The Chanute times. [volume] (Chanute, Kan.) 1897-1913, 1904-07-29

manager of the company, said that he
believed the oiler would turn out TO
be a flowing we'll.
The Belleview Company operating
on the Baker land across the river
from Austin brought In a fine oiler
last week, The we'll when shot threw
a solid stream of oil above the der
rick, and In Is minutes had hlled up
AGO feet. The we'll Is rated as one or
the very fine ones of the field. Mr..
Baker. the owner and one OF the prin-
cipal stockholders, Is feeling very
jubilant.
MIR. f. r. Perry Of Chicago, Is eX-
nected to arrive in Chanute in the
course OF few days. Mr.. Perry comes
to take the management or the pro,
perties OF the Advance, Active ana
Annex oil companies. lie is reputeu
to be one of the most reliable ana oeSI
known business men OF that Guy. ne
will assume the management OF al
the interests Of MesSrS. ID. M. Bell "
Co. of Chicago, whose properties mere
number among some of the very best
in fine field, as well as among the most
extensive.
w. A. Thompson and d, e. NC
Clelland were in Topeka last week
where they attended the quarterly
meeting of the directors OF the. L. y.
O. Oil and Gas company, which was
held at the National hotel TUESDAY
night. The directors at this meetlng
LET the contract for three mere weiis
and the contract for the erection or a
power house. The company is opera1-
ING in the trans Neosho field east or
Chanute and has completed two wells,
both of which are good oilers. Tine
stock of the company has been selling
at 30 cents.
J.C. Mccain, who is superintend-
ing John f. Mundy s. Sons drilling
operations at Paola, telephoned the
colonel last week that the third well
had been shot and that within thirty
minutes after the charge was explod-
ed the oil was flowing in a solid column
over the mast of the derrick. Inc
we'll is 1868 feet, has 40 rect OF pay
sand. This is Colonel Mnndy's hIst
we'll on this lease and his third IN the
Paola field. 1t is located ABOUT TWO
and one-half miles northwest OF
Paola. The colonel has leases on 7,ooC
acres of land contiguous to Paola and
therefore is much gratltied over the
news which Mr.. Mccain communl'
Gates.
The America companys No. 10 was
brought in last week in 4O feet VI sahu
The shot was put down at O'CLOCK
and the response thereto was all that
could have been desired by the com:
pany. There is no gas in the well ano
at 9 O'Clock that night it had not
started TO flow, though Field Manager
Mckinley is confident that 1T will De
flowing in short time. The well
resembles Nos. II and IS except In the
flowing feature. Each OF the latter
started flowing simultaneously with
the explosion of the charge OF nitro
glycerine, and No. II is still flowing.
The flow in No. IS stopped two weeks
ago and the pump will be put on 1t IN
a few DAYS.
Hereafter the we'll known stock |
brokers, the firm of d. M. Bell u Co, |
of Chicago, will be represented in the
conduct OF their business 10 this sec
ton by Moore Bros. Of this city. Bell
& Co. are not only of high repute 10
business circles but are exceptionally |
strong financially. They have very
large holdings in this part OF the oil
field, and 1t will be remembered, pro-
NOTED the Advance, Active and Annex |
Oil and Gas company among others.
Their promotions have 10 every case |
been of the most profitable character.
By the terms of the arrangement be-
tween them, Bell s. 20. will represent
Moore Bros. in Chicago IN all matters
pertaining to their oil business. Ihe
effect of this combination will be to
greatly extend and amplify the OIL
business and interests of both OF these
firms, a business that even now Is
probably not exceeded in magnitude
by any concern in this section.
Another new oil and Gas Co. was
organized Monday, which, Judging
from the location OF its holdings,
promises to be one Of the most active
and favorable companies in the field.
The company will be called The
Oil and Gas Co., and
was incorporated under the laws OF
Arizona with a capital stock OF
81 900, 900. G. E. Dunning of Provi-
dence, r. l., is president OF the
company. T. J. Edwards Of Provl-
dence. vice president and secretary:
G. f. Fred Norway Of Providence.
treasurer; E. M. Bales of Chanute,
assistant treasurer, and P. P. Dunning
Of Chanute, assistant secretary. The
tract lies east OF the
Neosho river, adjoining the Bellyiew's
and just east OF the
Bonnie holdings. This company Is 10
be congratulated upon securing such
valuable possessions, bounded by
good producing wells and is sure to be
a winner.
FROM THE HUMBOLDT UNION,
The Fidelity Oil and Gas Company
drilled in No. we'll Monday. 1t was