The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25
A CHANGE IN THE CONDITIONS
which No Longer Makes II Necessary to
Restrict the Companies.
IN THE INTEREST OF SMALL COMPANIES
IA Large Amount OF Tonnage viii Be
Assembled at Port Arthur and
Sabine During the Week.

Beaumont. Texas, June 24.-Dlstrlct
'uuse Martin this afternoon at @ o'clock
rendered his decision In the important Lone
acre vi company's application for a modi.
hcation of the writ of injunction as granted
tue safety committee and by which the
spindle Top property has been governed
Tor the past eight months. The decision is
lar'reaching and important The opinion
was an oral one. Judge Martin stated tn It
conditions had changed materially since the
injunction was granted, and that now the
only chance that he could see for the
smaller companies TO live was in the grant
ing Of this application for a modification.
lie thought that unless this was done IL
would simply mean that the larger and
Weather companies would control the
situation, and he further stated that he as.
suhed all the responsibility for the change.
The modification allows the building of set
Ting tanks under certain regulations on
the hill on the property of the owners OF
the wells.
rms is what the safety committee and
the Lone Acre company had practically
agreed upon. Judge Martin had the hear
Ing called up before him because he did not
like thesidea of outside agreements 81 an
injunction granted by him. lie heard the
evidence and believed that the changes had
come about and that the rigid rules in this
particular should be modified
The question at stake was whether the
companies should be compelled to flow the.r
oil to settling tanks frequently more than
half mile away, and requiring pressure
power from the hill OF whether they could
put these tanks within a very close NJ
tance from the wells and thereby save in
many cases the expense of Installing ex-
pensive pumping machinery. The judge
evidently thought that the danger from the
gas would not be hazardous with proper
safeguards about the tanks.
In the contempt case against 3. X. Mas
tcrson he dismissed Masterson from the
charge Of contempt, which finally settles
that case also.
The above opinions have been watched in
tcntly by the oil men and their Importance
can not be underestimated.
~
The Importance Of the whole Of the Mis-
sissipi valley to the Beaumont oil field is
amply demonstrated by the announcement
today that the Gulf and Mississippi Trans
portation company will at once begin the
construction of the canal from Grand Pass
TO New Orleans. This is u point consid-
eraDly TO the west OF the mouth of the Mis-
sissippi and If run through direct 10 New
Orleans, as Is the present Intention, the
saving Will be 20 miles in the round trip
OF the oil barges for carrying oil through
TO the Mississippi and to New Orleans.
The company mas just been chartered in
Louisiana for capital of 100000 ana
$4,000 OF this is paid up The stockhold
ers and directors are all Beaumont people
with successful career behind them and
the carrying through of the present PROPOSE
tion Is therefore almost u certainty. The
directors are: j. f. Keith, II. A. Perstein,
X. NJ. Mothner, Robert Steiner, NJ. Hecht,
L: w: Shepherd, b. Deutser, j. S Gordon,
all OF beaumont 1t Is their idea to go
ancad and complete this enterprise with a
small capital and then probably organize
n $0,Ue,OOO corporation for carrying on the
business The saving in mileage would be
an enormous one for the handling of oil
and would In itself make a saving for the
oil sufficient to make 1t desirable over
coal. The immediate beginning Of this
canal means cheapeening of transporta-
tion charges to the largest present con-
sumers of the Beaumont oil aud in addi-
ton to that will mean the bringing In of
more territory as points OF consumption.
~
Sabine Pass and Port Arthur will be
more active as shipping ports after Thurs.
day than they have ever been before
There will at that time be in port more
oil vessels than the towns have ever seen
before and the total tonnage lying at
anchor there will be equal to that of Gal
weston in the busy cotton season. This is
due TO sort of pllinE up of vessels. They
have been In the trade tox some time, but
have been striking this end at different
a,
Jays ago, Will clear about that day, She
will carry 5000 barrels of oil for England
iu the desulphurized shape. The Cardiun
which has similar destination, will be I'm
for a 10000 barrel cargo and will
get out as quickly as possible and travel
across the waters closely upon the heels
OF her sister, the Pima. The Maverick
and two barGes with total CARRYING Ca.
pacity of $4,000 barrels will be in and when
they go out VIII be destined 10 Phia-
delphia or New York. The Atlas and her
26tn and will take out 10000 barrels of
Spindle Tops product The Paraguay will
come in within day or two aud takes 90
600 to 2o'Op Osrre.s. In addition TO these
larger vessels there are constantly going
In and out and daily shipments being
made for the gulf coast. bnrges in tow az
tugs. The total shipments for the next few
days thereafter will be more than n nror.
ter OF a million barrels OF oil by wnter
This is rather more than was expected
for the month of June and the shipments
VIII therefore run nearer million and a
hall barrels than n million and a quarter
as was stated today. All of this, however
will tend to cut down next months aver.
age, for IL will leave matters lax during
the first part OF the month.
~
Mr.. J. A. Paulhamus, who drilled In the
Lone star and Crescent well No. 3 a dly
or two since and which gave such marked
evidences of running wild with its enormous
pressure and which came in Of It's own yo.
litlon without baillng or agitation, stares
that he Is going to try to go deeper tomor-
row. He speaks of the attempt In fhis
direction In nervous sort of way and IN.
Inmates that he Is st II afraid the well may
90 wild on them with its heavy force OF
course, the drlllers will use every precauiion
and do their best to prevent any accident
though they feel that they have to c5nteni
with something out of the ordinary. The,
well Is TO be drilled deeper In the hone
that they will find only oil Instead OF mixed
oil and gas.
Captain A. f. Lucas came IN last night,
spent the night here and left this morn.
ing for Washington. He did not tarry long
but was In the best OF spirits and was
IN his way from Mexico. where he has
been for some time past. He thinks that
the grenser country has large quantity Of
oil area and the Guffey company Is getting
ready, in fact, Is already doing a part Of