Repository: UIHistories Project: Board of Trustees Minutes - 1980 [PAGE 190]

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180

BOARD OF TRUSTEES

[February 21

Report of Investment Transactions, December 31,1978 (16) T h e comptroller presented the investment report as of December 3 1 , 1978. Change in Investments (Under Finance Committee Guidelines) Date Sale: 12/5 Number $ Description $ Cost/ Yield 600 000 00 $ Amount 600 000 00

600 000 Hertz demand notes

Changes in Investments (Under Comptroller's Authority) Date Number Description Cost/ Yield Amount

12/20 $1 300 000 U.S. Treasury bills due 1/18/79 $1 12/21 700 000 U.S. Treasury bills due 1/18/79 12/21 1 200 000 U.S. Treasury bills due 2 / 1 / 7 9 1 12/21 1 100 000 U.S. Treasury bills due 2 / 6 / 7 9 1 12/29 300 000 U.S. Treasury bills due 2 / 1 / 7 9 12/131 net 96 318 First National Bank of Chicago 5 percent open-end time deposit Purchases: 12/1 $ 258 000 U.S. Treasury 8'4 percent notes due 11/15/88 12/8 1 000 000 Chicago Tokyo Bank lO'/i percent certificate of deposit due 1/17/79 12/13 2 000 000 Federal National Mortgage Association discount notes due 1/23/78 12/15 1 000 000 Wells Fargo 9.65 percent certificate of deposit due 1/19/79 12/18 600 000 Continental Bank IOV2 percent certificate of deposit due 3/19/79 12/18 2 000 000 Harris Trust and Savings Bank 9Vt percent certificate of deposit due 1/31/79 12/20 10 000 U.S. Treasury bills due 2 / 6 / 7 9 12/21 750 000 U.S. Treasury bills due 6/14/79 12/28 250 000 U.S. Treasury bills d u e 5/29/79

283 822 22 691288 178 556 073 123 294 639 89 00 33 00

$1 290 051 39 695 100 1 187 456 1 086 931 297 733 00 00 39 33

96 318 37 8.77%$ 10.70 9.66 9.65 10.50 9.75 9.00 10.01 9.84

96 318 37 257 677 50 1 0 0 0 054 90 1 978 247 22 1 000 000 00 600 000 00 2 000 000 00 9 881 46 715 182 29 240 025 00

O n m o t i o n of M r . H o w a r d , this r e p o r t w a s a p p r o v e d as p r e s e n t e d . SECRETARY'S REPORT T h e secretary presented for record appointments to the faculty a n d changes of status made by the president, resignations, leaves of absence, a n d retirements. A copy of this report is filed with the secretary.