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LIBRARY

\

^t

ROOM 5030
JUN

TREASURY

?,

11972

DEPARTMENT

:i^

mEASUEY.
MUILILIETrnN

RUGUST-iaSE

UNITED STRTES TRERSURV DEPRRTMENT
DFFICE DF THE SECRETBFIV

^1

August 1952

Table of Contents

Page

Treasury financing operations

A-1

Summary of Federal fiscal operations

1

Budget receipts and expenditures

2

Trust account and other transactions

S

Treasury cash Income and outgo

12

General Fund of the Treasury

15

Debt outstanding

l6

Statutory debt limitation

21

Debt operat Ions

22

United States savings bonds

27

Treasury savings notes

3^

Ovmershlp of Federal securities

37

Treasury survey of ownership of Federal securities..

39

Market quotations

'^3

Yields of Treasury and corporate bonds

'^1

Internal revenue collections

^9

Monetary statistics

53

Exchange Stabilization Fund

57

Capital movements

59

Cumulative table of contents

72

Note: In those tables In which figures have been rounded
to a specified unit, all calculations (including
percentages have been made from unrounded figures.
Consequently the details may not check to the
total shown.
)

.

Auqust 1952

Treasury Financing Operations

Refunding of August and September Certificates
On July 30, 1952,

announced the offering on August '^ of an Issue of
one-year 2 percent certificates of Indebtedness, to
be dated August I5, 1952.
These securities were

offered In exchange for two outstanding Issues of
certificates:

$5,000,

$10,000,

$100,000,

and $1,000,000.

the Secretary of the Treasury

Series C-1952, maturing August I5,

I952,

In the amount of $583 million, and Series D-I952,

Announcement Regarding Treasury Bonds Callable
December I5, I952
The announcement of August K, 1952, stated
also that the option to call for redemutlon on
December I5, I952, the four Issues of Treasury bonds

of Series C-1952, and at par with an adjustment of

eligible to be called on that date, would not be
exercised.
These Issues are the 2 percent bonds
of December I5, I95I-55, June 15, 1952-5!+, and
December I5, 1952-5i(-, and the 2-1/1+ percent bonds

Interest as of August 15, 1952,

of June 15,

maturing September

1,

1952,

In the amount of 81,832

Exchanges were made par for par In the case

million.

Series D-I952.

In the case of

1952-55.

Cash subscriptions were not received.

Treasury Bills Refunded

Details of the offering were announced on
August

4,

the date the subscription books were opened.

The books were closed at the close of business on
August 7.

Weekly maturities of 91-day Treasury bills
during July totaled $6.9 billion and were refunded
In equivalent weekly amounts.
The amount of the
July 3 offering was $1.2 billion, the next three

offerings $1 U- billion each, and the July 3I
offering $1.5 billion. The average rates of diecount on the new Issues were l.ygg percent for
July 3, 1.793 percent for July 10, l.glO percent
for July 17, 1.850 percent for July 2l+, and 1.877
percent for July '^1.
.

The new certificates.

Interest from August I5, 1952, at the rate of

cent per annum,

bear

Series C-I953,
2

per-

payable with the principal at

maturity on August I5, 1953. Tbs certificates were
Issued In bearer form only In denominations of Jl,000,

Sot«i

Details of Treasury Barket financing operations are
sbovn tlsewbere in this issue of the "Treasury
Bulletin", in the tables on "Offerings"
and "Dis-

position", respectively, of narketable issues of
bonis,
notes, and oertificatee of indebtedness, and in the table
"Offerings of Treasury Bills"

August I9i2

SUMMARY OF FEDERAL FISCAL OPERATIONS

Treasury Bulletin

BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
(In mllllone of dollars)

August 1952
BUDGET RECEIPTS AND EXPENDITURES

,

Table 3,- Expenditures for National Defense and Related Activities
(In mllllcsis of do3Jja«}

BeoonatmoDopaarteflsit

of the
Air Force

FlBoal jear

11/
19Vt

191*7
191*8

89,720
90,501
U8,870
16,812
11,500

191*9

12,158

1950
1951
1952

12,31*6
19,961*

191*5
19>»6

1,690
3,506
6,238
12,35016/

Juna

2,682
1*72

15,161

6,9U

1*,998
l*,171

1,986
870

328
138

l*,l*12

10
1

5,1*17
1»,058

1*,110

6,876
15,1*1*3

li/

5,757
9,961

1,195
1,197
1,299

768

3,1*11*

1,018

1,1*21

3,155

1,051*

1,108

1,227
1,<S»

3,775
3,791
3,699

1,213

1,357

1,0M

1,1|06

1,25016/

l,27ltl^

Nvok

2i/

30,01*7

91*1

996

£0/

26,538

1,091*

2,628

Coz^ratlon

Unltwl
Statea
Marltlju
ConniaalOD

tlCQ
Flnanoe

50,337
27,800

3.166
3,015
3,070

3,01*0

Fa^manta
under Amed
Foroea
Lsanra Act

1*9,21*2

759
792
671

Ootobar...
NoToiber..

Itay

12/

1,182
1,210
1,036

2,930

Airll

Hanry

916
897
778

1951-July
AugUBt . . .
Sapt«mbor,

1952 -January. ,
rabrujary,,

Departanant
of the

6,01v6

39,106

Decen^r.,

Deporbaant
of the
Pxmj
18/

.

Surplus
property
dlepoaal

Strategic
and
orltloal
materials

other

34/

23/

3,812
3,227
691*

7,1*1*7

111*
66l»

271
277

1,501

268

136

25

6,305
l*,117

106

55"*

325

11
99

98

299

7

1*39

71
225

1*1*

3

656

1*35

1

81*7

503

750

771
898
^&^

31*

108
112
lA
28
18

ko
38

58I.

5k

1,071
X,17<
938

101
97

Skilj trraniiy Stateaaat.
Footnotea at and of Table 5>

Source:

Table 4.- Expenditures for International Finance and Aid
(In mllliona of dollars)

172

39
30
32

65
Its

1*1

37
51
bo
II
65

Treasury Bulletin

BUDGET RECEIPTS AND EXPENDITURES,
Table 5.- "Other" Expenditures
(In mlllionfl of dollare)

Fleoal year
or aontb

Aiu/ast 1952

BUDGET RECEIPTS AND EXPENDITURES

Table 6.- Summary of Budget Results by Months and Years

Treasury Bulletin

BUDGET RECEIPTS AND EXPENDITURES
Table 7.- Social Security Act

-

,

Budget Receipts and Expenditures

(In milllona of dollars)

Auqust 1952
BUDGET RECEIPTS AND EXPENDITURES,
Table 8.- Railroad Retirement Act

-

Budget Receipts and Expenditures

(In millions of dollars)

.

Treasury Bulletin
.

THUST ACCOUMT AMD OTHER TRAMSACTIONS

Table 1.- Summary of Trust Account and Other Transactions
(In millions of dollars)

August 1952

,

TKUST ACCOUnr AND OTHEP TRANSACTIONS

Table 3.- Trust Account Expenditures Other Than Net Investments
(in mlHionfl of dollarB; negative figures are exceae of credits)

Treasury Bulletin

10
THUST ACCOUNT AMD OTEEB TRANSACTIONS.

Table 5.- Federal Old-Age and Survivors Insurance Trust Fund A/
(In mllllona of dollars)

.4[i(/u5r

19i2

11

TWJST ACCOUMT AND OTHER TRANSACTIONS.

Table 7.- Unemployment Trust Fund
(In mllllona of dollars)

Treasury Bulletin

12
.TREASUHY CASH INCOME AMD OUTGO.

Table 1.- Summary of Cash Transactions
(In mllllanfl of dollara)

August 1952
13

.TREASURT CASH INCOME AHD OtTTQO.

Table 3.- Derivation of Cash Budget Expenditures
(In millions of dollars)

Treasury Bulletin

li^

.TBEAStJFS CASE. UiCQME AHD OITPQO.

Table 5.- Derivation of Cash Borrowing or Repayment of Borrowing

August 1952

15

GENERAL FUND OF THE TREASURY.
Table 1«- Status of the General Fund
(In mlllionfl of dollare)

Bullion, coin, and
currency

End of fiscal
year or month

Deposits In Federal
Reserve Banks
Arallatile

Gold

funds

666
558

In process
of collection

Deposits In
special
depos
rsltaries
1/
_

other
dspoeits
and
collections

Balance 1a
the General
Fund

Uatilltles

232
191

1,1*2
1,500
1,006
1,202
1,928

219
191
176

U38
950
338

7,''8l

1,022
1,052
l,0h6
1,009

19^

333

250
355

1950-Docaiiiber.

U,72lt

1,052

181

690

129

2,3lA

327

1*92

1*,232

igsi-Juiy
Auguat.. ..
September.

6,032

1,060
1,0U7
1,0U3

179
176
175

58U

11*5

3,691*

1*12

1(59

111
226

3,2Wt

369
392

It,

51*7

1*17

1*39

5,620
5,095
6,916

1,035
1,022
1,033

l81t

'(93

1*37

523

871*
l*,62l»

321

3,021
2,901
2,693

1*37

Wl

173

151
109
1U6

1*28

198

1*1*9

521

l*,295

1,025
1,003
981

219
205
212

162
558
169

316
193
333

3,216
5,228

537
525
523

625
605

6,81*0

997
999
1,009'

206
197

ky>
569
333

195
125
355

3,779
3,690
5,106

5,393

19Wt

1*5

1^

19'H
19't8

20,775
25,119
1U,708
3,730
5,370

15^
150
160
1,023
1,073

3,862
5,927
7,871

19'»9

1950
1951
1952

October,
Norember..
December..
.

1952 -January...
FebruazT..

March
April
He;
Jtna

5,'t31

7,356

5,311
5,l't7
I>,8l6

'*,306

5,700
7,W>5

6,108
6,0l»6
7,l»8l

21*3

123
103
llt3

91*7

19''

18,007
22,622
12,993
962
1,773

507
289
305
310
283

1,771
3,268
5,680
5,106

2,01*8

607
1*21

20,169
21*, 698

1*70

ll*,238

1*22

3,308

1*38

l*,932

309
323
380

392

3,1*70

1*10

1*81*

512

5,517
7,357
6,969

511*

336

I*,

1*27

3,879
5,075

Wl

715

1*66

621*

5,1*21

1*81*

512

6,969

Source: Dally Treasury Statoaent.
1/ On account of withheld taxes and sales of (rorernment securities.

Table 2.- General Fund Balance by Months
{EoA of month. In millions of dollars)

Jan.
1932.
1933.
1935.
1936.

1937.
1938.
1939.
191*0,
191*1.

191*2.
191*3.

June

July

61*7

292

38I*

1*17

11*5

21*1

36I*

83U

1*,902

l*,8l8

2,291*

2, 081

2,1*1*6

1,935

2,001*

1,767

2,866

2,1*1*2

2,022
1,957
2,358

862
2,582

1,726
2,950
2,933
2,282
2,025

1,539
2,975

1,826
3,11*0

1,702
2,689

2,567

3,31*3

3,389

3,0l*4

2,921*

2,350
1,701

2,511*

2,210

2,030

2,715

2,1*25

1,901*

2,553
2,216
2,838
1,891
2,633

2,950

3,562
5,392
19,155
17,313
25,961

3,'*93

2,851
12,617
12,279
11,366
20,935

2,812
12,687
8,522
9,625
18,536

2,991
9,507
20,169
21*, 698
1U,238

1*,312

1*,066

3,308

3,069

612
3,995

l*,9l*6

l*,932

3,163

l*,702

l*,l*61*

6,955

5,782

5,393

5,1*21

6,969

12,239
19,606

191*6.

25,1*27

I9U7.

1*,711

1,179
16,606
15,277
2l*,367

191*8.

l*,61*8

191*9.

l*,659

1950.
1951.

5,01*9
l*,lt5lt

5,291
5,186
5,382

6,909
5,353
5,767
6,121
8,569

1952.

3,879

5,075

6,81*0

Dally Treasury Statement.

May

1*93

191*5.

Source:

Apr.

376
221

7,721*

191*1*.

Mar.

327
1,537
2,319

31*0

193!*.

Feb.

7,131*
'*,3l8

I*,

1,751*

1,81*1

2,682

Aug.

862

755
909
1,812

590
1,107
1,597

1,1*73
1,761*

1,1*31*

2,6o3

2,1*15

2,676
2,569
1,913
1,920

2,266

2,61*1

2,1*72

339
1,200
2,137

1,789
2,230

1,'»75
1,901*

2,193
1,799
2,188

2,639
2,116

2,902
2,260
2,231

2,860
2,978
2,178

2,258
2,599

2,1*51*

2,873

3,288
8,595

3,151*
6,361*

21,921*

17,672
18,631

2,1*1*7

22,082
12,029

1,11*6

1*,302

1*,896

18,158
15,117

19,297
9,990
12,813
8,070

16,131*

11,01*0

10,171

5,07"*

3,1*00
1»,832

3,1*70

3,337

1*,!*18

5,517
7,357

l*,500

5,185
5,095

3,952
5,583
5,699
5,505
6,916

5,620

Dec.

Sept.

1,1*06

2,1*1*7

555
1,026
2,56lt

2,209
1,906
2,973
3,083

2,165
1,817
2,319

2, It 76

3,082
l5,958
9,803

10,51*3
12,291*

lit, 1*1*5

6,665

1,928
3,560

22,236
26,003
3,502

'*,737

!t,lt22

'*,1'*5

lt,139

3,097
It, 208
It, 679
It, 232

11,871*

lt,62lt

lt,295

'*,107

3,935

80a

1*,385

I*,

:

.

Treasury Bulletin

l6

DEBT OUTSTANDING.
Table 1.- Summary of Federal Securities
(In minions of dollars)

End of
fiscal
yoar or
month

Putllc
dett

Guaranteed
eecurl-

Public
debt

191*5
igiiS

w"*?
191*8
191*9

1950
1951
1952

Guaranteed
securi-

Public debt
InterMonetary
national Fund
2/
Bank 2/

ties

tles
1/

I9W

Matured debt and debt bearing no Interest

Interest -bearing debt

Total outatanding

1/

202,626
259,115
269,898
258,376
252,366

201,003
258,682

1,623

269,1*22

1*76

258,286
252,292

90

252,798
257,377
255,251
259,151

252,770
257,357
255,222
259,105

27
20
29

2,231*

l,k60
2,326
1,311
3,173
2,229

201
269
376
231
280

21*

2,0:12

2,009

21*5

17
27

2,150
2,372
2,2W*

2,11*8

2,370

201,059
256,766
268,578
255,197
250,132

199,51*3

1,516

256,357
268,111
255,113
250,063

1*09

83

1,567
2,350
1,321
3,179

69

1*6

250,785
255,226
252,879
256,907

250,762
255,209
252,852
256,863

1*33

73

1*67

Other
2/
1,259
2,057
935

1*16

1,721*

66

1,161

1*1

265
512

1,063
1,270
1,283

2,21*2

1*19

1,271*

802
722

660
613
575
550

Guaranteed
securities 1/
(matured)

107
21*

10
6
5
3

2
2
1

Debt peak
1,063

279,76"*

279,211*

551

278,1*51

277,912

539

1,313

1,301

238

1950-DecenLber..

256,731

256,708

21*

251*, 301*

251*, 283

22

2,1*27

2,1*25

562

1,270

593

1951- July
August. . ..
September.

255,685
256,677
257,386

255,657

28

253,351

32
33

25l*,351
25l*,990

26
31
32

2,331*

256,61*1*

253,325
251*, 321
251*, 958

2,332
2,323
2,395

1*77
1*62

1,283
1,293
1,293

572
569
566

October...

258,336

258,298

37

255,975

255,91*0

36

259,61*7
259,1*61

259,601*
259,1*19

1*3

257,291*

1*1

U2

257,111

257,253
257,070

2,360
2,353
2,350

1,293
1,301
1,296

56I*

NoTeanber..

1952 -January...
February,.
March

259,813
260,399

259,775
260,362

257,518
258,171
255,833

36

1,291

258,136

258,o81(

38
37
Ul

257,1*82

258,121*

35
39

559
557
556

April
May
June

258,337
259,951
259,151

258,292
259,905
259,105

kk

256,11*11

1*5

257,782
256,907

256,102
257,739
256,863

Feb. 191*6

December..

257,353

1*6

1*0

255,791*

2,325
2,397

536
502

2,359
2,351

1*89

2,31*8

1*92

2,295
2,228
2,291

2,226
2,290

1*16

1*1*

2,192
2,168

2,191
2,167

385
362

1,253
1,253

1*1*

2,21*1*

2,21*2

1*19

1,271*

1*3

2,291*

1,253
1,253

U81

562
560

553

551
550

Source! Dally Treasury Statement.
Footnotes at end of Table 2.

Table 2.- Net Change In Federal Securities
(Increase, or decrease (-), In ndllianfl of dollars)

Fiscal yoar
or month

Public
debt

Guaranteed
securi-

Public
debt

ties

61,830

191*5
191*6

56,1*89

191*7

19U8

,

10,783
-11,523
-6,010

307
57,679

-2,U77
-1,190

10,71*0

1*3

-11,136

-387
-16

61*,

-5,991*

Public debt

Guaranteed
securi-

International
Bank 2/

ties

1/

i/
191*1*

Matured debt and debt bearing no Interest

In teres t-bearlBg debt

Total outstanding

-U6
-3
10
16

11*1*

60

81*

782

866
-1,011*

798
-1,122

-383

-1,029
1,858

68
108

1,862

-11*5

1*16

1,721*

-11*

-91*6

-91*1*

1*9

-350

-563

698

-1*5

-7
10
17

-221
138
222
-128

-220
139
222
-128

-35
20

-25

U,ltJi8

-12,997
-5,050

653
U,U(1

61t,l63

56,813
11,751*

-2,576
-1,107
58

191*9

1*32

1*78

l*,579

'*,587

-2,126
3,900

-2,135
3,883

1951- July
August. .
September

1*31*

992
710

October.,
NoTember.
December.

91*9

1,311
-186

9U5
1,306
-186

1952 -January.
February.
March ....

352
586
-2,275

357
587
-2,278

1*07
65I*

1*12

651*

III

:S

-2,338

3l(2

61*

61*

213
l,6lU
-800

209
1,613
-800

312
1,638
-875

308
1,637
-876

-99

-99

-21*

-21*

-96
-22

75

76

56

1/

2/

Other
1/

21*3

61,587
55,707
11,812
-13,381
-5,065

1950
1951
1952

April
May
June

Monetary
Fund 2/

2U7

-1*1

-98
207

-62

13
-9

-38

-1
-1
-1

-1*7

1*35

lt72

1*73

-38

-38

1,000
638

996
637

-9
72

-9

-35
-15

-3

98a
709

72

71*

-2

-36
-7

-36
-7

-31*

1,319

982
1,313
-183

-3
-2

-l81i

-2

-3

^
*

-1

3

-28
65

-26

-1*

-13
-1*8

,

Excludes guaranteed securities held by the Treaaury. Beginning I9U5,
the interest-bearing debt shovn here oonaleta of F.H.A. debentures aM
C.C.C. demand obligations; details by iaeues were presented in a
separate table, corering earlier jeare also, vbich appeared in the
"Treasury Bulletin" for August 1951 and In prior iaeuesi currently,
the amounts outetandir^ are shown each month in the "Treasury Surrey
of Ownership", Tables 3 and 1*.
Special notes of the United States Issued to the International Bank
and the International Monetary Fund In payment of part of the

-93

-11*

-3
-2

-2,358
It, Oil

I*,

99
-83

-133
-80

028

-2,31*7

Guaranteed
securities 1/
(matured)

-5
-38

-2
-2
-1
-3

-2
-2

United States aubaoriptiona to these inatltutione, pursuant to
prOTisions of the Bretton Woods Agreements Act. The notes bear
no interest, are nonnegotlable, and are payable on demand.
Includes savings atampe, excess profits tax refuui boMs, and
currency items. For current-month details, see "Statutory Debt
Ll^tatlon", Table 2.
Less than $500,000.

August 1952

17
.DEBT OOTSTANDUG.

Table 3.- Interest-Bearing Public Debt

IS

Treasury Bulletin
.UEBT OOTSTAKDHC.

Table 5.- Special Issues to United States Government Investment Accounts
(In millions of dollare)

End of flBCEd
year or month

August 1952
19

.HEHT OOTSTANDHC.

Table 7.- Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies -JJ

Treasury Bulletin

20
JJEHT ourarAHDnc-

Table 8.- Public Debt and Guaranteed Securitiee Outstanding by Nkinths
(End of month. In mlUlons of dollara)

Apr.

July

May
Puillo dett

1932

Aug.

Sept.

August 1952

21

STATUTORY DEBT LIMITATION
3I U.3.C.
The Second Liberty Bond Act, as amended,
provides that the face amount of obligations Issued
(

757 b),

and the face amount of
under authority of that act,
obllgatlone guaranteed as to principal and Interest by
the United States (except guaranteed obligations held by

aggregate *275 billion outstanding at any one time.
Obligations Issued on a discount basis, and subject to
redemption prior to maturity at the option of the owner,
are Included In the statutory debt limitation at current

redemption values.

shall not exceed In the

the Secretary of the Treasury),

Table 1.- Status under Llmitatlcm, June 30, 1052
(in millions of dollars)
Maxlmion onount of 60010*11196 vtaloh 007 bo outetandlng at any one time, under limitation
of Juno 26, 19^ (31 U.S.C. 757 b)

Impoeed

"b^

the act

275,000

Amount of aocurltles outatandlne aubjoot to auch statutory debt limltatloni
U. S. Govermnant aecurltiee iseued under the Second Liberty Bond Act, aa emanded

peg Lg^

Guaranteed aocurltles (azcludlng those held by the l^oaauzy)

^g

Total amount of eacurltlos outetandlng subjeot to statixtorT* debt limitation
Balanoe issuable under limitation

Source:

258,507

•

^0,493

*.*

Bureau of the Public Debt.

Table 2.- Application of Limitation to Public Debt and Guaranteed Securities

Outstanding June 30, 1952
(In minions of dollars)

Class of socurlty

Subject to
statutory debt
llmltatlcta

Public debt:

Intorost -bearing securities:
Marketable:
Treaaury bills
Certificates of Indebtedness
Tl*easuz7 notes
Treaaury bonds - bank ellgiblo.,.,,,,.
Treasury bonds - bank roetrlctod l/...
Postal Barings ftni^ Panama Canal bonds.

Total marketahle.
Nonmarketable
U. S. savings bonds (current redooptlon value).
Treasury savings notes
Sepoa Itary bonds
l^oasury bonds, Investsnant series
«...

Total noasnarketable
Special issues to Croveziment agencies and trust funds.
Total interest-bearing securities
Matured securities on vhich Interest has ceased
Debt bearing no interest:
United States savings stamps
,
Excess jirof Its tax refund bonds
Special notes of the United States:
International Monetary Fund Series
Uiited States notes (leas gold resarro). .'..
Deposits for retlraaant of national bank and ffederal Reserve Bonk notes.
Other debt bearing no interest

Total debt bearing no Interest.
Total public debt

Guaranteed seouritlea;

2/

Interest -bearing
Matured

Total gufiranteod securities
Total publio debt and guaranteed securities.

17,219
28,1*23

18,963
1*8,200
27,1*60

Hot eubjoct to
statutory debt
limitation

Total
outstanding

22

Treasury Bulletin

DEBT 0PERATI0K3.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government

and Outstanding June 30, 10S2

-^

(In mlllloiu of dollara)

Amount of maturltlee

CaU^ble Issues
Year
and
msnth

DeBcrlptlOD of aecurlt.7 2/

Fljcad

maturity
leeuea

classified by
year ofl

First

caU
19?g

July

Bills

Aug.

Bills

Sept.

BlllB
1-7/8* Certificate

-

9/1/52-D

Oct..

1-7/851 Certificate -

IO/1/52-B

Dec.

l-7/8> Certificate
Bond k/
2i
Bond 5/
21,
2-1 A* Bond 2/
Bond
2*

1-7/8)1 Oertifloato -

l-7/85t Certificate -

1953

-

-

-

7/1/52 -B

8/15/52-0

12/1/52-F
12/I5/JI-55
6/15/52 -5I1
6/15/52-55
12/15/52-5^

Final
maturity

Date
bank restrlotod
Issues
become
bank
eligible

i/

Anount of maturities

Y^ar
and
month

Description' of security 2/

Fixed
maturity
issues

Callable iaeuss
classified by
year ofl

First
call

Final
maturity

August 1952

23

DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and OutstandinK June 30, 1052 -^- (Oontlnuedi
(In

mllHona of dollars)

Treasury Bulletin

2k

DEBT OPERATIONS,
Table 2.- Offerings of Treasury Bills
(Do Hat amounts In mllllanfl]

August 1952

25

DEBT OPERATIONS.
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Date

Treasury Bulletin

26

DEBT OPERATIONS.
Table 4.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes, and Certificates
of Indebtedness and Securities Guaranteed by the United States Government

Atu,ust 1952

27

.URTFED

STiffiES

United States eavlnga bonds were first offered In
March 1935 a"i3 began to mature In March igit-S. Series A-D
were sold between March 1975 an<i the end of April 19'H,
and Series E, F, and G were first offered In May I9I+I.
When Series E began to mature on May

1,

I95I,

matured bonds were offered three options:

SATHIGS B01ID6.
and K, also at

hl^er

Interest rates.
A new current-Income
similar In Interest return to Series E,
was offered beginning Junel. For details of these changes
see "Treasury Bulletin" for May 1952, cage A-1.

bond.

Series

H,

owners of the

To redeem the

bonds In cash In accordance with the original terms; to
retain them with an extended maturity of 10 years at

In the tables which follow, Series A-F and J sales
are shown at Issue price and total redemptions and amounts
outstanding at current redemption values. Series G, H and K

specified rates of Interest accrual; or to exchange them
for Series G bonds.
A number of changes became effective

are shown at face value throughout. Matured bonds which
have been redeemed are Included In redemptions.
Data by

May

denominations and sales by States are published on a
monthly basis but not In each Issue of the "Treasury
Bulletin".

1,

1952,

The orlnolpal ones were:

accrual on Series E was Increased,
term,

The rate of Interest

especially for the near

with oorresoondlng changes In extended Series E;

Series F and G were replaced by two new Issues,

and

,

Series J

Table 1.- Sales and Redemptions by Series, Cumulative through June 30, 1052
(Dollar anouata In nllllona)

Serteo

Treasury Bulletin

2S

.UNITED STATES SAVINGS BONDS.

Table 3.- Sales and Redemptions by Periods, Series E through K

Auifust 1952

29

.UKITED STATES SAVINGS BOKDS.

Table 3.- Sales and Redeaptlons by Periods, Series B through K

(Continued)

(In alUloiu of doUara)

AoonMd
dlaoount

Bsdaaptlooa 2/ i/

Salea plua
aooniad
dlaoount

Salaa
prloa

Aoonied
dlaoount

ABOun* outatandlng (Intaraattearlng dabt

Flaoal yaral
19'>1

m3
IW

and 19'»2..

19liJ>

19U6
19^7
19k8

3,729
8,271
11,820
11.553
6,739
l»,287

ll,026

19't9

'1,278

1950
1951
1952

3,993
3,272
3,266

1
33

118
265
loll

3,731
8,304
11,938
11,818
7,173

60
689
2,100
3,846
5,912

536
633
753
895
1,035
1,111

ii,8ei.

'1,391

4,659
5,032
4,887
4,307

3,825
3,530
3,521

"1,377

4,008

220
1,380
3,005

lt,295

60
688
2,095
3,825
5,843
4,288
3,689
3,368
3,326
3,987
3,582 p

1
5

20
69
103
136

162
195
307
426 p

3,671
11,287
21,125
29,097
30,358
30,791
31,625
33,127
34,494
34,506
34,875

Cal<pdar jaarel
and 19lt2..

4,270

3,930
3,728
3,448
3,912
4,036

220
1,378
2,993
4,925
5,330
3,813
3,575
3,274
3,667
3,688

108
77
82

366
344
311

338
324
299

307
291
273

32

75
86
122

349
35''

322
281

289
253
283

3''

268
25*
364
288

109
78

43
44

19^3
19Wt
19^3

10, 34*
12,380
9,822

10
70
182
353

7,144
10,414
12,562
10,175

19'»6

li,li66

1(93

'1,959

19*7
1948

11,085

19't9

It,

208
3,668
3,190

579
696
8ie
971
1,080

4,664
4,920
5,025

1951 -July
Auguat ....
Septoiber.

258
267
230

Ootobar,
lorambor
Dooanbar..

2711

19ltl

7,13't

lt,22l>

1950
1951

'»,639

'',963
5,''23

2

11
38
93
116
154
174

»i
348

6,923
15,957
25,515
30,727
30,263
30,997
32,188
33,766
34,493
34,727

Monthal

.

.

1952-JanuaZ7..
Tabruary
.

Narotl

28I>

81t

Ajril
May
Juna

267
230
263

77
91
123

376

31''

'•73

406

363

366
368

33't

3''5

290
304

3^

354
JlH
350

313
303
313

3I1I

386

3'»

26

28
31

34,534
34,553
34,566
34,593
34,666
34,727

40

34,794
34,826
34,849

41 p
38 p
37 p

34,839
34,839
34,875

.

)

;

Treasury Bulletin

30
.UNITED STATES SAVIMGS BONDS.

Table 3.- Sales and Redemptions by Periods, Series E through K
(

Accnifld

discount

In mllZions of

(Continued)

doUare
Redamptlons

Saloe plua
accrued
discount

Sales
price

Aocruad
discount

ABOunt outstanding ( Interestbearing debt)

Series T %/

Fiscal years I
191*1 and 19lt2

I9W
W^S

502
758
802
679

19't6

1*07

9
19
33

W"*?

360

It7

19't8

301

61

1*73

73
83

362
545

.

.

wiia

19^9
1950
1951
1952
Calendar years:

I9IH and

3

3

1*99

17
57
88

1,996
1

2,601*

1*1*0

11*9

11*7

3

1*07

197
198

6

2,895
3,099
3,255

31I1

203
206
216
199

90
96

1*37

21*8

193

229

860

2

71*5

I*

861
750
786
621
365
396
566
503

7
35
77
106
189
203
222
202
223

231
3'H
97

WW..

WltS

502
760
811
698

17
58
89

2

19"**

773

13

19'*5

595
325

25

201*

9
12

185
227
208 p

21
21 p

3,699
3,889
3,853

851*

1,569
2,278
2,793
2,969
3,162
3,505
3,615
3,895
3,853

lol*

31*2

51*

191*8

1*98

19''9

233

1950
1951

1*17

67
78
87

121*

93

217

259

8

3U

3,581.

7

Wl*?

ItO

11*

35
77

185
196
211
189
206
237

191*6

1,21*2

1
1
1*

7
11
12

17
22

Months I
1951 -July
August. . .
September.
Oc tober .

.

Not ember .
December
.

1952 -January...
February..

March
April
Hay
June

12

20

8

5

11*

7

6

13

37
25
21

35
23
19

3,872
3,861
3,853

10

6
6
11

16
16
20

19
15
18

17

3,851
3,852
3,853

13
5

29
16
15

17

15

11*

13

16

11*

16

18
15
16

16
lu

9

9

16
10
9
10
1

6
6
7

U

8
11

11*

16

11*

3,866
3,867
3,867
3,865
3,858
3,853

August

m2

31

.UNITED STATES SAVINGS BONDS.

Table 3.

-

Sales and Redemptions by Periods, Series E through K

(Continued)

(In mlXIlons of dollare)

Sales

2/

Aocruad
discount

BedamptloDB

Sales plus
accrued
discount

Sales
price

Accrued
dlecount

ABOunt outstanding (interestbearing debt)

Series O j/

Fiscal jeare:

aM

2,1427

2,l427

12

2,759
2,876
2,658

55

55

131*

13I4

W^S

2,759
2,876
2,658

220

220

19l>6

2,1465

2,1465

3lt8

3I48

Vjhl

2,561
1,907
2,390

2,561
1,907
2,390

I469

I469

1,14149

I,l4l49

566
619
621

566
619
621

1,523

1,523

7914

79I4

I42S

1422

783

783

31
89

31
89
181

1941
19*3

19142..

19>>^

19148
19lt9

1950
1951
1952
Calendar years

2,414
5,119
7,861
10,299
12,416
14,508
15,850
17,621
18,448
19,177
18,816

I

and 19l»2..

3,701

3,701

V)kl

2,6l40

2,6l40

19l*lt

2,891
2,520
2,637
2,267
2,573
1,392
1,990

2,891
2,520
2,637
2,267
2,573
1,392
1,990

6I46

6I46

191*1

12

Vjki
19>46
19't7
igltB
19't9

1950
1951

181
2614
I426

512

618
613
682
83I4

26I4

426
512
618
613
682
834

3,669
6,221
8,931
11,186
13,397
15,152
17,108
17,887
19,194
19,006

Montbs
1951-Juljr

89
75

19,132
19.095
19,068

lis

1'5

August....
Septeaber.

38
36

38
36

75
63

October...
NoTenber.
December.

50
39

50
39

61
61

61
61

3l»

3'»

63

63

19,058
19,035
19,006

1952 -January...
February.

61

61

March

38

42
38

63
56
63

63
56
63

19,004
18,989
18,964

April
May
June

37

37

62
63
62

62

18,939
18,880
18,816

I4

I4

-1

-1

Series E 6/
'Iscal year!

1952

63

63

62

Treasury Bulletin

32

.UNITED STATES SAVINGS BONDS.

Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(in millions of dollars)

August I9i2
-5-5

UNITED STATES SAVINGS BONDS.
Table 5.- Sales and Redemptions by Demoninatlons, Series B and H -^and F and G
(In thousande of places)

Series E and H 1/ oooablnod

Series F and a oamMned 2/

Total, all

»io

dsaamlastlooB

Fiscal years

y

»25

»50

lOO

$200 kj

»500

1,000

Total, all
denoaInatlons

11,753
2,065
1,645

12,789
2,323
2,074
1,630
1,378

25

1

9,223
8,505
2,095

19118

882,683
165,039
71,356
58,971

19*9

611,576

3911

39,1*00

11,1*25

1930
1951
1952

61t,30ii

335

39,150

11,81*1

61i,299
711,109

1

1*1,751

11,786
13,129

IS'tl-k'i

igW
Vjki

522

623,733 128,081*
112,071 21* ,274
1*5,876 10,896
36,ll»6
9,901

100,769
14,693
7,803
7,777
8,550

1,311
801
816
916

1,569

9,122
2,121
2,241
2,238
2,322

8,654
7,649
7,539

917
786
720

1,413
1,036
937

1,995
1,290
1,062

37,773
13,757
10,099
10,640

86,279
24,554
8,492
7,650
8,246

769
918
803
879

10,089
2,984
1,505
1,607
1,603

7,655
2,669
1,870
2,223
2,352

11,326
11,660
12,148

8,688
8,253
7,430

933
865
738

1,514
1,257
951

2,213
1,703
1,139

997
1,065
912

600
639
556

61
62

76
79

67

86
71

45

53

1,104
1,077
1,001

660
639
602

64
61
60

83
79
75

86
84
80

56
46
45

1,281
1,106
1,212

772
633
654

79
59
59

113

150
105
88

68
45
44

l,l4l
1,107
1,126

617

71
63

71

79
67
79

43

583
604

55
52
56

988,828 221,336

163,453

,265

21,988

22,390

50,701

1/

1,571.

1,114
813 6/
487 2/

Calendar years 1
19l,l.W,

52l>,977 106,li59

739,041
253,078
93,50a

3,582
11,381

19W
19'i7

6a,57lt

97I1

191*8

61,813

1*35

62,769
39,219
37,659

19't9

65,118
62,929
68,069

371
141

39,572
39,050

1

1.5,661

19115

1950
1951

l*,191

172,91*8

U,249
2,807
2,098
1,863
1,529

1,172
1,068
622 6/

Months:
1951-Jiily

August...
September

5,659
5,980
5,259

3,836
l»,0l»9

3,600
l*,157
l*,150

October..
Horember.
December.

6,15lt
5,75lt

3,936

1952 -January..
February.
Maroh...,

7,257
6,21*3

l.,862
l*,257

6,706

1*,617

6,U2T
6,286 1/
6,295 1/

l*,ltllt

April....
May p....
June p. .

Inception to date

6,090

l,lti»5,336

1/ 21,076

U,l*6li

l*,359

83

77

53
42

22.608 2/

883

5/

$100

»300

$1,000

$5,000

$10,000

. .
..
. .

..

.
. .

Treasury Bulletin

3'^

.UNITED STATES SATUJOS BONDS.

Table 6.

-

Sales by States, Series E and H -^Combined
(In thouaands of dollars at Issue price)

1951

Inception
through
June 30,
1952

Alabama
Arizona.
ArkaoBas.
.

California.
Colorado....
Conneotlcut.

Delavaro
District of Coluabla
Florida

687,890
226,982
1)02, U56

1,837
855
1,215

't,873,300

11*, 673

515,892

1,796

1,097,21*7

l*,033

11*9,385

787,193
770,717

Oeorgia.
Idaho . . .
Illinois.

764,986
190,760
5,OUO,656

Indiana,
lova....
Kansaa .

l,68lt,509

1,730,020
992,263

Eantucky.
Louisiana.
Maine

693,286
686,565
271,6118

Maryland
Massachusetts
Michigan
Minnesota. .
Mlselssippl.
Missouri . . .

Montana..
Nebraska.
Nevada. .

808,292
2,05lt,666
3, 1*12, 168

1,371,011
1*17,330

1,705,768
322,001*

855,157
7l*,073

Nev Hasipshlre.
New Jersey. ..
Nov Msxloo....

169,620
2,395,887
150,055

Nev Yort
North Carolina.
North Dakota...

7,851,661*

Ohio...

3,931,31*6

807,761
31*0,216

OkOahora

785,081

Oregon.

73l*,l*90

Pennsylvania. ,
Rhode Island...
South Carolina.

5,051,1*27
31*2,597

398,U76

South Dakota.
Tennessee....
Texas

2,1*35,201

Utah
Vermont.
Virginia.

1,081*, 880

371,161*
71*0,926

261*, 516

97,212

Washington. .
West Virginia.
WlaoaoBln. .. ..
Wyoming
.

Alaska
Canal Zona ..........
Eavail
Puerto Rico
Virgin Islands
Other possessions...
Adjustment to Dally
Treaaiiry Statenant

Juljr

1,200,1*07

599,232
1,1*93,588
131*, 962

30,075 2/
1*2,986
306,391*
1*2,61*0

2,01*9
l*,393

f910,138

65,265.566

Aug.

1,633
71*4

1,271*

Sept.

1952

Deo.

Apr,

Mfljr

Auqust 1952

35

.UNITED STATES SAYINGS BONDS.

Table 7.

-

Sales by States, Series F and G Combined i/
{In thouflands of dollars at Iseue price)

Treasury Bulletin

36

TREASURY SAVINGS NOTES,
Treasury tax and savings notes have been Issued In
Tax Series A from August 1, 194l, through

five series:

Tax Series B from August

through

Issue. For details concerning terms snd conditions,

ment yields,

Invest-

and tax payment or redemption values of

September 12, 19^2; Savings Series C (originally designated

Series A and B, see 'Annual Report of the Secretary of the
Treasury" for 19^2, pages 207 and 220, and for sales and

Tax Series C) from September lit, igUS, through August Jl 19'^8;
Savings Series D from September l.igl**, through May 14, I95I;

redemptions by fiscal years and months, see 'Treasury
Bulletin" for February 1946, pages 42 and 43.

June 22,

19'*^3;

1,

igM-l,

,

and Savings Series A beginning on May I5,

1951-

Details concerning terms and conditions for purchase

and redemption and Investment yields of Savings Series A
appear

in the June I95I Issue of the "Treasury Bulletin",

page A-1.

Similar information with respect to Savings Series D

In the following tables sales and redemptions of
Treasury savings notes are shown at par val ue Matured
notes redeemed (either for cash or for tax payment are
Included In the figures on redemptions. Matured notes
.

)

outstanding are reflected In the Interest-bearing debt

will be found In the October 19^8 and September 1949 Issues,

until all notes of the series have matured, when they are

and with respect to Savings Series C In the October 1945

transferred to matured debt upon

«rtilch

Interest has ceased.

Table I.- Sales and Redemptions by Series, Cumulatlye through June 30, 1052
(In -<iH'-" of dollars)

August 1952

37

OWNERSHIP OF FEDERAL SECURITIES.
Table 1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In miUlans of dollape)

.

5

.

3

7
8
9
6
8

9

.

1

38

Treasury Bulletin

OWNERSHIP OF FEDERAL SECURITIES,
Table 3.- Estimated Ownership of Federal Securities
(Par TOluee 1/ - In blUlons of dollare)

Total
Federal
aecurltlea
outatand
ins 2/

End of

U. S.

clal
banks

1.9

2.5
2.2

7.1
7.6

10.1
10.6

2.6
2.8

2.2
2.3

8.5
9.5

25.0
31.0

11.2
13.6

3.6

21.1*

26.0
Ul.l

2.6
6.2

10.6
12.2

37.7
53.0

17.8
23.7

13.1*

52.2
59.9

7.2
11.5

11*

67.0
81.7

30.9
37.6

2l*.7

68.1.

11*

1*6.0

18.8

19.1
21.7

100.2

77.7

lll*.0

52.9

63,9

16.1

55.3

191*2 -June

December.

21.8
23.7

77.0
112.5

28.7
1*7.3

11*0.8

59.1*

December.

170.1

71.5

19lA-June
December.

202.6
232.1

83.3
96.5

igUS-June
December.

259.1
278.7

106.0
115.0

279.8
269.9
259.5
258.1*

igltS-June

19l*6-February (Peak)

Juae
December.

,

....

191+7- June

Decoaber.
19lt8-Marcli

June......
September.
December.
19l>9-March

257.0

253.1
252.1*

252.7
252.9

Savings
bonds

10.1

15.9

18.6
19.5

61i.3

Total

22.8
23.9

18.1*

1*8.5

19'H-June
December.

Individuals 5/

22.7

1*7.6

191+0 -June

50.9

Federal Government
Reeerre Inreatment
accounts k/
Banka

6.5

1939-Deoaiiber.

December.

Held by private nonbank Investors

Held by banke

17.3

19.7

2,5

.9

.3

16.9

5.1*

9.1

19.2

q^^^

Insuracco
companlss

Mutual
savings
banks

Corporatlona 6/

State and
local
governments 2/

6.3

3.1

7.8

6.5
6.9

3.1
3.2

2.1
2.0

7.6
8.2

7.1
8.2

3.1*

2.0

.6

3.7

1*.0

.7

8.7
10.3

9.2
11,3

3.9

.9

lt.5

1.0

11.7
12.9

13.1
15.1

5.3

6.1

1.5
2.1

7.3
8.3

l*.3

7.5

.1*

31.2
36.2

ll*.8

17.3

16.7

19.6

1*0.7
1*2.9

18.3
21,0

22.7
.0

9.6
10.7

22.9
22.0

20,6
19.8
19.9

21.. 1*

U.l

U.8

19.9
17.7
15.3

20.7

21*.

19.3

23.

12.1
12.0

11*.

.1*

.5

3.2

81*.2

21.8

21*.

90.8

21*.

27,0

128.2
136.6

116.7
108.2
97.9

93.8

28.0
29,1
30,9

135.1
132.6
130.7

63.9
63.2

1*3.3

71*.

22.9
23.8
23.3

61*.l

l*i*.2

91.9
91.3

70.0
68.7

21.9
22.6

32,8
31* .1*

133.7
131.3

66,2
65.5

1*5.5
1*6.2

65.1

20.9

35.0
35,8
36.8
37.3

132.1
130.7
130.1
1£9.7

65.3
65
65.5

1*6.9

XBj

23.1*

18.3

22.8
22,0
21,2

12.1
12,0
11.7
11.5

11*

1*7.1
1*7.6
1*7.8

.2
11* .8

7.8
7.8
7.8
7.9

37.7
38.3

131.8
132.2
132.8
132.1

65.9
66.3
66.5
65.7

1*8.5
1*8.8

17.1*

1*9.1

17.1*

1*9.3

16.1*

21.1
20.5
20,2
20,1

11.6
11.6
11.6
n.i*

15.7
15.7
16.6
17.0

7.9
8.0
8.0
8.1

16.2
16.6
16.2

11.6
11.6
11.2
10.9

18.8
19.0
20.3
20.8

8.7
9.0
8.8

10.8
10.7
10.5

21.2
21.7
22.3

8.9
9.0
9.1

86.0
85.9
85.8
85.8

ei*.i*

.6

21.1*

62 .U

23.1*

62.5

23.3

21.7

81*.5

60.5
63.0
66.5

61*

58.9

A

65.1

1*3.5

17.9
17.3

21*

11.5

13.9

.7

13.6
11*

7.1
7.3

251.7
252,8
256.7
257.2

82.2

85.7

66,8

1950 -March
June......

255.7

17.6
18.3
19.6
20.8

37.6
37.8
38.9
39.2

135.6
135.6
136.6

1*9.7

65.6
62.2
61.8

66.1*

257.2
256.7

ae.5
83.9
81.8
82.6

65.9

Septeffober.

131* .9

61*

1*9.9
1*9.7
1*9.6

15.1*

20.2
19.8
19.5
18.7

59.9
58.9
57,8

21.5
21,9
22.9

39.6
39.7
39.8

135.2
135.5

61.

1*9.5

15.2

18,6

1*9.1.

15.1

18.1*

131* .5

63.9

1*9.3

11*.

17.9

39.9

133.7
134.5
132.9

63.9

1*9.2

111.

17.5

10.1*

61*

.2

1*9.1

13.0

17.1*

.0

1*9.1

11*.

17.1.

10.3
10.2

22.0
22.3
21.1

9.2
9.3

61*

132.8
133.2
132.2

63.8
63.7

1*9

.1
1*9.0

11*

.8

17.0
li6,&

1*9.0

11* .1*

16,8

10,2
10,1
10,1

21.3
22.1
21.2

9.1*

14.7

63

63.5
«3.7
63.6

1*9.0

11*

1*9.1
1*9.1

.»
ll>.6

16.6
16.6

1Q,0
9.9

21.9
22.0

11*

.5

16.1*

9.8

21.1*

9.5
9.5
9.5

11*

.6

16.1*

9.8
9.8
9.3

2aa

9.7

16 J
16.2

23.2
22.2

u

16,2
15.9

9.8
9.8

21.3
22.0

9.9
9.9

Jxme,. . ...
September.
Deoanber.

Dec ember.

^

65.9
.9

April.
May...
June.,

25U.7
255.1
255.3

81,2
80.3

58,1*

81.1*

58.1*

22,7
22.5
23.0

July
August. ...
September.

255.7
256.7

81,8
81,9
83,2

58.7
58,8
59.5

23,1
23.1
23.7

1*1.0

257.1*

October..
Norember.
Deoaaber.

258.3
259.6
259.5

81*

.2
ei*.6

60,7

1*2.0

85. I*

61.6

23.6
23.2
23.8

1*2.3

132.1
132.8
131.8

259.8

81*

,9

62.1

260.1*

83.6
82.7

61,3

22.7
22.5
22.5

1*2.7
1*2.9

132,3
133.8

63.7
63.9
63.9

1*9.1
1*9.1
1*9.1

8e.9

60.5
61.1

63.7
63.6

1*9.1

11*

1*9.0

11..

May p.

kj

39.1*

81.1*

AprU.

^

39.1*

17.5

256.1
256.0
255,0

1952 -January...
February.
March.,..,

1/

6I*,9

19.3
18.0
18.9

February.
March....

1951-Januflrj'..

2/

257.1*

8a.lt

258.1
258.3
260.0

80.8
80.7

83.1*

57,8

61.1.

60.2

1*0.3

1*1.0

1*1.5
1*2.0

1*2.2

1*3.0

132.1*

22,1*

1*3.2

22.3

1*3.7

132.2
132.9

Uolted States aarln^ bonds ^ Series A-7 and J, are Inoluded at
current redemption values
Securities Issued or guaranteed by the U, S. Grovemnient, excluding
guaranteed eeourltles held by the Treasui7.
Consiata of commerolal banks, trust oompaniee, and stock savings banks
In the United States and in Territories and Island possessions.
Figures exclude securities held in trust departments
Holdings by Federal land banks are Included under "Miscellaneous
Investors" Instead of "U, S, Groreimnient Investanent accounts" beginning
June 30» 19^7> since the proprietary interest of the United States
In these banks ended June 26, 19U7.
Includes partaiershipa and personal trust accounts. Nonprofit Instltutians and corporate pension trust funds are Included xmder "Misoellaneoufl
Investors"

.6
61*.5

6/
2/
8/

p

A

11*.
11*.

.6

9.1*

9.5
9.1*

exclusive of banks and Insurance ocoqianles.
Consists of trust, sinking, and inveatmant funds of State and local
govemmante and their agencies, and Territories and island possessiona.
Includes savings and loan aseoolationa, nonprofit institutions,
corporate pension trust funds, dealers and brokers, and Investansnts
of foreign balances and International accounts In this country. Beginning December 19't6, Includes invostanents by the IntematlcBial
Bank for Beconstruoticm and Developuant end the Intematianal Monetary
Fimd In special noninterest -bearing notes issued by the U, S. Government.
Preliminary.

Auyiist 1952

39

.TREASUPY SURVEY OF OWNERSHIP, MAY 31, 1952.
The Treasury Survey of Ownership ooTere seourltles
Issued by the United States Oovernment and by Federal
agencies. The banks and Inauranoe oompanles Included
in the Surv*y account for approximately 95 percent of
such securities held by all banks and insurance companies

Data were first published for
in the United States.
March 31, 13^1, in the May \3^\ "Treasury Bulletin".

Section

I

-

Information on the diatribution of ownership by types
of banks and insurtmce companies is published each month.
Additional information showing the holdings of commercial

banks distributed according to Federal Reserve member
bank classes and nonmember banks is published for June JO
and December 3I,

Securities Issued or Guaranteed by the United States Government

Table 1.- Sumnary of All Securities
(Par Talnea

-

In

llliooA of

dolljara)

Treasury Bulletin

1^0

.TREASURY SURVEY OF OWNKRSHIP, MAY 31, 1952.

Section I - Securities Issued or Guaranteed by the United States Government
Table 3. - Interest -Bearing Public Marketable Securities by Issues
(Par Talues

-

In mllllona of dollara)

August 1952

41

.TREASURY SURVEY OF OWNERSHIP, MAY 31, 1952.

Section

I

-

Securities Issued or Guaranteed by the United States Govemnient

Table 3.- Interest-Bearing Public Marketable Securities by Issues
(Par Taloea

-

la Blllioaa of dollars)

-

(Continued)

Treasury Bulletin

k2
.TREASURY SURVEY OF OWNERSHIP, MAY 31, 1952.

Section II

-

Interest-Bearing Securities Issued by Federal Agencies but
not Guaranteed by the United States Government
(Far TalusB

-

Id

lUlona

of dollars)

Aiu/ust i952

'+3

.MARKET QUOTATIONS, JUNE 30, 1952.
Current market quotations stiovm here are over-the-

counter closing 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
Include all public

debentures.

The latter are the only public marketable
interest-bearing guaranteed securities outstanding.
Section II lists the public marketable securities

marketable securities Issued or guaranteed by the
United States Government except those not regularly

Issued by Federal agencies but not guaranteed by the
United States Government. Dally quotations for the
securities listed In Sections I and II are published
monthly in the Treasury Department statement, "Prices

The Issues excluded are postal
savings bonds and Federal Housing Administration

and Yields of Public Marketable Securities Issued by
the United States Government and by Federal Agencies".

securities listed In Section

quoted In the market.

Section

I

-

I

Securities Issued or Guaranteed by the United States GovemMiit

Table 1.- Treasury Bills (Taxable)
taount

Treasury Bulletin

Kh
.MARKET QUOTATIONS, JUNE 30, 1952.

Section

I

-

Securities Issued or Guaranteed by the United States Government
Table 3.- Other Taxable Issues
(Price decimals are 32nds)

-

(Continued)

Auijust 1952

^5

,

Section II

-

MAKKET QUOTATIONS, JUNE 30, 1952.

Securities Issued by Federal Agencies but not Guaranteed by the United States Government
Table 2.- Other Issues (Taxable)

Treasury Bulletin

HG

MARKET QUOTATIONS, JUNE 30, 1952.

YIELDS OF TREASURY SECURITIES. JUNE 30,1952
Based on Mean

of Closing Bid

and Ask Quotations

Aucjust 1952

^7

YIELDS or TREASURY AND CORPORATE BONDS.
Table 1.- Average Yields of Long-Term Bonds by Periods
(Percent per aimum)

Treasury bonds

PartliOly
tax-exempt
1/

Taxable

1/

Treasury bonds

Highgrade
corporate
bondB

Partially
tax-exempt
1/

Annual series

W"*
1935
1936
1937
1938
1939

,

3.12
2.79
2.69
2.74
2.61

-

2.26
2.05
2.09
1.98
1.92
1.66 1/

wl'l.

2.1(1

19't2.

2.1*8
2.1*8

191*9 -Jan.

19Wt.

Monthly series
19lt7-Jan.,

Feb..
Har..

-

191*6.
19I17.

2.19
2.25

2.U6

191*8.

2.1*1*

2.1*7

2.61i

191*9.

2.148

2.60
2.54

1950.
1951.

2.31
2.32
2.57

2.57
2.81
2.65
2.60
2.86

2.37

2.73
2.73
2.71

1951-Jan.
Feb..
Mar..

2.39

2.61*

2.1*0

2.66
2.78

Apr.
May..
June.

2.38
2.38
2.38

70
71
72

Apr..
May..
June.

2.56

2.50

2.63
2.65

2.88
2.89
2.95

2.21*

66
60

July.
Aug..
Sept.

2.63
2.57
2.56

2.93
2.86
2.85

Oct..
Hot..

2.61
2.66
2.70

2.92

2. 71*

2.96
2.89
2.96

2/

2.1*2

2.51
2.51
2.57

July.
Aug..
Sept.

2.27

2.21*

2.22

2.59

Oct.,
Not.,

2.27
2.36
2.39

2.68
2.75
2.86

Oct..
Not..
Deo..

2.22
2.20
2.19

2.59
2.56
2.55 i/

19U8-Jan.
Feb.,
Mar..

2.1*5
2.1*5

2.85

1950 -Jan..
Feb..
Mar..

2.20

2.51*

2.21*

2.51*

2.27

Apr..
May..
June.

2.1*J*

2.77

2.1*2

2.71*

2.1*1

2.73

Apr..
May..
June.

July,
Aug.,
Sept,

2.1*1*

2. 80

2.1*5
2.1*5

2.86
2.85

Oat.,
Hot..
Dec.,

2.1*5

2.85
2.86
2.81

2.1*1*

2.1*1*

2.1*1*

arerages of dally series

2.25

sM

Highgrade
corporate
bonds

2.77
2.67
2.75

July,
Aug.,
Sept,

Dec,

Taxable
1/

2.39
2.38

2.1*9
2.1*9

2.21*

Partially
tax-exempt
1/

Feb..
Mar..

2.1*9

Apr.,
Hay.,
June.

Treasury bonds

Highgrade
corporate
bonds

calendar year averages of monthly series

3.93

3.19
3.27
3.12
2.92

Taxable
1/

2.81*

2.81

Dec.

2.1*7

2.55

1952 -Jan..
Feb..
Mar..

2.71
2.70

2.30
2.31
2.33

2.57
2.57
2.59

Apr. ..
May..,
June.

2.57
2.61

July.
Aug..
Sept.

2. 31*
2.33

2.36

2.61
2.58
2.62

Oct..
Hot. .
Dec..

2.38
2.38
2.39

2.651*/
2.66
2.66

2.61*

2.98
3.03

5/

2.92
2.93
2.95

-

Treasury Bulletin

J«

.YIEIDS OF TREASURY AND CORPORATE BONDS

o

en

Auyiist 1952

1^9

INTERNAL REVENUE COLLECTIONS.
Table

1.

-

Summary by Principal Sources
(In tbouaendfl of dollars)

FlBoal year
or month

-1/

Treasury Bulletin

50

INTERNAL REVENUE COLLECTIONS

INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES

DOLLARS"

'

^1 DOLLARS
^

Billions

26

Billions

26

:^

Income Tox and
Employment Taxes

I

Individual

24

24

22

22

20

20

18

16

16

14

12

^ ^H
9 9

10

-

8

9,A

6

9 9
9 9
9 9
9

1937

'39

43

Liquor and Tobacco Taxes

45

47

49

9
9
9
9
9
9
9

9

9

9

'51

10

9
9
9

9

9^
9,

2

Auyust J95i

51

INTERNAL REVENUE COLLECTIONa
Table 2.- Detail of Collections by Type of Taxi/
(In thousajoda of dolXara)

Type of tai

Treasury Bulletin

52

INTERNAL REVENUE COLLECTIONS.
Table 2.- Detail of Collections by Type of Tax-i/- (Continued)
(In thouaanda of dollars)

riaoal year
Type of tax

Auijust 1952

53

MONETARY STATISTICS.
Table 1.- Money In Circulation

P

(In miULlonfl of dollars except as noted)

Paper money

End of fl8caa
year or month

Total
money in
circulation 1/

10^

22,50ll

vsii-i

26, tW

19>t6

28,21(5

19'»7
191(8

Total
paper
money

Gold
certificates

icates

2/

23,363

257

8I(

26,260
26,553
26,67s

39
39
39

2,059
2,057
2,072

31l(

23,526
23,817

21(1

81
80

26,785
27,167
27,552

39
39

38

2,068
2,066
2,079

26,755
26,835
26,836

38
38
38

1,966
1,998
2,030

26,813
27,102

38
38

2,01(1

27,31(1

38

1951-Jiiiy

27,851
28,155
28,288
28,1(17

Majr

June p .

.

.

28,767
29,018

106
99

313

26,187

28,l.61(

1(06

2,129

27,71(1

April

126
120

1(0

27,31(1

1950-Decamljer.

28,1(65
28,1(73

597
527
h(h

38

1(1

•

y

21(3

1(3

25,661
26,231

FebruMT.

National
bank
notes

23,1(56
2l(,601

26,031*

27,156
27,809
29,018

March

Federal
Reaerre
Bank
notes

23,209
22,760

27, "(93

1950
1951
1952 P

28,386

Federal
Reserve
notes

319
321
318
318

191*9

1952 -January • .

States
notes

2,061
2,177
2,092
2,086

1(5

28,809
29,206

Italted

322
323

28,297
27,903

Ootober...
Novemtor,,
Decanber,

Treasury
notes
of 1890
2/

1,588
1,651
2,025
2,061
2,061

5I'

21,1(38
25,51(1
26,91(5
26,91(2
26,1(82

AuguBt.. .,
Septamber,

Silver
certif-

52
50
1(8

39

2,090
2,086

317
320
321

18,750
22,867
23,973
23,999
23,600

353

309
27l(

221

23,92l(

239
237

320
320

2l(.,0l(3

23l(

2l(,l(28

316

2l(,807

233
232

320
319

308
313
315

2l(,135
2l(,179
2l(,lJ(7

2lt,116

318
318

all,

356

21(,601

229
228
226
223
222
221

Uh
93
86
81
77

79
79
79

78
78
77

-

..

1

5

.

6

Treasury Bulletin

5"^

MONETARY STATISTICS.
Table 2.- Monetary Stocks of Gold and Silver
(Dollar amounts In ollllons)

Oold

End of flBoal
year or month

19W

Ratio of silver
to gold and
silver In
monetary stocks
(In percent)

Silver
($1.29+ per
fine ounce)

per
fino ounoe)
(i>35

3,91*7.9

191*8

21,173.1
20,213.0
20,269.9
21,266.5
23,532.5

19'*9

2l»,li66.3

1950
1951
1952 P

211,230.7
23,31*6.3

3,618.3
3,671.5
3,718.5
3,766.9

1950-Docaiaber.

22,706.1

3,697.1

11*

21,759.1
21,853.6
22,013.2

3,72l*.0

ll*.6

3,729.3
3,731.2

11*

3,735.0
3,737.5

11*. I*

Ceceoaber.

22,233.2
22,381.6
22,695.5

3,71*1.3

11*

1952 -January. .
February .
March. . . .

22,951.1
23,190.9
83,290.5

19't5

igk6
19hl

October. .
November.

AprU
May
June p .
Source:

* .

15.1*

3,508.1*

IU.3
lU.2
13.2

3,525.7
3,571.0

21,755.9

1951 -July
August. ...
September.

ll*.6

13.9
.0

.6

11*.

11*

.3
.2

3,7W.3

11*.

13.9
13.9

3,760.8

13.9
13.9
13.9

23,297.1
23,296.1

3,76l*.9

3,766.9

p

12.9
13.2

3,751.1
3,755.1

23,31*6.3

Circulation statement of U. 3. Money; Daily Treasury Statement for
For detail of silver monetary stock, see Table 1*.

15.7

3,685.8

Preliminary.

prelljnlnery figures.

Table 3.- Gold Assets and Liabilities of the Treasury
(In millions of dollars)

Uabilitlss
End of calendar
year or month

191*1*

191*5
191*6

Gold assets

certificates 1/

20,618.3

18,1*97.1*

20,061*.9

17,91'*.
18,1*30.5

20,529.0
22,753.9

191*7
191*8

Odd

21, 51*1*.

2l*,2l*3.9

23,010.0

191*9

2l*, 1*27.1

23,217.9

1950
1951

22,706.1
22,695.5

21,1*97.5

21,759.1
21,853.6
22,013.2

20,51*3.0

Septflanber.

October. ..
November..
December.

22,233.2
22,381.6
22,695.5

21,01*2.6
21,201* .2

1952 -January...

1951 -July
August. ...

February .
Knrah

J^ll
May
June p....

Oold reserve
against U. S.
notes, eto. 2/
156.0
156.0
156.0
156.0
156.0

Exchange
Stabilization
Fund 2/
1,800.0
1,800.0
1,800.0

Oold In
General Fund

l65.lt

igit.s
11*2.1*

1,053.9
1,077.9

156.0
156.0
156.0

1,053.2
1,052.6
1,032.9

156.0
156.0
156.0

1,060.0

156.0
156.0
156.0

1,031*.
1,021.1*

21,506.5

22,951.1
23,190.9
23,290.5

21,769.8
22,030.5
32,153.5

156.0
156.0
156.0

1,025.3

23,297.1
23,296.1

22,11*3.7
22,11*1.3

23,31*6.3

22,181.2

156.0
156.0
156.0

Sourcel Circulation Statement of U. S. Hon«y; Dally Treasury Statement for
preliminary figures.
1/ Comprises (1) gold oertlfioates held by the public and in Federal Reserve
Banks; and (2) gold certificate credits in (a) the gold certificate fund

21,506.5

20,650.3
20,813.5

2/
i/
p

1,01*7.3
1,01*3.7

1,032.9
l,00k.l*

981.6
997.1*

998.7
1,009.1

Board of Qovemore, Federal Reserve System, end (b) the redanption
fund - Federal Reserve notes
Reserve against Itolted States notes and Treasury notes of 189O.
Excludes gold in active portion of Exchange Stabilitation Fund,
Preliminary.

August 1952
55

MONETARY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(In mllllonfl of dollars)

Treasury Bulletin

56

MONETARY 3TATI3TIC3.
Table 6.- Seigniorage on Silver
(Cumulative from January 1, 1935

-

In milliona of dollars)

Aucjust 1952

57

EXCHANGE STABILIZATION FUND,
Table 1.- Balance Sheet as of June 30, 1061, and March 31, 1052

Treasury Bulletin

58

EXCHANGE STABILIZATION FUND.
Table 2. - Incoae and Expense

JanuaiT 31, 193't, ttirough
JuM 30, 1951

Claaalfioatlon

Jaiiuai7 31, 193I1, througli
Maroh 31, 1952

Inooa*!

Frofita CD ]b>ltleh 0t«rlljie txtuwaotloiu

Prof lt« 00 Trenoh

fx*ano

trazuootlons

310,638.09

310,638.09

351,527.60

351,527.60

Proflta on gold bullion (Inoltiding profits fron handling ohargoa on gold]

'19,385,251.78

53,576,992.10

Prof ita on othar gold and axohanga tranaooticna

1*0,000,000.00

1*0,000,000.00

Prof ita CD ailrar transaistiona

102,735.27

102,735.27

Prof ita on sals of ailvar bullion to Traaamr (nationalltad)

3,'t73,362.29

3,1*73,362.29

Profits on ln7*a^»nta

1,876,790.55

1,876,790.55

Intaroat on inraatauenta

7,698,066.89

8,0711,087.78

Mlaoallaneoua

inrof Ita

Xntareat aamed on f oralgn balanoea
Intarost

aamad on Cblnaaa yuan

Total Inocav

861,5116.93

861,51*6.95

2,81>9,683.19

2,31*9,683.19

1,975,317.07

1,975,317.07

108,8811,919.66

113,1*52,680.89

7,1*62,286.92

8,1*30,256.65

392,969.30

1*28,61*5.72

6511,1117.75

666,360.80

539,1*22.99

552,132.30

88,926.1*0

96,873.90

1,186,321.20

1,268,501.69

10,32l*,07l*.56

11,1*1*2,771.06

98,560,81*5.10

102,009,909.83

Exponas 1

Paraonal aorrloaa

Travel

Transportation of things
CoDBnmioatlona

,

..,..

Suppliaa and natarials

Other
Total expenaa

at

Inoois

,

,,.,

August 1952

59

CAPITAL MOVEMENTS.
Data relating to olflms on foreigners and liabilities to foreigners,

and capital movements between the

United States and foreign countries, have been

collected

the data for January I95O.
Attention Is called to the
fact that although the grand total figures on the revised

since 1975i pursuant to Executive Order 6560 of January I5,

reporting basis are reasonably comparable with those for
preceding months, data for Individual countries in some

and Treasury regulations thereunder.
Information
covering the principal types of data and the principal

instances are not comparable because of certain chanf^es in
coverage and geographical classification.

1934,

countries Is reported each month by banks and bankers and
securities brokers and dealers in the United States.
This

The supplementary information, contained in Section IV,

Information Is published regularly in the "Treasury

is presented In three tables appearing at different times.

Bulletin".

Table 1 gives data by countries on short-term claims on and

Supplementary Information is published at lees

frequent intervals.

All reports are made Initially to the

liabilities to foreigners as reported quarterly by exporters,

Federal Reserve Banks, which forward consolidated figures
to the Treasury.

United States. This information was published for the first

importers, and industrial and commercial concerns in the

time in the October 19^9 issue of the "Treasury Bulletin"
The term "foreigners" as used in these reports covers
•all institutions and individuals (including United

citizens

)

States

domiciled outside the United States, as well ae

International organizations, wherever domiciled,
treaty or convention between sovereign states.

created by

"Short-term"

refers to original maturities of one year or less, and
"long-term" refers to all other maturities.
discussion of the reporting coverage,

A detailed

and begins with data for September 30, 191^6.
Table 2
supplies information by countries on long-term claims on
and liabilities to foreigners as reported by banks and
bankers in the United States.

This table appeared for the

first time in the December \3^3 issue.

Data are for the

end of the calendar year beginning with 1942.
Table 3
gives information on short-term liabilities to countries

basis of reporting,

not regularly reported separately by banks and bankers.

and derivation of capital movements figures appeared in

This table appeared for the first time in the April I95O

the April 1950 issue of the "Treasury Bulletin', pages 5O-52.

issue. The data have been requested at Irregular intervals,

Revised report forms and regulations became effective with

the earliest date being October

Section

I

-

19'^3.

Historical Summary

Table 1.- Net Capital Movement between the United States and Foreign Countries
(In thousands of dollars: negative fl^Tires Indicate a net outflow of capital from the United States)
Analysis of net capital noTecient in:

Calendar year or month

Net capital
TQCrroBnent

Short-term
banking funds

1935-lH

S.SJlt.OTl

igits
19'»3

626,121
1,286,893

3,770,922
583,373
1,168,058

19Mt

1*61,35'*

19lt5

19U6

Brokerage
balances

Transactions
in domestic
securities

626,731

ll*8,59l(

100,870
3,513
13,372
8,529

l,OT'*,375

1,216,303

17,791.

-U3,105

-733,909

191*8

225, U17

531,777

9,661
-11,318
-19,313
610
7,992

-33l*,203

191*7

-793,32"*
33't,l63

191*9

19J*,li58

1950
1951

1,757,618
-398,865 r

1951 -July
August . . .
September

-13 1*, 712

October. .
November.
December.

-56,202

1952 -January...
February.

March
April p.
May p

1/

.

See Table 2, footnote 1.

17,879 r
51,899

395,521*
90,81.5

950,583 1/

1*6,599

27,767
210,735

-89,055
-192,215
75,203
9W.,I.30
-581.,289

568, SS"*

-6,11*1

-105,025
212,896
70,710

-111.

-1.5,11.8

-2,005
1,219

-193,338
-20,671

363,581

-7,1.91.

Transactions
In foreign
securities
855.51*8
-7,361.

77,696
93,1*96
-1*6,617

265,127
39,012
-9l*,832

27,800
-11*5,387

-376,989

15,575
326 r
61.1

-168,1*01

15,1*98

81.1

-197

-21.3,888
l*,171

-7,718

56,172

1,1.86

1,556

-79,2'*3

165,799

-92,825
205,301

-ll*,l*75

25,1*80

39,1*57

-178
5,293
1,161

620

1,098
-30,320
-15,758

39,255 r

86,951.

-3,828
3,065

7,210
-18,166

-152,31*6

1914,506

:

361,953

p

Prellniiuury.

r

Bevlaed.

12,662

1

10,683
-66,932

-51,081

)

60

Treasury Bulletin

CAPITAL MOVEMENTS.
Section

I

-

Historical Summary

Table 2.- Short-Term Claims on and Liabilities to Foreigners
(

Po9 Itlon at end of period In thousands of dollara

August 1952

61

.CAPITAL MOVEMENTS.
Section I - Historical Summary
Table 4.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In thouflanda of dollars; negative figures Indicate a net outflow of capital froa the United States)

Calendar year
or nonth

.

Treasury Bulletin

62

CAPITAL UOVEIIENTS
Section II

-

Sunmary by Countries

Table 1.- Net Movement of Capital and of Short-Term Banking Funds
(In thouBaudB of dollarB; negative figures IMlcate a not outflow of capital from the United States)

1/

2/

Beginning Maroh 1947, Includee tpansaotlona In aoootmta opened by
occupation authorities fop foreign tpade purpoaes.
See Table 3, footnote 2.

P

PpellJilnapy

p

RsTlsed.

4iu/ust 1952

63

CAPITAL MOVEMENTS
Section II - Sumary by Countries
Table 2.- Net Movement In Brokerage Balances and Long- Tern Security Transactions by Foreigners
(In

1/

thousK^

of dollars; nagatlTO flguree Ijadlcat* a net outflow of capital frcB

Inoli^es for the first tine certain tranaactlons In long-term aecnrltles
which are performed by the U. 3. Treaaury on behalf of foreigners but
vhlch preTloualy had been excluded frcm reported tranaactlona.

p
r

tlis

Prellnlnary,
BeTlsed

Oiltsd Stataa or nat aales

'bj

forelenars)

Treasury Bulletin

64

CAPITAL MOVEMENTS.
Section II - Sumnary by Countries
Table 3.- Short-Tern Clalns on and Liabilities to Foreigners

August I9l2

65

CAPITAL MOVEMENTS
Section II - Si^Bary by Countrlee
Table 4.- Foreign Debit and Credit Balances In Brokerage Accounts

Treasury Bulletin

66

CAPITAL MOVEMENTS.
Section III - Details for Month of March 1052
Table 1.- Short-Term Claims on Foreigners

1/

Beginning March 19**7, includes balances in accounts opened by
occupation authorities for foreign trade purposes.

Aitqust 1952

67

CAPITAL MOVEMENTS
Section III - Details for Month of March 1052
Table 2.- Short-Tera Liabilities to Foreigners
(Poflltlcn at end of month In thousand a of dollare)

1/

Beginning March 19'^7, tncludee halances In accounts opened by
occupation authorities for forolgn trade purposes.

L

Treasury Bulletin

58

CAPITAL MOVEMENTS
Section III - Details for Month of March 1952

Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
(In thousanda of dollars)

August 1952

69

CAPITAL MOVEIIEHTS.
Section III A - Preliminary Details for Month of May 1052
Table I.- Short-Term Claims on Foreigners
(PoGltlon at and of month

1/

BegiJmln^ March 19l*7, Includes halancoa In accounts opaned bj
occupation authorities for foreign trade purposes.

Iji

thousands of dollars)

.

.

.

Treasury Bulletin

70

CAPITAL ItOVEUENTS
Section III A - Preliininary Details for Month of May 1952
Table 2.- Short-Tern Liabilities to Foreigners
(Foeltloc at end of nonth in tbousanda of dollars)

Total
ehorttezm
liabili-

Country

Total

ties

Short-term liabilities payable In foreign currencies

Short-term liabilities payable In dollars

To foreign banks and official institutions

Deposits

To all oUler forel^tnere

U.S. Treasury bills
and certificates

Total

Depoelts

To foreign
banks ""^
official
Institutions

U.S. Treasury bills
and certlficates

Europe:

Austria
Belgium
Czechoslovakia.
Denmark
Finland

53,221
15^,999

France
Gezvany l/.
Greece
Italy
Netherlands

267 ,179
390 ,1.78

Norvay
Folani
Portugal ....
Rumania
Spain

100 ,850

6 ,081*
20 ,186

77,953
1,923
32,833
4,741
12,041

Sveden
Switzerland....
V. S. S. B
United Kingdom.
Yugoelavia
Other Europe . .

65,783
599,581
2,230
756,777
7,825
55,066

Total Europe...

632

37,021
23,856

111 ,076

278 ,56k
155 ,924
2 ,'•19
'»3

,llll

51,959
90,284
239
28,044
21,318

21,015
66,449
232
14,030
21,102

199,309
387,777
32,411
245,574
137,375

166,990
163,369
22,311
121,938
95,353
25,976
1,921
32,122
4,741

4,800
2,365

26,144
21,470
7

13,925

89

216

2S,l6l
187,000
10,000
102,721
37,156
41,484

10,158
37,4o8
100

20,915
4,866
10,493
2

248

463

U,825

216

58,437
459,045
1,784
418,826
7,180
38,058

47,864
298,584
1,780
331,141
7,121
29,264

10,573
104,045

3,062,767

2,307,111

1,1196,030

Argentina.
BollTla...
Brazil....
Chile
Colombia.

167,777

1,162
64,541
392
8,954
2,537

1,131
55,835
392
7,472
2,537

31
4,679

4,027

174

174

986

496

1
23
1

1
23
1

66,857
2,660
8,663
32,984
18,513
22,874
496
10,274
1,332
8,140

62,453
2,616
8,355
22,213
15,784
22,194
494
7,789
1,332
7,966

2,412

1,992
11
158
488
295
139
2
2,465

1,013
41
2

997
40

4

6,873
139,231
446

8,346

5,131
59
448

255,867
645
16,964

6,819
111,560
442
158,398
645
15,928

1,485,128

569,176

252,807

670,405

1,164,175

301,822

858,843

3,510

129,965
12,713
41,898
19,054
53,372

1,084

80,71.7

131,055
12,713
49,661
19,300
55,581

Cuba
Dominican Bepublic.
Guatemala
,.
Mexico
Netherlands West Indies
and Surinam. .......

318,138
51,528
39,736
177,327

260,563
37,313
23,285
97,965

137,660
36,869
11,901
96,877

104,990

17,913

8,200

28,389

24,349

14,839

Peru
Bepublic of Panama..
El Salvador
Uruguay
Venezuela
Other Latin America...,

55,886
70,470

28,128
27,580

89,861
140,406
105,074

28,271
27,598
26,397
20,363
85,027
74,522

1,528,746

China Mainland.
Formosa
Hong Kong
India
Indonesia

38,307
41,913
62,665
67,330
189,748

Iran
Israel
Japan
Philippines.
Thailand....

Turkey
Other Asia.

56,416
82,554

33

150
10,283
2,434
541

20

6

6

36
23

7
23

7

7
2

11
173

5

5

54

470
1,046

82,007

7,383

20,288

473
1,305

96,903

4
566

82,084

801

235

46

46

512,355

126,883

31,167

85,251

84,855

323,027

266,586

55,776

665

8,628

8,036

36,685
11,689
40,158
32,673
25,159

36,489
11,669
39,968
32,637
24,849

174
9
20

22
16
181
16

24

305

5

37
23
24
2
7

56,759
14,189
16,436
74,094

579
26

237

3,184
1,088

57,575
14,215
16,451
79,004

4,771

358

58

8,825

685

4,040

3,960

80

5,503
18,686
84,999
55,902

20,800

143
18
94

9,876

8,744

27,608
42,872
10,767
69,350
54,850
30,401

27,050
37,029
10,461
61,246
50,325
29,133

22
355

148
529
151

86
522
151

973,963

775,946

152,697

45,320

553,497

526,294

15,405

11,798

1,286

878

28 ,572
37 ,216
25 ,049

9,735
4,697
37,373
3,300
1,097

9,452
4,697
37,233
3,300
1,097

243

870
127,573

638
695
1,182
1,126
2,197

283

334

243
334

188 ,651

27,934
36,521
23,867
61,700
58,881

23,493
37,832
726,323
334,202
126,476

16 ,708
33 ,625
715 ,299
315 ,115
123 562

16,587
33,567
708,686
299,708
10,595

6,785
4,175
11,024
18,990
2,914

32

32

4,700
8,110
111,850

121
58
1,913
7,297
1,117

U,023
18,855
2,914

135

97

97

14, 161
161,525

9,551
127,187

9,536
101,861

15
3,185

4,610
33,703

4,551
33,466

22

22,141

83

37
154

635

635

1,823,975

1,684,231

1,389,443

275,244

19,544

138,403

135,993

2,048

362

1,341

1,341

44,658
68,056

41,546
66,629

39,776
24,886

1,770
28

2,649
1,426

2,584
1,050

50

15
376

463
1

463

41,715

U7,669

113,914
5,430
63,573

22,684
5,387
56,556

91,200

12,421
83,059

3,745
4,948
19,131

3,711
4,936
17,987

34
2

1,470

30
43
5,547

309

835

10
2,043
355

10
2,043
355

325,863

291,092

149,289

134,385

7,4l8

31,899

30,268

369

1,262

2,872

2,871

International .

1,713,26a

1,713,261

114,189

1,563,379

35,693

Grand total...

9,950,649

,133,833

4,215,817

3,553,724

364,292

1,717,238

1,471,503

200,481

45,254

99,578

97,981

Latin America:
21l,l*25

89,81.3

51,975

Total Latin America.

Total Aala..

37,161*

63 ,696

7,763
246
2,209

1,677

28

6,616
2,789

4

15
139

4

554

3,727

2,116
306
7,814

290
4,503
913

139

2
7

169

1,386
1

Other countries:
Australia
Belgian Congo
Egypt and AngloEgi-ptlan Sudan
Union of South Africa.
Other
Total other countries.

,

Beginning March 1947, Includes balances In accounts opened by
occupation authorities for foreign trade purposes.

10

/4ii(/usr

1952

71

CAPITAL MOVEMENTS
Section III A - Prellninary Details for Month of May 1952
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners
(

Id tiiousanle of dollars

Treasury Bulletin

72

CUMULATIVE TABLE OF CONTENTS.
Septenber 1951 through August 1952

Atufust 1952

73

CUMULATIVE TABLE OF CONTENTS.
September 1951 through August 1952 - (Continued!

^^

Treas.
HJ

U.S. Treasury Dept,

10
.A2
1952
C.2

Treasury Bulletin

-.

US- TREASURY LIBRARY

1

0031977