Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-11-06
ELECTIONS AND OIL.
Politics Has IDterfered Somewhat
With Business Lately, but
TIE PRODUCERS ARE ALL HAPPY.
They Believe Pattison's Success Will be
to Their Advantage.
REPORTS FROM THE LEADING FIELDS

The oil business for the past few days
seems to have been subordinated to the
political issue which in a great measure in
volved the interests Of the producer and the
trade in general. In fact for the time it has
been lost sight OF, and when information
was sought of them concerning field news,
their answer was invariably, 81 don't know
anything, 1 have been largely engaged in
politics"
Yesterday the producers of all political
compilations wore a peaceful and happy
smile, and expressed themselves as in full ac-
cord with theverdicts OF the people. They feel
greatly encouraged over the election of Mr..
Pattison, and are confident that if legisla-
tive measures became necessary for their re-
lief they would not be Disseminated against
by the executive.
HOPES FOR THE FUTURE.
This victory, as they put it, together with
the general favorable situation, has inspired
them with new hope in the future. Field
indications are of the most hattering nature
and argue we'll for higher prices, which
should soon prevail, if undue influence is
not brought to bear upon the natural chan
mel of the trade.
Production is daily decreasing in every
pool of the southwest; operations are also
falling off, while the demand and consump-
tion is gradually increasing. The Wild
wood field presents no attractive feature ex-
cept on the southwest line. and from the
past history of other pools it is iair to pre-
sumo that the amount of available
territory in this locality is limited.
The Ringheiser we'll is holding up
oil OF
Messrs. Guffy & Queene tapped the
sand in their No. 1 30-acre Roleshouse
we'll, which has the ear-marks Of good pro-
ducer. The we'll is just on top the sand,
and has been flowing at the rate of ten bar
rels sn hour since struck.
Drilling has been suspended until tank
connections are made, and tomorrow the
drill will again be set in motion and the
caliber of the venture will soon be known.
To-day the same party put the last string OF
casing in their No. 2 Roleshouse, and have
spudded in No. 3, while No. rig is build
ing.
AN IMPORTANT WELL.
They are also drilling an important we'll
on the RungeY farm, located on 45o line
5000 feet southwest from their Roleshouse
we'll and 800 feet due west from Forest &
Griffith Ringheiser we'll. Gibson & Giles
have sold their half interest in the Wildwood
field to James Anon and Mckinney Bros.
it is reported for S165, 900. The sale was con-
frmed to-day. An impression has been
given many producers, by the erroneous pub
lication that the Wellsville we'll and the
Steubenville venture are one and the same.
This, however, is not the case, as the two
wells which have been merged into one
really exists.
The Wellsville we'll is located across the
river from this town in West Virginia, in
Hancock county, The we'll was turned in
the tank Saturday night and at Monday
noon had made Is inches in a $50 tank; it
has been tubed and is now pumping any
where from 10 to 20 barrels day. The
Steubenville we'll is located ten miles far
ther down the Ohio river in the Buckeye
State and about three northeast from Steuben-
vile. The well is perhaps good for ten bar
rels day.
The McCurdy well is reported as doing 26
barrels an hour to-day. At Montour Sill,
O'Dell & Co. will get the sand Saturday in
Magnus No. 2, while Galley Bros, on the
Burns farm, are drilling at !, 200 feet
Boyd s. Guckert gave wildcat well on
top the third sand on the Williamson farm
in the old Armstrong; Reno field. If this
venture should prove dry in this sand it will
be drilled to the fifth, which will be the first
well ever drilled to this horizon in this To-
cality. This location Is on 45o line rum
ming from the old Titley and Pontius pool.
H Nc