The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-02
THE SHIPMENTS OF OIL,
The Most Notable Feature Of The De-
yelOpment During March.
THE CONSTRUCTION OF NEW PIPE LINES
Has Also Been Much in Evidenee--The
Work on Wells Outside the
Proved Fields.

Beaumont, Texas. April 1.--As the oil !
Industry settles more aud more into u |
steady and regular line Of development I
from month TO month the scope and breadth /
OF development is narrowed to a smaller |
limit and the speculative feature is grad
ualy eliminated. As compared TO former
months March shows to best advantage
from the standpoint OF oil shipments. The
shipments for the month, including both
rail and water transportation and local
consumption. will exceed 5000 cars, or over
$4,000 barrels. says the journal this even.
Ing. Taking into consideration the fact
that there has been large falling of In
the demcnd from the sugar country along
TN Louisiana coast owing TO the rennlng
season being over. 1t Is most pleasing
feature to note that the shipments are
nearly thousand barrels in excess OF Feb
ruary. This is the result Of the Increase
Ia the export trade and the development
of the market In the Atlantic coast coun-
try.
Outside developments are substantially
the same as at the beginning of the mouth.
The Federal Crude, the rreadaway, the
Slaughter Siasterson and the Hardy wells
have done hut little during March, al
tnoUgh they have not been definitely ahnn-
doucd There Is some activity in the nelgl-
borhood uf the McFaddln rice farm sew
eral miles south Of the hill, dne to the
decision Of land owners in that section
to put down some more wells for test
purposes.
Outside OF Spindle Top, Sour lake has,
Of course, been the most interesting point
curing March The AtlanticPacihc OIL
company finished well which developed
a good gusher and demonstrated beyond
doubt that the Sour Lake hcld Wall some
day become an important factor In the
oil Industry Of South Texas,
~
! There has been steady progress in pipe
line construction about and on Spindle
I Top The Texas Fuel company IS pushing
/ the construction of the Port Arthur pipe
/ line with all the speed possible while the
London OIL and Pipe Line company Is
/ making n new departure bS lnalSu; aIlhS
+ city bringing the first competition OF
I IeTed TO the Higgins oil and Fue e mpnuv
I'm this resnect Tank construction mas
| proceeded with vigor dnrtng inc p 81 innlsn
/ and In addition to pushing that already
| begun not small amount OF new work
was bequn and vet more plannei to 0eSln
| ut once. Taken all together March mas
/ neen rs productive OF Initial dcNelnpmeht
/ as any month and shows not the Sifht'st
! inclination IN the direction 81 let M IN
providing equipment for handling, storing
! and shipping OIL
The Lucky Dino beng drilled by Con
tractor w c. Kinsaving is expected IN
soon April bids fair to witness the coming
in OF many gushers.
The Mammoth OIL, Mineral md Land
company is to begin sinking wells in the
Keith-ward tract. This is new com
pnnv and is composed OF MesTs. s. j:
| and W A. Thomp Of Nacogdoches aud
II. W. Harry Of Dallas
The San Jaclnto OIL COMPANY OF Beau
mont has closed contract WITH St. Louis
parties for furnishing 5000 barrels Of 81
prr wear fcr q period ~ Ave wears. The
contract price to be paid for the oil is moi
made public.
Mr.. Louis Deschlcr of indianapolis Ind.
;. is in the city today Mr.. Deschler is
director In the Caldwell oil company, an
Is being shown the srlndle Top Geld ant
the caldwell componN,,s holdings thereon 10
ncer This COMPANY received ten new tnul
ears from Chicago veetcrdlv and starteC
them out .odav for different points loedeI
with Beaumont oil
The steamer Paraguay Is expected to ar
rive al Port Arthur other tomorrow a
next day, and WIFI he loaded by the NJ
tional on and Pipe line company witt
crude oil for shipment to parties IN Phila
/ dciphia
! \ y
Superintendent of Construction VI. Sheet
, Of the Penman Steel and Iron works and
crew OF twenty-five men left this mornlnt
+ for Jennings. where they will begin tn
erection OF the tanks contracted for by tin
Southern. Jennings on company, In whlcl
= the Haywood of this city are Interested
. The Penman has much work contracted 70
in this section and the crews will be sen
;. from this city to do the erecting. Tn
material As gotten out by the Chicago plant
hut 1t is to be hoped that in a short tim
the plates may be prepared In Beaumont.
/ ~
e The total sales ON the exchange yestel
g day aggregated 5000 shares, Followiu
are the transactions;