King Coal Offer Promises Big Profits at Low Price
George F. Clement promotes King Coal mine near Issaquah as a 360 acre operation with five veins. claims 5000 tons ready above the tunnel and potential thousands more. He asserts $1.30 per ton mining costs and 40 cent freight to Seattle, projecting $6.30 net per ton and yearly profits of hundreds of thousands on a $100,000 capitalization.