The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-07-07
TEN THoUsAND SHARKS
Reserved for Beneat Of the Company.

The land purchas ed by the Vance Stewart RoOk on
Company contains one huncred and thirty in
the very core OF the oil region one thousand three hun
dred snd feet the Allegheny river, in Cranberry
township, extending c3nsidelAbe distance II "a both
Buren, Run cohpie OF miles below Franklin, VenangO
county Pennsyyaiis. TIE Allegheny RIVER Territory s
ent quail OIL the numerous wells losderlngils banks
producing OF with yen st greater regularity Than the
Ii is believed TIC ow OF OIL below the borough ofFraak-
lin. on the Allegheny river will prObebly become
exhausted the sterilization, volosnlo disrp-
ton OF rock dips In enthusiastically direction; oJnse-
qutnty beds oil wOull b. at the
UpI end say Of Oh Greek and wells would require be
boicd deeper In proportion lower do the river where,
however there would necessarily be the most permanent
and much greater supply and superincumoent body or
sl q on II Is certain tha scores Of wes on the river,
~ the immeoae Nlcinly OF nus land have c1nunuvd pro
ducirg during the pust three or iour years an unwavernS
gauco at the map viii demonstrate the fact that the
Lower Two Nile Ru1 aud Oh Creek are the same
~ HdtoT ois ideHicai same gIgc betW cen the rage
of hills from each other atolt three miles in
trAOIdnaIy,it II by b. ring wells this sufficient
depth Of perhaps e-ht hundred and hity feet that the
COnIanyS wells may soon a, al those Of Oh Greek
their uppr, OF hunduas Of barrels OF oil daily, and
enormous pTod's wgud thus be the fortunate result to
the shurth holders OF this company.
On This particular tract Of land there has been lot
ofpood Oh although depth bore Is consde ed quite
insufficient insure large flo" Ftv per oeut. Of tho
OIL at The wei mouth ."s resety as ROYALTY To ts
former e. Of the lard aud will AZ once inurv 70 tho
benefit q the DomPhny Ihtrc arr al.o Two other wells
dca ng 's rate shON OF OIL barrel Jay can peauTay
OF lleu ana uOunt 70 exist that
ihel viii both prove highly atiug wells when
a reasonable depth. Another well Is half boled and
promises a satisfactory N.vld
Samples OtO procured from these wells can be
the once Of the Company, Nc. 2l5 WALNu { street
Tie OF this uIhe OIL land, comp rising one hun
dred and tb acres, including he royalty nf hfty
per cent Of oil the eaeJ ", H. pHiHpiHJ and The
tnthe right Of ~ three wells partially developed, Is
purchased by the COmpau, direct from the owner. the
moderate p &c O Sl3i $50, wh Grst NH In 1ne order
a snug house, also palchts OF tmOer,
The .ae Of stock pay cash Tor tho land In fun and
leave he sum Of ss,ijD cash working caput hand
with wLh 10 complete the thee Old wells aud also "a
bore two new wells, with i've steam engines, &c.
to be iD running order within few month; arrAny
mentb VIII be made t0 accomplish th objects without
delay. No subscriptions will be accepted for less than
tfl shares.
The vast fortunes rcaped by Rock OIL Companies estlb
lshed here ana elsewhere notorious The on rade
yer In Its infancy ana the demand constantly ing
Its price Is now S2 per barrel the wells mouth oxou
siYU Of the cask
Large wells VIII doubtless be struck at the depth Of $50
feet to reach the thrd Sand Rock Wells have
been bored heretofore the depth only Of about 500
In this vicinity. Il proposed TO bore twenty wells
this property during the present year There s O
one hundred wells. perfect title, clear OF all incum
bTancss, IL confidently assured 10 the Company.