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Show JAMES IS PLEASED WITH DEVELOPMENTS OF LATE AT WFU TALKS OPTIMISTICALLY OF PRESENT LAYOUT When asked about the James Oi 'Veil this week, Walter James gavr c::e of the most optimistic report. on the situation that we have ye' heard. Not only his words, but his appearance indicated that he war -horoughly pleased with the present developments. Mr. James said that the depth of the well is now at 33G0 feet. At that time, (Tuesday), they were hoisting water out of it in order tr resume drilling in the dry. The wel" is cemented all of the entire dept! of the 3360 feet- "The symptoms arr very good. It looks as though n ire going to have an oil well," sail' Mr. James. Testing by fire is now a dangerous procedure as it has beer -aid this week that a flame ignitec' 'he bottom of the hole and causec' a fire that was hard to get extinguished. ex-tinguished. Mr. James has displayed a serene confidence in the well all along, ilthough there are many here whe ire more doubteful. If the well doe: come in at that depth, it is morr 'han likely that it will be a big one Mr. James will then be hailed as r oublic benefactor, but at presen' people verge from non-committal tc 'rankly dubious. |