Rockefeller testifies on Standard Oil earnings and control
In Chicago Judge Landis hears John D. Rockefeller and Charles M. Pratt describe Standard Oil of New Jersey's capitalization and profits. Rockefeller, slightly cautious, confirms approximate $100 million outstanding stock and 40 percent dividends. Pratt lists 1903 81.3 million, 1904 61.5 million, 1905 57 million net profits and that New Jersey controls Indiana.
MENTIONED IN THIS ARTICLE
Landis
Rockefeller
New Jersey Company
Pratt
Standard Oil Company of
New Jersey
Indiana
Rockefeller Refers to Standard Oil New Jersey Refineries
Testimony shows John D. Rockefeller describes Standard Oil of New Jersey as engaged in production refining and sale of oil with dividends around 40 percent in 1903 1904 and 1905 Raw earnings for 1903 about 81 million 1904 about 61.5 million and 1905 just over 57 million He notes the company’s capital and stock ownership while acknowledging limited knowledge of other refineries and operations.
MENTIONED IN THIS ARTICLE
New Jersey Company
John D. Archbold
William Rockefeller
Standard Oil Company of
New Jersey
Rockefeller
Standard Oil Company
Standard Oil Company of New Jersey
Union Tank Line
Life Insurance A Sacred Trust Leaders Speak On Duty
President Kingsley of New York Life Insurance urges trustees and officers to treat life insurance as a public trust. He stresses public service obligations, high standards of integrity, and daily performance over words, noting his twenty years with the company and the burden of leadership.
MENTIONED IN THIS ARTICLE
Kingsley
New York Life Imsurance Company
Board of Trustees
New York
Met Museum acquires Gibbs-Channing-Avery Washington portrait
The Metropolitan Museum of Art announces the acquisition of Gilbert Stuart’s famed George Washington likeness, the Gibbs-Channing-Avery portrait, a major addition to its American collection in New York.
MENTIONED IN THIS ARTICLE
New York
George Washington
Gilbert Stuart
Gibbs-Channing-Avery
Metropolitan Museum of Art
Seven Die In Tornado Swept La Crosse District
Complete reports from the tornado swept district east of La Crosse show seven persons killed, far below initial counts of twenty six, with damage across the area.
MENTIONED IN THIS ARTICLE
la Crosse
Wis
Fire Threatens Joliet Penitentiary Chair Shop
A Saturday blaze at Joliet State Penitentiary likely started in the chair shop by spontaneous combustion. Guards and inmates contained the fire with no reported injuries.
MENTIONED IN THIS ARTICLE
Joliet
State Penitentiary
Panama Canal Excavations Hit 780957 Yards in June
Chief Engineer Lieutenant Colonel Goethals reports Panama Canal work advanced with 780957 cubic yards excavated during June. The dispatch highlights continued progress in the canal's construction under U.S. administration in Washington.
MENTIONED IN THIS ARTICLE
Washington
Panama Canal
Goethals
B Y P U Selects Officers and Convention Site
The board of managers of the Baptist Young People's union met in Spokane Washington to choose officers and named Cleveland Ohio as the site for the seventeenth annual convention to be held next July.
MENTIONED IN THIS ARTICLE
Spokane
Wash
The
Baptist Young People’s Union
Cleveland, O
Franklin Museum Move Sought in Paris by American Group
Americans in Paris move to purchase the house where Benjamin Franklin lived during his stay and establish it as a museum. The effort seeks to preserve the site as a historical landmark reflecting Franklin's legacy in the city.
MENTIONED IN THIS ARTICLE
Franklin
Paris
Bedamin Franklin
Rehearsal in a Car Sparks Teary Self-Reflection
A professional entertainer recalls in a car ride how he tried to move himself to tears by recalling his wrongs and misdeeds. Tears rolled as he pondered others harmed, inviting a concerned passenger to offer help. He shrugged off assistance, noting he was practicing on himself.
Soap Bubble Metaphor of Life by Amiel
The excerpt likens life to a soap bubble on a reed, shining briefly with colors, escaping gravity, then vanishing as a speck appears. It argues that appearance and disappearance are not life’s full measure, noting similar views from poets.
MENTIONED IN THIS ARTICLE
Henry Frederic Amiel
Grape Nuts praised for ease and nourishment in reader note
A reader extols Grape-Nuts for its convenience and digestibility noting it disappears quickly at home. It claims pre-digestion due to grape-sugar formed during manufacture and suggests serving with cream or hot milk. A separate item reports the State Board of parole visiting reformatories in Springfield and Joliet with broader prison reform interest. No more transfers from Anamosa to Fort Madison are planned for now, dependent on conduct and board discretion.
MENTIONED IN THIS ARTICLE
Postum Co
Battle Creek
Mich
Wellville
Pkys
State Board of Parole
Springfield
Joliet
Indiana
Reformatory
Parole Board
Anamosa
Fort Madison
Busse
Novak
Anamosa Reformatory
Board of Control
Des Moines Letter on Transportation Contracts and Tax Hearings
Iowa Attorney General Byers clarifies that contracts for transportation by common carriers for fixed periods remain allowed under the two cent maximum rule, with open rates offered to all. He explains anti pass law timing, pools and trusts enforcement, and strict action against stock exchange abuses. Railroad tax hearing discusses Roosevelt’s capitalization theory, with disputes over duplications and Union Pacific assessment in Council Bluffs.
MENTIONED IN THIS ARTICLE
Des Moines
H. W. Byers
Iowa
Thirty-second
General Assembly
Department of the State
Executive Council
Cummins
Roosevelt
Indianapolis
James C. Davis
Northwestern
Walter I. Smith
Ninth
Union Pacific Railroad
Council Bluffs
Union Pacific
A. W. Scribner
George S. Wright
Palmer names staff officers for Iowa G A R head office
Col D J Palmer announces his staff for the Iowa G A R head office with J J Kellogg as senior aide and chief of staff and others in roles such as inspector judge advocate mustering officer and patriotic instructor. The Northwestern Railway offers 2 cent per mile fare via Clinton for Des Moines Chicago and Minnesota routes with easy transfer times.
MENTIONED IN THIS ARTICLE
Col
D. J. Palmer
Iowa
Northwesern Railway
Rock Island
Chicago
Des Moines
Clinton
Northwestern
Minnesota
Errors in Des Moines City Railway ruling appealed
An assignment of errors filed in the U S circuit court challenges Judge Smith McPherson’s ruling in the Des Moines City Railway company versus Des Moines case. The city’s solicitors Bremner Clark and Baily contend the March 22 and March 30 1907 decrees were erroneous and unjust.
MENTIONED IN THIS ARTICLE
Smith McPherson
Des Moines City Railway Company
City of
Des Moines
Supreme Court of the United States
United States Circuit Court
W. H. Bremner
Howard J. Clark
W. H. Baily
Judge Carr questions Iowa two cent fare law in interstate rail conflicts
Judge Geo H Carr representing stockholders of the Iowa Central and Minneapolis and St Louis railroads contests the Iowa two cent fare law as unconstitutional. He argues the rate structure within the state interferes with interstate commerce and discriminates against travelers to states outside the state. He says the law improperly limits federal authority over interstate carriers while admitting federal limits over intrastate lines.
MENTIONED IN THIS ARTICLE
Geo. H. Carr
Iowa Central
Minneapolis & St. Louis
Iowa
Smith McPherson
United Staes
Carr
War on Co-operatives Targets Iowa Farmers Elevators
The Iowa Grain Dealers Association at its annual Des Moines convention, via secretary George A. Wells, declared a campaign against farmers cooperative elevators across Iowa.
MENTIONED IN THIS ARTICLE
Iowa Grain Dealers’ Association
Des Moines
George A. Wells
Farmers’ Cooperative Elevators
Iowa
Japan not prepared for war say congressman Hull
J A T Hull chairman of the house military affairs committee notes war between Japan and the United States is extremely remote. He adds that Japan is least prepared among great powers and will not rush into conflict over small causes.
MENTIONED IN THIS ARTICLE
Japan
United States
J. A. T. Hull
House Committee On Military Affairs
Captain Hull
Also Mentioned on This Page
John D. Rockefeller
Standard Oil
K. M. Landis
United States District Court
Charles M. Pratt
Cleveland
Platt
Pittsfield
Mass
Indiana Company
Dodge
Ale
Mr. Pratt
Mr. Rockefeller
Archbold
Brook
Priam
Cassandra
Puck
Standard Oi
Judge Landis
Oil Trust
LIFE INSURANCE A _ SACRED TRUST
Palmer
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