The weekly Iberian. (New Iberia, La.) 1894-1946, 1901-08-03
ANSE-LABUTTE D0INGS.

AnGe- La butte, 10 The labut'e-LC-
Dauols Co, IN the breaking of a
tube in the ground and other Sc
rlous break downs, has thrown the
operations of that Company back
several weeks. Three or four
weeks back we prophesied that OIL
would not be found for 40 or 60
days, and were laughed at, as every
one thought 25 to 80 days would
see "Gusher" brought IN, yet to
day it seems that we were correct.
We also stated III previous artl-
Gle on this subject that we expect
ed to see a good race between the
| LaButtt LeDanois Co. and the Pho
neer Oh Co. as to whom would
find oil first, and again we seem
not to have fallen far short of the
mark. The LaButte-LeDauols Co.
has been losing considerable time,
while on the other hand, the Pio-
neer OH Co. has been going right
along, and this morning depth of
433 feet was arrived at, and two
veins of oil have been struck;
the second vein which was struck
being only 7 feet deeper than the
first-29O and 2S7 feet respective
ly.
A few days since an arrangement
was concluded between Mr.. Hermo
gene Hebert of Anse- LaButte and
The Crowley and Lafayette Oh and
Mineral Co. and soma lumber fol
the derrick of the latter Company
is already on the ground of Mr..
Hebert, and so we may expect to
see the third competitor in the field
| in but short time and we are led to
understand that things pertaining
to "Gushers' will be expedited by
the latter company.
Business in this vicinity for thu
last week or so has much improved
In oil circles and real estate, due
no doubt, to the bright prospects
ahead. Many peop'e had been los
ing heart and saying that after all
the intense excitement of few
weeks ago was a .bubble', bu
this has disappeared and everybody
IS enthusiastic again. Things ar,
on a much surer foundation and o.
course when oil is struck every
thing will again be strung to ;
high pitch, and wo shall all have
greater experience, and shall b
t able to cope in an abler and NOR
business like way with the rus
! than when it struck us some week
. ago, when 1t was unexpected. Man
8 people, we understand, from wha
n we have ourselves heard, are disal
:. pointed that ell has not alread
d been found, and many Of those VIII
. spoke most confidently about the o
Q find but short time ago, now see1
:. to be quite discouraged and are say
ing that oil will not be found, bl
d to these optimlsts we say, New
% Despair, Rome was not built IN
o day, neither can oil be found
every boring, and every well is M
necessarily a "Gusher," therefor
as we are told that patience is
Virtue, 1t behooves US one aud 9
IN to be as virtuous as possible, cons
ST quently the more patience we haS
or the greater will be our virtue al
r, reward, aQuod erat denaonast''
&c d,m." The prospects for oil are n
ed less brlllian. than they were t.
months ago, IN fact they are bett'
because whereas two months a
no operations had not begun, to-ds
'd- on the other hand, both of the co
ar, panies in operation have struck
ne vlens at lesser depths than ever
go was found at Beaumont lt-st
lo' which tact, it is sclf-evlden,, pro
DIV that oil will be found at le
de depth than 1T the latter place, 2
ng the drilling being now 80 lar
1ot vanced, we, it is to be hoped, NJ
ily exert but just little more patler
aid and our desires will be fulfilled
u regard to "Gusher.' Let
len voice of Dependency be banisl
'ou from our midst, and let our me
Dor be. M Desperandasm."
ing valley of the Te;he.
our