Alaska Anthracite Railroad interest in the coal fell off and with the lack of funds the company tried to reorganize in 1921 as the Alaska Coke & Coal Company. The railroad lasted until 1923 when it went into receivership. Alaska Anthracite Railroad The Alaska Anthracite Railroad Company was formed about 1907 by several people to exploit the Bering River coal fields after the Alaska Syndicate that consisted of M. Guggenheim & Sons and J.P. Morgan & Co. left the area for the Copper River copper. It was after the 1907 winter storm destroyed their Copper River and Northwestern Railway (CR&NW) in the Katalla
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