Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-12-20

held with Mr.. H. L. Taylor and John
L. Mckinney, it is inferred that their
designations were rendered and accepted,
although no definite information was obtain
tble.
A committee of representative producers
from the middle and lower oil fields were
also here in close conference with the MEM
bers of the Executive Committee of the
P. P. A. 1t was learned that the situation
was thoroughly discussed and found not to
be as bad as had been generally represented,
and all interested state that the meetings
were entirely harmonious and satisfactory.
The Local Producers.
The producers to-day wore happy smile,
which was in strange contrast to their detected
spirits manifested in every lineament of their
countenances for the past two months. This
innovation was brought about by an advance of
cents on the market an unlooked-for event.
1t was great surprise to the trade in general,
but the general opinion is that the appreciation
is only temporary. One prominent producer
said to THE DISPATCH representative: There
is no use talking the move on the market to-day
may be solely attributed to the meeting of the
Executive Board of the P. P. A, and the conf
mittee OF the independent producers at Brad
ford, Pa. 1t may seem strange to say that such
gigantic concern as the Standard OIL Com
pany becomes sensitive to a movement of this
KIM ana changes lCS LacLlcS, DuC nevertheless
it is true. The advance to-day in the market is
in my opinion due TO this meeting, and
want to say right here that THE DIS
PATCH is not only doing a noble
work, but in great measure is responsible
for the exhibition of the independent spirit"
Another old-time producer said that the only
reason he could give for the rise in the market
was that MIR. Rockefeller was seized with
generous impulse and went out making Christ
mas gifts, and, among his humble subjects of
charity, did not forget the producer" In oil
,roIAs 1,aa Ii.
manifested to-day in the meeting at Bradford.
Producers are looking forward to the
result with more than ordinary interest,
while the consensus of opinion of the producers
is to the effect that the advance is made be-
cause of the Independent movement and that
they should not let up in their efforts or be de-
luded by this little stroke of policy of the
Standard.
Nothing Unusual There.
Observation-Disclosures in the Mansfield
pool are keeping the even tenor of their way.
Mellon & Galley commenced drilling their No. ?
the Palmer, are down 1900 feet in their
No. l, which will be due in about ten days.
Their No. 2 Palmer has reached the depth of
800 feet. The same company are making slow
progress In cleaning out the old James Riddle
well, and it viii be some time before the well
will be completed. They will start to drill on
Monday the No. Dcugnerty while they have
reached the depth of 500 feet in their Tiddball
well. When this company finishes the work
now on hand they will suspend further opera
tions until oil reaches the dollar mark.
Eject of the Snow.
WILDwooD-Owing to the heavy snow pre-
vaiing in this field. news is very meager
Griffiths and the Forest Oil Company's No. T.
on the Smith farm, came in this morning and at
this writing is doing nine inches per hour.
This well is located 800 feet west of the Smith
Oil Companys well, which is still doing nine
inches per hour. Finnegan, Downing q Co.
have got the casing tight in their Wallace
heirs well, and drilling is again resumed
Griffiths and the Forest Oil Compsny's White
sell well No. 2, which was agitated last Satur-
day, is still doing 55 barrels per hour.
A Marked Improvements
CALLERY-Guckert & Co.'s well on the Da-
wilson farm has been shot with 100 quarts of
glycerine, which has apparently made marked
improvement in its production. The Irwin
well has declined in production which indicates
that the territory does not possess frst-claas
staying qualities. There are i've or six more
new ventures under way In the immediate To-
cality but it will be some time before the oil
bearing rock is reached
Two Fair Producers.
PETERsvILLE - At Petersville. Guckert &
Steele have finished cleaning out No. Hum
phrey and No. 4 Duncan and got them tubed
to-day. They are both looking for fair produc-
ers. Their gusher struck some time ago in
this pool has declined to $50 barrels per day.
Heavy Oil.
FRANKLIN-The situation in the heavy oil
district is all that could be asked for. The lu-
bricant is in good demand at 50 IS at the wells
for the old district oil. OF a recent date No.
and No. front districts have been thrown to-
gether, and the price has been established at
81 go. The stock of this grade of oil has
been reduced to low figure, and it is
apprehended that the time is not far distant
when the production will not meet the de-
mand. Black Bros. of Titusville, have been
very successful in this field. They have only
been engaged in the heavy oil business q few
months, but during this short period have real
ized on sale of their investments $50 900 clear.
This same property is now being negotiated for
with third party for the enormous sum of
Sl0o, 600, and perhaps by the time this report is
in print the bargain will be oonsummated.
Black Bros. are drilling two wells on the Burk-
hart farm, and Heald & Hopkins are drilling
No. on the Whitman farm and one on the
Kunkle farm. The latter company's last well
on the Runkle, three weeks old, is still doing IL
barrels natural. The Standard are also drill
ing on the Smith farm, while Sheasley &
Grant are pushing operations on the Carter
farm with considerable vim.