San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-10-07
Natural Gasoline AbA
Only Exception to, 4
Price List.
FUELS SAG SLIGHTLY
Some Concessions Are Be-
ing Made to Buyers by
Some Refiners.
Tulsa, Okla, Oct. s.-An irrasular

Tulsa, OIa, Oct. o.-Au irre6ui@k
tone prevails in the Mid-Continent
oil market. Within the last week, the
scarcity of natural gasoline iIs con-
trast with a more plentiful supply
of straight run product have cdnbtn>
ed to bring about mixed trading. But
in spite of the larger. offerinQ n
New Navy gasoline trading has taiI-
en- off somewhat. The market - dull
at this time.
Following the furry, which l(bted
during September. in gasoline tf14tno
which carried the prices OF. New
Navy to z cents a gallon, the deoland
has apparently lessened, for tekero
this week have shown dispodtion
to purchase only at CONCESSIONS om
the prices of last week. How6ve1<
the dizziness in natural gasoline 44kad-
ing has been caused mostly b., 81
scarcity of supply. At this time the
latter is l cent to 1 IL cents h4Iber.
While the Withdrawals from stofao9
in the las: two or three months had
established the foundation for q rts9
ON the slightest provocation. n the
ratio Of operations at Mid-Continene
DldIlS NJ $50
same level at the beginning OF Qcto-
Der, as at tn beginning OF Septem.
Der appears to have again created
small surplus not readily mark43abie
so long as the buying is at towef
ebb.
May Sell at Retail. .
The report that one of the large
refining companies in the indoor
4. II l. =. - nx,ta <kA
distributing business on large scale,
having offered gasoline on contract ae
IL cents under the tank wagon
in the Standard OF Indiana territory
because of its planning to enter that
area on a large scale, has been the
principal topic of conversation in re-
filming circles during the week. Inc
bearing that these transactions would
have on the market would be- to
further unsettle the market structure
for this is by far the largest margin
being allowed to operators OF filling
stations.
While trading has been morq or
less sluggish in the last week Il 10
believed that this is due to anticipe-
ton of the decline in motoring which
begins TO occur during October.
New Navy gasoline has recededsQne-
quarter of cent as compared with
last weeks quotations. Some guam
titles are available at 8 IA cents .
gallon. It is being freely offered
however, at 6 ~ cents a gallons In
quiries are fewer and the volume OF
trading has declined. The bulR OF
the trading has again been made for
immediate delivery.
The 60-62 product is quotedr at
s IA to "a cents a gallon while
at 54-66 grade 375 end point H. be-
ing quoted at 0 IA to 0 81 but
scarce at these prices. Some ofs,thiS I
grade was purchased for exports but )
not in large quantities. The 500 end
point product is quoted at to n IL
cents. Because of reduced PRODUCTION
previously pointed out in these scol-
umns and the seasonal demands nat
ural gasoline remains the STRONGEST
product of the refining list. The
Grade A product is variously quoted
from Z IL 10 8 cents a gallon. But
even at the higher price it is available
only in small quantities and one must
do considerable shopping to locate
the supply. Blends have also shown
firmer tone and in the last week
the 64-66 grade has been traded in
Z IA cents a gallon.
Kerosene Is Firmer. -
Considerable firmness prevails N
kerosene as the supply is not over
abundant. Nearly all grades have
been advanced about Is cent gallon
while the 42-43 Grade is quoted At 4
and 4 IA cents gallon. Many tsndes
have been closed at the higher figures.
although some of the 41-43 gradeSwas
purchasable in small amounts at 5
and 8 IL cents in the earlier part
of the week. The demand for kero-
sene is fairly general. The distillates
| have also shown some strength this
week. the $50 grade having been
sold as high as 8 IA cents.
Fuel oil has again eased off q
little. Not that quotations are great
w changed but some purchases have
been made at concessions. The sup
ply of heavy crudes which have ac-
cumulated since the restricted pur-
chasing BY the large crude oil agencies
and the recent. reduction in price et
the heavy grades of crude have had
a tendency TO slightly weaken fuel
One purchaser recently bought Al
hundred cars 1926 at 20 cents = bar
| rel, buyers cars. However. quota
tons prevailing are 81 IL to SIS cents
a barrel in sellers cars