The sun. [volume] (New York [N.Y.]) 1833-1916, 1865-01-23
A Paying Investment.

The Petroleum ever Ia stii raging, and can hardly
e ,aid " have reached its culmIuAtiOu. The earned
dividends Of many Of the conpane. arc 20 enormous
aud regular that people do not hesitate To buy, both
COMPANY Tor insance wss selling lew vs sincr a,
- PER share to-day It II quoted at land a. rf9ta-
rols per day. While, however, Penny lvann IL rich
~ oil and tho lands bought At fabulous prices 40
yellinr sool diNdends the recent discover q y
troieim in California in larger Quantities than In any
Other part o the World II atI1iug the alto Htgl y
i,--ooing, shtewd capitalists. The reports ot Prof.
~tiimHu uron the outcrop Of oil that IL called the
Oh Ranch, at santa Barbara California. end the
other natural of this Of aud, Truly
three TO twcny mile from Tho coa.. an1 with era-
dual doscendnr grade N the ocean, IL lc'a-
ton very arcetshe, and relieves the company, which
immens" cost for importation. with the Ouia, Of
p1 so thG e collar. cen 6e .a'i IN, c
expenditure th,n necessary will he the ichtcsoee ~
yesses - triins are thCir eSrcnscs thn BE- ~ ,ccn
ssumWcd That o. oil can he shi0ncd from -9n'l lfF-
bars to New York and sold IN competition with Penn
JNihia oll ie.dins cool p.of to the 'mIrliy
ne demand, hoNcvor, for this article on the P~ihc
coast aud Australia will be- very large and v a. sorh
u IKE %, !4at can he produced for ne hl.t u6n,9s
been compelled 10 u-c " spafiu.s heleC1In on ac.
count u IT. h!rh pice will bow bring II in'o r'H1 81
use and tho demand ior n will increase 1t has done
on thu SIDE Of the globe.
liz e.tmatei that thc product NJ the oil REGIONS N
ID 80 t15 DHuUp This 70 ,ut has loen reached bfcr
four ont- NJ EXPLORING boring. ove-comiuc the tIN
cue' 1T transportation, aid the intsolucng t into
the uaIkCf ur %, various use- 60 which ~ De- u0T 1U-
rl.oi. Ni'h all thee advantage raipod California
upr steps IN M our rival; ana Ne IN everything else
IN hrh sho 10 iuftft.tet shs W l' fi~ oufHtr'U
W. rHuc the attention OF fe'drrt To- Ice edVer-
tsyurut Of the ts.iioTnia Petroleum Company in cur
lAst -suc and cadOreed IL n probably Tho ioH' opn--
ulliy FOR pWinv Investments eve Ofcrd ~ he
public IN This class Of securitic' We now toit'a ate
What 90 thc1 wIOte. 1hc gentlemen who have this
pforet, are men who never wOuli allow their nbuct
to be- connected with any company Which the Old
not believe 60 De- al that s REPRESENTED. I!uu he
evidence which We have, both uum Prof. sill man,
30 HE lsno.t and from j. Church, his BROTH t-iu
llF, Nlo has ius' returned from California havlu1
yisioi TIE property. and -ho hns hccn aged IN the
Petroleum trtar since its start, rI0uid not Be- sur-
priced % ,his uIopcl' In the course of few ythls
wns equal n value 10 the whole Oh CicrL laids noe
| yiD.dlng oil.
~ the majority Of the working cspnl has airc'dv
hcCa sutseIihCd uni the balance viii 90 -uon 'b en-
| tho CoWrqu~ have cH"necd Prof. James T. Hodge
and an BILE CORPS oi asHsfnn's, no start Ia the meat
stcr'.cr iog California. hey viii take with tarHI a.
the Hccr.'af, tool and uagunc!y, aai hope -OOu q
| shlp tAo ir oil iu large quautititf.
| John l.. Mlim- E-'I. PRECEDENT Of the Notr0Vol
tan Bank, .a the Treasurer lti.O.f te-trur to tun
t.u. Is' DO ~ once, - tho suhFCrr;on ii val
! ic closed iU few doys-fnfs q. ufri,'. Jun. lt't.