The Indianapolis journal., 1890-12-18
THE NATURAL-GAS REGION
Elwood Becoming Lively Under Promise
of Development in Big Industries.
Large Excursions Of Capitalists and Others
Going There to Look Over the Ground
and to Invest in Real Estate.

At 9:05 A. NJ. to-day an excursion Of 800
invited guests will leave the Union Station
on a trip to the town Of Elwood, which is
coming into prominence as q proposed
manufacturing center. The excursion has
pany and number of railroad officials,
and the intention is to give every one o
good time. and also an opportunity to see
some openings in the way of real-estate
investments. This land company has
500 acres In and around Elwood. Madison
county, place of about $500
people, fourteen miles from Anderson.
twenty-five miles from Kokomo, and
in the center of the Indiana
gas field. The town is on the Lake Erie
& Western and the Richmond division of
the F., c.. c. & ST. l.. roads. In order to
develop their property the land company
has got the Diamond Plate-glass Company
to locate factory at Elwood. and when
the buildings now under way, and to cover
fourteen acres are completed. will give
work to one thousand employees, making it
the largest lsinglel plate glass works in
the world. The Diamond Plate glass Com
pany already has very large plant in op-
GRAFTON at Kokomo. The headquarters Of
these gigantic enterprises are at Chicago,
M ard one of of the chief project
o., who is also largely interested
in the. land company. About one
fourth of these Elwood lots have already
been sold, but number of valuable tracts
are TO be reserved for industries that will
be attracted to the place. The company has
tin-plate-works to locate on one of these
tracts. Gas Is to be furnished free to such
factories as come. while the price of gas for
domestic use will be practically nothing.
Some time ago an immense gas well was
struck. and this from time. tc time is
blown Oh" for the wonder and Sdmiration
Of visitors. 1t has been called Vesuvlus,
and well deserves the name.
ElwOod IS being extensively advertised
by excursions. the first of which took place
last Friday, ten cars and 800 people coming
from Louisville. Ky. 1t is reported that
number of this party formed little syn
dicate to purchase $4,000 worth OF prop
erty at this magic city. Yesterday like ex-
and tomorrow there will be one from
points on the Panhandle. In a few days ON
excursion will be arranged from Chicago.
The excursion which is to leave here this
morning will return at o'clock this even
ing. Those who go will be aerved with
luncheon on the train. as guests of the land
company, by Mr.. Thomas TaRgart. The
trip will be to KOkomo, over the Chicago
division of the Panhandle, where the Wis
jtors will be shown the Diamond plate
glass-works; thence by the Richmond di-
vision. to Elwood, where they will spend
several hours, and Veauvius will be turned
on and exhibited. One car of the train
will be fitted mp for lunch purposes, and
there will be two parlor coaches and two
private coaches, while the remainder of
the tram will be made. up cf q
sufficient number of cars for comfort
There will be at least ten cars in the train.
The fact that the Diamond Plate glass Com
pany alone will employ one thousand hands
means population of five thousand, and
in brief period Elwood will number ten
thousand people. From this city to Ell
wood, by way of Kokomo, is ~ miles, but
by the l., T. * W.. by way of Upton, the
distance is only so miles.