Fifteen rounds having been fought (TIME, Jan. 28 et seq.); the fight to a finish between John Davison Rockefeller Jr. and Col. Robert Wright Stewart, minority stockholder and board-chairman, respectively, of Standard Oil Co. of Indiana, continued last week as follows:
Round 16. Col. Stewart and his board of directors declared a 50% stock dividend a $1.12½ cash dividend (including a so-cent extra dividend), thus calling attention to their ability to put fat profits into the hands of the stockholders. During the brief speculative flurry which followed,...
To continue reading:
or
Log-In