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 iron and received it in 1837. By the time the patent was sealed, Yniscedwyn was producing about 35 tons of iron using anthracite only as a fuel. Inspired both by Geisenhainer and Crane (whose success was closely followed by the LC&N), experiments in the US continued. Baughman, Guiteau and Company used an old furnace near Mauch Chunk to produce some anthracite iron during late 1837. They built another experimental furnace nearby, which was worked for about two months during fall and winter 1838 and for some time in 1839, but mechanical deficiencies led them to abandon the furnace at the end