ANGLO - AMERICAN OIL.
Accompanying the announcement of an interim dividend of 71 per cent., free of tax, the directors of the Anglo-American Oil Company have now made an official statement with regard to an offer of purchase by the Standard Oil Company of New Jersey, a company with which the Anglo-American Oil is closely associated. This offer to Anglo-American share- holders consists of one $100 preferred share of the Standard Oil Export Corporation for every 5 5/9ths shares of Anglo- American Oil. This is equivalent to $18 par value for every Anglo-American share, and it may be noted that the 5 per cent. dividend on the Standard Oil Export Corporation shares is guaranteed jointly and severally by Standard Oil of New Jersey, Standard Oil of Louisiana, Carter Oil Company, and Humble Oil and Refining Company. A. W. K.
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