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Neva Suburban Horse-Railway Company

Акционерное Общество Невской Пригородной Конно-Желѣзной Дороги
Other city spellings: St.-Pétersbourg, Petrograd, Pétrograde

Formed in 1878 in St. Petersburg. Initial capital was 225,000 roubles in shares of 100 roubles. In 1887, capital was increased to 325,000 in shares of 100 roubles – though the shares were only issued in 1899. The company operated a tram service in St. Petersburg.

1878

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REF. NO. DENOMINATION DESCRIPTION NO. ISSUED CONDITION VALUE
101 1 share 1878? 2250? – £-
104 1 share 1899, ? ? – £-
105 5 share 1899, ? #0287-91 – £5000
 Image courtesy of Boone Auctions
106 10 shares 1899, blue & red ?
#1332-41		 VF €6,435 Boone Oct 2021

Description

A first horse-drawn tramway on the Nevsky Prospect, one of the most important roads in St. Petersburg, was planned in 1862. The 3 km. line opened in 1863. More lines were soon opened and the line became quickly known as the ‘Konka’. From the 1870s onwards, two-story wagons were used with the upper deck being open (and thus cheaper: 3 kopecks versus 5 kopecks). For reasons of decency, women were not allowed to climb the stairs to the upper deck.

The firm became a joint-stock company in 1878. At that point, the company already operated 30 lines with a total length of 160 km. In 1882, the first steam locomotive was put in place. By 1899, the company owned 17 locomotives, operated from Germany (Krauss) and Belgium (Cockerill). In the 1880s, the mainland was connected with the St. Petersburg Islands by laying tracks on the frozen Neva River during winter time. In 1906, 106 million passenger tickets were sold. Four years before, the City took over a majority of the shares in the company. However, the stock corporation continued to exist, but under urban control. (Source: Boone Auctions October 2021)

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