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Indiana University Studies 



this objection removed, the rich lime will be more popular in the 

 market than the lean limes now used. In the third place, the 

 markets of the Central West are being supplied with limes from 

 Ohio which must cross Indiana in transit, thus placing on them 

 higher freight rates than would be placed on Indiana limes. 

 In fact, Ohio limes are being used at the present time in the stone 

 belt of Indiana. This is more to be lamented when it is known 

 that most of the Ohio limes are dolomitic limes and the Indiana 

 limes are superior for most uses if put on the market in the form 

 of lime hydrate. 



The last reason is probably still the most effective in holding 

 back the industry, but this cannot long stand in the way, for the 

 stone industry is filling up with a younger generation of progressive 

 business men who find the profits of the industry not large enough 

 to satisfy them, and realizing that a more careful utilization of the 

 waste heap can add to their profits, they will develop any industr}^ 

 as soon as convinced that the returns are proportionate to the 

 capital invested. 



The 1913 output of lime in Indiana was 96,359 short tons 

 valued at $323,905, while her neighboring State, Ohio, produced 

 497,693 tons, valued at $1,976,316. To make up the difference 

 of 401,000 short tons of output so that Indiana would take rank 

 with her neighbor, it would be necessary to burn in the State 

 8,000,000 cubic feet of limestone more than is burned at the present 

 time. It will be seen from these figures that if the waste limestone 

 that accumulates in the quarry district every year were used in 

 the manufacture of hme, Indiana would take rank as one of the 

 greatest lime producing States in the Union. Approximately 

 18,000,000 cubic feet of limestone is burned per year in the State 

 of Pennsylvania in order to produce their lime output of about 

 852,000 short tons. 



The price of lime in Indiana averages about $3.50 per ton, 

 and calculated on this basis the waste from the quarries in a 

 single year would be worth nearly $1,250,000 if the product were 

 in the form of lime. Of course, these figures are only approxi- 

 mations, since any such an increase in the output of the State 

 would cause a drop in the price paid per ton, but with the increase 

 in demand for a high-calcium lime in the chemical industries of 

 the country due to the changed conditions of manufacture in 

 Europe, the producer of this kind of lime can look for a strong 

 demand and good prices for a long time to come. In Ohio the 

 price of Hme remains about $4 even with her large production. 



