REPORT OF THE TREASURER, DECEMBER 31, 1929, TO AND INCLUDING DECEMBER 31, 1930

Unencumbered bank balance December 31, 1930 Estimated interest on permanent investments due but not deposited Investments in permanent fund: Dominion of Canada, 5 percent 4th Liberty Loan, 4£ percent Province of Ontario, 5 percent Province of British Columbia, 4^ percent . . 1 , 000 Alabama Power & Light Co., 4J percent. . 2,000 Chesapeake & Ohio Ry. Co., Ц percent... 2,000 N. American Edison Co., 5 percent N. Y. Steam Corp., 5 percent Int. Tel. & Tel. Corp., 5 percent So. Pacific Ry., Ц percent