, 1873-03-19

Tic Excitement at St.yloryille, Polk
ENsITty.

County,
From tbs Des1foiyts Leader,
saylorrillo, Polk Co., Iowa, six miles ftom
thia city, is the aceno Of the nov excte,noE.,
Oil has been discovered. Febulous prices hasc
been offered for the woll farul. Prices ot
pro}E,orty p[,l},y IL THO wLolo uoiglborhood have
consiaes tholnnolvoa rich. All work Ia susl.cnd.
cd, except boring for oil. Mr. McQuistou il the
lucky man who hes Btruck OIL In prospecting
through abluo clay, ani ihon WITH m m tugor bored
aono 1ivo foot further. nausoorB gas conf
nenced escaping. 1Ir. AicQuiston got out Of tho
vol, end .wllon tho eugcr wea drawn
eus e uator o'n' co,'onood tGen rsnr place?
petroleum oaor illlca tho air. The roaring noiao
continued. 4 lighted papor was thrown IN tho
we'll, mud the gas 'gnitea. Tho fire was put out
by throwing eastl III the well, aud preventing
Tho vol is situated on or near the dividing
nno Of ]. 3. saylor's estate and Mr.. AfcQuistons
farm. A good.Hized brook r,.uH within few
feet fit. In this bgoo Mr.. McQuiBton tolls
coal oil. Tho morning Oh which Tue discovery
was nsado Ill. AteQuiston stated to sovosul gofi-
tlomen tint he had 1s1is PROSPECTING for ooal,
and thereaftor would tore for OIL Two hours
aftorward ho " struck ilo"
Tho we'll il about four feet In diameter, and il
dug for f0rty-two foot through hard blue clay.
About tWo1lLy feot from the Brfnco the work.
mon found pieeos Of co1tto'nwooa:: and fifteen
Ao0t I'LL tHSt aN"4A 1ofG1a' llCSsa VI eGltuts
Tlat petroleum Ia there there Gull bo no rea-
souable doubt. Tho petroleum smell pervadea
everything. Wo examined a pailful Of tho in
grolienta of the well aH it waa drawn Up, and 1t
oortalnly appeared to bo tue simon pnro article.
Several gentemon having good understanding
Of the aubleot lavo ylnlten tho wvll, and pro-
no,,nce it good coal oiI. Whether 1t aDonndb In
paying quantities or not, relnaius to be seen.
Mr. Quiston hnH had 6omo experience in
tho oil regions Of pcnnhylvanln, nnI foes conll-
don't that it docs. He thnkn il,at ii would bo
considered fair kind Of Il we'll In Pennsylvania,
yielding about 900 barrels porday,-nt any rato
ho proposes to continue his investigation, mud
demonstrate fully wlothor it will Lay OF not.
For tho past two years AIR. AleQuistol Inns bcon
prospecting, with tho confident boIiof lhat lie
would eyculunlly s'Htriko io," aud 1t uuw appears
TINT ho has struck.
A urge number Of people lave alrcndy visited
tho well. Tile wholo community il Crcut]y
excited, and real estate is hold ii
big prices. Quo lnnn who ia tho
fortunate poasoHsor Of 1.-Two acres wouldn't
look at $1,000 al acro for tho land. Others
aro equally as confident. MeQuiaton ia rogardcd
aa rich man alre.ly, and, should the eXpoctA-
tions Of tho pooplo Of saylorvilio be roaiizod,
the fortunes Of many otl4crA aro assured.
It IL tho opinion Of d geutlontan vito ilaa been
Investigating the matter for yolre, tint q cur
rent Of oil il running from Rising Sun to Cory
don. If this superstition should provo true, wo
may safely exploit lively times along the line
for Borne to conlo. THAT tho result may 10 grat-
flying We all hope, but no definite or certain
conclusions eau yet DO reached.