previous next


Twenty-six millions of money in one pile.

--Four miles from Rockport, Indiana, on the Ohio river, there is a coal mountain which is now being extensively worked by three firms, owning as many different mines, and producing an article of coal of a very superior quality. The Democrat, of that place, has attempted an estimate of the wealth of the section, and sums it up in this intelligent manner:

Allowing the "knob" where the miners worked to cover two sections of thirteen hundred acres of land, we have but a small part of the area of the "knob locality. " A single acre gives an area of over three thousand square feet, and thirteen hundred acres of over thirty-six millions. The average depth of the "vein" exceeds five feet--Mr. Stevenson's vein being five feet and a half--and at five feet average, we have a cubical quantity of more than two hundred and eighty millions of feet. One foot of coal makes one and a fourth bushels in quantity, and the thirteen hundred acres gives three hundred and thirty millions of bushels. Allowing duly for coal slack and waste, three hundred and thirty millions of bushels, at eight cents per bushel, amounts to over $26,000,000. The county of Spencer is now valued at about $30,000,000.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.

An XML version of this text is available for download, with the additional restriction that you offer Perseus any modifications you make. Perseus provides credit for all accepted changes, storing new additions in a versioning system.

hide Places (automatically extracted)

View a map of the most frequently mentioned places in this document.

Sort places alphabetically, as they appear on the page, by frequency
Click on a place to search for it in this document.
Spencer (Indiana, United States) (1)
Rockport, Ind. (Indiana, United States) (1)
Ohio (United States) (1)

Download Pleiades ancient places geospacial dataset for this text.

hide People (automatically extracted)
Sort people alphabetically, as they appear on the page, by frequency
Click on a person to search for him/her in this document.
Stevenson (1)
hide Display Preferences
Greek Display:
Arabic Display:
View by Default:
Browse Bar: