Word: oils
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Dates: during 1930-1939
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...zone of roil and foam called "rip tide." Last week just such a countercurrent of public opinion was beginning to run stronger & stronger against the surging Sit-Down. Governors White of Mississippi, worried about a pajama factory sitdown, and Allred of Texas, worried about the C. I. O. oil drive starting this week, announced that they would oppose Sit-Downs with all the force at their command. With many a State legislature discussing the subject, Vermont's became the first to pass a law specifically outlawing the Sit-Down-which it defined as occupation of property by three...
Texas Corp., biggest independent U. S. oil company: the biggest net profits in seven years, $38,260,000, an increase of 124% over...
...London School Board a natural gas mixed with a tell-tale odorant that might have prevented the blast. But the most ironic product of the tragedy was right on top of the wreckage. Blown out of the ruined building was a section of blackboard on which someone had scrawled: "Oil and natural gas are East Texas' greatest mineral blessings. Without them this school would not be here, and none of us would be here learning our lessons...
...with $20,000 worth of genuine Currier & Ives prints. Attractive though these small hotels were, they turned out to be a great financial flop, and in 1930 along with the rest of Pierce Petroleum's assets, were sold to what is now Harry Ford Sinclair's Consolidated Oil Corp. For its hotels, refineries, pipelines, filling stations, Pierce Petroleum received among other things 645,000 shares of Consolidated Oil Stock, which has long been its principal source of income. The company has been trying to wind up its affairs, distributing 500,000 shares of the Consolidated stock...
Consulting some Pierce Petroleum officials, it learned that the liquidating value of PPX "based on the present price of Consolidated Oil Corp. stock ($17) in all probability could not exceed $1 per share . . . and might be materially less." Forthwith the Governors ordered PPX suspended from trading. In subsequent over-the-country trading PPX promptly plummeted to 37? per share. It was one of the few times in the history of the Exchange that the Governors on their own initiative had stricken a stock from trading to save suckers from their own folly...