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...giant Jersey Standard, and aided by increased sales and firmer gasoline prices, the oil industry did well. Jersey set a record with half-year profits of $563 million. So did Texaco, whose earnings went up an impressive 8%, to $359 million. Mobil Oil also reported a half-year record with $184 million in profits...

Author: /time Magazine | Title: Earnings: Down Near the Up Sign | 8/4/1967 | See Source »

...group of lecturers from business schools in the Boston area, and their stiletto-like fingernails will flick through books on such subjects as real estate management, production cost analysis and product marketing. Then they will visit major U.S. industrial firms, dropping in on General Mills or IBM or Mobil Oil to get a firsthand look at how their male counterparts in the U.S. turn a profit...

Author: /time Magazine | Title: South Viet Nam: Executive Sweets | 7/21/1967 | See Source »

...only 1,185 Ibs. The project, of course, was painfully expensive. In all, Gurney and Shelby built four Formula I American Eagles in Santa Ana, at an average cost of $50,000. To help cover the costs, they signed contracts with two commercial sponsors-Goodyear Tire & Rubber Co. and Mobil Oil Corp. This year Mobil pulled out, leaving A.A.R. short the $300,000 it needed to mount a full-scale effort on the Grand Prix circuit...

Author: /time Magazine | Title: Auto Racing: All-American Success | 6/30/1967 | See Source »

...Commerce Secretary John Connor, now president of Allied Chemical Corp., advised President Johnson to drop his proposal for a 6% income-tax surcharge later this year-a move strongly backed by many other businessmen, who argue that the increase would stifle business recovery. With or without higher taxes, Socony Mobil Oil Chairman Albert Nickerson predicts nothing more than "very moderate" economic gains this year, partly because "private industry is sluggish, but all levels of Government spending...

Author: /time Magazine | Title: The Economy: Picking Up Speed | 5/12/1967 | See Source »

...enterprises is the China Petroleum Co., which has petrochemical complexes at either end of the island and a natural-gas field at Miaoli in the north. China Petroleum last year earned $37 million on sales of $90 million, is now expanding with a joint venture in fertilizers with Mobil Oil and Allied Chemical Corp. The government-controlled Taiwan Power Co. has brought electricity to 96% of Taiwan's population and is fast outstripping its 1,500,000-kw. capacity; with 80% of its output earmarked for expanding industry, Taiwan Power is aiming toward a 4,000,000-kw. output...

Author: /time Magazine | Title: Taiwan: The Model | 5/12/1967 | See Source »

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