The Lancaster gazette. [volume] (Lancaster, Ohio) 1863-1886, 1870-01-06
From The Ohio State Journal, Jan, I.
Ohio Great Vein Mining Com
D0IIy. Hi ~


We have heretofore noticed the
fact that a joint stock company,
with the above title, has been or.
ganised for the purpose Of" mining
coal, iron ore and other minerals,
and the manufacture, transporta
tion and sale OF coko, pig. iron,
salt" &c, in the Sunday creek rc.
gIon of Perry county, with a CAPT
tai Of 81, 900, 700. Hd'hie| hHh s'ait'
The Company is now completely
organized. and canvassers are vig~
oropsly at work in va,ious parts OF
the State, as we'll as in lndianaand
other States raising stock. We
learn that between $500, 900 and
100000 Of tho stock has already
been subscribcd.' 6' ms aa'
Some of tho first capitalists and
business mon in tho State are in.
tcrcsted In this Company. Hon.
p. B. Ewing, Of Lancaster, Is Pres.
ident, and is now actively engaged
in putting the enterprise on q per.
manent footing.rodl peoe" Iiad0ai
Tho Company owns 5000 acres Of
mineral lands on Sunday creek, in
Perry county, in tho very heart Of
the richest mineral region In Ohio;
and by many regarded as (all
things considerably the richest in
tho United States, not evon except
ing the gold regions. On tho lands
Of this company thoro arc no less
than eight coal veins, in tho az,
gregato making over 40 feet Of
coal. Four Of these veins arc above
the surface, ono IL feet thick, one
G feet, ono 4 fcot, and one "a feet
The presenco and thickness Of the
lower vcins have been ascortalned
by boring for oil.
In addition TO the coal, tho iron
deposits on Sunday Creek arc equa
to anything in Ohio, tho aggregat,
thickness Of the iron formation bo.
ing from l6 10 20 feet. Sunday
creek Is alsoi In the very center ol
the salt basin, and salt can be man
uiactured there as chcaply us any
whore In tho Union.
ThO Gompaay's lands have at
uhbuokon front OF six miles on The
surveyed line Of tho Atlantic 4
Lako Eric Railroad, (from Pome'
roy to Tolodo) which will afford
extraordinary facilitics for ship
ping adl + 9H 30 $50 q" p
Stock is being sold on these
lands on the basiA Of 500 per acre
aud some Of tho best mining mer
in the Union declaro that wher
fully developed $1,000 per aero viii
bo q low price. lhrpp ao1e 90 79q
THE ptospeots Of thu Immediate
construction Of The Atlantic anc
Lake Erie Railroad arc said to bt
very flA,tering. Over 50, 600, ,00t
oftho capital stock has been sub
sctIbod and tho subscriptions are
daily augmenting. Hon. y. b
Gregory, who has Just completed
the preliminary surveys, says thai
IL will DO one otlho most ch6aply
constructed roada In tho StIte. y
We must saythat this road, or O
branch OF IL ought 10 have passed
through Columbus; and ourread,
crs will bear De witness that II Il
no iault OF oars that such Is not The
fact. Perhaps wo may yOt secure
it. 1aW oji n MlattS 4hV Hra
This companies mines, tuia Ian
caster, arc only So mileS eirom Co
lnmbus---iully as near as the Hook
ing mines, aud We trust that when
opened, the effect will bo 10 give
Us q supply Of cheap fuol of q su,
! perior qualityd9The Sunday Crcel,
coal 10, if possible, superior TO thu,
otthe Straitsvillelmines. 4 IL work.
iron or steel equal to the beat o
charcoal; and masters say tha
ithas no superior for smelling iroi
ores. lg1p gifgf IpYFal q i0 osa
In visw Of thep fne. that coal 4
1 r 4