A new figure appeared in the coal industry last week when Prestcoke Corp. of Chicago formally opened its first plant. In at one end went bituminous coal, out at the other came shiny briquets, while coal dealers and the Press watched and listened to the high hopes of the promoters: Clarence S. Lomax, inventor; Charles Edison Poyer, grandnephew of Thomas Alva Edison; Thomas Hitchcock Jr., international polo captain. The infant company asserts it has found the long-sought low-temperature distillation process for converting bituminous into a...
To continue reading:
or
Log-In
