Commodity futures trading – Your preferred stock should also be cumulative so that if it should pass its dividends in a year of poor earnings it may make up the payment to you later on.

This cumulative feature, in a weak company, may not mean very much. There is the classic example of Rutland Railway 6% Preferred Stock which by 1951 had accumulated more than $300 a share in “back” dividends. (This was never paid off as the road went bankrupt and was reorganized.) Representative preferred stocks would include those of American Can Co., Consolidated Edison, Bristol-Myers, Norfolk and Western, National Biscuit Co. (non-callable), Pacific Gas & Electric, Reynolds Tobacco, St.

For expert in-depth information on all aspects
of Make Money Trading Commodity, visit
commodity trading Software

[tags]Commodity Trading Book[/tags]