It went bankrupt in 1862 and Ben Holladay who operated a freight business and was later a power in stagecoaches, steamships, and railroads took it over in a sale in 1862. It was made obsolete by the invention of the telegraph and the railroad.
There are 2 reasons why they stopped operating, these reasons are: 1. many were growing weary of these ships due to the fact that they always sunk and, 2. New tecnology was being invented and the steamship was too old for it's time, it had to move on and became discontinued. The same thing happened with the coal trains (well, for #2 that is).
Steamships (APEX)
A decrease use of steamships (apex)
metal and stone
John Fitch
railroads and steamships
An insulator.
in 1794
Steamships
Steamships
Drop it off a balcony