davidaulloa/AmericanStories huggingface dataset:
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
MORE LIGHT
ON STANDARD
Profits of the Indiana Company More
Than 1000 Per Gent.
Was Much Juggling With Books 10
Cover Up Real Extent OF earn
ings - Indiana Concern Biggest
Producer of the Subsidiary Com
panies.

New York, Sept. 19.-More light was
shed upon the remarkable earning Gu
pacity Of the various subsidiary COM
nsnies of the Standard Oil company
yes tsrday when Frank 0. Kellogg, VINO
ID conducting the Federal suits, sue
ceeded in placing upon the record the
profits Of IL OF the principal subsidiary
companies in hesyears 1908 and lsoo.
The statement Of earnings Of the Stand
ard Oil comany of Indiana, which was
recently fined $29, 100000 by Judge
Lands, OF Chicago, for rebating, dis
closed that in 1905 the company earned
310,516, 0s2 on capitalization OF ST.
600 900, or over 900 per cent year:
The Indiana company in 1905 earned
more than any subsidiary company oil
the big combine.
Mr.. Kellogg developed during the
day, while Clarence G. Fay, assistant
comptroller of the Standard Oil COM
pany, was on the stand, a curious prob
lem OF financial bookkeeping or hand
ling OF accounts, which Mr.. Fay failed
to explain. From figures submitted it
was shown that the Standard Oil COM
pany of New York in 1904 made pro-
ft of $7,775, 100, and paid as dividends
10 the Standard Oil company of New
Jersey the total sum of $32,s9S, 4S0.
This transaction reduced the net assets
of the New York company from $40,
425, 900 to SIS, 179, 706, while the liza
bilities leaped from $47, 646, 235 in 1908
to $81, 1896. las in 1904, an increase of
nearly $34, 900, 900. The gross assets
of the New York company, however, in
creased from $8s,0l4,561 in 1908 to
$96,574, 1852 in 1904. Meanwhile the
accounts receivable OF the Standard Oil
company Of New Jersey grew from $751;
045, 041 In 1908 to sos, 272, 1924.
Mr.. Fay was closely questioned as to
the nature Of the increased liabilities
of the New York company, and the in
crease in the accounts receivable of the
Standard Oil company, of New Jersey,
but he said he could not tell until he
had examined the books of both COM
panies, which he told Mr.. kellogg he
would do.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28

Gage Drops 100 Feet to Bottom oil
Shaft.

Negaunnee, Mich, Sept. 21.-By &
cage pIunging 700 feet down the shaft
Of the Jones 4 Laughlin iron mine, II
men were killed and seven fatally in
jured. The cage with its human
freight was being lowered on its first
trip OF the day, when the brake sudden.
ly failed to hold. Two other men
sprang to the assistance of the one at
the brake. but their efforts did not
avail and the wire cable continued to
unreel from the drum like thread from
la spindle.
The cage shot down couple of hun
bred feet before kink in the too rap
idly paying out cable caused it to part
and from that point the cage had a
sheer drop to the bottom of the shaft.
The safety catches with which II was
equipped failed to operate. The surg
ing OF the cable ana its mad fight tore
out part of the side of the engine house
and ripped out several OF the sheaves
in and about the shaft house. Work
men at the bottom of the mine inme-
diately set about the task of removing
the dead.
The bodies lay in one pile, mass Of
lifeless flesh and blood. The bones Of
the bodies were 80 shattered that the
men, when they struck, were piled on
top of each other like SO many pelts of
leather. Seven men were found still
alive.
When all the miners came from I'M
der the ground and many anxious wives
and others failed TO find members of
the families who worked in the mine,
the scene WAS pitiful. Priests and min
listers moved among the people consol-
ing them and begging them to be calm.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
EARNINGS OF
STANDARD OIL
Books Show Profits Of More Than
$500, 100000 Since 1882.
John D. Rockefeller Owls RAT. $50
Shares Worth &44O . Share
shr'nkage In Market Caused Loss
of $500 Chicago Uni
versity Owns Stock.

New York, Sept. 21.--Kecords OF the
stockholders OF the Standard OIL COM
psny of New Jersey, laid bare yester-
day at the hearing OF the governments
suit for the dissolution OF the alleged
oil combine, disclosed the fact that
John D. Rockefeller owns 247 900
shares, or nearly five times as much
stock, ~ any other individual share
holder. and that he and his associates
who signed the trust agreement In 1882
still control majority of the stock.
Measured by the present market price
OF t440 share, the holdings OF Mr..
Rockefeller In the Standard Oil COM
pany have value OF t109, 900 600.
The stockholders' record Of August IL,
1907, shows that the University of Chi
cago Is the owner OF 5000 shares OF
Standard Oil stock.
The depreciation In the price OF the
stock within the past 10 years, about
the time the agitation began, has been
more than f400 a share. Since legal
proceedings against the Standard Oil
company we're instituted. the stock has
steadily declined, until it is now around
$440. This represents loss OF over
800, 900, 900 on the holdings OF John
d. Rockefeller.
The shrinkage in the market value
CT the stock cost the University Of Chi
cago about $4,000, 900.
Accountants for the government are
still engaged on the records OF the IL
quidating trustees and ledgers obtained
from the Standard Oil company, and.
while the examination has not been
fully completed, 1t is said that the
books show that from 1882 to the pres
ent time the oil combine has earned
between 100000, 900 and 5000, 000,-
900. 1t lis expected that Eext week the
exact figures will be produced in court.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
LOOT OF ROBBERS $4,000
Currency Stolen in Montana Trair
HoId-Up.


Spokane, Wash, Sept. 19.-Forty
thousand dollars in currency, the
greater part of which was in bills Of
large denomination, is now declared to
be the haul made by the robbers who
held up the Great Northern Oriental
limited train near Rexford, Mont, on
the morning of September IL.
This money, according to reports re-
ceived here, was consigned by the Com
mercial National bank, of Chicago, to
the Old National bank, of this city. In
spite of the fact that the money was
consigned to the Spokane Ebank, the
robbery will not cost the bank a cent
as the money was fully insured in one
OF The big Eastern companies. The
money stolen is said to have been in
four registered packages, each package
containing $4,000. These were in the
car which was dynamited by the rob-
bers. From the investigation of the
officials it is believed the $40, 900 was
practically the full amount secured bv
the robbers.
"The Old National bank knows moth.
ing OF the loss of such shipment
other than that inquiries have been
made as to whether it was received
mere OF moi" said W. J. Kommers,
assistant u.s., cashier of the institution.
The Commercial National bank, of
chicago, may be tracing such ship
ment, but we know nothing of it. The
bank Is net our Chicago correspondent j,
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28

Operators Seek Arbitration-Rumo
of DIssention In Ranks.

New York, Sept. 20.--Conficting re-
ports regarding the possibility Of an
early settlement OF the telegraphers'
strike were current tonight. From one
unofficial source it was given out that
direct negotiations had been opened
with President Roosevelt, seeking his
aid in bringing about arbitration Ac-
cording to this authority, Percy
Thomas, of the national union, and
Daniel L. Russell, ex-president of the
New York local, had a two-hours' talk
with the president at the latter's home
in Oyster Bay, on Wednesday last.
This could not be confirmed tonight,
but Mr.. Russell did say:
"The most important action taken
in connection with the strike was made
on Wednesday, and we are satisfied
that 1T will bring speedy and satisfac-
tory settlement"
Mr.. Russell, who is also chairman of
the local strike COMMITTEES, added that
word had reached him late tonight that
two members of the union had gone to
Washington to see Labor Commissioner
Neill and to express to the commits
sionsr dissatisfaction with the conduct
Of the strike.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
HIS VACATION DAYS OVER.
President Roosevelt Returns to Wash
ington and Hard Work.

Oyster Bay, l.. T., Sept. 24.-Presi.
dent Roosevelts summer vacation at
his Sycamore Hill home will end at 10
a. m. Wednesday, when he, with Mrs.
Roosevelt, members OF the family and
the executive staff, will take a special
train for Washington.
During the three and half months
the president has occupied the home
stead he has had the quieteet and at
the same time the busiest vacation he
has indulged'in since ha became an oc-
cupant OF The White House. The re-
cords show that since June IL the pres
ident has received l25 persons at Saga
more Hill. Some of the callers have
been distinguished foreigners and few
have made purely social calls, but the
majority OF them have been officia "a on
strictly government business.
While visitors have been compare
lively few, the work which the presi.
dent has accomplished in other direc-
ton has been great. His annual mes.
sage to congress ia practically COM
pleted. The document needs only fin
ishing touches, and but few OF them.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
HAGUE MEETING BARREN.


The Hague, Sept. 24.--After having
been In session for over three months,
and adjournment probably a month In
the distance, it Is recognized generally
and even BY the most optimistic in the
peace movement, that the second inter.
national peace conference has been and
will be at its conclusion, barren of re-
suits leading to permanent measures OF
benefit TO the peace OF the world.
Even the proposition for future
meeting of the conference, which was
unanimously adopted has been go alter
cd as to suppress it's most important
part, namely, the periodicity of meet
ings, merely providing for the calling
OF third conference, but establishing
nothing with regard to converting Of the
future conferences.
The prevailing opinion IA expressed
by one Of the leading delegates ia that
the absence OF results in the conference
on the great questions was due to the
lack OF preparation by all the countries
represented. This, he said, was espec-
Tally striking in the case of the Ameri-
can delegation, which was supposed to
have come here In complete accord with
the Latin-American countries.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
NO EFFORTS TO HIDE FACTS.
San Francisco Health officials Will
Tell Truth About Plague.

San Francisco, Sept. 23.-At Joint
meeting today OF the Federal, state and
municipal authorities to discuss the
bubonic plague situation, the following
resolution was unanimously adopted:
Resolved, That it be the sense of
this meeting that the fullest authorized
publicity be given to the plague situa-
ton in the city at all times; that the
newspapers be requested to publish
such reports as may be furnished by
the department of public health; that
the interests of the city are best served
by this course.'
The decision henceforth to encourage
publicity is in line with the views
held from the beginning by the federal
authorities
The total number of verified cases Of
plague to date is 80; deaths, 22; un-
verified suspects, 90.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
WARRANTS FOR 0RAFTERs.


Philadelphia, Sept. 2O.-Warrants
reached this city late this afternoon
from Harrisburg for the arrest of Geo.
f. Payne, builder of the state capitol,
Charles G. Wetter, his partner, and
Stanford Lewis, an associate of Archi-
tect Huston, who planned the capitol.
Counsel for Payne and Wetter waived
hearings and bail for Payne was fixed
at $4,000 and for Wetter at IS, 600.
Counsel for Lewis accepted service in
his behalf and furnished "a 1000 bail for
his clients appearance in court. Payne
Is said to be i'll at Mount Clemens,
Mich.
Warrants for George K. Storm and
John q. Niedeier, of New York, stock
holders in a concern which manufac-
tuIed the lighting fixtures of the capi-
tol, also arrived here today. The men
are supposed to be In New York and it
is stated that unless they accept service
the warrants will be served in that
city.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28

Standard Oil ooss Buslnsss IN State
Under Alias.

New York, Sept. 20.--That the
Standard Oil company Ia operating I'M
der the name OF the Corsicana Refining
company in the state OF Texas, which
has forbidden the oil combine to OPP
crate within the state, was indicated
Yesterday when Wesley H. Tilfcrd,
treasurer of the Standard Oil company,
under examination In the governments
suit against the company, testified that
Fl. G. Folger and @. M. Payne, whom
Mr.. kellogg, the attorney for the gov
eminent, states, control the Corsicsna
company are prominent In the conduct
of the affairs of the Standard Oil COM
any.
Mr.. kellogg sought to draw from the
witness the information that the Corsi-
cana company was really Standard
Oil company and was operating in
Texas because the antitrust laws of
that state would not permit the COM
bine to operate. Mr.. Tilford replied
that as far as he knew the Standard Oil
company had no interest in Texas. He
said that Mr.. Folger and Mr.. Payne
were both officers of the Standard Oil
company, but he was not aware that
they owned the Corsicana company.
Mr.. Kellogg spent busy day tracing
the various changes in development OF
Standard Oil from the time of its in
ception in 1882, when the trust was
formed, until the trust was dissolved in
1899 and the Standard Oil company Of
New Jersey was formed. Mr.. Kellogg
developed many of his questions from
the trust agreement OF 1882, which was
contained in the bill OF complaint fled
in st. Louis last December, when the
present action WAS commenced.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28

wheat-Club, sec; bluestem, sac;
valley. sac; red, SOC.
Oats-No. | white, s23. 50@24; gray,
t23@2S.50.
Bsrley-Feed, s23@2s.bo per ton
brewing, s24.bo@24. rs; rolled, t24 sc
@25.50.
Corn - Whole. ,as@so; cracked,
5000.
Hay--yalley timothy, No. l, s17@
is per ton; Eastern Oregon timothy,
tls92o; clover, tll; cheat, sll;
grain bay, sl1@12; alfalfa, tl2@l3.
Fruits--Apples, $1@1.50 per box;
cantaloupes, 75c(9tl 20 per crate /;
peaches, 6oct9sl .26 crate; prunes, SOC
Toe per crate; watermelons, 1@15zc per
pound; plumss 50(975c per box;
grapes, b0e@$l so per crate; casabas,
s2.26 per dozen.
VegetabIes--Tnrnips, 81 rs per sack !;
carrots, sl.25 per sack; beets, 81 .25
per sack; cabbage, 1H@1Ac per
pound; celery, 76cS@t1 per dozen /;
corn, $10l so per sack; cucumbers, 10
elise per dozen; onions, 10000 per
dozen; parsley, zoe per dozen; peppers,
s910c per pound; pumpkins, lL@
&c per pound; radishes, zoe per dog.
en-; spinach, &c per pound, squash, soc
@tl per box; tomatoes, 100000 per
box; sweet potatoes, 234c per pound.
Onions-$l.50 per sack.
Potatoes-New, s0@90c per hundred.
Butter-Fancy creamery. 27H@35c
per pound.
Vea'-75 to 125 pounds, s@s%c;
l25 to $50 pounds, TIC; 100 to 200
pounds, 6(97c.
Pork-Block, rs to $50 pounds, ga
SIC; packers, 716@sc.
Poultry-Average old hens, I4@14Lc
per pound; mixed chickens, 13@13kc;
spring chickens, 1s@ls16c; old roost-
err, s@9c; dressed chickens, 16@17c;
turkeys, live, 15@16c; geese, live, ga
&c; ducks, 15c.
Eggs-Fresh ranch, candled, 3oc per
dozen.
Hops-1907 Fuggles, e&@7c per
Per pound; 1907 clusters, 798c; ODDS.
Wool-Eastern Oregon, average best,
1925 par pound, according to shrink
49,; valley, 20@22c, according to fine
-; mohair, choice, 290s0c per
<esssa4s
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28

Canton, Ohio, Sept. 24.--Thousands
OF persons from many parts of the coun-
try will gather In Canton next Monday
to again honor the memory of the late
President Mckinley. On that day the
splendid and imposing memorial built
by contributions from hundreds of thcus-
ands OF persons In this and other coun-
tries and erected under the direction of
the Mckinley Memorial association.
will be dedicated The president of
the United States will be the principal
speaker of the occasion, and other dis
tinguished men will make addresses
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
MckinIeYs In Nav Tnnah

Canton, o., Sept. 2O.-ToniQbt tbe
new pronze casket containing the re-
MAINS OF Mrs. Mckinley rests in a sar-
C co. in the Mckinley mausoleum
On guard at the tomb are United States
,eguiar soldiers. A half mile distant
~. ~ 'ne south, in the vault that has held
sne remains of President Mckinley.
sun b,,. rests the body of the late president,
S 5a. IN new casket. Here, too, SOL
a 1 are on watch. The work of trans.
y. .errlng the bodies of the McKinlevs to
' Sne vault was entrusted to a Canton
undertaken. "'oa
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28

San Francisco, Sept. 21.-The total
number OF bubonic plague cases to date,
as reported at today's meeting of the
board OF health. is So, an increase OF
two over yesterdays score. Twenty OF
these 80 have died, and there are 20
patients under observation as unveri-
ted suspects. The Wholesale merchants
south OF Market street, in the water
front neighborhood, have united in a
statement to the authorities that they
will at once begin general campaign
OF cleaning up their premises and dis
tricts.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
ESTABLISH PRIZE COURT.


The Hague, Sept. 23.--The s11tn
plenary sitting of the peace conference
to-day attracted an unusually large au'
dience. The members OF the lnterna-
tional chronological and Dairy con-
~ which were meeting here, were
present. In the course OF the dIacus'
sion regarding the establishment OF an
international re court, Senior Esteva
(Mexlco) announced that the Mexican
delegation would now vote in favor Oh
the proposition, as the modifcation
permitting a country interested IN a
Gaze to have it's own judge on the I'll
bunal largely does away with the oblec-
tionable features Of the earlier propo-
sition which he said contravened the
principle OF the equality OF naaions.
Senior Esteva added that while Mexico
would support the proposition to estap-
Iish prize court, she did not withdraw
her opinion, repeatedly expressed,
against the project to establish an I'M
ternational court of permanent arbitra-
ton, If based on principle contrary
to the equity CT the states.
The proposition to establish an ,n-
ternational prize court was ultimately
approved, Brazil alone casting vote
against 1t. Russia, Japan, Siam, Ven
ezuela. Turkey and Persia abstained
from voting.
On the motion OF President Nelidoff,
the resolution in regard to converting
the third peace conference. introduced
Der 10, was unanimously adopt
ed, together with the expression OF
gratitude to Emperor Nicholas, as the
initator of the conference and to Queen
Wilhelmina for her hospitality.
Prior to the vote, M. Tsukui, head OF
the Japanese delegation drew cordial
applause because OF his expression of
of the personal initiative
Of Emperor Nicholas in bringing about
the meeting OF the convention.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28

An Anglo Russian treaty has been
eigned.
Rebel Moors hsve At last accepted
Tho French terms Of peace.
The San Francisco city Jail has been
condemned ~ unsafe.
Honey feels confident OF convicting
TREY +. Ford, OF the United Railways,
now On trial.
Standard Oil lawyers say II ID not
the policy Of that company to drive
rivals to the wall.
The Russian government has reAum-
ed Ito policy Of shooting suspected re-
volutionists without trial.
The United States Circuit Court Of
Appeals has decided that the Great
Northern must pay iis fine for giving
rebates.
Pennsylvania and Kansas are assured
OF 2-cent passenger rats by action Of
the executive officials OF the roads In
teresiea.
The Standard Oil announces that as
soon ss present suits are fniehed 1t
will reorRanixe and enlarge Its ccapltal,
also that earnings will be published.
Judge Lochren, OF the United States
court, has issued an injunction which
suspends the Minnesota rate Law pend
Ing final settlement OF the case In the
courts.
Grover Cleveland's illness has be-
come very serious.
A mining plant at JonplIn, Mo-, has
been blown up by dynamite.
The king oil Siam Ia visiting In Ger
many and spending money lavishly.
Chicago. Milwaukee & 81. Paul off,
cials expect to see that road fninshed
10 the coast In 1909.
Mississippi has ordered the Gulf
Compress company to withdraw from
the state ~ 1T Ia trust.
Dewey does not favor dlsposing OF
the Philippines and says there is no
danger OF war with japan.
The Japanese Foreign Office has de-
cided to leave Ambassador Aoki at
Washington for the present.
The Englinsh steamer Iusitania has
started on her return trip to Liverpool
and her officers hope to establish new
record.
The government has several experts
examining the books OF the Standard
Oil company between the years 1882
and 1892.
Helena, Mont, labor unions have
ordered strike on all industries in
town to enforce boycott on the tele.
phone company.
Russia threatens armed Intervention
In Persia.
Prohibitionists aim to make Wash
ington, D. O., dry.
The crown prince OF Japan Is to visit
Cores to investigate affairs there.
China has taken decided step to-
ward parliamentary government.
Many Eastern Democrats are uniting
on Governor johnson, Of Ohio, for pres
ident.
The Standard Oil inquiry at New
Y ork shows Rockefeller's income to be
about 10000, 600 year.
Fanatics at Zion City have been ar
rested for torturing woman to death
In order to drive the devils out OF her
hns1x
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
Japan Excludes Foreigners

London, Sept. ga dispatch to the
Times from Pekin today says that the
la Dor troubles at Vancouver are being
followed with much interest in the Far
East, where an analogous problem has
now arisen between China and japan.
japanese imperial ordinance No. 325.
OF July "a, 1899. vigorously forbids ali
foreigners, whether Europeans, Ameri-
can or Chinese, from working in Japan
as laoorers in agricultural, fishing.
mining, manufacturing and other class
es OF industry outside of the narrow
residential settlements.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
Get After the Panar ru....

New York, Sept. 23.-Members Of
the American Newspaper Publishers
association have appointed a commit
tee and instructed it to call the atten.
ton OF President Roosevelt to what the
association asserts is an unlawful com.
o1nation OF paper manufacturers 70
keep up the price of white paper and
10 demand relief from what they con-
sider an oppressive burden. The ac-
ton is the subject of numerous onin.
ions here from both sides.
The Parma herald. (Parma, Idaho) 1903-1917, 1907-09-28
SMALL FOR ARBITRATION,
Tells Operators President Roosev sli
Can End Strike.

Chicago, Sept. 24.-"I have positive
inside information that the companies
are ready to arbitrate, and predict to
you now that you will All be at work
within ten days, and that victory will
be yours.
This WAS the information given cut
by President q. ]. Small, OF the strik-
ing commercial telegrsphers, at the
best attended meeting held since the
strike was declared. There were loud
cries Of 'sNo arbitration" when Presi-
dent Email began speaking, but those
grew weaker as be said:
II think have heard that cry be-
fore, but want to say something on
the ether side. III President Roosevelt
should ask che companies to arbitrate.
and they consented, what position
would II place you In II you refused7'
III don't know that you will get a
chance to arbltrate. he kaid a. the
cries continued. ''If Colonel Clowry
has his way about 1t you won't be given
the chance. We have had some bitter
experience With arbitration. bet II 1t
comes this time with the stamp OF the
United States government on it I be-
lieve we can afford TO accept II
Although he did not say 30, Presi-
dent Small gave the inference that Pres
ident Roosevelt was In fair way to
end the strike. He said Ii had already
cost the companies $I2 200, 900.
Chairman Wesley Russell said the
cotton growers Of the South are clamor-
ing for better telegraph facilities, and
that many Southern associations had
appealed to President Roosevelt. The
situation, he said, looked decidedly
hopeful.
M. J. Reidy, Of Boston, and s. X.
konenkamp, Of Pittsburg, members Of
the national executive board, said the
strike would be over In two weeks.