Full text of Treasury Bulletin : August 1956
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i:
i
LIBRARY
ROOM 50?5
JAN
3 01958
TREASURY DEPARTMENT
LFBRARY
ROOM 5030
JUN
?,
3 1972
TREASURY OEPARTMENT
TREASURY DEPARTMENT
FISCAL SERVICE. BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON 25. DC.
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S
TAT
E S
SAVINGS
BONDS
WEASUMY.
MUILILETm
RUGUST-ia5B
UNITED STRTES TRERSURV DEPRRTMENT
DFFICE DF THE
SECRETBRV
Auqust
19%
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Budget receipts and ejqjendltures
2
Trust account and other transactions
6
Cash Income and outgo
ik
Debt outstanding and Treasurer's account
20
Statutory debt
ZU-
1
Imltat Ion
Debt operat Ions
25
United States savings bonds
33
Treasury savings notes
39
Ownership of Federal securities
Uo
Treasury survey of ownership of Federal securities.
k2
Market quotations on Treasury securities
k6
Average yields of long-term bonds
U9
Internal revenue collections
5I
Monetary statistics
5'+
Exchange Stabilization Fund
58
Capital movements
60
Financial statements of business-type activities,..
JO
Cumulative table of contents
92
Note:
Where calculations have been made from unrounded
figures, the details may not check to the totals
shown.
The Treasury Bulletin la for sale by the
Superintendent of Documents,
U. 3. Government Printing Office, Washington 25, D. C.
Subscription per year |5.25 domestic, S5.25 foreign.
Single copy price varies.
19%
Aaqust
A-l
Treasury Financing Operations
note Maturities Refunded
310,000,
1100,000, 11,000,000,
3500,000,000.
Following an announcement on July 12, I956, the
Treasury Department on July I6 offered In exchange
$100,000,000.
and
for two Issues of maturing- notes new 2-3/4 percent
notes to be dated July 16, I956, and to mature
AupfUPt 1, 1957.
The maturing securities were the
2 percent notes, Series B-19g6, which matured
four new Issues.
August 15 In the amount of |12,3)5g million, and the
billion, the equivalent of the maturing Issue.
1-1/2 percent notes, Series EO-I956, maturlnii
October 1, 1556, In the amount of {550 million.
average rates of discount on the new Issues were
2.I109 percent for July
5; 2.3S6 percent for July 12;
2.236 percent for July 19; and 2.303 percent for
July Bills Refunded
Four maturities of 91-day Treasury bills totaling 56.4- billion were refunded In full In July by
Cash subscrlptlonp were not Invited.
The subscription books were closed at the close of business on
July 13. A total of jl2,056 million was exchanged,
leaving S5S2 million to be paid In cash. The fi-
Maturing- notes
The
July 26.
Statutory Limitation on the Debt
A temporary Increase of $3 billion In the
nancing results are summarized In the table below:
Maturing
notes outstanding
June 30,
1956
Each new Issue amounted to $1.6
2-3/4 percent notes.
Series D1957 Issued
in exchange
Payable
in
cash
Maturing securities held by
Federal
Reserve
Nonbank
Banks and Coinmerc lal
CJovernraent banks 1/
Investment
accounts
Investors
2/
(In mlllloDa)
2% notes, Series B-I956,
maturing August I5, I956...
1-1/2? notes. Series EO-I956,
maturing October 1, I956...
Total
112,322
ni,52S
550
12,93s
12,056
P
528 P
p
$SdO p
22 p
832 p
57,523 J/
1889
500
8,023
y
g
42
897
'^.177
1/ As reported to the Treasury survey of ownership
2/ Residual.
J/ Includes 5159 million purchased by the Treasury for account of the Slnkln^r Fund and retired
for which distribution by investor classes has not been made.
See oa.'^e "52
=
Preliminary.
p
Exchanges were xade par for >ar with an adjustment of interest as of July I6, I956, with respect to exchanges of either series, and accrued
Interest to that date was paid to subscribers
following acceptance of the maturing securities
exchanged.
at
1956,
able on
August
only,
Hot©:
1,
The new notes bear interest
fron:
July 16,
the rate of 2-3/4 percent per annum,
a
semiannual basis on February
1957.
pay1
and
They were issued in bearer form
and in denominations of $1,000,
$5,000,
Details of Treasury market financing operations are
shown elae»*ere In this Issue of the "Treasury
Bulletin," In the tables on "Offerli^s" and "Dls-
'^
*
limitation on the outstanding public debt during
the period beginning on July 1, I956, and ending
on June 30, 1957, was established by Public Law 678,
g4th Congress, approved July 9, 1956. The new law
lowered the temporary maximum of $281 billion, effective since August 2S, 1954, to 3278 billion.
The basic limit in effect since June 26, 1946,
had been |275 billion.
Earlier statutory limitations on the debt outstanding are summarized in
the Annual Report of the Secretary of the Treasury
for the fiscal year 1955, 1" a table on page 433.
position," respectively, of marketable Issues of bonds,
notes, and certificates of Indebtedness, anl In the table
"Offerings of Treasury Bills."
.
,
.
Aucjust 195()
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In
Budget racelpte and expenditures
Net
receipts
EStpend-
i/
2/
Surplus,
Ituree
(-)
2/
Het of
trust
account
and other
traneactloos
mlUlonB of dollarG)
Not
Increase
Clearing
accoxmt,
etc. hj
2/y
Net
Increase in
Treasurer*
8
public
debt, or accotmt
balance,
ca*
decrease
decrease (-)
Levels, end of period
m
C-)
Debt outstanding
Treasurer's
account
Public
balance
debt
Guaranteed
securities
Total
Federal
securities
Subject to
limitation
5/
Fiscal years:
Ut,lt75
98,1*16
-53,91*1
V^d
39,771
19'»7
39,7«
6o,lA8
39,032
-20,676
754
IJliS
1(1,1.88
3,1*19
19'*9
37,696
1950
1951
1952
36,1(95
1*7,568
33,069
39,507
39,617
W.,058
61,391
65,1.08
1953 6/....
64,825
74,271.
I95I*
611,655
1955
1956 p
60,390
68,11.1
67,77s
64,570
66,386
1957 (Eat.)..
66,300
1*3,678
19't5
-1,811
-3,122
3,510
-4,017
791
-524
-1,103
679
147
555
-507
366
483
-214
-401
-294
-495
99
57,679
10,740
-11,136
4,529
-10,460
-10,930
24,698
14,238
3,308
258,682
269,422
258,286
-5,991*
1*,932
3,1*70
-e,135
3,883
1,624
-1,462
2,047
1,839
-388
252,292
252,770
257,357
255,222
259,105
-2,299
2,096
-551
331
478
l*,587
-9,449
-3,117
-4,180
1*35
-250
328
231
-303
284
1,754
-218
418
6,966
5,189
3,115
-1,623
65,865
435
41
23
-500
87,271
4l,o8o
37,955
-113,594
-2,512
2,434
-123
-1,386
-350
362
-24c
47,484
-18,966
-2,249
199
234
87
-106
-319
-4,100
4,331
-423
2,711
7,973
7,777
3,5aa
2,019
5,517
7,357
6,969
266,071
271,260
259,115
269,898
258,376
268,671
268,932
46
252,366
252,798
257,377
a55,251
a59,151
a51,542
258,028
256,652
254,567
258,507
265,522
270,790
273,915
272,361
1*33
476
90
73
27
20
29
52
266,123
81
44
271,31*1
274,3711
272,751
74
274,416
272,825
6,000
273,800
84
273,884
3,767
-22,502
-405
26,003
3,502
3,097
278,115
259,149
256,900
567
339
81
1,111
471
-447
62
1,770
-1,488
603
-635
4,208
4,679
4,232
4,295
6,064
252,800
257,130
256,708
259,419
267,391
24
1*,577
275,168
278,750
280,769
76
1*,670
6,766
6,216
6,546
a57,li91
CaleDdar years;
19^5
V^
30,568
1^1
1.0,389
19^8
1.0,8611
191*9
37,511i
1950
1951
1952
37,306
52,979
256,981
288,559
258,554
256,127
5,21*1
-229
-3,592
-422
-3,358
-5,842
-5oe
72,997
64,854
66,129
-9,157
-3,683
-2,771
101
739
-259
-209
61,171
63,358
6/
195U-July.
August.,.,
September.
8,927
3,911
I*, 951
4,827
6,731
5,019
-S,000
-2,820
-68
-169
304
-:2i
-97
-222
270,984
3,971
-145
-2,542
1,233
-313
4,224
21
5,1*57
5,11*5
a74,8l0
4,857
3,84a
6,288
-a, 218
104
-209
425
3,942
101
-103
1,518
641
-2,324
6,663
7,304
5,180
278,752
278,853
278,750
31*
-2,51*6
-311
391
100
-287
596
3,846
332
-11
-7
-186
354
36
-451
682
-260
4,728
5,411
5,151
278,'439
24
278,182
274,048
27
-l*,13l*
309
-384
131
2,601
824
-3,098
1,250
-522
336
6,401
5,88c
6,216
276,649
277,472
274,374
3,210
725
595
-1,058
-378
6,811
277,584
278,309
4a
277,1*76
48
48
275,378
276,326
272,361
61i,81*0
19511
63,81*1
6/
1955
311
815
-41
-31*
376
-276
5,180
l*,5l*5
371*
,955
October...
2,639
Ncrrember..
ii,aoi
December,.
3,71*2
1955-January . .
Pebruaiy,,
March.....
11,655
5,li27
4,91.2
9,7111
5,894
April.
May...
3,732
-1,1*96
-164
10,125
-919
3,372
-43
Jivxe..
5,228
5,356
6,753
5,382
6,225
-2,617
-1,491
158
-234
-ei7
337
237
li,73li
-40
-833
2,31*1
-62
5,311*
319
632
-720
60
-3,764
-195
-574
-1,293
1,504
2,316
5,119
4,545
3,252
4,756
7,072
279,818
280,136
280,769
280,049
280,108
?76,345
-556
-1,360
941
-3,978
5I18
5,712
6,259
6,546
275,789
276,729
272,751
11,1.38
1*,831
358
-69
July
Al^UBt.. ..
September,
2,765
5,1*98
5,3liO
October, ,
November.
December..
1956 -January. .
Februaiy .
March
2,692
-2,663
-510
-761
-a 13
1*73
33
-1
-36
-444
-590
1,245
5,914
-162
179
i27
73
U,313
5,355
5,172
5,651
5,274
4,950
5,399
-33
196
U,082
5,050
11,576
5,387
5,467
6,783
-1,305
-417
a65
4,793
-120
236
24
-408
April..
May....
June p.
l.,662
l.,689
11,681.
6,195
-74
Source:
Actual figures are frcm the old dally Treasury statement through
the fiscal year 1952 and the calendar year 1953; actual figures on the
nev reporting basis (see footnote 6) are frcm the new dally IVeasury
statement and the "Monthly Statement of Receipts and Expenditures of
the ISllted States Go-/emment": estimates are based on the 1957 Budget
docianent, released January I6, 1956, Including effects of proposed
legislation. More detailed Infonnation with respect to the figures on
this I«ge is given In succeeding tables.
1/ Gross receipts less transfers of tajc receipts to the Federal Old-Age
and Survivors Insurance Trust Fund and the Railroad Retirement Account,
and refunds of receipts.
2/ Transactions of the Foreign Economic Cooperation Trust Fund, established
under Section 114 (f) of the Econailc Cooperation Act of 1948 (6a Stat.
150), are consolidated with budget expenditures. Beginning vlth the
fiscal year 1951, net investment by vholly owned Government enterprises
in public debt securities is excluded from budget expenditures, aid is
included vith other such Investment under "Trust accooit and other
4/
259,1*87
35,623
4l,106
37,728
56,337
70,682
1953
i/
278,6821/
transactions."
Consists of transactions of trust and deposit funds, investment by
Government agencies in public debt securities, and redemption or sale of
obligations of Government agencies in the market; excess of receipts, or
expenditures (-). For detail of content, see page fi.
For checks outstanding, telegrajAilc reports from Federal Reserve Banks,
public debt interest accrued and unpaid beginning with June arei the
fiscal year I955 (previously included frcm November I9I19 as interest
-311
-257
287
5,753
5,376
252,854
257,160
256,731
259,461
267,445
252,057
256,413
256,026
53
275,244
278,784
280,822
274,671
278,256
280,348
21
27
29
271,005
274,982
274,838
270,466
274,447
274,305
34
278,786
278,888
278,784
278,255
278,357
278,256
278,463
278,209
274,080
277,949
277,697
273,571
276,686
277,515
274,418
276,179
277,010
273,915
277,626
278,352
277,521*
277,143
277,872
277,045
59
279,866
280,189
280,822
280,102
280,167
276,404
279,388
279,713
280,348
279,630
279,696
275,935
56
62
74
275,845
276,791
272,825
55
30
42
54
31*
34
33
37
1*3
44
1*3
53
53
53
58
258,7911
266,821
checks and coupons outstanding], and deposits in transit and cash held
outside the Treasury beginning with the fiscal year 1954; net increase,
or decrease (-)
2/ For current month detail, see section on "statutory Debt Limitation" In
each issue of the Bulletin. The limitations in effect during the
period covered by this table and the date when each became effective
are as follows: June 9, 19'*4, $260 billion; April 3 1945, $300 billion;
June 26, 1946, $275 bllllonj and Ai^uflt 28, 1954, $281 billion (temporary Increase ending on Jime 30, 1956). Guaranteed securities are included xuider the limitation beginning April 3, 1945. Savings bonie are
included at current redemption value beginning June 26, I946; prior to
that time they were included at maturity value.
In the debt outstaniing, savings bonds are carried at current redemption value.
6/ New reportlr^ basis as annoifficed February 17, 1954 (see April 1954
"Treasury Bulletin," page A-2), beginning with the fiscal year 1953 aoi
the calendar year 1954. The new dally Treasury staten^nt shows cash
deposits and withdrawals in the account of the Treasurer of the TJhited
States. The monthly statement Includes agency transactions not cleared
through the Treasurer's account, and shows receipts when they are received by collecting officers and expenditures when checke are Issued or
payments are made by disburslt^ officers.
1/ Inmediate postwar debt peak of $279,764 million was on February 28, 1946.
*
Less than $500,000.
n.a. Not available.
Preliminary.
p
,
.
Treasury Bulletin'
.BUDGET RECEIPTS AMD BXPEHDITTJEES.
Table 1.- Receipts by Principal Sources
(In millions of dollATs)
Internal reTonuo i/
Bq>lojiBent tazee
and proflta taxes
flacal year
or Bonth
IndlTldual
Corporation
2/
19*8.
19*9.
1950.
1951.
1052.
Rot
vlthheld
withheld
i/
9,8*2
10,073
13,535
18,521
218
32 826
Hev reporting baa la;
Incooe
anl
proflta
U,*36
19, 735
19 ,61*1
18 189
2lt
Total
For
old -age
Insurance
2/*/
For railroad retirement
2/
For
lui-
emploTinent
Insurance
6/
Total
employment 2/
Excise
tazee
2/
Eatate
and gift
taxes 2/
8,301
8,3*8
8,303
9,*23
9,726
31,171
29,*82
28,263
37,753
51,3*7
1,616
1,690
2,106
3,120
3,569
557
56*
550
578
735
208
223
226
23*
259
3,931
*,562
*,983
5,*a5
6,220
7,296
10,01*
9,211
10,00*
10,825
9*5
936
1,171
2,381
2,*77
2,883
8/
1955
1956 p
53,906
•9,915
56,63*
*,086
*,537
5,3*0
6,337
620
10,7*7
10,396
11,322
21,351
21,635
21,25*
2*, 015
5* ,363
21,523
18,265
21,297
600
63k
277
285
280
325
1957 (at.)....
20,300
U,718
23,*00
55,*18
6,635
660
290
7,585
9,887
1,120
5*7
328
1,100
277
198
912
519
60
2
16
1
216
1,012
579
796
867
881
79
77
66
178
9*
350
1,01*
3,037
1,763
1,708
3,**7
*,389
1,58k
3,*25
3,567
15
85
1,685
88*
3,00*
1,60*
18
85
55
*
1*
1
821
921
766
68
88
17
85
5*
32
2*1
290
791
395
212
972
572
799
8*6
826
136
750
877
85*
112
33 ,012
1953
195'<
1955-Juu
Auffuat....
Septenber.
October.
December,,
392
293
1,U.9
1956-Januar7.,,
l.2lt
Febr^jftzj.,
lt60
.
Noreaiber.
March
8,109
April..
Maj....
J\ne p".
7,193
us
"492
6c?3
268
692
339
163
3,515
2,152
939
T95 12/ 3,732 12/ *,987
10,772
769
1,893
810
3,875
2,555
865
*,713
3.356
10,6'i2
1,972
1,*87
509
,
6*6 32/
512
567
973
5*9
6
15
*
586
91
2
5*
1
1,067
60*
Deductions fron
MlsoalXansouB
racelsts
Placal year
or month
Total
budget
rscalpta
I/a/
k22
38k
*23
62*
551
19*8
19*9
1950
1951
1952
Hew reporting basla:
Taxea not
othepvlee
clasalfled
2/
3,82*
2,082
1,*39
1,639
1,81*
Ballroad
Retirement
Acco\nt 1^/
5
2
1
*
1
-1
2*
-2*
1
1**
137
Befunds of receipts i*/
Total
refunds
Internal
reTenue
*6,099
*2,77*
kl,311
53,369
67,999
1,616
1,690
2,106
3,120
3,569
550
550
575
738
2,250
2,817
2,135
2,082
2,275
723
78
97
7
bud^t receipts
Traosfera of tax
receipts to POASI
Trust Find
89
92/
19
17
16
15
2
18
9
3
8
9
2,272
2,838
2,160
2,107
2,3oe
8/
1953
195*
1955
1956 p
613
562
606
705
2,559
2,981
72,6*9
73,173
69, WA
78,796
*,086
*,537
5,0*0 12/
6,337
620
603
599
63*
3,095
3,3*5
3,kOO
3,653
1957 (B>t,)
700
2,800
77,515
6,635
660
3,092
3,920
5*
23*
390
208
15
85
6,180
198
912
519
60
109
116
100
103
19
85
51
21
1955-JuU
August
Septsnber
October
HoTonber
Oeceober
1956-January
Petruary
March
April
May
June p
,,
,
,
,
55
57
1,865
,
2,31i2/
62
65
56
2*0
**0
173
2,998
5,527
5,337
268
692
339
18
85
55
*,9^
17
20
22
23
6
3,U8
*
3,377
3,*26
3,68*
U
UO
118
89
5*
59
57
198
59
133
7,158
12,*99
163
,
6*6 12/
512
17
85
5*
*9
229
618
51
231
620
P
63
1*7
251
29*
5,562
7,107
12,57*
567
973
5*9
15
91
895
991
5*
392
897
993
395
57
Sojpce: Actual figures thrcjgh 1952 are fron the old dally Treasury otateaentj actual figures on the nev reporting basis are froo the "Monthly
Statement of Bocelpte and Elpendlturea of the United States GoreriDent";
ootlmatee are based on the 1357 Budget dociment, released Januai7 I6,
1956, Including offeots of proposed legislation.
1/ For further detail, see tables inder "Internal Rorenuo Collections,"
2/ Broakdoim vas not made In the dally Treasury statenont anl the monthly
atatecjpnt for yearo prior to 195*.
1/ Beginning Jan.aary 1?51, the distribution of receipts between IndlTldual
Inccno taxes and old-age Inourance taxes la made In accordaixje with
provlalcns of Sec, 109 (a)(2) of the Social Security Act Amendments of
1950, for transfer to the Federal OU-Age and SurrlTors Inauran:e
Trust Fund ( see footnote 12 )
Taxes on employers and employees under the Federal IhsuraiKe
Contributions Act, as emended (26 U.S.C, 1*03-1*32) aid, beginning
with the taxable year 1951, tetx on aeLf-employed InllTlduAls ureler
the Self-Etaployment Contributions Pet (26 U,S,C, *80-*a2).
2/ Taxes on carrlsrs end their employees under the Eallrool Retlrenont
Tax Act (26 U,S,C. 1500-1538),
6/ Tax on employers of 8 or more under the Fttderal Utanploynent Tax Act,
as amended (26 U.S.C. I60O-I6U).
RsoAliUng footnotes on page k.
*/
..
.
.
.
,
Auqust /9J6
.BUDGET RECKIPTS AND EXFENDITUEES
Table 2.- Expenditures by Agencies
(In mllllonB of dollars)
Fiscal year
or month
Leglelative
branch
1953
Tl»,27'i
61
W"*
1955
1956 p
67,772
64,570
66,386
59
65
87
1957 lEst.)....
65,865 a/
Judiciary
Executive
Office
Funds
appropriated
of the
to the
President
President
27
28
30
37
Independent
offices
General
Services
MjnlnistratloQ
9
9
5,782
5,282
9
'»,38l
10
It.ltlO
6,905 1/
6,U73 1/
6,791
6,987 2/
123
1.1
"•,353
7,
9
9
2
3
319
226
3
17''
39
''72
736
588
1,107
806
973
Bousing
and Home
Finance
Agency
Agriculture
Consnerce
Departanent
Department
3,217
2,915
385 2/
-615 2/
129 2/
37
5,191
1,063
1,000
1,077
1,281
556
-67
3,661
l,lt28
27
30
-1
-13
323
939
352
lUl
13
l»59
113
103
127
52''
11,636
1955-July
August. ..
September
5,382
6,225
October.,
November.
December.
5,355
5,172
5,651
10
9
3
''55
5'tO
69
31
ItlU
3
3
Wil
221
305
3''
5''5
52
't
573
1956 -January .
February.
5,27''
7
k
29l»
532
'.3
'.3
li
3
2l»0
595
615
33
-101
367
199
29
20
1.05
6i6
676
632
32
57
59
5,3'*0
U,950
5,399
March
April.
May
June p...,
3
5
3
''61'
5,387
9
3
3"'3
5, ''67
7
3
1.99
3
886
6,783
Defense Departanent
Fiscal year
or month
1953
195''
1955
1956 p
,
1957 (Est.)...,
1955-JuU
Ed\)cation,
MllltaiT
functlona
605
35,532
5''8
35,5l'8
573
35,5l'7
629
2,5''7
30
68
103
'.5
-120
62
51
39
108
3,111
3,372
October..
November.
Docenber.
2,729
2,828
1956 -January.
February
March
April....
May
Jwie p.
.
813
''3,611
110,336
August. .
September,
.
ClTll
functions
3,12''
138
1118
Interior
Department
252
1*36
Justice
Department
Labor
Department
1,920
1,981
1,993
2,071
587
535
515
526
171
183
182
300
355
216
2,303
616
175
173
167
79
83
8e
71
81
152
District
State
Depart-
Interest
On
ment
of
Columbia
5/
On
public
debt
refunds
of taxes
659
271
6,501'
71.
798
156
136
873
62
54
3681/
138
6,382
6,370
6,792
83
I112
312
356
U57
218
1192
117
167
7,000
60
'il
2''
3''
85
17
17
118
18
59
36
592
522
529
li
53
22
17
Ul
15
18
lt5
21
67
11
18
21
22
10
62
190
165
151
''3
2,855
2,918
2,786
"•S
.UU
200
''5
39
37
2't
1611
35
20
151
•3
17
16
16
2,909
2,925
U8
.1.9
16
I16
3, ''''5
63
-6
-13
192
173
168
33
''7
18
23
Actual figures are from "Monthly Statement of Pecclpte and Expenditures of thp United States Government"; estimates are frcBi the
1957 Budget document released January I6, I956, including effects
of proposed legislation.
Note:
Figures in this table are for agencies as constituted at the time
the expenditures were made, aJtKl therefore do not necessarily represent
functions which are comparable over a period of time. For expenditures
by fuw:tlons on a consistent basis, see Table 31/ Expenditures for Reconstruction Finance Corporation are Included under
Post
Office
Department
y
-3''
2
1.73
5
Ult
Treasury Departaent
Health,
Undistributed and
foreign
Welfare
transactions Departaent
-h
ll»
13''
39
Source:
2/
39lt
12
li
33
117
61
71
5l«
5'«
595
5
6
3
59
13
12
625
6
61
553
3
1.2
11.
559
6
60
565
561
608
6
13
16
8
72
12
19
19
69
61
36
16
25
11
1
50
-1
5'.
3
877
li
5
12
13
22
22
32
81
66
76
151
"Independent offices" through 195^, and under "Treasury Department,
Other" thereafter.
Expenditures for Federal Home Loan Bank Board ore included under
"Housing and Home Finance Agency" through 195^, and under "Independent
offices" thereafter.
Total includes reserve for contlneenciee amounting to $225 nllllor.
Effective June 30, 1955, interest on the public debt Is reported on
an accrual basis.
ConBists of Federal pajnrnt and loans and advances.
:
.
-BUBGET BECEIPTS AND EXPENDITURES.
Table 3.- Expenditures by Functions, Fiscal Years 1953 to Date
(In Billllonfl of doHnra)
1953
195k
1955
1956
through
Hay
Major natlorul s^curltv;
Direction and coordination of defense
Air Force dcfenae
Amy dofenae
Rav&l defense
Other central defense actirltleo
Develojoent and control of atocilc onergr
3toc]cplllng and defense productl<zi expansion.
Mill tar? asalatance
Direct forcoe support
051
052
15
12
15,085
053
16,21.2
15,668
12,910
05I1
11,875
U,293
055
056
057
058
059
Total aajor national security.
International affairs and finance:
Conduct of foreign affairs
EbonoBiic and technical dsTelopcient 2/
Foreign Infonnatlcn and exchange actlTltles.
151
152
153
Total International affairs and finance.
Veterans' serrlces and benefits:
Veterans" education and training 2/
Other veterans' rF>adJust2Mnt beiwflts i/
Vsterans' c<apensatlao and penslocs
Vsterans' insurance and serrlcesien's indeanltles.
Veterans' hospitals and aedical care
Other Teterans* serrlces and adslnl strati on
101
loe
103
lOh
105
106
Total ret/rans' serrlces and bewfits.
Labor and welfare
lAbor and manpover
Public assistaiue
FroBotion of public health
PrCBOticn of educatlco
General-purpose research, libraries, and nuflenas.
Correctional and penal Instltuticns
Ot^er welfare serricce and sdministratlcn
211
212
Agriculture and Bgric-jltural reso\g'ces:
Stabllitatlon of faia prices and fam incone y,
Flnancli^ fain ownership and operation i/ 2/....
Financing rural electrification and telephones..
Conserratloo and deTcloiBent i/
Research and other agricultural serricee 1/
develop»nt of land and water CJ 7/,
dsTeloiDent of forest resources
dovelojnent of cioeral resources....
develojnent of fish and wildlife....
of natural resources
surveys and adainistratlon
l*Sl
1,857
1,01.5
91.1.
3,95'.
3,629
2,272
19
50,363
1.6,9011
llO.C26
36,163
150
1,960
130
1,5U
91
121
1,960
100
1,1.15
106
2,216
1,732
3,181
1,636
661t
158
150
63
2,1.82
2,681
loe
757
223
100
782
188
57
727
178
2,562
101
11,298
U,256
".,1.57
277
328
3I19
1,1.39
1,1.28
1,3''6
290
271
35
275
321
2liO
56
51
28
29
739
721.
1611
'.,353
326
27
26
IW.
11.7
115
121.
2,1.26
2,1.85
2,552
2,li65
2,125
3,508
236
286
177
3,565
227
198
290
197
35''
239
317
355
11.5
1,689
256
217
2Ut
150
5,936
2,557
U,UU
I..I177
1,1?2
107
38
960
117
37
38
815
lis
37
61I1
".3
111
33
35
35
1,220
1,081
567
I166
572
586
275
1.69
6I.7
109
UOIt
31.
"•05
l»09
31.
Total natural resources
30
1,36*
511
512
513
511.
515
51*;
517
51B
519
520
521
Total caaarrce and housing
20I.
31.
129
37
UO
-Ji.
896
710
227
239
659
kS
29
37
253
356
56
JiOl
-U5
1.13
-lll2
270
-a
-111
135
51
1?
-330
-I.OI.
-79
1.5
38
38
60
1.2
50
2,6lS
601
(Continued
102
51.6
36
U02
Total general govement.
118
659
138
288
1.01
General soverment :
loglslatire fuictions
Judicial fmictlons
[
Executive direction and Dsnagoaent
FSderal rinsnc lal mansgensnt
General prope: ty and pecorda aanageoent
Central personnel nanageosnt and eaployoent costs . , .
Clvlllsn weather services
Protective services and alisn control
Territories and possessions, and District of Colxnbls
Other general goverment
531
1,513
537
1,773
2,1.20
213
It03
gjBerce and housing:
Praaotloo of water transportation 8/ 2/
FroTl sion of highways
Pronotion of ariation
Postal service
C dgTiiilty derelopoent and facilities JO/
ii/.
Public housing progrsao 12/
Other aids to hoiising IJ/ii/
Other aids to business Ht/ i^
Regulation of cooafrce and flnarue
Civil defense
Disaster insurance, loans, and relief 1^....
8,61.1
1.52
1,895
215
216
217
Total agriculture and agricultural rssotnxes ....
natural reoa^uxes:
Conservation and
Cooaerratlon and
Conserratlcn and
Conserration and
Recreational use
General resource
13
15,001
8,071
39I.
2 lit
351
352
353
8,899
9,732
1,791
1,008
281
1,332
31B
Total labor and welTsrv
13
16,1.07
31;!
1.07
28
36
13
13
909
1,622
1,872
60
31
62
35
1_
">9
119
29
29
603
60U
605
606
607
11
kUs
185
11
12
I1I19
"131
I6I.
lll2
325
6o3
609
610
11.7
155
93
26
lAO
30
168
65
223
1,1^
387
55
53
11.0
213
115
25
157
67
139
l,".?*.
1,239
1,201
28
on follovii^ page)
U
.
Aaqiist 1956
.BUDGET KECEPTS AND EXPENDITUEES
Table 3.- Expenditures by Functions, Fiscal Years 1053 to Date
(In millions of lollan)
Fisiotlon
(Continued)
.
..
'
Treasury Bulletin
— TRUST
ACCOUHT AND OTHKh TRANSACT I OKS
Table 1.- Summary of Trust Account and Other Traneactlone
(In lULloiu of doll»r»)
Tnut
•t
r«c*lpt«, or
•zpandltuTM (-),
Pltcal 7*ar
or Bonth
frca tnut accomt
•fld other tr«na-
axid
depoalt t\wd accounts
let r«c«lpt«, or
expenditure* (-)
Expenditures
Peceipts
1/
Het Bale, or InTeetaaent
(-), b7 Oovemment
agencies In p-jbllc debt
aecurltlee i/
Ret sale, or redeaptlon
(-), of securities of
GoTerroMnt agenclee In the
arket 1/
actloofl
egk
19*8
19*9
1910
1951
1958
99
679
!•« rsportlng baala;
6,515 2/
-e8l
3,852
3,855
6,669
7,796
8,807
lt35
195lt
328
231
-218
1955
1956 p
1957 (B«t.)
1955-JuJof
AugUBt
Sept«nber
3,760
2,386
991 r
2,296
-3,301
-2,05*
-1,362 */ 2/
-2,687
602 */
173
10,200
-1,^1
2*2
-25*
-99*
319
-16
1,691
11,890
-23U
-217
-7
775
33
-39U
71.5
752
1,502
721
727
688
505
l»7't
1,11*2
900
668
178
81.1
-162
-533
127
139
337
••.•*>>.
March
April
Haj
Juoe p
5,169
6,769
,
8,5*5 i/
9,389
*1
-213
33
-1
c
195'5-JanuBTy
F<it>ruU7
l»,952
<
<
6,929
9,155
9,536
11,635
y
-33
-4
371
1,009
757
265
-135
936
833
871
1,605
1,616
tt
-120
Source: Actual figures throv^Ji 1952 are free the old dall^ Treasury etateaent; actual figures on tii© new reporting basis are froa the "Kcnthly
Stateosnt of Receipts and Expenditures of the Uilted States Soverment";
eetinates are based on the 1957 Budget dociDent, released January I6,
1956, including effects of propoaed legislation.
ij Prior to 1951 net InTestznent in public debt securities by certain trust
aocomte and by deposit fund accoxslts is Included in trust and deposit
fiBid account expendituree and excluded frcm net invoBt^nt by Govenxoentegencies (See Tableo i and *); for treatment of Bscurit;- transections of
OcrenBent-spcnsored enterprises beginning 1955. see footnote *.
2/ Btcludes Foreign Econonio Cooperation Tr\Mt Funa (see page 1).
107
-3,060
-2,311
*oe
-3,557
-3,636
3,82U g/
6,950
3,9*5
5,71"»
X^
1953
Oototor
NoTonbor.
DBC«ab«r
2,658
1,890
-7*
-22
36*
-72
-25
-*
27
1
-55
663
236
-378
-1*6
-33
90*
870
761
373
-1*0
-69
128
40
1,006
669
353
-983
*7
783
-l,00l(
51
-61.
-a
*8
Aa announced February 17, 195*! see peg© 1, footnote 6.
Uhder a revised classification in the monthly statement, effective
July 1, 1955, the security transactions of '>o\'ernnent-epaneorod
enterpi'isee are Included in deposit fund aocount expenditures (net)
end excluded frcQ net investzuent by Oovenzaent agencies in public
debt securities (see Table *) end from net redemption or sale of
obligations of Oovemment sgenciee in the market (see Table 5).
Figures prevlouol;'" p\;bll3hed for the fiscal year 1955 have been
revised to the new clasalflcfttlon basis.
Guaranteed securities included beginning 1955 (see Table *).
r Bevlscd.
Lena than $500,000,
p Preliminary.
3/
±/
^
*
Table 2.- Trust Account Receipts
(In BillicDe of dollars)
Plsaal year
or Booth
Tot«l
Federal Old-Age
and SurvivoiB
Insurance Trust
Fwd
19*8
19*9
1950
1951
1952
6,515 1/
5,71*
6, 660
7,796
8,807
W«» reporting basie:
1,807
1,92*
2,367
3,*U
3,932
Rnllroal
Petlrement
Account
Uaenplnynent
Trust Fund
Rational Service
Life Insurance
Fuol
Oovenmant
Govemnent
Other trust
Ufe
employees
retlremeat
funds 1/
funis and
accounts
Inauraooa
Fund
797
625
6*5
678
850
1,313
1,173
1,281
1.5*2
1,6*3
690
,076
68*
786
87
86
680
809
850
87
912
637
619
590
6*9
79
78
78
*01
*57
U.0
*66
7*0
90
92
59*
1,17* 1/
529
*03
5*5
597
*/
1953
195*
1955
1956 p
8,929
9,155
9,536
11,685
*,5l6
5,080
5,586
7,003
7*2
739
1,59*
1,*92
1,*25
1,728
7*
961
691
706
1,025
1957 (at.).
11,890
7,336
770
1,610
602
73
1,067
*32
7«t5
225
925
53*
16
85
1*0
302
276
52
2
56
*3
38
12
33
93
36
3
3
60
18
85
55
221
108
35
3*
3*
*8
50
*8
39
*1
*2
*0
3
5*
33
2.
61
26
26
50
51
56
2*9
28
25
1955^uly
737
700
Auguat,...
Septeober.
1,502
721
October...
IloTamber .
505
1,1*2
Decenber.
8*1
306
709
5*1
371
1,009
757
187
665
53*
18
86
55
157
17
38
37
871
1,605
617
i.ooe
758
17
93
150
91
387
193
38
36
196
1956 -January...
February.
March
April..
May....
Jwie p.
l.Clfi
Source: See Tabla 1.
1/ CoDslsta of Civil Servloe and Foreign Serrlce retin^tnt fis^ls,
£/ mcluiee Adjusted Service Certificate FMid, District of Colinbia,
Indian '.rlbal f -jndc , Increcrnt rtoxdtln,^ fr<m reduction In the wt;lght
of the gold dollar, and througl. 1?5^ eelgnlorage on Oliver under the
Silver Purchase Act of 193*. Thereafter any such eelgnlorage ie
included with other eelgnlorage isider budget recelpte.
Beginning
56
2
2
2
3
3
3
**
33
52
55
with the fiscal year 195*, the Railroai. Uhenployment Laurence Admlnietratlon Fund is classified as a trust accomt, it»tead of being
handled through budget accounts as fon»rly (see "Budget lieoeipts and
Etpendlturee," Table 1, footnote 11).
Excludes Foreign Efconcoic Cooperation Trust Fmd (see page 1).
As aimounced February 17, 195*; see pege 1, footnote 6.
Preliminary.
'
.
August
]
19%
.TRUST ACCOUHT AMD OTHIR TRAKSACTIOHS
Table 3.- Trust and Deposit Fund Account Expenditures
(In millions of doll&ra; negatlTe flguree are exoeas of credits
.
.
i
Treasury Bullet
-TPUST ACCOUBT ANT OTHER TRAHSACTIOHS
Table 4.- Net Investment by Government Agencies In Public Debt Securities
(In mlllloo* of loll«r») n»g»tlTe
tlgarf sr» «xc»ts of —l»a)
Tmat
Total
truat
aooouDta
or aooUi
1950.
1951.
1938.
3,557
3,636
Nov reporting baeia:
Railroad
Betlreaent
AaoouDt
tJoaaploj-
aant
Truat
mad
aoooiBta
Rational
Serrlce Life
loaureaoe
Vusd
nmd
fiada 1/
1955
1956 p
1,368 6/
2.687
3,068
1,688 2/
1,236
2,586
1957 (Ut.)
1,891
1,777
1955^ulof
Auguat....
Saptaabor.
October...
Noreober.
Oeoenber.
.
r»bniU7..
March
April
Hay
59
23
-5".?
73
l,l<63
1,039
122
l,2lll
1/
135
96
-lU
513
-7
-5
-2
15
7
235
-6
29
218
-e
-66
50
-9
-236
-251
377
-es8
179
136
e9
•U2
35
8
161
10
-ek7
-37
M>
7
-39
-118
39
98
l,00l>
176
-179
6I18
975
980
I.7'*
7
-139
-85
-7
-6
w
-3
-3
33
-I.
6
-It
15
21t
-35
26
-1
-1
267
6
6
16
153
33
207
25
8
OoreniBant-apanaorad entarvrlaaa
Federal Sarlaga
and Loan
Total
GcrarDBant-
Inaurazioe
pooaorad
efitarprlaea
Corporation
52
U
101
21
7
73
79
-77
59
-86
U
9
12
Banlca
for
oooperatlTea
Federal
Deposit
Inauranoe
Corporation
8lt
62
179
81t
Federal
hoae
loan
banks
Federal
land
baoka
21
95
1/
U3 5/
87
61
102
31"t
MemorandUB 2/
1955
1956 p
126
101
95 ;o/
69
13
iBja/
15
17
170
sue
1957 (Sat.)
113
80
18
15
205
1
18
5
13
-10
Auguat
1
It
-136
Jt9
Septeoaber
15
It
2
9
-ItO
October
RoTODber
December
15
1
1
12
U
1
2
1
-6
-3
127
227
-17
19^.^januar^
February
March
7
12
-1
k
1955^uU
April
Ma/
J\au p
18
-8
-5
19
6
-9
-6
Itl
1951
1932
federal
Houalog
AdBlnlatratlcc
lit
lU
-U
-3
-5
-5
-12
Pabllo enterprlae fuDda
Total
puU.10
antanorla
fusda
Flacal rear
or Booth §/
1
258
1»5
70
9
-65
-1
-16
I138
69
-353
983
17
590
-ek8
265
lltO
78
280
202
lUl
121
-fi69
lli£
588
292
31*
5k8
-ei»5
259
976
-379
128
66
-355
-2
9U
583
-33".
llt£
-6
650
l>U9
1,678
1,950
991.
-373
62lt
-1,9'.6
-319
378
9
1
353
-72't
l.UU
-6
as"*
8
-160
338
357
>t6l
569
other truat
accoimta 2/
363
W»7
5^3
573
31.6
1,5^5
1,522
3,301
1953
195k
Goremaant
as^oyeea*
retiroMBt
Ufa
y
2,05"<
Bev laportli^ baala:
Isanranoe
Oorer
32
32
-e6
l.W"*
1,29U
WJk
J\l\e p. ...
mnl
3,060 1/
2,3U i/
-4oe i/
3,369
3,355
1953
i9i6-3»Dvtxj .
radarkl Oil -Age
and SurrlTor*
Inauranoe Tmat
2
2
8
1
13
3
2
1
2
285
70
63
2
-U
3
3
-17
lt9
-10
98
18
August 19%
10
.TBUST ACCOUirr AHD OTHSB TRANSACTIONS-
Table 6.- Federal Old-Age and Survivors Insurance Trust Fund
^
(In lllloD* of dollar*)
KzpoodlturoB other than InToa^anta
Baoolpta
Approprlfttlona
or acoth
Total i/
WT-ltV
3,931.5
3,119.5
3,568.6
l,807.'»
19't9
1,983.8
2,366.8
3,'»11.5
Hev reportli^ bajle:
profits on
IxrrMtBanta
839.7
190.6
230.2
256.8
287 .I*
333.5
10,558.8
19W
1950
1951
1952
Int«r«flt aod
9,719.0
1,616.2
1,690.3
2, 106. It
'1,516.3
"•,086.3
386.6
5,080.3
5,585.8
7,003.3
'•,537.3
1138.9
5,039.6
6,336.8
'•38.0
1957 (tot.)
7,335.6
6,635.0
22>>.7
196.5
Al^Uflt
985.0
9U.6
3ept«aber
53"».9
518.7
Ootol>«r
Iforeaber
305.7
706.9
5*1.2
267.7
691.9
338.7
187.1
665.2
533.9
616.8
1,002.2
162.5
1955-Julor
1956 -JanuArj
fobruUT
Naroh
April
Haor
Jine p
1937 to lata p S/
y
A
1,760.7
559.1
660.5
.7
3.3
3.6
3.7
3.7
Benefit
Dapoalta tr
StatM 2/
78">.l
25.7
1,568.5
2,067.1
'•3.3
2,750.0
92. >•
3,"^0*.8
"•,1*7.5
.9
j/
1953
195*
1955
1956 P
Deoeaber
Other
•
758.3
U6,ia6.6
6116.2
512. •
566.7
972.7
5*9.2
Itl, 819.9
•87.5
11.6
9.6
T.*
96.6
171.5
565.0
5.5
130.0
6,2l«.6
7.'^
18.8
12.0
"•35.2
.!»
"•37.8
19.8
12.8
509.9
lt.2
201.1
1.3
1.0
3.3
13.7
23.5
15.7
7.7
31.6
"•81.3
2'^.9
"»91."^
1.3
15.3
IS.I
k.6
206.2
3,889.2
uu.o
5,551.3
U38.6
"•'•9.2
MS .9
"•'•8.2
"•5"^.6
"•67.9
2.9
"90.0
"•33.1
23,593.5
U
.
9
U
5
-
August i95h
11
.TRUST ACCOUNT AHD OTHEH TRANSACTIONS
Table 7«
-
Unemployment Trust Fund
(In millions of dollars)
Bscelpta
Stats acoouDts
Fiscal year or month
Railroad T^bsKploysant Insurance Account \/
Total
Deposits
\9^6^k^
igue
12,257.8 5/
1,312-9
1,173.2
1,281.0
191*9
1950
1951
1958
States
iQr
Contributions
^
Transfer* frca /Ualnlstratlon Fund 3/
10,555.5
1,007.3
71*6.3
981».0
.1
56.9
9.7
9.0
9.7
5.1*
130.6
Federal Unaaployent Account j*/
Transfers froa
general fund
792.0
165.3
180.1
167.1
164.1
l,5'tl.6
1,098.8
1,362.6
11*.
1,6U3.3
l,'t39.0
15.1*
It.l*
1953
15.0
17.8
1*.9
ll*.2
1.6
6l».3
New reporting basis:
Interest on
InveetBents
181*.
6/
1,593.8
1,371.1
1951*
l,'t92.5
1955
1956 p
l,'>25.'t
l,2li6.0
l,llt6.2
1,727.8
1,329.9
27.6
3.6
167.8
202.8
22k.k
199.1
198.9
1957 (Est.)
1,609.9
1,250.0
81.0
2.1
80.5
196.3
53.2
299.9
9.6
.1
86.8
August
September
Ito.l
302.3
11.7
.1
.1
.6
October
November
December
56.3
221.1
107.9
U5.6
220.2
16.9
1956-Januar7
February
March
l42.lt
te.3
156.6
17.5
155.''
llt.l
2.5
.9
91.
80.0
.5
10.8
387.0
376.1*
193.3
16.2
10.6
5.3
3.1*
81.0
87.1*
991.8
99.7
232.1
2,1*78.2
1955^ut7
April
Ma;
June p
25, '•50. 5 II
1936 to date p 1/
1*.2
2.1
1.1*
10.5
.2
.9
2.8
88.2
.1
1.3
21,5''1.6
.2
Expenditures other than InTeetaDsnts
Assets, end of period
Ballroad UneoployState aocounte
Fiscal year or month
ent
Insxirance
Accoimt i/
Withdrawals
by States
1936-1*7.
1*,388.8
I9I18
858.9
1,313.8
2,025.5
900.3
191*9....
1950....
1951....
1952....
^
1,01*8.6
Hew reporting basis:
6/
1953...
1,009.8
1951*...
l,7l*l*.9
1955...
1956 p.
1,965.1*
1957 (Est.)....
1,603.3
1,392.6
9l*.5
1955-July
Ax^xiat ....
September.
99.6
86.3
October. .
November.
December.
103.5
1956-Janunry.
February.
March
152.5
151.9
162.9
.
April..
Hay....
J\sie p.
1936 to date p 1/.
75.2
76.
11*6.2
K6.3
117.3
16,661.0
^
U,168.1
Benefit
payments
Het increase,
or decrease (-),
in assets
Inrestments
Unexpended
balance
99
3
.
..
,
.
9
1
2
2
57
8
9
3
7
1
Treasury Bulletin
12
-TRUST ACCOUKT AKB OTHER TRANSACTIONS.
Table 8.- Railroad Retirement Account
(lo
BlUlou
Macal year
or aoath
Appropriatloiu XJ
Total
1936-*-
2,iae.6
797.k
I9W
677>
19*9
1950
1951
1958
7*9.8
561.0
8B9.7
Wev reporting baale:
19W
1956 P
86.5
38.9
50.9
62.2
1,277.7
222.3
278.2
I190.8
70.2
78.9
321.0
390.7
89.3
98.7
101.0
105.0
U65.I
5oe.o
585.1
610.6
750.8
js/
653.0
619.2
598.9
y
38i..6
6.1
'•58.9
1.8U.6
6.1
5.8
6.3
6.8
596.1.
7.1.
637
7.3
5.5
55.5
U8.2
U8.0
1.7
.6
7.1.
".7.
.5
.5
-39.9
36.9
12.2
50.1
1.9.
.8
.5
.6
50.it
1.9,
5U.7
.8
50.3
U9.
.7
.5
.5
17.3
85.1
53.9
.9
50.3
50.5
51.3
1.9.
1.0
1.1
.5
.5
.5
52.1
52.2
51.6
51.
51.
51.
.9
,957.1
i.,888.
U0.5
18.0
85. "•
55.5
81.
ie.2
59.8
86.1
55.0
569.3
277.2
215.9
11U.8
128.7
11.6
9.6
6U9.9
18.5
6,'
1..9
.1
.2
October..
November
December.
1936 to date p
iAit.8
21.0.0
1.39.0
1..5
108.3
81).
May
Jiaa p...
575.1
399.2
15.5
15.6
85.2
60.2
kgrti.
304.11
8211.9
1,277.7
222.3
278.2
299.9
316.2
661.7
770.0
Haroli
tratlTe
azpeneee 2/
let
laereaae
or daoreaae (-),
in aaaeta
120.1
1955 -JuU
Auguat.
Septenber
1956 -January.
February.
Total
loreBtaanta
2,016.1
738.5
626.5
687.0
1957 (Bet.)...
.
Benefit
pajaente
Tranafers
to rOASI
Truat Fund i/
Aaeeta, end of period
Inreet-
tSoexpeoded
enta
balance
82 1..
1,399.9
1,799.1
2,2W..O
1,37'..5
19.1.
25.1.
1,720.0
2,057.6
)86.lt
2,1.83.9
2, "Hi*.
69.1.
2,928.9
2,863.1
59.8
805.5
79.1
^
71^.3
717.9
699.9
739.3
1953
195k
Of dollan)
IXpanditurte other then InrestaeDta
Beceipt«
16.7
?2.S
150.2
91.1*
53.7
l.U
1.5
96 .U
i,€l8.3
7,836.8
781.5
15.3
•<
1.7,
50,
50.
Source:
See Table 1.
1/ Includes the Coremmcnt'o contribution for creditable military service
under the act of April 8, 191.2 (56 Stat. 201.). Beginning 1952, appropriations of rncclpta are t^qual to the amount of taxes deposited In the
Treasury (less refunds) under the Pallroad Petlrement Tax Act, and
transfers are made currently subject to later adjustoents (see Budget
Becelpto and Expenditures, Table 1). For prior years, appropriations
were Included here when made, but were Included In Table 2 when the
funds were transferred froa the general fund. Beginning I951. Includes
unappropriated transfers of tax recelpta.
y
t
3,201.9 6/
1.6.6
3,606.5
5"..
3,1.92.6
3,1.1.1.1.
51.2
3,529.5
3,1.86.6
1.2.9
3,51.1.7
3, 1.81..
56.8
-31.6
35.0
5.1
3,510.1
3,1.56.2
3,1.90.9
3,1.99.3
53.9
-32.1
35.6
3.7
3,518.1
3,553.7
3,51.5.1
3,550.2
3,557.1.
.5
1.0.6
.5
98.6
3.522.0
3.562.6
3,661.2
3,661.2
3,661.2
28.6
59.1
72.5
3,532.5
3,661.2
3,11.2.8
3,31.5.3
3,1.85.9
3,1.17.8
51..
50.9
56.2
51.7
3,1.61.9
3,502.0
3,509.1
1.8.3
3,1.70.2
51.8
53.7
3.508.9
3,606.5
5I..7
3,606.5
5I..7
Paid from the trust fund beginning 1950 (63 Stat. 297).
Pursuant to the Railroad Retirement Act as amended October 30, 1951
(I.5 U.S.O. 228e).
Approprlatlona reduced by $19.8 mlllloa In November 1951 and $l8.7 million In August 1953 and these amounts transferred to surplus, pursuant
to Public Laws 759, approved September 6, 1950, and 170, approved
July 31, 1953.
As announced February 17, 1951.; aee page 1, footnote 6,
Includes adjustments to monthly statement basis.
Preliminary.
Table 9.- National Service Life Insurance Fund
(In mllllou of dollars)
expenditures other
than Investments
Pacelpta
Fiscal year
or month
Total
191.1-1.7.
Fremlma and
Tranafera froa
other raoelpta general fund
7,253.1
739.7
690.1
191.8....
191.9....
1950....
1951....
1952....
1,076.1.
683.7
786.0
,1.25.7
3,1.1.7.3
387.5
392.8
398.7
153.0
87.0
1.3.1.
1.26.1.
203.5
New reporting basis: j/
1953
636.6
1951.
619.3
1955
500.?
1956 p
61.8.9
397.7
390.8
1957 (Eat.)
1955-July
August
September.
Oc tober ....
November.
December.
1956 -January,
February.
March.
.
.
.
..
.
April...
Hsy
Jme
191.1 to
p..
dats p.
1.72.6
1.80.1
81.
.0
Intareet en
investnenta
380.1
199.2
210.3
205.0
160.3
156.2
725.5
301.9
725.5
301.9
31.8.1
31.8.1
,987.9
351..9
391.1.
1.55.5
613.6
996.3
156.1.
Uio.l
72.1
27.8
78.1
157.2
160.7
588.0
622.6
537.8
512.0
602.1
1.15.0
21..
163.0
505.9
32.5
92.9
36.1
32.3
.3
39.0
31..9
33.5
58.0
2.5
1.3.1
UI..0
35.1
33.8
33.7
33.6
32.1
31.5
l.U
1.6
1.1.7
1.0.3
38.8
35.9
38.2
36.9
W5.5
31..
37.5
35.6
35.0
196.1.
3'..'.
3, Tail.
Source: See Table 1.
1/ Ab omouncod February 17,
33.3
7,115.1
1951.;
151..
39.9
37.9
2.1
1.5
2.2
1.7
1.1.7
1.5.1
1.9.2
2.3
2.1
2.k
X59
l.,669.0
1,91.0
sea page 1, footnote 6.
Net inoreaae,
or deoreaae
Benoftts and Special
refunds
divldenda
Total
aaaeta
6,527.6
1.37.7
31.2.0
2,633.0
222.2
51.0.8
1.31..
UW..7
382.9
-1,911.5
70.1
-210.2
Inveat-
Ckiaxpended
balance
6,527.6
6,965.3
7,307.3
5,395.8
6,1.73.7
6, 931..
5,1.65.9
5,1.35.6
5,255.6
5,190.6
7,287.7
5,3l«.l
53.5
30.6
19.6
53.6
30.2
65.0
153.8
177.8
1.8.7
5,301..
-3.3
151. .9
52.6
137.0
5,301.0
5,353.7
5,31.5.6
5,1.90.6
5,Ufl.l
5,339.6
5,389.6
5,380.6
8.5
5,376.3
5,372.1
5,373.6
5,367.6
5,363.6
8.8
8.7
8.U
-1.3
-6.9
-12.3
5,370.7
5,363.8
5,351.5
5,359.6
5,3l«.6
11.1
9.2
8.8
5,336.0
5,333 .6
5,327.6
10.2
8.U
512.0
505.9
28.5
31.1
29.9
Aaaeta, and of period
(-), in
5,2U9.5
5,272.5
ju.e
28.5
8.0
9.5
96.2
10.1.
-6.1.
5,31.7.2
12.0
1.9.8
11.
.2
-8.0
5,397.0
5,389.1
29.5
29.1
28.1
12.3
10.8
-6.6
-6.1
30.0
10.2
32.0
11.6
9.8
1I..9
17.2
-I..
5,382.1.
5,35l..6
7.6
7.1.
1*5.2
1.5.2
1.3.U
1.3.1.
-7.7
-7.8
1.1.8
I1I.8
151. .6
5,1.90.6
5,1.81.1
9.5
8,233.7
8,233.7
5,'t90.6
5.1.90.6
5,1.81.1
9.5
less than $50,000,
Preliminary,
5,31.3.8
:
.
August 19%
13
.
TEUST ACCOUNT AMD OTHER TBAMSACTIONS
Table 10.- Investments of Specified Trust Accounts in Public Debt Securities,
by Issues, as of June 30, 1956
(in
mllHona of dollara)
Federal OM-Age
and Survivors
Insurance Trust
Fund
Public Issues:
Certificates of lndebt*?i1ness:
2-5/8'^ - Series D-1956
2-5/8 - Series A-195T
3U.1
Treaeuiy notes:
2-7/% - Series A-1958.
U5.5
Treasury bonds:
2-3/8it - 1958
- 1959-^2 (dated 6/l/lt5)...
?.l/li
2-lA - 1959-62 (dated ll/l5/'<5).
2-3A
S-l/2
8-i/a
1961
- 1961
- 1962-67
2-1/2
2-1/2
a-1/2
- 1961t-69
(dated k/vj/h},),.
2-1/2
2-1/2
2-1/2
- 1961>-69
- 1965-70
(dated 9/l5/lt3)
2-1/2
2-1/2
2-1/2
-
2-3/'i
3-1/11
-
3
-
.5
.9
3.3
-
l*.5
58.7
- 1963
-
-
.5
1963-68
116.5
20.8
75.3
'»56.5
1966-71
308.1
1967-72 (dated 6/1/1.5)...
- 1967-72 (dated 10/20/l|l).
- 1967-72 (dated II/I5/I15).
Investment Series B-I975-80.
1978-83
1995
Total public issues.
10.6
130.2
9.8
1,081.9
^5.1
68.2
2,57l«.8
Special Issues:
Certificates:
2-1/2^ - Series 1957
19,1466.6
Notes
35^
-
Series 1957 to I96I.
Total special Issues
Ket unamortized premlun and discount.
[Total Investments.
19
BalLroad
Retirement
Account
Unemployment
Trust Fund
Treasury Bulletin
It
.CASH INCOME AND OUIXX).
""reasury Bulletin" have been revised, beginning with the
representing cash received from the public. Federal cash
borrowing from the public Includes net borrowing by the
February I956 Iseue. to a basis consistent with receipts
from and payments to the public as derived In the 1557
Budget of the United States, Special Analysis A. Recon-
Treasury through public debt transactions and also net
borrowing by Oovemment agencies and Government-sponsored
enterprises through sales of their own securities.
ciliation to cash deposits and wlthfrawals In the account
of the Treasurer of the United States Is shown on the
It excludes changes In the public debt which do not represent direct cash borrowing from the public. The net
There Is also shown
effect of all these transactions with the public Is
reflected In changes In the balance In the Treasurer's
account and In cash held outside the Treasury.
The cash Income and out^-o date appearlnr In the
same basis as In the Budget document.
the amount of net cash borrowing from, or repayment of
borrowing to, the public. By these arrangenents data In
,
accordance with the Budget classifications are made availFigures for back years have been
able month by month.
Cash transactions through the Treasurer's account are
revised where necessary In order to make them as nearly
sli.llar In general concept to those Included In the Budget
classifications as
series, but are limited In coverage to transactions which
affect the balance In that account. On the other hand,
they Include receipts from the exercise of monetary
comparable with the 1957
available data will permit.
Budget
For this reason certain of
the figures differ somewhat from those published In
earlier Budget documents as well as In the Bulletin.
authority,
vrtiloh
are excluded from receipts from the public
In the Budget series.
The Budget series of cash transactions Is designed
to provide Information on the flow of money between the
public and the Federal Government as a whole, and therefore
Beginning with figures for the fiscal year 1953. the
series of transactions with the public Is based on the
Includes transactions not cleared through the Treasurer's
"Monthly Statement of Receipts and Expenditures of the
Receipts end payments Include transactions both
United States Government," which Is compiled from reports
in budget accounts and In trust and deposit fund accounts.
In payments on a net basis as reflected In Treasury reports.
by all collecting and disbursing officers and Includes
those transactions not cleared through the Treasurer's
account. Cash deposits and withdrawals In the Treasurer's
Hajor Intratovemmental transactions which are reported as
both expenditures and receipts are eliminated froir. both.
reported In dally Treasury statenents.
acccunt.
Operations of Oovenvnent-sponsored enterprises are Included
Noncash Items which represent accrued obligations of the
Govenwient to make
paj*fr.ents
In the future are also eliminated
from expenditures but are added later when actual payments
are made.
Receipts from the exercise of monetary authority
(mostly seigniorage on silver)
are
excluded
as
not
account, beginning with the figures for the same year, are
For those years
prior to 1953 both cash transactions series are based on a
single source, namely, the earlier basis of dally Treasury
8tate,T.ents
which reported separate classifications for
trust account transactions, etc.
budget results,
.
,
Auqust I95h
15
CASH INCOME AND OimX)
Table I.- Summary of Federal Government Cash Transactions with the Public
(In iLlUlona of dollara)
Net caoh t-ransactlone with the public
other than borrovlng
Fiscal yeai" or ccnth
19^
Federal receipts fi'cm
the public
1.5,357
1.1,576
l.0,9to
19^*9
1950
1951
1952
53,390
68,013
Hew reporting basla:
1956 p
71,627
67,836
77,067
1957 (B3t.)
75,351.
August
September
25
43
68
1,624
-1,46a
2,047
1,839
-388
76,773
71,860
70,538 r
72,593
72,920
-5,271.
-232
-2,702
2,919
2,512
1,809
1
56
73
r
29
't,l.75
-4,1.36
23
-2,299
2,096
-551
331
-3:2
-269
595
-1,058
-378
-38
95
-50
62
6
-17
-SO
257
27
2
6,910
6,117
-831*
3,004
-130
-45U
5,819
5,200
6,218
-2,775
-59
-936
2,717
2
1
340
1
-606
11,981
5,861.
6,n6
-717
25
-3,832
1
7,11.0
5,570
5,679
3
2,316
-29
-16
-28
14,851.
6,008
6,001.
-197
-106
-4,934
4
6,581
12,150
-1,154
577
5,107
-1,360
548
287
-112
3,0W.
5,7'>1
April.
May....
June p.
1.9
I
-2,461
Nov-imber
Dcceoibcr
February
March
67, 961.
i
1.6
Treasurer's account Cash held Ovitside
Treasury, increase,
balance, increase,
or decreaoe (-)
or deci^ase (-)
2,U3U
6,11.1
5,2»
,
1.5,797
1,006
-2,207
7,593
1.3, l".?
-7,270
-2,513
I*, 229
-5,796
-505
8,861.
monetary
authority
Change In cash balances
-2,1.1:9
October
1956-J9nuajry
TicOTaenta {-)
tjuals:
5,562
3,113
6,076
1955-Juli'
36,1.93
1.0,570
Exceae of
receipts, or
Plus: Receipts frcm
exercise of
1/
71, '•99
1953
195^
1955
Federal payment a to the
public
Plus: Net cash
borrorfing froui
the public, or
repaynupnt (-)
11,961.
7,01.4
25
-151.
1,1.62
Actual figures through 1952 are based on the old dally Treasury
Gtatoment; actual figures on the nev reporting basis are tKsei. on
the "Monthly Statenient of Recelpte end Erpendltures of the United States
Govemmont" eni the nsv dally Tressury statement; eotlmatee are based on
Sovirce:
1/
p
1
1
2
3
2
-195
-574
-1,293
1,504
13
-73
the 1957 Budget documont, released January 16, 195^, in^ludlcg effoc
of prcpoaed legislation.
Ae announced February 17, 1954; see page 1, footnote 6.
Preliminary.
r
Revised.
Table 2.- Summary of Cash Transactions through the Account of the Treasurer
of the United States
.
,
Treasury Bulletin
16
.
CASH INCOME AND 0OT30
.
Table 3.- Derivation of Federal Government Receipts from the Public, and Reconciliation to
Cash Deposits In the Account of the Treasurer of the United States
(In BlUloQS of dollaiv}
Lbsb:
Iteoaipts
flaoal 7«ttr
or acn^
Budget
liitraeoTeTO-
TruBt
(net)
accomt
i/
2/
BBOtal
trana actions
(So0 Table ^}
CoductlooB free reoelpta
&CC«S8
profit*
tax rvfund
bead redeoptlona
19k9
1950
1951
1952
6,515
U8,003
2,596
10
U3,''10
1,781.
u
U3,l6k
55,36t
70,198
2,197
1,930
2,116
1
37
U6
25
2,61.6
5,71".
6,669
7,796
8,807
1
1
*3
68
1,97*
2,185
73,75".
2,199
2,110
2, 061
2,735
56
73
29
23
2,090
2,758
71,*99
71,627
67,836
77,067
6J.,a25
1957 (ait.)
Souroe:
5/
*5,357
*1,576
*0,9*0
53,390
68,013
37
*5,39*
*1,622
*0,965
53,*33
68,081
1.6
25
*3
68
68,11.1
U,685
66,300
U,890
78,190
2,810
27
2,837
75,35*
27
2,765
39*
396
159
78
3,113
6,076
2
1
-121
256
•;2i
158
77
1
5,'.98
3,510
6,235
6,220
2
'.,73'.
7U5
1,502
6,11.1
1
-15*
2,99*
6,333
5,988
2,69s
505
1,1A2
8.1
3,197
5,80*
5,730
151
62
**7
2
153
63
1
1.1.8
3,0**
5,7*1
5,282
2
1
-176
192
69
2,869
5,93*
5,353
371
1,009
757
5,055
90
1
92
62
86
2
61.
*,96*
7,1*0
1
2
-236
7,201.
12,070
3
89
U,98l
3
368
*,729
7,089
12,351
871
1,605
l,6l6
I.
100
*,85*
6,581
12,150
1.
-1.90
6,65*
13,192
3
2
295
••.
,
,655
1..662
'',889
,
l.,681.
6,195
U,313
i.,oas
,
p
-210
11*
-107 r
73,811
69,926
79,925
.,
195f-Januajy
Februax7
March
J\M\e
1,83*
2,221.
5,050
11,576
'.,953
See Table 1,
96
70
1,01.0
1
2,255
2,1^
3
73
2
1,01.2
56
73
29
23
1
1
-11
-53
Footnotes follcw Table 7.
(In millions of dollare)
Erpenlltures
Trust
FlBoel year
or month
19*8
19*9
1950
1951
end
Budget deposit
fUKl
1/
account
2/
33,069
39,507
39,617
W.,058
65,koe
19^
Hev reporting baslst
3,B*
3,65*
5,317
-119
6/
7* ,27*
5,288
8,5*6
9,389
1957 (Bst.)
7,20*1/
65,865
10,200
1955-July
August...
Septenber.
5,382
6,225
5,3*0
727
688
October...
5,355
5,172
5,651
900
668
663
5,27*
*,950
5,399
90*
870
761
5,387
5,*67
6,783
1,006
Fobruftiy ..
March
April..
May....
Jvxie p.
(not) 3/
I
67,772
6*, 570
66,386
1956-jKiusry...
eponsared
enterprise
222
-3*1
-83
291
-366
3,652
6,961.
1953
195*
1955
1956 p
Deceaber..
Coremaent-
752
669
7%
71,3*5
71,815
67,758 I
77,079
75,380
Table 4.- Derivation of Federal Government Payments to the Public, and Reconciliation to
Cash Withdrawals from the Account of the Treasurer of the United States
Hcnrenber.
Bluals:
Cash
deposits
In the
Treasurer's
account
8,9?9
9,155
9,536
1955-JuU
April
May
V
MJustzient for
net difference
d\» to reporting aethod
(See Table l<)
60,390
61.
October
onaiber
Deceaber
FluB : Fecelpts
trcm exerclee
of monetary
authority
6/
1953
195*
1955
1956 t
]f
frcsn the
public
36, '•95
1.7,568
August
Septonber
Total daductloQB
autborlt7
ui.ues
37,696
61,391
Wev reportlnfl basis
BLonetar?
Federal
receipts
RecOQclllatloD to caah transactions In 1^aaurer*e account
y
2/
19M
Rooelpta
fron
exerolse of
BiuaIb:
*,368
6,879
12,192
Aiiciust
1956
17
CASH INCOME AND OUTGO.
Table 5.
Intragovemmental Transactions Excluded from Both Receipts and Payments
(In millions of dollare)
.
Treasury Bullc
IS
CASH IWCOME AND OUTGO
Table 7.- Derivation of Ferieral riovemment Net Cash Debt Transactions with the Public,
and Reconciliation to Net Cash Debt Transactions throuRh the Account of the
Treasurer of the United States
(Net borrowing* or repeynent of borrcwlne (-): In mllltona of dollars)
Change in public debt and agency obli^tiona beld by the public
Public debt
Increaae, or
deczvase (-)
TlscAl year
or siontb
Flue: Ket sale of obligations
of Govemaent enterprises In
the oarket
Public and
truet enterprise fuida
-5,99^
-16
19''9
1(78
A6
1950
1951
1952
".,587
19"i8
-2,135
3,883
Wew reporting basis!
1953
I95U
1955
1956 p
^
,
,
1957 (Kst.)
1955-July
Augus
September
'.
October
Norenbcr
Deccaber
1956-Januar3'
6,966
5,189
3,115
-1,623
-500
3,210
725
-833
2,3'H
319
632
-720
60
February
March
-3,761.
April
Hay
Jwie p
-3,978
-556
9'tl
GcreriDent'
sponsored
enterprises
LsBs: Ret inres^Bent In Federal
securities by Coremaent agencies
Trust funds
Public
enterprise
funds
GoTemnenteponaored
enterprises
^uals:
Increase in
securities
held by the
public, or
decrease {-)
.
.
August 19 Jb
19
.
CASH INCOME AHD OUTGO
.
Footnotes to Table 3
For further detail, oee "Budget Receipts and Erpendlturea," Table 1,
For further detail, see "Truat Accouat and Other Traneactlona," Table 2.
Treated ae ncmcasb refund deductlone from recelpte when leauod and ae
cash refund dedmstlons when redeemed,
Ccnalate of aelgniorage on silver and Increment resulting frcan reduction
In the weight of the gold dollar; excluded frctn receipts from the public
but included In caah deposits In the Treasurer's
account
Total Includes $8 million of armed forces leave
bonds redeemed for Insurance premluae; after August 31, 19^7, these bonds
were redeemable
for caah (see Tables 6 and 7).
As announced February 17, 1951*; see page
1, footnote 6.
Less than $500,000.
Preliminary,
^
6/
•
Footnotes to Table 4
1/
2/
3/
further detail, see "Budget Recelpte aM Expeniltures " Table 2.
For finrther detail, see "Trust Account and Other Transactions," Tables 3
U, and 5»
Includes net change in balancee In Government-eponaored
enterprise deposit fund accounts with the Treasurer of the United States,
Net operating expendlturee, or receipts {-), as measured by funds provided
by or applied to not secxn^ty transactions reflectod in Treasury reports
(see Table 7). To a lorco extent, thecs GovRrnment-spanaored entorprlaec
secure funds for tlielr operations by direct borrowing fron the public or
by cashing Federal securities which they hold, end they apply the
not Inccme received frcm operations to repayment of borrowing frcm tlie
public or to Investnent In Federal aecvtrltlea. On that basis, not exForr
,
y
^
Jiendlturee for operations are shewn In this table In tenns of the
cCBiblned net of dlslnvestanont in Federal securities and sale of agency
obligations in the market, and net receipts frcm operations are shown
In teims of the ccmblned net of Inveatanent In Federal securities and
redemption of agency obligations In the market,
6/
2/
Not reported prior to I95U.
Ccnelsts of only those market transactions not cleared through the
Treasurer's account,
As announced Februaiy 17, 195^; see page 1, footnote 6.
See Table 7, footnote 2.
Preliminary.
r Revised.
p
Footnotes to Table 5
1/
2/
^
kj
Federal Inteniiedlate credit bank franchise tax and, beginning 1953,
also reimbursement by Panama Canal Ccanpany for expenses and services.
Includes reimbursement by Federal Old-Age and Survivors Insurance Trust
Fund for administrative expenses and, beginning fiscal year 1953, alao
for refunds of taxes (treated as an offset to refunds rather than being
credited to receipts); reimbursement by the District of Columbia; and
through 19'*9, proceeds of ship sales which had been carried In trust
accounts pending allocation to budget receipts frcra sale of surplus
property
Consists of payment of earnings and repayment of capital stock to the
Treasury through 1952, and beginning 1955, payment of franchise tax
by banks for cooperatives.
Incluies relatively small amounts of deductions from salaries paid by
trust funds and G-overament -sponsored enterprises.
1/
6/
jj
*
Consists of united States and Government corporation shares of
contributions to oniployeea* retirement funds, and payments to the
Railroad Retirement Account (for creditable military service), the
Unemployment Trust F'jnd, veterans' life Insurance funds, trust fund
for technical eerrices and other assistance under the agricultural
conservation program, and District of Columbia.
Includes District of Columbia share of contributions to the Civil
Service retirement fund, payments by Railroad Retirement Board to
Federal Old-Age and Survivors Insurance I'rust Fund, transfers from
Civil Service retirement fund to Foreign Service retirement fund,
and transfers frcm Railroad unemployment Insurance Administration
Fund to Uhemployment Trust Fund,
As announced February 17, 195'*-; see page 1, footnote 6,
Prellminaiy.
Less than $500,000,
p
Footnotes to Table 6
i/
2/
i/
Accrued discount on savings banda 9nd bills leas interest paid on savings bonds and bills redeemed.
Public debt Interest accrued and ui^ald beginning June 30, 1955, effectlve date of the change In accounting and reporting fTan a due and
payable basis to an accrual basis; for 195*^, conslete only of public
debt Interest checks and coupons outstanding; net increase. or docrease (-). Not reported as a separate clearing account prior to 195^;
inte::^st reported >rtien paid by Treasurer prior to November 191+9 •
Treated as noncash expenditures at the time of Issuance of the securlties arai as cash expenditures at the time of their redemption; net
Issuance, or redemption (-).
held by
Iss'.ied In I936 In exchange for adjusted service certificates
veterans of World War I, The bonds matured in 191*5.
Issued in 19U7 In payment for accumulated leave. Figure for 19*^8
excludes $8 million redeemed for insurance premiums prior to August 3I,
I9U7, which was Incliaied in tn»t account receipts (see Table 3,
6/
jJ
8/
2/
*
footnote 5); after that date they were redeemable for cash. The last
of these bonds matured In 1951'
Part of the United States sijbecriptlon to the capital of the International Bank for Reconstruction and Developnent and to the International Monetary Fund was paid in tho fonn of nonlnterest-bearlng,
nonnegotlable notes payable on demand (see I9U7 Annual Report of the
Secretary of the Treaeurj-, pagee ^, 350, and 3S5). The last of the
notes issued to the BAnV was redeemed in 1950.
By wholly owned Government enterprises; beginning 1951, euch net Investanents are reported separately and are not Included In expendlturee
(see "Trust Account and Other Transactions," Table ^)
Checks outstanding leas deposits In transit, and telegraphic reports
frcm Federal Reserve Banks; increase, or decrease (-). For public
debt Interest included prior to 1951+, see footnote 2,^
As announced Februaiy 17, 195^» see page 1, footnote 6.
Pro 11 ml nary.
Less than $500,000.
p
Footnotes to Table 7
1/
2/
i/
As announced Petruary 17, \9'^: see page 1, footnote 6.
with treatment to Budget
in thlB table, begtanlng 195^, In accoriance
by Govermentdocuments, net InTeatjoent In United States securities
ainount
by other enterprises
arnaU.
a
Incluiea
spcnsored enterprises
public. In Table u
regarded as representing net transactions with the
these amounts are Inunder "T^uflt Account and Other Transactions,"
cluled In truBt and deposit fund account. Inveatment.
...
,
, ^ ,
In the
Included
Accrued dlaoount on sarlnga bonds and bills, which la
oavlngs bonds and
principal of the pubUc debt, less Interest paid on
bills redeened.
kj
^
6/
7/
Treated as noncaoh transaotians at the tine of Issuance and as caah
transactlcma at tho time of redemption; net Issuance, or redemption
Kxoluiod frcm borrowing because the transactions are treated as expendlturee in Table 6,
Eicluled from borrowing because the transactions are treated as dedxKtlons frcm receipts In Table 3.
Market transactions In public debt securities and agency obligations.
r Bevlsed.
Preliminary
P
Less then $500,000.
.
Trcasuni Bullet lu
20
DEBT OOTSTANDING AND TREASURES 'S ACCOUHT
Table 1.- Summary of Federal Securities
(lo mllloiu of doUurs)
bid of
ri*cal
j«w or
Bonth
19M
PuMlo
tMd
debt
•curl-
850,063
850,168
255,209
858,858
856,863
863,91.6
71.
263,997
268,990
271,785
869,956
869,8^
278,750
3''
875,761.
875,731
277,581'
1.2
2711,995
27^,955
278,309
'•3
275,753
277,''76
U6
27''
,925
87,4879
279,866
280,189
280,822
279,618
280,136
280,769
1.8
277,38''
53
53
277,681
277,851
877,877
877,628
277,799
280, loe
280,167
280,Olt9
53
280,108
58
276,31.5
59
877,281
877,351
873,539
277,170
277,895
2T5,U)I>
275,8^5
276,791
272,825
275,789
276,789
272,751
56
6s
273,133
71.
269,[956
273,078
273,977
269,883
266,123
271, SH
266,071
271,260
81
1955
1956
27t>,l>l8
27't,37't
Ut
272, ag5
272,751
195i*-Decanbar.
278,781.
1955-JuUr
Auguat....
Sept«nb«r.
277,626
278,352
277,52''
Octobar...
NoTenb*r • •
1952
1953
195''
Decrfflb^r..
1956-JaHtiiu-y,,,
Pebruary.,
M&rcb
April.
Majr...
June..
Public
dabt
250,132
250,785
255,226
258,879
256,907
252,298
252,770
257,357
255,222
259,105
19>0
1951
Total
tlM 2/
252,3*6
252,198
257,377
255,251
259,151
19''9
Guaran-
CuAran-
Totdl/
Naturad dabt and debt baazlns do totaraat
Int«r»at-b«ftriiig debt
Total outatandln^
73
87
80
89
1.6
52
871.,
268,910
271,71.1
873,1.81
Public dabt
taad
aaourltlaa £/ a/
69
2U
17
27
10.
Total
Ifatnred
Non«tai7
Fma
it/
Otliar
J/
Guarantaad
eecurltlea 2/
(aaturad)
August I95h
Treasury Bullet
22
DEBT OUTSTANDIWtJ AND HffiASURER'S ACCOUNT
Table 5.- Treaeury HoldlnRS of Securities Issued by Government
Corporations and Other ARcncleei/
(In fi^Ulona of doUare}
i
.
August
.
,
19%
?3
DEBT OUTSTTANDING PND TREASURER
ACCOUNT
Table 6.- Status of the Account of the Treasurer of the United States
(In milllone of dollare)
Aaeetfl
Bulllcn, coin, and currency
End of fiscal
joar or aonth
191*8
IW
1950
1951
1952
5,370
3,86s
5,927
7,871
1,073
1,022
1,052
1,0I»6
191
176
7,'t8l
1,009
191*
191
219
5,096
981*
l??"*
7,21.3
U97
1955
1956
6,3&
'•93
6,71£
501
195li-Dec
5,3'H*
1*89
161
191
187
159
166
1955-JuXy
August. ..
September,
6,957
5,888
1.97
171
1»98
5,533
U99
163
1U6
5,''55
IU9
1953
Deposits In Federal Beaerre Banks
Available
funda
In process
of collection
1,9
123
103
1(38
950
338
333
250
355
U.
coUectloQB
1,773
1,771
3,268
5,680
5,106
283
309
3,071
U,636
538
570
593
U26
S.
1*38
1*,932
3, '•70
323
392
UIO
380
511*
1.81*
512
5,517
7,357
6,969
522
1.21
'*,365
l',633
1*76
166
6,51*6
563
111
3,1*61
551*
16I.
5,180
62U
393
179
511*
11.6
11*3
1*,972
1*,188
55't
501
506
135
157
6,811
5,753
5,376
31.3
1*,670
1.76
11.6
2/
6,766
6,216
191
3,638
U81i
177
3,672
3,538
3,036
1*85
11*2
5,311*
1*83
1*72
161
153
l*,5l*5
5I.0
187
3,252
2,911*
5,280
11*5
1*77
l.,697
1(91
ll»l
397
159
3,1*38
l.,950
1*92
7,231
1*90
5,876
6,U09
6,712
April.
Haj...
June.
and
BalaDce In
account of
Treaaurer of
27I1
December.
February .
March
LlaMllUea
210
Ncrvenber,,
195f'-Janutry,,,
depoBlte
132
11*1
,
Ottasr
875
380
U88
U96
October,
5,119
nk
1*28
168
159
SS"*
i*,756
5,31*5
538
512
191.
531*
331
283
191
1,1*71.
159
7,072
5oe
U97
ll»7
578
515
352
182
3,781
515
161.
162
l*,593
1.60
501
159
522
1*21
1*,633
1.76
150
166
U9l»
Source: Dftllj Trooflury etat«ment,
1/ On account of withheld taxoe and ealee of Govorrjitont aecurltlea.
Beginning December 195^, Poat Office Department and PoetanaflterB' dieburs Ing accounts are no longer treated ae liability accounto of the
2/
11*3
Deposits In
special
depositaries
1/
5,712
6,259
6,51*6
Treaeurer of the U, 3., but are claBelflod and treated In the asme
manner as other dlebxrrslng accounta, In accordance vlth the change In
method of reporting Poet Office Depertcnent tronaactlone.
Treasury Bulletin
21*
STATUrOEY DEBT LIMITATION
The Second Liberty Bond Act, ae amended (31 U.3.C.
757 b). provldee that the face amount of obllgatlone Issued
under authority of that act, and the face amount of
obligations guaranteed ae to principal and interest by
ginning on August 2S, igs"*, and ending on June 30, 1956,
by acts approved August 28, I95I*, and June 30, I955; and
by $3 billion beginning on July 1, I956, and ending on
June 30, I957, by an act approved July 9, I956. Obllgatlone
issued on a discount basis, and subject to redemption prior
the United States (except guaranteed obligations held by
the Secretary of the Treasury), shall not exceed In the
to maturity at the option of the owner, are Included In the
aggregate $275 billion outstanding at any one time,
statutory debt limitation at current redemption values,
except that this amount was Increased by $6 billion be-
Table 1.- Status under Limitation, June 30, 1956
(In
nmiloaa of dollarB)
HAZlBixD attiunt of securltlea vfalch may be outstanding at anj one tine, under llAltation ijopoeed by the act
of JvMie 26, 19k6 (31 U.S.C. 757 b), aa Inereaaed tmporarllj by the acta of August 28, ig?!*, and Juie 30, 1955
281,000
Aaowit of aecuntlee outstanding subject to such atatutory debt limitation;
U. S.
CoremBont securities Issued under the Second Liberty Bond Act, as saended
212,287
Guaranteed securities (excluding those held by the Treasury)
T**
Total oBount of securities outstanding subject to atatutory debt llAltation
8,639
Balance Issuabls inder llaltatlon
Soxore:
272,361
Bureau of the Public Debt.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding June 30, 1956
(In mllllona of dollars)
Class of aecurlly
|
Auqust
19%
25
.DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding June 30, 1956
.
.
26
Treasury Bullet i\
.DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding June 30, 1956 - (Continued)
(In nllllanfl of dollare)
Amomt of maturltlee
Aaoixit of naturltlea
Tear
and
Dsecrlption of ncvritj i/
OODtJl
Plied
mAturltj
isauee
Callable ioouee
clasaified by
year of:
Final
maturity
1962
Dk...
Filed
naturtty
iBsuea
Callable lasues
claaelfled by
year of:
Firat
call
Final
maturity
1966
2-1 An Bond
2-l/2> Bond
6/15/59-62
6/15/62-67
Z-l/Uf, Bond
12/15/59-62
5,271.
Dec..
2-1^%
Bond
12/15/63-68
2-1/2% Bond
6/15/64-69
3,752
2-1/^% Bond
12/15/64-69
3.828
3,1.63
2,115
8,737
1969
Jme.
1963
Total
Jibs..
2-3All Bond
Aug...
Z-l/Zi Bold
8/15/63
Dec...
2-1/2% Bond
12/15/63-68
6/15/58-63
7,579
.
919
6,755
2,82l(
1970
2-1/2% Bond
3/15/65-70
'.,71'.
2-1/2% Bond
3/15/66-71
2,958
JUM.
2-1/2% Bonl
6/15/67-72
1,875
Sept.
2-1/2% Bond
9/15/67-72
2,716
Dec..
2-1/2% Bend
12/15/67-72
3,796
Har.
Total
2,621i
2,U5
Total
6,755
2,821t
919
1971
I96I.
Jime..
DeacrlptloD of aocurlty i/
ai3d
month
First
caU
Juie..
Year
Har..
2-l/Slt Bond
6/15/61.-69
3,752
2-1/2% Bold
12/l5/6k-69
3,828
Total
7,579
1972
1965
Mar.
2-1/2% Bonl
3/15/65-70
2-3/>>% Bool
12/15/60-65
Total
'•,71''
Total
1,1.85
'.,71".
8,387
1,'.85
1978
1966
Har.
Jime.
2-1/2%
:
3/15/66-71
3-1/1.% Bond
6/15/78-83
3-lAl( Bend
6/15/78-83
1,606
2,958
1963
1967
June.
Jme.
2-1/2% Bonl
2-l/S% Bond
6/15/62-67
6/15/67-72
1,606
2,115
1,675
Sept..
2-1/2% Bond
9/15/67-72
2,716
Dec...
2-1/2% Bcol
12/15/67-72
3,796
1995
Total
8,387
2,115
Source: Daily Treaaury etatonent and Bureau of the Public Debt.
It abould be noted that callable leaues appear tvlce In thla colim,
once In the year of flrat call and again In the year of final maturity.
Callable laauee with respect to which a definite notice of
call has been made, however, ar« Hated aa fljced maturities, Fbr
Fab.
1/
2/
i/
3%
2/15/95
2,7'>5
date of lasue of each security, see "Market (iuotatlcos"; for tax
status, see "Treaaury Surrey of Ownerohlp."
Called en May lU, 1956, for redaoptlon on Septaaber 15, I956.
Not called for redemption on September 15, I956, Callable on tornBoatba* iwtlco en March 15, 1957, ai£ceedli« Interest payment date.
{ugust
9
1
3
.
.
3
U
5
1
i9%
27
DEBT OPERATIOKS.
Table 2.- Offerings of Treasury Bills
(Dollar enounta In millions)
Description of new Issue
Issue date
Number of
days to
maturity
Matxxrlty
date
1956 -May
iqje-Feb.
Feb.
Feb.
Yeb.
2...
9...
16...
23...
Mar.
Mar.
Mar.
Mar.
Mar.
1...
8...
15...
22...
29...
May
Jime
June
June
June
Apr.
Apr.
Apr.
Apr.
5...
12...
19...
26...
July
July
July
July
26.
May
May
May
May
3...
10...
17...
2h.,.
31...
Aug.
Aug.
Aug.
Aug.
Aug.
7...
14 . ,
VIKJ
CVCB
June
June
June
July
July
July
July
21 . .
28...
5...
12 p.
19 p.
26 p.
3.
10.
17.
May
May
May
2't.
31.
7.
lU.
21.
28.
Amount of
bids
tendered
91
91
91
91
2,3't7.2
2,1*13.3
91
91
91
91
91
2,592.7
2,156.0
2,389.1
2,^50.1
2,U2lt.U
2,762.7
2,566.0
91
91
91
91
2,178.'*
2,1*71.5
2.
9.
16.
23.
30.
91
91
91
2,U78.3
Sept. 6.
Sept. 13.
Sept. 20.
Sept. 27.
91
91
91
91
2,1*67.2
Oct.
Oct.
Oct.
Oct.
91
91
91
91
2,1*10.1
5.
12.
19.
1».
11.
19.
25.
2,339.0
2,527.0
2,W*1*.8
2,558.0
2,331.9
91
91
2, 601* .9
2,536.0
2, 681*.
2,318.1*
2,687.8
2,1*71.9
2,31*2.2
On total bids accepted
Average price
per hundred
On compet'
itlve basis
Total
amount
2.1*02
99.1*26
2.271
2.388
101*.
20,817.1
20,817.0
20,8l6.1
20,615.8
20,813.2
21*7.3
1*1*.
l.Sl"*.?
286.0
1,358.1
21*2.3
82 .U
128.1*
1,600.1
1,601.2
1,600.0
1,601.5
1,359.3
1,323.3
1,317.5
21*0.1
30.3
36.2
36.9
32.2
1,601.9
1,600.5
1,601.6
1,600.8
20,811.1*
1,599.6
1,600.6
1,600.7
1,600.0
1,600.1
l,35lt.7
1,365.1*
21*1*.
80.1
235.2
231.0
21*.
1,600.5
1,600.8
1,600.1
1,601.3
20,810.3
20,810.1
20,810.8
20,809.5
20,805.1
1,601.7
1,601.5
1,600.2
1,600.8
1,386.7
215.1
1,353.1*
21*8.1
1,311.8
1,363.1
1,600.2
1,601.1
1,352.8
1,306.5
1,279.5
1,320.5
277.9
282.5
268.2
1,333.1*
1,369.7
1,375.9
1,388.2
1,600.1*
1,599.8
221*.
211.8
31.1
30.3
81.7
118.3
288.5
237.7
61.5
39.5
33.2
90.1
1,600.1
1,600.2
1,600.6
1,600.1*
20,806.7
20,808.1
20,807.7
20,8o6.1
21*7.1*
112.6
291*. 6
71*.
320.9
3l*.8
279.1*
26.7
1,600.1
1,601.2
1,600.0
1,601.5
20,808.3
20,808.1
20,8o8.6
20.806.9
On competitive bids accepted
Price per hundred
99.1*06
99.1*29
y
99.1*03
99.393
99.1*51
99.1*00
2.173
99.1*61*
99.1*51
2.173
99.1*10
99.1*15
99.1*57
iJ
99.388
2.371*
2.1*22
Apr.
Apr.
Apr.
Apr.
5...
12...
19...
26...
99.391*
2.397
2.1*97
99.1*01
99.1*^2
8/
99.369
99.300
99.295
2.769
2.788
2/
99.320 ^^.
99.300 ±2/
was
May
3...
10...
17..,
^.307
2.71*1
2.521*
31...
99.362
99.315
99.317
99.350
7..
99.352
2.562
2.581
2.708
2.7oe
2.573
Equivalent rate 2/
99.W3
1*/
(Percent)
99.387
2.1*25
99.1*21*
2.279
2.201*
99.392
2.1*05
2.362
99.38I*
2.1*37
2.1*01
99.390
2.1*13
2.120
2. 331*
99.1*26
99.391*
2.271
2.397
2.31I*
99.386
2.11*8
99.1*1*8
2.1*29
2.181*
2.370
99.388
99.363
99.290
99.293
2.1*21
99.305
99.360
99.312
2.71*9
2.21*7
99.317 Ul
99.366
99.330 12/
99.323
99.352
2.690
2.769
2,
702
508
2, 651
2, 678
2,
2, 561*
99.311*
99.31*8
99.38U
99.355
2.1*37
2.1*17
2.1*30
2.535
5...
99.391
99.397
2.I109
99.396
2.389
2.386
2.236
2.303
99.1*10 13/
2.331*
99.389
99.396
15/
15/
2.211
2.215
99.1*32
99.1*12
2/
10/
15/
p
2.571
2.587
99.350
99.386
99.359
Source: Bureau of the Public Debt.
1/ Tenders for $200,000 or less froa any one bidder are accepted in full
at average price on accepted ccmpetitive bids,
a/ Ban]£ digcount basis,
i/ ETcept $100,000 at 99.1*61.
\J Except $100,000 at 99.925.
2/ Eicept $650,000 at 99.1*30, $800,000 at 99.1*29, $200,000 at 99.'*Ol>, and
$715,000 at 99.1*00.
6/ Eicept $300,000 at 99.1*87, $200,000 at 99.U7I*, and $1*00,000 at 99.1*69.
X/ Eicept $1,000,000 at 99.1*69, $1*75,000 at 99.1*51, $1,1*00,000 at 99.1*50,
t200,000 at 99.1*1*6, $1-00,000 et -nM"}, anl $200,000 at 99.1*31.
8/ Except $200, OOC' at 99.1*69, $300,000 at 99.1*57, $500,000 at 99.1*56,
2.532
2.722
2.71U
2.579
2.1*09
2.1*13
99.31*8
99.1*35
99.1*18
2.520
2.809
2.797
2.5U0
2.500
11*...
21...
28. .
99.1*1*1
99.1tl»0
Equivalent rate 2/
2.350
2.259
99.358
99.368
99.391
99.390
26 p.
-
Price per hundred
(Percent)
2.1*09
12 p.
19 p.
l,6oli.l*
20,812.1
20,810.5
20,811.2
High
2.1*30
July
July
July
July
20,811.7
20,812.8
20,812.6
20,813.9
1,600.1*
99.391
June
June
June
June
1,602.2
1,599.7
1,600.2
1,600.1
1,601.2
1,600.1
1,601.1
1,600.9
1,602.9
1...
8...
15...
22...
29...
21*...
139.9
65.0
28.6
97.6
218.5
219.3
Mar.
Mar.
Mar.
Mar.
Mar.
May
May
Issues
1,600.1
1,600.2
1,600.6
2...
9...
16...
23...
Maj
21*1.1*
In
exchange
Total \xaDB.tured issues
outstanding
after new
1,386.0
1,380.8
1,352.9
1,601*. 1*
1956-Feb.
Feb.
Fsb.
Feb.
99.396
99.386
226.1
230.3
206.9
1,370.5
1,393.1
1,359.9
(Percent)
99.393
On noncompetitive basis 1/
1,37"*. I*
1,600.5
1,600.8
1,600.1
1,601.3
-
Equivalent average
rate 2/
Amount
maturing on
issue date
of new
offering
Amoxint of bids accepted
99.31*6
2.552
2.389
2.21*7
2.326
$702,000 at 99.1*51, and $1*00,000 at 99.1*1*8.
Except $300,000 at 99.1*05, $100,000 at 99.380, $350,000 at 99.375,
$300,000 at 99.370, $300,000 at 99.369, and $50,000 at 99.368.
Except $1*00,000 at 99.UOO and $32,000 at 99.31*2.
Eicept $700,000 at 99.325.
Except $500,000 at 99.375, $200,000 at 99.368, $800,000 at 99.366,
$175,000 at 99.365, $560,000 at 99.362, and $50,000 at 99.360.
Except $125,000 at 99.1*85, and $150,000 at 99.1*23.
Except $50,000 at 99.1*57, and $1*00,000 at 99.1*55.
Except $250,000 at 99.1*75, and $300,000 at 99.1*69.
I^ellmlnary.
Treasury Bulletwi
26
DEBT OPERATIONS.
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Data
•ubcorlptlon
book« vara
Parlod to
Data
of
Iseua
opoii«d
Aaount of
eubecrlptlona
tandered
-
Decoriptlon of oeourlty
M>tiirll7
Amount laauad
Tot
caata
Cash 1/
fitchanga
(In Blllli
[
8A/5S
9/15/52
y
U/17/52
;
2/2/53
I
y
7/1/52
1-7/8^ Oort!fl:ate 2-3/8jt Dond
8/15/52
2$
Cartlflcato -
10/1/52
2-l/8iJ Note
10/1/52
l-l/2;S Not*
8/15/52
2)i
Cartlflcato -
2/15/53
2/15/53
2-1/l.iS
Certificate -
'•/1/53
821.
873 ll
873 i/
2/15/5I.-A
520 6/
383
6/15/78-83
30 yr
6/1/51,-B
1 yr
Certificate (tax ant. iO/)
m
li
25 yr ij
m
U188/
5,250
3/22/54-0
8,687
3/15/5I.-D
1 yr
2,788
9/l5/5l:-E
.,721.
2-7/8* Note
!i,72l.
3/15/57-A
yr
3 yr
2,997
2,997
10/1/53
l-l^Jl Note
10/l/5e-BD
5 yr
U/9/53
2-3A',S Bond
9/15/61
7 yr
10
12/15/5I.-B
1 yr
5 yr
i
8,175
10
1,71.8
9
m
9
m
1-7/ait Note
2-lM> Bond
2/15M
5/17/51.
1
12/15/58 6/
Certificate 2-l^Sl Bond
a/15/55-A
11/15/61
1 yr
7 yr
1-1/2* Dote
U/1/59-EA
5
yr
1-7/8?; Note
'/l5/50-«
1.
yr
8/2/51.
5/17/55-B
1 yr
J
I
9A3/51t
y
f
11/22/51.
f
I
3/22/55
lii
Certificate (tax ant. 2S/)
3/22/55-C
121
1-1/8;^ Certificate 2-l/8;l Bond
3/15/55-D 20/
I0A/5I.
1-5/8^ Note
5/15/57-B
2
yr
10/1/51.
1-1/2;S note
10/1/59-BO
5
yr
8/15/55-D 20/
'15/:
12/15/55-E
"'^-"8/1;
8/15/63
1 yr
1 yr
B/IS/S*.
1-1/8^. Certificate -
2/15/51.
l-lA5i Certificate 2-1/2 ;S Bcod
2/15/55
3/25/55
2/15/55
Vl/55
U/15/60
1-5/8? Note
Note
Bond
3/15/56-A
e/15/57-0
2/15/95
1-3/3'^ Certificate -
6/22/55-F
2*
3*
y
'./1/55
5/17/55
3,558 20/
3,806
7i =
7/8/55
7/18/55
7/11/55
5 yr
8/15/56-B 22/
lyr
1-7/8;; Certificate -
3?
8/1/55
2^,
7/feo/55
/17/55
lO/U/55
10/3/55
10/1/55
U/28/55
I
I
3/5/5f
y
r/i.6/i6
iour^e:
12/1/55
12/1/55
./5/56
12/1/55
"/l/S^
2>
2-1A;
(tax ant. 22/)
Bond
Certificate (tax ant.
Note
^)
Certificate (tax ant. 32/)
1-1/2? Note
2-5/8? Certificate
2-7/8? Note
-
gy
8/15/56-B 22/
8,1.72
1,921.
198
3,17".
1,720
198
22/
21./
1-1/fe* Note
I./1/61-EA
5 yr
Note
8/1/57-D
1
yr
J
1,1.86
6,81.122/
6,8Ul 22/
I
278
^
9,083
2,283 32/
7,219
2,109 32/
3U
7,219
2,109 35/
9,083
2,283
:
=
22/
2,<)l<i
11*.
6
3,171.
1,1.86
278
6
2,532
821 -AJ
n
3
2U/
2,202
5 yr
yr
1,921.
3,210
8,778
2
Bureau of the Public Debt.
AJ
7,938
3,989
6/22/56 -C
)2/l/56-D
lyr
6/15/56-A 35/ 2 yr
8,U72
3,792
3,792
loi B
lyr
4,919 20/
5,359
6,755
5,359
6,755
to yr
6/22 /56-B
2/15/57-A
6/15/58-A i2/
2-3A?
99
20/
10,620
10/1/60-BD
2-5/8? Certificate 2-7/8? Note
'.,155
".,919
3/22/56-A
2/15/95
8,190
3,55820/
3,806
99
2j m
I./I/60-EA
Note
3,a<*>
3,731.
yr
yr
i-iA:4 Note
2,897
9,250
1 yr
2?
119
2,205
2,897
3,886
(tax ant. 26/)
5/3/55
7,007
11,177
9,750
8yr
Irf)
8,175
1,71.86/
6/
7,007
11,177
1 yr
6 yr
2
2y
121
2,239
119
7V m
8/15/51.
8/15/51.
|i2/l5/5l.
2/1/55
1-1/8;; Certificate
2,788
12,51.3
5/5/51'
5/17/5U
8/
5,902
2-5/8:4 Certificate -
it/
B/3/5k
1.18
l.,858
8/15/53
12/1/53
I
1,188
.,858
9/15/53
9/15/53
2/15«3
7/2l/5k
3,111.
2-5/8;; Certificate -
/ 2/15/51.
5/
383
(
5A/51.
eel. 5,'
1 yr
5 yr
1
I
5 yr
3/15/53 -C 2/
lt/l/58-EA
7/15/53
2/l/5k
2,008 i/
10,51.2
1-1/2?; Note
7/6/53
11/18/53
y
10,51.2
620 6/
3-lA* Bond
10/28/53
a
2
3,111.
2-5/3f> Certificate -
1
l4,2li'
2,008
1 yr
U,963
U,693
lli:
1 yr
5 yr
5/1/53
y
yr
1 7T
12/15/50 6/
6/1/53
r
5
of dollars)
l.,963
:
In fTchnnga
for othar
eecurltlas
2-1/2;; Bond
5/20/53
9/2/53
6/15/58
8/15/53-C i/
12/1/53-A
10/1/57-3)
U/XJ/SJ
8/5/53
U
«:7l/53-E
1/
12,056 p
Footnotes on following page.
34
12,056 p
AllotKnt
ratio
August
19%
29
.DEBT OPERATIONS,
Footnotes to Table 3
1/
2/
i/
hj
^
6/
1/
8/
2/
J.0/
I l/
j
12/
13/
lU/
iS/
16/
VjJ
iB/
12/
20/'
Coaelets of all public caah eubecrlptlona and subacrlptlooe by
Itoltod States Government Invoatment accounte.
Nonbank eubacrlptlone were allotted in full. CoraoercieG. banks'
aubacrlptiona for emounts up to and including $100,000 for their
own acco'jnt aleo were allotted In full, Cooraercled banka' aubacrlptiona for amoiinte over $100,000 for their own acco\mt were
allotted $100,000 on each aubacrlption,
The 2^ certificatea dated August 15, 1952, were reopened with
all certificatea of the series Identical in ftll respects, as an
exchange offering for the 1-7/8^ certificates which matured
December 1, 1952. Total eichangee in the two offerings amounted
to $2,882 million.
Exchange offering available to owners of nonmarketable 2-3/U5t
Treasury Bonds, Investanent Seriea B-1975-80, dated April 1, 1951.
For further Information on the original offering aee "Treasury
BiillAtlji" for April 1951. page A-1.
Amounts ahown are as of
July 31, 1956.
Amo'jnt shown Includee exchanges by Federal Reserve System Open
Market Account amounting to $71^ million.
The 2-1/2^ bonds dated February 15, 1953, vers reopened vlth all
the bonds of the series identical in all respects, as an exchange
offering for the 2-l/8^t notes which matured December 1, 1953,
Total eichangsB In the two offerings amounted to $2,368 million.
Holders of the 1-7/8^ certificates lAlch matured February 15, 1953,
were offered a choice of exchanging the securities for either the
cne-year certificates or the flve-yeai-, ten-month bonds,
The bond offering was made available for exchange of Series F and G
savings bonds maturing from May 1 through December 31> 1953
Total allotmente on caah subscriptions were limited to approximately
$1,000 million. Nonbank eubscrlptlona in amounts up to and including
$5,000 were allotted in full. All other subacriptions were allotted
20 percent, Ccamnerclal banks' aubacriptlone were restricted to an
amount not exceeding 5 percent of their time deposits aa of
December 31, 1952. The Treasury also reserved the right to allot
limited amounts of these bonds to Government Investment accounts,
irtilch subscribed to a total amount of $ll8 million.
Also designated tax anticipation certificatea, acceptable at par plus
accrued interest to maturity in payment of income and profits taxes
due March 15, 195^.
Subscriptions for amounts up to and Including $100,000 were allotted
in full. Subscriptions for amounts over $100,000 were allotted 67
percent but in no case less than $100,000,
Holiera of the 2^ >.-nde irtilch matured September 15, 1953, were offered
a choice of exchansli^ the aecuritiea for either the one-year certificates or the three-end -one-half -year notes.
Subscriptlona for amojnta up to and including $10,000 were allotted In
Subscriptions from mutual savings banks, insurance companlea,
full.
pension and retirement funds, and State and local governments were
allotted 2k percent. All others, including connerclal banks, were
allotted 16 percent but not loss than $10,000 on any one aubacrlption.
Holdera of the 2-1/8% notea maturing December 1, 1953, were offeret*
a choice of exchanging the aecuritiea for either the twelve-and-onehall-month notes or the five-year, ten-month bonds,
Holders of the 2'\fk$ certificatea which matured Feb(n»i7 15, I95U,
and the 1-3/8% notes maturing March 15, 195^*, were offered a choice
of exchanging the secinltles on February 15, 195^, for either the
one-year certificates or the seven-year, nine-month bcnda. In addition, holders of the 2% bonds maturing Jiaie 15, 195^, and two
issues of 2-lfh$ bonds called for redemption on June 15, 1951*-, were
given an opportunity to exchange their holdings on February 15, 1951*^,
for the 2-1/2% bonds.
Subacrlptlcna for amounts up to and Including $10,000 were allotted
in full. All other aubscrlptlons were allotted 22 percent but In no
case less than $10,000.
Holdera of the 2-5/8% certificates maturing Jmo 1, 1954, were offered
a choice of exchanging the securities on May 17, I95I*, for either the
one-year certificates or the four-year, nine-month notes.
Also designated tax anticipation certificates, acceptable at par plus
accrued interest to maturity in payment of InccmK and profits tazea
di» March I5, 1955.
Subscriptions for amoimta up to and Inclixllng $50,000 were allotted
in full.
Subscriptions for amounts over $50,000 were allotted
1»0 percent but in no case less than $50,000.
The 1-1/8% certificates datod August 15, 195**, were reopened with
all the certificates of the series identical In *il respects, as an
exchange offering for the 1-7/8% notea irtilch matured December 15,
1954, the 2% bonda which matured December 15, 1954, and the 2% bonda
2i/
22/
2i/
24/
^J
26/
27/
26/
29/
30/
31/
32/
33/
24/
j^
^6/
22/
p
which were called for redemption en December 15, I95U. Total exchanges in the two offerings amounted to $8,U77 million,
HoMere of the 2-5/8% certificatea, maturing August 15, 1954, oai
the 2-5/8% certificates, maturing September 15, I95U, were offered a
choice of exchanging the securltlee aa August 15, I954, for either
the one-year certificates or the six-year, three-month bonds.
Subscriptions for amounts up to and Inclailng $50,000 were allotted
in full. Subscriptlona for amounts over $50,000 were allotted 50
percent but In no case lees than $50,000.
Holders of the 1-7/8% notes maturing December 15, I951*, the 2% boi^s
maturing December 15, 1954, and the 2% bonds called for r^lemptloi
on December 15, 1954, were offered e choice of exchanging the securities for either the 1-1/8% certificates, the l-l/4% certificates or
the 2-1/2% bonda.
The 3% bonds dated February 15, 1955, were reopened with all the
bonds of the aerlee Identical in all respects, as an additional cash
offering on July 11, 1955. The total amount Issued in the two
operations was $2,7^5 million.
Holders of the 1-5/8% certificates maturing February 15, 1955, <u^
the 1-1/2% notea maturing March 15, 1955, were offered a choice of
exchanging the securities on February 15, 1955, for either the oneyear, one-mcnth notes or the two^eeu-, sti^nonth notes. At the
same time holders of the 2-7/8% bonds of 1955-60, called for
redemption on March I5, 1955, were offered a choice of exchanging
the aecuritiea on February 15, 1955, for either the one-year, oaiemcnth notes or the forty-year bonds.
AIbo designated tax anticipation certificates, acceptable at per plus
accrued interest to maturity in payment of Inoome and profits taxes
due June 15, 1955.
The 2% no tee dated May 17, 1955, vere reopened with all the notes of
the series Identical In all respects, ae an exchange offering for the
1-1/8% certificates maturing August 15, 1955. Total exchanges in the
two offeringa amounted to $10,015 million.
Cash Bubscrlptlone for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 62 percent but in no
case less than $100,000.
AIbo designated tax antlclpatlcn certificates, acceptable at par plus
accrued interest to maturity in payment of Income and profits taxes
due March 15, 1956.
Subacripticna for $100,000 or less were allotted in fxill. Subscriptions for more than $100,000 were allotted 19 percent but In no case
less than $100,000,
Subscript ions from savings-type Inveetora totaled $749 miHion and
were allotted 65 percent. Subscriptions froai all other Investors
totaled $970 mllllan and wore allotted 30 percent. Subscriptions
for $25,000 or leaa wore allotted In full. Subscriptions for more
than $25,000 were allotted not lees than $25,000. In addition to the
amount allotted to the public, $25 million of the bonda were allotted
Savings-type inveators were given
to Government investment eccomts.
the privilege of deferring payment for the bonds, porovlded that not
less than 25 percent of the bonds allotted were paid for by July 20,
1955, not less than 60 percent by September 1, 1955, and full payment
by October 3, 1955.
Also designated tax anticipation certificates, acceptable at par plua
eocrued Interest to maturity in payment of income and profits taxes
due Juno 15, 1956.
Holders of the 1-1/8% certificates which matured August 15, 1955, were
offered a choice of exchanging the securities en August 1, 1955, for
either the ten-and-one-half^nenth certificates or the one-year, threemonth notes.
Subscriptions for $100,000 or lese were allotted In full, Subacriptions for more than $100,000 were allotted 32 percent bxit in no case
leas than $100,000,
The 2-7/8% notes dated December 1, 1955, vere reopei»d with all the
notes of the seriea identical in all reepecte, as a partial exchange
offering for the 1-5/8% notes maturing March 15, I956. Total exchanges in the two offerings amounted to $1»,392 million,
Holders of the 1-1/4% certificatea and 1-3A^ notes, both maturing
December 15, 1955, were offered a choice of exchai^ing the securities
on December 1, 1955, for either the one-year certificates or the twcand» one -half-year notes.
Holders of the 1-5/8% notes maturing March 15, 1956, were offered a
choice of exchanging the securities on March 5, 1956, for either the
eleven-and -half -month certificates or the two-and -one-half -year notea.
Holders of the l-l/2% notea maturli^ April 1, 1956, were pennitted to
exchange their aecuritiea only for the certificates,
Preliminary.
Treasury Bulletin
30
DEBT OPERATIONS.
Table 4.- Allotments by Investor Classes on Subscriptions for Marketable Issues of Treasury
Bonds, Notes, and Certificates of Indebtedness i/
(In
laaue
lllloaa of doUors)
I
31
Aiujust I95()
.DEBT OPERATIONS.
Table 5.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Treasury Bulletin
32
.DEBT OPiHATIONS.
Table 5.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness - (Continued)
Avujust
19%
33
.UNITED STATES SAVINGS BOKDS.
United States eavlnge bonds were first offered In
March I935 and began to mature in March igl^S- Series A-D
were sold between March 1935 and the end of April iglH,
and Series
E,
F,
and S were first offered in May 1941.
When Series E began to mature on May 1, 1951, owners of
To redeem
the matured bonds were offered three options:
the bonds In cash in accordance with the original terms;
to retain them with an extended maturity of 10 years at
specified rates of interest accrual; or to exchange them
for Series a bonds. A number of changes became effective
May
1,
1952.
The principal ones were:
The rate of
interest accrual on Series E was increased, especially for
the near term, with corresponding changes in extended
May 1, 195?. For the exchange offering made to holders
of these bonds maturing through December 3I, I953, see
the May 1953 Issue, page A-1.
The Treasury Invited
holders of Series F and 5 which began to mature in January
195*^ to
reinvest the proceeds in other series of savings
bonds.
In the tables which follow, Series A-F and J sales
are included at issue price and total redemptions and
amounts outstanding at current redemption values.
Series a,
and K are included at face value throughout.
Matured
H,
bonds which have been redeemed are included in redemptions,
Matured F and
bonds outstanding are Included in the
were replaced by two new
interest-bearing debt until all bonds of the annual series
Series J and K, also at higher interest rates.
H, similar In interest
have matured, when they are transferred to matured debt
Series E; and Series F and
issues.
details of these changes see "Treasury Bulletin" for
May 1952, page A-1. Series F and
began to mature on
A new current-income bond, Series
return to Series
E,
was offered beginning June 1.
upon which interest has ceased,
For
Table 1.- Sales and Redemptions by Series, Cumulative through June 30, 1056
(DDllar amounts In milllona)
,,
Treasury Bulk'
3"*
.UNITED STATES SAVIUCS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
(In BllUana of dollars)
Fsnod
aal»e
Aconwd
dlaoovnt
Beda^tlooa
Sale* plna
aoomed
^
Salea
prlea kj 5/
Serlea X and E ooablnad
dleoount
Total
Aaount outetandlAg
Accraad
dlaoomt
^
Intareat-bearlng
debt
Matured debt
Flaoal jeara:
W6
19kl-19W
19*9
1950
1951
19)2
1953
20,822
3,530
3,521
*,295
*,008
*,038
*,3*5
*,5**
*,730
20,*88
3,368
3,326
3,987
3,583
3,538
3,791
3,909
*,072
636
658
36,0*8
37,*a2
39,285
*0,329
6,015
6,uai
22,6*9
3,**8
3,912
*,036
*,098
*,157
*,***
*,65e
22,235
3,27*
3,667
3,688
3,622
3,625
3,909
3,9*9
*1*
17*
2*5
3*8
*76
531
535
702
32,188
33,766
3*,*93
3*, 727
35,32*
36,663
38,233
*0,063
5*8
520
*96
UOE
399
393
352
3*3
339
50
39,*32
39,553
39,656
358
356
383
*50
368
*00
305
310
331
*8
395
303
3*3
65
57
*0,296
*0,*88
*0,637
3*5
355
351
57
57
5*
*0,729
*0,822
*0,929
18
19,105
21,205
22,1*7
23,066
22,780
21,837
20,579
19,080
16,568
55
219
312
20,613
21,501
23,089
22,859
22 ,616
21,0*7
19,*39
17,861
1*3
619
571
2,021
3,993
3,212
3,296
895
1,035
li,06l
1,120
1,126
1,123
6,3W
l,lll>
6,37l>
5k, 838
5.368
2,38*
ai8
971
1,080
1,120
1,128
1,126
1,113
195*6/
J955 6/
1956
52,Wt7
5,032
50,
l»,278
5,225
5,260
753
1,IU
'»,887
•,307
'>,W7
5,lBl
5,779
33*
162
195
307
*25
500
55*
31,625
33,127
3*,*9*
3*, 506
3* ,905
Calendar jeara:
19*1-19116
52,">5*
"1,208
19*9
1950
1951
1952
1953
195*
1955
3,668
3,190
3,575
",368
li,889
5,025
"•,639
U,270
I>,691>
5,''96
Wontha:
1955-J>Uj
1*39
110
Augnflt.,.,
"•39
81
Sept4nber,
Ul^
82
October,,.
RoTenber,
Decenber,.
uou
395
125
78
89
115
U83
k8k
572
111
68*
560
5*9
,
,
1956^anuftry , ,
rebniAX7 .
Harch
l>76
81>
U65
8I>
Airll
May
KVt
1,18
81
86
Jmw
398
5*0
kgk
505
512
*oe
1112
U05
56
53
53
52
55
39,780
39,906
*0,063
Serlea r, S, J, and E ccablnad
flacal yeara;
19*1-19*8
19*9
1950
1951
1958
1953
195* 6/
1955 6/
1956
Calendar yeara:
19*1-19*8..
19*9
1950
1951
1952
1953
195*
1955
21,*63
2,863
1,680
1,871
629
501
8IH
1,2*9
586
. . .
,
23,367
l,6e6
2,*06
770
586
*32
l,28li
,
907
172
73
83
90
96
108
108
108
100
207
78
87
93
100
109
110
1D3
21,63*
2,935
1,763
1,961
726
610
9*9
1,357
686
2,529
835
821
1,0*2
1,012
1,552
2,152
2,692
3,105
2,511
823
807
1,021
990
1,511
2,071
2,56*
2,9*6
23,57*
1,70*
2,*93
863
686
5*2
1,39*
1,010
2,961
815
905
2,937
803
888
1,071
908
1,909
2,*28
2,*9e
1,093
929
1,968
2,526
2,636
12
1*
21
21
*1
81
128
159
2*
12
17
22
21
59
98
138
Maotta:
1955-JuU
55
Septaaber.
*6
*8
AuBiiat,.,,
15
6
7
70
5*
55
166
161
180
136
319
200
155
15*
87
7*
57
675
290
655
257
203
188
33
15
*5
39
51
168
158
*10
158
132
392
9
6
IB
October..,
*7
Honaber.,
6
6
53
*3
DaciMher.,
*1
12
53
19S6VK>uB>3r.,,
FabruAxy.
March,,,,
72
15
6
*
6
6
12
April
Hay
Jwe
Fbotootaa at end of Table *.
68
53
39
33
39
186
1*3
*9
328
216
(Contlnaad en foUovli^ pass)
7
7
9
16
12
7
20
1B,975
18,897
18,635
18,U81
18,373
17,851
17,353
17,197
17,091
17,000
207
156
186
177
168
571
*91
*30
391
358
333
312
August 1956
35
.UNITED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
-
(Continued)
(In mllllcDo of dollara)
Accrued
dlBcount
Redeaptlooa S/ j/
Sales plus
accrued
dleoount
Sales
price
Jv/
^
Accrued
discount
^
Amount outstanding (interestbearing debt)
Series B
Fiscal years:
19^1-19118
50,1*26
2,021
k,Sj6
3,993
3,272
3,266
3,700
3,988
It, 095
753
895
1,035
1,111
1,120
1,126
1,123
,887
,307
,377
,821
.n't
90
3,8511
,219
l,llll
5,333
lt,622
52,45^
It ,208
3,668
3,190
3,393
3,906
51*, 838
22,6^9
3,Wt8
3,912
,023
2,3»t
818
971
1,080
1,120
1,128
1,126
U.isa
1,U3
5,30^
lt,572
1955-Jul?
August...
September
335
353
331
110
81
82
ltJ»5
October.,
November.
December.
321
320
355
78
89
115
399
1956 -January..
February.
March....
April
I137
111
376
372
81t
81t
It57
3li2
81
Il22
May
June .....
351
325
86
llU
"•37
lt02
"139
392
19'»9
1950
1951
1952
1953
1954
1955
1956
Calendar years:
,
19'H-19't8
19^9
1950
1951
1952
1953
I95U
1955
It
I*
,
52,Wt7
5,032
,218
5,025
It
It
20,822
3,530
3,521
I.,
295
It ,008
11,032
'',319
It, It
2o,ite8
SSlt
3,368
3,326
3,987
3,583
3,532
3,765
162
195
307
311,875
500
35,664
55I1
36,1158
3,96U
636
658
37,186
37,898
22,235
Itllt
32,188
33,766
34,493
34,727
35,143
36,036
36,778
37,510
17lt
3,667
3,688
3,622
3,609
3.871
3,870
2lt5
395
391
385
3lt5
50
56
350
350
375
296
302
53
323
52
5I18
Uiil
I160
360
388
392
387
295
331
335
31*5
55
65
57
57
57
338
5lt
,639
,270
11,036
It
5,03^
lt,lltl
5,l't9
It,li06
,098
3it,it9it
3lt,506
It25
3,27't
't,513
31,625
33,127
3lt8
It76
531
535
702
Months:
lt3U
1H3
I109
I169
Series H j/
Fiscal years:
1952
335
331
53
lt8
37,236
37,279
37,307
37,357
37,415
37,510
37,617
37,717
37,786
37,816
37,851
37,898
,
Treasury Bulletin
36
UTJITKD STATES SAVINGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(In llllaaa of dollar*)
atured boDda
Natnred boada
Period 8/
Total
Senee
Btured i/
A-D
For
caab
Total
In exchange
for Serlee C
and K
Serlee
F and C
Salee
price k/
Accrued
discount
5,320
k,317
3,860
3,768
3,310
3,583
k,996
k,0k6
3,622
3,577
3,lk2
3,k39
32k
271
238
191
168
k,853
k,879
k,059
3,831
3,8lk
3,071
k,583
k,571
3,806
3,613
3,655
2,90k
270
308
253
217
159
167
33k
32k
256
kOS
12
13
Total
unnatured
it/ 5/
W»e«l j9Tm:
1951
1952
1953
195*
1955
1956
6,137
5,109
5,621
6,515
7,251
7,8k6
817
792
1,761
2,7'i7
3,9lH
'',263
779
90
31
18
Ik
11
38
7oe
1,128
l,ke7
i,ee6
1,917
37
69k
1,126
l,k86
1,825
1,917
25k
968
1,328
1,500
2,0k7
2k9
962
1,326
l,k99
2,0k7
6oe 2/
l,2kl 2/
2,101
2,335
Ikk
Calandor years:
5,8W
1950
1951
195B
1953
195k
1955
6,965
7,301
987
772
1,015
2,318
3,171
U,230
589
25l»
51.3
722
27k
307
150
166
153
150
IS5
153
57U
526
5^5
380
288
265
15k
IkO
153
153
Iko
153
10k
108
153
226
lk7
110
1,126
660
526
611
165
196
165
k9
393
165
196
165
kH
601.
227
211
571
571
815
307
275
381
165
160
132
165
160
ise
Ikl
115
229
261.
5,651
5,07k
6,l'i9
9ff7
518
k7
2k
lU
13
967 2/
1,657
2,169
MobUm:
1955-Juaj
Auguat...,
Sept«Bber,
,
October. .
nuf uuiber*
•
Decfiober.,
195£-JaauBr7..,
Februazy..
Harch
April
Haj
J\aie
Souroel Dallj TreaauX7 stateaent.
Detalla b7 series on a cxKulatlTe basis and
periods for Serlsa A-D
coablaed vlll be fomid In the Fsbruary 1952 and prerloos Issues of tbe
"Treasury Bulletin."
2/ Includes excbangee of aatured Series K bonds for Series O bonds beginning Maj 1951 and for Series E bonde beglmli^ NaT 1952.
Includes botb aatured and issMtured bonds; see Table k.
iDclulea total value of redesptlons not yet classified between aatured
and uDBatured bonds.
A change in procedure, beginning In June 195k, for processing redeened
saTlogs bcode has r«B\ilted In a high level of redeaptloDS not yet
classified between aatured and maatursd bonds. This locreese te^>orarlly obecures the relationship between the rsdoMptlon coluvns showing sales prioe and accrued discount In Tsbls* 2 throu^ k and also
the relationship between the matured and taasatured aections of
Table k. (See also footnote k .) The subsequent distribution of this
^
^
kl5
U
19k
IBs
238
280
227
269
12
11
11
600
589
37
198
11
12
13
251
283
13
12
k22
13
296
k3U
high l«Tel or UDclAfislfled redesqitloDa ma; be large enough In any
to ahov redeBptlona of aatured bonds for a aerlea in Table k
which are greater than the total redemptlooa of that aerlea ae ahovn
Id Table 3, and to ahov a negative In the xinaatured eectlon of Table *».
Beductlona vere made In laaues and redeiq>tlons of Serlee E, H, T, G,
J, and E In Julj 19^ to cowpenaate for the erroneoua Inclusion of
reissue transaotlons in June 19^ as reported In the dalljr Treaeor?
atateaent. The aaounta Inrolved vere ae follows: $l6 Billion for
lasuea of Series E and E and $17 lalllloa for Issues of Serlee P, G, J,
and K; and $3^ million for unclassified retlre^t^ts.
Sales began Jime 1, 19^.
Comparable data are not sTallable prior to January 1950.
Includes exchanges of Series 19'*! P and G savingB bonds for Treasury
3-1 A* boiMlo of 1978-83.
Leaa than $^00,000.
onth
6/
361
268
:
Attgust
.
,
19%
37
.UNITED STATES SAVINGS BONDS.
Table 5.- Seles and Redemptions by Denominations, Series B and
H^
CoMblned
(in thousands of plec«s)
Total, all
daBcnlnatioQs
$10 2/
1,119,078
58,971
19,883
522
781,680
163,251.
123,261.
36,11.6
9,901
61*,576
39'.
335
11,1.25
11,81.1
7,777
8,550
61. ,30k
39,U00
39,150
6lt,299
1
'11,751
11,786
50,701
5* ,380
56,903
13,129
55,161.
16,371.
18,781.
»a5
$50
$100
$200 i/
$500
$1,000
$5,000
$10,000
4/y
FlBcal years:
19lil-19l>T
19Jt8
19*9
1950
1951
195S
1953
8o,*85
»5,V19
85,3'e
90,053
6/
1955 6/
las'*
1956 p
36,719
l'.,372
15,686
8,651.
7,61.9
7,559
8,211
8,610
9,315
10,090
2,111
816
916
917
786
720
79*
85*
15,1.63
13, *8*
1,571
1,569
1,1H3
1,036
2,238
2,322
1,995
1,290
9i.e
1,076
l.*6e
i.Toe
X,»*5
1,85*
989
1,2*3
i,iai
1,5T«
1,608
2,1.90
3i6,l85
879
933
865
738
1,603
1,51*
1,257
726
6I.3
i,oie
1,3*2
862
1,1.70
91/5
1,6*8
11.0
SSI.
1
16
33
36
1.8
Calendar years
l£8,oe8
371
lUl
799,913
37,659
39,572
39,050
1
1.5,661
12,11.8
7,1.30
77,271
52,808
81. ,390
56,71.3
81.,972
87,316
55,850
55,618
13,773
15,235
15,912
17,323
7,721
8,606
9,006
9,71*
6,950
lt,397
1,390
778
7,263
7,2k2
4,621
1,1.18
^7
77
78
'',565
1,519
833
73
October
Norember
December
7,01.7
'.,'.75
1,1.35
71.
6,977
lt,lrfJ9
1,1A1
7,981.
5,132
1,631.
795
T92
870
1956-January
February
March
8,50e
7,216
7,857
5,230
1,787
l.,l.T2
1,1.81
876
1,713
7,533
8,037
'•,713
1,1118,191.
20,126
WkS
61,813
1»35
19lt9
65,U8
1950
1951
62,989
68,069
1952
1953
195*
1955
191,1.1,7
Moptha;
1955^ul]r
August
Septenber.
. .
April
May p
Jime p
Inception to date
1,786,661
11,660
8,688
8,253
951
ite
126
1*,*16
2,356
2,213
1,T03
1.139
8
1,191
1,390
1,809
1,980
22
kk
56
162
163
5
U
I.
137
13*
138
1.
79
125
122
127
975
836
677
9V
78
80
179
1*9
138
228
191
168
1.
1,61.9
831.
71.
1,695
1,621
862
822
76
71.
137
131
125
3
5,11.7
l.,68l
121
121
llB
1,211,991.
286,552
199,879
9,726
27,^9
29,373
15*
3,308
1,115
1,077
1,069
1,351
2,557
1,00*
1,035
1,086
1,*72
1,291
1,106
37
1,211
1,112
1,151
1,210
1,255
3,06*
1,065
1,065
1,296
1,339
1,290
1,069
1,1*5
1,221
I.,
21,076
U,a25
126,971.
8,21.6
1*1
7,1.1.5
p.
10,6lrti
73
3
3
6
5
3
3
HedsHVUooa jj
glacal yBarp:
19*1 -*7
19*8
19*9
1950
1951
558,*70
93,*38
79,6*6
76,109
82,875
11,67*
2,052
1,369
1,017
701
*32,866
65,331
5*,809
52,101
1956....
1953....
195* 6/.
1955 6/.
1956 p..
76,*03
81,963
90,387
89,7*9
89,953
U3
51,6*9
56,73*
6e,9*i
5*,81.0
313
263
3*9
*29
61,01.9
60,015
71,680
1*,302
12,623
12,3*6
1*,13*
36,U9
265
9,387
8,*50
8,155
9,911
21.6
l2,66e
13,535
15,06*
15,650
16,3«8
8,777
8,8to
9,*80
9,91*
9,926
371
3*2
357
396
W,«95
*0,861.
378
3,81.6
13,*T0
9,086
8,065
9,061
9,079
8,991
9,038
9,858
9,8*2
273
306
kOk
1,13*
1,0*6
1,220
1,2W>
38
39
39
35
*7
50
281.
33*
1.66
1,M9
1,177
1,261
Calendar yeara!
191.1 -1.7
19118
19*9
1930
1951
1932
1953
195*
1955
Nentbs:
1955-July
Ai^uat....
Septeabar.
October...
Horember.
Dscfli^iar.
1956'Ja]njBi7
Februaz7..
April r
V
J«~ P
iBcaptloa to data
»*or
607,597
85,886
76,933
79,176
77,202
80,^20
85,582
92,3*0
88,700
12,8*9
1,3»5
Itf*
*67,5*0
59,265
32,996
53,087
51,532
55,000
59,519
63,850
39,6*0
7.766
7,8B0
7,715
6,865
6,9*7
7,665
37
*0
38
5,196
5,a6o
5,178
1,396
i,tei
i,*oe
878
856
35
36
37
l.,601.
1,21.8
1,261.
757
752
780
ki
5,305
*,*79
*,979
5,012
8,120
6,697
7,*79
7,565
7,732
1,^7
*5
5*9
375
2te
277
*,658
5,231
33
7,3*
3*
3*
32
31
1,319,013
18,609
12,261.
13,257
13,000
13,265
1*,191
15,6*3
15,867
1,370
*,99e
1,*85
1,225
1,385
1,*20
1,*5*
1,*38
35
196,518
936
"Aieee figures are estloatea, baaed on dally fmrnMOry 8tat«Beot and relarta fr<B Federal Itoaerre fianka anl Bure«u of the Public Debt.
IVote:
i/ Sales of Sarlea B boi^s began en Jnu) 1, 1932; tke deniBlnatlcMa antborlsad
»ar» »500, $1,000, $5,000, aad $10,000.
iJ Sale SBs aatkarlud In Jvbs 19IU, to Anad PorcM oiLly, aad dl
after Ikrcb 31, 19301/ aalea kaSK ta Oetakar 19*3.
attlaa af $1«,0W Hi liiillw
HiMliil aa 1^ X, VJL
t
V
tli
—
853
961
729
821
837
861
leo
356
3*7
373
1.5J1
8U
57
*2
*5
*7
*9
*9
118,958
3,598
1,191
1,115
1,192
1,225
112
105
103
9*
9*
99
129
112
1D3
101
92
95
96
ito
96
109
109
92
105
105
108
109
113
112
13,860
13,120
2/ Includes sales ani rodflnptloiM of $100,000 dencnlnatlcx. Series £ bco^
^Uota are purohaseable only by trustees of eBployeeo' sarlnga plans beSlmlne April 195*, and personal trust accoimta beginning January 1955.
6/ See footnote 6 to Tables 2 and 3
X/ lacludea sTrhai^sa of Batured Series £ beads for Series C bonds bsgllag
Mir 1951 sad for Senas X bands beelnnlng Hay 1952.
• Laaa UHn 300 pieces.
f ftallKlaary.
.
.. ,
. .,,
.. ,
Treasury Bulletin
3«
.UNITED STATES SAVIRGS BONDS.
Table 6.- Sales by States, Series B and H
1/
Combined
(iQ thouaasds of dollars at la sue price)
Inception
through
Jui0 30,
1956
Alabna..
81.8,830
Arizona.
Arkanaaa.
293,1^7
511,11.0
1956
1955
July
Aug.
Sept.
Oct.
3,797
1,387
2,755
3,578
1,462
2,524
4,007
3,967
1,659
2,484
3,876
1,313
2,171
3,915
1,572
2,292
4,125
2,142
27,247
2,978
6,013
29,524
3,279
5,657
23,815
2,972
29,960
30,098
3,599
5,393
4,705
23,100
3,060
5,205
966
912
3,730
5,828
1,113
3,1'>3
844
3,533
5,582
1,305
3,501
5,988
'•,357
4,567
969
34,705
1,'>55
2,339
Mar.
Apr.
5,377
1,7T6
3,066
3,987
1,535
2,804
3,883
1,569
2,242
32,564
3,638
6,U4
32,593
3,217
5,756
5,5'^9
30,652
2,812
6,274
24,326
3,186
5,211
1,179
6,307
5,265
1,053
5,935
6,112
1,188
3,633
9,981
1,746
3,571
6,397
1,340
3,^58
5,857
751.
3,957
1,075
5,215
1,003
54,168
5,346
1,236
4,476
954
43,665
4,008
1,009
40,299
14,371
17,103
ll»,251
13,540
12,943
7,106
'•,293
California.
Colorado.
Connecticut.
6,OOl.,1.9l.
Delavara
Dlatrlct of Coliabla,
Florida
191,795
956,159
1,020,368
Oeorgla..
Idaho
1111 nola.
957,817
230,220
6,777,9W.
1,104
42,462
3,982
956
41,508
4,427
654
36,534
37,110
3l.,936
Indiana
2,317,203
2,263,860
1,328,870
13,654
12,576
6,229
14,041
12,547
7,798
12,847
11,392
6,770
13,006
13,311
n,849
6,805
6,172
13,579
13,313
6,116
16,628
22,148
8,971
W,705
U,351
905,1.95
8J.6,T58
5,332
3,687
1,550
5,482
3,898
1,588
4,857
3,584
1,427
5,059
3,536
1,333
4,245
3,196
1,449
4,257
3,504
1,712
5,580
4,938
1,670
6,482
4,344
1,1^15
5,008
3,936
1,482
3,535
1,145
4,949
9,487
30,U3
4,987
9,587
27,889
5,099
9,186
25,527
5,018
8,820
26,425
5,035
8,896
23,961
5,437
10,400
25,262
5,659
10,174
34,068
5,410
9,402
31,068
5,180
9,831
29,180
5,036
8,391
23,004
8,161
2,314
13,281
7,685
2,179
13,386
6,689
2,189
7,943
2,186
11,975
7,371
2,036
11,726
8,416
2,157
12,878
8,701
3,598
16,329
9,299
3,325
14,819
7,881
2,282
U,748
7,065
2,136
12,772
2,173
6,284
591
2,157
7,728
668
1,806
6,872
652
2,298
9,566
641
2,093
7,079
565
2,467
6,767
3,024
9,24q
550
3,157
10,679
863
U,7ai
723
613
5*2
887
16,955
1,284
858
16,404
1,090
810
16,264
991
741
15,107
1,014
788
15,477
945
796
13,813
1,066
886
18,867
1,632
781
16,592
1,125
819
15,788
997
773
15,388
942
.
Iowa.
6^,999
.
l,3'.l,37l<
.
Kanaaa.
Kentucl^.
Louisiana
Maine....
331,601
Mat7land
Haaaachueetta
Michigan
1,031,063
2,1.76,31.9
l.,563,l'52
Minnesota. .
HlsBlaalppl,
1,705,621
Nleaoun
2,273,783
.
521,1.68
. .
Montana..
Nehraaka.
Herada, .
1.27,809
1,239,930
97,099
Hev Baaipshlre.
Now Jersey . .
Hew Mexico....
204,1.1.6
3,120,1.60
.
191., 901
3,09l>
5,668
"•,185
3,1''3
7,018
14,863
10,506
ll^,805
2,553
'',783
2,371
9,982
New York
North Carolina,
North Dakota...
9,751,371
41,879
3,924
1,894
37,429
4,024
1,745
37,577
3,287
1,773
37,955
4,445
2,598
38,195
4,131
2,561
'•1,156
5't,102
985,01.5
l'30,970
4,387
2,496
5,35U
2,770
40,480
5,004
2,553
37,937
4,330
2,023
38,540
3,932
2,027
Ohio
Oklabooa.
5,188,527
1,023,251
871,979
26,777
4,781
3,834
32,214
5,588
3,966
23,750
5,077
3,185
29,166
5,031
3,311
30,206
5,465
2,728
32,874
6,653
3,503
28,745
5,816
33,851
6,932
3,9'^3
'•,617
29,777
5,685
3,587
31,765
4,962
3,072
Pennaylranla.
Rhode Island...
South Carolina.
6,670,279
35,291.
34,491
'•3,377
1,870
1,970
1,'<73
2,506
34,946
1,379
1,494
3'>,U7
'.95,062
37,298
1,385
2,240
1,518
2,202
38,465
1,763
2,575
40,882
1,422
2,325
37,068
1,596
2,419
35,552
1,256
2,372
South Dakota.
Tennessee.
Texas
508,013
919,886
3,053,675
2,756
2,607
4,212
16,196
2,828
2,716
3,515
13,841
2,572
4,084
17,417
3,193
5,151
17,814
3,502
6,008
18,388
6,361
•,323
15,937
Utah
Veraont,.
TllBlnla.
1,375,31.1
1,259
481
6,530
1,422
521
7,239
1,331
503
7,280
1,454
531
7,784
5,786
8,396
14,646
834
8,082
5,183
11,179
1,055
Oregon..
,
.
.
1.06,6011
329,256
115,577
Washington
West Virginia..
1,1.63,981
Wlscouln
WjMing
Canal Zone
Bawall
Puerto Rico
Tlrgln IsLama
Other possessions....
l.,051
806,091
1,925,383
170,163
5,886
4,673
12,550
814
51,1.11.
362,903
50,538
2,397
1,472
2,563
3,533
U,454
1,091
393
5,753
1,380
395
7,258
1,525
1,6U
1<33
5,980
414
6,822
7,561
4,227
10,796
10,571
922
5,742
5,035
5,159
4,062
n,097
849
740
753
4,688
4,609
10,566
623
215
267
1,103
1,314
251
231
306
8l£
150
128
1,760
171
1,222
123
112
1,040
279
205
1,220
152
9
5
135
1,015
203
10
14
6
15
13
4
6,542
-8,642
•64,29?
-3,399
404,302
394,881
'«5,3a5
572,490
476,047
3l.,1.68
1,832,540
19,012
1''.907
30,058
Total
81., 1.63
,448
438,606
39,384
413,984
ttjlly
12,833
U,825
Adjustment to dally
Treasury stateaant.
Source:
4,542
13,975
1,766
Treaain7 atat^ent and rrporta
mm
Fsdsral Iteaerre Banka
6,298
5,4u
311.
Ma;
Auqust 1956
39
.TREASURY 3AVmG3 NOTES.
Treasury tax and savlnge notes have been Issued as
follows:
Tax Series A from August 1, 19'H| through
June 22, Vj'^y, Tax Series B from August 1, IS"*!, through
Similar Information with respect to the offering of the
earlier series was published currently In the "Treasury
and appears also In the "Annual Report of the
Secretary of the Treasury" for appropriate years.
Bulletin,"
September 12, igte; Savings Series C (originally designated
Tax aeries C ) from September ll^, 19'*2. through August 31,
\3^i,
through
May
l'^,
195I; Savings Series A from May 15, 1951.
through
May
ll^,
1953; Savings Series B from May I5, 1953, through
igW; Savings Series
D from September 1,
In the following table* sales and redemptions of
Treasury savings notes are shown at par value. Matured
notes redeemed (either for cash or for tax payment) are
these
Included in the figures on redemptions. Matured notes
outstanding are reflected In the Interest-bearing debt
Details concerning terms and
until all notes of the annual series have matured, when
conditions for purchase and redemption and Information on
Investment yields of Savings Series C appear In the
they are transferred to matured debt upon which Interest
has ceased.
September 25, 1953;
October
1,
"h""
» "ew Savings Series C from
through October 23, 1953,
notes was suspended.
"t""" 8»l6 of
October I953 Issue of the "Treasury Bulletin,"
page A-1.
Table 1.- Sales and Redemptions by Series, Cumulative through June 30, 1066
(In mllUooe of dollars)
teount outatandlne
Bedaaptla
Intereet-lwarlng
Total
de1>t
Series A (tax aeries).
U07
68 1/
339
Series B (tax series).
U,9liJt
l£8i/
".Tfil
Series C
sa.^se 1/
32,'»36
U,0I(3
21,393
Series S
12,333
K,332
9,265
3,067
Series A
9,187
9,179
li,77U
Series B
"•,671
"•.669
3,777
892
Series C
68c
678
6h,6^
61i,6t3
29,665
3't,979
Total.
Source: Office of the Treasurer of the U. S.; dally Treasury atateoneixt.
1/ Iicltdes ezchai^es In connection with the offerli^ In September 191(2
Matured
debt
123
of Tax Series A-ISUS and Series C.
Less than $500,000.
Table 2.- Sales and Redemptions by Periods, All Series Ckmoined
(In Billions of dollars)
16
.
ho
Treasury Bulletin
.OWHZRSHIP OF FEDERAL SBCUORITIES.
Table 1.- DlBtrlbutlon of Federal SecurltleB by Classes of Investors and Types of Issues
(In allllooa of dollars)
Intaraat-baarlnfi aaoorltiaa gaarantaad b7 tlie U. S. Sorainaant jt/
IntarMt-taunag Movrltle* laanad
t7 the U. S. GoToriBHit
bd
of
rimstl
T—T or
Total
rodaral
•acorltl«« ovt•taadtng
1/
^
n. S. aoTanMDt
Ijiraataant aooo«ita 2/
all
HaU
Bald hf prlTata
lirraatora X/
17
OoTomBsnt
Paaarre
Publlo
oat•Uadlllg
Public
laauaa
Special
public
leauaa
II
Total
Bitatabla
I9W
19»
252,366
252,796
257,377
255,251
2?9,151
250,063
250,762
255,209
252,832
256,863
35,761
38,268
37,830
*0,958
266,123
271,3*1
1.7,560
H,335
Publlo
noQ.
arkatable
laauea
ia
19*9
1950
1951
195B
U. S.
Fadenl
Total
5,550
5,512
5,*7*
6,305
6,596
30,211
32,776
32,356
3*,653
37,739
21,366
19,3*3
18,331
22,982
22,906
192,936
193,131
199,0*8
188,911
189,623
133,567
130, *17
131,629
7,021
7,111
W,538
2ii,7*6
191,6*0
U9,129
*2,229
*3,25p
25,037
23,607
23,758
19*, 533
InraataBDt
Total
aoco\site
outstanding and
Fadcral
Baaerre
Banka 2/ 5/
59,369
62,71*
67,*19
77,2*9
7*,*37
69
2*
*3
51
80
*3
51
80
197,598
192,655
121,771
127,875
126,30*
72,511
72,762
69,723
66,351
3
73
25
19?k-Bao.
278,7611
275, Bl
*9,609
7,0*3
*2,566
2* ,932
201,190
129,*20
71,769
33
1959^ulj
277,626
278,352
277,5ek
27«>,955
*3,3W)
**,238
*3,891
130,7*3
131,3*7
131,893
69,*a2
69,051
67,932
2
23,760
23,83*
200,225
200,398
199,8*5
*1
*3
27*,8T9
7,299
7,31*
7,309
2*, 091
275,7U
50,639
51,552
51,200
2
5
279,866
260,189
280,822
277,277
277,688
277,799
51,0*2
51,607
51,723
7,386
7,59*
7,798
*3,657
**,013
*3,926
2*,ae*
2* ,256
2*, 785
20e,21D
201,765
201,291
13*,696
13* ,2 71
13* ,230
67,51*
67,*93
67,061
*7
28o,ioe
280,167
277,170
277,295
273,*8l
273,076
273,977
51,65*
51,79*
51,868
51,5**
52,520
53,*70
8,069
8,106
8,153
8,155
8,181
8,356
*3,5*
23,*66
23,*82
23,636
23,3*5
23, *7*
23,758
202,050
2ae,oi8
197,957
198,189
197,963
192,655
135,365
135,321
131,261
66,68*
66,697
66,697
66,616
66,58*
66.351
51
56
57
Oct.
or.
Bsc.
1956-Jaii.
Pab.
276,1*1.
275,8li5
276,791
272,825
269,8%
*3,688
*3,736
*3,389
**,339
*5,lll.
—
i/
2/
Dally ft-aaa uiy atatasMBt for total
imla outataadljog;
ft'oa affanclaa and treat ftnda for aaoiB^tlas taald by U. S. rnieiiiiiil
lareateant ooo\Kita; and l e yKU ta frcB Itadaral Baaarra STStea tor
aacurltiaa held bj Pedaral >as ai l u Banks,
Saolvilas oortaln oMJ^atloBs not adijsot to atatutoi? Usltatloo.
par aumta aubjaot to lliiltatlon, asa tmf !•
l&olidaa aocovita mdar tte control of certain U. 3. Go t e l an t
>*—^^*^ ovtslda the Traaaurr; axoludaa
aoMwlae idioaa lirraateanta
lidaral laod banks artar Jiaa 26, 19*7, shan tiia proprletaxy Intaraat
of tlM Itoltad Stataa In ttese banks ended.
131,573
131,399
126,30*
*7
7
11
52
52
8
13
15
1*
56
16
61
17
25
73
2,23*
2,012
2,150
2,372
2,2**
*1
*8
2,126
2,351
2,63*
2,869
33
3,020
38
*0
*2
2,630
2,599
2,598
*0
*1
**
2,5*2
2,309
2,970
38
*1
*3
2,eai
2,8a6
2,865
39
**
*8
2.712
2,753
2,869
The total ^bcnnt of Intereat-bearit^ eecurltlaa held b7 prlTata In*
Tastotra la calculated by deducting frcB the total asouxt outstanding
the taaovDt hell by U. S. GorensMnt Inraalswnt accounta and PMsral
Paeei f e BisikB
bDludes guaranteed securltlaa bald by the
T^rsMiiiry.
All public aaikBtable laauea.
m
m
11
1
27
27">,*lfl
debt
aid
debt
baarlog
abla
iasuaa 6/
lis
17
272,825
Publlo
DOQ-
27
kk.
19»
8,356
abla
laauaa
27
Ul,663
115,185
1956
*9,3*0
50,536
53,*70
Public
Natvad
arkat- arket-
13
16
263,9*6
268,910
271,7*1
269,863
195%
Said bj prlrata
ijXTaatora i/
Eeld br
CoMiata of CosKidlty Credit Corporation
dsnazid
obli^tiuia etatad as
of the close of the pavrloije month.
Laae then $500,000.
Table 2.- Net Market Purchases or Sales of Federal Securities for
Investnent Accounts Handled by the Treasury^
(In Billlona of doUara; nagatlTa flgoraa are net aales)
Feb.
19*0.
19*1.
19te.
Apr.
-9.5
-e.8
-.5
-ao.9
12.0
30.0
-5.7
-1.6
-.7
-.2
5.8
.3
•
19*3.
19**.
19*5.
-U.5
-90.3
-105.1
-*8.1
-72.9
-11.5
-5.9
-16.5
-55.6
19*6.
19*7.
19*8.
-e.i
176.9
-*.7
106.8
-9.9
-67.5
.1
July
»<ay
.*
Aug
Sept.
-.3
.9
.*
a
-*.5
.3
-e.3
-8.*
-35.2
-10.0
-3*.*
-1*5.8
20.5
-56.*
-67.8
-18.5
-17.0
-15.8
-19.0
3.3
.*
61.3
-12.1
-69.8
-359.2
1.1
-157.8
-609.1
5.*
-*1.2
-306.1
*.*
-7*.l
-338.6
-30.*
1.9
.*
-.2
-e.7
-28.1
-12.5
-*.*
-.2
1.0
-1.1
60.0
-5.0
-5.9
*.6
-12.0
-57.6
221.0
-.8
696.*
.1
*.6
5.0
2.8
-1.7
5.8
8.*
11.5
10.7
-3.6
-.1
7.0
29.0
6.2
.3
-123.0
-l*.l
-eo.3
-.2
19*9.
1950.
1951.
6.8
-6.6
36.8
-1.8
13.5
261.2
5.1
6.3
*as.7
1.5
1.1
8.*
-5*.7
-1.9
11.*
-86.*
5.1
3.5
-.1
8.2
.2
3.6
-e.o
*.7
19je.
22.1
19».
12.9
195*.
6.7
8.8
-*.0
.5
2* .6
7.0
ez.h
19.9
36.2
-e.9
2.9
35.9
2.8
1.5
20.1
-*5.5
1.*
7.9
-21.7
-17.2
3.5
38.*
-10.0
16.5
17.0
21.1
11.7
-1.1
1*.2
*1.0
1955.
1996.
23.0
77.2
-9.8
1B.9
10.7
29.9
*6.7
56.2
5.7
22.5
396.6
7k.8
20.3
U.8
-30.7
7.9
23*.6
1/
-1.3
Onalata of jxacbases or aalsa made by the Ttsaaut? of eeourltlee
Iseued or guaranteed by the U. s. Oannmat for (1) tn«t funis shloh
by law are isidsr the control of the Secretary of the Treasury or of the
biaaunr of the Ukilted Stataa, and (2) accounts unlar the oditrol of
oertain U. S. Oonnaeot asmoiae aboae lirrsstBsnts are hanlled ttaro\«h
the racllitlei of the TS-oaaurj Dapartaent.
It vlll be noted that tteae
.k
.6
trsnsactlcns differ frm those reflected In Table 1 beoauie they
exclude those OoTen»ent inreslasnt accounto fco- ahlch InyealjMnts
are not handled by the TraaauiT. Table 2 also loilulss purchases
isider Section I9 of the Second Uberty Boml Act, ss
meoded
(31 U.S.C. 73* a), and excludea the Bcohanga StablUiatlon Pmd.
Lesa than $50,000.
. ,.
..
August
..
.
6
3
,
7
1
9
3
8
U
2
1
7
9
e
9
1
7
9
8
1
7
19%
1+1
-OWIKRSHIP OF FEDERAL SECUKITIES-
Table 3.- Eatlmated Omerehlp of Federal Securities
(F«r
»at of
month
1939-Deceaber.
. .
19U0-June
December.,
19l)3-J<na
Daceaber. ...
Ijlik-Jtme
Held by prlTttta iMntwak Inrestors
cial
banks
Federal
PoBerre
Banke
IndlTlduala 5/
iDTeelSBent
accoimte kf
Sarlnga
bonds
22.7
1.9
8.2
6.3
3.1
2.2
.1.
.7
22.8
23.9
10.1
10.6
2.6
2.8
7.5
3.1
3.2
2.1
2.0
.1.
7.8
6.5
6.9
.5
.7
.7
2.2
2.3
25.0
31.0
11.2
13.6
3.6
5.U
7.6
8.2
7.1
8.2
2.0
.6
.7
3.7
It.O
.7
.9
26,0
Ul.l
2.6
6.2
8.5
9.5
10.6
12.2
3.1*
21.1.
37.7
53.0
17.8
23.7
9.1
8.7
3.9
l*.9
.9
13.1*
10.3
9.2
11.3
"».5
10.1
1.0
1.1
2.3
7.2
ll'.3
30.9
37.6
11.7
12.9
1.5
21..
K.9
13.1
15.1
5.3
16.9
67.0
81.7
19.2
11.5
6.1
l6.lt
2.1
Ik.
100.2
1.6.1
17.1
17.3
19.6
7.3
8.3
20.2
21.U
3.2
53.3
31.2
36.2
11*.
llll.O
22.7
61..
9.6
10.7
23.3
22.2
11.1
11.5
11.8
19.9
17.8
15.3
21.8
23.7
17.3
19.7
77.0
112.5
28.7
lltO.8
59.''
170.1
71.5
52.2
59.9
83.3
68.1.
1*7.3
202.6
232.1
96.5
259.1
278.7
106.0
115.0
279.8
269.9
259.5
U6.7
108.2
97.9
81>.l>
258.U
257.0
232. It
252.9
21..
27.0
128.2
136.6
.5
22.9
23.8
23.3
28.0
29.1
30.9
91.9
91.3
70.0
68.7
21.9
22.6
32.8
85.9
85.8
61..6
21.1.
35.8
62.5
23.3
37.3
252.8
257.2
82.1.
19.3
18.9
38.3
85.7
63.0
66.8
257.''
83.9
82.6
65.6
61.8
18.3
256.7
20.8
37.8
39.2
255.3
259.5
81.1.
85.I1
58.1.
Ul.O
61.6
23.0
23.8
1952-JuJK
Deceober.
259.2
267.
81..0
61.1
22.9
88.1
63.1.
1953-June
266.1
275.2
83.6
89.6
58.8
63.7
igSk-Jma
271.3
278.8
88.7
911.1
63.6
69.2
21..9
278.5
278.2
27U.1
92.6
90.6
87.8
68.7
66.9
Aprtl.
M«J...
Jime..
276.7
277.5
89.1.
65.8
88.5
87.1
61..8
27^.'»
July
AugUBt....
277.6
87.9
86.1.
Septeoibar.
277.5
85.9
63.8
62.7
62.1
21..
278.1.
October. .
NoTBnbar.
Dacembar.
279.9
280.2
280.8
86.8
85.9
86.8
6e.7
61.6
62.0
21. .0
1956-January. .
February.
March
280.1
280.2
81..
60.5
59.5
19*8-Ji»>e
Dacanber....,
19119-Juna
,
Daceabar..,.,
1950-June
Saceober.
,
.,
.
1951 -Jui»
Decomber. ,..,
Daoenbar.
1955^anu<tt7.
Fofcruaiy.
March....
April.
m>
1/
2/
Z/
V
^
p.
Inveatore
i/8/
7.1
7.6
93.8
Daceaber....
laneo'is
6.5
90.8
19l»7-J«>e
Hlacel-
2.5
2.2
2I..9
.
State azid
Corpora- local
tions 6/ govemnente jj
2.5
19.1
21.7
Dacootoer . .
ssTlnge
banke
16.1
18.8
. ,
Hutnul
15.9
21.8
Decomber.
Other
Insurttnce
cceqianloa
18.6
19.5
.2
19*6-Febniary 2/June
doUaXB)
U. S.
GoTemmBDt
77.7
Daceaber ....
19lt5-Jinw
I
- In bllllona of
18.1.
61..
Decevlwr....
^
"18.5
55.3
. ,
19li2-Jvne
nlvaa
1>7
til.
50.9
.
19lil-Jau>
Dacenber ,
Eeld
Total
PMjer&l
eecurltlea
outetand-
I4
276.1.
83.0
81.9
275.8
276.8
81.8
81.2
81.
71.
61. .2
63.5
58.3
58.1.
57.7
59.1
lt.3
3.k
k.k
6.1
7.0
1.0.7
1.2.9
18.5
21.2
21..
135.1
132.6
130.7
61..
''3.3
20.8
21.. 1.
63.3
1*3.5
1J..2
19.9
20.1
21..9
61..
133.7
131.3
66.6
65.7
1*5.5
1.6.2
21.1
21.
19.1*
130.7
129.7
65.8
65.5
1.7.1
1.7.8
18.6
17.6
23.9
22.8
21.2
132.2
132.1
66.6
66.3
1.8.8
1*9.3
17.8
17.0
20.5
20.1
13 -i .6
67.1.
66.3
1*9.9
1.9.6
17.6
16.7
19.8
18.7
11.6
10.9
18.1.
131*.
65.
16.3
15.5
17.1
16.5
9.8
20.1
20.7
9.1*
61..6
1.9.1
1*9.1
10.2
1.2.3
132.9
131.8
9.6
10.7
10.6
UI..3
130.
61..
1*9.0
133.1"
65.1
1.5.2
9.6
9.5
18.8
19.9
11.6
1*5.9
15.7
16.1
10.1.
21..
15.7
16.0
11.1
U.7
21..
1.7.6
17.1
l£.o
16.0
15.8
9.5
9.2
18.1.
21.0
12.0
12.7
12.8
1.8.3
66.3
65 .U
1*9.3
25.9
135.0
137.3
25.0
li9.3
65.0
63.5
1*9.5
15.5
13.6
15.3
13.9
15.0
9.1
8.8
16.1.
1.9.6
133.3
135.1
19.3
Ik.l.
13.7
13.9
23.9
23.6
23.6
1*9.1.
136.5
61..
138.1*
61..
U9.U
136.9
65.3
50.0
50.1
50.2
15.2
15.2
15.0
8.8
8.8
8.8
20.0
21.2
19.0
IU.5
1.9.2
23.6
23.7
23.6
1.8.9
138.3
139.6
136.7
65.1.
15.1
lit
.8
8.8
8.8
8.7
20.1
15.'*
15.0
ik.g
3l'.l.
39.1*
•19.5
50.5
50.6
51.6
51.2
139.1
Ito.U
Ite.l
llc.7
2U.8
51.0
51.6
51.7
23-5
23.5
23.6
51.7
51.8
51.9
1W..5
11*5.3
lie .6
51.6
52.5
lte.5
IU3.1
23.8
23.8
2lt.3
lUO.I.
11*2.3
Uhlted 5tat«8 aarli^s bonds, Serlea A-P oiid J, ara Included at currant
redeaaptlon valiM.
Sacurltlee laaued or guaranteed by the tJ. S. Oorermentj axcludlae
guaranteed eecurltlea held by the Treasury. For anunsits subject to
statutory debt Hmltatloii, see page 1.
Consists of ccanerclal bahtcs, trust cop^nnlea, and stock eavlnga banks
In the United States and In Territories and Island posaesalone. Fl^ucras
exclude eecurltlea held In trust departeents.
Holdings by Federal land banks are Included xinder "Hiscellaneoua Investors" Instead of "U. S. Goremiiient Inreatniant accounts" after
June 26, 19k7, when the proprietary Interest of the Obi ted States In
these banks ended.
Includes partnerships and perscnal trust accounts, noaprotlt Institu-
1.9.1*
50.0
11..
11.
.6
15.2
15.2
21*.
.6
5.3
8.3
6.5
9.1
6.7
6.5
8.9
8.6
8.1
6.3
12.1
12.0
11*.
7.3
9.6
8.k
12.0
13.6
n.5
Ik.
7.8
7.9
8.7
8.9
11.6
15.8
16.8
8.0
8.1
9.6
9.k
8.7
8.8
10.5
u.u
13.7
19.7
7.1
9.7
13.2
1I..6
13.9
13.9
11..6
Ik .2
Ik .6
Ik.
Ik.
Ik.k
Ik.U
Ik.k
Ik .9
Ik .9
Ik .9
15.0
15.0
15.1
15.3
15.k
15.6
16.0
1
65.6
65.3
50.2
50.2
50.2
65.7
65.9
66.1
50.2
50.3
50.2
15.5
15.6
15.9
lk.9
15.0
15.0
8.8
8.8
8.7
66.0
65.7
65.5
50.2
50.2
50.2
15.8
15.5
iM.9
IU.8
22.3
23.2
15.3
1''.3
8.6
e.5
8.5
23.1.
15.0
15.0
15.1
r
67.0 r
67.5 r
50.3
16.1 r
16.6 r
17.1 r
11.
IJ.9
13.6
8.5
8.5
8.5
23-7 r
23.8 r
20.5 r
15.5 r
15.7 r
15.9 r
16. k
1
16.5
1
67.
50.1.
50.1.
13.6
13.5
8.5
67.1.
17.0
17.0
20.7
21.1
15.9
16.0
16.5
16.6
66.1.
50.1.
50.1.
.2
8.1.
21.2
18.8
19.8
20.8
20.6
tions and corporate pension trust funds are Inrluled under "Mlscellaoaous Inraators."
6/ BccluslTe of banks and Inenrance ccspanles.
2/ CoQSlats of trust, sinking, and InTeetsisQt funds of State and local
guveiiuents and their agencies, and Territories and Island poeeeselons.
8/ Includee sarlngs and loan associatlcns, nonprofit institutloiw, corporate pension trust fmds, dealers and brokers, and InreslMente of
forel^ balances azid Intematlanal accounts in this country. Beginning December 19k6, Includee inreslaente by the Interna tl anal Bank for
Beccnatructlon and Derelopoant and the International Monetary Pmd in
special nonlnterest-bearlng notes laeued by the U. S. OoTenment.
2/ IknnBdlate postwar debt peak.
PrallBinary.
p
r
RsTlaed.
.
Treasury
Hz
.TKEAStlRY SUFTBT OF
The Treasury Survey of Ownership covers securities
Issued by the United States Oovernment and by Federal
agencies. The banks and Insurance companies Included In
BuUethS
OWlfHOIP, MAY 31, I956.
Distribution of ownership by types of banks and Lnsur-^
ance companies Is published each month. Holdings by comner-
clal banks distributed according to Federal Reserve member-|
the Survey account for approximately 95 percent of such
securities held by all banks and Insurance companies In
bank classes and nonmember banks are published for June 3C
the United States.
Data were first published for
March 31, l?^. In the Hay IjUl "Treasury Bulletin.'
are published querterly and first appeared In the March 195'*^
Section
I
-
and December 3I.
Holdings by corporate pension trust funds
Bulletin for quarters beginning Dacaabar Jl,
Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par T&losa - In aiUloaa of dollars)
191+9.
August 1956
.TREASURY SURVK OF OWHiHSHIP, MAY
31, 1956
Section
I - SecurltleB Issued or Guaranteed
by the United States Govern»ent
Table 3.- Interest-Bearing Public Marketable Securities by
Issues
(Bar Taluea
- In mlj.ljnna
or lollnrn)
Held by InTestors corered In TreaauiT Surrey
ISBue
1
(Tax status 8/ Is sbovn In parentheses)
'
^Treasury bills
Total
amo\mt
outstanding
(taxable)
20,805
(taxable)
(taxable)
(taxable)
(taxable)
20,759
6,710
comerclal
banks 2/ i/
525
mutual
Insurance companiee
sanngB
312
life
banks 2/
2,228
127
302
1,1.86
81.
2,970
9,083
7,219
268
725
368
7
8
28
2
1
15
1
1,1.1.6
W
581 fire,
casualty,
and marine
Certificates of Indebtedness:
2*
2-1/1*
2-5/8
2-5/8
June
June
December
February
1956 -B 10/
1956-C 10/
1956-D
1957-A
Total certificates of IndebtedJttss
I.
II.
29
6
£0
Treasury notes:
1-1/2
2-7/8
August
October
March
1956-B
1956-BO
1957-A
(taxable)
(taxable)
(taxable)
1-1/2
1-5/8
a
April
May
Ai«u«t
1957-KA
1957-B
1957-C
(taxable)
(taxable)
(taxable)
3,792
1-1/2
1-1/2
2-7/8
October
April
Juno
1957-BO
1958-EA
1958-A
(taxable)
(taxable)
(taxable)
383
231.
1
1,552
156
15
9
29
l.,392
1-1/2
1-7/8
1-1/2
October
1958-H3
1959-A
1959-BA
(taxable)
(taxable)
(taxable)
121
5,102
119
60
3,515
77
69
10
12
2
203
Apnl
October
April
October
April
1959-H)
1960-KA
I960-BO
1961 -KA
(taxable)
99
198
278
78
132
1B3
19
5
36,107
11,69".
361
55
739
l,l.*9
763
2,693
32
35
1
2
3,821
982
1.6
39
105
Zi
1-1/2
1-1/2
1-1/2
1-1/2
Febn«ry
(taxabU)
(taxable)
(taxable)
Total Treasury notes
26
12,51.7
550
2,997
531
l.,155
821.
IM)
1
»
1,132
57
92
18
1,821
l,9oe
15
104
69
13
1
I.
5
1.
5
25
25
Treasmy bonds:
1956-58
2-1/2* March
2-1/11 Sept<nber 1956-59
2-3/lt
September 1956-59
2-3/8
2-3/8
2-3/lt
March
June
June
1957-59
1958
1958-63
(taxable)
(taxable)
(partially)
(taxable)
(taxable)
(partially)
1.81
927
1.39
13
10
l.,2l.5
130
258
919
2,323
795
1,1.19
2,21.7
52
332
1958
1959-62
1959-62
(taxable)
(taxable)
(taxable)
2,368
5,275
3,1.63
1,173
HoTomber i960
December I96O-65
September 196I
3,806
2-3/11
2-3/l»
(taxable)
(partially)
(taxable)
2,805
1,302
1,398
2-1/2
2-1/2
2-1/2
RoTomber
Jine
Augvot
196I
1962-67
2-1/2
2-1/2
2-1/2
December
Jvoe
December
I963-68
I96U-69
2-1/2
2-1/2
2-1/2
March
March
J«ie
2-1/2
2-1/2
2-1/2
December
2-l/lt
2-l/li
J\»»e
2-1/8
3-1/1.
3
December
1,1.85
2,239
7,661
626
31.
31.7
U7
UO
223
29
*
•
151
t6l>
11,177
6,755
l>,560
255
257
2,825
3,752
3,828
503
673
629
928
1,023
721
1961.-69
(taxable)
(taxable)
(taxable)
1965-70
1966-71
1967-72
(taxable)
(taxnbla)
(taxable)
l>,715
351
2,958
1,875
U*
Tlk
323
92
201.
September 1967-72
Deceiver 1967-72
1978-83
Jaie
Febnary 1995
(taxable)
(taxable)
(taxable
(taxable)
2, 716
1,368
3,797
1,606
133
119
120
2,7'>5
11.7
Total Treasury bonds
2,U5
81,8*3
36
77
9
107
(taxable)
(taxable)
(taxable)
1963
30
99
3VI
6,119
116
U. S. Oore:
nt
inreatment
aocowite and
Federal Reserve
Sanka
u
!
Treasurii Bulletin
IMf
.TRKASCFT SUFVK OT
OWWHOTP, MAT
31,
1956.
by the UntterJ States GoTer«ent
fiction I - 8.c«ritl- I.«i«Hl or Guarantee!
by I—ie. - (Continued)
Securltle.
Table 3.- lnt.r..t-I»..rlng Public Marketable
of
toll***)
(far T«l^ - tP 1111"•U ^ Ijt—tor» cOT»r«d In n«a«ax7 3«"rey
o. s
lilve«te*Bt
525
6,710
(Tn lUtua 6/
r—
.
^i m
la
!
tttUftI
ilal
MTlnga
2/i/
tmks 2/
581 rire.
312
(*•!»)
C»al »»*«
CMr—t««* «iirltl »»:
1/
tur».
Total inibUe
1lliti>U
roottMtM «t
Ml
of
r
28,iae
k,a»i
k.«
159,<e5
ttH i
17
X5
(»iii*».ll/)
SMtlaa n.
TiU>l« 4.-
laterMt-Bearlnc Nbllc NoHwrketaMe Securities by I»w«a
(iWr ilm - !» Mill— of «nXl«r»)
Bald k7
Umctora
corarad In TraaaWT
Stmf
n. S. S
3B9
(Tk atatM 1/
outatAnd-
la
6,710
•rolal
581 fixe,
312
2/3/
eaaail^.
Ufa
m a ll—
<
Inaeattant
aecotmta and
Faderal Beaarra
an tad SfWa a«il^a
13/
(«««»1»)
Sanaa T j/
(taairtla)
Sarlaa G
Sanaa I
Sanaa J 1/
Sanaa I
(«M*kla)
Sarlaa
(
MM
ta
i)
(tM«kla)
(»im»la)
TotaJ. Ikltad Statoa
i
wl
—
a
taada
aacMrttl—
Dapoalta^ taoia
37,851
?,325
2
37,8*9
12
9,802
2,971
787
1,81.5
70
25
213
338
3
13
9
U,519
3T«
7a»
2,971
805
2,297
1
3
1
*9
U
37,729
1,106
^M
898
I'm
19
55,399
lai
i,]«i
2*5
2,5S5
33
100
3,3*9
205
3,6*6
2,aM
295
3.*«»
3,85c
3,«»
Tto
3,»«»
3»,29e
2,1>>6
Otfcar U. S.
IM l1 l)
307
(«HakU)
912
11,126
(
%
3«T JI/
TraaauTT tanda:
:iiT«i^
lit
Sanaa A
Inraattaat 3aa-laa >
('
Tstal otkM- u. S.
Total ^^llc ooHBTkatakla
footaotaa at
of Saetlaa
ailM^tt—
n.
1«,J*5
t47 tt/
T»,OTS
1.799 It/
1.1"
)))
:
August 1956
^5
.TEEASURY SURVEY OF OWNERSBIP, MAY 31, 1956.
Section
II
-
Interest-Bearing Securities Issued by Federal Agencies but
Not Guaranteed by the United States Government
(Par values
leaue
(Tax status 8/ is shown In parentheses)
Total
amount
outstanding
12/
-
In mlULlone of dollars)
Held by investors covered in Treasury Survey
6,710
coDlDercial
banks Zj
2/
525
mutual
eavii^s
banks 2/
Xnaurance companlea
312
life
581 fire,
casuftlty,
U. S, Gorernment
Inveetanent
accounte and
Federal Be serve
Held ty
all other
Inre store
y
and marine
Banks for cooperatives
2.35*
2.95
2
June
1956 (Debentures). ..(taiahle)
September 1956 (Debentures) .. .(taxable)
June
1957 { Debentures )li/( taxable)
30
ko
Uo
Total banks for cooperatives securities.
Federal heme loan banks:
11*
13
22
27
8
55
1*:*
1^/
1956 (Not»8)
1956 (Botes)
1956 (Notee)
(taxable)
(taxable)
(taxable)
11.5
3.20
June
July
August
3-1/8
3.15
3-1/2
3.05
September
October
November
January
1956
1956
1956
1957
(Notes)
(Notes)
(Notes)
(Botes)
(taxable)
(taxable)
(taxable)
(taxable)
150
yi
3-1/8
15
25
21
2k
10
7
3
3
121*
59
22
15
126
26
9
I6I1
36
8
89
118
913
168
te
669
taxable
775
236
Uk
1*79
(taxable)
(taxable)
taxable
215
130
130
152
3
91*
(taxable)
(taxable)
(taxable)
170
131
(Bonds)
(Bonds)
(Bands)
(Bonds)
(taxable)
(taxable)
(taxable)
(taxable)
Total Federal heme loan bank securltiee.
IW
125
3
108
108
6
12
83
1*0
Federal Intermediate credit banks:
Debentures
Federal land banks
,
:
(
16/
3
October
1955-57 (Braids)
September 1956 (Bonds)
February 1957 ( Bonds )
3.30
.May
2-3/lt
Hay
November
1957 (Bonds)
1958 (Bonds)
1958 (Bonds)
May
February
June
May
1959
i960
i960
1971
1-3/'*?-
2-7/6
2-l/U
2-1/1*
2-l/lt
2-1/2
3-1/2
{
Total Federal land bank securltiee,.,
52
31
35
10
83
18I.
57
116
10
10
2
111
59
57
71
12 1»
106
5
18
81
57
3
38
7
60
3
lU
UO
38
1,322
626
67
100
570
26
35U
21
670
380
36
''5
31
590
Federal National Mortgage Association:
3 -l/8it
2-1/2
November
January
1956 ( Debentures )
1958 (Notes)
taxable
(taxable)
. . , (
Total Federal Bational Mortgage Association
securities
yj
Includes cer1;aln o'bllgatlona not subject to statutory debt limitation.
For aao'jnt subject to limitation, see page 1.
Bccl'jdoo trust departanenta.
Includes trust ccanpanlee and, beginning with figures for Julj 19^9>
also Includes stock savings banks. Previously, those banks were
reported as a separate classification.
Includes those banks and Insurance campanles not reporting to the
Treasury Survey.
united States savings bends, Series E, F, and J, are shown at ciirrent
redemption value. They were reported at maturity value by the banks
and Insurance ccoipanles Included In the Treaexary Survey but have been
adjusted to current rederaDtlon value for use In this statement.
Holdings by reporting inveetore not available.
Excludes guaranteed securities held by the T^reaaury.
Federal securities fall Into throe broad classes with respect to the
imposition of Federal Income taxes on Income derived frora them.
"Wholly" tax-exempt securities are those with the Inccme exempt from
both normal tax and surtax. "Paa-tlally" tax-exempt securities are
15
iO/
li/
i2/
12/
l£/
52
191
3
3
21*1*
those with the Inoooe exempt fnxn the normal tax except that In case of
partially tax-exempt Treasury bonds, interest derived from $5,000 of
principal amount owned by any one holder is also exempt frcm the surtax.
"Taxable" securities are those with the IncoiM subject to normal tax anl
surtax.
Includes Federal Housing Adalnlstration debentures; see footnote 11/.
Tax anticipation series.
A small indeterminate amount of these debentures is partially taxexempt.
Includes $90 million depoeltary boi^s held by ccanercial banks not included in the T^aeury Survey,
InclixLes only publicly offerwi issues.
Central Bank for Cooperatives debentures.
The proprietary Interest of the Uhitod States In these banks ended in
July 1951.
The proprietary Intoroet of the united States in these banks sndsd in
June 191*7.
Less thsn $500,000,
Treasury Bulletin
>^
MAPKET QUOTATIOHS OH TKEASUBY SEX^URTTIES, JUHE 29,
19:?«>_
Current market quotations ehown here are over-the-
public marketable securities Issued by the United States
counter closing bid quotations In the New York market
for the last trading day of the month, as reported to
Outstanding
Oovernnient except Panama Canal bonds.
Issues which are guaranteed by the United States
the Treasury by the Federal Reserve Ban/, of New York.
Ooverranent are excluded because they are not regularly
The securities listed Include all regularly quoted
quoted in the market.
Table 1.- Treasury Bills (Taxable)
ADount
August
Treasury
hi
MARKET QUOTATIOHS
bJ
o
o
Olf
TREASURY SECURITIES, JUNE 29, 1956.
Builet i
.
August 1956
1+9
-AVERAJE YIELDS OF IiOK>-TE3W BONDS.
Table 1.- Average Yields of Treasury Bonds and Moody's Aaa Corporate Bonds by Periods
(Percent per aanim)
Moody's Aaa
corporate
bonds
Taxable
Treaaury
bonds 1/
Annual series
19l»2.
2.W
191*3.
2.1t7
19U».
2.U8
2.37
19't5.
2.83
2.73
2.72
2.62
Taxable
Treaaury
bonds i/
Period
19'^2
throi^ 1952
19116.
191*7.
191*8.
191*9.
-
Moody's Aaa
corporate
bonda
Taxable
Treasury
bonds i/
I4oody*8 P.aa
corporate
bonds
calendar year aTerages of monthly aeries
2.19
2.25
2.53
2.1*1*
2.aa
2.66
2.61
2.31
2.62
2.86
2.96
2.32
2.57
1950.
1951.
1952.
2.68
Monthly series January 1951 through March 1953 - averages of dally series
1951-Jan.
Feb..
Mar..
Apr..
May.,
June.
2.39
2.66
2.1*0
2.1*7
2.1
,66
2.p6
2.63
2.65
2..78
2..87
2..88
2..91*
July.
Aug..
Sept.
2.63
2..91*
2.57
2.56
2.86
2.81*
Taxable Treasury
bonds, due or
callable
Fran 10 to
20 years
20 yeara
and after
Moody's
Aaa
corporate
bcods
1951-Oct..
Not..
Deo..
1952 -Jan..
Feb..
Mar.,
Apr..
May..
June.
Psrlod
2.61
2.66
2.70
2.89
2.96
3.01
2.71*
2,98
2.71
2.70
2.93
2.96
2.93
2,93
2.61*
2/
2.57
2.61
Taxable Tlvaaury
bonda, due or
callable
FrcD 10 to
20 yeara
30 years
and after
1952 -July.
Aug..
Sept.
Oct..
Hot..
Deo.,
2.61
2.70
2.71
2.71
2.75
2.95
3.01
2.98
2.97
1953 -Jan..
7»b..
2.80
2.83
2.89
3.02
3.07
3.12
2.9I*
Mar..
Moody's
Aaa
corporate
bonds
Period
2.95
2.91*
2.71*
Taxable Treaaury
bonds, due or
callable
Fran 10 to
20 years
20 years
and after
Moody's
Aaa
corporate
bonds
Annual series beginning 1953 " oalandar year aTeragee of monthly series
1953.
2.92 i/
3.16
V
3.20
1951*.
2.52
2.71
2.90
1955.
2.9I1
3.06
Treasury Bullet:
50
AWRfCZ riELES OF LOIC-TEHd BONDS.
««
^
§•
o
I
5
I
I
5o
I
-
-
Si
^
I
I
I
,
August
,
19%
51
.INTERNAL RLYENUE COLLECTIONS.
Table 1.- Summary by Principal Sources
(In thouBODde of dollare)
Total
Adjueteent of oollectlons
oollectlonB
reported by
to budget
Internal
receipts 1/
BeTenue
Service
Bvidgat
reoelpte
fr<m
Internal
revenue
Fiscal year
or month
19J»7
39,379, 1*09
V)k&
1949
1950
1951
1,082,063
3,916,372
2,122,696
15,484
84,834
59,882
2,433
15,711
768
2,763,245
5,222,885
4,840,772
391,600
292,961
1,449,274
1,481,638
3,922,284
2,5:2,590
179,957
94,426
350,034
1,279,762
3,729,077
2,106,708
18,060
84,769
54,691
lijoS
424,087
459,930
8,109,440
3,303,026
5,499,210
3,234,615
2,152,316
798,117
816,643
17,300
85,058
53,870
24l,lli6
509,402
492,032
3,951,569
5,287,542
2,885,373
989,755
1,101,560
4,374,889
2,356,022
1,046,882
4,203,932
15,268
91,356
4,045
2,499
2,763,21*5
1956-Januaiy.,,
February,,
March....
l*,580,ll|6
12,307,01*4
4,580,146
6,903,381
12,307,044
April
Hay
5,355,168
6,793,435
5,355,168
6,793,435
1,597
Total
excise
Other excise
Total
2,474,782
2,255,327
2,210,607
2,219,202
2,546,608
1,237,768
1,300,280
1,321,875
1,328,464
1,380,396
3,570,846
3,854,334
4,046,364
4,050,738
4,776,395
833,147
891,284
935,122
936,267
8,971,158
9,946,116
9,532,222
9,210, 582r 5/
2,549,120
2,780,925
2,797,718
2,742,840
1,565,162
1,654,911
1,580,512
1,571,213
4,856,876
5,510,280
5,153,992
4,78l,843r
Auguat.,.
Septenber
78,6j2
77,189
66,390
796,536r
866,458r
88l,277r
231,241
245,081
25,,8eo
115,790
154,004
135,062
1,133, l63r
l8l,785r
October.
Rovtmber,
December,
67,816
87,673
89,449
822,264r
919,365r
789,115r
288,949
291,947
211,282
138,266
136,044
112,660
l,U2,48lr
JS56<'anuai7..
78,007
97,472
136,435
775,259r
846,2l4r
826,492r
179,361
212,306
246,300
139,337
128,023
136,554
1,193, 917r
U*3,967
136,590
750,0l8r
876,556
239,031
255,638
:i25,957
1952
1953
W5-July
I
Februaiy.,
March....
I
April. ...
May
Source:
,
5,880
Alcohol
7,283,376
7,409,941
7,578,846
7,598,405
8,703,599
1954
1955
1,156
31,850
Sxoise tax»a
Estate and
gift taxes
779,291
899,345
796,538
706,227
729,730
6,138
266
259,616
273,182
283,882
279,986
277,418
114,674
1,664,684
October,.,
Horember.
Deoember.
1947
1948
1949
1950
1951
620,622
628,969
605,221
600,106 5/
1,377,399
4,131,592
3,868,030
-186
-329
+515
Capital
stock
tax 6/
3,584,025
3,816,252
4,218,520
5,339,573 .J'
547,085
327,903
1,099,882
2,801,230
Tlsoal year
or month
17,929,047
21,132,275
22,077,113
21,253,625 2/
2,801,416
5,403,908
5,915,149
1955-July
Auguat...
September
6,903,381
185,876
208,506
226,226
223,135
236,952
11,345,060
11,403,942
10,736,578
10,396,480
+36l*,672
5,222,885
379,555
560,113
562,734
548,038
579,778
33,738,370
37,254,619
37,921,314
37,869,770
70,299,652
66,288,692
U,81*0,772
1,458,934
1,612,721
1,687,151
1,873,401
2,810,749
ttaemploy-
ment
Insurance
21,466,910
21,594,515
21,546,322
18,264,720
1951*
5,1*03,579
5,915,661*
9,842,282
11,533,577
10,055,502
9,888,976
13,089, T?0
Ballroad
retirement
Insurance
taxes 3/
65,009,586
69,686,535
69,934,980
66,288,692 iJ
4625,308
4i*81*,l*39
OU-age
9,501,015
9,464,204
7,996,320
7,264,332
9,907,539
65,63!*, 891*
y
Individual
iQOOiie tax
withheld i/
21,367,662
23,379,123
20,527,935
19,797,883
26,624,788
1952
1953
70,170,971*
Total
9,676,459
10,174,410
11,553,669
10,854,351
14,387,569
+J*91,'t75
4660,1(09
Individual Inocoie tax and employment taxes
Individual
Inocne tax
not withheld 2/
39,108,386
41,864,54a
40,463,125
38,957,132
50,445,686
39,Wt8,607
51,106,095
1955
I
4271,023
-11,057
-155, 8U0
ltl,853,'t85
1*0,307,285
Corporation
inccoe and
profits
taxes
Internal Revenue Service reports for detail of oollectlons by type of
tax; dally Treasury statement for budget receipts from
Internal revenue
through the fiscal year 1952, and the "Monthly Statement of Receipts and
Blpendltures of the IMlted States Government" for receipts thereafter.
Certain detail by type of tax Is available only on the basis of returns filed
with the Internal Revenue Service. The figures shown Include
collections for
credit to special accounts for certain Island possessions, as reported by the
Internal Revenue Service, Beginning with the fiscal year
1955, they Inclule
the amounts of tax collected In Puerto Pico upon articles of merchandise
of
Puerto Plcan manufacture caiill« Into the United States. Figures for
1954
have been revised to the ssme basis. Figures for previous years Include
only
amounts collected at ports of entry Into the United States.
%f Differences between the amounts of Internal revenue reported by the Internal
Revenue Service as coLlectlonB for given periods and the amounts reported In
Treasury statements as budget receipts for the same periods arose because of
differences In the time irtien payments were Inclined in the respective reports.
Tax payments are included in budget receipts when they are reported as
credits to the account of the Treasurer of the United States, Prior to July
1954, they were included in Internal Revenue Service collection reports after
the returns to which they applied had been received in internal revenue
offices, tlider procedure begun in 1950 with withheld inccoe tax and old-age
insurance taxes and later extended to railroad retirement taxes and msny
excises, these taxes are paid currently Into Treasury depositaries and the
depositary receipts, as evidence of such payment, are attached to quarterly
returns to the Internal Revenue Service, under this procedure, the payments
are Included in budget receipts In the month in which the depositary receipts
are issued to the taxpayers. Revised accounting procedures
effective
149,229
Docuunts,
etc. 2/
Msnufaoturers*
and retailers' 1/
Mlsesllaneous jj
79,978
79,466
72,828
84,648
93,107
1,939,486
2,119,157
2,220,744
2,245,182
2,840,690
1,551,381
1,655,711
1,752,792
1,720,908
1,842,598
84,995
90,319
90,000
112,049
2,624,409
3,358,797
3,127,465
3,174,977
1,947,472
2,061,164
1,936,527
1,494, 8l6r
25,136
977,064
414,598r
30,243
912,561
4o8,l62r
29,734
1,004,917
387,758r
101,849r
109,532r
128,952r
65,744r
l62,749r
44,455r
1,013,317
July 1, 1954, extended the saas practice to Internal Revenue
Service collectlcai reports.
Monthly
figures include old-age Insurance tax on self -employment
S/
Income, which Is levied and collected as part of the individual
Income tax beginning with the taxable year 1951. Fiscal year
figures exclude this tax, on the basis of estlsatea beginning
1952
(see footnote 3), and It is Incluled under "Old-age Insurance
taxes."
i/ Withheld Inccoe tax and old-age Insurance taxes on employers tai.
employees are paid Into the Treasury in combined amounts beginning
January 1951. In Internal Revenue Service reports, current collections have not been separated as to t^pe of tax but the breakdown shown for fiscal years beginning 195I is based on estimates
made In accordance with provisions of Sec, 109 (a) (2) of the
Social Security Act Amendments of 1950, for transfer of tax receipts to the Federal Old-Age ai^ Survivors Insixrsnce Trust Fund,
New
reporting basis beginning with the fiscal year 1953) for
it/
explanation, see footnote on page 1.
5/ Beginning with the fiscal year 1955, collections shown lncl\de undistributed depositary receipts and unclassified sdvance payiMnts,
For excise taxes these receipts are included in the total only.
Total collections include "Taxes not otherwise classified," which
were Included with miscellansoufi excise taxes prior to the Ai^ust
1956 issue of the Bulletin.
(See Table 2).
6/ Repealed for years ending after June 30, 1945. Beglnnli^ 1951,
Included under "Miscellaneous excise taxes."
2/ Dstail Is reported by quarters beginning with the fiscal year 1956,
Revised to exclude "Taxes not otherwise classified"; see footnote 5.
Treasury BuUetii
52
.INTERNAL REVENUE COLLECTIONS.
SOURCES
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL
DOLLARS
Billions
*34g<nn,ng witft tru fttcoi ywr 1955. inciuatt un4ittnbijtta dapoiilary rKt'pti and vftclostfitd advanct poymtnts.
of such rtc9ipls fortMClM fOMM If inclvdtd vndtr "Othtr ticm foM9$'
Ollict •( ttM 8«c»1*r| 9t Ifw Tr*Miir|
Tftt
wholt amount
-
,
August 1956
53
.INTERNAL REVENUE COLLECTIONS
Table 2.- Detail of Collections by Type of Tax
(lyi
thousands of dollsTB)
First 11 months of
fiscal year
FlQcal year
l^po of tai
Corporation inocme and proflte taxes.
Eleventh nonth of
fiscal year
V)^
1955
ai,5't6,322
l8,26't,720
12,063,318
114,103,595
10,9't6,578
10, 72 i», 120
9,259,832
10,3't3,597
672,6142
989,755
26,085,633
25, 673, '•90
214,7117,087
-682,3147
28,1467,638
-1,1U5,673
5,081,091
-1,375,859
6,275,2?6
-2,071,293
1498,9147
"45,977
1955
1955
(May 1955)
1956
376,719
1956
(May 1956)
"492,032
Individual Incooe tax and anploynsnt taxes:
Inccne tax not withheld 1/
Incone tax withheld and old-age Insxirance: 2/
BecelTed with retuma
•••
,
Uhdlstrlbuted depoeltary receipts ^.,,,,.,
Kallroad retirement:
Received with returns
ttodlatrihuted depoaitazy receipts 2/
Uiemploynent insurance
Total Individual Incone tax and enploiyiaent taxes.
Estate tax
Gift tax.
592,068
605,221
597,262
2,81»J4
149,005
279,986
277,291
515,762
6U,8l0
323,362
33,193
283,882
114,898
"•8,757
"•2,599
2,li99
37,869,770
314,1149,815
38,569,1495
lt,li71,9'4l
5,287,5"a
785,679
9143,666
92,256
121,lB"i
86,617
115,933
2,2314
15,1406
37,921,31l»,
863, 3Wt
8118,1492
71,778
87,775
230,566
1,657,351
25,370
1,627,752
23,867
y
Qcclae taxes:
Alcohol taxes:
Distilled spirits (imported, excise)
Distilled apirita (dcoestlc, exciae),......
DistlLLed spirits, rectification tax
vrinas, cordials, etc. (Imported, excise)
Wlnee, cordlala, etc. (dcneetlc, excise)
Dealers in distlLLed spirits; rectiflere; manufacturers
of stlUe (special taxes)
Stamps for distilled aplrlts Intended for export.......
Case stamps for distilled spirits bottled in bend......
Container stamps .......................................
Floor taxes.
Beer
Brewers; dealers in beer (spscial taxes)
Total alcohol taxes.
Tobacco taxes:
Cigars (iBrge)
•
Cigars (ooall)
Cigarettes (large)
Cigarettee (onall)
Snuff
Tobacco (chewing and anoldz^)...
Cigarette papers and tiibes
Lsaf dealer penalties, etc
•
Cigarette and cigar floor tazea.
2te,81i8
221,338
2l4l4,6l0
l,i472,687r
1,606,1437
21,527r
22,257
14,689
'•,335
14,903
I403
I168
77,135
70,885
714,869
7,1122
8,187
l6,te7
31
1,088
13,013
306
12,l4l7
11,175
2113
3lB
769,77l»
16,977
8
519
6,213
55
737,233
5,112
5,5l4J4
12
-6
517
6,225
51
660,738
U,017
*
689,009
-17
2
72,826
2
73,315
3,6i46
714
2OI4
I49
2,797,718
a,7te,8i«>
2,l47l4,7'49r
"•5,857
•6,199
i4l,5l47r
It2
I46
I49
Il2
5
6
5
6
•
1
1,513,735
3,925
16,250
695
,5014,191
1,360,255
3,575
1,1410,930
137,637
1143,6311
3,1492
3"t5
306
13,698
571
1,1425
1,33"4
71
32
3,909
16,155
693
12
2
Il4,75l4r
693
12
2
l,liaO,892r
2,656,955
aas.se^r
255,638
"12,090
3,927r
8
3,917
7
Other excise taxes.
5,153,992
14,518,859
5,2147,9115
Total received with returns and frcn sale of atanps.
Uadistributed depositary receipts
mclassifled advance paynents
9,532,222
9,095,895r
8,l4ll4,500r
9,375,825
Total excise taxes.
9,532,222
^
AdJusl3Bfint to
budget receipts 6/
Budget receipts fron Internal revenue.
l"i9,229
968,729
1,013,317
l,337,667r
I,l4l8,l6k
-113,672
-226,7614
-1192,607
-5"il,"i68
I,l4t5
I193
28
-159
66,288,692
+36^,672
70,299,652
Ili3,'4l3r
1,389
7,352
69,9314,980
1,1470,925
U3,298
9,210, 582r
^
I4
91
l4,78l,8l43r
Total collections reported by Internal Revenue Service.
1,680
'•,152
1,571,213
Taxes not otherwise classified
986r
21,636
lli9,826
714,527
1,580,512
Total tobacco taxes.
18,720
12l4,87Dr
8,30e,273r
6,61iO
55,39l4,3l4lr
9,l"i9,55'4
">,306
62,886,550
55,378,762
1,058
5,789 ,296r
876,556
715
6,T93,'435
-1,776
-15,579
66,288,692
8l45,08ar
62,886,550
5,787,520
6,793,'435
LL
Source: Internal Revenue Service reports for detail of collections by type
of tax; "Mcnthly Statement of Receipts and Expenditures of the Uilted
States Govemnfint" for budget receipts frcu internal revenue. Certain
detail by type of tax is available only en the basis of returns filed
with the Internal Revenue Service. The figuree shown include coUecticns for credit to special accounts for certain island possessions, as
reported by the Internal Revenue Service. Beginning with the fiscal
year 1955, they include the amomts of tax collected in Puerto Rico on
merchandise of Puerto Rlcan manufacture ccDili^ into the Ubltad States.
Figures for 195"4 have been revised to the sane basis.
1/ Ihcludes old-age Insursnce tax on self -employment inccne, imposed by
the Social Security Act Amendments of 1950 (Public Law 7311), approved
August 28, 1950. The tax is levied and collected as part of the
indlvldxjal Incooe tax. For eatljnated fiscal year breakdown, see Table 1.
2/ Withheld inccne tax aai social security employment taxes on employers
and esnployees are paid into the Treasuiy in ccmblned amounts, pursuant
to the Social Security Act AiKZHlj&snts of 1950. For estimated fiscal
i/
year brealcdown, see Table 1.
Ukler revleed acco\iitli« procedures effective July 1, 19514, tax payments
made to banks uc^er the deposltazy receipts systom are included in
Internal Revenue Service reports of coUectlons in the ncnth in which
the depoeltary receipts are issued instead of the mooth In idilch tax
returns supported by the depositary receipts are received in internal
revenue offlcee, as was the previous practice. The "TJbdlstrlbuted
depoBltaty receipts" Included in the collections represent th4 amouit
of depositary receipts issued during the period less the amoimt received wlt^ the returns. In the case of excise taxes, it is not
possible to classify the depoeltary receipts by type of tax toitil the
retxmis are received. Accordli^ly, the anoimt of siKh mdlstrlbuted
depositary receipts is InclixLed only In the total of excise taxes.
Uiclassified advance payments iMre Included with mdlstrlbuted depoeltary receipts prior to June and the fiscal year 1955.
Includee $16,116,000 advance payments of estate and gift taxes not
further classified.
Includes unidentified and excess collections and profit fron sale of
acquired prop«5i-ty. These collections were included with "Other
excise taxes" prior to the August 1956 issiM of the Bulletin.
See Table 1, footnote 1.
Less than $500.
Revised.
,.
.
. ,
,
,.
.
,.
Treasury Bulletin
5'^
.M3NETAFY STATISTICS.
Table 1.- Money In Circulation
(In
b3U1oq» of
dollftre
ncept
na not«d)
Papor money
VDd of flical
year or nonth
Total
woopj in
circulation 1/
Cold
certlf-
Total
pap«T
Boney
Icatea
2/
SllTer
certlfIcatee
Treaeury
notea of
1890
1/
Federal
United
States
notes
Federal
Pceer^e
notes
321
319
321
23,600
318
318
2,122
2,135
2,170
28,767
37
35
JU
33
28,67?
35
30,2U.
30,317
SeptMBber.
30,1122
28,535
October,,,
30,559
30,993
31,158
28,660
29,072
29,231
3''
2,11.8
31*
2,156
2,155
30,228
30,163
30,339
28,331
28,263
S".
28,1.25
31.
30,210
30,513
30,715
28,289
28,579
28,767
3''
271.
23,1.56
21.3
24,605
221
25,609
25,385
25,618
26,055
200
180
163
2,11.8
318
320
319
3IS
11*7
70
^^
6b
2,11.3
311
25,91.5
171
66
28,379
31.
2,155
25, 6W.
3l«
2,ll»3
161
l6o
158
67
28,1*39
317
317
316
318
319
25,936
26,506
157
156
155
66
66
311.
2,052
2,071
2,125
306
311
315
25,720
25,628
151.
25,731.
65
65
65
31.
2,123
2,157
33
2,11.8
315
3IB
318
25,102
25,853
26,055
27,156
27,809
29,oe6
25,661
26,231
27,3U8
111
28,359
28,127
1955
l?5c
30,125
29,922
30,229
30,715
19?'«-I>eo"»ber.,
30,509
1955-Julj
D»cflab«r ,
febniftrj-
.
March
April
My
June
End of fiscal
year or acnth
I9W
''3
39
38
28, 3p
2,151.
31.
31.
Standard
silver
dollars
Total
coin
1,578
1,678
1,766
1,795
1,858
1953
1951.
1955
1956
Subsidiary
ellTer
1,91.8
25,717
25,806
26,31.0
Minor
coin
73
66
66
66
152
151
IU9
65
11.8
61.
11.7
61.
Money In
circulation
per capita
(in dollars) 5/
919
31.6
190.31
161.
9W
181.. 33
170
160
191
965
1,020
1,093
355
361
378
393
202
212
223
237
218
1,150
1,165
1,202
1,259
1.13
188.72
1.19
181..2I.
1^33
182. 91x
">53
182.71.
1,186
l»29
186.11
1,206
1,213
1,219
U35
l»39
182.75
182.89
156
1,1.21
1,''59
1,''96
19*9
1950
1951
1952
99
93
86
81
77
22,760
1950
1951
1958
1956.>J«nuu7,.,
it/
353
309
26,1182
26,03'>
''S
27, '•93
nomibar,
National
bank
notes
23 ,209
27,903
i?""?
195l<
Bank
notes
J/
2,061
2, 061
2,177
2,092
2,088
we
1953
Peser'/e
179.03
180.17
161. .90
1951. -Deo nber..
1,83'.
195;-Julj
August , , ,
Septanber,
1,865
1,878
1,887
2S>.
W>1
183 .2U
228
229
231
230
231
232
1,229
U>3
1,21.5
UhB
U>9
W.5
183.78
186.13
186.87
233
235
237
Febri.arj'.
1,900
1,922
1,927
1,897
1,900
March
1,911.
April.
May...
1,922
1,939
<7lBV
1,91.8
October. .
noraabar.
Saoanbar,
1956-JanuiXry,
.
.
226
227
1,2U6
1,221
1,22U
1,235
1.1.5
181.01.
180.1.2
U1.6
181.19
1,21.1
1.U8
1,253
1,259
1.51
180.20
181.78 r
1.53
192.71.
__
Clrculstlon Statsnant of United Stat«a Mcney.
fiDOlilos money held by the Treasury, money held by or for the account
or the Federal Baasrre Banks end agenta, and coin estimated to be
held outside the continental limits of the Uiit«d States. Includes
?aper currency held outalde the contlnAntal limits of the Uhltad
States
Sold certificates vera vithdxmn frcB circulation in 1933.
Source:
i/
2/
i/
U/
^
r
Treasury notes of I890 in circulation are being canceled and retired
upon receipt by the Treasury.
Federal Beserre Beaik notes and national bank notes are corerod by
deposits of lawful money and are in process of retirement.
Baaed on latest population estimates by the Bureau of the Census.
FteTleed.
'
August
me
5
U
u
,
.
Trcasurii Bulletin
56
.MONETABY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(In alUlona of
doLUn)
SllT«r held In Treaaur;
Did of c&Iendor
S«curill6 allr«r certlflcatea X/
SI Ivor outalde
Troaaury
In Treasuzvr'a account
/oar or •ootb
Sl'.Tar
surer
buUloo 2/
dolIarB
1950
1951
1952
1,971.5
2,003.2
2,040.7
2,073.5
2,109.7
328.1
321.9
312.8
301.0
289.3
5.9
U.I.
3.5
1.7
3.9
I9W
IW
Sub8ldlai7
coin 1/
Bullion for
recolnage
^
Bulllca
at coat
SllTor
dollara 1/
Snbeldlarr
coin
^
971.5
982.2
1,033.3
1,083.1
1,158.1
3,596.7
3,6*3.1
3,697.1
30.7
11.0
17.6
213.2
223.1
1,313.1
235.'*
1,283.2
3,837.0
3,886.6
3,930.1
1,267.3
1,269.3
9'>.l»
2/
95.1 2/
82.0 2/
''5.3
1953
2,1W.8
195''
2,171.1
2,19l<.l»
278.3
267.6
253.5
W.O
1955
1955-Julj
August...,
Sept^sber,
2,189.5
2,191.7
2,192.2
261.3
258.6
256.7
28.8
26.9
23.9
18.7
228.9
IS.i*
231.
232.3
October...
Hovaaber.
Daceabar.
2,19'*.0
255.7
25lt.S
.3
333.2
23U.1
2,19l..U
253.5
20.3
17.9
15.7
ll-.S
2,19''.'»
17.6
19^-Jenuai7.,,
2,19^.9
2,196.6
2.198.5
253. '>
252.6
1^.2
15.2
16.0
21.6
21.6
18.5
2,199.1
250.1
2U8.7
338.6
210.0
2,202.3
21*7.0
16.2
13.5
6.2
21.9
2,200.1,
1,297.8
1,303.8
1,311.2
fabniBiy,,
March ....
April
May
Jise
251.''
6.3
Source: Circulation Statenent of Uilt«d Statee Mcnay; Office of tbe
Treao\a«r of the lAiited Statee.
i/ Valued at $1.29» per fine o\iKe.
3/ Inclulea allrer held by certain a^anclea of the Federal OoTamaent,
12.9
111
29.lt
.3
i/
Ij/
per fine
ounce
165.0
171.0
179.8
191.3
202.5
89.3 2/
15.7
Total
ellTap
at $1.39-^
liO.O
Valued at $1.3&* per fine
Valued at $1.3&t per fine
to vhether the bullion Is
coins or for recolna^ of
l,2l<3.7
3,7'>1.3
3,79'«.l
l,27l».7
3,923.9
3,921.3
3,918.6
235.''
1,277.9
1,280.1
1,283.2
3,923.5
3,933.3
3,930.1
235.11
1,281*.
236.3
337. 1»
1,286.8
1,292.2
3,938.7
3,9'«.l
31.1.6
3,9ltli.2
3,955.6
3,973.3
3, 991..
ouu;e,
ounce or $1.29* per flM oun:e according
held for recolnage of euheldlar; ellver
standan' ellver doUare.
•
\\tigust
9
.
,
7
5
7
5
3
9
1956
57
.MOHETARy STATISTICS.
Table 5.- Seigniorage on Sliver
(CnnlatlTs
Bad of calendar
7«ar or aonth
fna
Imaaarj 1, I93;
-
In illioo* of lollan)
Soaroea of aal«nloraga on allrar taUlon raralnad
}J
S*lenlarae«
on oolna
(llT«r and
Mlao. allTar
(inol. allTar
Inor)
ImlUon held
June
1>»,
I93U)
evlj
Blnad
allT«r (Rroo.
Deo. 21, 1933)
>«vl7 alnad
allTsr (Jtcta
JnU
aM
6, 1939,
JbU
SllTer Pnrobaae Aot
of Jnne 19,
latlcnalllad
SllTer
(Proc. of
19311
tog. 9, 193*)
31, 19*6)
63.7
69.5
91.7
*«.7
*8.7
*8.7
*8.7
*8.7
16.8
36.0
58.0
87.3
*.2
122.2
lee.i
2*5.7
299.6
362.3
*8.7
*8.7
*8.7
*8.7
*8.7
87.6
8V.6
87.6
87.6
87.6
25.7
*8.3
63.6
65.3
65.*
562.7
580.*
58*.3
58*.3
*8.7
*8.7
*8.7
*8.7
*8.7
frr.6
65.5
66.5
701.6
832.1
832.1
832.2
833.6
3*.
3*.
&r.6
87.6
87.6
7*.
19*9
*29.5
*91.9
520.5
559.2
578.7
1950
1951
1952
1953
195*
1955
596.6
6*2.3
69* .2
7*2.2
792.9
807.0
*8.7
*8.7
*8.7
*8.7
*8.7
*8.7
87.6
87.6
87.6
87.6
87.6
87.6
10*.
11* .6
125.*
13*.7
1*3.8
150.8
833.6
833.6
833.6
1955-Joly
Angnsta,
Septeadwr
801.5
8oe.3
803.6
*8.7
*8.7
*8.
87.6
87.6
87.6
Ootober,.
Horea^ber.
Itoceaber.
8o*.9
805.8
807.0
*8.
*8.
*8.
1956-Jsaaar7. .
7ebruai7.
Naroh*...
808.2
809.9
ai2.i
*8..
815.7
818.8
18.5
1935
1936
1937
1938
1939
W.l
iSM
19*1
19*2
19'i3
19W.
19*5
19*6
19*7
19W
April
my
326.2
*22.1
508.1
616.0
705.6
27*.
397.5
5*1.6
759.*
799.7
818.9
820.6
aao.7
1,055.8
1,089.0
1,0*8.2
967.3
717.3
3*.
3*.
938.1
1,069.6
1,077.6
1,087.8
1,098.1
333.2
161.2
1*6.8
129.9
127.2
833.6
833.6
3*.7
3*.7
3*.7
3*.7
3*.7
3*.7
1,109.3
1,119.2
1,130.0
1,139.3
1,1*8.*
1,155.*
111.7
81.9
57.2
3* .9
6.6
1*.3
1*9.3
150.0
150.1
833.6
833.6
833.6
3*.7
3*.7
3*.7
1,153.9
1,15*.6
1,15*.7
12.7
10.6
9.7
87.6
87.6
87.6
150.7
150.8
150.8
833.6
833.6
833.6
3*.7
3*.7
3*.7
1,155.3
1,155.*
1,155.*
U.3
*8.7
*8.7
87.6
87.6
87.6
150.9
151.*
152.0
833.6
833.6
833.6
87.6
87.6
152.2
152.6
833.6
^3.6
3*.
1,155.5
1,156.0
1,156.6
1,156.8
1,157.2
17.1
16.9
1*.5
*8.7
*8.7
3*.7
3*.7
3*.7
3*.7
Sonne t
%]
226.2
302.7
366.7
*57.7
530.7
Total
seigniorage
on sllTsr
revalued
Potential
aelgnlorage on
SllTer bullion
at ooat In
Treasurer's
aooount 2/
7*.
8; .6
58*.
Bureau of Aecomta.
Tkase Iteas represent the differenoe betveen the cost Talne and the Bonetary
Talue of allTer bulllcn reraloed and held to secure sllTsr certificates.
8*.6
93.5
*3.6
2/
3*.
3*.
3*.7
3*.
3*.
3*.
3*.
3*.
3*.
3*.
3*.7
758.8
950.6
11.5
1*.3
17.5
22.9
Tho figures In this colam are not cianilatlTe; as the saotiit of
bullion held ehaagea, the potential aelgnlorage thereon changes.
Table 6.- Increment Resulting from the Reduction in the Weight of the Gold Dollar,
as of June 30, 1956 p
Exchange StablUzatlon Fund
Paynents to Federal Feserre Banks for Industrial loans.
Alloc at lona of
Increment
Chargee against
Inorenent
$2,000,000,000.00
$2,000,000,000.00
139,299,557.00
27,5*6,310.97
I%lllppine currency reserve
23,862,750.78
Halting losses on gold coin
2,175,121.93
1,857, *0* .22
6*5,387,965.*5
6*5, 387, 965. *5
Itetlrenent of national banlc notes
Ubaseigned
Total Increment
Source:
p
Buxvau of Acooimtfl.
Pro llml nary
Increaent
$111,753,2*6.03
23,862,750.78
8,756,065.*3
2,819, *8l,*6o.59
ttiezpended balance of
317,717.71
8,756,065.*3
2,67*, 791. 680. 6lt
1**,689,T79.95
58
,
August iV56
59
.
EXCHAMCE STABILIZATION FUHD
.
Table 2.- Income and Expense
Januai7 31, 193U, through
June 30, 1955
ClaflslflcaticQ
Januai7 31, 193lt, through
March 31, 1956
Inccos:
Prof ita on British sterling trazisactlons
$310,638.09
Prof ite on Traioii franc traxisactlciis ...•
$310,638.09
351,527.60
351,527.60
Profits on gold bullion (Including profits from >i«m.<iing charges on gold).
59, !'*'•, 511.66
59,302,051.57
Profits en other gold and exchange trsnsactlons
50,0liJ»,H3.75
50,207,170.26
Profits en silver transactions
Prof Ita
cai
sale of sliver
,.
buUlm
Profits on Inreslanents ,...,
to TreasuZ7 (nAtlonalized)
,
Interest en Inrestsents
Miscellaneous profits
,,,
Interest earned on foreign balancea
.,.,,,.
,
Interest earned en Chinese juan
Total inccne
102,735.27
102,735.27
3, '•73,362 .29
3,1173,362.29
1,876,790.55
2,0ei,ll07.22
9,863,299.65
10,511,736.611
861,5116.95
861,5116.95
2,81(9,683.19
2,8119,683.19
1,975,317.07
1,975,317.07
130,853,526.07
131,967,176.15
Sxpanse:
Personal services
•.»..
12,627,016.35
13,578,106.37
Travel
612,1165.58
657,1198.65
Transportation of things
722,761.1*5
738,199.98
609,059.68
621,073.77
CooanunlcatlonB
Supplies and materials
,
Other
Total expense
Net IrK^rwm
,
119,l81i.li7
12ll,l61l.26
1,630,7511.53
1,690,5711.20
l6,321,2te.36
17,1109,617.23
1111,532,283.71
1111,557,558.92
Treasury Bulletin
60
.CAPITAL MOVEMENTS.
Data relating to capital movemente between the
United States and foreign countries have been collected
since 1935, pursuant to Executive Order 6560 of January 15,
Introduced in that
195'*,
presentation
They provide summaries, by periods and by
oountries, of data on short-term banking liabilities to
and claims on foreigners and transactions In long-term
Supplementary Information Is
In the "Treasury Bulletin."
published at lees frequent Intervals. Reports by banks,
bankers, securities brokers and dealers, and Industrial
and commercial concerns In the United States are made
Beginning April
in
not all breakdowns previously
The first three sections which follow are published
monthly.
covering the principal types of data and the principal
countries Is reported monthly, and Is published regularly
consolidated figures to the Treasury.
issue,
published will be exactly comparable to those now presented.
193t, Executive Order lOOJJ of February «, 19'*9. and
Treasury regulations promulgated thereunder. Information
Initially to the Federal Reserve Banks, which forward
As a result of changes
pages '5-'*7.
securities by foreigners, and present detailed breakdowns
of the latest available preliminary data.
Section IV provides supplementary data in five tables
which appear at less frequent Intervals. Table 1, short-
term foreign liabilities and claims reported by non-
data reported by banks In the Territories and possessions
of the United States are included In the published data.
financial concerns,
is published quarterly In the January,
April, July, and October Issues of the Bulletin.
The term "foreigner" as used In these reports covers
all Institutions and Individuals domiciled outside the
United States and Its Territories and possessions, the
official Institutions of foreign countries, wherever
such Institutions may be located, and International
Table
2,
long-term foreign liabilities and claims reported by
banks and bankers, and Table 3, estimated gold reserves
and dollsu- holdings of foreign countries and International
Institutions, are published quarterly In the March, June,
September, and December issues.
Table
•*,
foreign credit
"Short-term" refers to original maturities
and debit balances In brokerage accounts, appears semi-
of one year or less, and "long-term" refers to all other
maturities.
A detailed discussion of the reporting
coverage, statistical presentation, and definitions
annually in the March and September issues. Table 5,
short-term liabilities to foreigners In oountries and
areas not regularly reported separately by banking In-
appeared In the June 195** Issue of the "Treasury Bulletin,"
stitutions,
organizations.
Section
Table
I.
(Ih
I
- Suinnary
is
presented annually in the April issue.
by Periods
Net Capital Movement between the United States and Foreign Countries
lUlaoB
of dollara
negatlT« figures liidlcat« a not outflov of oftpltal frcB tb« Dbltad Statea)
AnaljBla of oot capital moraneat
Cbangee in llabilltiea to foral^xiBrB
Ca lan liir 7»ar or Bontli
Changoa In clalne on foral^nare
i
Short-ter
baoldJDg
flnla
Traasaotlona
In donoatlc
saourltlaa
Short -tei»
.
\uqust
9
5
3
.
,
6
S
19%
61
.CAPITAL MOViMEMTS.
Section I - Summary by Periods
Table 2.- Short-Term Banking Liabilities to and Claims on Foreigners
(FoeltlcEi at end of period In
Tn
nH nria
of dollare)
Short-tein lj.abllltleB to foreigners
BuL of caleDdar year
or month
Payable in dollare
Total
Forel^
official
I9U2
,
19lt3
19Ult
,
19't5
igW
,
191*7
19U8
,
19't9
1950
1951....
Other
foreign
I*,205.U
2,2l*l*.li
1,91*7.1
5,3T't.9
3,320.3
3,335.2
•,179.3
3,0U3.9
2,036.7
2,678.2
2,922.0
8,6U1».8
1,832.1
2,836.3
2,908.1
3,620.3
5,596.8
6,883.1
6,1*80.3
7,ll6.U
7,718.0
7,618.0
International
Short-tezm claims on foreigners
Payable in dollars
Payahle in
foreign
currencies
loans to
forel^ banks
Payable In
foreign
currencies
13.9
17.9
21.6
25.5
21*6.7
72.0
11*3.7
30.9
257.9
329.7
392.8
86.1*
137.2
169.7
3l*.l*
105.1*
1*73.7
1*0.6
708.3
2,972.7
2,262.0
U9.7
91*8.9
2,91*7.0
1,861*.3
70.1*
3,001.0
3,1*51.7
1,657.8
1,527.8
51.0
kk.g
1,018.7
827.9
898.0
2,«9.9
51*.
100.3
319.6
21*5.0
1*7.5
290.5
98.1
292.9
361.2
222.7
151.1
177.2
1*90.6
165.1*
557.1
U9U.3
506.3
21*0.6
699.1*
91.8
122.9
156.5
206.5
328.1
81*7.5
61*6.5
101.6
969.0
1,056.5
211.0
163.9
231.9
262.3
253.3
1,01*1.1*
11*3.2
1,030.3
1,016.6
136.8
135.6
100.1*
110.8
9,302.2
3,51*7.6
1*
,01*1.2
1,61*1.1
72.
l*,65l*.2
1*,21»5.6
61.1*
1,01*8.7
5,666.9
1*, 308.1*
1,581*.
1,629.1*
I95l»
10,5116.1
U,61t8.1t
:i2,922.5
6,77l*.0
1*, 335.1*
90U.5
1,386.5
1955
13,599.8
6,953.2
1*,725.1
1*3.7
1*3.2
1*0.3
1955-Julj
August.. ,.
September
13,11*1.7
13,01*7.3
6,658.0
1*,578.0
1*4.8
1,1*16.1*
6,552.1*
1*,
1,860.8
1,858.6
1*0.0
1,1*29.1*
13,339.8
6,806.0
1*, 61*5
.9
1,81*1* .2
1*3.7
1,1*05.5
13,573.7
6,890.3
51.2
U*.l
1,1*27.7
1,1*73.2
1,51*8.5
271*.
1,022.5
6,961*.
l*,806.e
lt,8lU.6
1,825.1*
13,61*5.6
296.3
328.1
1,01*7.7
1,056.3
131.3
127.3
163.9
1,503.1
1,515.3
1,509.8
315-3
302.0
292.0
1,073.1*
U.U.1*
1,083.7
1,092.5
129.7
125.3
1,529.0
1,611.6
323.1
339.7
1,077.2
1,132.3
128.7
139.6
1952
1953
October,.
November.
December.
1956 -January...
February
March ....
April p..
May p
Preliminary.
Bevieed,
13,599.8
13,737.0
13,869.1
11*, 31*6.8
ll*,li83.7r
11*,
516.1*
I
596.3
1,769.9
1,881.1
6,953.2
1*,
725.1
1,822.6
1,881.1
6,986.1
1*,
81*2. Or
1,667.1*
1*1.1*
7,01*8.1
l*,906.5
1,875.6
7,388.8
7,328. l*r
5,007.1*
1,891*.
38.9
56.1
5,129.7
5,030.9
l,978ll*
1,999-1*
7,1*35.7
1*0.3
1*7.2
50.3
968.1*
1,51*8.5
78.1*
..
5
U3
.
9
36
9
5
98
Trcasuni Bullet
62
i
.CAPITAL MOVBffiNTS.
Summary by Periods
Table 4.- Purchaeee and Sales of Long-Term Foreign Securities by Foreigners
Section
1935-kl
Foreign bonde
Purchases
n,a.
n.a,
Sales
Torel^i stookB
Ret
purchases
311*.
n.a.
n.a.
372.2
225.3
318.1
3'*7.3
-29.2
1*90.1*
265.5
63l'.3
21*.
291.1*
1950
755.9
658.7
211.6
321.2
589.2
-79.8
9.8
-121.0
1951
500.lt
801.0
1952
1953
195k
1955
1*95.3
51*2.5
6T7.1*
621.5
-300.6
-182.1
-79.0
792.1*
81*1.3
509.lt
183.9
19l»a
19^3
19Wt
19^^
191*6
19't7
19^
19''9
693.3
1955-Julr
August. .
September
October..
Horeober..
Decevber.
59.6
311.5
710.2
n.a.
7l*.2
89.0
-1*8.8
36.3
26.1
23.2
'*0.5
36.6
1*0.6
-1*.0
II*. 1*
I15.8
3l*.l
11.7
38.
1.1.8
37.1
56.8
-15.0
1956 -January..,
Tebruary.
59.8
139.1
.k
-79.3
-7.6
March
iU.O
38.1*
-l>.lt
April p.
May p....
38.0
52.0
25.5
151.6
12.5
-99.6
n.a.
P
Hot arallable.
Frellji^nai7
-
mlUlona of doUArs; negatlTs tigane indicate a net outflow of capital fras the Uilted States)
(lb
Calendar year
or Bcntta
I
31*
.8
1*2
1.3
Sales
n.a.
n.a.
23.3
26.6
37.3
65.2
57.1
81.7
88.8
173.8
272.3
293.9
310.1
393.3
663.6
n.a.
n.a.
19.8
Ret
purchases
5l*.8
65.6
-.1*
1*2.6
11*.
96.7
70.8
198.2
-15.0
18.0
-ek.k
31*8.7
-76.1*
329.6
-35.8
303.1*
6.8
61*i*.9
-251.6
877.9
-fill*.
31*0.9
355.1*
821.2
715.9
293.3
3,152.6
227.9
391.9
2l*7.U
1*02.1
855.5
-7.1*
77.7
93.5
-1*6.6
S65.I
39.0
1*10.1
556.1
676.8
388.2
382.3
763.0
908.1*
-lU5.il
772.7
789.1
852.7
1,185.8
1,356.9
l,ll»9.7
-377.0
-217.9
-72.2
1,007.0
921*.
-91*.
27.8
-30.lt
107.3
111.2
99.2
122.3
3.3
-5.0
-15.0
-3.2
1.8
-5.3
103.8
95.6
99.6
95.3
92.5
120.0
8.5
3.1
-20.3
121.2
90.9
107.7
192.5
105.9
137.1
-71.3
107.3
112.2
265.2
61.2
63.1
61. I*
56.2
73.7
53.1*
8.0
63.5
98.7
-25.0
86.7
113.6
-17.3
-23.9
89.6
1*69.6
-300.lt
58.0
57.2
57.8
69.1.
008.2
220.5
Ret purcbasee
of foreign
securities
1,387.3
71*.
55.1*
sales
1,1*86.1
55.0
53.7
70.7
73.1
81.7
Total
punzhasee
1*,
n.a.
3.5
U.5
-17.5
22.1
Total
-19.9
-19.3
-11.0
-7.3
Hi*.
91*
.2
11*1.6
-111.
-29. It
-lt.9
-123.5
5
1
.
August
9
5
19%
63
.CAPITAL MOVEKENTS.
by Countries
Table !•- Short-Term Banking Liabilities to Foreigners
Section II
- Sufnmary
^^
(PoeltloQ at end of period In alUioiu of dollars)
Calendar year
Counti7
1951
Buropa!
Anatrla
Bsl^im
Csoohoalorakla
Dezaark
1953
1956
195»*
1955
57.1
91.1
123.9
190.9
130.3
1.3
.6
70.lt
,6
.7
71.1
•
•*..
1952
273.2
99.8
27.0
28.5
95.7
37.9
Tmaoe
289.4
3lt2.6
1*28,5
715.1*
a«isany, Taderal Bepnblio of. . .
Qreace
••*••«•••••
Ital^
lt05.6
551.1
"15.8
1*7.3
898,8
100.9
300.5
lli8,8
1*65.7
21*2,9
1,372.5
112.5
578.6
Hetberlandfl .,
308.9
203,1
99.7
2.8
110.3
103.1*
3,1*
118,5
2,2
"10.7
57,1*
72,1*
6.1
17.1
6,1
5.8
36,0
91.3
7.8
71.3
116,7
67U.2
11*1.0
672.1*
,2
8.2
1.8
639.5
nnlsnd
••••
Horvay ..•
Poland
Portugal
Ruasola
Spain
Sveden
Sir! tzerland
Turkey
19,2
1*1.3
21*9.3
2.1
•..
llt,l
U« 3> S* £«>•••••••••••»••••
dbltad K3 nefl<Tw
2.5
61ia,6
91.0
6Ul,8
8,U
1,7
817,9
TngoelATla
Other Europe
7.1
12U.7
12,0
218.8
383.5
Total Sorope
3,005.9
3,755.5
1*,733.6
5,620.5
1,307,1
1,1*20,7
1,295.5
1,535.7
21*9,7
138,8
160.1*
72.5
79.3
118,2
130.0
19,1
101,7
78,8
150,2
301.2
31*0,8
236.7
l4J*,2
39.3
37,9
183.2
51.5
Ceaflda.
71,7
521.3
•.•.•••.•.•.••.•..••..•
latin tmerieU
Argentina
Bolivia
Brazil
Chile
Colcdbla.
Ciiba
27,8
100.3
106. 1(
21*.
11*
2,0
708.9
i-9
8.6
358.8
29.2
119.6
69.6
222.2
263.6
U5.8
27.3
158.2
231.2
3'>.9
l*l*.3
Fanaaa, Bepubllc of. ...... ......
Peru
67.7
El* SalTMor >
27.8
80,8
60,9
25,6
TlmgQay
Tenet nela
Other Latin Aaerloa
81i.7
91*.
71.9
87.8
11*5.5
117,1*
222.1*
119.2
12l*.l
Total Latin Aaerloa
1,'»55.2
1,612,9
1,768.1*
1,905.9
^3.2
kk.Z
38,3
38,2
70.9
36.1*
35.7
62.1
61*
37.2
68.0
99.0
39.3
U3.6
18.0
827.9
91.5
295.5
3U.3
62.1.
DcDimcan Bepu^Ho ..............
Guatemala. ......................
Haxlco
letherlands W. Indies & Surlnaa.
'(7.2
31* .3
89,9
68,0
26,8
109,6
60.1*
31*.
328.9
1*8.7
B.8
83.1*
30.1*
90.3
193.6
AalB i
rBijTw Mainland.,.,...,....,,...,
Toxaoea
•
Ecog Eomg
India
IndoDesla
Iran
Israel
Japan
lorsa, Bepabllo of 2/
BUllpplaes
Wl^^^^T^
11*0.6
25.5
26.6
596.0
26.2
329.7
,6
61,0
19,2
18,8
808,0
51*, 1*
315,1
60.8
86.9
100.3
31.1*
1*1.0
721*.
95.6
257.1*
123.1
Other Asia
lll2.2
181,0
167,1
total Asia
1,595.5
1,836,5
1,895.5
1,825.1*
38.5
1*7,2
5l».5
118,6
59.7
23.6
86.5
59.2
89.6
1*7.7
1*3.6
Other ooisitrlesl
Australia
Bslglan Congo
EgTpt and Anctlo-Igjrptian Sudan,,
Oilon of South Africa
All other
Total other comtrlee
96.7
110.7
7.0
86.8
167.9
171.2
23lt.l
1*3,3
1*7.1
38,2
32.7
95.7
91*.
S97.'t
335.6
326,1
International
l,6Ul.l
1,581*,9
1,629,1*
amid total
9,30e.2
10,51*6,1
ll,6l*8,U
265.1
January
Febx*UBi7
March
April p
May p
Jime p
Gh
.
Auqust 19%
65
.CAPITAL MOVEMENTS
Section II - Summary by Countries
Table 3.- Net Transactions in Long-Term Domestic Securities by Foreigners
(In thcmsoDde of doUaTB; DegatiTb tievrea Indicate net sales ^7 foreigners or a net outflow of capital frcB the Tlnlted States)
CoxBiti7
Treasury Bullc
66
.CAPITAL MOVEMENTS.
Section II - Sumnary by Countries
Table 4.- Net TransactlonR In LonK-Term Foreign Securities by Foreigners
(In thouBanda of doLlAre; negatiTe figures indicate net sales by forelflnera or a net outflov of capital from the United States)
Calendar year
Coxntr7
1951
1952
Europe i
Auatrla
5lt9
Bel«m
-303
3,818
98
-28
5,309
58
Prance
GerBAOj, Federal Pepubllc of....
Greece
Italy
Hetherlands
+,133
lt,90l»
13
-506
W)
Ilorvay
3,312
-8
-3,tel
l,3l»5
9,209
11,706
Czecbosloralcla
DeiBark
Finland
Poland
[^rtugal
RuBania
Spain
Sweden
Svltrerland
Turkej
U. S. S. »
Ubl ted
Eln^cn
YugoelSTla
Other Europe
Total Surope
Canada
Latin Aaerlcat
Argentina
BollTla
Braill
Chile
Coloabla
Cuba
Dcoinlcan Pepubllc
Guatenala .......................
Mexico
Netherlands W, Indies & Surinam.
Panaaa, Republic of
Peru
El SalTsdor
Uruguay
7enpsuela
Other Latin Anerica
Total Latin Aasrlca
A«la:
China Mainland
Fomoaa
Hong Eong
India
Indonesia
Iran
Israel
Japan
Korea, Bepublic of
Philippines
Cialland. .......................
Other Asia
Total Asia
Other coxntriesl
Australia
Belgian Congo
EgTpt and Ai^o-EgTptian Sudan..
Union of South Africa
All other
Total other countries:
Intematlocal
Qrand total
-e?
5,256
26
1,167
2,773
195k
1953
1,995
1,170
-8,70(2
-361.
-318
67
961
-163
lli,2k5
8,73'»
1.7
6
-6
-2,0k7
-'.,398
37,051
-19
806
-2
-1
752
26,500
19,939
96,259
-258,567
-llil,019
-137,7t>l
.
\agust
19%
67
.CAPITAL MOVEMENTS.
Section III - Preliminary Details by Countries
Table 1.- SNort-Term Banking Liabilities to Foreigners as of June 30, 1956
(Foaltlon In ttaonaanle of dollars)
aiort-tani llakllltlea paralila In dollara
To foreign tanke and offlolal Inatltutlona
Total
ebort-t«m
Country
llabllltlsa
Dapoalta
Short -tem
liabilities
payable In
To all ottaar forelgnars
U. 8.
D. 8.
Treaaury
Sapoelta
bllla anl
certifloatea
TraaauJT
kllla ai^
oertifioatae
Other
forel^
cnrrenolea
torope;
Auatrla
Belgium
Cteohoelorakla
DeioBark
Tlnland
France
Oaraany , Federal Republic of
Greece
Italy
lether lands
Horvay
Poland
Portugal
Runanla
Spain
.
.
2lt7,266
21*1*, 879
10U,565
709
69,587
''7, ''19
59,520
''7,170
i'i',639
878,1*58
1,635,899
818, 7^
1,627,186
165,27''
157,''31
859,830
205,730
51,58U
2,628
6,879
89,733
829,863
185,305
25,221
2,201
97,331
6,161
78,178
169,218
736,129
163,005
595,198
12 1», 1*68
Sveden
Svltlerland
Tuj^ey
D.S.S.F
United ElngdoB
210,962
28,390
3,183
33,917
2,38U
2,382
15,81'6
56,1*73
'i'*,0U3
1,848
2
10,582
673
1
296
619
5,386
10,01*1
364
1,308
26
2,531
296
8,369
2,531
1,214
150
295
8,056
3,260
621
106
2,931
1,298
668
7
14
45
18
166
1*12
19,901
11,053
39,000
28,200
253,735
253,606
20,362
112,136
8'*, 738
21,365
2,196
92,393
6,160
77,693
508,559
1,225,300
137,050
653,967
82,571
''7,15'*
98,070
160,138
17,781
125,983
235,628
2
12,992
1*40
56,UU8
58,1*18
5'*,273
ll'8,280
8,01*5
7,739
19
7,81*3
63,760
17,996
29,682
20,328
26,230
7,1*38
21,11.3
3,l'l6
I*,
5
1*27
938
27,123
718
11,389
1
1*85
869
591
309,077
3,937
589
7''5,679
1'66,79''
218,17'*
8,811.
6,726
56,851
165,1*89
1,600
63,530
'•,1'33
1*96
16,127
24,384
318
27,116
718
11,326
156
110
683
941
1,225
3
85
97
133
3
6,170
138,067
2,881
278
253,730
5,999
105,570
2,881
278
165
8,242
6
''3
24,255
2,864
110
132, ''31
112,659
8,640
25,155
368
8,910'
368
6,461
479
1*
120
14
TugoclaTla
Other Europe
31'»,a28
8,326
305,670
Total Europe
6,1*72,71*1
5,768,706
1,837,610
3,337,595
593,501
672,566
484,191
137,504
50,871
31,469
1,285,321
1,0''5,571
536,268
'*80,327
28,976
227,663
187,793
33,386
6.481*
12,087
12U,856
25,131
217,039
83,079
8,990
1,021*
780
113
39,91*5
39,3''0
90
9,103
16,028
1''2,1'''7
109, 50U
32,9''3
7't,535
52,819
81,958
51,90'*
915
961
1*8,320
16,005
Tl,293
47,518
56,002
185,783
36,917
135,63''
3,989
1,135
U,6U5
1,771
77,366
29,637
Canada ............................
Latin Aasrlcat
Argentina
Bolivia
Brat 11
Chile
ColoBhla
,
,
,
,
Cuba
Donlnloan Bepabllo
Guatemala
Mexico
Hetherlanda W, Indies & Surinam.
,
Panama , Peputtllo of
Peru
El Salvador
Uruguay
Veneiuela
Other liitln Aaerlca
Total Latin America
101,11*1
138,281
263, 16U
66,55'*
1*6,160
35,782
''9,391
21*9,020
20,6'*6
227,2'*9
68,163
1*5,768
31,626
92,607
73,921
11*0,77''
19,550
33,295
27,610
22,3^6
21*1*, 350
89,189
19,507
33,266
12,606
19,223
21*1*, 219
70,233
2,178,881
l,37l',l*29
1,181*,I*65
37,01*0
1*1,783
30,190
36,1^5
Sit, 035
81,819
112,523
211,980
29,611
36,135
23,573
65.857
'*5,lt97
,
80,997
358,'*55
66,506
330,935
,
81., 883
21*, 100
20,000
10,030
68
57
2
32
15
600
1,975
1,000
87
1,560
6,925
289
41
65,148
35,397
2,020
125
3,123
131
10,083
73,055
to ,622
17,887
1.1., 116
85,687
50,576
73,077
8oe,2i.i
757,506
237
1,''07
6,850
5,638
28,577
2,013
l',8l7
''5
2,021
6,850
5,638
27,905
4,817
2,021
69
11,112
''3
8,873
116,887
28
74,391
29,637
16,376
107,466
15,429
29
6,700
56,291
515
23
2,378
202
221
8,301'
16,1.66
109,315
22,395
17,81*0
36,296
8l,04l
1*6,329
2,598
4,630
1,967
23,509
3
5,887
5,100
47
5,222
16
280
21,224
''4
898
1,009
2,211
Aslsl
China Mainland
Fonaosa
Hong Kong
Inlla
Indonesia
Iran
Israel
Japan
Eorea, Pepnbllc of
I%lllpplnes
31,059
5'', 601
76,351
110,502
7'',338
25,11*0
25,071
51,515
51,738
19,897
31*2
10
90,560
51,900
1,000
23,5''l
12,01*0
13,566
1,''95
20,1(00
I8,4l4
1,495
20,225
107,1*87
68
9,990
3,191
22,761
3,182
22,686
51,159
123,357
122,010
178
7,782
7,017
77
3, ''11
91
1,028,81*3
953,1*02
95,101
282,213
93,606
261,799
92,606
236,193
135,992
25,21*6
285,322
55,761
1,852,909
319,100
255
11,697
37'' ,293
132,801
351,073
Total Aala
2,3117,732
2,223,168
5,919
2,858
5,919
2,859
18,429
223
1,0''7,273
Thailand
Other Asia
1,069
78
651
It
1
14
175
459
1,169
1,207
7
''73
Other countries I
Australia
Belgian Congo
Egypt and Anglo-Esyptlan Sudan.
Union of South Africa
All other
Total other oountrles
Intamatlonal
Grand total
79,323
75,''39
lt'*,257
1*1,098
20,'*8l
13 '',589
^0,568
59,895
27,503
103,725
90,028
23,U0O
13,070
32,000
17,000
2,000
29,1*69
3,313
U87
2,389
1,763
27,733
31*7,186
307,130
192,832
87,1*70
26.828
37,565
35,685
291
99
1,515
1,587,286
196,383
62,286
29,890
27,818
10,21*8
530
2,390
1,765
2,007,031
2, 005, ''17
59,550
1,9''3,817
2,050
1,611*
1U,638,892
12,72 1*,1*21
5,663,631*
6,265,196
775,591
1,865,006
43
1,536
1
622
1,395
1,589
2,491
81,337
49,465
1
2
Treasury Bulletin
66
.CAPITAL MOVQtENTS.
Preliminary Details by Countrlee
Table 2.- Short-Term Bajiklng Claims on Foreigners as of May 31, 1056
Section III
-
(PoaltloD In tluniaanda of dollAra)
abort-tara olalaa psTabla
In foral9) eurreoclea
abort-tcm olala* pa^abl* In dollar*
Total
ahort-
CouDtZ7
tua
roral^
OlAlH
offlolal
ioatltntto
turopat
Anatrla
Bal«lia
Ctaohoaloralda
6,076
21,621
251.
Danark
nnlaod
Poland
Portugal
Riaanla
Spain
dvadan
Saltxarland
Dbltad Ein«laa
TofloalaT la
1
729
'.,77'.
1,971
7,911«
10,093
117,61.9
1,795
12,203
11,1.72
'.,1.72
32,813
15,3W.
32,072
13,876
ii,iee
57
1,110
2
7,219
U,030
7,531
27,889
71,355
2
82,979
Tnritaj
D. S. S. B
571
1,01.8
12,5l«
102,055
16,256
orvaj
6,075
9,iM]e
l.,891
'',991
franca
0*Twmij, Fadaral Papablle of
Oraaoa
Italy
(a therlaada
73
9,1.1*
7
3
215
3,350
519
902
6.915
2,765
6,1.36
961
15,203
7'.,130
3,1.72
25
1
595
57
153
3,711.
15,59l»
1
588
5*
127
983
15,356
71.1
2,825
U,927
5,982
12.^3
1,603
3,1.66
1,1.68
710
1,381
305
25
202
5,062
1,71.9
3,911.
152
152
136
81
81
1,955
1,310
1,310
2,91.2
375
5.2'*
5,232
1.76
1.76
5,251.
32
57
1,029
2
5,909
3,731
115
7,156
6ltO
21.7
22,61.1
70,879
2,185
1,115
681.
12,631
67,1169
25,75*
12,265
u
2
108
3,127
3,299
3,399
2,309
3,ll»5
36I.
2
2
57.225
'•9,367
3,269
7,075
2,350
1,253
61
851.
813
38.732
69,059
130,031'
68,01.6
76,997
12,822
112,620
38,882
31
31
5,789
5,321
5,789
5.1.28
Otbar furopa
l.,l.67
803
Total Buropa
U9,367
361,321
U7,007
7'>,387
17,609
35,371.
8,582
5,716
2,776
18,079
2,618
59,195
Canada
and doBcratlc
coatoaere vlth
foral^iara
21, 026
197
190
299
796
9,555
Depoalta of
reporting banka
Collaotlona
outatandlng
for ovn
•ooonnt aod
dcaratio
onatoaara
361
Latin ^aarloa;
10,962
2,908
10,931
2,920
2,21.7
BollTla
2,891.
1
fc^ll
62,671.
62,592
7,091
17,579
1,239
51,890
117
19,722
1,692
15,958
Azisantlna
Chile
Coloabla
Cuba
Doalnloan Fepubllo
Ouatcaala
Meiioo
letJiarlanle Veat Indlee
7,092
168,187
81.,
780
'•,'.76
167,71.6
81.
,617
I.,
1.76
50,550
929
11.
7,212
l,5l«
Wi,703
82
1
79
Ul
Wl
10,61.1
163
133
1,015
11,057
1,131
665
12,369
2,31*
17,875
1,237
62.1.71
1,325
9
2
520
3,17*
2,715
1,181
12,569
8,263
2
19
19
055
2,822
87
655
831
58
151,1.78
5.61.1.
3,277
71.2
9
26U
228
6
l.,837
68
388
5,973
5,973
83
157,1.72
156,11.7
3,W1
51,719
329
2l.,062
3,1.03
18,535
28,620
18,533
230
ll.,997
28,601
6,1.73
6,061.
6,lltf
6,11.2
7,1.65
6,810
536
2,329
132,566
129,71.1.
5
2,001.
17,1.82
62,1.15
3l',952
311,865
1.593
5,698
2,786
12,890
2,886
1,296
37,278
19,311
736,207
730,563
205,026
170,536
203,523
2,'.75
2,1.75
2, '•75
5,862
5,875
7,387
528
5,86e
5,866
7,123
528
5, '.25
UOl.
13
570
3,030
1,251
8
3,3l'3
163
3
362
21,528
10,372
113,177
1,502
11,093
21,521
10,366
113,171
1,502
11,068
555
1,801
38,165
1.59
20,507
1.360
712
6,1.93
12,1.62
30,931.
31,610
8,lli6
35
2,887
Thailand
Other Aala
8,375
76,031
8,375
75.688
6,1*7
6
1.880
2
6l.'i92
1.13
13,7115
Total Aala
26l.,205
263,51.5
128.309
l6,toi
79,930
10,271
5,788
1.1.61
U
'.,009
5,'>71
391
1,218
306
797
11,976
261.
Panaaa.Pepubllo of
Peru
Salrador
Qniguaj
Tanatnela
Otbar latin «aanca
fc
Surlnaa.
,
n
Total Latin taerloa
1
1,826
Aala!
China Mainlaid
foraoaa
Hone Eong
Ii^la
Indcnaala
Iran
laraal
Japan
Korea, Fepabllo of
Fblllpploea
,
,
20
'•,01.5
9
7
6
6
25
19
38
3l>3
3'i3
38,905
660
605
1,589
61.1
1,502
Other coimtrleai
Aaatralla
Belgl an Congo
U,860
5,791
An^o-EeTPtlan
2,1.16
Oiloa of South Africa.
All other
7,11'.
2,1.06
6,581.
17,658
17.129
Total other ooiBtrlaa.
''l',839
'C,178
1,'>71,99<>
IJBTpt &
3
3
10
126
116
9.116
51
1,569
5.722
722
10
530
529
12,272
1,632
21.396
6,878
2,661
896
'•86,712
262,675
366,1.90
3110,117
139,631
120,657
1.293
Intaniatl<aal
OraDd total
1,611.625
i
[ucjust
)
19%
69
.CAPITAL MOVEMENTS.
Section III - Preliminary Details by Countries
Table 3.- Purchases ax»d Sales of Long-Term Securities by Foreigners during May 1956
(
In thoueao&s of dollars
Treasury Bulk
70
FINANCIAL STATiMEIlTS OF BUSINESS-TYPE ACTrVTTIES.
The financial stateoanta of buslneae-type actlvltlee
accumulation of substantial Inventories, Investments and
of the United Statee OoverntDent which appear In the
"Treasury Bulletin" beginning with the Auguet 1956 laaue
other recoverable assets, may be brought under the regulat Ion
are based on reporte submitted to the Treasury under
iftere they are
Department Circular No. 966, Issued January 30, lSj6, and
reflect Its expanded reporting coverage. These statements
required.
take the place of those previously published under the
caption 'Corporations and certain other business-type
activities. "
as agency accounting systems are developed to the point
capable of furnishing the financial reports
Four kinds of financial statements are called for by
Department Circular No. 966.
They are financial condition.
Income and expense, source and application of funds,
and
long-range commitments and contingencies, to be submitted
Department Circular No. 9^6 represents another step In
the program of comprehensive and Integrated Government
ments will be presented In the Bulletin.
accounting and financial reporting for which authority was
of condition will be published quarterly as before, be-
provided In the Budget and Accounting Procedures Act of
The circular was Issued pursuant to Section n't of
195'3-
ginning with data for March 3I, 1956. Income and expense
and source of application of funds will continued to be
that act (31 U.3.C. 66b),
published semiannually, and long-range commitments and
contingencies will be added on a semiannual basis. The
statements of condition ao of March 3I, 1956, which appear
Regulation No.
August 13,
March
3,
l$k-0,
and
supersedes Budget-Treasury
Issued under Executive Order No. 3512 of
3.
as emended by Executive Order No. 9081* of
l^kS.
separately by each type of activity.
All of these state-
The statements
In this Issue of the Bulletin, are presented In a series of
tables as follows:
In coverage,
Department Circular No, 9^^ requlrea
1.
Summary for specified activities;
aubnlsslon of financial statements by all wholly owned and
2.
Financial condition of public enterprise
3.
Financial condition of certain other ac-
U.
Financial condition of certain deposit
Other activities and
5.
Financial condition of certain trust revolv-
agencies whose operations, services, or functions are largely
self-llquldatlng or primarily of a revenue-producing nature,
6.
ing funds of the United States Government; and
Gross loans outstanding, classified by type
of loan.
mixed-ownership Oovernment corporations specifically Included In the Oovernment Corporation Control Act, as amended
(31 U.S.C.
Sh(,,
funds and Intragovernmental funds;
S56); and all other activities of the Oovern-
ment operating as revolving funds for which business-type
tivities of the United States Oovernment;
public enterprise or Intragovernmental fund budgets are
required by the Bureau of the Budget.
and activities and agencies whose operations result In the
funds of the United States Oovernment;
(jw
:
huqust
n
Vf7()
FINANCIAL STATEMENTS OF BUSmESS^TYPE ACTIVTriES.
Table
Summary of Statements of Financial Condition of Specified Business-Type Activities
of the United States Government, March 31, 1956
1.
(In thousands of dollars)
Public enterprise
fiinds and Intragovemnental fundB
(See Table 2)
Certain other
activities
(See Table 3)
ASSETS
^anks, on hand, and In transit,.
'und balances with the U, S. Treasury
laah In
538
3, tea, Sill
167,381
3,078,581
760,257
15,698
-2,986
3,631,658
759,502
15,698
-2,986
153,838
8,61*3
8,1*31
212
91,063
16,255,618
2,137,010
91,063
16,219,U95
2,137,010
36,123
1,673,19''
3,81iO,627
1,51*3,586
129,608
361,998
3,1178,629
167,919
3113,633
Itnvestanente
Public debt securities (par value)
Securities of vhoHy owned Govt, enterprises
Uhamortlzed premlian, or discount (-)
Other securities (net)
Advances to contractore and agents:
Govemnent agenc lea
•....
Others
|i
.......•.•••
tlnTentorles
Allowance for losses
Less:
Accounts and other receivables:
Govemnent agencies
others (net)
jloane receivable:
Gavemnent ageiules
Others
..•...•••
Allowance for losses
Laea:
Acquired security or collateral (net). .....•.•
...•
Land, str\K;tures, and equlinant
Accumulated depreciation
Less:
Other assets (net)
;
Total aasete
755
3,U77,a20
2,200
2,200
19,191,81*8
10,1*37,7611
253,077
1611,763
159,290
163,808
93,787
955
8,885,OltO
11,086,371
U, 798,669
829,589
551.395
827,285
2,30li
5118,398
2,997
55,!.39,'i67
311,511,536
20,927,931
316,600
876,536
262,858
7li2,lili9
53,71*2
1311,087
77,513
u,8a2
27,U8
50,395
72,398
203,618
70,838
195,077
,318
11*, 318
8,75U,081i
LIABILITIES
'Mccounta and other payables:
Government agencies
Others
•Advances frcm:
Govenment agencies
Others
'Trust and deposit liabilities:
••
Government agenc les
•
•
Others
IBcods, debentures, and notes payable:
Govenment agenclee
Others:
Guaranteed by the Italted States
Hot guaranteed by the Ifaited States....
[All oJier liabilities (Including reservea).
Total llBbllltles
111
li,8l2
1,560
8,5111
lili,887
Uli,887
1,295,628
1,702 ,U9U
1,295,628
1,689,296
13,198
U ,608,802
lt,3'*7,278
261,5211
NET UIViiJiMHlT
Private Interest:
Capital stock
Accunulated net inccxne, or deficit (-).
Total private Interest
I
United States Interest:
Interest -bearing Irwostaent:
Capital stock
Borrowings frcm the U. S. Treasury
Other
Honlnterest-bearlng investment:
•*••
Capital stock
,
•••
Appropriations
•
Capitalization of assets (net)
Other
Accunulated net Incane, or deficit (-)
Depoelta of general and special fund revenues (-)
1511,8117
15li,8li7
19,213,080
1130,773
15,1*79,103
1130,773
1,272,560
20,622,675
10,726,158
10,297,1*611
liS8,69li
3,733,977
1,272,560
7,350,1*55
13,272,220
Ii,2li0,950
-5,58l',7'»3
-877,201*
5,U8,15li
-3,9''0,75l'
-1,6113,989
-21t5,62li
-2,978
-2li2,61l6
50,830,676
30,1611,266
20,666, UlO
Total United Statea Interest
Total liabilities and Inveatzient
55,U39,'i67
3l*,5U,536
20,927,931
56,Ul5,liai
311,105,021
22,31O,UO0
-5,58li,7'«3
-3,91*0,751'
-1,6113,989
50,830,676
30,1611,266
20,666, UIO
-1,699,738
180,825
-1,569,918
375,128
-129,820
105,697
U9, 611,7611
28,969,1177
20,61*2,287
AHAMSIS OF IHVEgiMaTr OF THE IHITEP STATES
Investaasnt of the United States
Accunulated net Incoae, or deficit (-)
Total Investment of the United Siiates Including
Interagency items
Interagency Iteana:
Due from Govemnent agencies (-)....
...>
Dub to Govemnent agencies
Total Investiaent of the Halted statea after
excluslcn of Interagency Items
72
Treasury Bulletii\
FINANCIAL srtamsrrs of business-type AcnvrriEs.
Table 2.- Stateaents of Financial Condition of Public Ekiterprlse Funds and IntraKOvemmental
Ftmds of the United States Government. March 31, 1056
(In thousands of dollars)
:
August
19%
73
FINANCIAL gTATIMHWS OF BUSINESS-TYPE ACTIVTTIES.
Table 2.- Statements of Financial Condition of Public Enterprise Funds and Intragovemanntal
Funds of the United States Government, March 31, 1956 - (Continued)
(In thousands of dollars}
Major national security - (ContinuedJ
Intragovernmental funds
Defense Department
Army Department
Stock
fund
Air Force Department
Navy Department
Industrial
fund
Stock
fund
Industrial
fund
Marine Corps
stock firnd
Stock
fund
Industrial
fund
ASSETS
in taanks, on band, and In transit
Find tsiOances vltta the U. S, Treaaui7
'Casta
309 ,720
1*07,131*
78,262
346 ,340
6,695
403 ,026
393
734 ,817
837
InTeetanants
Putallo debt seourltieB (par value)
Sacurltlea of vhoXXy owned Gort, enterprlaea.
l&iamortized premlua, or discount (-)
Other securities (net)
AdTancee to contractors and agente:
Goveiiment agenc les
....•.•..•...•
Others
•.•.....•.«.•••>•••••••••
Inrantorlee •
Allowance for losses
Lass:
Acooimta and other racelTablee:
GoTemnent agenclea
Others (net )
Loans reoelvable:
•.•....
•
Gorenment e^encles
Others
•
Leas: Allowance for losses...
Acquired secinrlty or collateral (net)
Land, structures, and equljuent. .. ,........•.•.
Less: Accunulated depreclatlcd
Other assets (net)
Total assete
659
5,631
101 ,639
,8+3 .003
2
54,982
61*
20,1*68
,065
1,519,865
211* ,705
,650
83,21*4
51*
51*7
1*31
281
111 ,116
563
9,513
241
4,322
593
3o,256
7 ,597 ,961
480,311
1 ,981 ,700
417,435
511 ,161
1,233,940
,323
6,423
20,758
3,171
30,415
7,730
66,725
7,547
63 ,260
119,316
3,603
LIABIUTDS
Accounta and other paTablee:
Goremnent agencies
Others
Advances frcxal
Gorenment agenc lea
Othera
Trust and deposit llahlUtles:
Goremasnt agenc lee.... ..................
Others
BcDdjB, debenturea, and notes pajahls:
Gorensnent agencies
Othera:
Guaranteed by the UMted Statea
Hot guaranteed by tlie TJblted States....
All other llabintlos (Including reserree).
91i
38,915
5,219
52,647
482
5
857
19
475
k2
Total llabllltlea
,9lt9
176,187
,812
3,636
94,389
41 ,766
939
99,213
37 ,271
169 ,767
7,353
157 ,630
1,970
366,930
fe6
HET UIVJfa'iMHfr
Private Interest:
CapitAl stock
Accunulated net inccme, or deficit (-).
Total private Interest.
•...•.•...•
Ukilted States Interest:
Interest-bearing Investment I
•.*•
Capital stock
Borrowli«s fran the U. S. Treaaary
Other
Honlnterost-bearlng Investment:
....•••........•...
Capital stock
Capltalixatlon of aasete (net)
Other
Accunulated net Inccme, or deficit (-)
Depoeita of gei^ral and special fund revenues (-
7,338,613
19 ,142
1,006,587
689 ,020
240 ,721
-27 ,671
-10 ,000
520,355
271 ,300
907 ,799
6,000
211
83 ,161
-4 ,974
248,821
34,613
-7,051
-97,339
422
Total United States Interest
7
Appropirlatlcne
,1*21 ,771*
381 ,098
1 ,944
,1*28
247 ,668
503,304
1,081,259
6,633
Total liabilities and Inveslnent
7,597,961
430,311
1 ,981 ,700
417,435
511 ,161
1 ,233 ,940
,603
AHADfsis OF MVBjmjgrr OF Tss mrrgp states
Investment of the Ublted States
Acotaulated net inocoe, or deficit (-)
7,338,613
336 ,072
83 ,161
-4,974
1 ,695 ,607
248 ,821
213,050
34,613
510,355
-7,051
1,179,099
-97 ,839
6,211
42?
7 ,421 ,774
381 ,098
1 ,944 ,428
247,668
503 ,304
1,031,259
6,633
-254 ,982
94 ,324
-64 ,724
11,642
-54 ,650
3,171
-83 ,244
7,796
-111,116
52,647
-563
19
7 ,261 ,116
328,016
1 ,892 ,950
172 ,220
1 ,022 ,791
6,089
Total invoetnent of the Uhlted States Includ ing
InteregeDCj ItautB
Interagency Itans:
Due from Govemnent agencies (-)
Due to Gcvemaent agencies
Total Inveatnsnt of the ttalted States after
eicluslcn of lnter«aa°oy Items
(Continued on following page)
503,304
,
'
Tr
reasuni Bullet 1
7"*
FINANCIAL OTAffEMEWrS OF BUSmESS-TYPE ACTIVTriES,
Table 2,- Statements of Financial Condition of Public Siterprlse Funds and Intragovernmental
Funds of the United States Government, March 31 » 1056 - (Continued)
(In thou5*ad8 of dollara)
Veterans' services and benefits
International affairs and finance
Public enterprise funds
Export-Import Bank
Mutual
security
Regular
lending
activities
Public enterprise funds
Veterans' Administration
Intragovt.
funds
General Services Administration 2/
Liquidation
of RFC
assets
Cbnteen service
revolving
fund
Rental
etc.
of
quarters j/
Civil
relief
Assgrs
bonkB, oo hand, and In transit
Fuui balances vlth the U. S. l^easury
Inreetaonta:
Public debt securities (per Talus)
Securities of wholly ovned Gcrt. enterprises
Uumortlted premliB, or discount (-)
Other aecurltlea (net).
Mvancse to contractore and agsnts:
Gorenaent agsnc lea
Others
Inrentorlse
•••
Allowance for losses
Less:
Acoo\aats and othsr recelTsblssl
Guieiijuent agencies
Others (net)
Loans recelTable;
Gorerment agencies
•
Others
AHowanDS for losses
Less:
Acquired security or collAteral (net)
Land, structures, and equlpaent
Less: Acctlaulated dAprsclatloo. .................
Ot^r assets (net)
Caata in
2 ,?ait
U5>
156
1,11*!
2,1*77
1*1*6
1,250
3,702
11
11*
17,51b
295
2 ,634 ,91*7
y
33 ,196
185
l*A09
135
71
2,091*
79
1
Total assets,
2 ,652 ,966
31*
,658
1,11*3
11 ,636
55
1,1*83
1*66
UABIUnE
Accoxmts and othsr pajableel
GoTon^nt agenc les
Others
AdTsnoes fro&l
GorercBsnt ageoc Iss
Others
Trust and deposit Ijabllltlesi
G<7rerment sgenc lee
Others
Bonds, debentures, and notes psjrabl^:
CoTenaent ageno las
Others:
Guaranteed by ths United States
Hot guaranteed by the Ukiited States
All other llabllltlee (Including reserres)
Total liabilities
1*35
1*35
168
5,808
38
19
103
J3lt
261
^
,611*
50
.711*
268
1,190,200
32 ,701
6/
100
500
PrlTate Interest!
Capital stook
Ancmulated net Inooae, or deficit (-).....
Total private Interest
United States Interest:
Intersst-bearlng Investaent:
Capital st4Xk
Borrowings frca ths U. S. Treaswy
Other
Bcnlnterest-bearing inrsstasntl
Capital stook
Aj^iluprlatlcns ..................t.....*.**..*.*
Cspltalltatlon of assets (net)
OthsAcciaulated net Inocae, or deficit (-}
Deposits of general and special f\a)d rsTsmies (-)
Total united States intsrest
Total liabilities sad
7,630
999
-8 ,057
1*12 ,052
-1(27
2,602,252
31*
,390
.%6
31*
,658
2 ,190 ,200
1*12 ,052
31*
,390
2 ,602 ,252
3U ,390
InTestasnt
ABACfsB oTpwrEnyMT OF
2 ,652
2/
1,088
7,955
-238
9.310
1*65
1,11*3
11,636
1*66
1,088
1.355
7,955
703
-238
1,088
9,310
1*65
nglarrm otaie
Inrestaent of ths United States
Acowulated net Inooxi, or deficit (-)••...«.
Total Inrestoent of the Ikllted States including
interagency Iteai
a..........
Interagency ItSBs:
Due frca Gcrerment agencies (-).••.•.•.....••«.
Due to Ooyenaent aganc lea ....•.•••.•••••.«.•••.
Total Inrsstaant of ths tJblted States after
exclusion of Interagency Iteas
Footnotes at end of Table 6.
70.:
356
1 .689
7,630
-8,057
1*35
-11
5,827
-lU
168
131
3U,558
9,1*27
(Continued on followli^ page)
1*65
!£/
Veterans
insurance ^/
:
'
75
Auyust 1956
FINANCIAL STATEMENTS OF BUSINESS-TYPE ACTIVTriES.
Table 2.- Statements of Financial Condition of Public Eiiterprlse Funds and Intragovernmental
Funds of the United States Government, March 31, 1956 - {Continued)
{In thousands of dollars)
Labor and welfare
Veterans' services, etc, - (Cent.)
Pub. ent. funds - (Cont.)
Intragovt.
Veterans' Administration - (Cont.)
Veterans
special term
insurance
Vocational
rehabilit.ation
Public enterprise funds
IlEW
Dept.
Public
Health
Service 8/
Supply
fund
Intragovernmental fimds
HEW Dept.
Labor Dept.
Commerce Dept
Bureau of
Employment
Security 2/
Public Health Service
National Bur.
of Standard 3 Service and Narcotics
10/
supply fund hospitals 10/
ASSETS
Caah In "banke, on hand, and in transit..
Fund balances with the U, S. Treasxffy
80
638
2,1+10
6,160
655
30 ,282
1,320
1,055
226
5,717
2,763
240
544
46
202
65
1
333
166
16
2,392
510
\Z ,768
576
30
1,083
Inves'tziients
Public debt aecuritlee (par value)
Securities of vhoUy owned Gort. enterprlees.
Uoflmortlzed premium, or discount (-)
Other securities (net)
Advances to contractors and agents:
Govemoent agencies. ......•••-•«.•••••••••••
•
Others
•
Inrentories
Less: Allowance for losses
Accounts and other receivables:
Govemoent agencies
Others (net)
Loans receivable:
....•••••••••
Gcnremnont agencies
Others
•
Less: AUovance for losses
Acquired security or collateral (net)
Land, structures, and equipment
Less: Accumulated depreciation
Other assets (net)
16,339
51*0
1
131
42 ,791
5
22
11
51 ,772
69
1,087
41,565
14
308
124
1,117
14
308
58
11 ,727
15
1
Total assets
LIABILITIES
Accounts and other payabler:
Government agencies
Others
Advances frcm:
Government agencies
Others
Trust aai deposit liabilities:
Govemment agenc ies
Others
Bonds, debentures, and notes payable:
•...
Goveimoent agencies
Others:
Guaranteed by the IBiited States
Not guaranteed by the Uhited States,,,.
AH other liabilities (including reserves).
7,019
Total liabilities
48
2,408
91
3,648
320
48
5,000
32,849
450
1,519
134
68
103
276
HET IHVE3IM31T
Private Interest:
•.....•>•
Capital stock
Accunulated net Inccme, or deficit (-).
Total private interest.
United States interest:
Interest-bearing Invoelanent:
Capital stock
Borrowii«s fron the U. S. Treasury
Other
Nonlnterest-bearlng inTeBtanent:
,.•.....•..•
Capital stock
Approprlatlcne
CapitaliBatlon of assets (net)
Other
•
Accimulated aet Incane, or deficit {-)
Deposits of general and special fund revenues (-)
U5,570
-817
17 ,777
46
779
52
462
Total United States Interest
17 ,777
706
44,753
56
779
37,916
Total liabilities and inveetnent
17 ,777
707
51 ,772
69
1,087
41,565
2,392
510
700
1+5,570
10
37,849
6
-817
46
779
1,969
103
187
276
1+4,753
56
779
AMAiasis OF
avjajmiai
'
i
'
of the miith) scmss
Inveetaaent of the ttoited States
Accunulated net inccnie, or deficit (-)
Total investment of the United States including
interagency items
Interagency items:
I>i» frcxn Governnont agenc lea (-)
,....•......•Due to Government agencies
Total investment of the United States after
exclusion of interagency items
Footnotes at end of Table 6.
2,763
124
540
706
44,213
(Continued on folloving page)
462
37 ,916
56
779
35,277
2,072
462
J)
:
Treasury Bulletin
76
FINANCIAL gTAfriMHfrS OF BUSmESS-TYPE ACTIVITIBS.
Table 2.- 6tatei»entB of Financial Ckmdltlon of Public Bnterprlae Fimda and Intrago^w
Funds of the United States Government, March 31, 1066 - (Continued)
tal
(In thouaajida of dollars)
Agriculture and agricultural resources
Labor and welfare- (Cont.
Public enterprise funds
Intragovt. funds-(Cont.
HEW Dept,(Cont.)
Other 21/
Caab lA banks, an haod, Hid In tavoslt
ruKl b&Unoes vlth the 0. S. •DnaMOTT
229
Farm Credit Administration
Justice
Dept.
Fed. Prison
Industries »
Inc.
Fed. Inter-
Fed. Farm
Mortgage
mediate
credit banks
Corp.
88
1
ltJ»92
542
Production
Agrlc, marcredit
keting rev,
corporations fund
11 ,857
61
418
59,524
42,041
5
35 .839
Agriculture
Oept.
Commodity
Credit Corp.
11.999
7,452
IiXT9flteact«
Public dsbt ••ourltles (par Tmloe)
Seeialtlsa of Khali; omsd Gort. entarprKss
TliMiii I1111I pmata, or IKootzit (-)
Other a«ourltles (art)
•••••
AdTaao*« to cantr*ct«K« aaA a^ntal
237
1
O'liiiiliiit
37
2,115
150,000
^enci*«
Others
...•.....•.•••••••••••.••••
liiT«iit«rlee
L0est
99
6,777
52
2,387
5 .6''2 A35
2,136A39
Allonnoe for Icwaee
teootaxt* «id other r«c«lT«hlAel
ruini iiml egenoia*
Othera (net)
Loans reoeiTmbls:
Gvfeiiaaot agencies
.........••••••
8,578
34
2,200
.•...•••.•..•••
Othan
—
764 ,724
AUcMsnoe for lo«
Aoqulred eeourltj or coUAtcreJ (net)
Lazid, rtruDturse, and aqnl^MOt
l«aal
Acovulatad dajreclAtlaD
Leaa:
870,713
164,248
236
3 ,113 ,914
66
179
65
11,980
1
1*3
11 ,600
501
501
398
206
206
116
71
210,427
62,943
66,176
U9l*
20,331
12 ,143
81*7,578
44,969
185,910
7,851,516
••••
1*0
5
16
93
923
3
Others
AdTaooas frtHI
OcTen^Ment a^enolaa
•
...•••••
•
Otbara
Truat and dapcalt llahllltlea;
Q a liMBOt agaoclaa
Othara
B<nd«, dabanturea, and notes pajmblsl
OiiniiBMnt ^Kio laa
Othara:
Suarantaad tijr tha ttiltad Stataa
lot guarantead b7 the Ubltad Stataa
AU other llabiUtlas (Inclndll^ raaarras)
53
7,302
4
22
Other aaaeta (oet)
Total aaaeta
•
5A70
12/
M6
liabhitib
Acoovta and other pajahlea:
C<^iejiakent aeanolea
HU
PrlTata intarvatl
Capital etoolc
AociMulatad nat liio<ae, or daflolt (-)
5
79
m
Total liabilltlea
49,066
191 ,662
71
5
14
550
2,436
27,981
307
VU
371
19U
1^72
363
725 ,210
1,718
227
1,108,561 12/
734 ,790
337
1,379,70b
,,,.
Total prlTate Intereat
Utdtad States Intareati
Intareat-baarlxiE InreatBentl
Capital stock
Bomwliiga frcB tha U. S. Traaaurr
other
noilnterest-baarlne iOTaetiiiitl
Capital atook
100,000
10 ,383 ,000
60.000
Aj^ropriatlou. .••.•......•.....•.....•.•
CapltallxatloD of aaaata (net)
Other
AocunUated oat Inocae, or deficit (-)
Depoalta of ganezml and special ftad refa aa (-)
m
20
212
4.859
63
14.000
31 .350
500,000
11,770
2.400
50.389
13 ,282
-314 ,090
-4 ,011 ,190
Total Uoltad States Intanrt
300
18.859
11 ,780
112,789
44,632
185 ,910
6A71,810
Total liabilities sod Inrastaent
It*
20.331
12 ,143
847,578
44,969
185,910
7,851,516
ABAEfBIS OF
IBTtaiWT Of TBX
UrW)
911/aS
InrastBant of tha tUlted Stataa
Acoi«ulatad net liio(Be, or deficit (-)
Total Inraataent of tha Oaltod States lncludli«
lntarageD07 itaaa
Intaragancy Itaaal
IXe ri iH fliiMil iiml aganoiaa (-)...•.*.•
•••.
Dub to OoTvnaant ^esic las .
;32
4,859
10
62,400
31 ,350
500.000
10A83,000
68
14.000
11,770
50,389
13,282
-314 .090
-4.011,190
18.859
11 ,730
112 ,789
44.632
185 ,910
6 ,471 ,810
-52
. . . •
-2,387
-2,200
-870,713
164
10
51 ,501
Total inrastaant of the Qbltad Stataa aftar
axclualon of Intaraganoy Iteaw
332
rootiictaa at end of Table 6.
(CcntiDaad on foUovli^
16,636
11 .783
P^a)
110,598
44,641
185,910
5 ,652
,598
'
,
August
,
19%
77
FINANCIAL STATIMEBTS OF BUSINESS-TYPE ACTrVTTIES.
Table 2.- Statements of Financial Condition of Public Qiterprlse Funds and Intragovenvental
Funds of the United States Government, March 31, lOSe - (Continued)
^
(In thousands of dollars)
Agriculture and agric, resources - (Cont.)
Pub, ent. funds (Cont.)
Intragovernmental funds
Agriculture Department - (Cont.)
Fed. Crop
Insurance
Corp.
In banke, on haod, and In tranalt
Find balances vlth the U. S. l^reasury
Imrasteects:
Public debt secmrltlee (par Talue ).........,....
Securities of vtaoUy cwoed Oort. enterprises
Umortlted presnlun, or discount (-).•...•...•.•.
Other securities (net)
AdTances to contractxsrs and agents:
Ooremasnt agencies. ..• .•.•.•.«...•...,.........«
Costa
Others
Inrentoriee
•
Less: Allcnrance for losses
Aoomsita mid other recelTablsa:
Gijv e AiMent agencies
Others (net)
Loans recelTable;
Ouieiiasnt agencies
•••...•.•.•.•.•.•
Others
Leas: Allowanoe for losses
Acquired security or collateral (net)
Land, structurse, and equlpnsnt
Less : Acctnulated depreciation
other aasets (net)
Total assets
22
20,053
25
Disaster loans
etc. , revolving fund
680
54,051
157
2,283
3=13
Total Uabllltlee
91
21,066
155,250
3,077
698
93
9
1*89
698
3,693
ma
i]i
vi6MMHH
'
PrlTate Interest:
Capital stock
AocianUated net Inccme, or deficit (-)
Total private Interest
Otalted States Interest:
Interest-bearing Innstaaeat:
Capital stock
Boorrtwlngs frcai ths U. S, Treasury
Other
SoQlntersat-bearlne Inreslaent:
Capital stock
A^xtipx latloDLS ......•..........'....•...•...•..
Capitalization of assets (net)
Other
AccmulBt«d net Inccne, or deficit (-)..........•
Depoelta of general and special fmxL rerenues (-)
ToUa
United States Interest
ABAOfsis OF aiyroiMBn of tbs
205
.WU
364
-106,195
-51 ,306
155,250
buth) simibs
Inrsstaeat of the Oblted Statea
Acoisulated net Inooae, or deficit (-)........«•...
Total Inrestaent of the Oilted States Including
Interagency Itens
Interagency Items:
Due rrcm Gorrerment ^enoles (-)........
Due to Gcvertaaent agenc les .......................
Total Inrestznent of the Qilted States after
exclualoD of Interagency Itessa
Footnotes at end of Table 6.
27,000
96,568
154,552
Total liabilities and InreetiMnt
407
398
238
393
Accotmtfl and other payables:
AdTanoes froal
Gcremaent sgeocies
Others
Trust and depoelt llablUtlLaa:
danxtamat fl^enc lee ..•...•...•. .......... ........
Others
BcDde, debentures, and notae paTable;
GorexsHent agencies
Others:
Suarantaed b7 the Uiltad States
Hot guaranteed ttj the tinted States
All other liabilities (Including reserree)
326
111 ,181
13 ,201
LXABUJTXS
Goveiiment agencies
Others
Agricultural
Research
Ser.
10/
78
Treasury Bulletin
FINANCIAL grAfriWBjrrs of BusiNESs-ryiE activities.
Table 2.- Statenents of Fl nanclal Condition of Public ^terprlse Funds and IntragoiwrnRental
Funds of the United States Government. March 31, 1056 - (Continued)
(
In t-houaands of dollars )
Natural resources
(Continued)
CciTjnerce
-
Public enterprise funds
Intragovernnental funds
Interior Dept.
and Housing - Promotion of water transportation
Commerce Department
Defense Dept.
Maritime acti'ities
Army Department 17/
Inland
Waterways
Corp,
Ship mtge.
ins. 18/
256
28,912
3.988
123
95
9A63
217
6,359
Office of the
Secretary 10/
Vessel operations 19/
War risk
St. Lawrence
Panama
Seaway
Canal
Development
Company Corporation
ins. 12/
ASSPS
In baoka^ on hanl, ax^ In tamall.. ...........
Tvtd bcdADcea with the U. S. 1^*»asur7
Caal)
1,766
25,304
226
5.399
21 ,860
Inrvetaiente:
Public debt securltlea (par ralue)
Secuntiee of vhoUj cwned Cert. flait«z^prlaee.....
UmKirtlced premi\jB, or diecouzit (-)
Other a«curltieB (net)
Mt«do«b to coiztract<3rB axid ^ente:
CoTenaant agenc lee
Others
InrentorleB.
..•.•.....•.....•.•.•....•••
Allcwozice far loflaes
Lesa:
Acooimts oDd other receirables:
CoreriMent agenclee
Others (net)
Loons rsoelTttble:
G a o uiment agencies
..•.•...•.........•
Others
Less:
AUowaxiDe for losses.. .......... ........
Acquired securltj or collAt«ral (Det]
Land, etructures, and equljBtfnt
Lass:
AcciBulAt«d dsprsclaticn
..•.•...•.
Other aasets (net)
Total asaets
20*
6,757
55
8,717
1A91
9U4
1,090
229
1,377
8^.89
180
68
182 ,952
77,371
9,897
681
160,267
1*5
1,988
58
l+,565
707
286
192
12
M6
123
36,257
1*
226
LIABHinB
Accomts and other pajablest
Ocren^nt
aganc lea,
Others
AdTSQoea frtat
GoTen^nt aQeoc ies..
Others
Trust and deposit UsMlitles:
Goremwnt agenc Ies
Others
Bonds, debentures, and notes pajmblet
Corenaent agencies
Others:
SuarantMd l(y the Uiltsd States
lot guaranteed by the Ifalted States
All other llablUtles ( Includlne rsserres)
Total Uabillties
632
1,802
1,525
66
21,511
721
1,533
169
29,589
72U
3,966
300
175
105 J.68
PrlTate interaet:
Capital stook
Aociaulated net Inodie, or defiolt (-)
Total porlTate Interest
Ubltsd Statee interest:
Inters St -bearing Inrvstaent:
Capital stock
Borrowings frtx the U, S. Trsasurj
Other
Boilnterest-bearlng Inrestaentt
Capital stock
Ayyiupi latlcns ...........•.•...•••••.•••.••
CapltalUatlczi of aassts (net)
Other
Acowulated net InccMe, or deficit (-)
Deposits of general and special fU3d rereaiss (-)
Total UUted States Interest
Total llaMntles
md
Inres^sat
ABAPBIS or IBTBIKgT OF TSX
VHtD
37
123
512
130,679
681
160 ,267
1|75
130
32,291
225
123
32 ,291
225
12.U06
123
36,257
226
3IAStS
Imslasnt of
the Oilted States
Acoiaulated net lno<aB, or deficit (-)
Total inrestaent of the Ublted States 1dc1wL1%
Intersgenoy lt€HB
Intersgency Itsas:
l>ue frcn Coremssnt agencies (-)
,,,
Due to Qo ie iuaent agexKles.
•••
Total InrestBsnt of the ttalted States after
eju:lusl<xi of interagency itene
Ibotnotss at end of Tabls 6.
25,21*1
,1*09
37
270
27 ,298
-15,616
123
32 ,291
225
512
130,679
U,682
l;23
32 ,291
225
-217
-6,359
1*5
3.513
3U0
127.833
632
U,686
(Contlnusd oo follavli^ page)
31,979
225
Auqust 1956
79
_
FINANCIAL STATBMEOTS OF BUSINESS-TYPE ACTrVITIES,
Table 2.- Statements of Financial Condition of Public Enterprise Funds and Intragovemaental
Funds of the United States Government, March 31, 1956 - (Continued)
(In thousands of dollars)
.
80
Treasury Bulletin
FINANCIAL arATBMEirrS OF BUSINESS-TYPE ACTIVTriES,
Table 2.- StateiMnts of Financial Condition of Public Enterprise Funds and Intragovemaental
Funds of the United States Governnent« March 31. 1956
(Continued)
(In thoua&odB of dollars)
Coannerce and housing - (Continued) - public enterprise funds
Public housing
program
Public
Housing
Administration
Other aids to housing
Veterans' Administration
Direct loans
to veterans
Housing and Home Finance Agency
Office of Administrator
College
loans
Liquidating
programs 19/
Fed, Natl, Mortgage Assoc.
Management
etc.
^/
Assaers
C«ah Id bauki, on hand, and In trvDBlt
rukd balaivea vlth the U, S. 'Cr^aeurj
TnrnntMnrtn'
Public debt B«curltlea (par T&lue)
Securities of vhoUj turned Ocrrt. entarprlaee
UfcuMortlted proKltia, ca* dlacount (-)
Other eourltiae (net)
Adranoea to contractcn and ag«nt«:
Go ia iiaunt agenc lea
69
53,989
184,863
151
16 ,714
302
895
105
Otiiara
,
i.Tirt
422
105 .606
652
423,598
99,158
238
349
,
77,879
18,577
136,778
Totel aeaeta
••....
356,91(1
609,237
116 A93
1(48
2,380
5,604
579
UABnjTIB
Aooomta and other pajablaai
GoremMot i^eoolea
Otbare
Adranoaa frcBi
Q-i.iM>]iM»iit aeooclea
Othera
Tnwt and depoalt Uahllltleet
Goranaaot aeenciea
Othara
BoBdj, debentiirva , and noxea payabla:
OorenBant a^Hiolea. ,.,.•,•>,.,>•,•,*••,••.
28,361*
13
Othen:
AH
Guaranteed tij the tktlted Statee
lot gwranteed iQr the Italted Statee
oth»r llabinUea (lxioltidl2« reeerrae )
, . .
Total llabillUae
1,864
378
150
30 ,690
8,363
729
68,000
584 ,141
116 ,112
-31*1 ,902
19,711
-2,978
-347
326,252
600,875
115 ,764
356,91(1
609,237
116,493
n
PrlTate Intervet:
Capital vtook
AoonauXated net incxae, or daflolt (-)
•...•.
Total iBTlTate Isteraat,,.
Qnited 3tat«a Interaeti
IM«8««rt-bearlxig Inreataanti
Capital atook
BuiAua lasa ftrm the U. S. Tiuae mj
Other
BoilntereBt-bearliig lureetaantt
Capital etook
A4^ji\^n*lA^lon.
••>•>••••••••••••••••••
unta (net)
Opltalltatlan of
OtiMr
AooiMulAted net lnocae, or daflolt (-)
Dspoalt. of gMieivl ud apMlal f<s>l
mwBBs
TOPtal
OUtM
State, Intanirt
id Inreal—nt
iJWBJWT OF iHz oreaD ar/ms
iDVMtBnlt of the
Oiltait State,
Aco\BuIated net Inocne, or deficit (-}••.•.•.•••••
Total
Umataent of
1,000
362,12U
237 ,030
(-)
Total llabllltlea
tMtssBia OF
668,154
581 ,163
116,112
-341 ,902
19,711
-347
326,252
600,875
115,764
448
2,380
579
326 ,700
603 ,255
116,343
the Uilted States Including
Intera^noy lt«a0
InteraguiCT lt«w;
Dub frcB Ocrement agenole, (-)........
Ih» to OoremeDt agencies.....
Total Ijmstasot of tbe DOlted States after
eiclualcn of Interagenor Itea,
FOotsotas at end of Table
f>.
551
347
1,533
Xowotorles •.,.•,,••*••.,•••,•,••••••••.
Leaai
AU^Mvnoe for loesea
Aooouita and othar recelrablaa:
GoTcnaent agenolaa
OtlMre (nat)
Loana raoelTabls:
Goranaact ageoclea
Others
Laae: Allowaaoe for loeaea
Aoqolred aecurltjr or collateral (net)
Land, atructuraa, and equlpaant
AccianilAted depsvclatlcn
Laea:
Other a«Mt« (net)
386
61,878
>
Special asst.
functions
Federal
Housing
Administration
l
:
August
19%
01
FINANCIAL OTATEMHTrS OF BUSINESS-TYPE ACTIVITIES.
Table 2«- Statenents of Financial Condition of Public foterprise Funds and IntragovemMntal
Funds of the United States Govemrooit, March 31, 1056 - (Continued)
(In thousands of dollars)
Coininerce
and housing - (Continued)
Other aids to housing - (Continued)
Other aids to business
Public enterprise funds - (Continued)
Federal Home Loan
Fed, Sav, and
Loan Ins. Corp,
Beink
Revolving
fund
Board
HOLC (liquidated)
General Services Administration 26/
Interior
Department
22/
Small Business Administration
Small defense
plants
activities
ASSBTS
Caab In 'baoks, on hood, Kid In tavnelt
Fuul balances with the U. S. "Qrvaauiy
Invealaonta
Public debt aecurltlee (par Talue)
Securities of vhollj (wned Gort. enterprlsea
Uumortlsed prmlm, co: discount (-)
Other securities (nst)
•
MTsnces to contractors and ^enta:
Gorernaent agencies
Others
•
Inrentorlea •
.....••...•.•.•.•.•..••...•
•
Lees: Allowance fco* loeaaa. .•...•••.•••••...•••
Acoouita and othar recelrablaax
Go ie iiMcnt fleanclaa ••......•.•.•.•.•.•.••••«.....
Others (n«t)
•••....
Loans rsoelrable:
GcFTenvent agenclaa .•.....••••••••••••••••••
Others
Less; Allowance for loaaea....... ••••••..••••
Acquired aecurlty or collataral (net)
•.«
Land, atructurea, and equliasnt
•
Less: Acciimilated depraclatlcii.
..•••
Other aoseta (net)
Total aaaats
..•••*•••••••••.••••••
3,333
58
1,151
231*
631+
6,081
17,832
1*0
821
1,079
6,919
39,091*
1,256
2W,690
-1.015
1
1A77
10
557
3,630
305
728
56,756
2,206
I*
363
71
71
98
202
202
257,976
879
11
12
21
180
12
11*0
11 ,131
5,167
2
123,005
13,703
1*66
652
631*
13,1*72
137,51*6
97 ,862
51*
778
91
267
1,306
2
2
1,369
LIABIUTIB
Accomta and othar paTsblas*
Gcnrerment aganc lea. ••...•••••••••••••. ••••-•••••
•••
Others
•
AdTanoea fr^:
GoTenaent agsoclaa..
•
Othsra
Trust and dspoalt liabilities:
Giivsimaut agwnr laa ••••••••••••••••••••••••••
Others
Booda, debentures, and notes payable
Goremaant a^anclaa .•.•.••..•.•...•••••••••••••••
Othara:
Cuaraatasd I7 the mited Ststea
lot guaranteed br the Ikltad Statee
All othar llabllltlaa (Including raserras)
11, 991*
538
Total llahlUtlea
12,040
379
Bg
I
367
259
11
1*99
in*
631*
361*
1,971
181*
631
3,957
1,066
iHvijmiyi
'PrlTata Interest;
Capital stock
••••••••
Aocwulated net Incttte, or deficit (-)....•••••••
•...•••.•••
Total prlTata intaraat
anted Statea Interest:
Interest-bearing Inrestaeoit:
•••
Capital stock
Borrowings frm the U. S. Trsasurr
Other
lonlntarest-bearlng l iiii ietii n t:
Capital stock
•
9\,S\1
58,109
'
1*6,891
1,500
3,612
-8,203
-131
12,81*1
133,589
96,797
1,369
13A72
137,51+6
97,862
1,369
17,366
,525
129,977
3,612
105 ,000
-8,203
1.500
-131
96,797
1,369
129,977 28/
Ajnirop8*latlcna •••••••••••••••••••••••••••>•
Capltallxatlcn of aaaeta (net)
Other
AcoiKulAted nst InocBS, or daflclt (-)
Depoelts of geiwral and special fuid rsTemes (-)
Total United Statea Interest
Total liabilities and VanBttmtA
17 ,366 22/
191 ,089
21*5
io7
-1*
,936
257,976
879
631*
,525
ABAgSIS OF HWEMMBW' 0? TSZ aUTjSD 3IA33S
Inrertasnt of the Italted States
AcouBulated net InooM, or deficit (-)
Total inreatasnt of the Oil ted States Including
lat«ragei»7 Iteaa
Inter^ency Iteae:
Due frcD Gcrveraent agencies (-)....
Due to GoremBSnt agencies
Total Inrest^mt of the tblted Statea after
exclusion of Interagency iteoiB
rootnotee at and of Table 6-
51* ,81*7
-I*
191,089
12,81*1
133 ,589
-1*0
-2,298
23
-10
160
21*5,95^
15:
12 ,801
2U5,936
(Cootlnned on follovl:^ P^^)
-112
1*21
778
131,712
97,575
1,257
j
82
Treasury
BuUem.
FINANCIAL STAnMHTTS OF BUSINESS-TYPE ACTIVITIES.
Table 2.- Statements of Fl nanclal Condition of Public Enterprise Funds and Intragovemnental
Funds of the United States Government. March 31, 1956
-
(Continued)
(In ^houoanda of dollars
ir^rce ana r.ous;:.Jtr.er
aids to tus:
Public enterprise l^ind3 - (Continued)
Defense production cuarantees
Treasury Dept. »Ofrice of tne Secretary
red. Facilities Reconstruction
Corporation
Finance Corp, 31/
Smaller Har
Plants Corp, Jl/
RFC liq. World
War II assets
Atocdc Energy
Comission
Com.
Dept.
Air Force
Dept.
*3a»rs
Caah In b«zilca, on hand, aod In tawlt
rind bolAncea vltji the U, S. 'Cr^^mwrj
InToateoDta;
Public debt aecurltlee (par tkIub)
Secuntiea of vhollj <wned CiTrt. eDt«rprl0eB
t^iiMi'n t.itad preBliB, or discount (-)
Ot^r aecurltlea (net)...
Adraaoaa to cootractcsv and aganta;
G-jieiiaant aganc lea.
•
Othara
Inrentorlae.
Leaa:
AUowance for loasas
Acoomta and other recelrabl^e:
riimi iiiiil agenc lea
Ottera (Mt)
Loana r»celTabl«;
Oorerfsant agenclea
.•.....••...•....
Otbsre
Leaa: Allovanca for loeaea
Acquired aacurltj or collateral (nat)...,..,.,.,...
Land, atructurea, and equlinant
•...•••••...
AcciBulatad depraclatlcct
Leaa:
Other aaeata (net)
Total asaata....
1,539
8,886
2U,1*95
1*13
51*
17 ,570
1*,065
801
28
3,109
87
121 ,513
1,005
26,853
2,251
671*
51*
6,331
'*5.0H7
32,1177
10
3,013
1*,751
A76
i'y7,nan
170,97l(
U9
3,897
66
71
569
29,61*1*
UABUJITE
Accomita and othar pOTablea:
GoTanaant agenclea.
Othera
AdTanoea frca:
31
165
GoTen^Qt ^eoc lea
Othara
Truat and lepoalt llabllltlaa:
a<ji ai laent aganc lea
Othara
Boida, dabanturea, and ootaa pajabla;
G-Lnaiiaant agaoclaa
Othara:
Suarantasd trj the Iblted States
lot guLranteed bj the Ikltad Statea
All other liabllltlea (Inclndlne reaerrea)
1*3
31
1*
135
l,y*b
Total llabllltlsa
1,91*9
250
PrlTate Intaraat;
Capital atoci
AccxBulatad net lnc<ne, or deficit (-)
Total prlTata Interest
anted Stataa Intaraat:
Xntaraat-bearlng Invaateent:
Capital atock
BoTTf^rlnga frcM the U. S. Traaaury
Other
Boalntarvat-bearlng inraateent:
Capital atock
100,000
33,200
69,026
-37,632
Approjn*latl^aa. .....•...............•.•..•..•
Capltallaatlcn of aaaata (nat)
Other
Accianilated net Inccaa, or deficit (-)
Dapoalta of general and apaclal fiad raramea (-)
1^3.057
Total United States Intaraat
103,057
169 ,026
Total llaMlltlas and Inraataant
L'7,6l^
170
AHAPSIS or IBVgJlMgr OF
mg
ZJ
29,391*
,971*
_Z/
161
3,SS6
29,391*
161
8,386
29,61*1*
161
THITB) STAfflB
Inreateent of the tlilted Stataa
Aca\aulated net Inotne, or deficit (-)
100,000
69,026
TotAl Inreataant of the United Statea Includli^
Interageocj Iteaa
l.-'3,057
Intervene/ itaea:
Due frca Goverment aganciaa (-)
Dyx to OoreiTBent aganclea
-U
•
.iib5
38,200
29,391*
-37,632
3.836
29,39**
-26
96
8,-; 36
31
Total InreatiBant of the Ckilt«d Statea aftar
excluelcn of Interagency Itena
.:9,1*75
rnotnotaa at si^ of Table 6.
(Continued on foUnrli^ poea)
3,3
.
'Aitqust
19%
«3
l:
FINANCIAL STATIMHrrS OF BUSIHESS-TYra ACTIVITIES.
Table 2.- Stateoents of Financial Condition of Public ^terprlse Funds and IntraKOvermoital
Funds of the United States Govemment, March 31, lt)66 - (Continued)
(In thousaiids of dollara)
Cozzfirce and z.ousin^ - tCon^inued;
Civil defense
Other aids to business - (Continued)
P^afclic
enterprise Tunds
-
(Cent.)
Defense production guarantees - (Cont.J
Intragcvemnental
f'onds
ConzLerce Deo*,.
Educat
tion, and Velfare Dept. 32/
Healtr.
Army
Na'.'j'
Dept.
Dept.
Ileneral Ser."ices Adnin.
Working
capital find
Public enterprise funds
Treas, Dept
Federal Civil
Defense Addn, Office of the
Secretar;.-
ASSgPS
I
lA bankfl. on taaod, and In trfnsl^. •.•.....
P\Ad balancee vlth the U. S. 1^<Baaiff7
Inreetaanta:
Public debt 8«curltiee (per taIob)
Securltlea of vtiolij amed Ocrrt. entorprlBee.
Oiaiartleed pmixn, or discount (-)
Other securities (net)
MTSDoea to cootroctorv and agents:
Gorarmsnt agenc lea .........•.•...•••••••••••
Others
Inrentorlsa •..••.•.•••••••.•••••••••••>•.
Less:
AUowaace fco* lessee
Acooimts 8z)d other recelTablea:
Go ie iuuent ^enclea
Others (net)
..••••
Iioazie reoelTsble:
G- u fe xuaent agencies
..•.•.•.•••....
Others
Leas; AUcwaooe for losses
paired security or collataral (i3et).. •.•••.«.
Jaod, structuree, and equipnent
•...•••.
Accmulated depreciatlan.
Leas:
3ther easeta (net)
Casta
f otal
easeta
3,136
3,731
3,6lD
800
3,571
im
1,762
1,762
25
50
120
171*
12
2,66S
3,211
2,032
k33
217
5,303
c,903
,c*
3,628
2 ,C--J
UABIUTIE
Accomts and
orther pajablee:
OoTeriBent agencies.. ......•.•
Otters
5
95
133
^TSDoes fr^:
G<7remBixt agsociea...... ................
Others
Croat and deposit llabllltlea:
Go i sxuMPPt ^eoc ies
..•.•...•.....
Others
Boads, debentiova, and ootea pajabla:
G^ l eiuaent ageaclea
•••••••
Others:
Cuaranteed by the mitad States
Hot giaraixteed bgr the Till ted Statee....
Ul other liabilities (ijlcladlng reserres).
total llabilltise
1,000
L,000
frlvata Iziteraet;
Capital stock
Aoctvulated oat ixcxne, or deficit (-).
Total prlTSte Interest
3nlted States interest:
Interest-bearing Inreatasnt:
Capital stock
Borrcwlngs frts the U. S. TreasTir7
Other
Boninterest-bearing liiiiiiilMiiit
Capital atock
•.•.«.•
A^roporlatlcQa ....•..........•.•••••••••*••
CapltalHatioo of asseta (net)
•
Other
Accifulated net IncCBS, or deficit (-)...........
Depoelta of general and special fvxid rereiBiea (-)
1,930
225
5,000
21*8
4,308
6,993
3,628
,993
3,623
5,SCS
0,993
4,333
4,308
Total United Statee interest
total liabilities and inresOBnt
219
559
3,628
757
,»t
7,D95
2,063
3,628
348
219
225
559
5,000
c,993
1,930
122
6,993
3,628
2 ,J?2
AHAgsis or argiacBT or tsz mith) svias
Inrestasnt of the Halted States
Accisulated net Inoaae, or deficit (-}
total Inreet^nt of the Oiltad States includl]«
Interageocj itcae
Interagency it^ae:
Due frcD C^TTemsnt ^enclea (-)••••.•...•...•
IXie to Gcrrennent agencies... ...•...•.•.• .....
total Inrsa^ant of the Qilted States after
ajcclualoD of interagency iteae
footzkotee at and of Table 6
567
-224
3,d28
(Contlnnsd oo follovlng
p^e)
343
2rJi2
-1,7g2
2,095
^/
8iV
Treasury Bulletin
FIHAHCIAL arJO'BMBIITS OF BUJSJXESS-TCVS ACTl VITUS.
Table 2.- State
nts of Financial Condition of Public ^terprlse Funds and Intragov«m*ental
Funds of the United States Govemaent, March 31. 1056
(Continued)
(In thouaanda of doHjLTB)
CoQ. and housing - (Cont.)
Disaster loans
General f^ovemjnent
Pxiblic enterprise funds
General Services Admin,
Pub. ent. fund
Snail Business
iSaBXnea
Public
buildings
2b/
LafOdette
SUtg., Ueetaington, S.C.
221
on hand, aod Is txacMlt
balaocee vlth t^ U. S. Txvewrj
InraateeDta:
Public dabt sacurltlee (par raloe)
Securities of vhoLlj owned Ocrt. entarprlsea
Ttirintlriil preodua, or dlacount (-)
Other securltiee (net)
AdraDoee to copti ac torB and ogeirta:
G^ore iTant agancles
•
Others
lorentorlea •>••••••••••••••••••••••>••
Less: AUoMDoe far loaoea
Acoowta md ortiier recelTablaai
riiiiiii iiHiT ageoclee
Ottkere (net )
Loaoe reoelTable:
Gof eiTMBnt aeenclea
Othera
Laaa: AXLovance tor loeaea
Acquired eecurltj or collateral (net)
Land, atructureaf and eqal eot
Leaa:
Accomlatad depreclaticn
Other aaeeta (net)
Caafa In baidca,
rmd
f
Total aaaeta
LXABUJTIB
Accomta and other paTahlaat
GuveiiABzit aeanclea
Others
Ad Tanoea
frot
GiiieJUMot a^tmc lea
Othen
Trust and deposit liaMlltiee:
CoreraMnt agenc lee
Othare
Bonds, debenturoa, and notea pajabl«:
Himii iiiiit agenclea
Others:
&\Arent«ed bj the Halted States
lot gmrant«ed hj the Iftilted States
All other llabintles (iccladlne raserrsa)
Total Uabilltles
KT U VBmTr
I
FrlTats IntsTvat:
Capital stock
AociMulatad net lnc<ne, or deficit (-)
Total prlTsts Intersat
Qblted Statea Interest:
Intarast -bearing Inreutaanti
Capital atock
Dui iuw lnga trrm the U. S. Treasurr
Other
Boalnterest-becu-lne Inreuttinti
Capital stock
'
ApiuYijirlatlone .
......•..•••>••••••••••••
CapltallmatloD of asseta (net)... ....... .......
Other
Acowulated net Inocae, or deficit (-)
Deposits of general and apecl&l fxnd rerenuea (-)
Total Ikxlted Stat«a Interest
Total Uabilltles and inrsataant
ABADfsis or
mTEngrr
or tsz onTg) arAns
lorestaent of the Halted Statea
Acoiaulatad net Inotne, or deficit (-)
Total inreataent of the Ikilted Statea Includlx^
InteragencT ItaBB
Int«T«ganc7 Itaaa:
Due froB Go va i Tuent aeeoolea (-)..*j*...
Due to Goieiuaant agencies
Total inreataant of the Tkiltsd States aftar
axclualon of Interagency Itsas
fbotnotea at eod of Table 6.
3
111
9,831
1,186
35
21
11
Interior Departnent
Office
Virgin
of
Islands
Territories
Corporation
w
Treasury DepartnieTit
Bur, of Accts.
Govt, losses
in shipi&ent
Treas. of U. S.
Check forgery
ins . fund
,
85
August 1956
FINANCIAL gTAffEMHWS OF BUSINESS-Trra ACTIVTriES-
Table 2.- Stateaents of Financial Condition of Public Enterprise Funds and Intragove
Funds of the United States Government, March 31, 1966 - (Continued)
tal
(In thousands of doUiirs)
General government - (Continued)
Intragovemmental funds
Civil Service
Commission
Account
Investigations
General Services Administration
Buildings
management
fund
Construction
services
public bldgs.
supply-
Working
capital
fund
fund
General
Leg. Branch
Treas, Dept.
Government
Printing
Office
Bur. of En-
graving
and Printing
ASSBTS
Casb In beoilu, on hsnd, and In transit
Fold balances vlth the U. S. 'treasury
3.786
1,600
13
311
310
9,385
299
12,074
117
9,782
13
3,977
Ijrreslziante:
Public debt securities (par value)
Securities of vboUy (^roed Govt, enterprises.
Uismortlzed preml\m, or discount (-)... ......
•
Other securities (net)
Mraiues to contractore and agents:
GoTemnent agencies ...........•..•••••••••••
13
Otiiers
Inrentortee
Allowance for losses
Less:
Accounts and other recelTablea:
Gcrenment agencies
Others (net)
Loans recalTable:
>
•
23 ,969
53
158
886
Gorerment ^encles
52
6,887
26,392
2,738
919
206
1,303
1,569
21,821
5,988
26
7,558
2,367
59
5
25 ,188
30,586
5,136
251
«....
Others
Less: Allovance for losses
Acquired secinrlty or collateral (net) •...•.•.•.
Land, structures, and equl^nent... ••.•••
Loss: ^emulated depreclatlcsi.. •.•••...•••
Other aaaete (net)
428
227
Total ass«ts«
5,227
152
73
9,500
92
1
23 ,206
157
70,728
338
58 ,002
9,385
86
9,039
52
5,052
33
.^l
UABUJTIE
AecotmtB anl other pajablesi
GcnrerxBkent agoociee .....••••...••••••••••
•••••••••
Others
AdTenoes froa:
GoTsnsoent agencies
•
Othera
Trust and deposit llabllitlea:
••
•
Goremiient agencies
Others
Boods, debentures, and notae payable:
Gcrenment agencies
Others:
Guaranteed bgr the Oil tad States
lot guoanteed b7 the Oilted States....
All other liabilities (Inclailng reaerres).
61
2.222
11,197
681
65
2,189
1,005
20
Total llabUltlee
HKT
188
18
566
153
11
607
1,309
237
265
2,155
1,585
1,191
16 ,182
323
23 ,566
111
9, •'99
1,339
it.ooo
3,500
1,121
1(1,000
50
195
1,000
13 ,677
3,926
3,250
22,001
8,939
212
UIVJ&jiMjari'
Private Interest:
Capital stock
Aocunulated net Incooe, or defloit (-).
Total ptrivate Interest.. •..
OoltAd States Interest:
Interest-bearing Inraataaent:
.................•..*..
Capital Steele
BooTowlngs frao the U. S. Troasxjry
other
Boolnterest-bearlng Inresteent:
•....••.......
Capital stock
Apppojrlatlcns .,......••...................-•••
(net)
CapltalUatlon of aaseta
Other
Accimulated net Inocna, or deficit (-)
Depoalts of general and special fimd reranues (-)
Total United States Interest
...»
Total liabilities ai^ Inrestaent
AHAgsis or nivaimBrr or tss
Inrartmnt of the mited States
Total Inroetjaent of the ttolted States Including
Interagency ItsHB
Interagency Itens:
Due frcin Guw e iuuent agencies (-)
••
Due tc Go fe iujent agetocles
Total InrestBant of the (blted States after
ezclualon of Interagency Itaaa
at end of Table 6.
-900
131
1,929
l*,035
7,021
131
17 ,163
221
18,603
31,102
5,227
23,206
157
70,728
333
58 ,002
38,711
1*,000
35
7,921
-900
131
15,233
1,9?9
215
-20
11,677
3,926
31.190
212
1,035
7,021
131
1-',163
ama) amBS
Acoisulated net inoooe, or deficit (-)..........
rootoorte
35
1,233
-158
-886
18
3,167
221
18,603
31A02
-60
-7,558
1,193
-2 ,380
518
161
12 ,238
32,510
11 ,197
7,02l(
-21
61 ,360
u
.
'
26
Treasury Bullet n
FINANCIAL grATEMEHTS OF BUSINESS-TTPE ACTIVITIES.
Table 3.- Statements of Financial Condition of Certain Other Activities
of the United States Government, March 31, 1956
(In thouaands of dollars)
Ifajor
natl.
sec.
Defense
Dopt.
Mutual
secxirity
Loan
program
Army
Dept. i/
Caah in baoka. on han^. a^ In transit.. .....,.•..
ruiii balances vlth the U. S. 'Qreasurr
Labor
and
welfare
International affairs
and finance
Promotion of
water transp.
Agriculture Dept.
Treasury
Department
Misc. loans
and certain
other assets
Farmers
HEW
Dept. 2/ Home
Administration
538
9.825
3U3.633
Commerce and housing
Agriculture and
agric. resources
Rural
Electrification
Admin.
238
281
87,587
34,800
Commerce Dept.
MaritijDe
Community
development and
facilities
1/
activities
19
211
A21
InrestanBnte:
Public debt securities (par value)
Securities of vtioUy cwned Gcrt. enterprises
UuB&ortized premiim, or discount (-)...
Other securities (net)
•....
MTsnoee to contractors and ^enta:
Gorermont agencies
Others
iDrentorles
Less:
Allcwanoe for leasee
Accounts and other recelTablesl
G o ve j uent agenciea ................4
Others ( net )
Loans reoelTable:
GorertBent ^encles.
Others
Lesa: Allowance for loeees
Acquired security or collateral (net)..........,,..
Land, structures, and equlpnsnt..,.,.,.,.,..,,.,,..
Less:
Accxnulated depreclatlcc
Other aaseta (net)
Total aaseta
755
3 ,477 ,820
3A77,820
450
305
38
36,085
y
212
212
36 ,123
129 .608
12 ,650
3A78,629
8,75li,08l|
93,787
955
1*
5,057
U,604
1
,831 ,702
128 ,934
3,304,927
3,550,955
2,052
22
A/
197
±/
606
19,558
876
652.570 2,378,699
83.935
3,196
936
251 ,001
83A94
,798 ,669
2A34
2,304
2,997
2,3C»(
20,927,931
651
117,700
22 ,721
2A77
520
1(53
1 ,854 ,177
10,460,59(
803
19
4,796,235 2/
681 ,278 2,528,285
84,388
5,317,964
LIABILrmSS
Accounts and other payables:
Gcnrercment egenc les
OtlMra
AdTsnoes frca:
GcTemasnt agenciea
Others
Trust and dapoelt liabilities:
Goremnent agenc las
•.,..
Others
BcDds, debentures, and notes pajabla:
Goreraaent agencies
Othera:
Guaranteed b7 the Ublted Statea
Rot guaranteed bj the Uilted Stataa
All other liabilltlee (including reaerres)
Total llabUities
780
20
41.321
53,7U2
134,087
11
M7
561
50,395
50,395
1,560
8,51(1
664
6.482
209
8
470
2,051
7.969
12 ,226
199 ,ai
13,198
261
194
133,506
13 ,195
,521).
41 .321
3,733,977
1,204,699
197
Wig UIVBJlMHfT
PrlTate Intereet:
Capital stock
Acc\iBulated net inccne, or deficit (-)
Total prlTate interest
United States interest!
Interest -bearing InrestBent:
Capital stock
Borrowings Ttrm the U, S. TreaauXT
Other
Bcnlnterest-bearlng Inrestaent:
Capital stock
AppropriatioDB .....,,
Capit&lixaticn of assets (net)
Other
Accwulated net Incone, or deficit (-)..,..
Dspoaits of general and special fmd rsTemies (-)
13,272,220
5,057
634,991
208.267 2 ,321 ,011
10,311,155
876
1(28,691*
5,118,151*
-1 ,643 ,989
-242 ,646
-4.604
-2b ,833
Total United States Interest
20,666A10
1(53
1 ,812 ,857
10
Total liabilities and Inrestasnt
20,927,931
U53
1 ,854 ,177
10
22,310,400
-1,643,989
5,057
-4 ,604
WO
453
406 A66
428.694
242,488
1 ,671 ,187
5.118.154
8/
149 ,429
-271
MO. 584
MO, 584
606
673 .309 2,516,059
5.118,154
84,388
803
681 .278 2,528,285
5,317,964
84,388
10,311,155
149 A29
876
-271
802.341 2,561,940
-129.031
-45,881
5,118,154
-26,833
1 ,812 ,857
10A60,584
606
673.309 2 ,516 ,059
5,118,154
-129.031
-241 ,087
-45,881
-1,559
-1,586,798
AHAPfSIS OF UIVBJmHfl' OF THE OlirED STTAgE
Inrestaent of the tjhlted Statea
Aco\aulated net inoaae, or deficit (-)......
Total inrestuKnt of the Uilted States includli«
Intersgei^y it«ae
Intere«enc7 Items:
Due frca GovemDent agencies (-)
Due to GoTBmaent agenc lea
Total InrestBent of the tkilt«d Statea after
exclusicn of interagency Iteow
Footnotes at end of Tabis 6.
20 ,666
-129 ,820
105,697
20,at2,287
1
,839 ,690
-128,934
41,321
453
1,854,177
197
10,331.650
803
1 ,671 ,187
-1,586,798
-22
-1
-863
1M4
11 ,656
51 ,059
674.752 2,527,715
5,168,349
at ,388
84,388
1
:
August 19%
«7
FINANCIAL
STArmmrS OF BUSINESS-TYPE
ACTIVTriES,
Table 4.- Statements of Financial Condition of Certain Deposit Funds
of the United States Government, March 31, 1056
{In thousands of dollars)
Total
ASSETS
Ca3h In banke, on hand, and In trenslt
Fuid balances with the U. S. I^reaeury
W,91t2
ll^,537
Inreetanents
Public debt aecurltleB (par value)
SacurltieB of wholly CTmed Gort, eoterprlees.
Itiamorticed prenii\ia, or discount (-)
Other securities (net)
AdTancee to cootractorB and agents:
Gcrremnent agencies
•
Otiiere
•
Inrentorles
Less: AUowance for losses
Acoounta azMl other recelTables:
Goremnent agencies
Othere (net)
Loans reoelTable:
•...••
•
Gorenaent ^enc les
Others
Less; AUovance for losses
Acquired security or collateral (net)
Land, structxavs, and equlpaant
Less: AccmmlAted depreciation
Other aaseta (net)
•
Total assets
.*.••
LIABILITUK
Accounts and other payables:
Goremnant agencies
•
Others
AdTsncee froa:
Gorerment agesules
Othere
Trust and deposit liabilities:
Goremaent agencies
Others
Bonds, debentures, and notes payable:
Gorezment agencies
Othere:
Guaranteed by the Tblted States
Hot guaranteed by the Iftilted States....
All other liabilities (liKludlng reeerres).
Total llabllltiee
Hgr
mvBnqarr
Private Interest:
••••
Capital otoolc
Accunulated net incaao, or deficit (-).
Total porlTate Interest.
Dkilted States Interest:
Inters St -bearli^ Inreetasnti
Capital Steele
BorrowlJigs fron the U. S. Tteamory
Other
Benin te rest -bearing lnrestaentt
Capital stock
Appropi l atlcpa
Capltallxatlon of assets (net)
Other
Accmnilated net Incase, or deficit (-)
Deposits of geivral and special find rerenoes ('
Total United States Interest.
Total liabilities and Imeslaent.
Treasury Balletii
6B
FINANCIAL STATEMENTS OF BUSINESS-TYPE ACrXVlTIES
.
Table 5,- Statements of Financial Condition of Certain Trust Revolving Funds
of the United States Government, March 31, 1956
(In thousands of dollars)
ClTll
Serrlce
CcBBlBBlon
Total
ASSETS
Cash In banks, on band, and in transit
Fund balances with the U. 3, Treasury
^iployeea *
life
loaurance
fund
76,160
l.lilO
1,^95
l,l»95
General Serricea
Adolnlatratlon
Franklin D.
PoOBCTelt
library
funl
195
National
archlTea
trust
fund
38
Hou3lng and Hooe
Finance Agency
Fed. Natl. Mortga^e Ageoclatlon
Secondary
market
operatlona
7"., 077
Defense
Deparlanent
Army
Deparlanent
united States
Soldiers ' Home
revolving fund
Treaaury
Department
United States
Coast Guard
CoDBUted
ration meea
fund
25
1»15
28
11
120
InTeetinents:
Public debt securltlee (par value)
Securltlea of whoUj' owned Oovt, enterprises.
Itoamortlred premium, or discount (-)
Other securities (net)
Advances to contractors and agents:
GoTemnent agencies
Others
Inventories
Allowance for losses
Less
Accounts and other receivables:
Covemnent agenc leo
Others (not)
Loans receivable:
Govemaent agenc lee
Others
Allovsnco for losses
Less:
Acquired security or collateral (net)
land, structures, and equlpnent
Less:
Accinulated depreciation
Other assets (net)
3
11
157
:
7,^13
7,078
607
11.
6
590
155,9»*i*
329
155,9't''
U,922
6
22
I.,
322 1/
6
18
k
70
Total assets
236,963
70
9,999
212
225,771
5".
875
LI ABILITIES
Accounts and other payables:
Covemnent sgenclos
Others
Advances fron:
Covemnent agencies
Others
Trust and deposit liabilities:
CoTomiaent agencies
Others
Bonds, debentures, and notes payable:
Govraiicnt ageiulee
Others:
Guaranteed by the Uiiltcd States
Not guaranteed by the UUted States....
All other liabilities (including reserves).
1
1
87l»
87''
100,000
667
100,000
660
Total liabilities
110,506
8,053
5,228
2,378
2
i.,7te
1,91*6
207
'.3
78
7,606
1,91.6
207
"•s
11,820
126
8,836
128
8,053
1.38
339
102,100
339
WET iKVEgmafr
Trust interest:
Principal of fund
Accuniulated net inconr, or deficit (Total trust interest
united States interest:
Interest'bearlng Investxtent:
Capl tal Btoc k
Borrowings from the r. S. Treasury
Other
Nonlntereot-boarlng inveetskent:
Capl tal stock
Appropriations
Capl tnli cation of assets (net)
Other
AccuBulatted n/*t incooe, or deficit (-)
Deposits of general and special fund revenues
92,820
25,708
82,820
25,708
323
323
Total United States Interest.
118,851
236,963
Inclm)
y
UI.3
52
536
51.
875
93
(-)
Total liabilities and investanent.
1,'
Ul
118,851
9,999
-jnroallzod purchase diaccitito omountli^ to $U,81«3 thouaand
52
•
Lres than $500.
225,771
:
Auifust
:
.
19%
«9
FINANCIAL SrATBMEKTS OF BUSINESS-TYEE ACTIVITIES.
Table 6.- Gross Loans Outstanding, Excluding Interagency Loans,
March 31, 1956, Classified by Type of Loan
(In thouBande of dollars)
Putllc enterprise funds
intraeoTcmmental funds
Type of loan and lending agency
»*tv1
Certain other activities
To aid agriculture:
Loans to agricultural credit corporations:
Federal Intenncdlate credit banks
Loans to cooperative associations:
Farmers* Home Administration
Federal Intermediate credit banks
Rural Electrification Administration
Crop, liveetock, and coranodlty loans:
Connaodlty Crsdlt Corporation
Disaster loans, etc., revolving fund
Farmers • Home Administration
Virgin Islands Corporation
Farm mortgage loans:
Farmers' Home Administration
Guaranteed loans held by lending agencies:
Commodity Credit Corporation
Other loans:
Farmers* Heme Administration
9,585
3,509
2,378,699
3,509
9,585
2,378,699
2,060,650
111,181
12,971
5
267,089
,
To aid home owners
Mortgage loans:
Federal National Mortgage /issociatlcn:
Management and liquidating functions .
Special assistance functions
Housing and Home Finance Administrator:
Revolving fund { liquidating programs )
Veterans' Administration:
Direct loans to veterans
Other loans:
Veterans' Administration:
Direct loans to veterans
Total to aid home owners
To aid Industry:
Loans to ralLroads:
Defense production expansion:
Treasury Deparlmient
Other purposes
Reconstruction Finance Corporation
( in liquidation)
TroasxUT Department:
Miscellaneous loans and certain
other assets
Ship mortgage loans:
Commerce Department:
Regular maritime activities
Other loans:
Defense production expansion:
Interior Departznent
Treasury Department
Defense production guarantees:
Aimy Department
Navy Department
Other purposes:
Army Department:
Guaranteed loans {World War II).,.
Housing and Home Finance Administrator
Revolving find (liquidating programs)
Inland Waterways Corporation
Reconstruction Finance Corporation (in
liquidation)
^^wn Business Administration
Smaller War Plants Corporation (In
liquidation)
Treasury Departaoent:
Civil defense loans
Miscellaneous loans and certain
other assets
Virgin Islands Corporation
Footnote at end of table.
761,215
2,060,650
111,181
12,971
Total to aid agriculture
Total to aid lnduBtl7
761,215
1,053 ,26't 1/
267,089
1,053 ,26U
362,925
362,925
7,oei,093
3,989,823
2,526,253
351
2,526,253
351
123,7't3
123,71*3
te2,905
Il22,905
691.
691*
3,073,9''5
3,073,9'»5
1,763
1,763
9,028
9,088
3,031,269
2,052
2,052
192,865
192,865
13,762
185,858
13,762
185,858
2,668
3,211
2,666
3,2U
5,057
5,057
5,lt07
5,to7
8,156
8,156
101,915
3i,oe8
101,915
31,028
1,005
1,005
2,032
2,032
27,5''6
27,5^*6
17
17
593,371
365,850
(Continued on following page)
227,521
Treasury Bulletin
90
FINANCIAL giPCCmsmS OF BUSIMESS-TYPE ACTIVTriES.
Table 6.- Gross Loans Outstanding, Excluding Interagency Loans,
March 31, 1956, Classified by Type of Loan - (Continued)
(Id thouaanda of dollAra)
TTpe of loan and lendlne agency
.
.
.
August 19%
91
FINANCIAL STATBMENTS OF BUSINESS-^TYPE ACTIVTriES.
Footnotes to Table 2
'4
1/
_
2/.
10/
11/
12/
1^/
llT/
15/
16/
17/
18/
19/
20/
21/
IHacharge of Inrestanent guarantee liabilities.
Admlnletratlve expenses, foreign aid procuremente.
Rental, maintenance, and repair of qxiflrtere.
Soldiers* and sailors' civil relief.
Service-disabled veterans' luexirance fund.
Includes $^3,653 thousand guaranteed loans held by lending agencies.
Represents net accountability of the IMited States Government in certain
assets aai llablUtles transferred frcm the Reconstruction Finance
Corporation, effective July 1, 195^,
Operation of ccmmiBsarlee, narcotic hospltalfi.
Farm labor supply revolving fund.
Working capital fund,
Office of the Secretary, working capital fund.
Incliaies guaranteed loans and certificates of interest aggregating
$1»053,26U thousand which are held by lending agencies.
Continuing fund for emergency expenses, Fort Peck project, Montana,
Develojoient and operation of helium properties
Includes net accrued interest of $97U thousand on investaient In power
facilities.
Ccnslsts of net inccme fron power operations of $3U5,892 thousand and net
expense of nonrevenue-producing programe of $l6U,351 thousand.
Corps of aiglneers revolving fund.
Federal ship mortgage insurance fund,
Revolving fund,
United States Coast Guard.
Public facility loans, payments to revolving fund and operations.
22/ Includes revolving f\ind for air carrier advances.
Management and liquidating functions.
Represents unrealized purchase discounts.
Includes assets transferred to municipalities and Goveranent agencies.
Abaca fiber program.
27/ Office of Territories, Alaska railroad revolving fund.
Represents Invested and donated capital.
22/ Represents net Imreetanent of the Ifliited States Goveranent transferred
frcm the ReccaiB trust Ion Finance Corporation, effective July 1, 195^*-.
30/ The surplus is considered by the Corporation as available for futiipe
Insurance losses and related expenses with respect to Influred Inati-
%
tutlCCLS
.
This Corporation is In liquidation.
Social Secuj-ity Admlnlstratlcai, Bureau of Federal Credit Uhions
operating fund.
Civil defense procurement fund.
Civil defense loan program.
Liquidation of Reconstruction Finance Corporation disaster loans.
Costs of malntenaiKe, repair, etc,, of Improvements, public bulldlngB.
il/ Maintenance, etc., Lafayette Building, Washington, D. C, public
buildings.
28/ Trust Territory of the Pacific Islands, loans to private trading enterprises.
been
32/ Incl\*ieB $5,050 thousand advanced frcm a revolving fund which has
established Iqr appropriations.
Less than $500.
Footnotes to Table 3
1/
2/
\}
It/
'2J
Guaranteed loans (World War II ).
Office of Education, loans to stxjdents.
General Services Admlnlstratlcn, Public Works Admini strati en (in
liquidation)
Includes stock of the International Bank for Reconstruction and
Developtaent amounting to $635*000 thousand and subscription to the
International Monetary Fund amounting to $2,750,000 thousand.
Includes $1,000,000 thousand due under the agreement with Germany
signed February 27, 1953, e^ lend-lease and eurplue property
balances due the Uhlted States In the prlocipal amount of $2,25l*,'*15
thousand
6/ Includes loan to the United Kingdom amounting to $3,519,272 thousand.
7/ Includes vessels owned and under construction,
Represents expended appropriations and accumulated net inccme or
deficit. Figures representing each of the two amounts are not available at this time.
* Less than $500.
^
Treasury Bulletin
92
.CUMULATIVE TABLE OF COHTEWTS.
September 1955
August 19%
93
.CUMDLATIVE TABLE OF COHTEtffS.
September 1055 through August 1956 - (Continued)
Issue
sM
page number
1955
Sept.
Oot.
1956
nor.
Dec
Jan.
Tte\>,
Mar,
hfr.
Mar
'one
Jul7
At«.
Ownership of Federal eeourltlee:
Distribution by olaesee of Investors and types of Issues
Net market purchases or aalss for inreetnent accoxmts handled by
the Treasury
•
Eatljnated ownership
31
31
32
31
31
31
31
31
32
32
33
31
32
32
32
33
3lt
33
33
37
32
33
38
33
33
32
33
33
3*
38
39
33
33
31)
3lt
31*
35
1*0
35
35
39
U)
39
39
111
1)6
1)1
1)1
1*7
1)2
1)2
1)8
1.3
Treasury survey of ownership of Federal securities:
Ovnerehlp by banks, insurance companies, and others
Ownership by ccsnerclal banks classified by membership In Federal
Roserre Syotem (latest date December 31, 1955)
39
38
Market quotations:
aid-of -month closing quotations on Treasury securities by Issues...
Chart - Yields of Treasury securities
37
39
38
1|0
37
39
37
39
Its
Average yields of long-term bonda;
Ul
Average yields of TreasuZ7 and corporate bonds ttj periods
Chart - Average yields of Treasury and corporate bcods
liO
Ul
>>6
l4S
U7
Internal revenue collections:
Summaiy by principal sources
Chart - Internal revenue collections by principal sources
Detail of collections by type of tax
Detail of specified excise tax collections reported quarterly
'•3
1*3
ltl>
1)8
"•5
1*9
1.6
50
51
50
l»5
Its
1)6
1)6
1)7
Monetary statistics:
Money in circulation
•..••
Monetary stocks of gold sold silver
Gold assets and liabilities of the Treasur?
stock
Cdsponente of silver monetary
Seigniorage on silver
Increment froii reduction in weight of gold dollar (latest date
June 30, 1956)
l»lt
l»5
51
47
52
1)8
1*7
lis
U6
U6
52
52
53
5U
1)8
53
53
kg
1)8
1)8
1)9
1)8
1)9
51)
1)9
50
55
50
51
1.5
1)6
i.7
47
U8
"•7
I48
50
55
Exchange Stabilization Fund (lates date March 3I, I956):
Balance sheet,
Income and expense
...•
••
56
••
57
50
National bank reports:
Eamlngs, expenses, and dividends for calendar yean 1953-55
51
Capital movements betwe en the Onlted States and foreign
countries:
•
,......•
Eeadnote^
SuBoary by periods since 1935
•
•••
and
periods
by
countries
Stannary
Short-tenn banking liabilities to foreigners, latest month
Short-tem bankljog clalAS on foreigners, latest month
Purchases and salee of long-tem securities by foreigners, latest
......•....••.•.......•.•.....
month
aiort-term liabilities and clallns reported by nonflnanclal concerns
by banks and bankare
reported
claims
and
Long-term llabllltlea
Estimated gold az^ short-term dollar resources of foreign countries
*nH intematicKial institutions
Foreign credit and debit balances In brokerage accoimts
Short-tem liabilities, countries and areas not rsgularly reported.
I18
I18
51
51
50
50
'•9
5't
53
58
57
58
52
56
57
59
58
51
55
56
59
57
58
60
"60
119
59
61
55
56
58
62
63
6it
51
51
5*
58
59
60
61
58
58
61
65
£6
67
52
52
55
52
52
55
59
59
60
60
61
61
62
"65
fe
66
68
63
62
Corporations and certain other buslnesB-type aotlvltlea:
Balance sheets and loans by type (latest date December 31. 1955)...
Incciae and expense (latest date December 31, 1955)
Source and application of funds (latest date December 31, 1955)....
Financial statements of business-type activities (March
60
59
61
69
63
68
76
yi,
1956):
Beadnote
Suonary of financial condition of specified activities
Financial coi^ltlon of public enterprise and Intragovernaental
funds. •.•.,...•.•.•...•..•....•..•*••
Financial condition of certain other activities
..•.•••••••..
FlnaiKlal coouiltion of certain deposit funds
Financial condition of certain trust revolving funds
Gross loans outstanding, classified by type of loan
GPO 393677
^tyioj^
Treas.
HJ
10
.A2
1956
C.2
U.S. Treasury Dept.
Treasury Bulletin
)
\
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