Knowledge

Empire Transportation Company

Source 📝

77: 24: 140:, the president of the Pennsylvania Railroad to object having a competitor in the refining business, even though Scott knew that Standard Oil owned at least twice as many tank cars that the Empire Transportation Company owned. Following this meeting, Standard Oil shut down its 424: 394: 348: 300: 444: 419: 454: 108:. By the mid-1870s, it hauled about 3,000,000 barrels of oil annually, of which about two-thirds came from independent oil refiners. The company was a subsidiary of the 439: 414: 404: 372: 366: 409: 360: 354: 293: 449: 76: 399: 286: 268: 169: 120:
Many of Potts' oil tanker customers were independent refiners, and he became worried that his business would become subservient to
434: 342: 148:
in July 1877 destroyed millions of dollars of Pennsylvania Railroad property. In discussions that largely excluded Potts,
145: 92:
freight transportation company founded and operated by Joseph D. Potts in 1865. It owned a small fleet of boats on the
112:
and it was very profitable. In 1876 the company paid a 10 percent dividend ($ 400,000) on stock worth $ 4,000,000.
324: 330: 198: 429: 309: 109: 68: 152:
of the Pennsylvania Railroad and Standard Oil agreed to a sale price of $ 3,500,000 in October 1877.
89: 133: 144:
refineries in March 1877, depriving the Pennsylvania Railroad of 65 percent of its oil traffic. A
105: 97: 264: 137: 63: 23: 388: 278: 257: 104:, 1,500 of which were tank cars devoted to carrying oil. It also owned 520 miles of 149: 129: 121: 101: 125: 93: 141: 170:"292: Colonel Joseph D. Potts Leader in the Pennsylvania on LiveAuctioneers" 282: 96:
which collected grain and produce which were then delivered to
199:"Digital History, Chapter 5: Empire's Challenge to Standard" 62: 54: 46: 38: 30: 256: 116:Venture into oil refining and sale to the combine 425:Defunct shipping companies of the United States 259:John D. The Founding Father of the Rockefellers 395:Transportation companies based in Pennsylvania 294: 8: 16: 124:. In 1877, Potts bought an oil refinery on 445:Defunct oil companies of the United States 420:Transport companies disestablished in 1877 301: 287: 279: 15: 455:American companies disestablished in 1877 75: 440:Defunct companies based in Pennsylvania 192: 190: 161: 415:American companies established in 1865 405:1877 disestablishments in Pennsylvania 373:Philadelphia, Baltimore and Washington 367:Philadelphia, Wilmington and Baltimore 7: 410:1865 establishments in Pennsylvania 355:Pittsburgh, Fort Wayne and Chicago 14: 237: 225: 22: 1: 450:Crude oil pipelines companies 337:Empire Transportation Company 255:Hawke, David Freeman (1980). 136:of Standard Oil visited with 86:Empire Transportation Company 400:Lists of transport companies 17:Empire Transportion Company 471: 197:Ladenburg, Thomas (1974). 128:and began to build one in 317: 206:www.digitalhistory.uh.edu 21: 174:www.liveauctioneers.com 81: 435:Pennsylvania Railroad 343:Baltimore and Potomac 310:Pennsylvania Railroad 110:Pennsylvania Railroad 79: 69:Pennsylvania Railroad 263:. Harper & Row. 240:, pp. 110–112. 134:John D. Rockefeller 18: 98:Erie, Pennsylvania 82: 382: 381: 361:United New Jersey 100:. It owned 5,000 74: 73: 462: 331:Northern Central 303: 296: 289: 280: 274: 262: 241: 235: 229: 223: 217: 216: 214: 212: 203: 194: 185: 184: 182: 180: 166: 26: 19: 470: 469: 465: 464: 463: 461: 460: 459: 385: 384: 383: 378: 313: 307: 277: 271: 254: 250: 245: 244: 236: 232: 224: 220: 210: 208: 201: 196: 195: 188: 178: 176: 168: 167: 163: 158: 138:Thomas A. Scott 118: 80:Joseph D. Potts 42:Joseph D. Potts 12: 11: 5: 468: 466: 458: 457: 452: 447: 442: 437: 432: 427: 422: 417: 412: 407: 402: 397: 387: 386: 380: 379: 377: 376: 370: 364: 358: 352: 346: 340: 334: 328: 322: 321:Chartered 1846 318: 315: 314: 308: 306: 305: 298: 291: 283: 276: 275: 270:978-0060118136 269: 251: 249: 246: 243: 242: 230: 228:, p. 109. 218: 186: 160: 159: 157: 154: 117: 114: 72: 71: 66: 60: 59: 56: 52: 51: 48: 44: 43: 40: 36: 35: 32: 28: 27: 13: 10: 9: 6: 4: 3: 2: 467: 456: 453: 451: 448: 446: 443: 441: 438: 436: 433: 431: 428: 426: 423: 421: 418: 416: 413: 411: 408: 406: 403: 401: 398: 396: 393: 392: 390: 374: 371: 368: 365: 362: 359: 356: 353: 350: 347: 344: 341: 338: 335: 332: 329: 326: 323: 320: 319: 316: 311: 304: 299: 297: 292: 290: 285: 284: 281: 272: 266: 261: 260: 253: 252: 247: 239: 234: 231: 227: 222: 219: 207: 200: 193: 191: 187: 175: 171: 165: 162: 155: 153: 151: 147: 143: 139: 135: 131: 127: 123: 115: 113: 111: 107: 106:oil pipelines 103: 102:railroad cars 99: 95: 91: 87: 78: 70: 67: 65: 61: 57: 53: 49: 45: 41: 37: 33: 29: 25: 20: 430:Standard Oil 336: 312:subsidiaries 258: 248:Bibliography 233: 221: 209:. Retrieved 205: 177:. Retrieved 173: 164: 150:A.J. Cassatt 130:Philadelphia 122:Standard Oil 119: 85: 83: 375:(1902–1976) 369:(1836–1902) 363:(1871–1976) 357:(1851–1976) 351:(1847–1956) 345:(1867–1902) 339:(1865–1877) 333:(1861–1976) 211:December 4, 179:December 4, 126:Long Island 94:Great Lakes 389:Categories 349:Pan Handle 156:References 142:Pittsburgh 90:multimodal 325:Main Line 47:Defunct 39:Founder 31:Founded 327:(1857) 267:  146:strike 88:was a 64:Parent 238:Hawke 226:Hawke 202:(PDF) 265:ISBN 213:2018 181:2018 84:The 58:sold 55:Fate 50:1877 34:1865 391:: 204:. 189:^ 172:. 132:. 302:e 295:t 288:v 273:. 215:. 183:.

Index


Parent
Pennsylvania Railroad

multimodal
Great Lakes
Erie, Pennsylvania
railroad cars
oil pipelines
Pennsylvania Railroad
Standard Oil
Long Island
Philadelphia
John D. Rockefeller
Thomas A. Scott
Pittsburgh
strike
A.J. Cassatt
"292: Colonel Joseph D. Potts Leader in the Pennsylvania on LiveAuctioneers"


"Digital History, Chapter 5: Empire's Challenge to Standard"
Hawke
Hawke
John D. The Founding Father of the Rockefellers
ISBN
978-0060118136
v
t
e

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.