UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION
           Statement of Portfolio Changes
           For the Second Quarter, 1973



Purchase
  Date



            Net Amount
Yield       Of Purchase



FICB Bonds

Certificate of Deposit

FICI3 Bonds

Certificate of Deposit

      Total- Purchases



Sales:



4/ 2/73

5/25/73

6/ 4/73

6/27/73



Maturity
Date



Certificate of Deposit

Certificate of Deposit

Certificate of Deposit

Certificate of Deposit

Certificate of Deposit

      Total - Sales



4/ 3/73

6/28/73

6/28/73

6/28/73

6/28/73



7.00%

7.50%

7.00%

8.25%



$   100,000.00

    300,000.00

    100, 000.00

    300,000.00

$   800,000.00



           Net Proceeds
Yield        From Sale



5.75%

5.75%

5.75%

6.75%

7.50%



$   100,000.00

   400,000.00

   300,000.00

   200,000.00

   300,000.00

$ 1,300,000.00



Purchases: