Word: richfield
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Dates: during 1930-1939
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...basis. The small man said unit operation would give Standard Oil of California a monopoly. Phrase. To scraggle-whiskered Governor William Henry ("Alfalfa Bill") Murray of Oklahoma the oil industry was indebted last week for a new name, editorial writers for a new phrase-"an example of occupational selfishness." Richfield Receivership. Concrete evidence of the industry's troubles was the passing of Richfield Oil Co. of California into receivership last week. The action came as no great surprise, since for many a month Richfield has frantically fought. to avert the inevitable result of big debts, no cash. Oilmen knew...
...Oilman McDuffie left Royal Dutch-Shell. He and Jacques Vinmont (onetime Jacques Weinberger) of Blair & Co. formed Pacific Western Oil. Mr. McDuffie has a new home in San Marino (Pasadena suburb), plays strenuous tennis on his own court, uses no tobacco. His office is in the new black-&-gold Richfield Building which is crowned by a mighty air beacon. This building was erected by Clarence M. Fuller, spectacular marketer and advertiser whom Mr. McDuffie succeeded as Richfield president...
Sharp selling brought Richfield Oil common stock to a new low of $2¼ last week. Brokers recalled its happier days when a pool, said to have been the first operated by William Crapo Durant's son R. ("Cliff"), sent it up to 54⅛ in 1928. Receiver McDuffie stopped reports that he would resign from Pacific Western, said eventually Richfield's creditors will be paid in full...
...completing arrangements with Shell Eastern to install slot telephones in Shell's stations, enable customers to deal directly with the telegraph company. This contract involves 320 filling stations. Other Shell subsidiaries may soon raise the total to around 1,300. Negotiations are also reported between Western Union and Richfield, Sinclair, Cities Service. New England filling stations, not the telegraph companies, are supposed to have originated the telegram service idea, which follows closely on the now widespread policy of selling tires in gas stations...
Airways along the Pacific Coast are dotted with "service stations" marked by neon-lighted towers-aircraft fueling points erected by Richfield Oil Co. of California. With similar foresight, Richfield Oil Corp. of New York last week announced its first floating service station, specially built to supply seaplanes and watercraft. All tanks are below deck, with no projection above except an office at the stern. The fuelling pumps are sunk in pits to safeguard the wings of aircraft drawn alongside. Richfield plans 99 similar units, painted with blue & buff checks for easy recognition from...