The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-08-15
PRICE CONTRACTS
| ], u Be Troublesome for the
p0'' ..iss Which Made Them.
|,trlos HAS YET BEEN TAKEN
. :, Acceptance or Rejection
lns y p s Submitted by
''' Manager Van Week.

A.. Proposition ouO'
W. Manager Van Week.
r.,os August 14.-Interest In
Frnon, s.s shifted today from the car
f'is' ~ ne old cheap contracts that
iioa .s y into some time ago, when the
enter s-oducIng 10000 barrels per day.
ssie aasrp that made many contracts
ee "A barrel and then kindly raised
gu. g. q ! cents. and as a furtner marx
as y increased it not long ago to
peiV "a was willing TO take oil from
ih :, those fgnres. has hled several
penn mis- character at the court
aes has even gone further and noti-
~, of the larger companies ana
se'S.w rnmber OF the smaller ONES that
NJ not buy from these concerns
bad pesl Az contracts with them for
have W. =. u,.nt on to state that IL they
OIL. ~ ti,,,u they would do so at
Sery Hvn snits are to be tle,l WANNA
fishi w nm. against tue companies
lGy sGws snch contracts and are not
bfYe nhu'
ssAipg aae than 8 cents per barrel. TO
rcss M Al now. and the concerns that
per tne no contracts will do what they
nsse them declared void by the
10 10 tbe subject Is going to be most
49, nne from the start, SeNeral
es' ansmnsnles are gritting tneir teeth'
tnrnisbing oil on those old-tlme con
as low as I cents, but IL is not
,hat some Of them are turni Shing NJ
er hgure .i,,rr raoailv M
uplOI. "a cents. and within a few
=. ro a, cents will probably be OBJ
nG Tbs completion of the retineries
q. away and the moment the Burt
Ia taking oil freely there will be
~ nnt less than 10 cents, and pos
po,a II the consumption is so great
nnw expected by the outside oil peo-
ran following closely upon the com
~ the Burt plant, If not ahead OF
n, no the Central Asphalt and Refining
.ny nj Port Neches, the Union Oh
ns and Fuel company here, the Brice
nv and Guffey No. 3 at Port Arthur
IN, others. All these will have 10
Ill or else they would represent an
waste Of hundreds of thousands or DOL
and il Is stated on EXCELLENT authority
they can even ~ !" "A'"N PSi N"A -
M crude aud still make a pront.
re seems TO be little change In the
,,r situation. No meetings have been
n and there is not much prospect of one
hold tomorrow. 1t looks as II no one
&rlcular is willing to take hold of the
IL, snd call the oil people together
fher words. they are without head.
a L ouite as necessary to the owners
I'm cars as T. is to individuals when
{tops Ike those now confronting them
{p,ssented Mr.. Van Week has prom
IA wait four OF five days, but after
h may 60 ahead and enforce to the
hls statement about the removal OF
ksrs to points where the company has
stage room On the other hand, the
r/say that they will seek redress FOR
Ech action In the courts. The fact
u oil companies are leaning more and
to the Idea that there is something
have not vet learned about the propo'
the Southern Pacific has made the
len. and they are also leaning more and
70 the Idea that they will eventually
the whole matter In the hands of the
(. They think this Is going to be ex
I've and rather hard on them, but they
he that they will be there just the
few days since an article appeared
Southern Pacific official to the eff
thar the Higgins Oil and Fuel com
Is the only one owning Its own stor
bucks, but that was an error. There
eymal companies here that are in thal
nae condition and the Keith Ward
Dmpany owns perhaps the longest anc
equipped Of all of them.
statements about the empty oil cars
81 jennings seem 10 be correct, anC
said further that the blockade there
ttng to be quite hard on the oil snip
nj! shipments ont Of the Bgnumon
have sprung up aEsin in the last few
They have been running along at thu
Of li5 10 100 cars per day right alonl
NE last FIVE days and 1t looks as /
ovement In the situation is coming
some cause or other, Just what |
not be known but when the ship
was face to face proposition tina
'npg wis wrong, and when they &c
again to the figures above the state
san again hN made without fear o
.t,elltn tnat there is an improvement
'aeneh the cause may not be known
water shipments are not running u
si though by the Goth of the mont
VIII improve at q rapid pace.
~
We vas not so much business on tn
'nse today, though the number O
runs up well and looks good. TIL
Fihs were the transactions:
W lCQ0 shares at Use.
.N SAp shares at iAc.
" 1850 shares al lac.
aend- 1880 shares at lie.
saaclnio, 100 shares at sc.
lnAt'an. 1850 shares at CSC.
b, Gladys, SOC.
IN tanks, zoe.