Sketches in Crude-oil: Some accidents and incidents of the petroleum development in all parts of the globeMcLaurin, John J. (John James)
History
Sketches in Crude-oil: Some accidents and incidents of the petroleum development in all parts of the globe
McLaurin, John J. (John James)
Petroleum -- History; Petroleum industry and trade -- North America -- History
brick-blocks, established a bank, held thousands of acres of lands and
in 1884 left a very large inheritance to his sons and daughters. Mr.
Raymond developed the Raymilton district—it was named from him—in which
hundreds of fair wells have rewarded Franklin operators, and at
eighty-nine was exceedingly quick in his movements. Mr. Brashear, a
civil engineer and exemplary citizen, has been in the grave twenty
years. Mr. Hanna operated heavily in oil, acquired numerous farms and
erected the biggest block—it contained the first opera-house—in the
city. He is handling real-estate, but his former partner, John Duffield,
slumbers in the cemetery. Mr. Hoge, an influential politician, elected
to the Legislature two terms and Mayor one term, has also joined the
silent majority.
In February, 1860, Caldwell & Co., a block southeast of Evans, finished
a paying well at two-hundred feet. The Farmers and Mechanics’ Company,
Levi Dodd, president, drilled a medium producer at the foot of High
street, on the bank of the creek. Mr. Dodd was an old settler,
originator of the first Sabbath-school in Franklin and a ruling-elder
for over fifty years. Numerous companies and individuals pushed work in
the spring. Holes were sunk in front yards, gardens and water-wells.
Derricks dotted the landscape thickly. Franklin was the objective point
of immense crowds of people. The earliest wells were shallow, seldom
exceeding two-hundred feet. The Mammoth, near a huge walnut tree back of
the Evans lot, began flowing on May fifteenth to the tune of a hundred
barrels. This was the first “spouter” in the district and it quadrupled
the big excitement. Four-hundred barrels of oil were shipped to
Pittsburg, by the steamboat Venango, on April twenty-seventh. Twenty-two
wells were drilling and twenty producing on July first. Farms for miles
up French Creek had been bought at high prices and the noise of the
drill permeated the summer ozone. Four miles west of Franklin, zig-zag
Sugar Creek shared in the activity. Then the prices “came down like a
thousand of brick.” Pumping was expensive, lands were scarce and dear,
hauling the oil to a railroad cost half its value and hosts of small
wells were abandoned. On November first, within the borough limits,
fifteen were yielding one-hundred-and-forty barrels. Curtz & Strain had
bored five-hundred feet in October, the deepest well in the
neighborhood, without finding additional oil-bearing rock. The
Presidential election foreboded trouble, war-clouds loomed up and the
year closed gloomily.
[Illustration]
LEVI DODD.
COL. BLEAKLEY.
J. LINDSAY HANNA.
AARON W. RAYMOND.
Public-domain text, read in full here on John Shaqi.
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