Repository: UIHistories Project: Board of Trustees Minutes - 1974 [PAGE 112]

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102

BOARD OF TRUSTEES INVESTMENT REPORT

[October 18

For the Months of Jane, July, and August 1972 Report of the Finance Committee (17) The Finance Committee reported the following changes in investments of endowment funds: Beckivilk Purchase: Per Cent ?276 000 Federal Intermediate Credit Banks 4.80 per cent debentures due 3/1/73 4.66 ? 276 381 81 Goldberg Purchase: $49 000 Federal Intermediate Credit Banks 4.80 per cent debentures due 3/1/73 4.66 49 067 77 Milter Sales: ?2 000 Commercial Credit demand notes 4.47 2 000 00 1 000 shares Babcock and Wilcox common stock 27 654 43 1 400 shares Central and Southwest common stock 58 659 20 1 600 shares Champion International common stock. . . . 37 541 24 2 600 shares Mead common stock 38 838 50 600 shares Northern Illinois Gas common stock 15 750 00 2 700 shares Southern Pacific common stock 122 026 03 Pu rch ases * $40 000 Commercial Credit demand notes 4.47 40 000 00 25 000 General Electric demand notes 4,73 25 000 00 1 000 shares Dover common stock 52 912 75 1 200 shares Masco common stock 70 966 90 900 shares Pepsico common stock 79 599 85 Pool Exchange: ?195 000 U.S. Treasury 4 per cent bonds due 8/15/72 for 195 000 U.S. Treasury b% per cent bonds due 8/15/84. S10 12 36 25 25 000 000 000 000 000 Associates demand notes CIT Financial demand notes Commercial Credit demand notes Household Finance demand notes General Motors Acceptance45i percent notedue

7/28/72

4.60 4.60 4.87 4,87

4.63

10 12 36 25

000 000 000 000

00 00 00 00

25 000 00

Rust Purchases: J135 000 Federal Intermediate Credit Banks 4.80 per cent debentures due 3/1/73 85 000 U.S. Treasury bills due 7/31/73 Wallace Exchange: $3 000 U.S. Treasury 2J^ per cent bonds due 9/15/72 for 3 000 U.S. Treasury 6% per cent bonds due 8/15/84.

4.66 4.93

135 186 75 80 923 66

Report of the Comptroller The Comptroller reported the following changes in investments of current and unexpended plant funds, which he has been authorized to make: Current Funds Ford Foundation General Engineering Purchase: $25 000 U.S. Treasury bills due 10/5/72

Per Cent 3.47 $

24 768 72