The evening world. [volume] (New York, N.Y.) 1887-1931, 1908-11-24

States, but at this moment l do not re-
call any railroad company in which /
am director
This was the exact phrasins % the
answer delivered Win extreme deliber-
alton and emphasis
can YOU name the roads OF which YOU
have been bondholder in the last ten
years ~ MI. Ncilo-S finally asked
bonds. as an investor. As to s,ocis.
have not been large buyer
AZ the present time should say
j am interested in tbs stocks Of Six, or
eight. or ten. | also carry some stocks"
Would you state Their nanes?"
s2Hd in p5 ss n mot 10 fe my sca g
snme that at; these cour,Iy Stock Ex
hear this neMs and ~ 2 he glad bs5
lute!y necessary ! would prefer not to
state the names and amounts OF rail-
road securities which ! ,Ioid l think
reason not to publish abroad the rec
ords OF his holdings. There g only one
railroad l think in which | hay been
continuous stakeholder for long term
Of years"
To Furnish Private List.
II being agreed that Mr., Rockefeller
should furnish MIR Kellogg with phi
vate list Of his railway holdings, the
Investigator ssGed II he knew why 80
many standard oil directors wore prom
inent in raj roads MIR Rockefeller said
he assumed that the directors of stand
ara oil Nigh; prefer railroads TO other
forms OF Investments.
Dir. Kellogg said he had heard that
the Standard OH had loaned as much as
500 900 at one time on railway secur-
tiles in the street.
Il don't think such a large sum was
ever loaned at one time said MIR, Rock
efeller. AS a stakeholder | should GER
tainly protest against suc-l very large
loan and be asking for my dividends.
"a
was the largest loan ever made by
Standard Oil, and | think the sums are
more apt to be 100000 or $40 900 COO"
Doesn't the standard do a general
! banking business and carry, at all
times, a very large sum of money!"
Il do not think we carry as large a
/ sum of money as has been represented.
Within the last year or TWO have my
self inquired into this matter
Mr.: Kellogg suddenly changed his
mind and jumped back to Mr. Rockefel-
ler's railroad holdings, Repeating his
previous protest, and after vigorous OBJ
jections by his lawyers, Mr.. Rockefel-
Ter said:
Il have at the present time, as 1 re-
call, some Of the shares of the D, l.. &
w, the New York Central, the Pennsyl-
vania, the Western & Delaware. the
Missouri Pacific and some railroad in
Mexico. the title Of which / do not now
recall"
In reply to questions he said he did
not hold any stock In the New Haven,
Union pdClUc OF sNOufltIl ldClHS
The witness then expressed a belief
that his lawyer, Mr. Nnburn, might be
able 10 refresh his memory, and asked
him to do so.
Prompted by counsel. he remembered
owning some Texas pacihs shares, some
Erie first preferred and "a few shares
OF Colorado southern, adding, by way of
explanation, not more than 100 shares,
| should say
After repeatedly sounding tie witness .
memory for any more roads and failing
Mr.. Kellogg said:
That has to do with shares. Now.
then, how about bonds D."
Il have been frequent investor in
bonds Of various railroads. IN the last
ten years" said M Rockefeller,
Haven't you been a buyer Of bonds
Of all the principal lines of The United
States?"
Has Avoided Some Roads.
~ would not go go far as to say that"
said MI Rockefeller. Il am very CRATE
full and thankful to say that there are
some roads IN which | have never IN
vested a all.
Here an adjournment was taken for
lunch, Mr., Kellogg said he would have
only q few more questions for ROCke-
Teller and that, according 70 his un-
Outstanding, Archbold, the present pres
ident of the Standard OIL Company,
would be the next witness for the de-
Tense.