Business & Finance: Deals & Developments

From Indiana to Jersey, In Mexico: 1,500,000 acres of oil land (principally in the Tampico territory), 750 mi. of pipe lines, 65 mi. of railroads. In Venezuela: 3,100,000 acres of oil & gas land in the Lake Maracaibo District. On the island of Aruba, D. W. I.; a refining plant of 115,000-bbl. daily capacity. At Hamburg: an asphalt plant. On the high seas: 29 tankers of 1,700,000-bbl. capacity. These are the principal foreign properties of Pan-American Petroleum & Transport Co., 95%-owned by Standard Oil of Indiana. Last week Indiana's President Edward George Seubert...

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