The Phillips and Woodford Wells on Tarr Farm, north of Oil City, Pennsylvania, in 1873.

Clarion River Oil Boom Investment Opportunities (Jan. 7, 1865)

The Clarion River Oil Region

Daily Constitutional Union (Philadelphia, Pa.), January 7, 1865

The astonishing developments on the Clarion River, daily exhibiting themselves, are of the most surprising character. [It] settles beyond doubt or cavil the immense productiveness of the oil yield in that attractive region. The stocks of all the oil companies whose property is located on the Clarion River, or its tributaries, are rapidly increasing in value. And hence are eagerly purchased. Persons seeking investments that will pay handsomely and largely for a very small outlay should promptly take stock, while it can be obtained in the Clarion River companies.

The Turkey Run and Ready Camp Run Oil Companies certainly now present opportunities for obtaining valuable interests at a trifling comparative cost which our enterprising citizens ought not to lose sight of. Attention is directed to the prospectus in our advertising columns, from a conscientious and firm conviction that no surer or safer disposition can be made of money, either in large of small sums, that will more quickly or hugely (if the word may be used) increase in solid and intrinsic value. The shares are sold at the low rate of one dollar and fifty cents, their par value being five dollars.

The directors assure subscribers that no future installment will be required. One hundred and fifty dollars invested is almost at once worth, upon the issue of the certificates of stock, five hundred dollars, and may in a month realize as many thousands. Indeed, it is quite likely to be so, and may be worth even more money. If the people who have small sums of money to use, desire the most profitable and largest results from such outlay, it is clearly our opinion it can be more certainly attained in the way we have indicated than by any other with which we are acquainted or have any idea of. The profits of investments in the yield from gold mines “pale their ineffectual fires” before those placed in the stock of oil companies of the now famed Clarion river-region.

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