UNIVERSITY OF KENTUCKY ATHLETIC ASSOCIATION
          Statement of Portfolio Changes
          For the Third Quarter, 1973



Purchase
  Date



            Net Amount
Yield      Of Purchase



FICB Bonds

Certificate of Deposit

Federal Home Loan Bank Bonds

Federal Home Loan Bank Bonds

Banks for Cooperatives Notes

FICB Bonds

Federal Home Loan Bank Bonds

Federal Home Loan Bank Bonds

      Total - Purchases



7/ 2/73

7/13/73

7/25/73

7/25/73

8/ 1/73

8/ 1/73

8/27/73

8/27/73



Maturity
Date



Sales:



Certificate of Deposit

Certificate of Deposit

      Total - Sales



7/25/73

7/27/73



7. 50%

8.38%

7. 875%

7. 875%

8. 70%

8. 65%

9. 625%

8. 75%



Yield



5. 75%

5. 75%



$     100, 000

      100, 000

      100, 000

      100, 000

      100, 000

      100, 000

      100,000

      100, 000

$     800,000



Net Proceeds
  From Sale


$     100,000

      100, 000

$     200,000



Purchases: