Show Oil i GENERALS Sf STAND AND DIVIDED ON fm I IOne One Faction Advises Curtailment Curtailment Curtailment Cur Cur- Other More b Production TULSA Okla Okia Jan 18 UP UP UP-Oll Oil generals of oC tho the appeared divided tonight ht on the best m method to turn tho the flow of oC gushers Into a alow flow low of gold One wing win of or the Indu Industry t would get et the tIle greatest return from gush gush- shIng sh- sh ing lag fields b by reducing tho the price of or crude petroleum and selling more the other would control the oil field supply to conform with the demand of oC refineries and hold up tho price The dispute finds two sl giants of oC tho the Industry leading opposing contingents contingents contingents con con- In the tho battle of or black gold Th They rite y are arc E E. B B. Reeser pre president of or ortho tho the Barnsdall corporation and head of oC the Am American petroleum In Institute and IV W S S. Parish Farish president of or th the tho Humble Oil and Refining company Parish headed an nn Initial skirmish the latter part of or this when his company compan announced a reduction of or th the price paid for crude crudo oil This wn was followed b by oth other r companies He Ho was promptly rebuffed b by Reeser and a a. group of ot operators hero A counter attack was In the tha making tonight b by Reeser and Oklahoma Oklahoma Okla Okla- homa producers who announced th they would meet here Monday to force orce a rise in tho the price of or crude crudo by bJ controlling production fully below th the economic demand The uThe Oklahoma City and East Eist T f o operators have o met tho the situation b by further the output Reeser told t the o United Press today A meeting of ol state producers has bps been peen called at Tulsa Monday I afternoon at which tI tino tinoI o I 1 believe e tho the entire state will bo be prorated prorated prorated pro pro- rated on part tithe o production to toa toa toa a poInt fully futty below th the tho economic demand Reesers Reeser's announcement came after Farish had wired him bUn an explanation explanation ex ex- of or the tho Humble company's price cu cut t F rish said ald There Thero doesn't appear appear appear ap ap- ap- ap pear to bo available an any machinery b by which supply may bo be kept within with with- in tho the present and expected refinery demand In the face of or this wo we arc are compelled d to take tako tho the course prompted b by sound bu business iness There were only courses open Ope Olle was as to continue continuo buln buying and selling selling- on an unsatisfactory basis bash second stop bu buying ing crude third ort offer r to bu buy at a a. price which wo We could pay ta- Vo choso the last |