MEXICO’S OIL
FOREIGN INTERESTS IMPERILLED United Press Association—By Electric Telegraph—Copyright (Received August 24, 5.5 p.m.) LONDON, August 24. As a sequel to the increasingly unfavourable position of foreign oil companies in Mexico, of which the most important, the Mexican Eagles, has slumped 50 per cent on the Stock Exchange in the last few weeks, the British Government is considering making representations to Mexico. It is feared that the present concessions will not be renewed upon their expiry, as Mexico alms at the nationalisation of the entire Industry.
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Bibliographic details
Timaru Herald, Volume CXLIII, Issue 20815, 25 August 1937, Page 9
Word Count
87MEXICO’S OIL Timaru Herald, Volume CXLIII, Issue 20815, 25 August 1937, Page 9
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