AUTOGRAPHS, LETTERS & MANUSCRIPTS AUCTION
Jul 22, 2020
Russia
 Urbanizacion El Real del Campanario. E-12, Bajo B 29688 Estepona (Malaga). SPAIN
The auction has ended

LOT 331:

SEABORG GLENN T.: (1912-1999) American Chemist, Nobel Prize winner for Chemistry 1951. Autograph Man...

Sold for: €200
Start price:
200
Estimated price:
€200 - €300
Auction house commission: 25.5%

SEABORG GLENN T.: (1912-1999) American Chemist, Nobel Prize winner for Chemistry 1951. Autograph Man...
SEABORG GLENN T.: (1912-1999) American Chemist, Nobel Prize winner for Chemistry 1951. Autograph Manuscript signed, Glenn T. Seaborg, two pages, 4to, n.p., n.d. (1970s?). The incomplete manuscript (the pages numbered 3 & 4 to the upper corners) is written in bold pencil and relates to the Occidental Petroleum Corporation and most likely were used in a speech or presentation given by Seaborg, stating, in part, 'Occidental is the third largest producer of coal in the U.S.. 23,000,000 tons per year with 4,000,000,000 tons of reserves in Kentucky, West Virginia…..They are also gasifying coal with a process developed by Garrett Research and Development…..Occidental has many other holdings…..They handle 500,000 barrels of crude oil per day. They are only in the natural resources business. Occidental will build the 30,000 barrel per day plant at a cost of about $50,000,000. However they want to pick a new location on government land of greater producing capacity for a 100,000 barrels per day plant, want a ''no recourse loan'' from the government, to be paid back from profits, to get this underway…..' and also referring to Occidental's competitors, Standard Oil of Indiana and Gulf Oil, who were sharing oil rights over 5,000 acres in Colorado. Signed by Seaborg in black ink with his name alone at the foot of the second page. Two small staple holes to the upper left corner, otherwise VG