Repository: UIHistories Project: Board of Trustees Minutes - 1984 [PAGE 619]

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Date 5/1 5/1 5/8 5/10 5/11 5/14 5/15 5/17 5/17 5/18 5/21 5/22

BOARD OF TRUSTEES

[June 21

5/22 5/24

5/24 5/24

5/24 5/24 5/24 5/24 5/25

5/25 5/29

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5/29 5/29 5/30

Number Description Cost/Yield Amount $1 500 000 Merrill Lynch demand notes 10.32% $1 500 000 00 3 000 000 U.S. Treasury bills due 8/30/84 10.23 2 901 586 67 2 000 000 Continental Illinois National Bank 11.30 percent time deposit due 9 / 4 / 8 4 11.30 2 000 000 00 25 000 Household Finance demand n o t e s . . . 10.53 25 000 00 1 500 000 U.S. Treasury bills due 9 / 2 0 / 8 4 10.49 1 444 835 00 1 200 000 U.S. Treasury bills due 9 / 2 0 / 8 4 10.49 1 156 527 00 205 000 U.S. Treasury bills due 9 / 2 0 / 8 4 10.55 197 587 20 105 000 General Motors Acceptance demand notes 11.15 105 000 00 500 000 U.S. Treasury bills due 9 / 6 / 8 4 10.32 484 444 44 255 000 U.S. Treasury bills due 7/26/84 9.57 250 405 75 180 000 U.S. Treasury bills due 8/23/84 10.05 175 398 70 2 000 000 First National Bank of Chicago 11.25 percent certificate of deposit due 9/27/84 11.25 2 000 000 00 750 000 U.S. Treasury bills due 5 / 1 6 / 8 5 11.95 670 122 50 100 000 American Savings and Loan (California) 11.90 percent certificate of deposit due 7/23/84 11.90 100 000 00 100 000 Busey First National Bank 10.40 percent certificate of deposit due 7/23/84 10.40 100 000 00 100 000 Citizens First National Bank 10.35 percent certificate of deposit due 7/23/84 10.35 100 000 00 700 000 Independence Bank 10.60 percent certificate of deposit due 7 / 2 3 / 8 4 . . . 10.60 700 000 00 100 000 McLean County Bank 10.85 percent certificate of deposit due 7 / 2 3 / 8 4 . . 10.85 100 000 00 100 000 South Shore Bank 10'4 percent certificate of deposit due 7/23/84 10.75 100 000 00 170 000 U.S. Treasury bills due 8 / 9 / 8 4 10.07 166 414 80 2 800 000 Chase Manhattan Bank, London Branch, 914 percent time deposit due 5/29/84 9.25 2 800 000 00 160 000 Household Finance demand n o t e s . . . 10.53 160 000 00 100 000 Bloomington Federal Savings and Loan 10.66 percent certificate of deposit due 7/30/84 10.66 100 000 00 2 800 000 Chase Manhattan Bank, London Branch, 10V6 percent time deposit due 5/30/84 10.13 2 800 000 00 438 000 General Motors Acceptance demand notes 11.09 438 000 00 3 000 000 U.S. Treasury bills due 8 / 3 0 / 8 4 9.91 2 925 135 00 2 800 000 U . S . Treasury bills due 9 / 6 / 8 4 10.03 2 724 848 00

On motion of Mr. Howard, this report was approved as presented. SECRETARY'S REPORT T h e secretary presented for record appointments to the faculty and changes of status m a d e by t h e president, resignations, leaves of absence, and retirements. A copy of t h e report is filed with the secretary.