South poised as future center of mineral and oil wealth
A sweeping U S adage proclaims the South as the nation’s greatest undeveloped asset with vast mineral resources and oil fields awaiting development along Virginia coastal plains. It cites rich deposits of coal ore granite marble and phosphate and asserts pale amber petroleum in Henrico County as high grade, urging swift awakening to unprecedented prosperity.
MENTIONED IN THIS ARTICLE
South
United States
Virginia
Henrico County
Eastern Oil Company seeks investors in Virginia oil venture
The Eastern Oil Company of Richmond advertises large Henrico County acreage with proven oil potential. It claims oil is struck nearby at 307 feet and offers stock at 10 dollars a share with payments over 90 days. Cooperative funding aims to build a major southern oil institution with nationwide subscriptions and funded travel for investors. Prospectus and geologists' reports are available on request.
MENTIONED IN THIS ARTICLE
BOM
HE Eastern Oil Company, Inc
Virginia
Eastern Oil Company
NTITH
South
Newark
N. J
Florence
S. C
Wilmington
Richmond
Eastern Oil Company, Inc
The
Henrico County
Biby- Bubat
Baku
Russia
Caucasus
Rumania
Transylvania Alps
Gallacia
Austria
Carpathian Mountains
Burmah
Rangoon
Irrawadi River
Youmadong Pegavoma
Italy
France
Germany
Mexico
Cuba
Also Mentioned on This Page
Kelly
House of Representatives
J. H. Baugh
Orange Street
N. C
Messrs. Kulp & Olden
American Nat. Bank Bldg
Richmond, Va
Eastern Oil Coo., Inc
America
Appalachian Belt
New York
J. M. Sullivan
North Second Street
Wilmington, N. C
the Eastern Oil Company, Inc
Texas
T. W. Wood
ASF Bi
American National Bank
I FC Amrprnnmway Mer
Richmond, Virginia
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