Full text of Treasury Bulletin : December 1958
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
ROOM
ArrO
TREASURY
5023'
4 t959
DEPARTMENT^
II
LFBRARY
ROOM 5030
JUN
2 3 1972
TREASURY DEPARTMENT
TREASURY DEPARTMENT
FISCAL SERVICE. BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON
25, D.C.
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S
TAT
E S
SAVINGS
BONDS
MEASIUEY^
MmiLETm
DEGEMBER-iasa
UNITED STRTES TREPSURV DEPRRTMENT
OFFICE DF THE SECRETflRV
The Treasury Bulletin is for sale by the
Superintendent of Documents,
U. S. Government Printing Office, Washington 25, D. C.
Subscription per year $6.00 domestic, 07«5O foreign.
Single copy price varies.
,
December 1958
Table of Contents
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Budget receipts and expenditures
2
Trust account and other transactions
g
Cash income and outgo
12
Account of the Treasurer of the United States....
IS
Debt outstanding
20
,
Statutory debt limitation
2h
Debt operations
25
United States savings bonds
,
37
Ownership of Federal securities
4-1
Treasury survey of ownership of Federal
securities
\\-t
Market quotations on Treasury securities
h"]
Average yields of long-term bonds
50
Internal revenue collections
52
Monetary statistics
56
Capital movements
60
Corporations and certain other business-type
activities - statements of financial condition..
72
Cviraulative table of contents
Note:
lOS
Where calculations have been made from unrounded
figures, the details may not check to the totals
shown.
Treasury Bulletin
Reporting Bases
Data on reoelpte, axpeadltures, and debt which appear in the
The dally statement on the new basis was first Issued for
195**.
I" ^« deposits and withdrawals as ehown, no
Treasury Bulletin" are baaed largely on two Treasury financial
February 17,
tlM "Dally Statement of the United States Treasury" and
the "Monthly Statement of Receipts and Expenditures of the
United States Qovemment. " Certain monetary statistics are based
at leaat In part on the 'Circulation Statement of United States
Money." Where these statements are given as sources for individual tables, they are cited by name only. Their respective
distinction le made as to the type of accounts (budget, trust,
etc. ).
The deposits are on the basis of certificates of deposit
reports,
For other data In the
Bulletin, Information on sources or reporting bases Is given In
connection with the tables themselves.
reporting bases are described below.
cleared throu^ the account of the Treasurer of the United States.
Total withdrawals are on the baele of checks p*ld or cash disbursements made out of the Treaaurer'e account. Some of the
withdrawal claselflcatlone shown are reported on the baele of
mailed reports of oheoke Issued and are adjusted by means of
clearing accounts to the total of checks paid. Except for
relatively minor amounts, noncash Interfund and other Intragovernmental transactions are excluded.
The public debt figures
The ncnthly statement of receipts and expenditures was first
In the dally statement also are on a "clearance" basis, with the
published for February 195^, and replaced the dally statement as
the primary source of Information on budget results and other
exception of those Issuance and retirement transactions reported
Noncash
on the basis of telegrams from Federal Ressrvo Banks.
debt transactions are Included, however.
and expenditure data olasolfled by typo of account.
the dally statement was changed to a statement
of cash deposits and withdrawals affecting the account of the
Both publications have provided
Treaeurer of the United States.
comparative figures on their respective bases from the beginning
receipt
At the same tine,
of the fiscal year 1953.
Tbe announcement of February 17,
195**^.
with respect to these reporting changes may be found in the
April l^^k iseue of the. Bulletin.
The dally statement before February I7, 195^. covered not
only transactions cleared through the Treasurer's account but
also certain Qovemment agency transactions which were handled
through commercial bank accounts, and included noncash Interfund
and other intragovernmental transactions. It provided InformatloD
similar to that In the present dally statement with reepeot to tha
status of the Treasurer's account,
The monthly statement shows all receipts and expenditures
of the Qovemment, Including those made from ceieh accounts held
outelde the United States Treasury. The Information le complied
from reports by the Treaeurer of the United States and by all
other collecting and disbursing agencies. Including those agencies
which maintain oheolElng accounts In commercial banks. These
reports cover transactions recorded In the accounts of the
agencies during the reporting period. The net of the transactions as compiled from these reports le reconciled In the
monthly atateraent to ohemges In the balance In the Treaeurer 's
account and In cash held outelde the Treasurer's account and
changes in the public debt outstanding.
Receipts of taxes and customs duties are reported on a
collections basis. Other receipts Eire reported partially on a
collections basis and partlallyona deposits basis. Expenditures,
except Interest on the public debt, are reported on the basis of
checks Issued or caeh payments made by disbursing offloers.
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 Is In-
cluded on an accrual basis beginning with figures for June I955
and the fiscal year 1955. Prior to that, It was included on a
The same reporting baele as that In the
due and payable basis.
monthly statement provides the flecal year figures for the
Treasury's "Combined Statement of Receipts, Expenditures and
Balances of the United States Oovemment" and for actual receipts
and expenditures In the "Budget of the United States CJovernment
.
and slmllfur to that In the
dally statement with respect to debt
Reoelpte and
Issuance, retirement, and amount outstanding.
present
end-of-month
expenditures, however, were claeelfled by type of account, and
the budget results shown In the dally statement were used as the
basis for reflecting the results under the President's budget
program ae enacted by the Congress.
Receipts were on the basis of deposits ae they cleared the
Treasurer's account. Expenditures cleared through the Treasurer's
account were reported on two succeeelve bases. Through 19^*6 they
were on the basis of checks paid by the Treasurer of the United
States.
Beginning with ig**-?, expenditures made through the
facilities of the Treasury Department's Division of Disbursement
prin-
were on the basis of checks Issued, while certain otnere,
cipally those of the Department of Defense and Its predecessor
organizations, were on the basis of checks paid. Transactions
handled through commercial bank accounts, oonslstlng of market
transactions In public debt and guaranteed securities, were as
Interest on the public debt was inreported by the agencies.
cluded on a due and payable basis beginning with November 19*^
and on a checks-paid basis prior to that time.
The circulation statement reflects transactions through the
Treasurer's account which affect monetary stocks of gold and
silver and the amounts of coin and currency In the money supply
of the country.
It le Issued later than the dally statement,
however, and the figures are based on transactions ooneumoiated
during the reporting period even though some may not have
cleared the Treasurer's account during that period.
December 1958
K-\
Treasury Financing Operations
The new Treasury oertifloatee of indebtedness.
Exchange Offering and New Bill Cycle
In Its program to achieve a more orderly
Series E-I959, bear interest from December
scheduling of Its short-term debt maturities two
rate of 3-3/S percent per annum,
further steps were announced by the Treasury Depart-
annual baeie on May I5 and at maturity on November
ment on November 13.
15.
The first was the offering to holders of 59.833
million of
3-3A percent certificates
maturing December
1,
of indebtedness
195S, and the holders of $2,362
million of 2-1/2 percent Treasury bonds maturing
December 15, 195S, the opportunity to exchange any
1959-
1 at
the
payable on a semi-
The new Treasury notes, Series B-I96I,
bear interest from December 1 at the rate of 3-5/S
percent per annum, payable on a semiannual basis
on May 15 and November I5, 1959. and thereafter on
May 15 and November 15 in each year until the principal amount becomes payable on May 15. 196I.
singly
Both the new certificates and notes were Issued
The new securities are a 3-3/S
percent 11-1/2 month certificate due November I5,
In bearer form only, and In denominations of $1,000,
1959. Issued at a price of 99.95 percent of face
value, to yield 3. '+3 percent and a 3-5/S percent
2-year 5-1/2 month note due May I5, 196I, Issued
and $500,000,000.
of these holdings for either refunding Issue,
or In combination.
at a price of 99-7/S percent of face value,
to
$5,000,
$10,000, $100,000, $1,000,000,
$100,000,000,
"With the completion of this financing,"
the announcement stated,
"over SO percent of
195S.
outstanding Treasury marketable securities
The subscription books were open from November 19
through November 21.
maturing within the nert ten years excluding
regular Treasury bills and tax anticipation
securities) will fall due In February, May,
yield 3.6g percent.
Both are dated December
1,
Subscriptions accepted for the new issues
(
August, or November. For some time, the Treasury
totaled $11,737 million, leaving $411^ million to
Results of the exchange offering
be paid in cash.
has been working toward scheduling its maturitieB
are shown in the accompanying table.
times each year its financing will interfere with
on these quarterly dates to reduce the number of
Treasury Bulletin
Treasury Financing Operations
even distribution of the amounts of certificates
maturing on each of the four quarterly dates,
practicable, the 'roll-over' of the Treasury
debt maturing within one year. The amount out-
standing at a given time will tend to vary
considerably, depending on the liquidity needs
of the economy and on the ability of the Treasury
to extend the debt. The composition of the short-
term debt, however.
Influences to a degree the
(Continued)
13-week Treasury bills to the 13-week and 26-week
The announcement stated,
cycle.
"On Thursday. December
"Another Important debt management objective,
from the standpoint of marketing techniques,
Is to place on a routine basis, so far as
-
k-,
195S,
the Treas-
ury will Invite tenders for $1.6 billion, or
thereabouts, of 91-day Treasury bills, and
iO.k billion, or thereabouts, of lS2-day Treas-
ury bills, to be Issued on a discount basis
under competitive and noncompetitive bidding.
Tenders for both series will be received on
Monday, December g, 195S. The bills of both
series will be dated December 11, 195S. and
will mature March 12, 1959.
and June 11, 1959,
amount of market disturbance occasioned by refinancing, and also affects Treasury borrowing
respectively.
costs.
"The Treasury expects to Issue both 15week and 26-week Treasury bills each week,
"As the second step In Its program to
achieve a better composition of the short-term
debt," the Treasury also announced that It
although both the aggregate amount of bills and
the relative proportion of 13-week and 26-weelt
bills may be varied from week to week. It is
plane "a rearrangement of the structure of Its
weekly bill maturities. Accordingly, on December 11, 195S, the Treasury will Inaugurate a
presently contemplated that by the end of the
first 13 weeks under the new program the aggregate amount of Treasury bills outstanding will
program to move gradually over the next 6 months
After this
be increased by $2.6 billion.
additional cash is raised, the aggregate amount
from the present cycle of 13-week bills {^23
billion total ) to a new cycle which will Include
both 13-week and 26-week bills ($26.0 billion
Full details of the program will be
total).
announced during the week preceding the offering.
"The shift of part of the volume of Treasury
bills outstanding to a 26-week cycle will enable
certain corporations and other investors to meet
their requirements for a regular bill which la
longer than the present 13-week maturity. In
the course of the transition to the new cycle
of Treasury bills,
a total of 32.6 billion of
new money will be raised during the next three
months, thus meeting more than half of the
Treasury's anticipated cash borrowing needs of
JU - 4-1/2 billion through March 1959.
Increases
In the amount of outstanding bills under this
program, together with continuing efforts to
extend the debt should permit a reduction in
,
Treasury certificates of indebtedness outstanding over the period ahead, so that the
overall volume of short-term debt would not
is
expected to be $1.6 billion."
Tax Anticipation Bills Offered
Earlier, on November 7. 1* "as announced that
the Treasury Department on November 10 would invite
tenders for $3 billion, or thereabouts, of 2l4^-day
Treasury tax anticipation bills to raise cash for
current requirements. The tenders were opened on
November 14-; the bills were dated November 20, I95S,
and will mature June 22, 1959.
They will be accepted
at face value in payment of income and profits taxes
due June 15, 1959; to the extent they are not pre-
sented for this purpose the face amount will be pay-
able without Interest at maturity. Payment of
accepted tenders at the prices offered were required to be completed in cash or other immediately
available funds on November 20, provided however,
that any qualified depositary was permitted to make
payment by credit in its Treasury tax and loan
aooount for Treasury bills allotted to it for itself
and its customers up to any amount for which it was
qualified in excess of existing deposits.
De increased."
New Cycle of 13-Week and 26-Week Bills
On December
of the two weekly Issues of bills to be offered
1,
further details were announced
of the program to move gradually from the cycle of
Tenders were accepted In the amount at
|2,997
million at the average rate of discount of 2.999
percent. Noncompetitive tenders for Jl+OO, 000 or
.
December i95S
*-3
Treasury Financing Operations
-
(Continued)
I
million were accepted
September 11 having an increase of $100 million over
In full at the average price of accepted competitive
the maturity, making a total of $1 billion provided
bids and are Included In the total of accepted
tenders
of bills was on a uniform weekly basis of $1.S
November Bills Inoreaeed
November
1688 In the aggregate of
$7"*^?
in cash.
At the close of November the 13-week cycle
billion outstanding.
New iseuee of weekly Treasury bills totaled
$7.2 billion in November, refunding $7,0 billion
bills maturing and providing $200 million in cash.
The new issues were for $1.3 billion each; the first
two maturities were for $1.7 billion each and the
last two for $1.S billion each.
The issue of Nov-
ember 13 was the tenth in the period beginning
Details of Treasury market financing operations are
shown elsewhere In this Issue of the "Treasury
Bulletin," In the tables on "Offerings," "Allotments,"
6 and 20
The 91-<lay Issues dated
refunded gi-day maturities; the
92-day issue for November 13 refunded a 91-day
maturity; and the new 90-day issue dated November
28
refunded a 92-day maturity. The average rates of
discount on the new issues were 2.i>h<) percent for
6; 2. 77'*' percent for November 13; 2.876
percent for November 20; and 2.723 percent for
November 28.
November
and "Disposition," respectively, of marketable Issues
of bonds, notes, and certificates of Indebtedness, and
In the table "Offerings of Treasury Bills."
..
.
.
.
December 1958
SUMMARY OF FEDERAL FISCAL OPERATIONS
(In milllone of dollare)
Budget receipts and expenditures
Net
receipts
i/
Expenditures
2/
Surplus,
or
deficit
(-)
Net of
trust
account
and other
traneactlon.0
Net
Increase
Clearing In
account, public
etc.
debt, or
decrease
y
2/
levels, end of period
Net
Increase In
Treasurer's
account
balance , or
decrease (-)
Debt outstanding
Treasurer*
account
balance
Public
debt
Guaranteed
securities
Total
Federal
securities
90
258,376
252,366
252,798
257,377
255,251
257,491
251,542
252,028
256,652
254,567
258,507
265,522
270,790
273,915
272,361
{-)
Subject to
limitation
5/
Fiscal yeara:
751.
-1,103
8,^19
-2914
-1,8U
-I195
-3,122
"•7,568
39,032
33,069
39,507
39,617
I'll, 058
99
679
61,391
19't7
39,786
I9W
Ul,lt88
19^9
1950
1951
37,696
36,1' 95
3,510
555
-507
366
U83
-21U
-U,136
U78
U,587
-2,135
-1,1'62
2,0l»7
1,839
5,517
7,357
258,286
252,292
252,770
257,357
255,222
-UOl
-250
3.883
6,966
5,189
3,115
-1,623
-388
-2,299
2,096
-551
331
6,969
4,670
6,766
6,216
6,5U6
259,105
266,071
271,260
274,374
272,751
46
74
259,151
266,123
271,341
274,418
272,825
-956
5,590
l',159
9,71.9
270,527
276,343
107
101
270,634
276,444
270,188
276,013
256,981
252,854
257,160
256,731
259,461
256,127
252,057
256,413
256,026
258,794
266,821
274,671
278,256
280,348
276,276
1952.
1953.
195^.
i955.
1956.
65,1' 08
-li,017
ll*7
61., 825
7U,27'^
-9, '•'•9
'•35
6U,655
60,390
68,165
67,772
-3,117
61»,570
66,5'»0
-11,180
328
231
1,626
-191*
28U
522
1957.
1958.
71,029
69,117
69, '•33
195
-523
71,936
1,596
-2,819
633
530
-2,2aU
5,816
1959 (B8t.)..
67,000
79,223
-12,223
-517
33''
6,657
-5,7''9
'•0,389
37,955
35,623
2,l»3lt
199
-2,249
-It, 100
1,111
37,51l^
'•1,106
-3,592
231.
'',331
''71
37,306
52,979
37,728
56,337
87
-1'23
-l'it7
-3,358
-350
-229
-502
311
815
-21.0
Uo,86U
-106
2,711
62
61i,W^0
70,68-^
-5,81'2
-1.1
63,8Ul
61,171
63,358
T';,997
101
739
-259
1,770
-1,U88
61',85i'
-9,157
-3,683
-2,771
3,779
-319
-209
Calendar years:
19^7
19^8
19^9
1950
1951
1952.
1953.
195lt.
1955.
1956.
70,99"'
1957.
1957-Jan...
Feb
March,
.
.
66,129
67,216
5,2l'l
-1'22
6,064
4,577
5,180
4,545
4,427
267,391
275,168
278,750
280,769
276,628
54
76
103
267,445
275,244
278,784
280,822
276,731
275,006
274,564
30
24
42
4,606
274,898
1107
-399
UO
-1,271
-1,162
58U
3,265
3,849
7,673
276,229
276,269
107
109
109
276,335
276,378
275,108
275,882
275,926
274,657
5,532
5,840
5,590
274,008
275,234
270,527
103
103
107
274,111
275,337
270,634
273,662
274,889
270,188
-1,286
1*6
5,153
-222
'',256
5,987
5,9W'
6,279
-1,731
-662
5,1'09
-325
-15
-3,290
-802
1,559
-19
96
162
116
229
-131
163
27'^,999
53
-991
1,226
-2, 142
-'•,707
-250
253
1,9'^2
-1,115
-21.7
11.9
1,376
567
2, ''36
4,475
4,898
7,335
272,469
273,845
274,412
107
109
115
272,575
273,954
274,527
272,131
273,511
274,085
35''
-3l'5
''15
679
151
-3,028
558
-259
4,307
4,865
4,606
274,067
274,747
274,898
103
104
104
274,170
274,850
275,002
273,730
274 ,4U
274,564
-1,101
888
1,682
3,505
4,394
6,076
274,555
274,679
272,624
101
274,656
274,782
272,728
274,219
274,346
272,294
2, ''33
1(12
595
691
-357
3,619
6,487
6,130
9,749
275,057
275,653
276,343
275,151
275,749
276,444
274,718
275,317
276,013
-4,630
1,2U9
-1,269
275,466
278,476
276,666
275,568
278,584
276,784
-565
5,119
6,368
5,099
4,534
275,139
278,156
276,356
279,897
3,057
5,128
7,225
6,3't7
Oct...
Nov...
Dec...
3,131
6,501
5,806
5,809
-3,370
-979
333
1.1.2
1''7
1.8
-601.
1958 -Jan...
Fob. .
March.
"•,786
6,011
5,528
-1,225
771
3,753
-65
533
-3'»3
338
-3UI.
121'
-273
257
-2,055
April.
May
June ..
3, '•96
-13
617
-169
10,785
137
-553
Juljr..
2, 9116
August
Sept
".,838
Oct.
2,769
21.7
3,82l»
34
333
70
-938
July..
Aug...
Sept..
7,208
81
55
179
5,7''3
6,122
5,8U6
6,621
-2,626
-920
6,613
6,198
6,633
-3,667
-1,361
575
-376
290
81.
-1.83
-200
166
-877
3,009
-1,810
7,1'^'^
-'•,376
-8U
350
3,5l'6
"•.Ifilt
256,900
252,800
257,130
256,708
259,419
-1,730
6,095
"•,925
3,097
4,208
4,679
4,232
4,295
104
603
-635
-117
2,019
5,282
11,688
.
283,000
22l^
6,188
10,737
5,7'^9
81
44
-l',ll'l
i.,809
6,299
9,501
52
-3'.
1,092
5,956
73
27
20
29
?76
-21
592
'•,827
3, '•70
267
71,692
5,930
5,667
-1(05
3,308
'•,932
7,973
7,777
3,582
72,281'
5,58U
-303
April.
May...
June.
.
-682
Source: Actual figures through the fiscal year 1952 and the calendar
year 1953 are from the dally Treasury statement, and thereafter In
each case they are from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases,
see page II); estimates are from the Midyear Review of the 1959
Budget, released September 11, 1958, Including effects of proposed
legislation. More detailed information vlth respect to the figures
on this page will be found In succeeding tables.
1/ Grose receipts less transfers of tax receipts to certain trust funds
(see page 2), and refunds of receipts.
2/ Transactions of the Foreign Economic Cooperation Trust FiAld, eatabllshed under Section 114 (f) of the Economic Cooperation Act of 1948
(62 Stat. 150), are consolidated with budget expenditures.
3/ Consists of transactions of trust and deposit funds, investmant by
Government agencies in public debt securities, and redemption or sale
of obligations of Government agencies in the market; excess of re-
I
-10,930
1,62U
-5,99'.
308
1*23
hj
^
280,2U
103
104
94
97
101
102
108
118
280,323
ceipts, or expenditures (-). For detail of content, see page 6.
For checks outstanding and telegraphic reports frcm Federal Reserve
Banks; public debt interest accrued and unpaid begljinlng with June
and the fiscal year 1955 (previously Included from November 1949
as Interest checks and coupons outstanding); also deposits in
transit and changes In cash held outside the Treasury and in certain
other accounts beglnnijig with the fiscal year 1954. Net Increase,
or decrease (-)
For current month detail, see section on "Statutory Debt Limitation"
In each issue of the Bulletin. The limitations in effect during the
period covered by this table and the date when each became effective
are as follows: $275 billion, on June 26, 1946; $28l billion, on
Ai«uat 28, 1954; $278 billion, on July 1, 1956; $275 billion, on
July 1, 1957; $280 billion, on February 26, 1958; and $288 billion,
on September 2, 1958 (temporary increase until June 30, 1959;
thereafter it will revert to $283 billion)
Not available.
Treasury Bulletin
-BUIGET RECEIPTS AND EXPENDITURES.
Table 1.- Recelpte by Principal Sources
(In
mllHons of dollara)
Internal revenue l/
SnploTiBent taxes
Inccme and profits taxes
Fiscal year
or month
IndlTlduAl
Corporation
Not
vlthheld
2/
Total
Incoae
and
profits
Withheld
2/i/
2lt,2l8
1951
1952
1953
195^
1955
21,523
18,265
1956
1957
1958
21,299
21,531
20,533
1959 (Est.)...
17,200
37,753
10,7''7
53,906
3,120
3,569
U,086
1,537
10,396
21,25li
''9,915
5,31*0
11,322 2/
12,3oe
11,528
21»,012 2/
56,633
60,560
59,102
6,337 2/
6,63U
57,200
8,287
981
3,953
2,000
3,519
313
955
632
U,060
U,702
9,570
658
1.76
2,792
792
6I1O
3,6llt
Juie. ,,..,
M>9
5,906
JvOj
Ai^ust...
September
U79
316
2,267
1,815
..
37I1
162
1959 to date...
3, '•36
2,359
April....,
Octobar.
51,3't7
5l>,363
26,728
27,0Ul
U86
Ua6
6,538
May
ijy
13,535
18,521
21,351
21,635
32,826
33,012
1958 -Jan uary .
February
March
?or old-age
and disability insurance
5,1''7
9,196
7,733
yor railroad retirement
2/
578
735
620
603
600
23"*
259
277
285
280
63U
616
575
600
17
70
5,1*25
91*5
10,011*
6,220
936
9,211
7
5
15
7
9 8/
51,106
65,635
70,171
70,300 8/
66,289
1,1*11
10,811*
333
9,220
1,515
10,689
78,629
269
385
1.302
680
112
105
11*3
860
7,fel
10,679
2
2
1
722
1,293
191
115
97
785
922
895
5,761
7,033
11,380
355
1,105
113
3,328
6,023
7,729
17
72
1
1
2,093
50l»
ItU
1
1,225
1,762
365
7,989
xi.m
2,239
3,1*76
9,1*23
9,726
10,825
Total
internal
reTenuo
1/
8,61*1*
771*
123
classified
2/
10,001*
338
1,032
1,195
ottaervlse
1,171
1,378
1,931
3,915
6,176
1,9'»1
258
3,931
I*, 562
U,983
Taxes not
Excise
taxes
2/
7,296
7,581
i'3
1,72'«
Estate
and gift
taxes 2/
Total
emploj nent jj
325
330
336
5
1,221
703
For unemployment
Inauranoe
IS'*
818
10,638 10/
75,109
80,172
79,978
i*,910
51.9
92
926
908
912
386
103
951*
3,205
2,396
1*03
3,700
20,281*
95
Deductions frcm budget receipts
Transfers of tax recelpte to
MlBoellaneouB
receipts
1/
Total
budget
receipts
551
613
562
606
1,639
l,8lU
1,865
2,311 8/
2,559
53,369
67,999
3,120
3,569
72,61*9
i*,oa6
73,173
l*,537
69,1*51*
5,01*0
1956.
1957.
705
3,006
751*
2,71*9
78,820
83,675
1958
800
3,196
83,971*
6,337
6,301
6,870
333
863
616
575
1959 (Est.
820
3,268
82,717
7,1*10
877
600
69
58
69
261*
5,21.3
277
36
277
7,756
11,182
81*8
107
19
78
559
73
1.3
April.
May...
68
6,039
621*
79
63
210
237
7,331*
Jtxie..
66
1*02
11,81*9
1,086
687
135
87
July
August. . .
September
72
221*
17
6,280
8,119
301
917
U50
37
67
75
115
72
October.
82
160
3,1*1*6
325
1959 to date.
295
890
21,U69
Fiscal year
or monlii
621*
1951.
1952.
19531951*.
1955.
1958-January
February.
March..
.
.
231*
3,621*
Federal DisaRailroad
bility Insurance Retirement
Trust Fund
Account
12/
TOASI
Trust
Fund
1,993
Refunds of receipts 15/
Hlghvaj
Trust
Fund
ill/
575
738
620
603
599
2/
17
70
51*
21*6
151.
2,082
2,275
3,095
15
18
17
9
9
6
3,31*5
3,1*00
20
22
11
U
3,653
23
1,1*79
3.891*
2,116
l*,l*13
20
18
631*
1*3
Total
refunds
Internal
Bevonue
l»,707
151
Ret
budget
receipts
December 1958
.BUDGET RECEIPl'S AND EXPENDITURES.
Footnotes to Table
i
1/
8/
2/
Through 1953 » contributions to the BaiLroad Unemployment Inaurance
Administration Fund were carried In the daily Treasury etatement ae
mlacellaneoua receipts, while the 1959 Budget document, Special
Analysis K, Includes them In employment taies through 1952. Beginning 195^ the contributions are credited direct to the trust account.
For amounts of the contributions Included In budget receipts, see
"Treasury Bulletin" for February 19^1*, page 7.
In the 1959 Budget document, Special Analysis K, Internal revenue
taxes not otherwise classified are Included In miscellaneous
receipts.
Beginning 1955, the figures shown reflect adjustments to correct
prior estimates (see footnote 11), in millions of dollars as follows:
Fiscal year
1
-
(Continued)
Treasury Bulletin
.
BUKJET RECEIPTS AND EXPENDITUEES
Table 2.- Expenditures by Agencies
(In millions of dollara)
Fiscal year
or month
Legislative
hrancli
7l»,27lt
1953
195^
67,772
1955
1956
1957
1958
61i,570
66,5liO
69,i»33
1959 (Est.)...
79,223 2/
yy
71,936
1958 -January..
February.
March
Judiciary
61
59
65
85
97
99
Executive
Office
of the
President
27
39
UU
5,7'»9
April
May
June
6,122
5,81*6
6,621 6/
October.
7,1^
10
11
9
26,589 6/
11,0311
8,9lt7
1
UltS
1
1
272
700
670
'','•73
It,
y
115
U,08l
673
1
3I1O
1
336
315
662
692
716
271
309
7U9
766
628
337
766
25
1,370
2,910
Justice
Department
Labor
Department
'153
It
16
ii3
Military
functions
1951..
1955.
1956.
1957.
639
733
2,61t5
820
3,079
3,1'.3
55
3,168
3,068
U2
3,205
53
3, 2 111
51
95
1958.
1959 (Eat.).
1.0,800
1958-January
February.
March
.
April
May
Jul)&
3,905
July
August.
September.
3,175
October.
3,817
.
1959 to date.
.
.
.
Interior
Department
587
535
515
512 2/
572
666
35,532
35,791
38,U39
39,062
3,21't
3,1.76
13,682
813
605
5^8
573
1*5
32
63
62
,2U6
1,063
1,000
1,077
1,293
-23
3,217
2,915
U,636
5,177
5.006
199
'',875
6115
"•35
1,500
6,872
853
36
31
32
71
263
It It
-it9
257
-15
3511
51
59
157
U9
-156
ltU9
5't
3'.
2U5
U87
55
51
't3
37
6U6
72
31
32
3't
37
530
803
4.3
50
711
85
2,690
275
385
132
156
i/^
562
76
Treasury Department
Health
Education,
and
Welfare
Department
1,920
1,981
1,993
2,071
2,295
'.3,611
'.0,336
1953.
Civil
functions
Commerce
Department
Agriculture
Department
-615
129 2/
39
39
37
Defense Departjuent
Fiscal year
or month
Housing
and Home
Finance
Agency
,107
6,1.73 1/
It62
6
10
12
1959 to date..
806
973
523
570
U25 8/
1
6,613
6,198
6,633
.
6,791
6,982 2/
7,707
8,305 1/
9
July
August.
September
.
6,905
60
U8
132
General
Services
Administration
5,782
5,282
,
6,011
5,526
. . .
Independent
offices
'',381
9
9
9
10
10
11
28
30
37
Funds
appropriated
to the
President
Post
Office
Department 10/
District
State
Department
of
On
public
debt n/
Coliaibla
On
12/
refunds
of taxes
659
271
6,501*
7't
798
39't
312
356
156
136
83
62
873
368 1/
216
6,382
6,370
6,787
51.
2 lit
It
171
183
182
300
355
12
13
22
22
26
1.12
1.63
11.2
18
567
518
67U
179
206
7,21*1.
229
7,607
57
7h
879
7U8 8/
765
71.2
2511
1,038
735
2UU
7,500
70
802
2lili
1.6
196
212
61
18
18
18
86
32
22
70
83
70
21
15
693
606
616
255
221
53
U8
55
117
67
28
61
20
2U
22
19
613
595
615
22
20
IC
52
61*2
76
8
112
21
21
571*
20
156
69
107
578
65
80
15
1
11.3
53
600
55
lt2
185
5U
2U6
2U2
21U
72
71
86
266
76
967
306
89
Actual figures are from the monthly statement of receipts and expenditures of the Government (for explanation of reporting bases, see
page II); eetijnates are from the Midyear Bevlew of the 1959 Budget,
released September 11, 1958, Including effects of proposed legislation.
Note:
Figures in this table are for agencies as conetltuted at the time
the expenditures were made, and therefore do not necessarily represent
functions which are comparable over a period of time. For expenditures
by functions on a consistent basis, see Table 1*.
l/ Peconstruction Finance Corporation is Included under "Independent
offices" through 195'., and under "Treasury Department" beginning 1955,
except functions transferred to Export-Import Bank, Federal National
Mortgage Association, General Services Administration, and anall
Business Administration. The corporation was aboliahed at the close
of June 30, 1957, by Reorganization Plan No. 1 of 1957, and its
remaining functions were transferred to the Housing and Home Finance
Adminlatrator, Administrator of General Services, Administrator of
anall Business Administration, and Secretary of the Treasury.
2/ Federal Home Loan Bank Board is included under "Housing and Home
Finance Agency" through 1955, and under "Independent offices"
thereafter.
i/ Beginning 1957, Federal aid for highways la excluded from budget
expenditures and included In trust account expenditures (see Table 1).
kj Effective January 1, 1957, the production credit corporations were
merged in the Federal Intermediate credit banks, pursuant to the
Farm Credit Act of 1956, approved July 26, 1956 (12 U.S.C. IO27J,
7lt
91
109
It6-,
Source:
^
6/
j/
8/
2/
10/
11/
12/
*
385
15
-8
111.
2,391.
I
25
35
55
59
61
77
62
98
23
275
21.
and operations of the merged agencies (as mixed-ownership corporations) were classified as trust enterprise funds (see "Trust Account
and Other Transactions," Table 3); previously the operations of the
banks and the corporations, respectively, were classified as public
enterprise funds and were included net in budget expenditures.
Alaska road construction is included under Interior Department
through 1956 and under Commerce Department beginning 1957Includes unclassified expenditure transfers until these have been
distributed In final fiscal year figures.
Figures for the fiscal year reflect the reclassification of the
Informational Media Guarantee Fund from "Funds appropriated to the
President" to "Independent offices"; the monthly figures prior to
April 1958 have not been revised accordingly
Effective July 1, 1957, remaining functions of the Federal Facilities
Corporation were transferred to General Services Administration from
the Treasury Department, by Executive Order 10720 of July 11, 1957.
Total includes $225 million allowance for contingencies.
Beginning 1955, consists of net expenditures of the Postal Fund,
reflecting the change in classification of Post Office transactions
to a public enterprise revolving fund basis.
Reported on an accrual basis effective June 30, 1955Consists of Federal payment and loans and advances.
Less than $500,000.
e
a
,
December 1958
.BUDGET RECEIPTS AND EXPENDITURES-
Table 3.- Summary of Appropriations and Authorizations, Expenditures, and Balances, by Agencies,
as of October 31, 1058
(In mllllona of dollara; oegatlTe flgurea are ttoduotlona In the
oolmna In vblcb thej appear)
Additions, fleoal year 1959 to date
Uiexpeoded
balance
brought
forward
JuUr 1, 1956
Agency
Increase
Appropriations
1/2/
LoglelatiTe Branch
The Judiciary
KlocutlTe Office of the Freaident
7\aid8 approprlatad to the Praaldent
Independent Offices
General Servlcea Administration
Housing and Heme Finance Agency
Agriculture Department
CuLuuerce Depertment
Defense Department:
Military functions
Civil functions
undistributed foreign transactions
Health, Bluoatlon, and Welfare DBpartmant
Interior Department
Justice Department
Labor Department
Poet Office Departsnent
State Department
Treasury Department
District of Colvmbla - Federal contribution and loana.
Uiclfisslfled expenditure transfers
Adjustment to monthly statement of receipts and
expenditures of t^e government
703
125
45
55
3,304
8,596
475
187
3,91i
973
32,085
286
40,901
857
91.5
2,545
3W.
25
713
173
3
,
55
5,895
,
,
,
,
Total
U,992
366
10,167
4,868
Author Itatlons
to expend
from debt
rooelpts U/
150
51
11
669
4
36
40,901
857
-1
24
628
U60
98
2,916
2,544
735
230
507
235
210
8,305
'»5
28
28
72,049
72,200
Sxpendlturee
(net)
830
Rescissions,
cancellations
and other
adjustments
1/
28
Ubujsed
Uidlsbursed
appropriations
154
32
85
1,359
2,910
132
156
2,690
275
7,400
8,314
706
297
1,612
1,227
39
16
73,1^7
97
Uiexpended balances October 31, 1958
25
53
3
74
authorisations to
expend f^m
debt receipts
mfunded
contract
authorisations
Investments
held
8/
215
1,146
39
210
85
7,840
17,775
706
10,186
6,757
1,436
32
8,123
5,106
334
621
59,497
897
59,497
897
U4
193
2,690
5,739
50
2,789
90,351
25.584
-203
-203
2
2,520
695
165
668
311
24
Total 2/
61
439
9,127
13,489
246
203
967
306
89
467
385
2,522
80
775
165
668
3U
193
8,528
50
82/
26,589
Source: Bureau of Accounts. Details for the current fiscal year to date
are shown in the monthly Bureau of Accounts report "Appropriations and
Other Authorizations, Expenditures and Ubexpended Balances".
1/ Includes same categories as shown for unexpended balances at the end
of the current period.
2/ Although not expended, a substantial portion of these amounts is
obligated for outstanding purchase orders and contracts for equipment and supplies, for payrolls, and for similar items.
Includes reappropriations.
4/ Consists of authorizations by law for Govenment-owned enterprises
to borrow (1) from the Treasury (to expend from public debt receipts),
or (2) from the public (to expend from debt receipts).
Consists of new contract authorizations, established by law for the
cukrent fiscal year, net of current appropriations to liquidate either
current or prior con1a*act authorizations.
159
6/
2/
^
^
108
45
55
3,304
8,746
475
249
4,584
1,009
230
507
235
210
8,305
Agency
Total
u
-17
Deductions, fiscal
year 1959 to date
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President
Independent Offices
General Services Administration
Housing and Heme Finance Agency
Agriculture Department
Cdmoerce Department
Defense Department;
Military fmctionB
Civil functions
undistributed foreign transactions
Health, Blucatlon, and Welfare Department
Interior De pertment
Justice Department
Labor Department
Post Office Department
State Department
Treasury Department
District of Colvmbla - pvsderal contribution and loans.
Unclassified expenditure transfers
Adjustment to monthly statement of receipts and
expenditures of the goverimient
Transfers,
borrowinga,
inreatoents
6/
Other
authorl tations
8/
2/
•
1,537
955
118,426
Consists of transfers between approiO'iations; net borrowings from,
or repayments to (-), the Treasury and the public under authority
to expend ffom debt receipts; and net investment in, or sale of
(-), public debt securities end certain guaranteed securities
Issued by Government enterprises.
Consists of transfers to, or restorations from (-), the surplus
fund; rescissions, cancellations, or adjustments of borrowing
authority and contract authority; capital transfers to miscellaneous receipts; and other adjustments.
Public debt securities and certain guaranteed securities issued
by Government enterprises.
This adjustment represents the difference between the monthly
statement figures (based on preliminary reports) and the final
accounts submitted by disbursing officers.
Loss than $500,000.
Treasury Bulletin
.BUDGET KECEIPTS AND EXPENDITURES.
Table 4.- Expenditures and Balances by Functions
(riecal years; Id nlLHona of dollari)
1959 thro;^ Octolier
Function
code
ttkaxpendad
1956
1955
195^
1957
1958 p
Sxpenditures
Disalier
balAncea and
of period
1/
Major national aecurlty:
Direction and coordination of defense
Air Force defense
Aray de fense
Naval defense
Other central defense actlTitles
DBTelopaent and control of atcoic energy
Stoolcpllii^ and defense production expansion
Mutual defense assistance:
Military aseistanoe
De fense support
051
052
053
05U
055
056
057
058
Total major national security
International affairs and finance:
Conduct of forel^ affaire
Economic and technical developiuent 2/
Foreign information and exchange activities
151
152
153
Total International affairs and finance
Veterans' services and benefits:
Veterans' education and training jl/
Other veterans' readjustment benefits k/
Veterans' ccnpensatlon and pensions
Veterans' insurance and servicemen's Indemnities
Veterans' hospitals and medical care
Other veterans' services and adminiatraticn
101
loe
103
lOU
105
106
Total veterans' services and benefits
13
14
14
16
16,U07
8,899
9,733
16,749
8,702
9,744
582
1,651
588
16,363
9,063
10,396
602
1,990
490
18,430
9,041
10,677
651
2,275
625
41
6,457
3,097
3,845
252
847
171
2,161
671
735
292
211
212
213
211*
215
216
217
Total labor and welfare
Agriculture and agricultural resources:
Stabilization of farm prices and farm Income
Financing fann ownership and operation 2/ 6/
Financing rural electrification and telephones
Conservation and development 2/
Research, and otiler agricultural servloea 2/
Total agriculture and agricultural resources
^
developnent of land and water
developaent of forest reaouroea
development of mineral resources....
develO[liient of fish and wildlife....
of natural resources
surveys and administration
351
352
itSl
1,857
l,0li5
9I1I1
3,629
967
2,292
2,611
1,''63
1,184
2,352
1,143
"•7,872
U2,069
41,825
44,414
44,968
15,737
130
5U3
121
U98
100
120
431
111
157
91
542
133
174
912
147
106
390
46
765
719
662
632
1,234
541
5U6
158
66I1
1,078
123
774
126
57
T27
176
2,796
105
768
176
2,870
47
601
175
790
75
3,104
43
655
157
,'•57
4,756
4,793
5, 026
400
1,558
469
456
1,797
546
300
87
2,1182
150
2,661
100
782
186
U,256
Labor and welfare:
Labor and manpover
Public assistance
Promotion of public health
Promotion of education
Promotion of science, research, libraries, and museums
Correctional and penal inatitutions
Other welfare services and adJ&lniatration
natural resources:
Conservation and
Conservation and
Conservation and
Conaervation and
Recreational use
General resource
12
15,668
12,910
11,293
uje
1,895
It
767
277
328
l,'t39
.,'•28
290
273
275
32't
475
1,457
351
279
33
53
56
26
1U7
28
115
31
126
71
32
147
2,1*85
2,552
2,776
1,669
256
217
290
3,946
231
217
305
215
3,5U
3,334
227 1/
267
351
227
269
297
447
274
2,030
66
4,582 1/
4,620
2,557
'•,'^U
4,913
1,056
117
37
38
935
925
1,138
162
62
51
59
174
59
38
60
69
44
1,296
1,543
li05
33
•3
35
1*09
35
3'^
803
136
36
45
44
35
1,315
1,202
1,104
370
586
3'^9
420
783
Total natural resources
97
46
1,505
150
itOii
229
3,381
2U
1(03
414
633
2,966
355
U02
14
318
Ht.
1,699
14
72
35^*
koi
53
156
34
3,508
236
20k
286
177
353
165
U8
37
105
269
97
2,567
405
84
29
24
40
22
"S04~
Camnerce and housing:
Promotion of water tranapartatlcn
Provision of highways
Pronotion of aviaticn
Postal service
Community develoxoent and facilities 2/ ifi/
Public housing programs 11/
Other aids to housing 9/~12/
Other aids to business 13/1''/
Begulatlon of ccmnnerce and finance
Civil defense
Disaster insurance, loans, and relief 15/
511
512
513
275
51l>
312
515
516
517
518
519
520
521
37
647
253
356
56
•JtOl
-115
-142
270
31
19
-330
JjOU
-83
'»5
36
41
60
112
56
251
463
4
365
40 8/
295
518
49
60
-60
59
45
63
21
1
12
8llt
1,502
2,028
601
602
U9
29
60
31
38
90
40
603
60k
12
12
12
itU9
'•31
475
155
164
115
164
334
Total cGonerce and housing
43_
1,453 8/
392
31
404
675
78
52
195
140
49
64
5_
2,085
128
16
184
385
31
40
105
44
22
22
-1
976
General government:
Legislative f\aictlons
Judicial functions
£zecutlve direction and management
Federal financial management
General property and records management
Central personnel management and elq)loyment costs....
Civilian weather services
Protective services and alien control
Territories and possessions, and District of Colunbia
Other general government
Total general government
Footnotes at end of table.
605
606
607
606
609
610
U
93
26
160
53
213
1,239
77
476
194
627
38
187
31
44
6
502
240
140
25
34
157
188
67
74
139
69
236
51
73
19
1,201
1,629
1,789
1,353
(Continued on following page)
39
199
IB
4
200
94
30
18
77
41
22
533
18,453
.
December 19^8
.BUDGBT RECEIPTS AND ETPENDITUEKS
Table 4.- Expenditures and Balances by Functions
(riscal jears; In mlUloDe of dollare)
-
(Continued)
Treasury Bulletin
.TRUST ACCOURT AHS OTEKR TRAHSACTIOHS.
Table 1.- Summary of Trust Account and Other Transactions
(Id nilllona of dollare)
71eoal year
Net recelptB, or
expendltureB (-),
from trust account
and other traneactlooe
1951
679
1952
1953
195^
1955
l'»7
Trust and deposit fund accounts
Net sale, or InTeetaent
Net receipts, or
expenditures (-)
(-), by
BecelptB
3,852
3,855
3,760
2,386
991 1/
1>35
328
231
Bxpendlturvs
l.,952
5,169
6,769
8,5'»5
1956
1957
1958
-19''
2,250
1,U09
262
11,685
9,''35
195
633
111,369
16,329
12,959
16,068
1959 («»t.)...
-517
-763
17,38U
-65
338
-831
-273
-^37
-13
-11.7
May
June
137
-553
768
July
August. . .,
September.
-376
9.
-200
-675
October..
-81.
1958 -January..
February.
March
April.
367
508
38U
-72
•25
-2,05't
-It
eoejy
-1,362 1/ 2/
1/
-2,617
-2,300
173
1,085
567
l8,lii7
U9B
-252
820
1,68U
1,127
1,651
1,317
1,56U
-171
6k
ll|2
1,331
2,131
2,069
l,l«79
279
-lU
1,363
1,561
-597
-332
-729
225
101
-3U
1,786
330
-31
l,ltl2
-I170
10
-5U
1,111
1,956
885
1,397
3U
-3
-572
1,025
1,597
519
-32
5^.3
Actual flguree through 1952 are frcn the daily Treasury statement and thereafter frcm the monthly statement of recelpte and expenditures of the Government (for explanation of reporting bases, see
page II); estimates are from the Midyear Feview of the 1959 Budget,
released September 11, 1958, including effects of proposed legislation.
under a revised classification In the monthly statement, effective
July 1, 1955, the security transactions of Government-sponsored
enterprises are Included in deposit fund account expenditures (net)
i/
In the
market
-19*7
Source:
l/
Ret sale , or redemption
(-), of securities of
Coremnent agencies
-3,557
-3,636
-3,301
3, 9^.5
7,796
8,807
8,969
9,155
9,536
GoTemnent
agencies in public debt
securities
and excluded from net Inveetnent tjy GoTemiuent agencies In public
debt eecurltlee (see Table h) and trca net redemption or sale of
obligations of GoTemment agencies in the market (eee Table ^).
Figures preTlouely published for the fiscal year 1955 hare been
revised to the new claeeiflcation basis.
Includes guaranteed Becurities beginning 1955 (eee Table k).
Table 2«- Trust Account Receipts
(In mllliona of dollars)
Federal Old-Age
and Survivors
Insurance Trust
Fund
Fiscal year
or month
1951
1952
1953
1955
y
Ballroad
Retirement
Account
tliemploy - National
Government
meat
TniBt
Fund
Life
1,5''2
3,932
678
850
'.,516
7l»2
1,591.
5,080
5,586
737
700
1,1.92
7,003
7,159
7,900
739
339
723
9U3
695
1,728
1,912
1,855
3,1.11
7,796
8,807
8,929
9,155
9,536
195''
Federal
Disability
Insurance
Trust Fund l/
1,61.3
1,''25
1958
11,685
1U,369
16,329
1959 (Kst.)...
17,38't
8,350
957
1,016
1,899
1958 -January..
February
March ....
820
3''1
1,681.
896
6lU
36
120
75
25
86
177
1*5
28
768
81.
20
96
,138
155
102
72
133
U05
155
1956
1957
April....
May
June
1,127
1,331
2,131
2,069
916
July
August .
September
1,111
1,956
885
U27
38
11.1
93''
liO
73
1.69
35
bit
October,.
1,025
U30
Ul
.
Source: See Table 1.
1/ See "Budget Receipts and Expenditures," Table 1, footnote 12.
2/ See "Budget BecelptB ani Kxpendltures," Table 1, footnote 11*.
i/ IncluieB District of Colunbla receipts from taxes and from
Federal contributions, loans, and grants; Indian tribal funds;
increment resxilting from reduction in the weight of the gold
dollar. Beginning with the fiscal year 1951*, the Railroad
Uiemployment Insurance Administration Fund is classified as
a trust account. Instead of being handled throi^ budget accounts
U/
2/
Service
Life Insurance Fund
Insuance
Fund
Federal
employees'
retirement
funds
Highway
Trust
Fund
2/
Other trust
accounts
68^
786
86
87
637
619
590
79
78
78
850
912
961
691
708
6119
73
,025
608
69
67
,397
1,1'58
2,13''
681
638
1,722
2,U6
631.
61.0
690
51.5
597
UOl
1.57
^9
1.67 it/
1,482
1.5
3
123
U2
38
3
119
105
151
190
150
51
2
123
1''5
5''
2
2
53
70
39
38
205
Ul
111
296
168
172
UO
51
69
62
99
3U9
37
UO
3
116
39
36
3
159
110
177
206
188
90
1.0
152
180
1
-54 i/
69
as formerly ( see "Budget Receipts and Sxpenditures," Table 1, footnote 7).
Doee not include donation of public debt securities amountii^ to
1.5,800 (par value); see also Table U.
Net of transfer to mlBCellaneous budget receipts of $112 million
unallocated Increment from reduction In weight of the gold dollar,
pursuant to Public Law 85-699, approved August 21, I958 (72 Stat. 698).
See aleo "Monetary Statistics," Table 6.
.
..
December 1958
.TRD8T ACCOlOrr AHD OTHSR TRAKSACTIOIB
Table 3.- Trust and Deposit Fund Account Expenditures
(In
nlUloD* of aollAra; negatlre figures are exoeaa of oredlta)
Truet aoooiAta, aad trust entarpriae funda (nat)
Tot*l
truat
aooounta,
or aoath
at«.
1951
1952
1953
3,9*5
•',952
5,169
6,769
8,5*5 1/
1951'
1955
*,139
5,296
5,698
7,327
8,1.89
19?6
1957
1958
1«,959
16,068
1959 (l»t.)....
18,11.7
1958-Jaauar7...
FebruAry.
March
1,651
1,317
1,1.87
1,''92
1,561.
Airll
MV
rederal Old -Age
and SuTTlTcra
Inauranoe Truat
Fund
Federal
Disability
Inauraooe
Truat fxoA.
Railroad
Bstlraaant
AooouDt
OiaBploj-
atlooal
Gore:
ant
Serrlce Life
Inauranoe
ruid
Ufa
Truat
rum
502
585
900
1,0*9
1,010
1,7*5
1,965
61*
996
588
623
538
1,393
512
515
5**
321
391
1,569
2,067
2,750
1.65
3,1.05
U,1.87
5,551
6,723
8,116
IBI
611
682
730
1,6**
3,1*8
9,1.89
1.18
779
2,955
16
18
19
63
3*1.
61
1,532
720
668
697
331
*1S
1,''79
1,3«1
729
1,1'23
T21.
1,627
717
20
20
29
61.
1,363
1,561
1,606
81.1
19
1,1.87
722
20
Septenber.
1,786
1,*12
1,397
l,l»98
71.0
October.
1,597
1,1.95
721
9,1.35
Jme
Jul;
August
. . .
.
.
.
..
2/
9,197
12,7''3
16,159
1
62
t
Inaurance
FUDd
77
82
82
*2
retlmaeDt
Trust
rund
finds
271
300
363
8*
*11
*30
87
86
120
507
591
699
966
1,602
8*8
2,560
65
56
61
112
1*7
631
*9
*6
Federal
e^>lQ7eea'
7
7
6
lie
97
*26
377
3*8
51
*7
*7
30
63
63
59
59
90
109
8
58
217
320
302
290
*9
*8
*1
11
23
63
63
63
57
58
65
20*
222
236
27
63
207
*7
67
32*
15
7
*
Treasury Bulletin
10
.
THUST ACCOUNT AM) OTHER THANSACTIONS
.
Table 4.- Net Investment by Government Agencies In Public Debt Securities
..
..
December 1958
11
TRUST ACCOUNT AMD OTHKR TRANSACTIONS.
Table 5.- Net Redemption or Sale of Obligations of Government Agencies In the Market
(in mllllope of dollare; negative flguree are excees of aalea)
Securltlea guaranteed by the Ihlted Statea
Public enterpriae funde
Flecal year
or month
Total
guaranteed
1951
1952
1953
-38U
72
195''
U
1955
-602
1956
-173
-10
-16
-7
-29
37
25
-1,085
-567
1957
1958
Federal
Farm
Mortgage
CorporatloQ
Commodity
Credit
Corporation
Home
Ownera'
Loan
Corporation
Federal
Houalng
AdmlnlBtration
-12
-16
1
-1
1
-7
-30
37
-30
-33
6
-30
3
3
-2
-33
6
252
1959 (Kat.)...
1958<anuarj.
Febriiary.
March ....
April
May
June
July,
Auguat. .,
September
October.
-225
-1U2
-101
-2
-1
-1
lUU
10
10
-3
729
-1.
-3
-4
31
-1
-1
-10
-6
-6
3
-9
-9
32
6
6
Securltlee not guaranteed by the Iblted States
Trust enterprise funds
Public enterprise funds
Fiscal year
or month
Total not
guaranteed
Total
public
and trust
enterprise
funds
1951
1952
1953
-371.
195"*
33
88
32
65
Federal
Intermediate
credit
banks
2/
Federal
National
Mortsage
Association
Home
Owners'
Loan
Corporation
Federal
Intermediate
credit
banka 2/
Federal
National
Mortgage
Association k/
GoTsmment-sponaored enterprises
Total
Governnenteponeored
enterprises
Banks
for
cooperatives
Federal
home
loan
banks
-639 1/
-639
-37'»
-375
1
186
285
65
-33
12
-11
136
-99
-45
-146
-1UJ»
-I4.U
-1,052
136
April
May
June
-570
-100
-950
-115
-238
-225
-233
n.a.
1959 (Bat.)...,
1958 -January..,
February..
March.....
-69
-1U1»
-1,052
-573
-573
-228
-100
-228
-lUO
-100
131*
13"*
-IW
lanl
banka
-98
Memorandum
1955
1956
1957
1958
Federal
-269
-872
-86
167
-715 6/
-229
1
hi
-50
-66
-63
^
-46
-20
-226
-588
191
282
-261
-230
-95
-25
-250
-140
10
-23
-53
19
19
-101
-50
121
21U
-27
30
1U8
183
200
100
-91
-30
»
-91
•
-8
•
1
37
37
733
733
796
-63
112
111
1
July
August . .
September
32
32
5
1
-37
-73
-30
-U3
-1.
2
»
2
12
12
12
-163
-33
-130
October.
26
26
25
-126
-20
-106
-k
Source: See Table 1.
1/ BeglnniJig 1955 excludes net transactions of GovenuBcnt-sponsored enterprises (see Table 3).
2/ Classified as a public enterprise fund prior to January 1, 1957; as a
trust enterprise fund January 1, 1957» to January 1, 1959; and as a
GoTemment-spcnsored enterprise thereafter (see Table 3i footnote 3)'
Management and liquidating functions.
SecOQdary market operations.
Sec Table 3
Total Includes estimated $300 million net sales by Federal Intermediate
credit banlcB.
Less tban $500,000.
Not available.
.
I
Treasury Bulletin
IS
.CASE INCOME AHD OOTOO.
The cash Income and outgo data appearing In the
"Treasury Bulletin," beginning with the February I956
Issue, are on a basla conalstent with receipts from and
payments to the public as derived In the 1957 and sub-
representing cash received from the public. Federal cash
borrowing from the public includes net borrowing by the
sequent Budgets of the United States, Special Analysis A.
Treasury through public debt transactions and also net
borrowing by Government agencies and Government-sponsored
enterprises through sales of their own securities.
Reconciliation to cash deposits and withdrawals In the
It excludes changes in the public debt which do not rep-
account of the Treasurer of the United States Is shown on
There Is also
the same basis as In the Budget dooumente.
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
shown the amount of net cash borrowing from, or repayment of
By these arrangements, data In
borrowing to, the public.
accordance with the Budget classifications are made availFigures for back years have been
able month by month.
account and in cash held outside the Treasury.
Cash transactions through the Treasurer's account are
revised where necessary In order to make them as nearly
eimllar in general concept to those Included in the Budget
comparable with the Budget classifications as available
data will permit. For this reason certain of the figures
affect the balance in that account.
differ somewhat from those published In earlier Budget
documents as well as In the Bulletin.
authority, which are excluded from receipts from the public
aeries,
but are limited In coverage to transactions whiah
On the other hand,
they Include receipts from the exercise of monetary
in
the Budget series.
The Budget series of cash transactions Is designed
to provide Information on the flow of money between the
public and the Federal Government as a whole, and therefore
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
"Monthly Statement of Receipts and Expenditures of the
Receipts and payments Include transactions both
United States Government," which Is compiled from reports
In budget accounts and In trust and deposit fund accounts.
by all collecting and disbursing officers and includes
those transactions not cleared through the Treasurer's
account.
Operations of Oovemment-sponsored enterprises are Included
In payments on a net basis as reflected In Treasury reports.
account.
Cash deposits and withdrawals in the Treasurer's
account, beginning with the figures for the same year, are
Major Intragovemmental transactions which are reported as
both expenditures and receipts are eliminated from both.
reported in dally Treasury statements.
Noncash items which represent accrued obligations of the
Government to make payments in the future are also eliminated
prior to 1953 both cash transactions series are based on a
single source, namely, the earlier basis of dally Treasury
from expenditures but are added later when actual payments
statements which reported separate classifications for
budget results, trust account transactions, etc.
are made.
Receipts from the exercise of monetary authority
(mostly seigniorage on silver)
are
excluded
as
not
For those years
.
.
)
,
December 1958
13
.
CASH INCOME
MD
OUTGO
.
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In mllllQDB of dollara)
Net cash tranaactlons with the public
other than borrowing
Fiscal year
or month
1951
1952
1953
Federal recelptB from
the public
Federal paymenta to the
public
''5,797
67,961*
7,593
71,1*99
76,773
71,860
70,538
-5,27'*
71,627
67,836
1956
1957
1958
77,088
82,107
81,893
72,617
80,008
1959 (Est.).
80,357
195'*
Excess of
receipts, or
payments (-)
53,390
68,013
1955
Plus
Be celpts from
exercise of
monetary
authority
:
Net cash
borrowing from
the public, or
repayment ( Plus:
1*9
-232
-2,702
U,i*71
-2 ,299
2,096
257
29
-551
-312
331
-956
-202
91*, 066
-13,709
7,620
5,371*
6,377
7,759
10,U85
6,71*0
-1,003
1,020
3,976
-107
-2,111*
l*,626
-2,188
6,908
11,685
6,8lU
7,021
8,015
-111*
July
Al^ust., .
September.
3,782
6,553
7,935
7,911
7,593
8,282
-31*8
October.
3,595
8,027
-l*,li32
21,865
31,813
-9,9^8
1959 to date.
1,839
-388
56
73
66
83,1*13
..
Cash held outside
Treasury, Increase,
or decrease ( -}
1*3
23
6,509
Treasurer's account
balance , increase
or decrease ( -)
2,919
2,512
1,809
-U,366
-3,100
5,760
April.
May...
June.,
Change In cash balances
-5,796
-505
2,099
-1,520
1958-January.
February.
March ....
Equals:
59
l*,159
5
lUO
60
-5,71*9
-280
-1,101
888
1,662
68
30
187
2,686
1*12
3,670
-96
-285
-357
3,619
9U
152
-231
-U,128
-l.OUO
-569
-l.,630
2,575
1,2U9
288
-1,371*
-1,269
-U50
l*,027
-565
161
l*,658
-5,215
-65
source: Actual figures throi^ 1952 are baaed on the dally Treasury
statement and thereafter they are based In part also on the monthly
etate^nt of receipts and expenditures of the Goremment (for
explanation of reporting bases, see page II); eatlmates are from
-36
1*9
-65
the Midyear Eevlew of the 1959 Budget, released September 11, 1958,
Including effects of proposed legislation.
Table 2.- Summary of Cash Transactions through the Account of the Treasurer
of the United States
(In millions of dollars)
Treasury Bulletin
1»^
CASH INCOME AND OXJSGO
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 mllllona of dollara)
15
December 1953
.CASH INCOME AND OUTGO.
Table 5,- Intragovernmental Transact lone
(In oLllllons
Treasury Bulletin
16
CASH INCOME AND OUTGO
Table 7.- Derivation of Federal Government Net Cash Debt Transactions with the Publ ic,
and Reconciliation to Net Cash Debt Transactions through the Account of the
Treasurer of the United States
(Net boxTOvliig, or repayiDent of borrovljig (-); In mllllona of dollare)
Change In public debt and agency obligations held by the public
Net InTestmsnt in Federal
securities by GoTemment agencies
Less:
Net sale of obligations
of Govemment enterprises In
the market
Plus:
Fiscal year
or month
Public debt
Increase y or
decrease (-)
-e,135
3,883
6,966
5,189
3,115
1951
1952
1953
195J>
1955
1956
1957
1958
1959 (Set.)...
1958 -January.
February.
March
April
May
June
.
October.
.
-Ik
60S
spon sored
enterprises
371.
-186
33
11
269
173
872
-2 ,221*
5,816
1,085
567
-167
6,657
-252
715
-3U3
J2U
225
-2,055
691
.
10
IIU
-59
GoTemment-
-1,623
2, '•33
595
July
Al^ust
September
Public end
trust enterprise funds
-877
3,009
-1,610
3,5U6
86
Trust funds
3,369
3,355
3,068
1,686 1/
1,236
2,516 2/
2.262
105
«15
Public
enterpris
funds
GoTemmcntsponaored
enterprises
SluBls:
Increase In
securities
held by the
public, or
decreaae ( -
December 1958
17
.CASH INCOME AMD OUTGO.
Footnotes to Table 3
l/
2/
\J
For further detail, aoe "Budget Receipts and Expendlturea," Table 1.
For further detail, see "Truet Account and Other Transact lone," Table 2.
Treated as noncash refund deductions from receipts when Issued and
as cash refund deductions when redeemed.
U/
•
Conelata of seigniorage on silver and increment resulting from reduction In the weight of the gold dollar; excluded from receipts from
the public but Included In cosh deposits In the Treasurer's account.
Lees than $500,000.
Footnotes to Table 4
^j
For further detail, see "Budget Receipts ani Eipendlturee," Table 2.
For further detail, see "Trust Account are! Other Transactions," Tables 3,
U
and 5.
Includes net change In balances In Government-sponsored
enterprise deposit fund accounts with the Treasurer of the Uhlted States.
Net operating expenditures, or receipts (-), as measured by funds provided
by or applied to net security transactions reflected In Treasury reports
(see Table 7). To a large extent, these Government-sponsored enterprises
secure funds for their operations by direct borrowing from the public or
by cashing Federal securities which they hold, and they apply the
net income received from operations to repayment of borrowing from the
public or to Investment in Federal securities. On that basis, net
,
i/
U/
'2J
6/
2/
expenditures for operations are shown in thle table In terms of the
combined net of disinvestment In Federal securities and sale of agency
obligations in the market, and net receipts from operations are shown
in terms of the combined net of Investment In Federal securities and
redemption of agency obligations In the market.
Not reported prior to I95U.
Consists of only those market tranaactlona not cleared through the
Treasurer's account.
See Table 7, footnote 1.
Does not Include revolving fund receipts representing acquired
securities amounting to $1,6U3,070 (par value).
Footnotes to Table 5
i/
Zj
i/
{i_/
F#d«ral int«rmodlat« credit bank franchls# tax through December 19^6
and, beginning 1953, also relmburMment by Panama Canal Company for
sxponsAs and aervicea.
Includaa r«lmbiiraem»nt by Federal Old-Ag© and Survlvora In«ura«;»
TruBt Fund and Federal Dlaablllty Iniurance Trust Fund for admlnlatxfttlv* aipct^cs, and alao for ref\mda of taxaa (treated as an
offt»t to refunds rath«r than being credited to receipts) beginning
with 1953 for the former emd 1959 for the latter; relmburaement
by Highway Trust Fund for rofunde of taxee; reimbia-sement by the
Dlatrict of Columbia; payment of dividenda, Interest, etc., by
Federal National Mortgage Association's secondary market operations;
and Federal Intermediate credit bank franchise tax and repayment of
capital stock to the Treasury after December I956 and before
January 1959
Consists of pei-ment of earnings and repayment of capital atock to
the Treasury through 1952; amd paymemt of frawchlee tax by baaks
ror cooperatives beginning 1955, and by Federal Intermediate
credit banks beginning January 1959.
Includes relatively small amounts of deductions fVom salarlea paid
6/
Beginning
by trust funda and Government-sponsored enterprises.
with fiscal year 195^* excludes deductions from sslarlee of District
of Columbia employees (see footnote 6).
Consists of payments to employees' retirement funds repreaentlng
United States and Government corporation shares of contributions;
pai^inentn to the Railroad Petirement Account (for creditable military
service), the Unemployment Trust Fund, veterans' life insurance funds,
Judicial Survivors Annuity Fxjnd, trust fund for technical aervices
and other aaslstance under the agricultural conservation program, and
District of Columbls; and awards cf Indian Claims Commiesion.
Includes payn»nt by District of Colvmibla to the "rivll Services retirement fund for its share of contributions, and beginning with 195©
alao deductions from Ita payroll; payment by Railroad RetlreiaBnt Board
to Federal Old -Age and Survivors Insin-ance Trust Fund; trsnsfere
from Civil Service retirement fund to Foreign Service retirement fund
from 1955 through 1957; and transfers from Railroad Unemployment
Insurance Administration Fund to Unemployment Trust Fund through
1955.
I^es than $500,000.
Footnotes to Table 6
1/
2/
\J
U/
Accrued discount on savings bonds and bills less interest paid on
savings bonds and bills redeemed.
Public debt Interest due and accrued beginning June 30, 1955, effective
date of the change In accounting and reporting from a due and payable
baela to an accrual baels; for 195**, consists only of public debt
interest checks and coupons outstanding; net Increase, or decrease
(-). Not reported as a separate clearing account prior to 195^**
Treated as noncash expenditures at the time of issuance of the
securities and aa caah expenditures at the time of their redemption;
net Issuance, or redemption (-).
Issued In 1936 In exchange for adjusted service certificates held by
veterans of World War I. The bonds matured in I9U5.
^
6/
2/
*
Issued in 19^7 in payment for accumulated leave. The last of these
bonds matured In 1951.
Part of the united States subscription to the capital of the International Monetary Fund was paid in the form of nonlnterest-bearlng
nonnegotlable notes payable on demand (see 19^7 Annual Report of
the Secretary of the Treasury, pages UB, 350, and 385).
Checks outstanding lees deposits in transit, and changes in other
accounts; net Increase, or decrease (-), Prior to I95U Incliaiea
also public debt Interest due and unpaid (see footnote 2).
Less than $500,000.
Footnotes to Table 7
In this table, beginning 195**, In accordance with treatment in Budget
documents, net investment In Uhlted States securities by Governmentsponsored enterprises includes a small amount by other enterprises
regarded as representing net transactions with the public
In Table U
under "Truet Account and Other Transactions," these amounts are included In trust and deposit fund account Investment.
Does not Include Investments representing acquired securities amounting
to $1,61*3,070 (par value) and donation of eecurltles amounting to
$U5,8O0 (par value).
Accrued discount on savings bonds and bills, which is Included In the
!i/
.
2/
1/
principal of the public debt, less Interest paid on savings bonds end
bills redeemed.
Treated aa noncash transactions at the time of Isauance and as cash
transactions at the time of redemption; net Issuance, or redemption
(-).
5/
6/
1/
Excluded from borrowing because the transactions ere treated as expenditures in Table 6,
Excluded from borrowing because the transactions are treated as deductions from receipts in Table 3.
Market transactions In public debt securities and agency obligations.
I^as than $500,000.
Treasury Bulletin
1«
.
Accouirr of
the treasurer of the united states
.
Source and Availability of the Balance In the Treasurer's Account
The account of the Treasurer of the United States
reflects not only budget receipts and expenditures but
also trust, deposit fund, and public debt transaotlone.
The working cash of the Treasury Is held mainly In
Treasurer's accounts with Federal Reserve Banks and
branches.
As the balances In these accounts become depleted, they are restored by calling In (transferring)
funds from the tax and loan accounts with thousands of
commercial banks throughout the country.
account to the tax and loan account In the same bank. On
occasions, to the extent authorized by the Treasury,
banks are permitted to deposit In these accounts proceeds
from subscriptions to public debt securities entered for
their own account as well as for the account of their
customers.
The tax and loan account system permits the Treasury
to leave funds In banks and In the coaiaunltles In which
they arise until such time ae the Treasury needs the funds
Deposits to tax and loan accounts occur In the
normal course of business under a uniform procedure
In this way the Treasury Is able
neutralize the effect of Its fluctuating operations
on bank reserves and the economy.
applicable to all banks whereby customers of banks deposit
with them tax payments and funds for the purchase of
Government securities.
In most oases the transaction
A detailed description of the Treasury's depositary
system may be found In the Annual Report of the Secretary
Involves merely the transfer of money from a customer's
of the Treasury for 1955,
for Its operations.
to
pages 275-28'+.
Table 1.- Statue of the Account of the Treasurer of the United States
(In mllllone of dollars)
December
mS
19
.
ACCOUMT OF THE TREASURER OF THE UWITED STATES
,
Table 2.- Analysis of Changes in Tax and Loan Account Balances
(In alllloDa of dollara)
Proceeds from sales of securities l/
Flacal year
or month
savings
bonds
Savings
notes
1951.
l95^.
1953.
195^.
3,390
2,226
2,667
3, '•37
1955.
1956.
1957.
1958.
I.
3, It 57
,1.21.
3,810
2,976
2,82U
U,679
2,231
2,333
During period
Tax
anticipation
securities
Withheld
and
excise 2/
2, '•51
287
5,2l»3
5,0I>1
6,861
It, 301*
5,977
6,035
8,167
20,538
786
23 ,897
5,olt3
6,568
2,922
13,513
26,709
27,881
5^.8
2,762
1,168
3,161
2,726
1957-December.
223
1958 -January..
February.
March
258
252
36
1,328
;^ii.
2l»2
3,323
May...
Jime.
226
23U
1,029
July
Ai^uat
September
266
22li
October.
212
.
10,331
13,579
15,859
19,898
333
3,553
209
3,653
Source: Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
1/ Special depositaries are permitted to make payment Iji the form of
a deposit credit for the purchase price of united States Government
obligations purchased by them for their own account, or for the
accomt of their customers who enter subscriptions through them,
when this method of payment is permitted under the terms of the
circulars Inviting subscriptions to the Issues.
2/ Taxes eligible for credit consist of those deposited by taxpayers
Withheld income tax beginning
in the depositary banks, as follows:
Income ( by
special
arrangement)
Total
credits
Withdrawals
End of
period
Average
High
^
6,971
13,270
10,227
"•,791
211,128
36,1.93
"•1,267
Ul,61>U
21,716
37,066
1.3,303
8,776
950
39,879
l.,636
7,1.93
1,61.9
1.2,51*5
7,299
1,910
1,103
813
1,078
1,710
2,779
1,103
1,731
1,782
6,293
5,1.09
2,967
U,6ll
39,lkO
38,871
I*,
ll5,ltl.8
1.6,000
l.,365
i.,633
i.,082
55,OWt
50,908
8,218
6,078
8,869
3,533
l.,033
3,081.
3,589
1,767
3,005
2,925
152
7,903
1,501
2,818
8,385
2,127
6,1.33
i.,67l.
5,216
3,006
6,257
It,
6,71.5
6,576
5,237
U,210
5,i.i.lt
3,535
971.
5,593
2,916
1,091
2,953
2,863
21
5,177
3,179
5,619
9,71.1.
1,168
186
1,620
2,968
2,783
1,218
1,086
23
It,
3,208
3,255
5,680
5,106
3,071
5,1.86
1,1.31
1,1.25
It
,212
3,870
3,991
3,373
2,987
3,21.6
5,1.1.7
1,138
2,380
558
l.,558
1,611.
3,655
'.,730
5,129
8,869
11,153
i.,696
8,218
2,653
5,1.31
3,262
8,055
l.,769
5,1.00
i.,513
3,262
1,975
l.,531
1,281.
3,218
1,91.8
3,629
2',837
l.,596
It,
998
3,61.5
5,263
March 191.8; taxes on employers and employees under the Federal
Insurance Contributions Act beginning January 1950, and under
the Railroad Petlrement Tax Act beginning July 1951; and a
number of excise taxes beginning July 1953Uhder a special procedure begun In March 1951, authorization
may be given for Income tax payments, or a portion of them,
made by checks of $10,000 or more drawn on a special depositary
bank to be credited to the tax and loan account in that bank.
This procedure is followed during some of the quarterly periods
of heavy tax payments.
...
.
.
Treasury Bulletin
20
.DEBO!
OOTSTAHDHC-
Table 1.- Summary of Federal Securities
(In mlUlone of dollare)
Total outstanding
End of
fiscal
year or
month
1951
1952
1953
195*
Public
debt
29
271,3''l
252,852
256,863
27
2,372
2,370
512
1,283
liU
2,2lili
2,21l2
Itl9
1,2711
263,9115
2,126
2,351
2,125
2,350
298
1,302
268,910
51
80
Uii
I137
l,lill
271,785
269,956
268,592
271,7111
li3
2,6311
269,883
73
I160
l,61i6
2,01i2
l,6li6
1,068
618
ItltU
2711,798
106
101
589
666
529
597
l,7ll2
268,li86
2711,698
2,869
2,0U2
2,633
2,868
272,977
272,8711
2,025
2,024
81.1
7l»6
1137
272,877
273,061
271,051
272,777
272,959
100
102
562
733
725
103
1,777
1,720
1,676
609
270,9118
1,778
1,721
1,677
576
669
273,5110
2711,126
2711,798
273,lili7
93
1,610
1,622
l,6lt6
l,61i6
665
690
618
I131
96
101
1,611
1,623
51I1
2711,030
2711,698
li27
li23
81
27'1,37't
272,825
270,63U
276,UUU
272,751
270,527
1957 -December.
275,002
2711,898
1958 -January..
February.
March ....
2711,656
2714,782
2711,555
2711,679
272,62li
101
April
May
June
275,151
275,057
275,653
9U
7I1
107
101
276,3113
275,7i»9
252,879
256,907
263 ,997
268,990
52
271. ,1.18
272,728
teed
securities 2/ 1/
116
1955
1956
1957
1958
103
lOU
97
101
276,liliU
276,3113
July
August. .
September
275,568
275,ii66
278,58l»
278,1176
102
108
276, 78U
276,666
118
October.
280,323
280,211
Guaranteed
Public
debt
teed
securities 2/
255,222
259,105
266,071
271,260
255,251
259,151
266,123
Public debt
Guaran-
GuaranTotal 1/
Matured debt and debt bearing no Interest
Interest-bearing debt
27ll,011
101
108
117
273,910
276,951
277,058
275,122
275,00ll
278,672
278,561
Monetary
Fund k/
Total
500
597
1,557
1,526
1,662
1,556
1,525
1,661
611
632
619
626
1,651
1,650
5I1I
687
I161
securities 2/
(natured)
5T5
550
525
502
U77
1,567
U97
Other
5/
1130
1135
1133
I132
I133
I130
I125
li2U
Monetary Fund In payment of part of the United States subscription,
pursuant to provisions of the Bretton Woods Agreements Act. The
notes bear no interest, are nonnegotlable, and are payable on
demand.
Includes savings atajnpa, cjccese profits tax refund bonds, and
currency items. For current month detail, see "Statutory Debt
Limitation," Table 2.
Source: Dally Treasury statement.
1/ Includes certain obligations not subject to statutory lljiiltatlon.
For amounts subject to limitation, see page 1.
2/ Excludes guaranteed securities held by the Treasury.
Consists of Federal Housing Administration debentures beginning
March 1953{i/
Special notes of the United States issued to the International
^
Table 2.- Computed Interest Charge and Computed Interest Rate on Federal Securities
(Dollar amounts In millions)
Computed annual Interest rate
Total Intereat-bearing securities
End of
fiscal year
or month
Computed annual
interest charge
Amount
outstanding
Public debt
and guaranteed securities 1/
Public
debt
Public debt
and guaranteed securl1/
5,7liO
Public debt
Total
Public
debt
interestbearing
securities
Marketable Issues
Total
public
debt
Total
8/
2.270
2.329
2.U38
2,270
2.329
2.U3e
1.981
2.051
2.207
2.0U3
2.079
252,852
256,863
5,982
5,7^0
5,981
263,9116
6,1.32
6,li31
268,910
6,300
6,388
6,298
6,387
2.31.2
2.31.2
271,7111
2.351
2.351
1956
1957
1958
269,956
268,592
269,883
.6,952
268,1186
27U,698
7,328
7,2U8
950
325
2711,798
7,2ii5
2.576
2.730
2.638
2.576
2.730
2.638
1957 -December.
272,977
272
,8711
7,878
7,876
1958 -January..
February
March
272,877
273,061
271,051
272,777
272,959
270,9118
7,796
7,580
7,382
7,793
7,577
7,379
2.860
2.778
2.725
2.660
2.778
2.725
273,5110
2711,126
2711,798
273,lili7
7,326
2711,030
27li ,698
7,281i
7,323
7,282
7,2li5
2.679
2.658
2.638
2.6:2
2.578
7,21.8
2.679
2.658
2.638
273,910
276,951
1952
1953
195lt
1955
April
May
June
CertlfIcatea
Guaranteed
Special
Issues
securities
iZ_
252,879
256,907
263,997
268,990
271,785
1951
Bills
i/
NonmarketTreasury able
Issues
bonds
1.569
1.711
2.25lt
.8113
1.539
1.875
1.875
2.319
1.928
1.173
1.399
1.560
1.754
1.838
1.646
2.327
2.317
2.342
2.440
2.480
2.623
2.659
2.720
2.751
2.789
2.606
2.675
2.746
2.671
2.585
2.656
2.578
2.575
2.547
2.590
2.705
2.635
2.630
2.622
2.65U
3.197
1.033
2.625
2.5li6
3.330
2.075
2.504
2.806
2.485
2.482
2.576
2.824
2.853
2.892
2.965
3.510
3.699
2.666
2.505
2.875
2.639
2.619
2.9111
3.192
2.652
1.988
3.699
2.664
2.678
2.865
2.505
2.547
2.555
2.' -e
2.8c^
2.685
2.639
2.638
2.637
2.621
2.620
2.619
I.I138
3.I150
1.182
1.033
3.450
3.330
2.622
2.820
2.806
2.555
2.555
2.576
2.888
2.890
2.892
2.637
2.635
2.630
2.613
2.615
2.622
2.1127
2.707
2.778
2.688
2.5I16
3.3115
3.1151
3.I151
2.606
2.6U
July
At^ust.
September
27U,011
277,058
275,122
7,210
7,019
7,088
7,208
7,016
7,085
2.53lt
2.53I1
2.5311
2.37I1
275, OOU
2.577
2.577
2.I1U3
.951
1.185
1.702
3.329
2.361
2.361
2.801
2.790
2.785
2.575
2.585
2.592
2.895
2.697
2.899
2.633
2.635
2.637
2.627
2.625
2.629
October,
278,672
278,561
7,370
7,367
2.61i7
2,6lt7
2.558
2.532
2.361
2.823
2.592
2.902
2.640
2.638
.
2.632
Source: Dally Treasury statement.
Note: The computed annual Interest charge represents the amount of
Interest that would be paid If each interest -bearing Issue outstanding at the end of each month or year should remain outstanding for a
year at the applicable annual rate of Interest. The charge Is computed for each issue by applying the appropriate annual Interest
rate to the amount outstanding on that date
The aggregate charge
for all interest-bearing Issues constitutes the total computed
annual interest charge. The average annual Interest rate is computed
.
2.632
1/
2/
^
4/
by dividing the computed annual Intereet charge for the total, or
for any group of Issues, by the corresponding principal amount.
E:tcludes guaranteed securities held by the Treasury.
Total Includes "Other bonds"; see Table 2.
Included In debt outstanding at face amount, but discount value Is
used in computing annual intereet charge and annual Interest rate.
The annual Interest charge and annual interest rate on United
States savings bonds are computed on the basis of the rate to
maturity applied against the amount outatanding.
December 1958
21
.DEBT OOTOTAHDHC-
Table 3.- Interest -Bearing Public Debt
(In ailllona of doUari)
Public Isaues
Total
Bid of
flBC«l
year or
Romarke table
Harke table
interest-
bearli^
ppbllo
debt
252,852
256,863
1951
1952
1953
195k
Treaaurr bonda
Total
public
Bank reBank
ell«i- atrlotel
bla
1/
Certif-
laauea
icate a
218,198 ,137,917
219, 12U 11.0,1.07
13,611.
9,509
28,1.23
15,851.
18,1.05
263,91.6
223,1.08 11.7,335
268,910
226,681 150,351.
17,219
19,707
19,515
1955
1956
1957
1958
271,7>»1
228,1.91 155,206
19,511.
269,883
221., 769 151. ,953
20,808
268,1.86
2711,698
221,658 155,705
228,1.52 166,675
35,806
18,963
1.2,772
1.8,200
31,960
63,980
71,706
1.0,729
81,057
35,952
30,973
81,81.0
23,1.20
22,1.06
13,836
16,303
20,U73
32,920
20,1.16
80,789
90,883
30,1.25
other
U. S.
bonda
aaTlaga
bonda
2/
TreaauOT
aarlnga
note a
57,572
57,685
57,886
58,061
7,818
6,612
96
80,281
78,717
76,073
76,326
71
50
50
50
73,285
69,817
65,953
61,777
58,365
1,913
36,061
156
27,1.60
17,21.5
11.2
121.
8,672
Aned
foroea
leare
bonda
Bpeolal
leauae
Treaaur;
Oepoabooda,
ItaxT
Inreat'
bonda
Bent
aerie
i»T
Ik ,526
3k ,653
319
373
lk,0k6
13,288
12,775
kk7
kl7
310
k3,250
57,1.97
12,589
12,009
,622
U,135
196
51,961.
9,621
171
k6,827
k6,2k6
51.
I.,li53
5,079
37,739
k0,538
k2,229
ku
k5,U*
1957-Doo..
272,8711
227,075
161., 192
26,857
311,551'
20,661.
82,067
50
62,883
52,lt7'i
10,253
156
k5,799
1958-Jan.
Feb..
Mar..
272,777
272,959
270,9U8
227,307 l6l.,627
227,000 161.,U83
225,137 162,898
27,260
26,127
23,022
31., 551.
20,703
82,060
20,1.83
86,31.8
87,663
10,19k
10,059
9,837
lk3
Ikk
20,685
62,681
62,517
62,239
52,31.1.
31,1.75
31,1.78
50
50
50
k5,k70
k5,959
k5,8l0
kgt..
273 ,'•''7
228,001. 165,97k
22,U15
21.,
227,915 165,988
228,1.52 166,675
22,1^)5
22,1.06
87,61.7
20,1.16
90,883
50
50
50
62,031
61,927
61,777
9,710
9,677
9,621
156
163
171
k5,kk3
2711,030
2711,698
732
21., 765
52,161.
Majr..
31,122
31,122
32,920
273 ,910
276,951
228,033 166,391
230,638 169,233
229,008 167,728
22,U03
32,938
20,1.99
51,851.
85,71.3
50
50
50
51,913
20,665
20,7U9
61,1.01.
2?;699
38,1.87
38,1.87
90,501
87,631
61,61.2
22,1.01
275,001.
61,280
51,792
9,525
9,3kl
9,2kk
20k
209
2kk
k5,877
k6,313
k5,996
278,561
233,19k 172,153
25,9k2
38,1.87
21,938
85,737
50
61,01.1
51,715
9,109
217
k5,367
June.
Jvilj.
Aug. .
Sept.
Oot..
87,655
8oaca»i Dallj Treaaury atateaent,
1/ laauaa vtalch oomaerolal banka (banka aooeptlng denand depcaita) ware
not perBltted to ao^ulra trior to apaolfled dataa, exoept that: (1)
ooncurrently with the kth, 5th, and 6th War Loana and the Tlotorr
Loan, they were permitted to aubaorlbe for llAlted inreatuent of
52,315
52,251.
52,066
51,981.
lk8
k6,U5
k6,2k6
their aarlnga depoalta; (2) they Ml^t temporarily aoqulre auch
laawa through forfeiture of collateral; (3) they ml^ht hold a
limited aao\mt of auoh laauea for trading purpoaea.
Conalata of Panama Canal bonda, and alao poatal aaTli^a bcoda until
the laat of theae bonda matured on July 1, 1955.
Table 4.- Average Length and Maturity Distribution of Marketable Interest-bearing Public Debt
(m
i/
mllllona of dollara)
Maturity olaaaea
Bid of
flac&l year
or month
Amouit
outatandli^
Within
1 year
1-5
5-10
yeara
yeara
10 - 20
yeara
20 yeara
and orer
ATaamga laagth
k3,908
k6,367
65,270
62,73k
k6,;e6
k7,8lk
36,161
29,866
8,707
13,933
15,651
27,515
29,979
25,700
28,662
28,63k
8,797
6,59k
1953
195k
137,917
Ik0,k07
lk7,335
150,35k
1,592
1,606
6 yra.
5 yra.
5 yra.
5 yra.
1955
1956
1957
1958
155,206
15k,953
155,705
166,675
k9,703
58,71k
71,952
67,782
39,107
3k,k01
kO,669
k2,557
3k, 253
28,613
28,578
26,k07
27,652
3,530
k,351
k,3k9
7,208
5 yra. 10
5 yra. k
k yra.
9
3 moa.
5 yra
1957-December.
l6k,192
75,268
k7,996
8,868
27,690
k,3k7
k yra.
1958 -January..
February.
16k ,627
k8,037
k3,Ok7
k2,322
6,868
12,709
Ik, 206
27,68k
27,678
27,*72
k,3k7
6,069
6,07k
k yra.
l6k,k83
162,898
75,690
7k, 979
72,62k
6 moa.
k yra. 11 moa.
5 yra.
165,97k
165,988
166,675
71,729
75,538
67,782
k6,299
k2,51k
k2,557
Ik, 206
Ik ,206
27,665
27,658
27,652
6,07k
6,073
7,208
k yra. 11 noa.
21,k76
67,797
70,k77
66,896
k2,639
k9,559
k9,6k3
21,101
lk,3k7
lk,3k7
27,6k7
27,6k2
27,633
7,208
7,208
7,207
5 yra.
5 yra.
September
166,391
169,233
167,728
5 yra.
October..
172,153
72,117
50,85k
lk,3k7
27,627
7,207
1.
1951
1952
March
April....
May
Jme
July
Augiiat ...
Source:
Office of the Secretary, Debt Analyala Staff.
1/
28,908
12,328
21,k76
All iBBuee claselfled to final maturity except partially
tax^xempt bonda which are cl&aslfled to earlieat call data.
7 msa,
8 K>a.
k moa.
6 moa.
1
I
i
7 moa.
k yra. 10 moa.
3 moa.
5 yra.
2 moa.
1 mo.
1 no.
yra. 11 moa.
Treasury Bulletin
22
.XSEBI
OOTSTAHDIIG.
Table S.- Special Issues to United States Government Investment Accounts
December 19^8
23
JEBT OUTSTAHDHG.
Table
<t.-
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In lallllona of dollara)
:
Treasury Bulletin
21^
STATT/rOEY DEBT LIMITATION
The Second Liberty Bond Act 3I U.S.C, 757 b), as
amended by an act approved September 2, 1953, provides
that the face amount of obligations Issued under authority
authorized ae followB: $6 billion beginning on August 28,
195^» and ending on June JO, 1956 (acts approved August 28,
of that act, and the face amount of obligations guaranteed
and ending on June 30, 1957 (act approved July 9,
1956); and $5 billion beginning on February 26, 1958, and
ending on June 30, 1959 (act approved February 26, 195S ),
(
as to principal and Interest by the United States (except
guaranteed obligations held by the Secretary of the Treasury), shall not exceed In the aggregate 3283 billion out-
standing at any one time.
The corresponding limitation
previously In effect, under the act of June 26, 19^, was
3275 billion.
In addition, temporary Increases have been
195^» and June 30.
1955); $3 billion beginning on July 1,
195^.
Obligations Issued on a discount basis, and subject to
redemption prior to maturity at the option of the owner,
are Included In the statutory debt limitation at current
redemption values.
Table 1.- Status under Limitation, October 31, 1958
{In mllliona of dollars)
Maximum amount of securities which may be outstanding at any one time under limitation Impoeed by the act
of September 2, 1958 (31 U.S C. 757 b) as increased temporarily by the act of February 26, 1956
288,000
,
Amount of securities outstanding subject to such statutory debt limitation:
U. S.
Government securities issued under the Second Liberty Bond Act, as amended
279,785
112
Guaranteed securities (excluding those held by the Treasury)
279,897
Total Qmojnt of securities outstanding subject to statutory debt limitation
B,103
Balance issuable 'under limitation
Source:
Dally Treasury statement.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding October 31, 1958
(In mllllone of dollars)
Class of security
Public debt:
Interest -bear lug securities:
Marketable:
Treasury bills
Certificates of Indebtedness.
Treasury notes
Treasury bonds
Panama Canal bonds
Total marketable
Noraoarke table
U. S, savingB bonds (current redemption value).
Depositary bonds
Treasury bonds, investment series
Total nonmarketable
Special Issues to Government agencies and trust funds.
Total interest-bearing securities
Matured securities on which Interest has ceased
Debt bearing no interest:
United States savings stamps
Excess profits tax refund bonds
Special notes of the 'Jhlted States, International Monetary Fund Series..
Thlted States notes (leas gold reserve)
Deposits for retirement of national bank and Federal Reserve Bank notes.
Other debt bearing no Interest
Total debt bearing no interest.
Total public debt
Guaranteed securities:
Interest -bearing
Matured
l/
Total guaranteed aecurltlea
Total public debt and guaranteed securities.
Subject to
statutory debt
limitation
25,9''2
38,U87
21,938
85,737
subject to
statutory debt
Not,
Total
outstanding
December 1958
25
.DEBT OPERATIONS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding October 31, 1958
Treasury Bulletin
26
.DEBT OFERATIOHS.
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Issued by the United States Government
and Outstanding October 31, IQ58 - (Continued)
(In llllaB* at dollira)
December 19^8
27
.DEBT OPniATIOHS.
Table 2.- Offerings of Treasury Bills
(Dollar aaounta In mlUloos)
Deeorlptlon of aev leeua
Number of
Maturity
date
dajB to
maturity
Amount of
bids
tendered
Amount of blda accepted
Total
enount
On ccmpetltlTe baa IB
On nonccmpetltlTe baele l/
In
azohange
AfflDxmt
Total unma-
maturing on
Issue date
of new
offering
tured iasuae
outstanding
after new
iaauea
Begalar weekly blllai
1958-Aug.
7
Aug
Aug.
Aug.
11*
1958- Not
Not.
13
21
28
Not.
Not.
20
28
Sept. 1*
Sept. 11
Sept. 18
Sept. 25
Dec.
Dec.
Dec.
Dec.
11
18
26
.
Oct.
Oct.
Oct.
Oct.
Oct.
Not .
Not.
Not.
Not.
.
9
l6p
23p
30p
1959 -Jan.
Jan.
Jan.
Jan.
Jan.
6p
13p
20p
28p
Feb.
Feb.
Feb.
Feb.
2
6
I.
2
8
15
22
29
5
13
19
26
1,700.1*
235.3
253.7
356.0
359.5
i27.ll
33.0
31.6
1,800.2
1,700.2
1,701.0
11*3.1*
1,700.1*
1,565.3
1,535.5
236.1
260.9
1,699.8
1,700.1
1,699.2
1,1*1*5.3
351*.
131.6
67.6
20.3
26.9
96.7
22,800.6
22,900.6
1,51*2.2
1,700.1*
23,103-7
1,700.3
23,206^
162.5
23.8
119.2
1,700.0
1,699.2
1,799.8
1,799.9
23,308.2
l,l*U8.5
l.UlU.l*
251.5
1,511* -6
285.2
272.2
1,565-0
2,635.6
2,575.6
1,800.3
1,800.1
1,800.1
1,799.8
92
91
91
91
91
2,291.5
2,381.6
3,088.U
2,986.6
2,871.8
1,801.3
1,800.1
1,803.0
1,799.7
1,802.7
1,503.2
299-5
91
2,8ll*.U
2,856.6
2,998.1
2,830.5
1,501.1*
1,1*65.9
300.6
92
91
90
1,802.0
1,800.6
1,803.0
1,803.0
1,501.6
1,520.0
301.3
282.8
211*
5,950.3
2,996.7
219
5,80U.6
2,735.1*
2,1*29.3
2,1*81.8
91
91
91
92
2,567.8
2,515.3
2,1*63-3
2,51*9.5
22,U02.6
22,U01.8
21.7
22.0
230.2
226.8
1,700.0
1,699.2
1,799.8
1,799.9
91
91
91
92
1,527-7
l,Ui*6.li
l,l*l*l*.l
1,1*1*0.3
281*.
261* .6
331*.
276.1*
1,700.0
1,800.8
1,800.2
22,1*00.9
22,1*00.6
22,1*00.7
22,500.6
22,599-7
22,699.1
23
,001*
.1*
23.1*09.6
23,1*12.7
23,1*15.5
Tax anticipation blllai
I958-N0T. 20p
71*7.1*
2,996.7
Other bills:
1958-Oct.
8p 2/
May
15
2,735.1*
..
..
Treasury Bulletin
28
.DEBT OPERATIONS.
Table 3.- Summary of New Money Financing through Treasury Bills
(Dollar aaounte In mllllopa)
Hew Boney ralaed froa
Deaorlptlon of issua
Nunber of
daya to
Maturity
date
Issue
data
Aaount
of bids
tendered
AiBount
of blda
accepted
Average rate
on bids
accepted l/
aturlty
Increase In regular weekly bills,
or decrease (-)
(Itercent)
;953-Apr. 23..
May
Hay
Hay
7..
21..
28..
1953 -Culy
Aug.
Aug.
Aug.
23
91
2,202
1,501
2.320
100
6
91
91
91
2,166
2.352
2.092
2,087
1,500
1,501
1,501
200
200
200
800
1,500
l.UOO
1,501
1,500
2.383
91
91
1,676
1,782
2,290
2,207
1,985
1.95'.
199
198
300
300
8
15
91
91
91
2,192
2,167
2,277
1,500
1,501
1,500
2.106
2.007
2.106
300
100
100
20
27
June 3 .
June U.
June 11.
Juna IB..
June 25..
Sept. 18
Sept. 3
Sept. 10
Sept. 17
Sept. 2l4
July 2..
July 9..
July 16..
Oct.
Oct.
Oct.
1
107
91
91
2,3l<0
2.08I1
2.1.16
2.323
2.228
Sept. 10..
Dec.
10
91
2,023
1,501
1.953
19511-Mar. 22..
195^1 -June
21i
91.
2,717
1,501
.956
Apr. 27..
June
18
52
2,987
1,001
.726
1955 -July 7..
July Ih..
July 21..
July 28..
1955 -Oct.
Oct.
Oct.
Oct.
6
20
27
91
91
91
91
2,119
2,258
2,390
2,ll03
1,600
1,600
1,600
1,601
1.606
1.619
1.720
99
100
100
100
2,328
2,292
2,369
2,178
1,601
1,601
1,601
1,600
1.850
1.889
1.888
1.875
100
98
100
100
2,202
2,282
2.088
2.135
2.10U
1.981
2.122
99
102
99
98
101
2.1.65
Aug. !>..
Aug. 11..
Aug. 18...
Aug. 25..
Hot.
Hot.
Hot.
Hot.
Sept. 1..
Sept. 8..,
Sept. 15...
Sept .22..,
Sept .29...
Dec
Dec.
Deo.
Dec.
Dec.
Dec. 15...
1956-Oct. 17...
13
10
17
91
91
91
25
92
15
2,6511
22
29
91
91
91
91
91
2,328
2,317
1,600
1,602
i,6oe
1,601
1,601
1956-Mar.
23
99
U,130
1,501
1957 -J«n.
16
91
'•,761
1,603
3
Mot. 16...
Feb.
15
91
Dec. 17...
Mar.
22
95
3,786
1957 -Jan. 16...
Jan. 31...
June
May
2U
2
159
91
a.iiiii
Teb. 7...
reb. 11»...
Tab. 15...
yeb. 21...
Feb. 26...
May
May
June
May
May
9
16
2U
23
31
91
91
129
91
92
2,626
2,719
2,3oe
2,580
Mar. 7..
Mar. lU...
June
6
jTine
13
91
91
2,769
2,830
May
July
27...
3...
Sept. 23
1958-Har.
2,621.
2. 71.1
119
3,689
21i
261.
'',5'.7
Aug. 21...
Apr
15
237
3,178
Dec. 19...
Dec. 26..
Mar.
Mar.
20
27
91
91
2,31.8
2,1.16
195e-Jan. 2..
Jan. 9 .
Jan. 16.
Jan. 23..
Apr.
Apr
Apr.
Apr.
3
91
91
91
91
2,388
10
17
Mar. 13..
June
12
91
Sept. 11...
Sept. 18...
Sept.25...
Dec.
Doc.
Dec.
11
18
91
91
26
92
Oct. 2...
Oct. 8p,.
Oct. 9...
Oct. 16 p.
Oct. 23 p.
Oct. 30 p.
1959 -Jan.
Hot. 6 p.
Hot. 13 p.
Hot. 20 p.
May
Jan.
Jan.
Jan.
Jan.
2lt
2
15
8
15
22
29
FBb.
Feb.
5
13
June
22
96
219
91
91
91
91
91
92
2lU
2,1*30
2,682
2,751
2,U36
2,550
2,636
2,576
2,291
5,805
2,382
3,088
2,987
2,872
2,8lU
2,857
5,950
1.51.1
Tax anticipation bills
•
Other
bills
.
December 1958
29
.DEBT OPKRATIOHS.
Table 4.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Date
aubacrlptlon
boolC3 were
opened
Date
of
leaue
Aaoupt laauad
Amount of
Period to -
BulJecrlptlooa
Deecrlption of aecurity
tendered
Maturity
Caah 1/
Ezcbange
For
caah 1/
In exchange
for other
aecurltlea 2/
(Tn BllllGoe of dollara)
Vl/53
2-1 A* Certificate
2-1/2* Boni
1-1/2* Bote
*/l/58-»
5 jr
5^0/53
5/1/53
6/1/53
3-1 A* Bonl
2-5/8* Certlfloata
6/15/78-83
6/l/5*-B
30 yr
1 jr
7/6/53
7/15/53
2-1/2* Certificate
3/22 /5*-C
8/15/53
(tax aUt. 1/)
2-5/8* Oertlfloate -
2/15/53
2/15/53
2/2/53
y
"•/U/SS
8/5/53
9/2/53
y
10/28/53
U/18/53
9/15/53
9/15/53
10/1/53
2-5/8* Certificate
2-7/8* ote
1-1/2* Rote
11/9/53
2 -3
12/1/53
2/15/53
1-7/8* Rote
2-1/2* Bonl
2/15/5".
1-5/8* Certificate
2-1/2* Bonl
1-1/2* Rota
2/15/5*
'./1/51.
i/
5/5/5^
7/21/5*
A*
2/15/5*-*
12/15/58 J/
Bond
5/17/5*
1-7/8* Rote
5/17/5*
8/S/5*
1-1/8* Certificate
Certificate
1*
-
8,U*
1 jr
5 jr
10
B
383
383
25 yr
li
5,250
*18 5/
*,858
1,188
*18 5/
*,858
5,9oe
8,687
8/l5/5*-D
8,11*
620
620
1 TT
2,788
2,786
1 jr
*,72*
2,997
121
*,72*
2,997
121
9/l5/5*-S
3/15/57-A
10/1/58-K)
3 jr
9/15/61
7 yr
12/l5/5*-B
12/15/58 1/
2/15/55-A
11/15/61
*/l/59-KA
1 jr
5 jr
5 jr
i
10
1 jr
7
jrr
5 jr
2/15/59-A
* jr
5/17/55-B
3/22/55 -C
1 JT
8/15/55-D ii/
11/15/60
5/15/57-B
1 yr
6 yr
2 yr
2,239
12,5*3
10
8,175
1,7*8
8,175
1,7*8
7,007
11,177
119
7,007
11,177
U9
2,205
9,750
2,897
3,886
2,897
3.886
9,250
7i
3,73*
(tai ant. 11/)
8/15/5*
8/15/5*
8/3/51'
9/«i/5l>
10
A /5*
10/1/5*
uyfea/jk
8/15/5*
12/15/5*
12/15/5*
2/1/55
2/15/55
2/15/55
2/15/55
3/fe2/55
*/l/55
*/l/55
!i/
1-1/8* Certificate
2-1/8*
1-5/8* Rote
-
1-1/2* Rote
-
1-1/8* Oertlfloate
1-lA* Certificate
2-1/2* Bool
-
-
-
10/1/59-K)
8/15/55-1) li/
12/15/55-R
8/15/63
*/l/60-IA
5 yr
8/15/56-B 11/
1 yr
3/22/56-A
7/U/55
2/15/55
1-7/8* Ceirtlfloate (tax ant. 12/)
Bond
3*
-
6/22 /56-B
-
8/15/56-B 11/
-
6/22/56 -C
8/1/55
2*
5/17/55
2*
Rote
7/20/55
3/5/56
2-1 A* Certificate
f
12/1/55
2-5/8* Certificate
l
12/1/55
2-7/8* Rote
2-5/8* Certificate
2-7/8* Rote
1
*/l/56
i/
7/16/56
8/6/56
7/16/56
8/15/56
*/
10/1/56
2A/57
3/18/57
-
Certificate (tax ant. 2X/)
Certificate -
12/1/56
3-iA*
1 12/1/56
3-1 A*
[2/15/57
12/15/57
3-3/8* Certificate
3-1/2* Rote
-
2/15/57
2/15/57
3-3/8* Certificate
3-1/2* Rote
-
f
J
I
it/
1
2/15/95 15/
3,210
196
198
3
)
)
3,989
3,17*
10^
)
3,17*
2,202
10,620
821
1,720
*0 yr
2,532
1,*86
1,*86
1 yr
3
6,8*1
6,8*1
8
)
2,970
8,778
5 yr
278
278
12/1/56-D
1 jr
9,083
9,083
6/15/58-A 2*/
2 yr
2,283
2,283
7,219
2,109
7,219
2,109
2/15/57-A
6/15/58-A g*/
*/l/6l-KA
5 jr
1**
1**
1 TT
12,056
12,056
332
1,312
B
7,271
7,271
3
B
8,*1*
1,*6*
8,*1*
1,*6*
3
B
10
I3 jr
^
V/I/57I
332
1,312
riTT
2/l*/58-A) 28^
5/15/60-At
*/l5/58-B
2/15/62-A
3,221
6i B
5 TT
lO/l/57-D
k/l/62-KA
1
10,613
2/i*/5e-Ai
5/l5/60-Af
1-1/2*
6
2 jr
6/2*/57-C
3-1/2* Certificate
3-5/8* Rote
Footnotes at end of table
b
lO/l/60-W
*/l/57
5/6/57
H
8
1-1/2* Rote
2 -3 A* Rota
8/1/57-D
2-3A* Certificate - 3/22 /57-B
(tax ant. 25/)
10/1/61-10
1-1/2* Rota
U/19/56
b
1
6
^)
10/1/55
3/5/56
12/1/55
2 yr
*0 yr
8
^)
(tax ant.
1-1/2* Rote
r
8,*72
3,792
1,92*
1-1/2* Rote
7/18/55
U/28/55
8,*72
3,792
1,92*
1 yr
7,938
7/8/55
lO/u/55
*,919
5,359
6,755
6/22 /55-»
2*
10/3/55
*,919
5,359
6,755
1-3/8* Certificate (tax ant. 16/)
5/17/55
^
99
1 jr
3/15/56-A
8/15/57-C
2/15/95 15/
Certificate
(tax ant.
*,155
8,190
99
1-5/8* Rote
Rote
2*
Bonl
3*
Rote
7im
5 yr
1 yr
8 yr
5/3/55
3,55^
3,806
3,558
3,806
3
fljr
13 TT
2,*37
9*2
T,*89
5,868
5 jr
551
551
TT
2,351
6*7
2,351
6*7
*
(Cootlnuad on follovlng page)
Treasury Bulletin
30
.DEBT OPERATIONS.
Table 4.- Offerings of Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness - (Continued!
Date
aubecrlptlon
books were
opened
Date
of
Issue
Amount issued
Amount of
subscriptions
tendered
Description of security
Maturity
Cash 1/
Allotment
For
cash 1/
Exchange
In exchange
ratio
for other
securities 2/
(In millions of dollars)
-
Certificate
Note
Bond
-
7/22/57
8/1/57
8/1/57
L 8/1/57
3-5/8j6 Certificate
lift
Certificate
U)t
Note
8/1/57
9/26/57
I10/1/57
Itjt
9/16/57
!t/
10/1/57
11/20/57
[11/29/57
1 12/2/57
11/21/57
12/1/57
2/28/58
tit
31/
16
-
12/1/58-D
1
yr
9,833
9,833
-
2/11. /59-A
yr
yr
yr
9,770
9,770
3,851.
3,851.
2/15/90
1,727
1,727
2/15/61.
55m
651.
l,U8i.
6,715
8/15/65
yr
1./1/63-KA
2/15/63-A
yr
yr
10
in
15,71.1
3,971
5/15/85
11
m
2,570
1,135
5/15/59-B
2/15/65
11
m
6
yr
1
yr
U/15/58
6/3/58
3-l/'>* Bond
6/U/58
[6/15/58
16/15/58
l-l/U* Certificate
2-5/8* Bond
-
7/21/58
8/1/58
1-5/8* Certificate
-
8/1/59-C
7/29/58
8/6/58
1-1/2* Certificate (tax ant. Ul/)
1-1/2* Note
3/2l>/59-D
-1/2* Note
9/29/58
10/10/58
3
11/19/58
fl2/l/58
112/1/58
3-3/6* Certificate
3-5/8* Note
-
5
yr
11/15/59-B
1
yr
5/15/61-B
2
yr
Bureau of the Public Debt. Preliminary flgurea are frcaa aubecrlptlon and allotment reports; final figures are co "clearaiwje"
basis In dally Treasury statement.
1/ Conelate of all public cash aubscrlptlona and aubacrlptlone by
United States Government Investment accounts.
2/ For maturing securities exchanged for the new lasues, see Table 6.
i/ The 2-1/2% bonds dated February 15, 1953, '-ere reopened with all
the bonda of the aeries Identical in all reapecta, as an exchange
offering for the 2-l/8% notes which matured December 1, 1953Total exchanges In the two offerings amounted to $2,368 million.
Exchange offering available to owners of nonmarke table 2-3/U%
\iJ
Treasury Bonda, Inveatment Series B-1975-60, dated April 1, I95I.
For further Information on the original offering see "Treasury
Bulletin" for April 1951, page A-1. Amounts ahown are as of
November 30 I958.
^' The bond offering was made available for exchange of Series F and
G savings bonda maturing from May 1 through December 31, 1953*
6/ Total allotments en cash subscriptions were limited to approximately
$1,000 million. Nonbank subscriptions In amounts up to and Including
$5,000 were allotted In full. All other aubacrlptlona were allotted
20 percent. Commercial banks* subacrlptlcna were restricted to an
amount not exceeding 5 percent of their time depoalts as of
December 31, 1952. The Treasury also reserved the right to allot
limited amounts of these bonds to Government Inveatment accounts,
which aubacrlbed to a total amount of $ll8 million. Payment for the
bonda allotted could be made with eiccrued Interest at any time not
later than July 31, 1953.
jj Alao designated tax anticipation certificates, acceptable at par plus
accrued interest to maturity In payment of Income and proflte taxes
due March 15, 195**.
8/ Subacrlptlcna for amounts up to and Including $100,000 were allotted
In full,
Subacrlptlcna for amounts over $100,000 were allotted 6?
percent but In no cage leas than $100,000.
2/ Subacrlptlcna for amounts up to and including $10,000 were allotted
1.3
1.3
13111
100
[100
100
3,567
l,l81.p
2,686p
11/15/59-H;
100
hOj
13,500p
13,500p
[
22/
1,817
7,388
1,817
7,388
100
28/
533
533
5,962
10/1/63 -EO
26/
21/
1,11*3
7,786
3,817
Bond
6/3/58
Source:
590
ll|m
115m
2it/
100
590
yr
yr
3%
10/1/58
}
5
yr
100 32/
933
2,000
657
l.,61.8
1.
U/7/58
t/
9,871
10,U67
2,509
11/15/62 -C
U/15/7't
2/28/58
'./1/58
3,067
6,121
8/1/58-C 20/
8/15/62 -B li/
10/1/69
100
100
100
10/1/62 -EO
1-1/2* Note
2-5/8* Note
!t/
9,871
10,U87
2,509
Note
3-7/8J Bond
3-3/''* Certificate
2-1/2% Certificate
Bond
316
3-1/2* Bond
2/l'*/58
12/1/57-1
8/1/58-c 20/
8/1/61-A il/
l-l/21t Note
3-3/li)fc
2/1U/58
'2/11. /58
2/3/58
Uit
-
100
100
100
100
!ii/
7,708p
7,708p
lt,079p
i*,079P
in full.
Subscriptions from mutual savings banks, Inauremce companlea, penalon and retirement funds, and State and local governments
were allotted 2U percent. All others. Including conmercial banks,
were allotted 16 percent but not less than $10,000 on any cne
subscription.
10/ Subacrlptlone for amoints up to and including $10,000 were allotted
in full.
All other aubacrlptlona were allotted 22 percent but In no
caae leas than $10,000.
Alao
11/
designated tax anticipation certlflcatea, acceptable at par plua
accrued interest to maturity In payment of Income and profits taxes
due March 15, 195512/ Subscriptions for amounts up to and Including $50,000 were allotted
in full.
Subscriptions for amounts over $50,000 were allotted
'lO percent but In no case less than $50,000.
13/ The l-l/8^t certificates dated August 15, 195^, were reopened with
all the certificates of the aeries identical in all respects, ae an
exchange offering for the 1-7/8% notes which matured December 15,
I95U, the 2% bonds which matured December 15, I95U, and the 2% bonds
which were called for redemption on December 15, I95U
Total exchanges in the two offerings amounted to $8,1*77 million,
Subscriptions for amounts up to and Including $50,000 were allotted
Ifr/
In full.
Subscriptions for amounts over $50,000 were allotted 50
percent but in no case lees than $50,000.
1^ The 3% bonds dated February 15, 1955, were reopened with all the bonds
of the series Identical In all reapecta, as an additional caah offering
on July 11, 1955, for payment July 20, 1955* The total amount laaued
in the two operationa was $2,7^5 million.
16/ Also designated tax anticipation certificates, acceptable at par plus
accrued Interest to maturity In payment of income and profits taxea
due June 15, 1955.
17/ The 2% notes dated May I7, 1955, were reopened with all the notes of
the series identical in all reapecta, as an exchange offering for the
1-1/8% certificates maturing August 15, 1955. Total exchangee In the
two offerings amounted to $10,015 million.
Remaining footnotes on following page.
.
December 1958
.DEBT OPERATIONS.
Footnotes to Table 4
18/
Ig./
20/
21/
22/
23/
2U/
2^/
26/
27/
28/
29/
30/
31/
Cash Bubscriptlons for $100,000 or less were allotted In full. Subacrlptlone for more than $100,000 were allotted 62 percent but in no
caee leee than $100,000.
Also designated tax anticipation certificates, acceptable at par plui
accrued interest to maturity In payment of Income and profits taxes
due March 1^, I956.
Subscriptions for $100,000 or lees were allotted In full. Subscriptions for more than $1C0,000 were allotted 19 percent but In no case
leas than $100,000,
Subscriptions from savings-type Investors totaled $7^9 million and
were allotted 65 percent.
Subscriptions from all other Inveetora
totaled $970 million and were allotted 30 percent. Subscriptions
for $25,000 or less were allotted in full.
Subscriptions for more
than $25,000 were allotted not leas than $25,000. In addition to the
amount allotted to the public, $25 million of the bonds were allotted
to Government Investment accounts.
Savings-type Investors were given
the privilege of deferring payment for the bonds, provided that not
leee than 25 percent of the bonds allotted were paid for by July 20,
1955, not leas than 60 percent by September 1, 1955, Euid full payTnent
by October 3, 1955.
Also designated tax anticipation certificates, acceptable at par plus
accrued Interest to maturity in payment of Income and profits taxes
due June 15, 1956.
Subscriptions for $100,000 or leas were allotted in full. Subscriptions for more than $100,000 were 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, 1956. Total exchanges in the two offerings amounted to $1»,392 million.
Also designated tax anticipation certificates, acceptable at par plus
accrued Interest to maturity in payment of Income and profits taxes
due March 15, 1957Subecrlptlona for $100,000 or less were allotted in full. Subscriptlone for more than $100,000 were allotted 29 percent but In no case
less than $100,000.
Also designated tax anticipation certificates, acceptable at par plus
accrued intereat to maturity in payment of income and profits taxes
due June 15, 1957.
The 3-3/8% certificates dated February 15, 1957, and the 3-l/2% notes
dated February 15, 1957, were reopened with all the certificates and
notes of each serlea identical In all respects, as an additional cash
offering on March I8, 1957, for payTnent March 28, 1957. Total isauea
In the two offerings amounted to $10,851 million for the certlflcetee
and $2,1*06 million for the notes.
Subscriptions In excess of $100,000 were allotted 3I percent for the
certificates and 12 percent for the notes. Subscriptions for $100, OOi
or leee for both issues were allotted in full and subscriptions for
more than $100,000 were allotted not leas than $100,000. In addition
to the amount allotted to the public, $100 million of the notea were
allotted to Government InvestTient accounts.
The U% certificates dated August 1, 1957, were reopened with all the
certificates of the aeries identical in all respects, as an addltlona.
cash offering on September I6, 1957, for payinent September 26, 1957.
The total amount issued In the two operations was $11,519 million.
Redeemable at th^ option of the holder on August 1, 1959, on -Jiree
months' advance notice.
^2/
^^y
^U/
j_^/
35/
-i-fl
j8/
^£/
Uo/
Ul/
U2/
Uj/
p
(Continued)
-
In addition to~t^e~amounta laeued In exchange, the Treasury allotted
$100 million of each lasue to Government investment accounts.
Redeemable at the option of the holder on February 15, I960, on three
months' advance notice.
Subscriptions in excess of $100,000 were allotted 22 percent for the
certificates and 28 percent for the notes. Subscriptions for $100,000
or lesa for both issues were allotted in full, and aubscriptione for
In addition
more than $100,000 were allotted not less than $100,000.
to the amounts allotted to the public, $100 million of each issue
accounts.
Government
inveetment
were allotted to
Subscriptions for $50,000 or leas were allotted In full. Subscrlptlcxia for more than $50,000 were allotted 10 percent but in no case
less than-$50,000. In addition to the amount allotted to the public,
$100 million of the bonds were allotted to Government Investment
accounts. Payment for not mere than 50 percent of the bonds allotted
could be deferred until not later than October 21, 1957.
Subscriptions for $10,000 or leas were allotted In full. Subscriptions for more than $10,000 were allotted 25 percent to aavlngs-type
Investors and 12 percent to all other subscribers, but in no case
In addition to the amount allotted to the public,
less than $10,000.
$100 million of the notes were allotted to Government Investment
accounts.
Subscriptions for $10,000 or leaa were allotted in full. Subscriptions for more than $10,000 were allotted 26 percent to savings-type
Investors and 10 percent to all other subscribers, but In no case
lesa than $10,000. In addition to the amount allotted to the public,
$100 million of the bonds were allotted to Government investment
accounts.
Subscriptions for $10,000 or less were allotted In full. Subscriptions for more than $10,000 were allotted 20 percent but In no caee
leee than $10,000. In addition to the amount allotted to the public,
$100 million of the bonda were allotted to Government investment
accounts.
Subscriptiona for $25,000 or lesa were allotted In full. Subscriptions for more than $25,000 were allotted 21* percent but in no case
leaa than $25,000. In addition to the amount allotted to the public,
$100 million of the notes were allotted to Government investment
accounts.
Subacrlptlons for $5,000 or leaa were allotted in full. Subscriptions
for more than $5,000 were allotted 60 percent to savings-type investors, 1*0 percent to commercial banks for their own account, and
25 percent to all other subscribers, but In no case less then $5,000.
In addition to the amount allotted to the public, $100 million of the
bonds were ellotted to Government investment accounts.
Also designated tax anticipation certificates, acceptable at par plus
accrued interest to maturity In payment of income and profits taxes
due March 15, 1959Subscriptions for $100,000 or less were allotted in full. Subscriptions
for more than $100,000 were allotted 59 percent but in no case less than
$100,000.
Subscriptions for $50,000 or less were allotted in full. Subscriptions
for more than $50,000 were allotted 35 percent but in no case lesa than
$50,000. In addition to the amount allotted to the public, $100 million
of the notea were allotted to Government investjnent accounts.
Preliminary.
Treasury Bulletin
32
.DEBT OPERATIONS.
Table 5.- Allotments by Investor Classes on Subscriptions for Marketable Issues of Treasury
Bonds, Notes, and Certificates of Indebtedness i/
(In
laoue
mlllloM of
dollM:»)
December 19^8
33
.DEBT OPERATIONS.
Table 5.- AllotmentB by Investor Classes on Subscriptions for Marketable Issues of Treasury
Bonds, Notes, and Certificates of Indebtedness V- (Continued)
(In Blllloiu of dollar
)
Treasury Bulletin
3'^
.DEBT OPERATIONS.
Table 6.- DlBposition of Matured Marketable Issubb of Treasury Bonds, Notes,
and Certificates of Indebtedness
35
December 1958
.DEBT OPERATIONS.
Table 6.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness
Called or maturing aecurity Xl
leeue
date
Description
(Continued)
ik/-
Results of exchange offers
Disposition offers
by Treasury
AoDunt
outstanding
Cash
retirement
Exchange
security
offered
Exchanged
Description of new
security offered
(See also Table U)
Turned
In for
cash 2/
(In Billions of dollars)
l-5/8lt note
-
3/15/56-A
2/15/55
1-1/2* Bote
-
l./l/56-KA
I./I/51
8,U72
(6,215
[2,109
1,007
1,007
1,005
2
9,1.79
9,1.79
9,328
151
11.8
2/15/57-A
6/15/58-A
(2-5/8* Certificate
12-7/8* Note
2-5/8* Certificate - 2/15/57-A
7,219 of 2-5/8* Certificate
(2,109 of 2-7/8* Note li/
J
,1-7/8* Certificate
-
3/22/56-A
7/18/55
2,202
Certificate
-
6/22/56-B
8/1/55
1,1.86
1,U86 16/
2-l/U* Certificate
-
6/22/56-C
10/11/55
2,970
2,970 16/
Note
1-1/2* Bote
-
8/15/56-B
10/1/36 -K)
5/17/55
10/1/51
12,51.7
159 11/
12,388
550
11,528
528
860
22
159
12,938
12,056
882
1,312
7,271
500
(3-1/1.* Certificate \3-l/l.* Certificate -
6/2I./57-C IB/
10/1/57 -D
[3-3/8* Certificate
(3-1/2* Note
2/11./58-A
282
578
(3-3/8* Certificate |3-l/2* Note
2/1U/58-A
5/15/60-A
-
2/11./58-A
2*
2*
,
8,1.72
-
Total
2,202 15/
550
13,097
2-3/1.* Bond
-9/15/56-59
9/15/36
2-5/8* Certificate
-
I2/I/56-D
12/1/55
9,083
9,083
2-5/e* Certificate
-
2/15/57-A
3/5/56
7,219
7,219
2-7/8* Note
-
3/15/57-A
9/15/53
2,997
2,997
1,1.98
1-1/2* Bote
-
I./1/57-EA
1./I/52
531
531
522
9
9,878
870
982
|6,39l.
Total
51.3
920
10,71.7
10,71.7
2-3/1.* Certificate
3/22/57-B
8/15/56
3,221
1-5/8* Note
-
5/15/57--B
iO/l./51.
l.,155
It,
1,3-2
2-3/1.* Note
8/1/57 -D
7/16/56
12,056
8/15/57-C
2/15/55
3,792
3,792
3-1/1.* Certificate - lO/l/57-D
12/1/56
7,271
7,271
8,893
1,783
1,039
3te
3-5/8* Certificate
Certificate
1.*
U*
Note
12/1/57-E
8/1/58-C
8/1/61-A
978
327
{:: 118
3-5/8* Certificate
369
12/1/57-E
8/1/58-C
8/1/61-A
-10/1/57-IC
10/1/52
821.
821.
12,056
[6,631.
1
319
r
71.3
318
1.9
U*
U*
Certificate
Note
fl.*
Certificate
Note
11.*
fl.*
32
9,871
23,91.3
23,9'>3
10,1.87
22,866
2,509
3-5/8* Certificate
-
3-3/8* Certificate
-
2-1/2* Bond
1-1/2* Note
12/1/57-E
8/1/57
9,971
2/l'./5S-A
2/15/57
10,851
10,851
-
3/15/56-58
6/2A1
1,1.1.9
l,i.U9
592
350
-
1./1/58-EA
1./1/53
383
383
115
25
1./15/58
Treasury bills
(Special Issue; see Table 2)
8/21/57
1,751
1,751
I./15/58-B
5/1/57
9,971
9,833
-
1,980
1,121
257
'2-1/2* Certificate
Bond
3*
3-1/2* Bond
161.
I9U
1.9
677
372
607
96
1,061.
2,351
2,351
796
135
16,785
16,785
15,351
357
1,1.33
-
8/1/58-C
8/1/61-A
8/1/58-C
8/1/61-A
of 3-5/8* Certificate
Certificate
of U*
Note
of 1.*
3-3/1.* Certificate
31.3
-
-
Certificate
Note
138
7,1.93
3-1/2* Certificate
I./15/58-B
2/15/62 -A
3-1/2* Certificate
3-5/8* Note
K
1,312 20/
12/1/56
Total
CertI
of 3-3/8* Certificate
of 3-1/2* Note
157
2,351
6U7
155
1
2*
5/15/60-A
3,221 12/
3-1/1.* Certificate - 6/2U/57-C
1-1/2* Note
3-3/8* Certificate
,I.1U
(8,1.11.
,1.61.
ll,'*'
-
-
S/1/57-D
2-3/1.* Note
-
I2/I/58-D
.
Treasury Balleiin
36
.DEBT OPERATIOHS.
Table 6.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes,
and Certificates of Indebtedness &/•
laeue
date
Deacrlptlon
B«sults of exchange offers
Disposition offers
by Treasury
Called or maturing security l/
Date of
refunding
or retirement
(Continued)
Amount
outstanding
Cash
retirement
Description of new
security offered
(See also Table h)
Turned
Exohange
security
offered
changed
in for
cash 2/
(In millions of dollars)
2-7/8* Note
2 -3
A*
Bond
6/15/58-A
12/1/55
"•,392
•,392
6/15/58-63
6/15/38
919
919
1,015
3,195
181
91
800
28
710
,3,392
1U3
9,201t
351
,
6/15/58
"
2-3/8* Bond
6/15/58
7/1/52
I*,2li5
li,2li5
9,555
9,555
June *58
2-5/8* Bond
2/15/65
6/15/58
lou 21/
July "58
2-5/8* Bond
2/15/65
6/15/58
367 21/
Certificate8/1/58-O
...
,
Bond
-9/15/56-5922/
1.*
-
2-lA*
2-3/8* Bond
-3/15/57-5922/
8/1/57
2/1A''
3/1/52
Total
Certificate-
^3-3A*
12/1/58
2-1/2* Bond
Total.
12/1/58-D
12/15/58
12/1/57
2/15/53
11,519
3,818
927
927
l6,261t
16,261*
9,833
9,833
10,63itp
2,206p
660p
267P
13,500p
2,76Up
.
2,368
12,201
12,201
22/
33/
lU/
16/
il/
12/
20/
21/
22/
P
3,299p
l,276p
78OP
H,787p
-
[2-5/8* Bond
-
1-l/U* Certificate
[2-5/8* Bond
-
f
I
-
5/15/59-B
2/15/65
5/15/59-B
2/15/65
5/15/59-B
2/15/65
of l-l/lt* Certificate
of 2-5/8* Bond
1,817
7,388
885P
l,6l2p
6,li32p
2,368
Source: Bureau of the Public Debt.
Preliminary figures are from subscription and allotment reports; final figures are on "clearance"
basis In dally Treasury statement.
1/ Original call and maturity dates are used.
2/ All by ijlTeetora other than Federal Reserve BanJcs.
i/ For breakdown of total exchanges between the two new securities,
see Table U.
The 2-1/2* bonds maturing December 15, 1958, were reopened for the
Jt/
December 1, 1953, refunding (see Table U),
5/ On November 9, 1953, the Treasury purchased from the Federal
Reserve System and retired $500 million of the 2-1/8* Treasury
notes maturing December 1, 1953- For further detail see "Treasury
Bulletin" for November 1953, page A-1.
6/ It had been announced that holders of these bonds would be given
an opportunity to exchange them for another Treasury issue after
February 15, 195**. This exchange offering was Included In the
re fund lugs of Mey 17, 195I1
Tax
anticipation series; $2,669 million redeemd for taxes due
2/
March 15, I95U and $3,233 million redeemed for cash.
8/ The 1-1/8* certificates maturing August 15, 1955, were reopened
for the December 15, 195^, refunding (see Table U),
2/ Tax anticipation series; $2,216 million redeemed for taxes due
March 15, 1955, and $l,5l8 million redeemed for cash.
10/ The 2* notes maturing August 15, I956, were reopened for the
August 1, 1955, refunding (see Table M,
11/ Tax anticipation series; $1,917 million redeen»d for taxes due
June 15, 1955, and $1,293 million redeemed for cash.
,
11,519
3,818
-
fl-lA* Certificate
f
Total
8/1/58
1-l/U* Certificate
[2-5/8* Bond
f
lOlp
1-5/8* Certificate
Certificate
(3-3/8*
-
UlUp
.
,
3
.
-5/8* Note
r3-3/8* Certificate
[3-5/8* Note
1
312p
8/1/59 -C
-
11/15/59-S
5/15/61-B
ll/15/59-E
5/15/61-B
'7,708p of 3-3/8* Certificate
[li,079p of 3-5/8* Note
Alao designated tai anticipation certificates, acceptable at par
plufl accrued Interest to maturity in payment of Irxjome and profits
taxes due June 15, 1956.
The 2-7/8^ notea maturing June 15, 1958, were reopened for the
March 5, 1956, refunding (see Table U).
Also Treasury bills In the refunding of February Ik, I958.
Tax anticipation aeries; $1,67!* million redeemed for taiea due
March I5, 1956, and $528 million redeemed for caah.
Tax anticipation aeries; of the 2% certificates $1,013 million
were redeemed for taxes and $1*73 million for cash; and of the 2-lA%
certlficatae H,£91 million were redeemed for taxes and $1,079
million for cash.
During June 1956, $159 million of 2^ Treasury notea maturing Ai«uat 15,
1956, were purchased by the Treasury for account of the Sinking Fund
and retired.
Also designated tax anticipation certificates, acceptable at par plus
accrued interest to maturity In payment of income and profits taxes
due June 15, 1957.
Tax anticipation aeries; $1,922 million redeemed for taxes due
March 15, 1957, and $1,299 million redeemed for caah.
Tax anticipation series; $620 million redeemed for taxes due
June 15, 1957, and $692 million redeemed for cash.
During June and July 1958, $1*91 million of the 2-5/8^ Treasury bonds
of 1965 were purchased by the Treasury for retirement under Section 19
of the Second Liberty Bond Act, as amended (31 U.S.C, 75l*a),
Called on May lU, 1958, for redemption on September 15, 1958.
Preliminary.
December 1958
37
.UNITED STATES SAYIRGS BONDS.
United States savlnge bonds were flret offered In
March 1935 and began to mature In March 19't5. Series A-D
were sold between March 1935 and the end of April ig'H,
and Series E, F, and 3 were flret 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;
to retain them with an extended maturity of 10 years at
specified rates of Interest accrual; or to exchange them
A number of changes became effective
for Series G bonds.
The principal ones were: The rate of
May 1, 1952.
Interest accrual on Series E was Increased, especially for
the near term, with corresponding changes In extended
were replaced by two new
Series E; and Series F and
Issues, Series J and K, also at higher Interest rates.
A new current-Income bond. Series H, similar In Interest
return to Series E, was offered beginning June 1.
Details
of these changes appear In the May 1952 Bulletin, page A-1.
for the
began to mature on May 1, 1953Series F and
exchange offering made to holders of these bonds maturing
throuph December 3I, 1953, s^^ ^^^ ^^ 1953 Issue, page A-1.
Sales of Series JandK were discontinued after April 30,1957.
An Increase In Interest rates on Series Band H was announced
on April 20,1957, retroactive to February 1. Details of the
In
changes appear In the May 1957 Bulletin, page A-1.
the tables which follow. Series A-F and J sales are Included
at Issue price and total redemptions and amounts outstanding
Series G, H, and K are
at current redemption values.
Included at face value throughout. Matured bonds which
have been redeemed are Included In redemptions. Matured
F and G bonds outstanding are Included In the Interestbearing debt until all bonds of the annual series have
matured, when they are transferred to matured debt upon
which Interest has ceased.
Table 1.- Sales and Redemptions by Series, Cumulative through October 31, 1958
(Dollar amounte IQ mllllonB)
..
...
.
Treasury Bulletin
3«
.UNITED STAIES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series B through K
(in millions of dollara)
Accrued
discount
Amount outatandlng
Redemptlona i/
Salea plus
accrued
dlacount
sales
price t/
^
Accrued
dlacount
^
Intereat-bearlng
debt
Serlee E and H combined
Fiscal years:
191*1-1951
1952
1953
1951*
61,969
3,296
li,06l
U,653
5,225
5,260
6/
1955 5/
1956
1957
1938
"•.SlS
I*
Calendar years:
191. 1-1951
,670
63,520
3,575
U,368
U,889
5,368
1952
1953
WSit
1955
1956
1957
5,01.3
'',507
l.,70l.
66,673
32,167
1,111
1,120
1,126
1,123
U,1.07
l»,008
5,181
5,779
I*,
6,3118
6,371'
5,71*6
I., 51*1.
038
'',31*5
31,169
3,583
3,538
3,791
3,909
l<,730
1.25
500
551.
636
658
311,506
311,905
36,01*8
37,1*82
39,285
1*0,929
U1,1.96
5,831
5,176
5,187
11,072
li,U60
U,li72
5,252
1,120
1,128
1,126
1,113
1,12 It
68,773
31., 01*5
32,861.
i<,69li
11,098
i*,157
6,015
6,U8l
6,167
li,l.lil*
3,622
3,625
3,909
1,181
U76
531
535
,652
3,9119
7oe
11,832
l.,l6i.
668
1,1''3
5,61*9
5,1*69
U,697
772
111,398
1.1,578
518
379
396
1.63
55
111, 686
292
333
87
ltl,801
63
111,911
1*1,985
1.2,061
l,llli
1,133
1,161
5,1*96
I*
716
715
1*2
,
lli2
311,727
35,321*
36,663
38,233
UO,063
Months:
1958 -January..
Fe bruary
March
510
U07
U18
116
626
87
88
1.9U
April
May
June
398
368
376
88
91
U86
U59
1*12
351*
58
383
116
1*92
lill
350
369
33
U£
July
August. .
September
Ul8
369
115
91
533
I1I7
362
55
U2 ,258
1*60
31.0
111
552
93
1*1*5
380
397
333
1.2,338
1.8,386
October..
378
81
1(59
1)07
351
56
U2,U38
65
23,066
22,780
21,837
20,579
19,080
16,568
506
1.2,11.2
Serlee F, G, J, and K combined
Fiscal years:
191.1-1951
1952
1953
27,876
629
501
BUi
1,2U9
586
268
6/
1955 6/
1956
1957
1958
1951.
5,227
1,012
1,552
2,152
2,692
3,105
5.162
990
1,511
2,071
352
65
3,771-
3,612
3,226
162
28,633
686
5,771*
5,698
908
1,909
76
21
59
98
138
167
160
22,859
22
17
10,657
10,513
9
10,3113
10,179
10,025
1.17
28,293
96
108
108
108
100
726
83
65
610
9119
1,357
686
3,350
2,561.
2,91*6
21
1.1
81
128
159
121.
13,121.
9,81.2
Calendar years:
151.1-1951
1952
1553
28,169
U61.
586
100
109
110
1*32
1951.
1,261*
1955
1956
1957
907
5li2
1,3911
1*75
103
92
1,010
567
96
711
172
929
1,968
2,526
2,636
2,1.28
2,1*98
3,1.22
3,255
11,153
3,991.
U80
210
U58
22 ,616
21,01*7
19,1139
17,861
111,895
10,696
Months:
1958- January
Fe bruary
.
March ....
201*
193
195
April
May
June
193
187
I6B
198
16U
6
U
195
k
9,8ii2
July
August. .
September
208
5
153
126
203
150
121
9,655
9,516
October.
lUI.
139
Footnotes at end of Table
li
(Continued on follovlng page)
3
9,1.06
9,277
...
December 1958
39
.UNITED STATES SAVINGS BOKDS.
Table 3.- Sales and RedemptionB by Periods, Series B through K -(Continued)
{In mllllona of dollara)
Accrued
dlBcount
Redemptions 2/ i/
Sales plus
accrued
discount
sales
price U/
'2J
Accrued
Discount
^
Amount outstajidIne ( Interestbearing debtj
Fiscal years:
191.1-1951..
1952
1953
195l»
1955
1956
195-'
1958
61,969
3,266
3,700
3,988
U,095
U,219
3,919
3,889
U,70it
66,673
1,111
1,120
1,126
1,123
1,11U
1,133
1,161
'•,377
•.3,520
5,252
1,120
1,128
1,126
1,113
1,12U
1,1U3
506
32,167
U,008
U,032
31,169
3,583
3,532
3,765
998
U25
500
31.,
55't
5,218
5,333
5,052
i(,U90
3,85't
U,622
U,98l
3,961.
5,0'»9
"•,951
It
,265
,236
636
658
716
715
36, It 56
37,186
37,898
37,969
38,067
68,773
3't,*5
32,86lt
1,181
'',513
'',098
it.lUl
3,C22
3,609
3,871
3,870
u,oei
U,821
5, n't
It
3'.,875
35,661.
Calendar yeara:
191*1-1951..
1952
1953
3,393
3,906
195U
1955
1956
1957
lt,oe3
U,192
U,1U2
3,875
5,03''
5,1''9
It, It 06
31.,
727
76
35,11.3
531
535
7ae
668
772
36,036
36,778
37,510
38,087
37,885
It
5,3*
"1,572
5,266
5,018
U,689
5,220
521
1.97
11U3
It22
361t
276
55
87
37,909
37,967
377
315
63
38,011.
397
368
395
339
335
353
58
33
38,027
1.2
38,067
UOI
365
380
3lt6
55
32"*
1.1
316
6U
38,100
38,126
38,131
392
336
56
38,136
u,ui.9
Months:
1958-January . .
February,
March
335
336
UlO
390
320
299
292
115
91
l»3l»
93
390
385
316
81
397
299
297
July
August. .
September.
October.
Fiscal yeara:
.
.
116
87
88
88
91
116
322
April
May
June
.
1952
1953
I95U
1105
3e,01t9
.
,
Treasury Bulletin
ko
.UWITED 3TATRS SAVIWCrS BOIODS,
Table 4»- Redemptions of Matured and Unmatured Savings Bonds
(In milllone of dollars)
Unmatured bonds
Matured bonds
Period 2/
Total
matured
FiBcal yeara:
1951
6,137
5,109
5,621
6,515
7,251
1952
1953
195l»
1955
1956
1957
1958
817
792
1,761
2,71.7
3,91.1
^
Series
A-D
779
90
31
18
lU
7,81.6
U,263
11
8,958
it,115
8,5i»U
3,730
9
6
In exchange
for Series G
and K
For
cash
38
37
702
69I1
1,128
1,U87
1,826
1,917
1,971
1,906
1,126
1,U86
1,825
1,917
1,971
1,906
25U
968
1,328
1,500
2U9
962
1,326
1,U99
2,01.7
2,01.7
1,891
2,08U
1,891
2.08U
Calendar years;
1950
1951
5,BU0
5,651
987
195a
1953
5,07''
1,015
2,318
3,171
6,Ht9
6,985
7,301
195lt
1955
1956
1957
772
'.,230
987
518
1.7
21.
lU
13
10
8,261.
It
9,630
'.,156
March....
998
590
600
April....
May
June
605
551
610
July
August .
September
626
295
llt3
l't3
531.
523
169
336
105
167
105
167
October.
551
263
Months:
1958 -January..
Fotoruwry.
.
.
,21.6
378
145
1''5
1.96
2ltl
358
169
241
169
291.
152
152
189
86
110
86
110
220
ll'3
Series
F and G
-
Total
unmatured
it/ 5/
Sales
price U/
Accrued
dlacount
December 1958
^x
.OWNKRSHIP OF FEDi2?AL SECUPITIES.
Table 1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
-
Treasury Bulletin
42
.OWNKRSHIP OF FEDKRAL SECURITIES
Table 3.- Estimated Ownership of Federal Securities
.
December 1958
»V3
,
TREASURY SURVEY OF CfWHERSHIP, SEPTEMBER 30, 1958
The Treasury Survey of Ownership covers securities
Issued by the United States Oovernment and by Federal
agencies. The banks and Insurance companies Included in
the Survey account for approximately 95 percent of such
securities held by all banks and insurance companies in
the United States.
Data were first published for
March 3I, I9IH, in the May I9I+I "Treasury Bulletin".
Distribution of ownership by types of banks and Insurance companies is published each month. Holdings by commercial banks distributed according to Federal Reserve member-
bank classes and nonmember banks are published for June JO
and December 31. Holdings by corporate pension trust funds
are published quarterly and first appeared in the March
Bulletin for quarters beginning December 3I,
Section I.- Securities Issued or Guaranteed by the United States Government
Table I.- Summary of All Securities
(Par values
-
In millions of dollars)
19'*^9-
195'*'
,
Treasury Bulletin
kk-
,
TREASURY SURTEY OF OWHEESHIP, SEPTBfflER 30, I958
Section I.- Securities leeued or Guaranteed by the United States Government
Table 3.- Interest-Bearing Public Marketable Securities by Issues
.
December 19^8
^
,
TOEASURY SURVEY OF OWHTOSHIP, EEPTIMKER 30, I958
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest -Bearing Public Marketable Securities by Issues - (Continued)
.
Treasury Bulletin
1^6
.
TOEASURY SUKVEy OP OWNERSHIP,
SEPTBfflEKR 30, 1958,
Section II - Interest-Bearing Securities Issued by Federal Agencies but
Not Guaranteed by the United States Govemnent
(Par raluee
Footnotee 1 throiieh 10 on preceding page
11/ Includes Federal Bouelng Administration debentures; see
footnote ii/.
Tax anticipation eerlea.
A small Indeterminate amount of these debentures la partially
tax-exempt.
-
In mllllone of dollara)
12/
i6/
December 1958
*7
MARKET QUOTATIONS ON TFEASUEY SECUEITIES, 0CT0HE3? 31, 1958,
Current market quotations shown here are over-thecounter closing bid quotations In the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserve Bank of New York.
The securities listed Include all regularly quoted
puU.ic marketable securities Issued by the United States
Qovernment except Panama Canal bonds. Outstanding
Issues which are guaremteed by the United States
Government are excluded because they are not regularly
quoted In the market.
Table 1.- Treasury Bills (Taxable)
Amount
ks
Treasury Bulletin
MAEKET QUOTATIOHS OH TREASURY SECURITIES, OCTOBER 31, 1958.
Table 4.- Taxable Treasury Bonds
December
md
^
MAEKET QUOTATIOHS ON TEEASURY SECURITIES, OCTOHBK 31, 1958.
o
o
a:
o
O
in
o
.
.
.
.
.
.
...
.
..
..
..
.
.
Treasury Bulletin
50
.AVERAGE YIELDS OF LOMG-TERM BONDS-
Table 1.- Average Yields of Taxable Treasury and Moody's Aaa Corporate Bonds by Periods
(Percent per annum)
Treaeury
bonde l/
Moody's Aaa
corporate
bonde
Treasury
bonds 1/
Annual series
2.83
2.73
2.72
2.62
2.53
2.61
19l'8.
2.97 2/
3.11
3.23
3.13
3.U0
1955-Aprll.
May...
June..
3.02
3.02
igitS
2.1*6
l.9^^
2.1t7
19''''
2.U8
2.37
2.19
2.25
19^5
19116
19^7
May
June
1951*
2.UU
2.31
2.32
2.57
2.68
19U9.
1950.
1951.
1952.
1953.
2.91*
19'ih.
2.55
1955.
1956.
1957.
2.81v
1957-Aprll.
May...
June.
3.32
3.08
3. '•7
averages of dally series
3.01
3. Oil
2.82
3.05
July
August. . .
September
2.91
2.95
July
2.92
3.06
3.11
3.13
October. .
November.
December.
2.87
2.89
2.91
3.10
3.10
3.15
October. .
November
December.
February .
March
2.88
2.85
2.93 3/
3.11
3.08
3.10
2.85
2.88
2.90
April.
May...
June.
3.07
2.97
2.93
3.28
3.27
2.89
2.87
2.89
July
August. .
September
3.00
3.17
3.21
3.28
2.57
2.59 1/
2.87
2.89
2.90
October. ..
November
December
.
3.20
3.30
.
3.1>0
3.59
3.69
3.75
2.68 2/
2.78
2.78 i/
2.93
2.99
3.02
1957-January. ..
February.
March
3.31.
2.98
October .
November
December
2.83
2.86
2.79 i/
3.16
3.11
3.13
2.69
2.62
3.06
2.95
2.86
2.53
April
May
June
2.1.8
July
Ai^uat. .
September
2.1i7
1955 -January..
February
March.. ..
-
2.82
2.66
2.62
2.86
2.96
3.20
2.82
3.28
3.2U
3.29
October .
November.
December.
bonds l/
2.81
3.31.
July
August. .
September
-January .
February.
March ....
Treasury
Period
calendar year averages of monthly series
-
Monthly series
1953 -April
Moody's Aaa
corporate
bonds
2.5lt
2.55 i/
2.U8
2.52
2.51t
1956 -January .
.
.
3.22
3.26
3.2l»
3.1*3
3.56
3.77
3.67
3.66
3.I1O
3.581/
3.60
August.
September
, .
,
.
1958-January...
February.
March
April.
May...
June.
3.63
3.66 2/:
3.73
3.57 2/
3.30 i/
3.2U 2/
3.28
3.25
3.12
3.11.
3.20 2/
July
August .
September.
3.60
3.75
October..
3.76
.
.
3.36
Moody's Aaa
corporate
bonds
December 195S
51
.AVEEAJE
Z
o
—
UJ
S
"
^
O
<g
o
o
Qin
Z —
<
in
ID
I.'m
<l
UJ
-I
tf)
a>
<u
o
_J
qi
YIKI.T)S
OF IX)NG-TEI*1 BONIS.
Treasury Bulletin
.INTERNAL REVENUE COLLECTIONS.
Table 1.- Summary by Principal Sources
(In thousands of dollars)
Fiscal
December 1958
53
.
INTERNAL REVENUE COLLECTIONS
.
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
"DOLLARS
DOLLARS'
Billions
Billions
Total*
^m''~^Fisca/ Year
75
50
25
DOLLARS'
Billions
46
44
42
40
38
36
34
32
30
28
26
24
22
20
18
16
14f
12
10
e
6
4
2
Treasury Bulletin
5^
DITEPNAL REVENUE COLLECTIONS.
Table 2.- Detail of Excise Tax Collections
(In thoueande of dollars)
First quarter of
fiscal year
Fiscal year
Type of tax
1956
Alcohol taxes:
195T
1958
1958
1959
(jiOj-Sept. 1957) (July-Sept. 1958)
l/
Distilled spirits
Wines
Beer
2,C62,2U2
87,751
770,561
2,116,958
88,672
765,565
2,092,183
91,617
762,660
'•95,13'*
21,590
226,656
518,297
21,601
225,993
Total alcohol taxes
2,920,5711
2,973,195
2,91*6,1*61
71*5,381
765,891
Ii5,0ii0
1.1*, 859
1,610,908
18,283
1*7,21*7
11,960
12,783
1,668,208
18,566
'•32,539
1*60,188
'•,75'^
'.719
,"197
1,671*, 050
1,731*, 021
1*1*9,251*
1.77,690
Documentary stamps taxes 2/
Playing cards
Silver bullion sales or transfers
108,031
100,61*3
102,11*1
26,1*96
29,577
6,81*3
6,882
53
20
7,286
25
1,569
9
1.593
22
Total documentary and certain other stamp taxes
lll»,927
107,51*6
109,1*52
28,075
31,192
Gasoline
Lubricating oil, etc
Tires, tubes, and treed rubber
Passenger automobiles, chassis, bodies, etc
Trucks and buses, chassis, bodies, etc. 3/
Parts and accessories for automobiles, trucks, etc
Badlo and television sets, phonographs, components, etc
Refrigerators, freezers, alr-condltloners, etc
Electric, gas, and oil appliances
Pistols and revolvers
Phonograph records
Musical Instruments
Sporting goods (other than fishing rods, creels, etc.).
Fishing rods, creels, etc
Business and store machines
Cameras, lenses, film, and projectors
Electric light bulbs and tubes
Firearms (other than pistols and revolvers), sheila
and cartridges
Mechanical pencils, pens, and lighters
Matche s
1,030,397
1,1*58,217
1,636,629
69,996
259,820
1,170,003
'*23,302
1*35,696
18,933
19,581
67,021
217.577
1U,302
9,576
6,160
15,1'*9
9,111*
5,865
Total manufacturers* excise taxes
3,'* 56, 013
3,761,925
3, 971*, 135
To bacco taxes:
1/
C Igars
Cigarettes
Other
l,5U9,0lt5
Total tobacco taxes
1,613
19, '•12
Documentary and certain other stamp taxes:
Manufacturers' excise taxes:
^
^
7't,58li
73,601
177,872
1,376,372
251,1*5U
l,lltU,233
189,1*3'*
199,298
157,291
206,101*
11*5,797
161,096
11*9,192
11*6,1*22
1*9,078
71,06'*
1*6,891*
75,196
1,U17
16,U50
12,776
8,503
5,150
ll*,782
lit
70,11*6
1,153
1£,32'*
17,373
22,851*
71,'*53
325, 02 'i
59,912
1.8,1*05
39,379
39,398
27,987
12,252
37,667
26,955
9,326
61,1*00
15 ,'•'•9
13,632
1,568
18,282
li22
2,757
3,767
,635
3,01*1.
2,61*9
166,720
1*37
9,897
11,255
'»,717
l*,995
3,082
1,502
63,175
19,901
26,080
90,658
22,289
22,51*6
936
5,873
5,723
3,213
1,691
22,907
6,016
6,109
,617
l*,lt09
3,221*
9,060
5,111
1.665
1,057
1,967
1,282
1,01*5,732
929,3'*3
21*,
11*
Betallers' excise taxes:
Furs
Jewe Iry
Luggage
Toilet preparations
28,261
152,3U0
57,519
83.776
Total retailers' excise taxes
321,896
,
,
etc
etc
Footnotes at end of table.
29,1*91*
28,5l*U
l*,Ol*l
156,601*
156,13'*
36,007
57,116
92,868
58,785
98,158
23,0'4l
3,698
3U,337
13,961
21*. 886
336,081
31*1,621
78,01*1*
76,882
(Continued on following page)
11*, 95'*
.
,
December 1958
55
.IMTERKAL REVENUE COLLECTIONS.
Table 2.- Detail of Excise Tax Collections
-
(Continued)
(in thoueande of dollare)
Plret quBrt«r of
fiaoal year
Fiscal year
Type of tax
1956
Miscellaneous exclee taxes:
Admissions to theaters, concerts, etc
Admissions to cabarets, roof gardens, etc
Club dues and initiation fees
Lon^-dlstance telephone, telegraph, cable, radio, etc.
leased wires, wire and equipment service
Local telephone service
Transportation of oil by pipeline
Transportation of persons
Transportation of property (Including coal)
Use of safe deposit boxes
Coconut and other vegetable oils processed U/
Sugar
Diesel and special motor fuels i/
Narcotics and marihuana, including occupational taxes.
Coin-operated amusement devices
Coin -operated gaming devices
Bowling alleys, pool tables, etc
Wagering occupational tax
Wagers
Use tax on highway motor vehicles weighing over
£6,000 pounds i/
Adulterated and process or renovated butter, filled
cbee se and imported oleomargarine
Firearms transfer and occupational taxes
Other rece ipts
^
,
Total miscellaneous exclee taxes
Total received with returns and from sale of stamps....
Undistributed depositary receipts 6/
unapplied collections
Total excise taxes
Internal Revenue Service reports. See also Table 1.
Source:
The figures shown Include collections for credit to special
accounts for certain Island possessions. Floor stocks taxes
are included with the related classes of tax,
1/ Full detail on a monthly basis is available from the Internal
Revenue Service
2/ Taxes on issuance and transfers of capital stock and of corporate securities (bonds, debentures, etc.), deeds of conveyance, and policies Issued by foreign Insurers.
i/ Beginning with the fiscal year 1957, collections reflect
X958
1959
(July-Sept. 1957) (July-Sept. 1958)
1958
1957
,018
75,8U7
5'', 683
,255
''7, ,171
U3,2'>1
'•2,919
13,918
11,029
5^,236
60,338
I6,7'i5
18,738
2l»l ,5^3
266,186
279,375
370,810
71,117
88,637
9,167
56,280
118,333
68,906
101*
3U7,oeli
315; ,690
35; ,681
2lU ,903
37,159
222,158
U5O, ,579
1167,978
5; ,512
18 ,535
8a ,89't
5,826
19,652
86,091
2U ,U6U
39,'t5'»
1,'«65
628
6,311
11,566
300
3,799
7,803
1,932
277
1,653
21,396
11,859
265
3,U5U
6,917
1,986
261
1,615
27,163
33,117
2it,366
25,331'
12
18
*
3
1
10
11
8,971*
3,122
759
6,566
6 ,385
15
11
6,772
51,909
106, 7U8
1,'»76
"•,398
6,070
639
9l',57i.
22, gW
972
1 ,002
5 ,805
8 ,UUl
2 ,955
35,l't3
225,809
U62,989
6,137
9,383
85,911
U6,06l
1,038
5,780
li',395
10,581i
11,733
3,139
22
1.38
1
1,608, lt97
1,718,509
1,7'»1,327
1.67,760
Uli7,6U9
10,035,ii0U
10,571,307
10,81t7,017
2,8lU,2U6
2,728,6l»6
-31,776
61»,l»01i
-36,127
211,587
16,372
567
1,833
3,378
3,600
1,139
10,0(*,195
10,637,5UU
10,8lU,268
2,8U2,l»33
2,7U6,156
it/
the provlalone of the Highway Revenue Act of 1956, approved
June 29, 1956 (23 U.S.C. 173).
The tai of 3 cents per pound, applicable to the first domestic
processing of coconut oil, 1b suspended from October 1, 1957,
through June 30. i960, under an act approved August 30, 1957
(26 U.S.C. 1^511).
Excludes dleeel fuel not for use In highway vehicles.
Amount of excise tax depositary receipts Issued, less amount
received with returns and distributed by detailed class of tax.
Less than $500.
...
Treasury Bulletin
56
.MOEETABI STATISTICS
,
Table 1.- Money In Circulation
(In millions of dollars except per capita flgiires)
Paper money
End of fiscal
year or month
Total
money in
circulation 1/
Total
paper
money
Gold
certificates
Treasury
notes of
1890
Federal
Reserve
notes
2,092
2,088
2,122
2,135
2,170
318
318
316
320
319
23,1*56
21.3
81
21., 605
221
200
77
2/
26,231
39
27,31.8
38
37
1955
27,809
29,026
30,125
29,922
30,229
1956
1957
1958
30,715
31,082
31,172
28,767
1957->oeml»r.
31,831.
1951
1952
1953
1951*
28,359
28,127
28,372
31*
67
70
2,11.8
318
321
317
26,055
26,329
11.7
61.
2,162
2,200
133
26,31.2
120
62
59
29,721.
32
2,156
316
27,031
126
61
25,986
125
25,91.8
12U
123
60
60
60
25,81.5
26,171.
26,31.2
122
121
60
60
120
59
119
118
118
59
59
30,576
30,55k
30,666
28,516
28,U97
28,600
32
32
32
2,010
2,026
2,06U
April
May
June
30,565
28,U90
32
313
30,99't
28,901.
32
31,172
29,071
i'
2,118
2,198
2,200
July
August .
September
31,171
31,371
29,061.
32
31,21.5
29,255
29,118
October.
31,386
29,21.1.
.
73
180
163
33
33
32
301
306
309
1958-January.
February.
March ....
25,609
25,385
25,618
National
bank
notes {*/
29,071
29,01.0
^
35
Federal
Reserve
Bank
notes U/
United
States
notes
Silver
certificates
318
317
31k
26,011
32
32
2,172
2,170
2,161
311*
26,366
26,560
311.
26,U3l.
31
2,153
315
26,569
59
59
8
.. ..
9
3
5
December l9yS
57
.MOKETARY STATISTICS.
Table 2.- Monetary Stocks of Gold and Silver
(Dollear
amomtB In mllllona)
Gold
of flacal
year or month
fiid
(»35 per
fine omce}
1951
1952
1953
195^
1955
21,755.9
SllTer
(»1.29* per
fine ounce)
Ratio of Oliver
to gold and
flilTer in
monetary atocka
(In percent)
23,3l»6.5
3,718.5
3,768.5
22, 1(62.
3,811..
21,927.0
21,677.6
3,863.1
3,922.4
IU.6
13.9
Ht.S
15.0
15.3
1956
1957
1958
21,799-1
22,622.9
21,356.2
3, 99''.
15.5
1.,U6.6
It, 306.0
15.1'
1957-December
22,781.0
U, 185. It
15.5
1958-JanuaiTr .
22,783.5
22,686.2
'',209.3
'',236.2
22,39''.l
'',2l'l.l
15.6
15.7
15.9
21,996.2
21,593.6
21,356.2
'',306.0
16.2
16.5
16.8
February.
March
April
May
June
It,
2511.9
li,
280.0
lfi.8
July
AuguBt.
September
21,209.9
21,011.5
20,873.5
'',309.1
'',313.1
16.9
17.0
It,
31''.
17a
October..
20,690.0
'•,332.0
17.3
.
Source: Circulation statement of united Statee Money.
silver monetary atock see Table It.
For detail of
Table 3.- Gold Assets and Liabilities of the Treasury
(In mllllona of dollara)
Llabllitlea:
Snd of calendar year or month
Gold aaeeta
Gold certificates
Balance of gold In
Treasurer' a account
etc. 1/
1951
1952
1953
195''
22,695.5
23,187.1
22,029.5
21,712-5
21,662.5
22,178.8
1,032.9
1,008.2
21,5l»5.7
1955
21,690.''
21,223.5
21,199.1
l»83.7
U89.O
1956
1957
21,9''9.5
21,'t58.3
''91.2
22,781.0
22,272.9
508.1
1958 -January. .
February.
22,783.5
22,686.2
''02.0
1*91.2
March
22,3914.1
22,292.2
22,287.2
21,992.1
April
May
June
21,996.2
21,593.6
21,356.2
20,95l».6
July
AugUEt. . ..
September.
21,209.9
21,011.5
20,873.5
20,808.8
20,612.0
20,1*75.8
399.5
397.7
October.
20,690.0
20,292.7
397.3
.
Source: Circulation statement of lilted states Money.
1/ Cd&priaea (1) gold certificates held by the public and In Federal
Reserve Banke; (2) gold certificate c«dlta In (a) the gold certificate
21,596.7
21,192-5
''91.3
399.0
399.6
ItOl.O
liOl.S
llOl.l
find - Board of Govemora, Federal Beaerve Syatem, and (b) the redemption fund - Federal Beaerve notea; and (3) reaerre of $156.0 million
agalnat Uilted Statee notea and Treaaury notea of 189O.
..
9
.
Treasury Bulletin
5«
.MOKETAFY STATISTICS.
Table 4.- Components of Silver Monetary Stock
(In millions of dcllare)
Sliver held in Treasury
End of calendar
7eaj- or mont^
Sliver
bullion 2/
Silver
dollars
Subsidiary
coin
1.7
3.9
6.3
U8.0
15.7
^
1951
1952
2,073.5
2,109.7
1953
195^
1955
2,llt0.8
2,191>.U
301.0
289.3
278.3
267.6
253.5
1956
1957
2,208.9
2,212.9
236.3
219.0
2.3
8.2
2,215.6
2,215.6
2,219.0
218.6
218.3
217.5
28.9
35.3
April
May
June
2,226.0
2,226.0
2,228.3
215.5
213.3
33.6
30.7
26.8
July
August. .
September.
2,230.9
2,233.1
2,238.11
211.3
209.5
207.1
25.3
25.8
23.7
October..
2,238.1»
205.1
20.8
2,171-1
1958-January
February.
March
.
1/
Bullion for
recoina^e U/
Bullion
at cost
1,083.1
1,158.1
1,213.1
.3
17.6
235.it
1,283.2
3,637.0
3,886.6
3,930.1
.1
62.9
92.3
252.2
269.3
1,338.2
U,06U.l
1,1*02.6
U, 185.1.
99.1
108.5
269.8
270.1
270.8
1,1.03.8
l,l»03.7
l,lt07.8
I.
105.5
119.0
131.5
272.7
273.9
1,1.13.3
1,1.17.9
1,1.22.0
U,25l..9
U, 280.0
276.9
278.7
281.0
1,1.26.8
'•,313.1
.3
131.5
131.7
128.3
1,1.31.0
l.,31''.9
.3
136.8
283.1
1,1.36.7
1.,
1.0
.3
.3
ii/
Subsidiary
coin i/
191.3
202.5
213.2
223.1
101».2
^
Sliver
dollars l/
Total
silver
at $1.29+
per fine
ounce
82.0 2/
U5.3
30.7
11.0
16 .9
Circulation Statement of Uhlted States Moneyi Office of the
Treasurer of the Uhited States.
Valted at $1.29+ per fine ounce.
Includes silver held by certain agencies of the Federal Government.
Source:
2/
211I.3
Silver outside
Treasury
In Treasurer's account
Securing silver certificates 1/
Valued at $1.38+ per
Valued at $1.38+ per
according to whether
sidiary silver coins
Less than $50,000.
271*.
l,2lt2.7
1,U25.1.
3,71.1.3
3,79l'.l
,209.3
l.,236.2
1.
,21.1.1
1.,
306.0
1.,
309.1
332.0
fine ounce.
fine ounce or at $1.29+ per fine ounce
the bullion Is held for recolnage of subor for recoinflge of standard silver dollars
7
3
.
5
7
9
9
U
1
December i958
59
.MDHETAEY STATISTICS
.
Table 5.- Seigniorage on Silver
(emulative from January
1, 193; - 1°
Bllllana of dollars)
Sources of seigniorage gd silver bullion revalued 1/
Sel^iorage
Knd of calendar
jear or month
on coins
(silver and
minor)
Revlj mined silver
Misc. silver
( Incl
silver
bullion held
.
Jme
111,
lfl.5
l>8.7
k6.1
63.7
69.5
91.7
li8.7
1.8.7
1.8.7
1.8.7
19'tl
122.2
182.1
U8.7
U8.7
1935
1936
1937
1938
1939
19'>0
Silver Purchase Act
of June 19,
nationalised
silver
(Proc. of
Aug. 9, 193'i)
193"*)
226.2
302.7
366.7
3't.7
16.6
36.0
58.0
1.57.7
31..
71.
530.7
31.
562.7
31..
31.
.5
31..
.7
580.1.
31..
19U2
21*5.7
31..
299.6
362.3
1.8.7
1.8.7
1.8.7
581..
19'>3
19kit
38.
.3
31..
581. .3
31..
19k5
''29.5
U8.7
"•91 .9
520.5
559.2
578.7
1.8.7
1.8.7
1.8.7
701.6
832.1
832.1
832.2
833.6
31..
19l>6
19l'7
19Ue
19't9
U8.7
1950
1951
1952
1953
596.6
6U2.3
1.8.7
1.8.7
6911.2
U8.7
7W.2
195't
792.9
807.0
839.6
890.3
1.8.7
1.8.7
1955
19^
1957
1.8.7
1.8.7
1.8.7
1958 -January.
February
March
895.3
901.3
907.9
1.8.7
April...
913.2
917.9
920.0
U8.7
.
.
••"7
JtBie ....
July....
August ...
U8.7
1.8.7
1.8.7
U8.7
U8.7
921.2
923.3
1.8.7
92lt.6
1.8.7
f^clamatlcn
of Dec. 21,
1933
833.7
833.7
833.7
833.7
833.7
833.7
833.7
833.7
31..
31..
31.
.7
31..
31..
31..
31..
31..
31..
31..
31.
.7
3'.
.7
833.7
833.7
833.7
31..
833.7
833.7
833.7
31.
833.7
833.7
833.7
Souroo: Bureau of Accouate.
1/ Theae itema repreeeot the difference between the coet ralue and the
Bonetarj Tali«9 of sllrer bullion revalued and held to eeciire silver
certlflcatoQ.
7
31.. 7
31.. 7
31.
.7
.7
31..
31.
.7
31..
31..
2/
Acts of
July 6, 1939,
and Jul; 31, 19>>6
Total
selgnlorsge
CD silver
revalued
Potential
seigniorage oa
silver bullion
at cost in
Treasurer's
aocotfit 2/
326.2
271*.
1.22.1
397.5
51.1.6
.2
506.1
616.0
705.6
87.6
87.6
87.6
87.6
87.6
25.7
759.1.
1.8.3
799.7
818.9
820.6
820.7
1,055.6
1,089.0
87.6
87.6
87.6
87.6
87.6
65.5
66.5
.9
87.3
I.
63.6
65.3
65.1.
71..
81.
.6
93.5
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
101..
758.8
950.6
1,01.8.2
967.3
717.3
938.1
1,069.6
1,077.6
1,087.8
1,098.1
333.2
161.2
1A6.8
129.9
127.2
111.7
61.9
57.2
131. .7
1,109.3
1,119.2
1,130.0
1,139.3
11.3.8
1,11.8.1.
6.6
150.8
155.2
1,155.1.
A.i
156.1.
1,159.8
1,161.0
50.0
72.9
87.6
87.6
87.6
157.2
157.2
158.2
1,161.8
1,161.8
1,162.8
79.8
81.
80.6
87.6
87.6
87.6
160.3
160.3
161.0
1,161. .9
1,161..
60.9
92.5
97.6
87.6
87.6
87.6
161.8
1,166.1.
101.9
I6e.l.
1,167.0
1,168.6
101.
l6li.o
UU.6
125.1.
1,165.6
31.
.9
99.8
The figures In thia coli^ are not cianilAtlTe; as the aaouit of
bullion held chaneee, the potential aelgnioraee thereon ohangea.
Treasury Bulletin
60
.CAPITAL MOVEMENTS.
Data relating to capital moveraenta between the
United States and foreign countries have been collected
since 1935, pursuant to Executive Order 656O of January I5,
193'4.,
Executive Order IOO33 of February
S,
'+5-'*7Ae a result of changes In presentation
Introduced in that Issue, not all breakdowns previously
pages
published will be exactly comparable to those now presented.
13^9, and
Treasury regulations promulgated thereunder. Information
covering the principal types of data and the principal
countries Is reported monthly, and Is published regularly
Supplementary Information Is
In the "Treasury Bulletin."
published at lees frequent Intervals. Reports by banks,
bankers, securities brokers and dealers, and Industrial
and commercial concerns In the United States are made
Initially to the Federal Reserve Banks, which forward
consolidated figures to the Treasury. Beginning April 1954,
data reported by banks In the Territories and possessions
of the United States are Included In the published data.
The first three sections which follow are published
monthly.
They provide summaries, by periods and by
countries, of data on short-term banking liabilities to
and claims on foreigners and transactions In long-term
securities by foreigners, and present detailed breakdowns
of the latest available preliminary data.
Section IV provides supplementary data In five tables
which appeetr at less frequent Intervals. Table 1, shortterm foreign liabilities and claims reported by non-
flnanclal concerns. Is published quarterly In the January,
April, July, and October Issues of the Bulletin.
Table
2,
The term "foreigner" as used In these reports covers
all Institutions and Individuals domiciled outside the
United States and Its Territories and possessions, the
long-term foreign liabilities and claims reported by
banks artd bankers, and Table 3. estimated gold reserves
official Institutions of foreign countries, wherever
such Institutions may be located, and International
Institutions, are published quarterly In the March, June,
£ind
dollar holdings of foreign countries and International
maturities.
A detailed discussion of the reporting
coverage, statistical presentation, and definitions
September, and December Issues. Table h, foreign credit
and debit balances In brokerage accounts, appears semiannually In the March and September Issues. Table 5,
short-term liabilities to foreigners in countries and
areas not regularly reported separately by banking In-
appeared In the Jime 195'^ Issue of the "Treasury Bulletin,"
stitutions,
organizations.
"Short-term" refers to original maturities
of one year or less, and "long-term" refers to all other
Is presented annually in the April
Section I - Summary by Periods
Table 1.- Net Capital Movement between the United States and Foreign Countries
(in millions of dollara; negative figures indicate a net outflow of capital from the United States)
Analysis of net capital movement
Calendar year
or month
Net
capital
movement
Changes in liabilities to foreigners
Short-term
banJiing
funds
Transactions
in domestic
securities
Changes in claims on foreigners
Short-term
Issue.
.
.
3
9
.
9
3
3
5
9
U
5
.
December i95S
61
.CAPITAL MOVIMENTS.
Section
- Siimmary
I
by Periods
Table 2.- Short-Term Banking Liabilities to and Claims on Foreigners
(FoBltlon at
ecui
of period In mllllooa of dollare)
aiort-term llabllltlea to foralgnera
Fajrable In dollara
&id of calendtir year
or month
Foreign
official
19'»2
1»
19^3
5, 371*.
19'>''
5,596.8
6,883.1
19^5
19^6
m7
191'8
,205.11
.1.
1,91.7.1
2,036.7
2,239.9
2,678.2
2,922.0
1.73.7
1.0.6
2,972.7
2,262.0
2,91.7.0
1,861..
1.9.7
70.lt
3,001.0
1,657.8
1,527.8
l.,179.3
3,01.3.9
7, 116
1,832.1
2,836.3
2,908.1
3,620.3
.It
1950
1951
8,61.U.8
9,302.2
3,51.7.6
3,'»51.7
.,01.1.2
1952
1953
10,51.6.1
11, 61.8. i»
i.,65l..2
1.
195I'
12,918.6
13,600.7
ll*, 939.1
1955
1956
1957
5,666.9
6,770.1
6,952.8
13.9
17.9
21.6
25.5
51.0
1.1.
.9
Payable In dollare
Loana to
foreign banke
21.6.7
72.0
11.3.7
30.9
257.9
329.7
392.8
708.3
86.1.
137.2
169.7
31.
.U
5''
.6
100.3
319.6
21*5.0
290.5
^7.5
98.1
9l»8.9
292.9
1.90.6
165 .U
1,018.7
827.9
898.0
361.2
222.7
151.1
177.2
1,61.1.1
72.2
968.1.
1,581..
61.1.
1,01.8.7
l.,308.U
1,629.1.
1.3.7
901..
l>,
1,769.9
1,881.1
1.3.2
1.0.3
1,386.5
l.SkS.S
1,9^5.7
2,229.5
,21.5.6
335.1.
l.,726.5
Payable In
foreign
currenclea
105.1.
122.9
156.5
206.5
328.1
557.1
100.1.
1.91..
110.8
2U0.6
91.8
506.3
699.1.
8I.7.5
78.1.
61.6.
101.6
969.0
1,056.5
1,390.8
1,675.3
211.0
1,761..
137.1.
1,771.3
1,780.9
12U.5
156.3
163.9
IU9.6
1^7.3
8,01.5.".
5,392.8 1/
5,665.3 1/
1,1.52.1
15,151'.
1/
7,912.6 1/
1,517.3
ue.8
59.0
8,017.3
8,117.8
8,016.3
5,652.3
5,673.3
5,718.5
1,618.8
1.9.2
2,265.9
1,1.70.6
1.8.5
2,21.9.2
March
15,337.5
15,310.2
15,182.0
1,376.7
70.5
2,303.3
363.6
353.3
366.1
April
Ma;
15,058.7
7,951.0
5,61.7.2
l.STS."*
376.9
1,889.5
171.1'
7,91.1". Iir
5,660. 5r
1,521.7
2,510.2
USl-li
15,270.3
7,927.0
5,8U.8
l,l.5U.l.
87.0
87.3
77.2
2,1.37.8
15,21li.O
June t
2,1.78.8
1.52.0
1,912.1.
1,85".. 7
166.3
172.2
15,385.5
15,668.1
15,621.3
8,101.1.
5,752.6
5,766.8
5,685.9
1,1.62.9
l,l»31.9
1,1.77.6
68.7
2,519.9
'•''3.5
8,397.1
8,378.9
72.3
78.9
2,59l>.0
i.ee.9
k65.3
1,895.
1,932.5
1,890.1
15,9l'5.5
8,660.5
5,772.0
1,1.36.2
76.8
2,572.1
2,607.3
''51.7
l,92l..l
181,0
178.5
216.6
231.6
1958 -January....
February .
.
July
Al^ust p.
1/
International
3,320.3
3,335.2
6,1480.3
7,718.0
7,618.0
19't9
2, 21.1.
Other
foreign
Short-term clalma on forelgDcra
Payable In
foreign
currencloa
.
SeptemteX'
p.
October p.
.
Beginning In August 1956 and again In April 1957, certain accounts
prevlouflly claaalfled aa "Other foreign" are Included In "Foreign official."
p
r
1.05.1.
1.06.9
Preliminary
Bevlaed.
Table 3.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
(In mllllone of dollare; negatlre flgurea Indicate a net outflow of capital from the Utalted Statee)
Treasury Bulletin
62
.CAPITAL MOVIMEMTS.
Section
Table 4.
I
-
Summary by Periods
Purchases and Sales of Long-Term Foreign Securities by Foreigners
.
..
.
December 1958
63
.CAPITAL MOVBiEHTS.
Section II - Sunwary by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners^
(gMltlop «t «ad of p»rtod In
Calendar year
Country
195^
1955
Exirope:
Austria
Bel^lim
273.2
99.8
CzechoalOTcUEla
Denmark
Finland
Franca
Germany, Federal Republic of.
Graece
Italy
Netherlands
Norway
Poland
Porti^al
Rumania
YugoalaTla
Other Europe.
.7
60.0
19.3
715. I*
1,080.6
1,372.5
112.5
578.6
2U9.3
l,ii5U.li
103 .U
81.7
2.5
131.8
8.1
91.3
7.8
71.3
Sweden
Switzerland.
Turkey
U.S.S.F
mlted Elngdcm.
.
Total Europe.
Canada
Latin America:
AX^entlna.
BollTla...
Brazil
Chile
Colombia.
Cuba
Dominican Republic
Guatemala
Mexico
Netherlands W. Indies and
Surinam
IH.O
672.1.
13.0
197.1
5,620.5
1,535.7
160. 1»
29.2
119.6
69.6
222.2
236.7
60.lt
328.9
li8.7
Total L&tln Aaerloa.
1,905.9
73.8
83 .k
30.lt
35.7
60.8
86.9
100.3
31."i
Israal
Japan
Korea, Republic of.
Philippines
Taiwan
721.0
95.6
257. It
3^.3
Thailand
Other Aala
23lt.l
Itl.O
123.1
1,821.5
International.
Gztmd total.
152.9
756.7
8.7
8.6
358.8
Aala:
Total other comtrles.
lOli.U
550.0
90.3
193.6
12i.l
Other coictrlea:
Australia
Belgian CcDgo
Egypt 2/
Uilon of south Africa.
All other
175.7
785.lt
163.7
8.2
1.8
639.5
Panama, Republic of.
Peru
El Salvador
Uruguay
Venezuela
Other Latin Aaerloa.
China Mainland.
HODg EODg
India
Indonesia
Iran
108.3
.7
71.1
•1.3
2.1
Spam
260.8
"17.7
lt3.6
1.7.1
32.7
9I1.0
265.1
1,769.9
12,918.6
.7
imoM
ofdoLUn)
Treasury Btdletin
Gk
.CAPITAL MOVEMENTS,
Section
II -
Summary by Countries
Table 2.- Short-Term Banking Claims, on Foreigners
(PoBltlon at end of period In mllllone of dollare)
Cftl«Ddar Tear
Country
1955
1951*
Europe;
Austria
.U
Bel^lisn
19.6
•
Czechoslovakia
Denmark
Finland
9.7
2.5
Prance
Genoany, Federal Bepublio of.
Greece
Italj
Netherlands
111.8
70.2
3.3
19.7
15.9
Norway
Poland
Portugal
Binumla
Spain
2.1
li.O
Sweden
Swl trerland
Turkey
U.S.S.F
mited Kingdcm
It.l
,
,
,
,
Yi^oslavla
Other Europe
,
Total Europe.
Latin America;
Argentina.
Bolivia..
Brazil....
Chile
Colcnbla.
Cuba
Dcnlnlcan Republic
Guatemala
Mexico
Netherlanda W. Qidlea and
Surinam
Panama, Be public of.
Peru
El Salvador
Uliiguay
Venetuela
Other l^tln America.
Total lAtln America.
Aela;
China Mainland.
Hong Kong
India
Indoneela
Iran
,
Thailand.
Other Asia.
.
Other countries:
Australia
Belgian Coogo
Egypt 1/
UbloQ of South Aflrlca.
All other
Total other coxmtrles.
International.
Grand total.
173.5
1.3
''.5
Canada
Israel
Japan
Korea, Bepubllc of
Rilllpplnea
Taiwan
16.2
U0.7
1956
1958
1957
April
May
July
August p September p
October p
.
.
.
.
December i95S
65
.CAPITAL M0VH«e3lTS.
Section II - Summary by Countries
Table 3.- Net Transactions in Long-Term Domestic Securities by Foreigners
[In thousands of dollare; neeatlve figures Indicate net sales by forelgnere or a net outflow of capital from the United States)
Calender year
1958
Countr^r
Europe:
Austria
Bel^l\jii
Ctechoslovalrla,
Denmark
Finland
France
Germany, Federal Republic of.
Greece
Italy
Netherland e
Norway-
Poland
Portugal
Bunanla
Spain
Sweden
Switzerland
Turkey
U.S.S.E
Uhlted Kingdom
Yugoslavia
Other Kurope
Total Europe
Canada
Latin America;
Argentina.
Bolivia...
Brazil
Chile
Colombia.
195^
1955
1956
li,060
-2,903
13,311
768
-6
-5
31
-39
25,355
9,886
-1,810
-52
-610
-28
-98
118
-1,196
1
-59
-702
-37
-256
1,923
-1,685
8,761
811
-120,635
6,596
9,5^3
3,012
-892
1,655
-511.
61
672
1,957
1,173
35
'•3
-1.25
I*
,869
-22
393
1,582
16,992
-1U8
-101
-616
-3'', 339
1,U6U
-98
April
1957
-6,891.
U22
17,695
-U2,lt27
1.7,580
37,977
July
-71k
25
2
-807
981
15,093
-k,6lk
-k,01k
3,130
l,0k5
6,291
-3,687
-6,925
-9
157
-21
-5
Ilk
39
6
39 ,'•16
19,OU6
37
-9
2,261
1,603
l.,l.9U
-89
800
-361
663
1,001
-651
99
176
105
-287
-1,00k
J.7
-62
19I.
73 ,'•02
l,itl6
1U7,1.87
233,939
6,111
98,302
-9,1''3
3U6
-7
79
-13
-12, '•7k
9
-3,96k
-19,197
18
69,766
96,025
7,659
79,027
2,U08
3U7
-25,903
-la
120
-165
3
77
-186
5,37U
23,161
-1,386
-lU
-15
-153
138,928
329, U7
161,019
291,273
-3,7''0
-10,829
-k6,623
187,195
26U,825
-123,507
-8,357
-15,796
-6,373
-10^, 92k
-938
202
930
108
1,110
3,782
1,U60
3,066
1,255
-1.85
1192
-1.1.6
1,832
21
130
1,69U
669
963
1,292
53,677
-53
9,087
778
-8,738
-20
-lUl
2,128
-29
'•,723
''13
1,979
-'.71*
2,260
-27k
3
-13k
132
-339
-103
77
-23 ,727
-36,338
1.08
-31
78
2,028
-J.6U
2k
-50
-772
-1,27k
110
65
-350
-62
12
-380
Cuba
Dominican Bepubllc
Guatemala
Mexico
Netherlands W. Indies and
Surinam
8U,255
265
-1,267
62U
-3,137
1,190
3,903
3,610
982
602
k82
Panama, Republic of.
Peru
El Salvador
UTi^uay
Venez ue la
Other Latin America.
13,339
-119
JiO
3,016
-1,789
670
-57
52U
642
l,OkO
257
2
121.
'.,185
36
U66
112
-15
3,72'^
3,6^9
8,025
3,769
l,i^83
7, '•''5
-261.
125
-5U
-237
55
-902
-620
-1,589
36
-1
187
-957
-359
Total Latin America.
113,179
76,166
33,859
8,117
-22,591
-37,231
-k,k2i
153
5,52''
219
-2,335
-31
591
-69
821
-Ik
-6k
-hOK
5,300
789
1.9
4.53
u
-2
-37
-7118
15,1'*0
-llt,777
85
22
30
6,1.03
801.
-157
198
669
Asia:
China Mainland
Bong Kong
India
Indonesia
Iran
-uou
5,393
-il
20
117
91.
9
11
-550
1,063
2U
-1,079
-785
1,751
706
1,096
15
-181
-1,69U
-99
-1,181
116
Ik
-303
32
15k
207
9I.5
-1.38
-756
-493
-16
-'•20
-399
13
-23
k7
67
Thailand..
Other Asia.
-lUl
758
25'.
15k
"•,857
6,0U8
5^5
9,577
1,179
1
-69
-3,535
Total Asia.
3, '•SI
29,121
-1,1'.6
1.,610
71
85k
-3,795
168
-20
31.9
191
2
-213
-17l^
36
-9
60
77
126
-36
210
-7
56
2
Israel
Japan
Korea, Republic of.
Philippines
Taiwan
8
Other countries:
Australia
Belgian Congo
Egypt 2/
mico of south Africa.
All other
2,326
128
-21
6,076
Total other countries.
3,225
6,56U
International
Grand total.
1/
2/
5'»1
32
2
287
1.1.1
1.,11U
3,1''9
I.
3
5
19
-52
k8
3,553
u,eo6
1,901
-37,25k
-51,576
77,730
-20,561
8l,7'.5
Ii»9,3l8
665,232
156,351
l'^l,776
Not reported separately prior to March 1951.
Part of united Arab Republic (Egypt and Syria) since February 1958.
5
-10
-2k2
-157
,381
-157,'^20
10
August p
September p
Treasury Bulletin
66
.CAPITAL MOVEMEHTS.
Section II - Summary by Countries
Table 4.- Net Transactions In Long-Term Foreign Securities by Foreigners
(In thouaands of dollars; negative figures indicate net gales bj forelgnere or a net outflow of capital from the United Statea)
.
..
December 195S
67
.CAPITAL MOVEMENTS.
Section III - Preliminary DetaUs by Countries
Table 1.- Short-Term Banking Liabilities to Foreigners as of October 31, 1958
(PwltlcB Is tbooMiidl of dollua)
^cort-tarm llabilltlea pajabla In dollara
To foral^ banln end official Inatltntlow
Total
Country
eiiort-t«ni
Oapoelta
,
Bel^lUB
U25,136
1»22,300
1.07, 5^6
107,90li
58,6Ui
253
1.2,365
l»92
162,155
ll'8,298
70,82li
69,165
C z echoe lorakla
FliOandl
Franca
Gaiaany, Fader&l Eepulillo of.
Creaca
Itaiy
Batharlands.,
,,,
Homv
1.68,366
1(08,57''
l.TSS.SS*
116,890
1,151,956
330,185
1,725,8^9
105,767
1,119,31'.
305,736
253
78,817
50,537
270,213
650,100
3'.!', 1*85
16,1.58
ll',ll'2
13,651
1,232
91^,939
955
602,891
2l'5,576
Yugoelarla
Otiiar Europe...
8,727
6911,312
8,^27
667,1'U
Total £uropa...
7,61.7,387
6,788,970
2,059,862
1,781., 71.0
1,206,8911
,
13,605
27,820
695,70"
163,156
758
28,090
,
161., 581
''9,700
77,883
118,395
130,333
281,387
802,533
,
1,902
1,2118, OOU
Svadan
SvltiBTland
Turkay
U.S.S.K
Ibltad ElagdoD.
'',131*
U.S.
Tyeaaurr
bllla kA
cartlflcataa
176,609
288,651
68,069
3,791
127,631
328
11,115
107,59"'
,.
Folaul
Foz^t^al
Rrlinla
Spain
61,986
aiort-taia
llabilltlaa
pajabla In
all otkor foralgnars
U.S.
UabUltlm
Europo:
Austria
1>o
201'
,1'
75
Othar
RitaX
Oapoalta
forel^
TMaanry
cmranclaa
bllla aid
cartlflcataa
l'',75"
l'.,37"
2,825
2,823
1.6,882
'.2,U80
1,0"6
19,781
5,023
239
13,826
1,659
239
12,175
1,656
911
58,985
3, "76
32,609
23,905
51,797
12,387
10,816
23,355
20,517
6,060
3,259
3,712
1,212
307
1,17"
129
37,160
1,336
692
27,'.90
189,191.
61.
305,215
12,21.7
,209
11,123
11.
381
7"0
31
3
610
1,171
251
39,388
3,51.0
3''3
3'.3
12'', 197
3,1.3'.
36,85"
U30
16,953
36,229
"30
16,581
536
137
235
11,109
10,31.0
11.9,61.7
10", 903
570
15,078
199
29,666
2,208
277
130, 3"6
139,756
"2,656
It
,912
328
10,557
69,111
556
168,500
133,326
32,602
172,289
339 ,''65
9
17,850
2,206
277
312,758
ll»0,3l'5
398,766
60
128,300
300
26,871
300
21,355
2,698
2,616
2,39'' ,''58
3, ''''9,335
9^5,177
805,1.00
538,717
177 ,"93
89,190
567,''17
10,1.29
260,150
203,073
36,70"
18,373
58,633
90
172
536
121
","0C
631
620
1.91
91.6
e,3''7
U
2
5,356
1,007
18,"76
Xatln Aaanca:
75,568
6,675
7U,879
6,6^1
689
3'.
15,'.79
3U
1'0,929
16,U69
111,080
15,632
110,307
3,282
837
85,953
57,767
58,861
58,007
15,358
81,381
57,015
58,167
11.9,11.2
103,050
20,355
''3,399
2,693
19,9'»5
2,000
2U7,131
3,39''
30,79''
6,800
5,215
1,352
7,97k
129,297
21,993
17,637
130,589
30,080
123,311
21,972
17,"17
123,836
16,169
5,1"7
",715
235
'.5
U8,306
96,322
5,061.
629
l.3,6"0
".1,325
13"
2,200
13,916
'.1,605
H'8,31.7
7" ,893
13,792
35,376
l"3,a2"
71,116
ArgoBtlna.
BollTla. .
Eralll....
Chlla
ColCHbla.
I3I1 ,21.2
Cuba
Dcalnlcan Bapobllc
GuataMLla
Maxlco
latharlanda V. Indlaa and Surinam.
278,1.39
U2,1.8l
Fao^B, Bapoblle of
11.2,681
21., 31.7
2'', 067
Pam
70,119
25,783
82,901
581,805
26,277
11,865
1.1,276
''33,306
136,1.58
57,309
25,61.8
8,2'.5
38,81.8
1.32,327
''6,105
2,39'', 756
1,3''2,718
1,21.1., 903
36,W.2
29,872
35,706
60,663
97,321
31,855
29,535
22,151.
130,337
71., 21.0
169,965
11 SalTador
Oniguar
Tanaxuala
Other Latin tearloa
Total Latin Jtwrlea
1.1.,
797
382,706
20,U88
27,160
251,877
75,61.8
1.5,568
1.1.,
773
133
661
21
5,325
120
100
1,606
7,196
2,9"6
1",920
2,361
126
",736
1,091
831
978,U08
2", 170
kk,620
6,570
27,713
lk,263
15"
111,263
2,U9
2,U9
5
1,1.20
2,1.23
6,700
l',50l'
6U,833
32,982
1,01.7,198
6,570
27,923
50,900
337
3,590
1,172
1,175
l>8
3,353
3,353
7,525
2,709
17,201
1,997
2,708
16,930
1,997
21,229
6, "62
979
121
5"
1,"93
3, "32
Aala:
China Mainland.
HOG^ EOQg
India
Indoneela
Iran
63,61.5
75,635
99,W.O
35,208
laraal
Japan
lorea. Republic of.
Pblllpplnee
Taiwan
32, U6
59,'.91
'.5,2''6
31,807
88,738
27,879
587,132
125,956
126,986
88,698
6,8oe
281,127
1,000
1,725
30
132,316
290,256
50,1^.9
230,301.
66,300
''3, 32''
15,567
16,628
2,118,687
1,9T'.89''
l.''35.599
1.51.208
68,067
76,801.
71,258
30,798
18,975
33,665
32,700
10,070
'..893
l'',398
5,000
500
33
9, ''83
20,761.
1.2,206
918,308
901,101
129, ''53
127,'. 56
158,925
95,566
137,^01'
Thailand
Other Aala
136,336
jzk.aeo
Total Aala
32,8I'2
500
8,693
10
21,1.60
6,828
U,016
1
271
185
330
3'>,229
k,0l8
33,920
98
2U
U8,690
lkl,302
787
601
3,683
586
97k
2,759
29,319
3,79s
566
97k
2,758
27,501
85
275
1
1,5"3
35,617
360
l,5"k
Other countrlee:
Auatralla
Belgian Congo
Kgnrti/
union of South Africa.
All other
31,38U
19,958
29,636
130,821
100,527
18,950
21,607
90, 5^''
Total other countrlee.
288,603
21.8,196
179,16''
1.6,270
1,1*36,187
1,1.36,152
25^,36*
1,161,786
15,9^5,1' 82
13,575,672
6,715,382
5,762,851
IntarDatlooal.
Grand total.
"iT
,
26,61.0
Part of mited Arab Sepubllc (Egypt and Sjrla) eloce February"
1958. Data on llabilltlea to Syria are reported annually and
6,330
25
37,521
35
1,097,1.39
2,292,99''
35
1,897,117
2"1,5"9
15k ,326
appear In Section IT, Table 5, In the April laaue of the Bulletin.
Treasury Bulletin
66
.CAPITAL MOVBffiHTS.
Section III - Preliminary Details by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of October 31, 1958
(Toaltlon In tkooMiida of daUara)
Shoart-t«xm elalaa
p^aU*
Collaotloaa
out«t«adlag
for aw&
ftooount «oA
flniatlo
Total
CQUDtX7
•lMart-t«aa
oledai
Tot^
Short-taiB olalaa pa^akla In ror«l«D
onrrenoiea
In Aoll«r«
Forvl^
offlolal
InstltBtla
Dapoalta of
ropcrtliie
Othw
doaaatic
onatnawra with
foorai^uax'a
Knropa:
Austria
B«2«llM
8,671
72,166
868
7,291
3,58a
8,669
71.610
888
7,172
3,563
92,685
2.229
31.0
50,1.31
8,286
883
1,152
33
157
13
2,202
10.982
2,1.1.9
9,511
39,861
90,553
80,653
9.510
38.955
atharlanda
1.9,003
1.8,322
lorwaj
Poland
Portugal
BiBuula
Spain
20,0U9
5,273
1,866
CzeohoaloTalcla.
Oooaajic
yinland
Franca
SarBanj, Tsdaral Bapuhlle of.
araeoa
Italy
Svadan
Svltzarland
Turkay
U.S.SJ)
Oaltad rii«d<»
,
6,113
2
556
2
526
2.165
1.031
3,822
2.362
119
19
116
79.625
2,132
22,731
1,617
22,353
1
906
681
881
59k
1,286
6,778
l.,8ll.
5
k
3,01.7
18U
15,532
2.1.88
6.277
22,107
6,075
9,351
".,202
27.068
11,1.80
5,572
19.798
5.273
1.830
901
108
93
3,71.1
2.623
2.699
1.166
12.533
501
251
171
1.1.3
36
36
57,591
56,869
1.7,181.
1.323
893
7.1.69
722
722
12.599
38,327
71,881
72
123,985
12.11.1.
398
12,598
68,363
1,U9".
".,003
l.,653
6,2U9
1,27U
1.55
1.1.7
8,752
8,668
103, 38U
29,575
Tl,8l6
1.975
1,965
128
11,050
9
".5.589
20".
11,581.
5
5
8o,o".o
7I..631
3,1.1.3
72
72
1.3,91.5
18,695
2,982
17.226
Ti^oalarla. .
Other Europe.
'1,517
853
..306
625
2.355
810
1,103
223
Total Soropa.
783,995
606,376
239.825
67.885
105,21.6
193,1.20
117,619
110.973
277.731
17'>.531
17.".'.9
121,360
7.793
27.929
103.200
98.788
11.121
19,"'53
853
"»3
5,01.2
200
Latin Jlaarloa:
Argentina.
3"»,653
3,051
3,01.8
2,8U5
600
1,202
Bolina. .
BrazU....
83
2.3".5
20
3
16I>,312
l6l.,Ol.5
Ult,25l.
22,975
77,172
6,791
3".
1.7,300
56,639
56,623
1".,199
27,535
9.398
20.783
267
"•7,301
15,08U
8.136
6,99k
ll.,6U7
1
16
1
11
151,23U
150,882
l'..l.38
16,199
352
310
18,761.
9,11.8
98,571
5,000
30
21,671.
18,761.
3.075
6,226
3.331.
289.55".
106,1.25
3.71".
1,297
7,355
857
63,868
911
266
2,625
2,528
17.723
1'>.659
5,1.1.9
3.359
2,398
135,'.1.2
22,957
31,027
9.987
53.569
132.257
1.8,913
1.8.866
20,182
3,108
31,866
12,598
25.91.2
6.891
3.320
31.063
35,605
7,218
1,082,016
1.076.362
339,561.
198,658
216.925
2,"»75
2.".75
2,1.75
5.393
7,979
166
5.139
7.782
165
2,51.1.
907
98
28,810
28,11.3
381.
21,668
195.8^2
21,661
195.272
1,1.06
1.1.06
1.987
79.281
IBI
39.1.17
39.1.10
6.071
6.071
32,261.
5,61.7
ll.,302
106.1.36
Chile
Col«abla.
Coia
DoKlnlcan Republic
Gnataanla
Max loo
atharlanda Ueat Indlaa t Snrln^.
Faaaaa, Bapnhllo of
Para
Kl SalTador
Cbruguay. ...........................
TanaKUala
Other Latin JhMrloa
Total Latin Anarloa.
9,182
291.230
3,715
22,959
3l,OU3
9,987
53,591
3^,621
"..078
780
25,".56
1,".88
3,32".
17,1.33
"U,6ol.
2.035
93,805
18
32
3".
30
1.676
1
1,21.0
2
16
16
22
3.185
7
313
1.61.1.
".7
".3
319.215
5.65»
2.025
1,666
2,705
165
27.703
22
830
25".
38
197
19".
51
667
1.88U
17,290
91,709
7
570
Aala:
China Mainland
Bong Kong
India
Indoneela..
Iran
larael
Japan
Korea, Republic of.
PhlllpplneB
Taiwan (Formosa)...
"..1".9
5
500
3.178
21,10".
1
13
1,225
210
1.30".
2
73
Thailand
Other Asia
U8.906
Ik ,302
116.631.
Total Asia
1.1.2
.1.37
".1.0.1.60
2'' ?,?6y
5.'*27
Aua tral ia
Belgian Congo
13,791
12,528
".,178
l.,l6l.
ECTPti/
3.225
36,396
21.726
858
10
2.520
26.551
7,732
565
11.0
U&ioo of South Africa.
All other
3.568
36,686
22,938
2.871.
6,585
8.381
Total other countries.
81.161
78.039
37.671
7.776
2,607,3»O
2.375,768
880,078
koi.106
10.221
2.530
2I_
5.632
3U9
3
U.069
1.551
6oe
271.
71.'>28
llfi-036
1.977
1.1.9
5.520
6,11U.
1.263
1.36
I>,11>2
12
Other countries;
'..331
II.
Ik
3".3
31.3
386
1,282
290
1,212
2k9
309
768
7.821.
3.122
1.351
1.28.160
666,1.21.
231.572
213.586
2"..
lataonatlonal
Oraad total.
1/
Part of Uilted Arab Republic (l^pt and Syria) elnoe February
1958. Data en claljna on Syria are not arallabla aeparately.
but are Included In 'Other Asia."
December 19^8
69
.CAPITAL MOVEMEJPTS.
Section III
-
Preliminary Details by Countries
Table 3.- Purchases and Sales of Long-Term Securities by Foreigners during September 1958
(In thou*aods of dollars)
i/
Part of Iblted Ai«b Republic (Bsypt and ^tIb) since 7ebruary 1958.
DstA on purchases and sales by S^la are not available separately,
but are Included In "Other Asia."
70
Treasury Bulletin
.CAPITAL MOVaffiNTS.
Table 2.- Long-Term
1/
Section IV - Supplementary Data by Countries
Liabilities to and Claims on Foreigners Reported by Banks and Bankers
(Position at end of period In tboueaods of dollara)
Liabilities to forelgnera 2/
1957
Coioitry
Clalna on forelsnera 2/
1958
September
1957
Septeaber p
Burope:
Auatrla.
Belgium.
Dennark.
Finland.
Prance.
li,6l»l
10,3lU
2,125
2,783
2,330
Germany , Federal
Republic of
Greece
Italy
Nether lande
Norway
28
1,7^7
1
1,7^7
8,025
Other Europe
Total Europe.
9,772
7,720
13,165
16,577
792
11,929
33,600
101,955
10,179
1,711
10,1*87
1,1*59
10,91*5
26,450
25,700
89,91*1*
97,01*3
26,325
3,500
15,11*7
1,975
3,719
11,U01
16,595
1,900
3,359
17,389
12,533
753
13,618
29,950
120,951
2,500
2,500
1,803
6,150
22,085
3,260
7,260
2,550
120,762
121,100
U7,198
2,786
5,218
21,316
2,U76
99
102,520
8,200
8,1*89
8,U68
8,727
323,221*
31*1,832
363,712
371,591
67,603
71,335
63,316
8U,87g
10,797
98
206,330
810
21,151
6,361*
5,298
36
209,637
2,936
36
210,915
773
l*,l*13
5,38lt
17,595
16,319
15,570
100,252
11,723
1,300
105,887
79,381*
lllt.lUt
9,775
5,063
Canada
lAtln America:
Argentina.
Bolivia. .
Brarll
Chile
Colcmbla.
l*,363
1
1
12,135
3,1*85
12
l,7lt8
5,970
10,821
1
S^ln
10,360
7,879
10,556
2.050
3,051
lit
Porti^al
Sweden
Swltterland..
Turkey
Uilted Klngda
1958
September
25
1,263
5,822
2,723
5,577
751
It, 117
21*,
36
211,903
Cube
Dominican Republic .
Guatemala
Mexico
Netherlands West
Indies and Surinam.
111,520
15,116
1,181
80,110
100,736
Panama, Republic of,
31,656
2,660
520
1,366
31,861
7,311
31t,22lt
31,71*1
6,962
1.75
1*76
10,717
506
2,028
Peru
II Salvador
Uruguay
Venezuela
Other Latin America.
Total Latin taerlca.
15,101*
1,318
107,11*1*
11,810
1,397
500
26
25
26
6
61
92
51
8l»
1*5
53
55
78
83
Hong Kong..
India
Iran
Israel
Japan
1*1,61*0
1,666
57,672
2,565
39,237
50,1*01
25,071*
30,321*
35,11*^
1*1*,
550,01*9
589,291*
573,1*75
58e,79k
1,121
667
1,257
50
2,173
3,797
25,132
9,186
8,671*
582
2,U02
It, 157
23,857
16,311
20,737
13,225
18,1*66
19,297
13,895
32,557
113,058
225
292
11*, 760
7,817
PhiUpplnee.
367
287
22,921*
Thailanl
Other Asia,
53
20,51*7
20,551
17,363
13,895
1*1*, 629
Total AalB.
53
78,72l>
67.1*1*3
115,713
lit, 105
Other couptrlesi
Auatralia
Belgian Congo
mion of South Aftrica...
All other
7,800
7,800
7,100
2
6,73lt
2,ll28
5,171
30,362
5,171
19,321
19,321
31*
,399
1*0,309
l*l.,907
Total other countries...
1*3,333
lt7,370
66,732
73,390
1,062,933
1,137,271*
1,182 ,9l»e
1,225,705
Grand total.
ij
2/
12,231
9,909
7,827
9,857
EaTlQg a maturity of more than one year Tran date of isattfuice; excluding
long-term securities.
Fbr the follovliig countries, no long-ten liabilities or claims were reported as outstanding at the end of periods shown in this table: Csecho-
5,151
slorakia, roland, Rumania, U.S.S.R., Yi^oalaTla, China Mainland,
IndoDe«la, Republic of Korea, Taiwan, SSTPt, and International,
pjrellminary
.
.
.
December 1958
.CAPITAL MOVOlEPrrS.
Section IV - Supplementary Data by Countries
Table 3.- Eetlmated Gold Reserves ^and Dollar Holdings of Foreign Countries
and International Institutions
(Pogltlon at end of period la mlllloaB of dollars)
1956
1958
1957
March
September
Area and country
Gold and
shortterm
dollars
Gold and U. S.
Gold and U. S.
Gov't
Gov't
Gov't
ahortshortbonds
term
bonds
iKinda
term
and notei dollars and notei dollars and notes
U. S.
Gold
and| U.
short
term
dollars
September p
June
Gold and
S.
Gov't
shortbonds
term
and notes dollars
U. S.
Gold and
U. S.
Gov't
bonds
shortterm
dollars
Gov't
and note
Continental Western Europe;
Austria
Belglun-Luxembourg (and Belgian Congo)
Denmark
Finland
France (and dependencies) 2/
367
1,227
96
88
1,505
Germany, Federal Bepubllc of
Greece
Italy
Netherlands (and Netherlands West
Indies and Surinam)
Norway
3,329
187
1,268
Portueal (and dependencies)
Spain (and dependenclea)
Sweden
Switzerland
Turkey
Other i/
10
12
6
5
7
U52
1,182
133
6
6
162
97
5
l.OOlt
9
99
9U6
5
9
96
911
5
10
1,393
1U5
82
890
•,063
152
lU
1>,099
11.
3,968
167
1,526
15
U,ol.o
167
1,531
1,071
9
971
12
U7
87
139
81
628
176r
636
3
2,512
16U
917r
131
»
12
1.66
7
7
6
l,l»58
1*83
U58
1,259
ll'3
1,165
156r
508
2,527
156
873r
3
I3I'
•
12
l.OUU
138
lU
105
1,260
150
11.
95
651
126r
3
658
13 Or
3
678
132
5
1.61
6
1.58
126
•
2,621.
118
2,689
•
6
156
1,135
157
966r
l'»,135
298
lii,U62
29I1
ll»,755
319
ll*,955
296
15,517
Kingdom
Uilted Kingdom dependencies
Australia
India
Uilon of South Africa
Other
2,812
203
2,507
180
,875
205
3,1.60
2UI
3,810
103
109
197
329
262
KA
1.
102
U
191
323
277
228
U
•
•
ll»
227
30
22ll
3**
2l8r
326
231
230
Total sterling area
3,931*
223
3,631
216
3,998
2U5
l*,567r
37
28U
2,629
367
2,786
UU3
2,738
U57
2,722
UUl
Total Continental Western Europe
Sterling Area:
ttllted
Canada
Latin America:
Argentina.
Bolivia...
Brazil
Chile
Colombia.
Cuba
DOBlnlcan Bepubllc.
El Salvador
G uatemala
Mexico
1
1
*
1
1
211
329
255
*
1
1
370
29
313
30
263
27
270
5119
1.57
li56
U7
115
215
kUO
117
200r
137
210
3U7
2li.li
167
1.16
167
70
65
79
53
87
91
600
h
553
3
Panama, Republic of.
Peru
Uruguay
Venezuela
Other
109
119
259
1,058
113
1
1
•
129
96
1
2li3
1
3
12
1,615
128
Total Latin America.
'»,123
190
l»,563
371
65
58
92
566
1
1
21.
15^
371
59
11.6
62
93
536
2
13
136
86
235
1,55U
127
13
189
lt,366
176
11.1.
1
2
3
2
82
«
266
i,ue8
155
2
12
l.,2l.7l'
1
168
Asia:
Indonesia.
Iran
.
Japan
Philippines.
Thailand
Other
260
707
Total Asia..
2,795
Other coiintrles:
Egypt
Other 1/
y
2,383
181
269
777
16
2,321*
2li2
228
166
162
367
27,963
U08
1,103
28,233
3,lWt
391
2,679
31,127
l,lt9li
30,9ia
190
833
196
711*
129
Total other countries l/.
Oraoil total 1/.
17
128
190
193
238
Total foreign countries l/.
International .
220
187
698
235
275
768
231
158
269
773
16
28,573
386
1,220
222
1,387
15
216
170
390
1,165
2,389
1,M.2
29,266r
2,563
31,829r
5
26
1,289
151
1.79
12
7
135
1,678
•
2,685
162
851r
7
6
8
1,212
356
2.696
1,566
33.25*
5_
269
bonds
and notes
Treasury Bulletin
72
.COBPORATIONS ADD CERTAIN OTHER BOSIRESS-TrPE ACnVlTUSS.
The current financial statementB of corporations and
published quarterly and appear as Section
certain other business-type activities of the United States
of tables.
Government which appear In the "Treasury Bulletin" beginning with the August I956 Issue are complied from reports
submitted to the Treasury under Department Circular
Bulletin.
Issued January 30, I956, and Supplement No. I,
Issued June 1, I956. The regulations so Issued are pur-
No. 966,
I
In the series
The first data under the new regulations are
for March 3I, I956,
and were presented In the August I956
StatementB of Income and expense and source and
application of funds are published semiannually, for June 3"
and December
'}!
reporting dates, and appear as Sections II
suant to Section 114 of the Budget and Accounting Proce-
The first of these statements under the new
regulations cover the fiscal year 1956, and were published
dures Act of 1950 (31 U.S.C. 66 b), and represent another
step In the program of comprehensive and Integrated Gov-
Within the sections, the
In the January 1937 Bulletin.
agencies are grouped In separate tables by type, as follows:
ernment accounting and financial reporting for which
authority was provided In that act. They supersede
public enterprise revolving funds, Intragovernmental
Budget-Treasury Regulation No. 3, Issued under Executive
Order No. S512 of August I3, 1940, as amended by Executive Order No. 90S4 of March 3, 19^2, under which fi-
and trust revolving funds.
nancial statements previously published In the Bulletin
were submitted.
all executive agencies and activities not reporting under
and III.
revolving funds, certain other activities, deposit funds,
Supplement No.
1
added to the coverage by Including
DepEurtment Circular No. 966,
but required only a statement
of financial condition annually as of June
"iO,
These are
Department Circular No. 966 requires
submission of financial statements by all trolly owned
and mixed-ownership Government corporations specifically
mainly not business-type activities, and those which had
Included In the Government Corporation Control Aot, aa
temporarily to report only the asset side.
amended
plement rounds out provision for the Information on
In coverage.
(
31 U.S.C.
8U6,
856);
and all other aotlvltlei
of the Government operating as revolving funds for
trtiloh
not yet developed formal accounting procedure e to provide
complete balance sheet types of statements were authorized
Thus the sup-
properties and assets of the United States Government which
business-type public enterprise or Intragovernmental fund
the Treasury has been asked to furnish to the Committee on
budgets are required by the Bureau of the Budget.
Government Operations, House of Representatives, for a
continuing study of the assets of the Government. The
Other
activities and agencies whose operations, servloes, or
functions are largely self-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,
flret comprehensive reporting under Supplement No.
1
Is
for June 30, 1957> B.nA the data were published In the
December 1957 iaeue of the Bulletin as Part B of Table k
In Section I.
may be brought under the regulations as agency accounting
systems are developed to the point >*ere they are capable
of furnishing the financial reports required.
A summary of loans outstanding for a series of date*
Included In Section I of the Bulletin presentation
beginning with the June 1938 issue. Two olaesifications
of the loans are shown, one by type and one by agency.
is
Four kinds of financial statements are called fbr by
Department Circular No. 966. They are statements of
financial condition, Income and expense, source and
application of funds, and certain commitments and contin-
Data prior to 1956 are based on the earlier reporting
requirements, which provided for complete coverage of
gencies.
Government lending agencies.
The statements of financial condition are
December 1958
T5
.CORPORATICWS AND CSSSKOi OTHER BUSIKESS-TTEE
Section
Table
1.-
I
JtCTlVi'l'IES,
- Statements of Financial Condition
Summary by Specified Classes of Activities, June 30, 1958
(In thoueande of dollare)
Treasury Bulletin
7^
.
COEPORATIONS
Section
iOT)
I
-
CERTAIN OTHEK BUSIMBSS-TYEE ACTIVITIES.
Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1958
(In thousands of dollars)
International Cooperation
Admlnl a tr a t Ion
DeTelopoent
loan
Account
fund
Atoinlc
Foreign
InTeetjnent
guaranty
fund
Export-Import Bank of Washington
Energy
Commisalon
Defense
production
guarantees
Regular
lending
activities
Liquidation of
certain Reconstruction
Finance Corporation aesets
ASSETS
Cash in banks, on hand, and in transit.
Fund balances with the U. S. Treasury
Investments:
Public debt securities (par value)
Securities of Government enterprises....
Unamortized premium, or discoimt (-)....
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral {nezj
Land , structures and equipment
Accumulated depreciation (-)
Other assets (net
i
163.576
l,U8l,121
i.36
2.682
3,05^
2,151
881,666
51*, 01*2
-U.lUU
1^3 ,311
1,250
1,1*03
28,153
10
1,672,363
370,638
6,699,117
-2^lU7^UUl
3
2,705
1,565
29,1(07
62, 39^*
22,500
8,975,702
-321*, 911
1,500
177,** 82
U, 609, 968
-939,1*03
7i*U,322
22,676,132
Total assets.
1
298,500
300,000
2,683
1*36
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
119,120
663,060
56,66U
20U,it29
825
1,091*
U5,6^
U2
77,971
1,138
51*, 071
Other:
Guaranteed by the United States
Not guaranteed by the United States.
Other liabilities (including reserves)..
Total liabilities
1*7,150
803,827
1.077.350
^.233 1/
Jl
3,151,218
57, S^*-
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of *Btots (net)
Other
^
Accumulated net income, or deficit (-).
Deposits of general are! special fund
revenues (-)
12U,801
17,689, 3M*
1,508,000
577,81*U
1,056,000
6,526,175
1,280,557
-296,876
300,000
-7,1*32,929
2,683
U36
509,'t71
Total United States interest.
19, 521*, 915
300,000
2,663
1*36
3,017,''71
Total liabilities and investment.
22,676,132
300,000
^.663
I136
3.075.015
ANALYSIS OF UNITED STATES INVESThENT
United States investment
Accumulated net income, or deficit (-)...
26,957,8l*U
300,000
2.663
1.36
300,000
2.683
U36
300,000
2,683
U36
Total United States investment including
interagency items
Interagency items:
Due from Government agencies (- )
Due to Government agencies
Total United States investment after
exclusion of interagency items
-7, 1*32, 969
19, 521*. 915
-1,751.871*
276.337
18,0U9,378
Expansion
of defense
production
December 1958
75
.
CORPORATICWS AHD CERTAIH OTHKR BOSIHESS-TYPE tCTITmES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprl se Revolving Fiotds, June 30, 1958 - (C!ontlnuedl
(In thousands of dollars)
Federal Civil
Defense
Admlnl BtratloD
Civil defense
procurement
fund
Federal Hoae Loan Bank Board
Farm Credit AdBlnletratloa
Federal
Farm
Mortgage
Corporation
Agricultural
marlcetlng
Bevolvlng
revolving
fund
fiAid
Federal Savings and Loan
Insurance
Corporation
Ecne Owners'
Loan
Panama
Canal
Ccopany
Corporation
(liquidated)
ASSETS
Cash in banks on hand* and in transit....
Fund balances with the U. S. Treasury
Investments:
Public debt securities (par value)
Securities of Government enterprises.-..
Unamortized premium* or discount (-)....
Othar securities (net)
Advances to contractors and agents:
Government agencies
Other
Accoxmts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt secxirities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
i
1,190
W»,328
533
2,501
538
3,893
26,863
29'', 350
-1,201.
11>1,568
125
1,901
Ik
3U
880
2,''55
8,795
8,953
-1,0U8
12
91.3
7,6ltU
1,500
Total assets
530
8,173
185,916
iOk
60
98
-3OI4
-98
3
U07
1,567
305,652
671,375
-27'' ,91.1
22 ,'tOl
536
1.61,903
81
2,3''9
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds I debentures , and notes payable:
Government agencies
8U
U6
1.56
60lt
21
16
50
2,391
2,690
169
10
9
10
899
3
336
l»0
Other:
Guaranteed by the Dnlted States ....
Not guaranteed by the United States
Other liabilities (including reserves).
2U0
Total liabilities
286
U15
1.2
ItOO
1,291
12.331
15 .760
15,6U5
538
21,'>93
KSI INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income* or deficit (-).
Deposits of general and special fund
revenues (-)
2U,601
351,862
500,000
1,500
-31'>,08U
276
265,207
1,500
7,866
185,916
276
290,008
Total liabilities and investment.
ANALYSIS OF UNITED STATES INVESTMENT
1,500
8,173
185,916
1.567
305,852
United States investment
Accumulated net income* or deficit (-)...
1,500
7,686
-31''.08'>
276
265.207
7,888
185,916
276
290,008
Total United States interest.
Total United States investment including
interagency items
Interagency items:
Due from Government agencies (-)
Due to Government agencies
Total United States investment after
exclusion of interagency items
Footnotes at end of Table 6.
1,500
500,000
21.
,801
1,500
7,888
185,916
(Continued on following page)
520
U'.O.'ilO
538
''61,903
351,862
68.5^8
lil.0,l>10
-1,901
-Ik
257
88, 5W
y
25_
290,032
3 .7^6
Iiii2,256
Treasury Bulletin
76
.
COHPOBAnONS AHD CERTAIN OTHER BUSHtESS-TYPE
Section
I
-
ACi'lVi'l'lES.
Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1958 - (Continued)
(In thousands of dollars)
December i95S
77
,
COHPORATIOTS AHD CERTAIH OTHER BUSIHESS-TrEE ACTIVITIES.
Section
Table 2.
I
-
Statements of Financial Condition
Public Enterprise Revolving Fimds, June 30, 1958
(In thousands of dollars)
-
(Continued)
Treasury Bulletin
7«
.
COBPORATICaiS AND CERTAIN OTHER BUSIHBSS-TYEE ACTIYiriES.
Section
I
-
Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1958
(In thousands of dollars)
-
(Continued)
December
ms
79
.
CORPORAnoWS ASD CERT AIR OTHER BOSINESS-TyPE ACTXTinES.
Section I - Statements of Financial Condition
Table 2.- Public Enterpr fse Revolving Funds, June 30, 1958 - (Continued)
(In thousands of dollars)
Housing and Home Plnance Agency
Office of the Administrator
-
Accoxmt
Public
facility
loans
ASSETS
Cash in banks, on hand, and in transit
Fund balances with the U. S. Treasury
Investments:
Public debt securities (par value)
Securities of Government enterprises....
Unamortized premium) or discount (-)....
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Govemment enterprises.
Other
Loans receivable:
Govemment agencies
Other
Allowance for loases (-)
Acquired security or collateral (net)
Land, structures, and e<iuipment
Accumulated depreciation {-)
Other assets (net)
Total assets
Public works
planning
Liquidating
programs
fund
-
(Continued)
Federal National
Mortgage Association
(Continued)
urban
renewal
ConBunlty
disposal
operations
fund
fund
605
1,796
13,317
9,81.5
I172
30,367
2, 816
,297
115
99
1,280
63
119
2,Ufi
1,803
11,282
22,61»7
-5, 1196
68,895
-1,898
U9
28,582
1,863
1,1.09
-53
3.309
121
37,7*5
-17,88U
199,900
16,7''5'
251,09''
99,189
7
ue
39
ki
2,1.62
51.5
-21.3
n.iBi
1*,<J39
539
1116
896
1,1*41
58
237
a*?
2,227
538
'-'<^^
51.1.
NBT INVESTMENT
13,700
73,000
17,000
.
1,532,372
276,851
-387,091
-1,173,265 2/
7,385
2,218,1.76
LIABILITIES
United States interest:
Interest- bearing investment:
Capital stock
Borrowings from the U, S. Treastiry...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
16,957
1.2
13,150
Accounts payable;
Govamment agencies
Other
Acctnied liabilities:
Govemment agencies
Other
Advances from:
Govemment agencies
Other
Trust and deposit liabilitiess
Govemment agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other:
Guaranteed by the United States ....
Not guaranteed by the United States
Other liabilities (including reserves).
Total liabilities
Management
and
liquidating
functlona
157,000
36,06k
-22,000
-570
-795
-255
Total United States interest.
12,905
l6,7l»5
21.8,867
97,166
13, 1. 9*
Total liabilities and investment.
U-150
l6.7l'5
251.09".
99.18?
1''.039
-132 ,Bl>i
5
Treasury Bulletin
BO
.
COKPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTiViTiES.
Section
I
-
Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1958 - (Continued)
(In thousands of dollars)
Agriculture Department
Housing and Eome Finance
Agency - (Continued)
Federal
Houalng
Admlnlatratlon
Public
Housing
Adjalnls-
Farmers' Eome AdmlnletratloD
Federal
Crop
Insurance
Corporation
10/
Commodity
Credit
Corporation
tration
Dlaaeter
loans, etc.,
revolving
fund
Farm tenant
mortgage
Insurance
Expansion
of defense
production
fund
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury....
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment
Accumulated depreciation (-)
Other assets ^net)
2,8l6
28,892
28,265
2,562
32,698
620
1,11U
539,050
11,737
-2,939
1.67
121*
19
26
3,958
3
10
1,587,61*0
U28
288,862
73
5,1*55,585
286
1,602
3,977
161
106,321
-21,079
6,155
1.1
135
5,105
-2,lU5,8l8
1,762
156
1,066
1,006
2,268
91,266
22,500
1,599,956
-1,1*67
-21*6,983
11>
169,365
3,131*
-1,577
131,592
889,50it
Total assets
10,353
16,608
1
39,833
lli,222
-l.,266
21*3,703
1*75
1,911
-91,506
38,091
-1*75
1U3,028
6,781,260
33,370
125,098
159
9,788
LIABILITIES
Accounts payable:
Government agencies
Other
,
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds , debentures , and notes payable:
Government agencies
5U9
99
2
19,299
9,801*
36,510
151*, 1*93
116
U50
715
168
215
171,1*15
1,61.1
27
39,696
21,816
113
2,0li2
3,977
1,621
16,785
1.
5'', 071
Other:
Guaranteed by the United States
Not guaranteed by the United States .
Other liabilities (including reserves)...
Total liabilities
1.6, U9U
2.816
21.6,169 1/
39,722 2/
1*57.811 11/
6.091*
8611,530
7,968
1*77
62/
l',526
Ngr INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
Total United States interest
Total liabilities and investment
AWALYSIS OF UNITED STATES INVESTMENT
~
United States investment
Accumulated net income, or deficit (-)...
Total United States investment including
interagency items
Interagency items:
Due from Government agencies (-)
Due to Government agencies
Total United States Investment after
exclusion of interagency items
Footnotes at end of Table 6.
35,000
100,000
11,528,000
2,1*85
58,633
-81,238
6,297
-63,159
-l.,526
1.0,000
1,000
573,356
107,666
205,1.91*
36U
21*6,810
-352
-5,711,271
-121,911
103,306
5,916,729
25,1.03
121.
,620
9,782
11*3,028
6,781,260
33,370
125,096
9,786
856,166
11,628,000
-5,711,271
11.7,31''
-752 ,861
-121,911
205,858
-81,238
6,297
58,633
-63,159
6U3,336
103,306
5,916,729
25,1*03
121*, 620
9,782
-i.,526
-11,919
56.507
-3
-1,610,11.0
170
58.995
687,923
103,1*73
61*3,336
-75a ,861
61*3.336
889,501*
61*3,336
I*
,365,581.
(Continued on following page)
3,1*85
-10
U.526
Oii25,516
121.
,611
9,782
December 1958
.
COHPORATIOIfS AHD CERTAIN OCTER BUSIKESS-'ITPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Publ ic Enterprise Revolving Funds, June 30, 1958 - (Continued)
(In thousands of dollars)
Footnotes at end of Table 8.
Treasury Bulletin
82
.
COHPORATIOTS AKD CEETAIM OTHER BUSIiraSS-T]tPE ACTiViTiKS.
Section
I
-
Statements of Financial Condition
Table 2.- Public Enterprise flevolvlng Funds, June 30, 1958
(In thousands of dollars)
-
(Continued)
December i95H
«3
.CORPORATIONS AND CEFiTAIN OTHER BUSINESS -TYPE ACTIVITIES,
Section
Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, June 30, 1958 - (Continued)
I
-
(lA thouaanda of dollare)
Interior Department
Bureau of
Indian
Af fairs
Revolving
fund for
loans
Bureau of Reclamation
Fund for emergency expenses,
Fort Peck
project, Mont.
Bureau of
Mines
Upper
Colorado
River Basin
find
Development
and operation
of helium
propertied
Office of Territories
Bureau of
CouBoerclal
Flaherlea
Fisheries
loan fund
Alaska
railroad
revolving
fund
Loans to
private
trading
enterprises
Virgin
Islands
Corporation
ASSETS
Cash In banks, on hand, and In txanelt...
Fund balancea with the U. S. Treaeury....
Investmenta:
Public debt eecorltlea (par value)
Securities of Government enterprises...
Unamortlted premium, or dlscoiait (-)...
Other securities (net)
Advances to ccfitractors and agents:
Government agenc lea
Other
Accounts and notes receivable:
Governmen t agenc les
Other (net)
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment
Accimulated depreciation (-)
Other aeseta (net)
Total aasets
3
7,315
868
9,507
6,386
5,827
10,587
88
UOO
7
5
75
7
72
38'.
"•5
1,237
658
998
1S3
l'5
591.
'',313
851*
8,370
't,020
-1,3UI.
-75
11>,3U0
LIABILITISS
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agenc les
Other
Advances from:
Government agenc lee
Other
Trust and deposit liabilities:
Government agencies
Other
Bends, debentures, and notes payable:
Government agencies
Other:
Guaranteed by the United States
Not guaranteed by the United States..
Other liabilities (including reserves)...
12,389
-U69
22
'''•,935
21,215
-9,516
2,555
13,033
63,732
21,662
161
57
3,897
9liU
9,382
-215
52
287
116,W»8
-13,631
15,96?
9,809
135,986
7,155
-1,970
313
528
lU
l,li07
1.
7,678
6
83
185
Ul5
85
5
I1I9
2,382
Total liabilities
2IU
70
k'jk
u
3
71.9
1.6
"•.853
2ltl
3
856
132
11,188
1,686
23
3,895
^2
NET XNYESfTMBBT
Itolted States Interest:
Inters St -bearing Inveataent:
Capital stock
Borrowings from the U. S. Treasury...
Other
Nonlnterest-bearlng Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accuaulated net Income, or deficit (-).
Deposits of general and special fisid
revenues (-)
Total mited States interest.
Total llabllltlea and Investment.
AMALYSIS OF IMITSD STATES IHYK3rMB«T
united States Investment
Accunulated net Inccme, or deficit (-)...
Total Uilted States Investment Inclallng
Interagency 1 terns
Interagency Items:
Due from Government agencies (-)
Due to Government agencies
Total Uhlted States Investjosnt after
exclusion of Interagency Items
Footnotes at end of Table
6,539 12/
13,800
2,681
-2,1U0
1,600
1,696
1,296 luy
8,227
U8,7't2
11,'»30
3,802
2,916
5,631
10,000
127,171 li/
-21U
l»,920
500
28
23
-196
lit, 31*0
lg,8l9
52,5'*''
19,977
9,786
132,092
528
7,137
1'1,3'tO
13,033
63,732
21,662
9,809
135,986
528
7.678
16,1.81
-2,11.0
1»,592
52,51.1.
lli,3">6
10,000
127,171
5,631
-211.
'',920
500
28
7,332
-196
1U,3'.0
12,819
52, SU"*
19,977
9,786
132,092
528
7,137
-25
-381.
161
-7
57
12,955
52,59''
19,671
ll.,3l.0
8,227
-1,637
U67
78
(Continued on following page)
9,806
130,?21
-51.
195
528
7,277
Treasury Bulletin
«^^
,
CORPOBATIONS AND CERTAIN CflSER BOSIMESS-TYPE ACTIVITIES.
Section
I
-
Statements of Financial Ck)ndltlon
Table 2.- Public Enterprise Revolving Funds, June 30, 1958
(in thousande of dollars)
-
(Continued)
December /9J8
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYEE ACTIVITIES.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, June 30, 1958
Treasury Bulletin
86
.
CaSPORKnaSS AHD CEHTAIH other BUSHtESS-TIEE ADTiViTifcS.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, June 30, 1958 (In thousands of dollars)
(Continued)
December 1958
.CORPOBATIOnS KSD CERTAHI OTHE» BUSHtESS-TXFE ACTIVITIES.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, June 30, 1958 - (Ck>ntlnued)
(Id thouaaods of dollars)
86
Treasury Bulletin
.
COHPORATIONS AND CERTAIN OTHER BUSINESS-TTPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 3.- Intragovernniental Revolving Funds, June 30, 1058 - (Ck)ntlnued>
(In thousands of dollars)
December 1958
.
CORPORATIONS AHD CERTAUl OTHKR BUSIMESS-TXPE ACTIVITIES.
Section
Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, June 30, 1958 - (Continued)
I
-
(In thouaande of dollare)
Treaeury Department
Uilted States Coaet OvBxi.
Bureau of
fiigrarlng
and Printing
ASSETS
Cash In banka, on hand, and In transit...
Fund balances with the U. S. Treasury...,
•,31*3
Supply
fund
1
2,166
Yard
fund
U,662
InTestjnenta:
Public debt securities (par value)
Securities of Government enterprises...
Itoajnortlzed premlun, or discount (-)
Other securities (net)
Advances to contractors and agents:
Govemnjont agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises
Other
LDens receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net).,,.
Land, structures, and equipment
Acctmiulated depreciation (-)
Other assets (net)
3
1,173
2
6,195
l,l8o
28
5,165
151
5
7,070
-32
32,801
-7,307
11,761
-4,908
37'>
Total aesete
37,558
8,5^3
l8,7lt2
12
812
716
251
UABILITISS
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances Crcn:
Government agencies
Other
Truat and deposit liabilities:
Government agencies
Other
Bccds, debentures, and notes payable:
Government agencies
Other:
Guaranteed by the TJblted States
Not guaranteed by the Uilted States...
Other liabilities (Including reserves)
1,267
Total llabllltleB
3,l»23
1,528
10,2li3
3,25"
22,001
8,939
6,766
8,UU6
-55
2U9
53
,
,
,
USI
189
70
9^0
152
8,61(8
697
365
39
15
599
NST DfYEgTMBrr
United States Interest:
Interest-bearing investment:
Capital stock
Borrowings frcm the U. S. Treasury....
ther
Noninterest-bearing investanent:
Capital stock
Appropriations
•
Capitalization of aesete (net)
Other
Accianulated net Income, or deficit (-)..
Deposits of general and special fund
revenuea ( -)
Total Uilted States interest
3'',135
7,016
8,1*99
Total liabilitlee and Investment
37,556
6,5U3
18,7112
ABALYSIS 0? UMITSD STATE VSTSSOfSei
tilted States Investnunt
Accimiulated net Income, or deficit (-)....
3'i,190
6,766
6,l|lt6
-55
2lt9
53
3't,135
7,016
8,li99
-l,l8l
779
-1,180
612
9,201
33,733
6,6U7
17,51'8
Total tilted States inveslmient including
Interagency items
Interagency items:
Due from Government agencies
Due to Government agencies
(
*)
Total mi ted States Investment after
exclusion of Interagency itema
•
Less than t^OO.
-151
m
90
IreasuTy Bullet
.
CORFORATIOnS AND CERTADI OTEER BUSmESS-TTFE ACTIVITIES.
Section I - Stateaents of Financial Condition
Table 4.- Certain Other Activities, June 30, 1058 - Part A
(In thousajias of dollars)
i/
December 19^8
9X
.
CORPORATIOTS AND CERTAIN OTBER BUSIBESS-TXra: /ICi'iViTlES.
Section
Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1958 - Part A i/ - (Continued)
I
-
(In thousands of dollars)
Treasury Balk-tin
92
.
COBPORATICJfS AMD CERTAIR OTHER BOSIMESS-TYEE ACTIVITIES.
Section
I
-
Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1958
(In thousands of dollars)
-
Part A
i/ -
(Continued)
December 195 S
93
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYFE ACTIVITIES.
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1958 - Part A i/
(In thouaanda of dollars)
(Continued)
Treasury Bulletin
9"^
.
COBPORATIQRS ASD CERC/JB OTHER BOSXHESS-TTFE; fCxivrriMS.
Section I - statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1958 - Part B
(In thousands of dollars)
Account
i/
December 19^8
95
.
COHPORATIONS AHD CERTAIN OTHKR BUSINESS-TYPE
ACnvmES.
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1968 - Part B i/
(Continued)
E£-6
(In thousands of dollars)
Account
Veterans'
Admlnletration
Other,
Legislative,
Executive
Office of the
President and
Independent
offices
y
Agriculture DepartDent
Hoxislne
and
Heme
Finance
Agency
2/
Agricultural
Be search
Sorrlce
Forest
Service
Soil
Caoeerratlon
Service
other
6/
ASSETS
Caeh in banks, on hand, and in transit....
Fund balances with the U. S. Treasury
Investments:
Public debt securities (par value)
Securities of Goveminent enterprises.,..
Unamortized premium, or discount (-)....
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral InetJ
Land , structures , and equipment
Accumulated depreciation (-)
Other assets tnet)
Total assets
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
S.itia
38,528
IkO
30,257
U8,U03
375,196
218
29
9
3U8
287
151
29
2,781i
2U9
kS2
866
13
73
2I18
Uolt
1,293
3,5oe
953
5U5
67
126
711,721
81tO,1.68
25,779
-8,150
10, It 96
3.6U
79 .''82
66,951
366,19l»
382,178
62,391*
287
16,631
389
8,761
1,973
8
131
528
2,U7l»
307
9
U52
1,358,065
5,695
2,19l>
-1,256
60.630
229
1,829,819
68,938
6,880
118,737
956,381
257
28,806
786
20ti
MS
37,565
136
710
1,722
8,029
63,^27
836
2,281
1,666
2,685
679
7,180
5
-3,758
m_
353
1,1165
10,279
31*,
698
197
1,381
65,517
22,566
UlO
2,91^
U92
lit
119
22,500
Other:
Guaranteed by the United States.....
Not guaranteed by the United States.
Other liabilities (including reserves)..
Total liabilities
NET INVESTMENT
United States interest:
Interest- bearing investment:
Capital stock
Borrowings from the U. S. Treasury,.,
Other
Noninterest-bearing investment:
Capl tal stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)
681
180, ST**
U3,279
3,tA5
275,158
22,885
2,387
3,069
-2,682
5,775
937
1,37"*, 088
9.629
12.539
12,113
8.709
15,305
30,155
22,392
69,907
U0,000
32,0U2
1*9,196
378,612
63,1*32
89't,l85
-U,637
-37,762
-22,563
-2,878
Total United States interest.
1,6U9,2U6
25.658
3.835
103
.l>32
926.226
'''•559
318.287
Total liabilities and investment.
1.029.819
68.938
6,680
116,737
956,361
66,951
386,191.
AMALYSIS OF UNITED STATES INVESTMEMT
United States investment
Accumulated net income, or deficit (-)...
l,6lt9,2U6
28,31*1
6,713
-2.678
103,1*32
926,226
1*1*,
559
31*0,850
-2,662
l,6li9,21*6
25,658
3,835
103,1*32
926,226
-675
-lt22
-876
-1,293
65.775
-257
3.705
6lU
2.081
2.1*06
1,71"*, 31*5
29,106
027
1011,637
927,31*0
Total United States investment including
interagency items
Interagency items:
Due from Government agencies (-)
Due to Government agencies
Total United States investment after
exclusion of interagency items
Footnotes at end of Table 8.
I*,
(Continued on following page)
-22.563
1*1*,
559
-696
318,287
-528
25.1*17
1*3,863
31*3,176
Treasury Bulletin
96
.
(JOEPORATIONS AND CERTAIN OTHER BOSINESS-TYEE ACTiViTiES.
Section
I
-
Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1958
-
Part B
i/
(Continued)
(in thousands of dollars)
Defense
Department
Ccsmnerce Department
Civil
Aeronautics
Administration
Coaat
and
Geodetic
Survey
Bureau
of
Public
Health, Education, and
Welfare Department
Annj
Department
Weather
Bureau
Other
1/
Boads
Corps of
Engineers
Office of
Education
§/
ASSETS
Cash In banks, on hand, and In tranait..
Fund balances with the U. S. Treasury...
Investments:
Public debt securities (par value)....
Securities of Government enterprises..
Unamortized premium, or discount {-)..
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventories
Allowance for losses (-)
Accrued intereat receivable:
On public debt securities
On securities of Government enterprlsei
218,379
6,689
332,170
13,907
205
13,917
60
2U
182,71*1
612
110
317
lOU
I.OUU
139
30, 1.72
6
628
7
75,210
929
3,01U
1,129
1*32
197, It 76
22,793
193,578
13,957
lU,07lt
8,5''9
209,153
627
3,018
1,355
383
ther
Loans receivable:
Government agencies
Other
Allowance for loese s ( - )
Acquired security or collateral (net)....
Land, structures, and equipment
Accumulated depreciation ( -)
Other assets (net)
-13,335
271,563
Total assets
758,376
,
,
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advance a from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other:
Guaranteed by the lilted States
Not guaranteed by the United States.
Other liabilities (Including reserves)..
Total liabilities
NET mVESTMEifr
lilted States interest:
Interest-bearing investment:
Capital Btoclr
Borrowings from the U. S. Treasury..
Other
Nonlnterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (-)
Deposits of generai-and special fund
revenue a ( - )
,
-8,373
31,600
25,569
T9U
577,057
32,871
103
8,701,779
1,U05
1,616
37,9'*7
85
231*, 226
131>,U'*1
302
7
5,719
623
1,82U,1U2
29,288
5,677
75
51,091
-''3,81*5
859
,
6,710,362 2/
''17
10
3lU,U8l
2,611
871
29
1,889
2,085
188
13,250
1,1.28
3,926
2,955
li,21l*
1,579
19,678
2,817
327,107
3,853
11,511
39,612
13U,629
221,205
6,U87
110,788
188,219
16,091
7,62U
11,1'*6,603
1*8,506
517, '•93
22,296
12,926
10,15'*
1*37,990
28
-2,675,689
51,091
-1*8,987 1/
-28
-21*6,737
Total lilted States interest
738,698
28,783
2'»9,950
29,017
17,777
8,662,167
99,597
Total liabilities and investment
758,376
31,600
577,057
32,871
29,288
8,701,779
23'*, 226
738,698
28,783
298,936
-U8,987
29,017
17,71*9
11,337,856
-2,675,689
99,597
28
99,597
-71
AWALYSIS OF UHITKD STATES TOVEgTMan'
Itoited States investment
Accunulated net income, or deficit (-)..
Total United States investment including
Interagency items
Interagency items:
Due from Government agencies (-)
I>ue to Government agencies
Total United States investment after
exclusion of interagency items
Footnotes at end of Table 8.
738,698
28,783
21*9,950
29,017
17,777
8,662,167
-8,659
5,726
-l.OliU
-627
311*, 1*81
-628
3,596
-1,967
520
-3,018
871
735,765
28,259
563,801*
26,870
20,71*5
8,660,200
(Continued on following page)
99,597
December i95S
97
.CORPORATIONS AKD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30, 1958 - Part B 1/ - (Continued)
(In tbousajidB of dollar b)
Interior Department
Health, Education, and
Welfare Departjoent (Continued]
saint
Elliabeth'a
Boepltal
Bureau
of Indian
Affaire
Other
Bureau
of
Reclamation
Juetice
Department
National
Bureau
of
Mlnee
Legal
actlTltles
and general
admlnletration
Other
Park
Service
10/
Assms
Caah In banjcs, on hand, and In tranelt...
Fund balances with the U. S. Treaaury....
InTeetmente:
Public debt aecurltlee (par value)
Securities of Covemment enterprises...
UDBjDortlzed premium, or discount (-).,.
Other securities (net)
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivabl«:
Government agencies
•
Other (net)
Inventories
Allowance for loaees (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencle a
Other
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equlpnent
Accumulated depreciation (-)
Other assets (net)
Total assets
2
U,070
307,257
29,862
91.,
705
15,365
40,574
151,268
3,249
4,603
8k
l>17
1
Ilk
32
52
100
30
34
1,415
666
400
8,009
467
136
61.1
1.7,61.2
546,580
9,066
3,598
15i>
8
53
108
55
25
61.3
11.8
92,823
637
9,505
5,378
2,771,i*'.9
58
31
25
65
189
28,67l>
7,023
138,908
-1,837
-4,262
-52,603
11
,205
1.57,911
31'»,557
295,01.9
3,267,252
31.6
1.25
261*
l»,015
7,1.98
21,11U
2,27".
871
2,679
31.
l4l,2U
118,891
6,296
39,933
704,078
169,245
152,886
5,169
1,866
175
2,856
4,287
133,205
4,572
1.20
63,905
LIABILITIB
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advance a ftrcn:
Government agencies
Other
Trust anr* deposit llabllltlee:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other:
Guaranteed by the Ullted Statea
Not guaranteed by the Uiltsd states..
Other liabilities (Including reserves)...
Total liabilities
Ngr UJVgtfmKifi'
lilted states Interest:
Interest-bearing Investmient:
Capl tal stock
Borrowings from the U. S. Treasury...
Other
NcDlnterest-bearlng Investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accijnulated net Income, or deficit (-).
Deposits of general end special fund
revenuee ( -)
30
186
861.
2,1.59
22,263
1,332
1,328
1,788
126,099
151
9,265
2.U68
8,211
11, 71.5
169,622
4,012
8,197
148,646
2,021
35,UWi
299,272
3,905
3,170
20,371
38,770
34,006
660,042
1,632
12,426
3,440
262,933
3,532,939
71,738
212,646
135,666
83,526
144,696
45,21.8
1,042
-25,167
4,748
-75,355
-«35,559
Total United States interest
37,'' 6?
306,3''7
283,301.
3,117,1.30
59,893
695,881
20,600
148,136
Total liabiliti es and Investanent
39,933
31't,557
295,01.9
3,287,252
63,905
704,078
169,245
152,886
37A65
306,3l»7
283,301.
2,981,761.
65,060
-25,167
695,661
20,600
148,138
135,666
3,117,1.30
59,893
695,681
20,600
146,138
-100
-400
4,287
-136
4,572
695,781
24,487
152 .ST*
AWAuaia OF iwrrm arATEs nivBnqnT
i;blted States Investment
Accunulated net Inccoe, or deficit (-}...
Total uilted Statea Investosnt Including
Interagency 1 tema
Interagency Items:
Due from Government agencies (-)
Due to Government agencies
Total lilted States investanent after
exclusion of interagency Items
Footnotes at end of Table 8.
37,l»65
-lil7
37.01.6
306,31.7
283,301.
-122
186
-151.
-851
2,1.59
31.6
-201
1,319
306,Ull
265,609
3,u6,9g5
61,010
(Continued on following page)
Treasury Bulletin
9fi
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYFE ACTiViTlES-
Sectlon I - Statements of Financial Condition
Table 4.- Certain Other Activities, June 30» 1958 - Part B ^- (Continued)
^
(in thouaande of dollare)
Justice Department
(Ccntlnued)
Federal
Bureau
of InTaetigatlon
Troaeury Department
-
Federal
Prison
System
Internal Revenue Service
Office
of the
Secretary
Revenue
accounts
Bureau of
Administrative
accounts
Bitreau
of the
Mint
mited
States
Coast
Guard
Other
12/
Prl sons
ASSETS
Caeb in bernks, on hand, and in transit...
Fund balances with the u. S. Traaaurj....
10,282
6,5^7
373
69,872
11,279
21.6
i'3,i»59
1,965
57,961.
l'0,9W. ii/
63,173
InveetzientB:
Public debt eecurltlee (per value)
Securities of Oovemment enterprises...
liiamortlzed premium, or discount (-)...
Other securities (net)
Advances to ccotractors and agents:
83
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net)
Inventorle s
Allowance for losses (-)
Accrued Interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)..,.
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
U6
1
6
553
U9
73
1
91.5
62
1,U'.
23't
316
35
352
3,575
52
22,578
6^,156
-6,370
5,0^7
13,878
5,810
6
178
3i,'>''6
73,270
20,lll9
2,067,U91
63,760
966
5,210
2,75^
87
178
10,391
1,985,152
5,1.13
206
3
515
903
Wt,076
15,582
-3,317
872
778
-1,505
6,618
702,592
16,126
SI',
982
Total assets
-21., 866
22
293
IW
801,965
I'.B.seo
69I.
6
3, ''97
30,763
322
5,275
3,1.28
15, ''61'
3,676
20
15,
UABIUTIBS
Accounts payable:
Government agencies
Other
Accrued liabilltiee:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other
Guaranteed by the Iftilted States
Not gxaranteed by the Ittllted States..,
Other liabilities (Including reserves)
19
11,563
169,091
,
'',3''l
661.
115
Ik
9,613
9,392
701
1,181
61.9
812
127
2,988
6,170
,
Total liabilities
Hgr ayisTMHiT
Ullted States Interest:
Interest-bearing Inveetment:
Capital stock
Borrowings from the U. S. Treasury....
Other
Ncninterest-bearing investment:
Capl tal stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net inccme, or deficit (-)..
Deposits of general and special fund
revenues ( -)
1.51.
Il6,lt53
168
500
20
'.,602
10,517
3,ii20
8U7
305,5119
111,717
2,659
21., 971
32,711
5,883
16
2,308
597
It3,6l3
56,278
22,929
63,966
19,286
733,382
l,76l,9'>2
19,735
U,885
59,591
Total united States interest
22,929
69,851
19.30g
1,761, 9112
22,01.3
12,1.82
776,99''
115,869
Total liabilities and investment
33,^6
73,270
20.11*9
2,C67,U91
63,760
15,1'tO
801,965
iitajseo
ANALYSIS OF UNITED gTATES INV;BjrMBWT
united States investment
AcciAulated net income, or deficit (*)...,
22,929
69,851
19,302
l,76l,9''2
22,01.3
12 ,'.82
776,99''
115,869
22,929
69,851
19,302
l,76l,9''2
22,0U3
12,Ua2
776,99''
115,869
-23".
-35
202
-189
10,065
-1
5,307
-316
3, It 16
1,187
-6,358
15,872
6,i'35
26,002
72,953
19 ,''69
31,939
13,668
786,508
122,21.2
Total United States investment including
interagency items
Interagency itema:
Due from Government egenciee (-)
Due to Government agenc ie s
Total United States investment after
exclusion of interagency items
Footnotes at end of Table 8.
l,76l,9''2
-62
December
mS
99
.OORFQBifflOaS AHD CKKTADT OIBER BDSIHBSS-TTFE tCTTTTrSJS.
Section I - Stateroente of Financial Condition
Table 5.- Certain DepoBlt Funds, Jtme 30, 1958
(In thousands of dollars)
100
Treasury Bulletin
.CORPORATIONS AMD CERTAIN OTHER BUSINESS-TYPE ACTIYITIES.
Section I - Statemente of Financial Condition
Table 6.- Certain Trust Revolving Funds, June 30, 1958
December 1958
101
,
COHPORATIONS AND CERTAIN OTHER BUSIKBSS-TYPE A:rnVlTIES.
Section
I
-
Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, June 30, 1058
(In thoueends of dollars)
-
(Continued)
102
Treasury Bulletin
.CORPORATIONS AND CERTAHI OTHER BUSHTESS-TyPE ACTIVITIES-
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding, June 30, 1058, Excluding Interagency Loans,
Classified by Types of Loans
(in thouBanda of dollars)
Public enterprise
revolving funds
Type of loan and lending agency
To aid apiculture:
Loans to cooperative asBOclatlone:
Fanners' Home Administration
Rural Electrification Administration
Crop, livestock, and commodity loans:
ConnDodlty Credit Corporation
Dlaaater loans, etc., revolving fund
Fanasre' Home Administration
Virgin Islands Corporation
Storage facility and equlpaent loans:
Commodity Credit Corporation
Farm mortgage loans:
Farmers' Home Administration
Farm tenant mortgage Insurance fund
Guaranteed loans held by lending agencies:
Commodity Credit Corporation
Other loans:
Farmers' Home Administration
Total to aid agriculture
To aid home owners:
Mortgage loans:
Federal National Mortgage Association:
Management and liquidating functions
Special aesistance functions
Housing and Home Finance Administrator:
Liquidating programs
Veterans' Administration:
Direct loans to veterans and reserves
Loan guaranty program
Other loans:
Ve terana Admlnl strat ion
Direct loans to veterans and reserves
Loan guaranty program
'
Total to aid home owners
T o aid industry:
Loans to railroads:
Expansion of defense production:
Treasury Department
Other purpoeea:
Treasury Department:
Reconstruction Finance Corporation liquidation
fund
Ship mortgage loans:
Commerce Department:
Maritime activities
Other loans:
Kipanelon of defense production:
Interior Departnent
Treasury Department
Defense production guarantees:
Air Force Department
Army Department
Ravy Department
Other purposes:
Housing and Home Finance Administrator:
Liquidating programs
Inland Waterways Corporation
Interior Department:
Bureau of Coraoerclal Fisheries:
Fl sher les loan fund
Small Business Administration:
Revolving fund (lending operatlone)
Reconstruction Finance Corporation llqiildation
fund
Snaller War Plants Corporation (in liquidation)..
Treasury Department:
Civil defense loans
Reconstruction Finance Corporation liquidation
fund
Virgin Islands Corporation
Total to aid industry
9,681
2,773,632
Certain other activltlea
:
December 19y8
103
,
COBPORATIOITS AND CERTAIM OTHER BUSIMESS-TYEE ACTiViTJJS,
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding, Jime 30, 1958, Excluding Interagency Loans,
Classified by Types of Loans - (Continued)
(in thouaands of dollare)
Public enterprise
revolving 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:
Public facility loans
Liquidating programs
urban renewal fund
Inland Waterways Corporation
Public Housing Administration
Treasury Department:
Miscellaneous loans and certain other assets.
Total to aid States, Territories, etc.
81,123
81,123
11,282
11,282
8,1*35
8,1.35
68,855
68,855
11
11
91,266
91,266
9,91*6
9, 91*6
270,918
179,81*9
1,T79
1,779
52,919
52,919
32,375
32,375
91,069
To aid financial iDBtltutlgna
Loans to banks:
Tressury Department:
Reconstruction Finance Corporation liquidation
fund
Foreign loans:
Guaranteed loans held by lending agencies:
Export-Import Bank of Washington
Other loans:
Expansion of defense production:
Export-Import Bank of Washington
Other purpoaes:
Cocamerce Department:
Maritime activities
De ve lopn^nt loan fund
Export-Import Bank of Washington:
Regular lending activities
Liquidation of certain Reconstruction Finance
Corporation assets
International Cooperation Administration
Treasury Department:
Miscellaneous loans and certain other asaete..
Total fore ign loans
Other loans:
Health, Education, and Welfare Department:
Office of Education:
Loans to students
Housing and Hone Finance Administrator:
College housing loans
Liquidating progrsms
Interior Department:
Bureau of Indian Affaire:
Loans for Indian assistance
Revolving fund for loans
Office of Territories:
Loans to private trading enterprises
Snail Business Administration:
Revolving fund (lending operations)
Reconstruction Finance Corporation liquidation fund.
Treasury Department:
Miscellaneous loans and certain other assets
Veterans' Administration:
Insurance appropriations policy loans
Service-disabled veterans' lna\n*ance fund
Soldiers' and sailors' civil relief
Vocational rehabilitation revolving fund
Total other loans.
Total loans.
'>i
1*3,971*
,97''
1,500
1,500
2,987,356
2,987,356
21,025
21,025
2,1*36,705
2,'t36,705
3,U70,322
9,OU6,175
3,1*70,322
3,095,171*
U13
1*13
37't,"*50
371* ,1*50
8,5^3
8,51*3
189
8,370
8,370
189
287
287
1*8,313
1*8,313
5,076
5,076
201
201
1*32
1*52
337
60
87
5,951,001
337
60
87
Wt6,780
Ul*5,52it
1,256
18,907,780
8,975,706
9,932,078
Treasury Bulletin
loM-
.
COBFOBAIIQRS AND CERTAHI OTHER BUSHIESS-TXPE tCTlTmSS.
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods, Excluding Interagency Loans
Part A.- Classified by Types of Loans
(In millions of dollare)
To aid home owners
To aid agriculture
Total
End of
period 1/
Total
to aid
agriculture
Fiscal years:
1950
1951
1952
12,771.7
3,773.3
13,689.11
3,6711.7
11,058.2
11,996.6
1953
16,066.0
17,863 .U
19^
18,7'«3 .8
1955
1956
1957
1958
19A20.5
20,5117.5
21,812.9
22 ,893.11
Agricultural
credit
corporations
6,389.1
6,361.7
6,789.6
6,827.5
6,913.11
Cooperative
associations
Crop, liveetoclc, and
cosBnodlty
loans 1/
573.7
751.7
865.8
823.9
1,659. Or
1,958. 8r
2,17li.3r
1,003.1
2,333.3r
1,216.5
7711.0
2,li67.9r
I1O8.6
1137.7
8I1I1.6
2,60li.lir
89l1.l1
2,77li.li
2,1160.5
2,2311.0
2,1152.9
996.5
1,227.0
2,979.3
3,191.6
507.1
629.1
671.3
589.8
635.6
686.5
733.6
928.8
1,892.5
2,171.5
Total
to aid
hone
owners
Farm
mortgage
loans
515.9
530.1
5^9.6
588.8
21.6r
25.5r
30.9r
6li7.2
1,315.7
1,809.1*
2,387.1*
Mortgage
loans
2,91i*.l
39.5r
2,911* .2
2,8lli.li
liU.6r
3li.2r
25.0
1,290.7
1,809.1
2,387.3
.3
.1
.1
.1
2,8lU.2
kj
3,0911.8
3, 091*. 6
275.3
392.5
3,377.7
2,089.2
1,688.2
311* .2
lili8.2
l*,380.5
3,302.7
1*, 276.0
101*.
359.2
lili7.3
U,628.2
1*, 1*73.
1511.7
952 .U
508.8
517.1
566.7
597.6
628.7
23.
1,528.1
1,525.2
2, 11*1.
2 ,603 .2
596.1*
U1.2
366.2
631*. 1
.2
71*
.9 !*/
Calendar yeara
1950
1951
13,1113.2
3,88U.l
595.1
17,966.7
20,086.0
19,575.5
20,506.3
21,091.5
22,755.6
11,161.3
111,
1952
1953
195l»
1955
1956
1957
Current quarters;
1957-March
September
1958 -March
31.
30.
31.
5,070.3
6,810.5
6,929.2
6, 715 .It
6,785.11
6,681.1
812.8
2,3ltl.l
2,li68.6
l,li53.8
2,589.6
2,721.7
3,116.2
3,026.2
2,669.7
2,9511.1
2,lilil.6
3,152.0
1,8U0.7
30.9
37.3
38.I1
ll9.2
289.8
357.5
1*01.9
2,11*1.6
2,603.3
2,930.0
2,906.8
.1
.1
.2
k/
3,201*. 1
3,771.1*
l>,768.6
3,683.1
U,6U2.0
11,078.11
li,56li.8
95.5
115.5
776. I*
11*0.7
21,807.1
21,820.5
7,289.3
6,U66.5
81iO.li
2,975.9
2,71*3.0
300.0
3,0711.1
31*5.3
1,039.11
3,169.8
1,613.6
2,587.1
1130.0
1*36.9
'*,173.9
996.5
7,60ii.l
360.3
1*1*7.6
1*,
1*
,680.3
917.0
I*,
88;3
126.6
!*/
To aid financial Inatltutlcns
To aid
Total
to aid
Industry
.3
2,929.9
2,906.6
3,201l.li
23,1*99.5
To aid Industry
End of
period 1/
3.0
Loans to aip
railroads mortgage
loans
Total to
aid financial
Institutions
Insurance
companies
Mortgage
loan
companies
States,
Territories,
etc.
Foreign
loans
5/6/
Other
loans
Fiscal years:
1950
1951
1952
1953
628.0
603.1
113.0
51*9.1*
1951*
1*26.7
1*38.5
85.2
78.6
11.9
12.7
12.7
12.3
8.0
611*.
1955
1956
1957
1958
626.9
639.6
651* .2
101*.
^
^
^
515.0
1*53.6
I198.I1
821*
611.2
653.0
535.9
"155.2
718.5
677.9
1,019.2
1,180.6
1,086.6
933.7
ll
I1II1.7
1*25.8
221.0
218.6
191.0
.5
393.2
I1O8.8
2.6
1*37.1*
1*22.9
6,U6.3
810.7
560.9
732.5
732.7
332.3
255.2
226.8
6,151.1
7,617.0
.1
.1
13.6
13.7
5.1
*
l*.5
713.9
2.8
2.2
3.7
671.1*
3.1*
1,013.5
61*7.9
61.9
65.7
66.11
8,032.1*
88.5
138.7
218.6
21*3.0
8,171.6
8,300.2
335.5
929.5
270.9
9,01*6.2
1*1*6.8
810.2
800.7
859.6
1*68.0
6,077.8
712.3
1,020.2
6,U0.3
62.6
66.2
7.2
7.2
1,173.1*
1,079.1*
1*.2
7,798.1*
7,961*.
171*. 3
Calendar yeara:
1950
1951
1952
1953
568.0
589.1
597.6
587.8
1951*
1*31.3
1955
1956
1957
678.3
619.3
673.9
U.2
628.7
651.6
12.3
10.3
Current quarters:
1957-March
Septemher
1958 -March
31.
30.
31.
Footnotes at end of tahle.
61*1*.
109.9
100.7
81.9
79.0
11.5
12.5
10.3
8.1
U58.I
821*.
1/
1*88.5
81U.2
515.7
508.8
U19.8
861*.
^J
I1O6.5
l,lil9.0
387.5
1,235.5
1,272.3
260.7
219.3
216.8
1*1*6.9
951.8
869.8
228.1*
387.9
216.0
202.5
1*25.3
968.1
1,126.0
1
703.1*
1*31*.
.1
.1
2.3
3.5
7.3
7.2
7.3
7.2
7.2
11*
.0
13.1*
l*.9
U.5
3.7
3.1
7,736.2
71*.
91*7.2
61*1.
.6
8,0li2.6
863.8
271.7
8,000.5
7,988.3
8,223.5
8,753.7
118.7
166.0
256.0
1,1*12.1*
2I1I1.9
1,228.2
1,265.2
261*.
960.7
1,118.8
696.3
2I16.O
272.3
275.9
271* .5
8,237.0
8,316.2
8,965.3
210.1*
31*1.9
237.8
303.9
390.1*
3
6
8
9
2
u
U
8
9
1
3-
5
U
December 19^8
105
.
COEPORATIQHS AHD CERTAIM OTHER BUSINESS-TTPE ACTiVlTlBS.
Section
I
-
Statements of Financial Condition
Table 8.- Loans Outstanding by Periods, Excluding Interagency Loans
Part B.- Classified by Agencies
(In millions of dollars)
End of period
Total
2/
Interna- Export -Import Bank Farm Credit Administration
of Washington
tlonBl
Federal
CooperaBanks
Federal
ExpanIntertion
for
Farm
sion of
mediate
Adminiscooper
Mortgage credit
defense
tration 2/ prjd.
atlvee
Corp.
banks
Fed. Home
Loan Bk.
Board
Fed. home
loan
banks
RFC 10/
Expansion of
defense
prod.
Veterans'
Administration
aaall
Business
Loan
Direct
Adminguarantj
istration loan
program program
GSA
Public
Works
Admin,
(in 114uldation)
Fiscal years;
1950
1951
1952
1953
1951*
1955
1956
1957
1958
Calendar years:
1950
1951
1952
1953
1951*
1955
1956
1957
Current quarteri
1957-Mar. 31
Sept. 30
1958-Mar. 31
12,771.7 11/
2,233.3
2,321.6
2,388.9
21*5.1
.1
1,529.7
.1*
2,51*7.0
321*.
1,51*3.5
13.1
22.3
30.3
36.5
2,761.8
2,773.6
2,681.5
2,630.2
3,061.3
309.2
321.7
13,689.1*
16,066.0
1,1*57.2
17,863.1*
18,71*3.8
19,1*20.5
20,51*7.5
21,812.8
22 ,893
.U
1,691.6
1,885.5
2,111.3
2,U36.7
32.1*
23,1*99.5
52.9
39-7
29.3
21.6
15.9
11.6
12/
31*9.1
38l*.3
1*10.0
1*21*.
.2
2,1*96.1
1*21*.
21*
2,833.3
377.3
366.7
375.1
13.1*
1,991*.
7.9
19-8
23-5
38.2
2, 191*.
31*.
2, 031*.
38.8
36.5
11*, 595.1
21,807.1
21,820.5
31*3.1
2,226.5
2,296.0
13,1*13.2 11/
17,966.7
20,086.0
19,575.5
20,506.3
21,091.5
22,755-6
312.1
1,511*.
1,536.8
1,623.9
1,766.8
2,139.5
2,337.7
31*.
2, 806.
2,702.2
2,663.1
3,005.6
2,638.7
2,6l9.U
3,076.7
31*5.5
8
1*57.1
1*51*.
5
U22.7
1*5.5
31* .0
.9
18.1*
11.6
12/
571* .2
U112.8
751*. 1
816.2
652.7
718.3
675.1
1,016.9
865.7
823.8
773.9
81*6.6
897.7
996.5
1,227.0
1,173.1*
1,079.1*
510.2
633.0
673.3
590.2
637.7
816.0
805.9
86U.2
951.6
867.5
1,U16.8
1,228.2
1,265.2
689.1*
733.6
928.8
81*0.1*
1*30. 1*
997.0
1*28.2
1,039.1*
151*.
521.3
21*5.5
691*. 1
6.9
17.2
28.3
39.5
50.8
60.5
78.2
106.8
156.8
71*3.5
112.7
22.7
671* .0
161*.
33-7
257.1
328.6
1*U.2
26.8
91*5.9
6.8
59.3
323.2
802.9
656-8
652.7
379.6
929.5
960.7
1,118.8
696.3
59.1*
132.3
207.1*
31*.
298.2
370.2
85.1
1*33.3
2.2
816.0
589.5
51*.
1*12.8
115.6
202.9
U63.8
131.5
186.9
216.0
U87.6
573.5
677.1
61*0.1*
89.1
87.1
86.8
86.5
85.6
U.O
87.2
87.1
86.7
85.9
8U.9
83.8
82.6
81.5
55-6
68.2
91.2
129.2
98.0
117.7
11*2.9
81*.
83.1*
82.3
81.1
82.
81.7
81.2
io6
Treasury Bulletin
.COEPORATIOWS AND CERTAIH OTHKR BUSIWESS-TYEE ACTIVITIES.
Footnotes to Table
1/
BuBlnees-typo activities reporting purauant to Departanont Circular
No. 966.
2/
t^
Activities reporting pursuant to Supplement No. 1 to Department
Circular No. 966. These are mainly not buelneas-type activities.
Excluded from the Juno 30, 1958, figures are those activities whose
Imports for that date cover assets only (see Headnote), and also
certain activities of the Department of Defense, which have not
yet furnished the data required by Supplement No. 1.
1
With the exceptions Indicated In footnote 2.
These amounts consist In the main of unexpended balances of general,
special, and revolving fund accounts against which checke may be
drawn to pay proper charges under these funds. The fimda are
considered as aaaete of the agencies, but are not assets of the
United States Government since funds must be provided out of future
receipts to take care of checks to be Issued against the balances.
Less than $500.
Footnotes to Table 2
1/
2/
Includes $52,919 thousand guaranteed loans held by lending agencies.
Certain corporations and other business- type activities that have
submitted statements of financial condition have guaranteed and insured loons which were made by private financial Institutions.
These comaitments are of a contingent nature and have been excluded
frcm their balance sheets. The major sgencies that have these
contingencies and the amounts are as follows:
AotlTlty
Amount
a/
y
2/
6/
(In thousands
of dollars)
International Cooperation Administration:
Foreign investment guaranty fund
Veterans' Administration:
Loan guaranty program
Housing and Heme Finance Agency:
Office of the Administrator:
Ifrban renewal fund
Federal Housing Administration
Public Housing Administration
Agriculture Department:
Farmers' Home Administration:
Farm tenant mortgage Insurance fund
Comnerce Department:
Federal ship mortgage Insurance fund
Defense production guarantees (various activities)..
156,783
Represents the remaining accountability of the Itolted States Government in certain assets and llabllltlee transferred from the Peconstruction Finance Corporation effective July 1, 195"*.
The surplus is considered by the Corporation ae available for future
insurance losses and related expenses with respect to insured
institutions.
Consists of net income from power operations of $U68.Ul2 thousand
and net expense of nanrevenue-produclng programs of $186,885
thousaad.
Pepresente the net Investment of the United States Government transferred frcan the Reconstruction Finance Corporation effective July 1,
1951*.
2/
17,010,000
11/
131,292
22,611,530
3,109,157
12/
17**,706
IS/
Represents the equity of the Uhited States Treasury In this fund.
Includes unrealized purchase discounts amounting to $969 thousand.
Includes certain assets transferred to municipalities ^rtilch were
formerly Included In "Nonlnterest-bearlng Investment - Other."
Includes operating and admlnlatratlve expense funda.
Includes guaranteed loans and certificates of interest aggregating
$U28,OU7 thousand which are held by lending agencies.
Includes $5,600 thousand advanced from a revolving fmd which has
been established by appropriations.
Represents invested and donated capital.
Includes net accrued interest of $1^268 thousand on investment in
power facilities.
Figures are shown on an estimated basis.
Less than $500.
78,590
253,538
Footnotes to Table 4
1/
2/
Consists of certain activities that are reporting on a quarterly basis
and a semiannual basis at the present time. These are businesstype operations.
Represents assets and llabllltlee of the Uilted States Civil Service
Commlsaion exclusive of trxist and revolving funds.
Represents approprlationa for salaries and expenses.
Represents assets and liabilities of tto General Services Administration exclusive of trust and revolving funda, and strategic and
critical materials.
See Table 2, footnote 2.
Includes vessels owned and under ccnstructlon.
Represents fijmda returned to the Italted States Treasury from sale of
capital assets.
2/
10/
M/
-
Part A
Represents interest on Invested capital.
Includes atock of the International Bank for Reconstruction and
Developnent amounting to $635,000 thousand and subscriptions to the
International Monetary fund and the Intematiocal Finance Corporation amounting to $2,750,000 thousand and $35,168 thousand,
respectively.
Includes $1,000,000 thousand due mder the agreeiMnt with Germany
Febriiary 27, 1953, ^nd lend-lease and surplus property balances due
the ttolted States In the principal amount of $1,875,183 thousand.
Includes loan to the Uilted Kingdom amounting to $3,U70,322 thousand
outstanding.
Lees than $500.
Footnotes to Table 4 - Part B
I
1/
6/
Ccnalsts of activities ^Ich are required to report only on an annual
basis as of June 30, pursuant to Supplement No. 1 to Department
Circular No. 966. These are mainly not businesa-type operations.
Excluded from the June 30, 1958, figures are those activities whose
reports for that date cover assets only (see Headnote), and also
certain activities of the Department of Defense, which have not yet
furnished the data required by Supplement No. 1.
Includes the National Gallery of Art.
Represents nonrevenue-produclng operations.
Coneiata of: Leglalatlve Branch - salaries and expenses of the Office
of the Superintendent of Docunents; KMcutive Office of the President Bureau of the Budget and Comail of Economic Advisers; and the
Independent offices of Advisory Ccmmilttee on Weather Control, Airways
ModemlEatlon Board, Comnlsslon on Civil Rights, Corregldor Bataan
Memorial Ccannlaslon, Federal Coal Mine Safety Board of Review, General
Accounting Office, National Science Foxndatlon, Renegotiation Board,
Securities and Exchange CcBmlsaion, Subversive Activities Control
Board, and The Tax Court of the ttilted States.
Consists of activities of the Office of the Administrator othar than
revolving funds, and administrative expenses of the Public Housing
Admlni atratlon
Consists of: Extension Service, Farmer Cooperative Service,
Agricultural Coneervatlon Program Service, Agricultural Marketing
Service, Foreign Agricultural Service, Commodity Exchange Authority,
Soil bank program, Comnodlty Stabilization Service, Office of the
General Counsel, Office of the Secretary, Office of Information, and
Library.
Consists of: general administrative activities. Office of the
Secretary; Bureau of the Census; Patent Office; and National Bureau
of Standards.
8/ Represents civil actlvltlee exclusive of the intragovemmental revolving fund.
2/ There Is included in this figure the amount of $2,805,996 thousand
which represents the value of Improveiwnts provided by the Federal
Government for channels, hsrbors, local flood protection projects,
alteration of bridges, and other types of work. These Items have
been excluded Trom the value of assets reported under the annual
report of real property owned by the Government furnished to General
Services Administration.
10/ Consists of: Food and Drug Administration; Freedmen's Hospital;
Gallaxidet College; Howard Uiiversity; Office of Vocational Rehabilitation; Social Security Administration - Bureau of Public Assistance,
Children's Bureau, and Office of the CcnmilsBloner; and Office of the
Secretary,
ii/ Consists of Bureau of Dand Management and Office of Terltorlea.
22/ Consists of: Bureau of Accounts, Bureau of the Public Debt, Office of
the Treasurer, Bureau of Customs, Bureau of Norcotlcs, and united
States Secret Service,
13/ Does not include the cash balance in the account of the Treasurer of
•
the llilted States.
Less than $500.
jj
,
December 1958
107
.
CORPOKATIOIfS AND CERTAIN OTHER BUSINESS-TYPE ACTIYITIES,
Footnotes to Table 8
1/
2/
^
U/
^
6/
2/
8/
lx>anB for the fiscal and calendar
joare I9U5 through 19l*9 were
published In the June I958 leaue of the Bulletin.
on
loans
Flsuree
outstanding beginning 1956 Include loans under
deposit and trust revolving fund activities not included In Table 7.
For the purpose of showing all of the Government loans outstanding,
the deposit and trust revolvlog fund loans have been included In
Table 8.
Includes guaranteed loans held by lending agencies.
The major portion of the loans of the Veterans' Administration loan
guaranty program are included under "Mortgage loans" throi^ 1955
and under "Other" to eld home owners thereafter.
Figxires representing loans made by the International Cooperation
Administration prior to 1952 are not available at this time.
Incluies the loan to the Ubited Kingdom and guaranteed loans held by
lending agencies.
Beports on maritime activities were not received by the Itoited States
Treasury Department during the period from March 31, 19**7, through
March 3I, 1953. Reorganization Plan No. 21, effective May 2U, I95O,
abolished the Uhited States Maritime Commission and transferred its
functions into the Departioent of Commerce.
Reports have been received from the Commerce Department on maritime
activities for the fiscal yeeir 1953 and thereafter, but no loans were
Beginning with that date, certaij
reported prior to December 31, 1955
mortgage notes are classified as mortgage loans.
Established In the Department of State by Executive Order No. IO610,
dated May 9, 1955, and effective at the close of business June 30,
1955> as successor to the Foreign Operations Administration. Data
for earlier periods are for predecessor agencies.
On September 29, 1953, pursuant to the act approved July 30, 1953
(15 U.S.C, 609), the Reconstruction Finance Corporation started
liquidation of its activities, except those carried on by the
Corporation pursuant to Section U09 of the Federal Civil Defense
Act of 1950 C50 App. U.S.C, 2261) and expansion of defense production
activities carried on piirsuant to the Defense Production Act of 1950,
as amended (50 U.S.C. App. 2091-209^), 4*lch had been transferred to
the Secretary of the Treasury as of September 28, 1953, &nd as of the
close of business on September 28, 1953, respectively. Effective at
the close of business June 30, 195^, pursuant to Reorganization Plan
No. 2 of 195^, certain functions and related assets of the Corporation
were transferred to the Export-Import Bank of Washington, the Federal
Rational Mortgage Association, and the Small Business Administration.
On July 1, 195**, the remaining activities of the Corporation were
transferred to the Secretary of the Treasury to complete their
liquidation, pursuant to the act of July 30, 1953, as amended Jmxe 29,
The Corporation was abolished effective at the close of
195^^.
business June 30, 1957, by Reorganization Plan No. 1 of 1957, and
the remaining fimctiona of the Corporation were transferred to the
Bousing and Home Finance Administrator, Administrator of General
Services, Administrator of the Small Business Administration, and the
Secretary of the Treasury.
Totals Include loans of Heme Owners* Loan Corporation amounting to
$6U.2 million as of June 30, 1950, and $9.6 million as of December 31,
1950.
Beginning I956 notes receivable which had previously been classified
as loans are classified as other assets and are not included In this
table.
Figure for Jiaie 30, 1950, conslsta of Alaslca bousing loans. Subsequent figia-«8 include also; beginning December 31, 1950, loans for
•
2/
10/
11/
12/
33/
community facilities service (previously Included under Public Works
Administration), prefabricated houelr^ loans (transferred from the
Reconstruction Finance Corporation), and urban renewal loans
authorized by the Housing Act of I9U9, as amended (U2 U.S.C. ll*52
(a)); beginning December 31, 1951, college housing loans authorized
by the Housing Act of 1950, as amended (12 U.S.C. 17^9); beginning
December 3I, 195"*, loans held by the revolving fund established
pursuant to the act approved June 2U, 195U (68 Stat, 295) for liquidation of not only Alaska housing, community facilltiea service, aial
prefabricated housing loans already Included but also loans under
the Farm Security Administration program, the public war housing
progi*am, and the veterans' re -use housing program, all three of
which previously were handled by the Public Housing Administration;
as of December 31, 1955, public works planning loans authorized by
the Housing Act of 195** approved Ai^ust 2, 195l^ (UO U.S.C. 1*62);
beginning December 31, 1956, public facility loans authorized by the
Housing Amendments of 1955 approved August 11, 1955 (U2 U.S.C. IU9I);
and from December 31, 1956 through September 30, 1957, community
disposal operations loans authorized by the Atomic Bwrgy Cosnualty
Act of 1955 approved Ai^ust h, 1955 (U2 U.S.C. 2301 note) and
KMcutlve Order No. IO657 of Febrtary lU, 1956.
1^/ The Federal HatlomO. Mortgage Association Charter Act approved August 2,
195"* (12 U.S.C. 1716), authorized the Association to carry on three
functions consisting of management and liquidating fimctions, secondary market operations, and special assistance functions. Its activities under these three functions began on November 1, I95U.
15/ All figures In this colxmm Include the loans of the Uhlted States
Housing Act program. Also Included are the homes ccnversion program
as of June 30, 1950, the Farm Security Administration and public war
housing programs fran June 30, 1950, thjpoieb June 30, I95I*, and the
veterans* re-uee housing program frcm Jine 30, 1953 throi^ June 30,
I95U (see footnote 13).
16/ Consists of the Formers' Heme Administration loan programs, the disaster loans, etc., revolving fiaid, the farm tenant mortgage insurance
fund, and the State rural rehabilitation funds beginning Jme 30, 1956.
Prior to June 30, 1956, the farm tenant mortgage insurance fund was
included in the statement of financial condition of the loan programs.
17/ See footnotes 7 and 8.
^aj Caoaiete of the loan to the Ublted Kli^doei and other nlaceXIaneoue
loane, Federal civil defenee loana ^ginning Decemter 31, 19^3, and
the loans of the Reconetructlon Finance Corporation liquidation fixid
heglnnlng Septemher 30, 1957 (see footnote 10),
19/ The major portion of the loans are held by the Inland Waterways Corporation; Department of the Interior - Puerto Blco Reconstruction
Administration through Deoomher 31, 195lt, fisheries loan fund beginning March 3I, 1957, and Indian loans; DopartBsnt of the Aiwy guaranteed lx>ans (World War II) throieh March 31, 1958; the developnent loan fund as of June 30, I958; and agencies reporting loans
pursuant to the Defense Production Act of 1950, as amended (50 U.S.C.
App. 2091), vhlch conalet of the Departasnta of the Arny beginning
June 30, 1951, Nayy beglnnli« December 31, 1951, and Air Force beginning June 30, 1956.
20/ Beginning 1956 mortgage notes and sales contracts vhlch had previously
been classified as loana are classified as other aseeta and are not
Included in thla table.
.
less than $50,000.
r
Revised for reclassifloatlon of Rural Electrification Administration
loans.
Treasury Bulletin
X03
.CUMULATIVE TABLE OF CONTENTS.
January through December 1958
Ibsub and page number
1958
Jan.
Reporting bases
Articles:
Treasury financing operatlans
Svaaaxj of Federal f isced operations
Budget receipts and eipendlturea:
Receipts by principal sources
Szpendltures by agencies
Siunmary of appropriations and authorisations, expendltiires,
and balances, by agencies
Sxpendlturea and balances by funotiona
Trtist accoxint and other transactions:
Sumaary of trust account and other transactions
Trust account receipts
Trust and deposit fund account expenditures
Net InTestnent Iqt Goremment agencies In public debt securities....
Ret redeBq)tlaa or sale of obligations of Govemment agencies In
the market
Federal Old -Age and SurrlTors Insurance Trust Find
Uumploynent Trust Fixid
Bal Iroad Betirement Account
Rational Service Life Insiiranoe Fund
mTestaents of specified trxist accounts in public debt securities,
by Issues (latest date Septenber 30, 19^)
6
Cash income and outgo:
Sunmary of Federal GoTemment cash transactions with the public...
SuBBary of cash transactions through Treasurer's account
Derivation of Federal receipts from the public, and reconciliation
to cash deposits In Treasurer's account
Derivation of Federal payments to the public, and reconciliation
to cash withdrawals from Treasurer's accoxmt
IntragoTemnental transactiona
Accrued interest and other noncash expenditures
Derivation of Federal net cash debt transactions with the public,
and reconcillaticn to transactions through Treasurer's account....
Accoiat of the Treasurer of the Hiited States:
Status of the account of the Treasurer of the Oiited States
Analysis of changes in tax end loan e^jcount balances
Debt outstanding:
Sunmary of Federal securities
Computed interest charge and rate on Federal securities
Interest-bearing public debt
Average length and maturity distribution of marlcetable
Intereet-bearlng public debt
Special lsBT»s to U. 5. Govemaent investment accounts
Treasiffy holdings of securitiea isauad by Government agencies
11
11
12
13
13
lU
Ifi
17
18
19
18
19
20
Statutory debt limitation
Debt operations:
Maturity schedule of interest-bearing public marketable securities
Issued by the U. S. Govemment
Offerings of Treastar bills
SiBBary of new money financing throiigh Treaaury blUa
Offerings of narketable issues of Treasury bonds, notes, and
•
certificates of Indebtedxiess
Allotments
Investor classes on subscrlpticos tar narketabla
isai«s of Treasury bonds, notes, and certlfloatee of indebtedneaa.
Disposition of matured marketable Issues of Treasury bonda, notes,
and certificates of Indebtedness
^
22
2U
25
26
29
31
Itilted States aavings bonds:
emulative sales and rede^tions
fey series
Sales an4 redeiq)tloas by periods, all series combined
Sales and redemptions by periods. Series I through K
Bedemptlons of matured and unmatured bonds
Sales aiMl redemptions by denominations. Series B end H combined....
Sales by States, Series K and B ccablned
33
33
3*»
36
Feb.
Mar.
Apr.
Ma;
June
Jul;
Ai«.
Sept,
December 1958
109
.CUMULATIVE TABLE OF CONTEMTS.
January through December 1958
-
(Continued)
leeue and page niaber
1958
Apr.
Ownerehlp of yftderal Becurltles:
Distribution bj clasBes of inveetora and types of laev»B
Net market purchasee or ealea for InTeatmont accounte handled by
the Treasury
Kstljuated ownerehlp
37
38
37
38
38
38
38
39
39
Ma;
1.3
Jwe
38
US
38
39
1.5
UO
Treasury surrey of ownership of Federal securitiee:
Ownership by banks, insurance companies, and others
Ownership by coomercial banks classified by membership in Federal
Reeerre System (latest date June 30, 1958)
39
Market quotations;
Bid -of-month cloaing quotations co Treasury aecuritiea
Chart - Yields of Treasury securitiee
''3
50
i»8
1.1.
1.9
u
l'5
52
50
1.6
51
1.6
51
52
1.7
52
53
1.7
U8
53
1.9
51.
1.9
51.
50
55
50
51
57
51
52
52
53
56
57
57
58
59
53
58
l?y
Issues..
1.6
UO
July
Ai«.
39
U6
39
UO
U6
U7
U8
Sept.
UO
U5
UO
Ul
UO
Ul
U5
U6
U2
U2
U7
50
52
U6
U8
51
53
5U
U9
50
5U
55
56
57
51
52
56
58
59
59
60
61
U6
U5
U7
53
Average yields of lopg-term bends:
Average yields of Treasury and corporate bonds by periods
Chart - Average yields of Treasury and corporate bonds
i«6
U7
1.8
U8
U9
55
56
55
Internal revenue collections:
Siamary by principal sources
Chart - Internal reventie collections by principal sources
Detail of excise tea collections
U8
U9
55
56
55
57
Mcnetary statistics:
Money in circulation
Monetary stocks of gold and silver
Gold assets and liabilities of the Treasury
Components of silver monetary stock
50
51
51
52
Seigniorage on silver
Increment from reduction in weight of gold dollar (latest date
September 30, 1958)
53
Kxehapge Stabilitation Fund
(
57
58
58
59
60
58
59
60
51.
51.
51.
55
56
52
53
53
5U
59
59
53
60
60
61
51.
55
62
60
60
61
62
5U
55
56
60
59
62
61
61
60
61
63
6U
62
63
latest date June 30, 195fl):
Balance sheet
Income and expense
62
national bank reports:
Swnlngs, expenses,
azid
dividends for calendar years 1953-57
57
Capital movements between the lliited States and foreign comtrles:
Siaaary by periods since 1935
Sunnary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-term banking claims oa foreigners, lateat month
Purchases and sales of long-term securities by foreignars,
latest month
Short-term liabilities and claims reported by noQfinanclal concams.
Long-term liabllitiea and claims reported by banks and bankers
Estimated gold and short-term dollar resources of foreign countries
and international inatitutlons
Foreign credit and debit balances In brokerage accounts
Short-term liabilities, countries and areas not regulBrly reported..
Corporations
Statements
Inccaa and
Source and
and certain other buslnese-type activities:
of financial condition (latest data Jtns 30, 1958)...
expenae ( lateat data Decamber 31, 1957)
application of funds (lAteot date Decemter 31, 1957).
61
62
63
66
70
71
63
72
70
5lt
57
61
61.
68
69
6l«
55
58
62
63
62
65
69
70
6U
65
58
61
65
66
56
59
63
67
65
66
71
68
72
69
75
61>
63
66
70
71
57
6U
60
67
6U
65
71
66
67
7U
72
7U
75
66
77
66
86
68
73
91
GPO
iUMS
TREASURY DEPARTMENT
BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
ISCAL SERVICE.
WASHINGTON
25, D.C.
OFFICIAL BUSINESS
y<^2l^
Treas.
U.S. Treasury Dept.
HJ
10
Treasury Bulletin
.A2
1958
C.2
@FedFRASER