The herald., 1896-06-10
Local, Eastern and Foreign
Commercial Dealings
WALL STREET SPECULATION
Pusnte Refined Oil Wins Warm Words
Of Praise


The Puente OIL company Is now turning
oyt from their refinery. here illuminating
STATES and far a saparor to Ike oil oil which
the Standard on company has had on the
market here for months past. The 81
burns with cleav steady flame In ali
lamps in common use. and as the fire test
shows. is perfectly safe. Mr. Scott, the
business we'll, He uses process strictly
his own, being a discovery made by him
humber of years ago and preserved and
cuities encountered by refiners of all Call.
fornia oils. and Is putting the CHINO oil
on the market beside the best brands OF
sIustre OIL In use In the Champion Of
noe. gives very satisfactory results. Char
red wicks and Smoked chim5neys DO sh not
pents were m9de from here In the early
days of the refining operations which did
not meet all requirements. But this is now
apparently corrected. and no more trouble
y anticipated. Chino oil promises to BIO
noted as one of the very best brands OIL
the market;-Chino Champion,
about as directly as 1t does morals or the
fashion. The manufacturers and mer-
fnanrs MIND y Kept t. on a strained tensions
or at least to keep them from getting the
better Of him In business. The app1ica-
p the ersay
copper mining to revive into unusual. ac-
tivity at bound. The use Of the wheel
Usual demand = op naa rbbe ass ana this
commodity Is becoming very scarce. Tho
g., Louis Shoe and Leather Gazette. says:
eyer crude rubber goes up it is sure to
come down again. But after such a
marked advance as has occurred re-
Is apt to be concerned about the date
for decline. The situation is that
there IL q definite amount OF Para rub
uxer fatt 1AAa ttpns. lie ttsxr..
Of the year, with no more Forthcoming
until the beginning Of another crop. Thu
problem Is who VIII be obliged to buy rub
are usually supplied ahead with rubber and
nothing In the present conditions OF tho
trade warrants such activity as would
The same is more or less true of the me-
qhanical goods trade Certainly manufac-
turers who are short Of rubber Will not
buy at present prices to make goods to
I'LL their stores and prudence would de-
ter them from pushing the sale of pro-
duets for which rubber had to be bought
at the top of the market. The chief actiy-
ity In the rubber industry just now appears
TO be In tires. but here even the best in
"a ARE at sea SEA as TO ne RE-
the season. 1t may be said to rest with
this class whether the consumption of rub
Der for the summer months will be SO
great as to cause greater advance or SO
limited as to permit the market to become
easier. In the crude rubber market the
existence IS denied OF all speculative ele-
ment farther than il involved In the very
nature of buying commodities with view
to their sale at a profit. Leading manufac-
turers seem disposed to concede this, so
that there is room only for the inference
that the rate of the worlds consumption
has really exceeded that of production, de-
spite the largest output for year yet
known. In the United States there are
indications in abundance. that the volume
OF rubber manufacture has been main
tanned. without taking tires into account.
One leading concern assures US that within
year past they have made more goods
than in any similar period before. while
other companies report having at least
kept up to their former figures. There are
In Europe and especially OF an increase
on the continent showing that consump-
ton Is not TO be Judged alone from the
conditions of American manufacture.