UIHistories Project: A History of the University of Illinois by Kalev Leetaru
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Repository: UIHistories Project: Board of Trustees Minutes - 1974 Version B [PAGE 182]

Caption: Board of Trustees Minutes - 1974 Version B
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174

BOARD OF TRUSTEES

[February 21

INVESTMENT REPORT F o r the Months of N o v e m b e r and December, 1972 Report of the Finance Committee (25) The Finance Committee reported the following changes in investments of endowment funds: Beck Sale: $2 000 CIT Financial demand notes Purchase: $12 000 International Harvester Credit demand notes Beckwith Sale: $1 000 Associates demand notes Kinley Purchase: $2 000 Associates demand notes Pool

P l i r f n3.SGS *

Per Cent 5.52 $ 5.39

2 000 00 12 000 00

5.66

1 000 00

5.39

2 000 00

$ 4 000 Associates demand notes 5 000 Commercial Credit demand notes 15 000 Ford Motor Credit demand notes 150 shares International Business Machines common stock Rust Purchase: $13 000 International Harvester Credit demand notes

5.66 5.52 5.39

4 000 00 5 000 00 15 000 00 58 237 50

5.39

13 000 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 Fundi Medical Service Plan (Medical Center) Sales: Per Cent $ 12 000 Hertz demand notes 5.52 $ 98 000 International Harvester Credit demand notes.. 5.39 29 000 Standard Oil of Indiana demand notes 5.52 1 000 000 Burroughs note due 7/20/73 5.71 Purchases: $ 29 000 Commercial Credit demand notes 5.52 12 000 General Motors acceptance demand notes 5.39 1 000 000 Borg Warner note due 7/20/73 5.71 Restricted (Chicago Circle) 500 000 Hertz demand notes 1 100 000 Standard Oil of Indiana demand notes Purchases: $ 500 000 Associates demand notes 1 300 000 Commercial Credit demand notes 500 000 Hertz demand notes 1 100 000 Standard Oil of Indiana demand notes Restricted (Medical Center) Sales: $200 000 Associates demand notes 134 000 General Motors Acceptance demand notes 450 000 Hertz demand notes 866 000 Household Finance demand notes $ 5.52 5.52 5.39 5.66 5.52 5.52 500 000 00 1 100 000 00 500 1 300 500 1 100 000 000 000 000 00 00 00 00

12 98 29 968

000 000 000 680

00 00 00 56

29 000 00 12 000 00 968 680 56

5.39 5.39 5.52 5.39

200 134 450 866

000 000 000 000

00 00 00 00