The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-28
Has Created Considerable Interest
Among the Oil Men.
SHIPMENTS WILL BE VERY HEAVY
For the Month; the Marx Has Already
Been Passed Which Was Deemed
High tor the Month.

rlance ms the number of people seen by
The Post correspondent aud none OF the
various oil concerns representatives, would
express an opinion, Thcy We're Su much
SURPRISED when Mr. Taliafcro VAS first
appointed as II temporary receiver that they
might not he shocked SO greatly II the
absolute rcceivershin application Is grant
cd. The papers arrived here this morning
and have been scanned by TIE attorneys
during the day. On the hcariug tate next
month sherman will undoubtedly have
more Beaumont lawyers .ln the court house
any particulars TO be added TO the situation
from here, The attorneys nf course, Will
not talk. hut those for the defendants Will
have n meeting In the next day or TWO to
decide II possible on some concerted action
~
The Gober oil company has a we'll thnt
shows something of the peculurtics Of the
held In that 1t breaks up some Of the
theories aud changes the ideas Of II good
many people, The well was brought In
early last fall and was left idle imme,
dintely following the bringing In by reason
OF the fact that the officials thought il
suicidal 10 try to sell oil at the figures
that were then current. They preferred
to shut the well up 10 selling at the give
away figures that prevailed then. This
policy they continued until three weeks
ago, when the prices weut 10 q figure sat
isfactory to them and they began preparing
to market their product. They secured
tankace and arranged tn get ears for thcir
shipments They sent out after orders Mt
the good prices and secured them Then
they came TO the. important and interest
ing part OF opening their vel into the
tanks, The settling tank WIS luW feet
from the wen aud up mn. Ia addition
10 that It was. necessary TO make "a MT
of thirty two feet into the tank The
valve was opened without MIR or without
artificial stimulation Of any kind and the
roar commenced and In u few minutes more
the oil began rnnning into NE tank MP tho
MIL aud continued runnirr IN this man.
ncr 1t has been loading about 1000 barrels
per day without interruption and Que of
the directors of the CcuNArN stated tn
Tho Post correspondent tiiS morpug that
the well actually grew stronger each day
In his opinion, He thinks this Is due to
the fact that It is cleaning Itself out.
~
There are stlll two working days left
besides Sunday In the MONTH OF June and
tho 75oo.car limit has been passed and tho
month will certainly show shipments. ac-
cordlng to the Enterprise, Of 500 ears.
This is great showing for such a young
oil producing field, untstrppinr by a bg
margin tho great record of the Bakn nelds
for the similar period following tho dis.
covery of the oil there. The shipments to-
night were 1914 cars 4 ,2S| coo hnrrcir,, by
far the largest record ever made, The
month Of May ran something over 500 cars,
which was the highest MP to that time,
The rapid rise In shipments Is due 80 the
fact that both the rail aud water facilities
have been increased materially. The water
shipments were not extra good nnitl with
in the Inst few days, whom hulf a doz II
large steamers put in NJ Port Arthnr hnd
Sabine Pass for cargoes, Added TO the
big water shipments arc the rail- ship
ments. which have been larger than ever
before. The railroads have ronha'Hted q
were not using their property ANA now ihN
railroads are paying mileage on these rh
but are helping relieve q '2nrrTleH 5l' ,it,
tion that has hampcrcd tho business NJ tho
field no little. Some OF the oil companies
have been reinforced with ncW cars ana
TINT has aided There rs sim n heavy d"
tnnnd for tank ears aud the OIL people hl'
complaining no little about IT, me rail-
roads. since they have adopted "Il ~ D
fuel, have TO usc Great many H Nd ~
own cars aud this takes inst mat many
out of commercial use, TahihE W. aiin,
eether. the enormlu of the Bea1lnout en-
business Is problem that wonla mike iR'
most expert rallroad hnapclF Nht WH
brow OF turn bin gray
~
feature on The oil exchange this morn
ing Was the aggressive manner In wh"l
one broker tried to buy oil loaded on TAM
ears. He apparently grow angry at the
fact that he could not buy oil at hi'
figures, He offered 10 cents and said tina
n was a very strange thing to him nat
he couldn't induce some fellow to sen m
! ,nat figure He wanted ton cars und want
ed them badly. He ala not got theh,
! There were offers at the rnHng prizes, -,
| the past two weeks, but none were "lihh'
to part with their oil at ~ cents
| II is understood here this evening thai
tho Haywood on company has closed al
extra large lease ncnr Welsh aud viii 10
! morrow ship a rig there for the plpos
4 of boring for oil They stnte that th'
/ signs there are everything Ia favor OF
/ striking oil In as large quantities MS a
! Jennings. There is one hand made wei
| about four feet square that was dug thlrt
| feet and now the gas comes with surh pro
! fusion thut II has rather the appcalunc'
| OF a turbulent boiling pot tlian al WAtt
| coming from the earh. II Is impoes ul'
| to drink or use the water at all mud th
| gas when coopcd up for minute Is y
/ strong ms Ia overcome the experiments
! II he gives IL amy latitude WhateNer, ~
| whole earth Is said 10 show gas ontc,ol
pings and the oil IS expected at shalo'
4 depth.
Manager W. G. Van Week has writ
ten Secretary Chllress Of the oil eN
change that the expense Of line from son
Lake to Beaumont is SO much greater thaI
! for u line to Sour Lake station that N
| hardly sees why they should come 70 b'au
mont direct with the spur.
The Atlas and barge 81 are now IN an
| will clear tomorrow. The Cardinm VII
also finish her outside loading tomorrow
The Pima has already gone me lHrAEual
| has been plphfnu.
There were no specially significant SAFE
on the exchange today. though the genera
tone was good. The following were TN
transactions:
Beatty. 1000 shares at ll&e. 49,
| Independence. 5000 shares az Zi7c'
Gold Eagle 46DD shares at l0i2c.
Missouri, Kansas aud Texas ooVo ShAfv
at Zoe. a.
Dividend. 81, 600 shares " lc.
Home, so shares IL i3e 100, 49,.
Beaumont on aud Mineral osVV snaie-
at &c.
oil I. o. b. Gladys "a y
! No. ..tt...............,- 10 n
| No. In tanks ...-,..f'.''.-''' -
| THE PORT ARTHUR REFINERY.