CONDITIONS IN PARTICULAR INDUSTRIES. 358

to acquire oil territories, so essential to the support of our organization,
 wherever they can be found.”
In 1913 the Dutch-Shell combine obtained from their different fields
throughout the world about 29,600,000 barrels of petroleum, or about
7% per cent of the world’s production in that year. In the United
States they secured about 13 per cent of the production, in Russia
about 13 per cent, in Roumania about 25 per cent, and in the Dutch
East Indies about 94 per cent. Some production was also reported
from Egypt and British Borneo. Since 1913 the Dutch-Shell concern
has increased its holdings in United States production, and it has
also holdings in Mexican, Trinidad, and Persian fields. The quantity
obtained in 1913 in the United States was about 6,700,000 barrels,
of which about 80 per cent came from California. It has been estimated
 that in 1913 producing property with an annual production
eapacity of 15,000,000 barrels was owned or controlled in the United
States by the Royal Dutch-Shell combination, and that the property
 controlled by it in Mexico was-capable of producing 7,000,000
barrels per annum.?
A number of the prominent European banking houses are interested
 in financing the various companies of the Royal Dutch-Shell
group. They include prominent English, Dutch, French, and German
 financial institutions.
The chart showing the most important interrelations of the compa~
nies included in the Royal Dutch-Shell group is primarily based on
two charts published in 1913, one by the ‘‘Finantieel Weekblad voor
den Fondenhandel” of Rotterdam and the other by the ‘‘Moniteur
du Pétrole Roumain” of Bucharest. In addition to the information
contained in the charts, other published sources were consulted, such
as the files of the “Petroleum” of Berlin, the ‘‘Moniteur du Pétrole
Roumain” of Bucharest, and a number of English and American oil
periodicals. A preliminary chart based on the information obtained
from such sources was prepared, and was then submitted, for criticism
 and suggested changes, to a number of Americans who are well
informed on the foreign conditions in the petroleum industry. A
final chart was then prepared in conformity with the various corrections
 and additions. This chart (chart 4, herewith) does not indicate
 all the connections reported to exist between the various Royal
Dutch-Shell companies or with companies outside of the group, but
the Commission believes that it is substantially accurate in presenting
the principal features of the combination. }
The Royal Dutch Petroleum Co. owns a part of the capital stock of
the Shell Transport &amp; Trading Co. A large number of other companies
 are connected with one or both of these two companies. Tha

_— = = == ———— ee ——————————
1 Petroleum Gazette, April, 1914, p. 7; and May, 1914, pp. 10-12,
¢ Petrolenm Gazette, May, 1914, pp. 10-12.
P7241 °— 16———24