Untitled Page 4

250 NORTHERN PACIFIC RAILWAY 4% 1997 $1000. bonds.

1 bond numbered M 47

1 " " M 163

1 " " M 736

1 " " M 1943

4 " " M 2151 to M 2154

1 " " M 2495

1 " " M 2757

1 " " M 2759

1 " " M 3334

1 " " M 3389

5 " " M 3601 to M 3605

2 " " M 3613 " M 3614

1 " " M 3693

1 " " M 3739

2 " " M 3780 to M 3781

1 " " M 4058

1 " " M 4365

1 " " M 4416

1 " " M 4637

1 " " M 4654

1 " " M 4845

1 " " M 5066

2 " " M 5257 to M 5258

1 " " M 5268

1 " " M 5330

1 " " M 5351

1 " " M 5457

2 " " M 5459 to M 5469

1 " " M 5732

1 " " M 5774

4 " " M 6210 to M 6213

1 " " M 6412

2 " " M 6460 to M 6461

2 " " M 6482 to M 6483

5 " " M 7846 to M 7850

1 " " M 8001

3 " " M 8491 to M 8493

2 " " M 8576 " M 8577

1 " " M 8774

1 " " M 8867

2 " " M 8873 to M 8874

1 " " M 8894

2 " " M 9116 to M 9117

2 " " M 9186 " M 9187

3 " " M 9312 " M 9314

1 " " M 9398

1 " " M 9412

1 " " M 9419

1 " " M 9549

1 " " M 9555

7 " " M 9630 to 9636

1 " " M 9659

9 " " M 9675 to M 9683

1 " " M 10655

1 " " M 11238

1 " " M 11851

1 " " M 12332

1 " " M 13048

1 " " M 13319

1 " " M 13563

1 " " M 15001

1 " " M 15004

2 " " M 17317 to 17318

1 " " M 17320

1 " " M 18533

1 " " M 18573

4 " " M 18597 to 18600

Forward 116

-3-