Salt Lake Herald-Republican | 1918-09-01 | Page 32 | Nation's Oil Supplies Decrease 1,387,458 Barrels during July

NATIONS NATION'S OIL WL SUPPLIES DECREASE i w w BARRELS DURiNG JULY J From New York comes the story that there was a n decrease aso of ot barrels In amount of ot oil oU held In storage In mid- mid continent and eastern castern fields In July Juh In June withdrawals from stocks to- to QUOTATIONS SALES I ION ON NEW NE EXCHANGE Below Bolow Is a list of or the official quota quota- tons and and sales sale at tho Oil Exchange and Board of or Trade Trad yesterday Wyoming Stocks Stocks American American Oil 2 13 Big Bear near 2 Big illg Five 11 2 3 Big Dig In Indian Indian Indian In- In dian 23 27 Boston Wyoming Capital Pet PeL 1 IJa Isa a. a Casp Casper r Embar la a. a Con Roy Oa Double Standard Elk- Elk lorn Hecl Wyoming i- i 8 1 Horseshoe 5 1 Jupiter 3 a. a l Kinney 66 GG- 69 69 Liberty Oil la El EI TIC Key Hey lOa Midland U l nd O. O D D. 3 U. Monarch 41 Midway i J 2 Out Wet West 3 31 3 Ozark lOa Pet Oil OilFields OilFields Fields H 1 1 Wyoming 6 9 69 61 9 J U. Salt Creek Pet Ha United Unit nit ed eel pet Pot ct 7 7 1 Western rn l Ex 70 78 VIne river rl Pot Pet 19 18 Wyoming Apex 3 1 3 Wyoming Blackfoot 1 i- Wyoming Con On Wyoming Crown Clown OH Oil tria Wyoming Wyo Wo- 0 ming Stan Standard ard lS 18 Hub Wyoming Wyoming Wyo Yo ming 1 i U. Utah Stocks Stocks Dixie Dixie ICa IGa Industrial 8 Jordan River lOa IOa Mascot O. O R. R Hit Pioneer O. O G. G trout Creek lo Io-lo 10 Union O. O G G. Sa Utah Oil D. D Cor a a. a Utah Wyoming Con ISa Utah Wyoming Oil SOa Oa Wasatch Va atch Oil lOa IOa Intermountain a Ca ria Wood O. O D. D ISa Miscellaneous Stocks Stocks Alberta Alberta Pet pct 1 1 Big Elk I O. O G. G Buffalo O. O G O. O Calumet la in Elk Ik Basin U. U Empire O G. G Ea h. h a Gibraltar a a. a Bay State O. O G. G 11 II Interstate Lono Lone Star 1 a Milo 1110 5 1 l. Montana 1 Wyoming Wyoming Wyo Wyo- ming National Pet It 3 1 i Old Colony Col Col- on oily ony Pru Pm Elk Basin DasIn a. a Queen O. O R. R Ha Colorado O. O P D 1 Sales Sales Lone Lone Star at I 1 Nat Pet at J. J American Oil 2000 at IB H. at 13 U. Wyoming Standard 1000 at 8 Boston Wyoming at itt IS 15 18 IlecIa Hecla Wyoming Wyoming- 2000 at J. J er Pet OO 00 at 18 18 Trout Creek Creel at nt lOa barrels barrel making a n total of 23 barrels for tor the two months month a. a On July 31 last 87 barrels of oil were held In storage In those fields Much of or this was held heM by Standard Oil companies Oil on and Gas compa company ny owned barrels Carter OH Oil company compan a producing subsidiary sub sub- of or tho the Standard Oil company compan of or Now New Jersey owned Prairie Pipe Line Magnolia Petro Petr leum and Illinois Line barrels Decrease In oil supplies arises from great demand for oil to meet war and other requirements It Is apparent that BO so far as ns these fields aro are concerned the they fell rell short of ot producing producing- all alt tho the oil re required required re- re b by refiners relying on them for tor supplies In July The Tho following table shows amount held In storage b by pipe lines Jines on July 31 1 I last Oil City Derrick figures I Division Total barrels Pennsylvania i J lIna Lima 1118 1 Kentucky Kentuck Illinois eastern lines Jines Illinois Illinois P. P L J. eastern lines 38 Prairie O. O 1 Prairie P. P I I. 1 Magnolia l Pet Gulf P. P I L. L Texas Co Carter Oil Empire P. P L. L l Cosden P. P I L. L Cuda Sinclair-Cuda h hy by outside line lines etc Total July 31 Total Juno 30 O Decrease In addition to withdrawal withdrawn from stocks In and and eastern I fields field there Is also to bo be taken Into consideration depletion In the California Califor Califor- I nia uia field Over last year ar or two there 1 has as been a decrease of about barrels a a. month in surplus stocks on the Pacific coast coast-