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ELLAVOOI) AVALTER. W. F. BUCKLEY. W. N. OLIVER. SILAS B. DUTCHER. m Agents for sale of Coal: ASHFIELD & CO., 58 UBERTY STREET, Room No. 12. r i J. gitammoirs C0al ITanifs. i hi Whilst tlie supply of Antlimcite Coal lias been, thus far, about erpial to the demand, with a steady in- crease in the (piantity recpiired, as ^vill be seen by the accompanying table, the supply of Bituminous Coal has been very inade(piate. Our main dependence has been heretofore upon Coals from foreign markets, and the Hn])ply has l)een so variable and uncertain that no reliance could ])e placed upon obtaining an ample sup- ply ; thns subjecting the consumers, at times, to the payment of very high prices for an article so necessary to their comfort. The price of Liverpool Coal, in this city, has been as high «« i^l8, per chaldron; thus plac- ing the use of Bituminous Coals beyond the reach of persons of moderate means. The high price of Bitu- minous Coals has attracted the attention of parties largely interested in the Coal Trade, and for several years past they have been engaged in making inquiries, and having examinations made, with a view to ascer- tain if Bitnminous Coal of good quality could be found in some favorable location, where the mines could be worked to advantage, and the coal put upon the market at a moderate price ; thus increasing the consumption, and enabling all who use Bituminous Coal to obtain a reliable supply, within the means of every consumer. It was well understood that Bitumi- nous Coal existed in Pennsylvania; but it was not known until reeently, that IJituminous C'oal, of good quality, was so situated as to be accessible to the New York market, at a moderate cost for transpoi-tation. A comj^any has been organized, cajjital ^.■)()0,000, five thousand shares $100 each, t\vo thousand shares re- served for working capital, to whom these lands are conveyed T)y a clear and indisputalde title, free from all incumbrances, and measures are taken to send the coal at once to market, 1>y canals and railroads, now built and in operation. To connect the mines with the Pennsylvania Canal and the Philadelphia and Erie Railroad, a railroad is constructed down the slope of the mountain on the mineral right proi)erty, mines opened — and now in o})eration — and the Company are making preparation to work them to their utmost capacity. The cost of this coal in the New York market, is estimated at $4.75 per ton, at the old rates of labor and freights. On coni})arison Avith the prices hereto- fore i)aid for Bituminous Coal, it will at once be ])er- ceived that these mines can be worked so as to pay a large profit to the producers of the Coal. The (piality of our coal has been favorably alluded to in a report of Prof. AV. R. Johnson to the Navy De])artnient of the United States — of forty-two va- rieties of coal which he experimented uj^on, thirty- five were from the United States, and seven from (rreat Britain — and Professor Johnson's opinion is that coals from this region are superior for steam, and sea-going steamers. In support of Professor Johnson's opinion, ,> we refer to II. R. Taylor's statistics of coal, jniblislied in 1848, p. 105. The coal on this property has been found superior, from actual experiments, tor steam, blacksmithing, the manufacture of ii'on, and for domestic use, and has been used on the locomotives of the Penn- sylvania State lioad with tlattering success. From the certiticate (^f the Novelty Works, N. Y., it will be seen for blacksmith's ]nirposes it has no sui)erior. This coal has not only l)een found useful for the above purposes, l)ut from experiments made in this city on the coal from the up])er vein, it has been found fully equal to Newcastle and Pittsl)urgh Coal for gas purposes. The cost of Pittsburgh Coal at Elmira (112 miles from our mines), during the past year, has been $8.50 per ton. The cost of delivering our coal at that point would Ije less than $-^.25 j)er ton, and from Elmira it can be for- warded by canal and railroad to the larger cities in the State of New York, All)an}', Troy, Rochester, y contract is 40 cents per ton, old rates, present price 80 cents, delivered at the mouth of the openings. It is the opinion of several gentlemen well acquainted with the ^v ants of the interior of the State of New" York, that we can find a market there for from 75,000 to 100,000 tons per annum. It is pro- per to state, that heretofore, the Bituminous Coal for gas, in the interior of New York, has been obtained from Ohio and Pittsburgh. The ojienings on three of G the voins nro ftlivady nmdo, nnd it is i^stlinnttMl tliat tli > pi'oduction of tlie mines iiuiy l)e iiuTcascd to lM)(),0(I() tons per aniiuni. Tlu^ location of tlicso Coal Fields, within l?.")!) miles from the eity of New York, by the Xew" Jersey, Central, (^atawissa, Philadel[)hia, and Krie railroads, the iL^reat demand for thiseoal in the vicinity of tlie mines, the variety of uses to Avhieli it ean l)e ap- plied, its superior (piality, and its Ix'ing the nearest Hitu- ininous Coal to the lari»;er markets, h;ad to tlu^ eonelu- sion that this is a valuable property, and that the stockholders anIII, with proper management, receive large dividends ui)on their investment. • Prof. James IIatj., for many years State Geologist of the State of New York, a gentleman whose high repu- tation is well known in the city and State, has ex- amined the mineral right ])roi)erty, aud for his opinion of it we refer to his rei)ort, accom2)auying this pam- phlet. A'lO €i)t Valm of (ffoal ILanlis. Tlie great and rapid li^rowtli of tliis country; its great increane in population; the great activity in all tlie various l)ranclieH of business recpiiring the use of coal; and the great increase of steamships, h)conio- tives, iron works and steam engines, as well as the increased quantity annually recpiired for domestic puri)08es, clearly indicate that coal lands, eligibly situated, must rai)idly increase in value ; and that lands thus situated, which may now be purchased at moderate prices, will, a few years hence, l)e eagerly sought after at i)rices Avhich at present, to many ])er- sons, woidd ai)pear to be enormous. The great pros- prospective value of such lands is well understood l>y those familiar with the subject ; Ijut the large amount of money required to render such investments profita- ble, makes it necessary, in order to attain the greatest advantages, to call in the aid of associated ca])ital. It is a very common expression among consumers of coal, that there are so many coal companies, " coal Avili be cheap." It is very desiralde that coal should be sold cheaply, and as far as Bituminous Coal is concerned, we think, a very great reduction can be made, com- pared with prices formerly paid, and at the same time allow a liberal and large profit to the operators. Although the coal fields of this country are veiy large, the quantity inexhaustible, and amply suflicient to furnish a snpply for ages to come, yet how few think of the enormous amount of capital required to build canals and railroads, without which coal lands are » 8 ♦'iitirt'ly uniivjiilji]»lt'. B\ ii close calcuIut'KHi, which has ]i('( 11 fnit'iull}- iiindc, it is estimuttHl tliiit in the State of Pcunsylvmiin, iihmc, iiiort) tluui >J^72,()()(>,(»0() have })vvn invested for tlie eoal ti'a(U', in eanals and railroads, inelndinu; mining; stock and tixtures. How little is thou^dit of this by thos(^ who fancy "the possession of remoter mountain hinds, contain- ing coal, and a (luirter from u State Legislatui'e, au- thorising the issue of certificates of stock are all that is re([uired.'" It nuiy reasonably ])e supposeil, that In view of the large outlay re([uired to ()j)en new avennes to mai'ket, those which are the nearest and ni(>st available will be taxed to their utmost capacity, before capitalists .shall be willing to make large investments for new ones. Ah these lands can use existing canals and rail-roads, and are l)elieved to be the nearest Bituminous Coal huids to New York, their great value can be readily apj)reeiated. The ex})orts of (Jreat Britain, in ISoO, were: To France, ()l2,r)4n tons; to Holland, 151V.)58; to Prus- sia, 189,.V2ered that this is Bituminous Coal, to the use of which they are most accustomed in Europe. The great increase in the use of coal re([uired for the steamshii)S of Avar in all the navies of Europe, Avill, at some not very remote day, cause the United States to become large exporters of coal ; for it may be relied upon with confidence, that the nations of Europe Avill not leave themselves almost entirely dependent upon the mines of Great Britain for the supply of an article without which a steam navy is useless. 1 , i Black Psati} iffoal (ffompanij Jianbs. 'PinisK lands nw situated in Clinton County, in the Static of PcmiMvlvania, Ixu'dtTlnu; on the west hranch divisi(»n of the Peiinsvlvania Canal, and contain 404 acres, and tlie lease of 4i'.") acres for 14 years, with im- provements. Tlie practicability or facilities for transportation of coal from these laiuls, to tlu; leading nuirkets, cannot 1)6 exceeded, if e(jualed, any where in the country. A hiteral railroad, now tinislied, in all tliat is re(piired to ti'ans])ort the how ojH'n, coal to the branch division of the Pennsylvania C^anal, and from th' uce, unob- structedly, to either Baltimore, Philadeljdiia, New York, or by way of Williamsport to Ehuira, on the New York and Erii^ Railroad ; from which point nume- rous lateral railroatls tend to the interior of the State of New York, and the main trunks extend from Elmira to New- York City, Dunkirk and Butlalo. The Phila- delphia and Eric Kail-road, when com])leted, will (^pen communication with Lake Erie, IIV.) miles from the mines. The distances from the Black Heath Coal Company's mines to market are, viz. : From mines to Pennsylvania Canal, railroad constrncteJ, From thence by Pennsylvania Canal to ("olumbia, From Columbia by Tide-water Canal to Havre de Grace, 8 miles. 150 " 45 " 208 From mine to Tide-water, Of which but 8 miles is railroad and 195 canal; the canal now being in active operation, boats carrying 00 to 70 tons ffross coal. m 10 From Havre do Grace the same boats are towed to Baltimore, From mines to Havre de Grace, From mines to Baltimore, From mines to Havre de Grace, From Havre de Grace, boats are towed to Philadelphia, . From mines to Philadelphia by water, except 8'miles, From mines to Columbia, canal 159 miles, railroad 8 miles. From Columbia by railroad to Philadelpliia, in operation. From mines to Philadeiphia, per railroad and canal. 54 miles 20;] " 257 " 203 miles. 80 " 283 " 158 miles. 80 " From mines to Williamsport, (canal in operation 37 miles,) From Williamsport to Elmlra by railroad. 238 37 miles. 75 " 112 From mines to Elmira, From Elmira can be supplied all eastern New- York, cheaper than from any other coal iield. From mines to Williamsport, and by Baltimore and Susquehanna iJailroad to Baltimore, 207 miles. From mines to Philadelphia by canal and railroy the nearest route. In fact, tak- iuL' into consideration the relative advantao:es of these lands to the leadinc: markets of the United States, it will he seen that they possess a decided superiority over all other Bituminous Coal lands. An important feature in these lands, is, that they are heavily timbered with white oak, \vhite pine, }'el- low pine and hemlock. The transportation on the Pennsylvania Canal, including tolls, is one per cent, per mile. Another very important feature is, that fire-clay of 11 es. the first quality, and one foot in thickness, overlies the opened veins of coal ; and it is reasonable to infer, that this valuable deposit exists, with the coal, througliout the lands. The manufacture of fire-brick lias l>een carried en. extensively, in the neighlx)ring lands, and ample fortunes have Ijeen realized from it. Relative to coal lands, in the future, all the facts. or data in relation to them, indicate, unerringly, that there will be an active and remunerative demand for every pound of coal of every name or nature. The enhanced price of coal in the kingdom of Great Bri- tain, already warns her peo2)le that they cannot much longer export that article with impunity. Our anthra- cite coal fields ar*^ at present taxed to their utmost capacity ; and tliough tlie product can be largely, but gradually increased, still the increase of manufactures,, of the application of steam poAver, and the rapid growth of population,, will be more than commensurate with it. There can be, then,, no reasonable conclusion, but that the sources of fuel of every kind, must be greatly ap- preciated, both in interest and value. if f i! iV PROFESSOll JAMES IIALKS llEPOKT. 's. HI 'I i li ill ;! I HAVE exaniinecl, in a cursoiy manner, tlie i)i'()])ei'ty on the Tansxascootac Creek, near tlie West Brancli of the Susqiielianna. Crossing tlie Susquelianna a])Ove Farrandsville, Ave proceeded up tlie creek from its mouth, along the road as far as the coal mine already worked on the tract marked as the "John Heed Tract." The openings made, and from which much coal has already been taken out, are on the southeast side of this tract. An examination of the bed by l)enetrating the old workings for several hundred yards, showed a bed of coal having an average thick- ness of al)out four feet, var^'ing from three feet nine inches to four feet three inches in thickness. The coal, from all the examination that coidd be given on the spot, both in the mine and that which has been left at the mouth, appears to be of an excel- lent quality, and free from sulphur. The bed has a dip of from tlweo to //re degrees to the i^oufhwest j and from a further examination of tiie surface and its ele- vation, and general contour, it is evident that this bed of coal underlies nearly the entire area of this and the adjoining ])roperty to the southwest, cro]»ping out only along the sloj)e towards the creek. At another p(Uiit Avest of this opening, and after crossing a small branch of the creek, an o2)ening has l)eeu made on the slope of the hill Avhere it commences 13 to descend towards the creek. This opening shows the fv t-cropping of a l)eil of coal about four feet in thie: . iss. Without having an opportunity of proving this to be the continuation of the bed previously examined, I have presumed it to be the same. We have therefore the evidence of this bed extending be- yond the centre of the tract. At a point in the immediate neighborhood of the last named opening, and at least ffty-feet below it, on the slope towards the Tangascootac, a shaft has been sunk to the depth of tw^enty feet or more. The lower part of this shaft penetrates a bed of coal at least four feet thick; the base not being visible. This l)ed is (juite distinct from tlie uj^per one, or bed first ex- amined, ])eing at a lower level than that one. It is overlaid by a fine shale or clay, while the first one is overlaid l)y coarser materials. This bed, from its in- ferior position, will crop out on the north-east margin of this tract, at a lower elevation than the bed already worked, and there will l)e no difiiculty about tracing its outcrop along the slo])es towards the Tangascootac ; not only along the entire length of this tract, but along the adjoining one, or the '■'' Stand Uh FonV tract, since the general dip of the strata appears to be in a southwest direction. Not only this vein, l)ut the higher one, can be o])ened at numerous points along the sloj^e, giving great facility of access to the valley below ; but afford- ing, at the same time, the best means of drainage, \vitliout tlic aiklitional exj)ense beyond the openings for workinii: the coal. Leaving this point, w^e proceeded to the southwest 14 i part of the Standisli Ford Iract, to the mine marked there as " I?'wm Coal Miner This bed lies at a Jiigher elevation than the one first examined, and would appear to be a distinct bed, oc- cupying the southwest portion of this tract. The bed is five feet in thickness, and v^ry accessible from the northeast side. From the limited time given to the examination, it was not possible to trace fully the ai'ea occupied by this vein ; though from the contour of tlie country, there can be no doubt of its continuance in a south, southwest and southeasterly direction. From this examination, it appears to be determined beyond a (question, that there are two distinct ])eds of coal, which from their dip must underlie nearly the whole of these two adjoining tracts ; leaving out that portion occupied by the slope below them, and the valley of the creek. The average of these veins to- gether, may be set down at eight feet, and every acre so underlaid will yield 27,878,4000 pounds, or about 12,()3(j tons of coal. Setting off for the portion occu- ])ied by the valley of the creek, and tlie slope of the hill below the outcrop of the veins, we have 274 and 548, together 822 acres; which, at 12,630 tons per acres, or 10,880.872 tons for the entire of these two tracts. In addition to the value as a coal tract, I may mention that the surface is well timbered with pine, oak, hemlock, and other kinds. Much of the pine is valualde for sawing into boards, plank, tfec, and the oak for various pur})oses ; wliile enough of the inferior portions of these and the other kinds will remain for the pro])s for the coal workings. The importance of 15 timl)er for tliis purpose should not he lost sight of from the oomniencement, and care sliould be taken tliat none is wasted. Beyond the coal and tind)ei', there are other sources of profit in the fine clay for fire bricks, and in the sand- stone which may be probably turned to advantage in the manufacture of common glass in a country where fuel is abundant. From the focts already presented, and which are based upon the exposures and partial working of l)eds upon two tracts, it is sufficiently demonstrated tliat the entire area is a valuable coal tract. A LE'riER Fv.o.M Alex. Divex, Esq., late President OF THE Willi AMsi>oRT and El^iira Railroad. My Dear Sir — You have asked my opinion of the market for Bituminous Coal in Western New York, over the Williamsport and Elmira Railroad — and of my knowledge of your property known as Tangascootac. With regard to the market^ I think it safe to say tliat there is no kind of danger in ever glutting it. You are greatly mistaken in supposing Western New York the only market for this coal. It goes to Albany from Coming now. All the Bituminous Coal used north of your coal field, or tlie Blossburgh, is brought roinid from Cundjerland, Maryland, by New York, or from Ohio, or Pittsbui'g by the lake. The difficulty with the Ohio is, it is so charged with sulphur that it cannot be used in working iron, conse- quently the entire consumption for all New Y(>rk and 16 Canada has to he foreign, or from the Cumberland mines, or taken back round from Pittsburg, or ol)tained from Blossburgh. The Bk)sslnirgh Coal is in exceed- ingly narrow veins, and the quality of the coal is very lean, having a very large amount of residuum, and not free from sulphur; still it is l)etter than Ohio, and l)eing so much nearer the market, can fairly compete with the Pittsl)urg at Buffalo, and tlie Cumberland, and Liverpool at Albany. It will not, however, make gas at all. They sold last year i)l),()00 tons of this coal, and could have sold t^vice as much if they could have got it out and over the road. Your coal is Avorth at least one dollar the ton more than this for domestic and mechanical uses, and can be mined for less than one-half. The ex})enses of mar- keting it will be a))out twenty-five to fifty cents more now — after the Suid)ury road is done up to Farrands- ville, l)ut very little more. It has l)een tested for gas, and nuist find a large de- mand far that purj)ose. My inspection of your lands satisfies me that you have a property immensely valuable. The road to the Clinton County Company and the Farrandsville Com- pany, will lie all you Avant to get out with, and you have only to Imild slo])es down the hill from your mines to 2:et the coal to market. de- you tlie 17 Extract from Report of John Mowlon, Manager, TO THE President of New York Gas Company. "In the experiment made with the Tangaseootac Creek, Clinton County Coal, Penn., on the 15th of April, by onr Mr. Cartright, 20 lbs. coal produced GO cubic feet of gas in 45 minutes, yielding 142 lbs. of coke. The gas and coke of fair quality. Experiment No. 2. — 20 lbs. produced 75 feet of gas in 45 minutes, and 15 lbs. coke. Trial at the El^iira Gas Works : Trial of 5 bbls. or 840 lbs. of coal : 12 bushels, or 840 lbs., producing 3,120 feet of good gas, 21 bushels of coke, which is 3*57 feet to 1 11). of coal. II. T. AIINOT, Superintendent Ehnira Gas Co. Lock Haven Iron Company. Tills is to certify that Ave have used the coal from the Tangascootac mines, and found it the best we have ever used, and would cheerfully recommend it to all manufacturers. HARVEY, BEST & CO. Office of the Secretary of State of the ) State of New York, Albany, March 15, 1804. j To W. M. Aslifield, President: The articles of Association of the Black Heath Ccal CojrPANY are this day filed in the Office of the Secre- tary of State of the State of New York. Very respectfully, ERASTUS CLARK, Deputy Secretary of State. o SI -J iM if ■: i [V' I 1 Extract from R. C. Taylor's Statistics ^vrni refer- ence TO THE (QUALITY OF ClINTON CoUN'J'Y CoAL FOR STEAM IHRPOSES: Out of the forty-two varieties of coal Avliicli have been ex})erinieute(l upon, thirty-live are from the United States, and seven from Britisli America and Great Britain. Tlie niim1)ers in the table represent the order in which they take tlieir appropriate rank, from one to forty-two. From the care whicli Ave know has l)een bestowed to obtain tliese results, we cannot hesitate to receive them in i)erfect reliance on their accuracy. By taking the four tables of results of evai)orate power, the respective coals in the foregoing synoj)sis I'ange themselves in the followini»: order of value : 1. Pennsylvania coals, of Queens Kun. 2. Viro-inia coal. 8. Pictou Mining Association. 4. Pictou — Cunard's. 5. k5 C. Liverpool. Extract from Beport ry' W. R. Johnson to the Navy Departjient of the United States, on American Coal: Tlie coal from Queens Bun, when tried in the chain shop, was found eminently usefid for that sj^ecies of work. It gave but little cinder, and a flame of moderate lenofth. In the performance of ordinary smith-work, to whicli it was applied in the anchor sho]), the result was also higldy satisfactory. It gave little cinder, a coke soft and yielding, and a form of flre abundantly hollow for all the purposes there required. BY LAWS OF THE BLACK HEATH COAL COMPANY. ARTICLE L This 'Company slkall he known as, and called, Black Heath Coal Co:«pany. ARTICLE IL BOAIID OF TrI'STEES Ll.AHTED TO FiVE, AND MUST BE stocknolders. notice to stockholders of Election. The aiiairs of the Company shall be managed hy a Board of Trustees, consisting of five Stockholders, who whall hereafter be annually elected by ballot on the Monday succeeding the first Sunday in April of each year, by the Stockholders, at the ofHce of the Company, in the city of New- York, and the ])olls shall remain 02)en from 12, M. until 4, P. M. Notice of such election shall be given in a daily newspaper, printed in the city of New York, at least ten days previous thereto ; and a written or printed notice shall be given to all the Stockliolders, by leaving said notice at their places of business or residence, or directed to them through the post-office ; and when any vacancy shall occur among the Trustees, by death, resignation or otherwise 80 i it bIhiII \)k\ iilk'd, fur tlio remjiinder of the year, by tlio Board of Trustees, from the Stoekludders. Tlie Board of Trustees shall meet at the Otliee of tlie Comi)any on the first Wednesihiy in eaeh and every inonth, and at such other times as they maybe specially convened by the President. ARTICLE III. STOCKIIOLDEUS TO VOTE UY JJALLOT ONE VOTE FOll EVERY SHAKE. At such annual election the Stockholders shall vote by ballot, and each Stockholder shall l^e entitled to one vote for ever} sliare of stock then standing in his or her name on the books of the Company, and may vote in person, or by proxy in writing, duly signed and wit- nessed, and a i)lurality of votes shall determine the choice of Trustees. ARTICLE IV. ArrOINTMENT OF PRESIUENT, TllEASUI{ETl AND SECKETAKY. The Board of Trustees shall convene immediately after every annual election to api)oint a President and Treasurer, who shall hold office for one year, and until others are chosen ; also a Secretary, who shall hold his office during the pleasure of the Board of Trustees. %. m. « ARTICLE Y. DT'TIES OF THE PHESlDENT. It shall be the duty of the President to attend at the office of the Company daily, and to preside at the meet- ings of the Board of Trustees. He shall sign all certificates of stocks and other 21 s -^ P. necessary papers, coiiutei'sii^ii all cheeks on tiie bank or banks, and do all the acts neceasaiy in tlie Imsiness of tlie Company. 4 lie shall a])point a Finance Committee from the Board of Trustees, and all special connnittees, unless tlu; Board of Trustees otherwise direct, and shall he ex ojfici'o a meml)er of the same, and generally su]>erinten(l the affairs of the Coni})any. He shall recpiire the Su- perintendent of the mines to keep regular and full accounts at his oflice, and to transmit to the President monthly statements, with vouchers, for expenaid out, when recj^uired hy the Trustees. AirncLE IX. LIABILITIES TO BE IXCl'UUED ONLY BY ASSENT OF A MA- JOUrrY OF THE TRUSTEES. No liahilities or indehtedness of the Company shall he incurred without the assent of a majority of the Trustees. ARTICLE X. OEirriFIC ATES WHEN VALID. Certificates, signed hy the President ainl F^cvvtary shall he issued to the Stockholders when ; ';Ti.'. .,, spe cifying the iiumher of shares held hy each ; but no trans- fer shall he valid unless the orio-inal cei'tificate of such shares, rliall have been surrendered and canceled. And no certi+i 'J ' ^s for the transfer of stock shall at any time be signed i!» idaiik hy said President or Secretary. K. I ! I 23 AllTlCLK XI. TUAVSFKIl 1U)(>K WIIKX (LOrtKD. TIic truiiHtt'i' 1m)<)1v sli.'dl y^v cIosimI at least fivr •laV'* ])i'eviouH to ihv \my u wnt of nuy divi(l(!ii(l,aii(l ii(» stocks sliall l)e transit irroposed additions or anientlnients shall Ix' submitted t«» the Board in writing, at a previous meeting to that at which the action of the Board shall l)e had tliereon and previous notice, in writing, shall b' given by the Secretary to each Trustee of the Company, of the con- templated additions or amendments, and the time when they will be passed upon.