This little village, situated in Hampshire Co., Va., opposite Westernport, Maryland, is the creation of the Baltimore and Ohio Railroad. The Cumberland Journal says:—It is beautifully located at the foot of the Allegheny mountains, and is surrounded by an amphitheatre of hills. Here is located the splendid engine house of the company, and here are to be its machine shops, unless it should be determined to continue them at Cumberland. The village already boasts its stores, warehouses, hotels, and private dwellings. Around it, on the sides of the mountains, are rich veins of semi-bituminous coal. Above it, a mile or two, is the mouth of Savage, where coal also abounds. Already are the coal properties in this region coming into demand, and we hear of recent sales that indicate an enormous rise in value. The New Creek Company are about to commence operations not far from the mouth of Savage, and several individual proprietors will likewise begin to open out in a short time. It is reduced to a certainty that the second track on the Baltimore and Ohio Railroad will be soon required for our coal trade.