44 REPORT OF THE EXECUTIVE COMMITTEE. 



Schedule of Securities — continued. 

 $22,544,700 Brought forward $22,517,603.13 



Par Value. SECURITIES. Investment Value. Total. 



Insurance Fund. 

 ^28, 000 American Telephone & Telegraph Company, 



4}4% Convertible Bonds $28,978. 00 



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

 pany, General Mortgage, 100-year, 4% 

 Registered Gold Bonds, due 1995 50 , 056 . 25 



25,000 Bell Telephone Company of Canada, De- 

 benture 5% Bonds, due April 1, 1925 24,760.00 



30,000 Chicago, Burlington & Quincy Railroad 

 Company, General Mortgage, 4% Bonds, 



due March 1, 1958 28,237.50 



1,000 Chicago, Milwaukee & St. Paul Railway 

 Company, General Mortgage 4>^% Gold 

 Bonds, due May 1, 1989 995.00 



21,000 Great Northern Railway First and Refund- 

 ing 4}4% Bonds, due 1961 20,944.00 



21 , 000 Illinois Central Railroad Company, Refund- 

 ing Mortgage 4% Bonds, due November 

 1, 1955 19,008.75 



24,000 Pennsylvania Railroad Company, Consoli- 

 dated Mortgage, 4H% Bonds, due Aug. 



1, 1960 25,095.01 



4,000 United States of America Second Liberty 



Loan of 1917 4,000.00 



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 



Reserve Fund. 

 50,000 American Telephone & Telegraph Com- 

 pany, Collateral Trust 4% Bonds, due 



1929 45,500.00 



96 , 000 American Telephone & Telegraph Company, 



4J^% Convertible Bonds 99,456.25 



100,000 Baltimore & Ohio Railroad Company, Gen- 

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

 50,000 Central Pacific Railway Company, First 

 Refunding Mortgage 4% Registered 



Gold Bonds, due 1949 48,250.00 



150,000 Chicago, Burlington & Quincy Railroad 

 Company, General Mortgage 4% Bonds, 



due March 1st, 1958 141,263.75 



15,000 Chicago, Milwaukee & St. Paul Railway 

 Company, General Mortgage 4i^% 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 4>^% Bonds, 



due 1961 48 , 109 . 25 



100, 000 Illinois Central Railroad Company, Refund- 

 ing 4% Bonds, due 19.55 89,668.75 



280,000 Interborough Rapid Transit Company, 

 First Refunding Mortgage 5% Bonds, 

 due 1966 276,701.00 



298,603.41 



24,011,600 Carried forward 1,124,762.47 22,816,206.54 



