The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-25
N ADVANCE in THE PRICE
!, fslsacts for Oil Now Closed at
|" Four Cents Per Barrel.
,srRfR BIG BARGE TO BE LAUNCHED
.h,mus Has Started on His Eleventh
WA Lively Session Of the Oil
Stock Exchange.

~ .,oon, vr---, -,tii 2i-Captain Ben
B y who has charge OF the big ship
FL q born Announces that he will lie ready
,n,cb the next big oil barge at the
an saturday week. The work N
* ,essoi has been pushed with all the
a,y possible and II has been accom-
- sbd In remarkably quick time. 1t
Is airy about 1000 barrels when com.
III "a and is the property of Charles
- Co, of Galveston. and will be
N lbs the line Of boats under charter Of
W lone star and Crescent Oil company
"a are doing an immense business with
vs 0rle3ps manufacturers.
IN 49,
N apparently small item developed to.
M !, rhen one or two companies announced
4. closing Of contracts for oil at the wen
cents per barrel Instead of 3 cents,
4 icimer ruling price on big orders AMI
~ 4. 4bange is one Of great moment to The
al Il uoiuring concerns hcSe especially tn
,tls mes II is the begiAu,i & of an adj
In ana that has been COZ ndAntly expected
I'm "A lIong and there are me who believe
Ia IN IefOre week more has cNpScd still
rfltr advance viii be noted aNl the pr,ce
tgaly wind up IN year moiN at some
lhg like - cents per barrel. This has
WI fked upon as II rather ovO hopeful
ssV of IT but the change toluy would
ge 10 indicate that thee WI Ne better
rs1s soon and that this is step in the
t:sl direction
D McDougal, vice president Of the
N1Ia Crude oil company nnl residrat
Il. IN tbe city in Illinois of that name, has
I'M IN here investigating during the past two
three days and IS delighted with the
rct& soioyements both O.. Spindle Top and In
8lfunfnt He IS here primarily to look
IA. ~ intf his holdings but pause long enoug q
~ III bgk at Beaumonts young sky scrapers.
LA Paulhamus who was the first prac-
= y, III in oil man to come to Jefferson county,
fned on well today that will make his
N eruth gusher 1t is t. be on block u
,.l tie Gladys City property. He also
fought IN this Afternoon regulation six
ha nsher on block 81 of the Hogg-
hotc# Sayne tract
a iie Post correspondent Led Mr.. Raul
-. lsaW why he was citing SO many guSG-
- y Oh hand and he replied that he wants
e " hrty Of oil when the other fell W hasn't
much. He is getting his collection Of
nls scattered petty well ovr the eat re
Dr. Esmes, one # the most prominent
sit Il ha oil chemists in the worll. spent yes.
ecl,raa xduy III this city the guest Of Mr. j. A.
ectiytI{ hrhamus and WIS de.ightad with the eN-
fbtlon Of a gushcr sporting NJ full tilt
the hill In the afternoon through the
-. tgtJky Of his host. Or. Elmes has the
fia hnet Individual laboratory In the WORT
bat Is used for experimenting and cxamin.
n b. utl>oil ana be has done much to get
sA oil -, general us, throughout the
{, tuntl p ae left the city this mo M :
hycii3 hnnf.R fatshed that spindle Top is iC
hnIr beiicycs tbnt Nth ",''pN ",t
i've b lkl and prove that it is u ,rmnncat an /
{ s4n Mrs while the Russian hcl Is will last
Of d wa supr' ''me romP"roll'eiy'
MN The Biz Southern Pacific tank at uemp.
sHa has hon e,,i.i,.,., go, a., e,,... ,,.
!, NJ 49, "'''''''' ""' '"' '''' "",
4 -Hpn anu tlc crews sent Il AlglcfS ana
.! " AHn. The road is handling tho Hons
aid ID Ftfn Southern Pacific tinkage apparent
Il ~ Is If 1t were but one system.
:. 40
he egW "A, -. -. t-
"VAeiS on the OIL exchange nave
i NJ ~ TAKEN up. When the floor manager
he Necbcs club AIR X Gjst saw
NJ IGN M .A,ttonr. -, ,a ~ ~
Mas NJ '"' d "'l game III Tue -
~ 4. As morning he Immediately called up the
-. II, 'Asl Tor the engagement ana the tim
lso ns for both ten rS b"y ys been or % '
Z ~ The fray Is rrof,,,r T., i,,, I,,t on, 'Tbn