Napoleon Series Archive 2015

Re: Sir Sidney Smith in Texas.
In Response To: Re: Sir Sidney Smith in Texas. ()

In 1900, the Texas Permanent University Fund earned approximately $40,000, mostly from grazing leases; by 1925, income had increased to $2,000 per day (about $700,000 per year), and by 1943 was just under $1 million per year. In the late 1950s, the PUF earned about $8,513,000 per year and was valued above $283,642,000; in 1990, the PUF was valued at $3,541,314,800 and earned $266,119,000 in income. Currently, PUF land assets deliver proceeds through oil, gas, sulfur, and water royalties, rentals on mineral leases, and gains on fiduciary investments. As of December 2008 figures, the PUF holds approximately $8.8 billion in investments and 2,100,000 acres (8,500 km2) of land located in 21 counties, mostly in West Texas.

Messages In This Thread

Sir Sidney Smith in Texas.
not referenced in any biography
Re: Sir Sidney Smith in Texas.
Re: Sir Sidney Smith in Texas.
Re: Sir Sidney Smith in Texas.