Repository: UIHistories Project: Board of Trustees Minutes - 1986 [PAGE 423]

EXTRACTED TEXT FROM PAGE:

412 Date 9/5

BOARD OF TRUSTEES

Number Description Cost/Yield Amount $1 360 000 U.S. Treasury 11« percent notes due 4/30/86 9.10% $1 394 425 9/5 2 260 000 U.S. Treasury 12% percent notes due 8/31/86 8.21 2 350 400 9/5 5 260 000 U.S. Treasury 11 % percent notes due 9/30/86 7.92 5 460 537 9/9 193 000 General Motors Acceptance 7.70 percent commercial paper due 9/10/85. 7.70 193 000 9/10 193 000 General Motors Acceptance demand notes 7.90 193 000 9/11 1 000 Tenneco demand notes 8.22 1000 9/12 1 300 000 U.S. Treasury bills due 2 / 2 0 / 8 6 . . . . 7.66 1 256 919 9/12 400 000 U.S. Treasury bills due 6/12/86 7.99 377 159 9/12 1 600 000 U.S. Treasury bills due 10/17/85... 6.95 1 589 266 9/12 1 600 000 U.S. Treasury bills due 10/31/85.. 7.19 1 584 494 9/13 2 000 000 U.S. Treasury bills due 1/9/86 7.32 1 953 127 9/13 1 100 000 U.S. Treasury bills due 1/23/86 7.46 1 070 718 9/13 2 000 000 U.S. Treasury 10% percent notes due 2/15/88 9.48 2 047 500 O n motion of Mrs. Day, this report was approved as presented. SECRETARY'S REPORT

00 00 52 00 00 00 08 00 67 22 78 00 00

T h e secretary presented for record appointments to the faculty and changes of status made by the president, resignations, leaves of absence, and retirements. A copy of the report is filed with the secretary. ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD President Shepherd called attention to the schedule of meetings for the next few months: November 14, 1985, Rockford; January 9, 1986, Chicago (Annual Meeting). T h e r e is no meeting scheduled for December. There being no further business, the board adjourned.

EARL W. PORTER NINA T. SHEPHERD

Secretary

President

LUNCHEON GUESTS T h e board then adjourned for luncheon at which time it met with nine of the fourteen University Scholars from the University of Illinois at Chicago who were able to attend. T h e following were present: Professors Edwin M . Curley, philosophy; Jack L. Davis, classics; Guela Gibori, physiology and biophysics; Richard J. Jensen, social and demographic history; Dimosthenis Poulikakos, mechanical engineering; Daniel S. Smith, history; Robert V. Storti, biochemistry; Mark O . M . Tso, ophthalmology; and Robert D. Wirtshafter, psychology.