OCR Text |
Show MEXICO'S NEW OIL PAYMENT DELAYED MEXICO CITY, July 2D. Petroleum Petrol-eum companies paid Into the treasury 3,000,000 pesos as export taxes for May and June, sayn Excelsior. This payment was delayed because the Carranza administration had placed too high a valuation on the oi! upon which the tax percentage w'as calculated. calcu-lated. Provisional President HuerU agreed to accept a price basis fixed by New York quotations The petroleum interests, says a dispatch dis-patch from TamplcO, are preparing a petition to President do la Huerta asking derogation of article 27 which nationalizes sub-soil rr |