Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-12-16

past three mOnLns, Win an hGSA9S0tS
Weld Of two hundred and fifty barrels
per day, and several other paying wells,
yield not mentioned.
Specimens of petroleum from springs at
Eaton, Preble county Ohio, have recently
been exhibited. 81
A company has been organized to bore
for oil at St. Aarys, Elk county. A well
was bored there two hundred feet, about
three years ago, and then abandoned.
The same company has recognized, AID
is engaged in boring the same well
deeper. -.3 ~
The RdfI5nan's Journal says that soil
on the brain" is becoming q prevalent
complaint theresbouts. A largo number
of leases have been taken in that region.
The Waynesburg Greene county }
Messenger saws the continental Oil COM
pGny have struck a paying well on Maple
Farm. Several companies are being or
ganized, on Whitley Greek, Muddy Creek
and Ten Mile Greek. Eastern capitalists
from Philadelphia and New York are be-
ginning to visit and explore that region.
In relation TO the Deer Creek well, IN
Clarion county, Pa the following singular
facts appear: It is well known that at the
| time the well was bored for salt, the oil in
terfered with the original design, and that,
to prevent the interference Of the petro-
leum with the salt water, a plug was driven
down 20 just above the oil vein, and has
remained there ever since. The object. is
now either to withdraw the plug whole, or
drive it down to the rock and crush it N
such way as to draw it out in pieces.
Petroleum, taxed one dollar per barrel,
would produce revenue of two millions
of dollars in Pennsylvania alone.
a superior oil well has been discovered
near Stewsrdson Furnace, at the mouth OF
the Mahoning creek, near OrrsVille.
The Wellsville Union is confident that
oil in abundance may be bored out of that
section. Eor some TINA mast Mr. 2 e
| Geisse's salt well, about one mile above
town, flowed very freely with gas and some
oil. There iz 3 salt well at Jethro. three
miles distant. which furnishes abundant
gas to boil the salt, and also Light the build-
ingS. SOB
Active explorations are going on in New
Lisbon, Ohio, and several leases have been
taken. A good show Of petroleum has
been struekin Waynesboro, Carroll county,
Ohio.
The Mahoning Register hears cf well
on Buck Run, in the vicinity of Gaines
vile, Ohio, that yields one hundred and
sixty barrels ofoil per dayl Perhaps it
does.
The Franklin Citizen says the "Boquet'
well has produced in one days time its en-
tire cost. An undivided thirty-second in
terest in this well has been sold for $780,
600, or at the rate Of 81, 100000 for the en-
tire well, and yet the product pays 81 per
cent. per annum on this account. "a big
thing" decidedly-if true.
| There are still shown samples of the oil
obtained from the wells in Youngstown,
Mshoning river. in lS60-6I. These wells
were afterwards abandoned. New com
panies have recently been organized with
a view of further experiments in that
region. -. !
The Erie Journal cautions the people Of
that region against the danger of wild
speculation in oil land and stocks. tad
vises more caution before investing. While
there are abundant Surface indications" of
q valuable and reliable character, parties
should see and examine for themselves, be-
fore purchasing sny of the numerous new
stocks which are daily being offered. Good
advice.
The Connesutviile Courier, Crawford
county, Pennsylvania, mentions the organi-
cation Of three companies for the purpose
Of oil explorations in that section. -sf,-
Several thousand acres have recently
been leased in Perry county, Indiana, by q
wealthy Louisville company, for the pur-
pose of operating in the oil business. Sew
eral leases have also bean taken in the
southeastern portion Of Harrison county,
Tor the same purpose. ...-
There is well in ST. Clair township,
Columbian cnunty, running four barrels
per day, and several otherss IN course of
! boring.
The Zgnesville (O.) Courier says the oil
excitement in that city and vicinity is still
en- the increase. Almost every business
man in the neighborhocd has become in
terested in oil leases, or oil lands or stocks.
A company has recently been formed TO
sink several wells and test the question in
thst county. Pittsburgh and Philadelphia
companies have recently taken several
leases in that section.
The oil excitemenq is on the increase in
Fayette county. The Register enumerates
half dozen companies now organizing
snd preparing to work. Others are down
one and two hundred feet, with encour-
aging indications.
The oil fever is becoming q common
complaint in Clearfeld county, and tho
people are fully persuaded that oil viii bn
found there in abundance. Large num-
bers Of leases are being taken, and thn
land will soon eli be secured by those Whr
will prosecute the work faithfully.
A company has been organized to bore
for oil at St. Mary's Elk county. A vel
was bored 300 feet, about three years ago,
and then abandoned. The same company
has re-organized, and Is engaged in boring
the same well deeper. M.
These who visit the oil regions shouK
leave their patent leather boots and "Bo,
hemian" manners behind them. OF Oil
City mud, the correspondent of a Metro
politan journal says the following bril-.
lia8t" thing: " Tho mud, however; II
really q novelty, unfsthomable in depth,
profound in vastness, indescribsble in va
riety and grand in its universally; it is
the greatest concomitant of the too plss-
tic earth which is so olesginously surifer-
ous in all its features
Finally, as the origin of oil-the cause Of
all this excitement-We givet the following
q An old whaling captain at Oil City,
Pennsylvania, gave as his theory of tho ori-
gin of petroleum thst it came from large
deposit of whales, which were caught there
when the food absted, and intervening
convulsions Of nature have since covered
them up" 'arra a1-
Thus it will be seen that Besver, Law /
rence, Clarion, Crawford, Armstrong, In
diana, Fayette, as well as Green and We
mango, abound in surface indications, and
many oil discoveries. Energy and capital
will soon bring to the haunts Of commerce
thousands of barrels of the precious sstuff
from regions heretofore mere waste.