, 1866-01-03

Ezpensss ii Miller Farm sarlcns shipping, '0
Freight to cary 81 oil Creek s.
Freight, carz4 to New York. a5
, The cost Of transportation via Olcopolis,
the Allegheny River, and Pittsburg to New
York is thirteen cents less than tho above es-
Inmates.
To no small degree all these expenses Of
taxes, transportation, &C., come Indirectly
out OF the producer. Is 1t any wonder that
the oil business, thus fette1cd and shack1ed, Is
just now somewhat depresseds Is not the
wonder greater that with on at Eve dollars
per barrel, and one dollar TO Government,
and one-haH the oil to the seland interest.,''
immense ''chances' Incident to Development!
The suit brought ssainst Nessrs. Duncan &
Prathe1, former owners Of the Ho1mden
Farm, by Il. Honore and others, Of Chicago.
on n contract for the sale Of asid farm, which
was subsequently, sold to Mesa1s. Wright i
themselves. The firm OF Wright and Chitten-
den has been dissolved, Mr.. Wright retiring,
and the ownership Of the farm 1les now en-
tjrely with Chicago parties. The Poland
partition OF the property, valued at 81 500 o0O.
which also includes, besides the fee-stmp1e Of
ths principal producing we4 q +, territory n ef TT
the fee-H!mp1e OF the City Of Pithole is aa
follows -
Il. Honore, Phslpot, Sherman 4 Co, three
eicnths represented on the ground by Z. E.
Wells, Esq.); Chicago and Allegheny OIL and
Z. G. Patterson, Esq.); Geo. r. pcaittendea,
two-e1ghths; Garden City Petroleum Com
pany, one-eighth. Tbs General Superinten-
dent of the y hole Holn:den Fn1m Is W1lIian
Baynton, Esq, who has heretofore 50 ably
represented tie firm of Wright 4 Cbittcnden.
The three lines Of pipe for transportation Of
oil are now IN worktnE order, aud save an e1-
pense OF about 41.50 per barrel. The largest
pipe Is that Of the Pennsylvania Tubing and
TRANSPORTATION Company, havinga capacity
wells to oleopolis, Al the mouth ofthe creek,
and q point for transportation on the Al1e-
gheny river. This pipe Is six Inches In d1-
ameter. The principal officers OF the Com
psny are: President--Hon. Jos. Casey, OF
Washington, D. G; Vice, President-aon-
nre1-s. u Spencer, Of Rochester, \. T.; 81.
perintendent-lwltha q salary Of SIC, 900 year.
David Kirk, Esq, Of Pittsburgh. At 01eo-
polls Is already erected an iron tank to hold
fifteen thousand barrels. Length of pipe,
about seven miles.
The pipe Of the Warren Oil Company to
The hills to The allegheny, Is two inches II
diameter, with a capacity Of ono thousand
barrels By the aid Of its force-pump. At
Henry's Bend the company Is erecting q ro-
a1cry. Tie officers are: President, John
Warren, Esq, of Flushing, L. l.; Vice Presi-
dent. 9: 81; Warren, q Boston, Aass-; secre,
Schenectady, n. r.. This is something Of .
s'close corporation" the entire capital stock
Of the company being owned By the trio Of
officers mentioned. The Warren Bros. aro
"o'd hanis at the business" aud arc some
what noted for hsytng touched nothing which
3tx
hands.
The "alillcr Farm md Pithole Pine Ca"
o n.xe two pipes Of two inches diameter each,
raaiasans eiso from this great oil centre
nd Hrnn by G W Soh II Ga,o,,nS
Ohio. superintendent and manager; W E
Van sycke1, Of Jersey City, master mechanic;
md Henry Ohlen, Of New York. Alfred
Smiley, Of Union, Pa, Is assistant superin-
teudent at PIthole. Capacity Of the pipes,
2,oo0 barrels Per day. The OIL ia forced by
and one-eighth nniles, to Miller, on the OIL
Creek Railroad, aud occupies two and a half
hours in It's passage. This pipe, In winter,
has the advantage over the others Of having
its terminus on railroad instead Of river.
There are four stations, with an extra engine
Al each for emergencies To mechanics 1t
may be Of interest TO state that the s,xiio7s is
two and half.
Transportation per barrel costs-to Henry's
Bend and Oleopol{s Il SO, to 3fll1er's Farm Ii.
The Pithole and OleopolIs Railroad Is COM
pleted to almost the suburbs Of this city"
whilc the olcopolls aud OIL City Railroad Is
full competition BY the LIST OF February. The
Pithole and Reno Railroad, under the super
intendency Of Mai. Gen. Burnside, Is being
built with great rap,dity. Aldwinter viii
probably witness its completion. Plank roads
a5e coming Into town, and among other IN
stitutions " is a coach-and~s six running between
P1thole and Titusv{lle.
The daily production Of Oh on Pith61e has
not been materially varied aimee cur last. A
few new wells have been struck, just about
making up the deficiency oecasioned BY oil
wells falling od or entirely stopping.
No. 14S Holmden, the "Eureka WE'LL"
since the sucker rods were drawn, has be-
come as productive nearly, II not quite. as
the "Poof Well" the largest of Plthole.
Amcur its fortunate owners arc. Mr.. 1saac
Cohen and Robert Leckey, both IN the EN-
p1oy Of the United States Petroleum Com
and Cashier Of the Company respectively.
No. II Rocker Faru, "Hank Lawton We'll"
Is producing about three hundred barrels
daily. Owned by Bonta & Drew, Sumner 4
Pratt, and others.
Attempts we're making to revive the old
yorable, oil aud gas In considerable quantities
being obtained, when break below occurred,
and the tubing was drawn. The 'working
barrel" at the bottom had bacome de-
tached. A day or two since this wzs 6shcd
out, and new tubing Win be Inserted at once.
States Petroleum Company, feels confident
that this old pioneer will again rise and
shine" He considera that the cause OF ita
stopping, supposed to have been the wearing
away OF It's secd-bag and flooding thereifon,
Is only temporary, and that iae "e't ,hst S ,noa
.7ssp, .ssI, which Hamlet had 50 many nl's'S'ns'
since the seizure Of certain wells to secure
the Government tax, and the decision OF the
United States Assessor that such wells should
b held to ths :, q tse e1 alR, nf H.
Various .tworklng interests" has been fn-
cited. md. a. q result Of these Investigations,
Il has been found that good deal "s}eight OF
hand,' has been practieed by some oi the well
auperiuteadeuts. The working interest,""
stance Il has been deemed wise in some IN
stances TO- reorganize theIr companies. In
the spool Wen'' organization, Hon. William
D. Snox; United States Senator from
Arkansas, Was made President; John
hcGlnnis, jr.. Esq, Of Chicago, seetetary:
Capt. Easterjy has proved himself the ''rieht
man IN the right place." and Is reputed to
have managed the affairs Of this great we'll
(valueI At half m1lllon) In the interest OF the
aoekholders, Other changes hare been made
IN other wells, In each case apparently for the
better, 90 that those interested IN the prlnci-
pal wells have been inspired with increased
confidence that their interests will DC pro-
tected, and dividends more commensurate
with reasonable expectations be declared. :.
Pithole Greek having been pretty generally
developed, explorers are seeking new fields
Tor operation. At present the new OitdoFado
promises to be West Hickory Greek. . few
miles east Of ritho1e. Indeed from the 6Est,
the star Of the petroleum empire secms to
on Creek, branching of at Cherry Rrn, shin
tpc with renewed lustre on Pitho1e. and now
breaking through the clouds oyerhansing
West Hickory Creek.