Word: petroleum
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Dates: during 1930-1939
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Died. John Henry Markham Jr., 52, president of Petroleum Corporation of America ($100.000,000 investment trust), board chairman of Tulsa's Exchange National Bank, papal knight; of pneumonia; in Chicago...
...More frivolous, the Independent Socialists staged an aquatic pageant of ridicule, sent through Amsterdam's canals a small boat placarded DE ZEVEN PROVINCIEN on which stood a wag disguised as the Premier, another holding a Bible & oil can and a third tricked out as a Royal Dutch Co. (petroleum) official. Shocked by such sights, dignified Dutch policemen promptly arrested the fun-making crew as soon as they could persuade them to come ashore. Firmly at Helder, Dutch Naval Base in Northern Holland, officers mounted guard with drawn revolvers, ready to shoot at the first sign of mutiny...
...criticism he expects will parallel the criticism he aroused when he reported finding germs in archaic sedimentary rocks, ancient coal, deepwell petroleum: that bugs got into his specimens despite all his germicidal precautions...
...piling up and gasoline stocks had become unwieldy. An abortive effort was made last October to boost the price of crude, but two Standard units refused to follow suit. Now the price is well under October levels. Though such stout proration-ists as President Charles Bismark Ames of American Petroleum Institute insisted that the Supreme Court decision does not impair the power of states to regulate production, most of the industry saw evil days ahead. Governor Sterling reluctantly demobilized his little army, declaring: "Serious trouble is threatened in many quarters. . . . Prospects are that if disorderly production increases at its present...
...chips to back his express ace. They have been supplied by "strong financial interests." Three of the backers were learned last week: Chandler Hovey, socialite, yachtsman, senior partner in Kidder, Peabody & Co. (Wall Street investment house); Arthur S. Jackson, of Jackson Bros., Boesel & Co. (Chicago brokers) ; and Frank Phillips, petroleum tycoon whose gas & oil will fill the tanks of Air Express Corp.'s ships. First aide to President Philbin is his vice president in charge of traffic. James G. Woolley, a plump, profane hurricane of energy who was a Western Air vice president until both he and Philbin withdrew...