The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-05-14

List Of New Wells Recently Struck
Prices Fall.

Prices Fall.
Special to the Indianapolis Journal.
MONTPELIER, Ind May 13.-The re-
ports Of the runs and shipments of the crude
product in the Indiana and Ohio oil field for
the month of April were not very encourag-
ing for the maintenance of the price of the
product, as the runs have been increasing
1859 barrels day, while the shipments de-
clined 6S6 barrels daily. This represents that
a large amount of oil has been run into the
large iron storage tanks and is a surplus.
1t is evident that If the oil public wants a
better price for the fluid the drill will have
to be stopped to some extent and allow the
working off of some Of the oil now in the
storage tanks. The price of the Indiana
and South Lima product took another drop
OF cents on Monday, and the North Lima
oil was dropped the same amount.
Chester Oil Company completed well No. l.
on d. A. Williamson farm. Section 6. Chester
township. Wells county, and it is good for
15O barrels: Alexander & Carr's No. 5,
Tewksberry farm. Section SO. same town.
ship. 20 barrels; Ohio Oil Company's No. q
Shade farm, Section z, same township, 80
barrels; same company's No. 8. Huffman
farm, Section 2. Jackson township, same
county, 10 barrels same company's No. 3,
Huffman farm, Section ], same township,
& Atisinger's No. /, Crosby farm, Section
20, Chester township. same county, 20 bar
reis; William McMahon's No. 1. Section 80.
barrels: H. NJ MOTIFS No. /. Henderson
farm, Section 9. Harrison township, same
county. As barrels: Rowland-Ziegler oil
Company's No. 2. Twibell farm, Section 9,
same township, 80 barrels; Ohio OH Com
pany's No. 2, Palmer farm Section 5, Wash
ington township. 25 barrels: Boyd, TAFT &
Mornings No 2 McConkey farm, Section IL,
same township, 20 barrels: Utility Oil Com
pany's No. l, Chandler farm, Section 81,
For Way6s a dsy HAZE
kins farm, Section IS, same township, fair;
Akron OH Company's No: 4, Hoover farm.
Fort Wayne Gas Company. gas well on
Bennett farm. Section 16, same township:
Sun Oil Company's No. 4. Bradford farm,
Section Sc, Salimonie township, Huntington
county, dry hole; Bettman. Watson & Bern
heimer's No. l, Clampett farm, Section SO,
same township, salt water; Rushviile OH
Chester township, Wells county, 40 barrels;
j. G. Lineman & Co.'S No. 4, Abshire farm,
Section rs, same township. so barrels; James
Giles & Co.'S No. g.. Grissell farm, Section
%, Penn township, Jay county, 80 barrels:
Mcdonald, Brenneman Co., big water well;
Trentman farm, Section %. same township;
farm, Section II, same township: Locus Oil
Company. twenty-barrel well on B. +. Ninde
farm. Section Is, same township: u; 5; Kemp
Lupton farm, Section IL, Bear Creek town.
ship, Jay county; Smith, Green Bros. &
Co.'s No. 3, Cain farm, Section Is, same
township. 80 barrels: Northern Indiana Oil
Company's No. 2, Snyder farm. Section %.
Hartford township, Adams county, go bar
rels Radabaugh Bros. & Patterson's No. 3,
Hannah Miller farm, Section IS, Jackson
township, Jay county, 60 barrels: Griffin,
Liken & Henne's No. 1. Pontius farm, Sec
ton &C. Hartford township, Adams county,
30 barrels; c. d. Porter's No. g. Wilson
farm, Section %, same township, 20 barrels;
Northern Indiana Oil Company, dry hole on
Watson farm, Section a. same township;
same company has another buster on Stair
farm, Section IL. same township; same COM
pany's well on Gendenning farm, Penn
township, Jay county, failure; Knicker-
booker Oil Company's No. Z. Bair farm, Sec
ton 3, same township, 20 barrels.
Considerable excitement prevails at
Landesvile. hamlet few miles northeast
from Marion. A test we'll was put down by
Leasure, McKeloy & Co., and no sooner had
the sand been struck when oil was found,
only five feet in the sand. A late report is
that the well is flowing and showing for a
good producer. This venture widens the oil
belt considerable and will set the drill to
work in the new quarters. The farmers a
few miles east of Hartford City are feeling
very enthusiastic over the find of oil on the
Rife farm by the Standard Oil Company.
The well on the Father Mcmahon farm is
reported to be showing for a fair well.