The Cadiz sentinel. [volume] (Cadiz, Ohio) 1864-1911, 1865-02-08
OIL INTELLIGENCE.

glnld, long nOueu IOr ltS Sdlt WcilS, Is ToplulS
Increasing i'll importance, on account of its
wealth OF petroleum. a great deal Of the
land il the valley has already been leased
and boring will commence eariy in the spring. /
The most abundant surface indications are, !
perhaps, found on Cooper Creek. Blue !
Crock, Little Sandy Creek, aD@ other tribu |
taries oil Elk river, and uprn the PocOtalca |
river and its tributaries,
The business men OF Rochester, and New
York City, have organized Petroleum
Exchange.
The Kentucky Legislature is chartering
enough petroleum companies to bore good
portion ol the State. Kentucky evidently
has beeg visited by the oil fever.
The Marietta, CO.. Times says; ''The
Oil fever is unabated. We do not see so
many strangers in town. as heretofore, but
the spirit Of speculation RACES as ardently as
ever.
The Sandusky, Ohio, Register says that
it understands that the proprietors of the
Plaster Beds on the Peninsula intend to
bore for oil in the spring. Excellent in
dications'' have long been noticeable there.
A company has been formed in Cleveland
for boring in Lewis county, Kentucky, and
Crawford county, Indana-Oil is found in
the these localities at the depth of three
hundred feet.
Col. Gowan, Boston, coming down from
St. Petersburgh, through Georgia and Cir
cassia, when in the neighborhood of the sea
of Azot, stumbled upon some oil wells
which the natives were working i'll very
Indifferent way, and which the Colonel
bought He then came to Paris and Lon
don and organized company, sent out men
to work the weles, and ships to carry to
London and Liverpool the products and
| they are now paying handsome dividends =
But what is more surprising still, the Col,
! in returning lately from the Black Sea, to
Paris, stopped on the way at the Island Of
Samos, On the eastern shore Of the Medlter-
| ranean, where he found and bought anoth-
er oil we'll What is still more curious; this
well. What is still more curious, this well
was spoken Of by Herodotus, the great
| Greek historian, four hundred and fifty years
before Christ, and from that day to this no
one has thought of turning to use this i'm
portant discovery Col. Gowen has bought
fifteen acres of ground at the ordinary price
of land on the Island
PETROLEUM In SOUTHERN INDIANA
A correspondent in Martin county writes:
Petroleum is all the rage now. Fortunes
are being made in few months on lands
heretofore not worth the taxes on them. -
We have often heard of the pocket of lndi-
ana, but never heard what was in it till re-
Gently. 1t is now currently reported that it
! is full of petroleum. No wonder the peo-
ple in that locality are enlightened peo-
| pie. Large companies in Louisville,
| Cincinnati, New Albany other cities are be-
ing formed Of wealthy and influential men,
and their engineers are now in the held pro
specting, with view to locating sites Tor
wells. If Providence dispenses his gifts and
blessings evenly, it is is thought that some
thing rich lies concealed i'll this locality, as
the surface can boast no more than the laws
of the land allow it. A large portion Of
Perry, Crawford, and Martin counties have
been leased or bought, and the ensuing sum
mer will satisfy parties concerned whether
the pocket has anything in it or not.
| CONSUMPTION OF PErRoLEUM.-We sub
ioiu' ',e following extracts from &c. Nor
dnunt & ,Nos. Petroleum Circular, datet
London. Ja,, ,,uary ., 1865, which are OF in
terest as showing the growing importance o
this article in the s.reat commercial centre
of Europe
'The consumption OF Petroleum has Gu
ormously increased, as it's utes become NOR
and more extended, and the public nind be
copes gradually disabuSed Of the ialacy o
regarding it as a dangerous burning nI. bu
tbe figures of the deliveries must not H. ia
ken as the actual ratio Of increase, as tlltr
has been scarcely any export demand, al
through the year, III consequence OF tn
Continental and Colonial mar Iets having
, been sup7lied direct from American, where
as. in 1868, the delivery for export was a
lerpe, or sometimes larger than that TO
home consuml ton
"(!RrDE PnRoLEUm.-Ihe British re
. finers are now making great Improvement
in their refined OIL The deliveries from tn
public warehouses are scarcely fair crite
rrion, considerable quaint. les having been ts
ken ex ship direct to the dlStllleres In Lon
don as well as the out ports.
The total export from Am erica to a
" parts was, from January lst to pecembl
: 10Th, 1854 81, ,l2l, ,79l gallons; ll'65,, y
l05, lS9; 1862, l0,523, ISL. The totH IN
5 portation to London from all parts was !
y 1864, crude, 27,7l7 barrels; refined 4j,z'
d barrels 1868, crude, $4,000 barrels; refine
j. 81 600 barrels 1862, crude, 10000 barrels
The quantity of petroleum now atioat fror
l. the United States to the United Kingdor
:, is about 1900 barrels.
IS 'Erom Canada there has been total ces
y. sation of shipments, chiefly in consequchc
n of the disparity Of prices. Flom Wallachl
d about 500 tons have been imported, and a
immense quantity is available, should pr
ces suit. Large districts in Wales an
q Scotland abound with the oil producing co;
az ,s which may be said to be as inexhaustiblc {
Il Il the coal used for burning The productio
~ is about five times as large as last year, an
" the rcfners promise to produce an oil equi
to the best American in color, smell an
N burning qualities
IL PETROLEUM AS FUEL. that Petrt
p leum is on every tongue, the following art
IS Gle from the London Times, showing Ii
70 progress in England of the experiment con
u menced in this country some months ag
looking to the substitution Of Petroleum ii
re coal as tnel will be interesting:
'e IAN elementary course OF experiment
a. was commenced last week in the factory DE-
1t partment of Woolwick dock yard, with
RS view of testing the capacity OF petroleum
supercede coal and other fuel on shipboar
ot and also in propelling steam machinery
y factories. The method adopted is total
in distinct from that attempted some time at
as .n in the T. s. of America, and is patent'
Of invention Of Mr.. &. j. Richardson, an eng
n. ~ neer residing at Kingston. He has subm
=" ted his plans to the Lords of the Admiralt
and has obtained permission to carry out j
% suggestion for the benefit Of Her Majesty
'et service.
r. "The plan under trial is simply to bu
n y, the petroleum through q porous materi
ne which is placed in an iron chamber, .dipp
ut into water vessel, also of iron The
H. admitted into the chamber soddens the pc
.es Gus material and rises by a sort of capilla
,e- attraction. The surface then catches {
is and burns rapidly as long as the. oil is su
It pied. The effect Of the fame is 50 gre
Ip- that with the small apparatus, which Is OF
in two feet superficial area, and afhxed. to