Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1907-09-20
Is Opinion Of Wall Street
Regarding Oil Trust
Control.
MOUNTAIN OF EVIDENCE
Piled Up In the New York In
quIsiti0n for the Gov
ernment.

New York, Sept 20.-John ID. Rookie
feller now owns PAT .692 of the 972 800
shares of the Standard Oil company of
New Jersey according to the testimony
which Tilford, treasurer of that COM
paly, has given in the federal action at
the hearing in this city today. AS the
Standard Oil stock was last quoted al
$440 a share, Rockefellcr's holdings are
worth nearly $109,0O0,O 900. The hold
ings of William Rockefeller were stated
by Tilford TO be 1I,700 shares, and
those of Ii. II. Rogers 16,020 shares.
New York, Sept 2O.-Wau street
generally believes that a new era il
the personnel of the Standard Oil COM
pany's leaders is beginning. 1t is
thought that the younger element ii
the great corporation is coming to the
front and that the older element is re-
Gnquishing its active hold upon the
affairs of the company and those If
the vast interest which have been
affiliated with it. John ID. Rockefelle :
Jr., William G. Rockefeller, Urban Ii
Broughton, son-in-law of II. II.
Rogers, and H. II. Rogers, Jr., are
among the younger men who are
looked upon by the street as now
directing affairs
William Rockefeller is regarded as
likely to take principal part still ia
the company's councils, but most Of
the other men who have been calle1
hn mo ,,F
pany, including John D.. RQckefeller.
Sr.. John d. Archbold and H. II.
Rogers, are expected hereafter to
leave to their juniors the task of han /
ling the giant business which they
founded. What leads the street to
hold these views is the recent decision
of the directorate of the Amalgamate,i
Copper company to cut down the out
put of the mines to one half the nor
NAL. II is held that this is a depart
ure from the policy which was pur
sued several years ago when the cop
per market was declining and that il
signifies that the younger element i:
in control.
Urban H. BrOughton is deemed 4
particularly interesting figure in the
new order of things. Mr.. BrOughto
is an Englishman who came to thi@
country as mining engineer. II
married the daughter of II. II. Roger.
and was placed in charge of tn;
United Metals Selling company
through which the Amalgamated az
number of other large copper pro
ducers sell all their metal.
pile Up More Evidence.
New York, Sept. 20.-Special Pros
cutor Frank b. Kellogg piled up NOR
powerful ammunition yesterday fo
the use of the government when it be
gins suit i'll ST Louis for the dissolu
tion of the Standard Oil trust. Som
of the things Mr.. Kellogg learned -
the information hunt now in progres
here were:
The Standard Oil company of Ohic
which was dissolved in 1892, reOrgar
lied in 1899, in defiance of the Law
under the title of the Standard o.
company of New Jersey.
The trust is operating in Texas III
company, although by the law of thu
state no Standard Oil company is pc
mitted to do business within it's boul
daries.
OF 972,5OO shares of trust certi!
Gates in the Standard Oil cOmpan
trust John D. Rockefeller owns on
right 25G,S54 shares, more than a on
fourth interest, and that in the la!
eight years his personal profits haI
aggregated $125,000, or more than 81;
100000 a year.
victory for the Government.
1t was from Wesley II. Tilfor
treasurer of the Standard Oil COZ
pany, that the reorganization of Il
trust in 1899, Immediately after its e
forced dissolution Special Prosecute
Kellogg expressed the opinion tn
Mr. Tilfora's testimony proved for Il
first time what the government
previous cases has failed to bring OF
that in contempt of the dissolutit
judgment passed by the OHIO cour
the oil trust maintained itself witho
change and without losing its identit
This Mr.. Kellogg said was one of t
most important pieces of eviden
that the government could obtain
the prosecution of its dissolution su
Mr.. Tilford spent a busy day {
tanning from Mr. Tilford the vario
changes in development of the Stal
ard Oil trust from the time of its