Titusville Herald (Newspaper) - January 18, 1877, Titusville, Pennsylvania Ht ATO ANNUAL business compiled from tlie reliable a A iUi n i hi from Kll points of the Oil used will bo liberally paid for rite on only mis title nr d J i f J i H C 1110SS j H COGSWELL i1 Why tk KISK wwi ia br A lli Kirut thai 1rucliriillT L i I from iho Now Fork Jail ISIli The sudden rise iu tho price of coal oil made and theories concerning the business of producing the fluid in its various forms of interest to the vast mul who depend upon artificial light for lubrication and other The following statements show how the venders of that article look upon tho condition and Mr Charles Pratt founder of the im works that name fear that the supply ef oil will seriously diminish America has enough the world Tlie supply is now about equal to the demand Prices were an August and September they rose to 25 to 20 cents per gallon wholesale The foreign buyers hold off they could as their own twins but finding that they could uot do this they rushed in their in the midst of tho local business The ex tra demand for export added to the do trade completely filled up the manufacturing and the transportation capacities of the companies This left buyers at Then he who could quickest got the been no business People have been talk ing for years of the likelihood the wells but there dan ger of this yield of petroleum suit ii itori f J ike Dai IT Soi It is questionable Was a H there Professor Seder MOUNTAIN LOSEE LEHIGH legal create a hurtful and the other dealers There is room enough some ot Sir John was the originator affirm that practiced in not in strict accordance requirement me originator can be done bnt to now carried and the votes as in Cleveland by the Company returned that votes can be ihe concern was first conducted under tlie counted come legally certified bv tho turn Andrews hud State the then as Andrews against fraud resides in the State and They wore very successful though Avoid all defects must bv the speculation and confining themselves State officers who have the to can to Crude oil and selling the Re vaM returns hued as fastas made About The Presidential question is not more Oil Company of this coin some and one be as easily de as interesting m it men in Cleveland Ou uu petroleum sail men in This able for ranking illuminating oil is about concern was believed to be equally as 27000 trt a J y yield of two yearn ago and producers ex removed liom to NO v lass and iSJ J loch our A PATENT COUPLINGS Grate aud Chestnut and No 4 2 Chestnut BALTIMORE VEIN li Of blH petit a further decline during the winter of from 22000 to 23 barrels per diem Mr Pratt the present price will so stimulate discovery of new wells and the rise of old ones that tho supply will not greatly diminish Thero was a out nearly all other adelphia and One or two started the South TmJ provement Company This was a scheme Puny r 1 r as he talk of scarcity or five years ago arid getting control all the refineries then the county in but on The i all the of Starch possible up to the then if was AND CITY PA ANO Al Uo i 1lpasiiilvi Stove V t j s lew than list most productive were discovered The position frem product of three years j of Crude up P was about 20000 to 80000 barrels day now it is from 15000 to 18000 bar rels But as the price appreciates the development rapidly and tlie small wells can be worked at a profit The three ago 50 cents a The small wells and the trade was Now of weli pays something OIL the Standard Oil Company in connection with about 80 per cent of the other refiners formed what Refiners Association 4thof March and vaa really to submit as all citizens will in this connection it is areop to the policy of the Ohio 8th of January resolutions proposing the calling of the National Democratic Committee to at the time of the STATIONARY Mr Coleman of the Eclipse Lubrica ting Oil Company said that his branch of the business was rapidly increasing works of his company are in Franklin Venango county Pa Lubricating oil was found in that county about the same time that burning oil found there butit was in small quantities it barrel Itin now The of Lubrica ting oil in all the Pennsylvania district is about per There are ing of Franklin county i A small amount of this oil goes abroad is t aki ng tlie t ion ii used for spenn lard residue is called oil which is sold in that State for lubricating purposes and thought as good as many animal oils Samples of all these arenow in the hands of the Stevens Institute at Ho boken yj J to be tested scientifically and The de mand product is now greater than the supply There is an accumulation 50000 barrels in the hands of in Venango county and the that this surplus is a proof that the consumption is exceeding the production Lubricating oil is now made of such fine quality that it is used for sewing ma chines and But this coats n gallon Of the kind made by the railroad ailes md are most made The last two nre neutral and used to mix with animal oils Tho export all forms now exceeds the production by 3000 barrels a day As to whether the present high will bo maintained Mr Coleman all depends upon the efforts now making tpr strike rievy sources The high rates Lave stimulated the efforts in this direction New wells are being bored in all promising places If these efforts generally fail prices will be maintained It thought when Oil City well began to slack that the busi ness waa at an end but presently those in Bradford county were developed OIL ASD CANDLES tion was quite successful fora few months ana Ju SJ bers aS r and strengthen the since they believe that if he takes his seat next and give the party a longer and life The fact has also come out who and still support him have fate expressed grave doubts to their whether he could the for four he were came extensive territory aud in pipe gradui purchased several other refineries either directly or in connection with a few o her deu firms already inter ested in the business About fiw f ALL ORDERS WIL CHANGES m THE CASH AC THE line of Hi AND ENGINEER illr of 011 TUBULAR BOILERS A interest of the country and knowing the condition of the foreign and home markets as to supply and demand i and also the stock rof j Crude they the price of Refined oil The buyers then becoming anx ious about the supply tor their fall and winter trade by very large purchases ad thb price from 18 A I of Fashion Pleasure and 1 gallon within ten days to 26 cents per wyo It is believed that advance was not anticipated at by the Standard Oil Company but having sold dared up the price The consequence was that the exporters arid all enabled to make very handsome profits on purchases as of Refilled wasi maintained dur ingia period of about sixty there was scarcely any foreign The this action on the part of the Standard those con with them have been that millions I ef dollars been brought this country during the lasb sir months which Harpers Bazar NOTICES nuit liar ia altogether lust d i takelt la a matter of ludy ban to m it fur the will her much more tbe thu an Journal llazar ia aud con stona am of u Iu literary mid Ilia ia itin liesi 1 of kinil in tlie POSTAGE TO ALL IN G t Greatly Pries h t P and sold at the LoV R Hi 16 18 Beech Wood and Choice Pine Kindling Wowt sTi l D ly VS earo in n to execute lor all Before to ua for uur They will be found low tf EMPIRE LINE Empire to the ity a RELIABLE FAST FREIGHT LINE GIBBS Co to Co A A BROS AND PA J W AA THK THE As the value of tho higher priced paraffine oil and candles come more into use and the trade in them increases Mr Bartlett Kim ball said that in consequence of the high price of burning oil tar or residuum is scarci as thu product is being cracked up it that whereas tar has has generally been sold below the price of Crude oil its lighter in are now too valuable to be sold afc old rates and the manufacturers prefer to turn them into oil Paraffine is made from the n obtained in the distillation of burning oils of the lighter kinds It goes through a new distillation to produce the line Crude wax of a yellow color mixed with naphtha and pressed several times produces fit for candles of a high melting point There is about 5 per cent of fine wax in the paraffine oil The high price of kero sene has to new activity the candle factories in England Scotland and Germany many of which have been closed during the past fire years This activity has had the effect of placing much scale wax on the English market and has demoralized the price of war Lower prices may be for higher for Many factories have been mined because have to pay 75 per cent more for their distillates than they did last spring and the demand of the trade is for such a high quality that the cost of manufacturing has been much enhanced The quality of paraffine has been much improved within two years Tho wai is used for many matches flowers candles the of cheap cotton umbrellas and by telegraph ers as a It is also used for preserving fruit Any article of fruit can be permanently preserved by liquid MrR W Burke thinks that tho pres ent prices of refined and not too high that could herein any other way Tho producers of Crude oil arid all branches of industry in tion of Pennsylvania have prospered greatly during the last sis months The enhancement in the price for Crude oil has producers in that and and the l or U S relining interest all over the country have been very much benefited The prospect now to be that the foreign as well as will he good for the next the i profits of ro continue tie art not to copy Mit order i Now York OF to WR and year tlO ur two of Periodicals to one far one year pontage free An extra copy of or U ZAK unit be with etery club of usol tl each in one remittance or six copy CIB at any time tho cunin with tlie year lime is It will lie nn the to with the number mxt receipt of order 1 of in neat cloth binding will be sent bv free of for A complete net nine aent 011 uf at thu rale oi i r vol freight at of purchaser far cacti upon the production oil If bo y or that becomes smaller the price will adi 1 win lui nn nr Vance moiti m proportion than that of Be c ec lpl lined r The tt Oil Com pany about five acres giving employment to nearly 5000 men They have also a large refin ery at Hunters Point L I and another at OilCity In the aggregate they em ploy 10000 men But their chief impor tance lies in of their control of the whole business With regard to the nature of their combination with other companies and Hrms it is impossible to give any details while there seems to be no direct connection there is apparent uniformity of action in the way of prices and sales the cue for which comes from them and the refiners who are known to be outsiders seem to be as anxious not to reduce prices as those working inside There has been some talk of a vigorous opposition to be started to the Standard Company at Bergen Point with the aid of English capital This rumor apparently points to the works of Mr Prentice a wealthy and refiner opposite Now Brighton where he will erect twelve 600 barrel stills and is intending lo do the best he can with his ample capital outside of the combination with no Aa the completing the work In ready and now delivered we to wurn through K hum alone any copter can fi 2 f to lew the lull price we at on e We wish n to ai for departure uy It Se anil who hiiva and ns In th v for the to t cin ta it been ait in able to ethe work at a when tion of selling ont iKT 12 Upon we to tha pub ic this work is In a lib ot aud on very tof interest loth people of B ot Professor of Literature The Committee the A Washington dispatch to the Pitts says The of this committee are under the strictest ob ligations of and therefore all thu reported little than conjecture i Any ofthe propositions which include Justices of the joint a committee members of both honses may be regarded as impracticable Fidelity to woold prohibit partici pation in the electoral count by any parties C L FOkD of and Physiology General Ajent for Mer anil and Portable Engines FOR orr oii A Itro 1 A c OF A ir KINDS i N Philadelphia Erie AND ITS CONNECTIONS It orni aud contrail all tho ora ol which w by men of iu the nnd no win be on their part o render tn its ordering from tho wll please to roaik LINK refer them to of the or shipping otn etc ThM Ia KISTINE mil Ohio ij Highest Honors r rod at Centennial WILLCOX k GIBBS of the Patent Valve Scow and Rope PATENT ADJUSTER i the Climax Mower and Reaper and fertile celebrated KNOWLES STEAM PUMP for Oil GM Keara etc Iron notice of a GrEO W TIFFT SONS CO Tor Ilic Celebrated in during this at Lower Prices limn have been offered FIVE HUNDRED AND ORGANS US FOR OUR HEX if I T HA OH FO It 1S In tho only In the worM with Automatic Tension Automatic Stitch Indicator i Always Ready for Work anJ i Altogether Unparalleled Send for Price List of Ac Willcox S M Co Cm Bond St York for in In city RESTORED I ot I In VAln who of Wells it of ivf lately for an ID economical ot i by of one ifr U by pUa itome of which are 1100 075 00 feet Jls Uut respectively Trora well the and 3 saving of fully per wot In two power bollert ami They In to of the Claris Farm near will who ar IT be of are thoy delay from ltd a Irgal to tbe A I C Every to a Piano or Org ui two years and will send us their address and what particulars together with one copy of this adver will be registered and a receipt of 00 to apply on the purchase of the same sent them Ao ents Wanted Send for R H Jr General Agent lo C A A 15UO i Opera House PAft KEItS PA5 i will I THE R PA Will Be Dioi of wll bo in A George J Henkels I 21S 216 oo 11 tUw HA
