PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  November 5, 2005

State Treasurer Sarah Steelman’s

Weekly Office Performance Report

            JEFFERSON CITY—Below is a weekly accounting of the activities and performance of the three divisions of the Missouri Treasurer’s Office.

Investment Division (10/27/05 through 11/02/05)

            Avg. Portfolio Book Value:   $     2,862,787,016.28

            Avg. Yield:    3.327 percent.

                      (Note: does not include Oct. 31 bond earnings; calculations computed on a 30/360 day basis, the standard industry convention. Actual yield is slightly higher.)

Unclaimed Property Division (10/27/05 through 11/02/05)

            Amount Returned To Owners:      $       62,190.80

            Number of Accounts Returned:                       306

Banking Division (10/27/05 through 11/02/05)

            State Receipts:            $ 311,760,353.69

            State Disbursements:   $ 251,713,282.53

            Electronic Transfers:                     60,854

            Checks Issued:                            40,918

            Checks Cleared:                          39,673

            (Note: On Oct. 31, the state made semi-monthly payroll and made MoDOT contractor disbursements.)

As of close of business November 2nd 2005, cash balances were:

            Budget Reserve             $   228,497,595.95

            General Revenue           $   296,160,301.86*

                      *This balance includes a $200 million transfer on July 19 and a $50 million transfer on Oct. 19 by OA from Budget Reserve to General Revenue for cash flow purposes.

Contact: Mark Hughes, director of policy and communications (573) 751-7595
Email: mark.hughes@treasurer.mo.gov.
An electronic version of this release is available at:
http://www.treasurer.mo.gov/newsandevents.asp