Kansas City, St. Louis & Chicago Rr 6% Guaranteed Preferred Stock

Line of road, Mexico to Kansas City, Mo., 162 miles. Preferred stock outstanding, $1,750,000. Leased, in perpetuity, from November, 1879, to Chic. & Alton RR at rental of 35% of gross earnings, less assessments and taxes. When this percentage is in excess of interest on bonds, 6% on preferred and 7% on common stock, after deducting taxes, etc., such excess goes to Chic. & Alton RR. Dividends on preferred stock are unconditionally guaranteed by C. & A. RR and are paid quarterly (February 1), at 71 Broadway, New York. Transfer office, 71 Broadway, New York.

Little Miami Rr 8% Guaranteed Stock

Line of road, Cincinnati to Springfield, O., with branches, 138 miles. Capital stock, $4,943,-100; par, $50. Leased for 99 years, from December 1, 1869, to Pitts., Cine. & St. L. Ry (now P., C, C. & St. L. Ry), with permanent renewal, at rental of interest on bonds; rentals of leased lines; 8% per annum on stock, and $5,000 for maintenance of organization. The Penna. RR is a party to the lease, and guarantees its faithful execution. Dividends, quarterly, March 10, at 41 East 4th St, Cincinnati. From December, 1899, one-fith p. c. extra has been paid semi-annually (July & December) from surplus invested fund making 8 2-5% per annum. Transfer office, Cincinnati, O.

Little Schuylkill Navigation Rr & Coal Co. 5% Guaranteed Stock

Line of road, Port Clinton to Tamanend, Pa., and branches, 31.48 miles. Capital stock, $2,487,850; par, $50. Leased to Phila. & Read. Ry for 999 years, from December 1, 1896, at rental of 5% per annum on stock, and $5,000 organization expenses. Since 1897, dividends have been paid as follows: 1897, 6%; 1898 and 1899, 5 1/2% each; 1900, 5%; 1901 and 1902, 5 1/2% each; 1903 and 1904, 5% each; 1905, 5 1/2%; 1906, 5%; January, 1907, 3%; payable January & July, at 410 Walnut St., Philadelphia. Listed on Philadelphia Stock Exchange. Transfer office, 410 Walnut St., Philadelphia, Pa.

Louisiana & Missouri River Rr 7% Preferred Stock

Line of road, Louisiana to Cedar City, Mo., 101 miles. Guaranteed preferred stock, $1,010,000; par, $100. Leased in perpetuity, August 1, 1870, to Chic. & Alton RR, at rental of 35% of gross earnings, but the lease was modified, November 13, 1894, whereby the lessee agreed to pay the interest on the bonds and the principal when due; 7% dividends on $329,000 preferred stock (the balance being owned by C. & A. RR) and to discharge the floating debt. Dividends, February & August 1, at 71 Broadway, N. Y. Transfer office, 71 Broadway, New York.

Massawippi Valley Ry 6% Guaranteed Stock

Line of road: Province Line to Lennoxville, Que., and branch, 35.46 miles. Capital stock, $800,000; par, $100. Leased for 999 years, from July 1, 1870, to Conn. & Passumpsic Rivers RR, which is itself leased for 99 years to the Boston & Lowell RR. The lessee pays interest on bonds and dividends identical with those paid to its own stockholders. Of the stock, $400,000 is owned by the Conn. & Pass. Rivers RR, and is deposited under its mortgage and $50,000 is represented by Conn. Tr. & Safe Dep. Co., of Hartford 5% trust certificates. Dividends were formerly 5%, but since January 1, 1897, 6% has been paid. Dividends, February & August 1, at Bost. Safe Dep. & Tr. Co. Listed on Boston Stock Exchange. Transfer office, 95 Milk St., Boston.

Morris & Essex Rr 7% Guaranteed Stock

Line of road, Hoboken to Phillipsburg, N. J., with branch, 118.9 miles. Capital stock, $15,000,000; par, $50. Leased in 1868 to Del., Lack. & West. RR, in perpetuity, the lessee assuming all liabilities and agreeing to pay interest on bonds and 7% on stock. The valuable terminal facilities in N. Y. Harbor of the D., L. & W. system are owned by this company. Dividends, January & July, at 26 Exchange Place, N. Y. Listed on N. Y. Stock Exchange. Transfer office, 26 Exchange Place, N. Y.

Morris Canal & Banking Co Guaranteed 10% Preferred And 4% Consolidated Stocks

Length of canal, Jersey City to Phillipsburg, N. J., with feeders, 106.48 miles. Capital stock, $1,025,000 consolidated and $1,175,000 preferred; par, $100. Leased from April 1, 1871, to Lehigh Valley RR, for 999 years, lessee assuming the bonds and paying 10% on preferred and 4% on Consolidated stock. Dividends on both classes, February & August (first Tuesday), at 228 South Third St., Philadelphia, Pa. Transfer office, Philadelphia, Pa.

Nashville & Decatur Rr 7 1/2% Guaranteed Stock

Line of road, Nashville, Tenn., to Decatur, Ala., 119.24 miles. Capital stock, $3,-553,750; par, $25. Leased to Louisville & Nashville RR for 30 years from July 1, 1872, at rental of 6% on stock and re-leased for 999 years from July 1, 1900, at rental of 7 1/2% per annum on stock. The $2,100,000 bonds, which were due July 1, 1900, were retired, and stock issued therefor. Stock of record before original lease was terminated is indorsed "original stock," and guaranteed regardless of net earnings and superior to any lien. Dividends, July & December, in Nashville, Tenn. Transfer office, Nashville, Tenn.