PRESS RELEASE Office of Missouri State Treasurer Sarah Steelman FOR IMMEDIATE RELEASE  --  January 6, 2006

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 (12/29/05 through 1/4/06)

            Avg. Portfolio Book Value:   $     2,723,551,804.38

            Avg. Yield:    3.536 percent.

                      (Note: earnings and average yield are understated because bond calculations indicated here are based on 30-day month. The 31st day of bond yield will be reflected in the next report.)

Unclaimed Property Division (12/29/05 through 1/4/06)

            Amount Returned To Owners:      $       81,197.21

            Number of Accounts Returned:                        455

Banking Division (12/29/05 through 1/4/06)

            State Receipts:            $ 484,271,644.46

            State Disbursements:   $ 194,791,991.79

            Electronic Transfers:                     60,379

            Checks Issued:                            31,843

            Checks Cleared:                          31,011

As of close of business January 4th 2005, cash balances were:

            Budget Reserve             $   331,459,148.21

            General Revenue           $   285,849,166.87*

                      *On Dec. 5, OA repaid $100 million of the $250 million (in total) that was transferred on July 19 and Oct. 19 from Budget Reserve to General Revenue for cash-flow purposes. The GR balance shown here includes the remaining $150 million from Budget Reserve.

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