Morris tribune., 1907-12-14
GREAT NORTHERN RAILWAY.
Gives its Employees and Others An
Opportunity to Invest

AAC 1OSOAU AOHOA AASAAA
the financial centers shows very
large increase in the number of hold
ers of stock in various corporations,
particularly in those companies which
are considered safe. 1t is understood
that these new stockholders are large
" people of comparatively small
means who are taking advantage of
the present low prices to invest saw
ings in securities, which while safe,
will pay a better rate of interest than
the higher prices of last year would
return.
The government recently recogniz
ed the Importance of inducing idle
capital to invest, thus keeping the
money in circulation and giving
safe investment and fair return to the
holders of such idle capital, and has
issued one hundred million of short
time three per cent notes and fifty
millions of Canal Bonds. In foreign
countries there is every facility for
the investor of small means to make
safe small investments; in this coun-
try there are few. .... -.
President Louis w. Hill of the
Great Northern Railway, has issued
a circular outlining plan whereby
it's employees and others living along
the system may purchase for invest
ment one or more shares of that COM
pany's stock without paying the us
ual commissions charged by stock
brokers.
In explanation of this action on the
part of the company Mr.. Hill says:
"During the last few weeks, and
particularly since financial conditions
became acute, the officers of the
company have received many requests
from employees and others for inform
alton as to how small investments
might be made in stock of the Great
Northern Railway Company. These
inquiries came mainly from people
who had no experience in purchasing
stock in New York Or from persons
living in communities where there
were no stock brokers.
The circular outlines in detail the
conditions and methods attaching to
the purchase of stock. No subscrip-
ton will be received for over one
hundred shares, but if any person de-
sires more than one hundred shares
the Great Northern Employees Invest
ment Company will endeavor to pur-
chase same i'm New York at such
price as the subscriber may name.
All subscriptions for less than one
hundred shares will be filed at the
current market price of the stock at
the time the subscriptions are receiv-
ed. A remittance of the approximate
price of the shares of stock to be pur-
chased should accompany the sub
scription and should be for slightly
more than the probable cost in order
to allow for fluctuations of the mar
ket. Immediately upon receipt of the
subscription and remittance the re-
quired number of shares together
with any over remittance and full
statement of the transaction will be
sent to the subscriber.
Employees now holding investment
certificates issued by the Great North
ern Employees Investment Company
may surrender all or part of their GER
tificates and purchase Great North
ern stock with the proceeds. Con-
trary to the custom such employees
will be permitted to take out other
Investment certificates from time to
time as they desire up to the amount
of the certificates surrendered for the
purchase of stock. Current price
quotations can usually be obtained
through the public press.
There are other details relative to
the procedure in purchasing the
stock that are fully explained in the
circular.
IT'S