Repository: UIHistories Project: Board of Trustees Minutes - 1976 [PAGE 279]

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268

BOARD OF TRUSTEES

[April 16

Investment Report February 1975 Report of the Finance Committee

(29) T h e Finance Committee approved the following changes in endowment funds: Date Sale: 2/11 Security Yield {Per Cent) Amount

81 000 Cleveland, Cincinnati, Chicago, and St. Louis Railway 4 per cent first mortgage bonds due 7/1/91 15.59 Purchases: 2/5 $ 10 000 Hertz demand notes 8.87 2/28 120 000 Hertz demand notes 7.83

8

174 99 10 000 00 120 000 00

Report of the Comptroller

T h e Comptroller reported changes in investments, which he has been authorized make: Yield Date Security (Per Cent) Amount Sales: 2/6 8 18 000 U.S. Treasury 8 per cent notes due 2/15/77 6.23 $ 18 598 2/11 33 000 Household Finance demand notes 6.45 33 000 2/25 1 000 000 U.S. Treasury bills due 6/30/75 5.54 981 124 Repurchase Agreements: 2/14 $1 500 000 U.S. Treasury 7% per cent notes due 11/15/77 for 4 days 2/14 1 000 000 U.S. Treasury 7% per cent notes due 11/15/77 for 14 days 2/27 1 900 000 Federal National Mortgage 5.85 per cent debentures due 6/10/76 for 4 days Purchases: 2/3 8 21 000 U.S. Treasury 4 per cent bonds due 2/15/80 2/4 347 000 U.S. Treasury 8 per cent notes due 2/15/77 2/6 35 000 U.S. Treasury IVx per cent notes due 8/15/76 2/7 2 000 000 First National Bank of Chicago 67s per cent certificate of deposit due 2/2/76 2/7 145 000 U.S. Treasury 8 per cent notes due 2/15/77 2/10 1 000 000 First National Bank of Chicago 6>4 per cent certificate of deposit due 3/14/75 2/10 500 000 First National Bank of Chicago 6 per cent certificate of deposit due 3/28/75 2/10 490 000 First National Bank of Chicago 67a per cent certificate of deposit due 6/28/76 2/11 1 000 000 Continental Illinois National Bank Wi per cent time deposit due 4/1/75 2/11 1 000 000 First National Bank of Chicago 7.05 per cent certificate of deposit due 2/9/76 2/13 30 000 U.S. Treasury bills due 3/27/75 2/13 39 000 U.S. Treasury 6ft per cent notes due 5/15/76 2/14 165 000 U.S. Treasury bills due 3/27/75 2/14 115 000 U.S. Treasury bills due 9/23/75 to

75 00 44

5.75 5.50 5.50 6.50 6.60 6.10 6.88 6.40 6.25 6.00 6.88 6.50 7.05 3.41 6.89 3.62 5.38

8 1 5 0 0 958 33 1 0 0 2 138 89 190116111 S 18 740 11 356 108 75 35 7 0 1 0 6 2 000 000 00 149 350 00 1 0 0 0 000 00 500 000 00 490 000 00 1 000 000 00 1 000 000 00 29 880 96 38 853 75 164 3 2 1 6 7 1 1 1 3 2 6 07