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Caption: Board of Trustees Minutes - 1958
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1957] UNIVERSITY OF ILLINOIS I05I 1956, but is a report of funds turned over to the University by the Foundation during this period. This report was received for record. REPORTS OF BOARD COMMITTEES The Board took up consideration of the following reports and recommendations from its Committees. INVESTMENTS Mr. Swain, for the Finance Committee, reported the following changes in investments of trust funds: Endowment Funds—General Sale Twelve shares of Public Service Company of Indiana common $ 404 Forty-five shares of Commonwealth Edison Company 1 731 One share of Hammermill Paper Company 4% Cumu. Pfd 87 Eight shares of El Paso Natural Gas 4.10 Cumu. Pfd 637 Twenty-nine shares of American Tobacco Company common 2 078 Twenty-six shares of Swift and Company capital 791 Sixteen shares of J. C. Penney common I 256 Two shares of Virginia Electric and Power Company 5 Pfd 194 Thirteen shares of Northern Illinois Gas Company common 218 One share of Montgomery W a r d Class "A" 139 Six shares of Household Finance Corporation 354 Pfd 433 Nine Shares of Marshall Field 4% Cumu. Pfd 705 Eight shares of Burlington Industries 4 Pfd 510 Purchases $ i.SOO U. S. Treasury, 2}/2 per cent, due August 15, 1963 $ 1 398 30,000 American Telephone and Telegraph, 5 per cent, due November 1, 1983 30 438 8,000 American Telephone and Telegraph, 5 per cent, due November 1, 1983 8 380 64 84 94 20 46 ' 28 63 29 19 89 64 58 18 75 30 00 R e p o r t of C o m p t r o l l e r Men's Residence Halls Revenue Bond Fund of 1957 — Construction (Authorized by Board of Trustees resolution dated May 28, 1957) Purchase $532,000 U. S. Treasury bills, due January 2, 1958 $530 900 5 2 Dentistry-Medicine-Pharmacy Building Revenue Bond Funds — Construction (Authorized by Board of Trustees resolution dated March 18, 1951, minutes page 632) Purchases $10,000 U. S. Treasury bills, due August 8, 1957 $ 9 928 00 10,000 U. S. Treasury bills, due November 29, 1957 9 958 75 10,000 U. S. Treasury bills, due December 12, 1957 9 948 44 10,000 U. S. Treasury bills, due December 26, 1957 9 937 00 Dentistry-Medicine-Pharmacy Building Revenue Bond Funds — Auxiliary (Business Manager of Chicago Departments authorized by Board of Trustees at meeting of December 16, 1953, minutes page 1191) Purchases $ 50,000 U. S. Treasury bills, due June 27, 1957 $ 49 803 08 100,000 U. S. Treasury bills, due August I, 1957 99 312 00 This report was received for record. THE UNIVERSITY OF ILLINOIS STATUTES Mrs. W a t k i n s submitted the following r e p o r t : The Special Committee on Revision of the University of Illinois Statutes recommends adoption of the General Rules Concerning University Organisation
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