Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-03-09
0tIItems.


| A correspondent Of the Cincinnati Ga
sette writes 10 that paper from the " Joy
farm" Morgan county, Ohio, that oil has
been found on that farm in paying qusnti-
ties for more than year. Thirty wells
have been sunk of which six are being
pumped. Oil Is found at q depth of seven
ty feet, and no wells have been bored into
The third ssnd-rock. Wells are going
down on other farms. The Joy farm Of
900 acres was sold by the original owner
in two lots-one at $4,000, and the other
at $4,000. The latter has since been sold
100000. The Bishop farm of 300 acres,
and with the incumbrsnce Of several lease
claims on it, sold for $4,000. The Alder
man farm for $4,000. The Lowell farm
for $4,000. One well on the Bishop farm
was sold, with engine, pump and fixtures,
for $4,000. The well is now abandoned
does not produce enough to pay for
pumping. Above the Joy farm, (which is
at present the most northern farm that has
been tested on the stresm,) there is land
yet for sale at Sl00 per acre.
The Detroit Tribune says that the citi-
zens OF Windsor are greatly exercised
over the "indicstions Of oil In that citv.
Old wells sunk for water years ago and
abandoned because the oil in them made
the water unfit for use are the! cause of the
excitement. n
OIl indications are said to exist ia Wayne
county, Michigan, and company with
q capital OF 100000 has been formed in
Detroit to bore for oil in that locality.
The Wellsburg Herald confirms the re-
port of oil having been struck near the
Hancock county line, in PennsylvsDia,
at point between FsirYieW and Hooks
town.
Companies are being formed in Steuben-
vile, and throughout Jefferson county,
Ohio, for the purpose of boring for oil in
that county. In the southern part of the
county one company bas an engine on the
ground, ready to commence operations,
with good show for success.
We learn that oil has been obtained at
seventy-nine feet on Sugar Creek, Athens
county.
We learn that parties from Louisville
and Cincinnati have secured lands on Big
Bay Tusk and Grand Pere creeks, near
Goleonda, Illinois, and also on the oppo.
site shore Of Kentucky, and are making
preparations to open wells as soon as the
spring opens.
The Sciota Gazette is electrified by q |
specimen of gold found in the oil regions |
of Socthern Ohio. It says if oil isn't found
In sufficient quantities the owner of the |
diggings vii turn his attention to gold pla-
GERS.
The petroleum fever has spread to Rus
siR. A great extent of country is said to
have been found full of wells of rock oil.
A French company, with the Duke de Ia
st its head, are granted GER
tain privileges in working these "mines" Of
wealth.
A letter from San Francisco Cslifor-
nis, January 23d, says: The excitement is
just commencing; many persons talk of
and San Francisco capitalists
are sending men out in all directions to
buy up oil lands in all directions. Cau-
Lious observers predict that we will have
3 petroleum excitement that will throw
Frazer River, Bois, Idaho Washoe and
Reese River excitements far into the shade.
The oil wells in Burmah, it is estimated,
have been yielding their present supply Of
eight hundred thousand barrels per an
oum at least q hundred years, amounting
during that period to about eighty million
barrels English measure; these if srrarg-
ed as previously stated, would form q con-
dnuous line oil of barrels tWentyseVen thou
sand three hundred miles long. Oil wells
also exist in Persia and it is said have late
ly been discovered near the Sea of Azof,
while on the Island of Samos they existed
five hundred years before the Christian
era.
The Wheeling Register says of the oil
excitement in West Virginia: Gland is
changing hands by whole counties Many
.racIs have been re-sold two or three lines
within the past three months-double the
,ost price at each sale. Geologists sre now
If opinion that West Virginia includes
within her borders oil territory quite as val
liable IS that Of any other State, to say
nothing Of her great mineral resources,
which, In our opinion, will exceed the ex-
1ection of the most ssnguine, when they
,ome to be developed. The oil land pur-
;hAsers are numerous, but their purchases
ire not SO large, with few exceptions.
These purchases are confined to Writ,
Wood, KanEwhs, and some one or two
Jther counties.
Tne following table shows the length
md breadth NJ the oi1 mania II baino |