Word: texaco
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Dates: during 1950-1959
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...Texaco...
TRUSTBUSTERS' THREATS of court action forced Texaco and Superior Oil Co. (Calif.) to drop merger plans (TIME, June 29). Merger would have given Texaco, second largest integrated U.S. producer and refiner, the advantage of Superior's huge reserves in Venezuela and U.S. Victory was Justice Department's biggest since it halted Bethlehem Steel and Youngstown Sheet & Tube Co. merger last year...
...Chance No. 1 strike is no accident, but the almost inevitable climax to one of the greatest oil rushes in history. Besides Western Minerals, companies like California Standard, Amerada, Shell, Texaco and Midland have grabbed up 130 million acres in the area to stake millions on electronically corroborated hunches that underneath the permafrost lies one of the world's greatest oil pools. The rush has even pushed into the remote Arctic Archipelago, where at least ten companies have asked for exploration permits. Companies with household names such as Richfield are planning to explore places with exotic names such...
...Carbide 1.66 3.00 Olin Mathieson .74 1.32 Thiokol .22 .65 Rails 1958 1959 Pennsylvania Railroad loss $ .48 New York Central Railroad loss 1.56 Miscellaneous RCA $ .86 1.29 B.F. Goodrich 1.60 2.18 Kennecott Copper 2.07 4.32 Libbey-Owens-Ford .57 3.16 Pepsi-Cola .85 .97 American Machine & Foundry 1.38 2.27 Texaco 2.37 2.79 National Distillers .88 1.05 National Cash Register .96 1.07 Phillips Petroleum...
...FORTUNE'S" NEW LIST of the 500 biggest U.S. industrial corporations in 1958 showed some changes in the top ten. Chrysler, which was sixth in 1957, dropped to eleventh; Bethlehem Steel, which was ninth, dropped to twelfth. Newcomers: Texaco and Western Electric. The top ten: G.M. ($9.5 billion in sales), Jersey Standard ($7.5 billion), Ford ($4.1 billion), G.E. ($4.1 billion, and up a notch from '57), U.S. Steel ($3.5 billion, down a notch), Socony Mobil Oil ($2.9 billion), Gulf Oil ($2.8 billion), Swift ($2.6 billion), Texaco ($2.3 billion), Western Electric ($2.2 billion...