The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-04-24
Especial to the Advertiser)

II Especial to the Advertiser.)
SAN FRANCISCO, April 15.-The
Mining and Engineering Review says:
The departure on Sunday, March 30th
last. from San Francisco of the oil
burning steamship Enterprise. bound
out for Hilo, Hawaiian Islands. marks
the beginning of an important epoch
in the history of oil production and
consumption upon the Pacific coast.
Being the first to actually install oil
| burners and proceed to sea, propelled
by liquid fuel. out of a large fleet of
| ocean going steamships which have
| been granted permits for the eSof
petroleum, the sailing of the Enterprise
drew together a notable concourse of
men prominent in oil and financial
circles. They gathered to witness the
first step taken in a matter of the most
of the State.
The Pacific Oil Transportation Com
pany was formed by some of the
strongest Californian and Hawaiian
capitalists. for the purpose of utilizing
and handling oil in all commercial
ways. 1t consists of such we'll known
fipancierS as Capt. VIM. Matson of the
Matson Navigation Company, VIM. H
Croker, John a. Buck, n. Ohlandt and
w. G.. Irvine
The management of the Sterling has
entered into a contract with the Pa
cific Oil Transportation Company to
supply to ii 4,500.0 900 barrels Of oil. The
rate at which this gigantic sale of oil is
contaminated is above the present
market price, with the privilege of ad-
vancing the price as the market value |
of oil increases. The contract, we un-
derstand, is for over 100000
The Pacific oil Transportation Com |
pauy miShS have accepted lower bids |
from other oil companies, but it was
necessary to its success to be assured |
Of regular delivery once it entered into |
a contract. and no other companies
than. the Sterling. with it's sub-com-
panies, the Sovereign and Vesta, were
In a position to guarantee the deliv
cry of the large quantities of oil re-
quired to fulfill the contract. The
Sterling could do SO because it has re-
manned entirely independent, and is
not tied up with small contracts or
oothersome entanglements of any kind.
The Sterling now has eight complet-
I'd wells and is, with it's sub-compa-
MES. capable of producing from 2006 to
1000 barrels of oil per day. The Vesta
has five wells with a production of $50
per well per day, and the Sow
,reign has four wells with production
y.
Both OF these companies pay a one
bird royalty to the Sterling.
The quality of the oil produced at
he Sterling wells is equal if not su-
'erior to the best produced in Kern
,ounty, and gives splendid results as
The sailing of the Enterprise, which
S one of the vessels of the Matson
Navigation Company, burning oil as
uel. marks another era in the COM
nercial life of the metropolis of CAL
fornfa. Another, and an unlimited
market has been opened for the produ-
ers OF oil, for already fleet of forty
our oil burning steam craft have OBJ
aimed permits from the United States
Inspectors of Steam Boilers, and will
ii burners can be installed.
The Pacific Oil Reporter says:
There are three of the Hawaiian ISL
nos which will be using oil in the near
uture. These are Maui, Kauai and
laval. The plantations on these ISL
nds in prosperous years. when a large
upply of fuel is necessary for the
'orking of their crops, will consume
l2.16S barrels of crude oil a year for
lel purposes.
In addition to the oil used by plant
rs for fuel small amount will be US
by the six locomotives on the ISL
ndS and by a few manufactures.
hese last, however. will probably be
in number if cheap fuel can
G obtained. so that perhaps in a year
two 720,0 900 barrels of crude oil will
g used each year.
The Union Oil Company has obtained
which oblige them to deliv-
: in the neiGhborhood of 800, 900 barrels
year to the islands. This oil will be
elivered by barges, and perhaps b.
sailing vessel, though from what
cint the oil will be loaded onto the
esSels is matter of doubt, though
robably from Oleum.
The Sterling Oil Company has also
ade contract to deliver a large
mount of oil to the islands during a
eriod Of three years.
The oil to be delivered by the Ster-
nS Oil Company viii be shipped in
re OF Captain William Matson's YES
is, the iron ship Marion Chilcott,
hich has a capacity when the tanks
e completed OF Is. 900 barrels.
This vessel will probably be able to
axe six round trips a year, which will
laole the company to transport to the
lands $4,000 barrels a year, or for
rec years 270, 900 barrels
Just how this oil will be transported
ON Kern river to a shipping point on
Re bay is as yet hard to say. The
1ronicle OF Tuesday morning gave a
lot-air story about the oil being =
tipped from Kern to Point Richmond
: pipe line. III
This story is obviously false. as the
andard OIL Company does not pro-
sc to make a common carrier of its |
pc line. and in fact the pipe line will |
I'VE about all il can do to deliver to |
lint Richmond the oil needed by the II
andard Oil Company. which has or
rs now for crude oil for fuel purpos- "