Show I STANDARD OIL O VIOLATES All PRINCIPlES OF ECONOMICS Standard Oil on st stock ck k appears to have violated violated vio vio- vio- vio hated two fundamentals m in n economics and mathematics It Is Js the only ca cats casa where the investor has been able 1 to eat his cake and still have it and it is likewise likewise like like- wise the only mathematical demon demonstration demonstration tra- tra tion that the sum of or the parts is greater than the whole A New York lady willed shares of ot old Standard Oil stock lo an an institution The trustees trustee entered It up on on the books at the market price when they received it ii a share shaie or They then determined to be absolutely just to their trust and therefore set forth that rights extras and stock dividends should still stilt attach to the principal and nd only the regular regular regular regu regu- lar cash dividend should be considered income income Upon this tall fair principle in finance they now find exactly how they have eaten their cake and still have It and to what extent the nam um m of ot all the parts is greater than the whole They have sold all aU of ot the thirty-four thirty parts Into which the supreme court di divIded divided di- di divided vided the company except six These they have retained and find them worth at market prices They have Invested their extras and rights amounting amount amount- ing to In good bonds so that the market value of their trust is which divided by gives a present fair market marlet value for Standard Oil of not the original per share but of 2250 per share |