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Andrew Carnegie and the Columbia Oil Farm
William Story Farm
The New Pittsburgh Owners
Columbia Farm
Carnegie's First Visit to Oildom
Carnegie's Pond
The Columbia Oil Company
Brass Band
The Earnings
Wells and Operations
Carnegie's Departure
Trivia (?)
Concluding Remarks

The New Pittsburgh Owners

Ritchie, Hartjo & Co., often referred to as a group of Pittsburghers, now owned the Story Farm. They proceeded to survey it, laid out numbered lots in the flats for drilling purposes and leased some of these to interested parties. About twelve wells were drilled, but revenues suffered in the opening year due to the low price of oil in 1861 brought about by a few big strikes on Oil Creek which temporarily flooded the market and drove the price of a barrel of oil down to a worthless level.

© 2004, Samuel T. Pees
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