New-York tribune., 1907-09-21
OIL TRUST HAS GRIP
ON EXPORT TRADE.
FIXES PRICE FOR BUYING
FROM COMPETITORS.
"They Got Caught" sSays THford
of Rate Fight-List of Holders
of STANDARD Stock.

The practical monopoly which the Standard OIL
Company. through two of it's subsidiary
porations. the Standard Oil Company of New
York and the Tide Water Oil Company exer-
cises in the export oil business was one OF the
interesting disclosures made Yesterday in the
examination of Wesley H TiIford. treasurer Of
the corporation, in the governments suit TO dis
solve the trust Mr.. Tilford was also equipped
with some figures as to the ownership Of stock
in Standard Oil. which Frank B. Kellogg. the
governments chief counsel. wanted in his efforts
to prove that there has been practically no
change for twenty-five years in the control OF
the stock in the sixty more companies whicfr'
went to make up the original trust in 1852
Mr. Tilford the only witness examined 1t
yesterdays sessions Moritz Rosenthal. OF Chi
cago, who represented the Standard Oil Com
pany of Indiana in the recent suit conducted by
the government in that city. and who with John
G. MiIburn, Of this city. has been in charge OF
the present case, was again absent yesterday,
owing to illness
The greater part Of the morning session was
devoted by Mr. Kellogg to attempt to au-
thenticate through Mr.. Tilford. the present
holdings Of the more important stockholders in
Standard Oil OF New Jersey It Is Mr. Kel-
Iogg's object TO establish as indubitably as pos
sble the fact that those who combined 10 form
the original trust in 1882 their heirs Or
estates are still in control OF Standard OIL or IN
other words TO prove that the New Jersey trust.
which was formed in January. 1899 is really ths
same old trust that came into existence seven
teen years before.
John D. Rockefeller, who is credited with
24I,692 of the 972, 49, shares of Standard Oil
stock outstanding. is Of course the head OF the
oil oigarchy. As originally designed. there
should be an even 912.5OO shares OF the stock.
representing an equal number OF the old 1iquidat-
ing trust certificates but for some reason, which
was not brought out at yesterdays hearing.
eight of these certificates have never been ex-
changed for the shares Of the present trust
JOHN D.. JR. HAS ONLY 120 SHARES.
Among the other members OF the Rockefel1er
family who have interests in Standard OIL are
John d. jr-. with a lot OF 120 shares. and his
wife. Abbie AIdrich Rockefeller. daughter II
Senator AIdrfch. of Rhode Island. who has 81
shares in her name The fayorite college cf
the Oil Trusts president. the University OF Chi
cago holds 5000 shares. which means safe in
vestnent of more than 100000 and profit
able one, If the government should fail TO make
any impression its earning power
The list of the holdings which was handed 70
Mr. Tilford for identification was dated August.
1897 John - Archbold was the second prOnli-
nent Standard Oil man whose stock ownership
Mr. Kellogg wanted to know about Mr. Arch
hold holds 5000 shares OF the Stock ana MS son.
John F ArchboId 100 shares Henry NJ Flag
Ter who was secretary of the hquidattng trus-
tees. owns al present 3OJO0 shares Of Standard
Oil Oliver II. Payne. who is a brOther-1n-laW
of the late William C. Whitney. but who. accord
ing 10 Mr. Tilford takes little active part in the
1anageu1ent of the trusts affairs at present.
has 10000 shares The estate Of Charles Pratt,
a mariner OF II. II. Rogers in the Pratt OIL re-
fneries in Brooklyn and Long Island City be-
fore the formation of the trust who was q
signer of the original trust agreement IS credited
with a block of J2.5S2 shares. Mr.. Pratts son.
Charles NJ Pratt. the present secretary or the
Oil Trust owns 5000 shares William Rookie
Teller has IL. 900 shares, and H H Rogers To-
O20 shares.
Although John D. Rockefeller has disposed OF
O 162 shares since the formation OF the present
trust in 1899 he still owns more than one quar-
ter of the capitalization II he could dispose
of his holding in a bunch at the present market
rate for the stock he would be able TO realize
more than S1OOOO0OOO his investment
Here are some OF the other chief participants
in the big profits of the corporation and their
respective holdings.