The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-11-28
GREAT VALUE OF
OUR OIL EXPORTS
Total For This Year Will Reach
Sum of S8O,O00,OO0
EUROPE TAKES MOST OF 1T
RECORD OF OTHER YEARS WILL
BE BROKEN.
EUROPE TAKES MOST OF /

Washington, Nov 27.-That the oil in
dustry of the United States is of the
greatest Importance IN the foreign COM
merce of the country is shown BY a bull
letin issued today from the bureau Of
statistics of the department of commerce
and labor.
Exports of mineral oils from the United
states promise 10 exceed in value St3,oJJ.-'
90 in the calendar year 1904. Ten months
figures show a fetal value Of such oil eX
ported at Sj6.OO0OO0. speaking in round
terms. which is a larger total than in the
corresponding months of any preceding
year, though in quantity the total IS less
than that Of the corresponding months Of
1901 or 1902.
In five of the ten months of the present
year for which figures are now available,
the value of mineral oil exported has eX
ceeded S7.GO0000 per month. while prior
to December. 1903. this value seldom. if
ever. reached so much as 100000 in any
month.
should the value of the expo,5s of No
Vember and December run as high as that
of September and October the total eN-
000.000. against S72,000,090 in the fiscal
year 1904. and viii exceed by 100000
the record of any earlier year
Total Quantity For Ten Months.
The total quantity of mineral OIL eX-
ported in the ten months ending with De-
tober. 1904. is S23.000.O00 gallons. against
$4,000, 600 in the corresponding months or
]
months of 1901; but the value exported IS
$40, 10000 in excess of that for the ten
months OF 1902, and 100000 IN excess
OF that for the corresponding pCdiod Of
1901
Should the present rate of expectation
continue during the remainder Of the cal
endar year the total quantity exported
would exceed 1885, 00O0 gallons, and
the value exceed $S0O0O,O0e. or ar aver
age of about cents per gallon for the
total eXDOTtatiOn.
OF the S2S.OOQ,000 gallons exported in
the ten months ending with October, 629,-
zoe was illuminating oil, n $50, 600
crude oil 100000 lubricating ard par
affin. 100000 naDhthaS, and 26tO0,Wo
resiluum. OF the e290000Q gallons OF
| Illuminating oil. exported during the ten
was shipped from the port Of New York.
{ 2l3. 600 000 from Philadelphia, J0000.OO0
/ from Baltimore, and 100000 from Cal
weston
! The expectation of mineral OF from
Galveston is of recent development the
total number of gallons exported In the
ten months of 1903 having been less than
/ 100000 gallons and over lS.0OJt0 IN the
corresponding ten months Of, the present
year. ID 80
Europe Takes Larger Part.
In distribution much larger share Of
the mineral oils exported goes TO Europe
/ than is generally recognized IN view of
| the frequent statement that mineral oils
/ form so large a share IN exports from
the United States to the Orient.
| OF the 00,0000 600 gallons of refined
mineral oil exported in 1908 15lC00000.
/ speaking in round terms, went tC the
United Kingdom alone H6,@e 0N to
Netherlands and 1l1.000000 TO Germany;
I while the total 10 all Europe amounted
/ TO 5O0.OOOO00 gallons leaving hut 10000
600 for distribution TO all other parts of
/ the world.
Of this total less than 10000,00G went
j to Asia 100000 to South America. 20
100000 to North America, $500 eco to
I Oceania and about IA 100000 to Africa.
The remarkable growth in expectation
/ has been fully justified by production in
the United States. which has grown from
J q 10000 gallons in 1860 to 220CtV,000 IN
/ 1870 1104,0 100000 in lSS, ls24,eO0oO In
1903 according TO the preliminary figures
of the geological survey