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Sidney Telegraph in Sidney, Nebraska

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Newspaper

Sidney Telegraph

Location

Sidney, Nebraska, United States of America

Date

Jul 03, 1951

Page

7

Ohio Oil Company leaders and 1951 annual meeting notes

O. F. Moore, vice president and director, led the pipe line unit and joined the board in 1946, with long service in Ohio Oil and its Illinois pipe line. George F. Poe, production chief, rose from roustabout in 1923 to General Superintendent of Production. The 64th annual meeting elected seven directors, created an executive vice president post for E. B. Redpath, and reappointed officers as the company outlines earnings, taxes, and remobilization plans for 1951.

O. F. Moore Ohio Oil Company Sullivan County Indiana Brown’s Business College Terre Haute Robinson Marshall Illinois Tiebays Illinois Pipe Line Company Moore The American Petroleum Institute Division of Transportation General Committee George Frick Poe van Buren Ohio Wooster Poe Rock River Wyoming Salt Creek Neither Dome Byron Rocky Mountain Casper Houston Findlay Ohio Oil J. C. Donnell II E. B. Redpath A. M. Gee W. B. Emery H. C. King C. Z. Hardwick Redpath Howard H. West C. A. Jackson Fayburn L. Fox Elam W. Mauer Securities Department Lowell G. Edelman Kenneth M. Burris

Ohio Oil Pipe Line Report Highlights 1950 to 1951

O F Moore reports a nine percent rise in crude oil handled by the Pipe Line Department in 1950 with first quarter 1951 averaging 389 615 barrels per day. Extensions into new producing areas, a 12 inch line from Byron Station to Elk Basin Wyoming, and weather delays in building a 20 22 inch line from Wood River Illinois to Sheridan Indiana shape ongoing operations and planned conversions to a common carrier products line.

Ites O. F. Moore Pipe Line Department Byron Station Service Pipe Line Company Elk Basin Wyoming Wood River Sheridan Ind Middle West Martinsville Ill Lima Ohio Lne Martinsseville Patoka Til Indianapolis

Refinery Sees Volume and Profit Rise in First Quarter

Refinery operations reported average crude throughput of 37,578 barrels per day in Q1, up 13.6 percent from a year earlier with Robinson Illinois and Lovell Wyoming plants posting gains. Refined product sales reached 131.5 million gallons, up 5 million from last year, led by 9 percent gasoline and 15 percent in light fuels while residuals fell 22 percent. Plans include capacity upgrades at Robinson to 40,000 bpd, a larger Cat Cracker, Catalytic Reformer, and a Coking Unit to boost light products, plus a potential Alkalulation unit for Aviation Base Stock. Transportation enhancements include pipelines and a Toledo terminal addition. Net income for Q1 reached 9,015,064 dollars, up 7.8 percent, with net sales at 49,637,156 dollars. dividends of 50 cents and 75 cents per share were declared.

Treasury Department C. Z. Hardwick Robinson, Illi Lovell, Wyo Robinson Toled»y Ohio Lima H.C. King

Telegraph OPS Base Date Pricing Charts

Official government compliance forms available at The Telegraph. Includes envelopes in all sizes and related pricing charts.

THE Telegraph TRE Tele

Free Economy Essential For Oil Demands

A representative of an American oil company argues that the military and civilian oil needs can be met if industry operates through privately owned firms in a free economy. He warns against expanding government controls that curb competition, noting that postwar demand and reserves remain strong and that free competition drives progress.

Apostles of Doom

Oil firms deploy rooftop helicopter at New Orleans office

Oil men who began using airplanes to speed supply now bring flying machines to the workplace. In New Orleans a new oil company building will feature a rooftop helicopter landing platform with about 12 departures and landings daily.

New Orleans Oil Company

Also Mentioned on This Page

George Poe Pipe Line Co George F. Poe Eeeo Sidney Bob Fischer Rsks FHA City Loans C. A. Story Agency Dial Motor Company Chrysler Diamond Mo-Par
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