London, Jan, Officials of all oil companies!
A survey of industrial, business The annual report of the Yard operating in California' gathered and financial conditions in the Sect of the Manchester Chamber here to-day to discuss charges that United States, conducted to-day by Jof Commerce states that, owing to, they had defrauded the State the United Press, indicates that the continued depress nin the [through recording gasoline sold to there are substantial advance or-port trade of cotton piece goods, [California filling stations as having ders and that the confidence of the and cotton yarns, the production of been shipped outside the state. general public has been largely Bri yarn during 1929 was The companies agreed to meet} restored by such factors as the ad-seriously curtailed. [State tax officials and to show their rinistration's "prosperity program-British exports of cotton yava) records in order to assist in find started the year well.
Almost 17,9 jarly frauds. Most of the companies Increased activity is being mani-000,000 Ibs. found an outlet deny that frauds have been per-fest in the steel industry, as shown January, but during the next three petrated in any quarter. by reports of U. S. Steel, Bethlehem months the figure gradually declined, The tie turned in May when the Meanwhile plans are being made Steel and other large companies. exports jumped to 16,000,000 Ibs for w federal grand jury, meeting A five per cent, increase in em-January 13, to investigate charges ployment has been recorded, Fur-Dut they slumped again to 123 million Ibs. in June, that 33 companies including the ther increase is anticipated as a Throughout July and August tha Standard Oil Ca., the Shell Oil Ca. result of the staffing of construc Jand others, have conspired to fix volume was steady. tion work all through the count: prices as a result of the recent] a sharp drop to 10.2 The automobile industry reports i "gasoline war."
September.
The concluding creased sales, which doubtless ha months of the year revealed no outs Commenting upon this, Kenneth] been stimulated by the two New standing features, 1 R. Kingsbury, president of the York shows during recent weeks.
"In the trade with' Indi tha [Standard: Oil' Ca, of California, Chain stores report that busi-report adds, ye had to contend, nog Jdeclaved to-day that such an action ness is good and that the stock only with increasing competition amounts to a challenge by the Department Justce to the market crash does not appear to from Japan, but the produce have had an adverse influence on tions of the Chinese mills"
Negality of the Federal Trade Com-poral th ari the buying power of the average amine to et] Stee te one gorrament unt ole oh gene gua 9 fare none cing wight re =may not be the tree Mr. Edward William Hok
Text read from the printed page and cleaned; old type leaves the occasional error.