The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-07-21

when q comparison OF past reports Is
made. The runs of Lima or Trenton
rock oil for the month Of June showed
asdatiy average of almost $1,000 barrels
day. while the shipments figured UP
an average, of close on to $1,000 barrels
a day.
1t was predicted in this column that
the net stocks would show an increase
Of at least half q million, but the
figures make the increase $4,000 bar
rel. In May the increase was 4 triGe
over 100000 barrels. During the months
of March and April both Pennsylvania
and Lima oil stocks showed an J In
crease. But in February the Lima
stocks were Increased. while those Of
Pennsylvania were reduced. In the
month Of January the same state of
affairs marked the trend of events
which ushered In the new year with Il
complete reversal course of figures that
had characterized the trade for long
time In the past. BY referring to past
reports II Is seen that for only two
months in the year Of 1899 were there
any decreases. In the stocks OF Penn
sylvanin oil. In the month Of June the
runs Of Pennsylvania oil had n daily
average of 100000 barrels, which .s al
most $50 barrels day above Mays av-
eruge.
One Year Ago.
One year ago In June the runs were
only 9l,363 barrels day. and FOR May
they averaged 99.1SO barrels a day. The
shipments Of Pennsylvania for the
month OF June average 96.0l6 barrels u
day-an Increase over May Of 6,9l1 bar
rels. The report shows that the Penn.
sylyanin stocks were increased In June
to the amount of 115,l47 barrels. while
at the same time Lima oil stocks made
n gain OF nearly 676.56O barrels. making
the increase in both Pennsylvania and
Lima stocks 1850. barrels or about
10000 barrels day. To so back to past
reports 1t Is found that the net stocks
of Pennsylvania oil at the close of the
year 1898 were fl,54i.753 barrels. and
that the increase during 1899 was 1867
096 barrels. making them at the close OF
1899 2.1G3.Sts barrels.
During the year 1898 the net stocks
OF Lima oil! were Increased $4,000 bar
rels. which figured up shows an aver
age Of 62O.13i barrels per month. In
1899 there was n reduction of 1888
barrels. which was an average decline
OF 3S6,2i7 barrels per month. AS indi-
Gated by past reports the stock OF Lima
oil at the close OF the year footed up
l0545,927 barrels, while at the close Of
1898 they were l5,lS0.S62 barrels. The
reports show that the net stocks IF
Lima oil on the 3lst of December, 1899,
were the lowest shown In the past ten
or eleven years. The reports also show
there has been an Increase In Lima
stocks in every month since the BE-
ginning Of 1900 and at the end OF Jui.e
they footed up l2S96,29o barrels. Adj
ing the stocks Of Pennsylvania and
Lima oil together they amount to u.s.
7s6.S77 barrels at the present time.
AS shown In this column in pnst re-
Views the runs of Buckeye oil were
glcatly increased In the month OF June,
and when comparison IN made, they are
the heaviest recorded for the past
three years. The daily average in the
month of June was 53,7ii barrels, which
Is an increase over the runs In May OF
ISIS barrels. The report shows that
the shipments OF Ohio and Indiana oil
were only 3716S barrels day--a falling
Off MS compared with Mays average.
Alb barrels. This. It wifi be observed.
Is the smallest figure recorded since
September, 1894. The total runs OF both
the eastern and. western fields for the
month of June were 1920 barrels. and
the total daily average shipments we're
133,1S4 barrels, which shows II differ
cncc In favor OF the runs OF 1896 bar
rcls. THE SCOUT.