Viewing page 503 of 520

This transcription has been completed. Contact us with corrections.

SMITHSONIAN INSTITUTION

YOUNGER FUND

SALES
440 shares Lone Star Gas
300 shares May Dept. Stores

PURCHASES
100 shares Atchison, Topeka & Santa Fe
100 shares Ford Motor Co.
100 shares of Gulf Oil Co.
200 shares Phelps Dodge
100 shares Ohio Edison

The proceeds from the above sales resulted in a net gain on sale of securities of $10,082.24.

GENERAL FUND

SALES
$215,000 U.S. Treasury Bonds 3% (2-15-64)(Maturing)

PURCHASES
$215,000 U.S. Treasury Notes 3-7/8% (8-13-65)
$504,000 U.S. Treasury Notes 3-5/8% (2-15-66)

A comparison of the book and market value of the securities held in these funds on March 31, 1964, as compared with their values at the end of the calendar year 1963 as reported to the Board at the time of the annual meeting follows:

[[5 column table]]
[[fund]] | MARKET VALUE 12/31/63 | MARKET VALUE 3/31/64 | ADJUSTED BOOK VALUE | GAIN OR(LOSS) FROM BOOK
Freer | $16,338,605 | $17,212,776 | $10,736,802 | $ 6,475,974
Consol. | 7,489,287 | 7,765,203 | 6,102,574 | 1,662,329
Younger | 161,776 | 166,503 | 127,107 | 39,396
General | 2,005,690* | 2,497,890* | 2,526,548 | (28,658)
  | $25,995,358 | $27,642,372 | $19,493,331 | $ 8,149,041
[[/5 column table]]

*The additional amount shown in the 3/31/64 column under General Fund over that shown in the 12/31/63 column reflects an increase from funds made available for investment in this period.