Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1889-02-06
coAlEs. TANK LINE.

An Enterprise Which Will Make Yank
ton a Joining Center r0r Iiluminat-
ing OIL and Gasoltne-OppOsitIon tG
the Standard Company.
A few days ago a Milwaukee engine
pulled into Ysnkton q new end hand,
some iron tank car filled with refined oil
Upon it's sides was painted-"Ooates
Tank Line. No. AZ" THE is the first
step in an enterprise inaugursted by Il,
M. Coates, OF Yankton, who is reach
! ing out for the oil and gasoline business
of southeastern Dakota n contiguous
Nebraska territory. MIR. Coates has been
for many years engaged in the oil and
gasoline business here ss a wholesaler,
and his energy has pushed the business
to such q magnitude that he now finds
it necessary to enlarge his facilities and
has begun by purchasing IA tank car. He
will next baild tanks here at Yankton
for the storage of the products in which
he deals.
The business career of Mr.. Coates is
one which furnishes q rare example of
industry and thrift and their certain
oompensalions. Fifteen years ago he
borrowed money enough to purchase a
small stock of drugs. That was his bust.
ness beginning. From the start he made
money, paid off his indebtedness and be.
gan to accumulate, To day he has the
most completely QUILTED store in Dako.
ia in q three story double front block OF
his own. Seven years ago he began to
do q jobbing business in illuminating oil
and this has grown under his thrifty
business habits until he finds it neces-
sary TO add a railroad and tank storage
department. During his first year as a
iobber he handled 800 barrels of oil. In
1887 he handled LOO barrels and in 1888
he turned off 1900 barrels. What 1884
will do for him is q problem OF the
future, but his extensive plans give as
%surapce OF extensive deals. His business
succe IS in the rast warrants the belief
that this new venture will prove o sue
cess,
Mr.. Coates reliance is the superior
quality of his illuminating oil. His car
| will run between Yankton and North
Clarendon, Pennsylvania, where the very
best quality of erode oil is obtained. AS
his principal competitor is the Standard
oil company, which deals in
Ohio oil, he expects to gam
the treds of this section
through the superiority of the Pennsyl.
vsnia product. To convince the public
of the difference between the two it is
only necessary to state that Ohio crude
! oil costs at the refinery fifteen cents pei
barrel, while Pennsylvania crude oil
costs at the refinery ninety cents pei
barrel. This difference in price is solely
because of the difference in quality. Sc
Mr.. Coates will be in q position to al.
ways guarantee bic customers q very
superior grade of ell.
Having built q tank car he will be able
to lay the product down in Yapktnn
much more cheaply than by the old
method Of Shipment. This city will be
his headquarters and here he will barrel
the oil and ship il to his customers. He
has also put in q local delivery and vii.
supply home customers with his superior
olass Of goods. Now that this enterprise
is well upon it's feet We may expect &c
witness lively operations in the oil bust
ness of this section. Mr.. Coates expects
the active opposition OF the STANDARD oil
company and is prepared for it. He
relies upon the excellent quality of his
oil. That is what the people want auc
he is in q position to cater to the popular
demand.