38 ce PANAMA RAIL ROAD COMPANY. HXHIBIT B-1. INVESTMENT SECURITIES OWNED JUNE 30, 1919. Great Northern Railway Co., First and Refunding 444 % Bonds, 1961. Pittsburgh, Cincinnati, Chicago & St. Louis Railway Consolidated Series 4% Bonds. 1960) se Sa eS Chtcseo, Burlington & Quincy R. R. Co., General Mortgage 4% Bonds. 7. 195 Ce ee Ot er St ee | Chicago, Burlington & Quincy R. R. Co., Illinois Division, 34% BOGS 94 Oe ee eee eo eer gle ange Sec esas aa tee ee eee a 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 CUE. IBY oy aVo keh d Moye Wale Gay ge Ee eRe ye ty ae PS Ee ee Bt New York City 3% Registered Dock Bonds, 1919:................ ‘State of New York, Gold Tax Exempt 4% Bonds, 1961............ Louisville & Nashville, Unified 4% Bonds, 1940................... 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 46 3 Bonds, 1965. . Baltimore & Ohio R. R. Cov iirst 4747 bonds el9486 3. New York Central R. R. Co., Refunds AVE; Bonds; 2OMom i _ United States Government 314% Liberty Loan Bonds, 1947........ United States Government 4% Liberty Loan Bonds, 1942.......... United States Government 444% Liberty Loan Bonds, 1928........ United States Government 414 % Liberty Loan Bonds, NOSSio. ee United States Government 434 % Victory Liberty Loan Notes, 1923. MO CALEB OMS a cioneec. cuetateee ere eae 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 92,000 100,000 100,000 125,000 19,250 31,500 50,000 50,000 150,000 $2,461,750 00 00 Book VALUE. $99,875 98,500 96,000 87,750 96,187 98,625 97,187 202,000 150, 000 $2,410,155 00