Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1904-11-24
Promise to Exceed Seventy-Five
Million Dollars In Value In
the Year 1904
SHIPMENTS FROM GALVESTON
Discovery Of Of, in the South Has In
creased the Export by Millions of
GaIIons-Larse Share of the Exports
Go to Europe and Orient Is Good
Customer.

Washington. Nov 24.-EXports of
mineral oils from the United States
promise to exceed in value rs million
dollars in the calendar year 1904. Ten
months figures just presented by the
department OF commerce and labor
thru its bureau Of statistics show a
total OF mineral oil exported at sc
million dollars, speaking in round
terms, which is larger total in value
than in the corresponding months of
any preceding year, though in quantity
responding months of 1901 or 1902. In
five of the ten mouths of the present
year for which figures are now avail
able, the value of mineral oil exported
has exceeded Z million dollars per
month, while prior to December, 1903.
the value of mineral oil exports seldom
IL ever, reached so much as million
dollars in any month.
Should the value of the exports Of
November and December run as high
as that OF the months of September
anu 1CiOUcIy Viz lOlul VI
mineral oil for the year would reach
so million dollars. against 70 millions
in the fiscal year 1904, and will ex-
coed by million dollars the record Of
any earlier year.
The total quantity of mineral Oil ex-
ported in the ten months ending with
October 1904 is S23 million gallons,
against S72 millions in the correspond
ing months of 1902 and STA millions in
the corresponding months of 1901; but
the value exported is 10 million dollars
In excess of that for the ten months of
1902 and 6 millions I'm excess of that
for the corresponding period of 1901.
Should the present rate of exporta-
ton continue during the remainder OF
the calendar year the total quantity
exported during the calendar year
would exceed one billion gallons and
the value exceed so millions Of dollars,
or an average of about s cents per
gallon for the total expectation. or
the S23 million gallons exported in the
ten months ending with October, 629
millions was Illuminating oil, 81 mil
lions crude oil, 50 millions lubrtcatinS
and paraffin, IT millions naphthas. and
20 millions residum. OF the 629 million
gallons OF illuminating oil exported
during the ten months, 1861 mllllons, or
more than one-half was shipped from
the port of New York, 213 millions
from Philadelphia. 30 millions from
Baltimore, and IS millions from Gall
weston. The expectation of mineral OH
from Galveston is of recent develop
ment. the total number of gallons eX-
ported In the ten months of 1903 hav-
ing been less than million gallons
and over Is millions in the correspond
ing ten months of the present year.
In distribution, q much larger snare
Of the mineral oils exported goes TO
Eurone than Is generally recognized
IN view OF the frequent statement that
mineral oils form 50 large a share IN
exports from the United States to the
orient, OF the 700 million gallons OF
refined mineral oil exported IN l9oo'
$50 millions, speaking In round terms,
went to the United Kingdom alone, Ito
millions to Netherlands, and III mill
ions to Germany, while the total TO an
Europe amounted to 500 million gallons,
leaving but 200 millions for distribution
to all other parts of the world. or this
total less than 100 millions went to
Asia, 40 millions to South America, 70
millions to North America, % millions
to oceania, and about IA millions to
Africa.
Comparing exports with production
it may be added that the remarkable
growth in expectation has been fully
justified by production in the United
States, which has grown from q mill
ion gallons in 1860 to 22o millions in
1870. 1.1O4 millions in 1880, 1924 mill
ions in 1890 1861 millions in 1900, and
4.219 millions in 1908, according to the
preliminary figures Of the geological
survey.