New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-12-20
Extraordinary Disceveries OF Petrsieum In
GaIi(aruia.
CoIiforuis

We extract the following passages from O.
settlement based report Of Prof Simsn. recently
vsblshed upon the OF petroleum oil IN cer'
t.in psrts Of California:
~The occur renee Of fluid infsmmsble substances
xpop u Santa Barbara III Southern shorni
kas been known since l1y9 but little Importance mas
Ssen attached 1t until very recently Shen the de
vsop emit OF the oil region Of Pennsylvania has show
ths Immense value OF tue great natural repositories
Setroeum and directed attention 70 other localities IN
Ghich il 70 found. One OF the must eItrsordinay OF
tsse repositories Is that near the cosst Of CsiiofnA
about three hundred and twenty miles south nom osn
Sranci,co where the usual indications OF petroleum
we're % great parties learning the iaot AZ once
proceeded to make explorations.
"Tbe impor ance VI these indications Of . great
petroleum region not appreciated BY The cary e.
Slorers and settlers IN California from the Atlantic
ats ana none that the oil vi this district was
destined add another product to the resources OF ths
Gste eQpsled perhaps in vane even BY that OF her
wonderful mines OF the precious metals Even the ln
licatons of The quantities OF petroleum. on the sur
face have regarded BY the owners o the estates
- detTimeBt 70 their property, inasmuch as they
saused loss Of their 1--we stock ia which the vano OF
fAer ranches chiefly consisted by the animals beoon
drowned In the 81 eat pools OF petroleum. These e1u
atons have the effect render barren tracts OF land
Of mile square, more or less, ID the Di0st OF ME
agricultural district
purposes made ABOUT two years since by Mr.. Gil
BERT who understanding its nature, and finding It IN
abundance issuing from many springs upon the prop.
sry, put up for himself refinery upon small scale.
He drew he crude oil chiefly from Of the great
wells from which he obtained four hundred barrels
without apparently diminishing the supply In the
sommer Of 1864 Professor SlimaD examined this local
~ aud in letter dated at Buenavenatnra Santa Bar
ssra County. July 2. 1894 he writes
The property covers all area OF Is, 900 eighteen
Shousand In one body, on whctre al present at
beast twenty natnI al oil we some OF them OF tie g
est sire. The oil is struggling 70 the surface at every
available point and IL running away down the rivers
for miles and miles. Artesian wells viii be fulfill along
double line Of thi teen miles say for at least twenty
I've miles in linear extent The raoeh is al Old Spanish
Srsnt Of four leagues Of land lately confirmed md OF
perfect title IL has said about 900 in Il
ef the finest land, watered by four rver and measuI
ing IN right Line IN all nearly thirteen ,9iles AS
ranch is splendid estate bat its value is its almost
fabulous wealth IN the best OF OIL
THE report Of Professor Siliman fully confirms hi.
drst Impressions and presents more complete details Ol
the wonderful resources Of tits property According
70 his advice and that of other Competent Judges IN
California, arrangements made 10 purchase tho
estate by parties in New York in October 1854. But
before efecng this. deemed eIpedent to obtain
from Professor Sillinan decided statement that the
oil In his opinion, fully equal 10 Of Oil Greek
Penn and from able counsel IN San Francisco pro-
feosoDa opinion 10 the validity oi the title Instruc
tsns we're accordingly sent to close the pnrchsse pro
vided the oil was pronounced by Professor sIhman
sQSl the best Pennsy anis OIL and the title perfect
Professor SiIlman telegrsphed confirming his letter
sbsTe qued and the title being pronounced by counsel
nnSeubted the property was purchased, and Is now
vested In srustees-CharIe. H. Russell and Henry 81
Alexander. esqs, OF New-York, and will be conveyed
BY them TO corporation 10 be formed
This property Is owned by number Of tie most
respectable merchants and capitalists in New. York
such Ga Messra JSo i. WILLIAMS, CHARLES II. RUS
ssII, CLaPIIH 4 MELIEs, II. j. HYDE THEODORE
ROosEyRLr S. y. MORSE yR. STONE, Bliss FAY. and
SAMUEL COLGATE, of New.York and THOMAS A. ScoTI |
Of Philsde,p his.
JOIN f. WILLIAMS. ESQ. at the Metropolitan Bank. |
Of New.York. represents these gentlemen. and will
give further Information in regard to the subject