REPORT OF AUDITORS. 



39 



Schedule of Securities — continued. 



SECURITIES. Par Value. JJ^/'i''* Tq!,,® Cost or Value 



(Jet. 31, 1923. at date acquired ^ 



Brought forward $22,953,000 $23,647,285.00 $22,897,740.13 



Reserve Fund. 



Am. Smelt, and Ref. Co. 1st 5s 1947 15,000 13,687.50 $13,510.00 



Am. Tel. & Tel. Co., col. 4s 1929 50,000 46,312.50 45,500.00 



B. & O. R. R. Co., gen. and ref. 5s 1995 100,000 83,7.50.00 102,375.00 



Canada So. Ry. Co. con. 5s 1962 40,000 39,300.00 39,231.50 



Cedar Rapids Mfg. and P. Co. 1st sink. 5s 1953 25,000 23,500.00 24,025.00 



Central Pacific, 1st ref. 4s 1949 50,000 43,437.50 48,250.00 



C. B. and Q. gen. 4s 1958 150,000 128,625.00 141,263.75 



C. M. and St. P. gen. 41^3 1989 15,000 11,700.00 14,925.00 



Chi. and N. W. gen. 3J-^s 1987 120,000 85,350.00 100,300.00 



Chi. U. Station 6J^s 1963 75,000 85,406.25 85,610.25 



Cleveland U. Terminal Co. 1st sink. 5Hs 1972. 5,000 5,125.00 5,153.75 



Commonwealth Edison Co. 5s 1943 36 , 000 34 , 425 .00 35 , 345 . 25 



Consumers Pow. Co. 1st ref. 5s 1936 25 , 000 23 , 625 . 00 23 , 878 . 50 



Dominion of Canada 5s 1952 100,000 99,750.00 98,936.25 



General Electric, deb. 5s 1952 155,000 157,325.00 158,213.47 



Great Nor. 1st ref. 4i<s 1961 48,000 43,128.00 48,109.25 



Illinois Central R. R. Co., ref. 4s 1955 100,000 85,000.00 89,668.75 



Int. Rap. Trans, ref . 5s 1966 280 , 000 165 , 200 . 00 276 , 701 . 00 



Kansas City Terminal Ry. Co. 1st 4& 1960 50,000 41,000.00 40,520.00 



Lake Shore and M. S. 4s 1928 50,000 47,250.00 47,000.00 



Liggett and Myers Tob. Co. 7s 1944 98,000 114,170.00 116,083.27 



Long Island ref. 4s 1949 50,000 39,187.50 48,285.00 



P. Lorillard Co. 7s 1944 29,000 33,930.00 33,957.00 



Missouri, Kansas & Texas 1st 4s 1990 50,000 37,250.00 38,661.67 



City of Montreal 5s 1956 25,000 23,750.00 24,062.50 



City of Montreal Sinking 5s 1954 75,000 71,250.00 72,375.00 



New England Tel. & Tel. 5s 1952 30,000 29,325.00 29,858.75 



N. Y. W. and Boston 1st 4^3 1946 50,000 18,500.00 49,187.50 



N. Y. Gas & E. L. H. & P. Co. 4s 1949 18,000 14,760.00 14,927.00 



Nor. Pac. ref. and imp. 6s 2047 95,000 98,325.00 96,756.25 



Nor. Pac. gen. lien 3s 2047 50,000 29,125.00 33,101.25 



Province of Ontario deb. 51/^3 1937 35,000 35,100.00 35,787.50 



Province of Ontario deb. 6s 1943 40,000 42,400.00 43,137.50 



Ore. Short Line con. 1st 5s 1946 2,000 2,040.00 1,955.00 



Ore.-Wash. Ry. and N. Co. 1st and ref. 4s 1961 . . 50,000 39,937.50 46,375.00 



Penna. R. R. Co., gen. 4Hs 1965 30,000 27,225.00 29,837.50 



Penna. R. R. Co. con. 43^3 1960 101,000 95,950.00 105,608.12 



Southern Pacific l&t ref. 4s 1955 100,000 87,000.00 92,148.75 



So. Rwy. Co. 1st con. 5s 1994 50,000 47,562.50 47,875.00 



Standard Oil of N. Y. deb. 6^3 1933 70,000 74,112.50 74,504.75 



City of Toronto con. deb. 53 1949 75,000 70,875.00 72,118.10 



Union Pac. 1st ref. 4s 2008 140,000 115,850.00 128,722.50 



U. S. A. Fourth of 1917— 2nd conv 347,000 337,437.50 340,181.30 



City of Winnipeg, interim deb. 53 1943 50 , 000 49 , 000 .00 48 , 250 . 00 



City of Winnipeg, deb. 6s 1946 15,000 16,050.00 16,0.50.00 



Wis. Central Ry. Co. 1 st gen. 43 1949 40 , 000 30 , 477 .00 30 , 477 . 00 



3,108,799.93 



Pension Fund. 



Canada So. Ry. Co. con. guaranteed 5s 1962. . . 10,000 9,825.00 9,790.00 



Cleveland U. Terminal Co. Ist sink. 5^3 1972. 10,000 10,250.00 10,315.00 



Dominion of Canada 5s 1952 25,000 24,937.50 24,727.50 



Liggett & Myers Tob. Co. 73 1944 2,000 2,330.00 2,375.50 



P. Lorillard Co. 7s 1944 5,000 5,850.00 5,863.75 



Missouri, Kansas & Texas 1st 43 1990 25,000 18,625.00 19,396.67 



New England Tel. & Tel. 5s 1952 10,000 9,775.00 9,955.00 



N. Y. Gas E. & L. H. & P. Co. 43 1949 24,000 19,680.00 19,693.50 



Oregon Short Line con. 1st 53 1946 20 , 000 20 , 400 . 00 19 , 550 . 00 



Ore.-Wash. Ry. and N. Co. 1st ref. 43 1961 15,000 11,981.25 11,956.25 



26,303.000 26,624,425.00 133,623.17 



Grand total 26,140,163.23 



