Full text of Treasury Bulletin : December 1956
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LIBRARY
ROOM 50?5
JAN
3 01953
TREASURY DEPARTMENT
LFBRARY
ROOM 5030
J UN
?,
3 1972
TREASURY DEPARTMENT
TREASURY DEPARTMENT
FISCAL SERVICE. BUREAU OF
ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON
25, O.C.
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S TAT E S
SAVINGS
BONDS
miEAsuEy.
BmiLEmN
DEGEMBER-I95B
UNITED STRTES TRERSURV DEPRRTMENT
DFFICE OF THE SECRETHRV
The Treasury Bulletin la for sale by the
Superintendent of Documents
U. 3. Government Printing Office, Washington 25, D. C.
Subscription per year i^5.00 domestic, $6.25 foreign.
Single copy price varies.
December 1956
Table of Contents
Page
A-1
Treasury financing operations
Summary of Federal fiscal operations
l
Budget receipts and expenditures
2
Trust account and other transactions
6
Cash Income and outgo
,
lo
Debt outstaindlng and Treasurer's account
l6
Statutory debt limitation
20
Debt operations
21
United States savings bonds
29
Ovmershlp of Federal securlt ies
33
Treasury survey of ownership of Federal securities
35
Market quotations on Treasury securities
39
Average yields of long-term bonds
1+2
Internal revenue collections
44
Monetary statistics
ki
Capital movements
52
Financial statements of buslness-tjrpe activities financial condition
6*+
Cumulative table of contents
89
Note:
Where calculations have been made from unrounded
figures,
shown.
the details may not check to the totals
"
Treasury Balletin
II
Reporting Bases
Data on receipts, expenditures, and debt whiob appear In the
'Treasury Bulletin" are based largely on two Treasury financial
reports,
the
'Dally Statement of
ttie
United States Treasury" and
the "Monthly StatsBSnt of Hecslpta and Expenditures of the
"
Certain moneteu*y statistics are based
The dally statement on the new basis was first issued for
February 17, 193U.
In the deposits and withdrawals as shown,
no
distinction Is made as to the type of accounts {budget, trust.
etc. }. The depoelts are on ths basis of certificates of deposit
United States OovemDent.
cleared throu^ the account of the Treasurer of the United States.
at least In part on the 'Clroulhtlon Statement of Onltod States
Total withdrawals are on the baele of checks paid or cash dis-
Money."
Where these statements are given
dividual tables,
they are cited by name only.
reporting bases are described below.
as
sources for In-
Their respective
For other data in the
Bulletin, Information on sources or reporting bases ie given In
connection with the tables themselves.
bursements made out of the Treasurer's account. Some of the
withdrawal classifications shown are reported on the basis of
mailed reports of checks issued and are adjusted by means of
Except for
clearing accounts to the total of checks paid.
relatively minor amounts, noncash interfund and other intragovernmental transactions are excluded.
The Bonthly atateoent of receipts and expenditures was first
The public debt figures
In the daily statement also are on a "clearance' basis,
on the baels of telegrams from Federal Reserve Banks.
receipt
debt transactions are included, however.
and expenditure data classified by type of account.
At the same time,
with the
exception of those issuance and retirement transactions reported
published for rebruary 195^. and replaoed the dally statement as
the primary eource of information on budget results and other
Noncash
the daily statement was changed to a statement
of cash deposits and withdrawals affecting the account of the
Treasurer of the United States.
Both publications have provided
ooo^aratlve figures on their respective bases from the beginning
The dally statement before February 17, 135^, covered not
only transactions cleared through the Treasurer's account but
also certain Oovemment agency transactions which were handled,
195**,
through commercial banX accounts, and Included noncash Interfund
with respect to theee reporting changes may be found in the
April I93U issue of the Bulletin.
and other IntragovemTiental transactions. It provided information
of the fiscal year 1953-
The announcement of February 17,
similar to that In the present dally statement with respect to the
status of the Treasurer's account,
of the Cktvemment,
present
and similar to that In the
Including those made from cash accounts held
daily statement with respect to debt
Issuance, retirement, and amount outstanding.
Receipts and
The information ie compiled
expenditures, however, were classified by type of account, and
The monthly statement ebowe all receipts and expenditures
outside the United States Treasury.
end-of-aonth
from reports by the Treasurer of the United States and by all
the budget results shown In the dally statement were used as the
other collecting and disbursing agencies, including those agencies
basis for reflecting the results under the Preeldent'e budget
which maintain checking accounts in coiomercial banlis. These
reports cover transactione recorded in the accounts of the
agencies during the reporting period. The net of the trans-
prograiD as enacted by the Congress.
actions as compiled from these reports is reconciled in the
monthly statement to changes in the balance in the Treasurer's
account and In cash held outside the Treaeurer's account and
changes in the public debt outstanding.
Receipts were on the basle of deposits as they cleared the
Treasurer's account. Expenditures cleared through the Treasurer's
account were reported on two successive bases.
Through 19^6 they
were on the basis of checks paid by the Treasurer of the United
States.
Beginning with
19^^71
expenditures made through the
facilities of the Treasury Department's Division of Disbursement
Receipts of taxes and customs dutlee are reported on a
Other receipts are reported partially on a
collections basis.
collections basis and partially on a deposits basis. Expenditures,
except Interest on the public debt, are reported on the basis of
oheoks Issued or cash payments made by disbursing officers.
Transactions of an Interfund or Intragovernmental nature are
Included on the same basis even though the actual Issuance of
checks may not be involved.
Interest on the public debt ie in-
cluded on an accrual basis beginning with figures for June 1935
and the fiscal year 1935. Prior to that, it was included on a
due and payable basie.
Th« ease reporting basle as that in the
monthly statement provides the fiscal year figures for the
Treasury's "Combined Statement of Heceipts, Expendituree ani
Balances of the United States Oovemment" and for actual receipts
and e]q>endituree in Che 'Budget of the United States Qovernment.
were on the basis of checks leeued, while certain others,
prin-
cipally those of the Departsent of Defense and its predecessor
organlratione, were on the basle of checks paid.
Transactions
handled through commercial bank accounts, consisting of market
transactione in public debt and guaranteed securities, were aa
reported by the agenclee.
Interest on the public debt was included on a due and payable basis beginning with November 19^9
and on a checks-paid basis prior to that time.
The circulation statement reflects transactione through the
Treasurer's account which affect monetary stocks of gold and
silver and the amounts of coin and currency in the money supply
of the country.
It is issued later than the daily statement,
however, and the figures are based on transactions consumaated
during the reporting period even though some may not have
cleared the Treasurer's account during that period.
December 19%
A-l
Treasury Financing Operations
3-1/1+ Percent
on June I5, I957.
holders of the one-year 2-5/8 percent certificates of
Indebtedness maturing December 1, In the amount of
19,033 million, to exchange their holdings for either
December
of two new
October
Certlflcatee Offered
In accordance with an announcement on November l6,
1956, the Treasury Department on November 19 Invited
3-1/14^
percent Issues,
dated December
1,
These certificates bear Interest
from December 1, 1956, at the rate of 3-1/4 percent
per annum, payable at maturity. The other Issue of
certificates, Series D-1957, bears Interest from
1, 1956, at the rate of 3-1/4 percent per
annum,
payable on a semiannual basis on April
1,
1957-
1
and
Exchanges of both series were made
The new Issues consist of 205-day tax antici1956.
pation certificates. Series C-I957, to mature June 2k,
par for par.
and 10-month certificates, Series D-I957, to
mature October 1, 1957- Cash subscriptions were not
and $1,000,000; and Series D-I957 also in denominations
1957.
received and the subscription books were closed at
the close of business on November 21.
Exchanges
totaled $8,523 million, leaving I5OO million to be
redeemed for cash. Federal Reserve Banks exchanged
their holdings of $5,921 million for the October
certificates.
Other holders exchanged $1,350 million
for this issue and tl,312 million for the tax
anticipation certificates.
The tax anticipation certificates. Series C-1957.
Both were Issued In bearer form only,
in denominations of
|1, 000,
$5,000, $10,000,
$100,000,
of $100,000,000 and $500,000,000.
Weekly November Bills Refunded
Five new issues of Treasury bills, aggregating
$8.0 billion, refunded the weekly 91-day maturities
in November. Each new issue and each maturity amounted
to approximately $1.6 billion.
The new issues con-
sisted of four 91-day maturities and one 90-day
maturity dated November 23. Average rates of discount on the new Issues were 2.888 percent for
November
will be receivable at par plus accrued interest to
1; 2.9l4 percent for November 6; 2.979 percent for November I5; 3.04-3 percent for November 23;
maturity in payment of income and profits taxes due
and 3-17'* percent for November 29.
Note:
Details of Treasury narket financing operations are
shovn elsewhere in this issue of the "Treasury
Bulletin," In the tables on "Offerings," "Allot-
nents," and "Dlspoeltlon," respectively, of ttarketable
Issues of bonds, notes, and certificates of Indebtedness,
and In the table "Offerings of Treasury Bills."
a
.,
December 19%
SUMKARy OF FKDERAL FISCAL OPERATIOHS
(In millions of dollars)
Bud^«t recalpts and expenditures
Period
Hot
receipt*
1/
Flcal yeare:
19^5.
Ut,U75
39,771
39,786
19'i6
19^7
WW
Ul,li88
191*9
37,696
1950
1951
1952
1953
1951
36,lt95
1955
1956
ficpeod-
Iturea
2/
Surplus,
or
deficit
(-) 2/
Net of
trust
accotmt
Clearing
and other accoimt,
transetc. kj
actions
Ret
2/3/
(-)
Increase
in
p\]bllc
debt, or
decrease
Ret
Increase In
Treasurer's
account
balance , or
deorease (-)
98,1.16
-53,91*1
791
57,679
'•,529
2U,698
60,W.8
39,032
33,069
39,507
-20,676
-521.
10,7'«)
-10,1.60
111,238
75'»
-1,103
-11,136
-10,930
8,1.19
-291.
-5,991*
-1.95
1.78
1,621.
-1,1.62
3,308
U,932
-l,8u
555
-507
366
U&i
'.,587
2,01.7
-2,135
3,883
6,966
5,189
1,839
-388
-2,299
2,096
6,766
257,357
255,222
259,105
266,071
271,260
20
29
-551
331
6,216
274,371*
6,51*6
-5I10
3,510
99
679
-211.
-l.,017
11.7
J*!
6l.,8S5
7'.,27li
-250
67,772
-9,kk9
-3,117
1*35
6U,655
328
-303
60,390
68,165
61.,570
66,51.0
-J., 180
231
281.
1,626
-19".
522
3,115
-1,623
69,800
09,093
707
279
-iSo
-1,351
19't5
1.3,678
87,271
-1*3 ,59'*
-123
1*7,1*81.
3,767
19"^
38,568
UO,389
1.1,080
-2,512
362
-18,966
-ei.0
199
-2,21.9
-l.,100
231.
'.,331
-22,502
-405
1,111
U71
37,955
35,623
2,1.31.
U0,86l.
19^9
37,51''
1.1,106
-3,592
-1,386
-350
-229
-502
1950
1951
1952
1953
37,306
52,979
(A.&tO
63, 8H
61,171
63,358
37,728
56,337
70,682
72,997
-1.22
3U
87
-ll23
815
-Ul
101
739
-106
-319
-209
2,711
66,129
-3,358
-5,842
-9,157
-3,683
-2,771
-259
376
"»,655
l.,9te
lt,831
-287
596
-186
-381.
821.
195't
1955
61.,85l.
5,21*1
-31*
Guaranteed
securities
433
39,617
Wt,058
19''7
19'i8
Public
debt
258,682
269,1*2
258,286
252,292
252,770
65,"«)8
1957 (SBt.)....
CalmidHr joara:
Debt outstanding
Treasurer'
account
balance
Total
Federal
eec unties
-3,122
U7,568
61,391
lATele, end of period
7,973
7,777
3,582
2,019
-W.7
62
1,770
-1,1*8
603
-635
Subject to
llBltatlon
2/
259,115
269,898
258,376
252,366
252,798
268,671
268,932
257,491
251,54a
252,028
81
257,377
255,251
259,151
266,123
271,341
256,652
254,567
258,507
265,522
270,790
272,751
44
74
274,418
272,835
273,915
272,361
6,000
271,'rt)0
n.a.
n.a.
26,003
3,502
3,097
278,115
3,'*70
5,517
7,357
6,969
l.,670
476
90
73
27
46
52
278,682 6/
259,487
256,981
252,854
257,160
288,559
258,554
256,127
252,057
256,413
256,731
259,461
267,445
275,244
278,784
280,822
256,026
258,794
266,821
274,671
278,256
280,348
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
277,524
277,143
277,872
277,045
53
53
279,866
280,189
280,822
279,388
279,713
280,348
280,049
280,108
276,345
58
59
280,102
280,167
276,404
279,630
279,696
275,935
275,789
276,729
272,751
56
62
74
275,845
276,791
272,825
275,378
276,326
272,361
74
79
85
272,719
275,644
274,346
89
275,372
272,257
275,183
273,886
274,915
U,679
256,900
252,800
257,130
567
339
81
55
30
1*,232
256,708
24
•,295
259,1*19
6,061.
267,391
275,168
278,750
280,769
42
54
76
l.,208
1*,577
5,180
'*,5l*5
259,11*9
34
53
McnthBi
1955->Tai>uai7...
February,
March
April
»>y
July
August . ,
-311
-257
36
-l.,13''
309
2,601
9,7'tl
5,891.
3,81.6
3,732
5,228
5,356
6,753
-1,1*96
-IM
-919
3,372
-1*3
-69
131
-3,098
-2,617
-231*
237
k,73't
5,382
6,225
-1,1*91
-71.
3,210
725
AO
-S3
1*73
2,31*1
-36
->Mi
319
632
•,"•38
10,125
Jisie
351*
332
-11
-7
5,^27
2,765
-1.51
682
-260
'•,728
5,1*11
278,1.39
278,182
24
27
33
5,151
274,01*8
1,250
-522
336
6,1«)1
276,649
277,472
274,374
37
5,880
6,216
595
-1,058
'378
6,aii
5,753
5,376
277,584
278,309
277,476
42
43
-62
-195
5,31'*
279,818
280,136
280,769
48
Septeober.
5,1.98
5,3'«3
158
-ei7
337
October..,
2,692
HoTmber.
l.,662
-2,663
-510
-761
-213
33
-1
-571*
'•,51*5
-162
127
-33
179
-720
-1,293
3,252
73
60
1,50".
'*,756
198
-3,761*
2,316
7,072
265
«
236
2U
-556
-1,360
91*1
51*8
5,712
6,259
.
,
Decesnber.,
l',889
5,355
5,172
5,651
1956 -January..,
February..
U,681.
5,271.
-590
6,195
11,313
1*,950
1,21*5
5,399
5,911*
l.,082
5,387
-1,305
5,050
11,601
5.W7
-1.17
6,937
l.,66i.
-95
-3*
-3,978
287
6,51*6
3,1*85
5,5'<2
-2,057
l.,95l'
5,902
-91.8
-3U
22
-105
2,919
-2,369
2,019
6,197
6,218
l.,9l8
1,300
-172
26
107
11.6
-1,301.
21.9
6,1.1.5
272,645
275,565
274,261
-62
110
1,022
-1,71*1
l.,70li
5,995
-2,812
275,283
•
March
J^pni....,
May
Jiae
July
August...
September
October..
,
3,18k
Actual figures thpo\«h the fiscal year 1952 and the calaniar
thereafter In
year 1953 are froa the dilly Treasury statBuent, and
and exeach case they are fron the maithly statement of receipts
bases,
peMlturee of the Goyenment (for explanation of reporting
the 1957
see page H); estimates are froB the midyear reriew of
trcm
1957
elpendlturos
Budget, released August 28, 1956, Including
Congress.
approprletlonB anticipated for later transmleslon to the
Old-Age
to the Federal
1/ Cross receipts less transfers of tax receipts
am SurrlTora Insuraoje Trust Fund, the Railroad Betlroment Account,
receipts.
of
refunds
and
Fuid;
am the Highway Trust
Fund, »»t«o2/ Transactions of the Foreign Economc Cooperation Trust
Act of 19W
llshed mder Section 11". (f) of the Boonanlc Cooperation
Beginexpenditures.
budget
vlth
(62 Stat. 150), are consolidated
o™**^
ning vlth the fiscal year 1951, ™>t InrestBent by wholly
fro.
excluded
Corenmient enterprises In public debt securities Is
InTestment under
budget expenditures, and Is Included with other such
"Trust accomt and other transactions."
imestment by
CtMislsts of transactions of trust and depoelt funds,
or aale
ttOTerment agencies In public debt securities, and redemption
excess or reof obUgatlons of Goremment agencies In the market;
o.
see pege
ceipts, or expenditures (-). For detail of content,
Source:
U
4/
5/
5,119
'*,178
43
44
48
Reserre Banks,
For checks outstanili«, telegraphic reports froB Federal
and the
public debt interest accrued and impald beginning vlth June
as Interest
Rorombor
1949
from
fiscal year 1955 (prerlously Included
cash held
and
transit
In
deposits
and
outstaMlng),
coupons
checks and
net increase,
outside the Treasury beginning with the fiscal year 1954;
or decrease (-).
,
Debt Umltatlon In
For current month detail, see section on "Statutory
effect during the period
each Issue of the Bulletin. The limitations In
covered by this table and the date when each became <>"«"y» •"
»300 billion;
follows: June 9. 1944, $26o bllllco; April 3, 1945,
Mli;i<»; «- J-^J'
June 26, 1946, »275 blllloo; August 28, 1954, t28l
on June 30, 1957) . Guar1956 $278 blUlon (UMipanrj Increase ending
beginning Aprtl 3,
antee aecurttlee are Included under the limitation
begmnlng
sanngo bonds are Incluled at current redemption tsIuo
1945
Included at maturity ralos.
J«ie"26 1946; prior to that time they were
redemption
current
at
carried
are
bonds
in the debt outstanding, earlngB
"
postwar debt peak of 279,76''
6/
Si^ate
»
Lees thsn $500,000.
Hot aTallable.
i.a.
llUcn
was on February 28, 1946.
Treasury Bulle
•BUKJET EECEIPTS AND EXPENDITURES.
Table 1.- Receipts by Principal Sources
(In milllone of dolXars)
.
.
December 195b
.BUD&ET HECEtPTS JOL EXPHTDITURBS
Table 2.- Expenditures by Agencies
(In BllUaDs of dollura)
naoal J»mr
LeglslatlTe
Tot&l
or Bcnth
liranob
61
Judiciary
Bzecntlve
Office
of the
Ptnde
appropriated
to the
Frsaldent
I^Bldent
1953.
7'>,27'i
67,772
59
27
28
9
195">.
1955.
1956.
611,570
66,5ltO
65
85
30
37
9
10
1957 (B»t.),..
69,093 3/ i/
UO
U
5,782
5,282
6,905 i/
i/
1,107
806
"1.381
6,791
6,982 2/
973
523
lt,2li8
7,779
6^
6,1.73
'»,'»73
Bousing
and Bene
Finance
Aeenc7
Agriculture
Deparlaent
385 2/
3,2X7
2,915
-615 2/
129 2/
39
C<^Berce
Departeent
1,063
"1,636
1,000
1,077
5,177
1,2911
133
6,151
5,27'»
lt,950
7
It
1
zgk
"13
3
33
367
199
5,399
5
3
1
1
-101
Marcli....
532
595
".3
It
Ii6lt
615
29
20
"•05
April.
5,387
9
3
3
3
1
343
It73
1
1
32
57
59
-I.
I199
616
676
627
5
16
252
s
Il22
166
3
2
1
1
1,028
39
583
53
87
-80
216
568
l't3
3
1
3
1
te9
305
259
300
1,293
5, '•67
7
JuD«.
6.937
6
JtOj
AienBt....
Septsabar.
5,5JiS
11
5,902
9
11,918
Octoter...
5,995
8
10
1957 to date.
Health,
Biucation,
and
Defense Departesnt
Mllltai7
ftnotlons
It3,6n
949
38
22,357 5/
Fiscal Tear
ClTll
fUQctions
oadletrilmted Welfare
foreign
Depar^nent
transactions
Xnterlor
Department
35
20
151
".3
192
173
168
33
lt7
-1«
-6
Junr
2,909
2.925
3,688
63
-151
Jnl7
August....
aepte^ber.
2,368
3,211
2,887
"17
112
8
-17
185
1.3
66
50
20lt
61
l8"i
October...
3,399
65
29
U,866
229
131
April
1957 to date.
li8
-liO
2,61t3
170
Post
Office
Department
6l>
puhUc
refunds
of taxes
%^
"163
1".!
21I1
ll2"l
lt95
178
17
72
19
19
12
13
12
625
69
61
8
17
16
17
31
62
52
21
55
l"i
It6
205
U9
18
71
778
207
68
SOweei tetual fi«ms are Tnm the mnnthly stataaant of receipta and oipendituraa of the OoTeriHsnt (for ezplanatloa of raportlng basaa, aee
page n)l estlHtes are frm the midyear reriew of the 1957 budget,
released kvgvMt 28, 1936, inolndimg eipaodltures frea 1957 approprlatlons anticipated for later tranailasion to the Coogreaa.
iote:
ngurea In this table are for agvnoles as constituted at the time
the ex^aadltursa *>re mads, and tberefcrs do not neoeaaarily resreaaot
fmotioos «hich are ocavarehle orer a period of time. Tat aipendltorea
by funotloas on a ocnsiatent basis, see Table 3.
included aider
i/ bpaodlturea for Beooostruoticn Pinsnoe Corporatloo are
indepaadant offices' thro,«b 195*, and under "Treawxty Dap«rt«nt,
other* thareafter.
.„
•
,
are Included nder Eoualng
i/ topanditin«a for I»daral Bom Loan Bask Board
^
"1I2
36
16
26
District
of
Coliabia
2/
On
On
39"!
16
16
3/
k/
2/
^
1/
^
5"»
169
%
153
182 5/
Treasury Departaent
State
Department
T98
16
18
23
1|6
1,612
7"i
"t5
k3
mj
-e8
583
83
62
5^
6I16
654
2,855
2,918
2,786
2"t
2lt3
"t5
6,382
6.370
6,787
200
36,000
1956-Jainisi7...
Ftabrusry.,
39
37
11
6,50lt
2,33"!
1957 (Est.)....
March
U
156
136
512
35,532
35,791
106
31t
271
300
355
587
535
515
as
533
659
312
356
171
183
182
216
1,920
1,981
1,993
2,071
110,336
Justice Lahor
Depart- Department
ment
650 i/
500
debt
813
605
5*8
573
1953
195*
1955
1956
Oeoeral
Serrloee
Adnlnlstratlon
Fsbmeoy.
1956-JainiBr7..
I
9
IMepeodent
OfflOOB
12
13
22
879
22
7,156 2/
6
983
31
553
559
3
ll2
1
6
60
*
565
561
602
6
66
li
2
5
76
153
1
1
•
36
16
10
627
567
570
k
63
23
5
90
57
111
582
111
11
1
76
2,3116
61
63
18
273
23
and Hoae Finance Ageiwy* through 1955, and vader "Independent offices*
thereafter.
Total inol<dea reserre for ccDtU^ancles amcuDtlng to $200 million.
Iisli^ea ezpemlltures for Federal-aid hlghnys, vhich are included in
trust acoomt ezpendltureaj aee Table 1, footaote 13.
Inololaa $X3 millioii Federal-aid higtnray expendltiffea, vhich viU. be
relmbureed from the Bighvay Trust Fwid as reTenua beccmea aTallahle
for that purpoeej see Table 1, footnote 13.
XffectlTe Jvoa 30, 1955, Interest on the public debt la reported en
en accrual baaia.
Ccoaiats of Federal pajmant and loans and adTSncaa.
Inelidea estimate of interest co oUnrested fiads.
.
Treasury Bulletin*
.BUKJET KECEIPTS AND EXFENDITUEES
Table 3.- Expenditures by Functions, Fiscal Years 1063 to Date
(IB B1111CTM Of Aollan)
.
December 19%
.BUKJET EECEIPTS AND EXPENDITURES.
Table 3.- Expenditures by Functions, Fiscal Years 1963 to Date
(Continued)
(In milllone of dollare)
Code Ho.
1953
195"!
1955
1956
Int«re8t:
Interest on the public debt
Interest on refunds of recelpta.
Interest on uninvested funds .
.
Total Interest
.
651
652
653
6,501t
75
5
6,382
83
5
6,370
6,787
62
5
51.
6,81.6
6,583
6,1*70
6,1.38
7't,27't
67,772
61i,570
mdlstrlbuted
Total net budget expenditures
6
. ,...
'
,
Treasury Bullet
TBUST ACCOUNT AND OTHEP TRANSACTIONS.
Table 1.- Sunmary of Trust Account and Other Transactions
(In mlllloDs of doUara)
et
Fiscal jear
or month
receipts, or
Trust and daposlt fund accowts
expeiAltizres (-),
Trrm trust accomt
et receipts, or
^pendlturss
and other trans
Receipts
expendltores (-)
actions
W"*
1950
1951
1,890
-a8l
3,852
3,855
3,760
99
6T9
IU7
1952
1953
"•35
195li
5,71'»
6,669
7,796
8,807
8,929
3,821.2/
6,950
-2,3U
3,91*5
'',952
-3.557
-3.636
-3,301
328
231
2,386
9,155
9,536
11,685
6,769
2,250
1957 (Est.)...,
279
2,500
1U,200
1956-JamiaTy . .
February .
March
-162
127
-33
-533
371
1,009
757
265
*
April
9911/
139
-J>
J^MM
-95
-135
936
787
July
»t
let sale, or redaaptlon
(-), of securities of
GoTenaent agencies In ths
aitot
-7k
-22
1102
5,169
-I9I'
1955
1956
Het sale, or InTAStnent
by Corerxment
( - ) ,
agencies In public debt
securities X/
381.
-78
•«5
-2,05ll
-li
-1,362 2/ i/
-e,6i7
602 3/
173
11,700
-2,463
2ll2
90I1
373
-2
870
761
-lltO
128
-69
llO
871
1,605
1,617
1,006
669
629
353
-983
I18
-277
51
22
-703
Ul
21l>
-1*
282
-45
8,5'»5
9,i<35
-172
83
1,112
26
107
617
1,1(19
-9*
753
1,029
801
eb6
Ootobsr.,
-62
-299
660
959
2/
k/
*
1.7
-93''
Augiiat...,
Sspt«d>b«r,
Source: Actual figures through 1952 are frcn the dally Treaatn? stateBsnt and thereafter fros the maathly stateooent of receipts and expenditures of the Goremaent (for explanation of reporting bases, see
page II); estijaates are fron the midyear revlev of the 1957 Budget,
released At^ust 28, 1956.
i/ Prior to 1951 net Inresteant In public debt securities by certain
trust accounts and by deposit fund accounts Is incluled in trust and
deposit fund account expenditures and excluded frm net Inrestaaent by
Covemaent agencies (See Tables 3 and U).
2/ Occludes Foreign Sconcolc Cooperation Trust Fund (sse page 1); recelpts were excluded In 19I48.
a/
Itider a reTlsed classification In the monthly statsaent, effective
July 1, 1955, the security transsctlons of OoreniBent-eponsored
enterprises are Included In deposit fund account expenditures (net)
and excluded from net investment by Goremnant agencies In public ds
securities (see Table U) and frcn net redeoqition or sale of obllgatl
of Govement agencies In the market (see Table 5).
Figures preTlous
published for the fiscal year 1955 haTe been rerlsed to the new clas
cation basis.
Guaranteed securities Included beginning 1955 (ssa Table U).
Less than $500,000.
Table 2.- Trust Account Receipts
(In millions of dollars)
Federal Old -Age
and SurrlTors
Insurance Trust
Fund
Fiscal year
or monUi
Ballroad
Retirement
Account
19''9
5,71''
1,921'
625
1950
1951
1952
1953
6,669
7,796
8,807
8,929
2,367
61*5
3,1*11
I95I'
'
unemployment
Trust Fiaid
National
Serrice
life Insurance Ftaid
619
590
78
78
691
708
1*57
61*9
73
1,025
li67
681*
3,932
1,61*3
1',516
71*2
1.59'*
5,080
5,586
7.003
737
700
739
1,''92
1955
1956
9,155
9,536
11,685
1957 (tet.)....
111
,200
7.536
779
1,779
371
1,009
757
1B7
665
18
86
55
1*2
liO
157
17
38
37
April
May
Jine
871
1,605
617
17
93
150
91
387
38
July
August...,
Septeaber.
1,112
81
371
23
35
73
37
October.
1,617
1,002
758
356
822
753
••32
23
82
5k
660
237
26
1,''19
Source:
See Table 1.
1/ See "Budget Becelpta and Expenditures," Tabls 1, footnote 13.
2/ Inclules District of Colombia receipts frcn taxes and froBi Federal
contributions, loans, and grants; Indian tribal funds; increment
resultijig fron reductlcn in the velght of the gold dollar; and
through 1950 seigniorage on silTer under the SllTer Purchase Act of
1931*.
Thereafter any such seigniorage is included with other
19lt
Other truBt"
accounts
2/
786
637
1.51*2
53''
finds
Hlghva?
Truat
FvwJ 1/
529
678
850
March
Gov ermon t
employees *
retlreoant
680
809
850
912
961
690
1.076
19 56 -January..
Fsbruary.
Life
Insurance
Fund
92
87
86
87
79
1,173
1,281
l.'«5
1,728
Goremment
675
36
197
1,331
1*03
51*5
597
1*01
V*9
1,500
600
3
3
33
2
61
26
26
50
3
3
51
56
249
55
28
26
k
563
62
1*0
3
32
2
5k
50
10
150
50
29
10
53
175
58
seigniorage wider budget receipts. Beginning with the fiscal year
1951*, the Railroad Ubenploy^nt Insurance Administration Fimd is clas
eifled as s trust sccount. Instead of being handled through budget
accounts as formerly (see "Budget Receipts and Bxpeoditurss," Tabla
footnote 7).
.
.
December 1956
TKUST ACCOUNT AND OTHER TRANSACTIONS.
Table 3.- Trust and Deposit Fund Account Expenditures
(In
miniona of dollara; nagatlye figures are ezceag of credlte)
Truat aocounta
Fiscal year
OS* monUi
'39^9
,
a950
Total
i/
3,a2U5/
6,950
3,9^5
|1951
Total
truat
aocouDte 2/
S.ltlO
6,85't
"•,139
1952
'',952
I1953
5,169
1195^
6,769
8,5U5
7,327
9,''35
9,197
1955
^956
(Bat.)...,
ll,700
956-<Tanuai7,..
t957
90lt
Pehruary.
March
April
•toy
Jime
July
August....
Saptaaber.
Octotar.
870
761
1,006
669
829
5,298
5,698
8,1.«9
Federal Old -Age
and SurvlTore
Insurance Tmst
Fuid
Railroad
Batlreaent
Account
Uaamploymsnt
Trust
Fund
278
30U
321
391
1,31't
3i«a
61
2,026
900
1,988
111.
611.
1,01*9
I465
1,010
996
588
77
82
82
3,to5
li,W7
5,551
502
585
611
1,71*5
661
78I.
1,569
2,067
2,750
1,965
1,393
6,550
692
1,603
793
886
832
we
50
50
51
153
192
163
812
806
Wl
1*90
52
52
52
lli6
761.
"•55
1.68
1(91
126
117
1,029
801
8U6
809
U95
1.97
935
500
52
52
57
121
gi"*
959
96lt
505
63
95
U9
103
IVatlcoal
Goremaent
Service Life
loauranoe
Fund
Ufe
Ineurance
Fund
623
538
512
11.7
81.
87
590
te
.
..
.. ,.,
Treasury
Bulk
THUBT ACCOUNT AND OTEER TRANSACTIONS
Table 4.- Net Investment by Government Agencies in Public Debt Securities
(In
BllUooa of doUArs; negatlTe fl^ur«6 are exceas nf aalea)
Trust accounta
riBc&l year
or Bonth
Total
H
2/
191*9
1950
1951
1952
1953
2,1)63
-373
Fetiruaiy.
Harch ....
April
May
Jtme
-160
353
338
357
W>9
280
-721.
-1,91.6
1,522
1,21.1
5/
l,k63
650
91.
583
590
-21.5
202
lUl
121
-21*
23
Goremaent
ea^loyeeB'
Insurance
retlrooBBnt
Other trust
accounta
^
59
-51.5
73
258
135
32
-26
8
1.1.7
5^3
5T3
1
-2
621.
9
-6
588
9
-65
-1
-16
252
1
31".
11.
5"*
8
n.a.
n.a.
n.a.
-2li7
-37
-U8
-1.
-3
-3
33
70
176
1.0
7
25
-139
-U
-k
-6
7
-5
-12
15
21.
-39
39
-85
-6
-6
-1
-35
267
-9
-6
16
153
-8
33
8
207
-72
lltO
-379
128
69
66
-353
983
-355
975
909
-179
I17I.
98
93U
int
Ufe
funds
3I16
l,5l»5
Gore:
F\iDd
I.UIU
1,678
1,950
1,688 2/
1,236
2,516
1957 (Est.)...
Accouit
nent
Truat
Fuid
1,29''
2,0511
y
FetlrcBient
-MC 2/
3,369
3,355
3,068
1,362
2,617
Hatlonal
Serrlce Life
Xnaurance
ttie^ilo7-
Pallroad
2,3112/
3,557
3,636
3,301
W?!*
1955
1956
1956 -January.
Federal Old -Age
aM Surrlvora
Inaurance Trust
Total
truat
accouQte
6i<8
n.a.
26
Ju:iy
277
276
-222
-33
11.
-6
521
10
August . .
September
703
698
1.2
275
-1.
-5
13
-1.
-2 lit
•esk
381
-127
-23
-72
-8
-3
9
-1
October .
-282
-323
-250
-31.
-I.9
-1.
-5
2
16
.
GoTeronent-apcsisored enterprlsea
Public enterprise funds
Fiscal year
or Dcnth 6/
Total
Federal
pu])llc
HouslJlg
enterprise
finds
AdolnlBtratlon
1951
1952
lOU
101
21
1953
1951.
79
-77
59
-86
1955
1956
126
101
32
Federal Serlngs
and Loan
Insurance
Corporatloo
Total
Govenmentsponsored
enterprl ees
Banks
for
cooperatlvee
Federal
Deposit
Insurance
Corporation
Faderal
hone
loan
banks
21
95
61
U
1.1
81.
62
7
9
73
12
179
153
81.
-2
1.1.3
18 8/
17
170
5U8
98
82
lOU
1.25
U
i/
87
102
31".
Federal
land
banks
18
Hemorandtn j/
958/
69
13
15
-1
1.
2
11
6
1
2
-5
2
-3
2
3
1.
-15
8
1.
3
3
1
1.9
8
-17
13
-30
1957 (Set.)....
1956-Januar7. .
February..
March
April
May
Jme
7
12
21.
13
1
5
10
10
August..
September
October.
1.1
July
,
155
105
50
285
70
68
217
1.
63
1
56
61
-11
19
10
1
1.7
-12
2
35
-58
1
3
2
1
7
•
1
-6
5
29
16
•e
23
-5
Source: See Table 1.
1/ Prior to 1951, consists of Adjusted Serrlce Certificate Find.
2/ Prior to 1951, net inrestaent by muQler trust accounts and by deposit
fmd accounts Is Included in expenditures In Table 3.
2/ For explanation of difference froB Budget fieures, beglimlng 1951., see
"Caah Inccne and Outgo,** Table 7, footnote 1.
k/ dcludee net Inveatawnt by GoTenDent-sponsored enterprises beginning
with the fiscal year 1955 (see Table 1, footnote 3).
2/ IiKiludee iMt sale of $300 mlUlcn for adjustment of ezcesa tranoTera
of tax receipts In 1952 and 1953 (see *'Bulget Kecelpta and I^:penditureB,''
Table 1, footnote 10).
31.
-58
Prior to 1951, i»t Inrestaent by public enterprise fmds vaa Included
In budget expenditures, and net Inreataent by Corement-sponsored
enterprlsee was Included In deposit find eipendlturee (eee Table 3).
Bet
inTestaent by Gorerment-sponsored enterprises beginning 1955 Is
j/
inclined la deposit ftxid expenditures In Table 3.
6/ Begioning 1955, figures Include D*t transactions in guaranteed securities by Federal Housing Adalnl strati en ax^ Federal Natlcn&l Mortgage
Assoc latlon.
•
Lees than $500,000.
n.a. lot arallable.
6/
.
.
.
December 19%
THUBT ACCOUHT AMD OTHER TRAMSACTIOHS
Table 5.- Net Redemption or Sale of Obligratlons of Government Agencies In
ttie
Market
(In KllHona of dollars; negatlre tigan» mdloate ntt aales)
Sacnrttlaa gmraBtajd tj the Dblted States
Public enterprise funis
riBcal Tear
or BOQth
Total
Total
ffoaranteod
19'*9
7"»
I16
1950
1951
195a
22
-38lt
8
-10
-16
1953
25
-7
199*
1955
1956
U
-29
-602
-173
1957 (fct.)...
-ekz
72
19^ 'January.
:
Coaaodltj
Credit
Corporatlo
Federal
Farm
Mort^ege
Corporation
Federal
Bouslag
Adalnl stratloo
31
9
Ik
1
-1
-12
-16
-7
1
-3
37
-30
-30
37
-30
-1
2
-5
FehraaxT'
Maroh....
-128
JlO
-5
-1
April....
ttt
-kl
3
-6
6
-12
-12
A8
Jme
-51
ez
-Ul
Jal7
August...
Septeaber.
«
•
-6
-6
-6
-6
-k
Ootober..
Securities not guaranteed 1v the Oilted States
Public enterprise funds
flsoal Tear
or Bcustji
Total not
goarsnteed
Total
public
and trust
enterprise
funds
28
19*9
1950
1951
1952
1953
-37*
195*
33
II.
88
32
-639 1/
1955
1956
-lit*
1957 («st.)
1956.Jan. .
I»b...
Mar...
2
-122
-39
Joae..
-50
-te
-39
JnlT..
Aug...
Sept..
-22
-105
19
Oct...
•.9
tft...
mj...
3
-96
65
Federal
Inteivedlate
credit
banks
Ovners'
loan
Corporatlo
.
10
Treasury BuUeti
_CASH
INCOME tSD OUTGO.
The cash Income and outgo data appearing In the
"Treasury Bulletin" have been revised, beginning with the
February 1956 Issue, to a basis consistent with receipts
from and payments to the public as derived In the 1957
Budget of the United States, Special Analysis A. Reconciliation to cash deposits and withdrawals In the account
of the Treasurer of the United States Is shown on the
sane basis as in the Budget document. There Is also shown
the amount of net cash borrowing from, or repayment of
borrowing to, the public. By these arrangements, data In
accordance with the Budget olasslfloatlons are made available month by month.
Figures for back years have been
revised where necessary In order to make them as nearly
comparable with the 1957
Budget
claselflcatlons as
representing cash received from the public. Federal cash
borrowing from the public Includes net borrowing by the
Treasury through public debt transactions and also net
borrowing by Government agencies and Government-sponsored
enterprises
through
sales of their own securities.
It excludes changes In the public debt which do not rep-
resent direct cash borrowing from the public. The net
effect of all these transactions with the public Is
reflected In changes In the balance In the Treasurer's
account and In cash held outside the Treasury.
Cash transactions through the Treasurer's account are
similar in general concept to thoee Included In the Budget
series, but are limited In coverage to transactions whloh
affect the balance In that account. On the other hand,
available data will permit. For this reason certain of
the figures differ somewhat from those published In
they Include receipts from the exercise of monetary
earlier Budget documents as well as In the Bulletin.
authority, whloh are excluded from receipts from the public
In the Budget series.
The Budget aeries of cash transactions Is designed
to provide Information on the flow of money between the
public and the Federal Government as a whole, and therefore
Includes transactions not cleared through the Treasurer's
Beginning with figures for the fiscal year 1953, the
series of transactions with the public Is based on the
Receipts and payments Include transactions both
In budget accounts and In trust and deposit fund accounts.
"Monthly Statement of Receipts and Expenditures of the
United States Government," whloh Is compiled from reports
by all collecting and disbursing officers and Includes
Operations of Oovemment-eponsored enterprises are Included
In payments on a net basis as reflected In Treasury reports
Major Intragovemmental transactions vdilch are reported as
account.
account.
both expenditures and receipts are eliminated from both.
Noncash Items which represent accrued obligations of the
Government to make payments In the future are also eliminated
from expenditures Iwt are added later when actuM payments
are made. Receipts from the exercise of monetary authority
(mostly seigniorage on silver)
are
excluded
as
not
those transactions not cleared through the Treasurer's
Cash deposits and withdrawals In the Treasurer's
account, beginning with the figures for the same year, are
reported In dally Treasury statements.
For those years
prior to 1953 both cash transactions series are based on a
single source, namely, the earlier basis of dally Treaaury
statements which reported separate classifications for
budget results, trust account transactions, etc.
.
.,
,
.
.
)
December 19%
11
CASH mCCME PUD OOTOO
Table 1.- Sunnary of Federal Goyemiaent Cash Transactions with the Public
(In Hinions of doUara)
Ret oaah tranaactlona vlth the public
other than borrowing
naeal year
or month
Federal receipts frcn
the pnhllc
Federal payBients to the
public
19119.
kl.STfi
to,570
1950.
1951.
1952.
1953.
It0,9li0
't3,l't7
53,390
66,013
"•5,797
67,96''
n,>m
71,627
67.836
1955.
1956.
1957 (Bit.)...
April....
Maj
Change In oaah balaiwaa
Treasurer's account
balance , increase
or decrease (-)
1.6
-1,1.62
25
2,01.7
Cash held outside
Treaaury, Increase,
or decrease (-)
1'3
1,^9
2,919
68
56
-388
-2,299
73
2,096
-551
331
-312
.202
-51.6
166
-1,293
-5,27'.
71,860
70.538
72,613
-232
-2,702
77,08li
80,835
2,512
1.809
29
J., 366
23
77.151
3.681.
-l'.089
-606
-717
7,l'iO
5.570
5.679
1,1.68
25
27 i/
1
2
11,981
5.861.
6,116
-3,832
3
2,316
-29
•16
-28
k,B^
6,008
6,001
-1,151.
-197
-106
U
-1,360
13
3
5W
7,061.
6,286
6,889
October,
3,7li7
5.895
6,686
5,699
6,671
20,886
21., 951
1957 to date
Biuala:
11.229
76,773
July
August....
September.
..
Plus: Becelpts frcn
exercise of
BonetazT
authorltj
-2,513
-5.796
-505
6,581
12,167
Jibs
1,006
.C,207
7,593
1.9
1956-Jsnuftry .
Pebruaiy,
March....
Sxoess of
receipts, or
pajBonta (-)
Plus: Ret cash
borrowing frcn
the public, or
repajaent (-)
3,96".
257
1,501.
577
5,103
-l.,863
2
287
-1,931
J.39
2
-2,369
2,019
2,372
3
1,191
-91.6
3
2I.9
-1
-2,921.
1,21.0
5
-1,71.1
62
2,228
13
-1,81.2
18
-l.,065
Source: Actual fleures through 1952 are baeea on the daily Treasury
statement and thereafter they an baaed in part also on the nonthly
stateiaent of receipts and expenditures of the Gorenment (for eiplsjoation of reporting bases, see page II); eBtinates are based on
the midyear review of the 1957 Budget, released August 28, 195^,
ij
iixludli^ expei^tures frcn 1957 appropriationa anticipated for later
tranamlsBlon to the Congress
Includes excess profits tax refund bond redemptions (see Table 3).
Table 2.- Sumnary of Cash Transactions through the Account of the Treasurer
of the United States
(In millions of dollars)
Ret cash transactions other then borrowing
Fiscal year
or month
Cash
deposits
Cash
wlthdrvwale
Plus: Ret caah borrcwing, cr repayment of
Sxcese of deposits,
or withdrawals (-)
borrowing (-)
1,161
-2,622
-2,UU
'.,161
Treasurer'a
account balance, increaae , or decrease (
duals:
-1,1.62
2,0li7
68,081
to, 1.62
1.3,079
1.5,718
67.79l«
7,715
287
-671.
71,3''5
76.1.0?
-5,062
2,763
1.839
-388
-2.299
71,815
67,758
77,079
71,971.
1955.
1956.
71,981.
-159
-2,130
5,096
2,255
1,579
-U,765
2,096
-551
331
80,862
77.319
3,51*3
-'•,089
-51.6
1957 (Kst.)...
5.323
5,600
-59''
1,1'89
6,11.9
6,203
-699
15
-3,887
-1,293
1956-Januai7 .
Februaiy.
March....
lt,729
5,te8
6,200
6,898
-1,061
680
5,293
-299
-132
-5,006
-1.360
5*8
287
5,603
6,855
-1,92
-2. 369
5,61.9
1,228
J167
2,295
-979
-2,975
1.23l>
6,332
6,U09
6,576
ekk
1,318
-l,7Vl
1,07k
26,923
31,092
-4,169
3,1.01
-T68
191.9.
1.1,622
1950.
1951.
1952.
1953.
1.0,965
53,1133
I95I1.
April.
May...
June.
7.089
12,351
lt,368
6,879
12,192
July
August. . ..,
Sept«nber.
3,701
6,579
6,877
Ootobar...
Rorember.
3.1>3'.
1957 to date.
69,888
estimates
Source
Actual f lauree are based on the daily Treasury statement;
August 2»,
are based on the midyear review of the 1957 Budget, released
for
anticipated
appropriations
1956, inoluling expenditures frcn 1957
later tranadsslcn to the Congresa.
!
-276
-
1,501.
2.316
2,019
2^
fr»
Figures in the first four colimis of this table may differ soMvhat
because of
those originally publiahed in the dally Treasury statenint
transactions.
subsequent reclassification of certain
,,
.
12
Treasury Bulletin
.
CASH INCOME AND OUUOO
.
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 i«<in#^wt of dollara)
Becalpta
Lbss:
Dodnctlona ftxn rocelpts
Becelpta
pcroflte
fron
tax refund exercise of
bond r«Bonetai7
deiQitioQs authorltr
a/
Excess
Fiscal Tear
or Hontli
Bndeet
(net)
acootnt
i/
2/
37,696
19'i9
1950
1951
1932
1953
igjk
1955
1956
1957 (EBt.)....
1956->r«nuai7...
Februarj.
March
ApirU
Maj
June ......
Julj
Angust. ...
Septenber
October .
.
Tmet
I^tragaremTotal
aental
transactions
(sse Table ^)
y
Total d«ductlona
BeconclUatlon to oaah traneBluala:
Federal
receipts
tnm the
public
actlona
Iji
Treasurer's account
Plus: Receipts Adjustaeot for
net difference
f^YB exercise
due to reportof BonetaZT
ing Bethod (See
atithorltj
also Table U)
V
l^uals:
Cash
depoelta
In the
l^esurer's
account
-
..
December \95b
13
CASH INCC»«E AND OUTGO.
Table 5.- Intragovernmental Transactions Excluded from Both Receipts and Payments
(in mllllone of dollare)
Budget receipts irtilch are
Bxidget realso budget expend Itures
ceipts which
are alao
IntereBt paid
trust fund
to Treaeui7
Other
expenditures
1^ public
enterpcrlee
2/
funda
Fiscal year
or month
19't9
32
1950
1951
1952
1953
102
Interest on
InTestnent in
public debt
seouritiee
u
170
18
20
25
59
73
87
Trust fund receipts which are also
budget expenditures
Budget receipts
which are also
Government
spoosored
enterprise
expenditures
I40
29
1I17
10
Interest
on uninvested
tniBt
funds
PajToll deduotioDs for
flBplojees'
Other
5/
retlreasnt U/
Trust fund
receipts which
are also
trust fund
expend 1 tores
6/
8Ul
880
892
987
327
358
378
1.U
366
1,0911
1)20
I163
7
l»30
57'>
167
166
521
18
l&
16
398
2
2
2
573
3
8311
l,781i
2,197
1,930
2,116
2,199
\Vi
6
195't
228
6
1955
1956
1T3
298
7
18
101
1,188
1,173
1,207
1957 (Bet.)...
Wl
10
105
1,292
590
661
3,138
1956-Jaiiuai7..
26
2
2
3
90
15
3
6
53
32
3
February.
March.. ..
5
17
60
i>
62
86
33
1.9
«
April
May
June
68
81
2
3
2
2
2
1
111
July
August...
Septexber
33
9
October.
Source:
''39
2,UjO
2,061
2,7113
8
SU
it
795
Its
87
96
70
1,<*9
1
36
553
631
It
61
3
83
16
1.9
It
78
3
93
5
31
Footnotes follov Table 7.
See Table 1.
Table 6.- Accrued Interest and Other Noncash Expenditures Excluded from Payments
(In mllllcns of dollars)
Fiscal year
or month
Het accrued
Interest on
eavlnge bonds
and Treaeuiy
blllfl 1/
19'*9
581
1950
1951
1952
1953
57l»
Clearing
account for
public debt
Interest 2/
638
758
718
igs*
1955
1956
32U
68
I197
26
-15
1957 (Est.)....
3I1O
1.56
1956 -January. ..
February .
5lt
-7
March
1
J*nl
22
May
June
3'»
October..
Source:
See Table 1.
^
y
-l61t
-1
-1
-95
-160
-68
-25
Jtl
-98
207
Clearing
accomt
for
checks
outstanding,
etc. 8/
6
28
366
661i
1.83
1,153
-21ii
275
279
13
-9
-alt
28
-250
«>72
-lit
109
156
175
-U5
572
615
9k3
-8
-7
-Wl
-55
335
-8
50
-12
370
-1
-1
•
30
-209
52
132
233
60
156
11
-lU
-6
-1
-I
•
76
21
298
177
-55
111
127
-1
-1
-1
"•3
191
It8
Set Inrestasent
in public debt
aecurltlee
Included In
expen
indltnres
series
-2
-e
-1
-1
-1
193
172
-953
58
July
Ax^uat. ..
September
359
5
38
RcDcash expenditures InrolTlng Issuance
of public debt securities
Special notes of U. S. 6/
Adjusted
AxiBed forces
International
sernce
leare bonds 5/ Intematlooal
Monetazy FuMl
bonds
Bank series
-lit
-7
Footootsa follnw Table 7.
56
-221
265
61
60li
-29e
-332
-199
19
-56
-19
215
178
. ...
11^
Tr
reasury Bullet Hi
CASE mCOME AND OOTGO.
Table 7.- Derivation of Federal Government Net Cash Debt Transactions with the Public,
and Reconciliation to Net Cash Debt Transactions through the Account of the
Treasurer of the United States
(Ret barrooUg, or niajasnt of 1>orrcwli« (-); In
llUooa
of dolXars)
Change In public debt and agencj obllgatlcna held l? the public
Fiscal joar
or Bcntb
19't9
Plus: Set sale of obllgatlou
of GorernBent enterprises In
the aarket
Putllc doit
Uicreaae, or
decrease (-}
,
1950
1951
1952
PubUc and
trust enterprise funds
"178
.1,6
-8
10
114
-59
1953
-2,135
3,883
6,966
WSt
5,189
1955
1956
GoTemBentsponaored
enterprises
-e8
-lU
6
313
-We
28
lOli
69
84
101
79
179
153
-T7
126
101
2,311
37't
33
-1,623
-Ik
602
173
11
269
872
1,686
1,236
2,516
1957 (Sst.)....
-1,351
21l2
21
1956 -January...
February.
-720
-2
-186
60
128
March
-3,76'>
llO
50
10
April
Moy
June
-556
"•7
-36
9IH
-3,978
1)8
1.7
51
37
July
August ....
September
-105
2,919
-1,30*
22
111
-I48
-111
192
October...
1,022
-*5
Less:
Fiscal year
or Bonth
Het
accrued
Interest
en
sarlngs
bonds and
Treaaury
bills 2/
581
57*
19*9
1950
1951
1952
1953
638
195*
1955
1956
52*
*97
*56
758
718
-10
y
Special notes of U. 3.
Inteniat 1 onal
Bank
series
International
Monetary
Ftnl
series
2
-11
-161
28
"•9
k
2k
-17
-1>,806
276
698
1
5
35
-58
2,337
-I1O6
•esk
10
•
-913
-323
>>1
16
1,283
Less:
B]uals:
Excess
profits
tax
Total
deductions
refizid
net cash
borrovlng
frcn the
public or
re'paynent
(
Transactions
not
reflected
In
the
Trees xn^r's
account 6/
bonds 2/
28
722
-1
-1
-1*
-8
-7
109
156
175
618
-*
-1
-1
-1
Equals:
let
cash
borrwlng
through
the
Tress urer*s
account, or
repayment (-)
623
2,512
1,809
-*,366
256
230
399
2,255
1,579
-*,T65
50
382
-*,089
30
83
-18
10
55
-699
15
-3,88r
-1
-1
•
Agni
22
3*
58
-1
6
-1
Jms
July
August..
Septenber
21
*1
October.
*3
-1
See Table 1.
-3,8li6
-2,622
*,l6l
-5,875
-67*
2,763
5*
-7
1
Source:
-63I1
12
2
108
68
79
170
155
13
-9
3*0
..
2,1.5k
-2,513
*,229
-5,796
-505
2,919
207
1957 (Bst.)...,
*8
-3,7*3
8
-16*
-95
-160
-68
-2*
-25
-*1
3,130
171
5*9
-355
975
909
-e
-2
-1
-1
-1
1956 -January...
7ehrua27.,
Maieh.....
Hay
It/
3,61iO
U6
-3,706
Deductions for nmrash and other transactions
AiTwd
forces
lesTe
bonis U/
1>,870
-5,306
175
155
7
66
-2,226
285
70
63
2,'>63
-379
128
Issuance of public debt securities representing
expenditures, or refxaids of receipts i/
Adjusted
service
bonds
G<7TenaentepcDsored
enterprises
Public
enterprise
funds
Trust funds
3,369
3,355
3,068
3,U5
B^uals;
Increase In
securltlea
held )7 the
public, or
decrease (-}
lass: Het Inresteent In Federal
securities bf Gorenmeot agencies
287
6*2
*89
680
6U
-*,089
11
3
-1*
-1*
-717
25
-3,832
76
15
110
57
-197
-106
-*,863
103
26
1*3
-299
-132
-5,006
-1
-1
-1*
-55
33
-35
-*67
2,295
-7
33
-*39
2,372
-9*6
28
77
-1
3*
-979
*3
1.2*0
6
1,23*
«
Footnotes en follovlng page.
.
.
December 19%
15
CASH
IlK!C»ffi
AMD OUTGO
Footnotee to Table 3
Tm further i«tall, s«« 'Bofleet Becslpts end Kxpaodlturea,* Table 1.
Tor further detail, aee *TraBt Aocomt cmd Other Trensactlona,'* Table 2.
I^vated ae nnnrnnh reftnd dedtctlcxia Tr<m receipts vtaen leaned ax^ ae
eaoh refmd dednetlone lAien redeeoKd.
Ccnaiata of eel^nlon^e en Bllrer end Inoreaent reeultlne frcm reduotion
In the vel^t of the gold dollar; azolnded fr^ recelpta frcm the public
but Included in oaah depoalta In the Treaeurer*B accovnt.
Includee excess profits tax refmd bond rede^>tlons, for vhloh a separate estljnate ie not arallAble.
Less than $$00,000.
Footnotes to Table 4
^
2/
^
penditures for operations are shown in this table in tens of the
ccnblned net of dislnrestaent in rederal securities and sale of agency
abligatiGDs in the aarket, and net receipts fna operations are ah(»ti
in teiae of the c(ablned net of InteiilMiiit in IMeral securities and
redaapticn of agency obligations In tlie aarket,
Mot reported prior to 1$^.
Ccnslste of only those aaitet transaotloBa not olearsd through the
Treasurer's acooizit.
See Table 7, footaiote 1.
Less than $500,000,
farther detail, aee "Budget Beoatpte and Expenditures, " Table 2.
further detail, see '*Trust Aooomt and Other Trwieactlons,'* Tablas 3,
and
IncluAes net obange In baXnuee in Ckjremnant-epcDsored
$.
kf
enterprise deposit fund acoomta vlth the l^asarer of the Uilted States,
net operatii^ expenditures, or receipts (-), as Beasured by fwds proTlded
b7 or applied to net security transaotiona reflected In Treasury reports
(see Table 7). To a large extent, these Quv e Ament -sponsored enterprlsee
secure funde for their operations by direct bomnrine frcn the public or
by oaahlx^ Ptodaral securities shloh they hold, and they apply the
net Inocne recelTed frcn operations to repaynant of borrtnrlng from the
pahllo or to lu ie sUuBnt in Tlsderel securities. On that bssls, net exyear
rw
FootnoteB to Table 5
^
g/
3/
k/
*b and, beginning 19^,
also reljBbureeaent by Fanou Canal Conpany for expenses and serrioes,
and
SurrlTors Insurance Trust
Old-Ago
Federal
by
lelaburseeent
Inclines
mnd for ^MlnlstratlTe expenses and, beginning fiscal year 19^, also
for refmds of tszes (treated as an offset to refrnds rather than being
credited to receipts); relBbureeaaant t7 the District of Coltnbla] and
In 19'»9, proceeds of ship sales vhlcb had been carried in trust
accotnts pending allooation to budget receipts from sale of surplus
property.
Consists of payment of ssonlngs mA repaji»nt of capital stock to ths
Treasmr throi^h 1952, and beginning 1955, pay»nt of franchise tax
by banks for oooperatlTes,
miutss relatlTsljr aaall iiiiiiTii of dsAuetlcns trcm salaries paid b7
iipinsinml onterprloea.
iil
trust fmd^ and
Tslsul IslsiMllsli orsAlt bsi* fnaoklse
Dimn—
Msiit carpoimtlcn shares of
Ccnsists of nilted States and
contributions to •ployeea' retlreswnt funde, and payaents to the
Railroad Retlr«aent Aocoimt (for creditable ailltary Borrloe), the
OuBploy^nt Trust F\zid, reterans' life insurance funds, trust fund
egricultural
f«a* taohnloal eerrloee and other assistsooe under the
cmservatlon prograBi, avards of Indian ClaUns CcaaHsslon, and
2/
6/
District of Coluabla.
CItU
Inclines District of Ooli«bia share of contributions to the
Board to
Serrlco retlreaant fund, payMnts by Railroad BetlnMint
f«»
transfers
F»d,
Trust
Insurance
SurrlTora
Federal OW-Age ai^
rotlreBent fund
ClTll Semce retlr«Mnt find to Foreign Serrlce
Insurance
aiaaployaent
except in 1957, and transfers fro« Railroad
Mmlnlstratlon Fund to CBe«ploy«int Trust Food.
*
Less than $500,000.
Footnotes to Table S
1/
2/
i/
y
2/
Acorwd dlscomt on sarlngs bends and bills less Interest paid on bbtIngB bonis and bills redeened.
Public debt interest accrued and ui?>ald beginning Jino 30, 1955, sfaccounting and reporting fr«M a due and
fectlTe date of the change
payable basis to an accrual basis; for 195'', consists only of public
debt interest checks end coupons outstanding; net Increase, or decrease (-). Sot reported as a separate clearing account prlM- to 195*;
Interest reported uhen paid by Treasurer prior to FOTenber 19't9.
securiTreated as noncash expenditures at the tlae of issuance of the
not
ties anl as cash expenditures at the time of their redaaption;
6/
m
issuance, or redsuptlon (-).
v i.. v.
heW
By
Issued in 1936 in exchange for adjusted serrlce certificates
Teterano of World War I, The bonds matured in igltS,
these
of
pojlnent for accumulated leave. The last
lesiKd in 191(7
bonds matured in 1951.
2/
8/
»
Part of the ttoited States subecrlption to the capital of the International Bank for Reconstruction and DeTelolnent and to the International Hoietary Find was paid in the farm of noninterost-bearlng,
nonnegotlable notes payable on disinnrl (see 19'>7 Annual Report of the
Secretary of the Troasurr, pages kS, 350, and 385). The last of the
notes Issued to the Bank vas redeesMd In 1950.
such net InBj vhoUj owned Gorenment enterprises; beginning 1951,
TestmentB are reported separately and are not included in expenditures
Table
^)
(see "Trust Accoisit and Other Transactions,'
Checks outstanding less depoeits in transit, and telogiaphlc reports
fran Federal Reserre Banks; Increase, or decrease (-). For public
debt interest Included prior to 195'*, see footiote 2.
less than $500,000.
m
Footnotes to Table 7
1/
treatment In Budget
table, beginning 195*, in accordance with
securities by Gov^rnentdocunente, net InrostBent in tJhlted States
^
sponsored enterprises Includes a small «»"<»» '^°<^^,»?'"^^=
D» Table k
the
ridded as rBpreeenting net transactions with these
amounts are in
voder "Trust Accoint and Other Transactions,"
Inrestiiiont.
oliiusd in tn»t and deposit fold account
.,,
, _, . ,
which Is
Accrued discount on savings bonds and bills,
paid on eartngs bonds and
principal of the pubUc debt, less Interest
p^.
2/
1/
redoapticn
transactions at the tiae of rede^tion; set Issuenoe, or
m this
^^f^^ ^
TiSteTtr^aah
transactions at the
tl»
of issuance end as cash
y
5/
6/
•
Biciviled frc* borrowing because the
penditures In Table 6.
tnnsactloDs are tzMted as ex-
...
.^ as
.
datreated
Kicluled frcn borrowing because the tiaasactiona aw
dtKtlons frtjB receipts in Table 3.
obligations.
sgsnoy
and
eeouritles
Market transactlcns in p*llc debt
Leas then $500,000.
.
Treasury Balletn
16
DEBT OUTSTANDmS ABD OIIEASURER'S ACCOUHT
Table 1.- Summary of Federal Securities
(In nlXlloaa of dollars]
TotAl outoteoidilie
Bid of
fiscal
j»ar or
Bonth
Total j/
Public
Guaranteed
detot
eecxirl-
Public
debt
tles Z/
252,798
257,377
255,251
259,151
266,123
271,3'H
232,770
257,357
255,222
259,105
27
20
29
266,071
271,260
52
27k,lilfl
27lt,37'>
U
272,825
280,822
272,751
2,11.8
265
268,910
51
80
2,126
2,351
271,7l«l
•3
2,631.
269,883
73
2,869
277,851
277,799
52
2,970
277,221
277,351
273,539
277,170
277,295
273, l*!
51
2,881
2,816
2,865
56
62
7U
273,133
273,078
273,977
269,883
2,712
2,753
2,869
2,711
2,752
2,868
272,61i5
71.
270,01ill
275,6W
275,565
27l>,26l
79
85
273,037
27lt,3li6
275,372
275,283
89
280,769
53
280,102
280,167
280,0119
53
280,108
58
276,kOlt
276,3l>5
59
April
Hay
June
275,81.5
276,791
272,825
275,789
276,729
272,751
July
August . . .
Sept«Bber
272,719
1955-DoceBber.
1956-Januai7,.
February,
March
October
.
,
y
1^4
71.
1955
1956
MooetaiT
Find
Total
1,063
263,9'<6
195^>
2l>
Public debt
Total
21.5
263,997
268,990
271,785
269,956
1953
aec unties 2/ i/
2.009
250,T«e
255,209
232,852
256,863
1950
1951
1952
Guaranteed
2,012
2,150
2,372
2,2Wt
250,785
255,226
252,879
256,907
19^>9
Hatured debt and debt bearing no Interest
Itatereot-bearlJDg debt
li£
81
2711,038
269,956
17
27
56
57
56
61
73
73
79
271,7l>5
269,972
272,959
271,660
8lt
2,675
2,607
2,601
272,809
272,720
89
2,561.
Source; Dallj Treasury etatenent.
1/ IncluleB certain obligations not subject to 8tatutoi7 limitation.
For anomta subject to llAltatloo, see page 1.
2/ Exclxiles guaranteed securities held by the Treasury.
X/ Consists of FBA debentures beglnnli« March 1953.
U/ Special notes of the United States Issued to the International
Monetary F\nd In payment of part of the United States subscription.
Table 2.-
Other
2/
512
1,270
1,283
2,21.2
1.19
l,27>t
2,125
2,350
2,633
2,868
2,970
298
i,3oe
i,iai
1,567
325
302
857
1,61.5
1.67
2,879
735
660
725
1,673
1,686
1,672
1.69
2,811.
1.63
51.8
1,666
i,7te
666
1,71.2
1.60
2,671.
1.88
2,606
2,601
1.78
1,728
1,673
1,666
'•35
2,563
1.1.5
1,666
1.52
2,863
589
666
580
(natared}
701
613
575
550
2,370
1.37
Guaranteed
securities 2/
1.77
1.60
1.67
1.66
1.63
1.57
1.5l>
pursuant to provisions of the Bretton Woods Agreenents Act. The
notes bear no interest, are noonegotlable ^ and are payable on denand.
Similar notes issued to the Intematlcoal Bank and outstanding
191*7-191.9 are included under "Other."
Includes saTlngs stsmpe, excess profits tax refund bonds, currsncy
items, and notes issued to the International Bank (see footnote 1.).
For current month detail, see "Statutory Debt Limitation," Table 2.
Intereet-BearlnK Public Debt
(In mllllcns of dollars)
.
.,
December 19%
17
DEOT OUTSTAltDIlC
MD
TREflSURKR'S ACCOURT
Table 3.- Special Issues to United States Government Investment Acounts
(In millions of dollars)
Federal
Deposit
Insurance
Corporation
End of fiscal
year or month
32,776
32,356
191*9
1950
1951
1952
3't,653
37,739
^0,538
1953
te,229
666
808
868
888
81.6
FederaJ.
Federal
hcoe
loan
banks
117
119
77
50
50
Federal
Savings
and Loan
Insurance
Corporation
Old -Age
Surrivora
Insurance
Trust Fund
9,003
employees *
retirement
funds
3,270
3,817
I*,
391
15,532
95
79
86
79
61
17,051.
8^
10,1.18
12,096
111, 01.7
Govenment
Life
Insurance
Fund
National
Sorrlce
Ufe
Festal
Savings
Insurance
Fund
1/
^Bt«n
Railroad
Retirement
Account
TJbemploy-
Other
nent
Trust
Fund
2/
7,288
5,21*9
1.52
2,863
3,126
7,71*5
5,602
1,318
1,292
1,300
1,300
1,299
8,287
32
5,851*
1,23"*
5,272
3,31*5
3,l<«6
8,oeit
21.
7,1*79
3,600
7,737
19
112
5,011*
5,31*2
5,'.36
5,191
1,952
1,802
706
552
1,720
2,058
2,1*11*
7,31*0
7
6,616
7,266
13
6
9
'•3,250
't5,U'>
892
835
673
200
18,239
9'*
52
19,1.67
103
6,168
6,667
1,233
1,217
5,31*6
5,1*81
213
91
6
1955-Deceaoter..
1.3,926
667
61.
18,663
93
6,1*57
1,207
5,361.
26
3,1*99
7,789
97
1956-Januflry.
Foto-uary.
1*3,585
1.3,688
735
739
53
18,1.35
6,1.55
1,201*
6,1.1.9
1*3,736
71*0
100
6,1.61.
1,200
1,196
18
6
6
3,502
3,509
7,671
7,678
7,539
97
107
March
18,506
18,682
5,360
5,355
3,'<62
50
50
97
98
April
Ma;
June
1*3,389
52
52
52
18,1.99
19,11*7
19,1*67
101
101
6,1*52
6,1.60
1,190
5,331*
7,1*5'*
1,181.
5,328
103
6,667
1,217
5,1*81
6
6
6
3,1*61.
1*5,111*
732
732
673
3,503
3,600
7,721
7,737
106
107
112
1*5,353
67'*
19,229
19,610
7,185
7,195
6
3,567
3,609
3,586
7,751
8,oe6
7,201.
1,211
1,206
1,203
5,1*73
19,1*83
91
91
91
7,951*
117
119
19,233
91
7,207
1,198
5,1*57
6
3,535
7,905
127
195^
1955
1956
.
l*'*,339
July
232
GoTemment
August. .
September.
05I1
671*
1*5,83'*
675
52
52
52
October..,
1.5, 1.92
673
50
.
1.6
5,3'*3
5,1*69
5,1*61
6
6
IM
U5
funds, FaziB Tenant Mortgage Insurance Fund tlirough March 1956, and
Veterans* Special Tens Insurance Fund.
Source: Daily Treasury statement.
1/ Includes Canal Zone Postal Savings Syotem.
2/ Consists of MJxisted Service Certificate Fund, various housing insurance
Table 4.- Computed Interest Charge and Computed Interest Rate on Federal Securlt les
(Dollar amounts In milliono)
Ccmpated annual interest rate
Total interest-bearing securities
End of
fiscal year
or month
Amount
outstanding
Public debt
and guaranteed securities i/
Public
debt
Cdnputed annual
interest charge
Public debt
Marketable issues
interest'
Public debt
and guaranteed securities 1/
Public
debt
bearing
securities
Total
public
debt
2.236
2.200
2.270
2.329
Bills
2/
Certificates
1.176
1.187
1.569
1.375
2.251.
1.225
1.163
1.875
1.875
2.319
1.75'*
2.31*2
.81*3
1.838
2.1.1.0
1.81.6
2.075
2.751
2.789
2.671
2.585
2.705
2.51*7
2.82>>
2.937
2.1.85
2.812
2.592
2.581
1.936
1.936
2.076
2.1.85
2.1.85
2.1.85
2.815
2.817
2.819
2.593
2.595
2.595
2.601
2.599
2.597
2.075
2.075
2.075
2.1*S
2.1*5
2.820
2.822
2.651.
2.527
2.527
2.625
2.1.85
2.821.
2.597
2.597
2.705
2.606
2.603
2.606
2.566
2.625
2.331*
2.1.85
2.61.6
2.31*2
2.1.85
2.708
2.704
2.61.6
2.31.0
2.1.82
2.8E6
2.827
2.828
2.600
2.51.9
2.701.
2.59k
2.61.6
2.3I1O
2.1.82
2.829
2.703
2.591
5,982
5,981
263,91.6
6,1*32
6,1*11
2.1.38
268,910
2.3te
2.351
2.576
2.351
2.576
2.079
1.539
269,883
6,298
6,387
6,950
2.01.3
271,71*1
6,300
6,388
6,952
2.31*2
1955
1956
268,990
271,785
269,956
2.1.27
2.651.
1.928
1.173
2.625
1955 -Dec ember
277,851
277,799
6,911*
6,913
2.1.90
2.1.90
2.323
2.1.27
2.390
277,221
277,351
273,539
277,170
277,295
6,911
6,925
6,925
2.1.95
2.1.99
2.1.95
2.1.99
2.533
2.533
2.330
2.336
2.390
2.1.85
273,1*81
6,912
6,927
6,926
2.390
2.390
2.527
April....
M<V
June
273,133
273 ,078
273,977
269,883
6,927
6,972
6,952
6,925
6,971
6,950
2.537
2.396
2.1.73
2.1.10
2.1.27
2.578
2.576
2.537
2.5*6
2.576
July
Aug
Sept
270,01.1.
7,031
7,115
7,100
7,029
7,113
7,098
2.605
2.607
2.605
2.607
2.1.76
2.1.81
271,71*5
269,972
272,959
271,660
2.611.
2.611.
2.1*93
2.651
Oct
272,809
272,720
7,170
7,167
2.630
2.630
2.521
2.837
269,956
273,037
2.51.6
Source: Dally Treasuiy statement.
Hote: The computed annual Interest charge reprosenta the amoimt of
outstandinterest that would be paid If each Interest-bearing issue
outstanding for a
ing at the end of each month or year ahould remain
is cancharge
The
Interest.
year at the applicable annual rate of
interest
putod for each Issue by applying the appropriate annual
charge
rate to the amount outstanding on that date. The aggregate
computed
for all interest-bearing lesues constitutes the total
la conputed
rate
Interest
annual
average
The
annual Interest charge.
1/
2/
3/
k/
2.210
2.1.85
5,71*0
2.001
1.958
1.981
2.051
2.207
27l*,038
i/
issues
2.IA)
5,7'*0
2.236
2.200
2.270
2.329
2.U38
March
anteed
securities
2.596
2.589
2.606
2.675
5,606
5,613
1956 -January..
February.
Special
laeusB
2.629
2.569
2.623
2.659
2.720
5,606
5,613
1951*
Hcomarketable
y
250,762
255,209
252,852
256,863
1950
1951
1952
1953
Treasury
bonds
Total
2/
250,785
255,226
252,879
256,907
263 ,997
191*9
Guar-
Total
1.7U
2.528
2.1.26
1.3'*''
1.399
1.560
2.313
2.322
2.327
2.317
2.7I16
2.681.
2.656
2.578
2.575
2.590
2.606
2.591*
tie total, or for
by dividing the ccnputed annual Interest charge for
principal amount.
any group of issues, by the corresponding
Erclalea guaranteed aecuritlea held by the Treasury.
Total Inclules "Other bonda"; see Table 2.
but dlscomt value li
Inclined in debt outatandlng at face amount,
and annual l"<f^'' ™!«;
used in cooputlng annual Interest charge
rate on Uilt^J State.
The annual Interoot charBe and annual Interest
rate to maturity applied
savings bonds are canputed on the basis of the
against the amoint outstanding.
18
Treasury Bulletin
DEBT OUTSTANDING AND TREASURER'S ACCOUNT
Table 5.- Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
i/
December 1956
19
DEBT OUTSTMDIWG AND 'TREASURER'S ACCOUNT
Table 6.- Status of the Account of the Treasurer of the United States
(In mllllcqie of dollars)
Treasury Bullet
20
i
STATUTORY DEBT UMITATIOM
The Second Liberty Bond Act, as amended
195'*, an"! ending on June 30, 1956,
by acts approved August 28, 195"*, and June 30, 1955; &nd
(31 U.3.C.
ginning on August 28,
757 b), provides that the face amount of obligations Issued
under authority of that aot, and the face amount of
by S3 billion beginning on July 1, I956,
and ending oni
obligations guaranteed as to principal and Interest by
the United States (except guaranteed obligations held by
June
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.
30, 1957,
by an act approved July 9, I956.
Obligations
issued on a discount basis, and subject to redemption prior
except that this amount was Increased by $6 billion be-
Table 1.- Status under Limitation, October 31. 1056
(m 1111 ODB of dollare)
Mazljnfli aMoimt of socurltles which 11A7 iM outetandlng at any one tljae, \mder
of Jixis 26, 19I16 (31 U.S.C. 757 t>), as Incrsassd tcBporarllj t>7 the act of
^oupt
of B«curltlee outatandlng subject to
U. S.
GoTement
auota
llBltatlon inpoaad by the act
July 9, lyS^
378,000
statutory debt llsltatlcn:
27^,825
securities issued under the Secccd Liberty Bead Aot, as aoended
^9
G\iar8nt«ed securities (sxcludii^ those held by the Treasury)
Total eaunmt of securities oiitatasdlng subject to statutory debt llsltatlcn
•
BUaoee Issuable mler limtatlcn
Bomc9t
3 ,085
Dolly Treasury atatcMsnt,
Table 2.
27U,915
Application of Limitation to F*ublic Debt and Guaranteed Securities
Outstanding October 31, 1056
(in mi ni/wiii of dollars)
Clasa of anaxari^
^
December 19%
21
.DE3T OPERATIONS.
)
Treasury Bulletin
22
.DEBT OPERATIONS.
Table .1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding Octobei- 31, 1956
(
In fflllliona of dollAre
-
(Continued)
''
December 19%
23
DEBT OPERATIONS.
Table 2.- Offerings of Treasury Bills
(Dollar amoimts in mllUosis}
iBBus iaXe
Treasury Bulletin
21+
DEBT OPERATIONS.
Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
^nnn t
QBto
aubsorlptloo
^ooka wro
opooad
Aammt laauad
of
aubaorlptlooa
Date
of
Daaorlption of aacurltr
tttudarad
laaua
Matiirl<7
>ywti«i\p^
Tor
cash iJ
In aTflhanga
foo* othar
aaeurltlaa
(In BlXllaaa of dollan)
2-lA» Certificate
1./1/53
1-1/2% note
2/l5/5k-A
12/15/58 2/
U/1/58-EA
V13/53
5/1/53
3-1 A* Bonl
6/15/78-83
30 jr
5/20/53
6/1/53
2-5/8$ Certificate
-
6/1/51. -B
1 yr
7/6/53
7/15/53
2-1/2* Certificate
-
3/22/51. -C
a/2/53
.
y
2/15/53
2/15/53
-
2-1/2* Bonl
e.Uk
1 jr
5 yr
8,11U
6eo 2/
-
620 2/
5 jr
383
-
383
25 yr
li
5,250
1.18
-
5/
l.,858
8,687
1,188
ne
-
l.,858
2/
5,902
(tai ant. x/)
8/5/53
8/15/53
2-5/8» Certificate
-
8/15/51.-0
1 yr
2,788
-
9/2/53
9/15/53
9/15/53
2-5/8» Certificate
2-7/8* note
-
9/15/51. -K
1 yr
It,
721.
3/15/57-A
3
.
-
y
10/28/53
U/lB/53
.
2/1/51.
5A/5*
yr
2,997
10/1/53
1-1/2* Rote
10/1/58-EO
5 yr
11/9/53
2 -3 A* Bond
9/15/61
7 yr
10
12/1/53
2/15/53
1-7/8* lots
2-1/2* Bool
12/15/51.-B
1 yr
5 yr
10
2/15/51.
2/15/51.
1-5/8* Certificate
2-1/2* BoM
12/15/58 2/
-
2/15/55-A
U/15/61
yr
7 yr
1./1/51.
1-1/2* Rote
1./1/59-BA
5 yr
s/n/si.
1-7/8* Rote
2/15/59-A
1.
5/17/51.
1-1/8* Certificate
5/17/55-B
1 yr
i-
1,71.8
7/2l/51t
1*
9^3/51.
!i/
11/22/51.
2/1/55
3/22/55
y
2,897
3,886
3,731.
u/15/60
6yr
3
IO/1./51.
1-5/8* Rote
5/15/57 -B
2 yr
7i.
10/1/51.
1-1/2* Rote
10/l/59-H>
5 yr
99
1-1/8* Certificate
1-lA* Certificate
2-1/2* Bond
8/15/55-D 11/
12/15/55-1
8/15/63
3/15/56-A
e/15/57-C
2/15/95 2i/
1 yr
l.,919
2/15/55
2/15/55
2/15/55
1./1/55
1-5/8* Rote
Rote
Bond
2*
3*
1-3/8* Certificate (tM ant. 2i/)
6/22 /55-F
1-1/2* Rote
I1/I/60-EA
5/17/55
2*
8/15/56-B
7/8/55
7/18/55
1-7/8* Certificate (tax ant. 26/)
7/11/55
2/15/55
8/1/55
3*
2*
5/17/55
2*
1./1/55
7/20/55
10/11/55
Rote
Bond
2-lA* Certificate
-
1 yr
8
1 yr
2 yr
6
1.0
1
I
8,1.72
1
3,792
yr
1,921.
8,1.72
3,792
UO yr
3,171.
198
gi/
2i/
1 yr
3
e
6/22/56-0
I
I
I
2,532
3,171.
Si/
2,202
821 21/
1,720 2i/
lOj
21/
3,210
10,620
6^/56-B
1,921.
21/
7,938
3,989
11/
5,359
6,755
198
1 yr
3/22 /56-A
8/15/56-B
99
l.,919
IZ/
5,359
6,75?
I
5 yr
2jt/
3,806
l.,155
8,190
1 yr
8yr
3,55812/
3,558 11/
3,806
)
2i.
2/15/95 21/
Certificate (tax ant. 22/)
Rote
2,897
3,886
9,250
8/15/55-D 11/
5/3/55
10/3/55
2,205
1-1/8* Certificate
2-1/8* Bond
8/15/51.
12/15/51.
12/15/51.
U9
119
3/22/55-C
2/
7,007
1,177
9,750
8/15/51.
8/3/51.
.
Certificate
(tax ant. i^/)
1,71.8
U,177
yr
721,
8,175
2/
7,007
1
I,,
2,997
121
2,239
8,175
5/5/51'
•
-
121
12,51.3
2,788
1,1.86
1,1.86
6,8H 2k/
6,81.1
2i/
2,970
.8,778
(tax ant. 22/)
10/1/60-K
10/1/55
1-1/2* Rote
U/28/55
12/1/55
12/1/55
2-5/8* Certificate
2-7/8* Rote
-
3/5/56
12/1/55
2-5/8* Certificate
2-7/8* Rote
-
3/5/56
I./1/56
7/16/56
7/16/56
8/6/56
8/15/56
2-3A* Certificate
i/
278
278
1 yr
2 yr
1-1/2* Rote
I./I/6I-EA
5 yr
IW
lUk
2-3/1.* Roto
8/1/57-D
yr
12,056
12,056
(tax ant.
!s/
5 yr
12/1/56-D
6/15/58-A i2/
2/15/57-A
6/15/58-A i2/
10/1/56
1-1/2* Rote
12/1/56
3-lA* Certificate
-
9,083
2,283 32/
6
iii
7,219
2,109 32/
2 yr
1
9,083
2,283 J2/
7,219
a, 109 32/
3/fe2/57-B
3,221
10,613
iJ/)
10/1/61-BO
-
6/21. /57-C
5 yr
6J:
33
33
1,312 t
1,312 p
7,271 V
7,271 p
(tax ant. ix/)
u/19/56
12/1/56
3-lA* Certificate
Pootnotea on following page.
-
10/1/57 -D
10
I
.
.
25
December 19%
.DEBT OPERATIONS.
Footnotes to Table 3
Bureau of the Public Debt. Preliminary figures are fron subscription az^ allotioent reports; final figures are on "clearance"
basis In dally Treasury statement.
Zj Consists of all public cash subscriptions and slibscrlptlons by
United States GoTermnent Investment accounts.
2/ 'Die 2-l/25t bonds dated Fobmary 15, 1953, vers reopened with all
the bonds of the series Identical In all respects, as an exchange
offering for the 2-1/856 notes which matured December 1, 1953.
Total exchanges In the two offerings amounted to $2,360 million.
3/ Holders of the 1-7/8)6 certificates which matured Pebruaiy 15, 1953,
were offered a choice of exchanging the securities for either the
cue-year certificates or the flve-yeai-, ten-month bonds.
on December 15, 195*, were offered a choice of exchanging the secttPltles for either the I-I/8* certificates, the 1-1/** certificates, or
the 2-1/2* bonlB.
The 3* bonds dated Februaiy 15, 1955, were reopened with all the
bonds of the series Identical in all respects, as an additional cash
offering on July 11, 1955. The total emount issivd in the two
Source:
y
6/
!/
Exchange offering available to owners of nonaalSretable 2-3/'*l6
Treasury Bonds, Investment Series B-1975-6O, dated April 1, 1951.
For further Infomatlon on the original offering see "Treasury
Bulletin" for April 1951, page A-1. Amounts shown are as of
November 30, 1956.
» _. Series F and C
The bond offering was made available for exchange of
savings bonds maturing from May 1 through December 31, 1953
approximately
Total allotments on cash subscriptions were United to
and including
$1 000 million. Sonbank subscriptions in amoonta up to
allotted
$5*000 were allotted in full. All other subscriptlonB were
to an
restricted
were
subscriptions
ao'percent. Oaanerclal banks'
of
amount not exceeding 5 percent of their time deposits as
allot
to
December 31, 1952. The Treasury also reserved the right
investment accounts,
limited amounts of these bonds to Government
which subscribed to a total amount of $ll8 million.
acceptable at par plus
Also designated tax anticipation certificates,
and profits taxes
accrued interest to maturity in payment of Income
8/
i/
10/
ii/
12/
W
luy
127
were allotted
sSbs^^iSi for Amounts up to and Including $100,000
were allotted 67
in full. Subscriptions for amounts over $100,000
percent but In no case less than $100,000.
were offered
Holders of the 2* bonds which mtured September 15, 1953,
either the one-year certifia choice of exchanging the securities for
cates or the three-and-one-half-year notes.
were allotted in
Subscriptions for amounts up to and Including $10,000
companies,
Subscriptions from mutual savings banks, Insurance
full
govemmenta were
pension and r^tlrenrat funds, and State and local
oonnerolal banks, were
allotted 2k percent. All others, including
one subscription.
allotted 16 percent but not less than $10,000 on any
Holders of the 2-1/8^ notes maturing December 1, 1953, were offered
a choice of exchanging the securities for either the twelve-and-onehalf-month notes or the five-year, ten-minth bonds.
Holders of the 2-l/lt)6 certificates which matured February 15, 195'»,
and the 1-3/8* notes maturing March 15, 199*, were offered a choice
the
of exchanging the securities cm FebruaiT 15, 195'», for either
one-year certificates or the seven-year, nine-month bc»ds. In addition, holders of the 256 bonds maturing Jine 15, 195"*, and two
loBiMS of 2-1/U16 bends caUed for redsii?itlon on June 15, 195^*, were
given on opportmilty to exchange their hoMlngs on Februaiy 15, 195*,
for the 2-1/2* bends.
^
.....;.
Subscriptions forsmounts up to and including $10,000 were allotted
no
In full. All other subscriptions were allotted 22 percent but In
case less than $10,000.
offered
Holders of the 2-5/8* certificates maturing June 1, 19?*, were
the
a choice of exchanging the securities on May 17, WS"*, for either
one-year certificates or the four-year, nino-nonth notes.
Also designated tax anticipation certificates, acceptable at par plus
accrued interest to maturity In payment of income and profits taxes
„
16/
11/
i8y
19/
20/
due March 15, 1955.
.
^
,,
Subscriptions for amomta up to and including $50,000 were aLUsttod
in fuU. Subscriptions for amotnts over $50,000 were allotted
IlO percent but In no case less than $50,000.
The 1-1/8* certificates dated August 15, 195^*, were reopened with
all the certificates of the series identical In all respects, as an
exchange offering for the 1-7/8* notes, i*lch matured December 15,
bends
1954, the 2* bonis which matured December 15, WS^*, and the 2*
which were called for redemption on December 15, 195'>- Total ex$8,U77
million.
to
amounted
changes In the two offerings
Holders of the 2-5/8* certificates, maturing August 15, 195't, and
the 2-5/8* certificates, maturing September 15, 195*, were offered a
choice of exchangii^ the aecurltles oa August 15, 195*, for either
the one-year certificates or the six-year, three-month bonds.
Subscriptions for amounts up to and Including $50,000 were allotted
Subscriptions for amounts over $50,000 were allotted 50
In full.
percent but In no case lees than $50,000.
Holders of the 1-7/8* notes maturing December 15, 195*, the 2* bonds
maturing December 15, 195*, and the 2* bonds called for redemption
21/
22/
operations was $2,7^5 million.
Holders of the 1-5/8* certificates maturiJ« February 15, 1955, aiA
the 1-1/2* notes maturing March 15, 1955, wers offered a choice of
exchanging the securities on February 15, 1955, for either the oneyear, one^nonth notes or the two-^ear, six-month notes. At the
same time holders of the 2-7/8* bonds of 1955^^0, called ^for
redemption on March 15, 1955, were offered a choice of exchanging
the securities on February 15, 1955, for either the one-year, onemonth notes or the forty-year bonds.
Also designated tax antiolpatlcn certificates, acceptable at par plus
accrued Interest to maturity in payment of loooae and profits taxes
due June 15, 1955The 2* notes dated Nay 17, 1955, were reopened with all the notes of
the seriea identical in all respeots, as an exchange offering for the
1-1/8* certificates maturing Ai«ust 15, 1955. Total exchanges in the
two offerings amounted to $10,015 million.
Cash subscriptions for $100,000 or loss were allotted In full. Subscriptions for more than $100,000 were allotted 62 percent but in no
caae less than $100,000.
Alao designated tax anticipation certificates, acceptable at par plus
accrued interest to mBturi-t^ in payment of Inooae end profits taxes
due March 15, 1956.
Suiaorlpticns for $100,000 or less wore allotted in full. Subsorlptlons for more than $100,000 were allotted 19 percent but in no caae
less than $100,000.
Subscriptions frcai savings-type investors totaled $7*9 nllllan and
were allotted 65 percent. Subecriptlons from all other Investors
totaled $970 millian and were allotted 30 percent. Subscriptions
for $25,000 or less were allotted In full. Subecriptlons for aim
than $25,000 were allotted not less than $25,000. In addition to the
amount allotted to the public, $2? million of the bonds were allotted
to Oovemment Investment accomts. Savings-type Investors were given
the privilege of deferring paymen* 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 psrcent by September 1, 1955, and full payment
by October 3, 1955.
Also designated tax antloipetloa certificates, acceptable at par plus
accrued interest to maturity in paymsnt of Income «Qd profits taxes
due June 15, 1956.
Holders of the I-I/8* certificates which matured Ateust 15, 1955, were
offered a choice of exchai^lng the securities on August 1, 1955, for
either the ten-and -one-half .month certificates or the one-year, threemonth notes.
Subecriptlons for $100,000 or less were allotted In full, Subacrlptlonfl for more than $100,000 wore allotted 32 percent but In no case
less than $100,000.
The 2-7/8* notes dated December 1, 1955, were reopened with all the
notes of the series identical in all respects, as a partial exchange
offering for the 1-5/8* notes maturing March 15, I956. Total exchangee In the two offerii^s smounted to $1* ,392 million.
Holders of tie 1-lA* certificates and 1-3 A* notes, both maturing
December 15, 1955, were offered a oholce of exchanging the securities
on December 1, 1955, for either the one-year oertlfioates or the twc^
and^ons-half-year notes.
Holders of the 1-5/8* notes maturing March 15, 1956, were offered a
choice of exchanging the aecurities on March 5, 195°, for either the
notes.
eleven-and-half -month certificates or the two-and-one-half-year
pomltted to
Holders of the I-I/2* notes maturing April 1, 1956, were
exchange their securities only for the certificates,
Also designated tax anticipation certificates, acceptable at par
plus accrued Interest to maturity In payment of income and profits
taxes due March 15, 1957.
Subeorlptlons for $100,000 or less wore allotted In full. Subscriptions for more than $100,000 were allotted 29 percent but In
no case less than $100,000.
acceptable at par plus
Also designated tax anticipation certificates,
Income and profits taxes
accrued Interest to maturity in payment of
'
22J
gW
25/
26/
27/
28/
29/
30/
31/
32/
ilJ
2lt/
i2/
,
,
32/
^
,
3S/
p
1, 1956, were
f"^ «1*^«^,'^'
offered a choice of exchanging the securities
ten-month
the
or
certificates
one-half .month tax anticipation
certificates.
ProlUnlnarj
Bolde^of^ihe 2-5/8* certificates maturing December
^""^'
,
26
.DEBT OPERATIONS
Table 4.- Allotments by Investor Classes on Subscriptions for Marketable Issues of Treasury
Bonds, Notes, and Certificates of Indebtedness 1/
(In Billloaa of dollAra)
leaoe
27
December i95b
.DEBT OPERiO'IOHS.
Table 5.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
CallM or
aktorliig
ssoutl^ 1/
IsBiie
Ssaortptlon
data
outetandlDg
I)l0po0lti(m offers
Besultfl of az-
by Ireutnr
ohange offers
Cash
petliw-
Szctaange
ent
offergd
(In
inimiB
clisDged
of dollars)
7/1/52-B
8/15/52-C
9/l/5e-B
8/1/51
9/15/51
10/1/51
583
1*31*
1,^
1,575
lO/l/se-K
10/15/51
10,861
1-7/8* Certificate
12/1/52-J
12/15/51
1,063
1-7/8* Certificate
2/15/53-A
3/1/52
8,868
1-7/8* Certificate
Bead
2*
6/1/53-B
6/15/53-55
7/1/52
10/7/40
'*,963
1-7/8* Certificate
1-7/8* Certificate
1-7/8* Certificate
Total..
5,ai6
2,1*16
1-7/8* Certificate
725
5,688
2*
Certificate
8/15/53-C
8/15/52
2,682
2*
Bend
9/15/51-53
9/15/1*3
7,986
2-1/8* Bote
12/1/53-A
10/1/52
10,5'i2
2-l/lt* Certificate
2/15/54-A
2/15/53
8,11"*
1-3/8* Bote
3/l5/5l»-A
12/l5/'t9
'*,675
Bo^
2*
2-l/U* Boal
6/15/52-5'*
6/26/W
6/15/52-55
2/25/I12
5,825
1,501
2-l/ll* BoDd
6/l5/5'*-56
7/22 /"to
681
3/22/5l*-C
7/15/53
5,902
6/15/52-5U
6/15/52-55
6/26/Ul*
1,7<*3
2/25/1*2
6/15M-56
7/feAO
373
311
6/1/5^-B
6/1/53
U,858
Total
20,796
2-1/2* Certificate
Bend
S-lA* Bond
2-lA* Bond
2*
2-5/8* Certificate
Total
.
"
Mcnrltr
7,285
2-5/8* Certificate
8/l5/5*-D
8/15/53
2,788
2-5/8* Certificate
9/15/5't-E
9/15/53
U,72l*
Total
7,512
i-7/8* Bote
12/15/5U-B
12/1/53
8,175
2*
Bond
- 12/15/52-5'*
32/1/1*1*
8,662
2*
Band
- 12/15/51-55
I2/I5A1
510
Total
17,3'*7
'*,963
ToRlsd
In
for
oaah 2/
DesorlptSoQ of nev
secnriV offered
.
.
28
Treasury Bulletin
.DEBT OPERATIONS.
Table 5.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness - (Contlnuedl
Cttlled or
Date of
ro finding
or rotlPB-
Batuni^ oecurltj
^
Dlapoeltlon offers
Treaaury
Seaulta of exchange offers
toy
lB6Ue
date
Soscrlptlaa
ent
A&OUQt
oxit-
atimdlns
Description of new
eecurltj offered
Tunud
Sichaoge
Becurlty
offered
Caah
retiremeat
changed
In for
caah 2/
(In Kllllons of dollars)
l-5/8)t Certificate -
2/15/55-A
2/l5/5"t
7,007
7,007
5.735
1,166
I
I
2/15/55
l-lyfeHWote
-
3/15/55-A
3/15/50
5,365
5,365
2,*1*
2,626
f
1
2-7/8jt Bond
- 3/15/55-60
3/15/35
2, 611
2,611
323
1,92*
I
I
106
}
I
1-5/8* Rote
Rote
-
3/15/56-A
8/15/57-C
1-5/8* Roto
Rote
2*
-
3/15/56-A
-
8/15M-C
1-5/8* Rote
-
3/15/56-A
2/15/95
2/15;
2*
I
326
36*
i
3*
1*,983
1*,188
795
of 1-5/8* Roto
Rote
3,792 of 2*
Bond
1,92* of 3*
3,886
3,17*
712
2*
Rote
1,*86
6,8*1
1*9
I
2*
2*
Certificate Rote
8,liT2
H»,983
Certificate 1%
1-1/8* Certificate -
3^/55-C
8/2/5*
3,73*
5/17/55
5/17/55-B
5/l7/5lt
3,886
6^/55
l-3/8)t Certificate -
6/22/55-F
Vl/55
3,210
8/1/55
1-1/8)1 Certificate -
8/15/55-D
8/15/5*
8,*77
3/22/55
12/1/55
l-lAll Certificate - 12/15/55-K
12/15/5*
- 12/15/55-B
12/15/50
I-3A* Note
3,73*2/
8,*77
J
5,359
5,359
i
1
*.158
81*
387
6,85*
6,85*
{
*.925
*60
12,213
12,213
I
I
(
I
I
1
11,366
8U7
1
I
3/15/56-A
i-5/8» Bote
2/15/55
8,*72
8,*72
I
6,215
1U8
12,109
3/5/56
1-1/3* Rote
lt/l/56-EA
"•/I/51
Total.
1,007
1,007
9,*79
1,005
9,328
9,*79
t
t
2
151
f
1
3/K/56
1-7/8* Certificate
-
6/S2/56
2*
Certificate
-
6/22/56-8
6/22/56
2-lA*
Certificate
-
6/22/56-C
7/16/55
2*
-
-
8/15/56-B
lO/l/56-K)
5/17/55
10/1/51
12,5*7
550
note
1-1/2* Bote
3/?2/56-A
2,200
2,202 lU/
8/1/55
1,*86
10/11/55
2,970
1,*86 15/
2,970 15/
7/18/55
Total
8/15/56-B 10/
,
3,210 il/
159 i6/
12,388
550
11,528
528
860
22
12,938
12,056
eee
13,097
159
9/15/56
2-3A* Bond
-
9/15/56-59
9/15/36
982
982
12/1/56
2-5/8* Certificate
-
12/I/56-D
12/1/55
9,083
9,083
f
i
Sois^e: Bureau of the Public Debt Dsbt. PrellAlnsry figures are frca subscription and allotment reports; flnsl figures sre on "clearance" basis
In daily Treasury etatenent.
1/ Original call and aaturity dates are used.
2/ All by inrsstors other than Federal Feserre Banka.
3/ The 2* certificates aaturlng August 15, 1953, vere reopened for the
Dsceaber 1, 1952, refimdlng (see Table 3)'
k/ The 2-1/^* bends aaturlng Deceaber 15, 1958, vere reopened for ths
Dsceaber 1, 1953, rsfindlng (see Table 3).
5/ On Roreaber 9, 1953. the Treasury purchased tnm the Federal Keeerre
3ystea ai^ retired $500 Billion of the 2-1/8* Treasxary notes aaturlng
Decsaher 1, 1953. For further detail see "Treasury Bulletin" far
Roreaber 1953, Page A-1.
6/ It had been annomced that holders of these bonis vould be glren an
opport\filty to exchange thea for another Treasury issue after
February 15, 195*. This exchai^e offerii^ vas Included In the refmdings of May 17, 195*.
2/ Tax anticipation series; $2,669 Billion redeeaed for taxeB due
March 15, 195*, and $3,233 Billioo redeenod for caah.
8/ The 1-1/8* certificates aaturlng August 15, 1955, vere reopened for the
Deceaber 15, 195*, rofaidlng (see Table 3).
2/ Tax anticipation ssrles; $2,2l6 allllon redeeaed for taxes due March 15,
1955, and $1,518 allllcB redeeaed for caah.
12/
11/
12/
13/
1*/
15/
16/
12/
p
1,312 P
7,271 p
^500p
6/22/56-B Ig/
8/15/56-B Ifi/
-
I2/I/56-D
-
6/15^8-A
2-5/8* Certificate 2-7/8* Roto
I2/I/56-D
,
6/15^8^
li/
2-5/8* Certificate
2-7/8* Rote
9,063 of 2-5/8* Certificate
2,283 of 2-7/8* Cortlflcote
2-5/8* Certificate
2-7/8* Rote
-
2-5/8* Certificate
-
-
2/15/57-A
6/15/58-A 13/
2/15/57-A
7,219 of 2-5/8* Certificate
2,109 of 2-7/8* Rote
Rote
-
8/1/57-D
3-lA* Certificate
3-lA* Certificate
-
6/2I1/57-C
-
lo/l/57-D
2-3A*
U/
The 2* notes aaturlng August 15, 1956, vera reopened for the August 1,
1955, refunding (see Tahle 3).
Tax anticipation series; $1,917 allllon redeeaed for taxes due
Jtne 15, 19^5, and $1,293 Billion redeeaed for cash.
Also deslgn^.ted tax anticipation certificates, acceptable at par plus
accrued interest to aturlty In pajraent of Inccne and profits taxes
due June 15, 1956.
The 2-7/8* notes aaturli^ J\aie 15, 1958, were reopened for ths March 5,
1956, refmllng (see Table 3).
Tax anticipation esrles; $1,67U Hllllco redeeaed for taxes das
March 15, 1956, and $528 nilllcn redeeasd for caah.
Tax anticipatico seriesi of the 2* certificates $1,013 allllon vere
redeeaed for taxes and $^73 sdlllan for cash; and of the 2-lA*
certificates $1,891 Billion vere redeeaed for taxes snd $1,079 nllllcn
for cash.
During June 1956, $159 nllllaa of 2* Treasury notes, aaturlog August 15
1956, vere purchased by the Treasury for account of the Sinking Fund an
retired
Also designated tax anticipation certificates, sccsptabls at par plus
accrued Interest to aaturity In payaent of Innrae and profits taxes
due Jvaie 15, 1957.
Frellalnaxy
December i9%
29
.UNITED SIflSES SAVIBCrS BONDS.
United States eavlnge bonds were first offered in
March 1935 and began to mature in March 191*5. Series A-D
were sold between March 1935 and the end of April 19'*-1.
and 3eries E, F, and G were first offered in May 19'*1.
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;
details of these changes see 'Treasury Bulletin' for
May 1952, page A-1. Series F and
began to mature on
May 1, 1953. For the exchange offering made to holders
of these bonds maturing through December 31> 1953, see
the May 1953 issue, page A-1.
The Treasury invited
holders of Series F and G which began to mature in January
195''^
to reinvest the proceeds in other series of savings
In the tables which follow, Series A-F and J sales
to retain them with an extended maturity of 10 years at
bonds.
specified rates of interest accrual; or to exchange them
are included at issue price and total redemptions and
for Series
May
1,
bonds.
1952.
A number of changes became effective
The rate of
The principal ones were:
amounts outstanding at current redemption values.
Series Q,
and K are included at face value throughout.
Matured
H,
interest accrual on Series E was increased, especially for
bonds which have been redeemed are included in redemptions.
the near term, with corresponding changes in extended
Series E; and Series P and
were replaced by two new
Issues, Series J and K, also at higher interest rates.
A new current-income bond. Series H, similar in interest
Matured F and
return to Series
E,
was offered beginning June 1.
bonds outstanding are included in the
interest-bearing debt until all bonds of the annual series
have matured, when they are transferred to matured debt
upon which interest has ceased.
For
Table 1.- Sales and Redemptions by Serl es. Cumulative through October 31, 1956
(Dollar anouDte in millions)
. ..
30
Treasury Bulletiti
.UNITED STAEES SAVIHGS BOHDS.
Table 3.- Sales and RedeinptlonB by Periods, Series B
through K
(In mlllloae of dollars)
Bsrlod
Salsa
Accnasd
dlecount
Sales plus
accrued
discount
Bedeajitlaaa
Salss
price k/
Total
Aaomt outstanding
1/
."/
Accrued
discount
^
Interest-bearing
Matured debt
detit
Series g and H conMLned
Fiscal years;
1
19'tl-19l>9
1950
1951
1952
1953
6/..
1955 5/
1956
195".
5*,70lt
2,77".
3,993
3,212
3,296
*,06l
895
1,035
57,'>79
".,887
".,307
1,1U
l.,l«37
1,120
1,126
1,123
5,181
5,779
l.,3".5
6,3".8
l,llll
".,653
5,225
5,260
Calendar yeaig:
19IH-19U9
1950
1951
1952
1953
56,662
3,668
3,190
3,575
U,368
195''
".,889
1955
5,368
3,201
971
1,080
1,120
1,128
1,126
1,113
572
111
551.
36,01.8
37,1.82
l.,5W.
23,856
3,326
3,987
3,583
3,538
3,791
3,909
636
39,285
6,37H
".,730
1*,072
658
1.0,929
59,863
".,639
26,097
3,912
U,270
".,036
".,69^
5,".96
".,098
".,157
6,015
6,k8l
25,510
3,667
3,688
3,622
3,625
3,909
'.,652
3,91.9
2". ,351
3,521
".,295
"(,008
".,038
"•96
33,127
195
307
3"., ".9".
1.25
500
588
3l.,506
3l.,905
33,766
2".5
3'.,l.93
3".8
3l.,727
1.76
35,32".
531
535
702
36,663
38,233
"«),063
Mop the I
1956 -January.,
February.
March....
1.50
395
55
10,296
1.76
8".
560
5'.9
65
57
l«),l.88
81.
368
"KW
3(B
"165
Aporll....
"tlU
1.91.
1.02
3".5
505
512
1.12
355
351
57
57
".0,729
".0,822
1U),929
555
".31
May
I1I8
81
86
Jme
398
11".
July
August...
"A3
I187
ItlU
September.
335
112
85
85
USO
October.
390
80
U70
I103
".05
2l.,325
19'.1-19'.9
1,680
1,871
629
501
1950
1951
1952
1953
195^6/
81.1
1955 6/
1956
1,21.9
586
Calendar years:
19".1-19".9..
. . .
1950
1951
1952
2".,993
2,lk)6
770
586
1953
1,32
1951.
1,281.
1955
907
Months
1956 -January...
February..
March
April
Hay
Jme
72
68
53
39
33
39
July
ks
August. ...
September
20
October..
25
31.
2U
5".
"«3,637
380
376
357
332
lt8
1.1,053
1.1,126
".1,166
1.11
353
57
1.1,226
Series F, O, J, and
Fiscal yearai
3".3
E
C<BblJied
55
57
. ...,
.
31
December 1956
.ONIIED
STJffiES
SAVUKJS BOHDS.
Table 3.- Sales and Redemptions by Periods, Series B through K -(Continued)
(in millions of dollars)
Accrued
discount
RedGonptlons 2/
Sales plus
accrued
discount
^
Sales
price h/ 5/
Accrued
discount
^
Amount outstanding (Interestbearing debt)
Fiscal years:
19'tl-19't9
1950
1951
1952
1953
195^
1955
1956
5li,70U
2,77''
3,993
3,272
3,266
3,100
3,988
895
1,035
1,111
1,120
1,126
1,123
"•,095
l*,219
l,llll
57,'t79
"1,887
lt,307
2't,351
3,521
"•,377
lt,295
lt,008
U,a21
1,032
5,UU
'»,319
5,218
5,333
it.itgo
59,863
26,097
3,912
h,(ez
23,856
3,326
3,987
3,583
3,532
3,765
3,85*
3,96U
'.96
33,127
195
307
3!i,'t9"t
1(25
3'»,506
3'>,875
500
35,66U
55"!
36,'.58
636
658
37,186
37,898
Calendar years:
56,662
19'tl-19't9
1950
1951
1952
1953
3,668
3,190
3,393
3,906
195''
'•,023
lt,192
1955
Months:
1956-January. .
February.,
March
3,201
971
1,080
1,120
1,128
1,126
'»,639
l»,270
"1,036
't,513
5,03lt
"1,098
5,1'>9
5,30"*
Ii,lt06
m
376
372
'(,572
25,510
3,667
3,688
3,622
3,609
3,871
3,870
"(.I'll
588
33,766
2I15
3'»,'*93
3't8
1(76
3'*,727
35,1'»3
531
535
70e
36,036
36,778
37,510
8k
&t
't60
157
ttl
360
388
387
295
331
55
65
57
37,617
37,717
37,786
57
57
5k
37,816
37,851
37,898
April
May
June ••.•
3l»2
81
1,22
392
335
351
325
86
U37
^29
i*oe
3't5
UU
392
338
July
August...,
September
351
336
289
112
85
85
It6k
U18
363
ICl
1102
3"*5
55
57
366
318
1>8
October.
338
80
373
!H8
37,962
37,970
396
339
58
37,992
37,9"t3
Series H j/
Fiscal years:
1952
1953
195"*
1955
1956
30
360
665
1,130
30
360
665
1,130
l,0!tl
l,Oltl
6
6
30
385
26
55
108
26
i,oei»
55
108
2,099
3,031
Calendar years:
1952
1953
ite
182
1)62
1»62
16
16
181
627
195't
866
1,177
866
1,177
38
38
1,1*55
79
79
2,553
135
100
92
135
100
92
9
1955
Mentha:
1956-Jaimai7. .
February,.
Ma3xh
April
May
June
July
August . . .
September
October
Source:
.
.
8
8
:i2
12
2,679
2,771
2,851
10
10
12
10
10
12
2,913
2,971
3,031
3,16".
9
72
72
68
68
73
73
91
66
91
66
13
12
13
12
1.6
1.6
11.
11.
3,197
52
52
lU
lU
3,23''
Dally Treasury statament; Bureau of the Public Debt.
Footnotes at and of Tabla U,
3,110
..
.
32
Treasury Bulletin
.UHITED STJOES SAVIHGS BOHDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(In mlUloos of dollAre)
Matorsd bonds
Bsrtod 8/
IkBAtiirad booda
Serlaa 8
Total
Total
aatured 5/
Serlaa
A-D
roir
oaah
In exchange
for Serlaa G
anl E
Sanaa
aM C
r
Total
naatnrsd.
Salaa
price k/
Accrued
dlaooont
Flaoal jaara!
1951
1952
6,137
5,109
5,621
6,515
7,251
7,9.6
1953
195"t
1955
1956
817
79e
1,T61
38
779
90
5,320
*,317
3,860
3,768
3,310
3,583
*,996
*,0*6
3,622
3,577
3,1*2
3,*39
32*
271
238
191
168
*,853
*,879
*,059
3,831
3,81*
3,071
*,583
*,571
3,806
3,613
3,655
2,90*
270
308
253
217
589
37
198
1,128
2,71.7
31
18
37
69*
1,126
l,'.87
1,1.86
3,9kl
Ik
1,826
1,917
1,825
1,917
25k
968
1,328
1,500
2l>9
96e
1,326
1,*99
2,01.7
2,0l>7
165
196
165
227
600
*9
211
26*
296
*3*
251
36I1
351
257
30*
1*
38k
1*
•.,263
U
Toe
6fle
2/
1,2*1 2/
2,101
2,335
lU
Ca T f<ndiir yeara:
1950
1951
1952
1953
195*
1955
5,810
5,651
5,07*
6,9*
7,301
".,230
1,126
660
526
611
60l>
393
165
196
165
571
571
815
307
275
381
165
l6o
132
165
160
152
1*1
115
229
7'»9
381.
151.
582
523
312
207
160
130
IS*
160
130
229
151
76
270
316
6I1I.
2li6
157
157
89
398
6,11.9
MontlM:
1956->ran«a7 . .
February.,
MArch
April
Hay
Jme
July
August
September.
October .
.
987
518
987
772
1,015
2,318
3,171
1.7
2l>
1^
13
Sonroe: Dally Trsasury Btat«nent.
Details by series on a ctmulatlTe basis and by periods for Series A-D
ccBBblned will be found In the Pebruary 1952 and prsrlous Issues of the
"Treasury Bulletin."
2/ Includes exchai^ee of matured Series E bonds for Series G bonds beginning May 1951 and for Series E bends beglmlng May 1952.
3/ Includes both matured and umatured bonds; see Table *.
*/ IiKludsa total ralue of redtmiptlons not yet claaslfled between maturad
and unaatinvd bonds
5/ A change In procedure, beglmlng In June 195*, for jtrocessli« redeeaied
saTlngs bonis has resulted In a high lerel of rsdsmptlons not yet
classified between aatored and umatured bonds. This Increase t«Biporarlly obscures the relatlonohlp between the redemption colmns shewing sales price an! accrued dlscoxmt In Tables 2 through * and also
the ralatlcnshlp between the matured and uzmatured sections of Table *.
(See also footnote *.) llie subsequent distribution of this high lerel
i/
6/
9672/
1,657
2,169
361
111*
283
*22
159
167
U
12
13
13
12
13
13
U
Of imclaafllflod rodOHptloiiB vmj be laxso anotigh In anj Bonth to ehcw
redMKptloDB of naturod bondfl for a series Id Table U vblcb are greater
tban the total redso^lons of that serlea ae abovn In Table 3 , ^i^ to
ehov a negatlre In the tHaatured section of Table U.
Beductlcne vers nade In Issues and redeaptlODa of Series K, H, 7, Q,
J, and K in July 19^ to ccnpeneate for tiie erroneons Inclwlon of
reissue transactlooB In Jtme 19^ as reported In the daily Treasxnr
atatenent. The eooouita Inrolved vera as foUt^re: $l8 nlUloo for
iBsuaa of Serlea S end H and $17 alUlcn for lasusa of Series ¥, G, J,
and K; and $35 ulXllon for inclaaalfled ratlronenta.
Salsa began Juu 1, 19^.
Ccnparable data are not orallable prior to January 19^*
Ixuludea exchangea of Series 19l»l F and G aarlngs bends for Treasury
3-lA* l>«»lfl of I97&-Q3.
Laaa than $^00,000.
1
December 19%
33
.OWNERSHIP OF FEDERAL SECURITIES.
Table I.- Distribution of Federal Securities by Classes of Investors and Types of Issues
(In »nl1nnii of aollars)
Intereet-bearlQg aeourltlee leaued
liy the D. 3. GoreniBent
HeM
Bid of
flsoal
year or
Total
Federal
oecurltlee ont-
onth
Btanfllng
Total
ont-
1/
atanrilng
W^9
^
38,288
37,830
10,958
W.,335
195^
1955
1956
271,3lH
268,910
l^9,3kO
27lt,lil8
271,7'tl
50,536
272,825
269,883
1955-Dec..
280,862
1956 -Jan..
Ftab..
280,102
280,167
Mar..
276,liOU
May..
June.
276,791
272,825
275,8lt5
Held by private
Inreatora 2/
Beld hjr
Federal
Baaerre
Baaka public
leauea
32,776
32,356
31,653
37,739
10,538
19,313
18,331
22,982
22,906
21,716
193,131
199,018
188,911
189,623
191,610
130,117
131,629
111,663
115,185
53,1*70
7,111
7,286
8,356
12,229
13,250
15,111
25,037
23,607
23,758
277,799
51,723
7,798
13,926
277,170
277,295
273 .Wl
51,651
51,791
51,888
8,069
8,106
8,153
51,511
52,520
53,170
53,768
51,379
51,112
8,155
8,181
8,356
8,111
53,883
July.
Aug..
272,719
Sept.
27lt,3li6
Oct..
275,372
272,720
117,560
Held tgr prlTata
Inreatora i/
Held by
n. 3.
GcTemMont
Pabllo
azicetable
lasoee
5,502
5,171
6,305
6,596
7,021
273,078
273,977
269,883
269,972
272,959
271,660
275,6li't
Special
lasoee
Public
iasuea
250,762
255,209
252,852
256,863
263 ,9li6
1953
GOTemnent
inveeXaaat accoonta 2/
252,798
257,377
255,251
259,151
266,123
1950
1951
1952
V, S.
Intereet-bearin^ aeonrltlea guaranteed by the tJ. S. Goreznaent }^/
Publlo
noQaarketable
laaues
Total
Inreeteent
outaocomte
etandli^ and
Federal
Beserre
Banka 2/ 2/
Publlo
ncoarket- Marketable
able
laanea laauea
6/
Public
U
debt
bearing
21
17
27
27
11
1*3
U9,:29
62,711
67,119
77,219
71,137
72,511
51
191,533
197,598
192,655
121,771
327,875
226,301
72,762
69,723
66,351
80
13
3
73
25
51
80
11
18
21,785
201,291
331,230
67,061
52
8
13,585
13,688
13,736
23,166
23,182
23,636
202,050
202,018
197,957
135,365
335,321
131,261
66,681
66,697
66,697
51
56
57
13
15
11
38
11
23,315
23,171
23,758
23,138
23,851
23,680
198,189
197,9£8
192,655
131,573
131,399
126,301
192,766
191,726
193,839
126,550
328,571
327,800
66,616
66,581
66,351
66,216
66,155
66,039
56
61
73
73
79
81
16
17
25
26
27
27
39
11
18
•7
8,325
8,308
13,389
11,339
15,11*
15,353
16,051
15,831
52
57
2,712
2,753
2,869
2,675
2,607
2,601
8,101
15,182
23,767
195,0TD
129,211
65,826
89
29
59
2,561
Source: Dallj Treasury Gtatament for total amoixots otrtetaodliig; re porta
fron agencies and troat ftmde for securities held bj U. S. Gorerxiiient
InTeslmant acoomts; and reports frcn Federal Eoeerre Systean for
securities beld hj Federal Beserre BanlcB.
1/ Includes certain obligations not subject to statutory limitation.
Far amoxnta subject to limitation, see page 1,
2/ Includes accouite under the control of certain U. S. GoremBent
agencies vfaoee Isreslaoeiita are handled outside the Treasury; excludes
Federal land banks after Jine 26, 19'i^7f irtisn the proprietaiy interest
of the Qtiited States In these ban}£s ended.
^
i
13
l£
1
2,012
2,150
2,372
2,211
2,126
2,351
2,631
2,869
U
2,970
2,881
2,8l6
2,865
13
The total emomt of intereet-bearlng Becurities held by prlrate inTOfltors is calculated by deducting traa the total amouDt outatcmdlng
the eoaoiiit held by U. S. Goremnent Inrestznent accounts mvi Federal
Beserre BanlcQ.
Ettludes guaranteed eecurltlea held by the Treastay.
All public maitetable Issues.
Ccnsiats of Comaodlty Credit Corporation timrinpA obUgatione stated as
of the close of the previous month.
Leas than $^00,000.
Table 2.- Net Market Purchases or Sales of Federal Securities for
Investment Accounts Handled by the Treasury i/
(In
Tear
^^^ 1
Jan.
n rvna
of dollare; negatlTe figures are net aaleel
Mar.
I9I0.
I9I1.
I9I2.
-9.5
-e.8
-.5
-20.9
12.0
30.0
-5.7
1913.
I9II.
I9I5.
-11.5
-9.9
-67.5
-90.3
-105.1
-18.1
I9I6.
1917.
I9I8.
-8.1
-.7
.1
-.2
I9I9.
1950.
1951.
Apr.
ifcy
June
July
Aiae
Sept.
-1.6
-.7
-.2
.9
.1
•
-.2
5.8
.3
*
.3
-2.3
-8.1
-1.5
1.0
-72.9
-11.5
-5.9
-16.5
-55.6
-35.2
-10.0
-31.
-IA5.8
20.5
-56.1
-67.8
-18.5
-17.0
-15.8
-19.0
-.2
-2.7
-e8.i
-12.5
.3
-1.7
106.8
3.3
-61.3
-12.1
.1
-338.6
-30.1
-69.8
-359.2
1.1
-157.8
-609.1
5.U
-11.2
-308.1
1.1
-71.1
-123.1
7.2
-123.0
-ll.l
176.9
8.8
-6.6
36.8
-1.8
13.5
261.2
5.1
6.3
182.7
1.5
1.1
8.1
-51.7
-1.9
-.1
8.2
U.l
-88.1
5.1
3.5
.2
3.8
-e.o
1.7
1.6
5.0
2.8
1932.
1953.
1951.
22.1
21.6
7.0
6.7
8.8
-1.0
.5
19.9
36.2
-e.9
2.9
35.9
2.8
1.5
20.1
-15.5
1.1
7.9
-21.7
1.9
12.9
-es.U
-17.2
3.5
38.1
-10.0
1955.
1956.
23.0
77.2
-9.8
18.9
10.7
29.9
16.7
56.2
5.7
22.5
398.8
71.8
19 .2
20.3
U.8
9.1»
8.1
-1.3
.1
Confileta of purchases or sales cusde by the Treasury of securities
Issued or guaranteed by the U. S. GoremaaDt for (1) trust funde vhlch
by lav are under the control of the Secretary of the Treasury or of the
Ti^aaurer of Uie ttolted States, and (2) accoizita under the ccntrol of
certain U. S. Govenxaant agancles whose InrestsDants are handled through
the facilities of the Treaauiy Department. It vlll be noted that these
.1
-.3
.1
-1.1
-.3
-1.1
60.0
-5.0
-5.9
1.8
-12.0
-20.3
696.1
.1
-57.6
221.0
-.8
-1.7
5.8
8.1
11.5
10.7
-3.6
7.0
29.0
36.5
17.0
21.1
11.7
-1.1
11.2
ll.o
-30.7
56.2
7.9
231.8
-.2
-.1
8.2
.6
trmeactloDa differ fraa those reflected In Table 1 because they
exclude those Govemant InTestaoent accounts for ^ilch inrealaenta
are not handle by the l^asury. Table 2 alao Includes pinr^haaea
mder Section 19 of the Second Liberty Bond Act, as imendsd
(31 n.S.C. 751 a), and eicludea the Exchange Steblllcatlon Fmd.
Leas than $50,000.
.
.
.
...,...
.
,
1
73
U5
3
.
5
3
1
7
9
7k9
.
3
99
7
9
5
k
kk
Treasury Bulletin
3'^
.OWNERSHIP OF FEDERAL SECURITIES.
Table 3.- Betimated Ownership of Federal Securities
(Far TaluBS 1/
Total
Foderal
securltlea
outstand-
Bod of
oath
Total
2.5
6.5
22.7
1.9
8.2
6.3
3.1
.k
2.5
2.2
7.1
7.6
22.8
23.9
10.1
10.6
2.6
2.8
7.5
7.8
6.5
6.9
3.1
3.2
.k
55.3
21.8
23.7
8.5
9.5
25.0
31.0
11.2
13.6
3.6
5.k
7.6
8.2
7.1
8.2
.6
21.1.
2.2
2.3
3.k
61..
3.7
.7
n.o
28.7
26.0
kl.l
2.6
6.2
10.6
12.2
37.7
53.0
17.8
9.1
8.7
23.7
13 .k
10.3
9.2
11.3
3.9
k.5
k.9
10.1
1.0
13.1
15.1
5.3
12.9
6.1
12.9
I6.k
1.5
2.1
.
19>i3-June
.
19'>6-Februar7 2/
Jme
Deceaber...
19'17-Jine
.
19liS-June
Deceaber ...
,
Deceaber.
, .
1950-June
Deceaber.
. .
,
.
.
.
.
.
19.7
.5
.9
"•7.3
IUO.8
170.1
59.1'
52.2
59.9
7.2
11.5
Ik.
71.5
16.9
67.0
81.7
30.9
37.6
19.2
2k .7
2oe.6
232.1
83.3
96.5
68.U
77.7
lU.9
18.8
19.1
21.7
100.2
llU.O
k6.1
53.3
31.2
36.2
Ik.
17.3
19.6
7.3
8.3
20.2
17.1
21.
3.2
k.3
259.1
278.7
106.0
115.0
8U.2
90.8
21.8
21.
27.0
128.2
136.6
59.1
2'..
6k.
kO.7
k2.9
18.5
21.2
22.7
2k .0
9.6
10.7
23.3
22.2
6.5
279.8
269.9
259.5
116.7
108.2
97.9
93.8
81.
.1.
22.9
23.8
28.0
29.1
30.9
k3.3
k3.5
kk.2
20.8
19.9
20.1
19.9
17.8
23.3
6k.
63.3
6k .2
U.l
U.5
.5
135.1
132.6
130.7
2k .k
2k .9
71.
2k.
11.8
15.3
6.7
6.5
6.3
258.1»
91.9
91.3
70.0
68.7
21.9
22.6
3I1.U
133.7
131.3
66.6
65.7
k5.5
k6.2
21.1
257.0
2k .6
23-9
12.1
12.0
13.7
Ik.l
7.1
7.3
252
252.9
85.9
85.8
.6
21.1.
130.7
129.7
65.8
65.5
k7.1
k7.8
18.6
17.6
12.0
11.5
13.6
23.3
35.8
37.3
22.8
62.5
Ik .8
7.8
7.9
252.8
257.2
82 .U
63.0
66.8
19.3
18.9
38.3
85.7
132.2
132.1
66.6
66.3
k8.8
k9.3
17.8
17.0
20.5
20.1
15.8
16.8
8.0
8.1
257.''
83.9
82.6
65.6
61.8
135.6
20.8
37.8
39.2
13I1.9
67.k
66.3
k9.9
k9.6
17.6
16.7
19.8
18.7
U.6
U.k
U.6
l8.k
19.7
8.7
8.8
81.1.
58.1.
61.6
1.2.3
132.9
131.8
65
6k .6
k9.1
k9.1
16.3
15.5
17.1
16.5
10.2
85. It
23.0
23.8
1.1.0
9.8
20.1
20.7
9.k
9.6
130.8
6k .8
65.1
k9.0
k9.2
15.7
16.0
15.7
16.1
9.6
9.5
18.8
19.9
10.
16.8
9.5
9.2
18.7
21.6
12.0
12.7
256.7
255.3
259.5
61.
18.3
.9
32.8
39.1.
.k
U.7
19.
21.2
10.9
5.3
81..
61.1
22.9
.
259.2
267 .k
ltl..3
88.1
63.1.
21..
1.5.9
133.''
83.6
89.6
58.8
63.7
21..
U7.6
25.9
1.8.3
135.0
137.3
66.0
.
266.1
275.2
6k .8
k9.3
k9.k
15 .k
16.0
15.8
88.7
63.6
69.2
25.0
l'9.3
.
271.3
278.8
21.
.9
U9.6
133.3
135.1
6k .5
63.0
k9.5
50.0
15.0
13.1
15.0
92.6
90.6
87.8
68.7
66.9
23.9
23.6
23.6
U9.1.
136.5
.
278.5
278.2
1.9.2
i38.lt
63.6
6k .2
13.6
Ik.l
15.2
15.2
li9.l>
136.9
6k .8
50.0
50.1
50.2
Ik .7
15.0
1.8.9
138.3
139.6
136.7
6k .9
65.1
6k .8
50.2
50.2
50.2
Ik.
Ik.
Ik .6
Ik .9
Ik .8
139.1
65.2
Ik .9
65.5
65.7
50.2
50.3
50.2
15.0
IkO.li
15.2
15.5
15.0
15.0
8.8
8.8
8.7
20.3
21.2
Ik.
Ik .9
21.0
Ik.
50.2
50.2
50.2
15 .k
Ik.
Ik.
Ik .8
Ik.
8.6
8.5
8.5
22.7
15.0
23.7
2k .0
15.0
15.0
15.1
ISS^i-June
1955-January
February..
March
17.3
112.
.!»
I9li9-June
2711.1
91..1
61.
.2
April
Maj
June
276.7
277.5
27k .1.
89.1.
65.8
88.5
87.1
61.
July
August
Septeaber.
277.6
87.9
278.I1
86.1.
277.5
..
October
IIOTeaber .
. .
Deceaber .
. .
279.9
280.2
280.8
.
280.1
280.2
63.5
23.6
23.7
23.6
85.9
63.8
62.7
62.1
23.8
23.8
86.8
85.9
86.8
62.7
61.6
62.0
81.
.0
60.5
59.5
.8
21..
2I..0
1.9.5
50.5
50.6
51.6
51.2
lUo.l.
15.3
15.0
U.l
9.1
8.8
l£.9
19.8
13.9
8.8
8.8
8.8
20.5
21.7
19.5
Ik.
Ik .6
Ik .6
8.8
8.8
8.7
20.6
21.7
Ik .6
Ik .7
Ik.
19.3
Ik.k
.8
51.0
51.6
51.7
lk2.3
65.6
65.2
6k .9
58.3
23.5
23.5
23.6
51.7
51.8
51.9
Ik*.
lk5.3
lk2.6
65.8
66.k
67.0
50.3
50.k
50.k
15.5
16.0
16.6
Ik .2
13.9
13.6
8.5
8.5
8.5
2k .3
2k.
21.1
15.5
15.7
15.9
21.
.3
21.
11.2.1
11.2.7
276.
83.0
81.9
April
May
June
275.8
276.8
272.8
81.8
81.3 r
80.8 r
58.5 r
57.8 r
57.1 r
23.3
23.5
23.8
51.6
52.5
53.5
lk2.5
lk3 .0 r
138.5 r
66.9
66.9 r
66.7 r
50.k
50.k
50.3
16.5
16.5 r
16. k r
13.6
13.5
13.3
8.5
8.k
8.k
21.1
21.5
18.0
15.9
16.0
15.9
July
August
Septeaber P.
272.7
275.6
79.9 r
81.5
23.1.
53.8
.1.
81.3
23.9
23.7
5k
27'>.3
56.5 r
57.6
57.6
51.
.2
139.0 r
139.7
138.9
66.7 r
66.8
66.7
50.3
50.3
50.2
16.5 r
16.5
16.5
13.3
13.1
13.1
8.k
8.3
8.3
l8.k
19.3
18.5
16.0
16.0
16.0
.
Source:
Office of the Secretary, Analysis Staff, Debt DlTlsloo.
O<ed Statee saTlngs bonds, Series A-F and .J, are Included at current redeaptlon Talue.
2/ Securltlee Issued or guaranteed by the U. S. Goremaent, excluding
guariuiteed eecurltles held by the Treasury.
For amounts subject to
ststutory debt llaltation, see page 1,
X/ Consists of cooMrclal banks, trust coapanles, and stock ssTlnga
banks In the Ublted Statee and In Territories and Island possessions. Figures exclude securities hsld In trust departaente.
k/ Holdings by Federel lend banks are Included under "Miscellaneous
InTestors" Instead of "U. S, GoTemaent inreetaent eccounte" after
June 26, 19k7, when the proprietary Interest of the United States
In these benke ended
Includes partnerships and personal trust accounts. Nonprofit
^
snts 2/
16.1
Deceaber...
^
State and
local
eorern-
15.9
19Mt^ane
1956-Januar7
February.
March
Corporations 6/
.
Deceaber...
.
SaTlngs
bonds
Mutual
saTlngs
banks
l8.li
19l>2-Jtsie
Deceaber
Insurance
ccnpanles
18.6
19.5
Deceaber...
1953-June
Deceaber .
iiiiiiit
InTestBsnt
accounts h/
Ii7.6
19kl-J\sie
1952 -June
Deceaber.
IndlTlduals 2/
U8.5
50.9
Ztoceaber .
1951-June
Deceaber.
r
.
1939-OBceBber .
igkO-Jvmo
Deceaber.
Held bj prlTate fMwbank Inreetore
Federal
Reserve
Banks
elal
banks
i/
Deceaber .
billions of dollars)
O. S.
ing 2/
19^3-June
Oeceaber .
lj>
Hold tf banks
Institutions and corporate pension trust funds sre Included under "Nlacellaneous InTestors."
KcluBlTs of banks snd Insurance ccapanles.
Consists of trust, sinking, and InTeataent funds of State and local goTemaents and their agenclee, and Territories and Island possessions.
Includes ssrlngs and loan asaoclatlons, nonprofit Institutions, corporate
pension trust funds, dealere and brokers, and InTeetaente of foreign balances
and International accounts In thla country. Beginning Deceaber 19*6, Includes
Inveet^nts by the International Bank for fieconstruction snd Devslopaent and
ths International Monetary Fund In special ooQlntarest-bearli^ notes issusd
by the U. S.
GoTemasnt.
ISBSdlste postwar debt peak.
FrellBlnary
ReTised.
)
)
35
December 1956
.
TREASURY SURVEY OF OWMERSHIP, SEFTBfflKR 30, I956
,
Distribution of ownership by types of banks and Insur-
The Treasury Survey of Ownership covers securities
issued by the United States Oovernment and by Federal
agencies. The banks and Insurance companies Included In
cial 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 30
and December 3I. Holdings by corporate pension trust funds
Data were tlrst published for
United States.
March 3I, X^^l, In the May \^^\ "Treasury Bulletin.'
Bulletin for quarters beginning December 3I, igUg.
ance companies Is published each month. Holdings by commer-
are published quarterly and first appeared In tba March 195*^
the
Section I.- Securities Issued or Guaranteed by the United States Government
Table I.- Summary of All Securities
(Par valuaa - In Bllllona of dollara)
Mamorandm:
Beld b; inreators corered In Treaaur; Surrey
Claaelflcatlos
Total
anouQt
outa tending 1/
Xnaurance c rmpanl ea
6,675
coanerclal
banka 2/ i/
525
mutual
aaTlnga
banka 2/
315
Ufe
576 fire,
casualty,
and marine
Gorerment
U. S.
Inreataent
accounta and
Federal Be serve
Banka
Held by
all other
lovestora
Bald by
7,599
corporate
pension
trust funds
5/
iBteraat-bearlag aacurltlaBt
Public marketable
Public oonnarketable 6/..
Special laauee
156 ,".76
li9,eEl
li,202
1,669
6,523
1,731
".,657
69,1(36
us.esit
3,011
722
Total Intereat-bearlng aecuritlea
271,7U5
51,'t90
8,25k
7,668
U,gei.
Matured debt ani debt bearing no Interaat jj.,..
Total aecuritlea laaued or guaranteed by the
U. S, Cu i eiment 8/
Footnotes at end of Section
28,619
3,395
l,28lt
62,653
58,905
1,011
121,558
2,295
'»5,^''
77,8W
2,601
if^,V^
n.
Table 2.- Summary of Interest-Bearing Public Marketable Securities
(Par Taloas - In mlllloBS of dollars
Held by inrestors corered in Tresanry Snrrey
Clsaalflcatlcn
Total
amount
outstanding
Insurance o<Bpaniea
6,675
comeroial
banks £/ i/
525
mutual
aarlnga
banka 2/
315
Ufe
576 fire,
caaualty,
and marine
U. S.
Hemorandimi;
Gorenaent
inrestaent
acooisits and
Federal Beaerre
Banks
Held by
all other
Inreators
Beld by
7,599
corparate
pension
trust funds
5/
Type of aecurlty:
Issued by U. S. Ooremient:
•.•......
Treasury bills
Certlficatea of Indebtedness
Treasury notes
.••••.•••••••...•
Treasury bonds
Fanaaa Canal bonds
Guaranteed by U. S. Gorerment 6/
Total
20,807
19,523
35,169
8o,81i3
50
8I>
2,Ufi6
2,01.6
151
1.31
97
918
1.8
U.
702
16,725
6,125
31.1.
15
Ul
11,21.1.
11,105
3U,l66
7
10,023
12,951.
72
l.,15l.
3,359
26,797
1,039
1
6,U06
•
27
10
,202
28,619
62,653
1,281.
U
5,961
19^
6,523
17
•.,657
I.
151.
19
1.2
156,1.76
1.9,821
70,079
35,k6k
38,118
8,379
13,597
387
501.
33,1.93
1,009
15,235
1,577
l.,231
2,531
3,701
1.82
291
3,256
281
616
1,577
1,619
257
21,1.82
19,21.5
576
10,811
10,077
5,206
237
196
387
76
1>,351
155
395
308
132
302
3,057
388
27
10
.,202
28,619
62,653
1
96
3
196
Call olBsaes!
Due or first beccaing callable:
Wlttaln 1 year
1 to 5 years
5 to 10 yeara
10 to 15 years
15 to 20 yeara
20ye«r« and over
Various (Federal Eouaiag Administration
debenturea
Total
12_
156,1.76
1.9,821
50
2,1.0li
7
2,108
6,523
17
l.,657
1,281.
Tax etatua :
2/
Wholly exempt frca Federal Inccae taxes
Partially exempt frcn Federal incone taxea..
Subject to Federal inccae taxea 10/
151.
,022
Total
156,1.76
Footnotee at end of Sectlco II.
1.2
1.7,705
1
6,523
l.,657
l.,105
28,617
62,1.15
1,28k
1.9,821
6,323
•.,657
1..202
28,619
62,653
1,281.
36
TRITAFJ
))
^December 19%
37
.
TREASURY SURVTr OF OWHERSHIP, SEPTSCBER 30, I956
.
Section I - Securities Issued or Guaranteed by the United States Governipent
Table 3.- Interest-Bearing Public Marketable Securities by Issues - (Continued)
(Far Taluee
-
in Bd.lllona of
field
Issue
(Tax status £/ le shown In parentheses)
Total
amount
outstanding
Panana Canal bcpda.
Suaranteed aecurltlea:
doUnre)
ty Inrestcre corered In Trsaaury Survej
Insurance ccnpanlee
6,675
ccBnerclal
hanka 2/ l/
525
Butual
SBTlOgS
banks 2/
315
life
576 fire,
casualty,
nni\ marine
Meaorandiin:
n. S. Goreronent
inrestment
accounts and
7ederal Beeeirre
Banks
Held bj
all other
InTeetors
50
(wholly)
BeU
tj
7,599
corporate
pension
trust funds
5/
1.2
8/
Federal Bouelng AdolnlatxatlTe debentures
( taxable 12/
Total public Barketable aecurltlea
8U
156,1.76
.J2_
1.9,821
6,523
JL
"•,657
27
l.,202
28,619
62,653
1,28U
Footnotes at end of Section II.
Table 4.- Interest-Bearing Public Noninarketable Securities by Issues
(Par values - In mllllcns of dollars)
Bald by Inrestors co7ered In Treasury Surrey
(Tax statue 2/ls shown In parentheses)
Total
amount
outatand*
Ing
Insurance coaqtanles
6,675
c dnmerc ial
banks 2/ i/
525
mutual
eaTlnga
banks 2/
315
life
576 fire,
casualty,
and marine
U. S.
Goremnent
inrestment
accounts and
Federal Reserre
Banks
Held by
all other
Inrestcure
y
Memorandua;
field by
7,599
corporate
pension
trust funds
2/
Chlted States eaTlnga bonds:
Series
Series
Series
Series
Series
Series
Total
E 6/
7 o/
G
•••
H
J 6/
E
Iftilted
(taxable)
(taxable)
(taxable)
(taxable)
( taxable
(taxable)
States sarlngs bonds
37,970
2,168
10,8l6
3,197
822
2,300
2
8
170
3
13
37,968
1,721
9,186
3,197
805
10
uo
2,19'.
36
90
72
21.1
1.1.0
55,069
61.0
151.
121
1,138
265
2,505
21.7
100
3,275
31.7
8
679
1.15
1
1
3
57,273
1,030
(taxable)
300
300
(taxable)
(taxable)
912
10,951
185
It
21
207
70
317
12
336
Other U. S. securities :
Depositary bonds
Treasury bonds:
Inrestiasnt Series A
Inreataent Series B
a/
35
201.
1.5
3,632
327
rotal other U. S. securities
12,163
63911/
1,259
2,770
282
3,375
3,836
372
Total public nonmarl»table securities
69,1.36
1,669 Ji/
1,731
3,011
722
3,395
58,905
1,012
Footnotes at end of Section II.
:
3«
TREASUPY SURVEY OF OWHERSIP, SEPTEMHER 30, I956
,
Section II
,
Interest-Bearing Securltlee Issued by Federal Agencies but
Not Guaranteed by the United States Govemnient
-
(Far TaliiBS
-
in
lUlona
of dollars)
Hsld bj inreetors corsred In Traaaurr Sw^ej
Total
l8au»
(Tu
Baofcs for
19^7 (Debantures)
(taxabls)
(taxabla)
1957 (Debanturea)
1957 (Dabanturas) Ji/ (taxabla)
Ain-ll
Jims
Total banks
federal
outstand-
utual
ing
serines
banks g/
Jijt/
coopsratlTss
3-3A* March
3-1/2
S
525
aaomt
status 2/ i> abovn In parantheses)
fco*
cooparatlTaa sacurltlas
haw
3.15*
3-1/2
3-1/2
loan banks:
October
1956
October
1956
Horembar 1956
3.05
3-5/8
3-3/8
3.80
3.20
53
17
50
UO
15
26
1H3
58
16/
(Rotaa)
(Botes)
(Hotaa)
(taxabls)
(taxable)
(taxabla)
59
105
126
26
Januarj
Fabruary
March
1957 (Rotes)
1957 (iotes)
1957 (Rotes)
(taxable)
(taxabla)
(taxable)
161.
27
56
13''
13
23
March
Maj
1957 (Rotes)
1957 (Rotaa)
(taxabla)
(taxable)
197
77
27
20
918
169
(taxabla)
861
213
11.7
Total Federal boss loan bank saenrltlas
15
19
Federal Interaedlata credit banks:
Debentures
Federal land banks:
1-3A* October
,.•
12/
3.30
February
Maj
1955-57 (Booda)
1957 (Bonds)
1957 (Bends)
(taxabla)
(taxable)
(taxable)
215
130
170
3-3A
2-3A
2-lA
Julj
Maj
Rorembar
1957 (Bonds)
1958 (Booda)
1958 (Bonds)
(taxable)
(taxabla)
(taxable)
135
131
iSk
2-lA
2-lA
Maj
Februarj
June
1959 (Booda)
i960 (Bonda)
i960 (Bends)
(taxabla)
(taxable)
(taxable)
12I1
2-1/2
3-1/2
3-7/8
Maj
1971 (Bcoda)
Septeaber 1972 (Booda)
(taxable)
(taxable)
3
Total Federal land bank securities
71
106
60
110
l,k37
Federal Rational Mortgage Aaeoclatlon:
(taxable)
(taxable)
(taxable)
100
100
570
Total Federal Ratlcoal Mortgage Aasoclatlon
securities
••••••
770
3-l/8t Rorember
Maj
3.35
2-1/2 Januarj
1956 (Debentures)
1957 (Debentures)
1958 (Rotes)
Ik
Insurance ccapanlea
315
life
Ill
December 1956
39
MAFKET QUOTATIOHS 05 TREASURY SBCURITrES, OCTOBER 31, I956
Current market quotations ehown here are over-the-
public marketable securities Issued by the United States
iounter closing bid quotations In the New York market
Government except Panama Canal bonds. Outstanding
Issues which are guaranteed by the United States
For the last trading day of the month,
as reported to
Treasury by the Federal Reserve Bank of New York.
The securities listed Include all regularly quoted
Government are excluded because they are not regularly
;he
quoted In the market.
Table 1.- Treasury Bills (Taxable)
Amount
outBtajidlng
Bank dlecount
Maturity
date
Issue
date
Change f^om
last month
(mllllone)
$1,601
1,600
1,600
1,600
1,601
11/1/56
11/8/56
11/15/56
11/23/56
11/29/56
1,601
1,600
12/6/56
12/13/56
8/2/56
8/9/56
8/16/56
8/23/56
8/30/56
1/
2.60*
2.52
2.55
2.55
9/6/56
9/13/56
2.5I4
.30
2.52
32
.15*
.2U
•23
•27
Amount
outstanding
(millions)
$1,600
1,601
1,601
1,600
1,603
1,601
1,600
i/
trootnotea at end of Teble 5.
Bank discount
Maturity
date
12/20/56
12/27/56
1/3/57
1/10/57
1/16/57
1/17/57
1/2U/57
1/31/57
Issue
date
Change frca
last month
10/11/56
10/17/56 2/
2.55*
2.55
2.82
2.83
2.89
10/18/56
10/25/56
11/1/56
2.83
2.83
2.86
9/20/56
9/27/56
loA/56
-.3311
-.36
40
)ecember 1956
ki
MARKET ODDTAIIOHS OH TREASUFT SBCUBITIES, OCTOBER 31, 1956,
CD
ro
o
..
.
k2
Treasury Bulletin
.AVEE/CE YIELDS OF LOHG-TEm BONDS.
Table 1.- Average Yields of Treasury Bonds
{ind
Moody's Aaa Corporate Bonds by Periods
(Percent per annim)
Period
Taxable
Htxxlj*B Asa
Treaflui7
corporate
bonds
boode 1/
Taxable
Treasui?
bonde 1/
Period
Annual series 19'^ tbrougb
igka.
2.1(6
19't3.
2.U7
2.83
2.73
2.72
2.62
19W«.
2.37
igits.
2.39
Feb..
Mar..
Apr..
May..
2.U7
2.56
2.63
2.65
2.19
2.25
2.W»
2.31
19"*9.
July.
Aqg..
Sept.
2.63
2.9l»
2.57
2.56
2.88
FrcD 10 to
20 years
Not..
Dec..
1952 -Jan..
Feb..
Mar..
Apr..
May..
June.
2.8lt
Taxable Treasury
bonds, due or
oallabXe -
Period
20 years
tJirovieh
1951-Cict.
2.9lt
Moody's
Aaa
corporate
bends
2.53
2.61
2.82
2.66
March 1953
-
2.89
2.96
3.01
2.7U
2.71
2.70
2.6k 2/
2.57
2.61
2.98
Trtm 10 to
20 years
and after
Hoodj-'s
Aa
corporate
bonds
2.32
2.57
2.68
2.6e
2.86
2.96
1952 -July.
Aug..
Sept.
Oct..
Hot..
Deo..
2.61
2.70
2.71
2.95
1953 -Jan..
Feb..
Mar..
80
63
89
1950.
1951.
1952.
arerages of dally series
2.61
2.66
2.70
2.93
2.96
2.93
2.93
2.9U
Taxable Treaatziy
bonds, d\ie or
callable -
Bsrlod
Taxable
Treasux?
bonds i/
calendar year aTerages of monthly series
19't7.
2.66
2.66
2.78
2.87
2.88
2.l|0
-
19't6.
Monthly series Jamiai? 1951
1951-J«i>..
19^
Moody's Aaa
corporate
beads
20 yeaxa
and after
Moody's
Aaa
corporate
bonds
Period
2.9l»
2.95
3.01
2.98
2.97
TU
71
75
3.02
3.07
3.12
Taxable Treasury
bonds, due or
callable -
FTcn 10 to
20 years
20 years
Moody's
Aaa
corporate
bonds
and after
Annual series beglnolng 1953 - calendar year averages of mnnthly aeries
1953
2.92 1/
1953-Apr.
May.
Jxne
July
Aug.
Sept
Oct.
Hot.
Dec.
2,96
3.09
3.11
2.99
2.99
2.95
2.81
2.83
2.77
3.26
3.29
3.25
3.22
3.19
3.06
3. Ok
2.96
195'' -Jan.
2.67
2.58
2.50
2.U5
2.52
2.53
2.90
2.85
2.73
2.70
2.72
2.70
3.16
y
3.20
ISSk.
2.52
2.71
2.90
2.80
2.9!)
3.06
2,8b
2.85
2.68
2.96
2.96
2.97
3.10
3.10
3.15
1956 -Jen.
Feb..
2.86
2,aa
3.11
3.08
3.10
3.2k
3.28
3.26
3.28
3.k3
3.56
3.59
1955.
Monthly series beginning April 1953 - aTorsges of dally series
Feb.
Mar.
Apr.
May.
Jme
3.2't
3.23
3.3k
3.k0
3.28
3.2k
3.29
3.16
3.U
3.13
3.06
2.95
2.86
2.85
2.88
2.90
195k -July.
Aug..
Sept.
Oct..
Hot..
Dec..
2.89
2,87
2.89
2.87
2.89
2.90
1955-Oot..
Hot..
Dec..
2.57
2,62
2.60
2.6k
2.65
2.68
2.68
Iter..
2.90
2.66
2.72
2.72
2.77
2.76
2.77
2.88
2.91
2.38
2.9k
2.93
2.98
2.77 2/
2,92
2.92
2.92
2.91
2.91
2.96
3.02
3.00
2.93
2.99
3.02
3.01
3.0k
3.05
3.06
3.11
3.13
Afr,
May..
June.
July.
At«..
Sept.
Oct..
3,05
2.9k
2.89
2.97
3.15
3.19
3.18
3.25
3.2k
55
1955 -Jan..
Feb..
Mar..
Apr..
Hsy..
June.
July.
Aug.,
Sept.
Weekly series
1956 -May
2.k5
2.k6
2.50
2.52
-
STeragea of dally series for weeks endli^-
k
Source:
1/
Beginning April 1953, Treasury bond yields are reported to the
Treasury by the Federal Boserre Bank of Hew York, based on closing
bid quotations in the oTer-the-counter market. Yields for prior
periods were computed on the basis of mean of closing bid and nak
quototlonn.
Moody's Inrestor SerTlce is the source for the STcrage
of Aaa corporate hoods.
For definition of taxable bonde, see footnotes
to the "Treasury SurTey of Ownership" in this issue of the "Treasury
Bulletin."
Prior to April 1953, the single series on loi^-tarm taxable Treaaury
bonds Included the followii^: April 1952 through March 1953, bonds
nelthfsr due nor callable for 12 years; October 19kl through March 1952,
2/
^
U/
^
6/
.
December 1956
"^3
,
AVER/GE YIELDS OF LONG-TEIW BONDS
w
Treasury Bulletin
.IRTKRIIAL REVENUE
COUECTIOHS.
Table 1.- Sunmary by Principal Sources
(In thoQsanla of doUare)
riaoal 7»ar
or Bonth
19l>7
rocelpts
froB
internal
MJnstxent of
coUectlcns
to budget
reoolpte i/
Tot«l
oollectlons
reported bj
Internal
Berenue
Serrlce
iDdlTldual iDBOBs tax and enplojaent taxes
Corporatloo
Inocne and
IndlTldual
iQccne tax
not withheld 2/
ptpofltB
taxes
IndlTldual
Inccne tax
Old-age
insurance
taxes i/
withheld i/
Eallroadretire-
ant
ent
Insurance
379,555
560,113
562,734
548,038
579,778
185,876
208,508
226,228
223,135
236,952
39,379,'>09
1H,853,'>85
ltO,307,285
«71,oe3
-U,057
39,108,386
9,6t6,i»59
i.l,86J.,5li2
lo.m.'iio
-155,81iO
'^,'•63,125
1950
1951
39,W8,607
+'•91, "175
51,106,095
4660, It09
38,957,132
50,W.5,686
11,553,669
10,854,351
14,387,569
21,367,662
23,379,123
20,527,935
19,797,883
26,624,788
9,501,015
9,464,204
7,996,320
7,264,332
9,907,539
1952
1953
195*
1955
1956
65,63't,89''
21,466,910
21,594,515
21,546,322
18,264,720
21,298,522
33,738,370
37,254,619
37,921,314
37,869,770
42,633,426
11,345,060
12,307,01.4
424,087
459,930
8,109,440
3,303,oe6
5,499,210
3,234,615
2,152,316
798,117
816,843
1,101,560
4,374,889
2,358,022
17,300
85,058
53,870
31,850
241,146
5,880
5,355,168
6,793, "135
-3,566 5/ 12,226,099
509,402
492,032
7,194,927
3,951,569
5,287,542
4,063,931
2,885,373
989,755
1,486,663
1,046,88b
4,203,932
2,522,223
15,268
91,356
53,751
4,045
2,499
1,294
1,764,231
4,420,585
4,137,860
456,775
137,249
1,752,086
1,282,360
4,201,190
2,331,759
23,376
81,404
53,453
1,719
742
621
WW
19'»9
•>625,308
70,170,97't
tJi8it,it39
70,299,652
66,288,692
75,109,083
+36lt,6T2
65,009,586
69,686,535
69,93 '',980
66,288,692
-3,566 5/ 75,112,61>9
y
U, 403 ,942
10,736,578
10,396,480
U,830,26o
9,842,282
11,533,577
10,055,502
9,888,976
13,089,770
1,458,934
1,612,721
1,687,151
1,873,401
2,810,749
620,622
17,929,047
3,584,025
21,132,275
628,969
3,816,252
22,077,113
4,218,520
605,221
21,253,625 4/ 5,339,573 4/ 600,106 4/
29,844,187
634,323
259,616
273,182
283,882
279,986
324,656
I
1956 -January..
Februaz7.
Itarch
April
HSJ
June
l.,580,lW
6,903,381
12,307,0k*
5,355,168
6,793, '•35
12 ,222, 53''
I»,580,146
6,903,381
July
3,571,1>80
3,571,WO
^6,891
Atigttst...
5,801,937
6,715,173
5,801,937
6,715,173
351,564
1,708,521
Septeaher
Biolae taxes
Placal year
or acnth
Capital
atock
tax 6/
Estate and
gift taxea
Other excise
Total
excise
Tobacco
Docments,
etc. 1/
1947
1948
1,597
1,723
1949
1950
6,138
266
1951
TT9,291
899,345
796,538
706,227
729,730
1932
1933
1954
1955
1956
833,147
891,284
935,122
936,267
1,171,237
1956-JanuaiT..
ysbruaiy.
7,2©, 3T6
7,409,941
7,578,846
7,598,405
8,703,599
8,971,158
9,946,116
9,532,222
9,210,582 4/
10,004,195
2,474,762
2,255,327
2,210,607
2,219,202
2,546,808
1,237,768
1,300,280
1,321,875
1,328,464
1,380,396
3,570,846
3,854,334
4,046,364
2,549,120
2,780,925
2,797,718
2,742,840
2,920,574
HlscellBneoas 1/
'',050,738
"•,776,395
79,978
79,466
72,828
84,648
93,107
2,840,690
1,351,381
1,655,711
1,732,792
1,720,908
1,842,598
1,565,162
1,654,911
1.580,512
1,571,213
1,613,497
4,836,876
5,510,280
5,153,992
4,781,843
5,501,333
84,995
90,319
90,000
112,049
114,927
2,824,409
3,358,797
3,127,465
3,177,160
3,777,909
1,947,472
2,06l,l64
1,936,527
1,492,633
1,608,497
29,734
1,004,917
387,758
29, 814
883,367
397,980
24,090
890,370
443,043
Nanh....
78,007
97,472
136,435
775,259
846,214
826,492
179,361
212,306
246,300
139,337
128,023
136,554
65,744
1,193,917
162,749
Acni....
l'>3,967
MSJ
136,590
Jws
Ul,637
750,018
876,556
854,641
239,031
255,638
263,619
125,957
149,229
142,572
44,455
1,013,317
253,388
July
August...
Septeaber
119,148
111,693
68,754
826,983
910,148
804,905
235,540
244,857
255,015
127,2&r
156,675
127,807
90,467
1,108,760
158,277
Source: Internal Rerenue Serrlce reports for detail of collections by iTpe
of tax; dally Treasury statenent for budget receipts froa internal
rerenue through the fiscal year 1952, and the monthly atatement of receipts and expeoditures of the GoTen«ent for recelpta thereafter (for
explanation of reporting baees in theae publications, see page II).
Certain detail by typo of tax la STailabla only fr<» retuma filed with
the Internal Parenoe Serrlce. The flgurea shown Include collections for
credit to special accounts for certain Island poaaeaslons, as reported
by the Internal Berenue Serrlce. Beglnnlj^ with the fiscal year 1955,
they Include the aaomts of tax collected in Puerto Blco i^on artlclea
of aerchandiae of Puerto Bican nsnufacture ccalog into the ttttlted
States, riguras for 1954 hare been reriaed to the same basis. Figures
for prsTlous years include cdy aaounta collacted at porta of entrr
into the anted Statee.
1/ Dlfferenoea between the aooults of internal rerenue reported by the
Internal Berenue Serrlce as collecticos for glren periods and the aBo\nt«
reported in Treasury stateasnta as budget receipts for the saae periods
arose because of differences In the tlae wbsn payaents were included in
the respectlre reports . Tax p^nants are included in budget receipts
whan they are reported as credits to the accoisit of the Treasurer of the
Italted States.
Prior to July 1954, they wrs Included In Internal Berenue
Serrlce collection reporte after the returns to which they applied had been
recelred In Internal rerenue officea. Uider procedure begun in 1950 with
withheld InctxM tax and old-age insurance taxes and later extended to
railroad retir««ent taxes and aany exclaea, these taxea are paid currently
into Treasnzy depoaltarles and the depositary recelpta, aa erldence of
aueh payaenta, are attached to quarterly returns to the Internal Berenue
Serrlce. DQder this procedure, the payaents are included In budget
Manof ac turers *
load retailers* 2/
j
1,939,486
2,119,157
2,220,744
2,245,lfl2
recelpta in the nonth In which the depoeltaiy recelpta are iaawd to
the taxpayera. Reriaed accounting procedurea effectlre July 1, 1954,
extended the aaae practice to Internal Berenue Serrlce collection
reporte.
2/ Monthly and fiacal year 1956 figures include old-age ineuiaooe tax on
aelf-e^loyment Inccne, which la lerled and collected aa part of the
IndlTldual Inccaie tax beginning with the taxable year 1951. Prerloua
flao&l year flgurea exclude thla tax, on the basis of estioates beginning 1952 (see footnote 3), snd it is Included \mder "Old-age
Insurauce taxes."
Withheld inccne tax and old-age Insurance taxea on eaployere and ea*
ployeea are paid into the Treasury In ccnbli^d aaounts beglnnli^
January 1951. In Internal Berenue Serrlce reporte, current collectiona hare not been aeparated as to ^i)e of tax but the brealolown
shown for fiscal years beginning I95I la based on eatlnates aade In
aocoidance with prorialona of Sao. IO9 (a)(2j of the Social Security
Act Aaendaenta of 1950, for tranafor of tax receipts to the Federal
Old -Age and Surrlrora Inaurance Trust Fund.
4/ Beginning with the fiscal year 1955, collections shown incline undistributed deposltazy receipts and unclassified adrance payaenta.
For excise taxes these recelpta are included In the total only.
Total Gollectlona Include "Taxea cot otherwise clasalfled," which
were locluded with alecellsoeoua excise taxes prior to the August
1956 Issue of the Bulletin.
(See Table 2).
Budget
recelpta hare bean reduced by this anoint representing with5/
held Inccne taxea tranaferred to the Gorenawnt of Guaa.
6/ Bepeeled for yeara ending after June 30, 1945. Beginning 1951, Incluled imder "Mlacellaneous excise taxes."
2/ Detail Is reported by quarters beginning with the fiscal year 1956.
^
December 19%
^5
.INTERNAL REVENUE COLLECTIONS.
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
DOLLARS
Billions
'j555
OIl.c. ol
IM
^^
-46
•'IS
S.cr.to.ifOlIlitTt.o.orj
'50
•52
54
56
1942
'•"'"''
incluats undislritioted depositary
44
-46
<•"'„ unclassified
48
'50
advance parmenla. Tht
»«/»
46
Treasury Bulletin
-nrrERMAL revhtje colmctions.
Table 2.- Detail of Collections by Type of Tax
(lb thonsanda of doll>r«)
T7p« of tax
i
.
December 19%
^7
.HJTERirAL EEVKHUE
COLMCTIOHS.
Table 3.- Detail of Specified Excise Tax Collections Reported Quarterly
(In thousands of dollars]
?lecal year
First quarter of fiscal year
Type of tax
1955
1956
(July-Sept. 1955)
1956
1957
(July-Sept. 1956)
DocTPenta, other InetnaMtnta , and playing cardst
Boode, leeuBs and transfers of capital stock, deeds of
CGDTsyance, etc. .•...•.•.•.•.••.••••••,•,•,.••••••••••
Playing cards
....•••••«.,.,.,
surer liulllan sales or transfers. ..••.•.••.••..,.. ..,.,.
105,289
6,700
60
108,031
23,569
2a,7U
6,81.3
1,5'.7
1,372
53
20
7
Total docments, etc., taxes.... •••.•• •...•... ...........
112,0>i9
U"»,927
25,136
2"i,090
7^,581.
21., 107
260,212
19,362
283,803
".9,1.76
'>7,15»
51,855
268,389
36,857
18,525
5,995
26,602
3,253
3,529
Manufacturers* excise taxes:
Lubricating oils
,
,
Oasoline 1/
•...•
Tires and tubes 1/
,
Aut<moblles truofcs and buses 1/ ..•••.••••..•.••....•••.•.
Other autdDobiXes and DLOtorcyclea.... ...... •,...,........
Parts and acceasorleB for airt<aioblle8.. •...•••. ••,.•.••••
Electric, gas, and oil appllazicee
Elaetrlc light bulbs and tubes... .................. ......
Badio sets, pboDographe, television seta, ccmpcnents, etc
Fhonograpb records ...•.•.•.•......,.....••.....•...•.•.,.
Musical instmnents .•........••...............*...•......
Mechanical re f3rlge rotors , air-condltioaers, quick-freere
imlts, etc
•.••••
Matches ....•...........•••.••....•.•...•••••.•...••.••••.
Business and stare nachlnes
•
•
Hiotographlc apparatus ,...•.•.•.«..••••.•.•.•..•......•••
Sporting goods
•.......»....•..•
Plreazais , nbwIlH , and cartridges •.•.•.•.•....•......•••..
Pistols and reTolTers
....•.....•.....•••...
Mechanical pencils, pens, and lighters. •.....•••.•. ......
Total manufacturers' excise taxes
69,81s
954,678
1,030,397
177,872
161.
,316
isit.aos
I,0lt7,8l3
189,'>3I.
136,709
50,859
18,673
l'.5,797
71,061.
22,851.
136,81i9
161,098
73,323
332,722
58,295
16,915
5,353
33, ".82
8,287
10,783
12,321.
2,871.
12,776
2,525
38,0*
1.9,078
15,"t58
6,160
15,371
1,638
70,11.6
16,^0
17,373
13,653
"•,233
19,265
k,9l6
U,236
1,378,372
5,808
57,281
15,157
13,U60
12,lt01
ll.,30e
9^9
8,366
1,153
9,576
2,885,016
'•,"t96
l.,1.29
3,677
279
2,11.6
356
1,752
907,953
817,191
.
Betallers* excise taxes!
28,261
3,33^
152,31.0
33,6U
57,519
83,776
13,676
3,691
35,068
13,^72
18,'»9P
20,9W
292,1'>5
321,896
69,111
B,1T9
78,512
230,251
290,198
82,89^
2'>l,5lt3
20,688
61,909
82,965
21,8ke
67,«ek
88,381
8,916
57,237
118,567
Furs
Jevelr7
Luggage
Toilet preparations ..•...•...•.•.....•...•••••.••••.•.•.
27,053
lk2,366
50,896
71,829
Total retailers* excise taxes
Miecellaneous excise taxes:
Si«ar Act of 1937
Telephone, telegraph, radio, and cable facilities. .......
Local telephone service,
Transportation of oil by pipe line
Transportation of persons , etc ••.••.•....•...•.•...•.•...
Transportatlcn of property
Leasee of safe-deposit booces. .................. •.•.•*....
AdmlBSlcns to theaters, conoerts, etc. ......•..••••...•.•
AdBlsBlcns to cabarets, roof gardens, etc. .•.•••.••.....
Club diuB end initiation fees... •....•....••... •.•....••
•-•
Bowling alleys, pool tables, etc
.,..,,..........•...•.••••••
Coin operated derlces
and
flllad
butter,
Adulterated and process or renovated
cheese
Narcotics, Including marihuana and special taxes. ••....•.
Coconut and other vegetable oils processed.,.,..,........
,..,,,,.,,...
national Flroanas Act
Wesol oil 2/
•
,
Wagering taxes
I'y'
All other. Including repealed taxes not afaown separately.
Total miscellaneous sxciae taxBs, . ,,,...•.,.,,,••••••••••
Total of specified excise taxes i/
33 ,'•58
200,1.65
21". ,903
398,039
5,553
106,086
39,271
1.50,579
".1,963
3,361.
1.7,171
,99".
1U,21.6
lit
5,512
101., 018
1«,255
2,955
23
993
18,950
15
1,002
18,535
22,692
7,807
2U,1.61i
8,3".!
55,582
108,911
1,315
26,889
10,330
13,0*1
1,932
8,855
1,1.61
26,1.51
10,39k
15,29*
2,016
u,ooe
u
6
31">
l.,">57
312
5,260
7,091
1,965
• r
7,031
1,968
9
U
U
7,025
U
8
l.''92.633
1,608,»97
"•l'i,59e
r
I*3,»k3
••,781,81.3
5,501,333
1,1.16,798 r
1,357.50k
Source: See Table 2.
of the Elghvay
Includes floor stock tax coUected >»ider the prorielons
Bevenuo Act of 1956.
_, in
,_ hl«ln«ay
v<.b«.
u»ed
2/ Appliee to dlesel fuel, Inclaling special motor fneU,
vehicles
1/
315,690
35,681
1/
•
r
See "Other eiclae taxes" in Table 2.
Leas than $500.
Bevleed.
...
.
n
.
,
u
Treasury Bullet
.MDHETAPy STATISTICS.
Table 1.- Money In Circulation
(II^BllllODs Of doUara except aa noted)
Paper Booej
Total
Bxl of fiscal
year or nonth
Total
paper
none;
clTO Illation 1/
GoU
certlfIcetes
2/
SllTer
certificates
Wis
27,1193
26,03lt
'•3
1950
1951
27,156
27,809
39,026
30,125
25,661
26,231
28,359
Ul
39
38
37
1955
1956
29,922
30,229
30,715
28,127
28,372
28,767
31.
2,135
2,170
1955-DecoBber.
31,158
29,231
1956-Jainuu7
Februar7.
30,228
30,163
30,339
Julj
Aueuat...
September
30,210
30,513
30,715
30,604
30,757
30,768
October.
30,839
1952
1953
195'>
.
)tarcta
April
May
J\Ae
aid of fiscal
/ear or moDth
2,061
2,177
2,092
2,088
2,122
318
25,609
33
2,lW
320
319
318
3l>
2,155
28,331
28,263
31*
28,li25
3'.
28,289
28,575
28,767
3'.
81
221
200
77
73
25,385
25,6l8
26,055
IBO
70
67
11.7
61.
31'»
26,506
155
66
2,058
2,071
2,125
306
311
315
25,720
25,628
151.
25,73''
151
65
65
65
65
6l>
33
25,102
25,853
26,055
11.8
2,lli8
315
318
318
H«
3'>
2,123
2,157
1''7
61.
2,111)
313
313
313
25,975
26,119
26,107
11.5
61.
28,790
28,791
33
33
33
IW.
61.
1''3
61.
28,81.1.
33
315
26,159
11.2
63
35
3't
2,116
2,130
2,130
Staodard
ollTer
dollars
Subeldiary
ellver
1,91.8
212
223
237
1955-I>eceBber.,
1,927
1956-JaDuar7 .
February .
March
1,897
1,900
1953
1955
1956
April
Jiaie
JxOj
August. . .
Septeaber
October.
,
2/
Honey in
circulation
per capita
(in dollars) 2/
181..33
361
378
179.03
180.17
393
18I1.90
188.72
181. .21)
1.33
l'53
182.91
182.73
231
1,21.6
1.1)9
186.87
230
231
232
1,221
1)1.5
181.01.
1,221.
1.1.5
180. 1)2
1,235
1.1.6
181.19
233
235
237
1,21.1
US
1,253
1,259
l)?!
1,957
1,967
1,977
239
2kl
".56
2k2
i,26e
1,267
1,27*
"•58
1)61
1,995
21.1.
1,288
1.61.
1,91.8
Circulation Statement of Utalted States Money.
ficcludoB BOiwy held by the Treasury, money hold by or for the account
i/
of the Federal Beserre Banks end agents, and coin estimated to be
held outside the continental limits of the Uilted States. Includes
paper currency held outside the continental limits of the Qilted
States
GoU certificates ware wltUrsm from clrcolatloo in 1933 •
k/
Source;
i/
152
1.19
1,922
1,939
,
Minor
coin
163
1,165
1,202
1,259
1,91't
•toy
23,1.56
2i.,605
1.13
1,795
1,858
195'»
y
309
93
86
9l«
965
1,020
1,093
1,150
1,578
1.678
1,766
y
Hatlcoal
bank
notes
21.3
170
iBo
191
2oe
1,1.96
Federal
Peserre
Bank
ootee
271.
161.
1950
1951
1952
states
notes
Federal
Reserre
Dotea
23,209
22,760
28,61.7
Wl^
anted
319
321
318
318
27,3'>8
Total
coin
Treasuzj
not«8 of
IB90
5/
r
1)53
180.20
181.78
166.73
181.78
182.38
182.15 r
182.29
Treaetiry notes of 1890 In clrculatloo are being cancalad and rstlrvd
upon receipt by the Treasury.
Federal Reserre Bank notes and Datlcnal bank notes are ccvel9d bj
deposits of lavful uoney and are In process of retlrenent.
Based on latest population estimates by the Bureau of the Census.
BsTised.
..
3
5
.
Jecemher 19%
49
.MONETARY STATISTICS.
Table 2.- Monetary Stocks of Gold and Silver
(Dollar anotnte In mlUlODe)
anl of fiscal
year or nontli
Cold
(*35 per
fine oiaice)
SllTer
(»1.29t per
fine ounce)
Ratio of BllTer
to gold and
Bllver in
Monetary atocks
(in percent)
2<t,l>66.3
19't9
2l>,230.7
1950
1951
1952
21,755.9
3,618.3
3,671.5
3,7lB.5
3,768.5
12.9
13.2
111.6
3, 811..
13.9
lU.S
21,927.0
21,677.6
21,799.1
3,863.1
15.0
3,922.''
3, 99''.
15.3
15.5
1955-DeceBiber.,
21,690.11
3,930.1
15.3
1956-January
21,692.9
21,695.2
21,715.7
3,938.T
3,9'«.l
3,9W».2
23,3''6.5
22,li62.8
1953
1951*
1955
1956
.
.
Fol>ruai7.
March
April....
21,7't3.1
Mar
June
21,771.6
21,799.1
July
Ai^ust . .
September
21,829.6
21,857.8
21,88U.3
October.
21,909.6
.
.
u
.
5
k
50
.MOHETAEY STATISTICS,
Table 4.- Components of Silver Monetary Stock
(In mllllasia of dollars)
SllTer held In Treaaury
of calendar
jear or month
fiid
Securing ellrer certificates i/
Sliver
bullion 2/
19^9
1950
1951
1952
1953
2,003.2
2,0*0.7
2,073.5
2,109.7
195lt
2,171.1
1955
SllTer
dollars
Subeldlary
coin 3/
321.9
312.8
301.0
289.3
278.3
11.
1*8.0
2,19lt.ll
267.6
253.5
2,1911.9
253.''
2,196.6
2,198.5
252.6
April
Mar
June
2,199.1
2,200. It
2,202.3
250.1
July
August...,
September
2,203.5
2,206.U
2,207.9
2't5.1
October...
2,208.9
2,1110.8
1956-January
February.
March. . .
.
SllTer outalde
Treaawrj
In Trcaaurer'e account
Bullion for
recolnage j*/
Bulllcn
at coat
91*. I»
SllTer
dollars i/
Subeldlaij
coin i/
Total
SllTer
at $1.29+
per fine
ounce
171.0
179.8
191.3
202.5
213.2
982.2
1,022.2
1,083.1
1,158.1
1,213.1
11.0
17.6
223.1
1,21*2.7
235.'*
1,283.2
16.2
15.2
16.0
21.6
21.6
235. !•
236.3
237. 1»
l,281*.l*
16.2
13.5
6.2
21.9
29. ll
238.6
3,955.6
3,973.3
1(0.0
241.6
1,297.8
1,303.8
1,311.2
l«7.3
21*3.5
51.5
21*7.2
56.2
2118.0
1,312.6
1,316.9
1,319.9
i*,009.6
2U0.6
6.5
5-2
5.3
238.9
3.U
59.8
21*9.7
1,326.9
l*,0k9.0
251. ll
2W.7
2U7.0
2ltl.l>
3.6
1.7
3.9
6.3
1*5.3
30.7
15.7
Source: Circulation Statement of United States Hooey; Office of the
Treasurer of the united States.
1/ Valued at $1,294^ per fine ounce.
2/ Includes silver held by certain agencies of the Federal Goremnient.
2/
95.1 2/
82.0 g/
lfl.5
3/
±/
•
21*0.0
1,286.8
1,292.2
3,61*3.1
3,697.1
3,71*1.3
3,79l*.l
3,837.0
3,886.6
3,930.1
3,938.7
3,9te.l
3,91*4.2
3,991*.
l*,oe3.6
11,036.
Valued at $1.3&+ per fine ouice.
Valued at $1.38+ per fine ounce or at $1.29+ per fine ounce according to vbetber the bullion Is held for recolnage of subsidiary
silver coins or for recolnage of standard silver dollsrs.
Lees than $50,000.
.
U
S
.
7
U
December 1956
51
.MOKETAFY STATISTICS.
Table 5«- Seigniorage on Silver
(CuBulAtlTo
froBi
January 1, 1935
In milllooe of doUara)
-
Sourcee of ealgnlorage on ellver bullion revnhjod j/
Bid of calendar
year or month
Seigniorage
on colna
(ellTer and
minor)
MlBc. silver
(incl. silver
bulllati held
June lU, 1931*)
1935
1936
1937
1938
1939
18.5
1^.1
63.7
69.5
91.7
It8.7
lt8.7
igito
19<tl
12s .2
182.1
U8.7
U8.7
xgita
2lt5.7
1*8.7
19'*3
299.6
362.3
1(8.7
teg.?
U91.9
520.5
559.2
578.7
1(8.7
19'A
W"*?
19I16
19<*1
I9I4S
19''9
"46.7
1*8.7
1(8.7
W.7
1(8.7
1.8.7
1(8.7
1(8.7
HevXy mined
allver (Proc.
Dec. 21, 1933)
16.8
36.0
58.0
T>.9
87.3
newly mined
silver (Acts
July 6, 1939,
and
July 31, 191*6)
Silver Purchaee Act
of June 19,
I93U
Hatlonelited
silver
(Proc. of
At«. 9, 193'*)
226.2
302.7
366.7
3l(.5
3l(.7
3l(.7
1(57.7
3l(.7
1(.2
530.7
3l(.7
87.6
87.6
87.6
87.6
87.6
25.7
562.7
1(8.3
580.
3l(.7
3l(.7
63.6
65.3
65.
58l(.3
87.6
87.6
87.6
87.6
87.5
65.5
66.5
701.6
832.1
832.1
832.2
833.6
10l(.7
150.
833.7
833.7
833.7
833.7
833.7
833.7
5ei(.3
58l(.3
7l(.5
8U.6
93.5
3'(.7
3l(.7
3'(.7
31..
3l(.7
596.6
1(8.7
61.2.3
1(8.7
69U.2
TU2.2
792.9
807.0
1(8.7
1(8.7
87.6
87.6
87.6
87.6
87.6
87.6
808.2
809.8
812.1
1.8.7
1.8.7
1.8.7
87.6
87.6
87.6
151.0
151.5
152.1
833.7
833.7
833.7
3'(.7
3'(.7
1(8.7
87.6
87.6
87.6
152.2
152.6
153.2
833.7
833.7
833.7
3'(.7
Ma;
June p....
815.7
818.8
BI9.7
821.5
82U.O
826.2
1(8.7
87.6
87.6
87.6
153.6
833.7
833.7
833.7
3l(.7
July
August .
September
1950
1951
1952
1953
195^
1955
1956 -January..,
February.
March
April
.
,
1(8.7
1(8.7
1(8.7
1(8.7
U8.7
1.8.7
Source: Bureau of Accounts.
and the
1/ These Items represent the difference between the cost tbIuo
monetary value of sllTer bulllcn revalued and held to secure silver
certificates.
Ilk .6
125. l(
13l(.7
11(3.8
15l(.5
15lt.9
2/
p
Total
seigniorage
on ellTor
revalued
326.2
27l(.9
1.22.1
397.5
508.1
616.0
705.6
758.B
950.6
759. l«
799.7
818.9
820.6
820.7
3'(.7
3l(.7
3'(.7
31.
.7
1,055.8
1,089.0
1,0W.2
967.3
717.3
333.2
1,109.3
111.7
81.9
57.2
1,U9.2
3'(.7
51.1.6
938.1
1,069.5
1,077.6
1,087.8
1,098.1
1,130.0
1,139.3
3'(.7
Potential
seigniorage 00
ellver bullion
at coet In
Treasurer's
sccount 2/
l,ll*.l(
l,155.l(
lfil.2
11.6.B
129.9
127.2
31.
.9
6.5
11..3
1,155.6
1,156.1
1,156.7
17.1
16.9
1,156.8
1,157.2
1,157.8
17.5
22.9
31.1
1,158.1
1,159.0
1,159.5
37.0
39.9
11..5
Ui.li
The figures In this coltmn are not cvDulatlve; as the aaount of
buUlon held changes, the potential aelgnlorage thereon changes,
Preliminary.
"
Treasury Bullet
52
i
.CAPITAL MOVEMENTS.
Data relating to capital movementa between the
United States and foreign countries have been collected
eince 1935, pursuant to Executive Order 6560 of January I5,
193'»,
Executive Order IOO33 of February
8,
19'*9.
The first three sections which follow are published
They provide summaries, by periods and by
monthly.
countries Is reported monthly, and Is published regularly
In the "Treasury Bulletin." Supplementary Information Is
published at leas frequent Intervals. Reports by banks,
oountrles, of data on short-term banking liabilities to
Industrial
and commercial concerns In the United States are made
Initially to the Federal Reserve Banks, which forward
consolidated figures to the Treasury.
and claims on foreigners and transactions In long-term
securities by foreigners, and present detailed breakdowns
Table
1,
short-
term foreign liabilities and claims reported by nonApril, 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
"Short-term" refers to original maturities
of one year or less, and "long-term" refers to all other
maturities. A detailed discussion of the reporting
Table
2,
long-term foreign liabilities and claims reported by
banks and bankers, and Table 3. estimated gold reserves
and dollar holdings of foreign countries and International
Institutions, are published quarterly In the March, June,
September, and December Issues.
Table
+,
foreign credit
and debit balances In brokerage accounts, appears semiannually In the March and September Issues. Table 5,
cMferage, statistical presentation, and definitions
short-term liabilities to foreigners In countries and
areas not regularly reported separately by banking In-
appeared In the June 195'^ Issue of the "Treasury Bxilletln,
stitutions,
Section
I
-
Is presented annually In the April
Suimary by Periods
Table I.- Net Capital Movement between the United States and Foreign Countries
(In nmiotiB of doUare; negatiTe figures Indicate a net outflov of capital flxm the Ckilt«d States)
AnaljBis of net capital BOTenent
Calendar jear
or month
Ret
capital
Boraaent
Changes In llablUties to forelgzkers
Short-teim
;
Section IV provides supplementary data In five tables
flnanclal concerns. Is published quarterly In the January,
of the United States are Included In the published data.
|
of the latest available preliminary data.
which appear at less frequent Intervals.
Beginning April igS**,
data reported by banks In the Territories and possessions
oi^anlzatlons.
'
published will be exactly comparable to those now presented.
covering the principal types of data and the principal
bankers, securities brokers and dealers, and
>
and
Information
Tretisury regulations promulgated thereunder.
As a result of changes In presentation
pages '5-'t7.
Introduced In that Issue, not all breakdowns previously
Issue.
1
.
.
. . .
December 19%
53
.CAPITAL MOVUffiNTS.
Section I - Summary by Periods
Table 2.- Short-Term Banking Liabilities to and Claims on Foreigners
(Position at end of period in millions of dollora)
Short-term llaMlltiea to forelgnere
Fayahle In dollars
VXA of calaolar year
or month
U, 205. It
5,37lt.9
igits.
19^3.
5,596.8
6,883.1
6,480.3
19l»5.
I
Foreign
official
Other
foreign
2,244.4
3,320.3
3,335.2
1,947.1
2,036.7
2,239.9
2,578.2
2,922.0
l*,179.3
3,043.9
Short-term clalne on foreigners
Fayahle In dollars
Payable In
foreign
Loans to
Other
currencies
foreign banks
Payable In
foreign
currencies
International
246.7
257.9
1*73.7
13.9
17.9
21.6
25.5
40.6
329.7
392.8
708.3
72.0
86.4
105.4
100.3
319.6
2,262.0
1,864.3
1,657.8
1,527.8
1,641.1
49.7
70.4
51.0
44.9
72.2
948.9
1,018.7
827.9
898.0
968.4
292.9
361.2
222.7
151.1
177.2
490.6
557.1
494.3
506.3
61.4
43.7
43.2
40.3
1,048.7
904.5
1,386.5
122.9
156.5
206.5
328.1
847.5
646.5
969.0
1,056.5
315.3
302.0
114.1*
11*3.7
137.2
169.7
245.0
290.5
30.9
34.4
54.6
47.5
98.1
165.4
100.4
1950.
1951.
8,61*4.8
9,302.2
1,832.1
2,836.3
2,908.1
3,620.3
3,5^7.6
1952.
1953.
195^.
1955.
10,546.1
11,648.4
12,922.5
13,602.9
4,654.2
5,666.9
6,774.6
6,956.3
4,245.6
4,308.4
'*,725.1
1,584.9
1,629.4
1,769.9
1,881.1
,740.2
,875.9
353.6
6,989.4
7,034.8
7,395.1
4,842.0
4,906.5
5,007.9
1,867.4
1,875.6
1,894.5
41.4
38.9
56.1
1,503.1
1,515.3
1,509.8
292.0
1,073.4
1,083.7
1,092.5
April.
May...
Jise..
489.5
535.1
,657.2
7,338.5
7, '•''1.2
1,978.4
2,001.4
2,007.0
47.2
50.3
7,460.6
5,125.3
5,042.2
5,140.1
1*9.5
1,527.1
1,603.3
1,633.8
323.8
338.4
323.5
1,074.6
1,125.3
1,160.1
128.7
139.6
150.2
Jul; p
August p....
September p.
,833
7,443.0
7,765.5 1/
7,929.2
5,330.7
5,181.6 1/
5,247.4
2,015.6
1,998.0
2,005.5
44.1
51.8
50.5
1,625.6
1,705.8
1,732.5
336.5
326.4
335.2
1,145.1
1,188.5
1,198.7
144.2
191.0
198.6
7,116.1*
19^7.
19U8.
7,718.0
7,618.0
19'»9.
1956-January .
February,
March ....
i/
."*
996.9
232.6
2,972.7
2,947.0
3,001.0
3,1151.7
4,041.2
1*,
335.1*
For the first time certain accounts previously classified as '*Other
foreign" are Included in"Foreign official."
p
1,51*8.5
699.1*
U0.8
240.6
91.8
78.4
101.6
2U.0
163.9
129.7
125.3
Preliminary.
Table 3.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
the United States)
(In millions of dollars; negative figures indicate a net outflow of capital from
Corporate and other
U. S. Government bonds
Calendar yeeu'
or month
end notes l/
Sales
396.8 i/
164.2
241.3
513.6
377.7
1935-1*1.
1942....
191*3....
1944....
191*5....
414.5
344.8
282.4
430.0
1,236.4
1946
191*7....
1948. . .
1949....
1950....
195"*....
673.6
533.7
646.0
800.9
1955....
1,31*1.1
1951....
1952....
1953....
1956-January.
February
March
..
.
;^>ril.
May...
June .
July p..
August p. .
September
1/
2/
33.9
30.5
208.3
47.6
31.8
28.4
310.7
87.0
18.6
Total
purchases
Bonds 2/
Bet
purchases
21*5.3
393.'*
-15.7
684.2
283.3
330.3
333.6
294.3
-269.7
61.5
25.7
70.7
2/
2/
2/
-1*7.9
96.4
942.1
-97.1*
751.0
46.6
27.8
210.7
-113.1
432.1
376.7
514.1
375.3
664.0
-64.5
-150.6
-144.3
-21.2
2.9
782.1
570.9
652.2
784.1
2,011.1
l,n6.3
-331* .2
659.9
844.4
708.9
1,066.6
-89.1
-192.2
75.2
120.3
1.0
55.2
135.0
127.5
1,533.3
1,3&*.0
1,447.9
2,205.7
3,227.0
2,117.6
1,069.0
-584.3
171.'*
B9.8
U.7
197.'*
15.3
283.6
296.0
6.1
28.7
650.2
589.1
1,115.1
1,561.2
23.5
-2.8
12.4
-8.7
167.5
109.7
156.4
111.4
108.7
176.6
56.1
1.0
-20.1
-3.9
23.1
6.6
157.2
155.8
107.7
135.2
120.1
92.2
141.1
140.3
111.6
U4.1
44.4
444.1
-.6
-13.9
20.7
26.8
-235.8
19.5
14.4
28.2
13.1*
34.2
22.2
40.1
22.2
26.1
17.0
15.7
36.6
19.7
25.5
23.5
18.0
18.4
367.6
226.1
369.7
bonds.
Through 1949, includes tranaactlona in corporate
Ooremmmt bends
Through 1949, inclined with transactions In U. S.
and notes.
U.2
-3.9
.5
3/
p
626.7
8,695.3
214.0
365.2
141.6
188.5
3''.5
284.1
14.0
10.6
357.7
sales
Het purchases of
dcnestic
securities
9,322.1
260.6
392.9
650.4
637.9
619.5
649.2
533.9
980.2
1,433.7
120.0
200.1
212.8
289.7
324.7
12.4
-411.4 3/
20.9
-43.0
-34.6
-21.6
-683.0
302.3
-82.0
8.2
529.0
26.6
73.0
8.0
841.6 2/
75.5
194.6
666.9
108.3
1,356.6
231.4
728.0
792.7
812.1
18.4
16.0
430.2 2/
96.4
151.6
136.9
260.2
35l*.l
2/
107.7
Hst
purchases
purchases
-95.7 2/
492.4 2/
138.5
170.6
268.2
Sales
net
Purchases
Total
133.7
79.3
1*39.7
944.4
311* .9
1,459.''
-U.5
2,056.4
2,541.8
149.3
685.2
222.0
166.9
384.3
169.3
167.4
648.9
52.7
22.1
35.8
15.5
227.1
227.8
27.0
6.7
488.5
21*7.0
32.3
148.6
174.7
155.5
123.9
423.7
171.2
107.9
158.3
-.5
-264.6
52.4
72.3
34.4
64.8
75.8
40.7
tHe breaWo™ between
January 4, 19l<0, through December 31, WUi
earlier years,
Btocta anl bonds is not available for
Preliminary.
5^
Treasury Bulletin
.CAPITAL MOVOffiNTS.
Section I - Sunmiary by Periods
Table 4.- PurchaseB and Sales of Long-Term Foreign Securities by Foreigners
(lb
Calendar 7«ar
niUlODs of dollars; nagatlre t\eana Indicate a net outflov oT capital fna
the ttuted States)
December 19%
\
.
56
Treasury Bulletm
3
.CAPITAL MOVHffiNTS.
Section II. - Summary by Countries
Table 2.- Short-Term Banking Claims on Foreigners
(Fosltlcn at end of period In iilllioDa of dollars)
ComtZT
195e
Europe:
Austria
Belelin
Ctechoelorakla.
Demark
.8
16.2
•
2.1
Finland
5.6
France
31.9
Oemany, Federal Eepubllc of....
26.8
Greece
Italy
Re tfaerlands
Horway
Poland
Portugal
Riaania
Spain
9vedeD
Svltierland..
Turtej
D. S. S. B...
Uilted Klngda
.2
17.8
>:k
1.9
11.2
2.5
7.1
38.8
30.3
YugoslaTla...
Other Europe.
8.6
Total Europe.
212.2
Canada
Latin Aaerlca:
Argentina.
BollTla...
Braill....
Chile
Colombia.
62.3
8.2
5.8
26.U
Ul.?
Cuba
Daalnlcan Republic
......................
Mexico
Netherlands W. Indies & Surinam.
32.5
1.6
U.2
88.6
Panama, Pepubllc of
Peru
El Salvador
Uruguay
6.5
IU.8
9.1
Tenezuela
Other Latin America
36.7
13.7
GuBt€fliiala,
Total lAtln America.
Asia;
China Mainland
Formosa
Hong Ecvig. .. ........
India
Indonesia
Iran
Israel
Japan
Korea, Republic of.
Rilllpplnea
1.3
1'..3
662.0
2.6
7.5
1.2
'•.3
.9
10.2
15.1
12.5
7.^
Thailand
Other Asia
21*
Total Asia
89.8
Other coimtrlea:
Australia
Belgian Congo
Egypt
Itoion of South Africa.
AU other
Total other coxaitrlee.
International.
Grand total.
3.3
.6
10.1
6.0
.5
2.0
3.8
22.U
.
.
December 1956
57
.CAPITAL MOVIMEMTS.
Section II - Summary by Countries
Table 3.- Net Transactions In Long-Terra Dotneetlc Securl ties by Foreigners
(In thousands of dollars; oagatlTa fi^uraa Indicata nat ealaa by foralgners or a net outflow of capital from the Utalted states)
Calendar year
1956
Country
1952
turope:
Austria
1953
-1.88
1,813
-581
i.,o6o
l.,869
11
a
-22
1.8
-29
1,800
963
393
1,582
5,1.60
-Ul,668
15,992
151.
183
-11.8
1.21
Belgium
CtechoeloTakla.
Denmark
Finland
France
Germany, Federal Pepubllc of.
Greece
Italy
Netherlands
Norway
Poland
Portugal
Pumanla
Spain
-2,903
13,311
-28
-93
1,923
Hay
-1.5
-1.11
July p
-7
585
55
3,098
31.
23
11
-e
56
2
1,786
80
50
1,253
965
2,572
-18
76
2,756
761
109
52
-711.
-
-1,189
2,595
31.
-6,891.
51.5
-1,619
1,162
-532
-591.
6,1.03
1.70
51.
-101
-616
-21,91.3
-21,319
•31., 339
17,695
-1,31.1.
353
273
5,978
-!i,5l.2
1,1.61.
1.7,580
853
5,051
-Sq
1.1
-98
39
UIQ
631
-9
2,261
33
-35
2
-39
800
-361
663
383
110
-287
-1,001.
229
-20
73,1.02
1,1.16
11.7,1.87
1.3,575
-23
1.7,11 1.0
31.6
-55
96,K5
6,51*2
-1.5
U
2,281
1,121
57
21
50,729
63
15
2,681
2,597
-1.81
-521
57,035
1
2,301
-1,685
8,761
811
551
-925
Septembfr p
Autjust p
3
1.90
1
Sweden
Switzerland. . .
Turkey
U.S.S.B
United Kingdom.
April
1955
WS"*
-3
-21,9
I.
,61*5
11*
-2
61*
133
621
285
-US
-368
166
-152
-80
11.
-136
12,1.68
21., 153
6,038
21,082
51
-18
3
-1.6
ll.,338
18,736
18,51*3
U,U82
10,259
-8
70,1.31
71,258
69,766
-3
-11.
-181.
-1.793
-1.373
YugoelaTla
Other Europe.
.
Total Kurope .
.
111.1.67
191,61.7
-186
-3
5.371.
-1,61.3
-1,219
110
-1,386
5,1.30
3U6
321
138,928
329,117
52,280
69,1.93
32,265
60,598
21,806
1.2,197
187,195
261*, 325
-5,1.05
-2,301
1,001.
-2,225
-938
202
1.36
138
-125
1.78
-101
168
23
1,1.60
595
177
510
276
336
121
19
83
135
-I.7I.
105
-130
78
176
7
9
1,979
930
108
1,110
3,7Se
,255
265
-1,267
53,677
1,561*
298
576
-53
2,128
1,190
37
320
55
621.
159
-10
152
627
297
1.36
U18
232
TL
-8,11*1
Latin America:
Argentina,
Bolivia..
Brazil....
ChUe
1,268
353
231
1.12
ColczBhla,
Cuba
-836
1,138
119
638
1,115
-1,519
1.13
170
U09
6
2,592
U36
19,385
-1,029
-1,170
873
-3,137
Panama, Fepubllc of
Peru
£1 Salrador
Uruguay
-6,532
96
65
2,680
-2,1.21.
661.
13,339
-119
21
-1.0
3,1.50
6,1.03
Tenecuela
Other Latin America
1,591.
1,1.1.3
3,61.9
DoDLlnlcan Republic
Guatemala
•
Mexico
Netherlands W. Indies & Surisaa
Total Latin America
1.687
-.986
3,01.1
81.
-lUl
3,016
Sou
-157
198
6d9
6,025
7,1.1.5
Iran
Israel
Japan
Korea, Republic of.
Philippines
Tha'-Z-Jd
Other Asia
1*61.
11
331
357
-1.5
1.7
S63
1*56
-278
2tl
1,238
25
71*
162
.6U
126
-1.1*
3,299
67
2h
-39
-626
31
1,096
578
-338
-383
1.1*9
93
131
-71.1*
-1,195
1,332
-309
2,921*
2,U6U
-1,373
910
-1.01.
688
-10
59
8
-18
-1.20
91.5
-1.1
13
-21*5
1,313
12
-69
-1,1.32
5,393
-UOU
5,300
739
1,31*1*
lH
-1,9
-71.8
15,11.0
32
9
537
71
-18
101
-57
51.3
%
1.Q1
26
-22
-1.1
-7S5
1,751
-550
1,063
2
959
-37
22
12
-25
8
51
31.
-10
-1
12
12
-6
31
-69
103
II.9
58
67
-5
-1.8
226
287
85
-7
50
2
-1,079
151.
-33
251.
5
12
lil
13
i..e57
303
3U2
191
1.92
e6e
8
III.
5,06^
551.
-179
y
~1/
-163
18
-21
-11,1.22
2!.
1.5
-I1I.U
6
30
51
65
11*9
-180
-3eg
P77
-lUl
758
70
3,1»51
29,121
1,66U
1,1*60
-9,535
25
29
-30
1
-13
7
8
2
13
-U
51.
123
-903
-222
5H
-21
9
78
lU
-52
-110
109
-17
-1.99
166
-20
210
3I.9
11.
60
3
U
2,326
6,076
60U
2,119
-387
-63
930
OI15
6,561.
1,026
592
2,12''
9I19
3,225
598
J. 76
3,89".
71., 151
669
72,306
3U,lil6
793
75,836
110,719
-359
other comitrles.
1,935
1/
38
53
-209
-153
853
-203
1,021
1,770
Grand total.
-3
18
76,16^;
Australia
Belgian Cccgo
E«ypt
Iklon of South Africa.
All other
International.
123
-619
-88
-18
Other countries:
TotaLl
791.
113,179
21.
China Mainland.
Eong Kong
India
Indonesia
87
383
,859
U.686
-82
56
-175
Aaia:
Fomoea
-201
l6l
551
108
579
12»
lU.TUU
22,71.1
77,730
-20,501
3lU,9l'l.
-11,513
11.9,31s
635 ,232
Not reported oeparately prior to March
1951*.
52,368
p
pTOlimlnary.
-337
61..
6
973
15
58
Treasury Bulletin
.CAPITAL MOVUffiNTS.
Section II - Summary by Countries
Table 4.- Net Transactlone in Long-Term Foreign Securities by Foreigners
(Id thouaaoda of dollars; nagatlra fl^uraa Inllcat* nat aalaa
\>j
foraigaara or a nat outflov of capital fron
ttaa
Uiltad stataa)
f
December 19%
59
.CAPITAL MOVIMENTS.
Section III - Preliminary Details by Countries
Table 1.- Short-Term Banklnpr Liabilities to ForelRners as of October 31, 1956
(PoeitlOD In thouBaoda of dollars)
Short-torm llabllltlM poTakla In dollara
To foreign tianlm and official Instltutlona
Total
ehort-tem
Country
llab 111 ties
Depoalta
U.S.
Treasury
blUfl and
cartlflcates
To all otlwr forel^isre
payable In
Other
Depoalta
Europe:
Austria
Belgium
299,706
117,623
627
69,920
Czechoaloralcla
DeosBark
Flnlfli^
5;,5l>7
France
Gezvany, Federal Pepubllc of...,
Greece
Italy
Netherlaadfl
732,702
,852,070
158,383
935,992
161,826
297,''51
60,1(25
220,366
32,151
373
373
53,569
51., 176
21,788
11,465
36,000
31,277
677,627
,81.1,370
262,090
291,371
1U8,168
20,61.3
910,1.93
138,719
103,612
66,960
29,218
1,577
25,222
1,535
101,001.
97,061.
293
293
1,887
251.
9,616
1,371
359,735
55,802
53,793
'.9,305
1,387,1.50
162,51.9
9,801.
69,1.99
18,1.23
25,1.15
23,038
9,526
9,797
16,362
17,825
525
3,l»71
5'<,873
1.3,320
1.2,888
196,1.23
1.6,171.
657,271
10,805
8U1.
611.
636,086
365,1.57
300,317
10,298
612
198,805
10,81i6
381,525
10,330
371,536
1.6,265
233,225
6,668,908
5,975,219
1,809,363
1,1.36,103
1,182,638
657,61.0
lli7,717
2U,1.50
106,21.2
2'H,365
8,960
166,878
105,290
8,871
151,016
1.3,691
Canada
,81
127,520
737,382
53,316
202,359
790,756
13,652
.•.«.•.•.•..
10,215
27,971
26,1.61.
1.2
1.51
3,920
32,052
652
11,515
338
31,715
652
1.32
116,560
188,161
31,689
168,793
507
2
5,81.7
131,753
2,738
230
,
Colofflbla
Cuba
Donlnlcan Kepublic
Guatemala
Mexico
Netberlanla w. Indlea & Surinam
9U,61.3
U3,961.
66,013
6U,6U8
21.9,873
175,501.
1.0,197
11.6,027
1.0,072
35,88U
71,103
51,867
21.6,960
1,319
92,01.6
516
9,980
516
9,620
3,1.27,251
736,605
665,282
1.63,695
U82,091
1.2,907
235,581
183,761
952
89
15,862
273
1,365
1.1,1.66
125
15,900
".,178
H.OOO
6,819
7,679
299,081.
67,167
1.3,891.
,301
19,227
19,225
2
8I.,351
1.0,620
1.0,570
50
U,U89
28,210
l.,l.89
18,819
71,95''
Ukniguay
3,517
1.08,212
101.
Panama, Pepubllc of
Peru
El SalTBdcr
25,960
15,806
251,265
25,375
'
10,81l0
26,3l'7
1,863
322,51.3
Ul.,867
322,91.3
57,9l»l
51,01.1.
3,512
uoo
3,385
2,278,720
1,1.60,050
1,316,279
97.212
1.6,559
35,222
52,536
59,320
61,080
179,557
29,221.
1.6,562
27,63't
28,621.
3''2
1.5,5'*5
1,010
177,603
30,787
37,886
1,065,U75
26,121.
35,21.2
1,01.5,635
98,1.81
280,901
97,023
259,635
231., 1.20
62,907
1,000
15,065
Thailand
Other Asia
11.0,273
136,687
21.,U6l
112,021.
375,220
352,651.
279,615
62,153
202
10,886
Total Aala
2,1.16,738
2,289,1.3't
1,607,698
U32,621
•.9,115
7l.,312
69,561
UU,712
27,038
23,338
lU,99l.
31,500
13,120
29,500
U,023
l.l.,563
Venezuela.
Other Latin ABerica
Total Latin Anerlca
>..
U02,l.88
Aala:
China Mainland
Fomosa
Hoi« EoDg
India
InioEiesia
Iran
•...•
larael
Japan
Korea, Pepubllc of
Philippines
Other countrlea:
Australia
Belgian Congo
Egypt
Iblon of South Africa
All other
Total other countries
International
Grand total
1.5,072
U6,1.19
55,1.11
33,51.9
30,752
116, U19
8l.,79lt
315,771
2711,382
26,158
33,228
19,086
258
7
1,1.76
20,000
158,120
26,055
3l',''73
960,010
96,023
2,183
397
69
769
22,718
10,150
U,3'>6
,005
19,1.00
100
7,95k
69
6
10,689
150,721
93,920
29,7l'l
71.
5,81.0
98,891.
1'',''39
152,213
9,011
125,5''3
U,393
2,730
230
U7,1.27
Latin Anerlca:
Argentina
BollT la
Braill
Chile
2,227
Ul,78e
11,287
1,371
Sveden
Switzerland
Turkey
U.S.S.R
United KlngdoD
Total Europe
2,255
57,165
UjUll.
57,275
2, 028
133,123
9U5
YugoelaTla
Other Europe
77,085
26,387
251.
Norway
Poland
Portugal
Runanla
Spain
2,015,W.O
2,013,826
62,lB9
1,951,037
15,131,680
13,195,^9
5,803,890
6,l.eu,132
aiort-tem
llabUltlee
U.S.
forel^
Treaanry
line and
certlficatea
currenclea
60
Treasury Bullet ii
.CAPITAL MOVBffiNTS.
Section III - Prellnilnary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of September 30, 1066
(Poaition in -**'^fTr*t of dolXsn)
ebort-taia olalaa payabla
In forvlga eiirrcnclM
Sbort-tom olalaa payabl* In dolln*
Total
•hart*
t«rm
Coimtrx
oUlaa
Inropat
Aaatrla
BalgliB
,
Cieohoslorakla
6,503
19,182
266
5,967
5,211
,
Damu-k
Finland
Traaca
a^TWBDj, Fadaral BapnUio of
Oreaoa
Italy
Katharlanda
Spain
B
ElngdOK
0. 8. S.
mi tad
861
Ik
361.
2,8k3
265
171.
l»,78>
28
35,268
35,028
15,805
ii.,3e3
e.iT".
TttAtj
dr— atlo
11,511
108,727
10,226
27,789
70,058
1
81,050
Sinuerlaad
6,1.96
18,599
266
5,827
5,209
for tm
•aoount and
offlolal
InatltntloQa
"•,785
15,Wi3
36
967
2
8radaa
Total
12k,8li7
I6,li6l
Buanla
ontstandljig
37
l,k8o
17,759
66,013
Borvay
R>laid
Portugal
Collcotlona
foT^iga
390
650
8,305
1
2,07k
653
Total
Depoalta of
reporting
and doaeatle
onatcaar* vlth
foral^ara
k,971
7,067
7
583
567
3,189
k,519
100
2
100
2
l,k68
7k,266
5k,50e
16,120
51,903
15.965
5,792
lk,737
3,788
5,35k
7,685
27
1
2,127
2,771
1,965
9kl
k,938
1,295
10,213
k,698
2ko
656
212
63k
7.991
131
6
k2
131
6
37
2
5,328
1,991
73
20
3,692
l,6k9
795
2
1*5
1,737
951
951
729
12,710
312
3,280
k,067
5.203
3,189
353
k,158
3kk
k,06k
70,053
661
3,665
65,590
l.,091
5
1
5
1
21,775
15,312
30
925
2
7,223
9,873
23,631
30
37
5,913
2,009
10,697
3,156
59,275
k6,075
TngoalaTla
Othar fturopa
296
5,350
295
7
1
5,192
1,070
2,U99
287
1,328
295
1
158
lk7
Total Europe
503,855
366,563
118,291
kO,k7k
75,752
132,01.6
137,292
121,1*5
123,21*5
n,768
8.809
1.1.,158
7,605
17,196
k5,k77
k2,323
11,336
3,775
6U,069
Ik, 765
11,183
3,775
63,820
5,018
5,223
3,k85
153
153
1W*,581.
ll.J.,1.61
25,307
6,551
30,936
936
50
13,86k
1,792
16,338
8l,3't9
81,163
3,611.
U7,6Wi
929
5,818
36k
13,k31
3,621
6,902
271.
712
62,251.
kO,2k2
k,706
Canada
Latin ^aerloal
AlVantlna.
BollTla
Brazil
Chile
Colo^la
,
Cnha
DoalnlGan Bapnbllo
,
,
OuatoKla
Mexloo
latharlanda Vaat Indlaa k Sarlnaa.
Fanaaa,Bapnbllc of
Baru
Xl BalTador
181.,3U7
6,213
ll.,765
6,902
183,109
6,213
76
1
ll,37l>
11,31.1
107
31,696
8,159
7,211.
8,350
k,76l
6k2
2k9
92
123
106
Ik ,270
77
166
7
173
2,2kl.
5,lk6
19,177
1,368
770
6l,k36
138
1,238
850
2,312
572
5.k67
k.169
13.1W.
19,771.
3,53k
63,096
lk,U5
,982
Othar latin taarloa
U6,lli9
1.6,055
10,1.80
13,81.6
l.,258
Total Latin Aaerloa
779,363
775,1.87
211., 998
2,'i76
5,81.6
l.,683
2,U76
2,1.75
5,81.6
lt,677
5,586
200
1
59
1,021.
l,0k7
2, 606
6,703
6,078
2,157
7
3,250
331
22,67k
1,000
33,2kO
1,056
1,178
Ungaaj
anatnela
26,0lt2
131.
Aalat
Cblna Malnlmtf
Poivoaa
Bong y^wifl
India
Indooaala
I4II1
Iran
larMl
Japan
Ibrea, Repaklle of
nillipplDaa
,
67,11k
15,78k
3,2k5
1,125
38,973
21,lk3
182,1.17
217,391
9kl.
kU
82
1
23,0^
351
1,523
22,215
58
i,keo
23,096
12,279
130,901
1,137
1C,869
122,71.6
10,796
9,593
7,903
7,903
5,801
12,261
1,«7
Thailand
Othar Aala
711,136
73,1.22
Total Aala
280,lilt3
270,839
10,916
7,927
2,910
6,850
9,73'.
U,775
81
U
161>
k,875
2,888
3k.091
31,557
8,159
25,693
133,677
103
6
1
2,055
33
139
3k9
1,305
137
k,870
9k
3k9
581
39
160.681
3,876
2,k80
66k
6
625
k
k95
8.258
55.516
18
8,155
8,155
Ik
73
66
13,7kl.
1
13
k7
60,1.51.
783"
U,a22
363
71*
71*
m,26i
15,kk3
79,272
6k. 863
9,60k
9,1.36
k,286
273
1,12k
i.iSe
66e
Othar oowntrlaa i
itaatralla
Oiloa of South Afrloa
AU other
17,00''
16,1.1.1
1,307
10
505
1,250
7,966
1,020
k,135
7,639
1,258
k,8l8
6,788
667
563
229
111
Total othar ooaitrtaa
1»5,607
1.3,303
U,038
1,033
2k ,638
6.59k
2.30k
1,030
1,732,513
1,533,960
1.61',397
283,525
kOk,658
381.380
198.553
lT6,kl*
Belgian Congo
»BJt
7,922
2,887
6,319
7
2kJ>
5
23
531
5
23
Intamatlonal
Oranl total
.
.
.
December 1956
61
.CAPITAL MOTTEMENTS-
Sectlon III - Preliminary Details by Countries
Table 3.- Purchases and Sales of Lonflr-Term Securities by Foreigners during September, 1956
(In thouBODde of dollara)
3alBB by forvl^wra
Purchases by fore liters
Far«l9l BBCurltlee
DooBBtic Beouritloe
Comtzj
Europe;
Austria.
BdlgiUB
U.S.
Total
purchases Goremaent
honde and
notes
Corpoorate and
U.S.
Total
•alaa
other
Corpcarat. and
GorBmnBot
boodB BDd
DOtBB
78
370
58
3,881
20
"•37
799
Foralsa aaourltl..
DoaBBtlc B.ourltlBB
k
1,502
ottaar
BoDda
Stocka
3
1
32
1,111
6l>
20
1
eo
1
52
5
236
159
1,125
5,5ek
10
285
Cz»ohoaloTaklft.
Demarh
16
227
U2
FlulaDd
Fraooa
Cezaany, Federal Bepubllo of.
Greece
Italj
HetherlAnda
8,l»36
Borway
Poland
Portugal
Runsnla
Spain
1,715
63
108
790
1
,
Turkejr
107
50
110
52
3,211
88
63
3,690
5,771
108
200
10
26
10
65
5k3
1,970
2k5
51
k51
3,933
226
Ik
295
216
63
620
9,165
112
200
272
3,001
180
321
91
5,531
563
8,93k
5,"t7''
l.,312
15
97k
90
83
2.71k
2
67
5118
5
655
683
Sweden
Svi tierland....
lUl
2
197
U8
529
55,065
16
3
103
1,1|22
3U,k29
22
llt8
Tugoelarla
Other Europe
1
6
5
36
32
531
3,901
lil£
73
1,985
2
3k
30
33
1
29
226
27,35k
33
1,572
10
70k
3,6U
380
>A,670
16
3,790
32,867
62
2k2
396
1,025
9
8,050
1,09''
16,11(8
1,560
7,577
28,036
6,05k
kl3
8,566
U.S^.R
Ublted Eln0doaa.
1
5
3
79
l,k32
2,8lk
6,893
6,110
3
53
979
179
839
17
688
2
.
l.SW
81
.
Total Europe .
123, 56»
llt,8l»5
5,811
76,363
5,139
21,ll06
86,055
6,811
2,799
k5,212
9,329
.
3,336
10,281i
13,8211
13,676
2U,905
91,997
3,k89
lk,19k
17,902
25,772
30,6kO
66,065
3
130
85
2l>
U
3
183
520
20
36
53
62
10
7
5
385
8
ka9
k23
51
32
l>69
10
22
8
83
26
1,63"*
37
10
593
kk
557
k90
51
37
166
886
115
901
313
138
88
1,128
l.kOO
k7
8
1,50k
177
120
Latin teerloa:
Argentina.
BollTla. .
Brazil
Chile
Coloabla
.
378
I1O6
Cuba
Boalnloan Republic
Cuateaala
Mexico
Metherlands W. Indies & Surlnsm
2,588
1)2
10
2,516
658
228
Pansaa^ Rapubllo of
2,815
271
59
3,791
2,751
1,H09
19
Peru
El SalTador
Qruguaj
Tenesuela
Other Latin taerlca
Total Latin ABsrica
20.780
Ul
105
217
25
5
355
2U
2
306
65
bO
1,701
225
9
1,85k
85
32
1,686
206
25
109
1
12
10
263
19
2,291
229
57
85
209
2,8I>6
290
350
It
2,109
1,289
15,2l»3
231.
1,73k
k7
31
1,975
272
33
1>7
l,k71
201
38
2.911
3,171
1.366
2,127
1,35k
lk,952
29
29
It2
Asia:
32k
222
66
70
3,103
22
37
70
2,859
21
189
k7
1
2,k8l
29
7
3
16
73
63
102
6
U
Japan
119
121
226
U
Eosva, Republic of.
Fhlllpplnes
112
2
110
5,li2l>
50
51
355
5,011
9,387
63
3,858
5,333
22
208
16
l,"i59
1,557
3,221
China Mainland.
Parw)oa
Eoog Eong
India
Indonesia
Iran
Israel
18
51
Oth«r Asia.
Total Asia.
29
Other countries:
Australia
Belgian Congo
South Africa.
All other
Total other countries.
Grand total.
.
5
67
17k
95
3
5k
32
72
3n
k3
70
1,696
2,3k2
1,172
25k
897
u,083
29
19
2.312
19
121
69
6
10k
25
39
2,075
25
2,151
10
TT
35
569
3,128
17
15
17
128
17
1,352
63
5
k5
26
3kk
23
k3
316
Ik
k,395
18.6I>0
16.''19
31.080
k7,79e
2,909
Ik
26
2,13k
TT
-fTRS'
1,606
1,280
96
27
15
KfiTpt
Ikklco of
Interoatlooal .
12
23
10
U
35
1
10.6k6
17,99k
T^n^^
k7
78_
21,90k
Treasury Bulleti
62
.CAPITAL MOTEMENTS.
Section IV
Table 2.- Long-Term
i/
Liabl
1 1
-
Supplementary Data by Countries
ties to and Clalme on Foreigners Reported by Banks and Bankers
(Poeltloo at end of period in thousanda of dollars)
December 19%
63
.CAPITAL MOVIMENTS.
Section IV - Supplementary Data by Countries
Table 3.- Estimated Gold Reserves and Dollar Holdings of Foreign Countries
and International Institutions
(PoaltlAo at end of period In Mlllloaa of dollar*}
Area aad countrr
CoPtlBental Weetara Bnrope:
Aoatrla
BeleliB-Liizaibonrg (and Balkan Congo)
rinlanl
mnoe
(and dependaooiea) 1/
OaisaooTj Federal Republic of
Oraeoe
Italy
ether laada
(and letherlands Weat
ladlea and Surtnas)
amr
Porti^al (aid dependenclea)
Spain (and dependenclea)
Sveden
Svltaerland
Turtoy
Other 1/
Total Continental Weatem Europe
Bterllig *rea!
anted Elngdca
Dblted Kin^ca dependenclea
Anatralla
IBdla
OUon of South Africa
Other
Total aterllng area
Canada
latin Anerlea;
Argentina
BoliTla
Brat 11
Chile
Oolcabla
Cvba
Dcalnlcan Bapubllo
Kl S&lrador
Snateaala
Nexloo
Faneaa,
Peru
BepuhUo of
Omgnar
Tenesoela.
Other
Total latin taerlca
Aala;
Indooeala
Iran
Japan
Rilllpplnea
Thai laid
Other
Total Aala
teatem Borope
2/'
Other coimtrlaB
IgTpt
Other
Total other cOTSttrlea
Total foreign eomtrle*
International
Orand total
and «tl«at«d ottM.'^
"Gold and ahort-t«i« doUara" Include reported
prlrate -i-rt-te™ dollar holding. (Prtnlold r.aerTe., a»l official
»lU.jn original
iHally depoalt. and U. S. Ooren-ent .eom^tle.
U. 8 Oorauted Stat*..
lea*-) sported fty lank. In the
and prlrate boldlcff.
bond, akl note a" Inolnde eatl«atM official
rf
rfT^S. OoTerT«mt .«.untlea with a> original -atorl^
eitlaate. are baaed on a .r^,7 °'
aeourltle.
on .athlj report, by hank, ud broker, of
Trance and Tnaoh dependenclea onlj.
1/ moladaTgoW^arTo. of Bank of
'lot.:
of^jeJ^r
»»nt
^
^
-t^y
T"^ ^
"^"l^^t^^,^
^«»^"~\
certain prerlou.!/ wpu*"
2/ Deflect. tmbUcatlm for th. flr.t tUe of
in "Other- In "rll.r period..
nliSloU re^rre. vhlch «, Incited
of Trl..t., Bank for I^ternatlcn^
If
J/ iiclSefholdlng.
gold to
clollng Suropeai Pv-nt. ail<a K.co»t),
?«,J"^'~'f *^.^
B..tlt«tlo» of lfcaet«7 Sold, end «publl.h.d
^
TX^^^
SlP^l^a-l..lcn
for
gold r..err.. of certain We.t n lHrop.«i '""^Tj*!:
(j„i. 111^"•
aralLabl. figure on Mexlo« «»" '«'™^''?^
Ute.t
Sol»l«
i/
In Other.
Mtl»t«d ohaige for ri»l»l.r of q«rt.r lnclod«l
the D. 3. 8. B.
•,/ Ziclnlee gold roMrre. of
B_i.rf
" S"!'**P Pr.lJ-1-^. S^lh«> »5O0,0O0.
^
"
61^
Treasury
BuUem
FINANCIAL gr/CIMHJTS OF BUSINESS-TYPE ACTIVITIES.
The financial statements of business-type activities
of the United States Oovernment which appear In the
as agency accounting systems are developed to the point
where they are capable of furnishing the financial reports
"Treasury Bulletin" beginning with the August I956 issue
are based on reports submitted to the Treasury under
Department Circular No. 966, Issued January 30, 1956, and
required.
reflect Its expanded reporting coverage.
Department Circular No. 966.
These etatemente
take the place of thoee prevlouely published under the
caption "Corporations and certain other buslnese-type
activities.
Four Iclnds of financial statements are called for by
They are financial condition,
Income and expense, source and application of funds,
separately by each type of activity.
All of these state-
ments will be presented In the Bulletin.
Department Circular No. 966 represents another step In
the program of comprehensive and Integrated Oovernment
accounting and financial reporting for which authority was
provided In the Budget and Accounting Procedures Act of
195O- The circular was Issued pursuant to Section n't of
that act (31 U.S.C. 66b), and supersedes Budget-Treasury
Regulation No. 3, Issued under Executive Order No. S512 of
August 13, 19U0, as amended by Executive Order No. 9064 of
March 3, 19112.
and
long-range commitments and contingencies, to be subnltted
The statements
of condition will be published quarterly as before,
ginning with data for March 31, I956.
be-
Income and expense
and source and application of funds will continue to be
published semiannually, and long-range commitments and
contingencies will be added on a semiannual basis.
The statements of financial condition which appear In
this Issue of the Bulletin are presented In a series of
tables as follows:
(1) summary of specified activities,
(2) public enterprise funds and Intragovernmental funds,
In coverage, Department Circular No. 955 requires
sulnleelon of financial statements by all wholly owned and
mixed-ownership Oovernment corporations specifically Included In the Government Corporation Control Act, as amended
(3) certain other activities of the United States Oovernment,
(4) certain deposit funds, and (5) certain trust revolving
funds.
In these statements accrued Interest receivable and
payable Is Incorporated with accounts receivable and payable.
(31 D.S.C. 3U6, S56); and all other activities of the Oovernment operating as revolving funds for which business-type
public enterprise or Intragovernmental fund budgets are
Other assets and other liabilities now Include deferred
and undistributed charges and deferred and undistributed
required by the Bureau of the Budget.
Treasury,
Other activities and
agencies whoee operations, services, or functions are largely
eelf-llquldatlng or primarily of a revenue-producing nature,
and activities and agencies whose operations result In the
accumulation of substantial Inventories, Investments and
other recoverable assets, maybe brou^^t under the regulation
Borrowings from the United States
formerly shown under "Bonds, debentures, and
notes payable" In the liability section of the statements
of financial condition are now reported as part of the
credits, respectively.
United States Interest-bearing Investment.
net of reserves.
"Net" Indicates
Cross loans outstanding are shown In a
separate table, classified by type of loan.
:
December 1956
65
FmANCIAL STATEMENTS OF BUSIHESS-TYPE ACTIVITrES.
Table 1.- Summary of Statements of Financial Condition of Specified Business-Type Activities
of the United States Government, June 30, 1956
(In thousands of dollars)
Public enterprise
funda aod lotra-
gorermental funds
(See Table 2)
Certain other
•ctlTltlee
(Bee Table 3)
ASSETS
Cash In banks, on hand, and In transit
Fuul balances with the U. S. Treasury
207,028
5,616,289
189,670
3,012,827
783,673
25,225
783,368
25,225
-3,U3l.
-3,1.3'.
3,631,6't't
153,7'.9
3,1.77,895
23,663
137,738
23,908,765
2,097,267
3,089
85,867
16,552,769
2,086,632
20,571.
2,020,819
1,889,063
3,939,82".
'.2't,8ll
131,756
3,515,013
l'',950
1,61.2,150
111, 950
9,811,929
Ua2,126
169,'. 77
1., 522,663
933,196
708,222
8,865,506
97,130
925
15,253,2"«
1,380,020
933,928
75,58e,337
3l.,81.2,295
1.0,71.0,01.2
17,358
2,603,1.62
Inreetaients
Public debt securities (par value)
Sec\lrltles of wholly owned Cort. enterprises.
Itoamortlzed premlun, or discount (-)
Other securities (net)
Mvances to contractors and agents:
••..
Goremofint agencies
Others
•
lurentorlee
Less: Allowance for losses
Accounts and other recelTables:
GoTemnent agencies
Othere (net)
Loans receivable:
Garemnent agencies... •.•......*
Others
..•..••••.
Lees: Allowance for losses
•.«.
Acquired security or collateral (not)
.,.•...••...
equipment...
and
structures,
Lend,
••••
Less: Accunulated depreclatlcn...
Other assets (net)
Total assets
18, 677, '•35
579,256
170,1»02
19,775,905
2,313,216
.>•
305
51,871
7,355,996
10,635
LIABILITIES
Accounts and other peyables:
...
••••.
Govenment agencies
Others
Advances froa:
Govensasnt agencies
Others
Trust and deposit liabilities:
Goremnent agenc lee
Others
Bonds, debentinres, and notes payable:
.....
Government agencies
Others:
Guaranteed by the United States
Hot giBranteed by the Itolted States....
All other llabintleB (including reserves).
375,085
312,261
6e,82i.
1,21.2 ,8U7
81.6,269
396,578
83,26fc
27,038
2,725
56,226
,218
33,107
213,285
ll.,862
18,21.5
198,708
i'.,5rr
25,225
25,225
1.8,663
1,1.27, 1.12
1,1.27, ".12
1,203,533
1,077,118
126,1.15
3,980,279
666,356
lit
11,666,635
Total liabilities
irar
U,U93
1.8,663
iflVKJUuHT
Private interest:
••••
Capital stock
Accuttulated net incctne, or deficit (-).
Total private Interest
United States Interest:
Interest-bearing investnent:
Capital stock .,...,........••.•••••••••••••'
Borrowii«e froa the U. S. Treasury
Other
Nattlnterest-bearing Investment:
Capital stock
•
ApproprlatlCTis
Capltaliiatlon of assets (net)
1,270,1.1.5
39,818,1.02
AHAHSis OF
mn3amn of the mrrg) states
19,639,553
U, 207, 781
-13,282,060
-1,266,966
70.915.703
Total United States Interest
Investment of the Uhlted States.......
AccUDulated not inooae, or deficit (-)
Total investnent of the United States including
15'.,8l.7
16,252,19'.
1.21.
3,698,900
,599
'
/*\'*
Other
•••
Accunulated net Income, or deficit (-)
revenues (-)
fund
special
Deposits of general and
Total liabilities end investnent
15". ,81.7
19,951,09".
1.2U ,599
*"
75,582,337
81., 197,755
-13,282,060
70,915,703
Interagency ItamB
Interagency Iteoe:
Due frcBi Govemaent agencies (-).
Due to Gcrvanment agencies.
-a,08U,658
516,681
Total inveatjaent of the ttolted States after
exclusico of Interagency items
69,3'.7,725
1,270, '.U5
7,50U,70l.
u, 156,556
32,313,698
8,1.82,997
5,151,''90
-91.3,709
-l.,957,628
-8,32'., ".32
30.862.018
'.0.053.665
-1,268,966
311,81.2,295
35,819,637
-1., 957,628
30,862,018
-1,932,327
379,387
29,309,076
ka,7W),0k2
k8,378,U6
-8,32'',''32
k0,053,685
-152,331
137,29''
tO,038,6>9
Treasury Bulletin
66
FINANCIAL gr/ffiMnrrs of BusiNEss-TYra: AcnvrrrEs.
Table 2.
Statements of Financial Condition of Public Enterprise Funds and Intragovernmental
Funds of the United States Goveminent. June 30, 1956
(In thouaands of dollare)
'
:
t
.
December 1956
67
FINANCIAL
grWEMHWS OF BUSINESS-TYPE
ACTIVTTIES.
Table 2.- Statements of Financial Condition of Public Qiterprlse Funds and Intragovernmental
Funds of the United States Government, June 30, 1956 - (Continued)
{In thoueande of dollaro)
Major national aecurity
-
(CootinuaA)
Intra^oTerrawntal funds
Defanae Departaant
Amy
Departnent
Stock
fund i/
Caab In banks, on hand, &al In transit..
Puul balancea with the U. S. Treasury
337,58U
3511,530
Air Forva Departaant
Navy Department
InduBtrlal
fund
Stock
fund
Industrial
fund
Msrlns Corps
stock fund
1.89,081.
296,803
80,262
399,119
Stock
funl
328,1.91
Inreataiadats
Public debt aecurltiea (par Talus]
Securities of vholly (^med Gcrt. enterprises.
UuB&ortlted premiixD, or discount (-)... ......
Other secxiritles (net)
AdTazkoee to contracto(ra and agenta:
GoTerment agenc lea
728
5,631
Otliars
Xnrentorlss
Loaal Allcwanoe for loeses
Accounts and other recelTSbles:
Corerment agenclea ..........................
Others (net)
Loans receivable:
......•...•.•..
CcTemwnt agencies..
Others
.•••.•••.
Allowanoe for losses
Less:
•.,.
Acquired secmrlty or collateral (net)
......
......
Land, structures, and equipnent..,.
Less; Accumilated depreclatloa
Other asaets (net)
6,81.3,003
85,795
1,1.78,288
223,308
2511,982
16,1.82
39,852
98,55^
2o,u6e
389
119,31*6
2,355
Total aaaeta
7,597,961
1.1.3,333
2,007,225
622,956
9it,323
6,288
18,203
3,298
55,109
1.1,581
Ul,9l.l
Total liabilities
38,915
9,07".
.,291
30,751
7,688
1,301
Ii2,9lt9
2t,366
3,363
77,576
176,187
56,51.6
1.8,21.1
175,933
366,930
20,187
1,006,587
933,572
1.1.0,090
7,338,613
-28,962
•10,000
522,199
83,161
-330
18,821.
35,915
-10,280
7.U21,77''
386,787
l,958,9e»
'»7.oe3
501,919
2,007,225
682,956
510,25k
7,597,961
".'•3,333
7,338,613
83,161
387,117
-330
1,91.0,159
18,821.
l.U,108
35,915
512,199
-10,280
386,787
1,958,98".
w.7,oe3
501,919
7,1*21,77''
nsr invKjiMiari'
Private interest:
Capital stook
Aocismlated net Incane, or deficit {-).
Total private Interest
Ublted Statee Interest:
Intoreet-boarlng Inveetjaant:
Capital atock
Borro<rtJ«s
frciii
the U. S. Treaaury
Other
Haolnterest-bearlng inveetnentl
Capital stock
•
Appropriations
Capltallxatloo of aasets (net)
;•:
Other
Accumulated net Inccne, or deficit (-)
Deposlte of general end special ftml revenues t-J
Total United Statea Interest
Total liabilities and
Imesfent
AHAPSIS OF UiygJIMHTr OF
BB
OUTg) OTAIIB
Investoont of Ihe Ublted States
Acomulated net Inoaie, or deficit (-)
Total Inveatnent of the Uilted States Including
Intersgency Itene
Interc^ency Iteme:
DvB frcn Govemnent egenoiee (-)
Due to Goverment agencies
Total inveatmant of the tlnlted Statee aftar
exclusion of Interagency lt«an£
rootootes at end of Tabl« 6
-17,210
13,977
-39,852
,323
3,296
-96,55k
55,113
7,261,115
383,55k
1,922,1.30
1.03,582
-25U,982
91*
,239
126,593
IXABILITLRi
Accounts and other payables I
Govemnent agencies
Others
AdTsnoee fraa:
•
Ocrenment agencies.... .......*••••
Others
Trust and deposit liabllltlea:
Garemnsnt agencies
Others
BoDds, debentures, and notes payable
Gorenmsnt aganclee
Others:
Guaranteed by the Ikilted Statea
Hot gmrentoed by the Ikilted States.,..
All other liabilities (Including reserres).
771.
(CootlnusA on folXnrlng pas>)
501,919
Industrial
fund
reasury Bullet 111
Tr
68
FINANCIAL SrATIMHfrS OF BUSHfESS-TYIE ACTIVTriES.
Table 2.- Statements of Financial Condition of Public Qiterprlse Funds and Intragovernmental
Fimds of the United States Government, June 30, 1956
(In thouaanda of dollars)
-
(Continued)
:
:
'
December 19%
69
FINANCIAL SrATEMEOTS OF BUSINESS-TYPE ACTIVTriES,
Table 2.- Statements of Financial Condition of Public Enterprise Funds and Intragovemmental
Funds of the United States Government, June 30, 1956
-
(Continued)
(In thousands of dollars)
Veterans' services, etc.
-
Pub. ent. funds - (Cont.)
Veterans' Administration
Veterans
special term
Insxirance
Cash In baske, on hand, and In t3*an8lt
Fuid balances vlth the U. S. I^aauxy
17
679
Vocations!
rehabilitation
(Cont.)
Lsbor and welfare
Intragovt.
-
Public enterprise funds
HEW Dept.
(Cont.)
Supply
fund
IntrosoTemmental funds
Labor Dept. Connerce Dept
Public
Bureau of
Health
^plojrment
Service 11/ Security }gj
.
National Bur
of Standards
HBW Dept.
Public Health Service
Service ai]d Narcotics
Bupplj fund hoapltala il/
1,352
609
ll',285
29
1,085
5,907
1.98
23
1.683
1,22 ll
Imroelaiente
Public debt securities (par value)
Securities of >rtiollj owned Govt, enterprises
Unamortized premlUQj or discount (-)••
Other securities (net)
Mvances to contractors and egante:
GoTernuent agencies .••••••••••••••••••••••••
•.•••...•
Others
•••
..•*.
Inventories
•••
Less; Allovance for losses
Accounts and other receivables:
Govenment agencies ..•...•.•...•••••••••••
Others (net).....
Loans receivable:
Govensient agencies. . .......«...•......••..
Others
Less: Allowance for losses
Acquired security or collateral (net)
Land, structures, and equlinent.. .............
Less: Accunulated depreciation
Other assets (net)
Total assets
•
20,2311
550
27, Un
19
3.076
8
1.87
25
U3,3l'8
201
12,097
187
68
2
1,088
U2,138
2,3"t5
1.68
1,275
7,382
99
58
6
20,951
707
51,039
U
72
3
LUBILITrS
Accounts and other payables
......•.•....•
Govenment aganc les...
OtlMrs
Advances fraa:
Gcrvertanent agencies ......................
•
Others
Trust and deposit liabilities:
GcYemnent agenc lee
Others
Boods, debentures, and notes payable:
Govensnent agencies ........>...>.....••*
1.7
8,U36
250
Otliers:
Guaranteed by the Ualted States
Hot guaranteed by the tiiited States....
All other liabilities (Including reserves).
It
8,1.36
15
1(68
g,3''9
17
3,671
267
Total liabilities
msr invEsmBfT
Private Interest:
••••
Capital stock
Accunulated net incase, or deficit (-).
Total private Interest.
U<ed States Interest:
Interest-bearing investaiBnt:
Capital stock
Borrowli^e fron the U. S. Treasury
Other
Boninterest-bearing invoeUnent:
••••
Capital e took
•
Approprlaticna
(net)
assets
of
Capitalixation
•"
Other
Accunulated net Inccne, or deficit (-)
rovomies (-J
fund
special
and
Deposits of general
Total united States interest
Total liabilities and inves^ipnt
interagency items
Interagency items:
DvB from Govemnent agencies (-)
T>M to GoTercaaent agencies.
Total Investment of the United States after
ejccluslcn of Interagency Items
Footnotes at end of Table 6.
5,000
2
33,"'0l.
k50
1,5*0
620
63
88
20,951
6
235
''5
20,951
706
i«2,6oe
57
620
38,1.67
2,078
72
1,068
U2,138
2,3''5
".5
620
38,kOk
63
1,990
88
57
620
38,k67
2,078
20,951
707
51,039
20,951
700
6
t2,367
235
20,951
706
U2,6ce
AHAHSIS of CTTTOMBaT OF THE tBITH) STAJ^
Investment of the thtted States.......
Accunulated Mt inoooe, or deficit (-)
Total inveetnent of the United States including
10
U2,367
700
12
-3,076
-550
•.7
20,951
706
ka,05e
(Continued on folloiflng page)
57
6eo
35,'.38
2,078
:
Treasury Bullet
mil
70
FINANCIAL STATIMHrrS OF BUSINESS-TYPE ACTIVITrES.
Table 2.- Statenients of Financial Condition of Public fiiterprlse Funds and Intragovemmental
Funds of the United States Government, June 30, 1956
-
(Continued!
(In thouaandB of dollars)
Labor and welfare
IntragoTt. f\nde
HKW Sept. •
(Coot.)
Othar
Caah IB baoka, oo hand, and 1b tnnalt
Puul b&lAncas vltb tha U. S. l^^oaainr
InraatawDta
Public dabt aacurltiea (par ralue)
Securit-laa of vtiollj cwned G<rrt. ontarprlaaa.
Ui^aortlEod preal\aa, co* dlacount [-)
Otiiar aecurltlaa (oat)
AdTaooaa to contractors aad ^anta:
Goramaant aganc laa
•
Othara
2U8
iJL/
-
Agriculture and agricultural reaourcaa
(Cent.)
Public entaria*laa funde
(Cont.
Fara Cradlt AdjBlnletratloa
Justice
Dapartaent
radaral
Federal FY] eon
Faro
Induatrlaa, Inc. Mortgage
Corp,
Federal
Interned lata
credit
Production
credit
cor pa.
banJia
3''
1,820
12,328
3,61.5
77".
73
59,521.
Agriculture Oapart^nt
Agricultural Co^ndltj
srketlng
Credit
rsTolTlng
Corp.
fimd
361
35,865
Adaln. 12/
20,185
68
9,27''
603
39,762
.. .•
230
35
2,020
luvaiitoTlae •••••<••••••••••••••••••••>•••••••
75
7,378
3''
1,812
33
150,000
5,983,538
2,086,070
Leaa: AULowvkoa for loaaaa. .•.•...•.••........••
AcoouDta and othar raceiTablaa:
Gorarmant ^anclaa
Othara (nat)
Loana reoalrabXa:
Cufaiiaant aganclaa
..,.•.....•.......•
Othara
Lass: Alicwasoa for losaes
•
toqulrad aeoijrlty or collAtaral (net)
Land, atructuraa, and equlfavnt
Laaa: AccwulAtad dapraclatioD
Othar aaeata (nat)
Total aaaata
Farvera*
•
1,196,593
10,183
171
21.3,51.2
1,000
897,716
1,127
13,950 ,,
,319,002 i2/ 2,855
220
182
1
12,100
5,526
Ul
1.73
33
68
211
212,768
65,313
2U
9,622
506
508
507
169
1.7
75, 35^
19,517
12,215
981,561
1«,518
185,912
7,507,1.21
108
761
3
51
98
9,383
5
36
•,873
LXABnims
Accounta aod othar paj^Iaa:
GoTeraMQt agasclaa
Othara
AdTanoaa frCBI
Gorarmant c^anclaa
Othara
Trust ami dapoelt liablUtiaa:
GoramMnt aganc laa
Othara
BcDda, debaaturaa, and notea paTabla:
GoTement agsnclaa
Othara:
Guarantaad b7 the Uiltad Stataa
Hot gmrantaad tfj tha Uiltad Stataa
All othar llabllltlea ( iBCludloe raaarraa)
U
2, 606
280,681
31
86
9
7
3I1O
"•15
17,301
295
856,995
Total llabilltlaa
87
375
163
1,3W
31.9
868,523
219
615,1.91 i§/
273
9l6,l>19
Hgr UIVg/lMflfT
PrlTata Interaat:
Capital atook
AccxBulatad net iBcoaa, or daflolt (-)
•
Total prlvrnta Istaraat
Utaitad Stataa Intaraat:
Intaraat-baarliie l2n«atae&tt
Capital atock
Borroinnga frt«i the U. S. TraaaiS7
Other
BonlBtaraat-baarlog Inraa'teaatt
••.•
Capital a took
ApproptrlatlcDa. •••...•.••.•..........•.•...••
CapltalUatlon of aaseta (net)
Othar
Accianilatad net Inooaa, or deficit (-}
Daposlta of general and apaclal fxnd rersnuea (-)
Total Uolted Stataa Intarast
Total llabilltlaa and Igraataaiit
ABMasB
or
nwBacT
or tbl anrgp
60,000
20
215
U,9J.l
75
13,236
11,856
3U
16,177
"•73
19,517
100
29,235
1,000
500,000
2,700
50,338
13,010
-311.,088
Js698,998
3,768
U,866
113,038
k2,2li5
185,912
6,591,002
U,868
12,215
981,561
"•2,518
185,912
7,507,1.21
"•,873
11,290,000
,698,998
1,100
3,768
6,591,002
l.,868
sums
Inraalaant of the Oiltad Stataa
Acowulatad net Inocna, or deficit (-)......
Total Inraetaant of tha United Stataa Including
Intaraganoy Itaaa
Intaragancj tana:
Due frtn Gcranasnt aganolaa (-)
Dub to Gu ta iiMBnt ageoclas.
Total Inreetaant of the Oiltad Stataa after
axclualon of lataragancy Itaae
,
Footnotaa at and of Table 6.
100,000
114.90,000
>.
500,000
235
l.,9l.l
10
75
13,236
U,856
62,700
50,338
29,235
13,010
-31'.,068
3U
18,177
11,866
113,038
k2,2fc5
185,912
-3'.
61.
-1,812
19k
3
-1,000
105
3''1
16,559
11.869
112,1113
(CoRtlouBd OO folluslng
p^a)
-1.
-1,206,51.3
2.9*6
1.2,251.
185,912
I
5,387.''05
11,868
:
December I95b
71
FINANCIAL STATEMEMTS OF BUSINESS-TYPE ACTIVTriES.
Table 2.- Statements of Financial Condition of Public Qnterprlse Funds and Intragovernmental
Funds of the United States Government, June 30, 1956
-
(Continued)
(In thousands of dollars)
Agriculture and agricultural resoureee - (Ccotlnued)
Pub. eat. funde - (Coot.)
Agriculture Departaent
Federal
Crop
Insurance
Corp.
Disaster loans,
etc . , revolving
fmid
Natural resources
IntragovenBontal funds
-
(Contlnusd)
Agricultural
Besearcb
Service li/
Public enterprise funds
Interior Oepartaent
Bureau of
Indian Affaire
Working
capital
find
Fort Peck
project,
Montana Uj
I
I
Bureau
of Mines
l£/
Temeesee
Valley
Authority
Jiasgrs
banks, on hand, and In transit, •.•••• •
Fixid balances vlth the U. S. Treaaury
Casta In
17,938
1,528
37,707
68
371
l>08
81
271.
k20
287
38
109
7,833
870
5,103
129.83*
175
1.37
25
31,002
510
15
1.56
21,620
10,762
InTQstanents
Public debt securities (par value)
Securities of whoUj owned Govt, enterprises
Itiamortlzed premiun, or discount (-)...•.•..
Other securities (net)...... ••••,.,.•.......
MTSnces to contractors and agents:
Goremnsnt agenc lee. ........•.••. .«...•.•••
Others
•••••
••*.•
Unrentorles
•
•••
less: ALl<wance for loesee. .•.•.•••••••....
recelTables:
Acooimts and other
Goreranent agenc les. ........ .•.•.•.•••...••.
Others (net )
Loans receivable:
Goverxment agencies.. .........••••••.••••••
Others
Lsss: Allxnrance for losses
Acquired security or collateral (net)
Lai^, structures, and equlprasnt.. ...... .......
•..
Less: AccmmlAted depreclaticii*
•.
Other assets (net). ...••.. •...•••.•••.•
Total assets
....•..••••••
••
*
12
222
5,631
"•5
3,375
125,888
16,783
7,716
1,800
52
>>01
2l>3
ItOO
too
105
631
U,926
381.
31.6
18,5*7
7,*58
21
1,16k
1,985,765
262,390
110,012
12.781
18,21.8
2,026,187
367
7
23,792
151,916
1,030
1,261
222
1,833
67
120
11.3
168
U9
27
58
13,71.9
liabhitib
Accounts and other pajables:
Govemnent agencies.......... ...•.••.•-..
Others
Adrances flxm:
Goverxment agencies .......•••...•.••...•
Others
Trust and deposit liabilities:
Govsmaent agencies... ...,...•.••.••••••.
•
Others
Bends, debentures, and notes pajable:
Govemnent agencies ....................>•
Others:
Guaranteed by the Ukxlted States
Bot gwiranteed by the Uiited States,...
All other liabilities (Including reserves).
38
207
87
i6
17
3
5*
3
25
221
160
8,306
168
1.56
308
27,000
95,272
205,U9't
300
203
1.00
6,11.7
Total liabUltiee
NBT
2,171
2* ,886
225
1,039
81*
230
10,625
900
39,536
U,923
,'52,**0
IflVJfiJJMBfT
Private Interest:
•
Capital stock
AccuBulated net Inccxas, or deficit (-).
Total private interest
•
States Interest:
Interest-bearing Invostjosnt:
Capital stock ,.,....,,............*«•-•-•••••••
Borrowings frcn ths U. S, Treasury. -••••••••••
Other
Hoointerest-bearlnB lnvestnont:
Capital stock
Approprlatlcne ......•......••.-•••••••••••••••
Capltalliatlon of assets (net)
;•:
Other
...
Accimulated i»t inocoe, or deficit (-)
Dspoelts of general and special fVB>d revenues (-)
Tftxited
Total United States interest
Total liabilities and inveatnent
MiAiYsis OF nrraaiMMT of tss wx'xb) sstass
Inves1»»nt of the ttrtted States
Acciaulated not Inoane, or deficit (-)
Total mvestment of the mited States Including
Interagency Items
Interagency Itene:
Duo frcm Govemnent agencies (-}..•••••••••••
Diw to Goveroment agencies.. ....•.••••••••••-•
Total Investnsnt of the ttiited States after
exclusicn of Interagency Items
Footnotes at end of Table 6.
36I.
13,800
3,05l>
1,862
525
,
2,885
^,5*0
2,01.5
-106,786
15.U86
no
71
28
-2,096
151,7t8
575
953
13,71.9
-5*,
188,67022/
6,799
a, 539
12,555
17,3*8
1,986,651
2,026,187
23.792
151,916
1,030
1,261
13,71.9
12,781
18,2*8
122,272
-106,786
205,858
503
71
985
15,81.5
-5k,U0
28
-2,096
5,757
6,799
Ik.SoB
2,539
1,797.980
168,670
151,7*8
575
953
13,71.9
12,555
17,3*8
1,966,651
15,U86
-e6
1*3
-*56
*59
-21,620
3,210
12,672
17,351
1,968,2*1
-222
-^5
309
15,573
151,703
-UO
113
-287
120
268
786
(Contlnusd on follovlng page)
13.7*9
:
72
Treasury Bulletin
FINANCIAL STAJTHMHTTS OF BUSIHESS-TyPE ACTIVITIES.
Table 2.- Statements of Financial Condition of Public Biterprlse Funds and Intragovernmental
Funds of the United States Government, June 30, 1956
-
(Continued)
(In thousands of dollars)
natural reaourcee
•
(Continued)
erce and houelng
- I^roaotlon
of water transportation
Public enterpriae funds
latragoremBental funds
Coi^wrce Departaent
Interior Dept.
Defense Dept.
Office of the
Secretary ij/
In banks, on hand, and In trcmslt
•...
Pwul balances with the U. S. Trvaevarj
Xuves^Dsnts
Public debt securities (par Tta.ue)
Securities of wholly owned Govt, entorpriaee
Uiamortised prsmlxin, or discount (-)
•
Other securities (net)
contractors
and
^enta:
Adrancee to
Gorenaent agencies
Others
Inrentorlea ,
.*....
Lass: Alltwance for loeses
Acooimta and other recelTablee:
GoTenment agencies ..•...•.......•
Others ( net )
loans receivable:
GoTerment agencies
..•.,.....«.......•
Othera
Less: Allowance for losses.
Acqulrsd security or collateral (net)
Land, structures, and equipment...
Leas: Accunulated depreclatloQ.
Other assets (net)
Ara^ Bept.
Coat)
Total assets....
311
28,295
91.
9,222
159
10,166
1,515
St. Lawrence
Panaaa
Canal
Watervajre Ship mortgage Vessel oper- War risk
Company
insxirance
Corp.
Insurance 2^/ ations 21/
2iZ
Marltiw activities
Inland
706
3,973
211,038
Corp.
lt,776
2,352
11.8
Seaway
Developnent
2311
5h6
6,396
16,101.
1
I.
,81.9
8,665
3,130
1,506
1.23
678,917
279,136
13,016
12,51.1
1.1.6,978
18,072
76I1
2,650
1,162
2,338
3,272
687
3,301>
912
7,788
181
72
183,616
78,067
8,280
673
163,027
35
755
6,U08
12,U67
1U8
37,758
235
31.5
90
LXABHITIES
Accounts and other payables:
Goremoent agencies
Others
Adrances frtn:
Gorenment agencies
Others
Trust and deposit liabilities:
Goremaent agencies
Others
Bcoda, debentures, and notes payable:
Gorezment agencies
Others:
Guaranteed by the Uilted Statea
Rot guaranteed by the ttilted States
All other liabilities (Including rsserres)
53
1,610
1.89
•.
13
Total liabilities
Wg
66
23,915
615
1,075
18,687
223
155
32,688
620
"•,177
25,835
2,072
UVJb'lMHW
PrlTate Interest:
Capital stock
Accunulated net incone, or deficit (-)
Total private Interest
United States Interest:
Interest-bearli^ inrestaentl
Capital atock
Borrowlnes rron tbo U. S. Treaois?
Other
HoQlnterest-bearlng Inrestaent:
Capital stock
Appiujil latlccs . ........••.•......>.....•*..
Capltalltatlcn of aasete (net)
Other
AccuBulated net Incene, or deficit (-)...........
Deposits of general and special fuid rerenues (-)
Total united states Interest
Total llnMUtles and Inreetaegt
AWAnsis 0?
wnsawn
16,000
31.2,1.65
15,000
300
175
25,2lll
1011,260
12,296
US
838
-15,'>52
lk2
33,582
233
78,677
518
130,339
ll,81i7
1U2
33,582
233
1.21, 1»3
16,000
673
163,027
12,W7
US
37,758
235
Ul.6,978
18,072
1.75
129,501
838
31.2,1.65
16,000
l|2
-15,''52
1U2
33,582
233
78,677
11,81.7
lll2
33,582
233
1*1,1*3
o? iss imTB) arAHS
Inrestaent of the Uilted States
Aco^Bulated net inooie, or deficit (-)
•
Total Inrestaent of the Ublted States Including
interagency lt«ne
Inter^ency Itena:
Due frcD Goverment agencies (-)
Due to Goremaent agencies.....
Total InreslaDsnt of the Ttolted States after
exclusloi of Interagency Itana
Footnotes at sod of Table 6.
518
130,339
-159
35
-10,166
2,365
39*
122,538
27,298
11,8*9
(Continued on following page)
11.2
16,000
-3,305
-3,130
76I.
3,37".
1,162
".21,387
17,162
31,01.1
233
;
December I95b
73
FINANCIAL STATEMENTS OF BUSINESS-TYPE ACTIVITIES.
Table 2.- Statements of Financial Condition of Public ^terprlse Funds and Intragovernmental
Funds of the United States Government, June 30, 1956
-
(Continued)
(In thousands of dollars)
area and housitg - (Continusd)
I^oaotion of water transportation - (Ccntlnxied)
Postal service
Qity develoinent and facllitlea
Public enterprise funds
Intragovemwntal funds
P. 0. Dept.
Housing and Rone Finance Agency— Office of Adainlstrator
Treasury Departaent, Coast Guard
Supply TixA
Yard fund
Postal
find
2,150
a2it,ueo
1
Cash In banka, on hand, and In tranalt
FiBld balances with the U. S. Treaaury
Public facil- Public works
ity loans
pTamli^
B7 prograa
2i/
Ufban
renewal
129,986
^,395
370
l.,385
59,11.1>
Inreslsiients
Public debt securities (per value)
Securities of wholly owned Govt, enterprleee.
tjbamortlzed premlun, or discount (-).•...•...
..•
•
Other securitlea (net)
Advances to contractors and agents:
.......
agencies...
•
Govemnent
Others
..........•.....••.•••.
Inventorlee.
Less: Allowance for losses
Accounts and other receivables:
Goverment agencies .••.•...•..•••••••••*.
Othere (net )
Loans receivable:
Govemnent agencies. • .•.•.•.•••.•••>•.••••.*•
Others
Less: Allowance for losses
••
Acquired security or collateral (i»t)
Land, structxnvs, and equiiment,. ...... ..••••••
Less: AccuDulated depreciation
Other assets (net)
Total assets ...•.....•
•
,.•...•..
7oe
6
3,816
I.,
685
38
659
8,7092s/
1214
at, 965
19
23,868
27
778
1.0,0U
1,1.63
11,559
"•,277
691,691. 22/
101,972
100
35
105
6,976
l't,339
1,007,321.
581
U39
131
350
179,267
397
98,1.70
11,1.86
LlABILITrB
Accounts and other payables:
Govemnent agenc les
,.......-•••
Othere
Advances frcn:
,,........•....
GoTenment agencies
Others
Trust and deposit liabilities:
•
Govemckent agencies
Others
B<xidB, debentures, and notes payable:
Govemnent agencies ...........•.>•>•••••
Othere:
Guaranteed by the mited Statea
Hot gtairanteed by the UUted States....
All other llabilltiOB (including reserves).
1.36
3't,915
3,880
18
31
8,019
132,678
588
31,808
2lt8
5,167
1,019
Total llabllitlee
681
l,u£
386,703
HET raVESMHlT
Private Interest:
••••
•
Capital stock
Accuiulated i»t Inccms, or deficit {-).
Total private interest
•
United States interest:
Interest-bearing investment:
Capital stock
Borrowli«8 frcn the U. s. Treasury
Other
Horilnterest-bearlnB investment:
-•••
Capital stock
..,,..,.........«••••••••••
Approprlaticns
(net)
aeeets
of
Capitalisation
•"
Other
.-•
Acctmulated i»t incone, or deficit (-)
revenues (-)
tvKi.
special
and
general
Deposits of
Total United states interest
Total liabilities and investaent
AHAgsis 0? iHvroniHrr o? tsz larrg) staies
Inveetmint of the IWted Statee.
Acoimulated net incoje, or deficit (-)
Including
Total tavostment of the Ohlted States
interagency Itens
Interagency items:
Ih» frcn Govenment ageiKles (-)
I>ue tx> Goven^nt agencies
Total inveetjaent of the DBlted States after
exclusim of interagency Itaofl
rootnotas at and of Table 6.
k8,000
500
5,888
9,011*
68
157
5,957
1.70,805
^^,
596,1.31 22/
11,500
38
117,000
-38
-67,6*7
-Jil.8,615
-105
-11.
9,17g
620,621
395
11,1.86
l'>,339
397
•.,1.66
6,976
1,007,321.
1,069,236
500
38
9,011.
k,500
5,888
68
-i. 1.8,615
-105
-Ik
-38
157
5,957
9,172
620,621
395
-691
581
-125
",259
-25,667
-27
l«,93l.
1
5,6I»7
13,306
637.B88
369
(Cootlnnsd on following page)
I.
,1.86
97,3»
"96>70"
165,000
-67.6k7
97,353
>36
k,ka6
97.709
,
1^
Treasury Ballet n
FINANCIAL STATEMHfTS OF BUSINESS-TYPE ACTIVTriES,
Table 2.- Statements of Financial Condition of Public foterprlse Funds and Intragovemmental
Funds of the United States Government, June 30» 1056 - (Continued)
(In thouaande of dollars)
erce and houBlx^
-
(Continued) - Public «nterprl8« funds
Other aids to housing
Public housing program
Houslne and Boae Finance
Agencj - (Continued)
Office of
Public HousAdjBlni atrator
ing Adnlnlsf Continued! 267 tr.atlQP
Housing and Hoae Finance Agency
Veterans' Ad
Blnlstratlon
Direct loans
to Teterans
Off. of Adalnistrator
College
loans
Fed. Natl. Mortgage Assoc.
Liquidating Mansgeoient
programs 23/
Special aeet.
fuDctlona
ASSBTS
Caah in bankB, cc hand, and In txmslt
Find balancea vlth the 0. S. 'QreBaury
68
29,862
57
180,277
3,781.
1,U81.
197
2U,212
1.73
Inrealaieotfl:
Public debt eecurltleB (par Talus)
Securities of vholljr cwned Oort. enterprlaea... ..
Ikiamortlzed prenduB, or discount (-)
Other securities (net),..
AdTsncea to contractors and agents:
Gorerment agencies
•
Others
«..
•...•.•.••
•
Inrentorles •...•.•.•...••••••..••••••.•..••..•••«••
Leas: Alltwance far loeees
Accounts and other receivables:
Goremnent agenclee .....,......••.
•...•...
Others (net )
•
Loans recelTsble:
Goremient sgencles.
•...••••••••••..•...
Others
Lses: Allowance for losses
•
•
Acquired security or collatenvl (net),.,... •.••••.
Land, atructuree, and equipment....,,,
.....,,,
Lass:
Accixmilated depreciation...., ,,...•
,,
Other assets (net)
Total as Bet«. ..,.,.,...,., .•.•....,,,•,,,, ,,...,.,,
11,060
108
576
6e
U7
715
26,528
2,008
lilili
998
l',''73
10,763
90,090
728
1.33,270
112,5611
155,629
3,l6U
U23
2,1.95,571
277
W5
63, oak
9 28/
263,0111
383
25,256
208
20
1.72,727
2,5*7,1.211
l6,05l»
137,183
6ll.,U06
U7,069
3"»3
U,79''
1,201
61
20,601.
28,696
6,310
3
2,1.91.
7,575
2,639
30,15*
305,631
57
1.27
2,637
UO
LIABILITUB
Accomte snd other pajables:
GoTerment agencies, , .,,,•..,,.,.. ...,.,,,
,
Others
AdTances trans
GoTemnent agencies..
,.,,,.,...,.......,..
Others
Trust and deposit liabilities:
57
.,
Goremnent sgenc ies
....,.,,
.,.,.,.,.•.
Othsrs
•
B<iidjB, debentures, and notes pajable:
GoremBent agonciaa
...,......*,,,,,,,.,...,
Others:
Guaranteed b7 the Uilted Statee
,.,,,
Hot guaranteed by the Uilted States
All other liabilities (including reserrss)
570,371.
57
Total liabilltiee
Wg
52
U
2,061
It20
186
31,llli
u,5ei>
1,389
38,000
581,163
U6,112
1.87
87^
629,21.6
5,281
IBYEJWHfr
PrlTato Interest:
Capital stock
•
AccuBuIated net Incone, or deficit (-)
Total prirate Interest..,..
•
,,,.,...........,
united States interest:
Interest-bearing InrestBsnt:
Capital stock
Borrovlngs frm the U. S. Treasury
Other
HcDlnteraat-bearlng Inrestaent:
Capital stock
Appivju latlooa ........... ..*•,.,.*,,.,•,•,.,..
Capltallxaticn of assets (net)
Other
,.,..
Accmulated net Inccne, or deficit (-),
Deposits of general and special fund rsrenues (-)
1,000
363,683
238, U28
97 22/
-97
1,607,373
270,1.79
-k33
31.0,6*5
eoe,882
U5,679
6ll>,U06
U7,069
61.1,111
581,163
U6,112
-366,59*
21,719
602 ,8&
21,719
27'»,517
57
305,631
97
-97
Total inrestmsnt of the Ibitsd States including
Interagency Iteae ............,...,.,,,,-.,,..,.,.*
27*, 517
InteT^ency Itoae:
Due frcn Govemnent agencies (-).••.•••.,..•,*•
Due to Qov e limaent aganciea,..,,,,,,,,*,,, .,.,.-•-
57
-117
3*3
*,79*
1,201
57
27*. 7*3
607,676
U6,880
Total liabilitiss and Inrsstasnt
21.6
1,069,761 iO/
-366,59k
Total Ibited States Interest
1,859,538
58,639
189
1.67,1.1.6
1,918,178
1.35
*72,727
2,5l.7,l«li
UkO
-*33
808,091
-3*0,6*5
1,859,538
58,639
2*6
189
U5,679
*67,**6
1,918,178
*35
-823
61
-37,588
20,656
*66,68*
1,901,2*6
AHApsis or jiragMarr of tsl tmno) state
•*,
Inreslaont of the Ubited States
Acoxaulated net inocne, or deficit (-),,..,,,.,,.,,
Total inTsstnant of the Doited States after
excluaicn of interagency item
Footnotes at snd of Table 6.
(Continusd on following psgs)
*37
,
:
1,
December 1956
75
FINANCIAL STATEMEMTS OF BUSINESS-TYPE ACTIVITIES.
Table 2.- StatementB of Financial Condition of Public Bnterprlee Funds and Intragovemmental
Funds of the United States Government, June 30, 1956 - (Continued)
(In thouaaadB of dollara)
CoMMTca and hoiMlag
Othsr aids to
taoualiig -
(Continued)
Federal Bone Loan Bank Board
BevolTlng
fund
A3SgrS
Cash in baoks, on hand, and In transit
FiVid balances with the U. S. I^asury
90
1,032
317
IirreB^nonte i
Public debt securltleB (par value)
Securities of vhoUy ovned Govt, enterprlsee.
Uiamortlzed premlita, or discount (-)
Other securitleo (net)..,
Mrances to contractotre cuad agents:
Gorermient agenc lee
••.•...••••••••••
Othex*8
-1,1U0
••.«•
>
Znrentorles
Less: Allowance for losses
Acooimta and other recelrables:
Govemnent agencies .•......«
Others (net)
•
Loans recelrable:
agencies
Garexniient
256,690
71
8
......•.•
•
lU
8,U36
•
•
61.1
•
Ot^rs
Less: Allowance for losses
Acquired security or collateral (net)
Land, structures, and equipment
Less : AccmrulAted depreclatlGii
Other assete (net)
•
Bio
7U
7k
•••••
7
Total assete
LIABUJTIBS
Accounta and other payables:
Goremnent agencies
Others
Advances fraa:
Gorerrsnent agencies
/
Others
Trust and deposit liabilities:
GoveriBiient agencies.
Others
Bonds, debentures, and notes payable:
GoTextBoent agencies.....**** ••<•••••••
Others:
Guaranteed by the Itolted States
Hot ginranteed by the Ikiited States..**
All other liabilities (including reserres).
8
12
12,078
12,138
Total Uabilitiee
NKP IHVE3IMEST
Private interest:
Capital stock
Accxmulated net
••••
inc<«iie,
or deficit (-).
Total private interest
•
Uhlted States interest:
Interest -bearing Investaent:
Capital stock
Borrowii^s flxm the U. S. Treasury
Other
Honlnterest-beartng lnveetanent
•••
•..*•
Capital stock
•*...*••
Appropriations
Capltalltatlon of assets (net)
Other
5^,8U7
•
;••
Accitaulated not Inccne, or deficit (-)
196,^76
^
Depoelte of general and special fund revenues (-J
253,323
Total United States interest
Total liabilities and Inveslaeat,
265,»»61
.
AHAiysis OF iHyroiMBrr OF TBz mmg) arAiES
InvestiMnt of the ttilted States.*...*.
..**•
AcouBUlated net Inooae, or deficit (-)
Total investanent of the ttaited States including
interagency itene
Interagency items:
••
Due fron Governnent agenolea (-)..*.
••
Ihio to Govemoent agencies
Total investment of the ttelted States after
exclusion of interagency Items
5J*,81.7
198,U76
253,323
-3
23
253,3'»3
3^
EOLC
(llquldatel)
(Continued)
-
(Coptlnued)
Other aide to buelneee
Public enterprlae funde
Fed. SaT. and
Loan Ine. Corp.
-
T
General
Servicee
Adalnletratlon ^1/
Interior
Departnent
M
Snail BuBlnnes Malnlatratlon
OperetloDs
SdbII dereoM)
plaotB actlTitles
76
Treasury Bulletut
FINAHCIAL Sr/aHKOnS OF BUSmESS-TTPE ACTIVrriBS.
Table 2.- Statewents of Financial Condition of Public Bnterprise Funds and Intragove
Funds of the United States Government, Jime 30, 1056 - (Continued)
(In thouB&nds of dollars)
tal
.
:
.
December 19%
77
FINANCIAL STATEMENTS OF BUSINESS-TYPE ACTTVTriES.
Table 2.- Statements of Financial Ck>ndltlon of Public Enterprise Funds and Intragovernmental
Funds of the United States Government, June 30, 1956 - (Continued)
(In thousands of dollars)
Other aids to business
Public enterprise funds
Defense
Amy
Dept.
-
CoBmerce and housing
-
(Continued)
Beg. com. & fin.
(Continued)
production guarantees
Havy
Dept.
-
-
(Cont.
General Services Adoln.
(Continued)
Intragovt
ClTll defeiue
Public enterprise funds
erce Dept. Health, Education, Federal Civil
and Welfare
Defense Admin,
i8/
fmd Dept. il/
Workli«
capital
Tress. Dept,
Office of the
Secretary yj/
Asans
banks, on hand, and In tavnsl^****..*...,,.
Fvnd balances vltfa Vbe U. S, Tir^aBurj
Caata In
1
2,5ll0
6,878
3,6ltU
178
31
676
•,171
123
Inrestaaanta
Public debt securities (par Talue)
Securities of vhoUj <wned Gcrrt. entarprlaea. . , .
Itiamortlzed pmalun, or discount (-)
Other securities (net),.,.....,. ..,.«. ••,,..•,,,,
AdTazuee to contractors and agonta:
Goremnent egenc les. •.••••••••••. .....•••.•.....•
OUlers
•••
•
Inventories • ••.••••••••••••••••••••••••••••
Lass: All<wanoe for losses
••
Accounts and othar recelTableat
GoTerzment ageoclas ••••..•.•••••••.•.•••••••••..«
Others (net)
•••••••.•••.•••....
•
Loans receivable;
GorenBBnt e^encles .•...•,•.•••.•••...•.•...••..•
50
99
185
3,301
Otiiers
1,5''7
295
33
1,5*7
2,638
1,963
Allowance for losses.. ...... •...•..••...
Acquired security or coUateral (net). ...•...••....
Land, structures, and equlpnent.. ..................
Less: Accwmlated de|ireclatloo
Other aaseta (net)
Leas:
170
71
753
1,103
66
13''
87
188
153
322
1
5,8l»6
Total assets
160
ItOO
9,516
3,677
7,261.
2,090
2.261.
21
2,261.
21
LIABILITIES
Accounts and other payables:
Gonremnent agencies
..••..••
Others
Advances fron:
GcTenansnt ageooles...... .......•.•.........••••
Othan
1,000
2,375
1,000
2,375
•
Trust and deposit liabilities:
•
Goranment agencies
Others
Bonds, dab«nttn<es, and notes payable:
Goremaent sganclea
Others:
Guaranteed by the Uilted Statea
Hot g\xu-anteed by the Oil ted States
All other liabilities (InoludlDg reserres)
Total liabilities
Bgr UIVJfcUMHIT
Private Interest;
Capital stock. .•...••..•.•••.•*...........••*..•
Aocmmlatod net InsaiB, or deficit (-)
Total prlvata Intoreat
•....••
united Statas Interest;
Interest-bearing Investaeot:
Capital stock
BorrovU^s fron the U. S. Treasury
Other
Honlnterost-bearlng Investaont:
Capital stock
Approprlatlcns
Capltallxatlcn of aasata (net)
•••
Other
Acowulated nat Inoooa, or deficit (-)
Depoelts of general and special fl«id revettieB (-)
1,930
l>,81i6
AHAgsis OF iimBaiHrr of vbb
muB)
3,t>77
251
7,11*1
3,677
600
781
5,000
2,06a
7,261.
2,090
5,000
1,930
138
5,000
2,068
5,8W
9,516
3.677
753
1,103
3W
k.ah6
7,1'>1
3,677
251
200
581
k.8k6
T,!"*!
3,677
600
781
aiuoB
Inveslaont of the Dblted States
Accunilatad not Inooae, or deficit (-)
Total InVBBtaent of the ttjltod States Including
Interagency lt«HB
•
Inter^ency It^u:
Due frcM GovanMsnt aganolas (-).....•••...•.•-••
Due to Govanmont agencies..
1,000
2,375
Total lnvBsU»ent of the Oilbed Statas after
exclusion of Interagency Itans .,..........*••.-•••
5,8*6
9,516
ftootnotas at end of Table 6.
138
581
7,11*1
Total united Statea Intsrest
Total llaMlltlas «pd Inrastaent
5,000
100
2lt8
-1,5*7
2.26k
-235
3,677
(Ccntlnnsd on folXovlng pass)
365
781
5.717
2,090
:
)
7S
Treasurij Bulletin
FINANCIAL STATEMENTS OF BUSINKSS-TYPE ACTIVTriES.
Table 2.- Statements of Financial Condition of Public ^terprlse Funds and Intragovernmental
Funds of the United States Government, June 30, 1066 - (Continued)
(In thousands of dollars)
Cc^nerce and
housing - (Coot.)
Disaster loans
Pub. ent.
fmd
aaall Business
Admlnl s t re 1 1 on
kO/
General gorertaent
Public enterprise funds
General Serrices Admin.
Public
buildings
Ul/
Lafajrotte
Bld^
Interior Depu-taent
Office of Territories
Loana
ii/
virgin IslanlB Corp
Treasury Departaent
Bur. of Accomts Treaa. of U.
OoTemaent
loaaee
In shlpoent
ASSETS
7
150
Cash in baoke, on hand, and In transit.,
Find balances vlth the U. S. Ibreasury
1
56J.
211>
39
15X
-159
158
21.
158
21.
iJXToetiBente
Public debt securities (par valiie)
Securities of vhoUy ovned Govt, enterprises
Ikiamortlzed premlto, or discount (-)
Other securities (net)
Advances to contractore and agents:
Gorenment agencies
Others
lorentorlas
Less: Allowance for losses
Accounts and other receirables:
GoTBranent agencies
Others ( net
Loans recelTable:
Goremnont agencies
Others
Leea: Allowance for losses
Acquired security or collAteral (net)
Land, structures, and equipment
Less: Accumilated depreclatlcn
Other assets (net)
1,577
••
6
55
96
177
18
9,262
1,167
353
36
21
8,380
Total assets
5,925
1,537
359
583
UO
5OI1
6,673
LIABILITIES
Accounts and other pajablea:
Govemnent agencies....*
Others
AdTanoee fraa:
GoreniBent egencles
Others
Trust and deposit liabilities:
Garemoent agenc les
Others
Bcods, debentures, and notes payable:
GoTernaent agencies
Others:
Guaranteed by the Ualted States
Hot guaranteed by the Uilted States
All other liabilities (including reserres)
91
36
198
60
58
.•
••
Total liabilities
Prlrate interest:
Capital stock.
AccuQuIated net Incaae, or deficit (-)
38
18
181.
18
188
19
1.76
16
«««.
Total pa-lTate Interest
United States Interest:
Interest-bearing inrestaent:
Capital stock
•
BoTTOvlngs frcn the U. S. Treasury
Other
Ron Interest -bearing Ixirestznenti
Capital stock
Approprlatlcns
•
Capltalixatlcn of assets (net)
Other
Accxaoulated net Inccne, or deficit (-)
Deposits of general and special fund revenues (-)
Total United States Interest
Total liabilities and Inveetaent
9,125
5.969
500
iit/
770
6oe
50
-562
9e
-75*
-a6
6,197
lllO
Zk
158
2k
-933
565
39
8,l9e
565
39
501.
8,380
583
liO
5OI1
500
6,759
-933
565
39
U
-56e
89k
-75*
50
-26
8,196
565
39
50U
6,197
IbO
a*
IkO
2k
AHAEfSIS OF mVEgiMHfr OF TSZ qilTKD STATSS
9,125
Invesliaent of the Uitted States
AcoxDulated net lno<iae, or deficit (-)
•
Total Inreetaient of the United States including
Interagency Itens
Interagency itens:
Due frcn Goverment agencies (-)
Due to Goremnient agencies
Total inrestmsnt of the Iftilted States after
exclusion of Interagency Items
Footnotes at sod of Table 6.
-8
-96
91
36
8,275
565
39
(Continued on folloirli^ pa0s)
50k
6,137
S.
Check forger?
Inauraoce ftand
December [956
79
FINANCIAL STAriMHWS OF BUSINESS-TYPE ACTTVITrES.
Table 2.- Statements of Financial Condition of Public Bnterprlse Funds and Intragovemmental
Funds of the United States Governnient, June 30, 1956 - (Continued)
(In thousands of dollars)
General gorenBent
-
(Continued)
Intra^oTemnental funds
General Serrlcee AdAlnlstratloo
ClTll Serrlce
CcBnleslon
loreetlgatlons
Buildings
management
fund
Construction
serrlcea,
public bldgs.
105
Cash In banks, on hand, and In transit
Pwul balances with the U. S. Treasury
3,5l»5
6,1.52
51
1.78
17
1
5,302
962
9,'>37
318
LeglslatlTe Branch Treasury Dept.
GoTenment
General
Bupplj
fund
Working
capital
fund
U51
6,675
130
11,61.7
5,''97
30,211l
50
18,258
6,959
52
25,793
73
1
12,672
1,358
153
5,260
1,806
166
75
25,680
9,588
Printing
Office
Bureau of
BograTli^ and
Printing
70
XiiVBStmants l
Public debt eecurltlee (par Talu»)
Securities of vholly cwned Govt, enterprises.
Iftiamortized premlun, or discount (-)•....«...
Other securities (net)
AdTazkces to contractors and agents:
Gorernaiont agenc ies. •.•.••.••••.. ••..>•.•>•••
Otllera
•
•
InrentorieB
•
less: AU(»rance for losses. .•.•.•.••••••••••
Accounts and other recelvablss:
Goremnent agencies ..•.•••.•....•..•••«••••.
Others (net).....
Loans receivable:
Gorenmsnt agencies
Others
Less: Allowance for losses........ ........
,...
Aoqulrsd security or collateral (net)
Land, struot\n«s, and equipment...... ..........
Less: Accusulated depreciatico. .............
Other assets (net)
165
".51
2W
2,835
1,029
31
3
30,320
5,611.
1.2
372
58,870
36,81.1.
3_
23,317
1.59
66,71.7
31.6
22
52U
1,1.55
8,771.
159
33
U,356
2
58
lU
5l»0
25
5,101.
2,319
5,2lt3
Total asasts
133
7
liABILlTIBS
Accounts and other payables:
Governnent agencies
.......••.....•
Others
Advances frcm:
..••>•••
.............
agencies.
Goremment
Others
Trust and deposit liabilities:
Gcremaent agencies
Others
Bci^s, debentures, and notes payable:
GoTemment agencies .............•.....*..
Others:
Guaranteed by the mitad States
Hot gi»u«nteed by the Ubited States....
All other liabilities (including rssorres).
9,1.66
922
677
30
628
1,290
22
Total liabilities
673
2,557
269
121
1,235
15,359
329
19,81.5
U.OOO
3,500
U,601
60
15
3,lgg
1,671
10,373
".,665
1,000
3,250
22,001
8,939
-10
NKT iMvitrJMjarr
Private interest:
Capital stock ......•...•.•••.....•.....
Accunulated iwt InctXDe, or deficit (-).
Total private interest
Otaited States interest:
Interest-bearing inveslJBont:
Capital stock
Borroifli«8 frcm the U. S. Treasury
Other
Boninterest-bearing invostnient:
Capital stock
...............-.•••
Appropriaticns.
Capitalization of assets (net)
'•'
Other
..•
Accuaulated net incaae, or deficit (-)
revenues (-)
fund
special
and
Deposits of gei»ral
Total united States Interest.
Total llabllltloa and inrBstBent,
ABAiaSIS or XHTEHMHn' OF TBE iBixeu giAflE
Inveslaent of the ttilted States
Accunulated net Inociae, or deficit (-)
Total InveBtment of the mlted States including
interagency Items
Interagency items:
DiB fron GovemBont agencies (-).......•
Dm to Governnent agencies.
Total investnent of the ttilted States after
exclusloi of interagency iteane....
Tbotnota
at and of Table 6.
•
7
-11.3
k,007
7,958
,000
1,388
1.1.
50
195
1.3
.519
3,978
129
1,515
129
1.6,903
ak?
1.8,1.97
JM79_
"S59~
«.7».7
TS5"
58,870
38,8U
21.5
W>,519
3,978
3'',
S.a'-S
23.317
u.ooo
8,101
7
-11.3
129
l,'^x5
1.6,903
2"»5
3">,179
7,958
129
k8,".97
ll,007
-9,'>53
l,lt»6
-133
2
-25,797
10,921
-73
17
-12,672
-96a
22
1,'.*9
-1,359
661
.oeg
32,027
199
37,27*
33 .Ml
-1.9
190
-10
"
so
Treasury Bulletn
FINANCIAL 3r/ffEMHrrS OF BUSINESS-TYPE ACTIYITIES,
Table 3.- Statevents of Financial Condition of Certain Other Activities
of the United States Government, June 30, 1956
(In thouaajade of dollars)
lnt«rDAtloQal affairs
and finance
Major natlooal Becurltj
Atcalc
Kn*rg7
Co^LlsaloD
General Serrlces
Adalnlatratlon
Deffloae
Departaent
Strategic aiid
critical BiaterlalB Departaent^
Mutual
security
Loan
pro-am
Labor and
welfare
Treasury
Departaent
Miscellaneous
loans and certain other assets
SslectlTS
Serrice
System
AaSBS
Cash Is banks, oo hanA, and in tranait..
rmd balances vlth tbs U. S. '&«asux7
17,358
17
2, 603, life
1, '15,736
1U,61'1
503
766,813
8.2iil'
5,132
Inreatemts:
Public debt securities (par rains)...
Securities of vtiolly cwned Gcrt. eotennrlses.....
UiasortlEed preailUB, or discount (-).....•.......
Other securities (net)
Mtsdoss to ccntj«otca?s and agantal
f^iilslllml
^enolss
305
20,57l4
Others
Iufaiilca!*lss •>•.••......*•....•.•••.••.....••...
51,871
7,355,996
10,635
LssBl ALIonnoe for losses.. ....................
Acoo\mts a3d other receirablssl
Gorenaent agenclea
Others (net)
Loane rsoelTBbls:
Gufsiiaent aganoles
..•.•...•.•...•••.•
Others
Least Allovanos for losses*. •.....•...•. ......
Aoqulred security or collateral (net)
Lend, strwturee, and equlpMllt.. ...... ............
Leaal
AocxnuXated depsvclatlOQ
Other aaaeta (nat)
8,865,506
97,130
925
15,253,2^2
1,380,020
933,928
Total assets
Ii0,7'i0,0l42
«...
•
3,Un,820 1/
3, '•77,895
131,756
3,515,013
16,501
28,718
1,5811,252
2,105
17
5,717,163
10,635
105,96li
10,801
2,007
12,99''
5,052
2,533
3, 251', 520
2/
l,885,l»61i
3,5:0,285
2,052
!t/
l',60l»
6,lt66,037
115
5,'>39
1,269,719
30'',''73
10>l
8,550,381
6,li97,621
ue
1,911,082
10,389,557
10,576
T.TAW TT.L 'I' IK
I
Accounts and other pajablesi
OoTsriBent agano las
•.••
Otbara
AdTanoes fr^t
....•.•.
G<TTenBsnt sgsocisa...... ...•...••.
Others
Trust and depoelt liabilities t
GcTsrment agenc les
Othsrs
Beads, debentures, and notes payable!
Gorsmwnt aganclea
Others:
Guaranteed by the Itilted States
Rot guaranteed by the ttilted Statea
All other llabiUtles (Including rsaerres)
Total llabllltlea
62,821.
21,31''
396,578
196,676
llO,U32
3l>,067
56,226
U,l<93
1,850
6
I8,2lt5
5,606
738
Ik ,577
1,''35
6
126,1415
756
686,356
227,757
Il0,ll32
3li,09li
2,593
Prirate Interaat:
Capital stock
Aociaulated net lAocne, or dsflolt (-)
Total prlrate interest..... ......................
united States Interestt
Interest-bearing Inrestaentl
Capital atock
frm the U. S. Traasury
Other
BcDlntersst-bearlng inrestaeatt
Capital stock
1,20^,8711
3,698,900
Boirravlngs
15,170,033
5,052
Appropa*laticxut (....•..•........•..........•
32,313,698
Capltallxation of aaaeta (net)
Other
Aociaiulated net Inocms, or deficit (-)...........
Deposits of geiKral and special fuid rsTsmiea (-)
8,1482,99-/
5,151,1>90
-8,32k,lt32
-1,268,966
-6,79^,756
-52,653
Total Ualted States interest
110,053,665
8,322 ,6ak
6,»63,5e7
Total liabilities sad Inresfent
*0,7*0,0ka
8,550,381
6,k97,6ei
148,378,118
15,117,380
-6,79*,756
6,1463,527
-8,3214,1432
W,053,6e5
8,322,6ek
6,1163,527
-152,331
-12,906
137,29''
-18,508
26,920
%0,038,6l49
8,331,036
6,li50,6ai
AIIABSI3 OF liWJEJUUgr 07 TBS
UnOD
10,263, k86
56,219
5,'i39
-k,60k
-26,6ll>
126,069
-53,676
1,670,6119
10,389,557
7.963
US
1,9U,08B
10,389,557
10,5T«>
BCfSB
Inrsstaent of the Tklted Statea
AeoiBulated nst inoose, or dsflolt (-)
Total Inrestasnt of the Itilted States including
..•.......•.-•
intsragency Iteaa
Interagency lt«as:
sganoisa
(-).•.•••••..••...•.
Oorement
Dub frcB
,..••.••..•.•••••
Due to Gorermant ageswles
Total inrestaant of the Qilted Statea aftar
eiclusidi of Interaganoy itoBs
Kwteotaa at «dA of Table 6.
692,590
6,1163,527
5,052
l,897,l>61i
10,263,1488
61,658
-l4,6ok
-26,6114
126,069
-53,676
U6
1,870,6*9
10,389,557
-105,96*
ko,k32
(Cootlnasd CO follovlns
p^s)
ue
1,911,082
738
10,283,573
e,T8i
.
December 19%
81
FINANCIAL STATEMERTS OF BUSINESS-TYPE ACTIVITIES.
Table 3.- Statements of Financial Condition of Certain Other Activities
of the United States Government, June 30, 1956 - (Continued)
(In thouasnda of dollars)
Labor and
welfare (Continued)
HEU
Deparlaaettt
2/
Cub
In banka, on hand, and In transit
a. S. 'Orvaany
Agriculture and
agricultural reeourcee
Agriculture Departaent
Faraera'
Bural
Hone
Electrification
Admlniatraticn AdjBlnlatration
7
17,867
ma iMlanasa with tha
natural reaourcas
Interloo: Bepartaent
682
7,131
Office of the Secretary
Southeaatem
Power Adalnlaaratlon
6li2
ImaatMita;
Fobllo dabt aaourltlea (par TaXna)
«..
Seotsltlaa of vhoU; oanad Oort. enterprlaea
ai^ntliad pnalia, or dlaoomt (-)
Otlwr aaourltlaa (nat)
MTanoas to oontxvotov* and agantat
O^AaXlMHlt a8OB0lOa««*a***a*«*,a«**a«**aa*B**aa tt
OtiMI«
Laaat
AlXoaaDoa for loaaaa
Southweatern
Pover Adalniatratlon
7,600
BonneTllle
Fooer Adalnlatratloo
Bureau of
Beclaaatioo
10
93,303
27,011
\
l8l
2
1
33
1102
22,780
5,580
5,9'il
970
10,228
6,
366,607
57,797
as
22,812
2,652
830
31,29'i
"13.065
3"i7.k2*
3,986
29,991
"105.702
3,oeli,98l
522
li26
127
I196
5,8311
12,626
235
,***•*•••••,****
ilcoovBXta aid otbaa* ratmlvablaai
riimil l—llt agOnoieaaaa aaaaaaa*aa*«a«**aaaa
OtlMra (Mt)
Loana raoalTablat
Q-IHnllBWIlt aganOlaa
••••a«a*aaa
OtlMra
Laaa; Allomnoa for loaaea
>
Aoqnlrad aaourlt^ or ooUataral (oat)
Landy ati'uutmva, and t^y^'^&BAmt^fmf »*»*••**•»»
aa
Laaai AconaUatad dBxa«clatlan
a
Othar aasata (nat)
Total aaaataa.aaaaaaa
191'
32
'3,539
587
6l48,U37
83,939
906
2,3'«5
2,262
1
119,603
761
2,391
Oil
29
Hi
2,U13,218
6,535
609
609
5ltO
2,5311 ,201
781
607,507
-6
55
igii
20
It27
69
25
2,6lli,171
mBHiTus
Aooomta and othar paTBhlaat
a...
OoraxiBwat i^anolaa
a
OtlMra
Adranoaa fr^t
a
Oorainaont agooclaa.a
•»,*
Otbara
dapoalt
llaMlltlaa:
Truat and
GCWmMOt aganO laa aaaaaaaaaaaaaaaaaaaaa-aaaaaaaa
Othara
B<nda, dabanturaa, and notaa paTabXai
GoTax^Bant agonolaa taft**»*af»»»*»»»»"»'»»'*
U,M7
810
1,169
2k5
7
1,996
735
150,798
2,3113,228
U06,U1.8
2li2,682
11,659
633
1,596
6,568
"109
Othan:
Onnntaad hf
tha tkltad Stataa
goarantead tv tha Oiltad Stataa
All othar llahllltlaa (Inoltdlng raaanaa)
ot
.a
Total UablllUaa
19><
2ll
135
i,9e»
106,503
157
5,293
9,321
U9.206
PrlTate Inta raat:
aaaa.aaaaaaaaaaaaaaacaaaaa
Capital StOOk
Aocianilatad nat Imxna, or daflolt (-)
Total jorlmta lateraat
OH tad
Statea Intaraatl
IntArest-baarlng lilliiiitlltl
Capital atook
Boorroolnga frcm tha O. Sa TraaeWT
Other
Ronlntsraat-twarlag Inrastaaotl
Capital atOOka.a
aaaaaa
Apinroprlatlcna a »999*f*'»»»»»'*»»"***'**'**"'*
Capitalisation of aaaata (nat)
•
Othar
.a.
AooianUatad net Inoona, or daflolt (-)
Dapoalta of general and apeclal fUQd rareaaaa (-)
id Im a a tjaant
gygjaigf of -ss anrg)
781
Total llahllltlae
-250,^31
-50,885
-1,559
605,511
2, 533. ''66
-139,3''6
3,203,060
90,002
171,266 2/
12 ,"177
1188,867
15,1126
"19,366
62,1189
-U.892
-219,768
3,829
211,698
396.380
^895,775
"105,702
3,0211,981
"1,950
15
-18U 6/
38,918
-39,670
20,976
211
2,926 2/
607,507
2,53'i,201
3,986
29,991
1/
llk,2li0
-692,70?
aiAiB
anted Btatea
teOUBUlated net InOOOaS, or deficit (-)aaaaaaaaaaaaa
Total inrealaant of the Oiltad Statea Including
•
Intezagenoy itoaa
Interagency Itana:
•»
aaaaaa
lea
(-)..
Due from GorerTMent ageno
.aaaa
Dub to OoTBuaent aganolas
Inraataeiit of the
Total Inreat^mt of the DBlted Statea after
axclualon of Interagency lt«B»
AmtDotaa at and of Tahla 6
-272
587
Total tsilted Statea Interaat
j«Anrsis or
U38,0U3
•
859
7W.,85e
2,5811,351
-50,385
12,'i77
333,891
62 ,"185
2,771,535
-139,3'>6
-35,089
38,918
12,221
-272
605,511
2,533,'>66
3,869
211,698
396,380
2,885,T75
587
-32
-1
300
-Tbl
6
"1.659
931
2.0P2
803
606,282
2;533.765
3,or«
29.328
397,3U
^Ba6.97>
587
(Ocntlnad on folXoalng paaa)
Uk,2kO
-8B3
-29
t
)
:
.
82
Treasury Bulletin
FIHAHCIAL SrxrEMHrrs OF BUSIRESS-TYra ACriVTTIES,
Table 3.- StatementB of Financial Condition of Certain Other Activities
of the United States Government, June 30, 1956 - (Continued)
(In ULousandfl of dollare)
Katural rveources
(Ccntlnued)
Stat* Dspartaent
Iiit«niAtlcci&l
BoundBry and
Wat«r Co^aaelon
Cc^aeroe and bouali^
Promotion of water
tranaportatloo
erce DepartiMnt
Marltlw
actlTltlae
Caah In bonka, oo hand, and Id tranalt
,
rmd balances wltb the U. S. Treaaul?
Inreataente
Public debt aecurltlee ( per ralue
Securltlea of vhoUj owned Oort. enterprleee . . .
qa—ui ired premlia, or discount (-)
Other eacurltlee (net)
MTancea to contractore and agents:
Coramaent agenc lea
Othara
Inrantorlee
.,.,,,
Lees: Allovance for loeeea
Accomte and other recelTables:
Ccrenaent agenciaa ...•.•..••.......•.......•,.,.
Otbere (net)
Loona recelTable:
Coreraaent agenclea
Others
Leas; Allovance for losses
Acquired eecurltj or collateral (net)
Land, etructuree, and equliaent
Lesa ; Acctaulated depreciation. ....•••
Other assets (net)
.........•••.•..
5.232
CoHuUty
deralosBent
and
facUltlea
2/
1,090
177,77^
General
BttgulAtloa
of coerce
and Induetxy
19/
3.681
goriii
General
Serrlceo
Adalnl B tra 1 1 on
u/
205
65,386
iimt
Traaam7
Department
Bureau
of the
Mint
3
1,910
305
75
11.7
1,6*0
18
6,15*
161
35,668
35
l8,lil.3
967
276,069
83,39W
273
63'>
U,226
62,U1.1
,
,
Total aaaets
19
22,73">
I.,6U,568 12/
3,080
1,120,667
".56
17,0k9
3, '•35
37,6Ul
10,63»
65.3">7
5,131,971
132
13'>,271
200,8I>0
81.,380
6,712
1,'>68,652
16,166
265
7.385
188
LIABIUTHS
Accowta and other payables:
Coreriaent a^enclea
Othera
AdTancee froa:
Corenaent agenciea
Others
Trust and deposit liabilities:
Coremaent agenclee
Othera
Bonds, debentures, and notes pajabls:
COT'iii iMiint ageoclee
Others:
Guaranteed bj the Dblted Statea
>ot guaranteed by the ttilted States
All other liabilities (lncludli« ressrrss)
Total liabilities
67
56,226
60
MS
555
3,218
2,278
113
1,651
5,897
''96
3.596
l'',933
1,75»
1,'>53,719
857
13,555
Sk
10,672
227
20l(,068
653
Hgr nvjcflngfT
PrlTate Interest:
Capital stock
AcciBulated net Incoae, or deficit (-}
Total prlTate Interest
Cblted States Interest:
Interest-bearing inrestaent:
Capital stock
BooTOvij^a frca the U. S. Treaaury
Other
oDlnterest-bearlng inresteent:
Capital stock
Appropriations.
Capitalilatloa of assets (net)
Other
AcciKulated net incoae, or deficit (-)...
Deposita of general and spscial fmd rerenues (-)
86,1.83
-10
213
-21,565
1,671,067
''7
3,070
'1,927,903 ii/
-1,586,707
Total Obi ted States interest
65,121
»,9e7,903
8I>,380
3,116
1,»53,719
1»,»12
Total llabUltlee and InrestMnt
65.3»7
5,131,971
»^380"
6,712
1,1.68,63a
16,166
86,686
-21,565
*,9e7,903
1,671,087
-1,586,707
3,U6
1,*53,719
U,l.l2
65,121
*, 927,903
8k, 380
3,116
1,*53,719
U,kl2
AMALTsis or jMYtarnaiFor the
mith) ncims
Inrestasnt of the Oil ted States
Acctaulated net incoae, or deficit (-)
Total inrestaent of the Halted States lncliidli«
interagency iteae
Interagency Iteae:
Doe froa Gorenaent agenciea (-).................
Doe to GoTenaent agencies
Total inrestaent of the IKiited States after
excluaioQ of Interagency iteae
Tootnotee at end of Table 6.
-12,866
-1.20
56,8W
65,121
"•,9ek,331
8k,380
6.33*
-1
kl7
3,218
1,1*0,853
i»,aa8
December 19%
83
FINANCIAL gPJfflMHTrS OF BUSINESS-TYra ACTIVTriES.
Table 4.- Statements of Financial Condition of Certain Deposit Funds
of the United States Government, June 30, 1956
{In thousands of dollara)
Fam
Credit
Adalnlatratlon
Banks
for
cooperatlvea
Federal Boi
Loan Bank
Board
Federal
Depoalt
Insurajfece
Gorporatloo
Federal
bcae
loan
iMnka
ASSKTS
Casb In banks, on hand, and In transit.. .......
Find balances vlth tlie U. S. Treasury.. ........
Investeents:
Plibllc debt eocurltles (per Talus)
Securities of vhoUy owned Govt, enterprises.
UQsmortleed premlun, or discount (-)..
Other securities (net)
AdTanoee to cODtrectoars and ^enta:
Croremnent agenc les. ............. .•••.••...•
••••
Others
•.•••.
Inrentorlee
•
Lass: AllcwBDoe fca* losses. ......... ..•••...
Acoounta and other recelTablea:
Gorermant l^eocies •.•.•.•.•.•...•.•....••.•.
Others (net)
Loans recelTabls:
•..••.•.•.•••••
Gu f oi inient agencies
Others
Leas: Allowanoe for losses...... •••.•••••
••.*•
Acquired security or coUateral (net)
Land, structures, and equlxiasnt. ...... ...••••••
•••.....
Less: AccuauXated depa«clatioD
•.....•..
Other assets (net)
•
•....••••.>
Total assets
•••
53,353
16,523
13,12'!
869
a,9'>a,8oit
5,700
-6,859
6,205
239
75
185
209
2,353
36,621
io,5oe
1,815,200
1.065.1*1
5.700
-2,(88
6,205
-5,060
75
17,3't5
185
3,308
l,5e't,733
3"»9,068
5,319
633
3,130
6,735
7.306
2,233
2,189
1.173 .k32
1>08
328
328
8,103
'>,619
2,905
579
11,560,360
ilk, we
l,822,k62
2.323.^50
«,537
3.286
1.003
36
507
12,027
10
159
lOk
739,835
1,000
1,000
1,079,790
135,Dt6
LlABUjnSS
Accounts and other pajablssi
..•.•.•.•.•••.••
Goremnent sgenc les
Others ,
AdTsnces frcD!
•
Gcremaent agencies..
Others
Trust and deposit liabilities:
•
•
Govemnent agenc les
....,.....*.•
Others
B<xidB, debenttnrvs, and notes pa^bXa:
GoTeirausnt agenciea .......••••*>...••>•
Others:
Guaranteed h? the ml ted States
Hot giBranteed by the Uiited States....
All other liabilities (inoluilng reserros).
3,322
Total liahilltiee.
HKT
739,615
151,550
310
130,937
928,2ko
3,899
l,972,7k'«
157.316
131.6W.
1,683.782
610,382
53,879
20,682
3.910
589.700
66l>,26l
2l>.598
639.669
l"i7,36l
H17.36I
1,775,996
85,178
1,983,357
232.539
1,690.816
11,560,360
kik.ue
I,aa2,k6e
1,775,996
85.178
1.690,818
1,923,357
232.539
1,690,818
-5.885
-185
mv^iMarr
Private interest:
••••
Capital stock
Accimulated Mt UucDS, or deficit (-).
Total private Interest..
Onlted States interest:
Interest-bearing invastnsnt:
•
•....
Capital atock
Borro>ili«e frca the U. S. Treasury
Other
Hoolnterest-bearing InvestBentl
••
Capital stock
Approprlatlcns......... ••...•.••••••••••"••••*•
(net)
aaaete
Capitaliiation of
Other
;••
•••
Accvnulated net inoODS, or deficit (- )..«
pevanusa (-)
f«i4
special
Depoelta of general and
Total United States interest
•
Total liabilities and ImaslaeDt
ABAPSis OF mrroaiBrr of -n^ nnrro ainns
Inveataent of the ttilted States.......
Accmilated net Inooae, or deficit (-)
Total Investioent of the Uilted States Including
intaregency itene
Interagency Itena:
•••.•
Ih» rran GoTerr»ent agenoiee (-)••••
•••"
I>i« to Govemnent agencies
after
Statea
Oilted
the
of
inrestnant
Total
exclusion of interagency lt«»B
1/
61
11.7,361
'i.'«36
1,921,906
distribution «"» !•
The eurplu. la not avalUbla by 1» for diridand
future deposit Insoranoa
conaider«l by the CorporaticB a. a pesarre for
'19.969
1,690,818 1/
-5,700
,296
IM
236.650
1,690.956
I.
a.323,>ao
to
Icasas anl related azpaases irtth rasjaot
leas than $500.
-5,700
Treasury Bulletin
&U-
FIMANCIAL STATSMENTS OF BUSINESS-TYPE ACTIVmES.
Table 5. -Statements of Financial Condition of Certain Trust Revolving Funds
of the United States Government, June 30, 1956
(In thousands of dollars)
)
:
December 19%
85
FINANCIAL STATIMEHTS OF BUSINESS-TYPE ACTIVTriES.
Table 5.- Statements of Financial Condition of Certain Trust Ftevolvlng Funds
of the United States Government, June 30, 1956 - (Continued)
{In tbouBande of dollaro
Defenae
Departnent
Amy
Department
Italted States
Soldiers* Home
revolving fund
TreaaW7
Justice Departoent
Department
Federal Prison
System
Coimnlesary
funds. Federal
prisons
Office of Allen Property
Allen ia*operty fund
World
War I
World
War 11
Hilllpplnes,
World War II
tklted State*
Coaat Guard
International
Ccannjted
ClalAs Settleiaent
ration Dees
Act, Title II, fund
funl
Assgrs
Cash In ban]ie, on hand, and In transit
Fund balances with the U. S. Treasury
Investments:
Public debt securities (par value)
Securities of wholly owned Govt, enterprises.
Ttiamortlzed premium, or discount (•)
Other securities (net)
Advances to contractors and agents:
Government agenc lee
Others
Inventories
less: Allowance for losses
Accounts and other receivables:
Government agenc les
Others (net)
Loans receivable:
Government agencies
Others
Less: Allowance for losses
Acquired security or collateral (net)
lAnd, structures, and equipment
Accumulated depreciation
Less:
Other assets (net)
125
2U
1,2U2
235
805
UO,725
3,21.2
Ik, 723
362
57,l>35
u
29
167
126
317
•S
3
119
U7
Total assets
6olt
58,2U0
566
566
8U.380
207
1,'.89
195,159
It, 700
i6,au
818
UABIUriES
Accounts and other payables:
Government agenc les
Others
Advances froa:
Government agencies
Others
Trust ai^ deposit liabilities:
Government agenc les
Others
Boods, debenturee, and notes payable:
Govenment agencies
Others
Guaranteed by the United States
Hot guaranteed by the United States...
All other liabilities (inclulli^ reserves)
l>2
62
56
17
1,273
1,290
71
Il2
58,2U0
193,869
U,630
16,169
56
Total liabilities
irar
325
325
XHVBSTMHTr
n^ist Interest:
l^lnclpal of fund....
Accumulated net Incom ,or deficit (-)
Total trust Interest.
1.1
50
12
5h8
52
51.8
58,2I»0
193.869
U,630
16,169
"193
6ol>
58,2U0
195,159
k.TOO
16,2U
818
States Interest:
Interest-bearing lirvestment:
Capl tal stock
Borrowings from the 0. S. Treasury
Other
Nonlnterest-bearlng Investment:
Capital stock
Appropriations
Capltalliatlon of assets (net)
Other
Accifflulated i»t Income, or deficit (-)
Deposits of general and special fund revenues (-
Iftllted
Total Ullted States Interest
Total liabilities and Investment.
1/
2/
Inclules unreallied purchase discounts anountlng to $7,265 thousand.
Inclviles transfers from States (net) of $33,270 thousand.
•
Lsas than $500.
g6
Treasury Bulletin
FINANCIAL STATEMHWS OF BUSINESS-TYPE ACnVITIES.
Table 6.
Gross Loans Outstanding, Excluding Interagency Loans,
June 30, 1956, Classified by Type of Loan
(In thouaando of dollars)
Public enterprlee funds aod
IntragareriBDentAl funds
l^iw of loan and lending ageoc;
To aid agriculture :
Loans to a^lcultural credit corporatlooa:
Federal Interawdlate credit banks
Loans to cooperative aeeoclatloos:
FaxTBers' Home Mmlnlstratlon
Federal Intermediate credit banks
Rural Electrification Administration
Crop, livestock, and coomodltj loans:
COBDodlty Credit Corporation
Dleaster loans, etc., revolving fund
Faroere' Home Administration
Virgin Islands Corporation
Storage facility and equipment loans:
Connodlty Credit Corporation
Farm mortgage loans:
Farmers* Home Administration
Farm tenant mortgage Insurance fund
Guaranteed loans held by lending agencies:
Conndlty Credit Corporation
Other loans:
Farmers' Home Administration
Total to aid agriculture
To aid boas owners:
Mortgage loans:
Federal National Mortgage Aaaoclatlon:
Management and liquidating functions
Special assistance functions
Housing and Home Finance Administrator:
Pevolvlng fund (liquidating programs)
Veterans' Mmlnlatratlcn:
Direct loans to veterans
Other loans:
Veterans' Administration:
Direct loans to veterans
Total to aid home owners
To aid Industry:
Loans to railroads:
Defense production expansion:
Treasury Deportment
Other purposes:
Reconstruction Finance Corporation (in
liquidation)
Treasury Department:
Miscellaneous loans and certain other asseta
Ship mortgage loans:
Conmerce Department:
Regular maritime activities
Other loans:
Defense production expansion:
Interior Department
Treasury Department
Defense production guarantees:
Air Force Department
Army Department
Navy Department
Other purposes:
Arqy Department:
Guaranteed loans (World War II)
Bousing and fiomp Finance Administrator:
Revolving fund (liquidating programs)
Inland Waterways Corporation
Reconstmctlon Finance Corporation (in
liquidation)
Snail Business Administration
^DAller War Plants Corporation (in llquldatloi)
Treasury Department:
Civil defense loans
Miscellaneous loans and certain other assets
Virgin Islands Corporation
Total to aid Industry
891, ink
Certain other actlTitlea
December 1956
87
FINANCIAL STATJMENTS OF BUSINESS-OTHE ACTIVmES.
Table 6.- Gross Loans Outstanding, Bxcluding Interagency Loans,
June 30, 1956, Classified by Type of Loan - (Continued)
(In thouBftnde of dollars)
Public enterprise funds and
intrsgovemoental funds
Type of loan and lending agency
Certain other activities
To aid States, Territories, etc.:
General Services Administration:
Public Works Administration (in liquidation).
Housing and Home Finance Administrator:
Fevolvlne fund (liquidating programs)
urban renewal fund
Inland Waterways Corporatl on
Public Housing Administration
Reconstruction Finance Corporation (in liquidation)
Treasury Department:
Miscellaneous loans and certain other assets.
Total to aid StAtee, Territories, etc
83,39''
•,275
liO.Oll
'',275
1*0,
OU
32
32
90,090
90,090
U,826
'.,166
1.,166
226,79''
139,23''
",927
'',927
36,1.86
36,1186
30,319
30,319
87,560
To aid financial institutions:
Loans to banks:
Reconstruction Finance Corporation (In liquidation)
Foreign loans:
Ousrenteed loans held by lendln;? agencies:
Export-Import Bank of Washington
Other loans:
Defense production expansion:
Export -Import Bank of Washington
Other purposes:
Commerce Department:
Regular maritime actlvltlee
Export-Import Bank of Washington:
Regular lending activities
Liquidation of certain RFC assets
International Cooperation Administration..
Treasury Department:
Miscellaneous loans and certain other
assets
Total foreign loans
55,055
55,055
2,6u,78o
2,611,780
33,196
33,196
l,885,''6l.
l,885,'t6i.
3,519,272
3,519,272
8,171,572
2,711,781
267
267
5,''59,791
Other loans:
Federal National Mortgage Association:
Management and liquidating functions
Health, Education, and Welfare Departnent:
Office of Education:
Loans to students
Housing and Home Finance Administrator:
•
College housing loans
Revolving fund (liquidating programs)
Interior Department:
Bureau of Indian Affairs:
Revolving fund for loana
Office of Territories:
Loans to private trading enterprises
Small Business Administration:
Lending operations
Liquidation of RFC disaster loane
Treaeury Department:
Mlscelleneous loans and certain other assets
Veterans' Administration:
Servlce.dlssbled veterans' insurance fund...
Soldiers' and sailors' civil relief
Vocational rehabilitation
Total other loane
112,56''
112,56''
8,983
8,983
7,716
7,716
353
353
33,802
9,262
33,802
9,262
2k9
2I«9
69
27
99
173,978
18,677,''35
Total loans
1/
Incl\«Jes certificates of interest.
587
587
69
27
99
173,1''2
836
9,8U,929
8,865,506
.
.
.
Treasury BalletM
82
FINANCIAL STATiMEKTS OF BUSINESS-TYPE ACTIVTriES.
Footnotes to Table 2
I
%
%
12/
20/
21/
»/
Si/
Defenae Mloerala Explorntloc Adnlds'tratlon.
Includes bulldlnge, etructures, aad facilities In procese of construction.
Flg'irea are a« of March 31, 1956, the latest available.
Discharge of Inveetaent guarantee llabllltlea.
MmlnlBtratlTc eipennee, foreign ai'l procuremente
Hental, URlntenance, and repair of quarters.
Soldiere' axid aallore' civil relief.
Service -dleabled Teterane* insurance fund.
Includee $36,U87 thousand guaranteed loamt held by lending agencies.
Pepresenta net accountability of the United States Govemment In
certain aeeeta and liabilities transferred from the Reconstruction
Finance Corporation, effective July 1, 195^Operation of comalseerles, narcotic hospitals.
Farm labor supply revolving fund.
Worlclng capital fund.
Office of the Secretary, working capital fund.
Fans tenant mortgage Insurance fund.
Includes guaranteed loans and certificates of Interest aggregating
$536,1*91 thousand vhlch are held by lending agenclen.
Continuing fund for eiLsrgency expenses. Fort Peck project, Montana.
Developoient and operation of hellim properties, Bureau of Mines.
Includes net accrued Interest of $8lU thousand on inveetfflent In power
facilities.
Consists of net inccne frcn power operations of $355,28? thousand and
net expense of nonrevenue -producing programs of $l66,6l6 thousand.
CoiT>6 of Engineers revolving f vaid
Federal ship mortgage Insurance fund.
Revolving f\aid.
2U/
%
2Tj
25/
22/
20/
36/
to/
s/
!ii/
Public facility loans, peyments to revolving fund and operatloos.
Figures are shown en an estimated basla.
Ccmnunlty disposal operations fund.
Management and liquidating functions.
Includes unrealized purchase dlacounte.
Represents capital transferred from the Atcalc Buergy Coomleelon.
Inclules assets transferred tc municipalities and Coverment sgenclea.
Abaca fiber program.
Office of Territories, Alaska railroad revolving fund.
Represents invested and donated capital.
Represents net Investnent of the Qtalted States Govemaent transferred
fron the Reconstruction Finance Corporation, effective July 1, 195^.
The surplus is considered by the Corporation as available for future
Insurance losses and related expenses with respect to Insxirod Instltutlona.
This Corporation Is In liquidation.
Social Security Administration, Bureau of Federal Credit Uhlons
operating fund.
Civil defense procureaent fund.
Civil defense loan program.
Liquidation of Reconstruction Finance Corporatioo disaster loans.
Costs of maintenance, repair, etc., of Ijqo-oveaents, public buildings.
Maintenance, etc., Lafayette Building, Washington, D. C, public
buildings.
Trust Territory of the Pacific Islands, loans to private trading
entei*prlees.
kk/
Includes $5,050 thousand advanced from a revolvli^ fund which has
been established by appropriations.
Lees than $500.
Footnotes to Table 3
^j
i/
Guaranteed loans (World War II).
Includee stock of the International Bank for Reconstruction and
Development amounting to $635,^^00 thousand and subacriptlon to
the Intematlcaal Monetary Fund amounting to $2,750,000 thousand.
Includes $1,000,000 thousand due under the agreement with Germany
signed February 27, 1953, and lend-lease and surplus property
balances due the Uhited States in the principal amount of
$2,20U,U22 thouaaod.
Includee loan to the U&ited Kingdom amounting to $3,519,272
thousand
Office of Education, loans to students (in liquidation).
Represents funds returned to the Itolted States Treasury from sale
of capital assets.
Represents Interest on Invested capital.
8/
2/
10/
11 /
12/
1 3/
,
•
Includes contributions In aid of construction and Interest capitalized during the construction period.
General Services Administration, Public Works Administration (in
liquidation).
Federal Coommications Commission.
Represents assets and liabilities of the General Services Administration, exclusive of trust and revolving funds, and strategic and
critical asterlals.
Includes vessels owned and under conetn>ctlon.
Represents net appropriations, capltallzstlon of assets, and accumulated net income or deficit. Figures representing each of the
three amounts are not available.
Lsss thsn $500.
.
December 1956
89
.CUMULATIVE TABIiE OF CONTENTS.
January through December 1956
Issue and pa^e number
1956
Jan.
>j
Fob.
Mar.
Apr.
May
June
Julj
Aug. Sept.
Reporting bases
Articles:
Treasury financing operatlcns.
Summary of Federal fiscal operations
Budget receipts and expenditures:
Becelpts by principal sources
Expenditures by major functions
Ejcpenditures for major national security
Expenditures for International affaire and finance...
"Other" expenditures
Expenditures by agencies
Expenditures by functions, fiscal years 1953 to date.
Trust account and other transactions:
Summary of trust account and other transactions
Trust account receipts
Trust and deposit fund account expenditures
Net Investment by Govenmient agencies In public debt securities
Net redemption or sale of obligations of Government agencies in
the market
,
Federal Old-Age and Survivors Insurance Trust Fund
Ihemployment Trust Fund
Railroad Retirement Account
National Service Life Insurance Fimd
Investments of specified trust accounts In public debt securities,
by Issues (latest date September 30, 1956)
5
5
6
7
8
9
10
11
11
9
10
,
U
>
11
Cash Income and outgo:
12
13
of cash deposits
of cash wlthdrwnils
of caah borrowing or repayment of borrowing
Federal ttovenment caah transactions with the public ....
Suninai7 of caah transactions through Treasurer's account
Derlvaticn of Federal receipts fraa the public, and reconcllatlon
to cash deposits In Treasurer's account
Derivation of Federal payments to the public, and reconcllatlon to
caah withdrawals fron Treasurer's account
Intragoveramental transactions
Accrued interest and other noncash expenditures
Derivation of Federal iBt caah debt transactions with the public,
aii reconciliation to transactions through Treasurer's account
Derivation
Derivation
Derivation
Sunnary of
II.
Ik
10
10
10
10
11.
11
12
12
17
11
12
12
15
16
16
13
17
Debt outstanding and Treasurer's account:
Statutory debt limitation
11
12
12
11
12
12
13
15
19
15
16
16
17
18
19
20
20
21
22
15
15
16
16
17
18
15
15
16
16
17
22
15
15
16
16
17
18
19
23
19
19
23
19
19
20
2ll
20
20
21.
20
20
22
26
22
22
26
22
22
23
27
23
23
15
15
16
16
17
18
•
......•
Sunnary of Federal securities
•••
Intereat-bearli^ public debt
accounts
Special Issues to U. S. Government Investanent
securities
Federal
on
rate
and
charge
Computed Interest
Treaaury holdings of securities laeued by Government agencies.
Status of the account of the Treasurer of the United States . .
10
10
15
15
15
16
16
11.
19
19
20
20
21
18
20
20
21
21
22
23
.
Debt operations:
securities
Maturity schedule of Interest-bearlne public marketable
issued by the 0. S. Coveniment
*
Offerings of Treasury bills
and
Offerings of marketable Issues of Treaaury bonds, notes,
• •
certificates of indebtedness
marketable
Allotments by investor classes on subscriptions for
Indebtedness..
of
issues of Treasury boiAs, notes, and certificates
notes,
Disposition of matured marketable Issues of Treasury bends,
and certificates of indebtedness
23
27
23
25
29
25
26
25
26
30
26
30
30
27
27
28
30
28
28
29
32
32
33
35
36
28
28
29
31
31
32
32
37
37
32
32
'
United States savings bonds:
Cxmulative sales and redemptlosiB by series
Sales and redemptions by periods, all series ccnblned
K
Sales and redeiqitlone by periods. Series E through
Redemptions of matured and unmatured tends
n""C.'JLlj'
canbineo.
H
and
E
Series
Sales and redemptions by denoalnatione ,
Sales by States, Series E and H ccmibined
26
26
27
29
31
33
31
3''
35
Treasury savings notes:
Omiulatlve sales and redempticna by series
cc«iblned.
Sales and redemptions by periods, all series
31
30
30
36
36
25
27
Oct.
Hot.
Treasury Bulletin
90
.CUMDLATrVE TABLE OF CONTENTS.
January through December 1056
-
(Continued)
TREASURY DEPARTMENT
FISCAL SERVICE. BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON 25, D.&
OFFICIAL BUSINESS
,-c-
^nt.
Treas.
U S TREASURY LIBRARV
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