Word: mobile
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Dates: during 1950-1959
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OCTANE RACE is getting hotter among gasoline producers. Socony Mobil Oil Co. will market at regular prices new "Mobilgas-R" with high enough octane rating for knock-free performance in most cars. In the premium field, Esso Standard Oil Co. will soon market special "Golden Esso Extra" with octane rating of more than 97. Sun Oil Co. in Florida is blending gas at the pump, giving drivers a choice of five grades of fuel. Top-grade rating: over...
...companies turned in rich earnings reports. Socony Mobil announced alltime high sales of $1.7 billion for 1955, with earnings of $207 million, up nearly $24 million from 1954. Gulf reported 1955 sales and service revenue of $1.8 billion, with profits of $218 million, 19% higher than...
...Socony Mobil paid an extra 50? a share; Texaco gave stockholders an unexpected $1.10 a share, in addition upped the usual quarterly dividend from 75? to 90? ; U.S. Steel tacked an additional 15? onto its regular quarterly payment of 50?; I.B.M. declared a 2.5% stock dividend; Deere & Co. upped its dividend...
Many other records fell last week as more third-quarter earnings figures were published. Standard Oil (N.J.), biggest of the petroleum giants, announced a nine-month net of $523 million, 19% above last year, setting a high mark for the company and the entire oil industry. Socony Mobil Oil hit $145 million, 13% above a year ago. The Texas Co. soared to a nine-month high of $189,767,006, up 24.9% over...
...CONSUMPTION in the free world will jump so fast in the next 20 years that it will be "increasingly difficult" to keep pace with demand, says Socony Mobil President Albert L. Nickerson. The forecast: a 65% jump over 1954, to 21.4 million bbls. daily by 1965, a 100% jump, to 26.7 million bbls. daily...