PANAMA RAIL ROAD COMPANY. HXHIBIT B-1.. INVESTMENT SECURITIES OwNED JUNE 30, 1918. i Great Northern Railway Co., First and Refunding 4144 % Bonds, 1961. Pittsburgh, Cincinnati, Chicago & St. Louis Railway Consolidated Series sHy4 77 Bonds; 1960 ss ee a es ee Chicago, Burlington & Quincy R. R. Co., General Mortgage 4% Bonds. NOS Sree erst chaise Nc ee unmet s Seas tent AU Set OR A ere ts ae Chicago, Burlington & Quincy R. R. Co., Illinois Division, 34% BONS il OA Oi eee ae eee ee na Snes RSs UN Boe ea ae Illinois Central R. R. Refunding 4% Bonds, 1955................. Delaware & Hudson Railroad, First and Refunding 4% Bonds, 1948... Union Pacific R. R. Co., First and Refunding 4% Bonds, 2008...... Philadelphia, Baltimore & Washington R. R. Co., First Mortgage AT; BONES VO4 Ses ee TTS GN Nie ye I A Et ere ae New York City 3% Registered Dock Bonds, 1919................. State of New York, Gold Tax Exempt 4% Bonds, 1961...... Fen Les Louisville & Nashville, Unified AT SBOnds; lh O4 Om ree ee ee ee Chicago, Milwaukee & St. Paul General 444% Bonds, 1989........ Central Pacific Railway, First Refunding Mortgage 4% Bonds, 1949. Atchison, Topeka & Santa Fe General Mortgage 4% Bonds, 1995.. Norfolk & Western Consolidated Mortgage 4% Bonds, 1996........ Republic of Panama Secured Sinking Fund, 5% Bonds, 1944........ Pennsylvania R. R. Co., General Mortgage 414% Bonds, 1965....... Baltimore & Ohio R. R. Co., First 4% Bonds, 1948...... ten shevatoapaters New York Central R. R. Co., Refund 444% Bonds, 2013........... United States Government 344% Liberty Loan Bonds, 1947........ United States Government 4% Liberty Loan Bonds, 1942.......... United States Government 44% Liberty Loan Bonds, 1928........ MotaleBonds 2s sot at ae Les ath ret ne crn Cae eanet ee pRie rere i Par VALUE. $100,000 100,000 100,000 100,000 100,000 100,000 100,000 200,000 100,000 239,000 100,000 100,000 100,000 100,000 105,000 94,000 ‘ 100,000 100,000 125,000 18,000 30,000 50,000 $2,261,000 00 00 $99,875 98,500 96,000 87,750 96,187 98,625 97,187 202,000 ‘92,312 247,127 96,771 103,338 94,146 95,553 99,873 94,000 $2,209,405 30 Book VALUE. | 00 00