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STANDARD OIL.

[By Electric'"Telegi{aph—Copyright.] •' (Per* ! Press-Association.) Received October 8, at 8.'5 'a.m. London, October 7. -» 4 The Standard Oil Corporation has' lowered its rates, because the Schell group refused to allocate a quarter" of; -'tneir G5 per cent, for Europcan A sales, 1 \ also owing to over-production and new companies coming into the field -which, tho Standard hopes to sweep out. '" ' - The Hungarian Government is in-troducing-~a. Bill -to -create a State monopoly-in-oil wells as -the result thefstrugglo with the Trusts. ;"-ThVDaily. Mail describes Mr Rocke- ' feller as'engfaged in a great death fight., fori Standard Oil's "existence. ■ ~<• J.-Keroseno has dropped one penny and petrol fourpence a gallon."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM19101008.2.34

Bibliographic details

Oamaru Mail, Volume XXXVIII, Issue 10580, 8 October 1910, Page 4

Word Count
106

STANDARD OIL. Oamaru Mail, Volume XXXVIII, Issue 10580, 8 October 1910, Page 4

STANDARD OIL. Oamaru Mail, Volume XXXVIII, Issue 10580, 8 October 1910, Page 4

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