# LCMS Convention Proceedings_St. Louis Missouri_1956_S687
# Machine transcription, uncorrected — CHI Digital Archive (demonstration)

eventos aiaeester cence ti eet te NER EE I et LENE AN NEMEC LRAT ATT

Diversification of Investments

January 31, 1956

PENSION FUND LLL ENDOWMENT FUND SUNDRY TRUSTS LAY RETIREMENT FUND
Type of Security Amount % of Total Amount % of Total Amount % of Total . Amount % of Total
U.S. Government -_........------ $ 8,287,201.00 40.53 $2,553,686.00 90.60 $1,487,716.00 61.88 $455,570.00 57.48
Federal Agencies ——-----.--.---- — 60,000.00 2.13 — —.
Utilities _*__. -- 9,059,000.00 44.31 150,000.00 5.32 766,000.00 31.86 267,000.00 33.69
Railroads 500,000.00 2.45 — _ 20,000.00 2.52
Industrials .-—_________-_-__--— 2,502,000.00 12.23 55,000.00 1.95 85,000.00 3.54 50,000.00 6.31
Mortgages — GI and Urban .. 98,033.32 48 — 65,514.01 2.72 — :

ee eee" — —_

Totals. ..----n---- _ $20,446,234.32 100.00 $2,818,686.00 100.00 $2,404,230.01 100.00 $792,570.00 100.00

January 31, 1955

PENSION FUND LLL ENDOWMENT FUND SUNDRY TRUSTS LAY RETIREMENT FUND
Type of Security Amount % of Total Amount % of Total Amount % of Total Amount % of Total
U.S. Government -——-—--- _.. $ 7,463,180.00 42.57 $2,763,600.00 98.22 $1,588,213.90 67.24 $443,510.00 64.42
Utilities ace 7,074,000.00 40.35 25,000.00 89 661,000.00 27,99 185,000.00 26.87
Railroads —.—.— 500,000.00 2.85 — — 10,000.00 1.45
Industrials —-..__-_-— 2,433,000.00 13.88 25,000.00 89 35,000.00 1.48 50,000.00 7.26
Mortgages — GI and Urban — 60,705.54 35 — 77,773.09 3.29 —_—
Miscellaneous ———-_--___—__-- 1.00

$17,530,885.54 100.00 $2,813,601.00 $2,361,986.99 $688,510.00

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