Oracle road takes its name from the town of Oracle, which takes its name from a nineteenth century clipper ship called Oracle, captained by Albert D. Wood, which sailed around the world trading goods. The clipper ship took its name from the ancient Greek oracle known as the Temple of Apollo.
In 1876, Albert Weldon came to Arizona and located a mining claim on the north side of the Catalina mountains, and named it the Oracle, in honor of his uncle's clipper ship. His uncle, Albert D. Wood, took command of the ship on January 20, 1857.
Source:
Leighton, David. "Oracle Road's name honors a mine, a fast ship, an ancient Greek temple" Arizona Daily Star, Sunday, January 15, 2017. p. C8
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