ITEMS OF INTEREST July 4, 1908 Issue

ITEMS OF INTEREST

For penalties due the State of Texas for violation of the anti-trust laws the State has seized the property and garnisheed funds of the Security Oil Company, the National Oil Company, the Waters-Pierce Oil Company, and the Navarro Refining Company. Judgment has been rendered against the Standard for violation of the anti-trust laws and penalties aggregating $6,016,250 imposed. Writs have also been issued against the Santa Fe, the Southern Pacific, and the Missouri, Kansas, and Texas Railroad for amounts aggregating nearly $300,000, which they owe the Standard Oil Company. More than one million barrels of oil in the Texas fields owned by the Standard has also been seized.

The Interstate Commerce Commission has handed down its decision in favor of the complainants in the suit brought to secure a restoration of the old rate of ten cents per hundred pounds on hardwood lumber shipments from Memphis to New Orleans, and reparation for the excess charged over this amount since Feb. 2, 1903. The Commission not only decided that the present rate of twelve cents per hundred pounds is unreasonable and unjustifiable, but it ordered the defendant companies to reestablish the old rate, effective Aug. 1.

The American Automobile Association tour for the Glidden and Hower trophies starts in Buffalo on July 9, and it is expected that from two hundred and fifty to three hundred people will participate. From Buffalo the party will proceed by the way of Cambridge Springs, Pittsburg, Bedford Springs, Harrisburg, Philadelphra, Milford, Pa., Albany, Boston, Poland Springs and Rangeley, Me., Bethlehem, N. H., to Saratoga Springs. All the day's runs are over one hundred miles, and some are nearly two hundred.

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