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OFFICE OF THE SECRETARY OF THE TREASURY Daily Statement of the United States Treasury COMPILED FROM LATEST PROVED REPORTS FROM TREASURY OFFICES AND DEPOSITARIES MARCH 24, 1944 CURRENT ASSETS AND LIABILITIES GOLD ASSETS Gold(oz. 617,139,989.5) $21,599,899,631.54 O LIABILITIES Gold certificates: Outstanding (outside of Treasury) $2, 870,081, 319.00 Gold certificate fund—Board of Governors, Federal Reserve System 16, 330, 880, 886.13 Redemption fund—Federal Reserve notes fc 278, 536,128.J Gold reserve 156, 039, 430f NOTB.—Reserve against $346,681,016 of United Statea notes and $1,164,112 of Treasury notes of 1890 outstanding. Treasury notes of 1800 are also secured by silver dollars in the Treasury. Exchange stabilization fund 1, 800, 000, 000. 00 21, 435, 537, 764. 80 Gold in general fund: Balance of increment resulting from reduction in the weight of the gold dollar $143,840,249.40 In working balance. 20, 521, 617. 34 164, 361, 866. 74 Total 21, 599, 899, 631. 54 Total.. 21, 599, 899, 631. 54 SILVER ASSETS Silver (oz. 1,175,728,371.8) SUver dollars (oz. 305,234,328.9).., Total $1, 520, 133, 652. 51 394, 646,405. 00 1, 914, 780, 057. 51 LIABILITIES SUver certificates outstanding Treasury notes of 1890 outstanding Silver in general f u n d . . . . . . Total $1, 800, 006, 605. 00 1, 154, 112. 00 113, 619, 340. 51 1, 914, 780, 057. 51 GENERAL FUND ASSETS Gold (as above) $164, 361,866. 74 Silver: 113, 619, 340. 51 At monetary value (as above).* Subsidiary coin (oz. 14,747,742.5) 20, 387,409. 75 Bullion: 15, 652, 7 5 6 . 1 5 At recoinage value (oz. 12,106,428.6).. 526, 895, 302. 52 At cost value (oz. 1,122,056,524.0 a ) . . 6,910, 893. 67 Minor coin 4, 242, 393. 00 United States notes 60, 099, 382. 50 Federal Reserve notes ^. 830, 926. 50 Federal Reserve bank notes 234, 133. 50 National bank notes Unclassified—Collections, etc ..... « 15, 700,256. 58 Deposits in: Federal Reserve banks Special depositaries account of sales of 1,193, 370, 873. 00 Government securities . National and other bank depositaries: 14, 787, 399,000. 00 249,134, 818. 79 To credit of Treasurer United States.. 160, 683,150.15 To credit of other Government officers. Foreign depositaries: 23, 259, 573. 89 To credit of Treasurer United States... 50, 569, 599. 41 To credit of other Government officers. Philippine treasury: 19, 080,283.12 To credit of Treasurer United States-. Total 17, 412,431, 959. 78 LIABILITIES Treasurer's checks outstanding Deposits of Government officers: Post Office Department • Board of trustees, Postal Savings System: 5-percent reserve, lawful money Other deposits Postmasters, clerks of courts, disbursing officers, etc 2 Uncollected items, exchanges, etc $68, 049, 636.11 99, 854, 827. 28 90, 000, 000. 00 10, 703,132. 01 400,179, 762. 07 32, 789,415. 51 701, 576,772. 98 Balance today: Increment on gold (as above) 8143, 840, 249. 40 Seigniorage (silver) see note 1 618, 958, 767. 00 Working balance.... 15, 948, 056, 170. 40 16,710,855,186.80 Total :. 17, 412, 431, 959. 78 RECEIPTS AND EXPENDITURES THIS DAY Receipts: Internal revenue: Income tax Miscellaneous internal revenue Social security taxes Customs .. Miscellaneous receipts $304, 383, 240.46 10, 640, 327. 55 52, 039. 38 1, 332,144. 98 2,419,515.53 Expenditures: General: Departmental Interest on public debt. Other _ War activities Revolving funds $2, 340, 8, 035, 19,124, 238, 745, 7, 446.12 890. 82 389. 97 674. 26 241. 05 318, 827,267. 90 268, 253, 642. 22 Trust accounts, increment on gold, etc. 5, 676, 767. 93 Public debt -81, 223, 718. 59 Balance previous day 1- 16, 668, 457, 781. 67 Trust accounts, increment on gold, etc. 21, 984, 555. 80 Public debt.. 73, 092,151. 27 Balance today (see above) 16, 710, 855, 186. 80 TotaL 17,074,185, 536. 09 Total 17, 074,185, 536. 09 a 902,029,728.1 ounces of this item of silver are held by the Defense Plant Corporation, etc. -phis item of seigniorage represents the difference between the cost value and the monetary value of silver bullion revalued NoTE i and held to secure the silver certificates issued on account of silver acquired under the Silver Purchase Act of 1934 and under the President's 2?—The amount to toe credit of disbursing officers and certain agencies today was $16,455,628,083.41. 675672—44 COMPARATIVE ANALYSIS OF RECEIPTS AND EXPENDITURES MARCH 24, 1944 This month GENERAL AND SPECIAL ACCOUNTS Receipts: Internal revenue: Income tax: Withheld by employers (Current Tax Payment Act of 1943) Other ...-Miscellaneous internal revenue Social security taxes: Employment taxes Tax on employers of 8 or more Taxes upon carriers and their employees Railroad unemployment insurance contributiona. Customs Miscellaneous receipts: Proceeds of Government^owned securities: Principal—foreign obligations Interest—foreign obligations Other. Panama Canal tolls, etc Seigniorage Other miscellaneous Total receipts luct: et appropriation to Federal old-age and survivors insurance trust fund 1 Net receiptsExpenditures: I. General: Departmental (not otherwise classified) Agriculture Department: 8 Farm Credit Administration • Farm Tenant Act -. Federal Farm Mortgage Corporation Federal land banks Forest roads and trails Rural Electrification Administration War Food Administration:* Agricultural Marketing Administration.. Farm Security Administration Soil Conservation and Domestic Allotment Act Other . Federal Security Agency: Civilian Conservation Corps Social Security Board Other. Federal Works Agency: Public Buildings Administration Public Roads Administration Public Works Administration * Work Projects Administration Other Interior Department: 2 Reclamation projects National Housing Agency: Federal Housing Administration Federal Public Housing Authority Other Panama Canal Post Office Department (deficiency) Railroad Retirement Board River and harbor work and flood control. Tennessee Valley Authority Treasury Department:* Interest on the public debt Refunds of taxes and duties Veterans' Administration Subtotal. II. War activities:4 War Department Navy Department Agriculture Department Federal Security Agency Federal Works Agency National Housing Agency Treasury Department United States Maritime Commission _ War Shipping Administration Aid to China Other SubtotaL III. Revolving funds (net): Farm Credit Administration.. Public Works Administration- Subtotal IV. Transfers to trust accounts, etc.: Agricultural Marketing Administration (surplus commodity stamps) Federal contribution to District of Columbia (United States share) Government employees' retirement funds (United States share) National service life insurance fund Railroad retirement account Railroad unemployment insurance administration fund transfers to unemployment trust fund (act Oct. 10, 1940) Corresponding period last year Fiscal year 1944 Corresponding period fiscal year 1943 6, 486, 175. 75 3, 871, 656, 535. 55 312, 870,160. 18 $3, 727, 480, 008. 69 297, 850, 465. 67 $5, 929, 099, 773. 16 17, 499, 401, 943. 37 3, 866, 473, 843. 17 $9, 344, 919, 387. 95 3, 418, 760, 837. 30 3, 976, 789. 43 2, 860, 447. 39 58, 090, 348. 27 2, 836, 825. 60 33, 358, 582. 12 2, 348, 415. 12 2, 947, 357. 43 42, 327, 589. 79 2, 519, 998. 34 25, 529, 914. 79 942, 071, 902. 20 160, 606, 104. 16 187, 909, 336. 71 8, 544, 164. 63 317, 692, 333. 22 819, 241, 780. 52 140, 030, 732. 98 151, 870, 430. 43 7, 627, 060. 53 215, 119, 896. 91 326, 191. 27 1, 533, 677. 51 1,311,375.23 88, 302, 627. 14 810, 443. 34 548, 886. 35 6, 446, 723. 83 7, 089, 661. 15 87, 622. 19 146, 292. 87 80, 146, 509. 99 6, 809, 707. 31 24, 990, 647. 57 2, 259, 254, 985. 28 50, 064, 665. 24 6, 388, 486. 08 59, 440, 420. 25 214, 154, 026. 33 5, 073, 609, 735. 44 ,15, 899, 464. 50 31, 283, 235, 165. 83 14, 427, 617, 724, 52 3, 976, 789. 43 2, 348, 415. 12 921, 740, 497. 31 801, 258, 178. 08 30, 361, 494, 668. 52 13, 626, 359, 546. 44 5,. 069, 632,946.01 58, 097, 400. 65 53, 339, 061. 87 589, 750, 309. 97 516, 134, 692. 44 3, 574, 857. 46 211, 318. 78 4, 054, 232. 38 321, 292. 08 2, 631, 415. 41 503, 805. 50 309, 998. 55 235, 055. 82 a 2, 803, 146. 79 2, 496, 709. 07 5, 636, 623. 76 10, 654, 499. 09 4, 176, 301. 82 3, 040, 043. 80 19, 847, 791. 13 3, 307, 550. 61 6; 725, 301. 01 66, 483, 381. 12 3, 806, 849. 17 3, 213, 600. 33 a 2, 911, 416. 67 470, 185. 61 378, 745. 24 1, 079, 615. 28 2, 345, 447. 65 50, 923, 759. 73 16, 997, 367. 48 a 110. 49 3,007,267.40 11,052, 189.26 26,112, 281. 75 28, 089. 82 33, 793, 462. 27 (b) 80, 832, 269. 57 256, 338, 536. 66 295, 077, 251. 57 b 263, 904, 324. 34 290, 517, 220. 12 1, 546. 56 20, 873, 905. 36 4, 626, 506. 23 2, 738, 653. 29 5, 558, 671. 09 ' 397, 160. 22 163, 233. 15 a 5, 716. 57 47, 116. 61 26, 459,140. 69 3, 044, 899. 42 3, 059, 398. 60 10, 061, 646. 91 524, 228. 88 12, 552, 695. 53 a 4, 048. 24 313, 271. 19 354, 997, 459. 27 68, 125, 882. 92 a 3, 598, 647. 78 363, 449, 702. 38 61, 480, 279. 57 39, 504, 378. 19 55, 567, 276. 75 3, 419, 194. 97 16, 470, 362. 19 789, 996. 94 37, 883, 388. 18 89, 167, 164. 12 12, 418, 022. 12 273, 943, 445. 14 279, 320. 87 5, 228, 368. 94 4, 569,173. 20 39, 809, 724 86 52, 282, 230. 93 3, 050, 883. 48 359, 516. 41 1, 034, 803. 70 334, 953. 38 3, 320, 328. 59 123, 459. 84 1, 315, 690. 95 406, 251. 95 10, 301, 620. 33 551, 760. 36 10, 619, 435. 43 5, 313, 531. 99 222, 784. 93 8, 166, 207. 18 3, 227, 714. 63 8, 372, 409. 43 2, 373. 27 4, 235, 276. 43 146, 267, 215. 34 48, 896, 309. 10 1, 932, 792. 78 7, 327, 546. 81 955, 766. 28 24, 303, 215. 81 38, 617. 42 6, 016, 172. 76 139, 780, 584 86 91, 816, 139. 72 401, 499, 273. 19 35, 313, 436. 21 50, 652, 896. 88 237, 800, 373. 96 2, 830, 245. 20 46, 866, 160. 55 1, 644, 665, 813. 42 90, 733, 819. 89 450, 151, 604. 32 1, 044, 032, 069. 38 59, 090, 973. 49 425, 036, 503. 33 675,804,316.55 514, 624, 479. 94 4,185, 470, 675. 18 3, 895, 397, 550. 53 3, 096, 920,847. 22 1, 647, 266,140. 18 7,581, 351. 49 a 249, 955. 97 12, 948,286. 93 41, 640,009. 20 77, 540,608. 69 206, 021,959. 45 81, 981,429. 65 20, 000,000. 00 81,471, 460. 87 35, 672, 806, 999. 75 18, 700, 188, 473. 36 1, 493, 779, 920. 33 HI, 484, 906. 89 185, 433, 982. 50 437, 084, 778. 77 870. 30 979, 304, 908. 08 3, 041, 784, 1, 361, 298, 438. 49 701, 04V711. 47 30, 400, 164, 532. 15 13, 149, 920, 096. 56 786, 911,550. 10 116, 424, 079. 63 136, 268, 150. 62 386, 656, 611. 95 832, 195, 036. 55 1, 891, 165, 195. 92 815, 193, 169. 71 40, 050, 719. 15 548, 625, 646. 58 6, 163, 446, 907. 65 5, 273, 122, 137. 71 62, 684, 208, 989. 94 49, 103, 574, 788. 92 a 2, 008, 414 32 5, 077, 847. 44 a 401, 897. 59 a32,213,773. 32 a2,654 87 a l , 291, 962. 32 a 1, 616, 574 63 a 2, 008, 414 32 4, 675, 949. 85 a 32, 216,428. 19 a 2, 908, 536. 95 ac2,840,031. 50 70, 255, 322. 00 6, 000, 000. 00 6, 000, 000. 00 177, 321, 600. 00 25, 633, 303. 45 228, 220, 000. 00 107, 240, 800. 00 25, 361, 519. 66 180,101, 000. 00 2, 436, 024. 92 3, 453, 152, 670. 02 1, 877, 836, 860. 99 185, 184, 946. 68 6, 889, 281. 48 12, 205, 193. 08 30, 274, 517. 55 79, 885, 469. 61 303, 899, 652. 02 144, 864, 482. 07 69, 253, 834 15 3, 196, 422. 29 1, 081, 998. 67 11, 699, 700. 00 5, 973, 300. 00 3, 196, 422. 29 1, 081, 998. 67 446, 034, 571. 95 394, 931, 9.41. 66 Total expenditures (excluding public debt retirements) V* Public debt retirements (sinking fund, etc.). 6, 840, 439, 232. 17 500. 00 5, 793, 504, 566. 17 9, 300. 00 67, 283, 497, 808. 88 11, 650. 00 53, 390, 995, 744 16 3, 462, 850. 00 Total expenditures (including public debt retirements) i--. 6, 840, 439, 732. 17 5, 793, 513, 866. 17 67, 283, 509, 458. 88 53, 394, 458, 594 16 Excess of expenditures (excluding public debt retirements) Excess of expenditures (including public debt retirements) -. 1, 770, 806, 286. 16 1, 679, 953, 516. 79 36, 922, 003,140. 36 39, 764, 636, 197. 72 1, 770, 806, 786. 16 1, 679, 962, 816. 79 36, 922, 014, 790. 36 39, 768, 099, 047. 72 Subtotal. SUMMARY Excess of expenditures (excluding public debt retirements) Trust accounts, increment on gold, etc., excess of expenditures 1, 770, 806, 286. 16 1, 679, 953, 510. 79 36, 922, 003, 140. 36 39, 764, 636, 197. 72 2, 108, 676, 285. 36 469, 016, 019. 28 3, 719, 515, 666. 98 1, 584, 366,900.83 3, 879, 482, 571. 52 Total excess of expenditures Increase ( + ) or decrease(—)in general fund balance. - 2 , 444, 214, 737. 52 1, 435, 267, 834 00 ublic debt debt Increase in the gross public 183, 106, 630, 563. 98 Gross public debt at beginning of month or year. _ Gross public debt this date (see note 5) 184, 541, 898, 397. 98 Guaranteed obligations not owned by the Treasury 2, 289, 673, 772. 43 2, 148, 969, 536. 07 -716,357, 236.49 + 7,204, 289, 260. 74 40, 641, 518, 807. 34 1, 432, 612,299. 58 114,023,688, 794 63 47, 845, 808, 068. 08 136, 696, 090, 329. 90 41, 349, 003, 098. 55 + 1,684,852, 879. 44 43, 033, 855, 977. 99 72, 422, 445, 116. 22 115,456,301, 094 21 184, 541, 898, 397. 98 115,456,301, 094 21 4, 358, 182, 948. 14 2, 289, 673, 772. 43 4, 358, 182, 948. 14 119, 814, 484, 042. 35 186, 831, 572, 170. 41 119, 814, 484, 042. 35 Total gross public debt and guaranteed obligations 186, 831, 572, 170. 41 For footnotes, see pp. 3 and 4 3 COMPARATIVE ANALYSIS OF RECEIPTS AND EXPENDITURES-^ontinued MARCH 1!4, 1944 •- — i — , , This month TRUST ACCOUNTS, INCREMENT ON , GOLD, ETC. Receipts: Federal old-age and survivors insurance trust fund: Appropriations Less reimbursements to general fund Net appropriations * Interest on investments Net receipts Agricultural Marketing Administration: Sale of commodity stamps Transfers from general fund Railroad retirement account: Interest on investments Transfers from general fund Unemployment trust fund: Deposits by States Interest on investments Railroad unemployment insurance account: Deposits by Railroad Retirement Board. _. Transfers from railroad unemployment insurance administration fund (act Oct. 10, 1940) Other trust accounts Other funds and accounts: Increment resulting from reduction in the weight of the gold dollar Seigniorage Total receipts Expenditures: Federal old-age and survivors insurance trust fund: Benefit payments Investments Agricultural Marketing Administration: Redemption of commodity stamps Railroad retirement account: Benefit payments _ . Investments Unemployment trust fund: Investments „ Railroad unemployment insurance account Withdrawals by States Other trust accounts Other funds and accounts: Chargeable against increment on gold— Melting losses, etc Public Works Administration revolving fund (act of June 21, 1938) Special deposits (net) Subtotal Subtotal _ Total expenditures Excess of receipts.Excess of expenditures : ..... ... . - __«_ Fiscal year 1944 Corresponding •period fiscal year 1943 $3, 976, 789. 43 $2, 348, 415. 12 $942, 071, 902. 20 20, 331, 404. 89 $819, 241, 780. 52 17, 983, 602. 44 3, 976, 789. 43 554, 178. 13 2, 348, 415. 12 826, 643. 88 921, 740, 497. 31 3, 349, 091. 22 801, 258, 178. 08 3, 071, 802. 26 4, 530, 967. 56 3, 175, 059. 00 925, 089, 588. 53 804, 329, 980. 34 a 2, 840, 031. 50 84, 465, 404. 50 70, 255, 322. 00 94, 597. 00 237, 883. 01 237, 534. 25 1, 148, 606. 59 228, 220, 000. 00 1, 127, 095. 89 180, 101, 000. 00 16,301, 562. 34 10, 325, 801. 96 1, 006, 640, 758. 95 44, 823, 437. 49 892, 444, 047. 97 37, 973, 802. 02 25, 532, 497. 97 22, 680, 606. 29 76, 978, 891. 17 76, 827, 42i 05 72, 740, 802. 33 11, 699, 700. 00 1, 224, 015, 522. 25 ^ P 3 , 609. 02 22, 965. 24 129, 576. 62 123, 453, 943. 95 109, 277, 366. 07 3, 515, 906, 050. 10 2, 772, 534, 979. 46 189, 882. 93 15, 476, 765. 85 144, 000, 000. 00 12, 767, 687. 46 266, 000, 000. 00 132, 668, 273. 89 775, 035, 880. 00 107, 290, 054. 88 696, 800, 000. 00 1, 552. 00 9, 962, 32a 88 839, 876. 75 153, 427, 485. 93 10, 974, 782. 02 e l l , 000, 000. 00 10, 735, 455. 89 e l l , 000, 000. 00 100, 101, 016. 42 133, 000, 000. 00 96, 917, 531. 56 84, 500, 000. 00 39, 000, 000. 00 54, 045. 05 5, 415, 500. 00 103, 977, 627. 58 22, 000, 000. 00 127, 318. 51 8, 845, 000. 00 67, 130, 983. 18 1, 099, 000, 000. 00 439, 749. 42 40, 717, 500.-00 1, 120, 319, 195. 80 68, 654, 713. 67 853, 1, 152, 576, 000, 000. 564, 915. 297, 500. 984, 190. 00 49 00 44 1, 512. 56 825. 00 b 2, 820, 715. 95 b 20, 295, 610. 03 504, 936. 11 b 172, 501, 836. 65 b 38, 750. 01 b 180, 538, 371. 28 305, 080, 381. 55 366, 273, 158. 89 3, 230, 124, 591. 74 2, 542, 206, 069. 57 b 350, 000. 00 242, 900. 00 20, 400. 00 764, 550. 00 100, 000. 00 35, 392, 990. 48 d 77, 368, 800. 00 2, 592, 150. 00 114, 021, 000. 00 1, 961, 350. 00 324, 657, 000. X)0 b 59, 936, 287. 62 11,216,400.00 2, 301, 519. 05 5, 000. 00 26, 609, 225. 00 323, 599, 000. 00 8, 500, 000. 00 b 29, 290, 000. 00 7, 732, 500. 00 54, 500, 000. 00 3, 225. 00 55, 352, 000. 00 12, 400. 00 14, 575. 00 96, 769, 177. 71 b 109, 917. 25 b 4, 875, 483. 76 17, 458, 897. 07 b 25, 072, 014. 65 224, 724, 794 06 b 214, 272. 00 b 1, 457, 953. 19 17, 601, 675. 37 b 313, 571, 702. 99 489, 858, 977. 21 259, 363. 31 b 8, 264, 750. 76 25, 456, 075. 71 b 276, 497, 489. 14 271,878,935.11 6 52,051,823.50 186, 563. 86 b 101, 445, 183. 13 2,173, 369, 010. 81 6 182, 928, 375. 43 b 241, 905. 36 e 1, 505, 948,163. 59 1, 516, 524, 487. 74 224, 371, 727. 40 890, 155. 52 b 523, 956, 547. 70 1, 927, 049, 847. 76 212, 020, 226. 46 4, 005, 297, 125. 34 1, 814, 695, 810. 72 2, 232, 130, 229. 31 578, 293, 385. 35 7, 235, 421, 717. 08 4, 356, 901, 880. 29 2,108,676,285.36 469, 016, 019. 28 3, 719, 515, 66a 98 1, 584, 366, 900. 83 Transactions in checking accounts of Government agencies, etc. (net): Sales and redemptions of obligations in market (net): Guaranteed by the United States: Commodity Credit Corporation *. . 7, 000, 000. 00 Federal Farm Mortgage Corporation d 76, 631, 000. 00 Federal Housing Administration * 30, 850. 00 Federal Public Housing Authority 364, 000. 00 Home Owners' Loan Corporation 102, 475. 00 Reconstruction Finance Corporation 9, 000. 00 Not guaranteed by the United States: Electric Home and Farm Authority Federal home loan banks Federal land banks __ Federal Savings and Loan Insurance Corporation Federal National Mortgage Association.. 6, 000. 00 Home Owners' Loan Corporation 2,150. 00 Other transactions (net): Commodity Credit Corporation 6 88, 475, 78a 51 Export-Import Bank of Washington b 78, 163. 63 Federal Housing Administration.. b 530, 329. 96 Federal Public Housing Authority 1, 802, 897. 26 Home Owners1 Loan Corporation b 25, 921, 662. 76 Reconstruction Finance Corporation: * War activities _ 177, 294, 142. 58 Other _._ b 19, 601, 030. 05 309, 762. 95 Rural Electrification Administration e 1, 798, 104, 542. 88 . Other * Corresponding period last year 11, 880. 00 SUMMARY Excess of receipts ( + ) or expenditures (—): Federal old-age and survivors insurance trust -154, 945,798.29 fund » ..--« -- 1 , 552. 00 Agricultural Marketing Administration . +263, 100. 99 Railroad retirement account -2,635,484.74 Unemployment trust fund -27, 150,203.53 Other trust accounts + 2,843,499.97 Other funds and accounts Transactions in checking accounts of Government agencies, etc. (net): Sales and redemptions of obligations in -84,145,475.00 market (net) • -1,842,904,372.76 Other transactions (net) -275, 592, 628. 46 -9,867,726.88 + 502, 078. 36 + 2,034,089.74 + 5,609,819. 15 + 20,318,575.27 + 17,385,434.64 -3,679,908.25 -3,732,409.83 -14,461.81 + 103,696,326.45 + 172,126,477.16 + 239,925.46 +1, 293, 240. 57 -189,435.67 -1,816,551.83 + 50,036,239.70 + 180,765,491.66 -9,281,075.00 -202,739,151.46 -582,067,690.48 -3,423,229,434.86 -366,053,811.43 -1,448,641,999.29 - 2 , 108,676,285.36 -469,016,019.28 3, 719, 515, 666. 98 -1,584,366,900.83 Total a Counter entry (deduct). 6 Excess of credits (deduct). c Excess of redemptions (deduct). d Includes $71,895,800 of Z%% Federal Farm Mortgage Corporation Bonds of 1944-64 exchanged for Treasury obligations. (See footno ea^ P ^ j j ^ $lf 8i7,140,950 of guaranteed obligations (net of redemptions) acquired by the Treasury in exchange for certain Treasury obligations. (See footnote a on p. 4.) 1 See footnote 1 below pertaining to items on p. 2. p a Exclusive of increase of obligations of the Commodity Credit Corporation guaranteed by the United States, representing drafts or invoices paid by commercial banks for account of the Commodity Credit Corporation; also exclusive of decrease of such obligations from collections applied by commercial banks for account of the Corporation. Aggregate amounts of net increase (or decreases) of these obligations reported by Commodity Credit Corporation during fiscal year to date, $147,917,292.16. m 3 Exclusive of issues of debentures of the Federal Housing Administration exchanged for properties or mortgages and not reflected in the daily Treasury statement as cash transactions. Such issues this month amount to $194,350. < Includes transactions on account of RFC Mortgage Company, Disaster Loan Corporation, Federal National Mortgage Association, Metals Reserve Company, Rubber Reserve Company, Defense Plant Corporation, Defense Supplies Corporation, U. S. Commercial Company, and War Damage Corporation. , . . , .. _ M 6 * Notes pertaining to items on p. 2 b Daily comparativefiguresare not available on account of changes in classifications; revision is made on the last day of the month to adjust f r S C ° c Represegnts partial return of funds transferred to "Trust accounts, increment on gold, etc.—Receipts: Agricultural Marketing Administra- tiOm *!rei^ to "Social security—Employment taxes" collected and deposited as provided under sec. 201 (a) of the Social Security Act amendments of 1939 less reimbursements to the general fund for administrative expenses. Such net amount is reflected as net appropriations to the Federal old-age and survivors insurance trust fund on p. 3. a Additional expenditures are included in "Departmental," above. * Additional transactions are included in revolving funds, stated separately below.. http://fraser.stlouisfed.org/ Continued on p. 4 Federal Reserve Bank of St. Louis COMPARATIVE ANALYSIS OF RECEIPTS AND EXPENDITURES—Continued MARCH 24, 1944 This month PUBLIC DEBT ACCOUNTS Receipts: Public issues: Cash: Treasury biUs Certificates of indebtedness Certificates of indebtedness, special series-. Treasury notes Treasury notes (tax and savings series) Treasury bonds United States savings bonds: Issue price (including unclassified sales)-. Accrued discount United States savings stamps Depositary bonds Deposits for retirement of Federal Reserve bank notes Subtotal— Adjusted service bonds Excess profits tax refund bonds anges: rtincates of indebtednesstsury notes Treasury notes (tax series)-. Treasury bonds Subtotal Special issues: Adjusted service certificate fund (certificates). Unemployment trust fund (certificates) Federal old-age and survivors insurance trust fund (notes) Railroad retirement account (notes) Civil service retirement fund (notes) Foreign Service retirement fund (notes) Canal Zone retirement fund (notes) »-. Alaska Railroad retirement fund (notes) Postal Savings System (notes) Canal Zone, Postal Savings System (notes)-. Government life insurance fund (notes) National service life insurance fund (notes)-. Federal Deposit Insurance Corporation motes). Federal Savings and Loan Insurance Corporation (notes) SubtotalTotal public debt receipts Expenditures: Public issues: Cash: Treasury bills Certificates of indebtedness Certificates of indebtedness, special seriesTreasury notes Treasury notes (tax and savings series): Cash redemptions Received for taxes Treasury bonds -i United States savings bonds United States savings stamps Depositary bonds Adjusted service bonds Postal Savings bonds Other debt items National and Federal Reserve bank notes. $4, 060, 103, 000. 00 104, 000. 00 a 1, 834, 363, 400. 00 90, 483, 100. 00 ct 57, 774, 850. 00 Exchanges: Certificates of indebtedness. Treasury notes. Treasury notes (tax series)— Treasury bonds .-SubtotalSpecial issues: Adjusted service certificate fund (certificates). Unemployment trust fund (certificates) Federal old-age and survivors insurance trust fund (notes) Railroad retirement account (notes) Civil service retirement fund (notes) Foreign Service retirement fund (notes) Canal Zone retirement fund (notes) Alaska Railroad retirement fund (notes) Postal Savings System (notes) Canal Zone, Postal Savings System (notes)— Government life insurance fund (notes) Federal Deposit Insurance Corporation (notes). Federal Savings and Loan Insurance Corporation (notes) Subtotal-- Fiscal year 1944 $38, 265, 056, 000. 00 11, 739, 105, 000. 00 ~i3,~448,~666,~666.~66' 491, 000, 000. 00 a 4, 541, 652, 400. 00 171, 074, 050. 00 6, 438, 914, 350. 00 l t 500. 00 a 16, 658, 404, 350. 00 $3, 010, 805, 000. 00 Corresponding period fiscal year 1943 $19, 978, 016, 000. 00 11,161,210,000.00 15, 842, 000, 000. 00 3, 748, 628, 100. 00 5, 831, 317, 525. 00 11, 188, 933, 900. 00 456, 275, 519. 61 679, 614, 278. 76 29, 683, 327. 52 35, 660, 000. 00 40, 096, 808. 33 14, 435, 000. 00 11,913,480,284.20 141, 063, 725. 65 309, 423, 737. 56 249, 552, 500. 00 600, 000. 00 33, 494, 750. 00 35, 720, 000. 00 553, 297, 500. 00 6, 565, 047, 197. 13 17, 397, 521, 387. 09 90, 783, 372, 347. 41 76, 768, 359, 119. 31 153, 600. 00 46, 000. 00 685, 250. 00 535, 750. 00 7, 843, 84, 457, 79, 798, 065. 33 289, 253. 17 155, 775. 81 713, 000. 00 28, 686, 831. 69 30, 545, 513. 73 1, 862, 430, 500. 00 7, 035, 028, 000. 00 3, 989, 326, 500. 00 59, 523, 650. 66 1, 220, 871, 150. 00 1, 921, 954,150. 00 12, 245, 225, 650. 00 68, 313, 125. 00 18, 400, 000. 00 1, 099, 000, 000. 00 18, 500, 000. 00 813, 000, 000. 00 649, 000, 000. 00 227, 000, 000. 00 298, 634,000. 00 1, 040,000. 00 1, 195, 000. 00 175, 000. 00 345, 000,000. 00 1, 250, 000. 00 29, 571, 000. 00 556, 000,000. 00 90, 000, 000. 00 699, 000, 000. 00 179, 000, 000. 00 193, 194, 000. 00 813, 000. 00 1, 177, 000. 00 219, 000. 00 202, 000, 000. 00 1, 750, 000. 00 26, 975, 000. 00 193, 600, 000. 00 83, 000, 000. 00 39, 000, 000. 00 22, 000, 000. 00 144, 000, 000. 00 279,000,000.00 ~"i2,~634,~666.~66 35, 000, 000. 00 3,311,000.00 70, 000, 000. 00 90, 000, 000. 00 750, 000. 00 5, 700, 000. 00 34, 250, 000. 00 23, 000, 000. 00 750, 000. 00 68, 313, 125. 00 11,134,000.00 2, 100, 000. 00 299, 276, 000. 00 467, 334, 000. 00 3, 327, 399, 000. 00 2, 414, 328, 000. 00 8, 815, 117, 778. 82 17, 864, 901, 387. 09 106, 387, 227, 761. 14 79, 251, 535, 994. 31 4, 015, 282, 000. 00 1, 825, 000. 00 2, 207, 691, 000. 00 3, 026, 000. 00 12, 936, 000, 000. 00 65, 202, 100. 00 36, 982, 655, 000. 00 497, 192, 200. 00 491, 000, 000. 00 741, 879, 450. 00 13, 468, 176, 000. 00 3, 090, 412, 800. 00 15, 330, 000, 000. 00 645, 355, 650. 00 27, 520, 500. 00 Subtotal— Corresponding period iast year 48, 021, 575. 00 1, 094, 296, 300. 00 5, 266, 600. 00 216, 510, 961. 35 32, 489, 559. 20 394, 900. 00 291, 950. 00 60.00 62, 384 27 4, 784, 005. 00 9, 607, 700. 00 1, 036, 116, 325. 00 123, 500. 00 109, 245, 384. 51 39, 189, 164. 00 5, 446, 745, 794. 82 16, 408, 251, 087. 51 374, 500. 00 2, 000. 00 47, 294. 00 1, 626, 120. 00 345, 157, 675. 4,311,664, 750. 226, 085, 875. 1, 555, 753, 652. 325, 003, 331. 24, 316, 900. 4, 277, 800. 34, 020. 1, 239, 974. 47,425, 415. 00 00 00 74 05 00 00 00 27 00 72, 640, 850. 00 2, 523, 104,750. 00 2, 725, 600. 00 478, 434,392. 94 .231, 891, 883. 20 45, 000. 00 5, 729, 900. 00 32, 100. 00 1, 693, 893. 18 8, 527, 072. 00 45, 553, 686, 043. 06 35, 858, 769, 891. 32 747, 009, 900. 00 9, 161, 924, 000. 00 747, 009, 900. 00 "I,~i74,"944,~250."66 2, 336, 291, 750. 00 1, 921, 954, 150. 00 12, 245, 225, 650. 00 68, 313, 125. 00 68, 313, 125. 00 150, 000. 00 38, 000. 00 18, 593, 000. 00 18, 473, 000. 00 25, 000, 000. 00 11, 000, 000. 00 13, 000, 000. 00 11,000,000.00 24, 000, 000. 00 94, 000, 000. 00 49, 000. 00 292, 000. 00 137, 000. 00 57, 000. 00 342, 000, 000. 00 127, 200, 000. 00 94, 500, 000. 00 57, 880, 000. 00 100, 000, 000. 00 25, 000, 000. 00 253, 000. 00 147, 000. 00 24, 000. 00 105, 500, 000. 00 11, 150, 000. 00 24, 038, 000. 00 742, 508, 000. 00 290, 597, 000. 00 Total public debt expenditures - 7, 379, 849, 944. 82 16, 432, 289, 087. 51 58, 541, 419, 693. 06 36, 217, 680, 016. 32 Excess of receipts . Excess of expenditures Increase(+)or decrease(—)in the gross public debt: Public issues: Treasury bills Certificates of indebtedness Treasury notesTreasury notes (tax and savings series) Bonds Savings stamps Other debt items National and Federal Reserve bank notes..-. 1, 435, 267, 834. 00 1, 432, 612, 299. 58 47, 845, 808, 068. 08 43, 033, 855, 977. 99 +44, 821, 000. 00 -1,721,000.00 2,922,263,500.00 1,051,834,775.00 -759,334,270.05 -2,806,231. 68 -62,384.27 - 4 , 184, 005. 00 + 803,114,000.00 + 1,282,401,000.00 + 508,974,000.00 + 9,115,016,800.00 - 6 5 , 202, 100. 00 + 7,042,089,550.00 -874, 649, 975. 00 + 1,782,091,925.00 +584, 351, 394. 25 + 26,067,842,775.84 +907, 644. 33 -15,579,593.49 -47, 294. 00 -1,239,974. 27 + 31,868,630.00 -11,705,415.00 + 6,509, 840, +8, 582, 797, + 3, 103, 272, + 3, 235, 571, + 18,710, 302, + 225, 263, 693, + 544,' 770, +989, 316, 299. 58 +45, 260, 917, 068. 08 +40, 910, 124, 977. 99 SubtotalSpecial issues Total + 1,147,141,834.00 + 288,126,000.00 +443, 296, 000. 00 000. 00 200. 00 450. 00 925. 00 975. 56 892. 61 893. 18 428. 00 +2, 584, 891, 000. 00 +2, 123, 731, 000. 00 + 1, 435, 267, 834. 00 | + 1 , 432, 612, 299. 58 +47, 845, 808, 068. 08 +43, 033, 855, 977. 99 a Includes in the respective classifications $1,834,363,400 of 1M% Treasury Notes of Series A-1948, $26,906,750 of 2#% Treasury Bonds of 1956-59 and $27,766,600 of 2#% Treasury Bonds of 1965-70, exchanged for $71,895,800 of 3#% Federal Farm Mortgage Corporation Bonds of 1944-64, called for redemption on Mar. 15, 1944, $669,826,600 of 3% Federal Farm Mortgage Corporation Bonds of 1944-49 called for redemption on May 15,1944, $556,475,450 of 1 % Reconstruction Finance Corporation Notes of Series W, maturing Apr. 15, 1944, and $590,838,900 of 3% Home Owners' Loan Corporation Bonds, Series A-l944-52, called for redemption on May 1, 1944. Notes pertaining to items on p. 2—Continued 4 Additional expenditures attributable to war activities, payable from funds which have supplemented regular appropriations of the civil establishment, are included under general expenditures in group I, above. Daily comparative figures for corresponding period last year are not available on account of changes in classifications; revision is made on the last day of the month to adjust for such changes. •Includes $8,394,134,623.79 as of this date and $6,037,242,945.91 for corresponding period last year advanced to Government agencies for which their obligations are owned by the Treasury. (See footnote e, p. 3.) 6 While the title of this agency would indicate that it is a war activity, the expenditures shown under this caption for the most part are from appropriations provided to carry out various agricultural programs initiated prior to the present war. However, there are additional expenditures in connection with the war program included with those or the Commodity Credit Corporation shown under "Transactions in checking accounts of Government agencies, etc. (not)." U.S.GOVERNMENT NttNTIHS OFFICEi tt44
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