Falfurrias Facts (Falfurrias, Tex.), Vol. 33, No. 11, Ed. 1 Friday, August 25, 1939 Page: 5 of 6
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FRIDAY, AUGUST 25, 1939
F ALFURR1AS FACTS
PAGE FIVE
socirnmLilBs^
—Facts and Fancies
MISSIONARY SOCIETY MEETS
Mrs. C. K Russell and Mrs O. C.
Lee entertained the Methodist
Woman's Missionary Society
Thursday afternoon at its month-
ly missionary and social meeting.
They were assisted in hostess du-
ties by Mrs. Russell’s niece, Myra
Jane Lee, of Elgin, Kansas.
Miss Ruth Story, program lead-
er for the afternoon, presented the
subject "Widening Missionary
Services". Mrs. Cloyd Hammitt con-
tributed a paper on "Migrant
Work”, and Mrs. J. C. Knowles one
cne ‘ Indian Work”.
During the social hour Mrs.
Hammitt conducted several amus-
ing contests, at the close of which
refreshments were served to Mrs.
Herbert Puckey, Mrs. John Fry,
Mrs. Hermann Oberwetter, Mrs.
Herbert Randolph, Mrs. B. B. Tra-
week, Mrs. Irene Smith, Mrs. Wil-
son, Mrs. Bill Wright, Mrs. James
Maupin, Jr., Mrs. Frank Kammer,
Mrs. Clyde Burdett, Mrs. S. E.
Cone, Mrs. Clyde Rupp. Mrs.
Knowles, and Mrs. Hammitt.
SOCIAL CALENDAR
Mrs. T. R. BENNETT
i»j* AUGUST i»3»
Wa »«•« *«» *»v *•» tst
I J J 4 5
6 7 8 9 10 II 12
It 14 I* lb 17 18 lb
20 21 22 23 24 2 5 26
27 28 29 .30 31
FRIDAY. AUGUST 25:
Mr. and Mrs. J. R. Scott will en-
tertain the Friday Night
Bridge Club at 8 o'clock.
I WEDNESDAY, AUGUST 30:
Rotary Ladies Night at McIn-
tyre’s Cafe.
YOUNGS ON VISIT
Mr. and Mrs. H. E. Young motor-
ed to San Antonio Saturday where
they met Mrs. Young daughter,
Betty Jane. From San Antonio the
trio proceeded to Kerrvllle, Seven
Hundred Sprngs, Austin and San
Marcos.
Before returning home. Betty
Jane will spend several weeks vis-
iting Mr. and Mrs. R. R. Unzicker
in Houston, and Mrs. Young will
visit her mother in Tuleta.
BARBECUE SUPPER
Mrs. J. T. Atkinson entertained
with a barbecue supper Tuesday
.night. The occasion was in cele-
bration of Mr. Atkinsons' birthday. AUXILIARY BOOK PROGRAM
Enjoying the outing were Mr.
and Mrs S. F. Young, Mr. and Mrs.
S. E Cone, Mr. and Mrs. Henry
Darby, Mr. and Mrs. H. E. Young,
Miss Ila Frances Darby, Jim Young,
Bob Young and the honor guest.
Miss Mildred Zuehl of Zuehl,
Texas, is the guest of her sister,
Mrs. E. H. Klenke, and family.
* * B B
Mr. and Mrs. J. H. Webber and
son of Corpus Christi spent the
week-end with Mrs. Webber's par-
ents, Mr. and Mrs. T. S. Proctor.
* * B B
Mrs. J. C. Knowles, Miss Julia
Knowles, Mr. and Mrs. Thurmond
Daniel of Stamford, and Dudley
Masters visited the Rio Grande
Valley this week.
B B B B
Ira Poole is spending the week
in Gainesville, Texas
B B B B
Mrs. A A. Cosby and Alonzo Cos-
by were San Antonio visitors Mon-
day.
* * * *
Arnold Lindgren of Taylor, Tex-
as, visited relatives here and at
Premont this week. Misses Ruth
and Alice Rosene of this city re-
turned with him to Taylor where
they will visit indefinitely.
B * B *
Maroe Strayhorn, son of Dr. L.
P. Strayhorn of Los Angeles, Calif.,
formerly of this city, spent several
days this week visiting friends
here. The Strayhorn family left
Falfurrias some 15 years ago.
B B B B
Mrs. Elmer J. Rupp and children
left Monday morning to visit Mrs.
Rupp's parents in Wichita, Kan.
Using an effective poster, Mrs.
M. F. Orth led the Presbyterian
Woman’s Auxiliary program Thurs-
day afternoon in a subject entitled
"Bits From Better Books.” Mrs. H
M. Taylor assisted on the program.
Mrs. R. A. Jordan was hostess for
the afternoon’s meeting which was
held at the church. After the pro-
gram refreshments were served to
Mrs. Roy Allan, Mrs. C. C. Teas
Mrs. Orth, Mrs. Harry Mahan. Mrs.
E C. Wright, Mrs. George Spark,
Mrs. T. S. Proctor, Mrs. C. F. Hop-
per, Mrs. M. R. Noll, Mrs. E. H
Klenke, Mrs. Taylor, Mrs. J. R
Scott. Mrs. James E. Moore, Mrs. J.
A. Oswalt. Mrs. T. R. Bennett, and
Miss Mildred Zuehl of Zuehl, Tex-
as.
* • • •
Mrs. C. F. Wagenschein, John
Louis and Rosemary Forsyth re-
turned from a month’s stay in the
Kerrville hills.
B B B B
William Walker and sons, Cow-
an and Ward Walker, of Wolf
Creek, Tennessee, are guests of
Ed Rachal
B B B B
W. S. Barnes is at home from an |
extended trip to Detroit, Michi-
gan. and Winston Salem, North
Carolina.
B B B B
Mrs. F. P. Goodenough returned
from a visit with her sister. Mrs.
J. S. Huggins, at Laredo.
• » • *
Mr. and Mrs. Fred Reagan and
children of Brownsville spent sev-
eral days this week with Mrs. Rea-
gans, mother. Mrs. J. S. Donohoe.
• B B B
Read the FACTS every Friday
WANTED!
Men who are ambitious and possess
Sales Ability to represent us in your
loeality selling a complete line of
LIFE INSURANCE—Accident and
Health Insurance—Hospital Insur-
ance—Investment Bonds—Group
Life and Group Accident and
Health-Annuities — Disability In-
come Insurance — Salary Savings
Plan and Juvenile Insurance Poli-
cies.
$94,000,000.00 paid to or placed in
trust for our clients. Assets $52,000,-
000.00. California Western States
Life Insurance Company, 311 Fur-
man Bldg., Tel. 9913. Corpus Christi.
Texas. _ _ ...
MRS. RILEY ENTERTAINS
Mrs. W. J. Riley entertained
Thursday night with a charmingly
appointed buffett supper. A pink
and blue color scheme was featur-
ed in decorations for the affair.
The table, which was laid with a
lace cloth, was centered with a
cut glass lowl of blue plumbago
and coror.a vine flanked by blue
candles in crystal holders.
Progressve "42” was the eve-
ning’s diversion. Tally cards in
blue corresponded with the chosen
color note.
The personnel of guests includ-
ed Mr. and Mrs. H. Lee Clifton,
Mr. and Mrs. Frank Ryan, Drs. Q.
D Butcher. Mr. and Mrs. D. O.
Sikes, Mr. and Mrs. Roger Robbins,
and Miss Nellie Cundiff.
B B B B
Mrs. P W. Smith and Mrs. Wern-
er Zimmermann of Rio Grande Ci-
ty were guests in the Roy Allan
home this week.
B B B •
Mr and Mrs. E W. Dickey Sr.
spent Sunday at Caroline Beach.
(Continued from page 2)
and gowns there is a certain fa-
miliarity . . .
GEORGE TRAD visits the of-
fice this week to discuss sports
in general . . . thinks there
might be material in the city of
All-America calibre . . .
Application of a small electric
motor to a la am mower is the
contribution of K D. BOWEN to
the art of cropping lawns . . .
Genius BOWEN and his brain
child may be seen at work of
afternoons on the C. P. & L.
grounds . . .
COELIE FOSTER is very proud
of his new job as special deliv-
ery boy at the local post office...
According to an item in the so-
cial columns of Facts this week,
IRA POOL is visiting friends and
relatives in Oainsville . . . There
are those among his friends,
however, who figure that the
Oainsville circus must also be
5 PER CENT
Ranch Loans
W. M. Neyland
Corpus Christi, Texas
considered a main attraction tor
the visit . . . This all-amateur
show has made national head-
lines more than once and has de-
veloped some remarkab!. talent.
Mrs JOHN BURG drives up to
the station to inquire as to the
whereabouts of Husband JOHN
and. of course, that young man
is not around at the time . and
thats about the time we had to
get back to the office . . .
HARRY «Shortyi MAHAN has
acquired a unique dog trick
which should be good for a num-
ber of coffees before the novelty
wears off or the magnet loses
its power . .
That’s "30” for this week . . .
-XXX-
TAKE NURSES ADVICE For
baby’s rash use Zenzal. City Drug
Store.
APPRECIATION
I wish to take this means of
thanking all my friends and cus-
tomers for the splendid response
to the advertisement placed in the
Falfurrias Facts calling attention
to the radio service shop operated
locally by my son. Bruce McKown.
The public is invited to inspect the
shop
H. T McKown
Falfurrias Car Storage
-XXX-
Read The CLASSIFIEDS
ASK FOR
KINGSVILLE
ICE CREAM
tfxHitti Imjoa.' Be&l
Supreme
Radio Service
Located at (he Falfurrias
Car Stg. is opening this
week and offering a 1)0 day.
guarantee on all radio re-
pair work—Come in and in-
spect our shop,
Bruce McKown
WHY
Humble
Reduced
Oil
the
Refining Co.
Price of Crude
Tfi.« statement la published aa a paid advertisement by Humble Oil
a Refininq Company for the benefit of thoee who are interested and
not acquainted with the facta.
/ On August 11 the Humble Company potted reduc-
tions in the prices at which it purchased crude oil in
Texas and New Mexico by amounts ranging from 5c
to 32c per barrel, and averaging 18.5c per barrel. In
view of the fact that this action on our part has been
severely criticized before the public, we outline below
the facts and reasons on which it was based:
1. On August 1 the quantities of crude oil listed
below, aggregating 218,920 barrels daily in Texas,
Louisiana and Arkansas, were moving to market at
prices substantially below the Humble’s postings for
similar crudes:
AREA BBLS. DAY
Texas—
.West Central .............7... 7....... 37,000
Gulf Coast ........................... 22,600
Southwest ............................ 16,900
East Central .......................... 12,800
East Texas Field ...................... 6*850
Panhandle ................ 1,500
Total Texas ...................... 97,650
South Louisiana . .................... 81,920
North Louisiana and Arkansas.......... 39,350
Total ............................218,920
2. The amount of crude moving below Humble’s
postings was greatly increased when on August 10 tha
Sinclair-Prairie Company posted a reduction of 20c
per barrel affecting the oil produced and purchased by
It in Texas, New Mexico, Oklahoma and Kansas, which
action was followed immediately by reductions in the
price made by a number of smaller purchasers. These
reductions applied to more than 150,000 barrels of oil.
This, added to that mentioned in the preceding para-
graph, equals 368,000 barrels. In the three States in
which Humble operates, Texas, New Mexico, and
Louisiana, the aggregate volume of oil moving below
Humble’s prices approximated 17,/z% of the total cur-
rent production in thoee States.
3. The movement of constantly increasing quantities
over the past year or more of crude produced in the
new Illinois fields, reaching a total of 300,000 barrels
daily on August 1, on a price basis substantially lower
than Humble's postings in Us territory, exerted a pro-
gressively depressing effect on the crude oil market.
The effect was felt in Texes; and actually since April
1 Humble has lost 10,000 barrels per day of business
absorbed by Illinois crude. This loss of business was
In addition to that lost by Humble as a result of the
movement of crude at low prices in the territory where
few operate.
4. On August 11, therefore, the total volume of oil
moving at prices below those of the Humble was ap-
proximately 668,000 barrels.
' 5. The crude oil market has been under pressure for
more than a year. The price adjustments made last
October did not remove fully the disparity between
Humble’s prices and those of some oil moving In its
markets. Since that time the volumes of crude moving
below our prices have increased steadily, with the result
that when the reductions of Sinclair-Prairie and others
came on August 10, affecting approximately 150,000
barrels of crude per day, conditions were so bad that
we were compelled to reduce our prices to meet this
competition. In no case are our new postings lower than
the Sinclair-Prairie postings for similar crudes. ,
6. The Humble Company is primarily a producer
of oil. Its crude oil properties constitute its principal
asset. Its net production averages 133,000 barrels a
day. We are also crude oil merchants and purchase,
at our posted prices, 251,000 barrels of crude oil daily
in Texas and New Mexico. These prices also govern
the price at which we sell the oil which we produce.
Because of our large production we are vitally inter-
ested in the maintenance of fair prices.
Our refineries consume something near the amount
of oil which we produce. As a consequence, with re-
spect to our purchases we are in the seme position as
a merchant dealing in any commodity. To continue in
business, we can not over a long period of time pay
higher prices than our competitors. We are compelled
to meet competition. The price of oil, like that of other
commodities, is subject to change with market condi-
tions. These are simple and fundamental business prin-
ciples. We were reluctant to cut the price of crude,
not alone because of its adverse effect on our own earn-
ings, but also because of its effect on our customers
and upon the industry and the state at large. Under
these circumstances, we could not continue to pay the
prices we had been paying.
<
7. As a matter of policy the Humble Company
maintains stocks of crude oil very slightly in excess of
the amount required aa working stocks to carry on
operations. We do not believe in storage of oil above
ground but in production of oil currently as required
for market. We do not speculate in oil. We have no
desire to buy oil at any price to accumulate for storage.
i
8. We think the price for oil brought about by the
competitive conditions above mentioned is lower then
should be realized. In our opinion the flood of oil
from Illinois and Louisiana, most of which is being
produced wastefully, in violation of conservation prin-
ciples, is primarily responsible for the market condi-
tions which necessitated our price reductions. It is our
hope that these conditions will be corrected and that
the market will improve.
H. C. WIESS, President
HUMBLE OIL a REFINING CO.
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Behrent, Howard. Falfurrias Facts (Falfurrias, Tex.), Vol. 33, No. 11, Ed. 1 Friday, August 25, 1939, newspaper, August 25, 1939; (https://texashistory.unt.edu/ark:/67531/metapth864727/m1/5/?q=%22~1~1%22~1&rotate=90: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; .