The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1859-12-01
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-
Extraordinary Discoveries OF Petro-s
I aaa .fais 11tasi 80 leum. eslaao s=-f sizlszs
20 Petroleum" or Rock Oil, has been OBJ
tanned for number of yearseon the, hanks
of the Allegheny river, but only in small
quantities, allowing it to be used only for
medical parposes. 1t seems, however, that
new and astonishing discoveries of this SUBJ
stance have recently. been made, rendering.
it probable thar the oil win be produced IN
sufficient amounts to materially affect. The
market for other oils used for lnbricating.
and Illuminating purposes. -, -. =.
+ From the Pitssburg sGdscttsss of Nov. s23d
we copy the following Communication on
this interesting subject: .,5 1. ,sisezie =
: PETROLEUM. AGAIS.-=4Hessrs. Editors 81
am advised by reliable parties, that Barns
dale, Mead & Co, at their WELL Gone mile.
east of TitnsvIlLe, have Succeeded in tapping
i the great subterranean reservoir of oil, and
will in Il few days have their pumps in full
/ operation The company boring on Me-
Clintock's s land, some ten miles below Titus
Vile, have also found oil in great abund-a
ance, and are raising, with IA small hand
pump, fifteen gallons of oil per hour The
.1at ~ 4bat
wells viii yield one thousand or more gall
Ions of oil per day Other wells are in
I progress, and; when sunk to the requisite
depth similar success is anticipated. One
company has commenced, and several others
expect shortly to commence, boring OH Cor
don Run, and on the Allegheny river Mt
Ted'ute. The indications of oil AT thatplace
are very fine; it may be seen rising in
many places from the bed of the river, and
by digging on shore, three or four feet below
I the level of the river, the water in the ex-
cavation soon becomes covered with oil-
Many Of the Wells dug for domestic pur-
poses contain SO much oil as to render the
water utterly unfit for use and, from some
of the springs, oil flows continually, night
! aud day, for considerable portion, if not
during the whole year. A large Number of
companies and many individuals are securing
- AN--Nj NNa
wells. "ea aA' T. s..is.ss-s4 isi
The excitement in the oil region is great,
and becomes more intense with the success
ofseyery new well. Whilst it cannot be
expected that al will succeed in getting oil
in large quantities, but on the contrary that
some win be disappointed, still the 'tempta-
/ ton to embark in the business is very great
and where oil is obtained in large qnanti-
ties the profits are immense. The oil, In its
crude state, is selling in large quantities at
60 cents per gallon. 1t does not cost more
TO pump it up than l cent per gallon, and
8 cents more per gallon win pay for barrels
snd transportation to Pittsburg, New York
or Philadelphia. Where the oil privilege is
not held in fee simple, there will be an ad-
ditional charge, of two or more cents per
/ gallon. The refined oil is sold at much
lshigher figure, and as the refining process is
simple one, the oil men cam largely ins-
crease their profits by refining the oil be-
fore sending it TO market. The oil is vaiu-
able for many purposes, chiefly, however,
at present, for illuminating. j ~ 81 .saa-
Professor Silliman, in his interesting re-
port concerning this Oil, pronounces 1t to be
one of the best materials in existence for IL,
Illuminating purposes; he remarks, also, that
it is in ro sense a drying oil it viii not
gum or thiclen, and is pronounced by many
to be an excellent lubricator. We have
tried it with satisfactory results on buggy
axles, and believe it will, when combined
With animal oils, form an excellent and
cheap lubricator, particularly for winter
use. When subjected to a high heat it
yields Parafine in large quantities, and
from that material beautiful white candles
| are manufactured. II is unequalled as q
linfment for man or beast. Those afflicted
J with asthma say ii gives them great relief.
\ Physicians pronounce il valuable rs Il rene
! dy in scrOfulous diseases. The great con-
sumption, however, of tine oil will be for
! Illuminating, and for that purpose it IS des-
tined TO come rapidly into use all over the
country. There is but little danger of the
market becoming Overstocked with it; it
4 can be sold for SO much less than lard and
whale oil that it will in a few years, to "a
I great extent, drive them out of the market.
BY reducing the price of lard oil, il win
no doubt affect the value of the hog crop all
| over the country. There is no fear enter
tanned by the oil men thai the oil will run
out; they believe that the supply is mex
haastible; that nature has kindly estab-
/ lished grand laboratory under that section
of country, where the manufacturing pro-
cess is going on continually. s.4s.s st.
We will mention a singular fact connec-
! ted with this subject before we close. In
many places in the valley of Oil Creek, the
ground is covered with pits, hundreds and
thousands of them evidently dug for the par-
pose of gathering OIL and at a period so re-
mote that trees $50 years old are growing
over them. The query is, by whom were
these pits dug, and for what purpose was the
oil gathered?
Upon which, the editor of the reliable
journal we quote from, comments as fol-
lows 4 ~ Il, -e
E g PETROLEUM. " NoNDERs.-W hile we would
call attention 20 communication of a re-
spected correspondent, in reference to the
singular and remarkable facts and develop
ments taking place up the Alleghany river,
in regard to Petroleum Oil, we would avail
ourself of the occasion to state that We were
called upon yesterday by Mr.. W. S. CohiH,
1 of Tedioute, Warren county, Penn, n very
al