Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-12-21
STILL ANOTHER DROP.
Oil Takes a Further Tumble Of Five
Cents a BARREL.
The Operators Have Nothing to Say
and Feel Their Inability to Do Any
thing About 1.-THE Coming In OF
the Riggle Well Has Stirred Up
the LeaSers.
Special to the Register.

DpGOldl W luc hcSlolOl'
Sistersville, w. Va, December ~
There was but one sensational thing IN
oil circles to-day, and that was the de-
cline in price. The market opened ap-
parently firm at yesterdays closing
figures, S1.47, and remained at that
price until about l o'clock, when re-
duction of five cents was announced ana
the selling price of oil was down TO
SLAP. Comment on the action OF the
market is superfluOus. 1t is case OF
tbs operator saying to the Standard,
> ny will be done
The finding of oil in the Riggle well
No. brought in the oil people VINO are
always on the lookout for something
new, and they proceeded at once TO
lease up all the land not already under
lease in the neighborhood, for which
good large bonuses have been paid and
large monthly rentals are to be and
will be paid.
The Riggle well No. was drilled in
last week by the Mountain State Gas
Company, and instead of getting gas
got a good showing of oil in the Big
lnjun sand. What the we'll will make
is only to be guessed AT, but the indi-
cations are that the South Penn and
Victor companies have their represen-
tatives in here leasing up all the land
they can get at figures they deem rea-
sonable. For the fourteen acres be-
longing to B. Swan, and lying adjoining
the Riggle land, $500 cash bonus was
paid and $40 a month rental. l.. L.
Stealey leased 40 acres on the Middle
bourne side of the creek and just be-
low the pike, for $3.50 cash and a month
ly rental of $40. Wilburn McHenry
leased six acres for 500 cash and SO
month. Jim King leased 40 acres about
half mile north of the Riggle well for
$500 cash and a monthly rental, and
John King leased about 60 acres three
quarters of a mile northeast of the Rig
gle well for $125 cash and S25 per
month. Mrs. Maloy leased part of her
farm for $3.50 and $25 per month. Miss
Mary Stealey leased 40 acres for $500
cash and S25 month rental, and Mrs.
A. H. McGinnis leased so acres for $500
and a good rental. R. E. Billingsley
AN"SSu wv lOlo lOl 2J POI ulOnIus anu
William Debolt leased his lots for SIS
cash and rental.
ROUND ABOUT PARKERSBURG.
Special to the Register.
Parkersburg, w. Va, December 90
The Bisantz well on the Sharp farm
came in last night and is reported fair
producer.
The Johnson Oh Company's well in
the Waverly field on the Johnson farm,
will be in the Cow Run sand Monday.
A we'll drilled last year on the Lisk
farm, at Valley Mills by company of
ParkerSburgerS, and which was aban-
doned, is now standing full of oil, and
the farm will be given more thorough
test by a company of Wheeling oper-
ators. The territory is some distance
ahead of developments, however.
Oil City, Pa, December 20.-Credit
balances pennsylvania crude): Opened,
$147; closed, $14O. Certificates. Jan
uary delivery: Opened, S1.9S; highest.
$199; lowest, 1929; closed, $1.3O. Sales,
1900 barrels; clearances. $4,000: ship
ments, $1,000 barrels; runs, 92,OO4 bar
rels.
New York, December 2O.-Petroleum
weaker, $1.31 bid.