The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-28
WELLS TO BE SpOUTED
fOr The Benefit Of The Visitors 10
Jennings Today.
THE TITLES HAVE BEEN STRENGTHENED
by the Compromise Of the New Suits
Tor Spindle Top Lands-A Big Com
pany Is Now Under Way.

- uVsire II 10 see the Jennings gusuCr
~ all Its glory MIR. Dewey Haywood has
arranged for the wen 10 be turned on TO.
nofrow for the benefit Of all those who dc.
site TO see 1t and those who notify Mt
heyWood tomorrow morning between trains
AFTER the arrival OF The Post will have ar.
rahgements made for them to see the wells
and Mr. Haywood will have hacks there
Tor them. The Jennings proposition has
| oeen freely discussed here for the past
week and the geueval idea is that 1t is
going TO open up stroug and that healthy
business will be the immediate result Of
the strike. They are In much better shape
already to handle oil than was Beaumont
Tor nearly six months after the Lucas well
) came in.
! The Missouri. Kansas and Texas oil com.
pany and the Beatty Oh company effected
a compromise this afternoon with the Trim
! BILE interests and also the Mundy interests
| by which their titles are entirely cleared
Of the pending litigation and these two
| companies at least seem to have cleared
/ up the last NeStigc Of cloud on their titles.
! me former company viii hold its annual
| meeting on June in the office OF the com.
! pany mere The settlement OF the case Will.
| OF course, be n gratifying report for the
| officials TO make to their stockholders on
tue above named date.
~
! The safety committee was to have met
! this afternoon at 4 or o'clock, but an
| other report had it that the meeting was
to take place on Friday evening az
| O'Clock, and the result was a lot Of con
| fusion. all Of which resulted in further
( posiponement Of the meeting TO Friday
! evening at 4 o'clock. at which time IT is
! hoped that every. man Interested TN the
| Beaumont oh fields and In Beaumont win
! he on hand. The object Of the meeting Is
/ 10 take steps TO stop the pumping of mud
| and water into the hill md thereby dam
| aging beyond any calculation the value OF
the field.
The Post few days since stated some
thing 10 the effect that cars are in good
, shape This was fact though some have
been inclined to think n famine was on.
| ANY legal rcausition will be honored In
| the required time. snd when this Is the
! condition the car situation can not be
| said to be bad. The lumber concerns aud
] the rice mills are all AZ times short IN
their acquisitions but the cars that are
| shy today usually show up tomorrow ~
the dav following, and that is the shape
| with the oil cars today. The service would
he facilitated with more, but the oil PEG
| pie are making good shipments and the
complaints are not general
~
George j. Common, the caller on the oil
exchange. has been in excellent humor all
day long. due to the fact that number
Of his friends presented him last night
| with one of the most beautiful and "N-
! peuslve watch charms that has yet been
/ worn in Beaumont. II was a so gold piece
| and made smooth and on one side was the
| tlEs head with a diamond on the anilerS'
on the reverse side Was an Eagle menu.
IN, al1Ii n orders
of which he is an enthusiastic member
The charm was given him purely through
friendship, but was made the occasion or
I n flow AZ wit and c0lucnce last night and
1t lasted well into the morning.
~
F. NJ. Yost, the official man OF the NJ,
X. and 7. oil company, the Beatty OIL
company. and one or two other concerns.
left tonight for his home TO spend a few
days.
The shipments Of oil Of the Palestine
Beaumont Oil and Development company
will easily run to $4,000 for the month.
This Is mentioned simply to show how
active are the railway shipments growing.
These people do not sell for export eN-
cent to other oil ompanulcs, but they do
cater largely to the interior trade.
~
briauette company is about ready for
Matching. This plant will make oil brick
for shipment in car lots all over the coun.
try. ii is said to be a most profitable in
dustry.
Among the new things that are in store
for Beaumont and which will undoubtedly
| be located before the summer is over, are
the following;
A big new refinery, a cotton seed oil mill,
a brick manufacturing company with CAPT
tal OF S25O,oo0, another light plant for pri
vate purposes. another rice mill and then
side lights of Importance, These VIII al
come chiefly through the fact That fne,
oil is cheaper at home than after paylS'
freight on il, and water Is free with a pros
pect of thirty feet Of 1t 10 the gulf.
Rid 5ia qssss d Se tRss'l'
A 100000 company is being organized
! for the purpose Of handling Texas anf
? Mexican lands It will be given out in ful
: some time between now and June TO-
E D. L. Cobb of Corslcana is here lookin,
r through the oil situation. lie VIII be more
2 than likely to remain permanently.
G ~
better feeling prevailed on the call TIL
= r,orrinr than has been the case for
d cornle Of weeks. The tone was better an
!, nrices are looking upward In manner ina
!, q In contrast with the usual effects OF no
summer weather. such as has been on her
I. for two days The transactions are as To-
= ! lows; -oon A.ros az NO
k and r. 5000 shares at Toe.
d Angle. 10000 shares at l4sc. 40.
a SHStInentaI National, 300 shares at lOC
n nirideud 5000 shares at sc,
Diyideud 1900 shares az S4c'
Cober. 1000 shares at 31sc.
u SILVER Dime $50 shares az lVc.
J. Success 5000 shares at nc.
Cold Eagle, 10, 100 shares at Joe.
Gponnd Floor. 40 shares at 81.
Resumont OH and Mineral, 0lOo snare
at &c.
n ouf o. b. Gladys; No. 1, 25e; oil No.
1sc.
4 REFINERY FOR DALLAS.
II Is TO Cost a Quarter OF Mio
Dollars.