The news-democrat. (Providence, R.I.) 1906-1909, 1907-09-18
STUPENDOUS "EARNINGS"
BY STANDARD OIL CO.


New York, Sept. 1s-The Standard Oil
company In the eight years from 1883 TO
1905, inclusive. earned total profits OF
$50. .3lo. .934.
This Is at the rate of more than SCI o00.-
0C0 a year. The capital stock Is S9o 3SS. .SS2
During this period the company dis
tributed TO its shareholders $3Oo, ,Sos. .403.
In the same eight years the assets OF
the company grew by leaps and bounds
: from $2VO. 1888 to $Sll.6ti.o3l.
earnings of the STANDARD Oil company of
New Jersey, the holding company OF all
the subsidiary companies OF the So-called
OIL trust, became known TO the public
for the nrst time yesterday.
Frank Is. Kellogg, who IL acting as the
agent of the government In the federal
suit for the dissolution OF the company.
succeeded in making the stupendous fig-
ures d matter Of court record.
Facing appearance In court as VIII
nesses and the possibility OF being
Obliged To produce all Of the company
caused Mr. Kellogg To be furnished wlth
tie information he demanded.
PART OF EVIDENCE.
This Information was presented 10
Judge Franklin Ferris. who Is sitting as
spscial master In the case, and became
II has been the policy OF the company
70 make no statement OF any nature con
the declaration OF dividend 1t has given
out heretofore nothing by which its IN
side workings could be gauged with any
degree Of accuracy. -. .,or.
The hearings brought out mucn tnoFs
Information which Mr.. Kellogg optaineo
from the Standard Oil company, inciuo-
ing a statement showing that lne Ssa ..
dard OIL company OF New Jersey ,.. So
trolIed by stock ownership over ~ com
nanles engaged in the refining anu lhe
transnortation by pipe lines OF oil on
Sept. IA, 1907. ..uof,,i,x
The standard Oil has always careiumy @
Guarded the list of its subsidiary com
1anies and the amount OF It's snareholo,
ines. The list showed that the Stahaanu saaa
oil company OF New Jersey owheu go SO, 90
600 OF the total capita, cay copnanX Saoe of indiana,
which was recently fined SZo,zoVVV pS
Judge lands at Chicago. - q,
These companies and the nuinpeF nn con,i ~
shares held by the Standard OH eoih-
nany OF New Jersey are as ioiinWs' i,,
r' SUBSIDIARY COMPANIES. ~.
Act,on Gesellschaft, Atlantic........ 0V
American Petroleum Co. ..'..'...''''' a. oog
Angle American Oil Co, Ltd. go go coo
Atlantic Refining Co. tB)'.''''"-''''' .es
Redford Petroleum Co. .......''...'''' S'ao2 aoy
norns Scrymser CO. ................'.. l'sSi
Ruckeye pipe Line CO. 30 oSo
(,orter Oil Co ............s.'''.s. - -e'
Chesebrough Mfg. Co., Consolidated . o'ooa 90
Continental Oil Co. .......''.''''''''''' o 40,
Colonial Oil Co ..........'.''''''''''' 60 900
Crescent pipe Line Co. ...........''''' oo'v.D oo'.o
Clarksburej Light and Heat .o.,.,;,' ;,
Deutsche- -Amerikanische Seseh- ooo
schaft .... ................ '.'''''' . 80
J1itto share warrants ........'s.''''''' -0'.'--
Empire Refining Co, Ltd. ..'.''''''''' -, 80
Empreza Industrial de Petroieo 49, o'oo ooo,
eureka Pipe Line co. .....'.'.''''''' '''soa 20
Gilbert g. Barker Mfg. co. .''''''''''
Georgia Car and Mfg. Co. ......'''''' -
Ditto common .........'. '''''''''''''' . "a,
Hazlewood oil Co .............'.'''''' s'od oda
Hone Natural Gas co. .........''''''' o'vo' oo,
INDIANA Pipe Line Co. .........'.'.''' I''o',
imperial Oil Co., Ltd .......''.''''' ia'ona Soa
Interstate Cooprnge CO. .''''''''''' 800 800
Jowrcnce Nature Gas co. ..'.'''.'' s'y,v -.
Nahoning Gas Fuel Co .......'''''.'' ''sSo ''o
Marion oil Co. .....................''.'. oD .o
nJouotain State Gas Co. ......'..'''. o'vo
Meeker Foundry Co. pf. ...'..'..'''''"
Ditto common ........ ''''''''''''''''' zoo 600
National Transit CO. ........'''''''''ovsS 'ovS'oSo So
NV YORK Transit Co. .......''.'''''' so'oSo 80
North,rn Pipe Line co. ...'.'.''''''' ~ 80 90 90
Northwestern Ohio Gas Co. ......... SZ'9s9
Ohio Oil Co .........'.'., ,''''''''''''''o "a ooo
pconle's Natural Gas Co. ............ N'VVy
IcoFlc y,hricatine Co - 300
ienhsyIv va,na a.,,rai cas- 20 .. 600
Richmond chamber of Commerce. %
I !, i,lio on,ano cas CO ....... IL. 12s
49, se,. r-raocaisa .. 100
viver Gas Co ........ ..............s.. l'vVo
Solar Refining Co. ..........'..'''''''' 'a f'SSi
eouthern pipe Line Co. .............. 9s'S9J
South Penn OIL Co. ..........'','''' -f''1o
eociets Italo- Americana Petroleo..'' %
Southwest Pennsylvania Pipe Lines So'uoV Wy
standard Oil Co. california;. .los 9so
standard oil Co Ondana) .......... s'sp
STANDARD oil Co. Gowa) ...........'.' l@o'Ovo @
Cfandard oil CO. (Kansas). ).........'.. 1855
Standard oil CO. OKentucky) ..'''''. W.. 49,
standard OIL Co (Nebraska). ...'.''' osso @
standard oil CO. of New York; wy wy
Standard Oil Co. (ohio) ...''.''''''' "t'Soa ooa
go, n"a,' ,.,, Natural Gas Co..... 60
yndei hay oil Co. ........ ...'''''.'''' ~ 80
Onion Tank Line Co. .......'..''.'.'' $3.50
United OH Co. ....... .'.'''.''''''''' " ~
Vacuum Oil Co. ........ ..'.'.'''''''' -o'o.
Waters Pierce oil Co. ...........''''' s'z4I
west India oil Refining co.,. l'5o
West Virginia Oil Co. .............''. soo
West India oil Co. .................... sy9
yyashineton oil co. ............... 7,14S
CAPITAL AND DIVIDENDS.
Lists of capital stock. net assets, gross
assets. total profits and dlvldends, OF tIls
Standard Oil company of New Jersey ana
of securities OF other companies held by
the STANDARD OH company were produced
by Mr. kellogg. the list having been
furnished him by onlcials OF the eoin-
pany I'm response TO subpoenaS.
Mr.. Kelogg's efforts TO obtain infor-
nation OF the records OF the liquidating
trustees. who had charge of the liquida-
tion OF the Standard oil trust and the
exchange OF the liquidating trust certifl.
Gates for the shares OF the Standard OIL
company OF New Jersey, were not re-
warded
Charles NJ Pratt. secretnry OF the
Standard OIL company, who testified that
he had been a liquidatins trustee, said
he did not know the whereabonts Of the
records and could reoali be said, but liz
tie regarding ths liquidation of the Stan
dard oil trust.
Clarence Fay, assistant controller fer