Colorado & Southern Ry Preferred Stocks

Total outstanding capital consists of $8,-500,000 first 4% non-cumulative preferred, $8,500,000 second 4% non-cumulative preferred and $31,000,000 common stock. Par of all classes, $100. The first preferred has preference as to assets and 4% dividends over the other classes; the second preferred has preference to assets and 4% dividends over the common stock. Any further division of profit goes to the common stock. Dividends on the first preferred have been paid at varying rates, but none on the second preferred. Listed on New York Stock Exchange. Transfer agent, Hallgarten & Co., 5 Nassau St., New York.

Denver & Rio Grande Rr Preferred Stock

Total outstanding capital consists of $50,-000,000 5% non-cumulative preferred and $38,000,000 common. Par of both classes, $100. Preferred has preference as to assets and 5% non-cumulative dividends, but is entitled to no further share of the profits. Dividends are paid on preferred semi-annually January & July 15 by check. Listed on New York Stock Exchange. Transfer office, 195 Broadway, New York.

Erie Rr Preferred Stocks

Total capital consists of $48,000,000 4% non-cumulative first preferred, $16,000,000 4% non-cumulative second preferred, and $153,000,000 common stock. Par of all classes, $100. The first preferred has preference as to assets and 4% non-cumulative dividends. The second preferred has preference over the common as to assets and 4% non-cumulative dividends. All additional divisions of earnings above these preferred dividends are to go to the common stock. No additional mortgage can be placed upon the property, nor the amounts of the preferred stocks increased without the consent of a majority of the entire preferred stock and of such of the common stock as may be represented at a stockholders' meeting called for the purpose. The company reserves the right to retire either or both of its preferred stocks at par. Dividends on the first preferred are paid semi-annually February 28 and August 31, and on second preferred semi-annual April & October 10. In 1907, a dividend on the second preferred stock was omitted in cash and paid in warrants. Listed on New York Stock Exchange. Transfer agents, J. P. Morgan & Co., New York.

Great Northern Ry Preferred Stock

Total authorized capital consists of $210,-000,000 of preferred stock. No common stock has ever been issued and therefore the outstanding capital consists entirely of preferred. Dividends are paid at the rate of 7% per annum. Par value, $100. Listed on New York Stock Exchange. Transfer office, 31 Nassau St., New York.

Hocking Valley Ry Preferred Stock

Total authorized capital, $15,000,000 4% non-cumulative preferred and $11,000,000 common. Par of both issues, $100. Preferred stock has preference as to assets and 4% dividends and is redeemable at any time at par at the option of the company. After both the common and preferred stocks have received 4% dividends in any one year they share alike in any further distribution for such year. Dividends on preferred are paid semi-annually January & July 1. Listed on New York Stock Exchange. Transfer agents, J. P. Morgan & Co., New York.

Minneapolis & St. Louiis Rr Preferred Stock

Total authorized capital, $4,-000,000 non-cumulative preferred and $6,000,000 common. Par of both classes, $100. Preferred stock has preference as to assets and 5% dividends, but both stock participates equally in any further distribution. Payments on preferred are to be made semi-annually January & July 15 by check. Listed on New York Stock Exchange. Transfer office, Central Trust Co., New York.

Missouri, Kansas & Texas Ry Preferred Stock

Total outstanding capital, $13,-000,000 4% non-cumulative preferred and $63,300,300 common. Par of both classes, $100. The preferred stock has preference as to assets and 4% non-cumulative dividends, the common receiving all further distributions of earnings. Preferred dividends paid semi-annually May & November by check. Listed on New York Stock Exchange. Transfer office, 49 Wall St., New York.

Norfolk & Western Ry Preferred Stock

Total authorized capital, $23,000,000 4% non-cumulative adjustment preferred stock and $100,000,000 common stock. Par of both classes, $100. The preferred stock has preference as to assets and 4% non-cumulative dividends, the common receiving the entire balance of dividends if any are declared. Preferred dividends are paid semi-annually February & August 16. Listed on New York Stock Exchange. Transfer agent, Guaranty Trust Co., New York.

Pittsburgh, Cincinnati, Chicago & St. Louis Preferred Stock

Total outstanding capital, $27,457,274 4% preferred and $24,-780,851 common. Par of both classes, $100. Preferred stock is non-cumulative and is entitled to 4% dividends per annum with the right to an additional 1% after 3% has been paid on the common, thus making 5% in all for the preferred. After 5% has been paid on both the common and preferred, both stocks share alike in any further distribution. Preferred dividends are paid semi-annually January and July 15 by check. Listed on New York Stock Exchange. Transfer agent, Farmers' Loan & Trust Co., New York.