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Show HOLDING HEM GASRESERVES Stocks Reaching Near Bil-' Bil-' lion Gallon Mark According Accord-ing to Federal Report WASHINOTON, .May 27. Automo-jbilc Automo-jbilc owners will be Interested In the' following: rdport Just Issued by the fnlted States bureau of mines: "The greatest reserve of gaollno In the history of the industry Is now inl storage in th? I'nued States, according accord-ing to a statistical summary just issued is-sued ly tlv bureau of mines, which hows stocks totaling 81S,G00.00o gallons gal-lons on hand .March 1. The figures 1 Indicate an increase of 1 12.800,000 gallons gal-lons over the reserve of Feb. 1. The previous high figure set In May. 19-1, is topped by 18.000.000 gallons. At the present rate of Increase in storage stor-age the bureau of mines points out that tho blllinn-gallon point may be reached in the gasoline reserve before the seasonal decline in stocks com- mences. I ' Th- amount of gasoline in storage March 1 Is 1 38,000. 000 gallons more than on the same date n year ago Production of gasoline during February Febru-ary was 46.000,000 gallons less than for January, but was 10.000.000 gallons gal-lons more than for Fcbruar a year ago. Gasoline was produced In Feh-j ruary by I'SR refineries, an increase ofi four plants over the number operating In January. Total production for February amounted to 398.223,1 46; gallons. Imports ifere 4,979,616 gal- Ions. Exports were 3S.169.&93 gallons gal-lons Iomestlc consumption amounted amount-ed to 261,759,440 gallon.:. "Stocks of lubricating oils reported to the bureau of mines show an in-creaes in-creaes of 15.000.000 gallons during the month of February. The supply, of these oils on hand March 1 amounted amount-ed to J60.o00.000 gallons, was the greatest since June. Is21. and lacked but S.OOC.0G0 gillons of th, high point reached in the storage of ""lubricating oils attained In May. 1921. "Stocks of kerosene on hand March 1 were 302. 330. 245 gallons, an Increase . of 6,000,o00 gallons during February. Production of kerosene for the month was 1 67.220.22fi gallons. Exports de-I de-I creased from 81,100.000 gallons In I January to 61.450 000 gallons in Feb- ruary. "Slocks of gas and fuel oils amounted amount-ed to 1,814,, 740. 284 gallons. The prer,-j prer,-j ent storfip-e of thes, oils is 322.000,000 j gallons greater than a year ago." |