Daily Oil Bulletin. The Rusk Cherokeean. (Rusk, Tex.), Vol. 1, No. 6, Ed. 1 Monday, June 11, 1934 Page: 1 of 4
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Daily Oil Bulletin
tusk
ISSUED FOR THE ENTERTAINMENT EDIFICATION AND I NFORMATION OF PEOPLE INTER ESTED IN OIL DEVELOPMENT
VOLUME ONE
RUSK, TEXAS, JUNE 11, 1934
NUMBER S IX
Salt Water Threat
Removed
As The Woods Wildcat Is Pinched
Fears felt Monday of salt water
enroachments ruining prospects of
oil activity at Rusk were dispelled
t0 a large extent late Monday after
noon when the T. J. Wood No. 1
was put on five thirty seconds inch
choke and the flow pinched to eight
or nine ban-els per hour with one
per cent basic sediment showing, and
no salt water.
On an eariler teat the well flow'
ed eighteen barrels the first hour
and 22 t}ie second hour through
three sixteenths inch choke. With the
larger flow a showing of six to
eight per cent salt water was re-
ported.
Oil from the well was light brown
testing 40 to 41 gravity. Tempera-
ture was 82 degrees. The tempera-
ture was saidf'by experienced oil
men to be a favorable indication
that salt water presented no serious
threat. In thf3 East Texas field many
wells flowed with much higher tern
perature with "'no salt water showing.
HAT
JDpiHflll
It may be nccessary to treat oil
from tho New Birmingham discovery
well here before it will be accepted
in the pipe line, it was learned' Mon-
day. Although the well now has a
connection with the Texas Company
pipe line, no oil has yet been turned
into the line.
Oil already in the tanks at the
well showed nine per cent basic scdi
sediment of oil coming from the well
had been flowing for a tima basic
sedment of oil coming from the well
had been reduded to four per cent.
Before the oil will be accepted by a
pipe line basic aadiment must be re-
duced to two per cent or below.
As the. well continues to flow it is
possible the reduction to two per
cent may be made, otherwise it will
be necessary to treat the oil,
MAJORS CALL OFF
LEASE BUYERS
Practically all major oil companies
have called off their lease buyers
from purchasing leases near Rusk, it
Earned here from reliable sources.
The order to cease buying followed
a showing of salt water Monday in
the New Birmingham Development
Company discovery well. It is not
known whether the cease buying
order wilf be Tesclrfded following the
disappearanace of water when the
well was pinched to a smaller flow.
It is conjectured among some oil
observers that the majors prefer to
wait for further developments, and
if they arc favorable, pay higher
priced for l'-'ases rather than to go
ahead with their buying at present.
A high official of a major com-
pany heavily interested in the Rusk
field is due to arrive here some time
today. It is thought by some that
results of his survey of the situa-
tion may determine his company's
program.
Tomato Growers'
Strike Ends When
2c Price Granted
Agreement With Mississippi
Producers Basis East Tex
as Settlement
JACKSONVILLE, Texas, June 11.
—Effective Tuesday morning, a
minimum of 2c a pound will be paid
by buyers in the Jacksonville mar-
ket for six-sixties United States No.
1 tomatoes or larger straight pack-
ed. This was made possible as a re-
sult of an agreement reached Mon-
day at a conference at Crystal
Springs, Miss., planned by Commis-
sioner of Agricuulture J. E. Mc-
Donald of Texas and Commissioner
J. C. Holton of Mississippi, at which
according to a long distance message
sioner McDonlad, a similar agree-
ment was made with 80 per cent of
the Mississippi tomato shippers.
IRON PLANr ACTION
GOES TOJIIGH CNURT
AUSTIN, June 8,—A judgment
against the State for $158,006 with
6 per cent interest on $93,188 of
that amount from Dec. 30, 1933,
was argued to the Third Court of |
Ci\'3| Appeal? Thrus<>>'. St gjiows
out of the old iron plant at Rusk
which was sold to L. B. Featherston'2
and who sued or the recovery of the
purchase price, the taxes paid and
the value of improvements put upon
the land.
The State failed in several at-
tenips a number of years ago success
fully to operate a smelter and a
pipe foundry at Rusk white it was
the site of the East Texas peniten-
tiary, since abolished and the build-
ings converted into a hospital for
the insane.
At one time the operation of the
iron plant was a live issue in politics
and in the Legislature. After the
failures the plant remained idle for
many years, some parts were remov
od and a fire did much damage.
Featherstone bid it in for $112,000
for the Texas Steel Company, which
spent $100,000 improving it. It ran
for three months in 1919 and then
shut down. In 1937 the State filed
suit and took judgment on the un-
paid notes, taking over the property
uncontested. Since then the Legisla-
ture gave the assignees permission
to sue on this thev obtained the
Tomatoes grading six-sevens and
smaller will not be offered for sale
at any price until the Agricultural
Commissioners of Texas and Miss-
issippi agree that the max-ket will ab-
corb them and shipments aie"kf?fR6r^
ized. Following the formal announ-
cement made Monday afternoon in
the City Park to tomato growers oi
the new price schedule, to begin on
Tuesday, they were told that an open
markret prevailed here and in Miss-
issippi until that time; in other
words that the growers were at lib-
erty to take any price they felt dis-
posed to accept, it was understood
that the tomatoes brought to Jack-
sonville Monday probably about ten
cars would averasre from 1 andl-1
to 1 and l-2c per pound.
May Curtail Shipments
With ony six-sixes to bo market-
ed, it is expected that shipments of
Ei\st Te.^as itomjaltops, commencing
Tuesday will be curtailed from 25
to 30 per cent.
judgment.
The State had the iron ore tights
on 0,000 acres adjacent to Rusk, but
did not have title to the property.
As .i result it has no interest in the
land and can not be a beneficiary if
the new Rusk oil field extends a-
cross the land.
Mrs. J. W. Acker of Tyler was a
visitor in Rusk Friday .
Mr. and Mrs. Leland Guinn and
ehcildren of Port Arthur spent Sun-
day her.1 with relatives.
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Daily Oil Bulletin. The Rusk Cherokeean. (Rusk, Tex.), Vol. 1, No. 6, Ed. 1 Monday, June 11, 1934, newspaper, June 11, 1934; Rusk, Texas. (https://texashistory.unt.edu/ark:/67531/metapth291650/m1/1/: accessed March 19, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Singletary Memorial Library.