The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1925-07-10
WOMEN AMONG
HEAVIEST RAIL
STOCKHOLDERS
Pennsylvania Railroad Is
Owned by 146,797 In
vestors.

Records Of stock ownership just
compiled by the Pennsylvania Rail
road show that the number Of people
who have invested in the company
are today three times as many as
there were fifteen years ago, ac-
cording to local Pennsy officials.
During the fifteen-year period
covered by this analysis the spread
Of ownership of the company's stock
has been particularly marked among
women investors. They have in
creased not only in actual number,
but also in the proportion of their
holdings to the total amount of
stock outstanding, which for the
greater part of this period has re-
manned the same, 9,9S5,314 shares.
In the last five years alone, the
number of Pennsylvania Railroad in
vestors has increased about 10000.
In other words, during the period of
the railroads recovery from war
operating conditions, distribution OF
ownership in the stock has increased
approximately 25 pen cent.
At the present time the number
of Pennsylvania Railroad stock
holders, 146,797 is the largest in the
company's history. The average
holding today is 68.02 shares as
against 1861 shares Is years ago
Employees Buy
On January 1, 1910, the number Of
women stockholders was 1888
They owned 1886 per cent of the
total stock, and constituted 48.28 pei
cent of the total number of stock
holders. On January l, 1925, they
numbered 70,803, an increase of Is.
per cent While they still constitute
about the same percentage of al
stockholders, they now own 32.69
per cent of the total stock outstand-
ing. The stockholding list includes
all ranks from the successful bust
mes man and the large institutions tt
day laborers and mechanics. A not
able increase in the list is from al
ranks of officers and employees il
the Pennsylvania Railroad service.
A study Of the figures as far back
as 1910 indicates a steady trend
toward more widespread ownership
in actual number, as we'll as in
territorial location. On January /,
1910, the number Of stockholders in
States outside of New York, Fennsyl
vania and New England, was 9,073
They owned at that time 924 per
cent of the total outstanding stock
and represented 15.47 per cent of
the total number Of stockholders. On
January 1, 1925, this number had
been increased to 28.02S individuals
holding 1549 per cent of the total
stock and constituting 1881 per cent
of the total number Of stockholders.
Six Per Cent Return
While the Pennsylvania Railroad
System extends into thirteen States
and the District of Columbia, its
domicile is the State of Pennsyl-
vania, and it is interesting to note
that of the whole number Of stock
holders, 1898 per cent are credited
to that State.
Figures Leye also been compiled
giving the total dividends paid to
stockholders since the Pennsylvania
Railroad was chartered in 1846. In
every calendar year since the COM
pany began 20 operate, cash d.
vidends have been paid to those who
provided out Of their savings the
money with which to build and
equip the road averaging for the
entire period per cent per year, and
amounting to more than three
quarters of a billion dollars.