New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-02-01
THE PETROLEUM W1RhET.
Ews FROM THE FIELD MD RANCE OF PRICES.

NEWS FROM THE FIELD AND RANGE OF PRICES
The feature of the field situation last week was the
slight the daily output OF the McD0ao us
trc, where the Weld has risen from 3oooo b,irels 70
nearly 80, 900 barrels day II j. not rhpos>o'c h"O
this pool report a2er figures for The next week
mr. two hut IL is not AZ all probable. unless there should
be totally unexpected developments. that q; should ever
recover the alarming Characteristics when IL once poS
sessed. All that be- said oil the movement oi ho
entire production Is that IL is sustained al SUBSTANTIALLY
the sane rate Of week ago and this also be said
regard the consumption The daiy average
excess OF runs over deliveries promises accumulation III
stock thi, month Of 100000 barrels, which
however, disturbing was the Increase IN De-
cember Of 1000 900 barrels The field report for
January Is awaited with interest It may throw light
On disposition Of the producers with respect 10 o
drill. There has been more bullsh feeling at The
Western markets recently and this hardly be &C
counted for assuming that the producing element
virtually decided upon conservative c0dr' in tho
development Of territory. Production IS not sur
fcently decline warrant aught but restriction
Of operations the AIlness Of speculation lat week
and accompanying heaNiness on account OF the small
the Mcdonald pool Prove that the market cannot be
further shrinksee in me output AZ no material falling
10 leave as much stored under the ground possible
M dan. a.y Sa3 & s r@4 sc@ a GSi
wa Gi .n 2S basel s in IS D cs SsT ls
1870 s EaSe IN sye sss s s2S ear ,
day against 80 499 earre' In peesnoGT lssI 5g s5 bar
reels IN ' iss and aSs s s''s $50
have averaged O62 barrel, against l6S barrel, IN
Innasv 1891 274f3 barrels 1890 45I47 barrels in
IssS and 20 400 barrels in 1888 The pipeline figures
from January - Charters to the 18th Inclusive,
O. fellows: -
ro. oes RPs:l ,sSs5 S? 5a5;5:
Ayerac &c Der day Sc, S77 6S6S4 1853 53,OG2
The Buckeye pipe line reports as follows:
7.,. Hs?f 9.'S;,:: ''$%:
Price. OF little changed from week ago,
The news was not important but rise in the output
Nc ponad caused a slight recession In values The
fst closed slightly above lowest prices but the late
dealings were fairly active, and the final tone fully
The range OF prices and the total dealings National
Trasst certificates the Stock Exchange and the Con.
Fodatei and Petroleum Exchange for the last two
weeks follows
Week ended jan 2S. Jan. 80. jan %. Jan. 80.
Oreniog ............62is 623a ga. G2L
Highest ........-....-..-62s g. ga ~
Lowest
Sales barrels. 5000 $4,000 10000
The petroleum ruled dull IN the main but
prices ended unchanged al 645 cents gallon In barrels
tbulk, 395 New-York. the prices Philadelphia
and Baltimore eng 10 points lower and 20 cents In
Crude in barrels unchanged at 80 cents and
$50 cents In bulk. but Washington crude advanced D
Naphths wss the at $50 per gallon.
Foreign Quotations firm, but without change
follows Antwerp. 1872 francs per 100 kilos Bremen,
ESQ per kilOs; London, 716d6i2d per Imperial
gallon
Oh City, Penn. Jan 30.-NatoDsl Transit certificates
opened 624c highest 63i2c lowest Goc closed 62lsc
sa~. ZOO bbls clearsnocs 17 900 bbls shipments.
~, 500 bbls runs 1875 $50 Dbls.
Pittsburg Penn. Jan 30-Petroeum dull and steady
National Transit certificates opened al 62c closed 6Yc
Highest, G24c; lowest, &c.