davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Market Very Irregular.
THE COTTON MARKETS.

NEW YORK. January 31.-The cotton
market opened steady at a decline Of
AS points, and during the early session
sold about S to Q points net lower under
scattered liquidation and local bear pres
sure in the absence of important support.
Gables were about as due. and southern
news showed no fresh feature. but local
sentiment was pessimistic as to trade
conditions, and while there was slight
rally during the middle OF the morning,
the undertone showed LITTLE improvement.
Futures opened steady. January. l10oa
1I-,I. February. Hoo bid; March, 11-iS;
May. 1,.os: June. n .03 bid; July. 1890;
August. 106S bid; October, 1912.
The market did not become much more
active, but was fIrmer late in the fore
noon on scattered covering and a little
buying through commission houses. Prices
ar midday were about net unchanged TO
> points higher on the active months.
Spot. quiet: midding uplands. HIS:
midd'ing gulf. i3m.
Estimated receipts at the ports today,
65.Oo bales. against $500 last week and
bales against 2G3. 019 last week and 3Ns, 023
last year Today's receipts at New Or
leans. 1a.s3a bales against 3.111 last year,
ard at Houston. s.262 bales. against I2.24l
last year.
Cotton-Spot closed quiet, 10 point low
err; middlins upla nds. 1856; middling gulf,
11.30. Sales. 100 bales.
Liverpool Cotton Prices.
LIVERPOOL, January 3l.-@losing: Cot
ton, spot. quiet prices points lower;
American middling. fair. 1.Ol; good mid
ding, 6.f5: niddiIng, SO; low middlins.
sos: good ordinary. 5.S3; ordinary, ai3
The sales OF the day were 5000 bales, OF
which 200 were for speculation and ex-
port and included 7.aOO American Re-
.vcirts. 1000 bales. all American. Fu-
lures opened quiet and steady ard closed
barely steady; American middiing goc
February. 5.ss. February and Marclls
3f: March and April. 5.SAla: April and
May. 5sI: May and June. 5.S3i1: June and
July. 5S3h: July and August, 5.1sh: Au-
gust and September. 5.67h: September
and October. ara; October and November
) -: November and DE cenioer. J43I.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
DAVIS ON FINANCES.
Senator From Arkansas Speaks I,
Local Bank Clerks.

Senator JEFF Davis Of Arkansas de-
livcred short address last evening
before the members Of Washington Chap
ter OF the American Institute OF Bank
ing in Guds's Hall. his topic being THE
Present Financial Condition OF the
Country"
After expressing trepidation in address
Ing a strange audience in Washington
and one composed OF bankers, he said
he had been called an anarchist and
accused of heing an enemy OF wealth.
and been roundly trounced by the news
papers for daring to say some things
that were uppernost in his mind and
heart; but" he added. .'I'il continue to
sa: them. am not an enemy OF wealth,
bu, I am an enemy OF wealth that Is
wrongfully obtained. What most der
sire this evening however. is to direct
your careful attention to the anomalous
situation in which we find ourselves.
In the midst of peace and plenty. when,
In my section, the barns arc bursting
with their fullnesA the crops arc plentiful
work and prosperity Is Snliing al us on
every side. we are halted with cali
t. issue Ave hundred millions Q. dollars
OF Commercial money to save Us from
ask I'll give the answar-Eo. Mas the
D.. mic from which we ara just emerging
| nee. ssary: Again I'll answer-.So, Il
! was q panic mace to order on less than
| Eve acres Of ground IN Wall street. and
for What purpose" Why, simply TO torcc
| the government to put It's money into
| tn. hands Of the national banks. That $
| all. The men in Wsll street aYs reHponsi-
| bic for it.
| The speaker urged his hearers TO a.udy
tn, history OF the country: 10 urge others
| 20 do 1t: for he said. the man who
knows his country's history and Is able
| 10 meet ths conditions that confront us
today will go down into history as a
| patriot indeed"
F.. w Fitzpatrick. an architect of this
| Gig who has made the subject Of postal
savings banks a study. read paper upon
| that topic.
| \ brief business meeting preceded the
ad6rssses and at the eie.e refreshments
var. served w. Nick. Stowell. presi-
dent OF the chapter. presided q the meet
| ing and introduced both speakers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Funeral Of Mrs. Annie Cox Lafner

Funeral Of Mrs. Annie Cox Lafner.
Funeral services over the remains of
Mrs. Annie Cox Larner. widow of Charles
N, Larner.s who died yesterday at her
home in thee Cumberland, were held at
$50 o'clock this afternoon. The services
were conducted by Rev. DR.. Radcliffe.
pastor Of the New York Avenue Presby-
terrain Church, Of which the deceased was
member. The interment was in Glen
wood cemetery.
Mrs. Larner had resided in this city for
about tweHty-four years. She was born
in Long Island. and her husband died in
1895. One son, Noble ID. I.arner survives
her
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
FINANCIAL.
ANNUAL. REPORT OF THE

ANNUAL. REPORT OF THE
f. +. DROOP 4 SONS COMPANY.
The authorized capital Of the said company
10 $1dOO00 all OF which has been paid in
and there no existing debts.
EDWARD II. DRoOP
Secy.-Treas.. +. f. Droop 4 Hons Company,
], EDWARD H. DROOP. secretary OF the y,
r. Drop 4 Snns Company. do hereby make GA
that the foregoing statement is true.
Subscribed aud sworn to before me this Sist
day Of January. 1908. II. v. THOMPSON.
Notary Public, u. C.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Death Of Lieut.. Weber.

Word has heen received here of the
death at Imperial. Cal. OF Lieut.. julius
H. Weber. L. 8. A.. which occurred yes
tcrday, Lieut.. Weber was stationed in
Washington while he was sergeant Of
the Signal Corps. back In thee seventies.
when the weather bureau and The Signal
Corps were combined. His promotion to
be a signal second lieutenant came about
1850, il is said. The interment will be at
San Diego, Cal.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Closing Quotations.

Closing Quotations.
At the close of the stock market the fol-
owing stocks had changed in price since
aooVe quotations. there being no change
"a balance Of the closing prices:
-Amaigamated Copper, 81.
American Locomotive. ST1s.
American Smelling. 67a.
American Sugar, lin.
Anaconda, a3k
Atchison. Top. and S. Fe.. 7.l..
Baltimore and Ohio, a.
Brooklyn Rapid Transit. 4Gs:.
&. G. c. and St. L.. SIX.
Chicago. MIL and st. Paul, ISL.
Chicago and n. W.. TO.
Colorado Fuel and Iron. 1917
Corn Products. pfd. 6sN.
Great Northern. pfd.. l21H.
Kansas City Southern, 22ss.
Mexican Central. 49,.
missouri. Kansas and Texas. Dfd. 55il
New York Central o.
Northern Pacific. i25.,.
Pacific Mail Steamship, 2Tk
Pennsylvania Railroad. ll2:a.
Peoples Gas Of Chicago. IS.
Reading. 100.
Rock Island pfd., 81
Southern Pacific. 74ia.
Union Pacific i227:.
L. s. Steel. 2ST.
U. S. Steel. pfd.. e:7s.
Wabash. o.
Wabash, pfd.. f5s..
BONDS.
Amin Tob. SIS. lOsh.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
MORSE LINES IN TROUBLE
RECEIVER ASKED FOR THE BIG
SHIPPING COMBINE.
Proceedings Begun in Three Cities.
Outstanding indebtedness
Of Over $4,000, 900.

BOSTON. January 31.-The proceedings
In this city for a receiverslip for the Con-
solidated Steamship Company were insti-
tuted simultaneously with those in the
courts at Portland Me. and New York
yesterday. The action was brought by
William \. Muller OF Arlington, Mass.
whose counsel filed three bills Of COM
plant against the Consolidated and also
against two subsidiary companfes-the
Eastern and Metropolitan Steamship COM
panies.
Petitions FOR an injunction against these
companies were also filed by counsel for
Mr.. Muller and for the Berwind- White
Coal Company. In his bill of complaint
Mr.. Muller declares 1t is his belief that
the Eastern Steamship Company has
total floating indebtedness of S1.3JO. 90
and that the Metropolitan Company has a
floating indebtedness of 81 900. with
unpaid bills OF $4,000 and interest on
outstanding bonds of 81. 10000.
The lmme date cause of the petition was
the failure of the Eastern Steamship Com
pany to pay demand note to Mr.. Muller
OF SlnHO. II Is expected that as soon IS
the United States court in New York acts
upon the petition fiyed there similar pro-
ceedinss will result in the courts here and
in Portland.
The Six Lines Interested.
The difficulties of the Consolida ted
Steamship Company are regarded by
bankers in this city as the result OF ex-
cessive steamship building and failure on
the part OF the company to provide
sinking fund for the underlying bonds OF
the six companies that were consolida ted
by Charles w. Morse OF Bath. Me. II
was Mr.. Morse's ambition to control a
large steamship company engaged in the
coastwise trade. Two years ago he con-
solidated all the steamship lines running
between Boston and Maine ports. under
Abe head of the Eastern Steamship Com
pany. He then went further and OBJ
ship Company with line OF boats be-
tween this city and New York. and later
secured -four lines running south from
New York-the New York and Cuba mail
route. known as the Ward line: the, Clyde
Steamship Company. the Mallory Steam
ship Company and the New York and
Porto Rico Stea niship Company.
The Consolidated Steamship Lines Com
pany. Maine corporation, was then
formed as holding company for these
six lines with an authorized bond issue
of s6D.ndD.0UO at per cent, and So 1000
in stock. The total amount OF bonds of
the six companies was SCI .969, 900 at ) per
cent and stock S6a.0o0Of@. Later add
tional bonds were issued by the various
companies. which brought the amount
TO VA 624, 600. A greater proportion OF
these bonds are held by private individ
uals, but the stock OF all is owned by the
Consolidated Steamship Company.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Government Receipts.

National bank notes received today for
redemption, 81 923 .974. Government re-
ceipts: From internal revenue. &sOs, 9S5
customs. TS6. 1872: miscellaneous, $751; A..
Expenditures. $19l2UOO
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
THE LONDON MARKEr.

LONDON. January 3l.-American Sc
curiues opened steady today. with prioel
ranging from q below to Z above yes.
te1day's New York closing. Trading was
quiet.
The market was listless throughout tho
session ard closed quiet and steady.
London Closing stocks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Washington Stock Exchange.

Sa!es.-Regular call. l: O'Clock noon-washi1s-
ton Rwy. sDd Elec As. 81 900 ut rs 81 COO st Is.
Capital Traction, 20 1T 40. - at 40. at
re. 10 at 120 ; 1t 40. 10 at IN. 10 at 10.
- ut 10. 10 at TO, at 10. At 10, %
Et 1876, 10 at ll9f4.
Washington Rwy. and Flee. pfd. 80 at 66ia.
After call-Capttal Traction, ) at 40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31

Mistakins his father-in-law, William
Conner. for burglar. A. G. Burr Of Dali
las, Tex. shot and instantly killed him
early yesterday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
The World of
Finance and Trade
NEW YORK STOCK MARKET.

Furnished by w B. Hibbs & CO.. bank
e-s and brokers. 1419 F street. members
New York Stock Exchange. Washington
Stock Exchange and Chicago Board Of
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
The Usual Custom.

Mr. SCHNEIDER said that 1t was custom
for secretaries or chairmen Of traff1c as
sociations to be furnished with copies of
tariff rates given by the railroads consti-
tuting the association.
rs It not a fact inquired Mr.. Rosen-
thai. that these copies Of tariff. which
show on their face the rate, are supplied
to the of1cials Of the freight associations
in an effort to discipline the road depart
ing from the agreed upon rate?''
.It is an effort. replied Mr.. SCHNEIDER
made to bring the road which departs
from the rate line back into the fold, so
to speak,
In response to an inquiry by Mr.. Rosen-
thai Mr.. SCHNEIDER said he had examined
about 1000 way bills Of the Chicago. Bur
lington and Quincy line from Chicago tc
East st. Louis as to the shipments of oil
Every one of Them" suggested Mr..
Rosenthal showed the rate to be u cents
per 100 pounds?"
They did," replied Mr.. SCHNEIDER.
Mr.. SCHNEIDER said, in response to other
inquiries. that he had made no examine
ton of the other statements Of the Chi
cago. Burlington and Quincy as to oil
shipments. and said that he did not know
about the billings Of oil to the Standard
OIL Company by that line.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31

Amalgam. Copper.
Am. Car & Foundry
Am. Car. & F.. pfd.
Am. Ice Securities.
Am. Locomotive.
Am. Loco, pfd.
American Smelling.
Am. Smelling. pfd..
American Sugar.
Am. Tobacco. pfd.
Anaconda .........
Atch.. Top. Z 8. r.
A.. T. & 8. F.. pfd.
Atlantic Coast Line
Baltimore & Ohio.
Batcpilas Mining.
Brooklyn r. T.
Canadian Pacific. :,
c., c., c. & st. La.
Central Leather.
Cent. Leather, pfd.
Chesa. & Ohio. .
Chicago Great West
Chi, Nil. & st. Paul
9. & y. w.
Col. Fuel & Iron. &.
Colorado Sout bern.
Consolidated Gas.
Corn Products.
Corn Products. pfd
Delaware &IIudson
D.. l.. & W..
Den. j. Rio G.. Ry.,
Otsttllers' Securities
Eis, common. ;. :.
Erie. LIST ped......I..
Erie. I'd pfd.
General Electric. :.
Great No. Ore Cts.
Great North. pfd. T..
Greene Canapea.
illinois Central.
fnterboro Met. 80.
tnterhoro Met. pfd
International Pape !,
Kan. City Southern
Kan. City So. pfd. J.
Louis. e. Nashville.
Mackay, com. -.
Mackay. pfd.
Man. Elevated.
Mexican Central.
NJ. Kan & T., com .
Mo. Kan. 4 T.. pfd
NJ. 8. p. & 8. 8. NJ.
Missouri Pacific.
National Lead. -.
n. Y. Air Brake.
New York Central.
NY. Ont. 4 West.
Nor ok q Western
Northern Pacific.
Pacific Mail Steam,
Pennsylvania r. r,
PeO. Gas or Chicago
Pressed Steel Car.
Rally Steel Springs
Reading
Rep. Steel & Iron.
Rep 8. & l., pfd. .
Rock Island. com. .
Rock Island. pfd. .
Sloss-Shemeld Steel
st. LIZ s. F.. I'd pr.
St. l.. 8. W.. pfd. .
Southern Pacific.
South. Pacific. pfd..
Southern Railway.
South. Railway, pfd
Tenn, Coal & Iron.
Tenn. Copper.
Texas Pacific.
Toledo. ST. L. & ".
T., st. L. 4 W., pfd
Union Pacific.
u. q. Rubber.
Y. s. Rubber. pfd. !.
United States Steel.
y. S, Steel. pfd. -.
Va Car. Chem. &C,
Wabash ..........
Wabash. pfd...,....
Western Union...
Wisconsin Central.
Wis: Central. pfd. /.
Wooden Goods.
Be
Amer. Tobacco Is.
Amer. Tobacco e..
Consolidated Fob. q
Rock Island d..
". g Steal Hs
Wa oh n>h
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31

Bsr silver. quiet. 25tad per ounce.
Money, Jha4 per cent.
The rate Of discount 10 the open market for
short bills 10 ShtaSA per cent.
The rate Of discount In the open market for
three month bills Is a4sB& per. cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
CURB QUOTATIONS..

Furnished nv r. r. Hutton 4 Co. fG B. Chin
man. uaspaeerl. members New York Stock Ex-
change 1891 st. NV.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
BULLS AND BEARS
Special Dispatch to TIE Star.

SneciaI Dispatch to The Star.
NEW YORK. January Silt was the
belief OF some stock market interests TINS
morning that few. II any. o. tie recon-
mendat.cns that 1t Is expected VIII oe
made BY President Roosevelt In his ape
cial message to Congress today viii be
adopted by that body. Consequently, 1t
Is argued ti,at what the chief executive
has to say win not have lasting Influence
In any direction. It is thought. however.
that whatever influence may be e1erted
By the document will be most potent with
respect to labor.
In some circles considerable pessimism
has developed in recent days and pre-
dictfons are made of drop in prices that
will carry the leading securities nearly
down to the low levels established during
the panic Of last autumn. The more
important interests. however do not look
say that there is nothing in the situa-
tion at the moment to warrant materially
higher prices. They think that the mar
ket Will continue to drag for q. little time,
with the tendency toward somewhat low
err quotations.
Wen-informed business men say that
they do, not see any material change In
the iron and steel situation. Represent
atfves OF large corporate interests were
given to understand last night that at
the conference OF steel men in this city
Yesterday 1t was decided to confirm the
prices hitherto prevailing. at. least on
all the leading products. While there IS
some difference of opinion on this subject,
1t is thought that this reported action will
prove beneficial to the trade ultimately.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Invest Your Idle Funds
ait SO

In First Mortgages on D. C. Real Estste.
The Safest and stesdiest Of all ,srestments
Not affected By ''panics' or stock market auctu
atoms; not dependent upon individual or cor.
porate financial stability. snd not taxable ar per
sonal property. "Gilt-edge" mortgages os $ib. 600
$4,000. $500 and other amounts q. d Der cent
immediately available.
J. v. n. 4 7. b. HUYcK. 1905 IA. AVE. NV
tEstsblished 1851
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Liverpool Grain Prices.

LIVERPOOL, January 81. = Closing:
Whsat-Spot. easy: No. red western
winter. rs I'D; futures. easy; March. e
It'd; May. rs md; July. Is 5ssd Corn
Spot easy: prime mixed American naw
IS I'd: prime mixed American old. 5s sc;
futures. quit; January. nominal: March,
5s 2kd Flour-Wi1ter patents. dull, 3Os
Hops In London Pacific coasD steady,
c9!a:s.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
THE GRAIN MARKETS.

CHICAGO. January ai.-Record-break
Ing shipments from Argentina caused a
sharp break in wheat at the opening OF
the market today. The exports from Ar
sentina last week were given as 9.O4o, 900
bushels-d0O.0 900 more than had been ex-
pected. May opened ,sass to lal,s lower,
at 0Tla to -. and sold at 9Tis.
The break in wheat and lower ables
depressed the corn market May, 59Z.
Oats weak: May. S1h.
Provisions opened firm. but weakened
May pork. l2oTis; lard. 7.s2!s; ribs, Q. Iba
6.77A.
CHICAGO. January 3i.-May wheat de-
elined during the session to a5A, which
vas ~ below the high point of the day
A rally took place in the last half hour
The close was weak with May cxa.h
lower at 49,.
The corn market dropped along with
wheat. May selling at 5S34. The close was
weak with Nav Ia lower at 5Sa4
Close: Wheat-May. aSA: July. 92a;
September. aO&. corn-May. 5sa.; July,
sra: September 51ha51A. Oats-May..
old. 5iM: May. 49x: July. old. 44h !;
July. 4sN: september. ssH Pork-Jann,
airy. ll.72H; May. f:22,s: July. 1850
Lard--Janusry. 7-45: May. 765; July, 7.sD
Ribs-January. 6..5: May. ass to 6n.,s;
July, 671n. Rye-Cash Snasl. Barley
Cash. 77a9o. Timothy and clover nothing
doing
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
Reduction on Oil Shipments.

Mr. SCHNEIDER testified also that the re-
duction on oil shipments, as shown by his
tables. from western Pennsylvania and
Ohio points to southern points. was gen
orally from cents per 100 pounds to u
cents per 100 pounds, an average or ABOUT
10 or II cents per 100 pounds.
He stated also that from Burlington
Vt to large number OF distributing
points in Vermont the second-class rate
on oil was in effect varying from II cents
to 81 cents per 100 pounds. and that the
Standard was granted an unpunlished
secret rate varying from cents TO Is
cents per 100 pounds. This oil was Diiied
as prepaid. but the freight was settled
for on the basis of the unpublished rate.
Mr. SCHNEIDER also testified as 10 the
rates given by the railroads TO large
number OF points in the states OF limos
Indiana. Ohio and Michigan from WHIT
ing, Indiana. and as to the rates 10 these
same points from Pittsburg. cleveland
from Whiting being lower than from the
independent shipping points in. Ohio anu
Pennsylvania.
After developing this testimony Frank
p. kellogg, the government counsel. con
cluded his direct examination OF MI
SCHNEIDER. and Mr.. Rosenthal. counsel TOR
the Standard began his crosS-examina-
ton of the Witness.
Mr.. SCHNEIDER was asked whether. IN
his experience as q railroad freight man,
he had known a longer railroad route be-
tween two given points charging the same
or lower rate on a commodity than It's
shorter competitor He replied that he
had known Of such instances.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31

Open. Hi8h. Low. 80.
5Ok 52A 51h Sis
80 3Oh 80 30A
$500. ....-. 1855. $500.
It's 1Ils 11is In
37& IS 31& -
Wh 81 90, 00s
67N 6Sil 61Ia 61ss
91ha 91Lz 91la 9lia
ia III 113s4 l13s4
$500. ...... ...... $500.
33,s 331z 33is 3S1a
~ 72i4 Nv ~
S7h S7ls SIls S5ia
81 81 So. S33s4
$500. $500. 1880. $685..
465s a 46 46
15lN 1874 15ia 1913.
SIN 51is 51's 51l5
...... .....- $500. ...s..
9!a .9n4 s'ls .s4
S : AZ )
1885 1853. 1l.S 113Ss
~ 2O,4 ~ 10
isis .1,4 25is 5'4
...... ...... $3.50. $3.50.
~ 81 III IA
152 152 los 152
=.
aS 1ss POS 0s
$3.50. -.
1874 l5i4 lo'l 1914
-..... ...... 1895. .
10 10 l20 100
ss..ss
121i4 l.1x III 12iM
. .
on, or, % a..
81 .ootL o01L 60,
'4 -@n 80
800,
''''
IA ~ - 70
''.'' '''' $500 '''''
ia,I ioii is1: ' iS7
oaiI a.. ao,i az
A2A d97s dol 42a
en- -, s,,. q.
or o7z S OF on
32s. 3sn o cos 20 soN :
- - 80
IA IA ,1a aH ,1o,4 ,1o ,
"7s A's LIS
1850
ion. 1;,as: inoi: 1 1nos:
Ie7 1s. y 1sIl i ~
ISL. Sal GSfk RSiL
I.s: Ia:I 1eN IeN
On 11E ns1t ~
-
:31iI 3oL 2ciL 2o1L
IL 54i az rs
Evening star. [volume] (Washington, D.C.) 1854-1972, 1908-01-31
AGAINST STANDARD OIL co.
RAPID PROGRESS IN TAKING
TESTIMONY.
Mr.. SCHNEIDER, Special Agent of Blu
reau of Corporations. Tells Of Re-
auctions on Oil Shipments.

Rapid progress was made today in the
taking Of testimony in tho suit of the
government against the Standard Oil
Company for the aunulment OF the COM
pany's corporate existence.
T. c. NJ SCHNEIDER. the special agent of
the bureau of corporations. who assisted
in the conduct of the governments in
ves;igation into the petroleum industry.
continued his testimony concerning the
rates on oil given by various railroads
TO the Standard and TO independent oil
shippers.
He testified that prior TO June. 1905. the
railroads which reach New England points
from western PENNSYLVANIA and Ohio
independent shipping pcints-refuscd to
pro-rate on oil. that is. make Joint
through rates on oil. and insisted on
charging for oil shipments the sum OF the
local rates Illustrating this statement.
he presented tables showing that the rate
from Toledo to Vermont points was ~
cents per 100 pounds. while the rate 10
Eoston from Toledo was only "a cents
per 100 pounds.
lie testified that after the investigation
conducted by the bureau OF corporations
all of these roads prorated on oil into the
New England territory. making substan-
TALLY the Boston rate. In the case OF
Vermont points this was a reduction or
an average Of 81 cents per 1cO pounds
on oil shipments.