Letter from D. W. Kempner to E. R. Hill discussing about his recent trip through Suez Canal and involvement with Nanyang cotton mills. He also expresses interest in conducting business and offers to supply up to 2000 bales of cotton monthly with payment terms via sight draft New York.

Letter from Harris L. Kempner to Frank A. Richards filling him in on their upcoming trip to East Asia and asking him to write some letters of introduction should he need them.

Letter from Harris Leon Kempner to Richard Kyle mentioning why he's late in replying to his letter of May 7th, as he was in Orient and then had to take a quick trip to Washington. He mentions that he had dinner with Fred Gardner and that Shrub is entering his junior year at Harvard this Fall. And mentions that it's great pleasure to have some news from you and Nina and that him and Ruth are doing the same things they usually do.

Interview with Howard Yergin, an employee of Caltex Petroleum Corporation from New York City. Yergin discusses his career with the company, including his education and Army service, hiring by Caltex, move to Shanghai in 1948 and business conducted there, businessmen who helped reestablish Caltex's Chinese market after WWII, fleeing China in 1949, attempts at recouping capital from the Chinese government, operations in Hong Kong, changes in the oil market over the years, corporate financing, internal reorganization, OPEC, Persian Gulf economies, South African operations, the tanker fleet, and the company's move from New York to Dallas.