The Volcano lubricator. (Volcano, W. Va.) 1871-1879, 1874-01-27
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II VIII ne nDIlCCu III dll al lISIS P'D-
liShed in another column, that the
price of Franklin pa Lubricating
Oil is advancing, and the production
rapidly decreasing. The decrease in
production is good news to our produ-
GERS. if it is death to the producers of
Franklin. for it demonstrates TO fact
that all the oil for reducing purposes
must come from the Volcano oil fields
of West Virginia.
Our readers will remember that by
test CT our Oils, made by Harrison,
Smith and Levering. OF Baltimore,
gentlemen who thoroughly understand
their business. that the West Virginia
Oils, Of So 50 So and $50 gravi-
ties. contained no benzine, and conse.
queutly was the very oil needed for re-
ducing purposes. The Pennsylvania
Oils outside Of the Franklin district,
contain more or less beuZinc, conSe-
quentiy do not make 50 large yield
when reduced. This fact alone should
place oar Oils at PittSburg quotations
st least.
Again, by the same test, it was found
that oar OilS-of Sc gravity and up
wards--when mixed with the lighter
GRANTEES Of Pennsylvania Oils, made
4 larger yield of illuminating oil than
when Pennsylvania Oils were used
alone, an additional reason why our
Oils should command higher prices
than any other.
What is the reason then that our oil
does not command higher prices: We
propose TO answer The question plainly,
perhaps too plainly to suit some, but
at the same time we shall eHdeGvor TO
point out what in our opinion, is the
remedy. The reason then is, that the
producers have in the main played
into the hands Of the oil buyer, by do
ing business on 4 large credit syS-
tenn. and to avoid being pushed they
have sold their oil at any price.
Another, Our producers have not made
proper efforts to sell their oil, having
ALWAYS entirely depended upon one
market for the sale Of their produc
ton: they have not banded themselves
together for mutual protection, but
have been relying too much on them
selves, never considering that all pro-
ducers interests were identical.
The remedy is now in their own
hands. Adopt and adhere to the cash
system; seek other markets for the
sale Of your productions, and organ
ize for one another's support and well
fare. Demand the highest price for
your oil and take it in cash. Don't
ask, when you go to an oil buyer
what will you give for oil to-day?'
Use your teIegraphs. Quote oil
to the buyer, and our word for it, the
price OF our oils will advance. When
Il fair market price is offered Tor oil,
take it if you want to sell, but don't
quote oil fifty cents or a dollar more
than you expect to get. Make fair
offer and stand up to it; that is bust
ness, and is the only way to do bust
ness. The oi buyer needs the pro-
ducer as much as the producer needs
the oil buyer, and the interests of both
parties are identical. Never sell oil
to man but once, who takes the ad-
vantage and quotes oil under market
price to you. Handle the oil business
in the same manner that you would
handle any other business and you will
make success of it. We saw 4 dis
patch from an oil buyer to one OF our
producers, which suits us and which
we think is the only business like way
Of buying oil. 1t ran thus: Quote
us your best figures for 10 car loads of
So OIL" The best figures" were
quoted and the oil was sold. Let
us have more kilograms like the above;
let the producers quote and the buyers
buy or let it alone, ard then and not
until then will the West Virginia Oil
command Affair market price.