UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1972 [PAGE 341]

Caption: Board of Trustees Minutes - 1972
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1971]

UNIVERSITY OF ILLINOIS Summary

331

Amount to be paid to the University: Chicago Circle Urbana-Champaign Total -. Amount to be paid by the University: Chicago Circle Urbana-Champaign Total

$ 14 305 493 816 *S08 121 * 17 03S 73 872 J 90 907

This report was received for record.

INVESTMENT REPORT F o r the Months of March and April 1971 Report of the Finance Committee (36) T h e Finance Committee reported the following changes in investments of endowment funds: Endowment Pool of Funds Sales: Per Cent $ 11 000 Federal Mortgage Assn. 4i4 per cent bonds due 6/12/73 $ 10 6SS 00 100 000 Federal Land Bank 5j£ per cent bonds due 7/20/76 98 750 00 700 snares Florida Power & Light common stock.. 48 440 00 100 shares Iowa Illinois Gas & Electric common stock 2 114 SO 85 shares National Lead common stock 1 880 63 16 shares Marcor common stock 556 00 2 200 shares Pfizer common stock 85 690 00 1 640 shares Phillips Petroleum common stock 52 480 00 1 300 shares Reynolds Metals common stock 37 375 00 125 shares Union Electric common stock 2 625 00 Purchases: $ 13 000 Associates demand notes 4.25 $ 13 000 00 1 700 shares International Nickel common stock 75 650 00 900 shares Kimberly Clark common stock 27 900 00 1 300 shares Pitney Bowes common stock 43 640 19 2 000 shares T R W common stock 80 368 80 Stubbins Loan Fund Purchase: $ 7 000 First National Bank of 3/17/72

Chicago C / D

due 5.50 $ 7 000 00

Report of the Comptroller T h e Comptroller reported the following changes in investments of current and unexpended plant funds, which he has been authorized to make: Current Funds Duke Russian Area Studies Purchase: $ 10 000 U.S. Treasury bills due 7/1/71 Ford Foundation General Engineering Purchase: $ 110 000 U . S . Treasury bills due 2/29/72 Restricted Group Sales: $1 000 000 Commonwealth Edison note due 4/6/71 1 000 000 Pacific Tel & Tel note due 4/9/71 2 000 000 Household Finance note due 5/3/71

Per Cent 3.51 $

9 91100

3.70

$

106 040 12

$

997 631 94 999 878 47 1 989 305 55