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Show A TllB SALT BAKE TRIBUKB, 'SUNDAY MORNING, MAY Experts Reiterate Fact That Consumption Is Outstrip ping Present Production, Embargo on Petroleum and Prevention of Use for Fuel May Be Necessary. WASHINGTON. May IS. The Amerl-egoil situation la peculiar and pusxllng. To the average citlsen It would seem oil fields of ths that the United' States would eventually deluge t :e market and he cannot understand the present continuous rise In the price of oil and gasoline. Suspicion always rests upon the heads of those responsible for the distribution of this vitally Important fuel element, and few, 'except those with especial knowledge "Of th" technical1 and commercial problems involved, are In sympathy with the present condition. - On December 31, 1918, the stocks on hand In the United States were: Kero On the earn sene, tT9.7id.08t gallons. date In 1919 tnere were but 380,117.829 More startling gallons. figures were ' given as to the stocks of gasoline on the same date In 1918, reports showing gallons, while at the close of 1919 there remained on hand 297,828,983 gal Ions. The lubricating oil stocks on December 31, 1918, aggregated 136.838, 345 4a gallons, as against 128,87.2.074-gallon- s 1919; but gas and fuel oil showed an Increase from 577,899.112 on December.il, Pro-1918, to 859.001.3i7 gallons In 1919. lion in each case was increased dur1918 the total 1919; ing production 2.323.110.219 kerosene being gallons, which was Increased to 2,721.749.992 gal-'oin 1919; while gasoline Increased to from 3,982,569.798 gallons In 1918, 4,255,184.080 gallons in 1919; lubricating and fuel olla being Increased In propors tional quantities, authorizing the president to confiscate the production of oil from the Indian end government land. It Is said, however, that the government does not desire to burn Its fingers with further experiments In federal control until It Is forced to do so by the for that purpose, and It passage of laws that no action will be taken for some time at least. There are two weys open to the government for the securing of sufficient oil tor government use: First, by preventing the uee of fuel oil for Industrlsl purposes, and. second, sn embargo on exports of petroleum, crude or refined. These steps would be drastic. Indeed, and It Is apparsntly tbs desire of the gov ernment that the oil Industry should work out Its own salvation, while, of course, the-- public pays the bill. Exports of petroleum were Whether true or hot. It Is said that President Carranza has declared that Spain has a patrimony In the minerals and metals of Mexico, and he is, therefore, .discouraging In every conceivable manner further Investments by Americans In Mexican oil fields The principal fuel oil supply of the United States it the present time seems to be from Mexico, but It Is very difficult to get tonnage allocation ' In order to get the oil out of the country. Another phase of the complicated question Is that durof menu hundreds the coal strike ing to Infarturtng Institutions were forced troduce liquid fuel for their own protection. and a large proportion; of these Industrial plants are refusing to return to coal, while an Increasingly large number of Industrial ventures throughout the cdlmiry are adopting liquid fuel. The problem is a complex one. In New York chargee have been publicly made by attorneys for the state that ths talk of extreme shortage Is propaganda for the purpose of pushing up the prices and helping the gas service companies to Increase their rates, but' such charges do not seem to be borne out by the facte as they come from the bureau of mines, which Is tnoroughly equipped to give the In the final public exset information analysis. Editorial. May Issue, the MinJournal. ing Congress gasoline were decreased from 556.422 Slim ....age BUw (U 7.M7.7 994 Ldos) . (A STANDARD OIL STOCKS. Reported by J. A. Rogie g Co ) listed stocks duced In 1919 by 49.505,044 gallons, while the domestic consumption of gssolne was slightly Increased In 1919. Taking T cember as a good average month, the Alta Mich Antelope SUr Alt j'on. Alt Tiger AJbloc Coo. All Too Addle there has been a constant Increase in the dally average production of American oil fields of from 811,484 barrels of crude Big Bill Big Cot. Big Cot. BeTr m 90 16 90 .M-.d- The government Is giving the petroleum Boa A Montana u.duden rtrat National Donhifh GoMfitld Consolidated Iroa Cap flotoa t'oppsr Jtromt Tenia la Roag industry full credit for the - manner In which ths oil price has been- held down MuKtnW'y until ths present time under the prevall-"'- 4 Iftxiras Mocuiit . . w.. Metal 14 20 ! SO 12 ...... 63 8 A'" 15 10 13 .. ... ................. . ,1, 1! 70 29 Rant Eaut .01 S .02 .01 2.3 2 01 73 4 13 4 40 .02 .OSU, . Aatelope , Eureka Lilly . 22 00 Berets Btsliio CUid Chat 16 . 2 214 82 1.5 .68 .06 8H .01 ,00 ,t .85 .3.1 .01 .0014 .29 .no Vi .13 .13 ...I .oilk ...... ....... .. 80 4 ... .... . .03 .01 .02 .0444 ..... fttaadard Ntrhoti Tla. Coo. 0. K. illtor I Plata ..v-.- . Co. Prim (paloma J PWhr Bristol e .. .... Ho. I I TRUST CO. CoiiMolidftfed Michigan Copper Mobawk . 2 3 t 2 2N .. 63 lH 9 60 1014 61 H 28 l rfc 14 T Walk ABBOTT&CP- 2 V Mr m 24H WOO it it at 6e. Vie. Crib. Brx.ll, MO t tor; 100 it Sic. enno at 8r. Kurk. Bullion. 600 at HVVr; tS'OO at 13c. 6UC. OoM Chula, aono at Sc; IO00 - India. Oorm. 2600 at Vic. . - 100 200 at S2r; It (le. K.x.Ium, M.jr IT. 600 t Vk. Mich, ri.h, toon at V K st.nit.rd, 2000 it 6c; 2000 at INC-Sell.- , hu. - 6O0 SriHllMt. LIBERTY BONDS miT- -r hut mo at lNc.1c: 1000 .1 at('!.. 000 it 1000 500 0 iw-- TOTAL SALES. 40 810, Trial VahM ld. 911.61 1 76. f .ham WEEK'S TOTALS. Tri.l riiirn Mild. t2 170. 020 1. Vain. .1 ibam olC. tut RltlrM sold. J.u. s.A. H0GLE & CO. CLEARING HOUSE BANK STATEMENT KCW AORK. Max IS Th. .etui mil l la. buna. baak. Jfnr clean., th. week mkown that SECURITIES 122 I. ervr la r I r u innut utaRx: and Irnat I b- -y nt hf.l rn ri U.Ld.36 In hold Fargog nawj( Idabo-Wyomln- naiiri 5J idu I last wn-- llm i X .75 1160 .01 169 .61 500 1006 Lincoln Ulnccln-Wyomin- Exploratoin g 2000 10 . 35 P aerie. Coal Bond I 1009 5090 Sunnet Paint .... .... : .... al Turnel Hollow United Drug Market Wortand Sugar Bid Conaolidated Royalty Market Should you dealre to buy Baled or unlisted stock or bonds, we .hall b plMUMrd 'to receive your, buying and ailing orders. 10 16 500 ABBOTT & CO. C.mm.rxlal National Bank Bidf. Phono SO. , 0d.n, ...... CM C. lri L roll Tr P 4a 1926 I960. Tlrylall By 11 aitt 11 140 W Wrier P. - 13 ... V 60H TO TUk, 74H T6 7SA 69 4 TN 99 Hk 69 Vk W OH 74 99 80 T7 F 69 99 14 t7 61 Vk TJ COUNTY KTY 714 6014 79 H from England ar t (lie efftot utlltilnf accumulabeen uccefully tion of spent solved, says th Phau Revisw. A British firm I tnanufact.iwlnf'A Mgh-f- d Substance. Th brick from thl spent hale I eru.hed fin and mixed with about 6 per cent of lima It I eWmed that th brick mad from hal compare favorably wuh th best In th market aft. ar grade which fading brick, oommand a price of 150 per loco. This brick la now being mad and sold In England by th manufacturers, who also construct machinery for making It. It ia claimed that th brick caa be mad for 7 per lOOd. It require two ton of spent shale to make 1009 brick, it will be noted that even compared with th present market price for ordinary brick there I a broad margin of profit to cover overhead and transportation charges It would sem that If the spent shale can b. utilised for thl purpose one of th problem of shale treatment will be solved. 1 rumps ground wtU be sn Important factor In retort Inlocation, a spent xatt quantilie sbal wHl accumulate problem-vo- - 6T Excellent Brick Said to Be Made From Spent Shale tlv AUCTION- SALE .65 4 78 74 67 79 24 4 80 Vk (7- At City and Couhty Building, May 28th at 10 a. m. f hal6 'Consisting of 26 pieces of property, including buildings to be removed for extension of .Main Btreet, from 21st South to Murray, as well as several pieces of real estate not necessary for right-of-ws- y. elad Pood Ruby Silver Mine Utab-Crre- ml that Pearler Coal 16 Sec St Bank, Ogden . Jt.w T.rk Mr (e 14. Sot Pee P L 4a 1097 ,.,., L ref nil 4 list... O B gea 4H 1U0S . Pma do eoa 4N ivn ea 4 fteadla A tJ O fnar Id Sole. 33f It P Pr.aetoc. 4a IKOO.. Tar 6a Advice .... 600 K K K Production 60 L J Lclchman Co , irtlslixiuvn Telf gr.ph PJct 1009 Ogden Petroleum 60 Pan Motor Hr. in at It o. too at aide, iihi, BkteM. 100 at 6Hc; 100 at 47. mine Taraae. too at 10c. Ti.lir St.n0.rd, 0 at $4.10, 1550 at 94 06; , 1000 at 31.02- -. HI Hill. 200 at 6c. Xmrek. Ullr. 1VM at 17 Nc. Max Par. 10 at Ne. Private leased wires' to New York Stock Exchange. - $ . lri A rf d 1966.... 6. Fsrifie 4k ... 1914 4. cm. 1920 4. do ear O P lri land trust 4a 1047 do lat ref 4. 290 a. 1h r 1127 STOCK BROKERS WILL SELL (Subjtat) 100 Aabeetolat. Products 25 Aero Cu.hion Tire 000 Bear Head OU 1(K0 Cedar Butt 1000 Cub Oil .. h.ah aUf r 1 4N ' ref klichlxai Ceat deb 4. 13 Kl nf 4H W.2 N Peat ref 4N o9016. Sept S T Ceat toll l- - ao IH 244 BALES. Ct pay through the malls surprisingly Utah. anml-gu- gold, bv express highest 4040V4. value cash return mall. Small spot by ant. Irregular, nnrhanrrd. 1 shippers given the same prompt, careful rbeea Finn; Hnrhanred. Poultry alls. Sot quoted; dressed, steady attention as Lirge shippers, and goods returned within ten days If you are not lad BSChaaged. Old satisfied. false teeth, jewelry, watches, magneto points, silver plate, KANSAS CITY PRODUCE. also The Ohio etc., purchased. Smelting KANSAS CITY. May 13. Butter, egg. and A Refining company, 281 Lennox building, jhw I try IJ rk a a t Hi . Cleveland, Ohio. Bank references. Ad ) ref 4. 6H hcwH 1914 Souther let 64 I960 llllaria W NEW YORK PRODUCE! 14 tbs... 4K 16t.... 1964 ...... . 14 oqden-- ..... TURN YOUR SILVER JNTO CASH XEW YORK, May 13. Butter Ihrm: re-r- e hlghgjrlces for ores, concentrates, IfH. 39119 tubs. Creamery higher tbaa exbullion or nugget containing tras. 63tiRiy,c; extra, 62R62Nc; flrata. 56 or platinum. Ship them to l4e. Packing stock, current make No. 2, silver mail or and receive the lii Or Barther K O Loiila A 10 4 t .... Chi A 0 Waaler. 4. 1 C M A 8t e 4Sk Ml do pen 4N 11W3 d. rod. 444V,a19641M2. do deb 4. 1967 Chi A Sw 4e 1W1 C C C A St L 1040 Ceat Pa 4a 102. . Ron lat thorn A Col. Del A Undue ref 4a C 4N riwte. 4 and retort muat be moved from time to CRUDE OIL ADVANCES. time to fit conditions. Tf the spent shale PITT8BCRU, Pa., Bay 13, Corning erndu can be manufactured into a useful comoil WI advanced 25 emu a barrel to (4.21 by modity and removed from the field It would eliminate this condition. Chicago til. principal purchasing agnrlea her. today. Interest have made connections with the Coming crude la tht grade produced In southern British Inventor of this proersa and It la Ohio. proposed to manufacture brick from our we.lern shales as soon as conditions are ripe. R. L Taylor, connected with the Inland Oil Shale company, is the representative of the British manufacturers in this county. K O A TO .. Mining Wood lawn Yank Co. Zara I d. 2 46 IT 42 A O lt 4 IH ..... ca 4V4. 113 0 4 4 III die 4. 1646. do gea 4. 1906 do )ot.t 4 JKil C ...... ......... 6 Machinery .... 100O OGOEN Bidg. TT7 i Pnlo CKlrf .... Vlotnr Con . Victor Mining Felt Bldg. Anlelone Btr. Alia Timsel. Cede to 3 North Iwike New Cornelia thoe SO 29 . Npi8lng Pend t 100 46 14 orlh Butte TMTERDAT'S 77 . IS Bam T'tak Co 3567 ch 75 10 rnrlt Wasatch SALT LAKE 141 12 4 50 44 79 ..... ......... ...... j 169 Main .....j .....1 ...... J Halle Mas 6. Btaadard ... ftrlla Rmdlcat silver King Coal tlrr Knt Coov .... Rloux Mint 8 want Co. . Bonth Harln .... ftilvrr fthlrUt .... Ho. Hla Ext. .. oi . 6. Ironr. Bln r, Tacoma Toxan Tar Bby Tintic r Astral .. Tintic Rtaadard e (As Reported by J. A. Box I. A Co. 1 Bid. lAakad. C.t Aftk4e Swift Adventure . Arison Commercial . ... Blngliam Mima Iviumet A Arlaooa Calumet A Hecla . Copper Range ..... Daly Weat Kndt Rntt Hiacock . ... Italians lrlnnd Creek Preferred Isle It ova I Kerr Lake Lake Corporation Mason Volley Davis Daly .. Paclftr RAILROAD BONDS. QUOTATIONS. KcpwtM by J. A. Hofle A A La . s. ' .. .. PrlcKjbtluiag Prov Rico Arf . Rico ( on. Rlc Wall. , BOSTON STOCK ...a... Opohosffo Original Bannock . . Bark City Ml I 306-7-8-9-- 10 .03 .mi .01 . . .No. -- .0044 .. . W. G. HUNTER, Special Superintendent Clift Building Salt Lalce, Utah i .jirtk' .00 .04 2.00 HENRY EVANS . JOHN District Manager Northern Utah. Formerly professor ,L. D. 8. University. Mr. Evans has achieved fame as the author of a number of successful books and magazine articles, particularly for the L. D. 8. Church. , For information on policies or agents contracts address .85 .03 ... k Km District Manager, Twin Tails, Idaho. Formerly bank examiner. State Of Missouri. Cams west to represent us In the State of Idaho, X91S. He has made a record as a personal producer and also In the development of a number of successful agents. . Kaw Qnlocy Kalldrivtc Since 1895 .07 BUNCE C. T. .13', .00 Ik .02M. 4 no .81 We gladly furnish rates and policy forms to an3one interested in purchasing life 'insurance, without obligation on the part of those requesting them. S .s .18 .06 V .83 .02 Iron Blossom Indian Queen .... fro King ...... Jndre M. A 8. .. Keretone King David Kene Kenaebee LeM TU. 7 llrhtgta-Cta- BONDS INVESTMENT . FIFTH: Under the supervision of W. Q. HUNTER and assistants, men without previous insurance experience have developed into big producers, having back of them many helpful banking connections .IH Howell Home Bn Hop of Israel . 20 .412 ) .01 Grand Ceatral , Great Wetter . IlamNirg Mine 63 4 50 13 23 v Miller Hill ' S throughout the entire section.. . May Day Maarm Valley Mriftfftw 201-20- FOURTH: This agency is one of the largest agencies in the western part of the country, having written in new applications during 1919 over $3,000,000. 06S 1.50 . IlimnotirT,,. LOAN-- oiI .33 .03 j 02 Tf. Co. Leonora FRITSCH ,oo .10 it . ns ... , , ARCHER WILLEY General Agent Eastern Idaho. High Formerly superintendent School, Sugar City, Idaho. THIRD: The fact that ihen who closely discriminate when buying life insurance take Kansas City Life policies is clearly demonstrated by the great number of bankers and other, business men who carry large policies with us. .01 .61 ..a..,,.. Little Bell Logser llonaentte & . . K. 4 B. Bell ... Emerald Eureka Mine E. Crow Pol at , I. Tin. Coal. . 40 The home of L. J. Keye at 1537 Edison street has a peculiar interest to u. Twenty-fivyears ago we sold Mr. Keyes his present house, and it was our' first Quality1 Home isle. Mr. Keyes has always been well pleased with hie purchase and is now one of our 'many boosters. Besides having the use of hla property for twenty-fivyears, the vain of the place has more than doubled ia that length of time. Ting 4s just one example of the continuous increase "in the worth of Balt Lake real estate. Salt Lakes future ie a cumulative growth. As a safe and reliable investment Salt Lake property is of the best. ' We have a waiting list of both,buyers and sellers for a big "variety" of Salt Lake Teal estate, This means quick action if you list your wants with us at onee. " nterest Kma flllrer . Empire Mine . Empire Copper 20 18 8 12 81 SECOND: The company's contracts are decidedly the most liberal the market, made possible by the fact that, while we aro among the big American companies, with practically $200,000,000 of insurance in force; yet our death rate is exceptionally low (insuring only western risks of nonhazardous occupations), likewise the companys money is invested in each state wherein we operate, at the highest rate of consistent with safety, specializing on farm loans, making it a home company to every state. Tm Co. Demijohn 60 12 o 40 25 tig Increases of cost In production, petroleum, It being said to Its credit, not I New Battle DoUfla being advanced as other commodities were advanced early in the present .... Ohio Coppor ward movement. Oaeoo . There has been loose talk of th gov- tttswirt ......a.. ernment taking --over the oil fields of ths Auroras a. United States for Its protection, and & Mrtals .... been some definite talk of liters It ToDopak Belmont possible move OQ th- - part of congress Verde Kitmaion n, 8 60 74 64 75 - j .4 .00' .( j j ... Daly West Draroo FIBST: The General Agency located in Salt Lake City is. a. branch office of the Home Office, comprising the states of Utah, Idaho and Nevada, . 1.40 Dsljr 14 82 60 ........ Cardiff Croff Cott. King Cott. Metal reasons: .! .,w Colorado Co. . Crow Poiat . 100 , ,m Copper Blaek Metal Cedar Tall. 0U. ftexall Aaktd. .02 .01 jo in j (Vi. Col By State I Industry Given Credit. Men and women who contemplate entering upon an insurance career will do well to investigate the liberal policies and advantageous "agency contracts offered by, the Kansas City Life, for the following .00 .02 L .03 00 .ORV Bullion and yet, with these figures in mind, the bureau Informs The Mining Journal that America Is Using more crude oil than can be produced under present conditions, while at the same time AmerBOSTON CURB CLOSE. ica Is still exporting aXvast quantity of (An Report! by J. A. Hofl A 0 this valuable resource. Rill. The Interior .department will not give 8 out information as to what transpired at I Bay mate : 60 - the recent conference between the secre-- 1 t tarles of the war and. navy departments I hob. mis 75 and the director of the bureau of mines, Borins Ely 12 Londo A Butt oil when the shortage eras discussed, the 0 navy department and the shipping board I 1Chtei Cenaolidsted 84 having requested bids for fuel oil. vast I 4 uVnra of liquid fuel being necessary I quantities 4 for governmental purposes. The bids ( row vv I were extraordinarily nigh as compared niai-- Hawk 65 AkH. .0! Field Supervisor, has successfully fulfilled church and state callings. Formerly a member of the State' Legislature and for a number of years president of the Eastern States Mission for the L. D. S. Church. Later instructor at the B. T. University at Provo. - v General Agent, Provo, Utah. Formerly athletic coach B. Y. University, also instructor in matheof ths earn a schooL Mr. .064 matics Webb is one of our leading .10 Kid . ftentoa Silrer Kite terun In 1917 to 1.046 052 barrels of crude run and 123.229 barrels of rerun In 1919. I The KANSAS CITY LIFE INSURANCE COMPANY announces to its many patrons ahd friends the change in the address of its branch office in SaliLakeQty, Utah, to the Third Floor of the new Clift Building, 3rd South and Main streets, Salt Lake City, Utah; 5e, 6c 534 I u - 4e, I 3. 0. CLARK General Agent, Southern Utah. From report vllhbl, Mr. Clark lead all lnsuranc agent la the tat of Utah in application in 1919. Hi volume practically $800,000,. Selling during the week Just closed a 523.370 shares, with a market valuation of 193,020.91 showed a considerable Increase when compared with last week totals of 492.279 shares, with, market valuation of 79,518.79. Tht feature was about the only one developed. Prices have; as a whole, showed a downW. 0. HUNTEB ward tendency at a result of the drop In Utah, the price of silver, tight money, lack of Superintendent of Agencieg, Interesting developments in the mine! of Idaho and Nevada. the various districts and weather conditions In the Altai. Some few stocks during the week showed a tendency to but this movement was hardly apparent upon the part of any of the Issues active yesterday. A "greater part of the activity jester-us- y a total of 60,81(1 shares, with a market valuation of 815,511.75 was due to selling of- - Tintic Standard. In all. 2750 shares of Tintlo Standard, with a marks! valuation- of approxtmstey 811,000. were sold. With this activity, the price receded from sn opening of tt.LO to a close of 54.021,4. One hundred Silver Coalition shares were eold at 51.10King and 209 Silver King Consolidated shares at 11.40. Keystone, with 300 traded as low as 81c for 104 shares.sales, the d moderate-priceAmong stocks was one of the most active. From an opening of 50c, at which level 660 shares were sold, the price rose to ole for 100 shares. Silver Shield advanced from sn opening of ttrtfce to a close of 47c with 200 ea ea. Eureka Lilly sold at 12c, Big Hill at 8c. May Day at Teooma Consolidated at 19c. North Standard at Sc and Gold Chain at and Eureka Bullion at 13c. DELL WEBB Quotations follow: of with the prices previously paid, and the intimation was more than definite that at anv price the government would have a difficult time In securing a sufficient amount of fuel for Its requirements. . Iiw (tfsw York) Apsltst (St. Louis),.... total of to 1911 .1I.751 89 0H Csppsr Tintic Standard Most Ac five Issue on Board; Tendency of Prices Downward. increased and METALS. Mexjcan Situation Handicaps! Exports Increase. In from 484,613,905 gallon In 965.415.225 gallons 1919; 16, 1920. - Phone Wasatch 4843. C0L0NEL W, H. ADAMS, Auctioneer. ui |