Salt Lake Telegram | 1926-12-27 | Page 3 | G. L. Stone, Noted Financier, Dies

C STONE fINAN CIER mf mfR DIES R Rose se From Cub Reporter to Head of Investment House Retired in 1923 BROOKLINE E Mass Dec 27 AP AP Galen Galen L. L Stone who rose from Journalistic obscurity to financial heights ts Is II dead end Mr Stone was a member of ot one of Boston's floston's greatest investment houses Hayden Stone Co which he established more than 30 years ago with Charles Hayden hayden Hay- Hay den like himself a subordinate In Ina Ina ina a brokerage house Stone had been a cub reporter for the old Commercial Bulletin but It was not long tong before he became became became be be- came financial editor of the Boston Boston Doston Bos Dos ton Advertiser Then he decided to learn the I investment situation first hand and he took a Job with the brokerage brok firm where he met Hayden a a. graduate of the Massachusetts Massac Institute of ot Te Technology who had started work the year ear previous pre as asa asa asa a ticker b boy y at 3 a week Soon they were partners Many any copper companies owed their ex exIstence existence ex- ex to the firms firm's financing and later It turned to ste steamships railroads and other enterprises Mr 11 Stone was at one time or another another another an an- other a director of more than 20 corporations He Ho retired d in 1923 to give bl his time to Interests philanthropic artistic ar Sr arI I and musical which had al always always al- al ways concerned conce him He died last night in his year He was wasa a trustee of ot Wellesley college and had teen beep a vice president of ot the Boston symphony orchestra