Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 188]

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178

BOARD OF TRUSTEES

[January 15

Report of Investment Transactions through December 15, 1986

(21) The comptroller presented the investment report as of December 15, 1986. Date Number Description Cost/Yield Amount

Transactions under Finance and Audit Committee Guidelines

Sales: 10/20$ 10/20 10/204 10/20 $ 10/20 10/22 1 10/23$ 10/24 10/27 10/29 10/29 10/30 11/3 11/4 11/10 11/13 11/13 11/13 11/13 11/13 13 000 Exxon Pipeline 9 percent bond due 10/15/04 $ 13 063 70 $ 13 000 00 600 shares General Motors common stock 33 952 55 40 387 65 000shares Schlumberger common stock 163 565 80 131 755 60 38 000 Quaker Oats demand notes . . 38 000 00 38 000 00 1 175 000 U.S. Treasury 9% percent notes due 5 / 1 5 / 8 8 1 158 824 43 1 238 523 44 250 shares Essex Chemical common stock 28 843 02 29 455 27 121 000 Quaker Oats demand notes . . 121 000 00 121 000 00 24 000 Quaker Oats demand notes . . 24 000 00 24 000 00 3 000 Southwestern Bell Telephone demand notes 3 000 00 3 000 00 4 000 Southwestern Bell Telephone demand notes 4 000 00 4 000 00 1 675 000 U.S. Treasury 9% percent notes due 5 / 1 5 / 8 8 1 651 941 20 1 763 199 22 127 000 Salomon demand notes 127 000 00 127 000 00 100 shares Pacific Telecom common stock 1 130 58 1 375 00 900 shares Pacific Telecom common stock 32 786 83 39 150 00 5 000 Eli Lilly demand notes 5 000 00 5 000 00 100 shares Chevron common stock 45 001 57 48 871 36 800 shares Centex common stock 57 150 70 65 796 80 900 shares Kellwood common stock 33 883 65 67 552 24 200 shares Norwest common stock 31 817 05 44 614 51 800 shares Republic New York common stock 22 309 33 41 642 61 000 shares Schlumberger common stock 204 457 25 167 144 41 300 shares NBI common stock 53 064 00 25 815 03 800 shares Centel common stock 90 624 99 103 856 53

2 $ 1 1 1 1

11/13 5 11/14 3 11/21 1

Purchases: 10/20 10 800 shares Intel common stock 0% $ 210 600 00 10/20 $ 1 000 000 U.S. Treasury 1114 percent notes due 5/15/95 7.87 1 224 375 00 10/22 57 000 Eli Lilly demand notes 5.77 57 000 00 10/23 2 100 shares Consumer Power common stock 0 29 001 00 10/23 3 800 shares Gulf States Utilities common stock . . 0 28 728 00 10/23 400 shares Long Island Lighting common stock 0 4 408 40 10/23 3 500 shares Public Service New Hampshire common stock 0 3 1 2 7 2 50 10/23 1 600 shares Public Service Colorado common stock 11.39 28 096 00 10/24 2 100 shares Long Island Lighting common stock 0 23 205 00 10/24 100 shares National Health common stock 89 2 243 50 10/27 100 shares National Health common stock 89 2 243 50 10/28 200 shares National Health common stock 90 4 450 00 10/30 $ 1 500 000 U.S. Treasury 11W percent bonds due 11/15/95 7.66 1 890 000 00 11/3 2 000 Salomon demand notes 5.79 2 000 00 11/4 200 shares National Health common stock 88 4 500 00 11/4 $ 35 000 Quaker Oats demand notes 5.46 35 000 00 11/10 200 shares National Health common stock 88 4 537 00 11/13 3 800 shares General Re common stock 1.65 201 935 80 11/13 1 800 shares International Business Machines common stock 3.58 22130100