European & North American Ry 5% Guaranteed Stock

Line of road, Bangor to Vanceboro, Me., with branches, 120.34 miles. Capital stock, $2,494,100; par, $100. Leased from April 1, 1882, to Maine Cent. RR, for its corporate existence, at an annual rental of $125,000, lessee assuming all liabilities. Dividends August & October 3, at Treasurer's office, Bangor, Me.

Fall Brook Ry 7% Preferred And 2 1/2% Common Guaranteed Stock

Line of road, Corning, N. Y., to Antrim, Pa., and branches, 91.51 miles. Capital stock, $500,000 preferred and $4,500,000 common; par, $50. Leased to N. Y. Cent. & Hudson River RR for 999 years, from May 1, 1899, at rental of $175,000 per annum; also taxes and repairs. Prior to the lease, dividends had been paid since 1891 at rate of 7% per annum on preferred and 6% on common; dividends on common were reduced to 2 1/2% when lease went into effect. Payments, quarterly, (February 5) at company's office, Corning, N. Y.

Fitchburg Rr 5% Guaranteed Preferred Stock

Line of road owned, Greenfield, Mass., to Rotterdam, N. Y., with branches, 394.14 miles. Preferred stock outstanding, $17,360,-000; par, $100. Leased to Bos. & Me. RR, on July 1, 1900, for 99 years, at rental of 5% on preferred, 1% on common stock, and $7,000 for organization expenses, lessee assuming all obligations of the company. Of the common stock, $5,454,550 was purchased by the Bos. & Me. RR, and the balance of the issue, which was in the treasury of the company, was turned over to the lessee under the lease. Dividends on preferred, quarterly, January 1, at Boston & Maine office, Boston. Listed on Boston Stock Exchange. Transfer office, Boston, Mass.

Fort Wayne & Jackson Rr 5 1/2% Guaranteed Preferred Stock

Line of road, Jackson, Mich., to Ft. Wayne, Ind., 97.83 miles. Preferred stock outstanding, $2,291,416; par, $100. Leased in perpetuity on August 24, 1882, to Lake Shore & Mich. Southern Ry, at rental of $126,027, equal to 5 1/2% on the preferred stock, and after 1887, any net earnings over 8% on preferred stock to be paid on common, but not exceeding 2% a year. Dividends, March & September 1, at Farmers' Loan & Trust Co., New York. Transfer office, Farmers' Loan & Trust Co., New York.

Georgia Rr & Banking Co. 11% Guaranteed Stock

Line of road, Augusta to Atlanta, Ga., and branches, 303 miles. Capital stock, $4,200,000; par, $100. The railroad was leased May 7, 1881, for 99 years, to W. M. Wadley, at a rental of $600,000 per annum, but in April, 1899, the Louisville acquired all rights under the lease and in July, 1899, the Atlantic Coast Line acquired a half interest. As security for the performance of the terms of the lease this company holds $500,000 5% bonds of the So. & No. Ala. RR and a like amount of first 4s of the Atlantic Coast Line RR of S. C. Dividends, 11% per annum, quarterly, January 15, at Georgia Railroad Bank, Augusta, Ga. This rate has been paid since 1889; prior to that date, rate ranged from 9% to 10 3/4%. Transfer office, Augusta, Ga.

Gold & Stock Telegraph Co. 6% Guaranteed Stock

Capital stock, $5,000,000; par, $100. Leased until January, 1981, to Western Union Telegraph Co. Dividends payable January 1, at 195 Broadway, N. Y. Listed on New York Stock Exchange. Transfer office, 195 Broadway, New York.

Illinois & Mississippi Telegraph Co. 4% Guaranteed Stock

Capital stock, $1,-930,500; par, $100. Leased in perpetuity to Western Union Telegraph Co. Dividends, January & July, at 195 Broadway, New York. Transfer office, Ottawa, 111.

Illinois Central Leased Line 4% Guaranteed Stock

Capital stock, $10,000,-000; par, $100. Secured by deposit of $10,000,000 Chic, St. L. & New Orleans stock, which road is leased to the 111. Cent. RR for 400 years, from July 1, 1882, at annual rental of interest on bonds and 4% on stock. In case of default for 60 days in any semiannual payment of 2%, the holders of the certificates will be entitled to the stock pledged. Dividends, January & July, at 11 Broadway, New York, and London. Listed on New York Stock Exchange. Transfer office, 11 Broadway, New York.

International Ocean Telegraph Co. 6% Guaranteed Stock

Capital stock, $3,000,000; par, $100. Leased until January, 1981, to the Western Union Telegraph Co. Dividends quarterly, January, 195 Broadway, New York. Transfer office, 195 Broadway, New York.

Jackson, Lansing & Saginaw Rr 3%% Guaranteed Stock

Line of road, Jackson to Mackinac City, Mich., with branches, 379.23 miles. Capital stock, $2,000,000; par, $100. Leased to Mich. Cent. RR on September 1, 1871, in perpetuity. Rental received 1906, $70,000 and $750 additional for expenses. Dividends, March & September 1, at Cent. Station, New York. Transfer office, Grand Central Station, New York.

Joliet & Chicago Rr 7% Guaranteed Stock

Line of road, Chicago to Joliet, 111., 37.20 miles (forming part of the through line of Chic. & Alton RR, Chicago to St. L.). Capital stock, $1,-500,000; par, $100. Leased January 1, 1864, in perpetuity, to Chic. & Alton RR, at rental of 7 on stock and $1,800 for organization expenses. Dividends, quarterly, January (first Monday) at 71 Broadway, New York. Listed on New York Stock Exchange. Transfer office, 17 Broadway, New York.