Full text of Treasury Bulletin : April 1965
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LIBRARY
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AUG
TREASURY
5n?5
9 19B6
DFPflRTH'^ENT
if
LIBRARY
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2 3 1972
TREASURY DEPARTMENT
Treasury Department
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TREASURY DEPARTMENT
U.S.
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C.
20226
OFFICIAL BUSINESS
BUY
AND
HOLD
APRIL 1965
jimiiinnniiiinfiiinnn''^''
«'
~
UNITED STATES TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
The Treasury Bulletin is for sale by the
Superintendent of Documents,
D. S. Government Printing Office, Washington D,C. 20402
Subscription per year $8,50 domestic, $11.00 foreign
Single copy price varies
April
1965
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Administrative budget receipts and expenditures.
Trust and other transactions
10
Consolidated cash transactions
I5
Account of the Treasurer of the United States...
Debt outstanding
18
Statutory debt limitation
26
Public debt operations
27
United States savings bonds
57
Ownership of Federal securities
61
Treasury survey of ownership of Federal
securities
^o
2
21
Market quotations on Treasury securities
Average yields of long-term bonds
70
Monetary statistics
72
Exchange Stabilization Fund
75
International financial statistics
77
Capital movements
§1
67
Foreign currencies acquired by the United
States without purchase with dollars
Corporations and certain other business-type
activities-statements of financial condition.
Cumulative table of contents
103
.
.
I05
I39
Treasury Bulletin
II
Reporting Bases
debt which appear
itures and Balances of the United States Government" and
In the "Treasury Bulletin" are based largely on two Treasury
for actual receipts and expenditures in the "Budget of the
Data on receipts, expenditures,
ai\d
flnpnolal reports, the "Dally Statement of t^e United States
United States Government."
Treasury" and the "Monthly Statement of Receipts and Expenditures of the United States Government." Certain nione-
year i960, the monthly statement reports totals for net
tary statistics are based at least In part on the "Circula-
budget receipts and budget expenditures after deduction"
tion Statement of United States Money."
Where these state-
ments are given as sources for Individual tables, they are
Their respective reporting bases are
For other data In the Bulletin, Informa-
Beginning with the final statement for the fiscal
of certain Interfund transactions which are included in
the detail of both budget receipts and budget expenditures.
cited by name only.
The transactions deducted consist of interest payments and
described below.
tion on sources or reporting bases Is given In connection
minor amounts of certain other payments made by Government
with the tables themselves.
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
Mess€ige of January 13,
1960.
It does not affect the surplus"
was first published for February 195'-S and replaced the
dally statement as the primary source of Information on
ury Bulletin were revised to the new reporting basis in the
budget results and other receipt and expenditure data
classified by type of account.
At the same time, the
under this procedure do not include payments to the Treas-
dally statement was changed to a statement of cash deposits
and withdrawals affecting the account of the Treasurer of
the United States.
Both publications have provided compar-
ative figures on their respective bases from the beginning
of the fiscal year 1953.
1954.
The announcement of February 17,
with respect to these reporting changes may be found
in the April 195'+ 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 comneroial banks. These reoorts 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.
RecelDts of taxes and customs duties are reported on a
collections basis.
Figures for earlier periods shown in the Treas-
September 196O Issue.
The Interfund transactions deducted
ury by wholly owned Government corporations for retirement
of their capital stock and for disposition of earnings.
These capital transfers have been excluded currently from
budget receipts and budget expenditures beginning July 1,
and figures for prior fiscal years back through 1932
194s,
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,
or deficit.
Other receipts are reported partially
for February 17, 195'+.
In 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
shown,
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 classifications 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 intragovernrnental
transactions are excluded. The public debt figures in the
dally statement also are on a "clearance" basis, with the
exception of those Issuance and retirement transactions
reported on the basis of telegrams from Federal Reserve
Noncash debt transactions are Included, however.
on a collections basis and partially on a deposits basis.
Banks.
Expenditures, except interest on the public debt,
ported on the basis of checks IssueC or cash payments made
The daily statement before February I7, 195'+, covered
not only transactions cleared through the Treasurer's ac-
by disbursing officers.
Transactions of an interfund or
count but also certain Government agency transactions which
intragovernrnental nature are included on the same basis
were handled through commercial bank accounts, and Included
noncash Interfund and other intragovernmental transactions.
It provided information similar to that in the present dally
are re-
even though the actual Issuance of checks may not be in-
volved.
Interest on the public debt is Included on an
accrual basis beginning with figures for June 1955 and
the fiscal year 1955Prior to that. It was included on
a due and payable basis.
The same reportins; basis as that
in the monthly statement provides the fiscal year figures
amount outstanding.
for the Treasury's "Combined Statement of Receipts, li^xpend-
classified by type of account, and the budget results shown
statement with respect to the status of the Treasurer's account, and similar to that in the present end-of-month daily
statement with respect to debt Issuance, retirement,
and
Receipts and expenditures, nowever, were-
,
'
April
1965
III
Reporting Bases
In the dally statement were used a8 the basis for reflecting
the results under the President
a
budget program as enacted
(Continued)
dled through commercial bank accounts, consisting of market
transactions In public debt and guaranteed securities, were
as reported by the agencies.
by the Congress.
Receipts were on the basis of deposits as they cleared
the Treasurer's account.
-
Expenditures cleared through the
Treasurer's account were reported on two successive
bases. Through 19'*^6 they were on the basis of checks paid
by the Treasurer of the United States. Beginning with 13^J
expenditures made through the facilities of the Treasury
Department's Division of Disbursement were on the basis
of checks Issued, while certain others, principally those
of the Department of Defense and Its predecessor organlza-
Interest on the public debt
was Included on a due and payable basis beginning with
November 19^^ and on a checks-paid basis prior to that time.
The circulation statement reflects transactions through
the Treasurer's account which affect monetary stocks of gold
and silver and the amounts of coin and currency In the money
supply of the country.
statement,
It Is Issued later than the dally
however, and the figures are based on transac-
tions consummated during the reporting period even though
some may not have cleared the Treasurer's account during
I
j
tlone, were on the basis of checks paid.
Note:
Ifliere
Transactions han-
that period.
calculations have been made from unrounded figures, the details
mj,y
not check to the totals shown.
April
1965
A-l
Treasury Financing Operations
One-Year Bills
On March 18, 1965, the Treasury invited tenders for the
The March bills consisted of four 13-week issues of $1.2 bil-
auction on March 25 of $1 billion, or thereabouts, of 365-day
lion each and four 26-week issues of $1.0 billion each.
Treasury bills, for cash and in exchange for Treasury bills
the new bills carry 91-day and 182-day maturities, respec-
maturing March 31, 1965.
tively.
Of the total $2,2^1 million tenders received, $1,000 million,
including
$5/+
Average rates of discount for the new issues are shown
in the table following.
million of noncompetitive tenders, was
accepted at the average bank discount rate of 3.987 percent.
Noncompetitive tenders for $200,000 or less (without stated
price) from any one bidder were accepted in full at the average
price of accepted competitive bids.
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
could submit tenders only for their own account.
Tendei's were
received without deposit from incorporated banks and trust
companies and from responsible and recognized dealers in in-
vestment securities.
Tenders from others had to be accompanied
by payment of 2 percent of the face amount of the bills applied
for, unless the tenders were accompanied by an express guaranty
of payment by an incorporated bank or trust company.
Payment for accepted tenders was required to be made or
completed on March 31, 1965, in cash or other immediately
available funds or in a like face amount of bills maturing
I
March 31, 1965.
Payment by credit in Treasury tax and loan
accounts was not permitted.
'I
The new one-year bills are dated March 31, 1965, and
mature March 31, 1966, when the face amount will be payable
without interest.
!
Issued in bearer form only, the bills are in
denominations 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 cf regular weekly Treasury bills totaled $8.8
billion, refunding $8.6 billion of bills maturing and providing
$0.2 billion of new cash.
During this fiscal year the Treasury
has raised about $1.5 billion of new money by increasing the
amount of certain weekly bill issues over the amount maturing.
All of
13-week
(Additional amount of bills of
original maturity of 26 weeks)
s
.,
iApriJ
1965
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In millions of dollars)
Administrative budget
receipts and expenditures
Psrlod
Net
receipts
Expenditures
Net of
trust
and other
Surplus,
transor
actions
deficit
1/
Net
increase
Clearing
account,
public
etc.
debt, or
2/
decrease
(-)
Fiscal years
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1962
1963
1964
,422
,480
237
671
,420
,209
850
,562
,550
,915
,763
659
,409
,376
39,459
39,544
43,970
65,303
74,120
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
37,787
92,642
97,634
-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
-8,226
1965 (Est.)..
1966 (Est.)..
91,200
94,400
97,481
99,687
-6,281
-5,287
Calendar years:
1950
1951
1952
1953
195i
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
,235
,877
,705
,654
,938
,119
,616
,749
,262
,738
,518
157
,709
516
,696
37,657
56,236
70,547
72,811
64,622
65,891
66,838
71,157
75,349
79,778
77,565
34,463
91,907
94,188
96,945
-422
-3,358
-5,842
-9,157
-3,683
-2,771
3,779
-7,088
-7,040
1,953
-6,306
-7,199
-6,672
-8,243
3,547
7,290
10,095
3,400
7,131
8,803
7,863
3,305
7,815
8,776
7,784
3,289
5,853
3,047
10,148
6,609
6,136
12,401
July.
Aug..
Sept.
Oct..
Nov,
Dee..
1965-Jan.
Feb..
!j61
l|
I
'
(-)
increase in
Treasurer' s
account
balance, or
decrease (-)
Debt outstanding
Treasurer'
account
balance
Public
debt
Guaranteed
securities
Total
Federal
securities
Subject to
limitation
2/
:
-60
,1
in
Levels, end of period
Net
592
99
679
147
435
328
231
483
-214
-401
-250
-303
284
522
-523
551
741
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
5,853
390
-836
-861
4,691
5,693
-2,036
87
-423
2,711
7,973
7,777
3,532
2,019
-4,141
-1,730
8,025
7,875
-581
5,952
7,301
5,877
8,594
-447
62
1,770
-194
195
633
-329
-50
-602
436
97
456
311
315
-41
101
739
-259
267
1,092
-691
530
-6
-145
507
448
196
-106
-319
-209
-34
376
-21
224
274,374
272,751
270,527
276,343
234,706
286,331
288,971
293,201
305,860
311,713
444
607
813
9,000
9,000
316,404
322,096
496
404
316,900
322, 500
316,545
322,151
4,232
4,295
6,064
4,577
256,708
259,419
267,391
275,168
278,750
280,769
276,628
274,893
282,922
290,793
290,217
296,169
303,470
309,347
317,940
24
42
103
104
109
127
156
330
518
742
809
256,731
259,461
267,445
275,244
278,784
280,822
276,731
275,002
283,031
290,925
290,373
296,499
303,938
310,089
318,750
256,026
258,794
266,821
274,671
278,256
280,348
276,276
274, 564
282,607
290,513
239,971
296,061
303,616
309,724
318,464
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
-1,488
603
-635
-117
5,130
257,357
255,222
259,105
266,071
271 260
,
20
29
46
52
81
44
74
107
101
111
140
240
54
76
34
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
312,526
256,652
254, 567
253, 507
265,522
270,790
273,915
272,361
270,188
276,013
234,398
286,065
233,862
298,212
306,099
312,164
-80
-1,025
1,700
100
-193
1,773
1,132
-5,118
-152
2,938
-5,273
6,998
6,846
9,783
4,510
760
2,105
5,270
7,375
304,835
306,535
306,635
306,442
308,215
309,347
-770
1,730
-767
-1,989
3,931
181
-3,111
2,531
1,361
-2,571
2,215
2,735
4,264
6,795
8,656
6,085
8,300
11,036
303,577
310,357
309,590
307,601
311,532
311,713
762
793
818
802
805
813
309,339
311,150
310,408
308,402
312,337
312,526
308,975
310,786
310,045
308,040
311,975
312,164
-530
2,906
1,520
-4,386
-546
-4,498
2,412
-809
311,183
314,089
315,610
315,635
318,486
317,940
321
348
336
821
834
809
312,004
314,938
316,496
316,456
319,320
318,750
311,643
26
2,851
6,150
6,789
10,189
5,691
8,104
7,295
316,135
316,096
319,034
313,464
279
42
1,900
-2,186
-1,550
2,197
1,289
5,745
7,942
9,231
317,983
319,883
317,697
664
693
719
318,646
320,575
318,416
318,361
320,290
318,131
-1,235
5,984
-1,805
9,231
317,697
719
318,416
318,131
109
729
168
151
-4,316
-1,015
2,279
-5,377
-652
514
192
-7
155
93
135
76
-830
402
204
-495
383
8,492
7,521
7,371
7,930
7,511
9,527
-2,639
526
2,277
-1,322
-1,375
2,874
-130
-41
607
-436
-6^U
3,487
6,653
10,072
3,398
7,037
8,856
7,410
3,083
8,450
8,329
7,051
8,770
-3,923
-1,430
1,622
-4,930
-15
-40
66
-130
366
171
86
-183
5,642
7,513
11,188
7,676
7,146
8,139
-2,033
372
3,049
64
193
146
-7,202
643
-698
234
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
11,036
4,545
4,427
4,606
4,961
5,583
6,411
6,494
7,509
7,375
7,295
-237
154
204
183
493
-576
23
2,047
1,839
-388
-2,299
2,096
-551
331
-956
4,159
-4,399
2,654
-1,311
3,736
1,636
-1,080
179
355
622
828
33
1,015
-134
53
lHTnth£:
'
1963-July
Aug
Sept
Oct
N.iv
Dec
^-Jan
Feb
Mar
Apr
May
June
Mar.
,
581
31
428
-357
392
133
95
355
-393
-903
387
41
-595
-161
377
-268
640
3,400
3U, 577
I
|1965 to date.
63,851
71,053
Source:
1/
£'
Actual figures through the fiscal year 1952 and the calendar
year 1953 are from the daily Treas>iry statement, and thereafter from
the monthly statement of receipts and expenditures of the Government
(for explanation of reporting bases, see page II); estimates, including
effect of proposed legislation, are from the 1966 Budget document
released January 25, 1965. More details for data on this page are
shown in succeeding tables,
Excess of receipts, or expenditures (-). For detail, see pages 10-14.
For checks outstanding and telegraphic reports from Federal
Reserve
Banks; public debt interest accrued and unpaid beginning
with June and
the fiscal year 1955 (previously included from November
1949 as interest
checks and coupons outstanding); also deposits in transit and changes in
cash held outside the Treasury and in certain other accounts
beginning
2/
with the fiscal year 1954.
Net increase, or decrease (-).
For current month detail and list of acts, see section -^n "Statutory
Debt Limitation" in each issue of the Bulletin.
The limitati-ins 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; $273 billion on July 1, 1956; $275 billion
on July 1, 1957; $230 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; $298 billion on July 1, 1961;
$300 billion on March 13, 1962; $308 billion on July 1, 1962; $305 billion on April 1, 1963; $307 billion on May 29, 1963; $309 billion on
July 1, 1963; $315 billion on December 1, 1963; and $324 billion on
June 29, 1964.
..
.
.
Treasury Bulletim
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
(In millions of dollars)
Internal revenue
Employment taxes
Income taxes
Fiscal year
or month
Individual
Corporation
Not
withheld
1/
Withheld
1/
For old-age
Total and
income disability
taxes insurance
For railroad retirement
For unemployment
insurance
330
336
324
341
7,581
8,644
8,854
11,159
1,378
1,411
1,353
1,626
345
1,916
2,035
2,187
2,416
12,064
12,752
13,410
13,950
94,401
99,4A1
105,925
112,260
1,008
1,171
1,241
1,284
4,082
3,206
4,436
4,077
14,592
13,956
112,206
117,824
1,U7
1,532
4,489
4,731
166
1,234
1,284
1,203
4,272
9,227
11,392
120
112
122
739
323
252
205
168
192
1,176
1,244
1,257
3,855
8,419
9,580
126
124
125
294
429
320
5,921
10,885
13,963
76
10 S
155
332
338
398
5U
1,066
3,425
12,302
11,528
11,733
13,271
26,728
27,041
29,001
31,675
60,560
59,102
58,826
67,125
6,634
7,733
8,004
10,211
616
1961
1962
1963
1964
21 765
21,296
22,336
24,301
13,175
14,403
14,269
15,331
32,978
36,246
38,719
39,259
67,918
71,945
75,324
78,891
11,586
11,686
13,484
15,558
571
564
572
594
458
948
851
12,502
12,708
15,004
17,003
1965 (Est.
1966 (Est.
26,400
28,400
15,300
14,900
36,200
38,400
77,900
81,700
15,637
17,661 2/
639
711
613
571
16,839
18,943
2,825
3,225
196A-July.
Aug..
Sept.
646
419
3,950
377
159 8/
2,255
1,172
4,809 S/
2,669
2,195
5,386
8,874
606
2,250 8/
1,090
16
86
2
2
624
2,338
219
219
57
1
1,U8
Oct..
Nov,
572
449
3,953
264
112 8/
430
1,158
4,956 8/
2,969
1,995
5,516
7,351
466
1,408 S/
11
82
1
479
1,491
779
,
Dec.
1965-Jan.
Feb..
607
473
2,506
872
928 3/
6,759
Mar.
Fiscal year
1965 to date. 17,827
Less:
Fiscal year
or month
55
1
1,181
4,294
5,302
6,647
3,207 8/ 10,894
94
399
If?
91
1,395 8/
57
503
7
2,810
1,459
213
308
1,045
1,214
1,303
53,153
10,445
468
613
11,527
1,874
10,960
Less:
Refunds of receipts S/
Total
Customs
reTiinds
lov
Trustio/
accounts
2/
33
101 8/
11
82
1
213
336
280
3,408
7,045
8,875
10
9
5,719
7,558
11,190
64,575
2
3
1,582
93
2,078
1,292 8/
26
3,349
9,556
698
3
1,/
1
3,964
6,737
10,078
477
57
325
380
324
107
653
85
3
3
3
Actual figures are from the monthly statement of receipts and
expenditures of the Government for explanation of reporting bases,
see page II); estimates, including effect of proposed legislation,
are from the 1966 Budget document released January 25, 1965.
The distribution of receipts between individual income taxes and oldage and disability insurance taxes is made in accordance with provisions of Sec. 201 of Social Security Act, as amended (42 U.S.C. 401),
for transfer to the Federal Old-Age and Survivors Insurance Trust
Fund (see footnote 11), and also for transfer to the Federal Disability
Insurance Trust Fund (see footnote 12).
Taxes on en5)loyers and employees under the Federal Insurance Contributions Act, as amended (26 U.S.C. 3101-3125), and tax on seif(
1
1
433
1,307 8/
673
87
96
86
Source:
16
86
176
100
90
Oct...
Nov.
Dec...
3
316
42
150 8/
75
564
2,101 8/
1,015
3
3,005
833
600
219
207
216
1
Fiscal year
1965 to date.
92,033
95,000
2
213
203
212
1,578
3,639
3,959
1,067
1,299
1964- July.
Aug.
Sept..
Mar
609
567
14,370
16,155 7/
325
331
Feb...
639
711
5,785
6,396
5,424
6,032
w
654
633
32
32
1965 (Est.)
1966 (Est.)
fund
transactions
78,313
82,042
86,890
90,122
32
25
29
35
Less:
Inter-
2,798
2,949
3,279
3,519
571
564
572
593
224
278
269
297
Budget
receipts
net of refunds and
transfers
to trust
accounts
343
453
945
847
953
945
994
1,057
5,725
5,957
6,267
6,817
Highway
Trust
Fund
10/ U/
467
10,537
10,600
12,351
14,335
1961
1962
1963
1964
Unemployment
Trust
Fund
14/
800
71,029
69,117
68,270
78,457
5,976
6,266
6,571
7,148
4,598
77,
754
1,479
2,026
2,074
2,539
5,114
5,238
3,976
18
23
18
192
33
Railroad
Retirement
Account
12/
616
575
525
607
20
-87
617
Federal
Disability
Insurance
Trust Fund
10/ 12/
333
863
837
929
58
165
180
193
1965-Jan...
Federal OldAge and Survivors Insurance Trust
Fund 10/ 11/
80,172 6/
79,978 Z/
79,798 6/
91,775
Transfers of tax receipts to
6,243
6,795
7,084
9,192
3,894
4,413
4,907
5,024
.
10,760
11,865
12
1957
1958
1959
1960
.
,
723
Internal revenue
applicable to
Budget
accounts
10,638
10 814
292
2,216
27,422
7,904
1
revenue
948
1,123
21,5?1
20,533
18,092
22,179
607
Miscellaneous
receipts
Total
internal
2,749
3,196
3,158
4,064
1957
1958
1959
I960
575
525
Excise
taxes
and
gift
taxes
V
1/2/
Estate
Total
employment
taxes
1
50
55
1
7
12
94
138
91
503
103 8/
57
7
296
308
286
468
609
2,749
567
355
694
513
664
84
6
19
77
40
2
724
employed individuals under the Self-Employment Contributions Act, as
amended (26 U.S.C. 1401-1403). The Social Security Act Amendments of
1956, approved August 1, 1956, increased the rates of tax applicable
to wages paid and taxable years beginning after December 31, 1956, t
provide for disability insurance.
2/ Taxes on carriers and their employees under the Railroad Retirement
Tax Act, as amended (26 U.S.C. 3201-3233).
4/ Tax on employers of 4 or more under the Federal Unemployment Tax Act,
as amended (26 U.S.C. 3301-3308).
Includes collections under increased rates in the Highway Revenue Act
of 1956 (see footnote 15).
Remaining footnotes on following page.
V
.,.
April 1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 2.- Detail of Miscellaneoue Receipts by Major Categories
In millions of dollars)
(
Fiscal year
or month
Total
Interest
Dividends
and other
earnings
628
745
438
674
601
967
506
1,111
4,082
3,206
4,436
4,077
942
877
765
955
1965 (Est.
.1966 (Est.
4,489
4,731
:|1964-July.
Dec.
1965-Jan.
Feb..
Mar.
F.Y. 1965
to date.
Sale of
Government
property
312
304
350
374
49
49
59
53
54
57
305
743
860
984
1,012
114
121
124
131
343
263
263
331
330
342
370
409
55
58
1,076
752
182
154
200
130
1,065
921
1,390
1,577
319
310
132
135
144
156
415
497
446
739
323
252
493
85
12
92
93
35
29
11
32
36
104
22
10
294
429
320
10
34
118
11
11
83
96
93
96
332
338
398
97
98
37
41
9
142
136
3,425
848
951
IS
371
-20
12/
Fees and
other
charges
for
services,
«
53
160
161
133
111
Fines,
penalties
and forfeitures
Other
1/
6
325
16
12
94
14
89
11
437
74
79
48
11
13
6
7
168
349
85
12
7
5
8
70
118
97
112
90
137
129
29
61
3
5
A
1
5
3
5
1
7
25
28
7
8
3
1
4
43
7
6
4
24
25
1
9
74
9
-7
9
5
363
45
69
154
15
8
51
12
33
30
10
30
12
6
-14
30
59
11
106
20
13
35
31
13
403
96
42
325
343
74
89
Includes small amounts for taxes not classified.
Includes $600 million for hospital insurance for the aged.
Income taxes not withheld, August
Includes adjustments as follows:
-tl million, November -$5 million, and March -$2 million; Income taxes
withheld, August -$73 million, November +$27 million, and March +$157
million; transfers to Federal Old-Age and Survivors Insurance Trust
Fund, August +$80 million, November -$24 million, and March -$150 million; and transfers to Federal Disability Insurance Trust Fund, August
See also
+$2 million, November +$2 million, and March -$4 million.
footnote 11.
Interest on refunds is included in expenditures in Table 3.
The principal amounts for refunds of employment 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 amounts of taxes 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 (i.2 U.S.C. 401 (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 Insurance Trust Fund was established by the Social
Security Act Amendments of 1956, approved August 1, 1956 (4.2 U.S.C, 4.01
(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
a-Qounts 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.
20
23
23
100
101
110
38
1/
28
86
93
62
101
31
36
28
41
3
11
2
Footnotes to Table
11/
Fees for
permits
and
licenses
337
345
325
392
79
^ctual figures through 1961 are from reports to the Treasury
Department by disbursing officers and administrative agencies, on the
monthly statement reporting basis (see page II); and from the monthly
statement of receipts and expenditures thereafter. Estimates, including effect of proposed legislation, are from the 1966 Budget
:2/
Seigniorage
etc.
Source:
20/
Sale of
products
90
93
96
1961
1962
1963
1964
Oct..
Nov.
Royalties
266
322
343
114
,1959
'I960
Aug..
Sept.
loans and
investments
Recoveries and
refunds
328
328
587
436
2,749
3,196
3,158
4,064
1957
;|1958
Real i zation upon
4
1
18
5
2
-24
10
5
1
9
11
7
1
9
83
83
33
15
54
6
document, released January 25, 1965.
Consists of miscellaneous taxes (principally the tonnage tax on foreign
vessels entering U. S, ports), bullion charges, gifts and contributions,
and undistributed proceeds, sale of foreign currency.
(Continued)
1
13/
14/
15/
12/
*
Amounts are appropriated to the Railroad Retirement Account equal to
the amount of taxes under the Railroad Retirement Tax Act deposited
in the Treasury, less refunds, during each fiscal year (65 Stat. 222
and 66 Stat. 371) and transfers are made currently.
The Enployment Security Act of I960, approved September 13, I960 (4-2
U.S.C. 1101), established in the Unemployment Trust Fund, an administration account, and appropriated for credit to that account, beginning with fiscal 1961, amounts equivalent to taxes collected and
The tax receipts
deposited under the Federal Unemployment Tax Act.
are transferred currently on the basis of estimates by the Secretary
From that
of the Treasury, with later adjustments as necessary.
account is 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 expenditures
The act approafter June 30, 1956, and before October 1, 1972.
priated to this fund amounts equivalent to specified percentages 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 transfers. Before
fiscal 1957 corresponding excise tax receipts were included in net
budget receipts and Federal-aid highway expenditures were included
in budget expenditures.
These transactions are included in the
For content, see Table 4.
detail of both budget receipts and expenditures but are deducted
from the totals (see Reporting Bases, p. II).
Less than $500,000.
Treasury Bulletin
ATMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
.
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
$Bil.
100
'59
57
^Billions
$Bil.
Corporation Income and Profits Taxes
72
Individual Income Tax and-
72
24
68
68
20
64
64
16
60
60
12
56
56
8
52
52
4
48
48
Employment Taxes
44
40
-i
36
iiiiiiiii
0-^
51
'53
'55
'57
I 1 1 i
'59
'61
.,.
.
April
,
1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures by Agencies
(In millions of dollars)
Defense Department
Legislative
Branch
Fiscal year
or month
Judiciary
of the
President
562 2/
645
382
5,419
539
1,808
2,053
3,968
4,119
5,929
6,669
7,735
7,897
498
4,432
4,369
6,858
6,357
764
1,068
979
689
91
2
196
330
247
2
253
5
2
326
870
546
87
49
7
4
291
744
1961
1962
1963
134
153
52
57
14.7
62
196i
152
65
1965 (Est.)...
1966 (Est.)...
179
193
75
87
26
196i-July
August. .
September
11
12
19
5
2
6
2
5
October.
November,
December.
13
7
12
9
F, Y,
5,006
4,875
7,091
70
44
47
February.
March
Commerce
Department
4,115
4,081
4,109
1,764
97
99
118
126
19 6 5- January,
Agriculture
Department
10
11
56
56
1957
1958
1959
I960
.
Funds
appropriated
to the
President
Executive
Office
39
49
29
23
23
29
y
Civil
Military
33,439
39,062
41,233
42,824
44,677
48,205
48,252
49,760
functions
639
733
807
Health,
Education,
and
Welfare
Department
Interior
Department
Justice
Department
214
229
250
253
179
206
272
247
831 4/
620
257
370
914
797
770
578
258
307
408
347
367
377
495
565
718
714
388
416
115
112
137
36
28
27
70
74
73
32
73
95
33
114
29
40
91
108
28
38
53
67
74
23
31
902
666
751
690
971
999
1,128
1,153
3,685
4,215
4,909
5,498
908
1,029
1,124
284
294
317
328
43,100
47,900
1,269
1,337
5,770
7,776
1,225
1,174
3,238
3,512
3,907
92
104
120
457
463
493
122
107
111
482
417
51
3,936
3,726
4,174
3,691
3,575
4,183
77
79
495
482
314
33,940
900
4,118
810
54
42
U
5
11
5
6
23
305
214
454
322
14
6
2
299
524
73
73
45
lU
53
17
2,488
6,196
564
801
509
418
518
674
774
525
572
2,295
2,645
3,092
3,403
594
676
686
Post
State
Office
DepartDepartment
ment 1/
Labor
Department
567
,016
549
'
59
45
42
34
33
78
29
82
35
85
26
-156
102
99
29
52
U
31
22
940
269
352
557
334
1965
to date.
Treas\iry Department
Atomic
Energy
Interest
Fiscal year
or month
On
public
debt
V
Other
On
1957
1958
1959
1960
7,2U
57
7,607
7,593
9,180
74
1961
1962
1963
1964
8,957
9,120
9,895
10,666
83
68
1965 (Est.)...
1966 (Est.)...
11,200
11,500
1964- July
August. .
September
957
913
927
9
October.
November,
December,
923
917
955
10
6
7
1965-January.
February.
March. .
966
933
961
.
F.Y, 1965
to date.
8,454
Com-
mission
refunds
of taxes
Federal General
Aviation Services
Agency
Administration
7/
&/
638
698
726
751
387
445
466
593
502
739
410
328
744
1,257
2,552
4,171
5,401
5,392
5,173
5,478
794
937
293
159
2,700
2,530
781
750
617
614
176
454
4,900
5,376
4,649
368
113
99
95
38
261
67
66
66
49
100
39
162
334
335
386
Ul
79
478
487
96
167
141
238
207
230
65
42
77
39
57
-135
-136
173
387
81
406
435
466
364
494
213
61
71
-22
407
191
219
56
59
42
63
14
38
2,011
597
473
233
359
508
987
985
1,059
1,193
2,713
2,806
2,758
2,765
75
82
1,277
1,280
6
7
95
117
100
102
60
Other
independent
agencies
145
401
Ul
74
Adm.
Less:
Veterans
Administration
408
1,990
2,268
2,541
2,623
76
National
Aeronautics
and Space
-23
199
1,152
309
748
765
2,178 12/
875
69
Housing
and
Home
Finance
Agency
935
228
225
570
425
63
46
Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
see page II); estimates, including effect of proposed legislation,
are from the 1966 Budget document released January 25, 1965.
Note:
Figures in this table are for agencies as constituted at the time
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 follows;
Beginning 1957, Alaska Road
Construction from "Interior Department" to "Commerce Department," and
Federal intermediate credit banks and production credit corporations
as indicated in footnote 11; beginning 1953, Federal Facilities Corporation (remaining functions) 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
Source:
1/
5,100
4,805
5,098
5,232
5,250
911
940
956
224
U/
District
of
Columbia
2/
Total by
agencies
interfund
transactions
10/
Total
budget
expenditures
69,433
71,936
80,697
77,233
467
567
355
694
68,966
71,369
80,342
76,539
57
32,169
38,419
93,155
98,348
654
633
513
664
81,515
87,787
92,642
97,684
76
103
100,287
26
25
31
28
50
72
66
93,31412/ 833
ly
600
7,887
8,167
8,456
477
-6
130
-337
65
10
1
8,339
7,060
3,789
U8
60
16
423
461
477
453
74
3,624
4,115
339
23
8
56
45
84
6
9
19
97,431 12/
99,687 12/
7,410
8,033
3,450
8,329
7,051
8,770
7,753
77
7,676
7,136
8,141
40
7,146
8,139
71,7''7
724
71,053
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 from December 1963,
through March 1964, military assistance from "Funds appropriated to
the President" to "Defense Department, military," beginning 1962,
subscriptions to international institutions from "Treasury Department"
to "Funds appropriated to the President," and from November 1964 through
February 1965, "Office of Economic Opportunity" from "Executive Office of
the President" 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.
Beginning 1957, Federal aid for highways is excluded from budget expenditures and included in trust account expenditures (see Table 1).
3/ Adjusted for reclassification.
Remaining footnotes on following page.
2/
..
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 4.- Interfund Transactions Excluded from Both Net Budget Receipts and Budget Expenditures
(In niillions of dollars)
Interest payments to the Treasury 1/
Fiscal
year or
month
Total
interest
1957
1958
1959
1960
467
456
567
355
557
342
694
682
1961
1962
1963
654
633
1964
Commodity
Credit
Corp.
ExportImport
Bank of
Washington 2/
Housing
and
Home
Finance
Agency
1/
340
421
181
465
24
31
41
47
45
46
410
43
664
640
620
499
648
330
186
199
57
51
34
1965 (Est.)
1966 (Est.)
833
600
816
582
431
310
14
1964- July
August
September,
477
84
477
84
429
.
6
6
.
.
.
.
13
9
19
9
19
77
73
40
40
19
2
2
1
513
October
November,
December.
1965-Januar7
February.
March
..
F.Y. 1965 to date.
724
11
Tennes-
Panama
Canal
Conqjany
Small
Business
Admin.
Veterans'
Administration
1
90
118
146
160
152
9
9
10
11
15
14
20
140
134
11
31
12
3
7
7
10
14
19
23
24
30
42
35
Coiq^any
3
4
4
7
8
8
6
154
16
18
22
38
37
26
126
15
26
35
31
15
12
1
Reimbursement by
Panama
Canal
2/
6
27
32
40
47
49
46
26
Other
y
ity
6
11
9
9
39
see
Valley
Author-
Under
Defense
Production
Act
Charges
for
audits
of
various
agencies
10
9
12
11
13
12
U
15
17
18
1
2
5
7U
1
3
11
69
455
»
21
ft
10
U5
31
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.
3/ Consists of payments by:
Office of the Administrator for college
housing, urban renewal, prefabricated housing loans for 1955, and public facility loans beginning 1957; Federal National Mortgage Association;
and Public Housing Administration.
Direct loan program.
By various agencies for programs under the Defense Production Act.
Consists of payments by the:
Colorado River Dam Fund, Boulder Canyon
36
13
16
10
project; Virgin Islands Corporation; Bureau of Federal Credit Unions;
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 I960; and St. Lawrence Seaway Development Corporation
beginning I960,
For net cost of Canal Zone Government, less tolls on Government
vessels, and for part of treaty payment for use of Canal Zone.
Less than $500,000.
^
V
Footnotes to Table 3,- (Continued)
4/
j/
6/
7/
8/
2/
10/
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 (42 U.S.C. 1101); see Table 1, footnote I4.
Reported on an accrual basis effective June 30, 1955.
Includes Reconstruction Finance Corporation except beginning July 1,
1954., certain functions transferred: Under Reorganization Plan No. 2
of 1954. (15 U.S.C. 609, note) to the Export-Import Bank, the Federal
National Mortgage Association, and the Small Business Administraion;
and under Executive Order 10539, as amended, (15 U.S.C. 603, note)
to the General Services Administration.
The corporation was abolished
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 (49 U.S.C.
1341 (a)), approved August 23, 1958.
Established pursuant to the National Aeronautics and Space Act of
1958 (42 U.S.C. 2472 (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
11 /
12/
1^/
from the totals (see Reporting Bases, p. II).
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- owner ship 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.
Includes $1,375 million paid to the International Monetary Fund for
the additional United States subscription, authorized by an act approved June 17, 1959, consisting of $344 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 Trasactions," Table 2 and "Debt
Outstanding," Table 1.
Totals include allowances in 1965 and 1966, respectively, of $3 million
and $107 million for Appalachia; and $100 million and $400 million for
contingencies.
*
Less i^han $500,000.
April
1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 5.- Summary of Appropriations and Authorizations, Expenditures and Balances, by Agencies,
as of February 28, 1965
(In millions of dollars; negative figures are deductions in the columns in which they appear)
Additions, fiscal year 1965 to date
Agency
Unexpended
balances
brought forward
July 1, 196i
Increase
Appropriations
^
1/g/
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Agriculture Department
Commerce Department
Defense Department:
Military
Civil
Undistributed foreign transactions
Health, Education, and Welfare Department
Interior Department
Justice Department
Labor Department
Post Office Department
State Department
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
Total
165
69
811
3,647
75
4
15,113
4,664
1,190
7,560
727
30,074
316
48,433
1,283
2,261
593
43
346
5,922
1,233
365
160
69
811
141
425
1,560
651
692
-7
599
599
566
5,250
5,435
1,163
91
89,064
100,711
300
cancellatiofis,
100
46
520
29,758
Undistributed foreign transactions
Total
*
3,803
4,380
840
241
301
513
313
861
167
600
551
217
Certain interfund transactions.
2/
y
V
V
Unused authorizations to
expend from
debt receipts
^
Unfunded
contract
authorizations
Investments
held
130
27
15
6,028
3,413
300
772
16,588
7,159
1,407
2,065
198
109
22
548
89,130
Total 2/
8/
48,749
788
4,380
1,005
122
8,720
3,496
1,002
399
10,911
10
138
1,147
29.803
6,013
2.291
-3 2/
167
600
551
217
4,367
2,392
831
872
14,378
5,289
3,024
13,410
130
3_
127.238
722
62,9U
Source:
Bureau of Accounts.
Details for the current fiscal year to date
are shown in Bureau of Accounts report "Budgetary Appropriations and
1/
25
1
72
102,359
4,367
2,392
831
872
1,160
5,289
2,487
1,342
130
9
173
63,636
Total budget expenditures
Undisbursed
appropriations
48,640
778
250
591
Unexpended balances February 28, 1965
tt
8,386
1,792
538
409
195
3,163
3,657
333
44
1,430
5,250
5,585
1,167
92
1,056
115
27
772
10,560
1,681
905
42
2,163
5,672
811
Health, Education, and Welfare Department
Interior Department
Justice Department
Labor Department
Post Office Department
State Department
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.
Adjustment to monthly statement of receipts and
expenditures of the Government
Deduct;
and other
adjustments 7/
564
150
Rescissions,
Civil
5,922
1,253
365
555
522
389
12,579
2,625
717
14
Deductions, fiscal year 1965 to date
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Agriculture Department
Commerce Department
Defense Department:
Military
741
48,433
1,283
12,579
2,625
724
13,316
3,203
1,096
12,649
107
Expenditures
3,647
8,167
15
14
592
555
522
389
541
Agency
Transfers 6/
Authorizations
Other authorito expend from
zations
debt receipts ^/
Other Authorizations, Expenditures and Unexpended Balances."
Includes same categories as shown under Unexpended balances at end of
current period.
Although not expended, a substantial portion of these amounts is obligated for payrolls, outstanding purchase orders and contracts for
equipment and supplies, and 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 corporate debt receipts),
Consists of new contract authorizations, established by law for the
b/
7/
8/
2/
current fiscal year, net of current appropriations to liquidate
either current or prior contract authorizations.
Consists of appropriation transfers between agencies.
Consists of transfers to, or restorations from (-), the surplus fundj
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
*
Less than $500,000.
Government.
Treasury Bulletin
8
— ADMINISTRATIVE BUDGET
RECEIPTS AND EXPENDITURES
—
Table 6.- Expenditures and Balances by Functions
(Fiscal yearsj in millions of dollars)
[
April
1965
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures and Balances by Functions
(Fiscal years; in millions of dollars)
-
(Continued)
,. ..
.
,.
.
.
.
Treasury Bulletin
10
.TRUST AND OTHER TRANSACTIONS,
Table !•- Summary of Trust and Other Transactions
(In millions of dollars)
Fiscal year
or month
\9',7....
1958
1959
1 960
Trust and deposit fund accounts
Net receipts or
expenditures (-},
from trust
and other transactions
Excess of
receipts, or
expenditures (-)
Net
receipts
1/
195
633
-329
-50
1,363
829
-2,751
-870
14,301
16,153
-602
436
97
1961
1962
790
-851
Net sale, or investment
(-), by Government
agencies in public debt
securities 2/
Net
expenditures
Net sale, or redemption
(-), of securities of
Government agencies in
the market
1/
16,769
20,342
12,938
15,325
19,521
21,212
-2,339
-597
1,130
-925
400
1,293
1,746
23,583
24,290
27,689
30,331
22,793
25,141
26,545
28,885
-855
-493
-2,069
-2,775
-537
1,780
1,022
1,880
29,045
32,898
-1,812
-46
822
1,171
551
1,143
1,446
1965 (Est.)
1966 (Est.)
-390
-456
1,469
718
30,515
33,616
1964 -July
August
September.
-40
66
-130
-1,181
l,570r
28r
1,532
4,171
1,994
2,713
2,602r
l,966r
1,205
-l,882r
-49r
-64
378
-108
-l,062r
737r
-599r
1,224
2,928
1,966
2,286r
2,191r
2,565r
l,360r
-691r
550r
67
125
-139
-l,191r
l,563r
110
1,016
3,746
2,175
2,207r
2,183r
2,064
l,537r
-l,353r
-292
-282
-16
327
-25
20,752
1963
1964
October. .
November.
December.
1965-Jarfuary.
.
366
..
171
.
.
February.
March
.
.
Fiscal year 1965
to date
-188
64
193
146
648
-1 ,994
20,777
oource: Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
see page II); estimatesi including effect of proposed legislation,
are from the 1966 Budget document released January 25, 1965.
1/ Certain interfund transactions are excluded from both receipts and
expenditures beginning with the July 1961 issue of the Bulletin.
For details see Table 6.
386
31
287
Includes guaranteed securities (see Table 4).
Note:
Figures in this table differ from those published prior to August
1963 for shifts in classification including secvirity 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, r Revised
2/
Table 2.- Trust Receipts
(in millions of dollars)
Fiscal year
or month
1957.
1958.
1959.
1960.
Federal
Id-Age and
Survivors
Insurance
Trust Fund
7,101
7,824
8,109
10,360
Federal
Railroad
Disability
RetireInsurance
ment
Trust
Account
Fund
National
UnemService
ployment
Life InTrust
surance
Fund
Fund
Government
Life
Insurance
Fund
Federal
employees'
retirement
funds
Highway
Trust
Fund
Other
trust
receipts
V
Total
trust and
other
receipts
Less:
Interfund
transactions
2/
2/
339
943
929
1,062
723
695
758
1,403
1,912
1,855
1,997
2,703
608
640
634
643
69
67
63
1,397
1,458
61
58
54
Net
trust and
other
receipts
1,482
681
14,311
10
638
1,766
2,541
585
711
16,164
16,904
21,250
11
1,741
2,044
2,088
2,800
2,955
3,293
3,540
778
890
1,546
1,402
24,097
24,818
28,193
30,852
515
528
505
521
23,583
24,290
27,689
30,331
579
599
33,6165/
135
908
14,301
16,153
16,769
20,342
1961.
1962.
1963.
1964.
11,824
12,011
1,083
1,092
1,145
1,211
1,051
1,081
3,803 4/
3,985
13,856
16,043
1,128
1,192
4,261
668
664
658
4,288
661
52
50
2,033
2,086
2,255
2,465
1965 (Est.)....
1966 (Est.)
16,162
17,553
1,222
1,455
1,289
1,387
4,013
3,982
664
665
49
47
2,670
2,747
3,649
3,954
1,376
1,825
31,094
1964-July
August.
September
568
42
176
79
16
95
92
273
740
47
38
2
190
2,493
1,028
1
171
95
41
1
247
326
383
326
70
83
107
1,536
4,180
2,016
4
8
22
1,532
4,171
1,994
35
122
78
13
39
37
42
175
172
214
337
153
88
76
148
468
180
1,234
2,938
10
9
26
1,224
2,928
1,966
-1
12
11
. .
October. .
November.
December.
1965- January. ,
February.
March
Fiscal year 1965
to date
455
1,591
894
99
2,312
1,296
8
15
155
100
214
622
105
81
87
44
36
43
10,735
799
577
2,828
368
Source: See Table 1
1/ Includes principally District of Columbia receipts from taxes and
from Federal contributions, loans, and grants; funds appropriated to
the President - military advances under foreign assistance programs
and mutual security trust funds; certain Department of Agriculture
receipts; 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).
2/ For content see Table 6. These transactions are included in the detail
^
4/
5/
1
1
121
34,2135/
30,515
2
191
281
248
1,991
2
296
308
287
167
3
184
163
195
62
103
1,028
3,757
2,199
25
1,016
3,746
2,175
13
1,689
2,757
1,114
20,879
127
20,752
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 Unemployment Tax
Act are transferred currently to an administration account in the Unemployment Trust Fund pursuant to the Employment Security Act of 1960,
approved September 13, I960 (42 U.S.C. 1101 (b)); see "Administrative
Budget Receipts and Expenditures," Table 1, footnote 14.
Revised.
Includes $600 million for hospital insurance for the aged.
r
J
..,.
April
.
)
.
,
'
u
1965
.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
Fiscal year
or month
Federal Old-Age
and Survivors
Insurance Trust
Fund
Federal
Disability
Insurance
Trust Fund
5
33
29
29
5
436
400
137
-16
-110
8
4
120
118
119
308
296
429
191
17
119
34
36
5
6
119
125
269
216
252
2,391
453
57
1,071
3,228
100
165
112
193
101
251
93
280
116
122
116
104
11,537
Other
trust 2/
Deposit
funds
(net)
1965 (Est.)...
1966 (Est.)...
1,299
1,897
-47
30
1964- July
August. .
September
113
128
57
October.
November
December.
134
105
102
965-January
February,
March.
97
-176
.
641
103
95
1,103
-544
146
-567
-31
-61
205
Total
trust and
deposit fxinds
.
5U
562
582
585
Government-sponsored
Farm
Credit
Administration
^
Federal
home loan
banks
591
5
5
5
enterprises
(net) 4/
-73
317
-730
-104
6
178
-20
-12
-4
15
114
13
9
-2
-19
17
16
19
Less:
Interfund
transactions 6/
Net trust
and other
expenditures
46
-627
1,292
484
12,947
15,335
19,655
22,120
23,308
25,669
27,050
29,406
515
528
505
521
22,793
25,141
26,545
28,885
29,624
33,497
579
599
29,045
32,898 8/
23,546
24,577
26,365
27,549
396
374
483
468
-487
872
363
1,572
-148
-154
-183
-239
1,092
685
1,857
589
-250
150
-194
-212
145
398
460
66
924
102
176
946
-104
-115
-124
-134
-124
-628
854
29,479
33,099 8/
Total
trust
and
other
expenditures
3
Total
274
116
562
437
182
3«3
41
-42
42
Federal
Deposit
Insurance
Corporation
12,901
15,962
18,363
21 ,636
-161
11
12,938
15,325
135
908
21,212
10
19,521
2,713
1
3
13
-21
246
188
-247r
80
206
-9
165
2,422r
l,977r
6
11
2,717
2,6lOr
1,988r
22
2,602r
l,966r
-201r
-8r
-95r
2,329r
2,366r
2,244r
37
-117
-14
-66
-38
364
-5
-10
-3
-33
-165
346
2,296r
2,201r
2,591r
10
9
26
2,286r
2,191r
2,565r
-148r
-24r
-75
2,474r
2,284r
2,127
-10
-217
-151
-151
-29
-94
-4
-256
-90
-38
2,218r
2,194r
12
154
116
2,089
25
2,207r
2,183r
2,064
445
-77
-159
209
20,903
127
74
18r
-706
2,471
20,695
See Table 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),
See Table 2, footnote 4.
Includes principally District of Columbia operating expenditures; Funds
appropriated to the President - military advances under foreign assistance programs and mutual security trust funds; Indian tribal funds;
expenditures chargeable against increment on gold; and trust enterprise
The Railroad Dnemployment Insurance Administration Fund
funds (net)
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
Source:
2/
2/
-134
111
697
835
1,208
1,055
1/
28
7
441
1,282
1,275
1,230
-75
Fiscal year 1965
to date
405
426
235
217
210
711
.
117
118
118
96
100
93
216
.
6
110
110
112
565 2/
915 7/
672 7/
1
37
32
32
1,270
1,275
1,286
Trust and deposit
funds- (Continued
1962
1963
1964
42
439
1,290
1,308
1,320
1961
4,101
3,875
563
October.
November
December.
1957
1958
1959
I960
1,442
1,626
3,336
3,345
196i-July
August.
September
Fiscal year
or month
69
63
1,185
1,248
15,966
18,629
Fiscal year 1965
to date
-16
1,518
1,748
1965 (Est.)...
1966 (Est.)...
Other
operations
2,620
2,784
3,017
3,645
1,341
746
1,089
1,259
Financing
by Treasury
955
1,063
1,183
1,326
707
626
747
11,752
13,270
14,530
15,285
Federal National
Mortgage Association 1/
94
96
79
72
4,734 2/
3,906
3,815
3,707
1962
1963
1964
Highway
Trust
Fund
966
1.512
2,613
2,945
1,124
1,135
1,112
1,139
1961
Federal
employees
retirement
funds
699
792
896
515
1
181
361
561
Government
Life
Insurance
Fund
86
120
80
83
1,644
3,148
3,054
2,736
6,665
8,041
9,380
11,073
1965- January,
February.
March
National
Service Life
Insurance
Fund
682
730
778
1,136
1957
1958
1959
1960
.
Railroad
Retirement
Account
Unemployment
Trust
Fund
4/
6/
2/
8/
11
20,777
Previously shown as deposit f\mds (see Table 1, Note),
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.
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.
Total Includes $20 million for hospital insurance for the aged.
Revised.
..
'
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)
Trust accounts, etc.
Fiscal year
or month
1957,
1958
1959
I960
Total 1/
2,339
597
-1,130
925
Total
trust
accounts,
etc. 1/
Federal
Old-Age and
Survivors
Insiirance
Trust Fund
2,302
506
-1,232
760
220
-499
-1,290
-726
707
Federal
Disability
Insurance
Trust Fund
Railroad
Retirement
Account
Unemployment
Trust
Fiind
National
Service
Life
Insurance
Fund
Government
Life
Insurance
Fund
-16
-56
-17
-41
-21
871
404
4I8
-393
-428
-952
-44
-35
21
-78
-63
72
-U
-129
-139
U
1
456
69
573
-90
69
-25
-22
1,063
1,034
1,075
1,126
233
202
242
-69
670
617
106
225
-20
-15
1,212
1,109
-455
46
-87
659
-96
15
9
-3
-5
-3
75
53
128
-133
-90
10
-3
-4
-2
55
55
67
46
67
494
36
-33
-35
264
274
-1,255
-1,011
1962
1963
1964
1,782
2,412
-225
-1 ,089
-821
692
1965 (Est.)...
1966 (Est.)...
1,812
1,994
1,633
1,274
267
-1,096
-296
-338
101
964-July
August,
September
1,205
-1,258
l,837r
76r
-775
1,100
-5
-72
37
-87
l,882r
49r
-l,360r
691r
-550r
-l,066r
608r
-654r
-880
266
-253
-93
-29
-78
-86
-19
-12
-59
245
-l,537r
l,353r
-l,612r
l,294r
-1,245
776
-105
-92
-23
14
-227
379
-286
-141
-3
6
-15
-4
-5
-335
-310
445
-76
.44
1
.
October.
November
December.
1965-January.
February
March. .
.
Fiscal year 1965
to date
301
292
255
-386
-519
-928
Highway
Trust
Fund
89
95
76
62
325
729
552
855
493
2,069
2,775
1961
Federal
employees
retirement
funds
285
142
-5
2
7
-81
6
6
7
5
803
671
958
65
612
-51
-160
-141
-35
36
93
19
-461
Other
trust
accounts,
etc. 1/
127 2/
-24 2/
-3 2/
45
27
93
301
70
48
586 2/
45
-43r
l65r
122r
-45r
94r
115r
-15r
17
455
..
.,
.
lApril
1965
13
.TRUST AND OTHER TRANSACTIONS,
Table 5.- Sales and Redemptions of Government Agency Securities In Market (Net)
(In millions of dollars; negative figures are excess of sales)
Securities guaranteed by the United States
Fiscal 7ear
or month
Total 1/
Total
guaranteed
Federal
Farm
Mortgage
Corporation
1957
1958
1959
I960
-1,171
-400
-1,293
-1,746
-33
6
-10
-29
-33
6
-10
-28
1961
1962
1963
1964
537
-1,780
-1,022
-1,880
-100
-204
-162
-81
-204
-162
-206
-206
Home
Federal
Housing
Administration
Securities not guaranteed by the United States
Trust
enterprise
fund
Public enterprise funds
Owners'
Loan
Corporation
D.
Public enterprise funds
Total not
guaranteed
1/
C.
stadium
fund
-1,137 2/
-406
-1,283
-1,717
-19
46
-822
316
92
316
92
-270
-914
196i-July
August
September.
64
-378
108
-8
-27
-38
-8
-27
-38
73
-350
146
-67
-125
66
-13
66
-13
-133
-112
115
.
.
139
25
25
282
16
145
-29
145
-29
March
-327
-27
-27
137
45
-301
Fiscal year 1965
to date
-287
94
94
-381
.
1965- January. .
February.
.
.
Securities not guaranteed by the United States
Fiscal year
or month
Public enterprise
funds - (Cont.)
Tennessee
Valley
Authority
1957
1958
1959
1960
Trust enterprise funds
Federal
intermediate
credit
banks /^
-238
-225
58
1961
-50
-95
-52
-48
-29
-39
-750
-975
-1,431
-79
-52
-200
-35
-48
-178
October.
November.
December.
.
1965- January
February,
.
»
.
.
-10
-40
126
«
-136
-39
-62
-48
6
-122
-15
.
March
Fiscal year 1965
to date
2
100
.
-10
Federal
home
loan
banks
-994
-40
-75
-1
16
-53
-40
-226
Source:
See Table 1.
1/
See Table 1, Note.
2/ Management and liquidating functions.
Total includes Federal intermediate credit banks which were classified
3/
as public enterprise funds prior to January 1, 1957, as trust enterprise
797
(Continued)
-46
-20
-86
-46
1965 (Est.)
1966 (Est.)
1964-July
August
September.
Banks
for
cooperatives
-950
-115
-125
1963
1964
6
Government-sponsored enterprises
Federal
National
Mortgage
Association ^/
86
-359
597
262
1962
-
Home
Owners'
Loan
Corporation
-233
638
-1,576
-860
-1,674
1965 (Est.)
1966 (Est.)
October. .
November.
December.
Federal
National
Mortgage
Association 2/
Federal
intermediate
credit
banks ^/
Federal
land
banks
-554
-284
-340
-lU
-230
-95
-242
-250
200
-124
-132
-278
-182
-220
-192
-174
-248
-207
-228
-300
-181
153
-146
12
-80
-37
-130
8
1
38
-225
72
-68
178
1
1
62
191
282
404
248
10
215
-41
-63
-129
109
-325
-184
funds January 1, 1957, to January 1, 1959, and as Government-sponsored
enterprises thereafter.
See footnote 3.
^/ Secondary market operations.
»
Less than $500,000.
^
I
u
Treasury Bulletin
.TRUST AND OTHER TRANSACTIONS.
Table 6.- Interfund Transactions Excluded from Both
Net Trust Account Receipts and Net Trust Account Expenditures
April
1965
15
CONSOLIDATED CASH TRANSACTIONS
Consolidated cash transactions reported in the Treasury
both.
Noncash items representing the obligations of the
|Bulletin are on a basis consistent with Federal receipts from
Government to make payments in the future also are eliminated
payments to the public as derived in the Budget of the
from expenditures currently, but are added later when actual
land
^United States (in the Budget for 1966 in Special Analysis A).
payments are made.
Shovm also is the amount of net cash borrcving from, or repay-
accrued on the public debt and expenditures involving the
ment of borrowing to, the public.
Revisions of the figures for
These itans consist of certain interest
issuance of a few special public debt securities.
Checks
earlier years have been made where necessary to maJce them as
outstanding, deposits in transit, and other clearing accounts
nearly coi^jarable with current Budget classifications as avail-
are excluded from payments.
able 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 piablic and the
Federal Government as a whole, and therefore includes transactions not cleared through the account of the Treasurer of
Receipts from the exercise of
monetary authority are excluded as not representing cash
received from the public.
Federal cash borrowing from the
public includes net borrowing hy the Treasury through public
debt transactions and also net borrowing by Government agencies
and Government-sponsored enterprises through sales of their
own securities.
It excludes changes in the public debt which
do not represent direct cash borrowing from the public.
The
Receipts and payments include transactions
net effect of all these transactions with the public is re-
both in administrative budget accounts and in trust and deposit
flected in changes in the balance in the Treasurer's account
the United States.
fund accounts.
Major intragovemmental transactions which are
reported as both expenditures and receipts are excluded from
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
Administrative budget
receipts
(net)
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
Intragovernmental and
other
noncash
transactions
(See Table 2)
Trust
receipts
(net)
Total
Federal
receipts
from the
public
Administrative budget
expenditures
(net)
Intragovernmental and
other
noncash
transactions
(See Table 2)
Trust fund
expenditures (net)
Excess of
cash
receipts from,
or payments
to (-), the
public
Total
Federal
payments
to the
public
70,562
63,550
67,915
77,763
77,659
81,409
86,376
89, 459
U,301
16,153
16,769
20,342
23,583
24,290
27,689
30,331
-2,758
-2,811
-3,025
-3,027
-4,001
-3,834
-4,326
-4,259
82,105
81,892
81,660
95,078
97,242
101,865
109,739
115,530
68,966
71,369
80,342
76,539
81,515
87,787
92,642
97,684
12,938
15,325
19,521
21,212
22,793
25,141
1965 (Est.)...
1966 (Est.)
91,200
94,i00
30,515
30,616
-4,331
-4,526
117,384
123,490
97,481
99,687
196i-July
August.
September,
3,487
6,653
10,072
1,532
4,171
1,994
-274
-273
-327
4,745
10,552
11,739
7,410
8,033
8,450
2,713
2,602r
l,966r
95
611
-1,016
10,217
ll,296r
9,4DOr
-5,472
-744r
2,339r
October. .
November.
December.
3,398
7,037
8,856
1,224
2,928
1,966
-278
-249
-566
4,344
9,716
10,256
8,329
7,051
8,770
2,286r
2,191r
2,565r
-298
156
-453
10,317r
9,398r
10,882r
-5,973r
318r
-626r
1965-January. .
February.
March
5,642
7,518
11,188
1,016
3,746
2,175
-272
-37
-298
6,387
11,227
13,065
7,676
7,146
8,139
2,207r
2,183r
2,064
-774
277
-637
9,109r
9,606r
9,566
-2,722r
l,621r
,.
196-1
,
.
.
Fiscal year 1965 to date.
63,851
-2,574
20,752
Plus:
82,030
23,835
-1,899
-3,222
-5,111
-3,423
-4,766
-5,266
-5,436
-6,237
80,006
83,472
94,752
94,328
99,542
107,662
113,751
120,332
2,099
-1,580
-13,092
750
-2,300
-5,797
-4,012
-4,802
29,045
32,898
-5,134
-5,188
121,393
127,398
-4,009
-3,908
26, 545
20,777
71,053
Cash borrowing from the public, or repayment (-)
Change in securities held by the public
Fiscal year
or month
Fiscal year:
1957
1958
1959
1960
1961
1962
1963
1964
Public
debt increase, or
decrease (-)
-2,039
Net sales
of Govern-
ment agency
securities in
market 1/
Net investment
in securities by
Government
agencies 2/
Total
securities
held by
the public,
increase, or
Noncash
debt
transactions
(See Table 2)
decrease (-)
Total
cash
borrowing
from the
public,
or repayment (-)
Plus:
-2,339
-597
1,130
-925
-855
-493
-2,069
-2,775
-3,392
5,619
10,735
2,446
1,248
10,517
6,612
4,958
292
20t
-2,160
-597
-536
-923
-1,033
-1,099
-3,100
5,820
8,626
1,348
712
9,594
5,579
3,859
1965 (Est.)
1966 (Est.)
4,691
5,693
-46
822
-1,812
-1,994
2,833
4,520
-1,119
-724
1,714
3,796
112
1964- July
August
September.
-530
2,906
1,520
-64
378
-108
1,205
-l,882r
-49r
611
l,402r
l,363r
-33
-67
-82
572
l,335r
l,281r
26
67
125
l,360r
-69 Ir
550r
l,453r
2,285r
-135r
-16
-153
122
l,437r
2,132r
-13r
9
l,537r
-l,353r
-292
l,297r
531r
-2,151
-110
-60
l,137r
471 r
-2,103
6,657
-361
6,296
1965-January.
February
.
.
March
Fiscal year 1965 to date.
-139
42
1,900
-232
-16
-2,186
327
5,984
287
336
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 page II); estimates, including effect of proposed legislation are from the 1966 Budget document
released on January 25, 1965.
1/ See "Trust and Other Transactions", Table 5, for net sales and
2/
3/
43
Cash balances,
Equals:
net increase, or
decrease (-)
Cash held
outside
the
Treasury
1,171
400
1,293
1,746
-537
1,780
1,022
1,880
2,851
-546
-7,761
89,791
Seigniorage
2/
Treasurer'
account
-2,224
5,316
8,363
1,625
2,640
9,230
7,659
5,853
October. .
November.
Dscember.
3,499
Total
changes
in the
cash
balance
69
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
-222
118
-74
206
-952
4,299
-4,422
2,651
-1,533
3,854
1,611
-874
97
-2,036
-16-'
-2,197
3
-4,886
5
640
3,400
-10
-43
226
-4,896
597
3,626
49
59
44
53
55
58
45
7
5
140
-23
-4
-4,493
2,412
-809
-30
-4,528
46
178
2,459
-630
-1,550
2,197
1,289
25
13
-95
116
-1,525
2,101
1,405
74
-1,805
413
-1,392
7
9
10
11
redemptions of Government agency securities in market.
See "Trust and Other Transactions", Table 4, for net investments in
public debt and agency securities.
Includes increment resulting from reduction in the weight of the gold
dollar; excluded from receipts from the public but included in cash
deposits in the Treasurer' s account.
Revised.
1
.,.
April
1965
17
CONSOLIDATED CASH TRANSACTIONS
Table 2.- Intragovernmental and Other Noncash Transactions
(In millions of dollars)
Intragovernmental transactions excluded from both receipts and payments
Noncash
debt
transactions
relating
to receipts
Civil service retirement 1/
Fiscal year
or month
Interest
on trust
fund
investments
Payroll
deductions
En^jloyers'
for em-
share
ployees
Fiscal year:
1957
1958
1959
I960
1961
1962
1963
196i
1,318
1,3/12
1,315
1,327
l,i04
1,^23
1,467
1,603
641
660
525
579
7U
744
744
838
Federal
payments
to District
of Columbia
66
37
75
Other 2/
158
133
103
105
792
Seigniorage
1/
Total
receipts
adjustments
49
69
2,758
2,811
3,025
3,027
4,001
3,834
4,326
4,259
914
973
9H
74
102
88
973
83
559
2,709
2,751
2,980
2,975
3,945
3,776
4,281
4,190
1,035
1,034
111
149
318
342
4,234
4,414
97
112
4,331
4,526
3
744
638
845
845
54
561
898
V
59
44
53
55
58
45
1965 (Est.)...
1966 (Est.)...
1,735
1,855
1,035
1,034
196i-July
August.
September
6
54
11
89
79
24
79
94
94
-1
62
47
120
270
267
320
7
274
273
327
October.
November.
December.
41
84
49
81
2
20
335
93
84
81
93
13
57
4
33
271
240
557
7
9
9
278
249
566
1965-January,
February.
17
50
89
48
-178
11
95
95
19
4
4
262
27
285
10
76
89
76
13
272
37
298
581
780
780
77
282
2,500
74
2,574
.
March.
.
.
Fiscal year 1965 to date.
89
9
5
11
.,
m
Ireasury Ballet
18
ACCOUNT OF THE TREASURER OF THE UNITED STATES
,
Source and Availability of the Balance In the Treasurer's Account
On occasions, to the extent authorized by the
Treasury, banks are permitted to deposit In these accountsi
proceeds from subscriptions to public debt securities entered
the same bank.
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.
'
for their own account as well as for the account of their,
customers.
The working cash of the Treasury Is held mainly In
Treasurer's accounts with Federal Reserve Banks and branches.
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 thej
loan accounts with thousands of commercial banks throughout
arise until such time as the Treasury needs the funds for Its
operations. In this way the Treasury Is able to neutralize
kB
the balances In these accounts become depleted,
the country.
the effect of Its fluctuating operations on bank reserves:
and the economy.
Deposits to tax and loan accounts occur In the normal
r
course of business under a uniform procedure applicable to
all banks whereby customers of banks deposit with them tax
I
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,
pages 275-284.
money from a customer's account to the tax and loan account In
Table 1.- StatuEi of the Account of the^reaeurer of the United States
(In millions of dollars)
Assets
Treasury operating balance
End of
fiscal
year or
month
In Federal
Available
funds in
Federal
Reserve
Banks
Tax and loan
accounts in
special
depositaries
1957
1958
1959
I960
498
410
4,082
8,218
535
504
3,7U
6,458
489
401
101
106
1961
1962
1963
403
612
806
939
5,453
8,815
10,324
9,180
109
121
120
120
5,621
785
939
933
4,505
5,085
8,339
October.
November.
December.
687
974
121
139
820
4,155
6,182
5,377
1965-January.
February.
March
914
988
867
3,612
5,800
7,271
1964.
1963-December.
1964- July
August. . .
September,
.
.
Gold in
Treasury
fund
Total
operating
balance
Silver,
coin, and
currency
Unclassified
collections,
etc.
Reserve
Banks in
process of
collection
Total
In other
depositaries assets
Liabilities
1/
Balance ii
account ol
Treasurer
of U. S.
190
259
306
253
37
49
63
58
302
287
273
337
440
365
429
375
6,037
9,990
5,451
8,092
64
11,251
10,238
179
147
136
145
222
303
342
234
335
441
313
360
6,769
10,509
12,116
11,036
120
6,622
133
173
183
264
7,375
7,375
118
113
117
5,408
6,137
9,389
185
175
192
42
179
122
195
336
313
351
6,150
6,789
10,189
6,150
6,789
10,189
231
280
16
361
58
187
154
227
294
303
157
4,963
7,295
6,354
5,691
8,104
7,295
5,691
8,104
7,295
124
121
114
4,650
6,909
8,253
408
452
492
82
270
206
167
336
5,745
7,942
9,231
5,745
7,942
9,231
5,069
9,030
4,380
7,068
5,969
9,548
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 accounts 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
70
74 2/
58
41
62
71
57
54
2/
2/
295
319
266
4A7
240
100 2/
87
75
79
5,590
9,749
5,350 2/
8,005
6,694
10,430
12,116
11,036
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 January 1963, are net of uncollected items,
exchanges, etc. Previously these items were included under liabilities
..
April 1965
19
,
ACCOUNT OF THE TREASURER OF THE UNITED STATES
,
Table 2.- Analysis of Changes in Tax and Loan Account Balances
Credits
Fiscal year
or month
Savings
bonds
Retirement
plan
bonds 2/
Tax
anticipation
securities
During period
Taxes
Proceeds from sales of securities 1/
Other
Income (by
special
arrangement) 4^
Withheld
and
excise _2/
U8
Lew
813
Average
2,987
3,246
3,638
4,103
5,919
6,053
6,078
8,869
8,055
6,458
1,078
912
1,390
34,511
37,519
41 , 267
43,580
9,142
6,521
6,835
9,921
55,842
56,438
57,595
58,277
56,857
53,076
56,085
59,421
5,453
8,815
10,324
9,180
7,653
8,889
10,324
10,257
1,161
1,531
2,535
1,577
4,151
4,457
5,325
4,U9
1,748
6,892
4,792
5,621
5,970
2,428
4,082
1,546
4,875
3,911
63
1,844
5,094
8,134
6,519
4,514
4,880
4,505
5,085
8,339
9,155
5,899
8,519
3,732
4,411
2,742
6,165
5,109
5,529
2,250
5,421
5,894
6,434
3,394
6,699
4,155
6,182
5,377
7,707
6,329
6,076
3,320
3,339
2,221
4,789
4,639
4,438
2,433
5,307
6,915
4,198
3,119
3,612
5,800
7,271
5,514
5,822
7,960
1,844
3,447
3,111
4,478
6,568
13,513
13,164
7,920
26,709
27,881
29,190
33,059
4,152
7,903
1961
1962
1963
1964
2,787
2,725
2,699
2,760
7,613
5,898
2,963
1,788
3,774
3,830
2,014
475
1963-December.
221
196i-July
August.
September
235
219
20i
October.
November.
December.
210
198
217
740
735
1,196
4,488
3,816
1965- January
February.
March. .
.
274
865
.
219
238
1,259
5,088
4,640
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 securities
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.
Retirement plan bonds first offered for sale as of January 1, 1963,
Taxes eligible for credit consist of those deposited by taxpayers in
Withheld income tax beginning
the depositary banks, as follows:
4,019
105
1,860
35
2,038
Soiu-ce:
2/
High
4,082
8,218
3,744
6,458
5,043
2,922
7,581
7,784
1/
End of
period
46,000
50,908
62,994
54,782
2,976
2,82i
2,668
2,679
.
Withdrawals
55,044
58,520
57,496
1957
1958
1959
I960
,
Total
credits
4/
»
45,
5,4U
4,747
3,450
5,599
March 1948; taxes on employers and employees under the Federal Insurance 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 followed
to the tax and loan account in that bank.
during some of the quarterly periods of heavy tax payments,
Less than $500,000,
s
..
20
Treasury Bulletin
•ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table 3.- Sunmiary 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)
Cash
deposits
Fiscal year:
1957
1958
1959
I960
81 ,875
82 ,094
81 ,612
94 ,862
Cash withdrawals 1/
Excess of deposits,
or withdrawals (-)
Clearing
accounts
2/
Total net
transactions
77,279
85,015
93,736
93,817
4,596
-2,921
-12,124
-1,904
1,827
-306
2,692
-1,094
-12,430
1,0U
309
-877
-6,278
-4,023
-2,485
76
8,755
4,670
2,895
-1,311
3,736
1,686
-1,080
2oO
-740
144
-5,328
-531
2,032
442
1,171
1,368
-4,886
640
3,400
-5,934
-854
1,436
2,066
45
-4,498
2,412
-809
1,212
387
-2,201
-1,550
2,197
1,289
5,926
-1,805
4,858
11,951
11,614
10,445
11,742
9,727
-5,587
208
1,887
October.
November.
December.
4,579
10,816
9,936
10,513
10,934
9,557
-5,934
-118
1965-January. .
February.
March
6,570
12,689
13,494
9,702
11,095
9,987
-3,132
1,594
3,507
-17
-2,762
1,810
3,490
F.Y. 1965 to date.
86,507
93,702
-7,195
-536
-7,731
379
Source:
Actual figures are based on the daily Treasury statement.
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.
-956
4,159
-1,387
-5,01s
-2,984
-3,975
121 ,581
.
-3,648
-510
1,259
1,039
-1,491
1964
.
-)
-4, 399
lU:,454
1964- July
August. .
September.
(
'
1,353
97,774
112,188
118,477
124,066
105 .911
borrowing
Trea surer
account balance, increase, or decrease (-)
Equal s :
5,253
8,032
1,301
1961
1962
1963
96 ,897
Plus:
Net cash borrowing, or repayment of
464
-1,233
370
216
1/
2/
»
346
2,654
Beginning with the February 1963 Bulletin figures have been revised,
as shown in daily Treasury statements beginning January ?, 1963, to
exclude transactions of clearing accounts.
See footnote 1.
Previously included under cash withdrawals.
Less than $500,000.
..
.
April
.
1965
21
DEBT OUTSTANDING
Table 1.- Summary of Federal Securities
(
In ndllions 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/
1957
1953
1959
1960
270,634
284,817
286,471
270,527
276,343
284,706
286,331
1961
1962
1963
196i
289,211
298,645
306,466
312,526
288,971
298,201
305,860
311,713
276,4U
Guaranteed
securities
2/
Total
Public
debt
Guaranteed
securities
Special notes to Total
InterMatured national
Monetary
Fund
International
Development
Association
^
InterAmerican
Development Bank
Other
6/
444
274,798
281,944
283,380
268,486
274,698
281,833
283,241
106
101
110
139
2,042
1,646
2,373
3,090
2,042
1,646
2,873
3,090
529
597
476
445
1,063
618
1,979
2,238
285,911
294,336
302,559
308,169
285,672
294,442
301,954
307,357
240
444
605
812
3,300
3,759
3,907
4,357
3,299
3,759
3,906
349
444
607
813
438
4,356
310
295
2,496
2,667
2,922
3,289
115
129
142
55
125
150
396
484
420
430
107
101
111
140
240
263, 592
430
417
407
58
1963-Deceraber,
310,089
309,347
742
305,955
305,213
741
4,134
4,133
349
3,036
164
125
459
1964- July
August.
September
312,004
314,938
316,496
311,183
314,089
315,610
821
307,675
310,472
312,007
306,355
309,625
311,122
820
847
335
4,330
4,465
4,438
4,328
4,464
4,487
273
425
293
3,239
3,275
3,425
142
142
142
150
150
150
474
472
472
October.
November,
December.
316,456
319,320
318,750
315,635
313,486
317,940
821
834
312,037
314,356
314,362
311,217
314,023
313,553
820
833
4,419
4,464
4,388
4,418
4,463
4,387
263
316
337
3,394
3,335
3,308
142
200
179
150
150
150
469
412
413
196 5- January..
February.
318,646
320,575
318,416
317,983
319,883
317,697
664
693
719
314,336
316,235
314,049
313,677
315,545
313,332
659
690
717
4,311
4,340
4,367
4,306
4,337
4,364
262
294
272
3,303
3,303
3,373
179
179
159
150
150
150
412
411
411
.
March.
.
.
843
336
Daily Treasury statement.
Source;
Includes certain debt not subject to statutory limitation. For amounts
1/
subject to limitation, see page 1,
Includes debt incurred for advances to certain wholly owned Government
2/
agencies in exchange for which their securities were issued to the
Treasury ( see Table 6)
3/ Held outside the Treasury.
^
^
6/
Guaranteed
securities 2/
(matured)
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
Fund, the International Development Association, and the Inter- American
Development Bank in payment of part of the U. S. subscription to each.
For current month detail, see "Statutory Debt Limitation," Table 2.
Table 2.- Computed Interest Charge and Computed Interest Rate on Federal Securities
(Dollar amounts in millions)
Computed annual interest rate
Total interest-bearing securities
Amount
outstanding
End of
fiscal year
or month
Public debt
and guaranteed securities 1/
Public
debt
Computed annual
interest charge
Public debt
Public debt
and guaranteed securities 1/
Public
debt
Total
interestbearing
securities
Marketable issues
Total
public
debt
Total
2/
Bills
1/
Certificates
Treasury
bonds
Nonmarketable
issues
Special
issues
Guaranteed
securities
1/
V
1957
1958
1959
1960
268, 592
274,793
231,944
283,380
268,486
274,698
281,833
283,241
7,323
7,243
3,069
9,320
7,325
7,245
8,066
9,316
2.730
2.638
2.867
3.297
2.730
2.638
2.867
3.297
2.707
2.546
2.891
3.449
3.197
1.033
3.316
3.315
3.345
3.330
2.842
4.721
2.504
2.306
3.304
4.053
2.482
2.576
2.619
2.639
2.853
2.892
2.925
3.219
2.635
2.630
2.694
2.772
2.611
2.622
2.628
2.681
1961
1962
1963
1964
285,911
294,886
302,559
308,169
235,672
294,442
301,954
307,357
3,769
9,534
10,141
10,931
8,761
9,519
10,119
10,900
3.072
3.240
3.361
3.561
3.072
3.239
3.360
3.560
3.063
3.285
3.425
3.659
2.534
2.926
3.081
3.729
3.073
3.377
3.283
3.704
3.680
3.921
3.354
2.829
3.122
3.344
3.471
3.330
3.364
3.412
3.462
2.803
2.891
3.003
3.233
3.144
3.500
3.658
3.782
1963-December.
305,955
305,213
10,631
10,603
3.487
3.436
3.578
3.596
3.250
3.362
3.417
3.443
3.103
3.736
1964-July
August. .
September
307,675
310,472
312,007
306,855
309,625
311,122
10,928
11,027
11,088
10,897
10,995
11,055
3.566
3.566
3.568
3.565
3.565
3.567
3.666
3.662
3.663
3.718
3.720
3.722
3.333
3.823
3.321
535
535
536
3.466
3.468
3.472
3.228
3.253
3.258
730
733
789
October.
November.
December.
312,037
314,856
314,362
311,217
314,023
313,553
11,104
11,215
11,247
11,073
11,184
11,217
3.573
3.577
3.593
3.572
3.576
3.593
3.671
3.675
3.696
3.736
3.773
3.854
3.839
3.313
3.811
3.535
3.536
3.536
3.477
3.480
3.484
3.240
3.243
3.243
3.783
3.777
3.773
1965-January.
February.
March. .
314,336
316,235
314,049
313,677
315,545
313,332
11,348
11,437
11,435
11,324
11,462
11,408
3.626
3.649
3.657
3.626
3.649
3.657
3.738
3.769
3.782
3.900
3.957
4.013
3.815
3.826
3.825
3.607
3.629
3.629
3.488
3.489
3.492
3.261
3.279
3.680
3.697
3.232
3.715
.
Source:
On the basis of the daily Treasury statement.
Note:
The computed annual interest charge represents the amount of interest
that would be paid if each interest-bearing issue outstanding at the end
of each month or year should remain outstanding for a year at the
applicable annual rate of interest.
The charge is computed for each
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 aggregate charge for all interest-bearing issues constitutes the
total conqjuted annual interest charge.
The average annual interest
rate is computed by dividing the computed annual interest charge for
1/
2/
2/
V
the total, or for any group of issues, by the corresponding principal
amount.
Beginning with data for December 31, 1958, the computation is
based on the rate of effective yield for issues sold at premium or
Prior to that date it was based on the coupon rate for all
discount.
issues,
Guaranteed securities included are those held outside the Treasury.
Total includes "Other bonds" through 1960; see Table 3.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
On United States savings bonds the rate to maturity is applied against
the amount outstanding.
,
Treasury Bulletin
22
DEBT OUTSTANDING
Table 3.- Interest -Bearing Public Debt
In millions of dollars)
(
Public issues
End of
fiscal
year or
month
Total
interestbearing
Nonmarke table
Marketable
Total
public
Treasury
public
debt
Certif-
icates
Notes
Treasury
bonds 1/
Total
bonds,
savings investbonds
ment
series
Depositary
bonds
Foreign
series
securities 2/
Foreign
currency
series
securities
Other
Special
issues
y
1957
1958
1959
1960
268,486
274,698
281,833
283,241
221,658
228,452
237,078
238,342
155,705
166,675
178,027
183,845
23,420
22,406
32,017
33,415
20,473
32,920
33,843
17,650
30,973
20,416
27,314
51,483
80,839
90,932
84,853
81,297
65,953
61,777
59,050
54,497
54,622
51,984
50,503
47,544
11,135
9,621
8,365
6,783
196
171
183
170
1961
1962
1963
1964
285,672
294,442
301,954
307,357
240,629
249,503
257,153
260,729
187,148
196,072
203,508
206,489
36,723
42,036
47,230
50,740
13,338
13,547
22,169
56,257
65,464
52,145
67,284
80,830
75,025
81,964
88,464
53,481
53,431
53,645
54,240
47,514
47,607
48,314
49,299
5,830
4,727
3,921
3,546
117
138
103
103
860
75
648
392
630
832
68
45,043
44,939
44,801
46,627
1963- Deo.
305,213
261,555
207,571
51,539
10,939
58,680
86,413
53,984
48,827
3,685
98
582
760
32
43,653
1964-J>ily.
Aug.,
Sept,
306,855
309,625
311,122
261,118
262,184
263,755
206,776
207,692
208,981
51,048
52,045
53,345
58,621
58,559
58,572
97,106
97,088
97,063
54,343
54,492
54,774
49,371
49,444
49,502
3,535
3,529
3,515
103
103
103
282
312
549
983
1,035
1,035
69
69
69
45,737
47,441
47,367
Oct.,
Nov..
311,217
314,023
313,553
264,960
267,360
267,477
210,118
58,107
58,924
58,976
97,045
97,021
97,002
54,946
55,024
49,581
49,692
49,734
3,450
3,441
3,388
102
102
554
554
634
1,086
1,086
1,086
69
70
46,257
46,664
212,454
54,966
56,469
56,476
54, 842
212,
76
46,076
313,677
315,545
313,332
269,441
269,976
267,674
214,411
214,863
212,507
58,429
58,833
56,525
53,203
55,463
55,481
102,779
55,030
55,112
55,166
49,803
49,881
49,935
3,355
3,348
3,326
104
104
604
78
U,235
93
609
1,086
1,112
1,137
79
67
45,570
45,659
,
,
Dec.
1965-Jan.
Feb.
Mar..
4U
Source:
Daily Treasury statement.
Includes $50 million of Panama Canal bonds for fiscal years 1957-60.
1/
2/ Consists of certificates of indebtedness. Treasury notes beginning
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U, S, dollars.
2/ Consists of the dollar equivalent of Treasury certificates of
100 , 567
100,502
105
46,827
46,246
4>4,756
U,899
589
19
25
29
indebtedness and from October 1962 Treasury bonds issued and
payable in designated foreign currencies.
Includes mainly Treasury bonds, Rural Electrification Administration
series beginning July 1960, and retirement plan bonds beginning
January 1963.
Table 4.- Average Length and Maturity Distribution of Marketable Interest-Bearing Public Debt
(In millions of dollars)
End of
1/
.
April
1965
23
DEBT OUTSTANDING
Table 5.- Special Public Debt Issues to United States Government Investment Accounts
(
End of fiscal
year or month
Total
1957
1958
1959
1960
i6,827
1961
1962
1963
196i
45,Oi3
44,939
Exchange
Stabilization
Fund
U,756
4^,399
In millions of dollars)
Federal
Old-Age
and
Survivors
Insurance
Trust Fund
Federal
Savings
and Loan
Insurance
Corporation
Federal
employees'
retirement
funds
Government
Life
Insurance
Fund
103
112
116
104
7,394
7,738
8,608
9,397
1,200
1,144
1,127
1,107
404
822
429
59
19,463
18,610
17,227
16,413
50
16 200
74
372
82
15,074
14,221
14,799
138
182
1,071
1,028
1,003
332
10,414
11,382
12,438
13,530
Federal
Deposit
Insurance
Corporation
Federal
Disability
Insurance
Trust
Fund
718
673
629
694
325
50
996
1,533
2,017
165
165
2,299
2,304
2,165
1,903
Federal
home
loan
banks
National
Service
Life
Insurance
Fund
Railroad
Retirement
Account
3,475
3,531
3,417
3,586
7,996
6,671
5,636
1
5,570
5,665
5,742
5,803
5,580
129
120
126
138
5,759
5,804
5,714
5,783
3,504
3,316
2,786
2,969
4,625
4,657
4,803
4,931
192
182
155
172
Highway
Trust
Fund
Unemployment
Trust
Fund
Other
1/
46,627
108
292
556
500
260
270
956
234
436
678
609
.
i3,658
107
72
1,925
324
13,648
51
12,819
981
332
5,752
2,687
4,804
156
196i-July
August
September.
45,737
47,441
47,367
317
278
342
338
289
1,831
1,869
1,857
60
344
314
264
13,605
13,658
13,786
953
948
945
558
5,798
5,808
5,814
2,882
2,877
2,877
4,844
5,504
5,399
179
112
67
14,025
15,128
15,123
294
305
308
1,764
1,735
1,656
70
246
25
14,243
13,841
13,898
13,966
942
938
936
176
35
14,256
268
284
288
5,824
5,830
5,337
2,791
2,772
2,760
5,339
5,486
5,405
180
159
161
221
1,486
1,494
1,490
66
13,008
13,785
13,873
241
241
241
13,931
13,977
14,044
921
917
912
36
129
148
5,696
5,701
5,707
2,668
2,650
2,664
5,184
5,565
5,278
164
165
168
U.SOl
1963-December,
October.
November.
December.
.
1965- January
February.
March
.
.
428
,
46,257
46,664
.
i.b,07b
466
478
44,235
45,570
45,659
614
595
667
.
.
.
525
287
291
64
174
,
U,509
Source: Daily Treasury statement.
Adjusted Service Certificate Fund (through December 1956),
1/ Consists of:
98
426
336
18]
182
Postal Savings System through 1962, various housing insurance funds,
and the Veterans' Special Term Insurance Fund.
.,
'
Treasury Bulletin
24
,
DEBT OUTSTANDING
,
Table 6,- Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(
In millions of dollars)
Agriculture Department
Agency
for
International
Development 1/
End of
fiscal
year or
month
Housing and Home
Finance Agency
Export'
Commodity
Credit
Corporation
Rural
Electrification
Administration
Secretary:
Farmers'
Home
Administration
programs
Import
Bank of
Washington
Federal
Idminis- National
Mortgage
trator
2/
Association ^/
2/
1957
1958
1959
1960
22,731
21,859
25,343
25,636
1,198
1,188
1,164
1,138
13,383
11,528
12,874
12,704
2,519
2,728
2,923
3,155
265
256
323
369
1,205
1,528
1,937
1,636
1961
1962
1963
1,107
1,062
807
735
11,534
12,990
13,599
13,990
3,332
3,484
3,657
3,828
456
854
1,027
1,170
1,698
1,830
1,476
196-1
26,011
28,634
29,166
29,241
1963-December.
28,748
746
13,250
3,749
196i-July
August. ..
September
27,693
28,491
28,747
735
735
735
12,314
13,163
13,268
3,908
3,908
3,908
October,
November.
December.
29,232
28,602
28,699
735
735
725
13,719
13,640
13,643
3,988
3,988
3,980
1965-January.
February.
March. .
28,687
27,484
27,795
724
724
724
13,733
12,495
12,783
3,980
3,980
3,980
.
Public
Housing
Administration
Seaway
Development
Corporation
Tennessee
Valley
Authority
Veterans'
Administration:
Direct
loan
program
Under
Defense
Production
Act
of 1950
Other
7/
6/
977
1,741
1,502
2,351
2,338
41
?5
27
29
48
97
112
118
733
780
930
1,180
1,294
1,723
1,950
1,970
3,202
3,167
2,716
2,393
32
32
25
830
1,213
1,567
2,005
2,302
121
121
123
123
85
1,330
1,530
1,730
1,730
1,964
1,976
1,923
2,019
22
22
29
35
1,093
1,274
2,180
2,543
65
122
50
1,730
1,911
35
1,157
1,158
1,158
841
812
796
2,342
2,358
2,399
2,408
2,371
2,485
123
123
123
85
85
95
1,730
1,730
1,730
2,012
2,012
2,012
36
36
37
1,176
1,204
1,186
827
405
368
2,476
2,501
2,602
2,319
2,138
2,209
123
123
123
95
95
95
1,730
1,730
1,730
2,004
2,004
1,996
38
40
1,212
1,209
1,232
338
342
327
2,602
2,673
2,120
2,082
2,049
123
123
123
95
95
95
1,730
1,730
1,730
1,986
1,986
1,986
42
44
46
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 1964
Annual Report of the Secretary of the Treasury, page 681, and the 1964
Combined Statement of Receipts, Expenditures and Balances of the United
States Government, pages 506-507.
1/ And predecessor agencies.
Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties. The obligation 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."
2/ Farm housing and other loan programs, and Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund).
Includes securities transferred from the Reconstruction Finance Corpo3/
ration, but excludes securities Issued under the Defense Production
Act.
Consists of notes issued to borrow for:
The urban renewal program
^
282
476
Saint
Lflwrence
730
2,719
^
(,/
~
22
21
39
(formerly slum 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 1963-65, beginning March 1963;
Virgin Islands Corporation beginning fiscal 1960; District of Columbia
Commissioners for the Stadium Sinking Fund beginning June, 1962; and
Secretary of the Interior (Bureau of Mines) for development and operation of helium properties beginning May 1964.
:
(
7/
50
21
18
,.,
.
April
1965
25
,
DEBT OUTSTANDING
Table 7.- Interest-Bearing Securities Issued by Federal Agencies But Not
Guaranteed by the United States Government
(In millions of dollars)
End of fiscal
year or month
Total
Banks for
cooperatives
Federal
hnme loan
banks 1/
Federal National
Mortgage Association
Federal
intermediate
credit banks
Federal land
banks 2/ 2/
1957
1958
1959
I960
5,013
5,423
6,703
8,407
179
199
284
330
738
456
992
1,259
1,159
1,456
1,600
1,552
1,646
1,888
2,137
1961
1962
1963
1964
7,765
9,332
10,192
11,865
382
430
459
498
1,055
1,797
2,770
4,201
1,723
1,855
2,133
2,315
2,357
2,550
2,725
2,973
1963-December.
11,705
588
4,363
1,952
1964- July
August. . .
September.
11,792
12,142
11,996
498
538
538
4,048
4,194
4,182
2,396
2,433
2,424
October.
November.
December.
12,128
12,241
12,127
576
638
686
4,144
4,369
4,369
2,352
2,174
2,112
1965-January,
February.
11,990
11,945
12,246
686
670
723
4,120
3,905
4,090
2,102
.
.
March
Source:
Office of Debt Analysis and agency reports.
Note:
The securities shown in the table are public offerings.
The
proprietary interest of the United States in these banks ended
1/
in July 1951.
924
2,U3
2,206
2/
2/
Management
and liquidating issues
570
797
797
797
All other
issues
Tennessee
Valley
Authority
1,050
1,165
1,290
2,284
2,198
2,556
1,960
1,698
145
145
180
2,834
1,738
180
2,973
3,102
3,102
1,698
1,696
1,571
180
180
180
3,169
3,169
1,707
1,701
180
190
3,169
1,601
190
3,169
3,298
3,298
1,723
1,739
1,739
190
190
190
50
The proprietary interest of the United States in these banks ended in
June 1947.
Figures do not include securities which are issued for use as collateral for commercial bank borrowing and not as a part of public offerings.
Includes small amounts owned by Federal land banks.
Treasury Bulletin
26
.STATUTORY DKBT LIMITATION.
The Second Liberty Bond Act (31 U.S.C. 757b), as amended
ty un act approved June 30, 1959, provides that the face amount
of oblig'itions 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 by
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-i6,
was $275 billion and that \mder the act of September 2, 1958,
was $283 billion. Tenporary increases to the permanent limita$10
tion of |285 billion, have been authorized as follows:
billion from July 1, 1959, through June 30, I960 (act of
Jui:e 30, 1959); $8 billion from July 1, 1%0, through June 30,
1961 (act of June 30, I960); $13 billion from July 1, 1961,
through March 12, 1962, and $15 billion from March 13 tl-jough
June 30, 1962 (acts of June 30, 1961, and March 13, 196?); $23
billion fran July 1, 1962, through March 31, 1963, $20 billion
from April 1 through May 28, 1963, $22 billion from May 29
through June 30, 1963, and $21 billion from July 1, 1963
through June 30, 1964 (acts of July 1, 1962, May 29, 1963,
August 27, 1963, and November 26, 1963, and an additional
$6 billion, making a total of $30 billion, from December 1,
1%3, through June 29, 1%A (act of November 26, 1963)); and
$39 billion from June 29, 1%A through June 30, 1965 (act of
June 29, 196^).
Table 1.- Status Under Limitation March 31, 1965
{In millions of dollars)
Maximiim amount of securities which may be outstanding at any one time under limitation imposed by the act
of June 30, 1959 (31 U.S.C. 757b), as increased temporarily by the act of June 29, 1964
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
324,000
317,412
719
Total amount of securities outstanding subject to statutory debt limitation
Source:
318,131
5,869
Balance issuable under limitation
Daily Treasury statement.
Table 2.- Appllcatlon of Limitation to Public Debt and Guaranteed Securities
Outstanding March 31, 1965
(In millions
1
April
Treasury Bulletin
28
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest -Bearing Public Marketable Securities
Outstanding March 31, 1965
Other Than Regular Weekly and Annual Treasury Bills - (Continued)
(
Year
and
In millions of dollars)
April
29
1965
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
(Amounta In
mllUons of dollars)
Description of new Issue
Issue date
Number of
days to
maturity 1/
Maturity
date
AnouDt of
bids
tendered
Amount of bids accepted
Total
amount
Regular weekly bills:
196i- Dec.
|l965-Mar.
i,
June
3
91
182
2,042.6
1,835.3
1,200.2
1,000.1
Mar.
June
11
10
91
182
1,829.1
1,672.9
1,301.0
1,000.6
Mar.
18
June
17
91
182
2,324.7
2,097.5
1,300.8
1,000.6
Mar.
25
24
91
182
2,109.5
2,189.0
1,208.1
1,004.9
91
182
2,264.2
2,038.7
1,199.9
1,002.0
91
182
1,986.7
2,020.3
1,101.8
1,003.4
3
Dec.
10
Deo.
17
Dec.
2i
Dec.
3]
1965-Jan.
June
Apr.
July
Apr.
7
July
Jan,
1^
Jan.
21
Jan.
28
Feb
Apr.
July
15
15
91
132
2,171.2
1,811.2
1,099.6
1,001.1
Apr.
22
22
91
182
2,099.5
2,475.0
1,200.3
1,001.1
29
29
91
182
2,185.0
2,465.3
1,202.9
1,003.2
May
6
Aug.
5
91
182
2,226.1
2,469.6
1,202.5
1,003.6
July
Apr.
July
A
Feb.
11.
Feb.
18.
Feb.
25.
May
13
Aug.
12
91
182
2,241.7
2,448.4
1,200.4
1,001.2
May
20
19
91
182
2,073.8
2,161.8
l,200'.l
Aug.
May
27
Aug.
26
91
182
2,327.3
2,503.6
1,200.9
1,003.4
91
182
2,358.8
2,303.5
1,200.2
1,000.3
1,000.4
June
3
Sept.
2
June
Sept.
10
lip.
9
91
182
2,151.5
1,880.2
1,200.8
1,000.4
Mar.
18p.
June
Sept.
17
16
91
182
2,248.7
2,331.4
1,201.0
1,002.5
Mar.
25p
June
Sept.
24
23
91
182
2,367.9
2,023.9
1,202.8
1,000.5
1965-Mar.
Mar.
June
June
22
22
22
22
201
210
155
2,235.0
3,188.2
3,703.1
4,044.9
1,001.0
1,503.2
1,504.5
1,758.3
1,000.3
Mar.
i..
Mar.
(
Tax anticipation bills
196/l-Sept.
Nov.
2
2i
1965-1/
One-year bills:
1964-Jan.
3
Feb.
Mar.
Apr,
May
June
July
U7
196/i-Dec.
31
363
2,113.3
6.
1965-Jan.
2,211.9
Feb.
Mar.
31
28
360
3.
a.
31
362
357
6.
Apr.
30
2,
7.
May
June
31
30
359
363
358
July
Aug.
31
31
361
365
365
Aug.
Aug.
Sept.
30.
Sept.
30
Oct.
31..
Oct.
31
365
Nov.
30..
30
Deo.
31..
31..
Nov.
Dec.
31
1966-Jan.
Feb.
28
(far.
31
365
365
365
365
365
1965-Jan.
Feb.
Mar.
4
,
31.,
28..
31p.
31
On competitive basis
On noncompetitive basis 2/
In
exchange
Amount
maturing on
issue date
of new
offering
Total of
unmatured
issues cfutstanding after
new issues
..
Treasury Bulletin
30
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills - (Continued)
On total bids accepted
Issue date
Average price
per hxmdred
Regular weekly bills:
1964- Dec.
3.
(Percent)
99.030 10/
97.973 11/
3.837
4.009
99.016
97.957
3.893
4.041
3.750
3.916
99.021
97.992
3.873
3.972
Deo.
17.
99.023
97.996
3.864
3.965
99.029 12/
98.004
3.841
3.948
99.019
97.991
3.881
3.974
Dec.
99.022
97.998
3.868
3.960
99.025
98.002
ly
ZL.
3.857
3.952
99.020
97.996
3.877
3.964
Dec.
31..
99.023
97.999
3.866
3.957
99.026
98.004
3.853
3.948
99.021
97.998
3.873
3.960
(99.032
|_98.015
3.829
3.927
99.036
98.020
3.814
3.916
99.031
98.014
3.833
3.928
J99.036
(98.007
3.814
3.942
99.042
98.015
3.790
3.926
99.034
98.002
3.822
3.952
f99.034
821
960
99.038
98.000
3.806
3.956
99.031
97.997
3.833
3.962
3.848
3.946
99.031
98.010
3.833
3.936
99.025
98.004
3.857
3.948
_97.994
3.888
3.968
99.023 li/
97.998
3.865
3.960
99.016
97.992
3.893
3.972
3.893
3.976
99.011
97.983
3.913
3.990
7.
Jan.
U.
Jan.
21.
Jan.
28.
]_97.998
ly
Feb.
11..
99.013
97.984
3.903
3.987
99.016
97.990
Feb.
18.
99.005
97.970
3.936
4.015
99.010
97.981
3.916
3.-994
99.001
97.968
3.952
4.019
98.992
97.956
3.989
4.043
98.995
97.961 lb/
3.976
4.033
98.990
97.955
3.996
4.045
98.993
97.959
3.982
98.995 17/
97.961
3.976
4.033
98.992-
4.037
97.958
3.988
4.039
^97.977
3.948
4.001
99.006
97.984
3.932
3.988
99.000
97.973
3.956
4.009
25.
lip
99.002
Mar.
18p
r99.010
197.983
3.917
3.990
99.014
97.985
3.901
3.986
99.007
97.982
3.928
3.99:
Mar.
25p
r99.009
[97.986
3.922
3.984
99.010
97.989 13/
3.916
3.978
99.007
97.983
3.928
3.990
98.001
98.564
97.877
98.402
3.580
3.518
3.639
3.711
98.012 12/
98.575
97.895 20/
98.411 21/
3.561
3.490
3.609
3.691
97.998
98.559
97.874
98.399
3.586
3.529
3.645
3.718
96.262
96.320
96.214
96.312
96.305
96.250
96.329
96.346
96.260
96.174
96.158
95.876
95.972
96.000
95.882
95.957
3.707
3.680
3.765
3.719
3.705
3.719
3.691
96.275
96.335
96.225
96.334
96.316
96.259
96.336
96.362
96.270
96.189
96.168
95.944
95.987
96.007
95.904
95.973
3.694
3.665
3.754
3.697
3.694
3.710
3.684
3.628
3.679
3.759
3.780
4.000
3.958
3.938
4.040
3.972
96.255
96.312
96.207
96.306
96.296
96.246
96.327
96.339
96.252
96.169
96.154
95.855
95.965
95.998
95.873
95.950
3.714
3.688
3.772
3.725
3.714
3.723
3.694
Nov.
24
1965-y
One-year bills:
1964-Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Aug.
Sept.
Oct.
Nov.
Dec.
1965-Jan.
Feb.
Mar.
12/
'[_98.005
99.017
Tax anticipation bills:
196i-Sept
2
17/
(Percent)
3.868
4.030
99.052
98.020
Mar.
1^
Equivalent rate 2/
3.815
3.944
Har.
1^
(Percent)
99.036
98.006
Feb.
15/
Price per hundred
10..
Feb.
ly
IV
Low
Equivalent rate 2/
(99.022
|97.962
("99.027
2/
Price per hundred
Dec.
1965-Jan.
10/
11/
1£/
Equlvaloit average
rate 2/
On competitive bids accepted
High
f
6..
2..
7..
4..
31..
30..
31..
30..
31..
31..
28..
31p.
3.6U
3.688
3.773
3.790
4.068
3.972
3.945
4.062
3.987
Bank discount basis.
Except $200,000 at 99.161 and $2,000,000 at 99.051.
Except $1,000,000 at 97.973.
Except $300,000 at 99.040 and $300,000 at 99.039.
Except $30,000 at 99.029.
Except $1,500,000 at 99.028 and $1,850,000 at 99.027.
Except $100,000 at 99.023 and $265,000 at 99.018.
Except $12,000 at 98.993.
Except $100,000 at 98.999.
Except $50,000 at 97.994.
Except $200,000 at 98.045.
22/
2y
24/
2y
26/
27/
2S/
X/
21/
22/
22/
24/
2y
zy
22/
2g/
p
3.651
3.697
3.779
3.793
4.088
3.980
3.947
4.070
3.995
Except $300,000 at 98.300, $1,000,000 at 97.981, $1,000,000 at 97.940,
$200,000 at 97.915, $200,000 at 97.912 and $400,000 at 97.900.
Except $700,000 at 98.420 and $5,000,000 at 98.416.
Except $100,000 at 96.299.
Except $3,500,000 at 96.239.
Except $100,000 at 96.158 and $200,000 at 96.000.
Except $100,000 at 96.006.
Except $200,000 at 96.075.
Except $100,000 at 96.000.
Except $50,000 at 96.000.
Preliminary.
,
April
1965
31
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills
(Dollar amoxmts in millions)
Description of issue
Maturity
Issue
date
date
1961- January
19.
1961-April
July
20
20
January
26.
April
July
27
27
February
2.
May
Axigust
June
September
4
3
29
28
March
30.
1961-April
1961- July
October
6
6...
13...
July
October
13
13
April
5
May
-4...
August
November
3
2
May
11...
August
November
10
July
20...
October
1962- January
August
31...
1961-November
1962-March
October
19,
October
26
1962-February
1
February
15
February
23
9
19
18
30
1
January
April
18
19
Jan\iary
25
26
April
May
3
August
2
May
August
May
August
May
17
16
24
23
31
30
March
1
March
8
June
September
March
15..
June
September
March
22..
Jxme
September
21
20
March
29.,
June
28
27
April
5..
July
October
4
April
12.,
July
October
12
11
April
19.,
July
October
19
18
April
26.
July
October
May
10.
May
2A.
May
31.
June
7.
June
U.
June
21.
June
28.
August
September
U
13
5
j/
)
.,
Treasury Bulletin
32
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills I/- (Continued)
(Dollar amounts in millions)
Description of issue
Amount
of bids
tendered
Amount
of bids
accepted
$2,212
1,202
$1,301
3
91
182
700
2.930
3.008
Number of
days to
maturity
Maturity-
Issue
date
date
Average rate
on bids
accepted £/
New money
increase, or
decrease (-)
(Percent
5
-October
-January
July
12,
-October
-January
11
10
91
182
2,365
1,126
1,301
700
2.974
3.096
July
19,
-October
-January
18
17
91
182
2,454
1,068
1,302
700
2.983
3.133
July
-October
-January
25
26,
91
182
2,127
1,362
1,298
703
2.892
3.103
91
182
2,161
1,576
1,301
700
2.874
3.075
19 62- July
i.
24
August
2
1962, •November
11963 January
August
;-November
J-February
8
9
7
91
182
1,972
1,203
1,301
700
2.801
2.990
August
16
;-November
S-February
15
14
91
182
2,078
1,766
1,301
704
2.867
3.060
August
23
^-November
J-February
23
21
92
182
2,003
1,651
1,301
700
2.837
2.984
August
30
!-November
J-February
29
28
91
182
2,248
1,259
1,301
700
2.805
2.916
September
6
•-December
J-March
6
7
91
182
2,054
1,332
1,301
700
2.834
2.977
September
13
!-December
J-March
U
13
91
182
2,377
1,291
1,301
701
2.789
2.911
September
20,
!-December
J-March
20
21
91
182
2,265
1,375
1,301
700
2.796
2.962
September
27,
J-December
J-March
27
28
91
182
2,150
1,777
1,300
700
2.749
2.938
3
1
31
October
4
J-January
April
4
91
182
2,011
1,505
1,300
701
2.752
2.902
October
11
January
April
10
11
91
182
2,136
1,631
1,301
701
2.760
2.864
October
18
January
April
17
18
91
182
2,225
1,436
1,300
700
2.749
2.843
October
25
January
April
24
25
91
182
2,133
1,394
1,301
700
2.742
2.828
January
31
November
1
November
8
November
15
November
23
November
29
December
6
December
13
December
20,
December
27,
196 3- January
3
2
91
182
2,207
1,573
1,301
701
686
May
February
7
9
91
132
2,249
1,761
1,301
702
2.841
2.927
May
16
91
182
2,325
1,436
1,302
701
2.801
2.846
February
21
23
90
181
2,409
1,274
1,300
800
2.833
2.892
28
.31
91
183
2,042
1,528
1,300
801
2.853
2.936
7
6
91
182
2,108
1,663
1,300
801
2.861
2.945
14
13
91
182
1,973
1,321
1,301
801
2.807
2.861
21
20
91
182
2,092
1,248
1,301
800
2.860
2.900
May
February
May
February
May
March
June
March
June
March
June
775
March
28
91
June
27
182
2,660
1,322
1,309
802
2.893
2.924
April
July
4
5
91
183
2,220
1,340
1,301
801
2.926
2.966
January
10
April
July
11
11
91
182
2,196
1,542
1,301
800
2.920
2.966
March
28.
June
September
27
26
91
182
2,133
1,459
1,301
800
2.919
2.977
July
October
5
3
92
182
2,081
1,454
1,300
800
2.922
2.982
11
July
October
11
10
91
182
2,292
1,553
1,302
801
2.913
2.978
April
18.
July
October
18
17
91
182
2,352
1,485
1,301
800
,917
,010
April
25.
July
October
25
24
91
182
2,259
1,670
1,300
801
,884
.982
April
April
<;
Footnotes at end of table.
(Continued on following page)
$200
[
)
.
33
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury
BlUsV-
(Continued)
(Dollar amounts in millions)
Description of Issue
date
New money
increase, or
decrease (-)
Amount
of bids
tendered
Amount
of bids
accepted
91
132
$2,054
$1,302
1,668
801
2.897
2.989
1 101
91
182
2,119
1,715
1,301
802
2.905
2,993
100
2,397
1,583
1,302
801
2.903
2,990
93
91
Number of
days to
maturity
Maturity
Issue
date
Average rate
on bids
accepted 2/
(Percent
1963- August
1
1963-May
2.
May
9.
August
November
16.
August
November
15
U
91
182
196i- February
May
20
21
182
2,321
1,431
1,202
800
3.524
3.660
-99
29.
February
May
27
90
131
1,987
1,614
1,201
802
3.480
3.630
-99
21.
August
November
20
91
19
182
2,258
1,633
1,202
900
3.482
3.598
101
August
November
27
27
91
183
2,073
1,709
1,200
900
3.476
3.595
97
October
1965. -January
15
lA
91
182
2,123
1,409
1,202
902
3.448
3.549
103
May
November
November
196i^ay
May
21
28.
October
31
28
July
16,
July
23.
1964. -October
1965- -January
22
21
91
182
2,070
1,333
1,201
900
3.502
3.619
100
30.
1964- -October
1965- -January
29
28
91
182
2,204
1,889
1,201
902
3.475
3.591
101
September 10,
i96i- December
'1965- March
10
11
91
182
2,169
1,464
1,302
901
3.514
3.649
101
September 17.
i96i- December
1965- March
17
18
91
182
2,083
1,474
1,302
900
3.541
3.693
102
September 2^.
1964- December
1965- March
24
25
91
182
2,200
1,624
1,302
901
3.542
3.692
101
October
1,
1964- December
1965- April
31
1
91
182
2,086
1,451
1,301
900
3.555
3.711
100
1965-January
21.
April
July
22
22
91
182
2,099
2,475
1,200
1,001
3.821
3.960
99
28,
April
July
29
29
91
182
2,185
2,465
1,203
1,003
3.848
3.946
104
May
August
6
5
91
182
2,226
2,470
1,203
1,004
3.888
3.968
105
May
August
13
12
91
182
2,242
2,U8
1,200
1,001
3.903
3.987
100
18.
May
August
20
19
91
182
2,074
2,162
1,200
1,000
3.936
4.015
98
25.
May
August
27
26
91
182
2,327
2,504
1,201
1,003
3.989
4.043
102
3
2
91
182
2,359
2,304
1,200
1,000
3.982
4.037
100
24
23
91
182
2,368
2,024
1,203
1,000
3.922
3.984
94
July
January
February
February
February
February
March
March
i,
11.
4-
25p
June
Sept.
June
Sept.
Information in Table 3 covers bill offerings
See Table 2.
January 2, 1961, through March 31, 1965.
Excludes issues of strips of additional amounts of outstanding regular
weekly bills for cash on June 14, 1961 ($1,802 million), November 15,
Source:
1/
2/
1961 ($800 million), November 15, 1962, October 28, 1963, and
July 29, 1964 ($1,001 million each). See Table 4,
Equivalent average rate on bank discount basis.
34
Treastjwy Bulletin
April
1965
35
PUBLIC DEBT OPERATIONS.
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscrip-
36
Treasury Bulletin
.
.
April
.
1965
.
.
.
37
PUBLIC DEBT OPERATIONS
Footnotes to Table 4
3"l/i% notes, $4 million of the 3-3/i,% bonds of 1966, and $136
million of the T.-'i/lS 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.
Holders of approximately $970 million of Series F and G savings bonds
issued in 1950, which mature in 1962, were offered in exchange the
3-1/8% 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 payraent of any cash difference.
Cash payments ajnounted to $309,000.
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 60 percent but in no case
less than $50,000.
In addition, $100 million of the bonds was
allotted to Government investment accounts
Includes $3,411 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/2? certificates and $1, 518
million of the 4% notes.
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $385 million of the 4J6 bonds of
1971, $177 million of the i,% bonds of 1980, $218 million of the
3-1/2% bonds of 1990, and $221 million of the 3-1/2% bonds of 1998.
Issued for cash and in exchange for tax anticipation bills maturing
March 23, 1962 (see Table 7, footnote 12).
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 15 percent but in no case
less than $50,000.
In addition, $100 million of the bonds was
allotted to Government investment accounts.
Includes $2,166 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4% certificates, $14 million of
the 3-5/8% notes, and $64 million of the 3-7/8% 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 13).
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
In addition, $100 million of the bonds was allotted to
$100,000.
Government investment accounts.
All subscriptions for the 4-1/4% bonds were allotted in full. 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 installjnents 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 4% bonds.
Includes $3,796 million allotted to Federal Reserve Banlss 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 Treasury bills maturing
from January 17, 1963, to Iferch 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
$500 of the bonds upon payment of any cash difference.
Cash payments
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 for reoffering to the public. The winning bid was $99.85111 per
$100 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 Ba^ks 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
3-7/8% 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. 0931'45%, 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.
-
(Continued)
^
Includes $4,149 million allotted to Federal Reserve Banks and Government investment accounts
42/ One-year bills issued monthly beginning September 3, 1963.
LUf 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 1968, and $171 million of the 4% bonds of
1973.
45/ Issued for cash and in exchange for one-year bills maturing October
15, 1963 (see Table 7, footnote 17).
46/ 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, I964, to April 9, 1964.
47/ 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 18).
48/ Consists of allotments on subscriptions from holders of Treasury certificates of indebtedness and Treasury notes maturing November 15
1963.
49/ 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.
50/ Issued to replace the one-year bills maturing January 15, 1964.
51/ In addition to amounts allotted to the public, $189 million was
allotted to Government investment accounts
52/ 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
53/ Includes $4,014 million allotted to Federal Reserve Banks and Government investment accounts of the 3-7/8% notes.
54/ 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.
55/ Includes $6,383 million allotted to Federal Reserve Banks and Government investment accounts of the 4% notes and $29 million of the 4-1/4%
bonds
56/ In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $22 million of the 4-1/4% bonds of
1987-92. and $4 million of the 4-1/8% bonds of 1973.
52/ Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
October 15, 1964, to December 17, I964.
58/ Subscriptions were permitted to be made with payment in cash or In 5%
notes or 3-3/4% notes, both maturing August 15, 1964 (see Table 7,
footnote 22).
59/ Consists of allotments on subscriptions from holders of Treasury notes
maturing August 15, I964.
60/ 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
circulars, totaled $1,950 million and were allotted in full. Subscriptions subject to allotment totaled $12,903 million: those up
to and including $100,000 were allotted in full; all others were
allotted 15 percent but in no case less than $100,000.
61/ Subscriptions were permitted to be made with payment in cash or in
4-7/8% notes or 3-3/4% notes, both maturing November 15, 1964 (See
Table 7, footnote 24)
62/ Consists of allotments on subscriptions from holders of Treasury
notes maturing November 15, 1964.
63/ 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
accoxints and the Federal Reserve Banks, as provided in the offering
circulars, totaled $6,607 million and were allotted in full. Subscriptions subject to allotment totaled $15,293 million: those up
to and including $100,000 were allotted in full; all other were
allotted 16.5 percent but in no case less than $100,000.
64/ In addition to the amounts allotted to the public, there was allotted
to Government investment accoxints $322 million of the 4% bonds of
1970, $325 million of the 4-1/8% bonds of 1974, and $55 million of
the 4-1/4% bonds of 1987-92.
6^ Subscriptions were permitted to be made with payment in cash or in
2-5/8% bonds maturing February 15, 1965 (see Table 7, footnote 26).
66/ Consists of allotments on subscriptions from holders of Treasurybonds maturing February 15, 1965.
Subscriptions from States, political subdivisions or instrumentalities
frZ/
thereof, public pension and retirement and other public fund's, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment accounts
and the Federal Reserve Banks, totaled $582 million and, as provided in
the offering circulars, were allotted in full where the subscriber
made the required certification of ownership of bonds maturing
Subscriptions subject to allotment totaled $10,054.
February 15, 1965.
million:
those up to and including $100,000 were allotted in full;
all othere were allotted 15 percent but in no case less than $100,000.
Preliminary.
n.a.
Not available.
p
.
38
April
1965
39
PUBLIC DEBT OPERATIONS
,
Table 5.- Securities Issued in Advance Refunding Operations -(Continued)
Date issued
Amount
issued
(In millions)
Securities issued
Adjustment payments
at issue (per $100
of face value)
l/
By
Treasury
3-5/8^
Note
i960
2,275
206
845
2/15/67-B
$0.50
0.10
0.30
0.10
4,287
693
3-7/8S8
Bond
11/15/71 i/
532
94
196
1.10
0.70
0.90
0.70
1,515
3/15/63
136
3-7/8%
Bond
11/15/74
V
3U
1.50
1.70
251
373
0.90
1,074
17
49
2
24
A%
Bond
2/15/80 i/
195
420
210
213
0.90
0.50
0.70
0.50
1.00
1.20
0.40
1,131
3-7/8S6
Bond
-
620
194
777
11/15/68
1,591
500
A%
Bond
214
782
621
340
721
716
8/15/73
9/15/63
3,894
4-l/8)f
Bond
5/15/89-94 i/
375
125
317
114
105
91
132
1,260
U%
Bond
8/15/70
U
694
165
278
211
654
221
2,223
1/22/64
l^-\flA
Bond
5/15/75-85
V
239
106
158
117
53
76
748
0.65
To
Treasury
Effective
interest
rate 2/
Investment
yield
y
Eligible securities exchanged
40
Treasury Balletini
April
1965
41
PUBLIC DEBT OPERATIONS
Table 6.-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other Than Regular Weekly Treasury Bills i/
(In millions of dollars)
Issue
1
Treasury Bulletin
42
PUBLIC DEBT OPERATIONS,
Table 6.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other Than Regular Weekly Treasury Bl 1 Is ^- (Continued)
(
Issue
In millions of dollars)
April
44
.
April
1965
45
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Called or maturing security 1/
Issue
date
Description
Disposition offers
by Treasury
Amount
outstanding
Results of exchange offers
Exchange
security
offered
Cash
retirement
Exchanged
(In millions of dollars)
3%
Bond
2/15/64
2/14/58
3,854
1,154
6,896
6,896
ri,651
563
6/1/45
1,757
1,757
233
181
9/15/67-72
10/20/41
2,716
2,716
345
420
12/15/67-72
11/15/45
3,515
3,515
322
333
18,739
18,739
5,202
2-5/8^ Bond
2/15/65
6/15/58
2-l/2i6 Bond
6/15/67-72
2-1/2^ Bond
2-l/2;t Bond
Total.
2.484? Bill
3/23/62
7/26/61
3,503
3,503 8/
2.827? Bill
4/15/62
4/15/61
2,000
2,000
y
3%
Certificate
5/15/62
5/15/61
5,509
5,509
4?
Note
5/15/62
4/14/60
2,211
2,211
2-1/4% Bond
6/15/62
6/1/45
3,963
3,963
11,684
11,684
Total.
2.705? Bill
6/22/62
9/27/61
2,511
2,511 8/
2.908? Bill
7/15/62
7/15/61
2,004
2,004 2/
Note
8/15/62
9/26/57
158
3-1/4? Note
8/15/62
2/15/61
7,325
7,325
7,483
7,483 12/
4?
.
3,854
Total
3-1/2? Certificate -
2/15/63-A
2/15/62
6,862
2-5/3? Note
-
2/15/63-A
4/15/58
2,839
3-1/4? Note
-
2/15/63-E
11/15/61
3,642
3-1/4? Certificate -
5/15/63-B
5/15/62
6,686
3-1/4? Note
-
5/15/63-D
5/15/61
5,047
Note
-
5/15/63-B
4/1/59
1,743
158
15/
4?
Total
6,000
3,000
26,820
,
2.896? Bill
9/21/62
3/23/62
1,802
1-1/2? Note
lO/l/62-EO
10/1/57
590
2.975? Bill
10/15/62
10/16/61
2,003
1,802 8/
590
2,003 i/
ly
Turned
in for
cash 2/
Description of new
security offered
(See also Table 4)
46
Treasury Balletim
PUBLIC DEBT OPERATIONS
Table 7.- Dlsposlt Ion of Matured Public Marketable Securl ties
Other Than Regu lar Weekly Treasury Bills - (Continued)
D'lte
of
April
1965
47
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Called or maturing security 1/
Disposition offers
by Treasury
Date of
refunding
or retirement
Description,
Issue
date
Amount
outstanding
Cash
retirement
'
f
Certificate
i-3/A%
9/15/63 6/
Exchange
security
offered
Results of exchange offers
Exchanged
Turned
in for
cash 2/
Description of new
security offered
(See also Table U)
48
C
April
49
1965
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Disposition offers
by Treasury
Called or maturing security 1/
Date of
refunding
-ir retirement
Issue
date
Description
Amount
outstanding
Exchange
security
offered
Cash
retirement
(
r2-5/3$ Bond
2/15/65
11/15/65-
3-1/2$ Note
Exchanged
Description of new
security offered
(See also Table 4)
Turned
in for
cash 2/
In millions of dollars)
6/15/58
3,976
3,976
674p
493p
641p
11/15/62
2,954
2,954
640p
4l6p
282p
flS
Bond
4-1/8$ Bond
4-1/4$ Bond
2/15/70
2/15/74
8/15/87-92 11/
'iS
Bond
4-1/8$ Bond
L,-\flS Bond
2/15/70
2/15/74
8/15/87-92 11/
Note
11/15/65-E
5/15/64
8,560
8,560
176p
140p
145p
Bond
i$
4-1/8$ Bond
4-1/4$ Bond
2/15/70
2/15/74
8/15/87-92 11/
2/15/66-B
5/15/62
3,260
3,260
588p
334p
144p
'iS
3-5/8$ Note
Bond
4-1/8$ Bond
i-l/4$ Bond
2/15/70
2/15/74
8/15/87-92 11/
2/1 5/66-
8/15/64
4,040
4,040
379p
400p
665p
'i$
3-7/8$ Note
Bond
4-1/8$ Bond
L,-\llA Bond
2/15/70
2/15/74
8/15/87-92 11/
300p
'4$
IS
1/15/65 6/
Results of exchange offers
ll6p
Bond
4-1/8$ Bond
4-1/4$ Bond
2/15/70
2/15/74
8/15/87-92 11/
4,433
903p
46lp
14Dp
Bond
IS
4-1/8$ Bond
U-l/lS Bond
2/15/70
2/15/74
8/15/87-92
U/
3,604
3,604
724p
73ap
122p
Bond
4$
4-1/8$ Bond
4-1/4$ Bond
2/15/70
2/15/74
8/15/87-92
U/
33,077
33,077
9,766p
3-3/4$ Bond
5/15/66
11/15/60
2,250
2,250
3-3/4$ Note
8/15/67-A
9/15/62
4,433
3-5/8$ Bond
Total
11/15/67
3/15/61
,
U7p
Bond
4,381p of 4$
3,130p of 4-1/8$ Bond
Bond
of
4-1/4$
2,254p
V_
.000 2/
1/31/65
3.680$ Bill
1/31/65
2/6/64
1,000
2/15/65
2-5/8$ Bond
2/15/65
6/15/58
2,168
2/28/65
3.765$ Bill
2/28/65
3/3/64
1,001
1.001 i/
3/22/65
r3.580$ Bill
13.518$ Bill
3/22/65
3/22/65
9/2/64
9/2/64
1,001
1,503
1,001 8/
1,503
3/31/65
3.719$ Bill
3/31/65
4/8/64
1,001
1,001
4/1/65
1-1/2$ Note
4/1/65-EA
4/1/60
466
466
1
l'
,
i
jj
!
,
2,168 26/
Source:
Bureau of the Public Debt. Preliminary figures are from subscription and allotment reports; final figures are on "clearance
basis" in daily Treasury statement.
Original call and maturity dates are used.
2/ All by investors other than Federal Reserve Banks.
i/ Rolled over into a one-year bill (see Table 4).
Holders of the maturing certificates 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 3-1/4$
notes offered in the amount of around $6.9 billion. For detail of
offering, see Table 4.
5/ Excess of maturing 4-7/8$ certificates over allotments of new
securities on subscriptions from holders of those certificates (see
Table 4, footnotes 6 and 7).
6/ Advance refunding offering. Pursuant to the provisions of 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 securities surrendered in exchange
will be taken into account upon the disposition or redemption of the
new securities,. See also Table 5.
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 3-5/3$ bond due November 15, 1967,
and the last for a new 3-3/8$ bond due November 15, 1966. Exchanges
8p
1
,649p 22/
4$
Note
11/15/66-E
y
y
8/
y
V
51
2/
10/
11/
12/
12/
yj
15/
were subject to allotment if subscriptions exceeded $5 billion for
the bonds of 1967 or $3 billion for the bonds of 1966.
Tax anticipation issue; for detail of offerings beginning 1961, see
Table 4; for amounts redeemed for taxes and for cash see "Note" below.
Holders of the maturing certificates and 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
$5,250 million offering of 3$ certificates or the $2,500 million
offering of 3-1/4$ notes. For detail of offering, see Table 4.
Excess of maturing 4-3/3$ certificates and 3-5/8$ notes over
allotments of new securities on subscriptions from holders of those
certificates and notes (see Table 4, footnotes 12 and 13).
Reopening of an earlier issue.
$1,569 million was redeemed for cash and $168 million was 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 27 and 28).
From September 10 through September 12, 1962, owners of securities
maturing February 15, 1963 (3-1/2$ certificates, 2-5/8$ notes,
1-1/4$ 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 I4, 1962, for redenption on December 15, 1962.
lb/
Remaining footnotes on following page.
.
.
.
m
50
Ireasury Bullet.
PUBLIC DEBT OPERATIONS
Footnotes to Table 7
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 i, footnote 45).
18/ Holders of the maturing certificates and 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
$7,600 million offering of 3-7/8^ notes. For detail of offering, see
Table i,.
Excess
of maturing 3-l/B% certificates and 4-7/8!8 notes over allot12/
ments of new securities on subscriptions from holders of those
certificates and notes (see Table 4, footnotes 47 and 48).
20/ Tax anticipation bills issued to replace the maturing one-year bills
(see Table 4, footnote 50)
21/ 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 52.
22/ 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 3-7/8% notes
offered in the amount of about $4.0 billion. For detail of offering,
see Table 4.
Excess
of maturing 5% notes and 3-3/4% notes over allotments of new
a2/
securities on subscriptions from holders of those notes (see Table 4,
footnotes 59 and 60)
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 4% notes offered in the
amount of about $9 1/4 billion. For detail of offering, see Table 4.
25/ Excess of maturing 4-7/8% mtes and 3-1/4% notes over allotments of
new securities on subscriptions from holders of those notes (see Table
4, footnotes 62 and 63)
17/
-
26/
(Continued)
Holders of the maturing bonds 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 4% notes offered in
the amount of about $2,170 million. For detail of offering, see
Table 4.
Excess of maturing 2-5/8% bonds over allotments of the new security
on subscriptions from holders of those bonds (see Table 4, footnotes
66 and 67).
,
27/
p
Preliminary,
Information on retirement of tax anticipation issues referred to
in footnote 8, in millions of dollars:
Date of
retirement
3/22/61
6/22/61
9/22/61
3/23/62
6/22/62
9/21/62
3/22/63
6/24/63
6/24/63
3/23/64
6/22/64
3/22/65
3/22/65
Security
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Bill
Total
amount
retired
3,512
3,504
1,503
3,503
2,511
1,802
3,005
1,001
1,502
2,001
2,501
1,001
1,503
Redeemed
for
taxes
1,680
1,606
928
1,766
1,651
1,051
2,020
Redeemed
for
cash
1,832
1,898
575
1,737
860
751
985
1,913
590
1,711
1,955
290
546
2,020
484
12/
April
1965
51
PUBLIC DEBT OPERATIONS
,
Table 8.- Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Ck)untrles
(Payable In U. S. Dollars)
Month of
52
April
1965
53
PUBLIC DEBT OPERATIONS.
Table 8.- Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U.
S.
Dollars)
April
1965
55
PUBLIC DEBT OPERATIONS
Table 9.- Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Month of
activity
.
.
56
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 9.- Foreign Currency Series Securities (Nonmarke table)
Issued to Official Institutions of Foreign Countries - (Continued)
Amount
(Dollar equivalent)
Month of
activity
Payable
Security-
Issue
date
Maturity
date
Interest
rate
Issued
Retired
Total outstanding
end of month
(In millions of dollars)
3/29/63
6/23/63
9/30/63
3/29/65
6/28/65
9/30/65
3.27
3.30
3.69
4^1/6^
4/1/64
4/1/64
4/1/64
1/24/63
4/24/64
10/1/65
11/1/65
12/1/65
1/1/66
4/24/64
7/26/65
4.04
4.05
4.06
4.07
3.13
3.93
vmi
5/25/64
9/27/65
8/25/65
2.82
3.84
3.37
30
70
7/1/64
10/1/65
2.82
3.81
22
7/l/6i
7/1/64
7/1/64
1/24/63
7/24/64
2/1/66
3/1/66
4/1/66
7/24/64
5/2/66
3.83
3.84
3.85
3.18
3.77
50
50
50
8/4/64
9/7/65
3.67
52
4/4/63
9/4/64
9/4/64
2/4/66
2.83
3.87
23
4/26/63
[ 10/26/64
10/26/64
4/26/66
3.23
3.90
25
Italian lire
1964-April.
Bonds
German marks
May ....
Bonds
Swiss francs
5/25/64
r
4/1/63
Swiss francs
July...
German marks
Aug
Swiss francs
Sept...
Bonds
Swiss francs
I
l_
Austrian
schillings
Bonds
.
.
Feb....
Mar.
Source:
.
50
50
50
50
30
50
3.54
12/31/65
3.87
30
Bonds
German marks
10/30/64
6/1/66
3.90
50
2/14/63
1^11/16/64
11/16/64
7/1/66
3.09
3.93
50
f
5/16/63
[^11/16/64
11/16/64
5/16/66
2.82
3.92
23
7/1/63
1/1/65
1/1/65
7/1/66
2.89
3.99
25
2/14/63
2/15/65
2/15/65
8/1/66
3.14
4.04
50
2/23/65
8/23/66
4.09
25
3/3/65
9/6/66
4.11
25
Bonds
Daily Treasury statement.
(German marks
Austrian
schillings
Austrian
schillings
i
1,035
25
10/30/64
Bonds
1,035
23
10/30/64
Swiss francs
983
50
10/31/63
Bonds
832
22
Swiss francs
f
762
50
Swiss francs
Bonds
y
50
Bonds
Swiss francs
1965-Jan...
50
Certificates of indebtedness
German marks
Nov.
r
25
75
30
.
1,086
.
1,086
50
23
25
I
1,086
50
Information in this table covers transactions from inception through March 31, 1965.
1,112
1,137
\
::
.,
April
57
1965
.UNITED STATES SAVINGS BONDS.
Series E and H are the only savings bonds currently
being sold. Series E has been on sale since May 1, ig'^-l.
1952. Series J and K were sold from May 1, 1952 through
30,
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, igl+l.
Series F and G were sold from Hay 1, ig'^-l. through April
Interest yields, maturities, and other terms appear In the
Treasury Bulletins of April I95I, May I952, May 1957, Octo-
ber and December 1959,
Table 1.- Sales and Redemptions by Series, Cumulative through
and May and October 196I-
March 31, 1965
(In millions of dollars)
Amount outstanding
Sales 1/
Series
Series
Series
Series
Series
A-D 2/.
E and H
F and G
J and K
Total A-K
Source:
Sales plus
accrued
discount
Accrued
discount
Redemptions J/
3,949
124,053
23,396
3,556
1,054
21,520
1,125
170
5,003
145,574
29,521
3,726
4,992
96,949
29,427
2,398
159,953
23,869
183,823
133,767
Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
Interestbearing debt
Matured
nonlnterestbearing debt
11
48,624
94
1,311
17
49,935
121
Footnotes at end of Table 4.
Table 2.- Sales and Redemptions by Periods, All Series Combined
(In millions of dollars)
Redemptions 1/
Period
Fiscal years
1935-1956.
1957
1958
1959
1960
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 2/
Amount outstanding
Accrued
discount 2/
Interestbearing debt
Matured
noninterestbearing debt
:
120 ,095
4 ,881
4 ,670
4 506
4 ,307
4 464
4 ,421
4 518
4 ,656
12,289
1,216
1,226
1,228
1,240
1,286
1,358
1,408
1,476
132,384
6,097
5,896
5,734
5,547
5,749
5,780
5,926
6,132
74,527
8,958
8,544
7,249
8,557
5,819
5,716
122,565
4,605
4,689
4,320
4,350
4,539
4,278
4,760
4,609
12,897
1,216
1,235
135,462
5,821
5,924
1,221
5,541
1,262
1,322
1,397
1,423
1,508
5,612
August. .
September
387
364
358
October.
November.
December.
1965- January.
February,
March. . .
1961
1962
1963
1964
Calendar years :
1935-1956
1957
1958
1959
I960
1961
1962
1963
1964
69,191
8,055
7,671
6,377
7,542
5,038
5,336
903
873
872
1,015
57,497
54,622
51,984
50,503
47,544
47,514
47,607
48,314
49,299
360
374
364
56,293
52,474
51,192
48,154
47,159
47,458
47,535
48,827
725
734
686
49,734
158
331
280
240
4,934
4,482
4,383
781
782
791
781
78,444
9,630
7,255
8,772
6,732
72,713
8,674
6,450
7,763
5,730
956
805
1,009
5,851
881
6,183
5,595
5,602
5,021
6,117
5,252
4,842
4,792
4,259
4,445
754
810
762
807
145
114
127
532
478
484
466
410
397
49,371
431
366
69
59
66
49,502
133
129
124
367
348
372
115
115
138
482
344
64
464
408
356
426
301
55
49,581
49,692
120
117
358
68
49,734
158
431
394
146
120
122
577
514
536
529
431
98
446
488
371
74
137
127
409
79
49,803
49,881
49,935
5,861
5,675
5,273
5,164
211
157
139
494
368
335
331
201
Months
T954July
Source
414
510
Daily Treasxiry statement; Office of Debt Analysis in the Office
of the Secretary.
351
Footnotes at end of Table 4.
49,
4U
121
:
...
Treasury Bulletin
58
.UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
(In millions of dollars)
Amount outstanding
Redemptions 1/
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 2/
Accrued
discount 2/
Interest-bearing
debt
Series E and H combined
Fiscal years:
1941-1956
1957
1958
1959
1960
50,038
4,444
4,432
4,310
4,616
3,906
3,873
3,759
3,982
3,794
40,929
732
755
797
886
721
41 ,498
6,114
53,832
5,176
5,187
5,107
5,502
4,627
4,603
4,500
4,736
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
1,491
97,625
5,649
5,867
5,489
5,574
5,832
5,650
6,164
6,101
56,228
5,469
4,856
5,519
4,996
4,484
4,636
4,557
4,341
52,105
4,686
4,129
4,636
4,202
3,781
3,882
3,823
4,061
4,122
783
727
883
794
703
754
733
387
364
358
144
113
125
531
424
382
402
357
325
338
67
477
483
October.
November.
December.
367
348
372
114
114
136
481
378
463
508
331
316
278
396
331
66
1965-January.
February.
March.
431
394
414
1U
394
345
121
535
490
417
458
96
119
575
513
381
77
84,463
4,613
4,670
4,506
4,307
4,464
4,421
4,518
4,656
10,298
1,133
1,161
1,174
1,194
1,254
1,331
1,386
1,458
94,761
5,746
5,831
5,680
5,501
5,717
5,753
5,904
86,763
4,507
4,689
4,320
4,350
4,539
4,278
4,760
4,609
Months
1964-July
August. .
September
1961
1962
1963
1964
Calendar years :
1941-1956
1957
1958
1959
I960
1961
1962
1963
1964
731
742
754
780
42,142
42,716
42,715
43,806
44,955
46,359
47,737
41,398
41,578
42,589
42,559
43,137
44,485
45,499
47,106
48,366
;
Series F, G, J, and K combined 4/
Fiscal years:
1941-1956
1957
1958
1959
1960
31 ,683
268
1961
1962
1963
1964
Calendar years
1941-1956
1957
1958
1959
I960
31,853
98
937
83
32,619
352
65
54
65
54
46
46
32
27
22
32
27
22
18
18
32,833
74
58
52
38
29
1961
1962
25
19
16
1963
1964
Months:
1964 -July
August. .
September
October.
November.
December.
1965-January,
February.
March, .
,
172
58
52
38
29
25
19
16
15,739 5/
58
64
61
53
72
47,844
47,938
48,019
48,123
48,254
48,366
48,452
48,547
48,624
Matured
noninte restbearing debt
..
.
:
April
.
1965
59
UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
(Continued)
(in millions of dollars)
Redemptions V/
Period
Sales
1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 2/
Accrued
discount
^
Exchanges of
E bonds for
H bonds
Amount
outstanding
(interestbearing debt)
Series E
Fiscal years
1941-1956
1957
1958
1959
1960
:
1961
1962
1963
1964
Calendar years
1941-1956
1957
1958
1959
I960
81,238
3,919
3,889
3,688
3,603
3,689
3,674
3,914
4,136
10,298
1,133
83,176
3,875
3,802
3,598
3,632
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
1,174
1,194
1,254
1,331
1,386
1,458
5,005
5,300
5,594
53,638
4,981
4,951
4,889
5,181
4,394
4,343
4,203
4,363
49,844
4,248
4,196
4,092
4,295
3,673
3,613
3,794
732
755
797
886
201
721
731
188
219
3,461
3,609
742
754
206
37,898
37,969
38,067
38,040
37,456
37,817
38,260
39,166
40,190
278
212
199
208
198
38,087
37,885
38,206
37,748
37,597
38,140
38,587
39,740
40,739
19
16
14
40,272
40,352
40,425
15
12
40,517
40,640
40,739
191
:
1961
3,711
1962
1963
1964
3,624
4,185
4,132
Months
1,161
91,536
5,052
5,049
4,862
4,797
4,943
1,491
94,038
5,018
4,979
4,767
4,856
5,003
4,996
5,589
5,623
55,951
5,220
51 ,829
4,122
4,437
4,658
5,225
4,729
4,249
4,349
4,229
4,425
3,931
4,342
3,935
3,546
3,595
3,495
3,646
783
727
883
794
703
488
442
447
387
346
359
320
289
295
67
341
280
244
297
61
66
13
457
383
361
96
21
311
72
16
40,789
40,866
413
336
77
17
40,932
754
733
780
:
1964-Jul)r
August, ..
September
October.
November.
December.
1965-January.
February.
March. .
.
345
329
144
113
321
125
333
318
114
114
338
136
447
433
474
383
144
527
358
375
119
477
496
121
297
362
58
64
53
Series H
Fiscal years :
1952-1956.
1957
1958
1959
I960
3,225
694
782
818
704
775
747
604
3,225
694
782
818
704
775
747
6O4
521
521
3,587
3,587
631
631
887
722
718
828
654
575
477
887
722
718
828
654
477
42
35
42
35
36
36
October. .
November .
December.
34
30
34
34
30
34
1965-January. .
February.
March
48
48
36
39
36
39
1961
1962
1963
1964
Calendar years :
1952-1956
1957
1958
1959
1960
1961
1962
1963
1964
575
194
196
236
217
322
233
260
298
373
194
196
236
217
322
233
260
298
373
277
248
3,031
206
3,529
4,075
4,676
5,259
5,989
6,695
7,193
7,546
294
267
235
287
328
416
277
248
198
294
267
235
287
328
416
278
212
199
208
198
3,310
3,693
4,383
4,811
5,54a
6,345
6,912
7,367
7,627
37
36
43
37
36
43
19
16
14
7,571
37
34
15
12
34
37
34
34
7,606
7,614
7,627
33
33
21
7,662
34
34
16
17
7,681
198
201
188
219
191
Months:
1964^uly
August. ..
September
Source
Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary,
U
U
Footnotes at end of Table 4»
13
7,586
7,594
7,692
..
Treasury Bulletin
60
.UNITED STATES SAVINGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(
In millions of dollars)
Matured
Period
Unclassified
Total 1/
Total
Series E
and H
Fiscal years;
1951
1952
1953
195A
1955
1956
1957
1958
1959
I960
1961
1962
1963
196A
6,137
5,109
5,621
6,515
7,251
7,846
8,958
8,544
7,249
8,557
5,819
5,716
5,273
5,164
817
792
1,761
2,747
3,941
4,263
4,115
3,730
3,621
4,126
2,673
2,593
2,250
2,057
38
702
1,128
1,487
1,826
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
Calendar years:
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
5,651
5,074
6,149
6,985
7,301
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
5,252
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
2,171
254
968
1,328
1,500
2,047
1,891
2,084
1,691
2,433
1,944
1,633
1,656
1,617
1,889
466
410
431
175
181
168
157
155
148
December.
408
356
426
199
165
137
182
147
120
1965-January.
February.
March. . .
529
446
488
171
206
265
174
243
Months:
1964- July
August. .
September
October.
Tlovember.
150
Other
779
Series E
and H
w
\
..
.
,
.
.
,
61
1965
April
_OWNKRSHIP OF FEDERAL SECURITIES.
Table 1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
In millions of dollars)
(
Interest-bearing securities guaranteed by the U.S. Government ^/
Interest-bearing securities issued
by the U.S. Government
Total
Federal
securities outstanding
1/
End of
fiscal
year or
month
Held by U. S. Government
investment accounts 2/
Total
outstanding
Total
Public
issues
Special
issues
Held by
Federal
Reserve
Banks public
issues
Held by privat
investors 2.'^
Public
marketable
issues
Total
56
46
149,546
202,417
208,483
211,721
211,598
151,392
157,418
160,361
159,575
51,025
51,065
51,360
52,023
240
87
444
605
812
167
165
159
153
277
653
3,300
3,759
3,907
4,357
33,593
213,825
162,089
51,735
741
184
557
4,134
45,737
47,441
47,367
35,051
35,164
35,350
212,049
212,819
159,924
160,
2U,109
161,550
52,125
52,274
52,558
820
847
885
164
161
172
656
687
713
4,330
4,465
4,488
14,098
14,332
14,361
46,257
46,664
46,076
35,709
36,774
215,153
216,253
52,627
52,730
820
833
162
171
657
662
37,044
216,073
162,527
163,523
163,264
171
637
4,419
4,464
4,388
14,680
U,674
44,235
45,570
36,741
36,907
659
690
45,659
37,591
165,205
165,496
162,282
52,815
52,898
14,846
218,020
218,394
215,236
52,955
717
146
154
156
536
561
268,486
274,698
281,833
283,241
55,501
55,842
54,554
55,259
8,674
9,596
9,799
10,360
46,827
46,246
44,756
44,899
23,035
25,438
26,044
26,523
189,949
193,418
201,235
201,459
127,179
134,593
1961
1962
1963
239,211
298,645
306,466
312,526
285,672
294,442
301,954
307,357
56,002
56,296
58,206
60,964
10,959
11,357
13,405
14,337
45,043
44,801
46,627
27,253
29,663
32,027
34,794
310,089
305,213
57,796
14,137
43,658
312,004
316,496
306,855
309,625
311,122
59,755
61,643
61,663
14,018
14,201
14,296
316,456
319,320
318,750
311,217
314,023
313,553
60,355
60,996
60,437
318,646
320,575
318,416
313,677
315,545
313,332
58,915
60,244
60,505
,
1964- July
August. . ,
September.
,
October.
November.
December.
.
1965- January.
February
March. . .
3U,938
U,939
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 by Federal Reserve Banks.
Includes certain debt not subject to statutory limitation. For amounts
subject to limitation, see page 1.
Includes accounts under the control of certain U. S. Government agencies
Source;
1/
2/
2,042
1,646
2,873
3,090
50
54
63
79
276,444
284,817
286,471
1963- December,
2/
106
101
110
139
270 634
1964
Held by
private
investors
2/
62,770
58,825
56,252
51,913
1957
1958
1959
1960
,
Held by
Total
U. S.
Government
outstanding investment
accounts
Public
nonmarketable
issues
Matured
debt
and
debt
bearing
no
interest
2^
^
1U,983
5U
52,808
47
60
UO
4,311
4,340
4,367
513
whose investments are handled outside the Treasury.
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 and Other Accounts Handled by the Treasury 1/
(In millions of dollars; negative figures are net sales)
Year
Jan.
Apr.
Feb.
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
17.5
-5.6
76.9
-9.8
72.6
-155.9
23.0
16.5
-21.3
47.1
10.7
13.4
10.6
62.2
43.1
1963,
1964.
1965.
80.7
148.7
397.6
142.1
101.1
210.9
293.5
111.3
83.2
1/
-20.9
12.0
30.0
-90.3
-105.1
-48.1
-.7
.1
U.l
-5.7
5.8
-72.9
-11.5
-5.9
-1.6
-.7
.3
.4
June
May
.4
.9
-.2
.4
.3
-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
19.9
36.2
-2.9
29.9
-30.4
-54.7
-1.9
11.4
5.1
6.3
482.7
.5
12.9
-22.4
18.9
56.1
18.9
-145.8
20.5
-56.4
-69.8
-359.2
1.1
-88.4
5.1
3.5
July
-.3
-2.3
-67.8
-18.5
-17.0
-157.8
-609.1
-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
7.2
4.6
-17.2
20.3
32.2
35.5
25.6
61.9
9.4
26.4
19.1
18.3
44.4
17.3
-304.4
8.4
10.3
10.6
28.3
3.4
25.1
325.5
-59.0
28.7
33.5
223.4
373.1
169,8
1.4
7,9
-21.7
74.8
5.7
49.2
182.4
U.O
53.1
16.4
19.5
18.2
21.8
24.2
39.9
398.8
15.8
177.2
9.9
-14.5
15.4
-8.7
32.3
44.6
656.2
155.8
73.9
141.0
Consists of purchases or sales, in the market, 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 the Treasurer
of the 0. S., (2) accounts under the control of certain U. S. Government
agencies whose investments are handled through the facilities of the
Treasury Department; and (3) purchases prior to maturity by the Secretary
5.0
2.8
3.5
38.4
-10.0
11.8
,2
1,5
20,1
-45,5
22.5
313.4
-86.3
Sept.
-8.4
-15.8
-19.0
-.2
-41.2
-308.1
2.9
35.9
2.8
56.2
46.7
35.4
-2.1
Aug,
U5.5
1.9
.4
Dec.
Oct.
-1.1
60.0
-4.4
-.2
1.0
-5,0
-5.9
4.8
-12.0
-123.0
-14.1
-57.6
-20.3
696.4
.1
-.8
11.5
10.7
-3.6
11.7
-1.1
-.2
-.1
7.0
29.0
8.2
U.2
41.0
234.8
.3
-1.7
5.8
8.4
16.5
17.0
21.1
-30.7
221.0
7.9
.6
36.8
-23.3
71.6
105.5
57.3
-25.4
21.3
33.3
43.7
113.1
39.7
27.8
19.5
345.7
126.2
436.7
100.1
33.8
116.8
56.
26.
17.
41.
25.
83.9
-67.3
55.1
of the Treasury of any outstanding seciirities as authorized under
Section 19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a).
This table excludes (1) all investment transactions for the Exchange
Stabilization Fund; and (2) all purchases by subscription on original
issue and all securities which are redeemend upon maturity.
Less than $50,000.
,
..
.
Treasury Bulletin
62
.OWNERSHIP OF FEDERAL SECURITIES.
Table 3«- Betimated Ownership of Federal Securities
(Par values 1/ in billions of dollars)
Held by banks
Total
Federal
securities
outstanding 2/
End of
month
Held by private nonbank investors
U.
Commercial
banks
2/
Federal
Reserve
Banks
S.
Government investment
accounts
Individuals 4/
Savings bonds
Total
Total
Series
E and H
1939-Dec.
47.6
15.9
2.5
6.5
22.7
10.1
279.8
259.5
93.8
74.5
22.9
23.3
28.0
30.9
135.1
130.7
64.1
257.4
256.7
65.6
61.8
18.3
20.8
37.8
39.2
135.6
134.9
255.3
259,5
58.4
61.6
23.0
23.8
41.0
42.3
259,2
267.4
61.1
63.4
22.9
24.7
266,1
275,2
58.8
63.7
271,3
278.8
Other
Other
secuseries ^/ rities
Mutual
Insurance savcompanies ings
banks
State
and
Corporalocal
tions 6/
governments
Foreign
and international
2/
1.9
8.2
6.3
3.1
2.2
.4
.2
12.5
13.9
20.8
20.1
24.4
24.9
11.1
11.8
19.9
15.3
6.7
6.3
2.4
64.2
30.8
30.3
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
3.5
4,3
132.9
131.8
65.4
64.6
34.5
34.7
14.6
14.4
16.3
15.5
17.1
16.5
10.2
9.8
20.1
20.7
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
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
63.6
69.2
25.0
24.9
49.3
49.6
133.3
135.1
64.7
63.4
37.5
38.2
12.1
11.7
15.1
13.5
15.4
15.3
9.1
16.6
19,2
13.9
14.4
6.0
6.3
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
U.8
14.5
15.0
14.6
8.7
8.5
18.8
23.5
14.7
15.4
6.8
7.5
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
3.7
15.9
15.4
13,6
13.2
8.4
8.0
17.7
19.1
16.1
16.3
7.9
7.8
270.6
275.0
56.2
59.5
23.0
2i.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
7.9
7.6
16.8
18.6
16.8
16.6
7.6
7.6
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
12.2
12.7
4
7. 3
14.8
18.8
16.3
16.5
6.5
7.7
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
18.3
22.1
12.
7.3
6.9
20.8
22.8
16.9
18.0
10.1
12.0
286,5
290.4
55.3
62.1
26,5
27,4
U9.3
68.0
64.7
42.5
42.9
22.4
19,1
12,
11.
6.6
6.3
21.2
Dec.
20.1
18.8
18.7
12.3
13.0
1961- June,
Dec,
289.2
296,5
62.5
67.2
27.3
28.9
143.3
145.9
63.1
64.4
43,6
44.2
2.5
2.2
17,1
17.9
11.4
11.4
6.3
6.1
20.0
20.0
19.3
19.0
12.7
13.4
1962- June.
298.6
304.0
65.2
67.2
29.7
30.8
56.5
55.6
147.3
150.4
64.2
64.5
44.6
45.1
2,0
17.5
17.6
11.4
11.5
6.3
6.1
19.7
20.2
20.1
20.1
14.1
15,3
303.9
305.2
303.5
303.7
305,8
306.5
305.5
307.2
307.3
307.1
308.9
310.1
66.7
65.8
64.7
65.1
63.9
64.4
63.3
61.7
63.0
63.2
62.8
64.3
30.3
30.6
31.0
54,5
55.1
55.1
54,3
57.1
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
153.4
154.0
154.7
154.3
64.9
65.1
65.7
64.9
64.4
1.7
1.7
1.6
1.6
1.6
17.9
17.9
18.5
17.6
17.0
17.0
17.6
17.6
18.0
18.1
18.3
18.2
11.6
11.5
11.5
11.2
64.4
65.2
65.4
65.8
66.0
66.2
66.2
45.3
45.5
45.6
45.7
45.8
46.0
46.1
46.2
46.3
46.4
46.6
46.7
11.1
11.0
11.1
11.1
11.2
11.2
11.3
11.3
6.1
6.1
6.1
6.0
5.8
5.8
5,8
21.1
21.7
20.8
21.1
22.4
20.3
20.6
21.4
19.7
20.4
21.6
20.6
20.4
20.4
20.6
21.2
21,2
21.5
21.4
21.6
21.2
20.9
20.6
21.1
15,3
15.2
15,4
15.6
15.9
15.8
15.6
15.9
16.0
15.9
16.0
15.9
62.9
62.2
61.6
61.1
60.0
60.2
59.3
60.0
61.8
62.1
63.4
63.7
32.8
33.2
33.8
33.2
34,2
34.8
35,1
35.2
35.4
35.7
36.8
37.0
56.5
57.5
57.6
56.1
59.4
61.1
59.9
61,8
61,8
60,5
61.2
60.6
157.2
158.3
157.4
158.0
158.7
156.4
157.7
158.0
157.6
158.2
158.0
157.4
66
67
67
67
67
67.5
67.8
67.5
68.0
68.2
67.9
68.2
46.8
46.9
47.0
47.1
47.2
47.3
47.4
47.5
47.6
47.7
47.8
47.9
1.3
1.3
1.3
1.2
1.2
1.2
1.2
1.1
1.1
1.1
1.1
11.3
11.3
11.2
11.0
11.0
10.9
10.9
11.0
11.2
11.2
11.2
11.1
21.8
22.7
21.4
21.8
22.5
20.2
20.5
20.5
19.1
20.2
20.1
1.0
18.8
19.1
19.6
18.8
19.0
19.0
19.3
18.9
19.3
19.4
19.0
19.2
5,9
6,0
6,1
6
6
6
6
6
6
5.8
5.7
Dec.
309.3
311.1
310.4
308.4
312.3
312.5
312.0
314,9
316.5
316,5
319.3
318,7
5.7
19.7
21.?
21.4
21.7
22.6
22.6
22.5
22.3
22.6
22.3
22.2
21.9
21.6
15.9
15.9
15.6
15.3
15.4
15.6
15.8
16.0
16.3
16.3
16.6
16.7
1965- Jan
Feb.p
318.6
320.6
36.7
36.9
59.1
60.4
160.3
162.0
68.6
68.9
48.0
48.1
1.0
1.0
19.5
19.7
11.3
11.2
5.8
5.9
20.7
21.4
22.4
23.1
16.5
16.6
1946-Feb. 2/.
Dec.
1950- June,
Dec.
1951- June.
Dec.
1952- •June.
Dec.
1953- June.
Dec.
1954- June.
Dec
.
1955- June,
Dec.
1956- June,
Dec.
1957- June.
Dec.
1958- June.
Dec.
1959- June.
Dec.
1960- June,
Dec
.
1963-Jan.
Feb..
Mar..
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov.
Dec,
1964- Jan.
Feb..
Mar.
Apr.
May..
June.
July.
Aug..
Sept.
Oct..
Nov.
31.
31.
32
32.
32.
32.
32.8
33.7
33.6
145,8
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 con^janies, and stock savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departments.
1.8
1'.5
1.5
1.5
1.4
1.4
1.4
1.4
^
jy
6/
2/
8/
^
12.
7.
2.1
4.2
4.3
5.3
Includes partnerships 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.
Immediate postwar debt peak.
Preliminary.
p
:
;
April 1965
63
.TREASUHI SUHTET OF CWNERSHIP, FEBRUARY 28, 1965
The monthly Treasury Survey of Ownership covers securities issued by the United States Government and by FedThe banks and insurance companies included
eral agencies.
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 governments,
Data were first published for banks and in70 percent.
surance companies in the May 19/Vl Treasury Bulletin, for
Section
I
-
corporations and savings and loan associations in the September 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 30 and December 31. Holdings by corporate pension trust funds are published quarterly, first
appearing in the March 1954 Bulletin.
Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of all Securities
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding 1/
Classification
Interest-bearing securities:
Public marketable
Public nonmarketable 6/
Special issues
,
Total interest-bearing
securities
Matured debt and debt bearing
no interest R/
.
Total securities issued or guaranteed by U. S. Government 2/"
Insurance companies
6,003
commer-
501
banks
mutual
savings
banks
2/ 3/
2/
cial
i8i fire,
297
life
casualty,
and
i88
savings i69
and loan corpoassocia- rations
tions
State and local
governments 4/
316
general
funds
Held by
Government invest191
pension ment accounts
and re- and Federal
tirement Reserve Banks
funds
U.
S.
all
other
investors ^/
215,553
55,112
45,570
51,501
244 7/
5,832
107
4,966
4,489
70
3,703
64
9,796
2
10,218
117
6,108
263
193
49,521
2,214
45,570
69,420
51,340
316,235
51,745
5,939
5,228
4,559
3,767
9,798
10,334
6,300
97,305
121,260
4,340
320,575
Footnotes at end of Table 4.
Table 2.- Summary of Interest-Bearing Public Marketable Securities
{Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Classification
By type of security:
Issued by U. S. Government:
Treasury bills
Treasury notes
Treasury bonds
Guaranteed by U. S. Government £/.
Total
By maturity distribution;
Call classes (due or first
becoming callable)
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
1 5 to 20 years
20 years and over
Guaranteed securities 2/
Total
Maturity classes (final
maturity)
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
20 years and over
Guaranteed securities
^
Total
Footnotes at end of Table 4.
Total
amount
outstanding
501
6,003
commercial
banks
mutual
savings
banks
2/y
2/
58,833
55,463
100 , 567
690
9,134
14,601
27,710
215,553
51
297
life
240
117
484 fire,
casualty,
and
marine
309
665
3,509
316
general
funds
6,279
2,226
1,291
4,827
1,410
3,979
352
289
2,978
55
534
574
4,581
143
4,504
104
501
5,832
4,966
4,489
3,703
9,796
100,620
58,674
29,770
5,411
1,913
18,476
690
19,250
21,102
10,050
155
84
804
1,294
1,201
1,598
170
136
1,289
143
513
sai
465
342
412
2,607
104
1,231
1,508
1,233
118
48
345
665
1,020
1,206
124
7,763
1,692
175
215,553
51,501
5,832
4,966
4,489
89,829
59,703
39,532
2,609
3,498
19,693
690
15,557
22,483
12,362
72
116
856
776
1,437
1,881
253
379
870
594
55
87
168
1,341
143
176
542
2,642
104
215,553
51,501
5,832
4,966
4,489
,
55_
6_
State and local
governments 4/
483
savings 469
and loar corpoassocia
tions
85_
191
pension
and retirement
funds
Government investment accounts
and Federal
Reserve Banks
U. S.
Held by
all
other
investors i/
1
276
31
5,769
32
7,592
26,279
15,496
154
29,290
9,270
30,751
109
10,218
6,108
49,521
69,420
5,924
1,757
452
26,844
13,209
3,727
1,291
705
3,592
154
36,681
16,349
9,861
1,677
263
4,478
109
113
891
501
114
1,030
1
312
565
981
128
3,639
32
3,703
9,796
10,218
6,108
49,521
69,420
1,618
1,761
462
971
1,458
7,277
2,022
70
1
76
376
59
2
163
1
301
232
796
355
532
3,860
32
24,627
13,827
5,326
726
895
3,966
154
34,299
15,112
13,482
59
5,684
1,621
1,267
204
340
1,100
9,796
10,218
6,108
49,521
69,420
6_
6
23
579
52
85_
598
330
85_
3,703
860
768
4,790
109
Treasury Bulletin
64
.TEEASDEI
SDWET OF CWNERSHIP, FEBRUARY
28,
1965
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)
.
•
April
.
65
1965
.TREASURY SURREY OF CWNERSHIP, FEBRUARY 28, 1965
Section I - Securities Issued or Guaranteed by tiie United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues - (Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Total
amount
outstanding
Issue
Treasury bonds 3-1/2
Feb.
Nov.
3-lA
May
A-l/A
Aug.
Feb.
i%
A
4-1/8
3-1/2
3
3-1/2
May
Feb.
Feb.
Nov.
(
Continued)
1980
1980
1985
1987-92. .
1988-93...
1989-94...
1990
1995
1993
• •
Total public marketable
securities
501
conuner-
cial
banks
mutual
savings
banks
2/y
2/
2,609
1,913
1,128
3,828
72
84
74
466
250
5
297
life
488
savings i69
iSi fire,
and loan corpocasualty,
associa- rations
and
tions
marine
70
23
106
162
10
State and local
governments
^
191
pension
316
general and retirement
funds
funds
204
114
172
176
412
139
258
25
159
34
1
37
50
37
79
24
26
143
42
1
6
76
78
965
122
1,011
30
385
115
513
100,567
27,710
4,581
4,504
3,509
690
55
215,553
51,501
1,560
4,904
2,378
4,427
Total Treasury bonds
Guaranteed securities 2/-
6,003
87
136
42
200
7
27
20
124
39
59
48
726
705
182
694
4,489
3,703
^
860
263
203
2
345
217
203
465
1,138
158
897
1,088
95
294
764
1,314
720
1,291
3,979
5,769
15,496
30,751
154
109
49,521
69,420
54
51
5
58
32"
4,966
Held by
all
other
investors
355
128
185
697
34
523
959
339
902
104
5,832
S. Government investment accounts
and Federal
Reserve Banks
U.
9,796
10,218
6,108
Footnotes at end of Table 4.
Table 4.- Interest-Bearing Public Nonmarke table Securities by Issues
(Far values - in millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Total
amount
outstanding
U.
S. savings bonds; 6/
Series E
Series H
Series J and K
,
,
Total U. S. savings bonds
Other U. S. securities :
Certificates of indebtedness:
Foreign Series
Foreign Currency Series.
Treasury certificates
Treasury notes, Foreign Serie;
Depositary bonds
Treasury bonds:
Foreign Series
Foreign Currency Series....
R. E. A. Series
Investment Series A
Investment Series B
Other
U. S. retirement plan bonds.
,
6,003
commercial
banks
S/ 2/
501
mutual
savings
banks
297
life
2/
484 fire,
casualty,
and
marine
40,866
7,681
1,334
14
49 , 881
14
488
savings 469
and loan corpoassocia- rations
tions
State and local
governments J^
191
pension
316
general and refunds
tirement
funds
Held by
Government investaccounts
ment
and Federal
Reserve Banks
U.
S.
all
other
investors _5/
40,864
7,673
1
3
18
26
16
1,2U
21
27
20
49,780
1
235
235
20
150
20
150
,
Total other U. S. securities.
Total public nonmarketable
securities
1/
K
3/
V
6/
104
104 7/
204
1,112
204
1,112
27
27
386
2,963
91
47
156
100
2,107
62
219
21
10
89
173
2,207
2,060
117
193
2,214
51,840
12
90
83
10
5
6
17
175
46
38
83
102
258
56
43
64
21
10
5,231
55,112
242 2/
2U
7/
Includes public debt not subject to statutory limitation.
For amount
subject to limitation, see page 1.
Excludes trust departments.
Includes trust companies and, beginning with figures for July 1949,
also includes stock savings banks.
Previously, those banks were reported as a separate classification.
New series; see March 1964 Treasury Bulletin, page 70.
Included with all other investors are those banks, insurance con^anies,
savings and loan associations, corporations, and State and local
government funds not reporting in the Treasury Survey.
United States savings bonds. Series E and J, are reported to the
263
2/
8/
2/
10/
11/
Treasury Survey at maturity value but have been adjusted to current
redemption value for use in this statement.
Includes $58 million depositary bonds held by commercial banks not
included in the Treasury Surv^.
Holdings by reporting investors not available.
Guaranteed securities are those held outside the Treasury.
Includes only publicly offered issues.
The proprietary interest of the United States in these banks ended
in July 1951.
12/ The proprietary Interest of the United States in these banks ended in
»
Less than $500,000.
June 1947.
.
..
.
.
...
.
..
Treasury
66
BulletM
.TREASURI SUH\rEY OF OWNERSHIP, FEBRUARY 28, 1965
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
State and local
governments 4/
Insurance companies
Total
amount
outstanding 10/
Banks for cooperatives;
Apr.
1965 [Debentures)
i?
May
4.
1965 (Debentures).
June 1965 ( Debentures)
4
4-1/3 Aug. 1965 ( Debentures)
Total.
Federal home loan banks; 11/
4aof Apr. 1965 niotes)
4-1/8 May
1965 (Notes).
June 1965 (Notes).
4
July 1965 ( Notes)
3.95
Aug.
4.05
1965 (Notes).
Sept. 1965 (Notes).
4.05
3-3/4 Sept. 1965 (Bonds).
Oct.
4.10
1965 (Notes).
Jan.
4.20
1966 (Notes).
4-1/8 Mar. 1966 (Bonds).
4-1/8 Aug. 1966 (Bonds).
4-1/4 Nov. 1966 (Bonds).
Total.
Federal intermediate credit banks:
( Debentures)
Federal land banks; 12/
(Bonqs)
4-1/4? Ap:
1965
(Bonds)
Aug.
1965
4
Oct.
( Bonds)
1965
4
Dec.
(Bonds)
1965
4
3-5/8 Feb.
1966
(Bonds)
3-1/4 May
1966
(Bonds)
4-1/4 July 1966
(Bonds)
4-1/8 Feb.
1967-72 (Bonds)
May
(Bonds)
1967
4
4-1/8 Oct.
1967
(Bonds)
4-1/2 Oct. 1967-70 (Bonds)
4-1/4 Mar.
1968
(Bonds)
June 1968
( Bonds)
4
4-1/4 Aug.
1968
( Bonds)
4-3/8 Mar. 1969
(Bonds)
4-5/8 July 1969
(Bonds).
4-1/4 July 1969
(Bonds) .
4-1/4 Oct. 1969
(Bonds)
5-1/8 Feb.
(Bonds)
1970
3-1/2 Apr. 1970
(Bonds)
5-1/8 July 1970
(Bonds)
3-1/2 May
1971
(Bonds)
3-7/8 Sept. 1972
(Bonds)
4-1/8 Feb. 1973-78 (Bonds)
4-1/2 Feb.
(Bonds)
1974
.
.
.
Total.
Federal National Mortgage Assoc.
Discount notes.
4-3/85t June
1965 ( Debentures)
3-3/4 Mar. 1966 ( Debentures)
4-1/8 Dec. 1966 ( DebentuLres)
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)
Total.
Tennessee Valley Authority;
Short-term notes
4.40it
Nov.
1985 (Bonds)...
4-5/8 July 1986 (Bonds)...
4-1/2 Feb. 1987 (Bonds)...
Total
Total nonguaranteed securities.
Footnotes on preceding page.
6,003
commer-
501
banks
mutual
savings
banks
2/i/
2/
cial
fire,
casualty,
and
4.84.
297
life
marine
^88
savings
and loan
associations
469
corporations
191
316
general
funds
202
72
192
204
63
19
52
63
11
21
3
3
15
23
9
17
670
197
37
10
430
525
250
4A6
552
172
175
400
220
260
200
275
90
145
23
26
11
10
53
9
32
39
13
13
8
19
7
21
10
44
17
9
23
32
3,905
996
256
2,143
577
137
209
159
160
140
150
58
4
12
3
3
34
4
2
21
23
11
6
10
9
14
2
2
*
3
4
108
34
3
4
13
11
193
4A
13
11
8
72
180
174
75
111
186
160
100
120
164
48
49
130
68
53
31
50
11
13
20
21
11
15
23
8
10
20
12
13
19
18
21
121
11
40
3
3
2
11
16
3
32
36
49
28
33
9
50
67
9
59
16
13
13
12
33
24
18
3
1
5
6
12
183
367
145
15
154
136
7
5
4
1
1
48
U
10
13
4
5
4
4
9'
2
6
4
6
51
3
2
1
5
4
3
10
5
4
4
29
6
18
7
17
3
1
60
5
1
48
16
22
83
85
60
109
9
7
11
2
4
148
155
13
14
3,298
621
63
3
8
2
4
1
2
2
4
6
4
4
2
1
3
14
11
5
2
5
12
13
9
9
24
134
124
4
2
4
3
2
10
16
300
2
97
108
13
33
93
16
17
2
4
212
34
2
114
4
4
5
22
5
19
6
8
6
15
4
4
4
3
7
23
4
2
227
7
1
4
1
»
1
1
1
2
4
10
2
2
1
5
U
9
15
7
4
11
5
«
4
7
5
1
5
4
29
4
1
«
130
209
82
87
38
143
119
63
12
23
82
pension
and retirement
funds
4
4
1
1
96
2
6
2
3
lOG
100
1
3
1
4
2
4
6
7
3
3
U6
5
13
1
3
5
3
1
3
193
9
5
10
4
5
10
12
1,739
128
103
25
60
85
41
260
45
1
8
14
9
10
25
13
50
26
24
27
50
45
190
10
11,945
2,529
12
746
107
77
13
3U
312
725
703
319
S. Government investment accounts
and Federal
Reserve Banks
U.
April
1965
67
MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH 31, 1965
Current market quotatione 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,
The securities listed Include all regularly quoted public
msirketable securities Issued by the United States Treasury.
Outstanding Issues which are guaranteed by the United
States Goverrjnent are excluded.
Table 1.- Treasury Bills
Amount outstanding
(millions)
I
Treasury Bulletin
68
MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH 31, 1965
Table 3.- Treasury Bonds
(Price decimals are 32nds)
!
April
1965
69
MARKET QUOTATIONS ON TREASURY SECURITIES, MARCH 31, 1965
o
LlI
o
m
o
o
51=
o
o
oo
o
CVl
Ki
Clj
cvi
O
s
,
.
s
s
s
3
Treasury Bulletin
70
AVERAGE YIELDS OF LONG-TERM BONDS,
Table 1.- Average Yields of Treasury and Corporate Bonds by Periods
(Percent per annum)
Moody's Aaa
corporate
bonds
Treasury
bonds 1/
Treasury
bonds 1/
Period
s Aa
corporate
bonds
Moody'
Moody' s Aaa
corporate
bonds
Treasury
bonds 1/
Period
Annual series - calendar year averages of monthly series
2.46
2.47
2.48
2.37
2.19
2.25
2.44
2.31
19i2,
1943.
19ii,
1945.
1946.
1947.
1943.
1949.
2.83
2.73
2.72
2.62
2.53
2.61
2.82
2.66
2.32
2.57
2.68
2.94
2.55
2.34
3.08
3.47
1950
1951
1952,
1953
1954
1955
1956
1957
2.62
2.86
2.96
3.20
2.90
3.06
3.36
3.89
3.79
3.43
4.08
4.02
3.90
3.95
4.00
4.15
1958.
1959.
1960.
1961.
1962.
1963
1964,
4.38
4.41
4.35
4.33
4.26
4.40
Monthly series - averages of daily series
Period
Treasury
bonds 1/
Moody*
Aaa
s
Moody
Aaa
corporate
bonds
corporate
bonds
Treasury
bonds 1/
1956
1954
Moody'
Aaa
corporate
bonds
Moody'
'
Treasury
bonds 1/
Aaa
corporate
bonds
Treasury
bonds 1/
'
January
February.
March
April
May
June
2.69
2.62
2.53
2.48
2.54
2.55 i/
3.06
2.95
2.86
2.85
2.88
2.90
2.88
2.85
2.93 2/
3.07
2.97
2.93
3.11
3.08
3.10
3.24
3.28
3.27
3.24 2/
3.28
3.25
3.12
3.14
3.20 2/
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
4.56
4.49
4.45
4.46
4.45
4.08
4.09
4.01
3.89
3.88
July
August.
September.
October. .
November
December.
2.47
2.48
2.52
2.54
2.57
2.59 2/
2.89
2.87
2.89
2.87
2.89
2.90
3.00
3.17
3.21
3.20
3.30
3.40
3.28
3.43
3.56
3.59
3.69
3.75
3.36
3.60
3.75
3.76
3.70
3.80
3.67
3.85
4.09
3.86
3.79
3.84 2/
3.91
3.93
3.88
4.41
4.28
4.25
4.30
4.31
4.35
4.02 2/
3.98
3.94
2.93
2.99
3.02
3.01
3.04
3.05
3.34
3 22
3 26
3.77
3.67
3.66
3.67
3.74
3.91
3.91 2/
3.92
3.92
4.01
4.08
4.09
4.13
4.23
4.37
4.46
3.89
3.81
3.78
3.80
3.73
3.88
4.32
4.27
4.22
4.25
4.27
4.33
3.06
3.11
3.13
3.10
3.10
3.15
3.60
3.63
3.66 2/ 2/
3.73
3.57 2/
3.30 2/
3.90
4.10
4.12
4.10
4.08
3.81
4.11
4.10
4.26
4.11 2/
4.12
4.27
4.47
4.43
4.52
4.57
4.56
4.58
3.90
4.00
4.02
3.98
3.98
4.06
4.41
4.45
4.45
.
.
.
.
.
1955
January.
February.
March
April
.
May
June
July
August.
September.
October.
November.
December.
.
.
.
Period
,68 2/
78
78
82
2.81
2.82
y
2.91
2.95
2.92
2.87
2.89
2.91
Treasury
bonds 1/
1957
Moody'
3 32
3 40
3
s
Aa
corporate
bonds
58 1/
4.11
4.09
4.08
4.12
4.U
Treasury
bonds
4.15
4.14
4.18
4.20
4.16
4.13
4.37
4.36
4.38
4.40
4.41
4.41
4.34
4.35
4.32
4.28
4.25
4.24
4.13
4.14
4.16
4.16
4.12 2/
4.14
4.40
4.41
4.42
4.42
4.43
4.44
3.89 2/
3.92
3.93
3.97 2/
3.97
4.00
4.21
4.19
4.19
4.21
4.22
4.23
4.14
4.16
4.15
4.01
3.99
4.26
4.29
4.31
4.32
4.33
4.35
3.90
3.89
3.87
3.87
1963
4.42
4.39
4.42
Moody s Aaa
corporate
bonds
4.04
4.07
4.11
4.14
'
Weekly series - averages of daily series for weeks ending
1964-October
1964
4.42
4.42
4.39
4.33
4.28
4.28
1961
1959
Moody
Aaa
corporate
bonds
'
Treasury
bonds 1/
1962
1960
1958
Moody
Aaa
corporate
bonds
Treasury
bonds 1/
Period
1965
Treasu^
bonds 1/
4.43
4.41
4.42
Moody's Aa
corporate
bonds
71
April 1965
AVERAGE YIELDS OF LONG-TERM BONDS
Q
z
o
CD
IxS
OH
o
C
q:
o
o
I
I
CO
J,
I
a: in
I
•e
«
Si
o
i>
u.
o
en
o
_j
lU
S
I
UJ
UJ
5
I
S
I
B
..
.
.
.,
r
Treasury Bulletin
72
MONETARY STATISTICS
Table 1.- Money In Circulation
(In millions of dollars except per capita figures)
Paper money 2/
Total
End of fiscal
year or month
money in
circulation 1/
1957
1958
1959
I960
31,082
31,172
Total
paper
money
Gold
certificates
Treasury
notes of
1890
Silver
certificates
United
States
notes
Federal
Reserve
notes
Federal
Reserve
Bank
notes
26,329
26,342
27,029
27,094
133
120
110
100
62
92
National
bank
notes
33
32
31
30
2,162
2,200
2,155
2,127
321
117
316
32,065
29,040
29,071
29,699
29,726
1961
1962
1963
1964
32,405
33,770
35,470
37,734
29,943
31,117
32,592
34,529
30
2,094
2,009
1,847
1,723
318
318
319
321
27,353
28,622
30,292
32,356
73
54
53
37
36
1963-December.
37,692
34,662
1,877
321
32,331
76
37
1964- July
August.
September
37,835
38,014
33,166
34,612
34,765
34,881
19
19
19
1,659
1,625
1,573
319
321
320
32,506
32,690
32,860
73
73
36
36
36
38,373
39,248
39,619 2/
35,051
35,889
36,214
19
13
13
1,460
1,357
1,232
317
297
299
33,147
34,128
34,577
72
38,540
38,593
35,104
35,124
13
289
296
33,588
33,666 6/
31,
.
October.
November.
December.
1965-J8nuary,
February.
End of fiscal
year or month
1957
1953
1959
I960
,
,
1961
,
1962
1963
1964
,
1963-December.
1964- July
August.
September,
,
,
9U
Total
coin
29
20
19
13
V
1,121
1,057
Standard
silver
dollars
318
y
Subsidiary
silver
35
78
72
36
23
23
71
70
70
22
70
22
Minor
coin
(
2,042
2,101
2,215
2,338
253
268
285
305
1,315
1,346
1,415
1,484
474
487
514
549
181.52
179.08
180.20
177.47
2,462
2,652
2,878
3,205
329
360
411
482
1,548
1,663
1,790
1,987
585
629
676
736
176.45
180.98
187.40
196.46
3,030
452
1,872
706
197.54
3,223
3,249
3,285
482
482
482
2,000
2,021
2,048
741
747
755
196.74
197.42
197.95
3,321
198.78
203.09
204.79
198. 99r
3,359
3,405
482
482
482
2,077
2,109
2,U7
763
768
776
1965-January. ,
February.
3,435
3,468
482
482
2,172
2,198
782
788
Circulation Statement of United States Money.
Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve Banks and agents.
The following paper currencies are in process of retirement and are
redeemable from the general fund of the Treasury:
Gold certificates
issued before January 30, 1934, silver certificates issued before
July 1, 1929, Treasury notes of 1890, Federal Reserve notes issued
before the series of 1928, Federal Reserve Bank notes, and national
bank notes. The Treasury notes of 1890 have been in process of retirement since March 1900 (31 U.S.C. 411) upon receipt by the Treasury,
the Federal Reserve Bank notes since June 12, 1945 (12 U.S.C. 445 note),
and the national bank notes since December 23, 1915 (12 U.S.C. 441).
Retirement of the others was authorized by the Old Series Currency
Adjustment Act, approved June 30, 1961 (31 U.S.C. 912-916). The act
authorizes the Secretary of the Treasury to determine from time
to time the amount of currency of the following types which have
been destroyed or lost, and to reduce the amounts thereof on the
books of the Treasury:
Gold certificates issued before January 30,
1934; silver certificates. United States notes. Federal Reserve Bank
notes, and national bank notes all issued before July 1, 1929; Federal
Reserve notes Issued prior to the series of 1928; and Treasury notes
of 1890.
Accordingly, the Secretary of the Treasury has determined
Source:
2/
56
Money in
circulation
per capita
in dollars) 2/
October.
November.
December.
1/
59
57
199.06
that the following paper currencies have been destroyed or irretrievably lost and so will never be presented for redemption:
On October
20, 1961, $1 million of Treasury notes of 1890; on August 27, 1962,
million
$9
of gold certificates, $15 million of silver certificates,
$18 million of Federal Reserve notes, $1 million of Federal Reserve
BarJ< notes, and $15 million of national bank notes; and on November 16,
1964, $6 million of gold certificates, $14.5 million of silver certificates, $100 thousand of Treasury notes of 1890, $24 million of
United States notes, $14 million of Federal Reserve notes, $1 million
of Federal Reserve Bank notes, and $13.5 million of national bank
2/
V
2/
6/
7/
r
notes.
Highest amount to date.
J
Issued prior to January 30, 1934.
I
Includes $428 thousand issued before July 1, 1929.
1
Includes $4 million issued prior to the series of 1928.
Based on the Bureau of the Census estimated population. Through
fiscal 1958 the estimated population is for the conterminous United
States (that is, exclusive of Alaska, Hawaii, and the outlying areas
such as Puerto Rico, Guam, and the Virgin Islands).
Beginning with
fiscal 1959 the estimates include Alaska, and with fiscal 1960, Hawaii.
Less than $500,000.
Revised,
'
i
..
,
April
73
1965
,
MONETARY STATISTICS
.
Table 2.- Monetary Stocks of Gold and Silver
(Dollar amounts in millions)
End of fiscal
year or month
1
I
1963- December.
196i-July
August ,
September
.
:
1
15, 461.
4,116.6
4,306.0
4,414.1
4,394.5
4,346.5
4,317.4
4,315.2
4,220.7
15,513.0
4,265.7
15,461.9
15,460.4
15,463.1
4,214.1
4,207.3
4,179.2
15,461.5
15,335.8
15,387.7
4,121.7
4,090.1
4,067.6
15,185.4
14,936.9
4,053.1
4,041.8
22,622.9
21,356.2
19,70i.D 1/
19,322.2
17,550.2
16,i35.2
15,733.3
1957
1958
1959
'1960
1961
1962
11963
1964
I
Silver
(J1.29+ per
fine ounce)
Gold
(135 per
fine ounce)
October.
November
December.
1965- January..
February.
Circulation Statement of United States Money.
silver monetary stock see Table 4.
Source:
For detail of
1/
See Table
3,
footnote 3.
Ratio of silver to
gold and silver in
monetary stocks
percent)
( in
15.
.
.
,
,
.
Treasury Bulletin
74
MONETARY STATISTICS
Table 4.- Components of Silver Monetary Stock
(in millions of dollars)
Silver held in Treasury
End of calendar
year or month
Silver
bullion 2/
1957
1958
1959
I960
2,212,9
2,245.0
1961
2,237,5
2,139,1
1,981,5
1,538,8
2,251 ,i
2,252,1
1962
1963
1964
196i-July
August,
September
1,819,1
1,788,0
October .
November
December,
1,648.9
1,591.3
1,538,8
1965-January,
February.
1,488,1
.
,
Silver
dollars
Subsidiary
coin 2/
219.0
202.7
182.3
161.2
8.2
14.9
3.2
2.6
130.1
94.0
28.5
3.0
1,734.4
1,447.2
Silver outside
Treasury
In Treasurer's account
Securing silver certificates 1/
3.0
3.0
Source:
Circulation Statement of United States Money; Office of the
Treasurer of the United States.
1/ Valued at J1 .29+ per fine ounce.
2/ Includes silver held by certain agencies of the Federal Government,
Silver
bullion 4/
Silver
dollars
]_/
Total
silver
Subsidiary
coin
^
at i^ .39+
per fine
ounce
92.3
148.3
127.4
88.2
269.3
285.4
305.5
326.5
1,402.6
1,446.2
1,513.4
1,576.0
4,185.4
4,362.5
4,382.7
4,375.6
3,6
3.4
3.7
4,7
24.
29.
18.
11,
357.3
392.5
456.3
481.8
1,650,5
1,756,0
1,887.2
2,161,2
4,308.6
4,318.2
4,265.7
4,067.6
5.8
7.4
11.3
19.
19.
18.
481.8
481.8
481.8
2,008,5
2,032,6
2,056.4
4,214.1
4,207.3
4,179.2
18.6
15.4
11.8
481.8
481.8
481.8
2,088.3
2,121,1
2,161,2
4,121.7
4,090.1
4,067.6
9.4
14.4
11.9
15.0
481.8
481.8
2,192,4
2,221.1
4,041.8
2/
4/
4,053.1
Valued at $1.38+ per fine ounce.
Includes bullion at cost, bullion valued at $1 ,29+ per fine ounce
held for coinage, and bullion valued at $1 .38+ per fine ounce held
for recoinage of subsidiary silver coins.
April
1965
75
.EXCHANGE STABILIZATION FUND.
Table 1.- Balance Sheets as of June 30, 1964
p,
and
June 30, 196ip
Assets:
Cash:
Treasurer of the United States, checking accounts
Federal Reserve Bank of New York, special account
In^rest fund
Total cash
,
,
,
,
Special account of Secretary of the Treasury with
Federal Reserve Bank of New York - Gold
Foreign exchange due from foreign banks: 1/
Banco Central de la Republica Argentina
Oesterreichische Nationalbank
Banque Nationale de Belglque
Banque Nationale de Belgique (I.M.F.)
Banco do Brasil
Bank of Canada
Banco Central de Chile
Deutsche Bundesbank
Deutsche Bundesbank (I.M.F.)
Banco Central de la Republic Dominicana
Bank of England
Banque de France
Banque de France (I.M.F.)
Banca d' Italia
De Nederlandsche Bank
De Nederlandsche Bank (I.M.F.)
Sveriges Riksbank
Sveriges Riksbank (I.M.F.)
Banque Nationale Suisse
Bank for International Settlements
,
,
,
,
,
,
,
,
,
,
,
,
,
,
,
,
,
,
Investments in:
U, S, Government securities
,
Foreign securities
,
Accrued interest receivable
,
Accrued interest receivable - foreign agreements
Accounts receivable
,
Deferred charges
,
Office equipment and fixtures
Less allowance for depreciation
,
,
Land and structures
Total assets
,
Liabilities and capital: 2/
Accounts payable:
Vouchers payable
Enqjloyees' payroll allotment account, U.
Miscellaneous
,
S.
savings bonds
Total accounts payable
Special deposit accounts
Advance from U, S, Treasury (U. S. drawings on I.M.F.)
Capital account
Deduct subscription to International Monetary Fund
Net income
(
see Table 3)
Total liabilities and capital
$366,183.97
December 31, 1964,
December 31, 196^p
76
Treasury Bulletin
.EXCHAHdE STABILIZATION FUND.
Table 2.- Current United States Stabilization Agreements, December 31,1964
Date of agreements
Country
Original
(Effective)
Renewal
Original
agreement
Expiration
Repayments
(
Argentina
June
Brazil
Chile
7,
1962
May
16,
1961
May
15, 1963 1/
pan.
31,
1963
JMar. 13, 1964
Jan.
Feb.
30, 1964
13, 1965
Dominican Republic
Aug. 10, 1964
Aug.
10, 1965
Mexico
Jan.
Dec.
31,
1/
1,
1964
Mar.
27,
1963
Oct.
6,
1963 1/
1965
No further drawings permitted after expiration.
Table 3.- Income and Expense
y
$50
10
15
6.3
75
In millions)
$50
..
.
April
,
1965
77
.INTERNATIONAL FINANCIAL STATISTICS-
Table 1.- U. S. Gold Stock, and Holdings of Convertible Foreign
Currencies by U. S. Monetary Authorities
(
In millions of dollars)
Gold stock 1/
Total gold stock
and foreign currency
holdings.
End of calendar
year or month
Treasury
Total 2/
Foreign
currency
holdings 2/
1953
195i
1955
1956
1957
22,091
21,793
21,753
22,058
22,857
22,030
21,713
21,690
22,781
22,091
21,793
21,753
22,058
22,857
1958
1959
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
15,808
15,903
15,513
15,388
15,596
15,471
212
432
April.
May
June
15,990
15,991
15,946
15,805
15,461
15,462
15,463
15,461
15,550
15,727
15,693
15,623
440
264
253
182
July
August. .
September
October.
November.
December.
15,840
15,890
15,870
15,702
16,324
15,903
15,462
15,460
15,463
15,461
15,386
15,388
15,629
15,657
15,643
15,606
15,566
15,471
211
233
227
96
758
432
15,572
15,2?n
15,128
15,185
15,208
364
14,<337
U,a°3
14,563
14,638
1963
196i
,
196i.-March
1965-January.
.
Februflry
March p,
2: ,949
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
net operational receipts in U.S. dollars.
On March 31, 1965, the net
balance of these three amounts was $700.9 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
Note:
1/
2/
2/
p
Fund with the right of repurchase, the proceeds of which are Invested
by the Fund in U.S. Government securities; as of March 31, 1965,
Of this amount, the United States purthis amounted to $800 million.
chased $200 million in 1956, $300 million in 1959, and $300 million in
1960.
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 Nonmarketable Notes and Bonds
Issued to Official Institutions of Foreign Countries
Amount outstanding
End of calendar
year or month
Payable in foreign currencies
Total
Belgium
Germany
490
Italy
Switzerland
,
.
78
Treasury Balletiti
,
INTERNATIONAL 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 represent net sales by the United States; positive figures, net purchases)
Calendar year
1963
Area and country
I960
Western Europe:
Austria
Belgium
Denmark
France
Germany
Greece
Italy
Netherlands
Spain
Switzerland
Turkey
United Kingdom
Bank for International Settlements
Other
1962
1963
196i
-55
-40
-32
-1U
-143
-63
-82
-U1
-15
-173
-35
-23
-10
100
-25
-156
-125
-2
-306
-23
-405
-225
-101
-3i.
-146
-3
-7
-754
-1,105
-1
-i7
-249
-1U
-324
-6
.
. .
Total Western Europe
-550
-36
-28
-1,718
Total Latin American Republics
Asia:
Japan
Other
Total Asia
-19
-130
-81
102
-1
-387
200
-60
-32
2
1
-5
329
618
131
-399
-88
190
-50
-2
-6
-20
-15
-90
-2
85
57
38
-30
-6
-1
-11
-7
-12
-5
4
-100
-109
175
32
-15
-97
-101
-93
-113
-101
-93
12
-3
-36
-10
-833
-392
-36
-833
-392
-36
72
-30
54
10
28
56
-3
-4
Africa:
Total Africa
-35
Other countries:
Total other countries
-3
Total foreign countries
-1 ,969
International and regional organizations
Grand total
Dec.
15
-456
Canada
Latin American Republics:
Argentina
Brazil
Colombia
Mexico
Peru
Venezuela
Other
Oct.-
1961
300 1/
-1,669
-970
150
-820
1964
Jan.Mar
Apr.June
July
Sept.
Ocl.Dec.
\
April
1965
79
.INTERNATIONAL FINANCIAL STATISTICS-
Table 4.- Estimated Gold Reserves and Dollar Holdings of Foreign Countries
and International Institutions i/
(Position at end of period in millions of dollars)
1962
1963
December
Area and country
Gold and
shortterm
dollars
1964
December
U.S. Government
bonds
and notes
March
Gold and U.S. Government
Gold and
bonds and notes 2/
shortshortterm
3n basis of On basis of term
dollars i960 survey 1963 survey dollars
September
June
U.S. Gov- Gold and
ernment
shortbonds
term
and notes dollars
December
U.S. Gov- Gold and' U.S. Gov- Gold and U.S. Govshortshorternment
ernment
ernment
bonds
term
and notes dollars
term
bonds
and notes dollars
lestern Europe:
Austria
Belgium
Denmark
Finland
France
Germany, Fed. Republic of..
Greece
Italy
Netherlands
Morway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Other 2/
Total Western Europe
anada
783
1,542
159
134
3,744
6,409
196
3,627
1,829
155
16
2
901
1,791
253
160
911
1,782
2
1
13
14
«
1
1
4,653
6,884
265
3,146
1,961
164
688
778
1
2
93
591
133
83
83
48
3,726
136
3,967
369
129
75
28,916
708
30,433
4,057
389
02
623
t7l
3,575
165
4,191
481
3
1
87
1
370
3
3
902
1,832
259
176
14
4,709
6,811
7
1
1
239
1
1
2
4
131
126
1
«
2,927
1,898
135
689
807
610
3,528
135
1
4
131
2
130
77
«
289
167
14
5,003
6,616
227
3,039
1,824
188
687
839
615
3,737
129
4,153
514
7
947
1,821
352
174
5,093
1
6,437
#
225
3,225
1,964
205
721
2
972
2
130
77
733
3,653
123
90
78
402
48
4,222
462
402
30,761
822
31,329
753
686
3,863
695
4,245
49
328
46
559
380
49
779
741
30,420
800
687
3,555
3,674
453
452
329
329
181
244
11
837
91
230
277
,017
424
294
227
238
361
3,
1
1
5
131
14
1
7
1
1
4
101
49
atin American Republics :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama, Republic of
Peru
271
429
178
205
16
626
98
152
Uruguay
Venezuela
Other
231
231
12
808
129
215
284
806
336
992
424
Total Latin American
Republics
3,398
186
13
2
10
4,063
14
386
330
224
226
10
808
89
271
280
11
463
817
105
271
276
1,057
487
1,076
465
4,132
4,207
4,165
sia:
Thailand
Other
288
72
2,484
215
437
1,491
Total Asia
4,987
India
Indonesia
Japan
Philippines
frica;
South Africa
United Arab Republic
(Egypt)
298
237
2,882r
260
546
230
529
42
41
l,893r
38
1,944
42
l,995r
45
50
5,564r
51
47
5,779r
44
5,848r
48
6,053r
51
671
Other Africa 4/
188
296
Total Africa 4/
1,101
1,155
513
670
645
10
198
293
196
287
10
196
288
14
10
1,161
10
1,128
10
1,119
1^
373
308
25
635
:
Australia
Other 4/5/
Total other countries
foreign countries
ntemational and regional 6/
rand total
77
2,757r
40
540
otal
307
63
311
81
2,758r
232
486
1,687
188
373
ther countries
302
83
2,773r
337
287
29
313r
30
26
624
29
701r
30
26
43,083
1,199
45,721r
1,568
1,524
6,958
1,213
52,679r
2,781
7,349
911
50,432
2,110
384
350r
26
392
358r
25
734r
26
750r
45,728r
1,570
46,352r
1,596
47,279r
1,218
7,067r
1,170
7,294r
1,063
7,499
2,742
52,795r
2,740
53,646r
2,664
54,778r
681
bonds
and notes
Treasury Bulletin
80
.INTERNATIONAL FINANCIAL STATISTICS.
Table 5.
.
April
1965
81
CAPITAL MOVaffiNTS
"Short-term" refers to obligations payable on demand
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935,
deduction of any offsets.
pursuant to Executive Order 656O of January 15, 193A, Execu-
having an original maturity of more than one year, and in-
tive Order 10033 of February 8, 19-^9, and Treasury regulations
cludes securities having no contractual maturity.
promulgated thereunder.
Information on the principal types of
"Long-term" refers to obligations
Exclusions
data and the principal coiontries is reported monthly, and is
The data published herein do not cover all types of
Supplementary
capital movanents between the United States and foreign
published monthly in the "Treasuiy Bulletin."
information is published less frequently.
Reports by banks,
countries.
The data reported to and published ty the Treasury
bankers, securities brokers and dealers, and nonfinancial
Department exclude entirely the intercompany capital trans-
business concerns in the United States are made initially to
actions of business enterprises in the United States with
the Federal Reserve Banks, which forward consolidated figures
their own branches and subsidiaries abroad or with their for-
These statistics are consolidated by the
eign parent companies; such transactions are reported by
to the Treasury.
Treasury and published as promptly as possible.
business firms to the Department of Commerce.
Data on the
tion of the statistics have been revised a number of times.
capital transactions of the United States Government and on
shipments and receipts of United States currency are also
The most recent revision became effective with reports covering
excluded from the Treasury reports
The reporting forms and instructions used in the collec-
data as of May 31, 1963.1/
A detailed description of the
.
Certain capital trans-
actions not effected through reporting institutions, such as
content of the statistics, including the changes instituted,
securities transactions carried out entirely abroad, are not
appeared in the July 1963 issue of the "Treasury Bulletin,"
recorded in the Treasury reports.
Consolidated data on all
duced in that issue, not all breakdowns previously published
types of capital transactions are published by the Department
of Commerce in its regular reports on the United States
will be exactly comparable to those now presented.
balance of payments
pages 79-81.
As a result of changes in presentation intro-
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 governments,
central banks, and other official institutions of foreign
countries, wherever located; and international and regional
The liabilities data exclude nonnegotiable, noninterestthe Interbearing special notes of the United States held by
Development
American Development Bank and the International
Association.
foreign
The data on securities transactions and on
nonexclude
notes
holdings of U.S. Government bonds and
nonmarketable U.S. Treasury notes, foreign series, and
series
currency
foreign
bonds,
marketable U.S. Treasury
Table
"International Financial Statistics" section.
(see
organizations, wherever located.
In general, data are reported opposite the foreign
2).
country or geographical area in which the foreigner is domiData pertaining to branches or agencies of foreign
ciled.
official institutions are reported opposite the country to
Presentation of statistics
which the official institution belongs. Data pertaining to
sections.
international and regional organizations are reported opposite
the classification "International," "European regional," or
"Latin American regional," as appropriate, except for the
Bank for International Settlements and the European Fund,
by period; Section
which are included in the classification "Other Western
less
Europe
'
or having an original maturity of one year or less, without
Foreign Exchange
Data collected monthly on the Treasury
published in the "Treasury Bulletin" in three
Forms are
Section
provides a summary of the principal data
II presents data ty country and by period;
I
of the latest availand Section III shows detailed breakdowns
able preliminary data.
are reported
Section IV presents supplementary data which
April 1965
frequently than monthly. Beginning with the
month.
issue, these tablss are published each
."
^
p
1/ copies or the reporting foms and instructions
be obtained f.o. the O^^j" of B.Xanc ,,
Department, Washington, D.C. Ja^aj
the Assistant Secretaiy for International Affairs, Treasury
,
p^^^^^
Statistics. Office of
,
,
82
Treasury Bulletin
CAPITAL MOVEMENTS
Section I - Summary by Periods
Table 1.- 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 United States)
Analysis of net movement
Changes in liabilities to foreigners
Calendar year
or month
19^6
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
,
y
1965^an.-Feb.p
6/.
,
,
Long-term
banking
funds
U.S. Gov't
-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
5.1
Total
Short-term
banking
Long-term
banking
funds
Transactions
in foreign
securities
-64.5
-150.6
-144.3
-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
-2,314.0
-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
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
265.1
39.0
59.8
206.9
-172.8
-1,517.5
-2,725.3 4/5/
-3,161.0
-343.0
-811.6
1,498.8
-126.6
-869.5
-939.6
76.0
Other
domestic
securities
2/
219.1
1,000.8
3,229.6
1,882.9
1,178.7
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
1,822.9
1,858.9
2,569.3
2,486.0
919.0
2,843.8
62.1
236.2
-728.0
670.9
-337.9
-496.9
88.9
U.8
134.8
-73.4
-17.3
-585.8
-223.4
-7.1
-251. Or
444. 4r
-51. 3r
0.4
31.5
40.6
29.6
-26.8
-4.5
-82.9
11.6
-16.5
-97.8
-80.8
-30.2
-37.0
-216.3
-221.3
-257.0
-181.2
-380.7
119.9
-92.6
-179.4
-362.8
2.5
-34.1
-35.1
-19.6
16.4
16.6
-68.2
-2.2
-33.9
-17.2
5.2
-13.5
-66.0
-7.4
-8.7
-8.6
W
-3.8r
499. 8r
281. 6r
11. 8r
578. 4r
-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
-3.0
-220. 6r
427. 9r
6.5r
-33. 9r
565. 7r
383. Ir
129. 7r
8.7
1.9
18.8
l,038.9r
-167.9
936.0r
-164.3
-1.5
-3.2
-7.1
134.7
7.4
-132.8
221.7
-61.6
106.4
3.5
131.3
632. 9r
1/ For an explanation of statistical presentation and exclusions, see
headnote on page 81.
2/ Through 1949, transactions in U. S. Government bonds and notes
include
transactions in domestic corporate bonds.
Data
below
the
line
2/
include changes in liabilities and claims reported
by a number of banks included in the series
beginning December 31,
^
bonds
and
notes 2/
in:
-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
-472. 3r
187. 4r
-232. 5r
-384. 5r
619. 7r
189. Or
-167. 6r
215. 6r
569. 3r
-896. 7r
1965-January p 6/.
February p. .
Short-term
banking
funds
-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
305.4
-866.4
-591.7
1964-February
March
April
May
Jime
July
August
September
October
November
December
Changes in claims on foreigners
Transactions
Net
movement
l°"8-*«™ banking funds during May 1963 reflects the
inclusion
'^ti^r
i"
01 »85.6 million of long-term claims previously
held but first reported
as of May 31, 1963.
V
I
-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
-6U.7
-830.4
Vy
-1,047.9
-1,044.2
-722.6
-460.9
-200.9
-52.2
-146.8
-32.3
-26.1
-12.9
-64.1
-66.4
-109.4
-103.3
-166.7
-115.9
-57.2
33.3
-99.7
-91.2
-27.7
13.5
21.8
-39.2
-728.8
-106.9
-107.8
-125.0
-63.9
-340.1
170.5
-48.0
-30.8
-113.0
-51. 9r
-499.2
-31.7
-554.1
213.5
-137.5
-228.6
-232.3
-469. 6r
-U6.5
-251.0
-113.7
-16.6
-184.3
Change in long-term banking funds during December 1963 reflects the
inclusion of $193.2 million of long-term claims reported by banks for
the first time as of December 31, 1963, representing in part claims
previously held by banks but not reported.
6/ Data below the line on changes in claims reflect the exclusion from the
series beginning December 31, 1964 of short-term U. S. Government claims
previously included; and the addition to the series of claims arising
from the inclusion of claims previously held but first reported as of
December 31, 1964, and from revisions of preliminary figures.
p Preliminary.
r
Revised.
April
1965
83
CAPITAL MOVMENTS.
Section I - Summary by Periods
Table 2.- Banking Liabilities to and Claims on Foreigners
j/
(Position at end of period in millions of dollars)
Short-term liabilities to foreigners
Total
shortterm
liabilities
End of calendar
year or month
1%5
Payable
Foreign countries
Official
institutions
Other
foreigners
Foreign
banks
1962
1963
6,883.1
6,i80.3
7,116.4
7,713.0
7,618.0
8,64A.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
22,532.6
25,018.6
25,937.6
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
10,893.3
11,915.3
12,436.9
2/
2,064.0
2,528.2
2,569.8
2,529.3
2,530.4
2,943.1
3,362.9
3,413.0
3,460.5
4,601.1
4,704.8
5.299.5
5,380.4
5,251.0
5,683.5
1964 2/
28,810.9
13,222.3
7,U3.4
1964-February....
March
April
May
June
July
August
September. .
October
November. .
26,147.9r
25,927.4r
6,148. 5r
5,990. 8r
28,039. 3r
28,975. 2r
12,029.1
11,983.7
11,727.1
11,875.3
12,072.0
12,090.8
12,281.8
12,321.2
12,300.3
12,723.0
28,810.9
13,222.3
1946
19i7
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
,
,
,
,
1961
1961 ^y...
.
December 10/
1965-January p.
February p.
.
3/
1/
e/
26,355. 2r
26,361.8r
26,327.9r
26,893.6r
27,276.7r
27,406.4r
28,749.4
28,855.8
Short-term claims on foreigners
Payable in dollars
12,587.4
12,680.8
2/
K
H
2/
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
International
and
regional
473.7
2,262.0
1,864.3
1,657.8
1,527.8
in
foreign
currencies
25.5
40.6
49.7
70.4
51.0
Total
longTotal
term
shortliabilterm
ities
claims
.9
1.4
4.6
1.0
.7
U.9
1.0
1.2
2.3
1.8
2.7
2.8
1.2
9.9
1.6
4,637.1
72.2
61.4
43.7
43.2
40.3
48.8
59.0
59.4
77.2
:8
113.1
7.5
2.2
150.4
2.2
150.4 ^6/
7.3
143.4 6/
134.1 6/ 69.4
3,358.4
4,973.5
113.3
305.6
6,792.8r
6,652.7r
7,322.1r
7,788.4r
3,069.4
3,110.1
3,147.7
3,106.3
3,134.0
3,131.7
3,160.5
3,235.8
3,249.3
3,301.1r
4,775.7
4,730.6
4,779.9
4,832.9
4,925.8
4,910.2
4,917.3
5,064.9
5,061.4
5,051.4
125.1
112.1
116.7
117.6
123.4
123.1
124.2
131.7
106.2
111.3
73.8
105.3
145.9
154.6
156.5
175.3
173.9
170.7
163.5
298.3
7,143.4
3,358.4
4,973.5
113.3
1
i
6,583.9r
6,429.7r
6,072. 8r
6,637. 8r
7,684.2
7,673.9
2,564.4
3,046.2
3,372.6
3,401.9
1,641.1
1,584.9
1,629.4
1,769.9
1,881.1
1,452.1
1,517.3
1,5U.0
3,158.1
4,011.8
3.751 .7
3,751.7
5,144.5
4,985.9
5,009.5
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 beginning October 1961. Figures for selected dates are as follows:
end 1961, 146.3 million; end 1962, $47.9 million; end 1963, $30.1
million; September 1964, $30.1 million.
^
305.3
308.8
119.2
89.7
UO.l
2/
8/
2.'
10/
392.
708.
948.
1,018,
827.
898,
968,
1,048,
904,
1,386
1,548,
1,945
2,199
2,542
2,624
3,614
4.762
4,820,
5,163.
5,974.
7.473.
Payable in dollars
Loans to:
Official
institutions
73
86
87
85.2
243.0
160.9
176.6
241.9
400.7
350.9
290.3
328.5
328.5
358.9
186.0
223.3
7,578.6 2/222.0
175.7
6,264
161.8
6,372
152.4
6,497
140.0
6,561
167.8
6,901
167.9
6,730
150.7
6,778
159.1
6,809
163.7
6,922
165.2
6,974
223.3
7.473
7,578.61^^22.0
7,365.1
7,502.6
221.9
250.2
Foreign
banks
100,
319.
292.
361.
222.
151.
177.
122.
156,
206
328
405
385
439,
497
524
699
Other
foreigners
Other
claims
2/
2/
2/
2/
2/
245.0
290.5
490.6
104.2
109.8
131.7
109.3
142.0
235.6
330.4
303.0
427.5
460.1
482.1
617.6
622.4
641.8
773.9
1,054.6
1,059.8
790.9
1,089
803.1
1,086
838.1
1,107
865.4
1,138
884.7
1,143
917.4
1,151
941.9
1,175
947.6
1,206
967.6
1,250
980. 4r
1,316
1.373 .6 1,054.6
1,378.8 1,059.8
709.
952,
954.
1,373.
1,378.
1,419.5 1,057.6
1,481.8 1,U6.4
557.1
494.3
328.7
503.4
627.9
451.5
584.1
660.0
883.8
1,121.6
1,076.7
1,098.2
1,837.8
2.531
.1
2,573.9
2,652.9
3,429.4
4,158.8
4,290.4
3,564.0
3>658.8
3,689.8
3,682.1
3,896.9
3,805.4
3,818.8
3,822.0
3,864.1
3, 841. Or
4,158.8
4,290.4
4,051.5
3,983.8
Payable
in
foreign
currencies
47.5
98.1
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
586.3
557.1
630.8
663.5
627.8
Total
longterm
claims
175.
140,
227.
187,
216,
390,
403,
UO.
324,
UO,
670
839
1,173
1,362
1,545
1,698
2.033
2,033
2,160 ,4
3,029. ST/S/
3,971. 4
4,132. 72/
644.1
662.2
709.4
735.3
808.4
688.2
691.6
674.1
676.5
671. 7r
663.5
627.8
3,127.
3,274,
3,306,
3,332,
3,345,
614.6
640.3
4,361.3
4,593.6
4
2
5
7
5
3,409 7
3,476, 1
3,585 5
3,688 8
3,355 5
3,971 ,4
47T37 TIO/
Includes claims previously held but first reported as of May 31, 1963;
as of that date such claims amounted to $85.6 million.
the
Includes claims amounting to $193.2 million reported by banks for
first time as of December 31, 1963, representing in part claims previously held by banks but not reported.
See footnote 10.
line because
Data on claims below the line differ from claims above the
of short-term
of the exclusion as of December 31, 1964 of $58.1 million
because of the addition
U. S. Government claims previously included; and
of long-term
of $162.8 million of short-term claims and $161.3 million
but first
claims arising- from the inclusion of claims previously held
preliminary
reported as of December 31, 1964, and from revisions of
Revised.
r
Preliminary.
p
figures.
5
1
Treasury Bulletin
84
CAPITAL MOVMENTS
Section I - Summary 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)
Corporate and other
U.S. Government bonds and notes 2/
Bonds 2/
Net purchases
Calendar year or month
Foreign countries
Official
414.5
34A.8
282.4
430.0
,236.4
673.6
1946
19i7
1948
1949
1950
1951
1952
1953
533.7
646.0
800.9
1954
1955
1956
1957
1958
1959
1960
,341.1
883.4
1965-January-February p
666.
223.
216.
729.
743.
779.
867.
149.4
206.5
1964-February
March
April
May
June
July
August
September
October
November
December
1965- January p
February p
107.4
18.4
22.5
221.4
20.9
508.5
19.7
16.4
23.2
31.8
92.8
107.0
99.5
1961
1962
1963
1964
684.2
283.3
330.3
333.6
294.3
1,356.6
231.4
728.0
792.7
812.1
1,018.3
718.3
1,187.6
528.0
1,603.0
1,231.5
2,507.9
1,196.2
1,487.1
279.9
77.8
45.2
27.0
304.2
9.3
525.0
117.4
97.2
53.3
68.8
90.3
173.0
106.9
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
Other
-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
-52
36
688
126
512
-728
670.9
-337.7
-73.4
-169.1
273.0
164.9
224.5
532.2
-58.7
16.5
36.0
15.5
26.4
2.6
-26.8
-8.3
19.5
10.5
3.7
.1
1.1
-23.2
-40.0
6.3
3.2
2.9
4.2
3.1
2.1
16.9
-1.4
-13.4
-40.2
2.5
.1
-66.0
-7.4
-15.3
31.8
-521.4
301.8
-315.2
-105.4
.5
.1
.1
-102.
.:
.4
-61.0
-83.7
-21.0
.1
.3
-67.6
-37.8
y
For exclusions see headnote on page 81.
Through 1949, includes transactions in corporate bonds.
1/
£/
Net
purchases
Purchases
2/
74.5
7.5
87.0
117.9
-19.3
9.6
14.7
68.3
-32.7
70.0
369.1
29.6
-26.8
-4.5
-82.9
11.6
-16.5
-97.8
-80.8
-30.2
-37.0
International
and
regional
y
y
y
Wl.l
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
26.9
13.4
37.8
30.3
31.4
53.5
33.9
66.3
36.3
37.0
50.6
43.3
13.6
13.3
y
y
y
y
108.3
y
y
y
y
-.6
141.6
188.5
197.4
283.6
296.0
251.8
258.9
344.0
296.2
392.3
416.
359.0
246.4
284.4
52.1
-21.6
11.7
21.9
21.8
32.6
17.8
30.9
28.3
18.7
27.2
29.3
18.4
19.6
22.4
29.7
-8.5
16.0
-2.3
15.3
6.
28.
35.
51.
17.
72.
50.
-99.2
-51.3
9.3
176.3
-25.3
13..6
22..6
5..6
47..6
9..1
7..7
32..2
23..7
-8.9
-16.4
Net
purchases
Purchases
367.6
226.1
369.7
354.1
666.9
739.8
650.2
432.1
376.7
514.1
375.3
2,224.4
1,976.5
3,067.3
2,260.2
2,724.0
3,076.2
496.3
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
3,425.3
488.4
216.8
260.9
309.8
281.1
259.7
250.5
193.8
231.0
298.4
246.8
245.3
226.8
269.5
242.4
312.0
327.0
278.3
265.7
324.3
243.6
273.9
323.4
273.7
282.6
226.6
261.8
589.1
1,115.1
1,561.2
1,619.5
1,306.4
1,397,. 3
Net
purchases
of
domestic
securities
-64.5
-150.6
-334.2
-1U.3
-192.2
75.2
94^.4
-584.3
314.9
-11.5
149.3
685.2
156.4
141.8
-2.7
1,124.4
378.4
735.7
-668.2
877.8
-510.5
-90.7
-21.2
2.9
120.3
1.0
55.2
135.0
127.5
256.0
142.6
-56.
362.
201.
322.
111.
197.
-349.1
8.0
-25.6
-51.1
-17.3
2.8
-6.0
-73.8
-49.8
-43.0
-24.9
-27.0
-37.2
.2
7.8
-89.1
-4.5
-61.9
-24.1
-66.5
28.2
-84.7
-100.0
-114.7
-47.4
-31.8
-11.0
-74.7
-16.0
Through 1949, included with transactions in U.S. Government bonds
and notes.
p Preliminary.
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
Foreign stocks
Calendar year or month
Sales
1946
1947
1948
1949
1950
755.9
658.7
211.6
321.2
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
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
9U.7
1965-January-February p
1964-February
March
April
>tey
June
July
August
September
October
November
December
1965- January p
February p
p
Preliminary.
98.7
50.8
42.8
70.4
53.4
67.3
70.4
37.4
50.7
251.9
86.2
93.3
48.3
50.4
490.
634.
291.
311.
710.
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
1,837.5
366.2
134.2
40.1
191.6
156.5
111.8
75.9
31.8
96.6
399.5
342.2
220.2
98.0
268.2
Net
purchases
265.5
24.5
-79.8
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
-460.4
-944.0
-1,095.4
-922.7
-267.5
-83.4
2.8
-121.2
-103.1
-44.5
-5.4
5.6
-45.9
-147.6
-256.1
-126.7
-49.7
-217.8
Purchases
65.2
57.1
81.7
88.8
173.8
272.3
293.9
310.1
393.3
663.6
749.2
592.8
467.2
566.1
509.1
595.7
702.0
695.6
748.4
154.5
62.0
66.5
71.0
61.7
63.9
61.2
48.7
49.1
60.3
54.8
72.3
77.1
77.4
Sales
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
Net
purchases
-.4
14.6
-15.0
18.0
-24.4
-76.4
-35.8
6.8
-251.6
-214.3
-126.1
-29.1
548.2
87.9
-336.4
-237.7
-82.6
-370.0
-103.9
51.2
200.3
66.6
35.8
36.0
49.5
49.7
47.1
42.2
32.5
42.5
26.2
30.5
21.5
11.9
16.8
19.0
16.2
6.7
6U.3
59.3
49.6
59.2
U.O
43.9
1.0
5.1
13.0
33.1
33.5
Total
purchases
821.2
715.9
293.3
410.1
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
1,663.2
253.2
112.8
109.3
141.4
115.1
131.2
131.6
86.1
99.8
312.2
140.9
165.7
125.4
127.8
Total
sales
556.1
676.8
385.2
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
2,385.6
454.1
170.0
76.0
241.1
206.3
158.9
118.1
64.3
139.0
458.8
391.9
279.4
142.0
312.1
Net purchases
of foreign
securities
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
-722.5
-200.9
-57.2
33.3
-99.7
-91.2
-27.7
13.5
21.8
-39.2
-146.5
-251.0
-113.7
-16.6
-184.3
April 1965
85
CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners
(Position at end of period in millions of dollars)
Calendar year
Country
1961
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/
255.1
326.0
52.1
90.8
988.7
2,841.6
67.2
1,234.1
216.4
105.2
99.3
153.4
406.4
874.8
25.9
2,226.6
11.6
326.4
4.8
15.7
Total Europe
10,322.0
Canada
2,757.6
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 4/...
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America 4/
^
.
.
^
Total Latin America
Asia;
China Mainland
234.7
228.2
105.3
146.8
42.5
494.7
36.7
84.0
57.0
418.0
228.0
111.0
88.8
14.9
2,340.5
Philippines
Taiwan
Thailand
Other Asia
34.6
55.5
77.7
75.6
63.0
1,671.6
199.5
185.0
92.0
264.4
254.6
Total Asia
2,973.6
Hong Kong
India
Indonesia
Israel
Japan
Korea
Africa;
Congo ( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa 2/
^
Total Africa 7/
Other countries;
Australia
All other j/
Total other countries 2/
International and regional;
International
European regional 2/
Latin American regional
Total international and regional 2/.
Grand total
33.9
93.0
31.7
14.5
110.2
283.3
^
i/
i
Treasury Bulletin
86
CAPITAL MOVEMENTS
Table 2.
,
Section II - Summary by Countries
- Short-Term Banking Claims on Foreigners
1/
(Position at end of period in millions of dollars)
Calendar year
September
1962
1963
196i 2/
7.3
32.2
13.6
30.1
68.2
186.1
6.5
53.6
26.9
35.0
8.8
7.9
25.5
13.3
52.2
69.5
121.2
9.1
10.5
41.8
27.5
85.2
79.0
159.3
9.3
8.6
31.0
16.8
65.2
73.7
127.1
10.2
96.8
33.4
40.3
14.2
25.5
108.9
39.1
42.5
19.0
39.6
47.1
92.2
40.3
33.5
October
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
19.
17.8
75.
41.5
221. i
5.7
/^.
97.4
36.4
318.8
14.8
20.2
17.1
31.1
35.5
81.8
49.0
290.3
20.7
21.8
«
^^
Total Europe
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
19.5
30.1
70.0
48.0
236.8
6.6
22.9
7.9
15.7
20.3
18.5
877.0
939.1
1,216.7
1,064.4
526.1
637.8
180.9
171.3
186.3
210.2
145.4
187.9
17.0
407.9
29.5
85.0
122.2
102.1
65.6
2/
9.2
97.9
188.0
162.5
187.5
207.5
17.5
465.1
34.6
99.5
64.6
113.7
134.5
41.8
8.8
15.8
319.3
16.9
630.5
41.0
101.9
76.5
165.4
222.1
57.7
17.8
19.7
186.7
158.3
196.2
272.6
16.2
569.1
36.6
102.3
62.5
140.2
173.3
42.3
18.3
13.2
1,606.4
1,741.6
2,211.8
1,987.7
1.7
13.5
19.9
1.7
11.0
17.3
1.6
20.4
24.0
38.8
2,492.9
25.1
179.4
7.5
52.7
80.4
2,922.7
131.
American Republics 6/Bermuda
Antilles and Surinam.
America 6/ 7/-
Total Latin America
729.1
674.9
Asia:
China Mainland
Hong Kong
Indonesia
Israel
Japan
,
Korea
Philippines
Taiwan
Thailand
Other Asia
.4
.3
37.0
1,739.9
3.4
70.4
9.3
41.5
80.3
22.3
2,171.4
25.0
113.2
8.0
52.3
70.9
1.6
26.4
21.7
6.8
43.9
2,652.8
21.1
202.3
8.6
63.9
88.0
Total Asia
2,017.2
2,493.3
3,137.0
InHa
Africa:
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other coxintries:
Austral ia
All other 8/
Total other countries 2/
2.4
.1
.6
.6
8/
1.3
2.0
10.3
25.5
15.4
19.3
42.3
8/
28.0
58.7
55.9
2.1
17.9
28.7
51.9
2/
104.2
120.2
101.2
41.1
57.2
48.4
9.3
48.2
10.1
43.5
9.7
136.5
57.7
58.3
58.2
International and regional
Grand total
.7
1.3
5,163.2
5,974.9
196s
196i
Country
.5
7,473.8 2/
6,8
8.6
35.5
15.3
68.9
75.6
172.7
10.4
112.5
40.1
35.9
21.0
27.6
43.2
89.6
31.0
312.0
17.4
26.4
November
December 2/ December
^
January p
February P
j'
87
1965
April
.CAPITAL MOVMENTS,
Section II - Summary by Countrlep
Table 3.- Long-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
Calendar year
1964
Country
1963 1/ 2/
1964 3/
65.4
11.8
101.2
134.8
83.5
10.0
12.9
24.5
80.3
13.4
31.6
53.3
41.7
38.7
135.6
16.4
160.8
1962
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.
September
:
>
1.1
5.0
201.9
26.6
237.8
75.5
48.6
45.2
16.1
10.2
39.1
17.6
Total Europe.
^
Total Latin America
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
109.6
41.8
.7
.8
76.6
1.1
.9
4.8
8.9
1.9
19.9
17.4
1,687.7
577.6
1,100.7 2/
303.6
289.8
272.6
62.0
253.1
18.5
64.3
86.2
267.1
23.4
81.6
167.4
16.3
46.1
61.6
.9
.6
.6
194.9
21.5
13.3
322.4
25.7
453.0
51.2
47.3
26.0
31.3
56.6
166.9
9.8
6/
7.5
71.7
64.2
43.7
4.9
1.7
886.0
1,015.3 2/
36.9
99.6
91.0
35.8
33.8
1.3
1,161.9
3.0
15.0
1.5
24.6
1.6
28.3
27.7
74.3
28.2
248.5
3.2
100.8
1.6
3.7
31.3
24.8
384.7
3.1
138.0
3.4
7.6
31.4
443.5 2/
622.8
.6
3.6
27.4
222.1
Total As ia
50.0
374.3
15.2
265.9
85.8
69.6
37.9
70.4
Africa
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
55.3
64.6
61.8
158.9
.1
1.5
American Republicsi/
Bermuda
Antilles and Surinam
America
6/
132.1
25.2
19.3
Canada
Latin America;
Argentina
Brazil
Chile
Columbia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
57.1
;
Total Africa
Other countries
Australia
All other 7/
14.0
23.9
1.6
7/
15.5
21.2
.1
.5
69.1
86.3
8/
112.9
122.7
43.8
66.9
60.2
7.6
97.6
171.1
67.7
103.4
.8
2/
;
Total other countries 8/.
International and regional
Grand total
28.2
35.0
5.8
.2
.
2,160.4
Treasury Bulletin
88
CAPITAL MOVEMENTS
Section II - Summary 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)
Calendar year
1964
Country
1963
1962
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.
-3,193
-8,231
-U,355
-391
-1,379
188
-iO
2i9
-1 ,i73
-38,758
-16
-154
-126
-112
1,985
588
-2,681
-2,050
175
79
-16
553
50i
38,965
-13
1965
through
February p
1964
November
October
41
-42
-54
1,570
226
6
-28
635
-32,920
-130
34
151
-8
287
222
41
52
-10
414
27
286
46
118
-12
-2
-230
-4
126
183
12
-89,365
3,377
-65,319
1,658
2,168
3,700
-70
-90
-85
-131,512
70,894
-27,589
U9
296,901
15i
-332
-19
-i
-141
64
444
-29,804
Canada
-69,
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
12
-950
48
-236
-52
301
357
1,398
1,467
33
-41
139
266
-65
-335
-41
-329
-244
-227
735
404
-3,005
-186
-39
-i76
-988
-1
-125
9
-11,397
334
-38,615
394
211
639
-2U
4,546
4,800
2,414
152
-831
48
151
,942
716
-9,962
-33,482
3,829
-8,820
3,034
55,223
930
-503
-1,575
-2,114
9,525
-6
185
16
45
-2
5
-3
85,914
1
10
-10
10
-14
5
-798
-9,029
693
-141
268
28
544
1,038
-7,289
39
-7
5
-38
16
-57
42
-20
-10
174
67
-4
-9
-1
319
763
1,068
1,579
1,264
-97
2,1U
-331
99
1
2
-139
17
362
9
48
-1
-99
69
283
-106
2
-1
47
289
29
15
115
12
-57
56
-1
-27
-576
534
-1,086
-100
10
-6
751
-535
-484
500
792
13
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-26
23
Total Africa
26
12
20
-818
-21
-76
-80
-25
-500
4,011
-1,500
10
-i,501
1,694
1,785
-11
42
-2
-74
-5,837
652
1,835
4,005
42
-489
-1,570
-55
-88
153
-1
-1 ,971
1,023
6,805
2,000
-10
6,958
2,000
-1 ,972
Other coimtries:
Aus tralia
All other
-19
2
Total other countries
International and regional:
International
European regional
Latin American regional
Total international and regional.
p
13
]
Africa:
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
1/
339
14
-230
Total Asia
Grand total
9
-17
-«1,527
330,574
-79,8A3
-521 ,370
-727,989
For exclusions see headnote on page 81,
Preliminary.
10
-105,351
-28,783
-307,840
-50
-7,312
301,791
-315,202
670,915
-10
-1
10
537
537
-337,716
February p
23
R
Total Europe
January p
1
5
23
-331
-lU
Other Eastern Europe,
December
-599
98
39,405
247
-19
-8,762
10
September
1965
-83,804
300
19
300
19
-21 ,024
67
10
-67,550
66
45
53
262
-105,351
-83,738
-20,979
120
262
-67,550
-73,470
3,790
-36,997
2,496
-66,041
-30,16
April 1965
89
.
CAPITAL MOVEMENTS
,
Section II - Summary 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)
Calendar year
1962
1963
1965
196i
Country
1965
through
February p
196i
September
October
January p
February p
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.
Total Europe
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 1/
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin America 1/ 2/
Total Latin America
-9
23
-439
-ilO
-1,793
-409
-451
-103
-3
Total Asia
Africa:
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
60
127
-7
-1,123
-263
-4,366
782
-273
2,053
373
460
-4,291
11,196
-19
25
-609
13,574
-7
172,530
-338
235
6
-16
10,674
33,345
-76,249
-51,845
132
917
65
217
687
-70
461
-46
-20
108
81
-1
19
-428
-2,616
-78
no
269
211
11,345
-4
7,616
69
2,654
-19
-927
-1,545
14,304
-110
-334
-1,128
11,258
-6
9,507
1
5
-27
-22
123
91
78
-68
9
-626
-977
-13
-61
20
56
626
359
-19
51
314
-1 131
9
3,887
-81
6
18
172
27
117
-7
33
10
74
108
-1,371
-81
248
-182
-230
-70
-150
38
-420
2,023
-207
194
44
44
-276
-13
-344
84
521
-48
1,411
1,278
-12
-394
-867
8,792
28,098
18,264
104
-3,991
-304
150
87
127
134
6
-5
21
261
-19
63
5
62
-1,736
-25
-794
7
18,612
-8
125
22
-633
-34
708
-264
9
-6.589
19.305
8.128
27.871
21.132
-2,684
-3.905
-16,708
-10,899
-2,084
3,736
1,202
-5,650
-11,058
207
16
-72
44
71
32
-82
230
-31
-920
199
-9
-14
56
-917
36
4
-26
310
-279
-173
-232
12
5
53
8
-16
-6
-2
593
-420
574
-28
-2
129
-86
-1,387
-165
275
12
-425
-206
-43
-20
99
-27
11
380
235
621
-4
-28
-43
3
3
9
11
-15
-4
51
152
-146
-128
-201
-5
182
-1
21
-1
28
-95
-798
-45
-31
9
-79
-1
101
9
-589
-931
-1.318
45
-542
912
1,284
20
-148
179
93
2/
1,786
1,153
796
5,302
-2,135
-2,449
-246
-2
671
6
-10
-12
-29
233
17
-2
-36
-3
56
14
-5
104
-25
334
6
13
262
723
9
3,771
15
8
198
12
31
65
335
406
371
9
179
12
-26
91
393
426
408
138
54
325
-4
-2,705
-2
1,589
-35
289
2/
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-3
585
-23
-400
-251
-6
-18
56
904
3
87
4,905
1,247
-4,702
87
-3
64_
29
102
-8
61
154
-692
6_
589
27
-263
1,181
39
-171
11
1
14
-1
121
25
-2
19
379
64
356
51
6
-12
-3
198
18
2
766
6,143
5,033
y
82
2/
4
52
-19
-21
-4
-4
45
-1
55
-2
-505
-1
87
16
2/
-500
2/
131
12
5
10
-5
339
-203
-504
Total Africa
y
4/
-470
Other countries:
Australia
All other
-11
476
49
166
-4
-4
602
194
12,078
16,190
11,506
136
500
-203
11,506
136
500
339
16,190
416
12,078
9,052
32,159
-8,850
-16,381
y
Total other countries tj ,
International and regional:
International
Europ ean regional
Latin American regional...
Total international and regional.
Grand total
1/
2/
-51,333
9,329
-6
5_
176,292
-25,231
only Bolivia,
Through April 1963 "Other Latin American Republics" include
Latin
Dominican Republic, Guatemala and El Salvador; data for other
American republics included with "Other Latin America."
America.
Through 1963, Bahamas and Bermuda are included with "Other Latin
^^
1,124
416
-U
y
Morocco and "Other
Through 1963, "All other" countries include
4/
include "Total Africa."
Through 1963, "Total other countries"
Preliminary.
p
Treasury Bulletin
90
CAPITAL MOVBffiNTS
,
Section II - Summary by Ctountrles
Table 6.- 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)
1964
Calendar year
Coiintry
1962
1963
1965
through
February p
1964
1965
December
September
January p
February p
Europe:
-202
-3,697
-268
-425
4,852
31,618
12
-2,972
8,504
-898
429
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/.
1,968
-10,960
-641
-891
-9,006
-8,370
-327
5,004
3,075
-1,412
15,595
-371
-1,250
-252
-11
-4,867
247
-120
35
2,009
679
-2,366
-57
-55
-6,206
-153
-81
672
798
-332
-88
42
-204
-19,424
-21
846
-'.25
-5,257
-39
-49
-1,923
-782
-2,467
-24
410
-2,993
877
-270
-1,496
73
40
130
680
217
589
-3,862
117,236
-262
-40,589
-267
-25,393
459
196,896
3,473
-1,304
4,120
-11,580
1,025
643
-36,816
-2,811
-396
6,984
17,050
-2,414
6,127
-145
-2,119
-213,879
-10,684
-176,832
2,170
-2,152
-14
660
-41
-140
113,152
166,037
-421,890
4,529
-35,317
-21,000
-30,054
Canada
32,866
5,132
35,074
3,170
-6,705
-4,630
Latin America;
Argentina
Brazil
Chile
Colombia
120
-1,238
2,566
2,050
1,745
1,900
1,530
533
72
-276
121
260
377
74
1,594
-1,715
2,461
3,007
2,249
1,097
-136
-777
-1,300
897
347
-1,055
1,160
2^
2,369
-1,680
-21,293
56
362
Total Europe.
361
-3,073
-32
10
2,807
995
-234
489
1,852
-419
1,420
-927
-1,252
-1,130
-1,613
8,199
-200
-1,478
61
-15
-115
-148
-15,096
-476
-14,943
-80
90
-15
12
5,365
320
302
-946
-41
-422
-81
68
-26,930
-5,653
12,900
-43
190
-290
-15,038
-104
-23,223
507
-486
-1,019
2
8
2
945
990
109
1,862
-368
1,059
-222
-571
-850
-56
-3,022
1
375
-1
,
-259
-13
7,786
1,049
1,734
2,626
544
207
176
-415
425
42
290
189
-1
51
-588
-1,605
34
-61
765
9
-215
431
-1,952
-6
103
-51
-45
176
-21
254
1,579
-72
-884
-241
82
-700
340
-330
430
123
-231
514
4
-664
528
-307
675
204
^94
6
170
-1
692
3,023
-120
645
190
-1,040
138
-4
121
-221
-142
8,639
26,806
-850
457
-442
351
3,251
-23,249
-118
3,227
lU
-113
802
-240
-404
-25
-54
-948
-6
-4
955
755
65
-229
71
-542
-21
-89
472
615
-45
396
-8
69
6,282
2
11
-1
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
77
738
515
103
-5
-71
147
3,345
670
204
35
10
115
60
Total Asia.
-18,279
10,915
American Republics 2/
Bermuda
Antilles and Surinam.
America 2/ 1/
,
,
Total Latin America
y
8,760
-2,796
552
1
,
-3,257
-2,614
4,910
1,138
2,703
7,056
-127
-1
-1 219
-43,590
23_
-135
-297
97
-74
935
43
-185
-737
-23
-184
-6,029
3,881
-1,290
-21,587
3,017
-789
5
-343
359
1,172
-51
361
-705
-681
-280
-1,557
11,221
-200
18
690
-20
560
-26
-38
-964
747
-72
-81
-1,850
-125
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
-465
-1,577
-105
-1,659
1
-71
-264
312
116
391
80
1
306
-80
988
-154
619
-2,190
205
Asia;
China Mainland
Hong Kong
India
Indonesia
,
,
,
,
Israel
Africa;
Congo ( Leopoldvllle)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa
Other countries;
Australia
All other ij
Total other countries
^.
International and regional;
International
European regional
Latin American regional...
Total international and
regional
Grand total
i;
3/
-52
y
213
-61
y
34
416
62
-99
-240
-170
4,032
172
-202
-18
367
-133
-1,096
5,122
140
26
y
-199
64
768
171
423
-47
2
56
10
-132
-3
-32
-16
-16
-5
20
-11
16
83
6
104
81
131
2
1
4
4
1
89
-25
-1
-203
-169
721
25
14
507
4
128
375
-33
-20
36
-2,146
1,524
1,519
190
-19
159
25
159
83
-3
-17
-6
18
11
11
-41
2
23
31
5
2
-6
-10
158
77
2
331
1
-199
331
9
8
-10
-6
-45
123
208
222
629
-12
12
-39
47
381
248
-107
-627
130
-15
-284
-28
45
-221
-236
-17
-87
-13
186
53
-113
-68
-171
982
-497
-299
-457
-104
173
-60
-239
6,073
-14
664
62
320
979
338
326
i/
y
y
63b
-533
203
4,481
10
60
-3
-7
61
223
5,959
-115
731
21
6
10
4,481
5,844
6,059
664
731
62
320
979
338
326
111,130
197,549
-349,104
7,983
-42,975
-24,931
-26,958
-37,216
199
7,784
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
y
p
Through 1963, "All other" countries include Morocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
April
1965
91
.
CAPITAL MOVEMENTS
,
Section II - Summary by Countrlep
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
1964
Country
1965
1965
1962
1963
196i
-;,ou
3,269
281
-4,133
-25,017
16,817
13,435
10
-24,509
-8,909
-17,379
through
February p
September
October
January p
Europe:
Austria
Belgium
DeniDark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/.,,,
n. S. S. R
Other Eastern Europe 1/ 2/,
Total Europe
Canada.
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
-2,051
-10,111
-36,191
606
-37,252
-19,018
-459
9,50i
30,920
-23,437
24
2,572
-338
29,212
28
27,579
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
-3,973
6,313
10,321
86,881
137
1,002
852
2,299
3,209
-3
-2,691
-1,124
-la
-20,124
14
1,600
7,094
-7
2,759
180
453
-457
218
2,010
649
2,778
1,433
-412
1,152
1,799
-45
3
-1
-2,869
1,362
-14,838
-2,605
64
262
7,274
-11,421
-1,044
4,970
-43
5,883
-147
3,211
-884
3,7W
4,219
124
-15,601
-23,647
484
-2,704
18,555
-6
332
-1,402
3,039
-6
-1,317
-5
-11
-19
-13
-10
-12
-48
-44,018
-43,675
77,416
-6,542
-6,538
11.436
14.909
-434,047
-744,318
-768,153
107
4,086
1,518
408
9,124
3,298
11,107
2,871
1,093
3,205
-9,719
6,232
208
64
652
1,576
69
-1,169
-352
165
-106
-94
541
2,349
-63,325
13
247
562
-134.662
-40,717
63
52
386
911
10,021
4
99
-50
1,574
-5,694
3,142
-23,413
-8,325
-23
1,679
1,923
456
-6,326
-12,168
1,631
-9,974
-41,596
218
103
3,282
868
-16,222
-1,423
220
1,243
-34,671
-25,734
-35,026
-1,452
1,043
11,671
1,046
-63
1,497
-1,402
1,418
168
-295
4
-1
-90,649
6,769
-14,802
1,333
-3,922
2,997
-4,457
123
-9,859
-U,250
-10
-9,472
7,500
2,181
391
-196
7,500
1,595
9U
-25,910
-963
-5,006
-6
-9
4,636
-1
2,323
2
-3
-3
806
129
336
2,013
9
V
4,395
45
101
195
-40
-661
190
1
Asia:
China Mainland.
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
-49,149
-94,191
-700
.,
Total Asia.
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa.
Other countries;
Australia
All other
V
Total other countries 6/.
International and regional:
International
European regional 1/
Latin American regional.
Total international and
regional
Grand total
416
9,257
22
U2
5
Total Latin America
29
-1
-3
-12,867
-8,465
American Republics 2/
Bermuda
Antilles and Surinam.
America _2/ 4^
12
1,304
135
85
3,386
3,748
16
-8,725
-184
1,014
315
1,000
-1,518
-4, 228
-1,792
1,052
2,509
13,060
-147,484
-177,251
301
V
1/
9,435
13,279
-1
50
-33,
y
^
57
-8
y
6,943
865
113
2,346
-34,383
-27,320
-22,243
5,019
18,207
2,836
2,698
1,118
5,356
613
-43,124
-7,789
21,093
2,712
1,123
5,969
-166, 347
-105,270
8,597
23,850
-17, U5
-174,113
218
-18
103
3,336
3,239
5,000
-74, 285
14_
5_
-H7,506
-235,632
-96,673
-141.101
-173,895
6,625
-943,976
1,095,440
-922,742
-267,547
-147.553
_L
-40
12
194
February p
Treasury Bulletin
92
CAPITAL MOVMENTS
Table 8.
-
,
Section II - Summary by Countries
Net Transactions In Foreign 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
1965
196i
1965
through
February p
Country
September
1962
1963
-19
-7,832
5
11
20
2,474
9,562
-251
25
64
797
-10
198
AD
-39,509
-13,7i7
-i9i
3,395
-66,07i
-491
285
-832
-266
-28,404
-20,675
26,621
-3,167
1,937
-1,904
1,065
205
64,223
1,029
-103
-5,760
3,530
-12,538
-1,607
21,267
62
-252
-121
22,852
40
2,739
-21
-43
-121
128
-473
196i
October
November
December
January p
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/
-20,9W
-18
4.,081
6,881
-202
4,604
-4,340
487
40
-1,918
405
-10,316
-86
25,012
-1
-1,292
123
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/
27
8,291
-52
-25
-5,032
787
-5,560
-1,5U
-111
157
476
-934
-4
49
306
16
-19
11
23,391
1,209
-9,918
-366
-6,684
11,039
40,620
5,782
9,299
5,897
16,887
19,955
-15
-13
99
-5
106
54
75
-29
-23
16
60
52
-14
-46
128
44
4
81
-11
-3
-347
-26
-11
9
-11
-215
-113
-700
106
10
-6
818
-60
-183
554
-62
34
-498
-70
214
-427
11
-456
-90
-7
-94
41
-54
-254
-375
-15
-1,095
799
-420
84
34
-3
-1
94
-3
48
519
875
75
-167
492
2U
8
-1,857
-62
187
-326
88
113
71
-502
-50
616
-605
-7
95
59
555
-6,077
203
-697
-955
-524
788
-82
-486
-47
504
656
-46
130
-2
-210
-181
-1,510
-5,312
11,232
141
2,623
-2
127
-74,893
19
1,217
124
-6
-16
-198
494
-8
331
3
476
37
-1
1
15
-4,030
-68,958
202
-367
-210
-27
-512
17
V
y
Total international and regional.,
583
-76
-4,U7
-27,758
,
75
89
381
-996
811
Total Asia
,
-3,820
-387
214
1,972
-864
72
-66
-2
-27
-515
,
231
-57
2/
722
-8
-4,319
Total Africa
2/
1,423
-9
-7
-110
11,168
20
-602
"
-48
-29
34
251
-628
4
-1,566
85,641
1,128
-425
172
99
2/
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
1/
6
-33
62
-455
-1,339
1,625
103,669
Africa;
Congo (Leopoldville)
S/
-29
517
-1,161
-2,990
-272
-4
-5,381
-22,206
Grand total
3
-38
1,701
130,041
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
^
271
620
-508
-4
704
-11,492
1,237
-2
-509
659
-26
74,254
-91
-1,425
1,385
Asia;
China Mainland
Total other countries
27
-2
11
-10
-143,717
-356
-1,684
-284
-960
Total Latin America
International and regional;
International
European regional
Latin American regional
1
-357
1
Total Europe
V
3
226
-18
Canada
Other countries;
Australia
All other
-54
-492
1
63
454
16
387
20
1,379
1,939
78
-22
5
231
-58
-365
3
-6
-10
172
6
7
3
540
-5
30
2
-11
-1
-16
7,301
2,552
71
345
405
1,567
2,024
1
-2
-19
12
-63
-153
2
1
14
-13
-11
-222
-21
-21
-747
-906
-501
3,861
2
533
-6
208
33
369
33
971
-2
62
-656
4
525
-1
-1,640
201
3,894
969
64
527
241
373
524
1,056
1,073
679
55
58
32
83
21
1,056
-103,882
1,073
679
55
58
2W
200,265
66,628
6,666
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 America.
V
V
p
1,036
32
83
21
5,122
13,028
33,122
Through 1963, "All other" countries include Morocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
1965
April
93
CAPITAL MOVMENTS
Table 9.
,
Section II - Summary by Countries
Estimated Holdings of U. S. Government Bonds and Notes
-
(Position at end of period in millions of dollars)
On basis of I960 survey
On basis of 1963 survey
Country
1961
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.
30
2
3
3
126
1
1
93
83
«
R
Other Eastern Europe.
Total Europe
SAS
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexi CO
Panama
P eru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
459
5
1
1
1
1
American Republics..
Bermuda
Antilles and Surinam
America
Total Latin America
Asia:
China Mainland.
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
2
3
U
31
1
6
1
1
3
. .
Total Asia.
1
5
«
38
56
Africa:
Congo
( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
12
Total Africa
12
Other countries:
Australia
All other
Total other countries.
International and regional:
International
European regional
Latin American regional
Total international and regional.
Grand total
1962
1963
1963
196<;
1965
196^
December
September
December
January p
February p
Treasury Bulletin
94
CAPITAL MOVBffiNTS,
Section III - Preliminary Detalle by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners as of February 28, 1965
1/
(Position in thousands of dollars)
Short-term liabilities payable in dollars
Country
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greec e
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total
shortterm
liabilities
U.
U. S.
Total
Deposits 2/
Short-term
liabilities
payable
To ell other foreigners
To foreign banks and official institutions
S.
Treasury
Deposits 3/ bills and
certificates
Treasury
bills and
certificates
in
Other
foreign
currencies
:
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
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
268,937
i58,060
33i,225
126,045
1,56^,510
1,397,537
151,813
1,570,325
339, -W8
17i,273
267,126
336,924
720,834
1,306,435
20,557
2,080,141
17,080
323,486
2,437
24,465
265,301
414,057
324,714
123,186
1,505,160
1,850,277
128,370
1,534,135
316,496
142,551
192,992
293,740
704,474
1,153,258
18,213
1,520,314
16,211
308,318
2,155
22,727
112,913
161,408
64,213
97,799
322,872
253,331
60,674
311,796
90,100
72,863
188,801
260,218
125,851
348,734
17,978
1,288,171
7,429
60,175
1,963
20,349
61,800
139,183
188,200
19,443
990,019
1,442,000
27,500
1,183,343
211,350
18,565
44
90,588
113,466
72,301
5,944
192,269
154,946
40,196
38,996
15,046
51,123
4,191
2,822
78,023
512,199
235
67,116
3,032
149,024
192
2,334
1,738
3,445
38,795
8,766
2,842
50,935
36,290
23,175
32,696
17,161
30,891
73,748
40,631
14,267
91,268
2,344
155,897
869
13,261
282
1,711
11,984,658
10,836,649
3,867,638
5,374,968
1,594,043
1,084,752
639,274
30,047
415,431
2,949,118
2.696,585
1,937,139
748,751
10,695
242,794
189,000
31,107
22,687
300,928
301,595
161,005
194,401
9,725
709,101
110,364
243,639
119,200
714,416
430,402
207,377
114,433
17,526
111,212
209,760
48,953
95,160
1,030
429,297
14,196
129,172
25,462
358,714
261,615
110,905
47,136
2,860
99,263
200,081
47,447
93,180
1,030
250,818
13,387
129,009
24,285
327,442
173,600
100,466
28,376
1,745
10,188
1,761
9,604
1,506
186,771
90,848
109,199
96,797
8,600
268,146
81,852
113,525
87,716
353,723
165,555
80,921
45,080
13,689
12
280
208
2,614
2,434
65,179
809
163
1,177
16,272
46,465
9,771
7,104
1,115
189,497
91,717
112,021
99,241
8,695
278,258
94,319
114,440
93,719
355,632
168,261
96,019
67,294
13,796
2,714
75
3,634,112
1,845,472
1,490,129
162,906
1,782,909
1,702,422
34,829
100 , 362
29,288
47,715
37,220
26,710
83,480
,651,819
108,291
190,390
182,597
190,212
383,576
20
70,024
29,965
134,060
2,733,199
111,443
258,808
230,100
483,977
616,011
29,308
53,960
56,395
28,400
128,328
2,707,354
109,907
215,092
220,811
480,042
542,024
4,802,778
4,571,621
33,055
8,418
62,127
27,632
145,117
30,700
500 600
292,325
,
165,027
5,750
99,119
1,980
113,300
15,000
41,550
668
11,656
192,437
3,629
43,806
9,448
2,842
56,076
44,515
23,442
33,967
22,894
31,591
74,118
43,086
16,184
149,649
2,344
509,132
869
15,140
282
40
532
243
144
4,479
439
2,839
1,674
91
552
5,208
2,302
6,551
267
855
4,168
49
338
2,364
1,365
53,173
15,947
337,288
230
1,649
416
1,565
651
32
27
10
95
2,489
1,096
213
20
334
621
4,939
4,436
589
7,623
11,371
702
5,983
1,575
2,085
10,159
17,778
50
57
14,803
65,684
42,229
12,410
1,565
5,708
23,584
1,536
43,515
9,264
3,929
72,128
2,083
2,053
4
:
Total Asia
Africa :
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
Total Africa
Other countries
Australia
All other
International and regional :
International
,
European regional
Latin American regional
Total international and regional,
1/
2/
6,461
97,682
488
918
2,931,298
1,079,615
560,708
229,021
221,389
2,646
4,986
31,009
4,805
46,742
26,886
108,752
26,905
4,346
43,491
16,628
62,356
3,600
3,000
8,550
33,530
504
459
251
1,708
12,866
2,046
3,613
13,865
743
32,469
2,046
2,802
13,765
743
31,427
100
56
986
276,349
218,194
153,726
48,680
15,788
52,736
50,783
156
1,797
177,444
21,801
168,317
17,840
70,390
7,952
88,750
2,467
9,177
7,421
5,927
3,739
5,351
3,589
150
199,245
186,157
78,342
91,217
16,598
9,666
9,440
209
17
4,842,213
17,454
149,848
4,841,687
17,454
149,821
290,495
16,698
21,690
4,346,192
526
526
12,231
205,000
756
115,900
27
27
5,009,515
5,008,962
328,883
4,358,423
321,656
553
553
28,855,775
25,363,640
10,787,155
11,894,091
2,682,394
3,402,431
2,812,861
78,968
510,602
1,000
1,500
23,557
700 , 228
9,195
190
21,291
355,307
1,616
15,507
38,
2U
5,521
75
24
1,826
130
25
6
811
:
Total other countries
Grand total
283,369
60,766
5,521
46,365
12,414
1,565
5,732
25,485
1,536
43,645
9,289
3,935
73,534
6,245
13,175
For exclusions see headnote on page 81.
Grand total includes «6,731,388 thousand of demand deposits and $4,055,767
thousand of time deposits, but excludes negotiable time certificates of
deposit, which are included in "Other."
y
59
Grand total includes $1,507,020 thousand of demand deposits and
$1,305,841 thousand of time deposits, but excludes negotiable time
certificates of deposit, which are included in "Other."
April
1965
95
CAPITAL MOVaiENTS
.
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of February 28, 1965
1/
(Position in thousands of dollars)
Short-term claims payable in dollars
Loans to:
Total
shortterm
Country
Foreign
banks and
official
institutions
claijiis
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.
.
Total Europe
Canada
9,093
71,33i
19,886
76,047
79,867
210,517
8,571
122,516
44,069
40,873
26,045
25,395
44,927
117,480
32,237
215,387
1,546
27,399
1,293
14,341
14,782
38,755
78
38,010
15,117
17,090
3,230
6,536
5,915
26,299
30,364
18,163
10,104
2,434
61,336
17,129
75,859
59,713
149,181
8,455
110,085
35,040
39,736
25,227
24,500
37,512
85,660
32,235
106,063
14,964
20,310
U,989
20,712
37
5
22,970
22,959
9,516
1,202,952
934,249
281,022
766,513
514,
6U
35,757
205,452
116,210
153,055
303,984
16,283
678,143
53,088
110,762
83,287
153,331
226,458
60,891
205,355
116,131
152,832
298,242
16,256
644,009
53,040
110,690
83,233
157,098
226,161
60,770
25,951
31,026
29,772
71,592
292,354
24,321
16,360
37,424
40,715
40,845
7,799
America
18,102
19,056
18,102
18,957
979
1,009
Total Latin America
2,203,102
2,160,926
620,147
777
20,627
16,204
7,270
39,545
2, 687,789
20,197
207,323
14,950
70,149
79,304
772
20,566
15,870
7,270
38,285
2,619,189
20,197
207,116
14,950
70,143
78,553
728
7,756
6,156
17,236
544,318
12,578
111,565
5,098
19,292
24,933
3.164.135
3.092.911
750,740
791
791
1,538
28,952
68,031
1,538
13,244
28,619
67,816
14
116
825
11,799
29,765
113,656
112,008
39,118
12,385
34,672
12,128
51,503
46,800
175
175
Latin America!
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other lAtin
Bahamas and
Netherlands
Surinam
Other Latin
American Republics.
Bermuda
Antilles and
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:
Australia
All other
Total other countries....
International and regional:
International
European regional
Latin American regional,.
Total international and
regional
Grand total
U,3U
2
2
590
5^0
767
767
7,502,623
6,862,305
580
42
Other
Collections
outstanding
for own
account and
domestic
customers
Acceptances
made for
account
of
foreigners
Short-term claims payable in foreign currencies
Total
Deposits of
reporting
banks and
domestic
customers
with
foreigners
Foreign
government
obligations
and commercial and
finance
paper
Treasury Bulletin
96
CAPITAL MOVMENTS
Section III - Preliminary Details by Countries
Liabilities to and Claims on Foreigners as of February 28,
3.Banking
Long-Term
Table
1965
April 1965
97
CAPITAL MOVMENTS
,
Sect Ion III - Preliminary Details by Countries
Table 4.- Purchases and Sale 6 of Long-Term Securities by Foreigners During February 19651/
(In thousands of dollars)
Purchases by foreigners
Domestic securities
Country
Total
U. S.
purchases Government
bonds and
notes
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
n.S.S.R
Other Eastern Europe.
8U
7
21 ,070
10 ,126
305
5 ,026
25 ,3i8
1 ,039
1 ,327
1 ,684
A. ,598
115 ,834
15
72 ,990
Corporate and
other
Bonds
38
96
6 ,206
1 ,887
1
99
17
676
150
124
373
20
2
10
230
215
72
1,723
2,888
13,798
431
Total Latin America
144
1,475
1,839
1,038
1,493
4,751
1,868
1,099
92i
1,372
322
214
176
13,421
1
16,889
4,125
305
3,703
10,182
660
985
1,316
616
98,736
U. S.
sales
Government
bonds and
notes
51,491
178
1,977
6,769
195,333
1,135
6,490
1,042
1,873
10,398
126
230
156
3,597
4,291
2,979
396
297
209
5,410
29,548
25,008
284,561
56
20
Foreign securities
Corporate and
other
1,121
5,174
153
331
428
332
5
3
45
14, 500
102
1,006
1
54
19
9
2,230
534
1,015
3,152
16,682
4,422
44
2,049
2,034
349
20,314
43
619
5,741
187
1,737
2,908
2,324
1,885
285
4
17
116
12
3,171
9
14
12,656
15,790
39,195
30 300
28,350
932
969
487
375
10,325
19
3
171
14
73
1,835
5,247
733
1,421
2,113
1,120
34
,134
170
20
52
352
93
1,867
1,153
18
451
11
30
50
11,325
2,063
49
920
539
74
1,362
1,092
256
45
164
534
23
1,014
17
889
19
457
9
92
44
2,141
3,642
767
1,341
3,101
358
2,708
4,915
343
6,724
226
321
4,266
48
54
390
5
5,375
754
1,773
2,229
587
2,856
807
22,916
9,571
1,532
41,359
70
6,136
274
162
6,176
1
19
8
8
72
715
4,702
336
131
288
1
1
270
884
194
268
194
35,867
3,696
787
39,036
119,618
5,983
478
1,116
43
49,015
1
1
310
558
10,674 187,547
57_
34,648
15,027
4,120
648
3,344
9,010
711
624
2,021
1,297
99,016
1,567
40,270
200
3,196
6.853
9,279
3,960
841
1,871
4,110
623
4,517
5,704
388
8
920
5
209
108
39.739
51.681
Stocks
Bonds
Stocks
Bonds
5
19,838
6,463
653
5,685
13,832
15,618
20,974
2,190
5,173
111,614
1,567
66,606
30
14,526
Total
4.732
152.020
Latin America:
Argentina
Brazil
Chile
Co lombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics...
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America
656
3,597
48
10
5
30
271,184
Stocks
Domestic securities
Stocks
7
144
2,848
Total Europe.
Sales by foreigners
Foreign securities
,
3
1
1
4
11
10
10
35
1,000
20
1,041
108
86
312
932
121
158
325
130
32
36
565
132
45
40
137
75
2
24
89
36
901
7,105
138
678
36
16
163
310
2,325
23,956
12,757
2,067
25
5,998
87
66
4,551
20
31
7
175
9,002
138
254
19
19
77
512
2,089
Asia:
China Mainland,
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
6,642
15
9
220
263
16
9
354
5,517
4,010
56
529
19
5
613
198
65
25
202
412
141
3,331
111
2,914
207
95
3,245
9,985
1,271
1,361
15,664
"Til
9,826
4,850
833
476
2
96
19
19
238
34
ID
17
24
13
169
421
33
14
30
23
377
477
38
309
229
638
115
34
Total Africa
Other countries:
Australia
All other
42
110
192
4
U6
6
115
288
110
680
120
800
152
196
452
403
34
248,570
66,000
736
181,228
2,728
93
606
932
66,000
736
606
181,228
29,706 261,750
268,205
335
223
. .
Total Asia.
17,106
Africa
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
4,013
:
35
U
U5
23
Total other countries
International and regional
International
European regional
Latin American regional..
:
Total international and regional.
Grand total
_!/
533
28,199
32,519
28,199
932
2,821
34
248, 570
510,134
99.460
269,534
50,375
77,440
710,484
For exclusions see headnote on page 81.
10
10
13
35
13
32,426
93
8
5
13
7
7
4,003
n
28
5
106,
391
43,934
Treasury Bulletin
98
,
CAPITAL MOVmENTS
,
Section IV - Supplementary Data by Countries
Table 1.- Short-Term Llabllltiep to and Claims on Foreigners Reported by Nonf Inanclal Concerns
i/
(Position at end of period in thousands of dollars)
Liabilities to foreigners 2/
Eighth revised series
Seventh revised series
Sixth revised series
Country
1962
Europe
Austria
1963
1963
1963
June
September
1,718
19,582
3,317
Ninth revised series
196/1
196-i
March
December
December
1,638
26,449
2,799
1,295
33,409
33,999
1,723
25,190
45,833
2,687
786
6,532
8,647
24,926
1,589
100 , 204
3,672
3,263
188
315
2,292
19,139
1,322
1,082
31,334
32,167
2,416
26,353
43,485
2,120
1,032
6,889
6,934
19,935
4,342
110,036
6,051
898
182
901
June
:
61
587
2,629
20,207
986
372
26,788
34,452
4,506
22,362
46,052
2,132
1,020
8,428
6,764
18,325
4,435
97,311
751
2,205
60
387
318,910
315,709
300,672
67,588
61,933
56,697
7,171
13,134
3,237
6,630
6,105
13,487
3,355
5,816
202
7,828
20,149
5,798
688
22,120
12,697
1,350
5,686
3,645
10,515
29,027
8,187
2,524
20,112
9,569
1,968
6,057
4,669
5,545
11,357
3,309
8,256
204
8,058
20,903
6,889
905
21,704
8,918
2,472
7,251
6,395
5,079
10,075
2,961
7,430
168
6,778
20,552
109,912
110,335
121,591
112,166
104,367
1,469
2,412
13,829
2,570
1,454
23,685
758
4,981
723
1,739
18,051
1,768
2,377
14,036
3,179
2,341
23,412
669
4,826
722
805
21,909
1,769
2,352
14,080
5,388
1,053
7U
1,538
1,310
13,273
5,083
898
24,596
1,024
20,585
1,469
2,412
13,829
2,570
1,454
23,665
758
4,981
723
1,739
18,046
582
5,462
809
712
21,218
4,463
764
695
19,475
103,563
81,518
71,646
71,671
76,044
80,139
73,150
667
1,117
467
2/
305
2/
10,096
10,053
669
322
10,484
5,506
8,114
1,046
304
8,954
4,053
6,255
548
259
11,213
8,776
13,872
669
322
10,482
5,470
8,114
560
281
5,795
1,122
7/
244
11,837
10,478
2,070
5,710
10,007
1,896
5,410
8/
8/
35,283
32,697
25,057
25,095
20,612
19,099
18,120
10,712
12,759
9,607
12,687
9,607
12,705
12,641
4,417
17,715
6,409
16,712
4,815
16,712
5,424
25,442
4,467
27,348
5,872
26,692
5,339
36,642
29,876
29,896
17,058
24,124
21,527
22,136
29,909
33,220
32,031
407
153
153
94
101
190
134
24
124
24
634
32
634
32
57
2,055
23,191
2,245
1,423
30,632
34,589
2,117
26,057
56,384
2,434
1,265
6,016
6,569
39,632
4,515
126,519
3,443
3,410
130
358
510
1,638
26,449
2,799
1,295
33,409
33,885
1,723
25,190
45,833
2,687
786
6,532
8,647
24,926
1,589
100,201
3,672
3,263
188
315
332,195
345,794
373,136
325,027
325,144
63,552
58,827
61,801
72,271
72,286
6,138
17,431
3,087
3,045
508
6,288
5,136
8,669
1,208
23,281
3,417
6,138
17,878
3,087
3,045
5,801
20,504
3,511
5,303
7,641
13,769
7,641
13,769
6,088
19,493
3,581
5,183
494
9,759
10,565
3,842
3,068
26,999
10,583
2,075
9,452
2,209
6,092
16,740
3,474
3,816
25,147
11,154
4,739
9,329
1,502
7,171
13,134
3,237
6,630
202
7,828
20,149
5,383
683
22,120
12,697
1,350
5,686
3,642
128,097
99,618
100,065
113,391
117,508
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
1,773
2,333
10,594
1,851
1,886
51,815
3,241
3,024
272
3,869
15,857
1,733
1,988
8,487
2,134
943
46,103
3,226
4,366
431
3,970
16,353
1,733
1,988
8,487
2,134
943
46,103
3,226
4,366
481
3,970
16,353
1,742
1,785
15,951
7,064
1,784
42,707
3,379
5,140
334
4,479
19,148
1,736
1,790
14,800
2,474
1,408
29,188
970
7,007
Total Asia
96,515
89,784
89,784
421
667
2/
11,523
1,227
2/
1/
5,795
1,120
8/
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 3/
U. S. S. R
Other Eastern Europe ^Z
2,194
17,560
2,373
941
31,159
36,186
1,147
29,067
46,130
3,342
831
6,979
8,187
25,667
4,131
110,359
4,102
1,157
38
645
301,183
330,613
80,729
63,467
8,961
17,316
3,596
3,662
402
5,884
25,194
8,057
1,084.
28,311
33,2A6
2,505
898
8,704
7,053
24,
J^/
Total Europe
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
4,337
93,681
3,515
918
116
644
2,194
17,560
2,373
936
30,856
36,155
1,147
29,051
46,130
3,207
719
6,978
8,187
25,667
4,131
109,398
4,102
1,157
38
627
1,860
21,179
2,722
6i9
32,213
33,43i
Belgi\un
lU
542
31,554
32,521
2,256
30,296
50,037
2,766
1,106
7,135
8,350
27,189
4,399
117,684
2,966
1,961
20,883
1,078
1,041
28,165
36,414
4,566
24,480
46,399
2,951
1,070
9,007
7,187
19,034
4,684
101,662
981
2,651
:
^
American Republics
Bermuda
Antilles and Surinam
America
6/
^
Total Latin America
819
23,519
6,471
6/
5,471
18,745
508
6,288
5,136
8,669
1,208
23,281
3,417
6/
396
200
5,9U
796
20,789
7,990
2,451
7,131
6,123
Asia:
Africa:
Congo ( Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt),...
Other Africa
Total Africa
Other countries
Australia
All other 7/
Total other countries 8/
Total International and regional
1/
2/
505
;
International and regional:
International
European regional
Latin American regional
Grand total
536
26,
233
407
153
153
327
291
643,573
613,511
615,645
674,243
691,075
As reported by exporters, importers, industrial and commercial firms,
and other nonfinanclal concerns In the United States.
Data exclude
claims held through United States banks, and intercompany accounts
between United States conpanies and their foreign affiliates.
Data are Included from firms reporting for the first time as of
December 31, 1962 (sixth revised series), March 31, 1963 (seventh revised
625,
104
158
204
666
666
5U
626,825
634,858
622,937
585,703
series), and December 31, 1963 (eighth revised series).
The eighth revised series also includes claims previously held but not reported. The
ninth revised series includes reports fr-im firms having $500 thousand
or more of liabilities or of claims; for previous series the exemption
level was $100 thousand.
The exemption level was raised to relieve
smaller firms of reporting, without affecting the reliability of the
statistics.
April
1965
99
CAPITAL MOVEMENTS
,
Section IV - Supplementary Data by Countries
Table 1.- Short-Term Liabilities to and Claims on Foreigners Reported by Nonfinanclal Concerns
i/
(Con.)
(Position at end of period in thousands of dollars)
Claims on foreigners 2/
Sixth revised series
Country
1962
Seventh revised series
1963
December
Europe
Austria,
Belgium.
Denmark
Finland.
France.
Germany.
Greece.
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/*
U.S.S.R.
Other Eastern Europe 2/
June
;
^
Total Europe.
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
6,227
24,377
8,091
2,903
51,367
117,146
4,732
78,331
31,103
7,120
5,977
19,716
15,306
28,348
3,764
237,673
2,858
5,013
807
1,553
5,447
24,373
5,917
3,678
58,984
113,986
5,622
81,797
23,636
5,957
8,493
25,160
17,316
28,194
5,766
192,106
2,548
4,342
1,054
1,694
5,447
24,395
5,942
3,678
59,111
114,150
5,637
81,817
23,682
5,959
8,493
25,160
17,346
28,194
5,786
195,512
2,548
4,342
1,054
1,694
652,417
616,070
619,947
751,835
788,682
829,751
33,666
106,241
24,899
15,413
6,065
56,852
13,362
19,990
6,112
33,159
19,948
6/
6,089
43,387
30,718
107,961
30,719
107,964
25,271
17,568
5,753
58,329
13,398
13,807
6,685
33,446
21,564
385,183
379,933
;
American Republics ^/
Bermuda
Antilles and Surinam.
America
6/
^
Total Latin America
25,
2U
17,160
5,753
58,323
13,392
13,762
6,684
33,357
21,542
6/
6,505
39,532
y
6,507
39,563
380,574
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other A sia
21
100
100
4,375
38,927
2,831
9,672
121,207
3,789
11,030
3,397
5,432
33,476
4,435
49,651
2,934
7,300
121,977
3,851
10,357
4,904
5,014
38,934
4,435
49,652
2,934
125,786
3,851
10,359
4,904
5,016
38,993
Total Asia
234,157
249,457
253,397
3,448
2/
u
3,407
1'
8,961
11,808
1'
3,407
7/
8,964
11,810
If
8/
8/
8/
24,267
25,589
26,193
26,913
26,193
27,046
73,513
77,282
77,420
730
1,409
Africa:
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa.
Other Countries;
Australia
All other 1/
Total other countries
^..
International and regional:
International
European regional
Latin American regional...
Total international and regional.
Grand total
10,
U5
9,764
Eighth revised series
1963
730
1,409
2,097,835
2,112,833
1,'iin
1963
September
December
December
1964
Ninth revised series
1964
September p
100
April
1965
101
CAPITAL MOVEMENTS
Table 3.
-
,
Section IV - Supplementary Data by Countrlep
Short-Term Banking Liabilities to Foreigners in Countries and Areas
Not Regularly Reported Separately!/
(Position at end of period in thousands of dollars)
December
Country
"Other Western Europe"
Cyprus
Gibraltar
Iceland
Ireland, Republic of
Luxembourg
Monaco
"Other Eastern Europe"
Albania
Bulgaria
Czechoslovakia 2/
Estonia
Hungary
Latvia
Lithuania
Poland 2/
Rumania 2/
Soviet Zone of Germany
"Other Latin American Republics"
Bolivia 2/
Costa Rica
Dominican Republic 2/
Ecuador
Guatemala 2/
Haiti
Honduras
Jamaica
Nicaragua
Paraguay
El Salvador 2/
Trinidad and Tobago
"Other Latin America"
British West Indies
French West Indies and French Guiana
"Other Asia"
Aden and South Arabia
Afghanistan
Bahrain
Burma
Cambodia
Ceylon
Goa
Iran 2/
Iraq
Jordan
Kuwait
Laos
Lebanon
Malaysia
Nepal
Pakistan
Ryukyu Islands (including Okinawa).,
Saudi Arabia
Syria
Viet-Nam
"Other Africa"
Algeria
Ethiopia (including Eritrea)
French Somaliland
Ghana
Guinea
Ivory Coast
Kenya
Liberia
Libya
Malagasy Republic
Mauritania
Mozambique
Nigeria
"Portuguese West Africa"
Somali Republic
Southern Rhodesia 4^
Sudan
T^jnisia
"Other countries"
New Caledonia
New Zealand
1/
I960
1961
1962
537
i62
5,076
2,728
12,574
657
1,242
3,148
3,240
16,111
3,411
728
5,632
2,906
10,830
1,729
178
1,170
851
1,638
1,029
504
318
7,205
1,507
1,268
1,558
1,140
1,524
1,115
421
368
8,899
1,650
1,557
4,1U
177
466
1,042
1,774
966
540
574
6,088
1,084
1,295
8,U9
422
9,292
891
923
52
616
243
1,419
781
1,453
1,838
356
411
13,522
1,379
2,236
1,121
981
1,365
1,713
400
377
10,560
2,352
1,633
11,665
1,310
6,344
643
2,435
3,616
574
4,501
15,297
6,470
902
31,349
20,190
1,608
27,124
4,636
52,283
7,557
981
10,065
14,599
24,871
2,558
7,906
2,757
5,288
1,415
2,468
12,606
4,858
110
18,742
8,489
1,161
33,033
14,007
65,873
18,368
1,106
15,850
17,030
28,384
4,894
10,057
3,563
4,995
1,397
9,865
6,931
3,101
472
23,505
19,849
2,792
46,539
8,818
76,320
24,104
2,059
17,341
21,722
61,710
2,111
12,127
3,344
4,178
1,592
22,103
2,130
3,664
504
1,607
17,045
758
4,Q68
903
22,275
1,740
6,433
853
936
2,109
22,009
14,084
y
11,061
776
1,063
1,258
389
540
1,360
n.a.
n.a.
n.a.
16,763
5,590
246
21,864
17,619
5,496
639
21,048
2,510
26,796
656
5,421
326
440
1,550
2,191
793
332
3,538
3,949
1,878
2,843
21,772
419
1,562
6,469
1,990
1,216
1,420
35,081
1,407
3,967
571
6,774
2,432
10,881
32
4,685
32,567
29,127
58,037
U9
9,043
1,044
14,042 2/
533
1,157
10,593
14,241
18,403
4,155
14,589
1,063
695
4,700
5,990
8,598
2,448
47,862
12,940
20,031
5,564
34,963
8,892
41,690
2,286
11,294 2/
515
933
10,869
6,919
1,359
22,439
13,772
1,839
9,588
4,963
36,211
722
1,657
6,974
10,696
7,361
2,687
35,050
35,909
40,649
62,082
63,198
17,312
26,292
4,689
52,255
8,396
57,781
5,487
26,173
13,284
22,835
23,595
45,773
9,865
14,769
1,840
17,345
4,874
21,936
2,340
9,788
275
April
1964
23,182
16,498
42,028
36,283
40,865
10,487
13,776
3,255
14,838
5,667
22,472
3,077
23,129
19,804
36,884
27,338
43,937
10,673
15,032
1/
11,928
4,561
24,270
2/
399
617
1963
53,
U9
561
11
52
33,361
22,870
2,737
49,921
6,533
108,063
24,336
2,049
16,076
31,588
150,950
5,742
17,914
992
32,
U3
1,011
6,323
376
645
914
17,844
14,893
423
Oecember
1964
574
906
5,173
8,697
17,384
4,110
180
662
1,027
1,576
1,495
432
n.a.
9,735
1,922
1,321
43,186
31,495
55,709r
67,060
48,702
14,348
26,044
6,994
42,393
11,377
56,023
7,367
n.a.
1,104
n.a.
5,491
2,046
n.a.
n.a.
2,410
n.a.
23,422
n.a.
2,715
56,363
4,978
84,194r
22,l67r
n.a.
23,056
n.a.
197,229
7,583
19,043
1,529
33,736
1,583
5,589
395
1,367
2,574
20,011
28,921
638
29
23
1,361
17,811
2,450
840
4,374
2,492
975
1,378
17,286
2,975
824
4,501
2,018
798
2,505
1,362
10,475
1,783
18,824
n.a.
4,432
508
n.a.
2,232
949
11,956
2/ Reported by banks in all Federal Reserve Districts.
in
Through 1962, except as noted, data are based on reports from banks
included
Data for Jamaica (1960) and Trinidad and Tobago (1960-61)
funds
include
2/
and
only,
District
the Second (New York) Federal Reserve
with British West Indies.
as reported
held in an account with the U. S. Treasury; subsequent data are
Includes data reported for Malawi ( fornerly Hyasaland) end Zambia
by banks in all Federal Reserve Districts. They represent a partial
(formerly Northern Rhodesia).
the
breakdown of the amounts shown for the corresponding dates for
Revised.
r
Bulletin. 'n.a. Not available.
"Other" categories in the regular monthly series in the "Treasuiy
V
Treasury Bulletin
102
CAPITAL MOVMENTS
.
Supplementary Data by Countries
Section
Table 4.- Purchases and Sales of Long-Term Securities by Foreigners During Calendar Year 1964
IV -
(In thousands of dollars)
Sales by foreigners
Purchases by foreigners
Foreign securities
Domestic securities
Country
Total
U. S.
purchases Government
bonds and
notes
Corporate and
other
Bonds
Stocks
Domestic securities
Total
sales
U.
S.
Government
bonds and
notes
Stocks
Foreign securities
Corporate and
other
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,
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,
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
17 ,746
?1 ,283
11 ,793
5 ,991
191 ,823
155 020
2 399
75 701
?33 405
47 714
19 ,107
33 875
71 242
1,194 ,931
577
1,261 ,924
6 ,720
57 730
1
26
202
2,855
250
2,710
775
1,388
128
817
297,822
3,555
3,951
391
2,604
5,648
17,342
47
685
18,976
45,559
13
201,168
12,765
2,313
31
902
3,263
6,490
249
111
22,012
7,028
12,826
38,203
2,602
145,021
62,767
1,813
AA, 572
135,096
5,270
18,573
20,840
3,365
942,615
402
632,671
6,139
30,949
152
16,766
123
64
16,337
38,654
99
3,108
77,158
1,481
92
1,242
3,752
41,595
13
62,550
500
81
10,614
1,089
10,375
84,019
15,029
30,301
231,200
110,496
2,406
92,589
164,697
88,202
17,205
33,425
149,484
1,317,516
12,733
1,140,490
4,832
55,867
1
41
4,741
24,724
6,085
4,860
24,200
48,873
65
24,515
12,240
17,131
146
10,997
23,137
158,134
149
67,713
1
379
66
99
111,377
3,651
660
19,585
31,985
211,908
28,638
338
2,078
8,706
49,783
1,577
174
181,837
65,578
2,209
37,588
118,046
7,684
12,446
20,985
5,484
1,156,494
11,086
809,503
3,969
33,101
221
1
801
2,757
49
1,788
379
250
1,140
549
25
930
2,623
39,410
3,828
1,898
18
2,144
9,939
6,146
20
9,065
473
22
462
202
7
1,44^
558
38
357,939
303,816
2,105,003
439,026
264,364
3,562,351
385,528
109,597
2,526,893
361,610
1,978,824
737,935
116,235
527,357
159,145
438,152
2,637,053
734,901
148,088
492,283
927,298
33 342
16 ,949
11 181
13 033
58
74 ,436
49 ,167
8 ,383
29 ,382
45 ,262
11 ,553
48 ,295
102 994
4 ,575
39
203
60
25
821
218
163
296
27
13,525
3,046
1,231
3,841
836
1,083
1,395
322
45
18
4A
360
264
183
240
16,071
10,654
6,432
7,019
2,418
175
138
636
393
741
940
155
504
283
1,441
5,122
110
1,022
818
103
1,138
357
956
2,851
6,414
18,121
12,399
8,332
8,549
18
31,112
43,140
6,257
20,092
27,804
7,403
29,531
86,056
2,874
448,610
10,021
15,257
3
31
369
2,716
2,020
2
79,301
715
5
34
89,142
2,742
400
12,402
39,662
128
2,238
2,196
10,209
57,614
216,767
73
240
301,6
35,857
2,874
144
6,662
14,741
2,138
10,022
3,167
1,401
6,052
1,594
939
1,335
1,856
773
4,450
2,235
117
19,636
11,675
7,317
8,162
72
111,580
61,440
6,763
28,187
39,547
25,654
43,252
100,246
3,420
98,649
22,995
466,951
4,312
2,444
12,450
85,884
4,419
629
107,706
20,891
5
61
609
8
3
105
457
53
19
712
1,097
207
777
382
1,604
11,116
9
22,352
45,936
5,705
22,706
22,894
6,265
26,828
79,000
3,001
3,380
13,873
18,360
11,445
2,947
158
17,310
17,392
274,882
133,675
5
30
2,752
2,006
470
2,505
5
28
123
lAA
78,499
955
158
1,583
2,697
10,754
164
1,202
663
356
30,981
10,121
1,000
2,500
2,370
15,955
3,079
117,299
134,742
,779
2,136
1,191
9,770
247
296
236
255
897
4,084
149
5
160
2,517
20
50
545
7,116
23,537
12,539
264
723
9
3,935
2,253
3,113
123
1,103
423
186
35,013
262
1,050
10,000
4,551
1,576
11,733
1,746
2,867
45,305
17,790
8,112
122,421
50,828
17,616
281,390
4
54
219
520
874
1
158
10
27
6,415
199
791
2,591
1,571
5,919
1,466
737
193
719
703
1,483
3,108
760
6,206
23
2,165
1,250
513
14
85
1,906
2,909
2,654
Total Africa
24,502
,429
290
6,428
9,079
276
11,071
1,471
Other countries;
Australia
All other
25,130
5,121
19
4
1,538
1,380
19,258
2,901
4,315
784
52
3,693
1,539
247
30,251
784
23
2,918
22,159
4,367
5,232
247
31
3,415
172,519
6,805
988
15,514
16,930
10,366
129,030
6,805
679
438,251
24,314
155,806
323,354
5,424
4,293
988
180,312
16,502
16,930
10,366
135,835
679
6,349,414
1,149,400
460,663
3,076,181
914,721
748,449
618,371
7,582,419
77,453
2,656
36
2,815
1,402
1
97,765
16,768
61
80
25
232
Total international and regional..
506
10,282
,166
,271
Grand total
7
49,158
3,470,148
100
24
124
Total other countries
55
49,024
21,149
34,510
4,119
4,679
12,316
71,253
41
602
224
769
7,389
1,930
14,190
International and regional;
International
European regional
Latin American regional
1,472
24,443
10,218
29,877
7,383
30,438
2
21
14
50
8,300
331,704
5,424
4,307
1,487,116
284,371
3,425,285
6
19
1
331
April
1965
103
FOREIGN CURRENCIES ACQUIRED BY THE UNITED STATES WITHOUT PURCHASE WITH DOLLARS
Foreign currencies reported herein In United States
1953i Into Treasury custody, and the flow of future collec-
dollar equivalents were acquired without purohaee with
In connection with foreign
dollars, for the most part
tions through Treasury accounts; and established requirements with respect to withdrawals from Treasury accounts;
assistance and agricultural trade development programs
authorized by various provisions of law. The currencies
limitations on purchases and amounts of holdings; the use
are held In the custody of the Treasury Department until
such time as they are either sold for dollars to Govern-
Department Circular No. 93O as revised October 20, I961,
added certain requirements governing foreign currency re-
ment agencies or transferred to Government agencies for
porting and accounting.
of foreign depositaries; and accounting for the currencies.
expenditure without charge to appropriations, as specifically authorized by law.
Figures are stated In dollar equivalents,
for reporting purposes,
computed
to provide a common denominator
Prior to July 1, 1955, foreign currencies acquired
by Government agencies without payment of dollars generally
It should not be assumed that dollars. In amounts equal to
were available to the collecting agencies to defray operat-
the balances, are actually available for the general use
ing expenses and were not subject to the reg\ilar appropria-
of the United States Government,
tion processes.
rencies are Inconvertible and restricted as to uses by the
The act of July 15. 1952, Sec. l'U5 (66 Stat. 662),
provided that after June 30, 1953, United States agencies
for the currencies of the many foreign countries Involved.
since most of the cur-
terms of agreements between the United States and the for-
eign governments.
could no longer expend foreign currencies belonging to the
The tables exclude the counterpart funds owned by and
United States except as provided annually In appropriation
held In accounts of the foreign governments. The use of
such funds Is subject to approval of the United States, and
transactions therein are Included In reports of the Agency
acts. Subsequent legislation required executive departments
and agencies, with certain exceptions,
to reimburse the
Treasury In dollars for the foreign currencies used.
Ex-
ecutive Orders No. 104gg dated September 23, 1953i a"^
No. 10900 dated January 5, I961, as amended, provided for
the Issuance of regulations by the Secretary of the
Treas-
for International Development. The tables also exclude
the United States purotases of foreign currencies which
are under dollar accountability and reported as dollar
transactions.
ury governing the purchase, custody, transfer, or sale of
foreign exchange by the United States.
Accordingly, Treasury Department Circular No. 93° "as
Issued on October I9, 1953, effective December 1, 1953These regulations provided for the transfer of department
and agency foreign currency balances as of November 30.
Detailed data, by account, agency, program, foreign
country, units of currency, and related dollar equivalents,
are published annually In the Combined Statement of Receipts, Expenditures and Balances, beginning with fiscal
195s.
Treasury Bulletin
1C4
FOREIGN CURRENCIES ACQUIRED BY THE UNITED STATES WITHDUT PURCHASE WITH DOLLARS
Table 1.- Transactions and Balances in Treasury Accounts
April
1965
105
.COBFORATIQNS AHD CERTAIN OTHER BDSINESS-TIEE ACTIVITIES,
The current financial statements of corporations and
certain other business-type activities of the United States
GoTernnient vrtUch appear In the "Treasury Bulletin" beginning
with the August 195^ Issue are complied from reports submitted to the Treasury under Department Circular No. 966,
Issued January 30, I956, and Supplement No. 1, Issued June
The regulations so Issued are pursuant to Section
1, 1956.
lll(- of the Budget and Accounting Procedures Act of 195O
{31 U.3.C. 66b),
and represent another step In the program
of comprehensive and Integrated Government accounting and
financial reporting for which authority was provided In
that- act.
They ei^ersede Budget-Treasury Regulation No. 3,
Issued under Executive Order No. S512 of August I3,
ISlJ-O,
as amended by Executive Order No. 9034^ of March 3, igt^S,
under which financial statements previously published In
the Bulletin were submitted.
statements of financial condition are published quarterly
and appear as Section I in the series of tables. The first
data under the new regulations are for March 31, I956, and
were presented in the August I956 Bulletin. Statements of
income and expense and source and application of funds are
published semiannually, for June 30 and December 31 reporting dates, and appear as Sections II and III, The first of
these statements under the new regulations cover the fiscal
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
intragovemmental revolving funds, certain other
activities, deposit funds, and trust revolving funds.
funds,
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
In coverage, Department Circular No. 966 requires
submission of financial statements by all wholly owned and
of flnanclEil condition annually as of June JO.
These are
mainly not business-type activities, and those which had
mixed-ownership Oovernment corporations specifically Included In the Government Corporation Control Act, as amended
(31 U.S.C. S^S, S56); and all other activities of the Oov-
complete balance sheet types of statements were authorized
ernment 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
largely self-liquidating or primarily of a revenue-producing nature, and activities and agencies whose operations
result in the accumulation of substantial inventories,
in-
not yet developed formal accounting procedures to provide
temporarily to report only the asset side.
Thus the sup-
plement rounds out provision for the information on properties and assets of the United States Government vrtiioh the
Treasury has been asked to furnish to the Committee on
Government Operations, House of Representatives, for a
continuing study of the assets of the Government.
The first
comprehensive reporting under Supplement No. 1 is for June
3O1 1957i sni the data were published in the December I957
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.
Four kinds of financial statements are called for by
Department Circular No. 966. They are statements of finan-
ginning with the June I95S issue. Two classifications of
Data
the loans are shown, one by type aind one by agency.
prior to 1956 are based on the earlier reporting require-
application
ments, which provided for complete coverage of Government
cial condition. Income and expense,
source
auid
of funds, and certain commitments and contingencies.
The
k^
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.
Treasury Bulletin
106
CORPORATIONS AND CERTAIN OTHER BUSINESS-TIPE ACTIVITIES
Table
1.-
Section I - Statements of Financial Condition
Summary by Specified Classes of Activities, December 31, 1964
(in thousands of dollars)
Account
April
1965
107
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1964
(In thousands of dollars)
Office of
Economic
Opportunity
Total
Accoxint
Economic
opportunity
loan fund 1/
ASSETS
Cash in banis, 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 secxirity or collateral (net)....
Land, structxires, and equipment
Accumulated depreciation (-)....-.....•
Foreign currencies. . .....................
Other assets (net).
171,399
17,430,380
1,105,814
-393,407
935,043
5,711,331
-1,718,915
1,198
3,049,155
Total assets
41,818,130 4/
•
16i,104
6,624,522
25,250
gency for International Development
Alliance for
Progress,
development
loans
973,240
Agriculture
Department
Development
loans
Development
loan fund
liquidation
account
Foreign
investment
guaranty
fund
1,765,770
355,439
79,101
Commodity
Credit
Corporation
4,488
11,202
2,010,836
160,233
-11,315
275,326
12,528
56,567
11,267
40
352,111
523, 12i
232,631
395,912
4,611,558
-933,756
6,1H,576
-934,904
12,486
2,459
163,481
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).,.
174,959
617,975
190,015
4,913,281
Tota 1 liabilities
8,206,026
768
372,103
2,212
1,301,906
23,298
3,267
10,000
2,845,724 i/
265,512
1,105,814
-131,902
234,731
-155,384
2,194,548
25,250
1,357,378
3,069,8
1,750,103
118,608
491,938
79,101
9,323,019
1,260
63,531
79
248,935
110,243
579,854
156,281
199
1,032
823,837
41,290
830,496
131,387
2,675,913
11
3,965,009
NET IMVESTMEWr
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasxiry. ..
Other
Noninterest-bearing investment:
Capital stock.
Appropriations
,...,....
,.••
Capitalization of assets (net).......
Other
Accumxilated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)............... ...........
Total United States interest
100,000
13,641,000
100,000
23,130,746
1,425,547
1,041,000
15,OU,325
3,174,550
2,000,000
30,000
191,800
5,560
-115,636
10,974
-102,526
175,142
27,861
21,229
25,250
1,357,378
3,069,888
1,750,023
79,090
5,358,009
3,069,888
1,750,103
79,101
9,323,019"
3,058,914
10,974
1,574,881
5,560
U2
57,861
21,229
13,741,000
-8,382,991
1,357,378
3,069,888
1,750,023
79,090
5,358,009
25,250
1,559,198
1,399,095
-9,765,115
1,160,018
-322,593
-322,693
33,612,103
Total liabilities and investment.........
41,818,130
25,250
1,357,378
ANALYSIS OF UNITED STATES INVESTMEtfl
United States investment.................
Accumulated net income, or deficit (-)...
43,377,218
-9,765,115
25,250
1,351,818
interagency items.
33,612,103
25,250
Interagency items:
Due from Government agencies (-).......
Due to Government agencies...
-698,729
1,704,117
investment excl. interagency items.
34.617.491
U. S. investment incl.
U.
S,
Footnotes at end of Table 8,
175,
-8,382,991
y
-242,631
1,074,032
25.250
3.069.888
(Continued on following page)
1.750,023
79,090
6,189,411
Treasury Bulletin
108
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1964- (Continued!
(In thousands of dollars)
April 1965
109
,
CORPORATIONS AND CERTAIN OTHEK BUSINESS-TB'E ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1964
-
(Continued!
(In thousanda of dollars)
Commerce Department -
Area
Redevelopment
Administration
Area
redevelopment
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 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 secxirities 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 currencies. . ....•••.......•..•.•.
Other assets (net)... ......... ...........
Total assets
4,622
Continued)
Defense Department
Federal ship
mortgage
insurance
fund
379
Vessel
operations
revolving
fund
Defense Supply
'gency
War risk
insurance
revolving
fund
798
9,006
Air Force
Department
Army
Department
Defense production guaranties
72
6,986
3,231
7,6«
2,129
3,467
14,655
5,360
758
3,411
-14
-33
69
2
3,704
77
532
3
1,206
135
99,465
21,489
-5,038
100
-7,674
3,500
3,439
90,354
LIABILITIES
Accoxmts 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 agenc ies,,,, •,,,,,,,•,,,,...
Other: Guaranteed by the U, S
Not guaranteed by the U. S.
Other liabilities (including reserves)...
24
Total liabilities
24
NET INVESTMEMT
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 (-)....,,••....*,,,.•.«•
(
Maritime Administratio
628
2,069
19,222
19,679
7
152
124
104
716
3,500
342
3,624 2/
1,322
6,790
91,511
8,808
-875
19,233
3,466
U,655
5,360
-1,181
15,598
3,466
5,360
90.330
18,357
U,655
Total United States Interest
90,354
19,222
3,46''
5,360
Total liabilities and investment
19,679
14,655
ANALYSIS OF UNITED STATES INVESTMElTr
United States investment.................
Accumulated net income, or deficit (-)...
91,511
-1,181
6,790
8,808
-875
19,233
3,466
U,655
5,360
U,655
5,360
U. S. investment inol. Interagency items.
90,330
U,655
5,360
Interagency items:
Due from Government agencies (-).......
Due to Government agencies,,,,.,,,,,...
U. S.
investment excl. interagency items.
Footnotes at end of Table
8.
90,330
15,598
18,357
-2
3,624
-7,204
111
19,221
11,264
(Continued on following page)
3,466
3,466
-1
Treasury Bulletin
110
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITj.iiS -
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1964
(In thousands of dollars)
i
(Continued)
April
1965
111
,
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES.
Sectlon I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December
31, 1964
(in thousands of dollars)
(Continued)
Treasury Bulletin
112
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1964
(Continued)
(In thouaanda of dollars)
Virgin
Islands
Corporation
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
Total liabilities.
WET 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 (-).... ...••....••.... .......
Post Office
Department
Bureau of Employment
Security
Expansion
of defense
production
Advances to
unemployment
trust fund 2/
Farm labor
supply
revolving fund
1
628
206
142,754
782
Postal
fund 10/
Office of the Secretary
Reconstruction
Finance Corporation liquidation fund
137,197
583,642
Federal Farm
Mortgage Corporation liquidation fund
179
10,485
3,151
16
2,290
l,27i
29
49
35,985
31,874
9,290
304
1,511
157,899
4,950
8,574
15,168
-i,398
538
-290
270
1,236,937 11/
-505,667
94
1,349
302,164
28
190
600
271
169
-1,478
144
-7,431
15,249
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)...
Treasury Department
Labor Department
Interior Department
Continued)
(
1,200
1,542,894
59
89,232
267,487
3,920
349
36
2,366
67
34
119
166
143
272
57
1,6^5
2,366
1,225
11,422
32,935
750
218
274,991
179
631,709 12/
288,000
446
206
-33,952
14,164
536
1,298,805
-387,620
3,920
169
Total United States interest
13,603
-1,017
302,164
983
911,185
3,920
169
Total liabilities and investment
15,249
1,349
302,164
1,200
1,542,894
3,920
349
ANALYSIS OF UNITED STATES INVESTMENT
United States investment.
Accumulated net income, or deficit (-)..,
13,397
206
32,935
-33,952
288,000
446
536
1,298,805
-387,620
3,920
U,164
interagency items.
13,603
-1,017
302,164
983
911,185
3,920
169
Interagency items:
Due from Government agencies (-)
Due to Government agencies., ...........
-16
747
2,366
investment excl. interagency items.
U,334
1,349
3,920
169
U. S. investment incl.
U. S.
Footnotes at end of Table 8.
-157,899
144,265
(Continued on following page)
169
-46,470
89,232
983
953,947
April
1965
113
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES.
Table 2.- Publ
Treasury Bulletin
lU
.
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1064
-
(Continued)
(In thousands of dollars)
Housing and Home Finance Agency
Office of the Administrator
Account
Public
facility
loans
College
housing
loans
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 sec\irit ies ,.,...,,
Advances to contractors and agents:
Government agencies ,.,,,,...,,.,,,
Other
Accounts and notes receivable:
Government agencies. ..•.,,,,..,.,,.,,,,
Other (net
,
,
Inventories. .,..,
Allowance for losses (-)
receivable:
Accrued interest
,,..,,..
On public debt securities
On secxirities 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 equipment,,,,,,,, ••
Accumulated depreciation (-),,,,-,,,.,,
Foreign currencies, .,,,,.,,,,,,,,,,,,,.•.
Other assets (net )..,..,.,,,,. ,,,.,,,,,,,
83,077
29,789
234
72
U,582
2,072
l,82i,580
-2,281
Public works
planning
fund
Liquidating
programs
15
2,116
30,105
Community
disposal
operations
fund
Urban
renewal
fund
21
51
432,655
Housing
for the
elderly
2,016
203,370
20
1
491
505
7,749
168,453
17,832
232,161
-i,976
-2,254
18
706
3,838
71,353
-714
3,317
-3,317
25,027
250
55,150
18,486
673,107
5,859
274,736
79
1,260
103
77
502
55
16
236
518
••.••.,,,,,,,,
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).,.
1,920,192
19 5, ill
1,277
7W
5
1
25,511
2,640
3,194
5,20i
1,336
13,830
Total liabilities
NET INVESIMEOT
United States interest:
Interest-bearing investment
Capital stock
,,,,.,
,,,,
Borrowings from the U, S, Treasury,..
Other
Noninterest-bearlng investment:
Capital stock. ,,.,.,,,., ,,,,,. ..,,,,,
Appropriations ,,,,.,,.,.,,..,
.,,
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-),,,,.,,•.,,, •,.,••. .,.,•,,
31,997
4,721
1,886,388
195,710
18
50
24
18,284 7/
520 , 240
1,807
-8,020
72,000
24,550
-3,367
-38,084
3,000
122
50
1,323,234
-136,205
1,288,781
-1,168,665
275,000
-1,154,198
75,998
-57,500
-12,875
-782
Total United States interest
1.888.195
190 690
,
55,100
18,364
654,823
5,623
274,218
Total liabilities and investment
1,920,192
195,411
55,150
18,486
673,107
5,859
274,736
ANALYSIS OF UNITED STATES INVESIMEOT
United States investment,,,,,,,,,,, .,,,,,
Accumulated net income, or deficit (-),.,
1,886,388
1,807
198,710
-8,020
93,183
-38,084
1,187,029
-1,168,665
1,809,021
-1,154,198
18,498
-12,875
275,000
-782
1,888,195
190,690
55,100
18,364
654, 823
5,623
274,218
investment incl. interagency items.
Interagency items:
Due from Government agencies (-).,,,,..
Due to Government agencies,.,,,.,,..,,.
U, S.
U. S.
investment excl. interagency items,
Footnotes at end of Table
8.
26,788
1,9U,983
3,384
-20
79
4,454
103
502
194,074
18,423
659,277
5,727
274,720
55,100
(Continued on following page)
April
1965
115
.
CORPORATIONS AND CERTAIN OTHER BUSINESS-TB>E ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, December 31, 1964
(In thousands of dollars)
(Continued)
U6
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table 2.-
Section I - Statemente of Financial Condition
Public Enterprise Revolving Funds, December 31, 1964
(In thousands of dollars)
(Continued)
April
1965
^^
Treasury Bulletin
118
.
Table 2.-
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, December 31, 1964
tin thousands of dollars)
(Continued)
April
1965
119
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE
ACTIVITIES.
Table 3.
Section I - statements of Financial
Condition
Intragovernmental Revolving Funds, December
31, 1964
(In thousands of dollars)
Legislative
Branch
Account
Total
Government
Printing
Office
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U, S, Treasury!/.
Investments;
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities (net)
Advances to contractors and agents:
Government agenc ies
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 a sset s (net
59i
513
3,178,293
9,147
12,855
49,il5
693,061
89,645
6,197,176
-i02
595,475
-261,865
205,079
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 United States
^Jot guaranteed by the United States..
Other liabilities (including reserves),,.
Total liabilities
NEI
390,806
3,022,019
INVESmENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U, S. Treasiu-y. ..
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 INVESTMEm"
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,
590,133
396,801
6,645,362
105,011
7,737,307
10,759,326
7,632,296
105,011
7,737,307
-705,916
2,052,433
9,083,824
18,600
33
33,130
Treasury Bulletin
120
CORPORATIONS AND CERTAIN OTHEK BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
3.Revolving Funds, December 31, 1964
Intragovernmental
Table
(In thousands of dollars)
(Continued)
April 1965
121
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section 1 - Statements of Financial Condition
Table 3.- Intragovernmen tal Revolving Funds, December 31, 1064
(Continued)
(In thousands of dollars)
Defense Department - (Continued)
Army
Department
( Continued)
Accoiont
Total assets
LIABILITIES
Accounts payable:
agencies
Government
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
Public Health Service
-
Corps of
Engineers
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury l/.
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)
Health, Education^ and Welfare Department
Navy Department
39,686
Stock
fund
Industrial
fund 2/
Marine Corps
stock fund
125,465
1,342,502
7,481
4,777
361
35,138
5,232
961,274
84,602
1,128
180,470
846
1,181
214,030
1,442
32,033
10
26,047
1,290
7,372
Service and
supply fund
Narcotic
hospitals
Working
capital fund
Office of
the Secretary
Working
capital fund
178
-47
51
84
168
1,758
238
285
405
-247
529
-280
611
1,164
10
-138,547
2,317
42,893
3,373
1,618
404
-223
12
204,013
1,177,488
1,617,362
250,068
4,619
658
1,267
1,830
11,631
42,330
36,156
22,355
18,368
5,547
11,542
138
1,309
5
16
120
293
265, 8i9
84
143
100,200
104
1,199,563 1/
2,911
2,325
7,985
Other:
Guaranteed by the United States
Not guaranteed! by the United States.
Other liabilities (including reserves)..
46,046
Total liabilities
69,867
100,249
4,387
1,443,645
83,373
1,155
18,244
119
176
1,709
776
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 (-)
190,369
-45,183
24, 525
97,702
1,094,115
•
11,920
V
231,824
28,532
V
450
2,092
134
98
244
368
398
246
490
1,094,115
231,824
631
134,146
173,717
2,911
Total United States interest.
250,068
1,267
1.177 .488
4,619
204.013
1.617.362
658
Total liabilities and investment.
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)..
145,185
28,532
2,542
368
2U
1,094,115
231,824
232
122,226
11,920
398
246
631
490
173,717
2,911
1,094,115
231,824
134,146
-168
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.
-26,047
4,205
-35,133
42,830
-84,611
1,221,918
-846
5,547
-1,215
138
-«4
552
1,311,023
1,833
1,101,807
236,525
112,305
(Continued on following page)
223
5
546
Treasury Bulletin
122
CORPORATIONS AND CERTAIN OTHER BUSINESS-TIPE ACTIVITIES
Table
3.-
Section I - Statements of Financial Condition
Intragovernmental Revolving Funds, December 31, 1964
In thousands of
Interior
Department
Office of
the Secretary
Accoxjnt
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
LLABILITIES
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 a gene ies
Justice
Department
Federal
Prison
Industries,
Tnc
(Continued)
dollars)
Labor
Department
Office of
the Secretary
Working
capital fund
76
7,591
175
-
Treasury Department
State
Department
Working
capital
fund
567
Bureau of
Engraving
and
Printing
United States
Coast Guard
Supply
fund
Yard
fund
3,363
9,972
2,829
1,222
2
15
590
50
7,077
6,721
-236
9,869
-164
4,542
48
385
3,777
409
*
107
20
12,103
139
478
457
-1
546
-3U
285
52
37,290
-14,414
653
41,307
841
1,755
38,025
11,087
26,452
536
2,152
73
136
292
16
154
392
1,327
959
166
459
25,894
-8,439
806
189
285
36
12,999
-6,877
539
-304
87
-U6
68
87
1
15
160
189
1,270
16,755
750
167
30
402
65
717
136
163
3
Other:
Guaranteed by the United States
Not guaranteed! by the United States..
Other liabilities (including reserves)...
Total liabilities
NEI 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 (-)
,
90
503
94
217
1,478
315
3,387
573
1,465
4,170
300
186
6,151
310
340
22,001
-50
8,939
-335
617
2,286
18,653
8,812
7,805
3,250
31,769
-42
1
-12
-7
Total United States interest.
491
37,920
268
290
33,855
8,801
7,799
Total liabilities and investment.
806
41 ,307
841
1,755
38,025
11,087
26,452
ANALYSIS OF UNITED STATES INVESTMEtfl'
United States investment
Accijnjulated net income, or deficit (-)...
486
6,151
5
31 ,769
310
-42
340
-50
34,190
-335
8,813
-12
7,805
-7
268
290
33,855
8,801
7,799
-590
17,323
24,532
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.
491
37,920
-385
189
-3,777
703
-409
236
-478
955
-2,877
893
-1,222
1,327
295
34,846
94
767
31 ,871
8,906
(Continued on following page)
:
.
April 1965
123
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, December 31, 1964
(Continued!
(In thousands of dollars)
General Services Administration
Veterans'
Administration
Buildings
management
fund
Account
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U, S. Treasury l/.
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)
Construction
services,
public
buildings
fund
61,278
7
2
136
1,113
U9
312
2,i00
Federal
telecommunl cat ions
fund
4,985
Working
capital
fund
311
895
-312
890
-287
896
-668
1,435
50,916
5,497
11
1,334
9,161
»
15,ai2
-11,750
388
70,371
-23,413
683
439
-46
131
383,711
1,173
16,962
1,042
2,687
26,208
91
12,626
303
39
741
«
1,315
345
342
423
62,443
90
3,420
58
165
1
35
12,973
2,629
1,266
103,797
163, 0i6
10,308
Investigations
3,119
88
36,111
377
14,473
559
Supply
fund
100
588
83,440
673
189,432
21,
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
supply-
12,659
30,35i
Total assets
General
Civil
Service
Commission
Other:
Guaranteed by the United States
Not guaranteed' by the United States,,
Other liabilities (including reserves)..,
Total liabilities
809
1,497
1,849
681
176
12,046
93,277
13,399
912
3,500
5,166
-7,953
2,103
9,000
-267
1,194
197,750
58,539
29,180
4,965
250
302
-5
-23
290,434
6,623
524
4,000
927
39,602
2,816
1,435
50,916
5,497
4,000
160,230
,
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 (- )
39
3U
11,003
138,676
11,
NEI
Total United States interest.
Total liabilities and investment.
ANALYSIS OF UNITED STATES INVESTME^fI
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.
-590
-1,787
4,000
39,986
-383
163,046
12,973
383,711
20,021
713
2,103
-267
1,194
285,469
4,965
8,410
-1,787
547
-23
39,986
-383
290,434
6,623
524
4,000
927
39,602
2,816
,
-23,849
4,593
-312
-83,576
65,130
-14,473
91
-377
433
-3,219
1,373
-1,266
-7,759
3,080
271,987
37,756
615
580
-16,440
345
Treasury Bulletin
124
,
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31. 1Q64
(In thDuaanda of dollars)
Agency for International
Development
Account
Total
Foreign
currency loans
Private
enterprises 1/
ASSETS
Cash in banlcs, on hand, and in transit...
Fund balances with the U. S. Treasury ^/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premiuin, 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 currenc ies
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: Gxiaranteed by the U, S,,,,.
Not guaranteed by the U. S
Other liabilities (including reserves),,.
Total liabilities
WET INVESTMEWT
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,,,,,,,,.
ANALYSIS OF UNITED STATES INVESIMEWP
United States investment.,,....,,..,.,,..
Accumulated net income, or deficit (-),.,
investment incl, interagency items.
Interagency items:
Due from Government agencies (-),.
Due to Government agencies
,.,.,,
U, S,
U, S,
investment excl. Interagency items.
Footnotes at end of Table 8.
1,365
8,018,111
S. dollar
and foreign
currency
loans
U.
Agriculture Department
Farmers'
Home
Administration 2/
7,486
83,930
116,547 6/
18,314
4,5^5
5,i65,458
7,426
28,618
174,492
2,003,604
6,983,425
17
574,643
669,392
9,852,727
3,415,284
-12,917
6
125
2,231
47,677
3,425
1,668,642
3,292,615
624,857
122,668
-
200
7,936,306
-3,671,174
859,940
2,191,251
44,503,211 2/
239,737
364,645
165,535
582,730
12,533
135,658
33,024
41
35,873
51,206
174,479
57,717 la/
1,191,078
67,907
5,227,484
724,149
29,294,844
2,652,811
12,443,019
-3,559,417
434,086
5,725,261
-18,393
-113,980
52,904
-2,746,607
-51,048 11/
43,312,133
364,645
5,733,374
44,503,211
364,645
5,801,281
-654,960 11/
Rural
Electrification Administration
Commerce
Department
3.^
Maritime
Administration
Defense
Department
Military
assistance
credit
sales
^
.
April
1965
125
CORPORATIONS AND CERTAIN OTHER BUSINESS-Tff E ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1964 - (Continued)
(in thousands of dollars)
HEW Department
Account
Interior Department
Office of
Education
Office of
Territories
Loans to
students
(World War II)
Alaska
public
works
ASSCTS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury i/.
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)
778
722
9,861
375
1,846
17,074
Immigration
and Naturalization
Service
Legal
activities
and general
administration
34
330
40,318
43,249
109
101
324
1,233
617
475
51
41
538,653
-105,875
102
-48
35,850
-9,184
21,293
2U
45
18
3,714
614,769
3,099
45,710
66,737
5,239
20
323
331
56,
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).
9,940
204,267 12/
257,037
21
388
3,036
13
13
807
707
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury.,,
Other
Noninterest-bearing Investment:
Capital stock
Appropria t ions .,,...••••.••«•...*...•
Capitalization of assets (net)..
Other
Accumxilated net income, or deficit (-).
Deposits of general and special fund
revenues (-)....................-.••••
598
15,925
-595
Total United States interest
Total liabilities and Investment
ANALYSIS OF UNITED STATES INVESTMENT
United States investment.................
Accumulated net income, or deficit (-)...
interagency items.
598
-595
U. S, investment excl. Interagency items.
__
6,428
49
1,919
3,674
3,122
21,922
33
271
6,328
78
7,078
15,697
3,122
28,676
72,963
14,198
39,668
868,451
22,605
127,065 12/
17,518
12,452
269
-331
188,102
86,764
1,237
10,398 12/
-12,330
214,248
-33,512
-197,473
-47,438
-2,609
-U9,546
51,040
253,916
586,094
38,632
15,925
3,020
3,099
45,710
257,037
614,769
66,737
15.925
568,575
17,518
-185,082
188,102
50,962
-12,330
84,552
-33,512
253,916
15,925
253,916
3,020
51,040
586,094
38,632
15,925
-101
6,428
-324
2,328
-109
3,122
U,959
53,044
256, '^^H
Interagency Items:
Due from Government agencies (-)
Due to Government agencies
8.
110,606
Southwestern
Power
Administration
15,925
15,925
Footnotes at end of Table
Southeastern
Power
Administration
-1,589
Total assets.
U. S. investment inol,
Bonneville
Power
Administration
Justice Department
15,925
L
-722
-375
807
13
586,179
(Continued on following page)
27658"
"
Treasury Balletin
126
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4,- Certain Other Activities, December 31, 1964 - (Continued)
(In thousands of dollars)
,
April
1965
127
CORPORATIONS AND CERTAIN OTHER BUSINESS-TIPE ACTIVITIES,
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1964 - (Continued)
(In thousands of dollars)
Federal
Mediation and
Conciliation
Service
Federal
Power
Commission
PayTDent
of loan
guaranties
ASSETS
Cash in banks, on hand, and in transit,,.
Fund balances vith the U. S, Treasury 5/,
Investments:
Public debt securities (par value).....
Securities of Government enterprises,.
Unamortized premitim, or discount (-)...
Other securities
,,,, .,,,,,,,,,..,
Advances to contractors and agents:
Government agencies
,
Other
Accounts and notes receivable:
Government agencies
Other tnet )
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 currenc ies,. •..,•.•....•... ••*,,•
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),,.
Total liabilities
3,479
Panama Canal
Interstate
Commerce
Commission
Small
Panama
Canal
Zone
Government
264
29,294
7,726
Canal
Company
Thatcher
Ferry
Bridge
1,303
Selective
Service
System
29,954
Business
Administration
Salaries
and
expenses
6,118
4,100
48
4,812
1,414
863
37
925
160
14,076
492
l,i53
3,976
10,078
30
261
248
609
57,562
-22,237
14,076
18,751
-844
8,732
70
84,118
19,280
7,301
58
8,005
-4,682
2,348
33,278
9,445
3,340
53
71
2,022
919
173
20
909
16
4,253
1,036
58
lao
3,372
3,625
71
2,329
629
1,113
1,U8
1,782
23/
14,802
58
4,54''
25,102
44,214
1,245
17,977
49,362
3,323
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock..., •,,.••••.,.,, •..••••
Borrowings from the U, S. Treasury...
Other
Noninterest-bearlng investment;
Capital stock
,,
Appropriations
,,,,..,.,,,,,,
Capitalization of assets (net),,,....
Other
,,
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-)..,...........,,.,,,......
14,076
2,999
-137
2,U9
8,296
-23,953
3,296
14,076
69,316
19,222
6,074
2,862
28,732
Total United States interest... ........
Total liabilities and investment.........
10,078
14,076
84,118
19,580
33,278
3,976
9,445
ANALYSIS OF UNITED STATES INVESTMEOT
United States investment. ...... .•...••...
Accumulated net income, or deficit (-)...
8,296
14,076
69,316
19,222
52,685
-23,953
6,074
2,862
69,316
6,074
8,296
14,076
28,732
2,S62
19,222
investment incl. interagency items.
Interagency items:
Due from Government agencies (-),...,.,
Due to Government agencies,,,,,..,,,,,.
1,U8
-925
1,106
1,157
58
20i
-4,812
7,301
9,453
19,280
6,255
3,066
71,805
29,880
investment excl, interagency items.
U. S.
U.
S,
Footnotes at end of Table 8.
14,076
(Continued on following page)
Treasury Bulletin
128
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES -
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, December 31, 1964 - (Continued)
(In thousands of dollars)
April 1965
129
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Section I - Statements of Financial Condition
Table 5.- Certain Deposit Funds, December 31, 1964
(in thousands of dollars)
Farm Credit Administration
Account
ASSETS
Cash in banks, on hand, and in transit
Fund balances vdth the U, S. Treasury 1/
Investments:
Public debt securities (par value)
Securities of wholly owned Govt, enterprises.
Unamortized premium, or discount (-)
Other securities
Advances to contractors and agents:
Government agencies
Other
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
Total
Federal
intermediate
credit
banks
Federal
Deposit
Insurance
Corporation
Federal Home
Loan Bank
Board
Federal home
loan
banks
123,175
54,405
14,112
11
17,121
139
2,221
2,664
89,721
51,591
4,654,255
44,407
110,532
2,969,620
1,529,695
-27,051
5,000
-331
-692
-14,566
-11,462
5,000
48
48
13
1
117,679
13,377
50,686
12,300
8,540,919
-11,711
491
10,405
-1,671
18,920
2,500
962,910
-10,758
491
705
-537
465
9,800
2,252,528
1,307
-916
1,188
8,394
-218
14,172
3,095
13,497,179
1,027,354
2,U1,692
3,008,873
7,019,260
389
33
6,977
2
120,667
33,208
355
749
74,732
157
1,199,451
13
355
12
111
133
47
1,198,938
12,300
9,800
2,500
7,222,695
181,011
730,460
1,999
2,123,235
4,762
162,924
4,369,000
11,326
8,736,669
749,636
2,168,830
164,208 2/
5,653,995
1,381,617
265,687
94,590
77,324
59,851
50,274
1,227,176
138,088
9U
110,125
1,365,264
187,613
67,024
120,589
2,925,592
38,779
42,148
12
26,524
27,092
954
5,324,523
-953
«
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
NET INVESaiENT
Private interest:
Capital stock
Accumulated net income, or deficit (-),
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 (-)
1,647,304
171,
2,844,665 2/
3,113,206
105,803
162.737
2.844.665
13,497,179
1,027,354
2,441,692
3,008,873
187,613
2,925,592
67,024
38,779
120,589
42,148
2,844,665
Total U. S, investment including interagency items,
Interagency items:
Due from Government agencies (-)
Due to Government agencies
3,113,206
105,803
162,737
2,844,665
-12,313
12,846
-2,501
9,845
-9,800
2,513
-12
487
Total U, S, investment excluding Interagency Items.
3,113,739
113,148
155.450
2.845.141
Total United States interest
Total liabilities and investment
7,019,260
ANALYSIS OF UNITED STATES IMVESTMENT
United States investment
Accum'jlated net income, or deficit (-)
1/
2/
2/
See Table 1, footnote 1.
See Table 2, footnote 7.
The surplus is not available by law for dividend distribution and
reserve for future deposit
is considered by the Corporation as a
expenses with respect to insured banks.
insurance losses and related
Less than $500.
130
nnTjpnTjflTTnwR Aim c.hwi'ain
(fmwM mtrtitoss-typr
Section I - Statements of Financial Coi
Table 6.- Certain Trust Revolving Funds, Dece
(In thousands of dollars)
,
April
.
1965
131
.COKPOEATIONS AMD CERTAIN OIBER BUSIKESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, December 31, 1964
(Continued)
(In thousands of dollars)
General
Services
Administration
Account
National
Archives
trust fund
ASSETS
Cash in banks, on hand, and in transit,.
Fund balances uith the U. S. Treasury 2/Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premiuiD, 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
227
Housing and Home
Finance Agency
Federal National
Mortgage Assoc.
Secondary
market
operations
5,963
102
Civil Service Commission
Employees'
health
benefits
fund
Employees'
life
Insurance
fund
Retired
employees'
health
benefits
fund
10,459
5,026
1,489
66,338
371,865
8,325
-269
-6,724
-101
33,789
22
9,779
217
6
577
3,350
Federal
Communications
Commission
International
telecommunication
settlements
L48
11,187
-3
7
6
70
3,824
1,749
127
409
8,721
1,996,910
-56,440 6/
10,609
138
-27
U
29
11
-17
-20
-4
110,943
383,528
9,733
275
42,109
13,000
82
208
273
68
56
1,151
5,954
522
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
1,988,887
1,389
18,942
16,875
Other:
Guaranteed by the United States
Not guaranteed by the United States..
Other liabilities (Including reserves)...
Total liabilities
1,601,874
6,293
3A
NET INVESTMENT
Trust interest:
Principal of fund
Capitalization of assets (net)
Accumulated net income, or deficit (-).
i89
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 inccme, or deficit (-),
Deposits of general and special fund
revenues (- )
47,420
27,383
63,523
369,869
63,523
369,869
4U
110,943
383,528
9,733
208
118,911
67
50,000
43,060
224,600
Total United States interest
Footnotes 1 through 5 on preceding page.
6/ Represents unrealized purchase discounts.
8,030
9,319
131,540
.
Total liabilities and investment
590
13,658
91,528
489
Total trust interest
1,645,376
5,038
522
1,988,887"
67
Treasury Bulletin
132
.
COEPORATIONS AMD CERTAIN OTHER BUSIMESS-TYTE ACTIVITIES.
Section I - Statements of Financial Condition
7.Outstanding
December 31, 1964, Excluding Interagency Loans and Those Made by
Loans
Table
Deposit and Trust Revolving Funds, Classified by Types of Loans i/
fin thousands of dollars^
April
1965
133
,
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
_..
Section I - Statements of Financial Ckjndltion
Table 7.- Loans Outstanding December 31, 1964, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued) j/
(In thousands of dollars)
Treasury Bulletin
134
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding December 31, 1964,Excludlng Interagency Loans and Those Made by
i/
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued)
(In thousands of dollars)
April 1965
135
.CORPORATIONS
Am
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
Part A.- Classified by Types of Loans
{
In millions of dollars)
To aid agricultxire
End of
period
Total
1/
Fiscal years;
1955
1956
1957
1958
1959
1960
1961
1962
1963
,
1964
Calendar years;
1955
1956
1957
1958
1959
1960
1961
1962
1963
196i
,
,
,
,
,
Total
to aid
agr: culture
Agricultural
credit
corporations
Cooperative
associations
Crop, livestock, and
commodity
loans 2/
19,420.5
20,547.5
21,812.9
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
41,630.0
6,361.7
6,789.6
6,827.5
6,913.4
8,439.7
7,797.5
8,428.3
9,793.0
10,872.8
11,743.9
844.6
894.4
996.5
1,227.0
1,547.4
1,697.8
1,832.2
1,998.6
2,293.5
2,507.3
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
4,656.6
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
2,839.0
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
43,035.8
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
11,773.7
686.5
733.6
928.8
1,160.5
1,396.4
1,502.0
1,651.2
1,841.9
2,100.0
2,256.1
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
4,949.0
37,867.8
38,067.4
40,783.2
41,355.0
11,440.8
10,1?1.8
12,002.5
10,890.0
2,006.5
2,322.7
2,241.5
2,521.3
4,436.7
4,495.6
4,674.2
4,750.5
To aid home owners
Farm
mortgage
loans
634.1
275.3
314.2
359.2
454.0
504.5
558.5
661.6
838.0
Other
Total
to aid
home
owners
^
Mortgage
loans
992.6
44.6
392.5
448.2
447.3
452.0
486.1
530.9
629.1
703.8
748.4
3,094.
3,377.
4,380.
4,628.
5,872.
7,563.
7,763.
8,340.
7,050.
6,699.
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
6,243.9
2,669.7
2,441.6
1,840.7
3,333.9
1,752.8
1,871.3
2,486.2
2,816.9
2,982.3
2,859.8
596.4
289.8
357.5
399.5
484.3
530.4
608.5
768.2
931.0
1,048.0
41.2
366.2
401.9
396.7
413.5
447.5
539.2
598.8
627.3
660.8
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
6,602.8
3,204.1
3,683.1
4,642.0
4,671.8
6,462.1
7,679.1
7,807.9
3,514.9
1,731.2
3,415.7
1,855.9
797.6
891.9
950.7
1,025.1
685.0
690.4
720.5
737.3
7,818.2
6,892.8
6,848.3
6,622.7
.2
74.9
104.5
154.7
231.1
316.6
391.3
466.4
364.5
455.3
.3
6,486.9
88.3
126.6
188.5
273.0
353.1
440.4
429.9
423.6
6,055.3
547.6
7,407.0
6,522.3
6,395.4
6,122.0
411.1
370.6
453.0
500.6
7,8U.9
Current quarters;
1963-March
September
1964-Maroh
September
31
30
31
30
Treasury Bulletin
136
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TTOPE ACTIVITIES.
Section I - Statements of Financial Condition
8.Loans Outstanding by Periods for All Business-Type Activities
Table
Excluding Interagency Loans but Including Foreign Currency Loans - (Continued)
Part B. Classified by Agencies
(In millions of dollars)
Agricultxire Department
Agency
for
End of period
Total
International
Development 7/
1/
Fiscal years:
1955
1956
1957
195s
1959
I960
1961
19<'2
190
1964
Calendar years
1955
1956
1957
1958
1959
I960
1961
1962
1963
196i
Current cpiarters:
1963-Mar.
31..
Sept. 30..
1964-Mar.
31..
Sept.
30..
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
41,630.0
1,691.6
1,885.5
2,111.3
2,436.7
2,394.2
3,263.1
3,655.5
5,027.1
6,123.0
7,415.8
20,506.3
21,091.5
22,755.6
28,277.7
31,122.6
34,849.2
37,728.2
40,421.0
43,035.8
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
8,129.3
37,867.8
38,067.4
40,783.2
41,355.0
5,586.6
6,266.4
6,904.9
7,842.4
2S851.1
Dept.
Development
loan
fund 8/
Com-
1.5
67.0
262.1
513.5
5.9
159.3
378.8
Housing and Home Finance Agency
Farmers
Home
Administration
2/
Rural
Electrification
Administration
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
2,814.8
769.6
810.6
866.5
902.7
962.6
1,013.1
1,110.6
1,322.0
1,582.4
1,793.4
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
3,869.3
276.1
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
2,845.7
681.3
757.6
332.1
841.3
915.9
983.9
1,139.9
1,363.5
1,575.7
1,756.0
2,348.0
2,438.2
2,687.6
2,874.4
3,082.7
3,287.3
3,458.4
3,600.3
3,784.3
3,956.5
260.7
276.5
265.4
226.3
195.2
171.3
141.3
123.1
119.7
117.2
3,502.0
1,716.6
3,395.6
1,835.8
1,512.2
1,617.4
1,716.5
1,813.2
3,658.7
3,738.1
3,831.7
3,908.7
129.7
123.2
117.3
111.1
modity
Credit
Corporation
-
Fiscal years:
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
Calendar years
1955
1956
1957
1958
1959
i960
1961
1962
.1963
1964
Federal
Housing
Admin- Manageistra- ment and
tion
liquidating
56.6
166.7
202.2
291.8
348.7
244.3
67.
183.3
236.2
321.3
353.2
168.7
Maritime
activities
IV
113.1
Health,
Education, and
Welfare
Dept.
Dept.
Office of
Education
tion
Expansion of
defense
produc-
.5
.4
11.9
14.5
16.9
13.3
30.8
72.7
130.7
205.2
295.5
409.1
14.6
14.3
13.3
12.3
10.9
9.4
.6
.6
.5
.4
13.2
15.8
18.0
14.7
14.3
13.6
12.7
11.6
10.0
3.6
.7
.6
.3
111.5
179.4
255.6
344.4
476.6
294.8
339.6
403.1
^^57.2
Treasury Department
HHFA
General
Services
Administration
12/
Office
of the
Administrator
RFC (in
liquidation)
10/
Expansion of
defense
prod.
202.1
116.6
70.4
170.9
185.4
180.2
181.7
169.4
162.9
121.6
121.3
53.0
17.9
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
3,263.1
154.8
152.6
229.4
308.2
456.7
477.2
679.5
905.4
1,116.8
1,433.1
1,755.8
2,074.0
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
3,264.6
83.8
82.6
81.5
80.3
79.1
163.1
165.5
162.2
149.0
161.9
264.3
352.4
356.7
570.1
835.1
1,007.7
1,243.3
1,625.4
1,907.1
2,318.2
3,311.2
3,316.1
3,278.6
3.263.7
150.5
150.8
153.0
148.7
1,688.9
1,831.4
1.994.5
2,174.5
143.2
89.4
51.1
17.3
11.3
10.3
54.9
9.7
49.9
17.5
52.1
8.9
Other
u/
34
83
32
81
79
162
165
173
Veterans'
Export- Import Bank Farm Credit Administration
Fed. Home
of Washington
Loan Bank
ExpanFederal
Federal Board
Loan
Public
Banks
Direct
sion of
Farm
interguaranty
Housing loan
for
Other
defense
Mortgage mediate
Adminis- program revolving
coopeiv
Fed. home
producCorpora- credit
fund 1^
tration
atives
loan
tion
tion 12/ banks
banks
(Continued)
Administration
Federal National
Mortgage Association
End of period
Interior
Commerce
Secondary
market
Special
assistance
2,584.
2,495.
2,356.
2,213.
2,030.
1,726.
1,587.
1,416.
1,270.
1,123.
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
2,021.0
24.6
164.2
1,211.1
1,690.1
1,823.8
1,907.6
1,612.2
1,499.5
2,555.7
2,417.8
2,289.9
2,124.3
1,949.5
1,659.5
1,507.9
1,339.8
1,174.3
1,113.7
85.7
643.7
1,635.8
1,380.7
2,049.3
2,903.0
2,371.9
2,846.6
2,061.8
1,996.9
1,305.1
1,202.8
1,150.5
2,528.3
2,091.4
1,128.-5
1,983.2
99.5
90.1
94.2
91.3
39.1
93.1
97.5
97.1
93.8
43.3
370.2
433.3
521.3
694.1
824.7
1,054.9
1,228.7
1,343.2
1,275.4
1,252.3
60.5
73.3
106.8
156.8
231.8
315.6
388.5
461.0
354.5
441.7
22.3
30.3
36.5
32.4
28.4
24.4
15.1
2,773.6
2,681.5
2,630.2
3,061.3
3,486.6
3,263.0
3,414.9
3,712.2
3,815.6
3,533.0
321.7
349.1
384.3
410.0
525.9
553.1
596.7
693.4
702.2
759.2
11.6
412.8
463.8
640.4
745.6
893.8
146.7
,309.3
68.2
91.2
129.2
190.0
272.8
351.3
436.5
422.1
411.7
23.5
38.2
34.4
30.4
26.4
22.3
2,702.2
2,663.1
3,005.6
3,332.1
3,231.3
3,290.5
3,893.8
3,530.7
3,610.5
3,472.3
375.1
457.1
454.5
511.3
622.9
650.1
697.1
736.5
842.0
962.9
11.6
397.
92.9
106.0
105.4
95.9
87.4
99.3
95.4
151.6
134.6
46.6
1,816.2
1,555.9
1,521.2
1,441.8
165.0
130.0
62.8
58.9
1,384.8
1,261.5
1,268.9
1,258.4
Lii
3,592.6
3,593.6
3,332.7
3,501.9
761.4
737.0
818.9
811.5
.4
5.6
72.2
413.6
568.4
779.1
881.2
537,
,379.9
,265.1
,259.3
530.1
8.0
3.9
2.2
2.2
Small
Business
Administration
846.6
897.7
996.5
1,227.0
1,547.4
1,697.8
1,330.9
1,998.1
2,292.7
2,507.3
1,016.9
1,173.4
1,079.4
929.5
1,537.1
1,769.8
1,869.4
2,767.1
3,269.8
4,768.9
689.4
733.6
928.8
159.0
395.9
501.7
651.2
840.9
100.0
252.5
,416.8
,228.2
,265.2
,298.3
,134.3
,980.8
,662.2
,479.0
,784.2
,324.5
539.5
695.9
754.2
902.5
2,006.5
2,322.7
2,239.9
2,520.8
2,513.6
4,024.2
4,168.0
4,337.0
705.0
728.5
763.6
838.3
34.9
85.1
154.8
245.5
346.6
393.7
466.0
644.7
726.2
801.4
54.1
115.6
202.9
292.8
370.8
427.5
Other
18/
27.8
31.2
34.6
37.8
47.6
234.9
237.0
397.4
521.2
697.2
29.7
30.4
U.5
31.5
33.7
234.7
333.7
424.1
598.2
556.5
Current quarters:
1963-Mar. 31..
Sept. 30..
1964-Mar. 31..
Sept. 30..
338.6
357.0
307.9
189.8
Footnotes on page 133.
2,0U.5
402.4
359.1
U0.3
485.2
447.6
536.5
609.0
17.6
April
1965
137
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Footnotes to Table
1/
2/
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 $5,442
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
1
Assistance Act of 1954, as amended, and the Mutual
Security Acts, as
amended. Dollar equivalents are computed for
reporting purposes, to
provide a common denominator for the currencies of the
many co-ontries
involved. Foreign currencies on hand and on deposit and
loans under
section 104 (e) of the Agricultural Trade Development and
Assistance
Act of 1954, as amended, are stated at the rates as of
December 31.
1954, at which the United States could purchase currencies on the
market 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 guaranteed as to rate of exchange are stated at rates specified in the
agreements.
Less than $500.
Footnotes to Table 2
1/
2/
2/
^/
^
6/
2/
Included beginning December 31, 1964,
See Table 1, footnote 1.
Certificates of interest amounting to $540 million, issued against
certain of these loans, were outstanding December 31, 196^,
Foreign currency assets are included throughout the table (see Table
1, footnote 2).
Represents transfers of principal and interest to miscellaneous
receipts of the United States Treasury,
Includes operating and administrative expenses.
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
Activity
(Ir1 millions
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:
Urban renewal fund
Federal Housing Administration
Public Housing Administration:
Local housing authority bonds and notes
Local housing authority temporary notes
Veterans' A dmi nistration:
Loan guaranty revolving fund
Federal Deposit Insurance Corporation
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation,
Interstate Commerce Commission
8/
2/
10/
11/
Treasury Btdletin
138
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Footnotes to Table 8
1/
2/
3/
4/
^
6/
7/
B/
2/
10/
11/
Table 8 relates to all loan programs of Government agencies.
It includes not only the United States dollar and foreign currency loans
summarized separately in Table 7, but also the loans made, all in
United 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 purchase 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.
Major portion of Veterans' Administration guaranty fund loans is included under "Mortgage loans" in 1955 and under "Other" thereafter.
Loans include participation certificates beginning December 31, 1964.
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 1J^..
Includes loans to insurance con5>anies amounting to $3.4. 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, piirsuant to the act approved September
4, 1961 (75 Stat. A45), 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 ftmd, the farm housing and other loan programs, the
State rural rehabilitation funds beginning June 30, 1956, the direct
loan account beginning December 31, 1961, and the rural housing for
the elderly revolving fund beginning June 30, 1964.
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.C. 609), the Reconstruction Finance Corporation started
liquidation of its activities, except those carried on by the Corporation pursuant to Section 409 of the Federal Civil Defense Act
of 1950 (50 App. U.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 conqjlete 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/
l/J
1^/
16/
V7/
18/
*
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, I960.
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, 1964,
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 to 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 included in this table
(see footnote 1 at end of Table 7).
Thp Veterans' Administration loan guaranty program 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
assets and were not included in this table. These notes have now
been reclassified as loans, and from June 30, I960, through June
On October 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 Ariny - 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, AniQr, and Navy,
and the General Services Administration as of December 31, 1959.
Less than $50,000.
April
1965
139
.CUMULATIVE TABLE OF COHTENTS.
May 1964 through April 1965
Issue and page n\imber
1964
Reporting bases.
Articles:
Treasury financing operations
Summary of Federal fiscal operations.
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
Summary of internal revenue receipts by States, calendar year 1963
1965
May
June
II
II
11
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
1
1
1
1
1
1
1
1
1
1
July
Aug.
Sept.
Nov.
II
Dec.
Mar.
II
II
Apr.
II
;
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 reden^itions 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
Dnen^loyment Trust Fund
National Service Life Insurance Fund
Investment of specified trust accounts in public debt securities,
by issues (latest date December 31, 1964)
Consolidated cash transactions;
Summary of Federal Government cash transactions with the public.
Intragovemmental 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 cash transactions through the Account of the Treasurer
of the United States
Debt outstanding:
Summary of Federal securities
Con^juted 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 issues 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...
Disposition of matured public marketable securities other than
regular weekly Treasury bills
Foreign series securities (nonmarketable) issued to official
institutions of foreign countries
Foreign currency series securities (nonmarketable) issued to
official institutions of foreign countries
*.
2
3
i.
5
6
7
8
10
10
10
11
11
12
12
10
10
10
10
11
11
12
13
13
9
9
11
11
10
10
13
10
12
12
10
10
11
11
13
11
12
13
11
12
10
11
11
12
12
13
10
U
12
12
14
11
12
U
15
13
13
14
12
12
14
13
13
15
13
15
16
14
14
15
15
13
13
15
14
14
15
16
16
14
18
19
16
17
20
21
18
16
17
17
18
U
16
16
15
15
19
17
18
16
17
17
18
20
19
18
19
22
23
19
18
23
20
19
24
19
24
21
20
25
25
25
26
22
22
21
21
26
26
23
20
20
21
23
22
27
21
22
23
26
27
28
23
22
29
23
24
25
24
25
23
24
27
28
29
25
30
26
24
29
26
25
30
25
30
26
31
28
26
28
30
32
27
29
31
32
34
36
29
31
33
27
29
31
39
39
22
17
18
15
16
20
21
18
23
24
19
20
17
19
18
20
25
21
26
26
22
22
2J.
21
21
22
27
25
26
22
23
24
27
28
24
25
20
21
19
26
28
29
30
16
17
21
18
27
27
28
18
16
17
22
23
23
23
31
16
17
21
22
19
ao
23
23
24
21
21
22
24
25
22
23
24
26
25
32
28
26
31
33
35
37
29
31
33
27
29
32
34
28
30
26
28
31
36
32
30
31
33
35
41
47
37
43
35
41
40
46
36
42
34
40
46
36
43
34
38
43
36
40
34
38
45
U
49
45
43
49
46
41
46
43
41
49
A9
48
53
49
47
53
50
44
49
46
53
U
57
56
61
57
55
61
58
51
56
53
51
61
59
64
60
59
65
62
55
60
55
60
57
64
(Continued on following page)
Treasury Bulletin
uo
.CUMULATIVE TABLE OF COHTEMTS.
May 1964 through April 1965
-
(Continued)
Issue and page number
1965
1964
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
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, 1964)
May
June
66
66
67
69
70
62
62
63
65
July
61
61
62
64
Aug.
66
66
67
69
Oct
Nov.
Dec
62
62
63
61
64
64
65
64
67
67
68
70
Sept.
61
62
70
Feb.
67
57
57
58
60
68
61
65
71
71
66
65
72
66
67
65
66
73
68
67
71
62
62
63
65
66
67
59
59
60
62
66
65
72
73
66
67
65
72
73
68
69
61
66
62
69
64
74
68
67
74
70
63
70
65
63
63
:
78
Market quotations:
End-of -month closing quotations on Treasury securities by Issues
Chart - Yields of Treasury securities
77
79
72
74
71
Average yields of long-term bonds
Average yields of Treasury and corporate bonds by periods.
Chart - Average yields of Treasury and corporate bonds....
80
75
74
81
76
75
82
83
83
84
85
77
78
78
79
80
76
77
77
78
79
73
74
82
84
72
74
71
78
SO
74
76
67
69
78
73
69
71
85
86
75
74
81
81
75
82
77
78
70
76
71
82
72
73
87
77
78
78
79
76
77
77
78
79
83
79
80
80
72
73
73
83
74
84
84
84
84
85
81
74
85
75
75
76
:
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
September 30, 1964)
Exchange Stabilization Fund (latest date
Balance sheet
stabilization agreements
U S
Income and expense
.
89
90
79
79
80
80
81
81
81
81
December 31, 1964):
.
75
76
76
National bank reports:
Earnings, expenses, and dividends for calendar years 1959-63.
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
tF. S
monetary gold transactions (net)
Estimated gold reserves and dollar holdings of foreign countries
and international institutions
Liabilities to foreign official institutions and international and
regional organizations
.
Capital movements between the United States and foreign countries:
Summary by periods beginning 1946
Summary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-terra banking claims on foreigners, latest month
Long-term banking liabilities to and claims on foreigners,
latest month
Purchases and sales of long-term securities by foreigners,
latest month
Short-term liabilities and claims reported by nonflnanclal concern;
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 1964
86
82
82
86
87
82
83
82
83
89
92
and certain other business-type activities
of financial condition tlatest date December 31, 1964/
expense (latest date June 30, 1964)
application of funds (latest date June 30, 1964)
82
77
86
77
87
82
83
77
78
86
87
77
78
88
79
82
85
91
92
82
82
83
83
84
89
84
79
84
85
90
85
80
86
89
98
99
87
90
99
100
92
95
104
105
87
90
99
100
82
85
94
95
91
94
103
104
94
95
101
106
101
96
105
96
97
106
107
85
102
88
97
98
94
97
106
107
103
99
99
108
104
105
100
100
109
110
101
87
81
85
88
97
98
101
107
108
101
98
99
Foreign currencies acquired by the United States without purchase
with dollars:
Transactions and balances In Treasury accounts
Transactions and balances in agency accounts
Corporations
Statements
Income and
Source and
91
103
103
111
111
:
103
108
128
113
104
105
\
I
t
c
Treas.
HJ
U.S. Treasury Dept.
10
.A2
Treasury Bulletin
1965
C.2
@FedFRASER