For investigating the contents of a MIDI file, I like to use the Windows MIDI sequencer Sekaiju
. Sekaiju shows you every event in the MIDI file.
Cakewalk considers certain events at the very beginning of a track (at time 1:1:0) as "track properties". Cakewalk will show them as values on the Track List, but doesn't show them as events in the Event List.
For example, the attached picture shows the same MIDI file track in Sekaiju's Event List and in Cakewalk's Track List and Event List. The Track Name, Bank Select, Program Change, Volume, and Pan events appear in Cakewalk's Track List, but not in Cakewalk's Event List.