1. German External Loan 1924 7% Bonds Due October 15th, 1949 (the Dawes Loan) issued in the aggregate amount of US$ 110,000,000 in the United States of America;

2. German Government International 5½% Loan 1930 Due June 1st, 1965 (the Young Loan) issued in the United States of America in the aggregate amount of US$ 98,250,000;

3. The Free State of Prussia (Freistaat Prüssen) 6½% Sinking Fund Bonds, External Loan of 1927, Due September 15th, 1952.

4. The Free State of Prussia (Freistaat Prüssen) 6½% Sinking Fund Bonds, External Loan of 1927, Due October 15th, 1952.

1. Bavarian Palatinate Consolidated Cities, Germany 7% External Serial Gold Bonds 1926

2. Free State of Bavaria 6 ½% Serial Gold Bonds 1925

3. Free State of Bavaria 6 ½% External Twenty Year Sinking Fund Gold bonds – Due August 1st, 1945 1925

4. City of Berlin 6 ½ % Twenty-Five Year Sinking Fund Gold Bonds – Due April 1st, 1950 1925

5. City of Berlin 6% Thirty-Year External Sinking Fund Gold Bonds – Due June 15th, 1958 1928

6. State of Bremen (Free Hanseatic City of Bremen) 7% Ten-Year External Loan Gold Bonds – Due September 1st, 1935 1925

7. City of Düsseldorf 7% External Serial Gold Bonds 1925

8. City of Duisburg 7% Serial Gold Bonds 1925

9. City of Frankfurt-on-Main 7% Serial Gold Bonds External Loan of 1925 1925

10. City of Frankfurt-on-Main 6½% Twenty-Five Year Sinking Fund Gold Bonds Municipal External Loan of 1928 – Due May 1st, 1953 1928

11. Hanseatic City of Hamburg 6% Twenty-Year Gold Bonds – Due October 1st, 1946 1925

12. City of Hanover 7% Ten Year External Convertible Gold Bond – Due November 1st, 1939 1929

13. City of Hanover 7% External Sinking Fund Gold Bonds – Due November 1st, 1939 1929

14. City of Cologne 6½% Twenty-Five Year Sinking Fund Gold Bonds – Due March 15th, 1950 1925

15. City of Munich 7% Serial Gold Bonds 1927

16. City of Nuremberg 6% External Twenty-Five Year Sinking Fund Gold Bonds – Due August 1st, 1952 1927

17. Free State of Oldenburg 7% External Serial Gold Bonds 1925

18. Pfälzische Städte:

19. State of Wurttemberg Consolidated Municipal External Loan of 1925 7% Serial Gold Bonds 1925

20. City of Heidelberg 7½% External Twenty-Five Year Sinking Fund Gold Bonds – Due July 1st, 1950 1925

1. General Electric Company, Germany 7% Twenty Year Sinking Fund Gold Debentures – Due January 15th, 1945 1925

2. General Electric Company, Germany 6 ½% Fifteen Year Gold Sinking Fund Debentures – Due December 1st, 1940 1925

3. General Electric Company, Germany 6% Twenty-Year Sinking Fund Gold Debentures – Due May 1st, 1948 1928

4. Berlin City Electric Company Incorporated 6 ½% Twenty-Five Year Sinking Fund Debentures – Due December 1st, 1951 1926

5. Berlin City Electric Company Incorporated 6 ½% Thirty-Year Sinking Fund Debentures – Due February 1st, 1959 1929

6. Berlin City Electric Company Incorporated 6% Twenty-Five Year Debentures – Due April 1st, 1955 1930

7. Consolidated Hydro-Electric Works of Upper Württemburg 7% First Mortgage Thirty-year Sinking Fund Gold Bonds – Due January 15th, 1956 1926

8. Brown Coal Industrial Corporation “Zukunft” 6½% Sinking Fund Mortgage Gold Bonds Series A – Due April 1st, 1953 1928

9. Protestant Church in Germany Welfare Institutions Loan 7% Twenty-Year Secured Sinking Fund Gold Bonds 1926

10. German Atlantic Cable Company 7% First Mortgage Twenty-Year Sinking Fund Gold Dollar bonds – Due April 1st, 1945 1925

11. Central Bank of German State & Provincial Banks, Inc. 6% First Mortgage Secured Gold Sinking Fund Bonds – Series A – Due August 1st, 1952 1927

12. Central Bank of German State & Provincial Banks, Inc 6% Mortgage Secured Gold Sinking Fund Bonds Series B – Due October 1st, 1951 1927

13. Central Bank of German State & Provincial Banks, Inc 6½% German Provincial and Communal Banks Consolidated Agricultural Loan – Secured Sinking Fund Gold Bonds Series A – Due June 1st, 1953 1928

14. German Central Bank for Agriculture 7% First Lien Gold Farm Loan Sinking Fund Bonds – Due September 15th, 1950 1925

15. German Central Bank for Agriculture 6% Farm Loan Secured Gold Sinking Fund Bonds – Due July 15th, 1960 1927

16. German Central Bank for Agriculture 6% Farm Loan Secured Gold Sinking Fund Bonds – Second Series of 1927 – Due October 15th, 1960 1927

17. German Central Bank for Agriculture 6% Farm Loan Secured Gold Sinking Fund Bonds - Series A of 1928 - Due April 15th, 1928 1928

18. German Savings Banks and Clearing Association 7% German Consolidated Municipal Loan – Sinking Fund Secured Gold Bonds – Series of 1926 due 1947 – Due February 1st, 1947 1926

19. German Savings Banks and Clearing Association 6% German Consolidated Municipal Loan – Sinking Fund Secured Gold Bonds – Series of 1926 - due 1947 1928

20. Dortmund Municipal Utilities 6½% Twenty-year Sinking Fund Mortgage Gold Bonds – Due October 1st, 1948 1928

21. Unterelbe Power & Light Company 6% Twenty-Five Year Sinking Fund Gold Bonds – Series Due 1953 1928

22. Electric Power Corporation 6½% First Mortgage Sinking Fund Gold Bonds – Series Due 1950 1925

23. Electric Power Corporation 6½% First Mortgage Sinking Fund Gold Bonds – Series Due 1950 1928

24. Municipal Gas and Electric Corporation of Recklinghausen 7% First Mortgage Twenty-Year Sinking Fund Gold Bonds – Due December 1st, 1947 1927

25. Roman Catholic Church in Bavaria 6½% Twenty-Year Sinking Fund Gold Bonds Series A- Due March 1st, 1946 1926

26. Berlin Electric Elevated and Underground Railways Company 6½% Thirty-Year First mortgage Sinking Fund Gold Bonds – Due October 1st, 1956 1926

27. Gesfürel 6% Sinking Fund Gold Debentures – Due June 1st, 1953 1928

28. Mannheim and Palatinate Electric Companies 7% Fifteen-Year Sinking Fund Mortgage Gold Bonds – Due June 1st, 1941 1926

29. “Good Hope Steel and Iron Works“ 7% Twenty-Year Sinking Fund Mortgage Gold Bonds – Due October 15th, 1945 1925

30. Hamburg Elevated Underground and Street Railways Company 5½% Ten-year Gold Loan – Due June 1st, 1938 1928

31. Harpen Mining Corporation 6% Gold Mortgage Bonds Series of 1929 – Due January 1st, 1949 1929

32. Province of Hanover Harz Water Works 6% Sinking Fund Gold Bonds, First Series – Due August 1st, 1957 1927

33. Province of Hanover Harz Water Works 6½% Sinking Fund Gold Bonds, Second Series – Due February 1st, 1949 1929

34. Ilseder Steel Corporation 6% Gold Mortgage Bonds – Series of 1928 – Due August 1st, 1948 1928

35. Rudolph Karstadt, Incorporated 6% First Mortgage Collateral Sinking Fund Bonds – Due November 1st, 1943 1928

36. Koholyt Corporation 6½% First (Closed) Mortgage Sinking Fund Gold Bonds 1928

37. Municipal Bank of the State of Hessen 7% Serial Gold Bonds 1925

38. Luneburg Power, Light and Waterworks, Ltd. 7% First Mortgage Twenty-Year Sinking Fund Gold Bonds – Due May 1st, 1948 1928

39. Mansfeld Mining and Smelting Company 7% Fifteen Year (closed) Mortgage Sinking Fund Gold Bonds – Due May 1st, 1941 1928

40. “Miag” Mill Machinery Company 7% Closed First Mortgage Thirty-Year Sinking Fund Gold Bonds – Due June 1st, 1956 1926

41. North German Lloyd Bremen 6% Twenty-Year Sinking Fund Gold Bonds – Due November 1st, 1947 1927

42. North German Lloyd Bremen 4% Sinking Fund Bonds of 1933 – Due November 1st, 1947 1933

43. Oberpfalz Electric Power Corp. 7% First Mortgage Sinking Fund Gold Bonds 1925

44. Pfälzische AG: sieche Groß Kraftwerke Mannheim

45. Prussian Electric Company 6% Sinking Fund Gold Debentures – Due February 1st, 1954 1929

46. Rheinelbe Union 7% Twenty-Year Sinking Fund Mort- gage Gold Bonds – Due January 1st, 1946 1926

47. Rhine Westphalia Electric Power Corporation 7% Direct Mortgage Gold Bonds – Due November 1st, 1950 1925

48. Rhine Westphalia Electric Power Corporation 6% Direct Mortgage Gold Bonds – Due May 1st, 1952 1927

49. Rhine Westphalia Electric Power Corporation 6% Consolidated Mortgage Gold Bonds – Due August 1st, 1953 1928

50. Rhine Westphalia Electric Power Corporation 6% Consolidated Mortgage Gold Bonds – Due April 1st, 1955 1930

51. Rhein-Main-Danube Corporation 7% Sinking Fund Gold Debentures, Series A – Due September 1st, 1950 1925

52. Roman Catholic Church Welfare Institutions in Germany 7% Twenty-Year Secured Sinking Fund Gold Bonds 1926/1928

53. Ruhr Chemical Corporation 6% Sinking Fund Mortgage Bonds, Series A – Due April 1st, 1948 1928

54. Ruhr Gas Corporation 6½% Secured Sinking Fund Bonds, Series A – Due October 1st, 1953 1928

55. Ruhr Housing Corporation 6½% First Mortgage Sinking Fund Bonds – Due November 1st, 1958 1928

56. Leonhrd Tietz, Incorporation 7½% Twenty-Year Mortgage gold Bonds 1926

57. Consolidated Municipalities of Baden 7% External Sinking Fund Gold Bonds – Due January 1st, 1951 1926

58. Westphalia United Electric Power Corporation 6% First Mortgage Sinking Fund Gold Bonds, Series A – Due January 1st, 1953 1928

59. United Industrial Corporation (Viag) 6% Hydro-electric First (Closed) Mortgage Sinking Fund Gold Bonds 1925

60. United Industrial Corp. (Viag) 6½% Sinking Fund Gold Debentures 1926

61. United Steel Works 6½% 25-Year Sinking Fund Mortgage Gold Bonds, Series A – Due June 1st, 1951 1926

62. United Steel Works 6½% 25-Year Sinking Fund Mortgage Gold Bonds, Series C – Due June 1st, 1951 1926

63. United Steel Works 6½% 20-Year Sinking Fund Debentures, Series A – Due July 1st, 1947 1927

64. Vesten Electric Railway Company 7% First Mortgage Twenty Year Sinking Fund Gold Bonds – Due December 1st, 1947 1927

65. Rhine-Ruhr Water Service Union 6% Twenty-Five Year Sinking Fund External Gold Debentures – Due January 1st, 1953 1928

66. Housing and Realty Improvement Company, Berlin 7% First (Closed) Mortgage Twenty year Sinking Fund Gold Bonds 1926

67. Siemens & Halske Stock Corp. Siemens Schuckertwerke, Company Limited 6½% Twenty-Five Year Sinking Fund Gold Debenture – Due September 1st, 1951 1926

68. Siemens & Halske Stock Corporation 6% Participating Debenture, Series A – Due January 15th, 1950 1930