The New York herald., 1864-10-07

high q fourteen hundred barrels per dsv when t will
suddenly suosde or Cease flowing altogether Then ths
pump Is resorted to- and the oil pumped up at
the rate, generally, OF from I've to tw enty barrels
per day In the meantime other wells being sunk and
on good producing Hats or bluffs will yield from forty 10
ffty barrels por day, aud in other localities utterly
unproductive frequently happens veins OF salt
water the ngncst saline gravitation struck las 1t
Frapkn), from which the quality OF salt could be
produced BY applying some OF the apparatus In in the
think OF nothing but OIL and II their wells should orce
up golden nuggets hey would probably feel Disappointed
dred and Ten feet lowed for four moaSs one Hundred
barrels PER day, but Stopped and has been abau
SSs1 .ys bs 10 ~ 'ss locality But so con-
obtained there that speculation has revived, and
eight wells are now going down on what is called the
Tapman farm, between Meadvlie aud Franklin. This
farm has front OF mile and third French creek
Although the OIL produced here in small quantities the
quality 10 superiorequal to the celebrated Mecca oil
Of Ohio The investigations Oh creek prove sup
ply there to be large and that the results Of boring
almost ~ favorable as year ago aud the fact that
well has been sunk at great distance Erie, Pa
dioaes that the precc Of boring the whole in or
mediate region may be continued with results diss-
miar from the above.
DAsHING ON-A BRILLIANT ooUP D'ILE.
Passing on up the creek, upon road almost mpassa
stumble IN very bad place. nearly pitching Its rider
into petroleum tank OF several thousand gallons capa-
OF Inc profound axiom Of @ Was
gerous to swap horses crossing stream did so joy
fully, and obtained much better and surer.fcotcd
Without further disaster we passed GraT Hasson Il
20 e. the Capp farm, Carpenters and reached tho
Buchanan farm. This farm originally leased for oil
purposes from the Euchsnans, who originally from
Ireland and do not appear to be satisfied with their bar
gain The old man Is tottering towards the grave is
very intemperate, and remarked 10 us, grumbliugly
while fumblmg between his dngefA couple Of five cent
stamps might a bin worth million his day; but now
Pm poor man. not worth hundred thousan, aud me
wife nj dead with the drapsy the pes.n Gov Cur
TIN has Two thousand shares in the Buchanan Company
The farm Is now worked by company called the tu-
chanan Farm OIL Company" who have declared divi
dend Of per cent month for September, besides
In IF mir for
&c. A number OF new wells going down the prop.
ery without expense to the company. The present yield
OF oil TO the company is l7o barrels per day. 'native'
who had taken some stock IN this company, asked
the other day II he wanted more stock. 'No,n he
piled. not exactly comprehendng the inerrogatory 1--we
three horses and yoke OF already" Not unlike
another millionaire, owner Of ad dining farm whose
school, and on being Informed by the principal that she
had "n0 capacity y declared he bound to "get her
one, cost what 1t might"
McLlNrocKvrLLt, ETC.
We next came upon McClntockvie, with hotel, some
houses and oily indications all about; the immensely
vauabe II. McClintock and widow McCiintock farms,
with wells pumping and flowing in every direction,
the income from which would maintain Collins line OF
steamers to Europe but is being largely squandored n
dissipation, and reach
RousEvIILE
In time to make dinner at the hotel pork and beans
and caret Here we found number OF Eastern gentle
men, and lively spirit OF speculation gong There
were several retired captains in the company who 10
the absence OF cotton reghts have gone into the peiro
leum speculation with little ervor There also
some New Workers present and plentiful sprnkling OF
making his pile by tho sale OF Old Crawford large
amount OF business Is transacted In Housewife In the
IN rich o tho Se
Hammond WE'LL the Steele farm, being the most pro.
ductve.a single well in the vicinity flowing two hun.
dred and hfty barrels per day. The rrundy Wells are
also successfully worked.
The next farm in importance is the Rynd farm, lying
between the steele farm and Blood farm. 1t comprses
three hundred and eighty OF oil territory, OIL
creek, at the mouth Of Cherry Tree run, extending from
the creek TO Cherry run Great activity is shown In the
operations this farm, there bcng some twenty i've
paying wells working producing about hundred bar
owned BY the Rynd Farm Oil Company, and judciously
suporintended by Colonel Holman Atkinson, formerly
Adutaut General Smiths star, Army oil the Cumber.
land
FROM POVERTY TO RICHES.
All through this peighborhood have OF tho
sudden increase Of wealth people OF humble origin
Gases where boamen, teamsters, &C., have risen from
@ Ss aSs o.
Wallace who could buy extr, pair OF
year or two ago, Is now worth $4,000.
WHAT SOME DO WITH THEIR MONEY.
Whc large humber OF those who have realized for.
tunes have gone 10 live In style in large ctesone party
having Just paid as high as one hundred and ay thou
sand dollars cash for a house In New York-ohers In.
their money both In purchasing nne estates else
where and in government securities Some reman
In the vicinity ard lead unchanged life 10 nearly
respect. We padded the creek by oil
prince aged arteen heir a Million coatess hptles
and with but suspender to keep bis courage and his
trowsers up.
CHERRY RUN.
Before proceeding further up Oh creek we take ride
drsd and nfty barrels per day; the Auburn Company
putting down wells the Humboldt refinery we'll at work,
and little south OF tho run, near Pummer, tho Hogg
farm on which r. w. rrundy Co. OF oil.
Cherry run is iavorite locality with oil seekers.
ON OIL CREEK AGAIN.
Proceeding again up on creek. 10 Blood farm
very good rarr farm black with tanks and wells leased
by Rochester parlies Cornwall Bros, produces hun
died barrels per day. Story farm Dazels Ram Cat aod
other wells, producing two hundred and hfty barrels,
Hyde Egoert's farm, Maple Grove Maple Shades, Ier
sy
going down the Boyt farm to Petroleum Centre thence
on 70 Wash Mcflntocks Nc Ebenys Fgnkviile The Fos
old, and yielding Ave hundred to eight hundred
barrels per day; also the Sherman WE'LL with a
saunz farm jones' slackpoe, sbaners, where THINK
Hedven, &s again iste the railroad, passing through
the indian Roct OIL compsny o, New York. !, located ou
the MILLER and Foster four and The other
mes rom Ti,usville They com meaced operations about
the middle Of August and have twenty new wells
located and number which in operation when this
compiny commenced operations ". II Webb. ESD, the
well shpbnildcr Of New York, s president Of this
company whose interests arc being wei a.tet ded 10 By
the resident superintendent. Mr.. J. T Briggs.
Before treating Of Tiusvle, we VIII take ride into
ALLrsHAsY RIVER OIL COUNTRY. ABOVE OIL CREEK.
There good wells on tho Allegheny river above OIL
creek Tho Wheeler well and other wells all around 10 |
Bend produce from ten to thirty dollars per day.
Wells are beng sunk all the small runs-vz lambs,
Carey's &C up to their heads, embracing the fats be
tween OIL creek and Walnut Pend.
Between Horse creek and Panther run, on tho other
one struck u Horse creek promises very good.
Coming NJ TO Walnut Bend proper. tue Continental
Company Phnadelphs, have several good producing
wells and good pronerty The river The Bruner Com
papy Philadelphia, have good region, striking gas,
which is pretty sure indication OF tho presence OF OIL
The star Company have two wells
pi, Hole creek emptes into the Arcghary There are
good wells about It's mouth and fair prospects ~ TO
Tnmmer road All the territory above has been taken
by comp,nies, whose names not well known. This
creek runs IN TO Nelsburg. seventeen miles.
From the mouth ot Pit Hole creek TO place called
preskientwhere there Is good hotel new, ce1n and
plas,ecd there are wells going down on Harper's arm
ipmocs creek emptes into tho at President fhon
comes the two Tionestas Lower and Upper Oh s pro
ducel the mouth Of each, but none At any distance
NeSi comes Hickory Creek and thence We 60 to "rde
ont warren county, where wo fud q scot called tho
,tyconorsts obtaining oil from shallow wells. Their
sctenert IL on the river and numbers about five hun
drcd us They send their oil out by way Of Irwin,
tho Fr q and Philadelphia road.