The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-05-13

The average ~ which doubtless will bc found
below the dSDu by tho whole number that pay
regular dividends " take on ten per ri the
produced by tho "A separate companies IN tSl gas
works the average In distribution, they will get
pay about 900 600 900 cubic feet and taking 81 10
thousand cubic feet the for
and 81 70 per thousand cub feet the
one third We have the enormous sum In receipts
| from Gas alone Of $50, $50 600 In addition to this
sum there canno. be received for surplus coke
ton, less than $3.50, 900 more, making tho gross
receipts, exclusive OF tho rental OF meters,
f37 900 900 The dividends OF two hundred and twenty
four companies just enumerated amounted last to
SO $50 600 leaving two hundred and eight companies.
rsentng aggregate nominal capital OF sl 800 $50
from whic we have no returns II these two hundred
and eight companies paid 81 500 900 In dividends equal
10 the two hundred and twcntyonr tho total amount Of
dividends OF tour hundred aud thirty four gas
would be "a, 500, 900 Ia a single year.
The cost OF making gas varies materially In different
sections Of tho Union, depending upon the distance from
such coal neld In tins country ~ arc suitable for max
ing gas and the seaboard for foreign Goals The average
Of Goals In the yards OF several OF largest
works in twelve cities for the past eli 20 per
ton OF 22t0 pounds Ono ton Of good coal will yield
from 900 TO 600 cubic feet ~ from the purncra
Taking 500 cubic feet tho basis Of production and
adding 81 20 the cost Of labor and tho lime used In
punhca,on, have approximate result SIC tho
cost OF the materials for producing $500 cubic feet Of
gas or 81 IS per 100 THIS would amour, TO
SIS s23 1853 for the whole production OF tho 452 works
eaviug in not profits tlsi7o,37 from which deduct
dividends declared and estimated a. 500 600 and We
have surplus OF si3si03i7, half Of which would be
absorbed by repairs mains aud services salaries
., o,er; ana e, ,oe go a., sIpsnsss
serve, equal 70 about thirteen per cent Of the capital
invested
readers that there ~ no more profitable business
taking series of year, together than the manufacture
of gas and looking forward 10 ~ general introduce
ton since less than one quarter ~ the population enjoy
ia bcnchts II becomes important question with
whether the price. charged for gss throughout
the country Will not bear considerable reduction and
then return for the capital invested quite a. profitable
results could be obtained by ~ empIoymen, Ia any
other branch Of business II may he true that many
a h4vn
shown while the other hand othcrS far exceed them
enabling most ~ tho largo companies 20 accumulate an
enormous reserve fund and this fact being known ony
fes has been the means % concentrating the stock
Of such corporations into the bands u favored indisi
uas
PKrRoLXuN Gas AND COAL Gas coSrHAsTsp
In referring 10 any article 81 winch petroleum h
component part The nr. inquiry hAi VIZ ,agscs' h.cI
In the gass la reply To this unable 10 discover
any difference from coal All gases will explode when
confined and brought In contact With nr~ The large
of carbon present petroleum gas prevents The
absorption Of oxygen fast In coal gss which 10 n
lighter density consequently ~ really less dangerous
Another uncertainty with tho pabIe r. n tho yas IL
made the house whether thsr- are any offensive
odvrs arising from IL From our Investigations should
think might be generated IN psrof without being Oh
jectonable The purifying process 10 coal gas requiring
bydra,e 81 lime, mainly TO remove the saphar which
does not exist In any quantities IN pssfoieum Fe,fo
leum gas xorks owing V their simplicity require lees
skn than coal gas WORKS both IN their construction and
operation.
In larger works not only rom nov oocapef for IA.
storage coal and lime, and with poriner ho.. h
Dispensed with. bu, only about quarter Of the Al
tho furnaces and the yard ~i b. rqgireds tending
H. chsspen the gas
What Is claimed for petroleum sss IL --Fir-i, superior
brilnsney ~ hight seoni ifs economy consumers
third ss.eros 81 fou odors; fourth. i,s sdapAion
fuel 10 culinary purposes
oes that supply Illuminating gas give bsio- sevsrsl
that have been asd a. gas stoss, vita ,sir restss Pro-
one pound Of eo. will yield a cubic foe, u s., On.
pound 81 viii yield 10 cubic fee, o. gao one ogni
o. will yield ~ cubic fee, Of gas pound ~ p,h
.I y.la 70 sss. .s. q sas ses p9asd x ,-'iss sa
Tee, ~ gas psnd ~ prrosur al eubr e., = ga.
A. &c .ad b~forr coal 10 really The only srls ~hlsh
mating sas. ADD this 10 ts.ss.s u fsrsisbs. the
fuel necessary for u aisiisiion. nshsro ga
such articles shove snumsnlsa a. eaa b. parma |
nentiy s1ppnef Tor go rock, In q3antiles that
:, a. ,ln,. vi ls.s,s p,sng, .sppy AZ, asfsrrn e
alton u works be relied upSn Prior 10 the prvssc
ton d petroleum In sush vast g1anu~s oos sts i'is
t~fore ps,rolsam discovered rb.eh go smslts
nsous 9TH cutting % "a. s1ppy ~ pgyiocs fros us
pine tree ~ the rehsipn, tbsrs -u soshns bat tso-
IL Is only within = BRET p~rlcf ths srss g.s from
crude ps,solsun 90 Ia, h~sa Toshi ssfo', W, puene
nor CAVITY of shs sss bslnr is.s soubs ne sss
,l,y q ordinary cal ss.ons Isos.ani feet ~ rhieh
not osly superior "a ismsesH5 "a, 10 nse o. fame,
equal TIRE. tbs sBAesb,e fee, = gss frsa osl Tbs
sipsrm.nis made b. ~ 700 q iail.sess -,sh Nc
suss ,s.s - ps..a ". p-.'.lsss' ss'
eabc t~r hour under prss~sr ma IS
and the bsrnsr ~ Is the r-ssis nxst ~ TO |
rspfies, also ibfossh three fos roDsch tlp bsfDss
CONSUMING thr.~ esb fe~ q p~tsol~sr ssr pr hoas
II pressgre - 0s ~ NE meter, ana o, the barnsg
md The sussgth hSh uss ~gas 70 ~ ~ ossf- sSsss
ogrnsr sn1- py~ssyfs " o. 81 the snf IT
ne bsrnsf ~ oniy - csndi~s shorlns thst the Ia.
snsiiy q The sxst nom ths p<tfosnr gAs 10 lsns<
gr.stes Than from The coal Gas sun anosbsr tssf "a
hsds ~ p&s<nx u- coal rss throasb trsfsst Essrh
~ barna 81 he rate n ave csDe fse. pr hos, snsf
~ n .nf ~ s~f
ne rr~sh un 80 eandis~ rhs p~,rol~9ss gks sss
J>.sr1 urossh the bgrnef q the u thfe~
sfs< fs<t ~ hour eli that cY1ii ~ e1nssrsf " -
ssssA9~-si yve~sss- q ne rr.sss sss 81 rs
tarp>s, And NE rs~es n esbfir~. ssf a. ctJ /