Salt Lake Telegram | 1917-11-12 | Page 8 | Midwest Refining Shows Big Earnings

MIDWEST REFINING SHOWS BIG EARNINGS Badger Badger Brothers Wire NEW NW YORK TORK Nov 12 Midwest Midwest Refining Refining ing Is earning In two months mouths more than Its Is entire yearly dividend on Us its is recently Increased stock stok Net earnings arc pre In excess excess ex ex- cess of a month whereas dividend divi divi- dehd payments for the full fun year on its Is stock call cal for In the current curent year ear Midwest Refining company Is expected to earn well over I net which earnings are being made on a adaily adal dal dally daily refinery capacity of about barrels barrel barrel By the tho end of 1917 it plans to have a capacity of barrels dally daily daly As a result earnings In 1918 1919 seem certain to o be much In excess excess' of 1917 1911 The Thc production of Kinney Oil 01 and Refining Refining Re Re- fining is now in excess Of b 2000 barrels nearing a day Two new wells are now completion and weIs are expected to be brought In within a week