Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-12-07
Special TO the Register.

Special TO the Register.
Sisuersville, W. Va, December G.
The price of credit balances took an
other tumble to-day, and dropped to
$1.38. The general opinion now is that
the price VIII gradually go down until
it reaches the point at which it was
when it started up the last time. 1t is
generally conceded that the only reason
the price was raised was because the
Standard wanted TO squeeze some one,
and having made the squeeze they are
now putting the price OF oil down to
where it was. None of the operators
think that oil viii not go any lower
than that price, for the reason that The
Standard needs oil and oil at a lower
price than that mentioned is hardly
worth going after.
1t is reported that the Wells we'll, near
Hebron, is now flowing some oil. but
the report cannot be confirmed here.
The drillels are drilling the third well
on the A. Ankrom farm, near Bares-
vile, in this county, and with no bad
luck soon hope to reach the Big Injun
sand.
The well on the Jim Fox farm. on
Sancho, this county, is going down
nicely.
The Riggle well is expected to reach
the pay sand some time the coming
week. The 614-inch casing was put in
Wednesday.
The 2. NJ. Furbee well has been con-
nected up with the tanks and made
eleven inches in "a hours. This makes
her good for about 80 barrels. 1t looks
ike McEllroy was going to get to be oil
territory yet.
Inc report Of the Eureka Pipe Line
Company for the "a hours ending this
morning at o'clock, as reported bv the
engineers at the Thistle pump station.
were 11,612 barrels.
Inc Shoestring Oil Company's No. 2
on the Hensel siX-acre lot, over in the
Delst section, will be due in the sand
some time Sunday.
crawford d Treat put the 6H casing
in their No on the Stewart farm over
IN that section to-day, and it should
reach the sand the early part of next
week.
Inc rig on the Archer farm. north of
town, is about completed. This is the
well to be drilled by Matson, SulIenger
& Co. 0'--o--7e4
No. 3 L. NJ. Thomas has come in and
is showing for fine producer.
In the Dog Skin region the work is
looking up some, the water has increas-
ed SO as to allow of work being pursued
and new wells are starting on every
hand. The Hensel No l. after being
variously stirred up, drilled deeper. etc
is now quoted az 60 barre,s. On the
other Hensel, between the Calebaugh
and Henderson, a good producer has
been found. At No 3 Calebaugh. two
strings OF tools and half a cable so in
tertered with further progress that the
rig has been moved and a new well
started. No. l Calebaugh holds right
up TO the mark and continues to do
about 100 barrels per day.
The well to be put down on the Fetty
place, and owned by Messrs. Haskins
Isham and Russell, will be started nm
Thursday or Friday next. The derrick
VIII be completed Monday. The pros
poets for the we'll are very bright in
deed, and gusher is ANTICIPATED Homes
for the wells success are strengthened
by the big producer struck Thursday
morning, which is very near the Fetty
place.
Oil City, Pa, December 6.-Sales. 49,
600 barrels; clearances, 1000 barrels.
shipments, 1855 barrels; runs. s.. 900
barrels. Oil opened at $1.3O: highest.
$1.S0; Lowest, $1.27; closed $1.3O bid.
New York, December 6.-Petroleum
weak; S131 bid