REPORT OF AUDITORS. 51 



Schedule 1. — Schedule of Investments at October SI, 1919 (Cont'd). 

 $22,694,300 Brought forward $153,970.75 $22,512,749.89 



Par Value. SECURITIES. Investment Value. Total. 



Insurance Fund (Cont'd). 



21 , 000 Illinois Central Railroad Company, Refunding 



Mortgage 4% Bonds, due November 1, 



1955 19,008.75 



24,000 Pennsylvania Railroad Company, Consoli- 

 dated Mortgage 4J% Bonds, due August 



1, 1960 25,095.01 



4,000 United States of America Second Liberty 



Loan of 1917 4,000.00 



29,500 United States of America Third Liberty 



Loan of 1918 '. 29,500.00 



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 



Reserve Fund. 

 50,000 American Telephone & Telegraph Company, 



Collateral Trust 4% Bonds, due 1929 45,500.00 



96,000 American Telephone & Telegraph Company, 



4i% Convertible Bonds 99,456.25 



100, 000 Baltimore & Ohio Railroad Company, General 



and Refunding 5% Bonds, due 1995 102 , 375 . 00 



50,000 Central Pacific Railway Company, First Re- 

 funding Mortgage 4% Registered Gold 



Bonds, due 1949 48,250.00 



150,000 Chicago, Burlington & Quincy Railroad Com- 

 pany, General Mortgage 4% Bonds, due 



March 1, 1958 141,263.75 



15,000 Chicago, Milwaukee & St. Paul Railway 

 Company, General Mortgage 43% Gold 



Bonds, due May 1. 1989 14,925.00 



120,000 Chicago and North-Western General Mort- 

 gage 3^% Bonds, due November 1, 1987 100,300.00 



155,000 General Electric. 5% Gold Debenture Bonds. . 158,213.47 



48,000 Great Northern Railway Company, First and 



Refunding Mortgage 4i% Bonds, due 1961 48,109.25 



100 , 000 Illinois Central Railroad Company, Refunding 



4% Bonds, due 1955 89,668.75 



280,000 Interborough Rapid Transit Company, First 



Refunding Mortgage 5% Bonds, due 1966 . 276,701 .00 



50,000 Lake Shore & Michigan Southern Railway 

 Company, Registered 25-year 4% Gold 



Bonds, due September 1, 1928 47,000.00 



50,000 Long Island Railroad Company, Refunding 



Mortgage 4% Bonds, due 1949 48, 285 . 00 



50,000 New York, Westchester & Boston Railway 

 Company, First Mortgage 4^% Bonds, due 



1946 49,187.50 



50,000 Northern Pacific-Great Northern (Chicago, 

 Burlington & Quincy Collateral), Joint 



4% Bonds, due 1921 49,037.50 



50,000 Northern Pacific Railway Co., General Lien 

 Railway and Land Grant 3% Bonds, due 



January 1, 2047 33,101.25 



50,000 Oregon-Washington Railroad & Navigation 

 Company, First and Refunding 4% Mort- 

 gage Bonds, due 1961 46,375,00 



30,000 Pennsylvania Railroad Company, General 



Mortgage 4^% Bonds, due June 1, 1965. . . . 29,837.50 



101,000 Pennsylvania Railroad Company, Consoli- 

 dated Mortgage 4^% Bonds, due August 1, 

 1960 105,608.12 



266,974.61 



24,403,200 Carried forward 1,533,194.34 22,779,724.40 



