Repository: UIHistories Project: Board of Trustees Minutes - 1986 [PAGE 168]

EXTRACTED TEXT FROM PAGE:

1985]

UNIVERSITY OF ILLINOIS

157

quotations received), was sent to each member of the board in advance of the meeting. A copy is being filed with the secretary of the board for record. O n m o t i o n of M r . F o r s y t h , t h e p u r c h a s e s r e c o m m e n d e d w e r e a u t h o rized by t h e f o l l o w i n g v o t e : Aye, M r s . D a y , M r . F o r s y t h , M r s . G r a v e n horst, M r . H a h n , M r . H o w a r d , M r . L o g a n , M r . M a d d e n , M r s . S h e p h e r d , Miss S m i t h ; no, n o n e ; absent, Governor T h o m p s o n . ( T h e s t u d e n t a d v i s o r y v o t e w a s : Aye, M r . L a m m , M r . P i t t m a n ; n o , none.)

Comptroller's Monthly Report of Contracts Executed

(27) The comptroller submitted the January 1985 report of contracts. The report included contractual agreements for payments to the University and contracts in amounts up to $50,000, to be paid by the University. A copy of this report is filed with the secretary. T h i s r e p o r t w a s r e c e i v e d for r e c o r d .

Report of Investment Transactions through December 31,1984

(28) The comptroller presented the investment report as of December 3 1 , 1984. Transactions u n d e r Finance a n d Audit Committee G u i d e l i n e s Date Sales: 11/7 11/7 11/7 11/7 11/7 11/7 11/7 11/7 11/7 11/7 11/7 11/8 11/8 11/14 11/15 11/16 11/19 11/21 11/21 11/21 11/23 11/27 12/4 12/4 12/4 Number Description Cost/Yield 16 300 00 $ 12 072 69 27 633 38 8 51175 14 164 50 16 562 50 7 275 75 8 12 20 7 26 636 825 562 550 000 00 00 75 00 00 Amount 16 467 45 14 317 52 29 829 19 10 276 93 15 106 96 20 821 80 7 988 37 8 15 21 7 26 996 808 674 058 000 37 47 24 76 00

400 shares Abbott Laboratories common stock $ 400 shares American Express common stock 693 shares Exxon common stock 234 shares Florida Power & Light common stock 266 shares General Electric common stock 500 shares H.J. Heinz common stock.. . 267 shares Mobil common stock 254 shares Newmont Mining common stock 200 shares Philip Morris common stock 666 shares Pitney Bowes common stock. 200 shares Tenneco common stock $ 26 000 Merrill Lynch demand notes 1 400 shares Piedmont Aviation common stock 3 100 shares Emerson Electric common stock $ 5 000 GMAC demand notes 33 000 Merrill Lynch demand notes 11 000 Tenneco demand notes 128 000 Associates demand n o t e s . . . 30 000 Merrill Lynch demand notes 5 000 Tenneco demand notes 39 000 GMAC demand notes 1 000 GMAC demand notes 1 100 shares Hershey Foods common stock $ 202 000 Household Finance demand notes 3 600 shares Union Electric common stock

49 112 00 207 5 33 11 128 30 5 39 1 32 284 000 000 000 000 000 000 000 000 801 60 00 00 00 00 00 00 00 00 64

42 236 58 215 5 33 11 128 30 5 39 1 43 582 000 000 000 000 000 000 000 000 635 30 00 00 00 00 00 00 00 00 54

202 000 00 46 447 18

202 000 00 57 310 08