Show SOUTH PENN OIL HAS NEW RECORD ECORD South Penn Oil OU company's compans report for tor year ear ended December 31 1917 beIng the first of Standard OH Oil producing companies com corn panics to report last laRt years year's operations shows record high earnings as result of oC high h prices of or crude oil In 1917 Those earnings w were made mado on average price of about 32 a a barrel for Pennsylvania l cru crude c oil Present price of this timis grade Is 4 so 80 that with continuance of oC present conditions earnings of South Penn company com coin la pony pany 1 In iii current year ear will exceed those of oC 1917 Prosperity of producing oil-producing companies Is due to in urgent gent demand for crude oil which probably will ili result In still higher prices for crude oil |