Montana farmer-stockman. [volume], December 15, 1949, Image 2

About Montana farmer-stockman. [volume] (Great Falls, Mont.) 1947-1993

Image provided by: Montana Historical Society; Helena, MT

                
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HERE ARE NINE EMPLOYEES of Standard Oil's Casper, Wyoming, re
finery who have something to smile about. Left to right are Larry
Schwartzkopf, John Anderson, Earl Ray, Roy Lawson, John
THE STANDARD OIL EMPLOYEE
EARNS HIS LIVING WITH
526,700 WORTH OF TOOLS
The better a man's tools, the more he can produce and the more
he can earn. Every member of the Standard Oil team—drillers,
transportation workers, refiners, marketers—is backed by an
average investment of $26,700 in tools and equipment.
In the last three years, this company and its subsidiary com
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H. C. "BEANS" LoBAUVE works at our High Island,
Texas, field—a long way from your Standard Oil
station. But his job depends on your demand.
Standard Oil is an integrated team, working to
gether from the oil well to the service station.
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THE NEW CATALYTIC CRACKER, one of eight now op
erated by Standard, can produce enough gasoline
in a day to run the average motorist's car over
250 years. Our employees depend on equipment
like this to help them meet your huge demand.
Taylor, Paul Moore, C. C. Conger, Russell Stoehr and Paul Jarisch.
These men, like 48,000 other Standard Oil men, have behind
them an average investment of $26,700 in tools and equipment.
panics borrowed against the future in order to spend more than
twice our earnings for new tools. Our investment in equipment
helped our 48,000 employees to average over $4,400 in wages and
benefits last year. Today, it helps them bring you more of the
petroleum products you need.
Last year 29 cents from each dollar of net earnings—the money
left after deducting all costs and taxes—went in dividends to our
97,000 owners. This was a return on savings invested in this
company. The other 71 cents from each dollar of earnings paid
part of the cost of new tools and equipment.
Everyone benefits from high production—owners, employees,
customers like yourself. High production depends on modem
tools. So it is good for eve.-yone—owners, employees and cus
tomers—that Standard Oil believes in modem tools.
STANDARD OIL COMPANY (Indiana)
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WILLIAM YATES of Chicago and the other thou
sands of independent businessmen who sell_
products are able to serve you better because
this integrated Standard Oil team plans and
spends and works together.
our