Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-12-16
November Petroleum
Exports


November fell below October,
both In the amouut and value OF
the mineral oils shipped abroad.
The shortage Is over SOC, 700 gal
Ions In amount and about $275, 900
In value. The foreign demand Is
below that OF November last year
by the same amount, 1870. 900 gal
Ions, but the increase In value over
the corresponding month of 1902 Is
upwards Of 81 900, 900.
The October exports of petroleum
and It's products were short by over
S, 500, 900 gallons from those OF
September, but there was crafty
Ing increase In the value, owing to
the higher prices obtained. The
latter fact accounts for the falling
off In the demand, the aggregate
exports for the month revealing a
decrease frsm the corresponding
month of 1902 of about 1900, 900
gallons The amount received for
the oil sent abroad In October was
the heaviest of that of any month
since August 1900.
The September exports were the
largest of the current year and In
value were ahead of every other
month, with the exception of Octo
Der. Toward the close of Septem-
Der there was a sharp advance In
the price of retired, but 1t came
too late too have any effect upon
the demand from abroad. August
usually heavy mouth In the pc
troleum export trade fell short OF
July by nearly 100000 gallons
and showed the smallest figures for
amount of oil sent abroad, of any
August In the pas: four years.
! The r. fined market, which was
quoted at 8 80 cents per gallon for
"a degrees Abel test In barrels, and
S g cents In bulk at the beginning
of the year, was marked up to S:55
cents In May. This remained the
ruling figure until September 80,
when there was an advance of IS
points, followed by a-other advance
on September 80, of 10 poin' more,
making ba1reled oil 8 80 and bulk
oil S 90 cents per gallon at the close
of the month Further advances
were made during October until
9 80 cents PR gallon was reached
on the 20 b. Values were again
marked up on November 20, and
the month closed with rehued In
bulk at 6 g. and In barrels at 9 so
cents per gallon In November,
1902. the price O. refined In bulk
averaged q 81 cents per gallon.
Exports of Texas oil from Gal
weston app ared for the first time
as a consple|ous feature In the
monthly statement of the Bureau
of Statistics early In 1872, and the
foreign shipments for the year
amounted to rs 666 875 gallons
and were valued at $24I 649, 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 .IIs gal
Ions of crude and I $50 s6a gallons
Of illuminating oil were shipped
from the Galveston custom
districts. The exports from
Galveston for May, 1898,
were $50. 900 gallons, v'lued at
s. 900, while for July the exports
from this port were 1854 25S gal
Ions, valued at $1,000 The Au-
gust exports consisted only OF 80
gallons of crude, valued at So Gal
veston's exports In September
amounted to 1865 932 gallons and
were valued at S15,5o1, while o.
tober exports were asa gallons of
crude, valued at $40. For Novem.
Der the shipments from Galveston
consisted of 1868 53o gallons Of
crude, 2 432 80 gallons of refoed
oil, aud s,o23 gallons of lubricatiug
and par; flo, Of a total value of
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