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1mm n 1*1 th-ft,-Ti I ■trading and «t f^rnfidbH1 #fi*fi mterefttwax ##t*f6i#Ht?d 1 rtiU ? he lt;N»n*#oIhl#tb'*tt «-f ta* wU-lf it pipe int« by lt;-thy Pt*n»1mFit pat tv In tATf there had ) prop'With mimnth# f- tr toilp»salftiUti# « of ft,### ok a fair average per writth* fate* and * flr#et of t a well producing 1*1 barrels w ottld payIn baateta Oreat h* av111I 1tatticd I it t and we r»* regarded a# I tec* lt» etet tftree tirn* s in 1*89a a h t • a a! k © *i «»ff, a r; c IW-;»ha«Kd*matrtn't *sb himFitft wax be lb V«M thy end wo* ! DMM. and return to It# owner $%$30 In j #ihno ifiBNl ciAbout t$7$|t}**F at hand. that the vast etnrks uter* ; 1**2. A tQ-harrol wait would pay out 1 Brewer Wat»»t| took marly all Iliaw i I bpftsa# hy o »iowof»V*I ground wm»!d #ten shrink t# tte pristln# j *nlt;* return a profit of SO per cent. on ] lands* Mb y could get ah* I#*-#* «* ***♦ hliia in th# foftfi arid I a v«*fi r;c* f an y n t.» 1 ofof tl , fiejb f pinwliny, adoptedW'hPR II I## existing in ?i [a in dtit* ceUfi*# lt;* * f a.f ? i i?« • th, a too feni tbo investment th# first year* and wtaveraging fin* or six; barrel** would rets oo nII Wan aufiii t \n © C t'C!) t a kitw*F*rn^r« wert: miiBy w«H« put\ sW i. 1VIM of tte M#*rtaAKE HEMOftiAL WOOOLAWN CEMETERY%ity* rtef#«l of |t eon*** |for 1IPt4.rI#II*'«n tin■IP*f “fB-fW1InW «*.i 1 rt1 o B fr*-W»yfair th* m--’tIMw 13f ihe*tfTt1I j‘cmtr •IB vt raIntieHtfNI1' flitr?o*«rlt;» «?atit*viiill# p*p#A*«»30 tif'fi'ta j** c BNati-ln and #Ur* i p» rh« wr-o t|| pvf# pip* fii ist tifa'i txirifdsi for Ir oil r* rnaiSO flu y#,WM pufpte#^!?f for #%hout two?.111:- t|i,rv ^o’ftInt i'?*. w* I| ||ji. jthf©*od Into Ht yndard iilrh Ua«t uniforta «w mdU'$' f#om ito 41 *•tnnn tin;! *’* iM ' *•: 1I up1 fi#t #mail# 1lt;- At iTly, history slf NVw n#lda t v**ry njr th« rail of th • lt;!rlltturn ttu* fnv* strnont wit Idn a. y**ar From | that th*iy had mo somo lot* real in. t 'o*1 sT** to %SHt many thousands y * r«• invaatad in all t«rlt;»port\ on a basis lt;«f payDr.ika traiput downMS a *il left. Thed t wto w as«PPyn atm out«d ! In i? tbs pure has** money within t» grtmt sear« tty c*irtUw• #£*•*Steftii ' i \% i Iflffr ifta v.v.ifr, Wf§; lit r t* i «i-r * adv tf* *rtunlt;i t# be ygar, t heforytve them withWhisky bar*els.UiP*s I* Impnrlauf lit.rf* ty#vf11' ff|p|ld to So11» -1 t*a r •r-f tJ#4 fTionth: i, i 4 • $ y : ;:io wily t#unit# of Irat has hy | fin# . ffuairyl*N'l A! i- Ushary,ont posI ♦ if f*fji* ofyv 1 opinenta in the and cuie that h*1 of the rb’h dek i n«I s o f 1 a r re J s y ♦ ? • o a All sot is ai % i b y wu y «f t. a t»KMl atf *h v :lt;*'« \\ lt;i sn «y Ilia pits \to 18 months.From the foregoinic it wilt ho seen that producing oil at the low prh , « prevail! Jiff during tins ite was vastly morr rarnunerattve than pro* iding tankak* and it* the ground and Hm d wtortBK oil at 41% vents per 1*960 hut- planks. lt;r*i »»f fhtse, hit *■*■ Is per daywmftaitII, I lt;I hi ■ M titIfori.'HttnaaatIdQthe st n te rvifr .1 £■» #• rr. lt;t h t o! ta t! t lofl of t» dt«*t r ideUNCLE BILLY SMITH.| lt;*lt;; ritry, eover®d uhou* know how many thousands barrelh I wotiUl hold ”Itv M*r»Mrird at II 4ftlt;»1. f a !1 d nowat I n aons ae 11 vl t vtut; Brailt ? tha i it i I i 8Ttt tt at 4 'It v* caats per i 999 I much pro ifteft the rate- waa j to he ewp v fedueed, «« a result .of the* Fifth Avenue fv . •»v'tori StorvSeme Events Forgotten.Fuhleets with wfiteh he had no tm madiate cmnneetlon had not fixed them■% a IRadl*trie?1*i of el lt;*t*a fitiueers Martl fNHI Parrel *a with i* t8. 1 tl 7. toidl pro.(.ants f- up4r-r I 9®oA\His Narrative as the Driller of v. ^ __ . I yv'Mlt; » 1 iivt hlt; • ■ abo'.-* m- nColonel Drake s First Oilin North we soMAn Fro mi* tit Ait*etlt; KKI?tysara ana■•'ori id*- nt i -hi* name P*-ofw*rI yha r t ♦i offef^rr. iin* st a own tu]f fO'fl 4 jf'!w a 81 aI ri.'ttli'fjt an1 onpay day or•nth Oil st(»tag‘ ix n» wm la ? v ■ r «i- a la thou lt;v». ton. this rts CWiio % t *. t Maekalf Ti’m i . r' H* :io r» and Lima,at» i ' tl, HUd ;\]\\y«f Vlraltin* mtIfI roti otor tat ion ir i larrmeH,e pi]..1 a * t hot ifrnwwM i‘Perry-iirg ti) rapidsail I tar y order, with nMivk v apd India teent. b\ annvb proditcin| hrm#J 0. | ;|#4| V«« tm’fl| pJ *lt; f-T : 4ftK■4 ' £ ’ f'1 4I Fshipping faviHtir-x pro»rm outputPipe i,-.net That Ate D ikr*.«?«gr**at manpi ■ y Idod by j whibh win'i f I h** eit? rI 9111,,! rtomi ■* « fits matter ofI m\mlt; np*I p, meet ve olnprHTi f aj I):»*'« Utl#' I bo *-*■■•a ddt'itoI boawt wh.b.*me from the trolt;hpra n d o fT* *Well.In the terMck’» Haadhook of Petroleum .-I P*vtrx tIn* followtua interview w iMiwilliam A Smith, who, with bin hob, drill* d the. v dl for ttrafe# In \*M The in ten lew wax fMMCHFPd by a representativeof the I hot irk In th** lumtnft of tilt, w hi n Mr Smith wm Hvlnr on a farm m| pout*! not rf rnoiBter th*- ,v svr In w rneh first now a pipe* llfriy intf if run from i i Miiior farm to Tttugsviile, His iiuprIwI I.i. rwi riesipa f plt;. result* of i Butler eHumty, P»., nearly fl?« mtte from j 7' V » bipmont ». * up plF'd railroad or pottofflcp, on the banka of 5i' i i »(’ 'and *Iftfn10to#*■r*-11: PStit to11*1lt; underi no m i:ff'.y 1?fmrnWM W t b?lt;dA ' f i jrJr ■a x*‘ tit finnartfa? tintt*.|A *t f a i report ftlj f f »n\ uiti wrmrtI n{.it ri-ii r«wtftI thBit1i.mk.ige « fnan fll lad.r fbiT » i a9k-i, 1 #■*WoalIH V* fi,It imposef oil trail® ^d* r the wifirfs, mm m only; hoiI-, t ope r a I if s ?,oiwUfifttfConstant Shifting of Burden.\\tV. * *iu ftiorlutian rtmPmst nr*In* Fa.at of th# SllnalanlppiBnt¥ flJ found to ho rminmtlyitlira? M» olinrI urdfonul• .in* 1 ? j find JiyftOfiH lHough run Me fsal*l that he wax tern ; In Butte eoutviy* March lit, 181* Con- |innatid for more l Cluing, ha #aid; I) “l began drilling first tn 182Stand mad# j the tit*-1 #et lt;*f iara that ever wen* un-d. t i used them at Freeport in 1*30 ’* jtpfckhtw, in his elaborate report on I .ion, there waa a constant j petroleum hihI Its productM to the ccrssus I haractcr of flic feoi^lncaii, j of 1880, aaeribe# the invention to *’BU\y ‘ |gained In one thdd we# I M -rrta, of Karuiwha, VS Vn., ami theBret tut# in itS L)’* I made the firxt tern per ncrcw also inI felon al#o wm that th# flret rcBnery w«#• erected at TifuevHUn and there w'as a; railr oad to Titnxviil** before he lei!, hut l could not eay what year It was.» “Did you invent the ttand pump Mr.| Smith** war? aeked lt;11 re* My.“Oli, no, the wand pump «*ii in uselong Ik iv-tv I wo** In yen led. There is agr*'Ut difference in Hand pumpa, tbough,i v e d * tmfi st rated \ in* t run re than“The jar#. 1 believe, never were pat-entod? ’ ' ,V;. ■ '“1 never patented mine, bat I understand there Wa« a patent got out after-wards by John Bryan, and partly# in U.oftof the jforfe gutd# for t b# e» on Ofer. During thend tpiiCit y of lt;»il varied 1 1110 anlt;l the nHt Jointm uh» i in a dribIvsthhotorptmte r rDfc l i {tef * ■•!'■:IlfO;»t#T In t.rul«pa !t f ■ *-#• ' rrv'f»OIL Ifi THE UKITED STATES.UtoJoglcal S ti i**e jr EstimAtA# of TotalProdactbsn and Valuesth# till# to the oil remain# v#wu-d [ in tii# producer until sold, notw!tbs*ti».ritI-Bg the rdt ha# pa#«#d ItHo the. ytixlodylittle. Chores l»lt; ing but two gutdlt;*», and lug ret/ Before the## ImprbVenwnt# it \ th4 .-0 w». lt;o d)8tln«9i«ted iti * and t-ok siy or xbvlt; n y* ars to drill a well^I.KUvy.” th** light was burmng o1LMlt;mi feet d»*p, with fh#t*c improvementx Iofieirr\\»et, the title pams*'#j and ttIfy, bibrnattPK. Both are of i Midi a well could be put down in threebif iLAnIf*:/!total pr-»d u Mon off Jinof h■ r lt;•*\to 11 in 1 ■■~:X380bt».«*' * U; 1over y . logical I dates, tent j ifiirnia was Ih th# oil wter* if ii*sve« the pru hn -* h «nd#« l ias? of iU Jnuift, id to- llpvftsd*ict1«4? a public boftlncftft operAt# W rnme»trrivrft;■ Wr#t of IHdlnisit they ate not ttnif( rttif op#rated nn eon carTierft, the exception* lypemte *# pivu?o lt;b-aIf?** trmiittg ip oilFieviitift to the openirig and developfinality now knownl€it h*j os i,ferce. traders* n where * bttak« onprnv^l l.»!*eriu«\ Ivania i month#il of co*i“SamUt-I Kior'ft father btd all hi# worklily oil r* lt;oguS/ed by ftoli# dotif* by w \ They c«rri#d on salt works.• oil ot*.-tengo; the nply oil If Mo v lost any toobs I did the hfths tg. ibeat lt;•* wen* mv opted iy*Mi\. Ipvvrjtefl a nd made more flsbibg ;ati iftrmi with the nm#1 p- J toolii than any other man in Fennayb |hato.d tb** only oil - Vfillhi ert 4■NW tilt, if oof ! rrjont of t Cg Bmdf»■ • d P hi the ft torriIlfo tv* -jits*ti SinifNHi forMr »f ifes I.4 VOt-.ml: p*oth# 11......Us- hit -i i Coinfeatu re, ft Ilifenoitv ru and now lioporttird. was an instgnifb ant t‘«rt of thebuftifb“ft of the pip# UrIn the earlupon wmr*s wan e tempts h« f coitf' rrin ftlandirsg *iia a*!■ J trs'-mg lt;: sry j “Yes, s’s , I think if ir hadn't h* n f.?s5 b-t Uni A * * 11 for the pm pnfto of a# It the poincfCldl i »\• d by F* nri^ylvnnia oil*a ti) VftlV#,$ I 4. e :* » i» d| j ft r*t-enla tlt; * 111,81;! j t jo tr oviie lt;• * ■» * r ■•lt;'■* » »••«» « u»t«m.ny for (r.t.e-rs »«■! i , „,jfwted in faittmto own tankage and provieh* ftlor Tbofte wvr# fil tedwith oil bovuht lb a mail bd* from pro %$% jJi s dtfcor** Jit dull flm**#, during sacasomi ofI 1f*'fxt wiWftUft o* fsd are?Best of TalfttM Essgigiol.• e am) i i u of Bat-11 is?:;it11 s#-1 the 4fcf I wnvft t*ecri aI rent- | modI' t’s 4 F|,l j l.f; SWtf7 iy: |k /I 'Wit hhim i ihitfi\r »f f tpf t Blment • hronit' f«f*1 j } pill J n \wt^r'k•I- 1 whojft*- *■fceptiors of trdft io-t i lie *»mf Ii f-p } h #of tht? then tH5.krs'.iW'fr.ept, he ftefltided tb*n bo? twoMr. Chart-# If#ieftt marlSV|f?'W r iHEi r aipimtm hmiVl-lftejf ftl)4 I Wthe’ ■lt;•'.£mi iiMllty to r in th*Mill Oh iriI * !|i T» k a14; Aft*# | f lofte d Bnvlffito, and held forA f a r1 At II f1%It f rorjuenfly r I t'74-J j an «rcej-.table m#.rkct when shipping .wt 4 7*iT,tift * (* ?' i* »; .ftTot| f #csiib44ti!*moi of rhr mripti ■ffiejplly ((or- {.*» tiIntncnt fteiUfj I-Vteusi Mrol Mr -jer And |i rr*dlt «hoeiId I*# iMveh tf» M liiim#* e»f Hew Vork, *r w tthe gft- .'-if hi*«,mr.«- fsvtp'e wa-I# r.norr*4rnertf itrs 'mired 5on th*r, John Wtl o*e fotindfj1*1titrKKftftiuekI #* ? r*#fV - #f w*w Ytitle Itwdng tlNlhau#!*ft 14 -ft | #to)lectio)) of ’h# eb sign of Mr i in*tv i I €trp lilt fill m ft. i MfHiipn. At Ml^/T n rHI oi *irglt; individualof Mi*• m wi’lgti- i af.hnm,jo f m ©fStit ml fl«r w tthi* MJifgeiiMon* for the baft rlt; ltlt;fs upoo I chimp* d t*)isf*-ftte «trl.4»f r*t etui of the mot u- | ftninrm in ftie h awhh’h help *i# much to ;lt;dd dig iUlpec to the whede.Tit rurn) ic ha* all been put j 1’cftn*Uoe e. lots dov*-bailed and I v: !* r w H! s heavy hr a n % t* f te 1 r#.y #44 to muk# Mi# #ntire sf rue! us e *•mjuribg tftf couturb a to j Tefaltendon* o * if thi# work !* nliif'tab a uoml»ii I Wi-»t Mffclnlab 4 11 * 13 - 1 f -H,I *lt;n tm;S ^ I4, iiii, 1 olt;1IJ44 1.140.! 18 lO.ftjPtf If 4k,f»^.74S ’ 4D.3S51 I.L*f*C P 41^# *** ft* *f i . 0•IE •lt;»IHfiILMf.tll11 ?#.!#«, I i!l$23,4M.S023 4 «, 4 0:1* '* e * v '• jf7©4 tt j ? 4131 174#11 ft i R?J5I,f.3S 1111*484,4(4.1 4 744 7.,«St, #2# i*i 8ii.s*;r,in ad-Icry to Jponded upon the «Ja|p' uf the. vrat- r In 4 j the creek of rlv* r. f'»uly the larger iamong 1 early pn-aJming firms pro vided fankng# and rtwort*h! to #109***#Th# ijfacl ieali v almultanefms ad vent of i V. '... ' .. . . . S * 'w!• d and p ud Repealed at f m# the oil would !savlt; beer* In the groundy#t. Drak# often told me tbnt. If that w* II halt;l not been a £Uo'lt;'h« there nt v*t would have teen anothet ailempt by any one. \fter the Irakc well j followed the oil business about H year# and drilled more than 100 wells and never drilled a dry lode nor put down a wellthat did no? pay,’ Before ?»rak* engaged no tn drill thatthe?**'for#to the dignity of a■•peeuioti\ e commodity. All the tradio#in oil eertIheab n dlt;■■ pf##♦'n'i#.d iHmyl*v an hi oil.tt ha# beenreview, that wildcat pi jj wn* *x b e where jn thissuora Ke eh*i bv,, wWILLIAM A SMITHoil country tried to break it T winCM 11* d a s a will*to fth.ow t hat 1 hadmad# and ujmhI far# nm carl4stIS39. and1ties in IS I Intilraftrii and pip* Hit## wrouKht vimt [ehangline wit# inimedfatidy r* eognlintul a# a j ^, it nod thing and promptly met the proe line« in former Mmca w#f#e*e- a#ivo, * g.hi*r!*11 titt i*nd prubHdlive, i meoind-a quarter cent s a bawd per dayhad not b* u exoe-h /i, ■ in the early dai sif Hpeeulaiion; and 10 cent# per barrel P«*r mtmth in later times, was consideredl n)t#d Flpe lim*break the that the pavM prornifte*! bv IMitenlce because would wot loin isrettVYi.... . , ,dh«(i tt sf.ora.go rat# of 41% cent* per,n •wn,rv 7* ,/*’/*''• »•**«■ « ......... *12.541 ,*r monlh.year; It Hrcniol like **#anv174,§72,4V* 1128 7*6.L*S*CO rij eOpE'tM - s c ’ t ' ■ i v ■'■ s' it I | i \\ in of PEHHSYLVA HI A A VERA Cl E PRICE.*!;- lt;ajoiftl nhaofv* r, i« sure ! grentext poftthlfttc drtliltt* the rock, which, to the \ oil **|tf * y v o f *!to typlfiand with b ihiv'g-'gf.tev-i W4*r** of the I The grand «v«-ragt- prie# of I’l-tinnyD if-taiM • to th*- archi- varda oil for Hf»\ y* arn in 1 27 T-T cent#„ peeeev'-rancn p-*w#r | t.cet a,a w* re ti - ■ oggc.-«M*m« of Mr Wth per Bmd. It tn muc h higher to-day, in Ulcgerh-ii.iiy d.iv-‘ j Bard I* Add- h. *f Mr Brigham’# olfie#. j r»datb.*n to ctindidlpn, than during' thoof tu# at a Jit rv€)*t which thl# memorial | w te Lad uUuigv jt ihc vvoik iu u diiuiitU i yvgi# ut gvut-rul ektculutioiuverblAl fttte lt;*f tm* “good thing 111 being te#rdor,e The overdoing of th# pipe tine# wag almost the complete on-dnirt* of the entire industry Ball road# t\rnt lw*en m* the pat rot) s and then the proprietor# of the pip# llm-ft. Ft art! cally all th** ite of the infant Indiisdrv/ire frit* cable ip the ? ailrondeon! mlh d pipe Itm s, thrahirh overpr.aluet ion, Induftti y on tin part of the producer**, received open and tangible emourayrtn.o-t In the way of nfiinclfll ttdvane*’# to promote op* rati#r)| from ldy«‘ llrns owned and operated by a railroad, a# a mean# of creating trnftic for tin- pipes and Mmrailroad Th# re mi It wan overproduction and low p?#T«, the producer furnished iraftb- for the railroad. Witt, in ft UvdUfcb LiudttUt iuiu tUiU U Attic I uu v19 permteey',**-*-tt* it wp. Tht# lt;-xtraordinatyredie tif»n in storage gave speculation a tremendous boosit; ilu rapSlt;i ciccmnula*ti*»n of 8t9ek# dr* vv Mi# attention of thewell, ho bad engaged Joseph Doty, Den* nlft Martin and A tidy Marvin in sue cession, all of whom had promised u go.but did not.Fir»t Work ou W#lh*'! begun Work on that \ell on May 20, j the expense oft Sf»f4t Begun to drive pipe August IMlt; iihlu t got any pipe in less than a good invented the jafmany tnil« »v Drov# 49 f»at of pipe. jiv47. cleaned out and begun drilling Put It down ii little ov*r feet and atriick oil on the 12th of Auguxt,t Herein he make# -i wide departiin^from the account* hatubol down by ninny record# of writer# (iu* tu to th*iTt 1if ■ il Jpat* nt. but T have been told0 girling 1orgm ini*t h *'■ o t h nd pay t mitt. ' 1 *paten t •eyt with t r pt odu it*lr ft her0 f\ QI \% ft B \\e ofvv;j* it roft to the advantJigna to be tie A t , , .is tr.nt'.i(t;i■ ,1,.,.. lt;.f ti»»!?yny.wh;;y,rtY *how it cam® out, but 1 do know that tThai ease wm ateui■nil was worth about $1 a gallon, or119 per barrel, but it did not bold up atth ttt.All Drake got or ever made wa* iT,#9d a year for the privMegi- of puttln* hlft name *»u the barrel#.Ffwvr fellV hen they were raising funds foinarktd. That is to sav, Belling itert. wi s «*» h.-.uieliat* Idea **f covering Of com lie ing tie- it nun.P; tbm relying w iifdl upon the c/irryln* ebftrgcH for pn ft Th*’ Standards t re itmcnt of the ttad* in the matter »f storage rate# iwSMt carrying rat-#, it had absolutely no contention).' proved to be a mistake, and returned b*tlt; r on to plague It.Abate# of Speculation.* treat abu-es had crept into the specu-lat.lv* oil trade in connection with thej Hi# attention was eaUed to the dlst iep- j inonunn nt to him, Waison put downaan* y in dates, but be mis *mphiitfc in \his ?* HHftert Ion that It was August It.August 12, toccurred on Friday, and m»t tm Satu?*»!lt;, a# Mr. Smith fttaf'H 1 “W hen I got to Tltuftvill • to pm downthat well. Drake was #iek, tol l m# to take the tools down to the oil place ttnd I Went; found a me tt named Ford Rod-tb Id there, »,tlkd o\ er the prospect.#with him, wan nroupl thcr* all dav Fj 1-put down t|®0f ami paid it. too, Thtn the partb ft #Arrh*d the paper to Weab-Ihgtoit and pm I* under \Ya!son nose end ha put n couple of ciphers* to he $5aid made It $399 in aide of a minutelt; ‘ailing Id# oftention to the Drake wells again, h* fttifd; The product ion of No, « was about 14 bar re Is. and m No, 3 a bout 1 J t «i r r *.' i u p* i lt;b t .“lie had k luitnber of phot.ugT9p|js oflt;iny and set to work **n Saturday. May the pn-miae.s in whieh he appear# a# w,nDrake cam# down on Monday. Th** mwrelivH nt IIeat)v eiirtsfttu-vttUvd 1 cunyuiK iu.Utt“ t«ta,WlittiP.*d by | mill stood about kb yards Xroru the vwil I bUcteuuOb ite^Uiuiat oiid vwii urlUojr.
Newspaper Details
Oil City Derrick
Oil City, Pennsylvania, US
Fri, Aug 27, 1909
Page 16
Full Page
Clipped by
Carnegie L.
Pennsylvania, USA 01 Sep 2020
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