Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 128]

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118

Date 9/5 $

BOARD OF TRUSTEES

[October 9

Number Description Cost/Yield Amount 400 000 General Motors Acceptance demand notes $ 400 000 00 $ 400 000 00 9/5 272 000 Quaker Oats demand notes . . 272 000 00 272 000 00 9/5 868 000 Salomon demand notes 868 000 00 868 000 00 9/5 1 000 000 U.S. Treasury bills due 11/13/86 977 333 33 990 340 00 9/5 400 000 U.S. Treasury bills due 11/28/86 391 817 92 395 109 33 Purchases: 8/1 $ 2 674 Federated Short/Intermediate Governments 8.18% $ 28 000 00 8/6 76 Champaign National Bank liquid cash 5.89 76 27 8/6 2 678 Federated Trust for U.S. Treasury Obligations 5.79 2 678 24 8/7 10 Champaign National Bank liquid cash 5.89 9 58 8/7 1 385 Champaign National Bank liquid cash 5.89 1 384 99 8/8 1 309 Federated Trust for U.S. Treasury Obligations 5.79 1 309 15 8/19 4 750 Federated Trust for U.S. Treasury Obligations 5.79 4 750 00 8/20 5 550 Federated Trust for U.S. Treasury Obligations 5.79 5 550 00 8/28 1 380 000 General Motors Acceptance 5V4 percent commercial paper due 8/29/86 5.50 1 380 000 00 8/28 1 050 000 U.S. Treasury bills due 11/28/86 . . 5.32 1 035 912 73 8/29 400 000 General Motors Acceptance demand notes 5.70 400 000 00 8/29 300 000 Salomon demand notes 5.70 300 000 00 8/29 680 000 Southwestern Bell Telephone demand notes 5.61 680 000 00 8/29 1 000 000 U.S. Treasury bills due 1/8/87 5.18 981 373 33 8/29 1 000 000 U.S. Treasury bills due 2/12/87 5.22 976 341 67 8/29 2 260 000 U.S. Treasury bills due 10/2/86 5.04 2 249 285 09 9/4 41 000 General Motors Acceptance demand notes 5.60 41 000 00 9/5 100 000 General Motors Acceptance demand notes 5.60 100 000 00 9/5 1 000 000 U.S. Treasury bills due 1/29/87 5.31 978 911 11 9/5 1 000 000 U.S. Treasury bills due 3/19/87 5.40 971 562 50 9/5 800 000 U.S. Treasury bills due 5/14/87 5.52 770 326 22 9/8 70 000 General Motors Acceptance demand notes 5.68 70 000 00 9/8 11 000 Eli Lilly demand notes 5.58 11 000 00 9/9 52 000 Southwestern Bell Telephone demand notes 5.62 52 000 00 9/9 2 000 000 U.S. Treasury bills due 3 / 5 / 8 7 5.54 1 947 003 33 9/10 2 500 000 U.S. Treasury bills due 10/30/86 . . . . 5.00 2 482 743 06 9/10 2 500 000 U.S. Treasury bills due 11/13/86 . . . 5.04 2 477 777 78 9/11 175 000 U.S. Treasury bills due 3/19/87 . . . . 5.29 170 268 44 9/11 1 900 000 U.S. Treasury bills due 10/9/86 4.62 1 893 202 22 O n m o t i o n of Mrs. Gravenhorst, this report w a s a p p r o v e d as presented.

Agreement with Emery Air Freight, Inc., Willard Airport

(22) Negotiations have been completed with Emery Air Freight, Inc., of Vandalia, Ohio, for the use of facilities at Willard Airport for the operation of a scheduled air freight service and the operation of a ground handling service to and from Champaign, Illinois. The agreement provides for an initial term, October 1, 1986, through June 30, 1987.