The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-12-22
GASOLINE IS BEING MADE
From Beaumont Oil at the Guffey Re,
finery at Port Arthur.
A NEW REFINERY Is TO BE BUILT
BY the GermsnvAmerioan Company.
Stockholders Of the Central Asphalt
Company in the City.

Beaumont, Texas, December 2l-The Port
Arthur refinery OF the j. NJ GuTey Pc
troleum company Is making gasoline from
Beaumont oil that Is said TO be equal In
every way to the gasoline had la the mar
ket, and It is contendcd by some that the
gasoline made by the Guney company is the
| better OF the two. MIR. A. Tomllnson, Vice
president of the Simmons Hardware Co
of this city brought samples OF the gaso-
| line back with him from Port Arthur. He
is enthusiastic over the value OF the prod
uct, having seen II used In gasoline en-
CINE, where It gave entire satisfaction.
| The work OF the refinery at Port Arthur
IS fast refutlns the statement of "oil chem.
lists" that the oil could not be renned at
profit.
At a meeting of the directors OF the Ger
mnn-American OIL company, held this morn
ing, It was decided that the company will
increase Its capital stock to S2,0ooVoO. This
will give the company practically 100000
shares In the treasury. aud from the sale
| Of this stock 1t Is proposed TO construct
| Two rehneries. The company has three
gushers here and nine wells in the Corsi-
| cana field.
number of the officers and stockhold-
ers Of the Central Asphalt and Refining
company, with several invited guests, Wis
tied the scene OF that compauys operations
! today. The work OF installing the immense
| plant Is now fairly under way. Brick ~
| being made, ground Is being eNcayated aud
machinery is being unioaded from the
| cars.
| Mr.. Cumer, the inventor Of the process
| 10 be used IN the making OF asphaltum
| from crude petroleum, has charge Of the
] ELstNN cd Hh4 FsHlfA al
| blue prints and gave them an outline OF
! the extent Of the plant wharf Is be-
/ Ing CONSTRUCTED and everything is being
put in readiness for the starting of the
/ big plant which ii is thought will be done
within three months.
| Ex-senator Charles A. rowne, president
| New York lie and Martin Howard OF
! Chicago, vice president and general man
| Ggor, and J. II. sullivan Of Memphis, Tenn,
were with the psr4'4A
A strong sixInch spouter was brought in
this afternoon on block 81. 1t was drilled
| by II L. Cox & Co. and Is the property Vt
| Colonel A. symes. James A Harrison, VII
! liam Bartlett and others. This makes l25
! gushcrs IN the field.
| ~
The Palestine Beaumont 0il company
started a representative to Chicago TO place
81 order Tor ,nfty additional tank cars.
| Every effort Will be made TO have the cars
| delivered as early as possible.
~
Tho Citizens Consolidated oil company
has sold 10 S. r, McNutt, trustee, one
sixteenth of an acre in block OF the NeatcA
survey, for the sum of $1,000. The same
| land was transferred by the trustee to the
ArksdelphiR Oll company.
| 49,
The following stoaks were sold todAy on
the Beaumont oil exchange:
Haywood shares at Slo6j
Higgins, 8 shares at $S3.
National oil and Pipe Line. 800 shares
| ut Doc.
Bunalo 1000 shares at Toe.
Drillers, 1000 shares at lOc.
Drillers 800 shares at 9sc.
Grace. 900 shares ut Zoe.
| Manhattan. 300 shares at TgMc.
Manhattan, 700 shares at 72Ac.
Manhattan. 1900 shares at l2Ae.
Manhattan, 80 shares az 73c.
Manhattan. 800 shares Mt Tie.