The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-08-03
PIPE Line FROM JENNINGS
Louisiana Oil TO Be Brought 10 Beau
mont TO Be Refined.
SARATOGA OIL is MOST REMARKABLE
Tests Disclosed Almost an Utter Absence
OF Explosive Quaities--The Advance
in the Price OF Oil.

oehuluVut, lt&ds, august <.-SaDIdiu W.
c. Tyrreu stated this morning that he ex-
pected there would be built from Jennings
La, to Beaumont pipe line for the pur-
pose Of getting the Jennings crude oil to the
Beaumont refneries. He gave as a reason
that the Jennings field had but one road
upon which to depend, and It would never
do to erect re1neres under those condi-
lions. He said, on the other hand, that
Beaumont has four railroads and deep
water. and can dispose OF the refined prod
uct TO greater advantage. Captain Tyrrell
is the principal stakeholder liz the big Hey
wood company and Ia perhaps better posted
Gu the situation than anyone else In Jen
nlngs. He docs not think 1t will be very
long before the deal Is put through. though
be, OF course, wants TO see the rehneries IN
operation here before be himself would
take active steps.
A peculiar thing came up few days
dnce demonstrating beyond any question
the value Of Saratoga oil. Mr.. HIrschAeld,
who has property at Saratoga, took a bot
tie Of oil to Mr.. Robert Steiner, the well.
known chemist here, and asked him to au-
alyze the Saratoga oil for him. Mr.. steiner
was perfectly willing to accommodate his
friends and took the bottle. He tried it
hrst at a flash test of ITO, and there twas
nothing doing" then he ran 1t up to 1853
degrees, and stll there WAS no sign Of the
fash Mr.. Steiner made few other tests
bearing on the ingredients and came to tho
conclusion at once that Mr.. Hirschheld had
been worked and that a practical Joke was
being played on the owner OF Saratoga oil
lands. He could find nothing IN the oil
that would indicate the illuminant qualities
that are so strong n. other oil In this sec
ton He says that II the oil 10 that bottle
was true sample It Is of great value, far
ahead Of anything else in this country but
he wants TO 90 to Saratoga and get some
OF 1t himself before he will Issue a GER
tihcate ON 1t II was peculiar thing, but
Mr., Hlrschhed Is sure that no doctorlng
was worked on him.
~
Tho Drummers' oil company walking
beam will be ready 10 bring out the oil By
| August 49,
The oil people here do not agree with the
statement made by Superintendent Hart.
man and Vice President Kruttschnitt, as
| published ia this mornings Post. They
claim here that the ear situation is In very
bad shape and has been ever since the
ttrike. They say that Inc total rail snip.
ments from the held over all railroads have
not been running more than 100 cars per
duy, aud they are pretty nearly correct.
| The situation should improve within the
next few days, bus that 1t Is at al salts
factory now 'e not conceded by the oil men,
who want TO do the shipping and can not.
~
The OH Investors journal Is out today
with an article that would seem TO confirm
the statements that have been made IL
The Post during the last week or SO rela
tive 10 prices The following is what they
have TO say Opinions OF producers anC
consumers agree that there Is less oil II
|
sixty days ago Several reasons are givel
to account for this condition, Probahl.
the best one is that the sudden transition
OF the 6eld from a lowing to pumping
) proposition found many Of the active com
, pdnies unprepared aud without equipmen
? lowed that the oil already In storage h0,
TO be used to supply current contracts AN
II is easy TO understand, under these cir
eumstances, why there has been decreas
In the amount of Beaumont oil In storage.
THE price Of oil naturally is regulate
by the supply ard therefore is on the rise
The predictions as TO 40 and 6ocent oil
? made in these columns some weeks age
seems ia a fair way To be fulfilled. Tn
l. oil Investors journal knows It 10 be
. fact that one OF the large purchasing CON
L panies which formerly had no difficulty 1
making contracts for oil at CENTS q barre
r az the well with companies not in shape I
. handle their own product, and therefor
l practically at tho mercy OF even such
q cnehp puycI, IL now oHerinB Az cents u pai
n rel for oil at the wells.
u at Is to be doubted II any responsible
Beaumont company viii at this time entc
+ into n contract Of even six months duratio
n TO supply oil on the cars at 80 cents"
a ~
n The Sunny South on company yssterds
let the contract to Allen B Co. for tn
10 drilling OF another we'll in the yellow Pin
guaranteed district of Spindle Top.
Tue following zero the transactions o
the OH exchange today;
: Gold Bagle. $500 SHARES al 1oe.
u Buffalo. 12So shares at 4S4c.
!; Dividend, 1900 shares at To-