Repository: UIHistories Project: Board of Trustees Minutes - 1974 [PAGE 556]

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546

BOARD OF TRUSTEES Summary

[April 17

Amount to be paid to the University: Chicago Circle Urbana-Champaign Total Amount to be paid by the University: Medical Center. t/rbana-Champatgn. . . Total

* 14 000 1 220 i l l *1 234 511 ......... ........... * $ 59 701 13 785 73 486

This report was received for record.

INVESTMENT REPORT For the Month of February, 1974 Report of the Finance Committee (23) The Finance Committee reported the following changes in investments of endowment funds: Pool Purchase: Per Cent $4 000 Household Finance demand notes 7.39 $ 4 000 00 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 Group Restricted Fund, Purchases: Per Cent $1 000 000 Mountain States Telephone and Telegraph note due 2/21/74 8.14 $ 998 420 14 2 000 000 First Chicago note due 2/22/74 8.13 1 998 645 83 350 000 VirginiaElectric&Powernotedue3/14/74 8.44 347 150 17 500 000 Pacific Telephone&Telegraphnotedue3/19/74 8.33 495 416 67 500 000 PacificTelephone&Telegraph notedue3/19/74 8.20 495 598 96 1 000 000 Commonwealth Edison note due3/25/74 8.20 991 423 61 1 000 000 Detroit Edison note due 4/1/74 8.19 992 100 69 1 000 000 Liggett & Myers note due 4/2/74 8.44 992 322 92 1 000 000 Continental Illinois National Bank $% per cent certificate of deposit due 5/31/74 8.72 1 002 176 56 Current (Chicago Circle) $ 36 56 41 167 300 000 000 000 000 000 Associates demand notes CIT Financial demand notes City Products demand notes Household Finance demand notes First National Bank of Chicago 8.65 per cent certificate of deposit due 4/1/74 7.79 $ 36 7.39 56 7.39 41 7.39 167 8.65 000 000 000 000 00 00 00 00

300 000 00

Assembly Hall Sinking Funds Purchases: Per Cent S130 000 U.S.Treasury billsdue3/21/74 6.50 $ 355 000 U.S. Treasury bills due 9/24/74 6.82 80 000 U.S.Treasury 5% percent notesdue8/15/75 6.60 Bend and Interest (Chicago Circle) Purchase: $305 000 U.S. Treasury bills due 8/27/74 7.00 $ Housing Revenue Bonds Purchases: $730 000 U.S. Treasury bills due 3/21/74 5.99 f 124 000 U.S. Treasury 6*4 percent notes due 2/15/76... 7.05

129 206 94 340 728 55 79 203 00

293 905 63 725 656 50 122 256 25