THE TECHNOLOGIST. 



[Nov. 1, 1864. 



168 



THE PETROLEUM TRADE OF PENNSYLVANIA. 



consumption may now be estimated at about 1,450 to 1,500 barrels of 

 refined per day throughout the year. 



Estimate op the European Consumption from October to 

 December, 1863. 

 Stock in Europe, refined and crude, Octo- Barrels, 

 ber 1, 1863, equal to about . . . 285,000 

 Ditto ditto January 1, 1864 . . 155,000 



Decrease about . . . 130,000 

 Of which may have been occasioned by leak- 

 age, &c, on average stock of 220,000 

 barrels, 3 per cent, a month, about . . 20,000 



Excess of consumption over receipts, about 110,000 

 Say equal to about, refined, 95,000 barrels. 



Shipped from the United States from middle 



of August to middle of November, about . 96,000 



Deduct average leakage and loss, 10 per cent., 



about 9,600 



Approximate receipts of crude and refined, 



about 86,400 



Say equal to, refined, about 79,000 barrels. 



European consumption for three winter 



months about, refined .... 174,000 



Per day, equal to about, refined . . . 1,933 



Eange of Prices for Refined and Crude Petroleum. 

 Refined. 





Price for Standard Quality. 





1863. 













Lowest. 



Highest. 



same. 





Cents. 



Cents. 



Cents. 



January . 



36 



45 



40 



February 







35 



40 



38£ 



March . 







30 



40 



34| 



April 







29 



37* 



33£ 



May 







35 



45 



39* 



June 







39 



50 



44| 



July 







46 



55 



49 



August . 







49 



61 



53£ 



September 







56 



61 



58 



October . 







46 



56 



52£ 



November 







40 



45 



4lf 



December 







42 



52£ 



46£ 



