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Topic: Standard Oil Trust


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  Standard Oil - Wikipedia, the free encyclopedia
Ohio successfully sued Standard Oil, compelling the dissolution of the trust in 1892.
Standard Oil, being formed well before the discovery of the Spindletop oil field and a demand for oil other than for heat and light, was well placed to control the growth of the oil business.
Oil could not leave the oil field unless Standard Oil agreed to move it: the "posted price" for oil was the price that Standard Oil agents printed on flyers that were nailed to posts in oil producing areas, and producers were in a take-it-or-leave-it position.
en.wikipedia.org /wiki/Standard_Oil   (2987 words)

  
 Standard Oil
Standard Oil was an oil refining company founded by John D. Rockefeller and his partners on 1863.
Standard Oil, formed well before the discovery of Spindletop and a demand for oil other than for heat and light, was well placed to control the growth of the oil business.
The "Standard Oil" man was constantly reminded in a thousand and one ways that punishment for disloyalty is sure and terrible, and that in no corner of the earth can he escape it, nor can any power on earth protect him from it.
www.ebroadcast.com.au /lookup/encyclopedia/st/Standard_Oil.html   (1154 words)

  
 Wal Mart mirrors Standard Oil | TPMCafe
The effects of Standard Oil on the U.S., as well as on much of the rest of the world, were immense, and the lessons that can be learned from this amazing story are possibly as relevant today as they were a century ago.
Trusts were established in close to 200 industries, although most never came close to Standard Oil in size or profitability.
As an example of the difficulties which the government faced, Standard Oil executives and their friends were extremely uncooperative at judicial inquiries (such as the Hepburn Committee, which investigated railroad rate discrimination and whose 1880 final report helped bring about the adoption of the federal Interstate Commerce Act in 1887).
www.tpmcafe.com /node/26973   (1104 words)

  
 Standard Oil Resource Center - standard oil company   (Site not responding. Last check: 2007-11-01)
Standard Oil viscosity oil standard of New Jersey eventually became one of many important trusts that dominated key markets; steel oil and grease standard 1994 ford ranger standard transmission oil and railroad were also concentrated markets.
Standard Oil, being formed well before what did standard oil make the discovery of Spindletop and a demand for oil standard oil vertical monopoly example other than for heat and standard oil signs light, was well placed to control the growth standard motor oil of the oil business.
It standard oil analysis sleeve bearing was perceived that it did this by ensuring it owned and controlled all aspects of the trade.
www.taxgloss.com /Tax-US_Companies_O_-_T-/Standard_Oil.html   (1249 words)

  
 Henry H. Rogers - Wikipedia, the free encyclopedia
Standard Oil was an oil refining conglomerate whose predecessor companies were founded by marketeer John D. Rockefeller, chemist Samuel Andrews, and other partners beginning in 1863.
Standard Oil Trust attracted attention from antitrust authorities and the Ohio Attorney General filed and won an antitrust suit in 1892.
Standard Oil, formed well before the discovery of Spindletop in Texas and a demand for oil other than for heat and light, was well placed to control the growth of the oil business.
en.wikipedia.org /wiki/Henry_H._Rogers   (7012 words)

  
 The Making of a Monopoly: Standard Oil Company
The Standard Oil’s incredible profits and its economies of scale were shown to the interested refiners along with a promise of untold wealth.
Standard Oil began to build pipes as inputs and by 1876 controlled almost half the existing pipelines.
After the Standard Oil Trust was ordered to breakup, Rockefeller chose to hold on to the shares of stock of the newly formed companies against the advice of one of his advisers.
students.ou.edu /W/James.N.Winslow-1/epricetheory~tmoams.htm   (2368 words)

  
 The Standard Oil Trust
Standard Oil's jurist, Samuel Dodd, proposed to unite the alliance in a trust.
In 1887, the Standard Oil was one of the best managed companies in the world, mastering almost everything related to its good.
Faced with the risk of a court order of the liquidation of the trust, these men decided to liquidate it themselves and to replace the trust certificate by a constant proportion of securities in each of the ensuing 20 companies.
www.micheloud.com /FXM/SO/SOT.htm   (476 words)

  
 HISTORY OF STANDARD OIL COMPANY
In 1888, in the Investigation of Trusts conducted by Congress and by the state of New York, the Standard Oil Company was the chief subject for examination.
The Standard Oil Trust and its constituent companies have figured in many civil suits, the testimony of which is still in manuscript in the files of the courts where the suits were tried.
Scores of persons in each of the great oil centres have been interviewed, and the comprehension and interpretation of the documents on which the work is based have been materially aided by the explanations which the actors in the events under consideration were able to give.
www.history.rochester.edu /fuels/tarbell/PREFACE.HTM   (1161 words)

  
 Oil
The Supreme Court ordered the dissolution of Standard Oil Company, ruled it was in violation of the Sherman Antitrust Act on the ground that it was a combination in unreasonable restraint of inter-State commerce.
Knowing that vast amounts of oil would be required to enable demobilization and the return of military equipment and personnel to the U.S., Truman was forced to intervene between oil workers and management to avoid a crippling shutdown of the industry.
Oil Baron of the Southwest: Edward L. Doheny and the Development of the Petroleum Industry in California and Mexico.
www.kipnotes.com /Oil.htm   (6944 words)

  
 [No title]
The fact was, the Standard Oil Company of Ohio was in a very tight place, and it is difficult to see how an examination their books could have failed to incriminate not only it, but three other of the constituent companies of the trust which held charters from the same state.
In 1892, when the trust was on trial in Ohio, it reported the aggregate capital of its twenty companies as $102,233,700, and the appraised value was given as $121,- 631,312.63; that is, there was an excess of about $19,000,000.
The new Standard Oil Company is managed by a board of fourteen directors.t They probably collect the dividends of the constituent companies and divide them among stockholders in exactly the same way the trustees of 1882 and the liquidating trustees of 1892 did.
www.history.rochester.edu /fuels/tarbell/Vol2/258-273.htm   (4650 words)

  
 Wikinfo | Standard Oil   (Site not responding. Last check: 2007-11-01)
Perhaps the most infamous action of Standard Oil occurred during a massive strike by employees of the Rockefeller-owned Colorado Fuel and Iron Company.
What was referred to as the Ludlow Massacre occurred on April 20, 1914 when the state militia fired on a tent city inhabited by workers and their families, causing numerous deaths and a public relations disaster.
"Standard Oil's" governing rules were as rigid as the laws of the Medes and Persians, yet so simple as to be easily understood by anyone:
www.wikinfo.org /wiki.php?title=Standard_Oil   (1258 words)

  
 American Experience | The Rockefellers | Special Features | A Journalistic Masterpiece
In "The History of the Standard Oil Company," she skillfully infused her exposé of the complicated inner workings of Rockefeller’s trust with dramatic tension.
On the morning of February 26, 1872, the oil men read in their morning papers that the rise which had been threatening had come; moreover, that all members of the South Improvement Company were exempt from the advance.
If their oil property had not paid for itself entirely in six months, and begun to yield a good percentage, they were inclined to think it a failure.
www.pbs.org /wgbh/amex/rockefellers/sfeature/sf_7.html   (1226 words)

  
 BRIA(16:2) King Leopold, Heart of Darkness, Belgium, Congo, Rockefeller, Standard Oil, Monopoly, United States v. ...
When the Standard Oil Trust was formed in 1882, it produced most of the world's lamp kerosene, owned 4,000 miles of pipelines, and employed 100,000 workers.
But Standard's directors reorganized the trust shifted operations from state to state, and otherwise evaded court rulings to maintain their monopoly.
Both the trial judge and a unanimous federal appeals court agreed that Standard Oil was a monopoly violating the Sherman Antitrust Act.
www.crf-usa.org /bria/bria16_2.html   (5715 words)

  
 Standard Oil Trust
The Standard Oil Trust was formed in 1863 by John D. Rockefeller.
Following publication of her report, the Standard Oil Company was forced to break up into separate state companies — the "Seven Sisters" — each with its own board of directors.
Jersey Standard rose to the challenge and is still the primary user of the Standard name outside of the United States.
www.u-s-history.com /pages/h1804.html   (715 words)

  
 Antitrust, Again
Standard Oil had come to symbolize the ruthless pursuit of profit, often in defiance of the law.
The trust had been formed in 1882 and used a Byzantine legal structure to shield assets, mask dealings, and impede investigation.
The Standard Oil case was particularly notorious since Standard Oil itself had come to symbolize the ruthless pursuit of profit, often in defiance of the law.
www.infoplease.com /spot/antitrust1.html   (463 words)

  
 New York Architecture Images-STANDARD OIL BUILDING
Built as the headquarters for John D. Rockefeller's Standard Oil Company, Carrere and Hastings' nine-story base follows the curve of Broadway.
Following the breakup of the company in 1911 due to anti-trust laws, Shreeve, Lamb and Blake added a massive tower squared to the grid of the uptown streets.
Begun as The Standard Oil Building, built by the Standard Oil Trust Organization, the earlier structure on the site (1884-1886 Ebenezer L Roberts) was only 10 stories tall.
www.nyc-architecture.com /LM/LM008-STANDARDOILBUILDING.htm   (188 words)

  
 mhp: Standard Oil Company
^ Standard Oil Company of New York (Socony) (Division of, 1882 to 1911)
^ Standard Oil Company of New Jersey (Division of, 1882 to 1911)
^ Standard Oil Company of Ohio (Sohio) (Division of, 1870 to 1911)
www.modernhistoryproject.org /mhp/EntityDisplay.php?Entity=StandardOil   (385 words)

  
 TIME.com: High-Flying Horse -- Feb. 11, 1952 -- Page 1   (Site not responding. Last check: 2007-11-01)
In 1951, Socony-Vacuum, representing merely two of the 34 units into which the Supreme Court split the trust, earned nearly twice as much—a thumping $160 million ($5 per common share) and a 25% gain over 1950.
Wall Streeters had long looked down their noses at Socony-Vacuum, in spite of the fact that it has become the second biggest oil company in the U.S. in refining capacity.* The major reason was that Socony-Vacuum had grown up as primarily a marketing rather than producing organization.
Jennings shares command with Chairman Holton, a onetime $5-a-month law clerk who became general counsel of Vacuum Oil Co., another result of the trustbusting, and moved into 26 Broadway in 1931, when Socony and Vacuum merged.
www.time.com /time/magazine/article/0,9171,815982,00.html   (555 words)

  
 Oil Company Histories   (Site not responding. Last check: 2007-11-01)
1998: ARCO subsidiary (Western Midway Co.) and a unit of Mobil Corporation reaches agreement to exchange oil and gas properties in California's San Joaquin Valley and the Gulf of Mexico; The California properties owned by Western Midway go to Mobil, while Mobil oil and gas properties in the Gulf go to Western Midway.
Mobil Oil Co. becomes the North American Division; Mobil International becomes the International Division, with coordinating responsibility for Mobil Petroleum Co. Inc.
1969: British Petroleum signs agreement with the Standard Oil Company of Ohio, which became effective in January 1970; According to the agreement Standard takes over BP's leases in Alaska; In return, BP acquires 25% of Standard's equity, a stake that would rise to a majority holding in 1978
www.virginia.edu /igpr/APAG/apagoilhistory.html   (4888 words)

  
 History of Oil Co. in the Gulf
Posted: Tue Mar 15, 2005 9:52 am Post subject: History of Oil Co. in the Gulf
1930s: Texas Oil Company joins with Standard Oil of California (later Chevron), to found the Arab-American Oil Company [Aramco]
1933: Saudi government signed a concession agreement with the Standard Oil Company of California, predecessor of today’s Chevron
www.freedomcrowsnest.org /forum/viewtopic.php?t=4799   (5262 words)

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