The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-01
The flost Eventful Since the Coming In of
the First of the Gushers.
EXTENT OF THE FIELD HAS BEEN PROVED.
Shipments Have Reached the Five Thousand-Car
Mark-Another Suit to Try Title to the Pelham
Humphreys League Is to Be Instituted.

Beaumont. Texas, April 3o.--Today closes
HE most notable month In oil circles, so far
this district lie concerned. Of any since
January and March. 1901. The first Of
these two. months brought the hidden
sealth Of Spindle Top to light, while the
tecond made 1t evident that the field was
{ OF confined to the hole In the ground made
BIZ the Lucas we'll for It was the mon h
b which the big Beatty we'll was brought
h which later started the boom when 1t
has sold for $1,25o,ooo.
This month is the most important since
then for the reason that the permanency
ef the Sour Lake and Saratoga fields on a
good paying basis has become evident and
fhe big oil companies of the country have
durlng this month secured rights of way
n those points for pipe lines. thereby max
BIG an initial move In the direction of gen
nine development at both these outlying
Haipts They are no wactively at work get
ling ready to do business with both Sour
lake and Saratoga
q Again is this month a notable one from
the fact that the oil shipments have passed
the J0O0-car mark. 1t is true that the re-
PORTS show that 1t only went above that
amount by one car, but that was sufficient
bud gives a basis for hoping that they VIII
continue in this proportion for an indefinite
period. The statistics as computed by the
Enterprise are given in another paragraph
4 Another thing for which the month has
n be given credit is the statement in an
authentic way for the first time of the In
tFntions of George A. Burt, the man who
n building the refinery In the south end
lntll this month he had consistently re-
fised to state what his intentions we're
bud how much he would invest. but when
sNyorn upon the stand in the court room the
y formation was dlvulged to The Post cor
fcspondent and the people of this city saw
fpr the first time that at least 10000 in
habtants were to be added by reason Of
bis coming here
Il Still another important development has
bcen the announcement that there will he
tl'rce more. pipe lines laid to Port Arthur
o. Sabine Pass. Two of these will he
Q T"ncd by Mr.. Burt, ana onc-a skin, h
llnc-will be used for the purpose Of car
Eing refined oil only. This will be the
frst pipe line in this country to carry any
bling but crude oil The other line is
tfat Of the Lone Star and Crescent Oil
company, which is simply doubling up
OF the capacity Of that company on account
~ a big increase in the trade which was
not contemplated by them at such an early
date.
Another blatirrs,f io|liHlo Importance is
the advance in the price of oil. For the
hSt four or six months cents per barr
HAS been a common price for oil at tie
Nell. This was changed ten DAYS succ.
1hcn 4 cents was the price asked and now
d number of companies ure refusing to sell
al anything less than % ceats pc" barrel,
y nile there arc but few willing to sacrifice
thelr product for as little as cents.
In point of number of wells brought in
during the month there is not much to say.
The month will stand well out in the front
Is to the number brought in, but the pub,
No generally-of Beaumont at least has
iong since ceased TO show an interest in
tle bringing in of new we'll, anl so long
as each new one is chronicled the IS
nothing in a general way to he said
81 The tankage during the month has hccn
gcrcased slightly over l,muOUO barrels,
PIE largest reservoir to be filled during jbe
nonth being that of senator Lockwood,
NhicE took $4,000 barrels about ten
dlys since. The total tankagc now IN thc
h'ld Will be somewhere around 1000 500
Nrrols or better, something under 5000. 600.
1he large companies are not inclined To
E'e ont their exact tapkage To the press.
blt It can he anproSimatcd. All OF the
a1ove tanks are full OF oil today. This tank
ate Is considered as being anywhere in the
cfuntry and is based upon the holdings
o the companies and not its location
"a ~
81 When the oil exchange and board Of trade
cosed business for the month this after
Noon the officials found that the total mum
Der Of shares sold for the month of April
Mas 2,179, 405 shares as against 1876, 53J
Shares for the month of April. a number
lof the brokers thought that as the summer
months approached and the hoi weather
began the sales would fall off very mater
% iy, but such has not been tho case Caller
common and Secretary Childrcss are
elated over the showing and are getting
ffady to report the fourishinG condition o,
ne exchange to the annual meeting which
crmes with May. This will wind up n
Wars business for them and 1t has been
e successful one from the start
~
THE Peden Iron and Steel company
Of Houston, through it's representatives
Messrs. ], w. Sullivan and L. V Elder, has
jpst closed up with Myrlck Brothers an
ofder for $4,000 squares Of roofing to be
uNtu on the Burt fenHerf. IT VIII REQUIRE
tFo hundred cars to handle all the roofing
material in the bill. and Is the largest
rcofing contract ever let In the United
mates so far as they have been able Il
mo recorded. Seventy-hve cars of this ma
trlal are TO come from points in the East
while the remaining part of IT. comes from
ppints nearer by. This is but one Of the
many record breaking acts of Mr., Burt 10
he building Of his big plant here.
~
Contractor T. ]. Woods brought in good
Hx-inch we'll this morning on block 3s Of
the Hogg-Swayne tract. He is acting as
tustee In the ownership and refuses 70
4pve out the names Of the real owners.
~
b Cnnrt Insnactnr nm and his nennle in