History of anthracite coal mining in Pennsylvania competition with the Schuylkill Navigation Company, until the Reading Railroad eventually leased out the Schuylkill Navigation Company in 1870. The Delaware, Lackawanna & Western Railroad would become the major carrier of anthracite from the northern fields to NYC (Dublin, Licht, 15-17). While the extensive railroad systems made transporting more efficient, they also lowered the price of coal in distant markets such as Philadelphia and NYC relative to the prices in areas surrounding the mines. In 1840 the wholesale price of anthracite in Philadelphia relative to the mine price was 3.6, and by 1864 the ratio was 1.3. A similar drop
Anthracite Bank Building For several years beginning in 2002, the building served as the Anthracite Inn Bed & Breakfast operated by owner Donald Serfass. It was added to the National Register of Historic Places in 1978. Anthracite Bank Building Anthracite Bank Building, also known as The Beard Building, is a historic former bank building located at Tamaqua, Schuylkill County, Pennsylvania. It was built in 1850, and is a three-story, three bay wide, brick building in the Italianate style. The first floor exterior is white marble. It housed Tamaqua's first financial institution until 1865. It later served as home of Civil War hero Col.