The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-12-26
THE GASMEN'S MILLENNIUM
THE Yearly DECREASING SUPPLY
or THE AMERICdN OILS.
A Possible Cessation Of the Flow in the Nntu-
raj Wells Two Years Hence-1be Antici-
pntory Effects on the New York Mar
Let.- inra, Ounntittes Hcut TO Europe.

There Is n good time coming for tho
vasmen and whale fishers, a sort " millennium
when petroleum and its products shall not any
more work them woe by Interference with their
monopolv OF the worlds Illumination and lubti-
cation. Year hy year the supply OF the OIL wels
IL found to be s,eadiiS diminishing until now u
f. 20 far below TIE demand that prices are ap-
preciating. Grmly and with sufficient rapidily' TO
awaken grave aprrehcnsions for the future.
At the rate Of decrease In production
which has been maintained ~ late yeais with
the exception II the temporary improvement
effected wear and a half to Two years ago.
when the oil wells were generally stimulated to
unwontod activity py the exploding Of dynamite
lorpedoes in them-it will take the world only
short time, uossiblN not more than ~ o decades,
to reach that point. 1t l. badly to be expected
that tie wells will all absolutely dry up hud
yield nothing ~ That time although they may
do So. Vigorous pumping, lucky mas OF new
wells, and iudiciuus ductuiius OF OLD ones VIII
doubtless AFFORD some on iti Almost an tihe'
but II viii TO Sc rec. and run-equen,N dCtr
w to ~ cents per gallon. keroscnc is the cheap
est illuminatOr e tQunl effectiveness that the
world Knows IptO IN cents 1t Will stlil 10
cheaper than anJles at 10 cents per pound. But
beyond tn Gsurc II must boar fancy price.
Al this time the entire Yield II crude We
tfoleum suit.nle for the III King Of Illuminating
nil l. about 2,.U.Qto 2sOD iauels per diem; OF
which two-thlfd- 20 to tie fore ign market.
That Is at least lVtOJ per diem less thnu the
yield II eighteen m onths Or two wears agu. aud
prouuvris ~ -, , ~ - ,.1 Irr r di,n
Inc wi IL T r wv a es n net 1 egu
and ds or w IKE secs, ,e old stoers are Geins
worked on so thit therr seems no reas N 10
rsnued oil. from IN, lul lille of near Two years
nen 10 The 70 &C., no present. There are
no more o. the great flowing Wells poutint out
hundreds II barel. daily. 1he botings have
bern pu.ord down sucrr--iysly though the
nrst, second third aud iouttn sand.iones uniil
hp ae, f irS & 10 Tine b,oAcn ~ lac niilen
,ss,,x',tt- ~ IN. t,,arl. II iuv earth anl tenn
por ril' Improved the ,,Id;ucw wclish.Ne been
success ana .ow,rlui pump, have Otcn invent
A"tt"ysi.r al s,ros-i,e appi, "a .te-. T. o man
ufacture uf on nom the -hale Of coal mines
s s.u p't n, ,s ,rti,mi I'M. 'trolenWt
M I,unt att,iu NJ ~ iniIprt.fit,., ana the sup
pi, Ton, /, i, ,,,irt, 3. Ion cousid,r.bit ex-
tent, tthsse tlcIr,s-uic Il scarcity at Neto-
s nm 1e'r o.. ''l tor .,1lam. nlol".
sale Ind ~ .nit.Ct ID u.,.. ctst stil more. ~
Ills tine lie .t.ferl.t III D.. - tO,1 cent.
1ne .cfO. cue "a. .-iu Is aiu.o.. t.ursly IN
a. tic :; tifi 0.i i-o-.l nv. ...icI has e. IL
tai Of tror. t,g.n.y ni.iuus of dollar. AID
sfpl '.u md ,.t't WIKI i1 a,i
n,~,.f So, N.r. ri,y'l'fl Otl fterk gI'fl.-
WI. Enc. lnatdrlpt 81. % II DO. Bi,iuor'. sind
al g., 800 .,..i'. u.Ullll, Nr.t fn .fL ,itN-
nrt. Nii.nu Veto. fal.n i.o tie cuiitau, IS
hnna-.ipi ,.,u tucy fire. ,c sunny c.utr a
by III, i..-t .. siii =. n-,.ueuty tue land al
III t.,,' r... g., I.. lid D.. in. nnii ga b. .
-. 49, .. 'fI .l IA Xxx ~ .r. d, .
ssrI,,., "
in, .,i ,,-. '.,,.i ana ..,..,.ti.t As the
con,;ai, namtl H. .nA nt.r NV Nui> disul
~ ',t.n ~, . ,.,.r ,fl..,, III 49,. "a ii y .i,i
prnn t'... p. ~ .. .sr,. iii. t,t, f,f,,.. 49,
,,',,..t "a, %, "a .f ,..rl'tt ~, ~ A. fIl . 80,
en-, .n.,,tff n,'.y.vrr =, i,'ti',r H.. VIII
80, -. r,,,iet 49, in - itr,.. - 49,.
kerosene maul f.c,urtd ia this country hud-
,,'''.,.,,,tt i. 49,, ana n,Iai,.., i. rnt
Ir,,,.. .., X -. l.
Natural. ur ex.ect,G The rapid rise in
o..t..- p. 4 20 Iitl it AZ, a,i- i,t M, IA sal
,,.-,''i = - l',ti' ~. ~ = ~ ~ I.
~, ~. ., 4 r>,-i....i. ID. nm -...' 4 ff.
MAR a ,r- Il, ,I.i. ,.ni. "A me q. Il Up.
ri II in.,,.tt ...o a.. l,.t nf oar ttoiu.t an
t,r.',, -, lv ,l',.,.r ~ a. 49, 'i,i ,,.,l . !.
eet.sri i.,., h., l.,-. tr i,.nt .i.i,. 4. lie
stnndri,l.i conn 'u, An I1-I.i comma. , II,
tuil4in. !rrl i.,g ,'orks Il licr.eu T. .t with /.
l. 1uAvie, 90 &c ~o.n- 50 on tme s.n-li g..
80 ' ~ ~, fol.ri,,,t,,, ..ii4 l,. l,en ..il,.
letf.U L. -lN.s tllttu .tI.4.s. tNDIft44N. l.