DESCRIPTIVE CIRCULAR OF THE HOPEWELL OJL COMPANY. Capital.—s2oo,oos. Share*. —200,000. Tar Value,sl.®o. Hoh. JOHN ROWE, President. J. SIMPSON AFRICA. Secretary and Treasurer. DIRECTORSe W. S. FLRTCBHR, McConnnllsburg, Pa. JOBX Rows. Greencastle, Pa. F. BESRBICT, Bedford, Pa. J. IL SEYMOUB, llagerstown, MI .1. C. EYERHART, Martinsburg, Pa. Jons J. BCHBLL, Somerset, Pa. C. P. RAMSDKLI., Oil City, Pa. The property of this Company consists of 200 acres of (and, in fee simple, sitnated on the west side of the Alle gheny river, a short distance above 'he month of Scrub Grass Creek, in Scrub Grass Township, Venango county, Pa. It has a frontage along the river of one mile, wilh good boring surface for the whole distance. Two good oil wells are now in operntion on the east side of the river, immediately opposite the property of the Co. The following in regard to an adjoining tract, isHaken from on editorial in the Philadelphia Price Current, or December 17: _ , "The geological relation of this property to Oil Creek, is such that the oil-bearing strata, which supply the v.clla on the Middle Section of Oil Creek (from the Washington McClintock Farm on the north to the Buchanan on the South) must pass under this property: the range of the strata certainly bringing the two localities into this mu tu l relation. Other data, obtained from an investigate on of the conformation of the ground, and the umlerlyi ng rocks, lead to the same conclusion, via: that the ma iu bolt of oil, which extends down from the north-northea -t and supplies the wells on the Washington, McClintocl ~ Egbert, Stone, Tar, and Buchanan Farms, sweeps dowi I still farther on the same south southwest direction, cor - responding with and controlled by the inclination of tfct strata, and underlies this property. It is well ascertain ed by the testimony of aged and respectable residents that the Indians, years ago, gathered oil from the surface of the ravines on this property and used it for rheumatic af fections. In later times the teamsters of Bullion Iron F urnaoe, gathered and used the oil for the pusposc of applying it to galls and bruises on their horses. Oils foi years was seen to exude at a number of places; among others, at the root of an old stump on the bank of the Allegheny river, and in the ravine alluded to. A few years ago, the then owners of the tract, with one or two of their neighbors, bored a well, a few feet above the old stump. The first vein of oil was struck at the depth of 286 feet, and the second at 160 feet: an experien ced mau from Oil Creek was employed to tube the well, which produced a stream of oil three quarters of an Inch in diameter. The owners of the well, not satisfied with its production, pulled out the chamber, and drilled some feet deeper, when they strnck salt water in largo quantities and of great strength. Believing that the man ufacture of salt wouid. at the time, yield them a better profit, they arranged their seed bags in the well, so as to enable them to exolude the oil and pump the salt water. Still oil was pumped along with the water, in such quan tities as to gather upon the top of the water-tanks, from whence it was collected, barreled and sold.". There is every reason, therefore, to believe that tho pro perty of the Company is rich in its supplies of oil. The inclination of the Strata proves, conclusively, fhat those supplies of oil on Oil Creek have a higher level than the oil-bearing rocks on this property; and that, consequently, the supply will be more permanent than that of Oil Creek itself. The large extent of boring territory, equal to that, of half a dot en companies on Oil Creek, a boat-landing on the Farm, with the advantage of a navigable stream for the transportation of oil, and the certainty of the exis tence of large quantities of coal upon tho tract, makes tlat. property of incalculable value. The Company are about preparing to sink several weO*. and confidently expect the early development of oil iu paying quantities. The plan of organization adopted by the Company com mends itself to public approval, from the fact that it places no fictitious value upon its stock, but confines tho sale of shares strictly to their par value. A limited number of Shares can be had by applying to the following named gentlemen: F. Benedict, Bedford, Pa. Jacob Reed, " " B. F. Meyers, " " J. Henr? Sohell, Schellsburg, Bedford County, Pa. James Lcwthcr, Altoona, Blair County, Pa. S. S. Barr, Hollidaysburg, Pa. C. W. Ashcom, Hopewell, Pa. I. H. Kausler, Hagerstown, Md. S. H. Prather A Co., Greencastle, Pa. J. Hostetter A Co., " J. J. Phillips, Wftynesboro, " John 8. Miller, Huntingdon, " Samuel Henry, W. D. McKinstry, Mercersburg, " And at tne Office af the Company, No. 435 Walnut St., Philadelphia. dec.23,'64. 'A Complete Pictorial History of the Times.' "The best, cheapest, and most successful Family Paper in the Union." HARPER'S WEEKLY, SPLENDIDLY ILLUSTRATED. Critical I Voles of the Frees. "The best Family Paper published in the United States." —JVeie London Advertiser. "The MODEL NEWSPAPER of the country—complete in all tho departments of an American Family Paper—HAR PER'S WEF.KLT has earned for itself a right to its title 'A JOURNAL OF CIVILIZATION.'"—AT. Y. Evening Poet. "This paper furnishes the beet illustrations. Our future historians will enrich themselves out of Harper's Meekly long after writers, and painters, and publishers ars turned to dust."— New York Evangelist. "A necessity in every household."— Boston Transcript. "It is at once a leading political and historical annalist of the nation."— Phila. Press. "The best of its class In America."— Boston Traveller. SUBSCRIPTIONS, The publishers have perfected a system of mailing by which they can supply the MAO AZIXK and WEEKLY prompt ly to those who prefer to receive their periodicals directly from the Office of Publication. Postmasters and others desirons of getting up Clubs will be supplied with a hand some pictorial Show-bill on application. The postage on Harper's Weekly is 20 cents a year, which must be paid at the subscriber's post office. TERMS:—HARPER'S WEEKLY, one year, $4 00 An Extra copy of either the WEEKLY or MAGAZISE will bo supplied gratis for every Club of Five Subscribers at $4 00 each, in ona remittance; or Six Copies for S2O 00. Back numbers can be supplied at any time. The annual volumes of Harper's Weekly, in Deat cloth binding, will be sent by express, free of expense, for $6 each. A complete set, comprising Eight Volumes, sent on receipt of cash at tho rate of $4 50 per volume, freight at the expense of purchaser. Address HARPER A BROTHERS, dec.23-2t Franklin Square, New York. "Unquestionably the best sustained work of the kind in the World." HARPER'S NEW MONTHLY MAGAZINE, Critical notice* of the Prese. It is the foremost Magazine of the day. Tt> fire side never had a more delightful companion, nor tho million a more enterprising friend, than Harper's Magazine. MethoHiet Protectant, (Baltimore.) The most popular Monthly in the world.—Aeie York Observer. We must refer in terms of eulogy to the high tone and varied excellences of Harper'e Magazine —a journal with a monthly circulation of about 170,000 copies—in whose pages are to be found some of the choicest light and gen eral reading of the day. We speak of this work as an evidence of the American people: and the popularity it has acquired is merited. Eacn number contains fully 144 pa ges of reading matter, appropriately illustrated with wood cuts; and it combines in itself the racy monthly and the more philosophical quarterly, blended with the best fea tures of the daily journal. It has great power in the dis semination of a love of pore literature. —TRUBXEK'S Guide to American Literature, London. The volumes bound constitute of themselves a library of miscellaneous reading such as cannot be found in the same compass in any other publication that has come un der Ottr notice. — Boston Courier. SUBSCRIPTIONS, 1865. The publishers have perfected a system of mailing by which they can supply the MAGAZINE and WEEKLY promptly to those who prefer to receive their periodicals directly from the Office of Publication. The postage on Harper's Magazine is 24 cents a year, which must he paid at the subscriber's post office. TERMS:—HARPER'S MAGAZIXR, one year, $4 00 A# Extra Copy of either the Magazine or Weekly will be supplied gratis for every Club of Five Subscribers at $4 00 each, in one remittance; or Six Copies for S2O 00. Back numbers can be supplied at any time. A Complete Set, now comprising Twenty-nine Volumes, In neat cloth binding, will be sent, by express, freight at expense of purchase r, for $2 25 per volume. Single vol umes, by mail, poet) >aid, $3 00. Cloth cases, for binding, 68 cents, by mail, p< istpaid. Address f HARPER A BROTHER, 6. June 17,'64-tf. NEW FIRM. HA\ ING this day associated with C. L. Buck in tbc mercantile business at New Enterprise, hereafter the business will be transacted in the name of D. F. Buck. A Bon. „ I). F. BUCK. New Enterprise. Nov. I, 1864. riIHE old books aro in the hands of D. F. Ruck for >et -L tlcment. All persons having unsettled accounts are respectfully requested to call and settle, bv giving their notes or otherwise. Thankful for past lavors, we solicit the patronage of all prompt paying customers. All kinds of country produce bought or exchanged paid *' f ° r Wh ' eh thC bighest * marke f price will bo _ I). F. BUCK A SON. New Enterprise, Nov. 1, 1861. [oet.2B/64.] TO OUR CUSTOMERS. the unsettled state of the mnrkct, and the net cash prices charged us for all the gcods we buy tiow, compel "8, in common with other business men, to reouirc cosh sales. ' Hereafter, until business get into a more healthy con dition. we innst sell exclusively for cash. In return for this favor from our customers, we promts them goods at the very lowe