New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-09-25

is composed Of the following: Chairman of the
board. Samuel Q. Brown; president r. u. Ben
son; Nce-president and treasurer. W. s Ben
son; secretary. George L. webb: directors Sam
uel @ Brown. A. a. Sumner. II. d. Benson. w.
S. Benson. George T. Baker. jr.. II. c. Folger.
tr.. and Dickson O. Brown
The Tide Water Oil Company. which was or
ganzed in May. 1879. with its first rchneries
located at Chester. Penn. and Bayonne. n. J..
holds an historic position in the history Of tie
oil industry for many reasons chief among
which. perhaps. is the fact that It's pipe line
was the first ever projected toward the sea
board. this being Of note because the leading
American producers have a greater foreign trade
than they have domestic. The Tide Waters
pipe line was originally built from Kixford
Penn. to Williamsport. In the same state. Later
II was extended 10 Tamanend and ultimately 20
Bayonne During the present year the com
pany has reached out toward the west AZ Ear
as the productive fields OF Illinois thus achicv-
ing total OF something like nine hundred miles
Of most notable and inestmably valuable pipe
line II has authorized capital OF ST.. 600 :
900. OF which stock has been issued to the
amount OF S24OOOOOO It's chief Offices and re-
inery are at Bayonne n J.: its New York
has on its p0yrolls employees 10 the number Of
about two thousand.
The company formed for the purpose Of
producing refining and transporting crude pc
troeum and OF manufacturing gasoIene. naph-
tina. kerosene. all kinds Of paraffine and IuLri-
eating oils. refined parafiine wax and the
by-products Of crude petroleum. The original
aim Of the early reGners was. OF course. tho
production OF kerosene or refined oil To-day
Is or,fKs OF
products even exclusive OF the by-products.
GasoIene AT one time universally regarded
as practically a waste product and originally
there was little esteem Tor the lubricants now
in general and highly valued use BY careful
study and incesaant laboratory experiments the
refners have teen able Go transform into some
thing OF everyday value all the myriad OF ele-
ments entering into the substance known as
crude oil.
The commercial power possessed by the Tide
Water Oil Company Is shown 10y certain inter
esting and hitherto unpublished figures figures
anywhere comparing with which are true OF
few business organizations.
-Four million cases and eight thousand barrels
represent something less than the cOmpanys
annual production OF refined oil. It also turns
out more than 100000 barrels Of naphtha and
over $4,000 barrels Of paraffine. in addition 20
large amount OF II maintains. well.
a cOOpcraBe department Tor the manufacture
on an extensive scale of tight barrels used for
its own purposes and by the trade in general
This department has annual capacity Of more
than 100000 barrels. an output the magnitude Of
which may be appreciated TO some degree when
II is realized that It requires approximately
1900 600 feet OF white oak timber In the shape
Of slaves and heading. well $3.50 tons OF
steel hoops. Such figures. given a moments
thought staggering
The cooperage department. despite It's i'm
portance and immensely is comparatively OF
recent birth. This particular part OF the COM
pany's business was inaugurated something like
seven years ago. and Its scope and volume have
since had q steady annual growth. Among Its
many achievements has been a vital innovation
IN the method OF shipping oil from the interior
sections OF the United States 20 exporting points
The new method has practically eliminated loss
from leakage In transport TO the seabOard, and
as a result, foreign deliveries are made In such
perfect condition that claims for leakage are
now all but unknown.
Continuing 20 quote figures that more ade-
quately than anything else. tell the marvellous
story Of oil. IL may be noted that the company's
annual consumption OF coal amounts 60 10000
tons 1t manufactures annually 100000 cans
for its own use while In the making OF cases &c
uses every year 25.OOOO0O feet OF lumber. Its
total yearly sales amount to more than sI0.-
OOO. 00O the great bulk cf which vast business
is that Of export
It's chief aid is the Associated Producers Com
pany whose largest present activities are in
CLARK. Crawford and Lawrence counties. Penn.
The daily production OF the company in that
region is about five thousand barrels. The Oil
Is transported 10y means OF pump stations. stu
ated on an average seventy miles apart In the
Xvesterb country and about thirty miles apart