Wilton,
I had the pleasure of being around my gfather that was born in 1882 and he used those remedies you talk about.
I remember he would use cob webs and turpintine or white has on our wounds on our animals. Some called it lamp oil. Smelled like petroleum distillates to me.
About the only medicine he bought for himself or his livestck was a liquid in a square looking bottle called VOLCANIC OIL and that smelled like distillates also.
I like CUT HEAL for almost every type of cut on my dogs and it smells like distillates and fish oil...

If it didn't smell so bad I would use it on me...