The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-12-03

ID II @ 5 = Il c L U 5
rHE HOOVER q MAisHNIL OF COMPANY.
ONCE, 80. ss s. FoCRrI street, below Walnut, back
CAPITAL ssoooo. SRRis SI P,s' 5Sai: PAR vALrr sro
Tie WoTcuy cf Oils Company Is situated on the ALE.
gheny IiNer and embraced within 'i,iarrr Of about
Two and halt miles from the town of Franklin, Neunnpo
county lennsyvdma, and upon the same side oI SAID
ltcon.ists efhe entire working interest which is one
half the on produveil In Lease and Oh Wen located
as t6c"HoOVER ( MNEsuNiL WILL
IKE number Of rods uron he River giving room Tor two
more els and has an uneNPred term Of ,cny seven
years There also rst-cass ten horse Ensinc, luo-
ing TANK and every thing necessary to carry On success
Ihc Wen (Which f. a flowing and pumping one) has
been In operation for three years. AMI caecsSy handed,
yudng stoppGgcJ at times Foripy Eighteen Barrsi, per
day, yielding Tor tie working interest Of the Company
qualities commanding for 80 TO s. per barrel more than
actively worked hv hc celebrated Taicnt Air Pmp leaves
but e doubt of rs being restored 60 Its original produc
Tho other property ofhc Company consists in valuable
iNr uact my acres In Zee siHpe adjoining he oNlrem'
borough ue ,t Franklin with large ring surface t'cnE
the liver ard also upon tho creeks that ran through the
nom s cOutguiN TO the county town ot one Of the NEST
houraling and rapidly owing towns OF the State, large
IL tic product of the wells this region there has ever
bic disco, cry u barrel well ON he island opposite the
Hoover ann and the discovery OF large and valuable
producing we Is all around tho Company property Is g
eNuacbeow), stamps the region OF the yaua.
bic oil territories The Franklin CUtH, IN noticing the
new wells recently struck, saJs:-
one by Dal, IS Morrow, ON october l2,on tho Coch-
raue Farm two miles below franklin, which yielded 2iO
barrels az the first forty eight hours pumping, is
deIud good for Oh barrels John Lee has also obtained
How well, on the Martin Farm Just above the Hoover,
and nearly opposite the Cochrane, which flows over hly
barrels per day Also, hr Hubbs, who owns lease ON
q nC Smith Fam. who has been pumDng four barrels
day AZ les feet deep, sunk his well I2 feet, and struck
Wen Swing forty barrels per day All these strikes have
been within ten days and prospect Of number more in
a short time
Fifteen thou, and shares have been set aside by the Com
pany Tor the purpose otboring three moro wells.
This region, with its oil wells celebrated for their
steRdnCss and durability, the great numbers OF large
flowing ana pumping wus recently discovered, tie supe-
Tior quality ui the oil as lubcaOr and the high prices
always readily obtained, with extraordinary smopmg
facilities, nom the wells being located The margin OF the
river ana only TWO and half miles from tho retro td
unite 10 uncr parties wishing 10 nvcs. I'm oil territory
safely, Inducements Of the highest character.
Books Tor subscription open the ofce Of the
Company, No, 2OS y. FOURTH Street below VALIANT,
Only limited number VI shares VIII be sold NJ 50 30 per
shave.
N.Ii-Royalues having risen 70 ouc-hllt the oil, the
Company expect ~ realize largely from leasing portion
Of their tract held In fee simple.
ii. oct \. =. PHILIPS, Treasurer.