El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-04-03

Industrial and
Commercial.
1000

r One of the best features in trade il
- Texas Is the absolute stagnation il
meats. A representative of one of the
u largest packing houses in the country
q remarked to a wholess'e merchant tina,
= he was selling very little meat in Tex
as. The jobber informed him that al
though every year since the foundation
e of the firm their general business had
g increased, never had they sold so little
\ meat as during the present season.
The reason for this is obvious. The
Texas farmer found that so long as his
smoke house was in the north he kept
: getting deeper in debt, because his
, only available cash product cotton
Kept on declining. The farmer at last
called that while he was unable to
raise the price of cotton he could do the
next best thing-raise hogs. This he
, has done. Year by year the Texas
planter has raised more hogs, and more
corn on which to feed them, with the
result that there are more hogs In Tex
as than ever before, while the number
continues to increase. The farmer also
raises molasses these days and cuts of
another expense, so that even with
cheap cotton he Is not so badly off after
all, and his condition is improving as
he yearly raises more home products
which he formerly bought,-Housto
Post.
It is stated at Waco that a plan has
| been submitted to every square-bale
cotton compress in the cotton states to
enter trust with a capital of S25, 0OO,-
600 for the purpose of controlling the
| business of COMPRISING cotton. The
compress men there have seen the pro-
posal, but are not ready to talk about
it, as the terms in which the plan is
stated are not definite. It is known
that correspondence is going on be-
tween the promoters of the proposed
syndicate and the Texas cotton COM
press men. One compress man, doing
large business, remarked that owing
to the fact that several competing sys-
TENS OF COMPRISING are in existence
and doing business, the project of a
grand com bine will not be found to be
fesslble.-Dallas News,
The Southern Oil company and
Staley & Hslbert at Corsicana both
made good strikes last week almost at
the same time on the Barth tract Of
land. east of the city, on which both |
interests have leases. At depth of |
Ills feet no oil was struck or signs of |
oil and there was some uneasiness, the |
indications being that the first dry |
holes would be reported in this bo-
nanZa tract of oil land. On going |
down few feet further, however, the
oil sand was penetrated in both wells
and good flows of oil secured, the
estimated output being thirty barrels
per day. The strike in these wells
almost makes pay strike in the N. J.
Mills we'll a certainty.-Ex.
Hon. II, E. Prince, who represents
Navarro county in the legislature,
stated to the Express correspondent
that the oil field at Corsicana is being
rapidly developed. There are now
about three hundred wells and new
cnes are being put down each week.
The average daily output of oil of each
we'll is ten barrels, making the total
oil sells at 65 cents barrel. Ex-
Senator Roger Q. Mills has about thir-
ty wells on his farm near Corsicans.
from which he receives handsome
daily income.-San Antonio Express.
The 1000 foot artesian we'll at Pitts
burg, Tex, stands level with the top of
the ground with an excellent quality
Of water, and with q pump an in
exhaustible quantity is developed.
Parties we're here this week who Of
Tered to build a complete system of
them the we'll. The proposition has
not been accepted.-Dsllas News.
Stafford is soon to have one of the ,
mill in Arizona, now being built by j
L. Owens. The mill proper is three
stories in height The sales room. bin,
house and engine house will be con-
'tructed of brick also. The capacity
If the mill will be l25 barrels per day,
Ind it will be completed before April
,O.-Tucson Star.
Temple has at last, after months of
negotiations, secured flour mill. Mr.
Brake of Hy bud, Mo-, after a thorough
Investigation into the possibilities of I
his point, waived all claims to the
onus offered and contracted to erect q
nils of daily capacity of 200 barrels of -
our and 100 barrels of meal. =
Special to the Register:-A charter
'as granted at Austin to the South
'estern Oil company of Houston, with
capital stock of 100000; Haywood
lice Canal and Milling company of
atwood, Liberty county, with CAPT
II stock of $500, 900.
Mansfield Cotton Oil company was
gained last week: capital stock S25,
10 Judge Joseph Nugent, president;
)hn M. Elliott, vice-president; A. J.
ukes, J 81. Wright, J. 81. Harrison,
,hn M. Elliott and Pat Day, direc-
RS. :
The owners of the oil mill at Ennis
sSS ooOptco plduS lOr TcuOu cling dDQ -,
larging the capacity of the mill and N
lildings. The storage rooms are to
built higher and additional machine
put in.
Work will be begun next Monday on \
e extension of the Denton water. -
,rks system. The extension will con-
It of S12, 600 feet of additional mains
d will cost about $4,000.
At Lsnett, Ala, work is to be COM