6% cumulative preferred stock, $40 par value, callable at $42, authorized 100,000 shares, issued and outstanding 100,000 shares Treasury stock, common (at cost) Additional paid-in capital, common stock Dividends payable Retained earnings Additional paid-in capital, preferred stock Common stock, $2.50 par value per share, authorized 1.8 million shares, $4,000,000 5,000,000 9,000,000 200,000 15,000,000 1,250,000 issued 1.2 million shares of which 60,000 are held in the treasury 3,000,000