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| | Socony-Vacuum Corp. - TIME |
 | | Socony has $720,305,000 assets, earned $40,246,000 last year; Vacuum has $240,545,000 assets, earned $20,393,000 last year. |
 | | Socony is well integrated, with large production in California (General Petroleum) and the Southwest (Magnolia) and with nearly one-third of the total gasoline sales in "Soconyland" (New York and New England) as well as a major part of the kerosene business in China and India. |
 | | The union with Socony means a source of crude supply as well as a large gasoline business to supplement the Vacuum line of lubricants. |
| www.time.com /time/magazine/article/0,9171,882045,00.html (0 words) |
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