The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1889-10-21
Eureka!
yHB new OIL TERRITORY
In This State a Sure Go aud No
Mistake About It,
Tho Excitement at Warrington
Over the Great Strike
-,.,. WWrUn
IS REACHING FEVER HEAT,
Marion County Fully Demon
slratos 'I'hatShe is in the
Oil Belt.
Real Estato Advances Over n Hundred
Per Cent Ia Two Bays-SpeealatoFs
Arriving on Every TraIn-The
Town Crazy OSer the Coming
In OHthe jackson Well.

Sttelal Dipdch 10 ne IntsuigefIeer'
'MASSlSGroN, W. Va, Oct. 90.-Now
tbatth Jackson oil well has come in
80 handsomely, the wonder Is that the
operators Of the languishing fields in
southeastern Pennsylvania have 80 long
disregarded tho logic Of results in oil
operations in Northern West Virginia OF
recent years. 1t was admitted that
belt run Dnlswher through Northern
West Virginia from thV Pennsylvania oil
fields to the Parkersburg district The
discovery Of the gushers around Mt.
Morris in 'S7.SS, served to limit It's
boundaries to Marion and Monongalia
counties. The "0ld Hundred" well,
twelve miles west Of THE place, though
drilled to the "GordOn" sand, came in
a"Susher," as did also tho "Farmington"
well, eight miles east, in the "Blg In
Jun" sand. Thus the territory was mar.
rowed down TO the section surrounding
Morgantown.
rRoT. I,C. WHITE,
Of the State University, on giving the
strata, ETC., a thorough examination last
winter came 10 the conclusion that Man.
nington was right on the line, and Or
ganited a company to deyelope 1t. The
company leased several thousand acres
negotiated and contracted for putting
down the well on tho Hamilton farm,
which has created such a sensation In
oil circles. The oil was struck in the
"Bls Iniun" sand at a depth Of 1900
feet, OF thereabouts. Tho well Is loCa.
tedone.hali ola mile east and one.iourth
Of a milesouth OF town; 80, II the well is
an "eastern.edge WE'LL" as is asserted,
Mannington ia right in the center OF the
belt. This accounts for the eagerness Of
the oil men to get leases on nearby pro.
perty, aud also good sized lots In town.
GREAT REAL ESTATE BOOM.
Property is having such boom as
never was dreamed Of before. Lots that
could have been bought a week ago for
three or four hundred dollars, are now
being sold at thousand. 0ne man OF.
iered loSell his house and lot for 500 as
late as last Wednesday. Yesterday he
refused sl,5OO for 1t. Cash bonuses Of
from twenty-five to three hundred dol.
lars per acre are being offered for leases
on property adjoining town. Last Mon.
day a sulalI twenty acre piece, four miles
from town, was sold for 5000. The next
day II was re.sold at 81 900, and now the
man Is offered $500 for 1t.
CAPITALISTS COMING.
Contracts were lot yesterday for mum.
Der Of wells 10 be commenced imme-
diately, Oil operators from Pittsburgh,
Washington, Bradford, Braddock, Mt.
Morris aud many other points are arriv.
lug daily, all eager to secure a ioOthold,
II only Il town lot.
Several prominent capitalists will ar.
rive tomorrow. A large party came up
from FairmOnt to-day 10 view the well.
Tile tanks, pipe line, etc, will be here
tomorrow or next day, and when placed
in position the output eau be definitely
determined. In the meantime, the
company Is making preparations for
handling the oil,