Show Oil Issues A Are re M More ore p POem I Demand a f for or Pe Petroleum ft ole Stocks 0 f 0 Are jN A review of the oil the IN oi t n I. I Charles A. A Stoneham Co says Investors In oil can view the situations in that particular Industry with witha a confidence that the oil 01 Issues issue wili wi for fora a long time enjoy a widespread popularIty popular popular- Ity as trading mediums Contributory factors to tile the strength of tile the Industry's position Is the fact that no 10 particular abnormal ab ab- normal conditions which require readjustment read read- were brought about by the war and the enormously expanded demand for petroleum and Its products which each year reaches greater volume There Is no question queston that had not the industry been subject to the the closest governmental supervision the prices would have reached considerably higher lev levi I war In period 1918 domestic than they illey di proximately 4 l b oil oi and am less than bat bar l I had to be offs Hon anti and by stock Notwithstanding forth orth by producers the tho In e country and the L I olly nUmerous new nev barrels fields felds ir o 01 as compared that c wih due to the dwindling of oC there is only a three mc m light grade gade crude oi on I rate of refinery oi I plus stocks which Include of heavy grade gade oil of suital purposes amount to compared with wih This surplus Is entirely It will wi require constant e isis ish to the point where the Industry Is assured greater efforts must be J i Industry to offset the su s. of reserve stocks brough war demand and to ta normal demand of this a tries which Is constantly A better beter feeling constanty all al snot aol evident In the copper sl si It Is true that many of U have pressed the have granted concession down to 15 cents cash t cote that any definite beed made at this low fl fi any or of the larger dealers nish any considerable a felt that the situation ut In the very near future ii ar lent prIce recession was in that lt It definitely cleara clear clear- a resumption or of normal cear cu CI understood that consume bids this morning for the cents hut but they failed to t I amount at this ally aly many consumers ha oft off hopeful that prices down still furtner becomes evident that the supply of copper levels the competitive bl bk the price to much a further In t I tIn In the various districts th of prices of materials th tb of copper the In im or of labor and thc th In production due ment of thIs sk skilled ed labor bining to brIng about a for tile the better beter in I copper other words it looks at U as if the worst w re over In the coppers is at hand |