THE FUND FOR ADVANCEMENT OF EDUCATION AND RESEARCH
    IN THE UNIVERSITY OF KENTUCKY MEDICAL CENTER
               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

7/1 3/73

7/25/73

7/25/73

8/ 1/73

8/ 1/73

8/27/73

8/27/73



\'Iaturity
Date



Sales:



Certificate of Deposit



7.50%

8.38%

7. 875%

7. 875%

8.70%

8.65%

9. 625%

8.75%



$     100,000

      200,000

      100, 000

      100, 000

      100, 000

      100,000

      200,000

      100, 000

$   1, 000,000



          Net Proceeds
Yield       From Sale


5.75%    $      100,000



Purchases:



7/25/73