Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-08-12
Development By Cities
Service Company Shows
Increase During Month


ton BE offered tulay Go follow The OPP
ute course
The Financial Mould Investment So.
Ni.' uu the present - the tame on Win i
Go make investment hus the lulluNiuE
a. HiA.
The statement thu there ls mot
much probability ~ material tlm 40
iuunry hDluI' neat January nae" hpp n
g. ~" lnNv Ten aH u gutd r'isuu iug
d,fptriug pui'hns's II tuud4 co. stu, ~
until fho end W ihn N,ir. Ihia o. quite
u.t iil assumption bat 10 ls not Ni.r
Go uD upon % Wh.u srDuiIiir. uI ,
t.hib ,huap the iuoHu, return hlgt.
uud me iEu' o. favorable. Gee sight, 2
iI'u a. tl,il buying several HDuths Doe
fore thc rsp',trd conditions actually
HIielr Tiny ,nuN that li thr, pus'
IuuD purchase until thc Improved sl .
uAtiun hvruiups visible Go the rank aud
filu they Win ha,, g. du thrII huylul
900 cuiIp tiii,n with many others which
u"aus thpt they vii has, 90 pas high, o
prices lur tbtit securities Therefore
tnr mort Hgr,r- iul operators iuk, uI
UWtlr" ul prriuds uf dullnrss and dr
pIcr..uus o. accumulate their illness ii
IN b''Hus, oi this exercise ~ foresight
that Wc frequently see o., stnth col
uund markets ,uu. ping steadily upttI I
tur % Ions p'ii'd. When surface mllcl.
tiuu~ aiv anything bat satisfactory ,r
inspiring Thus Early buying represent.
true and sri'utiur specs ulliion. ~ uu.
lH"s'd tn th" absurd attempts q uu
pi@il'ti'd pcun' a. speculate uu vat -
hnuwn, u Tat contradiction ~ terms
Wat is popularity designated ls "spo,.
ultilun' be- 900 min, eases out Il ten.
nuihink hut gimh'iuE un tlIriuiiIuHp.
rms iuim 90 pluiiuu~ Viii tul as tI'.
GurnuN as really intelligent speculation
Nhl succeed .th'i u tu slA. iu great
majority ul cases
oil S,urities.
p,epi', th,. ir,rt,sr ot lu-. NGN I,rrol.
u daily ul prudY,ti.p and nf gf,N-I
uafr,lS On dtii, ruuuunp,iuu .iur. Last
August combined With substantial ,d.
.au,,s i1 the price of ,rul, .nd refined
20 there has hr,u ID htg decline iu th /,
prices uf active ull securities ,rrurdiu..
leo bow Iuup. a tuuuin, Tni. nd.
.hurity stui,s ih.t the, .,t.urt'y ia.
rlinps in the fec. AZ enumeration IN y.,t.
urs II al and uu pr,-iI,t4 have i..t,
due iu i,,.hinla m,t.ot ,np,lii,,us .t
IN ether vur,ls that tie si.rl. .r ,,.l.
established pI commands .t,, r,,,, s.ll.
ng tar below their actual tslu. ,uu.i,l.
cred in relation tu the prup rite, owned
and that a change f,.f tho s,'f.. ib tr,.h.
meal seymt, market conditions r i.
pia,ti,tilt certain that the ru i.au
AIN D., th, leader. lu fH,. .d,ar,.t.. Tb.|
.Urr,nt c,p.nSiuu iu th" uiI TRADE, start
81 lust about Il war rguB aud A. sim ur
ier fgll hsadWry. with Indications pYiut.
me- tu thr resumption uf the upper
trend ~ prices iu uu auI on pr,slirts.
although th.s. ha,, h.ru sittiousr, for
the last Few w,chs Dow. Jones A com
many .iyr IN. fnlHwiur ,.ttDtis,r.
,isii,. a. the expansion I'm a., oil bti..
mess since August 1913.
Production 81 crude ed has increased
rom d.ily ,t"ragr ~ i.nsI.i3. barr. IL I
to I. isg 600 harris. which thn dan, az. I
"rag- 81 consumption has increased |
from ,Nissi bHrrrls 10 snn.sis barrels. /
The average daily production - gus.
hnc has Increase iruu li.iIiips sai |
Ions to /. .gsssn gallons. while the dai /
y average consumption 81 gIgnlin. has
INCREASED from i0.isH gni gallons Ia Il !
,ss.ssi gallons The exports of mincrpi :
u have increased frum a daily average
& 5.is7. $50 gallons Ia s.5gs.t0s gallons
In Lie a,n-iiur. the price IL pcuns,l. .
wants crude uil has increased s.iU u !
srftl. the price ~ Illinois Oh his in I
creased tl.s lafrpl. the price, q Mil. .
ointment 80 hnS increased ki.5 l.,t.
rel. the price q Gulf Coist ul hn~ In /
fcuF,sl !. 90 q barrel the prio. of hpn. #
- Cnddu Oh has lnrgoa.s-l si.-s "A bar.
81. and the price ~ wyoming uil ha,
Increased s. % barrel Quota'lupS
gaso'in, gallon at wholrrllc I'M "a
increased 90 cents "a gallon In N,,y 7
sofk. CENTS in Chicago. 81 cent. IA /
kansas city . cents ,n Denver sfl
ents in St Lou. and 3. cents m Min |
ncapolis
D.riug this sNppnsinn ~ N, al buY.
mess and the consequent large incr,a.,
~ ql0iailon- 10th ON crude 81! ana 90 4
u pr,siurts ten - thu most active uiI |
eocks list-d on the New York Sto,,
Erchaug, have, decrease in marx /
price fr1m igi, n.r cen, a. 20 ,,rr".'o,
was an average dp,lir. tr market prtr...
4 thrs. ten stocks Al altlost .. mr.
rHt The vhurtarp iu Du h. vDfIJ ,yi,i..
md uIrldLs vtuks a.. being dopl,t,,i
60 orlor to meet the current demand
according tu ~. authYrif, piio., uIi..l. 4
u A. long us this ruu,,iiou continues.
2 b. certain that higher prices fur oi
nl - urslu,ts must ID. reached Tn.
world " lds shortage H. due "a the trcrt
increase iu onurluiptlo. prt,.it,,Ii. h.
aus - thu insr,.,g.,l tl... - a.. t,,...
Ial rumlusfion engine. hut high rosi 4
- development and m,rk.,ing -, r,,..
iurtiuu An inr,tsp ,,.Irtr,,.. 80, ~.
is-,n "a factor In ndittl,n fh. tu..i,.,
itlntiun h continuing 4. biyb rri...
- control ~ tho i,us.i,p folds IA ,b
BolshcNlk h. hakiur ufartis.,tlv ~
aiuc effect a. had the ,.tr ir t,l,,tt..
ne worlds al drirsnl ga f,. Af'..,i,.,,.
petroleum indusiry
Mar Outptu AZ Refin.,ie.
Crude uil run Ia rsiInar,,. la ID.
United SET. ...,.tJi.i...t