Salt Lake Telegram | 1931-08-15 | Page 10 | Oil Output Rises in Final Burst

I Ol OIL OUTPUT RISES IN FINAL fIN BURST ST I 1 TYLER Texas Aug Ug 15 Mid lUd J-lUd- Mid Mid- continent oil 01 producers today tody continued continued con con- to seek means of or boosting the price of or crude faced with wih the discouraging discouraging dis dis- prospect the prolific east Texas Ten field Held might not be curbed cubed forat for forat forat at least a week while Texas' Texas new conservation laws were put Into force Governor Ross S. S Sterling of Texas Texa yesterday esterday denied a petition petton of or east cst Texas Texa operators assembled here herc that he ho declared martial law in the field Held and completely IY stop top production He enacted late said the new measure Wednesday night would woud be given gien a atrial atrial atrial trial first and that a week or two would be b required before the tile regulatory regulatory regu regu- body the state railroad commission com coin mission could carry crr out Its is t terms The Thc law law was wa passed at a se session slon called caled to devise ise de relief for tor the oil 01 in industry industry in- in in d distress tre because of or overproduction overproduction over over- production and consequent low prices Operators at the mass ma meeting bae based their contentions for martial martal law on reports the major companies would take from to t barrels brel of or oil 01 a a. 3 da day unless national guardsmen were sent Into the fields feld They predicted great geat damage would be done to the field feld In i a final rush rs to take oil oU before the thc state puts Its put is conservation into effect The general top tp price prie for crude re remained re- re at 52 cents a a barrel much under under under un un- un- un der the tho 1 minimum demanded by Governor W. W H. H Alfalfa Bill BUI Bi Murray Murray Mur Mur- Mu- Mu Muray ray of or Oklahoma who closed down his states state's prorated wells well August 4 because of or the low price Governor Murray who addressed an a old setters setters' settlers settlers' set set- tiers tiers' gathering yesterday at his old home In Weatherford Texas was to visit Fort Worth and Dallas Dala today toay At Weatherford the crowd cheered when R. R H. H Wood Vo a n boyhood friend of ot the tho governor suggested him as a the next date Democratic presidential cand- cand candi candi- date The Kansas Kanas public service commission commis sion slon which has ha threatened to closedown close closedown closedown down the states state's wells well unless ules crude cde prices are ae raised has ha Instructed counsel for the state oil oU advisory committee to t prepare a a complaint to tobe tobe tobe be considered at a hearing heang on the proposed shutdown shutdown