Sistersville daily oil review. [volume] (Sistersville, W. Va.) 1902-1905, 1904-09-17
AUGUST PETRO-
LEUM EXPORTS

. S<>poi 20 VI PSti
cum and it's products, while much
greater than those of August,
1903, were behind July in both
amount and value. The decrease
in amount was over l., 100000
gallons and in value about $780,
; coo. The exports for July were
, the largest of any month since
April. but in valuation they eX-
ceeded June by only small mar
! gin, and were behind the April
| valuation by over $35O,OOO. May
revealed a heavy decline IN the
amount of her petroleum exports,
and there was considerable re-
duction in the valuation. While
! in excess of those Of March. they
were below those of any month
since March, 1903. April showed
! the heaviest exports of petroleum
and it's products of any month
since October, 1902, and the value
was greater than for any month
since last November. Exports of
petroleum and it's products dur
| ing March were behind both IN
amount and value of the Febru-
airy record, but made decided
gain over the corresponding
month Of last year.
The refined market, which
reached the $50 cent point for "A
degree Abel test in November,
! 1903, has shown a declining ten
dency since the first Of the year.
Opening at $40 cents per gellon
in January, there was cut OF
| u points on February II, follow
ed by another Of 10 points, and
the month closed $50 for barrel
ed and 5.95 for bulk oil. Prices
were again reduced in March and
cut of 35 points followed in
April. A drop Of 20 points in
June. followed by cut OF 20
points in July, made the quota
ton at the close Of the month
10 cents per gallon for OIL IN
barrels and 40 cents for OIL IN
bulk. These continued the rul-
inc figures for August until the
very last day Ct a. month. when
the price was advertised to LS'
cents Dcr gallon. For August a
wear ago the average price was
$50 cents per gallon.
Exports Of Texas oil from Gal
weston appeared for the first time
as conspicuous feature in the
monthly statement Of the Bureau
of Statistics early in 1902, and
the foreign shipments for the
year amounted to 26,6G6,Slo gal
Ions, and were valued at $2+l .649.
The exports of Galveston for the
year 1903 were composed OF T.
29S,357 gallons Of crude oil, T.
711.964 gallons of Illuminating.
80, 563 gallons Of lilbricating and
5.4S9. 425 gallons of residium. the
value of which amounted to
$52O,626. Exports from Calves
ton for August were composed or
,3126123 gallons for crude oil, |
valued at %156,30S. For the eight
months ending with August, 1904,
the exports from Galveston were
81. 1871. $50 gallons and were val
ued at 1868, 766.
According to the report OF the
Bureau of Statistics at Washing
ton. the total exports OF mineral
oils from Eastern Atlantic ports
for August amounted to S4,ol9,-
152 gallons, and were valued at
So. 5S0.S92. Compared with July
this shows decrease Of 1862
100 gallons in amount and S493,-
BOP in value. In comparison with
the exports for August, 1903,
these figures show gain OF o.
S31.117 gallons i'll amount and
$S36.611 in value. The exports
for August last year amounted
TO T.6SS.O35 gallons and were
valued at $5.747,2S1.
! The total exports of mineral
oils from the United States III
July amounted to 96,SSS,272 gal
Ions. and were valued at &l.OS4,-
O94. This was Il gain over June
of 9.941.7 34 gallons III amount
and only 5000 in value. Com
pared with July. 1903. there was
,u ;p.ro.Sn If II $50 80 gallons