Show RoundAbout New Yorl < Gossip of People and Things in the Great Metropolis ANDARD OIL TO MAKE RECORD FOR PROFITS tfK The earnings of the XI cLdard Oil company for Borne been establishing now high have e The net earnings for the cur fl expected to reach a fig ar are t rear tween 75000000 and 1100000 twice the amount required to or dividends at last years rate of Tre Tho litigation In which I company Is Involved Is the only that prevents the Standard Oil Ly from Increasing Its disburse paoY shareholders It Is said In j II to neBt of a satisfactory conclusion litigation there will ho a melon y s ing of no small proportions Jthe I management of the Stand Oil company does not believe tho eat market price of the securities 00 high Is evident from the fact He stock Is down on the books at iluatln f 300 a share Included ie assets lire more than 100000 cf government bonds reducers of oil are sharing In the perlty of the Standard Oil com r Eastern as well as western oils witnessed a sharp advance e 1 ch has served to stimulate proton I pro-ton materially There Is a pro nounced scaicli of hlghginUe oils iu tho Pennsylvania Ohio and Indiana districts due to tilt enormous In ciease In the demand for liy jnodiictn of petroleum and It Is believed H will not be many ears bcfoic the Standard Stand-ard Oil company will be depending more upon wcHtcin tliun eastern oils The same results can not be obtained obtain-ed from tho lowgrade as from the highgrade oils and It will be necessary neces-sary for the company to Incicase Its refining and pipe line capacity its It becomes more dependent upon tlm products of the Texas California Kansas and Oklahoma Holds As soon as the litigation In which thn Standard Stand-ard Oil Company Is Involved Is out of the way the question of Increasing the capital tock to a flgiiro that will bo more In harmony with the market valuation val-uation of the securities will bn Ink m up for consideration Standard Oil icprcHcntatlves arc more confident than ever that the corporation cor-poration will come out victorious In the suits Instituted against It They bold that practically all the charges against the company are based on technicalities I |