Word: mobiles
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...discuss and agree on prices. A decision that this was in violation of the law would affect hundreds and perhaps thousands of firms. A drastic reorganization of the structure of business would result." The lawyers for the 29 oil companies moved for acquittal. Judge Savage upheld them. Said Socony Mobil Chairman Fred W. Bartlett: "The acquittal's coming without necessity of presenting our defense simply proves what we have said all along-that the case against us proved to be no case...
...union-shop employees of Socony Mobil Oil of Lebanon work in a flossy new air-conditioned building in Beirut, and their pay scale ranks among the best in Lebanon, but last week they went out on strike. Reason: management's offer of a cost-of-living pay increase failed to include the soaring costs of entertainment "necessary to break the monotony of employment...
...probably caused Israel more injury than Arab armies did in two wars. It has effectively deterred Israel's plans to set itself up as an industrial nucleus to serve Middle East markets. Such well-known U.S. firms as Philco Corp., Standard Oil (New Jersey), British-Shell and Socony Mobil Oil Co., Inc. have removed themselves from the Arab League blacklist by deciding that doing business in Israel is uneconomic...
...prices as low as $15 per ton, tripled their market share to 25%. Last week giant Esso A.G., a subsidiary of Standard Oil Co. (New Jersey), alarmed because its share of the market had dropped from 35% to 25%, stomped out of the cartel rig; out followed Shell, Mobil Oil, British Petroleum...
OILS 1958 1959 Socony Mobil Oil $1.30 $1.59 Sun Oil 1.01 1.87 Cities Service 1.68 1.76 Ohio Oil 1.15 1.41 Standard Oil of Calif...