The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-07-23
NEWS FROM OIL FIELDS
Machinery for Penman Factory Has
Been Shipped.
SOME POSSIBILITIES OF EAST TEXAS
p aspects in Naeoedoohes, San Angus
tine and Hardin countles-To
Clear Hill OF Old Derricks.

Beaumont, Texas, duly %. President
Penman today announced that the machin-
cry from the Chicago plant Of the Pen
man steel aud Iron works had practically
all been shipped from Chicago aud shonld
arrive here within a week II will then be
Installed In two or three days more and
the plant Will be going full speed the mo-
ment the machinery is ready to turn over.
They have great many orders that are
waiting for the beaumont factory to supply
ana the customers are growing impatient.
49,
c. G. Bruce a prominent oil man, has
recently been all through the prospective
and proven fields of Nacogdochcs, san Au-
gustine and Hardin counties and states that
he feels sure those counties are going to
meet with a development that will actually
startle the old-time oil people mere. The
san Augustine fields huves not been started
awake, but he feels sure the dag Is near
at hand when they Will stir things to a
very great boiling point AS to saratoga,
he states that tine Hooks well No Is
now down 1900 feet and that they are
still drilling. At SO feet they struck a
2ouO-barrrl well aud Il they do not find one
of the genuine Old time gushers at a greuter
depth they Will draw their pipe back to
the sO0foot point aud begin marketing the
oil from there The Bncc well. he says,
struck good showing of oil at the re.
feet, but went on drilling aud Is now down
800 feet and ready to set the twelye.inCh
casing. They feel confident of striking oil.
He reports also that there IRE now three
derricks the Joseph Colt survey two
miles west Of Saratoga There was good
now encountered Ia the Il. b. tract one
sure that there Will he eleven dcrrlcks at
work In the Saratoga field within thirty
days and that the people there will be
more lively than even spindle Top in Il
very short time.
1t is now pretty certain that united
effort Is going to be made to clear up
the hill Of the numerous unused den,cks
that stll stand. Mr.. Nm will probably
Re the man upon whom this duty will
fall
49,
There have been n very large number
Of kilograms to come in here today to Cap.
tain W. C. Tyrrell and to the Heywoods.
cougratulatlng them upon their successful
coping with the great Jennings fire. 1t
shows the pluck and energy Of these peo-
! pie, according to the kilograms received
| and they have many friends that wish
| Them well and are glad To see their trou.
| bles thus ended In smoke.
\ -
Notice of shipment of seventy.A cars
! Of steel has been received by the Penmau
Steel ana Iron works. showing that they
| expect to begin turning out a very large
| amount OF business here Immediately.
uhc oil shipments are not holding up So
! well this month as they did last ana the
| expected great rush of water shipments IL
| so far not coming up to the wishes of those
| who Ike to see a big showing. There will
| be several big boats III during the last
| days of the month, but whether or rot
they will be in sufficient numbers to run
| the business up Is a question. Certainly
| the shipments Tor July will NOT cuual those