Salt Lake Telegram | 1923-02-18 | Page 29 | Oils Stronger on N. Y. Curb

STRONGER ON N. N Y GURB EW V fE YORK TORK Feb 17 Nearly Nearly all al ale con con- Interests were e 0 speculative con during durinE the past week In the petroleum I Issues as the h crude ret re- re d 8 aSIt fl t of f t the further r advances c I In r 1 ot 0 land petroleum products I followed by hy These hese advances were the thep of ot earning of many nany of p ins refining and distributing led Prairie ide Oil on and Gas to this Id malting an advance up group croup yesterday esterday of 28 points to South Oil followed with an advance I jenn enn enn 01 wih of lot 15 points to and Kentucky Oil made a gain pain of 8 S points poInt to 01 all transactions There Thore were large al through the week week In the Standard Oil 01 of Indiana buying which of that rose stock 2 t points being a ac accompanied accompanied ac- ac to I companied y oy by reports that It had arranged arranged ar arranged ar- ar companIe ranged for absorption of an Important producing company Dividend declarations that that showed distribution In some cases I Increased were also factors In causing strength In these stocks Vacuum Oil 01 was one of the strongest of the new low par pat parIl value Il to above tolu Issues 49 i. i a advancing Gulf Oil over led dr t the 8 S Y points Independent indo Inde with an advance of 8 S pendent Issues points to above wih 50 and avance the Salt active and strong and Creeks were made substantial gains International mao Petroleum was heavily traded espe- espe made daIly In the last few days and advance Mammoth Oi Oil after aCter ashar tiling selling at 55 dropped to 50 Industrial In- In Issues did not not move In line lne with the petroleum e e stocks Blocks but many h of lt those s snares shares were In supply p when moderate advances occurred Goodyear Tire Issues were firm the P stock advancing from H 14 to common 16 to 1 51 ii and d the Ford Fora ho preferred Motor of ranged Canada from rose 48 4 points to a new high record