Repository: UIHistories Project: Board of Trustees Minutes - 1980 [PAGE 675]

EXTRACTED TEXT FROM PAGE:

664

Date 5/7 5/14 5/14 5/14 5/14 5/14 5/14 5/14 5/14

BOARD OF TRUSTEES

[June 19

Amount $ 987 361 11 146 799 17 17 000 00 68 000 00 36 000 00 182 000 00 21 000 00 85 000 00 17 000 00

Number Description Cost/Yield 1 000 000 U.S. Treasury bills due 6/26/80 $982 868 33 150 000 U.S. Treasury bills due 8/14/80 1 4 1 4 5 4 75 17 000 Abbott Laboratories demand notes 17 000 00 68 000 Associates demand notes 68 000 00 36 000 Borg Warner Acceptance demand notes 36 000 00 182 000 City Products demand n o t e s . . 182 000 00 21 000 Household Finance demand notes 21 000 00 85 000 International Harvester Credit demand notes 85 000 00 17 000 Merrill Lynch demand n o t e s . . 17 000 00

Purchases: 4/3 $ 23 000 Borg Warner Acceptance demand notes 14.48% 4/3 250 000 U.S. Treasury bills due 9 / 2 5 / 8 0 11.56 4/11 17 000 Merrill Lynch demand notes 13.50 4/28 212 543 Community Bank of Morton 13 W percent certificate of deposit due 6/27/80 13.50 5/2 18 000 Ford Motor Credit demand n o t e s . . . 11.36 5/13 500 000 U.S. Treasury bills due 6/24/80 8.43 5/14 250 000 General Motors 8.05 percent bonds due 4 / 1 / 8 5 9.76 5/15 140 000 U.S. Treasury bills due 4 / 2 3 / 8 1 9.19 5/15 1 205 000 U.S. Treasury bills due 6 / 1 9 / 8 0 7.25 5/15 190 000 U.S. Treasury bills due 9/25/80 8.35 5/19 2 500 000 Continental Bank 914 percent time deposit due 9/15/80 9.25 5/27 350 000 U.S. Treasury bills due 8/19/80 7.48 5/29 2 600 000 U.S. Treasury bills due 8/21/80 7.88 5/30 2 000 000 Continental Bank 814 percent time deposit due 7/7/80 8.13 4/15/30 net 327 First National Bank of Chicago 514 percent open-end time deposit 5.25 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

$

23 000 00 232 378 47 17 000 00

212 543 03 18 000 00 495 129 17 234 128 1 196 184 215 00 74198 565 00 314 25

2 500 000 00 343 997 50 2 553 044 00 2 000 000 00

327 47 presented.

SECRETARY'S REPORT

T h e s e c r e t a r y p r e s e n t e d for r e c o r d a p p o i n t m e n t s t o t h e f a c u l t y a n d c h a n g e s of s t a t u s m a d e by t h e p r e s i d e n t , r e s i g n a t i o n s , leaves of a b s e n c e , a n d r e t i r e m e n t s . A copy of t h e r e p o r t is filed w i t h t h e secretary.

DEGREES CONFERRED

T h e s e c r e t a r y p r e s e n t e d for r e c o r d t h e following list of d e g r e e s c o n f e r r e d on candidates at the Chicago Circle, M e d i c a l Center, a n d U r b a n a C h a m p a i g n campuses on the dates indicated.