Word: trading
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Dates: during 1920-1929
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Standard Oil Co. of New Jersey, in the face of the present overproduction in the U. S., is buying Russian oil to displace products of American origin in the European markets supplied in part by its foreign subsidiaries. The impression that the Standard Co. of New Jersey has any trade relations with the Soviet government is incorrect. . . ." This said, President Teagle sailed on his 55th trip to Europe. Last week he was in Paris...
...Vacuum Oil Co. believes that trade contacts with Russia will make for wholesome reconstruction, and, further, that it is only common sense to recognize that Russia is the economic source of supply for certain markets. An opportunity given to Russia to dispose of some of its surplus in its natural markets will avoid such surplus being forced into competition with American products in markets where transportation costs are in favor of the United States...
Standard Oil of New York. President Herbert Lee Pratt of Standard of N. Y., as is his habit in controversy, said nothing. He was waiting, his office announced last week, for the return from Europe of Charles Evans Hughes who advises him on trade relations with the Russian Soviets. Despite this announcement, President Pratt sailed with his family on the Aquitania last week for a holiday on a grouse moor which he has rented in Scotland...
Royal Dutch-Shell. But President Whaley's statement was sufficient for Director-General Sir Henri Deterding of Royal Dutch-Shell. Since his companies could not monopolize Russian oil production, he has been disparaging Soviet oil. British retailers of such Russian oil have had to undergo price-cutting, trade repressions. The London Daily Mail, notably, has badgered them mercilessly...
...foreign trade for the month of June, as estimated by the Department of Commerce last week, showed an even balance between exports and imports. In both cases goods were worth $359,000,000. Trade values over longer periods were...