Repository: UIHistories Project: Board of Trustees Minutes - 1974 [PAGE 471]

EXTRACTED TEXT FROM PAGE:

1974]

UNIVERSITY OF ILLINOIS

461

Per Cent 1 000 000 First National Bank of Chicago 10 per cent certificate o( deposit due 1/24/74 10.00 $1 000 000 00 500 000 Southern New England Telephone note due 9.74 493 850 69 1/28/74 990 833 33 10.09 1 000 000 Weyerhaeuser Mortgage note due 1/29/74 1 000 000 Mountain States Telephone and Telegraph note 990 500 00 9.59 due 2/5/74 490 776 04 500 000 ConnecticutLightandPowernotedue2/ll/74.. 9.81 20 000 Seaway National Bank 5}4 per cent certificate 5.50 20 000 00 of deposit due 12/30/74.. ; 20 000 Independence Bank of Chicago 6 per cent cer20 000 00 tificate of deposit due 12/31/74 6.00 500 000 Government National Mortgage Association 6J^ per cent mortgage-backed securities due 11/1/ 2003 8.48 433 750 00 Current {Chicago Circle) Sales: 242 000 00 $242 000 Associates demand notes 389 000 00 389 000 CIT Financial demand notes. . . . 4 000 00 4 000 City Products demand notes 310 000 00 310 000 Commercial Credit demand notes 112 000 00 112 000 Hertz demand notes 437 000 00 437 000 Household Finance demand notes 63 OOO 00 63 000 Sears Roebuck Acceptance demand notes Purchases: 200 000 00 8.06 $ 200 000 CIT Financial demand notes 74 000 00 8.68 74 000 Ford Motor Credit demand notes 509 000 00 8.68 1 509 000 General Motors Acceptance demand notes 108 000 00 8.47 108 000 Household Finance demand notes 662 000 00 662 000 International Harvester Credit demand notes.. 8.33 4 000 00 8.33 4 000 Sears Roebuck Acceptance demand notes 200 000 Sears Roebuck Acceptance 8 per cent note due 8.00 200 000 00 3/20/74 300 000 First National Bank of Chicago 8 ^ percent cer8.75 300 000 00 tificate of deposit due 12/1/74 Current (Medical Center) Sales: 14 000 00 f 14 000 City Products demand notes 228 000 00 228 000 Heller, Walter E., demand notes 11 000 Hertz demand notes 11 000 00 Purchases: 253 000 00 ? 253 000 General Motors Acceptance demand notes 8.68 500 000 00 500 000 Ford Motor9M percent note due 10/3/73 9.50 800 000 00 800 000 Sears Roebuck 9% per cent note due 10/4/73.. . 9.63 500 000 Montgomery Ward 9^j per cent note due 9.63 500 000 00 10/5/73 500 000 International Harvester 9}4 per cent note due 9.50 500 000 00 10/9/73 500 000 Montgomery Ward 10.30 per cent note due 10.30 500 000 00 10/30/73 500 000 International Harvester 8 percent note due 500 000 00 8.00 11/2/73 8.00 1 000 000 00 1 000 000 Ford Motor 8 per cent note due 11/5/73 500 000 General Motors Acceptance 8 per cent note due 8.00 500 000 00 11/6/73 400 000 General Motors Acceptance 8 per cent note due 400 000 00 8.00 11/7/73