Show oyes s As Stockholders r. r L By Ira C. C Tichenor I A to reports of various railroad companies the the plan f. f I of encouraging to become stockholders i is being eing follo followed followed fol fol- lo lowed ed to a constantly increasing extent especially among among the larger transportation corporations At a recent meeting of ot the financial officers of ot railroads of ot the country i th this the treasurer of ot the Lehigh Valley company read a n. paper showing the result of cf It the plan conducted by that road whereby her bY may purchase stock on the Instalment plan It was stated that although the Lehigh Valleys Valley's pl plan n has been In fn effect only a few few months more than a n. thousand have subscribed for about shar shares s and that that subscriptions are coming In In n almost dally daily The company company purchaSes the stock at t the market price and deductions are made from wages at 5 i a share a n. month The The Illinois Cent Central ll also has in effect c a plan whereby may purchase stock making monthly payments through payroll deductions The Th plan an Is very w ell eU thought of ot by the empl yes states President Markham It hit is an an Incentive to save and the method of deductions from the payroll I provides pro a c convenient way I believe it is beneficial both to the emp oyes I I and to the company Pennsylvania railroad officials have had under consideration for tor some ome sometime I I time the question of creating creating a method d w whereby may purchase through the company A number of have been stockholders stockholders stockholders stock stock- holders for tor some some time e and the number has been swelled In recent months through the efforts of the Mutual Beneficial Association of ot Pennsylvania Railroad d Employee Inc which has s devised a plan whereby by all whether members rs of the association or not can an purchase one to ten shares t en n the Instalment plan That That the plan n Is meeting with favor by workers I generally Is indicated by the fact that shares of common stock reserved by the Youngstown Youns r Sheet and and- Tube company for 83 sato to on deferred payments payments at the rate of ot a year were at once oversubscribed while about 2000 of the WOO of ot the Trumbull Steel company company oversubscribed the original 1 of shares par Jar 25 Z and the company set aside 80 00 shares more for sale to its workers As generally known the larger larer steel companies compani have adopted plans to to toI I enable to buy their securities and it is stated with satisfactory I res results I |