State Investment Council Files,, 1950-1956

Summary: Documents the meetings and activities of the New Jersey State Investment Council (NJSIC), to which Mary G. Roebling was appointed in 1950 and for which she served as secretary until her resignation on April 23, 1956. Includes minutes of the NJSIC's meetings, monthly statements of bond purchases, and monthly reports of financial profits and losses on securities. Also contains quarterly reports and yearly reports compiled by the NJSIC, correspondence and a lengthy 1951 report on the policies of the State Investment Council.

The State Investment Council was organized in August, 1950, as part of the Division of Investment of the New Jersey Department of the Treasury. Members were appointed by the Governor, with Gordon S. Kerr serving as director until June, 1956, when William F. Voorhees, Jr. was appointed to act in that capacity. Through 1953, the NJSIC's fiscal year ended on November 30th. Beginning with its fourth annual report, NJSIC's fiscal year coincided with the State's fiscal year of July 1st through June 30th. After August, 1953, there are few if any quarterly reports in the files. Of particular interest to the researcher may be the folder relating to quarter September-November 1950, which details the organization of the NJSIC.

GENERAL FILES