house, in December of 1873 Charles D. Barney and Jay Cooke, Jr. as a minority partner, formed the stock brokerage firm, Chas. D. Barney & Co. In 1938, Charles D. Barney & Co. and Edward B. Smith & Co. merged to form Smith Barney & Co.

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Collectible Northern Pacific Railroad Stock Certificates

In 1864, President Abraham Lincoln signed into law the Northern Pacific’s charter making it the beneficiary of the largest government railroad land grant in American history. This grant would eventually include over forty million acres and a vast extinguishment of Indian land titles. The original incorporators, led by the tireless advocate Josiah Perham set out to link Lake Superior to Puget Sound. It would take nearly twenty years and countless heartaches and setbacks until the final spike completing the line was ceremoniously driven on September 8, 1883 fifty-five miles west of Helena, Montana.

The history of the Northern Pacific's growth as an entity is filled with the stories of western legend and Wall Street intrigue. From the white-collar offices of New York investment bankers to the lowliest Chinese coolie worker grading the road, the construction of the Northern Pacific was fraught with danger. Indeed, the early engineering parties were protected by none other than George Armstrong Custer as the railroad cut a swath through lands of the Sioux and other Indian tribes. As Indian lands shrank, opportunity grew for the capitalist white man. And a mesmerized Wall Street continued to pour millions upon millions more into the new frontier which offered untold potential riches, as well as some of the greatest financial risks ever taken by the investment community. As one of the largest corporate undertakings of the 19th century, the Northern Pacific’s development attracted many of America’s most well-known financiers, bankers, industrialists, and businessmen from virtually every imaginable pursuit.

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com A foreign antique stock and bond company.

Collectible Railroad Bonds and Jay Cooke

The nation was slowly healing its wounds and recovering from the disastrous effects of the Civil War. Visionaries of the period looked to the future and the opportunities available in a recovering nation’s expansion. Naturally so, men of stout hearts looked West, and so it is no surprise that the man who successfully orchestrated the Union effort in selling bonds to finance the war turned his eye toward his next great challenge, the resurrection of the Northern Pacific Railroad.

After years of failed attempts at financing the road, the future of the company lie in doubt. Jay Cooke arrived on the scene, successfully lobbying Congress for legislative change which would facilitate his grand plan for financing the construction of the road. Thus the first tracks of what would become America’s second transcontinental railroad were laid. As construction continued, rising costs necessitated the need for constantly growing amounts of capital and Jay Cooke boldly took the lead. His optimism for the costly project exceeded even his firm’s abilities to muster the financial resources to continue in the face of ever-increasing fears of failure by the banking community.

Ultimately, with Jay Cooke & Company’s fortunes closely tied to the Northern Pacific Project, the firm failed and was forced into bankruptcy and in some part, contributed to the onset of the financial panic of 1873.

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Northern Pacific RR Charles Sanger Mellen Signed

Railroad executive Charles Sanger Mellen's (1851-1927) early career involved New England Railroads, then the Union Pacific. His close ties with J. P. Morgan obtained him the presidency of the Northern Pacific in 1892.

In 1904, a serious consultant to President Roosevelt. Later returning to the New Haven, he nearly succeeded in monopolizing the transportation system of New England and became president of both the Boston & Maine and the Maine Central. (Today Guilford Transportation is owned by Timothy Mellon and he now owns both of the same railroads. He is the grandson of Andrew Mellon).

Due to serious train accidents, the Interstate Commerce Commission called the Mellen management “one of the most glaring instances of maladministration.”

This beautiful 1896 $1,000 Gold bond with superb vignettes has a nice very slightly cancelled signature of Mellen as President. His signature is very rare on this bond. An important autograph. Excellent condition.

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Northern Pacific RR James H Hill Signed

James Norman Hill (1870-1932), Railway Official, first son of James Jerome Hill, famous railroad builder and President of the Great Northern Railway. Known as the "Empire Builder" James N., a Yale graduate in 1893, began his railway career as a clerk. In 1907, Hill was Vice President of the Northern Pacific Railroad as well as President of United Securities Corporation and trustee of Great Northern Iron Ore Properties.

This 1896, 4% $1,000 Gold Bond of NY is signed by James N. Hill as president and is lightly hole cancelled. Printed by American Banknote Co., NY. Rare! Stocks signed by Hill's father James J. Hill can sell for as much as $10,000! This bond is exceptional and so rich in history.

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Story of Jay Cooke

The nation was slowly healing its wounds and recovering from the disastrous effects of the Civil War. Visionaries of the period looked to the future and the opportunities available in a recovering nation’s expansion. Naturally so, men of stout hearts looked West, and so it is no surprise that the man who successfully orchestrated the Union effort in selling bonds to finance the war turned his eye toward his next great challenge, the resurrection of the Northern Pacific Railroad.

After years of failed attempts at financing the road, the future of the company lie in doubt. Jay Cooke arrived on the scene, successfully lobbying Congress for legislative change which would facilitate his grand plan for financing the construction of the road. Thus the first tracks of what would become America’s second transcontinental railroad were laid. As construction continued, rising costs necessitated the need for constantly growing amounts of capital and Jay Cooke boldly took the lead. His optimism for the costly project exceeded even his firm’s abilities to muster the financial resources to continue in the face of ever-increasing fears of failure by the banking community.

Ultimately, with Jay Cooke & Company’s fortunes closely tied to the Northern Pacific Project, the firm failed and was forced into bankruptcy and in some part, contributed to the onset of the financial panic of 1873.

George H. LaBarre Galleries - Collectible Stocks and Bonds.

Jay Cooke and the Northern Pacific Railroad Company

The nation was slowly healing its wounds and recovering from the disastrous effects of the Civil War. Visionaries of the period looked to the future and the opportunities available in a recovering nation's expansion. Naturally so, men of stout hearts looked west. Thus, it is no surprise that the man who successfully orchestrated the Union effort in selling bonds to finance the war turned his eye toward his next great challenge, the resurrection of the Northern Pacific Railroad.

After years of failed attempts at financing the road, the future of the company lie in doubt. Jay Cooke arrived on the scene, successfully lobbying Congress for legislative change which would facilitate his grand plan for financing the construction of the road. Thus the first tracks of what would become America's second transcontinental railroad were laid. As construction continued, rising costs necessitated the need for constantly growing amounts of capital and Jay Cooke boldly took the lead. His optimism for the costly project exceeded even his firm's abilities to muster the financial resources to continue in the face of ever-increasing fears of failure by the banking community.

Ultimately, with Jay Cooke & Company's fortunes closely tied to the Northern Pacific Project, the firm failed and was forced into bankruptcy and in some part, contributed to the onset of the financial panic of 1873.

The Northern Pacific Railway

The Northern Pacific and its various branch and subsidiary lines contributed in large part to the opening of the Northwestern United States. Vast natural resources including minerals and timber were tapped.

Immigrants traveled from around the globe seeking better opportunity and indeed, many fortunes were won by those who barely spoke a word of English upon their arrival in America.

The numerous frontier boom and bust towns which sprang up along the NP and its branch lines remain today as a testament to its importance in America’s history.

The Northern Pacific Railroad opened the opportunity for many to realize the American Dream. As such, its story offers us one of the finest examples of the human spirit to realize that ideal.

Northern Pacific Railroad

The nation was slowly healing its wounds and recovering from the disastrous effects of the Civil War. Visionaries of the period looked to the future and the opportunities available in a recovering nation's expansion. Naturally so, men of stout hearts looked west. Thus, it is no surprise that the man who successfully orchestrated the Union effort in selling bonds to finance the war turned his eye toward his next great challenge, the resurrection of the Northern Pacific Railroad.

After years of failed attempts at financing the road, the future of the company lie in doubt. Jay Cooke arrived on the scene, successfully lobbying Congress for legislative change which would facilitate his grand plan for financing the construction of the road. Thus the first tracks of what would become America's second transcontinental railroad were laid.

As construction continued, rising costs necessitated the need for constantly growing amounts of capital and Jay Cooke boldly took the lead. His optimism for the costly project exceeded even his firm's abilities to muster the financial resources to continue in the face of ever-increasing fears of failure by the banking community. Ultimately, with Jay Cooke & Company's fortunes closely tied to the Northern Pacific Project, the firm failed and was forced into bankruptcy and in some part, contributed to the onset of the financial panic of 1873.

Puget Sound and Alaska Steamship Co.

Operating from 1889-1904 as a subsidiary of the Northern Pacific Railroad, the Puget Sound and Alaska Steamship Company ran a steamship line from Tacoma servicing Puget Sound and Alaska. A number of prominent investors owned shares in the company.

We have two in stock, one highly collectible issued to and signed by J. D. Rockefeller and unissued certificates in brown or green.

Contact George, 1-800-717-9529, for special wholesale prices on unissued certificates.