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...simultaneously a ward of the Federal courts, a debtor of the U. S. Treasury (for at least $5,000,000 of unpaid taxes), and a regulatee of SEC, which Hopson's 1935 utility lobby tried to keep out of the utility business by methods so crude that the rest of the industry disowned...

Author: /time Magazine | Title: UTILITIES: A. G. & E.-- Round III | 9/16/1940 | See Source »

...those two movements is set the heart and brain of the work, an 80-page interior monologue by Goethe himself, which must stand next to Death in Venice among Mann's more paralyzing tours de force, the more astonishing in that it is, in certain important respects, so crude...

Author: /time Magazine | Title: Books: Icy Lights | 8/26/1940 | See Source »

...Worst inventory sufferer remained the oil industry, which was also suffering from export trouble. In the first five months of this year crude oil and gasoline exports were 29,204,000 barrels, 34% less than in the same months of 1939. Gasoline tank car prices had reached a new seven-year low. Gasoline inventories were just under 100,000,000 barrels, about 20,000,000 more than the trade thinks they ought to be. Consequence: No. 1 U. S. oil producer, Texas, last week ordered crude-oil production prorated down 219,000 barrels a day. To complicate the readjustment...

Author: /time Magazine | Title: STATE OF BUSINESS: Wait Awhile | 7/15/1940 | See Source »

...From British Malaya and The Netherlands East Indies the U. S. gets 85.9% of its crude rubber (plus 4.5% from French Indo-China...

Author: /time Magazine | Title: National Affairs: Advance to the Atlantic? | 7/1/1940 | See Source »

...began to feel the squeeze. First its domestic crude supplies and pipe lines were sold to a Standard of Indiana subsidiary. Next, in 1932, all Pan Am's foreign holdings were sold. The purchaser: Standard of New Jersey, which got the famed Lago properties and the Aruba refinery (now the heart of Standard of New Jersey's foreign production), a fleet of 29 tankers, plus refineries in Mexico, Germany. Amoco became dependent once more on Standard of New Jersey for its oil and gas, was right back where it had started...

Author: /time Magazine | Title: OIL: Blaustein v. Standard Oil | 6/17/1940 | See Source »

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