The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1867-04-26
OF AND MINING CO


FFso1s ioosffties seversi Ysrr rssnarzssie 81
springs hass tesa diseseersay = 9lls 80 80
Hdiaed petroleum, are e frsquezt oe-sIzszzes
shale, also aid much ef the na1estons VII ssl.e1
rated With eli, md when pissed Is tte So lza.se
and brtE 5 &c The osss cannet cdsis iEs15Et Ezs+
indications most relied upon b eli ne1 81 ts1iss
5vanls, west virginia and kentuo<f1 ele tonne
/ sbunaa1se, while val0aeis deposits 81 s4ca. cct5t
lead, clay etc, arc known 70 exist The teEEtosy
spseiai correspondents Of the Rttsbusg Oh
eass, writing for that Journal recently, iron 1ef'-
messed, SAYS #a.sesE-e -
Se0square miles. aud the following countes e pars
] Of counties: Robertson, Montgomery, Dicksoas
IalcInan, LEWIS, 4-7Ssssnee, vM1,syns sss ss
| rem, Ceffee, Franklin, Perry, HumphTies stewsrts
/ Macon sonsiderable portions Of Jackson. Csanon1
linsoln, Giles, HARM Nilliemsons eheatnar,s
I Sumner; and small portions Of Smith, Van Buren,
/ Grandy, MauTy and DavIdson. f
THE Indications Of oil in this division arc very
much superior 20 those in any other portion Of tbs
State. IN OveTton and other counties dioininR ths
BuTkesville region, IN Kentucky considerable
number Of paying wells already IN operatioa.-
Ia Lincoln, Giles, LGNrenee, Lewis, Hickman. etc.
there has been acknowledgement yeti but parties Who
have visited the derent sections Of the State o.
opinion that these c0snties unsurpassed IN thsf
richness oil territory. The limestone Is often 50
impregnated with oil tllat piece Just broken Of
win burn brightly, and the sEaie has the odor Of
petroleum and viii ignite like coal The sandstone
Is also often found eOmpletely ssturated with OIL
In addition to these indications, oil spffnrs EaF
springs gas springs Sulphur spSsSs. etc., etc., are
Of frequent occurrence "a seversI piSees the Oil
was gathered in such Quantities twenty o. thirty
years ago as to be PIT up in bottles and sold. Tar
springs, although not as numerous as oil springs,
are nevertheless occasionally found, there hoing
several very remarkable ones both in Tennessee and
Alabama. The explosions Of petrolsaTn gas in sew
eral counties IN Tennessee have frequently been so
powerful as to throw large rocks from their posi-
tons and seriously alarm the people living in the
vicinity. Sulphur springs are found everywhere
around the slopes and in the valleys. As all the
oil yet obtained in Kentucky and Tennessee has
had a strong sulphur smell, these springs are con-
sdered among the best of al the indications Of OIL
Salt springs are very numerous also, and in several
localities very considerable deposits Of asphaltnm,
or sOlidifed petroleum, have been discovered.
Upon all the creeks that how into the Tennessee
river, from Chattanooga TO Fort Henry these indi-
cations exist in greater or less degree. Upon Ek
and Duck rivers, and their tributaries particularly,
they are unexeelled. Of rivers flowing intO, the
Cumberland. 0beys, Caney Fork and HRTpeth have
all very encouraging Indications"
Of North Alabama the same correspondent writes
-rssThe geological formation Of North Alabuma va
RIGS in essential particulars from that Of Middle
Tennessee. Upon all the creeks that flow into the
Tennessee, On either SIDE from where it enters the
State in jackson county, to where it passes OUT ia
Lauderdale, the sandstone limestone and shale are
stone the beds Of the streams, at times Of low
toE in summer, can be found completely saturated
I with oil for distance Of several rods. The lime
STOKE, aiso is considerably impFegHated with Il,
while much of the shale IS the equal Of the best
camel coal In Us oil producing properties. Some Of
the most remarkable beds of the latter be found
in the country, upon several Of the creeks emp
tying into the Tennessee river. -
g Mineral springs are abundant In North Alsbame.
Several very fine oil springs have been discovered,
and upon lge number Of streams OIL has boen
found floating on the surface of the water. Upon
one OF the tributaries Of Flint river in Madison
county 1t formerly gathered ia considerable
quantities. and in digging nillrace several years
ago, the wOrkmen used 20 Gil their boots with the
S oil which exuded from the rocks. The company
has lease Of this land Tar springs, also, are
these Is on Capp'seTeeka hich fOws intothe Eushy
t Fork Of sipsey, IN Lawrence county. The w=tsr
OF Ditunen1 gathers on the surface,
! VERY large d Posts Of asphaltum have In seine
instances been found One Is situated on the toPof
hill three hundred feet highs IN Lawrence countV.
Before the works had been erected for its dis
tllation and large amount Of oil shipped 70 New
York. Gas springs are quite frequently sesn, and
sglPhursprngs are as numerous as they are in Mid
die Tennessee. l..tE ~
.sThe prospect for oil IN North. Alabama, how
does not rest upon surface Indications nsrsly.
In 1888, pGTty Of workmen sinking an sEtesisn
well upon one of the tributaries of The Tonbigbse
River, struck oil at depth Of little six hun
dred feet, which flowed upwards Of seven weeks,
covering the surface Of tho river for dstance o
more than fifty miles. II has often been the case,
too, in sinking ordinary wells, that oil haseome In
to them in such quantity 70 render the waferHn-
Of for use. An instance Of this kind occurred on
the banks of the Muscle Shoals several years SINCE
Upon ShOal, Cowpens, Blue " ater, Sugar, Blur
and Second Creeks, in Lauderdsis county, Spring
in Franklin, Town and Big Nance in LawFencs.
Flint and COtaco in Morgan, Limestone and Tyrone
in Limestone, and Flint, Hurricane, etc. ia Msdi-
son. the indications Of oil not exceeded those
/
States Of Kentucky, Tennessee or Alabama. Ter
ritoTy having equally good indications can dou5t-
less be found elsewhere in the latter State but its
distance from transport alton must for the present,
considerably lessen its value"
There is scarcely locality above mentioned ia
which the Company not the first, OF among the
first, to lease oil lands and i has therefore, pToba
bly, larger amount Of we'll selected territory than
any Company in the country.
Prof. saRord's Geological Survey.
A geological survey of these lands has lust been
/ r1nd ia hv Il Late Efnfo -
Tennessee, who spent two months in their ozami-
nation. His report, which, together with esSs-
completed and published for the information oil
stockhoders and others interested states that It's
geological formation Is the same a. that Of Penn
sylvania, Kentucky and OveTtob county and thai
there can be doubt whatever Of the existence cf
petroleum throughout the entire region Of country
where Il Is located. Aside from Prof Stafford high
reputation geologist, the fact that his views
with regard to the geology Of this section, have
been adopted By an tie most eminent meEabsrs OF
his profession in the country who have visited It,
entities hisrePort TO the very highest considera-
ton.
Working Capital, Etc.
The Board Of Directors have placed 5000 shares
Of the stock in the market, to 30 sold At so % per
SHARE to Taise working capital and in Gaze sab
seTiptions in any county are sufficient 70 pay for
putting down one more wells, the amount 50 sub
scribed viii be expended 10 that county. II this
way particular localities viii have al the benefit Of
the development sud of the expenditure Of shs
Directors believe, Rhieh the nhabitsnss 81 svsTS
county where the Company have lands who de-
sire to know shesT value for mining puFposen
should bs sure 70 avail themselves 81.
The Company already have four oil boring ma
chimes in Tennessee, and one in Alabama, FsSdy 70
commence operations, and hope 70 have ct least ys
wells going down in very short time. ThsiF tar
sOry also Is 80 great and varied IL extent IS 70 Sc
cure for them not only the benedt 81 their own A.
velopmcnt but Of that Of the numerous other corn
panies whose lands situated il the vicinity a.
their own. Of these, quite large number ars put
ting down wells In the immediate vicinity OF teras
Of the Company, and If successful this fact ssrss
| viii doubtless make lis stock worth nesTer ~
thaa its presens subscriptions prizes. suTsrsntso
dents for the vaEoHs proected weits have also been
engaged who have had several years practical ex-
Perienee il tho oil regions Of Pennsylvsliia sod
West Virginia.
Transportation, Etcs
The lands Of the Company. ezesuti in rsss ss...