Proceedings of the Board of Regents (1939-1942)

108

NOVEMBER MEETING, 1939

15M Greater Greensboro School District, Guilford County, North Carolina, School
Building, 434%, dated February 1, 1929, due February 1, 1948. Sold at
106.50. Book value, $16,727.43; sales price, $15,975.00; loss, $752.43. Not
rated.
10M1 Halfway, Village of, Michigan, Water, 42 %, dated September 15, 1927, due
September 15, 1956. Certificate of Deposit. Sold at 24.75 flat. Book value,
$2,200.00; sales price, $2,475.00; profit, $275.00. Not rated.
15M\ Iredell County, North Carolina, Bridge & Road, 4/2%, dated March 15,
1927, due March 15, 1945. Sold at 101. Book value, $15,140.92; sales
price, $15,150.00; profit, $9.08. Moody's rating "Ba."
2M Johnsville-New Lebanon Rural School District, Montgomery County, Ohio,
School Site & Building, 6%, dated December 31. 1921, due March 1, 1941,
and September 1, 1941. Sold at 104. Book value, $2,131.85; sales price,
$2,080.00; loss, $51.85. Not rated.
60M Kansas City, Missouri, Trafficway Improvement and Water Works, 234%,
dated March 1, 1939, due March 1, 1972/75. Sold at 92.261. Book value,
$60,663.15; sales price, $55,356.60; loss, $5,306.55. Moody's rating "A."
11M1 Knoxville, Tennessee, State Park, 434%, dated February 15, 1927, due
February 15, 1941/42. Sold at 100.125. Book value, $11,322.24; sales price,
$11,013.75; loss, $308.49. Moody's rating "Ba."
$1,425 Livonia Township, Wayne County, Michigan, School District No. 4 of,
Interest Refunding Certificates of Indebtedness, 3%, dated November 1, 1936,
due November 1, 1946. Sold at 76. Book value, $997.50; sales price,
$1,083.00; profit, $85.50. Not rated.
5M Mahoning County, Ohio, Bridge Improvement,- Center Street Bridge No. 3,
44%, dated December 1, 1930, due October 1, 1943. Sold at 106.50. Book
value, $5,478.74; sales price, $5,325.00; loss, $153.74. Moody's rating "Baa."
9M Martins Ferry City School District, Belmont County, Ohio, Board of Education of, School Building, 5%, dated March 15, 1923, due March 1, 1941/46.
Sold at 108.75. Book value, $9,737.76; sales price, $9,787.50; profit, $49.74.
Moody's rating "Baa."
1221M It. Blanchard, Ohio, Rural School District of, School, 5%, dated September
15, 1922, due September 15, 1941/43. Sold at 106.75. Book value, $12,741.46; sales price, $12,810.00; profit, $68.54. Not rated.
20M1 Multnomah County, School District No. 1 of, Oregon (City of Portland),
434%, dated May 1, 1923, due May 1, 1943. Sold at 110.90. Book value,
$21,941.02; sales price, $22,180.00; profit, $238.98. M1oody's rating "Baa."
1M1 Oklahoma City, Oklahoma, Board of Education of, School Building, 5%, dated
January 15, 1930, due January 15, 1944. Sold at 105.92. Book value,
$1,104.89; sales price, $1,059.20; loss, $45.69. Moody's rating "A."
1M Painesville City School District, Lake County, Ohio, Funding, 5%, dated
September 1, 1919, due September 1, 1941. Sold at 104. Book value,
$1,048.21; sales price, $1,040.00; loss, $8.21. Not rated.
25MA Parma Rural School District, Cuyahoga County, Ohio, School Building, Series
"D," 5'2%, dated,March 1, 1924, due April 1, 1941/44 and October 1,
1941/44. Sold at 92.60. Book value, $18,500.00; sales price, $23,150.00;
profit, $4,650.00. Moody's rating "B."
15M Port of New York Authority, New York-New Jersey Terminal, Series "D,"
Registered, 4'4%, dated March 1, 1931, due March 1, 1960. Sold at 105.76.
Book value, $16,479.61; sales price, $15,864.00; loss, $615.61. Moody's
rating "Baa."
17M1 Rockingham County, North Carolina, Permanent Improvement Funding,
434%, dated February 1, 1925, due February 1, 1949/50. Sold at 107.50.
Book value, $18,627.96; sales price, $18,275.00; loss, $352.96. Moody's
rating "Baa."
25MI Rockingham County, North Carolina, School Building, 4%, dated July 1,
1934, due July7 1, 1952/54. Sold at 102.50. Book value, $26,758.70; sales
price, $25,625.00; loss, $1,133.70. Moody's rating "Baa."