policies of seven IHL. As we said elsewhere, the distribution among large
categories--e.g., stocks, bonds, real estate--does not vary nearly so much
as in the earlier part of the century. But striking contrasts are to be found
in the distribution among industries. Thus a comparison of MIT and Harvard, both in Cambridge,2 is given in Table 41-1.
Per Cent Investments in Common Stocks
|Banks and insurance||8||15|
The analysis in this chapter was prepared by
Saul Hymans, now of the University
of California and formerly my research assistant, and is based on studies of investments since 1929 in the following IHL: Brown, Chicago, Dartmouth, Harvard, MIT, Princeton, Wesleyan.
Material in this chapter comes from treasurers' and comptrollers' financial reports
of the seven IHL.
Questia, a part of Gale, Cengage Learning. www.questia.com
Book title: Higher Education:Resources and Finance.
Contributors: Seymour E. Harris - Author.
Place of publication: New York.
Publication year: 1962.
Page number: 495.
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not be further copied, distributed or transmitted in any form or by any means.