That's where Kingsford charcoal came from. The woody body factory would always end up with lumber scraps from the production, so when asked by King Henry what could be done to make money off those scraps, they came up with making charcoal for various uses. The most popular took many years to catch on, but once white gas started getting used in camping, and charcoal briquets were used to make fast fires, marrying the two made for easy backyard char grilling.
I hope you find a vintage bag of charcoal dating back to 1949. Then, we can place bets, to see if you get tempted to barbecue with it or leave it closed for speculative purposes