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Dates: during 1920-1929
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Paper. Kimberly-Clark Co. manufactures rotogravure paper for 80% of the newspapers and magazines in North and South America, also controls the Spruce Falls Power & Paper Co., Ltd. (50% of its production is for the N. Y. Times). Last week, the two companies were reorganized under the name of the Kimberly-Clark Corp...

Author: /time Magazine | Title: Business & Finance: Mergers: Jul. 16, 1928 | 7/16/1928 | See Source »

Warring companies, like warring nations, proclaim slogans, announce positions from which they will never, never recede. Last winter, when the Royal Dutch Shell Oil Co. (60% Dutch, 40% British) declared war on the Standard Oil Co. of N. Y., both contestants stated their cases promptly and publicly. For Dutch Shell, Sir Henri Wilhelm August Deterding shouted "stolen oil" across the ocean to N. Y. The retort was immediate: "The Standard Oil Co. of N. Y. . . . will carry out all contracts into which it has entered, and will not be swerved ... by desperate and destructive measures...

Author: /time Magazine | Title: Business & Finance: Meyer & Deterding | 7/16/1928 | See Source »

Last week, the Indian market was reported "stabilized." The war was declared at an end. Observers recalled that Chairman Herbert L. Pratt of the Standard Oil of N. Y. had been a recent European tourist, had probably met Sir Henri and patched a peace. Also, the peace follows quickly on the election of Charles F. Meyer to the presidency of Standard of N. Y. Meyer and Deterding had strangely parallel careers, East & West (TIME, April...

Author: /time Magazine | Title: Business & Finance: Meyer & Deterding | 7/16/1928 | See Source »

...recent contract signed by Dutch Shell and the New England Oil Co. presages a Dutch Shell invasion of New England, highly competitive territory of Standard Oil of N. Y...

Author: /time Magazine | Title: Business & Finance: Meyer & Deterding | 7/16/1928 | See Source »

Died. John M. ("Gentleman Jack") Phillips, 54, alleged sewer pipe monopolist of Queens Co., N. Y., indicted for conspiracy to defraud New York City of some $8,000,000, and the U. S. of $1,376,134 in back taxes & penalties (TIME, Jan. 2, et seq.); of kidney trouble; at Atlantic City...

Author: /time Magazine | Title: Milestones: Jul. 16, 1928 | 7/16/1928 | See Source »

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