Atchison, Topeka & Santa Fe Ry Co. 5% Non-Cumulative Preferred Stock

The total capital of this system consists of $114,199,-530 preferred and $102,998,000 common stock. Par of both issues, $100. The preferred stock has preference as to assets and non-cumulative dividends not exceeding 5% per annum, as declared out of net profits. No new mortgage or increase in preferred stock can be made without the consent of a majority of all the preferred stock and of all the common stock represented at the meeting. Dividends on the preferred stock are paid semi-annually, June & December 1, by check. Listed on the New York Stock Exchange. Transfer office, 5 Nassau St., New York.

Baltimore & Ohio Rr Co. 4% Non-Cumulative Preferred Stock

The total outstanding capital of this system consists of $60,000,000 preferred and $152,604,100 common. Par of both issues, $100. The preferred stock has preference as to assets and non-cumulative dividends, not exceeding 4% per annum as declared out of net profits. Both classes of stock were vested in a voting trust for five years from July 1, 1899, but the trust was dissolved and the trustees delivered the stock on September 12, 1902. Dividends on the preferred stock are paid semi-annually March & September 1 by check. Listed on the New York Stock Exchange. Transfer agent, E. M. Deveraux, 2 Wall St., New York.

Buffalo, Rochester & Pittsburgh Ry 6% Non-Cumulative Preferred Stock

The total outstanding capital of this system consists of $6,000,000 preferred and $10,500,-000 common. Par of both issues, $100. The preferred stock has preference as to assets and non-cumulative dividends not exceeding 6% per annum. After the preferred and common stocks have both received 6% dividends in any one year, both classes of stock share equally in any further dividend. Payments on preferred stock are made semi-annually February and August 15, by check. Six per cent. has been regularly paid on both classes for some years. Listed on the New York Stock Exchange. Transfer agent, John H. Hocart, 36 Wall St., New York.

Canadian Pacific Ry 4% Non-Cumulative Preferred Stock

Total outstanding capital of this system consists of $37,853,333 preferred and $121,680,000 common. Par of both issues, $100. The preferred stock, commonly called preference, has equal voting power with the common; has preference to 4% non-cumulative dividends and must never exceed one-half the amount of common stock outstanding. Payments of dividends are made semiannually April & October 1 by check. Transfer agent, Bank of Montreal, Montreal, London and New York.

Chicago & Alton Rr 4% Non-Cumulative Preferred Stock

Total outstanding capital of this system consists of $899,300 4% cumulative participating and prior lien stock; $19,544,000 4% non-cumulative preferred and $19,542,800 common. Par, $100. The cumulative 4% participating and prior lien stock has priority for dividends up to 4%, and is entitled to receive additional dividends equal to the rate of dividends, if any, declared on the common stock. The non-cumulative preferred has preference to the 4% dividend over the common stock. Listed on the New York Stock Exchange.

Chicago & Northwestern Ry 7% Non-Cumulative Preferred

Total outstanding capital of this system consists of $22,395,000 preferred and $99,516,200 common. Par of both classes, $100. Preferred stock has prior right to dividends up to 7% per annum, after which the common stock is entitled to 7%; then the preferred is entitled to 3% more, and then the common to 3% more, after which both share alike in any further distribution. Preferred dividends are paid quarterly January, by check. Listed on the New York Stock Exchange. Transfer office, 52 Wall St., New York.

Chicago, St. Paul, Minneapolis & Omaha Ry Preferred Stock

Total outstanding capital of this system $11,259,911 preferred and $18,558,963 common. Par of both classes, $100. Preferred stock has preference as to 7% non-cumulative dividend, then common stock is to receive 7%, after which both stocks share equally in any further distribution of earnings. Dividends are paid semiannually February & August 20 by check. Listed on the New York Stock Exchange. Transfer office, 52 Wall St., New York.

Chicago, Milwaukee & St. Paul Ry Preferred Stock

Total outstanding capital of this system, $49,654,400 non-cumulative preferred and $58,183,900 common. Par of both classes, $100. Preferred stock has preference as to dividends up to 7% per annum, after which common stock is to receive 7%, then both issues share equally in any further distribution of earnings. Dividends paid semi-annually April & October 25 by check. Listed on New York Stock Exchange. Transfer office, 30 Broad St, New York.

Chicago Terminal Transfer Rr Preferred Stock

Total outstanding capital of this system, $17,000,000 preferred and $13,000,000 common. Par of both classes, $100. Preferred stock has preference as to assets and 4% non-cumulative dividends. Any further distribution above this 4% goes to the common stock. Dividends on preferred are payable semi-annually, but none have been declared as yet. Listed on New York Stock Exchange. Transfer office, 30 Broad St., New York.