Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-10-16
September PetrO-
Ieum Export

A gratifying gain In the foreign
demand fur American refined was
shown the past month, and the
September exports CT petroleum
products were the largest of the
current year. The valuation, too,
was greater than that of any month
since last December. Compared
with September q year ago, the
past month shows an increase. both
In amount and valuation Towards
the close of the month there was
sharp advance In the price of re-
fined, but 1t came too late to have
any effect upon the demand from
abroad.
August, usually a heavy month
In the petroleum export trade, fell
short of July by nearly 100000
gallons and showed the smallest
figures for amount of oil sent a.
broad of any August In the past
four years. More oil was exported
In July than during any previous
month of the year, and the valua-
tion was over 100000 ahead OF
July 1902
June vas behind May In both the
amount and value OF petroleum ex'
ported from the Uofted States, but
was far ahead of the records made
by January, February and March.
During every month save ore, be-
tween April, 1901, and December,
1902, our exp rts of petroleum ex-
ceeded $4,000, 900 gallons. For
every month of the current year
except July and September they
have fallen below that amount.
The refined market, which was
quoted at s 80 cents per gallon for
"a Abel test In barrels, and 5 90
cents In bulk at the beginning of
the year, was reduced 10 points on
January ~ and advanced IS points
on March 27. For the greater part
of September, the market remained
at 8 S. cents per gallon In barrels
and 5 IS In bulk. On September
20, there was an advance of IS
points and on September 80 of 10
points more, making barrel oil 80
and bulk oil S 90 cents per gallon
at the close of the month. Refined
oil In bulk averaged 4 s. cents per
gallon In September 1902. The
difference between refined and bulk
oil is now 2 g cents per gallon, In
stead OF 2 70 cents, owing to ad.
vance In the price of cooperage.
Exports of Texas oil from Gal
weston appeared tcr the first time
as a ,nspicuous feature In the
monthly statement OF the Bureau
of Statistics early In 1902 and the
foreign shipments for the year
amoun'e1 to 1866 S7s gal ons
and were valued at SAL SAG, The
exports tor the present year have
been very irregular. No foreign
oil shipments were reported from
Galveston during January, March
or June. For April. 1852. 118
gallons of crude and 1853 S62, gal
Ions of illuminating oil were ship.
ped from the Galveston custom
district. The exports from Calves
ton for May, 1903, were $4,000
gallons, valued at $4,000, while for
July the exports from Galveston
were 2,654,25S gallons, valued at
$4,000. The August exports
consisted only of 81 gallons OF crude
valued at $500, Galvestou's ex-
ports In September amounted to
sos e32, gallons and were valued
at SIS sol.
The total exports of mineral ols
for September from the Elstern
Atlantic and Gulf ports amounted
to Sc, 525.5t1 gallons and were val
ued at $6,374 o76 This was an
increase over August OF 8846 29S
gallons In amount and $628,I74 IN
value In comparison with Septem.
Der a year ago, there was a gain OF
S 6ee 1872 gallons In amount and
$so1,o oo In value. The exports
for September a year ago, We're
So,826,I7o gallons In amount and
81 812,e86 In value.
According to the figures of Mr..
10. P. Austin, the chief of the Blu
reau of Statistics. the total exports
for mineral oils for August were