Repository: UIHistories Project: Board of Trustees Minutes - 1964 [PAGE 1307]

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1262

BOARD OF TRUSTEES

[June 17

On motion of M r . Johnston, the Committee voted to authorize the purchase of the continuous lecture center tables from Herman Miller, Inc., at a price of $7,680 These actions were taken by votes of record as follows: Aye, Mr. Clement Mr. Johnston, Mrs. Watkins, no, none; absent, none. ' The Committee adjourned.

W A Y N E A. JOHNSTON FRANCES B. W A T K I N S HOWARD W . CLEMENT, Chairman

A. J. JANATA

Clerk

INVESTMENT R E P O R T 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 (33) The Finance Committee reported the following changes in investments of endowment funds for the month of April, 1964: Cole Living Trust Sale $ 2 000 State of California California 3 per cent 11/1/85 2 000 New York City 3.60 7/1/80 2 000 Spokane S / D 81 3 1/1/85-72 Purchase Federal Land Bank 4 K per cent 2/20/78-73 $ 4 000 110 shares Pacific Gas & Electric 6 per cent 1st Pfd Dickerson Sale 276 rights American Telephone and Telegraph $ Purchase 6 shares American Telephone and Telegraph comm. J Garner Sale 6/10 share Royal Dutch Petroleum (20-G) $ Ceramic-Metal Sale 500 shares Pool Sale 1 right Purchase $ 8 000 46 shares Reactions Avnet Electronics Corporation common 8 250 08

785 80 946 00 796 80 955 00 478 75

575 80 600 00

25 20

American Telephone and Telegraph U. S. Treasury bonds 4 per cent 2/15/80 American Telephone and Telegraph comm.

1 96

$

7 860 00 4 600 00

R e p o r t of t h e C o m p t r o l l e r The Comptroller reports the following changes in investments of current and unexpended plant funds, over which he has authority as indicated: Current Funds Restricted Group (June 20, 1962) Purchase $ 297 018 67 7/30/64 $ 300 000 U. S. Treasury bills 1 000 000 00 9/29/64 First National C / D * 1 000 000 98 284 42 9/30/64 U. S. Treasury bills 100 000 489 881 94 10/15/64 Montgomery Ward Credit notes 500 000 1 000 000 00 10/30/64 1 000 000 First National C / D * Construction Funds Assembly Hall (June 23, 1959, and March 17, 1962) Purchase 8/13/64 $50000 U. S. Treasury bills * Certificates of Deposit of the First National Bank of Chicago.

$

49 424 75