The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1920-11-25
BRADY DEVELOPMENT CO.
IS NEARING ROSE VEIN
PENNSYLVANIA SToCKHoLDER
is HERE WAITING RESULTS
BIG OIL MAN.

j. c. Parsons, of Pittsburg, presi-
dent of the Brady Development COM
pany has been in the city for the past
week or two, having come out to in
spect the work of the company and
hoping to be here when the crOsscut
| that is being run cuts the vein. That
/ interesting event has not yet occur
red, though it is expected any day.
However, Patrick Brady, manager of
the company, thinks it may be two
weeks, calculating the dip of the vein
as it appears in the shaft 1000 feet
above. The face of the crosscut was
reported directly under the shaft the
first of the week. In the meantime
Mr.. Parsons hopes to arrange his bust
ness affairs at home so that he can
remain two weeks longer, as the indi-
cations are regarded highly favorable
for a large body of commercial ore
and he very naturally wants to be
here when the strike is made. AS a
means of varying the monotOny of
waiting, Mr. Parsons left last Monday
for a deer hunt under the guidance of
Rufus Dunlap. a man famed for his
success in bagging big game.
Promising Outlook
The Brady Development company,
OF which Patrick Brady is manager,
has back of it a group of Pennsyl-
vania capitalists and is engaged in the
development of a group of claims of
great promise. The company has a
bond on the Rose claim, situated be-
tween the old Standard Mammoth |
group and the Tamarack. and the
Olympia group of claims joining the !
Rose on the west and extending down
to the west fork of Nine Mile A shaft |
has been sunk on the Rose claim, fol-
lowing the vein to a depth of 100 feet
and showing a big strong vein carry
ing much lead carbonate ore and
some galena. The showing indicates
a large body of ore with depth and
this is what will be obtained by the
crosscut that is now nearing the vein
at a depth of approximately 1900 feet
from the surface.
Interested in Oil.
Mr. Parsons is largely interested in
oil his holdings being in the oil fields
of Pennsylvania, Ohio, West Vir-
ginia and Kansas. In the first
named state the production of
oil is small compared with the
former output. but the business is still
very profitable when one can handle
a large number of small producing
wells even down to half a barrel per
day. There is little expense in con-
nection with operations. one man be
ing able to care for a large number Of
wells for his only task is to start the ,
pump every week or as frequently as .
desirable and transfer the accumulat-
ed oil into large tank. There it is
sold to the reiners. being conveyed to
its destination by pipe lines.
Geology and Oil.
Speaking of the value of geology in 7
connection with oil drilling, Mr. Par :
sons SAYS that it has unquestiOnably
proved of great benefit At the same -.
time there are cases in which the ge-
ologists have made grievous mistakes.
One was in Butler county. Kansas,
said Mr.. Parsons. In that county, be-
tween EIdorado and Towanda, is
probably the largest oil pool known
being about 90 miles in length and 4
miles at it's greatest width in the mid r
lie. tapering at both ends. Oil was t
first struck on the end near Eldorado, t
which proved wonderfully productive b
fter studying the field the biologists b
gave it as their opinion that no oil \
D-o,,id ne found near Towanda, and '
Tor that reason for several years no p
wells were sunk in that section. Fin C
,Ily. however, a big oil outfit secured g