Caption: Board of Trustees Minutes - 1962 This is a reduced-resolution page image for fast online browsing.
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1516 BOARD OF TRUSTEES [June 20 Adjustments Made in 1961-62 Cost-Plus Contracts With Whom Purpose Amount Dale E. T. Drewitch Seventeen items: $169.38 deduct to $ 2 736 58 April and May $1,300.00 1962 (Plastering) M. E. Hollett Nine items: $1,768.00 deduct to S 530 67 April and May 1962 (Painting) $20.81 $ 2 794 09 Total This report w a s received for record. INVESTMENT REPORT Report of the Finance Committee (32) The Finance Committee reported the following changes in investments of trust funds from January 1 through March 31, 1962: URBANA-CHAMPAIGN Endowment Funds Sale National Fuel Gas 4,%% 5/1/86 $ $ 14 000 14 700 00 1 000 U. S. Treasury bonds 2^% 6/15/72 880 00 Avnet Electronics Corp. common stock 175 shares 4 279 90 J. C. Penney, common stock 750 shares 35 854 86 Standard Oil of New Jersey common stock :k 328 38 6 shares Purchase $ 10 000 9/12/62 $ 9 843 75 Montgomery Ward Credit U. S. Treasury bonds 10 000 8/15/63 9 887 50 Federal National Mortgage 11 000 6/12/73 11 035 00 Association Public Service Electric and 9/1/87 14 665 00 14 000 Gas 36 400 00 Tennessee Gas Transmission 1,500 shares common stock Current Funds Exchange $ 500 000 2/15/62 for U. S. Treasury notes iYs% 500 000 2/15/63 U. S. Treasury certificates 3J^% Purchases $ 500 000 U. S. Treasury bills 2/15/62 $ 499 783 33 1 000 000 U. S. Treasury bills 3/1/62 996 038 75 U. S. Treasurybills 3/15/62 648 170 67 650 000 U. S. Treasurybills 3/29/62 1 493 714 44 1 500 000 U. S. Treasury bills 4/12/62 199 502 56 200 000 S. Treasury bills 4/15/62 249 236 11 250 000 u. S. Treasurybills U. 5/3/62 697 240 83 700 000 U. S. Treasury bills 5/31/62 993 350 00 1 000 000 U. S. Treasury bills 6/28/62 694 969 33 700 000 U. S. Treasury bonds 2J/2% 6/15/72-67 4 365 63 5 000 CHICAGO Dentistry- Medicine-Pharmacy A uxiliary Purchase $ 125 000 U. S. Treasury bills 5/10/62 $ 124 148 75 Report of the Comptroller The Comptroller reports the following changes in unexpended plant investments, over which he has authority: URBANA-CHAMPAIGN Construction Funds Student Services Building (May 17, 1961) Sale $ 182 000 U. S. Treasury notes Exchange $ 182 000 U. S. Treasury notes 182 000 U. S. Treasury notes 4% 3Ji% 4% 8/15/66 2/15/62 for 8/15/66 $ 182 227 50
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