Show 00 railroads owned by the public the union pacific system ot of railroads has stockholders according to a statement issued recently by C R gray president approximately 43 per cent of 0 the stockholders are women and most of the stockholders are persons ot of moderate means says sir mr gray the average holding according to the statement Is ga shares of a par value of 0 each no one person firm corporation or institution owns as much as two per cent ot of the capital stock the statement adds stockholders reside in every state in the union and in alaska canal zone guam hawaii philippine islands thus says mr gray union pacific stock like a cou count nerys rys trade follows the flag this widespread distribution trib ution conclusively answers the statement that the railroads are owned by a few persons to an extent not generally recognized the railroads are owned by the public this subject comes homo home to every household hii hen it Is considered that life insurance policy holders and savings lank bank depositors are partners in the operation and development ot of our railways |