Full text of Treasury Bulletin : February 1953
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LIBRARY ^^H-^ WwSf^ t&<^'< ss^ %^ LIBRARY POOM 5030 ^ J UN ?.3 1972 TREASURY DEPARTMENT ^EmiLETEN FEBRURRV-1353 UNITED STATES TREflSURV DEPRRTMENT OFFICE OF THE SECRETBRV February I9ij Table of Contents Page Treasury financing operations A-1 Summary of Federal fiscal operations 1 Budget receipts and expenditures 2 Trust account and other transactions 17 Treasury cash Income and outgo 21 General 2h F\ind of the Treasury Debt outstanding 25 Statutory debt limitation 30 Debt operations 31 United States savings bonds 36 Treasury savings notes hd Ovmershlp of Federal securities 4-7 Treasury survey of ownership of Federal securities.. ^9 Market quotat ions 53 Yields of Treasury and corporate bonds 57 Internal revenue collections 59 Monetary statistics 63 Exchange Stabilization Fund 67 Capital movements 69 » Cumulative table of contents Note: 82 In those tables in which figures have been rounded to a specified unit, all calculations (including percentages) have been made from unrounded figures. Consequently the details may not check to the totals shown. A-l February 195) Treasury Financing Operations Refunding of the Fetiruary Certlflcatee On January 27, 1953, ^^^ Secretary of the dated February 15, 1953t an^ bear Interest from that date payable on a semiannual basis on June 15 and Treasury announced the Intention of the Treasury to offer on February 2 a choice of one-year certificates becomes payable. December 15 In each year until the principal amount They will mature December 15, 195^, held by the Federal Reserve Banks, about $2.3 billion and will not be subject to call before maturity. Bearer bonds with interest coupons attached and bonds registered as to principal and Interest were Issued In denominations of $500, *1,000, $5,000, Subscription $10,000, %\00,00Q, and $1,000,000. books were closed at the close of business on by commercial banks, and the remainder by corporations February of indebtedness or a five- to slx-year security In exchange for the 11-1/2 month 1-7/8 percent certif- icates maturing on February 15. The tmnounoement stated that of the tg,S6g million total of the maturing certificates aj/proxlniately $3.7 billion were and other nonbank investors. 5. The bulk of the maturing certificates was thus held by Investors who preferred Aooordlng to preliminary reports as of February 9. short-term securities; the new offering, however, would give any holders who might wish to do so an subscriptions for the new offerings totaled $8,73^ million, approximately 98-1/2 percent of the maturing opportunity to extend ttelr maturities, the announce- certificates. ment concluded. Series A-195'V, totaled $8,112 million, and subscrip- Interest rates on the offerings were announoedon January 30. The Interest rate on the one-year certif- Subscription* to the certificates. tions to the Z-1/2 percent bond« of 1958 totaled $619 million, leaving $137 million of the total to be paid In cash. icate Is 2-l/U percent per annum, and the alternative security Is a five-year ten-month bond bearing interest at the rate of 2-1/2 percent per annum. Pull details of the certificate and bond offerings were given In the official circulars dated Monday, February 2,1953. Exchanges were made par for par; and cash subscriptions were not received. The new certificates, Series A-igS"*, are dated February 15, 1953. and bear Interest from that date payable with the principal at maturity on February I5, 195'*. They were Issued In bearer form only, In denominations Treasury Bills Refunded Five Issues of Treasury bills matured In January In the total of $6.9 billion. They were refunded by equivalent total and weekly Issues. The offering dated January 2 was for $1.2 billion, that dated January 29 for $1.5 billion, and the offerings dated January 8, I5, and 22 were for $1.1(- billion The average rates of discount on the new Issues were 2.I9I percent for January 2, I.986 percent for January 8, 2.121)- percent for January I5, 2.097 percent for January 22, aid I.961 percent for each. January 29. of $1,000, $5,000, $10,000, $100,000, and $1,000,000. The new 2-1/2 percent Treasury bonds of 195S are >ot«: Datolla of Treunrj Boricat floaaalae o;*ratloiu ar* sUevber* In tkls Itiu* of tbo 'TrMavry lollotla*, In tlio trtlo* on 'Otturins'' »»* *B1»- hom taada, poaltlon", r»»p«otlT»ly, of MTkotalilo Uao** of notoa, «i^ ocrtlfloatoo of la&obtodaoM , ad la tbo takl* "OfforlBgs of TrouoT Bills* . February 195) SUMMARY OF FEDE3^AL FISCAL OPKRATIONS (in mlllloiia of do3J.ar3) Budget receipts and expenditures Net receipts 1/ Expand Itixres 27 Surplus, or deficit {-)2J Net of trust account and other transactions Net increase Clearing accoxmt it/ g/i/ decrease Net increase in General Fund balance, or decrease (-) (-) in public debt, or Levels, end oT period General Fund balance Debt outstanding Public debt Guaranteed aecuritlea Fiscal years: 1942. Wits. 19Wi. 12,696 22,202 igits. W»,76S 1.3,892 31., 187 79,622 95,315 98,703 60,703 -21,1.90 -57,1.20 -51,1.23 -53,91.1 -20,676 19^6. 1.0,027 19'H. 1.0, 19'*8. 1.2,211 19''9. 38,2U6 1950. 1951. 1952. 37,01.5 1.0,057 1.0,167 1.8,11.3 l«,633 -1,811 -3,122 3,510 62,129 66,11.5 68,697 68,665 7l.,593 1953 (Est.). 19511 (Est.). Calendar years: 19l^^. 043 39,289 33,791 78,587 23,461 64,274 64,307 57,679 13,740 358 6,515 10,662 4,529 -10,460 2,991 9,507 20,169 24,698 14,238 72,422 136,696 201,003 258,682 269,422 4,568 4,100 1,623 433 476 -10,930 1,624 -1,462 2,047 1,839 -388 3,308 4,932 3,470 5,517 7,357 6,969 258,286 252,292 252,770 257,357 255,222 259,105 90 27 20 29 46 555 -507 366 483 -214 -401 -11,136 -5,994 -l.,017 -1,103 -294 -495 99 679 147 -5,896 -9,922 108 26 £5 4,795 9,900 -969 -5 6,000 6,000 263,900 273,800 68 43 -1.788 -266 -l,l6l -123 -1,386 362 50,232 57,707 64,753 47,484 -18,966 6,983 1,751 9,942 3,767 -22,502 10,543 12,294 22,236 26,003 3,502 108,170 165,877 230,630 278,115 259,149 4,301 4,230 1,514 567 339 -2,249 -4,100 4,331 -423 2,711 7,973 -405 1,111 471 -447 62 1,770 3,097 4,208 4,679 4,232 4,295 6,o64 256,900 252,800 257,130 256,708 259,419 267,391 81 55 30 24 42 54 -583 -184 -944 -270 366 129 221 929 3,187 -l,6l4 -1,173 1,574 4,454 5,382 8,569 6,955 5,782 7,357 256,125 255,941 254,997 254,727 255,093 255,222 18 21 21 29 29 751. 8,1.19 16,290 57,751 -1.1,1.61 IJltS. 3l.,lt83 90,171. IJUJ.. 1.3,531 1.3,928 97,181 87,522 -55,691 -53,650 38,810 1.1,322 -2,512 1.1,010 2,1.31. -3,592 19'*5. -1,613 -338 -2,222 791 -524 -J.3,591. 19118. 1.1,1.50 38,576 36,209 19''9. 38,122 1.1,711. 1950. 1951. 1952. 37,831. 53,1.88 fi5,523 38,255 -1.22 56,81.6 -3,358 71,366 -5,81.2 5,21.1 -350 -229 -502 311 815 -41 478 4,587 -2,135 3,883 -240 199 234 87 -106 -319 73 3,808 3,211 61.0 -83 1,047 227 l.,058 4,051. -34 3,11.6 l.,007 l.,517 7,089 5,969 -1,381 -1,370 1,119 -69 136 284 July August., September 2,571 l.,739 11 -14 5,087 5,163 83 37 '-103 30 435 988 709 -1,737 -525 1,822 5,620 5,095 6,916 255,657 256,644 257,353 28 3,591. -2,168 -1,493 1,046 October. November December 2,635 3,521 5,279 5,1*83 5,178 5,627 -2,847 -1,658 -347 -55 82 196 -86 20 7 945 1,306 -186 -2,042 -250 -329 4,874 4,624 4,295 258,298 259,604 259,419 37 43 42 1952 -January. l.,953 5,1.55 -501 February March... 5,553 9,886 5,105 5,701. 448 4,182 -374 186 106 103 -25 -245 357 587 -2,278 -415 1,196 1,765 3,879 5,075 6,840 259,775 260,362 258,084 38 37 41 April... l>,323 3,809 9,796 6,016 5,659 6,930 -1,693 -1,850 2,865 -291 357 -192 329 -91 -326 209 1,613 -800 -1,447 May June..,. 1,548 5,393 5,421 6,969 258,292 259,905 259,105 44 45 46 July 3,316 It, 050 6,585 6,71.2 -3,426 -968 515 -17 77 422 432 -195 -229 3,968 957 -973 204 7,925 6,952 7,156 263,073 263,186 262,682 39 40 3,099 -252 201 -265 316 -243 -145 2,238 2,513 6,175 7,636 6,064 264,919 267,432 267,391 45 51 -41 -981 1,461 -1,572 -m 401 11 -376 267,402 48 l?51-Januflry. 1., 1.1.8 February March. .. April... Maj June. . l.,257 . Auglist. . September 8,112 2,626 6,209 5,018 6,070 October. November December '.,151 6,383 5,161 6,003 7,121. -3,283 -1,009 -1,121 1953 -January. 5,061 5,737 -676 247 -161 111 106 -304 43 Source: Actual figures frcm Dally Treeieury Statement; estimates baaed on 1954 Budget document, released January 9, 1953. More detailed Information with respect to the figures In this table Is given in succeeding tables 1/ Gross receipts lees appropriations to the Federal Old-Age and Survivors Insurance Trust Fund and refunds of receipts. 2/ Transactions of the Foreign Economic Cooperation Trust Fund, established under Section ll4 (f) of the Economic Cooperation Act of 19'.8 113 -504 ^ 28 18 32 33 34 54 (62 Stat. 150), are conBolidatod with budget expend 1 tiarea , Beeinning with the fiscal year 1950, investments of whollj owned GoTemment corporatlCTis in public debt eecuritiea are excluded from budget eocpendlturee, and included with other such investments under "Trust account and other transactions". Excess of receipts, or expenditures {-), For outstanding checks and interest coupons, and telegraphic reports from Federal Reserve Ba.ika; excess of receipts, or expenditures (-), Treasury Bulletin -BUDGET RECEIPTS AMD EXPENDITURES. Table I.- Receipts by Principal Sources . .. ., , . , February 195) -BUDGET KECEIPl'S AND J3CPENDITUREb Table 3.* Expenditures for National Defense and Related Activities (In millions of dollars) Department of the AlT Force 11/ Flacal year or month 19l>5 90,501 18,870 16,812 11,500 12,158 igue v^i igitS v^9 1,690 19,955 r 39,033r 16/ 1953 (Est.)... 195^ (Est.)... 1952 -January, Fcbruniy Mnrch .... April. of the Army iiU,Ul47 U6,i*30 r 3,lW r 3,1*06 Forces Leave Act 12/ 30,047 15,161 4,998 4,171 4,412 5,1*17 3,506 6,238 12,350 16/ 4,058 6,867 r 15,370r 16/ 15,385 17,510 15,865 15,200 Eeconstniction Finance Corpor Corporation 20/ Deparlaient Pajmenta of the under Armed 50,337 27,800 6,911 6,046 12, 31*6 1950 1951 1952 Department 4,110 5,757 9,961 United States Maritime Canmiiselon 21/ 472 328 138 1,986 270 Strategic and critical materials 22/ Surplus property disposal 3,227 694 271 277 136 10 114 664 1,501 268 25 106 442 325 11 99 98 299 Other 22/ 6,305 4,117 554 44 71 439 656 847 22*^ 10,900 12,000 1,070 900 1,227 898 584 40 38 54 37 51 40 1,071 1,176 938 101 97 172 26 65 1 435 503 820 1,018 1,054 1,108 l,'*^ r 1,219 r 1,628 r 1,213 1,086 1,250 16/ 1,353 r 1,1*03 r l,259r 16/ 1,297 1,508 981 1,560 966 805 961 83 92 103 30 52 40 784 June.. 3,771 r 3,7fi8 r 3,683r 16/ July August,,., September, 2,971 U.OOS l,0l»0 October,,, November, December,, 3,723 3,302 081 1,211 1,052 1,386 1,1*68 It, 1,301 1,554 916 857 1,034 86 57 69 42 36 38 21,968 7,329 8,372 5,539 490 23 8 Meo'... 1953 to date,.. i,m 1,3"* 33 Source: See Table 2, Footnotes at end of Table 5, Table 4.- Expenditures for International Finance and Aid (In mllllonfl of dollars) ExportBretton Woods Import Agreements Banlt Act 24/ Fiscal year or month . 1946, 1947. 1948. 1949, 1950, 727 4,928 4,143 14/ 6,016 2/ 4.689 1951.. 1952.. 1953 (Est,).,. 1954 (Est.)... 159 1,426 568 938 465 Credit Goremment to and relief in occupied areas till ted glnadom 25/ 45 514 881 1,333 779 4,469 r 4,917 r 88 25 370 152 5,799 7,596 8e 45 49 49 2,050 1,700 -60 161 279 126 : : 884 2,228 ^ 47 58 r 256 r 162 105 212 251 261 239 228 231 9 r 6 r 5 193 6 1 9 178 114 293 352 184 3 6 6 7 298 266 275 4 2 2 3 122 106 110 4 9 31 823 1,669 26 28 : : April. May... June. 486 r 526 r 567 r 11 32 34 3 July Augus t . . . September. 594 596 302 92 46 -13 4 October. . Kovcnber.. December. 423 375 371 -10 -5 5 4 -30 2,661 So Source: See Table 2, Footnotes 1 through 6 on page 2 and 10 through 33 on page 4. 1/ For basis of appropriations, see Table 7. Amounts appropriated are eqiilvalettit to the amounts of tales collected and deposited for oldage insurance. The Social Security Act Amendments of 1950 (Public Lew 734), approved August 28, 1950, changed In certa i n respects the basis of transferring the appropriated funds to the trust fund. Effective January 1, 1951, the old-age Insurance taxes on employers and employees and the vlthheld Income tax are paid into the Treasury in ccmbined amounts without separation as to type of tax. The old-age insurance tax on self -employment income. Imposed by Public Law 734, is levied and collected as part of the Individual income tax, beginning with the taxable year 1951- Beginning January 1951, the amounts transferred currently as appropriations to the trust fund are based on estimates of old-age insurance tax receipts made by the Secretary of the Treasury, and are adjusted in later transfers on the basis of wage and self-employment income records maintained by the Federal 3,006 2,191 420 170 44 24 r 11 r 36 r 4 10 1953 to date. 134 14/ 4,043 2/ 3,523 Other 22/ Military assistance 28/ 187 195 226 6 12 , . technical assistance 27/ 155 152 129 -77 31 March . 65 18 Mutual Security Act 26/ Econcsolc and 5,506 7,397 30/ 301 r 401 r 422 r 1952 -January . February. GreekTurkish Assistance 6 : : : 24 r 3 Security Administrator, For purposes of this table, the amounts credited to the trust fund beginning January 1951 are cansidered to represent estimated receipts of old-sge insurance taxes for corresponding periods. Accordingly, these amounta are included under employment taxes and excluded from total income and profits taxes as shown. Throughout the calendar year 1951, the same amounts were deducted from the combined taxes paid in by employers, and the balance was shown as inccme tax withheld. Beginning January 1952, the tax on self -employment income Is allowed for in the amoxmta credited to the trust fund, but no breakdown between the two types of old-age insurance taxes is available monthly, Eatljnates of the breakdown are made on a fiscal year basis beginning 1952. Interest on refunds is included in Table 5 under "Miscellaneous" Si nce monthly figures In these two columns Include old-age Insurance taxes (see footnotes 2 and 3), they will not add to the total, which excludes those taxes. - Treasury Bulletin .BUI3GET RECEPTS AND KXPENDITUEES Table 5,- "Other" Expenditures (In mllllona of dollars) Departzaent Flacal year or moa'th Total of Departanent of Apiculture Commerce ^2/ Housing and hcoLe finance Post Office Department (advance to cover deficit) Public works Eeoonstructlon Finance Corporation 21/ Social aeourlty profiran ^6/ Atomic J February 195 -BUDGFT RECEIPTS AND EXPENDITURES. Table 6.- Summary of Budget Results by Months and Years {in millions of dollaxa) Apr, Meor July Aue. ept. Calendar year Treasury Bulletin BUDGET RECEIPTS AND EXPENDITURES Table 6A - Detail of Budget Receipts and Deductions by Months and Years (In milllonB of doliare) Mar. Apr. May July Aug. Sept. Individual inccane tai withheld by eioploxerB 2/ - Oct. Calendar year Fiscal year i/ J February 19? BUDGET RECEIPTS AND EXPENDITURES Table 6A - Detail of Budget Receipts and Deductions by Months and Years (Contlnaed) (In mllllona of dollars) Apr. May Jul7 Aug. Sept. Calendar year Fiscal Year 1/ Miscellaneous Internal roTenue 172 167 210 369 365 lk2 154 20k 183 192 273 31*0 361i 155 175 2W» 305 352 37^ SW UI2 573 645 3U1 552 375 520 lt21 581. 61*9 693 656 666 629 682 739 6U2 638 662 638 651. 853 826 599 797 805 720 701 838 825 53't 6W» 629 690 187 179 25U 270 359 520 557 615 595 192 201 265 298 187 237 268 353 512 Il22 673 6911 681 718 695 663 677 656 70U 653 7lt9 70it nk 7't7 719 737 722 949 948 806 561 615 602 81»5 217 3I16 269 362 729 1>16 832 877 679 6I43 7lt2 862 311 213 261 309 344 198 237 314 350 464 191 252 436 337 363 171 231 630 386 '.,350 2,232 2,345 2,967 3,847 4,946 't,553 SI". 580 689 752 782 768 507 602 669 695 768 539 516 722 767 702 6,146 7,272 7,924 8,124 8,385 5,291 6,949 7,725 8,049 8,301 753 722 746 805 720 764 823 939 8,326 8,771 9,392 10,416 8,348 8,303 9,423 9,726 356 438 4,942 5,824 8,640 16,747 33,128 5,161 5,303 7,362 12,993 22,144 42,259 41,685 43,902 40,310 39,379 573 656 699 676 714 775 707 877 808 885 923 353 2,303 2,585 3,352 Total Internal revenue 264 258 319 555 724 380 395 502 879 1,075 886 1,513 3,493 2,188 3,042 3,451 3,415 3,944 5,15lt 226 262 362 684 1,396 355 357 483 708 1,581 695 1,211 2,424 4,211 265 326 400 742 1,815 374 523 501 748 2,602 667 673 1,077 2,476 5,160 272 319 431 603 1,813 2,115 518 693 1,159 2,649 5,484 2,464 3,815 3,684 4,274 4,211 6,353 6,431 5,583 5,446 6,080 2,935 2,746 2,310 2,309 2,603 3,024 2,921 2,308 2,578 2,859 5,734 5,384 4,080 3,993 4,536 1,985 2,527 2,251 2,126 1,998 2,702 2,849 2,494 2,662 2,720 5,749 4,847 4,291 4,267 4,438 1,880 2,340 2,230 2,197 2,013 2,300 2,383 2,403 2,690 2,734 4,945 3,948 3,693 3,678 3,878 38,780 39,637 42,015 3,453 3,257 3,783 't,391 4,649 6,063 5,988 5,492 8,656 10,641 2,033 1,989 3,113 5,035 2,609 2,719 3,821 4,491 4,660 4,590 7,330 9,992 1,927 1,969 2,608 3,'H3 2,720 3,057 3,937 4,4o8 4,751 4,722 6,398 6,711 1,879 2,099 2,539 3,150 2,566 2,997 3,740 4,513 4,074 4,302 5,421 5,963 40,442 40,677 56,604 69.149 40,307 39,449 51,106 65,635 27 24 35 22 39 36 23 36 20 32 29 28 31 38 319 349 392 389 324 23 32 40 31 25 4,770 3,'t84 693 574 683 784 1*3,233 ltl,853 Qua tarns 24 36 33 35 25 22 26 32 27 26 29 29 40 1*9 25 26 41 33 32 32 32 37 40 36 42 47 37 35 23 39 36 42 33 42 39 31* 41 45 41 35 29 35 .9 3l» 29 1*3 34 30 37 57 44 33 29 26 33 25 28 38 28 34 26 25 37 24 38 36 42 37 31 28 28 33 35 35 33 33 44 28 38 28 40 48 25 39 48 48 30 I15 1*3 33 37 31 3"* 32 52 30 42 34 35 33 1.7 28 30 333 330 30 23 34 33 24 34 438 29 36 45 42 36 27 35 45 29 32 32 33 35 38 391 498 445 417 35 57 37 54 47 44 35 54 44 51 374 530 603 575 384 423 624 551 23 23 21 20 25 224 21 24 30 222 209 245 261 317 2,271 188 242 242 295 934 170 194 169 319 174 446 132 367 3,085 3,669 3,576 3,325 3,494 3,492 51*7 5,053 1*,635 11*5 2,946 3,824 124 133 147 U7 1,749 1,450 101 336 2,' 064 2,082 1,439 1,639 l,8l4 29 34 24 42 52 43 323 395 382 431 355 1*35 494 422 Other receipts 7/ 20 17 17 19 29 126 14 24 30 26 327 17 18 21 30 203 14« 191 19« 1*37 489 501 370 1,317 535 240 146 225 183 202 198 306 307 271 136 402 110 140 165 129 178 130 15 23 17 33 15 25 16 24 77 91 23 553 511 358 370 323 257 151 157 330 369 141 241 243 271 225 192 186 173 123 88 122 111 88 96 115 244 69 123 105 339 Footnotes at end of table. 18 22 21 16 18 19 129 21 21 26 13 3«3 651 589 192 114 138 164 152 28 366 le 172 195 {Continued on following page) 16 18 26 24 260 18 20 26 23 221 155 300 148 375 124 147 208 343 216 101 79 144 117 139 73 83 112 149 161-, 175 Treasury Bulletin -BUDGET EECEIPTS Table 6A - MD lOFENDITURES Detail of Budget Receipts and Deductions by Months and Years (Continued) Febnianj 195) .BUDGET EECEIPTS AND EXPEMDITURES. Table 6B - Detail of Expenditures by Months and Years (In millions of dollars) Apr. May Julj Aug. National defense and related activities 1939. igito. xgki. 191*2. 19'*3. 19l*l». 19'»5. 19'*6. 19^7. 19 W. 19^9. 1950. 1951. 1952. 106 Sept. - Total Calendar year Fiscal year 1/ Treasury Bulletin 10 . Table 6B - BUDGET RECEIPTS AND EXPENDITURES . Detail of Expenditures by Months and Year (Continued) (in millions of dollarB) Apr. May July Aug. Sept. Not. Calendar year J . 11 February 195 .BUXXJET PECEIPTS AND EXPENDITUEES Table 6B - Detail of Expenditures by Months and Years - (Continued) (In millions of dollars) Apr. May Aug. July Sept. Sot. Calenlar Craek and Txa-klsh Assistance 12/ Mutual Ssourltjr Act - Othar 6 67 Treasury Bulletin 12 .BUTGET BECEIPTS AND EXPENDITURES. Table 6B - Detail of Expenditures by Months and Years - (Continued) (In TnllUnmw of dollaTS Jan. Apr. May July Aug. Tetaranj' Adalnletratlon k6 kl k6 k6 Wt k6 1.6 1*7 1*7 1*7 k6 1*5 1*6 56 1*7 1*5 1'5 1*6 1*6 1*7 1*8 1*9 1*9 51 50 50 1*9 55 113 867 576 62 61 286 568 595 582 85 521* 57 123 U03 561 529 528 516 il&r 1*9 502 588 S31r 399 ter Wr 1*07 371 51*7 130 31*1 566 597 61*0 U6 1*5 1*5 51*8 ^/ Sept. Hot. Calendar year Fiacal year 1/ 13 Februanj 195) .BUDGET EECEIPTS AND EXPENDITURES. Table 6B - Detail of Expenditures by Months and Years (Continued) (In mllllana of dollars) Apr. Mb; Julj Ai]6< Sept. Hot, Oalondlar year Postal deficleno; 1939 Treasury Bulletin 11^ .BUDGET RECEPTS AND EXPENDITUEES Table 6B - Detail of Expenditures by Months and Years - (Continued) 15 Februarij 195) . BUBGET RECEIPfS AND EXPENDITURES . Table 7.- Social Security Act - Budget Receipts and Expenditures (In millions of dollare) Treasury Bulletin 16 -BUDGET RECEIPTS AND EXPENDITURES. Table 8.- Railroad Retirement Act - Budget Receipts and Expenditures (In millloiiB of dollars) Receipts Fiscal jeer or Bontii Sxceae of net receipts, or expenditures (-] BxpoDdlttireB Deduction: Befunda of taxes on caiTlerB and their esaplojeee Taxes on caiTiero and their eoxployeas Molnlstratlve receipts Tranefers to Railroad Eotlreent Account (truat accotmtj %J -26.3 -12.8 77.3 -206.5 -15.5 285.0 282.6 380.1 557.1 563.8 1950... 1951 1992 -3^.1 -30.5 -35.9 550.2 577.5 735.0 73't.8 583.7 608.0 770.7 582.8 608.0 770.7 195a-Januai7.. -IMi.lt 12.3 92.9 53.9 12.3 92.9 53.9 56.6 53.4 59.4 56.6 53.4 59.4 13.9 89.8 58.0 13.9 89.8 58.0 53.3 91.5 58.3 53.3 91.5 58.3 16.5 89.2 5^.3 16.5 49.3 86.1 53.9 49.3 86.1 53.9 13.9 88.5 52.9 13.9 88.5 52.2 12.4 12.4 8U.0 58.2 19^5 19U6 19^7 19'»d ig^g ffobroary,, 39.5 March.... -5.5 AprU...., Kajr , Juno. . • . -39 .U -1.7 -."t . Jul? August. . September. . October... Norember. December. -32.9 3.1 .5 1.5 -6.1 281».8 281.7 380.0 557.0 563 .» 5^9.6 577.5 Source: Dally Treaeury Statement. 1/ ExcesB of expend. Itizree la corered by approprlatlona by Congraea. %J Intereat on refunda 1b included under AdalnlstratlTe expenaaa" i/ Consists of ezpendltin'ee frcan appropriations made apecifically for 311.1 294.5 302.8 763.5 578.9 8it.0 58.3 ^ - Budget Receipts and Expenditures (In mlUlons of dollars) Expenditures Beoelpte Fiscal year or month fiallroad unenployoent Insinrance oantrlbutions 308.8 291.9 298.5 758.5 574.5 adminlatovtlTe expenses relating to tlis Railroad Itotlrement Act through 1951, and interest on refunds of taxes (see footnote 2). Less than $50,000. Table 0.- Railroad Unemployment Insurance Act Excess of receipts, or expenditures (-) 2.3 2.6 4.3 5.0 4.4 ^ ., ) . , ' Febraanf 195) 17 THUST ACCOUNT AHD OTHER TRANSACTIONS. Table 1.- Summary of Trust Account and Other Transactions (In milUanjB of dollars) Tmat Het of Fiscal year or iQouUi account and oUier transactions l/ accoonta, etc. ta-ust Het receipts, or expenditures { - Beceipts Net investsnenta of GoTemment agencies in SxpendlturcB (oUier than net public debt securltlea 2/ 791 7,5W -52lt 19^7 -1,103 3,238 2,619 2,658 6,515 3/ 3,625 3,857 -1.95 1,890 5,71't 3,821. 99 679 -281 3,852 3,855 6,669 7,796 8,807 6,950 3,945 I9W 19^9 1950 1951 1952 Guaranteed inrestaantc ) 1*6 19^5 1"»7 -U58 7,086 7,712 -123 2,311 1.6 28 -1«32 8 ll. -10 -16 -37^ 5,5^1 6,287 3,557 3,636 3,IA6 3,3!A -22 13 25 -137 350 300 ^h^ uu. 221 171 U 1 123 63 3/ 1953 (Estimated) 195lt (Estimated) 107 S7 3,5't3 9,08l> 3,259 9,5^7 1952-Januai7 February ... March -37't lt2 186 106 531 336 392 831 April Hay June ...•••. -291 357 -192 hi I176 853 1,050 1,026 197 669 270 510 650 July August Septonber.. -17 77 U22 I103 738 959 h-n 556 308 397 500 lt27 -73 October. , . . November. . December... -252 -186 201 608 131 ko\ 975 7^7 587 367 617 357 266 -265 kj Actual figures trcm Dally Treasury Statcanent; estijnates baaed Source: on 1951. Budget document, released January 9, 1953. 1/ £xcesB of receipts, or eipendltureB(-) 2/ Consists of transactions which clear through accounts of the Treasurer of the United States, except as noted in footnote h, Excludes Foreign EconcEilc Cooperation Trust Fund (see page 1), ^ * 277 -66 -28 1,276 160 387 16 't,952 68lt Hot guaranteed 5,200 3,668 3,362 3,060 11,1.71. 6,21tii Het redemptifxis , or sales {-\ of securities of Govemnent agencies in tJbe loarket 2/ 88 1 -1. 66 -1. -1 -13 * -101 hj 11 -37 -66 -5 -1 SI V* -5 -6 kffl. 1./ 50 -68 50 31*9 EffectlTe June 30, 1952, not transactions in Federal Intemnedlate Credit Bank Issues are included even though certain of these transactions do not cloar through the accounts of the Treasurer of the United States. The figures for June and for 1952 include $98 million net sales of these Issues for the full fiscal year. Less than $500,000. Table 2.- Trust Account Receipts (in Federal Old -Age and SurvlTors Insurance TiniBt Fund Fiscal year or in n tJ TT i 19*5 19*6 mm ifinft Railroad Retirement Account of dollars) TTnemployment Trust Fund national Service Life Insurance Fund Gov eminent Life InflDrance Fund GoTemment Other trust an^loyees retirement funds 1/ funds »riH accounts 2/ 1,*3* 1,386 1,623 1,807 1,92* 32* 312 323 797 625 1,508 1,280 1,289 1,313 1,173 2,127 2,351 1,50* 7*0 690 97 103 13* 90 92 557 61* 578 59* 680 1,038 1,666 19*9 7,086 7,712 6,2** 6,515 i/ 5,71* 1950 1951 1952 6,669 7,796 8,807 2,367 3,*11 3,932 6*5 678 850 1,281 1,5*2 1,6*3 1,076 68* 786 87 86 87 809 850 912 *03 5*5 597 1953 (Estimated). 195* (Estimated), 9,08* 9,5*7 *,*35 *,780 773 79* 1,553 1,596 631 582 86 970 63I1 1952 -January February , . , March.. . .... 392 831 68* 152 **8 *7* 57 65 55 59 3 60 36 209 2* *1 3* 35 28 29 *76 1,050 1,026 267 *86 289 5* 92 13* 50 3*5 99 22 37 208 *8 36 33 220 29 18* *39 2*9 *9 86 55 328 3 3 363 3* Septeanber 738 959 *27 5* 19 1 36 29 October November.. .. Decanber. ... *01 975 7*7 222 538 *69 13 *8 * 85 263 112 3* 3* Ul 17 29 19't7 191*8 April May June July August 53 59 See Table 1. Cooalsts of CItU Serrlce and Foreign Service retlreoBent funds. Includes Adjusted Service Certificate Fund, District of Columbia, Indian tribal foods. Island possessions, Incremeait resulting frcm reduction in the weight of the gold dollar, and through June 19^ Sotirce: 1/ 2/ ^ ?i *0 *0 36 37 792 1,17* 2/ 529 631 3 3 3 6 2 2 39 37 *3 51 seigniorage on silver under the Stiver Purchase Act of 193^- Thereafter such seigniorage is included vltb other seigniorage under budget receipts, Szcludee Foreign Eccaiaalc Cooperation Trust Fund (see page 1). IS Treasury Bulletin TRUST ACCOUHT AMD CfTESB TRAMSACTIOHS Table 3.- Trust Account Expenditures Other Than Net Investments (In mllllcsnfi of dollars; nagatlTe fl^orea are excasa of credits) Fiscal year or aoDth . February t%) 19 -TRUST ACCOUMT AMD OTHER TRAKSACTIONS Table 5.- Federal Old-Age and Survivors Insurance Trust Fundi/ (In mlU-lons of dollars) 20 Treasury Bulletin .TRUST ACCOUMT AMD OTHER TRANSACTTONS Table 7.- UneMployoent Trust Fund J February 195 21 . TEEASUEY CASH INCOME AHD OUTGO. Table 1.- Sunmary of Cash Transactions (in millions of dollars) Treasury Bulletin .TEEASURY CASH INCOME AND OOTCX). Table 3.- Derivation of Cash Budget Expenditures (In mllllona of dollars) J February 195 23 .TREASURY CASH INCOME AND OUTCO. Table 5.- Derivation of Cash Borrowing or Repayment of Borrowing (In mlllloim of dollars) Treasury Bulletin 21^ . GENERAL FUND OF THE TREASURY. Table 1.- Status of the General Fund (la BlUlona of loUara) Bunion, coin, end XDd of fleoal /ear or month Depoalta In Federal Seeerre Banks currency Arallable fonda 19*5 25,119 150 558 igiifi 111,708 3,730 5,370 3,862 160 1,023 1,073 1,022 21i3 19't7 19I18 19l>9 1,500 1,006 1,202 1,928 232 191 219 lt38 In process of collection Deposit* In special depositaries 1/ 123 103 Other deposits and collections 22,622 12,993 962 1,773 1,771 289 305 310 283 309 Liabilities Balance In the General rund 1*21 211,698 1*70 lit, 238 3,308 932 1*22 1.38 It, 392 3,1*70 1950 1951 195a 5,927 7,871 1,052 950 338 333 3,268 5,680 5,106 ItlO 250 355 323 380 1,069 191 176 19* 11*3 7,lt8l 1*81* 512 5,517 7,357 6,969 U,295 l,0l>6 511* 1951 -Osc amber. 14,816 1,033 173 321 IM 2,693 lil<9 521 1952 -January,., Pebruarj. March . . i>,306 1,025 1,003 981 219 205 212 l6a 558 169 316 193 333 2,048 3,216 5,228 537 525 523 1*27 5,700 7,Wi5 April 6,108 6,0U6 7,U8l 997 999 1,009 206 197 Uy> 569 333 195 125 355 3,779 3,690 5,106 8,520 1,010 638 18I1 1*79 1*96 106 161 6,027 5,190 5,217 1*68 1*87 1*91 1*01 770 396 389 171* l*,llt5 1*85 103 5,981* 176 It, 511 1*^ 568 519 518 . , Maj June , Julj AugUBt. .. September. October, , Norember. December. 191* 7,li39 l,00li 7,557 1,001 181 175 179 6,71*3 1,006 999 1,007 163 162 160 8,155 6,582 508 368 3,879 5,075 625 605 6,81*0 1*81 715 5,393 1*66 621. 5,1*21 1*81* 512 6,969 591* 7,925 6,95a 7,156 6,175 7,636 6,o6li Source: Dally Treasurr Statement. 1/ On account of withheld taxea and sales of Gorernment securities Table 2.- General Fund Balance by Months (End of month, In millions of dollars] Year Jan. 3ltO 1932, 1933. 327 1,537 2,319 1931*. 1935. 1936. 2,00ll Feb. Mar. 376 221 Apr, May 292 38I. 1*93 21*1 818 2,291* 2,ltlt2 36U 2,022 1,957 2,358 61*7 1*,902 It, 2,081 1,767 2,1*1*6 1,935 2,866 1,826 July 1,789 2,230 1,1*75 1,901* 2,902 2,260 2,231 2,860 2,978 2,178 2,1*51* 2,1*15 2,676 2,569 1,913 1,920 2,873 2,266 2,61*1 1*,896 3,082 6,361* 18,158 15,117 19,297 9,990 12,813 8,070 lli,958 10,51*3 12,291* 9,803 1U,W.5 6,665 22,236 26,003 3,502 2,567 2,553 2,216 2,639 2,116 3,0ltJt 2,921* 2,838 2,1*1*7 2,350 1,701 2,511* 2,210 2,030 2,715 2,1.25 1,901* 1,891 2,633 2,258 2,599 191*2. 191*3. 2,950 191*5. 12,239 19,606 25,1*27 2,851 12,617 12,279 11,366 20,935 2,812 12,687 8,522 9,625 18,536 2,991 9,507 20,169 21., 698 191*6. 3,562 5,392 19,155 17,313 25,961 3,1*93 191*1*. ll.,238 22,082 12,029 1*,312 1*,612 l*,066 3,308 3,069 l*,9l*6 3,163 1*,932 3,1*70 5,071* 3,995 1*,702 l.,l.61. 6,955 5,782 5,393 5,1*21 2l*,367 I9U8. 1*,711 U,61i8 7,131* 1*,318 191*9. 11,659 l*,l*5l* 5,291 5,186 5,382 6,909 5,353 5,767 6,121 8,569 3,879 5,075 6,81*0 191*7. 5,0U9 1950. 1951. 1952. Source: Dally Treasury Statonont. 1,1*31* ,682 1,702 2,689 I*, 179 16,606 15,277 1,1*73 1,761. ,81*1 2,193 1,799 2,188 3,389 7,721* 590 1,107 1,597 339 1,200 2,137 11*5 3,11*0 191*1. 755 909 1,812 831* 2,1*72 3,31*3 191*0. 862 Hov. 862 1*17 1,539 2,975 1,751* Sept, ,582 1,726 2,950 2,933 2,282 2,025 1937. 1938. 1939. Aug. 3,288 8,595 21,921* 17,672 18,631 1,11*6 16,131* 11,01*0 10,171 3,1*00 l*,832 U,l*l8 5,517 7,357 3,337 I*, 500 5,620 5,185 5,095 3,952 5,583 5,699 5,505 6,916 6,969 7,925 6,952 7,156 1*,107 i*,8oa 1,1*06 2,6o3 2,1*1*7 2,165 1,817 2,319 3,935 555 1,026 2,561* 2,209 1,906 2,973 3,083 2,1.76 1,928 3,560 3,097 208 1*,385 I*, 1*,737 I*, l*,679 l*,ll*5 1*,139 1*,232 l*,87l* lt,62lt U,295 6,175 7,636 6,061* 1*22 J , . .. .. ) . Februarif 195 25 .DEBT OUrSTANDUG. Table 1.- Sunmary of Federal Securities (In nLiUloriB of dollars) Total outstanding End of fiscal year or month Interest-bearing debt GuaranPublic debt teed Public debt seciarl- tles 1/ 19''9. 259,115 269,898 258,376 252,366 252,798 1950. 1951. 1952. 257,377 255,251 259,151 257,357 255,222 259,105 20 29 1953 (Eat.). 195U (Est.). 263,968 68 2.73,81*3 263,900 273,800 1*3 551 19'»6. 19^7. 19't8. 258,682 1*33 269,1*22 1*76 258,286 252,292 252,770 90 73 27 1*6 Matured debt and debt bearing no interest Guaran* Public debt teed securities 1/ International Bank 2/ 256,766 268,578 255,197 250,132 250,785 256,357 268,111 255,113 250,063 250,762 1*09 255,226 252,879 256,907 269 376 231 280 Other ay 83 2,350 1,321 3,179 69 2,231* 21* 2,012 255,209 252,852 256,863 17 27 2,150 2,372 2,11*8 265 2,370 512 1,270 1,283 111* 2,21*1* 2,21*2 1*19 1,271* n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. 278,1*51 277,912 539 1,313 1,301 238 257,111 257,070 1*0 2,350 2,31*8 1*92 1,296 560 257,1*82 36 35 39 2,295 2,228 2,291 2,291* 1*1*1* 2,226 2,290 1*16 U81 1,291 1,253 1,253 559 557 556 256,102 257,739 256,863 553 551 550 1*67 2,326 1,311 3,173 2,229 2,009 Guaran- Monetary Fund 2/ 21*5 1*16 1,721* 66 1,161 1,063 1*1 teed securities 1/ (matured) ,057 21* 935 802 722 660 10 6 613 2 2 575 550 5 3 1 n.a, n.a. Debt peak: Feb. \Sk6. 279,761* 279,211* 1951-December. 259,1>61 259,1*19 1952 -January 259,813 260,399 259,775 260,362 38 37 258,121* 258,081* Ul 257,518 258,171 255,833 April. Maj... June. 258,337 259,951 259,151 258,292 259,905 259,105 1.1* 256,11*1* 1*5 1*6 257,782 256,907 July. August .... September. 263,107 263,225 262,722 263,073 263,186 262,682 31* 260,91*0 39 1*0 261,098 260,615 October., November.. December. 261*, 961* 261*,919 1*5 267,1*83 267,1*32 51 267,1*1*5 267,391 51* . February March . . 258,136 255,791* 2,192 2,168 2,191 2,167 385 362 1,253 1,253 1*1* 2,21*1* 2,21*2 1*19 1,271* 33 2,166 2,127 2,106 2,165 2,125 2,105 331 319 300 1,288 1,263 1,263 2,100 2,089 2,100 2,099 2,087 2,098 297 286 1,263 1,263 1,258 1*3 1*1* 260,908 261,060 260,577 38 39 262,861* 265,391* 262,820 1*3 265,31*5 1*9 265,31*6 265,293 53 Source: Actual figures from Daily "Treasury Statement; based on Budget document, released January 9, 1953 195I* 1,063 301* 51.6 51*4 51*2 539 539 536 Footnotes at end of Table 2. Table 2.- Net Change In Federal Securities (increaae, or decrease (-), In millions of dollars) Fiscal year or month Public debt Guaranteed securi- Public debt ties 1/ 1*16 1,721* -11* -91*6 -91*1* 1.9 -1*5 -221 -220 -35 -350 -25 -7 10 17 138 139 222 -128 20 -1*1 222 -128 21*7 n.a. n.a, n,a. n.a. n.a. n.a. n.a. n.a. 651* -5 -1 -55 -68 -55 -68 -2,338 -2,31*2 1* 61* 61* -U8 -28 65 312 308 1,637 -876 1* -99 -99 -96 1 -21* -21* -22 75 76 56 -77 -39 -21 -78 -39 -20 -88 11* -12 -25 191*9. 1950. 1951. 1952. 1,579 -2,126 3,900 1*,587 -2,135 3,383 -8 10 16 1953 (Eat.),., 1*,817 l*,795 22 (Est,).,. 9,875 9,900 -25 n.a. n.a. 1952 -January.. 352 586 -2,275 357 587 -2,278 -I* 1*07 -1 651* 1* 213 1* 1,611* 209 1,613 1 1,638 -800 -800 3.956 118 3,968 -11 113 5 October,, Norember, December. 1/ 2/ 653 56,813 11,751* -12,997 -5,050 698 1*, 1*1*1 U, 1*1*8 -2,31*7 -2,358 1*,028 1*,011 -875 1 866 108 U78 , Monetary Fund 2/ -11*5 1*32 July August. ... September. national Bank 2/ 1,862 -387 -16 -U6 April. May... June. ties Guaran- -1,011* 1*3 -11,136 February March , . , Inter- 782 -1,029 1,858 10,783 -11,523 -6,010 10,71*0 191*7. 191*8. 195"* Public debt teed securi- -1,107 58 -383 55,707 11,812 -13,381 -5,065 57,679 -5,99'* Guaran- 1/ -1,190 56,1*89 191*5. 191*6. Matured debt and debt bearing no Interest Interest-bearing debt Total outstanding 157 1*12 i*,oi*5 -12 152 -i*a 5 1 -503 -501* 2,21*3 2,21*9 2,21*4 5 U 2,519 2,238 2,513 2,530 2,525 6 -12 -38 -1*1 -1*9 -52 3 U -1*83 Eiclaies guaranteed aecurltleo held by the Treasury, The Interest-bearing debt shown here consists of F,E.A, debentures and CC.C, d emand obligations; details by issues appeared in the "Treasury Bulletin" for August 1951 and in prerious Issues; currently the amounts outstanding are shown each month in the "Treasury Surrey of Ownership", Tables 3 and 1*. Special notes of the United States Issued to the International Bank and the International Monetary Fund in payment of part of the United States sub- -6 -12 11 Other 2/ 798 -1,122 -93 n.a. n.a. teed securities 1/ ( matured -83 -11* -563 -98 -133 -80 -62 -2 -1 207 -1*7 -1 13 -9 -38 -26 -1 n.a. n.a. -3 » n.a. n.a. -5 -38 -19 -1* -11 IS scriptions to these institutions, pursuant to prorisione of the Bretton Woods Agreements Act, The notes bear no Interest, are nonnegotiable, and are payable on desnand. Includes savii^s stomps, excess profits tax refund bonds, and currency Iteoifl. For current-month details, see "Statutory Debt Limitation", Table 2. Lees than $500,000, Not available. Treasury Bulletin 26 JDEBT OUrSTAHDUG, Table 3.- Interest-Bearing Public Debt February 195J 27 .UEHT OUTSTAKDHG. Table 5.- Special lesues to United States Govermmt (In KlIHonR of dollara) Bod of fiscal jear cr Boath In^estaent Accounts Treasury Bulletin 2g .DEHT OUTSTAHDING. Table 7.- Treasury Holdings of Securities Issued by GoveriMient Corporations and Other Agencies (In millions of dollars) -^ February 195) 29 JEBT OUrSTAKDHCTable 8.- Public Debt and Guaranteed Securities Outstanding by Months (End of month. In mllliona of dolloTB) Apr. July Vet} Public debt 1932 1933 1931* 1935 1936 Aug. Sept. Treasury Bulletin 30 STATUTORY DEBT LIMITATION and the face amount of under authority of that act, obligations guaranteed as to principal and Interest by aggregate y275 billion outstanding at any Obligations Issued on a discount basis, and redemption prior to maturity at the option of are Included In the statutory debt limitation the United States (except guaranteed obligations held by redemption values. The Second Liberty Bond Act, as amended, ( Jl U.3.C. 757 b), provides that the face amount of obligations Issued one time. subject to the owner, at current shall not exceed In the the Secretary of the Treasury), Tbble 1.- Status under Limitation, Deceaber 31. 1052 (In mllllaos of doLLore) MBTlimim amoimt of aecurltlos vhloh of June 26, 191(6 be outatandlng at aaj cua time, imdar liBitatloa Ij^oeed 10117 ^ (31 U.S.O. 757 b) the aot 275,000 , Amount of aecurltlee outetending subject to auch statutory debt limltatlant U. S. OcTemmetnt seciirltlea leeued under the Second Liberty Bond Act, as eoended.... (Guaranteed aecurltlee ( excluding those held by the Treasury) 5** Total saount of securities outstanding subject to statutory debt limitation BaXanoe Issuable under limitation Source: 266,821 •• ••.• ,.....•...,...«.. •.. 266,767 • • 8,179 Bureau of the Public Debt. Table 2.- Application of Limitation to Public Debt and Guaranteed Securities Outstanding Decenber 31, 1052 (In mllllGcis of dollars) Subject to statutory debt limitation Class of security Rot subject to statutoi7 debt limitation Total outstanding Public debt! Interest-bearing securities: Marketable Treasury bills Certlf loates of Indebtedness .......... Treasury notes ......•.••..• Treasury boodn - bank eligible. ....... Treasury bondfl - bank restricted l/, . Postal Barings and Fanazna Canal bonds. 21,713 16,712 30,266 Total marketable. 58,7'iO 21,016 agefficles U"* 131* 13"» 1118,581 57,91*0 57,9'»0 5,770 Total ncamiarke table and trust funds. 5,770 1103 1103 13 ,'•50 13,'»50 77,562 77,56e 39,150 Total interest-bearing securities 39,150 265,159 Matured securities en vhlch Interest has ceased Debt bearing no interest: I<ed States sarings stamps •..».....•.•.•. Szoeas profits tai refxmd bonds , Special notes of the IMited States: Intematlcnal Monetary Fund Series lAilted States notes (less gold resarra). •.......• Deposits for retlronent of national bank and Federal Reserve Bank notes. Other debt bearing no Intereet. 13"t i<* 1.9 "»9 2 2 191 290 6- Total public debt 265,293 300 1,258 1,258 191 290 6_ 1,308 KQS 1,79'> 266,767 6ek 267,391 Total debt bearing no intecrest. Guaranteed securities; 58,7110 21,016 lli8,Wi7 Hoimarketable n. S. saTlngs bcmda (curroit redemption raliie). Treasury savings notes Depos Itary bonda Treaauiy bonda, inrestziesit series... Special iBsues to Goremmant 21,713 16,712 30,266 2/ Interest-bearing • 53 1 Hat\n*ed 53 1 Total guarantee! sacurltlee Total public debt and guaranteed securities. Source: Bureau of the Public Debt. 1/ Issues i^ioh cd^isaxial banks maj not acquire prior to specified dates 6ek 266,321 (vlth BlBor cXiMFtloai). 2/ Kxclsdw gB M— et Sm 267,"t*5 "Dakt Omtataailx* , Takla 3, footaote 1. tka Truawy. uovntiea k«U ky February 195} 31 .DEBT OPERATIONS. Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities Issued by the United States Government and Outstanding December 31, 1952 1/ (In ollllcms of dollars) Ajnounb of mflturlties Cnl laljle Issues Deecrlptlon of security 2/ 6,9* Bills BiUs 5,1*02 l-7/85t Certificate - 2/15/53-A Ellis Bills (Tax Anticipation Series).. Bills (Tai Anticipation Series)., 6/1/53-B 1-7/8* Certificate Bond M/15/51-55 2J Bond k/ 6/15/52-5!* 2$ 6/15/52-55 2-lA* Bond k/ Bond 12/15/52-511 2% Bond 6/15/53-55 2% y y 2% Certificate - 8/I5/53-C 2J Bond 2/ - 9/15/51-53 - 12/1/53 -A 2-l/8jt Note Total I-3/8J Koto 3/i.5/^-A Bond 2% 2-lA)t Bond 6/15/52-511 6/l5/5l»-56 Bond 12/15/52-51' 1-1/2* Bote 2-7/8* Bond 3/15/55-A 3/15/55-60 2-lA* Bond 6/15/52-55 6/15/53-55 2% Filed maturity Issues Total 2% Bond 2* Bond I-3A* Bote 12/15/51-55 12/15/55-B 8,868 classified by year of: First call Final maturity Date bank restricted Issues becciDe bank eligible i/ J^mount of maturities Yeai- and month Description of security 2/ Filed maturity issues Callable issxiee classified by year of: First call Final maturity Date bank restricted issues become bank eligible 1/ Treasury Bulletin .DEBT OPERATIONS. Table 1.- Maturity Schedule of Intereat-Bearlng Public Marketable Securities Issued by the United States Government and Outstanding December 31, 1952 i^ - fCkintlnued) (In millions of dollare) J •33 February 195 DEBT OPERATIONS. Table 2.- Offerlngrs of Treasury Bills (Dollar aaounta In mllllona) Description of qav issue Maturll? date Begxilar 3arles SuBber of days to Aaoimt of tuts aaturiV tairfl«r«d Oct. 2.. Oct. 9.. Oct. l6.. Oct. 23.. Oct. 30.. 195a-Deo. k. Dec. 11. Deo. 18. Deo. 26. 91 91 91 92 2,07lt.5 2,277.5 2,275.1 2,109.0 1953-Jan. 2. Jan. 8. Jan. 15. Jan. 22. Jan. 29. 91 91 91 91 Not. 6.., Not. 13... Sot. 20.., Hot. 28... Fob. 5. Feb. 13. Feb. 19. Feb. 26. 91 92 91 90 2,116.3 2,222,9 Dec. !(.., Dec. U... Dec. 18.., Deo. 26.. Mar. 5. Mar. 02. Mar. 19. Mar. 26. 93 1,836. It 91 91 90 1,9113.7 Apr, Apr. Apr. Apr. Apr. 30. 90 91 91 91 91 2,098,2 2,057.8 2,036.0 2,127.1 2,383.8 16: 3,279.1 3,923.8 Jan, Total Blount On oco^etItire basis On nonooo^titlTe basis l/ In ezohange issue date of new offering Total unnatured ieeuas outstanding after new Issues ; 1952 -Sept. It.. Sept. 11.. Sept. 18.. Sept.25.. 1953-Jan. Abount maturiJie on AaouQt of bids aocepted 2.., 8 p. Jan. 15 p. Jan. 22 p, Jan. 29 p. 92 1,915.8 2,108.1 2,237.8 2, Uo8.lt 2,327,5 l,90lt.9 1,862,6 1,713.1 1,775.2 1,300.3 1,200.9 1,202.8 1,200. It 1,137.0 959.1 1,200.0 l,00lt.7 l,l8lt,9 l.ltOO.l l,lt01.2 l,lt01,5 l,501,lt 9lt7.lt 969,it 163.3 2ltl.8 37.6 ^3,6 1,300.1 1,200.8 1,202. It 1,200.1 17,206.0 17,206.1 17,206.5 17,206.9 255.^ 231,0 1*9.7 195,3 215,2 210,0 272,6 215.5 38,9 68,1 87.7 1,200.3 17,206.6 l,lt00.1t 17, 206.lt l,lt00.1t 55.11 1,399.9 75.3 66,0 1, 500.lt 17,207,2 17,208,8 17,209.8 1,301.0 1,500.9 1,300,5 1,300,0 1,083,0 1,261.2 1,069.0 1,109.6 218.0 239.6 231.5 63.2 123.7 75.8 l90.lt lt8.6 1,300.1 1,500.8 1,300.3 1,299.9 17,210.7 17,210,8 17,211.0 17,211.1 1,300,7 1,200.3 1,200.0 1,200.3 1,118. It 966.1 959,3 977.1 182, It ItJt.O 23lt.3 56.0 Wt.O 38,3 1,300.3 1,200.9 1,202.8 17,211.6 17,211,0 17,208,1 17,208,0 1,200.7 991.lt 1, 399.lt l,ll00.2 1,500. It 1,166.3 1,1^3.1 1,160.5 1,237.6 2,501,9 2,002.7 2,300,7 1,776.3 l,ltOO.It 1,191,2 1,129,0 1,285,9 21t0.7 223.2 209,3 233.1 257,1 239.9 262.9 l,200.ll 39,0 1,200.0 i36.lt l,lt00.1 l,ll01.2 1,1*01.5 1,501.1* 227.5 11*5.7 53.1* 17,208,7 17,208.0 17,207.0 17,205.9 17,20lt,9 Tai Anticipation Series: 1952 -Oct, Not, 8. 21. 1953-Mar. l8. June 19. 210 201.2 2,501,9 226.l| 't,50l*.6 Treasury Bulletin DEBT OPERATIONS. Table 3.- Offerings of Marketable Issues of Treasury Bonds, Notes, and Certificates of Indebtedness Farlo* Iisaa Asta fMK laaw late to - Dosorlptlon of B»ourlt7 First call Maturity Amount of aubscriptioDS tendered Cash 1/ Exchange AoDunt ieeued For caab 1/ In exchange for other aecuritiea (In Billions of dollare) 2/1A7 3/1A7 1./1A7 6AA7 7/1A7 8/1A7 9/1A7 9/15A7 io/iA7 U/1A7 12/1A7 1/1A8 2/1A8 3/1A8 U/1A8 6/1A8 7/1A8 9/15 A8 lo/iAS 12A5A8 1/1A9 S/1A9 3/1A9 u/1/1.9 6/1A9 7/1A9 9/l?A9 io/iA9 12/15 A9 1/1/50 7/8* 7/8* 7/8* 7/8* 7/8* 7/8* 1* 1* 1* , 1-1/8* 1-1/8* 1-1/8* 1-1/8* 1-1/8* 1-1/8* 1-1/8* 1-3/e* 1-iA* 1-iA* i-iA* i-iA* i-iA* i-iA* i-iA* i-iA* 1-1/8* 1-1/8* 1-3/8* 1-1/8* Certificate Certificate Certificate Certificate Certificate Certificate Certificate Hote Certificate Certificate Bote Certificate 2/1A8-B 3/1A8-C U/1A8-D 6/1A8-E 7/1A8-F 7/1A8-O 7/1A8-H IO/1A8-B IO/1A8-J IO/1A8-K I/1A9-A I/1A9-A 1 jr Certificate Certificate Certificate Certificate Certificate Note Certificate Certificate Certificate 2/1A9-B 3/1A9-C 1 yr 1 yr 1 yr 2/1/50 i-iA* >ot» yl/50 1-1/Uit note 1-1/2* Bote 1-lA* Hote l-l/lt* Koto 1-lA* Bote 1-lA* Hote 1-lA* Bote 1-3A)' Bote 6/1/50 7/1/50 9/15/50 10/1/50 12/15/50 1-1/2* 1-7/8* 1-7/8* 1-7/8* 1-7/8* 1-7/8* 1-1/2* 1-7/8* Hote Certificate Certificate Certificate Certificate Certificate Hote Certificate 8/15/52 2-3/8* 1-7/8* 1-1/2* 2-3/8* 1-7/8* 2* 2-1/8* 1-1/2* 2* Band Certificate Bote Boi^ Certificate Certificate Bote Note Certificate 2/15/53 a-lAli Oartifioate 2-1/2* Bond 1./1/51 6/15/51 8/1^1 9/15/51 10/1/51 10/15/51 10/1/51 12/15/51 3/1/52 3/1/52 7/1/52 8/15/52 10/1/52 6/1A9-E 7/1A9-? l»/l/50-A IO/1A9-O 12/15A9-H I/1/50-A 2/1/50-B 3/1/50 3/1/; -C 4/1/50-D -D 6/1/50--E 7/1/50-F Certificate Certificate Certificate Certificate Certificate Certificate Certificate Bote Certificate 3/15/50 l*/l/50 l»/lA9-I> 9/15/50^ 1 1 lyr 1 jr 11 10 1 yr 1 yr 1 yr lyr lyr 1 1 yr yr lyr lyr 1 yr 1 yr 1 yr 1 yr H 5yr lyr 3 1 jr 1 yr 1 1 1 yr B lyr B B 1 B 1 yr 1 5 yr U/1/56-KA U/1/52-A 7/1/52-B 8/15/52 -C 9/1/52-D 10/1/52 -E lO/l/56-BO 12/1/52-F 5 yr 3/15/57-59 7 yr 2/l5/5l*-A B ^B 1 yr 1 yr 8/15/53 -c 5/ m 1 yr B 9i 11 11 11 11^ 5 B B B B B yr Ui B 5 yr ii U| B • • 11 1 10/1/51-A 7/1/51-B 3/15/55-A 7/1/51-C 7/1/51-D 8/1/51-E 10/15/51-F li/l/51-O 12/15/55-B lO/W?!-^ II irr lyr lyr 6/15/58 6/1/53-B 8/15/53-0 2/ 12/1/53 -A m 12i 10/1/50 -E 3/15/5H-A 1/1/51-A , • 4,801 yr yr 5 yr 5 yr nj 11 B B 2 in 1 yr 1 yr 5 yr 1 yr 1 yr 5 yr 11,693 35 Fobruary 195) .DEBT OPKRATIONS. Table 4.- Disposition of Matured Marketable Issues of Treasury Bonds, Notes, and Certificates of Indebtedness and Securities Guaranteed by the United States Government Called or jnaturity security l/ Date of refunding or retirement Description 1-lA* Certifier > - Treasury Bulletin 36 .UHTTED STATES SAVINGS BONDS. United 3tatee savings bonds were first offered In March 1935 a"^ began to mature In March 13^^. Series A-D were sold between March 1935 BSiA the end of April ig^l, and Series E, F, and were first offered In May When Series E began to mature on May 1, ig"*-!. and K, also at higher Interest rates. A new current-Income similar In Interest return to Series E, was offered beginning June L. For details of these changes bond, Series H, see "Treasury Bulletin" for May 1952, page A-1. 1951, owners of the matured bonds were offered three options: To redeem the bonds In cash In accordance with the original terms; to In the tables which follow. Series A-F and J sales are shown at Issue price and total redemptions and amounts retain them with an extended maturity of 10 years at outstanding at current redemption values. specified rates of Interest accrual; or to exchange them Matured bonds which have been redeemed are Included In redemptions. Data by denominations and sales by States are published on a monthly basis but not In each Issue of the "Treasury Bulletin". for Series May 1, bonds. A number of changes became effective 1952. The principal ones were: The rate of Interest accrual on Series E was Increased, especially for the near term, with corresponding changes In extended Series E; Series F and and Series are shown at face value throughout. were replaced by two new issues. Series J Table 1.- Sales and Redenptlons by Series, Cmnulatlve through December 31, 1052 (Dollar amounte In nilllonB) Sorlea (J, H , emd K , , .. February 195) 37 .UNITED STATES SAVIHGS BONDS. Table 3.- Sales and Redemptions by Periods, Series E through K (Dollar anounta In millions) Accrued discount Bedenqitlons 3/ Sales plus accrued dlecoaot Sales price Acomed discount Amount outstanding ( Interestbearing debt) Monthlj redemptloDS as percent of amount outa tending Series E and H combined Fiscal years: 12,001 11,820 11,553 6,739 35 118 265 19'.7 191.8 19't9 T.,287 l.,026 536 633 278 753 1950 1951 1952 3,993 3,272 3,296 895 1,035 1,111 19'.1-19''3 19IA igiks xsM I., 1.31. 12,035 11,938 11,818 7,173 71.9 2,100 3,81.6 5,912 11,821. 11,391 659 5,032 I., 887 I., 307 3,825 3,530 3,521 It, It, 1.07 11,295 I., 008 748 2,095 3,825 5,843 4,288 3,689 3,368 3,326 3,987 3,583 1 5 20 69 103 136 162 195 307 425 11,287 21,125 29,097 30,358 30,791 31,625 33,127 34,494 34,506 34,905 2 11 15,957 25,515 30,727 30,263 30,997 32,188 33,766 Calendar years: 19lH-19'.3 17,1.78 19W1 19*5 12,380 9,822 80 182 353 17,558 12,562 10,175 1,601 3,005 11,963 5,li23 1,598 2,993 4,925 5,330 3,813 3,575 3,274 3,667 3,688 3,622 p 38 191.6 l.,l.66 1.93 11,959 i9'»7 191.8 l.,085 11,661. 19119 1>,208 1950 1951 1952 3,668 3,190 3,575 579 696 818 971 1,080 1,120 1.73 ko6 363 43 33I1 290 304 44 40 34,794 34,826 34,849 1,17 366 368 313 303 313 41 37 37 311,839 311,839 311,905 1.02 .98 1.00 33I1 44 40 38 41 33 39 311,950 1.08 35,019 35,055 35,116 35,206 ,91 .96 l.,22l. 11,920 3,930 3,728 5,025 3,ltl.8 11,639 "1,270 11,694 3,912 l.,036 4,098 93 U6 154 17I1 245 348 I175 311,1193 311,727 P 35,324 Montiis; 36I1 1952 -January., February, March,, ,,, 288 109 78 281. 81. April May June 267 250 293 77 91 31.ll 35I1 3111 31.1 3I15 123 1.16 350 107 78 1.22 August,, September 316 309 290 83 October, Norember , December, 310 271 33"* 76 91 123 373 386 362 377 319 337 325 272 338 July , , 387 1.56 279 299 281. 239 299 35,32li ,96 .99 .93 .77 .96 Treasury Bulletin 38 .^_ UNITED STATES SAVIBGS BONDS. Table 3.- Sales and Redemptions by Periods, Series E through K - (Continued) (In millions of dollars] Accrued discount Fsrlod Bedamptlons 2/ Sales plus accrued discount Sales pcrlce ^ Anount outstanding ( interestbearing debt Accrued discount Tlscal jears; and 19*2.. 3,729 8,271 1 33 3,731 19113 igiA 19^^ u.aao U,553 U8 265 6,739 1*31* 11,938 U.,818 7,173 l»,287 536 633 753 895 I9I1I , 191*6 , igiiT 19^8 1*,026 It, 191*9 1950 1951 1952 278 3,993 3,272 3,266 , .035 111 8,301* 60 689 2,100 60 688 2,095 3,te5 5 5,912 5,8li3 20 69 11,821* 11,391 li,288 103 11,659 3,825 3,530 3,521 136 162 195 307 1*,377 U,008 3,689 3,368 3,326 3,987 3,583 7,11*1* 220 1,380 3,005 220 1,378 2,993 1*,963 5,1*23 l*,925 5,032 887 U,307 It, 3,81*6 1*,295 3,671 11,287 21,125 29,097 30,358 30,791 31,625 33,127 1 311,11911 311,506 3lt,875 1*25 Calendar years: 191*1 and 1942.. 12,380 9,822 10 70 182 353 l*,l*66 1*93 lt,959 579 696 818 971 ,080 li,661i .,120 288 109 78 281* 91 April May June 267 250 July August. 7,131* 10,31*1* 191*3 191*1* 191*5 191*6 , 191*7 I*, 085 19U8 I*, 221* 10,l*lli 12,562 10,175 920 5,025 It, 639 It, 270 It, 3,930 3,728 5,330 3,813 3,575 6,923 15,957 25,515 30,727 30,263 30,997 32,188 33,766 2 11 38 93 116 151* 17I* 3,lili8 3,271* 1*,513 3,912 It, 036 It, 098 3,667 3,688 3,622 p 1*73 1*06 331* 363 290 1*3 366 368 1*1* 3U,a26 31*5 30I* 1*0 311,81.9 77 91 123 31*1* 35I1 3111 31*1 386 350 313 303 313 Ul 37 37 311,839 311,839 311,875 107 78 386 360 350 377 319 337 33lt 1*1* 31*, 881* 279 299 ho 3l*,926 Septeober. 280 282 267 October.. November., December.. 286 253 310 76 91 3IA 325 272 123 I133 338 191*9 1*,208 1950 1951 1952 3,668 3,190 3,393 Months; 1952 -January... February.. March . . . . 36I* 263 ... 63 21*5 311,1193 31*8 1*75 P 311,727 35,1113 311,7911 38 3'*,939 sa 1*1 3l*,976 239 299 33 39 35,01*8 35,11*3 Series H kj Fiscal yearl 1952 30 30 30 182 182 181 30 30 66 Calendar year; 1952 Months; 195a -Juno July August. 30 36 ... 27 36 27 September. October, . NoTember. December.. 23 23 21* 21* Footnotes at end of Table 1*. 18 18 21* 21* (Continued on follovlng page) 93 116 139 158 181 J . Febniani 195 39 .UNITED STATES SAVINGS BOKDS. Table 3.- Sales and Redemptions by Periods, Series E through K - (Continued) (In mllliona of dollars) Accrued discount Bedemptlons Sales plus accrued discount Sales price Accrued discount Amount outstanding ( Interestbearing debt) Series F 5/ Fiscal years! igltl and 19li2. 191*3 19Wt igit? 19'>6 502 75a 802 679 1*07 MT 360 301 igitS 19^9 1950 1951 1952 1*73 231 31*7 97 2 9 502 760 811 19 33 1*7 61 73 83 90 96 362 2 3 3 1*99 17 58 89 17 57 1,21*2 88 1 2,60lt l*JtO 11*9 11*7 1*07 197 198 3 6 2,895 3,099 3,255 311* 203 206 216 199 1*37 21*8 193 229 861 750 786 621 365 396 566 311 503 217 7 35 77 106 698 51*5 1,996 9 12 201* 185 lit 227 207 21 21 3,581* 3,699 3,889 3,853 Calendar years! I9IH and 19te. 860 191*3..". 7"*5 It 773 595 325 13 25 ig"*? 31*2 51* 19U8 igkg 1950 1951 1952 1*98 67 78 87 19>*l* IS"*? 191*6 233 1*17 12h 1*6 llO 93 100 85I1 7 35 77 1 1 lOli l!»6 189 203 2S2 202 223 259 190 29 16 15 17 lU 16 15 13 18 15 16 16 11* 18 16 185 196 ll 7 2U 189 206 237 169 p 11 12 17 22 22 1,569 2,278 2,793 2,969 3,162 3,505 3,615 3,895 3,853 3,809 Mont^! 1952 -January.. February. March.... 16 10 9 5 6 April.... 10 6 1 7 13 3,866 3,867 3,867 ll* June..... 11 16 8 11 July August September Ik 11* 6 6 6 II October. November, December. 7 7 12 7 11* 12 p 7 12 16 16 ll* May — 3,865 3,858 3,853 13 3,81t9 3,838 3,829 6 ll* p p 3,822 3,813 3,809 Treasury Bulletin 1^0 .UNITED STATES SAVINGS BONDS. Table 3.- Sales and Redemptions by Periods, Series B through K - (Continued) (In ffllUions of dollars) Acorufid Sales 2/ dlscouat Series Fiscal years; I9I1I and 19112.. Redemptions Salos plui) accrued discount Sales price Accrued discount Anount outstanding ( Interestbearing debt] 5/ 2,759 2,876 2,638 12 55 12 55 131. 131. 19l'5 2,U27 2,759 2,876 2,658 220 220 5,119 7,861 10,299 19't6 2,1.65 2,1.65 3I.8 31.8 12,1.16 19'i7 2,561 1,907 2,390 l,Wt9 2,561 1,907 2,390 1,1*9 1.69 1.69 566 619 621 566 619 621 1,523 1,523 791. 791. ll22 1.22 783 783 508 15,850 17,621 18,W.8 19,177 18,816 3,701 3,701 2,61lO 2,61.0 2,891 2,520 2,637 2,267 2,573 1,39a 1,990 2,891 2,520 2,637 2,267 2,573 1,392 1,990 31 89 181 31 89 181 261. 261. 1.26 618 U26 512 618 613 682 613 682 61.6 61.6 831. 831. 19,006 181 181 739 739 18,UJ.8 61 19't3 19W» 19^8 19l>9 1950 1951 1952 2,1.27 2,1.11. 11., Calendar years I I9IH and 19''2.. 19^3 19Ut 19'>5 19't6 19''7 19l'8 19't9 1950 1951 1952 Months: 1952 -January... February . March April Msy June 512 3,669 6,221 8,931 11,183 13,397 15,152 17,108 17,887 19,191. 61 63 1.2 1.2 56 38 63 63 56 63 19, OC^ 18,989 38 37 37 62 63 62 62 63 62 18,939 18,880 18,816 69 60 61 69 18,71.8 60 61 18,687 18,627 57 56 66 57 56 66 18,511. U -1 1. July August, . . September, October. . November . Deceaober. 18,961. 18,570 18,W.8 Series K 6/ Fiscal year: 86 86 277 277 277 29 57 29 57 29 86 July August..., Septanber. 1.3 1.3 37 30 37 30 128 165 195 October.., 28 28 223 Ncrreniber., 23 31 23 31 21.6 1952 Calenlar year: 1952 Months: 1952 -May June Deconber., Source: Dcilly Treasury Statonent; Office of the Treasurer of the U, S. Footnotes at end of Table 1., 277 J February 1 95 Kl .UNITED STATES SAVINGS BONDS. Table 4.- Redemptlone of Matured and Unmatured Savings Bonds Treasury Bulletin kz .UNITED STATES SAVINGS BONDS. Table 5.- Sales and Redeoiptlone, by Denoial nations. Series B and U and Series F, G, J, and K ( In ttaousanda of pieces : Februani 19iJ "^i .UNITED STATES SAVINGS BONDS. Table 5.- Sales and Redemptions, by Denominations, Series B and H and Series F, G, J, and K (Continued) (In thouBanda of plecea) Series F, G, J, aM E combined 6/ Total, all denoitt- inationo Fiscal years *25 1/ $100 8/ $500 $1,000 $5,000 $10,000 $100,000 2/ Treasury Bulletin 1^1^ .UNTIED STATES SAVINGS BONDS. Table 6. - Sales by States, Series E and H Combined (In ttaouBende of dollara at leena price) Inception throogh Deo. 31, 1952 Alabama. Arizona Arkanaaa California Colorado Connecticut Delaware District of Columbia Florida 1952 Jan. Feb. Apr. May July Aug. Sept. TOSiTlH 232,131 •12,157 2,''31 1,011. l,l>3l> 1,791 1,024 1,243 2,086 924 1,309 1,866 852 1,172 2,664 984 1,377 1,662 551 1,658 2,901 1,230 1,568 2,848 1,020 2,071. li,966,lt20 528,368 1,122,107 19,638 2,350 5,008 15,867 2,009 4,869 15,001 1,768 4,006 14,665 1,800 4,724 14,886 1,801 3,927 14,902 1,811 4,057 10,234 1,897 3,971 17,139 1,607 4,567 152,805 806,025 790,295 815 3,285 3,036 553 3,1.23 3,1.36 516 2,938 2,776 618 2,827 2,959 4l6 2,931 2,771 605 3,158 3,451 473 3,384 1,658 7a,553 2,199 2,698 929 1,685 2,303 762 1,509 I6,8l4 2,620 3,705 17,213 2,413 '•,333 14,346 1,856 3,900 625 2,480 4,091 586 3,263 3,309 580 3,342 4,358 447 1,900 3,526 612 1,508 2,727 3,11.2 193,500 55l> 5,19^*,92'i 29,71.1 Wt3 22,723 2,669 332 22,132 2,789 382 22,095 2,527 318 19,984 3,069 453 24,767 1,862 314 28,733 4,557 361 24,478 2,868 565 24,627 3,816 478 25,136 3,260 469 23,333 Indiana. ............ Iowa Kansas .............. 1,782,U69 1,726,329 10,001. 8,083 6,253 6,968 7,258 5,611 3,754 6,891 4,566 3,070 8,749 6,806 3,903 9,094 6,865 4,236 7,888 6,431 4,736 8,590 6,621 4,244 8,813 lt,785 8,389 6,063 5,715 6,371 1,017,211.0 4,4a 8,204 6,464 2,307 Kentucky Louisiana. .......... Maine 711,3l»5 701,10li 3,752 2,829 2,361 2,657 2,406 2,559 2,144 897 2,218 2,065 3,249 2,281 3,278 2,338 3,390 2,215 817 1,060 2,960 2,693 880 879 783 3,022 2,348 908 2,579 2,261 856 3,288 3,437 8,011 18,903 3,567 7,033 15,252 3,594 7,547 18,176 3,451 7,946 14,996 Georgia Idaho Illinois 10,882 277,000 3,11.2 l,ltfO Maryland. ........... Massachusetts ....... Michigan 829,702 2,101,121 12,351. 3,5l6,li86 18,193 Minnesota. Mississippi Missouri l,'^01,99^ 1*26,7113 5,858 1,793 1,756,877 9,1.91. Montana.. Nebraska, Nerada 3,901 923 3,585 8^728 17,368 3,121 7,716 18,137 3,239 7,642 18,625 3,022 7,893 14,710 16,680 3,107 7,573 17,175 11,727 1,581 7,686 4,135 1,434 7,132 4,211 1,464 7,661 3,639 957 6,703 4,711 1,503 9,252 5,830 1,885 8,876 5,090 1,627 8,232 4,569 1,466 8,663 5,641 1,434 8,799 4,662 1,464 6,646 8,U4 331,179 1,320 880,lt33 l.,73l. 1,128 4,067 1,099 5,979 75,720 361. 311. 182 987 4,958 221 904 3,384 245 1,307 3,980 282 1,725 3,821 239 1,262 4,169 197 1,346 5,134 380 1,750 4,602 355 1,326 3,196 252 New Hampshire ....... Hsv Jersey Nev Mexico 173,9^9 2,U68,301 153,655 855 658 H,715 IJ.,037 680 586 10,374 599 556 10,365 772 584 10,727 570 553 678 11,892 542 786 10,943 570 768 11,960 724 654 12,426 651 735 12,927 554 694 10,382 501 Nov Tork Rol-th Carolina North Dakota 8,062,361 823,836 1.7,206 l.,207 3'»8,lli3 1,653 29,310 2,808 1,561 30,660 2,665 1,001 28,447 2,434 969 28,449 2,078 917 31,291 2,848 1,115 35,724 2,751 1,449 35,198 1,966 1,212 31,021 2,794 1,226 39,612 2,894 1,268 30,619 2,696 1,254 Ohio Oklahoma. ........... Oregon 't,Ol>6,739 23,771 20,288 li,177 3,221. 2,501 1,625 17,977 2,999 1,453 18,192 8o6,22lt 7't5,933 2,570 1,550 17,081 2,474 1,431 20,586 3,084 1,719 13,626 3,612 1,655 21,002 2,945 1,669 20,999 4,605 2,572 22,377 4,210 2,119 18,487 2,366 1,668 Pennsylvania Bhode Island South Carolina 5,207,771 35,556 1,798 26,366 25,493 1,105 1,389 25,367 998 1,548 26,316 1,183 1,688 1,075 1,667 24,706 1,138 1,293 25,337 1,055 2,010 26,708 1,016 1,726 23,029 1,164 1,430 27,218 1,71.8 1,373 22,999 1,172 1,968 1,837 2,976 10,998 1,644 2,908 9,197 1,445 2,086 1,401 2,565 1,521 1,882 7,603 7,862 7,'*52 1,669 2,546 8,759 1,903 1,837 7,744 1,665 2,727 9,063 1,452 2,689 6,252 l,6a4 2,994 10,015 1,671 2,532 9,551 1,047 351 4,709 939 284 4,132 1,062 943 263 3,829 1,060 256 4,870 783 373 4,738 902 335 3,905 1,625 270 5,076 868 299 4,793 1,114 297 3,999 4,034 3,415 5,613 3,437 3,107 5,077 453 3,642 2,749 5,254 3,445 2,536 4,632 510 3,754 2,864 7,477 562 3,421 2,639 7,629 545 2,345 2,392 6,565 446 5,886 2,831 7,260 645 4,522 2,703 6,992 618 3,530 2,634 6,081 269 183 920 136 1,099 90 125 1,079 U.5 146 954 117 150 656 86 155 1,816 230 5 5 7 3 156 571 113 7 145 1,547 158 4 31*9,285 lio8,570 South Dakota, ....... Tennessee Texas 2,li87,3l»6 Utah Vermont ,,,. Virginia 270,71* 99,095 1,113,277 1,003 Washington West Virginia Wisconsin 1,223,801 616,066 U,8u Wycanlng ,.... Canal Zone. ...••.... Hawaii Puerto Rico Virgin Islands Other possessions... 381,81.5 756,339 1*59 5,5:2 6,206 7,389 664 l,l>95,ltl7 138,107 i,iiaa 583 142 288 4,103 498 199 989 125 1,098 109 3 5 87 1,107 107 4 +1,059,675 +16,821 +15,310 +27,881 +13,943 +15,060 +18,791 +48,257 +31,164 +12,372 +12,765 +18,443 67,093,053 363,622 287,505 284,404 266,733 249,750 293,337 315,528 309,073 290,498 309,658 271,007 113,909 312,906 Ii3,lt61t 2,08lt 3li,U68 137 6 2/ Adjustaaant to Dally Treasury Statement Total Source! Dally Treasury Statement and reports frcK Federal Beserre Banks. 1/ Sales of Series H began June 1, 1952. 2/ Cumulative through March 31, 1947; no repocrta since that date. Fcbruurii 1957 ^5 .UNITED STATES SAVINGS BONDS. Table 7. - Sales by States, Series F, G, J, and K Combined -J^ {In thousands of dollara at lasue price) Inception 1952 through Dec. 31, 1952 Alabama Arizona Arkansas Z12,lh6 65,620 633 170 505 220 525 61*6 1*51 1,715, '*92 3,188 575 2,066 36I* 951* 95,801 2^7,929 312,532 276 687 1,130 255,123 65,808 2,320,129 900 121 1*99 7,51*9 98 5,730 700,259 3,203 1,912 12'', California Colorado Connecticut 235,005 527,699 Delaware District of Columbia Florida Georgia Idaho Illmoia Indiana leva Kansae •... Kentucky Louisiana Maine , Minnesota MisslSBlppi Missouri 288 121 July Aug. 1*61* 1*85 51*0 1*37 1,113 176 327 186 21*7 206 379 168 308 299 220 1,691 361 1,565 2,221* m 2,326 332 2,585 369 2,095 299 2,656 30I* 533 393 1*11* 1*50 1*70 523 1*21* 281* 151 310 682 101* lOl* 77 80 90 31*1* 601 778 1*16 1*35 1*82 72 392 1*51* 1*75 527 1*27 1*11* 876 257 5,675 916 269 1,018 299 21*2 5,931* 6,591* 5,31*6 ,025 ,681 781 2,118 1,758 817 2,353 1,953 907 1,908 1,583 736 1,1*35 182 237 61*6 532 80 5,386 11*5 l*,12l*r 1,721 2,951 1,211 l,636r l,591r 31*2 825 4,018 485 397 2,927 1,011* 1,249 1,708 1,095 1,116 1,877 622 665 805 a2 936 1*1*0 51*1 211 565 220 628 121* 21*5 759 509 199 543 326 66 387 380 390 378 382 67 1*01,11*3 511* 305 388 802 51*1 625 1,691 1,769 827,300 1,570 3,205 395 796 651* 1,350,11*1* 2,531* 1,651 726 1,965 2, 605 589 1,593 2,112 263 1,157 2,202 262 635 2,109 4l6 608 1,396 589,310 1,71*1 1,000 399 1,792 91*1 237 1,896 1,177 256 1,613 950 l4o 784 512 833 323 236 139,61*1* 703 778,037 3,001* 368 1,632 2,21*2 2,31*5 1,595 21*7 1,667 259 1,1*09 1,1*75 1,853 287 1,637 1,502 233 1,327 505 1,101 112 528 1,151 117 588 1,278 130 1*76 la 1,037 105 1,150 39 11*1 127 1,085 4 1,205 58 157 1,338 65 7,31*2 221* 57 Ml Nev Hampshire New Jersey New Mexico 105,932 856,978 53,859 1*5 35 21* 2,31*1 1,1*1*1 1,050 1,253 188 226 1*7 33 135 1,152 55 8,180 618 l*,00l* 3,71*7 2,901* 7,022 8,158 6,6lU 671* 577 167 536 596 1*83 665 233 180 513 61.1* 1*11 1*29 1*77 387 5,1*09 1,1*51 2,623 3,101* 3,21*6 531* 1*63 1*81* 3,606 539 2,921* 61*5 2,513 571 2,298 221*, 308 225,006 525 375 311* 293 398 1*16 1*62 375 2,158,U79 198,032 6,532 327 3,91*3 3,921 78 3,1*82 208 3,788 230 11*3,312 21*3 11*3 211* 3,260 199 558 3,1*09 1*1*2 58I* 61*9 South Dakota Tennessee Texaa 121,626 279,630 750,916 561 500 1*51 559 56I* 590 656 882 1,732 Utah Vermont Virginia 28,1*1*2 New York North Carolina North Dakota l»,5U2,Ol*6 Ohio 1,51*2,091* 297,701 119,973 189 126 1,101* 51*0 1*1*9 531* 759 791* 3,771* 2,008 1,1*1*1* 1,358 1,1*91 1,559 207 191 906 126 90 85 120 23 79 523 1*13 M*8 175 86 558 183 90 583 201* 31*5,213 391,1*55 1,078 799 31*0 632 618 61*6 155,192 755,819 852 27I* 1*92 21*5 2,116 1*42 39 203 257 2,199 110 719 285 2,300 186 277 1,830 6 22 151 71* 10 85 60,355 59,575 Wyoiolng 1*7,980 Canal Zone Hawaii P\ierto Rico. Other poaBeasione,, 7,573 72,103 27 1,313 951 315 1,909 1,507 21 l,03ltr 2,103 106 101 61*8 2,1*1*3 123 60 28 510 52 151 982 339 1,036 380 3,652 404 394 4,524 2,8o4 321 622 323 510 3,269 571 714 2,4o8 668 239 2,935 3,071 187 526 2,4o4 3,321 59 49 2,440 532 281 215 1,1*01* 373 536 2,363 315 445 824 165 81 526 220 124 627 393 23 320 582 554 116 1,143 204 537 305 1,516 33 442 309 1,244 39 3 58 120 226 52 1*36 715 231 1,981 99 22 255 36 5 ll*,258 1,048 125 103 269 70 152 291 57 53 24 48 4 7,273 Zj 1,767,101 +35,932 -2,238 *935 +1,1*71 +6,932 -9,097 +17,1*21* -7,732 -1,253 -3,676 -2,329 -613 28,755,213 77,568 51,699 1*6,71*1* 1*6,591* 1*2,233 71,064 51,838 47,347 39,262 38,070 31,879 Source: Daily Treasury statement and reports from Federal Reserve Banks. 1/ Sales of Series F and G were discontinued after April 30, 1952, and sales of Series J and K began on May 1, 1952. 2/ Cunulative through July 1951; no reports since that date. State figures exclude purchases of Series F and G bonds by co^meI^:lal ^ 874 32 U19 221 31*7 Total. 359 68 4,176 1,981* 2,011 Adjustment to Dally Treasury Statement. 116 260 780 621 813 626 112 289 Co mmercial banks i/.. 484 1*5 1,328 1,098 200 1,1*85 ,. 259 1,175 358,967 71*5 1*02 Washington West Virginia Wisconsin 1,407 209 339 1,907 2,100 131 PennsylTanla Hhode Island South Carolina ,389 196 362 281* 2,1*83 379,1*52 , 552 15 151 1,858 102,305 Oregon 915 49 246 1*,033 Montana Nebraska Nevada Oklahcana, Sept. 803,l>59 159,208 , 521* Hay 360,379 259,1*11* Maryland Massachusetts Michigan Apr. banks, which were permitted within certain limitations concurrently with the last five war loans and in 1948 and 1950. For details of these offerings, see annual reports of the Secretary of the Treasury for I9I1I*, 1945, 1946, 1948, and 1951. Pavlsed. Treasury Bulletin 46 . five serlee: June 22, 19'*3; September 12, TREASURY SAVINGS NOTES Tax Series A from August 1, 19'H, through Tax Series B from August 1, igU-l, through 19'+2; Savings Series C (originally designated Tax Series C) from September ll^, 19M2, through August Jl igW; Savli^s Serlee D from September 1,19'*«, through May Ik, I95I; , and Savings Series A beginning on May I5, and redemption and Investment yields of Savings Series A appear ment yields, and tax payment or redemption values of Series A and B, see "Annual Report of the Secretary of the pages 207 and 220, and for solee and redemptions by fiscal years and months, see 'Treasury Bulletin" for February 1946, pages 42 and 43. Treasury" for 19'+2, 1951- Details concerning terms and conditions for purchase In the June I95I Issue of the "Treasury Bulletin", page A-1. . Similar Information with respect to Savings Series D In the following tables sales and redemptions of Treasury savings notes are shown at par value. Matured notes redeemed (either for oash or for tax payment ) are Included In the figures on redemptions. Matured notes outstanding are reflected In the Interest-bearing debt will be found In the October 194« and September I9U9 Issues, until all notes of the series have matured, and with respect to Savings Series C In the October 19^5 transferred to matured debt upon which Interest has ceased. Table 1.- Sales and Redenptions by Series, Cumulative through December 31, 1052 (in millions of dollara) \ihen they are J ) Fobritary 195 ^7 -OWHERSHIP OF FEUEBAL SECURITIIS. Table 1.- Dlatrlbutlon of Federal Securities by Classes of Investors and Types of Issues (in win 1 oca of donors . . . 1 9 5 3. . 9 8 7 3 g 9 6 U hs Treasury Bulletin .OWKEPSHIP OF FEDERAL SECUPITIES. Table 3.- Estimated Ownership of Federal Securities (Par valuoB 1/ - In bllllcmB of dollars) End of month Total Federal eeourlties outatandine 2/ Held by banks Held by private nonbank Investors U. S. Conniier- Total olal banks Federal Eeeerre Banlca a/ Individuals 5/ GoTenmont InTestsnant accounts kj Total Savings bonds other Insurance companies Mutual savings banks Corporations 6/ State and local governments 2/ WSS-Deo ember. 1*7.6 18.1* 15.9 2.5 6.5 22.7 1.9 8.2 6.3 3.1 igUO-June ll8.5 50.9 18.6 19.5 16.1 17.3 2.5 2.2 7.1 7.6 22.8 23.9 10.1 10.6 2.6 2.8 7.5 7.8 6.5 6.9 3.1 3.2 19'H-June December. 55.3 6U.3 21.8 23.7 19.7 8.5 9.5 25.0 31.0 11.2 13.6 3.6 7.6 5.1* 8.2 7.1 8.2 3. It 21.1* 2.2 2.3 3.7 19lt2-Juno Deceniber. 77.0 112.5 28.7 26.0 37.7 53.0 17.8 23.7 3.9 .9 13.1* 8.7 10.3 9.2 1*1.1 10.6 12.2 9.1 1*7.3 2.6 6.2 U.3 lt.5 1.0 19lt3-June 11.7 12,9 13.1 15.1 5.3 1.5 21*. 6.1 2.1 .1* 2.1 2.0 .1* .5 .6 1*.0 .7 lliO.S 59."* 11* .3 170.1 71.5 52.2 59.9 7.2 December. U.5 16.9 67.0 81.7 30.9 37.6 1944 -June Decembar. 202.6 23s. 83.3 68.1* lit 53.3 31.2 36.2 15.1 17.1 17.3 19.6 7.3 8.3 3.2 18.8 100.2 llU.O 20.0 77.7 19.1 21.7 1*6.3 96.5 21.1* 1*.3 igUj-June December. 259.1 278.7 106.0 115.0 81t.2 21.8 21* 27.0 59.5 6U.3 1*0.7 1*2.9 22.7 21*. 128.2 136.6 18.9 90.8 21.1* 21*. 9.6 10.7 22.9 22.0 6.5 19li6-Februai7 (Peak) 279.8 269.9 259.5 U6.7 93.8 28.0 29.1 U.l 1*3.5 20.8 20.0 20.1 21*. 1* 63 .U 21*. 7lt.5 135.1 132.6 130.7 1*3.3 81t.lt 22.9 23.8 23.3 6l*.l 108.2 97.9 11.5 11.8 19.9 17.7 15.3 258 .U 257.0 91.9 91.3 70.0 68.7 21.9 22.6 32.8 19U8-June December. 252.lt 85.9 61* 1949-June December. 252.8 257.2 1950- June December. 257.'* June DecesDber... 19'*7-June Deconber. 252.9 256.7 .9 .9 6U.2 ltlt.2 66.1* 20.9 21*. 31* .1* 65.7 1*5.5 lt6.2 19. It 35.8 37.3 130.7 129.7 65.8 65.3 1*7.1 lt7.8 8.7 8.8 17.9 17.1 16.8 10.5 10.2 10.1 lit. l6.lt 9.8 21.3 21.1 21.2 21.6 9.1 lit. .6 l6.lt 15.2 16.3 16.2 9.8 9.8 9.8 21.9 22.6 21.2 9.9 10.0 10.1 16.2 15.9 15.7 9.8 9.8 9.6 20.7 21.6 20.0 10.2 10.2 15.9 16.0 16.1 9.8 9.7 9.7 20.8 21.3r 20. ar 10.7 10.8 10.9 16.0 16.1 9.6 9.5 21.0 21.1 10.9 10.9 20.8 39.2 131*. 39.8 131*. 65.2 1*9.3 Itl.O lt2.0 132.9 132.2 131.8 61* .It 1*9.1 1*9.0 1*9.1 13.9 15.3 1*2.7 1*2.9 132.3 133.8 132.5 63.7 259.8 8I*.8 26o.lt 83.8 82.6 62.1 61.2 60.1 22.7 22.5 22.5 60.5 61.0 22.1* 1*3.2 1*3.7 61.1 22.3 22.9 62.7 61.8 61.5 22.9 23.1 23.7 ltl*.6 63.0 23.6 23.8 ^ 19.0 20.8 17.0 1952 -January.. February. March. . . U/ U.6 1*9.9 1*9.6 59.5 61.6 ^ 19.8 18.7 66.8 65.a 85.1* 2/ 8.0 135.6 83.2 ^ 15.7 17.0 37.8 259.5 86.5 87.9 U.6 18.3 22.9 23.0 23.7 23.8 265.0 267.5 20.5 20.1 lt9.3 58.lt October. ... 17.9 16.8 U8.8 57.8 Kovember p. 7.8 7.9 66.1 81.1* 263.1 263.2 262.7 13.6 1U.8 66.-; 80.7 July August .... September 12.0 11.5 132.2 132.1 65.6 61.8 3 22.8 21.2 39.1* 83,9 82.6 82.8 18.6 17.6 38.3 257.it 258.3 260.0 259.2 7.3 19.3 18.9 255.0 255.3 April. May... June.. 7.1 ll*.l 23.3 63.0 61t.l 1*2.3 63.8 63.6 15.fi 1*9.1 1*9.1 11* 61*. 61*. 1*9.1 15.1* 132.3 132.9 130.8 61t.l 1*9.1 1*9.0 lt9.1 15.1 132.9 133.3 132.5 63. 9r 63 .Sr lt9.1 11*. lt9.1 I19.I ll*.7r 63.8 1*5.1 133.3 11* .7 131* .0 63.8 63.9 lt9.1 1*5.5 1*9.2 11* .7 1*3.0 1*1*.3 1*5.0 lt5.1 63.9 63.3 Ibilted states savings bonds. Series A-F and J, are Included at 6/ current redemption values Securities Issued or guaranteed by the U. S. Government, excluding guaranteed securities held by the "Treaeury. Consists of commercial banks^ trust companies, and stock savings banks In the Ibilted States and In Territories and Island possess ions. Figures exclude securities held In trust departments Holdings by Federal land banks are included uuLer "Miscellaneous investors" instead of **U. S. Government investanent accounts" beginning June 30, 191*7, since the proiirietary Interest of the United States In these banks eoled June 26. I9U7. Includes partnerships and personal trust accounts. Hcsiproflt institutions and corporate pension trust funds are Included under "Miscellaneous investors". 2/ 8/ p r 6.3 23.9 21.1* 66.8 6.7 6.5 13.9 .6 82.1* 5.3 12.1 12.0 62.5 85.7 2lt.9 133.7 131.3 30.9 1951 -March June September. December* • 258.1 19.2 11* .9 lU.l* 11*. 7r 11. 10.9 8.1 9.1* 9.5 9.6 10. It Exclusive of banks w"^ insurance ccn^panles. Consists of trust, sinking, and investsaent funds of State and local governments and their agencies, and Territories and island possessions. Includes savings and loan assoolatlcns, nonprofit institutions, corporate pension trust funds, dealers and brokers, and Investments of foreign balances and international accounts In this country. Beginning December 19l*6, includes Inveslaents by the International Bank for Reo one true t Ion and Develoinent and the International Mcmeta27 Fund in apecial nosilnterest-bearlng notes Issued by the U. S. Government. Preliminary. Revised, J - Februani 195 ^9 .TREASURY SURVEY OF OWNERSHIP, SOVEMHER 30, 1952. The Treasury Survey of Ownership covers securities Issued by the United States Government and by Federal agencies. The banks and Insurance oompanles Included the Survey account for approximately 95 percent of such securities held by all banks and Insurance oompanles In Data were first published for In the United States. March 3I, 1941, In the May 19^1 "Treasury Bulletin". Information on the distribution of ownership by types of banks and Insurance oompemles Is published each month. Additional Information showing the holdings of commercial banks distributed according to Federal Reserve member bank olasses and nonmember banks Is published for June 30 and December 3I. Section I.- Securities Issued or Guaranteed by the United States Govemmoit Table 1.- Summary of All Securities (Par values - In millions of dollars) Treasury Bulletin 50 .TREASURY SURVEY OF OWNERSHIP, ROVEMHER 30, 1952. Section I - Securities iBBued or Guaranteed by the United States Govemnent Table 3.- Interest -Bear log Public Marketable Securities by Issues (Par values - in alHlnna of dollars) 51 February 195J .TRKASUPY SURVEY OF OWHKRSHIP, HOVKMHEP 30, 1952. Section I - Securities Issued or Guaranteed by the United States Govemnent Table 3.- Interest-Bearing Public Marketable Securities by Issues (Far TaliwB - In iiniltnH of dollars) - (Continued! Treasury Bulletin 52 .TREASURY SUFVEY OF OWHKRSHIP, NOVEMBEP 30, 1952. Section II - Interest-Bearing Securities Issued by Federal Agencies but not Guaranteed by the United States Government (Par values - In BlllionB of dollars) February 195) 53 MAEKET QUOTATIONS, DECEMHEE 31, 1952. The latter are the only public marketable Current market quotatlona shown here are over-thecounter cloBlng quotations In the New York market for debentures. the last trading day of the month, as reported to the Section II lists the public marketable securities Treasury by the Federal Reserve Bank of New York. Issued by Federal agencies but not guaranteed by the United States Government. Dally quotations for the securities listed in Sections I and II are published monthly In the Treasury Department statement, "Prices and Yields of Public Marketable Securities Issued by The securities listed In Section I Include all public marketable securities issued or guaranteed by the United States Government except those not regularly The Issues excluded are postal savings bonds and Federal Housing Administration quoted In the market. Section I interest-bearing guaranteed securities outstanding. the United States Government and by Federal Agencies". - Securities Issued or Guaranteed by the United States Govemoient Table 1.- Treasury Bills (Taxable) Treasury Bulletin 5^ MAEKET QUOTATIONS, DECEMBE? 31, 1952- Section I - Securities Issued or Guaranteed by the United States Government Table 3.- Other Taxable Issues - (Continued) iPrlce dsclmole are 32nda) February 195) 55 MAHKET QUOTATIONS, DECEMBER 31, 1952- Section II - Securities Issued by Federal Agencies but not Guaranteed by the United States Govenunent Table 2.- Other Issues (Taxable) (Price declmalB are 32nd8) Treasury Bulletin 56 MAHKET QUOTATIONS, DECEMHEK 31, 1952. YIELDS OF TREASURY SECURITIES. Based on Mean of Closing Bid DEC. 31, and Ask Quotations 1952 . . 57 Fcbrttani \9iJ _ YIELDS OF TREASUEY AND COKPORATE BONDS. Table 1.- Average Yields of Long-Term Bonds by Periods (Percent per annum) Treasury bonds Partially tai-eiempt 1/ Taxable 1/ Treasnr7 bonds Highgrade corporate bonds PartlaUj tax-exempt 1/ Annual aeries 1935 1936 1937 1938 1939 2.79 2.69 191(0 2.26 2.7!( 2.61 2.1(1 3.1(6 191(1. 3.19 3.27 3.12 2.92 2.77 191(2. - Feb. Mar. 2.48 2.48 2.49 Apr. May. June 2.19 2.19 2.22 2.49 2.49 2.50 July 2.25 2.24 2.24 27 1,' Treasury bonds Highgrade corporate bonds Partially tax-exempt 1/ 2.05 2.09 1.98 1.92 1.66 1/ 191(3. 191(5. 191(6. - 2.1(6 2.1(7 2.1(8 2.37 2.19 2.67 2.75 2.64 2.60 2.54 2.1(4 2.25 2.44 2.31 2.32 2.57 2.68 1951 -Jan.. Feb.. Mar.. 2.39 2.40 2.47 ararages of dally series 2.38 2.73 2.73 2.71 Apr, May.. June. 2.38 2.38 2.38 2.70 2.71 2.72 Apt., May.. June. 2.51 2.51 2.57 July. Aug.. Sept. 2.27 2.24 2.22 2.66 2.60 2.59 July, Aug.. Sept, 2.68 2.75 2.86 Oot.. Not.. 2.22 2.20 2.19 2.59 2.56 2.55 iJ Oct.. Hot., Dec. ,44 2.85 2.84 2.81 1950-Jan. Feb.. Mar.. 2.20 2.24 2.27 2.54 2.54 2.55 1952 -Jan., Feb.. Mar.. 2.44 2.42 2.41 2.77 2.74 2.73 Apr. May.. June. 2.30 2.31 2.33 2.57 2.57 2.59 May.. June. Sept 2.44 2.45 2.45 2.80 2.86 2.85 Julj. Aug.. Sept. 2.34 2.33 2.36 2.61 2.58 2.62 July. Aug.. Sept. Dot. Not. Dec. 2.45 2.44 2.44 2.85 2.86 2.81 Oot. Not. Dec. 2.38 2.38 2.39 2.654/ Oct.. Not.. Aug. Sept Oct. Not. Deo. 19U8-Jan. Feb. Mar. Apr. Mb;. June July Aug. .36 39 1(5 .45 : ' 1/ 1947 1948 1949 1950 1951 1952 1949 -Jan.. Feb.. Mar.. 191(7 -Jan. Taxable llghgrade corporate bonds calendar year averafies of monthly series Monthly series 2.21 2.21 2.19 Taxable 2.42 2.39 2.66 2.66 Dec, Apr. Dec. 2.57 2.31 2.65 2.60 2.86 2.96 - Treasury Bulletin 58 .YIELDS OF TREASURY AND CORPORATE BONDS O z o CD UJ q: o q: o o < >cn < tn UJ (T. en c o UJ II u. o o _i UJ >- Ul CD < UJ ... February 197) 59 .INTERNAL REVENUE COLISCTIONS. Table 1.- Sumnary by Principal Sources^ {In thouBands of dollars) Fiecal year or month Total Teceipto from Internal revenue (Dally Treaaury Statement) Individual Income tar and employment taxes MJustment of collections to Dally Treaaury Statement Total Internal revenue collections Corporation Income and prof ItB taxee 2/ Individual Income tax not withheld 1/ Individual Income tax withheld 4/ Old-age Insurance taxes 4/ Railroad retirement Unemployment Insurance 12,993,113 22,143,969 41,684,987 43,902,002 40,310,333 -36,797 -224,755 +1,565,477 +101,664 -361,589 13,029,915 22,368,724 40,119,510 43,800,338 40,671,922 4,744,083 9,668,956 14,766,796 16,027,213 12,553,602 4,448,162 8,128,637 19,999,378 20,813,491 20,405,364 3,262,800 5,943,917 10,437,570 8,770,094 8,846,947 686,015 7,823,435 10,264,219 9,857,589 191*7 39,379,1*09 1943 1949 1950 1951 1952 41,853,485 40,307,285 39,448,607 51,106,095 65,634,894 +271,136 -11,051 -155,834 +491,482 +660,409 +625,502 39,108,273 41,864,536 40,463,119 38,957,126 50,445,686 65,009,393 9,676,757 10,174,410 11,553,669 10,854,351 14,387,569 21,466,910 21,367,662 23,379,123 20,527,935 19,797,883 26,624,788 33,738,370 9,501,015 9,464,204 7,996,320 7,264,332 9,907,539 11,345,060 9,842,282 11,533,577 10,055,502 9,888,976 13,089,769 17,929,047 1952- January.. February. March. . 4,769,509 6,062,723 10,640,963 -1*3,595 -908,271 +1,107,122 4,813,105 6,970,994 9,533,841 807,468 310,611 5,912,713 3,177,845 5,340,010 2,789,962 2,329,955 1,464,298 2,133,195 814,231 4,172,031 536,555 106,724 June 5,034,852 4,490,907 9,992,383 +7,401 -939,910 +1,199,593 5,027,451 5,430,817 8,792,790 1,277,897 350,539 5,659,329 2,920,520 4,250,496 2,281,619 1,583,272 221,446 1,477,728 1,330,292 3,955,469 706,625 58,605 94,986 3,412 14,976 2,279 July August,. Septanber October. November. 3,413,233 4,408,351 6,710,598 3,150,106 4,512,766 -430,755 -988,280 +1,432,218 -550,741 -833,043 3,843,988 5,396,631 5,278,380 3,700,847 5,345,808 957,770 356,938 2,441,771 927,471 352,262 1,939,176 4,190,037 1,969,674 1,805,486 4,148,417 393,125 93,368 1,652,593 164,390 108,607 1,538,781 4,012,275 231,744 1,633,657 3,967,879 3,026 69,755 84,574 4,243 14,639 763 3,290 58,282 4,147 13,649 1942 1943 1944 1945 1946 . April May 895,336 1,131,546 1,290,025 1,307,931 1,237,825 170,409 211,151 265,011 284,758 284,258 119,617 156,008 183,337 186,489 178,745 ,458,934 ,612,721 ,687,151 ,873,401 310,750 379,555 560,113 562,734 548,038 579,778 620,622 185,876 208,508 226,228 223,135 236,952 259,616 3,877 29,782 160,969 13,488 3,584,026 1*2,713 3,51*1* 60 Treasury Bulletin INTERNAL HE7ENUE COLLECTIONS. INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES 1938 '40 '42 '44 ; : February 195J 61 -INTERNAL REVENUE COLLECTIONS. Table 2.- Detail of CollectlonB by Type of Tax -i/ (In thouaands of dollars) First 5 months of fiscal year Fiscal year Type of tax 1951 Corporation income and profits taxes 2/ , 1952 1952 Fifth month of fiscal year 1952 1953 (Horenber 1951) (Noramhor 1952) 1953 387,569 21,lt66,910 11,1*99,863 5,036,212 159,683 352,262 9,907,539 15,900,519 579,778 236,952 11,5115,060 2,025,538 21,313,072 620,622 259,616 9,523,2611 311,562 2,412,083 11,384,337 218,928 37,442 98,418 3,428,084 67,189 13,428 108,607 3,967,879 58,282 13,649 26,6211,788 33,738,370 11,809,055 14,052,790 3,607,119 4,148,417 638,523 750,591 288,613 313,413 65,653 47,557 91,207 82,556 8,1125 6,075 4,595 2,962 172,362 1,57'', '•72 187,1179 l,ll02,220 38,053 3,738 63,516 31,812 3,753 68,621 83,016 636,660 15,525 1,630 26,883 85,357 739,813 14,885 1,669 31,705 21,770 146,523 3,300 606 7,172 23,752 179,056 4,002 511 6,650 9,161 15,2119 8,li70 12,010 2,068 12 111 lt,l»62 5,1118 629 5,777 6,366 308,553 3,289 11 906 5,553 27,449 338,668 3,794 8 96 1,150 665,009 28 1,285 12,0B0 99,262 722,150 6,365 55,018 211 2,5U6,807 2,5119,088 1,096,813 1,261,819 244,287 266,539 lllt,220 lili,76o 20,403 21 3,932 50 12 19,952 21 4,258 56 7 5 3 4 « 4 1 1,293,966 7,235 33,870 i,oin l,ll 711,060 610,518 136,917 It, 796 22,817 913 12,792 690,381 1,522 7,535 326 1 1 2 1 17,752 1,099 1 13 1,099 1,380,396 1,565,162 647,256 720,207 144,770 127,176 81i,781i 77,556 7,353 33,912 3,036 36,136 3,222 7,126 10,002 624 lit, Individual Income tax and anployment tazee: Income tax not withheld 3/ Income tax withheld and old-age Insurance U/ Eailroad retlraaent Unanployment Insurance , ,.,, Total Individual Inccooe tax and anploymant taxes, 225,691 Miscellaneous internal reTenuel Estate tax Clft tax Lliiuor taxes: Distilled spirits (imported, excise) Distilled spirits (domestic, excise) Distilled spirits, rectification tax Wines, cordials, etc. { imported, excise) Wines, cordials, etc, (domestic, excise) Dealers in distilled spirits; rectifiers; of stills (special taxes),,., Stamps for distilled spirits Intended for Case stamps for distilled spirits bottled Container stamps Floor taxes Fermented malt liquors ,.,.,,,., Brewers; dealers in malt liquors (special Total 1 iquor taxes , manufacturers export in bond 1,090 111, 921 12 taxes) , Tobacco taxes C igars ( large ) ,.,.,,,...• Cigars (small) ,,,,. C igarettes ( large ) , C igarettes ( sniflTI } , Snuff Tobacco (chewing and amolclng),,,,,,,,,.., Cigarette papers and tubes ;,.,., Leaf dealer penalties , etc , Cigarette and cigar floor taxes , •,.. ,. Total tobacco taxes Stamp taxes Bonds, issues and transfers of capital stock, deeds of conveyance, etc ,,, ,.,,, Flaying c ards ,, ,,,,,,,,,., Silver bullion sales or transfers Total stamp taxes 93,107 ,,, Manufacturers' excise taxes: Lubricating oils ,.,...,,,,, ,,,,,,,,,,,,,,,, Gasol ine ,.,..., ,.,,, , T ires and tubes Automobile trucks and busses Other autcanobilea and motorcycles Parts and accessories for automobiles... Electrical energy , Electric, gas, and oil appliances Electric light bulbs and tubes Radio sets, phonographs, television sets, components, etc Phonograph records Musical instruments Mechanical refrigerators, air-conditioners, qulok-freeze ^ units, etc Matches Bualnaes and store machines , Photographic apparatus Sporting goods Firearms, shells, and cartridges Pistole and revolvers , Mechanical pencils, pens, and llghtors 6/ Total manufacturers* excise taxes Footnotes at and of table. 8,222 100 , 2,ll28 lllll 51^ 811,995 5,826 75,421 14,630 15,426 71,348 14, 412 71,1*1*5 1117,11115 1*6,526 578,1119 220,277 48,779 41,328 33,822 11,006 37,596 4,051 3,498 30,736 128,187 7,007 10,756 ll8,2lili 6,880 9,ltl2 96,319 10,169 57,970 8,032 1111,1191 118,515 ii6,oao 33,766 16,501 10,679 1,172 17,862 17,8116 762 2,3118,9111 {Continued on following page) 4o,904 13,059 48,920 2,354 4,271 2,6a 12,732 1,420 805 6,940 2,828 12,333 607 910 25,128 3,240 19,021 19,311 7,001 5,596 528 33,518 3,921 20,620 11,955 6,317 6,325 376 4,176 5,186 512 3,613 2,360 914 1,590 98 3,274 717 3,769 1,705 848 1,560 57 1,008 915,958 1,086,833 181,580 233,619 li,8l6 2,383,677 !_ 6,670 58,000 13,553 8,023 39,298 8,520 8,6l4 6,988 35,li28 282,377 89, 5W* 18_ 31,595 397,524 70,465 75,473 242,673 72,386 95,286 161,362 53,091* 713 10,626 713,1711 30,281i 1 7,857 97,238 121,996 121,643 280 1,255 59 39,377 198,383 121,285 653,363 164,135 90 71 36,999 569,0118 119,1175 93,l8li 19 413 1,988 370 -20 235 1,365 138 52,409 : , : ) . 62 Treasury Bulletin .nJTEPNAL REVENUE COLLECTIONS. Table 2.- Detail of Collections by Type of Tax ( -2j - (Continued) In thouBanda of dollaj^ Fifth month of flacal year Flrat 5 monthB of fiscal year Fiscal year Typo of tar 1951 1952 1952 1952 1953 1953 (Novanber 1951) (NoTsiibor 1952) Miscellaneoufl Internal revenue (continued): Retailers • eic Ise taxes Furs Jevelry Luggage Toilet preparations 57, •.,.•.• Total retailers' excise taxes Total mlac ellaneous taxes ,,, • Total mlscellaneoxiB Internal revenue, , Adjustment to Dally Treasury Statenent Total receipts from Internal revenue (Dally Treasury Statanent). 90,799 112,892 U,2l6 l'*,897 Ii3,0lt9 l»75,530 171,639 173,21*2 36,366 33,987 35,790 166,697 6,652 26,983 22,208 16,61*0 78,532 33,886 13,563 80,926 35,702 1*5,135 80,192 78,1*73 36,1*65 351*, 660 395,'t3'> 169,106 121*, 239 11,395 121*, 692 290,320 2U,9lt6 310,337 26,881 237,617 275,171* 381,3118 388,589 10,211 330,782 168,711* 1*5,1*89 19,91*5 33,592 3,597 18,823 12,923 2,956 9,569 31*6,1(92 Ii2,6li6 30,120 3,610 20,731 11 866 19,088 9 ll*,777 139,1*51 ll*,6l7 11*6,669 19,501* lli,299 2,853 11*, 260 77 360 1,561 2 31*3 1*1 1,868 5,31*5 26 139 1,91*7,276 65,009,393 1* 6,265 1* l*,807 26 * 1,056 81U 635 1*1 -80 120,663 * 859,61*3 875,687 160,699 025, 31*7 1*, 1*76, 652 81*5, 808 81*5,129 20,33't,265 23,565,65!' 612, 609 5,3'*5,808 I*, 1*, +625,502 -1,112,070 -1,370,601 -872,660 65,6311,891* 19,222,195 22,195,053 3,739,91*9 -833,01*3 I*, 512,766 the Social Security Act Amendiaents of 1950 (PuMlc Law TS**), approTsd 19^. The tai ie levied and collected ae part of the individual Inccne tax beginning vlth the taxable year 1951. For estimated fiscal year breakdown, see Table 1. Beginning January 1951, withheld Incame tax and social security employment taxes on aisployers and enployees are paid Into the Treasxiry in combined amounta without separation as to type of tax, pursuant to the Social Security Act Amendaante of 1950. For estimated fiscal year breakdown, see Table 1. Repealed, effective November 1, 1951, by Revenue Act of 1951. Beginning July 195£> included with othetr repealed taxes under "Miscellaneous taxes" Effective Rovamber 1, 1951, under Revenue Act of 1951. Applies to diesel oil used in highway vehicles; effective November 1, 1951, uaier Revenxia Act of 1951. Lees than $500. AuffUflt 28, u 91"* 5 51,106,095 Id 29 - 1* +660,1*09 y 3,'*'*5 2,51*7 93 7,1*61 9,80lt,112 2,353 19,053 3"*, 310 132 25,007 2,1*73 2 1,81*2,598 6,367 7,638 26,297 31*, 250 653 31,238 3,787 350 6,660 1,261 6,995 7,879 2,521* 127,186 170,276 It, 568 915 15,205 29 7,138 9,1*33,328 50,1*1*5,686 l*,20l* 163,01*1* 1* 381 Source: Dally Treasury Statement for total receipts from Internal revenue; reports by the Bureau of Internal Revenue for collections by type of tax. Detail by typo of tax Is available only on a collection basis. Receipts on the Daily Treasury Statement basis are compiled from the latest dally reports from Ckrvemment depositaries; they do not coincide with amounts reported by the Bureau because of the lag In deposits of collections and because certain taxes are paid directly Into the depositaries, 1/ Excludes collections for credit to certain trust accounts for island posseeslons; includes corporation income tax on Alaska Railroad (repealed by Public Law 386, approved June 10, 1952, for taxable years ending after that date), 2/ Includes exceeo profits taxes on Army and Navy contracts imposed by the Vinson Act 'as amended (3I* U.S.C, 1*96), and inccane tax on business Income of exempt organizations, imposed by the Revenue Act of 1951, approved October 20, 1951, Includes old-age Insurance tax on self -employment income. Imposed by ^ 1*,661* 15,560 7,226 8,916 ll*,086 51,1*36 220,1*03 liST.OlS Miscellaneous taxes Sugar Act of 1937 Telephone, telegraph, radio, and cable facilities •• Local telephone service .....•..• Transportation of oil by pipe line Transportation of persons, etc Transportation of property Leases of saf e-depos it boxes Adjnlselons to theaters, concerts, etc Admlseions to cabarets, roof gardens, etc Club dues and Initiation fees,.,, Bowling alleys, pool tables, etc • • Coin operated devices , Adulterated and process or renovated butter, and filled cheese Narcotics, including loaTlhuanA and special taxes Coconut and other vegetable oils processed National Firearms Act Diesel oil jj Wagering taxes 6/ All other, including repealed taxes not shown separately Total Internal revenue collections &A 210,239 82,831 106,339 ., . . Febritarif 195? 63 .MOHITABy STATISTICS. Table K- Money in Circulation (In mllllcmfl of dollare except as noted) Paper money Total Bad of fiscal 7e&r or month laoney In circulation 1/ Total paper money 19^5 26,746 19lt6 28,2li5 19^7 19*8 19^9 28,297 27,903 1950 1951 1952 27,156 27,809 29,026 25,661 26,231 27,31*8 1951-Docenl)er. 29,206 1952-Januar7... February, March 28,386 April 28,1»6U Hajr 28,767 29,026 27, "193 June July AufiUfit . September October. . . Not ember... December p 28,1.65 28,U73 25,51*1 26,91*5 26,91*2 26,li8e 26,031* Gold certlfIcatae SllTer certificates 2/ 52 50 Treasury notes of 1890 1/ United States notes 1,651 2,025 2,061 2,061 2, 061 323 39 38 2,177 2,092 2,088 27,552 38 26,755 26,835 26,836 38 38 36 26,813 27,102 1*8 1*5 1*3 1*1 federal Beeerre notes bank not«a y 527 120 1*61* 111* l*06 353 106 99 309 93 321 318 318 22,760 271* 23,1*56 21*3 21*, 605 221 86 81 77 2,079 316 21*, 807 232 1,966 1,998 2,030 308 21*, 135 229 228 226 79 79 78 223 222 221 78 78 77 2l*,971 218 217 215 ^ 25,181* 211* 25,733 25,933 212 210 313 21*, 179 315 21*, 11*7 38 2,01*1 2,090 2,088 315 318 318 21*, 38 38 28,978 29,293 27,292 27,598 38 38 27,71"* 37 315 316 318 21*, 29,ltl9 2,063 2, 080 2,095 29,6Wi 30,236 27,922 37 37 2,093 2,115 317 322 37 2,103 311* 28,1*97 28,671* atlonal 22,867 23,973 23,999 23,600 23,209 317 320 321 319 27,31*8 30,1*21) Federal Beserre Bank notes 116 211,356 2lt,605 21*, 580 870 77 76 76 75 9 ., ,,. . 2 6 8 1 ) Treasury Bulletin 6*^ .MOHETAEY STATISTICS , Table 2.- Monetary Stocks of Oold and Silver (Dollar amounta In mlllioaa) (35 per fine ounce) I9'i7 19li8 20,213.0 20,269.9 21,266.5 23,532.5 19U9 2li,U66.3 1950 1951 1952 2^,230.7 21,755.9 Ratio of allrer to gold and allTor In monetary stocica (In percent) SllTor ($1.29+ per fine ounce) Gold End of flGcal year or month 3,685.8 IS.!* 3,508.1* 111. 3,525.7 3,571.0 3,618.3 11*. 13.2 23,31*6.5 3,671.5 3,718.5 3,768.5 22,695.5 3,7''1.3 11* 22,951.1 23,190,9 23,290.5 3,7't6.3 11*. 3,751.1 3,755.1 13.9 13.9 April May June 23,297.1 23,296.1 3,760.8 23,3'i6.5 3,768.5 13.9 13.9 13.9 July 23,350.5 3,773.3 3,777.8 3,781.2 13.9 13.9 13,9 3,785.1* ll*.0 3,789.1 3,790.6 Ik.l W"!? Wltfi 1951-December, 1952 -January,. February . . .. . March Au^5UBt 23,3't'i.U September, 23,3te.O October, . November. 23,339.3 23,337.5 23,186.2 . .. December p. Source: Circulation Statement of U. S. Money; Dally Treaaury Statement for preliminary flgurea. For detail of BilTer monetary stock, see Table 1*. p 13.2 12.9 Ik. 13.9 3,76li.9 .2 11*. Preliminary. Table 3.- Gold Assets and Liabilities of the Treasury ( In mllllona of dollars Liabilities of calendar year or month TOid Oold aaseta Gold certificates 1/ 20, 051*. 191*5 191*6 17, 911*. 18,1130.5 Gold reserve against U, S. notea, etc, 2/ 156.0 156.0 156.0 156.0 156.0 Exchange Stabilization Fund i/ 1,800.0 1,800.0 Oold in General Fund 19l*.8 20,529.0 22,753.9 21, 51*1*. 191*9 21*, 21*3 .9 2lt, 1*27.1 23,010.0 23,217.9 1950 1951 1952 P 22,706.1 22,695.5 23,186.2 21,1*97.5 21,506.5 22,022.8 156.0 156.0 156.0 1,052.6 1,032,9 1,007,3 1952 -January.... February., 22,951.1 23,190.9 23,290.5 21,769.8 22,030.5 22,153.5 156.0 156.0 156.0 l.OOll.l* 23,297.1 23,296.1 22,11*3.7 22,ll|1.3 23,31*6.5 22, 181.1 156.0 156.0 156.0 191*7 191*8 March April May June 11*2.1* 1,053.9 1,077.9 1,053.2 1,025,3 981.0 997.1* 998.7 1,009.3 July August 23,350.5 22,l8ll.O 23,3l*U.l» 23,31*2.0 22, 1811.3 22,l8ll.3 156.0 156.0 156.0 l,010.ll l,00l>.l September. October.... Not amber . . December p. 23,339.3 23,337.5 23,186.2 22,176.8 22,182.3 22,022.8 156.0 156.0 156.0 1,006.5 999.2 1,007.3 Source: Circulation Statement of U. S. Money; Dally Tr«aaury Statement for preliminary figures, 1/ Comprlsee (1) gold certificates held by the public and in Federal Paaerre Banto; and (2) gold certificate credits in (a) the gold certificate fund - 2/ ^ p 1,001.7 Board of OoTemora, Federal Reaerve System, and (b) the redemption fund - Federal Reserve notes. Reaerve agalnet United Statea notes and Treaaury notea of 1890. Excludes gold in active portion of Exchange Stabilization Fund, Preliminary. . .. . J 9 .. U 5 . 5 . 2 Febrnarif 195 65 -MONirrABY STATISTICS. Table 4«- Components of Silver Monetary Stock (In mllllone of dollars) Silver held In Troaeury End of calendar year or month Silver bullion 2/ Silver dollars 1,703.9 1,911.2 1,937.6 1,971.5 2,003.2 356.U Bullion for recolnage h/ Subsidiary coin ^y 10.2 Bullion at cost 2/ 1,022.2 1,083.1 1,157.8 3,697.1 191.5 191.6 191.8 1,081*. ,71*6.3 1,085.1* ,751.1 ,755.1 192.3 193.1 1,095.1* 1,101*. ,760.8 191*. 5 1,U3.3 ,768.5 61.. 196.1* 1,119.1* 53.1 53.8 198.3 199.2 1,125.1 1,131*. ,773-3 ,777.8 ,781.2 51.1 200.2 201.9 202.5 1,11*5.2 ,785.1* 1,150.6 1,157.8 789.1 790.6 11.1* 91*. I* 2,040.7 2,073.5 2,109.7 312.8 301.0 3.6 1.7 95.1 82.0 289.'* ll.2 1*5.1 2,076.5 2,079.6 300.7 300.7 7.1* 81.0 12.1* 2,081i.0 300. 16.2 78.1 73.8 April 2,085.1* May June 2,089.9 2,093.0 299.8 299.0 12.5 9.2 297.'* lt.6 295.5 293.6 292.7 6.6 11.9 9.2 291.7 290.0 289 .I* 1*.6 1950... 1951. . 1952 p. 19 52 -January,. FebruaiT. March . . . July August September. , . October. . Naraiber. . December p. 2,095.2 2,098.5 2,101.8 2,10l..3 . 2,107.1 2,109.7 71* .2 70.7 68.0 1*8.7 '*5.1 Circulation Statement of U. S. Money; Dally Treasury Statement for certain preliminary figures. Valued at $1.29+ per fine ounce. Includes silver held by certain agencies of the Federal Government (see Dally Treasury Statement for amount). Does not include silver lendleaaed to foreign governments (theae transactions all took place during the fiscal years 191*2 through I9U6; see 19l*6 Annual Report of the Secretary of the Treasury Valued at $1.3&+ per fine Valued at $1.38+ per fine to whether the bullion is coins or for recoinage of Preliminary. Less than $50 thousand Source: i/ kj p * ^ 179.8 191.3 202.5 13.1 5.9 19'ts... coin 3,512.8 11* 337.2 328.1 321.9 .0 Subs Id iary 8U6.7 901.1 928.7 971.5 982.2 3't3.'i 19^1... Silver dollara l/ Total silver at $1,29+ per fine ounce 137.5 150.1 156.3 165.0 171.0 185.6 93.1 91-1 89.3 191*6... i^ Silver outside Treaaury In General Fund Securing silver certificates 1/ 3, 511*. 3,51*7.9 3,596.7 3,61*3.1 3,71*1.3 3,790.6 1,088.5 ,761* .9 for amounts ounce. ounce or at $1.29+ per fine ounce according held for recoinage of subsidiary silver standard silver dollars. ) Table 5.- Silver Production In the United States and Acquisitions by Mints and Assay Offices Jj (In milllone of ounces or dollars) Calendar ye or month Silver production In United States Silver acquialtiona by mints and assay offices Newly mined domestic silver 2/ Foreign silver 30.3 i/ 27.1* 191*8. 29.0 21.1 38.6 39.2 191*9. 31*. 36.8 33.0 33.3 29.9 1950. 1951. 1*2.3 1*1.3 37.1* 1*0.0 36.1 32.7 3.8 3.9 3.7 3.9 3.5 3.7 3.2 3.1* I9U5. 191*6. 191*7. 1952 -January. February March.... 3.1* April. May... June.. i*.o 3.9 .9 .6 l*.9 i*.li 3.1* 2.9 2.5 2.8 August. . September. 3.3 2.3 3.2 3.8 3.5 2.6 October. .. November.. 3.7 3.0 3.3 3.0 2.9 2.6 . Source: Annual figures frcm the Bureau of the Mint. Monthly figures on U. S. silver production frcan releasee of the American Bureau of Metal Statistics; these will not agree with the annual flguree. 1/ For information on silver production In other countries, see annual reports of the Director of the Mint. Data from 1933 through 191*1 are suEBiarized in the "Treasury Bulletin" for August 19U3, page 7I*. 2/ Aclulred at 71.11 cents per fine ounce from July 1, 1939 to July 2, 191*6; h/ 3.5 3.3 3.3 July ^ 3.1* 3.2 2.1* ^ hj and at 90.5 cents per fine ounce since July 2, 191*6. No foreign silver has been purchased under the Silver Purchase Act of 193I* since May 191*2. Includes 0.2 million ounces valued at 71. 11 cents per fine ounce totalling $0.2 million, and 30,1 million ounces valued at 90.5 cents per fine ounce totalling $27.2 million. 66 Treasury Bulletin .MOHETAEY STATISTICS. Table 6.- Seigniorage on Silver (OtoralatlTe fitn Januear 1, 1935 - In mllllonj of dollaro) February 195J 67 EXCHANGE STABILIZATION FUND Table 1.- Balance Sheet as of June 30, 1952, and September 30, 1952 Treasury Bulletin 6S EXCHANGE STABILIZATION FUND. Table 2. - Income and Expense January 31, 1934, through June 30, 1952 ClasBifloatlon January 31, 193*^, through Septoiber 30, 1952 XncoBe! Profits on British sterling transactions... •,•.•.•.•....,.. •..».,.., Profits on French franc transactions < $310,638.09 $310,638.09 351,527.60 351,527.60 Profits on gold hulllon (Including profits from handling charges on gold) 53,883,358.93 53,888,953.71* I^vfits on other gold and exchange transactions 110,000,000.00 1*0,000,000.00 , Profits on ailver transactions 102,735.27 102,735.27 Profits on sale of sllTer bullion to Treasury (nAtionAllLed) 3,1*73,362.29 3,1*73,362.29 Profits on InTestments 1,876,790.55 1,876,790.55 8,198,066.89 8,323.577.32 , Interest on InTeslSDents • , Hlscellaneoiis profits 861,51*6.95 861,51*6.95 Interest earned on forei^pi balances 2,81t9,683.19 2,81*9,683.19 Interest earned on Chinese yuan 1,975,317.07 1,975,317.07 113,883,026.83 111*, Oil*, 132. 07 8,753,788.26 9,088,522.32 Travel 1*4.5,01*6.91 1*59,997.83 Transportation of things 671,1*13.57 677,156.67 557,523.13 562,023.1*0 Total inooane Expense; Personal serricas , Comnunlcatlons ..•.•.•.•.•...•.•.•.•...........................•.....•.•... Supplies and materlalB • Other Total expense Net InnniBft • • 99,193.91* 101,282.23 1,301* ,1*07. 33 1,335,315.38 11,831,373.1'* 12,22lt,297.83 102,051,653.69 101, 789, 831* .21* February 195) 69 .CAPITAL MOVEMENTS. Data relating to claims on foreigners and liabili- ties to foreigners, and capital movements between the United States and foreign countries, have been collected since 1935, pursuant to Executive Order 6560 of January I5, 1934, and Treasury regulations thereunder. Information covering the principal types of data and the principal countries 1b reported each month by banks and bankers and securities brokers and dealers In the United States. the data for January I95O. Attention la called to the fact that although the grand total .'Igures on the revised reporting basis are reasonably comparable with those for preceding months, data for Individual countries in some Instances are not comparable because of certain chanties In coverage and geographical classification. This The supplementary Information, contained In Section IV, Information Is published regularly in the "Treasury Is presented in three tables appearing at different times. Bulletin". frequent Intervale. Supplementary Information Is published at less All reports are made Initially to the Table 1 glTee data by countries on short-term claims on and liabilities to foreigners as reported quarterly by exporters, Federal Reserve Banks, which forward consolidated figures to the Treasury. importers, and industrial and commercial concerns in the United States. This information was published for the first time in the October I949 issue of the "Treasury Bulletin" The tprm "foreigners" as used in these reports covers all institutions and Individuals (Including United States citizens) domiciled outside the United States, as well as International organizations, wherever domiciled, created by treaty or convention between sovereign states. "Short-term" refers to original maturities of one year or less, and "long-term" refers to all other maturities. A detailed discussion of the reporting coverage, and begins with data for September 30, 19M-6. Table 2 supplies information by countries on long-term claims on and liabilities to foreigners as reported by banks and bankers in the United States. This table appeared for the first time in the December ig49 issue. Data are for the end of the calendar year beginning with 1942. Table 3 gives information on short-term liabilities to countries basis of reporting, not regularly reported separately by banks and bankers. and derivation of capital movenents figures appeared in the April 1950 Issue of the "Treasury Bulletin", pages 5O-52. This table appeared for the first time in the April I95O issue. The data have been requested at Irregular Intervals, Revised report fonns and regulations became effective with the earliest date being October 1943. Section I - Summary by Periods Table 1.- Net Capital Movement between the United States and Foreign Countries (In thouBande of dollars: negative fl^uree indicate a net outflow of capital from the United States) Anfllyela of net capital morament Int Calendar year or month Net capital moT anient Short- teim banking funds Brokerage balances TransactlonB . Treasury Bulletin 70 .CAPITAL MDVBMENTS Section 1 Summary by Periods - Table 2.- Short-Tera Claima on and Liabilities to Foreigners (Poeltlon at end of period Iji thousazide of doLlars) Short-tens claliDa on foreigners of calendar year or month vriA Short-texm liabilities to foreigners Pa^ble Fayahle In doll are Payable In ban]£8 19^2 21*6,673 30,916 72,01*8 19113 257,929 11*3,709 137,161* 1*,205,389 5,37lt,903 329,691* 3l*,387 5l*,603 86,378 19W» 105,1*21 169,670 19't5 392,766 708,253 1*7,1*89 100,267 319,639 21*5,010 290,1*95 5,596,775 6,883,068 6,1*80,262 1*90,631 7,116,1*19 557,132 7,717,960 7,617,959 19't6 98,119 1*, 693, 911 1,71*5,722 40,629 1*, 809,21*5 2,257,510 5,209,820 5,073,586 5,503,872 5,382,062 2,1*37,751 49,664 70,389 51,039 44,911 72,226 6,167,483 6,699,260 6,790,105 7,746,809 8,333,757 105,984 130,493 8,222,538 8,427,339 8,468,956 121,764 99,578 84,532 8,563,1*99 5,717,921 4,057,706 163, 933 4,238,661 r 5,752,221* *,523,448 5,79li,081* 1*,669,037 5,831,960 4,808,016 79,388 62,086 65,659 9,328,851 9,458,887 9,682,260 5,71*7,705 4,778,479 4,681,248 59,523 60,952 9,571,230 9,655,737 1,018,700 100,371 19'*9 827,851* M50 897,966 110,801* 21*0,583 968,1*1*3 91,808 177,21*6 506,268 699,389 8,61*4,775 1951 996,011 177,539 162,975 738,910 731,015 9,218,51*9 9,392,277 5,201,267 5,385,595 l,OOU,370 79,562 70,M*8 71*, 887 187,1*15 71*2,068 9,1*73,326 5,1*08,1*59 3,911,298 3,876,189 3,933,153 1,019,686 1,038,656 1,029,603 r 7U,111 81,659 73,376 r 151*, 616 11*1,258 790,959 815,739 9,583,185 9,953,153 5,1*03,715 5,689,61*2 1*, 136,653 819,57't 10,01*1,111* 1,026,209 1,066,320 1,023,375 61*,913 126,821 83l*,l*75 7!*, 1*27 11*9,1*38 81*2,1*55 70,206 139,718 813,1*51 10,355,060 10,525,207 10,705,635 l,01l*,l*77 76,182 811*, 617 1,016,291 66,91*0 123,678 121,162 March April 961*,1*38 , , Hay Jime. ..,*.. July , August...., September., October p.. Norember p 1/ 828,189 r 10,585,707 10,672,028 Beelnnlng 1950, Includes certain deposit balances and other asseta which are held In apeclflc trust accounts but which pfevloxialy had been excluded tr<m reported liabilities. p r Ities 5,267,081 6,490,302 5,772,009 292,866 361,197 222,719 151,115 : llabU- foreign 25,51*6 356,501 165,1*39 9,302,200 In I*,$l*6,62l* 1*, 91*8,936 1^91*, 3 31 net short-term 668,168 1,222,580 1,218,633 1,910,898 3,523,328 l*,13l*,l*12 19l»7 19lt8 1952 -January.... February.,, Payable Depoelta of foreigners Loans to foreign foreign currencies In dollars 13,893 17,911 21,641 2,1*93,331* ; 5,929,828 3,095,992 ] 3,81*7,912 131,711* 3,958,716 5,116,971* : ' 8,911*,1*97 9,011,511 r Preliminary, Revised. Table 3.- Net Movement of Short-Term Banking Funds (In thotisands of dollars; negative figures Indicate a net outflow of capital from the United States) Short-term liabilities Short-term claims Calendar year or month 1935-1*1 1942 1943 1944 1945 , , , , Payable in dollars Payable in foreign currencies 736,307 97,503 -11,256 -71,765 -63,072 -20,216 7,114 -50,630 -67,320 65,068 -10,433 -129,779 191*9 iao,8!*6 1950 1951 -76,233 -70,477 1952 -January... February.. March -27,568 31,573 -39,932 April May June -15,316 -18,970 9,053 r -7,51*8 July August. ... September. 3,394 r -40,111 42,945 8,463 -9,514 4,221 October p. Horonber p 8,898 r -1,814 -5,976 9,242 1/ See Table 2 foolnote 1. banjca -3,1*71 -315,487 -240,683 -69,764 , 191*7 11*8,775 12,246 9,111* -4,439 776 8,283 Deposits of foreigners Loans to foreign 307,187 15,933 1948 1946 Payable in dollars : : : 6,409 20,671 -14,330 -19,043 422,711 60,899 5,151* -75,31*0 -219,372 26,773 -68,331 138,478 65,483 -26,131 -45,485 -200,136 -66,501 62,801 -11,937 -193,121 -418,422 636,207 601,541 -100,001 l,026,8lf -293 14,564 -24,440 -39,521 7,895 -11,053 -83,651 173,728 8l,o49 32,799 13,358 4,605 -48,891 -24,780 -3,835 109,859 369,968 87,961 r 9,832 -22,617 9,720 -14,901 -7,980 29,004 313,91*6 r l6,04o 2,516 -1,166 -13,572 3,034,615 485,670 1,179,314 220,359 1,279,375 6,51*5 -32,506 657,1*25 170,147 180,428 -no, 928 r : 86,321 p Pre11w1nftry. r Revised. 2,806,001 105,607 620,884 220,576 583,205 -268,854 115,384 400,575 -136,234 430,286 1/ -121,810 -180,795 184,328 22,864 -1*,71<J* 285,927 28,279 303 41,860 37,876 31*, -84,255 r 182,123 Payable in Other 266,156 385,365 554,412 -3,91*7 692,265 -164,651 5U,788 180, 241 55,583 602,658 1/ 751,920 63,386 -35,109 56,964 foreign currencies -37,542 -5,102 V 4,018 3,730 3,905 15,083 9,035 20,725 -19,350 -6,128 27,315 Net movement of short-term banking funds 3,770,922 583,373 1,168,058 148,594 1,216,303 -733,909 395,524 531,777 90,845 950,583 1/ 586,948 33,758 24,509 1,221 -111,219 205,301 124,553 106,227 74,728 r -9,950 -22,186 -15,046 94,543 350,998 97,014 284,787 r -5,144 -17,302 3,573 317,31*0 130,036 223,373 -6,136 1,429 -111,030 84,507 11*5,589 138,979 -29,537 r -97,231 1*1,117 : : : February 195) 71 .CAPITAL M07H4ENTS. Section I - Summary by Periods Table 4.- Purchasee and Sales of Long-Term Dooiestlc Securities by Foreigners . Treasury Bulletin 72 .CAPITAL MOVSMERTS. Section II - SamnBry by Countries Table 1.- Net Movement of Capital and of Short-Term Banking Funds (In thouaaoda of dollars; negative flgurea indicate a net outflow of capital from the tinted States) Bet capital norenent Short-terH hanVIng funds 195a Cotntzy July August 1952 September October p HoTcmbeET p July 7,989 9,681 -10 10,336 -139 2,384 7,002 Al^ust September October p Europe: Austria Belgl\a Ctechoelorakla 2,365 5,303 I>enn0rlc 3,'>25 8,703 3'»7 28 1,513 8,lko 2,267 France l.5,"»3'> Genany 55,126 10,561* -8,661. Greece Italy Be therlands -3,055 27,197 30,lk6 703 6,881 51,909 1,678 2,139 5,026 -2,086 3,509 2 1,500 Finland Borvay Poland Portugal Runonla Spain 13,608 -5,403 237 6,093 973 6,389 -10,015r -317 9,747r 8,666 26,842 360 2,486 44,645 -57,119r 47,142 l,38lr 17,833r 35,94ar -8,319 12,771 1,728 19,350 -43,967 3,139 -888 1,547 5,954r l,445r -4,377r 361 5,097i- 2,863 -1,813 3,136 71 -2,434 -263 13,613 -5,644 3,158 1,511 8,717 -31 29 7,664 2,271 45,216 10,627 -3,044 26,690 37,482 53,653 -8,752 709 7,169 58,771 8,339 26,900 4,909 -1,667 3,489 2 1,414 2,978 -888 1,660 7,671 -7,374 69 -15,693 -1,613 1,015 1,776 365 3,669 2,967 37,083 -2,497 634 43 237 5,992 960 344 1.985 46,382 2,441 -9,&70r -317 9,171r -263 -57,207r 47,563 l,372r 17,091r 39,033r 5,784r l,459r -4,154r 361 4,985r 7,707 657 69 -8,379 -1,613 1,381 2,967 29,8l4 -2,496 436 4,244 17,9oar 237 59,242r -1,794 -74ar 1,982 15,128 -3,246 88,101 521 -2,373 1,261 2,151 5,351 -328 -509 1,752 18,626 61 59,911r 2,457 -2,928 228,55ltr 133,213 146,565 138,295r 111,356 2l8,874r 122,422 146,836 ^,157r 72,131r ali,ll'6 6,872 -7,709r 15,959 43,565r -20,424 -2,996 -172,l44r -2,8011 li,7'*2 1,132 -15,682 7,127 8,591 723 -647 30,447 -1,554 5,242 2,217r -3,304 3,095r 7,625 -3,010 13,781 -1,093 7,411 6,766 7,357 -15,130 -1,100 -22,022 3,172 4,575 -2,802 1,150 -16,542 6,839 8,045 Cuba Dominican Republic Guatemala Heilco Netherlands West Indies and Surinam Peru Republic of Panama El Salvador Uruguay Venezuela Other Latin America.... 3,837 1,156 -1,909 17,099 22,204 -1,122 -1,058 13,236 -2,297 -3,039 -1,502 -4,310 -28,565 -3,086 -539 10,36lr 1,984 526 15,904 3,915 1,008 -1,575 16,174 21,116 -1,120 -1,552 12,411 -3,321 6,636 2,357 l,88ar 2,484 -3,123 6,459 2,353 l,6l7r 651 -l,213r -4,026 1,780 178 5.785 1,1.90 -1,^8 1,074 -2,103 3,654 -22,126 -1,006 4,659r 2,089r -4,816 -702 46,873 169 527 -l,212r -4,04l 9,173r -13,495 -3.54lr -964 3,684 -3,557 -2,029 -18,522 -302 2,288 878 6,007 1,645 4,199 -2,117 2,198 -22,659 -465 -1,869 4,541 -4,831 -768 46,664 14 4,480r 88lr -5,901 9,703r -l4,l4o -3.604r Total Latin America.... -10,103r 19,243 66,044 -20,263r 33,443 -9,659r 16,805 67,683 -34,685r -l,8lt2 161 3,739 1,068 -5,690 -38,387 43 882 -24,022 59 -628 -1,152 3,197r -22,221 -506 -2,592 -169 -4,021 -3,909 -1,569 567 3,889 3,891r -21,539 163 3,794 968 -5,509 -39,695 35 2,391 2,043 845 -27,212 34 -729 -1,652 3,l8ar -22,581 -3,988 -6,402 31,927 288 13,614 1,001 8,lt37 -1,378 2,787 15,440 -241 8,738 9,362 -1,014 -10,754 21,934 -1,413 9,958 3,924 -3,424 -1,192 2,367 8,437 -1,373 4,325 15,455 -557 7,669 -3,989 -4,281 31,889 65 13,919 998 9,aS7r -7,677 -810 9,091 Turkey Other Asia -12,363 -4,139 -19,982 -2,617 -19,655 42,615 5,544 2,452 4,884 19,456 -12,359 -4,515 -19,986 -2,555 -19,685 42,322 5,554 2,579 Total Asia -22,290r -36,362 39,757 6,3oar 31,854 -21,523r -37,301 38,342 -2,17ar 370 2,599 35,768 10,075 -27,271 6,974 -4,253r 6,277 -2,990 8,868 320 2,592 35,360 10,078 -27,308 6,972 -4,5e5r 6,277 -970 1,193 308 -12,943 3,500 5,596 -13,480 -1,736 1,899 -19,472r 2,567r 974r -9,723 6,052 3,432 -838 1,250 -309 -12,986 3,357 5,372 -12,489 -2,047 1,294 -19,540r 2,244r l,444r 3,600 41,996 -33.614 -13,907r 5,639 3,015 41, 181 -33,578 -l4,100r 83,5a'' 7,669 7,969 -64.255 83,068 7,353 7,086 133,996 317,340r 130,036 223,373 Sweden Switzerland. B ElngdoB n. S. 3. ttalted Tugoslarla Otiier Europe Total Europe Canada ................... 5,lt92 -328 -2Ui 2,056 29,695 61 61i,Wjar 2, 1156 -1,828 -19 1,733 508 11,317 -19 3,956 10,046r 237 l4,589r -1,794 -l,326r Latin America: Argentina BollTla Braiil Chile Colcmbla -15,023 -1,065 -21,899 3,125 928 -5,^0r 13 448 2,589r -664 -3,373 2,787r 7,631 -3,167 30,144 -1,723 5,031 -2,024 -3,285 -1,461 -4,867 -38,272 -3,147 -609 7,840r Asia: China Mainland Formoea Hang Eong India Indonesia Iran Israel Japan Fhilipplnea Thwllnnri Other countries: Australia Belgian Congo ^ypt and Anglo^yptian Sudan Onion of South Africa.. Other Total other countries . International Grand total p r Preliminary, Rerlsed. '•,'•79 3,892r -21,561 3,890 -6,069 -1,2U5 3,751r 355 'H6r 189.905 2,366 2,089 233,593 7,009r 2,268 -583 -17,238 28,920 -lll,030r Boraaber p > . February 195 73 .CAPITAL MovaoaiTs Section II - Summary by Countries Table 2.- Net Movement in Brokerage Balances and Long-Term Security Transactions by Foreigners (In thouaozidB of dollars; iKgatlre figures Indicate a net outflow of capital froa the United States or net sales b/ foreigners) . Treasury Bulletin 7^ .CAPITAL MOVIMMTS Section II - Sunmary by Countries Table 3.- Short-Term Claims on and Liabilities to Foreigners February 195) 75 .CAPITAL MOYEMHTTS. Section II - Summary by Countries Table 4.- Foreign Debit and Credit Balances In Brokerage Accounts (Posl'tion at oDd of mnn tJi in tJ^o^fflwn^^R of doLLairo) Treasury Bulletin 76 .CAPITAL MOVBin«TS. Section III - Details for Month of September 1052 Table 1.- Short-Term Claims on Foreigners (Foaltlcn at eD4 of mcnth in ttaoiiBands of dollars) . . J . . Februani 195 77 .CAPITAL M0VB4E1ITS. Section III - Details for Month of Septenber 1952 Table 2.- Siort-Tern Liabilities to Foreigners (Poeltion at and of nonth In thousanla of dollarB) Total aharttoan Coillti7 Shart-tem liabilities peyaUe in dollars llabUltiee Deposits Short-tam liabilities payable in foreign cuxrencies To foreign banks and official Institutions To all other foreigiMrs U.S. Treasury bills and certificates Deposits To foreign U.S. Treasury bills end certificates banks aui official Institutions Europe: Austria Balglun Czechoelorakla. DoniBfli'k .....•. Finland Franoe.. .... Gannai^ Greece Italy 73,11111 110,562 3,200 68,813 189 38,539 11,098 l,"il3 136,695 862 51,008 25,936 23,5611 iioU,oi6 1186,176 !i83,li79 39,8k7 291,856 180 9 681 23,562 22,525 30,ii8li 171,61i7 2117,039 20,3911 126,791 83,816 158,877 200,000 10,000 109,635 235,306 "•7,054 3ll2,ll52 lit, IfetherXandB 3'i5,107 Norvaj Poland Portugal,,,, lO^.llll 8l,ltJi2 23,2511 2,171 50,956 5,685 20,358 1,731 36,678 37,902 "1,5113 "1,5^3 11,8311 11,511 77,6^9 69,806 6l'i,273 Ii7li,9li2 50,183 298,727 5,072 1>,796 11,767 865,32)1 lli,075 551,8li7 "1117,773 98,756 13,li2li ''6.'t39 35,360 9,6lU 26,992 7,791 3,661,963 2,9311,0511 1,686,7110 1,530,098 1,251,188 306,119 129,762 21,226 92,ii68 90,li81i 8,929 53,780 Spain Sweden Switzerland..,. U. S. S. B United Kingdom. TugoalaTla. .... Other Europe. ., Total Europe.,. 1,333 2 258,075 326,920 Ruiaania 29,382 26,302 l,70ii 248 U,928 36,440 90 21,449 7,798 11,134 27 528 313 6,000 83,690 1,200 67,187 673 12,468 2,372 1,169 58,471 673 9,045 2,372 31 4,096 4,620 695 687 1,095 2,328 1 1 60,042 2,663 9,361 33,773 18,153 56,326 2,572 7,624 23,820 15,792 3,438 40 1,662 9,679 2,254 278 1,522 34 2 8 1,359 34 32 22,656 440 12,278 1,133 8,531 21,331 438 12,276 540 785 2 2 16 16 7,629 137,500 276 273,243 651 1,133 8,346 51 75 274 107 34 1 9 180 3 U,064 7,558 106,863 272 177,766 651 10,613 984,695 13,625 92,525 29 5,318 3,810 577 262,619 683,293 525,111 123,727 932,339 12,730 261,541 l8e,4io 1,978 8,926 3 "11,773 130,680 12,007 310 865 18,148 200 1,140 374 3,265 1,399 37,266 12,267 35,056 31,329 30,365 59,440 14,502 17,747 94,214 37,097 12,237 34,655 31,301 30,195 58,959 14,470 17,675 80,610 60 13,421 12 183 8,725 1,553 6,957 6,811 75 71 202 24 29,886 29,740 46,470 10,203 59,866 40,082 30,629 129 4,237 2,731 83 156 4,455 1,071 8,648 90 27 89 587 117 12,472 1,209 9 200 1 146 623 64 7 5,247 25,390 212 1,631 212 1,694 40,234 40,090 4 94,952 525 449 15 15 34,455 44,616 44,144 78,519 612 17,369 14,479 138 15 9 12 167 281 33 15 392 16 Latin Ansrlca: Argentina. BollTla... Brazil..,, Chile 88,8611 58,1211 Colmhla, 88,287 Cuha Dcnlnlcan Republic . , Guatemala , Mexico Hetherlazvis Weet Indie and SurlnBD. ........ . Peru Bepuhlio of Kl Salvador. Uruguay Venezuela Other Latin America. : Total Latin America.. China Mainlaz^. 7onB0aa Hong Eong India Indooeeia 321, Wil li6,622 26,7911 57,922 262,001 32,120 26,lta 57,057 113,173 31,7116 138,925 11,188 136,386 37,9911 31,037 20,759 56,160 79,526 26,069 26,064 U,6o6 19,187 109,033 115,6011 26,271 26,088 15,189 22,699 109,121 83,760 58,9116 8,247 3,112 88 16,567 10,237 68,670 44,627 31,727 1,580,716 1,001,777 781,881 159,898 59,998 577,730 541,000 24,258 28,027 37,329 29,822 25,985 342 1,110 257 9,280 7,746 40,695 3,547 1,325 7,670 2,749 12,318 19,649 3,990 613 25,li26 91,'i58 15'', 335 38,519 28,626 116,1911 38,1139 71,360 55,187 17 34 106 7 779 9,471 230 131,119 23,916 32 3,746 4,493 38,230 4,492 37,358 266 1 606 145 145 l,61l0,032 1,368,783 253,821 17,428 154,175 150,819 2,539 817 935 935 50,803 89,326 U9,l8li 669 57,242 950 3,557 2,829 1,101 2,779 724 50 507 28,527 277 13 507 13 87,72li 9,859 68,636 28,375 8,851 59,59k 59,200 1,000 1,210 152 8 7,832 3,984 1,679 19,321 3,984 1,672 18,339 5 412 2 570 9 232 769 231 754 28,914 27,498 744 672 1,530 1,514 1,705,653 1,426,838 229,787 49,028 65,659 61,908 772,6li3 157,909 Turkey Other Asia. 8,778 197,156 11,285 "1,253 158,781 1,795,1112 511,139 319,6^ 328 1 21,424 6,000 135,135 Iran Israel Japan Phlllppinas.... Thailand 87,2911 53,'t38 200 9,893 7,755 41,034 3,548 1,325 7,670 4,135 12,318 19,784 3,990 30,180 51,016 85,969 10,628 17,986 760,325 299,878 153,919 18,298 22,121 10,500 400 1 3 32 32,1120 233,1167 111,673 14 28 "12,667 10,520 17,978 738,122 28li,li07 18,554 23,375 42,518 358 1,656 784 139 146 623 1,386 135 Other countries: Australia.. . ., , Belgian Ccdoo ^ypt and AngloEgTPtian Sudan Tftllon of South Africa. Othar,.,. 90,iiiio 91,717 11,770 88,726 Total other countarlee, 336,792 306,3U8 17'«,52£ 119,321 12,499 Intaxnatlcnal ,.•,•••••• • l,800,92ll l,800,92lt ff7,071 1,670,070 43,783 10,705,635 8,9311,323 ll,ll05,122 4,120,144 409,057 Gimd total 9 . Treasury Bulletin 78 .CAPITAL HOTEMENTS Section III - Details for Month of September 1052 Table 3.- ParehafleB and Sales of Long-Tera Securities by Foreigners (In tboosaoda of dollam) 79 Fcbruar}! 195) .CAPITAL MOYEMKNTS. Section HI A - Preliminary Details for Month of November 1952 Table 1.- Short-Term Claims on Foreigners (Fosltlon at end of month In thouaande of dollaxa) - Treasury Bulletin go .CAPITAL MOTEMEHTS. Section III A - Preliminary Details for Month of November 1952 table 2.- Short-Term Liabilities to Forelgmere (Position at end of month in t^ousande of dollars) ) SI Februarii \95) CAPITAL MOVEMENTS Section III A - Preliminary Details for Month of November 1952 Table 3.- Purchases and Sales of Long-Term Securities by Foreigners ( In thoujeanda of dollara Treasury Bulletin S2 .CUMULATIVE TABLE OF CCWTEHTS. March 1952 through February 1953 . J . . February 195) .CUMULATIVE TABLE OF CONTENTS, March 1952 through February 1953 - (Continued) laeue and pa^e nuaiber 1952 Pipr. May July 1953 Ang Sept. Oot United States savings bonds: Cumulatire salea and redemptlcas ty aeries Sales Bud redemptions by periods, aT series ocablned Sales and redamptlona by periods, Series E through E BedeB^tloDe of natured azid uaaatured bonds Sales and redemptions by damoKliiatlone Series E and H and Series 7 , G, J, and K Sales by States, Series £ and E f^-r^A Series F, d, J, and E.. 27 27 28 30 27 27 28 30 27 27 28 30 27 27 28 30 27 27 26 31 27 27 28 27 27 28 32 32 27 27 28 32 27 27 28 27 27 28 32 32 27 27 28 32 , 31 33 33 3't Treasury savings notes: Cuanilatlve sales and rodeaptlans by series Sales end redei^tlons by periods^ all series c omb ined 31 31 31 31 32 32 31 31 32 32 36 36 33 33 33 33 35 35 33 33 33 33 32 32 33 32 33 37 3'< 3'* 36 3't 3't 32 33 32 33 33 33 3'. 3't 35 35 36 37 3't 3!' 37 38 3't 31' 32 33 35 35 31* 3'» 35 3't 35 39 36 36 38 36 36 Ownership of Federal securities; DlstrlbutlGQ by olassea of InreetoTB and types of Issues Bet market purchases or sales for Investiient accouata heudled by the Treasury Estimated ownership Treasury survey of ownership: Ovnarshlp by banlcs, lAsurance coupanles, and others OvBership by ooBBnerclal bante classified by membership Beeerve System ( latest date June 30, 1952 ) Federal lii ko 38 Market quotations: Orar-the-^ouQter closing guotatlons on Federal securities by Issues Chart - Yields of Ri^asury securities 38 111 39 \2 38 39 Yields of Treasury and corporate bonds: Average yields of long-tem bonds by periods Chart - Average yields of long-tem bonds.... ki ll2 liO kl 't3 '•5 't3 hi 1*7 1.8 kk 1*6 kk kk 1*8 1.9 1.7 't5 't5 49 U6 111 '•3 Internal revenue collections: Sunnary by principal sources Chart - Internal revenue ooUectlona by principal sources. Detail of collections by type of tax Itit lt5 Its U6 kl 50 51 52 'i6 Ii8 1.6 1.6 50 51 U7 1.9 It7 1.7 1.7 '.8 50 lt8 1|8 53 5't 50 51 51 52 53 53 50 51 51 52 5't 50 51 51 52 52 5k 52 53 55 53 52 53 k6 Monetary statistics: Money in circulation Monetary stocks of gold axid silver Gold assets and liabilities of the Treasury Con^xsQenta of s liver monetary stock Silver production In the Ihiited States and acquisitions tfj mints and aaeoy of flose Sdlgniorage on silver Increment from reduction in weight of gold dollar (latest date December 31, 1952) Net Treasury gold receipts (latest quarter ending September 30, 1952) V6 1*9 .- 50 50 51 kg 50 50 51 I18 1.9 49 h9 50 50 50 51 55 55 55 56 51 50 51 52 51 52 55 56 56 57 56 52 51 55 52 55 57 53 Exchange Stabilization Fund (latest date September 30, I952): Balance Sheet Income ftn d expense 56 57 57 58 53 5^ Capital movements between the United States and foreign countries: Sunanary by periods since 1935 Suanary by countries and months Details for latest months by countries Supplementary data by oountrlea 56 59 63 52 55 59 65 55 58 62 52 55 59 65 53 56 60 59 62 66 58 61 65 5'' 57 61 58 61 65 5't 5't 57 61 57 61 66 Corporations and certain other business-type activities (latest date June 30, 1952): Loans outstanding Balance sheets Income and expense Source and appllcatlcn of funds. 66 67 71 72 68 67 71 70 BUY AND HOLD UNITED S TAT E S SAVINGS BONDS ,jkS3^ e^ Treas. HJ 10 .A2 19 53 C.2 I U.S. Treasury Dept. Treasury Bulletin