Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-11-12
MARKET GOING HIGHER.
Oil is Gradually Going Up Along the
Line
And 1t Is Possible Though Not
Probable That 1t Will GO Above
50 Again Will Stimulate Opera
tons to a Great Extent.

50 Again Will Stimulate Opera
tons to a Great Extent.
The oil market went up again yester-
day for the third time in ten days, and
as consequence all the operators are
looking happy and the chances are
that a great many of them will pull
their credit balances with the expecta-
ton that the prices will go still higher.
The market for credit balances open
ed at the Offices of the purchasing agen-
cies yesterday morning at $IS9, and re-
NAMED at that figure until noon, when
it took another five cent jump, the same
as it did week ago and went to Sl3S,
at which figure it closed.
This advance in price will again put
the operators on the qui viye and there
is no doubt but that operators will be
greatly stimulated.
Moses & Wilson have a fishing job at
their No 4, on the f. Theile farm on
top of the sand
The McCalmont Oil Company are drill
ling at 1,200 feet at their No. 10, on the
Frame lease, across the river.
Saturday night Ramey, Mccoy &
| Company got another well on their
Weigle lease over in the Deist pool.
The Victor Oil Company is doing
considerable work out in the Keener
pool on Middle Island now. At the
present time they have two wells drill"
ing on the NJ. & j. ROckwell-Nos. 3
and 8. both of which are over 1,2OO feet
deep, and if they have no bad luck,
these wells should be due in about a
week. This company has the rig up
for their No. 8 Kearns and also for their
No. Z Rockwell and will commence
drilling in a short time Their No. 2
Kearns, drilled in a short time ago, is
reported to be making about 90 bar
rels a day.
The Oxford Oil Company have the
rigs up for their Nos. and 5 l.. NJ.
Thomas and will commence spudding
i'm a couple of days
+. z. Hays &CO., have bad fishing
job at their No. A. & J. Mckay at 200
feet.
Connolly Bros. test we'll on the Cor
rel farm out in this section is drilling
at 800 feet
The Oxford Oil COmpany's No. l..
NJ. Thomas is down 900 feet and getting
along nicely.
D Garman No. 6, F. P. Hays & Co.,
is drilling at about / 400 feet and should
reach the sand the latter part of the
week. This we'll is on the thirty-acre
I lease.
IT. Jones & Co. have a fishing job
at their we'll on the Minerva Mckay
farm at 1850 feet, just on top Of the
pay.
The Union Oil Company's No. 9, on
the NJ. Holmes farm, is drilling at 700
| feet
The Victor Oil Company have the
rigs up for their Nos. 8 and 4, on the J.
Garman lease. and viii commence spud-
ding In a couple of days.
+. p. Hays & Co.. s No. 3, on the D.
Garman thirty-acre lease, is on top of
the sand and viii likely get in to-day
CT tonight.
Theo. Barnsdall has a rig up for his
No. 1 Thomas Mckay, and expects to
commence spudling in a couple of days.
The Henry Oil Company has the rig
ND for their No. 46, on the Stewart
farm. across the river, and will COM
mence drilling the latter part of the
week
The Deep Run Oil Company have a
bad fishing job at their No. 6, on The
Stacey farm at depth of 1000 feet.
The Talisman Oil Company's No l
J. c. Parker is drilling on top of the
sand. and should be in tonight.
$ age d Co.'S No. /, on the Hitch
| Geek farm. is drilling at about $50 feet.
The Henry OIL Company's No. Z
Bradfed. is drilling AZ 400 feet, and
No. Z Hoffman at 1900 feet.
Forst e Co. $ No. s, on the 2. Thiele,
! is drilling at / 100 feet
Forst &, Co.'S No 4, on the 2. Theile
farm. drilled in the latter part of the
week. is a very small producer and will
not be good for more than 10 barrels
day.
Moses & Wilson have the rigs Up for
| their Nos. and Z, on the T. Theile
/ farm. and will commence drilling in
couple of days
b. Forst & Co.'S Nos. ; and 6. on the
2. Theile farm. are both drilling at
700 feet and are due tomorrow or
| Wednesday.
The Deep Run Oil Company have the
rig up for their No 5, on the Stacy
lease. and will commence drilling the
| latter part of the week.
The Carter Oil Company hos fish
/ ing job at their No. SO T. r. Wells
( Moses & Wilson have the rig up for
/ their Nos. and 7 T. Theile, and Will
| begin spudding the last Of the week.
The Kanawha OIL Company have a
| fishing Job at their No. 2. on the A.
| Smith farm A bit was lost Saturday
night and there is no telling now when
/ the well will come in. This is the well
reported in the latter part Of the week.
| Special to the Register.
Parkersburg. W va, November IL
/ The Murphy Oil COmpany's well on me
I