Repository: UIHistories Project: Board of Trustees Minutes - 1980 [PAGE 204]

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194

BOARD O F T R U S T E E S

[February 21

Report of Investment Transactions through January 31,1979 (35) T h e comptroller presented the investment report as of January 31, 1979. Changes in Investments (Under Finance Committee Guidelines)

Date Sale: 12/5/78 Purchases: 12/6/78 1/9/79 $ Number Description $ 10 percent 10.00% 10.24 $ 145 000 00 145 000 00 Cost/ Yield 745 000 00 $ Amount 745 000 00

745 000 Hertz demand notes 145 000 General Motors Acceptance note due 1 / 5 / 7 9 City Products demand notes

145 000

Changes in Investments (Under Comptroller's Authority)

Date

Sales: 12/20/78 12/21/78 12/21/78 12/21/78 12/29/78 1/4/79 1/19/79 1/26/79 1/29/79 1/31/79 12/1/781/31/79 Number $1 300 000 700 000 1 200 000 1 100 000 300 000 100 shares 100 000 500 000 30 000 5 000 000 Description U . S . Treasury bills due 1/18/79 U . S . Treasury bills due 1 / 1 8 / 7 9 U . S . Treasury bills due 2 / 1 / 7 9 U . S . Treasury bills due 2 / 6 / 7 9 U . S . Treasury bills due 2 / 1 / 7 9 Pacific Petroleums common stock U . S . Treasury bills due 3 / 6 / 7 9 U . S . Treasury bills due 2 / 1 / 7 9 U . S . Treasury bills due 3 / 6 / 7 9 U . S . Treasury bills due 4 / 5 / 7 9 Cost/ Yield $1 283 691 1 178 1 073 294 5 93 490 29 4 906 822 22 288 89 556 00 123 33 639 00 112 50 455 67 500 00 258 60 800 00 Amount $1 290 695 1 187 1 086 297 5 98 499 29 4 917 051 100 456 931 773 180 805 208 715 066 39 00 00 39 33 62 28 30 00 67

net

130 409 First National Bank of Chicago 5 percent open-end time deposit

130 409 11

130 409 11

Repurchase Agreements 1/8/79 $3 000 000 U . S . Treasury bills due 3 / 2 9 / 7 9 with First National Bank of Chicago for 1 day 1/9/79 3 500 000 U . S . Treasury 9 H percent notes due 1 2 / 3 1 / 8 2 with First National Bank of Chicago for 7 days 1/19/79 5 000 000 Federal National Mortgage Association notes due 1 / 1 1 / 8 0 with Lehman Brothers for 3 days 1/25/79 125 000 U . S . Treasury 7W percent notes due 1 1 / 1 5 / 8 0 with Champaign National Bank for 90 days Purchases: 11/2/78 5 000 Ford Motor Credit demand notes 11/24/78 100 000 Ford Motor Credit 5 percent note due 11/27/78 11/27/78 103 000 Ford Motor Credit 7'/2 percent note due 11/28/78 258 000 U . S . Treasury 8% percent notes due 12/1/78 11/15/88 12/8/78 1 000 000 Chicago Tokyo Bank 10% percent certificate of deposit due 1 / 1 7 / 7 9 12/13/78 2 000 000 Federal National Mortgage Association discount notes due 1 / 2 3 / 7 8 12/15/78 1 000 000 Wells Fargo 9.65 percent certificate of deposit due 1 / 1 9 / 7 9 0& 12/18/78 600 000 Continental Bank 1 V percent certificate of deposit due 3 / 1 9 / 7 9 12/18/78 2 000 000 Harris Trust and Savings Bank 9% percent certificate of deposit due 1 / 3 1 / 7 9 . . 12/20/78 10 000 U . S . Treasury bills due 2 / 6 / 7 9 12/21/78 750 000 U . S . Treasury bills due 6 / 1 4 / 7 9

9.40%

$3 000 000 00

9.40

3 500 000 00

9.85

4 500 000 00

10.63 9.60 5.00 7.50 8.77 10.70 9.66 9-65 10.50 9.75 9.00 10.01

125 000 00 5 000 00 100 000 00 103 000 00 257 677 50 I 000 054 90 1 978 247 22 1 000 000 00 600 000 00 2 000 000 00 9 881 46 715 182 29