The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-01
Property on Spindletop Hill, Near
Beaumont, Scld for Over
100000 an Acre.
ACCIDENT At KELLY WELL.
Pipe TO Which Drill Was Attached
Twisted OFF ut Great
Depth-Port Ar
thurs Boom.

REPrBIIC SPECIAL.
Beaumont. Tex. May 3I.-Detaiis OF the
safe OF portion of the fifteen-acre tract
on Spindletop Hill. acquired by Ex-Governor
Hogg. W. T. Campbell and others. compos-
ing the Swayne syndicate. were made pub
lie to-day. ID. X. Beatty negotiated the pur-
chase for the various persons and companies
interested in the deal. Among the COM
panies which obtained land on Gusher Hill
by this transaction are the Manhattan
Drillers, Paragon. Citizens Consolidated
and NJ. X & T. The consideration was sao.-
90. TO be paid in cash.
James W. Swayne said this evening that
ne and his associates in the Swayne syn
dicate had sold a Quarter-acre lot at the
highest figure ever paid for this amount Of
land since the oil excitement began. Ac-
cording to Mr.. Swayne the price was S25.
$40. and the purchaser the Alamo Oil Com
pany.
This Afternoon. when the drillers pulled
the finch pipe from the Kelly we'll. pre-
parato-y 10 bailing it for traces of oil. they
discovered that the pipe had been twisted
on at a depth of more than Loo feet. This
leaves the well practically in the same con-
dition the Smith AMI Spindletop wells
and makes further progress problematical-
II it is possible to recover the seven lengths
of pipe and the bit which remain at the
bottom. boring can be resumed. On the
other hand. IL the detached tubing be-
comes set, owing 20 the pressure of the sani.
and defies the efforts of the drillers to re-
move il. the we'll viii have 10 be abandoned.
President Moss said that everything pos
sible would be done 10 remedy the diff
Guilty. No attempt was MADE to bale the
well The bit is said 10 be 1850 feet down
and some are inclined To believe that 1t is
even farther
QuIcksand In the Pipe.
Crowds visited the Gooer we'll to-day.
Efforts 10 bale i, We're thwarted. 50 Doctor
Gober. one of the owners said. by the
presence of quicksand i'm the pipe. Doctor
Gober declared that the drill WAS In rock.
No one not Interested in the company was
allowed TO approach the we'll. and. as a
result. the curious thrOng had to content it.
2oS feet from the derrick. Nc drilling was
done to-day.
Work ON the National company's pipe line
Is being rushed. The lire has been COM
pleted more than half way To the Kansas
City Southern tracks. IL is understood that
the objective point Is Port Arthur. 1t was
compete with the Port asian export sta
tion for Beaumont crude oil. Now that
President Pierce of the Waters Pierce Oll
Company has announced that his company
will build its plant at Port Arthur. atfen-
tton has been distracted from Sabine. and
the general inclination seems to be toward
the Port.
Tide water outlet for Texas crude petro-
leum and cottonseed oil will have rapid
and healthy growth from this time on.
Telegrams Were received in Beaumont to-
day from President s. X. Knott Of the
Kansas city Southern Railroad. declaring
as untrue the story sent out from this city
Wednesday night to the effect that his COM
pany had contracted with the Waters
Pierce Oil Company for Beaumont oil at 20
cents barrel. to be used as fuel on its
locomotives. Mr.. Knott insists that his
company has made no contracts for fuel
oil. II Is not denied. however. that il is the
intention of his company TO use Beaumont
oil locomotive fuel.
MissOurfana Want q Gusher
A syndicate Of Pleasant HILL Mo- capi-
talists has opened negotiations with Gov
ernor Hogg and his associates with a view
OF securing an acre of land on Spindletop
HILL According to j. W. Swayne the Mis-
Offer to pay $l6o.c0 for the proper
ty with a gusher on il. w. Il. Sharp has
guaranteed a gusher IN tho acre for So
is". Cash and Luckel are representing the
Pleasant Hill people.
II is announced by the secretary OF the
Texas and Pacific Company that the COM
pany's well I'm the Iowa colony. north of
the gusher. is down 100 feet aud that the
nrillers having fulfilled their contract to
bore to this depth. have quit work tenn
porarily. A movement is on foot to obt in
the corporation Of all companies holding
land in the colony to sink the well as far
as pracfica hle - ~ -N~