Rensselaer Semi-Weekly Republican, Volume 22, Number 13, Rensselaer, Jasper County, 2 November 1900 — MANY STOCKHOLDERS IN TRUSTS ARE WOMEN. [ARTICLE]

MANY STOCKHOLDERS IN TRUSTS ARE WOMEN.

Four of the largest corporations of Chicago, including the National Biscuit Company, the Glucose Sugar Refining Company, the American Steel and Wire Company and the American Linseed Company, have made public statements to show that they are indeed “trusts”—“trusts” administered in the interests of hundreds of people, who have invested their savings or small resources in such stock. From about one-quarter to one-third of the total number of preferred stockholders in these companies sre women. Over one-half of the total number represent people of comparatively small financial resources, whose.investments are fifty shares or under. Of these about one-half have investments of ten shares or under. The following table is compiled from the books of these four corporations. It shows how largely thu shares of large corporations are being held by small investors, especially women, who depend for their livelihood on the dividends from their invmments. Thus 4. National Am. Steel Glucose American Biscuit, and Wire. Sugar Ref. Linseed. Total number preferred stockholders.2,3(sß 1,919 544 1,000 Number holding 50 shares or lesa.. .1,701 1,219 287 700 Number holding 10 shares or lesa... 854 59 108 400 Women preferred stockholders..... 1,008 564 180 300