New-York daily tribune., 1865-10-28
1854.
IsC3.
~ n
IL 90.

ihe Athhuc Pois !" 'n'po !e"i' "'''' ." h'''' W
follows:
lIsag.2:l lSq2; s,,.S'il ,seai ,'.s'h, 'ss1i
Asthe Introduction Of tlis on for Eliminating pur
rcscs was much more rapid Ia tits country than in
Earore IL Is fsr 20 presume ibat this represents
less tian third cI lees thon hith q the totai
production. There have been 10 accurate sintsi!ci
but The nearest Approximate estimate j. formed upon
The returns Of tie Collector of Internal Revenue for tie
rrersnt year. am Indebted TO Mr.. 7. McGough. the
Collector of Ills District, tor the following 'eeepia
the .ex upon crude oil is dollar barrel TIE follow
ing figures vii reprcsent tho amount sold rom TIE
wells: Apyl, lll99i Mny, So ae4; june ll2234 July
ilsI.4C August 2OItO1 Assuming the ratio Of H.
crease 10 continue II Is reasonable calculation TO pace
| the yearly production NJ two miI!nr- 81 baric's
! THE LEGACY or HATCRE.
This is rather ulCcT Tie trutn than OtheT"lse o.
eeyera flowing Wes have lately been discovered hLu
lie rd AZ Nav last With several disastfous conhHgra
/ uor, have checked the yield materially. u II ohy
uattra presuupti hat these returns WIZ oe tholt ="
lie ocunl sales The net value ~ the fotoI ptducIt
deonclng tie nctunl working expenses incurred w
hrin rinc il 10 the railway. be pat down III round
numbers at go COO CO., ven handsome eolIl"''',n
20 tie National Wreitl which p.ys diiecl va ln'o
the Treasury 81 sir OOoOC0 independently Of ne me
dental imports The average price for Tie crnhe siu
Gle wss IL sC3, q i3 per gallon aDd ~ l'o'' ~
/ This year the prices IRE stil higher OWING 10 tb'
Increasing demaud Tle nsphtho, berzile ana iu'il j.
eating OILS dye stUfs &C. nOIe than ay for Tie oos'
II Oi Icuniig ana Inc lOtb lItuiItI W iuN IA~N'~
! These figures which represent the Hlnimatn esli
mates acicate that the oil trade is AZ imp" 'nn mum.
as TIE coal mon trade. aud " has phssed ou W ~.
domGin Of adventurous speculation INTO that oi s'"Oe
legitimate business.
i Production OF The VARIOUS FIELns.
I Excluding the West VII eiuio. Ono and keniucsy OF
fields. the following IL recent computation oi ne 'oca
lties with their respective daily products ia Nehango
County by which u would appear tie present Ia'o o'
Weld Is reoily 10000 barrels per anunm: .
i II. McChntock. 90 bbs Buchhnap' n@t Deualhp s.np
wells on Upper Cherry Run, go bbis D. DC, hn,"cs
nol including Cherry Run 25O bbls; Seee a. q i1hu s
20 bDis D'od Ti..c. 80 bbs Tar Farn Is9 ool';
Stoy 200 bbs.; EgbeIt. 400 bbs wash nv ,'nio''
$50 bbs; McIhouney and vicinity, 800 bbls al above
4 on Creek including Bull Kun. 80 bbls. Betneicoi
Run 80 bbIs.; Cherry Run. 200 Ibis. Aiegheuy
River Tidoute, aud Foster Island, 80 bbs Pithole
500 bbs; French end Sugar Creek and other places
100 bbls. Total l6, 200 bb,
twill be observed that the gross product is steadily
Increasing, whlle there is sensible steady uecHHe AZ
Weld OF most Of the Individual wells. Most OF the
iamgps flowing wells on Cherry Run and Oil Creek ore
now eitler dry or pumping but little There hle iew
Instances OF the yied remaiung constant though IN one
or tvyo cases II Las been increased. beheIauy speak
inc fine saler the yield the more steady aud aSlBR u
lis TLe average yieo, according to very imltTiai
author is Of all the wells sunk ~ obs ana OF n WORK
ing at 27l bbs This average In OF course hable TO
some change. ...,,.,r,, o, v,,,rpr
7, ia tho most discouraginG aud dampeRing crenin'
stance to the stranger who las.s over .1e vi lstAs
"a thousands OF deITicks stundmg over hDhhuohcd or
,9Ia Wells. Que authority estimates the number OF
10 hored in tie county at 5000 am incli1ed
90 IN, If at something lees, ray between COCO and
| m nn or this number not more than one In ten
las Welded oil. and not more than one Ia twenty
has psd expenses This m business aspect rather
hniten proprct but when we reconsider tbat shouid
one of twenty FIVE prove medium pumpef, IL wonld
INV tie outlay 80 q single month, and GOOD hoNmg
pcn nav for 1Ay IN The same time The lottery chgrac.
te s s9.eNlat diss paled. There Is wide margin OF
ncortaiuty attending tbe succesB OF any gwen hoe,
Itch from tho very nature OF tie distribution OF
& ol bencath the rocks 1t is common theory that the
n e,s In some vast lake reservoir below. and al
ia, j. necessary is 10 bore deep enough TO find IT. Inc
trion prevails here. however that 1t exists IN me
ps,rcs and yens among the rocks, which inter
, con,r,ni,icGte 10 "a limited cAtent only
J BOXING AS A BUsINLSs.
u nrs ,ou hut bore holes enough yon VIII get OIL
oHcr " ia the maxim OF the experts about nero 80 so
,, sbilc single venture might prove failure ch
Vol. Luz down anyvleio within The linlts OF 'ie on
,s ferIii0ry win be ceIisn 10 yleId Ees enough
p nj euougb to pny for tue enterprise Most ol 'u'
, ye ha,e stuck to The oil boring IN prncuel
~ l1,e bccome rich. D. also hnye those who Dougb
ionds n il also claimed (prOven In lew cnsef
tbaI many Of the wells which have stopped m,gr' ~
Ieani ort and the adjustment OF new machinery b'
nude 70 yied again though not 70 tne same sA'eA'