New-York tribune., 1907-09-18

Transit COMPANY the Northern Pipe Line Com
pany. the Northwestern Ohio Natural Gas Com
pany the Ohio Oil Company. the Solar Refining
Company, the Southern Pipe Line Company, the
South Penn Oil Company and the Standard Oh
companies of Indiana Kentucky. New York
and Ohio.
Mr. Pratt could not tell the whereabouts OF
the records kept by the liquidating trust ana
said quite audibly, mo, sir do not" when Mr.
Kellogg asked him if he knew anything ABOUT
the organization of the Standard Oil Company
The government attorney finally got reluctant
admission that his guess that the Standard oil
Company had given of its shares Sloo par
for each one of 9T2. 800 shares. the aggregate OF
the stock of the companies in the trust agree
ment. might be correct
On Mr. Pratts guardedly ventured surmlse
that some of the records desired might be IN the
controllers Office. Clarence G. Fay was caheo
the stand. He is a about thirty-hVe'
who is performing the duties of controller Whle
his superior A H. Brainard. is recuperaung IN
Europe. On several occasions when it appeared
that Mr.. Fay might be able to remember some
thing that the lawyer wanted to know. MT
Rosenthal had objections TO make or explana-
tions as to the content and purport of Mr. kel-
logg's interrogations. Like that of the pre-
ceding witness Mr. Fay's knowledge Of the rec
ords and books Of the Standard Oil was very
general and very haZy. The prosecutor did get
an admission Of the authenticity of the owner
ship of stock in the subsidiary companies by the
Standard of New Jersey.
MR.. FAY's INFORMATION VAGUE.
When the hearing was resumed in the after
noon Mr.. Milburn for the company, said that
Mr.. Fay had told him he might be able to get
some of the books and records desired. ana
would do so. As to the acquisition OF stocks IN
the companies. though he has been Identified
with the controllers Office OF the Standard since
1899. Mr. Fay had only vague Information to
offer He promised 10 look up whatever records
he could lay his hands and give copies of
them TO the governments attorneys He had no
knowledge however Of where the trial bal
ances and records Of the liquidating trustees
were kept.
Mr. kellogg at last declared that he had served
Wade Hampton. auditor of the company. with
| a subpoena for the books four TO six weeks ago.
Mr. Hampton Is the general auditor of the COM
pauy and had been ordered to produce all rec
ords books accountings Of stock of the hqui-
dating trust and memoranda of its exchange for
| Standard Oil shares. Mr. Milburn said he would
| help the prosecutor as much as he could. but
,ba latter got little satisfaction out of the wit
| ness.
Mr.. Kellogg found out, however, from Mr.. Fay
| that every dollar of the increase in profits as
stated in the table of the last eight years. came
from the Standards own earnings or those OF
its subordinate companies, even though the act
ing controller was at a loss to say whether the
! list Of stock owned by the Standard Oil Com
! pany Of New Jersey complete one he
knew he received trial balances OF some Of the
| subsidiary corporations each year. but couldn't
say that all Of these corporations sent them IN
Pinned down 70 identification of companies on
the list that do send yearly trial balances. show
ing assets, liabilities and profits. to No 70
Broadway Mr. Fay said that most of the sub
sidiary companies did send in their yearly
financial statement. and he might have them
in his office"
Taken altogether. Mr.. Kellogg's efforts to hnd
out who was engaged in the liquidation Of the
Standard Oil Trust after the trust was ap-
pointed in 1892, and how the exchange Of its
certificates for the shares of the Standard OIL
Company of New Jersey was accomplished were
not eminently. satisfactory. Neither were his
attempts to positively identify the individual or
| official of the Standard Oil Company who could
| produce the records.
MAY WANT H NJ FLAGLER
At one point in the afternoons session Mr..
Kellogg hinted that H. NJ. F1agler could If
found. help him in the hunt for the desired
| ords. But 1 suppose he. too, said the lawyer
! with sarcasm SIS in Europe" why. no." said
| Mr.. Milburn, very placidly. I was talking with
him only few days ago" and he looked toward
the rear of the courtroom as II single out the
| Standard OIL director
Mr. Fla gler was not there however. out Will
| lam G. Rockefeller and Wesley H. Tilford. one
| Of the directors, were there awaiting their turn
| in the chair. Mr Millburn did not offer. how
ever to put Mr. kellogg into touch with Mr..
/ F1agler, nor did he say he would be present