Word: shipments
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Dates: during 1950-1959
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...controls 45% of all U.S. production and grimly guards the interests of small independent producers, blamed the major companies for the industry's troubles. Texas independents called angrily for major refiners to 1) cut back their imports of Venezuelan crude oil, thus making that oil available for direct shipment abroad, and 2) reduce refinery runs, to make even more crude available for shipment abroad. Furthermore, said the independents, refiners should change their entire historic pattern of refining oil: they should crack less gasoline, which Europe does not need, instead produce more relatively low-grade fuel and heating oil, which...
TRAILER FERRY service to Europe is starting with shipment of 97 loaded truck-trailers from Brooklyn to France. TMT Trailer Ferry, Inc. is chartering 475-ft. transatlantic ferry Carib Queen to Army, expects to begin commercial trips by March. Company figures roll-on, roll-off shipments will cut shipping time by two-thirds, trim packaging and handling costs...
...Marsh & McLennan. "We insure anything," says President Herman Dunlap ("Dutch") Smith. Like Lloyds of London, M. & M. has grown big (2,720 employees, offices in 29 U.S. and foreign cities) by never turning down an acceptable risk, will as gladly work out insurance for a $20,000 cotton shipment as a $2,000,000 offshore oil-drilling rig, or a $20 million pipeline. While M. & M. does not carry the actual fire, casualty, loss, or accident insurance itself, it acts as an expert broker, helping companies place their insurance as cheaply as possible. One result of such diversification is that...
...independents contended that the commission's decision would have no adverse effect at all on the shipment of oil to Europe. The normal U.S. stock, they pointed out, is around 265 million bbls., while current stocks amount to 273.7 million bbls. The talk of a shortage, they charged, was nothing but propaganda concocted out of the foreign crisis by the big producers and shippers to keep domestic prices down...
...Dulles was absent, Hoover as Acting Secretary had to take responsibility for poor staff work that produced diplomatic boomerangs: 1) the U.S. snub in April 1955 of Communist China's offer to negotiate disagreements that were leading the two nations toward war; 2) the on-again, off-again shipment of 18 U.S. tanks to Saudi Arabia last winter in the midst of Israel's strongest plea for U.S. arms...