New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-01-25
THE PETROLETN M4RhET.

NEWS FROM THE FIELD AND RANGE OF PRICES
The petroleum markets lately shown stability
which reflects the recent slightly favorable change in the
aspect OF the field An opportunity afforded for the
producers exhibit vision in controlling the output so
as % better values. The Mcdonald district has
been well.drcd and while It contribute the
important Of 10000 larels daily TO the supply,
pool longer is alarming factor Of the situation
January production Is considerably behind that
month and in the absence OF unexpected discoveries
the tendency production will be downward for
month to 1t is when good spring weather
begins critical time for the market Will arrive
Should there cXtIayagant rush with the drill IL
will difficult sustain values oven at the present low
level But II Independent producers adopt
tive policy at all improbable that an improvement
in values will The exports OF crude refined etc.
the Atlantic ports since January have amounted
20 10000 gallons an increas, a 2Sss,OO0 gallons
over the corresponding period Of 1871 There IS little
doubt the foreign demand may be stimulated by
evidence miners Of PENNSYLVANIA oil do not intend
crowd production TO It's utmost possibility. In
neon with the consideration OF the prospects for Penn
sylyana oil be well u note that the q
sumption production in the Ohio fields i now nearly
equal the excess OF supply demand IN the Penn
syl,ana oil regions. OF course the grades Of Oh
are no: near level either in quality ar price,
but IL significance the entire petroleum
industry have this balancing OF total output and con-
sumption. The daily excess 81 iun- over de-
Iyerie in the Penn.y lvans pipeline movements has been
this month 1885 aels the daily average excess OF
deliveries over run. Buckeye pipeline Is 10. 1913
b aay ard ne Ssa GS"S a The G Sd % % Oil
orally Larsh position in Pennsylvania nay be materially
nodled regards is effect upon NolCes, b tho bush
rhc daily average Pennsyl,ania pIcline runs for the
r5sd Win "i a;See Of bsfrS in becmS.r
i6 Jan ra 1870 = 2s aSe. in 1883 and 50 79s bar
rc ln 1855 The de,eric, have averaged cs s05 barls
and II $50 S5i nr IN gso 's 50 80 Sis
sssl@t barrels !s@a,y Is 10 go, barre. IL.
Tho pipeline from January to Il charters to the
22d) nclu'ive were Is follows n, r,coss
A AS's S' per day $3.50 dss55 1885 $3.50
The Buckeye pipeline report as foiows ,x.o..
Runs Deliveries. Deliveries:
1 Tye..s p., sss ls 9ss 1879 1873
Speculation crude certificate. continues at low eb6;
to SO cent market -cngthend under some inI.ass
e the Se"sna na IS Of s n y
bulih reported At hG West .a but :, de- de-
sRts 1sX Tgs and fg e Of the
The Of prices he total dealings II -, National iona
aodicd Stock and Petroleum E>cha for the a't two
weeks were as follows Stock Exchange Consolidated
Week ended JsS' t. JAM 3. Js@Ss,IS. jsa =
i 2Rsiss .......:: g. KS g.
s s,hal harrc..... &C 600 1000 1900
tone was sh'dc hrmer oro.1ton cle:ed uneangsd at
Al cents per gallon bulk 800 cents at New-
York uhe quotations Philadelphia and Baltimore being
lover and 40 cents giiOn IN caPs 'ruue
Was unchanged $50 cent In barrels buk $50 cents
hut Washin gtOn crude owing a diminished output "a
held points $50 per gallon In barrels ana
~ cents IN bulk. -. -. -. ,on
loS at Antwerp aud ~ pence per Imperial RaIi"n y,
london Quotations Bremen have been c-cohIhu'u
for the last few days.
oil City Penn Jan 23-N"tional Transit cctt nea
oncncd at highest G3c lowest O2Sc; closed o-''
s.rs 70 OlO bbls clcarances. 10000 bbls. - ,.,,
ptt.burg. PENN Jan. 23-Peiroieum du,i NII g9.
Transit certificates opened at 62sc closet et o-e''
highest 63c lowest 627sc: .,- ,r....,, o.,,,o..,es
opfned at G27sc; closed at G21c highest, O5ci Io"es"