Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1903-01-14

bat the average was over 1000
barrels day short of the April
record. The shipments for October
were 1903 BAG barrels, gain of TO-
7s8 barrels over the figures for
September. The shipments for
December a year ago averaged 81,
GA barrels.
The total shipments of Pepnsyl-
vania oil for 1902 were 35,I54,56
barrels or e6,3I4 barrels day. The
total shipments for 1901 were SO,
4,4.511 barrels or the heaviest on
record. The decrease for the past
year was only 26o.65I barrels. The
shipments for 1900 were 35,357
432 barrels, for 1899 3"'276 633
barrels and for 1898, 3o637,63I
barrels. J
The net stocks of Pennsylvania
oil amounted to 13,I747I7 barrels
at the close of Decem Der, 1920
During the year 1921 they suffered
a decline of 2754,2q6 barrels and
during the first six months OF the
past year they declined 2,311,57e
barrels, leaving them at 7,Io8 844
barrels on June 80 There was a
gain of 47,1e5 barrels In July but
every subsequent month of the year
witnessed a heavy decline, so that
at the close of 1902 they had been
rednced to $500 127 barrels. Add,
Ing the net stocks of the Buckeye
and other lines handling Lima oil
makes total Of 23,oo5 53S barrels
In iron tanks at the close of Deem.
Der. At the rate of reduction dur
Ing the past month this surplus
would be exhausted In about three
years.
For December the Pennsylvania
stocks were reduced 387,944 barrels
and the Lima stools 258,688 bar
rels, making a net decline of 646, 932
barrels. This was at the rate OF
over 10000 barrels day. During
the month of November the Penn
sylvania stocks were cut down $780,
4S4 barrels and the Buckeye 2o8,-
432 barrels, making net decline
of se7,e o8 barrels, or at the rate OF
70 go barrels day. In October
there was loss of 399,244 barrels
In the net stocks Vt Pennsylvania
and of 1e2,44o barrels In the stocks
of Lima oil, making total decline
of sol 1888 barrels for the month.
The net stocks of Lima oil held
by the Buckeye and Indiana pipe
lines decreased 7 $40 oo6 barrels In
1898 and 1884 965 barrels In 1899
At the close OF December, 1899
they amounted to 1o,545e27 barrels
and were the lowest on record tor
ten years past Different conditions
prevailed during 1900, and Lima
stocks increased 4 433,oo1 barrels:
and on the last OF December had
reached Ia, $685. 2S baraels. Every
month Of the year 1921 witnessed
further increase and on the last
day of December the stocks were
17,76o,3o6 barrels the total gain
during 1901 was 2.771,37S barrels.
They made some gains during the
early part of the current year, but
since May they have been gradual
ly declining. The decrease during
1901 was 453,SSo and at the close
of the month they were down to
1906, 426 barrels-the lowest since
October, 1901.
The runs of Lima oil reported by
the Buckeye and Indiana pipe lines
averaged $3.50 barrels day In
December, which was drop OF
|1,4s4 barrels from the November
figures The November runs aver
aged $500 barrels. During Octo'
Der the average daily runs were
57,eI4 barrels, which was a gain
of 4I4 barrels over September, and
the heaviest recorded for the past
year. The average daily runs for
September of the Trenton rock
oil fields were $500 barrels, or
100 barrels more than the August
average For December year ago
the Lima r. were 47,S53 barrels
a day.
The shipments Of Lima oil for
the last seven months have been
very large AID those for August
were the rgest recorded In nearly
three years. The October average
was $3.50 barrels day, which
was only 20 barrels day below
that of September. The November
shipments averaged 67,e12 barrels,
which was 1871 barrels more than
August, the banner month of the
past year December record was
la.~11, he