Full text of Treasury Bulletin : December 1966
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
J
Aula
a 1J58
TEASUHY D:PA.r
'F^iT
JUN
9,
^ 1972
TREASUHY DEPARTMENT
POSTAGE AND F=tES PAID
TREASURY DEPARTMENT
Treasury Department
U.S.
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C.
20226
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S
TAT
E S
SAVINGS
BONDS
mi>:
i
DECEMBER
»»!!!
I
!»!»!
1966
!•!•
jmmnmmm''^^y^'^'=E^
:it.-i
UNITED STATES TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
The Treasury Bulletin is for sale by the
Superintendent of Docimients,
U. S. Government Printing Office, Washington, D.C. 20^.02
Subscription per year $8.50 domestic, $11.00 foreign.
Single copy price varies.
December 1966
Table of Contents
Page
Treasury financing operations
I^
Summary of Federal fiscal operations
1
Administrative budget receipts and expenditures.
2
Trust and other transactions
11
Consolidated cash transactions
16
Account of the Treasurer of the United States...
20
Monetary statistics
^^
Debt outstanding
^
Statutory debt limitation
29
Public debt operations
30
United States savings bonds
Ownership of Federal securities
Federal
Treasury survey of ownership of
securities
securities
Market quotations on Treasury
bonds
Average yields of long-term
International financial statistics
Capital movements
^^
^^
80
^3
^5
89
business -type
Corporations and certain other
financial condition. lU
activities - statements of
156
Cumulative table of contents
s
Treasury Bulletin
II
Reporting Bases
Data on receipts, expenditures, and debt which appear in
Treasury'
s
"Combined Statement of Receipts, Expenditures
the "Treasury Bulletin" are based largely on two Treasury
and Balances of the United States Government" and for actual
financial reports, the "Daily Statement of the United States
receipts and expenditures in the "Budget of the United States
Treasury" and the "Monthly Statement of Receipts and Expendi-
Government."
tures of the United States Government."
ments are given as sources for individual tables, they are
the monthly statement reports totals for net budget
I960,
Their respective reporting bases are
receipts and budget expenditures after deduction of certain
For other data in the Bulletin, informa-
interfund transactions which are included in the detail of both
cited by name only.
described below.
J
Beginning with the final statement for the fiscal year
Where these state-
The transactions
tion on sources or reporting bases is given in connection with
budget receipts and budget expenditures.
the tables themselves.
deducted consist of interest payments and minor amounts
The monthly statement of receipts and expenditures was
first published for February 1954-, and replaced the daily
statement as the primary source of information on budget
results and other receipt and expenditure data classified by
type of account.
At the same time, the daily statement was
changed to a statement of cash deposits and withdrawals
of certain other payments made by Government agencies to
the Treasury.
This reporting change was made in accordance
with the plan stated in the President'
January 18, I960.
s
Budget Message of
It does not affect the surplus or deficit.
Figures for earlier periods shown in the Treasury Bulletin
were revised to the new reporting basis in the September 1960
The interfund transactions deducted under this proce-
affecting the account of the Treasurer of the United States.
issue.
Both publications have provided comparative figures on their
dure do not include payments to the Treasury by wholly owned
respective bases from the beginning of the fiscal year 1953.
Government corporations for retirement of their capital stock
The announcement of February 17, WS-i, with respect to these
and for disposition of earnings.
reporting changes may be found in the April
1954.
issue of the
have been excluded currently from budget receipts and budget
expenditures beginning July
Bulletin.
These capital transfers
1,
1948, and figures for prior
fiscal years back through 1932 were revised accordingly
at
The monthly statement shows all receipts and expenditures
that time.
of the Government, including those made from cash accounts held
outside the United States Treasury.
The information is com-
The daily statement on the new basis was first issued
In the deposits and withdrawals as
piled from reports by the Treasurer of the United States and by
for February 17,
all other collecting and disbursing agencies, including those
shown, no distinction is made as to the type of accounts
1954.
The deposits are on the basis of
agencies which maintain checking accounts in commercial banks.
(budget, trust, etc.).
These reports cover transactions recorded in the accounts of
certificates of deposit cleared through the account of the
the agencies during the reporting period.
transactions as compiled from these reports
The net of the
is
reconciled
in the monthly statement to changes in the balance in the
Treasurer'
s
account and in cash held outside the Treasurer'
account and changes in the public debt outstanding.
Receipts of taxes and customs duties are reported on a
collections basis.
Other receipts are reported partially
on a collections basis and partially on a deposits basis.
Expenditures, except interest on the public debt, are reported on the basis of checks issued or cash payments made
by disbursing officers.
Transactions of an interfund or
intragovernmental nature are included on the same basis
Treasurer of the United States.
Total withdrawals are on
the basis of checks paid or cash disbursements made out of
the Treasurer's account.
Some of the withdrawal classi-
fications shown are reported on the basis of mailed reports
of checks issued and are adjusted by means of clearing accounts
to the total of checks paid.
Except for relatively minor
amounts, noncash interfund and other intraeovernmental trans-
actions are excluded.
The public debt figures in the daily
statement also are on a "clearance" basis, with the exception
of those issuance and retirement transactions reported on the
basis of telegrams from Federal Reserve banks.
However,
noncash debt transactions are included.
even though the actual issuance of checks may not be in-
The daily statement before February 17, 1954, covered
Interest on the public debt is included on an accrual
not only transactions cleared through the Treasurer's account
volved.
basis beginning with figures for June 1955 and the fiscal
year 1955.
Prior to that, it was included on a due and
payable basis.
The same reporting basis as that in the
monthly s.tatement provides the fiscal year figures for the
but also certain Government agency transactions which
were
handled through commercial bank accounts, and included noncash
interfund and other intragovernmental transactions.
It pro-
vided information similar to that in the present daily state-
'
i
3
December 1966
III
Reporting Bases
-
(Continued)
Beginning with 1947, expendi-
account,
ment with respect to the status of the Treasurer's
daily stateand similar to that in the present end-of-month
Treasurer of the United States.
and amount
ment with respect to debt issuance, retirement,
ty type
outstanding. Receipts and expenditures were classified
Division of Disbursement were on the basis of checks issued,
daily statement
of account, and the budget results shown in the
under the
were used as the basis for reflecting the results
President's budget program as enacted by the Congress.
Receipts were on the basis of deposits as they cleared
Expenditures cleared through the
the Treasurer's account.
bases.
Treasurer's account were reported on two successive
the
paid
by
checks
Through 19/t6 they were on the basis of
Note:
tures made through the facilities of the Treasury Department'
while certain others, principally those of the Department
were on the
of Defense and its predecessor organizations,
Transactions handled through combasis of checks paid.
transactions
mercial bank accounts, consisting of market
were as reported
in public debt and guaranteed securities,
was included
debt
public
Interest on the
agencies.
by the
November 1949
on a due and payable basis beginning with
time.
that
to
prior
and on a checks-paid basis
because of rounding.
Details of fibres may not add to totals
Treasury Bulletin
IV
Treasury Financing Operations
strip Bills
On November 10 tenders were invited for additional amounts
of three outstanding series of Treasury bills, the one-year
million of noncompetitive tenders.
The average bank discount
rate was 5.552 percent.
issues maturing March 31, April 30, and May 31, 1967, to an
Tenders received for the 365-day bills totaled $2,164
aggregate amount of $1.2 billion, or thereabouts, to be issued
million, of which $900 million were accepted, including $39
on November 25.
million of noncompetitive tenders.
Tenders were opened on November 17 and totaled $2,987
million, of which $1,202 million were accepted including $121
million of noncompetitive tenders.
The average bank discount
rate was 5.519 percent.
13-Week and 26-Week Bills
The average bank discount
rate was 5.318 percent, based on 156.3 days, the average
Issues of regular weekly Treasury bills in November
totaled $9.2 billion, replacing an equal amount of maturing
number of days to maturity for the three issues.
The limit
bills.
for noncompetitive tenders was $120,000.
There were three 91-day issues and one 90-day issue
Bidders were required
of $1.3 billion each and three 182-day issues and one 181-day
to submit a single price for each unit of $3,000, or an even
issue of $1.0 billion each.
Average rates for the new issues
multiple thereof, and accepted tenders were apportioned equally
are shown in the following table.
to the three series of bills.
Any qualified depositary was permitted to make payment
by credit in its Treasury tax and loan account for bills
allotted to it for itself and its customers up to any amount
for which it was qualified in excess of existing deposits.
Tax Anticipation Bills
On November 30 tenders were invited for $800 million, or
thereabouts, of 192-day tax anticipation bills, representing
an additional amount of bills dated October 18, 1966, maturing
June 22, 1967, to be issued December 12.
The bills will be
acceptable at face value in payment of income taxes due on
June 15, 1967.
Tenders were opened on December 6 and totaled $1,662
million, of which $801 million were accepted,, including $13
million of noncompetitive tenders.
The average bank discount
rate was 5.2^5 percent.
Payment by credit in Treasury tax and loan accounts was
not permitted.
9-Month and One-Year Bills
On November 17 tenders were invited for $900 million, or
thereabouts, of 365-day Treasury bills, to be dated November
30,
1966, and for $500 million, or thereabouts,
of 27A-day
Treasury bills, representing an additional amount of bills
dated August 31, 1966, maturing August 31, 1967, to be issued
November 30.
These issues were to refund $1 billion of bills
maturing November 30 and to raise
$-400
million cash.
Tenders
were opened on November 23.
Tenders received for the 274-day bills totaled $1,183
million, of which $501 million were accepted, including $14
13-week
(Additional amount of bills of
original maturity of 26 weeks)
December 1966
Treasury Financing Operations
Uncompetitive tenders (without stated price), usually
-
(Continued)
for $200,000 or less from any one bidder, are accepted in full
Foreign currency series securities issued in November
consisted of two certificates of indebtedness equivalent to
at the average price of accepted competitive bids for an issue.
$78 million and one note equivalent to $28 million.
Payment for accepted tenders must be made or completed
on the date of issue, in cash or other immediately available
funds or in a like face amount of Treasury bills maturing on
that date.
Payment for 13-week, 26-week, 9-month, and one-year
bills may not be made by credit in Treasury tax and loan
pccounts.
One
certificate denominated in German marks equivalent to $50
million, bearing interest at the rate of 5.48 percent, is
dated November
1,
1966, and matures November 1, 1967.
The
other certificate denominated in Swiss francs equivalent to $28
million, bearing interest at the rate of 5.56 percent, dated
November 9, 1966, and due November 9, 1967, was redeemed
Foreign Series and foreign Currency Series
November 16.
In November the Treasury issued one 3-month certificate
A note denominated in Swiss francs equivalent
to $28 million was issued November 16,
1966, due November 17,
and carries interest at 5.58 percent.
of indebtedness of the foreign series in the amount of $25
1967,
million, bearing interest at the rate of 5.25 percent.
of matured securities amounted to'the equivalent of $78
tions during the month totaled $128 million
million.
Note:
Redemp-
million
million.
At the end of November, foreign currency series
As of November
securities outstanding totaled the equivalent of $859 million,
foreign series securities outstanding totaled $645
and were denominated in Austrian schillings, Belgian francs,
for certificates and $30 million for a bond.
30, 1966,
- $98
Redemptions
German marks, Swiss francs, and Italian lire.
Details of Treasury market financing operations are shown elsewhere in tables on public debt operations.
,
December i966
SUMMARY OF FEDERAL
FISCAL OPERATIONS
(In millions of dollars)
Administrative budget
receipts and expenditures
Net
receipts
Net
expenditures
Surplus
or
deficit
Net
trust
and other
transactions
Net
increase
Clearing
account,
etc. 2/
1/
(-)
(-)
Fiscal years
1950
1951
1952
1953
1954
1955
1956
in
public
debt, or
decrease
Net
increase in
Treasurer' s
account
balance, or
decrease (-)
Levels, end of period
Balance in
account of
Treasurer
of United
States
Debt outstanding
Public
debt
Guaranteed
securities
Total
Federal
securities
Subject to
limitation
256,652
254,567
258,507
265,522
270,790
273,915
272,361
270,188
276,013
284,398
286,065
288,862
298,212
306,099
312,164
317,581
320,102
2/
:
1964
1965
1966
36 ,422
47 ,480
61 ,287
64 ,671
64 ,420
60 ,209
67 ,850
70 ,562
68 ,550
67 ,915
77 ,763
77 ,659
81 ,409
86 ,376
89 ,459
93 ,072
104 ,727
39,544
43,970
65,303
74,120
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
87,787
92,642
97,684
96,507
106,978
-3,122
3,510
-4,017
-9,449
-3,117
-4,180
1,626
1,596
-2,819
-12,427
1,224
-3,856
-6,378
-6,266
-8,226
-3,435
-2,251
1967(Est.)
111,000
112,847
-1,847
37,235
52,877
64,705
63,654
60,938
63,119
70,616
71,749
68,262
72,738
79,518
78,157
84,709
87,516
88,696
96,679
37,657
56,236
70,547
72,811
64,622
65,891
66,838
71,157
75,349
79,778
77,565
84,463
91,907
94,188
96,945
101,378
-422
-3,358
-5,842
-9,157
-3,683
-2,771
3,779
311
815
-7,088
-7,040
1,953
-6,306
-7,199
-6,672
-8,248
-4,699
-259
267
1,092
-691
23
-698
234
729
168
151
694
7,037
8,856
7,051
8,770
-15
86
-188
5,642
7,518
11,188
8,549
7,268
13,404
7,676
7,146
8,139
8,268
8,116
9,070
-2,033
372
3,049
230
3,807
7,350
10,999
3,295
8,106
9,553
7,240
8,990
9,452
8,750
9,105
9,426
-3,434
-1,640
1,548
-5,455
-999
126
1966-Jan
Feb
Mar
Apr
May
June
6,453
8,335
11,297
9,929
8,452
17,151
8,809
8,156
10,193
8,362
9,055
9,439
-2,356
July
Aug
Sept
Oct
Nov
5,702
7,197
12,475
5,811
7,394
10,263
11,042
11,883
10,977
10,386
-4.561
-3,845
-5,165
-2,993
214
38,579
54,551
-15,972
1957
1958
1959
1960
1961
1962
1963
Calendar years
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
99
679
483
503
196
741
-978
-1,088
4,587
-2,135
3,883
6,966
5,189
3,115
-1,623
-2,224
5,816
8,363
1,625
2,640
9,230
7,659
5,853
5,561
2,633
120
-108
1,835
U7
435
328
231
-194
195
633
-329
-50
-602
436
97
551
426
-2Li
-401
-250
-303
284
522
-523
530
-6
-145
507
V^
2,047
1,839
-388
-2,299
2,096
-551
331
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
1,575
-203
20
29
46
5,517
7,357
6,969
4,670
6,766
6,216
6,546
5,590
9,749
5,350
8,005
6,694
10,430
12,116
11,036
12,610
12,407
257,357
255,222
259,105
266,071
271,260
274,374
272,751
270,527
276,343
284,706
286,331
288,971
298,201
305,860
311,713
317,274
319,907
81
44
74
107
101
111
140
240
444
607
813
590
462
257,377
255,251
259,151
266,123
271,341
274,418
272,825
270,634
276,444
284,817
286,471
289,211
298,645
306,466
312,526
317,864
320,369
8,700
321,436
2U
321,680
321,505
4,232
4,295
6,064
4,577
5,180
4,545
4,427
4,606
4,961
5,583
6,411
6,494
7,509
7,375
7,295
6,582
256,708
259,419
267,391
275,168
278,750
280,769
276,628
274,898
282,922
290,798
290,217
296,169
303,470
309,347
317,940
320,904
24
53
103
104
109
127
156
330
518
742
809
455
256,731
259,461
267,445
275,244
278,784
280,822
276,731
275,002
283,031
290,925
290,373
296,499
303,988
310,089
318,750
321,359
256,026
258,794
266,821
274,671
278,256
280,348
276,276
274,564
282,607
290,513
289,971
296,061
303,616
309,724
318,464
321,078
8,104
7,295
318,486
317,940
834
809
319,320
318,750
319,034
318,464
5,745
317,983
319,883
317,697
316,557
319,218
317,274
664
693
719
657
606
590
318,646
320,575
318,416
317,213
319,823
317,864
318,361
320,290
318,131
316,929
319,540
317,581
316,773
318,460
316,988
319,113
321,895
321,078
52
:
1962
1963
1964
1965
Months ;
1964-Nov
Dec
1965-Jan
Feb
Mar
Apr
May
Juiie
July
Aug
Sept
Oct
Not
Dec
Fiscal 1967 to date
592
-848
4,335
179
1,104
1,567
-603
7,712
593
87
-423
-106
-319
-209
-34
376
-21
224
2,711
7,973
7,777
3,582
2,019
-4,141
-1,730
8,025
7,875
-581
493
-576
328
7,301
5,877
8,594
2,964
-447
62
1,770
-1,488
603
-635
-117
179
355
622
828
83
1,015
-134
-80
-713
-595
-161
2,851
-546
2,412
-809
64
377
193
146
-268
279
-8
244
-1,550
2,197
1,289
21
42
1,900
-2,186
-1,140
2,661
-1,944
1,480
1,795
7,942
9,231
9,336
10,816
12,610
-692
1,658
-1,493
2,154
2,810
-807
-4,124
-858
1,010
-2,852
974
-177
8,486
7,627
8,637
5,786
6,759
6,582
316,582
318,240
316,748
318,901
321,711
320,904
474
182
-28
156
-45
189
-57
-1,059
983
294
-792
314
493
465
455
317,056
318,742
317,270
319,394
322,176
321,359
66
71
88
782
-773
-241
116
-585
896
-480
-31
-688
1,099
1,308
-2,312
-1,416
2,777
-2,452
-1,076
973
-224
453
1,370
4,330
5,506
6,479
6,255
6,708
8,077
12,407
322,003
323,311
320,999
319,583
322,359
319,907
416
435
456
468
466
462
322,419
323,746
321,454
320,051
322,825
320,369
322,138
323,466
321,175
319,772
322,546
320,102
-175
-287
-04
-627
5,141
323
2,140
2,523
-4,613
-850
-2,194
-1,618
7,794
6,944
8,610
6,417
4,799
319,280
324,420
324,748
326,888
329,411
489
484
56
750
-1,857
8^0
617
-1,204
495
319,768
324,904
325,250
327,387
329,906
319,502
324,638
324,984
327,120
329,640
-287
-855
9,504
-7,609
4,799
329,411
495
329,906
329,640
-a
101
739
171
972
-577
-617
59
109
-237
154
204
183
5,952
Source:
Actual figures through fiscal year 1952 and calendar year 1953
are from the daily Treasury statement, and thereafter from the
monthly statement of receipts and expenditures of the Government (for
explanation of reporting bases, see page II); estimates, including
effect of proposed legislation, are from the 1967 Budget document
released January 24, 1966. (More details for data on this page are
shown in succeeding tables.)
For detail, see pagesll-15.
1/ Excess of receipts, or expenditures (-).
2/ For checks outstanding and telegraphic reports from Federal Reserve
Banks; public debt Interest accrued and unpaid beginning 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 beginning
«ith the fiscal year 1954. Net Increase, or decrease (-).
105
1
3/
,666
42
54
76
34
502
522
502
498
For current month detail, see section on "Statutory Debt Limitation"
The limitations in effect during the
in each issue of the Bulletin.
periods covered by this table and the date when each became effective
$275 billion on June 26, 1946; $281 billion on August
are as follows:
28, 1954; $278 billion on July 1, 1956; $275 billion on July 1, 1957;
$280 billion on February 26, 1958; $288 billion on September 2, 1958;
$290 billion on June 30, 1959; $295 billion on July 1, 1959; $293
billion on July 1, 1960; $298 billion on July 1, 1961; $300 billion on
March 13, 1962; $308 billion on July 1, 1962; $305 billion on April 1,
1963; $307 billion on May 29, 1963; $309 billion on July 1, 1963; $315
billion on December 1, 1963; $324 billion on June 29, 1964; $328
billion on July 1, 1965; and $330 billion on July 1, 1966.
.....
,
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
1.
Receipts by Principal Sources
-
(In millions of dollar:^)
Internal revenue
Employment taxes
Income taxes
Fiscal year
or month
Individual
Corporation
Not
Withheld
withheld
60,560
59,102
58,826
67,125
67,918
71,945
75,324
78,891
79,792
92,132
6,634
7,733
8,004
10,211
11,586
11,686
13,484
15,588
15,846
19,005
616
575
525
607
30,83i
26,728
27,041
29,001
31,675
32,978
36,246
38,719
39,259
36,840
42,811
684
16,100
46,440
97,640
23,267 2/
6,442
8,020
1,4U 2/
1,412
4,822
5,948 1/ 7,559
11,620
3,440
1,082
9,781
8,140
6,238 2/
4,726
15,546
336
2,559
1,972
1,296
3,505 2/
2,653
4,603
3,374
5,095 i/
5,873
10,947
3,792
4,508
3,434
5,884
5,155
1,660
2,500 1/
1,728
1,209
1,755
13
112
64
10
112
8,852
311
21,531
20,533
18,092
22,179
21,765
21,296
22,336
24,301
1966
26,
ni
1967CEst.).
35,100
1965-Nov. .
Dec...
507
i,315
1966- Jan...
Feb...
Mar...
Apr. ..
682
.
July.
Aug
Sept...
Oct
Nov .
.
.
For railroad retirement
12,302
11,528
11,733
13,271
13,175
14,403
14,269
15,331
16,820
18,486
1957
1958
1959
1960
1961
1962
1963
196i
1965
May
June
For old-age,
disability,
Total
income and hospital
taxes insurance
1/
uiy|
468
573
2,727
1,038 2/
7,244
2,440
751
8,251
936
6,259
1,151 2/
2,569
878
606
4,547
797
580
2,608
277
148
7,409
3,557
351
173 i/
5,793 i/
3,237
y
Total
internal
revenue
Customs
Miscellaneous
receipts
851
622
567
7,581
8,644
8,854
11,159
12,502
12,708
15,004
17,003
17 104
2:, 256
1,373
1,411
1,353
1,626
1,916
2,035
2,187
2,416
2,746
3,094
10,638
10,814
10,760
11,865
12,064
12,752
13,410
13,950
14,793
13,398
80,172
79,978
79,798
91,775
94,401
99,441
105,925
112,260
114,435
128,880
754
800
948
1,123
1,008
1,171
1,241
1,284
1,478
1,811
2,749
3,196
3,158
4,064
4,082
3,206
4,436
4,077
4,622
5,865
772
544
24,583
3,331
13,557
139,111
1,880
7,050
93
1
52
1
1,508
803
185
238
1,155
1,220
291
10,281
164
140
766
386
12
75
466
7
4
423
3,117
2,040
1,320
3,615
2,719
292
207
1,007
1,038
1,133
921
1,104
1,149
136
129
168
151
158
172
456
272
491
328
228
6,545
11,922
15,066
12,514
13,187
19,642
1,674
2,614
1,793
1,220
1,868
215
214
206
196
971
1,249
1,156
1,065
1,212
7,463
9,960
14,109
6,999
9,161
158
179
170
170
179
740
479
1,054
5,653
47,692
856
2,594
571
564
572
594
636
750
Estate
and
Excise
gift
taxes
taxes
Total
employment
ment
insurance taxes
For unemploy-
93
62
20
107
64
330
336
324
341
345
458
948
,
3
2
2
2
1
1
1
224
9',
381
467
408
401
1,003
373
447
555
Fiscal 1967
to dale*.
.
.
Less:
Fiscal year
or month
Refunds of receipts ^'
Internal revenue
applicable to
Budget
accounts
V
3,894
4,413
4,907
5,024
5,725
5,957
6,267
6,817
5,668
6,857
165
180
193
224
278
269
297
323
354
1967(Est.).
7,130
443
1966- Jan.
.
Feb...
Mar...
Apr.
.
May...
June .
July.
.
Aug
Sept..
Oct...
Nov . .
Fiscal 1967
to date...
58
29
101
86
-126
607
2,054
1,520
1,312
536
228
28
218
187
154
Federal OldAge and Survivors Insurance Trust
Fund
y
20
18
23
18
25
29
Transfers of tax receipts to -
Federal
Disability
Insurance
Trust Fund
Federal
Hospital
Insurance
Trust Fund
Railroad
Retirement
Account
333
616
%3
575
525
607
571
564
572
593
Unemployment
Trust
Fund
45
4,v^?
5,114
5,238
5,976
6,266
6,571
7,148
6,030
7,256
6,243
6,795
7,084
9,192
10,537
10,600
12,351
14,335
14,572
16,474
994
1,057
1,082
1,442
862
636
683
343
453
945
847
615
561
35
7,611
18,932
1
336
,210
772
35
32
35
2
4
280
220
221
1,384
138
138
13
2,092 2/
1,009
1,461
206 2/
144
100
147
202
144
100
147
7,386
735
731
311
939
26
974
1
31
309
320
73
16
1
539
6
712
267
315
75
465
6
4
93
62
20
107
64
1,U0
4,378
12
161
151
50
694
654
633
539
8
215 2'
155
104
285 2/
216
567
355
513
52
1,666
1,142
2,940 2/
2,217
467
664
870
635
93
2,057
1,526
1,321
1,479
2,026
2,074
2,539
2,798
2,949
Deduct:
interfund
transactions
6/
279
52
100
2,182 2/
Highway
Trust
Fund ^/
3,519
3,659
3,917
90 2'
107
644
206
174
5
,
1,324 3/
698
198
158
212
185
3
837
929
953
945
117
105
Actual figures are from the monthly statement of receipts and
expenditures of th'e Government (for explanation of reporting bases,
see page II) j estimates, including effect of proposed legislation,
are from the 1967 Budget document released January 24, 1966.
Source:
9,170
Less:
Total
refunds
1'
Trust
accounts
1957
1958
1959
i960
1961
1962
1963
1964
1965
1966
1965-Nov...
Dec...
31,816
20,850
3
,
1
302
286
359
361
49
1
357
40
112
1
64
10
112
1
527
354
341
371
2
1
1,950
5
13
1
51
53
325
2
471
Beginning February, 1966 includes hospital insurance.
1/
Includes J2,210 million for Federal Hospital Insurance Trust Fund.
2/
Remaining footnotes on following page.
...
,
December 1966
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
2.
-
Detail of Miscellaneous Receipts by Major Categories
(In millions of dollars)
Fiscal year
or month
Total
Interest
RealizaDividends
tion upon
and other
loans and
earnings 1/ investments
1957
1958
1959
i960
,7i9
,196
,158
628
745
438
674
601
06i
1961
,082
06
,i36
,077
,622
,865
967
942
877
765
955
1,077
847
506
1,111
305
743
860
984
1,393
1,731
1967 (Est.)
050
968
1965-Nov...
Dec
766
386
i56
1962
1963
196i
1965
1966
. .
1966- Jan...
Feb...
Mar...
Apr.
.
May...
June
.
July.
Aug...
Sept..
Oct...
Nov.
.
Fiscal 1967
to date . .
381
,i67
323
328
587
436
Recoveries and
refunds
Royalties
359
266
322
343
114
182
154
200
130
132
132
,820
194
127
204
1,058
427
494
396
224
94
247
115
104
-11
11
11
7
9
64
44
37
39
85
17
17
120
34
11
12
61
62
128
37
69
37
21
i05
iOl
1,303
113
373
ii7
555
50
56
63
7i0
479
337
2,594
512
14
1
1
,012
371
1,076
752
496
79
90
93
96
114
312
304
350
374
330
342
370
409
387
345
325
392
343
263
263
121
124
131
331
431
132
208
944
123
31
28
7
21
-10
109
125
124
134
32
10
12
30
6
6
134
93
56
237
140
142
158
146
155
29
27
23
39
21
11
47
3
-18
54
57
9
12
99
12
13
69
741
174
30
1
Seigniorage
V
Fees for
permits
and
licenses
Fees and
other
charges
for
services
Fines,
penalties
and forfeitures
Other 2/
etc.
14
14
Source:
Actual figures through 1961 are from reports to the Treasury
Department by disbursing officers and administrative agencies, on
the monthly statement reporting basis (see page II); and from the
monthly statement of receipts and expenditures thereafter. Estimates, Including effect of proposed legislation, are from the 1967
Budget document, released January 24, 1966.
Footnotes to Table
2/
Sale of
Sale of
Governprodment
ucts
property
Includes adjustments as follows: Income taxes not withheld, November
-$6 million, February -S4 million, May +S98 million and August -$4
million; income taxes withheld, November -HS123 million, February +it74
million, May -$122 million and August -.*j56 million; transfers to
Federal Old-Age and Survivors Insurance Trust Fund, November -$107
million, February -$73 million, May +?23 million and August +^56
million; and transfers to Federal Disability Insurance Trust Fund,
November -$15 million, February -^^2 million. May +ft2 million and
August -^4 million.
49
49
160
59
53
161
54
57
133
11
13
81
100
101
45
69
117
649
no
437
70
83
105
118
128
127
74
109
235
79
48
87
27
1,568
123
163
408
15
8
9
1
11
2
111
48
8
7
13
60
48
17
32
32
41
61
94
143
24
62
51
29
37
47
21
77
78
71
77
321
199
323
10
9
1
11
5
1
12
14
7
6
1
10
134
1
6
7
9
8
11
-20
8
12
-14
1
-2
-13
5
6
5
6
12
7
1
7
10
10
11
14
10
17
43
1
2
31
55
85
6
6
11
U
8
28
7
5
1
1
9
U
11
-19
9
24
Beginning October 1965 certain accounts representing profits from
silver coinage, previously classified as "dividends and other
earnings," have been classified as "seigniorage."
Consists of miscellaneous taxes (principally the tonnage tax on
foreign vessels entering U, S. ports), biillion charges, gifts and contributions, and undistributed proceeds, sale of foreign currerlcy.
2/
2/
b/
3
12
62
12
V
y
6
23
23
16
14
101
53
55
58
71
66
1
20
28
86
93
325
94
89
U
-
(Continued)
Interest on refunds is included in expenditures in table 3.
The principal amounts for refunds of employment taxes and certain
excise taxes (highway) are excluded from the transfers of tax receipts
shovm herein, and are included with refunds of internal revenue
receipts, applicable to trust accounts.
These transactions are included in the
For content, see Table ^.
detail of both budget receipts and expenditures but are deducted from
the totals (see Reporting Bases, p. II).
Less than $500,000.
Treasury Bulletin
,
AIMINISTRATIVE BUDGET RECEIPTS AND E)(PENDITURES
,
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
$Bil.
125
100
75
50
25
.. .
. ..
,
December 1966
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
3.
Expenditures by Agencies
-
(In millions of dollars)
Defense Department
Fiscal year
or month
Legislative
Branch
Executive
Judi- Office
ciary of the
President
Funds
appropriated
to the
President
Agriculture
Department
Commerce
DepartMilitary
ment
498
594
676
686
758
730
-23
199
,152
309
502
739
410
328
250
767
665
751
690
801
908
1,029
1,124
1,205
1,331
214
229
250
258
284
294
317
328
358
371
503
674
774
525
914
797
770
578
805
888
5,798
923
57,150
1,369
10,191
-414
1,322
405
522
755
756
603
121
4,210
4,789
134
129
467
600
U5
3
352
367
233
104
136
30
39
79
67
84
6
2
255
559
359
8
7
7
2
2
2
-93
291
166
-58
-66
23
94
104
87
87
101
127
110
443
279
368
659
662
613
918
752
744
642
-168
3
115
79
102
99
110
66
30
29
6
334
418
-152
4,411
4,198
5,246
4,766
4,559
5,945
lU
2
62
73
-24
72
51
6
31
31
68
43
64
93
43
78
77
10
25
16
11
20
6
2
7
3
286
2
385
58
909
765
900
767
702
510
2
123
133
135
149
133
38
30
7
4,661
5,353
5,725
5,285
5,262
135
171
2
486
1,475
1,042
1,086
368
616
-122
8
7
307
378
367
357
287
121
126
130
34
31
33
82
35
1,723
4,456
343
26,286
671
4,042
1,648
683
166
31
5,028
6
7
2
June, ....
18
10
12
18
16
18
July
August
September
October
November.
1964
1965
1966
62
65
74
79
26
1967 (Est.)
205
91
1965-November.,
December.
16
14
1966- January. .
February.
March. .
April. ...
.
,
Fiscal 1967
to date
10
11
56
56
70
29
23
23
24
39
44
47
49
52
57
256
55
539
57
65
60
82
63
48
93
Treasury Department
Interest
State
DepartOn
ment
public
debt
Fiscal year
or month
V
On
refunds
of taxes
13
32
32
29
.
May
June
July
August .
September
October.
November.
Fiscal 1967
to date
,
24
31
70
28
44
470
60
521
525
206
384
118
963
1,005
9
205
135
74
73
1,035
976
1,035
1,013
1,025
1,068
9
8
6
8
6
6
10
145
401
744
1,257
2,552
4,171
192
71
37
186
hf,
57
62
64
85
70
64
51
502
512
524
287
48
90
197
193
241
224
477
456
519
569
571
484
357
83
132
100
-719
73
69
65
65
67
494
441
483
493
458
449
442
531
545
553
128
197
220
310
221
339
2,369
2,520
115
10?
110
113
137
142
119
114
226
180
189
53
11
10
121
153
195
174
71
74
69
83
72
242
5,439
53
648
964
369
Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
see page II); estimates, including effect of proposed legislation,
are from the 1967 Budget document released January 24, 1966.
Agency shifts are shown in this table beginning with the period
Note:
Source:
275
158
102
68
74
15
40
5,718
840
69
76
83
1,091
1,064
1,086
1,098
1,100
50
5,300
2,300
12,750
.
635
1,407
405
1966-January
February
March....
April
5,093
5,933
911 8/
940
956
224
794
937
293
159
703
323
91
1967 (Est.)
9, 180'
1
572
District
of
Columbia
6/
418
513
567
1,016
549
831 2/
620
257
370
480
27
31
31
48
70
66
71
86
L24
143
71
70
363
463
Deduct:
InterTotal by fund
agencies transactions
74
52
Net
budget
expenditures
7/
4,805
5,098
5,232
5,250
5,401
5,392
5,173
5,478
5.488
5,070
441
508
638
698
726
751
795
804
88
77
104
33
Adm.
570
425
359
408
387
445
466
593
624
601
74
8,957
9,120
9,895
10,666
11,346
12,014
40
Federal
Aviation
Agency
National
Other
General
Veterans'
AeroindeServices
Adminisnautics
pendent
Adminis.
and Space tration
agencies
tration
1,990
2,268
2,541
2,623
2,713
2,806
2,758
2,765
2,625
3,403
57
7,607
7,593
179
206
272
247
258
307
408
347
383
407
1965-November.
December.
Other
Atomic
Energy
Commission
748
765
2,178 2/
875
987
985
1,059
1,193
1,306
1,342
7,2U
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
.
Post
Office
Department 1/
Labor
Department
2,295
2,645
3,092
3,403
3,685
4,215
4,909
5,498
5,740
7,669
562
645
382
May
Interior Justice
Depart- Department
ment
639
733
807
902
971
999
1,128
1,153
1,234
1,309
5,006
4,875
7,091
5,419
5,929
6,669
7,735
7,897
7,298
5,949
.
Housing
and Urban
Development
Department
38,439
39,062
41,233
42,824
44,677
48,205
48,252
49,760
46,173
54,409
4,]15
4,081
4,109
1,764
1,808
2,053
3,968
4,119
4,307 2/
4,324
97
99
118
126
134
153
147
152
165
185
1957
1958
1959
I960
1961
1962
1963
Civil
Health,
Education,
and
Welfare
Department
26
25
31
28
50
72
66
57
61
71
113,559 12/
2
19
528
-271
1,076
69,433
71,936
80,697
77,233
82,169
88,419
93,155
98,348
97,377
107,613
664
870
635
68,966
71,369
80,342
76,539
81,515
87,787
92,642
97,684
,96,507
106,978
712
112,847 12/
467
567
355
694
654
633
513
9,327
9,458
223
8,882
8,173
73
16
10,198,
31
5
9,105
9,426
8,809
8,156
10,193
8,362
9,055
13
1
8,375
9,055
24
9,488
49
9,439
26
10,302
11,093
11,936
11,302
10,388
40
10,263
11,042
11,883
10,977
10,386
2
30
55,021
1
51
53
325
2
471
54,551
of such shifts; figures prior to the shifts have not been adjusted.
Therefore, some expenditures do not necessarily represent functions
which are comparable over a period of time (for a more consistent
basis, see Table 6).
Footnotes on following page.
Ireasury Bullet.in
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
4.
-
Interfund Transactions Excluded from Both Net Budget Receipts and Budget Expenditures
(In millions of dollars)
Interest payments to the Treasury
Fiscal year
or month
1957
1958
1959
I960
1961
1962
1963
Total
Total
interest
Corp.
456
340
421
181
465
410
330
186
199
459
302
322
1965
513
664
870
1966
635
1967 (Est.)
712
684
1965-November
December
223
31
223
31
1966-January
February
March
April
73
16
69
16
5
5
13
9
1
1
June
49
45
July
August
September
October
November
40
40
51
Fiscal 1967 to 'date
Credit
567
355
69i
654
633
May
ity
i67
557
342
682
640
620
499
648
852
617
196-i
Commod-
51
53
53
325
319
2
2
470
465
Housing
Exportand Urban
Import
DevelopBank of
ment
WashingDepartton
Panama
Canal
Company
Small
Business
Admin.
31
47
45
41
39
46
34
15
14
90
118
146
160
152
147
138
7
130
43
57
51
6
Tennessee
Valley
Author-
Veterans'
Administration
11
9
9
9
9
10
11
11
12
1
1")
3
14
19
23
12
7
7
15
14
20
27
31
39
34
45
1
65
2
14
26
39
313
315
65
Under
Defense
Production
ity
ment ?'
24
J_'
24
42
Other
1/
Reimbursement by
Panama
Canal
Company
Charges
for
audits
of
various
agencies
December 1966
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
6.
-
Expenditures by Functions
.
(Fiscal years; in millions of dollars)
Functions
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES -
Table
6.
-
Expenditures by Functions- (Continued)
(Fiscal years; in millions of dollars)
Functions
.
December 1966
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
7.
-
Detail of Excise
(
Tax Receipts
In thousands of dollars)
Fiscal year
First quarter of
fiscal yepr
j
Type of tax
196^
Alcohol taxes: 2/
Distilled spirits.
Wines
Beer
Total alcohol taxes.
Tobacco taxes:
Cigars
Cigarettes
Other
1965
1966 1/
1966
(July - Sept. 1965)
1967 1/
(July - Sept. 1966;
2,575,320
110, 2i2
891,936
2,749,884
112,432
910,319
2,809,777
112,574
892,028
653,379
24,867
257,028
647,572
27,084
260,120
3,577,i99
3,772,634
3,8U,378
935,274
934,777
56,309
1,976,675
19,561
60,923
2,069,695
17,976
57,662
2,006,499
9,796
15,171
518,272
4,399r
13,807
501,376
302
2,052,5-i5
,148,594
2,073,956
537,842r
515,485
162,680
8,891
178,159
8,128
U6,453
46,422
2
2
43
2
2
tU
186,289
U6,457
46,424r
23,250
2,618,370
76,316
411,483
1,745,969
350,945
228,762
197,595
62,799
2,824,189
90,776
481,803
1,492,225
460,069
196,546
-3,761
1,837
25,098
21,748
20,633
7,342
71,867
29,580
41,511
2,687,135
76,095
440,467
1,887,691
425,361
252,874
221,769
75,987
80,983
2,206
26,692
25,810
21,317
7,373
74,426
35,095
42,754
-1,512
2,317
7,894
6,745
1,064
16,230
708,485
22,817
129,495
520,969
107,903
43,702
6,755
2,501
3,783
694
3,733
1,189
2,408
1,650
1,361
4,402
7,762
737,755
27,210
133,162
384,708
132,493
5,627
-3,026
-2,421
-550
892
-246
-692
-125
2,686
-322
17,455
9,299
4,359
20,201
9,468
4,440
24,344
2,133
6,579
1,649
1,147
681
8,020
157
4
6,020,543
6,418,145
5,613,869
1,578,518
1,425,795
30,016
189,437
78,704
176,857
31,390
204,572
81,386
195,833
3,179
43,264
20,814
40,898
2,557
38,502
18,633
30,902
979
376
991
475,013
513, ISl
108,155
90,595
2,443
2/
Total tobacco taxes.
Documentary and certain other stamp taxes
Documentary stamp taxes
Playing cards V>
Silver bullion sales or transfers ^.
:
^
.
.
Total documentary and certain other stamp taxes.
171,
Manufacturers' excise taxes;
Gasoline 6/
Lubricating oil, etc
Tires, tubes, and tread rubber 6/
Passenger automobiles, chassis, bodies, etc. 2/
Trucks and buses, chassis, bodies, etc. 6/
Parts and accessories for automobiles, trucks, etc 8/...
Radio and television sets, phonographs, components, etc. 4/
Refrigerators, freezers, air-conditioners, etc. 2/
Electric, gas, and oil appliances
Pistols and revolvers
Phonograph records 4/
Musical instruments
Sporting goods (other than fishing rods, creels, etc.)
Fishing rods, creels, etc
Business and store machines 4/
Cameras, lenses, film, and projectors
Electric light bulbs and tubes 10/
Firearms (other than pistols and revolvers), shells
and cartridges
Mechanical pencils, pens, and lighters
Matches V.
^
^
W
^
V
Total manufacturers'
excise taxes.
Retailers' excise taxes:
Furs
Jewelry, etc
Luggage, etc
Toilet preparations
Total retailers'
^
excise taxes.
Footnotes at end of table.
77 , 576
(Continued on following page)
137
5,367
3,008
3,U8
23,247
»
2
35
427
98
.
.
.
Treasury Bulletin
10
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table
7.
-
Detail of Excise
Tax Receipts
-
(Continued)
(In thousands of dollars)
First quarter of
fiscal year
Fiscal year
Type of tax
Miscellaneous excise taxes
Admissions to theaters, concerts, etc. 11/
Admissions to cabarets, roof gardens, etc. 11/
Club dues and initiation fees 12/
Telephone, wire, etc. and equipment service 13/
Transportation of oil by pipeline 14/
Transportation of persons 15/
Transportation of property (Including coal) lA/
Use of safe deposit boxes 16/
Coconut and other vegetable oils processed 17/
Sugar
Diesel and special motor fuels 6/ 18/
Narcotics and marihuana, including occupational taxes
Coin-operated amusement devices 16/
Coin-operated gaming devices
Bowling alleys, pool tables, etc. 16/
Wagering occupational tax
Wagers
Use tax on highi^y motor vehicles weighing over
26,000 pounds 6/
Adulterated butter and filled cheese (imported and
domestic), process or renovated butter and imported
oleomargarine
Firearms transfer and occupational taxes
Interest equalization
Foreign insurance
1966
(July - Sept. 1965)
1966
1965
196A
1967
(July - Sept. 1966)
:
Total miscellaneous excise taxes
Total received with returns and from sales of stamps...
Undistributed depositary receipts and adjustment 19/
Unapplied collections
Total excise taxes
2/
2/
V
^
6/
7/
8/
2/
.
51,968
43,623
79,671
1,078,937
10
95,411
128,079
1,282
5,215
17,548
5,606
617
5,439
34
125,890
215
7,480
29
97,109
152,188
1,366
4,363
15,018
4,778
603
6,071
100,199
102,038
106,062
277
7,423
U
45,668
35,736
52,571
907,917
16
139,624
115
1,902
17
102,932
159,326
1,341
326
16,498
248
705
5,689
104,240
15,36lr
11,097
23,686
290,292
114
953
673
199,292
6
«
28,987
46
1,799
28,924
9
25,169
39,090
17
23
•
12,080r
151
251
1,428
26,135
41,597
421
16
11,941
19
262
1,320
53,064
60,728
381 r
155
3
3
3
2
50
75
14,597
63
25,653
2,775
19
16
3,024
10,346
3.470
1,546,631
1,786,056
1,603,364
13,843,845
14,824,398
13,360,179
3,694,748
92,558
-55,210
-87,595
-8,334
13,828
23,090
125,527
13,950,232
14,792,779
13,398,112
Internal Revenue Service reports. 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.
Negative figures stem primarily from floor stock credits taken on
certain of the taxes repealed by the Excise Tax Reduction Act of 1965.
Releases showing details are published monthly.
Issues and transfers of stocks and bonds, repealed effective
January 1, 1966 (Public Law 89-44). Tax on foreign insurance payable
by return on and after January 1, 1966, (Public Law 89-44 and
T. D. 6868).
Repealed effective June 22, 1965, (Public Law 89-44).
Tax on transfer of interest in silver bullion, repealed effective
June 3, 1963, (Public Law 88-36)
Collections reflect the provisions of the Highway Revenue Act of
1956, approved June 29, 1956 (23 U.S.C. 120 note).
Rate 10 percent through May 14, 1965; 7 percent from May 15, 1965
through December 31, 1965; 6 percent January 1, 1966 through
March 15, 1966, (Public Law 89-44). Under Tax Adjustment Act of
1966, rate restored to 7 percent, effective March 16, 1966, (Public
Law 89-368)
Automobile parts and accessories (except truck parts), repealed
effective January 1, 1966, (Public Law 89-44).
Air conditioners, repealed effective May 15, 1965.
Refrigerators and
freezers, repealed effective June 22, 1965, (Public Law 89-44).
Source:
2/
.
47,053
41,026
75,120
910,196
10/
11/
12/
12/
16/
17/
W
13/
506,095r
96lr
3,687,374
386,266
3,288,016
-19,
8U
107,052
3,375,224
Sales of light bulbs for incorporation in articles upon v*iich the
manufactures' tax was repealed effective June 22, 1965 {e.g. refrigerators), will be free of tax on and after such date. Tax on all
other light bulbs and tubes, repealed effective January 1, 1966,
(Public Uw 89-^).
Repealed effective noon December 1965, (Public Law 89-4-4-).
Repealed effective January 1, 1966, (Public Law 89-4/.).
General and toll telephone and teletypwriter service reduced to 3 percent, January 1, 1966.
Private communications services, telegraph
service, and wire equipment service, repealed effective January 1, 1966,
(Public Law 89-44-). For general and toll telephone services and for
teletypewriter exchange service, the rate of tax on amount paid on bills
first rendered on or after April 1, 1966 for services rendered after
January 31, 1966, is increased from 3 percent to 10 percent of the amount
paid (Public Law 89-368).
Repealed effective August 1, 1958, by an act approved June 30, 1958
(26 U.S.C. 4292 note).
Repealed effective November 16, 1962, except on air transportation,
which was reduced to 5 percent.
Repealed effective July 1, 1965 (Public Law 89-44).
Repealed effective August 31, 1963.
Excludes diesel fuel not for use in highway vehicles.
Undistributed depositary receipts represent the amount of excise tax
depositary receipts issued, less the amount of depositary receipts
received with excise tax returns.
Less than $500.
r
Revised.
U
December 1966
.TRUST AND OTHER TRANSACTIONS,
Table
1. -
Summary
of Trust and Other Transactions
Treasury Bulletin
12
.TRUST AND OTHER TRANSACTIONS,
Table
3.
-
Trust, Deposit Fund, and Government-Sponsored Enterprise Expenditures
(in millions of dollars; negative figures are excess of credits)
...
December 1966
13
.TRUST AND OTHER TRANSACTIONS.
Table
4.
-
Investments in Public Debt and Agency Securities (Net)
(In millions of dollars; negative figures are excess of sales)
Trust accounts, etc.
Fiscal year
or month
Federal
Total
Old-Age and
trust
Survivors
accounts,
Insurance
etc. 1/
Trust Fund
Total
1/
2,069
2,775
2,356
3,562
-1,232
760
707
301
1,782
2,412
2,327
3,358
220
-499
-1,290
-726
-225
-1,089
-821
692
461
-857
:,339
1957
1958
597
1959
1960
1961
1962
1963
1964
1965
1966
-1,130
925
855
493
1967 (Est.).
2,302
506
A,9AA
4,509
1,200
1965-Nov
Dee
519
-935
563
233
1966- Jan
Feb
-1,897
1,749
Mar
Apr ...
May
June
.
July.
.
Aug
Sept.
Oct
Nov
.
.
.
.
Fiscal 1967
to date ....
Federal
Disability
Insurance
Trust Fund
325
729
552
494
285
736
69
149
154
164
296
U
958
871
1,063
1,034
1,075
1,126
1,2U
1,113
etc. 1/
404
418
-393
-428
233
202
242
-69
-344
-28
127 2/
-24 1/
-3 2/
45
27
93
301
70
-32
462
74
-23
1,049
-90
59
303
-12
12
7
-4
-2
52
-149
-121
-25
-73
-40
18
-92
11
562
-174
346
-186
-129
864
-11
-4
-5
-9
-9
-9
-6
-4
-6
-5
-7
64
30
46
31
31
181
26
535
-84
-76
711
-76
-19
-5
-5
-5
-5
-390
-22
3,103
3,064
1,367
-147
-577
412
37
81
12
-39
1,033
573
803
671
Other
Highway
trust
Trust
ccounts,
Fund
976
-333
3,027
967
1,468
-90
69
126
204
-16
-56
-17
-21
-35
-44
-25
-22
-22
-21
89
95
76
62
-44
Federal
employees'
retirement
funds
-19
-35
-1,170
4,023
2,319
3,204
Government
Life
Insurance
Fund
307
-129
68
101
1
National
Service
Life
Insurance
Fund
-26
-151
-5%
-702
953
274
-1,255
-1,011
-41
-952
72
456
21
-1,499
888
-58
-869
2,322
482
142
Unemployment
Trust
Fund
-129
-139
-263
-413
-968
-698
989
Railroad
Retirement
Account
36
-33
-35
264
-78
-63
-1,937
1,721
-20
-1,210
4,015
2,267
2
Federal
Hospital
Insurance
Trust Fund
Federal
Supplementary
Medical
Insurance
Trust Fund
3
149
143
-76
172
-14
250
189
85
174
55
203
124
44
29
39
U
-108
-78
24
-10
181
132
-2
-23
-82
26
-164
341
881
-16
-4
-14
-44
-5
-25
40
43
27
16
2
51
61
38
-78
277
-17
-163
47
11
-34
58
6
-41
-189
513
-11
-5
-49
101
29
54
289
53
114
533
'
u
Treasury Bulletin
.TRUST AND OTHER TRANSACTIONS.
Table
5.
-
Sales and Redemptions of Government Agency Securities in Market (Net)
(In millions of dollars; negative figures are excess of sales)
Securities guaranteed by the United States
Public enterprise funds
Fiscal year
or month
Total 1/
Total
guaranteed
1962
1963
1964
1965
1966
-4,077
1967 (Est.)
Home
Owners
Loan
Corporation
Public enterprise funds
Total not
fund
g"aaranteed
D. C.
stadium
fund
V
129
3/
-1,137 "
-;o6
-1,283
-1,717
638
-1,576
-860
-1.674
-1,595
-4,206
154
-1 ,492
-33
6
-10
-28
-10
-29
-100
-204
-162
-206
223
129
1961
Federal
Housing
Administration
-33
6
-1,171
-400
-1,293
-1 ,746
537
-1,780
-1,022
-1,880
-1,372
1957
1958
1959
1960
Federal
Farm
Mortgage
Corporation
Securities not guaranteed by the United States
Trust
enterprise
-81
-204
-162
-i06
223
-1,338
154
1965-November
December
-168
45
28
9
1966-January
February
March
April
May
June
-265
-260
40
-19
40
-19
-341
-21
-21
-732
-1,070
-813
-13
-13
July
August
September
October
November
fiscal 1967 to date
-863
-19
-197
35
-305
-241
-321
-720
,072
3
3
4
4
-817
-297
-470
-22
-130
-27
-27
55
-1
5
5
-270
-475
-18
4
-18
4
-134
4
-33
4
52
-33
-830
-3
Federal
National
Mortgage
Association 2/
-233
6
797
Home
Owners'
Loan
Corporation
December 1966
15
.TRUST AND OTHER TRANSACTIONS.
Table
6.-
Interfund Transactions Excluded from
Both Net Trust Receipts and Trust Expenditures
(In millions of dollars)
Fiscal year
or month
Total
Federal
Old-Age and
Survivors
Insurance
Trust Fund 1/
Federal Disability
Insurance
Trust
Fund 1/ 2/
Federal
Supplementary
Medical
Insurance
Trust Fund
Railroad
Retirement
Account
Unemployment
Trust
1/4/
Fundy
Federal
employees'
retirement
funds 6/
Alien
property
activities j/
District
of
Columbia S/
y
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
10
11
135
908
515
528
505
521
638
770 2/
1967 (Est.)
1965- November
December
1966-January
February
Karch
April
May
June
July
August
September
October
November
Fiscal 1967 to date
76710/
124
600
332
361
423
403
436
4U
1
3
2
211
132
101
38
35
58
41
6
13
22
22
27
32
520
7
30
47
90
92
10
142
9
10
10
12
12
13
15
17
18
94
24
32
86
32
37
9
1
24
3
24
2
2
1
26
7
1
2
5
543
444
28
34
74
72
48
33
53
1
2
19
50
49
43
42
43
3
278
2U
27
Source: See Table 1.
1/ Payments are made between the Railroad Retirement Account and
Federal Old-Age and Survivors, Federal Disability and Federal Hospital
insurance trust funds so as to place those funds in the position in
which they would have been if railroad retirement employment had been
included under social security coverage.
2/ Includes interest on amounts reimbursed to the Federal Old-Age and
Survivors Insurance Trust Fund for administrative expenses.
2/ Premiums deducted from benefit payments from Federal Old-Age and Survivors and Federal Disability insurance trust funds, and Civil Service
and Railroad Retirement accounts.
/J Includes temporary advances to the Railroad Unemployment Insurance
Account in the Unemployment Trust Fund when the balance in the account
is insufficient to meet payments of benefits and refunds due or to
become due.
Repayment of advances plus Interest to the Railroad Retirement Accoxmt,
^
5
1
2
25
5
8/
2/
10/
25
2
2
2
11
See footnote 4-.
Transfers from the Civil Service Retirement and Disability Fund to
the Foreign Service Retirement and Disability Fund,
Transfers to the Foreign Claims Settlement Commission.
Contributions and beginning with 1958, transfers of deductions from
employees' salaries to the Civil Service Retirement and Disability
Fund, advances to National Park Service, and advances to Smithsonian
Institution.
Increased by $62,78^,855 which was not reflected in figures
published in the Final Statement of Receipts and Expendit\ires of the
U. S. Government for fiscal 1966.
Includes payment of $2 million between Federal Old-Age and Survivors
Insurance Trust Fund and Federal Supplementary Medical Trust Fijiid.
Less than $500,000.
Treasury Bulletin
16
CONSOLIDATED CASH TRANSACTIONS
Consolidated cash transactions reported in the Treasury
from expenditures currently, but are added later when actual
Bulletin are on a basis consistent with Federal receipts from
payments are made.
and payments to the public as derived in the Budget of the
accrued on the public debt and expenditures involving the
These items consist of certain interest
United States (in the Budget for 1967 in Special Analysis A).
issuance of a few special public debt securities.
Shown also is the amount of net cash borrowing from, or repay-
outstanding, deposits in transit, and other clearing accounts
ment of borrowing to, the public.
Revisions of the figures
for earlier years have been made where necessary to make them
are excluded from payments.
Checks
Receipts from the exercise of
monetary authority are excluded as not representing cash
as nearly comparable with current Budget classifications as
received from the public.
available data will permit.
For this reason certain of the
public includes net borrowing by the Treasury through public
figures differ somewhat from those published in previous
debt transactions and also net borrowing by Government agencies
Budget documents as well as in the Bulletin.
and Government- sponsored enterprises through sales of their
This series of cash transactions is designed to provide
own securities.
Federal cash borrowing from the
It excludes changes in the public debt which
information on the flow of money between the public and the
do not represent direct cash borrowing from the public.
Federal Government as a whole, and therefore includes trans-
net effect of all these transactions with the public is re-
actions not cleared through the account of the Treasurer of
flected in changes in the balance in the Treasurer'
the United States.
and in cash held outside the Treasury.
Receipts and payments include transactions
both in administrative budget accounts and in trust and deposit
fund accounts.
s
The
account
Seasonally adjusted summary data are shown in table
3.
Major intragovemmental transactions which are
The adjusted data have been derived by applying a seasonal
reported as both expenditures and receipts are excluded from
adjustment formula developed by the Bureau of Census, Depart-
both.
Noncash items representing the obligations of the
Government to make payments in the future also are eliminated
ment of Commerce.
..
.
.
s
.
..
December 1966
17
CONSOLIDATED CASH TRANSACTIONS
Table
1.
-Summary
Government Cash Transactions with the Public
of Federal
(In millions of dollars)
Federal receipts from the public
Fiscal year
or month
Administrative budget
receipts
(net)
Trust
receipts
(net)
Intragovernmental and
other
noncash
transactions
(See Table 2)
Less:
Total
Federal
receipts
from the
public
1957
1958
1959
1960
1961
1962
1963
196i
1965
1966
70 ,562
68 550
67 915
77 ,763
77 ,659
81 ,409
86 ,376
89 459
93 ,072
lOi ,727
14,301
16,153
16,769
20,342
23,583
24,290
27,689
30,331
31,047
34,853 1/
-2,758
-2,811
-3,025
-3,027
-4,001
-3,834
-4,326
-4,259
-4,420
-5,100
82,105
81,892
81,660
95,078
97,242
101,865
109,739
115,530
119,699
134,480
1967 (Est.)
Federal payments to the public
Administrative budget
expenditures
Intragovernmental and
other
noncash
transactions
(See Table 2)
Trust
expenditures (net)
(net)
68,966
71,369
80,342
Total
Federal
payments
to the
public
81,515
87,787
92,642
97,684
96,507
106,978
12,938
15,325
19,521
21,212
22,793
25,141
26,545
28,885
29,637
34,864 1/
-1,899
-3,222
-5,111
-3,423
-4,766
-5,266
-5,436
-6,237
-3,749
-4,026
80,006
83,472
94,752
94,328
99,542
107,662
113,751
120,332
122,395
137,817
76, 539
Equals:
Excess of cash
receipts from,
or payments
to (-), the
public
2,099
-1,580
-13,092
750
-2,300
-5,797
-4,012
-4,802
-2,696
-3,337
111,000
41,608
-7,068
145,539
112,847
37,882
-5,681
145,048
491
1965-November
December
8,106
9,553
3,012
i,935
-390
-650
10,728
10,838
9,105
9,426
2,707
2,636
500
-942
12,312
11,121
-1,584
-283
1966-January
February
March
April
May
June
6,453
8,335
11,297
9,929
8,452
17,151
951
4,181
2,745
2,215
5,812
4,796
-313
-116
-238
-290
-34P
-1,556
7,091
12,400
13 804
11,853
13,916
20,391
8,809
8,156
10,193
8,362
9,055
3,048
2,621
2,996
3,335
3,632
3,531
-624
486
-1,103
-372
134
-918
11,233
11,264
12,086
11,325
12,821
12,053
-4,U2
5,702
2,837
-436
8,103
10,263
7,197
12,475
5,811
7,394
4,973
2,681
2,069
3,717
-407
-408
-357
11,764
12,927
15,206
13,150
12,604
-4,824
-3,4^2
1,598
-5,080
10,386
3,642
2,627
2,655
2,684
2,617
1,537
-1,388
-1,056
-413
7,523
10,698
11,042
11,883
10,977
651
13,654
-2,955
38,579
16,278
-2,021
52,836
54,551
14,224
-1,235
67,540
-14,703
July
August
September.
October
November
.
Fiscal 1967 to date
Plus:
,
9,439
1/ ,748
Cash borrowing from the public, or repayment (-)
Public
debt increase, or
decrease (-)
1966-January
February
March.
.
.
April.
.
. .
May
June
July
August ....
September
October.
November.
.
Fiscal 1967 to date.
Treasurer'
account
-952
4,299
-4,422
2,651
-1,533
3,854
1,611
-874
1,749
-71
974
-177
-141
-81
833
-259
-1,076
973
-224
453
1,370
4,330
171
-44
90
627
-423
238
-Q04
929
-134
1,080
947
4,56e
2,935
77
78
71
-4,613
-850
1,666
-2,194
-253
-139
100
119
-4,866
-989
1,766
-2,075
-134
1,345
77
-1,618
84
-1,534
-481
6,683
323
-7,609
-89
-7,697
-289
-2,060
1,568
168
-45
2,460
83
-75
-107
2,385
-24
48
265
260
341
732
1,897
-1,749
-2
1,170
-4,023
-2,319
3,261
-181
-1,973
436
-177
-3,958
-84
-74
3,177
-255
48
,924
71
486
-243
-3,913
66
94
143
333
-3,103
-142
698
-989
2
-65
-63
21
2,507
207
2,969
1,479
-130
-118
-34
2,377
-3,204
7,164
1,070
813
297
470
2,523
22
130
-55
9,504
863
Source:
Actual figures are based on the monthly statement of receipts
and expenditures of the Government and the daily Treasury statement
(for explanation of reporting bases, see page II); estimates, including effect of proposed legislation, are from the 1967 Budget document
released January 24, 1966,
Decreased by $62,784,855 which was not reflected in figures published
1/
in the Final Statement of Receipts and Expenditures of the U.S. Government for fiscal 1966.
2/
2/
Total
changes
in the
cash
balance
140
-23
-4
-222
118
-74
206
174
132
-519
935
1,099
1,308
-2,312
-1,416
2,777
-2,452
Cash held
outside
the
Treasury
-95b
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
1,575
-203
3,U8
1,171
400
1,293
1,746
-537
1,780
1,022
decrease (-)
Seigniorage
-1,771
2,810
-807
-627
5,141
328
2,140
Plus:
45
69
117
649
1,338
1,835
2]
Total
cash
borrowing
from the
public,
or repayment (-)
-2,160
-597
-536
-923
-1,033
-1,099
-250
-530
-4,9U
,561
,633
Noncash
debt
transactions
(See Table
-3,100
5,820
8,626
1,848
712
9,594
5,579
3,859
4,328
2,618
1,880
1,372
4,077
853
1965-November
December.
Total
securities
held by
the public,
increase, or
decrease (-)
-3,392
5,619
10,785
2,446
1,248
10,517
6,612
4,958
4,578
,659
1967 (Est.)...
securities in
market 2/
Net investment
in securities by
Government
agencies 2/
-2,339
-597
1,130
-925
-855
-493
-2,069
-2,775
-2,356
-3,562
,224
,816
,363
,625
,640
,230
1957
1958
1959
I960
1961
1962
1963
196i
1965
1966
Net sales
of Government agency
528
1,095
8,338
Cash balances,
Equals:
net increase, or
Change in securities held by the public
Fiscal year
or month
-978
1,136
1,718
292
200
50
«
-66
45
-1
89
49
59
44
53
55
58
32
60
5
See "Trust and Other Transactions", Table 5, for net sales and
redemptions of Governmait agency securities in market.
in
See "Trust and Other Transactions", Table 4, for net investments
public debt and agency securities.
Includes increment resulting from reduction in the weight of the gold
cash
dollar; excluded from receipts from the public but included in
deposits in the Treasurer' s account.
Less than $500,000.
.
.
.
18
Treasury Bulletin
•CONSOLIDATED CASH TRANSACTIONS
Table
2.
-
Intragovernmental and Other Noncash Transactions
(
In
millions of dollars)
Intragovernmental transactions excluded from both receipts and payments
Noncash
debt
transactions
relating
to receipts
Civil service retirement 1/
Interest
on trust
fund
investments
Fiscal year
or month
Payroll
deductions
for employees
Employers'
share
Federal
payments
to District
of Columbia
1957
1958
1959
I960
1961
1962
1963
196A
1965
1966
1,318
1,342
1,315
1,327
1,404
1,423
1,467
1,603
1,759
1,894
641
660
744
744
838
845
914
973
1,042
1,088
744
744
838
845
914
973
1,042
1,089
37
75
54
74
102
88
83
102
124
1967 (Est.)
1,957
1,073
1,073
152
87
86
87
4
25
103
86
100
87
85
101
103
86
101
87
85
101
2
17
93
101
93
1965-November
December
56
349
1966-January
February
March
April
May
June
8
69
11
July
August
September .
October
November
42
64
1,168
.
6
72
15
46
.
Fiscal 1967 to date
525
579
67
98
91
99
101
o8
91
99
205
481
481
fao
5
Other 2/
Total
receipts
adjustments
2,709
2,751
2,980
2,975
3,945
3,776
4,281
4,190
4,303
4,451
45
69
117
649
2,758
2,811
3,025
3,027
4,001
3,834
4,326
4,259
4,420
5,100
1,245
5,500
1,568
7,068
125
53
358
602
32
390
650
37
-191
-50
253
68
166
224
254
1,413
158
133
103
105
792 4/
561
898
559
357
256
-2
10
10
27
10
30
6
195
3
Total
oeigniorage
2/
16
44
53
55
58
48
60
313
116
238
290
348
71
66
94
143
1,556
21
50
117
49
416
330
330
286
77
73
71
436
407
408
357
67
336
77
413
478
1,698
323
2,021
Noncash debt transactions relating to payments
Fiscal year
or month
Intragovernmental
transactions
(See
above)
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
709
751
,980
975
945
776
,281
,190
303
1967 (Est.)
,500
,451
Interest
increment
on savings
and retirement plan
bonds
(net)
336
385
383
136
430
496
577
611
571
571
y
Discount
on
securities
(net) 6/
United
Nations
funds
bonds
7/
448 11/
70
25
-39
-18
-4
-74
-40
75
-43
55
66
11
1966-January
February
March
April
May
June
253
68
166
224
254
1,413
37
29
68
-96
July
August
September ....
October
November
416
330
330
286
336
96
34
48
27
67
8
139
70
174
77
-10
Fiscal 1967 to date,
1,698
272
468
-20
^
V
Development
Association
7/
58
5?
14
13
358
602
3/
International
-18
76
74
31
66
66
56
39
-18
-1
21
-14
-18
38
Other S/
Total
noncash
debt
transactions
relating to
payments
-292
-200
2,160
597
536
923
1,033
1,099
250
531
Checks
Accrued
outstanding
interest
and
on the
certain
public
other
debt 2/
accounts 10/
-19
-39
6/
7/
8/
2/
10/
11/
•
Total
payments
adjustments
39
-557
1,899
93
76
132
576
-105
-64
910
-913
-906
3,222
5,111
3,423
4,766
5,266
5,436
6,237
3,749
4,026
6
18
186
38
110
-50
-281
279
548
-108
5,681
-477
146
-500
942
548
437
-533
-316
172
438
-290
79
-486
1,103
372
-682
232
289
-20
Beginning with fiscal 1958 excludes District of Columbia.
Includes mainly, general fund advances to trust funds (net) , dividends
and interest paid to the Treasury by trust enterprise funds, administrative expenses of the Federal Old-Age and Survivors, Federal
Disability, and Federal Hospital insurance trust funds, the Federal
contribution to the Civil Service Retirement Fimd and the Federal
payments for military service credits,
Includes increment resulting from reduction in the weight of the gold
from receipts from the public but included in cash
dollar; excluded
deposits in the Treasurer's account.
Beginning fiscal 1961 includes temporary extended unemployment compensation payments,
Accrued interest on the bonds, i.e. the difference between the purchase
Fund 7/
-472
-133
-19
-132
Monetaiy
171
255
117
11
-10
International
-b74
-450
1,361
259
258
52
-131
418
205
-209
145
119
268
144
225
1965-November
December
1/
2/
InterAmerican
Development
Bank 7/
75
107
-456
-12
-10
-16
-25
84
74
-50
603
-801
-13
66
-45
87
624
-134
918
-146
978
-1,537
1,388
481
-649
-1,337
351
255
-471
404
-1,348
1,235
-5
-38
65
130
118
644
-660
-25
34
134
-68
481
f^89
1,056
-651
price and the current redemption value less interest paid on bonds
redeemed
Discount on securities at time of issuance less interest paid at time
redeemed.
Treated as noncash expenditures at the time of issuance of the securities
and as cash expenditures at the time of their redemption; net issuance,
or redemptions (-).
Includes adjusted service and armed forces leave bonds (see footnote 7)
Net increase, or decrease (-), in accrued liability.
Net increase, or decrease (-)
in checks outstanding, deposits in transit,
and other accounts.
Not shown separately in the Budget document.
Less than $500,000.
,
December 1966
19
CONSOLIDATED CASH TRANSACTIONS
Table
3.
-
Federal Receipts from and Payments to the Public
Seasonally Adjusted and Unadjusted
(In millions of dollars)
Receipts from the Public
Payments to the Public
Calendar quarter
Adjusted
Unadjusted
ith.
20,820
21,403
21, 172
20,616
24,846
18,653
16,404
1st.
2nd.
3rd.
4th.
20,509
20,088
20,299
20,444
1959 - 1st.
Adjusted
Unadjusted
Excess of Receipts
or Payments (-)
Adjusted
Unadjusted
20,792
20,947
20,919
20,663
19,814
21,574
21,099
20,909
28
456
253
-2,U6
-47
-4,505
23,618
23,219
18,274
16,618
20,652
21,296
23,412
19,626
21,840
23,734
23,750
-143
-1,208
-3,142
-2,968
3,992
1,379
-5,460
-7,132
2nd.
3rd.
4th.
20,222
20,923
23,273
23,474
22,628
24,141
21,364
19,420
24,024
23,962
24,005
23,514
22,764
24,503
24,375
23,917
-3,802
-3,039
-732
-40
-136
-362
-3,011
-4,497
1st.
2nd.
3ra.
4th.
23,667
24,701
25,034
24,665
25,776
28,519
23,352
20,640
23,233
23,635
23,682
24,105
21,958
24,079
24,156
24,540
434
1,066
1,352
560
3,818
4,440
-8O4
-3,900
1961
1st.
2nd.
3rd.
4th.
23,227
24,614
24,783
25,298
24,758
28,491
23,381
21,289
24,802
27,025
26,117
26,628
23,402
27,444
26,715
27,173
-1,575
-2,411
-1,329
-1,330
1,356
1,047
-3,334
-5,884
1962
1st.
2nd.
3rd.
4th.
24,971
26,652
27,434
27,262
26,214
30,981
26,029
22,982
27,540
27,498
27,795
28,954
25,923
27,851
28,502
29,599
-2,569
-S46
-361
-1,692
291
3,130
-2,473
-6,617
1963 - 1st.
2nd.
3rd.
4th.
27,069
27,911
28,699
29,113
28,178
32,551
27,304
24,543
28,209
28,847
30,127
29,881
26,519
29,130
30,952
30,619
-1,140
-936
-1,428
1,657
3,420
-3,648
-6,077
1st.
2nd.
3rd.
4 th.
29,251
28,582 1/
28,401
28,847
30,321
33,362
27,035
24,312
30,597
29,815
30,039
29,828
28,706
30,054
30,913
30,599
-1,346
-1,233
-1,638
-981
1,615
3,309
-3,877
-6,287
1965 - 1st.
2nd.
3rd.
4th.
29,724
32,646 1/
30,646
30,685
30,669
37,683
29,175
25,849
30,165
32,395
32,104
33,098
28,270
33,085
33,951
-441
251
-1,458
-2,413
2,398
5,069
-3,910
-8,101
1st.
2nd.
3rd.
33,684
39,649 3/
36,339
33,295
46,160 2/
34,614
36,908
35,983
40,041
34,583
36,199 2/
41,28^
-3,224
3,666
-3,702
-1,288
9,962
-6,668
1957
1st.
2nd.
3.-d.
1958
1960
1964
1966
^-.,617
Sources:
Adjusted data fro-n Bureau of the Budget; unadjusted data from
Treasury Department.
1/ Includes accelerated corporate tax payments for 1964, 1965, and 1966
Also, in 1966 includes initiation of graduated withholding of personal
income taxes and adjustment for the change 'in the schedule for
23,
2/
Ul
32,
6U
4,803
3,272
depositing withheld and OASI taxes.
Decreased by $62,784,855 which was not reflected in figures published
in the Final Statement of Receipts and Expenditures of the U.S.
Government for fiscal 1966.
..,
,
Treasury Bulletin
20
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Source and Availability of the Balance in the Treasurer's Account
the same bank.
The act>ount of the Treasurer of the United States re-
On occasions, to the extent authorized by the
flects not only budget receipts and expenditures but also
Treasury, banks are permitted to deposit in these accounts
deposit fund, and public debt transactions.
proceeds from subscriptions to public debt securities entered
trust,
for their own account as well as for the account of their
The working cash of the Treasury is held mainly in
customers.
Treasurer's accounts with Federal Reserve banks and branches.
The tax and loan account system permits the Treasury to
As the balances in these accounts become depleted, they are
restored by calling in (transferring) funds from the tax and
leave funds in banks and in the communities in which they arise
loan accounts with thousands of commercial banks throughout
until such time as the Treasury needs the funds for its opera-
the country.
tions.
In this way the Treasury is able to neutralize the
effect of its fluctuating operations on bank reserves and the
Deposits to tax and loan accounts occur in the normal
course of business under a uniform procedure applicable to all
economy.
A detailed description of the Treasury's depositary system
banks whereby customers of banks deposit with them tax pay-
ments and funds for the purchase of Government securities.
may be found in the Annual Report of the Secretary of the
In most cases the transaction involves merely the transfer of
Treasury for 1955, pages 275-28^.
money from a customer's account to the tax and loan account in
Table
1. -
Status of the Account of the Treasurer of the United States
(
In millions of dollars)
Treasury operating balance
End of
fiscal year
or month
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
Available
funds in
Federal
Reserve
Banks
410
535
504
408
612
806
939
672
766
1965-Noveiiiber.
719
December.
708
1966-January .
February
March. .
April
May
June
823
805
521
512
.
July
August. .
September
October.
November.
902
766
,
Tax and loan
accounts in
special
depositaries
Gold
balance
Treasury
Total
operating
balance
Silver
balance,
coinage
metal,
coin, and
currency
5,J69
4,082
8,218
3,744
6,458
5,453
8,815
10,324
9,180
10,689
10,050
489
401
101
106
109
121
120
120
108
102
9,548
11,251
10,238
11,469
10,917
190
259
306
253
179
147
136
145
534
775
4,872
4,577
103
107
5,693
5,392
538
558
3,360
4,399
105
105
108
105
102
102
4,288
5,309
5,074
5,107
7,007
10,917
586
586
570
572
612
775
102
112
112
113
125
6,481
5,740
7,287
5,103
3,465
772
751
782
839
845
4,4U
4,491
6,003
10,050
1,232
5,147
1,6U
4,0U
760
809
299
6,415
4,181
3,041
9,033
4,380
7,068
5,969
Source:
Daily Treasury statement.
Includes reserves and other deposits of the Board of Trustees, Postal
1/
Savings System, and uncollected items, exchanges, etc., through
December 1962.
Effective January 1963 balances of the Postal Savings
System funds were transferred to deposit fund accounts and became
demand obligations of the Treasury.
Balances of these funds, therefore,, are no longer liabilities within the general account of the
Treasurer.
Uncollected items, exchanges, etc., also previously shown
as liabilities were combined with "Unclassified collections, etc."
shown under assets.
Treasurer's checks outstanding are included
Unclassified
collections,
etc.
313
360
320
252
b,J37
9,990
5,451
8,092
6,769
10,509
12,116
11,336
12,610
12,407
93
73
129
182
247
274
257
6,759
6,582
6,759
6,582
89
87
234
216
217
647
182
370
310
281
236
347
212
252
5,506
6,479
6,255
6,708
8,077
12,407
5,506
6,479
6,255
6,708
8,077
12,407
230
176
273
225
260
209
208
239
207
187
7,794
6,944
8,610
6,417
4,799
7,794
58
64
70
74 1/
58
55
158
34
64
93
102
69
30
42
42
^Z
In other
Total
depositaries assets
Balance in
Liabilities account of
1/
Treasurer
of United
States
302
287
273
337
222
303
342
234
233
370
37
49
63
2/
In Federal
Reserve
Banks in
process of
collection
365
429
375
335
«1
447
240
100 2/
87
75
79
5,590
9,749
5,3532/
8,305
6,694
13,430
12,116
11,036
12,610
12,407
6,9U
8,610
6,417
4,799
through Juns 1958, after which they are included in the balance in
the Treasurer's account.
(See footnote 2).
Through June 1958, the balance of the Treasurer was reduced when
Treasurer's checks were issued and the amount of the checks was
carried as a liability until paid.
Effective July 1958, the balance
is not reduced until the checks are paid, a procedure also applying
Treasurer
to checks drawn on the
by Government disbursing officers
and agencies.
Amounts shown, beginning January 1963, are net of uncollected items,
exchanges, etc.
Previously these items were included under liabilities.
...
December 1966
21
,
Table
2.
-
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Analysis of Changes in Tax and Loan Account Balances
(In millions of dollars)
Credits
Balance
Proceeds from sales of securities 1/
Fiscal year
or month
Savings
bonds
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
,
,
824
,668
679
787
725
699
760
,635
704
Retirement
plan
bonds 2,^
Tax
anticipation
securities
5,043
2,922
7,581
7,784
7,613
5,898
2,963
2,340
7,368
1965-November.
December.
200
211
2,452
19 66- January.
261
218
265
246
242
232
985
February
March
.
.
April
May
June
July
August. .
September.
October.
.
.
November.
242
238
216
216
213
During period
Income (by
special
arrangement) 4/
Witheld
and
excise 2/
6,563
13,513
13,164
7,920
1,788
3,774
3,830
2,014
1,627
26,7i39
27,881
29,190
33,059
34,511
37,519
41,267
43,580
42,475
48,478
4,940
4,024
1,627
2,911
3,392
1,173
Source:
Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports.
1/ Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U.S. Government securities
purchased by them for their own account, or for the account 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.
Retirement plan bonds first offered for sale as of January 1, 1963.
2/
3/ Taxes eligible for credit consist of those deposited by taxpayers in
the depositary banks, as follows:
Withheld income tax beginning
1,447
5,721
5,133
1,256
6,540
7,158
Average
46,000
50,908
62,994
54,782
4,082
8,218
3,744
6,458
56,847
53,076
56,085
59,421
58, 540
75,338
5,453
8,815
10,324
9,180
10,689
10,050
6,078
8,869
8,055
6,458
7,653
8,889
10,324
10,257
10,872
11.274
1,924
7,592
6,159
6,253
6,453
4,872
4,577
5,186
5,124
53
4,374
3,360
4,399
4,444
4,491
6,003
10,050
4,581
4,856
5,101
4,491
6,715
10,050
1,374
2,382
1,002
7,526
10,016
5,591
4,900
7,546
4,067
6,013
5,969
3,120
3,630
3,252
2,269
5,677
4,812
4,840
8,704
10,161
7,865
6,583
9,743
9,838
7,759
10,099
7,723
5,147
9,979
5,905
6,415
5,310
3,668
128
103
*
High
45,448
55,044
58,520
57,496
55,842
56,438
57,595
58,277
60,050
74,699
4,483
Z^/
End of
period
4,152
7,903
5,919
6,053
9,142
6,521
6,835
9,921
12,598
14,522
2,193
2,612
743
2,626
4,470
5,555
5,461
4,153
5,197
Total
credits
Withdrawals
5,939
7,591
4,1U
4,0U
6,415
4,181
3,041
813
1,8U
2,987
3,246
3,638
4,103
4,151
4,457
5,325
4,747
5,431
447
4,324
1,427
1,253
2,881
3,401
1,078
912
1,390
1,161
1,531
2,535
1,577
U7
4,347
1,700
5,U7
2,286
1,513
1,674
1,356
6,917
4,049
3,477
3,978
2,604
March 19^8; taxes on employers and employees under the Federal Insurance Contributions Act beginning January 1950, and under the Railroad
Retirement Tax Act beginning July 1951; and a number of excise taxes
beginning July 1953.
Under 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
This procedure is followed
to the tax and loan account in that bank.
during some of the periods of heavy tax payments.
Less than $500,000.
..
.
.,.
..
.
Treasury Bulletin
22
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table
3.
-
Summary
Cash Transactions through the Account of the Treasurer
of
of the United States
(In millions of dollars)
Net cash transactions other than borrowing
Fiscal year
or month
Deposits and withdrawals (budget,
trust, and other accounts)
Cash withdrawals 1/
Cash
deposits
Excess of deposits,
Clearing
accounts
2/
Total net
transactions
Plus:
Net cash borrowing, or repayment of
borrowing (-)
Equals:
Treasurer's
account balance, increase, or decrease {-)
or withdrawals (-)
2,692
-1,094
-12,430
1,353
-1,387
-5,018
-2,984
-3,975
-1,515
-2,171
-3,648
-877
-6,278
-4,023
-2,485
-931
-1,095
-1,904
1,827
-336
309
-510
1,259
1,039
-1,491
-584
-1,075
76
8,755
4,670
2,895
3,089
1,968
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
-1,080
1,575
-203
13,321
11,223
-1,408
-509
206
354
-1,203
-155
2,176
-22
974
-177
10,731
12,821
12,280
11,007
14,874
10,964
-2,984
1,184
1,601
712
1,337
8,242
-1,228
80
263
-847
342
293
-4,212
1,264
1,864
-134
1,729
8,535
3,136
-291
-2,089
May
June
7,748
14,004
13,881
11,720
16,261
19,205
-1,076
973
-224
453
1,370
4,330
July
August.. ..
September
October.
November.
9,029
13,207
15,110
8,455
11,791
12,557
-844
570
-420
310
3U
-4,372
-3,670
1,635
-5,179
-2,838
-241
2,820
13,055
13,944
14,973
-3, 528
-4,240
2,055
-5,490
-3,182
2,985
1,220
-4,613
-850
1,666
-2,194
-1,618
71,976
-14,384
-40
-14,424
6,315
-7,609
81 ,875
82 ,09-1
81 ,612
94 ,862
96 897
105 ,911
lU ,454
121 ,562
125 464
Ul ,095
77,279
85,015
93,736
93,817
97,774
112,188
118,477
124,047
126,395
142,191
4,596
-2,921
-12,124
1965-November.
December.
11,913
10,715
1966-January .
February.
March. . ,.
1957.
1958.
1959.
1960.
1961.
1962.
1963.
196A.
1965.
1966.
April.
.
.
.
Fiscal 1967 to date.
17,
57,592
U7
1,0U
Source:
Actual figures are based on the daily Treasury statement. Figures
in the first four columns of this table may differ somewhat from those
originally published in the daily Treasury statement because of subsequent reclassification of certain transactions.
Table
4.
-
Gold Assets and
1/
2/
5,253
8,032
1,301
587
-359
-4,204
31
Beginning with the February 1963 Bulletin, figures have been revised,
as shown in daily Treasury statements beginning January 2, 1963, to
exclude transactions of clearing accounts.
Previously included under cash withdrawals. See footnote 1.
Liabilities of the
Treasury
(In millions of dollars)
End of calendar year or month
Gold assets 1/
1957
1958
1959
I960
1961
1962
1963
1964
1965
22,781.0
20,534.3
19,455.9
17,766.6
16,889.0
15,978.1
15,513.0
15,387.7
13,733.2
y
V
Liabilities:
Gold certificates,
etc. 2/
Balance of gold in
Treasurer's account
22,272.9
20,138.2
19,350.5
17,665.6
16,771.2
15,852.1
15,392.9
15,231.3
13,626.4
508.1
396.1
105.4
131.0
117.8
126.0
120.1
156.7
106.8
1965-November
December
13,804.9
13,733.2
13,702.5
13,626.4
102.4
106.8
1966-January .
February.
March..
April
May
June
13,732.2
13,730.2
13,633.5
13,632.0
13,532.2
13,433.5
13,627.6
13,625.3
13,525.0
13,527.2
13,430.5
13,331.7
104.6
104.9
108.5
104.7
101.6
101.8
July
August. .
September
October
November.
13,331.5
13,259.0
13,258.3
13,256.6
13,159.1
13,229.8
13,147.0
13,146.6
13,143.1
13,034.4
101.7
112.0
111.7
113.5
124.7
.
.
Circulation Statement of United States Money through 1965; daily
Treasury statement thereafter.
Treasury gold stock; does not include gold in Exchange Stabilization
Fund.
See "International Financial Statistics," Table 1.
Comprises (1) gold certificates held by the public and in Federal
Reserve Banks; (2) gold certificates credits in (a) the gold certificate fund - Board of Governors, Federal Reserve System, and (b) the
redemption fund - Federal Reserve notes; (3) reserve of 1156.3 million
against United States notes and through June 30, 1961, Treasury notes
Source:
1/
2/
2/
it/
of 1893; and (4) gold deposited by and held for the International
Monetary Fund.
The United States payment of the 4343. 8 million increase in its gold
subscription to the International Monetary Fund, authorized by the
act approved June 17, 1959 (22 U.S.C. 286e) was made on June 23, 1959.
The United States payment of the i258.8 million increase in its gold
subscription to the International Monetary Fund, authorized by
P.L. 89-31, approved June 2, 1965, (79 Stat. 119) was made on June 30,
1965.
.
.
. .
December 1966
23
MONETARY STATISTICS.
Table
1. -
Money
in
Circulation
(In millions of dollars except per capita figures)
Currencies no longer issued
End of
fiscal year
or month
1957
1958
Federal
Reserve
bank
notes
National
bank
notes
133
120
110
100
62
Gold
certificates 2/
Silver
certificates
2,162
2,200
2,155
2,127
2,094
2,009
1,847
1,723
829
582
Currencies presently
being issued 1/
Federal
Reserve
notes 2/
Treasury
notes of
1890
United
States
notes
Federal
Reserve
notes 4/
Total
currencies
68
6i
37
36
22
21
33
32
31
30
30
29
20
19
13
4
1964-December.
70
23
13
1,232
299
34,573
36,214
1965-Ootober..
November.
December.
67
66
66
22
22
13
13
13
698
681
651
301
305
299
35,793
36,777
36,973
36,898
37,868
38,029
1966-January.
February.
March. ...
April
May
June
66
66
65
65
22
22
22
22
22
21
13
13
13
13
13
629
619
609
597
591
582
291
294
296
298
302
303
36,007
36,139
36,308
36,348
36,875
37,315
37,032
37,156
37,318
37,346
37,872
38,290
July
August.
September
October.
U
21
21
21
21
4
4
4
575
570
566
4
564
300
303
302
304
37,457
37,630
37,501
37,775
38,423
38,593
38,460
38,733
1959
I960
1961
1962
1963
1964
1965
1966
59
57
56
54
53
92
85
78
73
,
End of
fiscal year
or month
22
65
64
64
64
63
Standard
silver
dollars
4
Fractional
coin
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
253
268
285
305
329
360
411
482
482
482
1,789
1,833
1,929
2,033
2,133
2,293
2,466
2,723
3,1^0
3,782
1964-Deceraber.
482
2,923
38
37
37
37
36
36
18
18
4
1
321
317
316
318
318
318
319
321
302
303
26,291
26,304
26,992
27,057
27,316
28,586
30,274
32,338
34,820
37,315
29,040
29,071
29,699
29,726
29,943
31,117
32,592
34,529
36,058
38,290
Total
coin
Total
money in
circulation
Money in
circulation
per capita
( in
dollars) 6/
2,042
2,101
2,215
2,338
2,462
2,652
2,878
3,205
3,662
4,264
31,082
31,172
31,914
32,065
32,405
33,770
35,470
37,734
39,720
42,554
181.52
179.08
180.20
177.47
176.45
180.98
187.30
196.41
204.14
216.18
3,405
39,619
204.75
^
1965-October..
November
December
482
482
482
3,374
3,474
3,545
3,856
3,956
4,027
40,754
41,824
42,056
208.52
213.79
2Li.78
1966-January.
February
March.
April. .
482
482
482
482
482
482
3,578
3,614
3,670
3,711
3,749
3,782
4,060
4,096
4,152
4,192
4,231
4,264
41,092
41,252
41,469
41,538
42,102
42,554
205.96
210.29
211.22
211.39
214.08
216.18
482
482
482
3,803
4,285
4,317
4,342
4,380
42,708
42,910
42,802
43,113 7/
.
.
.
May
June
July
August.
September.
October.
.
.
.
482
3,835
3,360
3,898
Source:
Circulation Statement of United States Money through December 1965;
thereafter. Statement of United States Currency and Coin.
1/ Excludes gold certificates. Series of 1934, which are issued only to
Federal Reserve banks and do not appear in circulation.
2/ Issued prior to January 30, 1934.
2/ Issued prior to July 1, 1929.
4/
M
2/
2/
216.76
217.57
216. 79r
218.17
Issued on and after July 1, 1929.
Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve banks and agents.
Based on the Bureau of the Census estimated population. Beginning
fiscal 1959 estimates include Alaska, and fiscal 1960, Hawaii.
Highest amount to date.
Revised.
r
Less than $500,000.
,
.,
...,
..
.
Treasury Bulletin
24
DEBT OUTSTANDING
Table
1.
-
Summary
of Federal Securities
(In millions of dollars)
Interest-bearing debt
Total outstanding
End of
fiscal year
or month
Public debt
Public
debt 2/
Total 1/
1957
1958
1959
I960
1961
1962
1963
1964
1965
1966
270 63-4
276 ,U4
284 ,817
286 ,471
289 211
298 645
306 ,466
312 ,526
317 864
320 ,369
270,527
276,343
284,706
286,331
288,971
298,201
305,860
311,713
317,274
319,907
1965-November.
December.
322,176
321,359
1966- January .
February
March. .
April
May
June.
.
July
August. . ,
September.
October.
November
.
.
Matured debt and debt bearing no interest
Guaranteed
securities
2/
Publi
debt
International
Total
Monetary
Fund
106
101
110
139
240
Guaran-
Special notes to -
1/4/
268,592
274,798
281,944
283,380
285,911
294,886
302,559
107
101
111
140
240
Guaranteed
securities
International
Development
Association
InterAmerican
Development Bank
Other
462
313,702
315,892
268,486
274,698
281,333
283,241
285,672
294,442
301,954
307,357
313,113
315,431
460
2,042
1,646
2,873
3,090
3,300
3,759
3,907
4,357
4,163
4,477
3,6U
115
129
142
138
64
321,711
320,904
465
455
317,819
316,968
317,357
316,515
462
453
4,357
4,391
4,355
4,389
244
278
3,470
3,470
100
100
150
150
391
391
322,419
323,746
321,454
320,051
322,825
320,369
322,003
323,311
320,999
319,583
322,359
319,907
416
435
456
468
466
462
318,012
319,354
317,036
315,686
318,392
315,892
317,599
318,921
316,582
315,219
317,927
315,431
413
433
454
467
464
460
4,407
4,392
4,418
4,366
4,433
4,477
4,404
4,391
4,417
4,364
4,432
4,476
230
246
245
197
233
308
3,558
3,548
3,592
3,597
3,627
3,614
82
82
64
64
64
64
142
142
142
136
136
132
392
372
373
371
373
359
319,768
324,904
325,250
327,387
329,906
319,280
324,420
324,748
326,888
329,411
489
484
502
498
495
315,368
320,179
320,515
322,798
325,352
314,880
319,697
320,014
322,301
324,858
488
483
501
497
494
4,401
4,724
4,735
4,588
4,554
4,400
4,724
4,734
4,587
4,553
202
286
3,680
3,923
3,958
3,964
3,976
45
45
45
25
25
126
347
347
346
347
337
4U
607
813
590
308, 169
444
605
812
589
Source: Daily Treasury statement,
1/ Includes certain debt not subject to statutory limitation.
For amounts
subject to limitation, see page 1.
2/ Includes debt incurred for advances to certain wholly owned Government
agencies in exchange for which their securities were issued to the
Table
2,
-
Computed
Interest Charge and
^
4/
^
2,042
1,646
2,873
3,090
3,299
3,759
3,906
4,356
4,161
4,476
529
597
476
445
349
438
310
295
292
308
263
251
215
1,068
618
1,979
2,238
2,496
2,667
2,922
3,289
3,167
125
150
150
132
444
430
417
407
396
484
420
480
414
359
58
55
122
122
teed
securities 2/
{ matured)
Treasury (see Table 6)
Held outside the Treasury.
Consists of Federal Housing Administration debentures and beginning
July 1959 D. C. Armory Board stadium bonds.
For current month detail, see "Statutory Debt Limitation," Table 2.
Computed
Interest Rate on Federal Securities
(Dollar amounts in millions)
Computed annual interest rate
Total interest-bearing securities
End of
fiscal year
or month
1957
Amount
outstanding
Public debt
and guaranteed securities 1/
268,592
274,798
Public
debt
Computed annual
interest charge
Public debt
and guaranteed securities 1,/
Public
debt
Public debt
Total
interestbearing
securities
Total
public
debt
Total
2/
Bills Certificates
1/
313,702
315,892
268,486
274,698
281,833
283,241
285,672
294,442
301,954
307,357
313,113
315,431
7,328
7,248
8,069
9,320
8,769
9,534
10,141
10,931
11,488
12,533
7,325
7,245
8,066
9,316
8,761
9,519
10,119
10,900
11,467
12,516
2.730
2,638
2,867
3,297
3,072
3,240
3.361
3.561
3.678
3.988
2.730
2.638
2.867
3.297
3.072
3.239
3.360
3.560
3.678
3.988
2.707
2.546
2.891
3.449
3.063
3.285
3.425
3.659
3,800
4.134
3.197
1.033
3.316
3.815
2.584
2.926
3.081
3.729
4.064
4.845
1965-November ,
December .
317,819
316,968
317,357
316,515
11,796
11,846
11,779
11,830
3.730
3.756
3.730
3.756
3.857
3.890
4.154
4,273
1966-January.
February.
March
April
318,012
319,354
317,036
315,686
318,392
315,892
317,599
318,921
316,582
315,219
317,927
315,431
11,998
12,265
12,429
12,306
12,564
12,533
11,983
12,249
12,412
12,289
12,547
12,516
3.792
3.860
3.940
3.918
3.967
3,988
3.793
3,861
3.941
3.919
3.967
3.988
3.934
026
059
071
4,395
4,522
4,671
4.710
4.780
4.845
1958
1959
1960
1961
1962
1963
1964
1965
1966
281,
9U
283,380
285,911
294,886
302,559
308,1^
.
May
June
July
August, ,
September.
October.
November.
315,368
314,880
12,537
3,996
12,520
320,179
319,697
12,991
12,973
4,079
320,014
320,515
13,146
4,124
13,127
322,301
322,798
13,390
13,372
4,174
13,647
324,858
13,629
4.222
325,352
Source:
On the basis of the daily 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 amount actually borrowed
in the case of securities sold at a premium or discount, beginning
with May I960).
The aggregate charge for all interest-bearing issues
constitutes the total computed annual interest charge.
The average
annual interest rate is computed by dividing the computed annual
.
.
vjuar-
Marketable issues
130
134
Notes
3,345
3,330
2,842
4,721
3.073
3.377
3.283
2.504
2.806
3.304
4.058
3.704
3.680
3.921
3.854
3.842
4.351
4.851
4.851
4.851
4.851
4.851
4.851
Trea sury
bonds
Nonmarket- Specipl
issues
able
issues 4/
anteed
securities
1/
2.853
2.892
2.925
3.219
3.330
3.364
3.412
3,462
3,493
3.713
2.635
2.630
2.694
2.772
2.803
2.891
3.003
3.238
3.372
3.693
2.611
2.622
2.623
2.681
4.321
2.482
2.576
2.619
2.639
2.829
3.122
3.344
3.471
3,642
3.655
3,934
3.933
3.652
3.653
3.523
3.530
3,397
3.412
3,603
3,593
3.932
4.162
4.158
4.164
4.321
4.321
3.653
3.654
3,654
3,655
3.654
3.655
3.534
3.537
3.862
3.708
3.713
3.713
3,429
3.472
3.488
3.455
3.552
3.693
3,555
3,573
3.598
3.625
3.631
3.632
3.1U
500
658
782
660
632
145
4.889 4.850
4.321
3.655
3.717
3,690
3.673
3.996
4.080
4,256
5.053 5.185
3.662
3,720
4.454
3.758
4.125
4.317 5.251
3.662
3,775
3.707
3,730
5.185
4.454
3.766
3.711
3.662
4.174
4.387 5.403
4.476
3.736
5.135
3.666
4.222
3.738
3,768
3.724
4.456
,517
5,2^ 4-585
interest charge for the total, or for any group of issues, by the
corresponding p'rincipal amoiint. Beginning with data for December 31,
1958, the computation is based on the rate of effective yield for
issues sold at premium or discount.
Prior to that date it was based
on the coupon rate for all issues.
1/ Guaranteed securities included are those held outside the Treasury.
2/ Total includes "Other bonds" through 1960; see Table 3.
Included in debt outstanding at face amount, but discount value is
used in computing annual interest charge and annual interest rate.
4/ On United States savings bonds the rate to maturity is applied against
the amount outstanding.
^
.....
,
December 1966
25
DEBT OUTSTANDING
Table
3.
-
Interest-Bearing Public Debt
(in millions of dollars)
Public issues
End of
fiscal year
or month
Total
interestbearing
public
debt
268, i86
Marketable
Treasury
pfublic
Bills
274,698
281,833
283,241
285,672
294,442
301,954
307,357
313,113
315,431
221,658
228,452
237,078
238,342
240,629
249,503
257,153
260,729
264,463
264,311
155,705
166,675
178,02/
183,845
187,148
196,072
203,508
206,489
208,695
209,127
23,420
22,406
32,017
33,415
36,723
42,036
47,230
50,740
53,665
54,929
1965-November.
December.
317,357
316,515
270,304
270,260
214,619
214,604
60,172
60,177
1966-Jaruary,
February.
March
April. ...
May
Jime
317, 599
273,243
273,139
270,623
270,298
269,122
264,311
264,184
266,462
266,946
270,413
272,308
217,656
217,690
215,150
215,004
213,764
209,127
209,108
211,402
211,771
215,313
217,239
61,589
62,002
59,481
59,477
59,454
54,929
1957
1958
1959
1960
1961
1962
1963
196i
1965
1966
July
August. . .
September.
October. .
November.
318,921
316,582
315,219
317,927
315,431
314,880
319,697
320,014
322,301
324,858
Nonjnarke table
Total
54,931
57,936
58,341
62,254
63,864
Certificates
20,473
32,920
33,843
17,650
13,338
13,547
22,169
1,652
1,652
1,652
1,652
1,652
1,652
1,652
1,652
7,006
7,005
7,005
5,919
Notes
30,973
20,416
27,314
51,483
56,257
65,464
67,284
52,549
50,649
65,953
61,777
59,050
54,497
53,481
53,431
53,645
54,240
55,768
55,183
50,215
50,227
104,232
104,201
50,244
50,881
50,891
50,793
50,647
50,649
50,650
52,
U5
45,902
45,912
45,565
48,267
End of
fiscal year
or month
4.
-
Amount
Outstanding
155,705
166,675
178,027
133,845
187,148
196,072
203,508
206,489
208,695
209,127
1965-November.
December.
2U,619
May
June
July
August. . .
September.
October.
November.
.
54,622
51,984
50,503
Depositary
bonds
11,135
9,621
196
171
47,514
47,607
48,314
49,299
50,043
50,537
8,365
6,783
5,830
4,727
3,921
3,546
3,256
2,692
183
170
117
138
103
103
59
55,685
55,655
50,320
50,324
2,809
2,797
104,171
103,155
103,126
103,083
102,011
101,897
55,587
55,449
55,47
55,293
55,358
55,183
50,319
50,335
50,383
50,420
50,483
50,537
101,874
100,558
100,513
100,489
99,189
55,075
50,606
50,646
50,616
50,679
50,760
2/
/^
55,060
55,175
55,100
55,069
47,
5U
Foreign
series
securities 2/
Foreign
currency
series
securi-
Other
4/
Special
issues
ties 2/
44
860
648
392
1,132
817
75
630
832
1,137
957
137
46,827
46,246
44,756
44,899
45,043
44,939
44,801
46,627
48,650
51,120
49
49
1,164
1,144
1,208
1,208
136
134
47,052
46,255
2,780
2,774
2,757
2,704
2,694
2,692
47
47
47
47
45
44
1,099
999
1,039
949
992
817
1,207
1,157
1,107
1,031
1,007
957
135
136
140
143
137
137
44,356
45,781
45,959
44,921
48,805
51,120
2,691
44
45
45
45
45
747
697
875
747
884
884
859
859
859
104
50,696
104
104
104
100
53,235
53,068
51,888
52,550
2,684
2,676
2,667
2,661
645
19
25
29
68
141
Consists of the dollar equivalent of Treasury certificates of
indebtedness and from October 1962 Treasury bonds issued and
payable in designated foreign currencies.
Includes Treasury bonds, Rural Electrification Administration series
beginning July 1960; retirement plan bonds beginning January 1963;
Treasury certificates; and Treasury bonds.
Maturity Distribution and Average Length of Marketable Interest-Bearing Public Debti/
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1966-January.
February.
March ....
April
bonds,
savings investbonds
ment
series
80,839
90,932
84,853
81,297
80,830
75,025
81,964
88,464
102,481
101,897
Source;
Daily Treasury statement.
1/ Includes $50 million of Panama Canal bonds for fiscal years 1957-60.
Consists
of certificates of indebtedness. Treasury notes beginning
2/
January 1963, and Treasury bonds beginning September 1964, sold to
foreign governments for U. S. dollars.
Table
U. S.
Treasury
bonds 1/
Within
1 year
71,952
67,782
72,958
70,467
81,120
88,442
85,294
81,424
87,637
89,136
26
Treasury Bulletin
DEBT OUTSTANDING
Table
5.
-
Special Public Debt Issues to United States Government Investment Accounts
(In millions of dollars)
End of
fiscal year
or month
...
,
-
'
December 1966
27
.
Table
6.
-
DEBT OUTSTANDING
.
Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In raillions of
Agriculture Department
Agency
for
Secretary:
Farmers
Home
Administration
programs
2/
dolUrs)
Housing and Urban
Development Department
Export
Import
Federal
Bank of
Secretary National
WashMortgage
Other
ington
Associ6/
2/
ation
International
Development 1/
Commodity
Credit
Corporation
Rural
Electrification
Administration
23,354
26,964
1,198
1,188
1,164
1,138
1,107
1,062
807
735
712
689
13,383
11,528
12,874
12,704
11,534
12,990
13,599
13,990
13,111
11,768
2,519
2,728
2,923
3,155
3,332
3,484
3,657
3,828
4,075
4,234
265
256
323
369
456
854
1,027
1,170
1,235
1,436
1,205
1,528
1,937
1,636
1,698
1,830
1,476
830
513
178
282
476
730
977
1,213
1,567
2,005
2,302
2,753
3,133
1,741
1,502
2,351
2,338
3,202
3,167
2,716
2,393
1,899
1,466
1965- November.
December.
27,023
27,458
712
701
11,086
11,494
4,290
4,203
1,399
1,404
687
700
3,006
2,989
1,778
1,902
1966-January
Febraary
March
May
June
27,518
27,302
27,614
27,340
27,454
26,964
701
701
701
701
701
689
11,740
11,826
11,962
11,636
11,751
11,768
4,203
4,203
4,313
4,313
4,313
4,234
1,435
1,459
1,484
1,490
1,494
1,436
676
334
346
470
547
178
3,015
2,861
2,886
2,940
3,025
3,133
1,665
1,838
1,864
1,732
1,564
1,466
July
August.
September
October.
November
24,710
25,480
26,024
25,922
26,475
638
8,984
9,768
9,929
9,301
4,234
4,324
4,324
4,436
4,436
1,445
1,470
1,472
1,460
1,439
225
313
277
480
582
3,228
3,243
3,297
3,337
3,412
1,894
1,660
2,018
2,200
2,329
End of
fiscal year
or month
1957
1958
1959
1960
1961
1962
1963
196i
1965
1966
Total
22,731
21,859
25,343
25,636
26,011
28,634
29,166
29,2a
.
. . .
April.
. .
688
9,5W
^
Source: Daily Treasury statement.
Note: These securities were issued to the Treasury in exchange for advances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury.
Further detail may be found in the 1965
Annual Report of the Secretary of the Treasury, pages 787-90, and the
1965 Combined Statement of Receipts, Expenditures and Balances of the
United States Government, pages 531-533.
Beginning fiscal 1957 figures exclude notes
1/ And predecessor agencies.
previously issued by the Administrator in connection with informational
media guaranties. The obligation for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July IB, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other."
2/ Farm housing and other loan programs, and Agricultural Credit Insurance
Fund (formerly Farm Tenant Mortgage Insurance Fund).
2/ Includes securities transferred from the Reconstruction Finance Corporation, but excludes securities issued under the Defense Production
Act.
Consists of notes issued to borrow for: The urban renewal program
(formerly slum clearance program); college housing loans; and public
facility loans.
^
^/
6/
1/
48
97
112
118
121
121
123
123
124
125
Veterans'
Administration:
Direct
Authorloan
ity
program
Tennessee
Valley
Under
Defense
Production
Act
of 1950
7/
Other
8/
85
95
100
733
780
930
1,180
1,330
1,530
1,730
1,730
1,730
1,730
1,294
1,723
1,950
1,970
1,964
1,976
1,923
2,019
2,056
2,023
21
18
22
21
22
22
29
35
51
72
124
124
100
100
1,730
1,730
2,053
2,053
55
10
124
124
125
125
125
125
100
100
100
100
100
100
1,730
1,730
1,730
1,730
1,730
1,730
2,053
2,048
2,023
2,023
2,023
2,023
66
68
69
70
71
72
10
10
25
25
25
125
125
125
125
125
100
100
100
1,730
1,730
1,975
1,975
1,965
1,965
1,965
72
32
32
25
10
10
10
10
10
10
50
100
100
1,730
1,730
1,730
58
U
75
75
Consists of liabilities taken over by the Association from the
Secretary in accordance with the act approved August 2, 1954, and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d), and 1721 (d))and also securities transferred
from the Reconstruction Finance Corporation.
Public Housing Administration 1957-1963; Federal Housing Administration beginning January 1966.
Consists of notes of: The Administrator, General Services Administration, for defense materials procurement; the Secretary of Agriculture;
the Secretary of Interior (Defense Minerals Exploration Administration)
the Export-Import Bank of Washington through March 1962;
and the Secretary of the Treasury.
Consists of notes issued by the: Secretary of the Treas'ury; Small
Business Administration, fiscal year 1957; United States Information
Agency for informational media guaranties (see footnote 1); Secretary
of Commerce (Maritime Administration) for the Federal Ship Mortgage
Insurance Fund, fiscal years 1959-61 and 1963-65, beginning March 1963;
Virgin Islands Corporation beginning fiscal I960; District of Columbia
Commissioners for the Stadium Sinking Fund beginning June 1962; and
Secretary of the Interior (Bureau of Mines) for developoient and
operation of helium properties beginning May 1964, and (Bureau of
Commercial Fisheries) for Federal Ship Mortgage Insurance Fund
beginning January 1966.
;
8/
41
35
27
29
Saint
Lawrence
Seaway
Development
Corporation
..,.
.
,
Treasury Bulletin
28
DEBT OUTSTANDING
Table
7.
-
Interest-Bearing Securities Issued by Federal Agencies But Not
Guaranteed by the United States Government
(in millions of dollars)
End of
fiscal year
or month
1957
1958
1959
I960
1961
1962
1963
196A
1965
1966
1965-November
December.
,
1966- January.
February,
March..
April.
May
June
.
.
.
July
August.
.
September
October..
November
flanks for
cooperatives
5,013
5,^23
6,708
8,4.07
7,765
9,332
10,192
11,865
13,460
17,666
U,223
14,186
14,494
14,723
15,055
15,773
16,843
17,666
17,928
18,398
18,396
18,541
18,483
Federal
home loan
banks 1/
179
199
Federal National
Mortgage Association
Federal land
banks 2/
Management
and liquidating issues
All other
issues
Tennessee
Valley
Authority
5,221
924
1,159
1,456
1,600
1,723
1,355
2,133
2,315
2,462
2,853
2,386
2,335
796
819
819
858
834
844
5,068
5,050
5,060
5,435
5,895
6,309
2,342
2,404
2,470
2,602
2,744
2,853
3,710
3,813
3,813
3,813
3,980
4,105
2,338
2,397
2,648
2,820
844
882
882
957
1,067
6,594
6,615
6,765
6,959
6,859
2,935
2,990
2,991
2,909
2,814
4,212
4,212
4,295
3,058
285
3,414
3,178
3,125
3,152
285
285
284
330
382
430
459
498
686
844
787
796
Source:
Office of Debt Analysis and agency reports.
Note:
Excludes securities which are issued for use as collateral
commercial bank borrowing.
738
456
992
1,259
1,055
1,797
2,770
4,201
4,757
6,309
Federal
intermediate
credit banks
5',221
1/
2/
1,552
1,646
1,888
2,137
2,357
2,550
2,725
2,973
3,532
4,105
3,671
3,710
4,295
4,295
570
797
797
797
1,050
1,165
1,290
2,284
2,198
2,556
1,960
1,698
1,797
3,269
1,918
1,884
3,1U
3,269
50
145
145
180
225
285
240
240
240
240
245
245
245
285
295
295
The proprietary interest of the United States in these banks ended
in July 1951.
The proprietary interest of the United States in these banks ended
in June 1947.
:
:
December 1966
29
__
STATUTORY DEBT TTVpr/tTrnM
The Second Liberty Bond Act (31 U.S.C. 757b), as amended
$285 billion outstanding at any one time.
by an act approved June 30, 1959, provides that the face amount
to
of securities issued under authority of that act, and the face
(act of June 2U,
amount of securities guaranteed as to principal and interest
by the United States (except guaranteed securities held by the
A temporary increase
$330 billion has been authorized through June 30, 1967
1966).
For a legislative history of the public debt limitation,
see the Annual Report of the Secretary of the Treasury.
Secretary of the Treasury) shall not exceed in the aggregate
Table
1.
-
Status Under Limitation
November
30, 1966
(In millions of dollars)
Maximum amount of debt which may be outstanding at any one time under limitation imposed by the act
of June 30, 1959 (31 U.S.C. 757b), as increased temporarily by the act of June 24, 1966
330,000
Amount outstanding subject to statutory debt limitation:
U.S. Government securities issued under the Second Liberty Bond Act, as amended
Guaranteed debt of U.S. Government agencies
329,1^5
495
Total amount outstanding subject to statutory debt limitation
^^_
Table
2.
-
Application of Limitation to Public Debt and Guaranteed Debt
Outstanding November 30, 1966
In
millions of dollars)
Classification
Public debt:
Interest-bearing debt:
Public issues marketable:
Treasury bills
Certificates of indebtedness
Treasury notes
Treasury bonds
Subject to statutory
debt limitation
Not subject to statutory
debt limitation
—
—marketable
Total
outstanding
63,864
5,919
48,267
99,189
63,864
217,239
217,239
290
621
290
621
211
28
211
28
144
210
14^
210
5,919
48,267
99,189
—
Public issues nonmarketable
Certificates of indebtedness:
Foreign series
Foreign currency series
Treasury notes
Foreign series
Foreign currency series
Treasury bonds:
Foreign series
Foreign currency series
Treasury certificates
Treasury bonds
U. S . savings bonds
U. S. retirement plan bonds
Depositary bonds
Treasury bonds, R.E.A. series
Treasury bonds , investment series
Total public issues
,
^,
(
Total public issues
,
—nonmarketable
Special issues to Government agencies and trust funds
Total interest-bearing debt
Matured debt on which interest has ceased
Debt bearing no interest:
Special notes of the United States:
International Monetary Fund Series
International Development Association Series
Special bonds of the United States:
U.N. Special Fiand Series
U.S. savings stamps
Excess profits tax refund bonds
U.S. notes (less 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 debt of U.S. Government agencies:
Interest-bearing debt
Matured debt on which interest has ceased
Total guaranteed debt of U.S. Government agencies
Total public debt and guaranteed debt
_
129 . 640
Balance issuable under limitation
57
57
4
4
50,760
17
50,760
17
45
22
45
22
2,661
2,661
55,069
55.069
52,550
52,550
324 ,858
324,858
212
215
3,976
3,976
25
25
17
56
1
166
86
11
4,075
329,145
i94
1
495
329,640
q
30
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table
1. -
Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding November 30, 1966
Other than Regular Weekly and Annual Treasury Bills
December 1966
31
PUBLIC DEBT OPERATIONS.
Table
Maturity Scheciule of Interest-Bearing Public Marketable Securities
Outstanding November 30, 1966
Other than Regular Weekly and Annual Treasury Bills - (Continued)
1. -
. ..
Treasury Bulletin
32
PUBLIC DEBT OPERATIONS
Table
2.
-
Offerings of Treasury Bills
(Amounts in millions of dollars)
Description of new issue
Issue date
Number of
days to
maturity 1/
Maturity
date
Amount of
bids
tendered
Amount of bids accepted
Total
amount
On competitive basis
On noncompetitive basis 2/
In
exchange
Regular weekly;
i
(1966-Nov.
1967-Feb.
3
2
91
132
2,303.i
2,055.5
1,300.0
1,000.7
1,052.1
885.8
247.9
114.9
Aug. 11
1966-Nov.
1967-Feb.
10
9
91
182
2,166.6
1,559.6
1,301.5
999.8
1,038.8
877.0
262.7
122.8
Aug. 18
1966-Nov.
1967-Feb.
17
16
91
182
2,065.7
1,706.6
1,301.3
1,001.3
1,033.1
877.1
268.2
124.2
1966-Nov.
1967-Feb.
25
23
92
182
2,078.2
2,153.9
1,300.2
1,002.5
1,064.4
884.6
235.8
117.9
1966-Aug.
Aug. 25
'
1
1966- Dec.
_1967-Mar.
91
182
2,034.5
1,809.1
1,300.1
1,000.2
1,046.1
877.9
254.1
122.3
Sept. 8
i966-Dec.
1967-Mar.
91
182
1,981.2
2,179.1
1,302.4
1,003.7
1,063.2
883.9
239.2
119.8
Sept. 15
1966-Dec.
1967-Mar.
15
16
91
182
2,059.6
2,519.6
1,300.0
1,000.4
1,017.7
824.4
282.2
175.9
Sept. 22
i966-Dec.
1967-Mar.
22
23
91
182
2,120.3
2,456.1
1,300.2
1,000.5
1,022.9
321.9
277.3
178.6
Sept. 29
i966-Dec.
1967-Mar.
29
30
91
182
2,989.9
2,351.2
1,303.0
1,000.7
1,044.4
794.0
258.6
206.7
91
182
1,8U.5
1,A53.«
1,300.1
1,000.3
1,023.7
799.8
276.4
200.4
91
182
2,278.6
2,085.2
1,300.6
999.9
970.6
795.8
330.0
204.1
2,439.4
1,897.3
1,301.9
1,000.7
1,017.4
810.1
284.5
190.6
Sept.
6
Jan.
Apr.
Oct. 13
Jan
Apr.
12
13
Oct. 20
Jan.
Apr.
19
91
20
182
Oct. 27
Jan
Apr.
26
27
182
2,206.4
2.376.7
1,300.2
1,000.5
1,037.3
843.4
262.9
157.1
Feb.
2
May
i
91
182
2,206.8
2,254.4
1,300.6
1,000.8
1,046.9
852.3
253.7
148.5
Feb.
May
9
11
91
182
2,800.7
2,188.6
1,300.6
1,000.1
1,033.1
843.7
267.6
156.4
Feb.
May
16
18
91
182
2,222.8
2,499.7
1,300.6
1,000.0
1,031.4
316.4
269.2
183.7
Feb.
May
23
25
90
181
2,258.9
2,231.8
1,300.7
999.6
1,050.7
847.0
249.9
152.6
tl967-Mar.
Apr.
22
21
208
238
2,950.2
1,489.9
2,006.1
1,003.3
1,699.3
847.3
306.7
155.9
2/
Apr.
Oct. 18
June
21
22
185
2i7
2,279.i
2,456.6
1,506.9
2,006.6
1,268.5
1,783.1
238.3
223.5
1966-Nov.
Dec.
30
31
365
365
1,948.5
2,720.5
1,000.6
1,001.0
954.6
948.5
46.0
52.5
1967- Jan.
31
28
31
30
31
30
31
1,917.3
1,771.3
1,571.0
1,834.4
2,012.7
1,568.6
1,868.9
2,236.8
l,001.i
1,000.2
1,000.0
1,000.7
1,001.2
l,001.i
994.8
1,000.1
9U.7
967.0
956.7
961.2
963.0
953.9
960.0
967.0
56.7
33.2
31
365
365
365
365
365
365
365
365
43.4
39.5
38.2
47.6
34.9
33.1
30
30
273
365
984.7
1,472.8
500.1
900.1
471.8
833.8
28.3
66.3
31
31
273
365
1,076.1
2,272.1
500.4
904.6
485.0
862.2
15.4
42.4
31
126
156
187
2,986.8
1,202.3
1,081.2
121.2
1,183.3
2,153.7
500.7
900.5
486.8
861.5
13.9
39.0
Oct.
Nov.
3
Nov. 10
Nov. 17
Nov. 25
91
Tax anticipation:
1966-Aug. 26
\
9-month and one-year
1965-Nov. 30
Dec. 31
1966-Jan. 31
Feb. 28
Mar. 31
Apr. 30
May 31
June 30
July 31
Feb.
Mar.
Apr
May
June
July
Aug. 31
Aug.
Sept. 30
(June
Oct. 31
f
Nov. 25 A/
Sept.
Oct.
C
Mar.
Apr.
(
I-
Nov. 30
July
\
r
I
May
30
31
Aug.
Nov.
31
30
27il
365
299.0
173.5
Amount
maturing on
issue date
of new
offering
Total of
unmatured
issues outstanding after
new issues
.
December 1966
33
PUBLIC DEBT OPERATIONS
Table
2.
-
Offerings of Treasury Bills
On total bids accepted
Issue date
Average price
per hundred
Equivalent average
rate 6/
(Continued)
On competitive bids accepted
High
Price per hundred
(Percent)
Regular weekly:
-
Equivalent rate 6/
Price per hundred
(Percent)
Equivalent rate 6/
(
Percent)
1966-Aug.
i.
4.833
4.969
98.782
97.494
2/
4.818
4.957
98.775
97.482
4.846
4.981
Aug.
11.
4.825
5.050
98.791 8/
97.462 2/
4.783
5.020
98.775
97.425
4.846
Aug.
18.
5.048
5.315
5.022
5.410
98.737 10/
97.340 10/
98.725
4.996
5.262
98.710
97.286
5.103
5.368
97.27512/
4.989
5.390
98.708
Q7.262
5.056
5.416
5.087
5.567
98.726 JJ/
97.208
5.040
5.523
98.704
97.154
5.127
5.629
5.156
5.657
98.710
97.148
5.103
5.641
98.684
97.133
5.206
5.671
Aug.
25.
Sept.
[98.697
97.IAO
Sept.
IV
ly
5.093
Sept.
15.
5.447
5.927
98.657
97.016 Ig/
.313
.902
98.610
96.992
5.499
5.950
Sept.
22.
5.586
6.040
98.609
96.968 17/
5.503
5.997
98.581
96.941
5.614
6.051
Sept.
29.
5.502
5.803
98.615
97.078
5.479
5.780
98.605
97.057
5.
408
5.673
98.647
97.148 Ig/
5.353
5.641
98.630 12/
97.102
5.420
5.732
Oct.
6.
Oct.
13.
5.470
5.750
Oct.
20.
.423
,652
98.635
97.152
5.400
5.633
Oct.
27.
5.247
5.536
98.680
97.209
5.222
5.521
3.
5.235
5.513
98.685
97.220
,202
Nov.
10.
5.432
5.705
98.638 20/
97.127 21/
,683
17.
5.458
5.695
98.629 22/
97.123
,424
,691
98.616
97.118
25.
5.252
5.502
98.692
97.241
,232
,488
98.681
97.230
5.338
5.433
97.013 22/
96.542 24/
5.170
5.231
96.875
96.364
5.483
5.586
97.203
96.206
2y
5.443
5.530
97.169
96.130
4.277
4.731
4.699
4.945
4.739
4.773
4.966
4.697
4.964
5.844
5.808
5. 806
5.567
5.544
5.318
5.552
5.519
95.681
95.215
95.250
95.007
95.215
95.184
94.986
95.306
94.991
94.110
95.629
94.156
95.799
94.385
97.731
95.787
94.419
4.260
4.719
4.685
4.925
4.719
4.750
4.945
4.630
4.940
5.809
5.764
5.764
5.540
5.538
5.226
5.535
5.505
95.652
95.197
95.225
94.974
95.155
95.144
94.951
95.138
94.943
94.056
95.564
94.074
95.764
94.374
97.679
95.760
94.402
Nov.
Nov.
499
388
Tax anticipation:
1966-Aug.
26.
2/
Oct.
18
196.916
196.408
9-month and one-year:
1965-Nov.
Dec.
1966- Jan.
Feb.
Mar.
Apr.
30.
31.
31.
28.
Aug.
31.
30.
31.
30.
31.
31.
Sept.
30.
May
June
July
Oct.
31....
Nov.
25 i/.
Nov.
30
24/
27/
28/
22/
JO/
21/
i2/
22/
2i/
Treasury Bulletin
34
PUBLIC DEBT OPERATIONS
Footnotes to Table 2
Source: Daily Treasury statement; Bureau of the Public Debt.
Note: Tax anticipation and one-year bills are shown in the table each
month until the month in which they mature is no longer shown in the
issue date column for regular weekly bills.
1/ The 15^week bills represent additional issues of bills with an original
maturity of 26-weeks and the 9-month bills represent additional issues
of bills with an original maturity of one-year.
2/ For 13-week and 26-week issues, tenders for $200,000 or less from any
one bidder are accepted in full at average price of accepted competitive bids; for other issues, the corresponding amount is stipulated
in each offering announcement.
1/ Issued on October 18, 1966; additional to bills dated August 26, 1966.
Additional amounts ($^00, 782, 000 each) of three series of outstanding
monthly bills issued in strip form for cash and exchange on
5/
7/
8/
2/
10/
11/
12/
November 25, 1966.
Includes strip bills issued November 25, 1966.
Bank discount basis.
Except $150,000 at 98.82i.
Except $20,000 at 98.800.
Except $100,000 at 97.472 and $1,300,000 at 97.4.67.
Except $1,500,000 at 98.787 and $300,000 at 98.7i2.
Except $250,000 at 97.431, $100,000 at 97.360, $300,000 at 97.353
and $52,000 at 97.353.
Except $3,000,000 at 97.280.
13/
1A/
15/
16/
17/
18/
19 /
20/
21/
22/
23/
2A/
25/
26/
27/
28/
29/
22/
21/
2i/
22/
24/
Except $2,000,000 at 98.736.
Except $620,000 at 97.219, and $750,000 at 97.186.
Except $240,000 at 98.671.
Except $300,000 at 97.025.
Except $1,000 at 97.030, $1,000,000 at 96.991, and $130,000 at 96.972.
Except $603,000 at 97.156.
Except $1,525,000 at 98.673, and $200,000 at 98.633.
Except $100,000 at 98.677, and $58,000 at 98.670.
Except $513,000 at 97.194.
Except $1,500,000 at 93.635.
Except $200,000 at 97.120 and $100,000 at 97.080.
Except $1,860,000 at 96.601.
Except $55,000 at 97.282.
Except $200,000 at 95.455 and $700,000 at 95.235.
Except $200,000 at 95.300 and $3,000,000 at 95.255.
Except $350,000 at 95.240, $190,000 at 95.235 and $5,000,000 at 95.229.
Except $100,000 at 95.072 and $400,000 at 95.008.
Except $5,000,000 at 94.130.
Except $5,000 at 95.649, $3,100,000 at 95.639, and $300,000 at 95.633.
Except $5,300,000 at 94.170.
Except $2,000 at 94.500.
Except $31,000 at 98.205, $21,000 at 98.125, $21,000 at 98.120,
$21,000 at 98.115, and $81,000 at 97.777.
.
.
December 1966
35
PUBLIC DEBT OPERATIONS
Table
3.
-
New Money Financing through
Regular Weekly Treasury Bills
(Dollar amounts In millions)
Description of issue
Maturity
Issue
date
date
1961-January
19
Janxiary
26
February
2
March
30
1961-April
6..
April
13..
May
^..
May
11..
July
20.
August
31..
October
19..
October
26.
1962-February
1..
February
15..
Febniary
23..
March
1..
March
8..
March
15..
March
22..
March
29..
April
5..
April
12..
April
19.
April
26.
May
10..
May
2A..
May
31..
June
7.
June
M..
June
21..
June
28.
,
1/
.
.
36
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table
3.
-
New Money
Financing through Regular Weekly Treasury Billsi/- (Continued)
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
Issue
date
date
Amount
of bids
tendered
Amount
of bids
accepted
$2,212
1,202
*1,301
700
2.930
3.008
t200
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
(Percent)
1962- July
5.
ri962-0ctober
|1963-January
July
12.
ri962-October
|l963-January
11
10
91
182
2,365
1,126
1,301
700
2.974
3.096
201
July
19.
fl962-0ctober
1l963-January
18
17
91
182
2,454
1,068
1,302
700
2.983
3.133
201
26.
Ii962-0ctober
25
Jvdy
91
182
2,127
1,362
1,298
703
2.892
3.103
200
1
91
182
2,161
1,576
1,301
700
2.874
3.075
91
182
1,972
1,203
1,301
700
2.801
2.990
197
August
2.
August
9.
August
16.
23.
August
30.
6.
September
13
September
20.
September
October
^963-Januflry
1962-November
1963-January
27.
11.
October
18.
October
25.
1.
15
U
91
182
2,078
1,766
1,301
704
2.867
3.060
204
/1962-November
\l%3-February
23
21
92
182
2,003
1,651
1,301
700
2.837
2.984
99
fl962-November
1.1963-February
29
28
91
182
2,248
1,259
1,301
700
2.805
2.916
100
fl962-December
6
7
91
182
2,054
1,332
1,301
700
2.834
2.977
100
ll%3-March
fl%2-December
13
\l963-March
U
91
182
2,377
1,291
1,301
701
2.789
2.911
101
fl962-December
\l963-March
20
21
91
182
2,265
1,375
1,301
700
2.796
2.962
101
fl%2-December
27
28
91
182
2,150
1,777
1,300
700
2.749
2.938
100
3
91
182
2,011
1,505
1,300
A
701
2.752
2.902
100
10
11
91
182
2,136
1,631
1,301
701
2.760
2.864
100
17
18
91
182
2,225
1,436
1,300
700
2.749
2.843
98
April
ZA
25
91
182
2,133
1,394
1,301
700
2.742
2.828
102
J
January
31
May
2,207
1,573
1,301
701
2.686
2.775
101
I
91
182
91
182
2,249
1,761
1,301
702
2.841
2.927
101
2,325
1,436
1,302
701
2.801
2.846
103
\l963-Maroh
1963-January
April
15
November
23.
November
December
{January
April
(January
April
(January
f
February
1
May
8,
November
29.
64
December
December
U
May
16
91
182
February
21
23
90
181
2,409
1,274
1,300
800
2.333
2.892
199
28
.31
91
183
2,042
1,528
1,300
801
2.853
2.936
199
7
6
91
182
2,108
1,663
1,300
801
2.861
2.945
98
J
I
May
f
February
l
May
J
1963-Jan\iary
U
13
91
182
1,973
1,321
1,301
801
2.807
2.861
101
f
March
\
June
21
20
91
182
2,092
1,248
1,301
800
2.860
2.900
99
r
March
28
27
91
182
2,660
1,322
1,309
802
2.893
2.924
110
91
183
2,220
1,340
1,301
801
2.926
2.966
101
91
182
2,196
1,542
1,301
800
2.920
2.966
100
91
182
2,133
1,459
1,301
800
2.919
2,977
92
2,081
1,454
1,300
800
2.922
2.982
98
20,
\
June
f
April
July
A
April
July
11
11
3'.
10-
f
I
March
April
April
28^
4.
11.
(June
September
f
\
r
\
April
18.,
f
\
April
25.,
f
1
Footnotes at end of table.
June
June
J
\
I
January
March
March
13,
27.
2
{February
\
December
199
fl962-November
\l963-February
4.
October
November
31
1,196 3-February
t
November
3
91
182
fl962-November
August
September
A
5
27
26
July
October
5
3
92
182
July
October
11
10
91
182
2,292
1,553
1,302
801
2.913
2.978
102
July
October
18
17
91
182
2,352
1,485
1,301
800
2.917
3.010
100
July
October
25
24
91
182
2,259
1,670
1,300
801
2.834
2.932
99
(Continued on following page)
)
.
.
December 1966
37
PUBLIC DEBT OPERATIONS
Table
3.
-
New Money Financing
through Regular Weekly Treasury Billsi/- (Continued)
(Dollar amounts in millions)
Description of issue
Amount
of bids
tendered
Amount
of bids
accepted
*2,05/i
1,668
* 1,302
31
91
182
801
2.897
2.989
*101
August
November
8
91
7
182
2,119
1,715
1,301
802
2.905
2.993
100
August
November
15
U
91
182
2,397
1,302
801
2.903
2.990
98
21,
(i964-February
May
20
21
91
182
2,321
1,431
1,202
800
3.524
3.660
-99
29.
February
May
27
28
90
181
1,987
1,6U
1,201
802
3.480
3.630
-99
August
November
20
91
19
182
2,258
1,633
1,202
900
3.482
3.598
101
August
November
27
27
91
1,200
900
3.476
3.595
97
Number of
days to
maturity
Maturity
Issue
date
date
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
(Percent
1963-May
2.
May
9.
fl963-August
October
I
f
\
May
16
f
\
November
November
196A-May
21.
May
July
July
183
16
October
1965-January
15
U
91
182
2,123
1,409
1,202
902
3.448
3.549
103
23,
i964-0ctober
1965-January
22
21
91
182
2,070
1,333
1,201
900
3.502
3.619
100
30.
1964-October
1965-January
29
28
91
182
2,204
1,889
1,201
902
3.475
3.591
101
1964-December
1965-March
10
11
91
182
2,169
1,464
1,302
901
3.514
3.649
101
19 6^- De c emb er
1965-March
17
18
91
182
2,083
1,474
1,302
900
3.541
3.693
102
1964-December
1965-March
2i
25
91
182
2,200
1,624
1,302
901
3.542
3.692
101
1964-December
1965-April
31
91
182
2,086
1,451
1,301
900
3.555
3.711
100
1
September 10.
September 17,
September
October
1965-January
January
February
1,583
2,073
1,709
28.
July
1
24-.
1.
21.
April
July
22
22
91
182
2,099
2,475
1,200
1,001
3.821
3.960
99
28,
April
July
29
29
91
182
2,185
2,465
1,203
1,003
3.848
3.946
104
May
August
6
91
182
2,226
2,470
1,203
1,004
3.888
3.968
105
5
4.,
February
11.
May
August
13
12
91
182
2,242
2,448
1,200
1,001
3.903
3.987
100
February
18.
May
August
20
19
91
182
2,074
2,162
1,200
1,000
3.936
4.015
98
February
25,
May
August
27
26
91
182
2,327
2,504
1,201
1,003
3.989
4.043
102
June
September
3
2
91
182
2,359
2,304
1,200
1,000
3.982
4.037
100
June
September
2i
23
91
182
2,368
2,024
1,203
1,000
3.922
3.984
94
1
91
182
2,061
1,938
1,200
1,002
3.921
3.993
102
91
182
2,281
2,188
1,202
1,001
3.942
3.993
200
91
182
2,336
1,832
1,201
1,001
1,966
1,933
1,304
1,003
3.937
3.991
4.532
4.718
4.585
4.737
102
March
4.
{
March
2^^
April
1,
April
8,
April
15.
1966 -January
January
July
:ieptember
July
October
July
(jctober
.966- April
6
13
30
July
15
li
7
7
91
182
April
July
14
14
91
182
2,258
2,004
1,302
1,000
97
105
20
April
July
21
21
91
182
2,296
2,166
1,301
1,001
4.673
4.770
97
Januasry
27
April
July
28
28
91
182
2,084
2,305
1,301
1,000
4.596
4.699
101
January
Footnotes
,at
end of table.
(Continued on following page)
Treasury Bulletin
38
PUBLIC DEBT OPERATIONS
Table
3.
-
New Money
Financing through Regular Weekly Treasury Bills 1/- (Continued)
December 1966
39
PUBLIC DEBT OPERATIONS
Table
4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills
Date subscrip-
Treasury Bulletin
40
PUBLIC DEBT OPERATIONS.
Table
Date 3ub32;'ip-
4.
-Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
December 1966
41
PUBLIC DEBT OPERATIONS
Table
Date Bubscription books
opened or bill
tenders received
Date
of
issue
4.- Offerings of Public
Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
Description of securities 1/
Period to final
maturity
(years, months,
Amount of subscriptions tendered
days) 2/
Cash
^
Exchange
Amount issued
For
cash 2/
{In millions of dollars)
5/27/64
6/2/64
3.719!6 Bill
5/31/65
At auction
7/1/64
_ 7/7/64
3.691* Bill
6/30/65
At auction
10/1/57
8/15/62
Bond
4?
4-1/8* Bond
4-1/4* Bond
10/1/69
11/15/73
8/15/87-92
7/29/64
3.505* Bill
7/13/64
7/24/64
7/2V64
ly
ly
Reopening
57
Reopening
9y
28y
"Strip" of 10
57/
(At auction)
riO/15/64-
2-l/4m
3-3/4M
3/4m
109. 6d
- series
112/17/64
7/30/64
8/4/64
3.644* Bill
7/31/65
8/3/64
8/15/64
3-7/8* Note
2/15/66-C
8/25/64
8/31/64
3.688* Bill
8/31/65
At auction
8/26/64
9/2/64
3.580* Bill
3/22/65
Tax ant. 11/
(At auction)
9/24/64
9/30/64
3.773* Bill
10/
10/1/64
1-1/2* Note
lO/l/69-EO
10/20/64
9/2/64
3.518* Bill
3/22/65
(
At auction
Average)
ly
ly
6iii
ly
201d
9/30/65 - At auction
ly
5y
Tax ant. U/
C Reopening)
147d
At auction
10/27/64
10/31/64
3.790* Bill
10/31/65
11/2/64
11/15/64
4*
Note
5/15/66-D
11/17/64
11/24/64
3.639* Bill
6/22/65
•
11/24/64
11/30/64
4.068* Bill
11/30/65
•
At auction
12/23/64
12/31/64
3.972* Bill
12/31/65
•
At auction
1/4/65
1/15/65
1/15/65
8/15/62
Bond
4*
4-1/8* Bond
4-1/4* Bond
2/15/70
2/15/74
8/15/87-92
1/12/65
11/24/64
3.711* Bill
6/22/65
1/26/65
1/31/65
3.945* Bill
1/31/66
Note
11/15/66
ly
ly
6m
210d
Tax ant. 11/
(At auction)
ly
ly
5y
9y
27y
Reopening
Im
Im
7m
155d
Tax ant. 11/
( Reopening)
ly
At auction
ly
E
9m
2/1/65
2/15/65
4*
2/23/65
2/28/65
4.062* Bill
2/28/66
At auction
ly
3/25/65
3/31/65
3.987* Bill
3/31/66
At auction
ly
10/
4/1/65
1-1/2* Note
4/1/70-EA
4/23/65
4/30/65
3.996* Bill
4/30/66
At auction
ly
2/15/62
4*
Note
8/15/66-A
5/15/64
4-1/4* Bond
5/15/74
V3I/65
3.954* Bill
5/31/66
5y
Reopening
Issued at 99.85
Reopening
Issued at 100.25
At auction
5/3/65
5/25/65
3m
9y
1
6/24/65
6/30/65
3.807* Bill
6/30/66
7/27/65
7/31/65
3.875* Bill
7/31/66
8/13/65
4*
Note
2/1 5/67- C
8/15/62
4*
Bond
8/24/65
3/31/65
4.006* Bill
8/31/66
At auction
9/24/65
9/30/65
4.236* Bill
9/30/66
At auction
10/
10/1/65
1-1/2* Note
10/1/70
EO
10/11/65
3.783* Bill
3/22/66
Tax ant. 11/
(At auction)
10/11/65
3.941* Bill
6/22/66
Tax ant. 11/
(At auction)
10/26/65
LO/31/65
4.192* Bill
10/31/66
11/1/65
1V15/65
4-1/4* Note
11/17/65
10/11/65
4.075* Bill
5/15/67-D
6/22/66-
11/23/65
11/30/65
4.277* Bill
.
8/2/65
2/15/69 Issued at 99.45
10/5/65
At auction
ly
Tax ant. 11/
(Reopening)
11/30/66 - At auction
In exchange
4/
Allotment
ratio
Treasury Bulletin
42
PUBLIC DEBT OPERATIONS
Table
Date subscitp-
4.
-
Offerings of Public Marketable Securities Other than
Regular Weekly Treasury Bills - (Continued)
.
December 1966
A3
PUBLIC DEBT OPERATIONS
Footnotes to Table 4
Source: Daily Treasury statement; Bureau of the Public Debt.
For bill issues sold at auction the
1/ Issued at par except as noted.
rate shown is the equivalent average rate (bank discount basis) on
accepted bids. For details of bill offerings, see Table 2. In reopenings, the amount issued is in addition to the amount in original
offering.
From
date of additional issue in case of a reopening.
2/
2/ Subscriptions shown are from the public, but amounts issued include
allotments to Government investment accounts.
4/ For maturing securities exchanged for the new issues, see Table 7.
Issued as a rollover of maturing one-year bills
6/ Subscriptions were permitted to be made with payment in cash or in
i-7/8? Treasury certificates maturing February 15, 1961 (see Table 7,
footnote ^).
7/ Consists of allotments on subscriptions from holders of certificates
of indebtedness maturing February 15, 1961.
8/ Subscriptions from States, political subdivisions or instmmentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, as provided in the offering
circular, totaled $ii,364- million and were allotted in full. Subscriptions subject to allotment totaled $14., 619 million; those
up to and including $10,000 were allotted in full; all others were
allotted 20 percent but in no case less than $10,000.
2/ In addition to the amovints allotted to the public, there was allotted
to the Federal Reserve Banks and Government investment accounts
$39 million of the 3-3/8^ bonds of 1966, and $54.0 million of the
3-5/8? bonds of 1967.
10/ Exchange offering available to owners of nonmarketable 2-3/4? Treasury bonds. Investment Series B-1975-80, dated April 1, 1951. For
further information on the original offering see Treasury Bulletin
for April 1951, page A-1.
Amounts shown are as of November 30, 1966.
11/ Tax anticipation bill, acceptable at face value in payment of income
and profits taxes due on the 15th of the month immediately preceding
maturity.
12/ Subscriptions were permitted to be made with payment in cash or in
the 4-3/4? Treasury certificates or 3-5/8? Treasury notes, both
maturing May 15, 1961 (see Table 7, footnote 9).
13/ Consists of allotments on subscriptions from holders of certificates
of indebtedness and Treasury notes maturing May 15, 1961.
14/ There were allotted in full all subscriptions totaling about $2,379
million for the certificates and $1,258 million for the notes, from
States, political subdivisions or instrumentalities thereof, public
pension and retirement and other public fiinds, international organizations in which the United States holds membership, foreign central
banks and foreign States, Government investment accounts, and the
Federal Reserve Banks, as provided in the offering circulars. Subscriptions from all other investors were subject to allotment and
totaled $11,4.45 million for the certificates which were allotted
27 percent, and $11,631 million for the notes which were allotted
12 percent; subscriptions for $25,000 or less were allotted in full,
and subscriptions for more than $25,000 were allotted not less than
$25,000.
15/ Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of eighteen series of weekly Treasury bills
maturing from August 3, 1961, to November 30, 1961.
16/ In addition to the amounts allotted to the public, there was allotted
to the Federal Reserve Banks and Government investment accounts
$480.4 million of the 3-1/2? bonds of 1980, $160.6 million of the
3-1/2? bonds of 1990, and $289.5 million of the 3-1/2? bonds of 1998.
17/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 37 percent but in no case
less than $100,000.
In addition, $100 million of the notes was
allotted to Government investment accounts.
18/ Includes $2 million allotted to Government investment accoiints of the
3-1/4? notes, $4 million of the 3-3/4? bonds of 1966, and $136
million of the 3-3/4? bonds of 1974.
19/ Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of eight series of weekly Treasury bills maturing
from December 7, 1961, to January 25, 1962.
20/ Holders of approximately $970 million of Series F and G savings bonds
issued in 1950, which mature in 1962, were offered in exchange the
3-7/9? bonds with certain adjustments as of December 15, 1961, at a
price of 99.50. Smaller denominations of savings bonds could be exchanged for the next higher multiple of $500 of the bonds upon payment of any cash difference. Cash payments amounted to $309,000,
21/ Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 60 percent but in no case
In addition, $100 million of the bonds was
less than $50,000.
allotted to Government investment accounts.
22/ Includes $3,411 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/2? certificates and $1,518
million of the 4? notes.
^
22/
24/
2V
26/
27/
28/
29/
30/
31/
32/
33/
34/
35/
36/
37/
38/
39/
40/
4I/'
/^
42/
44/
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $385 million of the 4? bonds of
1971, $177 million of the 4? bonds of 1980, $218 million of the
3-1/2? bonds of 1990, and $221 million of the 3-1/2? bonds of 1998.
Issued for cash and in exchange for tax anticipation bills maturing
March 23, 1962 (see Table 7, footnote 12).
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 15 percent but in no case
less than $50,000.
In addition, $100 million of the bonds was
allotted to Government investment accounts.
Includes $2,166 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4? certificates, $14 million of
the 3-5/8? notes, and $64 million of the 3-7/8? bonds.
Subscriptions were permitted to be made with payment in cash or in
the 4? notes or 3-1/4? notes, both maturing August 15, 1962 (see
Table 7, footnote 13).
Consists of allotments on subscriptions from holders of Treasury
notes maturing August 15, 1962.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts, and the Federal Reserve Banks totaled $4,760 million for
the certificates and were allotted in full, in accordance with the
offering circular. Subscriptions from all others totaled $15,395
million and were allotted 12-1/2 percent with subscriptions for
$50,000 or less allotted in full and those for more than $50,000
allotted not less than $50,000.
Subscriptions for the 4? bonds totaled $6,743 million and were
allotted 22 percent with subscriptions for $100,000 or less allotted
in full and those for more than $100,000 allotted not less than
In addition, $100 million of the bonds was allotted to
$100,000.
Government investment accounts.
All subscriptions for the 4-1/4? bonds were allotted in full. In
addition, $50 million of the bonds was allotted to Government
investment accounts. Savings-type investors were given the privilege
of paying for the bonds allotted to them in installments up to
October 15, 1962 (not less than 30 percent by August 15, 1962, the
issue date; 60 percent by September 15, 1962; and full payment by
October 15, 1962).
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $21 million of the 3-3/4? notes
and $320 million of the 4? bonds.
Includes $3,796 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/8? certificates, $1 million of
the 3-1/2? notes, and $6 million of the 4? bonds.
Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of ten series of weekly Treasury bills maturing
from January 17, 1963, to March 21, 1963.
Holders of approximately $458 million of Series F and G savings
bonds which mature in 1963 and 1964 were offered in exchange either
the 3-7/8? bonds or the 4? bonds with certain adjustments as of
December 15, 1962, at a price of 99.50. Smaller denominations of
savings bonds could be exchanged for the next higher multiple of
$500 of the bonds upon payment of any cash difference. Cash payments
amounted to $93,000 for the 3-7/8? bonds and $101,825 for the 4? bonds.
The bonds were sold to a syndicate on the basis of competitive bidding for reoffering to the public. The winning bid was $99.85111 per
$100 of face amount for a 4? coupon, resulting in a net basis cost to
the Treasiiry of 4.008210?, calculated to maturity.
Includes $3,921 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/i? certificates and $15 million
of the 3-3/4? bonds.
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $19.8 million of the 3-5/8? notes,
$29.6 million of the 3-7/8? bonds of 1971, $151.9 million of the
3-7/8? bonds of 1974, and $123.9 million of the 4? bonds of 1980.
The bonds were sold to a syndicate on the basis of competitive bidding for reoffering to the public. The winning bid was $100.55119
per $100 of face amount for a 4-1/3? coupon, resulting in a net basis,
cost to the Treasury of 4.093145?, calculated to maturity.
Includes $3,327 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4? certificates, and $85 million
of the 3-5/8? notes.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 5 percent but in no case
less than $100,000.
Includes $4,149 million allotted to Federal Reserve Banks and Government investment accounts.
One-year bills issued monthly beginning September 3, 1963.
In addition to the amounts allotted to the public, there was allotted
to Federal Reserve Banks and Government Investment accounts $23 million of the 3-7/8? bonds of 1968, and $171 million of the 4? bonds of
1973.
Remaining footnotes on following page.
Treasury Bulletin
44
PUBLIC DEBT OPERATIONS
Footnotes to Table 4
4^/
46/
47/
48/
49/
50/
^1/
52/
53/
5/^/
55/
56/
^
58/
59/
60/
61/
62/
63/
64/
Issued for cash and in exchange lor one-year bills maturing October
15, 1963 (see Table 7, footnote 17).
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
February 6, 196^, to April 9, 196^.
Subscriptions were permitted to be made with payment in cash or in
3-1/8^ certificates or 4.-7/8% notes, both maturing November 15, 1963
(see Table 7, footnote 18).
Consists of allotments on subscriptions from holders of Treasury certificates of indebtedness and Treasury notes maturing November 15, 1963.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds menbership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, as provided in the offering
Subcircular, totaled $4,307 million and were allotted in full.
scriptions subject to allotment totaled $15,762 million: those up to
and including $100,000 were allotted in full; all others were allotted
21 percent but in no case less than $100,000.
Issued to replace the one-year bills maturing January 15, 1964In addition to amounts allotted to the public, $189 million was
allotted to Government investment accounts.
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 83-1/2 percent but in no
In addition, $125 million of the bonds was
case less than $50,000.
allotted to Government investment accounts.
Includes $4,014 million allotted to Federal Reserve Banks and Government investment accounts of the 3-7/8% notes.
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 9 percent but in no case
less than $50,000.
Includes $6,383 million allotted to Federal Reserve Banks and Governments investment accounts of the 4-% notes and $29 million of the 4-1/4.%
bonds.
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $22 million of the 4-l/4% bonds of
1987-92, and $4 million of the 4-1/8% bonds of 1973.
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
October 15, 1964, to December 17, 1964.
Subscriptions were permitted to be made with payment in cash or in 5%
notes or 3-3/4% notes, both maturing August 15, 1964 (see Table 7,
footnote 22).
Consists of allotments on subscriptions from holders of Treasury notes
maturing August 15, 1964.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public fimds, international organizations in which the United States holds membership.
foreign central bank^ and foreign States, Government investment
accounts and the Federal Reserve Banks, as provided in the offering
circulars, totaled $1,950 million and were allotted in full. Subscriptions subject to allotment totaled $12,903 million: those up
to and including $100,000 were allotted in full; all others were
allotted 15 percent but in no case less than $100,000.
Subscriptions were permitted to be made with payment in cash or in
4-7/8% notes or 3-3/4% notes, both maturing November 15, 1964- (see
Table 7, footnote 24.).
Consists of allotments on subscriptions from holders of Treasury
notes maturing November 15, 1964Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, as provided in the offering
Subcirculars, totaled $6,607 million and were allotted in full.
scriptions subject to allotment totaled $15,293 million: those up
to and including $100,000 were allotted in full; all other were
allotted 16.5 percent but in no case less than $100,000.
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $322 million of the 4% bonds of
1970, $325 million of the 4-1/8% bonds of 1974, and $55 million of
the A-1/A% bonds of 1987-92.
6^
66/
67/
68/
69/
70/
71/
72/
21/
JA/
21/
76/
77/
78/
-
(Continued)
Subscriptions were permitted to be made with payment in cash or in
2-5/8% bonds maturing February 15, 1965 (see Table 7, footnote 26).
Consists of allotments on subscriptions from holders of Treasury
bonds maturing February 15, 1965.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment accounts
and the Federal Reserve Banks, totaled $582 million and, as provided in
the offering circulars, were allotted in full where the subscriber
made the required certification of ownership of bonds maturing
February 15, 1965« Subscriptions subject to allotment totaled $10,054million: those up to and including $100,000 were allotted in full;
all others were allotted 15 percent but in no case less than $100,000,
Includes $4,253 million allotted to Federal Reserve Banks and Government
investment accounts of the 4% notes and $65 million of the 4-1/4% bonds.
Includes $3,051 million allotted to Federal Reserve Banks and Government
investment accounts of the 4% notes and $1,076 million of the 4% bonds.
Subscriptions were permitted to be made with payment in cash or in
3-1/2% notes or 4% notes, both maturing November 15, 1965 (see Table
7, footnote 28).
Consists of allotments on subscriptions from holders of Treasury
notes maturing November 15, 1965.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, totaled $7,169 million and,
as provided in the offering circulars, were allotted in full where
the subscriber made the required certification of ownership of notes
maturing November 15, 1965. Subscriptions subject to allotment totaled
$4,898 million: those up to and including $200,000 were allotted in
full; all others were allotted 4.8 percent but in no case less than
$200,000,
Subscriptions for $50,000 or less were allotted in full. Subscriptions
for more than $50,000 were allotted 14*5 percent but in no case less
than $50,000.
In addition to the amounts allotted to the public, there was allotted
to Federal Reserve Banks and Government investment accounts $1,250
million of the 4-7/8% notes and $1,121 million of the 5% notes.
Includes $6,685 million allotted to Federal Reserve Banks and
Government investment accounts.
Includes $4,431 million allotted to Federal Reserve Banks and Government investment accounts of the 5-l/4% certificates and $1,519 million
of the 5-1/4% notes.
9-month and one-year bills issued monthly beginning September 30, 1966.
Subscriptions were permitted to be made with payment in cash or in
3-3/8% bonds, 4% notes or 4-3/4% certificates maturing November 15,
1966.
79/
80/
81/
32/
P
Consists of allotments on subscriptions from holders of Treasury bonds,
Treasury notes and Treasury certificates of indebtedness maturing
November 15, 1966.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds,
international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts and the Federal Reserve Banks, totaled $943 million for the
5-5/8% notes and $75 million for the 5-3/8% notes as provided in the
offering circulars, were allotted in full where the required certification of ownership of securities maturing November 15, 1966 was
made.
Subscriptions from all other investors were subject to allotment and totaled $4., 918 million for the 5-5/8% notes which were allotted
30 percent, and $13,954 million for the 5-3/8% notes which were allotted
10 percent; subscriptions for $100,000 or less were allotted in full,
and subscriptions for more than $100,000 were allotted not less than
$100,000.
Sale of a "strip" of Treasury bills, consisting of an additional $400
million of three series of outstanding one-year Treasury bills maturing
March 31, April 30, and May 31, 1967.
Issued for cash and in exchange for Treasury bills inaturing November
25, 1966.
Preliminary.
December 1966
45
PUBLIC DEBT OPERATIONS
Table
5.
-
Amount
issued
(In millions
Securities issued
Date Issued
Securities Issued in
Adjustment payments
at issue (per $100
of face value)
1/
By
Treasxiry
6/23/60
p-iAf
[3-7/8*
Note
Bond
3-1/2*
3-1/2*
Bond
Bond
3-1/2*
Bond
5/15/64-D
5/15/68
To
Treasury
$3,893
320
11/15/80
2/15/90 i
10/3/60
-
Advance Refunding Operations
11/15/98
Effective
interest
rate 2/
Investment
yield ji/
Eligible securities exchanged
3.75*
3.88
4.24*
4.U
>2-l/2*
Bond
11/15/61
643
993
3.50
3.50
3.92
3.96
2-1/2*
2-1/2*
Bond
Bond
- 6/15/62-67
- 12/15/63-68
1,095
1,248
3.50
3.50
3.97
3.99
2-1/2*
2-1/2*
Bond
Bond
-
2,438
3.38
3.63
2-1/2*
Bond
1,131
1,296
3.62
3.62
3.75
3.75
3.75
6/15/64-69
12/15/64-69
2,343
3-3/8*
Bond
-
11/15/66
3/15/61
3-5/8*
Bond
-
11/15/67
1^177
$0.30
3.57
2.25
3.50
3.34
3.25
0.25
3.56
3.47
3,604
3-1/2*
Bond
-
11/15/80
i/
1,035
238
1,273
9/15/61
3-1/2*
Bond
-
2/l5/'90
i/
722
576
$1.00
1,298
3-1/2*
Bond
-
11/15/98
i/
495
692
2.00
1.00
3.60
3.55
1,187
4*
Bond
1,154
1,651
8/15/71
2.00
4.00
3.75
2,806
3/1/62
A%
Bond
3-1/2*
Bond
i/
563
.25
3.98
4.20
2-5/8*
Bond
2/15/90 i/
233
345
322
1.25
1.50
1.75
3.43
3.42
3.40
4.21
4.21
4.19
2-1/2*
2-1/2*
2-1/2*
Bond
Bond
Bond
0.25
0.50
3.50
3.49
3.48
4.19
4.19
4.17
2-1/2*
2-1/2*
2-1/2*
Bond
Bond
Bond
0.50
0.10
0.40
0.40
0.40
1.00
3.86
3.77
3.84
3.84
3.85
3.98
3.81
3.80
3.81
3.81
3.81
3.83
0.70
0.30
0.60
0.60
0.60
1.20
4.09
4.04
4.07
4.07
4.08
4.15
4.06
4.05
4.06
4.06
4.06
4.07
2/15/8O
-
900
181
3-1/2*
Bond
-
11/15/98
y
420
333
933
3-3/4*
Note
8/15/67-A
772
1,093
981
953
1,301
181
5,282
9/15/62
370
259
4U2
4*
Bond
8/15/72
U9
720
379
2,579
8/15/63
Treasury Bulletin
46
PUBLIC DEBT OPERATIONS
Table
5.
-
Securities Issued in
Advance Refunding Operations
-
(Continued)
December 1966
47
PUBLIC DEBT OPERATIONS.
Table 5.- Securities Issued in Advance Refunding Operations -(Continued)
Adjustment payments
at issue (per $100
of face value) 1/
Araount
issued
(In millions)
Securities Issued
Date issued
By
Treasury
U%
Bond
10/1/69
$635
287
lol
250
309
942
2^4
4/'
170
To
Treasury
$0.30
0.45
0.45
0.80
0.50
0.10
0.25
0.65
4.06%
4.10
4.10
4.18
4.11
4.03
4.07
4.14
3.96
3.30
579
Effective
interest
rate 2/
3,736
l/ZA/bi,
4-1/8? Bond
344
362
213
232
769
1,303
297
334
11/15/73
103
4.22
4.24
4.24
4.29
4.25
4.20
4.23
4.27
4.16
0.75
0.90
0.90
1.25
0.95
0.55
0.70
1.10
0.15
4,357
0.10
IQ'.
1Q7
U5
h-l/lS Bond
8/15/87-92
118
IRR
148
21
y
I'.l
*^-
0.70
4.24
4.25
4.25
4.28
4.26
4.23
4.24
4.27
4.22
0.30
4.13
4.10
4.21
4.09
4.15
4.12
4.05
3.92
0.05
0.05
0.40
0.10
0.30
0.15
0.25
35
1,198
IS
Bond
674
640
176
588
376
300
903
724
2/15/70
0.60
0.45
0.90
0.40
0.70
0.50
0.05
V.-
4,381
4<:>3
1/19/65
4-1/8% Bond
416
140
334
400
i.l\'>llU
U7
461
739
0.65
0.50
0.95
0.45
0.75
0.55
0.10
3,130
U-l/lS Bond
8/15/87-92
V
0.05
2,254
I
2/15/66
641
282
145
144
665
116
140
122
5%
Note
ll/15/70-A
1,230
657
2,625
324
4,836
8/15/66
5-l/i% Note
5/15/71-A
517p
584p
l,637p
Does not include payments for accrued interest.
rate adjusted
The effective rate of interest on the new issue is the coupon
discount on the
for the amount paid by or to the Treasury as premium or
issued at par.
new security exchanged for eligible securities originally
than par, the
For eligible securities originally issued at prices other
for the
payment by or to the Treasury Is applied to the price adjusted
to the date ot
pro rata amortization of the original premium or discount
the advance funding.
4.21
4.19
4.26
4.19
4.22
4.20
_
Investment
yield 2/
Eligible securities exchanged
Treasury Bulletin
48
PUBLIC DEBT OPERATIONS
Table
6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other than Regular Weekly Treasury Bills i/
(In millions of dollars)
Issue
A9
December 1966
PUBLIC DEBT OPERATIONS.
Table
6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other than Regular Weekly Treasury Bills 1/ - (Continued)
(
Issue
In millions of dollars)
Treasury Bulletin
50
PUBLIC DEBT OPERATIONS
Table
6.
-
Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other than Regular Weekly Treasury Bills i/- (Continued)
(In millions of dollars)
Issue
.
December 1966
51
PUBLIC DEBT OPERATIONS
Footnotes to Table 6
For detail of
Source: Based on subscription Eind allotment reports.
offerings see Table i.
Treasury
notes
issued
1-1/2^
in
exchange
to
Excludes
holders of non1/
marketable 2-3/ /S Treasury bonds, Investment Series B-1975-80.
2/ Includes trust companies and stock savings banks.
Includes partnerships and personal trust accounts.
Exclusive of banks and insurance companies.
Consists of trust, sinking, and investment funds of State and local
governments and their agencies.
6/ Includes savings and loan associations, nonprofit institutions, and
Investments of foreign balances and international accounts in this
country
7/ Issued as a rollover of quarterly one-year bills.
8/ Offerings subject to allotment, were made for the purpose of paying
off maturing securities in cash. Holders of the maturing securities
were not offered preemptive rights to exchange their holdings but
2/
10/
^
^
^
12/
12/
W
IS/
were permitted to present them in payment or exchange, in whole or
in part, for the new issues.
Tax anticipation security.
Offerings consist of an additional $100 million each of a series of
outstanding weekly bills issued in "strip" form. Offerings include
18 series for June lii, 1961; 8 series for November 15, 1961; and 10
series each for November 15, 1962, October 28, 1963, and July 29, 196^.
Reopening of earlier issue.
Sold at competitive bidding with allotment distribution based on sales
reported by syndicate members.
One-year bills issued monthly beginning September 3, 1963, to replace
the existing quarterly cycle.
Issued as a rollover of monthly one-year bills.
Offering consists of an additional $^00 million each of three series
of outstanding monthly bills.
Less than $500,000.
Preliminary.
p
D
Treasury Bulletin
52
\
PUBLIC DEBT OPERATIONS
Table
7.
-
Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills
Called or maturing securities 1/
Date of
refunding
or retirement
Issue
date
Description
Disposition offers
by Treasury
Amount
outstanding
Results of exchange offers
Exchange
security
offered
Caah
retirement
Exchanged
Description of new
securities offered
{See also Table U)
Turned
in for
cash 2/
\
(in millions of dollars
5.067Sf Bill
1/15/61
1/15/61
1/15/60
1,504
2/15/61
2/15/60
6,938
6/15/59-62
12/15/59-62
2/15/63-A
8/15/63
6/1/45
11/15/45
4/15/58
12/15/54
5,262
1,504 2/
I
i-7/8% Certificate
'2-1/4* Bond
2-1/4? Bond
2-5/8* Note
3/15/61 6/
2-1/2* Bond
2/15/61
Total.
6,938
3,U9
3,512
3,512
4/1/61
1-1/2* Note
4/1/61-EA
4/1/56
144
144
-4/15/61
4.608* Bill
4/15/61
4/15/60
2,001
5/15/61-B
5/15/60
3,674
12/1/58
Bond
6/1/61
(Panama Canal loan)
6/1/11
Total
6/1/61
3*
11/15/67
3-3/8* Bond
11/15/66
[2,438 of 3-3/8* Bond
3,604 of 3-5/8* Bond
6,041
3,674
e
4,078
7,753
L22
727
829
2,631
7,753 2/
2.788* Bill
6/22/61
10/21/60
3,504
3,504 8/
7/15/61
3.265* Bill
7/15/61
7/15/60
1,501
1,501 1/
8/1/61-C
8/15/60
7,829
Note
8/1/61-A
8/1/57
7,829
4,560
3,049
2,136
658
991
2,136
681
890
320
2-3/4* Bond
9/15/61
11/9/53
2,239
2,239
1-1/2* Note
10/1/61-EO
10/1/56
332
332
9/15/61
y
12,536
12,536
11,850
5,122 10/
3-1/4* Note
3-3/4* Note
3-7/8* Bond
11/15/62-H
8/15/64-E
5/15/68
198
3-1/4* Note
3-3/4* Note
3-7/8* Bond
11/15/62-H
8/15/64-E
5/15/68
348
3-1/4* Note
3-3/4* Note
3-7/8* Bond
11/15/62-H
8/15/64-E
5/15/68
52
3-1/4* Note
3-3/4* Note
3-7/8* Bond
11/15/62-H
8/15/64-E
5/15/68
6,082 of 3-1/4* Note
5,019 of 3-3/4* Note
749 of 3-7/8* Bond
686
2-1/2* Bond
3/15/65-70
2/1/44
4,688
4,688
1,035
722
495
3-1/2* Bond
3-1/2* Bond
3-1/2* Bond
2-1/2* Bond
3/15/66-71
12/1/44
2,927
2,927
238
576
692
_3-l/2* Bond
Total.
7,615
7,615
9/22/61
2.473* Bill
9/22/61
4/3/61
1,503
1,503 8/
10/16/61
3.131* Bill
10/16/61
10/17/60
1,502
1,502
11/15/61
2-1/2* Bond
11/15/61
2/15/54
6,963
2.679* Bill
1/15/62
1/15/61
1,502
3-5/8* Note
2/15/62-A
5/1/57
647
2/15/62
3,642
2,384
6,963
647
2/15/62-D
2/15/59
1,435
1,435
3-1/4* Note
2/15/62-F
11/15/60
9,098
9,098
4/1/62-EA
4/1/57
551
I
551
f
t
f
Footnotes at end of table.
11,731
11,731
282
303
3-1/4* Note
3-3/4* Bond
3-7/8* Bond
419
62
452
856
1_
5,758
3,200
f
370
I
Total
2/15/90 11/
11/15/9811/
11/15/80 11/
2/15/90 U/
11/15/9811/
2/15/63-E
5/15/6611/
11/15/7411/
1,502 1/
Note
1-1/2* Note
n/
11/15/80
3-1/2* Bond
y
L
4*
11/15/80 11/
2/15/90 11/
11/15/98 11/
'3-1/2* Bond
1,273 of 3-1/2* Bond
1,298 of 3-1/2* Bond
1,187 of 3-1/2* Bond
3,757
517
1/15/62
5/15/62-A
5/15/63-D
(3*
183
Total..'.
Certificate
3-1/4* Note
}'. 523
289
8/1/61
5/15/62-A
5/1 5/63-
(3*
131
4*
Certificate
3-1/4* Note
3,599
50
b/ZZ/b\
3-1/8* Certificate
[3-5/8* Bond
2,001 i/
4,078
50
8/15/62-G
^
7/13/60
5/15/61-B
3-1/4* Note
3,268 if
296
177
(i; 131
2,438
3,000
19,436
3/22/61
3-5/8* Note
Tf
3,000 7/
2.823* Bill
4-3/8* Certificate -
3,670
}'• 000
3,971
6,755
3/22/61
5/15/61
V
140
36
!L
11,316
[3-1/2* Certificate
Note
[4*
2/15/63-A
8/15/66-A
|3-l/2* Certificate
Note
[4*
2/15/63-A
8/15/66-A
[3-1/2* Certificate
Note
14*
2/15/63-A
8/15/66-A
2/15/63-A
(3-1/2* Certificate Note
8/15/66-A
4*
[6,862 of 3-1/2* Certificate
14,454 of 4* Note
1
415
(Continued on following page)
I
...
December 1966
53
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing securities 1/
Disposition offers
by Treasury
Date of
refunding
or retirement
Issue
date
Description
Amount
outstanding
Results of exchange offers
Exchange
Cash
retirement
Exchanged
secxirity
offered
(In millions of dollars)
3%
Bond
2/15/64
2/U/58
3,854
3,854
1,154
2-5/8^ Bond
2/15/65
6/15/58
6,896
6,896
[1,651
563
2-l/2jt Bond
6/15/67-72
6/1/45
1,757
1,757
233
181
2-l/2ie Bond
9/15/67-72
10/20/41
2,716
2,716
345
420
2-l/2it Bond
12/15/67-72
11/15/45
3,515
3,515
322
333
18,739
18,739
5,202
3/1/62 6/
Total
3/23/62
2.484* Bill
3/23/62
7/26/61
3,503
3,503 8/
V15/62
2.827? Bill
4/15/62
4/15/61
2,000
2,000 2/
3%
Certificate
5/15/62
5/15/61
5,509
5,509
4$
Note
5/15/62
4/14/60
2,211
2,211
2-1/4% Bond
6/15/62
6/1/45
3,963
3,963
11,684
11,684
5/15/62
Total
6/22/62
2.705% Bill
6/22/62
9/27/61
2,511
2,511 &/
7/16/62
2.908% Bill
7/15/62
7/15/61
2,004
2,004 2/
Note
8/15/62
9/26/57
158
3-1/4% Note
8/15/62
2/15/61
7,325
7,325
7,483
7,483 12/
4%
8/15/62
Total
3-1/2% Certificate
2/15/63-A
2/15/62
6,862
2-5/8% Note
2/15/63-A
4/15/58
2,839
3-1/4% Note
2/15/63-E
11/15/61
3,642
3-1/4% Certificate
5/15/63-B
5/15/62
6,686
3-1/4% Note
5/15/63-D
5/15/61
5,047
Note
5/15/63-B
4/1/59
1,743
158
15/
9/15/62 6/
4%
6,000
3,000
26,820
Total
9/21/62
2.896% Bill
9/21/62
3/23/62
1,802
10/1/62
1-1/2% Note
10/1/62-EO
10/1/57
590
10/15/62
2.975% Bill
10/15/62
10/16/61
2,003
1,802 8/
590
2,003 3/
1^
Turned
in for
cash 2/
Description of new
securities offered
(See also Table 4)
Treasury Bulletin
54
PUBLIC DEBT OPERATIONS
Table 7. - Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Issue
date
Description
Amount
out-
standing
Cash
retirement
(
11/15/62
11/29/57
1,143
1,143
3-1/4? Note
11/15/62-H
8/l/6i
6,082
6,082
2-1/4? Bond
12/15/59-62
11/15/45
2,269
2,269
2-3/4? Bond
12/15/60-65
12/15/38
1,485
1,485
10,979
10,979
3.366? Bill
1/15/63
1/15/62
2,001
3-1/2? Cert.
2/15/63-A
2/15/62
5,719
5,719
2,001 1/
2-5/8? Note
2/15/63-A
4/15/58
1,487
1,487
3-1/4? Note
2/15/63-E
11/15/61
2,259
2,259
9,465
9,465
2/15/63
Total
3-1/2? Cert.
-
8/15/63-C
8/15/62
6,851
6,851
2-1/2? Bond
-
8/15/63
12/15/54
4,317
4,317
3-1/8? Cert.
-
11/15/63-D
11/15/62
4,856
4,856
Bond
2/15/64
2/14/58
2,700
2,700
3-1/2? Note
11/15/65-B
11/15/62
3,286
3,286
3-5/8? Note
2/15/66-B
5/15/62
3,114
3,114
Bond
8/15/66
2/28/58
1,484
1,484
3-3/8? Bond
11/15/66
3/15/61
2,438
2,438
29,045
29,045
3?
3/15/63 6/
3?
Total.
3/2^63
2.616? Bill
3/22/63
10/3/62
3,005
4/1/63
1-1/2? Note
4/1/63-EA
4/1/58
533
4/15/63
2.943? Bill
4/15/63
4/15/62
2,001
5/15/63-B
5/15/62
5,284
5,284
Note
5/15/63-B
4/1/59
1,183
1,183
3-1/4? Note
5/15/63-D
5/15/61
3,027
3,027
6/24/63
2.929? Bill
2.855? Bill
6/24/63
6/24/63
2/6/63
2/6/63
1,001
1,502
1,001 8/
1,502 8/
7/15/63
3.257? Bill
7/15/63
7/15/62
2,004
2,004 2/
8/15/63
8/15/62
5,181
5,181
8/15/63
3-1/2? Cert.
2-1/2? Bond
8/15/63
12/15/54
1,461
1,461
6,641
6,641
"3-1/4? Cert.
4?
3,005 1/
533
2,qoi 2/
5/15/63
Total
.
Total
Exchanged
In millions of dollars)
11/15/62-C
Total
1/15/63
Exchange
security
offered
3-3/4? Note
W
Results of exchange offers
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retirement
9,495
9,495
f
121
Turned
in for
cash 2/
Description of new
securities offered
(See also Table 4)
,
.
December 1966
55
PUBLIC DEBT OPERATIONS
Table 7. - Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Called or maturing securities 1/
Disposition offers
by Treasury
Date of
refunding
or retirement
Issue
date
Description
Results of exchange offers
Amount
outstanding
Exchange
security
offered
Cash
retirement
Exchanged
(In millions of dollars)
3-l/4it Certificate
5/15/64-B
5/15/63
5,693
5,693
A-3/A% Note
5/15/64-A
7/20/59
4,933
4,933
3-3/4? Note
5/15/64-D
6/23/60
3,893
3,893
3-3/U% Bond
5/15/66
11/15/60
3,597
3,597
Note
8/15/66-A
2/15/62
4,454
4,454
3-5/8% Note
2/15/67-B
3/15/63
4,287
4,287
620
500
375
194
214
125
777
782
317
.
?
621
{ lU
9/15/63 6/
ij,
{
721
f
1
3-3/4% Note
8/15/67-A
9/15/62
5,282
{
32,139
10/1/63
1-1/2% Note
10/1/63-EO
10/1/58
506
10/15/63
2.969% Bill
10/15/63
10/15/62
2,500
3-1/8% Certificate
11/15/63-D
11/15/62
4,554
4,554
4-7/8% Note
11/15/63-C
11/15/59
3,011
3,011
7,565
7,565
506
2,500 12/
r
I
11/15/63
I
Total
1/15/64
3.015% Bill
11/15/64
1/15/63
2,496
3-3/4% Note
8/15/64-E
8/1/61
5,019
Note
.8/15/64-B
10/15/59
2,316
3-3/4% Note
11/15/64-F
8/15/63
6,398
4-7/8% Note
11/15/64-C
2/15/60
4,195
2-5/8% Bond
2/15/65
6/15/58
4,682
4-5/8% Note
5/15/65-A
5/15/60
2,113
5%
1/2)^64 6/
24,723
Total.
3-1/4% Certificate
Z/15M
3%
Bond
2/15/64-A
2/15/63
6,741
2/15/64
2/14/58
1,634
8,376
Total
^^
5,282
32,139
Total.
2,001
3/23/64
3.537% Bill
3/23/64
10/15/63
4/1/64
1-1/2% Note
4/1/64-EA
4/1/59
457
4/15/64
3.062% Bill
4/15/64
4/15/63
2,501
2,496 2a/
W
340
105
716
132
6,746
Turned
in for
cash 2/
Description of new
securities offered
{See also Table i)
Treasury Bulletin
56
PUBLIC DEBT OPERATIONS
Table 7. - Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
C
.
December 1966
57
PUBLIC DEBT OPERATIONS
Table
7.
-
Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills
Disposition offers
by Treasury
Called or maturing securities 1/
Date of
refunding
or retirement
Amount
outstanding
r2-5/8% Bond
2/15/65
6/15/58
3,976
3-1/2% Note
11/15/65-B
11/15/62
2,954
Note
11/15/65-E
5/15/64
3,560
3-5/8% Note
2/15/66-B
5/15/62
3-7/8% Note
2/1 5/66-
4%
1/15/65 6/
Issue
date
Description
3-3/4% Bond
5/15/66
3-3/4% Note
8/15/67-A
3-5/8% Bond
11/15/67
Total
1/31/65
3.680% Bill
1/31/65
2/15/65
2-5/8% Bond
2/15/65
2/28/65
3.765% Bill
2/28/65
3/22/65
(3.580% Bill
13.518% Bill
3/22/65
3/22/65
3/31/65
3.719% Bill
3/31/65
4/1/65
1-1/2% Note
4/1/65-EA
4/30/65
5/15/65
3.705% Bill
4/30/65
4-5/8% Note
5/15/65-*
3-7/8% Note
5/15/6
11/15/63
Total
5/31/65
3.719% Bill
5/31/65
6/2/64
6/22/65
[3.639% Bill
(3.711% Bill
6/21^65
6/22/65
11/24/64
11/24/64
6/30/65
3.691% Bill
6/30/65
7/7/64
7/31/65
3.644% Bill
7/31/65
8/4/64
8/13/65
3-7/8% Note
8/13/65-D
2/15/64
8/31/65
3.688% Bill
8/31/65
8/31/64
9/30/65
3.773% Bill
9/30/65
9/30/64
10/1/65
1-1/2% Note
10/1/65-EO
10/1/60
10/31/65
3.790% Bill
10/31/65
10/31/64
11/15/65
3-1/2% Note
Note
4%
11/15/65-B
11/15/65-E
11/15/62
5/15/64
Total.
11/30/65
4.068% Bill
11/30/65
11/30/64
12/31/65
3.972% Bill
12/31/65
12/31/64
1/31/66
3.945% Bill
1/31/66
1/31/65
__
Footnotes at end of table.
Cash
retirement
Exchange
security
offered
-
(Continued)
Results of exchange offers
Exchanged
Turned
in for
cash 2/
.
Treasury Bulletin
58
PUBLIC DEBT OPERATIONS
7. - Disposition of Matured Public Marketable Securities
Other than Regular Weekly Treasury Bills - (Continued)
Table
Disposition offers
Called or maturing securities 1/
Date of
refunding
or retirement
Issue
date
Description
by Treasury
Amount
outstanding
2/15/66-B
5/15/62
2,195
3-7/8? Note
2/15/66-C
8/15/64
2,597
l-l/2i6 Note
4/1/66-EA
4/1/61
675
Total
5,467
2/15/66
b/.
Note
5/15/66-D
11/15/64
3-3/ii{ Bond
5/15/66
11/15/60
1,688
A%
Note
8/15/66-A
2/15/62
11,060
3?
Bond
8/15/66
2/28/58
9,519
1,024
Total
23,291
Grand total.
28,758
2/28/66
4.062? Bill
2/28/66
2/28/65
1,001
3/22/66
3.783? Bill
3/22/66
10/11/65
3,009
3/31/66
3.987? Bill
3/31/66
3/31/65
1,000
Vl/66
1-1/2? Note
4/1/66- EA
Vl/61
151
V30/66
3.996? Bill
4/31/66
4/30/65
1,001
Note
5/15/66-D
11/15/64
8,289
3-3/4? Bond
5/15/66
11/15/60
'i?
5/15/66
Total
1,028
9,316
5/31/66
3.954? Bill
5/31/66
5/31/65
1,001
b/ZZ/bb
3.941? Bill
4.075? Bill
4.281? Bill
6/22/66
6/22/66
6/22/66
10/11/65
10/11/65
10/11/65
1,003
2,513
1,007
6/30/66
3.807? Bill
6/30/66
6/30/65
1,001
7/31/66
3.875? Bill
7/31/66
7/31/65
1,000
4?
Note
8/15/66-A
2/15/62
8,436
3?
Bond
8/15/66
2/28/58
700
9,136
Total
8/15/66
11/15/66-A
1/19/66
1,652
Note
11/15/66-E
2/15/65
2,254
^13-3/8? Bond
11/15/66
3/15/61
1,851
[4-3/4? Cert.
I4?
5,757
iTotal
14,893
Grand total ..
8/31/66
4.006? Bill
8/31/66
8/31/65
1,000
9/30/66
4.236? Bill
9/30/66
9/30/65
1,000
10/1/66
1-1/2? Note
10/1/66- EO
10/1/61
357
10/31/66
4.192? Bill
10/31/66
10/31/65
1,000
3-3/8? Bond
11/15/66
3/15/61
1,264
Note
11/15/66-E
2/15/65
1,672
11/15/66-A
1/19/66
1,135
4?
11/15/66
4-3/4? Cert.
Total
11/30/66
4.277? Bill
4,071
11/30/66
Exchange
security
offered
Exchanged
(In millions of dollars)
"
4S7
3-5/8^ Note
i.%
Cash
retirement
Results of exchange offers
11/30/65
1,001
-
Turned
in for
cash 2/
Description of new
securities offered
(See also Table 4)
.
.
•
,
December 1966
59
PUBLIC DEBT OPERATIONS
Footnotes to Table 7
Source: Daily Treasury statement; Bureau of the Public Debt.
1/ Original call and raatxjrity dates are used.
All by investors other than Federal Reserve banks
Rolled over into a one-year bill (see Table L.) •
Holders of the maturing certificates were not offered preemptive
rights to exchange their holdings, but were permitted to present
them in payment or exchange, in whole or in part, for the J-l/lS
notes offered in the amount of around $6.9 billion.
For detail of
offering, see Table UExcess of maturing 4-7/8^ certificates over allotments of new
seciirities on subscriptions from holders of those certificates (see
Table 4, footnotes 6 and 7).
Pursuant to the provisions of section
6/ Advance refunding offering.
1037 (a) of the Internal Revenue Code of 195i as added by Public Law
86-3i6, apprxjved September 22, 1959, the Secretary of the Treasury
has declared that no gain or loss shall be recognized for Federal
income tax purposes upon the exchange of the eligible outstanding
securities solely for the new securities. For tax purposes, therefore, the investor will carry the new securities on his books at the
same amount as he had been carrying the eligible securities exchanged.
Gain or loss, if any, upon the securities surrendered in exchange
will be taken into account upon the disposition or redemption of the
new securities. See also Table 5.
2/ From March 20 through March 22, 1961, owners of 2-\/IS bonds of June
15, 1959-62, 2-1/a? bonds of December 15, 1959-62, 2-5/8% notes
maturing February 15, 1963, and 2-1/2% bonds maturing August 15, 1963,
were granted the option of exchanging their holdings. The first
three were exchangeable for a new 3-5/8% bond due November 15, 1967,
and the last for a new 3-3/8% bond due November 15, 1966. Exchanges
were subject to allotment if subscriptions exceeded $5 billion for
the bonds of 1967 or J3 billion for the bonds of 1966.
8/ Tax anticipation issue; for detail of offerings beginning 1961, see
Table U'-, for amounts redeemed for taxes and for cash see "Note" below.
2/ Holders of the maturing certificates and notes were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
$5,250 million offering of 3% certificates or the $2,500 million
offering of J-l/lS notes. For detail of offering, see Table i.
10/ Excess of maturing i-3/8% certificates and 3-5/8% notes over
allotments of new securities on subscriptions from holders of those
certificates and notes (see Table i, footnotes 12 and 13).
11/ Reopening of an earlier issue.
12/ $1,569 million was redeemed for cash and $168 million was exchanged
for the tax anticipation bills dated March 23, 1962 (see Table U)
12/ Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in
payment or exchange, in whole or in part, for the $6,500 million
offering of 3-1/2% certificates, the $1,500 million offering of
4% bonds, or the |750 million offering of 4-lA,% bonds. For detail
of offering, see Table 4.
14/ Excess of maturing 4% notes and 3-1/4% notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 27 and 28)
From
September 10 through September 12, 1962, owners of securities
15/
maturing February 15, 1963 (3-1/2% certificates, 2-5/8% notes,
3-1/4% notes), and May 15, 1963 (3-1/4% certificates, 3-1/4% notes,
4% notes) were granted the option of exchanging their holdings,
subject to allotment if subscriptions exceeded the offering limits
of $6 billion for the notes and $3 billion for the bonds.
16/ Called on August 14, 1962, for redemption on December 15, 1962.
17/ Holders of the maturing one-year bills were offered the option to
exchange the bills for the tax anticipation bills dated October 15,
1963 (see Table 4, footnote 45).
18/ Holders of the maturing certificates and notes were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
$7,600 million offering of 3-7/8% notes. For detail of offering, see
and May 15, 1965 (4-5/8% notes) were granted the option of exchanging
their holdings subject to allotment if subscriptions exceeded
the offering limits of $4 billion for the 4% bonds and $750 million for the
4-1/4% bonds. Subscriptions to the 4-1/4% bonds exceeded the limitation.
For allotment details see Table 4, footnote 52.
Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in
payment or exchange, in whole or In part, for the 3-7/8% notes
offered in the amount of about $4.0 billion. For detail of offering,
see Table 4.
Excess of maturing 5% notes and 3-3/4% notes over allotments of new
securities on subscriptions from holders of those notes (see Table
4,
footnotes 59 and 60)
Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 4% notes offered in the
amount of about $9 I/4 billion. For detail of offering, see Table 4.
Excess of maturing 4-7/8% notes and 3-1/4% notes over allotments of
new securities on subscriptions from holders of those notes (see Table
4, footnotes 62 and 63).
Holders of the maturing bonds were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the 4% notes offered in
the amount of about $2,170 million. For detail of offering, see
Table 4.
Excess of maturing 2-5/8% bonds over allotments of the new security
on subscription from holders of those bonds (see Table 4, footnotes
66 and 67).
Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in payment or exchange, in whole or in part, for the $9,700 million offering of l-l/l% notes. For detail of offering, see Table 4.
Excess of maturing 3-1/2% notes and 4% notes over allotments of new
securities on subscriptions from holders of those notes (see Table 4,
footnotes 71 and 72).
Rolled over into 9-month and one-year bills under new program
beginning September 30, 1966 (see Table 4).
Holders of the maturing bonds, notes and certificates were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
5-5/8% notes offered in the amount of about $2,500 million or the
5-3/8% notes offered In the amount of about $1,600 million. For detail
of offering, see Table 4.
Excess of maturing 3-3/8% bonds, 4% notes and 4-3/4% certificates over
allotments of new securities on subscription from holders of those
bonds, notes and certificates (see Table 4, footnotes 78 and 79).
22/
y
12/
20/
21/
Table 4.
Excess of maturing 3-1/8% certificates and 4-7/8% notes over allotments of new securities on subscriptions from holders of those
certificates and notes (see Table 4, footnotes 47 and 48).
Tax anticipation bills issued to replace the maturing one-year bills
(see Table 4, footnote 50).
From January 13 through January 17, 1964, owners of securities
maturing August 15, 1964 (3-3/4% notes and 5% notes), November 15,
1964 (3-3/4% notes and 4-7/8% notes), February 15, 1965 (2-5/8% bonds).
22/
24/
2y
26/
27/
28/
29/
30/
31/
32/
Preliminary.
p
Note:
r
Revised.
Information on retirement of tax anticipation issues referred to
in footnote 8, in millions of dollars:
Date of
retirement
60
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 8. Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
-
(Payable In U. S. Dollars)
December 1966
61
PUBLIC DEBT OPERATIONS
Table 8. - Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
62
Treasury Bulletin
\
December 1966
63
PUBLIC DEBT OPERATIONS.
Table
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
8.
-
(Payable in U. S. Dollars)
Month of
Treasury Bulletin
64
PUBLIC DEBT OPERATIONS
Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
Table
8.
-
December 1966
65
PUBLIC DEBT OPERATIONS
Table 8.- Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable In U. S. Dollars)
Month of
66
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table
9.
-
Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
Month of
December 1966
67
PUBLIC DEBT OPERATIONS
Table 9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
Month of
Treasury Bulletin
68
PUBLIC DEBT OPERATIONS
.
Table 9. - Foreign Currency Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
December 1966
69
.UNITED STATES SAVINGS BONDS,
Series E and H are the only savings bonds currently
being sold.
Series E has been on sale since May
30,
1952. Series J and K were sold from May 1, 1952 through
19'+1,
April 30, 1957. Details of the principal changes In Issues.
Series
Interest yields, maturities, and other terms appear In the
A-D were sold from March 1, 1935, through April 30, igltl.
Series F and G were sold from May 1, 19'H. through April
Treasury Bulletins of April 1951, May 1952, May 1957, October and December 1959. and May and October 1961.
and Series H has been on sale since June 1, 1952.
Table
1.
-
1,
Sales and Redemptions by Series, Cumulative through
(in millions of dollars;
November
30, 1966
.,
,
Treasury Bulletin
70
.UNTIED STATES SAVINGS BONDS.
Table
3.
-
Sales and
Redemptions by Periods,
Series
E through K
(In millions of dollars)
Sales 1/
Period
Accrued
discount
Sales plus
accrued
discount
Sales
price 2/
Series E and H combined
Fiscal years:
1941-1956
1957
1958
1959
I960
1961
1962
1963
84,463
4,613
4,670
4,506
4,307
4,464
4,421
4,518
4,656
4,543
4,650
196-V
1965
1966
Calendar years:
1941-1956
1957
1958
1959
1960
1961
86,763
4,507
4,689
4,320
4,350
4,539
4,278
4,760
4,609
4,486
1962
1963
1964
1965
Months
:
1965-November.
December.
338
329
1966- January
473
345
457
426
413
397
.
.
February
March.. ...
April
May
June
.
,
July
August. .
September.
October. .
November.
.
411
387
403
408
367
10,298
Amount outstanding
Redemptions 1/
Accrued
discount^/
Interest-bearing
debt
........
December 1966
71
UNITED STATES SAVINGS BONDS.
Table
3.
-
Sales and
Redemptions by Periods, Series E through
(
K
-
(Continued)
In millions of dollars)
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 3/
Accrued
discount 2/
Series E
Fiscal years:
19il-195D
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
81,238
3,919
3,889
3,688
3,603
3,689
3,674
3,914
4,136
4,112
4,246
10,298
1,133
1,161
1,174
1,194
1,254
1,331
1,386
1,458
1,502
1,542
91,536
83,176
3,875
3,802
3,598
3,632
3,711
3,624
4,185
4,132
4,092
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
1,491
1,514
94,038
5,018
4,979
4,767
4,856
310
305
433
317
407
53,638
4,981
4,951
4,889
5,131
4,394
4,343
4,203
4,363
4,538
4,801
49,844
4,248
4,196
4,092
4,295
3,673
3,613
3,461
3,609
3,705
3,904
5,589
5,623
5,606
55,951
5,220
4,658
5,225
4,729
4,249
4,349
4,229
4,425
4,650
51,829
4,437
3,931
4,342
3,935
3,546
3,595
3,495
3,646
3,787
116
139
426
443
335
357
291
150
125
127
!19
117
568
372
440
424
387
5,052
5,049
4,862
4,797
4,943
5,005
5,300
5,594
5,514
5,787
Calendar years:
Wa-l956
1957
195S
1959
1960
1961
1962
1963
1964
1965
Months
1965-November.
December.
5,003
4,996
:
1966- January.
February.
March. . .
April.
May
June
.
.
July
Au^st.
.
September
October.
November
Fiscal years:
1952-1956
1957
1953
1959
1960
1961
1962
1963
1964
1965
1%6
Calendar years :
1952-1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
Months:
1965-Wov ember
December
1966-January.
February.
March.
April ....
May
Juue
.
.
July
August. .
September,
October.
November.
364
145
582
441
534
506
493
509
372
355
372
37-
153
127
525
482
133
119
118
504
495
463
387
375
345
405
405
394
438
385
334
275
U6
301
357
345
317
331
331
324
361
312
275
3,794
Exchanges of
E bonds for
H bonds
..
...
Treasury Bulletin
72
.UNITED STATES SAVINGS BOHDS.
Table
4.
-
Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Matured
Period
total 1/
Series E
and H
Other
Fiscal years:
'6,137
1951.
1952
1953
1954
1955
1956
1957
1958
1959
1960
5,109
5,621
1961
1962
1963
1964
1965
1966
Calendar years:
1951°...
1952
1953
1954
1955
1956
1957
1958
1959
1960
,
,
817
792
4,126
2,673
2,593
2,250
2,057
2,184
2,253
38
702
1,128
1,487
1,826
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,754
1,938
1,973
772
1,015
2,318
3,171
4,230
254
968
1,328
1,500
2,047
4,246
4,156
3,393
2,084
1,761
6,515
7,251
7,846
8,958
2,747
8,5U
3,730
7,249
8,557
5,819
5,716
5,273
5,164
5,346
5,724
3,621
5,651
5,074
6,149
6,985
7,301
1961
1962
8,264
9,630
7,255
8,772
6,732
5,595
5,602
1963
1964
1965
5,021
5,252
5,441
3,941
4,263
4,115
4,701
3,033
2,555
2,387
2,043
2,171
2,148
1,891
1,691
2,433
1,944
1,633
1,656
1,617
1,889
1,932
Months:
158
1965-November
December.
396
420
174
145
1966-January.
653
460
195
172
161
130
543
294
226
260
194
199
190
160
153
499
477
176
197
569
199
266
135
145
151
165
235
107
Febr\xary.
March.
.
.
April ....
^fay
June
July
August
September
October
.
,
.
November.
513
472
491
466
408
131
779
Total
Series E
and H
Unclassified
10/
.
.
December 1966
73
OWNERSHIP OF FEDERAL SECDRITIES.
Table
Total
Federal
securities outstanding
End of
fiscal year
or month
1/
1. -
Distribution of Federal Securities by Classes of Investors and Types of Issues
Un millions of dollars)
Interest-bearing securities Issued by the U.S. Government
Held by U.S. Government
Held by private
investment accounts 2/
investors 2/
Held by
Federal
Total
Public
Reserve
Public
outnonbanks marketstanding
Public
Special
marketTotal
public
Total
able
issues
issues
able
issues
issues
issues
284,817
286,471
289,211
298,645
306,466
312,526
317,864
320,369
268,486
274,698
281,833
283,241
285,672
294,442
301,954
307,357
313,113
315,431
55,501
55,842
54,554
55,259
56,002
56,296
58,206
60,964
63j236
66,618
8,674
9,596
9,799
10,360
10,959
11,357
13,405
14,337
14,586
15,497
46,827
46,246
44,756
1965- November.
December.
322,176
321,359
317,357
316,515
62,702
61,767
1966- January
February
March.
April. .
May
June
322,419
323,746
321,454
320,051
322,825
320,369
317,599
318,921
316,582
315,219
317,927
315,431
319,768
324,904
325,250
327,387
329,906
314,880
319,697
320,014
322,301
324,358
1957
1958
1959
I960
1961
1962
1963
1964
1965
1966
270,634.
276,
UA
.
.
.
.
July
August
September
October.
November.
.
44,801
46,627
48,650
51,120
23,035
25,438
26,044
26,523
27,253
29,663
32,027
34,794
39,100
42,169
15,650
15,512
47,052
46,255
40,575
40,768
59,885
61,606
61,597
60,390
64,387
66,618
15,529
15,824
15,638
15,469
15,582
15,497
a, 356
45,781
45,959
44,921
48,805
51,120
40,565
40,189
40,734
40,713
41,480
42,169
66,281
69,195
69,085
67,945
68,842
15,585
15,960
16,016
16,058
16,292
50,696
53,235
53,068
51,888
52,550
42,380
42,518
42,907
42,975
43,912
U,899
45,043
U,939
Daily Treasury statement for total amounts outstanding; reports
from agencies and trust funds for securities held by U.S. Government
investment accounts; and reports from Federal Reserve Siystem for
securities held by Federal Reserve banks.
Includes certain debt not subject to statutory limitation. For amounts
subject to limitation, see page 1.
Tncludes accounts under the control of certain U.S. Government agencies
189,949
193,418
201,235
201,459
202,417
208,483
211,721
211,598
210,776
1/
Held by
Total
outstanding
U.S.
Government
investment
accounts
206,645.
149,546
151,392
157,418
160,361
159,575
157,220
153,566
214,080
213,979
160,500
160,430
53,579
53,549
462
453
217,149
217,126
214,115
212,060
206,645
163,667
163,782
160,883
160,926
158,807
153,566
53,482
53,344
53,368
53,189
53,253
53,079
413
433
454
467
464
460
96
98
97
96
94
94
206,218
207,983
208,023
211,380
212,104
153,247
155,028
154,949
158,381
159,135
52,971
52,956
53,074
52,999
52,968
488
483
501
497
494
92
90
2U,251
2/
4/
127,179
134,593
1U,983
106
101
110
139
240
4U
605
812
589
460
no
interest
94
153
277
440
653
450
367
2,042
1,646
2,873
3,090
3,300
3,759
3,907
4,357
4,163
4,477
100
100
362
354
4,357
4,391
50
54
63
79
87
167
165
159
139
90
89
85
46
47
60
317"'
335
357
371
370
367
4,407
4,392
4,418
4,366
4,433
4,477
396
393
411
409
409
4,401
4,724
4,735
4,588
4,554
whose investments are handled outside the Treasury.
The total amount of interest-bearing securities held by private investors is calculated by deducting from the total amount outstanding the
amount held by U.S. Government investment accounts and Federal
Reserve banks.
Consists of guaranteed securities held outside the Treasury. All are
public marketable issues.
Table 2. - Net Market Purchases or Sales of Federal Securities for
Investment Accounts and Other Accounts Handled by the Treasury j/
(In millions of dollars; negative figures are net sales)
Year
Held by
private
investors
2/
Matured
debt
and
debt
bearing
2/
62,770
58,825
56,252
51,913
51,025
51,065
51,360
52,023
53,556
53,079
Source:
2/
Interest-bearing securities guaranteed by the U.S. Government 4/
...
.
.
Treasury Bulletin
74
OWNEEISHIP OF FEDERAL SECURITIES.
Table
3.
-
Estimated Ownership of Federal Securities
(Par values 1/ in billions of dollarsj
Held by banks
Total
Federal
securities
outstanding 2/
End of
month
1939-Dec
Held by private nonbank investors
U.
Commercial
banks
Federal
Reserve
Banks
2/
S.
Government Investment
accounts
Individuals 4/
Savings bonds
Total
Total
Series
E and H
Other
series
^
Other
securities
Mutual
Insurance savcompanies ings
banks
State
and
Corporalocal
tions 6/
governments
Foreign
and international
8/
2/
47.6
15.9
2.5
6.5
1.9
8.2
6.3
3.1
2.2
.4
1946-Feb. 2/..
Dec
279.8
259.5
93.8
74.5
22.9
23.3
28.0
30.9
135.1
130.7
64.1
64.2
30.8
30.3
12.5
13.9
20.8
20.1
24.4
24.9
11.1
11.8
19.9
15.3
6.7
6.3
2.4
2.1
19 50- June.
257.4
256.7
65.6
61.8
18.3
20.8
37.8
39.2
135.6
134.9
67.4
66.3
34.5
34.5
15.4
15.1
17.6
16.7
19.8
18.7
11.6
10.9
18.4
19.7
8.7
8.8
4.3
255.3
259.5
58.4
61.6
23.0
23.8
41.0
42.3
132.9
131.8
65.4
64.6
34.5
34.7
14.6
14.4
16.3
15.5
17.1
16.5
10.2
9.8
20.1
20.7
9.4
9.6
4.2
4.3
259.2
267.4
61.1
63.4
22.9
24.7
130.8
133.4
64.8
65.2
34.9
35.3
14.1
15.7
16.0
15.7
16.0
9.6
9.5
18.8
19.9
10.4
11.1
4.7
13.8
266.1
275.2
58.8
63.7
24.7
25.9
135.0
137.3
66.1
64.8
36.0
36.7
13.2
12.7
16.8
15.4
16.0
15.9
9.5
9.2
18.6
21.5
12.0
12.7
5.7
5.9
271.3
278.8
63.6
69.2
25.0
24.9
49.3
49.6
133.3
135.1
64.8
63.5
37.5
38.2
12.1
11.7
15.2
13.6
15.4
15.3
9.1
16.5
19.1
13.9
14.4
6.0
6.3
274.4
280.8
63.5
62.0
23.6
24.8
50.5
51.7
136.7
142.3
65.2
65.0
39.3
40.1
10.9
10.2
15.0
14.8
15.0
14.6
8.7
8.5
18.6
23.2
14.7
15.4
6.8
7.5
272.8
276.7
57.3
59.5
23.8
24.9
53.5
54.0
138.3
138.2
66.6
65.9
40.9
41.4
9.4
8.7
16.3
15.8
13.6
13.2
8.4
8.0
17.3
18.7
16.1
16.3
7.8
270.6
275.0
56.2
59.5
23.0
24.2
55.6
55.2
135.9
136.1
66.3
64.9
41.5
41.6
7.6
6.6
17.2
16.7
12.7
12.5
7.9
7.6
16.1
17.7
16.8
16.6
7.6
7.6
276.4
283.0
65.3
67.5
25.4
26.3
55.9
54.4
129.9
134.3
64.4
63.7
42.1
42.5
5.9
5.2
16.4
16.0
12.2
12.7
7.4
7.3
H.l
18.1
16.3
16.5
6.5
7.7
284.8
290.9
61.5
60.3
26.0
26.6
54.6
53.7
142.6
150.3
66.3
69.4
42.6
42.4
4.5
3.5
19.3
23.5
12.6
12.5
7.3
6.9
19.8
21.4
16.9
18.0
10.1
12.0
286.5
290.4
55.3
62.1
26.5
27.4
55.3
149.3
145.8
69.7
55.1
42.5
42.9
3.1
2.7
24.1
20.5
12.0
11.9
6.6
6.3
19.5
18.7
18.8
18.7
12.3
13.0
289.2
296.5
62.5
67.2
27.3
28.9
56.1
54.5
143.3
145.9
64.6
65.9
43.6
2.5
2.2
18.6
19.5
11.4
11.4
6.3
6.1
18.5
18.5
19.3
19.0
12.7
13.4
298.6
304.0
65.2
67.2
29.7
30.8
56.5
55.6
147.3
150.4
65.7
66.0
44.6
45.1
2.0
19.0
19.2
11.4
11.5
6.3
6.1
18.2
18.6
20.1
20.1
14.1
15.3
306.5
305.5
307.2
307.3
307.1
308.9
310.1
64.4
63.3
61.7
32.0
32.5
32.4
32.6
32.8
33.7
33.6
58.4
57.1
58.9
58.3
57.2
57.7
58.0
151.7
152.7
154.2
153.4
154.0
154.7
154.3
66.1
66.9
67.2
67.5
67.7
68.0
68.2
46.0
46.1
1.5
1.5
1.5
1.4
1.4
1.4
1.4
18.6
19.3
19.5
19.7
6.1
6.1
6.1
6.0
5.8
5.8
5.8
18.7
18.8
19.5
18.0
18.7
19.8
18.7
21.5
21.4
21.6
21.2
20.9
20.6
21.1
15^71"
19.9
20.1
20.1
11.0
11.1
11.1
11.2
11.2
11.3
11.3
309.3
311.1
310.4
308.4
312.3
312.5
312.0
62.9
62.2
61.6
61.1
56.5
57.5
57.6
56.1
59.4
61.1
59.9
3U.9
60 1
61 9
62 2
32.8
33.2
33.8
33.2
34.2
34.8
35.1
35.2
35.4
35.7
36.8
37.0
157.2
158.3
157.4
158.0
158.7
156.4
157.7
157.9
157.5
158.0
157.8
157.1
68.7
69.0
69.5
68.7
69.1
69.2
69.5
69.0
69.6
69.8
69.7
"0.0
1.3
1.3
1.3
1.2
1.2
1.2
1.2
1.1
1.1
1.1
1.1
1.0
20.6
20.8
21.2
20.3
20.7
20.7
20.9
20.4
20.9
21.0
20.8
21.1
11.3
11.3
11.2
11.0
11.0
10.9
10.9
11.0
11.2
11.2
11.2
11.1
5.9
6.0
6.1
6.0
6.0
6.0
6.0
6.0
6.0
5.8
5.7
5.7
20.0
21.0
19.8
20.2
20.8
18.5
19.0
19.0
17.7
18.7
18.5
17.9
21.2
21.4
21.7
22.6
22.6
22.5
22.2
22.6
15.9
15.9
15.6
15.3
15.4
15.6
15.8
16.0
16.3
16.3
16.6
16.7
160.0
161.6
159.8
160.6
160.1
157.1
158.3
158.4
156.4
157.8
158.8
157.8
70.6
71.0
71.5
71.2
71.2
71.1
71.8
71.8
72.2
72.2
72.3
72.3
1.0
1.0
1.0
1.0
21.5
21.8
22.3
22.0
22.0
21.8
22.5
22.4
22.8
22.8
22.7
22.7
11.3
5.8
5.9
6.0
5.8
5.8
5.8
5.7
5.7
5.7
18.6
19.0
17.2
17.0
17.6
15.1
15.9
16.1
5.5
5.4
5.4
15.6
16.7
15.5
22.2
23.0
23.2
24.3
24.4
24.1
24.0
23.6
23.0
23.0
22.7
22.8
16.5
16.6
16.0
16.0
15.8
15.7
15.7
15.9
16.3
16.3
16.5
16.7
16.5
17.4
15.7
15.7
16.5
23.5
24.3
24.0
16.4
7
5.5
5.5
5.5
5.3
5.2
5.1
9.7
9.7
9.7
9.6
5.0
5.0
5.0
4.8
,
Dec.
1951-June.
Dec.
1952-June.
Dec.
1953-June.
Dec.
1954-June.
Dec.
1955-June.
Dec.
19 56- June.
Dec.
19 57-June.
Dec.
19 58-June.
Dec.
19 59- June.
Dec.
1960- June.
Dec.
1961- June.
Dec.
1962-June.
Dec.
1963-June.
July.
Aug..
Sept.
Oct..
Nov..
Dec.
1964-Jan.
Feb..
Mar..
Apr..
May..
June.
July.
Aug..
Sept.
Oct..
Nov..
Dec.
1965-Jan..
Feb..
Mar..
Apr.
May..
June.
Juiy.
Aug..
Sept.
Oct..
Nov.
Dec.
1966^811..
Feb..
Mar..
Apr.
May..
June
July ....
Aug
Sept., ..
Oct. p...
316.5
316.5
319.3
318.7
63.0
63.2
62.8
64.3
60
60 2
59 3
63.6
64.0
61.8
61.8
60.5
61.2
60.6
66.1
U.2
46.2
46.3
46.4
46.6
46.7
46.8
46.9
47.0
47.1
47.2
47.3
47.4
47.5
47.6
47.7
47.8
47.9
48.0
48.1
48.2
48.2
48.3
48.3
48.4
48.5
318.6
320.6
318.4
317.2
319.8
317.9
317.1
318.7
317.3
319.4
322.2
321.4
62.9
61.7
60.4
59.7
58.4
58.3
57.3
56.5
57.5
59.7
60.0
60.9
36.7
36.9
37.6
37.8
38.7
39.1
39.2
39.0
39.8
39.7
40.6
40.8
63.4
62.3
64.8
63.6
62.3
62.8
61.9
322.4
323.7
321.5
320.1
322.8
320.4
61.0
58.7
56.9
56.8
54.9
54.5
40.6
40.2
40.7
40.7
41.5
42.2
60.0
61.7
61.7
60.5
64.5
66.7
160.9
163.2
162.1
162.0
161.9
157.0
73.3
73.9
75.1
74.9
74.6
74.3
48.8
48.9
49.0
49.0
49.1
49.2
319.8
324.9
325.3
327.4
53.2
54.4
54.2
54.7
42.4
42.5
42.9
43.0
66.4
69.3
69.2
68.0
157.8
158.7
159.0
161.7
74.4
74.7
75.4
75.8
49.3
49.4
59.1
60.4
60.7
59.2
62.7
Source:
Office of Debt Analysis In the Office of the Secretary.
1/ Onlted States savings bonds, Series A-F and J, are included at
current redemption value.
2/ Securities issued or guaranteed by the U. S. Government, excluding
guaranteed securities held by the Treasury.
2/ Consists of conunercial banks, trust companies, and stock savings
banks in the United States and in Territories and island possessions.
Figures exclude securities held in trust departments.
1.8
.9
.9
.9
.9
.9
.8
48.5
48.6
48.7
48.8
.8
.7
.7
.6
.6
.5
/^
^
6/
7/
8/
2/
24.5
24.8
25.5
25.8
10 4
10, 3
10, 2
10 1
10,
9,
U.7
U.4
21.9
21.6
21.
2i
24.6.
24.7
23.9
5.3
7.9
15.6
15.9
16.0
15.9
16.0
15.9
16.2
16.0
15.7
15.6
15.4
14.8
24.2
15.3
24.0
15.4
15.2
.5
15.2
23.7
14.6
15.3
.5
23.7
15.9
Includes partnerships and personal trust accounts.
Discontinued series.
See savings bonds tables.
Exclusive of banks and insurance con^anies.
Consists of the investments of foreign balances and international
accounts in the United States,
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers.
Immediate postwar debt peak, p
Preliminary.
.6
49.4
49.5
23.7
24.3
25.4
25.2
24.8
24.4
11.2
11.1
11.0
10.9
10.6
10.6
10.6
10.6
10.5
10.4
10.4
22.1
3.5
December 1966
75
.TREASURy SDIWEY OF CWNERSHIP, OCTOBER
31, 1966
The monthly Treasury Survey of Ovnerahip covers
securities issued by the United States Government and ty Federal agencies. The banks and insurance companies included
in the Survey currently account for about 90 percent of
all
such securities held by these institutions.
The similar
proportion for corporations and for savings and loan associations is 50 percent, and for State and local governmerts
Data were first published for banks and in70 percent.
surance oon^anies in the May 19^1 Treasury Bulletin, for
Section
I
-
corporations and savings and loan associations
in the September 1960 Bulletin, and for State and local
governments
in the February 1962 Bulletin.
Holdings by comneroial banks distributed according
to
Federal Reserve member bank classes and nonmember
banks are
published for June 30 and December 31. Holdings
by corporate pension trust funds are published
quarterly, first
appearing in the March 195i Bulletin.
Securities Issued or Guaranteed by the United States
Table 1. - Summary of All Securities
(Par values - in millions of dollars)
Government
...
76
Treasury Bulletin
.TREASUEY SDTOEY OF CWNERSHIP, OCTOBER 31, 1966
Section
I
-
Table
Securities Issued or Guaranteed by the United States Government
3. - Interest-Bearing Public Marketable Securities by Issues
t
Par values - in millions of dollars)
Held by investors covered in Treasury Survey
State and local
governments
Insurance Companies
Total
amount
outstanding
Issues
5,920
commercial
banks
504
mutual
savings
banks
295
life
2/
Treasury bills:
Regular weekly and annual
maturing:
Nov.
1966- Jan. 1967.
1967-Apr. 1967...
Feb.
May
1967
June 1967
July 1967
.
Aug.
1967
Sept. 1967
Oct.
1967
470 fire,
casualty,
and
32,916
16,012
1,001
1,502
1,495
2,735
1,881
67
473
371
202
112
64
49
4
25
1
4
10
5
»
1,0M
103
9
22
33
1
1
4
900
905
177
2,006
2,510
2,007
211
369
321
62,254
6,782
1,135
5,870
b21
572
7,005
1,193
62
,672
151
358
,748
117
,929
,135
,675
,267
270
457
212
115
61
159
88
113
35
321
791
1,315
641
358
1,447
402
2,808
1,140
23
49
142
488
savings
and loan
associa-
469
corporations
tions
881
232
159
914
3
16
3
39
6
75
63
2
4
29
63
191
pension
316
general and refunds
tirement
funds
2,680
1,108
110
282
148
132
134
27
39
1
U.S. Govern-
ment investment accounts
and Federal
Reserve banks
6,750
3,206
1
319
1
54
26
417
399
234
196
99
44
68
184
186
3
413
303
582
470
3,391
4,716
23
2l
123
74
146
5
1
Tax anticipation:
Mar.
Apr.
June
1967
1967
1967
Total Treasury bills
Certificates on indebtedness
1966-A
Nov.
it-3/^%
1967-A....
Aug.
5-lA
Total Certificates of
indebtedness
Treasury notes:
Nov".
Ai
3-5/8
Feb.
Feb.
A.-1/A
May
i-7/8
Aug.
Aug.
Nov.
Nov.
U
3-3A
4-7/8
5
5-1/4
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
May
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1966-E
1967-C
1967-B
1967-D
1967-E.
1967-A....
1967-F
1970-A
1971-A
1967-EA...
1967-EO...
1968-EA...
1968-EO...
1969-EA...
1969-EO...
1970-EA.
1970-K)...
1971-EA...
1971-EO...
.
.
.
Total Treasury notes
Treasury bonds:
Sine
2-1/2JE
2-1/2
Dec.
2-1/2
June
2-1/2
Dec.
2-1/2
Mar.
2-1/2
Mar.
3-3/8
Nov.
2-1/2
June
2-1/2
Sept.
3-5/8
Nov.
2-1/2
Dec.
3-7/8
May
3-3/4
Aug.
3-7/8
Nov.
Feb.
4
Oct.
4
4
4
4
3-7/8
4
4
4
4-1/8
4-1/8
4-1/4
3-7/8
4-1/4
3-1/4
Feb.
Aug.
Aug.
Nov.
Feb.
Aug.
Aug.
Nov.
Feb.
May
Nov.
May
June
1962-67 ..
1963-68.
1964-69
1964-69...
1965-70...
1966-71...
1966
1967-72...
1967-72...
1967
1967-72...
1968
1968
1968
.
.
.
1969
1969
1970
1970
1971
1971
1972
1972
1973
1973
1974
1974
1974
1975-85...
1978-83...
1
15
418
133
10
21
7
81
19
16
41
223
66
261
16
1
43
48
34
9
78
23
182
73
103
201
102
48
26
66
21
38
73
59
12
151
66
150
278
132
125
2:1
70
217
9
7
24
142
51
107
133
182
24
12
20
32
17
13
104
100
53
1
15
113
166
56
29
19
70
56
1
46
5
1
5
3
7
3
1
1
1
2
1
23
13
17
5
2
45,565
9,831
429
,790
,546
688
920
1,210
1,148
795
463
378
357
1,059
547
568
596
1,467
605
949
1,994
1,956
1,320
951
1,058
749
774
1,195
1,747
1,150
1,303
374
494
,291
,394
,264
,266
,952
019
,655
,460
,747
591
,728
,256
,381
,129
806
760
,344
,579
,894
356
130
592
,242
,217
,578
32
43
528
36
534
298
1,445
1,147
35
36
74
16
21
278
91
164
21
14
30
77
24
35
39
22
7
25
16
20
22
23
33
38
77
72
35
55
4
165
155
151
44
o
96
81
130
135
186
216
133
279
57
45
28
5
8
12
5
18
12
17
32
53
98
32
43
29
33
37
145
'
78
22
20
28
39
39
55
139
53
83
61
81
66
84
163
150
153
78
91
100
78
215
197
159
106
64
33
33
22
63
45
103
43
73
144
111
133
84
139
110
127
158
179
171
134
103
16
^9
79
51
15
152
17
63
41
17
42
146
41
20
22
58
18
1
8
12
29
2
32
6
19
8
3
1
7
24
38
35
26
33
44
6
17
29
41
22
3
23
19
89
165
128
192
83
107
270
192
78
83
136
62
90
174
181
74
69
141
72
2^7
62
33
14
3
3
42
10
41
14
20
32
64
58
60
50
64
77
171
360
December i966
77
.TREASURY SUBTEI OF CWNERSHIP, OCTOBER 31, 1966
Section
Table
3.
I
-
- Securities
Issued or Guaranteea by the United States Government
Interest-Bearing Public Marketable Securities by Issues - (Continued)
.
)
..
Treasury Bulletin
78
.TREASURY SinWEY OF CWNERSHIP, OCTOBER 31, 1966,
Section
II
-
Ipterest-Bearing Securities Issued by Federal Agencies But
Not Guaranteed by the United States Government
{Par Values - in millions of dollars)
Held ty investors covered in Treasury Survey
State and local
governments
Insurance companies
Total
amount
outstand-
Issues
ing
5,920
commercial
banks
2/y
Banks for
5-lAi6
5.40
5.90
6-1/i
cooperatives
Nov.
1966
Dec.
1966
Feb.
1967
Apr.
1967
Debentures
Debentures)
Debentures
Debentures).
)
)
Total
Federal home loan banks
Notes).
Nov
1966
5.30)6
Nov.
1966
Bonds )
A-l/A
Jan.
1967
Notes)
5.65
Bonds )
Jan.
1967
i-1/2
Notes).
Feb.
1967
5.40
Mar.
Notes)
1967
5.40
Notes)
Apr.
1967
5.55
Bonds )
June
1967
5-3/4
July 1967
Bonds )
5-3/4
Bonds )
5-7/8
Aug.
1967
Sept. 1967
Bonds )
6-1/4
Bonds )
Sept. 1967
4-1/4
Oct.
1967
Bonds )
6
Jan.
1968
Bonds )
5-3/4
Bonds )
Mar.
1968
4-3/8
Mar.
Bonds )
1969
5-3/8
Total.
Federal intermediate credit banks:
Debentures
(
Federal Innri hnnkq:
4-3/8?
% Dec.
5.60
1/4
.1/8
05
3/4
3/4
1/8
1/2
1/8
1/4
1/4
4
4-1/4
4-3/8
4-5/8
4-1/4
4-1/4
5-1/8
3-1/2
5-1/8
3-1/2
3-7/8
4-1/8
4-1/2
4-3/8
5
5-3/8
5-1/8
Total
50A
mutual
savings
banks
2/
fire,
casualty,
and
marine
ii.70
295
life
i88
savings
and loan
associations
-;69
corporations
191
316
pension
general and refunds
tirement
funds
U. S. Government investment accounts
and Federal
Reserve banks
Held by
all
other
investors 4/
December 1966
79
.TREASURY SURVEY OF CMNERSHIP, OCTOBER
31, 1966
Section
II
-
.
Interest-Bearing Securities Issued by Federal Agencies But
- (Continued)
Not Guaranteed by the United States Government
(Par values - in millions of dollars)
80
Treasury Bulletin
MARKET QUOTATIONS ON TREASURY SECURITIES, NOVEMBER 30, 1966
Current market quotations shown here are over-thecoimter 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.
Table
Amount outstanding
(millions)
1.
-
The securities listed include all regularly quoted public
marketable securities issued by the United States Treasury. Securities issued by Federal agencies and guaranteed
by the United States Government are excluded.
Treasury Bills
,
December 1966
81
MARXET QUOTATIONS ON TREASURY SECURITIES, NOVEMBER 30, 1966
Table
4.
-
Treasury Bonds
Treasury Bulletin
82
.MARKET QUOTATIONS ON TREASURY SECURITIES,
NOVMBER
30, 1966.
,.
s
..,
s
s
s
s
s
December 1966
83
-AVKRAJE YIELDS OF lONS-TEIW BONDS.
Table
Average Yields of Treasury and Corporate Bonds by Periods
1. -
t
Period
Treasury
bonds 1/
Moody' s Aaa
corporate
bonds
Percent per annum)
Treasury
bonds 1/
Period
Moody' s Aa
corporate
bonds
Treasury
bonds 1/
Period
Moody' s Aa
corporate
bonds
Annual series - calendar year averages of monthly
2.46
2.47
2.48
2.37
2.19
2.25
2.44
2.31
1942
19.13
1944
1945
1946
1947
1948
1949
2.83
2.73
2.72
2.62
2.53
2.61
2.82
2.66
1950.
1951.
1952.
1953.
1954.
1955.
1956.
1957.
2.32
2.57
2.68
2.94
2.55
2.84
3.08
3.47
Monthly series
Period
Treasury
bonds 1/
Moody
Moody'
Aaa
corporate
bonds
Treasury
bonds 1/
-
Treasury
bonds 1/
May
June
1955
2.68 2/
2.78
2.78 2/
2.82
2.81
2.82
2.93
2.99
3.02
3.01
3.04
3.05
3.34
3.22
3.26
3.32
3.40
3.58 2/
3,77
3.67
3,66
3.67
3.74
3,91
July
August. ,
September,
October.
November ,
December.
2.91
2.95
2.92
2.87
2.89
2.91
3.06
3.11
3.13
3.10
3.10
3.15
3.60
3.63
3.66 2/ 2/
3.73
3.57 2/
3.30 2/
3.90
4.10
4,12
4.10
4.08
January .
February.
March
April
May
June
1956
2.88
2,85
2.93 1/
3.07
2.97
2,93
3.11
3.08
3.10
3.24
3.28
3.27
3.24 2/
3.28
3.25
3.12
3.14
3,20 2/
3.60
3.59
3.63
3.60
3.57
3.57
4.37
4.22
4.08
4.18 2/
4.16
July
August
September,
October,
November.
December.
3.00
3.17
3.21
3.20
3.30
3.40
3.28
3.43
3.56
3.59
3.36
3.60
3.75
3.76
3.70
3.67
3.85
4.09
4.11
4.09
4.08
January,
February
March.
April. ...
.
,
.
Period
Treasury
bonds 1/
1957
3.81
3,80
Moody s Aaa
corporate
bonds
Moody'
Aaa
corporate
bonds
1959
3.91 2/
3.92
3.92
4.01
Period
3.79
4.38
4.41
4.35
4.33
4.26
4.40
4.49
Treasury
bonds 1/
Moody'
Aaa
corporate
bonds
Treasury
bonds 1/
1961
Moody'
Aaa
corporate
bonds
Moody'
Aaa
Treasury
bonds 1/
1963
corporate
bonds
1965
4.08
4.09
3,89
3,81
3.78
3,80
3.73
3.88
4,32
4,27
4.22
4.25
4,27
4.33
3,89 2/
3.92
3.93
3.97 2/
3.97
4,00
4,21
4,19
4.19
4.21
4,22
4.23
4,14
4.16
4.15
4.15
4,14 1/
4,14
4.43
4.41
4.42
4.43
4.44
4.46
4.11
4.10
4.26
4.11 3/
4.12
4.27
4.47
4.43
4.52
4.57
4,56
4,58
3.90
4,00
4.02
4.41
4.45
4.45
4.42
4.39
4.42
4,01
3.99
4.04
4.07
4.11
4.14
4,26
4,29
4.31
4.32
4,33
4.35
4.15
4.19
4.25
4.28
4.34
4.43
4.48
4.49
4.52
4.56
4.60
4.68
4.15
4.14
4.18
4.20
4,16
4.13
4.37
4.36
4.38
4.40
4,41
4,41
4.43
4.61
4.63
4.55
4.57
4.63
4.74
4.78
4.92
4.96
4.98
4.13
4,14
4.16
4.16
4.12 2/
4.14
4,40
4,41
4.42
4.42
4.43
4,44
4.75
4.80
4.79
4.70
4-74
5.16
5.31
5.49
5.41
5.35
1960
'
3.43
4.08
4.02
3.90
3.95
4.00
4.15
4.21
4.12
4.14
4.13
4.23
4.37
4.46
1958
3.69
3.75
1958,
1959.
1960,
1961.
1962.
1963.
1964.
1965.
averages of daily series
'
Aaa
corporate
bonds
2.62
2.86
2.96
3.20
2.90
3.06
3.36
3.89
3,98
3,98
4,06
1962
1
1964
4.08
4.09
3.98
4.61
4.56
4.49
4.45
4,46
4,45
4,01
3.89
3.88
3,90
4.42
4.42
4.39
4,33
4.28
4.28
3.86
3.79
3.84 g/
3.91
3.93
3.88
4.41
4.28
4.25
4.30
4.31
4.35
4.02 "
2/
3.98
3.94
3.89
3.87
3,87
4.34
4.35
4.32
4.28
4.25
4.24
Treasxiry
bonds 1/
Moody s Aaa
corporate
bonds
'
Period
1966
Treasury
bonds 1/
5.07
Moody s Aaa
corporate
bonds
'
Treasury Bulletin
84
AVERAGE YIELDS OF LONG-TERM BONDS
o
z
o
UJ
a:
O
a.
O
O
LU
0)
LU
5
o
Q
—I
LU
LU
O
<
LU
...
.
)
December 1966
85
.INTERMTIONAl FINANCIAL STATISTICS.
Table
1. -
U.S. Gold Stock, and Holdings of Convertible Foreign
Currencies by U. S. Monetary Authorities
{In millions of dollars)
End of
calendar year
or month
Gold stock 1/
Total gold stock
and foreign currency
holdings
Treasury
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
196i
1965
22 ,091
21 ,793
21 ,753
22 ,058
22 ,857
20 ,582
19 ,507
17 ,804
17 063
16 ,156
15 ,808
15 ,903
14 587
22,030
21,713
21,690
21,949
22,781
20,534
19,456
17,767
16,889
15,978
15,513
15,388
13,733
22,091
21,793
21,753
22,058
22,857
20,582
19,507
17,804
16,947
16,057
15,596
15,471
13,806
116
99
212
432
781
1965- November.
December.
14,686
14,587
13,805
13,733
13,879
13,806
781
1966- January .
February.
14,450
14,188
14,297
14,190
14,210
14,251
13,732
13,730
13,634
13,632
13,532
13,433
13,811
13,811
13,738
13,668
13,582
13,529
14,506
14,618
14,504
14,524
14,370
13,332
13,259
13,258
13,257
13,159
.
March
April
May
June
July
August.
.
.
September
October
November p,
.
The United States also has a gold tranche position in the International Monetary Fund, amounting to $345.1 million as of November 30, 1966.
In accordance with Fund policies the United States has the right to
draw foreign currencies equivalent to this amount from the Fund
virtually automatically if needed. Under appropriate circumstances,
the United States could draw additional amounts equal to the United
States quota of $5,160 million.
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, the proceeds of which are invested
by the Fund in U.S. Government securities; as of November 30, 1966, this
amounted to $800 million. Of this amount, the United States purchased
$200 million in 1956, $300 million in 1959, and $300 million in I960.
Note:
1/
Total 2/
Foreign
currency
holdings
2/
2/
P
13,413
13,319
13,356
13,311
13,262
^
807
639
yn
559
522
628
722
1,093
1,299
1,L18
1,213
1,108
Beginning September 1965 Includes gold deposited by the International
Monetary Fund, ($211.5 million as of September 30, October 31, and
November 30, 1966)for the purpose of mitigating the Impact of gold
payments to' the Fund for quota increases by countries which purchased
such gold from the United States. The United States has a corresponding gold liability to the Fund.
Includes gold in Exchange Stabilization Fund, which is not included
in Treasury gold figures shown in daily Treasxiry statement.
(Data
as of December 31, 1965 and earlier dates for Treasury gold stock
taken from Circulation Statement of United States Money.
Includes holdings of Treasury and Federal Reserve System.
Preliminary.
Table 2. - U. S. Treasury Nonmarketable Notes and Bonds
Issued to Official Institutions of Foreign Countries
;
Treasury Bulletin
86
JNTERMTIOML FINANCIAL
STATISTICS.
Table 3. - U. S. Net Monetary Gold Transactions
with Foreign Countries and International and Regional Organizations
(In millions of dollars at $55 per fine troy ounce; negative figures represent net snlc-s by the United States; positive figures, net acquisitions)
1/
Reflects the United States payment of the $259 million increase in
its gold subscription to the International Monetary Fund less gold
deposited by the International Monetary Fund.
2/
•
Represents gold deposited by the International Monetary Fund
see Table 1, footnote 1.
Less than $500,000.
December 1966
87
.INTERNATIONAL FINANCIAL STATISTICS.
Table
4.
-
Estimated Gold Reserves and Dollar Holdings of Foreign
Countries
and International Institutions 1/
Treasury Bulletin
88
JINTERMTIOML FINANCIAL STATISTICS.
Table
5. -
Liabilities to Foreign Official Institutions
and International and Regional Organizations
(In millions of dollars)
Area
1/
.
.
December 1966
89
CAPITAL MOVEMENTS
,
Background
Data relating to capital movements between the United
"Short-term" refers to obligations payable on demand
States and foreign countries have been collected since 1935,
or having an original maturity of one year or less, without
pursuant to Executive Order 6560 of January 15, 1934, Execu-
deduction of any offsets.
tive Order 10033 of February 8,
having an original maturity of more than one year, and includes securities having no contractual maturity.
promulgated thereunder.
19/19,
and Treasury regulations
Information on the principal types of
data and the principal countries is published monthly in the
"Treasury Bulletin."
"Long-term" refers to obligations
Exclusions
Reports by banks, bankers, securities
The data published herein do not cover all types of
brokers and dealers, and nonbanking business concerns in the
capital movements between the United States and foreign
United States are made initially to the Federal Reserve Banks,
countries.
which forward consolidated figures to the Treasury.
Department exclude entirely the intercompany capital trans-
These
The data reported to and published ty the Treasury
statistics are consolidated by the Treasury and published as
actions of business enterprises in the United States with
promptly as possible.
their own branches and subsidiaries abroad or with their for-
The reporting forms and instructions used in the collec-
eign parent companies; such transactions are reported by
tion of the statistics have been revised a number of times.
business firms to the Department of Commerce.
The most recent general revision became effective with reports
capital transactions of the United States Government and on
covering data as of May 31, 1963.1/
shipments and receipts of United States currency are also
A detailed description
Data on the
of the content of the statistics, including the changes insti-
excluded from the Treasury reports.
tuted in 1963, appeared in the July 1963 issue of the "Treasury
actions not effected through reporting institutions, such as
As a result of changes in presentation
securities transactions carried out entirely abroad, are not
Bulletin," pages 79-81.
Certain capital trans-
introduced in that issue, not all breakdowns previously
recorded in the Treasury reports
published will be exactly comparable to those now presented.
types of capital transactions are piiblished by the Department
Basic definitions
of Commerce in its regular reports on the United States
The term "foreigner" as used in the Treasury reports
abroad and the foreign subsidiaries and offices of United
States banks and business concerns; the central governments,
The liabilities data exclude U.S. Treasury letters of
credit, and nonnegotiable, noninterest-bearing special notes
of the United States held by the Inter-Araerican Development
Bank and the International Development Association.
The data on securities transactions and on foreign
central banks, and other official institutions of foreign
countries, wherever located; and international and regional
data are reported opposite the foreign
country or geographical area in
ciled.
vrfiich
the foreigner is domi-
Data pertaining to branches or agencies of foreign
official institutions are reported opposite the country to
which the official institution belongs.
Data pertaining to
international and regional organizations are reported opposite
the classification "International," "European regional,"
"Latin American regional," or"Asian regional," as appropriate,
except for the
Bank
for International Settlements and the
European Fund, which are included in the classification "Other
Western Europe."
holdings of U.S. Goverrment bonds and notes exclude non-
marketable U.S. Treasury notes, foreign series, and non-
organizations, wherever located.
In general,
Consolidated data on all
balance of payments
covers all institutions and individuals domiciled outside
the United States, including United States citizens domiciled
.
marketable U.S. Treasury bonds, foreign currency series
(see "International Financial Statistics" section, Table
2).
Presentation of statistics
Data collected monthly on the Treasury Foreign Exchange
Forms are published in three sections.
Section I provides a
summary of the principal data by period; Section II presents
data by country and by period; and Section III shows detailed
breakdowns of the latest available preliminary data.
Section IV presents supplementary data which are reported
less frequently than monthly but which are published monthly.
and Statistics, Office of
1/ Copies of the reporting forms and instructions may be obtained from the Office of Balance of Payments Programs, Operations
the Assistant Secretary for International Affairs, Treasury Department, Washington, D.C. 20220 or from Federal Reserve Banks.
.
Treasury Bulletin
90
CAPITAL M0VH4ENTS,
Table
1.-
Net Movements
of
Section I - Summary by Periods
Banking Funds and Transactions in Long-Term
Securities with Foreigners
1/
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Analysis of net movement
Changes in liabilities to foreigners
Calendar year
or month
Net
,
,
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
,
,
,
,
,
,
y
"1963 V
1962
1964 1/
1965 b/
1966 Jan. - Oct.
p.
1/
2/
y
^
y
0.5
3.2
-3.6
-0.3
0.3
0.2
1.1
-0.4
0.8
0.1
-1.5
8.7
-8.3
-0.8
6.7
-5.2
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
98.7
12.7
70.5
141.1
156.2
291.3
193.9
-39.0
435.5
251.8
223.5
305.4
-836.9 i/
-532.2
-994.1
3,634.6
1,822.9
1,888.4
2,631.9
-134.8
3,745.6
2,486.0
948.5
2,906.2
198.4
3,014.4
5.1
62.1
236.2
203.6
639.2
-728.0
670.9
-337.7
-75.8
-581.5
59.8
206.9
-172.8
-461.0
673.5
-44.0
-55.9
1.6
-6.2
-27.3
36.6
294.4r
-245. 7r
45. 9r
300. Or
351. 7r
180. Ir
939. Or
.
,
domestic
securities
2/
-418.4
636.2
601.5
-100.0
1,026.8
657.4
1,243.9
1,102.4
1,270.2
682.1
1,338.4
219.1
1,000.8
3,229.6
1,882.9
1,178.7
-137. 6r
May
bonds
and
notes 2/
659.6
19.2
1,090.5
V
V
236.2
-98.2
-14. Ir
321.6
-62.5
-99.3
-35.2
47.5
47. Or
234. 6r
-243. Or
243. 2r
382. 3r
421. 2r
204. Or
876. 4r
534.6
-12.1
205.5
-123.3
91.9
251.7
208.9
-77.7
1,078.1
516.8
-131.9
994.4
1.4
-4.5r
57.9
157.3
117.6
1,104.4
163. 6r
58.3
14.4
17.7
55.5
For an explanation of statistical presentation and exclusions, see
headnote on page 89.
Through 1949, transactions in U.S. Government bonds and notes include
transactions in domestic corporate bonds.
Data below the line include changes in liabilities and claims reported
by a number of banks included in the series beginning December 31, 1961,
Change includes claims previously held but first reported as of May 31,
Also
1963; as of that date such claims amounted to $85.6 million.
includes claims reported by banks for the first time as of December 31,
1963; as of that date such claims amounted to $193.2 million, representing in part claims previously held by banks but not reported.
Change in short-term liabilities includes a net increase of $50.8
million as of December 31, 1964, arising from changes in reporting
-64.5
-150.6
-144.3
-21.2
2.3
36. 5r
-117.8
-54.5
-65.5
-59.8
6.3
-245.8
-20.6
-34.5
19.5
§/
7/
p
2.6r
147. 9r
38. 8r
154. 5r
111.8r
-14. 2r
24.0
136.6
35.0
Long-term
banking
funds
Short-term
banking
funds
U.S. Gov't. Other
-752.1
550.3
405.7
-25.1
1,971.5
73.3
1,560.0
1,090.5
1,420.3
1,367.4
1,493.2
369.6
989.8
4,353.2
2,268.0
1,909.2
254.2
-255.8
1966- January 7/
February
March
April
Long-term
banking
funds
-767.6
261.8
280.9
164.5
1,576.3
-387.7
1,225.2
1,278.1
521.9
945.0
416.4
-940.5
-903.6
3,338.5
479.8
-404.8
y
1965-October
November
December
June
July
August
September p.
October p. . .
Short-term
banking
funds
movement
1946
1947
1948
Changes in claims on foreigners
Transactions in:
-15.5
-288.5
-124.8
189.6
-395.2
-461 .0
-334.8
187.6
-898.4
-422.4
-1,076.8
-1,310.1
-1,893.4
-1,014.7
-1,788.2
-2,314.0
-1,517.5
-2,725.3
-3.164.1
-859.3 b/
-110.9
V
18.0
-157.6
-123.5
59. 8r 2/
39.8
-29.0
-173.6
-13.5
-36.6
115.6
-116.0
-230.0
-168.5
-334.3
-188.3
-183.0
-153.3
-335.4
-343.0
-811.6
-1,494.4
325.4 6/
292.1
-126.6
-869.5
-941.6
-232.2 6/
268.7
106.7
-94.4
-145.9
11.9
7.3
50.3
177. 6r
85. 6r
-197. 3r
-82. 3r
-69 5r
-23. 9r
62. 6r
125.0
31.3
-13.9
-118. 8r
116. 6r
-86. 2r
-89. Or
145. 7r
.
265.1
39.0
-94.8
27.8
-145.4
-377.0
-217.9
-72.2
-315.5
-240.7
-69.8
190.8
-76.2
-70.5
-80.3
144.2
-482.0
-162.0
-397.2
-253.7
-342.6
-82.0
-990.2
-1,148.2
-2.7r
92.0
-1.6
-29.8
34.9
-86.8
2/
Transactions
in foreign
securities
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-644.7
-830.4
V
73.3
22.5
31. 4r
-27.4
-14. Or
42.0
-0.2
21.7
81.3
38.1
-1,047.9
-1,044.2
-728.1
-952.5
-671.7
-100.6
-70.5
-27.9
-191.1
-110.8
-109.9
-171.5
30.7
23. Ir
-82.9
11.3
-48.4
-22.2
coverage.
Data below the line on changes in claims reflect the exclusion from
the series beginning December 31, 1964 of short-term U.S. Government
claims previously included; and the addition to the series of claims
arising from the inclusion of claims previously held but first reported as of December 31, 1964, and from revisions of preliminary
figures.
Data below the line on changes in short-term claims reflect the addition to the series of short-term claims held in custody for domestic
customers but reported by banks for the first time beginning December 31,
1965, and short-term claims reported by banks reporting for the first
time.
r
Revised.
Preliminary.
..
:
December 1966
91
CAPITAL MOVMENTS.
Section
Table
2.
-
Banking
I
-
Summary by
Liabilities to
Periods
and Claims on Foreigners
1/
(Position at end of period in milliona of dollars)
Short-term liabilities to foreigners
Total
shortterm
liabilities
End of
calendar year
or month
6,883.1
6,480.3
7,116.4
7,713.0
7,618.0
8,644.8
9,302.2
10,546.1
11,648.4
12,918.6
13,600.7
14,939.1
15,158.3
16,159.1
19,388.7
21,271.6
22.450.3
22,532.6
25,018.6
25,967.1
1945
19^6
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1961 i/...
1962
1963
1964
8/2/
Short-term claims on foreigners
Payable in dollars
Foreign countries
Official
institutions
4,179.0
3,043.7
1,831.9
2,836.3
2,907.7
3,615.5
3,547.6
4,654.2
5,666.9
6,770.1
6,952.8
8,045.4 4/
7,916.6 4/
8,664.9
9,154.3
10,212.3
10,893.2
10,893.3
11,915.3
12,436.9
28,873.4^13,220.3
Foreign
banks
Other
foreigners
International
and
regional
Payable
in
foreign
currencies
3,413.0 4/
3,460.5
4,601.1
4,704.8
5.299.5
5,380.4
5,251.0
5,713.0
2,678.5
2,922.2
2,972.8
2,947.1
3,001.5
1,392.5
1,513.0
1,675.8
1,779.1
1,805.1
1,783.5
2,029.8
2,252.3
2,430.4
2,398.1
2,229.6
2.355.5
2,356.9
2,564.4
3,046.2
3,751.7
5,144.5
4,637.1
59.0
59.4
77.2
113.1
150.4
150!4
143.4 i/
134.1 6/
7,213.4 8/
3,376.3^^4,973.5
89.9 8/
2/
2/
2/
2/
2,064.0
2,528.2
2,569.8
2,529.3
2,530.4
2,943.1
3,362.9 4/
473.7
2,262.0
1,864.3
1,657.8
1,527.8
1,641.1
1,584.9
1,629.4
1,769.9
1,881.1
1,452.1
1,517.3
1,5U.O
3,158.1
4,011.8
3.751 .7
25.5
.9
40.6
49
1.4
4.6
1.0
70
51
.7
44
1.0
1.2
2.3
1.8
2.7
2.8
72
61.4
43.7
43.2
40.3
48.8
29,071.8
13,065.9
7,359.7
3,587.2
4,999.6
59.3
1965-October
November.
29,233.6
29,171.1
12,403.2
12,578.9
8,087.7
7,8l7.i
3,545.8
3,591.6
5,096.1
5,084.6
100.8
98.5
29,071.8
13,065.9
7,359.7
3,587.2
4,999.6
59.3
.
December 11/
1966- January
February.
March
April
May
June
. .
July
August
September p.
October p.
.
1/
2/
2/
4/
^
6/
2/
1.2
^
Q
1965 10/
.
Total
longTotal
term
shortliabilterm
ities
claims
9.9
1.6
Payable in dollars
Payable
Loans to
Official
institutions
73
86
87
85
243
160
176
241
7.5
2.2
2.2
7.3
I
513.51
7,734.5rli,271.2
29,277.2
29,153.9
29,245.8
29,497.6
29,706.4
29,628.7
12,550.1
12,156.7
12,137.3
12,210.2
12,437.8
12,298.2
7,674.3
7,741.9
7,759.1
7,872.6
7,932.5
8,050.6
3,592.0
3,657.8
3,675.8
3,712.2
3,703.9
3,743.0
5,095.3
5,209.7
5,292.2
5,296.6
5,195.5
5,081.4
365.5
514.91
387.9
510.41
381.4 6/ 568.31
725.61
405.9
436.7
843.21
455.5 6/1 ,006.8
7,556.9r
7,471.3r
7,590.1r
7,473. 5r
7,559.7r
7,648.7r
257.0
223.6
231.0
30,706.8
31,223.6
31,091.8
32,086.1
12,628.6
12,429.1
11,985.4
12,273.6
8,672.9
9,141.0
9,218.1
9,857.0
3,729.4
3,659.8
3,843.1
3,824.3
5,190.5
5,438.0
5,437.7
5,428.8
,065.0
485.4
,079.4
555.7
607.5 6/1 ,097.1
702.4 6/1 ,152.6
7, 503. Or
215.0
216.5
255.2
272.5
For exclusions see headnote on page 89.
Included with "Other foreigners."
Included with "Other claims."
Beginning in August 1956 and also in April 1957, certain accounts
previously classified as "Foreign banks" are included with "Official
institutions."
Differs from 1961 end of year data on the preceding line by inclusion
of liabilities and claims reported by a number of banks included in
the series beginning December 31, 1961.
Includes reported liabilities to foreign official institutions beginning October 1961.
Figures for selected dates are as follows:
end 1961, $46.3 million; end 1962, $47.9 million; end 1963, $30.1
million; end March 1966, $317.2 million; end June 1966, $367.2 million;
end September 1966, $517.7 million; end October 1966, $619.4 million.
Includes claims previously held but first reported as of May 31, 1963;
as of that date such claims amounted to $85.6 million.
Also includes
claims amounting to $193.2 million reported by banks for the first
time as of December 31, 1963, representing in part claims previously
held by banks but not reported.
8/
2/
10/
11/
p
7,411.0
7,412.6
7,442.4
Other
foreigners
100
319
292
392,
708.
948,
1,018,
827,
898,
968,
1,048,
904,
1,386,
1,548,
1,945,
2,199,
2,542,
2,624.
400
350
3,614,
290
762,
328.5
4..
4,820
328.5
5,163,
358.9
69.4 5,974.
186.0
7,469.
223.3
310.2
7957 ,22/ 220.8
271.2
7,631 ,7
513.51
77734^ 5rl0^71.2
419.0 7,391.
264.8
466.5 7,485.
251.3
271.2
7,631
.8
Foreign
banks
in
220. 6r
223.9
247.7
Other
claims
245.0
290.5
490.6
361
557.1
222
494.3
328.7
503.4
627.9
451.5
151
177
122
156
206
328
405
385
439
497
524
699
709
952
954
1,373
1,402,
1.565.
T7557;
1,U0.
1,535
1.565
1,567.1
104
109
131
109
142
235
330
303
427
460
482
617
"522
584.1
660.0
883.8
1,121.6
1,076.7
1,098.2
1,837.8
2.531.1
2,573.9
641
2,652.9
773,
3,429.4
1,054,
4.158.8
1,149.
4,559.6
1,130.
4,190.2
1,132
4,272.2r
1,101
4,089.0
1,100.
4,095.5
1.130.
4.190.2
1,132. Or 4,272.2r
,497, 9 1,109.
,496. 9 1,094.
1,507, 8 1,128.
1,425, Ill, 073.
1,519, 9 1,091.
1,583, 8 1,079.
4,217. Ir
4,220. Ir
4,278. 6r
075.
1,055,
1,068,
4,217.7r
4,151.0
1
1
1,569.
1,548.
1,618.
1,606.7 [1,089.
4,348.8r
4,304.2r
4,268. 8r
4,044.1
4,041.3
foreign
currencies
47.5
98.1
165.4
100.4
110.8
240.6
91.8
78.4
101.6
211.0
163.9
149.6
147.3
197.7
217.2
479.6
585.6
ISO"
557.1
630.8
659.0
624.5
474.0
491.9
496.2
502.8
474.0
491.9
Total
longterm
claims
175.6
140.7
227.5
187.7
216.7
390.4
403.9
U0.5
324.9
440.9
670.9
839.4
1,173.8
1,362.1
1,545.1
1 ,698.4
2.033.8
2,033.8
2,160.4
3,029.8 7/
3.971.4
4,284.7 2/
4,516.9
4,574.6
4,567.3
4,516.9
475.4
436.0
444.7
406.0
420.7
469.2
4,443.6
4,421.1
4,389.7r
425.1
4,389.3
4,367.6
4,286.2
4,248.1
439.9
426.7
432.4
4,417. Ir
4,431.1
4,389.1
Short-term liabilities include a net increase of $50.8 million arising
from changes in reporting coverage, distributed as follows:
"Official
institutions" -$4.0 million, "Foreign banks" +$60.3 million,
"Other foreigners" +$22.5 million, and "Payable in foreign currencies"
-$27.9 million.
Data on claims below the line differ from claims above the line because of the exclusion as of December 31, 1964 of $58.1 million of
short-term U.S. Government claims previously included; and because
of the addition of $545.9 million of short-term claims and $313.3
million of long-term claims arising from the inclusion of claims
previously held but first reported as of December 31, 1964, and from
revisions of preliminary figures.
See footnote 11.
Data on claims below the line differ from claims above the line because of the addition of short-term claims held in custody for
domestic customers but reported by banks for the first time beginning
December 31, 1965, and short-term claims reported by banks reporting
for the first time.
Revised.
Preliminary.
r
4
.
1
Treasury Bulletin
92
CAPITAL MOVatENTS
Section
Table
3.
-
Summary by
-
I
Purchases and Sales of Long-Term
Periods
Domestic Securities by Foreigners
1/
{In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Corporate and other
U.S. Government bonds and notes 2/
Net purchases
Calendar year or month
Foreign countries
Sales
Total
Official
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
1,223.9
1,216.9
1,729.6
1,743.7
1,779.9
1,867.1
1,149.4
1,077.2
670.9
-337.7
-75.8
-58.7
-19.6
618.7
1,200.1
-581.5
-252.6
18.3
62.3
296.6
13.6
-u.o
-11.0
-33.1
-55.9
1.6
-8.1
27.6
271.7
-4.6
70.3
79.4
248.5
71.9
262.0
97.8
61.7
-8.8
-117.8
-54.5
-65.5
-59.8
6.3
-245.8
-20.6
-34.5
9.1
19.5
414.5
19/.7.
3U.8
19iB.
1949.
1950.
1951.
1952.
1953.
1954.
1955,
1956.
1957.
1958.
1959.
1960.
1961.
1962.
1963.
1964.
1965.
282.4
430.0
1,236.4
673.6
533.7
646.0
800.9
1,341.1
883.4
666.1
1965-October
November.
December.
1966- January
Febrxmry.
March
April
May
June
July
.
.
240.6
.
.
15.3
.
18.8
153.8
15.8
13.9
188.7
78.2
16.3
77.2
27.2
28.7
.
A\igust
September p.
October p.
.
y
-269.7
-13.0
-55.4
9.4
824.2
-663.7
292.7
-96.7
-60.0
561.7
-204.9
117.0
-236.7
523.9
-97.9
-20.0
-206.6
369.1
684.2
283.3
330.3
333.6
294.3
1,356.6
231.4
728.0
792.7
812.1
1,018.3
718.3
1,187.6
528.0
1,603.0
1,231.5
2,507.9
1,196.2
1,487.1
1,153.0
1946.
1966-January-October p
Other
-52.1
36.3
688.9
126.6
512.2
-728.0
International
and
regional
Table
4.
-
Net
purchases
Purchases
2/
y
y
y
Wl.l
74.5
7.5
87.0
117.9
-19.3
9.6
14.7
68.3
-32.7
70.0
-169.1
273.0
I64.9
224.5
532.2
y
y
y
y
108.3
y
y
y
y
-.6
Net
purchases
Sales
367.6
226.1
369.7
354.1
666.9
739.8
650.2
589.1
1,115.1
1,561.2
1,619.5
1,306.4
1,397.3
2,224.4
1,976.5
3,067.3
2,260.2
432.1
376.7
514.1
375.3
-64.
-150.
-144.
Net
purchases
of
domestic
securities
-334.2
-89.1
-21.
-192.2
75.2
944.4
-584.3
314.9
-11.5
149.3
685.2
156.4
141.8
-2.7
1,124.4
378.4
735.7
-668.2
877.8
-510.5
-536.8
246.4
284.4
636.7
-99.2
-51.3
9.3
176.3
38.3
3,632.1
664.0
619.5
649.2
533.9
980.2
1,433.7
1,363.5
1,163.8
1,453.6
1,861.5
1,774.8
2,744.6
2,149.1
2,526.5
3,425.3
4,131.4
1,269.1
as. 5
820.4
4,039.5
4,186.5
-147.1
92.0
.1
30.3
-4.7
1.4
-43.1
61.6
198.0
31.0
53.7
67.5
-.7
7.8
130.5
404.2
364.5
409.7
399.7
539.5
-5.6
-35.2
-93.9
-50.2
-83.3
38.2
5.6
18.6
-4.2
41.2
52.2
63.7
34.5
35.5
22.3
22.4
I86.7r
58. 9r
409. 2r
415. 2r
120.0
200.1
212.8
289.7
324.7
287.1
310.2
361.4
368.8
95.1
301.8
-315.2
-151.2
442.4
316.9
307.7
255.7
460.7
675.0
34.0
-362.9
-521 .4
36.0
.2
-.1
-9.1
5.8
-253.1
-.6
5.3
-9.8
-136.4
-50.3
-67.9
-50.6
-4.8
7.1
.3
23.9
-34.8
19.4
-43.8
2.4
63.5
74.6
250. 4r
93. 5r
205. 5r
201. 3r
99.2
64.0
156.8
60.3
.3
.1
For exclusions see headnote on page 89.
Through 1949, includes transactions in corporate bonds.
2/
Stocks
Bonds 2/
3/
-21,
141.6
188.5
197.4
283.6
296.0
251.8
258.9
344.0
296.2
392.3
416.
359.0
11,
15.
6.
28.
35.
51
17.
72.6
50.1
170. Or
46. 6r
84.5
28.7
30.2
31.4
154.7r
14.7
35.3
126.5
28.9
2,724.0
3,076.2
U5.6
U3.5r
510. 3r
532. 3r
411. 1r
322. 9r
333.1
339.7
322.2
2.
120.
1,
55.
135.0
127.5
256.0
142.6
-56.3
362.9
201.7
322.7
111.1
197.5
-349.1
-499.3
395. Oi
14. Ir
-19.
-38.
-20.
-15.
434.9
482.21
530.4
547.81
454. 1r
351.91
7r
7r
Ir
5r
-43.0
-29. Or
3U.5
-11.4
329.6
10.1
6.1
316.1
27. 7r
-115. 2r
93. 4r
-26. 7r
94. 7r
118. Ir
-260. Or
3.4
102.1
54.5
Through 1949, included with transactions in U.S. Government bonds and
«
Less than $50,000.
r
Revised.
p Freliininnry.
notes.
Purchases and Sales of Long-Term
Foreign Securities by Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Foreign stocks
Foreign bonds
Calendar year or month
Purchases
1946
755.9
658.7
211.6
321.2
1-947
1948
1949
1950
589.2
500.4
495.3
542.5
1951
1952
1953
792.4
693.3
606.5
699.0
889.0
945.6
882.9
801.9
1,093.3
990.5
914.8
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966-January-October p
Sales
490.4
634.3
291.4
311.5
710.2
801.0
677.4
621.5
841.3
509.4
991.5
1,392.0
1,915.1
1,198.1
1,457.6
1,445.0
1,262.4
2,037.3
2,086.0
1,843.1
2,440.1
Net
purchases
265.5
24.5
-79.8
9.8
-121.0
-300.6
-182.1
-79.0
-48.8
183.9
-385.0
-693.1
-1,026.1
-512.0
-562.1
-460.
-944.0
Sales
65.2
57.1
81.7
88.8
173.8
272.3
293.9
310.1
393.3
663.6
749.2
592.8
467.2
.566.1
509.1
-1,242.1
595.7
702.0
695.6
748.4
906.2
-1,095.4
-928.3
Net
purchases
Total
purchases
821.2
715.9
293.3
Total
sales
616.6
-.4
14.6
-15.0
18.0
-24.4
-76.4
-35.8
6.8
-251.6
-214.3
-126.1
-29.1
-336.4
-237.7
-82.6
-370.0
-103.9
51.2
200.3
289.5
1,686.1
1,663.2
2,104.2
676.8
388.2
382.3
908.4
1,149.7
1,007.0
924.9
1,486.1
1,387.3
1,866.8
2,014.0
2,718.8
2,261.5
2,036.7
2,228.0
2,843.2
2,730.3
2,391.3
3,056.7
65.6
42.6
96.7
70.8
198.2
348.7
329.6
303.4
6U.9
877.9
875.2
621.9
803.7
803.8
591.7
965.6
805.9
644.3
548.2
410.1
763.0
772.7
789.1
852.7
1,185.8
1,356.9
1,355.7
1,291.8
1,356.2
1,511.7
1,392.0
1,397.6
1,795.3
556.1
Net purchases
of foreign
securities
265.1
39.0
-94.8
27.8
-145.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-6U.7
-830.4
-1,047.9
-1,044.2
-728.1
-952.5
1,490.4
2,341.8
-851.5
816.3
635.9
180.4
2,306.4
2,977.7
-671 .2
1965-October
November
December
100.9
124.5
93.9
216.5
213.0
134.4
-115.7
-88.5
-40.5
67.3
68.5
83.4
52.3
50.5
70.8
15.1
168.2
18.0
12.6
193.1
268.8
263.5
205.3
-100.6
-70.5
-27.9
1966-January
February
March
April
May
June
109.4
83.2
243.4
105.6
152.3
-198.5
-106.2
-109.1
-154.2
-8.5
72.6
65.1
181.9
373.1
70.9
100.4
87.7
75.5
101.3
105.0
55.2
51.6
7.4
-4.6
-.9
-17.3
39.2
39.6
154.1
264.9
453.7
364.8
216.0
-191.1
-110.8
-109.9
-171.5
30.7
.July
134.6
69.0
100.4
292.4
307.9
189.5
352.4
259.8
160.8
216. 6r
247.6
67.9
193.3
346.0
39.1
30.1
65.0
41.8
36.3
10.8
August
September p
October p
p
Preliminary.
200. Ir
Revised.
-16. 5r
-113.0
1.0
-92.9
-53.6
94.4
91.2
69.2
75.8
86.3
67.8
U.6
31.5
177.3
343.8
193.2
246.7
291. 3r
268. 2r
203.7
144.8
186.7
360.2
286.7
132.9
235.1
382.3
23. Ir
-82.9
11.8
-48.4
-22.2
)
y
Z
:
3
48
.
2
December 1966
93
CAPITAL MOVatENTS
Table
1.
-
Section II - Summary by Countries
Short-Term Banking Liabilities to Foreigners
1/
(Position at end of period in millions of dollars)
Calendar year
1966
Country
1962
Europe:
Austria
32° 1
177. i
365.5
419.9
160.7
99.3
1,478.3
3,040.7
188.4
802.5
360.1
132.9
191.4
205.0
409.1
905.6
20.6
1,483.2
15.9
465.2
1.8
23.7
.
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total Europe
Canada
Latin America:
Argent ina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
1963
67.0
73.2
1,156.6
2,729.9
118.9
1,383.8
248.2
12i.7
160.6
177.2
490.5
907.5
25.2
1,608.6
10.5
351.72/
2.6
18.52/
Total Latin America
2,'
323.3
436.2
336.1
127.1
1,663.1
2,009.7
170.5
1,622.3
367.5
183.5
257.4
394.4
643.8
1,370.3
35.8
1,884.4
31.7
357.8
2.5
18.7
May
1965
250.4
397.7
304.9
107.7
997.1
1,428.9
150.6
1,620.
339.
322.
321.
183.
646.
1,368.
34.2
2,713.5
36.3
369.0
4.3
30.0
207.7
379.4
323.0
June
July
August
205.7
377.9
320.6
72.5
1,142.5
1,755.9
136.9
1,518.6
229.8
328.3
284.6
205.1
405.7
295.2
70.4
1,168.9
2,025.1
130.6
1,724.7
343.7
346.7
1U.9
27.1
688.0
1,610.2
20.7
3,119.6
20.9
353.0
2.0
28.9
138.5
672.2
1,695.8
18.1
3,349.7
19.7
396.8
4.4
31.4
86.1
1,067.5
1,478.7
143.5
1,408.6
271.9
310.9
281.5
132.2
670.7
1,584.8
27.7
3,117.0
16.0
330.0
3.2
306.
September p
180.4
390.2
270.9
66.1
1,137.3
2,086.2
128.7
1,667.5
330.5
299.0
321.8
174.3
672.5
1,691.8
25.9
3,901.3
27.2
380.1
5.6
29.2
233.4
376.9
286.8
60.6
1,075.1
2,224.1
130.7
1,524.6
325.5
284.4
320.4
181.2
692.7
1,765.8
24.2
3,608.9
31.6
357.6
208.5
417.8
284.6
56.7
1,096.3
2,423.0
6.1
32.1
5.9
33.3
10,769.8
12,236.12/
11,627.2
11,867.5
12,331.3
13,349.2
13,542.5
14,177.5
2,987.7
2,983.9 2/
2,573.6
2,358.5
2,171.2
2,291.1
2,191.1
2,400.1
209.6
204.1
135.3
148.3
375.5
179.2
143.4
169.3
10.9
668.8
128.7
158.2
113.5
590.7
354.7
135.9
93.3
15.4
432.0
383.4
219.3
214.2
9.6
702.6
119.9
257.2
137.1
738.1
519.2
165.1
113.1
16.7
518.2
336.6
205.2
193.1
9.5
717.0
146.4
232.9
166.8
762.5
529.5
183.1
125.5
18.9
485.3
325.4
195.3
181.8
9.6
598.0
156.0
247.3
179.3
699.5
533.6
180.6
125.7
18.7
472.7
309.2
198.0
188.9
9.5
575.4
144.3
230.5
180.3
734.7
540.7
474.1
340.0
237.6
185.6
9.6
545.9
117.3
19.1
489.2
322.0
201.0
182.4
9.5
555.4
144.6
226.8
166.0
697.7
536.9
158.0
117.4
19.5
216.1
155.8
668.6
510.2
179.0
115.1
21.3
438.4
356.5
238.0
183.1
9.5
567.8
148.0
237.2
155.9
738.3
520.2
177.6
120.9
23.1
531.1
98.2
105.1
101.1
405.0
264.7
122.8 6/
97.4
10.5^/ 6/
290.6
257.7
175.9
208.7
12.4
734.7
99.4
205.8
110.5
734.1
416.
188.8
114.4
13.9
163.
U9.1
2,448.0
3,137.4
3,563.32/
4,027.5
4,U5.2
3,936.1
3,884.3
3,826.3
3,807.9
3,914.4
35.7
65.3
41.4
28.5
81.3
34.7
95.1
59.2
37.6
133.1
2,767.5
104.3
233.1
221.4
457.8
543.0
34.9
113.2
33.7
30.6
127.2
3,013.9
107.7
303.8
210.6
542.4
717.5
35.9
117.4
140.9
55.2
128.2
2,933.4
319.8
220.5
584.7
890.6
35.3
113.9
123.9
49.5
118.1
2,896.8
119.0
329.2
227.0
576.0
881.0
35.5
118.0
124.5
43.8
119.0
2,779.6
120.0
324.6
241.4
595.5
891.2
35.7
128.1
133.8
49.5
105.7
?,760.3
128.5
316.0
242.0
602.8
902.1
35.7
135.1
150.8
53.0
115.1
2,740.1
134-2
317.3
245.0
611.5
945.2
35.7
142.3
150.6
61.8
107.8
2,684.7
138.5
315.1
245.7
622.5
1,017.4
4,686.8 2 /
5,285-5
5,541.2
5.469.7
5,393.1
5,482.9
5,522.0
8.1
20.4
95.4
15.4
10.2
25.3
63.5
25.4
204.8
12.2
41.2
64.1
25.9
232.4
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
2,195.2
135.7
174.5
75.2
332.7
278.6
34.9
66.0
50.8
47.8
111.9
2,483.8
112.6
208.6
149.2
382.1
352.9
Total Asia
3,444.1
4,000.6
United Arab Republic (Egypt)....
Other Africa
Total Africa
Other countries:
Australia
All other
Total other countries
International and regional
International
European regional
Latin American regional
Asian regional
Total international and regional
Grand total
1U.5
.
25.7
48.8
40.9
13.8
111.7
25.5
6.7
46.6
24.0
135.0
11.8
16.8
51.3
30.5
169.9
197.3
8.6
22.0
67.4
23.3
212.6
214.6
13.2
39.7
63.7
15.5
230.8
241.0
280.3
336.5
334.0
329.2
339.0
362.9
375.8
319.0 7/
237.92/
147.1
180.2
13.4
176.4
15.5
253.7
24.4
233.3
28.8
278.7
26.4
241.3
28.2
237.5
28.0
240.0
26.8
242.7
24.9
5.27/
191.8
262.1
305.0
269.5
265.4
266.8
193.5
278.1
267.6
152.37/
4,501.4
4,802.2
21.8
149.5
4,882.5
10.0
107.1
5,082.7
11.8
101.0
4,971.6
5,080.3
11.8
98.1
5,332.7
9.8
5,302.9
9.5
87.4
29.0
35.2
67.9 6/
41.5
13.9
160.5
4,937.9
33.9
172.8
17.9
117.7
5,144.5
25,018.6
4,973.5
28,873.4 2/
2/
V
countries.
Reflects reclassification of reported deposits for changes in domicile
4,999.6
20,071.8
,
i/
6/
7/
p
11.8
34.6
56.2
21.8
-J.
5,311-1
10.7
87.2
28.5
5,195.5
5,081.4
5,190.5
5,438.0
5,437.7
29,706.4
29,628.7
30,706.8
31.223.6
U.2
95.6
-J.
For exclusions see headnote on page 89.
Grand total includes a net increase of $50.8 million arising from
changes in reporting coverage, distributed as follows: Total Europe
-$16.6 million, Canada +$0.8 million, Latin America +$26.1 million,
Asia +$49.0 million and Africa -$8.8 million.
"Other Western Europe" may include liabilities to some Eastern European
1/
2/
UI.3
1,446.7
334.8
264.7
319.9
154.8
674.0
1,746.7
30.5
4,165.3
40.3
332.4
3,348.9
Asia:
Africa:
Congo ( Kinshasa
Morocco
South Africa
October p
10,161.7
14.74/
American Republics..
Bermuda
Antilles and Surinam
America
1964
05.
5,428.8
32,086.1
over the preceding few years from Cuba to other countries.
"Other Latin American Republics" may include liabilities to some
parts of "Other Latin America" through 1962.
Liabilities reported only by banks in Second (New York) Federal
Reserve District.
"Other Africa" and "Total Africa" may include liabilities to some
countries in the "All other" category.
Preliminary.
94
Treasury Bulletin
CAPITAL MOVEMENTS
,
II - Summary by Countries
Short-Term Banking Claims on Foreigners
Section
Table
2.
-
(Position
Country
1963
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
:
7
25
13
52
69
121
9
96
33
/.o
U
25
30
70
^8
236
6
22
15
Total Europe
Canada.
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
;
American Republics..
Bermuda
Antilles and Surinam
America
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
Israel
:
-.
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
,
,
;
,
,
,
.,
,
Total Africa
Other countries :
Australia
All other
Total other countries
International and regional
Grand total
,
,
,
,
,
atend
of period in millions of dollars)
1/
December 1966
95
.CAPITAL MOVEMENTS,
Section
Tablp
3.
-
II
-
Summary by
Countries
Long-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
Europe :
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy-
Netherlands
Nor*way
Portugal
Spain
Sweden
Switzerland
Turkey-
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
Total Europe
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay-
Venezuela
Other Latin
Bahamas and
Netnerlands
Other Latin
American Republics.
Bermuda
Antilles and Surinam.
America
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa :
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries
Australia
All other
Total other countries
International and regional
Grand total
1/
2/
as of May 31, 1963;
Includes claims previously held but first reported
million.
as of that date such claims amounted to »85.6
million, reported
Grand total includes claims amounting to $193.2
representing
by banks for the first time as of December 31, 1963,
Included
not reported.
in part claims previously held by banks but
Europe U.6 million, Latin America
in this amount are claims on:
$133.8 million, and Asia $53.7 million.
2/
from data in preceding column^
The second column for 196i differs
of long-term claims arisbecause of the addition of $313.3 million
held but first reported
ingftom the inclusion of claims previously
from revisions of preliminary figures.
as of December 31, 196i, and
Less than $50,000.
Preliminary.
Treasury Bulletin
96
\
CAPITAL MOVEMENTS
Section
Table
4.
-
Summary by
II
Net Transactions in U.
S.
Countries-
Government Bonds and Notes by Foreigners
1/
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
.
..
.
December 1966
97
,
Section
CAPITAL MOVaffiNTS
II
-
Summary by
Countries
Table 5. - Net Transactions in Long-Term Domestic Bonds,
Other Than U. S. Government Bonds and Notes, by Foreigners
(In thousanas of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United State
Calendar year
1566
Country
1S!66
196
196i
1965
Europe;
23
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
Dnited Kingdom
Yugoslavia
Other Western Europe,
n.S.S.R
Other Eastern Europe.
-1,793
-i09
-3
585
2,65i
-19
-927
-1,5-^5
U,804
-110
-334
-1,128
11,258
25
33,345
194,219
-51,845
-31,853
217
687
-70
461
-46
-20
-16
Canada
81
19
Cuba
Mexi CO
1
1,284
American Republics .
Bermuda
Antilles and Surinam.
America •
,
Total Latin America
Asia!
China Mainland.
20
53
593
-420
574
1,247
-4,702
179
93 1/
1/
1,786
1,153 1/
-2,135
-2
-2
-36
-18
904
-3
-25
334
4,905
262
723
9
3,771
6,143
5,033
Africa;
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
64_
5,302
104
. .
56
-26
310
-279
-148
233
17
Total Asia.
4
2/
-19
-2
2/
52
-21
-505
-470
Total Africa.
Other countries;
Australia
All other,. . .
.
Total other countries.
International and regional;
International
European regional
Latin American regional
Total international and regional.
Grand total
373
460
-4,291
11,196
-19
782
-6
Latin America;
Argentina
Brazil
Chile
Colombia
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
-273
2,053
-609
13,574
-7
172,530
-338
235
9,507
Total Europe
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
-23
-400
-251
49
166 2/
194 2/
16,190
16,190
9,329
through
October p
Kay
July
August
September
p
October p
98
Treasury Bulletin
CAPITAL MOVEMENTS
Section
Table
6.
-
II
-
Summary by
Net Transactions
in
,
Countries
Domestic Stocks by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or
Calendar year
Country
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.
S.
S.
1,968
-10,960
-6il
-391
-9,006
-8,370
-327
5,
OX
3,075
-1,^12
15,595
539
-267
-25,393
459
196,896
362
-l,30i
R
Other Eastern Europe.
Total Europe
Canada
'',1:'
Latin America:
Argentina
Brazil
Chile
Col ombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics..
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America
,
Total Latin America
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
,
3,007
2,249
1,397
-136
-777
-1,30":
897
347
-1,055
1,160
,639
-118
3,227
lU
-39
472
615
-45
396
-8
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
6,282
Total Asia.
13,oi5
Africa;
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
69
34
2/
64
768
y
Total Africa.
J:/
Other countries:
Australia
All other
Total other countries.
International and regional;
International
European regional
Latin American regional...
Total international and regional.
Grand total
2,
z-
2,369
-1,680
2,
a
net outflow of oaoitnl
f rem
tho United States'!
December 1966
99
.
Section
Table
7.
-
CAPITAL MOVEMENTS
II
Net Transactions
-
Summary
in
by Countries
Long-Term Foreign Bondp by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreieners or a net outflow of capital from the United States)
Calendar year
CcFuntry
1963
Exirope;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
Dnited Kingdom
Yugoslavia
Other Western Europe.
U. S. S. R
Other Eastern Europe.
Total Europe
Canada.
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics...
Bermuda
Antilles and Surinam.
America
Total Latin America.
Asia:
China Mainland
Hong Kong
India
Indonesia*
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa:
Congo (Kinsha'sa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa
Other countries:
Australia
All other
Total other countries
International and regional:
International
European regional
Latin American regional..
Total international and
regional.
Grand total.
-5,014
1964
Treasury Bulletin
100
CAPITAL MOVH/ENTS
Section
Table
8.
-
II
-
,
Summary by Countries
Net Transactions
in
Foreign Stocks by Foreigners
tin thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of caoital from the United States)
Calendar year
Country
1963
Europe:
108
2,K1K
-251
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
-28,404
6,881
-202
U,bOU
-4,340
487
40
-1,918
405
-10,316
-86
25,012
,
-1
123
31/
Total Europe
-5,381
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
130,041
-1
48
492
244
-1,857
-62
187
-326
88
American Republics...
Bermuda
Antilles and Surinam,
America
Total Latin America
,
113 2/
2/
722
555 2/
203
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-4,030
-68,958
202
-367
-210
-27
-512
Total Asia
-74,893
Africa;
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)...,
Other Africa
Total Africa
Other countries;
Australia
All other.
Total other countries
International and regional:
International
European regional
Latin American regional
Total international and regional
Grand total
504
-1,510
15
17
i/
1,217
124
1/
1/
196i
1^65
1966
1966
through
October p
May
June
July
August
September p
.
December 1966
101
CAPITAL MOVIMENTS
Section
II
-
Summary by
Table 9.- Estimated Holdings of U.
(Positinn
at,
pnii
1963
1963
1962
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U. S. S. R
Other Eastern Europe.
•
12b
1
1
133
3?
Total Europe
686
Canada
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
1
1
2
American Republics..,
Bermuda
Antilles and Surinam,
America
5
16
33
Total Latin America
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
5
M
36
51
Total Asia
Africa:
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
10
1)
Total Africa
Other countries:
Australia
All other
Total other countries
International and regional:
International
European regional
Latin American regional
798
-
112
Total international and regional
Grand total
2,110
Countries
Government Bonds and Notes
ppriod in millions of dollars)
On basis of 1963 survey
On basis of I960 surve
Country
Europe:
i-if
S.
,
)
! !"
,
.
'
.
102
Treasury Bulletin
CAPITAL MOVEMENTS
Section III
Table
1.
Short-Term
-
Preliminary Details by Countries
to Foreigners as of October
31, 19661/
Banking Liabilities
(Position in thousands of dollars)
Total
shortterm
liabilities
Country
Europe :
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
]
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
208,4.72
/;i7,791
284,578
56,743
1,096,263
2,422,961
141,337
1,446,710
334,838
264,711
319,944
154,804
673,952
1,746,743
30,504
4,165,273
40,305
332,369
5,925
33,252
,
,
Total Europe
Canada
Latin America
Argentina
Brazil
Chile
•....'.!!!.".'.'!.'!
Colombia
.'..".'.'.'!.'.'."!.'.'.'
Cuba
*
*
'
Mexico
'
Panama
[
Peru
!!*'*'
Uruguay
Venezuela
Other Latin American Republics.!!
Bahamas and Bermuda
Netherlands Antilles and Suriiilii!
Other Latin America
Short-term liabilities payable in
dollars
To foreign banks and official
institutions
U. S.
Total
180,285
382,266
274,624
48,831
1,020,647
2,001,826
102,147
1,412,685
310,626
232,279
230,652
101,258
649,402
1,391,931
27,268
3,858,451
39,136
216, 564
5,757
31,669
14,177,475
12,518,304
2,400,128
2,151,509
438,393
356,531
237,996
183,054
9,522
567, 847
147,956
237,157
155,855
738,311
520,169
177,565
120,873
23,123
172,549
269,509
100,723
57,178
832
264,117
19,712
99,200
29,022
290,089
272,662
84,159
41,113
5.156
Deposits 2/
36,533
203,242
100,070
33,127
535,351
251,782
51,377
354,635
116,109
95,638
226, 574
92,687
140,359
342,265
27,113
3,307,411
10,850
71,623
5,295
26,614
6,028,655
1,511,
:'r,o"
:
Total Latin America
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
!!!!!"'
!!!!'""
[
'
!
! ! ! !
"
*
'[
!!!!!!!!!!!!!!!!
! !
Total Asia
Africa :
Congo ( Kinshasa
Morocco
South Africa
!!!!!!!!!!
United Arab Republic (Egypt)!
Other Africa...
..!;...!
Total Africa
Other countries :
Australia
All other
!!!!!!!!!!!!
Total other countries. .
.
International and regional:
International
European regional
Latin American regional..
Asian regional
Total international and
regional.
Grand total
1/
2/
For exclusions see headnote
on page
°
'
4
4._T
J..
_
Cr^anA
.
-I
n
J4.
97,220
190,266
100,112
56,583
382
201,618
16,795
99,109
28,448
284,838
195,131
73,340
24,102
4,478
3,914,352
1,706,071
1,372,922
35,714
142,316
150,571
61,822
107,761
2,684,662
138,455
315,109
245,684
622,499
1,017,382
30,267
70,609
132,850
58,121
100,419
2,651,388
136,743
244,463
227,425
614,318
919,839
30,267
59,791
36,963
33,594
54,379
1,441,844
134,731
225,501
169,306
219,079
549,732
5,521,975
5,186,4.42
2,955,137
12,216
41,203
64,106
25,919
232,351
9,525
3B,064
54,320
24,898
195,943
7,172
37,673
48,575
14,762
126,006
375,795
322,750
.^34,188
242,712
24,866
226,956
18,583
88,153
13,599
267,578
245,539
101,752
5,302,875
9,511
87,414
29,021
5,302,638
9,406
87,380
29,021
219,297
6,207
21,350
,•45
247,227
373
Treasury
bills and
certificates
73,700
125,764
94,010
5,600
321,323
1,553,960
14,500
1,000,210
172,583
22,028
5,800
464,600
108,502
4A1,630
24,300
118,020
Other
.
103
December 1966
CAPITAL
Section III
Table
2.
-
uovmsms
,
Preliminary Details by Countries
Short-Term Banking Claims on Foreigners as of October
31,
1966
1/
(Position in thousands of dollars)
Short-term claims payable in dollars
Loans to:
Total
shortterm
claims
Country
Collections
outstanding
for own
account and
domestic
customers
Foreign
banks and
official
institutions
Total
Europe;
7,461
13,215
18,620
12,476
8,945
36,616
1,848
31,110
9,991
17,831
21,2Q8
13,134
27,630
13,775
45,644
18,025
2,689
1,136
9,512
18,095
1,319,493
1,150,570
328,500
255,740
610,298
424,262
3.655
155.572
181,243
105,809
150,012
288,062
16,355
723,553
70,510
204,354
36,612
224,317
246,108
55,209
180,797
105,727
149,953
287,572
16,328
690,667
70,209
204,181
36,609
219,295
245,890
54,484
28,799
24,879
20,574
45,955
309,797
38,285
51,846
11,362
56,839
57,316
13,715
19,522
49,246
36,676
62,733
104
193,542
17,018
16,068
17,013
16,010
93
114
13,763
383
2,335,230
2,294,735
659,574
580,547
727
13,696
9,582
133
082
61,3/»2
Denjnark
°5,208
63,623
217, 05i
16,295
105,102
42,921
52,679
39,750
Finland
France
Germany
« . . .
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
60,
Total Europe.
CanarlH
Latin Ajnerica:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Surinam
Other Latin
83,472
75,800
47,542
200,164
19,904
35,616
1,497
17,662
12,343
62,713
60,253
Q5,031
55,248
182,285
16,069
98,213
34,058
51,902
39,569
59,495
79,736
63,207
47,541
119,306
19,902
34,571
1,489
17,639
13,150
70,208
Austria
Belgium
American Republics.
Bermuda
Antilles and
America
Total Latin America.
Asia:
China Mainland.
Hong Kong
India
Indonesia
Israel
4U
17,
2,092
27,074
9,524
926
13,964
65,993
872
16,189
5,751
10,860
9,598
12,595
3,869
35,710
330
22,298
5U
Japan
Korea
Philippines....
Taiwan
Thailand
Other Asia
733
30,142
19,170
5,418
96,282
2,398,174
23,733
206,971
15,722
67,172
123,103
728
30,067
18,915
5,418
96,281
,369,632
23,783
205,702
15,722
67,075
122,134
57,892
541,167
1,153
136,890
7,507
13,022
49,818
Total Asia.
2,986,670
2,955,457
831,455
120
1,040
12,864
19,788
14,684
Africa:
Congo (Kinshasa)
Morocco
•
•
South Africa
United Arab Republic (Egypt)..
Other Africa
•
Total Africa.
Other countries;
Australia
All other
Total other countries.
International and regional:
International
European regional
Latin American regional..
Total international and
regional
Grand total
<
579
579
2,750
37,340
36,557
51,462
2,760
36,040
36,221
51,060
128,698
126,660
50,792
10,581
47,346
10,313
61,373
57,659
89
89
128
462
128
462
679
67Q
7,442,441
7,010,022
17,
U6
45,710
6,142
75,118
36,363
23,799
1
13,412
16,285
745
26,286
918
3,669
6,857
Short-term claims payable in foreign currencies
Treasury Bulletin
104
CAPITAL MOVMENTS
Section
Table
3.
-
III
Long-Term Banking
-
,
Preliminary Details by Countries
and Claims on Foreigners as of October 31, 1966
Liabilities to
(Position in thousands of dollars)
Long-term claims payable in dollars
Country
Europe :
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
Total Europe.
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics...
Bahamas and Bermuda
Netherlands Antilles and Surinam.
Other Latin America
Total Latin America.
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa;
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa
Other countries:
Australia
All other
Total other countries.
International and regional :
International
European regional
Latin American regional...
Total international and regional.
Grand total
Total
long-term
liabilities
-
Total
long-term
claims
Long-term
claims
payable in
foreign
currencies
.
.
i%6
December
105
CAPITAL MOViMENTS
Table
4.
,
Section III - Preliminary Details by Countries
Purchases and Sales of Long-Term Securities by Foreigners During October 1966
-
(In thousands of dollars)
Purchases by foreigners
Foreign securities
Domestic securities
Country
U. S.
Total
purchases Government
bonds and
notes
Corporate and
other
Stocks
Bonds
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
n.S.S.R
Other Eastern Europe.
66
736
5
2,874
2,775
119
2,945
18,131
24 ,785
4,064
14,032
9,442
176
4,592
14,419
464
1,484
2,908
1,031
106,052
145
22,331
906
3,704
-
2,858
1,617
229
54
129
3
2U
Total Europe
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
214
354,174
24,922
37,387
184,038
172,983
3,383
16,168
89,127
:
39
10
10
27
11
2
316
224
20
6
32
American Republics...
Bermuda
Antilles and Surinam.
America
217
57,622
Total Latin America.
264
176
106
697
2,454
34
4,122
Asia:
China Mainland.
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines..
Taiwan
Thailand
Other Asia
326
11
15
-
.
61,001
Total Asia.
Africa :
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa.
Other countries:
Australia
All other
Total other countries
International and regional
International
European regional
Latin American regional
:
Total international and regional..
Grand total
9U
1,931
194
10
583
V
.
,
106
Treasury Bulletin
CAPITAL MOVEMENTS
Section IV
Table
-
1.
Short-Term
I
June
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
S.
2,629
20,207
986
872
26,788
3i,i^2
i,506
22,362
i6,052
2,132
1,020
8,i28
6,76i
18,325
97,311
751
2,205
60
387
R
Other Eastern Europe
Total Europe
Canada
Latin Americat
Argentina
Brazil
Chile
Colombia
September
American Republics.
Bermuda
Antilles and Surinam
America
Total Latin America
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Africa
Other countries;
Australia
All other
Total other countries
International and regional:
International
European regional
Latin American regional
Total international and regional.
Grand total
2,0U
1,585
12,A52
7,0U
35,951
5,i56
103, i52
637
3,510
89
783
5°,°62
5,07C'
3, "00
10,96^
3,598
6,669
137
8,105
26,03i
i,708
660
1^,722
10,508
2,/61
o,289
i,100
103,721
110,356
1,588
1,810
13,273
5,083
898
2i,^96
19,A75
1,297
1,835
15,528
2,9^6
1,078
31,16Q
38°
6,21?
367
601
20,557
73,1'0
81, "7°
5i8
259
10,007
1,896
3,086
1,306
11,009
1,489
505
,
3,°77
27,118
30,592
3^1,209
76/
695
Africa:
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
U,390
56,697
/,,/63
Total Asia
2,o33
22,066
1,032
680
30,718
300,672
10,075
2,961
7,i80
168
6,778
20,552
5,298
796
20,789
7,990
2,451
7,181
6,123
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
Reported by Nonbanking Concerns
Position at end of period in thousands of dollars)
Europe;
S.
Supplementary Data by Countries
1^'6A
Country
U.
-
Liabilities to Foreigners
SAIO
5
IS , 120
21
26,692
5,339
32,031
0°°
December 1/
March
June
September
March
.
107
December 1966
CAPITAL MOVEMENTS
Data by Countries
- Supplementary
Reported by Nonbanking Concerns
Foreigners
on
Claims
Short-Term
Section IV
Table
2.
-
(Position at end of period in thousands of dollars.)
December 1/
6,051
38,545
o,261
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
:
6,128
81,7/5
112,124
13,357
77,383
40,998
7,580
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
5,005
50,126
19,840
26,557
7,536
311,874
2,250
8,374
1,066
2,030
6,01<i
44,685
8,974
5,564
81,636
111,834
13,034
76,586
40,704
7, '^24
4,993
49,969
19,772
26,517
7,448
315,309
2,250
8,317
1,066
2,02°
Canada
Latin America
Argentina.
Brazil.
Chile.
:
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American
Republic
Bahamas and Bermuda.
Met'ierlands Antilles
and Snri. am
Other Latin America.
20,060
125,037
21,390
22,060
i,936
58,251
9,83°
22,
lU
5,998
37,759
25,798
128,306
2i,639
25,390
i,i82
6i,191
°,2A1
23,269
8,0i0
W,909
30,i71
1W,517
25,23i
24,596
i,285
,879
ll,°3i
25,72i
10,021
i5,7f
30,484
144,523
25,236
24,603
4,292
75,683
11,938
25,927
10,021
45,849
33,053
113,048
24,659
25,708
4,118
74,738
10,855
21,469
9,089
40,286
28,575
92,648
27,
U5
21,967
3,992
76,470
9,224
27,216
10,942
43,347
36,617
90,6/=
30,309
20,601
3,972
71,134
11,761
25,629
10,566
47,146
31,156
93,270
30,193
19,498
3,096
76,393
13,287
27,989
8,399
49,3'9
31,911
93,562
30,876
20,127
3,096
81,647
13,372
29,041
8,469
49 ,981
34,214
78,474
30,966
22,084
2,846
77,847
12,594
27,897
5,098
49,289
34,388
70,773
30,984
20,924
3,010
73,742
10,614
30,281
7,053
52,270
54,543
8,074
Total Latin America
Asia:
China Mainland
Hong Kon
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa:
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic
(Egypt
Other Africa
Total Africa
Other countries
Australia
All other.
Total other countries
International and r egional:
International
European regional
Latin American regional
Total international
and regional
Grand total
uy exporters
reported by
<=;-i^"; ";;--'
Data are reporwo
Uai
States.
--j.„3
Note:
«n=^^"= ^^ the United
cial firms, and other nonbankxng
^„a intercompany
United States banks,
through
held
^^^...^^es
claims
exclude
shown in
accounts between firms in the ""^^^Jthe ^^^^
most ^3,ent data is
of
abroad. The detailed breakdown
^
f
Table 3 of this Section.
differ because of changes
^hown for this ^^te^di^^^ ^^^ comparable in
Data in the two clumns
Figures 1"
the second
in reporting coverage.
^^
m
^
ZZ'lrl\Zll^^:^^oV::\Z:^
Preliminary
-r^he fonow^ng
date.
Treasury Bulletin
108
CAPITAL MOVaiENTS
Section IV
Table
3.
-
Short-Term
-
Supplementary Data by Countries
Liabilities to and Claims on
Details as of
June
Foreigners Reported by Nonbanking Concerns
30, 1966?
(Position in thousands of dollars)
Liabilities
Country
Payable
in
dollars
Europe ;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
3,311
28,613
1,617
668
48,189
69,543
3,000
26,513
64,870
1,727
6,202
22,603
12,030
60,788
4,004
139,120
1,053
2,430
73
438
2,5^9
26,146
1,566
526
42,360
56,582
1,419
1S30';
41,082
1,490
5,867
21,499
11,887
46,172
3,918
107,311
Claims
Payable in foreign
currencies
Payable
in
foreign
currencies
762
2,467
Payable
Total
dollars
4,U7
1,7a
14
679
73
413
25
6,577
44,817
7,995
5,527
93,829
97,762
18,149
110,571
41,873
6,969
7,582
63 120
20,398
20,000
6,373
487,0^6
1,885
9,402
974
4,838
496, 7°2
107,837
1,065,1°7
"24,124
116, 8°4
5S33':'
-,-0,37°
431,13°
1,659
2,085
688
1,18^
26
636
34,21/,
1,008
0,205
1,270
163
649
141
20,707
3,299
164
82
235
73,474
30,966
22,034
2,846
77,847
12,594
27,897
5,098
49,289
54,543
8,074
2,971
9,190
30,861
74,476
28,986
20,523
393
73,932
11,830
25,713
4,896
43,553
47,725
7,233
2,840
8.959
97,551
65,828
31,723
416,087
381, °20
1,066
2,206
20,189
10,851
2,387
27,140
1,589
6,920
5,762
1,408
31,082
1,066
1,862
18,672
10,836
2,270
22,681
1,46^
5,161
5,693
1,163
22,213
4,45°
8,86°
110
6,638
29,216
2,874
3,564
154,801
3,579
18,156
4,508
9,067
75,600
5,913
21,340
2,765
3,070
99,525
3,273
15,611
4,388
8,6266,050
110,600
93,082
17, '18
308,113
230,66°
498
411
10,939
1,554
8,334
184
308
10,548
1,180
7,;^ 89
314
103
391
374
74-
1,431
2,499
17,918
16,803
27,369
766
2,065
17,315
9,928
23,793
Total Africa
21,736
19,80°
1,927
66,020
53,867
Other countries;
Australia
All other
34,941
4,989
17,224
3,118
17,717
1,871
45,127
9,914
35,000
7,305
39,930
20,342
19 , 588
-5,041
42,30-
26
26
287
13
13
69
287
6°
231
Total Europe
Canada
,
,
,
,
,
,
,
,
,
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics,.
Bahamas and Bermuda
Netherlands Antilles and Surinam,
Other Latin America
,
,
Total Latin America
Asia
China Mainland
Hong Kong
India
Indonesia
5,331
11, 0/19
4,070
7,199
146
9,631
4,050
5,201
1,298
25,561
12,051
1,172
9,287
1,03"^
3,672
8,964
3,382
6,010
120
8,995
3,887
4,552
1,1-7
4,854
8,7'^2
51
142
5,329
12,961
1,581
11,208
23,788
237
1,104
143
14,616
86
31, 80^
,
33,697
7,858
5,199
72,254
88,805
14,371
100,62/
38,677
6,703
6,640
59,841
29,567
18,724
5,090
415,220
1,866
9,199
974
4,578
;
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa:
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
Total other countries
International and regional :
International
European regional
Latin American regional
Total international and regional
Grand total
3U
1,-17
1:
117
124
1,7 = °
6°
24-
109
231
883,542
-87
^87
3^
649,610
233,932
2,461,424
?, 0-4,
611
Deposits with
banks abroad
in reporter's
own name
1,148
10,198
32
34
2,087
3,115
982
5,069
2,327
63
202
1,245
120
686
827
42,266
14
153
Other
,
.
December 1966
109
CAPITAL MOVEMENTS
Section IV
Table
4.
-
Long-Term
-
.
Supplementary Data by Countries
Reported by Nonbanking Concerns
Liabilities to Foreigners
(Position at end of period in thousands of dollars)
Country
September
December 1/
Europe;
Austria
Belgium
Denmark
Finland
France
Gerniany
Greece
Italy
Netherlands
Norway,
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
4,510
673
227
82
1,173
32,079
472
6,067
50
Canada
47,993
U,892
83,i73
57,960
958
673
455
78
503
4.V1
18
102
156
80
15
60
12i
1,920
560
192
85
46
107
1,895
804
1,601
1,201
6,5U
5,611
21
American Republics.
Bermuda
Antilles and Surinam,
America
.
Total Latin America.
.
Asia:
China Mainland,
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
3,661
135
162
23
2,802
Total Europe
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
i.sio
350
350
36
138
8i
1,603
87
1,484
5
5
2
2
994
138
. ,
Total Asia
16
3i
17
2,268
3,077
Africa:
Congo (Kinshasa)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
127
2_
125
X.
130
128
li0,382
111,672
Other countries:
Australia
All other
Total other countries
.
.
International and regional
Grand total
.
Treasury Bulletin
110
.
Table
5.
CAPITAL MOVMENTS
,
Section IV - Supplementary Data by Countries
Long-Term Claims on Foreigners Reported by Nonbanking Concerns
.
.
,
December 1966
111
CAPITAL MOVaiENTS
Table
6.
Section IV - Supplementary Data by Countries
Foreign Credit and Debit Balances in Brokerage Accounts
(Position at end of period in thousands of dollars
Europe :
Austria
Belgium
Deninark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
D.S.S.R
Other Eastern Europe
Total Europe
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru.
:
.
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics
Bermuda
Antilles and Surinam
America
Asia :
China Mainland
Hong Kong
India. , ,
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Africa
Congo (Kinsliasa
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
Other countries
Australia
All other.....
:
Total other countries
International and regional
Grand total
1/
Eastern European
include balances with some
..Other western Europe., may
countries.
„ •„„i„h= nnlv Bolivia, Dominican Repub^-,
StrAmfrican Republics includ.
^
;?r-"^"^-
l:Corr ct^ef
with
Bahamas and Bermuda included
..other Latin America.''
America..'
Latin
..Other
"Total
i,rn-h»r Alrioa.
Africa..'
Morocco and "Other
...11 other., countries include
"Total Africa.
other countries" include
;7;r.n
3/
.
.'
,
'
112
Treasury Bulletin
CAPITAL MOVEMENTS
,
Section IV
Table
Short-Term
7.
- Supplementary
Data by Countries
Banking Liabilities to Foreigners in Countries
and Areas
Not Regularly Reported Separately
(Position at end of period in thousands of
dollars)
December
Country
1961
"Other Western Europe "
Cyprus
Gibraltar
Iceland
Ireland, Republic of.
Luxembourg
Malta
\[\
Monaco
657
1,242
3,U8
3,2^0
16,111
31
3,411
"Other Eastern Europe"
Albania
Bulgaria
C2echoslova]£ia 1/
Estonia
Hungary
Latvia
Lithuania
Poland 1/
Rumania 1/
Soviet Zone of Germany
"
"Other Latin American Republics "
Bolivia 1/
Costa Rica
Dominican Republic 1/
Ecuador
Guatemala 1/
Haiti
Honduras
Jamaica
Nicaragua
*
*
///
Paraguay
El Salvador 1/
Trinidad and Tobago
!."!!!.'!.'!][
"Other Latin America "
British Honduras
British West Indies ..................
French West Indies and French Guiana!
"Other Asia"
Aden and South Arabia
Afghanistan
Bahrain
Burma
Cambodia
Ceylon
'..'!.'
Iran 1/
,
Iraq
Jordan
Kuwait
Laos
,
Lebanon
'
'
_'
'
.
Malaysia 2/
."..']!.'!!.'.'.'!
'"
Nepal
Pakistan
Ryukyu Islands (including Okinawa)!.']!
Saudi Arabia
Singapore 2/
!!.'!!!.'!!."!
Syria
Trucial States
Viet Nam
'
'
"Other Africa"
Algeria
Canary Islands
Ethiopia (including Eritrea).
French Somaliland
'
Ghana
Guinea
'
Ivory Coast
Kenya
Liberia
y
Libya
!!!!."
Malagasy Republic
Mozambique
_"
Nigeria
"Portuguese West Africa" .....
Somali Republic
Southern Rhodesia 1/
Sudan
Tunisia
/
Zambia
'.
'
•
•
•
•
'
.'
."
!
.
^
"Other countries "
New Caledonia
New Zealand
.
.
.
.
.
.
.
178
1962
617
728
5,632
2,906
10,830
216
1,729
.
December 1966
113
.CAPITAL MOVEMENTS,
Table
8.
-
Section IV - Supplementary Data by Countries
Purchases and Sales of Long-Term Securities by Foreigners During Calendar Year 1965
(In thousands of dollars)
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Africa;
Congo (Kinshasa)
Morocco
South Africa.
Dnited Arab Republic (Egypt)
Other Africa
_
Total Africa
Other countries:
Australia
All other.
Total other countries
International and regional:
International
European regional
Latin American regional
Total international and regional..
Grand total
US
non^rketable
Excludes transactions in
's^-l^bfel''"
Statistics
Financial !^-f"^
Se; "International
currency series
Note:
.
Treasury Bulletin
lU
- I
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
The financial statements of corporations and other busi-
are published semiannually, for June 30 and December 31 report-
ness-type activities of the United States Government, which
ing dates, and appear as Section II and III.
have appeared in the "Treasury Bulletin" since the August 1956
these statements under Circular 966 covered the fiscal year
issue, are- compiled from reports submitted to the Treasury
1956, and were published in the January 1957 Bulletin.
under Department Circular No. 966, issued January 30, 1956, and
the sections, the agencies are grouped in separate tables by
Supplement No. 1, Revised, issued June 16, 1965.
These regu-
lations were issued pursuant to the Budget and Accounting
Procedures Act of 1950.
They superseded Budget-Treasury
type, as follows:
The first of
Within
public enterprise revolving funds, intra-
govemmental revolving funds, certain other activities, deposit
funds, and trust revoli^ing funds.
3, issued under Executive Order No. 8512 of
Supplement No. 1, when originally issued in 1956, extended
August 13, 1940, as amended by Executive Order No. 9084. of
the coverage to include all executive agencies and activities
Regulation No.
March 3,
194-2,
under which financial statements previously
Department Circular No. 966 requires submission of finan-
cial statements
try
not previously reporting under Circular 966, but required only
a statement of financial condition annually as of June 30.
published in the Bulletin were submitted.
all wholly owned and mixed-ownership Govern-
ment corporations specifically included in the Government
These were activities vMch were not principally of a businesstype nature.
Those which had not yet developed formal ac-
counting procedures to provide complete balance-sheet type
Corporation Control Act, as amended (31 U.S.C. 846, 856); and
statements were temporarily authorized to report only assets.
all other activities of the Government operating as revolving
Thus, the supplement rounded out provisions for information on
Other activities and agencies whose operations, serv-
properties and other assets, as well as liabilities, of the
ices, or functions are largely self-liquidating or primarily
United States Government all of which is needed ty Treasury for
funds.
of a revenue-producing nature, and activities and agencies
the compilation of coiqjlete Government-wide financial reports.
whose operations result in the accumulation of substantial
The first comprehensive reporting under the original Supplement
inventories, investments, and other recoverable assets, were
No. 1 was for June 30, 1957, and the data were published in the
brought under the regulations as the agency accounting systems
December 1957 Bulletin as Part B of Table 4 in Section
were developed to where they were capable of furnishing the
revision to Supplement No. 1 in 1965 made no basic change to
The
the overall purpose of the originallj issued supplement; it
required financial reports.
Four kinds of financial statements are called for by
Department Circular No. 966.
I.
They are statements of financial
condition, income and expense, source and application of funds,
and certain financial contingencies.
The statements of finan-
updated and consolidated all amendments to both the regulation
and Instmctions which had been issued after June 30, 1956.
A summary of loans outstanding for a series of dates Is
included in Section
I
of the Bulletin presentation beginning
cial condition are published quarterly and appear as Section I
with the June 1958 issue.
in the series of tables.
are shown,
The first statements of financial
Two classifications of the loans
one by type and one by agency.
Data prior to
condition published under Circular 966 were as of March 31,
1956 are based on the earlier reporting requirements, which
1956, and were presented in the August 1956 Bulletin.
provided for complete coverage of Government lending agencies.
State-
ments of Income and expense and source and application of funds
.
December 1966
115
P'
.
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section
Table
1
-
I
-
Summary by
Statements of Financial Condition
Specified Classes of Activities, June
30,
1966
.
116
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
Section I - Statements of Financial Condition
- Public Enterprise Revolving Funds, June 30, 1966
2.
(In thousands of dollars)
•
.
117
December 1966
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, June 30, 1966
(In thousands ot dollars)
Account
ASSETS
Cash In banks, on hand, and In transit...
Fund balances with the U. S. Treasury 1,'.
Investments:
Public debt securities (par value;
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
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: U. S. dollar loans
Foreign currency loans.......*.
Allowance for losses (-)...........••
Acquired security or collateral (net)....
Land, structures, and equipment
Accumulated depreciation (-)
•
Foreign currencies
Other assets (net).
Total assets,,.. ....... •••*••-••••••••••'
LIABILITIES
Accounts payable:
Government agenc ies
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
Other: Guaranteed by the U, S
Not guaranteed by the U. S,
Other liabilities (including reserves)...
'
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock. ......,..••••••••••••••
Borrowings from the U. S. Treasury...
Other
Nonlnterest-bearing investment:
Capita 1 stock
...........'
Appropr iat ions
Capitalization of assets (net)
•
VT
Other
Accumulated net income, or deficit (-;
Deposits of general and special fund
revenues (-)........•••••••••••••"•"
'
Total United States Interest
Total liabilities and Investment
ANALYSIS OF UNITED STATKS INVESTMENT
...,...,
United States investment
Accumulated net income, or deficit (-)..
investment incl, interagency items
Interagency items:
Dae from Government agencies (-)
Due to Government agencies
items
U. S, investment excl, interagency
U. S.
(Continued on following page)
Footnotes at end of Table
-
(Continued)
Treasury Bulletin
118
nr
i
.
December 1966
119
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, June 30,1966
(In thousands of dollars)
Account
ASSETS
Cash in banks, on hand, and In transit...
Fund balances with the U. S. Treasury 1/.
Investments:
Public debt securities (par valuej
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
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: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies
Other assets (net)
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
Other: Guaranteed by the U. S,
Not guaranteed by the U. S
Other liabilities (including reserves)..
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock
Borrowings from the U. S. Treasury..
Other
Noninterest-bearing investment:
•
Capita 1 stock
Appropriations
Capitalization of assets (net)
•
Other
Accumulated net income, or deficit (•
fund
special
and
Deposits of general
revenues (-)........•••*•..••••••••
Total United States interest
Total
l iabilities
and Investment
ANALYSIS OF UMITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)..
items
U. S. investment incl. interagency
Interagency items:
Due from Government agencies (-)
Due to Government agencies
U.
S.
investment excl. interagency items
(Continued on following page)
Footnotes at end of Table 8.
(Continued)
.
Treasury Bulletin
120
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTfPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, June 30, 1966
(In thousands of dollars)
-
(Continued)
.
December 1966
121
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTfPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, June 30,1966
(Continued)
(In thousands of dollars)
Housing and Urban Development Department - (Continued)
Account
ASSETS
Cash in banks, on hand, and in transit..
Fund balances vrith the U. S. Treasury 1,
Investments:
Public debt securities (par value)
Securities of Government enterprises.
Unamortized premium, or discount (-).
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies.
Other (net)
•
Inventories
Allowance for losses (-)
receivable:
Accrued interest
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
•••
Government agencies
Other: U. S. dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies.. ........*•
Other assets (net)
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., ....... ......
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)
•
'
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment
Capital stock
Borrowings from the U. S.
Other
Noninterest-bearing investment:
•
Capital stock
Appropriations.... ............
Capitalization of assets (net)
•••
Other
Accumulated net Income, or deficit (-)
fund
special
Deposits of general and
.....•......••••••
revenues (-)
Total United States interest
Total liabilities and investment
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)..
items
U. S. investment Incl. interagency
Interagency items:
Due from Government agencies (-)
Due to Government agencies
U. S. investment excl. interagency items
(Continued on following page)
Footnotes at end of Table
8.
\
)
.
)
Treasury Bulletin
122
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, June 30, 1966 - (Continued)
(In thousands of dollars)
Housing and Urban Development
Department - (Continued)
Interior Department 13/
Bureau of Indian Affairs
Federal Housing
Admin. -(Cont.
Account
Community
disposal operations fund Ia/
Public
Housing
Programs 15 /
Revolving
fund for
loans
Liquidation
of Hoonah
housing project
Alaska
Railroad
Alaska
Railroad
revolving
fund
Bureau of
Mines
Helium
fund
ASSETS
Cash in banks, on hand, and In transit,,*
Fund balances with the U. S. Treasury 1,
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
,.
•...
Advances to contractors and agents:
Government agenc ies.. ..................
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: U. S. dollar loans
Foreign currency loans,,,,,,,,,,.
Allowance for losses (-)...,,,..,,,,,
Acquired security or collateral (net),,,.
Land, structures, and equipment
,
Accximulated depreciation (-),.,,.,,,,,,
Foreign currencies,....,,, •.,.•, •..,*,••,
Other assets (net), ,,.,,,,,,,,, ,,••,,,«•,
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
Other: Guaranteed by the U. S
Not guaranteed by the U, 5,,....
Other liabilities (including reserves)...
Total liabilities
2,011
69,128
3,574
112
7,729
9U
824
2,210
3,743
2,029
337
548
143,336
59,885
-22,107
21,000
383
-24
149
68
22
479
67
A5
1,049
7,273
57,575
24,239
157
-972
-4,715
-148
1
-75
2,121
-1,419
-27 519
,
10,964
5
9,765
;3,0O8
121,172 16/
141,287
162,778
161
88,102
76
2,571
25
2,734
1,182
352
509
358
89
149,175
121
360
113
418
114
93,054 1/
168
32
778
2,681
4,224
3,877
UEI INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
,,,,,.,,,,,,,,,,,
Borrowings from the U, S, Treasury,..
Other
Noninterest-bearing investment;
Capita 1 stock .....,,,,,,,,,,,
,,,
Appropriations,,,....,,,,,,,.,.,,.,,,
Capitalization of assets (net),,,,,,.
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-),,,,.,,,,,,,,,,,,,,,,.,,,.
Total United States interest
41,000
45,283
1,000
2,033,360
246,357
24,699
85,70i
-61,000
-15,054
-2,224,596
2,782
-4,383
56,121
23,098
9,765
149,175
23,098
United States investment,,,,,,..,,,.,,,..
Accumulated net income, or deficit (-)..,
24,704
-15,054
2,280,717
-2,224,596
27,481
-4,383
U, S. investment incl. interagency items.
9,651
56,121
23,098
Interagency items:
Due from Government agencies (-),,,,..,
Due to Government agencies
-396
1
-22
670
U. S. investment excl. interagency items.
9,255
56,769
Total liabilities and investment,..,.,,,,
-119
192,685
20,423
-73,888
-2,153
72,370
121
137,063
158,901
141,287
162,778
240
-119
139,221
-2,158
36,531
72,370
121
137,063
158,901
-824
434
-2,029
136,674
157,065
240
248
AMLYSIS OF UNITED STATES INVESMEWI
Footnotes at end of Table 8.
23,008
(Continued on following page)
121
193
Bureau of Commercial Fisheries
Federal ship
mortgage
insurance fund,
fishing vessels
i
.
December 1966
123
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, June 30. 1966
-
(Continued)
(in thousands of dollars)
Interior Department
Bureau of
Commercial
Fisheries (Continued)
Account
Fisheries
loan fund
ASSETS
Cash in banks, on hand, and in transit,..
Fund balances vrith the U. S. Treasury 1/'.
Investments:
Public debt securities (par value)
Securities of Ctovemment enterprises...
Unamortized premium, or discount (-)-..
Other securities
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: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-)
Acquired security or collateral (net),,..
Land, structures, and equipment..........
Accximulated depreciation (-)..••.......
Foreign currencies. . •..••••.•••...••••«..
•••
Other assets (net)
6,867
IJ/' -
(Continued)
Labor Department
Bureau of Reclamation
Fund for emergency expenses,
Fort Peck
Project, Mont
764
Upper
Colorado
River Basin
fund
Expansion
of defense
production
10,893
Farm labor
supply
revolving fund
305,096
42
Postal
fund 18/
166,688
380,621
907
55,138
39,896
9,648
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock, ,.,........,.........•'
Borrowings from the U. S, Treasury..
Other
Noninterest-bearlng investment:
••
*
Capita 1 stock.
Appropriations .,..,....,.•.•..••>...
Capitalization of assets (net)......
•
Other
Accumxilated net income, or deficit (-)
Deposits of general and special fund
revenues (-)....................••••
Total United States interest
Total liabilities and investment
ANALYSIS OF UNITED STATES INVESTMENT
United States investment......
Accumulated net income, or deficit (-)...
interagency items,
Interagency items:
Due from Government agencies (-)
Due to Government agencies
U. S. investment excl. interagency items,
U. S. investment incl.
(Continued on following page)
S.
405
Advances to
unemployment
trust fund 17/
15,928
33
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.
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Footnotes at end of Table
Post Office
Department
Bureau of Employment
Security
124
s
,
.
December 1966
125
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
2.
-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, June 30, 1966
(Continued)
(in thousands of dollars)
Veterans' Administration - (Continued)
Account
ASSETS
Cash in banks, on hand, and in transit..
Fund balances with the U. S. Treasury 1/
Investments:
Public debt securities (par value)....
Securities of Government enterprises..
Unamortized premium, or discount (-)..
Other secui'it ies
Advances to contractors and agents:
....•...•.•..
Government agencies.
•
Other
receivable:
Accounts and notes
agencies..
Government
Other (net)
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
•••
Government agencies
Other: U. S. dollar loans
loans.
.........
currency
Foreign
Allowance for losses (-)
Acquired security or collateral (net)....
Land, structures, and equipment
Accumulated depreciation (-)
Foreign currencies. ...,........••.••••••
•
Other assets (net)
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
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing Investment:
Capital stock. ...........••••••••••••
Borrowings from the U. S. Treasury...
Other
Noninterest-bearlng investment:
••
•
Capital stock.
Appropriations
',""\
Capitalization of assets (net)
••••
Other
Accumulated net income, or deficit (-).
fund
Deposits of general and special
revenues (-).......*..••••••••*••••
Direct
loans to
veterans
and
reserves
423
1,002,271
Rental,
maintenance,
and repair
of quarters
Loan
guaranty
revolving
fund
Servicemen'
group life
insurance
fund
134
5a
1,420
19
1,698
1,955
100
10,
i78,574 10'
4,683
5,107
534,084 10/
258
1,264
38
14
148,223
6,467
7,002
1,504,662
875,792
34,194
15,884
18
16
134
6,414
52
20,334
880
956
9,135
38.197
17.771
39,153
18,651
1,016
44,345
16,772
2/
1,424,360
4,500
2,028
-37,238
-1,980
1,683
134
4,500
-37.238
2,028
-1.980
1.683.
48
1,683
134
-32,738
-32,738
48
1,683
134
859,020
134
134
1,504,662
875,792
1,424,360
35.957
955,206
-96.187
investment incl. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
1,460,317
859,020
items.
U. S. investment exol. interagency
1,469,452
35,957
9,135
859,020
(Continued on following page)
Footnotes at end of Table 8.
1,160
100
1.460,317
U. S.
Veterans'
reopened
insurance
fund
18,772
134
AMALYSIS OF UNITED .STATES INVESTMENT
...........
United States investment
Accumulated net income, or deficit (-)...
fund
Soldiers'
and
sailors'
civil
relief
12
257
182,750
649,488
305,718 22/
-96,187
Total United States Interest
Total liabilities and investment
Servicedisabled
veterans'
insurance
126
rr
.
.
December 1966
127
.
Table
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
2.
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, June 30, 1966
-
(Continued)
(In thousands of dollars)
Federal Home Loan Bank
Board - (Continued)
Federal Savings and Loan
Insurance
Corporation
Home Ovmers'
Loan
Corporation
(liquidated)
Panama
Canal
Company
Saint
Lawrence
Seaway
Development
Corporation
Small Business
Administration
Revolving
fund
Lease
guarantees
revolving
fund
Tennessee
Valley
Authority
United States
Information
Agency
Informational
media
guaranty fund
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 1/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
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: U. S, dollar loans
Foreign currency loans
Allowance for losses (-)
Acquired security or collateral (net),...
Land, structures, and equipment
Accumulated depreciation (-)...........
Foreign currencies.
Other assets (net)
Total assets....
LIABILITIES
Accounts payable:
Govemioent agencies. ...................
Ot her
Accrued liabilities:
Government agencies.
Ot her
Advances from:
Government agencies.. ..................
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
Other; Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury. .
Other
Nonintereat-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
ANALYSIS OF UNITED STATES INVESTMENT
United States investment.................
Accumulated net income, or deficit (-)...
52,024
7,286
345
5,134
5,403
84
45
54
718,147
5,000
384
45,054
317
1,516,701
-3,204
29,906
3,793
4,896
12,463
29,882
537
101
3,144
66
20,987
1,045
7,969
24,583
38,719
-540
U,348
201
14,683
143,878
1,260,64525/
-41,750
83,573
-51,995
4,288
774,087
-293,253
35
-14
3,166,118
-775,222
131,340
-9,490
268
1,802,989
345
5U.079
122,618
1,107
3,894
32
67
1,781
3,756
2,498
169
242,345
3,874
1,556
29_
40
62
2,749,477
586
11,560
611
459
34,000
148
48,446
253
832
1,132
5,000
1,367
1,238
1,700
192
38
10
137
157
829
266
12,346
161
365.003
285,000
13,751
24,353
2,793
426,030
337.702
1.515
100,000
22,056
11
48,765
49,082
345
330,670
124,776
16,243 26/
891,313
908,687
18,052
5,000
1,932,807
50,230
665
1,753,907 27/
1,753,907
1,802,989
345
328,738 28/
-221,918
-22,985
141,005
-21,194
489,726
119.825
1.578.747
5.000
2.401.775
-929
514,079
122,618
2,004,777
5.000
2.749.477
586
348,721
Ul,005
141,019
-21,194
1,800,665
-221,918
5,000
2,083,037
328,738
22,056
-22,985
1,753,907
489,726
119,825
1,578,747
5,000
-929
1,753,907
2,411,775
investment incl. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
-3,793
3.080
2.530
-20,987
60.006
-7,969
2.991
1.367
11
122,355
1,617,767
438
1,753,918
489,013
2,406,797
U. S. Investment exol. interagency items.
U.
S.
Footnotes at end of Table 8.
5,000
i
)
128
Treasury Btdletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
I - Statements of Financial Condition
Intragovernmental Revolving Funds, June 30, 1966
Section
Table
3.
-
(in thousands of dollars)
Legislative
Branch
Total
Government
Printing
Office
ASSETS
Cash in banks, on hand, and in transit
Fund balances with the U, S, Treasury l/.
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)
,
,
Total assets
4,621
2,757,308
26,055
51,558
1,115,122
109 , 507
6,604,389
-6,074
678,095
-276,918
388,078
,
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Governmtent agencies
Other, .
Bonds, debentures, and notes payable:
Government agencies,
Other:
Guaranteed by the United States
Not guaranteedl by the United States,
Other liabilities (including reserves),.
393,358
Total liabilities
3,697,811
NEI 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.
565,222
444,901
6,628,771
115,037
7,753,932
11,451,742
1,472
6,639
)
)
.
December 1966
129
CORPORATIONS AND CERTAIN OTHER BUSINESS-TWE ACTIVITIES
Table
3.
Section I - Statements of Financial Condition
Intragovernmental Revolving Funds, June 30, 1966 - (Continued)
-
(In thousands of dollars
Commerce
Department( Continued
Account
Working
capital
fund
ASSETS
Cash in banks, on hand, and in transit,.
Fund balances with the U, S, Treasury 1/
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 agenc ies
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)
,
,
Total assets
'
272
Defense Department
Defense agencies
Air Force Department
Defense
stock
fund
Defense
industrial
fund 2/ 1/
365,706
55,796
Stock
Industrial
fund 2/
fund
Army Department
83
587,266
17,605
5,848
3,000
137,828
Industrial
fund 2/
Stock
fund
19
23,595
861
155
141,786
45
1,994,106
3,681
228
1,088
107,822
8,398
277,817
126,811
4,170
1,330
951
-553
25,627
6,737
28,046
212,674
70,787
2,443,963
39
1,913
4,140
7,043
220,832
1,631
1,725
2,527,152
60,792
536,005
142,354
2,965,943
655,174
15,191
182,682
349
19,54A
49,292
113,769
4,592
38,649
239,974
93,922
13,833
22,789
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 a gene ies
8,042
23,863
1,068
307
V
479,106
42
V
Other:
Guaranteed by the United States
Not guaranteed' by the United States,
Other liabilities (including reserves)..
278
907
Total liabilities
INVESTMEMI
United States Interest:
Interest-bearing investment:
Capital stock
Borrowings from the U, S, Treasury,.
Other
Noninterest-bearing investment:
Capital stock
Appropria tions
Capitalization of assets (net)
Other
Accumulated net income, or deficit {-]
Deposits of general and special fund
revenues (-)
106
638
197,978
-26,785
15,289
-1,444
52,132
136,276
59,598
M2,452
591,764
NEI
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,
-
y
2,633,491
63,410
2,633,491
63,410
,'^43
655,174
70,099
12,657
2,633,491
63,410
82,756
2,633,491
63,410
399,723
82,756
2,527,152
60,792
536,005
142,354
330
439
2,329,174
32,881
-969
399,728
818
2,329,174
31,912
399,728
2,329,174
y
12,657
-969
31,912
818
Total liabilities and investment.
ANALYSIS OF UNITED STATES INVESTMEOT
United States investment
Accumulated net income, or deficit (-).,
399,728
2,329,174 i/
i39
Total United States interest...
71,000
-901
31,571
1,310
100
280
2,9c;
-861
629
-141,786
15,191
-3,681
8,391
-107,822
49,292
-126,811
4,592
-230,278
239,974
-31,475
492,939
36,622
341,198
-39,463
524, "74
2,202,579
2,643,187
536
(Continued on following page)
y
130
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
3.
-
Section I - Statements of Financial Condition
Intragovernmental Revolving Funds, June 30, 1966
(In thousands of dollars)
(Continued)
December 1966
131
.
Table
3.
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE
ACTIVITIES.
Section I - Statements of Financial
Condition
Intragovernmental Revolving Funds, June
30, 1966
-
(Continued)
.
Treasury Bulletin
132
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
3.
-
Section I - Statements of Financial Condition
Intragovernmental Revolving Funds, June 30, 1966 -(Continued)
(In thousands of dollars)
,
December 1966
133
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
I - Statements of Financial Condition
Certain Other Activities, June 30,1966 -Part Al/
Section
Table
4.
-
(in thousands of dollars)
Agency for International
Development
Total
Foreign
currency loans
U.S. dollar
Farmers'
Private
enterprises 2/
and foreign
currency
loans
Home
Administration 2/
3,954
2,109
28,556
1/
Assgrs
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
,
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: U. S. dollar loans.........
Foreign currency loans...
••
Allowance for losses (-)
Acquired security or collateral (net)....
.,
Land, structures, and equipment
Accumulated depreciation (-)......,....
Foreign currenc les, .........,.*......•.••
Other assets (net)... ..•.•.•..... .,..•••.
8,654,737
-3,505,520
780,768
3,617,652
Total assets.
45,811,694
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:
>
Governioent agencies
Other: Guaranteed by the U, S
Not guaranteed by the U. S
Other liabilities (including reserves).,.
•
Total liabilities.
NET IN VESTMENT
United States interest:
Interest-bearing investment:
.•••..•..,,.•**.<
Capital stock
Borrowings from the U. 3. Treasxn^, ,,
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
ANALYSIS OF UNITED STATES INVESTMEWI
United States investment
Accumulated net incomej or deficit (-)..•
investment incl. interagency items.
Interagency items:
..
Due from Government agencies (-)
Due to Government agencies
U. S. investment exol. interagency items.
U. S.
Footnotes at end of Table
Agriculture Department
4,858
5,808,041
Defense
Department
Maritime
Administration
Military
assistance
credit
sales
26
307
34,077
323,762
V
2,650
7,196,278
9,433
24,933
30
150,321
2,057,259
6,480,532
109,241 6/
1,018
4
77
9
23
4,592
7,119
998
171
12
773,046
556,549
9,538,659
3,684,905
-23,569
4,033
45,629
62
136,838
583
1,669,696
3,546,925
1,374
4,274,404
79,646
137,980
-26
-9,090
2,918
-1,205
848
-415
1,549
U9
2'
3,557,648 7/
-3,323,915 §/
330
603,383
60,700
10
319,728
6,041,638
32,888
4,436,789
1,392,551
62
16
65
72
2,769
879
658
2,240
25
10
414
124,173
177,384
319,696
832,591
12,482
14,415
138,308
741.771
1,549
2
1
60,597
13,921
724
1,071
1,036
1,621,251
57,737 W,/
3,000,782
70,219
4,923,082
689,309
63,711
1,954
193,337
4,233,773
1,549
-132,760
-405,125
-395,923
-141,650
4,130,790
2,512,515
-8,331
-4,311,455
-902.935 IX'
-256.262
-1.'562
-1r-l2^.305
22,512
4,434,836
1,199,214
1,549
4,436,7
1.392.551
1-349
6,722,930
-80,665
-3.150.293
42,810,911
-78.asi
IV
1,373
3U,274
479,244
319,728
6,364
10,376
818,071
-143,374
29,593,735
2,459,214
13,066,321
-4,081,143
5,971,419
45,811,69~
319,728
6,041,638"
46,892,054
-4.081.143
400,303
-80,665
6,376,544
418,435
-W5.923
576,486
-141.650
5,510,669
-4.311.455
1,549
-<105.125
42,810,911
319,728
5,971,419
22,512
4,434,836
1,199,214
1,549
-109,241
12,482
-1,018
720
-23
95
5,874,660
22,214
^. 434.908
-932,800
394,710
^2, 272, 821
319,728
(Continued on following page)
1
Rural
Electrification Administration
Commerce
Department
32,8
i.,
-4,622
3,503_
1.198.094
1.349
.
Treasury Bulletin
134
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
4.
-
Section I - Statements of Financial Condition
Certain Other Activities, June 30, 1966 - Part A V
(In thousands of dollars)
(Continued)
,
December 1966
135
.
Table
4.
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
-
Section I - Statements of Financial Condition
Certain Other Activities, June 30, 1966 - Part Aj/
-
(Continued)
(In thousands of dollars)
Treasury Department
Civil defense
Miscellaneous and Reconloans and
struction Ficertain other nance Corpoassets
ration loans
in liquidation
ASSCTS
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
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: U, S, dollar loans
Foreign currency loans,.,,,,.,,.
Allowance for losses (-)
,
Acquired security or collateral (net),.,.
,,,,
Land, structures, and equipment,
Accumulated depreciation (-),,,,
,,,
Foreign currencies
•
Other assets (net )•.,.,
Total assets
1,992,010
All
other
Civil Service Commission
National
Aeronautics
and Space
Administration
Salaries
and
expenses
Consolidated
working
fund
Federal
Communications
Commission
Federal
Maritime
Commission
j^
568,568
2,611,403
2,651
353
2,574
262
6,762
24,304
41
10
8,318
74,199
6,321,876
24,046
1,493
150,015
918
36
2,475,973
3,305
53
6,804
285
6,918
453
8,618
682
611
37
215
1,776
389
7,196,278 15/
l,952,UO 16/
11
3
26
773, Oi6
367,410
3,3U,636 17/
608
1,387
5,426
177,228
-1,777
U9
1,770,904
-6,620
1.192.274 18/ 1.176.544 19/
15,595,820
4,405
LIABILITIES
Accounts payable:
agenc
ies,. ,,,,,.,,,,,,,.,,,,
Government
Ot her
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Ot her
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agenc ies,.,,.,,,.,,.......,.
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves).,.
General
Services
Administration
10,110,971
6,470,540
92,396
58,138
215,601
737,351
3
3
611
993
8,197
868
18,060
424
1,380,250
65,116
32.748
1,380,250
224,714
1,004,183
Total liabilities,,,,,. ,,
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
,, ,,•,.,
Borrowings from the U, S. Treasury..,
Other
Noninterest-bearing investment:
,.
,
Capital stock
,
13,075,1U
Appropriations
Capitalization of assets (net),,,,,,.
Other
Accumulated net income, or deficit (-), l,U0,il56
Deposits of general and special fund
revenues (-).,,,,,,,,.,,,,,,,,.,,*..,,
U. 215. 570
Total United States interest
156
75
1,542
84
94
1.680
262
2,941
648
3,240
238
2,617,241
373
162
515
2,849,115
3,305
53
5,162
4,377
9,886,257
564
87
39
34
28
4.405
9,886,257
5.466.356
3.678
215
5.677
15,595,820
4,405
10,110,971
6,470,540
6,918
453
8,618
ANALYSIS OF UNITED STATES INVESTMEhTT
,,... 13,075,114
United States investment
Accumulated net income, or deficit (-)... 1, UP, 456
4,377
9,886,257
5,466,356
3,678
215
5,677
34
9,886,257
5,466,356
3,678
215
5,677
34
-10,892
100.5^2
-30,808
233.661
-918
2.156
-36
159
564
13?
9,975,958
5,669,209
4.916
339
6.240
165
T otal liabilities and investment
28
investment incl. interagency items. 14,215,570
Interagency items:
-773,046
Due from Government agencies (-)
Due to Government agencies
4,405
investment exol. interagency items. 13,442,524
4,405
U, S,
U.
S.
Footnotes at end of Table 8.
(Continued on following page)
-2
Treasury Bulletin
136
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Table
4.
-
Section I - Statements of Financial Condition
Certain Other Activities, June 30, 1966 - Part A V
(In thousands of dollars)
(Continued)
,
December 1966
137
CORPORATIONS AND CERTAIN OTHEK BUSINESS-TYPE ACTIVITIES
Table
Section I - Statements of Financial Condition
4. - Certain Other Activities, June 30, 1966 - Part
BV
(In thousands of dollars)
Agriculture Department
Total
Part B
1/
ASSETS
Cash in baaks, on hand, and in transit...
Fund balances ulth the U. S. Treasury 2/.
Investments:
Public debt securities (par value)...,.
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities. ......................
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: U. S. dollar loans
Foreign currency loans....,,.,,.
Allowance for losses (-)
..,.,
Acquired security or collateral (net)....
Land, structures, and equipment, .........
Accumulated depreciation (-)....-......
Foreign currencies ......... ...,., .,,,,,,,
Other assets (net)..
•....•.,,,,..•.,
Office of
Emergency
Planning
327,315
16,221,945
Office of
Economic
Opportunity
Agency for
International
Development
Agricultural
Research
Service
Soil
Conservation
Service
Consumer and
Marketing
Service
66,469
118,225
377,379
27
316
892
274
19
3,734
1,006
95,797
94
971,113
3,918
1,548,430
1,320
22,000
37,969
5,914
51,128
8,497
13,316
3,312
8,014
731
192
228
1,865
2,630
185,056
-37,661
35,231
-9,697
5,889
-47
654,689
-159
90,457
182,972
138,695
219,699
2,561,228
6
11
448
1,437,U9
329
-14,116
4,090
1,596
1,030,423
U8
33,500,275
-3,869,571
1,682,642
6,431,187 3/
765
94,733
52,016
255,911
3,029
Total assets.. .,. ...••.........•.,,,,,,,,
LIABILITIES
Accounts payable:
Government agencies........ ............
Other
Accrued liabilities:
Government agenc ies
..,,
Other
Advances from:
Government agencies.. ..................
Other
Trust and deposit liabilities:
Government agencies.
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the U. S..,..
Not guaranteed by the U. S. .....
Other liabilities (including reserves)...
60,600,666
147,784
1,067,718
1,945,370
231,901
149,034
389,110
277,653
2,500,352
112,642
5,472
67,098
127,919
132,969
1,290
4,891
1,289
4,155
1,166
486,019
2,048,936
359
6,633
3,107
12,133
1,301
9,897
1,769
36,724
204
1,504
4,160
4,502
50,922
1.501
13.^2'i
17,/. 72
8,055
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
,,,,,
Capita 1 stock
Borrowings from the U. S, Treasury,..
Other
Noninterest-bearing investment:
....•••..
Capital stock..........
Appropriations.. .....,,,,,,,...,,,..,
Capitalization of assets (net)
Other
Accumxilated net Income, or deficit (-).
Deposits of general and special fund
revenues (-).. ..••....•.,, ,,,,...,....
37,962,511
113,723
84,867
317,813
34,743
34,114
47,729
76,424,794
7,028,290
-20,937,365
34,061
888,119
94,733
1,322,845
80,745
123,308
379,745
304,712
116, a3
-8,388
-38,364
Total United States interest
Total lia bilities and investment.........
15
605,373
31,426,643
192,493
224, 3U
44,900
155.797
-37,2U,375
-2,633,18°
22,638,155
60,600,666~
34,061
982,852
1.627,557
197,158
114,920
3a. 382
147,784
1,067,718
1.945,370
231.901
149.034
389.110
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)..,
59,882,530
-37,244,375
34,061
982,852
1,627,557
197,158
114, ''20
341,382
22,638,155
34,061
982,852
1,627,557
197,158
114,920
341,382
interagency items.
-11
6,975
-30,497
132,421
U.
S. investment incl.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
U.
S,
-402,671
1,606,438
investment excl. Interagency items.
Footnotes at end of Table
8.
(Continued on following page)
.
138
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
4.
-
Section I - Statements of Financial Condition
Certain Other Activities, June 30, 1966 - Part B 1/
(In Thousands of dollars)
-
(Continued)
)
December 1966
139
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE
ACTIVITIES.
Table
4.
-
Section I - Statements of Financial
Condition
Certain Other Activities. June 30, 1966 - Part B V
-
(Continued)
(in thousands of dollars)
Defense Department
Account
Civil
defense
Health, Education, and Welfare Department
Army
Department
Corps of
Engineers
Vocational
Rehabilitation
Administration
Food and Drug
Administration
Office of
Education
1,542
6
28,294
2,126,696
32,319
8,/
Public
Health
Service
2/
Saint
Elizabeths
Hospital
2,522,666
14,292
ASSETS
Cash in banks, on hand, and in transit,,.
Fund balances with the U. S, Treasury 2/,
Investments:
Public debt securities (par value),,,,.
Securities of Govemnient enterprises,,.
Unamortized premium, or discount (-),.,
Other securities
,
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:
uovernment agencies.. ,..,..... •..,,.•••
Other: U, S, dollar loans
Foreign currency loans
Allowance for losses (-),,,,,,,,,....
Acquired security or collateral (net),,,.
Land, structures, and equipment,..,.,,...
Accumulated depreciation (-)..,,.,,,,,,
Foreign currencies, , ,,,,,, •.••«,•,,,.•••.
Other assets (net).,,,.,,.,,,.,,,,,,,,,..
Total assets... •,,•.,,,,.•••.,, •.....,,,.
LIABILITIES
Accounts payable:
Government agenc ies,,,,,,,. ............
Other
Accrued liabilities:
Government agenc ies.,,,.,
,
Other
Advances from:
Govemment agencies,, .,,,,,,.,,,,,,,,,,
Other
Trust and deposit liabilities:
Government agencies
,
Other
Bonds, debentures, and notes payable:
Government agencies, .,....,
Other: Guaranteed by the U. S.
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
117,028
i27,831
1
1,866
20
i68
66,636
1,U3
28,093
143
382
135
15
35
129
19
19
7,471
1,960
31
10,192
2,977
5,5a
a
2,510
300
119
627
61
777,634
1,833
10,269,555 ig
9,576
124,725
1^,058,798
38,580
162,271
9i
39,227
253
532,960
U,232
3,040,344
32,648
3,116,175
61,635
102
852
407
546
106
2,019
1,509
1,211,792
300
195
235
1,987
134
2,226
37
25,768
317,287
213,447
124
889
873
1,692
-i3-i,701
3.766,877
195,266
337
186
2.064
78
1.542
6.130
337
lhS,/fil
3,181
4,933
27,930
1,7U,908
3,201
117,028
19,56i,818
25,789
9,610
2,133,052
902,359
4,465
253
796,508
574,758
11,511
46,924
77,901
34,983
-4,915,285
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 assets (net)....,,.
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)... .,,.......,,,••. .......
19i,929
-794.212
13,8°0,304
35,39°
3,035,411
4,718
1,371,267
58,434
Total liabilities and investment,.,,,,,,,
105,266
14,058,7^8"^
38,580
3,040^344
32,648
3,116,175
61,635
ANALYSIS OF UNITED STATES INVESTMENT
United States investment,,,,,,,,,,,,,.,,.
Accumulated net income, or deficit (-),.,
19^,929
18,805,589
-4.915.285
35,399
3,035,411
4,718
1,371,267
58,434
19i;,929
13,890,304
35,39Q
3,035,411
4,718
1,371,267
58,434
S, investment incl. interagency items.
Interagency items:
Due from Government agencies (-),,
Due to Government agencies,,,,,......-.
-1,886
-29,236
-278
337
-7,471
541
-19
143
-15,732
318,796
-300
425
investment excl. interagency items.
13,861,068
3,028,481
4,842
1,67^,330
58,559
193,0^3
Total United States interest
U,
U. S,
Footnotes at end of Table
8.
(Continued on following page)
)
uo
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Section
Table
4.
-
I
-
Statements of Financial Condition
Certain Other Activities, June 30, 1966
-
Part
BV
(Continued)
(in thousands of dollars)
Health, Education, and Welfare
Department - (Continued)
Account
ASSETS
Cash in banks, on hand, and in transit...
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents:
Government agencies......... .... .......
Other
Accounts and notes receivable:
Government agencies
Ot her (net
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-).............
Acquired security or collateral (net)....
Land, structures, and equipment
Accumulated depreciation (-).,....,....
Foreign currenc ies.......................
Other assets (net).
Tota 1 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
Other: Guaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriat ions
........•....*....
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
Welfare
Administration
11/
896, i22
Office of
the Secretary
12/
56,605
Other
Housing
and Urban
Development
Department
Office of the
Secretary
252,036
233,453
67
290
i8
85
13
247
716
-32
7,518
-1,954
i.
Interior Department
Bureau
of Land
Management
Bureau
of Indian
Affairs
Bureau
of Outdoor
Recreation
18,929
49,409
123,926
15,141
84
3,185
1,172
10,157
76
322
502
265
290
606
84
9,572
1,175
4,017
109,348
242
4,135
1,046
108,137
489,912
5,146
22,241
15,787
240,335
175,379
673,081
134,983
10,363
37
221
19
76
897,580
62,543
256,739
-1,749
340
119
72
4
8,208
6,772
13,624
229
879,280
38
130,807
654
363
34,215
863
565
180
521
1,360
5,237
5,937
142
111
85
262
25
3,009
473
363
892,550
36, 4^2
138,783
17,159
9,304
16,773
874
i,431
500
20,750
5,301
113,846
4,110
219,993
1,046
2,137
37,964
39,468
Ul,327
128,111
616,840
521
8
-7,912
155
5,030
26,051
117,956
223,176
166,075
656, 308
134,110
897,580
62,543
256,739
240,335
175,379
"673 ,081
134,983
ANALYSIS OF UNITED STATES INVESTMENT
United States investment........ .........
Accumulated net income, or deficit (-)...
5,030
25,051
117,956
223,176
166,075
655,308
142,022
-7.912
U. S. investment incl. interagency items.
Interagency items;
5,030
26,051
117,956
223,176
166,075
656,308
134,110
Due from Government agencies (-),......
Due to Government agencies.............
-152
4,977
9,856
-247
34,594
60,398
-268
131,444
249,132
-606
-15,141
1,360
152,294
-7,201
5,937
-10,233
179
655,043
124,056
U, S.
investment excl, interagency items.
Footnotes at end of Table 8.
(Continued on following page)
4_
222,575
.
December 1966
Ul
.
Table
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
4.
Section I - Statements of Financial Condition
Certain Other Activities, June 30, 1966 - Part Bl'
-
(Continued)
(In thousands of dollars)
Interior Department
-
(Continued)
Fish and Wildlife and Parks
AaSCTS
Cash in banks, on hand, and In transit,..
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value)
Securities of CJovemment enterprises...
Unamortized premium, or discount (-)...
Other securities
Advances to contractors and agents:
(jovernment agencies.. ..................
Other
4
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: U. S. dollar loans
Foreign currency loans........
Allowance for losses (-)
Acquired security or collateral (net)..
.,
Land, structures, and equipment.
Accumulated depreciation (-)
Foreign currenc ies*. ....•......••.....<
Other assets (net )................-...
Geological
Survey
27,i84
16,345
5,701
1,270
14,714
-1,085
Bureau
of Mines
Bureau of
Commercial
Fisheries
27,062
118
15
243
Bureau of
Sports
Fisheries and
Wildlife
26,423
83,495
73
210
269
135
10,965
969
68
Bureau
of
Reclamation
National
Park
Service
70,120
44,194
1,560
12
119
3,161
3,328
759
2,413
11,505
4,289
107,961
1,731
..•..«..•••..,
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
Other: Giiaranteed by the U. S
Not guaranteed by the U. S
Other liabilities (including reserves)...
Tota 1 assets.
Total liabilities
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 assets (net)
Other
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)...............•........-
Total United States interest
Total liabilities and investment
Office of
Territories
47,380
254,574
1,779,816
-8,692
3,839,525
-57,887
2,618
57,486
-3,255
64,140
2,785
13,995
9,722
230,885
899,905
30,102
52,908
94,376
99,239
349,038
2,051,967
4,881,003
105
2,151
3,230
93
1,998
1,484
18,259
7,383
859
35,039
44
9,151
90
4,335
5
1,351
760
1,236
280
1,755
157
2,8U
13,409
-337,051
5,489,898
778,110
573,296
150,137
-398.162 14/
360
8.732
18,492
4,202
3,000
20,171
21,254
40,043
61,374
64,734
54,340
264,133
2,011,020
2,618
66,866
63,798
1,140
35,618
27,284
2,038,553
-a, 485
29,902
3,765
12,297
2,823
7/
-5,065 7/
-1,773,387
-8,079
-1,178
-145
-113
74,416
90,174
96,240
328,867
2,051,967
4,881,003"
5,218,054
'
30,102
92,908
94,376
99,239
349,038
74,416
131,659
5,067,917
150,137
-a,485
101,304
-5.065
2,038,558
29,902
328,867
United States investment...... ...........
Accumulated net income, or deficit (-)...
96,240
5,218,054
74,416
90,174
2,038,558
29 ,902
328,867
investment incl. interagency items.
Interagency items:
Due from Government agencies (-).
Due to Government agencies........
-118
1,443
-269
1,236
-969
1,755
-1,560
2,844
-2,425
4,624
90
-5,701
6,486
97,206
2,039,842
5,220,253
29,992
91,499
329,652
investment excl. interagency items.
,
AMLYSIS OF UNITED STATES INVESTMENT
U.
U.
S.
S.
Footnotes at end of Table 8.
(Continued on following page)
142
•-
,
December 1966
U3
CORPORATIONS AND CERTAIN OTHER BUSINESS-TXPE ACTIVITIES
Table
Section I -Statements of Financial Condition
4. - Certain Other Activities, June 30, 1966 - Part Bi'
-
(Continued)
(In thousands of dollars)
Treasury Department - (Continued)
Bureau
of the
Mint
Account
ASSETS
Cash In banks, on hand, and In transit...
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discount (-).,.
Other securities
Advances to contractors and agents:
Government agenc les.. .......... ........
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: U. S. dollar loans
Foreign currency loans, .........
Allowance for losses (-).............
Acquired security or collateral (net)....
Land, structures, and equipment.........
Accumulated depreciation (-).........••
Foreign currencies. ....•......•.•..••...•
Other assets (net)
Total assets
LIABILITIES
Accounts payable:
Government agencies.
Other
Accrued liabilities:
Government agencies. •......••.........*
Other
Advances from:
•«•
Government agencies
Other
Trust and deposit liabilities:
Government agenc ies.
Other
Bonds, debentxires, and notes payable:
Government agencies
Other: Guaranteed by the U. S
Not guaranteed by the U. S. .....
Other liabilities (including reserves)..,
42,518
Bureau
of the
Public
Debt
10,773
United
States
Coast
Guard
Internal Revenue Service
Revenue
accounts
61
208,248
Administrative
accoxints
251,327
18,357
65,389
60,326
146,225
16,
1,526,966
654,683
-159
li6
5,709
12
14,477
566
33
777
1,286
62,514
-2,024
2
1,374
3,298
46,
93
904
1,350
2,301,198
2
329
U6
241
11,131
80
137
2,624
53,707
54,261
1,101,197
-11,007
4,090
119
148
8,747,500
-3,194,952
1.270
16,420
-7,301
1,682,642
99.166
114,271
2,705,740
8,650,622
4,641
30,198
5,587
2,474
27,648
147,406
7,353
5,830
1,948
138,846
9,110
583,000
8,435
942
4,555
4,394
10,596
74,828
-29,892
20,468
-4,521
5,059
993,425
48.611
3.378
65,595
19,130
1,328,188
2,574,408
7,286
20,943
43,256
197
878
1,345
2,866
361,819
31,417,49217,
19,996
3,328
3,721
415
5,531
6,875
394
6.816
1.918
7.806
122.653
60.446
29.465
26.381
31,595,389
118,608
633,799
363,706
9,574
129,933
40,510,036
-13,912
1,725,9U
555
11,987
12,166
12,074
59,768
38,257
617
167,625
1,100,795
15,172
6,439
53,429
7,056
1,268,420
-29,020,981
-4,338
19,130
1,328,188
2,574,408
114,271
65,5°5
53,429
7,056
1,268,420
-29,020,981
investment inol. interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies....... .....
53,429
7,056
1,268,420
-5,742
752
1.760
investment excl. Interagency items.
48,439
Total liabilities
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 assets (net)
Other
Accumulated net Income, or deficit (-).
Deposits of general and special fund
revenues (-)...................•-••••
Atomic
Energy
Commission
Other
'
Total United States interest
Total liabilities and Investment
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)...
U.
U.
S.
S.
Footnotes at end of Table 8.
-29,020,98118,
216,064
-32,168,287 7/
2.071,941
2,705,740"
8.286.916
__8^50.622
-4,338
1,855,877
216.064
40,455,203
-32.168.287
-29,020,981
-4,338
2,071,941
8,266,916
-53,707
43,256
-1,442
24.637
-80
-15,254
23,271
595 .-858
/nr^'77
18.857
2 667.219
8 271^686
1,276,437
-28.977,724
-54.833
8,816
(Continued on following page)
.
Treasury Bulletin
144
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table
4.
Section I - Statements of Financial Condition
Certain Other Activities, June 30, 1966 - Part Bl
(in thousands of dollars)
Accoimt
-
(Continued)
)
December 1966
.CORPORATIONS AMD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section
Table
I
5.
-
- Statements of Financial
Condition
Certain Deposit Funds, June 30, 1966
(In thousands of dollars)
Farm Credit Administration
Accoxint
Banks
for
cooperatives
Total
ASSETS
Cash in banks, on hand, and In transit
Fund balances with the U, S, Treasury i/
Investments:
Public debt securities (par value)
Securities of wholly owned Govt, enterprises.
Unamortized premium, or discount (-).........
Other securities
Advances to contractors and agents:
Government agenc ies...........
....•••
Other
Inventories
Allowance for losses (-).
Accounts and other receivables:
Government agenc ies...
Other (net
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
93,577
96,261
13,307
99
5,460,332
47,492
-21,726
-405
U
i.
Total assets
160,291
17,192
3,iOO
10,959,17i
-15,578
1,000
1,107,727
-13,942
573
573
11,658
-1,888
21,902
1,336
-525
789
16,768,023
1,174,643
4,638
160,852
1,391
13,765
LIABILITIES
Accounts and other payables:
Government agenc ies
Other
Advances from:
Government agencies.
Other
Trust and deposit liabilities:
Government agenc ies. ................ .......
Other
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the United States
Not guaranteed by the United States.
All other liabilities (including reserves)...
10,080,100
266,364
Total liabilities
11,541,061
189
1,025,519
3,400
NET INVESatENT
Private interest:
Capital stock
AcGumxilated net income, or deficit (-).
1,531,312
314,607
1,845,919
Total private interest.
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 (-)
3,204,681
3,381,044
Total United States interest
Total liabilities and investment
176,362
-•
16,768,023
ANALYSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)
176,362
3,204,681
Total U. S. Investment including interagency items.
Interagency items:
Due from Government agencies (-)
Due to Government agencies
3,381,044
Total U. S. investment excluding interagency items.
3,385,867
1/
2/
2/
V
-3,404
8,227
See Table 1, footnote 4.
See Table 2, footnote 3.
Includes $9,423 thousand in process of retirement.
The net income is not available by law for dividend distribution
146
.CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIYITIES.
I - Statements of Financial Condition
Certain Trust Revolving Funds, June 30. 1966
Section
Table
6.
-
(In thousands of dollars)
Agriculture
Department
Account
Farmers'
Total
Home
Administration
1/
State rural
rehabilitation
funds
ASSETS
Cash in banks, on hand, and In transit,...
Fund balances with the U. S. Treasury 2^/..
Investments:
Public debt securities (par value)
Securities of Government enterprises..,.
Unamortized premium, or discount (-),.,.
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agenc ies
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)
5
99,733
A52,982
1
-6,686
5i,555
20,291
/62
Total assets
LIABILITIES
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit, liabilities:
Government agenc ies
Other
Bonds, debentures, and notes payable:
Government agencies
60,3^5
2,/67
26,878
3/,i29
Other:
Guaranteed by the United States
Not guaranteed by the United States..
Other liabilities (including reserves),,.
3,269,379
16,233
Total liabilities
3,i09,732
NET INVESTMENT
Trust Interest:
Principal of fund
Capltalizatijn of asdets (net)
Accumulated net income, or deficit (-).
Total truiit interest
United ocates 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
203,03-i
506,^13
709,5/,6
lii
1,820
iS.ooQ
100,810
i, 310, 088
.
'
December 1966
U7
.CORPORATIONS AMD CERTAIN OTHER BUSDffiSS-TlTE ACTIVITIES.
Table
6.
-
Section I - Statements of Financial Condition
Certain Trust Revolving Funds, June 30, 1966 - (Continued)
(In thousands of dollars)
Justice Dept.
(Continued)
Federal Prison
System
Account
Commissary
funds, Federal
prisons
General
Services
Administration
National
Archives
trust fund
Civil Service Commissio
Employtes'
health
benefits
fund
Employees
life
insurance
fund
Retired
employees'
health
benefits
fund
Federel
Communications
Commission
International
telecoraraunication
settlements
ASSETS
Cash in banlcs, on hand, and in transit....
Fund balances vd.th the U. S. Treasury 2/..
Investments:
Public debt securities (par value)
Securities of Government enterprises....
Unamortized premium, or discount (-)....
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agenc ies
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)
247
i28
11,789
5,339
1,367
102
57,126
394,414
1,134
-3
-U2
-6,535
-4
36,290
10,570
17,158
28
1
637
3,6/1
U
30
-23
26
263
585
-105
63
223
-21
424,
Total assets
36
2
162
198
11
-6
'43
360
293
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
86
32
45,858
14,000
58
333
77
100
952
U,460
1,787
59,308
410,135
755
5°, 308
410,135
Other:
Guaranteed by the United States
Not guaranteed by the United States.
Other liabilities (Including reserves)..
253
2° 3
Total liabilities
NET INVESTMENT
Trust interest:
Principal of fund
Capitalization of assets (net)
Accumulated net income, or deficit (-).
Total trust interest.
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury.
Other
Noninterest-bearlng 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
Footnotes
1
through
'
on preceding page.
10S"'l
67
:
:
U8
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES,
Table
7.
-
Section I • Statements of Financial Condition
Loans Outstanding June 30, 1966, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans!/
(In thousands of dollars)
United States dollar loans
Foreign
Type of loan and lending agency
Total 2/
To aid agriculture :
Loans to cooperative associations:
Farmers' Home Administration:
Direct loan account
Rural Electrification Administration
Crop, livestock, and commodity loans:
Ccanmodity Credit Corporation
Farmers' Home Administration:
Direct loan account
Emergency credit revolving fund
Storage facility and equipment loans:
Ccmmodity Credit Corporation
Farm mortgage loans
Farmers' Home Administration:
Agricultural credit insurance fund
Direct loan account
Rural housing insurance fund
Rural hous ing loans
Other loans:
EconCTnic opportunity loan fund:
Loans to aid farmers and rural families
Farmers' Heme Administration:
Direct loan account
Rural housing and other loans
Senior citizens' rental and rural housing loans
Total to aid agriculture
To aid home owners :
Mortgage loans:
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation
Housing and Urban Development Department:
Federal Housing Administration:
Community disposal operations fund
Revolving fund
Federal National Mortgage Association:
(fenagement and liquidating functions
Special assistance fxjnctions
Public Housing Programs
Interior Department:
Bureau of Indian Affairs:
Liquidation of Hoonah housing project
Veterans' Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
Other loans:
Veterans' Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
Total to aid heme owners
To aid industry :
Loans to railroads:
Expansion of defense production:
Treasury Department
Other purposes:
Interstate Commerce Commission
Treasury Department:
Reconstruction Finance Corporation loans in liquidation
Ship mortgage loans:
Ccamnerce Department:
Federal ship mortgage insurance fund
>fa.ritime Administration
Other loans
Expansion of defense production:
Interior Department
Treasury Department,
Defense production guaranties:
Air Force Department
Army Department
Navy Department
Other purposes:
Commerce Department:
Economic Development Administration:
Econcmic developnent fund
Federal ship mortgage insurance fund
87,788
4,27^,^04
Public enterprise
revolving funds
87,788
2.199,351 a/
2,199,351 A/
1,32^
1,32^
120, US
120,^8
32,189
32,189
197,125
197,125
329,82/i
329,824-
32,^70
65-i,lH
65i,lU
^5,62^
^5,624
707,661
1,536
30.535
707,661
162
30,535
8,71^,393
4.438,615
U3. 878
14.3,878
7,273
7,273
129,094
32,4.70
129, 09i
y
825.2a 5/
905,3^0
825,24a i/
173
173
157
157
905,3-CO
5/
«3,018 5/
13,718
Certain other
activities
currency-
loans J/
:
:
December 1966
L49
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE
ACTIVITIES.
Section
Table
I
-
Statements of Financial Condition
-Loans Outstanding June 30, 1966, Excluding Interagency Loans and
Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans (Continued)!
7.
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total 2/
To aid industry (Continued) :
Other loans (Continued)
Other purposes (Continued)
Housing and Urban Development Department:
Office of the Secretary:
Urban mass transportation fund
Interior Department:
Bureau of Commercial Fisheries:
Federal ship mortgage insurance fund, fishing
vessels
Fisheries loan fund
Geological Survey
Small Business Administration:
Revolving fund (lending operations)
Treasury Department:
Civil defense loans
Reconstruction Finance Corporation loans in liquidation
5,A00
393
5,984
1,731
939,419 6/
476
16'3
Total to aid industry
To aid education :
Health, Education, and Welfare Department:
Office of Education:
Loans for construction of academic facilities
Loans to institutions and nonprofit schools
Loans to students in institutions of higher education
Public Health Service:
Loans to institutions and nonprofit schools
Housing and Urban Development Department:
Office of the Secretary:
College housing loans
2,2U,O0
Total to aid education
3,056,592
To aid States, Territories, etc.
3-C,527
:
Commerce Department;
Economic Development Administration:
Economic -development fund
General Services Administration:
PMblic Works Administration (in liquidation)
Health, Education, and Welfare Department:
Public Health Service
Housing and Urban Development Department:
Office of the Secretary:
Liquidating programs
Public facility loans
Urban renewal fund
Public Housing Programs
Interior Department:
Bureau of Reclamation
Office of Territories:
Alaska public works
National Capital Planning Commission
Treasury Department:
Miscellaneous loans and certain other assets
Total to aid States, Territories, etc
Foreign loans
Foreign military sales fund:
Defense Department
Military assistance credit sales:
Defense Department
Other purposes:
Agency for International Development:
Alliance for Progress, development loans
Development loans
Development loan fund liquidation account
Loans to United States firms and domestic or foreign
firms in foreign countries
All other loans
Commerce Department:
Maritime Administration
Export-Import Bank of Washington:
Regular lending activities
Treasury Department:
Miscellaneous loans and certain other assets
26,000
56,7A9
i,700
6,252
212,681
222, 25A
56,835
107,961
893
767
I60,6ii5
355,737
:
Total foreign loans
-i3,306
l,5ii9
800, 18i
2,273,380
286,6^6
1,669,696
1,381
3,611,792 2/
3,153,951
11, 8a, 88^
Public enterprise
revolving funds
5,^00
:
.
150
Treasury Bulletin
CORPORATIONS AND CERTAIN OTHER BUSINESS-TB'E ACTIVITIES
Table
Section I • Statements of Financial Condition
Loans Outstanding June 30, 1966, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued) i/
7.
-
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Public enterprise
revolving funds
Total 2/
Other loans
General Services Administration:
Surplus property credit sales and liqaidation activities
Housing and Urban Development Department.
Office of the Secretary:
Housing for the elderly or handicapped
Liquidating programs
Rehabi T itation loan fund
Public Housing Programs
Interior Department:
Bureau of Indian Affairs:
Loans for Indian assistance
Revolving fund for loans
Small Business Administration:
Revolving fund (lending operations)
State Department:
Loans to United Nations
Treasury Department:
Miscellaneous loans and certain other assets
Veterans' Administration:
Insurance appropriations policy loans
Service-disabled veterans insurance fund
Soldiers' and sailors' civil relief
Veterans' reopened insurance fund
Veterans' special term insurance fund
Vocational rehabilitation revolving fund
Certain other
activities
Foreign
currency
loans 2/
:
U7,«7
2/
V
147,457
4,151
567
567
9
24,239
321,225 10/
321,225 10/
102,074
102,074
40
40
1,020
1,020
21
5,107
14
21
7,050
7,050
39
89
734,012
510,390
29,479,056
18, 909, Q'^.'.
•;,107
u
Total other loans
1/
i,151
2^,239
'
Total loans
120,479
120, i79
Includes purchase money mortgages, mortgages purchased from insured
lending institutions to prevent default, and similar long-term paper
held by the agencies which are nov classified as loans receivable.
Prior to June 30, I960, these assets had been classified as accounts
and notes receivable or other assets.
Does not include foreign currency loans.
The dollar equivalents of these loans are computed for reporting purposes at varying rates. Where the loan agreements stipulate a dollar
denominated figure, the loans outstanding are generally valued at
agreement rates of exchange. Loans executed in units of foreign currency are valued at the market rates (i.e., the rates of exchange at
which Treasury sells such cxirrencies to Government agencies).
Certificates of interest amounting to $855 million, issued against
certain of these loans, were outstanding as of June 30, 1966.
Has been reduced by participation certificates issued under trust
agreements by the Federal National Mortgage Association, Participation Sales Fund. The face amounts of participation certificates out-
223,622
,
'•6~
,o;?r
4,808,512
standing for these programs as of June 30, 1966, were:
(In millions
of dollars)
Federal National Mortgage Association:
Special assistance functions
655
130
Management and liquidating functions
Veterans Administration
769
Direct loans to veterans and reserves
206
Loan guaranty revolving fund
Participation certificates amounting to $290 million, issued against
certain of these loans, were outstanding as of June 30, 1966.
Public enterprise revolving fund.
Certain other activity.
Participation certificates amoxmting to $1,385 million, issued
against certain of these loans, were outstanding as of June 30, 1966.
Participation certificates amounting to $60 million, issued against
certain of these loans, were outstanding as of June 30, 1966.
'
6/
2/
8/
2/
10/
6
.
December 1966
151
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE
ACTIVITIES.
T
1'°''
K,
o
T
'
S***«"«°t« Of Financial Condition
?%'*'"''* T°*' ^^ ^"*°^^ '"' All BuBiness-Type
P
J" H
Excluding
Interagency Loans but Including Foreign
Activities
Currency llans
Part A. -Classified by Types of Loans
{In millions of dollars
)
To aid agriculture
End of
period
Total
1/
Total
to aid
agriculture
i|
Fiscal years:
1955
1956
1957
1958
1959
1960
19,420.5
20,547.5
21,812.9
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
41,630.0
Agricultural
credit
corporations
Cooperative
associations
To aid home owners ^/
Crop, livestock, and
commodity
loans 2/
Farm
mortgage
loans
4?, 989.
6,361.7
6,789.6
6,827.5
6,913.4
8,489.7
7,797.5
8,428.3
9,793.0
10,872.8
11,743.9
12,269.7
IP.'^U."
844.6
894.4
996.5
1,227.0
1,547.4
1,697.8
1,832.2
1,998.6
2,293.5
2,507.3
2,686.6
3,067.9
2,604.4
2,774.4
2,979.3
3,191.6
3,509.3
3,748.2
3,974.4
4,231.0
4,413.8
4,656.6
5,045.8
5,467.0
2,234.0
2,452.9
2,089
1,688
2,526
1,360
1,532
2,272
2,623
2,839
2,600
2,321.1
20,506.3
21,091.5
22,755.6
25,851.1
28,277.7
31,122.6
34,849.2
37,728.2
40,421.0
43,035.8
45,915.0
6,715.4
6,785-4
6,681.1
8,684.9
7,762.5
8,299.5
9,453.1
10,376.5
11,289.6
11,773.7
12,471.7
686.5
733.6
928.8
1,160.5
1,396.4
1,502.0
1,651.2
1,841.9
2,100.0
2,256.1
2,516.3
2,721.7
2,954.1
3,152.0
3,394.2
3,715.4
3,948.3
4,168.0
4,350.7
4,649.0
4,949.0
5,302.8
2,669.7
2,441.6
1,840.7
3,333.9
1,752.8
1,871.3
2,486.2
2,816.9
2,982.3
2,859.8
2,663.7
596.4
289.8
357.5
399.5
484.3
530.4
608.5
768.2
931.0
1,048.0
30...
31...
41,355.0
43,366.7
30.
.
U,327.5
31
.
47,897.7
10,890.0
12,365.1
11,687.0
13,202.3
2,383.6
2,734.1
2,708.0
4,750.5
5,040.2
5,119.4
5,445.7
1,855.9
3,113.9
1,840.5
2,894.8
1,025.1
1,066.6
1,177.9
1 ,314.1
1961
1962
1963
1964
1965
1966
634.1
275.3
314.2
359.2
454.0
504.5
558.5
661.6
838.0
992.6
,137.5
1,234.8
Other
44.6
392.5
Total
to aid
home
owners
Mortgage
loans
Othe
703.8
748.4
799.2
822.9
3,094.8
3,377.7
4,380.5
4,628.2
5,872.7
7,563.6
7,763.2
8,340.6
7,050.3
6,699.2
6,228.3
6,741.4
3,094.6
3,302.7
4,276.0
4,473.5
5,641.6
7,247.0
7,371.9
7,874.2
6,685.8
6,243.9
5,704.3
6,185.5
74.9
104.5
154.7
231.1
3I6.6
391.3
466.4
364.5
455.3
523.9
555.9
41.2
366.2
401.9
396.7
413.5
447.5
539.2
598.8
627.3
660.8
748.7
3,204.4
3,771.4
4,768.6
4,860.3
6,735.1
8,032.2
8,248.3
8,244.8
6,910.5
6,602.8
5,867.3
3,204.1
3,683.1
4,642.0
88.3
126.6
737.3
760.8
6,622.7
6,253.1
5,928.7
6,756.4
6,122.0
5,708.4
500.6
5,376.1
552.6
674.1
U8.2
U7.3
452.0
486.1
530.9
629.1
.2
Calendar years:
1955.
1956.
1957.
1958.
1959.
I960.
1961.
1962.
1963.
1964.
1965.
Current quarters
1964-September
1965-Harch
September
1966-March
1,240.1
4,671.8
6,462.1
7,679.1
7,807.9
7,814.9
6,486.9
6,055.3
5,271.3
.3
188.
273.
353.1
440.
429.
423.
547.
596.
;
.
2,521 .3
8I5.I
839.7
6,082.3
5U.7
8
5
1
8 6
7
'
'
6 4
5
Treasury Bulletin
152
_^__^__ CORPORATIONS
AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 8. - Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans - (Continued)
Part B. - Classified by Agencies
(In millions of dollars)
Comme rce
Dept.
Agriculture Department
Agency
End of period
Fiscal years
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
1965
1966
for
International
Development 7/
Total
1/
Development
loan
fund 8/
Commodity
Credit
Corporation
Farmers
Home
Administration
2/
I^ritime
activities
Office
of the
Secretary
Office of
Education
Federal National
Association
Mortgage
Federal
Housing
Admin- Manageistra- "isnt and
tion 22/^^'!"*"
dating
Secondary
market
Special
assistance
Public
Housing
Administration
:
Calendar years
19,420.5
20,547.5
21,812.9
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
41,630.0
44,726.1
48,989.6
1,691.6
1,885-5
2,111.3
2,436.7
2,894.2
3,263.1
3,655.5
5,027.1
6,123.0
7,415.8
9,007.7
9,838.4
20,506.3
21,091.5
22,755.5
25,851.1
28,277.7
31,122.6
34,849.2
37,728.2
40,421.0
43,035.8
45,915.0
1,766.8
1,994.6
2,194.8
2,682.3
3,042.6
3,381.9
4,433.1
5,222.5
6,604.1
8,129.3
9,629.1
41,355.0
43,366.7
44,327.5
47,897.7
7,842.4
2,137.4
2,319.0
1,994.3
1,600.0
2,480.3
1,347.0
1,522.8
2,254.9
2,601.8
2,814.8
2,533.9
2,231.5
1.5
67.0
262.1
513.5
769.
810.
866.
902.
962.
1,013.
1,110.
1,322.
1,582.
1,793.
2,027.
2,188,
2,285.6
2,413.2
2,585.8
2,773.6
2,973.5
3,186.5
3,367.4
3,524.6
3,693.7
3,869.3
4,072.3
4,274.4
11/
276.1
270.4
235.0
208.0
179.1
152.3
130.2
126.2
113.1
107.3
119.5
260.7
276.5
265.4
2?6.3
195.2
171.3
141.3
123.1
119.7
117.2
105.4
111.1
114.7
105.8
106.2
5a.
229.4
308.2
456.7
477.2
679.5
905.4
1,116.8
1,433.1
1,755.8
2,074.0
2,420.5
777.6
.1,843.1
.7
.6
.5
.4
30.8
72.7
130.7
205.2
295.5
409.1
56.6
166.7
202.2
291.8
348.7
244.3
145.7
136.4
2,584.5
2,495.6
2,356.5
2,218.5
2,030.4
1,726.5
1,587.1
1,416.6
1,270.6
1,123.4
1,019.2
905.3
233.4
1,248.1
1,393.6
1,573.8
2,600.5
2,522.3
2,871.3
2,133.1
2,021.0
2,069.4
3,717.6
85
648
1,635
1,380
2,049
2,903
2,871
2,846,
2,061,
1,996,
2,519,
1,983.2
2,029.8
2,165.0
3,271.1
9.1
99
90,
24.6
V.4.2
94,
91,
,."11 .1
89,
,690.1
,828.8
,907.6
,612.2
,499.5
,116.6
93,
97,
97,
825.2
57.
93,
48,
59.
:
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
1965
Current quarters
1964 -Sept. 30.
1965-Mar. 31..
Sept. 30.
1966-Mar. 31..
Interior
5.9
159.3
378.8
8,6U.3
9,244.8
9,963.5
2,620.8
2,348.9
1,778.1
3,298.4
1,745.0
1,876.6
2,506.5
2,835.2
2,987.6
2,845.7
2,631.9
,139.9
,363.5
,575.7
,756.0
,044.0
2,348.0
2,488.2
2,687.6
2,874.4
3,082.7
3,^87.3
3.458.4
3,600.3
3.784.3
3,956.5
4,192.3
1,835.8
3,059.0
1,783.5
2,820.4
1,813.2
1,913.2
2,073.1
2,250.0
3,908.7
3,996.4
4,130.0
4,247.6
681.3
757.6
832.1
8a.
915.9
983.9
Veterans
Treasury Department
Dept.
Expansion of
defense
production
End of period
Fiscal years
Rural
Electrification
Administration
Housiing and Urban Development Deparl.ment 10/
Health.
Education, and
Welfare
Dept.
A'iininistratioi)
RFC (in
liquidation)
Expansion of
defense
prod.
Other
General
Services
Adminis- Direct
tration loan
program
15/
.6-
.6
.5
111.5
179.4
255.6
344.4
476.6
635.8
457.2
532.4
610.5
719..^
Baiilf
67.4
1,625.4
1,907.1
2,318.2
2,587.3
183.3
236.2
321.3
353.2
168.7
133.0
2,555.7
2,417.8
2,289.9
2,124.3
1,949.5
1,659.5
1,507.9
1,339.8
1,174.3
1,113.7
826.5
2,174.5
2,361.7
2,526.7
2,715.3
189.8
159.2
140.7
131.4
1,128.5
1,080.2
982.8
336.6
570.1
835.1
1 ,007.7
1,243.3
.3
Export-In^jort
of Washington
264.3
352.4
356.7
revolvinj
fund 22/
r-xpan-
sion of
defense
production
Other
,779.1
,881.2
,889.8
,537.1
,397.3
981 .8
92.9
106.0
105.4
95.9
87.4
99.3
95.4
151.6
134.6
46.6
75.1
1,441.8
1,155.6
1,013.1
1,032.1
58.9
49.9
59.7
Farm Credit Administration
Fpiieral
Loan
guaranty
5.6
72.2
418.
,568.4
Banks
for
cooperatives
Farm
Mortgage
Corporation 18/
Federal
intermediate
credit
banks
FeJ. Home
Loan Bank
Small
Board
Business
Other
Admin22/
istraFed. home
tion
loan
banks
:
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
1965
1966
Calendar years
1955
1956
1957
1958
1959
I960
1961
1962
1963
1964
1965
11.9
14.5
16.9
18.8
14.6
14.3
13.3
12.3
10.9
9.4
202.1
116.5
70.4
170.9
185.4
180.2
181.7
159.4
152.9
121.6
3,601.0
3,555.2
3,509.5
3, 522. ,5
81.1
79.9
162.7
165.9
173.7
154.8
152.6
158.3
8.1
53.0
17.9
16.7
3,470.5
3,406.2
3,369.4
3,348.7
3,323.5
3,263.1
3,297.9
6.5
14.4
J, J20.
121 .3
84.
83.4
82.3
370.2
433.3
521.3
694.1
824.7
1,054.9
1,228.7
1,343.2
1,275.4
1,252.3
1,145.0
478.6
60.5
78.3
106.8
156.8
231.8
315.6
388.5
461.0
354.5
22.3
30.3
36.5
32.4
28.4
24.4
15.1
4a.
504.0
534.1
321.7
2,773.6
2,581.5
349.1
2,530.2
334.3
410.0
3,061.3
3,485.5
525.9
3,258.0
553.1
596.7
3,414.9
3,712.2
693.4
702.2
3,815.6
759.2
3,533.0
3,511.9
932.3
1,107.7
3,511.8
11.6
2.702.2
2,663.1
11.6
3.9
2.2
27.8
31.2
34.6
37.8
47.6
234.9
237.0
397.4
521.2
597.2
749.0
723.8
846.6
897.7
996.5
1,227.0
1,547.4
1,697.8
1,830.9
1,998.1
2,292.7
2,507.3
2,685.6
3,066.3
1,016.9
1,173.4
1,079.4
929.5
1,537.1
1,759.8
1,869.4
2,767.1
3,269.8
4,758.9
5,585.9
6,783.1
689.4
733.5
928.8
1,159.0
1,395.9
1,501.7
1,651.2
1,840.9
2,100.0
2,252.5
2,515.8
l,a6.8
1,228.2
1,265.2
1,298.3
2,134.3
1.980.3
2.662.2
3,479.0
4,784.2
5,324.5
5,996.9
,109.5
31.5
33.7
234.7
333.7
424.1
598.2
555.5
842.5
2,520.8
2,382.6
2,730.6
2,708.0
4,837.0
4,747.0
5,801.8
5.687.5
838.8
970.0
1,023.0
.228.6
717.6
594.5
784.4
866.9
34.9
85.1
154.8
245.5
346.5
393.7
456.0
644.7
726.2
801.
1,003.7
1,260.6
:
Current quarters :
1964-Sept. 30.
1965-Mar. 31..
Sept. 30.
1966-Mar. 31..
13.2
15.8
18.0
14.7
14.3
13.6
12.7
11.6
10.0
8.6
7.8
8.9
8.3
7.9
7.1
Footnotes on page 155.
143.2
89.4
185.8
178.6
177.5
176.3
164.9
161.7
126.5
112.0
17.3
16.4
3,552.9
3,507.1
3,557.5
3,469.9
3,406.3
3,353.3
3,318.8
3,308.3
3,261.0
3,264.6
3,294.1
17.5
16.9
16.5
15.1
3,263.7
3,266.3
3,273.3
3,303.5
51.1
83.8
82.6
81.5
80.3
a2.8
149.0
161.9
170.4
463.8
640.4
745.6
893.8
1,146.7
1,309.3
1,379.9
1,255.1
1,259.3
570.7
148.7
161.2
175.8
180.2
1,258.4
1,163.4
868.5
577.2
79.1
163.1
165.5
162.2
68.2
91.2
129.2
190.0
272.8
351.3
435.5
422.1
ai.7
530.1
573.9
485.,:
526..-'
531.4
652.0
23.5
38.2
34.4
30.4
26.4
22.3
8.0
3 005
3,332.1
3,231.3
3,290.5
3.893.8
3,580.7
3.610.5
3,472.3
3,398.2
,
.
3,-Ml."^
3,454.'j
375.1
457.1
454.5
511.3
522.9
650.1
597.1
736.5
842.0
962.9
1,057.0
811.5
1,009.4
3,333.9
945.0
3,377.6
138.0
54.1
115.6
202.9
292.8
370.8
427.5
539.5
695.9
754.2
902.5
29.7
30.4
a.
I
)
December 1966
153
,
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotes to Table
Business-type activities reporting pursuant to Department Circular
1/
No. 966.
Activities reporting pursuant to Supplement No. 1 (Revised) to Department Circular No. 966. These are mainly not business-type activities.
Excluded from the June 30, 1966, figxires are those activities of
the Department of Defense, which have not yet furnished the data
required by the Supplement.
Exceptions are indicated in footnote 2.
These amounts consist in the main of unexpended balances of general,
special, and revolving fund accounts against which checks may be
drawn to pay proper charges under these funds. The funds are considered as assets of the agencies, but are not assets of the United
States Government since funds must be provided out of cash balances
of the Treasurer of the United States and future receipts to take
care of checks to be issued against the balances.
Includes foreign currency assets, representing loans and other
receivables recoverable in foreign currency as well as balances of
2/
2/
4/
^
Footnotes to Table
1/
2/
2/
u
6/
2/
8/
9/
See Table 1, footnote KForeign currency assets are included throughout the table (see Table
1, footnote 5).
Certain corporations and other business-type activities that have submitted statements of financial condition guarantee and insure loans
made by private financial institutions and insure deposits in banks
and savings and loan associations. These commitments are excluded
from their balance sheets. The major agencies that have these items
and the principal amounts thereof are as follows:
Amount
(In millions
Activity
of dollars)
27
Foreign military sales fxind
Agency for International Development:
167
fxind
guaranty
Foreign investment
Agriculture Department:
Farmers' Home Administration:
887
Agricultural credit insurance fund
122
Rural housing insurance fund
Commerce Department:
4-52
fund
insurance
Federal ship mortgage
Housing and Urban Development Department:
Office of the Secretary:
1 j 660
Urban renewal fund
Federal Housing Administration:
52,091
Revolving fund
Public Housing Programs:
4jA91
Local housing authority bonds and notes
926
Local housing authority temporary notes
Veterans' Administration:
16,301
Loan guaranty revolving fund
50
Export-Import Bank of Washington
(December
Corporation
31,
Insurance
Deposit
Federal
209 ,690
1965
Federal Home Loan Bank Board:
109, 56^
Federal Savings and Loan Insurance Corporation....
J-97
Interstate Commerce Commission
Small Business Administration:
2i5
Revolving fund
2^
Defense production guaranties (various agencies)
Represents transfers of principal and interest to miscellaneous
receipts of the United States Treasury.
Includes operating and administrative expenses funds.
Certificates of interest araountine to S855 million, issued against
certain of these loans, were outstanding June 30, 1966.
the United
Represents noninterest-bearing public debt borrowings from
Stat.
States Treasury pursuant to an act approved November 2, 1965 (79
1
foreign currencies in United States depositaries, aggregating $7,3^.1
million in dollar equivalent. These currencies, acquired primarily
without the payment of dollars, were generated under various Government programs, principally the Agricultural Trade Development and
Assistance Act of 195^^» as amended, and the Mutual Security Acts, as
amended.
Dollar equivalents are computed for reporting purposes, to
provide a common denominator for the currencies of the many countries
involved.
Foreign currencies on hand and on deposit and loans under
section lOi (e) of the Agricultural Trade Development and Assistance
Act of 195A> as amended, are stated at the rates as of June 30, 1966,
at which the United States could purchase currencies on the market for
regular operating purposes. Other loans are stated at the rates at
which they are to be repaid or at rates in effect when the loans were
Currencies that are dollar denominated or guaranteed as to
extended.
rate of exchange are stated at rates specified in the agreements.
Less than $500.
10/
2
Has been reduced by participation certificates issued under trust
agreements by the Federal National Mortgage Association, participation sales fund. The face amounts of participation certificates
outstanding for these programs as of June 30, 1966, were:
(In millions
11/
12/
12/
W
1^
16/
of dollars)
Federal National Mortgage Association:
655
Special assistance functions
130
Management and liquidating functions
Veterans' Administration:
769
Direct loans to veterans and reserves
206
Loan guaranty revolving fund
Represents unrealized purchase discoxints.
Includes unrealized equity in assets of the Defense Homes Corporation
in liquidation by the Association and certain allowances.
A statement for the Virgin Islands Corporation, formerly shown under
this heading, was not received for inclusion in this table.
This fund was formerly shown under the Office of the Secretary.
Name changed from Public Housing Administration by an act approved
September 9, 1965 (5 U.S.C. 624 et seq.).
Includes helium stored underground for future use amounting to $120
million.
Represents the fund known as "Advances to employment security administration account, unemployment trust fund."
Figures in this column are preliminary. The cash and fund balances
order
and receivables include sufficient funds to pay for resources on
Governof $221 million. These resources on order are a part of the
ment equity in the Postal Service.
12/ Valued at cost, estimated if not knoim.
to $115 million.
20/ Includes construction work in progress amounting
million based
21/ Receivables do not include contingent receivables of $3
orders.
on contested Civil Aeronautics Board
(1) contingent liabilities of %UU million
22/ Liabilities do not include:
hands of the
for pending suits and damage claims; (2) postage in the
for as
public which, for practical considerations, has been accounted
leases.
long-term
for
revenue when sold; and (3) undetermined amounts
to noninterest-bearing investment pur22/ Changed from interest-bearing
and August
suant to acts approved February 29, 1964 (78 Stat. U7),
30, 1964 (78 Stat. 661).
amounting to $1,385 million, issued
yj Participation certificates
1966.
against certain of these loans, were outstanding June 30,
issued against
Participation certificates amounting to $350 million,
1966.
certain of these loans, were outstanding June 30,
on borrowings from the United
26/ Represents accrued interest expense
been deferred.
States Treasury Department on which payment has
17/
W
^
27/
28/
1178).
Included beginning June 30, 1966.
Formerly known as the Government mortgage liquidation fund.
^ .,„
Represents primary and secondary reserves.
.,,.
.„j „„
net
million and
Consists of net income from power operations of $651
million.
of
$322
programs
expenses of nonrevenue-producing
Less than $500.
Footnotes to Table
1/
V
See Table 1, footnote U.
Includes Defense Communications Agency.
as
Excludes capital property such as land, structures, and equipment
follows: Defense agencies, %b million; Air Force, $1,679 million;
Army, $1,711 million; and Navy, $3,116 million.
agencies
Represents prepayments for orders made by other Government
to this fund.
5/
^
6/
9
3
appropriations, reappropria
Consists mainly of capital representing
accumulated net "'^""^
tions, capitalization of assets, and
°^^f^on
not shown separately
Figures for each of these amounts were
cit.
the report submitted by the fund.
agency.
Subject to disposition by the administrative
Less than $500.
Treasury Bulletin
154
•CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotes to Table
1/
2/
2/
6/
2/
2/
10/
11/
12/
Business-type activities reporting piorsuant to Department Circular No.
966.
u/
Represents the Cooley login program established pursuant to the Agricultural Trade Development and Assistance Act of 195A» as amended
(7 U.S.C. 170^ (e)).
Represents other loans, salaries, and expenses.
Loans shown in this column are in liquidation.
See Table 1, footnote A*
Represents amounts due from other appropriations to cover undisbursed
loan agreements financed out of grant appropriations.
Includes assets in use, vessels, and other assets held primarily for
mobilization, and vessels held for scrapping.
Represents depreciation on assets in use and on mobilization assets,
and allowance for losses on vessels held for scrapping.
Foreign currency assets are included throughout the table {see Table
1, footnote 5).
Includes deferred income of $56 million.
Represents transfers of principal and interest to miscellaneous receipts of the United States Treasury.
Represents judgments in favor of the United States. Does not include
14/
16/
17/
18/
12/
20/
4
Footnotes to Table 4
i/
5/
6/
7/
8/
2^
10/
11/
M/
12/
14/
15/
See Table 1, footnote 2.
See Table 1, footnote J^.
Includes construction work in progress by various agencies amounting
to $5,132 million.
Consists of Agricultural Research Service, Cooperative State Research
Service, Extension Service, Farmer Cooperative Service, Economic Research Service, Statistical Reporting Service, Foreign Agricultural
Service, International Agricultural Development Service, Commodity
Exchange Authority, Agricultural Stabilization and Conservation Service, Rural Community Development Service, Office of the Inspector
General, Office of the General Counsel, Office of Information, National Agricultural Library, Office of Management Services, and general administration.
Represents assets and liabilities of the Bureau of Public Roads
exclusive of trust and deposit funds.
Consists of general administration and other activities. Economic
Development Administration, Patent Office and National Bureau of
Standards.
Represents nonrevenue -producing operations.
Represents civil activities exclusive of the intragovemmental revolvIncludes the Atlantic-Pacific Interoceanic Canal Study
ing fund.
Commission.
Includes Federal Water Pollution Control Administration.
Includes $2,550 million which is the value of improvements provided by
the Federal Government 'for channels, harbors, local flood protection
projects, alteration of bridges, and other types of work. These items
have been excluded from the annual report of real property owned by
the Government furnished to the General Services Administration.
Consists of Bureau of Family Services, Children's Bureau, and Office
of the Commissioner.
Includes National Technical Institute for the Deaf.
Consists of Administration on Aging, Social Security Administration,
special institutions - Freedmen's Hospital, Gallaudet College, and
Howard University.
Includes $586 million representing the Bureau's repayment obligation
This amount is
for Corps of Engineers investment allocated to power.
offset in "Capitalization of assets" under "Net investment."
Consists of: Bureau of Accounts, air conditioning the Bureau of
Engraving and Printing buildings account, Bureau of Narcotics, Office
16/
17/
18/
19/
20/
»
-
Part
A
allowance for uncollectible items.
Represents interest on invested capital.
Includes Public Works Administration (in liquidation) and strategic
and critical materials formerly shown separately.
Includes stock of the International Bank for Reconstmction and
Development amounting to $635 million; and subscriptions to the
International Monetary Fund, the International Finance Corporation,
the Inter-American Development Bank, and the International Development Association amounting to $5,160 million, $35 million, $800 million, and $42^ million, respectively.
Includes $199 million due under the agreement with Germany dated
February 27, 1953, $375 million due under the agreement with Japan
dated January 9, 1962, and lend-lease and surplus property balances
due the United States in the principal amount of $1,378 million.
Includes loan to the United Kingdcm amounting to $3,14-9 million.
Includes buildings and land improvements and construction work in
progress amounting to $1,120 million.
Includes construction work in progress amounting to $1,176 million.
See Table 2, footnote 3Less than $500.
•
Part B
of the Treasurer, United States Secret Service, Comptroller of the
Currency, Exchange Stabilization Fund, and foreign currencies acquired
without dollars.
Does not include the cash balance in the account of the Treasurer of
the United States.
Represents primarily prepayments of estimated tax and depositary
receipts received prior to assessment of the related tax liability.
This account has a debit balance because the estimated amount of tax
and other prepayments received has exceeded the amount of assessments
made.
Includes the John F. Kennedy Center for the Performing Arts and the
National Gallery of Art.
Consists of Legislative Branch - Government Printing Office nonrevolving funds, and land and structures not capitalized; Executive Office
of the President - the White House Office and special projects,
Bureau of the Budget, Council of Economic Advisers, National Aeronautics and Space Council, National Security Council, Office of
Science and Technology, special representative for trade negotiations,
and other miscellaneous funds; Funds appropriated to the President Peace Corps, Philippine education program, public works acceleration,
and southeast hurricane disaster; and independent agencies - Civil
Aeronautics Board, Commission on Fine Arts, Commission on Civil
Rights, Equal Employment Opportunity Commission, Farm Credit Administration securities. Federal Coal Mine Safety Board of Review, Federal Development Planning Committee for Alaska, Federal Radiation
Co\incil, Federal Trade Commission, Foreign Claims Settlement Commission,
General Accounting Office, historical and memorial commissions, Indian
Claims Commission, intergovernmental commissions. Interstate Commerce
Commission, National Capital Planning Commission, National Capital
Transportation Agency, National Commission on Food Marketing, National
Commission on Technology, Automation, and Economic Progress, National
Council on the Arts, National Foundation on Arts and Humanities, National
Labor Relations Board, National Mediation Board, President's Advisory
Committee on Labor-Management Policy, President's Commissions on Law
Enforcement and Administration of Justice and Crime in the District of
Columbia, Public Land Law Review Commission, Renegotiation Board,
Securities and Exchange Commission, Subversive Activities Control Board,
Tariff Commission, Tax Court of the United States, United States Arms
Control and Disarmament Agency, and Water Resources Council.
Less than $500.
'
\
1
December 1966
155
.COKPOR/KPIOHS AHD CERTAIR OTHER BDSIRESS-TTFE ACTIVITIES.
Footnotes to Table 8
1/
2/
2/
4/
y
G/
7/
S/
^
10/
11/
12/
Table 8 relates to all loan programs of Government agencies.
It includes not only the United States dollar and foreign currency loans
summarized separately in Table 7, but also the loans made, all in
United States dollars, by deposit funds (Table 5) and trust revolving
Pursuant to an amendment issued June 23, I960, and
funds (Table 6).
a supplement issued June 16, 1965, to Department Circular No. 966,
Table 8 now includes purchase money mortgages, mortgages purchased
from insiired lending institutions to prevent default, and similar
long-term paper (see footnote 1 at end of Table 7).
Includes guaranteed loans held by lending agencies and certificates
of interest.
The major portion of the loans of the Veterans' Administration loan
guaranty revolving fund is included under "Mortgage loans" in 1955
and under "Other" to aid home owners thereafter,
Includes guaranteed loans held by lending agencies at the close of
certain periods, participation certificates beginning June 30, 1963,
and the loan to the United Kingdom.
See footnote 13.
Includes loans to insurance coi^anies amounting to $3.i million as of
June 30, 1955, and $3.1 million as of December 31, 1955.
This agency was established in the Department of State, and the International Cooperation Administration and the development loan fund were
abolished on November 3, 1961, pursuant to an act approved September
i, 1961 (75 Stat. <W5), and Executive Order No. 10973 dated November
Loans of the abolished agencies were transferrred to this
3, 1961.
Agency and a new fund for development loans was established. Data
for earlier periods are for predecessor agencies.
This fund was abolished on November 3, 1961 (see footnote 7).
Consists of the emergency credit revolving fund; the agricultural
credit insurance fund; State rural rehabilitation funds beginning
June 30, 1956; the direct loan account beginning December 31, 1961;
the rural housing for the elderly revolving fund from June 30, 196i,
through June 30, 1965; the rural housing direct loan account beginning
September 30, 1965; the rural housing insurance fund beginning December
Prior to June 30, 1956, December
31, 1965; and other loan programs.
31, 1961, and September 30, 1965, loans of the agricultural credit
insurance fund, the direct loan account, and the rural housing direct
loan account, respectively, were included in statements of nonrevolving fund loan programs.
Formerly Housing and Home Finance Agency. This new Department was
established pursuant to an act approved September 9, 1965 (79 Stat.
667).
Includes urban renewal loans authorized by the Housing Act of 1949,
as amended(42 U.S.C. 1i52 (a)); college housing loans authorized by
the Housing Act of 1950, as amended (12 U.S.C. 17W); loans held by
the revolving fund established by an act approved June 2A, 1954 (68
Stat. 295); as of December 31, 1955, public works planning loans
authorized by the Housing Act of 1954 (40 U.S.C. 462); beginning
December 31, 1956, public facility loans authorized by the Housing
Amendments of 1955 (42 U.S.C. 1491); as of December 31, 1956, June.
30, 1957, and from June 30, 1960 through March 31, 1966, loans of
the community disposal operations fund authorized by the Atomic
Energy Community Act of 1955, as amended (42 U.S.C. 2311) (this fund
was transferred to the Federal Housing Administration as of June 1,
1966); beginning December 31, 1961, loans for housing for the elderly
or handicapped authorized by the Housing Act of 1959, as amended
(12 U.S.C. 1701q); beginning March 31, 1965, loans authorized by the
Urban Mass Transportation Act of 1964 (49 U.S.C. 1601); and beginning
December 31, 1965, rehabilitation loans authorized by the Housing Act of
1964 (42 U.S.C. 1452b).
From June 30, 1956, through March 31, 1960, mortgage notes and sales
contracts which had previously been classified as loans were classified
These assets have
as other assets and were not included in this table.
now been reclassified as loans, and beginning June 30, 1960, are Included
Beginning June 30,
in this table (see footnote 1 at end of Table 7).
1966, figures in thl" column include loans of the community disposal
operations fund (see footnote 11).
No loans were reported prior to December 31, 1955.
Beginning with
that date, certain mortgage notes have been reported and are classified as mortgage loans.
li/ On September 29, 1953, pursuant to an act approved July 30, 1953 (15
U.S.C. 609), the Reconstruction Finance Corporation started liquidation of its activities, except those carried on pursuant to Section
409 of the Federal Civil Defense Act of 1950 (50 App. U.S.C. 2261)
and expansion of defense production activities carried on pursuant to
the Defense Production Act of 1950, as amended (50 App. U.S.C. 20912094), which had been transferred to the Secretary of the Treasury as
of September 28, 1953, and as of the close of business on September
28, 1953, respectively.
Effective at the close of business June 30,
1954, pursuant to Reorganization Plan No. 2 of 1954, certain functions and related assets of the Corporation were transferred to the
Export-Import Bank of Washington, the Federal National Mortgage Association, and the Small Business Administration.
On July 1, 1954, 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 June 29, 1954.
The Corporation was
abolished effective at the close of business June 30, 1957, by Reorganization Plan No. 1 of 1957, and the remaining functions of the
Corporation were transferred to the Housing and Home Finance Administrator, Administrator of General Services, Administrator of the Small
Business Administration, and the Secretary of the Treasury.
15/ Consists of the loan to the United Kingdom and other miscellaneous
loans. Federal civil defense loans. Reconstruction Finance Corporation loans in liquidation beginning December 31, 1957 ( see footnote
14), and loans of the Federal Farm Mortgage Corporation liquidation
fund from December 31, 1961 through June 30, 1965 (see footnote 18).
16/ Figures through December 31, 1959, consist of loans of the Public
Works Administration (in liquidation). Figures beginning June 30,
I960, include also; loans of Federal Facilities Corporation (this
Corporation was dissolved September 30, 1961, pursuant to the act
of August 30, 1961 (75 Stat. 419), and the loans are being liquidated by the Administrator of General Services), the Reconstruction
Finance Corporation liquidation fund through September 30, 1963,
surplus property credit sales (see footnote 1 at end of Table 7),
and loans acquired pursuant to the Defense Production Act of 1950,
as amended (50 App. U.S.C. 2091) through December 31, 1960.
17/ The Veterans' Administration loan guaranty program became a revolving fund effectiv July 1, 1961, pursuant to an act approved July
14, 1960 (74 Stat. 533).
18/ From June 30, 1956, through March 31, I960, notes receivable which
had previously been classified as loans were classified as other
These notes have now
assets and were not included in this table.
been reclassified as loans, and from June 30, 1960, through June
October
column.
On
this
included
in
4, 1961, this
were
1961,
30,
Corporation was abolished pursuant to an act approved October 4,
1961 (75 Stat. 773), and its remaining assets were transferred to
the Secretary of the Treasury for liquidation.
19/ The major portion of the loans is held by: Department of the Interior - Indian loans, fisheries loan fund beginning June 30, 1957,
Bureau of Reclamation beginning June 30, 1959, and Alaska public
works loans beginning June 30, 1960; Department of the Army - guaranteed loans (World War 11) through December 31, 1957; Federal
12/
Savings and Loan Insiirance Corporation, Defense Department (military
assistance credit sales), and State Department beginning June 30,
1960; Commerce Department - area redevelopment fund beginning Jijne
foreign
30, 1962 (now known as the economic development fund); the
military assistance fund beginning September 30, 1965; and agencies
as
Act
of
Production
1950,
Defense
reporting loans pursuant to the
amended (50 App. U.S.C. 2091), which consist of the Departments of
the
the Air Force beginning June 30, 1956, Ariny, and Navy, and
General Services Administration as of December 31, 1959.
•
Less than $50,000.
.
Treasury Bulletin
156
.CUMULATIVE TABLE OF COHTENTS.
January 1966 through December 1966
Issue and page number
1966
Article:
Treasury financing operations.
A-1
Summary of Federal fiscal operations.
May
June
II
11
July
Aug.
Sept.
A-1
IV
IV
IV
IV
IV
1
1
1
1
1
1
Apr.
Reporting bases.
Administrative budget receipts and expenditures:
Receipts by principal sources
Detail of miscellaneous receipts by major categories
Chart - Internal revenue collections by principal sources
Expenditures by agencies
Interfund transactions excluded from both net budget receipts
and budget expenditures
Summary of appropriations and authorizations, expenditures, and
balances, by agencies
Expenditures and balances by functions
Expenditures by functions
Detail of excise tax receipts
Summary of internal revenue receipts by States, calendar year 1965.
Trust and other transactions:
Summary of trust and other transactions
Trust receipts
Trust, deposit fund, and Government-sponsored enterprise
expenditures
Investments in public debt and agency securities (net)
Sales and redemptions of Government agency securities in
market (net)
Interfund transactions excluded from both net trust
and trust expenditures
Federal Old-age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Federal Hospital Insxirance Trust Fund
Federal Supplementary Medical Insurance Trust Fund
Railroad Retirement Account
Unemployment Trust Fund
National Service Life Insurance Fund
Investment of specified trust accounts in public debt and agency
securities, by issues (latest date September 30, 1966)
Consolidated cash transactions:
Summary of Federal Government cash transactions with the public.
Intragovernmental and other noncash transactions
Federal receipts from and payments to the public - seasonally
adjusted and unadjusted
8
11
11
1.^
li
11
12
U
12
12
10
13
11
11
12
12
10
10
10
10
11
11
13
11
12
13
12
11
12
12
12
13
14
11
U
13
10
11
15
13
14
15
13
13
14
12
16
14
15
16
1"
14
14
15
15
13
15
15
li
15
17
1.3
18
19
13
17
16
18
22
?3
16
21
19
16
17
18
17
19
17
22
20
21
18
19
24
25
20
21
19
20
22
22
23
20
26
26
22
22
23
24
23
24
25
Monetary statistics:
Money in circulation.
21
26
26
24
24
25
22
22
27
22
27
25
23
23
28
29
26
24
27
25
25
3J
28
26
?1
29
32
34
36
33
32
34
-Jl
21
Statutory debt limitation
Public debt operations:
Maturity schedule of interest-bearing public marketable securities
other than regular weekly and annual Treasury bills
Offerings of Treasury bills
New money financing through regular weekly Treasury bills
Offerings of public marketable securities other than regular
weekly Treasury bills
Securities issued in advance refunding operations
Allotments by investor classes on subscriptions for public
marketable securities other than regular weekly Treasury bills....
Disposition of matured public marketable securities other than
regular weekly Treasury bills
Foreign series securities (nonmarketable) issued to official
institutions of foreign countries
Foreign currency series securities (nonmarketable) issued to
official institutions of foreign countries
13
14
16
In
17
lb
Account of the Treasurer of the United States:
Status of the Account of the Treasurer of the United States.
Analysis of changes in tax and loan account balances
Summary of cash transactions through the Account of Treasurer
of the United States
Gold assets and liabilities of the Treasury
Debt outstand^ ng.:
Summary of Federal securities
Computed interest charge and rate on Federal securities
Interest-bearing public debt
Maturity distribution and average length of marketable
interest-bearing public debt
Special public debt issues to U. S. Government investment accounts.
Treasury holdings of securities issued by Government agencies
Interest-bearing securities issued by Federal agencies but not
guaranteed by the U. S. Government
10
11
39
38
a.
43
23
17
18
15
16
21
22
24
25
20
21
18
19
24
25
21
26
21
26
22
22
20
20
26
26
28
29
24
24
25
22
22
28
28
29
23
28
23
29
24
24
25
29
30
31
25
29
30
29
30
31
27
32
28
30
32
31
33
36
41
42
47
50
43
31
26
32
30
32
34
36
38
42
47
33
36
42
43
41
42
48
49
52
57
61
57
5'-'
•-1
57
57
62
67
63
62
67
63
(Continued on following page)
23
63
-
,
December 1966
157
.CUMULATIVE TABLE OF COUTENTS.
January 1966 through December 1966
-
(Continued)
Issue and page number
1966
Feb.
United States savings bonds
Cumulative sales and rademptions by series
Sales and redemptions by periods, all series combined
Sales and redemptions by periods, Series E through K
Redemptions of matured and unmatured bonds
Sales and redemptions by denominations. Series E and H combined.
Sales by States, Series E and H combined
Apr.
May
July
Aug.
65
65
66
70
70
Sept.
Nov.
Dec.
72
72
73
75
69
69
:
60
60
61
63
Ownership of Federal securities
Distribution by classes of investors and types of issues
Net market purchases or sales for investment accounts handled by
the Treasury
Estimated ownership
65
65
66
68
69
70
66
66
67
69
64
64
65
67
70
70
71
73
66
66
67
69
71
73
74
74
66
66
67
69
64
64
65
67
70
72
76
75
;
U
Treasury survey of ownership of Federal securities:
Ownership by banks, insurance companies, and others
Ownership by commercial banks classified by membership in Federal
Reserve System {latest date June 30, 1966)
Market quotations:
End-of-month closing quotations on Treasury securities by issues
Chart - Yields of Treasury securities
.
Average yields of long-term bonds:
Average yields of Treasury and corporate bonds by periods.
Chart - Average yields of Treasury and corporate bonds....
Monetary statistics:
Money in circulation
Monetary stocks of gold and silver
Gold assets and liabilities of the Treasury.
Components of silver monetary stock
Exchange Stabilization Fund (latest date June 30. 1966):
Balance sheet
U.S. stabilization agreements
Income and expense
65
71
72
66
73
70
71
68
75
70
69
76
68
75
76
70
71
69
70
76
77
69
70
72
73
77
70
72
81
83
73
77
73
77
73
69
78
74
70
79
75
75
84
80
83
76
78
84
85
79
74
75
76
76
77
70
71
76
78
75
77
90
79
73
79
91
92
88
23
26
22
79
80
80
78
79
79
77
79
77
82
78
79
83
84
23
21
27
22
20
'26
23
22
81
81
81
81
National bank reports:
Earnings, expenses, and dividends for calendar years 1961-65-
International financial statistics:
U.S. gold stock, and holdings of convertible foreign currencies
by U.S. monetary authorities
U.S. Treasury nonmarketable notes and bonds issued to official
institutions of foreign countries
U.S. monetary gold transactions (net)
Estimated gold reserves and dollar holdings of foreign countries
and international institutions
Liabilities to foreign official institutions and international and
regional organizations
Capital movements between the United States and foreign countries:
Sumjnary by periods beginning 1946
Summary by countries and periods
Short-term banking liabilities to foreigners, latest month
Short-term banking claims on foreigners, latest month
Long-term banking liabilities to and claims on foreigners,
latest m^nth
Purchases and sales of long-term securities by foreigners,
latest month
Short-term liabilities reported by nonbanking concerns
Short-term claims reported by nonbanking concerns
Long-term liabilities reported by nonbanking concerns
Long-term claims reported by nonbanking concerns
Foreign credit and debit balances in brokerage accounts
Short-term liabilities, countries and areas not regularly reported
Purchases and sales of long-term securities by foreigners during
calendar year 1965
Foreign currencies acquired by the United States without purchase
with dollars:
Transactions and balances in Treasury accounts.
Transactions and balances in agency accounts...
Corporations
Statements
Income and
Source and
1/
and certain other business-type activities:
of financial condition (latest date June 33, 1966)...
expense (latest date December 31, 1965)
application of funds (latest date December 31, 1965).
The statements normally carried in this issue will be included
in the January issue.
81
39
85
88
97
100
101
102
lOi
107
110
111
m
89
81
90
82
81
82
93
82
82
89
85
82
83
82
93
82
85
94
83
82
83
89
83
90
86
95
84
84
91
87
96
85
35
92
87
90
99
100
87
90
99
100
106
107
93
102
103
91
83
83
84
84
92
84
84
85
85
94
97
86
86
91
87
87
98
89
89
94
90
90
99
94
97
90
106
107
98
99
98
99
103
104
99
100
100
101
110
111
108
100
100
105
101
101
112
101
101
108
104
113
114
115
117
118
119
120
102
103
104
136
107
108
109
102
103
104
106
107
108
109
109
110
111
113
114
115
116
105
106
107
109
110
111
112
121
l]Ci
110
117
113
115
116
101
102
103
105
106
107
108
101
102
103
105
106
107
108
106
107
108
110
111
112
113
102
103
104
106
107
108
109
102
103
104
106
107
108
109
117
109
109
114
110
110
109
110
111
113
lU
11^'
111
111
115
113
116
137
1/
1/
Treasury Department
POSTAGE AND FEES PAID
TREASURY DEPARTMENT
U.S.
FISCAL SERVICE, BUREAU OF ACCOUNTS
OFFICE OF THE COMMISSIONER
WASHINGTON,
D.C.
20226
OFFICIAL BUSINESS
BUY
AND
HOLD
UNITED
S
TAT
E S
SAVINGS
BONDS
]
II
i
i
Treas.
HJ
10
.kl
1966
C.2
i
i
U.S. Treasury Dept.
Treasury Bulletin
@FedFRASER