The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-08-14
NEW YcaK HERALD, MONDAY, AUGUST IL 1865.

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esnss in the shape Of petroleum is continually floating
and upon the tips Of the impending land slides giving
Iorm we nss nnes =. ~ atploPi'sso ~ NM
ZEE ~, ~. ~, i nn =. ....,.
u s%e, t liz sI1.n In ~ h p.ssv.os.'
WHAT WILL ss hxrs ap AND wao 1~s M ,,s:.
million anu : ns ~ ~ IN ~. . 10 az p LIE
season nnd r v;cU,tv Mssss Foster THOMSON 81
spring una wony ,.a.rs,h. ~ ~ ~, Ia ~,
new fosn hh ,ct nn R,., S;n. l for four
bought ,ne natnoone "a %osr paS o ou
Tract Company Of New YORK hold the Zee Of majority
OF TINS on G ,,h,e lands ~ Thy ola isnrnng
holding leases ana Va,ue us S .ne oia burning .sS
Spring Company, OF fnIiadeipna Ih.s company, Win
Inc Wr. S Souny ond s,and;p1 stone cnmnanv which
Hps ,e nu nrch nv the same uartes are verv
onsy ehgageu "a u1seops sar ~. P tha
IL Is asserted ina. .ney 1 NJ, ,oeh n,h ;iees,s
are owned 6y o or Zach VINO
are putting oo"n Oau M NJ . ruS wrsr Sovr
cor, from, RotSSone City SOUTH It is best TO 90 on
nons 'olI .S -, IA Irr;tad State. ,rnonor NTH
norseoaun ."',, condemned hranded on b;s' tore
she omhoI I Mama was nd;ossamer and trne heast
shouiuer ns hn ."r..a mo safely ali throngh ~"
ne ;naS and tnybnlent streams 10 be encount
PIoS ply .s . ,. ~ "
The first farm you strike after leaving Rathbone City 10
tnc 'onn , Oh " Saraionmcnt &c nrograssno
eUnS ph GOOD shows Of oil NJ HOLIDAY Of WASH
npeiy ~ ~. s .as, 20 fn,;sana owns one ~ a..
ingaoh Sisy solmeIy VI S To-, J"nS r ga M ee. u
weis WHICH nus osen sunA a'o'' WV "A' my
The point Of interest Is the upper end Of the
James Petty farm OF fifty acres, owned by the Dividend
Oil Company, Of New York. Ono well going down aud
work steadily progressing.
The farm what is called the Phillips and Hon.
chin farm of hundred acres The land lies mostly
along the river Is undeveoped except for farming pur
poses the soil being well adapted for agriculture well
being well situated for oil purposes It Is principally
owned by the Phillips Brothers. of Newcastle, Pa, who
have in all some three miles Of territory lying the
Little Kanawha, and short distance back
Lying back OF this is what is known as the Burner
farm or Badgey tract OF one hundred and forty-tve
acres, In the midst OF which the headwaters. they
may so be called of Burning Spring rum simpsons run,
Little Two run, and other small streams are Uncovered.
The tract is owned by Mr. Mcfarland OF Parkersburg,
who has amassed considerable fortune in oil land spec
uaOnS He Is one OF two or three brothers who operate
in land In different parts OF the country The indica-
tons on this property are more fatterng than at any
other have yet met outside Of Burning Spring. Oil
springs are to be found.
We next reach Buell. farm, OF two hundred and hfty
acres, where we ind the property OF MI Eastman OF
Manchester, New Hampshire, and Mr. }. g. Shaw, OF
Philadelphia with SIX wells ready to be put down. and
one just commenced in ravine at the mouth or MILL or
what is now called Douglas creek-named after parties
interested In New York. Mr. Varian, OF New York,
supernends the putting up OF the works. and expressed
much AT the condition IN which the oos ana
hor, as,.r.. rn, nv; fU or vn ono =, INV comn.nv