Full text of Treasury Bulletin : April 1957
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LIBRARY
JAN
3
1958
TREASURY DEPARTMENT
L?BRARY
JUH
7,
3 1972
TREASURY DEPARTMENT
TREASURY DEPARTMENT
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON
25. D.C.
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S
TAT
E S
SAVINGS
BONDS
WEASURY.
EUILMFm
RPRIL-ia57
UNITED STATES TRERSURV DEPRRTMENT
DFFICE DF THE SECRETBRV
The Treasury Bulletin is for sale by the
Superintendent of Documents,
U. 3. Crovernment Printing Office, Washington 25, D. C.
Subscription per year $5.00 domestic, $6.25 foreign.
Single copy price varies.
April 1957
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Budget receipts and expenditures
2
Trust account and other transactions
6
Cash Income and outgo
10
Debt outstanding and Treasurer's account
l6
Statutory debt limitation
20
Debt operations
21
United States savings bonds
29
Ownership of Federal securities
33
Treasury survey of ownership of Federal securities
35
Market quotations on Treasury securities
39
Average yields of long-term bonds
H-2
Internal revenue collections
44
Monetary statistics
kj
Capital movements
51
Corporations and certain other business-type
activities - statements of financial condition
and loans by type
63
Cumulative table of contents
89
Note:
Where calculations have been made from unrounded
figures, the details may not check to the totals
shown.
Treasury Bulletin
II
,^
Reporting Bases
The daily statement on the new basis was first issued for
Data on receipts, expendlturee, and debt «hlch appear in the
Treaaury Bulletin* are baeed largely on two Treaeupy financial
reports
,
the
"Dally Statement of the United States Treasury" and
February 17,
195!*.
In the deposits and withdrawals as shown,
no
distinction Is made as to the type of accounts (budget, trust,
the "Monthly Statement of Receipts and Expenditures of the
United States Oovernment. " Certain monetary atatletlce are based
etc.
at least in part on the •Circulation Statement of United States
Total withdrawale are on the basis of checks paid or cash dis-
Money."
Where these statements are given
dividual tables,
they are cited by name only.
reporting bases are deeorlbed below.
as
sources for inTheir respective
For other data in the
Bulletin, information on sources or reporting bases is given in
).
The deposits are on the basis of certificates of deposit
cleared through the account of the Treasurer of the United States.
bursements made out of the Treasurer's account.
Some of the
withdrawal classifications shown are reported on the basis of
mailed reports of checks Issued and are adjusted by means of
clearing accounts to the total of checks paid. Except for
relatively minor amounts, noncash interfund and other intra-
eonneotion with the tablee themselves.
govemmental transactions are excluded.
The nonthly statement of receipts and expenditures was first
published for February
195'*»
^u^d
replaced the daily statement ae
the primary source of information on budget results and other
receipt
and expenditure data classified by type of account.
At the eame time,
The public debt figures
In the dally statement also are on a "clearance" basis, with the
exception of those issuance and retirement transactions reported
on the basis of telegrams from Federal Reserve Banks.
Noncash
debt transactions are Included, however.
the dally statement was changed to a statement
of cash deposits and withdrawals affecting the account of the
The dally statement before February 17,
195**!
covered not
Treasurer of the United States.
Both publications have provided
comparative figures on their respective bases from the beginning
only tranaactlone cleared through the Treasurer's account but
The announoement of Fetruary I7, 195'*»
through commercial bank accounts, and included noncash interfund
and other intragovemiiental transactions. It provided information
of the fiscal year I953.
with respsct to thess reporting changes may be found in the
April I93U issue of the Bulletin.
also certain Oovemment agency transactions which were handled
similar to that in the present dally statement with respect to the
status of the Treasurer's account,
of the Government,
present
and similar to that in the
end-of-month
including those made from cash accounts held
daily statement with respect to debt
issuance, retirement, and amount outstanding.
Receipts and
The information is compiled
expenditures, however, were classified by type of account, and
The monthly statement ehows all receipts and expenditures
outside the United States Treasury.
from reports by the Treasurer of the United States and by ail
the budget results shown in the dally stateoent were used aa the
other collecting and disbursing agencies, including those agenoiea
basis for reflecting the results under the President
which maintain checking accounts in commercial banlis.
These
reports cover transactions recorded in the accounts of the
agencies during the reporting period. The net of the transactions as compiled from these reports is reconciled in the
monthly statement to changes in the balance in the Treasurer'e
account and in cash held outside the Treasurer's account and
changes in the public debt outstanding.
'e
bud£:et
progras as enacted by the Congress.
Receipts were on the baele of deposits as they cleared the
Treasurer's account. Expenditures desired through the Treasurer's
account were reported on two successive bases.
Through 19U6 they
were on the basis of checks paid by the Treasurer of the United
States.
Beginning with 19'^7i expenditures made through the
facilities of the Treasury Departrrent's Division of Disbursement
Receipts of taxes and customs duties are reported on a
collections basis.
Other receipts are reported partially on a
collections basis and partially on a deposits basis. Expenditures,
except interest on the public debt, are reported on the basis of
oheolts issued or cash payments made by disbursing officers.
Transactions of an Interfund or intragovernjnental nature are
included on the same basis even though the actual issuance of
checks may not be involved.
Interest on the public debt is in-
cluded on an accrual basis beginning with figures for June 1955
and the fiscal year 1955* Prior to that, it was Included on a
due and payable basis.
The same reporting baels as that in the
monthly statement provides the fiscal year figures for the
Treasury's 'Combined Statesent of Receipts, Expenditures and
Balances of the United States Oovemment" and for actual receipts
and ejqwndituree in the "Budget of the United States Oovernment .
were on the basis of checks issued, while certain others,
prin-
cipally those of the Department of Defense and Ite predecessor
organizations, were on the basis of checks paid. Transaotione
handled through commercial bank accounts, consisting of market
transactions In public debt and guaranteed securities, were as
reF>orted by the agencies.
Interest on the public debt was In-
cluded on a due and payable basis beginning with November
13^
and on a checks-paid basis prior to that time.
The circulation statement reflects transactions through the
Treasurer's account which affect monetary etooke of gold and
silver and the amounts of coin and currency in the money supply
of the country.
It Is issued later than the dally stateaent,
however, and the figures are based on transactions coneuoaated
during the reporting period even though some may not have
cleared the Treasurer's account during that period.
u-il
A-i
1957
Treasury Financing Operations
Treasury Bills Again Increased
New weekly 91-day bills totaled $6.2 billion In March.
refunded maturities totaling %G.h billion and provided
of cash.
H.g
The first two issues,
dated March
7
^0.14-
They
billion
and ih, were for
billion each, $0.2 billion In excess of the Issue maturing.
The last two issues refunded the maturities in the equivalent amounts
of $1.6 billion each.
Beginning with the issue of January 31 thro\;gh
the issue of March lU increases for cash totaled $1.1 billion.
Average rates of discount on the new issues were 1).2^ percent for
March
7;
3.239 percent for March
3.034- percent for
Note:
l4^;
3.014-1
percent for March 21; and
March 22.
Detaila of Treasury market financing operations are shown elsewhere In
this Issue of the "Treasury Bulletin," In the tables
on
"Offerings,"
"Allotments," and "Disposition," respectively, of marketable Issues of
bonds,
notes,
and
certificates of
"Offerings of Treasury Bills."
Indebtediicas,
and In
the table
i
{957
I.pril
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In mllllans of dollars)
Budget receipts and expenditures
Net
receipts
i/
yiBcal yeara
1915
19U6
39,771
39,786
I9U8
Ul.l^
19't9
37,696
36,U95
1955.
1956.
'
1A,1»75
i.'^l
W53.
'
2/
Surplus,
or
deficit
2/
(-)
Net
Increase
In
public
debt, or
decrease
S/3/
(-)
LevelB, end of period
Net
Increase In
Debt outstanding
Treasurer's
Treasurer'saccount
Total
balance, or account
Public
Guaranteed
Federal
decrease {-) balance
debt
securities
eecxnrlties
1957 (Brt.)
1958 (EBt.)
Calendar jrearar
98,1.16
6o,W.fi
-53,91.1
-20,676
-521.
39,032
33,069
39,507
75".
-1,103
1.78
1,62".
-1,".62
3,1.70
y
20
29
1.76
90
73
27
259,115
269,898
258,376
252,366
252,798
268,671
268,932
257,377
255,251
259,151
266,123
256,652
254,567
258,507
265,522
270,790
257,'.91
251,5te
252,028
99
679
1.83
".,587
2,0"»7
-21".
11.7
-1«31
7l.,27"i
-9,1.1.9
1.35
61.,655
67,772
-3,U7
328
-250
-303
-2,135
3,883
6,966
5,189
1,839
-388
-2,299
2,096
6,766
257,357
255,222
259,105
266,071
271,260
60,390
68,165
61., 570
-It, 180
231
281.
6,216
2711,37'.
66,5110
-1911
522
3,115
-1,623
-551
1,626
331
6,51.6
272,751
7'.
272,825
273,915
272,361
70,628
73,620
68,000
71,807
1,7?8
1,813
-?31i
101
-2,151
-51.6
-370
-1.3
-1,1.00
6,000
6,000
270,600
269,200
120
155
270,720
269,355
270,270
268.925
1.3,678
87,271
-1.3,591.
362
-18,966
258,551.
-lU35
5,2Ul
-3,592
199
-2,21.9
-l.,100
1,111
l.,208
231.
".,331
1.71
".,679
256,900
252,800
257,130
567
339
81
55
30
259,1.87
-2l«)
26,003
3,502
3,097
288,559
-2,512
3,767
-22,502
278,682 6/
1.1,060
-123
-1,386
-350
-229
-502
278,115
38,568
-W.7
62
1,770
".,232
l.,295
256,708
259,1.19
6,061.
l.,577
267,391
275,168
278,750
280,769
276,628
37,51"'
1.1,106
1950.
1951.
1952.
1953.
37,306
52,979
37,728
56,337
70,682
72,997
61(,81tO
63,81.1
61,171
63,358
70,99lt
2,765
.,731.
5,1.98
October..
Horember..
December.
2,692
It, 662
1956 -January...
February.
U,681»
l.,889
2,1.3".
259,11.9
52
81
2711,1.18
256,127
252,057
257,160
256,1.13
21.
256,731
256,026
1«
5".
259,'.6l
267,1.45
266,821
76
275,21.1.
27'. ,671
31.
278,781.
278,256
53
103
280,822
276,731
280,31.8
87
-l«3
815
-106
-319
-209
2,711
7,973
7,777
3,582
2,019
-1,1.88
6CQ
-635
5,180
-l.,ll.l
-U7
".,1.27
6,8U
277,581.
1.2
278,309
1.3
277,1.76
1.8
277,626
278,352
277, 52U
277,11.3
5,753
5,376
5,311.
U8
53
53
279,866
280,189
280,822
279,388
279,713
280,102
280,167
279,630
279,696
275,935
-5,81.2
-9,157
-3,683
-e,77i
3,779
101
739
-259
267
5,382
6,225
-2,617
-23I.
237
-1,1.91
-217
-71.
3,210
725
5,31.0
158
337
-1.0
-833
595
-1,058
.378
-2,663
-510
-761
-213
1.73
2,31.1
-62
33
-1
-36
319
632
-195
5,119
-lUU.
-571.
I.,5b5
279,818
280,136
280,769
-590
179
-720
-1,293
3,252
280,01.9
53
73
60
1,501.
l.,756
280,108
198
-3,761.
2,316
58
59
66,129
67,216
5,355
5,172
5,651
5,27k
256,981
252,85'.
-1.1
61.,85lt
271,31.1
3U
-3".
376
-21
".,5^5
5,399
5,91".
-162
127
-33
7,072
276,31.5
5,387
-1,305
265
-1,360
-1.17
•
236
2b
-556
5,1.67
91.1
51.8
5,712
6,259
-95
-301.
-3,978
287
6,51.6
275,789
276,729
272,751
56
62
1>,661>
-2,057
-172
-31.
-105
22
2,919
272,6*5
275,565
7U
26
107
-2,369
2,019
".,178
-91.8
U,601
6,937
5,5k2
5,902
U,918
-2,812
-908
-307
6,218
'',670
1.6
-1.22
l.,950
".,951.
5,517
7,357
6,969
-3,358
6,195
11,313
u.oaa
5,050
3,1.85
1*7,1.81.
1,21.5
1,300
October...
Norenber .
December .
3,181.
I.,8l8
5,1.12
5,995
5,726
5,718
1957-January...
February,.
l.,809
6,095
-1,286
6,188
5,71.3
1.1.6
6,197
71.
276,1.01.
275,81.5
276,791
272,825
272,719
275,6Wi
258,791.
276,276
277,872
277,01.5
280,31.8
275,378
276,326
272,361
27l.,3'.6
272,257
275,183
273,886
11.6
-1,301.
21.9
6,1.1.5
271. ,261
79
85
110
1,022
-1,71.1
l.,70l.
21.8
1,73'.
1,071.
5,778
-920
-389
-1,350
11,1.27
275,283
277,017
276,628
103
275,372
277,111
276,731
274,915
276,655
276,276
U6
1.07
-399
-131
1.0
-1,162
58k
3,265
229
276,229
276,269
107
109
276,335
276,378
275,882
275,926
-62
266
Actual flgurea through the flacal year 1952 and the calendar
year 1953 are from the dally Treasury etateaent, and thereafter In
each case they are frcn the monthly statement of receipts and expenditures of the Coremment (for explanatlcn of reporting beaea,
aoe Page II); estimates are from the 1958 Bixlget docment, released
January I6, 1957, Including effects of proposed legislation. More
detailed Information vlth respect to the figures on this pege will
be foxnd in succeeding tables.
Gross receipts lese transfers of tax receipts to certain trujst funds
(see page 2), and refiAda of recelpte.
Transactions of the Foreign EcodobIc Cooperation Truat Fund, established inder Section 111. (f ) of the Econcolc Cooperation Act of I9I.8
(62 Stat. 150), are consolidated vlth bvdget expenditures.
Ccnslats of tranaactlons of truat and deposit fuids, Inveatment by
GoTermMnt agenclea In public debt securltlee, and redeaptlon or aale
of obll^tlcna of Goremment agencies In the market; excess of reoeipta, or expendlturea (-).
For detail of content, aee page 6.
For cbeoka outstanding, telegraphic reports frca Federal Beserre Banlcs,
Source:
2/
l.,932
1.33
3,510
19119.
July
Auguat ....
September.
-5,991.
258,682
269,1*2
258,286
252,292
252,770
-1«,017
ltO,86U
April
May
Jime
-1.95
3,308
1".,238
-3,122
19"^.
March
-291.
-10,930
65,lt08
37,955
35,623
1955-Julj
Auguat....
Sept«ater.
8,1.19
-1,811
".,529
-10,".6o
2l.,698
10,71.0
-11,136
57,679
555
-507
366
39,617
1A,058
".7,568
19117.
1955.
1956.
791
61,391
61., 825
l«),389
195't.
1/
Subject to
limitation
5/
:
1950.
1951.
195a.
I
ErpendIturea
Set of
trust
accouQt
Clearing
and other account,
transetc. kj
actions
6/
3,81.9
89
9U
public debt Interest accrued and unpaid beginning vlth June and the
fiscal year 19^^ (prerlouely included frca Horeaber 19^*9 as Interest
checks and coupona outstanding), and deposits in transit and cash
held outside the Treasxn? beginning with the fiscal year 19^; net
increase, or decrease (-).
For current month detail, see section on "Statutory Debt Limitatica"
in each issue of the Bulletin. The liAltatlcns in effect during the
period corered by this table and the date when each became effective
ore as follows: June 9, 19^1, $260 blUioo; AprU 3, 19'»5, $300
billion; JiKie 26, 19U6, $275 blUlon; August 28, 1951*, $28l billion;
and July 1, 19^, $278 blllicc (temporary Increase ending en
June 30, 19^7). Guaranteed securities are included under the limitaticn beginning April 3, 19^^. Savings bonds are Included at current redemption value beginning J\iie 26, 19^^, and at maturity
value prior to that time. In the debt outstanding, savings bends
are cairled at current redemption value,
iBBiedlate postwar debt peak of $279, 76U million was 00 February 28,
19>^6.
Leas than $^00,000.
Treasury Bulletin
.BUDGET KECEIPTS AND EXPENDITURES.
Table
1.
Receipts by Principal Sources
(In lollllons of dollars)
April 1957
-BUDGET RECEIPTS AND EXPENDITURES.
Table 2.- Expenditures by Agencies
(In millions of dollars)
Fiscal year
or mcn^
LeglslatlTo
branch
7U,27li
1953
195^
1955
1956
67,772
fill, 570
1957 (Est.)...
1958 (Est.)...
68,900 U/ 2/
71,807
Se.S^tO
1956-July
August. ..
September
y
5,5't8
Judlclar;
Executive
Office
of the
President
Funds
appropriated
to the
President
General
Independent
offices
Services
Administration
6,905 1/
6,U73 1/
6,791
6,982 2/
1,107
806
973
61
59
27
28
65
85
30
37
9
9
9
10
109
122
UO
u
"•,137
8,253
690
lilt
12
li,l<U6
8,2911
65I.
5,782
5,282
"•,381
l.,l.73
Housing
and Home
Finance
Agency
Agriculture
Department
385 2/
-615 2/
129 2/
39
523
3,217
2,915
'•,636
5,177
719
391
5,152
5,330
Comuerce
Department
1,063
1,000
1,077
1,281 1/
6Wt 5/ 6/
772
11
9
3
1
li29
1,028
39
5,902
2
500
lik
87
-80
11
218
568
3
305
259
53
8
1
1
583
li,9l8
21*3
-28
October
November
December.
5,995
5,726
5,718
10
3
300
3''
"•5
583
JtO
7
3
2I15
533
577
1.08
1.9
1.
227
578
•3
50
110
8
1
1
1
98
Ii6lt
''5
1957 -January..
February .
6,09ii
321
286
712 1/
613
5I'
-1)0
I169
36
38
lUO
323
1.9
355
373
3.275
.
1957 to date.
1/
5,7U3
"•5,639
Military
functions
Civil
functlone
"•3,611
"•0,336
813
605
35,532
35,791
5"^8
1957 (Est.)...
1958 (Est.)...
36,000
38,000
6I19
1956 -July
August.
September
2,368
3,211
2,887
October.
Kovember
December.
195I'
.
1957 -January..
February .
1957 to date.
1
foreign
transactions
Welfare
Department
Interior
Department
Labor
Department
Poet
Office
Department
7"'
83
62
216
lil2
I163
I'll
6,382
6,370
6,787
652
21I1
I109
"•59
18I1
226
1118
58
230
7,200
7,300
5"^
7OI1
185
"•3
31
62
61
55
52
21
111
I16
36
16
10
627
567
570
h
20li
17
16
17
18
22
71
2li
111
582
6
63
lU
13
35
15
".7
11
580
631
5
-22
3
15
17
651
585
3
1'5
6
It It
"•,793
37
300
355
183
182
50
-17
I8I1
3,399
3,250
3,260
65
29
205
177
171
3,358
3,228
I19
-8
35
20
220
212
5U
17
16
19
65
U8
170
1,558
uoo
139
289
278
211,961
-2
of
Columbia
2/
On
refunds
of taxes
6, SOU
"•7
28
On
156
136
2,361
2,831
It6
District
Interest
271
700
83
Treaexury Department
State
Department
659
312
356
171
"•9
56
UU
39
Source: Actual figures ere from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see
page II); estimates are from the 1958 Budget document, released
January l6, 1957, includll^ effects of proposed legislation.
Note: Figures In this table are for agenclee es constituted at the time
the expenditures were made, and therefore do not necessarily represent
functions which are comparable over a period of time. For expendlturea
by functions on a consistent basis, see Table 3l/ Expenditures for Bee one true t Ion Finance Corporation are Included xmder
"Inlependent offices" through 195"!, and under "Treasury Department,
other" thereafter
2/ Expenditures for Federal Home Loan Bank Board are Included under
"Housing and Hone Finance Agency" throt^ 1955, and under "Independent
offices" thereafter.
i/ Expenditures of $1 million In 1956 from prior year appropriations to
the Conmerce Department for the Rama Road are incltiled under that
Department in thla table, while the 1958 Budget document Includes them
under State Department In combination with expenditures from the 1956
appropriation for the same purpose.
U/ Total Includes allowance for contingencies amounting to $200 million
In 1957 and $li00 million in 1958.
5/ Beginning with 1957, Federal aid for highways is excluded from
16
7I1
6/
1/
8/
2/
llt3
3625/
39k
587
535
515
525 6/
66
Justice
Department
public
debt 6/
1,920
1,981
1,993
2,071
573
5,J2U
2.372
Iftidletrlbuted and
1955
1956
1953
3
Health,
Education,
Defense Departaent
FiBcal year
or month
1
26
69
5/
3
106
1311
i/
5".
5"^
5
It
798
873
368 1/
879
12
13
22
22
738
779
27
63
90
57
23
"•3
U2
li51
25
budget expenditures and included in trust account expenditures
(see Table 1, footnote lU),
Payments made initially from bixl^et
accounts In the early months of 1957 had been fully reimbursed
from the trust fund (netted against other expenditures) by the
end of November.
Expenditures for Alaska road construction are Included under
Interior Department through 1956 and under Conaierce Department
beginning 1957. December figures inclijde 1957 adjustment for this
trsnsfer.
Effective January 1, 1957, the production credit corporations were
merged in the Federal intermediate credit banks, pursuant to the
Farm Credit Act of 1956, approved July 26, I956 (70 Stat. 659).
Thereafter operations of the banks (as mixed-ownership corporations]
are claeelfled as trust enterprise funds and are Included net In
trust account expenditures; previously the operations of the banks
and the corporations, respectively, were classified as public
enterprise funds aixi were Included net in budget expenditures.
Adjustments for this change in classification are Incorporated in
the January figures.
Effective Jiaie 30, 1955, interest on the public debt la reported on
an accrual basis.
Cofislsts of Federal payment and loans and advances.
Treasury BuUetit:
.BUKJET PECEIPTS AND EXPENDITURES.
Table 3.- Expenditures by Functions, Fiscal Years 1053 to Date
(In
mlUlooa of dollare]
Punctlcn
code
1953
i9^
1955
1956
13
l6,l»07
16,71.9
8,899
9,733
8,702
9,7'A
niaiber
Major national security:
Direction and coordination of defenae
Air Force defenae
Ivnss defense
Raral defenae
Other central defenae actlTltlea
DeTelopnent and control of atomic energy
Stockpiling and defense production expanslcn
Military assistance
051
052
053
05U
055
056
057
058
15
12
15,085
15,668
12,910
11,293
I6,2lt2
U,875
lU
Ii52
l>8l
582
1,895
1,857
3,95''
3,629
2,292
1,651
588
2,611
50,363
146,9011
1(0.626
1.0,61.1
150
1,960
106
130
1,5U
121
1,960
100
120
1,616
111
2,216
1,732
2,181
1,81.6
101
loe
103
659
138
2,U20
661.
767
158
lOlt
102
105
106
Total najor national security
1,791
1,006
1,0'»5
International affairs and finance :
Ccodiict of foreign affaire
151
152
EcoDonic and technical develofnent \/
Foreign Information and exchange actlTltiee
153
Total International affairs and finance
Veterans* serrlces and benefits:
Veterans* education and training 2/
Other veterans* readjustment benefits X^
Veterana* ccDpeneatlon and pensions
Veterans' insurance and eerrlcenen's indemnities
Veterans* hospitals ani medical care
Other veterans* services and administration
Total veterans* services and benefits
Labor and welfare:
Labor and manpower
Public assistance
Prcmotion of public health
Promotion of education
General -purpose research, librariesp and musems
Correctional and penal institutiosia
Other welfare services and administration
211
212
213
natural resources:
Conservation and
Conservation and
Conservation and
Conservation and
Recreational use
General resource
development of land and water
development of forest resotaxes
develojmkent of mineral resources
developnent of fish and wildlife
of natural resources
surveys and adminlstratloo
757
223
100
782
188
150
2,681
57
727
178
U,298
U,256
.,1.57
2,1*82
123
2,796
105
788
176
281
277
328
1.75
1,332
318
288
36
27
1,''39
1,1.28
1,1.57
290
271
275
321
56
m
35
26
28
lit?
115
351
275
60
31
126
2,1«6
2,1.85
2,558
2,776
1,689
256
217
351.
2,125
109
239
317
355
l'»5
150
3,508
236
20U
286
177
3,9k6
231
217
305
215
2,936
2,557
1.,'in
l.,913
liOl
1,23't
1,056
uoe
U03
107
38
V*
30
U7
935
118
37
803
138
38
21l>
215
216
217
Total labor and welfare
Agriculture and agxicultin'al reeoxirces:
Stabilizaticn of farm prices and farm income U/.......
Financing farm ownerehip and operation \/ '2J
Financing rural electrification and telaphcnea
Conaervation and develoiment \J
Besearch, and other agricultural services \l
Total agriculture and agricultural resoxffcee
91_
351
352
353
liOll
U05
li09
Total natural resources
3|^
2l.l>
37
38
'•3
1.5
33
35
1.1.
35
3|>_
l.kTe
1,315
'•55
370
586
275
1,202
35_
1,101.
Co^Mrce and housing:
FrcBDtion of water transportation
Provision of hl^ways
Promotion of aviation
Postal service
Co^inlty developnent and facilities 8/ 2/
Public housing programs 10/
Other aida to housing 8/ 11/
Other aids to business 12/ ]j/
Regulation of cc^nerce and finance.........
Civil defenae
Disaster insurance, loans, and relief 1**/
511
512
513
>
515
516
517
516
519
520
521
Total cc^merce and housing
3'>9
6I.7
1.20
253
356
56
-115
270
251
783
-ru
312
37
JtOl
-1*2
-330
-UOU
-83
137
51
".5
38
1.1
60
1.2
56
12
h3_
51't
•
General goremment:
Legislative functions
Judicial ftnctiona
Executive direction and management ....................
Federal f inane lal management
General property and records management
Central personnel management and employment coats.....
Civilian weather services
*
Protective services and alien control
Territories and possessions, and District of Coltabla.
Other general government
Total general goverment
572
239
659
1.5
29
"•13
i2
2,502
601
6<S
603
29
60l>
lite
"•9
U
1_
1.63
k
31
19
8U
1,502
2,ce8
V9
29
60
31
77
38
U
12
12
'.31
1.75
161.
16k
115
25
157
331.
IM
W.9
155
93
26
160
53
213
139
238
l,li7*
1,239
1,201
1,629
605
606
607
608
609
610
185
387
28
l'>7
55
(Continued on followli^ page)
67
31.
188
69
ipril
1957
-BUI3GET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures by Functions, Fiscal Years 1953 to Date
(Continued)
(In millions of dollare)
Function
code
1957
195J«
1953
1956
1955
tliroteta
nianber
January
ptorest
^atereBt on the public debt
Intereat on refunds of receipts.
Interest on uninvested funds....
651
652
653
Total interest
6,382
83
5
6,370
6,787
75
5
62
51.
5
6
3
6,583
6,1*70
6,1.38
6,81.6
U,2l.2
6,501.
It
,209
30
11
hdlstrlbuted
total net budget ezpendltiffes.
7't,27lt
S^urce: figures for 1953-56 are rrom the 1958 Budget of the TJblted States
Government, Special Analysis L; figures for 1957 are based on reports
submitted by GorernDent dlsbio'slng officers and are classified by indlrldual appropriation Items. Expenditures are net of receipts of public
enterprise funds.
See footnote •*.
Expenditures for 1957 Include those made from "Beadjustmont Benefits,
Veterans Administration," applicable to ftxictlonal classification
lOe, "other Veterans readjustment benefits," the separate amoimta of
idilch cannot be readily determined.
See footnote 2.
Ezpendlturee for 1957 include those for emergency aesletance to
wheat, and to friendly peoples, applicable to functional
Pakistan
classification 152, "Eccmcnilc and technical develoiment" for emercost of ccmnoditles, applicable to functional
gency feed progrem
clAsslflcatlon 352, "Financing farm ownership and operatloo"; far
loan to S«oretary of Agriculture for ccnaerratlon program, applicable
to fimctlotul classification 35**, "Conservatlan and developnent of
agricultural land and water resources"; and for transfers and ether
costs for eradication of foot-and-mouth disease and brucellosis In
cattle, applicable to functional classification 355, "Research, and
other agricultural services," These expenditures were made from
"Conmodlty Credit Corporatico Capital Fund" and the separate amounts
camot be readily determined.
those for farm housing made frcm "Loans,
B/ Expenditures for 1957 Include
Fanner's Home AdiLlnlstratlon, Agrlcultxire," applicable to functional
classification 517, "Other aids to housing, " the separate amounts of
which cannot be readily determined.
6/
2/
8/
2/
j^Q/
—
—
;
11/
J^/
y^f
^
67,772
61.,
570
66,5U0
39,8966/
For shift of Federal intermediate credit banks from budget to trust
accoxint classification effective January 1957, eee Table 2, footnote 7Excludes Federal -aid highway expenditures, lAlcb are made ffom the
Highway Trust TvdA beginning with 1957 (eee Table 1, footnote lU);
ccrreapondli^ expenditures for previous years are Included in budget
expenditures.
See footnote 10.
See footnote 13
Expenditures for 1957 Include those for defense ccnnunlty facilities
and services and for advance planning of non-Federal public works
applicable to functlooal classification 515* "Ccnmxxiity developoent
and facilities"; and for Alaska housing and loans for prefabricated
housing applicable to functional classification 517, "Other aids to
housing." These expenditures were made from "Revolving FiAd,
Liquidating Programs, Office of the Administrator, Housing and Home
Finance Agency" and the separate amounts cannot be readily determined.
See footnote 5.
Expendltiovs for 1957 inclule those far disaster loans and relief made
traoi "Operations, Small Business Admlnlstratlai*' applicable to functional classification 5^1, "Disaster insurance, loans and relief,"
the separate amounts of which cannot be readily determined.
Expenditures for 1957 include those far lending program
public
agencies, made froo "Reconstruction Finance Corporation Liquidation,
Treasury" and applicable to fxinctlonal classification 515, "Ccomunlty
developBent and facilities," the separate amounts of ^ich cannot be
readily determined.
See footnote 12.
'
—
Footnotes to Table 1.- (Continued)
(PootDotes 1 through 6 follow Table 1.
1/ Through 1953* ccatrlbutions to the Railroad Uuaqploynent Insurance
Admlnlstratloo Fmd were carried In the dally Treasury statement as
miscellaneous recelpte, while the 1953 Budget docxnent. Special
Analysle L, Includes them in employment taxes throu^ 1952. Beginning 195^ the cantrlbutloae are credited direct to the trust account.
For amounts of the oontributiogas Included In budget recelpte, eee
"Treasury Bulletin" far February 195**, page 7.
a/
In the 1956 Budget docment. Special Analysis L, Internal revenue
taxes not otherwise classified are Included in miscellaneous receipts .
Adjustments have been made pursuant to Sec. 201 (a) of the Social
Security Act, as amended (U2 U.S.C. UOl (a)^ as follows: Far the
fiscal year 1955, transfers were reduced by $300 mlUlcn aa an
adjustment far excese transfers to the trust fund of $90 mllllcD
In 1952 and $210 million in 1953; for the fiscal year 1956,
Individual Incana taxes withheld were Increased by $2U9 million
representing adjustinente to correct estimates for the quarter ended
Jine 30, 1955, and prlar quarters by $lU9 million and for the quarter ended September 30, 1955, by $100 mlMloa, Individual Incccae
taxes not withheld were reduced by $U m ^lon representing adjustment
to correct estimates far 1953 and prior calendar years, and the oldage Insurance taxes and the transfers to the trust fund were reduced by the net of these adjustments or $2U6 mlUlcD; fco- October,
Individual Inccoie taxes withheld were Increased by $136 million
representing adjustments to correct estimates for the quarter ended
Dscember 31, 1955, onl prior quarters, individual Incooe taxes not
withheld were reduced by $1 million representing adjustment to
correct estimates for 195^* and prior calendar years, and the oldage insurance taxes and the transfers to the trust fmd were reduced
by the net or $13** million.
Beginning with the fiscal year 1957, specified percentages of certain
excise tax receipts are transferred to the Highway Trust Futd.
iteimta appropriated to the Federal Old-Age and Survlrare Insurance
Tmst Fmd are ettuiTalent to the amoista of taxes collected and
deposited for old-age Insurance (1»2 U.S.C. UOl (a)). The Social
Security Act Anendments of 195O, approred August 28, 195O
{(yk Stat. 1(77), changed In certain respects the basis of transferring the appropriated ftnds to the trust f«id. Beginning January
1951, the amounts transferred currently for appropriation to the txust
fund are based on estimates of old-age insurance tax receipts made
by tne Secretary of the Treasury pursuant to the provisions of
See. 201 (a) of the act aa aaended. and are adjusted In later trans-
12/
Ja/
fers on the baals of wage and self-emplojmeiit Income recorde maintained in the Social Security Admlnlatratlon. The amount of old-age
Insurance tax refunds Is paid flrcn the trust fund as a reimbursement
to the general f\xkd.
The Federal Disability Insurance Trust Fund vas established b7 the
Social Security Act Aaendmente of 1956, approved August 1, 1956
(70 Stat. 820). The act appropriated to the tnist fund amounts
equivalent to specified percentages of the wages and self-emplojmeat
incone, respectlvelj, which are taxed for old-age insurance, and proTided that the anounta appropriated should be transferred from tine
to time to the trust fund go the same basis aa transfers to the
Federal Old-Age and SurrlTore Insurance Trust Fund. Rates of tax
were Increased by the percentages appropriated to the Federal
Disability Insurance Trust Funrt , the Increase being applicable to
wages paid and taxable years beginning after December 31. 1956.
ElcluleB the Ooremnent's contribution for creditable military service
Beginning 1952, amounts are appropriated to
(l>5 tJ.S.O. 228c-l (n)).
taxes under the
the Railroad Retirement Account equal to the anoint of
Railroad Retirement Tax Act deposited In the Treasury, less refunds,
and transfers
66
Stat.
and
222
371),
during each fiscal year (65 Stat.
In
are m»le currently. Previously, amuel appropriations were based,
adjuatnenta
•effect, on eatlmated tax collections, with any necessary
jade In eucceedii^ appropriations.
(Title II of Public Law 627, *th
lU/ The Highway Revenue Act of 1956
Congress, approved June 29, 1956) eatablished a Highway Trust Fund
fra« which are to be made, as provided by appropriation acta. Federalaid highway expenditures after June 30, 1956, and before July 1, 1972.
The act appropriated to this fund amounts equivalent to apoclfled
percentages of receipts from certain excise taxes 00 motor fuels,
motor vehicles, tires and tubes, and use of certain vehicles, and
be
provided (Sec . 209 (o)(3))that the smounte appropriated should
transferred currently to the trust fund on the basis of eatlmatea by
In
the Secretary of the Treasury with proper adjustments to be made
subeeqwnt transfers. Previous to the fiscal year 1957 correapondlng
Federal-aid
and
receipts,
budget
In
excise tax recelpte were Included
highway eipei^itures were Included In budget expenditures.
expenditures In Table 2. Reim15/ Interest on refunds Is Included in
bursement by Federal Old-Age and Survlvora Insurance Trust Fund for
(see footnote 11) Is netted
year
fiscal
the
for
taxes
of
refUJ^B
the relmagainst Internal revenue refunds for the month In which
1^
burseoent is made
. .
.
j
firca. the Fedwral Old-Aa. and
Bet of r«Urt>urBe-ent of t^ mUllon
footnote 15).
SurrlTors Ineuranoe Trust Fund (eee
lass than 1500,000.
Treasury Bulletn\
THUST ACCOUMT AMD OTHEP TRANSACTIONS.
Table 1.- Summary of Trust Account and Other Transactions
bril 1957
THUST ACCOUNT AND OTHER TRANSACTIONS.
Table 3.- Trust and Deposit Fund Account Expenditures
(In BLllllona of dollars; negative figures are eicees of credite)
Truat accounts
Fiscal year
or montt
11950.
3,82U
6,950
1951.
1952.
3,9''5
14,952
bi»9.
Total
trust
accounts
2/
Total
1/
3,l»10
li/
6,851.
l.,139
Federal Old-Age
Federal DleaMllty
and SurvlTore
Insurance Trust Insurance Trust
Fund i/
Fund
Ballroal
Betlrement
Account
661
Unemployment
Trust
Fund
Rational
Service Life
Insurance
Fund
CoYemment
GoTenment
Life
employees
retirement
funds
Fund
278
1,311.
31.8
61
222
78I.
301.
uu
321
391
2,026
900
2,988
1,569
2,067
611.
1,01*9
268
271
300
2,750
1.65
1,010
996
588
77
82
82
502
1,71.5
623
11.7
1.11
585
611
1,965
1,393
538
81.
1.30
512
87
507
692
739
1,501.
520
1,531.
51.0
86
566
598
121
1.3
10
1.7
(1953.
5,169
5,298
5,698
1951>.
6,769
7,327
il955.
8,51.5
9,1.35
8,1.89
3,1.05
U,1.87
9,197
5,551
11,926
11., 165
6,U69
7,366
1,029
801
809
1.95
911.
1.97
52
52
U9
U
8
1.7
8l>6
935
500
57
103
1.0
5
1.6
959
857
809
96I.
505
501
95
97
91.1
571.
63
56
5U
121.
Ul
39
37
6
891
1,067
538
1,051.
51.8
56
57
187
177
^956.
1957 (Eat.)....
1958 (Bet.)....
|L956-Julj
Ai^ust. .,
September
October...
Horenber .
December.
1957-Jaiiuary .
1
.
February .
2/
11,970
ll',351
1,112
1,095
Trust accounts
19
313
(Cont.
1.5
363
1.7
6
50
5
1.7
6
1.8
8
1.8
Deposit fund accounts (net)
GovermoBnt- sponsored enterprises
Fiscal year
or mcnth
Highway
Trust Fund
6/
Other tr\ist
accounts
2/1/
Total deposit
fund accounts
8/
Investment In
public debt
securities
Total
8/
Redemption of Government
agency obligations In
the market
Other deposit
fund accounts
Other
expenditures
!
526 u/
370
387
U13
W.1
I19'.9
1950
;ii95i
1952
1953
195k
1955
1956
1.95
399
537 1/
1I957 (Est.)...
(1958 (Est.)...
1,150 li/
1,806
-8
96
-W
-191.
310
-31.6
12/
-529
-558
56 ii/
1.1.
^
10/
51.8
-269
-872
n.a.
n.a.
55
106
-21
-250
170
2/
1.22
n/
uo
11/
310
-395
-120
-505
-1.37
99
-121
56
33".
229
1.9
10
329
1.1
220
3
3
35
-58
10
US
-1.2
218
-U3
13
-116
31.
-89
-1.
•
-192
187
October..
November
December.
175
100
62
32
-5
-31.
11
20
-1,1,
-132
16
-13
-31
3
37
-12
10
-16
-40
1.2
5
10
-116
70
100
118
71
1.5
21.7
1
-21.8
1.1.
Ul
1.0
-67
33
31.
.
February
Source: See Table 1.
l/ For security transactions Included In expenditures prior to 1951 and
beginning 1955, see footnotes 2, 9, 11, and 13
g/ ft-lor to 1951, Includes net Investment In public debt securities by
certain accounts (see Table U).
i/ See "Budget Receipts and Expenditures," Table 1, footnote 12.
Excludes Foreign Econcmlc Cooperation Trust Fund (see page l); rejt/
celpts were excluded In 19^8.
\/ Does not Include receipts of the Federal Bnployees Insurance Fund
representing acquired securities omoixitlng to $1,6U3,070 (par value);
see also Tablfl U
See "Budget Receipts and Expenditures," Table 1, footnote lU. Expendlturee through October 195^ consist of relmburseaents to the
general fund of the Treasury.
Includes District of Colmabla operating expenditures; Indian tribal
funds; expenditxiroB chargeable against increment on gold; and trust
enterprise funds (net), including Federal intermediate credit banks
beginning January 1957 (eee "Budget Receipts and Expenditures,"
Table 2, footnote 7). The Railroad unemployment Insurance Administration Fund is included beginning with the fiscal year 195^* (see
8/
2/
10/
11/
12/
13/
^U/
•
n.a.
12/
-UlO
137
11957 -January
u
-1.37
W/
10/
]£/
10/
iS/
10/
10
150
.
y
-395
-120
238
185
2/,
10/
10/
August ,
September
1956 -July
'
918
1,183
1.11.
7
Table 2, footnote 3), and the Federal E^loyees Insurance Fund (net)
frcoi its establishncnt In August 195**.
Prior to 1951, Includes net Investment In public debt securities by
certain agencies (see footnotes 9 and 11); beginning with 1955, includes net security transactions of Government-sponsored enterprises
( eee footnote 13 )
Included in total of deposit fund account expenditures of GovemmentsxKjnsored enterprises.
Etcluded from deposit fxxnd account expenditures and included with
similar security transactions of other agencies, shown in Tables U
and 5.
Incluies net Investment In public debt securities.
Incluies transactions by the Air Force and the Army beginning 1952,
For revised classification of security transactions of Governmentsponsored enterprises, see Table 1, footnote 3*
Includes $350 million under proposed legislation.
Less than $500,000.
Not available.
Treasury Bulletin
.
TRUST ACCOUNT AMD OTHEP TRANSACTIONS
Table 4«- Net Investment by Government Agencies In Public Debt Securities
(In mllllona of dollars; negative flguree are excess of sales)
TrviBt accounts
Total
trust
accounts
Fiscal year
or month
19l»9
H
2/
1950
1951
2,3U2/
-1*02
2/
Federal Old -Age
and Survivors
Insurance
Trust Fund
31.6
338
357
W.9
260
1952
1953
1,678
1,950
19^^
1955
1956
2,05^
1,362 !*/
2,617 5/
1,688 1/
1,236
2,516 6/
1,522
1956^uXj
7t^
-21U
October..
November
December.
-28s
305
-91
1957 January..
February.
-37'.
169
Trust accounts
Flecal year
or month 8/
2,921
2,197
958
Highway
Trxjet
Fund
2/
^
-160
-72U
650
583
590
353
-1,91.6
91.
-2I15
-1
31".
-16
51.8
310
379
86
67
-18
-17
779
793
•6
-5
-3
521
-5
2
-9
17
76
36
-33
lU
381
U2
275
J.
-23
-72
-8
-323
303
-250
127
-121
-31.
-1.9
28
171
21
-U
-6
-6
-21.5
-39
23
-160
-2
5
-5
-
1951
1952
1953
-6
1951.
1
9
9
Total
public
©nterjorlse
funds
lOU
101
79
-77
Federal
Housing
Administration
Total
GoTernmentsponsored
enterprises
Federal Savings and
Loan Insurance Corp.
11
7
9
11
52
21
59
-86
588
13
9
-1.
-3
-a
-5
9
1.
Gorernaent -sponsored enterprises
Public enterprise funds
(Coot.)
y.3
573
258
-127
Other
trust
accounts
10/
1.1(7
252
276
696
87
32
-26
8
23
73
135
-221i
-286 1/
156
funds
621.
59
-5U5
-3
Govermnent
employees*
retirement
1
-2
-21.8
-8
-101
Life
Insurance
Fund
-65
202
lUl
121
327
555
Government
Rational
Service Life
Insurance
Fund
-222
277
Ai^ust. ..
September
1,51.5
1,21.1
1,'.63
Itaen^loy-
ment
Trust
Fund
1,291.
3,369
3,355
3,068
,368
Kallroad
Retirement
Account
1,1.11.
3,557
3,636
3,301
1957 (Est.)...
1958 (Bat.)...
Federal
Disability
Insurance
Trust Fund 1/
Banks
for
cooperatives
Federal
Deposit
Insia-ance
Corp,
Ul
81.
62
73
12
179
153
81.
-2
1.1,3
Federal
heme
loan
banks
21
95
61
31".
1/
Federal
land
banks
18
Memorandum 11/
1955
1956
11.
8 6/
1957 (Eat.)...
1958 (Est.)...
300
367
102
17
1956 -July
Ai^ust. ..
September
10
October .
November.
December.
1957-January..
February
65
1.7
95
69
62
170
100
120
19
-57
21
29
1
10
-12
3
-1.
5
3
-1
10
2
16
-5
-6
1.1
9
19
6
881/
U/
126
101
2
9
-87 1/
18 12/
17
13
15
82
1.25
55
106
105
106
.50
35
29
-22
-95
3
Mor
^
98
101.
3'.
8/
io/
u/
12/
1
-6
5
-2
23
-5
1
-11.
16
-13
-31
13
-1.1.
21.7
68
179
31
:
UO
19
-58
-56
13
Source:
See Table 1.
,
1/ See "Budget Receipts and Bzpei^ltures " Table 1, footnote 32.
to 1951, net Investment by smaller trust accounts and by deposit
2/
fund accounts Is Included In expenditures In Table 3*
i/ For explanation of difference from Budget figures, beginning 195*., see
"Cash Income and Outgo," Table 7, footnote 1.
kj Excludes net Investment by Government-sponsored enterprises beginning
with the fiscal year 1955 (see Table 1, footnote 3).
Includes net sale of $300 mllllcn for adjustment of excess transfers
of tax receipts In 1952 and 1953 (see "Budget Pecelpts and Expenditures,"
Table 1, footnote 9).
6/ Does not Include Investments representing acquired securities amounting
to $1,61.3,070 (par value) and donation of securities amounting to $1.5,800
(par value): see also Tables 2 and 3.
1/ Beginning January 1957, Federal Intermediate credit banks are classified as trust enterprise funds Instead of public enterprise funds as
170
51.8
before (see "Budget Receipts and Expenditures," Table 2, footnote 7). Adjustments for this change In classification are Incorporated In the January figures.
Rrlor to 1951, net Investment by public enterprise funds vas Included In budget expenditures, and net Investment by Govemmenteponsored enterprises vas Included In deposit fund expenditures
(see Table 3).
See "Budget Receipts and Expenditures," Table 1, footnote l**
Prior to 1951, consists of Adjusted Service Certificate Fund.
Net Investment by Government-sponsored enterprises beginning
1955 Is Included In deposit fund exper^ltxares In Table 3Beginning 19^^, figures Include net transactlooa In guaranteed
securities by Federal Housing Administration and Federal National
Mortgage Association.
Less than $^00,000.
April
1957
TRUST ACCOUNT AND OTHER TRANSACTIONS.
Table 5.- Net Redemption or Sale of Obligations of Government Agencies In the Market
(In mllljone of dollars; negative figures Indicate net sales)
Securities guaranteed by the Ualted States
Public enterprise fxuids
Fiscal year
or month
1.6
7".
19**9
1950
1951
1952
1953
22
8
-38I1
25
-10
-16
-7
195^*
It
-29
1955
1956
-602 1/
-173
1957 (Efet.)...,
-391
1958 (Est.)....
-"•90
72
1956 -July
,
August .
September
2/
37
-30
-U6
-35
Conmodlty
Credit
Corporation
Federal
Farm
Mortgage
Corporation
EcHoe
Federal
Housing
Aditinls trat Ion
31
9
lU
1
-1
-12
-16
-7
1
-3
-30
37
-30
-J.6
-36
-22
•
*
-111
-6
-6
Ik
-6
-6
October..,
November.
December..
Its
A
-It
70
11
-It
.I-
-9
-9
1957->January,.,
-205
-35
-3
-2
-U
-2
.
February
1
Total
guaranteed
.
Owner's
Loan
Corporation
10
Treasury Bulletin
\
.CASH INCOME AKD OUTGO.
The caBh Income and outgo data appearing In the
"Treasury Bulletin,
beginning with the February 1956
ISBue, are on a basis consistent with receipts froa and
payments to the public as derived in the 1957 and subsequent Budgets of the United States, Special Analysis A.
Reconciliation to cash deposits and withdrawals in the
account of the Treasurer of the United States is shown on
the same basis as in the Budget documents.
shown the
ajnoiint
There is also
of net cash borrowing from, or repayment of
borrowing to, the public.
By these arrangements, data in
representing cash received from the public. Federal cash
borrowing from the public Includes net borrowing by the
Treasury through public debt transactions and also net
borrowing by Government agencies and Government-sponsored
enterprises through sales of their own securities.
It excludes changes in the public debt which do not represent direct cash borrowing from the public. The net
effect of all these transactions with the public is
reflected In changes in the balance in the Treasurer's
account and in cash held outside the Treasury.
accordance with the Budget classifications are made avail-
able month by month.
Figures for back years have been
revised where necessary in order to make them as nearly
comparable with the Budget classifications as available
data will permit. For this reason certain of the figures
differ Bonewhat from those published In earlier Budget
documents as well as in the Bulletin.
Cash transactions through the Treasurer's account are
similar in general concept to those Included in the Budget
series, but are limited in coverage to transactions whiah
affect the balance In that account.
On the other hand,
they Include receipts from the exercise of monetary
authority, i^ilch are excluded from receipts from the public
in the Budget series.
The Budget series of cash transactions Is designed
to provide Information on the flow of money between the
public and the Federal Government as a whole, and therefore
includes transactions not cleared through the Treasurer's
Receipts and payments include transactions both
Beginning with figures for the fiscal year 1953, tl^e
series of transactions with the public is based on the
"Monthly Statement of Receipts and Expenditures of the
Operations of Government-sponsored enterprises are Included
United States Government," which is compiled from reports
by all collecting and disbursing officers and Includes
those transactions not cleared through the Treasurer's
account.
in budget accounts and in trust and deposit fund accounts.
inpayments on a net basis as reflected in Treasury reports.
account.
Major Intragovemmental transactions which are reported as
account, beginning with the figures for the same year, are
both expenditures and receipts are eliminated from both.
Noncash items which represent accrued obligations of the
reported in daily Treasury statements.
Cash deposits and withdrawals in the Treasurer's
Government to make payitents In the future are also eliminated
For those years
prior to 1953 both cash transactions series are based on a
single source, namely, the earlier basis of dally Treasury
from expenditures but are added later when actual payments
are mace. Receipts fron: the exercise of SBnetary authority
statexents which reported separate classifications for
budget results, trust account transactions, etc.
(mostly seigniorage on silver)
are
excluded
as
not
11
April 1957
CASH INCOME AHD OUTCO
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In miniona of doUars)
Net cash transactions with the public
other than borrowing
Fiscal year
or month
[
19^9.
1950.
1951.
1952.
1953.
Federal paymente to the
public
''1,576
UO,9liO
U0,570
53,390
68,013
'•5,797
'•3,1'»7
^cess
of
receipts, or
payments ( -
1,006
-2,207
7,593
Plua: Becelpts frcm
exercise of
monetary
autiionty
Bluale:
Change In cash balances
Treasurer's account
balance. Increase,
or decrease ( -)
-2,513
It6
-1,U62
li,229
25
2,0ll7
'•3
1.9
-5,796
-505
-5,27U
2,919
1,839
-388
-2,299
Cash held outside
Treasury, Increase,
or decrease ( -
71,'>99
67,96U
76,773
1955.
1956.
71,627
67,836
77,08U
71,860
70,538
72,613
1957 (Eat.)....
1958 (Est.)....
81,720
85,923
78,265
82,970
3, '•55
-'.,109
2,953
-2,99U
1956 -July
August. ..
September
3,96U
6,286
6,889
5,895
6,686
5,699
-1,931
JtOO
1,191
-U39
2,372
-9li6
3
3
October.
NoTenber .
December..
3,7't7
6,671
6,355
-2,92li
5
5
U
62
1,071.
-U9
-1,527
1,2U0
1,333
219
-1,7'H
7,312
-1,350
'.5
6,096
7,068
-7^7
-'•35
i.T6
37
3
3
-1,162
56U
-17
-69
51,802
-6,2'i6
28
-2,697
-Ikl
195''.
1
Federal receipts from
the public
Plus: Net cash
borrowing fran
the public, or
repayment { -
,
.
1957-January . .
February .
1957 to date.
5,972
5,785
7,56U
'•5,556
-232
-2,702
2,5:2
1,809
''.'•71
-It, 366
-383
Source: Actual figures through 1952 are based on the dally Treasury
statement and thereafter they are based In part also on the monthly
statement of recelpte and expenditures of the Ooremment (for
68
56
2,096
-551
331
-312
-202
30
Ul
-5W
-78
2
-2,369
2,019
-Ul.
2lt9
-1
73
89
23
3,361
257
1
explanation of reporting bases, see page II}; estimates are based on
the 1956 Budget dociment released January I6, 1957, Including
effects of proposed legislation.
Table 2.- Summary of Cash Transactions through the Account of the Treasurer
of the United States
(In 'millions of dollars)
Fiscal year
or month
Net caeh transactions other than borrowing
Cash
deposits
Cash
withdrawals
19^9
1950
1951
1952
1953
1.1,622
1.0,965
1951.
1955
1956
71,815
67,758
77,079
69,866
1957 (Est.)...
1958 (Est.)...
1956 -July
August . .
September
53, '•33
68,061
71,3l^5
October.
November
December
1.0,1.62
1.3,079
1.5,718
67,79'.
76, '.07
-2,622
-1,1.62
l.,l6l
2,01.7
-5,875
1,839
-388
-2,299
-671.
2,763
71,981.
-l.,765
2,096
-551
331
81,750
85,96U
78,187
82,970
3,563
2,99^
-'•,109
-51.6
-2,99k
3,701
6,579
6,877
5,603
6,855
2,295
5,61.9
-1,902
-276
1,228
-979
21.9
3,1.3'.
6,l«>9
-2,975
1,231.
6,332
5,899
6,576
7,W.8
-21.1.
-1,51.9
1,318
199
-1,71.1
1,07'.
-1,350
'.,886
-713
-1.50
-1,162
625
5,032
-1.1
581.
-1,208
3,821.
-773
1,900
1,127
12,235
5,599
6,802
7,203
1957 to date...
57,371
58,1W.
7,'.27
Actual figures are baaed on the dally Treasury statement; estlnates
are baaed on the 1958 Budget docuaient, released January I6, 1957, la
eluding effects of propoeed leglelatlon. Figures In the first four
Soiirce:
1,161
-2,Ul.
7,715
287
-5,062
Equals: Treasurer's
account balance. Increase, or decrease (-)
-159
-2,130
5,096
71,97".
1957-January
February.
March.,..
.
Net cash borrowing, or repayment of
borrowli^ (-)
Plus:
Excess of deposits,
or withdrawals (-)
2,255
1,579
-1.67
-2,369
2,019
oolmns of this table may differ eonewhat from those originally published In the daily Treaeury statement because of subsequent reclassification of certain transactions.
12
Treasury Bulletit.
CASH mCQME AND OUTCO
,
Table 3.- Derivation of Federal Government Receipts from the Public, and Reconciliation to
Cash Deposits In the Account of the Treasurer of the United States
(In Billions of dollars)
Becelpte
Fiscal year
or BOQth
19^9
1950
1951
1952
1953
Budget
(net)
1/
Deductions fron receipts
Less:
IntragoTem-
TruBt
account
2/
mental
transactions
(See Table 5)
Excess
profits
tai refund
bond redemptions
Pecelpts
from
exercise of
monetary
authority
Total deductlona
y
37,696
5,711'
liS.l'lO
1,7811
I16
36,'»95
"17,568
6,669
7,796
8,807
8,929
Ii3,l6li
25
1,83''
2,22ll
55,361i
2,197
1,930
'3
1,971'
70,198
2,U6
68
73,751'
2,199
56
2,185
2,255
8U
2,110
2,061
73
61,391
611,825
195''
611,655
1955
1956
60,390
68,165
1957 (Est.)...
1958 (Est.)...
70,688
73,620
llt,337
1956 -July
August . . .
September
3,1'85
October..
RoTenber
December.
3,181>
I.,8l8
1,112
1,U19
753
660
1,231
5,1112
'1,95''
6,218
9,155
9,536
11,685
15,859
Equale:
Cash
deposits
In the
Treasurer'
accomt
''1,576
I16
lil,622
liO,9l'0
25
53,390
68,013
''3
110,965
53,li33
68
71, ''99
56
-210
71, 3115
71,627
67,836
73
uu
29
77,081i
23
-107
-28
71,815
67,758
77,079
3,2''5
68,081
2,7113
29
23
2,183
2,090
2,767
811,965
89,1179
3,215
3,515
30
kl
81,720
85,923
30
3,556
'',597
631
2
-265
83
3
3
290
78
3
3,964
6,286
6,889
2
6,372
6,970
633
86
81
3
-15
3,8Uli
93
71
5
3,7117
5
-318
3,''3'i
5,972
5,785
5
li
97
76
621
355
110
6,332
5,899
5,3''9
7,561'
3
-I166
'1,886
3
-lUO
7,''27
73,
69,926
79,851
99I1
6,0li9
6,li06
617
5
1997 -January..
li,809
650
5,1'58
106
3
109
Febmary.
6,188
l,l'58
7,61^
80
3
83
Source:
Beeonclllatlon to caab tranaactlona in Treaeurer'e account
Equale;
Federal
MJustnent for
receipts Plus: Receipts net difference
from the from exercise
due
to reportof monetary
public
ing method (See
autborlty kj
also Table 1>)
See Table 1.
81,750
111
85,96''
li
3,701
6,579
6,877
Footnotes follow Table 7>
Table 4.- Derivation of Federal Government Payments to the Public, and Reconciliation to
Cash Withdrawals from the Account of the Treasurer of the United States
(In Bllllcns of dollars)
Deductions
frcn expenditures
Less:
Expenditures
Intra-
Trust
Fiscal year
cr nooth
gorem-
GoTemnsntBudget
deposit
fund
account
nental
transactlcne
sponeored
enterprise
(net) i/
(See
2/
7li,27li
3,85a
6,96k
3,65*
5,317
5,288
67,772
7,20li
611,570
66,5l>0
8,5*6
68,900
71,807
U,970
19*9
1950
1951
195»
1S53
195k
1955
1956
39,507
39,617
Wi,058
65,U08
1997 (lat.),..
1958 (Est.)...
1956^017
Angust...
Ssptcmber
Ootober.
oreaiber.
5,5*2
5,9CE
"•,918
5,995
5,726
i,VB
6,095
fistvuuT*
Sooraei
See Tabla 1.
9,W
9,1>36
Ik ,351
Table 5)
Less: Pajmenta to the public not
reflected In the Treasurer's account
Prom proceeds of sales
Prom cash
held outside In the market of agency
the Treasury obligations and public
debt securities (See
Table 7) 2/
y
1,78k
2,197
1,930
2,116
2,199
66k
1,153
kia
kO,570
k3,lk7
k5,797
67,96k
76,773
2,110
2, 061
2,7k3
578
615
9k3
71,860
70,536
72,613
-257
96
32k
7k,5k2
73,21k
76,299
-3k
Ikk
80,836
86,302
3,219
3,513
•6W
78,265
82,970
78
-83
291
.366
-U9
1/
Federal
Accrued
payments
Interest
to the
and other
public
ncncaah
expenditures
(See Table 6)
k3,0l8
k6,k97
k8,00e
70,359
79,kk3
-3kl
6/
BecoDoillatlon to cash transactions
in the Treasurer's account
-*35 6/
275
279
-1ft
•
1,029
801
8k6
-*9
10
191
6,526
6,713
5,955
631
83
78
999
897
809
23
10
26
6,978
6,593
6,553
93
71
ai5
617
-1JT6
1,112
1,099
-ek8
6,959
6,869
27
106
60
-56
lie
166
Equals;
Casta
Adjustment
for net
difference
diie to
reporting
method
(See alBo
Table 3)
withdrawals
f3roa
the
Treasurer's
account
108
68
79
170
155
256
230
399
-210
k0,k6e
k3,079
k5,7l8
67,79k
76,k07
Ilk
-107
-28
71,97k
69,888
71,98k
5,895
6,686
5,699
-1
28
-265
kk
77
3k
290
-15
5,603
6,855
5,6k9
6,671
6,355
7,312
-62
6
U9
15
-*5
20
-318
355
110
6,k09
6.576
7.kk8
17
15
78
•liko
6,096
7.068
312
202
1
69
follav TaUle 7-
78,187
82,770
-k66
I'M
.
April 1957
13
CASH INCOME AND OOTGO.
Table 5.- Intragovernmental Transactions Excluded from Both Receipts and Payments
(In DLiUiaos of dollars)
Fiscal year
or mcDth
Budget receipts ^ich are Budget
realso bxjdget ezpendlturee ceipts vhich
also
are
Interest paid
trust fund
to Treasui7
Other
expenditures
ty public
1/
2/
enterprise
funds
Budget receipts
^Ich are also
Trust fund receipts which are also
budget expenditures
CoTsmmentspcosored
enterprise
expenditures
u
Interest on
inveetanent In
public debt
securities
Interest
on unInrested
trust
funds
Payroll do-
14
Treasury Bulletin
CASH INCOME AND OUTGO.
Table 7.- Derivation of Federal Government Net Cash Debt Transactions with the Public,
and Reconciliation to Net Cash Debt Transactions through the Account of the
Treasurer of the United States
(Net borrowing, or repayment of borrowiDg (-); tn millloDs of dollars)
Charge lu public debt and agency obll^tlons held by the public
Fiscal year
or month
Plus: Net sale of oMlgaticns
of GoYercnent enterprises In
the market
PdWIo dett
Increaae or
decrease (-)
Lees:
Net Inrestoent
it.
Equals:
Federal
securitlet- by GorerDneat agencies
I^icreass in
securities
held by the
public , or
docreaae (-)
,
1953
195^
1955
1956
Trust funds
sponsored
enterprises
lt78
-ue
-6
-28
-lu
-2,135
3,883
6,966
10
371.
111.
-136
-59
33
191*9
1950
1951
1952
Gorenaent-
Public end
trust enterprise funds
Public
enterprise
funds
2,3U
G-ovemnentsposisored
enterprises
-koe
3,369
3,355
3,068
6
28
313
69
lOk
101
79
81.
-77
126
101
1.1.6
171
3,130
2,k5k
5"i9
-3,7k3
-J*,rr7
179
153
5,189
-11.
11
3,U5
269
-1,623
6C2
173
072
1,686 1/
1,236
2,516 2/
1957 (iat.)....
1958 (Est.)
-2,151
391
-l.llOO
1.90
21
250
2,921
2,197
62
170
55
106
1956 -July
Ai^^^t. . .
September.
-105
276
698
35
-58
-1,3*
-Ik
-10
4.8
192
1
2,919
22
111
October...
Roreaber..
Ssc ember..
1,022
-1.5
1.0
1,73'>
-70
-389
-U
-3
-5
-323
303
-101
igST-Janiary...
February .
-399
205
35
-1
67
Less:
Fiscal year
cr :iicntb
Ret
accrued
Interest
on
saTlngs
bands and
Treaauiy
bills j/
aerrlce
bonds
1'
1951
1952
1953
581
57k
638
758
718
-2
-2
-1
-1
-1
-16k
-95
-160
-68
-2k
195k
i955
1956
5ek
k97
k56
-1
-1
-Ik
-8
1957 (Sat.)....
1958 (Set.)....
191.9
1.950
1956 -July
A'jguflt
.
, .
kO
-25
-kl
-98
-68
-66
Less:
Excess
profits
tB2
refold
bends ^J
-k
-1
-1
-1
Total
deductions
287
6k2
k89
680
S^uals:
Net cash
borrowing
frctt the
public or
repayment
Transactions
not
reflected
In
the
Treasurer's
account J/
108
Equals:
Net
cash
borrowing
through
the
Tl*eflurer*B
account, or
repayment
170
155
-2,622
k,l6l
-5,875
-67k
2,763
256
230
399
2,255
i,579
-k,765
-7
618
6kk
623
2,512
i,e<^
-k,366
3k0
365
-7
-5
-1,000
-500
-667
-IkO
-k,109
-2,99k
k8
21
-1
-1
-1
-Ik
33
-35
-k39
28
-k67
-55
-7
2,372
77
3k
2,295
6
1,23k
1,318
199
KoTeoiber .
kl
78
67
19
Sea Table 1-
13
109
156
175
k3
3oiA*ce:
156
-13
-31
722
October...
Tebrwury.,
21.7
28
kl
'9i7-Jfan««aTr...
Bank
series
InT^ematl coial
Monetary
Fund
aeries
-913
1,283
1,370
-283
-2,513
k,229
-5,796
-505
2,919
oeptember.
December .
Special notes of 0. S. 2/
Intematlocal
-k06
2,337
16
286
Deductions for noncash and other tranaactlona
Anaed
forces
leave
bonds 5/
-3,133
•
"H
2
9
-87
Issuance of public debt securltlee renresentlng
ezpendlturaa, or refmds of receipts k/
MJuated
;
5
10
-221.
-2,226
k,370
-5,308
175
3,6ko
207
13
-9
66
79
-k,109
-2,99k
33
-9k6
-579
k3
37
-501
l,2k0
1,333
219
20
30c
-121
367
-k35
15
-103
37
78
-k
Footnotao on following page.
15
-979
-k50
-kl
(-)
April
mi
15
.
CASH INCOME AND OUTGO
Footnotes to Table 3
)J
2/
^
For furtber detail, ee© "Budget Receipts and Ecpendituree," Table 1.
FcPT further detal\, aeo "Trust Account and Other Transact Ions," Table 2.
Treated as Doncash -efund deductions from receipts when Issued ucd as
caoh refund deduct' .Jis yfh^ti redeemed.
U/
Coosists of sel^lorage on silver and Increokent resulting from reduction in the veight of the gold dollar; excluded froa receipts froa
the public but included in cash deposits in the Treasurer's account.
Lees than $500,000.
•
Footnotes to Table 4
Xf
a/
2/
Vor further detail, see "Bud^t Booelpts and Expenditures," Table 2,
Pot further detail, see "Trust Aocoiait and Other Tranoactlone," Tablss 3,
Uj and 5.
Includes net change in balancec in GorertiBent-Bparuored
enterprise deposit fund accoiaite vHrii the ICneasursr of the Ufcitod States o
Ket operating ezpendlturee, or rocelpta (-), as icfiasured by fiaida provi ded
by or applied to net security transectionB reflected in T3reaaury reports
(see Table 7). To a largo extent, those Govemnent-spoosored enterprises
sectire fiaidfl far their operations by direct borrowing froa the pxibxlc or
by cashing Ptederal securities vhlch they hold, and thej apply the
not Income received froc opcrationo to ropaytoont of borroving frcm the
public or to liweEtneat in Steleral securltleo. On that basin, not ei-
pBDditures for operations are showx In this table in tezas of the
canbined net of dlslnvestoeat in Federal securltleB and sale of agency
ob].i^tlon0 in the market, and net receipts from operations are shown
in terns of t^a combined net of invesboent in federal eecurities and
redcoaption of agency obllgatloras in the marlcet,
Hot i-e ported prior to 195^,
Cc&slBtB of only thoae markot transactions not cleared through the
Treasurer'o acco«it.
Sae TaVlf 7, footnote 1.
Pooe not Incliile receipts representing acquired securities Bnouxtlng
to $1,613^070 (par value).
Lees than $500,000.
k/
^
6/
2/
•
Footnotes to Table 5
1/
2/
'
3/
hj
Federal Interaedlate credit bonk franchise tax through December I956 ard,
beginning 1953 » aloo reinbureeiaent by Pwiama Canal Companj for erpenses
and services.
Includes reimbursement by Federal Old-Age aal Survlvoi-e Insurance Trxiat
rund for- adinlnlBtratlve expenses and, beginning fiscal year 1953 » also
for ref\aidfl of taxes (treated as an offset to refunds rather than being
credited to receipts); relmburseicent by Federal Disability Insurance Trust ¥\mi. and nighway Trust Fiaid for administrative expenaes
and by Highway Trust Fund for refurtda of taxes; reimbursement by the
District of Columbia; Federal Intermodlato credit bank franchise tax
after December 1956; and in 19l*9, proceods of ship sales which had been
carried In trust accounts pending allocation to budget rocaipts from
sale of surplus property.
Consists of payment of earnings and repayment of capital stock to the
Troasm-y through 1952, and beginning 1955, p-iyment of ftanchioe tax
by banks fM* cooperatives.
Includes relatively amall amoimts of deducticms frcm salaries paid by
tnuBt fundg and Govcmment-spcaiaored enterprlaeg.
^
Consists of Uhlted States and Government corporation shares of
contributions to employees* retirement funds, and payments to the
Railroad Retlrempnt Account (for creditable military service), the
Unemployment Ti'uet Funl, veterans' life Insurance funds, trust fund
for technical services and other assistance under the agrlcviltural
conservation program, awards of Indian Claims ComrolBBlon, and
District of Columbia.
Incluflea District of Columbia share of contributions to the Civil
Service retirement fund; payments to Federal Old-Age and Survivors
Insurance Trust Fimd by Railroad Retirement Board, and by Federal
Disability Insurance Trust Fund estimated for 1957 bM 1958;
transfers from Civil Service retirement fund to Foreign Service
retirement fund except 1957 actual expenditures; and transfers
from Railroad Unemployment Inein-cnce Administration Fund to Uaemploymi'nt Trust Fiuid.
Less than $500,000.
6,/
*
Footnotes to Table 6
1/
g/
^
il/
5/
Accn«d discount on savings tondB and blJl^ less interoet paid on earings bonds and biUa redeemed.
Public debt Intoreat accrued and ur^ald besl^nlng June 30, 1955, effective date of the change in accounting aai reporting from a due and
payable basis to an accrual basis; for 195^, conElste orOy of public
debt Interoat checks and coupoiB outstanding; net incroaBe»or docrease (-), Hot reported aa a separate clearli^ account prior to 195^;
interest reported when paid by Treaa'jrer prior to Novamber 19^9.
Ti'eated as noncaah expenditures at the tims of issuance of the securities aM aa cash expenditures at the tine of their redemption.; not
looufince, or rodenption (-).
l93M©d In 193^ In exchange for adjusted service certificates held by
veterans of WorM Var I. The bonde jcatured In 19^5.
Ioa\»d in I9U7 in payment for accumulated leave. The last of th-?ae
bonds matured in 1953.*
6/
jj
6/
*
Part of the Ublted States eubacrlption to the capital of the Internatiooal Bank for Reconstruction and Development and to the Iiiternational Maietary Fund was paid in the form of ncnintsrest-bearlng,
nonnegotiable notes payable on demand (see 19^1^7 Annual Report of the
Secretary of the Treaaurv, pages U8, 350, and 385). The laat of the
notes Issued to the Bank was redeemed in 1950.
By i&oUy owned iOTemment enterprises; beginning 1951, such net investments are report^^d separately and are not included in expenditurea
(aee "Trust AcDoxait aai Other Transactions," Table ^i).
Checks outstanding lees deposits in transit, and telegraphic reports
f3xm Federal Reserve Banks; Increase, or decrease (-). For public
debt interest inclined prior to 195**, see footnote 2.
Less than $500,000.
Footnotes to Table 7
1/
2/
i/
In this table, beginning 195U, in sccordance with treatment in Budget
docimentc, net investment In Itolted States securities by GovBmmcntspcAsored enterprlaee includee a email amoimt by other enterprises
regarded as representing net transactlona with the public. In Table U
uader "Trust Accoixtt and Other Transactions," theae amoTjnte are included in tniot and deposit fimd accoiAt inveataent.
Does not include investawnte representing acquired securities amoifliting
to l,6U3,070 (par value) and donation of securltiee amounting to
$U5,800 (par value).
Accrued discount on savings bonds and bills, wblch is included in the
kj
^
6/
jJ
principal of the public debt, less interest paid on savings bonds and
blllA redeemed.
Treated ae nonsaah tranoactlons at the time of Issuance and ad cash
transections at the tiJ» of redemption; net issuance, or redemption
(-).
Exclx»ied frcm borrowing because the transac'ione are treated aa ex-
penditures In Table 6.
Eicltded from bcarowing because the transactlona are treated as deductions frcm receipts in Table 3
Market transactions In public debt securities and agency obligations.
Less than $500,000.
Treasury Bulletin
16
DEBT OUTOTAHDUG AND TREASURES 'S ACCOUHT
Table
1.
Summary of Federal Securities
(In mlUlGDa of dollars]
Bid of
fiscal
jsar or
month
GuaranTotal i/
Public
deM
Public
debt
teed
securities 2/
252,798
257,377
255,251
259,151
232,770
257,357
255,222
259,105
27
20
29
250,785
255,226
252,879
256,907
250,762
255,209
252,832
256,863
266,071
271,260
52
1955
1956
27lt,Ul8
27"'
272,825
272,751
7k
263,997
268,990
271,785
269,956
263,9''6
WSk
266,123
271, Ski
1955 -December.
280,822
280,769
53
1956 -July
August...
September
272,719
275,6Wt
27^,3'^
272,61i5
7U
275,565
79
85
273,037
2711,261
October..
Rorember .
December
275,372
277,111
276,731
275,283
277,017
276,628
89
272,809
91.
103
27't,565
27'»,322
1957-January..
February.
276,335
276,378
276,229
216,269
107
109
19^9
1950
1951
1952
1953
81
,37k
Guaranteed
securities 2/ 3/
2k
Public debt
Total
y
Other
5/
MoDetaxT
Fund
Total
2,009
21*5
2,H8
265
512
1,063
1,270
1,283
613
575
Uk
2,012
2,150
2,372
2,2kk
2,2142
1*19
1,271*
550
2,126
2,351
1,302
1.37
1,1'11
271,7'tl
•3
2,63''
1,567
73
2,869
589
666
525
502
U77
269,883
2,125
2,350
2,633
2,868
298
268,910
51
80
277,851
277,799
52
2,970
1.67
269,972
272,959
271,660
73
2,675
2,607
2,601
2,970
2,67U
2,606
2,601
1,6*5
270, OWl
U88
1,728
1,673
1,666
'57
2,56"'
2,5"'6
2,1.09
2,563
UJ.5
2,51'6
2,IU)8
1,666
1,662
1,083
1.52
l'51
87lt
2,532
2,331
2,531
2,350
698
6JH
1,383
1,262
I150
271,71*5
273, 80U
27U,0e7
272,720
27U,U71
27'i,219
273,698
273,919
Source: Dally Treasury Btateoent.
iQcludes certain obligations not subject to statutory limitation.
For BDOunte subject to llmltatlcn, see page 1.
g/ Sxcludee guaranteed securities held by the Treasury.
Consists
of FHA debentures beginning Harcb 1953.
3/
u/'
Special notes of the Oilted States issued to the International
Monetary F\md In payment of part of the Itolted States subscription.
^
Hatured debt and debt bearing oo Interest
Datereat-bearlng debt
Total outatODdli^
17
27
79
8I>
89
93
loe
106
108
2,370
1178
U81
1,32
Guaranteed
securities 2/
(matured)
701
1,7''2
1'55
U5U
''51
l'i'8
pursuant to {Srovlalons of the Bretton Woods Agreements Act. The
notes bear no Interest, are nonnegotlable , and are payable on
demand. Similar notes Issued to the International Bank and outstanding 191*7-191.9 are Included under "Other."
Inalodes earli^s etampe, excess ^oroflte tax refund bonds, currency
Items, aj^ notes issued to the International Bank (see footnote k)
For current month detail, see "Statutory Debt limltatloB," Table 2.
Table 2.- Interest-Bearing Public Debt
(In nllllanB of dollars)
April
mr
Ig
Treasury Bulletin
^
DERT OUTSTAKDING AHD TREASURER'S ACCOUHT
Table 5.- Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies i/
(In mllllona of dollare)
Export
Federal
Ccmnodity Tjaport
National
Credit
Bank of
Mortgage
CorporB'
WaahlBgton ABBoclatiCQ
tlon i/
2/
Bid of
flec&l
year or
noath
igitg
6,851
8,te3
9,027
1953
12,125
1,669
3,193
2,555
1,970
3,612
195*
1955
1956
12,869
16,175
U,1B0
7,608
20,01l9
U,190
1950
1951
1958
9,561.
1955-Dec..
I8,61i5
1956 -July.
Aug..
Sept.
19,
19,591
19,756
Oct..
Hot..
Dec..
20,265
20,665
21,027
21,350
21,695
1957-Jan..,
?eb..,
HO
Housing
and Heme
Finance
Administrator ii/
91l>
782
96i»
1,040
1,088
1,227
1,3''7
1,310
1,239
Intematlooal Public
Cooperation
Administration 5/
2,038
2,W.6
67
96k
1,097
1,150
1,189
2,233
1,966
1,95U
102
130
165
1,203
1,209
1,213
1
l,51t9
30
Ult
Housing
Admlnla.
tratlco
Reconstruction
Finance
Corporation 6/
Rural
Electrification
Administration
Secretary of
Agriculture
Utader
Tennessee
Valley
Authority
1/
337
349
489
655
655
1,856
1,456
274
197
159
1,015
1,281
1,527
1,731
1,933
65
58
78
117
215
61
38
154
2,091
2,207
2,343
IT?
162
151
52
49
44
39
34
29
14
Veterans*
direct
loan
program
Defense
Production Other
2/
Act of
1950 8/
107
178
270
158
395
416
367
491
584
773
1,002
1,144
226
100
100
2
16
27
9,875
1,268
2,ooe
151.
1,2U
50
2,276
141
10,071
10.536
1,221
537
1,U2
19
175
196
196
1,213
1,213
1,20k
74
61
57
2,403
2,403
2,W)3
176
226
252
584
584
534
1,194
1,197
1,201
27
28
l,201l
l,20ll
51
2,453
2,'t53
1,20U
54
53
252
288
219
584
584
634
1,200
i,2oe
1,204
46
51
1,202
1,202
255
90
634
634
1,226
1,249
54
55
10,661<
1,216
2,001
1,921
1,936
U,076
11,318
U,61>0
1,217
1,227
1,227
1,975
2,078
2,163
206
206
206
11,90k
12,067
1,205
1,205
2,108
223
2,20l|
2U8
l,22l|
Source: Dally Treasury statement.
1/ The securities shown In this tahle were Issued to the Treasury to
finance GoTemment corporations and other agencies with the Treaaury
Itself raising the necessary funds through public debt operations.
To avoid dupllcatlcn, these securities are not Incluled In the
guaranteed debt outstanding as shown In preceding tables.
2/ Excludes aecuritiea Issued under Defense Production Act.
From September 1950 through July 1954, consists of notes of the
Housing and Home Finance Mmlnlatrator, Issued to borrow for the
Association. Beginning August 1954, consists of liabilities taken
OTer by the Association from the Administrator In accordance with
Public Law 560, approved August 2, I95U, and notes Issued by the
Association under authority of that act; and beginning September
1954, also securities transferred frcm the Reconstruction Finance
Corporation (see footnote 6). Prior to September 1950, the Association waa financed from funds of the Reconstruction Finance
Corporation, which owned the capital stock.
4/ Consists of notes Issued to borrow for the urban renewal program
(formerly slum clearance program), the prefabricated housing loans
program from September 1950, <*en it was transferred from the Reconstruction Finance Corporation, through November 1954; college housing
loans beginning July 1951; and public facility loans beginning
January I956. Sotes Issued to borrow for the Federal National Mortgage Association fran September 195O through July 1954 are shown
under the Association.
5/ Established In the Department of State by Executive Onler No. 106lO
dated May 9, I955, and effective at the close of business June
30,
1955, as successor to the Foreign Operations Administration. Data
for earlier periods are for predecessor agencies. Beginning
September 1956, figures exclude notes previously issued by the MBlnlstrator in connection with Infoimattcnaa media guaranties. The
obligation of these notes was assmed by the Director of the tinted
53
6/
y
2,425
2,485
2,485
256
In
53
States Inforaation Agency, pursuant to Sec. 11 of Public Law
726,
approved July I6, 1956, and the notes together with others
issued
for the same purpose are Incltxied In "Other."
Excludes securities Issued under Defense Production
Act of lo-^O- includes securities Issued under Federal Civil
Defense Act of J 95C
through November 1953, after which they were taken
over by the
Secretary of the Treasury, pursuant to the act
approved July 30. 1953
1954, under Reorganisation Plan Bo. 2 of 1954, the
remaining securities Issued by the Corporation to the Treaaury
were transferred as
*° ^^^^rt-I^Swrt 3«nk of Washington, $92 mllllcn
S^2^°"'
,*i^
°^"-J°°
to Federal
Hatlcnal
Mortgage Association, and $14 -^-•^'^
million to
mj laiaii
aiall
Business Administration.
For Fanners' Home Admlnl strati en program.
Consists of notes of the Administrator, General
Services Admlnlstraticn beginning Jsnuaiy I951 (Administrator,
Defense MaterlaU Procurement Agency, January 1952 through July
1953) for defense
procurement; Reconetruclloo Finance Cortwratlon,
January
?S^1!^°
1951 through September 1953 (after which its activities
under thle
act were transferred to the Secretary of the
Treasury) and the
Secretary of the Treasury beginning October
1953: the Secretary of
the Interior (Drfanse Minerals Exploration
Administration) beginning
June 1951; the Export -U^wrt Bank of Washington
beginning April 19^and the Secretary of Agriculture beginning
June 1954
2/ Consists of notes Issued by Federal Farm -Mortgage Co:^ratlco and
^"^ Corporation prior to 1950; Vlrgta Islands Ccnmany
TS°?
?T'ZSecretary of the
194a-49;
Arsr (Natural Fibers Revolving Fund)
I949-5I; Secretary of the Troasuiy beginning
1953 (see footnote 6)anall Business Administration beginning September
1954; and for informational media guarantiee by the United States Information
Agency beginning September 19;6 (see footnote 5); also revenue bonds
issued by
Saint Lawrence Seaway Oevelojuiont Corporation, beginning NovemCer
1954.
P
April 1957
19
DEBT OUTSTANDING AND TREASURER'S ACCOUNT
Table 6.- Status of the Account of the Treasurer of the United States
(In
mlUlonB of dolXara)
Treasury Bulletin
20
STATUTORY DEBT LIKITATION
The Second Liberty Bond Act, as amended
ginning on August 28, 195"+, and ending on June 30, I956,
by acts approved August 28, IS^'i, and June 30, 1955; ah^
(31 U.3.C.
757 b), provides that the face amount of obligations Issued
under authority of that act, emd the face amount of
by $3 billion beginning on July 1, I956, and ending on
obligations guaranteed as to principal and Interest by
the United States (except guaranteed obligations held by
the Secretary of the Treasury), shall not exceed in the
June
aggregate $275 billion outstanding at any one time,
statutory debt limitation at current redemption values,
30, 1957.
by an act approved July 9, I956.
Obligations
issued on a discount basis, and subject to redemption prior
to maturity at the option of the owner, are Included in the
except that this amount was Increased by $6 billion be-
Table 1.- Status under Limitation, February 28, 1957
20
(In millions of dollars)
MaxlBiB aaoiint of aecuritles vblcta aay be outetandlng at any one tljDs, txider limitation impoeed by the act
of June 26, 19116 (31 D.S.C. 757 b), aa Increased temporarily by the act of July 9, I956
278,000
Anomit of securities outstanding subject to euch statutory debt limitation;
U. S. GoTemment securities issued under the Seconl Liberty Bond Act, ae anwnied
Guaranteed eecurltles (exclujlng those held by the TreaaiOTr)
275,817
IO9
Total amount of securities outstanding subject to statutory debt limitation
Balance iss'iAble undsr limitation
Source:
,.,
,
275,926
^
Dally Treasury statement.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding February 28, 1957
(in mlll.ions of dollars)
Class of security
2
tyjh
April 1957
21
.DEBT OPERATIONS.
Table
1.-
Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding February 28, 1957
(In
mlUlone of dollars)
22
Treasury BuUeiin
.DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding February 28, 1957
(In millans of dollan)
-
(Continued)
April
mi
23
DEBT OPERATIONS.
Table 2.- Offerings of Treasury Bills
(Dollar anounta In mllllcsia)
Deacrlptlon of
Maturity
date
Nusiber of
days to
maturity
Amount of
blda
t«Ddered
:
Anount of ^i&a aoceptad
On coi^petItlTe basis
Total
amount
On noDCCBipetlItlTe basis 1/
In
exchange
Total umatured issues
outstanding
after new
Auount
maturlDg on
Issue date
of nev
offering
Issues
Regular Series;
1956-HoT.
Rot.
Hot.
Not .
Hot.
Hot.
1
8
15
16
23
29
Dec. 6
Dec. 13
Dec. 20
Dec. 27
1957-Jan. 3
Jan. 10..
1957-Jan.
Feb.
Feb.
Feb.
Feb.
Feb.
21
28
91
91
91
91
90
91
Mar. 7
Mar. lU
Mar. 21
Mar. 28
91
91
Apr. It
Apr. 11
91
91
Apr. 18
Apr. 25
91
91
91
91
91
Jan. 17
Jan. 2U
Jan. 31
May
yeb. 7
Feb. Ik
Hay
Hay
31
7
lU
15
9
16
2, 671. .6
2,501*.
2,'»93.'>
1,297.5
1,311.8
92.1
96.7
36.7
1,600.8
1,600.1
1,600.1
295.2
283.0
122.5
167.9
1,600.1*
21*,
1,601.2
21*, 160 .8
105.9
70.8
72.5
32.0
1,601.1
21t,159.7
1,600.1*
1,600.1*
21*,
1,600.5
21*,
1,601.2
1,600.3
1,602.7 2/
1,600.7
1,600.1
1,601.6
21*, 172.0
301*.
288.9
1,326.1*
1,31*7.0
271*. 7
'1,637.'*
1,71*9.9
2,'i05.1
1,599.8
1,600.1
1,301. .6
1,600.0
1.600.0
1.600.3
1,318.6
1,285.0
1,266.8
1,331.2
281.U
1.600.0
1,600.5
1,317.5
282.5
1,226.1*
37'*.1
180.8
35.0
1,171* .0
1*26.5
33.'*
1,285.8
311*.
2,623.7
1,600.5
1,600.5
1,700.2
1,365.'*
331* .9
32.6
29.5
2,6a6.0
2,718.7
1,700.2
1,700.5
1.379.3
1.358.6
320.9
32.1*
31*1.9
72.1
2,505.6
91
91
1,601.6
1.600.7
1,601.0
2,232.3
2,310.0
2,351.9
2,386.2
2.378.2
2.51*3.7
2,809.7
2,1*16.9
1*02.9
1,317.1
1.611* .6
31't.9
333.5
283. U
May
May
91
92
2,579.7
31
Mar. 7 P
Mar. lU p
Mar. 21 p
Mar. 28 p
J\me 6
Jwie 13
Jme 20
June 27
91
91
91
91
2,768.8
2,829.3
23
2,7'*1.2
1,799.8
1,801.7
103.6
329.2
298.9
1,1*70.6
1,502.8
57.li
309.2
357.5
397.6
2,7't3.6
2,61*8.3
1,800.5
1,802.2
1,603.8
1,600.7
3,786.1
1,005.6
61*8.2
357.'*
2,1*13.9
1,601,1*
1,71*9 .9
1.1*90.9
110.5
116.5
1,1*91.3
l,lil*l*.7
1,206.3
1.253.2
1,599.8
1,600.1
50.1*
1,600.0
1,600.0
1,600.3
l,6lU.6
28.7
63.8
31.5
3't7.5
161.9
159 .2
21*, 159,1
1,600.7
1,601.0
1,71*9.9
?eb. 21 p
Feb. 28 p
22,1*11.1
22,1*11.7
22,1*12.6
2l|,l62.5
3/
173 .2
21*, 172.1
22,569.1*
22,569.1
22,569.5
22,668.1
22,767.6
22,867.0
21,117.1
21,317.1
21,518.7
21,719.2
21,921.1*
21,921* .9
21,911.1
Tax anticipation series:
1956-Dec. 17
1957-Jan. 16
Feb. 1? p
Mar.
Juoe
Jtpe
22
2k
2U
95
159
129
2,3oe.o
1,633
-l*
On ooqietltlTe bids acceptad
On total bids accepted
Arerage price
per hundred
B^ulTolent arersge
rate \J
1,601.1*
38.2
73.1
3,351.3
-
Hl«h
Price per hundred
BftulTalect rate
1*/
Price per haidxed
BqulTalent rate k/
(Percent)
(Fare ant)
(Percent)
Regular Serlea:
2.8U0
99.269
99.259
2.81*8
99.21*3
2.892
2.931
2.995
2.U33
2.960
2.967
99.331
2.61*7
99.231*
3.06U
3.208
99.280
99.282
99.280
99.385
99.260
99.250
2/
99.221*
2/
3.070
3.003
99.158
99.187
3.102
3.263
3.331
3.217
99.180 12/
99.191 Ji/
3.21*1*
99.209
99-166
99.152
3.200
99.18I*
99.175
99.192
99.185
99.220
99.170
3.262
3.197
3.223
3.085
3.283
99.187
99.203
99.221 12/
99.231
99.191 lU/
3.216
3.153
3.082
99-170
99-187
99.183
99.213
99.167
Feb.
7.
Feb. lU.
Feb. 21 PFob. 28 P-
99.208
99.227
99.196
99.160
3.133
3.057
3.182
3.288
99.216
3.102
3.003
2.983
3.130
99.201*
99.221*
Mar. 7 p.
Mar. 11* p.
Mar. 21 p.
Mar. 28 p.
99.179
99.181
99.231
99.233
3.21*6
3.220
3.200
3.022
2.995
99-178
99.180
99.230
99.229
99.270
99.263
99 .21*7
99.339
99.239
99.198
2.888
Dec. 6.
Dec. 13.
Dec. 20.
Dec. 27.
99.216
1957-Jan. 3.
Jan. 10.
Jan. 17.
Jan. 21*.
Jan. 31.
1956-N0T.
Mot.
Not.
Not.
Not.
Not.
15.
16.
23.
29.
99-171*
2.911*
2.979
2.617
3.01*3
3.17"*
3.239
3.01*1
3.031*
2.81*8
6/
3.01*2
3.200
99.21*1
99.21*6
99.200 15/
99.186
99.191 l£/
99.236
99.21*3
99.189
99.188
99-157
3.129
3.299
3.355
3.228
3. 281*
3.216
3.232
3. 113
3.295
3.11*9
3-070
3.212
3.299
3.252
3'.21*1*
3.0U6
3.050
Tax anticipation aeries:
2.61*1
2.1*56
99.303
99.352 12/
2.585
3.351
98.58I* 18/
98.520
3.206
3.305
3.282
98.821*
3.120
98.882
3.231
Feb. 15 p.
8/ Except $150,000 at 99-325.
Source: Bureau of the Public Debt. Preliminary figures are from subscrlp2/ Except $15,000 at 99-21*1tlon and allotment reports; final figures are on "clearance" basis In
H^ Except $100,000 at 99-21*1. $200,000 at 99.216, and $200,000 at 99.215.
dally Treasury statement.
il/ Except $100,000 at 99.300,
1/ Tenders for $200,000 or leoe from any one bidder are accepted In full
^/ Except $150,000 at 99-21"*at aTerage price on accepted conpetltlTe blda.
Kicept $100,000 at 99.21*1.
January 16 maturity.
2^ Except
$550,000 at 99.2U1, $150,000 at 99.235, $10,000 at 99-225,
February 15 maturity.
ii/
$300,000 at 99.220, $100,000 at 99-213, and $75,000 at 99.210.
Bank discount basis.
Except
$100,000 at 99 .3116, and $200,000 at 99 .21*1.
and
at
99.293,
Except $820,000 at 99.30"*, $1,000 at 99-300, $200,000
IJ/
16/ Except $1,000,000 at 99.216, and $800,000 at 99.196.
$100,000 at 99.291.
„ . „
„
6/ Except $1*00,000 at 99.305.
il/ Except $300,000 at 99-925.
and $800,000 at 98.6O8.
18/ Except $100,000 at 98.631, $500,000 at 98.620,
Except $1,000,000 at 99.335, $25,000 at 99.285, and $800,000 at 99.280.
1956-DBc. 17...
1957-Jan. 16...
99.318
98.51*0
98.81*2
.
V
Preliminary.
Treasury Bulletin
2k
DEBT OPERATIONS.
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Qato
subscription
books were
opened
Date
of
Amount of
subscriptions
tendered
Description of security
Issue
FlWt
Mfttupltgr
call
Caah 1/
Aaount leaued
Exchange
For
cash 1/
Allotaent
In exchange
ratio
for other
securities 1/
(In Billions of doUarfl)
2/15/53
2/15/53
a/2/53
y
2-l/U5t Certificate 2-l/25t Bond
1 jr
5 JT
2/15/5'. -A
12/15/58 2/
''/1/53
1-1/2* Note
l'/l/58-EA
5 yr
''/U/53
5/1/53
3-1/'.* Bond
6/15/78-83
30 yr
5/20/53
6/1/53
2-5/8* Certificate
-
6/l/5k-B
1 yr
7/6/53
7/15/53
2-1/2* Certificate
-
3/22/5'. -C
6, n't
8,111'
620
620
383
25 yr
li
I
5,250
''18
100
383
5/
1,188
'•18
'.,858
8,687
100
I.,
6/
S/
100
858
5,902
8/
(tai ant. l/)
8/5/53
8/15/53
2-5/8* Certificate
-
9/15/53
9/15/53
2-5/8* Certificate
2-7/8* Note
-
9/2/53
10/1/53
1-1/2* Note
10/28/53
11/9/53
2-3/''* Bond
9/15/61
U/18/53
12/1/53
2/15/53
1-7/8* Note
2-1/2* Bond
I2/I5/5I.-B
2/l/5lt
2/15/5''
2/15/5''
1-5/8* Certificate
2-1/2* Bond
y
y
5A/5^
9/23 /5Jt
y
ll/22/5'»
'.,72'.
3/15/57-A
3
2,997
2,997
10/1/58-EO
5
121
121
100
8,175
100
7 yr
-
10
5
2/15/55-A
1 yr
5 yr
5/17/5''
1-7/8* Note
2/15/59-A
''
1*
1,71.8
m
100
119
U9
100
2,897
3,886
100
7i m
1-5/8* Note
5/15/57-B
2 yr
7i m
1-1/2* Note
10/1/59-K)
5 yr
8/15/55-D il/
12/15/55-E
8/15/63
8 yr
3/15/56-A
8/15/57-C
2/15/95 15/
1 yr
2 yr
'tO yr
10/1/5'.
e/l5/5k
1-1/8* Certificate
l-l/''* Certificate
2-1/2* Bond
-
1-5/8* Note
Note
2*
Bond
3*
1-3/8* Certificate
-
9,250
10/
12/
3,73'.
3,558
3,806
a
8,190
3,558
3,806
luy
'.,155
99
1 yr
1 yr
6/52/55-?
2,205
9,750
2,897
3,886
3
10/U/5k
2/
7,007
11,177
1 yr
3/22 /55-C
-
2,239
12,5''3
7,007
11,177
B
9
1
6
100
1,71.8
1 yr
6 yr
1-1/8* Certificate
2-1/8* Bond
''/1/55
5/17/55-B
yr
9
100
m
8/15/55-D li/
11/15/60
8/15/5''
8/15/5''
2/15/55
2/15/55
2/15/55
-
Certificate
(tai ant. n/)
m
10
8,175
7 yr
1-1/8* Certificate
m
6
1
u/15/61
J2/l5/5k
3/22/55
11,72'.
'./1/59-EA
12/15/5''
2/1/55
2,788
yr
yr
1-1/2* Note
8/2/5^
,
2,788
1L
''/1/5''
5/17/5''
8/3/5''
1 jr
9/15/5'. -E
12/15/58 2/
5/5/5U
T/Sl/S"!
8/15/5'. -D
m
B
2^ m
100
99
'',919
'.,919
5,359
6,755
5,359
6,755
8,1.72
8, '.72
3,792
3,792
1,92''
1,92'.
100
1
w
3,210
7,936
(tax ant. 16/)
''/1/55
k/
1-1/2* Note
Note
5/3/55
5/17/55
2*
7/8/55
7/18/55
1-7/8* Certificate
-
U/I/60-EA
5 yr
8/15/56 -B 11/
1
198
yr
3,989
3,17''
10,620
3/22/56 -A
100
100
198
2,532
18/
3,17'.
20/
2,202
(tax ant. 12/)
7/U/55
2/15/55
8/1/55
3*
2*
7/20/55
5/17/55
10/11/55
10/3/55
2*
Bond
2/15/95 li/
Certificate (tax ant. 22/)
Note
2-1/1.* Certificate -
'lO
yr
821
1,720
lOi m
6/22/56-B
£1/
1,U86
1,'.86
100
8/15/56 -B iZ/
1 yr
6/22/56 -C
3
"
8
a
6,8H
6,8kl
8,778
2,970
2i/
(tax ant. 22/)
!i/
U/28/55
3/5/56
10/1/55
1-1/2* Note
12/1/55
12/1/55
2-5/8* Certificate
2-7/8* Note
-
3/5/56
12/1/55
2-5/8* Certificate
2-7/8* Note
-
[100
5 yr
lU.
100
yr
12,056
12,056
100
gV
2 yr
6
1-1/2* Note
8/1/57-D
8/6/56
8/15/56
2-3A* Certificate
1
I
.3/22/57-B
100
26/
3,221
10,613
10/1/61-K)
1-1/2* Note
12/1/56
3-1/1.* Certificate
12/1/56
3-lA* Certificate
-
2/15/57
2/15/57
3-3/8* Certificate
3-1/2* Note
-
[2/15/57
3-3/8* Certificate
3-1/2* Note
-
289
289
6i m
1,312
1,312
m
7,271
7,271
8,U1''P
1 I.6I.P
8,'.ll.p
5 yr
6/2U/57-C
100
100
(tax ant. 22/)
I
I
1
1 2/15/57
Ftx>tDotee on foXlowing page.
100
25/)
10/1/56
U/19/56
3/18/57
7,219
2,109
lUi.
2/15/57 -A
6/15/58-A
2-3/U* Note
2A/57
7,219
2,109
6
''/1/56
!t/
1
1 yr
2 yr
7/16/56
(tax ant.
278
9,083
2,283
2y
7/16/56
-
278
9,083
2,283
12/1/56-D
6/15/58-A
'./1/61-EA
It/
5 yr
10/1/60-H)
10/1/57-D
2/l'./58-,
2/l'./58-AJ38/
5/15/60-,
2/ii./58-,
2/iV58-A|^
—
5/15/6O-,
0-aJ
10
lyr
[3 yr
1
yr
U
yr
3
3
>100
1,1.61.?
7,i'89 P
2,U37 P
5,868 p
91.2
p
I
22/
April 1957
25
.DEBT OPERATIONS,
Footnotes to Table 3
Source: Bureau of the Public Debt.
Prellmiiiary fif^urea are from subscription and allotment reports; final figures are on "clearance"
basis in daily Treasury statement.
1/ Consists of all public cash subscriptions and aubacriptlonfl by
United States Govemment investment accounts.
1/ The 2-1^2$ bonds dated February 15 » 1953* were reopened vdth all
the bonds of the series identical in all respects as an exchange
offering for the 2-1 '8% notes which matured December 1, 1953.
Total exchanges in the two offerings amounted to $2,368 million.
For maturing securities exchanged for the new issues* see Table 5.
Exchange offering available to owners of nonmarketable 2-3/^%
Treasury Bonds, Investment Series B-1975-BO, dated April 1» 1951.
For further information on the original offering see "Treasury
Bulletin" for April 1951 » page A-1. Amounts shown are as of
March 31, 1957.
The bond offering was made available for exchange of Series F and G
savings bonds maturing from May 1 through December 31, 1953.
Total allotments on cash subscriptions were limited to approximately
$1,000 million. Nonbank subscriptions in amounts up to and including
$5,000 were allotted in full. All other subscriptions uere allotted
Commercial banks' subscriptions were restricted to an
20 percent.
amount not exceeding 5 percent of their time deposits as of
December 31 » 1952.
The Treasury also reserved the right to allot
limited amounts of these bonds to Government Investment accounts,
which subscribed to a total amount of $118 million.
2/ Also designated tax anticipation certificates, acceptable at par plus
accrued interest to maturity in payment of income and profits taxes
due March 15, 19514Subscriptions for amounts up to and including $100,000 were allotted
Subscriptions for amounts over $100,000 were allotted 6?
in full.
percent but in no case less than $100,000.
Subscriptions
for amounts up to and including $10,000 were allotted in
2/
full.
Subscriptions from mutual savings banks, insurance companies,
pension and retirement funds, and State and local governments were
allotted 2lj. percent. All others, including commercial banks, were
allotted 16 percent but not leas than $10,000 on any one subscription.
10/ Subscriptions for amounts up to and including $10,000 were allotted
in full.
All other subscriptions were allotted 22 percent but in no
case less than $10,000.
11/ Also designated tax anticipation certificates , acceptable at par plus
accrued interest to maturity in payment of income and profits taxes
due March 15, 1955.
12/ Subscriptions for amounts up to and including $50,000 were allotted
Subscriptions for amounts over $50 ,000 were allotted
in full
ho percent but in no case less than $50,000.
13/ The 1-1 ''856 certificates dated August 15 » 1954, were reopened with
all the certificates of the series identical in all respects , as an
exchange offering for the 1-7 ''8% notes which natured December 15,
1951+ » the 2% bonds which natured December 15, 195l|, and the 2% bonds
which were called for redenqition on December 15, 1951+.
Total exchanges in the two offerings amounted to $8,1+77 million.
Ik/ Subscriptions for amounts up to and including $50 ,000 were allotted
in full.
Subscriptions for amounts over $50,000 were allotted 50
percent but in no case less than $50,000.
15/ The 3% bonds dated February 15 » 1955, were reopened with all the bonds
of the series identical in all respects, as an additional cash offering
on July 11, 1955.
The total amount issued in the two operations was
$2,7U5 million.
,
y
.
16/ Also designated tax anticipation certificates, acceptable at par plus
accrued interest to naturity in payment of income and profits taxes
due June 15, 1955.
12/ The 2% notes dated May 17, 1955 » were reopened with all the notes of
the series identical In all respects, as an exchange offering for the
1-1^8$ certificates maturing August 15, 1955. Total exchanges in the
two offerings amounted to $10,015 million.
18/ Cash subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 62 percent but in no
case less than $100,000.
12/ Also designated tax anticipation certificates, acceptable at par plus
accrued interest to maturity in payment of income and profits taxes
due March 15, 1956.
2Q/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 19 percent but in no case
less than $100,000.
21/ Subscriptions from savings-type investors totaled $749 million and
were allotted 65 percent. Subscriptions from all other investors
totaled $970 million and were allotted 30 percent.
Subscriptions
for $25,000 or less were allotted in full.
Subscriptions for more
than $25,000 were allotted not less than $25,000.
In addition to the
amount allotted to the public, $25 million of the bonds were allotted
to Government investment accounts. Savings-type investors were given
the privilege of deferring payment for the bonds, provided that not
less than 25 percent of the bonds allotted were paid for by July 20,
1955, not less than 60 percent by September 1, 1955, and full payment
by October 3i 1955.
22/ Also designated tax anticipation certificates, acceptable at par plus
accrued interest to matiirity in payment of income and profits taxes
due Jxine 15, 1956.
2X/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 32 percent but in no case
less than $100,000.
21^/' The 2-7/856 notes dated December 1, 1955 » were reopened with all the
notes of the series identical in all respects, as a partial exchange
offering for the 1-5 '856 notes mturing March 15, 1956. Total exchanges in the two offerings amounted to $1|,392 million.
25/ Also designated tax anticipation certificates, acceptable at par
plus accrued interest to imturity In payment of income and profits
taxes due March 15, 1957.
26/ Subscriptions for $100,000 or leas were allotted in full. Subscriptions for more than $100,000 were allotted 29 percent but
in no case leas than $100,000.
22/ Also designated tax anticipation certificates, acceptable at par plus
accrued Interest to maturity in payment of income and profits taxes
due June 15 > 1957.
28/ The 3-3/8$ certificates dated February 15, 1957, and the 3-l/25t notes
dated February 15 1957, were reopened with all the certificates and
notes of each aeries identical in all reapects, as an additional cash
offering on March 18, 1957. Total issues in the two offerings amounted
to $10,851 million for the certificates and $2,1+06 million for the notes.
22/ Subscriptions in excess of $100,000 were allotted 31 percent for the
certificates and 12 percent for the notes. Subscriptions for $100,000
or lees for both issues were allotted in full and aubscriptiona for more
than $100,000 were allotted not less than $100,000.
In addition to the
amount allotted to the public , $100 million of the notes were
allotted to Government inveatoont accounts,
p Preliminary
»
26
April
m7
27
.DEBT OPERAriOMS.
Table 5.- Dieposltion of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Treasury Bulletin
28
.DEBT OFIIiAriONS.
Table 5.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness - (Contlnuedl
April i957
29
.UHTEED SrtlSES SAVIUGS BOKDS.
United States savings bonds were first offered In
March 1935 a"'' began to mature In March 19'*5- Series A-D
were sold between March 1935 and the end of April 19**!,
were first offered In May ig"*!.
and Series E, F, and
When Series E began to mature on May 1, 1951> owners of
the matured bonds were offered three options:
To redeem
the bonds In cash In accordance with the original terms;
to retain them with an extended maturity of 10 years at
specified rates of Interest accrual; or to exchange them
for Series
May
1,
(J
bonds.
A number of changes became effective
The rate of
The principal ones were:
1952.
details of these changes see "Treasury Bulletin" for
May 1953, page A-1. Series F and
began to mature on
May 1, 1953- For the exchange offering made to holders
of these bonds maturing through December 31, I953, see
the May I953 Issue, page A-1. The Treasury Invited
holders of Series F and G
irtilch began to mature In January
reinvest the proceeds In other series of savings
bonds. In the tables which follow, Series A-F and J sales
are Included at Issue price and total redemptions and
195'* to
amounts outstanding at current redemption values.
Series G,
and K are Included at face value throughout.
Matured
H,
interest accrual on Series E was Increased, especially for
bonde whloh have been redeemed are Included In redemptions.
with corresponding changes In extended
Matured F and d bonds outstanding are included In the
Series E; and Series P and d were replaced by two new
Interest-bearing debt until all bonde of the annual series
have matured, when they are transferred to matured debt
upon which Interest has ceased.
the near term,
Issues, Series J and K, also at higher Interest rates.
A new current- Income bond, Series H, similar In Interest
return to Series
E,
was offered beginning June 1.
For
Table 1.- Sales and Redemption by Seriee, Cumulative through February 28, 1967
(Dollar aaouats In mlUloos)
Amomt outatandlQg
Sales plus
accrued
dlscoint
Aocroed
diacouit
Serleo A-D i/
Series E and E
Seriee ?, 0, J, and K l/.
Total A-£
Source:
3,9^9
87,589
31,909 2/
l.OSU
i23,kk6
Dall; Treasury atateaent; Bureau of
Table 2.
995
5,003
98,651
32,90k
13,U2
136,558
U,062
tike
Public Debt.
Interestbeeorlng debt
Matured debt
t.gei
57,201 2/
18,080
"•1,1150
1A,373
"•51
80,2I>1
55,823
U9l>
BedenptloDS of Interestbearing series as
percent of aaies plus
accrued discount
l>2
Footnotes at end of Table
57.98
31.93
It.
Sales and Redemptions by Periods, All Series Combined
(In
Acorusd
Period
Bedenptlone
dlacowt
nilona
of dollars)
Bedeaptlcos
Salea plus
accrued
dlacoiAt
Aaomt outstanding
jt/
Salee
price 2/ §/
Accrued
diacount §/
Interestbearing debt
30,626
56,260
57,536
57,572
57,685
57,886
58,061
58,365
Matured debt
neoal years:
1935-19^9
1950
1951
1952
1953...
82,979
5,673
3,981
l,0k5
5,1'>3
1,1".9
3,925
••.562
1,207
1,229
195*2/
5,1.91.
1,23">
1955 2/
1956
6,1.73
5,81.6
1,231
1,211.
85,603
".,".86
6,07".
1,10".
3,961
U,l6l
1,181
1,220
1,237
1,236
1,216
1,217
,
,
,
Calendar years:
1935-19^9
1950
1951
1952
1953
li,800
195lt
6,173
6,276
5,517
1955
1956
Months;
1956-July
August . . .
September
October...
Rorember
December.
.
1957 -January . .
February.,
Source:
121.
U36
355
1.1".
389
390
b96
386
89
89
87
95
ISU
126
89
Daily Treasury statement; Bureau of the Public Debt.
29,567
1,059
5,1.22
1,91.5
1.77
5,609
l.,6W
5,072
5,875
528
7,70".
6,137
5,109
5,621
6,515
7,251
6,1.83
7,060
7,81.6
7,<k6
90,089
7,178
5,1*2
5,381
6,037
33,179
31,921.
5,81«)
5,323
5,150
5,0711
6,11.9
l',565
7,".09
7,"t91
6,985
7,301
6,731.
8,261.
6,31.8
6,1.57
7,1.27
609
525
UU
7*9
582
523
501
61.1.
581
61.
US".
692
728
620
668
1,070
728
992
6U1
86,959
6,718
6,292
5,132
5,791
6,727
515
621
1.75
5,651
5,552
".69
51.8
639
768
820
1,255
517
501
509
597
637
57,1.97
56,707
58,019
57,587
57,91.0
57,710
57,672
81.1.
57,921.
838
56,293
677
72
511.
67
1.69
51.
59
57,376
57,338
57,273
57,ll«
56,9k6
56,293
77
87
56,010
55,823
Footnotes et end of Table
73
"..
73
92
212
122
91
128
277
360
203
229
152
106
225
686
62U
725
31.1
323
310
297
285
725
559
U9I.
30
Treasury Bulletin
.UKITED STATES SAVIHGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series B through K
(Id BllllonB of dollars)
Accn*ed
dlacoiaat
Salee plus
accrued
discount
Redemptions
Total
^
Sales
price S/ 6/
AmoTmt outstanding
Accrued
I
dlscomt §/
Interest-bearing
debt
Series E and B ccBblzied
Fiscal jeara:
19U1-191.9
1950
1951
1952
1953
1951.
2/
1955 1/
1956
211,351
51., 701.
2,771.
57,1.79
3,993
3,272
3,296
895
1,035
.,887
3,521
'.,307
U,li07
l.,295
l.,06l
1,120
1,126
1,123
1,11U
It
,653
5,225
5,260
1,U1
ii,ooe
038
5,181
5,779
I.,
6,31.8
6,371.
l.,5W.
l.,730
59.863
26,097
3,912
l',3l>5
23,856
3,326
3,987
3,583
3,538
3,791
3,909
l.,072
U96
195
307
33,127
1.25
31., 905
500
551.
36,01.8
37,1.82
636
658
1.0,929
3l.,l>9l»
311,506
39,285
Calendar years
I9UI-19I.9
25,510
3,667
3,688
3,622
3,625
3,909
588
2U5
3U8
33,766
1.76
35,321*
36,663
38,233
55
57
1.1,053
1.1,126
1.1,166
1953
56,662
3,668
3,190
3,575
.,368
1951.
l.,889
3,201
971
1,080
1,120
1,128
1,126
1955
1956
5,368
l,li3
6,1.81
U.UIJ.
l.,652
5,01.3
1,121.
6,167
U,832
l.,l61.
531
535
702
668
U3
112
555
1.31
85
85
1.87
UlU
1.20
380
376
357
332
1.8
80
88
U70
1.11
353
I.5U
368
392
310
57
58
U77
3l»5
1.7
580
W15
51.7
1.88
60
1.1, U30
U26
353
73
U1,1.50
1950
1951
1952
Months:
1956 -July
August ...
September
1.03
335
October..
November
December.
390
366
363
1957-January..
February,
1.65
nu
U5
361
85
l.,639
l.,270
l.,69l.
5,1.96
6,015
l.,036
11,098
l.,157
3,91.9
3l',l.93
31., 727
1.0,063
1>1,398
1.1,226
1*1,312
1*1,398
Matured debt
April 1957
31
.UNTIED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K -(Continued)
(in mllllona of dollars)
Accrued
discount
Bedsmptlons 2/ \J
Sales plus
accrued
discount
Sales
price S/
Fiscal years:
19511
5^,70U
3,993
3,272
3,266
3,700
3,988
1955
1956
'',095
>*,219
2U,35i
2,77't
57,'t79
895
1,035
1,111
1,120
1,126
1,123
l.llU
U,887
3,201
971
1,080
1,120
1,128
1,126
1,113
1,12U
59,863
U,639
It
,270
351
336
289
112
k6k
Ul8
85
It21
1(02
85
373
366
October...
November .
December .
338
31U
309
80
88
1.18
396
U03
35".
UU
lt23
376
1957-January...
Kebruary .
391.
115
85
509
530
U09
19l,l-i9U9
1950
1951
1952
1953
'',307
•,377
U,821
5,11''
5,218
5,333
Calendar years:
56,662
3.668
3,190
3,393
3,906
19ltl-19't9
1950
1951
1952
1953
195*
1955
1956
'',023
U,192
U,lli2
Months:
1956 -July
August. . .
September
.
316
Fiscal years:
30
360
665
1,130
1952
1953
195"*
1955
1956
l.Olil
Calendar years:
1952
182
U62
866
1,177
1953
195''
1955
1956
901
Months:
1956 -July
August...,
September
October .
Norember .
December.
.
1957-January
February •
.
Source:
.
91
66
l>6
52
52
5U
71
111)
Daily Treasury statement; Bureau of the Public Debt
'•,513
5,03't
5,1''9
5,30l»
5,266
liOl
y
Accrued
discount
^
Amount outstanding (interestbearli^ debt)
Treasury Bulletin
32
.UNITKD STAEES SAVINGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonda
(In nllUons of loUars)
Matured tosds
Bsrlod 3/
Total
aAtimd
^
Series
A-D
Total
Far
cash
Utamattired
In exchange
for Series G
ani K
Series
F anlG
Total
unnatur«d
bonds
Sales
price 5/
discount
Flecal jeare:
1951
195a
1953
1951
1955
1956
6,137
5,1<9
5,621
6,515
7,251
7,eU6
37
5,320
l*,996
32lt
69I1
l*,317
u.oue
3,622
3,577
271
238
817
779
792
90
31
38
702
1,128
1,126
18
l,'t87
1,1.86
lit
l,8a6
1,917
1,825
1,917
2li9
l*,879
962
),326
It, 059
1,761
2,71*7
3,9111
".,263
11
6OBI2/
l,2ltlW/
2,101
3,860
3,768
3,310
3,11*2
191
l£8
2,335
3,583
3,1*39
lltJi
U,853
'*,5e3
l',571
270
308
253
217
C*i*Tw<iw years:
5,8U0
5,651
5,07k
6,1U9
6,985
7,301
1950
1951
1952
1953
WS"*
1955
1956
8,a61i
Months:
1956<ulor
August...,
September,
October..,
Boveober.,
Ziecamber.,
1957-Januai7 . .
February .
987
987
518
1,015
2.318
3,171
2U
lit
25i
968
1,52?
1.500
,230
13
I1.2I.6
10
772
It
lt7
2,0!t7
1,''99
2,01(7
967 as/
1,657
2,169
1,891
1,891
2,31*5
229
151
71*9
381.
15lt
ISlt
582
523
312
207
160
130
160
130
157
161
127
157
161
127
208
206
6hk
692
728
1,070
723
2lt6
302
301
Source: Dally Treasury statecent.
1/ Details by aerlea on a ctmulatlTe basis and by periods for Series A-D
ccmbloed vlU be foixid In the February 1952 and preTlous Issuea of the
"Treasury Bulletin."
bonda begin2/ Includes exchanges of matured Series B bonds for Series
ning May 1951 and for Series S bonds beginning Msy 1952.
Sales of Series J and K vlll be discontinued at the olcee of business
on April 30, 1957.
U/ Includes both matured and unmatured bonds; aee Table It.
Includes total value of redemptions not yet claselfled betMeen matured
and uimstured bonda
6/ A change In procedure, beginning In June 1951*. for processing redeemed
eavlnga bonds has resulted In a high level of redemptions not yet
classified between matured and mmatured bonds. This increase temporarily obscurea the relationship between the redemption colunns showIr^ sales price and accrued discount In Tables 2 through It and also
the relatlcDship between the matured and umatursd eeotlooB of Table It.
^
167
1*25
387
76
3.831
3,8lli
3,071
I., 016
36
270
316
3,806
3,613
3,655
3,862
159
167
156
351
257
13
30I1
11
2,901*
lit
m
398
390
38I.
lU
371
173
1.27
ItlA
19
12
257
178
61t5
629
325
16
16
89
31*1
(So« alao footnote 5). The subeftquent dletrlbutlon of thie high
level of uoclasalflod redemptlooe may be large enough la anj inontb
to ebov rodemptioDs of loatured bonds for a seriea In Table h vhlch
are greater than the total redei^tlans of that aeries aa shoim In
Table S/ ^^ to shov a negative Ib the umatured section of Table iv
Hed\ictloa3£ vere laade In laeues and redenptlons of Serlee E, E, F, G
J, and K In July 19^ to ccnpeoaate for the errcnaooo Inolusloo of
reissue transactions In June 19^ as reported In the dally Treaeiiry
atateaeixt. The amoxinta Involved were as foUovs: $l8 ml 111 on for
lasuss of Seriea E and H and $17 million for losuea of Series F, G,
J, and E; and $3^ million for unclassified retlreibenta.
Sales began June 1, 19^.
Coiiq>arabls data are not available prior to January 19^*
Includes ezchacgoB of Series 19'»1 ? and C savings bonds for Treaaur
3-1 Alt bonds of 1978-83,
Less than $^00,000.
.
'
1/
^
10/
April 1957
33
.OWNERSHIP OF FEDERAL SECURITIES.
Table I.- Dletrlbutlon of Federal Securities by Classes of Investors and Types of Issues
(In BUlinnn of dollars)
Intarast-bearlng securities Issued
bj the 0. S. Goverxiiient
Bid of
fiscal
jear or
onth
Total
Federal
securities outstanding
1/
Beld by D. S. Goremnent
Inrestoent accounts 2/
Total
outstanding
Public
Issues
252,798
257,377
255,251
259,151
266,123
250,762
255,209
252,852
256,863
263,9^6
38,288
37,830
Uo,958
271,3'<1
27t,l»l8
268,910
Ii9,3li0
271,7''l
50,536
272,825
269,883
1955-1)60..
280,822
1956 -July.
Aug..
Sept.
272,719
Oct..
Nov..
Dec..
275,372
277,111
276,731
1957 ^an..
Feb..
276,335
276,378
19'>9
1950
1951
1952
1953
195l>
1955
1956
275,6ltli
27U,3li6
5,512
5,1.7'.
Special
Issues
32,776
32,356
Interest-beerlng securities guaranteed by the U. S. Goremnent U/
Beld b7 private
Inrestors
Public
marketable
public
issues
Issues
18,331
22,982
22,906
193,131
199,048
188,911
169,623
211,71.6
191,61.0
25,037
23,607
23,758
1911,533
2/
Public
nonmarketable
Issues
Total
Investment
outaccounts
standing and
Federal
Beserve
Banks 2/ 5/
1.3
80
2,351
126,301.
72,762
69,723
66,351
53, '•70
1.2,289
1.3,250
l»5,Ul>
277,799
51,723
7,798
1.3,926
24,785
201,291
13".
,230
67,061
269,972
272,959
271,660
53,768
8,ltUt
1.5,353
511,379
5lt,lte
8,325
8,308
1.6,0511
23,1.38
23,851.
23,660
192,766
194,726
193,839
126,550
128,571
127,800
66,216
66,155
66,039
272,720
53,883
8,U01
1.5,1.82
23,767
195,070
129,21.1.
27'', '•71
5lt,lliO
8,iiie
21.
,385
511,001
8,363
2l»,915
195,91.6
195,301.
130,363
,219
1.5,722
1.5,639
130,1.51.
65,826
65,583
64,850
273,698
273,919
53,851
8,520
8,562
1.5,331
23,1.21
196,1.26
511,032
1.5,1.70
22,887
197,000
131,917
132,760
64,509
64,240
106
108
41
27'<
37,739
10,538
1.5,831.
Da51y Treasury statement for total ajsouots outstanding; reports
from agencies and trust funds for securities held by U. S. Government
Investment accounts; and reports from Federal Eeeerve ^stem for
securities held by Federal Keserve Banks.
Includes certain obligations not subject to statutory liaitatlco.
For amounts subject to limitation, see page 1.
Includes accounts under the control of certain U. S. Government
agencies whose investosnte are handled outside the Treasul?; excludes
Federal land banks after June 26, 3947, vhen the proprietary Interest
of the United States In these banks ended.
197,598
192,655
I
Public
nonmarketable
Issues 6/
44
51
13
16
7,111
7,286
8,356
117,560
Public
marketable
issues
Matured
debt
and
debt
bearing
no
Interest
24
17
27
3'',653
W,335
Held by private
Investors i/
62,714
67,419
77,249
74,437
72,511
130,1.17
131,629
111,663
115,185
119,129
6,305
6,596
7,021
Source:
X/
n. s.
GoTemaent
Banlcs -
19,31.3
Held b;
^
Held by
Federal
Beserre
121,771
127,&?5
27
51
11
1
2,012
2,150
2,372
2,244
2,126
1.3
3
73
25
80
41
48
52
8
44
2,970
73
79
84
26
27
27
47
52
57
2,675
2,607
2,601
89
29
59
93
102
33
36
60
66
2,564
2,546
2,409
39
67
67
2,532
2,351
2,631.
2,869
The total amount of Interest -bear lug secxirltlee held by private InTestore Is calculated by deducting f^om the total amount outstanding
the amount held by 0. S. GoTemment Investment accounts and Federal
Beserve Banks.
deludes giiaranteed securities held, by the Treasury.
All public marketable Issues.
Consists of Commodity Credit Corporation demand obligations stated as
of the close of the previous month.
Less than $^00,000.
Table 2.- Net Market Purchases or Sales of Federal Securities for
Investment Accounts Handled by the Treasury i/
Treasury Bulletin
3^
^
.OWNERSHIP OF FEDERAL SECURITIES.
Table 3.- Estimated Ownership of Federal Securities
(Feo'
End of
month
values 1/ in t>lUloiis of dollars)
Held by private oonbank Investors
Held by )>anks
Total
Federal
securities
outstanding 2/
U. S.
Federal
Reserve
Banks
cial
banks
i/
Individuals
Oovemment
InTestment
accounts
^
^
Insurance
ccmpanles
Savli^e
bonds
Mutual
savings
banks
Corporations 6/
State and
local
governoents 2/
1939-DBCember...
1>7.6
18 .U
15.9
2.5
6.5
22.7
1.9
8.2
6.3
3.1
19ltO-June
1.8.5
16.1
17.3
2.5
2.2
7.1
7.6
22.8
23.9
10.1
10.6
2.6
2.8
7.5
7.8
6.5
6.9
3.1
3.2
2.1
2.0
.1.
19.7
8.5
9.5
25.0
31.0
11.2
13.6
3.6
7.1
8.2
3.7
2.0
u.o
.6
5.1.
7.6
8.2
3.1.
21.1.
2.2
2.3
26.0
Ul.l
2.6
6.2
10.6
12.2
37.7
53.0
17.8
9.1
8.7
9.2
3.9
1..9
.9
23.7
13.1.
10.3
U.3
1..5
10.1
1.0
52.2
59.9
7.2
11.5
11..
67.0
81.7
30.9
37.6
19.2
11.7
12.9
13.1
15.1
5.3
12.9
21..
6.1
16.1.
1.5
2.1
68.1.
II..9
19.1
17.1
7.3
8.3
3.2
53.3
17.3
19.6
20.2
21.7
31.2
36.2
II..9
18.8
100.2
IIU.O
1.6.1
77.7
8U.2
90.8
21.1.
1..3
21.8
21.
1.0.7
27.0
128.2
136.6
59.1
21..
61..
1.2.9
18.5
21.2
22.7
2U.0
9.6
10.7
23.3
22.2
5.3
6.5
28.0
29.1
30.9
135.1
132.6
130.7
61..
1.3.3
20.8
2U.1.
63.3
1.3.5
21.
.9
1.1..2
21.
.9
19.9
17.8
15.3
6.7
6.5
.2
19.9
20.1
11.1
11.5
11.8
133.7
131.3
66.6
65.7
1.5.5
1.6.2
21.1
21.
.6
19.1.
23.9
12.1
12.0
13.7
lU.l
7.1
7.3
130.7
129.7
65.8
65.5
1.7.1
1.7.6
18.6
17.6
22.8
21.2
12.0
11.5
13.6
.8
7.8
7.9
66.6
66.3
1.8.6
17.8
17.0
20.5
20.1
U.6
1.9.3
11.1.
15.6
16.8
8.0
8.1
18.1.
19-7
8.7
8.8
20.1
20.7
9.6
December
.
19Ul-June
December.
.
50.9
18.6
19.5
.
55.3
6U.3
21.8
23.7
77.0
112.5
28.7
19l*2-June
December
.
IUO.8
170.1
59. Ii
.
.
.
202.6
232.1
83.3
96.5
.
.
259.1
278.7
106.0
115.0
279.8
269.9
259.5
116.7
108.2
97.9
19lt3-June
December
19ltU-June
December
19''5-June
December
1>7.3
19lt6-February 2/
June
December
258.
19li7-June
71.5
81.
.U
22.9
23.8
71.
93.8
16.9
.9
.5
23.3
70.0
68.7
21.9
22.6
32.8
61.
.1.
.5
.7
6.3
December.
.
257.0
91.9
91.3
igUS-June
December.
252 .It
252.9
85.9
85.8
61.
.6
21.1.
35.6
.
62.5
23.3
37.3
85.7
63.0
66.8
19.3
18.9
38.3
.
252.8
257.2
82
December.
39.1*
132.2
132.1
1950-June
December.
257. •
65.6
61.8
67.1.
20.8
37.8
39.2
135.6
256.7
83.9
82.6
18.3
.
131.. 9
66.3
1.9.9
1.9.6
17.6
16.7
19.8
18.7
11.6
10.9
1951-June
December
81.
85. ll
58 .1.
61.6
23.0
23.8
61.
.6
U9.I
16.3
15.5
17.1
16.5
10.2
1.2.3
132.9
131.8
1.9.1
. .
255.3
259.5
65.1.
.
1952 -June
December .
259.2
81>.0
61.1
22.9
1.1..
130.8
61.
.8
1.9.0
88.1
63.1.
21).
1.5.9
133.1.
65.1
1.9.2
15.7
16.1
9.5
18.8
19.9
10.1.
267.'!
15.7
16.0
9.6.
. .
83.6
89.6
58.8
63.7
21..
U7.6
66.0
1.9.3
16.8
25.9
1.8.3
135.0
137.3
61..
U9.1.
15.1.
16.0
15.8
9.5
9.2
16.7
21.6
12.0
12.7
63.6
69.2
25.0
1.9.3
1.9.5
63.0
50.0
15.0
9.1
8.8
16.9
19.8
13.9
U9.6
15.0
13.1
15.3
.9
133.3
135.1
61..
21.
.2
23.6
23.6
23.8
1.9.1.
136.9
136.7
61..
50.2
50.2
50.2
50.2
11..7
15.0
15.3
IU.7
19-5
19.3
21.2
1U.6
15.0
8.B
8.7
8.7
8.5
21..
15.1
65.9
66.5
67.2
50.3
15.6
16.2
16.8
lit
8.5
8.5
8.5
2U.3
15.1.
67.1
67.1
66.9
50.1.
13.6
13.5
13.3
8.5
50.3
16.6
16.7
15.6
16.8
16.9
17.1
13.3
13.1
13.1
I9'i9-June
,
.ll
.
.
266.1
275.2
.
271.3
278.8
88.7
.
1955-March
June
September..
December...,
27'*.
87.8
87.1
85.9
86.8
1956-Januar7 . . . .
February...,
March
280.1
280.2
276 .•
81.
April
May
June
275.8
276.8
272.8
81.8
July
September..
272.7
275.6
27U.3
October....
Hovember...
December...
1957-Januarj p..
1953-June
December .
,
195li.June
December.
<
,
Augwt
9l».l
61.
3U.I.
kl.O
11.
.6
Ik.
.8
23.5
23.5
23.6
51.7
51.8
51.9
1W..5
23.3
23.5
23.8
51.6
52.5
53.5
1U2.5
80.8
58.5
57.8
57.1
79.9
81.5
81.3
56.5
57.6
57.6
23.1.
53.8
23.9
23.7
5k.l.
67.0
67.2
.2
139.0
139.7
138.9
67.1.
50.3
50.3
50.2
275 .k
277.1
276.7
81.8
83.1
58.0
58.7
23.8
53.9
5U.2
139.7
139.9
.3
59.1.
21..
51..
136.1.
50.2
50.1
50.1
17.1
17.1
16.9
13.2
13.1 r
81.
67.3
67.2
67.1
276.3
81.9
58.5
23.1.
53.9
U.0.6
66.9
1.9.9
17.0
277.5
280.8
.0
83.0
81.9
81.3
63.5
62.1
62.0
60.5
59.5
58.3
21.
21.
.1.
51*
Source: Office of the Secretary, AnaljelB Staff, Debt Dlvleion.
1/ United States eavlnge bondo, Serleo A-F and J, are Included at current redemption value.
2/ Securities Issued or guaranteed bj the U. S. Gcnremment, excluding
guaranteed Bccurltlee held by the Treasury. For amounte subject to
statutory debt limitation, see page 1.
i/ Conalate of commercial banks, trust companies, and stock savings
banka in the United States and In Torrltoriee and Island posaeseione.
Figures exclude securities held in trust departments.
Uj Holdings by Federal land banks are included under "Miscellaneous
investors" Instead of "U. S. Government Investment accounts" after
June 26, 191*7, when the proprietary Interest of the United States
in these banks ended
Includes partnerships and personal trust accounts. Nonprofit
^
6U.8
65.5
6U.9
50.5
51.2
51.7
27!' .U
lltO.l.
1U2.3
II15.3
iua.6
11.3.0
138.5
50.1.
50.1.
50.1.
8/
2/
p
.2
9.1.
11.1
lU.U
1I..7
11.
.9
2l>.>t
15.6
21.1
15.7
21.1
21.5
18.0
15.7
15.8
15.7
8.1.
18.3
8.3
8.3
19.1
18.0
15.8
15.6
15.8
8.1
8.1
8.0
18.9
12.8
18.8
15.6
15.8
15.7
12.9
8.1
20.6
15.8
X3.9
13.6
8.1.
8.U
19.1.
Institutions and corporate pension trust funds are Included under "Mlecellaneoua investors
Exclusive of banks and insurance companies.
Consists of trust, sinking, and Investment funds of State and local governments and their agencies, and Territories and Island possessions.
Includes savings and loan associations, nonprofit Institutions, corporate
pension trust funds, dealers and brokers, and Investments of foreign balances
and International accounts in this country. Beginning December 19^6, Includet
investnwnte by the International Bank for Reconstruction and Development and
the International Monetary Fuai in special nonlnterest-bearlng notes issued
by the U. S. Government.
Immediate postwar debt peak.
Preliminary
Revised
.
1/
Ik .3
9.8
11.
35
April 1957
.TREASORT SDKVET OF OWHH^SHIP, JAHDAKY 31, 1957.
The Treasury Survey of Ovmershlp covers securities
Issued by the United States Oovernment and by Federal
ance companies is published each month. Holdings by commer-
Distribution of ownership by types of banks and Insur-
The banks and Insurance companies Included in
cial banks distributed according to Federal Reserve member-
the Survey account for approximately 95 percent of such
securities held by all banks and Insurance companies in
bank classes and nonmember banks are published for June 30
and December 3I. Holdings by corporate pension trust funds
Data were first published for
the United States.
March 31, 13^1, in the May 19IH "Treasury Bulletin."
Bulletin for quarters beginning December 3I,
agencies.
are published quarterly and first s^jpeared in the March
Sectlon I.- Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of AH Securities
(Par values
-
In inlllioDs of dollarB)
19'*9-
195'''
Treasury Bulleth
36
.TREASORr SORVET OF OWHBUSIP, JAIDAR7 31, 19^7.
Section I.- Securities Issued or Guaranteed by the United States Governinent
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par TaluBS - In mlllionfi of dollars)
April 1957
Treasury Bulletin
3«
.TREASDKT SOFVET OF OWNISfflIP, JAHUARY 31,
Section II
1957.
Interest-Bearing Securities Issued by Federal Agencies but
Not Guaranteed by the United States Government
(Par Taluea * In millions of dollars)
April 1957
39
.
MAFKET QTX)TATIONS OR TREASURY SEXHIRITrES, FEBRUARY 28, 1957.
Current market quotations shown here are over-the-
public marketable securities Issued Dy the United States
counter closing bid quotations In the New York market
Oovernment except Panama Canal bonds. Outstanding
Issues which are guaranteed by the United States
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
The securities listed Include all regularly quoted
Government are excluded because they are not regularly
quoted In the market.
Table 1.- Treasury Bills (Taxable)
Amount
k-0
Treasury Bulletin
,
MARKET QUOT/«riONS OH TREASURY SECDRITIES, FEBRUARY 28, 1957.
Table 4.- Taxable Treasury Bonds
I
April 1957
1+1
MAEKET QUOTATIOHS ON TREASURY SECUBITIES, FEHRUABY
28, 1957.
« «
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UJ
CO
UJ
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Treasury Bulletin
fa
.AVER/GE YIELDS OF IX)NG-TER1 BONDS.
Table 1.- Average Yields of Taxable Treasury and Moody's Aaa Corporate Bonds by Periods
(Percent per annum)
PART A.- SERIES
Moody's Aaa
corporate
bonds
Treasury
boQda 1/
Annual series
-
19''''
.1.8
19''?
.37
2.71'
2.98
1952 -June
2.71
2.70
2.93
July
2.96
2.93
2.93
September.
October
19i'7.
19'.8.
2.31
19'»9.
Monthly series
2.61.
2/
2.57
2.53
2.61
2.82
2.66
3.19
2.33
2.73
2.72
2.62
March
April
May
Moody's Aaa
corporate
bonds
Moody's Aaa
c orporate
bonds
Treasury
bonds 1/
calendar year averages of monthly series
.1*6
1952 -January..
February
TO APRIL 1953
Treasury
bonds 1/
igte
WltS
.''7
PWOS
August.
.
-
1950
1951
2.32
2.57
1952
2.68
2.62
2.86
2.96
1952-Soyember.
December
2.71
2.75
2.98
2.97
1953 -January..
2.80
Febrxiary.
2.83
2.89
3.02
3.07
3.12
averages of dally series
2.61
2.61
2.70
2.71
..
2.9''
2.95
2.91t
2.95
3.01
2.7''
March
PART B.- SERIES BHJDmilC APHII. 1953
Treasury bonds,
due or callable
Treasury bonds,
due or callable
Moody's
Aaa
corporate
bonds
nrcm 10 to
20 years
TTaa 10 to
20 years
20 years
and after
1953.
195k.
2.92 i/
2,52
3.15 k/
2.71
3.20
2.90
1955.
1953 -April.
May...
J\Ae.
2.96
3.09
3.11
2.99
2.99
2.95
3.2U
3.26
3.29
3.25
3.22
3.19
3.06
3.0U
2.96
3.23
1955-January
February
March.
April.
May...
Annual aeries
-
July..
August
September
October
November
December
1951* -January.
February
March.,
April..
May ...
June. ..
July...
August.
September
October.
November
December
2.81
2.83
2.77
2.67
2.58
2.50
2.l'5
2,52
2.53
2.I15
2. ''6
2.50
2.52
2.55
2.57
2.90
2.85
2.73
2.70
2.72
2.70
2.62
2.60
2.6U
2.65
2.68
2.68
3.28
3.2lt
3.29
3.16
3.11
3.13
3.06
2.95
2.86
2.85
.88
.90
.89
.87
.89
.87
.89
.90
From 10 to 20 years
and after
20 years
Moody's
Aaa
corporate
bonds
calendar year averages of monthly series
2.80
Monthly series
3.I1O
20 years
and after
Treasury bonds,
due or callable
Moody's
Aaa
corporate
bonds
Jme..
July..
August
September
October,
November
December
1956 -January.
February
March.
April.
May...
June..
July..
August
September
-
2.9''
3.06
1956.
3.06
1956 -October..
November.
December.
3.18
3.30
3.11
3.36
3.21*
3.31
3.37
3.59
3.69
3.75
3.37
3.26
3.77
3.67
averages of daily series
2.66
2.72
2.72
2.77
2.76
2.77
2.88
2.91
2.88
2.eE
2.85
2.88
2.77 5/
2.92
2.92
2.92
91
91
96
02
00
96
96
97
9U
2.96
2.82
2.90
3.05
.93
.99
oe
,01
.oil
_
.05
3.06
3.11
3.13
3.10
3.10
3.15
98
3.11
3.08
3.10
10
03
3.28
93
2.9I1
_
2.89
2.97
3.15
3.19
2.98
3.05
3.19
3.25
3.21*
3.26
3.28
3. ''3
3.56
1957-Jenuary ,
February.,
3. ''3
3.33
3.20
April
m7
^3
.AWRPGE, YIELDS OF LONG-TEPM BONDS.
o
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11
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Q.
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4.1f
.INTEBHAL REVENUE COLLECTIONS.
Table 1.- Summary by Principal Sources
(In thouaands of dollars)
Flecal year
or montb
Budget
receipts
from
Internal
rerenue
MJUBtaent of
collectlone
to l)udget
receipts i/
Total
collections
reported by
Internal
Revenue
Service
1.1,853 .kS?
+271,023
-11,057
1.1,861., 51.2
"10,307,285
-155,81>0
l.O,U63,125
1950
1951
39,l''»8,607
«4.91,1.75
38,957,132
51,106,095
.660,1.09
50,1.1.5,636
1952
1953
195U
1955
1956
65,63l.,89U
70,170,97''
+625,308
+1.81., 1.39
65,009,586
69,686,535
70,299,652
66,288,692
75,109,083
+36* ,672
69,93'' ,980
39,379,''09
19'»7
19it8
19i»9
1956 -July
August....
September
October...
November..
December .
1957-January , .
39,108,386
66,288,69a U/
-3,566 5/ 75,112,61.9
3,571,keo
5,801,937
6,715,173
3,571.1.80
5,801,937
6,715,173
3,33U,lilli
3,33'',l'l''
5,li92,0l6
5,1.61. ,679
5,''92,0l6
".,881,1.37
U,88l,U37
5,1'61.,679
Individual Income tax and employnent taxes
Corporation
iDcooe and
profits
taxes
9,676 ,U59
10,17l.,U10
11,553,669
10,85k ,351
Ik ,387,569
21,k66,910
21,59k ,515
21,5k6,322
l8,26k,720
21,298,522
836,891
351,56k
1,708,521
k51,3k3
379,539
1,825,051
k60,606
21,367,662
23,379,123
20,527,935
19,797,883
26 ,62k, 788
33,738,370
37,25k ,619
37,921,31k
37,869,770
k2, 633
,1.26
Individual
Incooe tax
not withheld 2/
Individual
Income tax
withheld 1/
Old-age
Insurance
taxes i/
9,501,015
9,k6k,80k
7,996,320
7,26U,332
9,907,539
ll,3k5,060
U,k03,9l.2
10,736,578
10,396,k80
11,321,966
9,ek2,2a2
11,533,577
10,055,502
9,888,976
13,089,770
17,929,0k7
21,132,275
22,077,113
21,253,625 k/
2k, 015,676
l,k58,93k
1,612,721
1,687,151
1,873 ,k01
2,8lO,7k9
k56,775
137,2k9
1,752,026
2k5,56k
102,721
323,82k
1,76k ,231
k, 1.20, 585
k, 137,860
1,733,681
k, 098 ,085
2,7k5,37k
3,kk2,506
Railroad
retirement
1,282,360
2,331,759
l,k62,56l
3,920,193
2,366,271
1,190,108
2,190,990
185,876
208,508
226,228
223,135
236,952
379,555
560, U3
562,73k
5k8,03e
579,778
3,58k,a25
620,622
3,816,252
628,969
k, 218, 520
605,221
k/
600,106
5,339,573
63k, 323
6,336,805
k, 201, 190
Uiea^loymsnt
Insurance
'±1
259,616
273,182
283,882
279,986
32k ,656
23,376
8l,kOk
53.k53
i.,719
2k ,959
7k, 306
5k,580
598
865
699
k0,2k2
7k2
621
21,165
Exciae taxes
Fiscal year
or month
19k7
19k8
19k9
1950
1951
Capital
stock
tax 6/
Estate and
girt taxes
1,597
1,723
779,291
899,3k5
796,538
706,227
729,730
833, lk7
891,28k
935,122
936,267
1,171,237
6,138
266
1952
1953
195k
1955
1956
119, lk8
September
October,,
68,75k
December
1957-Ja3uary..
Alcohol
Tobacco
Documents,
etc. 1/
excise
1956 -July
August...
Noveatber
Other exolBe
Total
1U,693
113,185
85,157
79,k79
120,236
7,2^,376
7,k09,9kl
7,578,8k6
7,598,k05
8,703,599
2,k7k,762
2,255,327
2,210,607
2,219,202
2,5k6,808
1,237,768
1,300,280
1,321,875
3,570,8k6
1,380,396
k,0k6,36k
k,050,738
k,776,395
2,5k9,120
2,780,925
2,797,718
2,7k2,8ko
2,920,57k
1,565,162
1,65k ,9U
1,580,512
1,571,213
1,613 ,k97
.,856,876
5,510,280
5,153,992
k,78l,8U3
5,501,333
826,983
910, Ike
a35,5kO
801.
255,015
353,887
32k,778
233, 0k8
186,01k
127,287
156,675
127,807
155,136
lk2,20k
106,22k
90,k67
1,108,760
158,277
131,016
1,153,828
lk7,379
87,152
8,971,158
9,9k6,u6
9,532,222
9,210,582 k/
10,00k, 195
,905
1,032,752
935,899
81k, 706
855,662
2kl.,857
Source: Internal Revenue Serrtc© reporta for detail of coUectlona by type
of tax; cLallj Treaeur7 statement for budget receipts frcm Internal
rerenue througb the fiscal year 1952, and the monthly etatement of recelpte and eipendlturoB of the Goreranent for receipts thereafter (for
explanation of reporting bases In these publications, see page II).
Certain detail by type of tax Is available only fron returns filed with
the Internal Berenue Service. The figures ahoun Include collections for
credit to special accounts for certain Island posseaalons, as reported
by the Internal Bevenue Service. Beginning vlth the fiscal year 1955,
they Include the amoizits of tax collected In Puerto Rico i^>on articles
of sierchandlBe of Puerto Rican manufacture ccmlt^ Into the United
States. Figures for I95U hare been revised to the same basis. Figures
for previous years inclxale only amounts collected at ports of entry
into the tinted States
1/ Differences between the amomts of Internal revenue reported by the
Internal Revenue Service as collections for given periods and the amomte
reported In Treaaury statements as budget receipts for the same periods
arose because of differea;es in the time when payments were Included in
the respective reports. Tax payments are Included In budget receipts
*rtien they are reported as credits to the account of the Treasurer of the
Ohlted States. Prior to July 1951*, they were Included In Internal Revenue
Service collection reports after the returns to irtiich they applied had been
received in Internal revenue offices. Itoder procedure begun in I950 with
withheld incone tax and old-age insurance taxes and later extended to
railroad retireoaent taxes and many excises, these taxes are paid currently
into Treaaiay depositarlee and the depositary receipts, as evidence of
euch payments, are attached to quarterly returns to the Internal Revenue
Service. ^Jhder this procedure, the payments are incluied in budget
1,328,1.6k
150,989
79.978
79,k66
72,828
8k,6k8
93,107
8k, 995
90,319
90,000
112, Ok9
llk,927
3, 85k, 33k
Manufacturers *
and retailers' X/
1,939,1*86
2,U9,157
2,220,7**^
2,2U5,l82
2,81*0,690
2,8SU,U09
3,356,797
3,127,1*65
Miscellaneous 2/
1,551,381
1,655,711
1,752,792
1,720,908
1,8U2,598
1,9'*7,»*72
2,06l,l6U
1,936,527
3,177,160
1,1*92,633
.777,909
1,608,497
3
2k,090
890,370
1*1*3
28,888
986,177
1*17,158
,0b3
}
receipts in the month in which the depositary receipts are Issued to
the taxpayers. Revised accounting procedures effective July 1, I95I*,
extended the same practice to Internal Revenue Service collection
reports,
gy Monthly figures Include old-age insurance tax on self -employment
income, which is levied and collected as part of the Individual
income tax beginning with the taxable year 1951* Fiscal year
figures exclude this tax, on the basis of estimates beginning 1952
(see footnote 3), and It is included toider "Old-age insurance
taxes."
Withheld
income tax and old-age insurance taxes on employers and emX^
ployees are paid into the Treasury in ccmbined amounts beginning
January 1951. In Internal Revenue Service roiwrte, current collections have not been separated as to t^pe of tax but the breaJolown
shown for fiscal years beginning I95I le based on estimates made in
accordance with provisions of Sec. IO9 (a)(2) of the Social Security
Act Amendments of 1950, for transfer of tax receipts to the Federal
Old -Age and Survivors Inaiirance Trust Fund.
U/ Beginning with the fiscal year 1955, collections shown Include undistributed depositary receipts and unapplied collections.
For excise taxes these receipts are included in the total only.
Total collections include "Taxes not otherwise classified," which
were Included with miscellaneous excise taxes prior to the August
(See Table 2).
1956 issue of the Bulletin.
Budget receipts have been reduced by this amount representing withheld Inccme taxes transferred to the Government of Guam.
6/ Repealed for years eoilng after June 30, 19l»5. Beginning 1951, Included under "Miscellaneous excise taxes."
1/ Detail is reported by quarters beginning with the fiscal year 1956.
^
April 1957
^3
.INTERNAL REVENUE COLLECTIONS.
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
1942
'44
* Beginning milh the fiscal year 1955. includes undistributed depository receipts and unclassified advance payments. The whole
amount of such receipts for excise taxes Is included under "Other excise taxes"
O(ljc0 of tha Sacrelory of the Treosury
46
Treasury Bulletin
.INTERNAL REVENUE COLLECTIONS.
Table 2.- Detail of Collections by Type of Tax
(in thousajsdje of dollars)
Type of t«i
April 1957
'^7
.MOBETAEY STATISTICS.
Table 1.- Money In Circulation
(iQ millions of dollars except as noted)
Paper money
Old of fiscal
year or month
Total
money In
circulation 1/
Total
paper
money
Gold
certificates
2/
SllTer
certificates
Treasury
notes of
1890
2/
Federal
Beserve
Bank
Onlted
States
noteB
Federal
Reeerre
notes
2,061
2,177
2,092
2,088
2,122
319
321
318
318
318
23,209
22,760
271*
23,1*56
21*3
24,605
25,609
221
200
2,135
2,170
2,1U8
320
319
318
25,385
25,618
26,055
180
163
no tee
y
NetlcsuQ.
bank
notes
it/
191*9
27>93
26,031*
1*3
1950
1951
1952
1953
27,156
27,809
29,026
30,125
25,661
26,231
1*1
igsk
1955
1956
29,922
30,229
30,715
28,127
28,372
28,767
1955-December.
31,158
29,231
31*
2,155
311*
26,506
155
66
1956 -July
August.
September
30,6ol<
28,61.7
2,111*
2,116
2,130
25,975
26,119
26,107
61.
28,790
28,791
313
313
313
11*5
30,757
30,768
33
33
33
lUU
6U
11*3
61.
30,639
28,8UI.
29,li08
33
33
33
2,130
2,152
2,173
315
317
316
26,159
26,701
27,038
11*2
lUO
63
63
63
33
2,033
2,039
304
309
26,051
26,001
138
137
63
62
.
October.
Hovember
December
1957 -January..
February.
End of fiscal
year or month
27,31*8
28,359
31,ll2ll
29,763
31,790
30,6lU
30,575
28,623
28.582
Total
coin
39
38
37
35
3"*
33
33
Standard
silver
dollars
Subsidiary
silver
Minor
coin
309
93
86
81
77
73
70
67
6U
11*7
11*1
Money in
circulation
per capita
(In dollars)
191*9
1,^5?
161.
9W
1950
1951
1952
1953
1,1*96
170
180
191
202
965
1,020
1,093
1,150
1951*
1,795
1,858
1,165
1,202
1,259
1*19
iei>.2U
1*33
1,91*8
212
223
237
182.91
182.73
1955-December,.
1,927
231
1,21.6
Itlt9
186.81.
1956 -July
August.. .
September
1,957
1,967
1,977
239
1*56
21*1
1,262
1,267
21«
1,271*
1.61
181.78
182.38
182.15
1,995
2,016
2,027
2l.J>
U61.
21*7
1,288
1,303
1,309
1,990
1,993
21*7
2I.7
1,277
1,279
1,578
1.678
1,766
1955
1956
October. .
November .
December.
1957 -January...
February ,
21*5
Source:
Circulation Statement of United States Money.
1/ Excludes money held by the Treasury, money held by or for the account
of the Federal Reserve Banks and agents, and coin estimated to be
held outBlde the continental limits of the United States. Includes
paper currency held outside the continental limits of the United
States.
355
361
378
393
I8I..33
1*13
188.72
1.58
^
179.03
180.17
18I1.9O
182.29
1.68
185.1.8
1*71
187.38
1.66
180. 03r
1.66
179.56
2/ Gold certificates were withdrawn from clrculatiao in 1933
3/ Treasury notes of 1890 in circulation are being canceled and retired
1*/
i/
upon receipt by the Treasury.
Federal Reserve Bank notea and national bank notes are covered by
deposita of lawful money and are In proceea of retirement.
Based on latest poptilatlon estimates by the Bureau of the Census.
Revised.
ks
Treasury Bulletin
.MOICETAEY STATISTICS.
Table 2.- Monetary Stocks of Gold and Silver
(Dollar aooisita In millions]
Sold
lad of fiscal
year or month
($35 per
fine ounce)
SilTer
($1.29+ per
fine oimce)
Batlo of allTer
to golA and
silver In
BODetary stocks
(In percent)
191*9
24,1166.3
211,230.7
3,618.3
3,671.5
3,718.5
3,768.5
13.9
22,1*62.8
3,8ll*.3
11*.
3,863.1
1955
1956
21,927.0
21,677.6
21,799.1
3, 991*.
15.0
15.3
15.5
1955 -December..
21,690.1*
3,930.1
15.3
1956 -July
August..,.
Septeaber.
21,829.6
21,857.8
1*,009.6
1*,023.6
21,881. .3
'*,036.1*
15.5
15.5
15.6
October...
Rorenber..
December..
21,909.6
21,910.2
U, 01*9.0
21,91*9.5
U,061..1
1957-J»nuar7...
February..
22,251.5
22,303.8
ll,08l.2
1950
1951
1952
1953
21,755.9
23,3^.5
1951>
Source: Circulation Statement of Oilted States Money.
sllTer BODetary stock see Table k.
Table 3.-
3,922.1*
•,056.1
li,07'».9
12.9
13.2
11*.
15.6
15.6
15.6
15.5
15.5
For detail of
Gold Assets and Liabilities of the Treasury
(In millions of dollars)
aid of calendar year or month
191*9
Gold assets
21*,1*27.1
1950
1951
1952
1953
22,706.1
22,695.5
23,187.1
22,029.5
195k
1955
1956
21,712.5
21,690.11
21,91*9.5
1956^uly
August....
September.
October...
21,829.6
21,857.8
21,88li.3
Liabilities:
Oold certificates,
etc. 1/
Balance of gold In
Treasurer's account
23,373.9
21,653.5
21,662.5
22,178.8
1,053.2
1,052.6
1,032.9
1,008.2
21,51*5.7
W3.7
21,223.5
21,199.1
I189.O
1*91.2
1*91.2
21,1*58.3
21,31*0.6
21,368.2
21,386.2
1*88.9
1*89.6
1*98.2
Iforembsr.
21,909.6
21,910.2
21,U12.3
21,Ul6.5
Deceobsr..
21,91*9.5
21,1*58.3
1*97.3
1*93.8
1*91.2
1957-J»nu«ry...
February..
22,251.5
22,303.8
21,750.5
21,815.1
501.1
U88.6
Source: Circulation Statement of Oilted States Money.
1/ Ccaprlses (1) gold csrtlflcates held by the public and In Federal Beserre
Banks; (2) gold certificate credits In (a) the gold certificate fund -
Board of Goreroors, Fsderal Beserre System, snd (b) the redemption
find - Federal Beserre notes; and (3) ressrrs of $156.0 mllllaa
sgalnst Tblted States notes and Treasury notes of 1890.
April
mr
1^9
.MOKETARY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(in mllllGos of doUara)
Silver held In Treasury
aid of calendar
year or month
Securmg Bllver certlfloatea i/
Silver
tulllon 2/
Silver outside
Treasury
In Treasurer* B aocotmt
Silver
dollars
Subsidiary
coin 3/
321.9
312.8
301.0
289.3
278.3
U.li
3.6
1.7
3.9
6.3
ItS.O
2,206.9
267.6
253.5
236.3
1956 -July
Augnat....
Saptamber.
2,203.5
2, 206. It
2,207.9
2lt5.1
2lll.k
2I1O.6
6.5
5.8
5.3
•17.3
October...
Horeaber.,
Daoeaber..
2,206.9
2,208.9
2,208.9
238.9
236.0
236.3
3.lt
1997~J*Duar7...
Jebruary..
2,209.1
2,209.1
2311.7
19''9
2,003.2
1950
1951
1952
2,01(0.7
2,073.5
2,109.7
1953
2,11*0.8
igsu
1955
1956
2,171.1
2, I9k.lt
235.1
Bullion for
recolnage k/
Bullion
at cost
9ll.l1
2/
Silver
dollars i/
Subsidiary
coin i/
Total
silver
at $1.29+
per fine
ounce
171.0
179.8
191.3
202.5
213.2
982.2
1,022.2
1,083.1
1,158.1
1,213.1
223.1
1,2112.7
235.11
25e.2
1,283.2
1,338.2
51.5
56.2
2113.5
2lt7.2
2lt8.0
1,312.6
1,316.9
1.319.9
lt,009.6
li,023.6
2*9.7
250.5
252.2
1,326.9
1,332.7
1,338.2
l*,0l*9.0
3.0
2.3
59.8
61.0
62.9
lt,056.1
lt,06U.l
7.0
9.7
66.0
66.9
253.5
253.8
1,338.8
11,071* .9
l,3ltl.0
It
95.1 2/
62.0 2/
1*5.3
30.7
15.7
2.3
.3
.1
Source :
It/
X/
Z/
i/
*
Clrculatlco Stataasnt of Oilted States Mcnay; Office of the
Treasurer of the tkilted States.
Talued at $1.29-* Per fine omoe.
Includes silver held by certain agencies of the redsral aorenasnt.
Valued at $1.38^ per fine ouice.
11.0
17.6
62.9
3, 61*3.1
3,697.1
3,71*1.3
3,79l*.l
3,837.0
3,866.6
3,930.1
lt,061*.l
I*
,036.1*
,081.2
Talued at $1.3&* per fine ounoe or at $1.29+ per flM omce according to utaether the bullion is held for reooinsge of subsidiary
ailvsr coins or fcr recoinage of staMard silver dollars.
Less than $50,000.
Tn
50
.MONETARY STATISTICS.
Table 5.- Seigniorage on Silver
(ChnulatlTe fron January 1, 1935
-
In milllona of dollars)
Soxa^ee of seigniorage on silver bullion revalued )J
Had of calendar
year or month
1935
1936
1937
1938
1939
Seigniorage
on colna
(sllTer and
minor)
18.5
Misc. silver
(incl. silver
bullion held
June lU, 193 It)
Newly mined
silver (Proc.
Dec. 21, 1933)
Newly mined
silver (Acts
July 6, 1939,
and
July 31, W"!*)
63.7
69.5
91.7
1*8.7
1*8.7
1*8.7
1*8.7
1*8.7
16.8
36.0
58.0
87.3
1..2
191*0
igiti
122.2
182.1
1*8.7
1*8.7
19'tS
21*5.7
1*8.7
Wiis
igWt
299.6
362.3
1*8.7
1*8.7
87.6
87.6
87.6
87.6
87.6
1*29.5
1*91.9
1*8.7
1*8.7
191*9
520.5
559.2
578.7
1950
1951
1958
1953
596.6
1*8.7
61*2.3
691* .2
71*2.2
1.8.7
1*8.7
1.6.1
m^
191*6
191*7
191*8
1951*
792.9
807.0
839.6
1955
1956
19 56 -January...
1*8.7
1.8.7
1*8.7
1*8.7
1*8.7
1*8.7
1.8.7
February.
March
808.2
S09.8
812.1
April
May
Jime
815.7
818.8
819.7
1.8.7
July
August ....
September.
821.5
asu.i
826.2
830.6
835-9
839.6
1.8.7
October. .
November
December
.
.
1957-January .
.
81*2.3
1.8.7
1.8.7
1.8.7
1.8.7
1.8.7
1.8.7
1.8.7
U8.7
U8.7
1.8.7
1.8.7
Silver Purchaee Act
of June 19,
193't
Nationalized
silver
(Proc. of
Aug. 9, 193'>)
Total
seigniorage
on silver
revalued
226.2
302.7
366.7
3l*.5
1*57.7
31*.
530.7
31..
25.7
562.7
31..7
759.1.
U8.3
63.6
65.3
580.1.
31*.
581..
31*.
58I..3
31*.
65.1.
581..
3l*.7
799.7
818.9
820.6
820.7
65.5
66.5
701.6
832.1
832.1
832.2
833.6
3l*.7
150.8
155.2
833.7
833.7
833.7
833.7
833.7
833.7
833.7
87.6
87.6
87.6
151.0
151.5
152.1
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
71..
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
Source: Bureau of Accounts.
1/ These Items represent the difference between the cost value and the
mcsietai7 value of silver bulllOD. revalued and held to secure silver
certificates.
Potential
seigniorage on
silver bullion
at cost in
Treasurer's
account 2/
326.2
271* .9
31*.
1*22.1
397.5
31*.
508.1
616.0
705.6
758.8
950.6
51*1.6
1,055.8
1,089.0
1,01*8.2
967.3
717.3
938.1
1,069.6
1,077.6
1,087.8
1,098.1
333.2
161.2
31*.
1,109.3
3l*.7
3l*.7
3I..7
1,U9.2
111.7
81.9
57.2
31..
l.lW.U
3I..7
3l*.7
1,155.1.
11*.
1,159.8
50.0
833.7
833.7
833.7
3lt.7
1,155.6
1,156.1
1,156.7
17.1
16.9
152.2
152.6
153.2
833.7
833.7
833.7
3'..7
3'..7
1,156.8
1,157.2
1,157.8
17.5
22.9
31.1
153.6
31*.
155.2
155.2
155.2
833.7
833.7
833.7
31..
31..
31..7
1,158.1
1,159.0
1,159.5
1,159.8
1,159.8
1,159.8
37.0
39.9
.9
833.7
833.7
833.7
833.7
3l*.7
1,159.8
71..
8I..6
93.5
101..
llU.6
125.1*
13lt.7
11*3.8
151. .5
151*
155.3
2/
3'*.7
31*.
31..
31*.
31*.
31*.
3"..
31*.
31..
1,130.0
1,139.3
11*6.3
129.9
127.2
31*
.9
6.6
11..
U1..U
1.7.7
1*8.9
50.0
53.1
The figures In this colunn are not ctmulatlve; as the amount of
bullloD held changee, the potential seigniorage thereon changes.
{piil
1957
51
.CAPITAI, MOVEMENTS.
Data relating to capital movements between the
pages
United States and foreign countries have been collected
since 1535, pursuant to Executive Order 6560 of January 15,
igjM-,
Executive Order IOO33 of February
Treasury regulations promulgated thereunder.
S,
As a result of changes in presentation
'*5-'+7.
Introduced In that Issue, not all breakdowns previously
published will be exactly comparable to those now presented.
and
ijlt-g,
The first three sections which follow are published
Information
They provide summaries, by periods and by
covering the principal types of data and the principal
countries Is reported monthly, and Is published regularly
monthly.
Supplementary Information Is
In the "Treasury Bulletin."
published at less frequent Intervals. Reports by banks,
bankers, securities brokers and dealers, and Industrial
and claims on foreigners and transactions In long-term
securities by foreigners, and present detailed breakdowns
of the latest available preliminary data.
countries, of data on short-terra banking liabilities to
and commercial concerns In the United States are made
ISS**.
Section IV provides supplementary data In five tables
which appear at less frequent Intervals. Table 1, short-
data reported by banks In the Territories and possessions
term foreign liabilities and claims reported by non-
Initially to the Federal Reserve Banks, which forward
consolidated figures to the Treasury.
Beginning April
flnanclal concerns,
of the United States are Included In the published data.
Is published quarterly In the January,
April, July, and October Issues of the Bulletin.
The term "foreigner" as used In these reports covers
2,
long-term foreign liabilities and claims reported by
all Institutions and Individuals domiciled outside the
United States and Its Territories and possessions, the
official Institutions of foreign countries, wherever
banks and bankers, and Table
such Institutions may be located, and International
September, and December Issues.
organizations.
Table
3.
estimated gold reserves
and dollar holdings of foreign countries and International
Institutions, are published quarterly In the March, June,
Table
U,
foreign credit
"Short-term" refers to original maturities
and debit balances in brokerage accounts, appears semi-
and "long-term" refers to all other
annually in the March and September Issues. Table 5,
short-term liabilities to foreigners In countries and
areas not regularly reported separately by banking In-
of one year or less,
maturities.
A detailed discussion of the reporting
coverage, statistical presentation, and definitions
appeared In the June
V)'j)^
Issue of the "Treasury Bulletin,"
Section
I
-
stitutions,
Is
presented annually in the April issue.
Summary by PerlodB
Table 1.- Net Capital Movement between the United States and Foreign Countries
{In nllllonG of dollare; negative figures Indicate a net outflow of capital from the liiited States)
Analysis of net capital movement
Calendar year
or month
Net
capital
movement
Chajigee in llabilitiea to foreigners
Short-term
52
Treasury Bulletin
.CAPITAL MOVEMENTS.
Section I - Summary by Periods
Table 2.- Short-Term Banking Liabilities to and Claims on Foreigners
(Position at end of period In oillllonfl of dollars)
aort-toim llabllltlea to foreigners
Did of calendar
Pa;al)le In dollars
;
or month
Other
foreign
Foreign
official
191^
19^3
19'*'t
1947
19^8
1949
1950
1951
7,116,
7,718,
7,618,
»
1956 -July
August....
September.
,
61.4
43.7
43.2
5,399.8
1,584.9
1,629.4
1,769.9
1,881.1
1,452.1
5,325.7
5,159.7 1/
5,250.9
2,015.6
1,998.0
2,005.5
9,126.7
5,195.7
5,399.8
5,Wtl.6
2,972.7
9,302.
1,832.1
2,836.3
2,908.1
3,620.3
3,5^7.6
2,9117.0
3,001.0
3,451.7
4,01*1.2
10, 5116.
U, 6511 .2
l.,2li5.6
11,61.8.
5,666.9
12,322.
13,605.
lit, 932.
6,7711.0
U,308.U
4,335.4
l'',835.
7,^119.1
,992.
7,783.2
7,930.7
Ill
15,139.
1957-January p.,
lt,T27.5
6,956.3
8,031.9
15,237.
October ...
NoTember p.
DeC9Bber p<
^
lt,179.3
3,01t3.9
8,6411.
1955
1956 p
49.7
70.4
51.0
44.9
72.2
2,036.7
2,239.9
2,678.2
2,922.0
5,596,
6,883,
WSi
473.7
2,262.0
1,864.3
1,657.8
1,527.8
1,641.1
1,9'»7.1
3,320.3
3,335.2
6,1*80,
1952
1953
246.7
257.9
329.7
392.8
2, 2ltlt.lt
5,37"*.
19't^
15,10li.
7,9't5.5
7,81i9.2
lit, 932.
8,031.9
15,01U.
7,72'>.3
;
Total
13.9
17.9
21.6
25.5
40.6
1»,205
1946
International
Payable In
foreign
currencies
Short-term clalaa co forelgnere
Payable In dollars
Payable In
foreign
Loans to
Other
currencies
foreign banks
708.3
72.0
86.4
105.4
100.3
319.6
143.7
137.2
169.7
245.0
290.5
30.9
34.4
54.6
47.5
98.1
948.9
1,018.7
827.9
898.0
968.4
292.9
361.2
222.7
151.1
177.2
490.6
557.1
494.3
506.3
699.4
165.4
100.4
110.8
240.6
91.8
1,048.7
904.5
1,386.5
1,548.5
1,943.9
122.9
156.5
206.5
328.1
404.5
847.5
646.5
969.0
1,056.5
1,364.7
2U.0
51.8
50.5
1,626.6
1,698.2
1,729.4
331.4
327.9
334.0
1,152.9
1,179.3
1,196.9
144.2
191.0
198.6
2,015.4
2,008.0
1,452.1
51.5
51.4
48.8
1,824.6
1,806.5
1,943.9
332.0
349.1
404.5
1,265.1
1,291.5
1,364.7
227.5
166.0
174.7
1,804.3
44.8
2,046.4
456.0
1,402.9
187.4
Tor the first tlaa certain accounts preTlously classified as "Other
foreign" are Included In "Foreign official."
40.3
48.8
45.4
78.4
101.6
163.9
174.7
ft^llainary.
Table 3.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In mllllonfi of dollars; negative figures Indicate a net outflow of capital from the ail ted States)
Corporate end other
U. S. GoTermuent bonds
Calendar year
or month
and notes 1/
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956 p
1956 -July
August....
September.
October ...
NoTenber p
December p,
1957 "January p.
XJ
g/
3/
Total
Stocks
purchaaes
Sales
1935-41
1942
Bo^s 2/
396.83/
164.2
241.3
513.6
377.7
492.4 1/
138.5
170.6
268.2
393.4
Bet
purchasea
Het
purchaaes
-95.7 1/
25.7
70.7
245.3
-15.7
2/
2/
Total
sales
Het
purchases
Net purchases of
dcnestlc
eecurltles
626.7
430.2 i/
96.4
151.6
136.9
260.2
841.6 3/
75.5
194.6
171.4
357.7
-411.4 3/
20.9
-43.0
-34.6
-97.4
9,322.1
260.6
392.9
650.4
637.9
8,695.3
214.0
365.2
439.7
751.0
27.8
210.7
-113.1
367.6
226.1
369.7
354.1
666.9
432.1
376.7
514.1
375.3
664.0
-64.5
-150.6
-144.3
-21.2
2.9
782.1
570.9
652.2
784.1
2,011.1
1,116.3
659.9
844.4
708.9
1,066.6
-334.2
-89.1
-192.2
75.2
944.4
650.2
589.1
1,115.1
1,561.2
1,619 .2r
P9.8
619.5
649.2
533.9
980.2
1,433.7
1,363 .2r
120.3
1.0
55.2
135.0
127.5
256. Or
1,533.3
1,384.0
1,447.9
2,205.7
3,227.0
2,790.7r
2,117.6
1,069.0
1,459.4
2,056.4
2,541.8
2.633.3r
-584.3
314.9
-11.5
149.3
685.2
141.2
140.5
112.4
114.1
131.2
78.5
27.1
437.3
168.7
108.
64.4
9.3
33.9
501.7
247.2
152.1
86.9
46.6
414.5
344.8
282.4
430.0
1,236.4
684.2
283.3
330.3
333.6
294.3
-269.7
61.5
-47.9
96.4
942.1
107.7
108.3
673.6
533.7
646.0
800.9
1,341.1
864.4
1,356.6
231.4
728.0
792.7
812.1
l,Ol6.3r
-683.0
302.3
-82.0
8.2
529.0
-134 .Or
120.0
200.1
212.8
269.7
324.7
287. It
141.6
188.5
197.4
283.6
296.0
251.6
-21.6
11.7
15.3
323.8
87.0
20.6
297.7
14.0
11.6
26.1
73.0
9.0
36.6
19.7
19.0
25.5
23.5
16.0
U.2
37.2
17.6
67.3
39.4
19.6
-45.2
-e6.2
17.1
21.2
21.9
21.5
19.7
18.7
-4.4
1.5
3.2
125.9
122.1
122.6
U9.5
13.2
86.8
39.0
2.6
33.8
180.2
165.4
157.8
126.0
206.5
146.9
54.2
-41.1
10.9
46.7
27.0
21.7
25.9
17.0
8.9
136.7
89.4
47.3
2U.3
133.4
77.9
22.1
H
2/
Through 1949, liKludee tranaactlooa In corporate bonds.
Throi^ 1949, Included with transactions in U. S. Gorement bonds
and notes.
January 4, 1940, throt^ December 31, 1941; the breakdown between
-.r
6.1
28.7
35. 3r
-3.9
1.0
stocks and bonds is not sTailabls for earlier years.
Preliminary.
Berlsed.
157. 3r
78.4
43.9
April 1957
53
.CAPITAL MOVEMENTS.
Section I - Sumnary by Periods
Table 4.- Purchases and Sales of Lang-Tern Foreign Securities by Foreigners
(IB Bllllans of dollars; negatlre figures Indicate a net outflow of capital froB the Obltsd States)
Forslgn bonds
Calendar year
or ncntli
Sales
ForelgD stocks
et
puTobase
1935-Jtl
19fe
,
V)'^l
n.a.
n.a.
«6.l»
n.a.
n.a.
372.2
225.3
3IB.I
3't7.3
755.9
658.7
211.6
321.2
589.2
291.4
311.5
710.2
265.5
24.5
-79.8
9.8
-121.0
65.2
57.1
81.7
88.8
173.8
801.0
677.4
621.5
841.3
509.4
990.9 r
-300.6
-182.1
-79.0
-48.8
183.9
-388.9 r
272.3
293.9
310.1
393.3
663.6
743.0 r
75.9
19"*
19't5
191*6
19>*1
19I48
,
19't9
1950
1951
1952
,
500.it
,
1953
195I'
1955
1956 P
1956 -July
August. •••,
Septeaber.,
'•95.3
5'»2.5
792.'»
693.3
602.0 r
490.4
63''.
n.a.
n.a.
74.2
89.0
-29.2
Het
pupdlase
Fnrohasee
n.a.
n.a.
23.3
26.6
37.3
19.8
22.1
54.3
65.6
4a .6
96.7
70.8
198.2
3't8.7
329.6
303.4
644.9
877.9
858.8:
n.a,
n.a,
3,5
4,5
-17,5
-.4
14,6
-15.0
IB.O
-24.4
Total
Total
purollases
sales
let purchases
of foreign
securities
4,008.2
220.5
469,6
340.9
355.4
821,2
715.9
293.3
410.1
763.0
3,152.6
227.9
391.9
247.4
402.1
556 1
676.8
388.2
382.3
908.4
77.7
93.5
-46,6
265,1
39.0
-94.8
27,8
-145,4
-76.4
-35.8
6.8
-251.6
.ei4.3
-115.8 r
772.7
789.1
852.7
1,185.8
1.356.9
1.345.0 r
1,007.0
924.9
1,486,1
1.387.3
1,849.7 r
<1.0
123.5
95.6
80.7
226.4
1*7.9
95.7
-ioe,9
-52.3
-15.0
1,1'*9.7
-377.0
-817.9
-72.2
-300.4
-30.4
-504.7 r
k7.6
30.8
31.8
129 .k
60.4
42.0
-61.8
-89.6
-10.2
64.8
48.9
October ...I
Horeaber p,
December p.
173.8
146.3
88.8
85.1
27.5
-44.7
-60.4
51.6
37.1
45.0
".6.7
••.9
2"».7
38.2
37.5
-1.1
7.k
225.5
81.2
69.6
193.0
127.0
122.6
32.*
-45.8
-52.9
195T->Januar7 p..
ltO.6
U7.9
-77.3
53.6
53.0
.7
9"».3
170.9
-76.6
n.a.
P
Hot arallable.
Preliminary.
BsTlsed.
W.l
97.0
87.5
53.7
.82.6
Ji.8
5^
ipril
1957
55
.CAPITAL MOVaJEHTS,
Section II - Summary by Countries
Table 2.- Short-Term Banking Claims on Foreigners
(Position Bt end of period In nlllloas of doll«n)
Cotmtry
56
Treasury Bulletin
.CAPITAL M0VQffi3«TS.
Section II - Summary by Countries
Table 3.- Net Transactions In Long-Term Domestic Securities by Foreigners
(In thousands of dollars: neAatlve figures indicate net sales by farei^nars or a net outflow of capital frca the Ublted States]
Calendar year
1956
Country
1952
195*
1953
1955
1956 P
-2,903
13,311
-28
-98
1,923
768
25,355
118
-1,196
August
September
NoTember p
Decenber p
Europe:
Austria
Belgium
CzechosloTakia.
Denmark
Finland
France
Germany, Federal Bepublic of
Greece
Italy
Netherlands
Norway
Poland .
Portugal.
Bumanla.
Spain....
.
. .
.
55
1.8
2li8
3,11.5
3,152
3,060
508
3,067
11
-8
56
-139
6
-15
-59
2
-5
-27
-33
120,6^5
2,520
2,756
761
1,1.32
1,531
-3
597
29
-1.93
1,856
299
266
-21.9
-359
91.1
162
-5,152
-9,91.1.
5,679
2,232
1,01.2
101.
1,9
169
20
269
-162
57
-3
-22
-29
1,800
963
393
1,582
5,'»60
-lil,668
16,992
183
-11.8
-1,685
8,761
6,596
-18
21
-101
.616
8u
-511.
-6,891.
1.22
,339
17,695
-U2,3l.6r
76
-71U
-532
31I6
1,1.61.
1.7,580
37,977
1.70
U,6U5
-98
39
2,261
6
1,603
II.
-2
-7
133
621
580
-361
663
1,001
-368
166
-U7
lU
-136
1.6
15k
551
U90
-21,9''3
19
1
-i8l
-21,319
-31.
Ul
631
-9
-89
2
I191
-925
800
570
50,729
-521
57,086
-^5
-8
71,258
-287
-1,001.
Il.7,lt87
233,935r
61.1
53
6,131
21,116
23,1.83
-1,701.
18,239
3U6
-7
3
-1.6
13
10
1.5
69,766
96,025
7,630
u,i.a2
10,259
11,332
-39,709
-ll.,l.75
-181.
-186
-1
-1,798
-lU
-1,373
77
1,563
m,ii67
62,323
138,928
191,6''7
-120,617
1,268
358
281
hl2
1,138
119
638
1,115
-1,519
63
70,l>31
-3
Total Europe .
1.
2,331.
U,869
2
It
Sweden
Switzerland,
Turkey
U.S.S.F
mited Elngdon.
l.,060
1,813
-581
u
5,978
-89
.
.
Yugoslavia
Other Europe
Ii31
-188
73,1.02
1,1.16
5,371.
10,3l.0r
3U8
-679
-908
-20
612
329,117
l6l,067r
21,900
1*2,813
1.5,871.
-38,U22
2,786
-187,195
26U,825
122,50Tr
-17,518
-8,11.1
-1,01.5
-9,530
-3,1.72
-938
202
1.92
168
19
1,832
83
1,129
108
579
1,979
930
108
1,110
3,782
2,260
1,1.60
1,691.
135
56
-8E
-I.7U
,255
265
-1,267
62U
53,677
120
Latin America:
Argentina.
BoliTia...
BraiU
Chile
Colombia .
Cuba
Dominican Republic
Guatemala
Mexico
Netherlands W. Indies &
Surinam
Panama, Bepublic of.
Peru
El Salvador
Uruguay
-636
170
U09
1.13
3,066
87
281
-21.
-21.
16
-235
303
lOk
63
-50
896
270
29
356
232
1,631
27
107
875
-11
-57
311.
1,1.13
131.
9,087
778
383
79l»
-59
-53
-3
-lUl
-29
53
-110
1,252
1,51.0
1,533
611
1,067
277
-129
693
iSo
15
2,592
19,385
-1,029
-1,170
-886
2,128
.,723
-209
38
11
331
1136
873
-3,137
1,190
3,903
1.61.
357
-6,532
96
65
-2,1»SI»
66l<
13,339
3,016
-1,789
1,238
-U9
801.
670
21
-1.0
2,680
6,1.03
-157
198
-57
3,l'50
3,72l.r
-281
2U
-39
-626
31
1,096
1,921.
1.50
3,61.9
669
3,769
-61.5
-163
983
271.
901
1,380
8,025
7,1.1.5
-261.
1,056
Ul.
295
-U8
1.32
638
5,61-3
7,11.6
6,291
7,617
6
81.
Venezuela
Other Latin America.
1,59''
1,W.3
1,687
3,01.1
Total Latin America,
li,686
2U,859
113,179
76,166
-153
853
-kOt
688
153
-1.20
-1.38
-1,'.32
5,393
5,52U
lUl
J. 01.
9U5
5,300
789
1.9
18
-21
J.W.
-10
-1.9
-7U6
15,11.0
lit, 777
12
-57
-1.1
20
-91.
-550
1,063
-785
1,751
117
706
1,096
2l>
8
15
33,859r
-12
1.5
2
Aflla:
China Mainland,
Formosa
Bong Eong
India
Indonesia
Iran
Israel
Japan
Korea, Bepublic of.
Fbillpplnes
1/
-179
-1,079
151.
Thailand
Other Asia
-180
877
-lUl
251.
758
-9,535
70
Australia
Belgian Congo
Egypt
Union of South Africa.
All other
-359
2
J.99
1,021
1,770
99
123
-903
-222
Total other countrlea.
1,935
-889
ll.,7Wi
311i,9Wt
Total Asia
3'.3
-16
20
51
-2
551.
252
-67
5
-16
-19
-2U6
-1
1.7
85
226
287
-7
76
50
51
207
2
j,5
70
151.
-8
l.,857
6,01.8
3,'.51
29,121
168
-20
210
f
7
53
1,232
3
6
592
56
-5
-123
-26
-3
39
1.2
-351.
51
2,065
21
671
15
352
21.2
-1,11.6
-337
2,973
976
866
1,371.
3I.9
191
-30
13
-6
2
-213
8
2
-10
10
287
3
15
11
2,326
32
128
-21
6,076
3,7l.5r
-387
-83
32"
-55
-618
69
952
3,225
6,561.
l.,012r
-1.00
312
-681
1,031.
22,7U1
77,730
-20,561
82,062r
r.,151
669
932
386
1,521
-11,513
1'>9,318
685,232
157,3l.7r
78,U3l.
1*3,913
51., 195
-lil,090
10,860
3
Other countries:
International
Grand total.
i/
Mot reported separately prior to March
lU
1951*.
5M
6
p
r
Rrellmlnary.
Bevieed
6
-17
3
3
January p
\pril
1957
57
.CAPITAL MOVUffiNTS,
Section II - Summary by Countries
Table 4.- Net Transactions in Long-Term Foreign Securities by Foreigners
(In tbouaande of doUare; negative figures Indicate net sales by foreigners or a net outflov of capital trom the Ttolted States)
Calendar year
Comtry
1952
Burope:
Austria
Belglun
Czechosl ovale la
Denmark
Finland
France
Germany, Federal Republic of
Greece
Italy
Hetber lands
1953
3,818
3,511
-28
5,309
58
5,395
-li,670
-506
IvO
-162
50
1,170
-8,702
-6,091
1,280
1,351
3,991
-3it,ai
-36U
-318
Yugoslavia
Other Europe
.
Canada
August
Septentber
-5a
-587
-6,985
6,007
-3
-13
15,356
179
li,662
16,539
19,000r
1957
October
1,151.
2,1.85
61.
1,27U
2,008
152
-12
160
58
102
1
2,001.
2,286
2,791.
1,627
623
2
3,ltl6
55
28
570
J., 817
-3
-U2
1,783
,275
1,065
-789
692
231.
679
18,370
2,502
131
1,525
51.3
-20,090
-23U
-1,631
lUl
-1,885
2a
U.7
-629
3
59
10,337
286
-7
-285
-1,332
3
-5
67
-73
»i,706
207
-163
8,73U
6
282
-J»87
37,30l»
-18
33,620
-197
-^,398
37,051
-9,U63
-35,235
-58,975
-11,160
121
-5
-250
3
752
-1
1,131
2,807
1,6U2
19,939
96,259
-9,119
-*5,523
-11.1,019
-137,761
-133,17'.
lit
,233
390
U95
19,302r
p
-1.9
2,1.58
a, (AS
-17
January
2,086
2,202
-59ltr
December p
711.
19
996
60
-21.
November p
-558
705
-w.
-9
62
, .
Total Europe .
7,21'>
U,90l*
1,3^5
Sweden
Switzerland
Turkey
U.S.S.R
united Kingdom.
3,056
-u
25,57U
1,179
ft}land
Porti^al
Rumania
Spain
1,995
IA89
2U7
Norvay
1956
1956 P
1955
195*^
1.66
517
1
I6U
2,622
2,1.35
2,013
2,120
500
603
1,159
208
178
823
71
16
7oii
-lU
2U
107
'•5
-5
-39
12
207
-3
1,851.
1,U8
-618
5,221.
2,791
U
-153
1,372
-13
l.,051
1,911.
3,191.
1.3
-85
2
-3,880
-2,637
2
U5
180
112
150
207
197
8,629r
-5,7511
-t,190
21,955
18,210
11,919
1U,968
7^,151* -1.52,8llr
-*7,590
-16,275
6,605
-58.102
-55,1.21
-17,7^8
-16
lU
U98
61
103
-10
632
95
231.
60
-61.8
Latin teerlca:
Argentina.
Bolivia...
Brazil
Chile
Colonbla.
Cuba
Dominican Republic
Guatemala
Mexico
Hetherlande W. Indies &
Surinam
Panama, Republic of.
Peru
£1 Salvador
Uruguay
7enesuela
Other Latin America.
Total Latin America.
501
116
-292
77
78
51.
6,981.
5,51.0
2,163
7,189
1,562
1,71'.
1,21.5
-323
-1,558
118
5,763
3,621
1,058
5,239
3,089
-1,007
127
5,311
6,U69
2,868
2U
523
1.2
-351
228
-68
5,351.
6,031
9,071.
8,005
US
168
U,296
1,115
1,80U
296
UUl
-50
775
51
-lUl.
21
6,262
-62
1,961
-38
5
569
-250
116
-88
36
-15
Ylk
26
210
I.
-97
-71.
-11.6
lU
826
-5
U
997
132
lU
-68
31".
U88
11.7
112
18
561.
21.2
1.61
6
llU
7
12
-5
-30
,31.7
383
1.85
686
2
386
-186
16
-29
-135
313
15
515
U35
237
3,356
99
29
SO
5,065
1,322
129
2,753
-1,186
2,875
298
106
350
123
U76
-39'>
-97".
-1.7
10
1.87
9
31.0
-UO
25
9
268
136
-1,638
-5,133
236
117
12,179
1,798
-1,871
-861
58ar
-2,055
11.5
1,633
U96
6,299
-5,55'.r
-215
-10
-216
-257
-1
J.6
-102
-612
-319
-120
25,332
3'.,599
32,760
23,506
17,122r
1,31.2
763
-501
2,792
U3I.
535
353
1
11
5
115
6
17
29
18
68
1.92
15
-10
-25
-6
10
5
7
1.3
155
1
-2
3
17
19
-3,186
-828
I.
2,137
-1.30
1.86
196
-1
lU
2,171.
Asia:
China Mainland
Formosa
Bong Kong
India
Indonesia
Iran
Israel
Japan
Korea, Republic of..
I^lllpplnee
22
56
70
358
5,125
1.50
1.36
3,205
-331
l,l>92
2,358
220
2,159
109
U,869
11.0
-181.
136
139
18I.
11.3
12
-1.6,757
25
-38,172
U,038
-lU
129
-39,992
6,232
•1.1,736
19
-53,088
601
9,782
,32r
„i/
281
-1,221.
-51.
-1,518
Ul
22
-3
7
-9,279
75
-8,185
70
-1/
-133
-1,91.9
21.5
Thailand
Other Asia
l.,320
1.3U
-2,387
1,272
501
-2U
-657
-11,272
1,308
8,071
56
Total As la
-10,01.2
-29,905
-31. ,11.9
-1.8,725
-39,962
2,519
25,959
11,0U2
-2
3
6
60
-5.6I.7
-19
-21,796
-11,959
8
-1
-5,1.13
-11
16
-5,107
9,280
'.,956
1,722
-31.3
lu
113
-8,626
6s
7
j,5
12
5
2
5,015
1,999
2,627
U9I.
953
5
-353
-1,21.5
l.,019
1,209
-8,031
-8,092
-8,500
3,018
207
1,179
-5,695
1
232
3,905
1
-3
-37
1,022
•677
Other countries
Australia
Belgian Congo
Bgypt
tblon of South Africa.
All other
-1.03
II.
,850
1.69
6,65Qr
l>
3
61
-61.
31
9k
365
-1,012
1,706
3,029
-9
5,981
25,813
7,180
-7,302
-!i,833r
3,1.1.7
-868
2,917
-2,571
1,217
3,219
Intematlcmal
-118,067
•61,236
-163,866
-26,531.
-32,a25r
-2,1.69
1,580
219
1,888
-2.981.
-70,711.
Grand total
-217,876
-72,231
-300,-388
-30,1.21.
•50l.,680r
-52,269
32,1.0U
-1.5,811.
-52,927
-76,601
Total other countries.
i/
Hot reported separatelj prior to March
1951..
p
r
-11.
,971
Preliminary,
RoTlaed
58
Treasury Bulletin
.CAPITAL MOVIMEWrS.
Section III - Preliminary Details by Coimtrlee
Table 1.- Short-Term Banking Liabilities to Foreigners as of February 28, 1957
(Foeitlcn In thotuaoda of dollars)
Sbcort-tam llabllltlM parsble In dollara
To foralgn banks and official Institutions
To-tBl
CountZ7
ehort-tara
Ualillltlaa
Belgium
297,077
132,912
660
«
•.»
Czechosloralcla. •...•••.........
Demark
76,lili8
•
61,278
Flnlanl
France
Qsiaaar, Federal Bepubllc of...
Greece
•.,..
Italjr
Hcomay
Poland
Portugal
Bnuuila
Spain
Sweden
Svl tzar land
Turkey
D.S.S.E
''91,519
''37,''26
1,71'8,169
66,508
3,537
13'',269
913
kO.SSl
,,.,,.,.,.,
397
66,835
59,088
1,761,618
183,972
889, 96U
121,519
Netherlands .•••.•.,.•.,.•
295, '•61
78,998
172,661
865,358
97,169
29,531
3,176
102,180
255
27,01'7
215,823
35,350
388
26,513
8,216
253,281
263,935
20,775
lli2,37''
76,1153
Siort-tsni
Uatllltlss
all other farei^iisrs
U.S.
Dapoelta
Europe:
Austria
•Co
jaorabla In
U.S.
Treasury
bllla aM
cartlfloatea
Total
79,638
9^9
''2,699
9
39,800
32,070
522
18, 802
100,19i>
83,951
1,333,320
151,850
653,237
2,500
150,91''
25,236
3,132
98,U31
2U3
26,182
656
l''7,835
15k ,312
1,616
53,396
263
9,598
2,190
Csposlts
foral^
Tr«asiiT7
las
bills aid
certlflcatas
1.615
1
".2,188
3.657
7,551
518
263
8,001
573
l,02li
15
6
2,181.
52.190
12,392
11,311
21. ,601
21. ,230
"17,385
36,857
361
32,088
656
12,873
6,81.6
1,800
1,860
1,768
8, WIG
3,839
170
25
3.100
120
33.955
361
31,667
658
12,801
686
2,216
80
3'il
62
12,689
23,913
273
250,750
6,782
108,671
2,339
273
113,255
2,1151
383
383
36
69,7^7
18,216
3,639
itl.
3,7119
12
865
10.090
9.5*3
15,991
17,291
3,005
I1I12
I18
1.903
1,057
"ill
228,733
221,810
kl* ,01''
79^1,759
612,1211
21,827
868,1.16
18,965
530
590,628
27^,895
18,U57
528
206,019
17,211
322,U7a
16,828
30^,351
50,621
177,765
76,1'1'5
17,619
15,016
g.583
20
6,516,766
5,779,1'87
1,805,2U3
3,155,201.
8l9,0l'O
7011,565
"180,712
I57.9I13
65,930
32,691.
1,56'.,753
1,280,168
792,733
''36,258
51,177
266,872
200,li7li
57,276
9,122
17,713
Argentina.
BollTla
lli2,U88
97,073
10,076
93 ,271*
2,500
1,299
U5,l.o6
Ul.,231
106
26,797
10,003
73
BraxU
2<>0,li9li
151 ,66U
129, •''6
22,218
Chile
Coloobla
85,703
170,870
32,033
31,580
U8,li99
'.53
16,683
83,983
53,283
2,316
179
118,911 li
16.721
88,762
53.670
51,921
51,32lt
15
582
Cuba
Donlnloan Bepubllc
Guataaala
Mexico
Netherlands W. Indies & Surlnaa
221,56lt
135,l'8l
1,312
''13,299
36,898
5U,58U
316,608
2li5,228
67,358
''"',536
21,803
83,996
39,085
lit, 700
95,328
10,172
775
75,983
69,296
112,173
81,851
U,591
H,029
U,591
39,2''3
119,820
63, on
258,85''
''7,796
6,861.
2.019
3.590
2.095
6,9711
362,991.
23,2U8
33,817
259,557
1,667
1,008
1.61
2,306,016
1,U30,l80
1,223,779
131,''6U
16.655
I13.88O
1.251
35,35''
28,858
58,653
29,079
28,279
3''2
57,2''0
1,010
lltl,l6o
ttolted
•
,.,,
803
Klngdcn
YugoelATla
Other Europe
Total Europe
,.
Canada
29,961
212,917
508
2
360,696
l'',377
151,31.1
2,71.9
119,858
2
29,981
77
1,29k
lllO
113
17,637
27,038
lAtln Aaarlca:
Pansaa, Bepuhllc of
Peru
El SalTador
Qn^uAjr
VenaxueXa
Other Latin Aaarloa
Total Latin Anerlea
76,083
,
131,266
36,802
10,365
U.5
300
3,915
35,300
69,500
12,000
96
8,919
1,880
10,733
86,083
39.085
11., 712
96,U76
22,822
100,582
223
''0,795
5,000
9,H1
15,995
1.0,806
9,135
27,331
61,1115
6,1.86
'11.950
703
6,331
103.287
56.316
35,050
15,888
32,957
93,010
53.215
,937
87U.585
809,050
237
6.U96
503
6.'' 50
2,609
2,6U9
61
31.039
U,91U
6,U96
6,U50
29,871
123
U,U32
71.
13
1,069
25
9
2, "163
68
208
7
5
860
2,950
288
9,700
17,835
5.617
107
1.602
128
5
215
27
316
150
Asia:
China MalnlaM
,.,..,
Foraoaa
......,...,..,,,..
Bone KoBg
India
iDionesla
Iran
Thailand
Other Asia
Total Asia
31,'»55
27,023
26,900
Total other countries
2,10li
7I19
'1,399
2,61.5
33
1
22
7
52
1
35,''12
833,020
95,252
77,571
322
15,909
51^
20,361.
1.5''2
20.339
li,1.22
25'', 15''
2011
,832
5,175
21,705
22.390
22,089
256
"15
161,206
392,665
157,903
366,358
28,518
281,617
129,116
75,623
269
9,118
3,303
26,189
3,27'i
20
25,856
9
333
U8
2,196,555
1,706,117
1'31',1.19
51', 019
131,869
129.970
319
1,560
987
28,200
13,160
15,600
7,264
236
2
3.''5"'
95
989
595
1.2,500
37
335
939
."t
11
79,970
7k ,837
''3,759
''3,305
68,657
62,832
66,370
133 ,''63
100,939
31,037
22,881
23,63k
16,3*5
85,969
59,1''7
2,61.6
"1,538
1,5''2
I.5I1
I15I1
2.2I19
27.501
580
1
5
3,50*
37.003
675
U,li99
1,906
130,011
5*1,551
ks,800
75
l'i,895
2,250
3,350
31,585
388,681
3'''., 598
179,866
126,735
37,997
"12.177
1,680,979
81,529
1,598,850
600
15
111,786,621
]2,7U,967
5,791,267
5,882,930
1.037,770
2,020.103
Al
60
9
35,73''
1,680,99k
IntematlQoal
1.128
'1.905
2.101.
926,500
100,188
231,712
2, 329
Other oonntrlee:
Australia
Belgian Congo
,.*
Egypt
OUon of South Africa
AU Other
Grand total
70,1' 99
I61i,01i8
26,U70
67,850
22,827
38,380
9k6,87l
101,730
Japan
Korea, Gepnbllc of
Philippines
65,103
60,178
76,162
166,153
3.3"i5
15
1,657,209
232,883
April 1957
59
.CAPITAL MOVIMENTS.
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of January 31, 1957
(Foaition In Uioa»siid> of
Country
doU«n)
60
Treasury BuUetin
.CAPITAL MOVEMENTS.
Section III - Preliminary Details by Count
Table 3.- Purchases and Sales of Long-Term Securities by Forel
(
In thoufiaodfi of dollars
April i957
61
.CAPITAL MOyOffiNTS.
Section IV - Supplementary Data by Countries
Table 1.- aort-Tenn LiabllitleB to and Clalme on Foreigners Reported
by Nonflnanclal Concerns
(Position at erd of period In thcuBsnds of doIlaiB)
Llabllltlea to foreigners
Coimtx7
1955
1956
Septeaber
December
773
lU.OlO
212
U.5
1,129
816
19,069
215
1,027
989
1,197
30,363
13,337
6,355
13,969
5,579
16,U07
3,l>eB
3,i»32
8,033
15,893
6,777
12,937
9,^37
8,295
20
1,607
381
9,177
Europe;
Auatrla,..,.,
,.
Belgium
CsechoslovB}rla.
Denmark
FliOaiYi
France
Ganaaxiy..,.,
Greece....,,
Italy
Netherlands,
Horway
Folanl
17
3,239
uoo
6,312
Portugal, • ,,
Ihianla...,
Spain
3,862
9,291
1,507
281
67,096
7,301
1,802
290
55,121
Tagoalarla. .
Other Xtffope.
29lt
30I1
51.7
5i'3
Total Sorope,
165,752
153,965
Sweden
Svltserland.,
Turkey
D.S.SJi
Tftllted
Elngdoi
30,260
lAtln Aaerlea;
Argentina.
BollTla...
Bratll...,
Chile
Coloabia..
'',581
1,5^1
11,231
5,0U2
5,030
'',31^
28,
m
2U
2I17
U80
l.,822
3,675
6,031
10,0l»9
8,362
15
i.oee
la
10,210
3,706
9,329
1,''77
292
''9,30lir
322
603
158,361.r
31,098
U,836
1,628
10,2U2
3,895
U.lOl
3,832
1,785
10,275
"•,663
U,l8U
6,703
281
995
5,622
1U8
Mexico
Setharlanda W, Indlea
& Surinam. ..,..,.,,.,
8,886
332
695
U,U70
lt,l8l
3, '•38
2,882
2,lli0
fteaaa, Sepabllc of...
7,21*6
Pern
Kl Salrador
urngoay
Tenexnela.
.,
Other Latin taarloa...
13,887
156
•,951
Total latin Awrloa...
Sl.UkP
Cnba
Soidnican Kepiibllc....
Qoiatei&la
Aalai
ChliM Mainland.
7,l<07
3,105
3,3U
,
Ibmoaa
Hoog Kong
«....,
India
Indooeala...,,, •.,.,..,
Iran
,
larael
Japan
Korea, Bepdhlle of.
Rilllpplnes
333
1,129
3,18U
1,698
1,987
1,7^0
6,750
209
3,132
8.U63
Other Aala.
Total Aala.
7,061.
39,000
Other coiptrlee:
Auatralla
Belgian Congo
Egypt
Ublon of South Africa..
All other
10,615
U6l
565
1,106
•,973
Total other countries,
17,720
latomatlonal
Grand total.
505
33't,699
1,051'
1/
Treasury Bulletin
62
.CAPITAL MOVEMENTS.
Section IV - Supplementary Data by Countries
Table 5.- Short-Term Liabilities to Foreigners In Countries and Areas
not Regularly Reported Separately by Banks and Bankers
^
(Position at end of caleodar year In thousanla of doUare)
Cointz7
"
aoo
Iceland
..•.•....
Ireland, Republic of..........
Latvia
Lithuania
,
1,319
1,788
n.a.
36k
182
1,222
n.a>
1,307
399
1,001
8,877
1^,313
1.039
U97
1,022
k,8k7
13,7k5
1,012
28k
3,127
9,079
6ke
388
U,003
3,021
2,531
l.,U86
2,2U
3,09k
5,593
1,367
13,188
k,287
l,k20
19,035
15,313
21,236
39e
16,623
17,586
17,726
586
Ik, 892
583
9,3>t9
12,70li
12,116
2k,ioe
Ik, 586
17,991
968
8,888
18.699
16,005
5,999
17,33''
10,282
3,579
9,725
12,821
3,576
5.083
576
9,781
29,687
197
k,130
539
9,797
19,122
13,108
18,775
10,032
755
10,708
120
32,918
1,210
3,506
23,100
23.917
16,5W
18,036
6
9,722
S.Slk
n.a,
Ik
kk
22.305
271
3,806
1,766
26,85k
5,685
1,990
3k ,033
18,76k
2.682
n.a.
6l.k7k
21,539
8,lkO
79,k86
13,131
62,323
17,082
50.057
l,kk6
18,016
8,719
5,622
1,707
2.kk0
23,669
8,026
13,063
9.895
3,769
2k. 160
10.532
23.669
3.726
lU,8k7
1,850
5.3k0
686
13.639
2.187
2,809
315
klS
33.k71
22,k27
k88
616
n.a.
l.gliU
1,01.3
,
,
.,,,
Luxembourg
Monaco
Trieste
7,538
Ik, 059
5,322
381
371
660
786
Other Latin America"
British dependencies
Costa Rica
Ecuador
French West Indies and French Guiana,
Bal tl
Honduras
Rlcaregua
Paraguay
Other Asia"
Afghanistan
Bahrein Islands
British dependencies......
Burma
Cambodia
Ceylon
Iraq
Jordan ....•...•..••.•.•••.••Kuvalt
Laoe
Lebanon. ......•.••..•••.•...••
Nepal
Pak Istan
.•.•••••............
Portuguese dependenc les
I^ukyu Islands
Saudi Arabia
Syria
Vietnam...... •...•.•••••••••.•.•
"
1956
192
579
6lU
1,237
1,886
ititit
Bixigar?
"
1955
Other Europe"
Albania...
British dependencies
Bulgaria
Eastern Geraan;
Estonia
"
WJk
1953
l8,0li2
13 ,''33
2,7li5
589
9,13''
23,oe6
2/
17,096
13,76k
901
10,082
2/
18.510
20.5">5
6.923 2/
Ik ,681
10,193
U,802
3,985
5,283
n.a.
8,771
7,0kl
17,190
kl,220
16,925
2,006
5,3kk
n.a.
n.a.
Other comtrles"
British dependencies
Ethiopia (Including Eritrea)
French dependencies
Liberia
Ubya
1.572
9,139
5,739
11,817
2,967
Morocco
.*
New Zealand
•
Forti^ueae dependenc les... ...........
...••...•..
Spanish dependencies
Sudan
15,9k6
7,6k2
3,071
2,338
8,300
520
Tangier
Tunisia
36,056
600
'',997
158
n.a.
The data in this table are based on repcrte frott banks and bankers in
the Seconl (New York) Federal Reserve District only, and Include funds
held in an account vith the U. S. Treasury. Area totals viU. not agree
with thoee shown far the corresponding dates for "Other Eiirope,"
"Other Latin An»rlca," "Other Asia," and "Other Countries," in the
n.a.
35,7k6
k30
673
regular monthly series in the "Treasury Bulletin." Countries have
been omitted or grouped to avoid revealing individual accounts or
the foreign position of any reporting institutions.
2/ Prior to 195k, data shown opposite Vietnam represent liabilities to
Indochina (Cambodia, Laos, ard Vistnam).
n.a. Not available.
April 1957
63
.CORPORATIOTS AND CERTAIN OTHER BUSINESS-ITPE
The financial statements of corporations and certain
other business-type activities of the United States Ooverntftiloh appear In the "Treasury Bulletin" beginning with
the August 1956 Issue are compiled from reports submitted
ment
AC'i'iVi'i'IES.
regulations as agency accounting systems are developed to
the point where they are capable of furnishing the financial
reports required.
to the Treasury under Department Circular No. 966, Issued
Four kinds of financial statements are called for by
January yi, 19^, and Supplement No. 1, Issued June 1, 193^The regulations so Issued are pursuant to Section ll*! of
the Budget and Accounting Procedures Act of I95O (3I U.S.C.
Department Circular No. 9^6 and Supplement No. 1. They
are statements of financial condition, income and ex-
66 b), and represent another step in the program of com-
comiltments and oontinganoiaa.
prehensive and Integrated 9overnment accounting and financial reporting for i^lch authority was provided In that
Bulletin.
They supersede Budget-Treasury Regulation No. 3.
Issued under Executive Order No. 8512 of August I3, I9U0,
as amended by Executive Order No. 9084 of March 3, 19lt-2.
act.
pense,
source and application of funds, and long-range
All of the financial statements required by the Circular will be presented in the
The statements of financial condition are
published quarterly, as before, and appear as Section
the series of tables.
I
in
The first data under the new regula-
tions are for March 3I. 195^. ^.nd were presented in the
Statements of income and expense and
August 1936 Bulletin.
In coverage,
the new regulations require submission
of financial statements by all wholly owned and
mlxed-
ownerehlp Government corporations specifically Included
In the Government Corporation Control Act, as amended
(31 U.S.C. SW, 856); and all other activities of the
Oovemment operating as revolving funds for which buslneeetype public enterprise or Intragovemmental fund budgets
Other activities
and agencies whose operations, services, or functions are
largely eelf-llquldatlng or primarily of a revenue-producing
are required by the Bureau of the Budget.
source and application of funds continue to be published
semiannually, and appear as Sections II and
in.
The first
of these statements under the new regulations cover
the
fiscal year I956, and were published in the January 1957
Bulletin. Long-range commitments and contingencies will be
added on a semiannual basis for a subsequent date. Vithin
the sections,
the agencies are grouped in separate tables
by type, as follows:
public enterprise and intragovem-
mental funds, certain other activities, deposit funds,
trust revolving funds.
and
In the first two of these tables
nature, and activities and agencies whose operations result
the agencies are further grouped by major functions in
investments
accordance with the functional classification in the current
In the accumulation of substantial Inventories,
and other recoverable assets, may be brought under the
Budget document.
61^
Treasury Bullet iM
.COBPORXnOMS AHD CKRTAIH OIBER WSTSBSS-TTFE ATriViTUSS.
Section I.- Statements of Financial Condition, December 31, 1956
Table 1.- Summary for Specified Classes of Activities
(In thousands of dollars)
Account
April 1957
65
.CORPQRAfTKnS AHD CERTAIH OIBER BDSmBSS-TTIX ATl lVlTUB '
Section I.- Statements of Financial Condition, December 31, 1956
Table 2.- Public Enterprise Funds and Intragovernmental Funds
(In thousands of dollars)
Major national security
Public enterprise funds
Defense production expansion
Defense Dept.
Export- Import
Bank of
Laundry service. Washington
Naval Academy
Navy Dept.
General
Agriculture
Services
Administration Dept.
ASSETS
1,572
186,259
Coah In baxilEs, on hand, and In transit
Find balances with the U, S. 'Ereaaury
3 ,145 ,7U3
128
15 ,685
Inveelziante
81;6,052
Public debt securities (par value)
Securities of wholly owned Gort. entorprlees
Ukusaortized premlim, or discount (-)
Other eecurltlea (net)
Adrancee to contractors azid agents:
Govemnent agencies....
36,175
-4,983
150 ,872
565
63 .533
3,199
81,372
17,715,134
Otiiere
Inrentorles
Less; AULowance for loesea
Acooimta and other receiTablae:
Goremnent agencies
Others (net)
Loans receivable:
..••.....•...
Govemnent agencies
Others
losses.
Leas: Allowance for
Acquired security or collateral (net)
Land, structures, and equiimsnt.........
AccumilAted depreciation...... .......
Less:
Otjier assets (net). ...... ..............*.....
614 ,535
2 ,244 ,094
2 ,681 ,806
522 ,269
22
6,677
515
13 ,950
38,223
9 ,640 ,483
186 ,865
198 ,864
4,548,181
967 ,919
740,824
1
38 ,738
37,107,329
Total asaeta
89,096
18,004
45,015
205
139
UABUJTIBS
Accounts and other payables:
Gcvemuent egenclee ......................
Others
Advances fron:
Govenment agencies ......................
Others
Trust and deposit liabilities:
Govemnent agencies
Others
Bends, dsbenturee, and notes payable:
Goverxment agencies
Others:
Guaranteed by the Iblted Statea
Hot guaranteed by the Iblted States....
All other liabilities (including rssorres).
230,339
3
1 ,067 ,590
10
33,355
3,278
17 ,327
184,303
36,033
67.198
1,291,052
1,373.956
4 ,304 .425
Total liabilities
NET
31
iflVJb'iMjarr
Private interest:
Capital stock. ...•.......•.....•.•••...
Accimulated net Inccne, or deficit (-).
Total private Interest
Uhited States Interest:
Interest-bearing Investaasnt:
Capital stock
Borrowings trtm the U. S. Treasury
Other
Hottlnterest-bearlng investment:
Capital stock. .........•................•...."
Approprlatlone. ................................
Capitalization of assets (net)
Other
Accwulated net Inccme, or deficit (-)
Deposits of geiwral and special fwid revenues (-)
140 ,971
16,817,813
452 ,834
•
Total United States interest
Total liabilities and Imestaent
1,283 A45
6 ,948 ,679
4 ,607 ,213
7 ,301 ,632
-4 ,749 ,680
186
1,607
32 ,802 ,909
186
38 ,697
38,738
37,107,329
AMAgSIS OF nlVBJWBfr OF Tgg tHITBD gTAIBS
Investment of the ttotted States
AccuBulated net Incone, or deficit (-)
Total Inveetment of the United States Including
Interagency items
Interagency itesns:
Due frcm Govemnent agencies (-)..............
Due to Government agencies. ............... ....
Total investment of the ttaited States after
exclusion of interagency Items
37,552,587
-4 ,749 ,680
186
37,090
1,607
32 ,802 ,909
186
38 ,697
-2 ,735 ,130
317,054
30,384,832
5
186
38 ,702
Interior
Treasury
Dept. 1/
Dept.
Treasury BuUetii,
66
.cGRPORfcncats ahd ceptaih other BDsniEss-TTE>E
/cnrrnxs.
Section I.- statements of Financial Condition, December 31, 1956
Table 2.- Public EiiiterprlBe Funds and Intragovernmental Funds - (Continued)
(In thousandB of dollars)
Major national security
-
(Continued)
Intragovernmental funds
Defense Department
Navy Department
Army Department
Industrial
fund
Stock
fund 2/
Stock
fund 2/
Industrial
fund
Air Force Department
Marine Corps
stock fund
Stock
fund
Assars
Cosh in banks, on hand, azid in trenslt.. ... ........
Fund balances vlth the U. S. "Creafiury
697
,291t
21l(
,039
21(3
.986
82
,891(
51.360
27.728
267.044
406,024
591
800.331
Inreetzienta
Public debt securltlee (par Talue)
Securltiee of vhoUy cwnod Gort. enterpriaee
Ibuonortlzed prcanlm, or diecount (-)
Other securities (net)
•
Advances to contractors and ^ente:
Gavemnent agencies ...........•....•.•.....•
Ot^iers
....•...........•.•••.
Inrentorlee
AULcwance for loeaea
Less:
recelTablfs:
Accounts and other
COTenment agencies
Others (net)
Loans receivable:
Govemnent agencies
....•.......•.•..>•.•>•
Others
Less: Allowance for lossea
Acquired security or collateral (net)
•
....•••...
Land, structures, and equipment.....
Less: AccvioulAted depreciation
Other assets (net)
..•...•.•.....•..
Total assetfi...,
1,110
3.026
7,279.685
87 ,558
2.206.11(8
214.120
1(27 .232
59 .788
52.697
91.363
961
71 .340
8 .1(78 .578
559
1>961(
11 .420
18 ,229
22 .969
20 ,805
407 .164
480.642
1. 256.823
12,854
92 ,186
M9
2,502,830
7,587
27 ,925
3.173
15 .690
7l(.91(2
66.812
365
128.903
289
LIABILl'riJB
Accounts and other payables:
Govemnent agencies
Others
Advances frcn:
Govexisment agencies ...•.•.•.•...•.«...•.•...•>••
Others
Trust and dspoalt liabilities:
•.....•.•.•.
Govemnent agenc les.
Others
Bonds, debentures, and notes payable:
Government agencies
OtherB:
•....
GuA37anteed by the Ublted States
Bat guaranteed by tjie lAilted States
reserves)
(Including
other
liabilities
All
Total llabllltlea
188 ,757
53.716
19
2,51(0
1,622
3.936
240
l(.861
52.855
193 .619
90.906
114*460
186
38,203
,1(77
198,615
13.040
188,281
706,587
237,386
-28 ,991
-59.500
547.478
221 ,300
929.954
154
-20.377
-82 ,712
3.363
81
NBT IBYEgmHIT
Private interest:
•.•.•.•••...•.•...•.
Capital stock
«...
AccuQulated net Income, or deficit (-)
Total lo^vate interest...... ....•••..... ..•.•>..•
United Stat«s Interest:
Iirtereet-bearlng Investment:
•...•...•.•.•.•..••
Capital stock
Borroifli«s traa the U. s. Treasury
Other
Honlnterest-bearlng lnveataont:
.•.•...•...•.•.•••...•.•*••
Capital stock
Approprlatlcme
Capitallratlon of aaaeta (net)
Other
Accimulated net Inccme, or deficit (-)
Deposits of geiteral and special fuid revenuea (-)
256,930
18
.21(3
1 .692 ,51(9
8,281(.9592^
Total United States Interest
B,281(,959
27U ,513
2, 1(21, 354
208,550
467 ,601
1,068,542
Total llaMlltles and Inveelaent
3.1(78,578
365
A19
2.502,830
407.164
480,642
1,256,823
8.284.959
275 .173
-660
2.399.136
2O0.395
22 ,218
154
487,978
-20,377
1,151.254
-82.712
8,284.959
274.513
iA21.354
208.550
467,601
1,068,542
-427 ,232
-60.898
-91,363
10 ,127
-52 .697
3.173
223 .742
2,371.830
132.908
AHAEfsis OF niyg/mari' of the miiH)
Investzent of the Ublted States
Accunulated net Incaas, or deficit (-)..
staie
...-•
....•
Total investment of the U<od States Including
•
interagency items
Interagency items:
Due from GovomBont agenciee (-).......
..........•••...•
nent agencies
Due to Go v e
m
Total investment of the Oolted States after
exclusion of interagency itams
Footnotes at end of Table
6.
7,857.727
(Ccatlnued on foUorlng page)
-128 ,903
57.652
15 ,721
467,601
997,291
April 1957
67
.CORFORiKriOaS NSL> CXRCAIH OTHKR BDBIBESS-TXPE ACTIVITIES.
Section I.- Statements of Financial Condition, December 31,
Table 2.- Public Enterprise Funds
zuid
1956
Intragovernmental Funds - (Continued)
(In thousandB of dollara)
Veterans' services and benefits
International affairs and finance
Public enterprise funds
Export- Import Bank
Mutual
security
y
Regular
lending
activities
Liquidation
of certain
RFC assets
United
States
Information
Agency
^
Intragovernmental fund
General
Services
Administration 6/
Public entei^irise funda
Veterans' Administration
Canteen
service
revolving
Rental
etc. , of
qiaarters 1/
Civil
relief
8/
ASSETS
11
1,703
in banks, on hand, and in transit.........
Fuid balances with the U. S. 1^asuT7
Costa
5,698
169
3,378
105
3,1*25
291*
2,679
1*1*6
Inrealanents
Public debt securities (per Talus)
Securities of wholly (»ned Gcrrt. enterprlaes.
Uiamortlzed pramltm, or dlacount (-)
Other securities (net).
Mranoes to contractors and agents:
GoTemnant agsncles
Others
Inrentcrles
Less: Allcwance for losses*. ...... .•.••••••
;\coounts and other recelTablaa:
GoTemnent agencies ......•.•••....••••.•.•...
Others (net)
Loans receivable:
Gcremient agencies
Others
..•..«•..•
Less: Allowance for losses
Acquired security or collnteral (net)
Land, structures, and equlpoent. ...•••. •....••.
Less: Accnoulated depreciatlcc.... ..........
Other assets (net).. ..•••.•.•...•...•. .•••••••
1,250
3,1*50
6
23 ,588
2,636,0232/
1*6
33
1*22
9
36
27 ,125
130
1*,791
165
80
2,399
10 ,919
1
Total assets ...•.•.•.•..••••••.•..•.••••••••••
1.715
2 ,665 ,378
31 ,762
17
85
296
11,088
35_
31*0
12,1*35
6
38
1,1*17
1*82
LIABILITIES
Aocounta and other payables:
Gcrenment agenc les
....•.•.••••••
Others
Advances frcm:
Goremment agencies...... ................
......•.•...•...•.•.
Others
Trust and deposit liabilities:
Gorerrmsnt agenc lee •...•••.•.•••...•••.>.
Others
Bci^s, debentures, anl notes payable:
GorerxBBent agencies
Others:
Guaranteed by the Uiited States
Hot guaranteed by the mi ted States....
All other liabilities (including rosorres).
38
153
383
26
1*10
1*99
32,771*2/
Total liabilities
33 ,312
396
608
1,197,100
29 ,617
11,600
1*7
2,1*89
FrlTate Interest:
Capital stock
Accunulated net Inccme, or deficit (-).
Total private interest
Italted States Interest:
Xntejest-bearing Inrestanent:
Capital atock
Borrowings fnai the U. S. Trsasiiry
Other
Honlnterest-bearlng InvesljBont:
Capital stock
Approprlatlc&s ..•...•..••.....•...•.•..••••••
Capltallxatlan of assets (nst)
Other
Accumulated net Incane, or deficit (-)
Deposits of general and special fwid reremies (-)
1 ,000
1,715
Total llabilltlss and inrestaent.
AHAlaSIS OF
Investsnent of
1+31*
,966
Uhlted States
Accwulated net incoae, or deficit (-)... .......
Total inrestzient of the United States Including
interagency items
Interagency Items:
Due from Gcvernnont egencies (-)
Due to Gcveranent agencies. ......... ...••••.•*
Total InvesllKnt of the Dhlted States after
exclusion at interagency items
Footsotes at end of Table
6.
-•
1,715
1,715
-1 ,120
293
2 ,632 ,066
31,365
10
,1*80
293
2 ,665 ,378
31 ,762
11,088
31*0
2,197,100
31,365
11,600
-1,120
10
araMMHIT OF THE tBITgD 3TAIKS
t2ie
999
357
703
8,589
-221
9,91*6
1*82
L,7H8i2/
1,715
Total united States Interest.
,000
1*31*
,966
2 ,632 ,066
31,365
,1*80
-6
1,715
1+3
296
2,632,103
31,661
(Continued on following page)
11,088
,1*35
1*82
293
1,356
8,589
703
-221
293
9,9116
1*82
-1*6
6
-33
191
253
10,101*
12
1*82
Treasury Bulletin)
e&
.CORFOIUfflOBS AHD CKRTAIH OIHER BDSIBESS-TCT JtLTLVJTJICS,
Section !•- Statements of Financial Condition, December 31, 1956
Table 2«- Public Enterprise Funds and Intragovernmental Funds - (Continued)
(In thousands of dollars)
Veterans' services and benefits - (Cont.
Public enterprise funds - (Cont.)
|
Intragovt. fund
Veterans' Administration- (Cont.)
Veterans
insurance
11/
Veterans
special
term
insurance
Vocational
rehabilitation
Labor and welfare
Public enterprise funds
Intragovt. funda
HEW Dept.
Supply
fund
Public
Health
Service
12/
Labor Dept.
Commerce Dept.
Bureau
of
Employment
Security ]j/
National
Bureau
of
Standards jjt/
ASSETS
Coah In t)aDka, on hand, and In transit. ..••»•••*•••
Find b&lanceB with the TJ. S. Treaa^3ry,,,
39
56
1A21
996
601
1,885
7,906
21*
983
1*,232
InreatSDenta
27
Public debt securities (par tslLub ).........,... ..
Securities of vholly owned Gorb. enterprises
tbsoiortized preoitm, or discount (-)
other aecurltles (net).
AdTanoee to contractors and agents:
GoreniBfint sgenciee
....,.....•.•..
Others
•
Inrentorle a ..•...•.,...........,.•.•••.•...•.•.•...
Less:
AllcMance for losses
Accounts sod other recelTables;
Goremsent agencies ..............................
Othere (net)
Loans receivable
Goremnent e^encies
Others
Less: Allovance for losses
Acquired security or collateral (net)
Land, structures, and equlprasnt..,..,,.......,.....
Lssa: Accunulated depreciaticci
.....•...••••
Other asseta (net).......,..... .....•...•
Total asseta .......................................
,03lt
501*
187
29,51*8
33
1,628
19
6,1*38
292
l*,67l*
160
11*
1*8
61
9
26
13
HJ,^00
11,381*
1
1,572
28,379
707
1*6,680
359
987
LIABUmE
Accounts and other payables:
Govemaent agencies
•
Others
AdTsnoes fraa:
GorerxBaent agencies
Others
Trust and deposit liabilities:
Gorenment agenc ies....... .......................
Othere
Bonds, debentures, and notes payable:
GoTemDjent agenc ies
Others:
Guaranteed by the TAiited Statea
Not guaranteed by the Uilted States
All other liabilities (including resorres)
1,01*9
7,301
8,31*9
Total liabilities
NBT
1*08
16
U08
UVaaMHIT
Private interest;
Capital stock
•..
Accunulated net Inccne, or deficit (-).......•...
Total private interest........ ,.•••..... .........
United States Interest:
Interest-bearing investment:
Capital stock
........•.•..>..........•
Borrovinge flm the U. S. Treasury
Other
Koninterest-bearing Investaent:
•..*
Capital stock
Appropriatlcns. ...•..•>.(.•.*«........*.•*•
Capitallxatiaa of assets (net)
Other
Acc\iiiulated net inccoks, or deficit (-)•.,........
Oepoeits of general and special fund revenues (-)
Total united States Interest
Total liabilities and InveslaBent.. ...••....•....•..
ABAgSIS OF
TmS3awn
OF THE IBITE) SltHES
Investaent of the Uilted States
Accunulated net inocme, or deficit (-)
Total investment of the Oilted States including
•......•••..
interagency Itane
Interagency itesns:
I>ue rrom Govemnsnt agencios (-)... ...... ....•.•.
......•...••••••
Due to Govemuent agencies
Total investaent of the ttaited States after
exclusion of interagency Iteoos.......
Tbotnotes at end of Table
6.
3,000
-1
700
,U.28
28,379
6
1,572
28,379
706
1,572
28,379
10
38,367
2
-37
1*1*
579
38,331
56
579
1*6,680
72
987
April
1
mr
nmswYTJif
Treasury Bulletin
70
.CGRFOSUenOB JOD CERTAIV
CfTBXR BOSIHBSS-TXIV
iCnvmSS.
Section I.- Statements of Financial Condition, December 31 » 1056
Table 2,- Public Enterprise Funds and Intragovernmental Funds - (Continued)
(In thousands of dollars)
Natural resoxirces
Agriculture and agriciiltural resoxircea - (Continued)
Public enterprise funds - (Continued)
Intragovernmental funds
Commodity
Credit
Corporation
Farmers'
Fed. Crop
Disaster loans Agricultural
Home Adiain- Insurance
etc. , revolv- Research
istration i^/corporation ing fund
Service Vi/
ASSgPS
Cash In hanke, on hand, and In tamsl't**. ••••••
Fisid balances with the U. S. Treaaui7
7,951
26,712
Inveetaients:
Public debt BQCurltles (par Talue)
Securities of ^oUy owned Govt, enterprlsee
Ibamortlzed premiua, or dlecoxmt (-)
Other eeciirltiea (net)
Advances to contractors and agents:
Goremnent agenc lea.. ••••••.•.••.. «••••.«
Otbers
••
•••••.•..
Inventories
•.•.•••.•.....•
Lees:
Allowance for lessee
Accounts and other receivables:
Govenment agencies
•.•
Othere ( net
•
,
Loans receivable:
Goverxmsnt agenc les
••..•.••
Others
XiBss:
Allowance for losses
Acquired security or collateral (net)
Land, structurss, and equlimsnt
Leas: Accmnilated depreclatloii
Other assets (net)
5 ,892 ,78l(
2,21*1,761
Total assets
LIABILmBS
Accounts and other paorables:
Govemnent agencies
Others
Advances from:
Govenment agenc les
..••••...
•
Others
Trust and deposit liabilities:
Govemnent agenc lee
Others
Bonds, debentures, emd notes payable:
Government agencies
Others:
Guaranteed by the UOlted States
Hot guaranteed by the Uilted States
All other liabilities (including reserves)
651+
17 ,705
877,692 18/
1,111,972
Total liabilities
Hgr ufVJiJiMHrr
Private Interest:
Capital stock
•
Accxnulated net Incoae, or deficit (-)
•«
Total private Interest
Ukilted States Intereat:
Interest-bearing investaentl
Capital stock
•
Borrowings frcn the U. S. TreaaioT
Other
Bcalnterest-bearine Investment:
.••
Capital stock
100,000
11,61+0,000
Appropo'latlcoB. ••.•••••••..•••••*••••••••••••
CapltaliiatloD of aseeta (net)
Other
Accmulated net Inocae, or deficit (-)
Depoelts of geivral and special fuDd revenues (-)
-l+, 532 ,61+1
Total united States Interest
7,207,359
Total llaMlitlea and investaent
8,319.331
ABAgsis OF
lavjfcfiMiarr
of tse oiith) arATES
InvestanBnt of the IKitted States
Acciaulated net Inocne, or deficit (-)
Total inreslaent of the Ublted States including
Interagency Iteae
InterageDcy Iteos:
Due frcD Goverment agencies (-)..
Due to Govemnent agencies
••.••••••••«
Total inveatasnt of the tbilted States after
ezoluslon of Interagency Itans
Iboteotea at end of Table
6.
••«..
389
1,050
Pub. ent. funds
Interior Dept.
Agriculture Department
Working
capital
fund
Forest
Service
^
Bureau of
Commerical
Fisheries 12/
ipril
1957
71
.CORPORATIOIS AHD CKRTAXH OTHER BDSIHESS-TTI* ATrXVlTlBS-
Section I.- Statemente of Financial Condition, December 31, 1956
Table 2.- Public Enterprise Fimds and Intragovernmental Funds - (Continued)
(In thousands of dollara)
Natxiral resourcea - (Continued)
Public enterprise funds - (Continued)
Interior Department - (Continued)
Saint
Lawrence
Bureau of Reclamation
Bureau of
Bur. of Seauay
Indian Affairs Fort Peck proMines
Colorado
Dev.
ject, Mont. 12/ R. fund 20/ 21/
Corp.
Intragovernmental funds
Interior Dept. Defense Dept.
Tennessee
Valley
Authority
Off.
of the
Secretary
Army
Department 22/
ASSETS
jCash In baoke, on hand, and In transit
Fuid baloncee with the U. S. Treasury
Inreetziente
Public debt securltlee (par value)
:
I
3
,239
Securities of wholly owned Govt, enterprlaee.
Itoamortlzed preiiil\Ai, or discount (-)
Other securities (net)...
•...•
Mvancee to contractors and ^ents;
Govemnent agencies
•.•
Otiiers
•...••
•.*.
Inventories
Allowance for losses.. ........ ......•
Lees:
Accounts and other receivables:
Govemnent agencies
..••.
Others (net)
Loons receivable:
Govemnent agencies
Others
Lees: Allowance for losses
...»
Acquired security or collateiral (net).
Land, structures, and equlinsnt
Lees: AccixmUated depreciation
•
Other assets (net)
Total assets..... •.......•.•.•.•.
1,018
10,91+0
36
23
160
11
6,538
a*
1+60
131
500
500
8
658
69
111,858
36.423
17
37.951
520
84
8,652
22 ,098
12.130
293
14,097
i,2a+
2 ,01+6 ,175
182
77
184,946
7,539
1,236
12 ,088
Ik ,51*2
Accounts and other payables:
Govenment agencies ......•.•.•.....•••.••
Others
Advances frcm:
•
Govenment sgenclee
•.••.....
Others
Trust end deposit liabilities:
Govemnent agenc les •.•.••.......•.••••••
Others
BoDds, debentures, and notes payabls:
Govemnent agencies
•
Others:
Guaranteed by the Ublted States
Hot guaranteed by the Uiited States....
All other llabllitiea (including reserves).
l+l+l
18 ,602
12
2,61+6
7,887
1,207
37.350
83.913
13 ,319
11+.51+8
19,1+29
38,216
2,029,197
673
165 ,291
18
122
33
1+1+0
257
5.595
1.331
312
25 ,982
23
56
830
6,698
281+ ,1+91+
262
80 ,091
1,323
231+
53
29
398
Total liabilities
65
2,010
1
621+
235
_562
9,975
71
22,517
1,236
6,1+16
39,922
150
31.368
300
175
25 ,241
104 ,195
48
4,488
NET IHVElMaiT
Private interest:
Capital stock
Accunulated net lnc(xne, or deficit (-).
Total private interest...... ...........
United States Interest:
Interest-bearing investznent;
Capital stock
Borrowings ticm the U. S. Treasury
Other
Honlntereat-bearlng inveslaaenti
.,•..........•••...
Capital stock
AppropriatlodB ........•....••«.....•.....
Capitallzatian of assets (net)......
Other
Accunulated net iocaiie, or deficit (-)
Deposits of general and special fund revenues (-)
Total United States interest
Total liabilities and inveetasnt
31 ,300
13 ,800
2.381
-1.639
3.085
1.858
964 22/
7,244
13 ,000
11.91+6
1,733.289
1.150
2,891
1+5,51*4
3.355
210,442
2l±/
,5U2
13,151
11+
,150
18.193
31.800
1 .989 .275
523
133 .924
11+ ,51+2
13 ,319
11+, 51+8
19.1+29
38,216
2 .029 ,197
673
165.291
16,181
-1,639
5,907
14,150
14,837
3,355
31.800
7,21+1+
1,778,833
210 ,442
475
48
129,436
4,488
llt,5l|2
13 .151
14 ,150
18.193
31,800
1 ,989 ,275
523
133 ,924
-36
18
-23
86
-500
767
257
-22,098
3,341
-293
23
-14,097
2,153
13,133
14 ,213
18 ,460
32,057
1,970,518
253
121 ,980
lit
ABAiaSIS OF IBTEaMBaT OF TEE ailTH) SMIES
Investanent of liie IMlted States
Acotxnulated net inccoe, or deficit (-)..........
Total investzisnt of the United States Including
interagency Itsms
Interagency itaois:
Due frcCD Govemnent agencies (->)...... ...••...
Due to Govemnent agencies
Total inveetmant of the United States after
exclusioo of Interagency items
Footnotes at end of Table
6.
m,5lt2
(Continued on follcwing page)
72
Treasury Balleti\
^CORPORXnOSS
P3XD
CERTAIK CfTEER BJSVXBSS-TTPE ACTXTITIES.
Section I.- St atements of Financial Condition, December 31, 1956
Table 2.- Public Ent erprlee Funds and Intragovernmental Funds - (Continued)
(In thousands of dollars)
Commerce and housing
Inland Waters
ways Corp.
Promotion of water transportation
Public enterprise funds
Intragoverrunental funds
Commerce Dept.
Treas. Dept. ,Coast Guard
Federal ship
Vessel opermtge. ins. 2^/ ations 2$/
|
ASSETS
Ceah in bankB, on hand, and In totaoBlt. ...... ......
Fund balances with the U. S. 'Qreaaury
11,639
2,239
21,741
Inyee'taiiente:
Public debt securities (par value)
Securttlee of irtiolly owned Gcnrt. enterprlaeo
Uhamortlzed premium, or discount (->)......
Other eecurltiee (net)
AdTancee to contractors and agents;
GoTemnent agencies
Others
Inrentories
Less: Allowance for losses
Accounts and other recelvablea:
Goremnent agencies
Others (net)
•
Loans receivable:
Goveraoent agencies
Others
Less: Allowance for losses
Acquired secixrlty or collateral (net)
Land; structures, and equlpnent
Less
Accimulated deprec latlon. .........«....•
Other assets (net)
182
6,002
2,717
693
7,779
:
12,564
Total aaseta
T.TARTr.TTTTg;
Accounts and other pebbles:
Govenznent agencies
Others
Adrances fran:
Government agencies
Others
Trust and deposit liabilities:
G<77enment agencies
Others
Bcoda, debentxjree, and notes pejable:
Gorensnent agencies
Othere:
Guaranteed by the lilted States
Hot guaranteed by the Uilted States
All other llablUtles (including reserres)
573
Total UablUtiea
578
ygr iHV^JUHfr
Private Interest:
Capital stock
Accizaulated net inccme, or deficit (-)
•
Total pirlvate Interest
Utalted States Interest:
Interest -bearing Investanent:
Capital stock
Borrowings ftxm the U. S. Treaaury
Other
Nonlnte rest -bearing lnveelanent:
Capital etock
Approprlaticna
Capitalisation of assets (net)
15,000
12 ,298
Otiier
Accxinulated net Incane, or deficit (-)
-15,312
Depoelte of gei^ral and special fund revenues (-)
Total United States Interest
Total liabilities and Inve Btnent
AHADfsis OF iByEgaiHfr of the uarrKD states
InvestBkent of the Halted States
Acctmulated net Income, or deficit (-)
Total inveetaaent of the United States including
•
Interagency itams
Interagency Items:
IhiB frcm Gcvennent agencies (-)
Due to Ocrveransnt agencies
Total inves1ai»nt of the tkiltod States after
exclusloo of Interagency Itetme
Footnotes at end of Table
6.
Jii2
12,564
33 .695
War risk
ins. 25/
Canal
Company
Postal service
Supply
fund
Yard
fund
Public ent. fur
P. 0.
Dept.
Postal
fund 26/
April 1957
73
.CORPORATIOBS AHD CXREAH OIBKB BOBIBBSS-TCS ILTI T ITIB .
Section I.- Statements of Financial Condition, December 31, 1956
Table 2.- Public Enterprise Funds and Intragovernmental Funds - (Continued)
(In thousandB of dollars)
Commerce and housing - Public enterprise funds - (Continued)
Community development & facilities
Office of the Administrator
•ublic facil- Public works
planning
ity loans
Other aids to housing
Public housing programs
Housing and Home Finance Agcy.
Urban
Conmiunity
renewal disposal 2Q'/
Veterans
Public
Housing
Administration
'
Admin Housing and Home Finance Agcy.
Direct
loans
Office of the Administrator
veterans
College
loans
201* ,069
11,885
to
Liquidating
programs 29 /
ASSETS
Casta
?\Eid
In l)ezilEe, on hand, and In txvnBlt....
balances with the U. S. Treaauzy...
•.,,
33
3
31*6
11
1,685
,591*
86,263
37
,791*
Inveetansnte
Public debt securities (per value)
Securities of whollor owned Govt, enterprises
Ikuonortlzed premlm, or dlacount (-)......
Other securities (net)
Advances to contractors and agents:
Govemnent agencies
Others
Inrentorles
•.*
•
Less: Allowance for losses. ...•....••.•••.•••...
Accounts and other receivables s
Goveronent agencies
•
Others (net)
Loans receivable:
Govemnent agencies
Others
Less: Allowance for losses.
•.........•
Acquired security or collateral (net)
•.•••.•••.
Land, etructures, and equipment.....
..•.••••••
Less: Accwmlated depreciation.
Other assets (net)
131*
30
1*2
723
,779
1,1*63
105,976
728
572
1*63
1*96
1,265
,781
11*6,756
365
162 ,122
3,171
1*82
513
189 ,119
61,173
15 ,795
131* ,623
363
397
Total assets
152
1,678
912
U9
1*32
11,986
130
,21*0
2,1*08
71*2
221*
21* ,01*1*
1_
668,860
159,51*1
1*15,550
1*61
5,387
2,239
32 ,282
6,561*
3
112
2,077
373 ,375
LiABiirriB
Accounts and other payables:
Govemnent agencies
Others
Advances fron:
Gcrvenmient agenclea
Others
Trust and deposit liabilities:
Govemnent agencies
•
•
Others
Bonds, debenturee, and notes payable:
Govenment agenclea
Others:
Guaranteed by Uie TJblted States
Rot guaranteed by the Uiited States
All other liabilities (including reeorros)
105
1,510
78
885
1*62
Total Uabilltlea
106
1,1*09
500
1*8,000
302
33 ,977
,1*11*
2,1*51
630,900
157,857
12
1*,582
mst IBYE31MHIT
Private Interest:
Capital stock
Accuaulated net Inccne, or deficit (-)
•.••••>.•
Total private Intereet
•
lAllted States Interest:
Interest-bearing Investmant:
..........•.........•.•
Capital atcck
Borrowtics fron the V. S. Treasury
other
Ncnlnterest-bearlng inveslnent:
Capital stock
Approprlatlcne .........•....*.....•..>••••••••
Capltallratlon of assets (net)
Other
•
Accusulated net Inoome, or deficit (-)
Deposits of gei»ral and special fund revenues (-)
1,000
12 ,000
-209
291
Total United States Interest
53,000
11 ,986
157 ,000
1 ,606 ,998
1*67 ,383
270,888
2,1*27
238,013
-76 ,169
-321
-1*19,998
25,51*6
128 ,831
2,106
339 ,399
656,1*46
157 ,090
1*10
159,51*1
1*15,550
157 ,857
-767
-1,106,1*86
-360,1*33
,967~
397
11 ,986
130,21*0
2,1*08
373 ,375
668 ,860
«••
500
-209
12,000
-14
205,000
-76,169
2^-27
-321
759 ,396
-1*19,998
630 ,900
Accumilated net Inoaas, or deficit (-).... ....••...
,51*6
-767
771,1*00
-360,1*33
11 ,986
128,831
2,106
339,399
656,1*1*6
157,090
1*10,967
71*2
221*
1*61
5,387
2,239
112
129,573
2,330
339,707
661 ,833
159,329
1*10,373
Total liabilities and Inveslaent.
AHAUSIS Oy mVKJiMHfr OF THE miTg) aiAIES
InveslziBnt of the TSilted States
Total Investment of the United States including
Interagency iteme
Interagency Itons:
Due frcni Govemnent agencies (-)
Due to GovelTBaent ageiuies.. ...... ..•.•^•••.•.••*
Total Investment of the tjnitad States after
exoluslcn of Interagency Items..
Footnotea at end of Table
6.
•
25
-706
-152
105
396
11 ,986
(Continued on following page)
20/
7^
Treasury Bulu
.COKFQRiOrEOaS AHD CERTAIB OTHER
BOSmESS-THV
Ari lVll lK .
'
'
Section I.- Statements of Financial Condition, December 31, 1956
Table 2,- Public Enterprise Funds and Intregovernmental Funds - (Continued)
{In thousands of dollars)
Conimerce and housing - Public enterprise fund s - ^Cont
Other aids to housing - (Cont.)
Housing and Home Finance Agcy. -(Cent.)
Natl. Mortgage Assoc.
Fed.
Management,
etc.
^
Special asst
functions
Federal
Housing
Administration
Federal Home Loan Bank Board
Federal Savings and Loan Revolving HOLC
Insurance
fund
(liquidated)
Corporation
,
Other aids to business
General
Services
Administration
i2/
ASSETS
317
Cash In ^aoke, on band, and In transit
Fund balancee with the U. S. I^asur?
l.Wl
876
277
23 .997
l,u79
979
3
242
605
5.575
Inreetanenta:
Public debt securities (per value)
Securities of wholly owned Gcrrt, enterprises....,
Uiamortlzed premlun, or dlscoxmt (-)
Other securities (net)
AdTBDces to contractors and agents:
Uovemnent agencies
.•.........•...•.•...•
Others
•••
Inrentories ......•.............•.•....••••.••••
Allowance for losses.. •.•.........
••
Less:
Accounts and other recelrables:
Goremnent agencies
•
Others (net )
Loans receirable:
Gorerment agencies
Others
Loss: Allowance for losaee
Acquired security or collat«ral (net).. ............
Land, structures, and equipment
Less:
Acctmulated depreciation
Other assets (net)
257 ,690
-1 ,466
28
241
6,175
19,615
9,650
2 .H17 ,831
811
12
279
8.358
585
3
5,560
94 a./
171 .801
1*05
2.589
1.496
92.688
228
81
81
214
229
229
13_
2
,702
5.762
769 .739
267 ,082
930
19 .926
35
7.W1
2
662
11.137
10
25
29
249
1.330
11 ,347
9
12
126
67
,1*91*
«
79
10
23.596
216
2
Total assets
462 ,002
14,165
-3 .767
469
22 ,010
605
liabhitibs
Accounts and other payables:
Goverm^ent agencies
Others
Adrancea frcn:
GoTemment agencies
Others
Trust and deposit liabilities:
GcTsmoent agenc ies
Others
B<nd0, debentures, and notes payable:
Gorertuent agencies
Others:
Guaranteed by the lAilted States
Not guaranteed by the Iblted States
All other liabilities (Including reserres)
Total liabilities
69
23
,921*
8
36,033
66,438
475
570,37li
1*3
Wl
622.255
103
1 ,796 ,288
5,080
76,159
580
123 .472
13,341
519
MB
13,397
930
150
477
605
932
Private Interest:
Capital stock
•
Accixnulated net incone, or deficit (-).......•.•.
Total private Interest.................
United States Interest:
Interest-bearing Inveetaent:
Capital stock
•
Borrowlnge fron the U, s. Treasury
Other
Honlnterest-bearlns Investanent:
..•.•.•..•.....
Capital stock
40 ,971
Approprlatlcxis. ..........•...........«.•...••
Capltalltatlcta of assets (net)
Other
Accuaulated net Inccns, or deficit (-)......,....
Dsposlts of general and special fund revenues (-)
Total United States Interast
Total liabilities and Imrestaent
ABAEfSIS OP
17.366 J6/
-6,163
20 ,310
499.012
212 .714 21/
1 ,872 ,1*47
5.659
519 ,322
253 .685
2 ,1*94 ,702
5.762
769 ,739
267 ,082
1 ,796 ,288
76,159
5,080
580
20,310
499,012
212 ,714
17,366
-6,163
1 ,872 ,447
5.659
519 ,322
253 .685
11 ,202
-41 ,625
19,995
-14 .406
38 ,025
19
-12
155
-307
35
1 .850 ,817
5.694
542 ,941
253 .704
143
10.897
11 ,202
930
605
12,134
UWBjmaH' OF TSE MrTH) giAIES
Uhlted States. ........ •.....•«..
Aco\nulated net Inooae, or deficit (-).
Inveel3)ient of the
Total Investment of the Ublted States Including
....•...•.....••..
Interagency Itens
Interagency Iteans:
Due fron Govemaent agencies (-)•••«••••......•.
Due to Govemnent agencies...... ••••••••........
Total Inveelmant of the Iblted States after
exclusion of Interagency Itams
Ibotnotes at end of Table
6.
(Continued on foUcwli^ page)
40.971
2
April 1957
75
.CQRFasiaiioBs AID cbeeeah
oniB boshsss-tir KfawrroR.
Section I.- Statements of Financial Condition, December 31, 1956
Table 2.- Public Enterprise Funds and Intragovernmental Funds - (Continued!
(In thouaands of dollars)
Comjnerce and housing - (Continued)
Other aids to business
-
(Continued)
Public enterprise funds - (Continued)
Small Business Admin.
Treasury Department, Office of the Secretary
Revolving Small defense Fed. Facilfund
ities Corp.
plants
ASSETS
;aah In banks, on hand, and in transit
hsti. balances vith the U. S. Ijreaaury
32
53 ,007
Enreetments
Public debt securities (par value)
Securities of %rtiolly owned Gcnrt, enterprises... ••
Ubamortlzed premlua, or discount (-)
•
Other securities (net),
•.•••
Adrancee to contractors and agents:
Gorermient agenc ies
•••....
«
>•
Others
InrentorieB
•.•.•...•••.
Less: Allonnoe for losses
Aooounta and other recelTables:
Gcrenment agencies
•
Others ( net )
Loans recelTable:
Gcnremaent agenc ies
Others
Less: AUcnranoe for losses
Acquired security or colTatwral (net),. •••... •.••••
Land, structures, and equlpnent
Less: AccismilAted deiireclatlan
Other assets (net).....
Total assets
,.,.
LlABnJTlE
'
Aooounts and other pajablssi
,.
Govemikent agencies
Others
AdTsnoas froa:
OcrrexTOBent aeencles. • .,,,..
•
Others
•..,,
Trust and deposit llablllties:
Coremnent agencies
•
•
•
Others
BondB, debentures, and notes payable:
Gorennent agencies
Others:
Guaranteed by the Uoited Statea
Hot guaranteed by the Uilted States
All other liabilities (including reserres)
•
••
•
•
Total llabilltie
Private interest;
Capital stock
AocuBulated net incone, or deficit (-)
Total private interest
•.,.
•.•.•••
•
Italted States interest:
Interest-bearing InTestaent:
....*
Capital stock
Boo-rovlngs f^tn the U. S. Treasizr?
Other
Hoolntarest-bearlng inreataentl
••
Capital stock. ...,
Approprlaticns ..,•,•,.•••..,....*••••*•••••>•
Capltallxation of aseets (net)
Other
Aociaulated net inocne, or deficit (-)
Depoalta of general and special find rerenuea (-)
Total tAklted States Interest
Total liabilities and inres^ant
AKACTsis OF nnrEnMHrr oy ibe
mmsD
giAiBS
•.•,,••.*••
Inreetaent of the Dblted States
Aeotantlated net Inocns, or deficit (-)•
Total inreetZBent of the Uhited States Including
interagenoy it^oe
•
mterc^ency itensi
•«••
Dos flTB Govement agencies (-).•••..
X>m to OorsnnBnt agenoies,, ••••, ••••••••-••••••
Total Inrestawnt of the Tkilted Statea after
ezolualon of interagency itaae
IbotDOtes at sod of Table
6.
fc3l|
107 ,753
3, SOU
33
2,227
RFC
RFC liq. World
Smaller War
Plants Corp. ^8/ War II assets
Defense prod, guarantees
Atomic
Energy Commn.
Commerce
Dept.
76
Treasury Bulleth.\
.coRPaRAfnoas aid cxreah oiher bobxhess-tzk
Mxivisas.
Section I.- Statements of Financial Condition, December 31, 1956
Table 2.- Public ^terprise Funds and Intragovernmental Funds - (Continued)
(In thousaxids of doll&ra)
Commerce and housing - (Continued)
Other aids to business - (Continued)
Public enterprise funds - (Continued)
Reg. com. & fin.
Intragovt . fund
Defense production guarantees - (Cent.) Commerce Dept.
Air Force
Dept.
Army
Navy
Dept.
Dept.
GSA
Working
capital fund
Civil defense
Public enterprise funds
Treas. Dept.
Health, Education, Federal Civil
and Welfare
Defense Admin^ Office of the
Dept. 32/
Secretary U-l/
ASSETS
Caah In bsnks, on hand, and In tavnelt........... ..
FiAd balances vlth the U. S . Treasury. .............
102
32
3,637
2,688
7,628
3,71*9
192
1(59
1(,731
1(70
17
683
Investanents
Public debt securities (par value),. •.....•, .....
Securities of wholly owned Gcrrt. enterprleee. ....
Uhamortlzed premltm, or discount (**)..
••
Other eecurltlee (net)
AdTanoes to contractors and agents;
G<7Tenment agenc les
Others
•
Inrentorlee
Less: ALltwance for loeaes...
Accounts and other recelvablss:
Govemnent agencies
Others (net)
Loans receivable;
Guve iTment agencies
Others
Less: Allowance for losses.
Acquired security or collftt«ral (net)..............
Land, atructures, and equlpaent.
Less; Acctnmlated depo^eclatloci.
Other assets (net)...........
Total aaseta
50
118
177
1(2
939
3,210
2,215
1,302
173
181
77
771
1,139
1(07
2
9,576
5,931*
9,81(3
3,791
5,1(31
1,312
LIABmrTB
Accounts and other payables:
Govermbent agencies
Others
Advances trcai
Gcvenment agencies ............•.....•....*..
Others
Trust and deposit liabilities:
Goremnent agencies
Others
Bonds, debentures, and notes payable:
Gorezment agencies..............................
Others:
Guaranteed by the tftilted States
Hot guaranteed by the Ikxlted Statee ............
All other llabllltlee (Including reserves)
1(31
113
2,375
188
1,000
Total liabllltiss
2,375
301
1(31
HBT mVJiJlMHIT
Private Interest;
Capital stock
Accunulated net Inccoe, or deficit (-).••....•••.
Total private Interest
..•.....•..••...•
umted States
Interest:
Intterest-bearlng Inveatoent:
Capital stock
Borrcwinga tixm the U. S, Treasury
Other
Ooolnterest-bearlng Inreslnentl
••.
Capital stock
Approprlatlcue. ................................
Capitalization of assets (net). ................
Other
Accuoulated net Income, or deficit (-).
Depoelte of geiwral end special fimd revenues (-)
1,130
175
100
5,000
21(9
9,576
k,9%
7,1(68
3,791
235
663
169
Total United States lnt«rest
9,576
7,1(68
3.791
581(
838
5,000
1.299
Total liabilities and Investasnt
9,576
5,93"*
9,81(3
3,791
771
1,139
5A31
1.312
31(9
1(,93'(
7A68
3.791
235
175
663
5,000
9.576
1,130
169
9,576
l(,93l(
7,1(68
3.791
581(
838
1,000
2.375
5,934
9.81(3
AHAEfsis OF nnrromHiT of tse oirra)
snaas
Investeent of the Tftilted States ......•..•*......•.•
Acomulated net Inooae, or deficit (-).............
Total Inrestoant of the Oilted States Including
Interagency Items .................................
Interagency Items;
Due from Govemasnt agencies (-)
Due to Govermnnt agencies
Total Inves^Dsnt of the T:bilted Stataa after
exclusion of intere^enoy Iteme
•.......•...•..
Footnotes at end of Table
6.
-227
9,576
3.791
(Continued on follovli^ paee)
357
1,299
-17
U31
838
5.1(1K
1.3U
April i957
11
.COEPOR^nOIS AMD CKFttAIN OCDER BOSHOESS-TIIl JCTIVITIBSSection I.- Statements of Financial Condition, December 31, 1956
Table 2.- Public Enterprise Funds and Intragovernmental Funds - (Continued)
(In thousands of dollars)
Commerce and
housing - (Cont.)
Disaster loans
Pub, ent.
fund
Small Business
Administration
ASSETS
I
^aah In tiBcke, on hand, and In transit
balances with the U. S. Treaaury
^d
pnreatztiente:
Public debt securltlee (par value)
Securities of irtiolly owned Govt, enterprlaoe
Ukumortlzed premlim, or discount (-)
Other securltlee (net)
i|UTancee to contractors end agents:
I
'
j
j
HoTerment agencies
'
O'^era
•••
,.
I
jCDTentorles
Allowance for loeaea
Lees:
iHcoounts and other receivables:
acnremnent agencies
Others (net)
ioane receivable:
Oovemoent agencies
111
,
j
Others
Lesa: Allowance for losses
Acquired 8ecurlt7 or collateral (net).
:>ndf structures, and equl:fn0nt
Less :
Accumila'ced deprec latlon
Other aseets (net)
iTotal
7
...••
assets
LIABILITIES
I
and other payables:
Oovemment ogenclee
Others
Advances frco:
(rovemment agenclea
Others
JTruat and deposit liabilities:
GovezTsnent agenc ies ..••
•
Others
BcDds, debentures, and notes paj«ble:
OoTeznment agencies
Others:
Guaranteed b; the Uiilted States
Not guaranteed by the Iftilted States
^All otlier liabilities (including reserves)
liU^oounta
ICotal
llablUtle
MET
IflViiJiMBffr
(Private Interest;
Capital stock
•
Accunulated net Incccie, or deficit (-)
i
Total private Interest
lUnlted States Interest:
Interest -bearing Invealaent:
Capital stock
Borrowings froa the U. S. Trsaaury
Other
Nacilnterest-beax>lQg Investzoent:
I
l|
Capital stock
Approprlatlcna
Capitalisation of assets (net)..
Other
Accitaulated net Incone, or deficit (-)
Deposits of general and special fmid revenues (-)
Total United States interest
T otal liabilities and Inve stanent
AHAEfSIS OF IBVEgiMEBT OF TSE IMTrSD STATES
tiie Uhlted States
Accunulated net Incocie, or deficit (-)
lavostanent of
Total InvestzDent of the Ifiilted States lncludlj::g
Interageocj Itame
Interagency items:
Due frcm Govemnent agenclea (-)
Due to Govertnoent agencies. ...... ...••••.•>••••
ITotal Investaaent of the Oolted States after
excluslcn of Interagency Items
iFootnotes at end of Table 6.
«
General government
I^lblic enterprise funds
General Services Admin.
Public
buildings
Lafayette Bldg.
Washington, D.C.
w
Interior Department
Office of Territories
Loans
Virgin Islands Corp.
Treasur:/ Department
Bur. of Accounts
Government losse;
in shipment
Treas. of U.S.
Check forgery
insurance ftmd
7«
Treasury
.CORFQRiKnoaB AHD CERTAIH OIBEB EDSIHBSS-TXR fCTIVTnXS.
Section I.- Statements of Financial Condition, December 31, 1956
Table 2.- Public Enterprise Funds and Intragovernmental Funds - (Continued)
(In thousands of dollars)
General govermnent - (Continued)
Intragovernmental funds
Civil Service
Comnission
Investigations
General Services Administration
Buildings
management
fund
Construction General
services
supply
public bldgs. fund
Legislative Branch
Working
capital
fund
Government
Printing
Office
ASSETS
Cash In hanke, on hand, and in transit
Fund balances with the U. S. "Treaeury
1,017
3,698
10,055
236
12,655
189
5,31*5
Inveetsnents
Public debt securities (par value}...............
Securities of vhoUor owned Govt, enterprises
Ubamortised premlisn, or diecount (-).....•...•...
Other securities (net).........
•.......•••..
Advances to contractors and agents:
Gavemnsnt agencies
Others
Inrentoriee...
•.•..•.....••.•...
Less: Allowance for losses. ...•.•••..••.•. ......
Accounts and other recelTablas:
Govemnent sgenciee
Others (net)
Loans receivable:
Goveiment agencies
Others
Less: Allowance for losses
Acquired security or collateral (net)
Land, strictures, and equipment. .•..,,. •..,•.......
Less: Accianulated depreciation.... .••••.•. ......
Other assets (net). ..................... ...........
Total aaseta
13
10
11 ,688
31 ,972
51*
23
36,819
302
67
13 ,205
113
6,698
2,001
180
79
26,61*2
9,671*
58
189
1
8,972
199
133
,1*32
281
2,952
1,183
351
5,361
32,981
1*36
86,1*62
1*11
60,21*0
80
875
8,285
5
59
1,300
12,077
18
33
1*,831
9,203
1*2
5145
159
7_
LIABILrriBS
Accoimts and other payables:
Govenment egencles ••......•...•.•.•.•.•••...•..•
Others
Advances frcm:
Gcrvemment agenc ies...... ............ ............
OtlierB
581
8,939
61*
•
Trust and deposit liabilities:
Govensoent agencies.
Others
BoDda, debenturee, and notes payable:
Goremment agencies
Others:
Guaranteed by the IMlted States ................
Hot guaranteed by the Ublted Statee.....
All other liabilities (Including reserves)
Total UabUltisB
itgr
201*
1,168
78
673
5,769
21*8
151
62
l*,29l*
1,335
23 ,867
312
22,791*
155
11,291
U,000
3,500
U,618
62,000
2,023
195
iwvjMiMHfr
Private Intereet:
Capital stock
••*•«.«
Accumilated net income, or deficit (-).•.*••.•.•.
..•.•...•••••...•.•
Total solvate interest.
united States interest:
Interest-bearing Invaslzient:
Capital stock
BorrovlnEs fraa the U. S. Treasury
other
NoDlnterest-bearlng lnvesl3nsnt:
Capital stock
•
Appropcrlatlcna
CapltallBation of assets (net)
Other
Acounulated net Inocme, or deficit (')...........
Deposits of general and special fund revemss (-)
Total United States Interest.....................
Total liabilities and inrestaent
AHAgSIS
996
-355
121*
1,000
1*3
,505
1* ,1*1*1*
l|,026
9, lit
121*
63,668
256
1*8,91*9
5,361
32,981
1*36
86A62
1*11
60,21*0
1*,000
8,118
996
121*
OF IBVJHIMJgn' OF TgE TBITSD STATES
lavaattnent of the %lted States
AcoxiBulated net Inoone, or deficit (-).............
Total inreetiunt of the Oilted States Including
interagency iteos ....•..•........•.•..•.•>«.....•
Intereesncy Itcnia:
Due frca Govemasnt agencies (-).................
Due to GovenuBnt agencies,... ....... ............
Total lnvasl3BBnt of the United States after
ejcclusloo of Interagency Itasui
Footnote
26
50
at end of Table
6.
26
,023
21*5
V*,505
-355
11
1* ,1*1*1*
61*
1*,026
9,111*
121*
63,668
256
1*8,91*9
-1,151
80
-8,985
-199
9,811*
5
-36,829
10,503
-67
60
-13 ,205
1,372
2,955
9,91*3
37,31*2
21*9
37 ,116
Bulk
1
April i957
80
Treasury Bullet^
.COBPQRMnoaS AHD CaCRTAIH OTHER BDSIHBSS-TCT iCTIVTnXS.
Section I.- St atemente of Financial Condition, December 31, 1956
Table 3.- Certain Other Activities - (Continued)
(In thousands of dollars)
Labor and welfare
(Continued)
Agriculture and
agricultural resources
Agriculture Department
HEW
Selective
Service
System
Department
Office of
Education
^
Farmers'
Home
Administration
Natural resources
Interior Department
Electrification
Administration
Ftural
Office of the Secretary
Southeastern
Power Administration
Southwestern
Power Administration
ASSHTS
Cash in bai^ks, on hand, emd in transit...,..,,.,.,.
Fund balances with the U, S. Ibreaaury ...... ,
57
20 ,729
119 ,064
1,951
13,677
2,576
12.594
InyoataQontB
Public debt eecurltlee ( par value )..,
Securities of wholly owned Govt, enterprleee
ITn wnortited preml\xa,
or diacoxmt (-)..
Other eecurlties (net)...
,,,
,.,,,.,
Advancee to contractors and agente:
Govemnent agenc ies.,,,,,,,,.,,
,...,,,,..•
Otiiere
Total aseete
2
33
,
iDrentoriee ,
,,,,,,.,.,«
..,,.,•,,,,,
Less:
Allowance for lessee,,,
•,.•..,.,,,,•,
Accounts and other recelvablea:
Govemnant agencies ,,,,,
•...,.....•
Others (net) .....,,,.,,
•,•.,...,,,..
Loans receivable:
Govemnent agencies
•,,,,,,,,,,,•,•,•
Others
..•.,,,,,,•.,.•,•,
Lees: Allowance for losses
,,,,,,,,,.,,,
Acquired security or collateral (net)
Land, structurea, and equlimont
Less:
AccunulAted depreciation
Other assets ( net) •...•...,
•
,,,,,
•,,,•,,,,
,,,,,
98
1
419
120
924
22
1.017
639
639
76
26
277
23.731
3.042
692,075
2.621,351
3.946
34,751
2.136
1,577
452
865
791
9
829
791
253
14
5,125
6
2,936
3,197
774
216,633
2,424,909
434 ,199
438 ,047
251.308
43
18 ,072
189
636,296
83,059
915
2,400
2,279
5,1(96
123 .945
2A88.215
6,535
530
26,227
741
9_
LIABIUrilS
Accounts and other payables:
Govemuent agencies
,..,,,,,,.,,,
,,
Others
Advances fraa:
Govenraent agencies. ,,,,.. •.•...,.•.,
,
,
Othere .....,...,.,,,
, ,..,,,, ,,,,,,,
Trxiat and depoeit liabilities:
Gcvemaent agenc lee,....
•.•.•.,..,,...•.•.,,
Others
BcDda, debentures, aild notes payable:
Govensnent agencies
,,,,,,,.,
Othere:
Guaranteed by the Uilted States
Hot guaranteed by t^ Uilted States
All other liabilities (Including reserves)
Total llabilltleB
55
125
6,121
155
WBT XNVJb'iMBIT
Private Intereat:
Capital stock
Aocuaulated net Inconie, or deflolt (-)
Total FQi^vate interest
United States Intereet:
Interest-bearing Inveetaent:
,...,
Capital stock
,.,,,..,.,
Borrowli^e froa the U, S, Treasury
Other
Monlnt^reet-bearlng Inveotnent:
,.
Capital etock,
.,,.,.,,
Approprlatlone
,.,... ..,,,., ......
Capltalltatlcsi of assets (net )......
Other
Accuaulated net Inccrae, or deficit (-)
Depoelts of general and special fund revenues (-)
85 ,377
AHAEfSIS OF IBVBjmiMr OF TgE
Total investzuent of the United States Includli^
interagency itemfi
,......
Interagency Items:
Due fjxin Govemnent agencies {-).,,,
Due to Govemnent agencies ..•.•.•,,,,...•.,,,,,••
Total invesl3BBnt of the United States after
exclueicn of interagency Items
6.
-149,431
-250,570
-54,081
-1.559
2/
28,363
268
3,220 8/
12,518
-15.738
741
688,878
2,620.577
3.792
28 ,630
741
692,075
2,621,351
3.946
34.751
90,873
-67,583
833
-93
838,309
-149,431
2,674.658
-54.081
-38,937
42,729
16,113
12 .518
23,291
74:
688,878
2,620,577
3,792
28,630
-43
829
-1
308
-120
-22
9
5.125
689.664
2 ,620 ,884
3,681
33 .733
WirBD SLPHES
•,•.•-*,,,•••
Inveet2&ent of the Iftilted States.,
•
Accunulated net inoone, or deficit (-).•...,
Footnotes at end of Table
-93
6,811
29
-214
42 ,729
-45.563
26,227
Total United States Interest
Total liabilities and Investaent
833
5,496
24,082
741
(Continued on follcnrli^ page)
April 1957
81
-CORPORATIOHS AND CKRTAIK OTHER BDSIHESS-TTHE AUi lVX i UiS.
'
'
'
Section 1.- Sta tements of Financial Condition , December 31, 1956
Table 3
Certain Other Activities - (Continued)
(In thousands of dollars}
«2
Treasury Ballethi
^oowoRkrjoas ahd csrtaiv other BosmEss-amv Acnvrrues ,
Section !•- Statements of Financial Condition, December 31, 1956
Table 3.- Certain Other Activities - (Continued)
(In thousands of dollara)
Commerce and housing - (Cent.)
Other
aids to
business
Small
Business
Administration
Regulation of
commerce and
finance
Federal
C ommuni ca ti ons
Commission
General government
Canal
Zone
Government
Civil
Service
Commission
11/
General
Services
Administration
Justice
Department
Immigration and
Naturalization
Service
12/
ASSETS
Caah In ^anke, on >iand, end In t]:«nelt
fHmd balances with the U. S. Treaeury
,...
1
7,756
129
13,460
23
29,937
11,383
180,999
19
62
10,033
28
21,609
53
8,071
69,290
14
186
1,214,806
16 ,263
Inveetsnents
Public debt securities (par value)
Securities of wholly owned Govt, enterprises
Ukumortlzed premlim, or discount (-)
•
Other securities (net)
•.....•
Mvancee to contractors and ^ante:
GoTemoent agencies
......>.•
...•
6,750
72
OtlierB
Inventories.
Lees:
Allowance for losses
.....•.•.•.
Acoounta and other receivables:
Govenment agencies
Others (net).
Loans receivable:
Govemnent agencies
Others
Leas : Allowance for loaees ....................
Acquired eecurlty or collateral (net)
•
Land, structures, and equlpraent
......•••.....
Less: Accixoulated depreclatlcn
Other asaeta (net).........
107
323
U.623
Total asaeta
386
2,052
269
3,071*
43,006
14,550
1,202
1,084
65,543
3.665
11,232
52A26
14,724
1,570,451
50 .140
.238
4,011
696
341
74S
7,637
3,352
IOC
6,730
1,283
42
1,991
7,689
L2,026
2,413
15,540
512
10,662
29,631
107
10 ,083
2,171
LIABILiTUai
Accounts and ottaar payables:
Govenment agencies
Others
Advances frcm:
Govenment egenc lea.. .•...•.•...•.«..
Othera
Trust and deposit liabilities:
Govenment agenciea
Others
Beads, debentures, and notee payable:
Govennnsnt agenciea
Othera:
Guaranteed by t^ IKilted States
Hot guaranteed by the Ikilted States ............
All other liabilities (including reserres)
2,196
Totia liabilitlee
3,112
Mgr
91)
576
232
13
It
590
1,573
3,665
5,912
5,252
ijjvjfc?iMEiTr
Private interest:
Capital stock
Accunulated net income, or defioit (-)
Total private interest
United States interest;
Interest-bearing investaaent:
Capital stock
Borrowli^s frcm the U. S. Treaeury
Other
Bodntereat-bearing inveslment:
Capital stock. .......•.•...•.....••••..........
ApproprlatloQB. ................................
Capitalization of aasets (net)
Other
Accuoulated net Inccoe, or deficit (-)...........
Depoelts of general and special fimd revenues (-)
1,181
3,031
330
28,571
1,554,911
2,228
16,317
Total United States Interest
1,511
3,51*3
40,400
12,311
1,554,911
44,889
Total liabilities and Inveslaent
lt,623
11,232
52,426
14,724
1,570,451
50,140
1.511
3.543
40,400
12,311
1,554,911
44,889
1,511
3,543
40,400
12 ,311
1.554.911
44,889
-2,052
4,011
-5
1.624
-18.104
326
-386
3,352
-14
1,578
1,837
6,509
42,359
13.930
1,536,807
46,453
AHADfSIS OT IWTEgiMBra OF THE
aHTKD STATES
Xnveal3Dent of the Uhited State*
Acctmulated net incccoe, or deficit (-).............
Total investment of the United States incliidlne
interagency items
Interagency iteaaa:
Due rrcm Government agenciea (-). .......... ......
Due to Govenaoent agencies. ....... ...............
Total inveetjnont of the United States after
excluslcn of interagency Items
Tbotnotea at
eoid
of Table
6.
April
m7
«3
.CORFQRAnoaS
iUID
CERTAIH OTHER BDSHIESS-Tira ICSXTSSISS.
Section I.- Statements of Financial Condition, December 31, 1956
Table 4.- Certain Deposit Funds
(In thousands of dollars)
Farm
Credit
Administration
Banks
for
cooperatives
ASSETS
Cash In hanks, on hand, and in tranfilt... .•••••
Fwid balances vltfa the U. S. Treasuzy
Inrestznenta
Public' debt securities (par Talus)
Securities of wholly ovned Govt, enterprises.
Ibamortlsed premlisn, or discount (-)
Other securitlee (net)
Mvances to contractors and agents:
Goremnent agenc lea
Others
Inrentorid 8
•
Less; Allovance for losses
Acoounta and other receivables:
Gorenment agencies
Othere (net)
,.
Loans receivable:
Goverrment agenc les. •...•.•...•...•. •.•••...•
Others
Iabs: Allowance for losses.......... •...•.
ApqulJ«d security or collateral (net)
Land, structures, and equl^nent
Less: Accumulated depreciatloQ.. ...... «.«...
Other assets (net).....
Total aasete
•••
•
73 ,039
21,996
2,892,173
28,501
297
1*2
M3
3,1*00
-5,899
225
1*,700
70
12
12
19A66
1*,951
1,687,807
5,397
1*57,103
1*
3,201
731*
731*
1*16
1*16
338
338
8,71*7
1*,351
,700 ,925
535,511*
772
16,817
2,362
LiABmriE
Aocounts and other payables:
Government agencies ......................
Others
Advances fraa:
Govensnent agencies
71*9
0-Ulers
Trust and deposit liablUtles:
Goreranent agenc lee
Others
Bcods, debentures, and notes payable:
Goverament agencies ......••.•••.•........
Others:
Guarsnteed by the Iftllted States
Not gijaranteed by the Uilted States....
All other llabllltiee (Including reserves).
166
683 ,806
3
110
13 ,950
13,950
1,219,950
101*
,287
Total Uabilltiea
Private interest:
Capital stock
••••..
•..
Accuaulated net Incone, or deficit (-).
Total private Interest.
Itaited States interest;
Interest-bearing investznent;
Capital stock
Borrowings trcm the V. S. Treasury
Other
>
BoQlntereat-bearlng ioveatanent:
Capital stock
Approprlatlcns... ........•............«•.«..
••
CapitaUzation of asseta (net)
Other
(-)...........
deficit
net
Inocoe,
or
Acc\iauLated
Qepoeits of general and special fund revenues (-)
Total United States Interest.
Total liabilities and Investeent.
11*7,311*
1,829,900
1,977,211*
I*
,700 ,92 5
Sk
.
COEPORATIONS AND CERTAIN OTHER BUSIMESS-TTfPE ACTIVITIES.
Section I.- Statements of Financial Condition, December 31, 1956
Table 5.- Certain Trust Revolving Funds
(In thousands of dollars)
April 1957
«5
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYTE ACT XVXTIES.
Section I.- Statements of Financial Condition, December 31, 1956
Table 5.- Certain Trust Revolving Funds - (Continued)
(In thousands of dollars)
'
Accoiint
Treasury Bulk\
86
.
COHPORATIONS AHD CKRTAIN OTHER BUSHtESS-TYEE ACTIVITIES.
Section I.- Statements of Financial Condition, December 31, 1056
Table 6.- Gross Loans Outstanding, Excluding Interagency Loans, Classified by Type of Loan
(In thousands of dollars)
Total
Type of loan and lending agency
To aid agriculturei
Loans to agricultural credit corporations:
Federal intermediate credit banks
Loans to cooperative associations:
Fanners' Home Administration
Rural Electrification Administration
Crop* livestock, and commodity loanai
Commodity Credit Corporation
Disaster loans, etc., revolving fund
Farmers' Home Administration
Virgin Islands Corporation
Storage facility and equipment loans:
Comnodity Credit Corporation
F&rm mortgage loans:
Flumers Hoise Administration
Farm tenant mortgage insurance fund
Guaranteed loans held by lending agencies:
Commodity Credit Corporation
Other loans:
Farmers' Home Administration
'
733»6U6
8,7U9
2,W8^5
,
,
Total to aid agriculture.
To aid home owners:
Mortgage loans:
Federal National Mortgage Association:
Management and liquidating functions.,,.
Special assistance functions
Housing and Home Finance Administrator:
Community disposal operations fund
Revolving fund (liquidating programs)...
Veterans' Administration:
Direct loans to veterans
Other loans:
Housing and Home Finance Administrator:
Community disposal operations fund
Veterans' Administration:
Direct loans to veterans
Total to aid home, owners
M-62,777
l.OOl*
3, 031, 551V
To aid Indus 1 17-1
Loons to railroads:
Defense production e:q3anaion:
Treasury Department
Other purposes:
Reconstruction Finance Corporation (in
liquidation)
Treasury Departments
Miscellaneous loans and certain other
assets
Ship mortgage loans:
Commerce Department:
Regular maritime actlvltiee
Other loans:
Defense production expansion:
Interior Department
Treasury Department
Defense production guarantees:
Air Force Department
Army Department
Navy Department
Other purposes:
Army Department:
Guaranteed loans (World Uir II)
Housing and Home Finance Admlnifftz«tori
Revolving fund (liquidating programs)
Twlawri Waterways Corporation
Reconstruction Finance Corporation (in
liquidation)
Sball Business Administration
Sknaller War Plants Corporation (in
liquidation)
Treasury Department:
Civil defense loans
Miscellaneous loans and certain other
assets
Virgin Islands Corporation
Total to aid industry
Footnote at end of table.
1,706
8,762
2,052
219,253
15 ,835
176,856
<
939
3.210
2,215
5,0»f8
Public enterprise
fluids and intragovemmental funds
733
,^6
Certain other
activities
i^L4priJ
n
19^7
.CORPORATIONS AHD CERTAIN OTHER BOSDCESS-TYFE ACTIVITIES,
Section I.- Statements of Financial Condition, December 31, 1Q56
Table 6.- Gross Loans Outstanding, Excluding Interagency Loans, Classified by Type of Loan
(In thousands of dollars)
Type of loan and lending agency
To aid Statesi Territorleai etc.;
General Services Administrationt
Public Works Administration (in liquidation)
Housing and Home Finance Administrator:
Public facility loans
Revolving fund (liquidating programs)
Urban renewal fund
Inland Waterways Corporation
Public Housing Administration
Reconstruction Finance Corporation (in liquidation)
82,650
1*9
I* .285
112,779
23
105 .976
»t.698
Treasury Department:
Miscellaneous loana and certain other assets
5,523
Total to aid States, Territories, etc
21+5 ,983
To aid financial institutionss
""loans to banks:
Reconstruction Finance Corporation (in liquidation)
Foreign loans:
Guaranteed loana held by lending agenciess
Export- Import Bank of Washington
Other loans:
Defense production expansion;
Export- Import Bank of feshington
Other purposes:
Commerce Department;
Regular maritime activities
Export- Import Bank of Washington:
Regular lending activities
Liquidation of certain RFC assets
International Cooperation Administration,.
Treasury Department:
Miscellaneous loans and certain other
assets
Total foreign loans
30,881+
38,223
57,197
,
,
,
,
,
,
,
,
,
,
Total other loans
2 ,605 ,139
27,125
1,991+ ,590
Other loans;
Federal National Mortgage Association:
Management and liquidating functions
Health* Education, and Welfare Department:
Office of Education;
Loans to students
Housing and Home Finance Administrator:
College housing loana
Revolving fund (liquidating programs)
Interior Department:
Bureau of Indian Affairs;
Revolving fund for loans
Office of Territories;
Loana to private trading enterprises
Small Business Administiration:
Lending operations
Liquidation of RFC disaster loans
Treasury Department:
Miscellaneous loans and certain other assets,
Veterans' Administrations
Service-disabled veterans* insurance fund....
Soldiers' and sailors' civil relief
Vocational rehabilitation
Total loans
1^,779
3 J+70 ,322
8 ,223 ,U80
D+6
551
11|6,756
8,925
(Continued)
Treasury Balletiti
ss
-CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIYITIES.
Footnotes to Table 2
i
2/
10/
12/
ik/
i6/
iZ/
iS/
12/
20/
21/
22/
21/
at/
Defense Minerals Exploration Adminiatretion,
Figures are as of September 30, 1956, the latest available.
Represents net appropriations, capitalization of assets, and
accumulated net income or deficit. Figures representing each
of the three amounts are not available.
Foreign investment guaranty fund.
Informational media guaranty fund.
Administrative expanses, foreign aid procurements.
Rental, maintenance, and repair of qiiarters.
Soldiers' and sailors' civil relief.
Includes $30,881+ thousand guaranteed loans held by lending
agencies.
Represents net accoxintability of the United States Government in
certain assets and liabilities transferred from the Reconstruction
Finance Corporation, effective July 1, 195^+.
Service-disabled veterans' insurance fund.
Operation of commissaries, narcotic hospitals.
Farm labor supply revolving fund.
Working capital fund.
Office of the Secretary, working capital fund.
Farm tenant mortgage insurance fund.
Fisheries loan fund.
Includes guaranteed loans and certificates of interest aggregating
$791,271 thousand which are held by lending agencies.
Continuing fund for emergency expenses. Fort Peck project,
Montana,
Upper Colorado River Basin fund.
Development and operation of helium properties, Bureau of Mines.
Corps of Engineers revolving fund.
Includes net accrued interest of $937 thousand on investment in
power facilities.
Consists of net income from power operations of $381,902 thousand
and net expense of nonrevenue-producing programs of $171 ,U60
thousand.
7^
26/
27/
28/
29/
30/
31/
32/
33/
3U/
"^^f
36/
37/
j8/
J2/
U-O/
t£l/
\2/
1;3/
UU/
Us/
46/
»
^britime activities revolving fund.
Figures are as of January 11, 1957,
Figures are shown on an estimated basis.
Community disposal operations fund.
Revolving fund.
Includes assets transferred to municipalities and Government
agencies without reimbursement.
Management and liquidating functions,
Abaca fiber program,
Office of Territories, Alaska Railroad revolving fund.
Includes unrealized purchase discounts amounting to $92 thousand.
Represents invested and donated capital.
Represents net investment of the United States Government
transferred from the Reconstruction Finance Corpoi-atlon,
effective July 1, 195U.
The surplus is considered by the Corporation as available for
future insurance losses and related expenses with respect to
insured institutions.
This Corporation is in liquidation.
Social Security Administration, Bureau of Federal Credit Unions
operating fluid.
Civil defense procurement fund,
Civil defense loan program.
Liquidation of Reconstruction Finance Corporation disaster loans,
Costs of maintenance, repair, etc., of improvements, public
buildings.
Maintenance, etc., Lafayette Building, Washington, D. C.
public bxjildings.
Trust Territory of the Pacific Islands, loans to private trading
enterprises.
Includes $5,050 thousand advanced from a revolving fund iirtlich
has been established by appropriations,
Less than $500.
Footnotes to Table 3
!^
!L^
Certain other activities included in this table on a fiscal year
basis in the December 1956 Bulletin are not included as of
December 31, 1956, because they are not submitting statements on
a quarterly basis at the present time.
Guaranteed loans (World War II).
Includes stock of the International Bank for Reconstruction and
Development amounting to $635jOOO thousand and subscription to
the International Monetary Fund amoimting to $2,750,000 thousand.
Includes $1,000,000 thousand due under the agreement with GermanjFebruary 27, 1953, and lend-lease and surplus property balances
due the United States in the principal amount of $2,ll4-jl70
thousand.
Includes loan to the United Kingdom amounting to $3,1+70,322
thousand.
6/
2/
8/
2/
10/
11/
12/
*
Loans to students (in liquidation).
Represents funds retximed to the United States Treasury from
sale of capital assets.
Represents interest on invested capital.
Public Works Administration (in liquidation).
Includes vessels owned and imder construction.
Represents assets and liabilities of the United States Civil
Service Conradsslon, exclusive of trust and revolving funds.
Represents assets and liabilities of the General Services
Administration, exclusive of trust and revolving funds, and
strategic and critical materials,
Less than $500.
April
im
&9
.CUMULATIVE TABI£ OF CGNTEMTS,
May 1966 through April 1957
IseuB and page mmtber
1956
Ma;
July
Aug.
1957
Sept.
Oct.
Jan.
Mar.
Reporting baeee
Artlclea;
Treasury financing operatlona
Summary of Federal fiscal operations
Budget receipts and expenditures:
,
Rece Ipta by prlnc Ipal eourcee
Expend Ituree by najor functions
Expenditures for major national security
Expenditures by agencies
Expenditures by functions, fiscal years 1953 to date
Trust account and other transactlone:
Sunmary of tr ost account and other trbnsactlona
Trust account receipts
Trust and deposit fund account expenditures
Net Investment by Coveminent agencies In public debt securities...
Net redemption or sale of obligations of Govenment agencies In
the narket
Federal Old-Age and Survivors Insurance Trust Fund
Unemployment Trust Fund
Railroad Retirement Account
National Service Life Insurance Fund
Investments of specified tx*ust accounts In public debt securities,
by Issues (latest date December 31, 1956),.,
5
6
6
5
6
6
6
7
7
7
8
8
8
9
10
11
11
9
9
10
11
10
11
9
10
11
12
12
12
12
12
12
13
Cash income and outgo:
Summary of Feaeral Government cash transactions with the public...
Summary of cash tranasctlons through Treasurer's account
Derivation of Federal receipts from the public, and reconciliation
to cash deposits In Treasurer's account
Derivation of Federal payments to the public, and reconciliation
to cash wlthdrawaJs from Treasurer's account
,
Intragovemmental transactions
Accrued Interest and other noncatih expenditures
Derivation of Federal net cash debt tranaactlons with the public,
and reconciliation to tranasctlons through Treasurer's account....
,
,
lU
lU
10
10
10
10
15
15
11
11
11
11
12
13
13
12
IJ
16
15
15
16
16
11
u
12
12
12
12
17
13
19
19
15
15
16
16
17
15
15
16
16
17
20
20
21
21
22
13
18
23
19
19
2l4
2li
20
20
26
22
22
25
27
16
17
17
15
15
U
U
11
11
12
13
13
12
13
13
16
13
18
16
17
17
15
15
11
11
16
18
16
12
17
17
13
13
18
Debt outstanding and Treasurer's account:
Stamnary of Federal securities
Interest-bearing public debt
,
Special Issues to U. S. GoTernoent Investment accounts
Computed Interest charge and rate on Federal securities
Treaa\zry holdings of securities Issiied by Government agencies
Status of the account of the Treasurer of the Ublted States
,
,
,
,
Statutory debt limitation
20
20
21
22
23
16
16
17
17
18
19
16
16
17
17
20
20
21
21
16
16
17
17
18
19
22
23
18
19
17
17
18
19
25
27
21
21
23
20
20
21
21
15
16
17
17
22
23
18
19
23
25
27
21
23
16
1/5
alt
Debt operations:
Maturity schedule of Interest -bearing public marketable securities
issued by the U. S. Government
Offerings of Treasury bills
Offerings of marketable Issues of Treasury bonds, notes, and
certificates of indebtedness
Allotments by investor clasaes on subscriptions for marketable
Issues of Treasury bonds, notee, and certificates of indebtedness.
Disposition of matured marketable Issues of Treasury bonds, notee,
and certificates of Indebtedness
21
23
21
23
27
23
23
28
21.
2U
28
2li
2U
28
21.
29
25
25
30
26
26
30
26
26
30
26
30
26
26
31
27
27
31
27
27
31
27
32
32
33
35
36
28
28
29
28
28
29
31
33
33
29
29
30
29
29
30
33
33
29
29
30
29
29
30
33
33
29
29
30
36
32
32
36
37
32
32
37
37
32
3a
United States savings bonds:
Cu&ulatlTs sales and redemptions by series
Sales and redemptions by periods, all series combined
Sales and redemptions t^ periods. Series E through K
Redemptions of matured and unmatured bonds
Sales and redemptions by denominations, Series E and B combined.
Sales by States, Series £ and E ccmbined
31
37
38
Treasury savings notes:
Cumulative sales end redemptions by series
sales and redemptions by periods, all series combined
(Continued on followlTig pa«e)
32
32
39
39
3".
31i
36
37
38
32
Treasury Bulletin.
90
.CUMDLATIVE TABLE OF COMTENTS.
May 1966 through through April 1957
-
(Continued)
li
II
C^yiy
Treas.
U.S. Treasury Dept,
HJ
10
.A2
1957
C.2
Treasury Bulletin
/
us, TREASURY LIBRARY
ill
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@FedFRASER