New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-03-14

40.
Total
The MANAGERS Of the railroad aay that its ranporta-
ton ha- formed IN important portion Of tie business of
the Western di ision of tue road and when tEawhoe
line i. finished, the Company estimates tie receipts
from oil freghl5 tho first year thereafter at s20OoJc,
with every prospect OF rpd increase. nadd'iion TO
this, tie freight on engines, pumps supplies OK all
kins aud passengers growing out Of the rush Of pop
naon to the oil region is expected to furnish qate m
equal anoru, Of bu,ines4 and revenue. The whole of
this profit springs from sCur'e which WIS not conen
plated trec years ago. ~ which never entered into
toe calculations Of the friends OF the road.
Th5 large quantity above referred to has been sup
piled almost exclusively from two localities, namely
Tideoute On tie Allegheny River, about III miles be-
low Irvine station, ara Ttdsylle On OH Creek, about
~ miles from the station at Union Mills. From these
points i, is principally aued by teams 70 tie limo Of
the road although IN tLj Summer season much Is
boated from Tileoute up The river, and much hnus hs
way down ~rcar from both points 20 PitsbGgh-the
most if not all, Of which viii come to the railroad
when suitable branch roads, now in contemplation,
shall be constructed. At tho points named the wells
are bored int Il olbearug rock from the depth OF 80
feet 10 $50 feet before striking tie vers, and at each OF
tie sd points there are, mp 70 the present. ume about
80 wells IL srccc'sfl olerv'iOn.
In addiion to the wells now IN successful opera'lon,
there ar, within ~ same region at least 300 others IN
process Of being sUnk al OF which have the same
prcbabil.,y Of being successful as those now working
Ind before reaching the oil veins. Tie whole regions
heinz actively rrosyected by hardy aud indnstrions
,iopeers. aud almost daiy some new company COM
mences the toilsome process Of sinking well.
From these statements some idea Of the future pro-
dnc,iop Of This region may bo eoncctured, but II the
supply holds oud there is yet no inc cation OF ia
ure in any well hitherto workod-even conjecture
would probably fll shor: Of The reality II the road
va. Gn.sacd most q this stream Of oil would flo"
over ne rv iis whole !5ugh in search Of an Eastern
market, insiead Of only passing over the email pcrton
b.tyeen tie points Of production and Erie This
would not Only foru.sh u largo revenue 10 tie company
as freight BE-. bat buiduprC neres snd trade IN Pm-
adelrlia, which are low almost monoPO.zed BY New
Yo,k and New-EnglaLj.
Tie changes vo1gut in the industry q this al region
and the vala OF ..l,ss everything Tie farmer Lac to
sell are remarkable. One of tho papers sye that 500
teams are emerged hauling oil TO Union Mills. The
ciyco employment 70 500 men, Tic feed uai 500
teams viii consume will create an additional demand
for oats hay &C.. which Lave TO be transported 70 the
ponis q demand i Lard indeed To estimate the
additional amount Of labor in other departments Of
human industry tta II made necessary b. tie oil busi
nee. The demand for lumber the oil regions "a now
very great and prices tgh. The yearly product Of The
,rjs of tst y.r,uii, that ha5 heretofore been sem
I'm pi..slrryh f. row consumed o., home NJ n higher
pce than could have been obtained after running il to
-, T,cr ,bipl Of the demand for coopers when
thousands Of barrels are needed dniy
Tie existence q tbs OH bias been known Tor nearly
emu 90. '' y'' -, 49,, 49,
| w.! iu'" 70 +" "r',N e., NJ. ~, -, IT,.
80 '-' g. -. ~ q. 5,c, r-or,
'n', ~ g. q,,,.,I., IAN.
m''''' "' ''''i'! ,.,.,,.,,,J.
in' 'e'"', '"' ",''i .i..,.n.-..,
.''|H''''' '''. 90. -,
~ .0''' ''e ' ''''' ,,~-',
Ne.''' 80 j. W., ''l '''' ~ -
| " 'neA .au''''''' iL' N0'' .''1 49, III
'''',, ~ '''' 10 '''' 80 -, noun,
i'''',' -, .,, drz.
q" .a.-.-I,;.t - NH o,, Odd ali
Ecu ~ ''' 0'"F'.h o"V'' - M,
| -'ln'-' h'F'.' '"''""5'' -,
WHO were Tue o"icIs u '"' O','1''
small portions o. 'ueui Oh ' ''4'.'" ','' W
sIo"'u pore Tor o'', anu S",''s'', -!
~, =, " n:.,.., 49, -, ro,ro ~, Iss,
'i"' - .,,ar .,s, 5,,, tbair money
qua ,teir , vain 2rcrc coprelled TO Give M for
.,....aa. O.. Ohio node Irc,y hin. aro in n
r.,...si',..,.-.. ~, a. oc,,,n, avs that only
| -. r,,r,,,, ,o, a, rr,Gt and thu,
P'i '''' " "' 80 ,sI 49,. .,r,r,a :. aoad
9VP'' FN' Vi "'' ",1 o',I",0i' ooo ,sI, Lo,,
osS' N'''"'F says ,'.'' a r;,.,.,'i,r. ond
peeh commenced "''''' ., r,'.'' Sr
.ha' iI0'AOy iO' Over ~ ',., I.,o ,,,,,ar