davidaulloa/AmericanStories huggingface dataset:
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Wheat Conference
Session Postponed

LONDON. May -. UP - The
world wheat conference was forced
to postpone today's plenary session
until tomorrow due 10 the inability
OF its subcommittee TO complete
work on the proposals for solution
Of the international grain crisis.
While no official woro was per-
mitted TO leak from the committee
rooms. the general impression
among observers was that the COM
mittee was deadlocked on the di-
vergent plans suggested by Rus
STA and the United States.
The postponement emphasized
the diversity OF opinion regarding
export quotas and how they shall
be calculated.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Oil Well Remains
Out OF Control

CORPUS CHRISTI. May 22.-Fl
The Houston OIL Companyis NO.
2 Lawrence wild gaSser. which blew
in wild Tuesday in the Saxet field
west Of Corpus Christi while being
6eeDened. still was unchecked to-
Cav The flow of oil had increased
~IiehtIv. Wreckage had been clear
ed away as workmen prepared 10
attempt to cap the geyser.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Cleaning, Pressing
Place Is Wrecked

FORT WORTH. Tex, May %. Up
Another establishment OF a clean
ing and pressing chain active in a
price slashing war here was wreck
ed by an explosion early today.
M. Z. Roberts. proprietor. said
his explosion insurance policy had
been cancelled yesterday because
the company holding 1t considered
him a bad risk
A milk deiiveryman saw a car
drive away from the place a few
minutes before the blast.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Can't Wear Pajamas
To School Classes

OAKLAND, Calf, May %. Up
II. II. Cousins. high school princi-
pal. Is a conservative on feminine
styles. Seven OF his feminine stu
dents are liberals.
When the girls appeared for
classes attired in pajamas they
were ordered 10 90 home. Mr.
Cousins said l-e would not permit
the wearing Of pajamas unless 9TH
er schools in the city did SO.
w. S. Owens. superintendent. re-
fused to interfere. but said he per-
sonally approved OF the informal
attire.
Today the students set out with
the avowed intention Of persuading
girls Of other schools TO adopt the
mode.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22

454.3--WEAF (NBc)-6e0
s:oo-cene Austln-Also wwJ wSB
KOA KGo wENR wDAY KFYR
6:t5-Laws That Safeguard - Also
WGY Voc WEBC WOAI KOA WJDX
WDAY wENR WOW and coast
s;se-Tsd ,rsis, cIcwns1AlSo WyGGYY
wDAF VIZ wHAs wBAP WAX
WSM VINO wSB WAPI WJDX
wsMB KITS woA wKY wTAM
WTMJ WOW
e:oo-To De Announced-wEAF chain
e:ls-varle,ies-Also wGY WAN
wsMB wJDx wHAS wOAI wKY
KOA KSL WBAP wEBC KPRC
wDAY Kvoo KFYR and coast
~6:3o-SIiver Flute - Also WGY kSD
WDAF WOW WV wSAl
WV WHO KsD voc wDAF wKY
KSTP wEBc wHAS VINO WSR
wAPI wSMB wBAP KPRC woAI
KoA KSL WIS WJDX and coast
s:00-Rolfe orch.-Also WTAM WV
wGN KsD voc WOW WDAF WTMI
KSTP WEBC WHAS VINO WSB
wKY KoA KsL WDAY KFTR and
s:oo-Troubadour OF the Moon - Also
Voc WOW KSD WGY
s:fs-kemp's Orchestra - Also WV
wGY KsD Voc WOW wDAf
s:45-Jsek Little - Also KSD wsR
voc WGY WOW WDAF WV KSTP
KPRC WKY
fo:oo-AIbln's Orch. - Also RPRc
WTAM KSD VINO KOA WSB WGY
WOW
34s.6-WABc (cBS)-se0
500 = Morton Downey - Also WADc
WAIU WBCM WLAC WBRC WISH
WTAQ VIGIL WCcO KScJ WHIT KOHL
kFH kFJF KLZ
5:f5 $50 vecsey's Orch. - Only WADC
WAIU WBCM WLAC WBRC WDSU
WISH WTAQ VIGIL WCCO KSCJ
WHIT KOHL XIII KFJF kLZ
e:oo-Pryor's Banc-Also WADC Wink
WKRC WcAH VIXEN WNYZ WSPD
KFH
Sis Ben Alley & Am Leaf Also
WADC Wink WAIU WBCM WBRc
WDSU WISH WTAQ WFBM WGL
WMAQ KSCJ WHIT kMBC KOHL kFH
KFJF WACO
$50 - siIversmiths ~ Also WYE
WMAo KNOX WRR
6:45 - Mary Charles - Also WAIU
wBCM WSPD WLAC WBRC WISH
WTAQ wFBM wei NCCO kSCJ
KMBC KOHL XIII WACO
7:oo-Atiantic City E7tertainers-Also
WAIU wBCM VIC WBRC WDSU
WISH WTAo wCL KSCJ WMT
KMBC KFH kyJF
ESQ - Radio Forum 49, Also WAIU
wXYZ WBCM WSPD WLAC WISH
WTAQ WFBM VIGIL WNIAQ KSCJ
WHIT wNAX KOIL.KFH KFJF XII
B:OO-Show Boat-Also WADE Wink
wXYZ wBCM wSPD WLAC WBRC
wDSU WISH WTAQ WFBM WGI
wCCO KSCJ WHIT KNOX kMBC
WNAX KOHL KFH KFJF kLZ
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
south TEXAS
tContinued from page ID

Continued from page -
Cara. Kent, ~Stonewall. Haskell,
Gaines. Dawson. Borden, Scurry,
Andrews and Martin.
Twentieth: Sterling, Coke, Run
nels, Coleman, Irion, Tom Green
Concho, McCulloch, San Saba,
Mills. Lampasas. Schleicher, Men
ard. Mason, Llano. Burnett. Sutton,
Kimble. Gillespie, Blanco, Val
Verde. Edwards. Real. Kerr. Ken
dall, Bandera, Kinney and Maver-
lex.
other Valley Counties
Twenty-first: Comal, Guadalupe,
Gonzales. Wilson. Karnes. Atascosa,
McMullen. Live Oak, Bee, Goliad,
Refugio. Arkansas. San Patricio,
jim Wells. Nueces. Kleberg, Ken
nedy and Willacy.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Urges Closing Down
OF Oil Production

DALLAS. Tex, May %. Pl-T.
p. Roberts OF the o. r. w. Oil COM
pany of Dallas. heading a group Of
independents. has urged, in a let
ter to the Independent Petroleum
Association and the major COM
panies, shutting down crude oil
production in the United States.
The move, as outlined. would be
temporary or until the "demoral-
ization' Of the oil industry has
been adjusted. II would be &C
companied by the voluntary res
friction Of imports.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Accidental Shooting
Fatal To Freshman

WACO, May %. NJ William
Maxberry, Is, Waco high school
freshman. was shot and fatally
wounded early today as he and
Richard Thompson. IS. were exam
lining a small calibre pistol at the
Thompson home, before going TO
school. He died as he reached a
hospital. A coroner returned a YER
dict holding the shooting was &C
cidental. The youth was the son OF
Home T. Maxberry. former minis
terial student at Baylor University.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
LIQUOR Haul

Mounted Customs Inspector Jim
collins seized s6 pints OF mescal,
= roadster and arrested two men
Thursday evening at the Arroyo
Colorado bridge.
THE men were brought here Fri
6av morning and charges were flied
acainst them before U. g. Commis-
sioner =. X. Goodrich
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22

wMAo wcco KscJ WHIT KNOX
KMBC KLRA wNAx KOHL VIEW
KFJF WRR KTRH KTSA WACO XII
KDYL and coast
s:3o-5ernie's Orchestra - Also wADc
WET WXYz wBCM WSPD WAC
KSCJ WHIT KMBC wNAx kohl
KFJF WACO KLZ
fo:oo-Renard's Orch. - Also wADc
wBCM wSPD wLAC wBRC WDsU
WISH VIGIL WCCO KSCJ WHIT
KNOX KMBc WAX KOHL XIII
to:3o-Ann Leaf a Gen Alley - Aiso
WISH wGL wcCo KScJ WHIT
KMBC wNAx KOHL XIII WACO
3s4.5-WJZ (NBc)-760
5oo-Amos-Andy-Also KDKA wJDX
WHO'D WCKY wJR wLW VICAR
s:so-Pnn Geek = Also wE5c KwK
WREN wTMJ KoA KsL WHO
wLw wsM VINO wsB wAPI
wSMB wJDX KTHs woAr KSTP
WENR KFYR wDAY and coast
5:S5-Boswell Sisters-WJZ Chain
6:0o-choeoiateers-Also KwK WREN
kFAB WJR wLw KDKA wENR
$40 Pollock 4 Lawnhurst = Only
KDKA VICAR
e:a5-The caribbeans-Also WREN
7:0o-Jones and Hare - Also kDkA
VINO. WREN KPRc KWk WsMB
WFAA KSTP WHAS KYW WEBC
WcKY wSM wSB wAPI WoAI KSL
KOA wJR and coast
WJR KYw WREN KSTP WEBc
VINO wSB wON KOA KSL wKY
WHAS wJDX wTMJ wAPI KWK
WSM WLW WSMB VICAR n coast
500 - Quakers - Also kYW KWK
KPRC wJR WTMJ WEBC WHAS
VINO WBAP WCKY wKY KSTP
KVOo WREN and coast
s:3o-cIara. IL and Err - Also wGN
KDKA WJR WREN KwK wLW
e:t5 - Raeamuffins - Also VICAR
WREN KDKA WENR
e:0o-Nlqht Air Attack on New York.
WJZ-WEAF Chains
wMAo KwK WREN wDAF wTMJ
wHAS wSM wSB wSMB WKY
KFAB KTHs KPRc woAI KOA
VINO WBAP WENP and a
e:i=Topies In 6rie! - Only VICAR
wIR wENR KwK WREN wDAY
KFYR
$50 LIohs Opera : Also VICAR
1000 ksmp's orch. = Also VICAR
WREN KWK
1880 - Funk's Orch. - Also VICAR
WREN KWK
TRLEVISION
WsxAP-aooke CWMAo-s7oke)
5.s0-Hal Totten. Sports (Sound)
5;~iS-Cartoons N5m.)
7:00--artcons (50m.)
WexAo -2oooke (WIeo-56okel
6:30-cartoons (30m.)
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Political Situation
Remains Unchanged

BRUSSELS, May %. Rl-News-
papers agreed today that the politi-
cal situation remains unchanged by
the resignation Of Premier Henri
Jaspar's ministry yesterday and that
another Catholic liberal cabinet will
be selected.
In view Of the fact the crisis a.
rose over personal and group diff
ferences, affecting no change in
policy, the formation Of a cabinet
under a new premiership was believ-
ed TO present no serious difficulties.
etopply, VIVA
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Texas Company Is
Favored In Suit

TAMPICO, Mex. Nav 2. CFl-
A decision in favor of the Texas
Company of Mexico. an American
oil concern was rendered In dist
rict court here yesterday in a suit
for approximately $3.50 filed
by a Mexican citizen.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Gomez Rites Held
4:30 Z. vi, FRIDAY

Funeral services for Mrs. Juana
Gomez. who died Thursday nizkt
at $50 at her home l4l5 Mckinley
street. will be held in the Cara
Undertaking parlor Friday afternoon
at 4.30.
She Is survived by her husband.
Victor Vidal: her parents. Mateo Co
mez and Tomasa cavazos; tn. x
brothers, and four sisters.
Interment will be at the city
cemetery.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
City Briefs

From Dallas.-Mr. and Mrs.
James Faulkner OF Dallas are Wis
iting in the home of Mr.. and Mrs.
Barry Holcomb for several days.
The Van Heest Shop-l''rniture
repairing. refinishing. upholstering.
1909 Thirteenth Street. phone
l054-J. Adv.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
4s4.s-wEAF (NBc)-6so

454.3-WEAF (NBc)-66o
6:oo-MsIor 6owe's Family Also
WV WENR VOC KSTP WHAS
VINO WSB WSMB KOA and
6.oo-oreh. and cavaliers-Also WOW
kYW KSD WDAF kSTP WTMJ
WKY Voc wEBc KoA WOAI WSAI
WTAM WwJ wFAA KPRC and coast
TOO - Eskimos - Also WOW WSAI
WHO KSD WwJ WDAF woo WGY
7:3o-String ouartet-WEAF Chain
7:s5 saM Get Rich - wGY KGo
WENR
s:oo-Week- End Prorram-Also wwJ
KSD WTAM WSAI WOW WESR
s:so-Thestre Of the AIr-Also WV
wSAr wENR KSD wDAF VINO
WISE wSMB Voc KTHS WoAI
wKY KOA WOW WTAM KSL
wTMJ WDAY KFYR and coast
s:oo-Nlqht Air Attack on New York
-WEAF-WJZ chain
s:so-Lopex oreh.-Also voc KSD
wWJ WSB KVOO
to:oo-PhI spitaIny's orch. - Also
WGY KYW VINO KPRC
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22

A new baggage carrier for auto
mobiles can be folded into the
spare tire carried on the back OF
the car,
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22

Persons reported missing last
year in New York City numbered
o 200, including $500 boys and 2450
girls.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
FRIDAY, MAY q
IN &c Associnted Pressl

TBv The Associated Press1
Central Standard Time. r. NJ unless indicated. programs subject to last
minute change BY sauons)
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
Radio Features for Friday and Saturday
As4.s-WEAF (NBc)-6eo
May u

Central Standard Time. P. NJ unless indicated. programs subject TO last
minute change BY statons)
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
BROWNSVILLE

CONTINUED from page ID
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
TRLEVISIoN

WsxAP-2ooke (WMAo-67oke)
5:ao-Hal Totten. Sports (Sound)
5;iS-Cartoons I5m.)
7:00--artcons (30n.)
WexAo -2oooke (WI6o-56oke)
6:30-cartoons l30m.)
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-22
TELEVISION

WsxAP-2sookc CWMAo-67okel
5:30-Hal Totten. Sports (Sound)
5.45-CaTtoons G5m.)
Publications. (50m.)
WsxAS-2cocko (Wl5o-56oke)
5:o0-Wesley Long G5m.)
6:30-Cartoons C3om.)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-02
BONDS IRREGULAR
!. IN QUIET MARKET
4.-4.
Ha-r4t4#
Strength Is Shown in Foreign
Group-RaiI List at Low
&C. er Levels.
BY ALEXANDER HENDERSON,
Associated Press Financial Writer.

Associated fTeS5
z. NEW YORK, August Trading in
bonds today was of the familiar week
end proportions but the market was far
from being routine, although the price
trend as a whole was irregular
The outstanding feature was the gen
ersl strength in foreign obligations.
Austrian rs at one time showed a gain
of points some of which they lost.
German 5l2s and Is both gained major
fractions Belgian Is of 1856, Chilean
6s of 1860, Norwegian 6s, Polish rs and
Uruguayan IS experienced varying
degrees of strength. The interesting
thing about this movement was the
moderate turnover. The German 512s
end rs were the two most active leans
and their volume showed decided de-
crease from recent activity in them.
Moderate volume recently has been
more or less simultaneous with declin-
ing or at least uncertain price movements.
The movement of other bonds was
much less certain. Fluctuations were
unusually narrow and both public util-
ity and railroad issues were plainly low
er. Industrial loans were firm or high
or in most instances.
Chicago & Northwestern 494s Of 1929,
Missouri Pacific series F SIS. Baltimore
e. Ohio 4 l2s of 1860 and Columbia Gas
g. Electric SIS of May 1852 eased CT.
Most of the issues to decline were no
more active than recently. American
Telephone debenture SIS CT 1865 and
st. LouiS-San Francisco 412s OF 1878
were active and steady.
The Cuban treasury department has
maid 81 600. 900 to the Chase National
Bank for amortization of Republic of
Cuba 51as due in 1881 in addition to
$4,000, 900 previously paid. There re-
mains to be paid $2.250, 900 to complete
payment of bonds due this year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-02
PREMIER UTILITIES !
in STRONG SHOWING
Earnings Stability Revealed
by 225 Companies During
Past Three Years.
Special Dispatch to The Star.

NEW YORK, August 1--EafningS
stability Of high grade utilities is strik-
ingly illustrated in ar analysis of ratios
contained in the 1891 Utilities Manual
published by Moody's Investors Service,
according to a survey based on a study
of 225 companies, all of whose bonds
are rated A or higher
Fixed charges were earned by these
companies, after allowing for deprecia-
ton, on an average of 1862 times in
1890. the compilation shows. This COM
pareS with an average of 1853 in the
preceding year and $50 in 1928, and
provides conclusive evidence, according
to Moody's, that protection for gilt
edged public utility bonds is both ample
and remarkably steady.
of the 225 companies. rs, or one
third Of the total, had higher margin
Of protection last year than in either
1929 or 1928" the analysis continues.
This In itself Is an excellent record in
depression year. Nine others showed
ratios higher than in 1929, but slightly
less than in 1928.
Stability of earnings, especially in
periods of depression, constitutes one
reason for the favor enjoyed by utility
bonds at the present time. For 10 years
prior to 1891 railroad bonds rated AAA
consistently sold on a lower yield basis
than AAA utility issues, but during the
last months the reverse has been true
Highest-rated railroad bonds are now
below their 1927-1928 peaks, while COM
parable utility securities are above those
peaks and at the highest levels
since 1919"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-02
Commodity Price
Trends of Week
BY H. n. McGILL.

Editor McGin Commodity service.
AUBURNDALE. Mass, August / (4').
Many price changes have featured
commodity markets during the past
week. Out of IA individual groups not
one held steady, advancing and
declining. 1t is interesting to note,
however, that the extent of the price
upturn in live stock, petroleum and
hides and leather was extensive enough
to Offset declining trends in other
groups, so that the index for all COM
modities at the end of July was moder-
ately above the preceding week.
Industrial activity has declined in re-
cent weeks and the present level is COM
parable with the extreme low reached
last December and early January. A
survey shows that for over seven months
business has been moving within a mar
row range, but at the same time show
ing considerable resistance to downward
pressure. Most basic industries are
operating at record low levels. This Is
not necessarily pessimiStic factor, as
limited production is in line with re-
duced consumption and will prevent
burdenSome inventory accumulationS.
A cross-index of the leading economic
bureaus of this country practically
unanimously agrees that the Fall period
will bring a material improvement IN
industrial activity and also in COM
modify prices.
All Commodities.
Noting specific changes in the fndi-
vidual groups during the past week, the
average for all commodities again in
creased fractionally. entirely due to
higher prices for live stock, chemicals,
fuels and hides and leather.
Industrial Prices.
Industrial prices were mixed. The
groups that were low we're non-ferrous
metals, ferrous metals, paint materials,
paper and pulp and vegetable oils All
declines were relatively small, and the
advances that took place in other
groups carried the index figure moder-
ately upward.
Agricultural Prices.
Agricultural prices dropped to . new
low point. Wheat has recently reached
the lowest price on record. Although
preliminary estimates indicated relative
ly large crops, deterioration due to
drought and insect damage will force
fully reduce final yields.
The high spots in other groups con-
sisted of sharp price recovery in Pc
troleum, cotton has steadily lost ground
and is approaching the lows estab-
lished last June, and copper has dropped
to the lowest point ever noted.
Important Price Changes.
McGill weekly price index-l926 aver
age-100.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-02
"Tin Can" Island.

The island of Niuafou, in the Pacific
Ocean, about 800 miles from Fiji, is
but 8 miles in diameter and Is shaped
like a ring. Outside the ring the water
is, OF course, salt, but within it lies
lake which is only slightly brackish. No
doubt the island is the crater of VOL
cano-a mountain which rises almost
straight UP from the deep ocean bed.
Similar volcanic craters lie upon islands
within the island itself, and these be-
come active every Is or 20 years.
Strangely enough, this queer island has
quite a large population. Its inhabi-
tantS number nearly 1900 Tongans and
a sprinkling Of Europeans. In rough
weather no ship can reach Niuafou, but
as strong current sets toward the
shore the mails are placed in soldered
tin box and thrown overheard, to be re-
trieved by native swimmers. This queer
kind of postal delivery has provided
Niuafou with q second name. It is
known familiarly as Tin Can Island.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-02
Trade Trends
By the Associated Press.

By the Associated Press.
Heavy Observation-Disclosures, bridge,
hydro-electric and other large projects
are among the proposed large-scale
operations noted this week in the field
of heavy construction, Engineering
News-Record reports. Projects for the
week reported in all parts of the coun-
try represent total investment of
$40,714,000, compared with $86,544 900
for the previous week and S48,876,00O
for the last week in July, 1880.
Lumber-Orders for lumber during
the week ended July IS were approx
nately per cent greater than the out
put of mills, Geographic reports from
S26 leading hardwood and softwood
mills to the National Lumber Manufac-
turers' Association indicate. Production
of these mills amounted to 203. 329 900
feet. Their shipments were Is per cent
above production A week earlier sos
mills reported orders ! per cent above
and shipments 3 per cent below produc-
ton of 206,052,000 feet.
Silver--Bar silver started the new
month steady, holding unchanged in
New York at 277a cents an ounce and
unchanged in London at Is pence.
Steel-Operations OF steel plants in
the youngstown district for the first
week in August will remain unchanged
at a. per cent of rated capacity, Dow,
Jones & Co. reports. Thirteen tin plate
mills viii roll for the Republic Steel
Corp. during the week, as compared
with IL during the last week in July.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-02
NEW YORK LIFE PAYS
$685.. 900, 900 DIVIDENDS

Over $35,oo0,0oO in dividends was
paid by the New York Life Insurance
Co to its policy holders during the first
half of 1881. bringing the total divi-
bends paid by this company since or
ganization, IS years ago, in 1845, to
over $685., 100000.
This record declared President
Thomas A. Buckner today. is all the
more interesting because the New York
Life, despite wars, epidemics, panics
and depressions. has paid dividends to
It's policy holders every year since 1847.
The total of yearly dividends has
steadily increase with the growth of the
company. While the company paid IN
dividends approximately $39.500,000 for
the entire period of As years from its
organization, in 1845, to 1890, the total
apportioned pr. dividends to policy
holders durin the single year 1881 is
S72, SOC, 900. 80 l..
During the first half of this year the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-08-02
CRUDE OIL BUYING
ON SHARP UPTURN
Output Decline and Big Gain
in Consumption Cause
of Great Activity.
Special Dispatch to The Star.

TULSA, August 1.-The purchasing
OF crude petroleum has become a subject
OF more concern among the large in
tegrated oil companies. Whereas six
weeks ago they were showing very little
interest in making connections to new
wells, today they are extending various
forms Of service to the producer for the
privilege Of buying current production.
A further decline In the output in the
Oklahoma City field has stimulated this
activity.
Purchasers are attempting to offset the
deficit that has occurred in their runs
In the Oklahoma City field partly from
increased purchases in the new East
Texas area and from inventories. -Four
important companies, Standard Oil of
Indiana, Sinclair, Standard Oil of New
jersey and Continental Oil, which were
purchasing approximately 10000 bar
rels daily at Oklahoma City, have re-
duced this week to less than 10000
barrels daily. This is because producers
had refused to dispose of their oil since
cents in early July. Current prices
now range around 80 to 40 cents q
barrel
This weeks production will average
less than $4,000 barrels daily from
Oklahoma City, decline of $4,000 bar
rels from last week and It's, 900 barrels
from the peek of the first week Of
July. 1t is chiefly because of this de-
cline that the bidding for oil has be-
come more intense among the large
BUYERS
Nearly so per cent of the contraction
Of the Oklahoma City fields produce
ton has been made up by the large
purchasing agents extension Of pipe
line transportation through wells pre-
viously shut in the East Texas area.
This has permitted an increase of l00,-
600 barrels in the daily output in that
area, but present supply appears still
to be inadequate for the demand occa-
stoned by increased consumption Of
gasoline
Refiners last week augmented fur
Their the operations at their plants. For
the first time this year daily crude oil
runs through stills at ref1neries have
exceeded last years operations. Al
though the difference is slight, the gain
in this weeks operations over those of
the previous week amounts to per
cent. Because of the surprising con-
sumption it is estimated inventories of
crude oil in Oklahoma and Kansas are
being reduced more than 100000 bar
rels day.