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Show MEXICO FEELS NEED OF OIL REFINERIES New York. The unsatisfactory condition condi-tion of the Mexican oil industry is due : in part to lack of refining capacity there. ! according to the Boston News Bureau. ! Failure to build up a large oil reflnms I business in Mexico is largely the result of ' the policy of the oil industry to look on ! Mexico as the source of supply for rc- fineries i this country, and to deveiop- ment of the Mexican oil industry as a fuel oil proposition. In the present market, where there ie an overbupply of fiKl oi) and price for it are low. this lack of refininp capjeitv is intensified. The disadvantage at which Mexican oil companies opera to at present is shown by the fact that bit: American oil refiners can get about $1 a barrel profit from refined products out of Mexlca n crude, -which enables them to sell fuel oil' which remains at a low price, 1 Tho Mexican Petroleum company ha 5 the largest refining capacity in Mexico ' At its refinery in Tampico. which is a "toppmp" plant, the company is able to handle ;A0"O barrels of crude oil a day. At that riant crude oil is treated only for its pa sol I ne. content. The Mexican higle company is the second largest refiner, with a" 1 5. 0'n. barrel plant at Tampico artfl one of 12.50 barrels a day at M;na-titlan. M;na-titlan. The same company a; 50 is building build-ing an additional plant at Tuxpam. New York Bonds. U S rec Tv-r;t Nr l?t 4 '-is . 6-i coupon 0-1:1 C-ni rf 4-, . 7r 1 Z S cv 3s rrg ... ir.t M Marine f.t, . 1 rt-. ronin K C Sd ref 5b.. S2 V S 4s r't-s U'''i I. A v no ?s . . 'j do eoura 1-4 M-.KATi-i 1m it. Am Kor Sec- Je.5.1 l.'i 11Mn PC pO -Ji... '.''-i Am T A T cv 6.1"2V M'-nt Pocr t. . . f'2 nrlo-Fr V f'7 1 1 V Y Onl dfb 6s. 0 . Armoi;r & Co 4'-,!. ?l',N"r Tr.c -t ' : A l chi a g''ti 4;. T' Vor Pac B A O rv 4'-f-... T.'.VO S L rtf At-... V; peih Stfl ref . !'l Pa'- T &- T ".... Cent lu'-h'T rcnn t'Q .. ''"' Tr.t P;f lt . . . . TT!- Penn pa os .... (hi 4 f rv f,s. . ."C Roa'I'.r.: pTi . R2 : r B A- Q io:nt 4s I'-'iSf LAST d; C.Y.t.fV cv 4', T.' .'nc'.-i-r OR ?f Ti-! Ti-! r.KIAPUv r"f 4--. 7"'.Po Poc cv : ...j07 I f;o A So r'-f 4' "i'. Kfl-Jav .- .. :o j n-ii" Cor. rv Ts . . 3 JJ 7 "lis to cv . . I'l" : , T:rr of Pari . . :, T"T A Pac Ut .. fM :4 I D A R G ref os.. .sal'r.ion P-ic 4 ... . I Don of fai.ad 1" S F.rc-r r-s... r.Mi l P." I S f.s. . . . 1 r m-i j Kr-o z'-n 4s .'-21. "a'lri.-h lit :c ' . j Gca Llcj ki |