Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1907-09-19
Profits Of Company Capitalized at ont
Million Dollars.
DIVIDENDS OF OTHER COMPANIES
Statements of Sixteen Subsidiar,
Rockefeller Corporations.
EVIDENCE IN NEW YORK HEARING
More Details of Conduct of RocLo
efeller Companies Brought
Out before specIal
Master.

the Standard OIL company OF Indiana, the
corporation sentenced TO pay fine of t2e..
24O,OOO by Judge Lands in Chicago. ThN
company's profits for 1906 were S1O,5l60S
and in 1908 they were ss,763, 40
The Standard oil company OF New Jerse.
owns $500 shares OF the Indiana company'I
stock. The Indiana company Is capitalized
at S1OOO,O0O. The dividends paid by the
Standard oil company OF Indiana last yeni
aggregated A4s5,5OO, or a little more than
s6,0OO,oOO less than the profits. The figures
were presented today In the federal pro-
ceedings against the Standard OIL company
OF New Jersey. The dividends and profits
of sixteen other subsidiary corporations
were given.
Statements of Profits.
The statement OF dividends and profits Of
the subsidiary corporations Of the Stand
ard OIL company OF New Jersey. as pre-
sented in the federal proceedings now in
progress in this city. follow;
Atlantic Refining Company-1sO3: Capital
S.oOo,UoO; dividends Ss,4ss $50; profits. SS,7s4.'
100: 1895: Dividends, $,24S,S5S; prorts,
Buckeye Pipe Line Company-lsOs: Capt.
tai, S0.O0O000, dividends, 3l,499, 1853; profits
45S9 ~. 1906: Dividends, 1913 79S; profits
cIo9tinenta! OIL .Co.-1sOs: CAPITAL $500, 900;
dividends, SIS, 600; profits, S7s,seO 1905:
DlNluenub, S1OO,OOOt prOntS, $Ofb,Ob.
Eureka Pipe Line Co.-19O3 Capial. Ss,-
10000; dividends. s., 1910; prohts, sS,1i2-
3s5. 1906 Dividends, sS,s49.ssi; profits, s..
433,10+ =.
Galena signel-19Oa: Capital, $4,000, 900;
dividends $500; profts, sll632271 1906;
Dividends. El,s77 zoo; prohts, s.. sos o6e; :.
ooo, 900: dividends. SO, 1880; prohts. 81 1885,.
Sa. 1906 Dividends sS,17ss46; profits. s2,-
National Transit Co.-1sO3; Capital, ss5,-
455, 900, dividends, $2,543 165; profts, S,34o,0i2
1906 Dividends, sb0eo, ,3so profits. s1,s2s, 7GI
100000: dividends. sss4a 2ss; profits' $685.
Sss Sss oo 1906; Dividends, S,oss,sSs. profits 81
Northern Pipe Line Co.-lsN: Capital, 81
100000 dividends. 1892 profits, sso.522 1865,
DyGSnds; sd;sr s.SS.G SSGc eoei profits NsSl sl%
$500 90; divideSds sis5siss; PROFITS, 9s H'iss'.
40 90 1906; dividends s44s.4so; profits, ST.
Southern Pipe Lane Company--19es. capi-
tai, s.. 600. o.0O0;; DIVIDENDS, $500 s9S: profits
:lisSois 1906; dividends, N,b9s,ssS; profits
Standard Oil Company of 1owa-isoe; capi-
tai. 100000; dividends, s6,000,00o: profits.
see AS. 1906; dividends, $S,so4.09e; profits,
Standard oil Company Of 1ndiana-1sOs,
capital, s1,OOo,0OO. dividends. sS4si, 500;
profits s. 7SSIlo sn ns 1905; dividend, %'4o0.5oo:
Standard OIL Company of Kentucky, 1903
Capital, 81 900 900; dividends, tpe7, 200: profits,
9 t2,173. 19Oe-Dividends, si.eeiAoO; profits.
STANDARD or Company Of New York, 1908
profits, sl439l.o4e 1soe-Dividends S14s,Oeci
profits {a556,031.
Standard OIL Company Of Ohio, 1sO8-Capi-
tai, $3,5Oo,OoO; dividends, t174.e7o: profits,
!9so,Is4 lsC6-Dividends, si7l,s0O profits,
Vacuum on Company, isos-CapitaI. 81 800.
1soe-Dividends. not given; profits, N,l4eSM
Records Asked For.
Further efforts to obtain records of the
liquidating trustees of the Standard OH
trust, which effected the dissolution of the
trust and formed the present Standard OH
Company OF New Jersey, were made by
Frank l. Kellogg, who is conducting the
governments suit against the company,
when the hearing before Special Master
Ferriss was resumed today. Mr. KELLOGG
issued a subpoena six weeks ago for these
records. BY them he expected to show the
formative process of the Standard Oil Com
pany of New Jersey and prove the govern
mcnt's charge that the company is an ilie-
gal combination.
Clarence G. Fay, assistant comptroller OF
tho Standard. was recalled to the stand
and questioned about the income OF tina
c. M. Pratt Investment company He said
that the income from this source in 1907
was NS7,40O and that the money was paid
over TO the Standard OIL company by C.
M. Pratt, who yesterday testified that he
held stock OF the Waters-Pierce OIL COM
pany Of Texas for the Standard Company
and that the Standard company held the
stock of the G. M. Pratt company IN lieu
of the Waters-Picrce oil company stocks.
Mr.. Fay testified that between 1898 and
1906 the stock OF the Waters Pierce OIL
company did not appear upon the books of
the Standard oil Company of New Jersey
as an asset. In 1890 the latter company's
balance sheet showed ownership Of 2,77
shares Of the Waters Pierce stock, valued
at s3e67ss2,
Exchange of Securities.
Mr.. Fay was questioned about certain
trust company certificates held by the
Standard OIL company between 1850 and 1904
statement from the company showed that
stock OF the National Storage company
was held in exchange for the Lehieh Val.
ley railroad bonds and deposited with the
Central Trust company. which issued GER
tihcates in exchange In 1906 these Central
Trust certificates were exchanged for
$4,000 in cash and $4,000 worth OF per
cent bonds OF the Lehigh Valley Railroad
company
Mr.. Kellogg asked Mr.. Fay to produce a
statement showing the capitalization Of all
the companies I'm which the Standard on
company was interested. Mr.. Fay said he
would II possible II was agreed that Mr.
Fay and an accountant for the government
should retire and check up the income ac-
counts from the various subsidiary COM
panies. The partial list submitted contained
the names OF seventeen subsidiary COM
panies. Mr.. Fay said that practically all
the stock OF the original nineteen sub,
sidiary companies was obtained by the
Standard OIL company OF New Jersey be,
tween 1888 and 1900
Mr.. Kellogg then asked Mr.. Fay II he
had searched for the records OF the iiquidat-
ing trustees during the period between 1889
and 1893. Mr.. Fay said he hunted last night
and found several Standard Oh trust ledg
ers, the contents OF which he had not ex-
amined and did not know whether thsv co,,