Medford mail tribune., December 07, 1958, Image 43

CRISP
as can be
in the new
Stack Pack!
Savory! A bit of bleu cheese
on a tasty Ritz Cracker.
I Y
A
r
fef D) 117
I'
Reclosable
packets keep Ritz
fresher...
handier to serve . . ,
with less breakage.
And Ritz stay
everlastingly crisp!
Simple! A slice of pimiento
filled olive on Swiss and Ritz.
Sophisticated! Red caviar
on a bed of cream cheese.
NATIONAL BISCUIT COMPANY
Invest
(Continued)
ment over three months is the same, no matter
which schedule you're using. But the broker's
commission on the $300 quarterly investment is
$7.84 while that on three monthly $100 investments
totals about $17.
How long are you "in for"?
For as long as you like. MIP is more economical
on a long-term basis than on a short-term one, but
you can sell your stock and drop out of MIP any v
time you wish. (Don't forget that there's a broker's
commission on the sale of your stock.) From time
to time, you may find that you can't make your
regular payment. That's all right: the broker won't
cancel your MIP program as long as you show real
interest in the plan.
When do you get your stock?
When you've purchased 50 shares, you get your
stock certificates. If you want your stock certifi
cates after your investment equals at least one
share, the broker will charge you $1.
When do you get your dividends?
Just as soon as they are paid by the company
-whose stock you own. You can have them sent to
you or have them reinvested automatically.
Can you get more than one stock?
Yes. You buy only one stock per plan, but you
can have two or more plans going simultaneously.
Who decides how to vote your stock?
You do. Your full shares of stock will be voted
in strict accordance with your written instructions. .
What record will you have of your purchases?
After each purchase, you will be mailed a receipt
for your money and a statement showing the num
ber of shares you bought, the price, the commission
paid, and the total number of shares at that time.
What happens in a recession?
The value of the stock you own can go down.
However, this also means that you can buy more
shares of the same stock with each, payment. Thus,
assuming the stock goes up again in line with the
long-term trend of the stock market you'll have .
more shares of stock bought at a lower cost.
The number of people investing through MIP
continues to grow. An average of 145 new plans .
are opened every day, while well over 2 million
shares of stock already have been purchased by
MIP families throughout the nation.
On the whole, investing in the stock market has
become so easy through MIP that, in a sense, the
practice has even seeped through the Iron Curtain.
Three years ago, a stock broker was startled to
get an MIP account from the heartland of Com
munism: Moscow. The purchaser was a young
woman who was then a State Department disburs
ing officer at the U.S. Embassy in Moscow where,
she said, "a foreign-service officer doesn't find too
much to spend money on." Obviously not impressed
with life in Communism's "people's democracy,"
she used her savings on the obvious alternative:
buying shares in America's "people's capitalism."
Want to Know More About MIP?
., If J0" wuld like additional information about
the Monthly Investment Plan, at no cost or obliga
tion, write to Dept. FW, New York Stock Exchange,
New York 5, N. Y.
Family Weekly, December 7, 1958