Ifixon countv seems to L« going it aloce in the maturs of mineral [reductions, volcanic eruption? and sieh. We clip from an exchange; Thediscovery lt;f extensive peat bed' inPiiob county, about i:! miles north of*thi» place, is a bonxnia for this county. Our friend, Win. [’ark, post- | maater at Park Hiil, is ijuite confidentthat it wiii prove a success. He is «nog it for fue£ in a partially prepared .state, and says that it bums 9 free, tnahir.g do odor, and leaves \ •she* similar to cigar ashes. A sam- ; pie of it is on exhibition at this! office.”