New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-04-27
THE PEfROLEEM MARKET.

NEWS FROM TIE FIELD AND RANGE OF PRICES
Further depression attended the petroleum markets
last week. special development: occurred 70 influence
values the field ne~s was not So bcarsh as h'd
been feared The position the general Held, however
unchanged and production Is IN excess OF cOhsuhpDJ
Perhaps the rate excess present is not sufficient to
cause alarm, but it IS reasonably certain 'hat with
the activity drill sustained there Will be some III
crease in the output the summer months At the same
:mc + promise OF substantial Increase IN snip
rent natural gain consumption is % be expected,
should the percentage Of gain be as large as ta
Of 1890 over 1889 would be sufficient 20 overcome
total yield that from $1,000 70 10000 barrels
day The exports Of petroleum are ahead Of LAST eNts
but the produce has to be sold at lower prices IN inc
first months Of 1880 refined oil ruled here at 'oo
cents per gallon falling t. 10 cents IN April. Whe III
Nay IL rallied ~ 40 cents. The quotation now ranges
from 10 to 75 cents and market seems to have
downward tendency. Stocks at the Continental European
ports larger than az this time year ago. "hc
the interior demand sho"s 20 important change we
quotations at Antwerp at 1914 francs where last
ycas the ranged from l6s to l. francs AT Bremen
quotations are Gao aIks Somlaiea WE s 30 manu-
featured article and conpslng ffuag pop@SrTn go " IL
not myseiy that crude certiheates should now rule 10
ais GEMS below the level Of last April -, a.. 49,,
weeks ii April indicate accumqa on in the net stocks
Of about 30G0OG barrels me qs aHetase runs IN = coo
5sTF in Apr 800 "a 7s bsrels IN 1889 4i5o9 bar
5,r ay s Of Fac Ge Ss qe h 6een bar,es
| Sar in I5 AR and SS g. barrel IN iSs Tha
pipe line figures from April 10 % charters TO the 24th)
3; w Yi3SSs:5 5 SssS 's e Is
Almost absolute stagnaOn ruled at the Petroleum EX
s sns Las, %f ascne S" on ' values o WAS tine continued
Ae1yaes rtGnc oil Priccs M from 70 cs9ts 70 o Us
followed GOVERN OF shorts P;cc, Tafed 10 I T6
S9a> Further sale. Of Bueh'ts Oh NM The market
elo Cd no more than steady. ,,- T., ,,..,,,.,
pS End the i'i f13s and
sOdated Exchange for the 49, two weeks were as follows
w,s ended h 81 IS H- &Sf APP, &&
XP NM '.'....-.''..-.. "a "a 20
E E,s7si :.:: :::...:., s. Ss e. q
saiISs.. 6a 90 IS o66 100000 1900
q Buckley certacaa;' s'2 Sa6 I Ez;9S;HFs
l7alsal7 cents.
ne refined markets continued heayy Quotations et,t @s,s in
sa c were REDUCED point, t. Gs2G 6lS Gch'S too
Jon at Phiadclpba aud Baltimore Gases were reduced
81 S i2' pd e to PEI q fGna 20 e re a Ss son &C.
e Forsisn qro'rons Tere ac sa,er a. An a. ?.
90 kios. ard London ) lilGd5' pence per imperial
LIVE STOCK MAEKETs-BY TELEGRAPH.
Bghalo Apr! 25-Catue-Reeeipts last "a hogis 25so
o "ee@ u SO 9ela cons sged loGgh 900 nee;
Ct dnG fhf @ % psSS % s1
.vefs g Z5as5 s. good lat cows - bulls. common
he'd total To- wcSG thus Ia O. 625 heal to- same time
az, "es% $50 hcaa eo9sSnao tiofE sS0'y MT III
ope2ed tcdy nd ccSf quiet and steady; YORKER gnt
70 best g5es5 20; met!rms. 81 2oaSj 80 pigs. - 30a
= Srccp diHbs-li ecc pts last - hours, D 20
heed total or week thus far $500 head ame time las
week $3.50 aead CONSIGNED through 1000 head, 34O9
a which 70 Ncw-Yok; 200 for sale marAct openci
sea.y and GUn: clos fair 20 best WOOL sheep.
50 OdTO - pDed "a 0s5 25 fair TO best WOOL
iairbs 50 50as7 ~ clipped do. IS 75QSO 40.
>, Louis. Observation-Disclosures 100 head snip
@ 400 head market steady; good 70 fancy neIye
e1sf % loo 70 10: = good, - 2Ou90 % IcNas
sad Indians, - 00as5 80 Hoss-Reccips 1000 head
choice heivY sjas5 Is: mixe1 grades ~ 4c4S5 Hight.
isf 70 bast - s5as4 o.. Sheep Receipts Joe head
sggnnens, 1000 head market steady good " choice