Daily picayune., 1921-01-14
CUSTER PINCH
 ED" TO STOP FLOW
Drillers Hope soon to Have Busey
 We'll Completely Under Control. .

tBy Fletcnef Cnenault Ill ArkanSdS Gazette.)
 Fl Dorado, Jan 13-The ir,Ilels have ''pinched" the Busey weel down up from the earth through the oil soaked derrick It is said they plan to tighten the we'll down gradually until eventually the flow is stopped and tbe great well is under control.
 By this time the whole world knows thtre is an oil well in Union county. All who visi Fl Dorado concede i, and estimates ranging from 10000 to 30,O0O barrels continue But how much of this will prove to be good commercial oil?
 Some Skepticism.
 From several sources today it was intimated that of this vast flow only a small per cent may be available for the refinery. l even heard tonight the report that there is grave doubt in the minds of some oil men that the well can be saved and turned into 5g producer
 The people of Fl Dorado do not take kindly to this line of conversation. They are proud of the Busey well Coil- fident it will be big producer and want me to boost it to the limit Moth ing would please me better because hte luck that is coming to them. but Il deaf ear should not be turned to the pessimists.
 The doors of Fl Dorado have be an thrown wide open to the guests who are received with cordial and sincere hospitality. There has been no at tempt at profteering ar the hotels and restaurants, and the people who sacri- flee their personal comfort to held care for transent guests make no effort to oyerchange them. l know of one wom- an who pave her roomers back part If the rent they were very willingly pay ing because she learned that she was charging them more than her neighbors charged
 Basic Sediment in Oil?
 The fact that there is more than 100 feet of open hole below the cas- ing of the Busey well has created some apprehension, and oil men who examined the oil today professed to have sediment, which led them to con clnde that the open hole below the cas- ing might be eaving. If this should prove to he true it may be necessary to force a concrete setting down the pipe and wait some time for product ion.
 Int, however. is of small moment, The fact that there is an oil field here is conceded unanimously, and already nmrny drilling contracts are being arranged, Leases are soaring higher every day Near the well they are sel- ling around 5000 an acre and even higher.
 Visitors are here from all the ad joining states. but it is estimated that fully 4S per cent are from Shreveport which is a live oil town and Is going after the business here in systemat- ic way. A railroad man today said that II Shreveport bankers chartered train to bring them here the other night when they heard there was d gusher Shreveport men are coming in on every train.
 The State Bureau of Mines. Manu factures and Agriculture Is represent ed here by John c. Small Commis- sioner Jim G. Ferguson is due to ar rive tomorrow.
 Mayor Smith today ordered page advertisement in the Daily Tribune in which he extended q welcome to the visitors on the part of the citizens of Fl Dorado. and served notice oil crooks and grafters that they had bet ter keep away So far, however. there has heen little evidence of graft and crookedneSS.
 We rode out to the Busey well to- day and gazed across at the derrick sitting in the Armstrong field. The ground saturated with oil, which ac- cumulated in lakes and ponds during the time the we'll was blowing. It ap pears that good cotton field has been ruined It was said there was a bet ter flow of fluid today than there was yesterday.
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