PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  November 17, 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 (11/10/05 through 11/16/05)

            Avg. Portfolio Book Value:   $     2,990,386,503.47

            Avg. Yield:    3.612 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 (11/10/05 through 11/16/05)

            Amount Returned To Owners:      $       482,047.79

            Number of Accounts Returned:                       1,121

Banking Division (11/10/05 through 11/16/05)

            State Receipts:            $ 210,986,972.24

            State Disbursements:   $ 351,588,896.19

            Electronic Transfers:                     65,441

            Checks Issued:                            45,016

            Checks Cleared:                          37,059

            (Note: Nov. 15, the state made a distribution to schools, paid state semi-monthly payroll and made MoDOT disbursements.)

As of close of business November 16th 2005, cash balances were:

            Budget Reserve             $   228,876,148.28

            General Revenue           $   401,896,140.01*

                      *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