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 ) \ U S TREAS'JR' .iBRARt 1 0031992 :i:ii'i:r mi '': : :' , ',:;(! ,'l-V v.i;>,;;:M::;:V;;n':'i:;i::,;; Hi;'!'! ';«