Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-09
STILL ANOTHER DUSTER.


oakdale-sistersviIle Boomers Are Busy.
News from the field yesterday was very
meager and not the least bearish in charac-
ter In yesterdays report an error was
made in crediting No 2, Freeman, of Malar-
key 8 Co., with % barrels an hour. 1t was
true their No. was through the sand
and shot, but is very small. Their No
was also shot, and it was this we'll
that had its production increased
to % barrels an hour. However,
it has dropped down to 20 barrels
an hour and it is quite likely it will lose its
position in the list. The west and
southwest sides of the Meise pools are
proving very deceptive. The recent de-
velopments in this part of the field would
lead to the opinion that those who had faith
in the part of the pool will be as heavy losers
as they who placed their mony on the fifth
sand Fife pool to the west
The Forest OIL Company's No. McEwen
was 20 feet in the sand yesterday. but was
not showing any oil. They still have some
tom, but the chances for finding anything
are not f1attering. Their No. l on the same
farm will get the sand tonight 1t is located
and should make well Of some size. Their
No. 5 on the e. Wright has been drilled
through the fifth and will not be good for
more than 25 barrels day.
Oil in the Fourth Sand.
The Lockhart Iron & Steel Company have
drilled their we'll on the Mccoy farm, in
northeast McCurdy, near Flemine's Park,
into the fourth sand, and it is reported max
ing so barrels day from that formation.
This showing leads to the opinion that a
fourth-sand pool will be opened in this part
of the field. In this same quarter there are
several wells drilling that will practically
Company's No l. on the Peet, wifi get the
fourth sand next week. The Cole we'll is in
the 100-foot, and has strong flow of saliva
The Devonian Oil Company's No. !, on the
Kelso farm, is in the 1O0-foot, and, with no
bad luck, will get the fifth next week. This
location is west of the real estate property
in the McCurdy end of the field. This oorfi-
pany shot its well on the jackson farm. near
Burkettstown, but its production is an un-
known quantity. It will not make but
small we'll at best. They are down 800 feet
with their No. Moorehead. They are start
ing nothing new at present.
Quiet at sistersvi1le.
There was nothing of importance reported
from the sistersville field yesterday. It
seems the caliber of the johnson, DEUEL. &
Fergus we'll on the Moore farm to the
southwest mas been entirely speculation.
The we'll has not produced any oil yet and
when the report was given out that 1t would
showing at the we'll as compared with others
in the field that have been tested.
All Boomers.
If there should be failure to boom the
Sisterville field out Of proportion to what
the actual facts will warrant It will not be
the fault of those who have territory in the
field Their efforts are untfring to magnify
the production of q we'll that will show the
loo ct nj
A telegram from Mcdonald says: The
Forest Oil Company's No. is through the
sand and dry.
Gauges Of Mcdonald.
The gauges of the big wells yesterday
were as follows:
Lynch & Co.'S No. J. Meise, 20; Oakdale
Oil Company's No. ., Morgan, s5; Florence
Oil Company's No. 8, Robb, 30; Freeman No.
/, Malarkey. & Co.. 20; FOrst & Green
lees No Mc%urray, .SS arny,.s;o, 70 s.,,
10000 barrels, and the stock in the field 55.-
The runs of the National Transit Company
on the 9th were 3,364.1 and the shipments
1880 ls barrels. The runs from Mcdonald
were 1885, 70 barrels. outside of Mcdonald,
s45a24; total. 2s,7ss& Buckeye pipe line.
ments, 25O.O0. Eureka line. shipments, 9, 1856 81;
runs, $3.50. IA; shipments, 2.293.60.
Lima division, Al Al. O6: shipments, So, ,5lLs3;
southern ripe Line company, shipments,
15,S SS9 SO: New York Transit Company, ship
ments, q, 17246, Tidewater runs, 3,sl6.T9: to-
tai, 1,957.46; average, 2,796.49. Shipments on
the 7th, none; total, 25,s04.A; average, g.
6S6.35.
Yesterdays Market Features.
There were no sales and no fluctuations.
The market hung at 50, all through for the
third day in succession. The only change
in the European markets was drop Of u
at London.
OIL CITY, July s.-National Transit certifi-
Gates opened at 53c; highest, 53c; lowest
523<c; closed 5276c ales, TO- 900 barrels; clear.
ances lis 900 barrels shipments, 81, ,5Ss barrels,
runs, 81, 800 barrels.
NEW YORK, July s.-The petroleum market
opened steady, declined Nc and closed
steady. Pennsylvania oil spot sales none.
August option sales 5000 barrels; opening,
527Sc; highest, 52Tc: lowest, 52lc; closing,
52Ac Lima oil, no sales. Total sales, 5000
barrels.
CLEVELAND, July s-Petroleum quiet; s. w.
110o, &C; 74o gasoline, 36c; gasoline, &c; $50
gasoline, lOc; $50 naphtha, 6Mc.