408 MARYLAND MANUAL

INVESTMENTS AS OF SEPTEMBER 30, 1939

Capital Fund Investment:
Northern Central Railway Mortgage		$1,500,000.00
State Accident Fund Investments:
Baltimore City 4% Stock	$30,000.00
Baltimore County Metropolitan District 4 1/2%
Bonds	55,000.00
Baltimore County Public School 4 1/2% Bonds	3,000.00
Dorchester County 5% Bonds	100,000.00
Easton, Maryland 4% Bonds	6,000.00
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 1 1/2% Bonds	50,000.00
Salisbury, Maryland Water and Sewerage 4 1/2%
Bonds	25,000.00
State of Maryland Emergency Bond Issue of
1935, 3% Bonds	50,000.00
State of Maryland General Bond Issue of 1937,
3% Bonds	300,000.00
United States Treasury 3 1/4% Bonds	187,800.00
United States Treasury 2-7/8% Bonds	20,000.00
United States Treasury 2% Bonds	100,000.00
United States Treasury 2 1/2% Bonds	100,000.00
Washington Suburban Sanitary District 4 1/2%
Bonds	50,000.00
Wicomico County 4 1/2% Bond	10,000.00
		$1,238,800.00
University of Maryland Fund Investments:
Baltimore City 4% Stock	$39,000.00
Federal Land Bank Consolidated 3 1%/ Bonds	20,000.00
Federal Land Bank Consolidated 3% Bonds	23,000.00
Prince George's County 41/2 % Bonds	2,000.00
State of Maryland, General Construction Loan
of 1931, 4 1/2% Bonds	2,000.00
United States Treasury 3 14/% Bonds	11,000.00
United States Treasury 2 % Bonds	20,000.00
		117,000.00
Total		$2,855,800.00