The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1919-11-23
Our Refinery Plans

The initial capacity of our refinery will be s
900 barrels day. Its ultimate capacity will
10000 barrels, additional units being added
small expense
This is a PRODUCING as we'll as REFINIM
company and the combined business of PRODUd
ING and REFINING covers the greatest posi-
bility of very large profits to be found in the d
industry. With its production, which tl
Texas Eagle Producing Refining Company wi
have in large quantities, it not only is insured
crude oil to keep its refinery in operation, ID
adds the large refinery profits the income Oh
tanned from production. We in the positid
of farmer who raises his wheat, mills it
his flour mill and markets the finished prod
uct, taking every profit. All stakeholder
will share in all these profits But there is
known business that pays the immense profits
refinery does that has the amazing present an
future markets that await refined oil products
such gasoline, kerosene, dIstIliate, gas and IL
bricating oils
We could buy ample crude oil for refineri
The Texas fields production Is 100000 barrel
in excess of the combined refinery capacities d
Texas and Oklahoma. Hundreds of rich wells
North Texas capped, p;nched down res
the sand, with many thousands of barrels prs
duction held back for want of refinery facilitie
Owners of producing wells daily pleadin
with us buy their production. We would BID
we are sure of-our production and prefd
double to Single profits.
Some Refinery Dividends
The big and long continued returns from o
Investments and from refineries Granted adj
quate crude oil and honest and capable manage
ment, speculation is here eliminated. Refinerie
made the Standard Oil Company what it il
Twenty refining companies, including eleven il
dependents and nine of the so-ealled Standau
group capitalized at $475,000, o00 show tot.
average yearly earning of $225,000,000. Som
of the dividends paid by these companies for
single year follow:
Texas Company ........... % Pei
Cosden Company ACKNOWLEDGEMENTS. rs Pei
Atlantic Refinery lSZ Pc
Ohio Fuel & Oil Company .............22 4 Pei
Iowa Park Refining Company ....... 27A Pei
Wichita Refining Company. ........ 294 Pei
capacity of 1000 barrels, paying 274 per cen
dividends, is notable example of the fact tina
the independents longer trust doml
mated" In fact, the Standard Oil Company
aiding independent refineries, buying and deIiy
ering their products to help supply an always i'm
poverished market.
Refinery experience in Northern Texas show
that crude at $2.25 barrel, the refined produe
sells at current prices for net profit of SIS
per barrel. In other words, every dollar that
refinery pays out for crude returns them a clex
profit of more than 100 per cent
This stock is still at par. 1t will not be at pa
long. Refinery stock never is. Should you nea
lect this chance you will be sorry very shortly
Your stock should very soon earn bcak your GRID
ina investment.
A few weeks urged to buy Texas Eagle "a
stock at just urging you to buy TerR
-age Producing & Refining stock par. The Oil com
pany's stock is selling for half times il
value. Those who hold it will get their first diviep,
before Christmas. Now ask share in the pro9
perty of Refining company are building our RI
finery will marketing our products in Febru.r,
Dividends should follow quickly frequently and
Act promptly FIN out ths attached ass
and address to avoid mistaes) sew in you