New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-09-26

The recent advance in the price of crude
and refined petroleum has created little stir among
dealers not Immediately connected with and, to great
extent dependent upon the large companies Tor sup
ply The senior partner OF "a Madenane firm SAID 10
TRIBUNE reporter yesterday that the daily production OF
the oi-wes of Pennsylvania was about 30000 barrels
10000 Of which came 10 this city. During the Summer
of1S76 he said the freight small dealers by The Elm
pre- Line, 81 65. net, per barrel The
method of purchasing at the oil region was by
certificates setting forth the number OF barrels
contained In we'll These certificates were endorsed 10
the purchaser and he could remove tho oil at his pleas
ure but when the dealer required the oil 10 oil pressing
orders, the transportation companies which owned or
controlled pipes tank-car threw impedments IN
the way, by claiming that the cars were ID use OF inc
pipes were engaged This, he added had forced dealers
to abandon purchases the wells, and TO deal excu-
siVely with The Standard Oil Company and few others
here He had been Informed lew weeks ago. tnal tne
standard Company was making arrangements for the
purchase OF the Empire Transportation COmpany's oil
tanks pipes and Early in the present year OH began
Der to ~ cents tnis month wgn the past ten days.
tie Standard Oil Company and its associates had ae
manded cents per gallon or about % cents Per am
rel. He admitted that there must have Deeh loss vi
sales 72 cents unless private arrangements were
the general opinion ~ tne oil trade thal
combination had been formed between four or hye
dealers aud the railroad COMPANIES 10 mohopyi]e ,no
transportation of OIL The Standard Company ne says,
desired to make Oil remuneratlve. He did not believe
the price would be forced up suddenly Dut Dy eegecs
until IL was rtstOleu 70 "a
ent the Standard Company declined 10 make sales IN
quantity for future delivery at longer tune than zen
days. During the past fourteen years. slnce tls gete
had been engaged in the business me nucI.lons
price of oil mad been very great ana ne nau pau
high 81 per gallon, and as low as Genus per
gallon. $1,000 60
increased rg tariffs, either already enforced OF 10 pe
made Immediately. 1000, o.o.os
William RocKafoller OF the Standard Oil Company states
that ast week he received notice from the Ere New
YORK Central and Pennsylvania Ines that 1t had beep
decided 10 advance the transportation rates on OIL ana
profit at re cents eailon Ior tluu W. -
was deemed proper TO advance the plce 10 cents lc
to-day notice was gwen him that the rates chargeu
by the railroads would be 81 90 per paiTu LOT
refined and 81 Is for crude petroleum lhls was
largely in xcess the rates OF previous contracts Wch
owing 10 the rivalry between the Standard ana Empire
C,mtauies. had been made at extremely low ngures
re 1enied that there proposed analganiauOn OF
the two Ines and that the Standard Company hau
nothing Whatever do with any freight combination or
rng tne trunk lines beng the sole arDers IN such mat
ters. The increase in price, he insisted, was maze soey
because there profit III oil az the present Rates