The New York Herald Newspaper, July 30, 1865, Page 2

" 2 FINANCIAL AND COMMERCIAL, pace seh avuapay, July 29—6 P. M. ‘The stock market was less buoyant on the street this ng’s Exchange, and at tho tirst morning than at last board it was rather b the second board yesterday, Ohio and Mississippi certill- Reading was 3 lower, Cleveland aad Pitts- burg 34, Fort Wayne ts sigan Southern, North- western and Rock Island were unchanged, Government securities were firm, Coupon five-twenties advanced 1. fixes of 1881 were without variation, One year certil- cates of the new issue sold at 9744. At the open board, at one o'clock, the market was ly, with a slightly downward tendency. New York Coniral sold on the call at 9434, Erie 9474, Hudson River 1114, Reading 106, Michigan Southern 667, Cleveland aud Pittsburg 7134, Rock Island 10814, Fort Wayne 9734, Northwestern 27, Prarie du Chien 373g, Ohio and Mais- sissippt certificates 2524, Cumberland 4134, Aftorwards, on the street, there was some demand for Erie cash stock, and the difference between the cash and regular rite was 34 per cent, The market, at the same time, was @ fraction lower, and rather drooping. Erie was the most active stock, and yielded less than the rest. The broker representing the speculative director of tho road is reported to have culled in thirty-flve thousand shares for to-day, and the response is supposed to have been more active than he anticipated, The unscrupulous manner in which this stock is being played with on the Stock Exchange is a disgrace to American railway man- nent and an outrage upon all the permanent holders 0: the stock, and before three years elapse such trickery as is now practised in its manipulation will be as impos- sible as it is dishonest, for the reason that investors will protect their own interests. The stock has flactuated from 77}; to 99 during the present month, and since the bovinning of 1862 it has varied from 81%; to 126g. The highest and lowest quotations for the threo years pre- vious to the present were:— cates 34. 1962. 1863, 1864, Hichest. 5 122 12636 Lowest. BL) 68 82 The extreme quotations since the beginning of the Brie was 1'{ bigher than at | ings, $317,626, Balance of income of last year, $127,052. Deducting dividends and United “tales | tax (here remained as income May 31, 1865, $124,950. ‘The indebiedness of the company May 31 was $1,005,823. ‘The increase over last year’s indebtedness was caused | mosily by purchase of land for change of lo ation and | enlargement of freivht and passenger accommodations in | Boston. The following named gentlemen were clected directors for the ensuing year:—Alexander Holmes, of Kingston; Franeis B. Hayes, Boston; George A. Kettell, Charlestown; Uriel Crocker, Boston; Benjamin Finoh, Newport; Minot Tirrell, Weymouth; Oliver Aines, Easton, k Exchange. inges D x, July 29—10:30 A, M. | $5000 US 6's,'07... 117 600 sha Erie RR, 50000 W 5 6's, '81,cou 2 do. 10000 U § 6 8,5-20 cou 25000 do...2d call 105% 25000 do.......+. 106 10000 US5's,10-40,reg 97) 10000 Tn, 73-10,secs 995 160000 Uv... +... 9944 6000 Uré's,ly cernt 97% 30000 do. - 91% 19000 North Car 6's... 76 5000 Missouri 6's... 713 65000 Ohio & Biss cor 25.4 20000 do......2-. 28 5000 Chi&NWsfb 97 10 shs Bank of Com, 105 200 Canton Company 39% 300 do 40° = 600 do, .. 2 26 Penn Coal Co,... 155 200 MichS&NIndRB 67 60 Del & Hud(anal.. 134% 1600 do. ~ 66% 100 AIL & THRR... 34 » 66 100 Cumb © 2 + 66: 100 42 - 66% 100 6636 200 do.. 1 41% do..2d Cull 6834 100 Mariposa Mg Co. 13 doe. .... 66% 200 do.. + 12) Clove & PittsRR 72 dc, bhO 71% . 11% io 11% 600 do .. 11% 100 Chicago &SNW RR 214 100 100Chic & NV +4 f 62, 200Cieve & Tol RR. 108 100 Chicago & RI RR 108% 200 do...2d call 1083¢ 50 Chie, Bur & Q RR 112 200 Pitts, FUWA&CLBR 9736 year were:— Highest, — Lowest, January. 30% 10% February 1% 70 Mare 1% 4g April 90 49% May. 81% 70% June: 19% 70% July = 99 1% The gold market opened at 145}4, and declined to 14454, under the sale of about eight hundred thousand dollars by the Sub-Treasury. Afterwards, the news by the City of New York of the advance in five- twenties to 72 a 724¢ in London on the 19th inst., further depressed the market, and it recoded to 14334 at haif-past three, and remained steady at 143% a 144 till the close of business, Cash gold has been abundant, and loans have been made flat,- The Treasury is selling its current receipts for customs duties, and although this adds to the load the bulls have to carry, it has no material effect upon the frice, andthe government will discover ultimately that selling gold for greenbacks is only a source of weakness to it, The highest and lowest prices of gold sinco the com- mencement of the year were: — Highest, oo 0s BAK + 218 ‘Tho steamer Hansa took out $3,000 in spccie to-day, and the City of Washington $70,000—making an export for the week of $180,715. The money market has been active at seven per cent, with no noteworthy transactions even on government se- curittes under that rate. The discount line has been firm at 73 a9 per cent for the best class of commercial paper, Foreign exchange has been dull but steady. Bankers continue to ask 109 for their billd at sixty days, but sales have been made on the street at 108% a %. It is esti mated on reliable authority that the outgoing steamers to-day tock two and half millions in flve-twenty bonds, and henco the limited demand for bankers’ bills. ‘Tho business at the Sub-Treasury to-day was as fol- lows:— Receipts for customs. Total receipts. Payments. The total imports at this port for tho weck ending July 28, and for the three preceding weeks, were:— Werk ending July 28, July 21. July14. — July 7. Dry goods...$1,320,102 3,360,859 1,240,829 1,298,343 Ben'l mad: 947,227 2,539,604 2,446, 349 Total.......$4,267,320 6,200,463 8,687,174 2,764,702 ‘The shipments of flour and grain from Chicago froin Fan, 1 to July 22 wore:— 1862, 1963. 1964, 1865. Flour, bbis.. 763,870 687, 403,905 Wheat, bush. 6,557,975 6,296,356 2,058,274 Corn 12,698,130 5,216 6,501,060 1,198) 691 S67 6,247,210 Ry! 446,997 7 of Barley 144,614 The Chicago Republican of Wednesday remarks:— The excitement which has prevailed in the produce markets during the past few days has caused a gradual increase ju the demand for money, and both yesterday and to-day the leading discount houses have dono a large business. For legitimate business purpotes the market is well supplied—in fact, casy—and call luans are nego- tiated in some instances at eight percent. The current rato of interest, however, is wen per cent, Where the bankers are making advances to speculators \ ide mar- gins are required, There is no alteration to nole in ex- change rates, and the market is steady, with # moderate demand. ‘The Boston Taveller of Friday observes:—~ Tho monoy market is quite easy for loans on eall, but rather hardor on time, beyond a few days. Although the taking of tho seven'thirty Joan has not produced any stringonoy, yet the fear is eutertained that as a good deal more money is waned by tho Trasury Department there may possibly, before long, be an incroased demand, which will advance the rai interest, For this reason the banks and capitalists prefer to keep their loose funds within control, 80 as to be able to take @ proper advan- tage of any change that may Tho ruling rate for the best cdiluteral loaus, on demand, is still #lx per cent at tho banks and with capitalise. Prime endorsed not-s are being sold in the sirect at from seven to nine per cent, with moderate transactions, In ttocks there is but Iittle animation either for investment or for spoculative account. Tho Chicago Tribune of Me 27th inst, thus refers to the crops :— It in not to be congealed that much anxiety {2 felt with regard to the fate of tho crops on account of the reeent heavy rains; but thus far the accpunts are more favora- ble than could have been expected. The unfavorable woather to-day rendored the produce market acti ant. Flour advanced 0. per barre Wheat was excited, and prices advanced 6c. on spring and 10¢. on winter grades. Corn was firin and active. Gate ruled steady. Kye was firm. Barley advanced wines advanced lc. per gallop, Pro dull and nominal. The money marktt to-day was unusually brisk and close, Owing to the eager degnand for grain, particularly. whoat, the inquiry for currency was particulacly active, Ho banks in fumerous insiauces had to reyect good on account of the supply running short. This was 80 mee to owe oF two banks in ee coniy pert of the that gur way telegraphed fur to New York. The rab TY alccou, owevbr, remains un- hanged at 10 per cout per annum at the banks, and 1 @ 1 per cont per month on the street. Rastern exchange Is weak ani dull at 3g a 1-30 dis. count buying, and par to 1-10 premiuin selling. Tho market has at present a dow@ward tendency on account of the scarcity of currency. The work on the east end of the Hoosick tuniel is Progressing at the rate of sixteon feet per day. This on- terprise, which was commenced avout fifteen years ago, ia likely to be accomtplished, if the Massachusetts Logis» lature will continu itstid to the andertaking. ‘The Lawrence Railroad and Transportation Company of Pennsylvania aud Ohio have been consolidated. Their road is to extend from Newcastle to Youngstown, open- ing @ through route from Youngstown to Pittsburg. Tho Baltimore and Ohio Railroad Company, which ob- tained a charter for a rood from Washington city to the Point of Rocks, has a competent force of engineers at work in making the actual survey for the road, # pre Wminary survey having been made some time sinee; afd it is probable before the season cloves tho road will be well under way. The rope Will be from Point of Rocks passing between Sugar Loaf Movatain and the Potomac, thenog south of the base of Pars Ridgo ta point east of Rockville and down the valley of the Sligo to the Distrivt of Columbia tine. The instrance companies of Wieconsin, ond ail ineur. Anco companies doing business in that State have, iy ge cordance with a law passed at ihe last session of tho Logislature, deposited with the treasurer an aggregate of | £271,000 in Wisconsin State bonds to sooure their cus tomers against loss by failure. ‘Tho annual meeting of the Old Colony and Newport, Saliway Company was held onthe 27th inst. The report of the @irectors showed that the receipts of the company for transportation for passengers wore $693,188; for transportation of merchandise. mailwand rent, $368,332— | Ril, Pil dble DO Curiae STHnsvd Nob earn, | the Court THE BRITISH PROVINCES. What Canada Achieved by the Mission to England. [From the Montreal Herald, July 26.) Agentleman who is not a politician, but interested in the prosperity of the country, and an adept in figures, has taken the trouble to prepare @ statistical memoran- dum of the pecuniary result of the mission of our minis- ters to England. Some of the figures are, of course, esti- mates, and admit of a wide margin of error on one side or the other. Others can be ascertained with reasonablo correctness, Of the latter class are the three first items in his statement. The cost of fortifications is, we sup- s¢, almost wholly conjectural; but when at is remem- ered that, if the thing isdoue atall, it must bea kind of omnibus bill, so as to give every village a slice m the outlay, and go, moreover, a8 Mr. Galt said last session, as to afford protection to every inhabitant of the pro- vince, it will be seen at onco that there is roota for a good deal of argument in favor of the most largely ex- tended conception of the cost. Our friend has not set down tho Eastern township nor the Beaubarnols frontier among the places which will require fortilications; but ft is plain that, if anything is to be done in that way, or if anything effec- tual can be done, it will be impossible to leave the valu- able country from the right bank of the St, Lawrence to the province lines exposed to the enemy's altack, especially as that territory contains all our railway com: munications with the East, and with the proposed inter- colonial railway, which will be useless uniess it be kept in communication with the lines on the left bank west- ward of this city, Without, therefore, in any way vouch- ing for the estimate on this head, we fancy that we shall not be wrong if we conceive of the sum required as being indefinitely great, or, as the Yankees say, “any amount.” At any rate, below are the ideas of an in- tolligent man as to the cost of carrying out the “ results” of the mission, including the enlargement of the canals, which is not put down in the bond, but which is required as one of the conditions of success to the reciprocity negotiation to which the British government is pledged :— Weare pledged to expend aanually towards maintaining the volunteer force, $1,000,000, equal, ut five per cent, toa Capltal Of. .....sceceeeeeseees “ We are to procure a confederation of the British North American provinces, and to pay our proportion of the expenses of the general government, which will not be less than $1,000,000 annually, equal to a $20,000,000 capital of .. . +. 20,000,000 Third—We are to build the Intercolonial Railway and equip it; this wilt cost us at least........60 m 3 10,000,000 Fourth—We are expend in fortifications any requisite amount; this may be put down at least, for Montreal, the rivers Richelieu and Ottown, at. 20,000,000 To this may be ad in Canada West, say for Sarnia, Windsor, Mouth of Welland, Niagara Falls, Que:ns- ton, Niagara river, Niagara, Port Daihou- sie, Hamilton, London, Goderich, Colling- wood, Toronto, Kingston, Brockville, Pres- cott, Ottowa, &c., &c., another........... 20,000,000 Total for non-productive works. Fifth—To onlarze our canals. ... Which will be productive, and should in case be done. Total . At five tncreased annually by $5,260,000, $90,009,000 15,000,000 $105,000,000 expenditure Caxaman rs.—The wheat harvest has commenced in Canada West, and the crop is generally very fine. Only a few sections have been injured by the ty. In Lower Canada there has been a xreat deal of rain, with an pee Jow temperature for a month past, which will make the crops late. The New York Hernid, {From the Panama Review, July 16.) ‘We had the pleasure of reading # full file of the daily Hera, brought by the Ocean Queen, up to the dates ed previously by the Costa Rica. A more complete pendivm of the news from all of the States comprising Union could not be gathered if one would take the trouble to read every paper issued in the United States. The Henan has its correspondent in every State, sides foreign correspondents in most all parts of the ized worid; and, although the news ia nighly important and interesting. ihe reader gcts tired in one reading, be- fore he has gleaned one-tenth of the news embodied in this able sheet. We doubt if there is news- paper in the world so well flied with interesting matter from all rts of the civilized world, as the HsnaLp; and, no question about it, Beanett knows Low to conduct a paper, and fully deserves the liberal eupport which is now enriching him. Two or three HuxaLva, anda of sharp scissors, would enable ua to furaish our readers with a good, readable paper, had we not a local item to report, The Heraty issues something over 160,000 daily, and run tho'r editions off on five ten- cylinder Hoe presses, capable of working 80,000 copies ver hour. They take their impressions from stereotype farma, which are moulded from the typo set up in pages—the type the printers having set in the night and day not being touched with ink; but returned to the eomposition room as soon as the moulders are done with them. This accounts for the clean appearance of this paper of late, its make-up and typographical Anyensaneape very handsome, A paper in the hands of so mahy able writers must wield an immense influence. As the world progresses in the arts, sciences and mechanism,the preas, the great lever of socioty, is generaily in the lead with its improve- ments. “Could old honest Ben Franklin “rovisit the glimpses of the moon,” and for a while behold the improvements of the trade at which he Inbored, and soo the “lightuing presses” in motion, what would he vay? But, like all others before dim, and thoee to follow, he's one to that “nndiscovered ntry from whose bourn travelior returns."’ “That ieta him out,” Marr! oO surreme coupe CTAMpens. Before Judge Barnard. Ieiy 28,—Egbert Van Santon vs. Eliza Van Santon.— This was an action for divorce, on the ground of adultery. The plaintif, who goes by the name of Yan Santon, acquainted with the de- fondant ‘About a year ago, and after a brief court- ship made Ler & baroness. The nuptials created no little excitement in certain ciacles, and some of the newspa- pers were Glled with accounts of the ceremony. The bride aud trilegroom lived in grand style for a while, and might be seea any afternoon on horseback in the Park, whera the Baron wenally sported a milk white charger, which attracted unusual attention, and rendered the equesirians very conspicuous ever; where they went. The couple lived very happily togetier for about six months, when a circametance o- curred which served to arouse the joalousy of the Baron, apd rendered his life miserable. Upon investigating tho ct, he became convineed of his lady's iofiddity, a sult for divorce, The case was referred, and to-day n report was rendered by the referee recommending that a decree of divoreo be granted, The report was confirmed and the decroo granted. The Baron will probably profit by this lesson not to marry in haste again. He should be more careful in the selection of a wife, and inquire into her antece. dents a little before committing imecelf to the uncertain depths of matrimony, Interesting Wabeas Corpas Case. COURT OF COMMON PLEAS, Before Judge Cardozo, Iery 26.—In re. John Cummingt,—The Court in this case directed a writ of habens corpus to be issued to the Superintendent of the Juvenile Asyium requiring him to protuts ihe Body éf John Cummings, a child about eight years old, The Superintendent evaded the order, when od an order requiring the official to show cause why he should not be panished for contempt. This morning, however, the Superintendent appeared in court with the child, which was declared a satisfactory excuse for bia negligence, and the matier was dropped. The child about which there was so much dispute is a Roman Catholic, It appears, and his relatives, fearing that he Might be made a convert to the Protestant faith if he re. Maived ta the asylum, took thie course to remedy the } |THE NEW OIL REGIME. “TMI NEW Ol BORADO. PITHOLE CREEK AND IT$ WONDERS. ASTONISHING OWL DEVELOPMENTS, SUBTERRANEAN REVOLUTION. New Sensation in the His- . tory of Oildom. A BIG TOWN BUILT IN FORTY DAYS. GPHCULATION ABLAZE. SUDDEN FORTUNES MADE, Ten Millions of Dollars Alreaay Invested. Visit of Governor Fenton, of Iwew York, to Pithole. ‘ PITHOLE — PITHOLE — PITHOLE, &., &., &e, Oar Pithole City Correspondence. Pirgous Crry, Venango County, Pa., July 16, 1865. PLUMER. at nine A. M, yesterday we started in our buckboard from Blood farm for the new Oil Dorado, the present great Petroleum Mecca—Pithole City, on Pithole creck, Venango ¢ounty, Pa, We were supplied with provisions in the shape of sardinos, ‘‘VII—Amos—1—1865,” and a good supply of sandwiches. At ton we reached Plumer, three miles distant, over a mountainous, but not a very bad road—for this country, On the way we encountered Pedestrians in equads of five, ten and twenty, at in- tervals, and quite a number of horsemon. The foot pas- sengers had, some their coats on their arma, some valises in their hands, and como with packs slung to their backs. At the moment of our arrival a party on horseback came in—one horse with ite head shockingly and the Homestead well twenty-two feet on the other scraped, -so that you could earooly toll the | lators.and mechanice Alt busier (te oy ing tho backs Side, als avo Jeune at carb, bonny of $1,000 10 4 | er acre and royalty of one. e oll, color of the hair. The animal had stumbled in boast fe erie shear pushed within the oily ‘Now Puilding ‘on this property and nearly completed— going down a steep declivity at a rapid pace and thrown its driver clean twenty fect over its head. There was some sympathy for the horse. ‘Oh,’ said the owner, “she’s used to it.” The man was unhurt. He was used to it. On the thousand barrel strike of the United States well there was a grand race for the tele- graph office in Plumer—some on foot across lots, others on horseback over roads upon which thers was but one muddy place—that was all the way. Benson had Just oponed the United States telegraph office in Plumer, and was a witness to the race, the most striking point of which was the leading horse slipping in a deep, soggy spot, within a few rods of the telegrayhh office, causing the rider to throw » complete summereault in the mi o offico will also be establishod in this house. Tuts bal bs ebéclctng hip valbests $6" he fart nse wodaa'| MOR MRL As abise tad Coreh tiscun whict @earedthe 1 The Pennsylvania Tubing and Transportation Company to flounder and sped the remainder of the distance to | ings of the interior of ereation kee on. There is ines fa and achoah Tieiaite onthe Alleghany river the office, where he had the good luck to get the first | Sum of “no smoking OF Ate tea te almeephere | forconseying oll. This will lessen the cost of delivery, chance to operate on the Eastern markets, and to make | being go impregnated with gas that u ‘person would ag | 82d consequently euhance the price of alt in this tocallty a handsome pile. m think of porn pongo ingntr rae pry guocesuful operation on the Ist. of September This lo- Plumer is a central point between Oil City and Pithote, | Betz. Oye of tho wes hes, once ee oo areting of | cally Ig also to De one of the ternal of the doable Shaffer or Titusville and Pithole (unless you prefer going | atank. But no fo has beon done by fire weal pi a act dee pes vas le » by the way off Pleaswfitville, which 1 said to bo a good | a8 yot to this remarkable locallty. PormateMAt FARL-HESYEMANGR ROUER, To. route), Tarr Farm and Pithole, and Rouseville and Pit- A rsuing our way w \o Greek we reac! 1c ole ila Hates he feral" esi Wt ad de "ale ay Pipe tconrrenres ines ota, pr stra rt Hote, beer xuown a4 te Howat sail propery. More since the Fourth of July last, been immense—as many | will show the depths bored by different wells on this tor. | Dusiness ts thriving. henater Of vil Beane plait aga thousand horsemen passing and repassing within twenty-four hours. I inquired if this large amount of travel was not of benefit to the place. “Just as you see,” remarked one, We saw through a piece of glavs darkened by tansy that the unplastered barroom was filled with imbibers, who imbibed quickly and then eped on, leaving their stamps for rattlesnake. No oil has been struck in Plumer, although you see many derricks up; but the Humboldt refinery has been restarted by New York parties, and will give a little stir to the business of the place. In the words of a preju- diced Roureville man, ‘Plumer has gone under; but the refinery and the Pithole excitement may enable her to pick up alittle, There is guid to be no oil between Plumer and Derrick City, Smith's form, Cherry run. They have two kinds of pics at the Plumer stopping place where you dine. It was amusing to bear a young damsel ask a gentleman ‘What kind of pie be would Lave, custard or Pithole?”’ and then blush like a damask rose at her mistake, But it is no wonder such mistakes are made. Pithole isin everybody's mouth. In Titus- ville, it ig said, a short time ago a divine gave out hie text, “The seventh chapter of Pithole"—meaning Amos—“ tiret verse; ‘T bring thee drink.’ "* 4 CROSS ROAD TO PITHOLE. In buckboard again, for Pithole City direct. "All aboard for Pitholo,”’ chouted my gnide, “philosopher and friend.’ 1 had a letter of introduction to some gentle- Man—the agent of a petroleum company, I rathor think-— who was located somewhere near a spot I understood to be “Strother’s Mill; and the idea that my journey should be associated with the patronymic of my piquant brothor in romantic adventure—“Porte Crayon'’—over- came any inconvenience that might be ocensioned by get- ting out of the regular road to deliver the note, The name proved, unfortunately, to be-Prather. Directions were to proceed until we came to the croseroade, one of whueb led to’Pithole by one route and the other to Pit hole by another route. We found pitholes all the way. For a mile from Plumer the road was lined by teama, hauling immense machinery, & engines, boilers, fur- niture, provisions, and all the fixings necessary to start a now oil aettloment, We arrived ata point where there might have been at one time the junction of two roads; ft was now one common lake of mud. Oma little knoll wo ospied a tent ye and were sure we bad reached eae, ‘Bs saw tho nailed to a tree—“XX Albany Ale.” PRATHER’S MITA. ‘That road ta the best,"’ was the parting remark of the gentleman Who dispensed lemonade and eo forth ata dime a gloss at tho crossroads; “they both lead to Pit- hole.” As we proceeded, and found our vehicle hang- ing half the time at an angle of forty-seven and a half degrees over a precipice of mud, we concluded that if this road were the best what in tho namoof wonder could the worst be. The country through which we tmyollod wns well wooded, watered, mudded and rocked, until we suddenly came upon anew wooden structure in the midst of a Jungle, upon which was the sign ‘Hawley House.” This point was three miles from Plumer, on Pithole creck, at the mouth of Allendor run. This was the site of Prather's mill—but we didn’t see any mill, unless it was a cherry brandy mill in the Hawley House, We noticed several (twenty or thirty) going down, and one, sunk seven hundred and ten feet, just commenced pumping » litle ofl, with a good deal of water. The territory looked very favorable for oll, for it was very dis- mal, A thirty-horse engine wae on the ground, trendy to bo put up for @ saw mill. The forest trees were thick, and consisted of white and yellow pine, homiock, white and red oak, &c, ‘Anything else,” I inquired of an ofl prospector, ‘Yes, there is plenty of huckleberty, blackberry, thorn, crab-apple, rattlesnakes and ocensionally a copperhead.’ Mr. Snyder, the keeper of the Iawley House—from Hawley, Wayno county, New York—“of course you know where that is'— is @ mild-tempered gentieman, sells whiskey at fif- teen cents @ giage and penny pocket combs at ten conte apiece, Lasked him how he was making out. “Oh,” he replied, “doing very well—spending money.” Hore was the place whore I was to deliver my note of introduction. But the gentleman was not at home—or “may bo-he’s up at the log but,” but not having time to aparg, and Laying bovyne aiready preity wall acquainted NEW YOKK HERALD, SUNDAY, JULY 80, 1866., ‘ with Prather Mii and its civil inbabitants we conch to tramp along. a Tor. hugo rattlesnake. Of course he wassoon out of his mis- Any party intending to put down a well on Pithole’ losopher guide clyected, ‘He was even averse to my | Ying an engine fom Oil City to Pithole is one hundred taking the sarpint's fifteen rattles, as he abominated and att dollars ‘Talking of on; oes, F He from bills snakes in any shape, I was sorry about the rattles, Sees ee oe r. ames ©. Sars of ‘They would havo boon such a nice toy for the children of Many ladies on large, best ‘dally visit Pithole — some of my petroleum friends who have just been getting the wonderful well and. testing the #8 married. BARDONIO. ‘We now began to feel the guawings of hunger, and seeing a cleared space in a field off the road, we induced our still unwearied steed to carry us thither. Selecting a shady spot beneath the umbrageous foliage of a noble old oak, we spread a horse blanket and prepared for our ro- past, First came tho sandwiches that William of the Blood had so kindly prepared for us. Then the crullers— don’t spell it crawlers, for we sball have plenty of thom ated on a hill, at no very expense. Will have to look to her laurols when the virtues water » Horse thioves are plenty, in Pithole. Every night one or more horses are stolen. A vigtluncecommitiee Is talked of. There are soyeral ugly-looking soamps in town. Th incipal streets "of, Pitiole are named as fol- e ome! Mason, Prather, Brown, Holden, First, Second, Third, Fourth, J Holmden and First aro tho main thoroughfares, Dun- i Blood, sixty which the gentlo Josephine, algo of the can is the fashionable street or prom being had. provided; thet the buttered tb ult ‘and Boston | et t-te 9 otters Aity. a FART, Ae aoe ve apelk aie —. Pithole was thus named in consequence of an extraor- dines, oxo who think they speak contemptuous: of @ nan when they call bim @ “sardine,”’ commit e blun- dinary pit or cavern that exists about three miles from the city. In this pit ‘stones aro but they are der. hold it to be a high compliment to thus sobriquet thrown, article of food never appeased the tite of @ hun- is boli We Ue caverioua: gry travellor than those “tie anes in tle,” loved. ritadns GUIDE BI DOW HOLMDEN, My guide is a good Judge of ll territory, and oan tent | who may be eald ta bo at the head of the new petroloum where oil exists a8 Kapa A as i witch-hazeler oil- tom nig bake aanelon ye recap ne 8 smeller in the oleaginous regions. You may ii ine my-| She isa pi Ab eineetliger ong partons concern, then, when ¥ heard bim auddenly and Joyfully | seicoo) tax when thore 10-8 cothouse, She hus four sae te’ him and caled, “Whore?” | “Hore—in this car Eta iog, nog 0) ecinoee OC te am regret, Woe cree dine box.” 1 handed him half a lemon. Pat, Tho magacity of the horse is proverbial. Tho vicious idea of the sudden ennnee in their wo condition than so many young colts, There never having becna school house in their birth-place, and never having been absent therefrom, ( courec their times as docile as lambs—when hun; ould have made @ good picture when Pat poked his LaPeer tia pres slightly neglected, i he fortune of head between us a8 we were enjoying our luncheon, thi by h len-—for by such tl A tter known and looking into the face of Joems, my guide, aak as | than by her new one—may bo estimated at half a million. plainly aa if he spoke, “Ain't you going to give me Hates Proteamer Debora: te snatiane, “mcnding 6 tay some?” Jeems was too kind-hearted to say “neigh,” | jy ian pee ag hota that the neem coment and went into an adjoining field wher a man was mow. | no aid, «if the thing don’t dwindle out.” Of this there ing and asked bim if he would not let him have a little bay for his horse. The man replied that the by was not bis, “It ain't mine either,” blandly responded Jeems, “go that just makes it;”? and, helping himself to an arm- ful, Pat was soon munching his luncheon as_well as our- selves, Jecmsavers that the old adage ‘When wine is in wit is out,” is an error, for he was never so much at his wit's end as whon bis wino was out, That is the way some things are done in the oil regions. We enjoyed a hearty lunch, and were satisfied that a man could get a good lunch anywhere on Pithole if he carried it with him. To resume our journey. RCOKER’S FARM. By the route we came the first pointin the new Oil Dorado we struck was Rooker’s farm, opposite the Holm- den farm, on which the United States well is situated. Here we met a@ gentleimun (a telegraph manager) from Meadville, another (rom Bos.on (who said he was ‘look- ing around”’), stili another from Chicago, who was doin; the same, and yet another, who was ond of the lords ‘tho soi! just come inio a fortune of some two thousand dollars, who was peeling potatoes, The Rooker farm consists of one hundred acres, and haa recently been sold for three hundred thousand dol- are certainly no present indications, AN INCIDENT, During tho Presidential election of 1860.1 was in Little Fails, N. Y., in company with Mr. A. Culver, who kept a hotel there, and Herschel V. Johnson, whose planta- tation in Georgia I had recently loft, and who was then stumping the North and West with ‘stephen A. Douglas, on whose ticket he was running as Vice President, To- day I met Mr. Culver in ee looking hearty as a buck. Where 1s Herschel V. Johnson? What acon- trast. Here is an ex-Senator and Governor, whose where- abouts are noteven known, and here is an ex-landlord, who was his companion only a few years ago, down in modern grease, pamping oil from the bowels of the earth upon a doubie-acting principle. THX RUSH FOR PITUOLE isso great and the property has been so rapidly taken up that the tide of population and speculation has over- flowed, and is now traversing and setting upon streams and territory in the same region and similar in character to Pithole. Passing the Island and Homestead wells, which are prosperous, we reach the MOREY FARM, lars and half the oil reserved. The purchasing parties are getting for leages from five hundred 40 two aheasand which connie DER 4 % ie taal Pa, ane dollars per half ace. ‘Prather City,” on this farm, has bay Poy Wat WO ate! Geek aed already boen laid out in building lots, which command a | 11° Sora ent orossing | Holmen run, The fair premium, Thp amount of oil produced on the farm ia cmall, the territdry not having been at ail developed. With the Rooker, the Holmdens, the Blackmer, the Morey (lute Copeland) and the Hyner farms, adjoining each other, there is @ prospect that at least thirty thou- sand population will be there congregated within a period of six months, IN FITHOLE CITY, We made a road for Vat and the buck-board down the bank at Rooker’s farm, forded Pithole creck within ‘@ stone’s throw of the great United States well, and struck into the brush, woods, hewn lumber, building material, falling trees, oil barrels, and a swarm of specu- first and only well tubed is the New York Pithole Creek Petroleum Company’s well No. 4, producing thirty bar- rels, and increasing (fowing by spells). Leases issued for over one hundred wells, fifteen now drilling, twenty- eight with derricks erected and engines on the ground, and sixty others preparing to commence and under con- tract to begin drilling within thirty and forty-five days. Theyessces of lots on the Morey farm are mainly old Oil ‘creck operators of experience, ability and menns, ‘The three flowing wells of the United States Petroleum Company are within one hundred and twenty eight rods of thie farm on oue side, the Island well twenty rods, 8 new first class hotel, centrally locaied, known as the “Morey Farm Hotel,” ono hundred and fifty feet in length, and four stories in height, with wing and with adouble piazza the entire leugth, ‘twelve fect in width, ehaded by a beautiful grove of two acres, which is to be fitted up with walks, rests, summer houses, esha] ‘THY UNITKD STATTS WFLI.. Without stopping to notice the characteristics of the place at the present. moment, I will plunge at once into the subject of the great object of attraction, the United States well. The weil is now fowing seven hundred bar- fe Viet ee ight hepcsentanervivty barchle Dor &o. Thishotel will be neatly furnished and carpote day. ‘The lowest-flow was a little over fve hundred bar- throughout, and supplied with water from a pure spring. rels per day, The “Twin” wells, adjoining, flow together | M*. Chas. G. bei late tae BC at ee about five hundred barrels with the sucker re in, | Pense the hos) pee 4 ni age ere ne, wi 4 Those wells produce in the aggregate twelve hundred pasos eo four hun and dine one thousant barrels per day. which the oil is conveyed, each tank hol hundred barrels, ‘fhe tanks are not all full, some not more than half. There are about fiteen thousand barrels of oil in ry selling at three dollars and a half per barrel. The Unite An o'l exchange room inthis hotel {8 expressly set apart for the transaction of business among operators, and a liberal trace has already commenced in the buying and selling of interests in wells now in progress, and of royalty and working interests in leasca, A telegraph ‘There are some twenty-four — ke ding about twelve b é Ent ritory, starting from the United States well as a base, and ; said to be a very fut oll country :— ‘account at Howath's Mills, Twenty wells are going BORINGS OF THE UNITED STATRE PETROLEUM COMPANY FLOW- down on the Howath Feros, Sones of which ‘are said to 7 belong to Wm. B. Astor, |.) of New York city. or {CSE AND BAIR FOR Cts CMENS, 0 ASE ARY S BEM Jeaviing this property we approach the Stewart Mill ‘Tho pepsi Paine lie termiiory tn this viemity, seems. very much broken, but o ag yet undeveloped. ining & the Temperance 1—Sand rock. 95 3—Sand Hotel, kept by 4. Pegg ee stop to quench our Fee ge eae burning thirst, bub are informed by the gontlemanly Farm Well. Pret, 244 4—Sand rock. Thickness. $57 4—Sand rock. Hoosier weil bogan to Bow July 19, 1865, It ig reported on the ground that when the United timo concealed from the public, and the well plurzed up, * by. Prizes. Pithole City ie located upon the Thomas Holmden farm. farms adjoin the property on each side. acrea, rod thority wingencles respecgii marriage—a located prot Promise, is owned ty eee, garded pu proprietor that no beverage stronger t! sprung water ING WELL, ON PITHOLE; ALSO NOOSIER WELL, ON SAME and Howath farms. JOBN HIGGING’ FARM fs situated on the main Pithole, and a branch of tho same, about two miles above the United States well. It comprises two hundred and forty-six acres, One tract extends a mile on the east side of the main creek, which affords a splendid field for testing. Tbe branch of the creek runs through 0 jon of the other tract. The appearance of the territory in and all around this farm is identical with that on which the United States well was struck. It constitutes the second gr at ‘dip’ in the formation of the land on a line northward from the United States, On the west side of the creck, opposite the Sigying farm, a number of welle are going down, principally om the Connelly and Howath farms. The @epest well is about four hundred feet, with good ap- *troperty and derricks are wow going up. Thia Biggins rty and icks are now going uj is propert 7 ia bow held at two to three thourand ‘dollars por acre, and is owned by very substantial men, COWIN FARM, The Cowin farm next engages our attention, Here we find sundry wells in varions stages of progress, among Thickness. Total depth...... teensereses ata low figure. The well was sunk as a epeculation, | Wien well, which exhibite aympe h was regarded a8 chimerical by some well Informed | Wich is the then. wen Oil men. Twas altogether a lottery, in which those | toms of a flowing well tham any wo noticed on the creek who invested unexpecedtly drew great VAN WICK FARM. ‘We pase on to the Van Wick farm, upon which the + Unitad States Petroleum Company are now operating. indications of oi], and seem con- i suceced in striking wells unsur- Thickness.... 40 Thickness. A MANAGER'S DODOR, Statos wel first commenced flowing the fact was for a in order to enable those in the ring to bay up the stock THE TERRITORY. The widow Holmden farm, the Rooker and the Blackmer Holmden farm, of about one hundred ‘ ae hers Pl United ery Dapahenaad hey aay ANDERSON FARM, for nine years for oil purposes, and for one year to differ- oe ent partvn or buldiag, purpéees One halt. tbe oll a | Soe tmiar inall ite goologral formations to de Holt Teserved a8 the widow's he comme arrange. | den farm, ob which the United States woll is located. It ment is made with the Holmden form. belongs the Union Oil Aseociation, lately organized Repker farm is in some dispute ne regards ttle, but now syster B. Reed & Co,, oll land tie® are leasing ander the, aut of Prather & Oo., agonts of Titusville, Penn., who bear the tation of subjedt,to com the validity of the | ieing an honorable and responsible firm. ‘ibis house le. The Rooker ail Holmden families are related by purchased tho land in f ‘and formed the association on Holmden marrying « Rooker and & Rooker | this basis, Evory rs interest is clearly de- eanenninnae ee oe fined, in twentic #0 that theo can bo no over imme of on which fs * Tomarvabie sulpher ering, and a | Boek, vant tho giuanlie swindisn imposed witon tie part of Pithole City iF, and a number of oil wolls of Eo stock jobbers. Passing on we ey New York parties. Building ores ‘a number of wolls down, the operators of ts are leawed at the rate of one hundred and fifty to one whioh feel very confident of ‘le.’ The holders of thougand dollars per year. Oil leaseg half an acre | jand in this vicinity claim that will yet rival the two tg eight dollars cash and wells ‘struck on Pithole. We finally reach tte lebure, & ‘of some, two Ge tg 9 hae tare Rie dae ESTEE aL Bre th operttonn & od eral wells are Oe eee ee cit tied te es lion, lying ad i ‘UpOR | which show splendid indications of oil. in this to the | vicinity is held at from one to two thou: dollars per matin road from Plumer to Pit- | acre, ‘The day.belng pretty ee eh 16 awitch off iy proper, "the propery was | Sve anes trom Nelibrg, and fe very tia Any tousand dollars. Ita BOW | Rng fast increasing. in population. “Several stereo and going up, and 1 noticed on every 1 fi Prot City te ni oI n pase Pot wale tre nom, near this locality, over three hundred Lei food! size and appear- locall aneo, and has a lation two thousand white wrth peln. =i, 3 orally males, eleven fe ‘and one colored person. r ‘The United States Hotel is the principal hotel at pre- sent. It was built asa storage houge for oil. Now it feeds perhaps a thousand persone a di and lodges as ike herrings tn 0 = eat Si within its walls All the town lote were leascd a month ago, at pri ; five fe varying rom, S100 to $200 per yoar, for three years, by doe ty the alte ita Pearle Company, oo the , f- ic pron who purchased the, by ty ker farm, The Fair farm, three-cigh a mile ‘or $25,000, and have sinco mada a prevent of $75,000 to | above, havea well down six hundred and nine # half feet, its former owner. I believe the property bas lately boen | S04 ig naw belng tabed. and with every prospect stocked by the same gontlomen. All tl Jota have | oF pein, a good well, Adjoining this farm is Dawson -beon re-longrd at bonuses of from $1,000 to ee ae farm, of two hundred and sixty acres, for which was paid, nize of tho lots are &) by 100 to 140, The site of the } Suiy49, gii2.000 by #ome gentlemen from Bre! yw hotels nearly compl by Mr, Patchen, of Roure- burg, and on whi wells have just been com- ville, on Hamden strect, and Captain Vandorgitt, on | mented the Abvott farm, or tfact No. 210, consisting Fi street, leased for $6,000 and $7,000 ench. Captain | oF two hundred and fifty-s1x acres, adjoins the Daw- Will immediately construct, in ion with Dis | gon and two wells are in hotol, a theatre, Newey and rh a His | one being down two hundred and seventy-five feet and hotel is to be called the “Metropolitan, Rook ‘aptain |. the other four hundred feet. This tract is owned by a few bas just paid $82,000 for three acres’on er | Private individuals ized into a company, known as the ttowart’s Run jum Company. The prospects ior good wells on (lus tract are considered very good. Ad- Joining this tract is the McKinley farm, and ‘still above ‘on the run is the Humph Dawson farm gnd the Green farm. The last mentioned is being developed by the Joslin Oil Company of New York. On the high lands on each side and a short distance from the run are a num- ber of wells going down, ARRIVAL OF GOVERNOR ) OF NEW YORK, Jovy 17.—Governor Fenton, New York, aecom- All kinds of business are being opened, the principal A ‘een Ley Mpa id stages carry araph line ia in oj and st e ple in every direction. 2 iorse railroad will reach foro from Titusville before long. Board in a rough, unfurnished building ts three dollars per day, and moreapplicants than can be accommodated. A respectable party called on Widow Holtaden a night or two ago and begged the privilege of being allowed to vow York tat oud tn Tithole City, ns th jew York interats are 0 aro in most of the places through Which I bave travelled | panied by Genoral ts Judge Advocate, and some in these regions, The New Yorkers have literally in- | other gentlemen, visited the United States well t | vaded Ponneyivania and are planting her al! with green- way of the Morey farm. The Governor is in backs, It is estimated that already ton infilions of dol- and while viewing the flow of the principal lacs @ro juvosiod in Pithole gil territory, Ul the terri. { Woll wax ao overcome by (he gus that be nearly Caigied. allowed on his premises. This hotel is at the junction of ‘Pionesta and Pithole roads, opposite the John Siggins to Mtuseitio (by ral) += fany © Si lo (oy eat Seer : Ploasantviilr ou wees branch of Je neeeeene ee ‘ANOTHRR. ‘Titusville to Shaffer. ,.. Shaffer to Petroleum Centre. Patroloum Ce ‘TRANBPORTATION. O01 from Pithole City is teamed to Alleghan: pie MoCray’s 4 "g bend, five and & mniles, for $1 75 to $2 per It ie algo hauled direct to Titusville, ten miles or %. where it is now (July 20} ‘worth $6 50 per barrel. At the welts it cun be bought for $3 50 to I understand that a largo New You. ho to purchase the stock of oil on havd of the ug bas arranged at the wells, in anticipation of a rise in the price HAVANA. Interesting to Cubans at H Abroad—An Address to Her Cathoiie Majesty, &e. OUR HAVANA CORRESPONDENGE. Havana, July 19, 1865. ‘As the season advances and we plunge further inio the depths of midsummer heat and suffocation, the prow pect of collecting news enough to make a lotier interes ing appears to lessen, either because facts are too list less to care about coming to the surface in such weather, or who flab for them in the troubled wators of the world grow indiflerent tothe pursuit, But eveu candor her- self, beautiful as she isin her robes of light, will not insist on the latter supposition in my case; and Tam sure I logo none of her favor by declaring that it is hinted at as hypothetical, because, of course possible, Almost at the last moment before the departure of the good steamer Liberty, and therefore at toe late an hour for lengthened comment, I was so for- tunate as to get possession of a very singular de ment, which I may one of theso days lay before yout readers in the columns of tho Hzraip; and, since nock- ing clse now presents itself worth speaking of, we wil) take w glance at the paper in quostion, which purperts to be an address to her Catholic Majesty in r@}rd to re forms in these her colonies. Judging from the signa tures, a tolerably fair criterion, it is the joint produ t of natives of the Island of Cuba and Spanish resid-nta, and, if intended to reflect honor upon its authors, reflects it equally vpon both classes. It opens by stating what every one knows to be true, namely, that the newspapers of Cuba and Spain have been for a long time caliing for reform in the government of the colomes, particu lariy in that of this island, and then proceeds to assert—whnt do you suppose?—that the reforms asked for are net only not needod, but dangerous, and called for only by “a few ill-advised persons!"” “It is quite clear, your Majesty,” continues this paper, ‘hat such manifestations [desires for reform] find tak little echo in this country, especially among judiciona and sensible people, who, while remembering tne eloquent and salutary lessons which the history of the present century offers in abundance, ve eyes to see near examples with which to uiake comparisons. Near the Island of Cuba i the American continent, and in it the republics erected ia ‘what were once vico royalties belonging to the crown of Castile, causing envy then tothe entire world for the vreatness they reached under the sceptre of your Ma Pay's angst progenitors,” &c., &c. Now, ina word, one to the dogs. ‘The no less painful spectacle which Frexico preeents, * * * and equally so many foreigm. colonies not so ably nor paternally governed as provi form @ moet remarkable contrast with the two iskands of Cuba and Puerta Rico, where astonisaing FO} ” &e., &e. is is refroshing in July, Let us keop up refreshing x pine be. ourselves, Even cannot be conside! are told, when compared with Cuba—a happiness stowed in reward forloyalty, Well, we must suppose thas. those Cubans at least who have signed this document 30- cept the compliment, and I congratulate them on de claring themselves. contented and giving up all ideas of revolution and the like, which are not pleasant in consequences. A few words are devoted to the subject of slave trading. Delectable words! Listen to them:—“Thas immoral traffic which the laws, in harmony with publie opinion, forbid and anathematize, which your exposltors 28 well as the whole civilized world coudemn, not been carried on for some time past on the shores of Cuba, There is no one in the island ignorant of it, noone whe “Sante Hapaiory there te antone you, the Marg rs, ere are among you Load de Marianias, Don isco Duraiona, Don Francisce Ventosa, Don F, F. Tbaiez, Don Pascual Goizcoechea, Don Bonifacio Jimenez, a1 bad neither last nor least, Sefior Don Julian de Zul Come forward, gentle men, and tell the world (if you can stand face to face with ft) that there is no more of thet ‘immoral traffic” on the shores of Cuba, ‘For some time past,’ you say. Since when, O subtle expositors? It is aot very long since Arguelles was ruined through you, dungeoned ze and sent to the chain gang through you, blasted aad lighted forever among men through you and temptations, which ‘no one in Cuba is ignorant one in good faith even doubts.” Aud since then, gem- tlemen and Messrs. Expositors, there has been more traf- fickingon the shores of Cuba, down about Cienfu and near where some of you own broad lands ol throngh this same trafiic. And this reminds me not te forget that quaint little saying of ono of you to Captain General Terrano, Was it you, Dou Jose Plé y Monje? You can tell better when I recall the words to your mem- i—“Desenganese V. mi general, jue neceavames same pels y mas negros,”—{Be ndleoel a General. What we require is negroes, and still negroes.) Don José 1} generous public! now consents to anathematizo the- “immoral traffic’ by signing the document we are occu- pied with. ‘amends forall the immorality and all the trafficking! No doubts it, Let us proceed, with the reading. | which we shall come to presently, are hight; en sg col nge: and the Senators and Deputies in the Parliament of Spain are warned accordingly to discontinue their incen efforts fur ameliorating the condition of Cuba, because “the men of order, the men of experience, those who are not ignorant of the history of those countries, those in whom ex! er active, ardent devotion to their country, who contre their most ardent do- sires in the greatness and happiness of that country; in aword, the real and large majority o the inbabitanty: of this island, can’ no longer permit in their name and to the uiling of many who are Peery iden- tified with their desires and sentiments, this thing shoul@ continue of leading astray public opinion in the Peninsula and elsewhere abroad, which, far from being, Re echo of their sentiments and necessities, are in lute and complete discordance therewith; they understand that, to prolong their silence might be con- indifference tion which is to be given of the dangerous problems initiated by only a few, it is true, but With a zeal and Ability worthy certainly of a better cauce, Here, then, the whole truth comes out at length. The Cuban People love Spain so much that they are unwilling that excellent mothet to grant them a fa ‘Let us hear no more after this of Cuban nation her, to pursue ErAtg impressed on their legislation by monarchs your ys larly by your august prog IL, and continued witli enlightened wine in the present reign,” &c. That » oh they would nothing was done. erein they reform would be useful to which allusion was made i the it. Very naturally. in and would like to have the reduced or cut away altogether. Not troybled them very much; but it would f i g iy [ A ey & : FI shes x Mr. Tag buil » mat von The new hail will seat oleven bui and farnish standing room for three hundred | epee floor is thirty by seventy jundred seats, Tho dress circle and fifty feet on taine nix stores. A musical inauguration of the commenced on Saturday evening. pacatte Sitind OSA ANN TENSIVE 1 Hopson Orry.—About midnight om of Yr ge in inecentennive cattle former!; ua jurposes, cugtie to. rt £90 Rattrond Company, ant Nituated near the mm debouchment of the Bergon ‘woste! ‘Tannel, at Weat efforts 1 wore torn down, whem made An Lng abo ration were in vai some qeaive iigings, stayed, ‘The fire occurred on the idon- ae ea eh Sint tS ne sna to $20,000, on which is no insul irene ton LN. J.) Americam ry