Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-10-09
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suit in the Ohio courts, Its trustees turned
over to the Standard Oil Company of New
jersey, then one CT the subsidiary COM
panies, TO the STANDARD OF New Yor--, and
various other subcompa MES, controlled by
the trustees Of the parent organization,
the total stocks OF sixty-four corporations
controlled by the trust This left in their
hands the stocks Of twenty subsidiaries
only.
The stocks OF three companies the trus-
tees divided into twenty parts equal tn the
number OF trust certificates outstanding.
and on November 90, 1879. and December
81. 1852, i bare ma 1ority of the outstand-
ing certificates. s49,46 go par value out
Of the total issue of s97, coo. were can
celed. A proportionate amount of the
stock of the twenty subsidiaries was at
the same time distributed TO persons sur
rendering their trust certificates.
Those who received the pro rata share
of subsidiary stocks in exchange for their
trust certificates were shown on the books
submitted today to be the liqu:dat.ng
trustees themselves, with some of their
associates. Those who received these
stocks in the subsidiaries upon surrender
Of their trust certificates were: John D.
Rockefeller, William Rockefeller. Henry
M. Flsgler. Benjamin Brew ster John D.
Archbold, Henry H. Rogers. Wesley H.
Tiiford. Charles W. Harkness, Oliver B.
Jennings, Esther Jennings, Waiter Jcn-
ntngs, Helen G. Jennings, Annie 3. Jen-
nlngs, f.mIna B. Auchincloss. estate of
Charles fratt and estate of Oliver II.
Payne.
For the first time the profits and dtvi-
dends OF the Standard -Oil trust, from
its inception, in 1882, to 1891, were made
public. The profits of the Standard Oil
trust, as stated by Mr.. Fay were Us .oI-
lows: In 1882. $12. .3ss 5oT 1888, SLIP
TO: 1884, SITS, ,20o; 1885, $S. 332 935 1886
SIS $50, 7s7: 1887 $l4, ,026 800: 1888, s12, 757,-
12l 1883 $14, 4,s45 2O1; 1880, $13. l31, 40; 1891.
$18,331 1856
The dividends declared by the Standard
Oil trust from 1882 to 1881 were spread
on the record as follows: In 1882, $3,-
$50 .253; 1853 s. 28S. .0SG; 1884, $A2SS S42;
1875. S7,4I9.223 1886, S1,226, 49,; 1887, So
4G3 GGG7: 1855, $40 Isl, ,2I7: 1859 $1,000 $50;
1870, Sl1 .2oo,00e; 1891, sl1,64s.s .s2s.
Steamship Oil Rebates.
NEW YORK, October 9.-The journal
OF Commerce today says that the shipping
trade here is greatly interested and Some
What concerned at the turn taken by the
federal inquiry into the operations of the
Standard Oil Company which may lead
to an investigation by the bureau of cor
Eorations OF the relations of the Steam
ship lines with corporations engaged in
heavy export business.
This is expected to follow the evidence
given by Philip Harrison. manager of the
New York Lubricat:ng OH Company. Mr..
Harrison charged that five steamship lines
mao made Determinations IN rates In FAVOR
Of the Standard Oh Company until his
ftril was forced to pay more than twice
rs much as the trust for the transporta-
ito, of oil. BY reason OF this his company
was practically forced from the South
American territory.