Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-07-19
OIL COMPANY ANNOUNCES
CUT IN GASOLINE PRICES
Reduction Due TO Little De-
mand for Crude By.
Products.
FOREIGN TRADE FALLS OFF
hany Railroads Have Conf Enough
tn Run Them Til' September 1. hut
Other" skate on Exceedingly Thin
Ice
FOREIGN TRADE FALLS OFF
Hy ". J.. nnrnuni.

NEW YORK. July ls-As far as
the European situation was con
cNrned. Wal! street was greatly en-
courased over the news that Franc.
mad a, last agreed 10 cutting down
the rtpara:ions payments. Il ~ true
mat France wants something from
England IN return. But up 20 the
present time France has not been
wiling 10 give IN an incn. standing
out FOR every franc tina, Germany
owned her.
Sinclair Consolidated again sprany
sensation by announcing cut Of
"a cents barrel IN crude. tho second
25-eent cut in less than week on
men say mat while there l.. u record
demand for gasoline there IL no mar
k"t for tn" other finished products
MAIDS ~ crude, hnd that CaSoltu.
axes only from 20 20 p"r cen, Of
'ne cT"or We can 60 ahead max
ing Raso!n" 10 sol! even a, 40 ,-nt.
gallon one oil man remarked to-
dar. and keep on asking VIVA, v.
are going 20 do with the res, Of mi.
crude. from which - made lubricat
ing and fuel oil, soap and thousand
and one products However IT viii
not be Sinclair Or the Standard OH
Companies that VIII no hurt by the
eNis In crude. they wlll 20 on jur
'he same naklnK hlEh-priccd gaso.
Inc and le. tho ll;,le crud. OH pro
queer do what h" can about the fre.n
drops IN crude prices.
Today's foreign trad" abatement,
!of June shows imports ~ S25O.UoO.
600 asa.nst s2ds.ccp. 900 FOR May and
'lS5Hho,ooo 'or Jun. Of las, wear. win
exports a. t37io0o.9oo. against .3os
"o"'ooo for 'nis May, ana 1896. ooo. 900
'o' June OF it- For tn" year i'm
ports were s. sc7 600 o0n araips,
s3.65a00o 9I0 FOR lral with e,nor,,
l3,1Ts 900. 900 against ,s5iso6n ana
That ia big fsllin, ~ ~ ~,
e.gn trade
Souo Road. u,,c Ii,,I, ca,
som. az Tho NO r.i,o,dy
co,,,,r '""H "' 'he
.""E" ''"I I" run tn"m
d., y. 30. ar" s"ai NIX
,ar-. 'rt''dihS !" M
.h,u.L ~ ''HaN "n.eh
cosl 80 .',",' h'a only enough
,,., .h' J"'t = ROCK Island
"a, 80 - .'h s'" ana Hurting
,.po,,s5 l.''h"'' +"'rai wa.
p"''f" az ma l"s enough coal TO.
=" '",.' A"sust 10. vim Penu.yl
tSh'a baltimore nud ohio. Reading
J"rsNE central Sow Haven. enough
, 20 !h'' untH August - : Pau.s
supply i' sHfic!Nnt until August
Ere Laeka"anaa, Louisville. Nor.
,o!H and Western 'h.Sap... and
: ohio, Delaware and Hudson t.,
sipp!s untu September w.tr N.w
YORK D"ulra, supply pond ur,jl Sa,
Toner These avu-es of con-..
do nol ,ak- .nto accovn, -.
on the way ,o ines. -o,sa a. 49,
wh cE VIII DC sh.yo.t m ~.
tgrc
Attorney Genera, D,.-b
BUSY win ,ba -,''. 50
s;!ihe Situation. W. ~ 900.
ov"r n. Nrayttnr.n, h"'"
decision WI! b. hanJ.S 49,, -
proposed merger -. ~" ~
steel companies for ..yo-.I
was predicted ma, it.I,
hitting tn. ,n.,r.-s I ''" pt''
out by DAurh.riy h.,c,, 7''''
Speculate I'm ,.r,, W.
some OF ON .traud
pcoplc ar. AGAIN
au Interest In IA, c.,,N an"
speculation s.v.r,l a.
have already h..n ,r,dn -.
street spAcul.,lon in -, 49,
marx nm, so. =. "l"'.
the mark can a.. ,lu,n. 81
long ride AZ r.,r,, IoH-'
in thu a,.i,ud. =,
rern!, a ora.ric s'.,1r No. WI.
German r.n.,,o W. F." ~ INC
on. l.ordn,, 49,. t