Show SMALL INVESTORS IS ATTRACTED BY THE THELOW LOW PRICE OF All KliS KINaS OF STOCKS Unprecedented Amount of Buying Reported Which Is rs Doing Much to Restore Normal Conditions New York Nov No 24 Investment buying in small lots of railroad and in industrial industrial industrial securities in Wall Van street still continues unprecedented in volume and stock transfer officers are overwhelm overwhelmed ed with work transferring the names of new security holders This enor enormous enormous enormous odd lot buying bringing as it does thousands of dollars into circulation circulation circulation tion has been in progress for several i weeks and Is doing more than anything else perhaps to effect a relaxation in inthe Inthe inthe the stringent currency conditions by Low Prices Transfer books show a record breaking number of or stockholders and andin andIn andin in he the case of ot the Northern Pacific railway the number of stockholders has mere than doubled in the last six si months There are now share shareholders shareholders shareholders holders while the transfer books six months ago showed only 00 names Within the last half halt year the number of or stockholders of the Chesapeake Ohio railroad has leaped from 1200 to 2200 The large number of new n w share shareholders shareholders shareholders holders of at the Great Northern railway has swamped the transfer department of ot the th company company with work and figures of tile tle increase of new shareholders are not obtainable though Vice President Pr Nicholls stated today that from Nov 1 1901 to Nov 14 H 1907 1901 the books showed an increase of per cent The Chicago Milwaukee St Paul took on over 1200 the six weeks preceding Nov 15 No Diminution lon of Buying James L Carter manager of the transfer department of J P Morgan Co states slates that there be no diminution of or the th odd lot buying which has progress since stocks have fallen to bargain levels The average number of shares purchased by the stockholders according to Mr Carter varies arles from thirty in the case of the Northern Pacific to fifty shares as shown on the books of the Chesapeake Ohio It is it this buying bu said Mr Carter that is doing so 50 much to help tho the sit situation situation situation While the average number of shares purchased varies from thirty to fifty there are no end of purchases pur of three shares and upwards Shares Sharps are being bought for the accounts of ot those living in villages and towns throughout the United States |