The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1889-10-22
lHI JACKSON MYSTERY
A, Much a Mystery Now as it
Has Been at Any Time,
THE MANNINGTON OIL STRIKE
.. sorc But the Capacity orthe Well
+. Not Deyelopcd-The Town
Crowded with Spectators
The Real Estate Boom'
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u,ySlSorov, W. Va, Oct, 2l.-The
r,c.,,n well on the Hamilton farm is as
rocb mystery to-day as II was yester'
J,y. a,much a mystery to the men who
Allied il as to the hundreds, natives and
visiting prospeclorr, who are Oager to
tnoq what the drill has struck, All
Hs, KAT tbr best informed know ia, that the
Iii ll in the "Big Injuu" sand and that
,bs o,I ,purted up on tue derrick aud Ia
karl Ia hold in. The wild rumors OF q
ina barrel we'll were based on y good
Having Of oil and the great mystery
%birb surrounded II, The well may do
iOOO barrels day, II may do 10 barrels.
S,bpdy knows how much II will do.
The home people are confident II is
N, thing. Experienced oil men who
S,y, hen watching this territory with
s,,l. eve and flock In here as soon as
Is M was known TO bU In the sand,
syolct a fair producer. For the expert
,hs operation has an interest beyond It's
D,odurlng capaiity. Oil men are great
Gsors,s, and the Jackson well will con
s,m some theories aud upset others. AT
nrrsent those who think the well is on
ibe eastern verge OF an oil belt seem to
have the best OF 1t,
Acting ON this theory operators and
,neculatOrs are securing the country TO
tBr wrst for leases They were out this
morning before daylight, They Contin'
ned 10 20 out az long rs they could get
teams Farmers have their ideas pretty
well up for wildcat territory, and In
some cases, where the land Is needed to
ronnd out large bodies, or where 1t bears
aspeCial relation to some operators own
prt theory, the seller and the buyer
meet on the high level and make deal.
Some owners will not lease at any price,
prelerrinv TO await further development,
which they are confident will soon come
their way. Every vacant town lot Ia be-
inv spoited for an oil operation, and
prices have jumped wonderfully. j. O
Dent, Of bridgeport, Ohio, owns an eight
acre lot on the edge OF town for which
not long ago he gave $500. To-day he
could easily get four times that much for
his bargain.
Rrmolrr land, worth an average DISCO
an lcre for farm purposes, Is held at 500
for the fec. OIL men are slow to jump
at these prices, having a liking for leases
with cash consideration aud q royalty.
Ilthe Jackson well does the handsome
thing everything to the west OF Its line
aud not too far away will DO in demand
at almost any price. Tankuge for the
well isexpeCtrd on Wednesday or Thurs.
day Of this week. Jack Montgomery,
tho head man in the operation, well
known IN the Washington field, is now
in Pittsburgh looking after the necessary
equipment. Assoon astle tank Is ready
the well will be opened up.
When ] visited the well to-day the
driler aud one guard was there, and
they "knCw nothing about It," The
oil marks were Oh the derrick, and that
is all that can be seen by anybody. The
one hotel IL doing 80 big u business that
u second house, built fora hotel but now
occupied by private families, will be
opened to the public this week or early
next week. Money is circulating more
freely than Huntington ever saw IL be.
fore, and everything Is going with
rush Tue West Virginia well on the
Dodd farm, near GlOver's Gap, IL 250
feet down, with bad fishing jOD on
hand. Tools have been sent for in the
hope Of saving tile hole. c.u.H.