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Word: petroleum (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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...total assets, which does almost 9% of the total gasoline and over 12% of the total lubricants business, in the U. S. market. As approved, the merger differs in two important respects from the original proposal: 1) the new company is known as Socony-Vacuum Corp. instead of General Petroleum Corp. (Reason: to avoid confusion with Socony's subsidiary, General Petroleum Corp. of California.); 2) the original ratio of share exchange (three Socony shares to one Vacuum) was changed to two and a half Socony shares for one,Vacuum (Reason: protests of a lusty group of Socony...

Author: /time Magazine | Title: Business & Finance: Socony-Vacuum Corp. | 8/10/1931 | See Source »

Died. E. W. Clark, 73, board chairman of Union Oil Co. of California, oldtime railroad executive, president of Union Oil Associates, an organizer and onetime (1927-28) president of the American Petroleum Institute; of heart disease; in Los Angeles, Calif. Died. Bernard Albert Eckhart. 79, president of B. A. Eckhart Milling Co.. director of many a big corporation (Armour, Dodge Bros., Montgomery Ward, Erie Railroad), onetime (1924) assistant treasurer of the Republican National Committee; of heart disease; in Chicago. Onetime State Senator (1887-89), he was active in civic and State affairs, donor of Eckhart Science Hall...

Author: /time Magazine | Title: Milestones, May 25, 1931 | 5/25/1931 | See Source »

...Gillette management has long been seeking him, admiring his huge success in the merchandising of Listerine. To him is credited the famed Halitosis campaign which was carried on largely under his direction. He formed Lambert & Feasley, an advertising agency owned by Lambert Co. Its present accounts include Phillips Petroleum, Prophylactic Brush, McKesson & Robbins, Inc. and, of course, the $5,000,000-a-year Lambert Pharmacal account. An accomplishment of which Mr. Lambert is specially proud was some advertising copy used in American Mercury, bearing the caption: "In Defense of Babbitts." When he left Lambert Co.'s presidency...

Author: /time Magazine | Title: Business & Finance: Sporting Proposition | 5/25/1931 | See Source »

...Corp. (motor bodies) 295 204 D National Candy 313 112 Newport Co. (chemicals) 426 240 Patino Mines (tin) 150 D 163 D Pittsburgh Screw & Bolt 778 3 Philadelphia & Reading Coal & Iron 630 656 Poor & Co. (railroad equipment) 629 211 Shell Union Oil 3,155 D 9,903 D Simms Petroleum 37 D 396 D Standard Oil of Calif. 9,430 4,368 Timken Roller Bearing 3,106 1,314 United Aircraft & Transport 900 806 White Rock...

Author: /time Magazine | Title: Business & Finance: Earnings | 5/18/1931 | See Source »

...there were any over-the-counter sales of devices, they escaped attention. Nonetheless hope persisted of another Jonathan Ogden Armour passing by. The late Mr. Armour, as every inventor knows, liked to take fliers. One such was a process for "cracking" oil, worked out by Jesse and Carbon Petroleum Dubbs. When the Armour fortune faded, profits from that old gamble on Mr. Armour's part re-enriched his widow, enabled her again to live beautifully (FORTUNE, April...

Author: /time Magazine | Title: Science: Inventors & Backers | 4/27/1931 | See Source »

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