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Show offered $1.20 a foot for the secondhand second-hand pipe, which compares with 62 cents originally paid, or a total of $145,000 for the entire lot, tufning the apparent loss into a profit of more than luO pal i cent. The Wall Street Journal Straws, BIG PROFIT MADE ON APPARENT LOSS barge profits are being made by companies com-panies which purchased pipe and other oil well supplies prior to the entrance of this country into the war. A case is that of a Mexican oil corporation which contracted to purchase $70,000 worth of material for drilling purposes four years ago. After the supplies had been brought to Mexico certain conditions condi-tions arose which prevented the companv com-panv from operating its oil fields. Unexpectedly Un-expectedly the company was recently |