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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.
In 1792, the Lehigh Coal Mine Company (LCMC) was founded. [3] It was incorporated the following year, in 1793, and the company also acquired 10,000 acres (4,000 ha) [3] in and around Panther Creek Valley and Pisgah Mountain, [3] and the aim of hauling anthracite coal from the large deposits on Pisgah Mountain near what is now Summit Hill, Pennsylvania, to Philadelphia via mule train to arks ...
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 ...
The club's move to the Lehigh Valley brought the franchise closer to Philadelphia and the Phillies' large Lehigh Valley fan base. The team's name is a reference to pig iron, which is used in steelmaking for which the Lehigh Valley area is known worldwide. Groundbreaking ceremonies for Coca-Cola Park were held September 6, 2006, and construction ...
The largest city in the Wyoming Valley is Scranton, with a population of 77,291. The whole structure of the section is a double plunging syncline with sharp mountain ridges on either side of the valley. The ridges meet just north of Carbondale. The North Branch of the Susquehanna River and the Lackawanna River flow through this valley. Large ...
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