42 REPORT OF EXECUTIVE COMMITTEE 



Schedule of Securities — continued. 

 Par Value. SECURITIES. Investment Value. Total. 



Pension Fund. 



20,000 Oregon Short Line Railroad Co., Consolidated 



First Mortgage, 5% Guaranteed Gold 



Bonds, due 1946 19,550.00 



50,000 United States of America Victory Liberty 



Loan of 1919 60,000.00 



61,350 United States of America Second Liberty 



Loan Converted 4^3 53,532.41 



$25,789,450 Brought forward $25,623,544.96 



Insurance Fund. 



28,000 American Telephone & Telegraph Com- 

 pany, 4M% Convertible Bonds 28,978.00 



50,000 Atchison, Topeka & Santa Fe Railway Com- ,' 



pany. General Mortgage 100-year, 4% J 



Registered Gold Bonds, due 1995 50,056.25 jj 



25,000 Bell Telephone Company of Canada, Deben- '\ 



tare 5% Bonds, due April 1, 1925 24,760.00 j; 



30,000 Chicago, Burlington & Quincy Railroad Com- j 



pany. General Mortgage 4% Bonds, due ' 



March 1, 1958 28,237.50 ;; 



1,000 Chicago, Milwaukee & St. Paul Railway 

 Company, General Mortgage 4J^% Gold 

 Bonds, due May 1, 1989 995.00 ; 



21 , 000 Great Northern Railway First and Refunding I 



41^% Bonds, due 1961 20,944.00 \ 



21,000 Illinois Central Railroad Company, Refund- ( 



ing Mortgage 4% Bonds, due November 1 



1,1955 19,008.75 ' 



25,000 Oregon Short Line Railroad Company, Con- ! 



solidated First Mortgage 5% Guaranteed 

 Gold Bonds, due 1946 24,468.25 



24,000 Pennsylvania Railroad Company, Consoli- 

 dated Mortgage 4^^% Bonds, due August 

 1, 1960 25,095.01 



26,700 United States of America Second Liberty 



Loan Converted 4i^s 23,722.33 



63 , 500 United States of America Third Liberty Loan 



of 1918 61,128.90 



3,000 United States of America Fourth Liberty 



Loan of 1918 3,000.00 



32,400 United States of America Victory Liberty 



Loan of 1919 32,400.00 



342,793.99 



123,082.41 



26,271,400 26,089,421.36 



