Prospectus excerpt:  GATX Corp., $2.50 Cumulative Convertible Preferred Stock, Series A, liquidating value $60, redeemable anytime at the issuer's option at $63 per share plus accrued and unpaid dividends, with no stated maturity, and with distributions of $2.50 per annum paid quarterly on 3/1, 6/1, 9/1 & 12/1. Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. The preferred shares may be converted anytime at the holder's option into five shares of common stock.