Full text of Treasury Bulletin : April 1964
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APRIL 1964
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UNITED STATES TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
The Treasury Bulletin is for sale by the
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U. S. Government Printing Office, Washington 25, D. C.
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April
1964
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Administrative budget receipts and expenditures.
2
Trust and other transactions
Consolidated cash transactions
10
15
,
Account of the Treasurer of the United States...
18
Debt outstanding
21
Statutory debt limitation
26
Public debt operations
27
United States savings bonds
58
Ownership of Federal securities
62
Treasury survey of ownership of Federal
securities
64-
Market quotations on Treasury securities
68
Average yields of long-term bonds
71
Monetary statistics
73
Exchange Stabilization Fund
77
International financial statistics
79
Capital movements
81
Corporations and certain other business-type
activities-statements of financial condition.
Cumulative table of contents
.
99
132
'
)
{
Treasury Bulletin
II
.ii
Reporting Bases
Data on receipts, expenditures, and debt which appear
itures and Baleinces of the United States Government" and
In the "Treasury Bulletin" are based largely on two Treasury
for actual receipts and ejqpendltures in the "Budget of the
financial reports, the "Dally Statement of the United States
United States Government
Treasury" and the "Monthly Statement of Receipts and Ex-
Beginning with the final statement for the fiscal
year I96O, the monthly statement reports totals for net
budget receipts and budget expenditures after deduction
of certain Interfund trsmsactlone which are Included in'
penditures of the United States Government."
Certain mone-
.
"
1
{
{
il
1
tary statistics are based at least In part on the "Circulation State.Tient of United States Money."
Where these state-
ments are given as sources for Individual tables, they are
Their respective reporting bases are
described below. For other data In the Bulletin, Information on sources or reporting bases Is given In connection
cited by name only.
with the tables themselves.
j
the detail of both budget receipts and budget expenditures.
The transactions deducted consist of Interest payments and
minor amounts of certain other payments made by Government
agencies to the Treasury.
This reporting change was made in
accordance with the plan stated In the President's Budget"
The monthly statement of receipts and expenditures
195'*'> ^"^ replaced the
Message of January IS, i960.
It does not affect the surplus
was first published for February
or deficit.
daily statement as the primary source of information on
budget results and other receipt and expenditure data
classified by type of account. At the same time, the
ury Bulletin were revised to the new reporting basis in the
dally statement was changed to a statement of cash deposits
ury by wholly owned Government corporations for retirement
Figures for earlier periods shown in the Treas-
September i960 issue.
The interfund transactions deducted
under this procedure do not include payments to the Treas-
and withdrawals affecting the account of the Treasurer of
of their capital stock and for disposition of earnings.
Both publications have provided compar-
These capital transfers have been excluded currently from
budget receipts and budget expenditures beginning July 1,
the United States.
ative figures on their respective bases from the beginning
of the fiscal year 1953«
195'*-,
The announcement of February 17,
with respect to these reporting changes may be found
in the April 1954- issue of the Bulletin.
including those made from cash
accounts held outside the United States Treasury. The
Information is compiled from reports by the Treasurer of
the United States and by all other collecting and disbursing agencies, including those agencies which maintain
checking accounts in comnercial banks. 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's account and in cash held outside the Treasurer's account and
changes in the public debt outstanding.
Other receipts are reported partially
on a collections basis and partially on a deposits basis.
Expenditures, except Interest on the public debt,
are re-
ported on the basis of checks issued or cash payments made
by disbursing officers.
for February 17,
shown,
195'*'«
I" the deposits and withdrawals as
no distinction is made as to the type of accounts
(budget,
trust,
etc.).
The deposits are on the basis of
certificates of deposit cleared through the account of the
Treasurer of the United States.
Total withdrawals are on
the basis of checks paid or cash disbursements made out of
the Treasurer's account.
Some of the withdrawal classi-
fications shown are reported on the basis of mailed reports
of checks Issued and are adjusted by means of clearing ac-
counts to the total of checks paid.
Except for relatively
minor amounts, noncash interfund and other intragovernmental
transactions are excluded.
The public debt figures in the
dally statement also are on a "clearance" basis, with the
Recelptt of taxes and customs duties are reported on a
oollections basis.
and figures for prior fiscal years back through 1932
IShS,
were revised accordingly at that time.
The dally statement on the new basis was first issued
The monthly statement shows all receipts and expendi-
tures of the Government,
'
Transactions of an interfund or
Intragovernmental nature are Included on the same basis
even though the actual issuance of checks may not be involved.
Interest on the public debt Is Included on an
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 before February 17, 195'+, covered
not only transactions cleared through the Treasurer's account but also certain Government agency transactions which
were handled through commercial bank accounts,
and included
noncash interfund and other intragovernmental transactions.
It provided information similar to that in the present daily
accrual basis beginning with figures for June 1955 B.n&
the fiscal year 1955Prior to that, it was Included on
coijnt,
a due and payable basis.
statement with respect to debt issuance, retirement, and-
The same reporting basis as that
statement with respect to the status of the Treasurer's acand similar to that in the present end-of -month dally
in the monthly statement provides the fiscal year figures
amount outstanding.
for the Treasury's "Combined Statement of Receipts, Expend-
classified by type of account, and the budget results shown
Receipts and expenditures, however, were"
'
April
1964
III
Reporting Bases
-
(Continued)
In the dally statement were used as the basis for reflecting
Aled.
the results under the President's budget program as enacted
transactions In public debt and guaranteed securities, were
by the Congress.
as reported by the agencies.
Interest on the public debt
was Included on a due and payable basis beginning with
November ISh^ and on a checks-paid basis prior to that time.
Receipts were on the basis of deposits as they cleared
the Treasurer's account.
Expenditures cleared through the
the Treasurer's account were reported on two successive
Through
through commercial bank accounts, consisting of market
The circulation statement reflects transactions through
they were on the basis of checks paid
the Treasurer's account which affect monetary stocks of gold
Beginning with 19^7,
expenditures made through the facilities of the Treasury
and silver and the amounts of coin and currency In the money
Department's Division of Disbursement were on the basis
of checks Issued, while certain others, principally those
statement,
bases.
19U^6
by the Treasurer of the United States.
supply of the country.
It Is Issued later than the dally
however, and the figures are based on transac-
tions consummated during the reporting period even though
of the Department of Defense and Its predecessor organiza-
some may not have cleared the Treasurer's account during
tions, were on the basis of checks paid.
that period.
Mote:
Transactions han-
Where calculations have been made from unrounded figures,
the details may not check to the totals shown.
.
.
April
1964
JUl
Treasury Financing Operations
April Cash Borrowing
On March 26, 1964, the Treasury announced an offering for
cash of an additional $1 billion, or thereabouts, ef the 3-7/8
percent Treasury notes due August 13, 1965.
issue at a specific rate or price, until after midnight
March 31, 1964.
Offered at a price
of $99.70 plus accrued interest from February
Commercial banks in sutmitting subscriptions were required
1964, the
to'certify that they had no beneficial interest in any of the
original issue date, to April 8, 1964, the notes will yield
subscriptions they entered for the account of their customers,
about 4.10 percent.
15_,
Subscription books were open only on
March 31.
and that their customers had no beneficial interest in the
banks' subscriptions for their own accoiint.
Subscriptions received totaled $10,227 million, of which
$1,066 mil lion was allotted.
Payment at 99.70 percent of their
face value plus the accrued interest of $5.64217 per $1,000 for
Other subscriptions were allotted 9 percent with a
the notes allotted was required to be completed on or before
$50,000 per subscription.
April 8.
Any qualified depositary was permitted to make pay-
ment ty credit in its Treasury tax and loan account for notes
i,
minimiiiti
of
Subscriptions totaled about $8.4
billion from commercial banks for their own account and $1.8
billion from all others
allotted to it for itself and its customers up to any amo'jnt
The notes issued under this offering are in addition to
for which it was qualified in excess of existing deposits.
and form part of the 3-7/8 percent Treasury notes of Series
Subscriptions from commercial banks for their own accoxmt
,j
,!
On subscriptions received subject to allotment, the
Treasury allotted in full subscriptions for $50,000, or less.
Interest on the additional issues will accrue from
D-I965.
were restricted in each case to an anount not exceeding 50 per-
April 8, 1%4.
To enable holders of 3-7/8 percent notes of
cent of the combined capital (not including capital notes or
Series D-1965 to determine readily which of them are subject
debentures), surplus and undivided profits of the subscribing
to the provisions of section 1232 of the Internal Revenue
bank
Code all notes of this additional issue are specially marked
Subscriptions were received without deposit from banking
institutions for their own account. Federally-insured savings
and loan associations.
to show they were issued April 8,
1%4, at
a price of 99.70
percent.
States, political subdivisions or
The additional notes are dated February 15, 1964, and bear
instrumentalities thereof, public pension and retirement and
interest at the rate of 3-7/8 percent per annum, payable on a
other public funds, international organizations in which the
semiannu;il basis on August 15, 1964, February 15, 1965, and at
United States holds membership, foreign central banks and
their maturity on August 13, 1965.
foreign States, Government investment accounts and dealers
bearer form, the notes were issued in denominations of $1,000,
who make primary markets in Government securities and report
$5,000, $10,000, $100,000, $1,000,000, $100,000,000, and
daily to the Federal Reserve Bank of New York their positions
$500,000,000.
with respect to Government securities and borrowings thereon.
One-Year Bills
On March 26 also the Treasury invited tenders on April 3
Subscriptions from all others were required to be accompanied
by payment of
2
percent of the amount of notes applied for,
for $1 billion, or thereabouts, of 357-day Treasury bills.
Of the $2,568 million of tenders received $1,001 million
not subject to withdrawal until after allotment.
Subscribers requesting registered notes were required
In both registered and
was accepted at the average bank discount rate of 3.719 per-
to furnish appropriate identifying numbers as required on tax
cent.
returns and other documents submitted to the Internal Revenue
stated price) from any one bidder were accepted in full at the
Service.
average price of accepted con^jetitive bids.
All subscribers were required to agree not to purchase or
to sell, or to make ary agreements with respect to the purchase
or sale or other disposition of any notes of this additional
Noncompetitive tenders for $200,000 or less (without
These amounted to
$118 million.
Payiuent for accepted tenders,
in cash or other immediately
available funds, was required to be oompiLeted on April 8, 196A.
Treasury Bulletin
iU2
Treasury Financing Operations
-
(Continued)
Any qualified depositsiry, however, was permitted to make pay-
October 28, 1963).
ment by credit in its Treasury tax and loan account for not
of 91-day bills and $3.6 billion of 182-day bills, were issued
The new bills, consisting of $5.2 billion
more than 50 percent of the amo\mt of Treasury bills allotted
in weekly amounts of $1.3 billion emd $0.9 billion, respec-
to it for itself and its customers up to any amount for which
tively.
it was qualified in excess of existing deposits.
in the table following.
Average rates of discount on the new bills are shown
Banking institutions generally could submit tenders for
account of customers provided the names of the customers were
set forth in such tenders.
Others than banking institutions
were not permitted to submit tenders except for their own
account.
Tenders were received without deposit from incor-
porated banks and trust companies and from responsible and
recognized dealers in investment securities.
Tenders from
others had to be accompanied by payment of 2 percent of the
face amount of Treasury bills applied for, unless accompanied
by an express guaranty of payment by an incorporated bank or
trust company.
All bidders were required to agree not to purchase, or
to sell, or to make any agreements with respect to the purchase
or sale or other disposition of any bills of this issue at a
specific rate or price, xmtil after one-thirty p.m., eastern
standard time, April 3, 1964.
The 357-day bills are dated April 8, 1964, and mature
March 31, 1965, when the face amount will be payable without
interest.
Issued in bearer form only, the bills are in de-
nominations of $1,000, $5,000, $10,000, $50,000, $100,000,
$500,000, and $1,000,000 (maturity value).
13-Week and 26-Week Bills
March issues of regular weekly Treasury bills totaled
$8,8 billion, refunding an equivalent amount of bills ma-
turing (including $0.4 billion of the strip bills issued on
13-week
(Additional amount of bills of
original maturity of 26 weeks)
,
April
1
s
,
s
1964
SIMAARY OF FEDERAL FISCAL OPERATIONS
(In millions of dollars)
Administrative budget
receipts and expenditures
Period
Fiscal years:
195C
Net
receipts
Expenditures
1/
V
Surplus
or
deficit
(-)
,i20
,209
,850
,562
,550
,915
,763
,659
,i09
,376
39,544
43,970
65,303
74,120
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
87,787
92,642
-3,122
3,510
-4,017
-9,449
-3,117
-4,180
1,626
1,596
-2,819
-12,427
1,224
-3,856
-6,378
-6,266
88,i00
93,000
98,405
97,900
,235
,877
,705
,654
,938
,119
,616
,749
,262
,738
,518
,157
,709
,516
37,657
56,236
70,547
72,811
64,622
65,891
66,838
71,157
75,349
79,778
77,565
84,463
3,566
7,089
0,053
3,030
7,027
8,360
7,252
1963-Jan
Feb
Mar
Apr
Hay
June
5,533
7,305
9,663
5,735
6,953
July.
1951
i22
,i80
,287
671
1952
1953
195i
1955
1956
1957
1958
1959
1960
1961
1962
1963
196i (Est.).
1965 (Est.).
Calendar years
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
Net of
trust
and other
trans-
actions
2/
Net
increase
Clearing
account
etc. i/
(-)
99
679
483
-214
147
435
328
-401
231
284
522
-523
530
-6
-145
507
64
-43
5,940
5,200
-3,916
8,200
3,200
311,800
317,000
749
705
312,549
317,705
312,189
317,350
-422
-3,358
-5,842
-9,157
-3,633
-2,771
3,779
311
87
-423
-U7
815
-106
-319
-209
-34
376
2,711
62
1,770
4,232
4,295
6,064
4,577
5,180
4,545
4,427
4,606
4,961
5,583
24
42
256,731
259,461
54
267, U5
76
34
6,494
7,509
7,375
256,703
259,419
267,391
275,168
278,750
280,769
276,628
274,898
282,922
290,798
290,217
296,169
303,470
309,347
275,244
278,784
280,822
276,731
275,002
283,031
290,925
290,373
296,499
303,988
310,089
256,026
258,794
266,821
274,671
278,256
280,348
276,276
274,564
282,607
290,513
289,971
296,061
303,616
309,724
6,380
8,530
9,268
6,518
7,109
7,509
297,876
301,842
299,498
302,067
305,390
303,470
448
470
487
486
303,417
304,638
302,993
303,166
305,204
305,860
531
541
-41
101
739
-259
267
1,092
-21
-3,686
-1,452
2,727
-5,494
-1,042
788
208
-59
-126
-15
106
457
-248
-304
48
189
-1,796
1,075
-2,480
1,857
-1,854
-516
4,346
-126
404
-270
269
-223
-529
635
-206
864
-260
-320
2,061
8,013
6,763
7,806
7,590
7,470
7,715
Dec
3,547
7,290
10,095
3,400
7,131
8,803
7,863
8,305
7,815
8,776
7,784
8,289
-4,316
-1,015
2,279
-5,377
-652
514
192
-7
155
93
135
76
1964-Jan
Feb
Mar
5,853
8,047
10,148
8,492
-2,639
-130
7,521
7,871
526
2,277
581
1964. to date.
64,313
72,716
-8,403
Months
1962-July
Aug
Sept
Oct
Nov
Dec
Total
Subject to
Federal
limitation
securities
83
-257
U8
168
94,188
Guaranteed
securities
-10,005
-4,900
-329
-50
-602
436
-698
234
729
91 ,907
Public
debt
196
195
633
592
-7,088
-691
23
2,047
1,839
-388
-2,299
2,096
Debt outstanding
Treasurer'
account
balance
97
-194
-250
-303
-7,040
1,953
-6,306
-7,199
-6,672
1962
1963
increase in
Treasurer'
account
balance, or
decrease (-)
4,587
-2,135
3,883
6,966
5,189
3,115
-1,623
-2,224
5,816
8,363
1,625
2,640
9,230
7,659
224
109
-237
154
204
183
493
1961
in
public
debt, or
decrease
Levels, end of period
Net
-551
331
-956
4,159
-4,399
2,654
-1,311
3,736
1,636
7,973
7,777
3,582
2,019
-4,141
-1,730
8,025
7,875
-1
,488
603
-635
-117
179
355
622
828
83
1,015
-134
-531
5,952
7,301
5,877
5,517
7,357
6,969
4,670
6,766
6,216
6,546
5,590
9,749
5,350
8,005
6,694
10,430
12,116
257,357
255,222
259,105
266,071
271,260
274,374
272,751
270,527
276,343
284,706
236,331
238,971
298,201
305,860
6,411
20
29
140
240
444
607
257,377
255,251
259,151
266,123
271,341
274,418
272,825
270,634
276,444
284,817
286,471
289,211
298,645
306,466
256,652
254,567
258,507
265,522
270,790
273,915
272,361
270,188
276,013
284,398
286,065
238,862
298,212
306,099
46
52
81
U
74
107
101
111
53
103
104
109
127
156
330
518
742
:
Aug
Sept
Oct
Nov
8,541
7,327
8,524
8,070
7,572
542
-325
3,966
-2,3«
2,569
3,323
-1,920
.
591
400
-53
1,221
-2,024
-1,645
306
-1,672
978
4,558
5,485
7,446
8,252
6,579
7,558
12,116
6,998
6,846
9,733
4,510
5,270
7,375
304,335
306,535
306,635
-193
1,773
1,132
-5,118
-152
2,938
-5,273
760
2,105
-41
428
-357
392
-770
1,780
-767
-3,111
2,531
1,861
1,054
158
3,730
-3,460
173
85
31
1,961
2,038
656
-1
-830
402
204
-495
383
Source: Actual figures through the fiscal year 1952 and the calendar year
1953 are from the daily Treasury statement, and thereafter from the
monthly statement of receipts and expenditures of the Government (for
explanation of reporting bases, see page II);
estimates are from the
1965 Budget document, released January 21, 1964, including effects
of proposed legislation.
More detail for data on this page will be
found in succeeding tables.
Fiscal year figures beginning with the September 1960 issue of the
1/
Treasury Bulletin, and calendar year figures beginning with the June
1961 issue exclude certain interfund transactions from both net budget
receipts and budget expenditures (seepages, II, 2, and 5). Figures
previously published for these series have been revised to the new
reporting basis. The change does not affect the budget surplus or
deficit.
Excess op receipts, or expenditures (-)
2/
For detail, see pages 10-14For checks outstanding and telegraphic reports from Federal Reserve
2/
banks; public debt interest accrued and unpaid beginning with June
and the fiscal year 1955 (previously included from November 1949 as
'
-4,051
2,151
738
-2,750
1
,025
,700
100
503
513
293,324
302,312
299,986
302,553
305,893
303,983
297,891
301 ,938
299,612
302,181
305,521
303,616
548
562
577
607
303,948
305,179
303,541
303,723
305,781
306,466
303,577
304,809
303,172
303,359
305,413
306,099
308,215
309,347
647
674
693
705
718
742
305,482
307,209
307,328
307,147
308,933
310,089
305,115
306,842
306,962
306,781
308,567
309,724
4,264
6,795
8,656
303,577
310,357
309,590
762
793
818
309,339
311,150
310,408
308,975
310,786
310,045
8,656
309,590
818
310,408
310,045
306, U2
interest checks and coupons outstanding); also deposits in transit and
changes in cash held outside the Treasury and in certain other accounts beginning with the fiscal year 195A. Net increase, or decrease
(-).
4/
For current month detail and list of acts, see section on "Statutory
Debt Limitation" in each issue of the Bulletin. The limitations in
effect during the period covered by this table and the date when each
became effective are as follows: $275 billion on June 26, 1946; $281
billion on August 28, 1954; J273 billion on July 1, 1956; $275 billion
on July 1, 1957; $280 billion on February 26, 1958; $288 billion on
September 2, 1953; $290 billion on June 30, 1959; $295 billion on July
1, 1959; $293 billion on July 1, I960; $293 billion on July 1, 1961; $300
billion on March 13, 1%2; $308 billion on July 1, 1962; $305 billion on
April 1, 1963; $307 billion on May 29, 1963; and $309 billion on July
Under the act approved November 26, 1963, the limitation is $315
1, 1963.
billion from December 1, 1963, through June 29, 1964, and $309 billion
on June 30, 1964.
2
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITUI
Table 1.- Receipts by Principal Source
(In millions of dollars)
..
.
April
.
1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 2.- Detail of Miscellaneous Receipts by Major Categories
(In millions of dollars)
Fiscal year
or month
Dividends
and other
earnings
Total
Realization upon
loans and
investments
1957
1958
1959
2,7i9
3,196
3,158
628
745
438
601
506
I960
967
942
877
765
1,111
805
743
436
1,012
1962
1963
4,06^
i,082
3,206
4,436
860
196i (Est.)
1965 (Est.)
4,053
4,113
952
880
1963- July..
Aug..
Sept..
567
250
254
1961
Oct..
Nov
Deo
,
.
.
.
196i-Jan...
Feb...
Mar . .
F. Y. 196i
to date ...
328
328
587
67^,
Recoveries and
refunds
Royalties
Sale of
Sale of
Governprodment
ucts
property
Seigniorage
Fees for
permits
and
licenses
Fees and
other
charges
for
services,
Rents
Fines,
penalties
and forfeitures
etc.
322
343
79
90
387
345
325
93
312
304
350
49
49
160
59
53
54
161
53
55
58
57
111
81
62
4A
133
28
86
93
20
23
23
325
94
89
16
12
14
11
11
437
79
6
7
96
114
374
121
34^'
1,076
114
182
154
200
124
3"'
45
101
100
101
110
917
937
563
375
155
131
132
137
377
474
404
50
55
82
119
125
142
255
343
35
83
266
79
21
10
9
6
1
75
104
6
-19
.3
4
12
30
5
7
8
5
10
5t
15
lo
26
54
38
86
27
26
2
257
224
400
13
4
165
74
78
32
16
11
51
H
6
3
10
51
1i
11
IS
13
33
28
36
6
61
352
89
31
58
-13
591
125
25
73
72
266
92
10
56
32
11
27
9
6
6
778
716
b95
;27
52
313
3,208
371
23
Other
1/
114
33,1
431
41
5
9
7
10
5
13
7
9
5
6
5
8
13
6
5
1
26
1
46
87
48
44
J.
Actual figiires through 1961 are from reports to the Treasury
Department by disbursing officers and administrative agencies, on tng
monthly statement reporting basis (see page II) and from the monthly
statement of receipts and expenditures thereafter. Estimates are
Source:
1y
j
Footnotes to Table
6/
2/
8/
2/
!
W
11/
Includes adjustments as follows for:
Income taxes not withheld,
September -$3 million, December -$5 million, and March -^6 inillion;
income taxes withheld, September +|8 million, December -$316 million,
and March —$50 million; transfers to Federal Old-Age and Survivors
Insurance Trust Fund, September -^^O million, December +|300 million,
and March $52 million; and transfers to Federal Disability Insurance
Trust Fund, September 4^5 million, December +-$21 million, and March +$4million. See also footnote 9.
Interest on refunds is included in expenditures in Table 3.
The principal amounts for refunds of emplojnnent taxes and certain
excise taxes (highway) are excluded from the transfers of tax receipts
shown herein, and are included with refunds of internal revenue
receipts, applicable to trust accounts.
Amounts appropriated to the Federal Old-Age and Survivors Insurance
Trust Fund are equivalent to the amounts of teixes collected and
deposited for old-age insurance. Amounts transferred currently for
appropriation to the trust fund are based on estimates of old-age
insurance tax receipts made by the Secretary of the Treasury (^2
U.S.C. AOl (a)), and are adjusted in later transfers on the basis of
wage and self-employment income records maintained in the Social
Security Administration.
The Federal Disability Insxirance Trust Fund was established by the
Social Security Act Amendments of 1956, approved August 1, 1956 (i?
U.S.C. /^0^ (b)). The act appropriated to the trust fund amounts
equivalent to specified percentages of the wages and self-employment
income, respectively, which are taxed for old-age insurance, and
provided that the amounts appropriated should be transferred from time
to time to the trust fund on the same basis as transfers to the Federal
Old-Age and Survivors Insurance Trust Fund. Rates of tax were increased by the percentages appropriated to the Federal Disability
Insurance Trust Fund, the increase being applicable to wages paid and
taxable years beginning after December 31, 1956.
Amounts are appropriated to the Railroad Retirement Account equal to
the amount of taxes under the Railroad Retirement Tax Act deposited
ths 1965 Budget document, released January 21, 1964, including
effect of proposed legislation,
Consists of miscellaneous taxes (principally the tonnage tax on foreign
vessels entering U.S. ports), bullion charges, and gifts and contributions.
froia
1
12/
(Continued)
in the Treasury, less refunds, during each fiscal year (65 Stat. 222
and 66 Stat. 371) and transfers are made currently.
The Employment Security Act of I960, approved September 13, I960 (^2
U.S.C, 1101), established in the Unemployment Trust Fund an administration account, and appropriated for credit to that accoun*
beginning with fiscal 1961, amounts equivalent to taxes collected
and deposited under the Federal Unemployment Tax Act, The tax
receipts are transferred currently on the basis of estimates by the
Secretary of the Treasury, with later adjustments as necessary.
From that account are to be paid the administrative expenses of the
employment security program. Previously the corresponding amounts
were included, respectively, in budget receipts and budget
expenditures
The Highway Revenue Act of 1956, as amended, (23 U.S,C, 120, note)
established a Highway Trust Fund from which are to be made, as
provided by appropriation acts, Federal-aid highway expendit>ares
after June 30, 1956, and before October 1, 1972. The act appropriated to this fund amounts equivalent to specified percentage's of
receipts from certain excise taxes on motor fuels, motor vehicles,
tires and tubes, and use of certain vehicles, and provided that the
amounts appropriated should be transferred currently to the trust
fund on the basis of estimates by the Secretary of the Treasury with
proper adjustments to be made in subsequent transiei'3. Before fiscal
1957 corresponding excise tax receipts were incli'.ded in net budget
receipts and Federal-aid highway expenditures were included in
budget expenditures.
For content, see Table 4.. These transactions are included in the
detail of both budget receipts and expenditures but are deducted
from the totals (see Reporting Bases, p, II).
Figures in this column differ from those published under the same
caption prior to the September I960 Treasury Bulletin because of the
exclusion of certain interfund transactions (see footnote 14.),
Less than $500,000.
,
I3/
1_4/
15/
*
Treasury Bulletin
AIMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES.
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
1950
'51
'52
'53
'54
'55
58
'56
'61
'62
'63
'64
DOLLARS
Corporation Income and Profits Taxes
Billions
Billions
67.5
675
225
650-
65.0
20.0
625
175
60.0-
60.0
15.0
57.5-
57.5
125
550-
55j0
100
525-
52.5
75
50.0-
50.0
5.0
475-
475
25
45.0-
450
-
'60
DOLLARS
DOLLARS"
62.5
'59
.Individual Income Tax and
.
Billions
Employment Taxes*
i
I
1950
425
-
J
400-
425
50
400
25
375
350
35.0
100
-
325
75
3ao-
J0.0
5.0
275
25fl
225
20.0
175
15.0
I
I
'54
'56
'58
'60
275
250
a-^
^
225
^
20j0
175
ISO
%%
'62
'64
54
'56
Estate and Gift Taxes
375
32.5
'52
'60
'62
..
,. ..
.
.
1964
April
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures by Agencies
(in millions of dollars)
Executive
LegisOffice
lative Judiciary
of the
Branch
President
Fiscal year
or month
1
'
Agriculture
Department
5,006
4,875
56
4,115
4,081
4,109
52
57
62
56
70
29
23
1,764 2/
1,808
2,053
3,968
166
179
67
72
25
23
14
10
13
5
3
5
1
5
1
October. .
November .
December.
13
10
13
6
2
5
1
964- January
February.
March. ...
15
16
9
114
48
1957.
1958.
1959.
97
99
118
I960.
1961.
1962.
1963.
126
134
153
147
1964 (Est.)
1965 (Est.)
1963-July
August. .
September.
.
1
Funds
appropriated
to the
President
F.
.
Y.
.
. .
Commerce
Department
Health,
Education, Interior
and
DepartCivil
Welfare
ment
functions Department
Defense Department
Military
Justice
Department
214
229
250
33,439
39,062
41,233
639
733
307
2,295
2,645
3,092
572
666
7,091
562 2/
645
382
5,419
5,929
6,669
7,735
539
498
594
676
42,824
44,677
48,205
48,252
902
690
999
1,128
3,403
3,635
4,215
4,909
90S
1,029
253
234
294
317
2,817
2,533
6,978
5,815
736
833
52,300
51,200
1,141
1,192
,530
,853
1,114
1,143
320
295
264
983
75
67
52
3,343
4,047
3,916
99
106
464
111
387
318
342
236
970
638
712
76
45
o
4,316
3,818
4,290
122
95
94
5
2
192
738
65
5
2
6
2
281
171
567
567
16
1,910
6,772
10
39
U
11
47
49
5
871
676
41
971
751
413
567
1,016
518
674
774
179
206
272
549
525
831 4/
620
257
914
797
770
247
258
307
408
330
343
415
667
546
475
335
382
39
117
117
26
34
24
97
-13
35
79
41
490
339
413
106
24
91
67
65
68
32
22
91
25
27
30
25
27
34
513
35
25
26
77
-224
48
-15
145
59
30
23
3
246
290
393
306
Less:
interfund
transactions
10/
Total
budget
expenditures
11/
801
441
48
4,117
4,040
4,143
70
76
496
439
93
99
72
522
37,045
861
4,081
875
53
Post
State
Office
DepartDepartment
ment 1/
Labor
Department
21
71
59
29
196i
to date
.
.
.
Treasury Department
Interest
Fiscal year
or month
1957
1953
1959
On
public
debt S/
On
refunds
of taxes
7,244
7,607
7,593
74
69
1,990
748
2,268
765
2,173 12/ 2,541
76
83
68
74
875
987
935
1,059
9,180
8,957
9,120
9,895
1960
I96I
1962
1963
1964 (Est.)...
1965 (Est.)...
10,600
11,000
1963-July.....
August , .
September
882
850
856
October.
November
December.
865
863
903
1964- January.
February.
March.
Y. 1964
to date. . .
.
.
Other
6/
Atomic
Energy
Commission
57
90
90
20
4
4
2,623
2,713
2,306
2,753
Federal
Aviation
Agency
7/
441
503
633
698
726
General
Services
Administration
Housing
and
Home
Finance
Agency
National
Veterans
AeroAdmininautics
and Space stration
Adm. 8/
of
Columbia
2/
502
7U
5,401
739
410
1,257
2,552
5,392
5,173
224
794
937
293
4,400
4,990
5,349
5,066
193
-85
66
66
2,300
2,735
790
829
555
573
107
97
87
254
229
215
55
39
467
465
437
93
98
1
48
270
285
287
23
53
84
69
-13
-154
77
60
96
242
220
230
69
45
342
56
63
50
56
7
41
23
372
462
453
454
72
133
64
73
58
59
43
201
54
479
450
454
68
48
64
-79
-2
355
317
359
575
452
331
2,883
4,120
U9
91
90
925
880
78
907
99
221
301
F.
377
2,066
Source: Actual figures are from. the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases, see
page II); estimates are from the 1965 Budget document, released
January 21, 1964, including effects of proposed legislation.
Figures in this table are for agencies as constituted at the time the
Note:
expenditures were made, and therefore do not necessarily represent
functions which are comparable over a period of time. For expenditures
by functions on a consistent basis, see Table 6. Agency shifts are
reflected in this table as follous: Beginning 1957, Alaska Road
Construction from "Interior Department" to "Commerce Department," and
Federal intermediate credit banks and production credit corporations
as indicated in footnote 12; beginning 1958, Federal Facilities Corporation (remaining fimctions) from "Treasury Department" to "General
Services Administration," and Informational Media Guaranty Fund from
"Funds appropriated to the President" to "Independent agencies;"
beginning 1959, Federal Civil Defense Administration from "Independent
agencies" to "Executive Office of the President," Civil Aeronautics
Board from "Commerce Department" to "Independent agencies," Civil
77,233
32,169
83,419
93,155
694
654
633
513
76,539
81,515
87,787
92,642
99,089 yj
98,500 15/
685
600
98,405 14/
97,900 15/
80,697
28
50
72
5,250
309
12/
68,966
71,369
80,342
31
145
431
408
337
445
466
940
956
467
567
355
69,433
911
-23
199
1,152
Total by
agencies
26
25
4,805
5,098
5,232
570
425
359
1,184
1,246
228
228
69
District
212
149
131
7,931
Other
independent
agencies
3
1
1
ft
17
1
27
54
71 ,936
8,108
8,357
7,843
245
52
23
7,863
8,305
7,815
8,783
7,784
3,315
11
8,776
7,784
8,289
1
26
80
8,492
8,573
7,641
7,383
120
12
7,521
7,871
73,291
575
72,716
Aeronautics Administration from "Commerce Department" and Airways
Modernization Board from "Independent agencies" to the "Federal
Aviation Agency," National Advisory Commission for Aeronautics from
"Independent agencies" to "National Aeronautics and Space Administration;" from fiscal I960 through November 1962, and beginning December
1963, military assistance from "Funds appropriated to the President"
to "Defense Department, military," and beginning 1962, subscriptions
to International institutions from "Treasury Department" to "Funds
appropriated to the President."
Consists of net expenditures of the Postal Fund, reflecting the
change in classification of Post Office transactions to a public
enterprise revolving fund basis, and beginning fiscal I960, payment
for public services.
2/ Beginning 1957, Federal aid for highways is excluded from budget expenditures and included in trust account expenditures (see Table 1).
2/ Adjusted for reclassification.
Remaining footnotes on following page.
V
,
..
,
,
'
Treasury Bulletin]
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 4.- Interfund Transactions Excluded from Both Net Budget Receipts and Budget Bxpenditures
(In millions of dollars)
Interest payments to the Treasury 1/
Fiscal
year or
month
Total
Total
interest
Coinmod—
ity
Credit
Corp,
ExportImport
Bank of
Washington 2/
24
Housing
and
Home
Finance
Agency
2/
7
90
118
146
160
9
9
9
10
7
15
23
32
35
11
6
14
20
40
47
8
6
16
18
13
12
14
170
176
11
27
32
50
50
154
21
I960
682
640
620
499
465
410
330
186
46
43
1962
1963
694
654
633
513
1964 (Est.)...
1965 (Est.)...
685
600
670
584
195
268
41
1963- July
August, ,
September
245
52
28
245
52
23
193
50
1
25
October.
November
December,
11
6
1
964- January
February.
March.,
.
.
F.Y. 1964 to date.
1
21
4/
Other
6/
9
340
421
181
51
ity
Veterans'
Administration
10
14
19
456
557
342
57
see
Valley
Author-
3
567
355
1961
Small
Business
Admin.
11
467
41
Panama
Canal
Company
Under
Defense
Production
Act 5/
47
45
39
1957
1958
1959
31
Tennes-
Reimbursement by
Panama
Canal
Company
2/
6
11
1
Federal
intermediate
credit
banks
franchise
tax 8/
Charges
for
audits
of
various
agencies
10
24
30
9
1?
42
26
15
16
25
27
1
1
26
26
80
120
12
77
120
575
567
73
24
96
11
12
196
19
149
Source:
See Table 1
1/ By Government agencies operated as revolving funds; on loans (see "Debt
Outstanding," Table 6) and other interest-bearing U, S. investments.
2/ Excludes transactions under Defense Production Act.
Office of the Administrator for college
2/ Consists of payments by:
housing, urban renewal, prefabricated housing loans for 1955, and publoans
beginning
lic facility
1957; Federal National Mortgage Association;
and Public Housing Administration,
4/ Direct loan program.
By various agencies for programs under the Defense Production Act,
6/ Consists of payments by the: Colorado River Dam Fund, Boulder Canyon
project; Virgin Islands Corporation; Bxireau of Federal Credit Unions;
27
49
108
12
Civil Defense Program Fund; Farmers' Home Administration: Agricultural
Credit Insurance Fund (formerly the Farm Tenant Mortgage Insurance Fund),
and the direct loan account, both established pursuant to Title III of
the Agricultural Act of 1961, approved August 8, 1961; Informational Media Guaranty Fund beginning 1959; Federal Ship Mortgage Insurance
Fund beginning 1960; and St, Laurence Seaway Development Corporation
beginning I960.
7/ For net cost of Canal Zone Government, less tolls on Government
vessels, and for part of treaty payment for use of Canal Zone,
8/ Realization on the Government's investment,
»
Less than $500,000,
Footnotep to Table 3.- (Continued)
4/
Beginning with fiscal 1961, administrative expenses of the employment security program are handled as trust account expenditures
rather than budget expenditures, pursuant to the Employment Security
Act of I960, approved September 13, I960 (^2 U.S.C. 1101); see
Table 1
footnote 12.
Reported on an accrual basis effective June 30, 1955.
Includes Reconstruction Finance Corporation except beginning July 1
Under Reorganization Flan No. 2
1954., certain functions transferred:
of 195A (15 U.S.C. 609, note) to the Export-Import Bank, the Federal
National Mortgage Association, and the Small Business Administration;
and under Executive Order 10539, as amended, (15 U.S.C. 603, note)
The corporation was abolished
to the General Services Administration.
at the close of June 30, 1957, by Reorganization Plan No. 1 of 1957,
and its remaining functions were transferred to the Housing and Home
Finance Administrator, Administrator of General Services, Administrator
of Small Business Administration, and Secretary of the Treasury.
Established pursuant to the Federal Aviation Act of 1958 (4.9 U.S.C.
1341 (a)), approved Axigust 23, 1958.
Established pursuant to the National Aeronautics and Space Act of
1958 (42 U.S.C. 2^72 (a)), approved July 29, 1958.
Consists of Federal payment and loans and advances.
For content, see Table 4- These transactions are included in the
detail of both budget receipts and budget expenditures, but are deducted from the totals (see Reporting Bases, p. II).
,
6/
7/
8/
2/
10/
11/ Figures in this column differ from those published under the same
caption prior to the September I960 Treasury Bulletin because of the
exclusion of certain interfund transactions (see footnote 10).
12/ 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, 1956 (12 U.S.C. 1027), and operations of the merged agencies (as mixed-ownership corporations) were
classified as trust enterprise funds from January 1, 1957, until
January 1959 when they were classified as Government-sponsored enterprises (see "Trust and Other Transactions," Table 3); previously the
operations of the banks and the corporations, respectively, were
classified as public enterprise funds and were included net in budget
expenditures.
13/ Includes $1,375 million paid to the International r^onetary Fund for the
additional United States subscription, authorized by an act approved
June 17, 1959, consisting of $34A million in gold (see "Monetary
Statistics," Table 3) and $1,031 million in special notes. The special
notes of the United States issued to international institutions are
nonnegotiable and noninterest-bearing and are payable on demand. See also
"Consolidated Cash Transactions," Table 2 and "Debt Outstanding, "Table 1,
14/ Totals include $250 million allowance for contingencies.
15/ Totals include $300 million allowance for contingencies, $250 million
allowance for attack on poverty, and $5^4- million for comparability pay
adjustment.
*
Less than $500,000.
.
April
1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 5.- Summary of Appropriations and Authorizations, Expenditures, and Balances, by Agencies,
as of February 29, 1964
(In millions of dollars; negative figures are deductions in the columns in which they appear)
Additional, fiscal year 196^ to date
Unexpended
balances
brought forward
July 1, 1963
Agency
1/^
Legislative Branch
The Judiciary
Executive Office of the President
i^unds appropriated to the President 7/
Agriculture Department
Oommerce Department
Defense Department:
Military 7/
Increase
Appropriations
2/
81
^
Other authorizations
-16
156
66
3
25
25
13,479
3,206
1,151
2,262
6,984
805
2,262
7,540
793
32,563
49,914
1,146
320
534
22
5
-17
Transfers,
borrowings,
investments
Total
^
172
66
5
Civil
Authorizations
to expend from
debt receipts
49,914
1,146
Undistributed foreign transactions
Health, Education, and Welfare Department
Interior Department
Justice Department
Labor Department
Post Office Department
State Department
2,084
536
; .
.
Treasury Department
Atomic Energy Commission
Federal Aviation Agency
General Services Administration
Housing and Home Finance Agency
National Aeronautics and Space Administration
Veterans Administration
Other independent agencies
District of Columbia - Federal payment and loans to.
'
4,962
1,131
344
33
322
420
140
425
1,581
603
675
12,958
2,278
1,186
11,786
97
339
652
354
11,853
2,743
833
627
473
5,100
5,385
1,106
26-
85,936
97,350
Expenditures
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President 7/
Agriculture Department
Commerce Department
Defense Department:
Military 7/
Civil
Undistributed foreign transactions
Health, Education, and Welfare Department
Interior Department
Justice Department
Labor Department
Post Office D^artment
State Department
Treasury Department
Atomic Energy Commission
Federal Aviation Commission
General Services Administration
Housing and Home Finance Agency
National Aeronautics and Space Administration
Veterans' Administration
Other independent agencies
District of Columbia - Federal payment and loans to.
Adjustment to monthly statement of receipts and
expenditures of the Government
Total
Deduct:
104
42
14
1,739
6,205
474
Rescissions,
cancellations,
and other
adjustments &/
1
3
2£i_
Total budget expenditures
2/
4/
i/
6/
Unused authorizations to
expend Crora
debt receipts
Unfunded
contract
authorizations
Investments
held
2/
129
29
29
14
8,100
2,079
965
108
197
14
14,128
4,540
1,466
«
71
10
3,453
750
156
418
707
190
4,158
2,479
899
894
1,134
4,849
2,512
1,467
117
84
85,575
511
10
110
Total 2/
20
»
6,028
2,353
300
49,578
682
160
3,453
887
156
115
U8
707
190
4,408
2,479
250
7
906
894
13,353
4,849
8,379
2,931
909
431
10,060
14
112
867
3,055
12,408
117
27,832
3,552
1,892
118,850
-2 la/
563
64,845
Details for the current fiscal year to date
Source:
Bureau of Accounts.
are shown in Bureau of Accounts report "Budgetary Appropriations and
1/
2/
Undisbursed
appropriations
672
65,408
Certain interfund transactions.
98,406
Unexpended balances February 29, 1964
3,593
803
220
242
365
302
7,868
1,845
398
333
2,528
3,667
422
46
-126
1,181
49,418
32,904
785
-20
339
652
353
11,853
2,743
813
627
838
5,100
5,535
1,115
150
109
-127
4,962
1,155
344
-121
486
Deductions, fiscal year 1964 to date
Agency
18
Other Authorizations, Expenditures and Unexpended Balances."
Includes same categories as shown at end of current period.
Although not expended, a substantial portion of these amounts is
obligated for outstanding purchase orders and contracts for equipment
and supplies, for payrolls, and for similar items.
Includes reappropriations.
Consists of authorization by law for Government-owned enterprises to
borrow (1) from the Treasury (to expend from public debt receipts),
or (2) from the public (to expend from debt receipts).
Consists of new contract authorizations, established by law for the
current fiscal year, net of current appropriations to liquidate
either current or prior contract authorizations.
Consists of transfers between appropriations; net borrowings from, or
repayments to (-), the Treasury and the public under authority to
2/
8/
2/
10/
expend from debt receipts; and net investment in, or sale of (-),
public debt securities and certain guaranteed securities issued by
Government enterprises.
Transactions for Foreign assistance-military, transferred to DefenseMilitary in accordance with latest Budget structure.
Consists of transfers to, or restorations from (-), the surplus fund;
rescissions, cancellations, or adjustments of borrowing authority
and contract authority; capital transfers to miscellaneous receipts;
and other adjustments.
Public debt securities and certain guaranteed securities issued by
Government enterprises.
Represents the difference between this report based on accounts submitted by certain disbursing officers and corresponding preliminary
data used in the monthly statement of receipts and expenditures of the
Government.
Less than $500,000.
Treasury Bulletin
—
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures and Balances by Functions
April
1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures and Balances by Functions
(Fiscal years;
-
(Continued)
in millions of dollars)
1964 through February 1/
Function
code
number
1960
1959
1961
1962
1963
Expenditures
Unexpended
balances
end of
period 2/
Interest:
Interest on the public debt
Interest on refunds of receipts
Interest on uninvested funds
851
852
853
Total interest
General government i
Legislative functions
Judicial functions
,
Executive direction and management
Central fiscal operations
General property and records management
Central personnel management
Protective services and alien control
Other general government
Total general government
9,180
76
7,593
8,957
9,120
10
83
10
68
10
7,671
9,266
9,050
102
47
109
49
21
20
566
295
255
558
372
84
263
1,466
9,895
74
7,02i
65
3,576
24
11
10
2
9,198
9,980
7,100
3,602
118
135
52
22
607
372
140
289
109
22
653
419
153
300
136
131
63
21
715
444
142
323
139
1,542
1,709
1,875
3,697
77,233
82,169
355
694
80,342
76,539
69
9
901
902
903
904
905
906
908
910
95
57
101
42
15
514
386
29
22i
116
11
337
875
32
160
73
1,979
1,525
1,619
88,419
93,155
65,408
118,850
654
633
513
563
81,515
87,787
92,642
64,845
la
Undistributed
Total
Certain interfund transactions included in
both expenditures and receipts
Less:
Budget expenditures (see table 3)
Source: Expenditures for 1964 are from reports received from disbursing,
collecting, and administrative agencies of the Government, on the monthly
statement reporting basis (see page II).
They are classified in
accordance with classifications used in the 1965 Budget document, Table
18, as nearly as can be done on an individual appropriation and fund
item basis. Prior year figures are from the same source but have been
adjusted below the appropriation level in some instances by the Bureau
of the Budget for use in Table 18.
Where current classifications differ
on this account, they are footnoted. Revolving fund transactions are
included net in the expenditures.
1964,
1/ For expenditiires by major fianctions for fiscal 1964 through March
and fiscal 1963 through March 1963, see "Note" below.
Details by
functions are not available for publication in this issue but will
appear in the May 1964 Bulletin.
Although not expended,
2/ For description of items included, see Table 5.
a substantial portion of these amounts is obligated for outstanding
purchase orders and contracts for equipment and supplies, for payrolls,
and for similar items.
See footnote 4.
Expenditures for 1964 include those for grants of commodities for
famine relief applicable to functional code 152, and removal of surplus
agricultural commodities applicable to functional code 655. These expenditures were made from "Expenses, Public Law 480, Foreign Assistance
Programs" and "Removal of Surplus Agricultxiral Commodities."
See footnote 6.
Expenditures for 1964 include those for assistance for elementary and
secondary education applicable to flinctional code 701 and other aids
to education applicable to functional code 704.
These expenditures
were made from "Defense Educational Activities, Office of Education."
Expenditures for 1964 include those for veterans' nonservice-connected
pensions applicable to functional code 802 and other veterans' beneThese expendifits and services applicable to functional code 805.
tures were made from "Conpensation and Pensions, Veterans Administration,"
8/ See footnote 7.
Expenditures by major functions, see footnote 1.
Note:
2/
.. .
)
Treasury Bulletin
10
.TRUST AND OTHER TRANSACTIONS.
Table !•- Summary of Trust and Other Transactions
(In millions of dollars)
Net receipts or
expenditures {-),
from trust
and other transactions
Fiscal ye
or month
Trust and deposit fund accounts
Excess of
receipts, or
exp endi tures
(
-
Net
receipts
1/
Net
expenditures
1/
Net sale, or investment
{-), by Government
agencies in public debt
securities 2/
Net sale, or redemption
(-), of securities of
Government agencies in
the market
1957
1958
1959
195
633
-329
1,363
829
-2,751
14,301
16,153
16,769
12,938
15,325
19,521
-2,339
-597
1,130
1,171
400
1,293
1960
1961
1962
1963
-50
-602
436
97
-870
790
-851
1,143
20,342
23,583
24,290
27,689
21,212
22,793
25,141
-925
-855
-493
-2,069
1,746
-537
1,780
1,022
30,163
30,872
29,315
29,372
-2,U6
1,681
-2,338
581
26, 545
1964 (Est.)...
1965 (Est.)...
-257
848
1,500
1963- July
August, .
September
192
-7
155
-1,232
1,449
-685
1,419
3,887
1,830
2,651
2,438
2,515
1,253
-1,784
575
171
328
265
October.
November.
December.
93
135
76
-1,304
795
-431
1,289
2,749
2,230
2,592
1,955
2,661
1,101
-481
-260
296
-179
767
1964- January.
February.
March. .
-130
-1,169
1,642
103
1,088
3,705
2,330
2,257
2,063
2,227
1,328
-830
-167
-289
-230
24
83
581
-41
.
Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
see page II); estimates are from the 1965 Budget document, released
January 21, 1964, including effects of proposed legislation.
Certain transactions are excluded from both receipts and expenditures
beginning with the July 1961 issue of the Bulletin. For details see
Table 6.
Source:
1/
2/
Includes guaranteed securities (see Table 4).
Note:
Figures in this table differ from those published prior to
August 1963 for shifts in classification including security transactions of Government-sponsored enterprises from deposit fund account
expenditures to net investment by Government agencies in public debt
securities, and net redemption of agency securities in the market; and
certain deposit fund account receipts from net receipts to net
expenditures.
Table 2.- Trust Receipts
(In millions of dollars)
Dis-
Fed.
Fiscal year
or month
FOASI
Trust
Fund
ability
Ins.
Trust
Fund
Railroad
Retirement
Account
Unemployment
Trust
Fund
National
Service
Life Insurance
Fund
Government
Life
Insurance Fund
Federal
employees'
retirement
funds
1957
1958
1959
7,101
7,824
8,109
339
943
929
723
695
758
1,912
1,855
1,997
608
640
634
67
63
1,397
1,458
1,741
I960
1961
1962
1963
10,360
11,824
12,011
13,856
1,062
1,083
1,092
1,145
1,403
1,051
1,081
1,128
2,703
3,803
3,985
4,261
643
668
664
658
61
58
54
52
1,766
2,033
2,086
2,255
1964 (Est.)...
1965 (Est.)...
15,846
16,271
1,198
1,228
1,202
1,279
4,191
3,933
667
664
50
48
1963-July
August
September
493
2,203
974
36
160
77
13
88
52
256
743
108
45
34
1
October.
November.
December.
442
1,534
1,218
35
112
187
460
162
47
1
33
40
1
104
34
84
68
1964- January
February.
March. .
112
2,170
1,380
7
15
92
53
34
2
159
99
234
735
114
1
42
2
. .
.
.
70
U
Source:
See Table 1.
Includes principally District of Columbia receipts from taxes and from
1/
Federal contributions, loans, and grants; funds appropriated to the
President - mutual security trust funds; Indian tribal funds; increment
resulting from reduction in the weight of the gold dollar; and the
Railroad Unemployment Insurance Administration Fund through November
1958 (for treatment after November 1958, see Table 10, published
quarterly)
These transactions are included in the detail
2/ For content see Table 6.
2
1
1
2/
^
Highway
Trust
Fund
Less:
Other
tnist
receipts
Tr.tal
1/
r&c-=ipts
trust and
o:.her
Interfund
transactions
^
Net
trust and
other
receipts
2,088
681
638
585
14,311
16,164
16,904
2,541
2,800
2,955
3,293
711
778
890
1,546
21,250
24,097
24,818
28,193
908
515
528
505
20,342
23,583
24,290
27,689
2,391
2,400
3,484
3,510
1,623
2,017
30,651
31,349
488
477
30,163
30,872
168
161
179
298
344
303
109
148
104
1,420
3,893
1,831
1
1,419
3,887
1,830
159
177
175
287
282
1,290
2,755
2,246
1
302
97
72
177
204
164
185
233
290
265
186
1,096
8
71
190
3,717
2,345
12
16
1,482
2,0W
10
11
135
6
1
6
16
14,301
16,153
16,769
1,289
2,749
2,230
1,088
3,705
2,330
of both trust receipts and trust expenditures, but are deducted from
the totals.
Excludes certain interfund transactions consisting mainly of financial
interchanges between trust funds resulting in receipts and expenditures (see footnote 2).
Beginning fiscal 1961, tax receipts under the Federal Unenployment Tax
Act are transferred currently to an administration account in the Unemployment Trust Fund pursuant to the Employment Security Act of I960,
approved September 13, I960 (42 U.S.C. 1101 (b)); see "Budget Receipts
and Expendittires," Table 1, footnote 12.
\
...
.
April
.
.
'
1964
11
.TRUST AND OTHER TRANSACTIONS.
Table 3.- Trust, Deposit Fund, and Government -Sponsored Enterprise Expenditures
(In millions of dollars; negative figures are excess of credits)
Trust and deposit funds
Federal Old-Age
and Survivors
Insurance Trust
Fund
Federal
Disability
Insurance
Trust Fund
1957
1958
1959
6,665
8,041
9,380
181
I960
11,073
11,752
13,270
Fiscal year
or month
Railroad
Retirement
Account
361
561
National
Service Life
Insurance
Fund
1,6U
515
3,148
3,054
5U
1,136
1,124
1,135
1,112
2,736
4,734 2/
3,906
3,815
682
730
778
1
Unemployment
Trust
Fund
Government
Life
Insurance
Fund
Federal
employees
retirement
funds
Highway
Trust
Fund
562
699
792
966
1,512
2,613
532
707
626
747
83
94
96
79
896
955
1,063
1,183
2,945
2,620
2,784
3,017
565
68
57
1,344
1,499
3,551
430
314
357
390
-32
-18
-1
591
H,530
196i (Est.)...
1965 (Est.)...
15,359
16,091
1,345
1,428
1,129
1,144
3,555
3,443
1963-July
August.
September
1,224
100
91
6
96
91
35
33
5
1,227
101
101
282
195
206
39
1,221
5
106
109
108
October.
November.
December.
1,222
1,217
1,179
105
^02
170
92
95
92
230
256
292
36
30
32
5
111
5
4
108
108
414
382
345
196i- January.
February.
1,234
1,253
1,272
103
106
107
99
422
572
443
205
17
102
37
5
110
108
241
179
39
5
115
226
1962
1963
.
March
. .
.
94
Trust and deposit
funds- (Continued)
Fiscal year
or month
Other
trust 3/
Deposit
funds
(net)
Government-sponsored enterprises (net) 4/
Total
trust and
deposit funds
Farm
Credit
Administration 5/
Federal
home loan
banks
expenditures
7/
12,938
15,325
19,521
21,212
22,793
25,141
26,545
1,467
29,803
29,849
488
477
29,315
29,372
1%1
1962
1963
697
835
1,208
-544
146
23,546
24,577
26,365
437
396
374
483
1964 (Est.)...
1965 (Est.)...
1,506
1,875
-116
-17
28,336
29,738
1963-July
Augus t . .
September
79
114
46
-85
-104
-16
2,124
2,112
2,218
115
October.
November.
December,
81
60
-172
-9
2,354
2,075
2,319
-1
2U
63
66
-115
-13
23
964- January .
February,
March...
103
82
99
-79
-112
-95
2,454
2,322
2,309
12
106
49
-487
872
363
1,200
-100
-161
-180
-202
458
235
290
8/
10
Net trust
and other
515
529
505
,636
2/
Interfund
transactions 6/
908
21
6/
Less:
-16
-10
4
22,120
23,308
25,669
27,050
-75
205
5/
1
484
-239
1,092
685
711
Source: See Table 1
1/ Secondary market operations, as provided in the Housing Act of 1954,
approved August 2, 1954 (12 U.S.C. 1719). Funds provided by the
Treasury (-), or repaid to the Treasury, are shown in a separate
column (and correspondingly are reflected net In budget expenditures).
2/ See Table 2, footnote 4.
2/ Includes principally District of Columbia operating expenditures) Funds
appropriated to the President - mutual security trust funds; Indian
tribal funds; expenditures chargeable against increment on gold; and
trust enterprise funds (net). The Railroad Unemployment Insurance
Administration Fund is included through November 1958 (see Table 10,
published quarterly), the Employees' Life Insurance Fund (net) and
the Employees Health Benefits Fund (net) beginning 1961.
4/ Previously shown as deposit funds (see Table 1, Note).
14
-9
-13
-134
-148
-154
I960
1
53
182
274
1
27
12,947
15,335
19,655
12,901
15,962
18,363
69
30
138
3,650
Total
trust
and
other
expenditures
946
-73
317
-730
42
-16
46
-627
1,292
216
-31
-61
413
Total
3
-104
-115
-124
565 8/
915 8/
672 8/
U7
Federal
Deposit
Insurance
Corporation
929
102
176
41
-42
-124
-628
854
1957
1958
1959
116
562
Other
operations
Financing
by Treasury
86
120
80
746
1,089
1,259
1961
Federal National
Mortgage Assoc. 1/
-4
-23
372
-1
-144
-281
-57
-72
-118
3
111
11
135
528
332
298
2,652
1
2,651
2,4U
6
2,516
1
2,438
2,515
240
-115
358
2,594
1,960
2,677
6
16
2,592
1,955
2,661
-189
-247
-67
2,265
2,075
2,242
12
16
2,257
2,063
2,227
1
Includes banks for cooperatives, Federal intermediate credit banks,
and Federal land banks.
For content see Table 6. These transactions are included in the
detail of both trust receipts and trust expenditures, but are
deducted from the totals.
Excludes certain interfund transactions consisting principally of
financial interchanges between trust funds resulting in receipts
and expenditures (see footnote 6).
Includes expenditures of the Federal intermediate credit banks which
were operated as trust fund enterprises from January 1, 1957, until
January 1959, when these banks were classified as Government.sponsored enterprises
Treasury Bulletin
12
.TRUST AND OTHER TRANSACTIONS.
Table 4.- Investments In Public Debt and Agency Securities (Net)
(In millions of dollars; negative figures are excess of sales)
..
April
,..
.
1964
13
.TRUST AND OTHER TRANSACTIONS,
Table 5«- Sales and Redemptiona of Government Agency Securities in Market^(Net]
(In millions of dollars; negative figures are excess of sales)
Securities not guaranteed by the United States
Securities guaranteed by the United States
Trust
enterprise
fund
Public enterprise funds
Fiscal year
or month
Total
guaranteed
Total 1/
Federal
Farm
Mortgage
Corporation
Federal
Housing
Administration
Home
Owners'
Loan
Corporation
G.
D.
stadium
fund
Public enterprise funds
Total not
guaranteed
1/
1957
1958
1959
-1,171
-ADO
-1,293
-33
-33
6
6
-10
-10
-1,137
-406
-1,283
I960
1961
1962
1963
-1,746
-1,780
-1,022
-29
-100
-204
-162
-28
-81
-204
-162
-1,717
638
-1,576
-860
1964 (Est.)....
1965 (Est.)....
-1,681
-581
-143
43
-143
43
-1,539
-625
1963- July
August. ..
September.
-171
-328
-265
-41
-27
-19
-41
-27
-19
-130
-301
-246
October. .
November.
December.
-296
179
-767
-12
-13
-24
-12
-13
-24
-284
192
-743
1964- January .
February.
March.
.
289
230
-24
-20
-31
-25
-20
-31
-25
309
261
537
.
.
.
-19
Federal
National
Mortgage
Association 2/
Federal
intermediate
credit
banks 2/
Home
Owners'
Loan
Corporation
136
-233
6
797
2
Securities not guaranteed by the United States - (Continued)
Public enterprise
funds - (Cont.)
Fiscal year
or month
Tennessee
Valley
Authority
Federal
intermediate
credit
banks 2/
-238
-225
1957
1958
1959
58
1960
1961
1962
1963
-50
-95
Government-sponsored enterprises
Trust enterprise funds
Federal
National
Mortgage
Association
4/
Banks
for
cooperatives
Federal
home
loan
banks
Federal
intermediate
credit
banks 2/
-46
-20
-86
-554
-340
-994
-284
86
-359
597
-46
-52
-48
-29
-144
-124
-132
-278
-250
-220
-192
-1,200
-227
-235
-180
-140
-69
-30
-1
191
282
200
-750
-975
1964 (Est.)...
1965 (Est.)...
-75
-75
183
-135
1963- July
August..
September
-25
10
33
18
-14
-46
-220
-264
15
91
-52
-299
92
«
lU
5
-63
-13
3
1964- January.
February.
March.
.
.
2
-22
23
Source;
See Table 1.
1/ See Table 1, Note.
2/
Classified as a public enterprise fund prior to January 1, 1957; as a
trust enterprise fund January 1, 1957, to January 1, 1959; and as a
Government-sponsored enterprise thereafter.
-230
-95
-242
-950
-115
-125
-40
-40
October.
November.
December.
Federal
land
banks
^
/^
»
-764
76
320
389
27
-12
-54
-52
Management and liquidating functions.
Secondary market operations.
Less than $500,000.
-174
-39
-52
...
,
u
Treasury Bulletin
.TRUST AND OTHER TRANSACTIONS.
Table 6.- Interfund Transactions Excluded from Both
Net Trust Account Receipts and Net Trust Account Expenditures
(In millions of dollars)
Fiscal year
or month
1957
1958
1959
Federal
Old-Age and
Survivors
Insurance
Trust Fund 1/
Federal Disability
Insurance
Trust
Fund 1/ 2/
Railroad
Retirement
Account
1/
y
,
,
I960
1961
1962
1963
,
,
1964 (Est.)...,
1965 (Est.)...,
Dnemployment
Trust
Fund 4/
423
as
1
6
13
22
3
2
9
10
211
132
101
38
86
32
37
9
18
10
13
23
21
1963- July
August...,
September,
October.
November.
December,
12
196^- January
February.
March. . .
7
11
.
1/
See Table 1.
Payments are made between the Railroad Retirement Account and the
Federal Old-Age and Survivors and Federal Disability Insurance trust
funds so as to place those funds in the position in which they
would have been if railroad employment after 1936 had been included
\inder social security coverage.
Includes interest on amounts reimbursed to the Federal Old-Age and
Survivors Insurance Trust Fund for administrative expenses.
Includes ten^jorary advances to the Railroad Unen^jloyment Insiirance
Account in the Unemployment Trust Fund when the balance in the
2/
2/
V
^
6/
U
Total
10
11
135
908
515
528
505
16
488
477
1
1
1
6
1
1
1
1
1
6
16
1
1
1
12
16
account is insufficient to meet payments of benefits and refunds due
or to become due.
Repayment of advances plus interest to the Railroad Retirement Account.
See footnote 3.
Transfers from the Civil Service Retirement and Disability Fund to
the Foreign Service Retirement and Disability Fund,
Contributions and beginning with 1958, transfers of deductions from
employees' salaries to the Civil Service Retirement and Disability
Fund.
*
10
12
12
13
1
15
Source:
y
District
of
Columbia G/
5
12,4
600
332
361
423
Federal
employees'
retirement
funds
Less than $500,000,
lie
I
m
April
1964
15
CONSOLIDATED CASH TRANSACTIONS
Consolidated cash transactions reported in the Treasury
Bulletin are on a basis consistent with Federal receipts from
both.
Nonc-ish items representing the obligations of
the
Government Vi make payments in the future also are eliminated
and payments to the public as derived in the Budget of the
from expenditures currently, but are added later when actual
United States (in the Budget for 1965 in Special Analysis A).
payments are made.
Shown also is the amount of net cash borrtwing from, or repay-
Eiccrued on the public debt and expenditures involving the
ment of borrowing to, the public.
Revisions of the figures for
earlier years have been made where necessary to make them as
nearly conparable with current Budget classifications as available data will permit.
For this reason certain of the figures
differ somewhat from those published in previous Budget doc-
cuments as well as in the Bulletin.
This 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 account of the Treasurer of
the United States.
Receipts and payments include transtictions
both in administrative budget accounts and in trust and deposit
fund accounts.
Major Intragovemmental transactions which are
reported as both expenditures and receipts are excluded from
These itans consist of certain interest
issuance of a few special public debt securities.
Checks
outstanding, deposits in transit, and other clearing accounts
are excluded from payments.
Receipts from the exercise of
monetary authority are excluded as not representing cash
received from the public.
Federal cash borrowing from the
pxjblic includes net borrowing by the TreaS'jry 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.
s
.
Treasury Bulletin
16
•CONSOLIDATED CASH TRANSACTIONS
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In millions of dollars)
Federal receipts from the public
Less:
Federal payments to the public
Equals:
Fiscal year
or month
Fiscal year;
1957
1958
1959
I960
1961
1962
1963
Administrative budget
receipts
Trust
and other
receipts
(net)
(net)
Intragovernmental and
other
noncash
transactions
(See Table 2)
Total
Federal
receipts
from the
publ i c
Administrative budget
expenditures
(net)
Trust and
other
expenditures (net)
Excess of
cash
receipts from,
or payments
to (-), the
public
Intragovernmental and
other
noncash
transactions
(See Table 2)
payments
-1,899
-3,222
-5,111
-3,423
-4,766
-5,266
-5,436
80,006
83,472
94,752
94,328
99,542
107,662
113,751
2,099
-1,580
-13,092
750
-2,300
-5,797
-4,012
122,704
122,690
-8,338
-2,948
10,045
11,287
9,549
10,740
9,812
10,069
-5,353
-328
2,102
-6,318
-194
433
Total
Federal
to the
public
70,562
68,550
67,915
77,763
77,659
81,409
86,376
14,301
16,153
16,769
20,342
23,583
24,290
27,689
-2,758
-2,811
-3,025
-3,027
-4,001
-3,834
-4,326
82,105
81,892
81,660
95,078
97,242
101,865
109,739
68,966
71,369
80,342
76,539
81,515
87,787
92,642
12,938
15,325
19,521
21,212
22,793
1964 (Est.)
1965 (Est.)
88,400
93,000
30,163
30,872
-4,197
-4,130
114,366
119,742
98,405
97,900
29,315
29,372
-5,016
1963-July
August
September
October
November
December
3,547
7,290
10,095
3,400
7,131
8,803
1,419
3,887
1,830
1,289
2,749
2,230
-273
-216
-274
-266
-264
-530
4,693
10,960
11,652
4,423
9,617
10,503
7,863
8,305
7,815
8,776
7,784
8,289
2,651
2,438
2,515
2,592
1,955
2,661
-468
5,853
8,047
10,148
1,088
3,705
2,^30
-313
-228
-309
6,628
11,525
12,168
8,492
7,521
7,871
2,257
2,063
2,227
-707
9,848
9,393
9,390
-3,219
2,132
2,778
64,313
20,528
-2,673
82,168
72,716
21,359
-3,942
90,134
-7,966
.•
1964-January
February
March
,
Fiscal year 1964 to date
Plus:
25,
Ul
26,545
-4, 581
545
-781
-629
73
-881
-902
-191
Cash borrowing from the public, or repayment (-)
Equals:
Cash balances,
net increase, or
Change in securities held by the public
Fiscal year
or month
Public
debt increase, or
decrease (-)
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
,
,
,
,
,
1964 (Est.)
1965 (Est.)
1963-July
August
September
October
November
December
,
. .
1964-January
February
March
Fiscal year 1964 to date
Net sales
of Government agency
securities in
market 1/
Net investment
in securities by
Government
agencies 2/
Total
securities
held by
the public,
increase, or
decrease (-)
-2,224
5,816
8,363
1,625
2,640
9,230
7,659
1,171
400
1,293
1,746
-537
1,780
1,022
-2,339
-597
1,130
-925
-855
-493
-2,069
5,619
10,785
2,446
1,248
10,517
6,612
5,940
5,200
1,681
-2,446
-2,338
-1,025
1,700
100
-193
1,773
1,132
171
328
265
296
-179
767
1,253
-1,784
-770
1,780
-767
-289
-230
24
1,328
-830
-167
3,730
1,152
734
581
575
1,101
-481
-260
-3,392
Noncash
debt
transactions
(See Table
2)
Total
cash
borrowing
from the
public,
or repayment (-)
Plus:
decrease (-)
Seigniorage
Treasurer'
2/
account
49
292
200
-2,160
-597
-536
-923
-1,033
-3,100
5,820
8,626
1,848
712
9,594
5,579
45
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
-810
-550
4,366
2,893
50
-3,916
3,U3
55
399
244
941
1,204
1,112
1,639
-128
-116
-101
-78
-163
-128
271
128
839
1,126
949
1,511
9
269
183
586
-946
9
6
-3,111
2,531
-911
-86
-133
-35
6
5,616
-968
4,648
52
5,176
720
Source: Actual figures are based on the monthly statement of receipts and
expenditures of the Government and the daily Treasury statement ( for
explanation of reporting bases, see pagell); estimates, including effect
of proposed legislation, are from the 1965 Budget document released
January 21, 1964.
1/ See "Trust and Other Transactions" Table 5, for net sales and redemptions
of Government agency securities in market.
2/
2/
59
44
53
55
58
2
4
5
6
5
-5,118
-152
2,938
-5,273
760
2,105
Gash held
outside
the
Treasury
5
140
-23
-4
-222
118
-74
Total
changes
in the
cash
balance
-952
4,299
-4,422
2,651
-1,533
3,854
1,611
-3,921
-151
-5,079
-196
2,947
-5,186
759
1,953
1,861
84
194
-23
-3,027
2,724
1,838
-3,460
195
-3,266
39
-43
9
87
«
See "Trust and Other Transactions", Table 4, for net investments
in public debt and agency securities.
Includes increment resulting from redaction In the weight of the
gold dollar; excluded from receipts from the public but included
in cash deposits in the Treasurer's aecount.
^
.
.
April
,,
.
1964
17
•CONSOLIDATED CASH TRANSACTIONS
Table 2.- Intragovernmental and Other Noncash Transactions
(In millions of dollars)
Intragovernmental transactions excluded from both receipts and payments
Civil service retirement l/|
Fiscal year
or month
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
on trust
Payroll
deductions
fund
investments
for em-
En^sloyers'
ployees
share
Interest
158
133
103
105
792 4/
561
898
2,709
2,751
2,980
2,975
3,945
3,776
4,281
49
2,758
59
2,81],
44
58
45
3,025
3,027
4,001
3,834
4,326
50
55
4,197
4,130
2
273
216
274
266
264
530
7U
7U
74A
838
845
914
838
845
914
66
37
75
54
74
102
88
1,578
1,657
941
954
941
954
94
134
530
378
4,U7
4
41
77
76
83
77
81
77
76
26
87
16
82
271
213
269
259
259
521
1963- July
August. . .
September,
October.
November.
December.
,
Total
525
579
1964 (Est.)...,
1965 (Est.)...,
<
,
,
13
62
49
302
196i- January.
February
March. ...
4
83
7
77
4
39
3
46
81
81
81
1
57
86
78
90
27
12
78
90
3
1
94
13
110
545
728
728
74
546
11
50
Fiscal year 1964 to date.
7U
Total
receipts
adjustments
Seigniorage
Other 2/
641
660
1,318
1,342
1,315
1,327
1,404
1,423
1,467
,
Federal
payments
to District
of Columbia
Noncash
debt
transactions
relating
to receipts
3/
53
55
4,075
4
5
6
5
9
303
222
313
228
304
9
6
6
309
2,621
52
2,673
Noncash debt transactions relating to payments
Fiscal year
or month
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
,
,
,
,
,
,
1964 (Est.)...,
1965 (Est.)
1963-July
August
September
October.
November.
December.
.
.
,
.
.
1964- January .
February,
March
.
Fiscal year 1964 to date.
Intragovernmental
transactions
(See
above)
2,709
2,751
2,980
2,975
3,945
3,776
4,281
Interest
increment
on savings
and retirement plan
bonds
(net)
Discount
on
securities
(net) 6/
V
336
385
383
136
430
496
577
4,U7
Adjusted
service
and
armed
forces leave
bonds 2/
United
Nations
funds
bonds
2/
International
Development
Association
7/
Total
noncash
International debt
Monetary transactions
Fund?/ relating to
payments
Accrued
interest
on the
public
debt 8/
Checks
outstanding
and
certain
other
accounts 2/
2/
52
-131
418
205
-209
55
145
119
70
25
772 10/
603 10/
4,075
InterAmerican
Development
Bank
271
213
269
259
259
521
75
32
52
35
14
16
50
81
47
48
303
222
304
76
84
18
W
2,621
503
264
50
22
58
58
14
-674
-450
1,361
259
258
171
255
39
67
22
58
-22
10
13
43
35
39
93
76
132'
6
18
186
810
550
14
-52
13
9
-292
-200
2,160
597
536
923
1,033
124
128
116
101
78
163
128
-705
463
417
-518
96
86
133
-684
35
503
968
710
573
563
557
Total
payments
adjustments
..
.
.
Treasury Bulletin
18
.
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Source and Availability of the Balance In the Treasurer's Account
The account of the Treasurer of the United States reflects not only budget receipts and expenditures but also
trust, deposit fund, and public debt transactions.
The working cash of the Treasury Is held mainly In
Treasurer's accounts with Federal Reserve Banks and branches.
the same bank.
On occasions, to the extent authorized by the
Treasury, banks
8u*e
permitted to deposit In these accounts
proceeds from subscriptions to public debt securities entered
for their own account as well as for the account of their
customers.
they are
The tax and loan account system permits the Treasury
restored by calling In (transferring) funds from the tax and
to leave funds In banks and In the communities In which they
loan accounts with thousands of commercial banks throughout
arise until such time as the Treasury needs the funds for Its
the country.
operations.
As the balances In these accounts become depleted,
Deposits
to tax and loan accounts occur In the normal
course of business under a uniform procedure applicable to
In this way the Treasury Is able to neutralize
the effect of Its fluctuating operations on bank reserves
and the economy.
payments and funds for the purchase of Government securities.
A detailed description of the Treasury's depositary
system may be found In the Annual Report of the Secretary
In most cases the transaction Involves merely the transfer of
of the Treasury for 1955,
all banks whereby customers of banks deposit with them tax
money troa a customer's account to the
pages 275-28'*.
and loan account In
tsix
Table 1.- Statue of the Account of the Treasurer of the United States
(In millions of dollars)
Assets
Treasury operating balance
End of
fiscal
year or
month
Available
funds in
Federal
Reserve
Banks
1957
1958
1959
/i98
1%0
Tax and loan
accounts in
special
depositaries
Gold in
Treasury
fund
Silver,
coin, and
currency
Unclassified
collections,
190
etc
In Federal
Reserve
Banks in
process of
collection
In other
depositaries
Liabilities
Total
assets
V
Balance in
account of
Treasurer
of U. £.
5,069
9,030
4,380
259
306
37
49
63
302
287
273
440
365
429
6,037
9,990
447
240
5,451
100 2/
253
179
147
58
64
70
337
222
303
375
335
121
7,068
5,969
9,548
Ul
8,092
6,769
10,509
120
11,251
136
74 2/
342
313
12,116
6,092
126
6,814
162
93
'34
284
7,586
629
705
9i8
5,564
5,389
7,958
131
6,324
6,229
9,025
148
142
158
39
105
202
168
188
285
275
309
6,998
6,846
9,783
6,998
6,346
9,783
October.
November.
December.
881
2,839
3,521
5,621
117
133
120
3,837
890
880
6,622
152
135
133
60
130
173
193
174
183
269
288
264
4,510
5,27J
7,375
4,510
5,270
7,375
96^- January
February.
March. .
791
2,451
126
134
121
194
141
59
122
224
260
188
376
4,783
6,940
3,368
5,928
7,887
162
1,02i
318
4,264
6,795
8,656
4,264
6,795
8,656
4,082
8,218
489
OO
535
3,7U
101
6,458
5,453
8,815
106
109
1962
504
i08
612
1963
806
10,324
1962-Deceoiber.
597
1963- July
August,
September
1961
.
1
Total
operating
balance
.
.
831
401
135
118
115
4,5U
Source:
Daily Treasury statement.
1/ Includes reserves and other deposits of the Board of Trustees, Postal
Savings System, and uncollected items, exchanges, etc., through
December 1962. Effective January 1963 balances of the Postal Savings
System funds were transferred to deposit fund accoxints and became
demand obligations of the Treasury. Balances of these funds, therefore, are no longer liabilities within the general account of the
Treasurer. Uncollected items, exchanges, etc., also previously shown
as liabilities were combined with "Unclassified collections, etc."
shown under assets. Treasurer's checks outstanding are included
33
2/
354
87
75
79
8,005
6,694
10,430
12,116
77
7,509
through June 1958, after which they are included in the balance in
the Treasurer's account.
(See footnote 2).
Through June 1958, the balance of the Treasurer was reduced when
Treasurer's checks were issued and the amount of the checks was
carried as a liability until paid. Effective July 1958, the balance
is not reduced until the checks are paid
a procedure also applying
to checks drawn on the Treasurer by Government disbursing officers
and agencies.
Amounts shown, beginning fiscal 1963, are net of uncollected items,
exchanges, etc. Previously these items were included under liabil,
2/
5,590
9,749
5,35c 2/
ities.
\
..
.
April
.
.
1964
19
ACCOUNT OF THE TREASURER OF THE UNITED STATES,
Table 2.- Analysis of Changes In Tax and Loan Account Balances
(In millions of dollars)
Credits
Balance
Proceeds from sales of securities iy
Fiscal year
or month
Savings
bonds
Retirement
plan
bonds
Tax
anticipation
securities
Other
Taxes
Duri..^ period
Income (by
Withheld special
and
arrangeexcise 2/ ment) 2/
Total
credits
I
I
U8
Withdrawals
End of
period
High
Low
813
1,078
26,709
27,881
29,190
4,152
7,903
5,919
45,
55,044
58,520
46,000
50,908
62,994
4,082
8,218
7,581
6,568
13,513
13,164
3,7U
6,078
8,869
8,055
7,78i
7,613
5,898
7,920
1,788
3,774
33,059
34,511
37,519
6,053
9,142
6,521
57,496
55,842
56,438
54,782
56,847
53,076
6,458
5,453
8,815
6,458
7,653
8,889
1,390
2,963
3,830
1957
1958
1959
2,976
2,82A
2,668
5,043
2,922
I960
1962
2,679
2,787
2,725
1963
2,699
912
Average
2,987
3,246
3,638
I
I
!
1961
1,161
1,531
4,103
4,151
4,457
j
,
41,267
6,835
57,595
56,085
10,324
10,324
2,535
5,325
1962-Dec ember.
209
3,933
1,596
5,738
5,374
6,092
6,188
2,735
4,560
1963-July
August. .
September
253
1,638
4,943
4,400
79
6,730
5,350
3,730
1,970
5,175
8,335
5,564
5,389
7,958
10,257
5,839
8,100
5,432
4,C11
3,169
7,076
231
1,412
60
1,748
6,813
4,022
4,792
2,839
4,504
4,449
1,694
4,704
6,892
8,090
3,618
5,970
2,434
2,241
2,428
4,565
3,076
4,082
1,825
5,707
7,108
4,995
3,375
4,951
2,451
6,005
4,891
7,437
2,166
2,323
2,743
3,405
3,459
5,013
October.
November
December.
1
96a- January
February
March.
.
.
.
204
222
200
221
475
302
2i8
223
Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports
Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U. S. Government obligations
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting subscriptions to the issues.
Taxes eligible /or credit consist of those deposited by taxpayers .in
Withheld income tax beginning
the depositary banks, as follows:
1,499
5,459
23
4,688
2,197
Source:
1/
2/
2/
•
5,765
3,521
5,621
4,783
6,940
5,081
5,432
March 1948; taxes on employers and employees xinder the Federal
Insxirance Contributions Act beginning January 1950, and under the
Railroad Retirement Tax Act beginning July 1951; and a number of
excise taxes beginning July 1953.
Under a special procedure begun in March 1951, authorization may be
given for income tax payments, or a portion of them, made by checks
of $10,000 or more drawn on a special depositary bank, to be credited
This procedure is
to the tax and loan account in that bank.
followed during some of the quarterly periods of heavy tax payments
Less than $500,000.
.
Treasury Bulletin
20
•ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table 3,- Summary of Cash Transactions through the Account of the Treapurer
of the United States
(In millions of dollars)
Net cash transactions other than borrowing
Period
Deposits and withdrawals (budget,
trust, and other accounts)
Excess of deposits,
or withdrawals (-)
Clearing
accounts
Total net
transactions
Plus:
Net cash borrowing, or repayment of
borrovfing (-)
Treasurer's
account balance, increase, or decrease (-)
Equals:
Cash
deposits
Cash withdrawals 1/
81,875
82,094
81,612
77,279
85,015
93,736
4,596
-2,921
-12,124
-1,904
1,827
-306
2,692
-1,094
-12,430
-3,648
5,253
8,032
-956
4,159
-4,399
94,862
96,897
105,911
114,454
93,817
97,774
112,188
118,477
1,044
-877
-6,278
-4,023
309
-510
1,259
1,039
1,353
-1,387
-5,018
-2,984
1,301
76
8,755
4,670
2,654
-1,311
3,736
1,686
114,416
119,797
122,699
122,690
-8,283
-2,893
-8,283
-2,893
4,366
2,893
-3,916
5,512
11,764
11,654
10,339
11,857
9,142
-4,826
-94
2,512
-477
-85
-332
-5,303
-179
2,180
185
26
758
-5,118
-152
2,938
October
November
December
4,852
10,123
10,401
11,232
10,354
9,261
-6,380
-230
1,141
150
-433
-6,229
-229
708
956
988
1,397
-5,273
760
2,105
1964- January
February
March
7,278
12,187
13,419
11,084
10,874
9,862
-3,806
1,313
3,557
520
672
-760
-3,285
1,985
2,797
174
546
-936
-3,111
2,531
1,861
F.Y. 1964 to date.
87,192
94,005
-6,813
-742
-7,556
4,095
-3,460
Fiscal year:
1957
1958
1959
-
I960
1961
1962
1963
,
196i (Est.)
1965 (Est.)
1963-July
August
September.
Source:
. .
Actual figures are based on the daily Treasury statement; estimates,
including effects of proposed legislation, are from the 1965 Budget document, released January 21, 1964.
Figures in the first four columns of
this table may differ somewhat from those originally published in the
daily Treasury statement because of subsequent reclassification of
certain transactions.
2/
2
1/
2/
Beginning with the February 1963 Bulletin figures have been revised,
as shown in daily Treasury statements beginning January 2, 1963, to
exclude transactions of clearing accounts.
Previously included under cash withdrawals. See footnote 1,
'
..
..
April
...
21
1964
DEBT OUTSTANDING
Table 1.- Summary of Federal Securities
(In millions of dollars)
Matured debt and debt bearing no interest
Interest-bearing debt
Total outstanding
Public debt
End of
fiscal
year or
month
Total 1/
Public
debt 2/
Guaranteed
securities
Total
Public
debt
Guaranteed
securities
y
2/
Total
Matured
529
597
4/
1957
1958
1959
/270,63i
4U
270,527
276,343
284,706
107
101
111
268, 592
276,
284, 817
274,798
281,944
268,486
274,698
281,833
106
101
110
2,042
1,646
2,873
2,042
1,646
2,873
I960
1961
286,471
289,211
298,645
286,331
288,971
298,201
140
240
283,380
285,911
294,886
283,241
285,672
294,442
139
240
3,090
3,300
3,759
3,090
3,299
3,759
U5
1962
,
306,466
1963
444
476
International
Monetary
Fund
International
Development
Association
Guaranteed
InterAmerican
Development bank
secxiri-
Other
430
417
407
396
438
2,238
2,496
2,667
115
55
484
310
2,922
129
125
420
349
58
607
302,559
301,954
3,907
3,906
303,470
518
299,726
299,209
517
4,262
4,261
551
3,012
151
125
422
300,938
302,525
302,664
645
673
692
3,898
4,011
3,972
3,896
4,010
3,971
263
310
273
2,961
3,028
3,028
129
129
129
125
125
125
418
417
416
1963- July
August.
September
305,482
307,209
307,328
304,835
306,535
306,635
647
674
693
301,583
303,197
303,356
October.
November.
December.
307,147
308,933
310,089
306,442
308,215
309,347
705
718
742
303,163
304,811
305,955
302,458
304,093
305,213
704
717
741
3,984
4,122
4,134
3,984
4,121
4,133
264
336
349
3,036
3,036
3,036
129
187
164
125
125
125
430
438
459
309,339
311,150
310,408
308, 577
762
793
818
305,254
306,919
306,222
304,499
306,132
305,405
755
787
817
4,085
4,231
4,186
4,078
4,225
4,185
295
311
266
3,036
3,166
3,171
164
164
164
125
125
125
459
459
459
.
196/V-January.
February.
March. .
.
310,357
309,590
Daily Treasury statement.
Source:
For
1/ Includes certain obligations not subject to statutory limitation.
amounts subject to limitation, see page 1.
Government
Includes debt incurred for advances to certain wholly owned
2/
agencies in exchange for which their obligations were issued to the
Treasury (see Table 6).
1/ Held outside the Treasury.
4/
y
6/
ties 2/
{ matured)
444
1,068
618
1,979
605
305,860
303,988
1962-December.
444
^
Special notes to Total
Consists of Federal Housing Administration debentures, and also D.C.
Armory Board stadium bonds beginning July 1959.
Special notes of the United States issued to the International Monetary
Inter-American
Fund, the International Development Association, and the
Development Bank in payment of part of the U. S. subscription to each.
Table 2.
For current month detail, see "Statutory Debt Limitation,"
Interest Rate on Federal Securities
Table 2.- Computed Interest Charge and Computed
(Dollar amounts in millions)
Computed annual interest rate
Total interest-bearing sectiritles
Amount
outstanding
End of
fiscal year
or month
Public debt
and guaranteed securities 1/
Public
debt
Computed annual
interest charge
Public debt
and guaranteed securities 1/
Public
debt
Public debt
Total
interestbearing
securities
Marketable issues
Total
public
debt
Total
Bills
1/
Certificates
Treasury
bonds
Nonmarketable
issues
Special
issues
Guaranteed
securities
1/
JiL
1958
1959
268,592
274,798
281,944
268,486
274,698
281,833
7,328
7,248
8,o69
7,325
7,245
8,066
2.730
2.638
2.867
2.730
2.638
2.867
2.707
2.546
2.891
3.197
1.033
3.316
3.345
3.330
2.842
2.504
2.806
3.304
2.482
2.576
2.619
2.853
2.892
2.925
2.635
2.630
2.694
2.611
2.622
2.628
I960
1961
1962
1963
283,380
285,911
294,886
302,559
283,241
285,672
294,442
301,954
9,320
8,769
9,534
10,141
9,316
8,761
9,519
10,119
3.297
3.072
3.240
3.361
3.297
3.072
3.239
3.360
3.449
3.063
3.285
3.425
3.815
2.584
2.926
3.081
4.721
3.073
3.377
3.283
4.058
3.704
3.680
3.921
2.639
2.829
3.122
3.344
3.219
3.330
3.364
3.412
2.772
2.803
2.891
3.003
2.681
3.144
3.500
3.658
3.298
3.297
3.357
2.989
3.362
3.852
3.584
9,841
2.898
9,859
3.395
299,726
299,209
3.241
1962-December
1963- July
August
September.
301,583
303,197
303,356
300,933
302,525
302,664
10,151
10,290
10,368
10,128
10,265
10,342
3.375
3.403
3.428
3.374
3.402
3.428
3.440
3.479
3.512
3.147
3.248
3.340
3.283
3.216
3.213
3.921
3.902
3.899
3.344
3.359
3.416
3.415
3.419
3.433
3.018
3.043
3.039
3.673
3.685
3.700
303,163
304,811
305,955
302,458
304,093
305,213
10,457
10,561
10,631
10,431
10,534
10,603
3.460
3.476
3.487
3.460
3.476
3.486
3.545
3.564
3.578
3.469
3.538
3.596
3.213
3.250
3.250
3.918
3.863
3.862
3.417
3.417
3.417
3.436
3.438
3.U3
3.085
3.104
3.103
3.718
3.728
3.736
3.506
3.532
3.537
3.506
3.531
3.537
3.602
3.637
3.643
3.670
3.689
3.715
3.250
3.250
3.250
3.848
3.863
3.863
3.448
3.457
3.457
3.446
3.447
3.450
3.107
3.124
3.135
3.740
3.751
3.770
1957
October
November.
December.
1964- January
February.
March
.
. .
.
.
.
.
305,254
306,919
306,222
304,499
306,132
305,405
10,665
10,800
10,792
10,636
10,770
10,761
Source:
On the basis of the daily Treasury statement.
Note:
The computed annual interest charge represents the amount of interest
end
that would be paid if each interest-bearing issue outstanding at the
at the
of each month or year should remain outstanding for a year
each
applicable annual rate of interest. The charge is computed for
issue by applying the appropriate annual interest rate to the amount
outstanding on that date (the amount actually borrowed in the case of
securities sold at a premium or discount, beginning with May I960).
the
The aggregate charge for all interest-bearing issues constitutes
total computed annual interest charge. The average annual interest
rate is computed by dividing the computed annual interest charge for
1/
2/
1/
the corresponding princithe total, or for any group of issues, by
the compupal amount. Beginning with data for December 31, 1958,
issues sold at
tation is based on the rate of effective yield for
the coupon
premium or discount. Prior to that date it was based on
rate for all issues.
Treasury.
the
outside
Guaranteed securities included are those held
Total includes "Other bonds" through 1960; see Table 3.
value is
Included in debt outstanding at face amount, but discount
interest rate.
used in computing annual interest charge and annual
is applied
On United States savings bonds the rate to maturity
against the amoiint outstanding.
...
.
Treasury Bulletin
22
DEBT OUTSTANDING
4
Table 3.- Interest-Bearing Public Debt
(In millions of dollars)
Public issues
Total
interestbearing
public
debt
End of
fiscal
year or
month
Marketable
Nonmarketable
Treasury
Total
public
Total
issues
Bills
Certificates
savings
bonds
bonds,
investment
series
n.
Treasurybonds 1/
Notes
S.
Foreign
Depositary
bonds
Foreign
series
securities 2/
CTirrency
series
securities
Other
4/
Special
Issues
y
268,486
274,698
281,833
221,658
228,452
237,078
155,705
166,675
178,027
23,420
22,406
32,017
20,473
32,920
33,843
30,973
20,416
27,314
80,839
90,932
84,853
65,953
61,777
59,050
54,622
51,984
50,503
11,135
9,621
8,365
196
171
183
i960
1961
1962
283,241
285,672
294,442
238,342
240,629
249,503
183,845
187,148
196,072
33,415
36,723
42,036
17,650
13,338
13,547
51,483
56,257
65,464
81,297
80,830
75,025
54,497
53,481
53,431
47,544
47,514
47,607
6,783
5,830
4,727
170
117
138
860
75
19
25
1963
301,954
257,153
203,508
47,230
22,169
52,145
81,964
53,645
48,314
3,921
103
648
630
29
44,801
1962-Dec..
299,209
255,784
203,011
48,250
22,710
53,679
78,371
52,772
47,535
4,443
110
360
299
26
43,426
1963- July,
300,938
302, 525
302,664
203,491
203,233
204,282
47,222
47,219
48,218
22,169
16,988
15,494
52,154
58,562
54,114
81,946
80,463
86,456
53,723
53,773
53,732
48,427
Aug..
Sept.
257,214
257,006
258,014
43,597
3,899
3,882
3,813
103
102
101
610
505
488
655
705
705
29
29
28
43,724
45,519
44,650
Oct..
Nov.
302,458
304,093
305,213
259,175
260,540
261,555
205,347
49,720
50,521
51,539
15,493
10,939
10,939
53,695
58,^66
58,680
36,439
86,424
86,413
53,828
53,989
53,984
48,687
48,793
48,827
3,719
3,704
3,685
99
98
98
559
632
582
735
735
760
29
28
43,283
43,553
43.658
304,499
306,132
305,405
262,581
263,249
262,184
208,589
209,218
208,223
52, 547
10,939
4,198
4,198
56,444
64,457
64,478
88,658
87,013
86,998
53,993
54,031
53,961
48,925
49,046
49,101
3,649
3,638
3,613
97
97
98
505
435
373
760
760
710
1957
1958
1959
,
Dec.
1964- Jan.,
Feb..
Mar..
206, 551
207,571
53,550
52,548
48, 549
46,827
46,246
44,756
44,899
45,043
U,939
32
41,917
42,883
43,221
5'-
55
64
_L
Source:
Daily Treasury statement.
1/ Includes $50 million of Panama Canal bonds for fiscal years 1957-60.
2/ Consists'of certificates of indebtedness and from January 1963 Treasury
notes sold to foreign governments for U.S. dollars.
2/ Consists of the dollar equivalent of Treasury certificates of
indebtedness and from October 1962 Treasury bonds issued and
payable in designated foreign currencies.
Includes mainly Treasury bonds, Rural Electrification Admini.sfration series beginning July 196C and retire-iient plan bonds c;;Iiining
January 1963.
Table 4.- Average Length and Maturity Distribution of Marketable Interest-Bearing Public Dcct
(In millions of dollars)
Maturity classes
End of
fiscal year
Amount
outstanding
Within
1 year
years
1
-
5
5
- 10
years
10 - 20
20 years
years
and over
Averftgp length
1957
1958
1959
155,705
166,675
178,02?
71,952
67,782
72,958
40,669
42,557
58,304
12,328
21,476
17,052
26,407
27,652
21,625
4,349
7,208
8,088
4 yrs.
5 yrs.
4 yrs.
I960
1961
1962
1963
183,845
187,148
196,072
203,508
70,467
81,120
88,442
85,294
72,
8U
58,400
57,041
58,026
20,246
26,435
26,049
37,385
12,630
10,233
9,319
8,360
7,658
10,960
15,221
4 yrs.
4 yrs.
4 yrs.
5 yrs.
1962- December.
203,011
87,284
61,640
33,983
4,565
1963- July
August . . .
September.
203,491
203,233
204,282
85,286
85,976
83,070
58,035
60,856
58,085
37,376
33,622
39,100
8,359
8,359
8,358
October.
November.
December.
205,347
206,551
207,571
84, 556
88,385
89,403
57,678
56,660
58,487
39,097
37,500
35,682
8,358
8,358
8,357
1964- January . .
February.
March
208,589
209,218
208,223
57,509
63,392
63,413
37,900
36,053
36,047
8,357
8,357
8,356
.
88,U5
85,046
84,0U
\\
14,44.;
4 yrs.
14,43.5
5 yrs.
14,420
15,669
5 yrs.
15,'.4B
5
15,642
5
16,378
16,372
16,363
5
5
5
5
5
yr£.
yr-.
yrs.
yrs.
yrs.
yrs.
yrs.
3
.
1964
April
23
DEBT OUTSTANDING
Table 5.- Special Public Debt Issues to United States Government Investment Accounts
(In millions of dollars)
End of fiscal
year or month
Total
1957
1958
1959
i6,827
46,2i6
I960
1961
1962
W,899
1963
4i,801
1962- December.
Federal
Deposit
Insurance
Corporation
718
673
629
Federal
Disability
Insurance
Trust
Fund
Federal
home
loan
banks
103
112
116
59
50
16,413
74
15,074
104
138
182
372.
14,221
51
13,669
2,094
2,140
2,136
108
86
126
13,495
14,500
14,224
71
72
2,045
1,974
1,925
130
76
324
13,302
13,571
13,648
75
183
179
1,845
1,833
1,820
140
65
58
12,7b4
13,207
13,452
50
165
165
500
2,017
2,299
2,304
260
2,165
43,426
443
2,145
1963- July
August. .
September
43,724
45,519
259
277
270
October.
November,
December.
43,283
43,553
43,658
273
1964- January.
February.
a, 917
42,883
43,221
45,043
44,939
March.
.
.
U,650
Federal
Savings
and Loan
Insurance
Corporation
19,463
18,610
17,227
325
996
1,533
U,756
Federal
Old- Age
and
Survivors
Insurance
Trust Fund
694
556
16, 200
Federal
employees'
retirement
funds
Government
Life
Insurance
Fund
Highway
Trust
Fund
5,63^
234
436
5,530
4,625
4,657
138
192
156
1,003
678
5,714
2,786
4,803
263
11,707
1,002
285
5,763
2,996
5,108
139
12,486
12,548
12,616
999
997
992
655
704
5,720
5.72o
3i
2,813
2,807
2,754
4,678
5,322
4,872
318
315
283
12,664
12,755
12,819
989
985
981
465
378
332
5,740
5,745
5,752
2,712
2,708
2,687
4,678
4,929
4,804
187
314
263
12,857
12,914
12,989
967
964
959
400
512
512
5,601
5,603
5,604
2,609
2,590
2,580
4,315
4,630
4,457
299
519
1
10,414
11,382
98
12,438
119
92
Daily Treasury statement.
Source:
1/ Includes Canal Zone Postal Savings System thi'ough 1959.
2/
Consists of: Adjusted Service Certificate Fund (through December l°3(')t
2/
3,586
3,504
3,316
107
1,071
1,028
59
Other
5,803
5,759
5,804
39"^
84
Unemployment
Trust
Fund
123
120
126
404
51
1/
Railroad
Retirement
Account
3,531
3,417
1,200
1,144
1,127
46
Postal
Savings
System
5,570
5,665
5,742
7,394
7,738
8,608
98
National
Service
Life
Insurance
Fund
-^ ,
1
,
822
429
547
-
^-
3
26
,
47 5
7,996
6,671
286
various housing insurance funds. Veterans' Special Term Insurance Fund,
and be;:'Jn!d."i2 March V^b3, the Exchange Stabilization Fund.
Les? t-,n;, ^500,000.
,
.,
Treasury Bulletin
24
DEBT OUTSTANDING
Table §•- Trea«!ury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Agriciilture Department
Agency
End of
fiscal
year or
month
Total
for
Inter-
national
Development 1/
Rural
Commodity
ElectriCredit
fication
CorpoAdminisration
tration
Secretary:
Farmers'
Home
Administration
programs
Housing and Home
Finance Agency
ExportImport
Bank of
Washington
2/
2/
22,731
21,859
25,343
1,198
1,188
1,164
13,383
11,528
12,874
2,519
2,728
2,923
25,636
2f,011
28,634
29,166
1,138
1,107
1,062
807
12,704
11,534
12,990
13,599
3,155
3,332
3,484
3,657
1962-December.
28,748
818
12,884
1963- July
August.. .,
September,
27,335
27,723
27,744
757
757
757
October, .
November.
December.
28,149
28,490
28,748
196^-January.
February.
March
29,131
29,253
29 300
1957
1958
1959
I960
1961
1962
1963
,
.
,
Federal
Adminis- National
trator
Mortgage
Association
^
265
256
323
1,205
1,528
1,937
282
476
369
Public
Housing
Administration
Saint
Lawrence
Seaway
Development
Corporation
Tennessee
Valley
Authority
Veterans'
Administration:
Direct
loan
program
Under
Defense
Production
Act
Other
1^
of 1950
6/
730
1,741
1,502
2,351
41
35
27
48
97
112
733
780
930
1,294
1,723
1,950
18
22
1,027
1,636
1,698
1,830
1,476
977
1,213
1,567
2,005
2,338
3,202
3,167
2,716
29
32
32
25
118
121
121
123
50
1,180
1,330
1,530
1,730
1,970
1,964
1,976
l,q23
21
22
22
29
3,572
973
1,680
1,778
3,166
83
121
25
1,640
1,986
22
11,880
12,205
12,280
3,737
3,737
3,737
1,053
1,062
1,067
1,281
1,290
1,275
2,033
2,085
2,085
2,682
2,642
2,609
54
96
50
50
61
123
123
123
75
1,730
1,730
1,730
1,922
1,912
1,912
34
34
35
756
756
746
12,618
12,913
13,250
3,830
3,830
3,749
1,104
1,105
1,093
1,259
1,302
1,274
2,115
2,140
2,180
2,580
2,558
2,543
39
37
65
123
123
122
50
50
50
1,730
1,730
1,730
1,911
1,911
1,911
35
35
35
746
746
746
13,361
13,532
13,709
3,839
3,839
3,839
1,145
1,139
1,140
1,239
1,234
1,186
2,220
2,257
2,258
2,556
2,523
2,491
154
122
122
123
75
50
50
1,730
1,730
1,730
1,910
1,987
1,997
34
33
33
456
854
Source: Daily Treasury statement.
Note:
These securities were issued to the Treasury in exchange for advances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury.
Further detail may be found in the 1962
Annual Report of the Secretary of the Treasury, page 850, and the 1963
Combined Statement of Receipts, Expenditures and Balances of the United
States Government, pages 505-506,
And
predecessor agencies. Beginning fiscal 1957 figures exclude notes
1/
previously issued by the Administrator in connection with informational
media guaranties.
The obligations for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C, 1442), and the notes together with
others issued for the same purpose are included in "Other."
Farm housing and other loan programs, and Agricultural Credit Insurance
2/
Fund ( formerly Farm Tenant Mortgage Insurance Fund)
2/ Includes securities transferred from the Reconstruction Finance Corporation, but excludes securities Issued under the Defense Production
Act.
4/ Consists of notes issued to borrow for:
The urban renewal program
^
^
(formerly sliim clearance program); college housing loans; and public
facility loans.
Consists of liabilities taken over by the Association from the
Administrator in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d), and 1721 (d)) and also securities transferred from
the Reconstruction Finance Corporation.
Consists of notes of:
The Administrator, General Services Administration, for defense materials procurement; the Secretary of Agriculture;
the Secretary of the Interior (Defense Minerals Exploration Administration)
the Export- Import Bank of Washington through March 1962;
and the Secretary of the Treasury.
Consists of notes issued by the:
Secretary of the Treasury; Small
Business Administration, fiscal year 1957; United States Information
Agency for informational media guaranties (see footnote 1);
Secretary of Commerce (Maritime Administration) for the Federal
Ship Mortgage Insurance Fund fiscal years 1959-61, and 1963-64,
beginning March 1963; Virgin Islands Corporation beginning fiscal
1960; and District of Columbia Commissioners for the Stadium
Sinking Fund beginning June 1962.
;
7/
60
21
..
.
25
April
1964
,
DEBT OUTSTANDING
,
Table 7.- Interest-Bearing Securities Issued by Federal Agencies But Not
Guaranteed by the United States Government
(
End of fiscal
year or month
Total
Banks for
cooperatives
In millions of dollars)
Federal
home loan
banks 1/
Federal
intermediate
credit banks
Federal land
banks 2/ 2/
Federal National
Mortgage Association
Management
and liquidating issues
5,013
5,i23
6,708
179
199
284
738
456
992
924
1,159
1,456
1,552
1,646
1,888
^70
1957
1958
1959
8,i07
7,765
9,332
330
382
430
1,259
1,055
1,797
1,600
1,723
1,855
2,137
2,357
2,550
797
I960
1961
1962
10,192
459
2,770
2,133
1963
1962-Deoember.
10,133
504
2,707
797
797
Tennessee
Valley
Authority
All other
issues
1,050
1,165
1,290
2,284
2,198
2,556
145
2,725
1,960
145
1,727
2,628
2,422
145
1,950
1,916
1,899
170
170
170
50
1963- July
August ...
September
10,322
10,62i
10,870
459
473
473
2,816
3,036
3,299
2,202
2,232
2,233
2,725
2,796
2,796
October.
November.
December.
11,151
10,958
11,705
526
526
588
3,599
3,599
4,363
2,139
2,027
1,884
1,792
1,788
170
180
180
1,952
2,834
2,834
2,834
196^-January.
February,
March. . .
11,395
11,111
11,133
588
588
586
4,043
3,653
3,627
1,964
2,018
2,069
2,834
2,886
2,886
1,786
1,786
1,785
130
180
180
Office of Debt Analysis and agency reports.
Source:
offerings.
The securities shown in the table are public
Note:
these banks ended
The proprietary Interest of the United States in
1/
in July 1951.
2/
3/
in these banks ended in
The proprietary interest of the United States
June 1947.
„„i
„
„
coluse as
issued^ for
Figures do not include securities Which are
as a part of public
lateral for commercial bank borrowing and not
banks.
Includes small amounts owned by Federal land
offerings.
Treasury Bulletin
26
STATUTOEY DEBT LIMITATION
rhe Second Liberty Bond Act (31 U.S.C, 757b), as amended by
an act approved June 30, 1959, provides that the face amount of
obligations issued under authority of that act, and the face
amount of obligations guaranteed as to principal and interest
by the United States (except guaranteed obligations held ty
the Secretary of the Treasury) shall not exceed in the aggregate |285 billion outstanding at any one time. The corresponding limitation in effect under the act of June 26, 19^,
was $275 billion and that under the act of September 2, 1958,
was $233 billion. In addition, temporary increases have been
authorized as follows:
$6 billion from August 28, 195i,
through June 30, 1956 (acts of August 28, 195<i, and June 30,
1955); $3 biUion from July 1, 1956, through June 30, 1957 (act
of July 9, 1956); |5 billion from February 26, 1958, through
June 30, 1959 (act of February 26, 1958); 510 billion from
July 1, 1959, through Tune 30, I960 (act of June 30, 1959); $8
billion from July 1, I960, through J\ine 30, 1961 (act of June
30, I960); |13 billion from July 1, 1961, through March 12,
1%2, and
|15 billion from March 13 thronagh June 30,
1%2
(acts
of June 30, 1961, and March 13, 1962); $23 billion from July
1,
1962, thro-jgh March 31, 1963, $20 billion from April 1 through
May 28, 1%3, $22 billion from May 29 through June 30, 1963,
and $24 billion from July 1 through Jiine 30, 196-i (acts of
July 1, 1%2, May 29, 1%3, August 27, 1%3, and November 26,
1963, and an additional $6 billion, making a total of $30 billion, from December 1, 1963, through June 29, 196i (act of
November 26, 1963)).
Table 1.- Status Under Limitation March 31, 1964
(In millions of dollars)
Maximum amount of securities which may be outstanding at any one time under limitation imposed by the act
of June 30, 1959 (31 O.S.C. 757b), as increased temporarily by the act of November 26, 1963
Amount of securities outstanding subject to such statutory debt limitation:
U. S. Government securities issued under the Second Liberty Bond Act, as amended.
Guaranteed securities held outside the Treasury
315,000
309,227
818
Total amount of securities outstanding subject to statutory debt limitation.
310,0^5
Balance issuable under limitation
Source:
A,953
Dally Treasury statement.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding March 31, 1964
(In millions of dollars)
Class of security
Public debt
Interest-bearing securities:
Marketable:
Treasury bills
Certificates of indebtedness.
Treasury notes
Treasury bonds
Subject to statutory
debt limitation
:
Total marketable.
Nonmarketable:
Foreign series:
Certificates of indebtedness
Treasury notes
Foreign currency series:
Certificates of indebtedness
Treasury bonds
Treasury certificates
Treasury bonds
U. S. savings bonds (current reden^tion value).
U. S. retirement plan bonds
Depositary bonds
Treasury bonds, investment series
Treasury bonds, R. E, A. series
Total nonma-Tketable.
Special issues to Government agencies and trust funds.
Total interest-bearing securities
Matured sectirities on which interest has ceased
Debt bearing no interest:
United States savings stamps.
Excess profits tax refund bords
Special notes of the United St-ates:
International Monetary Fund series
International Development Association series
Inter-American Development Bank series
Special bonds of the United States:
United Nations Children' s Fund series
United Nations Special Fund series
United Nations F.A.O. World Food Program series
United States notes (less gold reserve)
Deposits for retirement of national bank and Federal Reserve Bank notes.
Other debt bearing no interest
Total debt bearing no interest
Total public debt
Guaranteed securities: 1/
Interest-bearing
Matured
Total guaranteed securities
Total public debt and guaranteed securities.
52,5^8
-i,198
64,478
86,998
208,223
Not subject to statutory
debt limitation
Total
outstanding
..
)
27
i964
April
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding March 31, 1964
Other Than Regular Weekly Treasury Bills
(In millions of dollars)
Amount of maturities
Held by
Year
and
month
of final
maturity
Total
V
1964
l-l/2i6 Note
Apr.
3.062* Bill
May... 3-1/4* Certificate
4-3/4* Note
3-3/4* Note
3.650* Bill
( tax ant
June.
4/1/64-EA
4/15/64
457
2,501
5/15/64-B
5/15/64-A
5/15/64-D
4,198.
6/22/64
2,501
4,400
2,016
.
July.
3.582* Bill
7/15/64
1,998
Aug..
Note
5*
3-3/4* Note
3.575* Bill
8/15/64-B
8/15/64-E
8/31/64
2,045
4,085
1,001
Sept.
3.586*
BUI
9/30/64
1,002
Oct..
1-1/2* Note
3.633* Bill
10/1/64-EO
10/31/64
490
1,000
Nov.
S. Govt,
investment
accounts
and Fed.
Res. Banks
U.
Description of security
.
Treasury Bulletin
28
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding March 31, 1064
Other Than Regular Weekly Treasury Bills - (Continued)
'
In millions of dollars)
\
1964
April
29
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
(Amounts In
ndlHonB of dollars)
Description of new iasue
Issue date
Number of
days to
maturity 1/
Maturity
date
Amount of
bids
tendered
Amount of bids accepted
Total
amount
Regular Meekly bills;
1963- Dec
1964-Mar.
5
.
Jxine
4
91
182
1,909.9
1,312.9
1,300.5
800.0
5
Dec.
12
Mar.
June
12
11
91
182
2,176.1
1,769.2
1,300.3
801,0
Dec.
19
Mar.
June
19
18
91
182
2,009.9
1,576.4
1,301,3
800,2
Dec.
26
Mar.
J\me
26
91
182
2,048,1
1,724,4
1,309,1
804.3
Apr,
July
91
182
2,085,4
1,446,8
1,301,3
800,5
Apr,
91
182
2,050,9
1,388.2
1,300.8
800.4
16
16
91
182
2,349.1
l,7a.l
1,301.1
800.4
July
23
23
91
182
2,634.9
1,733.4
1,303.4
800.6
Apr.
July
30
30
91
182
2,167.1
1,572.0
1,300.5
800.3
91
182
2,084,1
1,658.6
1,300.5
900.4
2
1964-Jan.
Jan.
9
Jan.
16
Jan.
23
Jan.
30
Feb.
6
Feb.
13
Feb.
20
Feb.
27p
Mar .
5p
Mar.
12p
Mar.
19p
Mar.
26p
25
July
Apr.
July
Apr.
May
Aug.
,
,
May
Aug.
14
13
91
182
2,464.6
1,726.9
1,302.6
900.9
Hay
Aug.
21
20
91
182
2,195.1
1,901,2
1,201.1
901.0
May
Aug.
28
27
91
182
2,137,8
1,677,7
1,201.7
901.8
June
4
Sept.
3
91
182
2,245,7
2,097,9
1,301.8
902.4
June 11
Sept. 10
91
182
2,199,3
1,657.5
1,300.1
900.3
June
18
Sept. 17
91
182
2,254.1
1,909.8
1,302.0
June
91
182
2,661.8
1,782.2
1,307.6
900.2
2,001.2
2,500.8
25
Sept. 24
Tax anticipation billg
1963-Oct.
1964-Jan.
15
15
1964-Mar.
June
23
22
160
159
2,958.1
2,780.3
1964-Jan.
Apr.
July
Aug.
Sept.
15
15
15
31
30
365
366
366
363
365
4,047,6
4,495.2
2,631.7
2,395.4
31
30
362
363
363
One-year bills:
1963-Jan.
Apr.
July
Sept.
Oct.
Nov .
Dec.
1964-Jan
.
Feb.
Mar.
Apr.
15
15
15
3
1...,
4
3
3
6p
3p
8p
Oct.
Nov.
Dec.
31
1965- Jan,
31
Feb.
Mar.
28
31
360
362
357
5,2U,4
5
.
treasury Bullet
30
m
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
Average price
per hundred
'^.107
Price per hundred
(Percent)
3.549
3.683
3.489
3.651
99. lU
98.147
3.505
3.665
2/
3.501
3.661
99.104
98.136
3.545
3.687
3.522
3.657
99.11; 10/
98.154
3.501
3.651
99.108
98.150
3.529
3.659
199.109
198.154
3.524
3.651
99.114
98.164
3.505
3.632
99.107
98.151
3.533
3.657
199.107
3.534
3.669
99.110 11/
98.154
3.521
3.651
99.105
98.140
3.541
3.679
3.549
3.679
99.109
98.154
3.525
3.651
99.100
98.136
3.560
3.637
3.538
3.648
99.108
98.161
3.529
3.638
99.105
98.154
3.541
3.651
3.501
3.613
99.118
98.180
489
600
99.113
98.170
3.509
3.620
12
'99.115
98. U9
501
662
99.118
98.154
19
99.106
98.140
3.537
3.679
99.115
'99.110
98.151
Deo.
Equivalent rate b/
99.103
98.138
99.113
98.154
Dec.
Price per hxindred
3.509
3.651
3.532
3.670
5
Equivalent rate, 6/
(Percent)
98. U5
1963-Deo.
Low
High
(Percent)
Regidar weekly bills;
Dec.
Equivalent average
rate 6/
(Contlnuedl
On competitive bids accepted
On total bids accepted
Issue date
-
26.
1964-Jan.
2
Jan.
9
Jan.
16
f99.103
Jan.
23
f99. 106
[_98.145
[_98,liO
[_98.156
f99. 11
98. U9
2/
8/
Jan.
30
Feb.
6
99.
[_98.173
lU
505
615
99.120
98.180
3.481
^.600
99.112
98.168
3.513
3.624
Feb.
13
"99.105
98.150
540
660
99.115
98.166
501
628
99.104
98.146
3.545
3.667
Feb.
20
99.107
93.140
534
679
99.110
98.146 12/
3.521
3.667
99.105
98.138
3.541
3.683
'99.103
Feb.
27p
98.128
3.547
3.703
99.107 12/
98.132 iV
3.533
3.695
99.102
98.127
3.553
3.705
Mar.
5p
99.093
98.090
3.589
3.777
99.096
98.093
ly
W
3.576
3.772
99.092-
98.086
3.592
3.7S6
99.107
98.122
3.533
3.715
99.111 iZ/
98.130
3.517
3.699
99.104
98.116
3.545
3.727
3.529
3.719
99.104
98.115
3.545
3.729
533
98.174
,
Mar.
12p
Mar.
19p
99.106
98.116
3.538
3.726
99.108 18/
98.120
Mar.
26p
99.103
98.109
3.550
3.740
99.107
98.111
736
99.102
98.108
3.553
3.742
98.428
98.388
3.537
3.650
98.437
98.400
3.517
3.623
98.421
98.370
3.553
3.691
96.943
96.887
96.358
96.395
96.364
96.347
96.380
96.262
96.320
96.214
96.312
3.015
3.062
3.582
3.575
3.586
3.633
3.590
3.707
3.63D
3.765
3.719
96.958 12/
96.899 X/
%.412 21/
96.410
96.380
96.365 22/
96.400 22/
96.275 24/
96.335
96.225 25/
96.334
3.000
3.050
3.529
3.560
3.570
3.615
3.570
3.694
3.665
3.754
3.697
96.938
96.831
96.342
96.391
96.358
96.340
96.371
96.255
96.312
96.207
96.306
3.020
3.068
3.598
3.579
3.592
3.640
3.599
j
Tax anticipation bills
1963-Oct.
196i-Jan .
15
15
One-year bills:
1963-Jan.
Apr.
July
Sept.
Oct.
Nov.
Dec.
1964- Jan
Feb.
Mar.
Apr.
6/
2/
S/
y
10/
11/
12/
12/
V/
ly
15
15
15
3
1
4
,
3
3
6p
3p
8p
,
..
,
Bank discount basis.
Except $100,000 at 99.130.
Except $100,000 at 98.I64 and $100,000 at 98.160.
Except $100,000 at 98.154.
Except $1,400,000 at 99.127.
Except $250,000 at 99.115.
Except $500,000 at 98.156 and $200,000 at 98.150.
Except $2,000,000 at 99.114.
Except $100,000 at 98.137 and $150,000 at 98.136.
Except $100,000 at 99.103.
16/
12/
Ig/
12/
20/
21/
22/
22/
2^/
25/
p
3.7U
3.688
3.772
3.725
Except $50,000 at 98.128.
Except $100,000 at 99.115.
Except $32,000 at 99.115, $100,000 at 99.111, $365,000 at 99. 110, and
$300,000 at 99.109.
Except $100,000 at 97.000 and $200,000 at 96.982.
Except $50,000 at 96.969, $500,000 at 96.945, and $500,000 at 96.909.
Except $100,000 at 96.696 and $600,000 at 96.442.
Except $300,000 at 96.380.
Except $600,000 at 96.470 and $3,000,000 at 96.411.
Except $100,000 at 96.299.
Except $3,500,000 at 96.239.
Preliminary.
)
April
1964
31
PUBLIC DEBT OPERATIONS
,
Table 3.- New Money Financing through Regular Weekly Treasury Bills
i/
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
Issue
date
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
(Percent
1957-January
31
1957-May
91
12,624
«1,700
3.283
$99
7
May
May
May
May
2,626
2,719
2,580
2,741
1,700
1,700
1,800
1,802
3.133
3.057
3.182
3.288
99
99
23
31
91
91
91
92
200
202
June
June
6
13
91
91
2,769
2,830
1,800
1,802
3.246
3.239
200
202
1958-March
March
20
27
91
91
2,348
2,416
1,700
1,700
3.140
3.173
100
98
April
April
April
April
3
10
17
24
91
91
91
91
2,388
2,430
2,682
2,751
1,700
1,700
1,701
1,702
2.753
2.858
2.591
2.587
101
100
100
100
February
February
February
February
21
28
March
March
U
December
December
26
1958- January
U
7
19
2
9
16
16
January
January
January
23
March
13
June
12
91
2,436
1,700
1.532
-100
September
September
September
11
December
December
December
11
18
26
91
91
92
2,550
2,636
2,576
1,800
1,800
1,800
2.359
2.604
2.511
100
99
99
October
October
October
October
October
2
9
16
92
91
91
91
91
2,291
2,382
3,088
2,987
2,872
1,801
1,800
1,803
1,800
1,803
2.920
2.668
2.927
2.804
2.647
101
100
104
99
102
91
92
2,814
2,857
1,802
1,801
2.649
2.774
102
101
18
25
1959-January
January
January
January
January
23
30
November
November
6
13
December
11
December
18
December
26
15
22
29
February
February
March
13
11
91
182
2,407
1,073
1,600
400
2.805
3.081
200
June
March
19
18
91
182
2,476
764
1,600
400
2.904
3.095
200
June
March
26
25
90
181
2,394
834
1,601
400
2.739
3.017
201
June
5
12
1959-January
2
April
July
90
181
2,479
755
1,600
400
2.690
2.920
199
2
January
8
April
July
9
9
91
182
2,508
680
1,599
400
2.678
2.959
190
2.808
3.034
197
January
March
5
March
12
March
19
March
26
Au^st
IT
August
20
16
16
91
182
2,178
734
1,600
401
Jxone
4
724
1,500
400
2.816
3.111
101
3
91
182
2,090
September
April
July
15
i/
June
11
10
91
182
2,254
967
1,301
400
3.062
3.375
101
September
June
18
17
91
182
2,019
727
1,301
400
2.763
3.058
100
25
24
91
182
2,122
671
1,300
400
2.766
3.093
100
91
182
1,866
3.150
3.690
199
875
1,200
400
91
182
1,853
790
1,200
400
3.417
3.782
199
204
September
June
September
...
1959-November
1960-February
195p_Movember
1960-FeDruary
1960-May
19
1960-August
November
May
26
June
1961-January
January
February
March
2
19
26
2
30
Footnotes at end of table.
12
1959-November
1960-February
27
August
2
Augxxst
November
September
December
1961-Aprll
July
April
July
92
182
1,964
693
1,200
400
3.824
4.152
18
17
91
182
1,809
961
1,200
500
3.793
4.000
97
25
25
91
183
1,834
897
1,200
500
3.497
3.867
96
3.184
3.495
100
1
91
182
1,820
996
1,101
500
20
20
91
182
1,889
995
1,101
400
2.358
2.530
99
91
182
1,986
1,082
1,100
500
2.230
2.422
200
1
27
27
May
4
3
91
182
2,057
1,082
1,101
500
299
497
201
Au^st
29
28
91
182
1,924
1,046
1,100
500
2.392
2.576
99
June
September
(Continued on following page)
yi.
)
April
1964
33
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills
V- (Continued)
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
Issue
date
date
Amount
of bids
tendered
Amo\int
of bids
accepted
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
(Percent
1962- August
2.
Jl962-November
\l963-January
August
9.
jl962-November
\1963-February
August
16,
/l962-November
15
\l%3-February
M
tl99
91
182
$2,161
1,576
«1,301
700
2.874
3.075
91
182
1,972
1,203
1,301
700
2.801
2.990
197
91
182
2,078
1,766
1,301
704
2.867
3.060
204
2.837
2.984
99
August
23.
ri962-November
\l963-February
23
21
92
182
2,003
1,651
1,301
700
August
30,
fl962-November
\l963-February
29
28
91
182
2,248
1,259
1,301
700
2.805
2.916
100
September
6,
ri962-December
Il963-March
91
182
2,054
1,332
1,301
700
2.834
2.977
100
September
fl962-Dec ember
\l963-March
13
13,
U
91
182
2,377
1,291
1,301
701
2.789
2.911
101
September
20,
fl962-December
\l963-March
20
21
91
182
2,265
1,375
1,301
700
2.796
2.962
101
September
ri962-December
27,
27
28
91
182
2,150
1,777
1,300
700
2.749
2.938
100
}
91
182
2,011
1,505
1,300
701
2.752
2.902
100
2.760
2.864
100
October
-+
'\1963-March
fl963-January
April
\
October
11
January
April
10
11
91
182
2,136
1,631
1,301
701
(January
17
18
91
182
2,225
1,436
1,300
700
2.749
2.843
98
April
January
April
24
25
91
132
2,133
1,394
1,301
700
2.742
2.828
102
J
January
31
May
91
182
2,207
1,573
1,301
701
,686
,775
101
I
f
[
October
18
October
25
J
\
November
November
November
November
1
8
February
7
9
2,249
1,761
702
2.841
2.927
101
May
91
182
1,301
I
14
16
91
182
2,325
1,436
1,302
701
,801
,846
103
21
23
90
181
2,409
1,274
1,300
800
2.833
2.892
199
199
r
February
I
May
J
1
November
29
I
December
6
J
December
13
1
\
r
\
December
December
1963-January
20
27
3'
f
10
March
28,
April
4
11,
18.
25.
2,042
1,528
1,300
801
7
6
91
182
2,108
1,663
1,300
801
2.861
2.945
98
14
13
91
182
1,973
1,321
1,301
801
2.807
2.861
101
99
March
Jxme
March
June
21
20
91
182
2,092
1,248
1,301
800
2.860
2.900
28
27
91
182
2,660
2.893
2.924
110
1,322
1,309
802
4
91
183
2,220
1,340
1,301
801
2.926
2.966
101
5
11
11
91
182
2,196
1,542
1,301
800
2.920
2.966
100
27
91
26
182
2,133
1,459
1,301
800
2.919
2.977
92
July
October
5
3
92
182
2,081
1,454
1,300
800
2.922
2.982
98
July
October
11
10
91
182
2,292
1,553
1,302
801
2.913
2.978
102
July
October
18
17
91
182
2,352
1,485
1,301
800
2.917
3.010
100
July
October
25
91
182
2,259
1,670
1,300
801
2.884
2.982
99
March
1
June
J"
April
July
(April
July
/
t
\
f
f
r
1
Footnotes at end of table.
91
183
March
\
April
28
.31
r
\
April
February
May
2.853
2.936
June
\
April
February
May
\
1
January
2
J
15
23
4
Jtme
September
24
(Continued on following page)
)
Treasury Bulletin
3K
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury BlIlsV- (Ckintinued)
(Dollar amounts in millions)
Description of issue
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
Amount
of bids
tendered
Amount
of bids
accepted
91
182
12,054
$1,302
1,668
801
2.897
2.989
$101
91
182
2,119
1,715
1,301
802
2.905
2.993
100
Number of
days to
maturity
Maturity
date
Issue
date
(Percent
1963-May
May
May
2
9
16
fl963-August
October
l
f
t
November
29
August
November
15
U
91
182
2,397
1,583
1,302
801
2.903
2.990
98
(i96/i-February
20
21
91
182
2,321
1,431
1,202
800
3.524
3.660
-99
27
28
90
181
1,987
1,201
802
3.480
3.630
-99
May
(February
May
See Table 2. Information in Table 3 covers bill offerings
January 2, 1957, through February 29, 1964.
Excludes issues of strips of additional amounts of outstanding regular
weekly bills for cash on June 14, 1961 ($1,802' million) , November 15,
1961 ($800 million), November 15, 1962 ($1,001 million}, and October 28,
See Table 4.
1963, ($1,001 million).
Source:
1/
21
31
August
November
f
\
November
1
1,6U
2/
2/
Equivalent average rate on bank discount basis.
Beginning March 12, 1959, the 13-week bills represent additional
issues of bills with an original maturity of 26 weeks.
April
1964
35
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills
Date subscription books
opened or bill
tenders received
Treasury Bulletin
36
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscrip-
April
1964
37
PUBLIC DEBT OPERATIONS.
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscription books
opened or bill
tenders received
38
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued'
Date subscrip-
April
1964
39
PUBLIC DEBT OPERATIONS
Footnotes to Table 4 - (Continued)
18/
19/
20/
21/
22/
2j/
2^
25/
26/
27/
28/
29/
30/
31/
32/
33/
Subscriptiona for $5,000 or less were allotted in full.
Subscriptions for more than $5,000 were allotted 60 percent to savings-type
investors, 1,0 percent to commercial banks for their own accounts,
and 25 percent to all other subscribers, but in no case less than
In addition, $100 million of the bonds was allotted to
$5,000.
Government investment accounts.
TsLX anticipation certificate, acceptable at par plus accrued
interest to maturity in payment of income and profits taxes due on
the quarterly payment date immediately preceding maturity.
Subscriptions for $100,000 or less were allotted in full.
Subscriptions for more than $100,000 were allotted 59 percent but in no case
less than $100,000.
Subscriptions for $100,000 or less for the bills and $50,000 or less
for the notes were allotted in full.
Subscriptions for more than
the minimum for each issue were allotted /J^ percent on bills and 35
percent on notes but in no case less than the minimum.
In addition,
$100 million of the notes was allotted to Government investment
accounts.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted ^7 percent but in no
case less than $100,000,
Subscriptions from savings-type investors totaled $720 million and
were allotted 70 percent. Subscriptions from commercial banks for
their own account totaled $470 million and were allotted 35 percent.
Subscriptions from all other investors totaled $610 million and were
allotted 15 percent. Subscriptions for $25,000 or less were allotted
in full when accompanied by 100 percent payment at the time of entering the subscriptions. All other subscriptions for $5,000 were
allotted in full. Subscriptions for more than $5,000 were allotted
not less than $5,000.
In addition, $50 million of the bonds was
allotted to Government investment accounts. Savings-type investors
were given the privilege of paying for the bonds allotted to them in
installments up to April 23, 1959 (not less than 25 percent by
January 23, 1959, the issue date; 50 percent by February 24, 1959;
75 percent by March 23, 1959; and full payment by April 23, 1959).
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 50 percent but in no case
In addition, $100 million of the notes was
less than $100,000.
allotted to Government investment accounts,
Subscriptions from savings-type investors totaled $240 million and
were allotted 65 percent. Subscriptions from commercial banks for
their own account totaled $941 million and were allotted 35 percent.
Subscriptions from all other investors totaled $322 million and were
allotted 20 percent. Subscriptions for $25,000 or less from savingstype investors and commercial banks, and for $10,000 or less from
all others, were allotted in full. Subscriptions for more than
these minimums were allotted not less than the minimums.
In addition, $50 million of the bonds was allotted to Government investment accounts.
Full-paid subscriptions of $25,000 or less, totaling $941 million,
were allotted in full. Subscriptions from savings-type investors
totaled $1,361 million and were allotted 45 percent. Subscriptions
from commercial banks for their own account totaled $6,390 million
and were allotted 8 percent, but not less than $1,000 on any one
subscription.
Subscriptions from all other investors totaled
$2,433 million and were allotted 5 percent, but not less than $1,000
any
one
subscription.
on
In addition, $100 million of the notes
was allotted to Government investment accounts,
Holders of approximately $1,600 million of Series F and G savings
bonds issued in 1948, which mature in I960, were offered in exchange
the 4-3/4yC notes, with certain adjustments as of December 15, 1959,
at a price of 99-3/4^,
Smaller denominations of savings bonds could
be exchanged for the next higher multiple of $1,000 of the notes upon
payment of any cash difference. Cash payments amounted to $3 million.
Issued as a rollover of maturing one-year bills.
Savings-type investors were given the privilege of paying for the
bonds in installments up to June 15, I960 (not less than 40 percent
by April 14, the delivery date; 70 -percent by May 15; and full
payment by June 15),
In addition to the amounts allotted to the
public, $100 million of the bonds was allotted to Government investment accounts,
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 30 percent but in no case
less than $100,000.
In addition, $27.4 million of the notes was
allotted to Government investment accounts.
Subscriptions for $25,000 or less were allotted in full. Subscriptions for more than $25,000 were allotted 85 percent but in no case
less than $25,000.
In addition, $71 million of the notes was
allotted to Government investment accounts,
Subscriptions were permitted to be made with payment in cash or in
4-3/45K Treasury notes maturing August 15, I960 (see Table 7, footnote 22).
In addition, in order that holders of 3-5/8^ Federal
National Mortgage Association notes maturing Axigust 23, 1960, might
have an opportunity to reinvest the proceeds, the Secretary of the
Treasury, In behalf of the Association, offered to purchase such
notes on August 15, I960, at par and accrued interest to the extent
that such subscriptions were allotted and the proceeds from the par
amount of the notes were applied to payment, in whole or in part,
for the new securities,
Combined total includes $80 million allotted on subscriptions from
holders of the Federal National Mortgage Association notes matxirlng
August 23, 1960 (see footnote 32),
34/ Consists of allotments on subscriptions from holders of Treasury
notes maturing August 15, I960,
^p/ Subscriptions from States, political subdivisions, or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts, and the Federal Reserve Banks as provided in the offering
circular, totaled $6,285 million and were allotted in full. Subscriptions subject to allotment totaled $11,104 million and were
allotted in full up to and including $25,000; all others were allotted
13 percent but in no case less than $25,000.
36/ Subscriptions totaled $1,181 million from savings-type investors and
$100 million from Government investment accounts; both were allotted
Subscriptions from commercial banks for their own accounts
25 percent.
totaled $2,708 million and were allotted 20 percent. Subscriptions
from all others totaled $1,190 million and were allotted 15 percent.
Subscriptions for $5,000 or less were allotted in full; subscriptiona
for more than $5,000 were allotted not less than $5,000.
22/ In addition to the amounts allotted to the public, there was
allotted to Government investment accounts $131.3 million of the
3-1/2^ bonds of 1980, $215.9 million of the 3-1/2^ bonds of 1990,
and $236.5 million of the 3-1/2SK bonds of 1998,
^8/ Holders of approximately $750 million of Series F and G savings bonds
issued in 1949, which mature in 1960, were offered in exchange the
4^ bonds, with certain adjustments as of December 15, 1960, at a price
of IOO2.
Smaller denominations of savings bonds could be exchanged
for the next higher multiple of $500 of the bonds upon payment of any
cash difference. Cash payments amounted to $365,375.
^2/ Subscriptions were permitted to be made with payment in cash or in
4-7/8^ Treasury certificates maturing February 15, 1961 (see Table 7,
footnote 17).
Consists of allotments on subscriptions from holders of certificates
^iO/
of Indebtedness matxiring February 15, 1961.
41/ Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, as provided in the offering
circular, totaled $4,364 million and were allotted in full. Subscriptions subject to allotment totaled $14,619 million:
those
up to and including $10,000 were allotted in full; all others were
allotted 20 percent but in no case less than $10,000.
^2/ In addition to the amounts allotted to the public, there was allotted
to the Federal Reserve Banks and Government investment accounts
$39 million of the 3-3/8^ bonds of 1966, and $540 million of the
3-5/8^ bonds of 1967.
43/ Subscriptions were permitted to be made with payment in cash or in
the 4-3/4^ Treasury certificates or 3-5/8% Treasury notes, both
maturing May 15, 1961 (see Table 7, footnote 20).
Consists of allotments on subscriptions from holders of certificates
4.4/
of indebtedness and Treasury notes maturing May 15, 1961,
45/ There were allotted in full all subscriptions totaling about $2,379
million for the certificates and $1,258 million for the notes, from
States, political subdivisions or instrumentalities thereof, public
pension and retirement and other public funds, international organizations in which the United States holds membership, foreign central
banks and foreign States, Government investment accounts, and the
Federal Reserve Banks, as provided in the offering circulars. Subscriptions from all other investors were subject to allotment and
totaled $11,445 million for the certificates which were allotted
27 percent, and $11,631 million for the notes which were allotted
12 percent; subscriptions for $25,000 or less were allotted in full,
and subscriptions for more than $25,000 were allotted not less than
$25,000.
46/ Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of eighteen series of weekly Treasury bills
maturing from August 3, 1961, to November 30, 1961.
47/ In addition to the amounts allotted to the public, there was allotted
to the Federal Reserve Banks and Government investment accounts,
$480,4 million of the 3-l/2% bonds of 1980, $160.6 million of the
3-1/2% bonds of 1990, and $289.5 million of the 3-1/2^ bonds of 1998,
48/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 37 percent but in no case
less than $100,000.
In addition, $100 million of the notes was
allotted to Government investment accounts.
49/ Includes $2 million allotted to Government investment accounts of the
3-l/4iK notes, $4 million of the 3-3/A% bonds of 1966, and $136 million
of the 3-3/4^ bonds of 1974.
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of eight series of weekly Treasury bills maturing
from December 7, 1961, to January 25, 1962,
51/ Holders of approximately $970 million of Series F and G savings bonds
issued in 1950, which mature in 1962, were offered in exchange the
3-7/S% bonds with certain adjustments as of December 15, 1961, at a
price of 99-50, Smaller denominations of savings bonds could be exchanged for the next higher multiple of $500 of the bonds upon payment of any cash difference. Cash payments amounted to $309,000,
Footnotes continued on following page.
^
.
Treasury Bulletin
\f
\
PUBLIC DEBT OPERATIONS
1
Footnotes to Table 4
2/
60/
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 60 percent but In no case
In addition, $100 million of the bonds was
less than $50,000.
allotted to Government Investment accounts.
Includes $3,^11 million allotted to Federal Reserve Banks and Gtovemment Investment accounts of the 3-1/2? certificates and $1,518
million of the ^% notes.
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $385 million of the 4? bonds of
1971, $177 million of the A% bonds of 1980, $218 million of the 3-l/2^
bonds of 1990, and te21 million of the 3-l/2!f bonds of 1998.
Issued for cash and in exchange for tax anticipation bills maturing
March 23, 1962 (see Table 7, footnote 22).
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 15 percent but in no case
In addition, $100 million of the bonds was
less than $50,000.
allotted to Government investment accounts.
Includes $2,166 million allotted to Federal Reserve Banks and Government investment accounts of the 3-l/4)S certificates, $14 million of
the 3-5/8!? notes, and $64 million of the 3-7/8i6 bonds.
Subscriptions were permitted to be made with payment in cash or in
the 4^ notes or 3-1/4? notes, both maturing August 15, 1962 (See
Table 7, footnote 23).
Consists of allotments on subscriptions from holders of Treasury
notes maturing August 15, 1962.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States Government investment
accounts, and the Federal Reserve Banks totaled $4,760 million for
the certificates and were allotted in full, in accordance with the
offering circular. Subscriptions from all others totaled $15,395
million and were allotted 12-1/2 percent with subscriptions for
$50,000 or less allotted in full and those for more than $50,000
allotted not less than $50,000.
Subscriptions for the 4$ bonds totaled $6,743 million and were
allotted 22 percent with subscriptions for $100,000 or less allotted
in full and those for more than $100,000 allotted not less than
$100,000.
In addition, $100 million of the bonds was allotted to
Government Investment accounts
In
All subscriptions for the 4-1/4? bonds were allotted in full.
addition, $50 million of the bonds was allotted to Government
investment accounts. Savings-type investors were given the privilege
of paying for the bonds allotted to them in installments up to
October 15, 1962 (not less than 30 percent by August 15, 1962, the
Issue date; 60 percent by September 15, 1962; and full payment by
October 15, 1962).
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $21 million of the 3-3/4% notes
and $320 million of the A% bonds.
Includes $3,796 million allotted to Federal Reserve Banks and Government Investment accounts of the 3-1/8? certificates, $1 million of
the 3-1/2? notes, and $6 million of the 4? bonds.
Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of ten series of weekly Treasuiy bills maturing
from January 17, 1963, to March 21, 1963.
Holders of approximately $458 million of Series F and G savings
bonds which mature in 1963 and 1964 were offered in exchange either
the 3-7/8? bonds or the '4? bonds with certain adjustments as of
December 15, 1962, at a price of 99.50. Smaller denominations of
savings bonds could be exchanged for the next higher multiple of
Cash payments
$500 of the bonds upon payment of any cash difference.
67/
6^
^
13/
22/
72/
21^
-lV
2i/
,
61/
62/
6i/
6S/
66/
24'
22/
22/
12/
.
22/
81/
3^
12/
84/
8^
p
-
(Continued)
amounted to $93,000 for the 3-7/8? bonds and $101,825 for the 4? bonds.
The bonds were sold to a syndicate on the basis of competitive bidding
The winning bid was $99.85111 per $100
for reoffering to the public.
of face amount for a 4? coupon, resulting in a net basis cost to the
Treasury of 4.008210?, calculated to maturity.
Includes $3,921 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4? certificates and $15 million
of the 3-3/4? bonds.
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $19.8 million of the 3-5/8? notes,
$29.6 million of the 3-7/8? bonds of 1971, $151.9 million of the 3-7/3?
bonds of 1974, and $123.9 million of the 4? bonds of 1980.
The bonds were sold to a syndicate on the basis of competitive bidding
for reoffering to the public.
The winning bid was $100.55119 per $100
of face amount for a 4-1/8? coupon, resulting in a net basis cost to
the Treasury of 4.093145?, calculated to maturity.
Includes $3,327 million allotted to Federal Reserve Banks and Government Investment accounts of the 3-1/4? certificates, and $85 million
of the 3-5/8? notes.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 5 percent but in no case
less than $100,000.
Includes $4,149 million allotted to Federal Reserve Banks and Government investment accounts.
One-year bills issued monthly beginning September 3, 1963.
In addition to the amounts allotted to the public, there was allotted
to Federal Reserve Banks and Government investment accounts $23 million of the 3-7/8? bonds of 1963, and $171 million of the 4? bonds of
1973.
Issued for cash and in exchange for one-year bills maturing October 15,
1963 (see Table 7, footnote 27).
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
February 6, 1964, to April 9, 1964.
Subscriptions were permitted to be made with payment In cash or in
3-1/8? certificates or 4-7/8? notes, both maturing November 15, 1963
(See Table 7, footnote 28).
Consists of allotments on subscriptions from holders of Treasury certificates of indebtedness and Treasury notes maturing November 15,
1963.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government Investment accounts
and the Federal Reserve Banks, as provided in the offering circular,
totaled $4,307 million and were allotted in full.
Subscriptions subject to allotment totaled $15,762 million:
those up to and including
$100,000 were allotted in full; all others were allotted 21 percent but
in no case less than $100,000.
Issued to replace the one-year bills maturing January 15, 1964.
In addition to amounts allotted to the public, $189 million was
allotted to Government Investment accounts.
Subscriptions for $50,000 or less were allotted in full. Subscriptions
for more than $50,000 were allotted 83-1/2 percent but in no case
less than $50,000.
In addition, $125 million of the bonds was allotted
to Government investment accounts.
Includes $4,014 million allotted to Federal Reserve Banks and Government Investment accounts of the 3-7/3? notes.
Subscriptions for $50,000 or less were allotted in full. Subscriptions
for more than $50,000 were allotted 9 percent but in no case less than
$50,000.
Preliminary.
n.a. not available.
April
1964
42
Treasury Bulletin
April
Ki,
April
Treasury Bulletin
46
PUBLIC DEBT OPERATIONS
Table 6.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other Than Regular Weekly Treasury Bills i/- (Continued)
\
April
1964
47
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills
Date of
refunding
or retirement
^8
April
1964
50
Treasury Bulletin
\
April
1964
51
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 7.- Dispofiti on of Matured Public Marketable Securlt ies
Other Than Regul ar Weekly Treasury Bills - (Continued)
.
April
1964
53
PUBLIC DEBT OPERATIONS
Footnotes to Table 7
Bureau of the Public Debt. Preliminary figures are irom subscription and allotment reports; final figures are on "clearance
basis" in daily Treasury statement.
1/ Original call and maturity dates are used.
2/ All by investors other than Federal Reserve Banks.
3/ Two issues of bills, maturing January 16, 1957, and February 15, 1957,
respectively, were rolled over into two issues of tax anticipation
bills, both maturing June Zi, 1957.
Tax anticipation issue; for detail of offerings beginning 1957, see
Table <+; for amounts redeemed for taxes and for cash see "Note" below.
During June and July 1958, $^91 million of the 2-5/8^ Treasury bonds
of 1965 was purchased by the Treasury for retirement under section
19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a).
G/ Called on May 14, 1958, for redemption on September 15, ^958.
2/ Represents amount which owners exercised the option to redeem on
August 1, 1959 (see Table 4, footnote 9).
Z/ Holders of the U% notes, who had the option to redeem at par on
February 15, I960, by giving notice not later than November 16, 1959,
were permitted to exchange their holdings on November 15, 1959, for
the 4-7/8^ notes.
2/ Rolled over into a one-year bill (see Table 4).
10/ Amount which owners exercised the option to redeem on February 15,
I960 (see Table A, footnote 11).
11/ Advance refunding offering.
Pursuant to the provisions ot section
1037 (a) of the Internal Revenue Code of 1954- as added by Public Law
86-346, approved September 22, 1959, the Secretary of the Treasury
has declared that no gain or loss shall be recognized for Federal
income tax purposes upon the exchange of the eligible outstanding
securities solely for the new securities. For tax purposes, therefore, the investor will carry the new securities on his books at the
same amount as he had been carrying the eligible securities exchanged.
Gain or loss, if any, upon the obligations surrendered in exchange
will be taken into account upon the disposition or redemption of the
new obligations. See also Table 5.
Holders of 2-1/2$ Treasury bonds maturing November 15, 1961, were
offered the option to exchange the bonds during the period from
June 8, I960, to June 13, I960, inclusive, subject to allotment if
subscriptions exceeded by 10 percent the offering limits of $3.5
billion for the notes and $1.5 billion for the bonds.
13/ Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 3-1/8% certificates or
the 3-7/3$ bonds, which were offered in an aggregate of around
$8-3/4 billion. For detail of offering, see Table 4.
IV Excess of maturing 4-3/4$ Treasury notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 32 and 34).
Reopening of an earlier issue.
Holders of 2-1/2$ Treasury bonds maturing June 15, 1967, December 15,
1968, June 15, 1969, and December 15, 1969, were offered the option
to exchange the bonds during the period from September 12, I960 to
September 20, I960, inclusive, the first for 3-1/2$ bonds of 1980,
the second for 3-1/2$ bonds of 1990, and the other two for 3-1/2$
bonds of 1998, subject to allotment if the combined total of subscriptions for the bonds of 1990 and 1998 exceeded an outside limit
of $4.5 billion.
17/ Holders of the maturing certificates were not offered preeaptive
rights to exchange their holdings, but were permitted to present
them in payment or exchange, in whole or in part, for the 3-1/4$
notes offered in the amount of around $6.9 billion. For detail of
offering, see Table 4.
18/ Excess of maturing 4-7/8$ certificates over allotments of new
securities on subscriptions from holders of those certificates
(see Table 4, footnotes 39 and 40).
12/ From March 20 through March 22, 1961, owners of 2-1/4$ bonds of June
15, 1959-62, 2-1/4$ bonds of December 15, 1959-62, 2-5/8$ notes
maturing February 15, 1963, and 2-1/2$ bonds maturing August 15, 1963,
were granted the option of exchanging their holdings. The first
three were exchangeable for a new 3-5/8$ bond due November 15, 1967,
and the last for a new 3-3/8$ bond due November 15, 1966.
Exchangee
were subject to allotment if subscriptions -exceeded $5 billion for
the bonds of 1967 or $3 billion for the bonds of 1966.
20/ Holders of the maturing certificates and notes were not offered
preenptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
$5,250 million offering of 3$ certificates or the $2,500 million
offering of 3-1/4$ notes. For detail of offering, see Table 4.
^/ Excess of maturing 4-3/8$ certificates and 3-5/8$ notes over
allotments of new securities on subscriptions from holders of those
certificates and notes (see Table 4, footnotes 43 and 44).
Source:
^
^
w
22/
23/
24/
2^/
26/
27/
28/
29/
30/
31/
$1,569 million were redeemed for cash and $168 million were exchanged for the tax anticipation bills dated March 23, 1962 (see
Table 4)
Holders of the maturing notes were not offered preemptive rights
to exchange their holdings, but were permitted to present them
in payment or exchange, in whole or in part, for the $6,500
million offering of 3-1/2$ certificates, the $1,500 million
offering of 4$ bonds, or the $750 million offering of 4-1/4$
bonds.
For detail of offering, see Table 4.
Excess of maturing 4$ notes and 3-1/4$ notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 58 and 59).
From September 10 through September 12, 1962, owners of securities
maturing February 15, 1963 (3-1/2$ certificates, 2-5/8$ notes,
3-1/4$ notes), and May 15, 1963 (3-1/4$ certificates, 3-1/4$ notes,
4$ notes) were granted the option of exchanging their holdings,
subject to allotment if subscriptions exceeded the offering limits
of $6 billion for the notes and $3 billion for the bonds.
Called on August 14, 1962, for reden^jtion on December 15, 1962.
Holders of the maturing one-year bills were offered the option to
exchange the bills for the tax anticipation bills dated October 15,
1963 (see Table 4, footnote 76).
Holders of the maturing certificates and notes were not offered
preen5)tive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
$7,600 million offering of 3-7/8$ notes, For detail of offering, see
Table 4.
Excess of maturing 3-1/8$ certificates and 4-7/8$ notes over allotments of new securities on subscriptions from holders of those
certificates and notes (see Table 4, footnotes 78 and 79).
Tax anticipation bills issued to replace the maturing one-year bills
(see Table 4, footnote 81).
From January 13 through January 17, 1964, owners of securities
maturing August 15, 1964 (3-3/4$ notes and 5$ notes), November 15, 1964
(3-3/4$ notes and 4-7/8$ notes), February 15, 1965 (2-5/8$ bonds), and
May 15, 1965 (4-5/8$ notes ) were granted the option of exchanging
their holdings subject to allotment if subscriptions exceeded the offering limits of $4 billion for the 4$ bonds and $750 million for the
4-1/4$ bonds. Subscriptions to the 4-1/4$ bonds exceeded the limitation.
For allotment details see Table 4, footnote 83.
Preliminary.
Note:
Information on retirement of tax anticipation issues referred to
in footnote 4, in millions of dollars:
Date of
retirement
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 8.- Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
(Payable in U. S. Dollars)
Month of
April
r
-
1964
55
Treasury Bulletin (Ik
56
PUBLIC DEBT OPERATIONS,
Table 8.- Foreign Series Securities (Nonmarke table)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.
S.
Dollars)
April
57
1964
PUBLIC DEBT OPERATIONS
58
Treasury Bulletin
.UNITED STATES SAVINGS BONDS.
1952. Series J and K were sold from May 1, 1952 througn
being sold.
Series E and H are the only savings bonds currently
Series E has been on sale since May 1, ig**^!,
April 30, 1957, Details of the principal changes In Issues,
and Series H has been on sale since June 1, 1952. Series
A-D were sold from March 1, 1935, through April 30, l?"!!.
Treasury Bulletins of April 1951, May 1952, May 1957, Octo-
Series F and G were sold from May
1,
19''-1.
through April
30,
Interest yields, maturities, and other terms appear In the
ber and December 1959,
scnO.
May and October I96I.
Table 1.- Sales and Redemptions by Series, Cumulative through March 31, 1964
(In millions of dollars)
... .. ... .
April
59
1964
.URTEED STitEES SAVmOS B01IS6.
Table 3.- Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
Amount outstanding
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Sales
price
2/
Accrued
discount 2/
Interest-bearing
debt
Series E and H combined
Fiscal years
1941-l95b...
1957.
1958.
1959.
I960.
1961.
1962.
1963.
:
40,929
53,832
5,176
5,187
5,107
5,502
4,627
4,603
4,500
50,038
4,444
4,432
4,310
4,616
3,906
3,873
3,759
,794
732
755
1,386
94,761
5,746
5,831
5,680
5,501
5,717
5,753
5,904
742
46,359
86,763
4,507
4,689
4,320
4,350
4,539
4,278
4,760
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
97,625
5,649
5,867
5,489
5,574
5,832
5,650
6,164
56,228
5,469
4,856
5,519
4,996
4,484
4,636
4,557
52,105
4,686
4,129
4,636
4,202
4,122
783
727
883
794
703
754
733
41,398
41,578
42,589
42,559
43,137
Months
1963- July
August...
September
413
399
347
135
112
114
548
510
461
407
364
387
340
306
326
67
46,500
46,647
46,721
395
333
356
109
110
135
503
U3
3S2
311
359
323
266
305
59
October.
November
December.
471
142
115
489
399
327
Calendar years :
1941-1956
1957
1958.
1959.
I960.
1961.
1962.
1963.
84,463
4,613
4,670
4,506
4,307
4,464
4,421
4,518
10,298
1,133
1,161
1,174
1,194
1,254
1,331
:
1
964-January
February
.
March.
.
.
413
400
121
491
613
527
520
42,142
42,716
42,715
43,806
721
731
3,781
3,882
3,823
393
439
41 ,498
797
886
U,955
58
60
370
Series F, G, J, and K combined 4/
Fiscal years
1941-1956...
1957
1953
1959
1960
:
31,683
268
1961
1962
1963
Calendar years
1941-1956....
1957
1958
1959
I960
937
83
65
54
46
32
27
22
32,619
352
980
74
32,833
172
58
52
38
29
25
19
58
52
38
29
25
19
65
54
46
32
27
22
:
1961
1962
1963
Months
1963-July
August ....
September
:
October .
November.
December
1
964- January .
February.
March. . .
31,853
5/
15,239
3,605
3,235
2,063
6/
7/
8/
771 2/
2,921
1,129
1,059
722
17,257 5/
4,153
2,395
3,246
1 ,732 6/7/
1,108 7/8/
963 8/2/
462 2/
16,692
3,982
2,318
3,122
1,646
1,058
909
434
15,739
3,774
3,350
2,137
3,049
1,188
1,110
37 2/
30
32
35
28
30
38
30
36
28
33
31
45
34
42
32
35
37
500
169
116
74
128
59
51
49
565
171
77
125
86
50
55
23
U,485
45,499
47,106
Matured
noninterestbearing debt
.
.,,
Treasury Bulletin
60
.UNITED STATES SAVINCrS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
-
(Continued)
(In millions of dollars)
Redemptions 1/
Period
Fiscal years
1941-1956
1957
1958
1959
1960
1961
1962
1963
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 2/
Accrued
discount 2/
Exchanges of
E bonds for
H bonds
Amount
outstanding
C interestbearing debt)
;
91,536
3,9U
10,298
1,133
1,161
1,174
1,194
1,254
1,331
1,386
83,176
3,875
3,802
3,598
3,632
3,711
3,62i
4,185
10,863
1,143
1,178
1,169
1/224
1,293
1,372
1,404
94,038
5,018
4,979
4,767
4,856
.
360
358
308
October. .
November.
December.
1964-January. ,
February.
March
81,238
3,919
3,889
3,688
3,603
3,689
3,674
8U
53,638
4,981
4,951
4,889
5,181
4,394
4,343
4,203
49,
4,248
4,196
4,092
4,295
3,673
3,613
3,461
3,794
732
755
797
886
721
731
742
55,951
5,220
5,589
5,225
4,729
4,249
4,349
4,229
51,829
4,437
3,931
4,342
3,935
3,546
3,595
3,495
4,122
783
727
883
794
703
754
733
135
112
114
495
469
421
378
337
352
311
279
291
67
21
58
60
17
16
39,262
39,378
39,431
348
297
317
109
110
135
457
407
452
352
283
329
293
237
276
59
17
13
14
39,519
39,630
39,740
405
142
115
121
547
461
366
398
371
300
330
24
18
39,801
39,902
39,961
194
196
236
217
322
233
260
298
194
196
236
217
322
233
260
298
277
248
198
294
267
235
287
328
5,052
5,049
4,862
4,797
4,943
5,005
5,300
188
219
191
37,898
37,969
38,067
38,040
37,456
37,817
33,260
39,166
278
212
199
208
38,087
37,885
38,206
37,748
37,597
38,140
38,587
39,740
201
Calendar years:
19a-1956
1957
1958
1959
1960
1961
1962
1963
,
Months ;
1963-July
August
September,
.
.
Fiscal years ;
1952-1956
1957
1958
1959
I960
1961
1962
1963
369
356
5,003
4,996
484
477
4,658
3,225
694
782
818
704
775
747
604
3,225
694
782
818
704
775
747
604
3,587
631
887
722
718
828
654
575
3,587
631
575
277
248
198
294
267
235
287
328
53
28
27
35
28
27
35
30
29
30
30
29
30
28
28
27
40
Calendar years ;
1952-1956
1957
1958
1959
I960
1961
1962
1963
Months ;
1963-July
August..
September
887
722
718
828
654
39
53
41
39
October.
November .
December.
47
36
47
36
39
39
1964-January.
February.
March.
66
44
44
66
44
44
.
.
.
41
27
40
53
89
66
68
19
-
\
.
.
April
1964
61
.UNITED STATES SAVIHGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(
In millions of dollars)
Matured
Period
Fiscal years :
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
Total 1/
Total
Series E
817
792
1,761
2,747
3,941
4,263
4,115
3,730
3,621
2,673
2,593
2,250
1,971
1,906
1,996
2,304
1,733
1,668
1,593
5,651
5,074
772
1,015
2,318
3,171
4,230
4,246
4,156
3,393
4,701
3,033
2,555
2,387
2,043
254
968
1,328
1,500
2,047
1,891
2,084
1,691
2,433
1,94A
1,633
1,656
1,617
145
175
September
444
394
419
U5
120
154
123
October.
November,
December.
420
341
391
171
142
133
147
120
110
1964- January..
February.
March
534
427
476
150
100
253
133
63
227
Calendar years:
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
Months;
1963- July
August,.
6,U9
6,985
7,301
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
Series E
and H
and H
,137
,109
,621
,515
,251
,846
,958
,544
,249
,557
,819
,716
273
4,126
Unmatured
38
702
1,128
1,487
1,826
1,917
779
Other
Unclassified
10/
6
.
Treasury Bulletin
62
I
CWNERSHIP OF FEDERAL SECURITIES.
Table !•- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In millions of dollars)
(.
Interest-bearing securities issued
by the U.S. Government
End of
fiscal
year or
month
Total
Federal
securities outstanding
1/
Held by U. S. Government
investment accounts 2/
Total
outstanding
Public
issues
284,817
286,471
268,486
274,698
281,833
283,241
55,501
55,842
54, 554
55,259
8,674
9,596
9,799
10,360
1961
1962
1963
289,211
298,645
306,466
285,672
294,442
301,954
56,002
56,296
53,206
1957
1958
1959
1960
270,634
276,iU
Special
issues
46,827
46,246
Held by private
investors 2^
Held by
Federal
Reserve
Banks public
Total
Public
marketable
issues
2/
106
101
110
139
50
56
1U,983
U9,546
62,770
58,825
56,252
51,913
54
63
79
46
47
60
2,042
1,646
2,873
3,090
202,417
208,483
211,721
151,392
157,418
160,361
51,025
51,065
51,360
240
87
444
605
167
165
153
277
440
3,300
3,759
3,907
189,949
193,418
201,235
201,459
127,179
134,593
44,899
23,035
25,438
26,044
26,523
10,959
11,357
13,405
45,043
44,939
44,801
27,253
29,663
32,027
U,756
Public
nonmarketable
issues
Interest-bearing securities guaranteed by the U.S. Government i^ Matured
debt
and
Held by
debt
Held
by
S.
U.
Total
bearing
Government private
outinvestment investors no
standing
interest
accounts
2/
1962- December,
303,988
299,209
55,412
11,987
43,426
30,820
212,977
162,553
50,424
517
160
357
4,262
1963- July
August, ,
September
305,482
307,209
307,328
300,938
302,525
302,664
56,921
58,726
58,130
13,196
13,207
13,480
43,724
45,519
44,650
32,468
32,391
160,102
159,903
160,505
51,448
51,505
51,466
645
673
692
ISl
190
191
464
483
32, 563
211,550
211,408
211,971
502
3,898
4,011
3,972
October.
November.
December.
307,147
308,933
310,089
302,458
304,093
305,213
57,038
57,562
57,796
13,755
14,009
14,137
43,283
43,553
43,658
32,758
33,667
33,593
212,662
212,864
213,825
161,095
161,129
162,089
51,567
51,734
51,735
704
717
741
188
187
184
517
530
557
3,984
4,122
4,134
309,339
311,150
310,408
304,499
306,132
305,405
56,361
57,269
57,450
U,444
14,385
41,917
42,883
43,221
32,753
33,169
33,770
215,384
215,695
214,185
163,631
163,893
162,449
51,753
51,801
51,736
755
787
817
189
192
192
566
595
625
4,085
4,231
4,186
196ii- January,
February,
March
U,229
Daily Treasury statement for total amounts outstanding; reports
from agencies and trust funds for securities held by U. S. Government
investment accounts; and reports from Federal Reserve System for
securities held tjy Federal Reserve Banks.
Includes certain obligations not subject to statutory limitation. For
amounts subject to limitation, see page 1.
Includes accounts under the control of certain U. S. Government agencies
whose investments are handled outside the Treasury.
Source;
2/
1/
V
2/
The total amount of interest-bearing securities held by private investors is calculated by deducting from the total amount outstanding the
amount held by U. S. Government investment accounts and Federal
Reserve Banks.
Consists of guaranteed securities held outside the Treasury. All are
public marketable issues.
Table 2.- Net Market Purchases or Sales of Federal Securities for
Investment Accounts Handled by the Treasury V
(In millions of dollars; negative figures are net sales)
Year
Jan.
Feb.
-20.9
12.0
30.0
-90.3
-105,1
-48,1
-.7
1940,
1941.
1942.
1943.
1944.
1945.
1946.
1947.
-9.5
-2.8
-.5
-14.5
-9.9
-67.5
-8.1
1948.
1949.
1950.
1951.
1952.
1953.
1954.
1955.
-.2
8.8
-6.6
36.8
22.1
24,6
7,0
23.0
177.4
-1.8
13.5
261.2
6.7
8.8
-4,0
77,2
1956.
1957,
1958,
1959,
I960,
1961,
1962,
-1.3
14.3
-123.4
14.1
17.5
-5.6
76.9
-9,8
72,6
-155,9
23.0
16.5
-21.3
47.1
1963,
1964,
80.7
148.7
142.1
101.1
1/
.1
Apr,
-5.7
-1
June
May
.4
.9
-.7
-.2
5.8
,3
«
,4
,3
-72.9
-11.5
-5.9
,4
-16.5
-55.6
-35.2
-10.0
-34.4
3.3
.4
-4,7
-61.3
-338.6
106,8
-12.1
1.5
1.1
8.4
10,9
-30.4
-54.7
-1.9
11.4
2.9
35.9
2.8
56.2
5,1
6.3
482.-'
.5
.
12.':-'
-22.4
18.9
10.7
13.4
10.6
62.2
43.1
29.9
46.7
35.4
-145,8
20,5
-56,4
-69,8
-359.2
1.1
-88.4
5.1
3.5
1.5
20.1
-45.5
22,5
18.9
-2.1
44,0
16.4
19.5
18.2
313.4
-86.3
53.1
21.8
24.2
39.9
398.8
15.8
177.2
9.9
-14.5
15.4
-8.7
2^)3.5
32.3
656.2
73.9
56.1
5.7
July
Aug.
Nov.
Sept.
-1.1
60.0
-.3
-2.3
-67.8
-18.5
-17.0
-157,8
-609.1
-8.4
-15,8
-19,0
-.2
-41.2
-308.1
-4.5
-2.7
-28.1
-12.5
-74.1
-123.1
5.4
-.1
8.2
4.4
3.8
-2.0
4.7
1.9
7.2
4,6
,2
1.4
7.9
-21.7
74.8
.4
-17.2
20.3
5,0
2.8
3.5
38.4
-10,0
11,8
-57.6
221.0
-20.3
696.4
4.8
-.2
-.1
7.0
29.0
8.2
-30.7
11.5
10.7
-3.6
11.7
-1.1
14.2
7.9
41.0
234.8
83.9
-67.3
55.1
71.6
105.5
57.3
-25.4
21,3
33,3
43,7
113,1
39,7
27,8
19,5
436.7
33,8
21.1
44.4
17.3
-304.4
25.1
325,5
-59.0
33.5
373,1
345.7
8,4
10,3
10,6
28.3
3.4
-12.0
,1
-1,7
5.8
8.4
16.5
17.0
32.2
35,5
25,6
61.9
U5.5
9.4
26.4
19.1
18.3
-5.0
-5.9
.3
-123,0
-14.1
56.2
26,6
17.3
41.1
25.5
36.8
-23.3
49.2
182.4
Dec.
.6
111.3
Consists of purchases or sales made by the Treasury of securities issued
or guaranteed by the U. S, Government for (1) trust funds which by law
are under the control of the Secretary of the Treasury or of the
Treasurer of the United States, and (2) accounts \inder the control of
certain U, S, Government agencies whose investments are handled through
the facilities of the Treasury Department,
It will be noted that these
transactions differ from those reflected in Table 1 because they
exclude those Government investment accounts for which investments
are not handled by the Treasury. Table 2 also includes purchases
under Section 19 of the Second Liberty Bond Act, as amended (31 U.S.C.
754a), and excludes the Exchange Stabilization Fund.
Less than $50,000.
3
,.,.
.
.
,
1964
April
63
.OWNERSHIP OF FEDERAL SECURITIES,
Table 3,* Estimated Ovmershlp of Federal Securities
(P^
^____
values 1/ in billions of dollars)
Held by banks
End of
month
1939- Dec.
Total
Federal
securities
outstanding 2/
Held by private nonbank investors
U.
Coninier-
cial
banks
y
Federal
Reserve
Banks
S.
Government investment
accounts
Individuals 4/
Total
Savings bonds
Total
Series
E and H
other
Other
series
V
securities
Insurance
companies
Mutual
savings
banks
State
Foreign
and
Corporaand interlocal
tions 6/
national
governments
2/
47.6
15.9
2.5
6.5
22.7
10.1
1.9
8.2
6.3
3.1
2.2
1940- June
Dec...
48.5
50.9
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
.4
.5
.2
.2
1941- June.
55.3
64.3
19.7
21.4
2.2
2.3
9.5
25.0
31.0
11.2
13.6
1.1
3.4
4.2
7.6
8.2
7.1
8.2
3.4
3.7
2.0
4.0
.6
.7
.4
77.0
112.5
26.0
41.1
2.6
6.2
10.6
12.2
37.7
53.0
17.8
23.7
3.7
6.9
5.4
6.5
9.2
11.3
3.9
4.5
4.9
10.1
.9
.4
1.0
140.8
170.1
52.2
59.9
7.2
11.5
14.3
16.9
67.0
81.7
30.9
37.6
11.3
16.0
7.9
8.7
13.1
15.1
5.3
6.1
12.9
16.4
1.5
2.1
1.3
1.5
202.6
232.1
68.4
77.7
14.9
18.8
19.1
21.7
100.2
Dec...
lU.O
46.1
53.3
21.1
25.5
10.1
10.7
17.3
19.6
7.3
8.3
20.2
21.4
3.2
4.3
1.4
1.7
1945- June..
Dec...
259.1
278.7
84.2
90.8
21.8
24.3
24.9
27.0
128.2
136.6
59.1
64.1
29.1
30.7
11.6
12.2
18.5
21.2
22.7
24.0
9.6
10.7
23.3
22.2
5.3
6.5
2.0
2.4
1946-Feb.
June.,
Dec...
279.8
269.9
i59.5
93.8
84.4
74.5
22.9
23.8
23.3
28.0
29.1
30.9
135.1
132.6
130.7
64.1
63.3
64.2
30.8
30.4
30.3
12.5
13.1
13.9
20.8
19.9
20.1
24.4
24.9
24.9
11.1
11.5
11.8
19.9
17.8
15.3
6.7
6.5
6.3
2.4
2.2
2.1
1947- June..
258.4
257.0
70.0
68.7
21.9
22.6
32.8
34.4
133.7
131.3
66.6
65.7
30.8
31.0
U.7
21.1
19.4
24.6
23.9
12.1
12.0
13.7
15.2
U.l
7.1
7.3
3.4
2.7
Dec...
252.4
252.9
64.6
62.5
21.4
23.3
35.8
37.3
130.7
129.7
65.8
65.5
31.6
32.2
15.5
15.6
18.6
17.6
22.8
21.2
12.0
11.5
13.6
14.8
7.8
7.9
2.6
2.8
1949- June..
Deo...
252.8
257.2
63.0
66.8
19.3
18.9
38.3
39.4
132.2
132.1
66.6
66.3
33.1
33.8
15.7
15.5
17.8
17.0
20.5
20.1
11.6
11.4
15.8
16.8
8.0
8.1
2.9
2.9
1950- June..
257.4
256.7
65.6
61.8
18.3
20.8
37.8
39.2
135.6
134.9
67.4
66.3
34.5
34.5
15.4
15.1
17.6
16.7
19.8
18.7
11.6
10.9
18.4
19.7
8.7
8.8
3.5
4.3
255.3
259.5
58.4
61.6
23.0
23.8
41.0
42.3
132.9
131.8
65.4
64.6
34.5
34.7
14.6
U.4
16.3
15.5
17.1
16.5
10.2
9.8
20.1
20.7
9.4
9.6
4.2
4.3
259.2
267.4
61.1
63.4
22.9
24.7
44.3
45.9
130.8
133.4
64.8
65.2
34.9
35.3
14.1
13.8
15.7
16.0
15.7
16.0
9.6
9.5
18.8
19.9
10.4
11.1
4.7
5.3
266.1
275.2
58.8
63.7
24.7
25.9
47.6
48.3
135.0
137.3
66.1
64.8
36.0
36.7
13.2
12.7
16.8
15.4
16.0
15.9
9.5
9.2
18.6
21.5
12.0
12.7
5.7
5.9
271
16.6
19.2
13.9
6.0
6.3
.
.
Dec.
1942- June.
Dec.
1943- June.
Deo...
1944- June
.
^
Deo...
1948-June.
Deo...
19 51- June..
Dec
.
.
1952- June.
Dec.
.
1953-June.
Dec...
.2
278.8
63.6
69.2
25.0
24.9
49.3
49.6
133.3
135.1
64.7
03.4
37.5
38.2
12.1
11.7
15.1
13.5
15.4
15.3
9.1
Dec.
1955-June.
274.4
280.8
63.5
62.0
23.6
24.8
50.5
51.7
136.7
142.3
65.0
64.7
39.3
40.1
10.9
10.2
14.8
U.5
15.0
14.6
8.7
8.5
18.8
23.5
1956-June..
Dec...
272.8
276.7
57.3
59.5
23.8
24.9
53.5
54.0
138.3
138.2
66.2
65.5
40.9
41.4
9.4
8.7
15.9
15.4
13.6
13.2
8.4
8.0
19 57- June..
Deo...
270.6
275.0
56.2
59.5
23.0
24.2
55.6
55.2
135.9
136.1
65.6
64.0
41.5
41.6
7.6
6.6
16.5
15.8
12.7
12.5
1958-June..
Deo...
276.4
283.0
65.3
67.5
25.4
26.3
55.9
54.4
129.9
134.8
63.7
63.0
42.1
42.5
5.9
5.2
15.7
15.3
1959- June..
Deo...
284.8
290.9
61.5
60.3
26.0
26.6
54.6
53.7
142.6
150.3
65.3
68.0
42.6
42.4
4.5
3.5
1960- June.
Dec...
286.5
290.4
55.3
62.1
26.5
27.4
55.3
55.1
U9.3
68.0
64.7
42.5
42.9
3.1
2.7
1954-June.
Dec.
.
145.8
U.4
U.7
.2
15.4
6.8
7.5
i7.7
19.1
16.1
16.3
7.9
7.8
7.9
7.6
16.8
18.6
16.8
16.6
7.6
7.6
12.2
12.7
7.4
7.3
14.8
18.8
16.3
16.5
6.5
7.7
18.3
22.1
12.6
12.5
7.3
6.9
20.8
22.8
16.9
18.0
10.
12.
22.4
19.1
12.0
11.9
6.6
6.3
21.2
20.1
18.8
18.7
12.
20.0
19.7
19.3
18.7
12.
13.
1961- June..
Dec...
:ii9.2
62.5
b7.2
27.3
28.9
56.1
54.5
143.3
145.9
63.1
65.0
43.6
296.-
U.2
2.5
2.2
17.1
18.5
11.4
11.4
6.3
6.1
1962- June..
298.6
304.0
65.2
67.2
29.7
30.8
56.5
55.6
147.3
150.4
64.7
65.2
44.6
45.1
2.0
1.8
18.1
18.3
11.3
11.5
6.3
6.1
19.6
20.1
19.7
19.5
14.1
15.3
303.9
305.2
303.5
66.7
65.8
64.7
65.1
63.9
54.5
55.1
63.3
61.7
63.0
63.1
62.7
64.1
30.3
30.6
31.0
31.2
31.3
32.0
32.5
32.4
32.6
32.8
33.7
33.6
58.4
57.1
58.9
58.3
57.2
57.7
58.0
152.4
153.7
152.8
153.2
153.6
151.7
152.7
154.2
153.5
154.1
154.8
154.4
65.6
65.8
66.3
65.8
65.4
65.5
66.0
66.1
66.5
66.6
66.8
66.8
45.3
45.5
45.6
45.7
45.8
46.0
46.1
46.2
46.3
46.4
46.6
46.7
1.7
1.7
1.6
1.6
1.6
1.5
1.5
1.5
1.4
1.4
1.4
1.4
18.6
18.7
19.1
18.4
18.0
18.1
18.4
18.4
18.7
18.8
18.9
18.8
11.5
11.4
11.2
11.1
11.0
10.8
10.9
10.9
11.0
11.0
11.0
11.0
6.1
6.1
6.3
6.1
6.1
6.1
6.1
6.1
6.0
5.8
5.8
5.8
21.0
21.6
20.7
21.0
22.2
20.2
20.5
21.3
19.6
20.4
21.6
20.7
19.9
19.9
20.1
20.5
20.5
20.7
20.9
21.2
20.9
20.7
20.3
20.8
15.3
15.2
15.4
15.6
15.9
15.8
15.6
15.9
16.0
15.9
16.0
15.9
62.6
61.9
32.8
33.2
56.5
57.5
157.4
158.6
67.3
67.5
46.8
46.9
1.3
1.3
19.2
19.2
11.1
11.0
5.9
6.0
22.0
23.0
21.0
21.4
15.9
16.1
Dec...
1963- Jan...
Feb.
Mar...
Apr. ..
.
May...
June.
July..
Aug...
Sept..
Oct...
Nov. .
Deo...
1964- Jan...
Feb. p.
3rJ3.7
305.8
306.5
305.5
307.2
307.3
307.1
308.9
310.1
309.3
311.1
64. i
Source:
Office of Debt Analysis in the Office of the Secretary.
1/ United States savings bonds, Series A-F and J, are included at
current redemption value.
2/ Securities issued or guaranteed by the U. S. Government, excluding
guaranteed securities held by the Treasury.
2/ Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departments
^
^
^
2/
S/
2/
13.
Includes partnerhips and personal trust accounts.
Discontinued series. See savings bonds tables.
Exclusive of banks and insurance companies.
Consists of the investments of foreign balances and international
accounts in the United .States.
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers.
Preliminary.
p
Immediate postwar debt peak.
64
Treasury Bulletin
.TREASURY
SUWEY OF OWNERSHIP, FEBRUARY
The monthly Treasury 3urvey of Ownership covers secu-
rities Issued by the United States Government and by Federal agencies.
The banks and Insurance companies Included
In the Survey currently account for about 90 percent of all
The similar
such securities held by these Institutions.
proportion for corporations and for savings and loan associations Is 50 percent, and for State and local govemmente,
Data were first published for banks and In70 percent.
surance companies In the May
Section
I
-
194^1
29, I964
corporations and savings and loan associations In the Sep-
tember i960 Bulletin, and for State and local governments
In the February 1962 Bulletin.
Holdings by commercial banks distributed according to
Federal Reserve member bank classes and nonmember banks are
published for June JO and December 3I. Holdings by corporate pension trust funds are published quarterly, first
appearing In the March
195'''
Bulletin.
Treasury Bulletin, for
Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
April
65
1964
.TBEASURY
SXMEY OF
OWNERSHIP, FEBRUARY 29, I964
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par values - millions of dollars)
66
..
.
April
. .
....
1964
67
.TREASUHI SDIWEY OF OWNERSHIP, lEBRUARY 29, 196^
Section II
Interest-Bearing Securities Issued by Federal Agencies But
Not Guaranteed by the United States Government
-
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance conipanies
Total
amount
outstanding 10/
Issue
Banks for cooperatives:
3.80% Apr. 1964 TDebentures)
3-7/8 June 1964 (Debentures).
Aug.
1964 (Debentures).
3.90
Total banks for cooperatives.
3.40%
3.30
3.70
3-1/2
3.95
3.90
4
3-1/2
3-7/8
3-3/4
home loan banks: 11/
Mar.
1964 (Notes) .
Apr.
1964 (Notes)...
May
1964 (Notes)...
June 1964 (Notes)...
July 1964 (Notes)...
Aug.
1964 (Notes)...
Sept. 1964 { Notes). ••
Oct.
1964 (Bonds)...
Nov.
1964 (Notes)...
Sept. 1965 (Bonds)...
Aug.
1966 (Bonds)...
.
192
196
6,054
commercial
banks
50i
mutual
^2/
2/
savings
banks
299
life
A88 fire,
casualty,
and
i88
savings
and loan
associations
61
55
9
200
63
18
588
180
34
275
435
111
State and local
governments
^
469
corpo-
315
general
funds
192
pension
and retirement
funds
Held by
Government investment accounts
and Federal
Reserve Banks
U.
S.
4
17
4
9
11
6
15
22
52
17
6
9
9
6
13
7
15
15
8
12
^
73
35
20
17
14
all
other
investors
94
94
73
18
95
110
32
21
261
22
18
9
9
5
78
145
149
100
170
157
165
130
330
326
413
300
564
460
175
175
200
89
21
95
99
13
79
181
131
18
34
34
16
46
15
14
8
Total Federal home loan banks...
3,653
985
235
31
109
114
700
104
Federal intermediate credit banks:
( Debentures)
2,018
532
114
14
43
222
128
948
21
10
17
11
3
10
11
9
86
93
4-1/8
Federal land banks: 12/
(Bonds).
4-1/2% Apr. I9S4
(Bonds).
3-7/8 Aug.
1964
(Bonds).
Oct.
1964
4
(Bonds).
Oct.
1965
4
(Bonds).
Dec.
1965
4
(Bonds).
1966
3-5/8 Feb.
(Bonds).
1966
3-1/4 May
(Bonds).
4-1/4 July 1966
4-1/8 Feb. 1967- -72 (Bonds).
(Bonds).
May
1967
4
(Bonds).
4-1/8 Oct. 1967
4-1/2 Oct. 1967- -70 (Bonds).
(Bonds)
4-1/4 Mar. 1968
(Bonds)
June 1968
4
(Bonds).
4-3/8 Mar.
1969
(Bonds)
4-5/8 July 1969
(Bonds).
5-1/8 Feb.
1970
(Bonds).
3-1/2 Apr.
1970
(Bonds)
5-1/8 July 1970
(Bonds).
3-1/2 May
1971
(Bonds).
3-7/8 Sept. 1972
4-1/8 Feb. 1973- -78 (Bonds).
(Bonds).
4-1/2 Feb. 1974
147
215
142
160
115
150
108
193
72
180
174
75
86
77
42
37
23
25
43
U
19
12
2
3
60
129
124
1
17
11
33
11
9
73
78
9
4
69
2
6
95
74
3
4
4
89
3
4
10
3
5
4
7
49
105
2
19
3
»
4
51
4
5
6
2
95
94
2
1
6
51
1
8
66
98
2
4
4
3
5
5
57
5
4
100
6
6
1
4
63
3
1
1
5
82
83
85
60
109
148
155
4
12
8
3
3
1
11
1
6
4
3
2
3
1
3
2
16
14
9
6
2
15
9
3
207
1
34
4
76
17
18
1
6
144
111
98
108
93
31
29
2
6
87
88
16
4
4
14
58
129
Tennessee Valley Authority:
Short-term notes
4.40% Nov. 1985 (Bonds).
4-5/8 July 1986 (Bonds).
4-1/2 Feb. 1987 (Bonds).
Total Tennessee Valley Authority.
Footnotes on preceding page.
96
45
72
10
7
51
60
41
2
2
2
9
27
1
1
34
6
10
5
1
101
6
1
2
3
7
2
2
82
1
4
1
2
1
2
«
9
13
q
7
25
44
76
71
68
106
123
69
84
1,092
23
16
25
20
3
1
3
1
q
59
2
5
100
1
4
12
93
103
3
8
14
13
10
4
4
123
26
59
3
102
22
8
12
45
19
121
1,693
14
3
1
1^
73
104
7
7
8
2
19
30
9
11
23
5
5
35
50
50
64
3
63
208
49
42
5
2
1,786
76
44
14
15
Total Federal National Mortgage
Association
6
13
9
11
15
5
13
i
146
198
1,328
5
186
146
119
28
4
18
15
13
37
15
20
13
11
22
6
50
51
548
18
3
4
14
Total Federal land banks.
Federal National Mortgage
Association:
3-5/8% May
1964 ( Debentures)
Sept. 1964 ( Debentures)
4
3-7/8 Dec. 1964 ( Debentures )
4-3/8 June 1965 (Debentures)
1966 ( Debentures)
3-3/4 Mar.
4-1/8 Dec. 1966 ( Debentures )
3-5/8 Mar. 1968 (Debentures)
4-3/8 Apr. 1969 ( Debentures)
4-5/8 Apr. 1970 (Debentures)
4-1/8 Sept. 1970 { Debentures )
4-1/8 Aug. 1971 ( Debentures)
4-1/2 Sept. 1971 (Debentures)
5-1/8 Feb. 1972 ( Debentures)
4-3/8 June 1972 ( Debentures)
4-1/4 June 1973 (Debentures)
4-1/2 Feb. 1977 ( Debentures)
59
56
30
94
12
12
64
24
16
68
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH 31,
Current market quotations shown here are over-thecounter closing bid quotations In the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
1964.
The securities listed Include all regularly quoted public
marketable securities Issued by the United States Treasury. Outstanding Issues which are guaranteed by the United
States Government are excluded.
Table 1.- Treasury Bills
April
1964
69
MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH 31, 196^
Table 4.- Treasury Bonds
Treasury Bulletin
70
MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH 31,
196i;
,
3
..
.
April
s
s
s
s
s
1964
71
AVERAC3E YIELDS OF LONG-TERM BONDS,
Table 1.- Average Yields of Treasury and Corporate Bonds by Periods
(Percent per annum)
Treasxiry
Period
bonds 2/
Aaa
corporate
bonds
Moo(Jy' 3
Treasury
bonds 1/
Period
Moody's Aaa
corporate
bonds
Treasury
bonds 1/
Period
Moody's Aaa
corporate
bonds
Annual series - calendar year averages of monthly series
1942
1943
,46
19a
,48
1945
1946
1947
1948
.37
,19
2.83
2.73
2.72
2.62
2.53
2.25
2.61
2.U
1949
2.31
2.82
2.66
,47
1950
2.32
2.57
2.68
2.94
2.55
2.84
3.08
3.47
1951
1952
1953
1954
1955
1956
1957
2.62
2.86
2.96
3.20
2.90
3.06
3.36
3.89
1958,
3.43
4.08
4.02
3.90
3.95
4.00
1959
1960
1961
1962,
1963
3.79
4.38
4.41
4.35
4.32
4.26
Monthly series - averages of daily serie
Treasury
bonds 1/
Period
1953
2.80
2.83
2.89
2.97 2/4/
3.11
3.13
January
February.
March. .
April ....
May
June
Moody'
Moody'
Aaa
Treasury
corporate bonds 1/
bonds
Aaa
corporate
bonds
1955
3.02
3.07
3.12
3.23
3.34
3.40
2.68 2/
2.78
2.78 2/
2.82
2,93
2.99
3.02
3.01
2.81
2.82
3.04
3.05
3.28
3.24
3.29
3.16
2.91
3.06
3.11
3.11
2.95
2.92
2.87
2.89
3.13
2.91
January
February
March ....
April. .
May
June
3.02
3.02
2.98
2.83
2.86
2.79 2/
1954
2.69
2.62
2.53
2.48
2.54
2.55 2/
July
August.
September
October.
November
December.
2.47
2.48
2.52
2.54
2.57
2.59 1/
2.89
2.87
2.89
2.87
2.89
2.90
.
.
July
August.
.
September
October.
November
December.
.
.
.
Treasury
bonds 1/
Period
3.13
3.10
3.10
3.15
1956
3.06
2.95
2.86
2.85
2.88
2.90
3.11
Moody'
Treasury
bonds 1/
1957
3.34
3.22
3.26
3.32
3.40
3.58 2/
corporate
bonds
3.91
,12
3.92
3.92
4.01
4.08
4.09
,14
4.11
4.47
4.43
4.52
4.57
4.56
4.58
3.90
4.00
4.02
3.98
3.98
4.06
4.08
4.09
,13
,23
,37
,46
3.60
3.59
3.63
3.60
3.57
3.57
4.37
4.22
4.08
4.18 2/
4.16
3.98
4.61
3.67
3.85
4.09
3.86
3.79
3.84 2/
4.41
4.11
3.91
4.09
4.08
3.93
3.88
3.28
3.43
3.56
3.59
3.69
3.75
3.36
3.60
3.75
3.76
3.70
3.80
I960
Treasury
bonds 1/
Period
Moody'
Aaa
corporate
bonds
Treasury
bonds 1/
1961
3.91 2/
3.81
3.00
3.17
Moody'
Treasury
bonds 1/
1959
3.77
3.67
3.66
3.67
3.74
4.10
4.26
4.11 2/
4.12
4.27
3.08
3.10
3.24
3.28
3.27
Moody' s Aaa
corporate
bonds
Moody'
Aaa
3.99
4.10
4.12
4.10
4.08
85
93 2/
07
97
2.93
3.20
3.30
3.40
Treasury
bonds 1/
3.60
3.63
3.66 2/2/
3.73
3.57 2/
3.30 2/
1958
3.2i 2/
3.28
3.25
3.12
3.14
3.20 2/
3.21
Aaa
corporate
bonds
1262
4.32
4.27
4.22
4.25
4.27
4.33
3.89 2/
3.92
3.93
3.97 2/
3.97
4.00
4.21
4.41
4.01
3.99
4.26
4.29
4.04
4.07
4.31
4.45
4.45
4.42
4.39
4.42
4.28
4.25
4.30
4.31
4.35
Moody' s Aa
corporate
bonds
3.89
3.88
3.90
4.02 2/
3.98
3.94
3.89
3.87
3.87
4.34
4.35
4.32
4.28
4.25
4.24
Period
4.21
4.22
4.23
4.32
4.33
4.35
4.14
1964
4.42
4.42
4.39
4.33
4.28
4.28
4.01
4.19
4.19
4.11
1962
4.56
4.49
4.45
4.46
4.45
Aaa
corporate
bonds
4.15
4.14
4.18
4.37
4.36
4.38
Moody' 3 Aaa
Treasury
bonds 1/
corporate
bonds
4.14
4.14
4.14
4.15
4.36
4.36
4.36
4.35
4.16
4.17
4.18
4.20
4.36
4.37
4.38
4.39
Weekly series - averages of daily series for weeks ending
1963-Oct.
4..
11..
18..
25..
,04
,06
1..
8..
15..
22..
29..
,09
,12
,07
,07
,11
,10
,10
4.32
4.31
4.31
4.32
1963-Dec.
4.32
4.32
4.33
4.33
4.32
1964- Jan.
6..
13..
20..
27..
4.12
4.12
4.16
4.16
4.33
4.34
4.36
4.37
3..
10..
17..
2A..
4.15
4.16
4.16
4.15
4.15
4.37
4.38
4.38
4.38
4.37
31..
Daily series - unweighted averages
1964-March
1964-Feb.
7.
14.
21.
28.
March
6.
13.
20.
27.
Treasury Bulletin
72
AVERAGE YIELDS OF LONG-TERM BONDS
1J
?
o
-^
I
o
o
I.
o
</>
<b
c
c
.
.
April
,
1964
73
.MONETARY STATISTICS.
Table 1.- Money In Circulation
(
In millions of dollars except per capita figures)
Paper money 2/
End of fiscal
year or month
Total
money in
circulation 1/
Total
paper
money
Gold
certificates
Silver
certificates
Treasury
notes of
1890
United
States
notes
Federal
Reserve
notes
Federal
Reserve
Bank
notes
National
bank
notes
1955
1956
1957
1958
1959
30,229
30,715
31,082
31,172
31,914
28,372
28,767
29,040
29,071
29,699
34
33
33
32
31
2,170
2,148
2,162
2,200
2,155
319
318
321
317
316
25,618
26,055
26,329
26,342
27,029
163
147
133
120
110
67
64
62
59
57
I960
1961
1962
1963
32,065
32,405
33.770
35,470
29,726
29,943
31,117
32,592
30
30
29
20
2,127
2,094
2,009
1,847
318
318
318
319
27,094
27,353
28,622
30,292
100
56
54
53
37
1962-December.
35,338
32,557
20
2,001
315
30,102
81
38
1963- July
August.
September.
35,663
35,850
35,891
32,759
32,924
32,944
20
20
20
1,823
1,805
1,816
318
317
316
30,484
30,667
30,678
78
78
77
37
37
'37
36,177
37,227
37,692 2/
33,217
34,241
34,662
20
20
20
1,822
1,846
1,877
321
325
321
30,941
31,938
32,331
76
76
76
37
37
37
36,247
36,312
33,226
33,268
20
20
306
312
31,051
31,107 6/
75
75
37
37
.
October. .
November.
December.
1964- January.
February,
V
1,737
1,718
y
92
85
78
,.
. ,
.
.
Treasury Bulletin
74
MONETARY STATISTICS
Table 2.- Monetary Stocks of Gold and Silver
{Dollar amounts in millions)
End of fiscal
year or month
Gold
Silver
($35 per
($1 .29+
per
fine ounce)
fine ounce)
Ratio of silver to
^old and silver in
monetary stocks
(in percent)
1962
1963
21,677.6
21,799.1
22,622.9
21,356.2
19,704.6 1/
19,322.2
17,550.2
16,i35.2
15,733.3
1962-December.
15,978.1
3,922.i
3,994.5
i,116.6
4,306.0
4,414.1
4,394.5
4,346.5
4,317.4
4,315.2
4,318.2
1963- July
September
15,632.9
15,581.9
15,581.6
4,313.9
4,313.5
4,311.5
21.6
21.7
21.7
October.
November.
December.
15,582.9
15,582.2
15,513.0
4,298.2
4,275.2
4,265.7
21.6
21.5
21.6
196i- January,
February.
15,512.0
15,i6l.7
4,258.6
4,255.8
21.5
21.6
1955
1956
1957
1958
1959
I960
1961
Au^st.
.
Source:
Circulation Statement of United States Money,
silver monetary stock see Table 4.
For detail of
1/
15.3
15.5
15.4
16.8
18.3
18.5
19.9
20.8
21.5
21.3
See Table 3, footnote 3.
Table 3.- Gold Assets and Liabilities of the Treasury
(In millions of dollars)
End of calendar year or month
21,690.4
21,949.5
Liabilities;
Gold certificates,
etc. 2/
Balance of gold in
Treasurer's account
491.2
491.2
19,455.9 2/
17,766.6
16,889.0
15,978.1
15,513.0
15,632.9
15,581.9
15,581.6
21,199.1
21,458.3
22,272.9
20,138.2
19,350.5
17,665.6
16,771.2
15,852.1
15,392.9
15,502.3
15,447.5
15,464.5
October..
November
December.
.
15,582.9
15,582.2
15,513.0
15,466.4
15,450.0
15,392.9
116.6
132.2
120,1
964- January .
February.
15,512.0
15,461.7
15,386.6
15,184.8
1955
1956
1957
1958
1959
I960
22,781 .0
20,534.3
,...
1961
1962
1963
1963-July
August..
September.
.
1
Gold assets 2/
.
Source; .Circulation Statement of United Startes Money.
1/ Treasury gold stock; does not Include gold in Exchange Stabilization
Fund. See "International Financial Statistics," Table 1.
2/ Comprises (1) gold certificates held by the public and in Federal
Reserve Banks; (2) gold certificate credits in (a) the gold
certificate fund - Board of Governors, Federal Reserve System, and
(b) the redemption fund - Federal Reserve notes; and (3) reserve
2/
508.1
396.1
105.4
101.0
117.8
126.0
120.1
130.6
134.4
117.0
^**
125.4
276.9
of $156.0 million against United States notes and through June 30,
1961, Treasury notes of 1890.
The United States payment of the $343.8 million increase in its
gold subscription to the International Monetary Fund, authorized
by the act approved June 17, 1959 (22 U.S.C. 286e) was made on
June 23, 1959 (see "Administrative Budget Receipts and Expenditures," Table 3, footnote 13).
1
,
April
1964
75
MONETARY STATISTICS
Table 4.- Components of Silver Monetary Stock
(In millions of dollars)
End of calendar
year or month
7
..
Treasury Bulletin
76
UQNETARY STATISTICS.
Table 5.- Seigniorage
{Cumulative from January 1, 1935 - in millions of dollars)
Sources of seigniorage on silver bullion revalued 1/
End of calendar
year or month
Seigniorage
on coins
(silver and
minor) 2/
Newly mined silver 2/
Misc. silver
(incl. silver
bullion held
June 14, 1934)
Silver Purchase Act
Nationalized
silver
Proclamation
of June 19,
(Proc. of
Aug. 9, 1934)
of Dec. 21,
1933
1934 1/
Acts of
July 6, 1939 and
July 31, 1946 2/
Total
seigniorage
on silver
revalued 2/
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
226.2
302.7
366.7
457.7
530.7
562.7
580.4
584.3
584.3
584.3
701.6
832.1
832.1
832.2
833.6
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
34.5
34.7
34.7
34.7
34-7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34-7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
16.8
36.0
58.0
74.9
87.3
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
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
4.2
25.7
48.3
63.6
65.3
65.4
65-5
66.5
74.5
84.6
93.5
104.7
114.6
125.4
134.7
143.8
150.8
155.2
156.4
166.0
167.9
167.9
167.9
167.9
167.9
326.2
422.1
508.1
616.0
705.6
759.4
799.7
818.9
820.6
820.7
938.1
1,069.6
1,077.6
1,087.8
1,098.1
1,109.3
1,119.2
1,130.0
1,139.3
1,148.4
1,155.4
1,159.8
1,161.0
1,170.6
1,172.5
1,172.5
1,172.5
1,172.5
1,172.5
1,170.0
1,173.7
1,178.8
48.7
48.7
48.7
833.7
833.7
833.7
34.7
34.7
34.7
87.6
87.6
87.6
167.9
167.9
167.9
1,172.5
1,172.5
1,172.5
October. .
November.
December.
1,185.1
1,189.7
1,198.9
48.
48,
48,
833.7
833.7
833.7
34.7
34.7
34.7
87.6
87.6
87.6
167.9
167.9
167.9
1,172.5
1,172.5
1,172.5
1964 -January.
February.
March
1,208.4
1,214.3
1,219.8
48.
48.
48,
833.7
833.7
833.7
34.7
34.7
34.7
87.6
87.6
87.6
167.9
167.9
167.9
1,172.5
1,172.5
1,172.5
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
,
,
,
,
1963- July
August. .
September.
.
.
18.5
46.1
63.7
69.5
91.7
122.2
182.1
245.7
299.6
362.3
429.5
491.9
520.5
559.2
578.7
596.6
642.3
694.2
742.2
792.9
807.0
839.6
890.3
932.0
981.6
1,038.5
1,101.7
1,146.9
1,198.9
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
43.
Source:
Bureau of Accounts.
1/ These items represent the difference between the cost value and the
monetary value of silver bullion revalued and held to secure silver
certificates.
2/ Total of seigniorage on coins and on newly mined silver, beginning
with that for July 1959» is included under coins; the breakdown is
not available after June 1959.
3/
4/
Potential
seigniorage on'
silver bulliorvJ
at cost in
Treasurer's
account
^
274.9
397.5
541,6
758.8
950.6
1,055.8
1,089.0
1,048.2
967.3
717.3
333.2
161.2
146.8
129.9
127.2
U1.7
81.9
57.2
34.9
6.6
U.3
50.0
72.9
114.0
98.3
70.8
12.6
17.3
13.8
17,
17.
17,
17,
17,
13.8
8.6
7.6
7.6
An act approved June ^, 1963 (77 Stat. 54) repealed the Silver
Purchase Act of 1934.* the silver purchase provisions of the act of
July 6, 1939, and the act of July 31, 19^6.
The figures in this column are not cumulative; as the amount of
bullion held changes, the potential seigniorage thereon changes.
Table 6«- Increment Resulting from the Reduction in the Weight of the Gold Dollar,
as of March 31, 1964
•
April
1964
77
.EXCHANCJE STABILIZATION FUND.
Table !•- Balance Sheets as of June 30, 1963, and December 31, 1963
June 30, 1963
Assets :
Cash:
Treasurer of the United States, checking accounts
Federal Reserve Bank of New York, special account
$1,069,324-12
Tota 1 ca sh
Special account of Secretary of the Treasury with
Federal Reserve Bank of New York - Gold
Foreign exchange due from foreign banks: 1/
Central Bank of Argentina
Banco de Brazil
Bank of Canada,
Banco Central de Chile
Bank of England
Deutsche Bundesbank
Banca d Ita 11a
Netherlands Bank
Swiss National Bank
Bank for International Settlements
Belgian National Bank
Investments in:
U. S, Government securities
Foreign securities
,
'
^
-
'.
Accrued interest receivable
Accrued interest receivable - foreign agreements
Accounts receivable
Unamortized premium on U, S, Government securities
Office equipment and fixtures
Less allowance for depreciation
68,394.03
33,738.03
Total assets
Liabilities and capital: 2/
Accounts payable:
Vouchers payable
Bnployees' payroll allotment account U. S.
savings bonds
Miscellaneous.
13^,225.53
3,152.32
477,528.98
Total accounts payable
Special allotment account - Argentina
Unamortized discount on U. S, Government securities
Capital account
Deduct subscription to International Monetary Fund
Net income (see Table 3)
Total liabilities and capital
Annual balance sheets for fiscal years 1934- through 1940 appear in
the 1940 Annual Report of the Secretary of the Treasury and those for
Quarterly balance
succeeding years appear in subsequent reports.
sheets beginning with that for December 31, 1938, have been published
Note:
2,000,000,000.00
1,800,000,000.00
December 31, 1963
1
.
78
Treasury Bulletin^
.EXCHAHGE STABILIZATION FUHD.
Table 2.- Current United States Stabilization Agreements,
December 31, 1963
Dates of agreements
Country
Original
(Effective)
Renewa
Original
agreement
Expiration
Advances
Repayments
(In millions)
Argentina.
June
Brazil..
May
..
Chile
1962
Mar.
27, 1963
Jan.
.
1,
1958
Oct.
May
16, 1961
Jan. 31, 1963
Mexico..
1/
7,
Jan.
1,
1962
6,
1963
15, 1963
*50
»50.0
»7.9
94.0
1/
70
130.0
Jan. 30, 1964
10
10.0
Dec. 31, 1963
75
No further drawings permitted after expiration.
Table 3.- Inccmie and Expense
January 31, 1934 through
June 30, 1963
Classification
January 31, 1934 through
December 31, 1963
Income :
Profits on transactions in:
Gold and exchange (including profits from
handling charges on gold)
137,233,959.55
$137,981,077.90
3,473,362.29
3,473,362.29
102,735.27
102,735.27
2,631,833.77
2,636,911.90
105,621.96
111,390.75
Investments
26,392,560.89
28,402,236.89
Foreign balances
11,831,626.28
13,625,171.57
181,771,700.01
186,332,886.57
25,824,452.65
27,119,199.20
1,568,826.73
1,651,157.39
2,142,512.75
2,165,000.81
800,359.69
836,002.40
204,298.53
218,249.02
Sale of silver to U. S. Treasury
Silver
Investments
Miscellaneous
Interest on:
Total income
Expense
:
Personal compensation and benefits
Travel
Transportation of things
Rent, communications, and utilities
Supplies and materials
Other
Tota 1 expense
Net Income
,
,
3,549,239.60
3,704,914.91
34,089,689.95
35,694,523.73
147,682,010.06
150,638,362.84
.
April
1964
79
.INTERNATIONAL FINANCIAL STATISTICS-
Table 1.- U. S. Gold Stock, and Holdings of Convertible Foreign
Currencies by U. S. Monetary Authorities
(In millions of dollars)
Geld stock 1/
End of calendar
year or month
Total gold stock
and foreign currency
holdings
Treasury
Total
2/
Foreign
currency
holdings 2/
1953.
1954.
,1955.
1956.
1957.
22,091
21,793
21,753
22,058
22,857
22,030
21,713
,690
21 ,949
22,781
21,793
21,753
22,058
22,857
!l958.
11959.
I960.
1961.
,1962.
20,582
19,507
17,804
17,063
16,156
20,534
19,456
17,767
16,889
15,978
20,582
19,507
17,804
16,947
16,057
116
99
1963.
15,808
15,513
15,596
212
,078
15,878
15,877
15,797
15,733
15,633
15,582
15,582
15,583
15,582
15,513
15,946
15,914
15,854
15,830
15,677
15,633
15,634
15,640
15,609
15,596
132
132
155
126
15,847
15,865
15,512
15,462
15,540
15,518
15,991
15,461
15,551
307
347
440
1
1963-March
April.....
May
June
July
August....
September
October..
November
December..
.
1964- January..
February.
March p..
21
,0i6
,009
,956
,764
,725
,788
910
,780
The United States also has certain drawing rights on the International Monetary Fund, in which the United States has a quota of
In accordance with Fund policies, these drawing
$4,, 125 million.
rights include the right to draw virtually automatically an amount
equal to the sum of the United States gold subscription to the Fund
{$1,031.2 million) less net U.S. drawings from the Fund and the Fund's
On March 31, 196^, the net
net operational receipts in U.S. dollars.
balance of these three amounts was $90^.0 million. Under appropriate
circumstances the United States could draw an additional amount equal
to the United States quota.
Includes gold sold to the United States by the International Monetary
Noti 3:
V
2/
2/
p
22,091
87
92
154
270
171
212
Fund with the right of repurchase, the proceeds of which are invested
by the Fund in U. S. Government securities; as of March 31, 196i, this
amoxmted to $800 million. Of this amount, the United States purchased
|200 million in 1956, $300 million in 1959, and $300 million in I960.
Includes gold in Exchange Stabilization Fund, which is not included
in Treasury gold figures shown in "Circulation Statement of United
States Money." See "Monetary Statistics," Table 3.
Includes holdings of Treasury and Federal Reserve System.
Preliminary.
Table 2.- U. S. Treasury Nonmarke table Notes and Bonds
Issued to Official Institutions of Foreign Countries
80
Treasury Bulletiii
,
IMTERNATIONAL FINANCIAL STATISTICS.
Table 3.- U. S. Net Monetary Gold Transactions
with Foreign Countries and International and Regional Organizations
(In millions of dollars at $35 per fine troy ounce; negative figures
"
April
1964
81
CAPITAL MOVaiENTS
Background
Data relating to capital movements between the United
States and foreign oountrlea have been collected since 1935,
pursuant to Executive Order 6560 of January I5, 193*^. Executive Order IOO33 of February S, 1949, and Treasury regulations
promulgated thereunder.
Information on the principal types of
data and the principal countries Is reported monthly, and Is
published monthly In the "Treasury Bulletin." Supplementary
Reports by banks,
Information Is published less frequently.
bankers, securities brokers and dealers, and nonflnanclal
business concerns In the United States are made Initially to
the Federal Reserve Btuiks, which forward consolidated figures
tc the Treasury.
These statistics are consolidated by the
Treasury and published as promptly as possible.
The reporting forms and Instructions used In the collec-
countries. The data reported to and published by the Treasury
Department exclude entirely the intercompany capital transactions of business enterprises In the United States with
their own branches and subsidiaries abroad or with their foreign parent companies; such transactions are reported by
business firms to the Department of Commerce. Data on the
capital transactions of the United States Government and on
shipments and receipts of United States currency are also
excluded from the Treasury reports. Certain capital transactions not effected through reporting Institutions, such as
securities transactions carried out entirely abroad, are not
recorded in the Treasury reports. Consolidated data on all
types of capital transactions are published by the Department
of Commerce In Its regular reports on the United States
balance of payments.
tion of the statistics have been revised a number of times.
The most recent revision became effective with reports
covering data as of Hay 3I, I963.I/ A detailed description
of the content of the statistics,
Including the changes
Instituted, appeared In the July I963 Issue of the "Treasury
Bulletin," pages 79-81.
published will be exactly comparable to those now presented.
Basic definitions
The term "foreigner" as used In the Treasury reports
covers all Institutions and Individuals domiciled outside
the United States, Including United States citizens domiciled
abroad and the foreign subsidiaries and offices of United
States banks and business concerns; the central govermoenta,
central banks, and other official institutions of foreign
countries, wherever located; and International and regional
organizations, wherever located.
data are reported opposite the foreign
country or geographical area in which the foreigner Is domiciled.
American Development Bank and the International Development
Association.
As a result of changes In presenta-
tion Introduced In that Issue, not all breakdowns previously
In general,
The liabilities data exclude nonnegotlable, nonlnterest-
bearlng special notes of the United States held by the Inter-
Data pertaining to branches or agencies of foreign
The data on securities transactions and on foreign
holdings of U.S. Government bonds and notes exclude nonmarketable U.S. Treasury notes, foreign series, and nonmarketable U.S. Treasury bonds, foreign currency series
(see "International Financial Statistics" section, Table
2).
Presentation of statistics
Data collected monthly on the Treasury Foreign Exchange
Forms are published in the "Treasury Bulletin" in three
sections.
Section I provides a summary of the principal data
by period; Section II presents data by country and by perioii;
and Section III shows detailed breakdowns of the latest avail-
able preliminary data.
International and regional organizations are reported opposite
Section IV presents supplementary data in five tables
which appear less frequently thsm monthly. Table I, shortterm foreign liabilities and claims reported by nonflnanclal
the classification "International," "European regional," or
concerns. Is published quarterly in the February, May, August,
"Latin American regional," as appropriate, except for the
Bank for International Settlements and the European Fund,
and November Issues of the Bulletin.
official Institutions are reported opposite the country to
which the official institution belongp.
Data pertaining to
which are Included In the classification "Other Western
Europe.
"Short-term" refers to obligations payable on demand
or having an original maturity of one year or less, without
"long-term" refers to obligations
deduction of any offsets.
having an original maturity of more than one year, and includes securities having no contractual maturity.
Exclusions
The data published herein do not cover all types of
capital movements between the United States and foreign
^
Table
2,
estimated gold
reserves and dollar holdings of foreign countries and inter-
national Institutions, is published quarterly in the March,
June, September, and December issues.
Table
3i
foreign credit
and debit balances In brokerage accounts, appears semiannually
Table 4, short-term
in the March and September issues.
banking liabilities to foreigners in countries and areas not
regularly reported separately, heretofore has been presented
annually in the March issue, but beginning with the August
1963 issue is published twice- a year, covering data as of
April 30 and December 3I. Table 5. purchases and sales of
long-term securities by foreigners during the preceding
calendar year, appears annually in the April issue.
Copies of the reporting forms and instructions may be obtained from the Office of
Treasury Department, Washington 25, D. C, or from Federal Reserve Banks.
alance of Payments, Office of International Affairs,
,
.
Treasury Bulletin \
82
.CAPITAL MOVHylENTS
.
Section I - Summary by Periods
Table !•* Net Movements of Banking Funds and Transactions in Long-Term Securities with Foreigners^
(In millions of dollars; negative figures Indicate a net outflow of capital from the Ifeited States)
Analysis of net movement
Changes in liabilities to foreigners
Calendar year
or month
Net
movement
Total
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
-767.6
261.8
280.9
164.5
1,576.3
-387.7
1,225.2
1,278.1
521.9
945.0
416.4
-940.5
-903.6
3,338.5
479.8
-404.8
-752.1
550.3
405.7
-25.1
1,971.5
73.3
1,560.0
1,090.5
1,420.3
1,367.4
1,493.2
369.6
989.8
4,353.2
2,268.0
1,909.2
1962
305.4
1,822.9
1963
-773.9 2/4/ 1,''59.9
1963-February..
March
April
May
June
July
August. ..
September.
October. .
November.
December.
-272.6
1964- January p.
February p
Short-term
banking
funds
-418.4
636.2
601.5
-100.0
1,026.8
657.4
1,243.9
1,102.4
1,270.2
682.1
1,338.4
219.1
1,000.8
3,229.6
1,882.9
1,178.7
•
Changes in claims on foreigners
Transactions in:
Long-term
banking
funds
0.5
3.2
-3.6
-0.3
0.3
0.2
1.1
-0.4
0.8
0.1
-1.5
8.7
-8.3
-0.8
6.7
-5.2
U.S. Gov'
bonds
and
notes 2/
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
Short-term
banking
funds
Other
domestic
securities
2/
-64.5
-150.6
-U4.3
-21.2
2.3
98.7
12.7
70.5
141.1
156.2
291.3
193.9
-39.0
435.5
251.8
223.5
-15.5
-288.5
-124.8
189.6
-395.2
-461.0
-334.8
187.6
-898.4
-422.4
-1,076.8
-1,310.1
-1,893.4
-1,014.7
-1,788.2
-2,3U.O
-315.5
-240.7
-69.8
190.8
-76.2
-70.5
-80.3
144.2
-482.0
-162.0
-397.2
-253.7
-342.6
-82.0
-990.2
-1,148.2
Long-term
banking
funds
34.9
-86.8
39.8
-29.0
-173.6
-13.5
-36.6
115.6
-116.0
-230.0
-168.5
-334.3
-188.3
-183.0
-153.. 3
-335.4
Transactions
in foreign
securities
265.1
39.0
-94.8
27.8
-U5.4
-377.0
-217.9
-72.2
-300.4
-30.4
••511.1
-722.1
-1,362.5
-749.7
-644.7
-830.4
A
..
April
1964
83
.CAPITAL MOVBiENTS.
Section I - Summary by Periods
Table 2.- Banking Liabilities to and Claims on Foreigners;/
(Position at end of period in millions of dollars)
Short-term liabilities to foreigners
Payable in dollars
End of calendar
year or month
Total
shortterm
liabilities
Foreign countries
Official
institutions
Foreign
banks
Payable
Other
foreigners
International
and
regional
1961
6,883.1
6,480.3
7,116.4
7,718.0
7,618.0
8,644.8
9,302.2
10,546.1
11,648.4
12,918.6
13,600.7
14,939.1
15,158.3
16,159.1
19,388.7
21,271.6
22,450.3
4,179.0
3,043.7
1,831.9
2,836.3
2,907.7
3,615.5
3,547.6
4,654.2
5,666.9
6,770.1
6,952.8
8,045.4 4/
7,916.6 4/
8,664.9
9,154.3
10,212.3
10,893.2
2/
2/
2/
2/
2/
2,064.0
2,528.2
2,569.8
2,529.3
2,530.4
2,943.1
3,362.9 4/
3,413.0 4/
3,460.5
4,601.1
4,704.8
5,299.5
2,678.5
2,922.2
2,972.8
2,947.1
3,001.5
1,392.5
1,513.0
1,675.8
1,779.1
1,805.1
1,783.5
2,029.8
2,252.3
2,430.4
2,398.1
2,229.6
2,355.5
473.7
2,262.0
1,864.3
1,657.8
1,527.8
1,641.1
1,584.9
1,629.4
1,769.9
1,881.1
1,452.1
1,517.3
1,544.0
3,158.1
4,011.8
3,751.7
1961 1/
1962
1963
22,532.6
25,021.6
25,964.7
10,893.3
11,915.3
12,440.4
5,380.4
5,251.0
5,689.5
2,356.9
2,564.4
3,046.2
1963-Febniary
March
April
May
June
July
August
September.
October
November
December
24,995.9
25,171.8
25,356.6
25,851.6
25,506.1
25,788.7
25,882.7
26,308.2
26,459.4
25,964.7
11,441.6
11,737.3
11,890.1
12,072.5
12,354.5
11,961.4
12,218.3
12,395.3
12,311.2
12,365.5
12,440.4
5,691.5
5,636.9
5,563.8
5,617.3
5,711.8
5,689.8
5,771.8
5,676.0
6,138.6
6,257.8
5,689.5
26,150.7
26,153.4
12,189.5
12,023.9
6,142.2
6,138.0
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1953
1959
I960
1964- January p.
February p
1/
2/
1/
V
y
6/
25,U2.8
.
.
.
,
.
.
Short-term claims on foreigners
Total
longTotal
term
shortliabil- terra
ities
claims
in
foreign
currencies
328.5
358.9
186.0
5,080.5
5,115.3
5,306.5
5,342.8
5,525.6
5,463.0
5,428.6
5,430.0
5,562.7
5,745.9
293.0
254.6
236.1
171.4
150.4 6/
143.4 6/
134.1 6/
2.2
4.3
43.4
2,654.1
2,671.7
2,757.9
2,762.0
2,821.2
2,796.2
2,863.6
2,920.5
2,942.7
3,024.0
3,046.2
5,058.6
4,982.4
5,028.6
4,861.5
4,837.6
4,950.2
4,823.2
4,782.7
4,770.9
4,682.7
4,654.6
150.1
4.3
5.6
11.3
28.5
35.1
3,001.0
3,068.2
4,687.5
4,798.2
130.6
125.1 6/
For exclusions see headnote on page 81.
Included with "Other foreigners."
Included with "Other claims."
Beginning in August 1956 and also in April 1957, certain accounts previously classified as "Foreign banks" are included with "Official
institutions."
Differs from 1961 end-year data on the preceding line by inclusion of
liabilities and claims reported by a number of banks included in the
series beginning December 31, 1961.
Includes reported liabilities to foreign official institutions begin-
1.0
1.2
2.3
1.8
2.7
2.3
1.2
9.9
1.6
72.2
61.4
43.7
43.2
40.3
48.8
59.0
59.4
77.2
I
.8
113.1
U3.4
6/
116.1
129.5
126.6 6/
108.4
111.7
108.2
144.8
129.5
134.1 6/
7/
8/
p
U.5
48.0
46.8
46.8
43.9
43.4
47.4
46.3
Other
foreigners
4,820.3
5,163.2
5,914.8
3,751.7
5,147.5
4,654.6
U.9
Foreign
banks
87.9
85.2
243.0
160.9
176.6
241.9
400.7
350.9
290.3
328.5
150.4 6/
.7
Official
institutions
2/
2/
2/
2/
2/
104.2
109.8
131.7
109.8
142.0
235.6
330.4
303.0
427.5
7.5
2.2
.9
1.4
4.6
1.0
Payable
in
100.3
319.6
292.9
361.2
222.7
151.1
177.2
122.9
156.5
206.5
328.1
405.4
385.5
439.4
497.6
524.3
699.4
392.8
708.3
948.9
1,018.7
827.9
898.0
968.4
1,048.7
904.5
1,386.5
1,548.5
1,945.7
2,199.4
2,542.0
2,624.0
3,614.2
4,762.3
25.5
40.6
49.7
70.4
51.0
Payable in dollars
Loans to:
2/
2/
Other
claims
245.0
290.5
490.6
foreign
currencies
47.5
98.1
Total
longterm
claims
175.6
140.7
227.5
187.7
216.7
390.4
403.9
460.1
482.1
617.6
660.0
883.8
1,121.6
1,076.7
1,098.2
1,837.8
2,531.1
165.4
100.4
110.8
240.6
91.8
78.4
101.6
211.0
163.9
149.6
147.3
197.7
217.2
479.6
585.6
709.2
952.6
969.9
622.4
641.8
760.8
2,573.9
2,652.9
3,374.7
586.3
557.1
623.5
2,033.8
2,160.4
2,998.3 2/S^
5,9U.8
136.0
165.8
176.8
153.4
200.7
186.0
853.4
850.4
824.2
790.3
884.3
842.5
891.1
847.6
868.8
966.2
969.9
662.3
671.1
686.0
680.1
680.5
692.7
701.7
712.8
709.9
759.6
760.8
2,725.5
2,764.6
2,966.3
3,106.2
3,127.5
3,156.1
3,038.7
3,091.2
3,139.4
3,183.6
3,374.7
546.3
574.6
593.9
594.8
691.6
635.7
631.2
601.6
691.2
635.7
623.5
2,121.7
2,133.0
2,185.5
2,378.9 7/
2,396.5
2,431.0
2,471.9
2,508.8
2,506.6
2,567.2
2,998.3 8/
6,092.9
6,209.6
192.2
163.7
1,046.5
1,099.7
797.7
805.8
3,4U.9
641.6
636.1
3,030.9
3,098.3
2/
73.
86.1
U1.8
557.1
494.3
328.7
503.4
627.9
451.5
584.1
3,504.2
U0.5
324.9
U0.9
670.9
839.4
1,173.8
1,362.1
1,545.1
1,698.4
2,033.3
ning October 1961. Figures for selected dates are as follows:
end 1961, U6.3 million; end 1962, t47.9 million: March 1963, $47.9
million; June 1963, |25.5 million; December and end 1963, $30.1
million; February 196^, $30.1 million.
Includes claims previously held but first reported as of May 31, 1963;
as of that date such claims amounted to $35.6 million.
Includes claims amounting to $186.1 million reported by banks for the
first time as of December 31, 1963, representing in part claims
previously held by banks but not reported.
Preliminary.
,
. .
.
.
Treasury Bulletin
84
•
<
CAPITAL MOVHyQUTS.
Section I - Suimnary by Periods
Table 3.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
1/
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Government bonds and notes
U.S.
^
Corporate and other
Net purchases
Calendar year or month
Foreign countries International
Other and
Official
regional
Sales
414.5
344.8
282.4
430.0
1,236.4
673.6
533.7
646.0
800.9
1,341.1
883.4
666.1
1,223.9
1,216.9
1,729.6
1,743.7
1,779.9
1,867.1
684.2
283.3
330.3
333.6
294.3
356.6
231.4
728.0
792.7
812.1
018.3
718.3
187.6
528.0
603.0
231.5
507.9
196.2
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
-728.0
670.9
-269.7
-13.0
-55.4
9.4
824.2
-663.7
292.7
-96.7
-60.0
561.7
-204.9
117.0
-236.7
523.9
-97.9
-20.0
-206.6
369.1
1963-February.
March
April
May
June
July
August
September.
October. . .
November. .
December.
132.3
481.3
58.4
297.5
176.4
436.8
46.2
91.9
34.7
-37.5
4.5
88.8
32.4
-44.1
44.5
12.2
205.6
22.2
-10.2
142.2
83.3
8.0
104.7
-25.0
1964-January p
February p.
66.4
106.4
71.5
77.8
-5.1
28.6
1946.
1947.
1948.
1949.
1950.
1951.
1952.
1953.
1954.
1955.
1956.
1957.
1958.
1959.
1960.
1961.
1962.
1963.
.
56.9
40.7
175.5
171.0
35.0
193.5
7.5
.
.
50.9
33.2
87.7
26.9
-21.3
-.7
-11.8
-5.6
4.7
-9.0
5.0
42.9
81.9
14.1
43.4
-6.3
.8
-4.7
26.7
26.4
16.7
1.6
y
y
y
107.7
y
y
y
y
108.3
y
y
y
y
-.6
120.0
200.1
212.8
289.7
324.7
287.1
310.2
361.4
368.8
442.4
316.9
307.7
255.7
141.6
188.5
197.4
283.6
296.0
251.8
258.9
344.0
296.2
392.3
416.1
359.0
246.4
-21.6
11.7
15.3
-6.6
40.0
7.1
100.2
-8.0
-3.4
105.0
-3.3
20.5
15.3
17.7
27.8
16.0
23.7
23.3
12.8
14.2
18.4
29.5
18.1
15.1
16.7
17.4
24.6
15.3
22.1
19.6
16.9
25.2
27.7
26.9
13.4
17.7
21.9
3.0
60.4
-14.0
-48.6
.5
For exclusions see headnote on page 81.
Through 1949, includes transactions in corporate bonds.
1/
y
Net
purchases
74.5
7.5
87.0
117.9
-19.3
9.6
14.7
68.3
-32.7
70.0
-169.1
273.0
164.9
224.5
532.2
-521.4
301.8
1/
5.1
126.7
30.9
Sales
2/
Net
purchases
Stocks
Bonds 2/
Net
purchases
Purchases
367.6
226.1
369.7
354.1
666.9
739.8
650.2
589.1
1,115.1
1,561.2
1,619.5
1,306.4
1,397.3
2,224.4
1,976.5
3,067.3
2,260.2
2,724.0
432.1
376.7
514.1
375.3
664.0
619.5
649.2
533.9
980.2
1,433.7
1,363.5
1,163.8
1,453.6
1,861.5
1,774.8
2,744.6
2,149.1
2,526.5
-64.5
-150.6
-144.3
-21.2
172
161
218
221
317
176
185.0
216.0
254.8
202.2
226.0
-9.5
1.2
-6.8
-2.7
-6.8
1.7
162.8
161.5
255.5
282.0
338.2
134.4
201.3
226.5
246.6
240.0
247.3
9.1
-8.5
282.0
216.8
278.3
242.4
6.1
28.7
35.3
51.3
17.3
72.6
50.1
-99.2
-51.3
9.3
8
of
doL-estic
secxirities
-334.2
-89.1
-192.2
75.2
2.9
9U.4
120.3
-584.3
314.9
-11.5
149.3
685.2
156.4
L41.8
-2.7
1,124.4
378.4
735.7
-668.2
877.8
1.0
55.2
135.0
127.5
256.0
142.6
-56.3
362.9
201.7
322.7
111.1
197.5
-51.1
44.9
50.2
276.2
34.4
6.0
159.8
87.0
-2.8
135.5
-2.0
.2
36.9
60.2
20.7
7.8
16.3
10.5
-8.2
37.8
21.2
7.7
-5.5
3.7
-25.6
Through 1949, included with transactions in U, S, Government
Preliminary.
bonds and notes.
p
Table 4.- Purchases and Sales of Long-Term Foreign Securities by Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Foreign bonds
Calendar year or month
Sales
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
490.4
634.3
291.4
589.2
500.4
495.3
542.5
792.4
693.3
606.5
699.0
889.0
945.6
882.9
801.9
1,093.3
990.5
-12.6
-7.2
-19.7
-1.5
-23.7
-1.0
20.7
28.9
42.2
34.4
77.0
62.0
44.7
35.8
32.3
26.2
88.8
173.8
272.3
-152.7
-102.1
-59.6
-264.7
-100.3
-41.5
-65.4
-4.2
6.9
-32.3
-22.1
2.7
-75.0
61.5
84.3
121.0
144.0
56.8
75.1
45.1
227.6
28.6
40.4
214.2
186.4
180.6
408.7
157.0
116.6
110.5
231.8
43.2
60.9
62.4
1964-January p.
February p
39.9
50.8
37.2
125.8
Preliminary.
42.1
43.9
59.9
69.9
62.7
59.3
72.9
73.6
86.9
60.6
78.8
43.0
23.2
31.0
27.7
28.3
9.8
-121.0
-300.6
-182.1
-79.0
-48.8
183.9
-385.0
-693.1
-1,026.1
-512.0
-562.1
-4to.4
-944.0
-1,095.4
311.5-
---
57.1
81.7
293.
310.
393.
663.
749.
592.8
467.2
566.1
509.1
595.7
702.0
695.6
50
60
66
67
59
55
Total
sales
purchases
-.4
14.6
-15.0
18.0
-24.4
-76.4
-35.8
6.8
-251.6
-214.3
-126.1
-29.1
-336.4
-237.7
-82.6
-370.0
-103.9
51.2
710.2
801.0
677.4
621.5
841.3
509.4
991.5
1,392.0
1,915.1
1,457.6
1,445.0
1,262.4
2,037.3
2,086.0
.
Sales
Total
purchases
Net
65.6
42.6
96.7
70.8
198.2
348.7
329.6
303.4
644.9
877.9
875.2
621.9
803.7
803.8
591.7
965.6
805.9
644.3
65.2
1963-February..
March
April
May
June
July
August. . .
September.
October. .
November.
December.
50.1
Purchases
265.5
24.5
-79.8
755.9
658.7
211.6
3_2J.^.
Foreign stocks
Net
purchases
821.2
715.9
293.3
Net purchases
of foreign
securities
676.8
388.2
382.3
908.4
1,149.7
1,007.0
924.9
1,486.1
1,387.3
1,866.8
2,014.0
2,718.8
2,261.5
2,036.7
2,228.0
2,843.2
2,730.3
265.1
39.0
-94.8
27.8
-145.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-644.7
-830.4
-1,047.9
-1,044.2
271.5
110.0
98.5
103.0
273.6
259.3
254.2
495.5
217.6
195.3
153.5
255.0
74.2
88.5
90.7
-161.5
-114.7
-66.8
-284.4
-101.8
-65.1
-66.3
16.5
35.8
10.0
12.4
116.9
112.8
81.9
161.6
35.0
-48.8
ao.i
763.0
772.7
789.1
852.7
1,185.8
1,356.9
1,355.7
1,291.8
1,356.2
1,511.7
1,392.0
1,397.6
1,795.3
1,686.1
112.
144.
187.
211.
115.'
130.
87.
556.1
^
April
1964
85
.CAPITAL MOVMENTS.
Section II - Summary by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners
(Position at end of period in millions of dollars)
Country
i/
.
.
Treasury Bulletin
86
\
.CAPITAL MOVEMENTS.
Section
Table 2.
-
-
II
Summary by Countries
Short-Terra Banking Claims on Foreigners
1/
(Position at end of period in millions of dollars)
Calendar year
Country
I960
1961
1963
1962
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/....
D.S.S.R
Other Eastern Europe 2/ 2/
Total Europe
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
2.3
65.1
13,2
9.2
32.0
81.8
6.2
34.1
33.3
17.0
3.9
7.6
27.9
59.5
48.8
245.3
11.1
10.9
5.0
20.0
10.8
22.6
42.2
165.5
5.8
35.0
54.4
27.5
4.5
11.1
35.0
105.1
16.1
180.8
8.6
9.0
^
Total Latin America,
7.6
8.0
716.7
767.2
421.1
555.8
120.8
225.4
72.7
80.4
25.5
343.4
22.6
44.3
57,0
191.8
186.3
127.0
125.3
19.2
425.0
31.9
73.7
54.7
234.5
1U,2
55.1
55.8
8.5
65.5
13.4
73.5
1,355.6
1,521.8
1.7
9.3
9.2
1.7
9.4
y
Asia;
China Mainland.
Hong Kong
India
Indonesia
Israel
.2
23.9
805.9
2.1
Japan.,,,'.
Korea
Philippines.
Taiwan
Thailand
Other Asia
, .
Total Asia.
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
;
Total Africa.
Other countries ;
Australia
All other 2/
Total other countries 8/.
8.2
.3
35.7
1,528.0 6/
3.9
18.6
7,3
24.0
150.0
114.4
9,9
1,052.2
1,890.6
2.5
2/
34.1
144.9
6.0
1/
2/
10.3
13.2
2^
8/
S/
n.o
3.2
27.6
24.2
28.8
26.6
68.5
84.9
International and regional .
Grand total
5.7
19.5
.1
;
American Republics 4/.
Bermuda
Antilles and Surinam.
America 4/
7.3
32.2
13.6
30.1
68.2
186.1
6.5
53.6
26.9
35.0
8.8
19.4
17.8
75.4
41.5
221.4
3,614.2
4,820.36/
7.9
1963
September
October
196i
November
December
January
p
February p
^
;
1964
April
87
.CAPITAL MOVIMENTS,
Section II - Sunuoary by Countries
Table 3.- Long-Term Banking Claims on Foreigners
iPosition at end of period in millions of dollars)
Calendar year
196i
1963 1/
Country
1960
1961
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe,
2,9
35.1
7,1
5,2
20.5
23.2
4.0
37,1
13,6
l/U.,6
2.7
i.5
38.8
2.2
.1
15.3
1.8
7.9
S. S. R
Other Eastern Europe.
n.
Total Europe
366.6
Canada
75.5
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay, ,
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
113.4
233.7
42.5
25.7
.9
182.0
30.3
12. 1
.4
,
American Republics ^ZBermuda
Antilles and Surinam,,
America 3/ 4'^
Total Latin America
Asia :
China Mainland,
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines, , ,.
Taiwan
Thailand
Other Asia
Total Asia,
Africa:
Congo ( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa
Other countries:
Austral ia
All other
y
Total other countries 6/,
International and regional .
Grand total
189.8
9.2
V
3,4
65.4
913.9
19,4
44,4
10,2
19.1
.9
15.6
.4
8.2
15.7
134.1
39.7
y
61,0
4.8
6/
1962
1963 1/ 2/ September
December 2/
January p February p
.
.
p
..
,
Treasury Bulletin
S6
^
CAPITAL MOVMENTS
Section II - Sunmary by Countries
Table 4.- Net Transactions In U. S. Government Bonds and Notes by Foreigners
1/
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1%3
Calendar year
Country
1960
1961
1962
1963
1,985
588
-2,681
-2,050
1964
through
February
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Noruay
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.
S.
S.
-189
6
-3i9
-35,359
6,392
-1
-31 ,665
1,999
-620
-275
-59
-112
-1,070
-22,391
77
-220
11,807
-10,917
-3,193
-3,231
-14,355
-391
-1,379
188
-40
249
-1 ,473
-38,758
-16
-154
-126
-112
89,105
15,175
-11,320
-76
-18,32i
26i
-28
-889
-i,577
1,773
-86
-62
-23,577
-391
175
79
-16
553
504
38,
%5
-1
2
175
377
-108
-13
25
-40
-13
-13
-1U
11
503
526
-65,319
39,405
247
-19
-8,762
59,403
2,646
1,658
2,168
3,788
-42
-70
-90
13
-35,360
2,005
-131,512
70,894
64,643
-36,551
13,112
U9
296,901
17,603
5
154
-332
-19
-4
-141
33
20
148
19
-41
-1
12
139
266
-65
-335
201
-30
-135
-25
-5
-324
-1,258
122
105
-32
347
-365
1,522
114
10
R
Other Eastern Europe.
Total Europe
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics . .
Bahamas and Bermuda.
Netherlands Antilles and Surinam.
Other Latin America
Total Latin America
il5
-29
-49
-43,515
-1,071
-650
-780
662
-245
-841
-69,
64
-41
-83
-9,486
-23
60
301
-329
55
-2U
51
-227
811
357
1,398
1,467
123
533
-45,783
683
2,1U
-IS
-14
1,157
39,700
-9
-35,003
-39
-476
561
-26
-1
23
26
-963
-818
-21
-950
48
-236
-52
735
-8,584
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
-1,561
-191
-5
-3,516
Total Asia.
34,045
.
.
346
-1 ,000
-531
6
-201
2
-6
-76
-654
-4,501
1,694
-4,005
-36,270
-5,837
652
-3,663
-55
-88
109
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)..
Other Africa
3,255
500
-1,971
1,023
1,400
Total Africa
3,267
503
-1,972
380
1,509
Other countries:
Australia
All other.....
Total other countries
International and regional:
International
European regional
Latin American regional.,.,,,..,.
Total international and regional
Grand total
4
8
3
-49
-17,445
-19
2
-17,494
-17
339,923
-441,527
330,574
192,236
-79,843
-28,783
224,468
532,159
-521 ,370
301,791
126,592
512,191
-727,989
670,915
224,463
September
October
November
196i
December
January p
).
April
C
.
89
1964
,
CAPITAL MOViMENTS.
Section II - Sumary by Countries
Table 5.- Net Transactions in Long-Term Domestic Bonds,
Other Than U. S. Government Bonds and Notes» by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
1963
Calendar year
Country
I960
1962
1961
1964
September
through
February p
1963
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
,
Other Western Europe.
-10
2,765
89
-119
482
-635
39
-231
5,489
-218
-79
-9
-439
-410
23
-1,793
-409
-24
-98
-76
-1,271
-136
-451
-3
585
368
580
-246
-103
14
-3
-297
-9,394
-7,915
-428
-2,616
-78
54
140
269
2,654
-19
-927
-1,545
14,804
-110
-334
-1,128
11,258
204
55,766
37
-6,818
278
-179
4,582
-12
-5,719
11,345
-4
7,616
3,226
-176
-4,366
60,045
-19,846
10,674
33,345
7,695
-39,058
-89,628
-76,249
-51,845
-8,811
-86
386
-214
240
-120
-54
544
-698
-1,265
-16
132
917
65
108
217
687
-70
31
-1
19
58
211
-6
9,507
. .
U.
S.
S.
-1
Other Eastern Europe.
Total Europe.
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
56
A9
1,751
1,292
58
American Republics 1/
Bermuda
Antilles and Surinam.
America 1/2/
Total Latin America
395
1,394
755
793
2/
10,349
54
-397
-887
2/
417
208
2,475
17,609
-130
-115
317
-56
37
52
8
-37
352
48
95
57
69
-2,705
-2
1,589
-35
289
2/
-542
912
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
33
-28
Total international and regional.
Grand total.
2/
1,284
20
-148
179
-10
-118
35
12
-71
1,786
1,153
796
5,302
-476
671
6
-2
233
17
-10
-12
-29
-6
56
93
2/
104
-18
904
297
3
65
-8
87
4,905
213
470
766
6,143
514
2/
52
2/
-2
2/
82
55
Total Africa.
Total other countries 4/
9
1
736
South Africa
United Arab Republic (Egypt)
Other Africa
International and reEional;
International
European regional .,
Latin American regional
266
98
4
Africa:
Congo (Leopoldville
Morocco
Other countries:
Australia
All other 2/
18
81
35
-6
-22
328
-703
4
Asia:
1/
782
R
2/
-19
-2
2/
J/
_J/
2/
4/
A/
4/
4/
-11
9
22
476
49
166
-792
29
602
194
11,548
9,878
12,078
16,190
-903
59_
11,548
50,
9,878
12,073
-99,227
-51,333
Through April 1963, "Other Latin American Republics" include only
Bolivia, Dominican Republic, Guatemala and El Salvador; other Latin
American republics included with "Other Latin America."
America.
Through 1963, Bahamas and Bermuda are included with "Other Latin
-8
2
-115
-13
.
.
Treasury Bulletin\
90
CAPITAL MDVMENTS.
,
i
Section II - Summary by Countries
6.Table
Net Transactions In Domestic Stocks by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1960
1961
1964
1963
Country
1962
1963
-202
-3,697
-268
-425
4,852
31,618
12
-2,972
8,504
-898
429
217
-3,862
117,236
-262
-40,589
1,968
-10,960
-641
-891
-9,006
-8,370
-327
5,004
3,075
-1,412
15,595
1964
Septeiiber
througl
February p
November
October
December
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe....
U.S.S.R
Other Eastern Europe 1/,
195
2,245
790
-116
37,881
19,716
-259
29,219
-4,260
-399
10,820
376
121
115,048
108
-40,920
-13
2,939
Total Europe.
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 2/
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin America 2/ 2/
Total Latin America
580
3,141
-1,810
-427
22,587
22,7ll
-709
14,272
28,971
-668
6,538
1,559
-1,200
161,565
23?
-10,940
12
5,718
-143
858
-13
242
384
-24
347
589
-3,028
2,302
-63
1,792
7,892
-1,457
3,857
-162
-245
-11,254
-4,191
-41,638
-587
-1,111
-7
450
16
-157
890
104
-37
239
103
8,509
4
625
431
6
231
632
-45
-79
-721
-1,620
2,588
-688
234
-2,230
1
26
1,126
-1,222
282
904
-540
108
-10,333
1,488
2,733
3,473
-267
-25,393
459
196,896
362
-1,304
3
-14
-14
660
17
18
173,497
252,121
113,152
166,037
-44,505
9,413
-6,281
-21,878
32,866
5,132
10,595
3,330
-7,965
-2,715
5,395
-641
1,793
1,735
62
-1,673
-1,211
3,540
918
-2,944
3,561
1,086
-522
5,238
1,063
742
355
5,430
9,824
378
-1,163
8,806
2,660
120
62
-127
-12
78
-225
306
261
285
171
552
714
-184
-6,029
3,881
-1,290
-21,587
3,017
-789
8
-48
-107
-496
546
107
106
-226
4
629
-945
y
11,962
y
y
2,461
3,007
2,249
1,097
-136
-777
-1,300
897
347
-1,055
1,160
-124
9,374
2,224
1,594
-1,715
18,064
44,409
172
8,317
87
-40
105
504
9
-92
37,684
200
14,577
121
-737
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-1,285
100
4,202
28
113
-81
-69
34
689
-127
154
4,921
Total Asia.
12,352
58
181
Morocco
South Africa
United Arab Republic
Other Africa
-1,238
2,566
361
43
146
373
-4
10,737
-349
593
-445
-345
-50
-480
-352
52
2,369
-1,680
-829
936
473
33
-253
-100
423
-1,907
-505
54
-349
10
233
526
-1,792
437
-21,293
8,639
11,466
-3,714
-578
56
-118
3,227
114
-39
472
615
-45
396
-8
3
-54
611
1,092
y
220
-23,249
65
77
738
-1,505
32
-1
33
8
-24
16
-2
5
-30
39
48
-71
147
3,345
6,282
656
-97
24
-8
-123
-47
395
43,254
-18,279
10,915
-676
12
-52
34
27
51
7
17
-6
-322
213
-61
i/
64
768
515
103
-5
69
2
-13
120
132
3
10
20
7
-628
709
686
-12
21
11
230
140
76
62
-U
y
y
436
183
-356
800
797
1,326
636
-533
223
-107
-332
-120
-11
-5
-69
-259
^..
1,680
2,726
203
982
-452
-16
-328
International and regional:
International
European regional
Latin American regional...
2,424
2,082
4,481
5,959
-115
1,264
621
276
2,424
201,73b
2,082
322,714
4,481
111,130
5,8U
1,264
-21,872
621
10,526
276
-8,191
Egypt)...
709
-191
Total Africa
i/
Other countries:
Australia
All other V...
304
Total other countries
Total international and
regional
Grand total
,
,
1/
2/
2/
8,444
613
36
34,151
15,004
3
74_
4/
;
10
20,933
3
Asia:
Africa:
Congo (Leopoldville)
129
286
42
-649
5,177
655
470
183
-433
-287
-485
-95
-42
682
3,550
207
119
225
-329
2,746
64
27
197,549
Through April 1963, includes Czechoslovakia, Poland and Rumania only.
Through April 1963, "Other Latin American Republics" Include only
Bolivia, Dominican Republic, Guatemala and El Salvador; data for other
Latin American republics included with "Other Latin America."
Through 1963, Bahamas and Bermuda are included with "Other Latin America."
y
P
Through 1963,
Africa."
Through 1963,
Preliminary.
5
235
-33
426
-532
339
105
-122
283
-578
2,940
30
-224
145
108
552
January p
1964
April
91
.CAPITAL MOVIMENTS.
Section II - Summary by Countries
Table 7.- Net Transactions In Long-Term Foreign Bonds by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
I960
1961
1964
1963
Country
1964
through
February p
1962
1963
-2,051
-10,111
-36,191
606
-37,252
-19,018
-459
9,504
30,920
-23,437
24
2,572
-338
29,212
28
27,579
-5,014
3,867
-56,627
-10,899
56,877
10,948
-1,006
-28,399
2,125
-46,623
-63
3,543
-3,037
56,514
January p
October
November
18
-1,546
73
-800
-74
1,172
289
20
18
158
-15
971
-3,569
-1,003
-13,273
-111
3,229
-184
4,111
-195
-2,063
-191
1,192
745
150
138
-1,020
-306
-498
15
191
238
2,405
-1,805
-375
28
-10
22
-332
1,099
-594
78
-16
-6
-585
1,743
-3,073
-1,138
-1,074
-53
-16
647
4,109
-7,003
-3,510
-27,015
-4,016
-1,727
-2,023
-586
-67
-2,587
-394
September
Europe:
210
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe X/
D.
S.
S.
15,307
492
3,305
14, 531
-24,056
-981
39,485
263
-7,666
293
1,432
-6,618
Ul
5
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics
Bahamas and Bernuda
Netherlands Antilles and Surinam,
Other Latin America J/
^
^
Total Latin America
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa;
Congo ( Leopoldville )
Morocco
South Africa
United Arab Republic (Egypt).
.'. .
Other Africa
3
311
-5
-11
194
-42,113
-14,774
-44,018
-43,675
8,U2
-21,852
-2,777
-27,400
-3,793
4,692
-209,738
-244,218
-434,047
-744,318
U2
-24,971
14,820
-3,704
-16,610
3,942
5,639
6,884
965
4,068
-5,244
-53,049
-30,141
-6,904
8,934
2,111
901
362
-19,622
1,470
107
9,124
3,298
250
400
8,091
40
-36
148
-276
733
72
124
-72
208
246
46
518
229
141
162
249
34
-13
4,086
1,518
408
500
-419
541
51
388
-28,413
-8,325
-23
1,679
1,923
456
-5,164
-223
45
9,244
-1,291
359
152
-1,686
124
5
-70
9
1,574
-5,694
3,142
2,884
-12,638
-1,933
-2,802
-174
4/
-1,942
-11,349
-6,326
-12,168
1,631
-9,974
-83,224
-31,018
-34,671
-25,734
-2,042
12
613
2,812
-55,350
-50,549
4
18
-453
-140
-3,830
1,046
-63
4
-49,149
-94,191
-700
315
1,000
-1,518
-4,228
-39,874
-112,330
-147,484
1,675
-16
-50
-1,068
930
-52
-61,477
-130,363
1,294
45
6
5
27
-1,839
16,211
477
3,221
1,920
1,978
-346
1,000
161
-17
10
-132
-22
-52
86
80
-580
50
-134
132
54
7
-73
-15
271
-22
-1
-18,225
12,719
-1,016
2,847
50
-5,909
-5,118
-6,835
71
-272
16
-11,243
151
-12,639
90
-550
-11,004
-6,804
-11,742
-12,300
-10
563
79
251
450
-17
5,653
-10
289
71
3,903
y
y
y
y
y
-43,029
-1,814
-15,280
-19,320
-34,383
-27,320
Total other countries 6/,..
-39,313
-58,741
International and regional;
International
European regional 1/
Latin American regional ^.
-147,831
1/
648
1/
Grand total
27
1,534
176
149
169
18,748
y
Total international and
regional
36
2,224
140
-1,240
-209
745
-SO
31
136
716
-4
9,435
¥
-603
46
226
256
64
155
-65
-58
-4,801
y
Total Africa
137
567
-177,251
13,279
Other countries;
Australia
All other i/
1,602
1,000
2,500
12,763
301
5,557
-11
30
151
-1,792
1,052
2,509
13,060
6
y
51
578
5
-12,867
-8,465
-2,854
704
-447
-2
1,660
-2
24
-48,161
1,507
-79,
195
2,349
i/
-24,147
2/
973
6,337
R
Other Eastern Europe 1/ 2/
y
591
-1
25
-126
4
-15,601
-35,525
,
-3
1,177
6,359
-4
-3,474
-2,000
-1,797
-115
-22
2,467
9,779
119
-424
52
-11
500
.
539
-2,156
5,223
-131
13,122
-2,589
-1,943
-123
4,007
-1,147
-3,155
-114
6,029
-500
4,697
69
-5,338
1,571
-23,647
434
-2,704
-43,531
,
-8,335
-13,838
-14,349
33
135
-1
24
-28
50
474
5,608
329
624
3,982
251
-22,243
5,019
1,041
2,142
46
1,161
22
7
304
356
695
18
-48,124
-7,789
1,063
2,188
1,168
660
713
-166,347
5,000
-74,285
-105,270
8,597
3,971
24
1,481
807
3,178
1,830
77
3,353
15
1,928
26
-U7,831
648
-235,632
-96,673
3,995
1,489
3,985
1.954
1,907
3,368
-562,093
-460,433
-943,976
1,095,440
-72,258
-4,205
6,920
-32,255
-22,050
2,722
"Other Western Europe" may include transactions with regional organizations through June 1962, and with some Eastern European countries
through April 1963.
Through April 1963, includes Czechoslovakia, Poland, and Rumania only.
Through April 1963, "Other Latin American Republics" include only
Bolivia, Dominican Republic, Guatemala and El Salvador; data for
other Latin American Republics included with "Other Latin America."
J/
^
6/
p
"Other Latin America" includes Bahamas and Bermuda through 1963,
and may include Latin American regional organizations through I960.
Through 1963, "All other" countries include Morocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
:
Treasury Btilletin
92
.CAPITAL MOVMENTS,
Table 8.
-
Section II - Summary by Countries
Net Transactions In Foreign Stocks by Forelgmera
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the Dnited States)
Calendar year
1963
Country
1961
1960
1962
1963
196i
through
February p
September
October
1964
November
December
January p
February p
Europe;
-13
-922
-315
-23
-4,206
-17,674
-583
-12,517
-87,906
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain.
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe 1/
Total Europe
847
121
-23
11,889
-6,312
97
42,147
186
13,8
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 2/
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin America 2/ J/
Total Latin America
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-31,235
-36,646
-200
-4,049
-71,852
464
-19
-7,832
40
-63,387
-39,509
-13,747
-494
3,395
-66,074
-491
285
-832
-266
-20,944
-18
4,081
-377
-1,292
370
-3,034
-495
-28, 590
-12
108
2,474
-251
-28,404
6,881
-202
4,604
-4,340
487
40
-i,918
405
-10,316
-86
25,012
-1
123
25
6,932
12
220
2
52
-54
806
7,060
46
379
19,707
178
1,725
39
-38
-90
388
-5,245
-1,618
8,810
273
-587
-75,207
Canada
-176
-6,946
-170
-7
516
-9
-136
2,785
74
3,234
-4
12,080
971
-16
-128
119
2,977
3,742
5,363
148
7
-62
111
953
6
2,194
8,097
2,943
-5
5,266
21
111
2(B
-131
707
2,864
212
-22
-36
59
1,353
13
-5,381
37,504
10,981
12,873
29,476
19,364
18,890
13,614
74,254
130,041
18,990
8,649
13,605
12,064
14,881
12,051
6,939
-651
-3,159
-222
-1,246
-1
-86
78
7
-52
48
492
244
270
3
-2
-1
-23
-45
254
-14
11
19
61
94
35
-39
163
126
3
19
1
-47
107
128
-19
-365
150
-12
-77
796
4
-1,162
-250
-21
-57
-124
-235
98
42
105
-109
-939
42
-100
-311
-1,255
28
30
-657
99
159
i/
2/
608
2,060
-25,397
811
-13,996
-4,447
555
1
13
-1
62
239
-7
-24,207
-27,355
-6,077
203
-1,352
113
1,173
-50
-147
-13
2
-1,127
-82
-486
-47
-8
-4,319
-22,206
504
253
109
-25
-25
81
210
-4
-44
-25
43
1
-164
998
-95
1,343
-100
1,342
-771
1,443
93
2,074
108
642
4
4
-46
-7
360
910
396
2
-1,157
70
145
-152
-945
-68
374
-52
10
70
-9
104
46
-316
9
19
2
25
188
186
-18
12
28
-990
-649
-1,003
-349
2
52
2,978
19
-8
9
11
4
-6
1,217
124
y
y
y
y
-80
54
-297
-65
-55
-13,603
-121
-747
-906
-501
241
61
326
^
2,869
-13,952
-1,640
201
241
61
326
International and regional
International
European regional
Latin American regional
735
643
1,056
1,073
106
18
y
249
42
1
3
2
201
2,716
40
-43
-6
-110
474
-43
162
6
V
-234
204
-3
-60
10
-8
-6,697
5
8
8
-74,893
1/
2/
238
-143,717
-27,758
Total international and regional.
35
-74,117
-8,251
Grand total
168
9,561
43
-18
-75
222
490
-1,617
4,460
-246,922
-753
Total other countries
200
15
-56
267
636
1,945
170
5,115
46
211
10,146
-4
-20
-15
166
-5,735
-1
4,350
-24
-718
V
-2,289
2,173
-27
1,011
7,625
-24
-66
-2
-27
-515
Other countries:
Australia
All other
2
-1,857
-62
187
-326
88
113
2/
722
100
-307
-548
-4,294
-1,765
-180
-16
48
-744
Total Africa
2,562
52
-1,510
15
-4,030
-68,958
202
-367
-210
-27
-512
Total Asia
-3
28
4,370
-356
-1,684
-284
-960
-91
-1,425
1,385
1,128
-425
172
99
i/
-2,485
-1,020
-334
2
Africa:
Congo ( Leopoldvill e)
Morocco
South A f rica
United Arab Republic (Egypt)
Other Africa
21
2,405
-34
259
1
5
4
-42
-35
-80
-83
-29
17
-67
3,052
800
1,198
1,309
537
2,217
835
-75
15
-11
13
-9
-27
-79
17
785
643
1,056
•369,954
-103,882
1
1
-75
-82,624
55
1
-352
22
-97
-52
13
-93
296
155
59
182
296
155
59
182
78
189
30
76
-656
1,073
106
18
2U
58,461
20,676
51,
Through April 1963, includes Czechoslovakia, Poland and Rumania only.
Through April 1963, "Other Latin American Republics" include only
Bolivia, Dominican Republic, Guatemala and El Salvador; other Latin
American republics included with "Other Latin America."
Through 1963, Bahamas and Bermuda are included with "Other Latin Americ
4/
y
p
28,878
78
139
30
76
42,240
34,425
32,257
26,204
Through 1963, "All other" countries include Harocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
'
April
1964
93
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 9.- Estimated Holdings of U. S. Government Bonds and Notes
(Position at end of period in millions of dollars)
Coun try-
,
Treasury Bulletin
94
CAPITAL MOVEMENTS
Section III - Preliminary Detail? by Countries
Table 1.- Short-Term Banking Liabilities To Foreigners as of February 29, 1964
.i/
(Position in thousands of dollars)
Short-term liabilities payable in dollars
Country
Total
shortterm
liabilities
To foreign banks and official institutions
U.
Total
Deposits 2/
S.
U.
Treasury
bills and
certificates
Short-term
liabilities
payable
To all other foreigners
S.
Deposits ^/
Other
Treasury
bills and
in
Other
foreign
currencies
certificates
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
321,921
431,095
157,341
107,698
1,467,212
3,157,079
167,011
535,331
294,484
96,263
200,333
217,264
430,872
918,615
28,053
319,128
400,889
U9,993
242,294
300,725
64,889
67,268
235,635
225,346
68,700
55,197
73,600
30,500
l,02i,983
2,722,800
30,000
196,708
163,252
6,800
8,134
44,967
11,504
6,202
153,525
170,139
66,179
41,664
13,472
2,040
24,000
254,519
192,155
3,200
1,606
43,625
291,938
151
80,249
450
189,484
75,116
1,632
77,663
61
42
1,497
2,793
30,085
7,242
3,725
50,526
37,902
15,131
28,738
23,901
26,243
59,857
40,232
10,691
116,791
1,989
517,436
806
8,851
243
1,442
2,671
25,251
6,813
3,725
44,679
31,773
15,131
26,769
16,217
25,629
59,560
37,673
10,679
72,562
1,957
149,888
806
3,064
243
1,406
40
508
348
82
121
106
4,326
81
103,970
3.,414,U3
3,118,285
151,880
505,757
269,448
69,819
140,431
176,959
420,081
763,016
26,064
1,173,007
12,352
309,915
2,086
20,612
137,231
151,353
121,937
283,923
25,913
1,017,642
10,270
42,768
2,044
19,054
27
9
10,634,329
9,552,835
3,425,081
5,113,458
1,014,296
984,624
541,496
55,920
3»7,208
96,870
3,034,252
2,765,881
1,820,703
937,543
7,635
262,607
174,161
53,412
35,034
5.764
391,920
171,968
136,081
172,816
11,180
708,396
113,125
172,590
103,505
592,169
386,734
125,420
225,954
85,890
34,796
75,825
1,034
456,218
8,036
79,571
30,594
290,121
223,891
57,871
6,430
25,266
1,479
1,495
79,921
314
33
2,550
10,238
46,153
6,032
165,634
85,878
101,270
96,963
10,146
251,768
104,492
92,775
72,908
302,048
159,498
60,245
162,476
84,699
97,714
93,728.
9,951
242,022
75,747
91,702
65,578
298,939
156,635
48,624
95
157
315
95
1,266
6,467
64
425
93
130
3,183
3,158
1,084
3,399
2,920
100
8,480
22,278
1,009
6,905
3,016
2,733
8,438
332
200
64,44.2
161,653
60,624
33,317
74,130
1,034
22?, 497
7,722
79,533
28,044
279,883
144,938
57,321
78,729
26,239
32,931
5,651
19,664
5,003
9,589
3,678
648
45,797
17,418
28,591
17,218
2,..l
XIO
14,525
3,190,872
1,6U,954
1,175,363
255,349
184,2^2
1,566,840
1,473,624
15,171
78,045
China Mainland
Hong Kqng
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
35,575
71,804
51,932
48,618
128,848
2,389,080
126,352
203,071
176,721
399,752
441,382
29,663
37,150
39,905
46,495
123,116
2,366,232
124,775
166,742
164,767
395,632
371,924
29,620
32,673
24,895
17,215
75,756
1,468,629
124,393
156,562
113,703
179,525
271,170
42
1
1,242
75
118
1,466
50
2,041
2,652
209,034
45,611
5,912
32,848
10,730
2,123
5,712
21,189
1,556
34,238
8,378
4,133
67,552
277
200
28,860
220,236
382
9,988
51,054
7,073
55,143
5,912
34,367
10,933
2,123
5,732
21,382
1,556
34,288
9,302
4,120
68,712
114
1,046
746
Total Asia
4,073,135
3,866,401
2,494,141
985,956
386,304
198,427
194,358
666
3,403
8,307
24,848
41,201
42,846
18,891
110,402
22,826
37,2^4
35,486
18,170
73,212
17,314
36,791
32,986
12,953
49,125
5,000
512
483
2,000
4,770
17,715
500
2,022
2,862
6,677
714
31,944
100
447
6,372
2,022
3,927
6,777
714
34,910
238,188
186,968
149,169
29,485
8,314
48,350
U,219
Austral ia
All other
170,115
14,288
163,357
11,490
71,750
9,783
78,384
13,223
1,707
4,604
2,725
4,505
2,695
93
Total other countries
184,403
174,847
81,533
78,384
14,930
7,329
7,200
93
4,647,262
17,056
133,901
4,646,723
17,056
133,866
U7,U8
4,137,275
62,000
539
439
100,000
35
35
4,798,219
4,797,645
494,959
4,137,275
165,411
574
474
26,153,398
22,959,531
9,640,949
11,537,450
1,781,132
3,068,751
2,435,532
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics.
Bahamas and Bermuda
Netherlands Antilles and
Surinam
Other Latin America
Total Latin America
1,745,686'
13,167
320,021
2,329
22,054
55,701
267,385
92,724
60,979
200
153,800
32,800
1,089
3
2,376
1,735
4,394
2,543
892
1,223
1,650
746
6,034
1,336
1,135
592
123
122
22
169
2,437
12
32,897
32
201
45
73
100
11,332
3,471
35,637
331,911
202
585
33,808
55,243
9
1,255
15
28
410
597
244
3
3,345
733
1
3,170
a, 078
Asia;
Africa ;
Congo (Leopoldviile)
Morocco
South Africa
United Arab Republic (Egypt)
Other /tfrlca
Total Africa
Other. Countries
Total international and regional
1/
2/
192
10
80
.
3
:
287
,094
20
21
924
1,065
2,034
932
583
7
2,280
2,134
1,997
2,870
;
International and regional :
International
European regional
Latin American regional
Grand total
6,000
29,200
18,500
677,367
4,477
9,010
36
2,227
100
3,ai
13,645
33,866
For exclusions see headnote on page 81.
Grand total includes $5,800,051 thousand of demand deposits and
3,840,898 thousand of time deposits but excludes negotiable time
certificates of deposit, which are included in "Other."
2,154
73
2/
100
127,396
505,823
125,116
Grand total includes $1,442,769 thousand of demand deposits and
$992,763 thousand of time deposits, but excludes negotiable time
certificates of deposit, which are included in "Other."
\
April
1964
95
.CAPITAL MOVEMENTS.
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of February 29, 1964^
(Position in thousands of dollars)
Short-term claims payable in dollars
Loans to:
Total
shortterm
claims
Country
Collections
outstanding
for own
account and
domestic
customers
Foreign
banks and
official
institutions
Total
Short-term claims payable in foreign currencies
Acceptances
made for
account
Deposits of
reporting
banks and
domestic
customers
with
foreigners
Total
of
foreigners
Foreign
government
obligations
and commercial and
finance
paper
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
7 917
29 ,745
,707
68 ,683
80 ,315
164. ,821
8 ,523
105 ,071
42 ,458
34 ,072
11 ,688
28 ,620
25 ,039
73 ,877
50 ,461
208 ,395
10 ,913
22 ,524
U
Total Europe.
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics
Bahamas and Bermuda
Netherlands Antilles and
Surinam
Other Latin America
,
,
,
,
Total Latin America
6,892
26,286
13,392
68,005
71,061
129,052
8,U1
2,053
6,862
1,519
1,172
11,034
48,139
344
49,017
5,743
7,489
4,440
5,292
1,546
16,383
47,255
30,198
5,530
720
6,230
1,U5
13,337
24,164
28,475
3,733
11,495
4,264
2,138
20,669
33,
U3
386
171
5,464
50,845
12,155
18,813
1,528
1,000
513
3,039
482
1,025
3,459
1,315
678
9,254
35,769
1,025
3,423
1,002
677
8,512
31,767
76
4,306
11,677
819
160
676
2,221
11,178
6
119,622
10
293
10
82
6,071
2,931
16,524
3,746
5,543
9,678
6,213
10,406
72
2,417
4,467
12,245
4,126
4,682
4,647
15,932
218
10
10
13,610
1,263
123
123
612
34
24
18 ,079
17,956
2,774
115
7,518
23,511
19,740
2,070
2,330
7,223
4,665
11,277
2,426
21,788
305
2,967
24
194
1,005,942
791,486
247,312
156,181
181,485
165,605
40,903
214,456
197,583
612
600,986
340,725
16,334
121,421
9,519
26,470
164,981
260,261
61,825
193,169
175,064
166,269
184,011
219,241
16,673
474,94A
45,411
106,538
50,376
111,903
145,255
33,355
136,895
133,731
173,666
218,842
16,646
463,602
45,411
106,503
50,374
110,143
145,151
33,277
15,169
37,539
28,112
20,532
47,895
35,171
31,315
25,179
16,546
33,922
7,922
36,255
5,335
50,134
55,799
894
47,111
1,927
88,728
116,550
793
1,249
3,475
1,539
38,169
32,538
10,345
175,359
14,676
8,587
10,122
19,681
13,749
5,297
25,927
57,845
22,036
55,042
100
133,926
14,112
18,823
3,992
17,213
26,258
20,433
99,490
8,427
40,550
29,748
23,112
49,229
3,799
20,905
274
2,288
1,177
11,342
38,129
32,460
10,022
315
19
2,107
35
2
25
2
3
1,760
104
78
1,U9
9,949
12,492
9,949
11,746
793
6,293
38
15
2,794
9,247
31
559
38
1,887
746
36
1,751,481
1,655,936
349,654
402,015
358,408
509,261
36, 598
95,545
84,690
1,676
1,668
3,077
4,151
130
8,807
471,191
10,138
71,583
3,144
12,638
26,868
5
5
4,655
7,663
112
5,604
215,056
9,517
11,959
657
2,158
3,741
703
74
57
279
37
279
432
238
57,071
56,626
10,381
57,973
75,745
1,671
11,270
16,867
242
29,106
2,260,097
30,497
142,037
10,338
57,910
75,010
2,693,935
2,635,045
584
1,350
15,338
28,191
54,621
584
1,350
15,016
28,183
54,391
100,084
100,604
30,213
33,252
11,485
27,874
22,816
57,033
50,455
83,562
10,903
22,180
569
11,599
1,727
4,752
694
8,817
6,U5
522
21,190
772
11,518
168
14,044
820
203
275
994
782
1,970
2
746
2,223
16,844
6
124,833
10
344
116
2,854
399
27
9
615
61
65
624
Asia;
China Mainland
Hong Kong
11,
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
17,146
,
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa.
Other Countries;
Australia
All other
Total oth^r countries.
International and regional:
International
European regional
Latin American regional
.
1/
3
677
1,255
2,073
5,622
33,292
6,820
1,466,779
10,842
37,134
6,176
36,921
7.296
613,395
94, 539
294,256
1,577,867
54,988
73
66
7
52
1,427
9,321
24,811
13,961
1,276
12,781
620
12,543
603
16, 562
2,946
153
1,680
130
230
55
99,524
34,323
15,395
27,731
20,111
1,964
560
306
48,674
7,667
42,631
7,320
1,444
169
15,227
1,047
14,723
5,299
10,996
372
6,043
347
2,745
433
56,341
49,951
1,613
16,274
20,022
11,368
674
6,390
3,078
821
821
821
805,825
891,421
2,312,682
300,108
636,102
405,379
U2,419
Africa:
Congo (Leopoldville)
Grand total
242
29,344
2,317,168
30,497
Total Asia
Total international and
regional
3U
821
821
821
6,209,590
5,573,488
1,263,452
7,443
59,257
17,865
3U
5,7U
47,
8U
1
382
43
382
63
735
63
504
58,890
57,897
3,496
17
537
1.932
322
243
8
43
43
511
Excludes convertible foreign currencies held by U. S. monetary authorities.
1
241
8
-.
222-
194,448
Treasury Bulletin
96
.CAPITAL MOVHyQUTS,
Section III - Preliminary Details by Countries
Table 3.- Long-Term Banking Liabilities to and Claims on Foreigners as of February 29, 1964
(Position in thousands of dollars)
I
April
1964
97
CAPITAL MOVEMENTS
,
Section III - Preliminary Details by Countries
Table 4.- Purchases and Sales of Long-Term Securities by Foreigners During February 1964
i/
(In thousands of dollars)
Sales by foreigners
Purchases by foreigners
Total
U. S.
purchases Government
bonds and
notes
Corporate and
other
Total
sales
Bonds
U. S.
Government
bonds and
notes
Stocks
Bonds
Foreign securities
Domestic securities
Foreign securities
Domestic securities
Country
Corporate and
other
Stocks
Bonds
Stocks
Europe;
Estrla
530
Belgium
Denmark
Finland
France
Germany
Greece
7,120
1,930
114
U,465
438
12,231
28
165
417
55
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
n. S. S. R
Other Eastern Europe.
4,i75
20,017
767
3,405
2,031
4,541
83,533
135
135,026
Total Europe
33
61
355
174
915
57
1
10
27
250
632
1,281
3,081
5
454
3,399
45
76
761
1,767
11,639
434
8,U0
737
45
3,436
8,721
294
3,307
1,819
277
70,992
10
2,941
4
1,279
9,761
189
76
37
7
46
79
312
84
58,890
788
330
11,933
5,356
104
2,481
6,339
758
771
1,997
124
77,850
4,195
63,036
12
1,798
104
2,507
10,430
123
4,624
6,470
317
257
330
5,049
2,878
10
473
364
63
9,956
5
26
359
50
80
226
3,398
2
1,213
3,353
504
7
13,674
6,898
123
3,693
8,281
2,016
949
2,352
3,851
87,973
5,818
128,045
1,789
2,609
26
56
2
11
51
351
57
-1,257
204
136
270
114
10
90
1,779
2,251
32
5,973
200
230
715
17
874
1,226
786
67
110
687
4,760
3
379
2
1,153
664
191
395
7
.
4
3,321
44
155
4
2,908
1,619
2,010
342
19
82,347
893
8,709
5,874
128
40,692
4
2,133
303,974
90,192
7,113
155,707
22,795
28,167
280,605
64,015
6,334
131,358
19,345
9,553
87,790
13,772
3,955
33,321
6,816
29,926
162,895
2,726
14,397
32,585
90,200
22,987
50
1,063
916
455
514
176
242
4
194
126
1,252
747
295
1,125
704
285
233
67
43
4
31
i.
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
2
;
1,293
1,414
611
62
827
34
American Republics,
Bermuda
Antilles and Surinam.
America
.
Total Latin America
49
17
40
78
48
387
29
52
20
1,299
3,362
2,372
252
260
12
4
942
2,971
22
342
1,879
180
427
315
299
457
65
29,264
274
1
9
4,633
3,787
394
1,366
5,014
723
2,844
6,284
30
619
503
1,563
4,702
64
1,019
18,615
15
5,072
17
5
1
21
291
2
8
2
933
72
75
12,105
14,241
1
50
9,600
166
217
39
20
30
82
40
507
1,139
3,539
2
1,585
4,036
115
945
2,321
299
1,517
4,702
177
8,281
395
2,188
44
8
205
131
35
73
88
150
33
164
18,046
10,328
2,849
95
115
5,745
15
16
100
1
1,817
5,504
177
19
40
60
407
6,511
2,500
41,826
9,792
811
5
5
513
325
6,887
6,658
1
1
423
9
37
50
500
2
119
1,061
11
Asia;
2
2
China Mainland
Hong Kong
India
Indonesia
Israel
Je^an
Korea
Philippines
Taiwan
Thailand
Other Asia
13,512
2,077
15
Total Asia
22,438
49
5,925
17
2
32
10
100
389
34
Africa;
Congo (Leopoldville)
50
Total Africa.
784
60
Total other countries.
Total international and regional..
Grand total.
5
5
159
12,
6U
124
650
100
437
7,455
13,367
5,342
343
3
38
33
8
63
171
69
69
74
78
249
92
164
171
1
50
14
2,281
14
6
2,164
1,130
15,763
62
51
9,492
13
7
32
25
10
International and regional ;
International
European regional
Latin American regional...
86
161
10
82
42
34
1,948
25
97
296
9
357
Other countries;
Australia
All other
25
297
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
'
1/
1
1
371
93
5,863
295
7
32
274
51
91
9
187
21
132
386
50
83
42
132
148
105
91
317
295
21
608
50
83
361
114
566
32
346
185
386
46
82
383
82
3
50
616
78
350
185
468
465
3
1,338
632
76
1,010
650
500
500
4,493
22
1,674
773
449,368
For exclusions see headnote on page 81,
250
96
9
9
4,502
4_
9
1,674
106,366
773
13,391
1,338
216,831
641
50,775
76
62,005
1,510
1,150
250
96
14
503,680
77,795
21,926
242,403
125,755
35,801
.
,
Treasury Bulletin
98
CAPITAL MOVEMENTS
Section
Supplementary Data by Countries
Table 5.- Purchases and Sales of Long-Term Securities by Foreigners During Calendar Year 1963
IV -
(In thousands of dollars)
Purchases by foreigners
Country
Total
U. S.
purchases Government
bonds and
notes
Sales by foreigners
Foreign securities
Domestic securities
Corporate and
other
Total
sales
Stocks
Bonds
Domestic securities
U.
Government
bonds and
notes
Stocks
Bonds
S.
Foreign securities
Corporate and
other
Stocks
Bonds
Stocks
Europe;
Austria
Belgium
Denmark
Finland
France
Geraany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
,
Turkey
,
United Kingdom
..,,.,.
Yugoslavia
Other Western Europe l/....
n. S. S.
9,002
79,i39
U,46l
3,934
203,751
131,007
2,159
70,705
171,910
134,557
29,121
28,672
98,920
1,016,921
1,566
1,161,215
1,054
85,660
1,168
796
3,512
4,078
15
7
1,306
2,529
97,681
442
124
68,034
6,228
1,325
5,794
16,058
254
349
11,791
40,409
245,984
29,772
41,122
1,867
4,406
38,343
720
338
108,984
55,140
2,093
38,789
91,055
7,388
27,563
18,288
3,442
794,904
1,546
7a, 459
554
30,217
87
1,779
118
11
•
2,184
27,163
12,427
3,596
72,547
47,931
13
168
11,551
130
172
15
3,747
2,050
993
717
11,323
1,131
9,932
85,263
75,070
17,777
183,524
118,815
3,729
89,870
172,091
128,336
13,672
26,936
63,542
984,611
1,221
962,209
209
86,655
282
120
5U
245,824
3,023,744
398,451
83,872
1,799,997
366,322
21,
UO
18,076
11,386
649
9,136
14,669
130,071
17,540
23,062
26
7,845
54,456
2,044
213
775
984
45,309
3
6
63,425
80,575
500
254,746
2,927
1,424
26
2,252
7,339
1,254
364
683
12,919
29,151
17
20,265
39,014
1,085
2,438
49,303
1,361
1,229
117,990
63,510
2,420
33,785
87,980
8,800
11,968
17,699
3,709
820,297
1,087
544,563
192
31,521
31
753
2,025
58,716
455
268
28,629
5,981
19
64
3,572
527
3
7,198
23,296
69,054
14,495
15,670
36,983
1,024
49,839
15,951
58,009
712
5,593
17,706
73,557
6
87,072
16
14,027
60
9,077
381
45,
9U
16,181
228
3,241
58,79r.
1,55173
2,69.1
579
55,625
92
55,563
1
1,008
R
Other Eastern Europe 1/ 2/,
Total Europe.
Canada.
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 2/'
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America
Total Latin America 2/
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
U
910
90
3,244,964
469,345
117,217
1,966,034
1,634,168
541,590
93,911
371,454
223,345
403,868
1,998,257
244,689
145,756
30,264
19,040
10,968
10,189
44
563
747
97
127
97
1,105
2,379
128
173
417
740
17,969
14,297
9,134
6,308
279
16,934
38,428
7,073
17,329
21,813
6,831
10,604
3,478
742
1,084
439
18,604
11,936
7,723
6,459
185
346
79
156
525
45,639
49,903
8,428
22,
196
33
5,U3
41,340
3,574
2,581
5,090
48,725
21,943
347,128
9,328
17,106
227,063
15
714
132,503
17
99,111
748
Total Asia.
362,124
Africa;
Congo
( Leopoldville)
Morocco
.......,•
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa...
Other coilntries:
Australia
All other
y
Total other countries bf
International and regional!
International
European regional
Latin American regional.
Total international and regional.
54
US
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
,
31
149
2,040
391
805
32,372
9,217
260
104,441
134,279
194
9,900
33,920
325
1,358
2,858
5,294
69,295
Grand total
2,157
603
1,066
V
U
3,259
839
464
11,748
5,039
1U,4U
6,818
140,862
y
10
y
y
2
y
_y
hi
y
y
y
596
2,947
13,428
16,325
4
2,054
47,907
11
U
157
124
10
6
904
118
99
145
15
123
72
503
10
2,949
2,547
1,009
1,048
1,271
245
1,774
456
y
V
76,419
58,371
7,682
20,637
31,566
7,631
y
y
5,707
9,341
3,646
2,385
59,852
51,521
2,839
2,816
75,705
17,926
358,904
9,514
11,804
2,682
1,007
1,919
4
430
101,536
135,716
6
481
22,611
6,158
164
3,598
8,675
1,368
260
179
1,540
2,287
71
1,193
897
284
34,292
14,962
3,074
446,
8,224
12,429
15
111
389
41
525
269
2
133,491
320
376
74,927
232,496
168
3,160
1,196
2,743
43,866
10,054
134
48,303
21,697
596,558
143,792
675
y
11,604
y
y
2,750
127
4,353
2,184
18,923
254
60
89
1,052
5,009
17,840
5
y
y
y
y
62
316
1,483
6,412
10,000
7,134
2,068
380
11,537
865,529
8,597
22,510
677,808
20,271
7,099
896,636
700,318
20,271
6,532,927
1,867,093
255,703
1
19
y
y
3
131
31
24
76
67
y
21
2
y
y
y
1,879
409
35,919
10,933
1,084
13
150
28,738
•5,184
53,456
1,205
186
159,278
8,597
1,073
617,003
347,234
4,081
7,099
167,875
2,724,049
990,510
23
J/
y
115
51,293
51,293
1,073
668,411
398,527
4,081
695,572
6,699,330
1,196,178
246, 374
22,510
11
490,219 251,205
967,663
April
1964
99
.COKPORATIQNS AHD CEETAIH OTHKR BOSIKESS-TIPE ACTIVITIES.
The current flnanclEj. statements of corporations and
and appear as Section
Qovernment lAlch t^ipear In the "Treasury Bulletin' beginning
data under the new regulations are for March 3I1 1956, and
were presented In the August 1956 Biilletln.
Statements of
with the August 13^6 Issue are compiled from reports submitted to the Treasury under Department Circular No. 966,
Issued January
!<
"^O,
193^> bhA Supplement No. 1,
Issued June
I
The first
Income and expense and source amd application of funds are
7^6 regulations so Issued are pursuant to Section
these statements under the new regulations cover the fiscal
and represent another step In the program
year 1956, and were published In the January 1957 Bulletin.
Within the sections, the agencies are grouped In separate
tables by type, as follows: public enterprise revolving
(31 U.3.C. 66b),
•
In the series of tables.
of the Budget and Accounting Procedures Act of 1950
j
j'of
I
published semiannually, for June 30 arid December 31 reporting dates, and appear as Sections II and III. The first of
19^*
lll^
;
statements of financial condition are published quarterly
certain other buslnees-type activities of the United States
comprehensive and Integrated Government accounting and
financial reporting for which authority was provided In
that' act.
They supersede Budget-Treasury Regulation No.
Issued under Executive Order No. S^12 of August I3,
as amended by Executive
Order No. 30&^ of March
3,
3>
19'<-0,
19^2,
under which financial statements previously published In
the Bulletin were submitted.
In coverage, Department Circular No. 966 requires
sulmlsslon of financial statements by all wholly owned and
mixed-ownership aovernment corporations specifically Included In the Government Corporation Control Act, as amended
{31 U.3.C. gl^6, S56); and all other activities of the Government operating as revolving funds for which businesstype public enterprise or Intragovemmental fund budgets
are required by the Bureau of the Budget.
Other activities
and agencies whose operations, services, or functions are
funds,
Intragovemmental revolving funds, certain other
deposit funds, and trust revolving funds.
activities,
Supplement No.
1
added to the coverage by Including
all executive agencies and activities not reporting under
Department Circular No. 966, but required only a statement
These are
of financial condition annually as of June 30.
mainly not business-type activities, and those which had
not yet developed formal accounting procedures to provide
complete balance sheet types of statements were authorized
temporarily to report only the asset side. Thus the supplement rounds out provision for the Information on properties and assets of the United States Government \rtilch the
Treasury has been asked to furnish to the Committee on
Government Operations, House of Representatives, for a
The first
largely self-llquldatlng or primarily of a revenue-producing nature, and activities and agencies whose operations
result In the accumulation of substantial Inventories, In-
continuing study of the assets of the Government.
vestments and other recoverable assets, may be brought
under the regulations as agency accounting systems are
developed to the point where they are capable of furnish-
Issue of the Bulletin as Part B of Table
ing the financial reports required.
ginning with the June I95S Issue. Two classifications of
Data
the loans are shown, one by type and one by agency.
prior to 1956 are based on the earlier reporting requirements, which provided for complete coverage of Government
Four kinds of financial statements are called for by
Department Circular No. 966. They are statements of financial condition.
of funds,
Income and expense, source and application
and certain commitments and contingencies.
The
comprehensive reporting under Supplement No. 1 Is for June
30. 1957. and the data were published In the December I957
U-
In Section I.
A summary of loans outstanding for a series of dates
Is Included In Section I of the Bulletin presentation be-
lending agencies.
100
re
April
1964
101
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1963
(In thoxisanda of dollars)
Agriculture Department
Agency for International Development
Account
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securlt les
Advances to contractors and agents:
Government agencies.. ..................
Other
Accounts and notes receivable:
Government agencies. .........•..•••...*
Other (net)
Inventories • ...........•..•••••.*••.•••••
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies. ...................
Other: U. S. dollar loans
Foreign currency loans.... ......
Allowance for losses (-)
Acqxiired security or collateral (net)..,.
Land, structures, and eqxiipment...
Accumulated depreciation (-).••........
Foreign currenc ies. ......................
Other assets (net ).......................
Total assets...... ........... ............
Alliance for
Progress,
development
loans
Total
172,893
6,35S,375
565,560
Development
loans
Development
loan fund
liquidation
account
Foreign
investment
guaranty-
fund
72,228
Commodity
Credit
Corporation
Federal
Crop
Insurance
Corporation
1/
4,427
179
7,6U
48,887
1,685,516
648,186
516
179
1,960
581,758
322,359
5,023,120
-1,040,122
2,187
1,70/»,11^
159,731
-11,509
257,811
818
12,9i8
721,137
442,879
6,577,262
-1,041,302
3,551
12,119
2,868
150,117
217,705
16,600,338
1,008,186
-374,189
988,419
5,386,980
-1,626,283
1,350
1,832,649
39,555,416
LIABILITIES
Accounts payable:
Government agencies. ...................
Other
Accrued liabilities:
Government agencies. ...................
Other
Advances from:
Government agencies.. ....... ...........
Other
Trust and deposit liabilities:
Government agencies.
Other
Bonds, debentures, and notes payable:
Government agencies. ...................
Other: Guaranteed by the U. S
Not gxiaranteed by the U. S. .....
Other liabilities (including reserves)...
184,319
537,678
180,015
3.001.212
Total liabilities
5,521,711
113,251
458,751
584
1,089
20,154
233,034
688,286
242,061
1,008,186
8,813
2,987,554 2/
-145,452
244,104
-151,666
512
-259
981.530
V
802,729
2,375,406
1,920,727
72,228
735
637,510
159,976
8,817,443
58,132
4,479
55,241
1,088
201,206
128,463
8,874
567
960
118,286
45,427
126,198
121,274
735
107
1.843.796
627
2,396,898
10,696
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock...
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock. .......................
Appropriat ions .......................
Capitalization of assets (net).......
Other..............
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)..............,..........
100,000
13,048,000
100,000
23,615,399
1,222,244
1,041,000
13,525,089
1,863,312
632,215
-7,845,605
799,600
2,562,500
2,000,000
30,000
40,000
96,995
-300
2,695
-190,200
3,106
-27,962
118,561
27,861
14,356
-6,727,456
253
-434
-89,378
-169,872 i/
-169,948
34,033,705
801,995
2,375,406
1,920,727
72,218
6,420,544
47,436
Total liabilities and investment........
39,555,416
802,729
2.375,406
1,920,727
72,228
8,817,443
58.132
ANALYSIS OF UNITED STATES INVESTMENT
United States investment................
Accumulated net income, or deficit (-)..
41,879,310
-7,845,605
799,300
2,695
2,372,300
3,106
1,802,166
118,561
57,861
14,356
13,148,000
-6.727.456
136,814
-89.378
34,033,705
801,995
2,375,406
1,920,727
72,218
6,420,544
47,436
-516
-179
Total United States interest.
interagency items
Interagency items:
Due from Government agencies (-)
Due to Government agencies....... .....
U. S. investment incl.
U. S,
investment excl, interagency items
Footnotes at end of Table 8.
-1,102,259
1,061,844
33,993,290
801,995
2,374,891
1,920,548
(Continued on following page)
72,218
-581,758
323,971
107
6,162,757
47,543
Treasury Bulletin
102
rn
April
1964
.
Treasury Bulletin
ICX
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1963
-
(Continued)
(In thousands of dollars)
Defense Dept.
(Continued)
Public Health
Service
Revolving fund
for certification and other
services
Operation of
Civil defense
procurement
fund
1,i7i
1,^97
Office of
Civil Defense
Account
Health, Education, and Welfare Department
Food and Drug
Administration
conrailssaries,
narcotic
hospitals
Social Security
Administration
Bureau of
Federal Credit
Unions
Interior Department
B\ireau of Indian Affairs
Revolving
fund for
loans
Liquidation
of Hoonah
housing
project
Office of
Territories
Loans to
private
trading
enterprises
AfiSETS
Cash in banlcs, on hand, and in transit...
Fund balances with the U. S. Treasury 2/.
19
43
984
5,674
108
223
Invefftments:
Public debt securities (par value),,...
Securities of Government enterprises,,.
Unamortized premium, or discount (-),..
Other securities. . ....,,,,,.
Advances to contractors and agents:
Government agencies... •«•**•••., .......
Other
Accounts and notes receivable:
Government agencies............. .......
Other (net)
Inventories
,..,,,..................•
Allowance for losses (-)..............,
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies, .,.,.......,.,,.,,,
Other: U, S, dollar loans,,,,,,,,,
Foreign currency loans.,,,,,,,,.
Allowance for losses (-),............
Acquired security or collateral (net)....
Land , structxjrea , and equipment
Accumulated depreciation (-)...........
Foreign currencies, .•..••••...•..•...,,,,
Other assets (net)..,. ........ ...........
Tota 1 assets. ..•..,......•••..••,,,
,
LIABILITIES
Accounts payable:
Government agencies, ,,,,,,,,,
Other
Accrued liabilities:
Government agencies.,,,,,,,,
,,,,,,
Other
Advances from:
Government agencies, ..,,,,,,,,,,,,,,,•,
Other
Trust and deposit liabilities:
Government agencies
,
Other
,
Bonds, debentures, and notes payable:
Government agencies, .,,,,,,,,,,,
,,
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves),,,
Tota 1 liabilities
14
7
52
975
-292
26
-21
250
-129
1,634
83
2,111
64
16
65
4.70
1,537
47
36
13
19,696
162
-3,256
-148
22,114
135
143
366
131
251
185
143
37
NBT INVESTMEW
United States interest:
Interest-bearing investment:
Capita 1 stock, ,,,,,,,.,..... .........
Borrowings from the U. 3. Treasury.,,
Other
Noninterest-bearing investment:
Capita 1 stock. .......•••.,,,,,,,,,,,,
Appropriations ,,,,.,,................
Capitalization of assets (net),...,,.
Other
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-).......,,..,,,,,,,,,....,,
14
21
505
1,500
395
25
775
10
444
2
735
47
23,799
1,336
2,792
-4,478
333
240
-105
33
Total United States Interest
1,500
1,180
58
1,336
22,114
135
366
Total liabilities and investmen t
1,537
1,684
83
2,111
22,114
135
3C6
ANALYSIS OF UNITED STATES INVESTMENT
United States investment.................
Accumulated net income, or deficit (-),..
1,500
444
735
47
1,336
26,592
-4,478
240
-105
333
33
U, S, investment incl.
interagency items.
Interagency items:
Due from Government agencies (-),,,....
Due to Government agencies.,,,,
,,,
1,500
1,180
58
1,336
22,114
135
366
-11
-1
U. S. investment excl.
1,489
1,179
58
1,336
22,114
135
366
Interagency items.
Footnotes at end of Table
8.
12
(Continued on following page)
April
105
1964
CORPORATIONS AND CERTAIN OTHER BUSINESS-TEPE ACTIVITIES
Section J - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1963
(Continued)
(In thousands of dollars)
Interior Department - (Continued)
Alaska
Railroad
Account
Alaska
Railroad
revolving
fund
ASSETS
Bureau of
Mines
Development
and operation
of helium
properties
Bureau of Commercial Fisheries
Federal ship
mortgage
insurance fund,
fishing vessels
Fisheries
loan fund
Bxireau of Reclamation
Fund for emergency expenses.
Fort Peck
project, Mont.
Upper
Colorado
River Basin
fund
.
Cash In banks, on hand, and in transit.
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value)...,..
Securities of Government enterpriset., ,.
Unamortized premium, or discount (-)...
Other securities. ......................
Advances to contractors and agents:
Government agencies.
Other
Accounts and notes receivable:
Government agencies. ..••.•.••••.••...•.
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies.
Other: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-)
Acquired security or collateral (net)....
Land , structures , and equipment ..........
Accumulated depreciation (-)
Foreign currencies. ....••••.•••..........
Other assets (net ).......
Total assets
LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies.--.. ...............
Other
Bonds, debentures, and notes payable;
Government agencies. ...................
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
1
10,301
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock. ................ .....*•
Appropriations... ....................
Capitalization of assets (net).......
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)... ....••...•••. .•.•••••.•
,171
45
7,483
1,027
70,129
464
66
19
1,04A
925
2,862
2,246
185
859
28
16
76
4
165
273
18
710
1,383
17,502
-1,131
85,441
-5,658
14,119
-3,947
62
5,423
-89
135,569
-26,131
51,797
-17,952
1,434
29,402
126,005
74,709
81
4
US
3,528
8
143
45
13,041.
3
553
393,492
496
18,075
543,923
13,247
65
40
298
7,611
139
3
237
113
22
572
566
189
336
133
24
54
605
2,097
Total liabilities
Virgin
Islands
Corporation
394
4,903
Ji.
118
15
166
6,738
161
292
131
14.808
964
1,225
10,222
39,580
167,285
18,828
-63,764
1,560
13,000
112
30,114
46
135
26
30
-125
-1,273
1,615
3,166
14,437
505,082
24,069
-85
125
731
53
-76
123,909
69,806
30
12.875
17.945
529.115
12.282
126,005
74,709
45
13,041
18,075
543,923
13,247
122,349
1,560
39,692
30,114
13,000
-125
3,508
14,437
528,991
125
12,229
30
S. investment inol. interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies
123,909
69,806
30
12,875
17,945
529,115
12,282
-1,044
417
-2,246
703
-70
298
-18
286
investment exol. interagency items.
123,231
68,262
529,343
12,550
Total United States interest.
Total liabilities and investment ........
ANALYSIS OF UNITED STATES INVESIMENT
United States investment.................
Accumulated net income, or deficit (-)...
U.
U. S.
Footnotes at end of Table
8.
22
30
(Continued on following page)
12,897
-33
65_
17,976
106
April
1964
107
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section 1 - Statements of Financial Condition
Table 2.- Publ Ic Enterprise Revolving Funds, December 31, 1963
(in thousands of dollars)
Account
(Continued)
,
Treasury Bulletin
108
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
2.-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, December 31, 1963
(In thousands of dollars)
(Continued)
April
1964
109
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTCPE ACTIVITIES
Section I - Statements of Financial Condition
2.Public Enterprise Revolving Funds, December 31, 1963
Table
(Continued)
(in thousanda of dollars)
Veterans' Administration
Housing and Home Finance Agency - (Continued)
FNMA (Continued)
Account
Management
and
liquidating
functions
Federal
Housing
Administration
Public
Housing
Administration
1,595
117,^75
30
173,370
Canteen
service
revolving
fund
Direct
loans to
veterans
and
reserves
Rental,
maintenance,
and repair
of quarters
Loan
guaranty
revolving
fund
ASSETS
Cash in banks, on hand, and In transit...
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other secur it les. .••..•...••... .....-•.
Advances to contractors and agents:
Government agencies, ,
Other
Accounts and notes receivable:
Government agenc ies ..•••..•....••...•..
Other (net)
Inventories.
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structxires, and equipment.,..,,....
Acc\imulated depreciation (-).,.........
Foreign currencies. ...............,,,,,,,
,
Other assets (net)
Total assets,,.,,, ,,,,,•,,,,,,,... .,,....
1,130
3,889
62,967
3,427
2,487
484
421,133
732,903
88,360
-6,973
39i
23
54
1,823
1,306
870
i,032
1,17A,291
9,087
U,68i
20
50
120
673
1,292
1,802
1,334
134,609
1,265,129
411,746
5,761
244,786
2,i75
1,50i
353,211 117
-2,299
-U1
63,686
66
1,231,693
2,097,673
316,586
1,784
12,566
19,560
636
15,iOi
3,i65
767
123
390
5,305
755
-8,327
72i,8O0
5,285
-2,487
-22,^1011/
134
19,854
8,258
-3,985
7,147
-3,627
28
3_
31,682
280
1,695,066
710,282
62,947
106
1,182
22,737
8,008
3,481
11,227
352
930
410
2,930
20,743
448
1,212
231
491
1
5
,
LIABILITIES
Accounts payable:
Government agencies, ,....,, •,,,,,,.,,•.
Other
Accrued liabilities:
Government agencies.......
Other
Advances from:
Government agencies, ..,,,,,,.,,,,,,,,..
Other
Trust and deposit liabilities;
Government agencies. ......•....,..•.•<.
Other
Bonds, debentures, and notes payable:
.,
Government agencies.
Other: Guaranteed by the U. S,,.,,,,,,,
Not guaranteed by the U, S, .,,,,
Other liabilities (including reserves),.,
Tota 1 liabilities.
.a.,,,,...,,,,,
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U, S, Treasury,.,
Other
Noninterest-bearing investment:
Capital stock, ..•••,•.••,••••,.......
Appropriations ..•....•.....•.
Capitalization of assets (net).,,,,,.
Other
Accumulated net Income, or deficit (-),
Deposits of general and special fund
revenues (-),,,,,,,,,,,........,.....,
157
23,558
184,319
537,240
776
36,391
159,866
934,156 6/
937
1,181
3,408
47,475
1,624,360
65,000
1,089,^10
105,893
1,936
67,981 6/
1,163,516
1,000
1,577,563
246,552
366
-1,641,510
11,506
1,050
9,058 6/
105,718
23,230
-6
-6
1,163,516
248,604
11,872
Total liabilities and investment...
316,586
15,280
1,647,590
1,695,066"
701,224
2,097,673
ANALYSIS OF UNITED STAIilS INVESTMENT
United States investment.................
Accumulated net income, or deficit (-),,.
1,089,410
105,893
1,163,516
1,890,114
-1,641,510
366
11,506
1,624,360
23,230
728,206
-26,982
1,195,303
1,163,516
248,604
11,872
1,647,590
701,224
-65,660
19,568
-98,951
192,514
-20
957
-123
387
23,558
1,257,080
249,541
12,136
1,671,148
investment incl. Interagency items.
Interagency items:
Due from Government agencies (-),,,,.,,
Due to Government agencies,,,,,,,,,,,,.
U.
S.
investment excl, interagency items.
Footnotes at end of Table 8.
1,1A9,211
(Continued on following page)
yj
-26,982
1,195,303
U, S,
12
622,488
1,231,693
Total United States interest
10
710,282
701,224
.
110
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTCE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Publ Ic Enterprise Revolving Funds, December 31, 1963
(In thousands of dollars)
-
(Continued)
April
1964
111
.
CORPORA.TIONS AND CERTAIN OTHER BUSINESS-T"fl>E ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1963
(in thousands of dollars)
-
(Continued)
.
112
Treasury Bulletin^
CORPORATIONS AND CERTAIN OTHER BUSINESS-TITE ACTIVITIES
Table
3
April
1964
113
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernment al Revolving Funds, December 31. 1963
(Continued)
(In thousands of dollars)
Commerce
Department
(Continued)
Working
capital
fund
Defense Department
Office of the Secretary
Defense
stock
fund
Defense
industrial
fund 2/
Air Force Department
Stock
fund
Industrial
fund 2/
Arny Department
Stock
fund
fund' 2/
221,528
624,492
Industrial
ASSETS
Cash in banks, on hand, and in transit..
Fund balances with the U. S. Treasury 1/
Investments:
Public debt securities (par value)....
Securities of Government enterprises..
Unamortized premium, or discount (-)..
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
Total assets
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable;
Government agencies
423
168,604
8,764
234,197
90,991
11,853
29,204
7,030
322
77
95,359
103
2,370,202
822
79,839
11,571
255,000
63,697
11,795
1,228
153,925
46,808
2,178,417
19,786
3,245
33,805
631
-386
5,661
159
26,028
1,426
1,068
2,651,782
9,655
586,270
167,870
2,655,910
694,607
143
8,451
72,141
21
35,021
86,227
52,451
11,172
85,802
56,011
6,052
14,833
10,485
222
28,852
1,017
431,627 2/
6,121 1/
120
Other:
Guaranteed by the United States
Not guaranteed' by the United States..
Other liabilities (including reserves),..
151
-16,600
220
609
6,213
-4,791
39,355
Total liabilities
294
63,992
6,583
121,857
70,853
137,022
570,838
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S, Treasury.,.
Other.
Noninterest -bearing investment
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (- )
Total United States interest
Total liabilities and investment
OF UNITED STATES INVESTMEHI
United States investment
Accumulated net income, or deficit (-)...
2,587,790
V
464,413
V
2,518,887 4/
3,178
16,844
84
4.23
106,280
14,311
81,000
-827
1,571
1,417
100
252
775
2,587,790
3,072
464,413
97,017
2,518,887
123,769
1,068
2,651,782
9,655
586,270
167,870
2,655,910
694,607
352
423
2,587,790
2,988
84
464,413
80,173
16,844
2,518,887
120,591
3,178
775
2,587,790
3,072
464,413
97,017
2,518,887
123,769
-322
-95,359
8,451
-69
6,121
-79,839
35,021
-63,697
52,451
-153,925
85,802
-31,639
487,678
452
2,500,882
9,124
419,594
85,771
2,450,765
579,808
Al-IALYSIS
Total United States investment including
interagency items
Interagency items:
Due from Government agencies (-)
Due to Government agencies
Total United States Investment after
exclusion of interagency items
Footnotes at end of Table
8.
(Continued on following page)
lU
April
115
1964
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table 3.
Section I - Statements of Financial Condition
Intragovernment al Revolving Funds, December 31, 1963
-
(Continued)
(In thousands of dollars)
Interior
Department
Office of
the Secretary
Working
capital fund
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 1/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net).
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
Total assets
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and dfeposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
51
Justice
Department
Office of
the Secretary
Federal
Prison
Industries,
Inc.
213
9,222
Treasury Department
Labor
Department
Working
capital fund
General
Services
Administration
United States
Coast Guard
Bureau of
Engraving
and
Printing
Supply
fund
7,137
3,796
Buildings
management
fund
Yard
fund
1
344
10,569
21,478
2,000
48
8
463
132
233
-129
3,069
20
10,619
110
2,113
1
1
113
6,637
-16
23,875
-8,003
77
488
-251
35,514
-13,063
396
800
39,092
113
7i
1,514
383
1,123
26
3,984
380
18,495
18
10,120
-106
371
80,737
12,646
-6,585
14,753
-11,165
13
387
38,767
8,932
27,054
127,065
51
1,412
674
113
358
2,721
13,329
64
139
471
59
165
1,105
139
17,359
184
182
12
3
684
47
475
85
1.530
12,759
645
61
Other:
Guaranteed by the United States
Not guaranteed' by the United States.
Other liabilities (including reserves)..
87
4,054
2,567
531
184
6,071
299
a
30,454
-25
3,250
22,001
8,939
523
Total United States interest...
525
36,524
274
34,713
Total liabilities and investment.
800
39,092
805
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)...
48i
6,071
30,454
525
Total liabilities
275
514
95.486
2,085
19,188
124,296
6,829
7,778
18
88
3,500
4,384
-7,931
2,815
NEI INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury.
Other
Noninterest-bearing investment
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (Deposits of general and special fund
revenues (-)
Total United States investment including
interagency items
Interagency items:
Due from Government agencies (-)
Due to Government agencies
Total United States investment after
exclusion of interagency items
Footnotes at end of Table 8.
300
6,847
7,866
2,768
38,767
8,932
27,054
127,065
299
-25
34,190
523
6,829
18
7,778
88
-47
2,815
274
34,713
6,847
7,866
2,768
36,524
-463
113
-3,069
566
-110
246
-2,161
901
-1,123
l,a2
-380
18,116
-20,495
15,481
34,022
410
33,452
7,136
25,603
-2,246
175
(Continued on following page)
)
.
U6
Treasury Balletim
CORPORATIONS AND CERTAIN OTHER BUSINESS-T^E ACTIVITIES
Sectton I - Statements of Financial Condition
Table 3.- Intragovernmental ftevolvlng Funds, December 31, 1963
(Continued)
(In thousands of dollars)
General Services Administration - (Continued)
Construction
services,
public
buildings
Account
General
supply
fund
Federal
telecommuni cat i on s
fund
Working
capital
fund
Veterans'
Civil
Administration
Service
Commission
Supply
fund
Investigations
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 1/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net
]
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
\//_
Allowance for losses (-)
Acquired security or collateral (net)..
Land , structures , and equipment
Accumulated depreciation {-)
Other assets (net)
I,i62
86,271
6,590
361
136
422
631
6
8,479
2,409
106
534
67,699
659
120,985
3,643
7
33
56,926
-20,189
239
78
1,602
109
5,687
148
39,090
3U
289
-15
132
691
-260
843
-243
883
-577
313,225
15,679
1,142
54,645
5,337
84
20
4,870
156
1,625
11,781
1
943
,
Total assets
2,102
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agenc ies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
][]
125
667
3,968
20,731
1
48
775
\\
57,026
79
\
12
351
141
147
445
325
\]
Other:
Guaranteed by the United States
Not guaranteed! by the United States..
Other liabilities (including reserves)...
1,218
17,387
Total liabilities
845
2,335
99,191
5,811
INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
^.
Noninterest-bearing investment:
Capita 1 stock
Appropriations
Capitalization of assets (net)....
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
NEI
-351
118
197,750
15,8i3
9,000
-Ul
-613
1,481
583
150
253
-16
61
739
14,290
1,332
4,000
39,986
369
5
Total United States interest...
-233
2U,035
Total liabilities and investment.
9,868
^V'^
'U).355
2,102
313,225
^005
15,679
1,142
54,645
5,337
533
8,387
1,481
386
88
39,986
4,000
369
5
-233
214,035
9,868
474
40,355
4,005
-631
i50
-67,835
60,994
-8,643
96
-239
371
-5,793
1,674
-1,602
147
--Hi
207,193
1,321
606
36,235
2,550
ANALYSIS OF UNITED STATES INVESTMEOT
United States investment
Accumulated net income, or deficit (-)..,
Total United States investment including
interagency items
Interagency Items:
Due from Government agencies (-)
Due to Government agencies
Total United States investment after
exclusion of Interagency items
Footnotes at end of Table
8.
-351
118
213, i52
.
April
117
1964
,
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1963
(In thousands of dollars)
Agency for International
Development
Total
Account
Foreign
currency loans
Private
enterprises 1/
U.S. dollar
and foreign
currency
loans
Commerce Department
Agriculture Department
Farmers'
Home
Administration 2/
Rural
Electrification Administration
Maritime
Administration
Loans of
Inland
Waterways
Corporation in
liquidation
ASSKTS
Cash in banlES, on hand, and in transit,^*
Fund balances with the 0. S. Treasury 2./ .
Investments:
Public debt securities (par value).....
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities. ......................
Advances to contractors and agents:
Government agencies. • .•....••.•...•••.
•
••
Other
Accounts and notes receivable:
Government agencies. .•••••.«••..•«....•
Other (net)
Inventories, ........•.•.••..........*••••
Allowance for losses (-).
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies........... .......
Other: U. S. dollar loans............
Foreign currency loans. .......
Allowance for losses (-)
Acquired security or collateral (net)..
Land, structxires, and equipment........
Accumulated depreciation (-).........
Foreign c\irrencles.,... ........ ........
Other assets (net )«...•...«•*.*. ••*...•
1,626
7,06i,iU
81,994
5,029
129
674
28,022
282,566
91
104
12
4,405
5,i09,847
16,582
11,153
199,654
2,079,331
7,132,250
17
622,323
390,433
1,440
9,650,662
2,816,696
-12,305
17,643
134,998 ^/
Total assets............... ••.•••••••••••
LIABILITIES
Accounts payable:
Government agencies........ •••*........
Other
Accrued liabilities:
Government agencies. ...•....*.•........
•'••
Other
Advances from:
Government agencies.... ., ..............
Other
Trust and deposit liabilities:
Government agencies ,..., ,..,........,,,
Other
Bonds, debentures, and notes payable:
Government agencies. ..,..,......,..,,,<
Other: Guaranteed by the U. S
Not guaranteed by the U, S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock
Borrowings from the U. S. Treasury,..
Other
Noninterest-bearing investment:
Capita 1 stock, ,..,.,..
Appropriations .......................
Capitalization of assets (net)..,,,..
Other
Accxjmulated net income, or deficit (-).
Deposits of general and special fund
revenues (-).,.,..,..............*•••
41,792,538 7/
8,527
1,946
1,729
40,155
2,710
149,625
879
75
528,640
3,784,272
1,440
105,648
3,750
85,562
1,615,801
2,731,133
-3,215
129
2,106
-1,227
-9,090
628,897
3,953,996
1,188,633
60
55
116
20,664
41
635
135,464
129
7,694,527
-3,847,318
969,994
1,586,679
7
4
6
105
328
262,473
9_
350,101
79,917
378,906
4,482,657 i/
-3,708,237 6/
707 , 521
41,886
5,276,523
12.951
328
9,017
10,421
152,656
737
-338
399
2,359
3,825
24,559
24,599
17
735
8,918
1,029
29,832
114
4
6.357
4.927
1.151
2.972
878,976
15,702
38.553
2,060
193,429
4,930,010
746,434
434,941
3,748,634
702,771
-8,549
-4,926
-281,013
320,589
32,629
60,517
139.313
'
27,397,483
2,689,440
11,623,264
-3,210,866
405,844
5,072,738
-19,519
-99,035
68,218
-2,515,768
-36,225 8/
-527.534 8/
-1,148
-114,578
-252,880
-1,562
590.344
3.951.935
3,299,770
2,559,343
-3,576
-3,804,991
-
3,825
1,055,342
40.913.562
350.101
5.260.821
995.204
3.825
41,792,538
350,101
5.276,523
628,897
3.953.996
1.188.633
3.825
44,124,428
-3.210.866
369,620
-19.519
5,192,603
68.218
871,357
-281.013
4,066,513
-n/.r578
4,800,195
T, 80/,, 991
3,825
investment incl. interagency items.
Interagency items:
Due from Government agencies (-)..
Due to Government agencies. ,.,..,..,.•
40,913,562
350,101
5,260,821
590,344
3,951,935
995,204
3,825
-134,998
9,017
-17,643
1,428
-4
215
-1,552
25,410
investment excl. interagency items,
40,221,129
5,134,840
574,129
3,952,146
1,019,062
Total United States interest
Total liabilities and investment.,..,,..
ANALYSIS OF UNITED giAIES INVEglMENT
United States investment.,.........,..,-.
Accuimilated net income, or deficit (-),..
U. S.
U. S.
Footnotes at end of Table
8.
-840,000
147,567
350,101
(Continued on following page)
3,825
3
118
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE
ACTIVITIES.
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December
31, 1963 -
(Continued)
(In thousands of dollars)
Defense
Department
AcCOUDt
ASSETS
Cash in banks, on band, and In transit...
Fund balances with the 0. S. Treasury
3/,
Inve^Qients:
Public debt securities (par value)...,.
Securities of Government enterprises...
Unamortized prauium, or discoimt (-)...
Other securities.
Advances to contractors and agents:
Government agencies.,,.,,,...
Other
m"I!!!!
Accounts and notes receivable:
Government agencies,..,,....,,...
Other (net)
!..II"I!!!
Inventories --.......,....,,,,....,,
Allowance for losses (-),
,.,...!I
Accrued interest receivable:
On public debt securities,.,,..,,..,...
On securities of Government enterprises
Other
_
Loans receivable:
Government agencies. . .................
Other: tl. S. dollar loans
I!!I!!"!
Foreign currency loans. ....,,,
Allowance for losses (-)...........
Acquired security or collateral (net)!!
land, structures, and equipment
Accumulated depreciation (-)..,...!!.
Foreign currencies.,..,...,.,,,.
Other assets (net).
......,.,..*"
Total assets........
Military
assistance
credit
sales 2/
HEW Department
Office of
Education
Loans to
students
(World War II)
Interior Department
Office of
Territories
Alaska
public
works
Immigrt'.ion
and Nat'jr^lization
Service
26
3i8
2,101
i,271
178,981
13,537
43,313
1,171
558
16,616
522,077
-95,208
98
-45
-8,014
532,915
2,543
39,806
5,59i
61
32,421
30,513
178,931
17
16,616
46
'-,35!
'.7
•71
61
21
38
821
596
178,981
603
16,616
-586
178,981
178,981
178,981
D. S, investment incl. interagency
itans.
Interagency items:
178,981
17
17
.
'"-38
6,846
.850
128
3.894
2.;,3.;o
36
21-
6.?d4
130
7,83 =
17.,?14
11,248
232
-333
165,759
34,40?
1,082
13,313
765,323
19,836
116,219 10/
20,301
1,046 10/
37,074
-174,492
-41 ,637
'0,i?t9
-30,469
-2,526
16,616
501,
56.;
2,413
31,971
51,137
16,616
532,915
2,543
39,806
68,351
603
-586
16,616
i8 1,263
20.301
-163,345
165.759
-5,103
37.074
17
-30.469
16,616
501, 56i
2,413
31,971
51.13-
-85
821
33
6,846
-450
2,345
501,712
2,446
38,732
53,031
Due from Government agencies
(-)..,....
Due to Government agencies.,,,,,,,,,,,,
-673
178,981
;
31,351
-^20,116
ANALISIS OF IMTTKD STATES INVKSTUKNT
United States investment
Accunulated net income, or deficit (-)!!!
Footnotes at end of Tables.
Southwestern
Power
Administration
46
659
8,682
MKT INW.?rug>fr
investment excl, interagency items.
Southeastern
Power
Administration
13
Accounts payable:
Government agencies....... ,
Other
!!!!!!
Accrued liabilities:
Government agencies.,,,,.
Other
!.I!!!!I!!!
Advances from:
Government agencies,, .,,,,,, .
Other
!,!!!!!***
Trust and deposit liabilities:
Government agencies
.,
Other
!!!!!'
Bonds, debentures, and notes payable:
Government agencies,,,,,,.,,,,.
Other: Guaranteed by the U. S,,..,!!!!^
Not guaranteed by the D. S.,!!!i
Other liabilities (including reserves),,,
Total liabilities
U. S,
Departi7i<?:it
Bonneville
Power
Administration
61 ,908
UABILITIES
United States interest:
Interest-bearing investment
Capita 1 stock
,,,...
Borrowings from the U. S. Treasury!!!
Other. ...,..,,.,..,....,
Noninterest-bearing Investment:
Capital stock
Appropriations
!!!*
Capitalization of assets (net)
Other
........!!!!
Accumulated net income, or deficit (-)!
Deposits of general and special fund
revenues (-)...............,,,
Total United States interest,,,,..,,,,.
Total liabilities and investment
Justice
17
16,616
(Continued on following page)
81 ,606
'
April
119
1964
CORPORATIONS AND CERTAIN OTHER BUSI^fESS-TyPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1963 - (Continued)
(In -thousands of dollars)
Justice
Department (Continued)
Account
Legal
activities
and general
adninistration
State
Department
International
Boundary
and Water
Commission
Treasury
Department
Miscellaneous
loans and
certain other
assets 11/
General Services Administretlon
Public works
Administration ( in
liquidation)
Strategic
and critical
materials
National
Aeronautics
and Space
All
other
12/
Adri-nistraticr.
tSSEVS
Cash in banks, on hand, and In transit...
Fund balances vfith the U. S. Treasury 2/
Investments:
Public debt securities (par value)....
Securities of Govemment enterprises..
Unamortized premium, or discount (-)..
Other securities........
.Advances to contractors and agents:
Qovemment agencies. ...... ............
Other
ccounts and notes receivable:
Government agencies
•
Other (net)
Inventories. . •..*..•..••••...-•.••••••••
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
592
42,215
855,826
8,564
9,796
45
5,409,802 li/
97
-
Other
Loans receivable:
•••
Government agencies. Other: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-).............
Acquired security or collateral (net)....
Land, structures, and equipment....... ...
Acoum-ilated depreciation (-)...........
Foreign currencies.
.....i..**.
Other assets (net)
Total assets.......
5
68
231
2,018,172
yj
12,722
7,064.041
622,323
193,869
3,-53,265 1^'
9,383
70,376
189.032
25.292
241,488
•
•
22
155
33
98,808
5,537,524
11,388
137
5,076
10,632
3,527
20,115
1,049
23,331
5,219
39,713
610
776
60,159
88,842
1,480,774
-2,095
998,215
889.457
11,2.97,461
60,776
7,109,418
3,349,890
6,986,125
1,321
982
2,659
22,932
68,856
320,255
598
6,621
11,279
5,434
LIABILITIES
Accounts payable:
Government agencies... ••••••• •.•*•••••*
Other
Accrued liabilities:
Goverr.ment agencies. •«•••••••..*••..•••
Other
Advances from:
Government agencies. . ........••..••...
Other
Trust and deposit liabilities:
Government agencies. •...•.....•••..•*
••
Other
Bonds, debentures, and notes payable:
Government agencies. ..,.............•«<
Other: Guaranteed by the U. S
Not guaranteed by the D, S
Other liabilities (including reserves)..,
Total liabilities
•
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock. .......••••....•..••••
Borrowings from the U. S. Treasury..
Other
Noninterest-bearing investment
••
Capital stock. ...•••••...••..
Appropriations .......•.•.....-*•••••
Capitalization of assets (net)......
•
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)•••••..•••.•••..•*•••••••
Total United States Interest
Total liabilities and investment
94
4,105
145
2.675
?.P50
4,105
2,914
5.353
38,897
141,126
-2,233
10,681,261
-39,630
816,192
72,432
,
.
105.242
405.623
5,531,573
60,776
7,104,065
3,244,649
1,048,729
60,776
7.104.065
3.244.649
6.580.302
3.349.890
6.986.125
198,487
-3,369
237,384
95,895
11,497,453
241,488
98,808
11.497.461
60.776
7.109.418
135,524
-39.630
10,681,261
816.192
60,776
7,104,065
3,244,649
6,580,302
237,384
95.895
11,497,453
60,776
7,104,065
6,580,302
237,384
3,244,649
investment incl. interagency items.
Interagency items:
Due from Government agencies (-)....••«
Dae to Government agencies... .........i
-4,085
1.321
-14,915
3,256
-28,408
80.135
6.632.029
241,333
7,101,300
3.232,990
investment excl. interagency items.
ANALYSIS OF UNITED STATES INVESIMENT
United States investment........ ....•••..
Accumulated net income, or deficit (-)..«
U. S.
U, S.
Footnotes at end of Table
8.
-622,345
-155
4,105
95,895
10,875,108
(Continued on following page)
60,776
120
Treasury Balletin\
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1963 - (Continued)
(In thousands of dollars)
Account
ASSETS
Cash in banks, on hand, and in transit. ,,
Fund balances with the U. S. Treasury 2/Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)..,
Other securities. ......................
Advances to contractors and agents:
Government agencies., ...,.....,,....
Other
Accounts and notes receivable:
Government agencies ....................
Other (net)
Inventories, ..,,.....,,.,,,...,.....,..,.
Allowance for losses (-)
..,...,
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies., .,.......,,,,,,,.
Other: U. S. dollar loans
Foreign currency loans,,.....,.
Allowance for losses (-),,,.....,...
Acquired security or collateral (net)...
Land, structures, and equipment
Accumulated depreciation (-)...,..,...
Foreign currencies.,.........,,.,.,,,.,.
Other assets (net).
Total assets. ..,..,.,,...,,,,,,,.,.,.,
LIABILITIES
AcGoxints payable:
Government agencies......,.,,,, ,,,.,,,
Other
'.,'.,,
Accrued liabilities:
Government agencies..........
Other
[\//^
Advances from:
Government agencies.. ....... .
'.'.'.'.'.'.
Other
Trust and deposit liabilities:
Government agencies., ...... , .
Other
'/]]]
Bonds, debentures, and notes payable:
Government agencies. ..................
Other: Guaranteed by the U, S
Not guaranteed by the 0, S
Other liabilities (including reserves)...
Total liabilities
Civil
Federal
Service
Commission
Coauminica-
13,
tions
Commission
Ul
9,739
ANALYSIS OF ONTTKD STATES INVSgEMENT
United States investment
Accumulated net income, or deficit (-)..!
U. S.
investment incl. interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies.....,..,...,
U. S. investment eicl. interagency
items.
Footnotes at end of Table 8.
Federal
Mediation and
Conciliation
Service
Federal
Power
Commission
3,474
7,317
Interstate
Commerce
Commission
Panama
Canal
Payment
of loan
guaranties
Canal
Zone
Government
198
26,025
4,400
28
39
ID
i.
5
53
7
2,532
1,217
175
691
31
17
14,676
3,U7
5,655
24^
466
1,338
54, 593
-20,876
16,712
15,
11
6
«6
394.
8.133
1,919
157
3,947
9,377
53
125
483
206
14,676
76,421
6,670
U3
667
8,389
736
17
1,301
67
2,A9-?
610
67
81
98
1,523
260
10,982
596
Wgr IHVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock
Borrowings from the U. S. Treasury!!!
Other
]_^^^
Nonlntereat-bearing investment:
Capital stock.
Appropriations
,
Capitalization of assets (net).
Other. .......................
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-).......,...,,,..,,.,,..,,.
Total United States Interest
Total liabilities and investment
Federal
Maritime
Commission
12,U3
1,422
6,092
2,072
3,041
1
180
16
776
11
4,525
.iAL.
1,000
-L.
1,395
3,028
16/
14,676
11,950
22,44.4
42,027
7,982
-4,685
-85
14,215
16,712
U,215
4,463
1,323
U6
2,947
7,982
14,676
1,919
64,471
3,947
9,377
14,676
76,421
6,008
-4.685
2,947
7,982
14,676
64,471
1,323
2,947
7,982
14,676
64,471
15,
4,463
U,215
4,463
-39
1,756
-40
610
81
232
15,932
901
5,033
1,404
3,180
8,883
(Continued on following page)
-2,532
6.670
14,676
68,609
April
121
1964
CORPORATIONS AND CERTAIN OTHER BUSINESS-T^E ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, Decenilwr 31, 1963 - (Continued!
(in thousands of dollars)
Panama Canal (Continued)
Panama Canal
Company
Account
Thatcher
Ferry
Bridge
I
I
I
II
I
i|
,
ij
|1
I
Selective
Service
System
Salaries
and
expenses
Grants for
research and
management
counseling
Consolidated
working
fund
ASSETS
J
'
Small Business Administration
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury J/.
Investments:
Public debt securities (par value)
Securities of Government enterprises..,
Unamortized premium, or discount (-)...
........*......
Other securities
Advances to contractors and agents:
......,••..•..•••
agencies.
.
Government
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allovrance for losses (-).....
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies...
Other: U. S. dollar loans
1,119
23,718
6,845
105
321
i5
12,060
15
Foreign currency loans..........
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment..........
Accumulated depreciation (-)
Foreign currencies........*....---"*-****
Other assets (net )..*--.-----*•***--***•*
18,806
Total assets.,...**** ****** **-••-•••***•
19,9iO
7,901
-4,288
2,174
27,332
21,126
3,879
15
46
321
150
296
62
LIABILITIES
Accounts payable:
Government agencies* ******.•******-•**
Other
Accrued liabilities:
Government agencies .*•*..*.********.**
Other
Advances from:
Government agencies* . .....**..****•--Other
Trust and deposit liabilities:
Government agencies. .........•-..****>
Other
Bonds, debentures, and notes payable:
Government agencies* .•...........-••••
Other: Guaranteed by the U. S
Not guaranteed by the (J. S
Other liabilities (including reserves)..
2
49
1,472
40
1,191
49
1,102
113
12,568
Total liabilities...*. .,*--**--***-----••
NET INVEglMEOT
5,119
15,319
296
41,538
3,612
3,608
25
105
'Juited "Xites interest:
Inte- .-i-tearing Investment:
•
G2,i r .; stock
Boi rowings from the U, S* Treasury*..
l)t':?r
NoTiinlcre-t-bearing investment:
^J:^•ite- stock.....*.****...**- -•--*-Appropriations- . •*...***.**....**•--•
Capitalization of assets (net)
Other
t*
Accumulated net income, or deficit (-)*
Deposits of general and special fund
revenues (-).***--......------------••
19,940
Total United States interest
Total liabilities and investment ..**..**
ANALYSIS OF UNITED STATES INVESIMEOT
United States investment**, ***-***-.--.-Accumulated net income, or deficit (-).,.
investment Inol. interagency items.
Interagency items:
Due from Government agencies (-).*
Due to Government agencies*-*** *****•*•
U. S,
0.
S.
investment exol. interagency items.
Footnotes at end of Table S
.
46
2,199
TV
-22,933
22,212
5,807
25
19,940
21,126
321
19,940
27,332
19,940
45,151
-22,938
5,807
19,940
22,212
5,807
1,191
-12,060
1,152
23,404
-5,102
-15
19,925
150
46
25
46
43
25
)
;
122
Treasury Bulletin
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 5.- Certain Deposit Funds, December 31, 1963
(In thousands of dollars)
Farm Credit Administration
Account
Total
ASSETS
Cash in banks, on hand, and in transit
Fund balances with the U. S. Treasury 1/
Investments:
Public debt securities (par value)
Securities of wholly owned Govt, enterprises.
Unamortized premium, or discount (-)
Other secur it ies...,,,,.,,,,,,,,,,,
,_,
Advances to contractors and agents:
Government agenc ies
Ot her
.'!!.'!!!
Inventories
.....,..,.
Allowance for losses (-)
Accounts and other receivables:
Government agencies
Other (net
.'!!.'!!!
Loans receivable:
Government agencies
Other
!!!!!!
Allowance for losses (-)
Acquired security or collateral (net)
'.'...
Land, structures, and equipment,..,.
Accumulated depreciation (-)
Other assets (net)
["]
]
Total assets.
Banks
for
cooperatives
Federal
intermediate
credit
banks
NEr INVESMENT
Private interest:
Capital stock
Accumulated net income, or defici: (-),
Total private interest
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U, S, Treasury..,,!!
Other
[[
Noninterest-bearing investment:
Capital stock
Appropriations
!]
Capitalization of assets (net)
_
Other
"
Accumulated net income, or deficit (-)
Deposits of general and special fund revenues (-)
Total United States interest
Total liabilities and investment
ANALYSIS OF UNITED STATES IWESMENT
United States investment..,.,,.,,,,,,,,.,,,.
Accumulated net Income, or deficit (-)
!!!!
Total U. 3, investment including Interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
Total U, S, investment excluding interagency items.
1/
2/
2/
Federal Home
Loan Bank
Board
Federal home
loan
banks
131,909
58,739
15,322
47
14,201
186
1,423
101,853
57,084
i, 861,440
43,056
111,409
2,791,325
1,915,650
-27,830
-309
-499
-16,974
-10,049
532
53
53
13
98,698
i
11,827
5,875
7,727,226
-9,957
64
9,791
4,875
841,993
-9,004
64
1,000
2,100,041
-1,438
19,919
584
-526
445
939
-912
1,109
14,644
3,720
12,874,501
908,378
2,268,368
2,823,147
6,874,608
9
40,894
LIABILITIES
Accounts and other payables:
Government agencies
Other
!!!!!!!!!
Advances from:
Government agencies
Other
!!!!.'!!
Trust and deposit liabilities:
Government agencies
Other
[\]\
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the United States
Not guaranteed by the United States.
All other liabilities (including reserves),,.
Total liabilities
Federal
Deposit
Insurance
Corporation
23,864
22,114
955
-953
4,784,236
8,268
370
10
94,152
11
5,638
29,719
349
751
58,045
142
226
1,150,719
169
13
1,152,452
1,140
13
367
2i,775
12,750
12,025
6,940,345
169,283
609,670
1,501
1,967,675
3,721
153,769
8,381,547
4,363,000
10,291
630,722
2,013,532
155,238 2/
5,582,055
1,302,795
234,618
82,236
67,765
49,889
U,970
1,170,670
121,883
1,537,413
150,000
94,860
1,292,553
196,800
80,911
115,889
2,758,741
46,744
44,087
127,655
908,373
159.977
2,667,910
2,268,368
2,823,147
196,800
2,758,741
80,911
46,744
115,889
44,087
2,667,910
2,955,541
127,655
159,977
2,667,910
-5,888
25,314
-4,879
12,773
-1,000
12,049
-9
492
2,974,967
135,550
171,026
2,668,392
2,955,541
12,874,501
See Table 1, footnote 1.
See Table 2, footnote 6.
The surplus is not available by law
for dividend distribution and is
2,667,910 3/
6,874,608
considered by the Corporation as a reserve for future
deposit insurance losses and related expenses with respect
to insured banks.
Less than $500.
April
123
1964
.COKPORATIONS AND CERTAIN OTHER BUSHtESS-TYPE ACTIVITrES.
Statements of Financial Condition
Section I
Table 6.- Certain Trust Revolving Funds, December 31, 1963
(In thousands of dollars)
Total
Account
1/
Agriculture
Department
Defense
Department
Farmers' Home
Army
Department
Administration
United States
State rural
rehabilitation Soldiers' Home
revolving fund
funds 2/
ASSETS
:
Cash in banks. on hand, and in transit.
Fund balances with the U. S. Treasury 2/Investments:
Public debt securities (par value)
Securities of Government enterprises....
Unamortized premium, or discount (-)....
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (- )
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (- )
Other assets (net )
147,978
2,017
377,655
24,560
-6,066
28,900
1,634
50,164
2,008
430
13
1
3,275
286
10,670
2,727,119
Total assets.
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
57,519
2,149
21,485
16,602
Other:
Guaranteed by the United States
Not guaranteed by the United States.
Other liabilities (including reserves)..
1,788,361
11,026
Total liabilities
1,897,142
NET INVESTMENT
Trust interest;
Principal of fund
269 , 600
419
Capitalization of assets (net)
Accumulated net income, or deficit (-).
414,018
Total trust interest.
684,037
United Sietes interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury. .
Other
Nontnterest-bearing investment
Capital stock
Appropriations
Capitalization of assets (net )
Other
Accxjmulated net income, or deficit (-),
Deposits of general and special fund
revenues (- )
Total United States interest.
Total liabilities and investment.
106,000
39,941
145,941
2,727,119
-6
Justice Department 2/
Office of Allen Property
Alien property fund
.
'
'
'
Treasury Bulletin
124
.CORPORATIONS AND CERTAIN OTEER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, December 31, 1963
(Continued)
(In thousands of dollars)
General
Services
Administration
Accoxint
National
Archives
trust fund
ASSETS
Cash in banks, on hand, and in transit
Fund balances with the U. S. Treasury 2/ ...
Investments;
Public debt securities (par value)
Securities of Government enterprises
Unamortized premixim, or discount (-)
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (- )
Accrued interest receivable:
On public debt securities
On securities of Government enterprises...
Other
Loans receivable:
Government agencies
Other
Allowance for losses (- )
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
Total assets
Housing and Home
Finance Agency
Federal National
Mortgage Assoc,
Secondary
market
operations
Civil Service Commission
Employees
health
benefits
fund
Employees
life
insurance
fund
Retired
employees
health
benefits
fund
Federal
Communications
Commission
International
telecommunication
settlements
233
7,322
11,564
22,071
2,326
102
3,600
2i,560
-36
28,900
45,534
326,685
100
-166
-5,856
7,161
31,124
10,731
293
18
5
381
2,892
42
-14
26
-17
-3
88,481
356,331
3,572
201
40,366
14,500
2,408
134
110
34
34
-3
1
18
1,534
65
48
1,135
154
286
10,033
2,061,791
-61,787 8/
8,283
13i
-2i
11
5,967
526
5,097,615
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
16
1,9U
21 ,476
16,602
Other:
Guaranteed by the United States
Not guaranteed by the United States
Other liabilities (Including reserves)
Total liabilities
NET INVEgTMENT
Trust interest:
Principal of fund
Capitalization of assets (net)
Accumulated net Income, or deficit (-)....
Total trust Interest
23
526
881
41,242
15,060
3,322
134
50i
24,779
47,240
341,770
249
67
5ni
115,338
47,240
341,770
249
67
88,481
356,831
3.572
106,000
39,941
Total United States interest
Footnotes 1 through 7 on preceding page.
8/ Represents unrealized purchase discounts
*
Less than $500.
765
1,836,336
90,559
United States Interest:
Interest-bearing Investment:
Capital stock
Borrowings from the U. S. Treasury
Other
Noninterest-bearing Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)....
Deposits of general and special fund
revenues (- )
Total liabilities and investment
1,738,361
7,953
145,941
526
2,097,615
201
April
125
1964
COKPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Excluding Interagency Loans and Those Made by
Table 7.- Loans Outstanding December 31, 1963
Loans i/
Deposit and Trust Revolving Funds, Classified by Types of
,
(
In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total 2/
Public enterprise
revolving funds
Certain other
activities
To aid apiculture:
Loans to cooperative associations:
Fanners' Home Administration:
Direct loan account
Rural Electrification Administration.
Crop, livestock, and commodity loans:
Commodity Credit Corporation
Farmers' Home Administration:
Direct loan account
Emergency credit revolving fund
3,784,272
2,927,62i 3/
2,927,624 3/
1,332
52,852
1,332
52,852
59,929
59,929
92,119
302,020
517,390
92,119
302,020
549,791
10,750
549,791
B,323,6il
4,010,729
4
Virgin Islands Corporation
Storage facility and equipment loans:
Commodity Credit Corporation
Farm mortgage loans:
Farmers' Home Administration:
Agricultural credit insurance fund.
Direct loan account
Rural housing and other loans
Other loans:
Farmers' Home Administration:
Direct loan account
Rural housing and other loans
Total to aid agriculture
To aid home owners:
Mortgage loans:
Federal Housing Administration
Federal National Mortgage Association:
Management and liquidating functions
• • •
Special assistance functions
Federal Savings and Loan Insurance Corporation.
Housing and Home Finance Administrator:
Community disposal operations fund
Interior Department:
Bureau of Indian Affairs:
Liquidation of Hoonah housing project
Public Housing Administration
Veterans' Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
Other loans:
Veterans' Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
•
Total to aid home owners
To aid industry:
Loans to railroads:
Expansion of defense production:
Treasury Department
Other purposes:
Interstate Commerce Commission.
Treasury Department:
fund...
Reconstruction Finance Corporation liquidation
Ship mortgage loans:
Commerce Department:
Federal ship mortgage insurance fund
Maritime Administration
Other loans:
Expansion of defense production:
Interior Department
Treasury Department
Defense production guaranties:
Air Force Department
krmy Department
Navy Department
Other purposes:
Commerce Department:
Area Redevelopment Administration:
Area redevelopment fund
........
Federal ship mortgage insurance fund
liquidation.
Loans of Inland Waterways Corporation in
Footnotes at end of table.
24,557
2A,557
3,78i,272
517,890
10,750
353,212
353,212
1,174., 291
1,174,291
1,537,097
1,537,097
102,
8U
102,
4,312,912
3U
3,989
162
254
162
254
1,247,031
6,224
1,247,031
6,224
18,093
405,522
18,098
405,522
4,848,724
4,848,724
12,231
12,231
14,676
U,676
4,781
4,781
13,328
101,068
13,328
10,038
38,857
10,038
33,857
9,396
2,129
6,211
9,396
39,535
749
3,750
39,535
749
(Continued on following page)
101,063
2,129
6,2U
3,750
Foreign
currency
loans 2/
126
April
127
1964
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTiVlTJJiS-
Sectlon I - Statements of Financial Condition
December 31, 1963, Excluding Interagency Loans and Those Made by
7.Outstanding
tx)an6
Table
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued) 1/
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Public enterprise
revolving funds
Total 2/
Other loans:
General Services Administration;
Surplus property credit sales and liquidation activities,
Housing and Home Finance Administrator;
Housing for the elderly
Liquidating programs
Interior Department:
Bureau of Indian Affairs:
Loans for Indian assistance
Revolving fund for loans
Office of Territories:
Loans to private trading enterprises
Public Housing Administration
Small Business Administration:
Revolving fund (lending operations)
State Department:
Loans to United Nations
Emergency loans to individuals
Treasury Department:
Federal Farm Mortgage Corporation liquidation fund
Miscellaneous loans and certain other assets
Veterans' Administration:
Insurajice appropriations policy Iobjis
Service-disabled veterans' insurance fund
Soldiers' and sailors' civil relief
Veterans' special term insurance fund
Vocational rehabilitation revolving fund
^
88,842
36,252
6,964
13
13
,
,
19,696
19,696
143
639
143
639
85,297
85,297
^
113,
113, 64A
549
448
4A8
50
50
868
3,081
42
2,376
3,081
42
2,376
85
85
358,989
155,023
203,966
26,783,196
16,600,338
10,182,858
Total other loans
Deduct:
Loans of agencies submitting financial statements
*
on an annual basis (see footnote 5)
532,197
Total loans of agencies submitting financial statements on a
quarterly basis as shown in Table 1
26,251,000
2/
6U
549
^
1/
Foreign
currency
loans 2/
88,842
36,252
6,964
,
Total loans
Certain other
activities
Includes purchase money mortgages, mortgages purchased from insured
lending institutions to prevent default, and similar long-term paper
held by the agencies which are now classified as loans receivable.
Prior to June 30, 19^, thsse assets had been classified as accounts
and notes receivable or other assets.
Does not include foreign currenqy loans.
The dollar equivalents of these loans are computed for reporting purposes at varying rates. Where the loan agreements stipulate a dollar
denominated figure, the loans outstanding are generally valued at
agreement rates of exchange. Loans executed in units of foreign currency" are valued at the market rates (i.e., the rates of exchange at
which Treasury sells such currencies to Government agencies)
3,824,882
532,197
16,600,338
^
^
6/
7/
S/
2/
9,650,662
3,824,882
Certificates of interest amounting to 1712 million, issued against
certain of these loans, were outstanding as of December 31, 1963.
This Agency submits financial statements an n ually as of June 30, purA complete
suant to Supplement No. 1 to Department Circular No. 966.
balance sheet as of December 31, 1963, was not submitted, but the
outstending loans of this Agency were reported to Treasury and are
shown on this line.
As of June 30, 1963, the latest available.
Public enterprise revolving fund.
Certain other activity.
Participation certificates amounting to $487 million, issued against
certain of these loans, were outstanding as of December 31, 1963.
Treasury Bulletin
128
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TTCPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods for All Business-Type ActlvltleB
Excluding Interagency Loans but Including Foreign Currency Loans
Part A.- Classified by Types of Loans
(In millions of dollars)
To aid agriculture
End of
period
Total
1/
Fiscal years:
1955
1956
1957
1958
1959
I960
1961
1962
1963
Calendar years;
1955
1956
1957
1958
1959
1960
1961
1962
1963
Current quarters:
1952-March
September
1963-March
September
31
30
31
30
Total
to aid
agri culture
Agriciiltural
credit
corporations
2,604.4
2,774.4
2,979.3
3,191.6
3,509.3
3,748.2
3,974.4
4,231.0
4,413.8
2,234.0
2,452.9
2,089.2
1,688.2
2,526.9
1,360.7
1,532.3
2,272.6
2,623.7
634.1
275.3
314.2
359.2
454.0
504.5
558.5
661.6
838.0
20,506.3
21,091.5
22,755
25,851
28,277
31,122
34,849
37,728
40,421.0
6,715.4
6,785.4
6,681.1
8,684.9
7,762.5
8,299.5
9,453.1
10,376.5
11,289.6
686.5
733.6
928.8
1,160.5
1,396.4
1,502.0
1,651.2
1,841.9
2,100.0
2,721.7
2,954.1
3,152.0
3,394.2
3,715.4
3,948.3
4,168.0
4,350.7
4,649.0
2,669.7
2,441.6
1,840.7
3,333.9
1,752.8
1,871.3
2,486.2
2,816.9
2,932.3
35,854.9
36,043.4
37,867.8
33,067.4
10,253.9
9,422.7
11,440.8
10,131.8
1,765.5
2,015.1
2,006.5
2,322.7
4,231.3
4,267.8
4,436.7
4,495.6
2,985.9
1,772.6
3,514.9
1,731.2
Total
to aid
industry
Loans to
railroads
12.7
12.7
12.3
Calendar years:
1955
1956
1957
1958
1959
I960
1961
1962
1963
31
September 30
Footnotes on page 131.
Farm
mortgage
844.6
894.4
996.5
1,227.0
1,547.4
1,697.8
1,832.2
1,998.6
2,293.5
43B.5
626.9
639.6
654.2
716.8
753.6
727.7
876.1
903.0
196>Maroh
commodity
loans 2/
6,361.7
6,789.6
6,827.5
6,913.4
8,489.7
7,797.5
8,428.3
9,793.0
10,872.8
Fiscal years
1955
1956
1957
1958
1959
I960
1961
1962
1963
Current quarters:
1962-March
31
September 30
Crop, livestock, and
19,420.5
ai,547.5
21,812.9
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
To aid industry
End of
period
Cooperative
associations
To aid home owners
Ship
mortga
loans
U.6
Total
to aid
home
owners
Mortgage
loans
y
Other
530.9
629.1
703.8
3,094.8
3,377.7
4,380.5
4,628.2
5,872.7
7,563.6
7,763.2
8,340.6
7,050.3
3,094.6
3,302.7
4,276.0
4,473.5
5,641.6
7,247.0
7,371.9
7,874.2
6,685.8
596.4
239.8
357.5
399.5
484.3
530.4
608.5
768.2
931.0
41.2
366.2
401.9
396.7
413.5
447.5
539.2
598.8
627.3
3,204.4
3,771.4
4,768.6
4,860.3
6,735.1
8,032.2
8,248.3
8,244.8
6,910.5
3,204.1 3/
3,683.1
4,642.0
4,671.8
6,462.1
7,679.1
7,807.9
7,814.9
6,486.9
126
188
273
353
440
429
423.6
636.1
726.2
797.6
891.9
635.1
8,456.9
8,265.2
7,818.2
6,892.8
7,993.7
7,810.5
7,407.0
6,522.3
463.2
454.7
411.1
370.6
392.5
448.2
4A7.3
452.0
486.1
6.'.1.1
685.0
690.4
.2
74.9 2/
104.5
154 7
231 1
316 6
391 3
466 4
364 5
y
To aid financial institutions
Other
Total to
aid financial
institutions
Mortgage
loans
companies
425.8
393.2
408.6
455.2
535.5
591.3
584.2
722.5
750.2
1,019.2
1,180.6
1,086.6
933.7
1,538.9
1,801.5
1,915.6
2,768.2
3,270.8
5.6 6/
7.2
8.0
7.5
7.2
6.7
32.8
32.1
221.0
218.6
191.0
173.8
155.2
136.8
120.7
120.6
678.3
619.3
673.9
679.9
732.8
748.0
797.9
917.8
938.5
11.2
12.5
10.3
7.8
7.4
7.0
32.7
32.3
31.7
260.7
219.3
216.8
186.6
165.7
151.4
128.2
114.7
114.4
406.5
387.5
446.9
485.5
559.7
589.6
637.0
770.8
792.4
1,419.0
1,235.5
1,272.3
1,300.6
2,136.1
2,027.3
2,708.3
3,480.0
4,785.2
6
846.3
892.0
879.8
32.6
32.5
32.3
31.7
123.9
117.3
122.9
116.9
689.9
742.2
724.7
758.2
2,197.2
3,047.3
2,514.6
4,025.2
906.8
Other
2
2
7
7
2
1
46,
46.1
1.0
1.0
46.1
1.0
1.0
1.0
6/
To aid
education
To aid
States,
Territories,
etc.
Foreign
loans
4/
1,013.5
1,173.4
1,079.4
929.5
1,537.1
1,769.8
1,86^.4
2,767.1
3,269.8
81.7
113.2
209.8
374.9
585.7
830.4
1,088.8
1,393.5
1,771.4
255.2
226.8
243.0
270.9
310.0
348.9
402.8
528.1
591.4
8,032.4
8,171.6
8,300.2
9,046.2
9,924.7
10,266.8
10,991.2
12,196.3
13,339.6
1,412.4
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,662.2
3,479.0
4,784.2
91.6
147.3
274.4
450.4
682.8
958.6
1,233.9
1,599.2
1,931.1
244.9
246.0
264.0
293.4
318.8
369.1
423.1
630.7
654.8
7,-988.3
2,151.1
3,046.3
2,513.6
4,024.2
1,303.8
1,521.6
1,700.1
1,862.8
467.8
565.2
643.6
643.8
other
loans
136,
61
125,
71
72,
205,
209,
259
342.6
8,223.5
8,753
9,509
9,840
10,483
11,753
12,159.7
13,552.4
164.4
63.1
67.6
72.0
69.5
204.2
230.8
319.4
359.0
12,092.1
12,073.7
12,549.5
13,258.4
236.9
255.7
321.3
345.9
April.
1964
129
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans - (Continued)
Part B. Classified by Agencies
(In millions of dollars)
Agriculture Department
End of period
for
International
Development 2/
Total
1/
Fiscal years:
1955
1956
1957
1958
1959
I960
1961
1962
1963
19,420.5
20,547.5
21,812.8
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
1,691.6
1,885.5
2,111.3
2,436.7
2,894.2
3,263.1
3,655.5
5,027.1
6,123.0
Calendar years
1955
1956
1957
1958
1959
1960
1961
1962
1963
20,506.3
21,091.5
22,755.6
25,851.1
28,277.7
31,122.6
34,849.2
37,728.2
40,421.0
1,766.8
1,994.6
2,194.8
2,682.3
3,042.6
3,381.9
4,433.1
5,222.5
6,604.1
Current quarters:
1962-Mar. 3l7.
Sept. 30...
1963-Mar.
31...
Sept. 30...
35,854.9
36,043.4
37,867.8
38,067.4
4,686.5
4,930.9
5,586.6
Commerce
Development
loan
fund S/
Com-
modity
Credit
Corporation
1.5
67.0
262.1
513.5
5.9
159.3
378.8
6,266.4
Housing and Home Finance Agency
-
Farmers' Rural
Home
ElectriAdminis- fication
tration Administration
2/
Interior
Health,
Education, and
Dept.
Agency
Maritime
activities
Welfare
Dept.
Office of
Education
U/
Expansion of
defense
prod.
Other
11/
11.9
14.5
16.9
18.8
14.6
14.3
13.3
12.3
10.9
202.1
116.6
70.4
170.9
185.4
180.2
181.7
169.4
162.9
121.6
121.3
53.0
3,601.0
3,555.2
3,509.5
3,522.5
3,470.5
3,406.2
3,369.4
3,348.7
3,323.5
84.5
83.4
82.3
81.1
79.9
162.7
165.9
173.7
154.8
229.4
308.2
456.7
477.2
679.5
905.4
1,116.8
1,433.1
1,755.8
13.2
15.8
18.0
U3.2
185.8
178.6
177.5
176.3
164.9
161.7
126.5
112.0
3,552.9
3,507.1
3,557.5
3,469.9
3,406.3
3,353.3
3,318.8
3,308.3
3,261.0
83.8
82.6
81.5
80.3
79.1
163.1
165.5
162.2
149.0
264.3
352.4
356.7
570.1
835.1
1,007.7
1,243.3
1,625.4
1,907.1
3,338.5
3,351.3
3,311.2
3,316.1
163.4
166.0
150.5
150.8
1,304.6
1,527.4
1,688.9
1,831.4
tion
769.6
810.6
866.5
902.7
962.6
1,013.1
1,110.6
1,322.0
1,582.4
2,285.6
2,413.2
2,585.8
2,773.6
2,973.5
3,186.5
3,367.4
3,524.6
3,693.7
270.4
235.0
208.0
179.1
152.3
130.2
126.2
2,620.8
2,348.9
1,778.1
3,298.4
1,745.0
1,876.6
2,506.5
2,835.2
2,987.6
681.
757.
832.
841.
915.
983.
1,139.
1,363.
1,575.
2,348.0
2,488.2
2,687.6
2,874.4
3,082.7
3,287.3
3,458.4
3,600.3
3,784.3
260.7
276.5
265.4
226.3
195.2
171.3
141.3
123.1
119.7
111.5
179.4
255.6
344.4
14.3
13.6
12.7
11.6
10.0
2,980.6
1,765.2
3,502.0
1,716.6
1,289.4
1,388.9
1,512.2
1,617.4
3,489.5
3,562.8
3,658.7
3,738.1
134.9
126.0
129.7
123.2
205.1
251.9
294.8
339.6
12.5
11.9
11.3
10.3
.7
.6
.5
.4
30.8
72.7
130.7
205.2
295.5
.6
.6
.5
.4
.3
89.4
U.7
51.1
124.9
118.2
54.9
52.1
Export- Inport Bank Farm Credit Administration
Fed. Home
of Washington
Loan Bank
Federal Board
Federal
ExpanLoan
Banks
Public
Direct
intersion of
Farm
guaranty
for
Housing loan
Mortgage mediate
defense
Fed. home
cooperAdminis- program revolving
Corpora- credit
producfund 1^
atives
loan
tration
tion 17/ banks
tion
banks
(Continued)
General
Services Office
Adminis- of the
tration Administrator
12/
12/
RFC (in
liquidation)
10/
Expansion of
defense
produc-
2,137.4
2,319.0
1,994.3
1,600.0
2,480.3
1,347.0
1,522.8
2,254.9
2,601.8
276.1
Treasury Department
Dept.
Veterans'
Administration
Federal National
Mortgage Association
End of period
Fiscal years;
1955
1956
1957
1958
1959
1960
1961
1962
1963
Federal
Housing
Admin- Manageistra- ment and
tion
liquiIV
dating
56.6
166.7
202.2
291.8
348.7
2,584.5
2,495.6
2,356.5
2,218.5
2,030.4
1,726.5
1,587.1
1,416.6
1,270.6
9.1
233.4
1,248.1
1,393.6
1,573.8
2,600.5
2,522.3
2,871.3
2,138.1
85.7
648.7
1,635.8
1,380.7
2,049.8
2,903.0
2,871.9
2,846.6
2,061.8
3,022.5
2,847.8
2,528.3
2,091.4
Calendar years
1955
1956
1957
1958
1959
1960
1961
1962
1963
183.3
236.2
321.3
353.2
2,555.7
2,417.8
2,289.9
2,124.3
1,949.5
1,659.5
1,507.9
1,339.3
1,174.3
Current quarters:
1962-Mar.
317!
Sept. 30..
1963-Mar.
31..
Sept. 30..
256.3
301.5
338.6
357.0
1,467.6
1,375.1
1,305.1
1,202.8
67.4
Footnotes on page 131.
Secondary
market
Special
assistance
22.3
30.3
36.5
32.4
28.4
1,228.
1,343.
1,275.
60.5
78.3
106.8
156.8
231.8
315.6
388.5
461.0
354.5
72.2
418.6
1,563.4
1,779.1
1,881.2
1,889.8
1,537.1
92.9
106.0
105.4
95.9
87.4
99.3
95.4
151.6
134.6
412.8
463.8
640.4
745.6
893.3
1,146.7
1,309.3
1,379.9
1,265.1
68.2
91.2
129.2
190.0
272.8
351.3
436.5
422.1
431.7
23.5
38.2
34.4
30.4
26.4
22.3
8.0
1,904.1
1,885.2
1,816.2
1,555.9
102.7
121.2
165.0
130.0
1,342.2
1,360.3
1,384.3
1,261.5
458.7
448.1
402.4
359.1
5.2
.4
24.6
164.2
1,211.1
1,690.1
1,828.8
1,907.6
1,612.2
5.6
99.5
90.1
94.2
91.3
89.1
93.1
97.5
97.1
93.8
370.2
433.
521.
694.
824.
1,054.
24.4
15.1
2,773.6
2,631.5
2,630.2
3,061.3
3,486.6
3,268.0
3,414.9
3,712.2
3,815.6
321.7
349.1
384.3
410.0
525.9
553.1
596.7
693.4
702.2
11.6
2,702.2
2,663.1
3,005.6
3,332.1
3,231.3
3,290.5
3,893.8
3,580.7
3,610.5
375.1
457.1
454.5
511.3
622.9
650.1
697.1
736.5
842.0
11.6
3,936.8
3,690.3
3,592.6
3,598.6
723.7
696.7
761.4
737.0
3.9
2.2
846.6
897.7
996.5
1,227.0
1,547.4
1,697.8
1,330.9
1,998.1
2,292.7
1,016.9
1,173.4
1,079.4
929.5
1,537.1
1,769.8
1,869.4
2,767.1
3,260.8
689.4
733.6
923.8
1,416.8
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,562.2
3,479.0
1,15'<.0
2.2
1,395.9
1,501.7
1,651.2
1,840.9
2,100.0
1,765.5
2,009.1
2,006.5
2,322.7
Small
Business
Administration
Other
W
154.8
245.5
346.6
393.7
466.0
644.7
726.2
27.8
31.2
34.6
37.8
47.6
234.9
237.0
397.4
521.2
54.1
2<5.7
34.9
85.1
4,''84.2
115.6
202.9
292.8
370.8
427.5
539.5
695.9
754.2
31.5
33.7
234.7
333.7
424.1
598.2
2,151.1
3,046.3
2,513.6
4,024.2
597.1
663.9
705.0
728.5
386.2
397.3
447.6
536.5
30.4
a.
.
,
130
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYFE ACTrVTTIES.
Footnotes to Table
1
4
iy
2/
Assistance Act of l95i, as amended, and the Mutual Security Acts, as
amended. Dollar equivalents are computed for reporting purposes, to
provide a common denominator for the cxirrencies of the many countries
Involved. Foreign currencies on hand and on deposit and loans under
section 10^ (e) of the Agricultural Trade Developnent and Assistance
Act of 195^^, as amended, are stated at the rates as of Derember 31,
1963, at which the United States could purchase currencies on the mar-'
ket for regular operating purposes. Other loans are stated at the
rates at which they are to be repaid or at rates in effect when the
loans were extended. Currencies that are dollar denominated or guar-k
anteed as to rate of exchange are stated at rates specified in the
agreements
Less than $500,
These amounts consist in the main of unexpended balances of general,
special, and revolving fund accounts against which checks may be
drawn to pay proper charges under these funds. The funds are considered as assets of the agencies, but are not assets of the United
States Government since funds must be provided out of cash balances
of the Treasurer of the United States and future receipts to take
care of checks to be issued against the balances.
Includes foreign currency assets, representing loans and other
receivables recoverable in foreign currency as well as balances of
foreign currencies in United States depositaries, aggregating $^,851
million in dollar equivalent. These currencies, acquired primarily
without the payment of dollars, were generated under various Government programs, principally the Agricultural Trade Development and
'
^
Footnotes to Table 2
1_/
2/
2/
4/
'xl
6/
Includes operating and administrative expenses funds,
See Table 1 , footnote 1
Certificates of interest in the amount of $712 million, issued against
certain of these loans, were outstanding as of December 31, 1963.
These certificates of interest are included in "Other liabilities."
Foreign currency assets are included throughout the table (see Table
footnote 2).
1 ,
Represents transfers of principal and interest to miscellaneous
receipts of the United States Treasury.
Certain corporations and other business-type activities that have submitted statements of financial condition guarantee and insure loans
made by private financial institutions and insure deposits in banks
and savings and loan associations. These commitments are excluded
from their balance sheets. The major agencies that have these items
and the amounts thereof are as follows:
Amount
(In millions
Activity
of dollars')
Agriculture Department:
Farmers' Home Administration:
Agricultural credit insurance fund
Commerce Department:
Federal ship mortgage insurance fund
Housing and Home Finance Agency:
Office of the Administrator:
UrbEin renewal fund
Federal Housing Administration
Public Housing Administration:
Local housing authority bonds and notes
Local housing authority temporary notes
Veterans Administration:
Loan guaranty revolving fund
Federal Deposit Insurance Corporation (June 30, 1963),
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation
Interstate Commerce Commission
Small Business Administration:
Revolving fund
Defense production guaranties (various agencies)
'
2/
8/
2/
12/
11/
April
1964
131
CORPORATIONS AND CERTAIN OTHER BUSINESS-T^E ACTIVITIES
Footnotes to Table 8
It inTable 8 relates to all loan programs of Government agencies.
cludes not only the United States dollar and foreign currency loans
summarized separately in Table 7, but also the loans made, all in
Dnited States dollars, by deposit funds (Table 5) and trust revolving
funds (Table 6). Pursuant to an amendment issued June 23, I960, to
Department Circular No. 966, Table 8 now includes pxirchase money
mortgages, mortgages purchased from insured lending institutions to
prevent default, and similar long-term paper (see footnote 1 at end
of Table 7)
Includes guaranteed loans held by lending agencies and certificates
of interest.
The major portion of the loans of the Veterans' Administration loan
guaranty revolving fund is included under "Mortgage loans" in 1955
and under "Other" to aid home owners thereafter (see footnote 16).
Includes guaranteed loans held by lending agencies at the end of certain periods, participation certificates beginning June 30, 1963, and
the loan to the United Kingdom.
See footnote li.
Includes loans to insurance companies amounting to $3.^ million as of
June 30, 1955, and $3.1 million as of December 31, 1955.
This Agency was established in the Department of State, and the International Cooperation Administration and the development loan fund were
abolished on November 3, 1961, pursuant to the act approved September
A, 1961 (75 Stat. U5) , and Executive Order No. 10973 dated November
Loans of the abolished agencies were transferred to this
3, 1961.
Agency and a new fund for development loans was established. Data
for earlier periods are for predecessor agencies.
This fund was abolished on November 3, 1961 (see footnote 7).
Consists of the emergency credit revolving fund, the agricultural
credit insurance fund (formerly the disaster loans, etc., revolving
fund and the farm tenant mortgage insurance fund, respectively); the
farm housing and other loan programs; the State rural rehabilitation
funds beginning June 30, 1956; and the direct loan account beginning
December 31, 1961. Prior to June 30, 1956, and December 31, 1961,
loans of the agricultural credit insurance fund and the direct loan
account, respectively, were included in the statements of financial
condition of the nonrevolving fund loan programs.
On September 29, 1953, pursuant to the act approved July 30, 1953
(15 U.S.G. 609), the Reconstruction Finance Corporation started
liquidation of its activities, except those carried on by the Corporation pursuant to Section A09 of the Federal Civil Defense Act
of 1950 (50 App. D.S.C. 2261) and expansion of defense production
activities carried on pursuant to the Defense Production Act of
1950, as amended (50 App. U.S.C. 2091-2094), which had been transferred to the Secretary of the Treasury as of September 28, 1953,
and as of the close of business on September 28, 1953, respectively.
Effective at the close of business June 30, 1954, pursuant to Reorganization Plan No. 2 of 1954, certain functions and related assets
of the Corporation were transferred to the Export-Inport Bank of
Washington, the Federal National Mortgage Association, and the Small
Business' Administration.
On July 1, 1954, the remaining activities
of the Corporation were transferred to the Secretary of the Treasury
to complete their liquidation, pursuant to the act of July 30, 1953,
as amended June 29, 1954.
The Corporation was abolished effective
at the close of business June 30, 1957, by Reorganization Plan No. 1
of 1957, and the remaining functions of the Corporation were transferred to the Housing and Home Finance Administrator, .Administrator
of General Services, Administrator of the Small Business Administration, and the Secretary of the Treasury.
Consists of the loan to the United Kingdom and other miscellaneous
loans, Federal civil defense loans, loans of the Reconstruction
12/
13/
1^/
15 /
16 /
17/
IS/
*
Finance Corporation liquidation fund beginning December 31, 1957
(see footnote 10), and loans of the Federal Farm Mortgage Corporation liquidation fund beginning December 31, 1961 (see footnote 17).
Figures through December 31, 1959, consist of loans of the Public
Works Administration (in liquidation). Figures beginning June 30,
I960, include also: loans of Federal Facilities Corporation (this
Corporation was dissolved September 30, 1961, pursuant to the act
of August 30, 1961 (75 Stat. 419), and the loans are being liquidated by the Administrator of General Services), the Reconstruction
Finance Corporation liquidation fund through September 30, 1963,
surplus property credit sales (see footnote 1 at end of Table 7),
and loans acquired pursuant to the Defense Production Act of 1950,
as amended (50 App. U.S.C. 2091) through December 31, 1960.
Includes urban renewal loans authorized by the Housing Act of 1949,
as amended (42 U.S.C. 1452 (a)); beginning December 31, 1951, college
housing loans authorized by the Housing Act of 1950, as amended (12
U.S.C. 1749); loans held by the revolving fund established pursuant
to the act approved June 24, 1954 (68 Stat. 295); as of December 31,
1955, public works planning loans authorized by the Housing Act of 1954
approved August 2, 1954 (40 U.S.C. 462); beginning December 31, 1956,
public facility loans authorized by the Housing Amendments of 1955
approved August 11, 1955 (42 U.S.C. 1491); as of December 31, 1956,
June 30, 1957, and from June 30, I960, through December 31, 1963,
community disposal operations loans authorized by the Atomic Energy
Community Act of 1955 approved August 4, 1955 (42 U.S.C. 2301 note)
and Executive Order No. 10657 of February 14, 1956; and beginning
December 31, 1961, loans for housing for the elderly authorized by
the Housing Act of 1959, as amended (12 U.S.C. 1701q)
Beginning with
No loans were reported prior ic December '31, 1955.
that date, certain mortgage notes have been reported and are classified as mortgage loans.
From June 30, 1956, through March 31, I960, the mortgage notes and
sales contracts which had previously been classified as loans were
classified as other assets and were not included in this table.
These mortgage notes and sales contracts have now been reclassified
as loans, and beginning June 30, I960, are induced in this table
(see footnote 1 at end of Table 7).
The Veterans' Administration loan guaranty prognm was converted to a
revolving fund effective July 1, 1961, pursuant to the act approved
July 14, I960 (74 Stat. 533).
From June 30, 1956, through March 31, I960, notes receivable which
had previously been classified as loans were classified as other
These notes have now
assets and were not included in this table.
been reclassified as loans, and from June 30, I960, through June
Or Ociober 4, 1961, this
30, 1961, were included in this column.
Corporation was abolished pursuant to the act approved October 4,
1961 (75 Stat. 773), and its remaining assets were transferred to
the Secretary of the Treasury for liquidation.
The major portion of the loans is held by: Department of the Interior - Indian loans, fisheries loan fund beginning June 30, 1957,
Bureau of Reclamation beginning June 30, 1959, and Alaska public
works loans beginning June 30, I960; Department of the Army - guaranteed loans (World War II) through December 31, 1957; Federal Savings
and Loan Insurance Corporation, Defense Department (military assistance credit sales), and State Department beginning June 30, I960;
Commerce Department - area redevelopment fund beginning June 30, 1962;
and agencies reporting loans pursuant to the Defense Production Act
of 1950, as amended (50 App. U.S.C. 2091), which consist of the
Departments of the Air Force beginning June 30, 1956, Army, and Navy,
and the General Services Administration as of December 31, 1959.
Less than $50,000.
Treasury
132
BuUetim
.CUMDLATIVE TABLE OF COHTENTS.
May 1963 through April 1964
Issue and page number
1963
Reporting bases.
Articles:
Treasury financing operations
May
June
11
July
Aug.
II
II
II
A-1
A-1
A-1
1
1
196i
Sept.
Oct.
Deo.
Jan.
Feb.
II
II
II
A-1
A-1
A-1
A-1
A-1
A-1
A-1
1
1
1
1
1
1
1
1
9
9
11
11
11
11
10
10
Sujnmflries:
Federal fiscal operations
Administrative budget and trust fund receipts and expenditures.
Administrative budget receipts and expenditures;
Receipts by principal sources
Detail of miscellaneous receipts by major categories
Chart - Internal revenue receipts by principal sources
Expenditures by agencies
Interfund transactions excluded from both net budget receipts
and budget expenditures
Summary of appropriations and authorizations, expenditures, and
balances, by agencies
Expenditures and balances by functions
Expenditures by functions
Detail of excise tax receipts
Trust and other transactions:
Summary of trust and other transactions
Trust receipts
Trust, deposit fund, and Government-sponsored enterprise
expenditures
Investments in public debt and agency securities (net)
Sales and redemptions of Government agency securities in
market ( net)
Interfund transactions excluded from both net trust account
receipts and net trust account expenditures
Federal Old-age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Railroad Retirement Account
Unempl oyment Trust Fund
National Service Life Insurance Fund
Investments of specified trust accounts in public debt securities,
by issues (latest date December 31, 1963)
Consolidated cash transactions (formerly cash income and outgo):
Summary of Federal Government cash transactions with the public...
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 withdrawals from Treasurer' s account
Derivation of Federal net cash debt transactions with the public,
and reconciliation to transactions through Treasurer's account,...
Intragovernmental and other noncash transactions
Accrued interest and other noncash transactions
Account of the Treasurer of the United States;
Status of the Account of the Treasurer of the United States
Analysis of changes in tax and loan account balances
Summary of .::a3h transactions through the Account of the Treasurer
of the United States
Debt outstanding;
Summary of Federal securities
Computed interest charge and rate on Federal securities
Interest-bearing public debt
Average length and maturity distribution of marketable
interest-bearing public debt
Special public debt is^es to U. S. Government investment accounts.
Treasury holdings of securities issued by Government agencies
Interest-bearing securities issued by Federal agencies but not
guaranteed by the U. S. Government
Statutory debt limitation
Public debt operations
Maturity schedule of interest-bearing public marketable securities
other than regular weekly Treasury bills
Offerings of Treasury bills
New money financing through regular weekly Treasury bills
Offerings of public marketable securities other than regular
weekly Treasury bills
Securities issued in advance refunding operations
Allotments by investor classes on subscriptions for public
marketable securities other than regular weekly Treasury bills....
Dlsposltloniof matured public marketable securities other than
regular weekly Treasury bills
Foreign series securities (nonmarketable) issued to official
institutions of foreign countries
Foreign ciirrency series securities (nonmarketable) issued to
official institutions of foreign countries
10
10
10
12
12
10
10
10
10
11
11
11
13
14
11
12
11
12
12
13
10
12
11
10
11
12
13
12
13
11
12
13
15
13
13
14
12
12
14
14
13
U
16
14
15
13
13
14
15
15
16
17
15
15
18
14
15
16
16
17
18
14
15
In
16
17
18
19
19
15
16
16
17
18
19
20
17
15
20
16
14
19
16
16
21
18
16
21
17
15
20
17
17
22
19
17
22
18
16
21
18
18
25
23
22
20
18
19
25
23
24
21
19
20
19
17
18
24
22
21
19
20
21
19
20
24
28
20
21
23
21
25
26
23
22
27
25
23
28
24
25
24
24
28
29
24
29
25
23
24
27
24
22
27
23
21
26
23
23
25
30
30
31
27
27
28
25
25
26
30
30
31
26
26
24
24
25
26
26
27
26
26
27
26
26
27
29
29
30
25
26
27
30
31
32
27
27
29
29
27
28
29
33
30
30
30
34
31
31
31
32
34
36
32
34
36
32
34
36
43
49
4a
46
40
46
40
31
28
32
33
29
30
26
27
28
31
32
33
27
28
29
34
31
29
34
30
28
35
32
30
35
31
29
36
38
40
33
35
37
31
36
38
40
32
33
35
30
32
34
35
37
39
43
41
39
44
40
38
46
44
28
;
34
36
46
48
47
45
50
48
46
51
48
48
43
51
50
48
53
51
49
54
51
52
52
57
56
54
59
58
56
61
58
59
59
58
58
56
61
60
58
63
60
62
62
(Continued on following page)
I
I
April
1964
133
.CUMULATIVE TABLE OF CONTENTS.
May 1963 through April 1964
-
(Continued)
Issue and page numbei
1963
May
United States savings bonds
Cumulative sales and redemptions by series
Sales and redemptions by periods, all series combined
Sales and redemptions by periods. Series E through K
Redemptions of matured and unmatured bonds
Sales and redemptions by denominations, Series E and H combined.
Sales by States, Series E and H combined
June
196i
July
Aug.
57
57
58
62
62
63
65
66
67
61
61
62
59
59
60
64
64
65
64
62
67
68
65
63
69
Sept.
Oct.
Nov.
Mar.
Jan,
Feb.
62
64
63
63
64
66
63
63
64
66
67
68
60
60
61
63
65
67
69
64
69
65
70
66
67
68
69
70
64
65
67
69
71
66
:
Ownership of Federal securities:
Distribution by classes of investors and types of issues
Net market purchases or sales for investment accounts handled by
the Treasury
Estimated ownership
Treasury survey of ownership of Federal securities
Ownership by banks, insurance companies, and others
Ownership by commercial banks classified by membership in Federal
Reserve System (latest date December 31, 1963)
59
59
59
59
60
62
63
60
62
60
6-1
63
61
68
6i
65
63
6i
61
62
68
69
65
66
63
64
66
65
63
70
67
65
61
61
:
Market quotations:
End-of-month closing quotations on Treasury securities by issues.
Chart - Yields of Treasury securities
69
71
67
69
78
72
Average yields of long-term bonds:
Average yields of Treasury and corporate bonds by periods.
Chart - Average yields of Treasury and corporate bonds....
73
7i
72
73
70
75
76
76
77
74
75
75
76
77
72
73
73
74
75
Monetary statistics:
Money in circulation
Monetary stocks of gold and silver
Gold assets and liabilities of the Treasury
Components of silver monetary stock
Seigniorage
Increment from reduction in weight of gold dollar (latest date
March 31, 196i)
75
74
70
78
71
71
73
69
71
75
71
73
73
75
79
77
81
82
74
72
73
73
79
74
75
76
77
82
75
83
84
84
85
76
77
77
78
79
74
75
75
76
77
80
81
81
76
77
77
78
79
78
79
84
82
83
85
85
86
87
74
75
76
77
77
73
79
82
83
83
78
79
79
76
77
77
National bank reports:
Earnings, expenses, and dividends for calendar years 1958-62.
83
71
73
81
75
Exchange Stabilization Fund (latest date December 31, 1963):
Balance sheet
U. S. stabilization agreements
Income and expense
79
80
81
81
78
International financial statistics:
U. S. gold stock, and holdings of convertible foreign currencies
by U. S. monetary authorities
U. S. Treasury nonmarketable notes and bonds issued to official
institutions of foreign countries
U. S
monetary gold transactions ( net)
79
79
78
87
84
84
79
79
78
87
84
84
80
83
87
81
89
83
87
84
92
93
92
100
101
102
.
Capital movements between the United States and foreign co'jntries
Summary by periods beginning 1 9^6
Summary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-term banking claims on foreigners, latest month
Long-term banking liabilities to and claims on foreingers
Purchases and sales of long-term securities by foreigners,
latest month
Short-term liabilities and claims reported by nonfinancial concerns.
Long-term liabilities and claims reported by banks and bankers
Estimated gold reserves and dollar holdings of foreign countries
and international institutions
Foreign credit and debit balances in brokerage accounts
Short-term liabilities, countries and areas not regularly reported..
Purchases and sales of long-term securities by foreigners during
calendar year 1963
:
94
89
89
90
and certain other business-type activities:
of financial condition (latest date December 31, 1963)..
expense (latest date June 30, 1963)
application of funds (latest date June 30, 1963)
103
104
82
85
93
94
95
93
94
95
96
96
86
89
97
98
99
100
101
82
85
86
93
94
95
97
96
100
89
98
99
90
93
102
103
104
83
86
95
105
106
93
96
97
90
99
100
101
97
97
98
91
106
Foreign currencies acquired by the U. S. without purchase with
dollars :
Transactions and balances in Treasury accounts
Transactions and balances in agency accounts
Corporations
Statements
Income and
Source and
95
82
85
102
102
108
108
93
109
104
99
120
'I
Treas.
U.S. Treasury Dept.
HJ
10
.A2
Treasury Bulletin
1964
Treas.
HJ
10
_A2
1964
U .S. Treasury Dept,
Treasury Bulletin
TITLE
C.2
Jan
.
-
BORROWEirs lUHE
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^
June
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