Sistersville oil review. [volume] (Sistersville, W. Va.) 1896-1901, 1898-11-16

oil at the close of 1897 were Io,7So.-
652 barrels. During January there
was decrease of 153,334 barrels,
followed by an increase in Febru-
airy of gil ,46o barrels of Ie4,so3 in
March. OF 232, o72 in April, of $780,
aS4 barrels in May, and of I35,o4o
barrels in June, making the net
stocks for June 80, II,79S,S77 bar
rels. In July there was a decline
OF 1926, in August of 7I,4s5 bar
rels, in September of 59,632 barrels
and in October 35I,7S3 barrels,
leaving the net stocks at the close
of October rr,24o,7I2 barrels. This,
added to the net stocks of the Buck
eye ard other pipe lines handling
Lima oil, makes total of 1880.
843 barrels, which. at the present
rate of consumption, would last
about two and half years.
The net stocks of Lima oil held
by the Buckeye and other lines in
the Ohio and Indiana fields have
been steadily decreasing since last
November. For the month Of
September the decrease was 669, $50
and for October 722,I32 barrels.
The decline during August
amounted TO 764,728 barrels. In
July there was a falling off of $780,
7o7 barrels. During May there
was a drop of COG, 4o4 barrels. For
April this decline amounted to &c.,
354 barrels, for March 726, o55 bar
rels. The January drop was 4Sr,-
$40 and the December 3oo, 600 bar
rels. The Lima stocks on October
81 were 15,2ee,I3I barrels, which
was lower than any point touched
during the past five years. The
credit balances Of the Buckeye Pipe
eye Line on April 80, 1897,
amounted to 6,54o,377 barrels.
They dropped off during July and
increased slightly in August. but
during the next II months they
continued to decline and on the
last of July, 1898, were down to
I,o55,642 barrels. They have been
picking up since that time and on
October 81 were 2,799,I3I barrels.
The Lima runs for October av-
eraged 47,25T barrels day, or 1859
barrels below the average for Sep.
TENDER. The September runs of
Lima oil were 48,4Io barrels day,
or oI2 barrels below the August
record. The runs of Lima oil for
August were the heaviest of the
present year; they averaged 4e,322
barrels day, gain of 4,24I bar
rels over July. They have not
reached $4,000 barrels day during
the present year, although averag-
ing much above that figure in 1898.
The average daily runs of Lima oil
for July were 45,o8I barrels, for
June, 46,946 barrels and for May,
45,36e barrels day. During April
the runs were 46, 24o barrels day
and during March, 47,64s barrels
day.
The shipments of Lima oil for
October were o,546 barrels day.
a gain of 2,7e7 barrels a day over
September. The daily shipments
of Lima oil for September were 67,-
74o barrels day, or 1885 less
than the August average, which
was the heaviest on record. The
August average was 7I.734 bar
rels, or 8, 22o barrels above the
July average. The Lima oil
shipments averaged 6a.4s5 barrels
a day in July, 65,S53 In June and
5,o28 barrels in May. For the
present year they have been unit
sually heavy. The March average
was II o66 barrels day. For April
the shipments were 68,62I barrels
a day, or 2,445 barrels below those
of March. The total shipments of
Lima oil for the first ten months of
the present year have averaged 67,-
58S barrels day, while for the en-
tire year 1897 they averaged 6o,683
barrels day.
The total average daily runs Of
both the Buckeye and Pennsylvania
fields for October were I27, 5o4 bar
rels, while the shipments were I62,-
I42 barrels, or an excess of Ship
ments over runs of "a. 63S barrels.
Derrick.