The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-06-25

nothing specially interesting. hut that be
was glad TO see his many Beaumont friends
again. He Is kept constantly going now.
adays and is in Beaumont very little,
Tho Haywood OIL company has declared
its fourth quarterly dividend OF 4 per cent.
payable July IS. The company seems 10 be
coming forward with clockwork regularity,
aud the earnings are holding UP well. THIS
was one or the nrst companies 20 get on a
dividend basis. and IL Is holdng up well in
lights"
The Cold Eagle OIL company this even.
Ing brought In their No. . well without
having to bail or agltate or use air In any
manner IL is located ON block 81 Of the
Hogg-Swayne tract In the midst OF the
numerous other producers.
~
With tonlght's shipments 600 cars OF
oil will have gone out aud the barrels
VIII have passed the million mark. This
Is where the producers want to see the
neid stay and there is not any likelihood
OF the shipments going below this mark
nov Tor many years TO come. That they
viii constantly Increase is what every one
expects, though now and then month
may drop on on account OF conditions that
can not be controlled. The total number
Of cars shipped already this month would
make 200 trainloads Of oil and would reach
mere TO Liberty: The business is n big
one and the railroads are getting tonnage
now from this city that they had never
dreamed of before.
The Kansas City Southern is eauipping
an olsprinkllng car for the purpose Of
sprinklng the streets through which the
line runs In the cay This will be a
novel AFFAIR and will no doubt result in
experimenting as to the practicabilty Of
the cars being used In this manner over
The entire line during the dusty season.
SUPERINTENDENT Beyard has advised Sec.
rotary Chlldress of the oil exchange that
the car would be finished soon and that
it viii be placed on the streets aud used
regularly and efficiently; II i works all
right then they Will probably try using 1t
between here aud Port Arthur,
J.. r. Fuller OF the Texas Live OAK or
company is in Beaumont today looking
after the interests of his company and see.
Ing how Spindle Top is doing.
~
W, +. Ryder, the prominent iumbrr1lan
OF the king-liydcr Lumber company, ana
who is reputcd to he worth millions, is here
today looking over the oil fields and asking
his old.timc lumbermen friends how they
grade oil as compared with star flooring.
They have nearly all embarked IN the oil
business now aud he states that the lunl-
bermen of Il year ago are the oil mugnates
of Today when he comes 20 Beaumont. lie
visited several oil company offices In search
of his former friends that he had no troub e.
III finding around the saw mills year
since.
Secretary Childress OF the oil exchange
is today sending ont his thanks to the
ladies who so kindly assisted the board OF
trade in the entertainment of the land and
immigration agents OF the southern Pa
cihc. They were given n royal time and II
was largely through the efforts of the
ladies'
There is no diminution in the work that
is going on at the George A. Burt refinery.
1t is an immense plant and requires much
time, but the piling up OF material and the
constantly increasing number of men on
the construction Indicates that they are
doing everything possible to hurry up their
refinery.
The Penmnn Steel and Iron works has
received another large contract TOR the Lone
Star and Crescent Oil company for large
number Of tanks. This is in line with the
proposed reorganization and increase in the
so rapidly as to require some large in
creases in their facilities to handle the
stupendous trade they get out of New Or
leans. In this connection 1t might be well
TO call attention to the fact that a bid
was registered on the exchange this morn
ing for 10000 shares Of that company's
stock AT % cents IL Is jumping up In
value at a rate that indicates considerable
life.
~
The following are the transactions for
today on the exchange:
Lone Star and Crescent. % shares at o5c.
Independence, 10000 shares at 2l4c
Continental National. 5000 shares at 10c.
Dividend. 31,j0v shares at 1c.
Horse Shoe 1000 shares at 2I4c
Beaumont Uli and Mineral 1000 shares
at &c.
Gold Eagle. $500 shares at 1olsc.
oil (. o. b. Gladys
NO. ] ..........,-- ''s''s''.. ouc.
No o in Observation-Disclosures. 22l2c