INVESTMENTS AS OF SEPTEMBER 30, 1936

Treasury Capital Investment:
Northern Central Railway Mortgage $1,500,000.00

State Accident Fund Investments:
Baltimore City 4% Stock $30,000.00
Baltimore County Metropolitan District

4Vz% Bonds - 65,000.00
Baltimore County Public School 4 1/2 %

Bonds 9,000.00
Dorchester County 5% Bonds 100,000.00
Easton, Maryland, 4% Bonds 8,000.00
Federal Farm Mortgage 3% Bonds .. 50,000.00
Federal Land Bank Consolidated 3 1/4 %

Bonds . 2,000.00
Federal Land Bank Consolidated 3%
Bonds - .. .. - ..... 100,000.00

Home Owners' Loan Corporation 2 3/4 %

Bonds - -- - 50,000.00
Salisbury, Maryland, Water and Sewer-
age 4 1/2 % Bonds - - 25,000.00
State of Maryland Emergency Bond

Issue of 1935, 3% - 50,000.00
State Roads Commission of Maryland

4% Bonds 100,000.00
United States Treasury 3 1/4 % Bonds 187,800.00
United States Treasury 2 7/8 % Bonds 20,000.00
United States Treasury 2 3/4 % Bonds - 100,000.00
Washington Suburban Sanitary District

4 1/2 % Bonds - 50,000.00
Wicomico County 4 1/2 % Bonds 21,000.00

957,800.00

University of Maryland Fund Investments:
Baltimore City 4% Stock - $39,000.00
Federal Land Bank Consolidated 3 1/4 %

Bonds - 20,000.00
Federal Land Bank Consolidated 3%
Bonds - 23,000.00

Prince George's County 4 1/2 % Bonds 2,000.00
State of Maryland General Construction

Loan of 1931, 4 1/2 % Bonds - - 2,000.00
United States Treasury 3 1/4 % Bonds 11,000.00
United States Treasury 2 3/4 % Bonds - 20,000.00

117,000.00

Total - - - $2,574,800.00

More detailed information may be had by reference to the Comptroller's report
For summary of the gross and net debt of State see Page 374.