30 a PANAMA RAIL ROAD COMPANY.

EXHIBIT B-1.

Investment Securrrms Ownep JuNE 30, 1922.

 

 

Great Northern Railway Co., First and Refunding 4144 % Bonds, 1961.
( Pittsburgh, Cincinnati, Chicago & St. Louis Railway Consolidated
Series H475, DONS, LOGO ees seks cool Scie ae oleae
catese os Banner & Quincy R. R. Co., General Mortgage 4% Bonds,
Chicago, Burlington & Quincy R. R. Co., Illinois Division, 344%
BOTS OE Oe cra ces see ha I oe oe oe rk se ce eas

‘Illinois Central R. R. Refunding 4%, Bonds al 955 es ee

Delaware & Hudson Railroad, First and Refunding 4% Bonds, 1943..

Union Pacific R. R. Co., First and Refunding 4% Bonds, 2008......
ON a Baltimore & Washington R. R. Co., First Mortgage
AE ONGS {LO Las. ses nies eis Sc Geis eee as woe e Le es hs bis us

_. State of New York, Gold Tax Exempt 4% Bonds, 1961............

Louisville & Nashville, Unified=47 Bonds 19406 2... ok. es el es
- Chicago, Milwaukee & St. Paul General 44% Bonds, LOS QR er oes
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 4 i 13 Bonds, 1965...
Baltimore & Ohio R. R. Cometirst-49 Bonds, 1048-3
New York Central R. R. Co., Refund 444% Bonds, 2013.......0.2..:

United States Goverment 44% Liberty Loan Bonds 1938.........

United States Government 434 70 Victory Liberty Loan Notes, 1923.
| sRotal BONO Seat ea eee eee eee eee we ore

\

100,000

100,000
100,000
100,000

100,000
100,000

- 100,000

200,000
239,000

_ 100,000

100,000
100,000
100,000
105,000

88,000
100,000
100,000
125,000

Par VALUE.

00
00

5,200 00

51,400

 

00

$2,113,600 00

$99,875
98,500

96,000 |

$7,750
96,187
98,625

97,187 |

202,000
247,127
96,771
103,338
94,146
95,553
99,873

- 88,000

98,250
91,250
122,656
5,200
51,400

$2,069,692

Book VALUE.

00
00