Repository: UIHistories Project: Board of Trustees Minutes - 1972 [PAGE 487]

EXTRACTED TEXT FROM PAGE:

1971]

UNIVERSITY OF ILLINOIS

477

These reports were received for record, and copies have been filed with the Secretary of the Board.

INVESTMENT REPORT F o r the Month of October 1971 Report of the Finance Committee (21) The Finance Committee reported the following changes in investments of endowment funds: Merriam Sale: 1 964 Miller Purchase: $ 19 000 Pool Purchases: $ 47 000 5 000 Per Cent rights Northern Natural Gas $ 156 51

General Motors Acceptance demand notes

5.71

19 000 00

General Finance demand notes Household Finance demand notes

5.39 5.52

47 000 00 5 000 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 Funds Medical Service Plan (Medical Center) Sale: $ 100 000 Heller demand notes

Pi i re n ns£S *

Per Cent $ 100 000 00 5.39 5.47 97 375 00 96 062 50

100 000 Borg Warner Acceptance note due 4/19/72 100 000 Clark Equipment Credit note due 7/18/72 Restricted Group Sale: $1 000 000 Commercial Credit note due 10/29/71 Purchnscs * $ 300 000 Beneficial Finance note due 1/17/72 1 000 000 North American Rockwell note due 2/2/72 1 000 000 Burroughs note due 2/4/72 1 000 000 First National Bank of Chicago 5 pi per cent C / D due 2/29/72 1 000 000 Bell and Howell note due 3/3/72

$

999 027 78 5.59 5.60 5.60 5.35 5.62 295 370 83 982 125 00 9 8 1 8 1 9 44 1 0 0 1 9 3 3 07 978 305 56

Trust Benefit Fund Purchase: $ 65 000 Federal National Mortgage Association note due 4/5/72 5.08

Plant Funds Art Objects Purchase: Per Cent $ 6 200 First National Bank of Chicago 5% per cent C / D due 11/1/73 5.75 $

63 364 44

6 200 00

This report was received for record. SECRETARY'S REPORT The Secretary presented for record appointments to the faculty made by the President; resignations and cancellations; leaves of absence and retirements. A copy of the report is filed with the Secretary.