Standard To Ignore Quotations

PITT3BURO, Jan. JA. - The Standard Oil oompany has created a sensation by doclaring Uiat hercafter it wiil fiz the dfllly prioe of iietroluuiii regardlesa of quotations un tlio oil exuhaiiííos. Joaepb Seep, the -principal Imyer for tho National Transit company and Standard üil company, saya tliat the quotations are no longer a reliable iudication of' valué and tlio )ri;c heivaltor wiü be as screat a t he markets oí the wurld will justify, but will not necessarily be the sanie prices bid on the exchanges l'or certlflcate oil.