Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-12-30
Ligns on the Gas question.

The Cincinnati Gazette Is yentilatng the gas
question. The Gas Company Of that city Is en-
deavorlng 70 secure contiuuance Of their mo
nopolY for ten years az price based upon the
present extraordinary condition Of Affairs, and
committee of the council Of that city has recon
mended the contract The Gas Company Of our
city il also endeavoring to secure a continuation
of their privileges, based upon the present iEfa-
ted prices. The people, before granting an ex-
teE.ion of the charter Of the company, should
inform themselves Of the demands Of the compa
ny. and the claims upon which they are based
II exclusive privileges are granted tie present
corporation. al competition of similar eharac-
ter will be cut OF. and hence they will have to
submit, 10 a high price for gas for years 20 come.
or substitute some less convenient bat cheaper
Illuminating material. The Gazette says. forci
bly,, there Is not an intelligent man in Cincin
natl that would be willing. fer hiGself, to con
tract for any product. for ten years, at price
these times. Yet IL i proposed to saddle a coz
tract Of this kind upon the people Of Cincinnati 4"
And our Gas Company is endeavoring to impose
similar contract upon the people Of Indanapo-
lie, under like circumstances.
We copy from the Gazette the folloring facts
and figures in regard to the cost Of producing
gas. to which we direct the attention OF those
interested
"For information upon this point we are de
pendent upon the report OF the Pittsburg Gas
Company. and facts kindly furnished by officers
of that corporation. which Is partially owned and.
within certain limits. controlled BY the city OF
Pittsbprg.
'"The Pittsburg Gas Company consumed du-
ring the year ending June 30. 1864. 26s SIS
bushels of coal. and produced s5,09I 500 cubic
feet OF Illuminating gas. The production is
1864 feet to the bushel OF coal The Cincin
natl Gss Company, We are informed, produces
33j 80 100 feet to the bushel, BY using improve
ments in the manufacture. which are not prac
ticed at Pittsburg. The net cost Of manufactur
ing gas at Pittsburg is 1852 cents per l.OOt
cubic feet The cost, Including salaries ex
penses Of all kinds, repairs. State taxes, &c, ~
e007 cents per 900 cubic feet. The tota
cash receipts during the year were Sl4S. 6S5 As
including a balance from the previous year o
1850 so The dividends paid were S37 $50
and me balance carried over, after pa wing SIl
729 a. excise tax, in excess Of the amount re
eeived from consumers. was SIS, 23S 81. Be
sides this l2,OOO.OOO cubic feet were furnished
the city without charge. and 1903 cubic fee
Was sold to the city at Csc per 900 cubic fee,
Had The city of Pittsburg paid at the rate o
81 co per 900 feet for the - 900. 900 feet fur
nishcd tree. IL would have added $40 900 to tn
profits OF the Company and including this, tb
net profts for the year would foot up follsws
Excess OF balance. ......s...!.S 6,353 4
Dividends 81 $50 On
Retail price of free gas.......... 10 900 0
Excise tAt ....s.....s... ..s..,..s ll,iZ5 "
Total profits. 5,2i7 g.
Here is profit Of over SIS 900 on a bushes
the cash receipts of which may be stated "a Col
lows:
Gas sold. ACKNOWLEDGEMENTS. .$ilO.353 o.
coke. tar. &c. .................. 2545l o.