Evening star., 1936-08-05
|SERVE WARRANTS
| 0NO|L COMPANIES
23 Firms and 81 Other Or.
qanizations and Indi.
viduaIs Indicted.
ey the Associated Press.

By TIE Associated Press.
In q broad attack aimed at allegedly
illegal practices In the Oil industry, the
Government today began serving war
rants on 23 Of the country's major
oil companies ana 81 other firms and
individuals accused of fixing prices
In violation Of the Sherman antitrust
law.
The indictments were returned yes
terday In Madison, Wis.
Among the warrants issued were
nine for the arrest OF prominent Chi
cagoans, including Edward @. Schubert,
president Of the STANDARD OH Co
INDIANA; Henry M. Dawes, presi-
dent Of the Pure Oil Co.; Keith Fan
slier, petroleum editor OF the Chicago
Journal Of Commerce, and Bryan 9.
Reid. Chicago executive of Socony-
Vacuum OIL Co.
To Ask $1,000 Bonds.
Federal prosecutors in CHICAGO.
WORKING with Madison authorities, who
directed the investigation resulting In
formal charges OF conspiracy to ma
nipulate the price Of gasoline to 10.
dependent jobbers in 10 Midwest
States, said bonds OF $4,000 each
would be demanded.
United States District ATTORNEY John
J. Boyle announced that plans for the
trial Of the total of "a defendants in
this phase of the investigation would
await completion of the full INQUIRY
by the Federal grand jury, now In
recess until August 10. He did not
say what other avenues would be fol.
lowed when the jurors resume duty.
The indictment was based on the
jury's finding that the major oil COM
panies operated pools in Texas, Okla
home and Midcontinent fields &c
purchase gasoline from independent
reflneries at artificial prices, which
were maintained as open market QUO
tations.
1t charged price-raising and price
fixing was achieved by selling gasoline
to independent jobbers on long term
supply contracts at a cost determined
by prices published in the trade Jour-
mails, which were the prices allegedly
fixed in the buying pools.
Complaints Filed Here.
Independent jobbers claimed these
prices were too high to allow a mar
gin of profit that would enable them
10 compete and complaint was made
to Washington authorities some
months ago by their organization
the National Oil Marketers' Associa-
ton.
The list OF defendants included
Standard Oil Co. Undiana). Chicago;
Secony-Vacuum Oil Co., Inc, New
York; Cities Service Co., New York
Continental Oil Co. Ponca City, Okla.
Gulf Oil Corp, Pittsburgh: the Pure
Oil Co, Chicago: Shell Petroleum
Corp, st. Louis; Sinclair Refining Co.
New York; the Texas Co., New York;
Tidewater Oil Co., New York; Mid.
Continent Petroleum Corp, Tulsa
Okla; Phillips Petroleum Co, Bartles.
vile. Okla: Skelly Oil Co., Tulsa, Okla.
Barnsdall Refining Corp, Tulsa, Okla.
the Globe Oil & Refining Co., Black.
WELL Okla; the Globe Oil d Refining
Co.. Lemont, Ill: the Glove Oil q
Refining Co, Mcpherson, Kans.; Deer
Rock Oil Corp, Tulsa, Okla; Cite.
Service Export Oil Co.. New York; EN-.
pire Oil & Refining Co., Bartlesville
Okla; Louisiana Oil Refining Corp.
Shreveport, La: Gulf Refining Co.
Pittsburgh, Pa; Wadhams Oil Co.
Milwaukee; the Journal Of Commerce
Publishing Co., Chicago; w. c. Platt
Co., Cleveland, publishing Platt's Oil.
gram, and the National Petroleum
Publishing Co. Cleveland. publishing
National Petroleum News.