The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1903-02-01

A "soore" cable reached London a few
days ago It began Recent reports in.
dicate that the great Beaumont OF 6eld
may soon he n thing OF tho past" It made .
stir IN the old city. Your correspondent, .
Interviewed by the Westminster Gazette,
said. much Of the money for the Lone
st8r and Crescent oil company, which IS
sold to he in trouble, came from New or
leans, and was put into the company on
the assumption that the wells woli- con
tlnue to produce from 5000 70 l0o"D
barrels per day The best friend Of the
Beaumont Industry today is NOT inclined
to estimate that the production Of the most
/ prolific wells iu the de'd IS more than from
/ 1000 10 sO0O barrels per day. The stock
/ holders az noisy meeting held al Ne"
Orleans decided 10 raise additional. capital.
, II would appear tAal ltry ntEe t,s Zen
| get This money, and hat a cHlslS mas oeeu
reached IN The history Of Lle conpaA.
| hence the remarkable aaQ eAa SsllItII
| statement made IN New Auik aug tepL|,
/ 6ucad In London. The most largely nAaHeeg
| Of fha London companies rs tle IeEas VI
I Fields LIMITED, which mss territory a
Rig Hin IL would not be Directly aDSetep
nv any upheav0l at Beaumont, fEacGydMs
the same thing may be slla 81 me beau,
! Toouf lTeyasl Petroleum company, NAoss
properties are ct Saratoga ana sour LsiA e.
Petroleum, the paper edl'ea oy YOU 90 s9,
resPoa,u 5thor +bircs mis- Nothing is more
natural than that the changlhg ec t5-ptl-
! and commercial conditions s4ou4u sIs1ttSt
# they do not oyea%l ainIsiv sT Vine out Of
! evidence many Of those eWaIIel ~
which never had the ghost OF cnGaI 80. "a
paving money TO anyone eAcePl.ts Ia Ia
sronsible promoters. beduMoNl W. ~ - :
B ~ sfote of evolution, and comPanlss ne i
are not properly established o! az Ia,
managed may be expected 70 80 70 tue 60 90
IN considerable numbers. we are uo1 -
I,cb concerned about the producing ~
) nacity Of spindle Top as we uts ~ terrI
2 broper development OF nlheI pr - ~
2 ta,,iss Renumonts few acres are NY ny
+ nlt I'D In rhe territorial expansion Oh
10 TeTas producing areas. We LOOK 70 ! ~ ~,
? -: 20 beaumont 90 bring about t9e ~
+ summation Of those lmpor IN. ~ lh,,stness ol
[ ,5aaig associated with the oil ouslhess ~
; itea $50 Very naturally. we roIt"e \.
D the d she IKE history Of the oil fields N tn'
downfall Of n single companlS +,r +ro,r,le,
I .ra b@ipg discussed IN connection W. wv,
q 1piaa,,n,onf oil II should not oe l9I
: 80 a. has been scientifically hnoNN' ~
the fact is now genera.'2S o,ess drilling an,
~ s,tiva easing In some cases ny 1Yrov
, has caved I'm, while pracHca! VI es sirr ha
mat in numerous instances ~ con Tock
saan Numerically fixed IN INC 10y s,r,nI
men grpd AN nrovides a shamefully oG9 satig
/ - driilinF work and the only lhlHe s,,ne,
| can he sald IN favor or u,WHsI. mat the
1 tutendpd the noriuE A't .,a4- work N
We encouraged 70 scamp thelp ,nv ur,
W.nv-ds Of inexperienced oil con P ro,,gb M
| SlD o,,,,s ON the whole We got tAaairg 5ou
| mo- mo- Tci.ao,,t any real damage ueiue m
| stA.s MON 0pinion BTts3ers nave VI 80
1 20 s2ot ms Of the Texas oil neid'
| ou, FUEL N THE BRITISH navy .A,.. = i,
/ 1-bs new cruisers Bedford ana AIao .
~ nloved so conspicuous a part
| Rndyard Kpings account Of - ,ss' =
Ps,ng." are being prepared ior sI' ho,r
| t ne,"s tr,,,s Each vessel has taken on o9a'
| a aoo +ors Of crude oil, which Is stoMeu ;.
| e eUo double bottom spaces tn rous sa,;.r,,l
s.r,,cted tanks. Roth shi''s are p ,.,.,,ar
s s,gps this type OF generator Parea'4t :,
j o ,"ma,ns Itself to oil arng Only tag y y
i ~nrd nest OF boilers in each -
i S Ven adapted to the burning o. o,.' %
Il hoth INSTANCES these nests SolS ss plac
Il uWV1llILoyiiles with econohhTrbs bilrn,
4 b.Ghl..vs.artsbips and abreast ~ "sprl
Y ath n O. a. every case. although 80 II
~ Hu.if 1st+eru is the preNaIlhE ttis,vs n /.
a ~ Recognized thar tle burner e'afn9lzi
- nov rtanf mart In the proo!eln % y, ter.f,
2 lInpossn,oai AZ other words, sesula 49, 4
d tne 4urn,l[eiess comhust i0n-uaAf nal n
= anu si sD5tosad. one Of the p,..,nahRSb :,
Y meIs ~ there trials 10 % .,,ssses
- ponts, merits Of ever MOVE srnt "
"A f nsi f,ei. So jealousy are u" A'0SN'