INDUSTRIAL. 
17 
UNION OIL COMPANY OF CALIFORNIA 
GENERAL OFFICE: Union Oil Building, Los Angeles, Calif. 
CONTROL: Union Oil Associates, a California corporation, owns 57% of the 
Common stock. 
HISTORY: Incorporated under laws of California, Oct. 17, 1890, as a holding and 
operating company. Through exchange of stock, took over the interests of the 
Hardison & Stewart Oil Co., the Sespe Oil Co. and the Torrey Canon 0Qil Co. 
BUSINESS: Company is engaged, directly and through subsidiaries, in the pro- 
duction, refining and distribution of petroleum and its products. 
Company and its subsidiaries own in fee (or mineral rights in fee) 194,600 
acres and hold under lease 60,849 acres—all in the United States. Additional 
acreage includes approximately 400,000 acres owned in fee in Colombia, South 
America, and a half interest in concessions to approximately 880.000 acres in 
Venezuela. 
Physical properties include 495 miles of trunk pipe lines, 403 miles of gath- 
ering lines, storage facilities with a capacity of 39,000,000 barrels, 7 refineries 
with a normal daily crude through-put and cracking capacity of about 135,000 
barrels, 9 natural gasoline absorption plants with a capacity of 135,000,000 cu. 
ft. per day, 455 domestic and foreign bulk sales stations and commission agen- 
cies and 574 retail service stations. The movable equipment of the company in- 
cludes 725 tank cars, 1,240 auto trucks, 245 automobiles and 4 airplanes. 
SUBSIDIARIES OWNED: Far West Co, Fort Collins Producing Corp., Compania 
La Macarena Co.; Mission Transfer Co. Mission Transp. & Refining Co., Newlove 
Oil Co., Producers Transp. Co., Ship Simla Co., Ltd., Union Atlantic Co., Union Oil 
Co. of Arizona, Union Oil Co. of Canada, Ltd., Union Oil Co. of Mexico (Tampico), 
Union Oil Co. of Mexico (Lower Calif.), Union Oil Co. of Nevada, Union Steamship 
Co., Union Transport Co. 
CONTROLLED COMPANIES: California Coast Oil Co., Claremount Oil Co., Lake 
View Oil Co., Los Angeles Oil Co., Union National Petroleum Co. Southwestern 
Dre Co., San Sourci Oil Co. 
AFFILIATED COMPANIES: (California Domestic Water Co., Casmalia Ranch Oil 
& Dev. Co.,, Dominguez Water Co. John Irwin Oil Co., La Habra Water Co., La 
Merced Heights L.and & Water Co., Seventh & Hope Sts. Fireproof Bldg. Co., 
NShipowners & Merchants Tug Boat Co. 
OFFICERS: W. L. Stewart, Pres.; L. P. St. Clair, Exec. Vice Pres.; W. W. Or- 
cutt, R. D. Matthews, Paul N. Boggs, R. J. Keown, Vice Presidents; John Mec- 
Peak, Sec'y.; R. J. Keown, Treas.; George H. Forster, Comptroller. 
DIRECTORS: L. W. Andrews, P. N. Boggs, Chester W. Brown, E. W. Clark, Paul 
M. Gregg, John Earl Jardine, A. P. Johnson, R. J. Keown, A. B. Macbeth, R. D. 
Matthews, Malcolm McNaughton, Gurney E. Newlin, W. W. Orcutt, Henry M. 
Robinson, L. P. St. Clair, W. L. Stewart, W. L. Stewart, Jr., and Dwight Whit- 
ing, all of Los Angeles, Calif.: I. B. Newton and Stanley W. Morshead. of San 
Francisco, Calif. 
Fiscal Year Finds: Dec. 31. Annual Meeting: 4th Tues. ~~ .F 
PRODUCTION AND E47 INT 
Barrels Gross 
?roduced Sales Wet Profit Dividends 
, 243,018 65,915,21 0,704,047 $6,675,349 
270,904 74,378,77° hn 513,21 6,804,000 
036,184 79,943,7¢ ,831,6". 7,568,000 
389,68 80,273,32. ),048,44¢3 9,475,837 
whi was 5,735,845 85,367.77 11,101,935 7,587,320 
1929 i. 22,602,287 88,864,519 15,019,635 7,986,338 
*Includes profit arising from the sale of certain oil properties, which profit, 
however, was almost completely offset by reducing the inventorv value of fuel 
3 ITC 
CAPITALIZATION, As of Dec. 31, 1929 
Par Value Authorized 
.. 325 5,000,000 shs 
HISTORY: Original authorized capital, $5,000,000, divided into 50,000 shares of 
3100 par value, increased on Dec. 28, 1900, to $10,000,000 and again on Aug. 24, 
1908, to $50,000,000; later on July 13, 1920, to $100,000,000, and on March 13, 1924, 
to $125,000,000 being the present authorized capital. On May 23. 1924. the par 
value was reduced from 2100 per share to £25 per share 
Common Stoek ______ 
Provisions: Fully paid and subject 
to assessment only when and in the 
vent that the stockholders authorize 
it by amendment to the Articles of In- 
rorporation. 
Dividends: $2 per share, payable 
quarterly, Feb., May, Aug. and Nov. 10, 
since Feb. 10, 1926. Extra 50c per 
share Feb. 10, 1927. Stock dividends 
of 1% quarterly since Dec. 20, 1929. 
Ex-Dividend Date: About Jan. 16, 
Are 
Transfer Agent: Office of Company 
and Guaranty Trust Co., New York. 
Registrars: Security-First National 
Bank, Los Angeles: Central Hanover 
Bank & Trust Co., New York. 
Number of Stockholders: 9,803. 
Listed on: Seattle, San Francisco, 
[Los Angeles and New York Stock Ex- 
changes. 
Price Range: *7730 
High _. son pemsniavavind 
LOW eee 1 4 
To June ?