Repository: UIHistories Project: Board of Trustees Minutes - 1970 [PAGE 798]

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798

BOARD O F T R U S T E E S

[February

18

Summary

Amount to be paid to the University: Medical Center Urbana-Champaign Total , tl93 469 577 186 $770 655

T h i s report w a s received for record. INVESTMENT R E P O R T F o r t h e M o n t h of D e c e m b e r , 1969 R e p o r t of t h e F i n a n c e C o m m i t t e e (25) The Finance Committee reported the following changes in investments of endowment funds: Beckwith Purchase: $ 7 000 Goldberg Purchase: $ 2 000 Pool Sales: $ 93 000 75 000 2 272 2 000 Purchase: J 80 000 Per Cent 7.20

U.S. Treasury bills due 5/31/70

$

6 793 36

Walter E. Heller demand notes

2 000 00

Associates Investment demand notes Commercial Credit demand notes shares Cincinnati Gas and Electric common stock rts Mortgage Trust Company Commercial Credit demand notes

J 93 000 00 75 000 00 59 640 00 7 82 $ 80 000 00

R e p o r t of t h e C o m p t r o l l e r 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 Medical Service Plan (Medical Center) Purchases: $ 55 000 First National Bank demand notes 50 000 U.S. Treasury bills due 3/26/70 235 000 Jim Walter notes due 4/15/70 150 000 Colorado Interstate note due 7/10/70 Restricted Group Sale: $1 000 000 Atlantic Richfield note due 2/9/70 Purchases: $ 500 000 Commodity Credit 8 H per cent notes duel/15/70 1 000 000 Atlantic Richfield note due 2/9/70 1 000 000 Atlantic Richfield note due 2/9/70 1 000 000 Stokely Van Camp nbte due 2/16/70 500 000 Colorado Interstate note due 2/18/70 1 000 000 Standard Oil of Indiana note d u e 3 / 3 / 7 0 1 000 000 Cargill note due 3/4/70 500 000 Republic Steel note due 3/16/70 500 000 Amoco Credit note due 4 / 1 / 7 0 500 000 Colorado Interstate note d u e 4 / 1 / 7 0 1 000 000 Caterpillar Tractor note d u e 4 / 3 / 7 0 1 000 000 Avco Delta note due 4 / 6 / 7 0 Per Cent 5.60 9.03 8.90 J 55 49 227 140 000 076 688 613 00 36 99 02

986 500 00 8.59 9.13 9.22 9.03 8.90 8.82 8.93 9.19 9.24 9.24 9.35 9.48 500 986 989 982 491 978 979 489 486 486 975 975 000 00 250 00 86111 003 47 493 06 437 50 583 33 750 00 875 00 875 00 920 14 333 33