Show I OIL AGE ACE BRINGS STRIKiNG I REDUCTION IN ME MEN REQUIRED Under the the caption The Tho Oil 01 Age g Wollman olman Cos Cos review ot of New cw York tells of ot tho the remarkable rico in tho the oil 01 industry to world worl dominating influence It I says sal To pro tho casual observer the pronounced pro pro- flounced Interest now being shown hown In oil oi stocks ma may appear ar to be nothing moro more than a a speculative outburst outburst playing playing play play- ing InG a new now favorite To the student I the explanation will 11 lie le deeper Moro More and more moro tho the mone money Judgment of ot tho the world Is being focused on securities that have havo petroleum as their basis Vast fortunes havo been mado made In these securities In the tho past past Still greater ones are aro promised In tho the future In our Industrial march we have come at I last to tho ago of ot oil 01 No industry has Bho simon n such striking striking ing progression as that which has for tor forit it Its task tho the production transportation I refining an and distribution of petroleum products product Starting with tho production production tion ton and marketing of ot illuminants It has developed tho the lighter spirits spiris and anda a a host of ot other b by product Humanity Humanity Human Human- H ity owes much lo o the Illumination and internal combustion power derived from Crom petroleum Both will wi remain mighty factors in our Industrial life Ufe but their Importance bids bIde fair to bo be surpassed by br fuel tuel oil 01 It I is fuel oil 0 and its Is vast po possibilities that constitute tho the Influences which speculation Is attempting to vision and discount at the present time Considering the vast equipment now ministering to the needs of ot petroleum one would hardly think that wo have havo barely scratched tho the surface of oC this field In spite of oC the general Jeneral use usa of electricity and gas for tor Illumination Inthis in inthis inthis twice this country countr wo we consume nearly nearl as much kerosene per capita cupIa as ns any other country In the tho world Already we export moro more than a billion bilon gallons of oC kerosene annually If I we sold China Chinans ns as much per capita as we use ourselves It would call cal for three times as nR much kerosene as could be extracted from our total crude oil 01 production magnitude Is concerned concerned con con- Fuel oil 01 so far as promises to dwarf dwart all al other petroleum possibilities For marine marino r I uses It great greatly surpasses coal Weight eight for tor weight it H shows an Increase of or 30 I to 64 per cent cent In heat value over coal Owing to its Is perfect smokeless combustion combustion combus combus- tion lon tho the thermal efficiency of ot an oil 01 fired trel furnace Is much higher than that which can bo be obtained with wih coal coal It I I saves sa bunker space It I saves labor b by cutting down tho the stoke room charges Big Dig passenger liners that carry I stokers can cu cut t this force torce down to 60 I Maximum power can b be l maintained for tor forno torno j jno no furnaces have havo o ha to remain idle Idla owInG owing owing ow ow- ing InG to the cleaning of oC fires tires ever every watch Little Litte time Is lost loet In bunker bunker- ing A big biG st steamship that takes take two da days s 's for tor bunkering with wih coal can be loaded with oil 01 in four tour hours I An oil oU burning burning merchant marine marna of oC tho size before boore the war war approximate approximate approximately I ly 1 tons would tons tons woul would require COO COO- barrels of ot oil oU annually This is b tul fully barrels moro more than I tho the world produces at the he present time II There Is a growing for Cor fuel tuel I oil 01 for tor Industrial plants Tho The change I has wrought an Increased boiler boler ca capacity capacity ca- ca I ca-I of ot 40 O to 50 per cent with re reduced reduced ro- ro I cost coat One big New i England plant which while burning coal had to employ 63 men Including firemen fire fire- I men coal passers and ash handlers I was able to operate Its Is power plant with Ith seven men when It introduced fuel fue oil 01 In order to meet meet tho the Impending de demand demand tie tie- mand we must havo have a n greatly Increased supply of or crude crudo oil oU Wo We lead the tho world with wih a a production running runninG about barrels but it 1 Is not enough I Today Mexico stands out as tho the worlds world's grea greatest greate t c t PC petroleum t ro I ni reservoir i r. r These fields fields fields' thus far have havo been developed chiefly chien b by American 4 and British capi capi- tal tol Several of oC our largo large operating companies have Important acreage holdings in the prolific Mexican field Tho Time production can bo be Immensely In increased In in- creased The Tho enterprise of these organizations organizations or or- affords a source of oC wealth to tho ho whole count country not only to tho the Investors who will wi profit by their operations op- op In the future futuro but In tho the source of or power to our Industrial plants and ot our merchant marine |