New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-07-28
THE PETROLEUM MARKET

NEWS FROM THE FIELD AND RANGE OF PhlCEs'
In view OF the extreme duness which prevails IN he
rude petroleum markets and the comparative quiet IN ue
rcaned oil business be well 70 put fol"afu INC
listing Ohio oil ce principal feature Of the ia''
The importance of the steps taken by the petroleum IN
change has De determined by actus eNP'II'''
h there i little do that they are big with importance
to the petroleum trade. There was meeting oi "'9
Conference Of OH Exchanges here on last Mohuas ''
TUESDAY and consultations were had Win iepre''n''
AZ the Standard OIL interests. The outcome was Nv
cson bv the Buckeye COho Pipe Line TO issue cerhc"
ON al sor in it. lines and by the united Oil eNcalt
to open the opportunity for trading III "' - 60
The importance Of ths concurrent action a. reS',"
oO situation the world hardly D. o'ei-
7, VIII h1nr into the field speculation ne" e'''
and oae that long been lacking anu !" ,,, ,o
possibilities TO be presented. it i no "onu l
commercal as well the speculative U'1' ia '
A. trivial rncaslre for furnishing few extra coiiN7
sloo. 70 brokers. the matter might be dish'Seo WIN
few lines A. a yielding 10y the stahdaru u al -
mon, ,rbicb certainly expects to utilize a. la d " 'V
nv, which opens il attack from perhaps us'Spo0
rroos {, is worthy Of eNcandcd comment IL Is 'hc
NOR. sure Of notice because the demand TOT e ne
nro surang from the managers oil inc ol HNOs 49,
nv, lone seen steady depletion Of revenues hrV"t INC
Inc out NJ speculston in certificates fcr Pens9
oil 1t IS bound to interest the specuiu'Nv ,,,nh
,orago community because OF che opportunities Wc
Gs 81, opened o ISI 6 ia al cres h been
used for years clement 81 snnot he intfoducd
1Soo the exchanges without FULLER statistics IMAM LIE
stsSdaa VII supply With the freedom that ATTENDS fS
pg6ieacn OF - @ who aad Ohio oil 70 Ae skies
to prove their faith by gGa ,T TIT be iS the superior
value Of the Older article witness any snS prSSery
pHson WIN hr opponSt- are mistaken will gain in Eae
By hn9sse of ssS8hs od dh Sose magnitude
vet to be tested and who Snn pSf( bulls viii
have tcdF tie strength q the st av to Zap
benent 81 from the errors Of fl ene o1 81 ~,
Have I'm S5SgOng 5 ,s ss Es
taken place in %5 6F look ' ahead e with then
S S'sp ,ScS Of t n,sr 1 FRSfii the
are msy the winter Is ahead with 5 T Of soc%s Above
making RrOgrSs at in ra pro GSf expected By
eS5hss # iloa R S.a Y gnfn essis' S$
the sE ne sSPPy Of As FSPSr % also ea{
ccEEg forward e Part Of HRors xh bPe Mas
s sSSE aff from July to "a Charters the 2'h' ere as
Total ssls 6 g IS 1' 1862 'i 3sSs S5dzS
Few words needed de:cIGs The weG S I'll t c a
paFsd gys ps' og S@dr and md t they 30
Of gG.; sne te ia sceR nd Ptos
aud the Stock Exchanges for the last TWO NeeN'
Week ended j S'Sef 81 EHJ Jag Ju
Opening sou
Highest SsJ.
Lowest
ssaiies bils........ 21S,oO0 10000 21l,OOo -4f"'
Refined oil was quiet without change IN price closing
at 20 cents per gallon in barrels ana 81 cents Ior
Na6sin and q1 IN S1siT snV WS &
,reto rrhangcd at Il per 100 kilos II Antwrfp
6 90 mar6s per 80 kiIo> IN breHel' anu ''-'"'N POM
per imperial gallon IN LONDON. ,-.,, Transit cort,o
c,ts oIt6ed sol. highest s09; lowest; G. closed
s9 shipments 1859 o9s p9s ma u nothing
doing National Transit certificates opened at SO closed al
Bradford. Penn. July 26-Sauonsl i blbt SOL;
~ lie 20 600 Dds