NEL Oil Exports to Japan Not Large Flemington, NI.. June 4.
Mr. William S. Farish, President of the Standard Oil Ca. of New Jersey, declared yesterday that despite the agreement reached several months ago by British-American oil companies and the Netherlands East Indies with Japan, "the total movement of N.EI. oil to Japan is' much smaller than the imports by Japan from other sources of supply."
Mr, Farish, speaking at a meeting of stockholders, said the company owned 50 per cent, interest in the Standard Vacuum Comppany, domi-oiled in the Netherlands East Indies, He said that a few months ago "this affiliate joined the Dutch and British oil companies in a special arrangement for a Imited period to sell Japan additional supplies of oil and ordinary oil products (high octane aviation petrol was excluded)."
Despite the agreement, Mr, Farish said, Japanese imports from other Sources continued to be greater than her imports from the N.E.IL—United Press,
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