Word: oils
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Dates: during 1930-1939
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...talk, three Rightists divisions-the central one 100% Italian-were closing on Santander. This week with a backing of heavy artillery they swept through Reinosa 40 miles to the southwest-the Basques' prime arms manufacturing centre in Santander Province and a prize rich in zinc mines, lignite, lead, oil-sent packing the Leftists as they tried spunkily to stave off the tide with a house-to-house defense. Meantime in the Soncillo region due east of Reinosa thousands of tons of Rightist bombs lashed down from...
...John L. Lewis. Last week, 18,000 unionists, members of the Syndicate of Petroleum Workers, had good reason to cheer. A 3,250-page, nine-volume decision in their favor was handed down by a special commission named by the Board of Arbitration to investigate Mexico's oil industry. It aimed to settle the long-simmering dispute between the Sindicator de la Industria Petrolera, employers' syndicate, and the 18,000 oil workers...
...nation-wide strike, commissioned a group of experts to study the financial condition of the $500,000,000 foreign-controlled industry. Last week the commission ordered that the 17 companies, including the Royal Dutch-Shell affiliate, Aguila, controlling 50% of national production, and Standard Oil of New Jersey's Huasteca subsidiary, make wage increases and establish other workers' benefits aggregating $7,200,000 annually. The report called for establishment of the 40-hour week, increase of the minimum wage to 4.90 pesos ($1.38) a day, and setting up of a national mixed commission composed of company, labor...
...past months is rising, indicating that prospects for the industry are good for the coming years." 2) With one exception the percentage of profits in relation to capitalization of the Mexican companies was an average of 34.28% during the years 1934 to 1936, while the U. S. oil companies' percentage of profit was 6.13%. 3) The cost of producing a barrel of oil in Mexico during 1935 was 8.6 pesos, while in the U. S. the cost was 48.1 pesos and 4) on Jan. 1, 1937 the reserves and surpluses of the companies totaled more than...
Harris Hammond earns $20,000 per year, aside from the income from his inheritance. He is president of Dominguez Oil Fields Co. which earned $2,000,000 last year, and of Laughlin Filter Corp., a small New Jersey company which manufactures centrifuges. In 1928 Mr. Hammond and Philadelphia's Anthony Joseph Drexel ("Tony") Diddle Jr. were among the directors of Acoustic Products Co., which later became Sonora Products Corp. of America. When Sonora went bankrupt and Irving Trust Co. became its receiver, that Manhattan bank charged that Sonora's directors had personally used an option owned...