Full text of Treasury Bulletin : February 1942
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
#-^^
ROOM ? ?,0^
^
LIBRARY
^^^^ 5030
JUN
2 1 1972
TREASURY DEPARTMENT
x^
CL^(X.-^^.^
^=7=
BULLETIN
OF THE
TREASURY DEPARTMENT
FEBRUARY 1942
W
MAR
21942
^
Analysis of Receipts and Disbursements
Composition of the Public Debt
Capital Movements and Monetary Data
Other Treasury Statistics
TREASURY DEPARTMENT
OFnCE OF THE SECRETARY
i
BULLETIN
OF THE
TREASURY DEPARTMENT
FEBRUARY 1942
Analysis of Receipts and Disbursements
Composition of the Public Debt
Capital Movements and Monetary Data
Other Treasury Statistics
TREASURY DEPARTMENT
OFFICE OF THE SECRETARY
Bulletin of the Treasury Department, February 1942
Cumulative Table of Contents
Iseua and page number
19^2
I.
I9UI
Deo.
Hot.
S«pt. Aug.
Oct.
July
Jijne
May
Apr.
Mar.
Summary of flacal statlBtlce
Bud^t
recelptfl and e:q>«ndlturea
Public
delit
outstanding
Means of financing cash requirements.
II.
Recelpta and e^endltxiree
Budget receipts and expenditures:
Summary 'by major classifications
Analysis of receipts from internal revenue
AnBlyeia of general expenditures
Ar-^/' vbIb of national defense expenditures
Antaysls of expenditures for (l) reTolvlng funds and (2) transfers to
trust accounts, etc
Total budget receipts and expenditures, by months:
Beginning January 1933
Beginning Janutuy 193^
Means of financing cash requirements beginning 1933
Social Security program:
Receipts an^ expenditures:
SoclEd Security Act
Railroad Retirement Act
Railroad Uneotployment Insurance Act
Statements of trust accounts:
Federal Old-Age and Survirors Insurance Trust fond
Railroad Retirement account
Uneo^loyment Trust Fund
Cash Income and outgo of the Treasury:
Analysis by major classifications
Total cash income and outgo, by months beginning January 193^*
IV.
5
5
5
U
1
6
I
I
6
i
5
6
6
7
7
7
7
7
7-8
7-8
7-8
7-8
7-8
9
9
9
9
10
10
10
10
11
12
IS
11
11
11
11
12
12
12
13
13
13
11
12
12
11
12
12
11
12
12
5
5
3-^
Receipts and expenditures for trust accounts, increment on gold, etc
III.
5
5
7
5
6-7
5-6
3-^
3-U
9-10
6
6
12
9
8
6
7
7
13
10
9
7
11
6
6
7
7
9
10
10
6
7
12
13
13
8
12
12
9
7
9
7
lU
10
8
11
8-9 1I1-15 11-12 10-11
8-9
lU
13
13
13
lU-lJ IJ-lU 13-lU 13-lU 13-lft
7
8
8-9
8-9
g
Qeneral Fund of the Treagury
Assets, liahllltles, and balance In Oeneral Fund.
16
16
Analysis of changes In balance of General Fund...
17
17
17
Ik
13
QoTemment securities outstanding
Public debt outetandlng. classified by types of issues:
June 30. 19^ compared with:
February 28, 19UI
March 3I . 1 9U1
April 30, 19UI
May 31* 19^3.
June 30, I9U1
June 30, I9UI compared vlth:
July 31 , I9UI
August 31 . I9UI
September 30, I9U1
October 3I, I9UI
HoTember 30, I9UI
December 3I I9UI
January 3I I9U2
13
15
16
19
13
13
13
19
19
19
19
«
.
20
,
20-21 19-20 19-20 19-20 19-ao 13-lU 13-lU 13-lU 19-20 16-17 15-16 lU-15
Composition of the public debt
Debt position of the United States under limitations la^osed by
Section 21 of the Second Liberty Bond Act, as amended:
March 31 I9I+I
June 30 I9UI
September 30 I9UI
December 3I 19^*1
,
19
,
25
,
a
.
Maturity schedule of United States Oovemnent interest -bearing marketable
securities outstanding, as of month-end preceding month of publication...
Offerings of marketable issues of Treasury bonds and Treasury notes:
Since January 1. I938
Offerings of Treasury bills:
Sine e March 1 iglW
Since June 1, 19^
Since September 1, 19^^
Since December 1, 19^
Since January 1. 19^1
22-23 22-23 21-22 21-22 21-22 15-16 15-16 15-16 25-26 20-21 23-2U 19-20
2k
2lt
23
23
23
17
17
17
2U
19
21
16
22
,
18
2U
25
•
Sales of United States savings bonds since May 1,
19^*1
Sales of tax series Treasury notes slnoe August 1.
••
26
27
19^^!
Receipts and expenditures on account of public debt
28
13
Computed rate of interest on the public debt
28
21
(Continued on fsllo»ll« pa^e)
Bulletin of the Treasury Department, February 1942
Cumulative Table of Contents
-
(Continued)
Itmie and
pa^
imiibcr
19UI
191*2
Rot.
Oct.
Sept.
A<1«.
Jalf
Jtuu
Ma;
Apr.
Mar
Ownerthlp of QoTemnent laeoritlei
Efltloatad ovnerihlp of all IntereBt-bearla^ OoTomaental aeeurltlea
oatetaBdln^, claeslfled by Issuer and
tax-atatua aa of Jane 30.
1937-19'tl and Decemter 31. igltl
^
SMfti
30
In ovnerihlp of S-l/if Treaenry bonds of 1967-72, diirlng Oetoter I9U1
30
^
Securities held
U. S. OOTernaent a^ncles and trust funds:
Deceober 31 I9I4O
March 31 , 191(1
17-18
,
22-23
Summary distribution, by holders, of eecnrities issued or guaranteed
by the United States
30
Market transactions in GoTemment securities for Treaeury inTeetment
accounts, aonthly beginning January 1937***-*
30
29
31
21
18
17
lU
31
19
16
15
13
Bank holdlaga of securitlea issued or guaranteed by the United States.
December 31i 19lW> according to reports to superriaory anthorlties
18-19
Summary data from Treasury surrey of the ownership of OoTerxoient seeuritieei
March 31, 19U1
April 30, igltl
May 31. 191*1
3&-35
Juno 30. 19U1
2lt-29
2l*-29
July 31. 191*1
August 31, 191*1
32-37
September 30, igUl
32-37
October 3I, 19!*!
30-35
HoTember 30, 191*1
31-36
December 31 I9UI
3a-37
1-3
1-6
,
Oeographical olassif Ication of data from Treasury eurTey of the ovnerahlp
of OoTernoent securities, September 30, 191*1
71.
3«
Prices and yields of Oovernment securities (including securities issued
by yederal agencies)
Over-the-counter closing q;aotatlona and price history for public
marketable securities issued by the U. S. OOTemment and by federal
agencies, as of the l^th of the month of publloation
Chart shoving yields of indlTidual issues of Treasury bonds end notes,
as of the l^th of the month of publication
39-1*1 38-ltO
U2
Ul
27
Bev yield average for long-term taxable Treasury bonds
21
27
29
2U
27
23
27-28 28-23 25-26
1*2-1*3
25-26 26-27 27-28 19-20 19-20 21-26
1*3-W*
25
31-32
37-3*
31-32
31-32
39-1(0
1(0-1*1
37-3«
U5J(6
U6-U7
Sources and uses of funds:
Fiscal year to date
From inception of organization
1*8-1*9
l*7Jl« 39-1*0 1*2-1*3 1*1-1*2 33-31* 33-3U 19-1(0 33-3U 27-28 30-31 26-27
50-51 1*9-50
Amount of obligations outstanding guaranteed by the United States,
by agencies
52
51
Financing operations In eecurities guaranteed by the United Statee,
beginning with I93I*
52
51
53
52
Maturity schedule of securitlea guaranteed by the United States, ae
onth-end preceding month of publication
1*1-1*2 1*1*-U5 1*3-1*1*
1*6
Us
35-36 35-36
i*i-i*a
35-36 29-30 32-33 28-29
37
37
'»3
37
31
3"*
30
37
37
'*3
37
31
3^
30
38
38
idt
38
38
35
31
1*6-1*7 1*9-50 1*8-1*9 1*0-1*1
UO-Ul
U2
1(6-1*7
1*2
1*8
1(0
31*
37
33
Ml*
!()»
50
1(1*
3«
1*1
37
1(1*
1*1*
3«
U5
39
1*3
1*6
1*1*
1*7
1(6
Internal revenue etatiatioa
Oollectiona of internal revemiet
Summary data
Comparative details for currant periods
55-56 5^5;
57
5t
kg
51
Study of individual income tax returns concerning differences between
atate of residence and state of filing, I936 returns
II.
21
Qovemaental corporations and credit agenoles of the United States
Assets and liabilities and proprietary interesti
January 31, 19UI
February 28, igUl
March 31, I9U1
April 30, 191*1
May 31, 191*1
June 30, 191*1
July 31, 191*1
Auguet 31, 191*1
September 30, 19l»l
October 31, I9UI
Bovember 30, I9UI
December 3I, 191*1
Till.
29
25
Average yields of long-term Treasury bonds and hlg^-grade corporate bondai
For 13 months preceding month of publication
Beginning with January 1933*
Beginning with January 193**.
VII.
28
50
UlJ*s 35-36 38-39 3''-35
51-55
Cnatoms stattstiea
Taluee of dutiable and taxable imports, I7 tariff schedules
50
Cuatoae dutiee and taxes collected:
By tariff aehadulea
By countries from which imports originated
50
51
Commodities imported under quota provisions, quota years to date.
53
57
U5
1*5
50
51
59-61 58-60 52-51* 55-57 59-61 U6-U7
1(6-1*7
52-53
(Continued on following page)
57
5«
1*6-1*7 1(0-1(1
37
38
joL
39
Bulletin of the Treasury Department, February 1942
Cumulative Table of Contents - (Continued)
Issue and page numbar
i9i*a
Feb.
191*1
Jan
Doc.
Bov.
Oct.
Sept.
Aug.
July
June
May
Apr.
Mar
Capital moTamentB between the United St ates and foreign conntriea
Siumnary tables for the calendar year 19U0
CuanlatlTe Bxaamary for period beginning 1933:
Net capital mOTament hetveen the United States and foreign eoiintries.
Details for recent veeks;
Short-term foreign liabilities and assets
Foreign security transactions
,
Foreign balances in brokerage acconnts..
•......•••
Security transactions in Joint foreign arbitrage aoconntt... ........
Foreign transactions in domestlo aeeoritias
Foreign exchange transactions
Het position in foreign cnrrencios
1*1-1*2
63-61*
62-63 56-57 59-60 63-61* 50-51 1*9-50 55-56 1*9-50
65-68 61t-67 58-61 61-6I*
69-70 68-69 62-63 65-66
6"
66
70
69
71
70
67
72-73 71-73 65-66 6S-69
7'f-75 73-71* 67-68 70-71
7'«
71
75
H
RsTlsions In statistics on capital moTements
65-68 52-55 51-51* 57-60
69-70 56-57 55-56 61-62
62
70
56
57
71
58
63
57
72-73 59-60 58-59 6U-65
7't-75 61-62 6o-6l 66-67
62
61
67
75
1*3-1*1*
1*5-1*6 U3-l*l»
51-51* 1*5-1*8 1*7-50 U5-l*8
55-56 1*9-50 51-52 1*9-50
56
52
50
50
57
51
1*9-50
72
51
53
58-59 52-53 5^55 52-53
60-61 5^55 56-57 5^55
61
55
57
55
56-60
51
Qold and silver statistics
Oold assets and liabilities of the Treasury
77
7l»
76
Het moTement of gold to and froai the United States
7'*
Increment from reduction in weight of gold dollar, to:
March 31, 191*1
October 31, 1941
Treasury gold receipts, for recent quarterly periods
Monetary stocks of gold and silver
63
59
63
59
7U
76
77
65
59
77-78 76-77 71-72 75-76 78-79 65-66 6U.65 70-71 6U-65 58-59 60-61 63-61*
Components of silver monetary stock
79
7«
72
76
79
66
65
71
65
59
61
eu
Silver of specified classifications acquired by mints and assay offices.
79
78
72
76
79
66
65
71
65
59
61
61*
Seigniorage on silver, by types
80
79
73
77
80
67
66
72
66
60
62
65
Silver production, by countries.
80
79
73
77
80
67
66
72
66
60
62
65
7U
78
81
68
67
73
67
61
63
66
Bet movement of silver to and from the United States
XII.
59
Other Treasury statistics
Balance sheet of the Exchange Stabilization Fund:
>cember
31, 191*0
March 3I igltl
June 30, 191*1
September 30 I9UI
75-76
,
S3-8U
81-83
,
Estimated amount of all interest-bearing Governmental securities
outstanding as of June 30* 19^^^
Vessels cleared from the United States direct for foreign ports:
nationality
By port s from vhl ch cleared
^
Treasury Department criminal cases in the United States District Coortfl,
for recent months
Note:
68
69
83
83
In tables In which It ia Indicated that the figures are rounded to a given unit,
the totals shown.
82
87
73
67
70
the details will not necessarily add to
SUMMARY
OF
FISCAL
-1-
STATISTICS
Budget Receipts and Expenditures
(In alllloM of dollari)
first 7 ontfaf,
flical ye«TB l?"* to 13h!
Ooapltt* flaeal yau-i, 1938 to
letul
19>*3
Iitlaatad 1/
Ctamo^e
Change
19110
igiti
191*2
Actual
Actual
191*1
191*1
191*0 to
to
191*2
1938
1939
191*0
191*1
19>*2
to
•tlmatad
actual
19113
191*1
191*2
1/
Bacelptfl
latarnal reToauoi
Incoae and profits tazaa 2/.
8U6
1,103
1,957
+85"*
2.61*0
3.1*70
7,11*7
11.316
1.31*5
U20
U61
577
tll6
755
2,189
7U0
2,125
bployaeat taxo*
833
925
1,189
1.739
92
»3.677
261*
It,
896
l.ltlt)
1,726
2,270
4.5UU
2,279
2,232
2,31*5
2,967
3.863
207
«622
Cnttoat
213
192
239
U7
359
319
3M9
392
368
297
t3
-2U
Other recolpti
137
125
IU9
+2U
208
188
273
515
21*9
291*
21*2
-266
3.059
3,607
5.193
f 1.586
6,21*2
5.668
5.925
8.269
12.816
17.852
2.5l*l»
U.5U7
Miicellaneona Internal revenne 2/>
Total receipts.
Less aaouAts transferred to federal
01d-A£e and SurrlTors Insarance
Trust Fund 1*/
268
31*3
1*1*9
106
387
503
53«
661
872
1.365
123
211
2.791
3.26U
I..7W
1,1*80
5.855
5.165
5,387
7.607
11,91*1*
16,1*87
2,220
'.337
»ar
353
1,209
5,3'«
U. 132
U32
1*90
667
3.636
11,622
18, 619
Hary
1*69
1.055
3.062
2.007
596
673
891
2.266 r
5.771*
6,81*9
2,969
1.575
1.257
+1.257
3.500
7.500
21
Het receipts
Xzpendlturee: ^/
Hatlonal defense: 6/
Defenee aid (Lend-lease)
21
58
71
689
6I8
Total national defense.
879
2.336
10,31*9
8,013
1,029
Miscellaneous national defense.
99
378 r
1,206
1.657
6,301 r
3.101 1/ 19,819
23,997
52.786
!/
r
.
2.723
r
17.696 r
Veterans' Adainistration S/
321*
322
32I*
2
582
557
557
563
581*
595
6
Public Works j/
626
1*95
1*25
-70
801*
1,000
950
738
76U
603
-212
21
26
Aid to agriculture lo/
935
599
730
131
85U
1,228
1.559
Social Security program
320
379
1*1*1
62
1*82
lt5U
513
611
-210
1,1*72
2,2ll0
1.572
1.259
978
-622
322
588
638
7U1
75
50
I.37I* r
955
565
93711/
r
3.1*79
279 r
kU,6U1»
7.986
3.508
r
Direct and work relief:
Work Projects Administration and
Rational Touth Administration..
901
Federal bergency Relief Adoinietration
and Civil Works Administration
-U19 r
-198 r
-1
U
2
1
CiTllian Conserratlon Corps.
170
158
116
-U2
326
290
283
257
155
Interest on the public debt.
1*93
516
557
Ul
926
9UI
i.oui
1,111
i.?50
1.750
Other ii/
51*3
626
557
-69
759
789
866
8U1
97U
911
5.192
6,252
ll»,lll
7.859
7.239
8,707
8.998
12,711
30.576
58,928
3.713
17.865
9.367
6.380
i.3eu
3,51*2
3.611
5.103
18. 632
1*2, 1*1*111*/
I. 1*92
+13.529
Total expenditures ^/.
Het budget deficit ^/.
Source:
r
1/
¥
u/
2,1*02
2.987
Dally Treasury Statenents, exc«pt as sotad.
Rati sad.
IstlBates of 19U3 Badgat.
Inclodas unjust enrlehiient tax.
Includes chiefly alcoholic hOTerage taxes, tobacco taxes, manufacturers' and retailers' excise taxes, and estate taxes.
for explanations, see tables Id next chapter on Social Security
prolan.
1^
1/
8/
txeludes public debt retlrenents.
latlonal defense expenditures for coBplete fiscal years beginning
with 19U1, and for ftrst 7 months of fiscal years beginning with
I9U2 are on the basis of I9U3 fiulget classifications: otherwise,
they are on the basis of Dally Treasury Stateaent clasBlfleatlons.
These figures Include suppleaental Items of estloated expenditures
for national defense; for the fiscal year igUS, $1 billion and for
the fiscal year I9U3, $17 blllloas.
Includes expenditures classified as transfers to truet accounts.
•tCe. for the Adjusted Serrlce Certificate fund.
2,/
11/
12/
13/
lU/
-102
.26
70
139
133
-25 r
Includes Public Works transactions classified as BerolTlng funds
(
10/
12/
net
)
Includes Aid to agriculture transactions classified as BeTolvlng
funds (net), expendltiires of the Department of Agriculture
classified ai Depertaental In the Dally Treasury Statement, and
Surplus Marketing Administration transactions claselfied as transfers to trust accounts, etc.
Represents gross expenditures of $1,?^3 atlllons less repayments
of n. S. Inrestments In capital funds aggregating $31^ allllons.
Xstlmate Included vltb that glren for Work Projects Administration
and Hatlonal Youth Administration.
Includes departmental expenditures except for Department of
Agriculture; and expenditures classified as transfers to trust
accounts, etc., for OoTernment employee retirement and Insurance
funds.
Receipts from proposed tax legislation estimated at $7 billions
vould reduce this excess of expenditures to $35i^l allllons.
Public Debt Outstanding
(In lllloni of dollari)
RECEIPTS
AND
-K-
EXPENDITURES
Budget Receipts and Expenditures
Table 1«- Summary by Major Classifications
(la Btlllou of dfillari)
Ixpendl tores 1/
H<eelpt«
Orost r«e«lpts
Mtc&l xeax
or aoath
Total
receipt!
a.txo
3.116
3,800
1933193''-
1935.
1936.
193T193«.
1939-
I<.ll6
6.2U2
5.6es
5.925
S.269
19'io.
ISUl-Juiiarr.
If,
l.SbT
lUreh
^rll.
Saptam^r.
Source:
Note:
359
5,161
5.303
7.362
'i'
3H9
392
319
502
1,513
179-
2.080
3.116
3.800
4.116
5.029
5.855
5.165
5.387
7.607
216
210
20s
188
273 10/
515 U/
265
3*7
503
53«
661
32
132
3I10
lltO
IH
•
1
33
Uoo
37
501
1.077
'?
36
19
19
23
La*
U31
683
1.159
3U
30
33
23
18
22
166
2
61U
555
35
2U
36
•
19U2.Jaauai7.
5.6JI.
225
162
555
1.136
U«9
Oetobar. .
lavaabar.
Dacanbar.
251
313
3^3
1.27T
Joiy
An^aat.
1.60U
2.6U1
3.278
3.513
•.597
Ul
38
5U1
...
ClUtOB*
162
Ug3
1.211
602
Jxuia..
iBtemakl
reTemia
Less net anooBts
trasiferred to
Tedaral Old-A^o
Otfaar
and SuTTlTors
receipts
receipts InenraBce Troat
fond U/
191
17
28
t3
157
1
Total
ixpendltnrea
3.86I1
2.989
680
6.011
7.010
8.666
8.177
7.239
8.707
8.998
12,711
lt.9lU
531
5,905
5.9^1
6,Ut2
5,869
7.226
7.061
6.221 12/
689
900
929
1.566
1,111
1,075
1.399
U62
627
565
395
1,276
1.315
l.lHl
1.528
522
389
708
"•IS
397
1.135
1.598
1.529
l.87»
U62
383
539
i.a2
2,083
1.858
2,562
578
2,628
5U1
10/
11/
prograiB.
Tor farther details, see Table 3«
For further details, see Table U.
For further details, see Table ^. JQso see footnote U/.
Total expenditures less net receipts.
Represents retirements required by lav chargeable to the Slnldn^
Fund, and retirements under special provisions of law from other
funds.
1/
13/
Satioaal
defense
6/
Transfers
Sat
BeTolrlo^
to tniBt
deficit
funds
BCCOTUltS
• tc.
11
'»3
Ball/ Treasury Statements.
The expenditure figures under Oeneral and National defense in this
tahle have been roTised In accordance with a chan^ In classificaSee Tables 3 ^^ ^»
tions used for national defense.
Less than $500. OCX).
Szeludes public debt retirements,
ror farther details, see Table 2.
For further details, see chapter on Customs Statistics in
December "Bxilletln".
For explanation see tables which follow on the Social Security
Qeaeral
2/
71
71
1.78U
2.896
3.209
11
.81U
"•.SSO
20lt
603
220
182
226
325
3.169
1.38U
3.5^2
3.611
5.103
106
65
771
7
2
2
252
17
1
26
29
7>t8
1
23
763
2
28
837
812
-97
12
10
966
1.129
1.327
2
\'^
15
>»5
1.637
-1
10
1.29't
9
1.329
2
-1
3
^^2
2
•
1187
asta
8/
11
la
92
54
-136 12/
657
6,301
-2
2,101
datit
retlra-
7H
la
,029
,206
Pnblle
Miz
360
W3
58
129
&t
1
1
1.18?
1.133
739
7
2,050
3
Includes partial return of amounts paid to the Commodity Credit
Corporation for the restoration of Capital impairment - $U4 millions;
and the repxirchase by Federal savings and loan associations of the
Treasury Department's Investment in their shares - $10 millions.
Includes recoveries of U. S. investments In capital funds as follows:
Reconstruction Finance Corporation stock retired - $175 millions;
Federal Home Loan Bank stock (resold to ReconBtruction Finance
Corporation) - $125 millions; retirement of Treasury investment In
Federal Savings and Loan Association shares - $10 millions; sale to
Reconstruction Finance Corporation of bonds held by Public Works
JLdmlnlstratlon - $9 millions.
Receipts from cs^ltal stock and paid-in surplus reductions that are
available to be reissued under existing lav are not reflected under
receipts, but rather are included as negative Items under expenditures.
During the fiscal year 19^1, reductions In capital in this
manner were as follows: Under general expenditures: Banks for
cooperatives - $60 millions, and Federal land banks - $100 mlllionB;
under revolving funds: Federal Farm Mortgage Corporation $100 millions. Federal Intermediate credit banks - $U0 millions,
and production credit corporations - $15 millions; a total of
$315 millions.
Table 2.- Analysis of Receipts from Internal Revenue^/
(In
Fiscal year
or Bonth
1933.
193619351936.
19371938.
19391960.
1961.
I9'tl-J»a««i7..
Tabrukzy.
March....
ipm.
J«l7
Aa^uat..
Saptaabar.
.
Oetobar.
loraabar.
.
mcaabar.
Booreai
i
6/
.
lacoB*
and
profits
taxes 2/
Social saeurltj taxes
Total
^
Federal Dneaploysent
Federal Insurance
Contributions Act
Tax Act
(Old-age Insurance) (Pneaployaent InsuraBce)
Carriers' Taxla^
Act of 1937
(Ballroad
retlremeat)
Mlseellaaeoas
internal
revenue
1^1 cultural
adjuatmunt
tfLxea
it/
I.60U
7>t6
858
2,61tl
818
1.099
1.1*70
353
1.657
2.010
2.181
2,279
2,232
2,369
2,967
5a
3.278
3.513
6.597
l,'t27
5.67't
2. 6140
5.161
5,303
7.362
2,189
2,125
3.670
760
833
925
319
502
1.513
iS
1.208
67
193
32
t\
*mf...
J^&a.
19'«2-Jasiiar7.
Total
lllloas of dollars)
laployent tsjei
2,163
75
253
J^
165
30
i,ai
63
916
iioo
8lt
501
59
780
ue
173
35
683
1.159
68
66
767
180
39
555
133
53
1,077
U31
1.9
19I1
51"
530
605
691
l^J
3
39
150
3
5«
90
101
lOS
98
150
109
la
137
12
1
53
1
5
29
210
ZOU
273
2
1
2Ult
7
1
8
26
25*
265
268
269
261
^'
160
2
1
7
6
3
1
31
k«
168
s
T
1
1)
1
353
39
13
369
77
31U
636
Dally traasozy Btatsaants,
Use than $500,000.
For further details, see chapter on lateraal Raveaiu Statlitlee.
Includes unjust enrlohnent tax.
For the period prior to September 1939, the data In the columns entitled Federal Inaurauoe Contributions Aot and Federal UaoDploymant Tax Act
represent collections under Titles Till and IX, respectively, of the Social Security Act.
Znoludes chiefly alcoholic beverage taxes, tobaoco taxes aanufaoturere' and retailer*' excise taxes and estate tax.
Budget Receipts and Expenditures
-
(Continued)
Table 3.- Analysis of General Expenditures
(Is
Teterana'
Tlaeal 7«ar
or aonth
Total
IdalalitratloD
1/
W
e.9«9
U.91U
5.905
1933
1935
1936
1937
1938
1939
igMo
5.9'tl
6.1*2
5.S69
7.226
7.061
6,221
iSUl
Public
Works
2/
Aid to
nitons
cultore
Social
Security
prograa
2/
i!/
763
507
1(1*2
102
51(9
1(29
557
578
581
582
557
557
553
679
685
8O3
670
900
890
715
930
966
988
866
1.237
1.5«6
1.006 2/
1*6
of dollara)
Dirsct and work relief
Work Projects
Tederal EsergeDcy
AdBlnistratloB and Belief IdmlnlstraNational Touth
tloQ and CiTll Vorlct
Adalnlitratlon
Adnlnlitratlon
^
29
1.261(
18l»
1.896
336
1.513
1.831
U95
-1
335
3^7
392
"57
1.1(72
It
1.2kO
1.572
2
la
51*
109
118
30
37
50
51
II
36
18
July
1(62
1(6
60
August. ..
S«pteBb«r.
383
539
1(6
1(6
P
61
October..
HoTcmter.
Doccabor.
itee
Us
68
71
57
1(03
1(6
51
lOU
1(1
88
•78
686
U6
58
137
3'»
U«7
1(6
55
13''
56
Vote:
2/
1/
110
106
82
86
U/
^/
6/
jj
8/
^
21
50
51
53
27
25
18
5?
56
52
3''
23
17
11
F
510
1(81
l.oUi
1.111
12
339
hi
t7
85
'•7
•5
517
5K6
525
285
51U
287
26U
228
205
196
233
222
357
91(1
21
19
20
U6
C&II7 Treafiury Ststeneutt.
This tatle has b»eD rerlsed Ic accordance with a change 1b the
clasBlflcatlone used for Batlonal defense la Table U.
Includes public works undertaken by the Teterane' Adalnlstratloa.
Additional expenditures Included In Table 5> transfers to trust
account, etc., for the Adjusted Service Certificate Tund.
Includes public buildings, public highways (including forest roads
and trails), rlrer and harbor work and flood control. Tennessee
7alley Authority, U. S- Housing Authority, Beclamatlon projects
Bxclndee certain expendiand the Public Works Adainistration.
tures for public works In connection with national defense actlvlties by the federal Vorks Agency, beginning July l^Ul, which are
included In Table U. Additional transactions are included under
Bevolrln^ funds. Table ^.
CoBprlses Agricultural Adjustaent progran, CouDodlty Credit Corporation, fam Credit Adclnlstration, federal fam Mortgage Corporation, federal land banks. Tarn Security Adainlstratlon, 7arm
Tenant Act, fiural electrification Adninistratlon. and Departaent
of Agriculture departnental expenditures. Additional transactions
are Included under EaTolring funds. Table 3>
290
283
257
121
121
522
389
708
Sotu'ce:
386
326
25
April.
igUS-January.
1(86
689
757
821
7U9
866
926
150
l»9
311
lU
m
18
22
1(6
61
Corps
Interest
Other
Other
on the
general
departpublic
expendimental ^/
debt
tures 8/
a
US
627
78
52
atlon
120
116
131
^2
66
1
1.37''
Ttbruary.
March
Itay...
^
ClTlllaB
Coneer-
21
73
19
9
hi
51
IS
169
1(8
9U
17
lU
15
75
15
232
UU
5U
77
12
32
U9
25
19
29
17
11
1(8
lU
27
Includes railroad retirenent and railroad uneBployaent aetlTitles.
for further datalla, see tables which follow on the Social Security
prograa.
Vork Projects AdBlnlstratlon was formerly Works Progress Administration.
Includes expenditures of the Reconstruction finance Corporation for
relief throu^ loans and grants to States, fflunlclpalltles. etc.
Ixcludee expenditures for the U. 8. Maritlee Cosnlsslon, departsental
expenditures under the Social Security prograa and the Departnent of
Apiculture dvpertmental expenditures.
Includes expenditures for the following: Office of Iducatlon, and
Public Health Serrice of the federal Security Agency; refunds of
taxes and duties by the Treasury Departnent; Post Office Departoent
postal deficiencies; the Pauaaa Canal; federal Housing Adalnlstra^
tlon; District of Coluabla (tJnlted States share); and Treasury
Departnent investments in federal savings and loan associations.
Also includes expenditures for capital stock of the federal Deposit
Insurance Corporation, Home Owners' Loan Corporation, federal home
loan banks, and Disaster Loan Corporation.
Gross expenditures have been reduced $l6o Billions representing the
repayments of capital funds by certain gDvernaental agenciea.
Table 4.- AnalyslB of National Defense Expenditures
(In
fiscal year
or aonth
Total
1933
680
1935
1936
1937
193s
1939
689
900
929
1,029
1.206
1.657
6.301
W^
531
ISM
191(1
igUl- January..
Jebruary.
March
April.
Mar...
June.
July
Au^st ....
September.
October.
lOTeaber.
December.
Source:
lote:
•
Havy
Department
302
2U3
273
383
378
"•36
58 1(
Defense
aid
(Lendleaee)
350
297
of dollars)
Miscellaneous national defense
Other
United States
federal
Hatlonal
Selective
Total mlS'
Defense
national
Service
Marltlie
defense
cellaneous housing (fed- Securl ty
defense exCoBunlsslon
eral Works
Agency
funds for
(adinlalstranational
penditures j/
Agency)
the Presldentltl've expenses)
defense
1/
29
-10
-21
-12
-6
529
29
-10
-21
-12
-6
1(32
lU
1
1
1(90
673
891
2.266
kk
99
378
uu
216
7
8
667
3.636
56?
fcoU
172
185
7l(8
5i(i«
763
837
516
i(56
,38
7
812
507
Ihi
15
966
1.129
1.327
508
579
700
31*5
786
.
191(2- January.
War
Department
lllione
20
220
27
36
3't
78
69
59
38l(
ll(0
102
1(1(9
192
198
256
107
9U
121
368
126
t51
1,81(7
976
l(9l»
2,101
1,088
518
3
7
31
1(21
70l(
Us
Daily Treasury Statements
This table has been revised so that the classifications used,
beglnnlnc with 191(1 for the annual data and vlth July 19UI for
the monthly data, correspond with those used in the 19U3 Bud^t;
for previous years, they correspond with Dally Treasury Statement classifications.
Less than $500,000.
19
25
28
2/
j/
12
22
9
15
13
J(
-9
18
2U
U
*
10
15
15
17
-25
26
11
13
13
21
26
36
16
16
23
50
18
32
9
12
17
10
16
29
11
16
39
30
l/
3
29
16
103
63
3
3
28
Xxpendltures In the fiscal year 191(1 from appropriations for natlonml
defense activities are Included under Other general expenditures in
Table 3.
Includes emergency ship construction, beginning in the month of
March 19U1.
The classifications in this column begin in July 19UI; similar items
for previous periods are classified under Other departmental and
Other general expenditures in Table 3>
Includes the Civil Aeronautics
Adninistratlon and the Panama Canal.
Budget Receipts and Expenditures - (Continued)
Table 5.- Analysis of Expenditures for
(11
Revolving Funds and
(2)
Transfers to Trust Accounts, Etc.
(In llllone of dollare)
Tranefere to truet accounts, etc.
HerolTlng funle (net) 1/
71 seal /ear
or month
Total
Public
Aid to
agriculture
Total
vorkfl
2/
2/
1933.
7"*
7"*
193't.
U96
3U6
1U9
3l»5
I'll
20'*
1935.
1936.
1937.
1938.
1939.
-33
-18
-13
-8
-6
-159 6/
11
20lt
121
92
igito.
^c
-136
1941.
13Ul-Januar7..
February.
March
April.
May...
Jane.
221
131»
101
59
23
2
2
1
1
1
2
2
2
-97
3
-1
-1
July
2
2
Au^st...
3
3
2
September.
October...
November..
December.
15
-1
15
-1
-2
1942- January...
-2
-2
Source:
Adjueted
Serrlco
Oartlflcate
?un4 kj
la
100
71
71
,8lU
603
220
182
226
50
50
Oovernment
Surplus Marketing
employees'
Administration
retirement
(surplus commodity
funds
stamps)
(g. S. Bhare)
Social
Security
prograa
^
21
21
21
Ul
"7
73
75
87
93
1.773
557
lUfi
325
107
121
132
26
29
23
18
20
10
18
91
8
9
13
10
12
10
28
12
10
169
lU
6
50
»
15
lU
U5
32
Ik
10
lt2
103
6
10
9
9
32
Dally Treasury Statements.
Lese than $500,000.
Additional transactions on Aid to agriculture and Public works are shovn in Table 3.
Farm Credit Administration.
Public Works Administration.
Administered by the Teterans' Administration.
For further e^rplanations see tables which follow on
Includes railroad retirement and railroad unemployment activities.
Social Security program.
Reflects reduction of expenditures through recoveries of investments in capital funds of Govermrental agencies aggregating
$155 millions.
Table 6.- Totals by Months, Beginning with 1033
(In millions of dollars)
Apr.
Net receipts 1/
1933
193t
1935
1936
1937
1938
1939
19Uo
19111
191*2
Total expenditures 2/
19^3
ISik
1935
1936
1937
1938
1939
19110
19I11
19112
Net budget deficit j/
1933
193"*
1935
1936
1937
193s
116
211
203
228
239
29I*
271
315
310
578
272
695
1*82
19111
191*2
usurce:
1/
2/
2/
272
21I*
51*1
601
752
967
910
687
799
1,566
21*6
3I11
63U
528
573
570
636
766
705
820
822
1.399
213
230
3O8
367
uw*
521
539
1*80
1*92
U7U
612
668
1.075
656
712
1.111
2,62s
156
UgU
279
293
300
198
385
398
771
2,050
1939
19U0
112
206
51*6
ll20
13U
1*28
3lii
262
316
166
21*5
22il
5311
153
-31
-116
-200
-212
132
22
-167
May
July
llU
182
228
231
318
262
213
157
237
286
391
21*6
U6I*
3'*7
557
301*
Uoo
39U
6i*9
163
218
279
29U
367
273
265
331
1.276
1*13
Hi 5
323
1*50
301
61*3
llSll
61*3
599
631
695
527
686
jlU
631
566
730
783
1.315
691*
6I17
565
256
290
373
l.lUl
1*99
1112
71*7
I1I19
lil*7
67a
676
711
362
71*0
5.798
5.650
913
5.83"
397
1.135
1*1*5
56I*
1,212
3,/!i9
292
561
31*2
361
559
693
561
1*21*
2,1*27
656
635
725
76U
818
1.598
571*
570
676
632
71s
537
701
632
677
565
737
721
869
2.083
507
636
607
716
635
830
832
1,172
l*,389
6u
529
828
77"*
1.253
930
895
887
1,528
221*
1*25
193
156
339
237
252
I179
21*7
750
7117
2117
31*8
321
Oct.
3I13
I6U
252
230
i.sgs
166
188
286
299
Sept.
256
260
235
272
292
300
279
333
281
U30
301
U61
371
It 00
377
369
517
Aug.
138
393
282
362
263
U5I
1*99
1*87
1.185
372
517
61*5
77I1
706
1.529
1*1*9
i*a
51*1*
71*1
1,874
lOll
21
281
275
125
95
1*1*1
1I19
397
177
-115
Uo
65
U05
273
211
105
195
U02
258
1.133
1*37
1*1*2
332
385
231*
U3I*
3.857
233
286
350
517
823
672
i*.372
3S1*
5a
I*.
209
1*89
56U
157
61*6
Si*8
817
1.858
152
312
255
331
171
296
2SU
1*3
536
1*55
739
1,637
1,291*
Daily Treasury Stetements,
TotEd receipts less net amounts transferred to Federal Old-Age and Survivors Insurance Trust Fund.
Excludes public debt retirements.
Total expenditures less net receipts.
2,«;2';
21*7
2,51*2
175
251
173
199
-188
157
311
U32
1.329
3,1*92
7,281*
6,682
9,21*1*
7. 751*
8.097
3,335
9.65^
19.053
1.863
3.792
2.825
1*,S7?
1.056
2.1*1*7
3,967
3.823
1C,20^
BUDGET RECEIPTS AND EXPENDITURES
1940
1939
J
M M
J
S
N
»AMJSNJMMJSNJMSAJSNvlMMJSNJMMJSN
J
JMMJSNJMMJSNJMMJSNJ^AMJSNJM^^JSNJWl^AJSN
T
3.0
3.0
Net Budt^et Deficit
I
I
N&gatiVQ figures represent Net Budget Surplus
2.5
25
2.0
20
1.5
3 Month
Moving Average^
1.
•\ /
^.
10
1/
j^^Av^^j^fArmmmMX
l-L
JMMJSNJM»AJSNJMMJSNJ ^AMJSNJMMJSNJW^AJSN
II
1937
I
I
1
1938
1
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
1
1939
1940
1941
1942
I
Receipts and Expenditures for Trust Accounts, Increment on Gold, Etc.
Table I.- Trust Funds
(In mlllloiu of dollars)
Tlical 7««r
or aoath
1933
193*
1935
1936
1937
1938
1939
igiw
total
trast fonda,
net receipts (+)
or net expenditures (-}
Federal Old-1^ and
SorrlTors Insoranoa
Trust Tnnd
Eaoolpts
Xzpanditnras
Seealpts
Other
Bailroad
Eetiraaent Aocount
DhenplOTBent
Trust Fund
Xxpeodltures
Beeelpts
trust accounts l/
Ixpendltures
+2U
+6U
+34
19
,
i9i»i
,
+11
1
+29
+37
+1
+3
+37
+10
Harch
+136
-156
+37
+132
-166
April
May
577
707
32
132
-5
8
1
-7
1
167
+2
-6
+146
-186
37
148
56
-3
+45
+159
-202
43
157
-189
+30
June
+36
+136
-185
Jilly
41
Au^st .
,
,
Septsober.
October..,
loTember.,
Deceaber.
19112- January..
ce:
•
1/
267
401
+12
+1
+1
-4
1941- January..,
rebmary.
267
402
530
580
717
+160
-196
+47
+172
41
529
294
763
838
294
751
837
957
1,118
78
149
28
70
156
27
69
280
233
301
2.053
858
323
349
366
409
285
210
237
2,020
838
327
325
331
3«9
22
18
27
17
20
+2
+2
-2
+11
l4g
109
123
127
146
107
125
116
+10
«
10
20
10
10
10
10
+2
+1
+8
-2
8
10
3
9
«
+1
-2
38
23
66
35
22
2
126
*6
127
20
28
2
167
75
167
51
49
-9
+2
-3
82
1
-2
203
176
24
89
171
24
+2
-4
+1
+45
+168
-207
44
166
2
-a
-2
209
74
192
60
79
189
55
32
+37
37
-1
75
83
31
Table 2.- Other Funds
Ixpendltures
+64
+}4
+20
-4
+24
+35
+20
241
Dally Treasury Statements.
Less than $500,000.
Includes OoTernaant Insurance and retirement
Beeelpts
•
46
44
4
•
68
19
21
+7
31
23
+12
16
27
+1
28
18
15
28
10
Means of Financing Casti Requirements
(In
tlllou
of daUart)
Maana af flnanelac
Aaowxt rcqolrad to bo f iBoaood
at
Sot
or aoBtli
fotol
•Boimt
roqolrod
to ke
flBoaeod
ot
^vd^ot
doflolt
>*t
laorooao
1b Oonoral
Ttmd
1/
oi^>oiidltiiroo
In tniot
aooovBti
iBcrovoBt
oa cold,
Total
aaonnt
flnaaeod
laoraaaa
IB
pablle
dabt
at
daeroaoo
In Oaaaral
fund
balaaea
ate. 2/
1933-
3.052
1.7*'*
193*.
U.SiS
2,896
1935.
3.ao9
3.209
I93fi.
5.390
'>.550
193T.
3.i't9
193*
823
1.720
3.05a
3.052
l»,6l6
U.5II1
3.209
racalpta
iB truot
aceoBBti.
iBoraaoat
OB geld,
ate. 2/
101
7>»1
821
312
5.390
5.078
3.1t9
3. lie
2.6U6
128
37'»
l.3«'>
l,3«>»
1.38U
7U0
338
306
1939.
U.iSt
3.5'w
U.16U
3,275
19I10.
3,ai
3,611
3.611
2.528
19U1.
5.99"*
5.103
7U2
5.99>>
5.99>«
19^1-Januai7,.
868
771
97
Tobmarx,
537
53"
•
March.
1,083
. .
-167 2/
iprll.
750
750
Hajr...
1,0U
7t7
Juno,.
1,2^1
252
July
1,185
1.185
..
1,'408
1,133
September.
1.033
739
October..
2.238
1.637
SoTODber.
1.778
1,29U
Deoefflber.
2,898
1.329
2.683
2,050
Au^at..
19^2-JanuAiy.
Source:
If
2/
Jj
8>io
622
1»8
890
9*7
S68
852
3
537
213
236
1.083
1.083
750
58
290
26U
1,011
U90
521
729
259
1,2'tl
i.aUi
1,185
551
27U
2
l.UOg
l.llOg
293
1.033
"25
i,oiu
376
1.2'*1
225
2,238
238
kgk
1.778
"56
328
2.898
898
633
2,683
2.073
13«
15
32U
3"
"03
599
607
322
610
D&II7 Treaeury Stateeiente.
Xxcludea public debt retlreaienta.
CoBpriioa trust accounts, checking accounts of Oovemaent agencies, etc.. Increment on gold, seigniorage on silver, and miscellaneous
IncreDont on gold excludes expenditures for national bank note retirements.
funds and accounts.
Hot budget surploa.
11
Social Security Program
Section I*- Budget Receipts and Expenditures
Table 1.- Social Security Act
(In millions of dollars)
Becalpts
SroBB receipts
Social Security taxes
fltoal 7«ar
or aonth
Tederal Insurance
Contrltnitlons Act
(Old-age Insurance)
Federal Unemploynent
Tax Act
(UnemploTment Ineorance)
Laas anonnta credited to
Federal Old-Age and
SuTTlTora Inaurance
Trust Fund
Net
receipts
y
2/
1936
1937
1938
1939
I9U0
I9U1
852.2
60U.U
631.2
712.2
788.2
U6.0
187.9
3.5
tl.7
157.1
U.l
19^1-J&nuAZ7...
February .
March.....
April
Kay
Jane ......
-12.8
217."
128.2
97.7
265.0
387.0
503.0
537.7
661.3
33.9
13S.U
2.6
12.1
53.5
31.8
132.3
llt,2
.9
.5
55.6
3.0
39.2
a."
7.5
37.0
"•.7
W9.7
l''7.5
3.3
.8
1.1
9.6
3.0
Ult.B
57.8
90.1
100.9
19'*.3
51'*.'*
530.U
60U.7
690.6
W7.5
17"*. 5
126.9
UT.O
167.0
U.3
159.5
2.2
7.5
Septanber.
3.''
.9
U2.6
157.3
1.2
October. .
NoTember.
December.
•7.3
175.3
5.6
"5.7
168.5
".3
2.2
6.8
1.3
"3.5
166.2
2.1
9.7
3.1
U.U
9.1
3.5
51.3
38.6
12.7
36.U
l't.9
July
ATiguat.
.
..
igUS- January...
"t.U
Xzpendltures
Grants to States
Old-age
Aid to
assist- dependent
ance
children
i/
19'to
28.U
182.7
332.5
343.3
38U.2
19^1
Wt9.it
2.0
1".3
25.5
UnemployAid to ment coopenaatlon
the
blind
administration
2."
.5
.6
.2
•
.3
•
.9
.1
.It
.7
.1
.1
.7
12.5
1.6
1.2
2.9
1.0
.3
.5
.5
.3
.1
•
.9
.8
."
13.1
2.6
i\l
.1
.1
.9
."
.6
7.6
1.0
2".
.7
.U
11.2
1.2
1.3
2.1
6.7
3."
.7
.1
.6
.7
.U
28.9
7.9
10.7
2.7
.9
36,1*
\:l
2.7
50.7
27.2
33.5
25.6
18.7
27.6
".5
".5
April.
M«y...
June..
3".9
16.9
2.6
2.6
2.6
"6.5
32.0
1".0
22.^
21.9
10.6
6.1
6.9
2.0
.6
.1
July
August.. .
Septanber.
59.9
"3.1
33.1
2.8
2.6
2.7
57.0
"0.1
30.3
33."
26.0
20.2
6.9
7.9
"."
October...
November.
December..
55.8
uo.u
33."
2.5
2.5
2.6
53.1
37.6
30.6
30.1
27.1
IjUZ- January...
55.8
2.8
52.8
Source:
1;
i/
!*/
ll
53.3
29.8
health
services
Services
Child
for
welfare
crippled
services
children
13.5
2.2
182.2
206.
227.6
260.1
19Ul-Januai7.
February.
March....
Maternal
and child
1:1
5.5
27.8
166.9
271.5
320.3
356.5
415.2
.6
Public
health
work
Cepartment of lAbor
2."
7.8
8.9
5.0
9."
10.8
15.8
20.0
21.3
25.3
31.5
1936
1937
1938
1939
Public
Health
Serrlee
Social Security Board
Idilnlatratlve
expenaea
Fiscal year
or month
19.7
12". 8
n.o
"5."
63.2
1.0
".6
5.2
5.3
6.2
7.1
6.9
.9
9.1
"1.9
58.9
58.3
63.0
1.0
3.1
3.8
.6
.2
2.1
2.7
3.0
1.0
1."
1.5
1.5
1.5
.3
.1
Refunds
of
taxes
Xxcess
of
expenditures
^
28."*
Ul.O 6/
1.8
2.5
2.6
195.5
115.1
215.1
209.7
322.5
.2
.2
.2
39.2
-25.8
33."
.3
.3
.3
"".7
25.3
13.9
•
.1
.2
.3
.3
.1
.3
.2
55.5
33."
30.0
.3
.5
.1
.3
.1
.2
.3
.2
51."
31.3
29.9
.6
.3
.1
"0.9
Dally Treasury Stateoients.
Less than $500,000.
Formerly Title VIII of the Social Security Act,
Includejs amounts equal to appropriations to Railroad UnsBployaent Insurance Admlnls
Formerly Title IX of the Social Security Act,
tratlon Fund equlvaleat to amounts of taxes collected with respect to the period from Januaiy 193^ to Jane 1939* InclueiTe, from
employers subject to the Railroad Unemployment Insurance Act (See Ta^le 3 of Section I).
Prior to January 1, I9U0, figures represent amounts transferred to the Old-Age Reserve Account,
From January 1 to July 1, 19^,
Subsequently receipts hare been deposited in
"transfers" were made to the Federal Old-Age and Surrlvors Insurance Trust Fund.
Aaounta
the General Fund of the Treasury and "appropriated" directly to the Federal Old-Age and SurvlTors Insurance Trust Fund.
ahovn as transfers reflect deductions made for reimbursement to the General Fund account to cover administrative expenses, which
are shown as expenditures in Section II, Table 1.
Includes only expenditures from appropriations made specifically for administrative expenses relating to the Social Security Act;
namely. Social Sectirity Board, Department of Commerce, EUid Department of Labor; and administrative expenses reimbursed to the
General Fund of the Treasury under Section 301 (f) of the Social Security Act, as amended. Beginning July 1, 19^t includes also
administrative expenses xinder the Wagner-Peyser Act. Sxcludes administrative expenses payable frooi other appropriations,
principally for the following agencies: Bureau of Internal Revenue of the Treasury Department, and Public Health Service and
Office of Education of the Federal Security Agency.
Covered by appropriations by Congress,
Second Deficiency Appropriation Act. fiscal year 1938, approved June 25, 1938. carried an appropriation of $^.56l.586.U3 for
BtaJciog refund to certain States of portions of Federal employers* tax for 193^ collected under the Social Security Act.
12
Social Security Program
(Continued)
-
Section I.- Budget Receipts and Expenditures
-
(Continued)
Table 2.- Railroad Retirement Act
(In
lllione of dollars)
Sxpendltnroo
fiocolpto
nieal year
or BOBth
1936
1937
193»
1939
Carrlora' Taxing
Act of 1937
AdalnlBtratlTa
ezpeneot
Total
i/
.3
l9iio
191*1
.3
1.5
150.1
109.3
IZl.O
136.9
iitg.o
.6
19l*l*Ja]mar7.
Tebruary.
Marsh
29.0
April.
May...
June..
l.U
g.O
Zi.l
5.U
. . .
107.1
120.7
12U.U
2.3
-8.7
10.2
20.2
10.3
.2
.3
10.0
20.0
10.0
1U.8
.8
-IS. 7
g.g
.1*
8.U
.6
.6
.7
.7
110.0
123.3
128.2
.2
.8
5
.8
Ootobsr...
HOTomber.
Doo ember..
1.1
5.2
33.9
32.2
.7
.8
.8
19lt2-Jasaar7...
1.3
32.0
.8
.8
9.6
.6
lt£.U
-U.8
-30.6
31.5
31.1
-33.1
31.5
Dally Treaswy Statonanti.
Leaa than $500,000.
ladndee only expendltnroe from appropriations made speclfloally
^proprlatlons from the Oenaral Tund of the Treasury.
CoTsred
foi*
30.7
admlnistratiTO expenses relating to the Sailroad Betlreaant Aot.
^
Table 3.- Railroad Unemployment Insurance
(InaiUlona
Tlioal year
or aonth
Expenditures
fiallroad oaemployment
insurance contributions 2/
1936
1937
1938
1939
191*0
sl
19U1
igUl-Januory.
February.
Harsh
April.
Hey...
June.
July
Au^et ....
September.
October...
November.
December .
.
Actl/
of dollars)
fieeelpts
191*2- January.
.7
.y.i
•
.5
2/
.3
1.2
-1.1
.5
1/
1/
lU6.i(
31.1
•
taxoa
Ixoooo of
oxpeadltnret
.3
Soptanber.
Sonroe:
Eefvnde
of
2.6
2.9
2.6
3.8
U6.9
July
Ao^st
Transfer to
B&llroad Betlrement
Aecooat (tmit account)
Total
Admlnlstratlre expenses
(Railroad TftLeaploymeot
Insurance A(ijDlnlstration ?und)
^
Transfers to Railroad
Unemployment Insurance
Account Unemployment
Trust Pund k/
,
Excess of
expenditures
5/
13
Social Security Program
(Continued)
-
Section II.- Statements of Trust Accounts
Table 1.- Federal Old-Age and Survivors Insurance Trust Fundi/
(OuBiulatlTe from orgejalsatlon - In nllilons of dollars)
Ixpendituree
Hecelpti
Unexpended balance
End of fiscal
year or month
Total
receipta
Appropriations
by
Con^eee
1936
1937
1938
1939
19"40
igiti
igUl-July
AugUBt ....
September.
267.3
782.7
199.6
792.1
536.2
265.0
765.0
1,155.0
1,705.0
2.393.1
2.3
17.7
UU.6
87.1
1U3.I
581.0
2, '•38.0
1U3.1
7IA.0
2.597.5
2,600.8
admlDlstratlTe
ezpeneea 2/
.1
.1
113.0
1,7*.
,738.1
,380.6
d
1.9
3.0
6.1
10.8
,370.6
,360.6
,556.0
206.2
7.1
U7.1*
99.5
ll»8.3
15g.lt
106.9
ta.3
2,1*32.8
11*3.1
111*.
'*3.5
2,582.2
12.3
39.1
2,397.6
122.9
'•5.7
2,575.'*
52.1*
2,610.7
2,768.6
2,761.9
,5^*6.0
11*3.6
131.2
139.6
IU8.7
1*7.9
2,962.9
179.1
189.7
201.0
3.001.7
2.857.9
11*3. g
212.
157.9
5^.5
2.789.3
2,958.1*
50.2
disbursing
officer's
account
267.1
662.3
,177.2
138.6
19.3
In
In
General
Tund
267.2
777.2
1,180.3
5."
19.3
55.1
5."*
168.6
December.
•
Investments
11*3.3
1U3.1*
Hovefflber
1/
2/
benefit
payments
Be lobar Bement
for
11*3.2
2.7»9.8
ce:
Old-B^
2.6U6.5
2,815.0
2,819.3
October..
19Us-jBmiai7.
InTOBtments
Total
expenditures
,1
U8.9
13.3
l5.t
12.3
,736.1*
50.6
217.0
9.0
lU.O
15.6
16.5
726.U
1*5.6
17.3
,536.0
Dally Treasury Statements.
Less than $50,000.
Includes transactions effected under the predecessor Old-A^e Eeserre Account.
Under Section 201 (f) of the Social Security Act amendments of 1939.
Table 2.- Railroad Retirement Account
^OunulatlTe from organisation - In millions of dollars)
Beoeipte
End of fiscal
year or month
U6.6
Appropriations
by Confess
1(6.6
1U6.5
26l*.g
191*1
268.U
390.8
506.9
19l*l-Jttly
61*7.8
191*0
Investments
U6.6
l.U
3.6
1*6.6
1*2.6
68.1
82.7
92.1
87.0
66.2
67.2
217.6
207.3
197.0
107.9
101.9
91.0
9I1.5
1*50.9
91*.
11.
63.1
63.1
63.2
11.3
11.6
12.0
31.7
12.2
36.6
5.9
8.U
1*19.9
639.'*
639.'*
639.1*
g.U
8.5
8.5
1*1*0.5
8.6
8.7
8.9
1*61.5
186.
6Ug.3
639.1*
639.1*
639.1*
1*71.9
1*82.6
176.2
165.7
112.0
101.5
90.5
6l*g.i*
639.1*
9.1
1*93.1
155.1*
111.5
61*7.9
October...
5oveaber .
December.
61*8.0
61*8.1
In disbursing
officer's account
1*.0
1*98.5
61*7.
In
General ?und
38U.9
September.
•
Total
79.8
I85.6
298.7
Au^st..,.
.
investments
Benefit
payments
ue.6
1*6.6
11*7.9
Source:
Balance
Unexpended balance
Total
receipts
1936
1937
1938
1939
191*2- January.
Expenditures
1*30.2
Daily Treasury statements.
Less than $50,000.
Table 3.- Unemployment Trust Fund
79.1*
7^.0
.2
13.2
10.8
2.5
91*.
5
6.0
1.6
2.3
l.g
10.5
15.2
10.9
ll^
Cash Income and Outgo of the Treaeury, by Major Classifications^
(In BlXlioiui of dollars)
15
CASH INCOME AND OUTGO OF THE TREASURY
1938
1937
1942
JMMJSNJMMJSNJMMJSNJMMJSNJMMJSNJMMJSN
3.0
3.0
Net
Cash Out<jo
Negative figures reprmaant Net Cash income
^5
2.5
2.0
1.5
1.5
Month
3
Moving Avmroge^y
1.0
1.0
HjVA^
_5
I
Hi
LU
J^AMJSNJ^AMJSN JMMJ
I
1937
ii
I
I
I
1
I
I
1938
I
I
I
I
I
1939
[1 1 1 1
SN
JMMJ
I
I
t
)
NJMMJSNJMMJSN
]
I
1940
S
1
I
I
t
I
I
1941
I
I
I
1942
I
[
I
1
I
I
_ c
GENERAL
FUND
OF
•16-
THE
TREASURY
17
Assets of the General Fund of the Treasury
(In
Ind of fiscal
konth
lUlou
doUan)
«f
Balllon, coin.
7*8kr or
1.103
3.033
2.016
2.936
igb
i.oUj
1937
193«
1939
2.709
2,itl9
1,863
827
19I10
19I11
19Ul-JaBnar7
tatraary
Naroh
Iprll
KV
•
Jnlj
Angnit
Soptaabar
Octobor
loTaabar
Doeoabar
..••.....«
19>«2-Jaasar7
Soarea:
Oalljr
1.0m
86;
3.0»7
2,038
2,(12
1.19>>
2,203
1,S73
895
2.
•
Ttitnl
B«s«rT« Baoka
1933
1935
1935
1936
Jnaa
Svposlta 1a
8p«elal d«poslta
account of oaloa
of doTanaast
Othar
dapoilto
aenrltlao
eollaetlona
51
837
97
118
862
1,8511
799
1,150
lUl
929
1,022
25^
1,02U
87^
98U
6>»9
55
52
95
105
611
776
805
661
702
585
US
31
37
55
58
l'»3
127
118
'»79
130
l,2'»5
2.599
2,079
2.S12
992
926
2,«07
3.057
2,lt6l
l.oUl
1,086
991
2,gp
913
1*7
410
»70
1,024
9g>t
lltl
661
526
680
833
797
151
1U3
IU7
78lt
9^7
1.756
156
159
175
1.750
188
93lt
995
96
3!n6
919
966
3,232
902
391
Traaanrj Stataaaats.
Balance In the General Fund of the Treasury
(Is alllloBs of dollars)
Sid of fiscal
yaar or aonth
total
aasato
lotal
llabllltlss
Balanco
In tba
Oaaaral
Tud
1933.
1935.
1936.
1.103
3.033
2,016
2.936
2>I0
2.709
2,Ul9
3.087
2.038
2,812
156
203
2>M
1*51
862
2,582
1,8'tl
2,682
Analjrsls of balaaea la tba Oanaral Pond 1/
Workla<
balaaea
Salgnloraca
on sllTor
Ineraaant
on gold
862
1.771
1,001
2,069
lUO
316
811
700
297
536
iHa
605
U3
U3
2,000
1,622
2, 160
1,163
1.8«5
198
l'»7
2.553
2,Zl6
2,838
1,891
179
2,633"
2,203
1.^73
2.88$
178
172
170
2,025
1,701
2,715
957
1.970
£01
eos
JkJ
1*3
1H3
2.599
2.079
2.812
173
175
179
2,'«5
1,906
2,633
1.679
1,157
1,88$
605
1*3
1*3
1*3
Jklr
Aagiut....
Saptoabar.
2.807
3.057
208
185
195
2,599
l.«M
l-^
2.120
1.511
607
610
611
1*3
1*3
Ootobar..
loToabar,
Secoabar.
2.852
z.9n
3.8I6
210
225
256
2.319
3,560
1.885
1.582
2,S02
613
6lh
615
1*3
1*3
1*3
3.232
282
2.990
2.m
616
1*3
1937.
1938.
1939.
19110.
19'*l.
19'*l-JamiAr7..
TebnaazT.
Mareb. .
.
liirtl.
Kay...
Jttna.
19tt2-Jannar7.
Saaroai
1/
2.1t61
2,^
»7
1.283
1*3
JMllj Traasnry Statsaonts.
la tba fiscal Taars 1935 and 1936, $91 allUoni and 155* alUloaa, raspaetlraly, vara traaafsrrad fraa Iwraaaat aa gold to tba
vorldag balaaos for retlraasnt of national bank aotso. In this stataaaat, hswarar, obarcas for rotlraaant of national bank aataa
aro roflaoted dlrootlj against Inoraaant on gold In tbs yaars daring ablch tba rstlrsaants vara aotnallj aada.
laaotlTa gold la
tho aaoont of $1,087 allllons for tha fiscal 7oar 1937 Is coasldorad as a part of tba vorklag balaaaa.
18
Analysis of Change In Balance of General Fund of the Treasury
[in DllllouB of dollars - Net Increaee or net decrease (-)]
Change diirlcg fiscal
7ear or Bontb
Total
change In
General
Fund
l)alanee
Working balance
Total
working
balance
General
Public
Trust
and
debt
accounts 2/
special
accounts 2/
accounts 1/
MlecellEUieous
funds and
accounts
V
Checklne
Seigniorage
accountB of
on
OoTenunent
silver
a£eDCle8,
etc.
1933-
Ul»5
UU5
-1,781*
3.052
-5
-818
193'*-
1.720
908
-2.896
it,5ii*
2k
-73'*
1935-
-7ltl
-769 6/
-3.209
1.739 1/
6U
637
1936-
Sl40
1.067 6/
-U.550
5. UTS 2/
3t
108
1937-
-128
-70
-3. It?
2.71*61/
19
31'*
1938-
-338
-377
-1.38U
11
201*
1939-
622
537
-3.5^2
792 1/
3.280 1/
29
768
I9to.
-9lt7
-997
-3.611
2.528
37
3"*
igi4i.
7''2
722
-5.103
5.99I1
37
-217
97
-32U
9U
-771
852
U7
-18
rehniary.
-325
-53^
213
-129
Harlih....
l.Ollj
1,013
167
1.083
136
-156
April.
-290
-291
-750
58
36
361
May...
-5a
-522
-7*7
1*90
136
-1*11
729
727
-252
1,2>*1
-185
-80
igUl-January..
Jtue.
July
An^aet....
Septenber
-69
-36
-1.185
551
Ul
53*
27l»
272
-1.133
1,1*08
160
-169
-607
-«09
-739
1*25
.196
-93
Oototoer..
376
37W
-1.637
2,238
'*7
-272
BoTember.
-322
-323
-1,291*
1.U56
172
-659
December.
l,2Ul
l,2l40
-1.329
2,898
-189
-lUo
-610
-611
-2,050
2,073
30
-681
1942-Jairaary.
-
Increment
on
gold 5/
GOVERNMENT
SECURITIES
-19^
OUTSTANDING
20
Statement of the Outstanding Public Debt on June 30, 1941 and January 31, 1942
(In
lllloni sf dollut)
21
q:
i»
o
CO
Ocn_
Q
CQ
LiJ
O
U
_1
CQ
15
Q.
O
E
<
111
CD
I
I-
to
UJ
o
UJ
z
on
UJ
O
UJ
o
ui
I-
O
Q.
8
ir
"
o
00
OcQ
D
o
-''
22
Maturity Schedule
of United States Government Interest-Bearing Marketable Securities Outstandlngi/
As of January 31, 1942
(iBouat IB Billtou of lollara)
Clualflai kr
TMT
la vkldi
Ihum an
n»«Dnerlptlsa of
tultr
ooeiirltj
lUVM
ClMalfled \v y**r 1b lAleh l»m*(
first e«ll»U* 2/
T
Callakl*
loovao
CuauIatlTt
total
riudatorlty
Dascrlptlea of aoeorlty
Isoueo
19*2
BlUs
s.iin
20
Blllo
A - J/IS/I^
lotao B - ?/l5/»«
l-'ifkiteU* c - la/is/kz
l-3/l»* fcta.
l^/*^leUsA-
H
3/l5/*2...
Betas B - 9/15/*2-l-i/^mi Betas e - 12/l5/*t. .
If
232
total
2.101
20
3*2
.
Total
2.696
2.696
2.696
1»3
191*3
5/U*
loUi 9 l-l/g# lotM k 3-3/«lHt«d«
leUa C 1#
SAS/*?
fe/lS/M
6/l5/*3-»7...
9/l5/*3
10/15/^5-^.
l-l/g< Iotas B - 12/15A3
3-l/'>* Baal.
-
lotos D - 3/l5/*3--..
3/**
l-l/»# lotos A - 6/15/*3lous e - 9/l5/*3If
l-l/«* Iotas B - 12/15/*3- -
66
629
•
»5*
•
279
fatal
ha
fatal
1.396
-
•
l.llOl
.
l.«55
66
629
279
*a
1.396
5.9*6
19**
1#
etas B
Vli/Vt
Vl$/Wi.M...
-
3.1/k^Baads
3/^
latss A - 6/l5/W»
latss e - 9/15/tt
Betas B (lat. Bafemaa
Mi
Barlas)- 9/15/"*
Isads
- le/lVA-S*--
3/l>*
1^
m
515
i/kf
1^
j/kf
1.519
>>16
»3
Betas B -
3/15/**- 6/15/**...,
Istss e - 9/15/**...,
Istes B (Bat. Bafaaaa
Series)- 9/15/**....
•
•
etas A
635
l.«*9
fatal
2.555
10.351
i.a*
5»a
.
531
1.790
total
Betas A - 3/l5/*5---.
3/*«
- 10/15/U3-*9.
3-l/*# Beads
- 12/l5/*5.
2-1/2* Beads
Betes B (Ut. BafOBsa
)/*<(
Series)- 12/l5/*5. .
7l«
.
.
i.a*
Total
13.355
19*6
19^
CeaTorsloa
1/1/H6....
teads Iotas A - 3/15/*6...,
in
- Vis/Wt-Ue
5.I/** Beads
if
Coarerslon
V>Bda Betas A •
1#
3-3/1** Beads
Beads
3K
3-l/»# Beads
3^
16
503
l/l/>i6
S/IS/"*
3/15/H6-S6..
6/15/^/it..
1.036
«19
6/l5/>i6-'»9-
fetal
519
2.3**
fatal
16.217
19»T
CeaTaralea
keads 1/I/Ut
- 10/15/I»7-S2.
lui/>»# Beads
Beads
12/l5/>«7
a»
Oaa*araloB
»OBda l/l/*7-..
- 6/l5/"l3-*7
3-3/B* Beads
- 9/15/'t5-*7
2-3/** Beads
- 12/1 5/*7....
Beads
2<
Tf
3(
13
799
701
fatal
Tl*
799
17.690
Total
19*«
19't8
t%
-
2-3/li)(
- 3/15/M-51-- 9/15/''*
- IZ/lS/ltB-SO-
Beads
Beads
2-l/2i* BoBds
?<
Beads
fetal
Beads
3K
2.1/2K BiMds
1.115
1.223
5/l5/*«-50-»5l
-
-
6/l5/*6-**
9/l5/*«-.-
I^tal
571
•tjl
2.910
a, 051
19*9
19*9
Beads
2-1/211 Beads
3-l/»* Beads
2t
6/l5/'t9-51-- 12/l5/>»9-53- •
-
-
3-1/f* Beads
1.013
1.7W
-
6/l5/*6-*9
fetal
*91
12/15/*9-5Z.
3.290
fatal
2*. 3*2
1950
1950
2-1/211 Beads
-
1.1S6
9/15/50-58-
1.1(6
fetal
25.527
2*
if
-
Beads
3/l5/*«-50.
- 12/l5/liS-50.
fetal.
1951
1951
2-3/>»* Beads
-
Beads
Beads
Bsads
-
Zf
635
l.S*9
fetal
19*5
JMP^
lotas A Z-3/l|# Beads
- 9/l5/>t5-»T...
2-1/i* loada
- 12/15/*!
Betas B (Ut. tefaasa
3/Ui(
Sorlos)- la/lS/"*?
3/it*
2-l/l»1l
2*3
1.037
19^
3f
Si
fc/lS/Jl-S"*-
9/15/51-55-- 12/15/51-5J- 12/15/51-55-
•
Total
2-3/*# Beade
Beads
1.627
755
l.US
fetal
533
*.033
-
-
29.560
3/l5/*«-51.
6/l5/*9-51.
711
5*1
wrnXwr*
Callablo
loaoBO
CiaralattTo
total
23
Maturity Scliedule
of United States GovBrnment Interest-Bearing Marketable Securities
Outstanding]/
As of January 31, 1942 - (Continued)
(l«ount In millions of dollni-s)
Sourc:
1/
2/
Dally Trsasuxy Statomant
Sxclude. postal sarlngs bonda.
Plxed-aaturlty iss-jss are classlflad by ysar In which di«
2*
Offerings of Marketable Issues of Treasury Bonds and Treasury Notes
Since January 1, 1938
25
TreaBury
BUI
Offerings since January
1,
1941
Bide accepted
Date of
Date of
maturity
Number of
days to
maturity
AmouAt of cash
BubBcrlptlons
tendered
(In Billllone
of dollars)
19l*l-Jan.
! I/..
Jan.
8 2/..
Jan. 15 2/.
Jan. IS v..
Jan. 29 I/-
19Ul-Apr.
2.
Apr.
9.
Apr. 15.
Apr. 23.
Apr.
30.
263.1
312.3
227.6
209.8
258.1
525.3
ret. 19 2/.
Feb. 26 I/.
May
Nay
Hay
May
21.
28.
91
90
91
91
Mar.
Mar.
Mar.
Mar.
June U.
June 11.
June 18.
June 25.
91
91
91
91
Teb.
Ut.
13 %/..
6U«.2
S6O.5
398.8
90
91
91
91
91
30lt.O
100. u
315.8
37U.7
301.5
28.
91
91
91
91
June U.
June 11.
June 18.
June 25.
Sept. 3Sept. 10.
Sept. 17.
Sept,2U.
91
91
91
91
July
July
July l6.
July 23.
July 30.
Oct.
1.
Oct.
8.
Oct. 15.
Oct. 22.
Oct. 29.
Aug.
6.
Aug. 13.
Aug. 20.
Aug. 27.
Hot.
5.
Hot. 12.
Hot. 19.
Hot. 26.
Dec.
19U2-Jan.
Jan.
Jan.
Jan.
lU.
21.
28.
5.
Teb.
U.
12.
Fell.
3.
31-
Mar.
Mar.
Mar.
Mar.
Mar.
19U2-Jan.
7.
Jan. lU.
Jan. 21.
Jan. 28.
Mar.
Apr.
Apr.
Apr.
1.
Oct.
Oct.
8,
Oct. 15.
Oct. ?2.
Oct. 29.
Hot.
Hot.
Sot.
Hot
.
Dec.
Dec.
Dec.
Dee.
Dec.
10.
17.
2U.
31.
7.
11.
Feb. 18.
Feb. 25.
U.
11.
18.
16.
17.
100.003
100.003
100.003
100.001
100.000*
308.
Aug.
6.
*ug. 13.
Aug. 20.
Aug. 27.
Bee.
3Dec. 10.
Dec. 17.
Dec. 2U.
100.0
100.0
100.0
101.3
1152.6
ltU2.U
May
May
May
May
Sept. 3.
Sept. 10.
Sept. 17.
Sept.jU.
100.lt
2U7.'t
301.7
ion. 5
IquiTalent
average
Amount of
maturing
iesue
rate 1/
(Percent)
99.978
99-970
99.971
290.8
208.9
252.6
9.
In mllllona
of dollars)
200.3
200.3
200.2
91
91
91
91
91
2.
(
100.3
lon.i
100.1
July 2.
July 9.
July 16.
July 23.
July 30.
7.
price
per hundi-ed
lOO.OOO*
100.00099.998
99.989
Apr.
2.
Apr.
9.
Apr. 16.
Apr. 23.
Apr. 30.
lU.
21.
Avera^
(In millions
of dollars)
101.5
ni.9
I
i/
0.000*
0.007
0.0113
100.6
100.5
100.9
100.1
100. u
100.3
101.3
101.0
101.2
100.3
99.9811
0.086
0.120
0.117
0.065
100.
It
100.6
100.1
100. u
100.1
100.1
99.986
99.980
99.976
99.975
99.976
O.OF5
0.079
0.093
0.097
0.097
100.
100.
It
100.0
99.976
99.983
99.982
99.983
0.096
0.069
0.070
0.069
100. ;
99.973
99.975
200.3
200.3
200.2
100.
100.";
100.0
100.0
101.3
100.3
100.1
100.1
26O.lt
100.3
33it.9
398.1
267.8
200.1
200.3
200.6
100.1
99.983
0.107
0.100
0.103
0.066
91
91
91
91
91
281.1
281.7
306.1
292.8
266.6
100.9
100.0
100.3
100.1
100.0
99.978
99.976
99.975
99.975
99.976
0.086
0.097
0.097
0.098
0.09 It
100.6
100.1
91
91
91
91
293.2
288.8
99.973
99.971
99.971
99.971
0.106
O.Ult
0.116
327.1
100.2
100.1
100.2
100.8
100.0
100.0
100.5
100.3
91
91
91
91
383.6
100.lt
1*39.5
101.0
100.0
100.7
99.977
99.982
99.987
99.991
0.090
0.071
0.050
91
91
91
100.0
99.98it
100. U
100.000100.000-
0.062
0.002
0.001
91
182.0
368.8
217.6
303.9
99.991*
0.02ll
91
269.1*
I'50.0
99.983
0.067
100.9
100.0
100.3
100.1
100.0
91
91
91
91
200.0
313.3
1139. U
U66.6
150.1
150.0
200.2
200.0
99.962
99.950
99.935
99.932
0.151
0.200
0.258
0.267
100.2
100.1
100.2
100.8
91
91
91
82
76
U68.2
200.2
150.0
150.0
150.2
150.0
99.939
99.926
99.925
99.933
99.935
0.2ll2
0.293
0.295
0.295
0.310
100. u
101.
100.0
100.7
100.0
150.2
150.0
150.5
150.1
99.91*0
0.30lt
100.lt
99.970
99.950
0.119
0.196
0.231
100.2
150.2
150.0
1*39.5
297. 1»
1*93.
U
ltOlt.2
lt03.1
382.7
352.9
317.1
19-
71
351.6
15.
22.
29.
91
91
91
3311.7
Source:
Accounts of Public Debt SerTlce.
Annual Reports of the Secretary of the Treasury.
Back Figures:
Bank discount basis.
1/
2/ Hatloaal Defease series.
\/ BegatlTe.
351.6
371.5
100.2
150.2
99.9711
99.91*2
O.lllt
0.037
100.lt
100. u
100.1
100.1
200.1
200.3
200.6
100.1
26
Sales of United States Savings Bondsl/
Since May 1, 1941
PART A - TOTAL SALES, CLASSIFIED BY SEMES
(iB BlllloBB Of dollars at Isoue prices)
Honth
27
Sales of Tax Series Treasury NotesJ/
(la Billions of dollars at isina prices)
PART A
Month
-
CLASSIFIED BY PURCHASER
28
Public Debt Receipts and Expenditures
(In mlllloBS of dollars)
Racaipts
Sxpandl turas
Public iBSuet
fiscal year
or Bonth
Adjuatal
serrlee
bonds
12.8
6.6
B.U
2.2
Public isaoaa
Sxchaneat
2.673.6
2.
9.620.8
13.O83.6
13.165.6
i7,eU6.7
10.1*62.1
1,325-6
522.1
1,387-6
.1
Tebruary.
March
i.uiu.o
636.5
3.186.6
Iprll.
Hay...
June-
651.8
585.0
775-6
1,683.6
.2
5.388.5
.1
787-3
Jul7
August.
September.
1,121.2
1,88U.U
1.170.9
895-1
1,721-2
9U8.6
.1
.6
October.
NoTeaber.
Deceaber.
3, 0U6.lt
2.760.3
1.938.3
1, 768.lt
.1
•
1938.
1939-
igw.
19UI.
19'*l-JaBuar7..
915.''
.
.
.
19U2-Januar7.
Source:
"•.775.8
7. '•75.1
7.19't.''
.2
.2
3.0311.9
3.11*1.6
3.282.5
.1
.1
k.ZUO.t
5,166.0
5.301.0
5.679.8
5.8I5.6
88.3
561.7
529-6
2.673.8
1. Olio.
3.03't.9
2.812.0
1.1*72.9
2.11*5.8
s-iiti-e
2,895.6
6.3
22.6
32.1
71*0.1
3. 271*.
2,528.0
5,993-9
852-3
212-7
1,083.2
lllt.2
1*23.8
ltl7.U
171.6
2.IO3.U
1*53.6
1.627.2
.6
66.0
139-7
2.917-5
5911.2
1*25.2
lt.lU7.8
551.8
U12.6
729.1
.6
Ul.8
12.6
1*90.3
787-3
2.631.1*
1,21*0.7
225-3
163.1
222.2
570.1
U76.O
5't7-7
.6
1*58.9
711-7
21.8
17-0
33.7
1,1*08.1*
7'»5-5
97.0
169.8
808.8
Ug2.5
6U8.8
''55.5
91-3
27-1
89-3
1, 1*55.
26il.5
lltl.3
1.001.3
535.1*
59.7
2.073.5
.1
2.527.1
Ixchan^s
Sxcais
OB
receipts
1.627.2
.1
3.5'»7.1
Spaelal
Issues
Total
8.880.7
9.808.8
10,637.6
11,852.8
2.158.5
2,567.1
2.812.0
.1
3.07U.7
Special
Issues
189.0
I106.2
528-5
189.0
559-5
lt06.2
57.6
551.1
1*25.1*
2,237-6
2.898.3
Dally Treasury Statements.
Less than $100,000.
Computed Annual Interest Charge and Computed Rate of Interest
on the Interest-Bearing Public Debt Outstanding-^
Ind of fiscal year or month
Interest-bearing debt
outstanding
Computed annual
Interest chare*
Computed rate of
interest
(Percent)
1933-
$22,157,6U3,120
193'*-
26,1*80,1*87,870
27.61*5,21*1,088
19351936-
»
7112,175,955
81*2,301,131
750,678,123
3.350
3.181
2.715
2.562
32,988,790,135
8liii,996,902
193719381939.
35.800,109,1*18
921*, 275.21*1
36,575.925.880
39,885,969,732
9l*7,08lt,058
1.036.937,397
19*10.
1*2,376,1*95,928
1,091*, 619,911*
191*1.
1*8,387.399,539
l,a8, 238,81*5
l*5.320,39l*.57>»
2.51*1
2.582
2.569
2.600
2.583
2. 518
Pabniaxx.
March. *
1*5.535,287,070
1(6.580.812,1*61
1.151.796,977
1.157.610.751
1.178,076.621
Ipril.
May...
June.
1*6,673,368,395
1,181,178,1*83
2.531
19ltl-Januar7
.
.
2.51*2
2.529
1*7,160.1611,076
1.195,018,863
2.531*
18,387,399,539
1.218,238,81*5
2.518
Jnly
Au^ast ....
September.
118,965,009,283
1.23't, 650,901*
2.522
50,370,520.072
1.269,099,338
1.260,530,608
2.1*80
50,790,671,5116
October.
HoTSmber.
December.
53,0110,1*15,590
5«. 535. 587. 387
57,1150, 9115.675
1.307,598,258
1,32U,826,253
1.381*. 181*. 673
2.1*65
59,530.900.66U
1,U30. 816,112
2.1*01*
191*2- January.
Basis:
ij
Dally Treasury Statements.
Treasury bills are Included in Interest-bearing dabt flguree at face amount, but for the purpose of calculatiag the eo^atad
charge and the computed rate of Interast. the dlscouat Tslna Is used.
2.1*82
2.1*29
2.1*09
OWNERSHIP
OF
GOVERNMENT
-29-
SECURITIES
30
estimated Omership of All Interest-Bearing Govemnental Securities Outstanding,
Classified by Issuer and by Tax-Status, June 30, 1937-1941 and December 31. 1941
(Par »!«• - In lillllons of dollar*} 1/
Dfcttt
31
Summary Distribution by Classes of Holders of Interest-Bearing Securities Issued
by United States Government and Guaranteed by United States
(In millions of dollar.)
Znd of fiacal
year or month
32
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, December 31, 1941
following
The
December
'}!,
19'+-1,
United States.
covered
In
the
present
tables
of
The
Bummary data
the ownership
large
survey
account
for
Treasury survey,
the
securities Issued
of
savings banks
and
oonunerolal
from
approximately 95
guaranteed
or
and
the
by
the
companies
Insurance
percent of
of
as
holdings
of
United States Government and Government-guaranteed securities held by all banks and
Insurance companies In the United States.
Table I.- Analysis of Ownership by Type of Security, by Call Classes
and by Tax-Exemption Provisions
PART A
-
PAR VALUES IN MILLIONS OF DOLLARS
Praillc BArkAta^le Intereit-^aarlng securitlee \J
Hold
DaiiicB and InB-JT&ncs conpafli*i
covered In TreaBur7 B'orTey
fc/
Hold
•J.
Total
amouot
out•tandla^
ClMalfl cation
Total
7.0U6
laetitutloai
Total
l>7
S.
OoTernment
Held by
agenciei
56I1
all
and trust
other
fire,
funds, and
investors
casualty,
federal
and marine
Reaerre
insurance
Banks 2/
coo^aulee
761 laBurance coapaniet
6.285 l>anki
U92
5.793
conns r- mutual
tsTlngs
clal
banke
bankt
197
Total
"'•
1
laenrazice
conrpanlai
Type of security
Securities issued by United States
Treasury bills.
2,002
1.281
1,071
1.037
210
177
33
10
710
Treasury notes
5.997
3,678
3. 'tis
3.21*6
166
265
168
97
830
1,1*90
Treasury bonds
33.367
22,207
15,371
12,17"*
3,197
6.836
5.571
1,265
3.6l*U
7.517
196
lU
13
12
•
1
*
1
32
151
6.317
W.909
U.362
l*,H9
2U3
9*7
1*61
86
285
1,123
U7.878
32,088
230
20.589
3,61*1
7,858
6,377
1,1*82
U.SOl
10,990
5,2Ul
3.5»
U,6l5
3.119
2.968
151
1*01
321
80
251
1,1*70
9.552
8,61*3
908
2.063
,608
>*55
1.761
'*.332
Other bonds
Ooarantead issues
^.
Total
21*.
By call classes
Due or first beooaing callable
Vltbin
1
ynar
1 to 5 years
17,708
5 to 10 years
12,318
8.826
6,731*
5.526
1,203
2.092
,681
Uli
1,1*00
2.091
7. '•71
4.626
3.073
2,162
910
1,5?*
.302
252
908
1,937
10 to 15 years.
2,1*51*
1,756
61*9
566
83
1,107
896
210
210
1*88
•
2.666
1,727
1,096
717
379
631
557
7U
271
668
federal Housing Administration debantorss
21
18
12
12
'»7.878
32,088
7,85*
6,377
1.U82
U,801
10,990
l«.l«5g
163
95
67
788
1,1*1*1*
15 to 20 years
Orer 20 years
Total
230
20.589
2,226
2,063
l,96U
21*,
3.61*1
By tax-exempt Ion proTleloBi
Vhclly ezempt fros federal incoae taxes U/
Partially ezeapt froa federal incoae
taxes 5/
31.270
20,92U
15.013
12.91*7
2.06t
5-911
'1.725
1,186
Subject to federal Incone taxes
12,150
8.938
7,153
5.679
l,'*7i*
1.785
1.557
228
719
2.U93
Total
U7,878
32.088
2U.230
20,589
3.61*1
6.377
1.1*82
U.SOl
10.990
'
(Continued on following pa^)
7,052
33
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, December 31, 1941 - (Continued)
Table I.- Analysis of Ownership by Type of Security, by Call Classes
and by Tax-Exemption Provisions - (Continued)
PART B - PERCENTAOE DISTRIBOTION BY CLASSES OF SECURITIES
Public oarketabla Interest-bearloc securltlaB 1/
Held %y banks and Insurance companies
eoTored In Treasury surTsy
Total
aaount
outataadlsc
Clisulfl cation
6, eg;
Total
V
^6k nre.
7.0>t6
1*92
5.793
coBner- nutual
clal
saTlncs
banks
banks
Institutions
I
life
insurance
"^"^^
s.
tr.
761 InsuTRnce companies
banks
V
Eald
casualty,
end oarlne
L^^^^^^
co»panie»
Held
agenclei
all
and truit
other
fUDde, and
Inveetore
Federal
Reserve
Banke 2/
By type of Becnrlty
Secoritlet IcBned by United States
Treaeu7
lilllB
Treaenry noto&
^easiiry 'bonds.,
Other tends
Quarenteed Issues
••
....••...•...•
>••••.
^
Total
By call claasei
Oae or first Iweovlof callable
Within 1 year
•
1 to 5 years...
3 to 10 years
10 to 13 years
1^ to 30 years
Orer 20 years
Fadaral Rousing AdMlnlst ration debantiirei
U.2
12.5
69.7
,U
•
.1
.1
•
•
•
»
.7
13.2
15-3
le.o
20.0
6.7
7.0
7.2
5.8
5.9
6.5
13.6
68.U
l.U
10.2
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
10.9
11.0
36.2
27.5
12.9
lU.U
kZ.Q
26.8
10.5
2.7
3.5
5.0
25.2
5."
30.7
27.7
17.0
lU.2
5.0
37.0
25.7
15.6
By tax-exevption po'crlslonn
VhoUy exempt from federal iacoae taxes U/
Partially exenpt froa Federal lucoae
taxea
Subject to Federal Incoae taxes
^
Total
PAHT C
-
5.0
15.8
"t.U
l*.!
69.2
lU.lt
5.5
63. 1>
.3
81.
59.1
39.'*
27.»
12.7
2.7
"•.5
5.6
U.l
25.0
33.2
25.0
2.3
10.
.1
100.0
Total
U.O
100.0
100.0
100.0
100.0
9.3
6.9
8.5
9.5
2.7
65.3
62.0
29.5
62.9
27.6
56.8
25.lt
65.2
27.9
U0.5
100.0
100.0
100.0
100.0
100.0
2.S
2.6
87.U
2.7
3."
«7.0
5.1
26.3
26.6
19.8
lU.i
8.0
26.lt
20."t
l"t.l
8.7
2.3
6.S
85.I1
.2
17.3
75.9
13.
39.1*
19.0
17.6
t.U
6.1
.2
.2
100.0
100.0
1.5
k.6
l6.ll
13.1
75.2
22.7
71.1
80.0
15.t
68.6
15.0
6U.2
22.7
2>t.U
100.0
100.0
PERCENTAOE DISTRIBUTION BY GROUPS OF INVESTORS
Public marketable Interest-bearli^ securities 1/
Held by banks and Insurance coapanles
coTsred In Treasury surrey
Held by
*
Classification
1,
Total
amount
outstanding
6,285 banks
Total
5.793
commercial
banks
7.0"t6
Institutions
type of security
Securltlee Issued by United States
Treasury bills
Treasuj7 notes
Treasury bonds
Other bonds
Quaranteed Issues
100.0
100.0
100.0
100.0
100.0
6U.0
61.3
66.6
6.9
77.7
Total
100.0
D.
761 Insurance compajilee
a^ncles
56U fire,
197
casualty,
life
Insurance and marine
coo^anles Insurance
companies
U92
mutual
saTlncs
banks
S.
GoTsrmnent
Held by
all
and trust
other
funds and
Investors
rederal
Baserve
Banks 2/
.
Sty
^
Sy call daases
Due or first becoming callable
Vltbln 1 year
1 to 5 years
5 to 10 years
10 te 15 years
15 to 20 years.....
Orer 20 years
federal Housing Administration debentures
Total.
1.7
2.8
9.6
10.5
U.U
6.5
69.1
51.8
5U.1
36.5
6.5
65.2
.1
20.J
8-7
.1
.3
3.9
7.3
l."t
10.9
16.3
t.5
35.5
2U.8
22.5
76.8
17.8
67.0
50.6
U3.0
7.6
l6.it
13.3
3.1
10.0
23.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
67.2
65.6
71.7
61.9
71.6
6U.g
65.6
59.5
53.9
7.6
lt8.8
5't.7
^.9
Ul.l
26.5
k.S
9.9
U.lt
12.1
28.1
2U.5
17.0
25.9
19.9
25.1
3.7
23.7
55-9
1.5
2.5
3.3
3.t
8.6
2.8
29.7
28.9
23.1
26.9
25.9
6.1
9-1
13.6
17.t
36.5
20.9
55-5
.It
lU.lt
100.0
67.0
50.6
113.0
7.6
l6.it
13.3
3.1
23.0
U9.9
U6.3
UU.O
2.2
3.7
66.9
73.6
U8.0
6.6
12.1
18 .9
58.9
Ul.U
U6.7
67.0
50.6
U3.0
7.6
53.5
iti.i
56.6
2.9
5.1
9.8
12.2
3.1
lll.2
2.8
16.7
11.7
17.0
20.
t=,.l
1.7
1.6
3.8
.5
13.8
8.6
10.2
By taz-exemptloa prOTlslons
3.
Vholly exempt from federal tneama turns U/
Partially exempt from federal ll
taxes
Subject to federal Income taxes
^
,101
•
1/
K/
5/
100.0
100.0
1.5
17.7
32.t
3.8
10.5
lU.7
15.1
12.8
1-9
5-9
22.6
20.5
16.U
13.3
3.1
23.0
figures are rounded to the nearest million or the nearest one-tenth of one percent and vlll not necessarily add to totals.
Less than $500,000 or less than .05^6.
Public marketable securities Include all securities Issued except (1) special Issues to OoTernment agencies and trust funds.
Such obligations were
(2) adjusted eerrlce bonds, (3) depositary bonds, (U) United States sarlngs bonds, and (5) tax series notes.
held by institutions reporting, as follovs; (1) depositary bonds: comaerclal banks - $57 millions; (2) Onlted States savings bonds:
$25 millions. Insurance companies
$38 millions, all Institutions commercial banks - $176 millions, mutual savings banks
$238 millions; (3} tax series notes: commercial banks - $36 millions. Insurance companies - $12 millions, all institutions - $U8 millions.
XxcludaB Exchange Stabilisation fund.
Xxoludes obligations sold directly to the Treasury.
Seonrlties the income from whidi Is exempt from the normal rates and the surtax rates of the federal income tax.
Securities the income from which lo exempt from the normal rates of the federal Income tax. (In the case of partially tax-axempt
Treasury bonds, Interest derived from $5,000 of principal aaount owned by any single holder is also exampt from the surtax rates of
the federal Income tax.)
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, December 31, 1941 - (Continued)
Table II.- Dlstrlbutton of Ownership for Bach Issue Oatstanding
PABT A - PAB TALDU
»
MIUJ0H8 OF OOUJLBS
?T*lla autotakl* IstcrMt-kMrtac
B*1A
^ t«alcs aad
MonrltUi
1/
laavruio* ooqpuil«a
Bald Vj
U. 8.
6,h; ««
total
•caaalaa
Tstal
aad troat
ftra,
197
fosda, and
oatnaliy,
lif«
Fadaral
Innrano* &nd aarla*
Rasarra
Ottt-
5.793
tMtl-
T**«l
mtval
old
•arises
<wpan1>« InauraaA*
eo^anlae
kuk>
Bhally axa^t froa ladaral laoaaa taxaa
Traaaarj aoiaa
25
19U2
Saptaakar 19l»2
l-}/»1(
BMaAar
l-3/)»)(
Marak
l-l/«)(J<Ba
,
19l»3
,
239
136
629
3*
100
,
U6
2a
108
«7
309
192
152
19*
9*
8
6
77
8
^
12
186
1*5
Marak
19HI»
Jm»
19UU
Si
Saptaribar 19W>
3/kf
Marob
2*3
71*
4^5
33
k25
276
235
31
*23
^.262
2.213
2,051
1.951
28l(
,
fatal fr«aavr7 aataa*
loada
Faatal acrlafa
fanaaa Canal...
Oaararalaa
Baaka 2/
2)K>
186
lU
Ul
1
g
^?
10
96
167
67
756
1,29*
I
162
95
103
159
101
119
37
73
U7
32
fatal kaada
,
.,
ISI
90
73
*9
28
50
as
fatal lAall/ asanpt froa fadaral
taxaa
tl.
use
3te
232
Xi
J/ki
1^
I9UJ
Bald tj
all
othar
loraatora
^
19>»S
aaptMkv I9fc3
1^
1-1/gf SaoaaWr igkj
OoTarmaBt
761
196
Xk
13
12
k.M
2.226
2.063
1.96*
ikl
51*
590
32
151
788
1.***
163
95
62
196
237
13
*9
1?
51
U7
185
52
1**
37
100
109
28
18
58
67
Partlallj a»««pt trtm Fadaral laaa—
taaaa Vj
fi aaa iu
5-3/«* J»*a
i-lfki Ootabar
19^3-*7.
y-lfH Xfrn
I9l»^-'I6.
lSf*yM.
^
Baaaakar 19>l>l-^,
Z-ifki Saptaakar 19I»$-(T,
a-l/zit Baeaakar l^....
J-3/M
Itarah
Ataa
yi
3-1/S4 Ataa
k-l/)if
Octekw
Baoaakar
Zi
2-3/k^ Iterab
261
199
l.lMl
790
90*
S5
1.037
6li2
i.aH
793
5«u
"•25
"Al
575
327
19*fr-5«.
s
165
368
270
»8
«5
78
xxo
185
*71
552
»9
25
128
136
76
2*5
2S6
3«5
238
263
23
IR
7*
IM
iSi
95*
6«2
80*
5*9
560
150
133
161
273
a9
a7
7a
MSk
173
kax
n
120
675
588
65
93
72
31
7*
55
15
356
392
27*
xU
136
582
281
105
*«9
227
1.^
819
»91
759
701
1.223
klO
27*
5B
926
'19«
19>t«-51,
200
ak
X9>t6->t9.
19kT....
7«
75
80
52
X^M-it.
19'>7-;2.
58
a
680
a9
98
\u
2-1/9^ laptaakar 19>tS...,
Baaaakar 19>tS-9>,
Zf
3-1/1^ Baaaakar 19U9-52,
k5l
2-1/2^ Baaaakar 19>)9-53'
»-l/2i( Saptaakar 19SO-52.
1.7S6
2-3M A»a
1951-5*.
1.627
1.227
»99
1.1*5
Saptaakar 1951-55.
ii
l-Xfki Bioaakar 1951-53.
Jaaa
1953-55.
2*
755
l.llS
785
300
gl2
63S
195V^.
6S1
e.6ii
1.U6
Saptaakar 1956-59.
9S2
616
335
25«
391
a3
lA
1.2^
6«7
1,06S
352
39
*29
677
26,50
17.*50
11,997
10.097
1.900
5.k53
3-X/Hi
taa
2-7/fi( Marak
Z-JP4
e-ifiti »a»
2-3/kj( Baaaakar
195'»-S6.
195»-63.
1960-69.
fatal fraaaarjr kaada
2$:
691
1.U6
92
391
53*
(Osattaaad oa follovlac
pa^)
19
61
295
512
8»
63
t
80
28
269
52
208
38
153
1*5
67
12
19
38
26
63
197
80
8
87
1**
I"
*7l
60
u
291
19
12lt
332
il
167
33
'^
ji
51
u*
*33
177
102
1.061
189
79
131
*.32*
va
121
1*2
297
3.032
6,099
90
35
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, December 31, 1941 - (Continued)
Table II.- Distribution of Omership for Each Issue Outstanding - (Continued)
FART A
Issue, elftsslfied by
tax-exttoptlon proTlsion
-
PAR VAUTES IN UIIXIONS OF COLLARS-tContlnued)
36
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by the United States, December 31, 1941 - (Continued)
Table II*- Distribution of Ownership for Bach Issue Outstanding
-
(Continued)
PART B - PERCENTAGE DISTRIBUTION BY GROUPS OF INVESTORS
Pul)llc saxicetable Intereit-bearloe •ecurltiea 1/
Held by tianka and losnranca ooq)anlei
eoT»red la Trsaffuxy wurr^j
Eald
n.
Iiiua. claseiflfld
6,28^ banlct
Total
toy
aaoxiut
tax-*x«n^tion prorlilon
out-
tandlBC
Total
7.0U6
Inatl-
tutlOM
5.793
CO AID* r- arutoal
olal
earln^s
banlCB
bank!
761 Inatiranoe ooopanlas
5».
ftr*.
197
llf«
oavnalty,
Inaoraaco and Barln*
CO nip aula* invarase*
co^)anl«t
Wiolly aiai>t froa Taderal Ineoaa taxaa
tre&twry ootaa
^
19Ua
Saptaaber ISkl
1.3/U)( Dacaahar 13^2
100.0
100.0
100.0
56.1
39.8
1-1/8)1 June
I9U3
Sapteabar
li
l-l/Si Saeaabar
19lt3
lOO.O
100.0
100.0
51.5
70.8
19'»3
March
Jane
September
March
19Vt
19UU
19Ut
IjU;
100.0
lOO.O
100.0
100.0
56.9
59.8
11.8
63.3
1-3 /'•I' March
2f
1^
3/U^
If
jPti
100.0
fctal Traaanij aotea
Sonde
Foital aaTlD^
Panaaa Canal .•••••••>•<••>•••>•
Conversion
Total bonda,.
Total wholly exeapt from Tederal
Incooe taxes
Partially exempt from Federal Incoae
taxes h/
Treasury bonds
19lA_lt6
100.0
100.0
100.0
Decenber igWu*
2-3/U* September ISUj-UT
2-l/2)t December I9I45
100.0
100.0
100,0
J-jP*i March
Jane
if
3-1/8* June
I9U6-56
100.0
100.0
100.0
U-l/Ujt October
lS>*7-52
December
a.3/U)t March
19U7
igUg-Jl
3-3/8* Jane
3-l/U)t October
3-l/U)t April
19^3-4?
19lt}-lt5
U)t
2*
19lt6-68
I9't6-U9
2^1/2* September 19't8
December 19Ug-50
2*
3-1/8* December 191*9-52
2-1/2* December ig^-SS
2-1/2* September 1950-52
1951-5'*
2-3/'** June
3*
100.0
100.0
100.0
,
•
I95I1-56
2-1/1** Jon,
2-7/8* March
1955-60
2-3/1** September 1956-59
2-3/1** June
2-3 /U* December
1958-63
I96O-65
fetal Traaeury bonde
100.0
100.0
100.0
100.0
100.0
100.0
September 1951-55
1951-53
June
1953-55
2-1/1** December
2*
100.0
100.0
100.0
,
,
100.0
100.0
100.0
100.0
100.0
ItU.l
V
B.
OovernBant
«£enol«i
and tnut
ronda, aad
Baaarra
BaBka 2/
V
Eald
all
othar
Invaatora
37
Summary Data from Treasury Survey of Ownership of Securities
Issued or Guaranteed by tiie United States, December 31, 1941 - (Continued)
Table II.- Distribution of Ownership for Bach Issue Outstanding
PART B
-
PERCENTAaE DISTRIBUTION BY aROUPS
Of
-
(Ck>ntlnuedl
PRICES
AND
YIELDS
OF
GOVERNMENT
SECURITIES
(Including securities issued by Federal agencies)
-38-
39
Over-the-Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
February 16, 1942
Table
I.
-
Securities Issued by the United States Government!/
PARI A - BONDS AND NOTES
Prlee data
(reclaali ar« tblrty-aaeoodt)
iaonnt
oat-
Obaa^e
itud-
IB
B»erlpttoa
ix
Mean
(Mll-
aeaa
frea a
onth
Itom)
Price ran^e
•iBce flrat traded }/
(Beciaals are thlrty-iecOBda)
Held data 2/
Held
U/
Ctaaa^
IB
Matn7lsld
rlty
froa a
rlald
BOntb
19U1-19U2 price raage j/
(Declaals are thlrtjr-eecoadt)
Sate
of
ieeae
High
le«
High
Date
Price
Date
9/17/^1'
107.29
108.10
109.10
lAAl
lAAl
lAAi
116.19 6/22A9 911.06 1/11/32
110.12 12/12/W 99.27 9/l7/>5
109. 2U I2/1U/I40 101.31 12/15/37
113.22
109.25
109. 08
1/2A1 108.12 12/27 Al
l/2Al 105.31 2/llA2
1/2A1 105.11* I2/27A1
116. lU 12/lU/llO
112.28 12/16/ltO
113.19 12/lU/llO
115,16
111.29
112,17
l/2Al 109.28
1/2 Al 107.22
1/2A1 108.08
2/llA2
I/2A2
2/l6A2
121. 2ll
1/2A1 111*. 22
1/2A1 103,28
8/2A1 100.22
2/16A2
2/I3A2
2/25AI
i/2Ai 106.16
i/'Ai lOK.;!
2/13 A2
Date
tre>«ttry boadi
.13* 2.59* 6/15/27
2.00 10/15/33
.07
U/16/3U
.03 1.92
i.uoi
1.519
3-lA -10/15A3-'^
3-lA - U/ljAi-W
103.27
lOU.lO
105.09
103.30 103.28
lou. 13 IOU.12
105.12 105.10
-,02
-.03
-.OU
.60
,77
1.037
U
-l2A5Al»-5't
108. lU
l,21li
2-3A
-
2-1/2
9A5A5-»7
-12/l^M
106.00
105.20
108.16 108.15
106.02 106.01
105.22 105.21
-.13
-.08
-,0U
.95
1,03
.99
.OU
,03
.00
3.3A
-
3/15/W-56
-
6/l5/U6-l«
6/15A6-I19
109.28
107.26
108.06
109.30 109.29
107.28 107,27
108.09 108.08
-.13
-.05
-.05
1.25
3
.05
.00
.00
3-3/8*- 6/l5A3-'»7
U89
1.036
»19
3-1/8 -
...
U-lA -10/15A7-52
-1.06
-.20
llU.21
lOU.Ol
XOl.lO
llU,2l» llll,22
-.26
-.23
-12/l5/>«8-50
106.21
106. OU
103.22
106.23 106.22
106, 06 106.05
103. 2U 103.23
- 6/15/U9-5I
3-1/8 -12/15/^9-52
2-1/2 -12/15A9-53
100.19
109.10
105.03
2-1/2 - 9/15/50-52
2-3A - 6/l5Al-5'»
- 9/15/51-55
3
1.118
2-iA -12/15/51-53
i,osk
2
-12/15/51-55
2-1/2
5/52-5''
3/15/
759
701
1.115
-12/15A7
2
2
-
2-3A
-
j/kM-^o
3/15/^-51
1.223
U51
571
2-1/2 - 9/15A8
1.013
2
2
1.786
1,U6
1.627
755
725
681
2.611
l.i»i<9
982
-,05
-i,oU
-1,06
1,91
1,83
1.79
'.02
..11
.lU
1.93
2.15
2.01
105.10
107.03
109.03
105.12 105.11
107.06 107. oU
109.06 109.0U
-1.03
-1,10
-1,10
1,82
1.91
1,95
.12
1,9"*
•.lU
.13
2,09
2.22
103.20
100.00
103,00
103.23 103.22
100.02 100.01
103.03 103.02
-1.08
-.10
-,30
l.Sh
2.00
2.16
•.13
..OU
..10
1.90
2.00
2.21
12/22/39
.13
2.20
1.80
1.96
2/25/U2
10/7 /Uo
2-3A
2-3A
eAs/SMe
5/|
6/15/58-65 5/ 107.26
-12/15/60-65 5/ 108.15
2-1/2 - 9/15/67-72 14 100.11
919
2.716
1/15/^
100,21 100.20
109.13 109.12
105.06 105. oU
107.29 107.28
108.17 108. 16
100.13 100,12
-
111,18 12/12/V) 99.10
111.01 I2/12/I1O 100.30
107,00 12/12/ltO 101,10
-,17
-
107,28 107,26
1.51
1.55
12/15/31*
12/15/36
1/12/32
9/17/^1*
1/11/^2
10/8/23
9/'25/M
2/25Al
l'/l/37
2/16A2
2/15A1
108,30 12/l0/>t0
110,26 II/I2A1
108. 2U
2/15 Al
2/15A1
3/20A1
107.01 ll/?2Al 10-^.00
101.16 12/5A1 106.01
106.16
8/2Al 101. ou
2/16A2
2/15A1
100. 2U
105. lU
2/lltA2 100.18
11/22A1 101.19
107.08 II/12A1 102,31
2/l6/l»2
107.01 11/22A1 101.08
101.16 I2/5A1 100.01
106.16
s/sM 101. OU
5/2U/UO
2/16/U2
7/22/1)0
2/1U/U2 100,18
ll/22Al 101,19
107.08 11/12A1 102,02
112.16 ll/lAl 98.30 9/20/35
II/5A1 101.30 12/26A1
105. 08
U/l/37
111.31 10/29Al 98,10
113. 2ll 12/30/llO
100. 2U
105. lU
2.1U
2,32
2.12
».ll
2.30
.05
2.31*
».07
2.21
3/15/35
6/2/Ul
9/15/36
-1.05
-1.08
2.17
2.20
2.U8
.07
2,28
2.29
2,U8
6/15/38
112. OU
12/15A8
10/20A1
112.2U
103.15
.68
.83
l.Ul
1/1/16
1/1/17
6/1/1;
„.:
„„
1^5.00
6/15/37
lOU.lS
105.28
105.03
5/18/39
12/15/37
2/1 5 A2
II/I2A1 105. ou
110.26 II/I2A1 107.00
113.09
7/7A1 109.02
9/25/39
12/l5Al
3/31A1
110.22
110.05
106,23
101.07 1/28/1*2 100.17
llU.lO
I/2A1 109.12
108. lU II/12A1 105.01
5/2lt/So
99.15
98.16
82.08
9/15/38
6/15/16
9/15/31
106.30
lOU.OS
103.23 I2/27A1
lOU.OO 12/27A1
105.00 12/27A1
101.07 1/28 A2 100,17 2/13/^
115. OU 12/12 /Uo 101.07 12/15/3U
lt/8/37
108.28 12/10/^ 96,19
-1.09
..to
-1.02
'f.ou
i/ioAk
?/i3A2
2/13A2
2,19
1.77
1.92
*.08
-.01
1/11/32
8/2All 105.19
-1.10
-i.iu
».12
89.18
97.28
83.05
3/16/36
3/15/38
12/8/39
1.59
1.51
I.U3
.03
87.20
97.29
99.30
3/15A1
10/16/22
12/15/38
.16
,09
6/5/39
6/5/39
6/7/39
122,22 12/lU/l»0 98.18
107.20 12/l2/ltO 99.11*
104,05
8/2AI 100.22
1,9't
108. lU 108. 13
102,05 102. OU
2-iA
6/15/52-55
3/15/26
6/15/3U
6/15/31
.12
.09
.08
2-7/8 - 3/15/55-60 , 108. 12
2-1/2 - 3/15/^6-58 i/ 102.03
2-3A - 9/15/56-59 5/ 107.25
- 6/15/^3-55
12/15/2U
9/16/35
12/15/37
.,02
100.19 100.18
102. 12 102.10
103,22 103.20
-
1,16
.99
1,53
1.27
1.77
10U,0U 10U,02
101,12 101.11
100.17
102.09
103.19
2-iA
2
l.lll
3.19
1,61
lll.lU
111.07
111.26
U/l^
1/11/32
7/2U/U0
ii/iAi 99.15
11/lAl 99,11'
11/5A1 100,01
9/25/39
9/25/^9
1935
75.00
1920
127.22 11/18A1
75.00
6/I8/2I
1/2A2
2/15A1
2/15A2
2/l6/ltf
3/20A1
2/15A1
2/15A1
112.16 ll/lAl 107.16 2/15A1
II/5A1 101. JO 12/26A1
105. 08
111.31 10/29A1 106.28 2/15A1
112. OU
112,2U
103.15
11/lAl 106.28
11/lAl 107.06
11/^Ai 100,01
2/15A1
2/15A1
1/2/U2
0th«r bead*
ii 0on»er«loii-l/l/U6
Coii»«r»10B-l/lA7
3
-6/1/61
Pmaau
3
108.20
110.00
126.00
.68
.83
109. OU 108,28
.10
110,2U 110.12
127,28 126.30
*.l6
»2.22
l.ltl
100.03
,ou
.01
.01
8/32
8/32
.05
,00
,02
.37
,18
,22
-,lS
-,06
-.08
.37
.18
.22
3/15A1
101. oU
6/15/38
103,00
102,15
-.07
-.02
-.08
.23
.33
.37
12/15/38
11/1/59
6/15/39
103. 08
102. 15
11/9 Ao 100. 13
101.15
9/27A1
12/22/39
111.00 l/29Al 108.01* 12/13A1
112.16 7/22A1 loq.iu 12/15A1
I/I5A2
127.22 ii/isAi
Treawry notgt
i-3/>m A B 2
20
3U2
232
66
629
279
I
*
531
503
t
t
I
1/
1/
i/
u/
5/
100. OU
1/12A2
lOl.OU
U/^/Uo
99.OU
9/6/39
102. IK
11/8 Ao 100.22
6/1 1/1(0
102.05
7/25AI lOO.OU 1/12A2
i/ioAi ion, 28 12/loAl
lAAi 100.26 12/llAl
9/6/39
9/6/39
102.21
102.05
101.15
1/17A1 101.06 12/loAl
i/isAi 100.26 12/llAl
9/27A1 100.06 12/1 lAl
12/9/v) 100.10 6/ll/k)
9/10A1 99.11 12/loAl
8/6A1 98.26 6/lo/Uo
102,07
100.21
101.16
lAAi 100.23 12/loAl
9/10A1 99.11 12/loAl
8/6A1 100,03 12/llAl
3A
» A -
3/15A3
6/15A3
9/15A3
100.12
101.07
101.06
100, lU 100.13
1
B - 12/15A3
B - 3/15/Wt
A
101.21 101.20
101. lU 101.12
100.29 100.28
,02
,01
5A
101.18
101.11
100.26
.00
.23
.33
.37
101, 15
101.18 101.16
100,01 100.00
101.01 101.00
..oi«
,1»1
*.02
M
,05
,03
.75
,U2
-.06
-.OU
.75
.U2
1/31A1
3/15/ltO
102.16
100.21
101.16
,03
,85
1,02
-.02
.85
1.02
12/18/V)
100.18
9/9M
ll/lAl
100. 18
10/25Al
1-1/8
283
635
718
7/25A1
12/15A2
-
I
5ii
102.23
103.30
105.23
c -
-
-
I
6/l^M
9/15/Wi
9MM
3/15/^
3A
3A
B -
3A
B - 12/l5/''5
1
A -
A
-
3/I5A6
99.31
100.31
99.19
99.29
101, lU 101.13
101,23 101.22
101,09 101.08
101.08 101.07
99,22
99.31
99,20
99,30
,06
8/32
-.01*
9/15/
6/15/^
2/16A2
99.26
9/7/37
V5/^9 100.26 9/16/37
6/2U/39 101.05 12/15/37
1-3A
1-1/8
Il21
.06
100.03
101.12
101.20
3/15A2
9/l5/>«
U/2/U0
98.30
97.16
6/10/I1O
99.01 12/10 Al
99.11 12/ioAi
l/2f<
l/2«Al 101.09
1/28A1 101.16
100.18
9/9 Al
100.18 io/25Ai
I/6/U2
I/3A2
99.01 12/loAl
99.11 12/loAl
Taxable leeuee.
Xxcladee postal eaTlagi bonde.
the eiceee of prlee orer lero yloU It glTCB la the yield colnane iB
»heB the price of a •eeurltj li each ae to reealt iB a asgatlre yield,
thlrty-eecOBdt.
OTer-the-coanter aarket, except that Ireaiury bond prlcei for the period prior to
Prlcei repreteat the aeaa of cloalsg bid and aak naotatloae In the
•When limed* prlcei are laclnded beglBBlag Septeaber 30. 1939. Datoi
Bichange.
Septeaber 30, 1939 ropreeent cloilag prtcee on the lew Tork Stock
datei.
latait
the
are
racBrreaae.
of
of hlght and lowi. In caie
date .hea price, are belo. par.
Coapnted ea aean price to call date .hea price, are aboTO par: to aatnrlty
later In thl. chapter.
laolBded la long-tera arerage of partially tax-Kxeapt treaiary bond, ehwa
thl.
chapter.
Uter
la
.ho»B
boad.
treaeary
taxable
of
lacloded la loag-tera average
Do
Over- the -Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
February 16, 1942
Table
I.
-
-
(Continued)
Securities Issued by the United States Government
PART B - TREASOKf BILLS
Aaount
outstanding
(Millions)
-
(Continued)
Over -the -Counter Closing Quotations on Public Marketable Securities Issued by the
United States Government and by Federal Agencies
February 16, 1042 - (Continued)
Table III. - Securities Issued by Federal Agencies but not Guaranteed by the United States
FART A - I33UES Of FEDKHAL IHTERliEOIATE CREDIT
AaoQBt
(Mlllloai)
BAMU
4s
<
•
5 «
I
>
8-S;s
D
• c
"
^
II' 1!
J " *
"^
V
o-j
Mill
5
* ,
<
«-
C-C u
, V 3 i <
» o » C
*
I.
o
* E
*-
•
il
0"^ - ~
o • a
»^3
Average Yields of Long-Term Treasury and Corporate Bonds
(Percent)
PartUlly
taxexempt
Treaanry
Taxable
Treasury
bsndB ij
bonds- ly
Partially
tai-
Highgrade
corporate
bonds i/
exeapt
Traasiuy
bOBde ly
Partially
HighTaxable
grade
Treasury
corporate
bonds 2j
bonds i/
taxexempt
Treasury
bonds \j
HighTaxable
grade
Treasury
corporate
bonds 2/
bonds
U
Hontbly Series \J
1937-Jan.
Teb..
Mar..
2.1*7
2.1*6
3.0?
19110- Jan..
3.21*
2.60
3.36
leb..
Mar..
2.3c
2.32
2.25
2.81
2.79
2.77
2.80
2.76
2.76
3.1*3
3.36
3.31
Apr..
May..
June.
2.25
2.18
2.39
2.71*
3.88
Apr..
May..
June.
2.92
3.03
3.20
3.83
3.87
3.89
July.
Aug..
Sept.
2.72
2.72
2.77
3.27
3.25
3.26
July.
Aug..
Sept.
2.28
2.25
2.18
2.85
2.80
2.71
3.10
3.07
3.01
3.8lt
Oct..
Hot..
2.76
2.71
2.67
3.26
3.22
3.17
Oct..
Hot..
2,10
1.97
1.89
2.70
2.65
2.59
1935- Jan.
feb..
Mar..
2. SB
3.60
3.52
1938-Jan..
Teb..
Mar..
2.65
2.6U
2.61*
3.17
3.15
3.16
Peb..
Mar..
1.99
2.10
2.01
2.57
2.71
2.73
Apr.
May..
June.
2.7'«
3.U7
2:72
2.72
3.1*8
3.l»3
Apr..
May..
Jane.
2.62
2.51
2.52
3.25
3.1*
3.15
Apr..
May..
June.
1.96
1.92
1.91
2.76
2.75
2.70
July.
Aug..
Sept.
2.69
2.76
2.85
3.35
July.
Aug..
Sept.
2.52
2.51
2.58
3.12
3.10
3.12
July.
Aug..
Sept.
1.90
I.9U
2.66
2.65
2.6U
Oct..
Not..
3.'t6
2.1*8
3.06
3.tl
5.39
Oct..
Hot.,
2.50
3.0I*
Dec.
2.85
2.83
2.83
Dec.
2.1*9
3.02
Oct.
Hot.
Dee.
1.88
1.85
1.96
2.23
2.22
2.37
2.61
2.57
2.68
1936- Jan.
Feb..
Mar..
2.80
2.77
2.71
1939-J'«>..
2.U7
2.W*
2.01
2.37
2.76
2.31*
2.96
2.90
2.87
191*2- Jan.
3.2''
k^T,,
May..
June.
2.68
2.66
2.66
3.22
3.19
Apr..
May..
June.
2.30
2.17
2.13
2.92
2.86
2.78
July.
Aug..
Sept.
2.65
2.61
2.60
3.18
3.18
3.15
July.
Aug..
Sept.
2.16
2.21
2.65
2.76
2.79
3.29
Oct..
Mot..
2.62
2.53
2.51
3.1''
Oct..
Hot. .
2.60
3.11*
2.1*6
Dec.
2.35
2.93
2.86
Z,.
1.90
2.61*
16..
1.97
1.95
2.65
2.65
11....
18....
1.87
1.97
1.97
2.05
2.?0
9.
1.92
1.89
1.90
2.1*2
2.60
2.69
2.73
2.75
23.
1.95
2.67
25....
l.«3
30.
1.90
2.65
2.00
1.97
2.01
2.03
2.05
2.39
2.3s
2.38
2.36
2.37
2.70
2.73
2.76
2.79
2.80
193U-Jan.
leb..
Mar..
3.50
3.32
3.20
U.26
Apr..
Hay..
June.
3.11
3.02
2.9S
u.oo
July.
Aug..
Sept.
Oct..
Hot..
Dec.
l».lU
't.07
3.9'*
3.78
3.68
2.79
2.77
Dec.
3. ''9
3.t7
3.32
3.26
3.2't
3.11
3.07
Dec
Teb..
Mar..
Weekly Serlaa - Saturday Piguree
19>*l-i)l<.
19Ul-0ot.
\...,
7.
2.06
2.10
2.38
2.110
2.79
2.78
2.
2.01*
5.
2.0U
2.05
2.05
2.06
2.06
2.36
2.36
2.18
2.37
2.38
2.38
2.80
2.80
2.80
2.79
2.78
2.79
2.18
2.78
2.76
2.78
1.85
2.6U
29....
1.86
2.2I*
2.58
20.
1.9"*
27.
1.92
10.
17.
2.38
lU.
22....
2.65
3.
2.1*0
2.57
2.61*
2.61*
1.96
6.
2.58
1.83
1.85
1.92
13.
1.82
1.91*
13.
20.
27.
19lt2-Jan.
8....
15....
Sept. 6.
1
19l*l-Sec.
2.60
2.20
2.20
2.22
2.22
Hot.
19ltl-Jan.
^
2.62
2.61
2.61
2.22
Dec.
2.87
2.93
2.57
2.56
2l*.
31.
Dally Serlei
19U2-JaB.
1.
2.,
3.
5.
6.
7.
8.
9.
10.
12..
it
15.
19l*2.Jan,
6/
2.01
2.00
2. "to
1.99
2.00
1.99
1.98
1.98
1.97
2.38
2.38
2.38
2.38
2.38
2.38
2.73
2.72
2.72
2.72
2.72
2.73
2.38
2.38
2.38
2.38
2.7I*
1.99
1.99
2.00
2.02
2.39
2.75
2.76
2.75
16...
17...
2.01
2.01
2,38
2.38
2,75
2.76
19...
20...
21...
22....
23....
2.01
2.01
2.01
2,00
2.02
2,03
2.38
2.37
2.36
2, 36
2, 36
2, 36
2.75
2.76
2.80
2,79
2,79
2.79
2,01*
2, ,36
2,02
2,02
2,03
2,05
2,05
2. .36
2.80
2,80
2,80
2,80
2.80
2.80
21*....
26....
27....
28....
29....
30....
31....
2 .35
2 .36
2,37
2.37
19l*2-Peb.
6.
7.
9.
10.
11.
12.
2.06
2.08
2.09
6/
2.1*0
2.1*0
,^
2.1*1
IJ:
2.11
2.10
2.1*0
2.78
2,78
16.
2.11
2.1*0
2.79
»rket.
Treaeory bond yields are eosqmted on the baeie of the mean of bid and ask qpotatlone In the oTer-the-counter
(1)
Saels of Compntatloni
days when sales took place on the
beginning September 2, 191*1: preTlously, closing prices on the He» Tork Stock Ixchange ««re used on
Stock Ixchange on days «hen no sales took
Bichange In a particular Issue and the mean of closing bid and aak quotations on the He. Tork
closing prices on the Ie» Tork Stock Ixchange and the Hew Tork Curb Hplace,
(2) Corporate bond yields are computed on the basis of
chango: on days »hen an issue does not sell, the price of the last preceding sale is used.
subsequent Issues,
Sack figures: See "Treasury Bulletin" for Jcdy I9U1, pages 21-26, and
tax-exempt bonds are those the InterATorage of partially tax-exempt Treasury bonds neither due nor callable for t»elTe years. Partially
(In addition. Interest derWed from 15,000 aggregate principal
est on which is exempt from the normal rates of the lederal Income tax.
of the federal Income tax.)
amount of partUlly tai-exanpt Treasury bonds and Ohited States eartngs bonds Is exempt from the surtax rates
Taxable bonds are those the Interest on which Is subjsct
ATerage of taxable Treasury bonds neither due nor callable for twelTO years.
I9U1.
aTsrage
October
tax.
This
comnonced
Income
20,
to both the normal and surtax rates of the federal
aTorage of
ATerage of 9 bonds, JanuAiy 6, 1933 through December 6, 1935: aTerage of 15 bonds, December 7. 1935 through July 31. 1937:
20 bonds August 1, 1937 through September 13, 1938; aTerage of 5 bonds, September lU, 1938 to date.
used.
are
Saturdays
of
arorages
when
bonds
January
through
March
corporate
1933
1938.
Monthly aTerages of dally figures except for
On days when the exchanges are closed, the date and prices of the preTlous day are used.
Holiday.
kH
dO
ttLU
>
en
<
^
LiJ
(J)
I-
^
^
s
r
GOVERNMENTAL CORPORATIONS AND CREDIT
AGENCIES OF THE UNITED STATES
-J*5
«^6
Assets and Liabilities of Governmental Corporations and Credit Agencies
December 31, 1941
(In Bflllsni af Sollart)*
AsHt*
ZnTaataantt
Pr»LOftflB
eayltal
•ioek,
•te.
OMh
1/
U.
S.
OoT«rnMttt
Saenri'
tlai
Coaraa-
Zntera^anoT' aaaata
Baal eaAeeonati
tata and
and othar
othar
racelTOther
bualiLaaa
ablaa 2/
proparky
Dal t Ad
C^>ltal
Dua from
(>0Tam-
took la
OoTara-
antal
ental
corporatlona and
a^anclaa
corporatlona and
a^aaelaa
3/
201.
1.272.5
Baslct for aooperatlTOfl
Commodity Credit Corporation
Dls»iter Loan Corporation
113.
16.5
1.9
30.2
2.5
36.S
1.6
33.7
6.1
22.5
233.3
16.3
{Laotrlc Homo and farm Authority
X:q}ort>I^ort Bank of Vaehi^ton
Farm Credit Adnlnlatratlon
l6.U
188.3
278.9
15.9
139.5
.u
.9
lt8.U
2'>9.7
25-3
.1
farm Safforlty 4dali^lBtratlon
Federal Crop {naurance Corporation
Federal Deposit Ineuranoe Corporation...
5l(8.lt
U66.7
Federal Farm Mortgage Corporation
Federal home loan banks
Federal Hauslog Administration
U52.2
100.0
19.5
2U.3
16.5
1.8
53.8
39.2
32't-7
18.
U8.8
1M2.1
596.8
308.
Federal interaedlate oredlt banks
Federal land banks U/
Federal National Mortgage Association...
Federal Prison Induetries. Incorporated.
Federal SavlDgs and Loan Insurance
Corporation
Borne Ovnera' Loan Corporation
Z19.>*
2,236.2 l.76u!u
a3.2 207.1
23.8
.U
-9
3-7
.1
2.8
52.1
Panama Ballroad Company 6/
Production credit corporations
Public Vorks Administration
57.U
126.5
86.1
86.1
RFC Mortgage Company
Bural Electrification AdminlBtratlon.
Tennessee Valley Authority
Tennessee Valley Associated
Cooperatives. Inc. 6/
United States Housing Authority
United States Maritime Comnlssion
9.7
22.6
5.5
83.1
3U6.U
72.1
322.5
1.2
UOI.O
101. 't
33-3
1.3
2.7
169.3
u.o
5.8
1.7
5.6
•
32.3
,
10.2 5/
6.1
.U
2.6
15-9
109^6
10. U 8/
50.7
8.3
8.9
7.U
3.561.7 I.U32.5
..
175-2
U.U
9.9
36.0
166.9
1.9
237-3
2.8
812.6
25.
38.1*
2.7
133.1
2.585-9 1.777.1
253.5
50.1*
761.1
.9
11.5
Inland Waterva/s Corporation 6/
Interior Department (Indian loans)
National defense corporations JJ
Puerto Hlco Seconstructlon
Administration
Aecoustructlon Finance Corporation
Baglonal agricultural oredlt
corporations
lt8.5
1.1
30.7
12.6
2.U
17.6
26.1
585.9
.1
5.1»
2-7
.6
19.9
U9.1
•
.7
.U
U1.6
1.9
30.9 8/
100.0
3-2
1.223.1
351*-
16.7
lt69.5
1.6
6.8
6-5
15.0
6.8
17-1
W»7.0
.8
.3
51U.8
78U.1
8.7
367;^
29.7
7-2
33-5
U.l
21.5
127.1*
53.7
7-5
713.6
2,882.7
i*5l*-7
2.882.7
-'*5l*-7
Var emergency corporations and agencies
(in liquidation):
Havy Department (sale of surplus war
sx^iplies)
Secretary of the Treasury
(U. S. Bailroad Administration)...
United States Houaing Corporation...
United States Spruce Production
Corporation
Other OoTammental agencies 2/
3."
3.U
.1
1.9
.7
27.2
21.3
Oroaa total
18.758.9 8.>ie6.7
598.7
Adjuatoent to eliminate Interagency
interests
-3.337.'*
Bet total
15.1121.5 8,>»86.7
1.356.3
598-7
.6
1.2
.1
.U
1.280.
'•95.9
U95.9
88tl.l
88't.l
(Contlnuid on nazt pa^a)
U5.2
U5.2
959.l»
959-1*
573.6
573.6
713.6
^^7
Assets and Liabilities of Governmental Corporations and Credit Agencies
December 31, 1941 - (Continued)
{In
allUou
of dollari)
Proprietary Interest
Liabilities and resarTes
Uabllitlas
Total
Baakt for CDoperatlTea
Comodlt7 Credit Corporation.
DiUMtor Loan Corporation. .
.
Blootrlc Hoao and Tarm lathorlty.
Xxport-lBport Bank of Vaahlu^on.
TariB Or'odlt Admlolttratlon
Tarn Saenrltj Admlnlatratloa. ....... ..
radaral Crop Inaoraace Corporation. . .
Tadaral DtpoBlt Inanranoe Corporation.
Onaranteed by
nnited
States
( Includes
accrued
interest)
Oned by United
Doe to
lot
guaranteed by
United
States
OoTemmeatal
corporations and
agencies
Treasury
703.6
198.5
.1
.1
15.0
1U.8
162.0
1.9
107.2
166.9
101.1
22.4
.2
220.0
1.4
188.5
58.3
294!^
385.0
14.0
289.3
50.7
100.0
.1
186.
72.9
.3
•5
163."*
12.1
296.fi
28.5
11.3
2.0
13^.9
2.2
Tadaral farm Hortga^ Corporation
radaral boa* loan banka
yadaral Housing Admlnlttratlon
1. 3*2.1
1.279.1
121.
27.1
10.1
121.8
21.8
5.3
Tedaral Interaadlata orodlt banks
Tadaral land banki k/
Tadaral Satlonal Mortga^ Aaeodatloa...
238.8
1.798.«
237.8
.4
.7
85.9
1.75'».l
'*37.'*
89.5
1.5
102.9
43.2
192.>»
Tadaral Prlaon Indnatrloa, Inoorporatad.
fadjtral Savln^i and Loan Insu-anca
Corporation
Hoaa Ownarei Loan Corporation
Inland Watervays Corporation 6/....
Interior Department (Indian loans),
latlonal defense corporations 2/>**
Panana Railroad Company 6/
Production credit corporations
Pabllo Works Administration
Poerto Blco fieconstniotlon
Administration
Roconstraotlon Plnance Corporation.
Regional a^leultural credit
oorporat lone
2,l4«8.2
1.8
2.'*32.1
2>».l»
31.7
1.2
.8
777.1
69.9
707.2
3.2
2.7
.5
.4
.7
.2
RJO Mortga^ Company
Bnral Xleotrlfloatlon Administration.
Tennessee Valley Authority
57.6
223.0
79.6
2.5
Tennessee Valley Associated
CooperatlTea, Inc
Ublted States HooslDf Authority. .
DBlted States Maritime Commission.
375.6
489 •*
55.1
19-3
57.0
.3
254.0
^.
1.4
.9
.5
188.
58.3
175.0
13.5
385.0
IV.O
150.0
58.3
385.0
14.0
150.0
224.5
20.8
U.O
6.9
131.3
97.7
131.3
97.7
100.0
31.3
200.0 -102.3
24.2
2.8
35.5
72.9
25.9
1>*5.U
5/
10.8
12.0
12.2
30.0
5.5
7.0
120.0
47.2
6.1
4.1
2.8
54.2
126.1
86.1
7.t
561.9
86.1
7.U
561.9
•5
21.9
21.9
5.0
•
25.5
123.4
390.0
25.5
123.4
390.0
25.0
3.2
21.5
1.1
-1.6
60.0
67.5
10.0
115.0
450.8
6.3
139.2
38.6
29it.6
3.'*
275.8
13,U09.1
Adjustment to eliminate interagancy
interests
-2,882.7
10.526.lt
I
Ionstock
325.0
236.9 8/
16.9
•
5
123.*
390.0
.3
OrosB total
Sours*:
140.0
100.0
24.0
125.0
223.0
War emergency corporations and agencies
(in lliinldatlon):
Vavy Department (sale of surplus war
supplies
Secretary of the Treasury
(n. S. Railroad Administration)....
Dtalted States Housliig Corporation....
Ctalted States Spruce Production
Corporation
Other OOTernaental agencies
67.5
139.3
161.5
101.1
22.4
85.9
212.9
20.8
7."*
8O6.I
5.'*
100.0
124.7
126.1
36.1
1,807.8
Surplus
100.0
124.7
72.9
^.S
.U
2.999.7
Capital
stock
61.
.6
l.(
Privately
ovned
States 10/
Other
38.3
.3
1.171.3
Raserres
Xxoees of
assets
(Total
proprietary
Interest)
6.359-3
6.359.3
3,241.7
3.a'n.7
138.2
29i».6
3.'*
.1
.1
1.9
1.9
3.'»
.1
3't.l
-32.2
.2
.4
.3
.3
.1
275.8
1,080.5
1.080.5
21.3
5.3^-8
431.1 4,918.8
1.846.6
58l».9
•Jt^.7
•J*5*.7
-^53.7
-1.0
U, 895.1
431.1 4,464.0
1,392.8
583.9
1,279.0
1,603.6
•1,279.0
•1.603.6
925.'*
925.4
.059.3
Dallj Traamry Statementt.
!,«•• than $30,000.
Ixoludaa mi«2pandsd balaaoaa of appropriated fonla.
locludee daposlti vlth the Baconttruatlon Tlnaaee Corporation and Interest thereon.
laoludea paid-in vurplui.
Inol«d*e the aetati and llabllltlei of the Tederal X«nd Banks of LooieTllle and Eoiutoa iriilch hare retired etook and paid-in mrplu*
prerloxiely held ty the Tederal QoTemaent.
laoludee $13U,221 due to Tederal land liaake froa Tftiited States Treasnzr for subscription to paid-in fnrplns.
ngores shovn are as of SoTeaber 30t 19^1; flgores for Beoaaber 31t 3.9^1 are not aTalXable.
Comprises Defease Hones Corporation, Defense Plant Corporation, Defense Supplies Corporation, Metals Beserre Compajiy, and Rnbltar
Beserve Conpanjr.
Adjusted for Intera^enoj Items and Items la transit*
Conprlees Treasury Department and other OoTeramental a^eaolee not Hated In this statement.
Ixoludee the Interest of the thilted States represented by obllcatloaa held by the Treasury.
••87.3
2,'*87.3
u
Sources of Funds of Certain Governmental Corporations and Credit Agencies
for the First 6 Months, Fiscal Year 1942
Corporation or ageacy
Appropriation!
froB l}«neral
Tund of the
Treasnjy 1/
$27,000,CXXI
Central Bank for Cooperatives
Commodity Credit Corporation
•
1.637 ."t^e 1/
Allocations, rediscount b, and loans from
other goTornaiental corporations and credit
agencies (net)
Sale of ohligatlone In
the market
(net)
Sale of
ohllgatlons
to Treasury
(net)
t
$ 10,707.623
67,670,161
Sale of stock
to other
agencies
$ 22,000,000
$
181,100
'»,g02,0O0
Disaster Loan Corporation
-1.390,000
Ilectrlc Home and 7arm Authority
21,700,000
Kxport- Import Bank of Vashlngton
federal Deposit Insurance Corporation
-111,310,000
Federal Tarn Mortgage Corporation
17.273.025
federal home loan hanks
lo.sso.Ugo
federal National Mortgage Association
federal Savings and Loan Insurance Corporation.
Home Owners' Loan Corporation
Hational defense corporations
^
100,000
Reconstruction finance Corporation
United States Housing Authority
7.788.707
Corporation or agency
31,9lt2,U65
5.335.297
$itl,76l,U50
Ikital
78^.«53,750
Go. 190, 000
6.182, 6g>t
BfC Mortgage Company.
Rural Electrification Administration
3,000,000
'tlt5,266,'»97
$59it,iit9,920
169,000,000
-112,099,000
»975,853,750
* -72.533.975
$3,181,100
'^9
Uses of Funds of Certain Governmental Corporations and Credit Agencies
for the First 6 Months, Fiscal Year 1942
Corporation or agency
50
Sources of Funds of Certain Governmental Corporations and Credit Agencies
from Inception of Organization through December 31, 1941
Approprlat lona
from General
Tund of the
Treasury 1/
Corporation or agency
Central Bank for Cooperatives
$
U7, 000, 000
21*, 000
Disaster Loan Corporation
Sale of obligations In
Sale of
obligations
to Treasury
Sale of stock
to other
agencies
the market
(net)
(net)
975,200
17,273.812
I
271,766,037 2/
Coanodlty Credit Corporation
162,000,000
701. 05''. 000
$
,000 2/
Electric Hone and Farm Authority
1,000,000
Xxport-lmport Bank of Washington
1,000,000
federal Deposit Ins'irance Corporation
150,000,000
Federal Farm Mortgage Corporation
100,000,000 iJ
Federal home loan banks
Allocations, rediscounts, and loans from
other governniental corporations and credit
agencies (net)
12.783.750
17U,000,000
139.399.557
1.273.977,900
90.500,000
•
98.315.375
Federal Na'.lonal Mortgage Association
12't, 7141,000
85,2Uo,000
11,000.000
100,000,000
Federal Savings and Loan Insurance Corporation.
Borne
Owners' Loan Corporation
200,000.000 II
325,000,000
Sural llectrificatlon Administration
Total
Corporation or agency
100,000
136,1*66,896
5/
30,000.000
SOU, 770, 000
1,801,639,000
25.000.000
52.661,980
RFC Mortgage Company
United States Housing Authority
Hi, ''53. 550
70S,90U,750
National defense corporations 6/
Reconstruction Finance Corporation
3,
211i,U39,U33
U2, 729,569
25'', TOO, 000
llU, 157,000
$1,298,962,802
$1,320,770,000
$7,193.H05.300
»1. 091, 595. 350
$605,015,757
U/
5X
Uses of Funds of Certain Governmental Corporations and Credit Agencies
from Inception of Organization through December 31, 1941
Corporation or
fl^encT'
52
Principal of Outstanding Interest-Bearing Obligations Guaranteed by the United States^/
(In mllllona of dollars)
Sad of fiscal
jear or nonth
Total
utuaa tared
obligations
outstanding
Comiiiodlty
Credit
Corporation
notes
Tederal 7sm
Mortgage
Corporation
bonds
Federal
Housing
AdnlnlstratloD
dabentursB
53
Maturity Schedule of Securities Guaranteed by the United States!/
As of January 31, 1942
(Aaount la mlllloiu of doIloTB)
fllaa«Ul«d k7
r—r
tn which Itnua mx* flr»t
oalUMa
INTERNAL
REVENUE
-5if-
STATISTICS
55
Sumnary of Internal Revenue Collections^
(In thoQiandt of dollar*)
Tlseal year
or Msth
56
COLLECTIONS OF INTERNAL REVENUE
Fisca/ Years 1929 to 1941
1929
30
-31
32
33
By
Months
First 7
34
'35
36
Principal
37
'38
'39
Fiscal Year 1942
'40
42
41
Sources
DOLLARS
Billions
Individual
Income
2.4
UUIlUll
1929
40
31
33
'35
'37
'39
41
4.0
Manufacturers' and
Retailers' Excises
_
1929
'31
_
nmiul
33
'35
'37
39
41
1.2
Other Miscellaneous
_
1929
Internal Revenue
'31
33
35
'37
39
ll I
41
1.2
Employment
Ai^ricultural
Adjustment
i
r
1929
'31
Includ^a misc^lfoneous profits foxes
33
35
'37
'39
41
57
Detailed Analysis of Current Internal Revenue Collections^
(In thooaanla of dollars)
Tint
Tlrst 7 aonths
Sourea* of r«T«ini*
Jaauarj
riacal
7«ar
19^2
riscal
I9IH
January
19^2
Sources of r«reiiu«
7
Boatha
Tlecal
7oar
I9UI
year
19^*2
Incoae aad profit* taxaa:
I&dlTidual
C\irr«nt
3s. 001
35«.287
Back
18.723
5>>.397
22.930
5*3.017
89.3H1
989, UUz
X7.755
39
180, U55
1.788
U.89S
19.272
30
Corporation
Currant
Ba£k
Izcaaa proflta tax (Saeond Baraaaa lat
of 19UO aa aMadad)
581.558
65.852
125.577
Staap tax..l
Bonds, liBUOB of caplt.1 ttoekt, da«ds
of conT«7ance. etc
Transf.ri of capital stock and alBllar
Interest sales
PlaTln^ cards
SllT«r bullion sales or transfara
Bepealed taxes not listed abore
2.179
12.673
13.963
2.768
376
5
7.215
2.30U
32
9.338
3.515
20
5.328
22.22U
26.836
3.907
37.798
8.837
109
21.630
197.201
27.672
28.828
219.807
2. "133
5.'tl3
9.035
3.526
It, 626
3.016
36,Wt9
7.206
26.5^0
MiacallanaoTia proflta taxaa
Declared Talua
TinaoB Act
1.615
Unjn at enrlchaaat. ...•
Total Ineoaa and proflta tazaa.
XmploTsent taxes:
Social Security taxaa:
Tederal laauranca Coatrllmtioaa Act
(Old-ac* Inauranea)
federal UnenployvaBt Tax let (TTnasplayeot Inanranea }
Total Social Saourltj taxaa.
Carriara' Tazin« Act of 1937-
Total aaepIoTaant tazaa.
MlaeallaBaooa Intamal rerasoai
Capital atock tax
711
1>«2,618
3.'»53
and retailers' excise taxes;
Lobrlcatlng oils
Gasoline
Tires and tubes
Floor taxes on tires and tubes
intODoblXe trucks and buses
Other autoBobllee and Botorcxclee
Farts and accessories for antoaobllee. .
Xlectrlcal energy
Ilectrlc, gas. and ell saliences
Ilectrlc light balbs and tubes
Sleetrle signs
Badlo sets, phonographs, coMponents, etc.
Phonogram records
Musical Instruaents
Nechanleal refrlgeratera, airconditioners, etc
Matches
Tloor taxes on Batches
Rislness and store aaehlnes
Tors - retailers' excise
Jeveltj - retailers' excise
Luggage
Optical equipnent
Fhotographle apparatus
Bubber articles
Sporting goods
Toilet preparations - retailers' axdse..
Vashlng Machines
Tlreans, shells and cartridges
Pistols and roTolTers
Bepealed taxes not listed abore
.
398. U36
52U,605
30.«51
>«.252
50.970
127, <6l
>tl|«,688
575.575
97,010
I.6U3
129. SCt
2,723
3>»,o66
2,«9l
(Hft tax.
6.091
1.10li,6«5 1.965.639
Total staap taxes.
Manafaetiirers'
68,112
5llt,800
165.393
190,236
6.857
78.567
65U,ilt2
279. 89U
191.668
6.371
331
118
2.651
122
378
1.503
292
16
1.127
117.227
7.818
10,696
60.522
15.293
29.091
6.701
1,069
296
8.7lt3
it.lt85
21*5
820
It,li98
<?.9lt8
60
1,06U
1,677
1,813
7,522
1U,833
1,130
131
1,756
6.528
922
6.987
U2
3,201
3,lt88
9.372
650
72
805
3.712
1
'tis
106
3.903
18
225
2
3.293
t3
31
"1.135
3.36lt
102,518
338.732
518.116
3.i''5
"15.291
It2
JUcohellc barera^ taxaai
Dlatllled spirits (laported. exclsa)...
Plstllled spirits (doMStlc, excise)...
Distilled spirits rectification tax....
Vtnea, eordlals, etc. (ivportad. axdse)
Vines, cordials, etc- (doaestle. excise)
Brandy used for fortifying sweet vines
(Repealed as of JtQy 1. 19>tO)
Dealera In dlatllled aplrita; rectifiers; Baaufactorer* of stills
( special
taxea )
Staapa for dlatllled aplrlts Intendad
for export
Case staBps for distilled aplrita
bottled la >>OBd
Container ataapa
rioor taxes
7emented aalt liquors
Brevers; dealers In salt llquora
«>
(apeclal taxes)
Total alcohol le Wreraf* taxaa.
Tobacco taxaai
Cigars (large)
Cigars (saall)
Clgarattes (large)
Clgarettaa (anall)
Snuff
Tobacco (ehavlag aad aaoklag).
Cigarette papers and tubea....
Leaf dealer penalties, etc....
Cigarette floor taxes
Tot«l tobmeeo
Source:
*
1/
Uz«
2.n5
51.302
1,591
23
19.H1U
226,012
8.077
267
22. 89!)
323.8't3
5.9't5
13.317
866
1.213
5.653
5.'t3'»
231
1
2't.055
630
5.71*
21.780
181,288
696
6.863
33.164
213.619
39
2.939
2.722
100,623
>78,6l$
63't.3'»9
«9
17.563
1,017
8,50>t
7.7
11
I?
63
63. 38*
7
3't9.503
kill. 112
700
••.330
137
1
69.581
3.955
32.759
836
Total Banufacturers' aad retailers'
excise taxee
10,352
10
it.
31.
265
3W
1,168
2
It
"•.523
5
399.'>2'>
1159. 1*75
Miscellaneous taxeat
Bituminous Coal Act of 1937
Sugar Act of 1937
Telephone, telegrs^, radio and cable,
leased vires, etc
Local telephone serrlee
Transportation of ell
pipe lime
Transportation of persons, seats,
berths, etc. (effeCtlTe lO/loAl)
Qee of Botor Tehielee \effeetlT* z/l/ks).
Uee of boats (effectlT* 2/l/lt2)
Leases of safe-daposlt boxee
Admissions to theaters, concerts,
cabarets, etc
Club dues and Initiation fees
Bowling alleys, pool tables, etc
Coin operated derlcea
Adulterated and processed or renOTmted
butter, mixed flour and filled e^eeee..
Oleomargarine, including special taxms...
larcotlcs. Including marihuana and
special taxes
Coconut and other Tegetable olla
processed
latlonal firearms Act
All other, including repealed taxas
at listed aboTe
^
Total Blseellaaeoua taxes..
Total alaeellaBeous internal
Total
laUnal
r esam m.
raTaaua.
Bepcrts of collectloae.
Lass than t500.
Ixdudes collections for credit to certain trust accounts for territories aad Insular posseeseions,
28
2.552
6,581
111.715
5,619
281
1,196
15,880
It
22.983
6,2U5
7.967
It,
6,967
3.21I1
17.352
5.768
17.35«
k
37t
1.652
u
60,528
3.710
1.298
5.159
38,899
3.535
9*
t50
3
22
18
110
l,ltlt6
1.58"!
69
30lt
351
808
2.161
>t.609
5
10
52.^19
llU,90l
187, 705
370. 1*9
1,716,382
2,30h.ltllt
6lt2.271
?•???• 867
"1,
9211,195
CUSTOMS
STATISTICS
-58-
59
Commodities Imported Under Quota Provisions
Table 1.- Products of Philippine Islands
^ota
Comoodlt7
Buttons of pearl or shell
Coconut oil
Corda^
Unit of
period
quantity
Imports
Istabllahed
quota 1/
throufiii
Jan. 31, igltS
Calendar year
Calendar year
Calendar year
Cross
Pound
Pound
850.000
Wtg.000,000
6,000,000
Calendar year
Calendar year
Pound
Found
112.000,000 £/
1,792,000,000 2/
29.778
7,1*50,666
23,1*143
^u^ars:
Refined
Other than refined
Tobacco:
Cigars
Scrap tobacco and stenused and unetemmed filler
tobacco
Source:
1/
^
Calendar year
Pound
Calendar year
138,902
2'', 115, 976
200,000,000
515.831
U, 500, 000
103,850
Heports of Collector of Customs.
Quota pursuant to the act of December 22, 191*1, Public Ko. 367, 77th Congress.
The duty-free quota on Philippine sugars applies to 850.000 long tons, of which not more than 50,000 long tons may be refined sugars.
Table 2.- Imports of Cotton and Cotton Waste
Quota period:
Tear beginning September 20, 19^*1
(
In pounds)
Cotton vasts 2/
Cotton 1/
Staple length
1-1/8 Inches to
1-11/16 Inches
Staple length less
than 1-1/8 Inches
Countr7
Established
quota
Europe:
Belgium
Prance
Germany
Italy
Netherlands
Switzerland
Union of SoTlet Socialist
Republics
United Kingdom
Established
quota
Imports
through
Jan. 31, 191*2
Restricted
cotton waste
(Included In total) J/
Imports
Imports
Established
Established
through
through
quota
quota
Jan. 31, 191*2
Jan. 31, 191*2
12.853
75.807
38.559
227.1*20
76,329
21,263
25,1*1*3
7,088
68,21*0
22,71*7
UU.388
1U,796
1*75,121*
North and Central America:
Barbados
Canada
Cuba
Haiti
Honduras
Mexico
Other British West Indies kj
South America:
Argentina
Braill
Colombia
Ecuador
Paraguay
Peru
Imports
through
Jan. 31, 191*2
Total cotton waste
'*.323.'*57
U3U
239.690
231,615
1,1*1*1,152
U3U
1,599,886
U3l*
12,551*
6,51*1*
237
752
8,883,259
21.321
5.203
618,723
506
8,883,259
30,139
•35
3,808
203
618,723
12l*
,
9,333
871
9.333
21*7,952
21*7,952
2,056,299
2,056,299
Asia:
British India
CMba
,
,
Iraq
Japan
Netherlands East Indies
2,003,1*83
61*, 91*2
1.370,791
195
2,626
3'tl.535
1,631*
<
^
ll
2,21*0
29,909
30
783,816
5,377
'*3.'»51.566
18,530,1*90
8.135
20,566.828
5,1*82,509
30
16,001*
ll*.
Source;
69,627
71.388
Africa:
Algeria and Tunisia
British East Africa
Egypt and the Anglo-Sgyptlan
Sudan
Nigeria
Other British West Africa 6/,
Other Prsnch Africa jj
Total
69,627
17.322
516, 882
2,002
9.759.501
1*5,656,1*20
301.676
fi«portB of Colleotora of Caitomi.
Cotton haTln£ a it&ple of leti than I-II/16 Inchea (other than bareh or rou^h cotton of leaa than 3/U inch In staple length and
chlefljr uaed In the manufaotxire of blankets and blanketing, and other than llntere).
Cotton waste lnalud.es oomber, lap, sliver, roTlng, and ootton card strips, whether or not manufactured or otherwise advanced In ralu*.
In the case of the Xuropean oountrlee, not more than 33-^/3 percent of the total quotas for ootton waste mB7 bo filled by cotton
waste other than card strips and ooaber wastes made from cottons of 1-3/^^ Inchea or more In staple length.
Other than Barbados, Bermuda. Jamaica. Trinidad, and Toba^.
The quota for cotton waete applies only to Zgypt.
Other than Oold Coast and Nigeria.
Other than Algeria, Tunisia, and Madagascar.
60
Coiraiiodltles
Imported under Quota Provisions - (Continued)
Table 3.- Imports of Wheat and Wheat Flour
Quota period:
Tear beglimlilg Ma; 29, I9UI
Wheat (buahela) 1/
CoUBtxy
Xatabllihed
quota
iB^ortt
through
Jao.31.19't2
Vbeat flour 2/ (pounds)
Istahllihed
quota
laporto
through
Jan. 31.19'«
Europe:
Belglua
100
Trance
Oennan;
1.000
1.000
100
5.000
Oreeee
1.000
Hungary
13,000
Italy
100
2,000
Hetherlande
100
1,000
Korway
1,000
Poland and Danzig
RuiDania
1,000
1,000
Sweden
1,000
Union of SoTlet Soclallat Bepuhllei.
100
United Eingdom
100
75,000
TugoelaTla
1,000
Horth and Central America:
Canada
795.000
795.000
3,815,000
895,805
12,000
97
Cuba
Guatemala
100
Mexico
100
1,000
Pa
1,000
South America:
Argentina.
3,000
Brazil
l>t,000
100
ChU*
1,000
Uruguay...
1,000
China
24,000
5.836
Hong Eong.
13,000
5,818
Japan
8,000
Syria
100
5,000
Oceania:
Auatralla.
1,000
.
New Zealand.
1,000
Africa:
Canary Islande.
Total.
Source:
1/
2/
1,000
800,000
795.000
It,
000,000
Reports of Collector! of Customs.
Sot including wheat unfit for human consumption.
Includes semolina, crushed and cracked wheat, and similar wheat products other than any such coamodlties unfit for human
consumption.
907,556
61
Commodities Imported under Quota Provisions
Table 4.- Other Commodities
Xsta^llBhed
quota for
quarter
beglnnlD^
Imports
throu^
Jan. 31,
191*2
Quota
beginning
(nujnher)
Kstahllshed
quota for
month of
Jan. 31.
Oct. 1,
Jan. 1,
^
191*2
Zstab11 shed
quota for
calendar
year
Imports
through
Jan. 31,
191*2
Jan. 191*2
191*1
Tobacco U/
( pounds
Petroleum
(gallons)
Toxes and furs 2/
Imports
through
for year
(Continued)
with Quotas Applicable to Specific Countries
Coffee
(pounds)
Cattle 1/
(head)
Country
-
-
Imports
through
Jan. 31,
191*2
Zstab11 shed
quota for
calendar
year
Imports
through
Jan. 31,
191*2
191*2
191*2
191*2
British Bapire except Aden
and Canada
17.213.035
13.0O8.0U2
Netherlands and its
posBoeeions
19,156,271*
9,851,911*
North and Central America:
Canada
Costa Rica
Cuba
Dominican Bepublic...
£1 Salvador
Guatemala
Haiti
Honduras
Mexico
Nicaragua
51,720
17.500
31*, 851*
ll*.
17,62fi,703
16.036,325
298. 370
78,611,627
12,01*1,828
27. 103. 528
1*0.355.291
33.35U.996
3,208.883
73,098.231
31.311.581
1.361».853,662
1*62,696,802
10,036
1.851.331
711. 8U7
6,596,722
1*.
138. 821
3.668,676
791,063
162,105,339
17,281,977
2.709.750
36,1*1*2,699
8,962,71*6
22,01*1*. 1*57
67,811,063
792, 176
1.81*3,773
29.358.129
11,795.051
91*.
South America:
Brazil
Colombia.
Ecuador , .
Peru
Venezuela.
630,097,196
1*81*.
9U,662,U90
22.921 ,aiu
2,082, 571*, 771
109. 508 .371
150,868.3U3
38,070.677
17.536 2,958,202,800
238.311,125
Asia;
Arabia (Aden, Yemen,
and Saudi)
Other Countries.
Total
Source:
1/
2/
V
U/
3. 771. 861*
81*8,993
8,280
8,280
11.956.391
11.956.391
7.500
60.000
1*3.131*
2,321.1*69,726
828,136,231
25,000
1,851.331
n
-
with Quotas Applicable to all Countries Combined
Cattle weighing under 200 pounds each
Calendar year
I^iry products:
Cream, fresh or sour
VThole milk, fresh or sour
Calendar year
Calendar year
7iBh, fresh or frozen, filleted, etc., cod, haddock,
hake, pollock, cusk and roseflsh
Calendar year
Toxes. silver or black:
Tails
Paws, heads or other separated parts
Piece plates
Articles other than piece plates
Molasses and sugar sirups, containing soluble nonsugar
solids equal to more than 6^ of total soluble solids.
Potatoes, white or Irish:
Certified seed
Other
Shingles, red cedar
Reports of Collectors of Customs.
Duty free quota not yet determined.
Unit of
quant i ty
Quota period
Commodity
1/
22,000,000
Reports of Collectors of Customa.
more each, other than dairy cows.
Cattle veighing 700 pounds
Silver or black foxes Taluad under $250 each and whole furs and skins, with or without paws, tails, or heads.
Crude petroleum, topped crude petroleum and fuel oil.
Cuban filler, unstemmed (equivalent) or stemmed (other than cigarette leaf tobacco), and scrap tobaooo.
Table 5.- Other Commodities
Source:
7.500
Tear
Tear
Tear
Tear
beginning
beginning
beginning
beginning
Dec.
Dec.
Deo.
Dec.
100,000
Oallon
Oallon
1,
191*1
1,
I9UI
1. I9UI
1, 191*1
Calendar year
Tear beginning Sept. 15, 19U1
Tear beginning Sept, I5, I9UI
Calendar year
Established
quota
Square
Xoporte through
Jan. 31. 19U2
THE
CAPITAL MOVEMENTS BETWEEN
UNITED STATES AND FOREIGN COUNTRIES
62-
63
Nst Capital Novenent between the United States and Foreign Countries
1935 throufirh Novenber 1041
61*
65
Short-Term Foreign Liabilities as Reported by Banks and Bankers
in the United States for November 1041
(In thoiuaadi of dollsri)
LlabllltlM
u
of
66
Short-Term Foreign Liabilities as Reported by Banks and Bankers
In the United States for November 1941 - (Continued)
(In tbonaanda of dollar*)
u
Llaklllttoa
at
fpllovlBC datoa
Arfantlaa
BraiU
ChUa
Cuba
Panaaa
Otbar
t Canal
Utln
Zona
Aaarioa
115.*66
115,181
116,2*5
118.717
Total
latin
Aaarloa
China
f OtAL 8B0S9-fIBM
roEii(a LuiniTLiiki
I»T.
5
1?
lOT. 19
lOT. 26
fo. }
,
OT.
lOtU
,
,
,
,
2M
'5.032
92,322
ST.37H
«T,395
«T.«7e
39,8)12
91.23*
92.271
S7.330
•7,365
*5.oo"»
91,
M,796
'*3.337
•1.307
32.010
30,156
29.412
29.660
30.222
7*,002
73.H92
7H.125
73.*«7
73.971
37,976
38.936
39,898
39.885
*1.398
50.0*7
*5.701
*2,72*
32.010
30,156
29.1H2
29,660
30,222
7*. 002
73. '•92
7*. 125
37.731
38.70*
39.678
50.033
»5.687
31.235
29.190
28,757
29.31*
72.68*
72.633
73.*99
73.15*
73,276
37.562
38.393
38.8*5
38.765
*0.2*3
702
«93
835
(30
835
1,299
8*0
607
310
676
13*
277
800
86*
877
118, 5U
**5.781
*35.630
*32.57*
*39.07*
**o,523
1*6,172
1J9!*26
136,105
133.562
LUBtUTm
II XLUUt
MTiSU
»•». 5
1st. 12
lOT. 19
loT. 26
Oae. 3
87.*5
39.«l6
«.75l
*3.305
'H,27»
"•2.710
*6.579
*7.230
73.971
H5,095 **5,109
U(.881 *35.007
U5.S90 *31,896
*38,*82
*39.903
1*5.677
1*2,003
138.81*
135.520
133.061
*32.597
*22.975
*18,980
*25,13*
*26,792
127.802
123,809
121,173
130,288
127.663
2,156
2,5**
2,613
2.632
2,815
11,02*
10,315
11.521
11,973
*.75*
U,76o
*,827
*.929
79*
1,090
1,*88
1.717
1.395
1.375
1.351
13.121
13.119
13.125
*05
*69
672
623
678
592
620
*95
300
355
29*
308
366
*01
290
30*
3*3
390
118, *23
118.203
Sapaalta for
foral(B aiscov&tt
loT. 5
lOT. 12
I*T. 19
•T. 26
Bao. 3
«9.979
91.090
«6,318
•5.950
«6,2S9
56,635
36.925
35.»3«
28,^
U2,l*5
U1.2*7
*2.667
*6.532
*7,185
112,512
U5.0*7
U*,6*7
Hlla k*U
far
f aralcm aeevuti
lOT.
S
1,102
5.629
•T.
or.
12
1,02>»
19
lar. 26
lu. 3
1,>I0S
i.736
5. 802
6,066
5.1*2
1.2&
Shert-tani O^ltad
Stataa OorersBOBt
obllcatlo&a hald for
faraign accawati
lOT.
5
lOT. 12
oT. 19
OT.
Dae.
26
3
Othar llaMlltiaa
paya^la la dollarat
lOT.
5
lOT. 12
tn. 19
loT. 26
Bae. 3
153
157
153
153
US
'If
31*
31'«
'^
298
7*1
TOTAL LUBILITIX8
PAIISLS II TORXIM
CDBsncnsi
lOT.
5
lOT. 12
Hot. 19
lOT. 26
Dao. 3
1»»
g
30
25
28
26
*5
32
29
2*5
232
220
222
2**
371
51*
6l2
585
501
BorrovlB^ fraa
faral^
lOT. 5.
lOT. 12.
loT. 19.
lOT. 26.
Dae. 3.
3
28
26
*5
32
29
Aeoaptaseaa aada
by
forel^
baskai
laT.
5
lOT. 12
»0T. 19
I«T. 26
Dae.
3
,
,
Othar llaUlltlaa
pajatla In foral(i
avrranotaai
lOT.
5
OT.
12
HOT. 19
lOT. 26
Dae.
3
u
2*1
IB
12
11
226
217
220
U
2ltl
^^5
*9i
6/
Short-Term Foreign Assets as Reported by Banks and Bankers
In the United States for November 1941
(Iq thousands of dollars)
AssASt as of
followlog datss
Oraad
total
Dslt«d
IClD£doa
Tranoa
Belglim
1,823
1.676
1.521
1,833
1,810
1.131
1,113
1,113
1.113
l.llU
Dannark Tinland
Oarloan;
Italy
Netharlande
Othar
Sor«B7
Swaden
Svltzerland
818
810
838
692
^76
2,612
2,599
2,606
2,827
2,623
22.355
22,522
22,186
95,1*80
9't,l95
22.1*1*8
95,61*6
22,006
9!*,
515
521
529
761
569
1.017
973
981
973
965
ll,!*"^"
118
8U
93
1*0
U.llio
i*,56o
103
331
38
S'lropa
Total
Europa
TOTU. SE3BT-TI!!M
fOBZIM AJSrtS:
Sot.
5
Sot. 1!
«0T. 19....
loT. 36....
Bee.
i....
363.032
26.82U
25,553
366. 663
26,';8S
J63,271
363. 90T
26.672
25,868
"7.656
U6.U89
"7.95?
8,517
7.701
g.euu
9.3'«
7,296
373.621*
1,869
1.859
1,856
1,857
1,857
3^.278
3''. 267
35.271
35.267
1,1*52
788
509
1,1*59
811
827
SO";
961*
1*96
3*5,280
1. 1*59
1,13U
1*80
380
389
389
337
359
299
296
120
119
201
291*
118
119
118
192
189
1.1*57
1,1*^6
U9ii
9'^, 071*
227
TOTAi ISSSI! PATABLl
IX TOBIIOI CUBRBSCIK:
Hot.
5
«0T. 12
»0T. X9
Isr. 26
Dec.
3
119,130
'»6.576
2llt
218
205
203
195
295
293
189
188
10.565
11.505
12.1*33
10.175
Banks ovn deposits
abroad!
lOT.
5
»0T. 12
Hot. 19
loT. 26
Sao.
3
7.936
7,906
9,2lU
9.329
8.290
3,T>«
U,23U
lt,K8
5.0T1
30,957
51,196
3l,02U
30.907
30.650
716
719
621
68
68
66
692
592
53
53
>»,053
112
112
112
112
111
38
27
38
31
DU
5,213
5.6U0
37
I1.U63
Deposits abroad for
account of doaaatlc
eliants:
lOT.
5
lOT. 12
Sot. 19
Hot. 26
Dec.
}
293
292
292
292
292
303
301
307
307
30U
53
52
52
52
52
1.553
1.51*6
l,Ui*5
1,509
l,Ho6
Other assets pajrabla
iB foreign
cnrreneles:
»0T,
5
»0T. 12
»0T. 19
8.763
7.3«7
IToT.
26
7, 71'*
«,39'»
Dae.
3
7.636
2,7Ug
3.135
3.586
2.610
325.968
18. 307
3l6.5i»3
17.852
17,9'H
17,323
199
197
197
197
197
115
116
115
115
115
157
157
151
152
IU9
372
373
373
372
372
1*89
389
3*6
617
621
377
377
61*6
2,067
2.078
2,077
2,066
2,05U
630
632
636
622
621*
5.761
l*.U59
'»,8l*7
5, 28 It
»,306
TOTAL AS3XT3 FATABUE
II DOUJkSS:
»o». 5
BoT. 12
Sot. 19
Not. 26
Dec.
3
318,711
3lU,iUi
317,331
18. "=72
1,609
1.U53
1.616
1,630
l,6l5
1.06U
1,01+6
1,050
I.0U9
i.oug
1,866
l.es6
1,853
1,853
1.853
35,191
35,182
35,187
35,182
35.192
1,072
1,070
1,068
1,069
1,070
515
533
669
gUl
21,065
21,056
21,055
21,056
21,065
591
591
591
591
593
69
62
61
61
203
362
503
388
21,5>*9
SU,026
83.630
21.205
83, "^69
21,1*75
21,01*1
83.213
81*, 052
9,803
10,010
9,853
10,079
1*7.963
1*7,591
1*7,710
9,62lt
1*8.222
51*9
^1*9
1,723
1,730
1,707
1,596
51*9
1,1*93
10,986
10,990
10,803
3i*,3i*0
10,81*7
3l»,26«
10,868
3'',
21,338
Loans to forel^
banks:
Hot.
5
Jot. 12
lOT. 19
lOT. 56
Dec.
3
llU,67l
I15,23t
lie.OTU
115,620
118, U5I
1«,0U5
1U,65U
709
287
28U
1'«.737
llt,lg5
15,388
599
"13
599
600
598
57"*
573
57'*
57't
57"*
153
161
169
1T6
177
l*7,3''9
Acceptances aada for
foreign banks:
loT. 5
»0T. 12
»0T. 19
»«». 26
Dec.
3
31*,
3U,170
953
2l40
36,it«9
37,i*«5
233
226
176.588
167,139
2.975
3''.
l»U9
180
I9U
180
180
180
169
169
187
88
1*1*9
1(1*9
1*1*9
5U9
1U9
Ui»9
Other assets payable
In dollars:
iOT.
5
»0T. 12
Hot. 19
Hot. 26
Doc.
3
l68,6«i»
162,032
161,395
2,91'»
2.96")
2,905
2,958
830
851
837
850
637
U90
"73
X76
'»75
U7U
1,65't
1.853
1,853
1,853
1.853
13,677
13,677
13,683
13.677
13,676
U76
Ui6
389
1*71*
1*1*9
U72
U6b
1*73
601*
5«6
377
377
U72
631.
362
(Continued on following page)
396
381
388
388
388
1,831*
1.81*1
1,815
1.802
1.797
51*,
309
3i*,l'52
337
68
Short-Term Foreign Assets as Reported by Banks and Bankers
In the United States for November 1941 - (Continued)
(In thoneanda of dollars)
Aaaats aa of
follovlnc dataa
Argantina
Zona
other
Total
Latin
Utln
Aaarloa Aaarloa
2,175
2,196
2,249
2.21k
2,384
53,722
52,575
5k, 569
55.207
55,k87
135.631
132.876
136.015
160.907
Ik2,kl9
28,988
26.785
26,900
26,8S6
26.953
550
517
9,988
9.917
9.875
10,066
9,861
19,318
19.179
19.212
19.176
19,211
562
Paiuuia
Brasll
euia
Cnka
t Canal
Korea and
Manchnrla
Philippine
lalanda
2,876
2,918
3.k69
2,990
3,081
22,k60
20.010
19.876
19.782
80,009
26,902
25.62?
25.906
26,061
27,000
15.217
lk.395
14,047
13.977
392
419
365
k36
562
556
48k
k55
kkk
72
75
76
86
70
767
826
9k7
1,025
76k
21.111
21.030
21.138
21,107
20,925
770
8k6
759
9k8
725
67k
k78
lk2
12
k5
10
20
215
217
239
186
253
110
125
132
102
96
k8
58
k3
183
170
276
37k
31k
688
570
7ko
730
726
13
31
31
27
16
8.70k
8.705
8.711
8.709
8.716
19.156
19.1k7
I9.lk7
I9.lk6
19.171
130
130
131
131
131
235
19.663
19.724
19.720
19.706
I9,5kk
135
kko
k35
k22
Chin
Hong
Kong
Japan,
other
Aala
Total
Alia
All
ether
TOTAL SECBT-fBW
rOBIKH ASSnS:
lOT.
5
12
lOT. 19
loT. 26
Dae.
3
OT.
lW.155
3k, 358
Ik, 881
Ik. 590
15.992
15.«59
33.478
3k, 39k
35,7k8
37.931
869
881
885
1.055
904
8,ok5
8.053
8,0kC
8,ok5
8.055
15,186
13.840
Ik, 458
Ik, 896
Ik. 738
9.052
8,880
9.012
9.802
9.199
6.983
7,026
6.7k3
7,ok«
6,821
Ik. 397
95,623 9,705
90,552 9.569
90.546 9,ko6
89.766 10,29k
91.020 9.565
ASSRS PATAILI
roBiiu ctntsnciist
TOTAL
II
lOT.
5
»0T. 12
«0T. 19
or.
26
Dae.
3
k2i
375
3k3
358
362
50k
Banka own dapoalta
abroad
I
lOT.
5
lOT. 12
lOT. 19
lOT. 26
Hoc. 3
5«
275
228
200
69
76
2l|«
156
153
136
138
10k
216
219
96
p6
477
Dapoalta abroad for
aoeouBt of dosaatle
ellantai
lOT.
5
lOT. 12
lOT. 19
lOT. 26
Dae.
3
650
650
6*9
650
651
8.010
8,015
8.015
8,012
8,020
161
162
160
159
157
26
25
25
S5
26
13,286
lU,000
13.705
1H.937
lk.955
26,313
25,425
26,3k6
27,703
29,876
15,161
13. 817
lk,k3k
lk.87k
Ik. 716
9.003
8.8k2
8.971
9.750
9,162
6.562
6.651
6.koo
6.690
6,k59
6k6
79
101
152
98
706
,116
976
1,10k
723
859
5k7
174
101
56
55
Othar aasata pijabla
In foreign
enrranelaai
lOT. 5
lOT. 12
oT. 19
«0T. 26
Dac.
3
il5
132
Ik
15
15
Ik
11
371
3k5
340
337
323
722
696
687
683
667
2.lk6
2.166
2,219
2,185
2.358
53.172
52.058
5k, 065
5k,702
55.032
125, 6k3
10,782
9,939
11.198
10.863
11,108
kk5
k2k
3k5
3k6
3kl
3k
29
28
28
27
21k
216
236
229
215
760
736
678
671
655
622
6ki
627
865
652
21,898
19,k5k
19.392
19.327
19.565
26,830
25.5k7
25.830
25.975
26.930
13,630
lk,39l
13.4k«
13.022
13,213
7k, 512
7.688
7.710
7.7k2
2,k8k
2.52k
3.050
2.625
2.6k5
8.935
8.723
8,6k7
9.3k6
8,8k0
20,117
18,371
19.073
20,980
22,806
5.872
5,861
5,90k
5.900
5.926
2.0k8
1,937
2.240
1.961
1,992
l'».7k7
17.619
17.9k0
17.715
18.03k
I6.kk2
15.523
15.615
15.237
I5.k23
6,k3l
7,317
5.7k9
5.k89
5.620
k5.5ko
k8.257
kT.kk*
k6,302
k6,995
793
ko6
2,276
2.139
1,160
1.137
1.109
1,126
1.056
6.959
6.878
6,781
7,k27
7.378
TOTAL ASSKS PATAILI
II DOLLARS:
lOT.
5
I»T. 12
lOT. 19
or. 26
Dae.
3
122,959
126,140
130,841
132,558
9.670
7.606
69,522
69,408
68,659
70,095
Loans to foralca
baakai
or.
OT.
OT.
5
1.953
12
19
2. £58
2.0l»2
lor. 26
Oae.
3
2.977
2,906
5,okk
3.93k
k.i62
5.296
7.031
921
959
1.041
1.21k
l.kki
1.63k
1,67k
l,6kk
1,727
1,83k
2,58k
2.3k3
2.711
2,728
2,867
3,955
3.930
4.093
k.191
k,378
l,lk3
1.085
1,122
1.293
1.3*5
30
30
28
29
29
7.798
7.k78
7.369
7,659
7.93k
18,065
17.k99
18,008
18,8kl
19.828
613
656
667
685
708
151
157
161
168
175
791
783
783
783
681
2,206
1,933
1,969
2,016
2,360
1:142
2.790
6,037
5,668
6.099
6,370
6,71k
10,412
10,383
10,622
10,746
10,608
19,635
19,817
20,5ko
20,680
21,011
11.931
11.395
11,622
11,99k
11.751
k,3k2
k.257
k,033
k,733
3,668
k,kk3
k,k62
k.555
k,538
k,567
2,106
2,13k
2,189
2,lk9
2.329
3k, 592
87,k6l
87.089
89,059
91,020
89,92k
3.185
1.089
1,117
1,125
1,108
285
6.360
1.052
8,182
8,091
8.2k6
8.652
9.147
k,923
k,955
5.180
k.885
k,803
22.935
15.597
15,861
15.987
16,386
826
8I6
708
757
Aeeaptaneaa aada for
foralgn baakt:
•oT. 5
lOT. 12
loT. 19
or. 26
Dae.
3
Othar aaaata
la doUarai
lOT. 5
lOT. 12
lOT. 19
lOT. 26
Dac.
3
p^abla
3k,6ki
35,k98
36,180
35.990
^'
k96
k78
829
850
69
Security Transactions as Reported by Banks, Bankers, Brokers and Dealers
In the United States for November 1941
(In thouian&i of dollar*)
Transaotloni diirlnc
woek and»d:
70
Security Transactions as Reported by Banks, Bankers, Brokers and Dealers
In the United States for November 1941 - (Continued)
(In thoatanda of dollars)
TraniactlonB durtjoc
vook ondod:
Grand
total
Unitod
Eio^doo
B«l-
Oar-
glm
Ital7
Hatha rlands
Utln
Swadan
Sdlt- Otliar
Total
Canada Aaarsarlaad Xuropa Xuropa
laa
<Taf an,
Othar
Koran and
Alia
Manchuria
i.aU
All
othar
Total
Asia
All
other
2.255
2.363
2. 2^9
2,l6g
2.171
2,332
290
290
290
292
295
2,1409
2,>l62
2,550
2,603
2,580
total
TOTAL SILIS
tacDRD lESQiS rcB
ocKisTzc xccaavt:
tar.
5
lOT.
lOT. 19
tvf. 26
D«e.
J
U
Ugg
.0't9
,0lt9
«65
,002
gU6
860
,002
8i>e
S«le« of
doBestlc tacurltlost
Stockc
Sot.
5
lOT. 12
XOT. 19
Sot. 26
Bee.
3
Bonds:
lOT.
5
»OT. 12
BOT. 19
lOT. 26
loc.
3
U3
8
13
2T
5
>t3
8
13
27
5
DO
21
52
32
ito
21
52
32
Salat of
forol^
teciirttlss:
lOT. 5
lOT. 12
lOT. 19
lOT. 26
Doc.
3
H05
1,020
SOO
9t3
796
U05
1,020
795
9U3
79«
Foreign Balances In Brokerage Accounts as Reported by Brokers
and Dealers In the United States for November 1941
(la thoaaanda of dollars)
Bslanssa as of
follooliv dates
Qrand
totU
Unltad
Elngdom
BalglUB
Oaraasy
Italy
Latin
Japan,
Svit
Othar Total Oanada Amer- Korea
Othar
and
sarland loropa Xoropa
loa
Hanohurla Asia
letherlaada
foreign debit balances',
(dae from abroad)
for.
5
«0T. 12
lOT. 19
Hot. 26
Dae.
3
22, 163
22,U6l
21,629
21,659
21,608
li508
1,513
1,201
i,iy»
407
U06
1,5'»3
97U
1.590
1.519
1,032
U06
U07
H06
2,0WU
1.973
1.961
1,831
1,888
6,692
6.738
6.835
6.893
9'»7
50ii
505
505
500
507
265
268
268
267
2U9
1,109
i,0U6
1,073
1.091
121)
<t,S9U
I2ll
9,833
112
106
283
l,13lt
1.693
1,72U
1.739
l,gU9
1.803
6.7>>9 7.07U
6,67U 7,325
6.573 6,707
6,801 6,it66
6,630 6, '•92
5.718
5.7>«)
5.7UI
5.865
5.953
2,l»32
2,518
2,235
2.238
ToT«lgn credit balances:
(due to abroad)
OT.
5
Iot. 12
loT. 19
Iot. 26
Dec.
3
1^5, 90U
1»6,063
U5,2U3
'»5,X95
't5,'»69
6,87>t
1, 5811
l.5'»5
l,'i!t5
1,U18
1.239
9.523
9.697
9,803
9,82l»
9.898
9.73't
1,131
1.328
1.293
1.306
31,070
31.321
31.175
31.196
9,78U
l.'t93
31, ^"tg
9.5't2
1,876
2,000
1,589
1.551
1,613
9,8lU
9.530
9,277
9,302
9,162
lUl
l>tl
130
131
13''
2,1150
2,1103
2,lt2g
2.53i»
59U
609
622
612
2.562
581.
71
Security Transactions In Joint Foreign Arbitrage Accounts as Reported
by Brokers and Dealers In the United States for November 1941
(In thousand! of dollari)
Transaetlona ftnrinc
v«ak andod:
Orand
total
Dnttad
Eli^doa
Tranoa
Balgloa
Italy
latharlaada
Svit- Othar Total
larlaad Boropa loropa
Latin
Canada iaarlaa
acaMM
TOIil. Fo
n ta
niiis surii
lOT.
i£o
5
OT.
12
19
loT. 2b....
m.
BiO.
3
S22
955
Porohaaaa of
doBottlo ooorltlaat
Stookat
lOT.
5...
OT.
12...
lOT. 19...
loT. 26...
Das. 3...
Bond*:
lOT.
3.
lOT. 12.
lOT. 19.
loT. 26.
Dio.
3.
Parohaaas of
forol^ aaeorltlaai
lOT. $
lOT. 12
lOT. 19
lOT. 26
Dao. 3
3*6
505
762
gZL
951
TOTAL SALIS
II THI OSITD SIATISt
lOT. 5
lOT. 12
(OT. 19
loT. 26
Dao.
3
2eu
U3U
802
613
Salas of
doaeotlo aaoorlttaa;
Stoolcsi
lOT. $•••
lOT. 12...
Hot. 19...
lOT. 26...
Sao.
3...
Bondat
loT.
;. ..
OT.
OT.
OT.
12...
19...
26...
Dao.
3...
g&laa of
foralgn aaonrltlaai
lOT.
5
lOT. 12
lOT. 19
lOT.
Dao. 3
»
26l>
U22
71*
FiJ
Jfl^an,
Eoroa and
Maaohxiria
Othar Total
Aala Aala
All
othar
R
Foreign Purchases and Sales of Domestic Securities^
dm
tranMctlona
dorlii*
«««k uded:
thoQsandn vt dollArt)
73
UJ
q:
D
U
UJ
{/)
y
h-
CO
o
Q
O
>^
CO
-^
LlJ
O
in
O
z
<
(/5
UJ
(/)
<
X
u
D
Q.
O
UJ
q:
O
u.
74
Purchases and Sales of Foreign Exchange, Spot and Forward, as Reported
by Banks and Bankers In the United States for Itoveniber 1041
(Id thousand! of dollara)
Currency of
Transactlont
Avxiag
w«ek sndsd:
TOTAL FDBCHASI8:
Not. J Spat.
loT. 5 forward.
Orand
total
Latin
Canada Aaar-
0«rmany
Italy
2
1*
168
570
169
5.960
516
1.3*8
79
15
56
1*2
585
199
5,990
177
1,259
170
1*6
2
3
23
161
625
zs
117
7,*10
881
1,913
157
Bel-
IlDttoA
KlofdoD
*1
Katharlanda
Svlt- Othar
Total
tarland Eixrapa luropa
loa
10.690
"»,969
753
516
(OT. 12 Spot....
lOT. 12 Torrard.
10. 1(71
.55^
713
171
Hot. 19 Spot....
Hot. 19 rorvard.
12.369
i.Sag
6.33*
Hot. SS Spot....
HOT. 26 forvard.
io,«59
2,si6
'».756
a. 570
92
2
19
93
717
293
5,97*
2.570
1.292
120
995
Spot....
9,739
2.358
S.lsU
66
5
*6
151
590
12
11*
6.156
993
1.3*8
a9
651
100
tec.
tec.
Porchaaoa
lOT
HOT
3
3 Tonrard.
fr^
851
26
6
9ffl
7*3
25
l.*25
59
baaka
$ Spot....
^ Forward*
Hot. 12 Spot....
Hot. 12 Forvard.
6.939
Hot. 19 Spot....
Hot. 19 forvard.
Hot. 26 Spot....
Hot. 26 Forvard.
7.5^
599
565
2*
9
126
I19*
167
*,22U
183
889
117
580
25
16
13«
551
150
3.998
128
5*9
1.28*
12*
3.371
183
31
3,0«l
128
9i
3.767
88
51
2
12
*3
9
83
685
285
26
87
*96
12
110
7.'»76
73
591
3.86g
t7
39
Hot.
Hav.
5 Spot.
9 forvmrd
•t. 12 Spot.
Hot. 12 Forvard,
3.303
337
1.998
333
10
3.532
15^
l,'»73
15
*o
6
3*
6
Hot. 19 Spot.
Hot. 19 Forvard,
l»,820
2.567
763
95
11
88
Hot. 26 Spot...
Hot. 26 Forvard
3.383
1.691
1.836
*9
10
20
3 Spot.
3 IPorvard,
l,g>10
2.835
953
115
1
976
6.90U
l.Uos
3 Spot....
3 Forvard.
Fnrekasas fraa
ettstoaara othar
than hank*:
tec.
tec.
tee.
tee.
121
5
*2
*.6l2
91
*.171
73*
*.6sg
99
1,736
333
76
1.286
1*6
620
723
120
9*6
771
205
51*
100
*59
163
i;6
li
'%
710
*6
1*1
59
3*
27
2.798
790
627
11
70
10
32
1,803
1.836
569
*9
6»
9*
1,528
577
1*
137
758
22
1,316
93*
27
5.95*
189
81
15
175
575
170
6.975
189
^•^3
1.025
93*
TOtAL SAUSl
Hot.
Hot.
5 Spot.
$ Forvard
Hot. 12 Spot.
Hot. 12 Forvard
io,«irt
5.*53
2*3
63
19
1*2
597
156
'»«3
6.*3*
2U3
Hot. 19 Spot...
Hot. 19 Forvard
12.305
i.ooU
6,352
77*
121
23
180
628
125
7.*3*
775
Not. 26 Spot...
Hot. 26 Forvard.
11.572
1.827
5,7*1
l.6*c
9*
2C
111
7*5
298
7.013
1.6*8
3 Spot...
3 Forvard,
ll.'»36
6.*50
879
113
**
89
1
563
10
136
7.'I01
tee.
tee.
1,220
1
892
S»^aa to bank*
3 Spot...
5 Forvard
'».306
2,010
*0
13
65
15*
12
2.21
168
lOT. 12 Spot...
loT. 12 Forvard.
3.969
308
2,022
1*1
13
72
lU
20
2,238
1*1
Hot. 19 Spot...
Hot. 19 Forvard
5.361
773
2,*33
6S2
*9
120
292
53
2.9*8
682
Hot. 26 Spot...
Hot. 26 Forvard
3.9*9
l.«93
l.*3*
1.996
33
70
68
73
1,679
1.996
3 Spot...
>t,001
922
1.963
782
27
Forvard
**
1
113
10
7.027
186
3.9**
68
110
UZl
158
*,718
6.875
175
6,92U
232
3.*3i
102
50
70
*e6
136
*.196
102
3.919
98
72
60
336
72
*.*86
93
*,307
61
*1
677
225
5.33*
52
86
*5
U50
108
5,222
97
Hot.
Hot.
tec.
tee.
3
'^
2,179
795
Salaa to onatoaara
othar than haokat
Hot.
Hot.
J Spot.
S Forvard,
Hot. 12 Spot
Hot. 12 Forvard.
Hot. 19 Spot
Hot. 19 Forward,
Hot. 26 Spot...
Sot. 26 Forvard
teo.
tea.
3 Spot...
3 Forward
IS"*
52
7.'t35
*.*«7
97
29«
1*9
1*9
1
Japan.
Eoraa and
Kanohurla
Othar
Alia
Total
Asia
75
Outstanding Forward Exchanpre Contracts as Reported by Banks and Bankers
in the United States during November 1941
(In thooaandfl of dollars)
Ciirreoo^ of:
Contracts at of
follovln^ datva
TOTil.
total
United
Kingdom
Tranca
13.090
12,789
11,815
13.864
13.033
7.006
6.390
5.526
7.5*6
6,821
18
18
20
18
18
6.625
6.650
6.671
7.35*
2.1163
OraAd
Bal-
Oar-
glin:
Dany
Italy
Hathar-
landa
PDRCHASl COrTHACTS:
Hot.
5
Hot. 12
Hot. 19
lor. 26
Bee.
3
519
519
519
519
519
li5«
297
297
297
297
297
218
218
218
218
18
18
20
18
IB
222
222
222
222
222
2>I0
15
681
681
16
15
15
680
681
681
1»58
lt5«
lt5«
Contracts for
pnrchaaea froa
foreign custoaera:
Hot.
5
Hot. 12
Hot. 19
Hot. 26
Bee.
3
6.76>t
2,226
2,06U
2.673
I.9U5
Coatracta for
purchase a frosi
domestic custoaera:
Hot.
5
Hot. 12
Hot. 19
Hot. 26
Dae.
3
TOTAL
6.I165
if6j
?,'»62
6.510
6.269
4.913
12.93?
12.081)
7.63t
7,351
6,836
13.701
s,itu«
13. »1
8.067
7.696
7.509
7.021
'*,625
•1.195
"1.876
2ll0
2)40
2>I0
2l|0
SlUS C0HT5ACTS:
Hot.
5
Hot. 12
Hot. 19
Hot. 26
Dec.
3
12,70ll
10
10
10
10
10
1.206
1,206
1,206
1,206
1.206
Contracts for sals
to foreign custoaera:
Hot.
5
Hot. 12
Hot. 19
Hot. 26
Dee.
3
8,ll62
8,08T
U,859
610
610
610
610
610
5.679
5. "no
738
738
738
738
738
Contracts for sale
to doaestle cuato«arai
Hot.
5
Hot. 12
Hot. 19
Hot. 26
See.
3
5,2'«3
5.195
5.063
5,23?
5,11'!
2.775
2.726
2.6U1
2,767
2.657
15
15
16
15
15
10
Japan,
Latin
Othar
Othar Total
SvltCanada Aaar- Korea and
Aaia
torland loropa Europa
Ica Maaefanria
Total
Aala
ill
other
GOLD
AND
SILVER
76-
STATISTICS
77
Gold Assets and Liabilities of the Treasury
(In ollllons of dollara)
KDd of calendar
year or month
I93i».
19351936.
1937.
193s.
1939.
igMo.
19111.
19Ul.January..
Febniary.
Harch
April.
May...
June.
July
JUl^Bt.
September.
.
.
October.
November.
December.
,
igU2-January.
.
.
78
C/)
UJ
CO
Q
LU
z
3
XLlI
h-
*^
—
3
o
L.
UJ
>
^
<
a.
>
o
to
U
o
o
§
o
O
(/)
:!^
O
O
I<
O
-o
o
o
79
Components of Silver Monetary Stock
(Is
llllom
of dollart)
Sllrer held la Tr«««u27
iBd of ealnter
7«mr or aonth
SeeurlBg illTor
eertlflcatts 1/
SllTtr bullion
SllTor dollari
211.6
576.9
775-9
I93>t.
1935193«193719381939-
938. B
l9'io.
1.137.6
1.298.2
1.398.1
19U1.
l.itTe.l
febroarr.
Nareb....
April.
Sabtidlnr/
Boll Ion for
recolna£e 2/
coin 2/
Bollloa
at eott
I1.2
t.t
U.2
.2
89-3
262.7
•3
3't7-7
35-2
3g-U
11-3
&2g.6
535.3
616.0
itg.i
39lt.l
662.3
52-5
63.0
uaa.U
693-5
659-9
662-5
665-2
52.5
52.8
53-1
lt22.1
657.lt
k9U.6
U9U.2
l.'»17.7
>t9it.o
l.'»23.8
't93.7
1.U30.O
U93.0
U92.0
^:^9
U.l
665.5
666.1
665.2
1*90.7
5.U
665.I1
666.9
667.5
1122.3
11,078.6
It, 092.
U25.0
u.107.6
1129.3
6,120.8
6.135-3
6,i6g.7
UlU.g
663.6
662.3
99.7
61.7
63.0
676.9
6«5.7
693.5
6,2ltlt.g
662.1
63.0
693.5
6,256,0
l.''59.3
3.H
i.ufis-e
l.'»70.3
1«7.3
Uglt.i
7.0
2.9
3.5
661t.3
1.U76.1
l,Ugl,7
Ug3.9
8.1
^
lt.261t.g
650.0
656.6
665.7
l»8g.U
p
}J
1.279-7
1.970.1
2.602.3
2.806.5
3.366.8
3.790.2
u. 060.0
ltU3.2
U89.6
19U2-Januax7 p.
305-3
323-5
350.6
366.9
372.8
56.3
57.5
58.6
l.W'3-5
l.itSlO
lt«5.Ii
Total silver
at $1.29
per ooaee
55.1
l.''35.9
July
Aacaat..*.
Septaaber.
Source:
Subsidiary
coin 2/
508.7
505-7
503.7
502.7
U99.O
U9U.6
USU.I
Jim*..
October.
Voreaber.
Beceaber.
SllTer
dollars 1/
50g.lt
l.Uli.S
l.'i05.7
19'tl-JaBuai7.
Sllror out Bid*
Tr«aauT7
In Oenernl Tund
It.
167-9
ll,188.1
u, 207.1
6,221-5
6.232.7
Daily Treasury Statement and Circulation Statinant of United States Money,
PrellDln&ry.
Talnad at $1.29+ per ounce.
Valued at il.3g-» per ounoe.
Silver of Specified Classifications Acquired by Mints and Assay Offices
(In ailllone of ouneee or dollara)
Calendar year
or Boath
levly Blaad daBeetle 1/
21.8
38.0
61.1
70.6
61.6
60.7
68.3
70.5
16.1
I1.6
March
6.5
5.9
5.7
iprll.
May...
fva*..
6.3
6.5
6.3
July
iacaat....
Saptaabar.
6.5
6.7
7.2
It.
OoteWr.
oraaber.
6.6
6.5
5.8
3-2
1:1
6.0
6.3
1936.
1935.
1936.
1937.
1938.
1939.
19110.
1961.
1961 January.,
febmary.
Deoeaber.
1962-Jaiisaiy.
latlenallsad 2/
Omcaa
U0.6
2.0
27.
67.|
62.2
60.1
68.5
50-1
Oollara
55-3
i.e
.2
roreigB 2/
Ouncea
172.5
271.9
261.5
355.*
282.8
139.«
76.6
Bollar*
86.5
318.2
150.3
108.
156.9
120.5
50.9
27.1
Onncea
306.9
536.3
333-6
312.2
&I7.I
363.3
208.0
163.1
-9
^3^:
3"*. 5
197.8
163.3
199.1
160.6
99.6
77.2
7.6
5.9
6.2
6.0
2.8
1.7
2.1
6.1
1,6
1.7
2.3
10.2
11.2
10.6
?•'
3.1
6
8.6
3.2
3-3
2.9
15.1
1S.6
7.8
8.1
1<».8
8.0
6.2
6.1
7.9
6.8
'd
lt.8
5.1
5.6
U.l
3.7
2.6
1.6
1.5
8.6
9.5
5.6
3.3
1.6
9.3
5.7
cents per fine ounce until April 9, 1935: at 71*11+ oents per fine ounce froa that date until April 23, 1935:
1/ Acquired at
at 77.57+ oents froa April 23, 1935 to Deceaber 31, 1937! at 66.0t+ cants per fine ounce froa Secesber 31. 1937 to .Tuly 1, 1939;
611.611+
and at 71.11+ cents since July 1. 1939.
Ixecutlre Proclaaation of August 9, 193lt, repealed April 28, I938.
2/ Acquired at 50.01 cents per fine ounce.
Acquired
at Tarloue prices aTeraeiog approxlaately 51 cents per ounce.
2/
BO
Seigniorage on Silver
(CumulKtlve from J&nu&rj
1,
193^
-
^i^
millions of dollarB)
Potential
Sourcea of telgnlore^e on sllTer ballloa reTalued l/
Xnd of calendar
year or month
Selgnl orange
on tllver
and minor
eolna
•el^lora^
Ml«e. tllTer
Newly -mined
Hewly-Blaed
Incl. illTer
ellrer (Proe.
allrer (Act
tiullloa held
Dec. 21, 1933) July 6, 1939)
June lU, ig3U)
(
SllTer Purchase Act
of June 19.
193"*
Hatlooallted
tllrer
(Proc. of
kae. 9. 193'*)
Total
sel^lora^e
on flllver
revalued
on
sllTer bullion
at cost In
General fund
2/
w*.
'•.5
1*8.7
.u
18.5
1»«.7
'(6.1
1*«.7
1*8.7
1*8.7
7'*.9
'*57.7
3'*.7
1*8.7
530.7
562.7
3t.7
3U.7
1*8.7
87.3
87.6
87.6
t.2
25.7
Witl.
63.7
69.5
91.7
122.2
182.1
16.8
36.0
58.0
51.1
226.2
302.7
366.7
28.5
1935.
1936.
1937.
1938.
1939.
'*8.3
580.1*
31*.
7
799.7
756.8
950.6
1.055.8
1.089.0
19U2- January,
188.
1*8.7
87.6
50.2
581.3
311.7
802.5
1,091*.
19'to.
Basis:
1/
'
1*8.7
3'*.5
3"*. 7
31*.
7
128.7
326.2
U22.1
508.1
616.0
705.6
759.1*
132.6
27'*.9
397.5
5'*l.6
Dally Treasury Statements.
These Items represent the difference between the cost ralue and the BOnetary value of sllTer bullion reralued and held to secure sliver
certificates.
The fljcures in this coluan are not cuoulatiTe; as the aaount of bullion held changes, the potential seigniorage thereon changes.
Silver Production, by Leading Countries
(In thousands of fine ounces)
Calendar year
or month
OTHER
TREASURY
-
61
-
STATISTICS
82
Treasury Department Criminal Cases In the United States District Courtsi^
^f
Treas.
HJ
10
.A2
1942
c.l
U.S. Treasury Dept
Treasury Bulletin
.V;,?-.!''"^"''^
UBflARV
@FedFRASER