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Argosy and Argonaut salvage plants eyed for coal recovery
The Argonaut Salvage Corporation outlines Plant No 1 at New York City and Plants Nos 2 3 and 4 to recover coal from sunken vessels in Long Island Sound The plan includes surface and submarine boats Argosy and Argonaut III with patented location devices and pumping gear capable of 100 to 1000 tons per hour at depths up to 200 feet The firm argues coal profits exceed salvaging gold and other cargoes due to pumping feasibility and nearport coal stockpiles with projected profits of 10 to 40 dollars per ton.
MENTIONED IN THIS ARTICLE
Mr. Lake
Long Island Sound
Argonaut Iik
Argosy and Argonaut
Lake Torpedo Boat Company
Island Sound
Lo’ Lake
Stratford
Connecticut
England
Brightlingsea
Banglish Channel
English Channel
Europe
Lake
Ane
Norfolk
Baltimore
Philadelphia
New York
Gaston
New
Ingland
Mr Lake
London
Luc