The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-20
] BAROMETER or BUSINESS.
nj lsdes 70 tie Conditions Of Trade
Generally.
YHr BAD WEATHER AFFECTS TRADE.
asals IN the Interior Are Almost
lnpwssable--Priccs Of staples
steady--Trade Notes.

Hous,on, wedncsday. january %.

Houston, Wednesday, January II.
Trade was by no means active today mn
sdvices from the interior were TO the cffcc
that roads were almost irrpaHsablc and tina
farmers could not get to town to do trading.
There wss decided slump in eggs. price
RoIng down to isc. which Is fall OF 80 pc
cont compared with week ngo. Receipt
wcre heavier which hnd been expected. ant
we're responsible for the broak,
There Is no change In the prices Of any o
sbe staples and prices remain steady with Z
tendency in meats toward an advance.
Rope for Texas Wells.
The Plttsburg Dispatch says: Carloads o.
cordagc for Texas oil wells viii be shipped
by Pittsburg Arms within the next few
weeks. The big oil fcd OF the Lone Star
state IL being rapidly developed by proDpcct-
ors. and already there are over 100 producing
wells in the territory. Thirty more arc now
drilling. and prcparatNns pre being made TO
tap cyer.i spot In the immense trnct Of OLE
producing land.
The OIL We'll supply company and National
Supply company both have representatives. In
the district and nave shipped large quantities
Of oil drilling con,iagc 10 tie rev della. Or
dcrJ that have not vet been filed ;iic ON tho
looks. and almost q complete trGin OF cars,
all OF which viii be londed with ropes Of
various sizes, win be stnrted from pittsbnfg
10 Texas within short time. Tic Water
bury Rope company has also booked iunry
orders nom Texas, and within the last few
months nearly two dozen cars have been
STARTED to tho new southern region.
Two years ago drilling Tor OIL BEGAN near
CGrsicrna, Texas, and 1t has heen lons than
ono year since there was only nno company
IN The field, with only three wells drilled.
The field Is Icss than SIX months old, nut
there have already been recorded over 800
loaacs which cover everything. from a single
lot liz Corslcnnn to large farms and tracts OF
ground IN the surrounding country, The
northern and southern limit Of the Held Is
ntcut one. and ohc-iiaIf miles wilde. The hold
runs southeast and northwest on n line OF
about IL degrees. oil is selling there at 50
cents pei barrel, and for fiel ii Is In larger
demand ian any other article.
Il II il from 1850 to 20DNttott to the oil bed,
AMI the oil strata are about % feet thick.
lha nature of the soil III said to be particti-
larly conducive to rapid drilling
N, nRy rolls Of the companies actively On
gagged In oil drilling amount 10 nearly $4,000
weekly. and the average cost OF completing
well is about $1,000.
shipments Via Port Arthur.
Tho announcement was made yesterday
TINT the first Liverpool bound steamer out
Of Port Arthur, the Drumelgcr, which will
sail early next week. viii carry ms part of
It's cargo n large consignment of meats for
49, 'SAtSb'ob tiAhi f't. - Ahbt tuiouSu tthtu
or the Kansas City, Pltisbure and Guli,
which lett Kansas City Wednesday, carried
ciehl cars filled with products from the Ar
mour Packing company's establishment. The
shipment included large quantity OF boxed
meats, besides canned meats aud lard Other
Kansas City packers viii probably contribute
to the DrumelHicrs cargo. This shipment of
aNTort merchandise 10 Liverpool is regarded
By Kansas City packers and merchants MS
ono OF the most important transportation
uovcs that has ever bccn made in the his
Tory OF Kansas Ctys commerce, 1T simply
gives us every advantage In tue way OF
transportation that Chicago row enjoys"
said the traffic manager Of ono OF the largest
'onecrns In TINT city to a reporter for the
KANSAS City star. "and II To an advantage
which am sure we will be able to hold,
'inea Port Arthur and the gulf ports are now
,tsy OF access to tho West and Southwest
witch is the greatest producing community
IN eatth. Tho representative az n packint. |
'oul any said that without doubt the shin
nent OF meats for export 10 Europe from
,ort Arthur would mean much TO Kansas |
ivy trade for the reason that tho ahorter !
III raE haul TO the senboard the better IL |
vas Tor the packer. The packing house prod |
icis he said, required careful handling. aud
{ the sbipmoDts from Port Arthur are made
WIN natisiAction TO the trade. then that mort |
WI handle large coiisignments OF foreign
business IN the future.