The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-09-29
BEAUMONT OIL NEWS.
More Contracts for Big Earthen
Reservoirs Have Been Let.
OIL TO BE SHIPPED FROM SARATOGA.
Directors OF the Central RStnins Com
pany Are to Meet in a Short Time.
No Complaint About Cars.

Beaumont, Texas, September ga few
days since The Post correspondent an
nouneed that there would be some highly
Important Saratoga news given out soon
II can be stated now that Saratoga is not
At all idle IN the way Of developments and
that there le oil news aside from this big
deal. Mr. w. E Briee who is perhaps one
OF the most progressive OF the Saratoga
developers, has an excellent pumping well
az sos feet depth aud he Is mating every
preparation necessary to get his oil to the
market, and will have shipments moving In
very short tlme His interests through.
out this section in the oil trade have made
it impossible for him 10 give al the time he
would have liked to the marketing PROPOSE
tion from Saratoga, but It Is now well under
way. The field, by reason OF his tlnd. is
widened materially and the oil contractors
express the view that oil uan be found
there In territory embracing at leas; three
square miles though the flows in the va
rious wells might show different character
lstcs and different volumes. ibe neld is
certainly going to be very valuable one
10 the renneriee here also, for the oil Is
not Of the same kind as this round on
Spindle Top, nor Is It IKE that from Sour
Lake. and the results OF refining will there
fore get different products.
H B. Short one OF the officers OF the
Central Asphalt and Rehning company and
also largely interested In other enterprises
here came IN last night from Chicago and
Is spending today At PORT Arthur. MI
Short advised some Of his friends that the
other directors will be here on October
for the purpose OF holding the directors
meeting set for that time 1t viii be re-
membered that the original date for start
Ing the Immense plant az Port Neches was
fixed In midsummer but they, like all other
constructing people In this section, had
many aud huge troubles about material.
labor ana everything that was really a
necessity ana the work has been delayed
until the winter Is close at hand But the
plant is in fair shape now and II is thought
that the directors will st their meeting an.
nounce some date In October for the begin
ming Of the refining Of oil.
~
while very little has been written Of late
about the tankase capacity In this county.
II Is a fact that there is being made each
month large increases. There are. when
the number OF barrels Is considered, more
contracts out for eartheu tpnkage than for
steel. ana they always hold such large
amounts that their completion would ordl
nariy be looked upon as news items. But
structed In most cases by people like the
George A. Burt refinery. who complete and
I'LL a half milliGnharrel tank without so
much as mentioning to the newspaper man
THAT they ever owned an earthen tank. The
zinc people are also going extensively into
the oil storage business, presumably for
their own CONSUMPTION. as II is understood
that at least three 450,010 barrel earthen
tanks are now about ready for the clos
Ing OF the contracts bv one or the other
Of these arms. and this Is In addition ~
the contracts that have already been an
nounced The fact Is these three contracts
are already closed hut the facts are hard
to get at, The estimates or contractors
place the amount OF oil now In reservoirs
at 100000 barrels One well posted oil
man remarked a few DAYS since that he
honestly thinks that 30.OOOOo barrels OF
OIL have been taken from Splndle Top. He
means this as the total embodying the
wasted, shipped ana saored.
49,
The Penman people have something more
than 100 men still at work on the tanks
at Gladys City for the Zone Star and Ores
cent company. and they hope to close up
their contracts with that concern before
many more DAYS pass In the meantinie
they are making large shipments from the
Beaumont plant to various points through
Texas and even further west. Vice Presi-
dent Staff has been trying TO take a yaca-
tion TO California for sixty days. hut has
been unable to get away on account Of the
continuing heavy demand for tankage.
This shows that the steel tank is by no
means the less thought OF by reason Of
the large eathen tnnkaEe that Is going In
here. OF course the steel tanks cost more
than those dug in the ground. but they also
have their advantages. The earthen tanks
are not cheap affairs bv any means. how
ever. as II takes i.600oO0 feet Of lumber
alone to build one 450.OO0-b barrel tank Of
the kind the Burt neoble use. That Is
practically 100 carloads OF lumber.
~
The oil tank car situation is not causing
very much comment iust now. The only
conclusion to be reached Is that II Is
smoother, for IL there was anything wrong