MEXICAN EAGLE.
The interim report of the Mexican Eagle Oil Company was a fairly good one. The directors state that increased production in shipments is expected to offset the decline in prices. Production in 1930 is estimated at 12,858,000 barrels, against 11,954,048 barrels. in the previous year. Purchases are estimated at 5,575,000 barrels, against 6,765,803 barrels. Actual shipments, however, are expected to reach 19,110,000 barrels, against 14,854,759 barrels in 1929. The report also contains the encouraging statement that " the Mexican Government is initiating investigations into the present economic conditions in Mexico, and the directors are pleased to be able to report that there are indications that steps will be taken whirls will benefit the industry and lead to a greater prosperity for the country."
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