The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1865-02-08
PETROLEUM.
Progress of the Oil speculation-tEv-
erybody Investing in Petroleum Min
ing ssocLs--servant Girls Scouting
shares-Safety Of Investments In this
New Branch of Trade. ~ '.
from the New York World. !

new nEHncu 90
from the New York World.l g.
The creation of an Open Petroleum
Stock Board, makes another epoch in the
history of the most remarkable CONNER
cial excitement which ever took posses
sion of the minds of American operators.
A faithful report of the proceedings at
the Inauguration of the sessions of this
public board was given yesterday, and 1t
is not our purpose here to allude particu-
larly to the matter, save to call the at
tention of the general reader to the fact
that the creation of new open board
more emphatically describes the tremen-
dous increase in the petroleum trade
than anything we can say. 1t was but a
short time since that the proposition to
establish a petroleum stock board met
with decided opposition, and was re-
garded with very general disfavor; bat 1t
is now found that the regular board does
not present to the army of oil operators
sufficient outlet for the fever which has
seized upon them Indeed it is q notice
able circumstance that the close systems
which rule stock operations in Europe,
are not at all acceptable to the vast ma
jority of our restless Yankee operators"
our speculative spirit rebels at any at
tempt ut confinement, and will have
some means of indulging i'll the emin-
emily national trait of going it wild"
THE OIL FEVER. i..
I'm this happy republic, when a person
becomes noted for the indulgence i'll an
eccentric city OF peculiar mania, he
who would describe the same takes from
tho copious lexicon of our Yankee ayot,
an atrOcious, but expressive and colnpre
hensive sentence, and says: Hes got it
on the brain" Just so when he speaks
of "a community laboring under the effect
| of a wild delusion, or an exciting reality.
| At this present moment it would indeed.
seem that not two OF three, nor dozen
men, not family or community, or
sect, but that tie whole universal Yam
kee nation have got oil OH the brain" in
| the widest form of the fever. In the
| contemplation and under tho influence
! of the petroleum excitement, the horrors
of the great sivil war, the question of
peace, the coming draft, and the idiotic
| DEGREES of Fry i'll connection Herewith,
| the ganbolings of congressman, the
amendment to the Constitution, the
Jokes of Abraham, the Reciprocity treaty,
the complications with foreign nations,
the new Mexican dukedom, the whines
and accusations of Butler, the incendiary
| plots, the revelations of the Titus Oatcses,
| the woes of Zacharie, the complaints of
the Richmond press, the advance of
| Sherman, all, all are lost sight of i'll the
greater excitement of the oil fever. Up
on the devoteo ut the shrine ofthc new
god Pctrolcus, neither the summers heat
nor the win tcr's cold has power; the
storms of war Stir NOT his soul, and
though tempest may rave within him,
let him OF his representatives but Strike
| OIL" and the uleaginoHs stream viii still
all inward agitations even us it Will
| smooth the Atlantic's stUrln-lashed waves
| into the calmness of summers night.
| The world is but avaSt oil bubble to the
operator in petroleum, and with him
the chief end Of man is to .puncture
it. - '....,.