panics.”Oil SrsiKa.—Qnite an excitement was occasioned on Wednesday by the discovery of an oil spring on the property of Mr. E. A Bennett, at Ole^plis. This sprint is suuated on the side bit! above the refinery,- near the mouth of Pitbol* Creek Water- b#e been used from this spring all along, until Wednesday. boMbose usiojt had noticed a peculiartaste to it for s* me d *ys before the oil,was discovered on it. On Wednesday oil bubbled up qn-'te freely In the spring, and several barrels of th« preciou* fluid were gathered It is of 42} gravity* much better and far different oil from »hat need in the refinery, or run through rhe pipes of the Tubing Co. Gas arises from - the spring in such quantities that when a ligh«ed match is apt tied it burns readily. ThtS precedes the idea that the oil comesfrom-leak age, and establishes tbs f«et that itcomes directfrom natore*s reservoirs. —A'tfok Record. r \