Business & Finance: Index: Mar. 4, 1929

Oil Committee. Election of R. C. Holmes, President of Texas Corp., to head a committee of 80 oil-executives was last week announced by the American Petroleum Institute. The Holmes committee is charged with the difficult and vital function of determining some method of restricting oil production. The main committee is divided into four regional committees:

Pacific Coast, headed by K. R. Kingsbury, President of California Standard Oil.

Gulf Coast, headed by George S. Davison, President of Gulf Refining Co.

Interior, headed by W. C. Franklin, Vice President of Tidal Oil.

Mexico and South America,...

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