For the Record (4)

July 23, 1980

Exxon Corporation, the nation's largest oil company, reported Tuesday that its second-quarter profits rose 24 percent, to $1.03 billion, from $830 million in the same period last year. Meanwhile, Standard Oil, the No. 6 oil company, said its second-quarter earnings rose 39 percent, to $488.2 million, from $350.2 million a year earlier.