The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-10-03

Teller own?''
THE records show s47. coz shares,
replied Mr.. Tilford.
How many shares does Wililal
Rockefeller ownY''
II And ON the record ll,0o
shares, - answered Mr. Tilford.
"iiow many shares does II. II
Rogers owng''
"i'he record shows that Mr.. Roger
owns ia,oso," answered Mr.. Tilforl
who further stated that John Rookie
Teller jr.. owned i.N shares. III,
present record OF stockholders 10 tn,
Standard oil company OF New Ierse,
shows that John ID. Rockefeller
owned $4,000 when the STANDARD
trust was finally dissolved reducing
his holdings In the company hs Q, La
shares. IL vas developed Yesterday
that Mr. Rockefeller held sse,s7i
liquidatins trustees certificates out
OF q total OF 81, 500 certificates, The
record OF stockholders OF the stand
ard OH company Of New Jersey, only
part OF which was spread upon the
court record, further showed that The
University of Chicago owned 5,0eo
shares.
Concerning the business OF the
Standard on company OF New York.
MI Tilford said ID handled practio.
ally all OF the export business OF the
parent company, and that IL pnr-
chased the oil from subsidiary com
panies OF the STANDARD. Mr.. Kellogg
developed from Mr.. Tilford that an
understanding had been entered int
In 1903 with several independent re.
inning companies, situated along the
Standards pipe line, whereby the In.
dependents we're TO furnish a maxi.
mum quantity Of oil each day to he
divided among themselves, and the
Standard was to take all the export
oil refined by these independents.
Is 10 not a fact that before this
agreement was entered into the sup.
ply OF oil being furnished 10 these In /.
dependents was materially reduced
asked Mr.. Kellogg.
~ think IT vas" answered Mr
rilford.
Mr.. Tilford was asked why 10 was
that the agreement between the
Standard on company and The indie
pendents was never signed, though
IL was drawn up. The witness said
it was verbal agreement, and the
written form served as record. Mr..
rilford said that domestic trades
committees In the Standard had
Charge of the market In the United
States, and that the country was d.
sided Into sections. The witness
said that the Standard on company
acquired control OF the Pacific Coast
company OF California la 1900, when
the name was changed TO the Stand.
ard OIL company Of California. The
Pacific Coast company, Mr.. Tilford
said, had been competitor Of the
Standard company, because IL manu-.
featured a lower grade Of oil. Before
the Pacific Coast company was ac-
qulsed, the witness testified, the
Standard distributed refined oil In
through the Standard oil
OF Iowa and Indiana. In
Utah, California. Montana aud New
Mexico the Standard distributed Its
products through the Continental on
which obtained OIL from
the Indiana company. MI. Tilfor1
said that the Waters Pierce OH COM
pany sold oil In the southern part OF
Missouri, Arkansas -and Texas The
Waters-Pierce .conpsny obtains It's
OIL from The Standard on company
u Indiana. which has charge of the
OF oil-in Minnesota, Iowa,
Wisconsin. Illinois, Indiana, Missouri
and Kansas, The Standard on com.
pany OF New Jersey markets It's pro.
Ducts 10 the vicinity OF Its refiner-
les, said Mr. Tilford OIL is shipped
from the rehneries 10 the distribut.
Ing station in tank cars owned by
the Union Tank line. a subsidiary
OF the Standard OH con-
pany
Mr.. Kellogg asked Mr. Tilfprd II
be remembered the sar between the
and the Florence on
1T vas not the Florence OF CON
pany, but soue other company whose
rame ] don't remember. " said Mr..
TIlford
And the Continental put the 9TH.
or companies oct OF business
"No, sir: the company put Itself
put Of business, replied Dir. TIL
ford, who stated that during the war
the price OF oil dropped one-half. but
rose again when the trouble ~as over
Mr.. Tilford saidt the oil firm ~
Schumar s. Teagie. n
Cleveland. which refined and sold
0il, was sold some fears ago 10 the
Republic on company, which he
ssid belonged 10 the Standard oli
The works Of the scboheid
were disnsanfied and the
was taken In charge by
the Republic company. Mr. Tilford