Rensselaer Republican, Volume 19, Number 38, Rensselaer, Jasper County, 26 May 1887 — Value of a Natural Gas Well. [ARTICLE]

Value of a Natural Gas Well.

The Simons gas well, owned by one of the Toledo companies, has lately been accurately measured and its exact capacity determined. This is shown to be 12,400,000 feet per day. For use as fuel 12,000 feet of gas is eqqal to* one ton of the best bitumious coal. By this reckoning the daily product of this one well is equal to 1,033 tons of coal; 7,321 tons per week; 376,012 tons per year. One well m supposed to draw from about eight acres.—Ex. ■ If the above statements are correct there must be gas enough’ now going to waste in Indiana every day to equal in value not less than 10,000 tdns of cool, worth say $20,000 a day, or $7,300,000 a year.

An erronious impression prevails quite generally that unsealed letters are carried through the mails for one cent postage. This is a mistake. No private or personal communication, except drop letters, can be sent through the mails for one cent, other than those written upon postal cards. Printed circulars, which are general in their terms, are carried for one cent, when enclosed in unsealed envelopes, but no written communication.

E. H. Wilson, of the Toledo, Ohio, Oil Company, is a. typical oilman. He was brought up in the oil regions of Pennsylvania, and used to dip petroleum from the voters of Oil creek, on a canvas frame, to sell for medicinal purposes,.long before the use of coal oil became general for other purposes. He has drilled innumerable wells in this country and many in other and the remotest the earth. In the Baku region of Russia, in Egypt, in Mexico and in South America. He is the sole survivor of a. pfcrty of six which were blown up by a. premature explosion of a nitroglicerine torpedo. He bears over a.hundred scars as tokens of this explosion,, which laid him up for four years. One eye is gone and one leg was broken in five places. The remains of the man who was handling the torpedo were buried in a cigar box, and not crowded for room. ■

Notice to the members of the Methodist Episcopal Church Es-pecially-Having been requested since my announcement on last Sunday was made, to .deliver, a Memorial Sermon on next Sunday, the communion Service previously announced will be deferred until the Sunday following but the baptismal service announced for the afternoon of next Sunday will be held as announced at 3 o’clock. Respectfully,

D. HANDLEY.

John M. McCallan, of Indianapolis, agent for Lovett, Ellis & Co. whose central office is in Indianapolis, was in town last Saturday, in the interest of his company.. The object of the company is to find gas at the nearest possible point to Chicago, and to pipe the same to that city. They wish to obtain oil and gas leases on large tracts of land in this vicinity.* They have already secured leases near Marlborough, in this county, and Lee, in White county. Mr Lovett, the president of the company has lately looked over the ground near Marlborough and Lee and thinks the lay of the ground a very favorable indication for gas.