the States of Louisiana and Texas is a prob- As in the case of the Beaumont field, property values lem which remains to be solved, but the results wh.ich have risen to fabulous prices by reason of the dis- covery, land selling as high as $30,000 an acre, which have thus far been obtained in sinking… … varies considerably in width. The what oil operators claim to be a rate A LAKE OF O%L. of probably 30,000 barrels every 24 most important developments in the eastern section of the oil-bearing re- hours. Heretofore few signs of oil have been found in the locality, ana gion are at Jennings, which…
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