Evidence receipt / uncertainty
Published · transcript-backedDavid Rosenthal: uncertainty
18 Oct 2021 Acquired Standard Oil Part II
“I don't know if it was on the New York Stock Exchange or what, but on a stock exchange for the first time.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- uncertainty
- Recorded
- 18 Oct 2021
- Publisher
- Acquired
- Episode
- Standard Oil Part II
Transcript context
…Ability to take metals and turn them into pipes, and plumbing operations. It's crazy. Yup. December 1st, 1911, the breakup took effect, 34 companies. They all get publicly listed. I don't know if it was on the New York Stock Exchange or what, but on a stock exchange for the first time. I don't think immediately, but over the next year, Standard Oil of New Jersey goes from an initial share price of $360 a share to $595 a share over year one. Standard Oil of New York goes from $260 to $580. Standard Oil of Indiana goes from $3500 to $9500 a share, and so on and so on. Whoa, close to tripling.…
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