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Show ilTlFIErOIS" STROiGPRODUCER 3 Refineries Operating -om Oil Being Drawn Out of Many Wells. 'HITA FALLS, Texas. March 15. hundreds of wells a few miles to rth. south, east and west are pump-id pump-id swabbing day and night, pouring the pipe lines that web Wichita , a continuous stream of veritable gold, a battery of refineries, in ta Falls and at other points in the ' are busy making even more pre-this pre-this precious fluid, by separating , irious components of tho crude to . motive power and fuel for various . ries in thif city and others Hi rough -ie state. Thioi.fcrhoul the nine re-s re-s of Wichita county, approximately barrels of crude oil is charged 1 Into gasoline, naphtha, kerosene uel oil. enhancing1 its value 100 wt in the process, his way Wichita county Is receiv-ie receiv-ie full benefit of a little less than ird of the oil produced in tho corin-' corin-' -ougli havtni; these refinories, and "ta countv oil is used to run Wichita " automobiles, oil field trucks, to e drilling rigs and to swab and the welly, malting an endless chain wells, through pipe lines, to the ..ies, and back again to drill more capacity of the nine refineries now -ration Is 90,000 barrels dally, in ' numbers. This crude at market is valued at $45,000, the present i price being $2.25 a barrel. When irough the mill and the gasoline, ne, distillate and fuel oil drawn he' resulting products are valued 1 J4 50 a barrel, or the daily runs lued at around $90,000. This is, of ' gross, the net profits being some- ' less to tho refineries. m outstanding feature of the refin-j refin-j d us try i as in tho development of ':g fields around Wichita Falls, is :edominanc.6 of the small operator ivestor, as none of the nine com-. com-. is owned by any large interests, ipresent the investment of numer-ople, numer-ople, popularly referred to as "the fellow." It is no exaggeration to at Wichita Falls and Wichita coun-e coun-e more independent refineries than her point in this section, and there I fineries building and projected that ' -ing the number well around thirty, cally all of these will be In opera-efore opera-efore early fall, according to pres-ns. pres-ns. "i the exception of the Fisher-Gil- V refinery, all of the refinery com- are incornoraled. and the stock r by a number of individuals. All sse represent the interest of a ir of investors and practically all i refineries have large production 3. or royalty holders, among their olders. Fisher and Giililand have than enoi'gh production to operate refinery with their own oil at ca-, ca-, 1500 barrels daily. The Pa?;handle -y owns and opeiates its own pipe i the refinery, from its wells in the i The American refinery, . which will .'operation by May 1, now under con---on, will have its own pipe line, and -one Star, Red River and Fisher-i-jul refineries are to build their own V'Hnes as soon as some relief is ob-on ob-on the. present shortage of mate-'.md mate-'.md difficulty in moving freight, first refinery in Wichita county V ie Wichita Valley refinery at Iowa About four years ago this plant perating with a capacity of about ;,V.rres daily, limited equipment and ,Zdl investment. Now this refinery i-4Zjot only rioub'ed its capacity more u-Wice over, but there has been such g-ant growth in the refining indus-..ti.it indus-..ti.it Wichita county row has nine i'ies already in operation, "-"of these refineries, the Panhandle, riiver, Lone Star, Sunshine State, !;' r ond FiFher-Gilliland. are just on '; itsklrts of Wichita Falls and this ! to have it3 seventh refinery begin , 'i ing in May, when the American r'! ig comrany will fire up its big stills -""plant now being constructed, with tial capacity of ?G0O barrels. |