Originally published in the Seattle Post-Intelligencer, May 2, 1904
Contrary to a report quite generally circulated, the Black Diamond coal mines have not been sold to the Pacific Coast Company. Such is the statement made yesterday by J.C. Ford, vice president and general manager of the Pacific Coast Company.
“Negotiations have been pending for the past year,” explained Mr. Ford, “but have not been brought to a close. I do not even know that the purchase will be made. Nothing is settled yet.”
The report mentioned was to the effect that the mines had been purchased by the company on Saturday, and the consideration was $1,000,000. The properties are owned by the Black Diamond Coal Company, and the product is claimed to be the best steamship coal on the Coast.
The mines are located at Black Diamond, on the line of the Columbia & Puget Sound Railroad, a Pacific Coast property. Seven other mines in this state are owned by the corporation.
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