Word: bbl
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Suddenly, without warning, old Sun Oil Co. announced it would pay from 10? to 12? a bbl. more for Texas crude. Oilmen watched tensely, recalling that last April Continental Oil made a similar upping of 15? when conditions did not seem to warrant it and that every other major company followed. Soon after Sun's announcement a number of independents upped prices. They included Barnsdall...
...Fidelio Brewery stock is listed on the New York Curb as its sponsors wish, it will be the fourth brewery stock to be traded in publicly. Two of the others are on the Pittsburgh Stock Exchange. They are Independent Brewing Co., with a 1,000,000-bbl. capacity, and Pittsburgh Brewing Co. with 1,500,000-bbl. capacity and a sideline in ice-cream, dairy products and a cold storage plant. The third is Cleveland-Sandusky Co., listed on the Cleveland Stock Exchange...
...normal times Fidelio Brewery, Inc. could brew 400,000 bbl. a year. Since Prohibition it has been operating at about 15% of capacity, losing money. Last year it sold 15 million bottles of near-beer. With the new funds it could easily, upon legalization of beer, build its bottling capacity up to five million 24-bottle cases per year, or 370,000 bbl...
...industry are Anheuser-Busch, Inc. and Pabst Corp. Anheuser-Busch has built up profitable sidelines in yeast, ice-cream, ginger ale, truck bodies, coal. If beer is legalized the company can in two hours start turning out about half of its pre-Prohibition yearly output of 1,600,000 bbl. The company is ready to spend some $7,000,000 for material and extensions. One of its major needs would be 3,000 new delivery trucks. Pabst Corp. in Milwaukee has branched into cheeses, root beer, canned artichokes. President Fred Pabst last week estimated that if beer is legalized...
...April the price of crude oil was upped in Texas and the mid-continent field. California did not follow and much California gasoline was shipped to the Atlantic seaboard. Last week Standard Oil of California promised to raise the price it will pay for crude oil by 25¢ per bbl. if production for the State is kept down to 476,700 bbl. a day against the figure of 486,800 bbl. the week the offer was made. Oilmen expected independents would meet the terms, less California gasoline would be shipped to the East, all gasoline prices would benefit. Offer...