The sudden rise to fame of the oil-fields of Mexico gave birth to what may safely be referred to as one of the most enterprising amalgamations of capital in the long list of concerns associated with the petroleum industry, and it is gratifying to note that this enterprise was solely due to the well-known firm of Messrs. S. Pearson & Sons. Lord Cowdray, as the head, was not slow to recognize the vast opportunities which awaited the development of the Mexican fields, and the formation of the Mexican Eagle Oil Company, in 1908, with a capital of now $60,000,000 (Mexican), or about £6,125,000 sterling, was the initial result of his efforts. It was just about this time that the serious fuel oil era opened, both in this country and others, and it was evident that, for the purpose of adequately distributing the products of Mexican oil (and these include the whole range of refined oils, as well as fuel oil), there was room for the operations of a large and influential company. The Anglo-Mexican Petroleum Company, Ltd., was accordingly formed, with Lord Cowdray’s son (the Hon. B. C. Pearson) as Chairman, and a capital of £2,000,000, to deal with the importation and distribution of Mexican petroleum products on the English market. As already stated, the control of this Company has now passed under the “Shell,” and its future expansion is assured, both at home and abroad. The Mexican products are transported from Mexico to this country, as well as many others, by the large fleet of Eagle oil tankers, the property of the Eagle Oil Transport Company, Ltd., which admirably managed concern of £3,000,000 capital is also presided over by the Hon. B. C. Pearson. The Eagle Company possesses the largest oil tankers afloat, many of them carrying over 15,000 tons of bulk oil, though others to be built are to be considerably larger; an 18,000 ton tanker is, indeed, already in commission. Another highly important enterprise in the world of petroleum is that of the Burmah Oil Company, Ltd., which, as its name suggests, is occupied with the petroleum industry in Burmah, and catering for the almost unlimited needs of the Far East in regard to refined petroleum products. It controls enormous acres of oil-bearing territory held under lease from the Burmah Government, possesses extensive refineries at Rangoon, and has quite a fleet of oil tankers. Its capital is three and a half millions sterling, and its consistent success may be judged from the fact that it has paid over 400 per cent. in dividends. Of comparatively recent date, the Burmah Oil Company has turned its attention to other fields, particularly to Trinidad, but it is in connection with the development and subsequent operations of the fields of Burmah that the Company is chiefly concerned.