Evening Republican, Volume 23, Number 128, Rensselaer, Jasper County, 27 May 1920 — Page 3 Advertisements Column 1 [ADVERTISEMENT]

Where Gasoline Prices Stand QL product* have advanced in price more slowly than any other products. The U. & • Department of Labor, in a comparative statement of price advances between January 1913, and December 1919, says: Ob Sa MbeSw taMb ISO S takm «• Aa NrnMl Mm fer 1*13) XF'V" SKSS CkMht and Clothing ..... 100 335 235 % • Houm Furnishings . 100 303 203 % Labor and building material . . 100 253 153 % Fann produce ....... 97 244 Food 99 234 136.3% Cham irate 101 179 77.2% Fuel and lighting . . • • • • 103 131 Metals and metal products . . 107 1M 5S % (Moatkly Latar Baviaw. Vai. X. No. U On January 1, 1913, the Standard Oil Company (Indiana) was paying $144 per barrel for crude delivered at the refinery at Whiting, Ind., and was soiling gasoline for 14hc per gallon. On December 31, 1919, the price of crude had advanced to $3.51 per barre), f. o. b. Wbitipg, and the sailing price of gasoline to 21c per gallon. In other words this Company is paying two and onehalf timeo as much for crude oil as it was in .1913, but because of Ha more efficient refining methode it is able to sell gasoline to you for lees than one half more than was charged at that time. (Cantbinins the «eHe:) Crude Petroleum 100 240 140 % Red Crown Gasoline . . • IQO 144.3 44.8% It will be seen from the above tables that gasoline stands at the end of the list as regards price increase, and that crude petroleum stands sixth from the end. showing how effectually refining efficiency has operated in behalf of the motorist. Every cost entering into the making of gasoline has risen immensely. The cost of crude, the cost of refining, and the cost of marketing are all greater than ever before. The Standard Oil Company (Indiana) by superior efficiency in every process of refining and distributing has contributed in no small degree to hold the price of gasoline down to its present level. Every man in the manufacturing end of the Standard Oil Company (Indiana) is keenly alive to the pressing necessity for an increased output of gasoline at a minimum manufacturing coot. ' The ideal toward which the Standard Oil Company (Indiana) is striving, is to put Red Crown, a gasoline of known, standard quality, within the reach of motorists everywhere in the Middle West, at a price so low as to make possible the free use of that 25 percent increase in automotive vehicles which is anticipated for 1929. Standard Oil Company flsdiMSj 910 So. Michigan Ave., Chicago

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