Full text of Treasury Bulletin : February 1964
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81965
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pbruary
1964
Table of Contents
Page
Treasury financing operations
A-1
Summary of Federal fiscal operations
1
Administrative budget receipts and expenditures..
2
Trust and other transactions
10
Consolidated cash transactions
20
Account of the Treasurer of the United States ....
23
Debt outstanding
26
Statutory debt limitation
31
Public debt operations
32
United States savings bonds
63
Ownership of Federal securities
69
Treasury survey of ovmership of Federal
securities
71
Market quotations on Treasury securities
79
Average yields of long-term bonds
82
Monetary statistics
^U
International financial statistics
88
Capital movements
89
Corporations and certain other business-type
activities - statements of financial condition..
108
Cumulative table of contents
1^2
Treasury Bulletin
II
j
Reporting Bases
Data on receipts, expenditures, and debt which appear
itures and Balances of the United States Government" and
In the "Treasury Bulletin" are based largely on two Treasury
for actual receipts and expenditures In the "Budget of the
financial reports, the "Dally Statement of the United States
United States Government."
Treasury" and the "Monthly Statement of Receipts and Ex-
Beginning with the final statement for the fiscal
year i960, the monthly statement reports toteds for net
budget receipts and budget expenditures after deduction
penditures of the United States Government."
Certain mone-
tary statistics are based at least In part on the "Circula-
Where these state-
tion Statement of United States Money."
J
ments are given as sources for Individual tables, they are
of certain Interfund transactions which are Included In
the detail of both budget receipts and budget expenditures,
1
Their respective reporting bases are
For other data In the Bulletin, Informa-
The transactions deducted consist of Interest payments and
^i
cited by name only.
described below.
tion on sources or reporting bases Is given In connection
with the tables themselves.
minor amounts of certain other payments made by Government
agencies to the Treasury.
accordance with the plan stated In the President's Budget
The monthly statement of receipts and expenditures
was first published for February 195'+i ^f"i replaced the
Message of January IS, 196O.
dally statement as the primary source of Information on
ury Bulletin were revised to the new reporting basis In the
budget results and other receipt and expenditure data
classified by type of account. At the same time, the
September i960 Issue. The Interfund transactions deducted
under this procedure do not Include payments to the Treas-
dally statement was changed to a statement of cash deposits
ury by wholly owned Government corporations for retirement
of their capital stock and for disposition of earnings,
and withdrawals affecting the account of the Treasurer of
the United States.
Both publications have provided compar-
ative figures on their respective bases from the beginning
of the fiscal year 1953»
1954^,
The announcement of February 17,
with respect to these reporting changes may be found
In the April 13^^ Issue of the Bulletin,
The monthly statement shows all receipts and expendi-
tures of the Government,
Including those made from cash
accounts held outside the United States Treasury. The
Information Is complied from reports by the Treasurer of
the United States and by all other collecting and disbursing agencies. Including those agencies which maintain
checking accounts In commercial banks.
These reports cover
transactions recorded In the accounts of the agencies
during the reporting period.
The net of the transactions
or deficit.
Figures for earlier periods shown In the Treas-
and figures for prior fiscal years back through 1932
19'+S,
shown,
In the deposits and withdrawals as
no distinction Is made as to the type of accounts
(budget, trust,
etc.
).
Total withdrawals are on
the basis of checks paid or cash disbursements made out of
the Treasurer's account.
Some of the withdrawal classi-
fications shown are reported on the basis of mailed reports
of checks Issued and are adjusted by means of clearing ac-
transactions are excluded.
Except for relatively
The public debt figures In the
reported on the basis of telegrams from Federal Reserve
Noncash debt transactions are Included, however.
on a collections basis and partially on a deposits basis.
Banks.
Expenditures, except Interest on the public debt, are re-
The dally statement before February 17, 133^, covered
not only transactions cleared through the Treasurer's ac-
the fiscal year I955.
count but also certain Government agency transactions which
were handled through commercial bank accounts,
and included
noncash interfund and other Intragovernmental transactions.
It provided information similar to that in the present dally
statement with respect to the status of the Treasurer's account, and similar to that In the present end-of-month dally
Prior to that, it was Included on
The same reporting basis as that
In the monthly statement provides the fiscal year figures
amount outstanding.
for the Treasury's "Combined Statement of Receipts, Expend-
classified by type of account, and the budget results shown
a due and payable basis.
,
'
,
certificates of deposit cleared through the account of the
Treasurer of the United States.
dally statement also are on a "clearance" basis, with the
exception of those Issuance and retirement transactions
Transactions of an Interfund or
Intragovernmental nature are Included on the same basis
even though the actual Issuance of checks may not be Involved.
Interest on the public debt Is Included on an
accrual basis beginning with figures for June 1955 and
-
The deposits are on the basis of
changes In the public debt outstanding.
by disbursing officers.
'
The^dally statement on the new basis was first Issued
for February 17, 195'+.
minor amounts, noncash Interfund and other intragovernmental
ported on the basis of checks Issued or cash payments made
.
were revised accordingly at that time.
statement to changes In the balance In the Treasurer's account and In cash held outside the Treasurer's account and
Other receipts are reported partially
!
These capital transfers have been excluded currently from
budget receipts and budget expenditures beginning July 1,
counts to the total of checks paid.
Receipts of taxes and customs duties are reported on a
1
It does not affect the surplus
as complied from these reports is reconciled In the monthly
collections basis.
''
This reporting change was made In]
statement with respect to debt issuauice, retirement,
and
Receipts and expenditures, however, were~
I
February
1964
III
Reporting Bases
In the dally statement were used «• the basis for reflecting
the results under the President's budget program as enaoted>>v
the Congress.
Receipts were on the basis of deposits as they cleared
the Treasurer's account.
Expenditures cleared through the
I
'\
bases.
Through
19i^6
(Continued)
dled through commercial bank accounts, consisting of market
transactions In public debt and guaranteed securities, were
Interest on the public debt
as reported by the agencies.
was Included on a due and payable basis beginning with
November 19'*9 and on a checks-paid basis prior to that time.
successive
The circulation statement reflects transactions through
they were on the basis of checks paid
the Treasurer's account which affect monetary stocks of gold
the Treasurer's account were reported on two
'I
-
by the Treasurer of the United States.
Beginning with l^hJ
expenditures made through the facilities of the Treasury
and silver and the amounts of coin and currency In the money
supply of the country.
It Is Issued later than the dally
of the Department of Defense and Its predecessor organiza-
statement, however, and the figures are based on transactions consummated during the reporting period even though
some may not have cleared the Treasurer's account during
tions, were on the basis of checks paid.
that period.
Department's Division of Disbursement were on the basis
of checks Issued,
while certain others, principally those
I
Note:
Transactions han-
Where calculations have been made from unrounded figures, the details may not check to the totals shown.
I;
February
1964
iui
Treasury Financing Operations
February Refunding
On January 30,
1%^, the Treasury Department announced
an optional exchange offering to holders of tS.A billion of se-
Subscription books were
Cash subscriptions were not received.
open from February
3
through February
5.
The offering consisted of 3-7/8
As shown in the table following, on the basis of prelim-
percent 18-month Treasury notes at 99.875 percent of their face
inary reports, about $8,013 million^or 95.7 percent, of the
value to yield about 3.96 percent and an additional amount of
maturing securities were exchanged leaving about $363 million
curities maturing February 15.
it
percent Treasury notes of Series A-1966 at par.
The 4
to be paid in cash.
Of the $A,33B million of maturing cer-
percent notes, of which $A.O billion are outstanding, mature in
tificates and bonds held by the public, $2,189 million was
3-lA
exchanged for the 3-7/8 percent notes and $1,810 million was
30 months.
The offering was made to holders of the
percent notes.
Federal Reserve Banks and
percent Treasury certificates of indebtedness of Series A-196/V,
exchanged for the
dated February 15, 1963, and the 3 percent Treasury bonds of
Government investment accounts exchanged $^,01^ million of
196a.,
dated February
U,
1958, both maturing February 15, 196^.
/^
their holdings for the new 3-7/8 percent notes.
Treasury Bulletin
A-2
\
Treasury Financing Operations
-
(Continued)
One-Year Bills
Tenders were invited on January 23, for the auction on
January 30 of $1 billion, or thereabouts, of 360-day Treasury
bills for cash.
Of the total $2,212 million tenders received,
$1,000 million was accepted at the average bank discount rate
of 3.680 percent.
Noncompetitive tenders for $200,000 or less
(without stated price) from any one bidder were accepted in
full at the average price of accepted conpetitive bids
.
These
totaled $31 million.
Payment for accepted tenders in cash or other immediately
available funds was required to be completed on February 6,
1964.
Payment by credit in Treasury tax and loan accounts
was not permitted.
Banking institutions generally could submit
tenders for account of customers provided the names of the
customers were set forth in such tenders
.
Others than banking
institutions were not permitted to submit tenders except for
their own account.
Tenders were received without deposit from
incorporated banks and trust companies and from responsible
and recognized dealers in investment securities.
Tenders from
others were reqioired to be acccmpanied by payment of 2 percent
of the face amount of the one-year bills applied for, unless
accompanied by an express guaranty of payment by an incorporated bank or trust company.
The 360-day bills are dated February 6,
1964.,
and mature
January 31, 1965, when the face amount will be payable without
interest.
Issued in bearer form only, the bills are in denom-
inations of $1,000, $5,000, $10,000, $50,000, $100,000,
$500,000, and $1,000,000 (maturity value).
13-VJeek and 26-Week Bills
Regular weekly Treasury bills issued during January
totaled $10.5 billion, refunding an equivalent amount of bills
maturing.
The new bills consisted of five 91-day issues of
$1.3 billion each and five W2-day issues of $0.8 billion each.
Average rates of discount on the new bills are shown in the
following table.
13-week
(Additional amount of bills of
original maturity of 26 weeks)
1964
Februarif
SUMylARY OF FEDERAL FISCAL OPERATIONS
(In millions of dollars)
Administrative budget
receipts and expenditures
Net
receipts
1/
Period
Expenditures
Net of
trust
and other
transactions
2/
Surplus
deficit
Clearing
account,
etc, 1/
Net
increase
in
public
debt, or
decrease
(-)
Net
increase in
Treasurer'
account
balance, or
decrease (-)
Levels, end of period
Debt outstanding
Treasurer'
account
balance
Public
debt
Guaranteed
securities
Total
Subject to
Federal
limitation
securities 4/
fiscal years:
36,422
47,480
61,287
-3,122
3,510
-4,017
-9,449
-3,117
-4,180
1,626
1,596
-2,819
-12,427
1,224
-3,856
-6,378
-6,266
448
196
4,587
-2,135
3,883
6,966
5,189
3,115
-1,623
-2 , 224
5,816
8,363
1,625
2,640
9,230
7,659
83
-257
64
-43
5,940
5,200
311
87
-106
-319
-209
-34
376
-423
2,711
1962
1963
81 ,409
86,376
39,544
43,970
65,303
74,120
67,537
64,389
66,224
68,966
71,369
80,342
76,539
81,515
87,787
92,642
1964 (Est.
1965 (Est.
88,400
93,000
98,405
97,900
-10,005
-4,900
,235
,877
,705
,654
,938
,119
,616
,749
,262
,738
,518
,157
,709
516
37,657
56,236
70,547
72,811
64,622
65,891
66,838
71,157
75,349
79,778
77,565
84,463
91,907
94,188
-422
-3,358
-5,842
-9,157
-3,683
-2,771
3,779
-7,088
-7,040
1,953
-6,306
-7,199
-6,672
-691
23
7,252
-3,686
-1,452
2,727
-5,494
Dec.
3,566
7,089
10,053
3,030
7,027
8,360
1963- Jan..
Feb..
Mar.
Apr.
May.
June.
5,533
7,305
9,663
5,735
6,953
12,061
8,013
6,763
7,806
7,590
7,470
7,715
-2,480
208
-59
-126
-15
106
457
-126
404
-270
269
-223
-529
July.
Aug..
Sept.
Oct..
Nov.
Dec.
3,547
7,290
10,095
3,400
-4,316
-1,015
2,279
-5,377
-652
3,803
7,863
3,305
7,815
8,776
7,784
8,289
1964- Jan..
5,853
8,492
46,118
57,324
1950
1951
1952
1953
1954
1955
1956
1957
1953
1959
I960
64,671
64,420
60,209
67,850
70,562
68,550
67,915
77,763
77,659
1961
Ca lendar years
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
i960
1961
1962
1963
Months
1962-July.
Aug..
Sept.
Oct..
Nov.
99
679
147
435
328
231
483
-2U
-401
-250
-303
284
-194
522
195
-523
633
-329
-50
-602
436
97
530
-6
-145
507
2,047
1,839
-388
-2,299
2,096
5,517
7,357
6,969
4,670
6,766
6,216
6,546
5,590
9,749
5,350
8,005
6,694
10,430
12,116
257,357
255,222
259,105
266,071
271,260
274,374
272,751
270,527
276,343
284,706
286,331
288,971
298,201
305,860
8,200
8,200
311,800
317,000
4,232
4,295
6,064
4,577
5,180
4,545
4,427
4,606
6,494
7,509
7,375
256,708
259,419
267,391
275,168
278,750
280,769
276,628
274,898
282,922
290,798
290,217
296,169
303,470
309,347
6,380
8,530
9,268
6,518
7,109
7,509
140
2iO
444
607
257,377
255,251
259,151
266,123
271,341
274,418
272,825
270,634
276,444
28i,817
286,471
289,211
293,645
306,466
256,652
254,567
258,507
265,522
270,790
273,915
272,361
270,188
276,013
284,398
286,065
288,862
298,212
306,099
749
705
312,549
317,705
312,189
317,350
24
53
103
104
109
127
156
330
518
256,731
259,461
267,445
275,244
278,784
280,822
276,731
275,002
283,031
290,925
290,373
296,499
303,983
742
310,089
256,026
258,794
266,821
274,671
278,256
280,348
276,276
274,564
282,607
290,513
289,971
296,061
303,616
309,724
297,876
301,842
299,498
302,067
305,390
303,470
U3
298,324
302,312
299,986
302,553
305,893
303,988
303,417
304,638
302,993
303,166
305,204
305,860
531
541
4,558
5,485
7,446
8,252
6,579
7,558
12,116
-193
1,773
1,132
-5,118
-152
2,938
-5,273
760
2,105
6,998
6,846
9,783
4,510
5,270
7,375
304,835
306,535
306,635
306,442
308,215
309,347
-551
331
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
-3,916i-
20
29
46
52
81
44
74
107
101
111
:
815
-41
101
739
-259
267
1,092
592
-693
234
729
168
-21
224
109
-237
154
204
-U7
62
1,770
-1 ,438
603
-635
-117
179
355
622
828
83
1,015
-134
7,973
7,777
3,582
2,019
-4,141
-1 ,730
8,025
7,875
-581
5,952
7,301
5,877
183
493
4,961
5,583
6,411
42
54
76
34
:
1964 to date
7,131
8,541
7,327
8,524
8,070
7,572
-1 ,042
788
542
1,857
-1,854
-516
4,346
481
189
-1 ,796
-325
3,966
-2,344
2,569
3,323
-4,051
2,151
738
-2,750
1,075
-1 ,920
400
635
-206
864
-260
-320
-53
1,221
-2,024
-1 ,645
-2i8
-304
591
1,961
806
-1 ,672
978
173
2,038
656
85
-1,025
1,700
503
518
297,891
301 ,938
299,612
302,181
305,521
303,616
607
303,948
305,179
303,541
303,728
305,781
306,466
303,577
304,809
303,172
303,359
305,413
306,099
647
674
693
705
718
742
305,432
307,209
307,328
307,147
308,933
310,089
305,115
306,842
306,962
306,781
308,567
309,724
543
562
577
514
192
-7
155
93
135
76
-830
402
204
-495
333
-2,639
-130
428
-770
-3,111
4,264
308,577
762
309, 33v
308,975
-11,206
513
123
2,717
-7,852
4,264
308,577
762
309,339
308,975
31
Source:
Actual figures through the fiscal year 1952 and the calendar year
1953 are from the daily Treasury statement, and thereafter from the
monthly statement of receipts and expenditures of the Government (for
explanation of reporting bases, see page II);
estimates are from the
1965 Budget document, released January 21, 1964, including effects
of proposed legislation.
More detail for data on this page will be
found in succeeding tables.
Fiscal year figures beginning with the September I960 issue of the
1/
Treasury Bulletin, and calendar year figures beginning with the June
100
interest checks and coupons outstanding) ; also deposits in transit and
changes in cash held outside the Treasury and in certain other accounts beginning with the fiscal year 195A. Net increase, or decrease
(-).
;
2/
2/
470
487
436
1961 issue exclude certain interfund transactions from both net budget
receipts and budget expenditures (seepages, II, 2, and 5). Figures
previously published for these series have been revised to the new
reporting basis . The change does not affect the budget surplus or
deficit.
Excess of receipts, or expenditures (-) . For detail, see pages 10-1^.
For checks outstanding and telegraphic reports from Federal Reserve
banks; public debt interest accrued and unpaid beginning with June
and the fiscal year 1955 (previously included from November 1949 as
4/
r
For current month detail and list of acts, see section on "Statutory
Debt Limitation" in each issue of the Bulletin. The limitations in
effect during the period covered by this table and the date when each
became effective are as follows: $275 billion on June 26, 1946; $281
billion on August 28, 1954; $278 billion on July 1, 1956; $275 billion
on July 1, 1957; $280 billion on February 26, 1958; $288 billion on
September 2, 1958; $290 billion on June 30, 1959; $295 billion on July
1, 1959; $293 billion on July 1, 1960; $298 billion on July 1, 1961; $300
billion on March 13, 1962; $308 billion on July 1, 1962; $305 billion on
April 1, 1963; $307 billion on May 29, 1963; and $309 billion on July
Under the act approved November 26, 1963, the limitation is $315
1, 1963.
billion from December 1, 1963, through June 29, 1964, and $309 billion
on June 30, 1964.
Revised.
Treasury Balletim
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 1.- Receipts by Principal Sources
February
.
1964
"
Treasury Bulletih
|
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
INTERNAL REVENUE COLLECTIONS BY PRINCIPAL SOURCES
DOLLARS
Billions
Total
I
'—' Fiscal Year
_
Comparison first
6 months fiscal
"years 1963 and 1964
1950
'51
'52
'53
'54
'55
'62
'56
'64
DOLLARS
DOLLARS
DOLLARS"
Corporation Income and Profits Taxes
Billions
Billions
67.5
675
22.5
€5.0
65.0
200
62.5
175
60.0
60.0
I50
57.5
57,5
12-5
55j0
55jO
IQO
52.5
52.5
75
50.0
50,0
50
475
475
25
450
45.0
425
42,5
50
4Q0
400
2.5
375
375
35.0
350
10,0
32.5
325
75
300
300
50
275
275
25
62.5
'63
-Individual Income Tax and
.
Billions
Employment Taxes*
58
Estate and Gift Taxes
IP
250
250
225
10,0
20,0
200
75
175
175
50
I50
2,5
22,5
I
15.0
)
M TrTT
54
'56
58
J 111
?nai
'60
62
60
1
I2ua
'62
. .
..
February
1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 3.- Expenditures by Agencies
(In millions of dollars)
Fiscal year
or month
Executive
LegisOffice
lative Judiciary
of the
Branch
President
97
99
118
1.957.
.1958.
1959.
Funds
appropriated
to the
President
214
229
250
572
7,091
2,295
2,645
3,092
5,419
5,929
6,669
7,735
539
498
594
676
42,824
44,677
48,205
48,252
902
3,403
3,685
4,215
4,909
908
1,029
258
234
294
317
1,764 2/
1,808
2,053
3,968
47
Military
Justice
Department
639
733
807
56
11
Health,
Education, Interior
Departand
Civil
ment
Welfare
functions Department
Defense Department
38,439
39,062
41,233
5,006
4,875
U
Commerce
Department
562 2/
645
382
4,115
4,031
4,109
10
39
Agriculture
Department
666
751
690
Post
State
Office
DepartDepartment 1/
Labor
Department
674
774
179
206
272
620
257
525
914
797
770
247
258
307
408
518
418
567
1,016
549
I960.
1961.
1962.
1963.
126
49
13i
153
52
57
U7
62
56
70
29
23
1964 (Est.)
1965 (Est.)
166
179
67
72
25
23
2,817
2,533
6,978
5,815
786
833
52,300
51,200
1,141
1,192
5,530
5,353
1,114
1,148
330
343
415
667
546
475
385
382
320
295
264
983
75
67
52
3,848
4,047
3,916
99
106
464
387
26
34
24
-13
85
79
59
29
111
89
117
117
97
441
318
342
236
970
638
712
76
45
122
95
94
490
389
413
106
24
67
91
91
25
27
65
68
32
22
30
25
27
41
4,316
3,818
4,290
192
788
65
4,117
513
93
35
77
-15
59
1,458
5,637
421
28,862
3,097
704
195
467
220
273
1963- July
August.
U
5
3
5
1
September.
10
13
5
1
October.
November .
December.
13
10
13
6
2
5
1
5
2
.
,
.
1
964- January .
F.
.
15
871
676
999
1,128
801
1964
Y.
to date .
37
, .
Interest
Fiscal year
or month
On
public
debt
y
7,244
7,607
7,593
1957
1958
1959
9,180
8,957
9,120
9,895
I960
1961
1962....
1963
1964 (Est.)...
1965 (Est.)...
1963- July
August.
.
September
October.
November.
December.
1964- January.
Y.
On
refunds
of taxes
57
74
69
76
83
63
74
Other
6/
Atomic
Energy
Commission
1,990
748
2,268
765
2,178 12/ 2,541
875
987
985
1,059
2,623
2,713
2,806
2,758
Federal
Aviation
Agency
7/
U1
508
638
698
726
, .
General
Services
Administration
Housing
and
Home
Finance
Agency
570
425
359
-23
199
1,152
408
387
445
466
309
502
739
410
71
National
Veterans
AeroAdmininautics
and Space stration
Adm. 8/
Other
independent
agencies
12/
District
of
Coliombia
Total by
agencies
694
654
633
513
76,539
81,515
87,787
92,642
99,089 lA/
98,500 15/
685
600
98,405 14/
97,900 15/
31
80,697
401
5,250
744
1,257
2,552
5,401
5,392
5,173
224
794
937
293
28
50
72
66
66
88
23
71 ,936
2,800
2,735
790
829
555
578
212
149
4,400
4,990
5,349
5,066
382
850
356
107
97
87
254
229
215
55
39
77
60
53
84
69
-13
270
285
287
467
465
437
-154
11
7
41
342
72
133
23
372
462
453
454
64
8,788
7,784
8,315
355
479
68
8,573
2,211
3,217
374
6,144
69
45
56
90
242
220
230
63
50
56
131
228
73
59
1,618
453
350
20
96
4
4
91
59
48
411
301
93
98
1
3
1
1
45
Total
budget
expenditures
11/
77,233
82,169
88,419
93,155
145
4,805
5,098
5,232
1,184
1,246
925
34
68,966
71,369
80,342
69,433
90
90
865
363
903
41
467
567
355
26
25
911
940
956
interfund
transactions
w
2/
10,600
11,000
Actual figures are from the monthly statement of receipts and
bases, see
expenditures of the Government (for explanation of reporting
released
page II); estimates are from the 1965 Budget document,
January 21, 1964, including effects of proposed legislation.
time the
Note:
Figures in this table are for agencies as constituted at the
expenditures vere made, and therefore do not necessarily represent
expenditures
functions which are comparable over a period of time. For
are
by functions on a consistent basis, see Table 6. Agency shifts
reflected in this table as follows: Beginning 1957, Alaska Road
and
Construction from "Interior Department" to "Commerce Department,
corporations
Federal intermediate credit banks and production credit
CorpoFacilities
as indicated in footnote 12: beginning 1958, Federal
"General
ration (remaining functions) from "Treasury Department" to
from
Services Administration," and Informational Media Guaranty Fund
"Funds appropriated to the President" to "Independent agencies;
beginning 1959, Federal Civil Defense Administration from "Independent
agencies" to "Executive Office of the President," Civil Aeronautics
Board from "Commerce Department" to "Independent agencies," Civil
Source:
21
193
-85
1964
to date .
715
831 4/
Less;
Treasury Department
F.
971
8,108
8,357
7,843
57,768
245
52
28
11
1
26
7,863
8,305
7,815
8,776
7,784
3,289
8,492
U3
57,324
Airways
Aeronautics Administration from "Commerce Department" and
"Federal
Modernization Board from "Independent agencies" to the
Aeronautics from
Aviation Agency," National Advisory Commission for
Administra"Independent agencies" to "National Aeronautics and Space
beginning December
tion;" from fiscal I960 through November 1962, and
the President
1963 military assistance from "Funds appropriated to
subscriptions
to "Defense Department, military," and beginning 1962,
Department" to Funds
to international institutions from "Treasury
appropriated to the President."
the
Consists of net expenditures of the Postal Fund, reflecting
to a public
change in classification of Post Office transactions
payment
fiscal
1960
enterprise revolving fund basis, and beginning
for public services.
,
,
^ „
v j
*
highways is excluded from budget ex2/ Beginning 1957, Federal aid for
(see Table 1).
expenditures
account
trust
in
included
penditures and
2/ Adjusted for reclassification.
Remaining footnotes on following page.
V
...
.
,
,
'
'
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 4.- Interfund Transactions Excluded from Both Net Budget Receipts and Budget Expenditures
(In millions of dollars)
Interest payments to the Treasury 1/
Fiscal
year or
month
Total
Total
interest
Cominod-
ity
Credit
Corp,
1957
1958
1959
A67
I960
69A
65A
633
567
355
1961
1962
1963
513
A56
557
3A2
51
52
28
245
52
28
October.
November
December.
11
6
.
F.Y. 196a to date.
41
41
2A5
96a- January
31
186
1963-July
August,
September
1
2A
195
268
670
26
3A0
A21
181
i65
A10
330
685
600
1
ton 2/
682
6iO
620
A99
196i (Est.)...
1965 (Est.)...
.
ExportImport
Bank of
Washing-
58A
46
43
57
21
193
47
45
39
90
118
146
160
170
176
Panama
Canal
Company
Small
Business
Admin.
Tennessee
Valley
Authority
Veterans
Administration
4/
Under
Defense
Production
Act i/
11
3
9
7
10
14
19
30
42
9
9
9
10
7
15
23
32
35
6
14
20
40
47
27
32
50
50
6
11
11
1
Other
6/
Charges
for
audits
of
various
agencies
10
9
12
24
154
Federal
intermediate
credit
banks
franchise
tax 8/
11
13
16
18
12
14
21
15
16
26
50
25
1
25
1
1
26
8n
443
Housing
and
Home
Finance
Agency
2/
Reimbursement by
Panama
Canal
Company
2/
73
435
195
19
149
Source:
See Table 1
1/ By Government agencies operated as revolving funds; on loans (see "Debt
Outstanding," Table 6) and other interest-bearing U. S. investments.
2/ Excludes transactions under Defense Production Act.
Office of the Administrator for college
2/ Consists of payments by:
housing, urban renewal, prefabricated housing loans for 1955, and public facility loans beginning 1957; Federal National Mortgage Association;
and Public Housing Administration
4/ Direct loan program.
By various agencies for programs under the Defense Production Act.
6/ Consists of payments by the: Colorado River Dam Fund, Boulder Canyon
project; Virgin Islands Corporation; Biireau of Federal Credit Unions;
V
13
Civil Defense Program Fund; Farmers' Home Administration: Agricultural
Credit Insurance Fund (formerly the Farm Tenant Mortgage Insurance Fund
and the direct loan account, both established pursuant to Title III of
the Agricultural Act of 1961, approved August 8, 1961; Informational Media Guaranty Fund beginning 1959; Federal Ship Mortgage Insurance
Fund beginning I960; and St. Lawrence Seaway Development Corporation
beginning i960.
7/ For net cost of Canal Zone Government, less tolls on Government
vessels, and for part of treaty payment for use of Canal Zone.
8/ Realization on the Government's investment.
*
Less than $500,000.
Footnotes to Table 3.- (Continued)
4/
5/
6/
2/
8/
10/
Beginning with fiscal 1961, administrative expenses of the employment security program are handled as trust account expenditures
rather than budget expenditures, pursuant to the Employment Security
Act of i960, approved September 13, I960 (^2 U.S.C. 1101); see
Table 1, footnote 12.
Reported on an accrual basis effective June 30, 1955.
Includes Reconstruction Finance Corporation except beginning July 1
Under Reorganization Flan No. 2
1954.) certain functions transferred:
of 195^ (15 U.S.C. 609, note) to the Export-Import Bank, the Federal
National Mortgage Association, and the Small Business Administration;
and under Executive Order 10539, as amended, (15 U.S.C. 603, note)
to the General Services Administration.
The corporation was abolished
at the close of June 30, 1957, by Reorganization Plan No. 1 of 1957,
and its remaining functions were transferred to the Housing and Home
Finance Administrator, Administrator of General Services, Administrator
of Small Business Administration, and Secretary of the Treasury.
Established pursuant to the Federal Aviation Act of 1958 (49 U.S.C.
13^1 (a)), approved August 23, 1958.
Established pursuant to the National Aeronautics and Space Act of
1958 U2 U.S.C. 2^72 (a)), approved July 29, 1958.
Consists of Federal payment and loans and advances.
For content, see Table 4. These transactions are included in the
detail of both budget receipts and budget expenditures, but are deducted from the totals (see Reporting Bases, p. II).
11/ Figures in this column differ from those published under the same
caption prior to the September I960 Treasury Bulletin because of the
exclusion of certain interfund transactions (see footnote 10).
12/ Effective January 1, 1957, the production credit corporations were
merged in the Federal intermediate credit banks, pursuant to the Farm
Credit Act of 1956, approved July 26, 1956 (12 U.S.C. 1027), and operations of the merged agencies (as mixed-ownership corporations) were
classified as trust enterprise funds (see "Trust Account and other
Transactions," Table 3); previously the operations of the banks and th«
corporations, respectively, were classified as public enterprise funds,
and were included net in budget expenditures.
13/ Includes $1,375 million paid to the International Monetary Fund for th^
additional United States subscription, authorized by an act approved
June 17, 1959, consisting of $3/^* million in gold (see "Monetary
Statistice," Table 3) and $1,031 million in special notes. The specia'"
notes of the United States issued to international institutions are
nonnegotiable and noninterest-bearing and are payable on demand, See al:^
"Consolidated Cash Transactions," Table 2 and "Debt Outstanding, "Table
14/ Totals include $250 million allowance for contingencies.
15/ Totals include $300 million allowance for contingencies, $250 million
allowance for attack on poverty, and $54ii million for comparability pa;
adjustment.
*
Less than $500,000.
.
FebTuary
1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
and Balances, by Agencies,
Table 5.- Summary of Appropriations and Authorizations, Expenditures,
1963
December
,
as of
31
the columns in which they appear)
(In millions of dollars; negative figures are deductions in
Additional, fiscal year 1964 to date
Agency
Unexpended
balances
brought forward
1 963
July 1
Appropriations
1/2/
2/
Increase
,
Legislative Branch
The Judiciary
Executive Office of the President
Funds appropriated to the President 7/
Agriculture Department
Commerce Department
Defense Department:
Military 7/
Civil
Undistributed foreign transactions
Health, Education, and Welfare Department
Interior Department
Justice Department
Labor Department
Post Office Department
State Department
Treasury Department,
Atomic Energy Commission
Federal Aviation Agency
General Services Administration
Housing and Home Finance Agency
National Aeronautics and Space Administration
Veterans' Administration
Other independent agencies
District of Columbia - Federal payment and loans to.
•
Total
81
5
3
13,i79
3,206
Authorizations
to expend from
debt receipts 4/
6,982
305
32,568
320
49,614
1,136
2,084
536
33
322
420
140
425
1,581
603
675
12,958
2,278
1,186
11,786
97
4,590
1,100
344
339
652
327
11,817
2,743
833
620
473
5,100
5,385
1,106
60
85,936
95,612
^
Total
-16
168
66
25
1,327
1,151
Other authorizations
152
66
25
22
5
22
-18
1,327
7,026
792
49,614
1,136
4
-1
55
435
-116
150
619
-46
Transfers,
borrowings,
investments
6/
Treasury Bulletin
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Exp)endlture6 and Balances by Functions
(Fiscal years; in millions of dollars)
FehTuary
1964
ADMINISTRATIVE BUDGET RECEIPTS AND EXPENDITURES
Table 6.- Expenditures and Balances by Functions
(Continued)
-
(Fiscal years; in millions of dollars)
196. through December 1/
Function
code
number
Interest :
Interest on the public debt
Interest on refunds of receipts.
Interest on uninvested funds....
1960
1961
1962
1963
7,593
9,18
76
8,957
9,120
68
9,895
7.
5,219
5.
5,381
17
10
11
5
7
351
852
853
Legislative functions
Judicial fiinotions
Executive direction and management
Central fiscal operations
General property and records management.
Central personnel management
Protective services and alien control..,
Other general government
10
83
10
9,050
9,198
9,980
5,^^05
9,266
5,278
7,671
109
A9
118
135
131
52
22
57
63
21
61
32
11
123
102
69
9
Total interest.
General government t
Unexpended
balances
Expenditures end of
period 2/
1959
901
902
903
90i
905
906
908
910
i7
21
Total general government.
20
566
295
95
255
558
372
Si
263
l,i66
1,542
80,697
77,233
39
U.
370
283
89
136
1.2
323
139
15
.82
971
8.
163
77
221
87
1,875
1,979
1,086
2,022
1,709
88,. 19
93,155
.9,195
132,73.
82,169
22
653
.19
153
300
607
372
1«)
289
109
715
Undistributed
Total
363
Certain interfund transactions included in
both expenditures and receipts
Less:
.8,832
Budget expenditures (see table 3).
reports received ^'•°"/^=^^=^"S,
Source: Expenditures for 196i are from
the Government on the monthly
collecting, and administrative agencies of
They are classified in
statement reporting basis (see page II).
in the 1965 Budget document Table
accoXce with cllsslf Ications usedindividual
appropriation and fund
an
on
done
be
can
as
18 as nearly
the same source b"t have^een
from
are
fibres
year
%rior
basis.
it^m
below the appropriation level in some ^ft^"=«%^^*^"
adjusted
7/
for veterans' nonservice-con-nected
Exnenditures for 196. include those
code 802 and other veterans^beneXon-PPli-^l' to functional
'"^^^ .^rP™"
functional code 805.
flts and services applicable to
Pensions, Veterans Administ^es were Lde from'^-Co^ensation and
tration."
See footnote 7.
Expenditures by major functions
Note:
s/
differ
Functions
1/
2/
^:^,^^X Srf^^iins
for fiscal
196y..ougW ua^
196.,
expended,
rcifd'ed; see Table 5. Although not
amounts is obligated ^-^
I Lb:tent?ai portion of these
payrolls,
°"*^f/^f-^u,
and supplies, for
purchase orders and contracts for equipment
FrdLiri^tiorof iiemt
and for similar items.
2/
V
Agricultural Commodities.
Programs" and "Removal of Surplus
^-.a-i^tance for elementa:^ -d
fir 196. include those
functional code 701 and other aids
secondary education applicable to
These
„
treducSion applicable to functional code 70.. Office ^^-^^^^-^
of Education.
Activities,
were made from "Defense Educational
IZlnT^Ts
National defense
International affairs and finance
Space research and technology
Agriculture and agricultural resources
Natural resources
Commerce and transportation
Housing and community development
Health, labor, and welfare
Education
Veterans' benefits and services
Interest
General government
Total
Less:
Certain interfund transactions.
Budget expenditures
see footnote 1.
..
.
.
,
.
Treasury Bulletin
10
.TRUST AND OTHER TRANSACTIONS.
Table !•- Summary of Trust and Other Transactions
(In millions of dollars)
Net receipts or
Trust and deposit fund accounts
expenditures (-)
from trust
and other transactions
Fiscal year
or month
Excess of
receipts, or
expenditures (-)
Net
receipts
1/
Net
expenditures
1/
Net sale, or investment
( ,
by Government
)
agencies in public debt
securities 2/
Net sale, or redenqjtion
(-), of securities of
Government agencies in
the market
1957
1958
1959
195
633
-329
1,363
829
-2,751
14,301
16,153
16,769
12,938
15,325
19,521
-2 339
-597
1,130
1,171
400
1,293
1960
1961
1962
1963
-50
-602
436
97
-870
790
-851
1,U3
20,342
23,583
24,290
27,689
21,212
22,793
25,141
26,545
-925
-855
-493
-2,069
1,746
-537
1,780
1,022
SAB
1,500
30,163
30,872
29,315
29,372
-2,446
-2,338
1,681
2,651
2,438
2,515
1,253
-1,784
196^ (Est.)...
1965 (Est.)...
-257
1963- July
August..
September
192
-7
155
-1,232
-685
1,419
3,887
1,830
575
171
328
265
October.
November.
December.
93
135
76
-1,304
795
-431
1,289
2,749
2,230
2,592
1,955
2,661
1,101
-481
-260
296
-179
767
-130
-1 169
1,088
2,257
1,328
-289
83
196^- January.
1,U9
Actual figures are from the monthly statement of receipts and
expenditures of the Government (for explanation of reporting bases,
(see page II); estimates are from the 1965 Budget document, released
January 21, 1964, including effects of proposed legislation.
Certain transactions are excluded from both receipts and expenditures
beginning with the July 1961 issue of the Bulletin.
For details see
Table 6.
Source:
1/
581
Includes guaranteed securities (see Table 4).
2/
Note:
Figures in this table differ from those published prior to
August 1963 for shifts in classification including security transactions of Government-sponsored enterprises from deposit fund account
expenditures to net investment by Government agencies in public debt
securities, and net reden^jtion of agency seciirities in the market; and
certain deposit fund account receipts from net receipts to net
expenditures.
Table 2.- Truat Receipts
(
Dis-
Fed.
Fiscal year
or month
FOASI
Trust
Fund
ability
Ins.
Trust
Fund
Railroad
Retirement
Account
1957
1958
1959
7,101
7,824
8,109
339
943
929
723
695
758
I960
1961
1962
1963
10,360
11,824
12,011
13,856
1,062
1,083
1,092
1,145
1964 (Est.)...
1965 (Est.)...
15,846
16,271
1963- July
August
September
493
2,203
October.
November.
December.
442
1,534
1,218
.
.
1964- January.
974
112
Unemployment
Trust
Fund
In millions of dollars)
National
Service
Life Insurance
Fund
Government
Life
Insurance Fund
Federal
employees'
retirement
funds
Highway
Trust
Fund
Other
trust
receipts
1/
Total
trust and
other
receipts
Less:
Interfund
transactions
iz
Net
trust and
other
receipts
21
1,912
1,855
1,997
608
640
634
69
67
63
1,397
1,458
1,741
1,482
2,044
2,088
681
638
585
14,311
16,164
16,904
1,403
1,051
1,081
1,128
2,703
3,803 4/
3,985
4,261
643
668
664
658
61
58
54
52
1,766
2,033
2,086
2,255
2,541
2,800
2,955
3,293
711
778
890
1,546
21,250
24,097
24,818
28,193
908
515
528
505
20,342
23,583
24,290
27,689
1,198
1,228
1,202
1,279
4,191
3,933
667
664
50
48
2,391
2,400
3,484
3,510
1,623
2,017
30,651
31,349
488
477
30,163
30,872
36
160
77
13
256
743
108
44
45
34
168
161
179
298
344
303
109
148
104
1,420
3,893
1,831
1
6
1,419
3,887
1,830
35
34
112
104
84
68
187
460
162
47
33
40
159
177
175
287
282
302
97
72
177
1,290
2,755
2,246
15
234
53
204
283
186
1,096
88
52
See Table 1.
Source:
Includes principally District of Columbia receipts from taxes and from
1/
Federal contributions, loans, and grants; funds appropriated to the
President - mutual security trust funds; Indian tribal funds; increment
resulting from reduction in the weight of the gold dollar; and the
Railroad Unen^loyment Insurance Administration Fund through November
1958 (for treatment after November 1958, see Table 10, published
quarterly)
2/ For content see Table 6.
These transactions are included in the detail
2
1
1
1
1
1
10
11
135
1
1
6
16
14,301
16,153
16,769
1,289
2,749
2,230
1,088
of both trust receipts and trust expenditures, but are deducted from
the totals.
2/
V
Excludes certain interfund transactions consisting mainly of financial
interchanges between trust funds resulting in receipts and expenditures (see footnote 2).
Beginning fiscal 1961, tax receipts under the Federal Unemployment Tax
Act are transferred currently to an administration account in the Unemployment Trust Fund pursuant to the Employment Security Act of I960,
approved September 13, 1960 (42 D.S.C. 1101 (b)); see "Budget Receipts
and Expenditures," Table 1, footnote 12.
. .
.
.
February
.
.
.
'
1964
11
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 3.- Trust, Deposit Fund, and Government-Sponsored Enterprise Expenditures
(In millions of dollars; negative figures are excess of credits)
Trust and deposit funds
Fiscal year
or month
"federal ^Id-Aije
and Survivors
Insurance Trust
Fund
1957
1958
1959
6,665
I960
11,073
11,752
13,270
September
October.
November.
December.
196ii-January.
414
382
-1
91
96
1,227
101
91
282
195
206
39
35
33
6
101
5
106
109
108
,222
92
95
92
230
256
292
36
30
32
5
111
1,217
1,179
105
102
170
5
4
108
108
1,23i
103
99
422
205
17
110
•^fther
Deposit
funds
(net)
Total
trust and
deposit funds
^
Federal
home loan
banks
/t/
Federal
Deposit
Insurance
Corporation
946
-73
317
-730
42
-16
30
138
3,650
345
53
-9
-13
241
14
-16
Total
trust
and
other
expenditures
Less:
Interfund
transactions 6/
Net trust
and other
expenditures
7/
15,962
18,363
274
116
562
-124
-628
854
-104
-115
-124
46
-627
1,292
12,947
15,335
19,655
-75
205
-544
437
396
374
483
182
484
-239
1,092
685
22,120
23,308
25,669
27,050
908
-487
872
363
-134
-148
-154
146
21,636
23,546
24,577
26,365
515
528
505
21,212
22,793
25,141
26,545
28,336
29,738
447
413
1,200
-100
-180
-202
1,467
111
29,803
29,849
488
477
29,315
29,372
2,124
2,112
2,218
69
115
-18
528
332
298
2,652
2,444
2,516
6
1
458
235
290
2,594
1,960
2,677
2,265
-35
-104
-16
-161
1
7
2,354
2,075
2,319
-1
244
t3
66
-115
-13
23
-4
-23
372
-1
240
-115
358
103
2,454
12
-)U
-57
-139
31
3
12,901
79
114
46
;36
5
929
102
176
41
-42
;16
-31
-61
1963-July
Augus t
September.
.
-32
-18
27
ion
,221
,375
1964- January.
314
357
390
1,22A
-llo
-17
.
3,551
57
1964 (Est.)
1965 (Est.)....
October.
Kov ember.
December.
1,344
1,499
68
430
Government-sponsored enterprises (net)
1/
Other
operations
2,945
2,620
2,784
3,017
16,091
Farm
Credit
Administration
Financing
by Treasury
896
955
1,063
1,183
79
1
T'ortgage Assoc.
966
1,512
2,613
591
83
94
96
federal National
Highvay
Trust
Fund
699
792
565
835
,208
.
86
120
80
3,555
3,443
711
.
562
funds
1,129
1,144
697
.
5U
I'und
1,345
1,428
15,359
672 2/
I960.
1961.
1962.
1963.
515
Federal
employees
retirement
582
707
626
747
trust 2/
1957.
1953.
1959.
1,644
3,148
3,054
Government
Life
Insurance
2,736
4,734 2/
3,906
3,815
561
Trust and deposit
funds- (Continued)
Fiscal vear
or month
National
Service Life
Insurance
Fund
1,136
1,124
1,135
1,112
1
.
Unemployment
Trust
Fund
746
1,089
1,259
U,530
1963- July
August.
682
730
778
181
361
9,380
1964 (Est.;...
1965 (Est.)...
Railroad
Retirement
Account
1
8,0Z,1
1961
1962
1963
Federal
Disability
Insurance
Trust Fund
Source:
See Table 1
1/ Secondary market operations, as provided in the Housing Act of 1954,
approved August 2, 1954 (12 U.S.C. 1719). Funds provided by the
Treasury (-), or repaid to the Treasury, are shown in a separate
column (and correspondingly are reflected net in budget expenditures).
2/ See Table 2, footnote 4.
2/ Includes principally District of Columbia operating expenditures; Funds
appropriated to the President - mutual security trust funds; Indian
tribal funds; expenditures chargeable against increment on gold; and
trust enterprise funds (net). The Railroad Unemployment Insurance
Administration Fund is included through November 1958 (see Table 10,
published quarterly), the Employees' Life Insurance Fund (net) and
the Employees' Health Benefits Fund (net) beginning 1961.
4/ Previously shown as deposit funds (see Table 1, Note),
5/
6/
7/
8/
10
11
135
1
1
1
6
16
12,933
15,325
19,521
2,651
2,438
2,515
2,592
1,955
2,661
2,257
Includes banks for cooperatives, Federal intermediate credit banks,
and Federal land banks
For content see Table 6. These transactions are included in the
detail of both trust receipts and trust expenditures, but are
deducted from the totals.
Excludes certain interfund transactions consisting principally of
financial interchanges between trust funds resulting in receipts
and expenditures (see footnote 6).
Includes expenditures of the Federal intermediate credit banks which
were operated as trust fund enterprises from January 1, 1957, until
January 1959, when these banks were classified as Governmentsponsored enterprises.
.
12
Treasury Bulletin
.TRUST AND OTHER TRANSACTIONS.
Table 4.- Investments In Public Debt and Agency Securities (Net)
(In millions of dollars;
negative figures are excess of sales)
Trust accounts, etc.
Fiscal year
or month
Total 1/
Total
trust
accounts,
etc.
1957.
1958.
1959.
1/
Federal
Old-Age and
Survivors
Insurance
Trust Fund
597
2,302
506
-1,130
-1,232
-499
-1,290
2,339
925
855
493r
2,069
760
707
301
1,782
-726
-225
-1,089
-821
1964 (Est
1965 (Est
2,U6
2,338
2,158
1,841
487
125
-1,253
1,784
-575
-1,270
1,769
-594
October.
November
December
-1,101
481
260
1964- January,
-1,328
1963-July
August
September
Railroad
Retirement
Account
Unemployment
Trust
Fund
325
729
552
36
-33
-35
274
-1,255
-1,011
494
285
264
-78
-63
-90
220
1960.
1961.
1962.
1963.
National
Service
Life
Insurance
Fund
Federal
Disability
Insurance
Trust Fund
Government
Life
Insurance
Fund
89
95
76
62
-44
Federal
employees*
retirement
funds
Highway
Trust
Fund
Federal
intermediate credit
banks 2/
Other
trust
accounts,
etc. 1/
-16
-56
-17
958
-21
-35
-44
-25
871
1,063
1,034
1,075
-428
45
233
202
242
93
301
803
671
404
418
-393
99
28
-100
-24
97
-129
1
-41
-952
72
456
-147
629
475
102
234
-19
-204
85
136
1,031
886
-68
-140
-726
1,004
-275
-72
46
-4
-71
-7
-53
-125
642
-100
6
6
-4
-3
-4
67
62
68
-22
48
-157
-1,072
492
235
-793
252
-71
-13
-49
-42
-18
-21
-98
9
5
-126
7
-3
-4
-4
47
68
64
-82
-87
-46
-99
247
-1,345
-884
-78
-286
-151
-14
94
68
104
21
77
U
5
27
-122
33
89
-31
-40
41
-60
Trust accounts, etc. -(Continued)
Public enterprise funds
Government-sponsored enterprises
Fiscal year
or month
1957
1958
1959
Total
Governmentsponsored
enterprises
1/
39
460
-70
Panks
for
cooperatives
Federal
Federal
Deposit
home
Insurance loan
Corp.
banks
104
115
124
-67
346
-299
102
287
-122
612
Federal
land
banks
Federal
intermediate
credit
banks 2/
Total
public
enterprise
funds
36
91
25
18
6
19
17
-40
53
14
1
62
97
-32
36
15
-5
-2
-2
166
149
191
287
287
497
33
1964 (Est.)
1965 (Est.)
180
304
180
202
100
1963-July..
-412
-34
-1
18
-7
-411
-15
-27
17
Aug.
Sept..
55
3
1
16
19
Oct...
Nov...
Deo...
59
4
23
393
1
-23
392
-29
-12
26
1964- Jan...
-119
57
-176
17
Source:
1/ See Table 1, Note.
2/ See Table 3, footnote 7.
J/ Management and liquidating functions as provided by the Housing Act of
Investment includes
1954, approved August 2, 1954 (12 n.S.C. 1721).
guaranteed securities.
4/
•
r
Federal
Savings and
Loan Insurance Corp.
51
78
102
771
2
Federal
National
Mortgage
Association 2/
2
434
.
-60
Production
credit
corpora
tions 2/
105
134
148
154
161
30
Federal
intermediate
credit
banks 2/
1
1960
1961
1962
1963
239
Federal
Housing
Administration
127
42
-27
18
34
229
269
-59
-8
250
349
8
Tennessee
Valley
Authority
Other
14
14
18
51
-12
-29
-10
18
22
-18
19
13
29
-2
25
11
20
4
tt
-29
4
-1
-10
1
1
23
-3
1
Beginning with this period, figures include net transactions in guaranteed securities. See also footnote 3.
Less than $500,000.
Revised.
.
1964
February
13
.TRUST AND OTHER TRANSACTIONS.
Table 5.- Sales and Redemptions of Government Agency Securities In Market <Netl
(In millions of dollars; negative figures are excess of sales)
Securities guaranteed by the United States
Public enterprise funds
Fiscal year
or month
Total 1/
Total
guaranteed
Federal
Farm
Mortgage
Corporation
Federal
Housing
Administration
Home
Owners'
Loan
Corporation
Securities not guaranteed by the United States
Trust
enterprise
fund
D.
C.
stadium
fund
Public enterprise
Total not
guaranteed
1/
-1,171
-400
-1,293
-33
6
-10
-33
6
-10
-1,746
-1,780
-1,022
-29
-100
-204
-162
-28
-81
-204
-162
1964 (Est.)....
1965 (Est.)...,
-1,681
-581
-143
43
-143
43
-1,539
-625
1963- July
August ...
September
-171
-328
-265
-41
-27
-19
-41
-27
-19
-130
-301
-246
October.
November.
December.
-296
179
-767
-12
-13
-24
-12
-13
-24
-284
192
-743
289
-20
-20
309
1957
1958
1959
I960
1961
1962
1963
,
,
1964- January.
537
-1,137
-406
-1,283
-19
-1,717
638
-1,576
-360
Federal
intermediate
credit
banks 2/
Federal
National
Mortgage
Association 2/
136
-233
6
797
fluids
Home
Owners'
Loan
Corporation
..
.
i
Treasury Bulletin
u
.TRUST AND OTHER TRANSACTIONS.
Table 6.- Interfund Transactions Excluded from Both
Expenditures
Net Trust Account Receipts and Net Trust Account
(In millions of dollars)
Fiscal year
or month
Federal
Old-Age and
Survivors
Insurance
Trust Fund 1/
Federal Disability
Insurance
Trust
Fund 1/ 2/
Railroad
Retirement
Account
1/ 1/
Unemployment
Trust
Fund 4/
Federal
employees'
retirement
funds
y
District
Total
of
Columbia
3
1957
1958
1959
9
10
124
1
211
1962
1963
600
332
361
423
6
13
22
132
101
23
21
18
1964 (Est.)
1965 (Est.)
423
418
1960
1961
38
3
10
12
12
13
908
10
13
14
16
488
477
.
1964- January.
.
See Table 1.
Source:
,
.
x
j 4.u
Retirement Account and the
1/ Payments are made between the Railroad
trust
Insurance
Disability
Federal
and
Survivors
and
Federal Old-Age
which they
funds so as to place those funds in the position in
included
would have been if railroad employment after 1936 had been
under social security coverage.
and
Old-Age
Federal
the
Includes interest on amounts reimbursed to
2/
Survivors Insurance Trust Fund for administrative expenses.
Insurance
Includes temporary advances to the Railroad Unemployment
3/
the
Account in the Unemployment Trust Fund when the balance in
10
11
135
86
32
37
9
1963- July
August. ..
September.
October, .
November .
December.
^
12
515
528
505
.
February
1964
15
,
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 7.- Federal Old-Age and Survivors Insurance Trust Fundi/
(In millions of dollars)
Expenditures other than investments
Receipts
Fiscal year
or month
Total 2/
Appropriations
2/
Deposits by Net earnings
States 4/
on investments
Payments from
Railroad Retirement Account
^
Total
Treasury Bulletin
16
TRUST ACCOUNT AND OTHER TRANSACTIONS,
February
1964
17
TRUST ACCOUNT AND OTHER TRANSACTIONS
Table 10.- Unemployment Trust Fund
(In millions of dollara)
Treasury Bulletin
18
TRUST ACCOUWr AND OTHER TRANSACTIONS
Table 11*- National Service Life Inaurance Fund
(In millions of dollsLrs)
Expenditures other
than investments
Receipts
Fiscal year
or month
Total
19U-52.
Premiums and
other receipts
11,229.0
636.6
619.3
590.5
649.3
5,511.1
397.7
390.8
405.5
1957
1958
1959
I960
1961
1962
1963
Transfers from
general fund
Interest on
investments
Total
515.0
543.6
562.1
581.6
707.5
626.4
747.1
92.5
96.2
72.3
61.0
-39.8
37.5
-89.3
5,583.5
5,679.7
5,751.9
5,813.0
5,773.1
5,810.7
5,721.3
5,570.3
5,665.3
13.2
14.4
10.4
9.9
13.8
429.9
565.1
429.9
102.0
233.8
5,823.3
6,057.1
5,815.5
6,049.4
7.8
7.7
279.2
40.7
40.7
279.2
40.7
40.7
-227.6
-2.7
.6
5,542.5
5,539.8
5,540.4
5,537.7
5,535.8
5,533.8
4.8
4.0
6.6
37.7
35.2
31.4
37.7
35.2
31.4
2.9
3.0
175.0
5,543.3
5,546.3
5,721.3
5,537.7
5,540.2
5,713.9
6.
38.6
35.0
32.6
5.9
9.6
1.1
5,727.2
5,736.7
5,737.8
5,720.1
5,726.1
5,731.4
10.
35.8
29.7
31.6
11.1
2.9
8.7
5,748.9
5,751.8
5,760.5
5,740.4
5,745.4
5,752.2
8.
12,720.1
5,760.5
5,760.5
5,752.2
8.4
424.8
459.1
453.4
459.9
483.8
482.3
476.7
19.3
14.4
12.2
10.3
8.4
6.9
6.0
163.4
166.2
168.8
172.4
175.4
174.2
175.0
515.0
543.6
562.1
581.6
707.5
1964 (Est.)...
1965 (Kst.)...
667.1
663.7
485.9
484.7
7.0
5.7
174.3
173.3
1963-January,
February.
51.5
38.0
.6
.4
.4
3.5
41.3
47.5
37.5
40.9
40.6
38.2
206.4
39.9
37.7
34.8
.6
July
August.
September.
43.9
. .
44.4
44.6
33.7
October.
November.
December.
46.8
32.6
40.4
1941 to date-,.
18,480.6
.
#
.5
171.0
565.1
U.O
.5
.6
33.3
.3
38.6
35.0
32.6
46.3
32.1
40.0
.6
.5
.4
35.8
29.7
31.6
10,595.4
4,749.6
3,135.6
2,577.3
434.2
444.7
332.9
626.4
747.1
.1
.5
Invest- Unexpended
balance
ments
512.0
607.5
639.8
634.3
642.6
667.6
663.9
657.7
.
Total
65.0
54.8
28.5
3.0
9.9
ao.2
March.
in
5,190.6
5,249.5
5,272.5
5,345.6
5,481.1
5,973.4
588.0
622.6
537.8
512.0
April
May...
June.
(-),
assets
5,255.6
5,304.3
5,301.0
5,353.7
5,491.0
1,311.1
154.9
156.4
157.2
160.7
.
Special
dividends
Benefits
and refunds
end of period
5,255.6
48.7
-3.3
52.6
137.3
4,406.9
84.0
72.1
27.8
78.4
1953....
1954. .
1955....
1956....
Assets,
Net increase,
or decrease
12,720.1
Source:
See Table 1.
Note:
This fund was established by the National Service Life Insurance
Act of 1940 (38 U.S.C. 720).
3,396.0
153.3
177.8
154.9
5,7a.
5,803.1
5,759.4
5,803.5
5,713.9
7.1
7.4
5,
7.
7,
6.
6.
8.4
Less than $50,000.
Footnotep to Table 10
1/
2/
state unen^loyment funds; used for benefit payments mainly. Beginning
August 1961, withdrawals by States have been reduced by reimbursements
to State accounts from Federal Extended Compensation Account.
Established by the Employment Security Act of I960, approved September
13, I960 (42 U.S.C. 1101 (a)), into which are deposited tax receipts
transferred in accordance with the act (see "Budget Receipts and Expenditures," Table 1, footnote 12) and from which are paid the administrative expenses of the employment security program and reimbursement
for tax refunds.
Previously the corresponding amounts were included,
respectively, in budget receipts and budget expenditures, and only
the excess of receipts over expenditures, if any, was transferred
to the trust account by appropriation.
Receipts consist of appropriated
and unappropriated transfers of tax collections.
The Federal xinemployment tax allows to the taxpayer credit for contributions to
State unemployment funds up to 90 percent of the tax.
Net of repayments.
Excess of collections from Federal unemployment tax over expenditures
for benefits and administrative expenses each year is deposited in
this account to maintain a reserve of $200 million available for loans
to States when needed to replenish the balances in their accounts in
the trust fund.
Beginning 1961, these transfers are from the administration fund in the trust account; previously they were from the
general fund.
Any remaining excess is credited to the State accounts
(42 U.S.C. 1101 - 1103).
Established by the act approved March 24, 1961, (42 U.S.C. 1105 (a)),
which provides for a temporary program of extended unemployment
compensation payments.
For payment of benefits and refunds (45 U.S.C. 360).
Figures exclude
interim advance of $15 million from the Treasury and subsequent
repayment, both in 1940.
Contributions under the Railroad Unen^loyment Insurance Act of 1938,
as amended (45 U.S.C. 360 (a)), in excess of the amount specified for
administrative expenses ( see footnote 8)
Temporary advances are made when the balance in the Railroad Unemployment
,
2/
1/
i/
6/
7/
^
2/
10/
11/
12/
13/
1^
ly
16/
17/
Ig/
19/
20/
*
r
Insurance Account is insufficient to meet payments of benefits and
refunds due or to become due. Whenever the balance is sufficient to
pay such benefits and refunds, repayments are made, plus interest at
3if per annum, pursuant to an act approved May 19, 1959 (45 U.S.C.
360(d)).
Excess, if any, over specified balance at end of year is transferred
to the account (45 U.S.C. 361(d)).
Consists of a specified proportion of contributions deposited in the
fund to be available for administrative expenses.
The Railroad Unemployment Insurance Administration Fund was established in the Unemployment Trust Fund pursuant to the amending act of September 6,
1958; before that the administration fund was a separate trust fund
(45 U.S.C. 361).
Total includes $107.2 million transferred from State accounts to the
Railroad Unemployment Insurance Account in connection with its
establishment (45 U.S.C. 363).
Beginning fiscal 1961, refunds of taxes (principal only) are reported
as deductions from receipts. Interest paid on refunds of taxes is
included under expenditures. See footnote 16.
Total includes repayment to Treasury of $93.4 million, temporary unemployment condensation (1958 act).
Total includes repayment to Treasury of $190.0 million, temporary unen^jloyment oonpensation (1958 act), and $170.0 million for proposed
legislation.
Includes adjustments to monthly statement basis.
Includes small amounts for interest on refunds of taxes.
Includes interest.
Excludes adjustment pursuant to the act of September 6, 1953, (45
U.S.C. 361 (a)); see footnote 19.
Includes an adjustment of $7.2 million pursuant to the act of Septeaib
6, 1958 (45 U.S.C. 361 (a)); see footnote 10.
Includes unappropriated receipts beginning September 1960.
Less than $50,000.
Revised.
February
1964
19
TRUST ACCOUNT AND OTHER TRANSACTIONS
,
Table 12.- Investments of Specified Trust Accounts In Public Debt Securities
by Issues, as of December 31, 1963
{In millions of dollars)
Federal Old-Age
and Survivors
Insurance Trust
Fund
Public issues:
Treasury Notes:
5%
i-7/8
-
4.-5/8
-
4
-
3-5/8
3-3/4
3-5/8
-
Treasury Bonds:
2-1/2^
2-1/2
2-5/8
2-1/2
3-3/4
3-3/8
3-5/8
-
-
Series B-196i
Series C-196i
Series A-1965
Series
Series
Series
Series
25.0
Federal Disability
Insurance
Trust Fund
5.0
6.0
30.5
10.0
18.0
22.2
33.0
2-1/2
3-3/4
3-7/8
-
1967-72 (dated 10/20/41).
1968
1968
«
4
4
-
1969 (dated 8/15/62)
1969 (dated 10/1/57)
1970
3-7/8
4
4
-
1971
1971
1972 (dated 9/15/62)
4
4
3-7/8
-
-
1972 (dated 11/15/62)
1973
1974
4-1/4
3-1/4
3-1/2
-
1975-85
1978-83
1980
449.4
4
3-1/4
4-1/4
-
1980
1985
1987-92
153.1
25.7
10.0
30.2
4
4-1/8
3-1/2
-
91.3
556.2
66.6
-
1988-93
1989-94
1990
3
-
1995
1998
Investment Series B-1975-
3-1/2
2-3/4
-
Total public issues
Special issues;
Certificates:
3-1/4?
3-3/8
4
4-1/8
-
Series
Series
Series
Series
-
Series 1964 to 1967
Series 1965 to 196S
1964
1964
1964
1964
39.0
5.5
27.7
34.2
10.0
7.0
5.0
17.4
8.8
20.0
57.5
5.0
26.0
100.0
38.0
32.5
5.0
5.0
25.0
60.2
5.0
5.0
8.5
85.2
552.0
1,064.9
5.0
3,526.2
192.1
260.8
85.5
29.9
95.5
Notes:
3-3/4?
4
-
22.1
740.4
Bonds:
2-1/2?
2-5/8
2-1/2
3-3/4
4
3-3/4
3-7/8
3-7/8
-
-
Series
Series
Series
Series
Series
to 1968
to 1975
and 1968
to 1977
to 1978
1,919.1
8,404.0
Series 1975 and 1976
Series 1977 and 1978
Series 1978
1,240.1
1,738.5
Total special issues
Net unamortized premium and discount
Accrued interest purchased
Total investments
1966
1966
1967
1967
1969
10.0
16.0
38.5
A-1966
B-1966
A-1967
B-1967
1964-69 (dated 4/15/43).,
1964-69 (dated 9/15/43)..
1965
1965-70
1966
1966
1967
4
20.0
Unen^loyment
Trust Fund
7.4
-
-
Railroad
Retirement
Account
1,159.4
67.5
492.6
1,850.9
153.6
13,647.9
1,925.1
-20.7
-2.0
2,686.8
.1
17,153.5
2,115.4
3,484.7
15.8
146.0
51.5
7.0
Treasury Bulletin
20
•CONSOLIDATED CASH TRANSACTIONS
Consolidated cash transactions reported in the Treasury
Bulletin are on a basis consistent with Federal receipts from
and payments to the public as derived in the Budget of the
United States (in the Budget for 1965 in Special Analysis A).
Shown also is the amount of net cash borrowing from, or repayment of borrowing to, the public. Revisions of the figures for
earlier years have been made where necessary to make them as
nearly comparable with cxirrent Budget classifications as available data will permit. For this reason certain of the figures
differ somewhat from those published in previous Budget doccuments as well as in the Bulletin.
This series of cash transactions is designed to provide
information on the flow of money between the public and the
Federal Government as a whole, and therefore includes transactions not cleared through the account of the Treasurer of
the United States. Receipts and payments include transactions
both in administrative budget accounts and in trust and deposit
fund accounts. Major intragovernmental treinsactions which are
reported as both expenditures and receipts are excluded from
Noncash items representing the obligations of the
both.
Government to make payments in the future also are eliminated
from expenditures currently, but are added later when actual
payments are made. These items consist of certain interest
accrued on the public debt and expenditures involving the
issuance of a few special public debt securities. Checks
outstanding, deposits in transit, and other clearing accounts
are excluded from payments. Receipts from the exercise of
monetary authority are excluded as not representing cash
received from the public. Federal cash borrowing from the
public includes net borrowing ty the Treasury through public
debt transactions and also net borrowing by Government agencies
and Government-sponsored enterprises through sales of their
own securities. It excludes changes in the public debt which
do not represent direct cash borrowing from the public. The
net effect of all these transactions with the public is reflected in changes in the balance in the Treasurer's account
and in cash held outside the Treasury.
...
,
February
1964
21
CONSOLIDATED CASH TRANSACTIONS
Table 1.- Summary of Federal Government Cash Transactions with the Public
(In millions of dollars)
Federal receipts from the public
Fiscal year
or month
Fiscal year;
1957
1958
1959
I960
1961
1962
1963
Administrative budget
receipts
Trust
and other
receipts
(net)
(net)
Intragovernmental and
other
noncash
transactions
(See Table 2)
Less:
Total
Federal
receipts
from the
public
70,562
68,550
67,915
77,763
77,659
81,409
86,376
14,301
16,153
16,769
20,342
23,583
24,290
27,689
-2,758
-2,811
-3,025
-3,027
-4,001
-3,834
-4,326
82,105
81,892
81,660
95,078
97,242
101,865
109,739
196i (Est.)...
1965 (Est.)...
88,400
93,000
30,163
30,872
-4,197
-4,130
1963-July
August.
September
October.
November.
December.
3,547
7,290
10,095
3,400
7,131
8,803
1,419
3,887
.
1964- January.
Fiscal year 196i to date.
Administrative budget
expenditures
(net)
68,966
Federal pajnnents to the public
Trust and
other
expenditures (net)
Intragovernmental and
other
noncash
transactions
tSee Table 2)
80,342
76,539
81,515
87,787
92,642
80,006
83,472
94,752
94,328
99,542
107,662
113,751
2,099
-1,580
-13,092
750
-2,300
-5,797
-4,012
114,366
119,742
98,405
97,900
29,315
29,372
-5,016
-4,581
122,704
122,690
-8,338
-2,948
4,693
10,960
11,652
4,423
9,617
10,503
7,863
8,305
7,815
8,776
7,784
2,651
2,438
2,515
2,592
1,955
-468
1,289
2,749
2,230
-273
-216
-274
-266
-264
-530
8,239
2,661
73
-881
10,045
11,287
9,549
10,740
9,812
10,069
-5,353
-328
2,102
-6,318
-194
433
5,853
1,088
-313
6,628
8,492
2,257
-902
9,848
-3,219
46,118
14,492
-2,136
58,475
57,324
17,069
-3,043
71,351
-12,876
Public
debt increase, or
1
,
830
,
545
-781
-629
Cash borrowing from the public, or repayment (-)
Net sales
of Government agency
Net investment
in secu-
rities by
Government
agencies 2/
decrease (-)
securities in
market l/
-2,224
5,816
8,363
1,625
2,640
9,230
7,659
1,171
400
1,293
1,746
-537
1,780
1,022
-2,339
-597
1,130
-925
-855
-493
-2,069
1964 (Est.)...
1965 (Est.)...
5,940
5,200
1,681
-2,U6
581
-2,338
1963-July
August.
September
October,
November.
December.
-1,025
1,700
100
-193
1,773
1,132
171
328
265
296
-179
767
-770
2,717
.
1964-January.
Fiscal year 1964 to date.
Total
securities
held by
the public,
increase, or
decrease (-)
-3,392
Noncash
debt
transactions
(See Table 2)
292
200
-2,160
-597
Total
cash
Plus:
borrowing
from the
public,
or repayment (-)
Equals:
Cash balances,
net increase, or
decrease (-)
Seigniorage
Treasurer'
2/
account
49
-956
4,159
-4,399
2,654
-1,311
3,736
1,686
s
Cash held
outside
the
Treasury
Total
changes
in the
cash
balance
5
-952
140
-23
-4
-222
118
-74
4,299
-4,422
2,651
-1,533
3,854
1,611
-536
-923
-1,033
-3,100
5,820
8,626
1,848
712
9,594
5,579
45
5,176
3,443
-810
-550
4,366
2,893
50
55
-3,916
1,253
-1,784
575
1,101
-481
-260
399
244
941
1,204
1,112
1,639
-128
-116
-101
-78
-163
-128
271
128
2
4
839
5
-43
9
1,126
949
1,511
6
-5,118
-152
2,933
-5,273
760
2,105
-151
-5,079
-196
2,947
-5,136
759
1,953
-289
1,328
269
-86
183
-3,111
84
-3,027
1,359
1,732
-800
5,007
-7,852
24
-7,828
5,619
10,785
2,446
1,248
10,517
6,612
Source: Actual figures are based on the monthly statement of receipts and
expenditures of the Government and the daily Treasury statement (for
explanation of reporting bases, see pagell); estimates, including effect
of proposed legislation, are from the 1965 Budget document released
1/
to the
public
-1,899
-3,222
-5,111
-3,423
-4,766
-5,266
-5,436
Plus:
Fiscal year:
1957
1958
1959
1960
1961
1962
1963
payments
12,938
15,325
19,521
21,212
22,793
25,141
26,545
71 369
Change in securities held by the public
Fiscal year
or month
Equals:
Excess of
cash
receipts from,
or payments
to (-), the
public
Total
Federal
January 21, 1964.
See "Trust and Other Transactions", Table 5, for net sales and redemptions
of Government agency securities in market.
2/
2/
59
44
53
55
58
5
9
41
-3,921
39
87
See "Trust and Other Transactions", Table 4, for net Investments
in public debt and agency securities.
Includes increment resulting from reduction in the weight of the
gold dollar; excluded from receipts from the public but included
in cash deposits in the Treasurer's account.
Treasury Bulletin
22
'CONSOLIDATED CASH TRANSACTIONS
Table 2.- Intragovernmental and Other Noncash Transactions
(In millions of dollars)
Intragovernmental transactions excluded from both receipts and payments
Civil Service retirement 1/
Fiscal year
or month
Interest
on trust
fund
investments
Payroll
deductions
for em-
Employers'
share
Federal
payments
to District
of Columbia
66
37
Other
Total
158
133
103
105
792
561
898
2,709
2,751
2,980
2,975
3,945
3,776
4,281
Noncash
debt
transactions
relating
to receipts
Seigniorage
ployees
Fiscal year:
1957
1958
1959
1960
1961
1962
1963
1,318
1,342
1,315
1,327
1,404
1,423
1,467
641
660
525
579
7U
744
838
845
914
744
744
838
914
74
102
88
1964 (Est.)...,
1965 (Est.)...,
1,578
1,657
941
954
941
954
94
530
4,U7
134
378
4,075
1963- July
August,
September
October.
November.
December
4
77
76
83
77
77
76
26
4
7
87
41
13
62
49
302
16
81
81
81
81
,
,
,
.
1964- January.
Fiscal year 1964 to date.
11
86
433
562
845
83
77
562
75
54
4
3
46
1
57
271
213
269
259
259
521
27
94
303
422
2,095
82
39
49
'
Total
receipts
adjustments
.
.
1964
FebTuary
23
,
Source
ernd
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Availability of the Balance In the Treasurer's Account
The account of the Treasurer of the United States reflects not only budget receipts and expenditures but sdso
trust, deposit fund, and public debt transactions.
The working cash of the Treasury is held mainly in
Treasurer's accounts with Federal Reserve Banks and branches.
On occasions, to the extent authorized by the
Treasury, banks are permitted to deposit in these accounts
proceeds from subscriptions to public debt securities entered
the same bank.
for their own account as well as for the account of their
customers.
they are
The tax and loan account system permits the Treasury
restored by calling in (transferring) funds from the tax and
to leave funds in banks and in the communities in which they
loan accounts with thousands of commercial banks throughout
arise until such time as the Treasury needs the funds for its
the country.
operations.
As the balances in these accounts become depleted,
Deposits to tax and loan aocounts occur in the normal
course of business under a uniform procedure applicable to
all banks whereby customers of banks deposit with them tax
payments and funds for the purchase of Government eeouritlee.
In most cases the transaction involves merely the transfer of
In this way the Treasury is able to neutralize
the effect of its fluctuating operations on bank reserves
and the economy.
A detailed description of the Treasury's depositary
system may be found in the Annual Report of the Secretary
of the Treasury for 1955, pages 275-284.
money from a customer's account to the tax and loan account In
Table 1.- Statue of the Account of the Treasurer of the United States
(In millions of dollars)
Assets
Treasury operating balance
End of
fiscal
year or
Available
funds in
Federal
Reserve
Banks
month
Tax and loan
accounts in
special
depositaries
Gold in
Treasury
fund
196i- January
74 2/
342
313
12,116
162
93
234
284
7,586
7,509
148
142
158
39
33
105
202
168
188
235
275
309
6,998
6,84o
9,733
6,998
6,846
9,783
6,622
152
135
133
60
130
173
193
174
183
269
288
264
4,510
5,270
7,375
4,510
5,270
7,375
3,368
162
134
224
376
4,264
4,264
136
6,814
6,324
6,229
9,025
3,837
881
2,839
890
880
3,521
5,621
117
133
120
4,5U
791
2,451
126
629
705
948
October
November
December
8,092
6,769
10,509
131
597
1963-July
.
375
335
441
126
1962-December
135
118
U7
337
222
303
64
70
5,564
5,389
7,958
10,324
of U. S.
5,451
6,092
806
Balance in
account of
Treasurer
429
11,251
1963
Liabilitie
1/
6,037
9,990
121
106
109
1962
6,i58
5,453
8,815
depositaries
Total
assets
365
120
3,7W
50i
i08
612
In other
440
253
179
147
535
401
101
In Federal
Reserve
Banks in
process of
collection
302
287
273
7,063
5,969
9,548
I960
i,082
8,218
.
etc
49
63
489
OO
September.
Unclassified
collections,
190
259
306
iCS8
Aug-ast
Silver,
coin, and
currency
5,069
9,030
4,380
1957
1958
1959
1961
Total
operating
balance
Source:
Daily Treasury statement.
1/ Includes reserves and other deposits of the Board of Trustees, Postal
Savings System, and uncollected items, exchanges, etc., through
December 1962, Effective January 1963 balances of the Postal Savings
System funds were transferred to deposit fund accounts and became
demand obligations of the Treasury. Balances of these funds, therefore, are no longer liabilities within the general account of the
Treasurer. Uncollected items, exchanges, etc., also previously shown
as liabilities were combined with "Unclassified collections, etc."
shown under assets.
Treasurer's checks outstanding are included
37
58
2/
^
240
100 2/
87
75
79
5,590
9,749
5,350 2/
8,005
6,694
10,430
12,116
through June 1958, after which they are included in the balance in
(See footnote 2).
the Treasurer's account.
Through June 1958, the balance of the Treasurer was reduced when
Treasurer's checks were issued and the amount of the checks was
carried as a liability until paid. Effective July 1958, the balance
is not reduced \mtil the checks are paid, a procedure also applying
to checks drawn on the Treasurer by Government disbursing officers
and agencies.
Amounts shown, beginning fiscal 1963, are net of uncollected items,
exchanges, etc. Previously these items were included under liabilities.
.
.
.
Treasury Bulletin
24
.
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table 2.- Analysis of Changes In Tax and Loan Account Balances
(In millions of dollars)
Balance
Credits
Proceeds from sales of securities ly
Fiscal year
or month
Savings
bonds
Retirement
plan
bonds
During period
Income (by
Tax
anticipation
securities
Other
Withheld
special
and
arrangeexcise 2/ ment) 2/
Total
credits
Withdrawals
End of
period
High
Low
Average
1957
1958
1959
2,976
2,82i
2,668
5,Oi3
2,922
7,581
6,568
13,513
13,164
26,709
27,881
29,190
4,152
7,903
5,919
45,448
55,044
58,520
46,000
50,908
62,994
4,082
8,218
3,74A
6,078
8,869
8,055
813
1,078
912
2,987
3,246
3,638
I960
7,784
7,613
5,898
7,920
1,788
3,774
33,059
34,511
37,519
6,053
9,142
6,521
57,496
55,842
56,438
54,782
56,847
53,076
6,458
5,453
8,815
6,458
7,653
8,889
1,390
1962
2,679
2,787
2,725
4,103
4,151
4,457
1963
2,699
2,963
3,830
1961
1,161
1,531
41 ,267
6,835
57,595
56,085
10,324
10,324
2,535
5,325
1962-Deoeraber.
209
3,933
1,596
5,738
5,374
6,092
6,188
2,735
4,560
1963-July
August.
September
253
1,638
4,943
4,400
79
6,730
5,350
5,765
5,564
5,389
7,958
10,257
5,839
8,100
5,432
4,011
7,076
3,730
1,970
5,175
8,335
3,169
5,432
October.
November.
December.
222
200
1,412
60
6,813
4,022
4,792
2,839
8,090
3,618
5,970
2,434
3,521
5,621
2,428
4,565
3,076
4,082
4,995
2,451
6,005
2,166
3,405
.
1964- January.
231
204
221
475
302
Source:
Office of Fiscal Assistant Secretary; figures are on basis of
telegraphic reports,
1/ Special depositaries are permitted to make payment in the form of a
deposit credit for the purchase price of U. S. Government obligations
purchased by them for their own account, or for the account of their
customers who enter subscriptions through them, when this method of
payment is permitted under the terms of the circulars inviting subscriptions to the issues.
2/ Taxes eligible .for credit consist of those deposited by taxpayers .in
the depositary banks, as follows: Withheld income tax beginning
4,504
4,449
1,748
1,694
4,704
6,892
1,499
23
1,825
2/
»
2,241
5,081
March 1948; taxes on employers and employees under the Federal
Insurance Contributions Act beginning January 1950, and under the
Railroad Retirement Tax Act beginning July 1951; and a number of
excise taxes beginning July 1953.
Under a special procedure begun in March 1951 , authorization may be
given for income tax payments, or a portion of them, made by checks
of $10,000 or more drawn on a special depositary bank, to be credited
to the tax and loan account in that bank.
This procedure is
followed during some of the quarterly periods of heavy tax payments.
Less than $500,000.
s
..
February
1964
25
»
ACCOUNT OF THE TREASURER OF THE UNITED STATES
Table 3.- Summary of Cash Transactions through the Account of the Treasurer
of the United States
(In millions of dollars)
Net cash transactions other than borrowing
Period
Deposits and withdrawals (budget,
trust, and other accounts)
Excess of deposits,
or withdrawals (-)
Clearing
accounts
Total net
transactions
Plus:
Net cash borrowing, or repayment of
borrowing
(-)
Treasurer'
account balance, increase, or decrease (Equals:
Cash
deposits
Cash withdrawals 1/
81,875
82,094
81,612
77,279
85,015
93,736
4,596
-2,921
-12,124
-1,904
1,827
-306
2,692
-1,094
-12,430
-3,648
5,253
8,032
-956
4,159
-4,399
1960
1961
1962
1963
94,862
96,897
105,911
114,454
93,817
97,774
112,188
118,477
1,0U
-877
-6,278
-4,023
309
-510
1,259
1,039
1,353
-1,387
-5,018
-2,984
1,301
76
8,755
4,670
2,654
-1,311
3,736
1,686
196i (Est.)..
1965 (Est.)..
114,416
119,797
122,699
122,690
-8,283
-2,893
-8,283
-2,893
4,366
2,893
-3,916
S^tember.
5,512
11,764
11,654
10,339
11,857
9,142
-4,826
-94
2,512
-477
-85
-332
-5,303
-179
2,180
185
26
758
-5,118
-152
2,938
October. .
November.
December.
4,852
10,123
10,401
11,232
10,354
9,261
-6,380
-230
150
l.Ul
-433
-6,229
-229
708
956
988
1,397
-5,273
760
2,105
7,278
11,084
-3,806
520
-3,285
174
-3,111
61,585
73,268
-11,683
-654
-12,337
4,485
-7,352
Fiscal year:
1957
1958
1959
1963- July
August
.
.
1964- January.
.
.
F.I. 1964. to date.
Actual figures are based on the daily Treasury statement; estimates,
including effects of proposed legislation, are from the 1965 Budget document, released January 21, 1964.
Figures in the first four columns of
this table may differ somewhat from those originally published in the
daily Treasury statement because of subsequent reclassification of
certain transactions.
Source:
2/
2
1/
2/
Beginning with the February 1963 Bulletin figures have been revised,
as shown in daily Treasury statements beginning January 2, 1963, to
exclude transactions of clearing accounts.
Previously included under cash withdrawals. See footnote 1.
26
Treasury Bulletin
DEBT OUTSTANDING
Table 1.- Summary of Federal Securities
(In millions of dollars)
.
..
February
1964
27
DEBT OUTSTANDING
Table 3,- Interest -Bearing Public Debt
(
In millions of dollars)
Public issues
Total
interestbearing
public
debt
Total
public
issues
1957.
1958.
1959.
268,486
274,698
281,833
221,658
228,452
237,078
i960.
1961.
1962.
283,241
285,672
294,442
1963
End of
fiscal
year or
month
I
I
J
I
!
Marketable
Nonmarke table
Bills
Certificates
155,705
166,675
178,027
23,420
22,406
32,017
20,473
32,920
33,843
30,973
20,416
27,314
238,342
240,629
249,503
183,845
187,148
196,072
33,415
36,723
42,036
17,650
13,338
13,547
301,954
257,153
203,508
47,230
1962-Deo..
299,209
255,784
203,011
1963- July.
Aug..
Sept.
300,938
302,525
302,664
257,214
257,006
258,014
Oct..
Nov. .
Dec.
302,458
304,093
305,213
1964- Jan..
304,499
Total
Notes
Treasury
bonds 1/
2/
^
Depositary
bonds
Foreign
series
securities 2/
Total
savings
bonds
80,839
90,932
84,853
65,953
61,777
59,050
54,622
51,984
50,503
11,135
9,621
8,365
196
171
183
51,483
56,257
65,464
31,297
80,830
75,025
54,497
53,481
53,431
47,544
47,514
47,607
6,783
5,830
4,727
170
117
138
860
22,169
52,145
81,964
53,645
48,314
3,921
103
648
48,250
22,710
53,679
78, 371
52,772
47,535
4,U3
110
203,491
203,233
204,282
47,222
47,219
48,218
22,169
16,988
15,494
52,154
58, 562
54,114
81,946
80,463
86,456
53,723
53,773
53,732
48,427
48,597
3,899
3,882
3,813
259,175
260,540
261,555
205,347
206,551
207,571
49,720
50,521
51,539
15,493
10,939
10,939
53,695
58,666
58,680
86,439
86,424
86,413
53,828
53,989
53,984
48,687
48,793
48,827
262,581
208,589
52,547
10,939
56,444
88,658
53,993
48,925
Daily Treasury statement,
Includes $50 million of Panama Ganal bonds for fiscal years 1957-60.
Consists'of certificates of indebtedness and from January 1963 Treasury
notes sold to foreign governments for U.S. dollars.
Consists of the dollar equivalent of Treasury certificates of
Source:
(|l/
Treasury
bonds,
investment
series
4/
48, 549
Special
issues
Foreign
currency
series
securities 2/
Other
46, 827
46,246
44,756
75
19
25
44,899
45,043
44,939
630
29
44,801
360
299
26
43,426
103
102
101
610
505
488
655
705
705
29
29
43,724
45,519
44,650
3,719
3,704
3,685
99
559
29
98
98
632
582
735
735
760
28
32
43,283
43,553
43,658
3,649
97
505
760
56
41,917
28
indebtedness and from October 1962 Treasury bonds issued and
payable in designated foreign currencies.
Includes mainly Treasury bonds. Rural Electrification Administration series beginning July 1960 and retirement plan bonds beginning
January 1963.
Table 4.- Average Length and Maturity Distribution of Marketable Interest-Bearing Public Debt
1/
(In millions of dollars)
Maturity classes
End of
fiscal year
or month
1
jl
J!
I
^'l
Within
year
1-5
5
years
years
1
- 10
10 - 20
20 years
years
and over
Average length
1957.
1958.
1959.
155,705
166,675
178,027
71,952
67,782
72,958
40,669
42,557
58,304
12,328
21,476
17,052
26,407
27,652
21,625
4,349
7,208
8,088
4 yrs.
5 yrs.
4 yrs.
9 mos.
3 mos.
7 mos.
I960.
1961.
1962.
1963
183,845
187,148
196,072
203,508
70,467
81,120
88,442
85,294
72,844
58,400
57,041
58,026
20,246
26,435
26,049
37,385
12,630
10,233
9,319
8,360
7,658
10,960
15,221
14,444
4 yrs.
4 yrs.
4 yra.
5 yrs.
4 mos.
6 mos.
11 mos.
1 mo.
1962-December.
203,011
87,284
61,640
33,983
4,565
15,539
4 yrs.
11 mos.
1963- July
August. .
September.
203,491
203,233
204,282
85,286
85,976
83,070
58,035
60,856
58,085
37,376
33,622
39,100
8,359
8,359
8,358
14,435
14,420
15,669
5
205,347
206,551
57,678
56,660
58,487
39,097
37,500
35,682
8,358
8,358
8,357
15,658
15,648
15,642
5
207, 571
84,556
88,385
89,403
208,589
88,
U5
57,509
37,900
8,357
16,378
.
October.
November.
December.
.
1964- January
I
Amount
outstanding
.
.
Source:
Office of Debt Analysis in the Office of the Secretary.
All issues are classified to final maturity except partially tax-exempt
li/
5
5
yrs.
yrs.
yrs.
mo.
mo.
3 mos.
5
yrs.
yrs.
yrs.
1 mo,
5
yrs.
1 mo.
5
2 mos.
2 mos.
bonds, which have been classified to earliest call date.
The last of
these bonds were called on August 14, 1962, for redemption on
December 15, 1962.
28
.
February
.
1964
29
_DEBT
OUTSTANDING
Table 6.- Treasury Holdings of Securities Issued by Government
Corporations and Other Agencies
(In millions of dollars)
Agriculture Department
End of
fiscal
year or
month
Total
Agency
for
International
Development 1/
Rural
Commodity
ElectriCredit
fication
CorpoAdminisration
tration
Housing and Home
Finance Agency
Secretary: ExportImport
Farmers'
Bank of
Home
WashAdminisington
tration
programs
2/
Federal
Adminis- National
trator
Mortgage
Association
^
i/
32
25
50
3,166
83
121
25
1,640
1,986
2,682
2,642
2,609
54
96
50
50
61
123
123
123
75
1,730
1,730
1,730
1,922
1,912
1,912
34
34
35
2,115
2,140
2,180
2,580
2,558
2,543
39
37
65
123
123
122
50
50
50
1,730
1,730
1,730
1,911
1,911
1,911
35
35
35
2,220
2,556
154
122
75
1,730
1,910
34
1,205
1,528
1,937
282
476
730
1,741
1,502
2,351
41
35
I960.
1961.
1962.
1963.
25,636
26,011
28,634
29,166
1,138
1,107
1,062
12,704
11,534
12,990
13,599
3,155
3,332
3,484
3,657
369
456
854
1,027
1,636
1,698
1,830
1,476
977
1,213
1,567
2,005
2,338
3,202
3,167
2,716
29
32
1962-December.
28,748
818
12,884
3,572
973
1,680
1,778
1963- July
August. . .
September.
27,335
27,723
757
757
7U
757
11,880
12,205
12,280
3,737
3,737
3,737
1,053
1,062
1,067
1,281
1,290
1,275
2,033
2,085
2,085
28,149
28,490
28,748
756
756
746
12,618
12,913
13,250
3,830
3,830
3,749
1,104
1,105
1,093
1,259
1,302
1,274
29,131
746
13,361
3,839
1,145
1,239
11/
vances by the Treasury from public debt receipts under congressional
authorization for specified government corporations and other agencies
to borrow from the Treasury.
Further detail may be found in the 1962
Annual Report of the Secretary of the Treasury, page 850, and the 1963
Combined Statement of Receipts, Expenditures and Balances of the United
States Government, pages 505-506.
And predecessor agencies.
Beginning fiscal 1957 figures exclude notes
previously issued by the Administrator in connection with informational
media guaranties. The obligations for these notes was assumed by the
Director of the United States Information Agency, pursuant to the act
approved July 18, 1956 (22 U.S.C. 1442), and the notes together with
others issued for the same purpose are included in "Other."
Farm housing and other loan programs, and Agricultural Credit Insurance
Fund ( formerly Farm Tenant Mortgage Insurance Fund)
Includes securities transferred from the Reconstruction Finance Corporation, but excludes securities issued under the Defense Production
Act.
iK
Consists of notes issued to borrow for;
The urban renewal program
^
6/
27
18
22
21
22
22
29
(formerly slum clearance program); college housing loans; and public
facility loans.
Consists of liabilities taken over by the Association from the
Administrator in accordance with the act approved August 2, 195'*) and
notes issued by the Association under authority of that act (12 U.S.C.
1719 (c), 1720 (d), and 1721 (d)) and also securities transferred from
the Reconstruction Finance Corporation.
The Administrator, General Services AdministraConsists of notes of:
tion, for defense materials procurement; the Secretary of Agriculture;
the Secretary of the Interior (Defense Minerals Exploration Administration)
the Export- Import Bank of Washington through March 1962;
and the Secretary of the Treasury.
Secretary of the Treasury; Small
Consists of notes issued by the:
Business Administration, fiscal years 1956 and 1957; United States
Information Agency for informational media guaranties beginning fiscal
1957 (see footnote 1); Secretary of Commerce (Maritime Administration)
for the Federal Ship Mortgage Insurance Fund fiscal years 1959-61, and
1963-6i beginning March 1963; Virgin Islands Corporation beginning
fiscal I960; and District of Columbia Commissioners for the Stadium
Sinking Fund beginning June 1962.
;
7/
21
1,970
1,964
1,976
1,923
265
256
323
Source: Daily Treasury statement.
Note:
These securities were issued to the Treasury in exchange for ad-
6/
1,180
1,330
1,530
1,730
2,519
2,728
2,923
.
Other
2/
118
121
121
123
13,383
11,528
12,874
1964- January.
program
Under
Defense
Production
Act
of 1950
1,294
1,723
1,950
1,198
1,188
1,164
.
Veterans'
Administration:
Direct
loan
733
780
930
22,731
21,859
25,343
27,
Tennessee
Valley
Authority
48
97
112
1957.
1958.
1959.
October.
November.
December.
'
Public
Housing
Administration
Saint
Lawrence
Seaway
Development
Corporation
.
!
30
Treasury Bulletin
.
DEBT OUTSTANDING
,
Table 7.- Interest-Bearing Securities Issued by Federal Agencies But Not
Guaranteed by the United States Government
(
End of fiscal
year or month
Total
Banks for
cooperatives
In millions of dollars)
Federal
home loan
banks 1/
Federal
intermediate
credit banks
Federal land
banks 2/ 2/
Management
and liquidating issues
6,708
179
199
284
73f
456
992
924
1,159
1,456
1,552
1,646
1,888
I960
1961
1962
8,407
7,765
9,332
330
382
430
1,259
1,055
1,797
1,600
1,723
1,855
2,137
2,357
2,550
1963
10,192
459
2,770
2,133
1962-December.
10,133
504
2,707
1,727
1963- July
August
September.
. .
10,322
10,624
10,870
459
473
473
2,816
3,036
3,299
October. .
November.
December.
11,151
10,958
11,705
526
526
588
11,395
588
1957
1958
1959
5,013
5,^23
.
196A-January.
.
Federal National
Mortgage Association
570
797
797
Tennessee
Valley
Authority
All other
issues
1,050
1,165
1,290
2,284
2,198
2,556
145
2,725
1,960
U5
2,628
2,422
145
2,202
2,232
2,233
2,725
2,796
2,796
1,950
1,916
1,899
170
170
170
3,599
3,599
4,363
2,139
2,027
1,952
2,834
2,834
2,834
1,884
1,792
1,788
170
180
180
4,043
1,964
2,834
1,786
180
Source:
Office of Debt Analysis and agency reports.
Note:
The secxirities shown in the table are public offerings.
1/ The proprietary interest of the United States in these banks ended
in July 1951.
2/
2/
797
50
The proprietary interest of the United States in these banks ended in
June 1947.
Figures do not include securities which are issued for use as collateral for commercial bank borrowing and not as a part of public
offerings.
Includes small amounts owned by Federal land banks.
:
February
1964
31
STATUTORY DEBT LIMITATION
June 30, 1959 (act of February 26, 1958); $10 billion from
July 1, 1959, through June 30, I960 (act of June 30, 1959); -$8
billion fron July 1, I960, through June 30, 1961 (act of June
30, I960); 113 billion from July 1, 1961, through March 12,
The Second Liberty Bond Act (31 U.S.C. 757b), as amended by
act approved June 30, 1959, provides that the face amount of
oblijibions issued under authority of that act, and the face
amount of obligations guaranteed as to principal and interest
by the United States (except guaranteed obligations held by
the Secretary of the Treasury) shall not exceed in the aggregate -$285 billion outstanding at any one time. The corresponding limitation in effect under the act of June 26, 1946,
was 5275 billion and that under the act of September 2, 1958,
In addition, temporary increases have been
was $233 billion.
authorized as follows:
$6 billion from August 28, 1954-,
through June 30, 1956 (acts of August 28, 1954, and June 30,
1955); $3 biUion from July 1, 1956, through June 30, 1957 (act
of July 9, 1956); |5 billion from February 26, 1958, through
"an
1962, and 5l5 billion from March 13 through June 30, 1962 (acts
of June 30, 1961, and March 13, 1962); $23 billion from July
1,
1962, thro'ogh March 31, 1963, |20 billion from April 1 through
May 28, 1963, |22 billion from May 29 through June 30, 1963,
and 524. billion from July 1 through June 30, I964 (acts of
July 1, 1962, May 29, 1963, August 27, 1963, and November 26,
1963, and an additional $6 billion, making a total of |30 billion, from December 1, 1963, through June 29, 1964 (act of
November 26, 1963).
Table !•- Status Under Limitation January 31, 1964
(In millions of dollars)
Maximum amount of securities which may be outstanding at any one time under limitation imposed by the act
of June 30, 1959 (31 U.S.C. 757b), as increased temporarily by the act of November 26, 1963
Amount of securities outstanding subject to such statutory debt limitation:
U, S. Government securities issued under the Second Liberty Bond Act, as amended
Guaranteed securities held outside the Treasury
315,000
308,213
762
Total amount of securities outstanding subject to statutory debt limitation
308,975
Balance issuable under limitation
Source;
6,025
Daily Treasury statement.
Table 2.- Application of Limitation to Public Debt and Guaranteed Securities
Outstanding January 31, 1964
(In millions of dollars)
Subject to statutory
debt limitation
Class of security
Not subject to statutory
debt limitation
Total
outstanding
Public debt :
Interest-bearing securities:
Marketable:
Treasury bills
Certificates of indebtedness
Treasury notes
Treasury bonds
52,547
13,939
56,
208,589
Total marketable
Nonmarketable
Foreign series:
Certificates of indebtedness
Treasury notes
Foreign currency series:
Certificates of indebtedness
Treasury bonds
Treasury certificates
Treasury bonds
U. S. savings bonds ( current reden^ition value)
U, S. retirement plan bonds
Depositary bonds
Treas\iry bonds, investment series
Treasury bonds, R, E. A. series
,
,
,
,
,
,
,
Total nonmarketable
Special issues to Government agencies and trust funds
Total interest-bearing securities
,
,
Matured securities on which interest has ceased
Debt bearing no Interest:
United States savings stanqjs
Excess profits tax refund bonds
Special notes of the United States:
International Monetary Fund series
International Development Association series
Inter-American Development Bank series
Special bonds of the United States:
United Nations Children' s Fund series
United Nations Special Fund series
United States notes (less gold reserve)
Deposits for retirement of national bank and Federal Reserve Bank note;
Other debt bearing no interest
,
,
,
,
,
,
Total debt bearing no interest
,
Total public debt
Guaranteed securities:
Interest-bearing
Matured
U4
88,658
1/
Total guaranteed securities
Total public debt and guaranteed securities
,
52,547
10,939
56,
AU
88,658
Treasury Bulletin
32
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding January 31, 1964
Other Than Regular Weekly Treasury Bills
February
1964
33
PUBLIC DEBT OPERATIONS
Table 1.- Maturity Schedule of Interest-Bearing Public Marketable Securities
Outstanding January 31, 1964
Other Than Regular Weekly Treasury Bills - (Continued)
..
Treasury Bulletin
34
_ PUBLIC
DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
(Amounts In
mllHone of dollars)
Description of new issue
Issue date
Number of
days to
maturity 1/
Maturity
date
Amount of
bids
tendered
Amoimt of bids accepted
Total
amount
On conyetitive basis
On noncoTipetitive basis 2/
In
exchange
Amount
maturing on
issue date
of new
offering
Total of
unmatured
Issues outstanding sfter
new issues
Regular weekly bills:
1963-Oct.
/l964-Jan.
2
Apr.
2
3
I
91
182
2,046.0
1,203.1
1,300.8
798.2
1,079.9
740.2
220.9
58.0
172.5
52.5
1,300.6
800.0
16,908.2
20,811.9
Oct.
10
Jan.
Apr.
9
9
91
182
2,274.6
1,260.2
1,301.3
800.3
1,037.4
728.6
263.8
71.7
145.8
43.9
1,300.3
801.4
16,909.2
20,810.8
Oct.
17
Jan.
Apr.
16
16
91
182
2,178.9
1,306.1
1,300.4
800.4
969.7
715.4
330.7
85.0
85.6
24.7
1,300.3
800.4
16,909.3
20,810.7
Oct.
2J,
Jan.
Apr.
23
23
91
182
2,264.6
1,277.8
1,302.4
799.7
1,043.2
729.0
259.2
70.7
140.0
53.4
1,300.1
801.1
16,911.6
20,809.4
6
28
Feb.
Feb.
Feb.
Feb.
Mar.
Mar.
Mar.
Mar.
Apr.
Apr.
2,107.7
1,000.9
996.6
4.3
9
101
108
115
122
129
136
143
150
157
164
Jan.
Apr.
30
30
91
182
1,866.7
1,545.5
1,300.3
800.3
1,050.1
729.9
250.2
70.4
65.4
23.4
1,300.7
800.9
16,911. 3
21,809. 6i/
Feb.
6
7
91
182
2,051.1
1,219.0
1,300.5
800.0
1,052.3
737.6
248.2
62.3
136.2
May
53.1
1,301.3
801.8
16,910. 5
21,807,
2,201.4
1,431.4
1,302.1
800.6
1,054.3
724.7
247.8
66.4
15.3
4-1
1,300.8
ai0.7
16,911. 7
21,807.
Oct.
Oct.
31
Nov.
7
2/
Nov.
li...
Nov.
21
Nov.
29p
13
20
27
5
12
19
26
2
ri6,911.6w
[21,810.3
8V
Feb.
13
May
14
91
132
Feb.
20
21
91
182
2,320.7
1,431.4
1,201.6
800.3
922.7
724.3
278.9
76.0
189.2
75.1
1,300.9
800.4
16,812. 4
21,807.
27
28
90
1,201.3
801.7
981.6
181
1,987.0
1,614.3
7U.3
219.7
57.4
120.8
42.5
1,300.2
801.3
16,713. 6
21,808. IV-
91
182
1,909.9
1,312.9
1,300.5
800.0
1,079.9
745.2
220.7
54.7
269.1
102.7
1,300.9
800.2
16,713, 2
21,807, 8 4/
May
Feb.
May
8V
7V
Dec.
5p
Mar.
June
Dec.
12p
Mar.
June
12
11
91
132
2,176.1
1,769.2
1,300.3
801.0
1,035.7
726.9
264.6
74.0
135.9
64.8
1,300.1
800.9
16,713, 4
21,807, 9 4/
Dec.
19p
Mar
June
19
18
91
182
2,009.9
1,576.4
1,301.3
800.2
1,025.0
729.9
276.3
70.3
221.2
86.2
1,300.8
800.7
16,714,
21,807, 3 4/-
Dec.
26p
Mar.
June
26
25
91
182
2,048.1
1,724.4
1,309.1
804.3
1,089.3
7U.0
219.7
60.3
128.1
63.3
1,301.1
798.3
16,722,
21,812, 8 4/
91
182
2,085.4
1,4A6.8
1,301.3
800.5
1,088.8
755.3
212.6
45.1
173.8
82.5
1,300.8
16,722.5
21.813.2
9
9
91
182
2,050.9
1,388.2
1,300.8
800.4
1,021.8
734.4
279.1
66.0
145.3
62.6
1,301.3
800.4
16,722.0
21.813.3 4/
16
16
91
182
2,349.1
1,741.1
1,301.1
800.4
973.8
708.3
327.3
92.2
18.0
3.3
1,300.4
800.1
16,722.6
21.813.6 4/
23
23
91
182
2,634.9
1,733.4
1,303.4
800.6
1,037.5
732.2
265.9
68.5
156.4
62.4
1,302.4
300.5
16,723.7
21.813.7 4/
July
30
30
91
182
2,167.1
1,572.0
1,300.5
800.3
1,061.3
739.5
239.2
60.8
80.0
32.3
1,300.3
799.9
16,723.8
21,814.1 4/
1964-Mar.
June
23
22
160
159
J, 958.1
2,001.2
2,500.8
1,869.1
2,394.5
132.2
106.3
6.6
.,780.3
196/;-Jan.
2p
Jan.
9p
Jan,
16p
Jan.
23p
Jan.
30p
Apr.
July
Apr.
July
Apr.
July
Apr.
July
Apr.
800.0
^
Tax anticipation bills
1963-Oct.
1964-Jan.
15
15p
2,001.2
4,502.1
One-year bills;
1962-Oct.
15
1963-Oct.
15
365
4,535.0
2,500.1
2,315.1
135.1
190.0
2,003.5
8,505.7
1963-Jan.
Apr.
July
Sept.
Oct.
15
15
15
196i-Jan.
Apr.
July
Aug.
Sept.
15
15
15
31
30
365
366
366
363
365
5,244.4
4,047.6
4,495.2
2,631.7
2,395.4
2,496.2
2,500.8
1,997.9
1,001.1
1,002.0
2,252.9
2,310.0
1,783.0
936.9
954.9
243.2
190.7
214.9
64.3
47.0
38.6
84.1
9.0
2,001.3
2,000.8
2,003.6
9,000.6
9,500.6
9,495.0
3
1
Nov.
Dec.
1964.-Jan.
i
3p
3p
Oct.
Nov
Dec.
31
30
31
362
363
363
1,890.9
2,794.5
2,113.3
1,000.3
1,004.8
1,000.3
966.3
844.5
972.6
33.9
160.3
27.7
Feb.
6p
1965- Jan.
31
360
2,211.9
1,000.4
969.8
30.6
Bureau of the Public Debt. Preliminary figures are from subscripSource:
tion and allotment reports; final figures are on "clearance" basis in
daily Treasury statement.
1/ The 13-ueek bills represent additional issues of bills with an original
maturity of 26 weeks.
2/ For 13-week issues, tenders for $200,000 or less, and for 26-week issues,
bBirinninff June 11. 1959. tenders for JlOO.OOO or less from anv one
V
^
6/
2,500.1
5/
2,496.2
b/
for other issues, the corresponding amount is stipulated in
each offering announcement.
Additional amounts ($100,092,000 each) of ten series of outstanding
weekly bills issued in strip form for cash on October 28, 1963.
Includes strip bills issued October 28, 1963.
Matured October 15, 1963.
Matured January 15. 1964*
bids;
2/
10,4%. 1
11,498.1
8,998.0
9,998.2
11,003.0
12,007.7
9,507.2
10,507.6
3
.
)
1964
FebTuary
35
PUBLIC DEBT OPERATIONS
Table 2.- Offerings of Treasury Bills
On competitive bids accepted
On total bids accepted
Issue date
Average price
per hundred
Regular weekly bills;
1963-Oct.
3
Oct.
10
Oct.
17
Oct.
24
Oct.
28
Oct.
7
Nov.
li,
Nov.
21
Nov.
3.371
3.493
99.136
98.218
3.418
3.525
r99.126
3.459
3.569
99.129 2/
98.204
3.4^
3.553
99.124
98.190
3.465
3.580
3.458
3.568
99.131
98.205 10/
3.438
3.551
99.123
98.190
3.469
3.580
\98.167
3.489
3.626
99.126
98.174 11/
3.458
3.612
99.117
98.158
3.493
3.64A
98.675
3.601
98.687
3.567
98.672
3.608
r99.127'
3.452
3.586
99.132
98.195
3.434
3.570
99.123
98.185
3.469
3.590
3.517
3.621
99.116 12/
98.190
3.497
3.580
99.108
98.154
3.529
3.651
3.564
3.678
99.103 13/
98.150
3.549
3.659
99.097
98.135
3.572
3.689
1.98.150
3.524
3.660
99.111
98.156
3.517
3.647
99.108
98.146
3.529
3.667
r99.130
\98.175
3.480
3.630
99.134
98.180
3.464
3.620
99.128
98.173
3.488
3.634
199.107
\98.U5
3.532
3.670
99.113 H/
98.154 11/
3.509
3.651
99.103
98.138
3.549
3.683
J99.II5
[98. U9
3.501
3.662
99.118
98.154
3.489
3.651
99.
lU
98.147
3.505
3.665
r99.106
\98.U0
3.537
3.679
99.115
98.149
W
3.501
3.661
99.104
98.136
3.545
3.687
r99.110
193.151
3.522
3.657
99.115 V7/
98.154
3.501
3.651
99.108
98.150
3.529
3.659
r99.109
'[_98.154
524
651
99.114
98.164
505
632
99.107
98.151
3.533
3.657
r99.107
\_98.U5
3.534
3.669
99.110 IB/
98.154
521
651
99.105
98.140
3.541
3.679
99.109
98.154
3.525
3.651
99.100
98.136
,560
,687
y
[98.187
\98.169
r98.099
igs.iu
f99.109
Deo.
12p
Dec.
19p
Dec.
26p
1964-Jan.
2p
Jan.
9p
Jan.
16p
Jan
23p
f99. 10
54.9
|_98.1iO
679
r99.106
156
,648
99.108
98.161
3.529
3.638
99.105
98.154
.541
,651
98.17i
501
613
99.118
98.180
3.489
3.600
99.113
98.170
.509
,620
98.428
98.388
3.537
3.650
98.437
98.400
3.517
3.623
98.421
98.370
3.553
3.691
2.940
96.980
2.979
3.000
3.050
3.529
3.560
3.570
3.615
3.570
3.694
3.665
96.938
96.881
96.342
96.391
96.358
96.340
96.371
96.255
96.312
3.020
3.068
3.598
3.579
3.592
3.640
3.599
538
1^98.
Jan.
30p
Equivalent rate 7/
(Percent)
(Percent)
8/
r99.118
5p
Price per hundred
99.148
98.234
r99.126
Dec.
Equivalent rate 2^
3.407
3.515
\?8.196
29
Price per hundred
199.139
\98.223
fgg.iii
Nov.
Low
High
(Percent
\98.196
31
Equivalent average
rate 2/
(Continued)
-
f99. 115
1
Tax anticipation bills
1963-Oct.
196i-Jan.
15
15p
One-year bills :
1962-Oct.
15
96.989
2.969
97.019
1963-Jan.
Apr.
July
Sept.
Oct.
Nov.
Dec.
1964-Jan.
15
15
15
96.943
96.887
96.358
96.395
96.364
96.347
96.380
96.262
96.320
3.015
3.062
3.582
3.575
3.586
3.633
3.590
3.707
3.680
96.958
96.899
96.412
96.410
96.380
96.365
96.400
96.275
96.335
Feb.
2/
S/
2/
10/
11/
1^
12/
U/
15/
W
3
1
i
3p
3p
6p
Bank discount basis.
Except $300,000 at 98.237.
Except $200,000 at 99.139 and $150,000 at 99.140.
Except $13,000 at 98.210.
Except $60,000 at 98.190.
Except $1,700,000 at 99.127.
Except $100,000 at 99.115.
Except $100,000 at 99.130.
Except $100,000 at 98.164 and $100,000 at 98.I6O.
Except $100,000 at 98.154.
W
20/
21/
22/
22/
2^
25/
17/
18/
12/
20/
21/
22/
23/
24/
25/
p
3.7H
3.688
Except $1,400,000 at 99.127.
Except $250,000 at 99.115.
Except $500,000 at 97.029.
Except $100,000 at 97.000 and $200,000 at 96.982.
Except $50,000 at 96.969, $500,000 at 96.945, and $500,000 at 96.909.
Except $100,000 at 96.696 and $600,000 at 96.442.
Except $300,000 at 96.380.
Except $600,000 at 96.470 and $3,000,000 at 96.411.
Except $100,000 at 96.299.
Preliminary.
)
TreasuTif Bulletin]
36
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills
V
(Dollar amounts in millions)
Description of issue
Number of
days to
maturity
Maturity
Issue
date
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
on bids
accepted
^
New money
increase, or
decrease (-)
(Percent
1957-January
February
February
February
February
91
«2,624
*1,700
3.283
«99
31
91
91
91
92
2,626
2,719
2,580
2,741
1,700
1,700
1,800
1,802
3.133
3.057
3.182
3.288
99
99
200
202
6
13
91
91
2,769
2,830
1,800
3.246
3.239
200
202
1057-Uay
31
May
May
May
May
U
21
28
9
16
23
Uarch
Uarch
U
Deoeaber
Deceaber
19
1958-Mb rch
Uarch
20
27
91
91
2,348
2,416
1,700
1,700
3.U0
26
3.173
100
98
April
April
April
April
3
10
17
24
91
91
91
91
2,388
2,430
2,682
2,751
1,700
1,700
1,701
1,702
2.753
2.858
2.591
2.587
101
100
100
100
1958- January
January
January
January
June
June
7
16
Zi
1,802
March
13
June
12
91
2,436
1,700
1.532
-100
September
Septenber
September
11
18
December
December
December
11
18
91
91
92
2,550
2,636
2,576
1,800
1,800
1,800
2.359
2.604
2.511
100
99
99
92
91
91
91
91
2,291
2,382
3,088
2,987
2,872
1,801
1,800
1,803
1,800
1,803
2.920
2.668
2.927
2.804
2.647
101
100
104
99
102
91
92
2,8U
13
2,857
1,802
1,801
,649
,774
102
101
12
11
91
182
2,407
1,073
1,600
400
,805
,081
200
19
18
91
2,476
182
764
1,600
400
2.904
3.095
200
26
25
90
181
2,394
834
1,601
400
2.739
3.017
201
90
2,479
755
1,600
la
400
2.690
2.920
199
2,508
680
1,599
400
2.678
2.959
199
October
October
October
October
October
25
9
16
1959-January
January
January
2
8
15
Januar>'
22
29
30
January
6
February
February
March
June
Noveaber
Novoiber
13
Decenber
11
Decanber
18
December
26
26
March
June
March
June
5
1959-January
April
July
January
S
April
July
9
9
91
182
January
15
April
July
16
16
91
182
2,178
734
1,600
401
2.808
3.034
197
June
September
4
91
182
2,090
724
1,500
400
2.816
3.111
101
3
June
September
11
10
91
182
2,254
967
1,301
400
3.062
3.375
101
2,019
727
1,301
400
2.763
3.058
100
100
Uarch
5.......
March
12
March
19
June
September
18
17
91
182
March
26
June
Septeaber
25
24
91
182
2,122
671
1,300
400
2.'»6
3.093
August
13
1960-February
12
11
91
182
1,866
875
1,200
400
3.150
3.690
199
August
20
1959-Hovember
1960-February
19
18
91
1S2
1,853
790
1,200
400
3.417
3.782
199
1959-NoveBiber
27
1960-February
25
92
182
1,964
693
1,200
400
3.824
4.152
204
19
1960-August
Noveaber
18
17
91
182
1,809
961
1,200
500
3.793
4.000
97
26
August
Noveaber
25
25
91
183
1,834
897
1,200
500
3.497
3.867
96
1
1
91
182
1,320
996
1,101
500
3.184
3.495
100
July
20
20
91
182
1,889
995
1,101
400
2.358
2.530
99
April
July
27
27
91
182
1,986
1,082
1,100
500
2.230
2.422
200
May
4
August
3
91
182
2,057
1,082
1,101
500
2.299
2.497
201
91
1,924
1,046
1,100
2.392
2.576
99
2/
August
1060-May
May
June
1961-January
January
February
March
2
10
26
2.
30
Footnotes at end of table.
1959-JtoveBber
Septeaber
Deceaber
1961-AprU
June
Septeaber
29
28
132
(Continued on following page)
500
^'
1964
February
37
PUBLIC DEBT OPERATIONS.
Table 3.- New Money Financing through Regular Weekly Treasury Bills V-(Contlnued)
(Dollar amounts In millions)
Description of Issue
Number of
days to
maturity
Maturity
Issue
date
date
Amount
of bids
tendered
Amount
of bids
accepted
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
(Percent)
1961-April
April
6,
13
1961-July
October
6
July
October
5
91
182
«1,916
1,048
il,100
500
2.470
2.658
*99
13
13
91
183
2,000
1,118
1,101
500
2.361
2.556
100
3
4
August
November
2
91
182
2,087
950
1,101
500
2.299
2.417
100
May
11
August
November
10
9
91
182
1,877
1,115
1,101
500
2.232
2.423
101
July
20
October
1962- January
19
18
91
182
1,916
960
1,100
500
2.200
2.385
99
August
31
1961-November
1962-March
30
1
91
182
1,821
934
1,100
600
2.321
2.617
100
October
19
January
April
18
19
91
182
2,221
1,112
1,100
600
2.382
2.734
100
October
26
January
April
25
26
91
182
2,038
1,252
1,101
600
2.325
2.708
101
May
3
August
2
91
182
2,213
1,334
1,201
600
2.706
2.939
101
17
16
91
182
2,030
1,195
1,200
600
2.759
2,952
100
August
23
90
181
2,424
1,284
1,202
601
2.849
3.031
102
May
31
August
30
91
182
2,101
1,198
1,201
600
2.665
2.847
101
May
1962-February
1,
February
15,
February
23.
May
August
May
March
1,
March
8,
June
September
7
6
91
182
1,9L;
1,106
1,200
601
2.721
2.883
103
March
15.
June
September
13
91
182
2,716
1,165
1,201
600
2.804
2.972
99
September
21
20
91
182
2,162
1,182
1,201
600
2.689
2.854
96
June
September
28
27
91
182
2,182
l,2iV8
1,200
600
2.719
2.857
99
5
91
182
2,225
1,217
1,201
601
2.757
2.875
100
March
22.
March
29.
April
5.
June
July
October
4
April
12
July
October
11
91
182
2,470
1,088
1,200
600
2.720
2.814
99
April
19,
July
October
19
18
91
182
2,237
1,241
1,201
600
2.723
2.825
99
April
26,
July
October
26
25
91
182
2,103
1,168
1,201
600
2.740
2.837
99
May
ID,
August
November
91
182
2,524
1,352
1,204
602
2.719
2.816
105
May
2A
August
November
23
23
91
183
2,096
1,247
1,300
600
2.700
2.795
98
31
August
November
30
29
91
182
2,330
1,339
1,301
601
2.656
2.743
102
6
6
91
182
2,302
1,557
1,301
702
2.691
2.787
202
199
May
June
7
September
December
12
U
September
December
13
13
91
182
2,200
1,568
1,300
700
2.671
2.758
June
21
September
December
20
20
91
182
2,594
1,186
1,301
701
2.721
2.800
199
June
28
September
December
27
27
91
182
2,257
1,338
1,300
700
2.792
2.872
200
October
1963-January
4
2,212
1,202
1,301
700
2.930
3.008
200
3
91
182
June
July
5
July
12,
1962-Ootober
1963-January
11
10
91
182
2,365
1,126
1,301
700
2.974
3.096
201
July
19,
1962-Ootober
1963-January
18
17
91
182
2,454
1,068
1,302
700
2.983
3.133
201
1%2-October
25
24
91
182
2,127
1,298
703
2.892
3.103
200
July
26.
Footnotes at end of table.
1963-January
1,362
(Continued on following page)
Treasury Bulletin
38
Table 3
)
il
1964
February
39
PUBLIC DEBT OPERATIONS
Table 3.- New Money Financing through Regular Weekly Treasury Bills J/- (Continued)
(Dollar amounts in millions)
Description of issue
Issue
date
Amount
of bids
tendered
Amount
of bids
accepted
91
182
$2,054
* 1,302
1,668
801
2.897
2.989
*101
91
182
2,119
1,715
1,301
802
2.905
2.993
100
Number of
days to
maturity
Maturity
date
Average rate
on bids
accepted 2/
New money
increase, or
decrease (-)
(Percent
1963-May
May
May
November
November
1
31
9.
August
November
8
16.
August
November
15
91
182
2,397
1,583
1,302
801
2.903
2.990
98
^196i-February
91
132
2,321
1,202
May
20
21
1,01
800
3.524
3.660
-99
February
May
27
28
90
181
1,987
1,614
1,201
802
3.480
3.630
-99
21,
29.
7
See Table 2. Information in Table 3 covers bill offerings
January 2, 1957, through January 31, 1964.
Excludes issues of strips of additional amounts of outstanding regular
weekly bills for cash on June 14, 1961 ($1,802' million) , November 15,
1961 ($800 million), November 15, 1962 ($1,001 million), and October 28,
1963 ($1,001 million).
See Table 4.
Source:
1/
2.
1963-August
October
2/
2/
Equivalent average rate on bank disco\lnt basis.
Beginning March 12, 1959, the 13-week bills represent additional
issues of bills with an original maturity of 26 weeks.
40
February
1964
41
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscrip-
42
February
1964
43
PUBLIC DEBT OPERATIONS
Table 4.- Offerings of Public Marketable Securities Other Than
Regular Weekly Treasury Bills - (Continued)
Date subscrip-
Treasury Bulletin
44
PUBLIC DEBT OPERATIONS
Footnotes to Table 4 - (Continued)
23/
2i/
25/
26/
27/
28/
29/
30/
31/
32/
33/
34/
35/
36/
Subscriptions from savings-type investors totaled $720 million and
were allotted 70 percent. Subscriptions from oonraiercial banks for
their own account totaled $470 million and were allotted 35 percent.
Subscriptions from all other Investors totaled $610 million and were
allotted 15 percent. Subscriptions for $25,000 or less were allotted
in full when accompanied by 100 percent payment at the time of entering the subscriptions. All other subscriptions for $5,000 were
allotted in full. Subscriptions for more than $5,000 were allotted
In addition, $50 million of the bonds was
not less than $5,000.
allotted to Government Investment accoxmts. Savings-type investors
were given the privilege of paying for the bonds allotted to them in
installments up to April 23, 1959 (not less than 25 percent by
January 23, 1959, the issue date; 50 percent by February 24, 1959;
75 percent by March 23, 1959; and full payment by April 23, 1959).
Subscriptions for $100,000 or less were allotted In full. Subscriptions for more than $100,000 were allotted 50 percent but in no case
In addition, $100 million of the notes was
less than $100,000.
allotted to Government investment accounts.
Subscriptions from savings-type investors totaled $240 million and
were allotted 65 percent. Subscriptions from commercial banks for
their own account totaled $941 million and were allotted 35 percent.
Subscriptions from all other investors totaled $322 million and were
allotted 20 percent. Subscriptions for $25,000 or less from savingstype Investors and commercial banks, and for $10,000 or less from
all others, were allotted In full. Subscriptions for more than
these minimums were allotted not less than the minlmums. In addition, $50 million of the bonds was allotted to Government investment accounts.
Full-paid subscriptions of $25,000 or less, totaling $941 million,
were allotted In full. Subscriptions from savings-type investors
totaled $1,361 million and were allotted 45 percent. Subscriptions
from commercial banks for their own account totaled $6,390 million
and were allotted 8 percent, but not less than $1,000 on any one
subscription. Subscriptions from all other investors totaled
$2,433 million and were allotted 5 percent, but not less than $1,000
In addition, $100 million of the notes
on any one subscription.
was allotted to Government Investment accounts.
Holders of approximately $1,600 million of Series F and G savings
bonds Issued in 1948, which mature in 1960, were offered in exchange
the 4-3/4? notes, with certain adjustments as of December 15, 1959,
Smaller denominations of savings bonds could
at a price of 99-3/4?5.
be exchanged for the next higher multiple of $1,000 of the notes upon
payment of any cash difference. Gash payments amounted to $3 million.
Issued as a rollover of maturing one-year bills.
Savings-type Investors were given the privilege of paying for the
bonds in installments up to June 15, 1960 (not less than 40 percent
by April 14, the delivery date; 70 percent by May 15; and full
payment by June 15). In addition to the amounts allotted to the
public, $100 million of the bonds was allotted to Government Investment accounts.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 30 percent but in no case
In addition, $27.4 million of the notes was
less than $100,000.
allotted to Government investment accounts.
Subscriptions for $25,000 or less were allotted in full. Subscriptions for more than $25,000 were allotted 85 percent but in no case
less than $25,000.
In addition, $71 million of the notes was
allotted to Government investment accounts.
Subscriptions were permitted to be made with payment in cash or in
4-3/4? Treasury notes maturing August 15, 1960 (see Table 7, footnote 22),
In addition, in order that holders of 3-5/8? Federal
National Mortgage Association notes maturing August 23, 1960, might
have an opportunity to reinvest the proceeds, the Secretary of the
Treasury, in behalf of the Association, offered to purchase such
notes on August 15, 1960, at par and accrued Interest to the extent
that such subscriptions were allotted and the proceeds from the par
amount of the notes were applied to payment, in whole or in part,
for the new securities.
Combined total includes $80 million allotted on subscriptions from
holders of the Federal National Mortgage Association notes maturing
August 23, 1960 (see footnote 32).
Consists of allotments on subscriptions from holders of Treasury
notes matxiring A\igust 15, 1960.
Subscriptions from States, political subdivisions, or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts, and the Federal Reserve Banks as provided in the offering
circular, totaled $6,285 million and were allotted in full. Subscriptions subject to allotment totaled $11,104 million and were
allotted in full up to and Including $25,000; all others were allotted
13 percent but in no case less than $25,000.
Subscriptions totaled $1,181 million from savings-type investors and
$100 million from Government Investment accounts; both were allotted
25 percent. Subscriptions from commercial banks for their own accounts
totaled $2,708 million and were allotted 20 percent. Subscriptions
from all others totaled $1,190 million and were allotted 15 percent.
Subscriptions for $5,000 or less were allotted In full; subscriptions
for more than $5,000 were allotted not less than $5,000.
In addition to the amounts allotted to the iJubllc, there was
allotted to Government Investment accounts $131.3 million of the
3-1/2? bonds of 1980, $215.9 million of the 3-1/2? bonds of 1990,
and $236.5 million of the 3-1/2? bonds of 1998.
38/ Holders of approximately $750 million of Series F and G savings bonds
issued In 1949, which mature in 1960, were offered in exchange the
4? bonds, with certain adjustments as of December 15, 1960, at a price
Smaller denominations of savings bonds could be exchanged
of lOOj.
for the next higher multiple of $500 of the bonds upon payment of any
cash difference. Cash payments amounted to $365,375.
39/ Subscriptions were permitted to be made with payment in cash or in
4-7/8? Treasury certificates maturing February 15, 1961 (see Table 7,
footnote 17).
40/ Consists of allotments on subscriptions from holders of certificates
of indebtedness maturing February 15, 1961.
41/ Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Goverrjnent Investment
accounts and the Federal Reserve Banks, as provided in the offering
circular, totaled $4,364 million and were allotted in full. Subthose
scriptions subject to allotment totaled $14,619 million:
up to and including $10,000 were allotted in full; all others were
allotted 20 percent but in no case less than $10,000.
42/ In addition to the amounts allotted to the public, there was allotted
to the Federal Reserve Banks and Government investment accounts
$39 million of the >3/8? bonds of 1966, and $540 million of the
3-5/8? bonds of 1967.
43/ Subscriptions were permitted to be made with payment in cash or in
the 4-3/4? Treasury certificates or 3-5/8? Treasury notes, both
maturing May 15, 1961 (see Table 7, footnote 20).
44/ Consists of allotments on subscriptions from holders of certificates
of indebtedness and Treasury notes maturing May 15, 1961.
45/ There were allotted In full all subscriptions totaling about $2,379
million for the certificates and $1,258 million for the notes, from
States, political subdivisions or instrumentalities thereof, public
pension and retirement and other public funds, international orga:iiizations in which the United States holds membership, foreign central
banks and foreign States, Government investment accounts, and the
Federal Reserve Banks, as provided in the offering circulars. Subscriptions from all other, investors were subject to allotment and
totaled $11,445 million for the certificates which were allotted
27 percent, and $11,631 million for the notes which were allotted
12 percent; subscriptions for $25,000 or less were allotted In full,
and subscriptions for more than $25,000 were allotted not less than
$25,000.
46/ Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of eighteen series of weekly Treasury bills
maturing from August 3, 1961, to November 30, 1961.
47/ In addition to the amounts allotted to the public, there was allotted
to the Federal Reserve Banks and Government Investment accounts.
$480.4 million of the 3-1/2? bonds of 1980, $160.6 million of the
3-1/2? bonds of 1990, and $289.5 million of the 3-1/2? bonds of 1998.
48/ Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 37 percent but in no case
In addition, $100 million of the notes was
less than $100,000.
allotted to Government investment accounts.
49/ Includes $2 million allotted to Government Investment accounts of the
3-1/4? notes, $4 million of the 3-3/4? bonds of 1966, and $136 million
of the 3-3/4? bonds of 1974.
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of eight series of weekly Treasury bills maturing
from December 7, 1961, to January 25, 1962.
51/ Holders of approximately $970 million of Series F and G savings bonds
issued in 1950, which mature in 1962, were offered in exchange the
3-7/8? bonds with certain adjustments as of December 15, 1961, at a
price of 99.50. Smaller denominations of savings bonds could be exchanged for the next higher multiple of $500 of the bonds upon payment of any cash difference. Cash payments amounted to $309,000.
Subscriptions for $50,000 or less were allotted in full. Subscriptions for more than $50,000 were allotted 60 percent but in no case
In addition, $100 million of the bonds W8S
less than $50,000.
allotted to Government investment accounts.
53/ Includes $3,411 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/2? certificates and $1,518
million of the 4? notes.
54/ In addition to the amounts allotted to the public, there was allotted
to Government Investment accounts $385 million of the 4? bonds of
1971, $177 million of the 4? bonds of 1980, $218 million of the 3-1/2?
bonds of 1990, and $221 million of the 3-1/2? bonds of 1998.
55/ Issued for cash and in exchange for tax anticipation bills maturing
March 23, 1962 (see Table 7, footnote 22).
Subscriptions for $50,000 or less were allotted In full. Subscriptions for more than $50,000 were allotted 15 percent but in no case
less than $50,000.
In addition, $100 million of the bonds was
allotted to Government Investment accounts.
Includes $2,166 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4? certificates, $14 million of
the 3-'5/8? notes, and $64 million of the 3-7/8? bonds.
Footnotes continued on following page.
37/
^
^
^
^
February
A5
1964
PUBLIC DEBT OPERATIONS
Footnotes to Table 4
58/
^
60/
61/
62/
62/
6^
65/
66/
67/
6g/
62/
Subscriptions were permitted to be made with payment in cash or in
the iS notes or 3-1/4? notes, both maturing August 15, 1962 (See
Table 7, footnote 23).
Consists of allotments on subscriptions from holders of Treasury
notes maturing August 15, 1962.
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment
accounts, and the Federal Reserve Banks totaled 3^,760 million for
the certificates and were allotted in full, in accordance with the
offering circular. Subscriptions from all others totaled $15,395
million and were allotted 12-1/2 percent with subscriptions for
$50,000 or less allotted in full and those for more than $50,000
allotted not less than $50,000.
Subscriptions for the At bonds totaled $6,743 million and were
allotted 22 percent with subscriptions for $100,000 or less allotted
in full and those for more than $100,000 allotted not less than
In addition, $100 million of the bonds was allotted to
$100,000.
Government investment accounts.
All subscriptions for the U-\/lS bonds were allotted in full. In
addition, $50 million of the bonds was allotted to Government
investment accounts. Savings-type investors were given the privilege
of paying for the bonds allotted to them in installments up to
October 15, 1962 (not less than 30 percent by August 15, 1962, the
issue date; 60 percent by September 15, 1962; and full payment by
October 15, 1962).
In addition to the amounts allotted to the public, there was allotted
to Government investment accounts $21 million of the 'i-'i/lS notes
and $320 million of the iS bonds.
Includes $3,796 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/8J certificates, $1 million of
the 3-1/2* notes, and $6 million of the iS bonds.
Sale of a "strip" of Treasury bills, consisting of an additional
$100 million for cash of ten series of weekly Treasury bills maturing
from January 17, 1963, to March 21, 1963.
Holders of approximately $458 million of Series F and G savings
bonds which mature in 1963 and 1964 were offered in exchange either
of
the 3-7/8i6 bonds or the 4^ bonds with certain adjustments as
December 15, 1962, at a price of 99.50. Smaller denominations of
savings bonds could be exchanged for the next higher multiple of
Cash payments
$500 of the bonds upon payment of any cash difference.
amounted to $93,000 for the 3-7/8J bonds and $101,825 for the IS bonds.
The bonds were sold to a syndicate on the basis of competitive bidding
The winning bid was $99.85111 per $100
for reoffering to the public.
of face amount for a 4J coupon, resulting in a net basis cost to the
Treasury of 4.008210?, calaLLated to maturity.
Includes $3,921 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4? certificates and $15 million
of the 3-3/4? bonds.
In addition to the amounts allotted to the public, there was allotted
TQ/'
71/
72/
22/
74/
75/
lb/
77/
7g/
22/
-
(Continued)
to Government investment accounts $19.8 million of the 3-5/8? notes,
$29.6 million of the 3-7/8? bonds of 1971, $151.9 million of the 3-7/8?
bonds of 1974, and $123.9 million of the 4? bonds of 1980.
The bonds were sold to a syndicate on the basis of competitive bidding
The winning bid was $100.55119 per $100
for reoffering to the public.
of face amount for a 4-1/8? coupon, resulting in a net basis cost to
the Treasury of 4.093145?, calculated to maturity.
Includes $3,327 million allotted to Federal Reserve Banks and Government investment accounts of the 3-1/4? certificates, and $85 million
of the 3-5/8? notes.
Subscriptions for $100,000 or less were allotted in full. Subscriptions for more than $100,000 were allotted 5 percent but in no case
less than $100,000.
Includes $4,149 million allotted to Federal Reserve Banks and Government investment accounts.
One-year bills issued monthly beginning September 3, 1963.
allotted
In addition to the amounts allotted to the public, there was
to Federal Reserve Banks and Government investment accounts $23 million of the 3-7/8? bonds of 1968, and $171 million of the 4? bonds of
1973.
Issued for cash and in exchange for one-year bills mattiring October 15,
1963 (see Table 7, footnote 27).
Sale of a "strip" of Treasury bills, consisting of an additional $100
million for cash of ten series of weekly Treasury bills maturing from
February 6, 1964, to April 9, 1964.
Subscriptions were permitted to be made with payment in cash or in
3-1/8? certificates or 4-7/8? notes, both maturing November 15, 1963
(See Table 7, footnote 28).
Consists of allotments on subscriptions from holders of Treasury cer-
tificates of indebtedness and Treasury notes maturing November 15,
1963.
80/
81/
82/
83/
ZLj
p
Subscriptions from States, political subdivisions or instrumentalities
thereof, public pension and retirement and other public funds, international organizations in which the United States holds membership,
foreign central banks and foreign States, Government investment accounts
and the Federal Reserve Banks, as provided in the offering circular,
Subscriptions subtotaled $4,307 million and were allotted in full.
those up to and including
ject to allotment totaled $15,762 million:
allotted
21 percent but
others
were
$100,000 were allotted in full; all
in no case less than $100,000.
Issued to replace the one-year bills maturing January 15, 1964.
In addition to amounts allotted to the public, $189 million was
allotted to Government investment accounts.
Subscriptions for $50,000 or less were allotted in full. Subscriptions
for more than $50,000 were allotted 83-1/2 percent but in no case
less than $50,000. In addition, $125 million of the bonds was allotted
to Government investment accounts.
Includes $4,014 million allotted to Federal Reserve Banks and Government investment accounts of the 'i-'l/i$ notes,
Preliminary.
46
February
1964
48
February
1964
Treasury Bulletin
50
PUBLIC DEBT OPERATIONS
Table 6.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other Than Regular Weekly Treasury Bills J/- (Continued)
(In millions of dollars)
Issue
.
February
1964
51
PUBLIC DEBT OPERATIONS
Table 6.- Allotments by Investor Classes on Subscriptions for Public Marketable Securities
Other Than Regular Weekly Treasury Bills i/- (Continued)
(
In millions of dollars)
Allotments by investor classes
Amount issued
S. Government
Investment
exchange
accounts
for
and
other
Federal
securiReserve
ties
Banks
State and local
governments
U.
In
Date of
financing
Description of security-
For
cash
ll/i/63
3.633? Bill
10/31/64
11/15/63
3-7/8? Note
5/15/65-C
12/3/63
3.590? Bill
11/30/64
1,005
l/3/6i
3.707? Bill
12/31/64
l.OOOp
3.650? Bill
6/22/64
Bond
8/15/70
4-1/4? Bond
5/15/75-85
3.680? Bill
1/31/65
1/15/64
4?
1/22/64
2/6/64
1,000
12/
7/
ly
3,612p
4,365p
ly
ly
2,501p
Insurance
companies
Mutual
Corposavrations
ings
banks
^
Pension
and retirement
funds
Other
funds
Dealers
and
brokers
All
other
12
401
1
1
106
4,005
1,864
152
120
455
5
964
1
2
1
16
16
10
423
4
70
3
426
65
23
24
232
429
47
551
462
200
862
10
3
1
531
6
860
28
2,223p
188
1,230
43
103
27
42
66
366
137
748p
125
212
13
6
15
40
339
10
4
1
123
2/
l,000p
ly
Based on subscription and allotment reports. For detail of offerSource:
ings see Table 4.
1/ Excludes 1-1/2? Treasury notes issued in exchange to holders of nonmarketable 2-3/4? Treasury bonds. Investment Series B-1975-80.
2/ Includes trust companies and stock savings banks.
3/ Includes partnerships and personal trust accounts,
^/ Exclusive of banks and insurance companies.
Consists of trust, sinking, and investment funds of State and local
governments and their agencies.
6/ Includes savings and loan associations, nonprofit institutions, and
investments of foreign balances and international accounts in this
country
7/ Tax anticipation security.
8/ Issued as a rollover of bills maturing January 16, 1957, and February
15, 1957, respectively.
2/ Reopening of earlier issue.
10/ Issued in special allotment to Government investment accounts.
y
Commer- Indicial
vidubanks
als
2/
1/
Private
pension
and retirement
funds
21
6
292
16
11
463
40
11/ Issued as a rollover of quarterly one-year bills.
12/ Offerings subject to allotment, were made for the purpose of paying
Holders of the maturing securities
off maturing securities in cash.
were not offered preemptive rights to exchange their holdings but
were permitted to present them in payment or exchange, in whole or in
part, for the new issues.
13/ Offerings consist of an additional $100 million each of a series of
outstanding weekly bills issued in "strip" form. Offerings include
18 series for June 14, 1961; 8 series for November 15, 1961; and 10
series each for November 15, 1962, and October 28, 1963.
14/ Sold at competitive bidding with allotment distribution based on sales
reported by syndicate members,
15/ One-year bills issued monthly beginning September 3, 1963, to replace
the existing quarterly cycle,
»
Less than $500,000.
p Preliminary,
.a.
Not available.
Treasury Bulletin
52
PUBLIC DEBT OPERATIONS
1
February
1964
53
PUBLIC DEBT OPERATIONS
Table 7.- Dleposltlon of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Called or maturing security
Date of
refunding
or retirement
Issue
date
Description
Disposition offers
by Treasury
1/
Amotlnt
outstanding
Cash
retirement
Exchange
security
offered
Results of exchange offers
Exchanged
(In millions of dollars)
Certificate 2-1/4^ Bond
2-3/8;? Bond
[4!C
8/1/58
8/1/58-C
9/15/56-59 6/
3/15/57-59 6/
8/1/57
2/1/44
3/1/52
16,264
Total
10/1/58
12/1/58
-
lO/l/58-EO
10/1/53
121
3-3/4!5 Certificate -
I2/I/58-D
12/1/57
9,833
12/15/58
2/15/53
2,368
1-1/2^ Note
2-l/2i6 Bond
-
121
12,201
Total
2/15/59
11,519
3,818
927
11,519
3,818
927
2-1/2? Certificate -
2/14/59-A
2/14/58
9,770
-
2/15/59-A
5/17/54
5,102
1-7/8? Nate
14,872
Total.
V
1-1/2? Certificate
3/24/59-D
8/6/58
3,567
3,567
1-1/2? Note
4/1/59-EA
4/1/54
119
119
5/15/59
I-I/4? Certificate
5/15/59-B
6/15/58
1,817
5/15/59
3-1/4? Bill
5/15/59
10/8/58
2,735
2,735
6/22/59
2.999? Bill
6/22/59
11/20/58
2,997
2,997
V
1-5/8? Certificate
8/1/59-C
8/1/53
13,500
Note
8/1/61-A
8/1/57
V
3/24/59
4/1/59
8/1/59
4?
473 2/
13,973
Total.
9/21/59
3.293? Bill
-
9/21/59
2/I6/59
1,502
1,502
10/1/59
1-1/2? Note
-
10/1/59-EO
10/1/54
99
99
'3-3/8? Certificate -
ll/l5/59-E
12/1/58
7,711
11/15/59-B
10/10/58
1,184
8/15/62-B
9/26/57
2,000
3-1/2? Note
11/15/59
8,894
Total maturities,
/i?
Note
10,895
Tota
V
12/22/59
3.565? Bill
-
:i2/22/59
5/15/59
1,500
1,500
I/15/6O
3.386? Bill
-
I/15/6O
4/1/59
2,006
2,006 2/
3-3/4? Certificate -
2/15/60-A
2/15/59
11,363
1-1/2? Note
4/1/6Q-EA
4/1/55
198
2/15/60
11,561
Total.
159 10/
Note
8/15/62-B
9/26/57
3/22/60
^4.075? Bill
^^3.719? Bill
3/22/6O
3/22/6O
7/8/59
7/8/59
4/1/60
1-1/2? Note
4/1/60- EA
4/1/55
57
4/15/60
3.835? Bill
4/15/60
5/11/59
2,003
5/15/60-B
5/15/59
1,269
2/15/6O
4?
\%
Certificate -
3,005
999
3-1/2? Note
-
5/15/6O-A
2/15/57
2,406
3-1/4? Note
-
5/15/6O-B
1/21/59
2,738
5/I5/6O
6,413
Total.
6/22/60
[4.783? Bill
\4.726? Bill
6/22/60
6/22/60
10/21/59
10/21/59
2,002
2,016
2,002
2,016
V
V
Turned
in for
cash 2/
54
February
1964
55
PUBLIC DEBT OPERATIONS
Table 7.- Disposition of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Date of
refunding
of retirement
56
.
1964
February
57
PUBLIC DEBT OPERATIONS
Table 7.- Dispoeitlon of Matured Public Marketable Securities
Other Than Regular Weekly Treasury Bills - (Continued)
Called or maturing security 1/
Disposition offers
by Treasury
Date of
refunding
or retirement
Issue
date
Description
Amount
outstanding
Exchange
security
offered
Cash
retirement
Results of exchange offers
Exchanged
Description of new
security offered
(See also Table 4)
Turned
in for
cash 2/
(In millions of dollars)
8/15/63
•
3-1/2*
Cert.
8/15/63
8/15/62
5,181
5,181
5,131
50
2-1/2 J
Bond
8/15/63
12/15/54
1,461
1,461
1,267
193
6,641
6,641
6,398
243
Total
3-1/4?
Cert.
5/15/54-B
5/15/63
5,693
5,693
620p
500p
375p
4-3/4?
Note
5/1 5/64-A
7/20/59
4,933
4,933
194P
214p
126p
3-3/4?
Note
5/15/64-D
6/23/60
3,893
3,893
782p
317p
3-3/4?
Bond
5/15/66
11/15/60
3,597
3,597
11 5p
4?
Note
8/15/66-A
2/15/62
4,454
4,454
3-5/8?
Note
2/1 5/6 7-B
3/15/63
4,287
4,287
3-3/4?
Note
8/15/67-A
9/15/62
5,282
5,282
77 8p
621p
3-3/4? Note
11/15/64-F
3-7/8? Bond
Bond
4?
4-1/8? Bond
'3-7/8? Bond
Bond
4?
4-1/8? Bond
'3-7/8? Bond
Bond
4?
4-1/8? Bond
11/15/68
8/1 5/73
5/15/89-94 li/
11/15/68
8/15/73
5/15/89-94 IV
11/15/68
8/15/73
5/15/89-94 15/
Bond
4?
4-1/8? Bond
8/15/73
5/15/89-94
15/
Bond
8/15/73
5/15/89-94
15/
Bond
4-1/8? Bond
8/15/73
5/15/89-94
1^
Bond
14-1/8? Bond
8/15/73
5/15/89-94
9/15/63 ji/
10/1/63
10/15/63
1V15/63
<
U%
91p
716p
132p
[4?
6,746p
lO/l/63-EO
10/1/58
506
2.969?
10/15/63
10/15/62
2,500
3-1/8?
Cert.
11/15/63-D
11/15/62
4,554
4,554
3,823p
731p
4-7/8?
Note
11/15/63-C
11/15/59
3,011
3,011
542p
2,470p
7,565
7,565
Bill
11/15/64
1/15/63
2,496
"3-3/4?
Note
8/15/64-E
8/1/61
5,019
5?
Note
8/15/64-B
10/15/59
2,316
3-3/4?
Note
11/15/64-F
8/15/63
6,398
W
'l,591p of 3-7/8? Bond
3,894p of 4? Bond
l,260p of 4-1/8? Bond 15/
Note
506
2,500 22/
W
3-7/8? Note
5/15/65-C
Bond
J4?
[4-1/4? Bond
8/15/70
5/15/75-85
ly
Bond
r4?
[_4-l/4? Bond
8/15/70
5/15/75-85
15/
10 6p
277p
158p
Bond
r4?
]_4-l/4? Bond
8/15/70
5/15/75-85
15/
21 Ip
("4?
117p
Bond
[4-1/4? Bond
8/15/70
5/15/75-85
15/
15/
4,365p
3,201p 22/
2,496 20/
69 5p
239p
l65p
>-2i/
15/
ly
ly
4-7/8?
Note
11/15/64-C
2/15/60
4,195
2-5/e?
Bond
2/15/65
6/15/58
4,682
65 5p
53p
Bond
r4?
[4-1/4? Bond
8/15/70
5/15/75-85
15/
15/
Note
5/15/65-A
5/15/60
2,113
221p
76p
Bond
4-5/B?
[4-1/4? Bond
8/15/70
5/15/75-85
ly
ly
24,723
Total
/
2/15/64
72 Ip
[4-1/8? Bond
Bill
3.015?
1/22/6A 11/
[4?
1-1/2?
Total
1/15/6-1
32,139
32,139
Total.
340p
105p
3-1/4?
Cert.
3?
Bond
Total.
-
13/
a
000
750
2,972p
5,535p
l,083p
2/15/64-A
2/15/63
6,741
6,741
2/15/64
2/14/58
1,634
1,634
8,376
3,376
Bureau of the Public Debt. Preliminary figures are from subscription and allotment reports; final figures are on "clearance
basis" in daily Treasury statement.
Original call and maturity dates are used.
All by investors other than Federal Reserve Banks.
Source:
2/
1/
2/
4/
727p
8,013p
r4?
f2,223p of 4? Bond ly
748p of 4-1/4? Bond ly
i
123p
r3-7/8? Note
Note
14?
8/13/65-D
8/15/66-A
ly
240p
3-7/8? Note
Note
4?
8/13/65-D
8/15/66-A
ly
363p
6,203p of 3-7/8? Note
l,810p of 4? Note 15/
Two issues of bills, maturing January 16, 1957, and February 15,
1957, respectively, were rolled over into two issues of tax
anticipation bills, both maturing June 24, 1957.
Tax anticipation issue; for detail of offerings beginning 1957, see
Table 4; for amounts redeemed for taxes and for cash see "Note"
below.
Remaining footnotes on the following page.
.
58
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Footnotes to Table 7 -(Continued)
During June and July 1958, |i91 million of the 2-5/8* Treasury bonds
of 1965 was purchased by the Treasury for retirement under section
19 of the Second Liberty Bond Act, as amended (31 U.S.C. 754a).
6/ Called on May 14, 1958, for redemption on September 15, 1958.
Represents
amount which owners exercised the option to redeem on
2/
August 1, 1959 (see Table 4, footnote 9).
Holders
of
the tS notes, who had the option to redeem at par on
S/
February 15, I960, by giving notice not later than November
16, 1959,
were permitted to exchange their holdings on November 15, 1959, for
the 4-7/8? notes.
Rolled over into a one-year bill ( see Table 4)
10/ Amount which owners exercised the option to redeem on February 15
1960 (see Table 4, footnote 11).
offering. Pursuant to the provisions of section
^^^S^^n"*^"^^"^
1037 (a) of the Internal Revenue Code of 1954 as added
by Public Law
86-346, approved September 22, 1959, the Secretary of the
Treasury
has declared that no gain or loss shall be recognized
for Federal
income tax purposes upon the exchange of the eligible
outstanding
securities solely for the new securities. For tax purposes,
therefore, the investor will carry the new securities
on his books at the
same amount as he had been carrying the eligible
securities exchanged.
Gain or loss, if any, upon the obligations surrendered
in exchange
will be taken into account upon the disposition
or redemption of the
new obligations. See also Table 5.
12/ Holders of 2-1/2? Treasury bonds maturing November 15, 1961, were
offered the option to exchange the bonds during the
period from
June 8, I960, to June 13, I960, inclusive, subject to allotment
if
subscriptions exceeded by 10 percent the offering limits
of #3.5
billion for the notes and ^1.5 billion for the bonds.
12/ Holders of the maturing notes were not offered preemptive rights to
exchange their holdings, but were permitted to present them in
payment or exchange, in whole or in part, for the 3-1/8? certificates
or
the 3-7/8% bonds, which were offered in an aggregate of around
48-3/4 billion. For detail of offering, see Table 4.
14/ Excess of maturing 4-3/4? Treasury notes over allotments of new
securities on subscriptions from holders of those notes (see
Table 4
footnotes 32 and 34).
1i/ Reopening of an earlier issue.
°^ 2-1/2? Treasury bonds maturing June 15, 1967, December 15,
?Slo®'"^
1968, June 15, 1969, and December 15, 1969, were offered the
option
to exchange the bonds during the period from September
12, I960, to
September 20, I960, inclusive, the first for 3-1/2? bonds of
1980,
the second for 3-1/2? bonds of 1990, and the other two for 3-1/2?
bonds of 1998, subject to allotment if the combined total of subscriptions for the bonds of 1990 and 1998 exceeded an outside limit
of $4.5 billion.
17/ Holders of the maturing certificates were not offered preemptive
rights to exchange their holdings, but were permitted to present
them in payment or exchange, in whole or in part, for the 3-1/4?
notes offered in the amount of around $6.9 billion. For detail of
offering, see Table 4.
18/ Excess of maturing 4-7/8? certificates over allotments of new
securities on subscriptions from holders of those certificates
(see Table 4, footnotes 39 aod 40).
12/ From March 20 through March 22, 1961, owners of 2-1/4? bonds of June
15, 1959-62, 2-1/4? bonds of December 15, 1959-62, 2-5/8? notes
maturing February 15, 1963, and 2-1/2? bonds maturing August 15,
1963,
were granted the option of exchanging their holdings. The first
three were exchangeable for a new 3-5/8? bond due November 15,
1967,
and the last for a new 3-3/8? bond due November 15, 1966. Exchanges
were subject to allotment if subscriptions exceeded $5 billion for
the bonds of 1967 or $3 billion for the bonds of 1966.
22/ Holders of the maturing certificates and notes were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
$5,250 million offering of 3? certificates or the $2,500 jillllon
offering of 3-1/4? notes. For detail of offering, see Table 4.
21/ Excess of maturing 4-3/8? certificates and 3-5/8? notes over
allotments of new securities on subscriptions from holders of those
certificates and notes (see Table 4. footnotes 43 and 44).
if
HJ
21/
2lJ
2y
26/
22/
2g/
22/
20/'
21/
^
p
$1,569 million were redeemed for cash and $168 million were exchanged for the tax anticipation bills dated March 23 1962 (see
Table 4).
Holders of the maturing notes were not offered preemptive rights
to exchange their holdings, but were permitted to present them
in payment or exchange, in whole or in part, for the
$6 500
million offering of 3-1/2? certificates, the $1,500 million
offering of 4? bonds, or the $750 million offering of 4-1/4?
bonds. For detail of oflerlng, see Table
4.
Excess of maturing 4? notes and 3-1/4? notes over
allotments
of new securities on subscriptions from holders of those
notes
(see Table 4, footnotes 58 and 59).
From September 10 through September 12, 1962, owners
of securities
maturing February 15, 1963 (3-1/2? certificates, 2-5/8?
notes,
3-1/4? notes), and May 15, 1963 (3-1/4? certificates, 3-1/4? notes
4? notes) were granted the option of exchanging their holdings,
subject to allotment if subscriptions exceeded the offering
limits
of $6 billion for the notes ana
J3 billion for the bonds.
Called on August 14, 1962, for redemption on December
15, 1962.
Holders of the maturing one-year bills were offered the option'to
exchange the bills for the tax anticipation bills dated October
15,
1963 (see Table 4, footnote 76).
Holders of the maturing certificates and notes were not offered
preemptive rights to exchange their holdings, but were permitted to
present them in payment or exchange, in whole or in part, for the
$7,600 million offering of 3-7/8? notes. For detail of offering,
see Table 4.
Excess of maturing 3-1/8? certificates and 4-7/8? notes over allot>
ments of new securities on subscriptions from
holders of those
certificates and notes (see Table 4, footnotes
78 and 79).
Tax anticipation bills Issued to replace the maturing one-year bills
(see Table 4, footnote 81).
From January 13 through January 17, 1964, owners of securities
maturing August 15, 1964 (3-3/4? notes and 5? notes), November 15, 19&
(3-3/4? notes and 4-7/8? notes), February 15, 1965 (2-5/8? bonds). and
May 15, 1965 (4-5/8? notes) were granted the option of exchanging
their holdings subject to allotment if subscriptions exceeded the offering limits of $4 billion for the 4? bonds and $750 million for the
4-1/4? bonds. Subscriptions to the 4-1/4? bonds exceeded the limitation.
For allotment details see Table 4, footnote 83.
Preliminary.
February
1964
59
PUBLIC DEBT OPERATIONS
Table 8.- Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries
60
Treasury Bulletin]
February
1964
61
PUBLIC DEBT OPERATIONS.
Table 8.- Foreign Series Securities (Nonmarketable)
Issued to Official Institutions of Foreign Countries - (Continued)
(Payable in U. S. Dollars)
62
Treasury Bulletin
PUBLIC DEBT OPERATIONS
Table 0.- Foreign Currency Series Securities (Nonmarketable)
Iseued to Official Institutions of Foreign Countries
..
February
1964
63
.UNITED STATES SAVINGS BONDS.
being sold.
Series E and H are the only savings bonds currently
Series E has been on sale since May 1, igl+l,
April 30, 1957. Details of the principal changes In Issues,
and Series H has been on sale since June 1, 1952. Series
A-D were sold from March 1, 1935, through April 30, I9IH.
Series F and G were sold from May 1. 19'<-1, through April
Treasury Bulletins of April I951, May 1952, May 1957, October and December 1959, and May and October I96I.
30,
1952. Series J and K were sold from May 1, 1952 through
Interest yields, maturities, and other terms appear In the
Table 1.- Sales and Redemptions by Series, Cumulative through January 31, 1964
(In millions of dollars)
Amount outstanding
Sales
Accrued
discount
1/
Sales plus
accrued
discount
Redemptions
Interestbearing debt
]_/
Matured
noninterestbearing debt
13
4,991
Series A-D 2/
Series E and H
Series F, G, J, and K.
3,949
118,677
31,951
1,054
19,786
1,277
5,003
138,463
33,228
91,233
31,362
47,231
1,695
171
Total A-K.
154,577
22,117
176,694
127,586
48,925
183
Source:
Footnotes at end of Table 4.
Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
Table 2.- Sales and Redemptions by Periods, All Series Combined
(In millions of dollars)
Amount outstanding
Redemptions 1/
Fiscal years :
1935-1956.
1957
1958
1959
I960
1961
,
Calendar years
1935-1956
1957
1958
12,289
1,216
1,226
1,228
1,240
1,286
1,358
1,408
132,384
6,097
5,896
5,734
5,547
5,749
5,780
5,926
74,527
8,958
122,565
4,605
4,689
4,320
4,350
4,539
4,278
4,760
12,897
1,216
1,235
135,462
78,
Sales
price 2/
Accrued
discount 2/
Interestbearing debt
7,249
8,557
5,819
5,716
5,273
6,377
7,542
5,038
4,934
4,482
5,336
903
873
872
1,015
57,497
54,622
8,5U
69,191
8,055
7,671
4U
72,713
8,674
6,450
7,763
5,730
956
805
1,009
1,221
5,541
1,26^
1,322
1,397
1,423
5,612
5,861
5,675
9,630
7,255
8,772
6,732
5,595
5,602
6,183
September
413
399
347
137
113
115
October.
November.
December.
395
333
356
471
1961
1962
1963
Months:
1963- July
August.
781
782
791
51 ,984
50,503
47, 5U
47,514
47,607
48,314
Matured
noninterestbearing debt
360
374
364
331
280
240
211
157
:
1959
I960
.
1964-January.
Source:
120,095
4,881
i,670
4,506
4,307
4,464
4,421
4,518
Sales 1/
Period
1962
1963
Accrued
discount
Sales plus
accrued
discount
.
5,821
5,924
56,293
52,474
51,192
48,154
47,159
47,458
47,535
48,827
725
734
686
494
368
335
48,427
48,549
48,597
151
137
134
183
5,851
881
5,021
4,842
4,792
4,259
754
810
762
550
512
462
444
394
419
374
335
357
69
110
505
420
137
444
493
341
391
359
294
336
61
111
55
48,687
48,793
48,827
143
615
534
442
92
48,925
Daily Treasury statement; Office of Debt Analysis in the Office
of the Secretary.
59
62
48
Footnotes at end of Table 4,
331
201
147
142
201
,
...
.
Treasury Bulletin
64
.DNTEED STATES SAVIHGS BOHLS.
Table 3.- Sales and Redemptions by Periods, Series E through K
{In milllona of dollars
J
Redemptions
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Sales
price
Total
2j'
Amount outstanding
1y'
Accrued
discount 2/
Interest-bearing
debt
40,929
Series E and H combined
Fiscal years
1941-1956
1957
1958
1959
I960
:
84,463
4,613
4,670
4,506
4,307
4,464
4,421
4,518
10,298
1,133
53,832
5,176
5,187
5,107
5,502
4,627
4,603
4,500
50,038
4,444
4,432
4,310
4,616
3,906
3,873
3,759
3,794
732
755
797
886
1,386
94,761
5,746
5,831
5,680
5,501
5,717
5,753
5,904
742
46,359
86,763
4,507
4,689
4,320
4,350
4,539
4,278
4,760
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
97,625
5,649
5,867
5,489
5,574
5,832
5,650
6,164
56,228
5,469
4,856
5,519
4,996
4,484
4,636
4,557
52,105
4,686
4,129
4,636
4,202
3,781
3,882
3,823
4,122
783
727
883
794
703
754
733
41,398
41,578
42,589
42,559
43,137
413
399
347
135
112
114
548
510
461
407
364
387
340
306
326
67
58
46,500
46,647
60
46,721
October,
November
December
395
333
356
109
110
135
503
443
382
46
359
323
266
305
59
311
491
53
46,843
46,974
47,106
1964- January.
471
142
613
489
399
89
47,231
1/
15,239
3,605
3,235
2,063
6/
8/
2,921
1,139
1,059
500
169
116
74
128
771 2/
722
49
16,568
13,124
9,842
7,787
4,829
3,709
2,652
1,955
16,692
3,982
2,318
3,122
1,646
1,058
909
434
565
1961
1962
1963
Calendar years
1,161
1,174
1,194
1,254
1,331
721
731
41 ,498
42,142
42,716
42,715
43,806
U,955
:
19/11-1956
1957
195S
1959
I960
1961
1962
1963
Months
1963-July
August.
September
U,485
45,499
47,106
:
.
Series F, G, J,
Fiscal years
1941-1956.
1957
1958
1959
I960
31,683
268
1961
1962
1963
Calendar years:
1941-1956
1957
1958
1959
I960
31,853
937
83
6;
54
46
32
27
22
980
74
1961
58
52
38
29
1962
1963
25
19
Months:
1963-July
August. .
September
October..
November
December
1
anc^
K
combined 4/
:
964- January
.
Footnotes at end of Table 4.
32,619
352
65
54
46
32
27
22
32,833
172
58
52
38
29
25
19
15,739
3,774
3,350
2,137
3,049
1,188
1,110
17,257
4,153
2,395
3,246
1,732
1,108
963
462
7/
5/
6/7/
7/8/
8/2/
2/
59
51
171
77
125
86
50
55
28
14,895
10,896
8,603
5,594
4,022
2,973
2,036
1,721
37 2/
30
32
35
28
30
1,926
1,902
1,876
38
30
33
36
28
1,844
1,818
31
1,721
45
42
1,695
(Continued on following page)
. ..
1964
Februarif
65
.UNTEED STATES SAVINGS BONDS.
Table 3.- Sales and Redemptions by Periods, Series E through K
-
(Continued)
(In millions of dollars)
Redemptions 1/
Period
Sales 1/
Accrued
discount
Sales plus
accrued
discount
Total
Sales
price 2/
Accrued
discount 2/
Exchanges of
E bonds for
H bonds
Amount
outstanding
( interestbearing debt)
Series E
Fiscal years
1941-19 56...
1957
1953
1959
1960
1961
1962
1963
:
]
81,238
3,919
3,889
3,688
3,603
3,689
3,674
10,298
1,133
1,161
1,174
1,194
1,254
1,331
1,386
91,536
8U
219
191
37,898
37,969
38,067
38,040
37,456
37,817
33,260
39,166
794
703
754
733
278
212
199
208
33,037
37,335
38,206
37,748
37,597
38,140
38,537
39,740
311
279
291
67
58
60
21
17
16
39,262
39,378
39,431
352
283
329
293
237
276
59
46
53
17
13
14
39,519
39,630
39,740
461
371
89
24
39,801
4,797
4,943
5,005
53,638
4,981
4,951
4,889
5,181
4,394
4,343
5,300
4, 203
4,248
4,196
4,092
4,295
3,673
3,613
3,461
94,038
5,018
4,979
4,767
4,856
5,003
4,996
5,589
55,951
5,220
4,658
5,225
4,729
4,249
4,349
4,229
51,829
4,437
3,931
4,342
3,935
3,546
3,595
3,495
4,122
783
727
3,624
4,185
10,863
1,143
1,178
1,169
1,224
1,293
1,372
1,404
.
360
358
308
135
112
114
495
469
421
378
337
352
October.
November.
December.
348
297
317
109
110
135
457
407
452
405
U2
547
3,9U
5,052
5,049
4,862
49,
3,794
732
755
797
886
721
731
742
201
188
Calendar years;
19a-1956....
83,176
3,875
3,802
3,598
3,632
1957
1958
1959
I960
1961
1962
1963
3,711
Months ;
1963- July
August. .
September.
1964-January.
883
Series H
Fiscal years
|l|
:
1952-1956...
1957
1958
1959
I960
1961
1962
1963
Calendar years
1959
I960
1961
1962
1963
Months :
1963- July
August. . .
September.
October.
November.
December.
I-
3,225
694
782
318
704
775
747
604
194
196
236
217
322
233
260
298
194
196
236
217
322
233
260
298
3,537
631
387
722
718
828
654
,587
631
887
722
575
575
277
248
198
294
267
235
287
328
277
248
198
294
267
235
287
328
;
1952-1956
1957
1953
»l
3,225
694
782
818
704
775
747
604
1964- January.
718
828
654
53
53
41
28
27
28
41
39
39
35
35
47
36
47
36
30
29
30
28
39
39
30
29
30
66
66
28
27
-
..
I
Treasury Bulletin
66
.UNITED STATES SAYIMGS BONDS.
Table 4.- Redemptions of Matured and Unmatured Savings Bonds
(In millions of dollars)
Unmatured
Matured
Period
Total 1/
Total
Fiscal years :
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
Months:
1963- July
August .
7,249
8,557
5,819
5,716
5,273
817
792
1,761
2,747
3,941
4,263
4,115
3,730
3,621
4,126
2,673
2,593
2,250
5,651
5,074
6,149
6,985
7,301
8,264
9,630
7,255
8,772
6,732
5,595
5,602
5,021
772
1,015
2,318
3,171
4,230
4,246
4,156
3,393
4,701
3,033
2,555
2,387
2,043
254
968
1,328
1,500
2,047
1,891
2,084
1,691
2,433
394
419
145
175
145
120
154
123
341
391
171
142
133
147
120
110
534
150
133
6,137
5,109
5,621
6,515
7,251
7,846
8,958
8,5U
Calendar years:
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
.
September
October.
November.
December.
1964- January ,
Series E
and H
420
38
702
1,128
1,487
1,826
1,917
1,971
1,906
1,996
2,304
1,733
1,668
1,593
1,9U
1,633
1,656
1,617
Other
779
Total
Series E
and H
Unclassified
10/
.
.
February
,
.
1964
67
UNITED STATES SAVINGS BONDS
Table 5.- Sales and RedeniptlonE> by Denomi nations. Series E and H
i^
Combined
(In thousands of pieces)
Period
Total all
denominations
$10 2/
$25
$50
$100
$200 2/
$500
26,230
1,603
1,320
1,304
1,212
1,165
1,201
1,186
1,233
$1,000
Sales 6/
Fiscal years:
1,155,275
56,719
56,327
54,908
52,895
52,972
53,453
53,010
54,629
267,768
18,784
20,256
21,043
20,108
20,220
20,434
20,901
21,903
189,789
10,090
9,969
9,824
9,477
9,208
9,273
9,286
9,623
8,798
929
1,182,875
56,635
56,361
53,200
52,452
53,910
52,528
53,503
57,391
276,605
19,825
21,166
20,152
20,050
20,347
20,447
21,329
22,828
194,673
10,177
9,846
9,690
9,241
9,184
9,322
9,196
10,162
9,251
908
9,061
7,685
8,003
5,459
4,619
4,926
2,164
1,853
1,914
991
849
857
102
86
83
160
129
108
7,721
7,930
7,100
4,598
4,848
4,272
1,891
1,907
1,769
878
847
789
97
96
84
124
113
95
4,691
5,110
4,245
1,945
1,902
1,761
878
89
849
773
86
71
120
115
September.
7,852
8,179
7,029
October. . .
November.
December p.
8,593
7,162
7,808
5,356
4,421
4,846
2,075
1,733
1,915
882
763
80
71
1,618,857
442,750
271,490
19U-55.
1956.
1957.
1958.
1959.
1960.
1961.
1962.
1963.
Calendar years ;
1941-55
1956
1957
1958
1959
I960
1961
1962
1963p
1,696,608
90,053
90,160
89,431
85,882
85,607
86,495
86,479
»9,627
21,076
1,740,071
90,786
90,856
86,676
84,945
86,659
85,757
87,094
94,123
21,076
851
893
798
774
789
813
928
887
823
775
768
816
799
1,019
27,012
1,500
1,257
1,302
1,U1
1,173
1,247
1,098
1,325
Months;
1963- January.
February.
March. . .
April
May. ..
June.
July
Au^st
.
Inception to date p.
2,446,966
21,076
89
100
74
87
85
16,044
37,056
27,519
$5,000
,
Treasury Bulletin
68
.UNITED STATES SAVINGS BONDS
Table 6,- Sales by State©, Series E and H
Combined
(In thousands of dollars at issue price)
Inception
through
December 1963
State
1963
Jan.
2/
Feb.
Mar.
May
June
Oct.
Nov.
3,215
287
1,719
2,909
242
1,345
3,034
235
1,847
3,254
224
1,653
2,383
231
1,463
3,119
272
1,502
2,780
202
1,550
1,454
20,639
2,294
1,513
25,842
2,985
1,472
23,659
2,582
1,352
22,137
2,426
1,297
25,379
2,618
1,266
19,333
3,288
380
2,237
3,247
2,924
3,002
283
260
229
1,825
1,604
1,612
675,963
8,056,795
891,415
2,037
30,485
2,945
1,747
22,814
2,797
Connecticut
Delaware
District of Columbia.
1,830,874
315,458
1,232,191
6,799
2,473
3,353
Florida
Georgia
Hawaii
1,530,411
1,270,343
441,043
Idaho
Illinois
Indiana
Alabama
Alaska
Arizona
1,139,723
52,770 1/
431,5^6
Arkansas
California
Colorado
Aug.
Apr.
July
Sept.
1,372
1,414
U3
26, 547
2,557
2,342
1,224
25,229
2,443
5,632
292
2,860
6,292
1,700
3,306
5,700
1,291
4,457
5,820
2,142
3,306
6,326
785
3,495
5,631
2,361
2,769
6,3U
4,767
934
3,125
6,340
2,246
3,270
4,383
1,373
3,381
8,468
4,396
959
7,922
3,410
959
6,303
3,320
859
6,917
3,264
865
7,159
3,305
924
5,814
3,121
884
6,690
3,746
922
5,961
3,451
892
5,436
3,420
969
6,062
3,682
907
5,747
3,147
1,035
285,879
9,514,483
3,318,639
735
36,867
15,004
515
547
29,469
11,353
551
603
32,852
12,671
26,921
11,329
505
26,670
10,716
567
29,882
10,490
425
24,736
9,587
509
29,778
11,808
472
28,752
11,350
29,444
11,220
371
24,395
10,160
Iowa
Kansas
Kentucky
3,244,357
1,916,409
1,300,519
15,265
8,055
5,309
9,565
6,409
4,624
9,976
5,496
4,421
9,695
5,365
4,030
8,629
5,142
3,971
7,469
4,436
3,833
8,798
5,782
4,141
7,969
5,545
4,088
7,563
4,940
3,778
7,855
4,722
3,574
7,072
4,579
3,489
Louisiana
Maine
Maryl and
1,118,807
4A3,392
1,474,905
3,819
1,510
6,072
3,552
1,328
5,576
2,733
1,073
5,275
3,170
1,052
6,292
2,963
1,175
5,698
2,891
1,297
5,523
3,203
1,264
5,659
3,247
1,207
5,910
2,491
1,084
5,315
2,595
1,144
5,693
2,343
973
5,377
Massachusetts
Michigan
Minnesota
3,290,612
6,476,455
2,206,816
11,837
25,475
5,782
11,898
21,696
5,575
10,955
18,361
4,649
10,768
21,847
5,042
11,975
21,097
4,903
10,042
19,593
4,348
10,216
21,332
5,277
9,941
20,303
5,054
8,333
17,565
4,604
9,294
20,788
4,972
8,843
20,377
5,028
Mississippi.
Missouri
Montana
653,946
3,303,545
577,037
1,382
14,049
1,704
1,330
11,735
1,642
1,038
11,411
1,443
1,084
11,797
1,312
1,058
10,649
1,249
868
10,540
1,057
1,003
11,796
1,147
1,113
10,569
1,272
991
10,849
1,084
925
10,247
1,377
1,009
9,692
1,241
Nebraska
Nevada
New Hampshire
1,879,872
141,291
273,220
12,660
644
970
7,309
586
786
7,060
465
1,037
6,578
455
768
5,321
5,233
457
5,613
627
815
5,465
522
5.441
426
748
5,421
559
767
5,244
414
671
4,407,459
286,222
13,143,221
19,159
1,068
65,753
16,111
1,031
54,706
15,829
812
U,902
16,491
924
55,176
16,200
931
66,685
940
41,098
17,371
973
47,524
14,630
908
48,811
15,405
968
44,841
14,076
776
36,450
North Carolina
North Dakota
Ohio
1,306,438
580,062
7,340,911
4,244
1,896
29,870
4,432
1,852
24,782
3,210
1,342
23,488r
3,427
1,172
23,033
3,358
1,317
24,049
3,467
1,301
20,855
3,362
1,184
25,886
25, 863
3,382
1,089
22,503
3,328
1,230
22,906
3,610
1,413
21,306
Oklahoma
Oregon
Pennsylvania
1,44A,431
1,114,089
9,765,306
5,340
3,953
44,956
4,720
2,356
38,790
3,611
2,575
39,134
4,039
2,701
38,380
3,725
2,458
42,129
3,563
2,215
37,736
4,307
2,843
41,376
4,285
2,565
39,262
3,629
2,199
36,977
3,773
2,671
37,469
3,852
1,820
31,646
513,855
665,938
705,424
2,539
1,867
2,378
1,667
2,027
1,913
1,390
1,817
1,822
1,541
1,977
1,920
1,610
1,650
1,711
1,195
1,734
1,416
1,558
1,727
1,459
1,265
1,772
1,861
1,024
1,906
1,589
1,277
1,633
1,761
1,134
1,742
1,949
1,202,726
4,123,252
456,627
3,749
14,211
1,678
3,436
11,237
1,695
2,848
9,858
2,820
10,253
1,375
2,529
1,397
3,310
10,219
1,519
9,312
1,514
3,036
9,993
1,581
3,016
10,326
1,523
3,256
9,303
1,456
2,769
9,720
1,480
2,588
8,790
1,421
148,625
1,929,055
1,905,556
448
6,995
6,041
433
7,998
362
5,841
4,263
417
5,974
4,796
391
6,828
4,495
382
5,955
4,258
370
5,575
4,373
427
6,158
4,784
374
6,150
4,161
337
5,911
5,U1
4,412
4,052
1,195,369
2,634,422
225,236
5,334
8,711
682
4,333
7,141
4,283
6,715
639
4,553
6,609
474
4,396
6,668
475
4,013
6,974
4,385
8,025
417
4,709
7,198
459
3,943
6,431
442
4,254
6,597
428
4,161
5,927
459
70,509
64,406
3,389
221
275
276
402
15
311
230
268
322
24
235
279
261
191
119
269
34
480
343
158
182
21
309
117
17
20
20
New Jersey
New Mexico
New York
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Canal Zone
Puerto Rico
Virgin Islands
Undistributed and
adjustment to daily
Treasury statement.
Total
,
,
,
,
,
+3,684,568 4/
118,205,812
5,291
513
152
17
24,
25
540
653
14, 566
528
16,289
831
42,520
3,655
1,101
27
2,447
229
4,205
363
<-59,061
+38,464
+38,962r ^36,125
+22,524
+13,037
+34,291
+42,167
+9,759
+42,864
+20,775
525,282
424,801
396,700
413,607
409,881
346,674
413,033
398,613
347,190
394,740
333,218
Dally Treasury statement and reports from Federal Reserve Banks.
Source:
1/ Sales of Series H began June 1, 1952.
Figures include exchanges of minor amounts of Series F and J bonds
2/
for Series H bonds beginning January 1960; however, they exclude
exchanges of Series E bonds for Series H bonds.
2/ Excludes data for period April 1947 through December 1956, when
reports were not available.
In previous issues of the Bulletin, data
for period May 1941 through March 1947 were included in "Other
possessions," and data for calendar years 1957 and 1958 were included
in "Adjustment to daily Treasury statement."
Includes a small amount for other possessions.
Revised.
.
..
.
,
February
1964
69
OWNERSHIP OF FEDERAL SECURITIES.
Table 1.- Distribution of Federal Securities by Classes of Investors and Types of Issues
(
In millions of dollars)
Interest-bearing securities issued
by the U.S. Government
Total
Federal
securities outstanding
1/
End of
fiscal
year or
month
I
i
Held by U. S. Government
investment accounts 2/
Total
outstanding
Total
Public
issues
Special
issues
^
Held by private
investors
^
Held by
Federal
Reserve
Banks public
Interest-bearing securities guaranteed by the U.S. Government
Matured
debt
and
Held by
debt
Held by
U. S.
Total
bearing
Government private
outinvestment investors no
standing
interest
accounts
2/
Total
Public
marketable
issues
Public
nonmarketable
issues
2/
284,817
236, ini
268,486
274,698
281,833
283,241
55,501
55,842
54, 554
55,259
8,674
9,596
9,799
10,360
46,827
46,246
44,756
44,899
23,035
25,438
26,044
26,523
189,949
193,418
201,235
201,459
127,179
134,593
144,983
U9,546
56,252
51,913
1961.
1962.
1963.
289,211
298, 6i5
306,466
285,672
294,442
301,954
56,002
56,296
53,206
10,959
11,357
13,405
45,043
44,939
44,801
27,253
29,663
32,027
202,417
208,483
211,721
151,392
157,418
160,361
51,025
51,065
51,360
1962-Deoember.
303,988
299,209
55,412
11,987
43,426
30,820
212,977
162,553
50,424
517
1963- July
August. .
September.
305,482
307,209
307,328
300,938
302,525
302,664
56,921
58,726
58,130
13,196
13,207
13,480
43,724
45,519
44,650
32,468
32,391
32, 563
211,550
211,408
211,971
160,102
159,903
160,505
51,448
51,505
51,466
645
673
692
307, U7
308,933
310,089
302,458
304,093
305,213
57,038
57,562
57,796
13,755
14,009
32,758
33,667
33,593
212,662
212,864
213,825
161,095
161,129
162,089
51,567
51,734
51,735
704
717
U,137
43,283
43,553
43,658
741
188
187
184
309,339
304,499
56,361
14,4U
41,917
32,753
215,384
163,631
51,753
755
189
1957.
1958.
1959.
19&)
270, 63i
276, JM.
.
October.
November.
December.
.
1964.-January.
,
Daily Treasury statement for total amoiints outstanding; reports
from agencies and trust funds for secxirities held by U. S. Government
investment accounts; and reports from Federal Reserve System for
securities held by Federal Reserve Banks,
Includes certain obligations not subject to statutory limitation.
For
amounts subject to limitation, see page 1.
Includes accounts linder the control of certain U. S. Government agencies
whose investments are handled outside the Treasury.
Source:
3/
1/
4/
2/
62,770
58, 825
106
101
110
139
50
56
54
63
79
46
47
60
2,042
1,646
2,873
3,090
240
87
444
605
167
165
153
277
440
3,300
3,759
3,907
160
357
4,262
181
190
191
464
483
502
3,898
4,011
3,972
517
530
557
3,984
4,122
4,134
566
4,085
The total amount of interest-bearing securities held by private investors is calculated by deducting from the total amount outstanding the
amount held by U. S. Government investment accounts and Federal
Reserve Banks.
Consists of guaranteed securities held outside the Treasury. All are
public marketable issues.
Table 2.- Net Market Purchases or Sales of Federal Securities for
Investment Accounts Handled by the Treasury ^
(In millions of dollars; negative figures are net sales)
Year
Jan.
1940,
1941.
1942,
1943.
1944.
1945.
1946.
1947.
-9.5
-2.8
-.5
-14.5
-9.9
-67.5
-8.1
1948.
1949.
1950.
1951.
1952.
1953.
1954.
1955.
-.2
8.8
-6.6
36.8
1956.
1957.
1958,
1959,
I960,
1961,
1962,
-1.3
14.3
-123.4
1963,
1964,
80.7
148.7
1/
-20.9
12.0
30.0
-90.3
-105.1
-48.1
-.7
.1
22.1
24.6
7.0
23.0
U.l
17.5
-5.6
76.9
Apr.
Feb.
177.4
-1.8
13.5
261.2
6.7
8.8
-4.0
77.2
-5.7
-1.6
-.7
May
June
.4
.9
-.2
.4
.3
-35.2
-10.0
-34.4
-145.8
20.5
-56.4
-69.8
-359.2
5.8
-72.9
-11.5
-5.9
-16.5
-55.6
3.3
.4
-4.7
-61.3
-338.6
106.8
-12.1
1.5
1.1
8.4
19.9
36.2
-2.9
29.9
-30.4
-54.7
-1.9
11.4
5.1
6.3
482.7
.5
12.9
-22.4
18.9
.3
.4
-9.8
72.6
-155.9
23.0
16.5
-21.3
47.1
10.7
13.4
10.6
62.2
43.1
56.1
18.9
46.7
35.4
-2.1
44.0
16.4
19.5
18.2
142.1
293.5
32.3
-8.4
-15.8
-19.0
-.2
-41.2
-308.1
-4.5
-2.7
-28.1
-12.5
-74.1
-123.1
4.4
3.8
-2.0
4.7
1.9
7.2
4.6
5.1
1.4
7.9
-21.7
74.8
21.8
24.2
39.9
398.8
15.8
177.2
9.9
-14.5
15.4
-8.7
49.2
182.4
445.5
32.2
35.5
25.6
61.9
656.2
73.9
-59.0
5.7
313.4
-86.3
53.1
certain U. S. Government agencies whose investments are handled through
It will be noted that these
Sept.
-2.3
-67.8
-18.5
-17.0
-157.8
-609.1
3.5
1.5
20.1
-45.5
22.5
2.9
35.9
2.8
56.2
-88.4
Aug.
.2
Dec.
Oct.
-.3
-1.1
60.0
-5.0
-5.9
4.8
-12.0
-123.0
-14.1
-57.6
221.0
-20.3
696.4
.1
-.8
11.5
10.7
-3.6
11.7
-1.1
14.2
7.9
-.2
-.1
7.0
29.0
8.2
-4.4
-.2
5.4
-.1
8.2
Consists of purchases or sales made by the Treasury of securities issued
or guaranteed by the U. S. Government for (1) trust funds which by law
are under the control of the Secretary of the Treasury or of the
Treasurer of the United States, and (2) accounts under the control of
the facilities of the Treasury Department,
1.1
July
1.0
.3
5.0
2.8
3.5
38.4
-10.0
11.8
-1.7
5.8
8.4
16.5
17.0
21.1
-30.7
56.2
26.6
17.3
41.1
25.5
36.8
-23.3
83.9
-67.3
17.3
-304.4
8.4
10.3
10.6
28.3
3.4
25.1
325.5
71.6
105.5
57.3
-25.4
21.3
33.3
43.7
113.1
39.7
27.8
19.5
33.5
373.1
345.7
436.7
33.8
.4
-17.2
20.3
9.4
26.4
19.1
18.3
U.4
55.1
.6
41.0
234.8
transactions differ from those reflected in Table 1 because they
exclude those Government investment accounts for which investments
are not handled by the Treasury. Table 2 also includes purchases
under Section 19 of the Second Liberty Bond Act, as amended (31 D.S.C.
754a), and excludes the Exchange Stabilization Fund.
Less than $50,000.
..
..
.
Treasury Bulletin
70
OWNERSHIP OF FEDERAX SECURITIES.
Table 3,* Estimated Ownership of Federal Securities
{Par values 1/ in billions of dollars)
Held by private nonbank investors
Held by banks
End of
month
Total
Federal
securities
outstanding 2/
U.
Commercial
banks
Federal
Reserve
Banks
i/
S.
Government investment
accounts
Individuals 4/
Savings bonds
Total
Total
Series
E and H
1939- Dec...
47.6
15.9
2.5
6.5
22.7
19iO-June..
Dec...
4S.5
50.9
16.1
17.3
2.5
2.2
7.1
7.6
22.8
23.9
10.1
10.6
19U-June.
55.3
64.3
19.7
21.4
2.2
2.3
8.5
9.5
25.0
31.0
11.2
13.6
77.0
112.5
26.0
41.1
2.6
6.2
10.6
12.2
37.7
53.0
140.8
170.1
52.2
59.9
7.2
11.5
14.3
16.9
1944- June..
Dec...
202.6
232.1
68.4
77.7
14.9
18.8
19i5-June..
Dec...
259.1
278.7
84.2
90.8
1946-Feb. 2/
June.
279.8
269.9
259.5
Other
series
^
Other Insurance
secu- companies
rities
Mutual
savings
banks
State
and
Corporalocal
tions G/
govern-
ments
Foreign
and international
2/
1.9
8.2
6.3
3.1
2.2
2.6
2.8
7.5
7.8
6.5
6.9
3.1
3.2
2.1
2.0
.4
.5
.2
.2
3.4
4.2
7.6
8.2
7.1
8.2
3.4
3.7
2.0
4.0
.6
.7
.2
1.1
17.8
23.7
3.7
6.9
5.4
6.5
8.7
10.3
9.2
11.3
3.9
4.5
4.9
10.1
.9
1.0
.4
.8
67.0
81.7
30.9
37.6
11.3
16.0
7.9
8.7
11.7
12.9
13.1
15.1
5.3
6.1
12.9
16.4
1.5
2.1
1.3
1.5
19.1
21.7
100.2
114.0
46.1
53.3
21.1
25.5
10.1
10.7
U.9
17.1
17.3
19.6
7.3
8.3
20.2
21.4
3.2
4.3
1.4
1.7
21.8
24.3
24.9
27.0
128.2
136.6
59.1
64.1
29.1
30.7
11.6
12.2
18.5
21.2
22.7
24.0
9.6
10.7
23.3
22.2
5.3
6.5
2.0
2.4
93.8
84.4
74.5
22.9
23.8
23.3
28.0
29.1
30.9
135.1
132.6
130.7
64.1
63.3
64.2
30.8
30.4
30.3
12.5
13.1
13.9
20.8
19.9
20.1
24.4
24.9
24.9
11.1
11.5
11.8
19.9
17.8
15.3
6.7
6.5
6.3
2.4
2.2
2.1
258.4
257.0
70.0
68.7
21.9
22.6
32.8
34.4
133.7
131.3
66.6
65.7
30.8
31.0
14.7
15.2
21.1
19.4
24.6
23.9
12.1
12.0
13.7
14.1
7.1
7.3
3.4
2.7
1948- June..
Dec...
252.4
252.9
64.6
62.5
21.4
23.3
35.8
37.3
130.7
129.7
65.8
65.5
31.6
32.2
15.5
15.6
18.6
17.6
22.8
21.2
12.0
11.5
13.6
14.8
7.8
7.9
2.6
2.8
1949- June..
Dec...
252.8
257.2
63.0
66.8
19.3
18.9
38.3
39.4
132.2
132.1
66.6
66.3
33.1
33.8
15.7
15.5
17.8
17.0
20.5
20.1
11.6
11.4
15.8
16.8
8.0
8.1
2.9
2.9
19 50- June.
Deo...
257.4
256.7
65.6
61.8
18.3
20.8
37.8
39.2
135.6
134.9
67.4
66.3
34.5
34.5
15.4
15.1
17.6
16.7
19.8
18.7
11.6
10.9
18.4
19.7
19 51- June.
Deo...
255.3
259.5
58.4
61.6
23.0
23.8
41.0
42.3,
132.9
131.8
65.4
64.6
34.5
34.7
14.6
14.4
16.3
15.5
17.1
16.5
10.2
9.8
20.1
20.7
9.4
9.6
4.2
4.3
1952- June..
259.2
267.4
61.1
63.4
22.9
24.7
44.3
45.9
130.8
133.4
64.8
65.2
34.9
35.3
14.1
13.8
15.7
16.0
15.7
16.0
9.6
9.5
18.8
19.9
10.4
11.1
4.7
5.3
1953-June..
Dec...
266.1
275.2
58.8
63.7
24.7
25.9
47.6
48.3
135.0
137.3
66.1
64.8
36.0
36.7
13.2
12.7
16.8
15.4
16.0
15.9
9.5
9.2
18.6
21.5
12.0
12.7
5.7
5.9
19 54- June..
Deo...
271.3
278.8
63.6
69.2
25.0
24.9
49.3
49.6
133.3
135.1
64.7
63.4
37.5
38.2
12.1
11.7
15.1
13.5
15.4
15.3
9.1
8.8
16.6
19.2
13.9
14.4
6.0
6.3
1955-June..
274.4
280.8
63.5
62.0
23.6
24.8
50.5
51.7
136.7
142.3
65.0
64.7
39.3
40.1
10.9
10.2
14.8
14.5
15.0
14.6
8.7
8.5
18.8
23.5
U.7
15.4
6.8
7.5
Dec.
272.8
276.7
57.3
59.5
23.8
24.9
53.5
54.0
138.3
138.2
66.2
65.5
40.9
41.4
9.4
8.7
15.9
15.4
13.6
13.2
8.4
8.0
17.7
19.1
16.1
16.3
7.9
7.8
1957-June..
Dec...
270.6
275.0
56.2
59.5
23.0
24.2
55.6
55.2
135.9
136.1
65.6
64.0
41.5
41.6
7.6
6.6
16.5
15.8
12.7
12.5
7.9
7.6
16.8
18.6
16.8
16.6
7.6
7.6
1958-June.
Deo...
276.4
283.0
65.3
67.5
25.4
26.3
55.9
54.4
129.9
134.8
63.7
63.0
42.1
42.5
5.9
5.2
15.7
15.3
12,
7.4
7.3
14.8
18.8
16.3
16.5
6.5
7.7
1959- June..
Dec...
284.8
290.9
61.5
60.3
26.0
26.6
54.6
53.7
142.6
150.3
65.3
68.0
42.6
42.4
4.5
3.5
18.3
22.1
12,
12,
7.3
6.9
20.8
22.8
16.9
18.0
10.1
12.0
I960- June.
Dec...
286.5
290.4
55.3
62.1
26.5
27.4
55.3
55.1
149.3
145.8
68.0
64.7
42.5
42.9
3.1
2.7
22.4
19.1
12.0
11.9
6.6
6.3
21.2
20.1
18.8
18.7
12.3
13.0
1961- June..
Dec...
289.2
296.5
62.5
67.2
27.3
28.9
56.1
54.5
143.3
145.9
63.1
65.0
43.6
44.2
2.5
2.2
17.1
18.5
11.4
11.4
6.3
6.1
20.0
19.7
19.3
18.7
12.7
13.4
1962- June..
July..
Aug...
Sept..
Oct...
11.3
11.5
11.5
11.4
11.5
11.5
11.5
11.5
11.4
11.2
11.1
11.0
10.8
10.9
10.9
11.0
11.0
11.0
11.0
6.3
6.3
19.6
20.0
21.1
19.0
19.9
21.8
20.1
21.0
21.6
20.7
21.0
22.2
20.2
19.7
19.9
19.9
19.8
19.6
152.4
153.7
152.8
153.2
153.6
151.7
2.0
2.0
2.0
2.0
1.9
1.9
1.8
1.7
1.7
1.6
1.6
1.6
1.5
1.5
1.5
1.4
1.4
1.4
1.4
18.1'
54.5
55.1
55.1
54.3
57.1
58.4
57.1
58.9
58.3
57.2
57.7
58.0
64.7
65.1
65.0
65.1
64.9
65.0
65.2
65.6
65.8
66.3
65.8
65.4
65.5
66.0
66.1
66.5
66.6
66.8
66.8
44.6
44.7
44.8
44.9
14.1
14.2
14.6
15.1
15.4
15.4
15.3
15.3
15.2
15.4
15.6
15.9
15.8
310.1
29.7
29.8
30.4
29.8
30.2
30.5
30.8
30.3
30.6
31.0
31.2
31.3
32.0
32.5
32.4
32.6
32.8
33.7
33.6
147.3
148.2
149.9
148.5
149.8
Deep.
65.2
64.8
65.0
65.2
66.5
66.1
67.2
66.7
65.8
64.7
65.1
63.9
64.4
63.3
61.7
63.0
63.1
62.7
64.1
56.
55.
57.
56.
56.
57.
55.
Aug. .
Sept..
Oct...
Nov.
298.6
298.3
302.3
300.0
302.6
305.9
304.0
303.9
305.2
303.5
303.7
305.8
306.5
305.5
307.2
307.3
307.1
308.9
Dec.
1942- June.
Dec.
19i3-June.
Dec.
Dec.
1947- June.
Dec.
Dec
Dec
.
..
1956-June..
Nov.
Deo...
.
1963- Jan...
Feb...
Mar...
Apr .
May
June.
July.
.
.
.
.
151.4
150.4.
152.7
154.2
153.5
154.1
154.8
154.4
.2
U.9
45.0
45.1
45.3
45.5
45.6
45.7
45.8
46.0
46.1
46.2
46.3
46.4
46.6
46.7
Office of Debt Analysis in the Office of the Secretary.
Source:
1/ United States savings bonds, Series A-F and J, are included at
current redemption value.
2/ Securities issued or guaranteed by the U. S. Government, excluding
guaranteed securities held by the Treasury.
2/ Consists of commercial banks, trust companies, and stock savings
banks in the United States and in Territories and Island possessions.
Fieures exclude securities held in trust departments.
4/
V
6/
2/
8/
2/
18.3
18.2
18.3
18.1
18.2
18.3
18.6
18.7
19.1
18.4
18.0
18.1
18.4
18.4
18.7
18.8
18.9
18.8
12,
6.1
6.1
6.1
6.3
6.1
6.1
6.1
6.1
6.1
6.0
5.8
5.8
5.8
20.51
21.3
19.6
20.4
21.6
20.7
.2
.4
3.5
4.3
19.
19.
19.
19.
20.
20.
20.
20.7
20.9
21.2
20.9
20.7
20.3
20.8
15.6
15.9
16.0
15.9
16.0
16.0
Includes partnerships and personal trust accounts.
See savings bonds tables.
Discontinued series.
Exclusive of banks and insurance companies.
Consists of the investments of foreign balances and international
accounts in the United States.
Consists of savings and loan associations, nonprofit institutions,
corporate pension trust funds, and dealers and brokers.
Preliminary.
Immediate postwar debt peak, p
:
\February
:
,
1964
71
SUWEY OF OWNERSHIP, DECEMBER
.TSEASUEY
31, 1963,
The monthly Treasury survey of Ovmershlp covers secu-
corporations and savings and loan associations In the Sep-
rities issued by the United States Oovernment and by Fed-
tember i960 Bulletin, and for State and local governments
ieral agencies.
The banks and Insurance companies Included
In the February 1962 Bulletin.
In the Suxwey currently account for about $0 percent of all
such securities held by these Institutions.
Holdings by commercial banks distributed according to
The similar
Federal Reserve member bank classes and nonmember banks are
proportion for corporations and for savings and loan asso-
published for June 30 and December 31. Holdings by corporate pension trust funds are published quarterly, first
ciations Is ^0 percent, and for State and local governments,
60 percent.
Data were first published for banks and In-
appearing In the March
195I+
Bulletin.
surance companies In the May 19*^1 Treasury Bulletin, for
Section
I
-
Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
Total
amount
outstanding 1/
Classification
j
lnterest-bearing securities:
Public marketable
Public nonmarketable 6/....
Special issues
Total interest-bearing
securities
ij
I
!
jj
Matured debt and debt bearing
no interest 8/
Insurance companies
6,070
commercial
banks
mutual
savings
banks
2/1/
2/
505
300
life
488
U9^ fire, savings 469
casualty, and loan corpoassocia- rations
and
tions
marine
State and local
governments
135
pension
295
general and refunds
tirement
funds
Held by
S. Government investment accounts
and Federal
Reserve Banks
U.
all
other
investors
^
Memorandum:
Held by
16,019
corporate
pension
trust funds
208,313
53,984
43,658
54,943
270 2/
5,647
136
4,855
413
4,508
78
,338
10,427
7,404
7
127
5,080
225
45,667
2,247
43,658
66,U3
82
50,397
2,145
140
305,955
55,214
5,783
5,268
4,586
3,420
10,434
7,531
5,306
91,572
116,840
2,285
4,134
Total securities issued or guaranteed by U. S. Government ^..
310,08
Footnotes at end of Table 4.
Table 2.- Summary of Interest-Bearing Public Marketable Securities
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
State and local
governments
Insurance companies
Classification
Total
amount
outstanding
488
6,070
commercial
banks
mutual
savings
banks
2/ 3/
2/
505
fire, savings 469
casualty, and loan corpoand
associa- rations
494-
300
life
tions
185
pension
295
general and retirement
funds
funds
Held by
S. Government investment accounts
and Federal
Reserve Banks
U.
all
other
investors
^
Memorandum:
Held by
16,019
corporate
pension
trust funds
By type of security;
Issued by U. S. Government:
Treasury bills
Certificates of indebtedness. ,
Treasury notes
Treasury bonds
Guaranteed by U. S. Government 2/
Total.
236
268
34
922
4,277
145
207
4,393
96
399
120
1,157
2,819
13
54,943
5,647
4,855
4,508
3,338
10,427
7,404
97,848
65,055
20,669
4,302
4,524
15,172
19,600
26,718
7,567
431
698
301
156
587
2,587
568
1,098
833
162
101
491
7,909
2,383
65
4,510
1,070
741
1,500
1,958
641
110
102
184
13
4,855
4,508
209
336
885
49
685
,596
973
1,708
1,419
51,539
10,939
58,680
86,413
741
9,290
1,458
20,011
24,121
208,313
63_
150
9
20
490
2,507
6,178
419
2,479
1,351
3,688
224
795
2,697
181
620
1,U2
32
13,612
25,628
124
420
1,062
5,08
45,667
66,443
2,145
35,714
17,549
6,900
1,363
1,152
3,641
124
932
490
31
85
25,637
5,512
7,213
18,854
13,903
184
1
152
,716
12
By maturity distribution;
^all classes (due or first
becoming callable)
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
20 years and over
Guaranteed securities 2/'
Total
Maturity classes (final
maturity)
Within 1 year
1 to 5 years
5 to 10 years
10 to 15 years
15 to 20 years
20 years and over
Guaranteed securities 2/.
Total
Footnotes at end of Table 4.
63
1,265
1,487
1,158
150
246
1,197
145
208,313
54,943
5,647
89,403
58,487
35,682
2,244
6,113
15,642
741
16,703
26,107
11,075
336
196
463
63
290
1,215
145
208,313
54,943
5,647
377
166
453
1,211
2,009
87
96_
96
71
133
191
13
4,508
9
337
349
60
278
859
409
361
392
646
486
2,755
31
25,942
11,732
2,475
981
1,407
2,945
184
3,338
10,427
7,404
5,080
45,667
66,443
2,145
378
919
1,202
114
139
7,671
2,397
4,336
772
810
24,424
10,568
5,157
8
92
497
898
31
1,596
3,067
134
33,719
14,301
12,144
698
1,691
3,767
124
834
442
290
301
169
692
119
884
5,080
45,667
66,443
85
1
501
85_
3,338
10,427
7,404
2,884
670
391
77
74
170
12
537
34
109
178
12
2,145
.
..
Treasury Bulletin
72
.TREASUEI
SmrEY OF OWNERSHIP, DECEMBER
31, 1963.
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest -Bearing Public Marketable Securities by Issues
(Par values - millions of dollars)
Held by investors covered in Treasury Survey
Insurance companies
Total
amount
outstanding
Issue
6,070
505
conimer-
banks
mutual
savings
banks
2/2/
2/
cial
494 fire,
life
casualty,
and
marine
86
26
249
68
11
12
300
488
savings 469
and loan corpoassociations
State and local
governments
S. Government investpension ment accounts
295
general and re- and Federal
funds
tirement Reserve Banks
funds
U.
185
Held by
all
other
investors 4/
Treasury bills;
Regid.ar weekly:
1964 - Mar. 1964.
1964 - June 1964.
Jan.
Apr.
Tax anticipation:
Mar.
1964
27,928
135
65
10, 607
4,505
1,746
2,001
151
2,496
2,501
1,998
1,001
1,002
1,000
1,005
413
460
383
332
316
273
712
10
15
3
1
17
9
18
13
16
5
8
2
7
10
51,539
9,290
268
6,741
4,198
1,161
297
31
10,939
2,016
4,399
2,316
5,019
4,195
6,398
2,113
7,977
2,954
5,653
4,010
3,475
4,433
457
490
466
315
675
357
107
59
2,882
1,129
2,088
602
1,103
35
173
252
303
145
286
105
61
133
15
3,471
1,310
14,272
5,586
46
643
113
188
64
202
18
1,451
1,397
1,029
392
419
334
114
5,512
25,637
One-year:
Jan.
Apr.
1964.
1964.
July 1964.
Aug.
1964.
Sept. 1964.
Oct.
1964.
Nov.
1964.
Total Treasury bills
Certificates of indebtedness:
Feb.
1964-A.
3-1/4*
May
3-1/4
1964-B.
Total certificates
Indebebtedness.
.
Treasury notes:
May
3-3/456
May
4-3/4
5
3-3/4
4-7/8
3-3/4
4-5/8
3-7/8
3-1/2
3-5/8
4
3-5/8
3-3/4
1-1/2
1-1/2
1-1/2
1-1/2
1/2
1/2
-1/2
-1/2
-1/2
1/2
Aug.
Aug.
Nov.
Nov.
May
May
Nov.
Feb.
Aug.
Feb.
Aug.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1964-D.
1964-A.
1964-B..
1964-E.
1964-C.
1964-F..
1965-A..
1965-C.
1965-B..
1966-B..
1966-A..
1967-B..
1967-A.
1964-EA.
1964-EO.
1965-EA.
1965-EO.
1966-EA.
1966-EO.
1967-EA.
1967-EO.
1968-EA.
1968-EO.
Total Treasury notes.
Treasury bonds
2-1/2%
June
2-1/2
Dec.
270
457
212
24_
12
2
9
7
11
17
8
5
178
91
124
131
113
399
236
6,178
103
17
16
336
3
1,458
34
120
895
348
308
1,771
671
11
78
92
48
128
948
29
7
6
610
116
132
4
27
65
71
60
60
69
10
101
32
100
2
87
21
7
131
90
108
79
32
41
62
28
3
1,992
1,722
3,202
1,377
2,018
2,587
125
88
11
66
22
72
88
36
75
210
153
297
209
139
245
86
11
150
1
13
12
1
3
1
4
4
61
4
31
1
15
11
106
4
20
11
7
9
7
21
2
33
31
5
22
2
54
46
1_
181
33
132
91
3,925
3,287
978
464
20
419
224
7,213
1,442
13
14
13
25
88
65
29
116
47
204
39
25
22
82
4_
28
12
23
254
110
147
14
98
87
211
249
3
281
671
35
23
937
1,493
1,160
778
886
756
1,234
1,356
717
1,005
1,128
51
4
4
2,346
223
1,739
2,331
4,153
428
4,061
63
116
5
539
31
1
13
64
16
1
1,685
174
318
1
15
92
97
57
87
3
51
4
18
*
89
50
73
150
125
65
43
45
60
33
69
13
58,680
20,011
922
207
,461
647
656
800
879
41
102
U
54
117
151
101
126
5
871
1
490
2,479
795
152
18,854
13,612
121
20
75
47
10
80
22
29
9
145
19
204
247
112
519
547
585
794
388
317
45
215
129
315
446
1,157
:
3
Feb.
2-1/2
2-1/2
2-5/8
2-1/2
-1/2
-3/4
June
-3/8
-1/2
-1/2
3-5/8
2-1/2
3-7/8
3-3/4
3-7/8
4
4
4
4
3-7/8
4
4
4
3-7/8
4-1/4
3-1/4
Dec.
Feb.
Mar.
Mar.
May.
Aug.
Nov.
June
Sept.
Nov.
Dec.
Megr
Aug.
Nov.
Feb.
Oct.
Aug.
Aug.
Nov,
Feb.
Aug.
Aug.
Nov.
May
June
1962-67.
1963-68.
1964. . .
1964-69.
1964-69.
1965....
1965-70.
1966-71.
1966
1966....
1966....
1967-72.
1967-72.
1967
1967-72.
1968. . .
1968....
1968
1969....
1969....
1970
1971
1971
1972....
1972
1973....
1974.
1975-85.
1978-83.
.
.
,814
,634
,630
,541
,682
,418
,406
,862
,024
,851
,309
,952
,604
,757
,460
,747
,591
,844
,538
,906
,806
,760
,344
,579
,894
716
2,121
388
206
1,413
674
470
810
173
925
1,211
221
727
2,164
827
958
588
651
1,146
970
1,015
746
1,492
336
10
,589
31
,2U
7
12
1
230
2C2
20
130
84
47
76
95
9
139
34
161
101
208
158
116
87
9
if)
16
3
35
69
39
28
68
72
94
65
84
142
34
18
16
16
124
15
38
90
3
81
14
155
88
109
157
145
164
259
20
10
22
17
29
84
87
106
49
18
9
44
98
141
124
90
94
57
67
32
34
25
34
22
69
50
1
31
52
33
90
71
75
33
564
30
21
42
7
4
30
52
23
5
42
67
111
67
66
33
14
70
152
37
10
21
53
3
140
71
33
48
78
91
52
85
7
31
19
60
36
4
17
10
65
42
31
83
82
61
167
71
60
26
48
53
62
75
173
112
124
150
114
10
38
7
10
10
12
9
5
21
65
2u
20
76
46
4
1
5
3
19
23
56
23
16
44
83
36
38
87
92
38
219
48
52
42
152
119
129
398
80
817
224
430
405
36
214
367
67
519
311
205
475
318
670
122
139
545
610
623
1,053
609
383
997
217
621
740
554
1,105
1,724
944
698
488
467
1,173
938
780"
900
657
832
1,153
698
126
539
.
February
1964
73
.T3EASUBI SURVEY OF OWNERSHIP, DECEMBER 31, 1963.
Section I - Securities Issued or Guaranteed by the United States Government
Table 3.- Interest -Bearing Public Marketable Securities by Issues - (Continued)
(Par values - in millions of dollars)
Held by investors covered in Treasury Survey
State and local
governments
Insxirance companies
Total
amount
outstanding
Issue
Treasury bonds Feb.
"4!f
3-1/2 Nov.
3-lA May
Continued)
1980.
1980
1985....
1987-92.
1988-93.
1989-94.
1990
1995....
1998. . .
c online r-
banks
mutual
savings
banks
S/ 2/
2/
cial
70
96
1,129
365
250
1,560
4,910
2,508
4,449
87
9
104
123
Total Treasury bonds...
86,413
24,121
Guaranteed securities 2/.
741
208,313
3
3-1/2
Aug.
Feb.
May
Feb.
Feb.
Nov.
300
life
^88
/S^ fire, savings
casualty, and loan
and
associations
marine
U69
corporations
Government invest185
ment
accounts
pension
295
general and re- and Federal
funds
tirement Reserve Banks
funds
U.
S.
all
other
investors
^
Memorandum:
Held by
16,019
corporate
pension
J
trust funds
y
8
92
154
40
9
10
189
397
159
103
37
52
82
55
74
46
27
25
99
4
1
1
9
90
160
49
417
129
964
539
1,082
20
80
27
29
4,277
4,393
2,819
2,507
63
145
96
13
85
54,943
5,647
4,855
4,508
3,333
43
74
160
176
102
166
716
691
451
1,097
178
915
883
269
210
100
95
327
916
1,216
777
28
65
41
16
57
17
2
295
149
222
356
131
161
67
26
370
855
546
730
1,351
2,697
4,716
13,903
25,628
1,062
31
184
124
12
45,667
66,443
2,145
8
50
3
5
4
14
181
64
58
5
9
5
Total public marketable
securities
10,427
7,404
5,08
Footnotes at end of Table 4.
Table 4.- Interest-Bearing Public Nonmarketable Securities by Issues
i
Held by
;
2,610
A
i-1/8
3-1/2
I
505
1,9U
i-iA
!|
(
6,070
74
February
1964
75
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1963
The tables which follow provide an analysis of the
security holdings of ooramerclal banks reporting In the
This analysis of commercial bank ownership was first
Treasury survey of ownership of securities Issued by the
United States Government and by Federal agencies. The
*
published In the May 19^^^ Issue of the "Treasury Bulletin,
has
It
based on the survey data for December 31, 19'+3.
appeared at semiannual or quarterly Intervals since that
figures show the total holdings distributed according to
time,
Federal Reserve member bank classes and nonmember banks.
cember 31 survey data.
Section
I
and Is now being published for the June 30 and De-
Interest -Bearing Securities Issued or Guaranteed by the United States Government
Table 1.- Summary of All Securities
(Par values - in millions of dollars)
Classification
..
76
Treasury Bulletin
.TREASUEY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1963,
Section
-
I
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 3.- Public Marketable Securities by Issues
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
6,070
commercial
banks 1/
Issue
Treasury bills;
Regular weekly:
Jan.
1964 - Mar. 1964.
Apr.
1964. - June 1964.
Tax anticipation:
Mar.
1964
1964.
1964.
1964.
Aug.
1964.
Sept. 1964.
Oct.
1964.
Nov.
1964.
3,583
1,472
487
236
151
132
78
413
July
Total Treasury bills.
Certificates of indebtedness
3-1/4/f
Feb.
1964-A
3-1/4
May
1964-B
Total certificates of
indebebtedness
Treasury notes;
3-3/4^
May
May
4-3/4
5
3-3/4
4-7/8
3-3/4
4-5/8
3-7/8
3-1/2
3-5/8
4
3-5/8
3-3/4
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
1-1/2
Aug.
Aug.
Nov.
Nov.
May
May
Nov.
Feb.
Aug.
Feb.
Aug.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
Apr.
Oct.
1964-D.
1964-A..
1964-B.
1964-E.
1964- C.
1964-F..
1965-A..
1965-C.
1965-B.
1966-B..
1966-A..
1967-B..
1967-A.
1964-EA.
1964-EO.
1965-EA.
1965-EO.
1966^ EA.
1966-EO.
1967-EA.
1967-EO.
1968- EA.
1968-EO.
Total Treasury notes.
Treasury bonds;
2-1/2^
June
2-1/2
Dec.
3
Feb.
2-1/2
2-1/2
2-5/8
2-1/2
2-1/2
3-3/4
June
3
3-3/8
2-1/2
2-1/2
3-5/8
2-1/2
3-7/8
3-3/4
3-7/8
4
4
4
4
3-7/8
4
4
4
3-7/8
4-1/4
3-1/4
Dec.
Feb.
Mar.
Mar.
May
Aug.
Nov.
June
Sept.
Nov.
Deo.
May
Aug.
Nov.
Feb.
Oct.
Aug.
Aug.
Nov.
Feb.
Aug.
Aug.
Nov.
Mey
June
1962-67.
1963-68.
1964....
1964-69.
1964-69.
1965....
1965-70.
1966-71
1966.
1966
1966
1967-72.
1967-72.
1967
1967-72.
1968
1968
1968
1969....
1969
1970
1971
1971
1972
1972
1973
1974
1975-85..
1978-83..
.
.
;
13
New York
City
4,505
1,746
One-year:
Jan.
Apr.
208 Reserve city
3,854
member
banks
.
.
February
1964
77
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1963
Section
Interest-Bearing Securities Issued or Guaranteed by the United States Government
Table 3.- Public Marketable Securities by Issues - (Continued)
-
I
(Par values - in millions of dollars)
Federal Reserve member banks
Issue
Treasury bonds - (Continued
~4?
Feb.
1980
3-1/2 Nov.
1980
3-1/4 May
1985
1987-92..
4-1/4 Aug.
Feb
1988-93
4
4-1/8 May
1989-94..
3-1/2 Feb.
1990
Feb.
1995
3
3-1/2 Nov.
1998
.
Total Treasury bonds
Guaranteed securities ij .
.
Total public marketable
securities
Held by
6,070
commercial
banks 1/
208 Reserve city
3,854
member
banks
13
New York
City
12
Chicago
183
other
70
53
3
96
84
67
33
25
8
7
9
104
123
9
87
48
74
86
108
38
20,638
63
59
17
12
20
2
2
5
4
1
«
19
28
9
11
16
51
10
11
7,495
10,286
3,483
25
27
17,223
21,794
50
54,943
47,031
2,084
6,183
773
1,832
Footnotes at end of Table 4.
Table 4.- Public Nonmarke table Securities by Issues
(Par values - in millions of dollars)
2,216
nonmember
banks
49
45
34
62
24,121
3,646
country
80
20
18
14
7,912
,...
....
.
..
.
78
Treasury Bulletin
.TREASURY SURVEY - COMMERCIAL BANK OWNERSHIP, DECEMBER 31, 1963,
Section II
-
IntereBt-Bearlng Securities Issued by Federal Agencies But
Not Guaranteed by the United States Government
(Par values - in millions of dollars)
Federal Reserve member banks
Held by
6,070
commercial
banks 1/
Issue
y
Banks for cooperatives
3-5/8* Feb. 1964 (Debentures)
Apr.
3.80
1964 (Debentures).
3-7/8 June 1964 (Debentures).
208 Reserve city
3,854
member
banks
13
New York
City
12
Chicago
183
other
3,646
country
2,216
nonmember
banks
;
61
Total banks for cooperatives.
Federal home loan banks; 6/
Jan.
3.20if
1964 (Notes)
3.25
Feb.
1964 (Notes)
3.85
Feb.
1964 (Notes)
3.40
Mar.
1964 (Notes)
3.30
Apr.
1964 (Notes)
3.70
May
1964 (Notes)
3-1/2 June 1964 (Notes)
July 1964 (Notes)....
3.95
Aug.
3.90
1964 (Notes)
Sept. 1964 (Notes)
4
3-1/2 Oct. 1964 (Bonds)
3-3/4 Sept. 1965 (Bonds)
4-1/8 Aug. 1966 (Bonds)
Federal land banks; 7/
4-1/2? Apr. 1964
(Bonds)
3-7/8 Aug. 1964
(Bonds).
Oct.
4
1964
(Bonds).
Oct.
4
1965
(Bonds).
Dec.
4
1965
(Bonds).
3-5/8 Feb. 1966
(Bonds).
3-1/4 May
1966
(Bonds).
4-1/4 July 1966
(Bonds)
4-1/8 Feb. 1967-72 (Bonds).
May
4
1967
(Bonds)
4-1/8 Oct. 1967
(Bonds).
4-1/2 Oct. 1967-70 (Bonds).
4-1/4 Mar. 1968
(Bonds).
June 1968
4
(Bonds).
4-3/8 Mar. 1969
(Bonds).
4-5/8 July 19&9
(Bonds).
5-1/8 Feb. 1970
(Bonds)
3-1/2 Apr. 1970
( Bonds)
5-1/8 July 1970
(Bonds).
3-1/2 May
1971
(Bonds).
3-7/8 Sept. 1972
(Bonds).
4-1/8 Feb. 1973-78 (Bonds).
4-1/2 Feb. 1974
(Bonds).
Total Federal land banks.
Federal National Mortgage
Association;
3-5/8!e May
1964 ( Debentures)
Sept, 1964
4
( Debentures)
3-7/8 Deo. 1964 (Debentures)
4-3/8 June 1965 (Debentures)
3-3/4 Mar. 1966 (Debentures)
4-1/8 Deo. 1966 ( Debentures)
3-5/8 Mar. 1968 ( Debentures)
4-3/8 Apr. 1969 ( Debentures)
4-5/8 Apr. 1970 ( Debentures)
4-1/8 Sept. 1970 ( Debentures)
4-1/8 Aug. 1971 ( Debentures)
4-1/2 Sept. 1971 ( Debentures)
5-1/8 Feb.
1972 ( Debentures)
4-3/8 June 1972 ( Debentures)
4-1/4 June 1973 ( Debentures)
4-1/2 Feb. 1977 (Debentures)
Total Federal National Mortgage
Association
Tennessee Valley Authority
Short-term notes
4.40J Nov. 1985 (Bonds).
4-5/8 July 1986 (Bonds).
4-1/2 Feb. 1987 (Bonds).
Footnotes on preceding page.
14
36
83
41
12
20
16
123
100
88
73
106
116
97
103
75
110
37
3
35
80
36
14
4
1
28
15
27
26
20
19
13
10
37
35
24
60
40
12
72
65
3
18
11
89
8
3
104
82
88
61
163
159
49
3
21
31
10
20
11
36
48
5
57
30
31
58
67
14
7
9
51
50
38
49
1
1
33
3
4
14
11
33
14
1,343
1,155
129
207
295
524
576
462
60
35
22
77
27
42
23
16
62
27
21
44
41
4
36
52
40
40
51
3
4
44
5
3
3
3
3
12
10
2
1
4
4
3
3
13
15
10
14
536
423
19
32
29
13
38
16
26
26
12
28
8
11
6
14
4
13
5
4
2
2
U
14
22
20
12
7
14
45
16
6
15
27
17
19
26
26
9
6
5
6
8
10
3
1
31
27
12
11
3
1
4
38
12
3
2
1
3
3
7
1
1
1
13
13
14
4
8
17
12
15
114
3
5
11
17
278
3
6
56
1
3
3
31
4
16
16
2
13
22
33
17
74
328
113
15
3
19
19
10
6
4
21
10
10
3
1
9
3
4
1
2
11
2
3
1
2
2
1
4
3
6
6
3
4
9
3
216
179
10
19
19
19
19
19
19
;
Total Tennessee Valley Authority.
23
33
27
136
178
,
12
10
14
177
1'85
Total Federal home loan banks.
Federal intermediate credit banks:
( Debentures)
42
47
47
53
63
134
36
,
FebTuary
1964
79
MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 31,
196-i
Current market quotations shown here are over-the-
The securities listed Include all regularly quoted public
eounter closing bid quotations In the New York market
for the last trading day of the month, as reported to
the Treasury by the Federal Reserv* Bank of New York.
marketable securities Issued by the United States Treasury. Outstanding Issues which are guaranteed by the United
States Government are excluded.
Table 1.- Treasury Bills
Amount outstanding (millions)
Treasury Bulletin
80
MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 31, 1964.
.
February
1964
81
.
rO
<
MARKET QUOTATIONS ON TREASURY SECURITIES, JANUARY 31, 1964
9
.
,
.
s
3
s
s
s
\
Treasury Bulletin
82
AVERAGE YIELDS OF LONG-TERM BONDS.
Table 1.- Average Yields of Treasury and Corporate Bonds by Periods
(Percent per annum)
Period
Treasury
bonds ^J
Moody' 3 Aaa
corporate
bonds
Treasury
bonds 1/
Annual series
19i2
1943
2.83
2.73
2.72
2.62
2.53
2.46
2.47
2.48
2.37
19U
1945
1946
1947
1948
1949
2
.
1
2.25
2.61
2.U
2.82
2.66
2.31
-
Moody's Aa
corporate
bonds
Moody's Aaa
corporate
bonds
Treasury
bonds 1/
Period
calendar year averages of monthly series
1950
2.62
2.86
2.96
3.20
2.90
3.06
3.36
3.89
2.32
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
3.43
4.03
4.02
3.90
1962
1963
4.00
3.95
Monthly series - averages of daily series
Period
Treasury
bonds 1/
Moody'
Moody'
Aaa
Treasury
corporate bonds 1/
bonds
Aaa
corporate
bonds
1953
January.
February
March.
April
May
June
2.80
2.83
2.89
2.97 2/4/
July
August. .
September
October..
November.
December.
3.28
3.24
3.29
3.16
.91
3.06
.95
3.11
,92
,87
3.11
,89
^13
,91
3.13
3.10
3.10
3.15
January
February
March,
April
May
June
3.02
3.02
2.98
2.83
2.86
2.79 2/
1954
2.69
2.62
2.53
2.48
2.54
2.55 2/
3.06
2.95
2.86
2.85
2.88
2.90
2.88
2.85
2.93 2/
3.07
2.97
2.93
July
August.
September
October..
November.
December.
2.47
2.48
2.52
2.54
2.57
2.59 2/
2.89
2.87
2.89
2.87
2.89
2.90
3.00
3.17
.
. .
.
Period
3.11
3.13
Treasury
bonds X/
,78
2/
,82
3.01
.81
3.04
3.05
,82
1956
3.21
3.20
3.30
3.40
3 Aaa
corporate
bonds
Moody'
3.11
3.08
3.10
3.24
3.28
3.27
3.28
3.43
3.56
3.59
3.69
3.75
3.58 2/
3.91
3.60
3.63
3.66 2/2/
3.73
3.57 2/
3.30 2/
1958
3.99
4.10
4.12
4.10
4.08
.24 2/
.28
.25
,12
.14
Moody's
Aaa
corporate
bonds
Moody'
Treasury
bonds 1/
1959
3.77
3.67
3.66
3.67
3.74
2,93
2.99
3.02
,78
Treasury
bonds ^/
1957
,68
. .
'
1955
3.02
3.07
3.12
3.23
3.34
3.40
2/
Moody
Aaa
corporate
bonds
Treasury
bonds 1/
3.81
3.91 2/
3.92
3.92
4.01
4.08
4.09
4.11
4.10
4.26
4.11 2/
4.12
4.27
.59
,63
,60
,57
4.37
4.22
4.08
4.18 2/
4.16
3.98
3.88
4.47
4.43
4.52
4.57
4.56
4.58
3.90
4.00
4.02
3.98
3.98
4.06
,89
4.61
4.56
4.49
4.45
4.46
4.45
3.57
3.36
3.60
3.75
3.76
3.70
3.30
3.67
3.85
,86
4.41
,79
4.09
,84
4.11
,91
4.28
4.25
4.30
4.09
4.08
,93
4.31
3.88
4.35
Treasury
bonds l/
Moody's Aa
corporate
bonds
4.32
4.27
4.22
4.25
4.27
4.33
3.89 2/
3.92
3.93
3.97 2/
97
,81
,78
,80
,73
4.08
4.09
4.01
3.89
3.88
3.90
4.02 2/
3.98
3.94
3.89
3.37
3.87
Period
Aaa
corporate
bonds
1963
4.21
4.19
4.19
4.21
4.22
4.23
,00
4.41
,01
4.45
4.45
4.42
4.39
4.42
,99
,04
,07
4.42
4.42
4.39
4.33
4.28
4.28
4.15
4.26
4.29
4.31
4.32
4.33
4.35
,11
,14
1962
3.20 2/
2/
Treasury
bonds 1/
1961
4.12
4.14
4.13
4.23
4.37
4.46
I960
,60
Moody'
Aaa
corporate
bonds
1964
4.37
34
35
32
,28
25
,24
Treasury
bonds 2/
3 Aaa
corporate
bonds
Moody'
February
1964
83
,
AVERAGE YIELDS OF LONO-TERM BONDS
I
to
c
-J
o
.<6
I
S
50
^
I.
(b
U)
...
,
..
.
Treasury Bulletin
84
.MONETARY STATISTICS.
Table 1.- Money In Circulation
(In millions of dollars except per capita figures)
Paper money 2/
Total
End of fiscal
year or month
money in
circulation 1/
1955
1956
1957
1958
1959
30,229
30,715
31,082
31,172
Total
paper
money
Gold
certificates
34
33
33
32
9U
28,372
28,767
29,040
29,071
29,699
32,065
32,405
33,770
35,470
1962-December.
1963- January.
February.
Silver
certificates
Treasury
notes of
1890
United
States
notes
Federal
Reserve
notes
Federal
Reserve
Bank
notes
National
bank
notes
319
318
321
317
316
25,618
26,055
26,329
26,342
27,029
163
147
133
120
110
67
64
62
31
2,170
2,148
2,162
2,200
2,155
29,726
29,943
31,117
32,592
30
30
29
20
2,127
2,094
2,009
1,847
313
318
318
319
27,094
27,353
28,622
30,292
100
92
78
56
54
53
37
35,338
32,557
20
2,001
315
30,102
81
38
31,334
31,513
31,718
20
20
20
1,859
1,848
1,842
303
310
313
29,033
29,218
29,426
80
March
34,093
34,286
34,513
79
37
37
37
April
May
June
34,645
35,067
35,470
31,818
32,216
32,592
20
20
20
1,844
1,854
1,847
314
320
319
29,523
29,906
30,292
78
73
July
August
September.
35,663
35,850
35,891
32,759
32,924
32,944
20
20
318
317
316
30,484
30,667
30,678
78
78
77
37
37
20
1,823
1,805
1,816
October.
November.
December.
36,177
37,227
37,692
33,217
34,241
34,662
20
20
20
1,822
1,846
1,877
321
30,9a
325
321
31,938
32,331 6/
76
76
76
37
37
37
,
31,
1960
19tl
1962
1963
,
.
.
.
.
.
.
y
V
y
Coin
End of fiscal
year or month
Total
coin
Standard
silver
dollars
Minor
coin
Subsidiary
silver
59
57
85
79
37
37
37
37
Money in
circulation
per capita
(in dollars) 7/
1955
1956
1957
1958
1959
1,858
1,948
2,042
2,101
2,215
223
237
253
268
285
1,202
1,259
1,315
1,346
1,415
433
453
474
487
514
182.90
182.64
181.52
179.08
130.20
1960
1963
2,338
2,462
2,652
2,878
305
329
360
411
1,484
1,548
1,663
1,790
549
585
629
676
177.47
176.45
130.98
187.40
1962-December..
2,781
385
1,739
658
187.91
1963- January..
February.
March
2,759
2,773
2,795
387
391
395
1,716
1,724
1,739
656
658
662
181.09
181.94
182.96
2,827
2,850
2,878
400
405
411
1,759
1,774
1,790
668
672
676
183.46
185.48
187.40
July
August
September.
2,904
2,926
2,947
420
428
432
1,803
1,812
1,824
682
685
690
138.17
188.90
188.86
October. .
November.
December.
2,960
2,986
3,030
436
440
452
1,829
1,846
1,872
696
700
706
190.13
195.31 r/
197.53
1961
1962
April
May
June
.
.
.
Source:
Circulation Statement of United States Money.
1/ Excludes money held by the Treasury and money held by or for the
account of the Federal Reserve Banks and agents.
2/ The following paper currencies are in process of retirement and are
redeemable from the general fund of the Treasury: Gold certificates
issued before January 30, 1934, silver certificates issued before
July 1, 1929, Treasury notes of 1890, Federal Reserve notes issued
before the series of 1923, Federal Reserve Bank notes, and national
bank notes.
The Treasury notes of 1890 have been in process of retirement since March 1900 (31 U.S.C. 411) upon receipt by the Treasury,
the Federal Reserve Bank notes since June 12, 1945 (12 U.S.C. 445 note),
and the national bank notes since December 23, 1915 (12 U.S.C. 441).
Retirement of the others was authorized by the Old Series Currency
Adjustment Act, approved June 30, 1961 (31 U.S.C. 912-916). The_
act authorizes the Secretary of the Treasury to determine from time
to time the amount of currency of the following types which have
been destroyed or lost, and to reduce the amounts thereof on the
books of the Treasury:
Gold certificates Issued before January 30,
1934; silver certificates. United States notes. Federal Reserve Bank
y
^
y
6/
7/
notes, and national bank notes all issued before July 1, 1929; Federal
Reserve notes Issued prior to the series of 1928; and Treasury notes
Accordingly, the Secretary of the Treasury has determined
of 1890.
that the following paper currencies have been destroyed or irretrievaOn October
bly lost and so will never be presented for redemption:
20, 1961, $1 million of Treasury notes of 1890; and on August 27,
1962, $9 million of gold certificates, $15 million of silver certificates, $18 million of Federal Reserve notes, $1 million of Federal
Reserve Bank notes, and $15 million of national bank notes.
Highest amount to date.
Issued prior to January 30, 1934.
Includes $15 million issued before July 1, 1929.
Includes $18 million Issued prior to the series of 1928.
Through
Based on the Bureau of the Census estimated population.
fiscal 1958 the estimated population is for the conterminous United
States (that is, exclusive of Alaska, Hawaii, and the outlying areas
Beginning with
such as Puerto Rico, Guam, and the Virgin Islands).
Hawaii.
fiscal 1959 the estimates include Alaska, and with fiscal I960,
^
«
Less than $500,000.
r
Revised.
....
February
,
1964
85
MONETARY STATISTICS
Table 2.- Monetary Stocks of Gold and Silver
(Dollar amounts in millions)
End of fiscal
year or month
Gold
(J35 per
fine ounce)
1955
1956
1957
1958
1959
1960
1961
1962
1963
21,677.6
21,799.1
22,622.9
21,356.2
19,704.6
19,322.2
17,550.2
16,435.2
15,733.3
1962-Deo ember.
1963-January.
Silver
($1.29+ per
fine ounce)
3,922.4
3,994.5
4,116.6
4,306.0
Ratio of silver to
gold and silver in
monetary stocks
(in percent)
4,394.5
4,346.5
4,317.4
4,315.2
15.3
15.5
15.4
16.8
18.3
18.5
19.9
20.8
21.5
15.978.1
4,318.2
21.3
15,928.0
15,877.9
15,877.5
4,318.2
4,318.5
4,318.4
21.3
21.4
21.4
June
15,876.9
15,797.4
15,733.3
4,317.9
4,316.4
4,315.2
21.4
21.5
21.5
July
August
September.
15,632.9
15,581.9
15,581.6
4,313.9
4,313.5
4,311.5
21.6
21.7
21.7
October.
November.
December.
15,582.9
15,582.2
15,513.0
4,298.2
4,275.2
4,265.7
21.6
21.5
21.6
.
Febrxiary,
Blarch
April
May
.
.
Circulation Statement of United States Money,
silver monetary stock see Table 4.
Source:
Table 3.- Gold
V
4,4m. 1
A
. .
.
A
86
Treasury Bulletin
MONETARY STATISTICS.
Table 4.- Components of Silver Monetary Stock
{In millions of dollars)
Silver held in Treasury
End of calendar
year or month
1955
1956
1957
1958
1959
1960
1961
1962
1963
2,2a8.9
2,212.9
2,245.0
2,251.i
2,252.1
2,237.5
2,139.1
1,981.5
.
2,126.2
.
February.
March. .
2,1U.6
April ....
May
June ....
2,101.6
2,083.5
July
August
September,
2,071.9
2,052.5
2,039.9
2,112.0
.
. .
October, .
November.
Uecember.
Source:
1/
2/
Silver
bullion 2/
2,19-i.i
1963-Jailuary
.
In Treasurer's account
Securing silver certificates 1/
2,
078.
2,022.3
1,999.2
1,981.5
Silver outside
Treasury
Subsidiary
coin 2/
Total
silver
at $1.29+
per fine
ounce
Subsidiary
coin j/
Silver
bullion ^/
Silver
dollars 1/
253.5
236.3
219.0
202.7
182.3
161.2
130.1
94.0
28.5
15.7
2.3
8.2
3.7
17.9
63.0
92.3
148.3
127.4
88.2
24.2
29.7
18.0
235.4
252.2
269.3
285.4
305.5
326.5
357.3
392.5
456.3
1,283.2
1,338.2
1,402.6
1,446.2
1,513.4
1,576.0
1,650.5
1,756.0
1,887.2
3,930.1
4,064.1
4,185.4
4,362.5
4,382.7
4,375.6
4,308.6
4,318.2
4,265.7
89.7
88.1
81.6
8.1
8.0
5.4
30.7
29.6
31.3
396.8
398.2
404.8
1,764.0
1,778.2
1,781.6
4,318.2
4,318.5
4,318.4
77.6
69.7
65.8
6.8
10.3
3.9
27.8
28.2
26.8
408.5
416.4
420.3
1,794.8
1,808.8
1,821.0
4,317.9
4,316.4
4,315.2
56.-1
3.9
6.1
3.9
28.5
31.6
32.7
429.6
437.6
4.40.2
1,824.5
1,839.7
1,852.1
4,313.9
4,313.5
4,311.5
4.9
4.9
3.7
33.1
24.3
18.0
443.0
450.0
456.3
1,855.4
1,865.2
1,887.2
4,298.2
4,275.2
4,265.7
Silver
dollar?
48.2
i5.5
42.8
35.2
28.5
Circulation Statement of United States Money; Office of the
Treasurer of the United States.
Valued at $1.29+ per fine ounce.
Includes silver held by certain agencies of the Federal r,overnment.
U.9
3.2
2.6
3.6
3.
2/
4/
Valued at $1.38+
Includes bullion
held for coinage,
for recoinage of
per fine ounce.
at cost, bullion valued at $1.29+ per fine ounce
and bullion valued at $1.38+ per fine ounce held
subsidiary silver coins.
i
February
6
s
7
.
1964
87
.MONETARY STATISTICS.
Table 5.- Seigniorage
(Cumulative from January 1, 1935 - in mill ions of dollars)
Sources of seigniorage on silver bullion revalued 1/
Newly mined silver 2/
Seigniorage
End of calendar
year or month
(silver and
minor) 2/
Misc. silver
(incl. silver
biillion held
June U, 1934.)
Silver Purchase Act
Nationalized
silver
Proclamation
of June 19,
(Proo. of
Aug. 9, 1934)
1933
193^ i/
of Deo. 21,
48.7
1945.
1946.
1947.
1948.
1949.
1950.
1951.
1952.
1953.
1954.
1955.
1956.
1957.
1958.
1959.
1960.
1961.
1962.
1963.
18.5
46.1
63.7
69.5
91.7
122.2
182.1
245.7
299.6
362.3
429.5
491.9
520.5
559.2
578.7
596.6
642.3
694.2
742.2
792.9
807.0
839.6
890.3
932.0
981.6
1,038.5
1,101.7
1,146.9
1,198.9
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
43.7
43.7
43.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
48.7
226.2
302.7
366.7
457.7
530.7
562
580
584
584
534
701
832
832.1
832.2
833.6
833.7
833.7
833.7
833.7
833.7
833.7
833.7
333.7
833.7
833.7
833.7
333.7
333.7
333.7
34.5
34-7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34-7
34.7
34-7
34.7
34.7
34-7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
34.7
16.8
36.0
53.0
74.9
87.3
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87
1963-July
August ....
September.
1,170.0
1,173.7
1,178.8
48.7
43.7
48.7
333.7
833.7
833.7
1,185.1
1,189.7
1,198.9
48.7
48.7
48.7
1,208.4
43.7
1935.
1936.
1937.
1938.
1939.
1940.
1941.
19i2.
1943.
19U.
-
on coins,
October.
November.
December.
1964-January.
43.
Acts of
July 6, 1939 and
July 31, 19/16 2/
Total
seigniorage
on silver
revalued 2/
Potential
seigniorage on
silver bullion
at cost in
Treasurer
account 4/
'
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
87.6
4.2
25.7
48.3
63.6
65.3
65.4
65.5
66.5
74.5
84.6
93.5
104.7
114.6
125.4
134.7
143.8
150.3
155.2
156.4
166.0
167.9
167.9
167.9
167.9
167.9
326.2
422.1
508.1
616.0
705.6
759.4
799.7
818.9
820.6
820.7
938.1
1,069.6
1,077.6
1,087.8
1,098.1
1,109.3
1,119.2
1,130.0
1,139.3
1,143.4
1,155.4
1,159.8
1,161.0
1,170.6
1,172.5
1,172.5
1,172.5
1,172.5
1,172.5
758.8
950.6
1,055.8
1,089.0
1,048.2
967.3
717.3
333.2
161.2
146.8
129.9
127.2
111.7
81.9
57.2
34.9
6.6
14.3
50.0
72.9
114.0
98.3
70.8
12.6
17.3
13.3
34.7
34-7
34.7
87.6
87.6
87.6
167.9
167.9
167.9
1,172.5
1,172.5
1,172.5
17.3
17.3
17.3
833.7
333.7
833.7
34.7
34.7
34.7
37.6
87.6
87.6
167.9
167.9
167.9
1,172.5
1,172.5
1,172.5
17.4
17.4
13.8
833.7
34.7
87.6
167.9
1,172.5
8.6
Source:
Bureau of Accounts.
1/ These items represent the difference between the cost value and the
monetary value of silver bullion revalued and held to secure silver
certificates.
2/ Total of seigniorage on coins and on newly mined silver, beginning
with that for July 1959, is included under coins; the breakdown is
not available after Jxine 1959.
3/
^
87
87
37
37
87
87
274.9
397.5
5a.
An act approved June 4, 1963 (77 Stat. 54) repealed the Silver
Purchase Act of 1934, the silver purchase provisions of the act of
July 6, 1939, and the act of July 31, 1946.
The figures in this column are not cumulative; as the amount of
bullion held changes, the potential seigniorage thereon changes.
.
..
f
.
i
88
Treasury Bulletin
.
ItffERNATIONAL FINANCIAL STATISTICS.
Table 1.- U. S. Gold Stock, and Holdings of Convertible Foreign
Currencies by U. S. Monetary Authorities
(In millions of dollars)
Gold stock 1/
Foreign
currency
holdings
Total gold stock
and foreign currency
holdings
Treasury
Total 2/
1953
195i
1955
1956
1957
22,091
21,793
21,753
22,058
22,857
22,030
21,713
21,690
21,949
22,781
22,091
21,793
21,753
22,058
22,857
1958
1959
1960
1961
1962
20,582
19,507
17,80i
17,063
16,156
20,534
19,456
17,767
16,889
15,978
20,582
19,507
17,804
16,947
16,057
116
99
1963
15,808
15,513
15,596
212
,102
,023
,078
,046
,009
,956
,764
,725
,788
,910
780
15,928
15,878
15,878
15,877
15,797
15,733
15,633
15,582
15,582
15,583
15,582
15,513
15,974
15,891
15,946
15,914
15,854
15,830
15,677
15,633
15,634
15,640
15,609
15,596
128
132
132
132
155
126
15,513
15,541
End of calendar
year or month
1963- January..
February.
March
April ....
May
June
July
August. .
Sentember
October.
November.
December.
196i-January p
15,
The United States also has certain drawing rights on the International Monetary Fund, in which the United States has a quota of
$4,125 million.
In accordance with Fund policies, these drawing
rights include the right to draw virtually automatically an amount
equal to the sum of the United States gold subscription to the Fund
($1,031.2 million) and the Fund's net use of dollars; on January 31,
1964, these two amounts totaled $1,033.9 million.
Under appropriate
circumstances the United States could draw an additional amount equal
to the United States quota.
Note:
1/
2/
2/
p
^
87
92
154
270
171
212
307
Includes gold sold to the United States by the International Monetary
Fund with the right of repurchase, the proceeds of which are invested
by the Fund in U. S. Government securities; as of January 31, 1964,
this amounted to $800 million.
Includes gold in Exchange Stabilization Fund, which is not included
in Treasury gold figures shown in "Circulation Statement of United
States Money." See "Monetary Statistics," Table 3.
Includes holdings of Treasury and Federal Reserve System.
Preliminary.
Table 2.- U.S. Treasury Nonmarketable Notes and Bonds
Issued to Official Institutions of Foreign Countries
Amount outstanding
End of calendar
year or month
Payable in foreign currencies
Total
Austria
Belgium
(
1962.
1963.
251
730
1963- January..
February.
March. .
381
481
481
.
April.
May...
June.
50
Germany
Payable in dollars
Italy
Switzerland
Total
Italy
(In millions of dollars)
Dollar equivalent, in millions)
30
Canada
275
200
200
175
163
125
13
100
200
200
200
200
200
81
81
81
183
183
183
125
125
125
58
58
58
51
25
551
25
605
605
25
25
30
30
200
200
200
200
200
200
126
150
150
183
183
183
125
125
125
58
58
58
July
August. .
September.
.
655
705
705
25
25
25
30
30
30
225
275
275
200
200
200
175
175
175
208
163
163
125
125
125
58
13
13
25
25
25
October.
November.
December.
705
705
730
25
25
50
30
30
30
275
275
275
200
200
200
175
175
175
163
163
163
125
125
125
13
13
13
25
25
25
730
50
30
275
200
175
16c
125
1964- January p.
For complete information on U. S. Treasury securities (nonmarketNote:
able) issued to official institutions of foreign countries, see
"Public Debt Operations," Tables 8 and 9.
Preliminary.
25
"
February
1964
89
CAPITAL MOVMENTS
Background
Data relating to capital movements between the United
States and foreign countries have been collected since 1935,
pursuant to Executive Order 6560 of January I5, 193'+, Executive Order IOO33 of February S, 19^*9
promulgated thereunder.
.
and Treasury regulations
Information on the principal types of
data and the principal countries la reported monthly, and is
published monthly In the "Treasury Bulletin."
Information Is published less frequently.
Supplementary
Reports by banks,
bankers, securities brokers and dealers, and nonflnanclal
business concerns In the United States are made Initially to
countries. The data reported to and published by the Treasury
Department exclude entirely the Intercompany capital transactions of business enterprises In the United States with
their own branches and subsidiaries abroad or with their foreign parent companies; such transactions are reported by
business firms to the Department of Commerce. Data on the
capital transactions of the United States Government and on
shipments and receipts of United States currency are also
excluded from the Treasury reports. Certain capital transactions not effected through reporting Institutions, such as
the Federal Reserve Banks, which forward consolidated figures
securities transactions carried out entirely abroad, are not
These statistics are consolidated by the
recorded in the Treasury reports. Consolidated data on all
types of capital transactions are published by the Department
tc the Treasury.
Treasury and published as promptly as possible.
The reporting forms and Instructions used in the collec-
tion of the statistics have been revised a number of times.
The most recent revision became effective with reports
covering data as of May 3I, I963.I/ A detailed description
of the content of the statistics,
including the changes
instituted, appeared In the July I963 issue of the "Treasury
Bulletin," pages 79-31.
of Commerce in its regular reports on the United States
balance of payments.
The liabilities data exclude nonnegotlable, nonlnterest-
bearlng special notes of the United States held by the InterAmericen Development Bank and the Internatloned Development
Association.
As a result of changes In presenta-
tion introduced In that Issue, not all breakdowns previously
The data on securities transactions and on foreign
published will be exactly comparable to those now presented.
holdings of U.S. Government bonds and notes exclude non-
Basic definitions
marketable U.S. Treasury notes, foreign series, and nonmarketable U.S. Treasury bonds, foreign currency series
(see "International Financial Statistics" section, Table
The term "foreigner" as used in the Treasury reports
covers all institutions and Individuals domiciled outside
the United States, including United States citizens domiciled
abroad and the foreign subsidiaries and offices of United
States banks and business concerns; the central governments,
central banks, and other official institutions of foreign
countries, wherever located; and international and regional
organizations, wherever located.
In general,
data are reported opposite the foreign
country or geographical area In which the foreigner Is domi-
Pata pertaining to branches or agencies of foreign
ciled,
2).
Presentation of statistics
Data collected monthly on the Treasury Foreign Exchange
Forms are published in the "Treasury Bulletin" in three
sections.
Section I provides a summary of the principal data
by period; Section II presents data by country and by perloc;
and Section III shows detailed breakdowns of the latest available preliminary data.
international and regional organizations are reported opposite
Section IV presents supplementary data in five tables
which appear less frequently than monthly. Table I, shortterm foreign liabilities auid claims reported by nonflnanclal
the classification "International," "European regional," or
concerns. Is published quarterly In the February, May, August,
"Latin American regional," as appropriate, except for the
Bank for International Settlements and the European Fund,
and November Issues of the Bulletin.
which are Included In the classification "Other Western
Europe
national institutions. Is published quarterly In the March,
official institutions are reported opposite the country to
which the official institutlcn belongs.
Data pertaining to
.
"Short-term" refers to obligations payable on
demand
or having an original maturity of one year or less, without
deduction of any offsets.
"Xong-term" refers to obligations
having an original maturity of more than one year,
cludes securities having no contractual maturity.
and In-
Table
2,
estimated gold
reserves and dollar holdings of foreign countries and InterJune, September, cmd December Issues.
Table
3,
foreign credit
and debit balances In brokerage accounts, appears semiannually
In the
March and September Issues.
Table
'4-,
short-term
banking liabilities to foreigners in countries and areas not
regularly reported separately, heretofore has been presented
annually in the March Issue, but beginning with the August
1963 issue is published twice a year, covering data as of
Exclusions
April 30 and December 31.
The data published herein do not cover all types of
capital movements between the United States and foreign
long-term securities by foreigners during the preceding
i/
Table
5,
purchases and sales of
calendar year, appears annually In the April Issue.
Copies of the reporting forms and instructions may be obtained from the Office. of Balance of Payments, Office of International Affairs,
Treasury Department, Washington 25, D. C, or from Federal Reserve Banks.
Treasury Bulletin
90
.CAPITAL MOVEMENTS,
Section I - Summary by Periods
Table 1.- Net Movements of Banking Fimda and Transact Ions in Long-Term Securities with Foreigners^
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Analysis of net movement
Changes in liabilities to foreigners
Calendar year
or month
1946
1947,
1948
1949
1950,
1951
1952
1953,
1954,
1955,
1956,
1957,
1958,
1959,
1960,
1961.
1962
1963-January-December p
1
962-December
1963-Januar7
Februar7
March
April
May
June
July
August
September
October
November p
December p
Net
movement
Total
-767.6
261.8
280.9
164.5
1,576.3
-387.7
1,225.2
1,278.1
521.9
945
416
-940
-903
3,338
479.8
-404.8
-752.1
550.3
405.7
-25.1
1,971.5
73.3
1,560.0
1,090.5
1,420.3
1,367.4
1,493.2
369.6
989.8
4,353.2
2,268.0
1,909.2
300.5
1,817.9
-883.13/4/ 1,749.3
-541.3
37.4
-130.3
Short-term
banking
funds
-418.4
636.2
601.5
-100.0
1,026.8
657.4
1,243.9
1,102.4
1,270.2
682.1
1,338.4
219.1
1,000.8
3,229.6
1,882.9
1,178.7
Changes In claims on foreigners
Transactions in:
Long-term
banking
fxmds
0.5
3.2
-3.6
-0.3
0.3
0.2
1.1
-0.4
0.8
0.1
-1.5
8.7
-8.3
-0.8
6.7
-5.2
U»S. Gov't
bonds
and
notes 2/
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
Other
domestic
securities
Total
Short-term
banking
funds
Long-term
banking
funds
Transactions
in foreign
securities
2/
-64.5
-150.6
-144.3
-21.2
2.3
98.7
12.7
70.5
141.1
156.2
291.3
193.9
-39.0
435.5
251.8
223.5
-15.5
-288.5
-124.8
189.6
-395.2
-461.0
-334.8
187.6
-898.4
-422.4
-1,076.8
-1,310.1
-1,893.4
-1,0U.7
-1,788.2
-2,3U.0
-315.5
-240.7
-69.8
190.8
-76.2
-70.5'
-80.3
144.2
-482.0
-162.0
-397.2
-253.7
-342.6
-82.0
-990.2
-1,U8.2
34.9
-86.8
39.8
-29.0
-173.6
-13.5
-36.6
115.6
-116.0
-230.0
-168.5
-334.3
-188.3
-183.0
-153.3
-335.4
265.1
39.0
-94.8
27.8
-M5.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749.7
-644.7
-830.4
.
.
8
.
February
"
1964
91
.CAPITAL MOVEMENTS.
Section I - Summary by Periods
Table 2.- Banking Liabilities to and Claims on Foreigners
1/
(Position at end of period in millions of dollars)
Short-term liabilities to foreigners
End of calendar
year or month
1945.
19i6.
19i7.
1943.
1949.
6,883.1
6,480.3
7,116.4
7,718.0
7,618.0
I195O.
8, 644..
ill
Foreign countries
Official
institutions
Foreign
banks
Short-term claims on foreigners
Payable
Other
foreigners
International
and
regional
in
foreign
currencies
9,302.2
10,546.1
11,648.4
12,918.6
13,600.7
14,939.1
15,153.3
16,159.1
19,388.7
21,271.6
22,450.3
4,179.0
3,043.7
1,831.9
2,836.3
2,907.7
3,615.5
3,547.6
4,654.2
5,666.9
6,770.1
6,952.8
8,045.4 4/
7,916.6 4/
8,664.9
9,154.3
10,212.3
10,893.2
2/
2/
2/
2/
2/
2,064.0
2,528.2
2,569.8
2,529.3
2,530.4
2,943.1
3,362.9 4/
3,413.0 4/
3,460.5
4,601.1
4,704.8
5,299.5
2,678.5
2,922.2
2,972.8
2,947.1
3,001.5
1,392.5
1,513.0
1,675.8
1,779.1
1,805.1
1,783.5
2,029.8
2,252.3
2,430.4
2,398.1
2,229.6
2,355.5
473.7
2,262.0
1,864.3
1,657.8
1,527.8
1,641.1
1,584.9
1,629.4
1,769.9
1,881.1
1,452.1
1,517.3
1,544.0
3,158.1
4,011.8
3,751.7
150.4 6/
22,532.6
25,016.6
25,856.2
10,893.3
11,910.3
12,335.5
5,380.4
5,251.0
5,687.2
2,356.9
2,564.4
3,046.0
3,751.7
5,147.5
4,650.6
February
March....
25,016.6
24,949.3
24,988.9
25,153.8
11,910.3
11,515.7
11,434.6
11,719.3
5,251.0
5,606.8
5,691.5
5,636.9
2,564.4
2,562.9
2,654.1
2,671.7
April
May
June
July
August
September.
October. . .
November p.
December p.
25,328.4
25,407.2
25,812.4
25,466.8
25,745.4
25,842.4
26,257.2
26,379.4
25,856.2
11,861.9
12,036.9
12,315.3
11,922.2
12,179.1
12,359.0
12,264.1
12,286.3
12,335.5
5,563.8
5,617.3
5,711.8
5,689.8
5,771.8
5,676.0
6,138.6
6,265.0
5,687.2
2,757.9
2,762.0
2,821.2
2,796.2
2,863.6
2,920.5
2,942.7
3,020.2
3,046.0
951.
h9';2.
1953.
1954.
H955.
1956.
1957.
'1953.
'1959.
I960.
,1961.
1961 i/.
1962....
Il963p...
1962-Dec ember.
963- January.
;1
I
Payable in dollars
Total
shortterm
liabilities
25.5
40.6
49.7
70.4
51.0
44.9
72.2
61.4
43.7
43.2
40.3
48.8
59.0
59.4
77.2
Total
longterm
liabil-
ities
Payable in dollars
Total
shortterm
claims
Payable
Loans to;
Official
institutions
Foreign
banks
in
Other
foreigners
7.5
2.2
392.8
708.3
948.9
1,018.7
827.9
898.0
968.4
1,048.7
904.5
1,386.5
1,548.5
1,945.7
2,199.4
2,542.0
2,624.0
3,614.2
4,762.3
87.9
85.2
243.0
160.9
176.6
241.9
400.7
350.9
290.3
328.5
177.2
122.9
156.5
206.5
328.1
405.4
385.5
439.4
497.6
524.3
699.4
150.4 6/
143.4 6/
136.9 6/
2.2
4.3
43.7
4,820.3
5,172.6
5,904.7
328.5
358.9
188.5
709.2
952.6
971.6
622.4
5,147.5
5,099.8
5,058.6
4,982.4
143.4 6/
164.2
4.3
4.3
4.3
5.6
5,172.6
4,961.1
5,089.8
5,124.4
358.9
322.4
293.0
254.6
952.6
651.1
653.1
671.7
5,028.6
4,861.5
4,837.6
4,950.2
4,819.2
4,778.7
4,766.9
4,678.3
4,650.6
116.1
129.5
11.3
28.5
236.1
126.6 6/
108.4
111.7
108.2
14A.8
129.5
136.9 6/
35.1
5,315.6
5,354.0
5,534.5
5,469.9
5,435.4
5,430.0
5,562.7
5,736.5
5,904.7
824.2
790.3
884.3
842.5
For exclusions see headnote on page 89.
Included with "Other foreigners."
Included with "Other claims
Beginning in August 1956 and also in April 1957, certain accounts previously classified as "Foreign banks" are included with "Official
institutions."
Differs from 1961 end-year data on the preceding line by inclusion of
liabilities and claims reported by a number of banks included in the
series beginning December 31, 1961.
Includes reported liabilities to foreign official institutions begin-
113.1
150.1
143.4 6/
.
7/
8/
p
.9
1.4
4.6
1.0
.7
1
.0
1.2
2.3
1.8
2.7
2.8
1.2
9.9
1.6
.8
44.5
48.0
46.8
46.8
43.9
43.7
2/
2/
%
1/
73.4
86.1
173.6
141.8
136.0
165.8
176.8
153.4
188.7
188.5
100.3
319.6
292.9
361.2
222.7
151.1
8U.9
853.4
850.4
891.1
847.6
868.8
993.3
971.6
2/
2/
2/
2/
2/
104.2
109.8
131.7
109.8
142.0
235.6
330.4
303.0
427.5
460.1
482.1
617.6
651.1
761.8
680.2
695.1
689.2
689.3
701.6
710.6
712.8
709.9
748.8
761.8
Other
claims
245.0
290.5
490.6
557.1
494.3
328.7
503.4
627.9
451.5
foreign
currencies
47.,5
98.1
165.4
100.4
110.8
Total
longterm
claims
175.6
140.7
227.5
187.7
216.7
390.4
403.9
660.0
883.8
1,121.6
1,076.7
1,098.2
1,837.8
2.531,1
240.6
91.8
78.4
101.6
211.0
163.9
149.6
147.3
197.7
217.2
479.6
585.6
670.9
839.4
1,173.8
1,362.1
1,545.1
1,698.4
2,033.8
2,573.9
2,652.9
3,359.4
586.3
557.1
623.5
2,033.8
2,151.0
2,997.8 2/8/
2,652.9
2,613.0
2,725.5
2,764.6
557.1
522.7
546.3
574.6
2,151.0
2,139.5
2,112.3
2,123.9
2,966.3
3,106.2
3,127.5
3,154.1
3,036.7
3,091.2
3,139.4
3,169.9
3,359.4
593.9
594.8
691.6
635.7
631.2
601.6
691.2
635.7
623.5
2,176.4
2,369.8 7/
2,387.7
2,422.2
2,463.0
2,508.8
2,506.6
2,562.1
2,997.8 8/
584.1
U0.5
324.9
U0.9
ning October 1961. Figures for selected dates are as follows:
end 1961, t46.3 million; end 1962, $47.9 million; March 1963, $47.9
million; June 1963, $25.5 million; December and end 1963, $30.1
million.
Includes claims previously held but first reported as of May 31, 1963;
as of that date such claims amounted to $85.6 million.
Includes claims amounting to $186.1 million reported by banks for the
first time as of December 31, 1963, representing in part claims
previously held by banks but not reported,
Preliminary.
6
.,.
,
f
92
Treasury Balletk
CAPITAL MOVEMENTS.
•
Section I - Summary by Periods
Table 3.- Purchases and Sales of Long-Term Domestic Securities by Foreigners
i/
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Corporate and other
U.S.
Government bonds and notes 2/
Net purchases
Calendar year or month
Foreign countries
Purchases
Sales
Official
19i6.
1947.
1948.
1949.
1950.
1951.
1952.
1953,
1954,
1955,
1956
1957
1958,
1959
I960
1961
1962
1963-January-December p
1962-December
1963- January. .
February , .
March
April
May
June
July
August
September.
October. .
November p.
December p.
.
.
1/
2/
Stocks
Bonds 2/
Other
414.5
344.8
282.4
430.0
,236.4
673.6
533.7
646.0
800.9
,341.1
883.4
666.1
,223.9
,216.9
,729.6
,743.7
,779.9
684.2
283.3
330.3
333.6
294.3
1,356.6
231.4
728.0
792.7
812.1
1,018.3
718.3
1,187.6
528.0
1,603.0
1,231.5
2,507.9
-269.7
61.5
-47.9
96.4
942.1
-683.0
302.3
-82.0
8.2
529.0
-135.0
-52.1
36.3
688.9
126.6
512.2
-728.0
-269.7
-13.0
-55.4
9.4
824.2
-663.7
292.7
-96.7
-60.0
561.7
-204.9
117.0
-236.7
523.9
-97.9
-20.0
-206.6
1,866.9
1,196.7
670.2
167.4
105.1
217.6
132.3
481.3
58.4
297.5
56.8
40.7
175.5
171.0
35.0
193.4
7.5
90.1
176.4
436.8
46.2
91.9
34.6
50.9
33.7
87.7
26.9
88.9
32.4
International
and
regional
Purchases
Sales
y
74.5
7.5
87.0
117.9
-19.3
Net
Purchases
Sales
-99.2
-51.3
367.6
226.1
369.7
354.1
666.9
739.8
650.2
589.1
1,115.1
1,561.2
1,619.5
1,306.4
1,397.3
2,224.4
1,976.5
3,067.3
2,260.2
432.1
376.7
514.1
375.3
664.0
619.5
649.2
533.9
980.2
1,433.7
1,363.5
1,163.8
1,453.6
1,861.5
1,774.8
2,7iA.b
2,149.1
purchases
y
y
y
y
-.6
y
y
2/
120.3
1.0
55.2
135.0
127.5
256.0
142.6
-56.3
362.9
201.7
322.7
111.1
-334.2
-89.1
-192.2
75.2
944.4
-584.3
314.9
-11.5
149.3
685.2
156.4
141.8
-2.7
1,124.4
378.4
735.7
-668.2
2,524.9
196.8
870.8
170.4
174.5
-4.1
46.0
178.0
162.8
161.5
255.5
282.0
338.2
184.2
201.1
226.4
246.6
239.1
246.3
174.6
172.2
161.3
218.6
221.7
317.5
176.6
185.0
216.0
254.8
201.1
225.5
3.4
-9.5
139.7
-51.1
44.9
50.2
276.2
34.5
5.8
159.1
87.1
-2.8
129.8
-2.4
68.3
-32.7
70.0
-169.1
273.0
164.9
224.5
532.2
-521.4
107.7
120.0
200.1
212.8
289.7
324.7
287.1
310.2
361.4
368.8
442.4
316.9
307.7
1;
108.3
141.6
188.5
197.4
283.6
296.0
251.8
258.9
344.0
296.2
392.3
416.1
359.0
366.4
303.9
255.3
251.6
3.8
2,721.7
62.3
85.2
-22.9
24.8
37.0
-12.2
127.5
-44.1
44.5
12.2
205.6
22.2
-10.2
141.7
83.3
8.0
104.5
-25.0
106.2
-37.5
4.5
21.3
-6.6
40.0
7.1
100.2
-8.0
-3.4
105.0
-3.3
36.5
20.5
15.3
17.7
27.8
16.0
23.7
23.3
12.8
14.2
18.0
29.5
27.7
9.6
14.7
5.1
126.7
30.9
5.0
42.9
81.9
14.1
43.4
-6.3
-21.3
-.7
-11.8
-6.1
4.7
-9.0
.7
-4.7
3.0
60.4
-14.0
For exclusions see headnote on page 89,
Through 1949, includea transactions in corporate bonds
2/
-21.6
11.7
15.3
6.1
28.7
35.3
51.3
17.3
72.6
50.1
2.5
18..1
15..1
16..7
17..4
24..5
.2
1.0
10.3
-8.5
8.4
1.2
-6.6
-2.7
-12.6
1.7
15.3
22.1
19.4
16.9
30.7
27.7
Net
purchases
Net
purchases
of
domestic
securities
-64.5
-150.6
-1U.3
-21.2
2.9
.2
36.9
60.2
20.7
7.6
16.1
10.4
-8.2
38.0
20.8
Through 1949, included vith transactions in U. S. Government
bonds and notes.
Preliminary.
p
Table 4.- Purchases and Sales of Long-Term Foreign Securities by Foreigners
(In millions of dollars; negative figures indicate a net outflow of capital from the United States)
Foreign bonds
Calendar year or month
1946.
1947.
1948.
1949.
1950.
1951.
1952.
1953.
1954.
1955.
1956.
1957.
1958.
1959.
I960.
1961.
1962.
1963-January-December p.
1962-December.
1963- January
February. .
March
April
May
June
July
August
September.
October, .
November p.
December p.
.
Preliminary.
Foreign stocks
1,262.4
2,037.3
Net
purchases
265.5
24.5
-79.8
9.8
-121.0
-300.6
-182.1
-79.0
-48.8
183.9
-385.0
-693.1
-1,026.1
-512.0
-562.1
-460.4
-944.0
81.7
88.8
173.8
272.3
293.9
310.1
393.3
663.6
749.2
592.8
467.2
566.1
509.1
595.7
702.0
65.6
42.6
96.7
70.8
198.2
348.7
329.6
303.4
644.9
877.9
875.2
621.9
803.7
803.8
591.7
965.6
805.9
978.3
2,083.7
-1,105.4
695.4
643.5
59.6
216.6
-157.0
61.3
60.9
56.0
61.5
84.3
121.0
144.0
52.0
74.7
44.2
222.2
50.1
27.8
313.7
214.2
186.4
180.6
408.7
155.7
116.3
110.1
231.6
43.2
60.9
62.4
-257.7
-152.7
-102.1
-59.6
-264.7
-103.7
58.7
50.6
59.1
59.3
60.2
66.4
67.1
72.9
73.6
Purchases
Sales
755.9
658.7
211.6
321.2
589.2
500.4
495.3
542.5
792.4
693.3
606.5
699.0
889.0
945.6
882.9
801.9
1,093.3
490.
634.
291.
311.
710.
801.
677.
40.4
621.5
841.3
509.4
991.5
1,392.0
1,915.1
1,457.6
1,U5.0
-a.
-65.8
-9.4
6.9
-33.1
-22.1
Sales
65.2
57.1
59.1
55.1
42.1
43.9
59.9
69.8
62.7
86.9
60.4
78.8
43.0
23.2
31.0
27.0
28.3
Net purchase
of foreign
securities
purchases
Total
sales
-237.
-82.
-370.0
-103.9
821.2
715.9
293.3
410.1
763.0
772.7
789.1
852.7
1,185.8
1,356.9
1,355.7
1,291.8
1,356.2
1,511.7
1,392.0
1,397.6
1,795.3
676.8
388.2
382.3
908.4
1,149.7
1,007.0
924.9
1,486.1
1,387.3
1,866.8
2,014.0
2,718.8
2,261.5
2,036.7
2,228.0
2,843.2
-145.4
-377.0
-217.9
-72.2
-300.4
-30.4
-511.1
-722.1
-1,362.5
-749."
-644.7
-830.4
-1,047.9
52.0
1,673.7
2,727.2
-1,053.4
120.9
277.4
-156.5
114.7
112.1
144.6
187.4
211.1
111.1
129.8
86.3
266.1
110.0
97.6
103.1
372.8
273.6
259.3
254.2
495.5
216.2
195.0
153.1
254.8
74.2
87.9
90.7
-258.1
-161.5
-114.7
-66.8
-284.4
-105.1
-65. i
-66.8
11.3
35.8
9.7
Total
Net
purchases
-.4
14.6
-15.0
18.0
-24.4
-76.4
-35.8
6.8
-251.
-214.
-126.
-29.
-336.,
-.4
-8.8
-12.6
-7.2
-19.7
-1.4
-23.7
-1.0
20.7
28.9
42.8
34.4
556.1
265.1
'39.0
-94.8
27.8
12.-;
.
February
1964
93
.CAPITAL MDVMENTS,
Section II - Summary by Countries
Table 1.- Siort-Term Banking Llabllltlee to Foreigners!/
(Position at end of period in millions of dollara)
Calendar year
Country
I960
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2/.
U.S.S.R
Other Eastern Europe' g/.
Total Europe
243.1
142.0
54.2
46.0
519.0
,475.7
63.1
877.1
328.5
81.9
83.6
148.5
226.6
678.2
18.4
,667.3
10.0
356.5
12.1
14.0
9,045.7
Canada
2,438.8
Latin America
Argentina.
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
;
American Republics ^.
Bermuda
Antilles and Surinam.
America 4/
^
^
Total Latin America
315.0
194.1
135.1
158.3
77.0
397.3
123.0
72.2
51.3
398.2
233.6
68.8
72.0
11.8
2,307.8
I^sia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
178.2
74.7
1,887.5
152.2
202.8
83.7
185.8
204.3
Total Asia
3,115.3
34.8
57.3
53.9
Htfrica;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa 7/
^
Total Africa 2/
pther countries :
Australia
All other 2/
Total other countries 2/
International and regional ;
International.
European regional 2/
Latin American regional
1
Total international and regional 2/.
rand total
31.9
64.3
29.3
21.9
79.6
227
.
.
..
Treasury Bulletin
94
,
.CAPITAL MDVMENTS,
Table 2.
Section II - Summary by Countries
- Short-Term Banking Claims on Foreigners
(Position at end of period in millions of dollars)
Calendar year
Country
1961
I960
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 2J ..^.
U.S.S.R
Other Eastern Europe 2/ 2/.
9.2
32.0
81.8
6.2
34.1
33.3
17.0
3.9
7.6
27.9
59.5
48.8
245.3
11.1
10.9
7.6
716.7
Total Europe
421.1
Canada
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
2.3
65.1
13.2
;
120.8
225.4
72.7
80.4
25.5
343.4
22.6
44.3
American Republics jj
Bermuda
Antilles and Surinam.
America ij
^
57.0
234.5
55.1
il
3.5
65.5
1,355.6
Total Latin America.
Asia;
1.7
9.3
9.2
China Mainland,
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
.
.2
23.9
805.9
2.1
18.6
7.3
24.0
150.0
.
1,052.2
Total Asia.
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Other co\intries:
Australia
All other 2/
^
International and regional
Grand total
3.2
7/
^1
Total Africa.
Total other countries
2.5
1'
U.O
.
1/
.
.
1964
February
95
.CAPITAL MOVEMENTS,
Section II - Summary by Countries
Table 3.- Long-Term Banking Claims on Foreigners
{Position at end of period in millions of dollars)
Calendar years
1963 1/
Country
I960
1961
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
D. S. S. R
Other Eastern Europe.,
Total Europe
.9
182.0
30.3
12.1
.4
American Republics 3/
Bermuda
Antilles and Surinam,
America 3/ 4/
Total Latin America
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Total Asia
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa
Other countries;
Australia
All other
y
J:
Total other countries 6/
^
International and regional
iii/
b/
139.8
9.2
4/
3.4
65.4
913.9
19.4
44.4
10.2
19.1
.9
15.6
.4
8.2
15.7
134.1
Africa;
Congo (Leopoldville)
Grand total
.1
15.3
1.8
7.9
118.4
233.7
42.5
25.7
Asia:
China Mainland
Hong Kong
India
'1
2.7
U.5
38.8
2.2
75.5
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
'
13.6
liA.6
366.6
Canada
1
2.9
35.1
7.1
5.2
20.5
23.2
K.O
37.1
39.7
if
61.0
4.8
y
y
1962
1963p 1/2/
July
August
September
October
December p 2/
.
,
,
Treasury Bulletin\
96
CAPITAL MOVEMENTS
Section II - Sunnary by Ckiuntrles
Table 4.- Net Transactions In U. S. Government Bonds and Notes by Foreigners
1/
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1963
Country
I960
rope
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom,'
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe.
-189
-3i9
,359
-1
i,32i
264
-28
-889
,577
,773
-86
-62
,577
,665
Canada
77
-220
11,807
-10,917
-3,193
-8,231
-14,355
-391
-1,379
188
-40
249
-1,473
-38,758
-16
-154
-126
-112
American Republics...
Bermuda
Antilles and Surinam.
America
Total Latin America
-501
-12
-7
-5
-11
-47
-10
-16
553
504
37
-6
47
-2,657
-93
-6
-2
47
15
34
1
-1
806
-202
-186
-800
310
10,000
-165
15,121
32,600
-73
50,000
-263
-8,446
-8,756
31,787
502
98
150
37,927
32,508
-42
-70
-90
-35,360
2,005
-131,512
70,393
-9,994
-36,551
13,112
-69,449
296,901
-2,590
2,713
55,411
5
-80
-135
-25
154
-332
-19
-4
12
-950
48
-236
-52
-141
64
-7
-15
-85
-2
-10
-120
85
26
-6
552
-30
33
8
-30
50
-29
-5
26
-46
-155
-17
-356
-239
580
-3,000
lU
811
357
1,398
1,467
-45,783
683
2,144
-9
-35,003
-39
9
-476
-988
3,000
-5
14,583
15
-2
-41
-31
266
-65
-335
-41
-329
-244
-227
735
-78
1
3
57
-1
561
-1
-26
23
26
-1,561
-191
-5
-3,516
-963
-201
-818
-21
-76
-654
-4, 501
1,694
3,019
-1,482
34,045
-36,270
-5,837
652
6,024
-4,483
3
-1
-1,127
-151
-1,408
10
-3
Morocco
South Africa
United Arab Republic (Egypt),
Other Africa
3,255
500
-1,971
1,023
998
Total Africa,
3,267
503
-1,972
880
998
-55
:
Total other countries.
International and regional
International
European regional
Latin American regional,,.
-49
-17,445
-19
-17,494
-17
2
;
Total international and regional.
Grand total
224,468
339,923
-441,527
330,574
192,236
-79,843
-28,783
11
-162
Africa:
Congo (Leopoldville)
Other countries
Australia
All other
10
245
239
-lU
-76
301
-18
46
-34
2,626
347
-365
1,522
96
91
21
1,658
-324
-1,258
122
105
-32
265
-1,816
-3
2,646
-i9
-43,515
-1,071
-650
-780
662
-245
-841
201
-1,565
33,965
-13
-11 ,320
-5
November p
-223
7
-65,319
6
Total Asia
26
-158
15,175
-14
1,157
39,700
-1,000
-531
.
-62
87
79
October
-1
1,985
-2,681
-2,050
175
,105
-29
,
6
6,392
-391
1,999
-620
-275
-59
-112
-1,070
-22,391
September
August
July
1963p
39,405
247
-19
-9,220
a5
Asia:
China Mainland,
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines,
Taiwan
Thailand
Other Asia
1962
10
Total Europe.
Latin America:
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
1961
105,000
-1,319
3,000
-1,940
-3,390
224,468
532,159
-521,370
301,791
-3,390
105,000
-3,259
3,000
126,592
512,191
-727,989
670,244
-10,189
141,737
83,251
8,043
December p
February
1964
97
.
.
.
Treasury Bulletin
98
.CAPITAL MOVEMENTS.
Section II - Summary by CJountrles
Table 6,- Net Transactions In Domestic Stocks by Foreigners
(
In thousands of dollars;
negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
1963
Country
1960
1961
1962
195
2,2i5
790
-116
37,881
19,716
-259
29,219
-4,260
-399
10,820
376
121
580
3,141
-1,810
-427
22,587
22,711
-709
1963p
July
August
September
October
335
731
-28
242
384
-24
234
-2,230
November p
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherl ands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
U.S.S.R
Other Eastern Europe 1/.
.
,
108
-40,920
-13
2,939
235
-10,940
12
5,718
1,968
-10,960
-641
-891
-9,623
-8,370
-327
5,006
2,754
-1,412
15,595
213
-667
27
-290
-848
-545
-51
-261
2,050
-629
824
-1
-118
-587
-1,111
-7
450
16
-157
104
-87
122
103
8,509
-2,055
-1,334
82
-34
884
890
6
-79
-721
-1,620
231
632
-45
200
14, 577
2,371
-688
26
1,488
2,473
129
286
42
-649
5,756
655
20,933
121
-737
613
1
1,126
-1,222
282
904
-540
108
-10,338
589
61
-104
-841
12
17,938
595
-149
-47
6,933
-9
3,610
3,473
-267
-24,841
459
196,467
362
-1,304
-1,350
429
-14
-14
660
392
173,497
252,121
113,152
165,224
15,931
9,845
9,296
74
34,253
-6,281
-21,878
32,866
5,129
-4,636
4,520
3,330
-7,965
-2,715
-641
,793
.735
62
,673
,211
540
-522
5,238
1,063
742
355
5,430
120
-1,238
2,566
2,531
3,007
2,249
1,097
-136
-777
-1,300
897
347
-1,055
1,160
816
-56
194
486
360
202
71
306
261
285
714
-2
-127
-12
73
-225
-48
-107
-496
217
-3,862
117,236
-262
-40,589
21
431
3
3_
Total Europe.
Canada,
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
115,04.8
14,272
28,971
-668
6,538
1,559
-1,200
161,565
-202
-3,&97
-268
-425
4,852
31,618
12
-2,972
8,504
-898
429
Total Latin America.
8
-445
-345
-50
-480
-352
2,369
-1,680
-193
288
-81
187
-386
-171
-73
354
-1,690
428
-1,907
-505
-1,792
487
285
-83
426
-532
389
105
-122
283
-578
2,940
300
-1,015
-3,714
-578
4,920
1/
9,374
2,224
18,064
U,409
-21,293
8,709
-992
172
8,317
87
-40
105
-92
37,684
56
-118
3,227
114
-89
472
615
-45
396
-8
-62
-3,337
-2
-73
-118
-1
4
103
267
2,660
552
1
1/
,962
-124
,561
,086
9,824
378
-1,163
8,806
2a
-23
-335
-706
111
-3
-482
-148
272
-716
-284
-184
-6,029
3,881
-1,290
-21,587
3,017
-789
1/
1,594
-1,715
918
,944
American Republics 2/,
Bermuda
Antilles and Surinam.
America 2/ 2/
361
18
y
220
52
54
-349
10
233
526
Asia;
China Mainland.
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines.
Taiwan
Thailand
Other Asia
181
-1,285
100
4,202
28
113
-81
-69
34
689
-127
154
4,921
Total Asia
12,352
504
9
. .
Africa;
Congo (Leopoldvllle)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
-23,249
65
77
738
515
103
-5
-71
8
847
66
16
47
-25
-54
-2
1
611
33
8
1,092
-24
39
441
14
-4
-18
16
48
5
-30
2
7
-42
U7
69
3,345
6,280
-7
-307
43,254
-18,279
10,913
-3,792
1,186
58
12
-52
34
709
-191
->4
27
213
-61
64
768
-2
-45
11
-3
142
3
-13
120
3
4
-14
132
11
10
20
-164
-1
-628
557
709
686
827
7
7
-12
14
617
264
17
21
-6
-322
7_
11
19
26
294
76
62
-44
32
183
-356
371
5
Total Africa
y
1/
y
y
103
Other countries;
Australia
All other
304
797
1,826
636
-533
225
-107
384
20
278
13
-11
-5
-259
-78
-19
1,680
2,726
203
984
662
33
-16
-328
-97
2,424
2,082
4,481
5,959
-115
326
684
621
2,424
201,736
2,082
322,714
4,481
111,130
5.84A
196,803
326
7,602
684
16,143
10,409
276
-8,191
426
37,985
V
Total other countries
^.
International and regional
International
European regional
Latin American regional..
:
Total international and
regional
Grand total
1/
2/
2/
Through April 1963, includes Czechoslovakia, Poland and Rumania only.
Through April 1963, "Other Latin American Republics" include only
Bolivia, Dominican Republic, Guatemala and El Salvador; data for other
Latin American republics included with "Other Latin America."
Through 1963, Bahamas and Bermuda are included with "Other Latin America."
4/
^
p
621
Through 1963, "All other" countries include Morocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
..
1964
February
99
.CAPITAL MOVEMENTS.
Section II - Summary by Countries
Table 7.- Net Transact lone in Long-Term Foreign Bonds by Foreigners
(In thousands of dollars; negative figures indicate net sales by foreigners or a net outflow of capital from the United States)
Calendar year
Country
1961
I960
1963
1962
July
1963p
August
September
October
November p
December p
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe 1/
n. s. s. R
other Eastern Europe 1/ 2/.
.
.
.
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin American Republics 3,/.
Bahamas and Bermuda
Netherlands Antilles and Surinam..
Other Latin America 2/ !j
Total Latin America
210
15,307
i92
3,305
U, 531
-8,335
-13,838
-14,349
539
-2,051
-10,111
-36,191
606
-37,252
-19,018
-459
9,504
30,920
-23,437
24
2,572
-338
29,212
28
27,579
-5,014
4,308
-56,627
-10 899
-5,395
1,594
-547
56, 877
2,830
5,150
-2
-14,459
2,427
-1
-15,601
-11
-5
-11
-42,113
-14,774
-44,018
-209,738
-2U,218
5,639
263
-7,666
293
1,432
-6,618
Ul
5
-i3,531
500
-35,525
6,884
965
4,068
-5,244
-53,049
-30,141
-191
1,192
745
150
138
18
-1,546
343
-1,020
-306
-498
15
191
238
2,405
-1,805
-375
-332
1,099
311
-594
78
-16
-6
-585
1,743
-3,510
-27,390
-4,016
-2,587
73
-800
52
,
-2,156
5,223
-131
13,122
-2,589
-1,943
-123
4,007
-1,147
-3,155
-114
6,029
-500
4,697
-2A,056
-981
39,A85
18
158
-15
-74
1,172
20
329
-760
271
3
11
54
209
12
-1,671
-64
971
-3,569
-1,003
-13,273
-111
3,229
-184
4,111
-195
-2,063
3,914
-16
1,158
-10,464
307
-173
-2,023
-586
-67
-48,272
5,798
-3,088
-25,313
-2,777
-27,775
-3,793
-434,047
-744,318
-9,006
-39,900
-24,971
14,820
-3,704
-16,610
-6,904
8,934
2,111
901
107
4,086
1,518
408
9,124
3,298
209
77
621
25
-189
8,091
40
-36
148
-276
733
72
124
-72
203
246
46
518
229
2,349
266
-16
93
362
-19,622
1,470
-70
-1,933
-2,802
-174
5
-28,958
-8,325
-36,319
-503
1,879
-881
9,053
-1,291
249
1,602
34
-13
567
137
-603
496
-70
15
-623
72
152
-2,162
124
86
286
45
-12,867
-8,465
10,948
-1,006
-28,399
2,125
-46,623
-63
3,543
-3,037
55,513
9,730
-1,773
-979
226
591
-1
28
-10
22
-3
-27,684
484
-2,704
541
9
-23
1,574
-5,694
3,142
1,679
-1,117
456
500
2
51
573
2,834
-12,638
-11,349
-6,326
-12,168
-174
-9,974
28
10
-31
69
436
-804
-2
6
46
226
102
64
155
-364
-58
-83,224
-31,018
-34,671
-31,124
-36,352
1,212
14,536
477
2,763
1,920
-2
1,660
-2
-50
-2,042
12
1,046
-63
4
-49,149
-94,191
-700
315
1,000
-1,518
-4,228
-1,068
930
-52
-61,477
-130,363
-50
-98
96
-346
1,000
161
-17
10
-132
-52
-1,016
2,847
-5,909
-5,118
2,509
13,060
-16
8
1,000
2,500
12,763
135
10
33
-177,251
-12,639
-26,176
13,748
-11,004
-6,804
-11,742
79
251
450
-17
5,653
24
-28
251
474
5,608
-3
304
356
5
-2,854
704
-447
V
U
-1,942
V
y
80
-580
50
-134
132
54
36
2,224
140
-1,240
-209
5
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
-48,161
1,507
613
2,812
-55,350
-50,549
4
18
-453
-140
-3,830
Total Asia
-39,874
-112,330
-147,484
6
301
Africa;
Congo (Leopoldvllle)
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa
Other countries
Australia
All other
24
1,675
-16
y
5,557
-11
y
-24,147
-1,792
1,052
1
-1
-4,454
-7,817
-2,513
-23,512
-2a
-254
36
y
y
13,279
9,435
>0
842
19
388
42
-185
-6,835
71
-272
16
-11,243
151
-550
-1
6/
y
y
y
y
y
y
914
-43,029
-1,814
-15,280
-19,320
-34,383
-27,320
-22,243
1,963
741
5,019
13
U3
2,142
46
1,161
7_
-39,313
-58,741
-48,124
-7,789
1,931
884
2,188
1,168
-147,831
1/
648
y
-166,347
5,000
-74,285
-105,270
8,597
2,762
4,988
1,012
4
1,481
807
3,173
3,903
3,982
:
y
Total other countries 6/..,
International and regional ;
International
European regional 1/
Latin American regional Ij
7
660
1,928
1,830
26
77
Total international and
regional
-147,831
648
-235,632
-96.673
7,750
1.016
1.489
3,935
1,954
1,907
Grand total
-562,093
-460,433
-943,976
1,105,427
-41,554
65,830
-9.341
6.920
-33,083
-22,050
1/
2/
y
"Other Western Europe" may include transactions with regional organizations through June 1962, and with some Eastern European countries
through April 1963.
Through April 1963, includes Czechoslovakia, Poland, and Rumania only.
Through April 1963, "Other Latin American Republics" include only
Bolivia, Dominican Republic, Guatemala and El Salvador; data for
other Latin American Republics Included with "Other Latin America."
Ij
V
y
p
"Other Latin America" includes Bahamas and Bermuda through 1963,
and may include Latin American regional organizations through I960,
Through 1963, "All other" countries include Morocco and "Other
Africa."
Through 1963, "Total other countries" include "Total Africa."
Preliminary.
100
{February
1964
Treasury Bulletin
102
CAPITAL MOVEMENTS
Section III - Preliminary Details by Countries
1.Banking Liabilities To Foreigners as of December 31,
Short-Term
Table
1963 JJ
(Position in thousands of dollars)
Short-term liabilities payable in dollars
Total
shortterm
liabilities
Country
To foreign banks and official institutions
U.
Total
Deposits 2/
Short-term
liabilities
payable
To all other foreigners
D.
S.
Treasury
bills and
certificates
Total
Deposits
^
S.
Treasury
bills and
certificates
in
foreign
currencies
Europe:
365,484
403,165
160,698
99,348
1,463,301
3,040,681
186,867
805,334
359,141
132,876
191,379
204,967
409,137
905,568
20,561
1,489,236
15,914
395,215
1,799
23,692
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
362,803
369,940
152,594
95,064
1,411,999
3,002,107
170,908
771,935
335,779
105,410
134,833
165,854
398,954
752,057
18,113
935,389
15,233
385,928
1,531
22,081
262,951
275,305
72,563
67,906
217,039
286,295
79,614
290,271
102,744
72,934
132,147
124,373
131,138
330,420
17,942
764,354
12,650
52,450
1,487
21,218
100
6,742
39,241
1,731
6,958
138,893
237,612
58,294
53,804
12,683
26,276
2,686
1,481
30,597
264,146
171
50,324
1,335
113,328
44
763
2,669
33,092
8,055
4,267
47,903
35,454
15,959
30,400
21,897
27,263
56,510
39,080
10,066
117,402
2,448
496,987
678
8,004
268
1,608
93,110
55,394
78,300
20,200
1,056,067
2,478,200
33,000
427,860
220,352
6,200
40,000
237,219
157,491
120,711
1,248
220,150
2,513
28,649
7,252
4,265
41,147
29,617
15,944
29,444
15,918
26,617
56,042
36,771
9,396
80,143
2,420
132,362
678
7,547
245
1,540
40
663
263
116
3,780
540
2,807
1,351
49,048
3,949
4,486
15
709
4,818
66
372
2,180
231
22,689
28
315,577
211
246
27
23
41
2
247
1,161
580
96
129
439
U,570
10,674,363
9,608,512
3,315,801
5,245,602
1,047,109
960,010
528,510
71,632
359,868
2,986,462
2,719,500
1,685,435
1,016,893
17,172
260,134
194,893
34,204
31,037
375,481
177,649
143,390
169,347
10,881
668,761
128,653
158,209
113,492
590,726
349,922
135,934
219,420
94,032
44,954
63,931
799
433,197
7,469
72,355
32,883
265,033
196,003
70,967
158,516
66,492
43,849
63,324
799
209,829
6,995
71,670
30,575
264,817
147,205
66,213
57,868
75
3,036
27,465
1,105
307
78,668
474
685
2,308
216
33,598
4,267
153,283
82,644
97,633
103,234
9,887
226,920
99,344
84,498
76,955
323,622
37
300
155,828
83,369
98,431
105,411
10,082
234,045
121,179
85,847
80,579
325,668
151,157
63,258
2,508
630
696
2,172
100
5,762
18,554
1,190
2,989
1,945
2,692
12,854
85,014
31,931
37,497
9,224
21,560
7,189
12,585
3,352
2,035
47,516
17,982
28,286
17,367
2,276
America
500
16,954
115
Total Latin America
3,139,390
1,547,764
1,159,033
231,215
157,516
1,580,352
1,498,851
12,340
69,161
29,617
32,435
38,864
45,832
106,201
2,432,114
109,765
178,627
137,575
377,839
291,182
29,614
28,075
26,023
20,631
68,228
1,462,650
109,601
167,875
106,985
175,098
202,797
3
5,329
4,360
9,841
5,324
32,436
10,682
1,960
5,513
19,915
2,777
397
17
150
75
762
197,312
38,265
23,523
228,754
164
10,372
30,580
5,429
50,120
33,116
10,789
1,961
5,703
20,752
2,777
28,948
9,235
4,244
60,679
283
90
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
34,946
65,964
50,788
47,793
111,904
2,454,152
112,568
208,612
149,244
382,083
352,873
Total Asia
3,970,927
3,780,051
2,397,577
1,019,327
363,147
25,652
48,846
40,937
13,841
111,721
23,757
44,722
31,907
13,190
69,802
19,252
44,340
31,723
10,995
45,403
4,500
5
1,220
17,365
240,997
183,378
151,713
180,184
13,351
173,716
9,863
193,535
Total Europe
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahajnas and
Netherlands
Surinam
Other Latin
American Republics....
Bermuda
Antilles and
144,700
15,200
487
U8,310
46,868
95
102
5
95
1,363
3,281
159
635
101
155
3,536
Asia;
China Mainland
Hong Kong
India
Indonesia
I
srael
Africa
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
3,000
25,200
14,450
740,710
1
5
1
40
8,727
4,231
59,671
122
352
503
13
886
183,533
179,832
725
2,976
1,895
4,124
100
975
7,034
8,351
641
38,603
1,895
3,063
8,251
627
34,325
83
4,195
23,085
8,580
53,614
48,161
183
5,270
78,898
6,876
80,069
14,749
2,987
4,963
3,432
4,678
3,375
93
192
183,579
85,774
80,069
17,736
8,395
8,053
93
249
4,495, U2
17,899
137,229
4,494,909
17,899
137,184
461,357
14,401
30,516
3,990,273
43,279
3,498
106,668
533
433
45
45
4,650,570
4,649,992
506,274
3,990,273
153,445
578
478
25,856,244"
22,672,776
9,301,607
11,606,464
1,764,705
3,046,616
2,458,778
119,177
468,661
380
10
28, 596
5
;
Total Africa
Other Countries
Australia
All other
1,061
14
;
Total other countries
International and regional
International
European regional
Latin American regional
57
;
Total international and regional..
Grand total
382
184
100
_L
1/
2/
For exclusions see headnote on page 89.
Grand total includes $5,628,646 thousand of demand deposits and $3,672,961
thousand of time deposits, but excludes negotiable time certificates of
deposit, which are included in "Other."
2/
Grand total Includes $1,492,698 thousand of demand deposits and
$966,080 thousand of time deposits, but excludes negotiable tijne
certificates of deposit, which are included in "Other."
February
1964
103
.CAPITAL MOVMENTS.
Section III - Preliminary Detallc by Countries
Table 2.- Short-Term Banking Claims on Foreigners as of December 31, 1963
J^/
(Position in thousands of dollars)
Short-term claims payable in foreign currencies
Short-term claims payable in dollars
Total
shortterm
claims
Country
Loans to:
Total
Collections
outstanding
for own
account and
domestic
customers
Foreign
banks and
official
institutions
Acceptances
made for
account
of
foreign-
Deposits of
reporting
banks and
domestic
customers
with
foreigners
Total
ers
Foreign
government
obligations
and commercial and
finance
paper
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe.
D.S.S.R
Other Eastern Europe.
193,102 126,771
163,115
172,528
58,704
217,428
199,281
615
370,150
13,514 136,627
9,140
26,486
184,383
237,052
77,498
151,422
187,958
U5,787
126,412
177,172
207,232
16,470
450,951
35,625
99,423
61,976
110,554
134,418
41,685
21,953
35,295
34,650
62,307
43,080
30,196
31,864
24,201
15,673
32,715
7,145
32,765
5,674
46,068
56,655
765
45,542
1,770
84,664
75,950
1,420
3,926
1,658
42,171
36,135
10,302
42,152
36,021
10,025
291
27
176,141
9,690
6,903
18,844
23,047
22,281
5,182
29,213
57,731
22,068
43,116
797
125,698
11,573
21,737
4,403
15,076
16,523
23,173
994
162, 547
99,834
6,939
35,623
31,816
26,234
38,879
9,661
210
19
3,260
603
2,774
5,129
147
3,105
10,046
419,670 376,404
344,952
30,458
30,117
69,966
47,968
229,470
6,580
22,892
19
Total Europe
4
719,220
607,202
U,237
Canada
Latin America;
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Surinam
Other Latin
936,648
52,199
69,512
121,201
9,131
96,811
33,368
iO,336
.-
='
15,657
7,606
22,693
12,279
52,014
61,727
103,293
8,318
92,445
27,222
39,503
14,050
29,727
26,656
54,104
47,931
74,952
6,579
22,518
12
15,591
7,908
25,506
13,312
American Republics
Bermuda
Antilles and
187,474
207,523
16,497
465,131
35,630
99,484
61,983
113,747
134,521
41,778
1,847
457
1,395
17,678
22,294
825
11,249
1,348
4,946
596
8,316
7,875
21,766
953
10,858
168
14,065
1,986
114
3,685
11,634
4,112
1,722
18,615
29,925
7,136
23,346
17,970
3,067
2,614
6,546
4,981
11,432
2,026
15,160
393
3,638
12
101
America
15,808
8,838
15,704
Total Latin America
1,738,920
1,632,247
1,675
11,067
17,229
22,278
2,136,886
24,952
113,159
8,009
52,332
70,863
1,670
10,917
16,978
311
22,273
2,084,526
24,929
113,083
7,973
52,331
70,628
5,713
150
5,186
393,289
10 , 109
43,549
2,474
10,240
19,367
2,458,761
2,405,619
719
1,345
15,444
27,978
58,680
8,839
21
2,845
6,376
1,837
943
5,001
28,621
351
39,336
6,229
8,206
4,541
6,741
1,636
12,315
44,933
17,717
2,336
652
1,055
307
4,623
47,449
13,372
22,028
2,529
1,250
505
6,561
425
6
302
2,813
1,033
185
7,785
17,908
813
59
4,366
6,146
2,466
284
1,573
1,033
2,445
833
187
731
3,461
15,862
301
2,776
725
131
6,915
14,115
47
4,129
5,578
832
140
538
3,461
10,551
3,736
1,616
20,818
6,015
6,551
11,131
5,646
14,778
19
37
8
7,807
3,288
4,163
23,410
394
154,518
148, 594
12,417
1
1
321
973
374
7
66
7
61
16,563
14,180
273
2,390
1,239
129
75
2,899
5
61
7
3,193
103
646
2,091
104
67
457,564
33,657
106,673
94,810
5
5
1,743
2,533
34
61
150
251
139
251
1
93
612
1,398
29
7
2,885
68
67
1
1,398
Asia;
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
311
,
Total Asia.
Africa;
Congo (Leopoldville)
I
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
Total Africa
Other countries;
Australia
All other
i,
t
j:
Total other countries
'
International and regional
International
European regional
Latin American regional...
1,668
3,257
2
1,217
1,606
4,666
7,065
4,985
60,202
4,814
186,027
9,628
10,343
161
331
5
2
44,632
51,909
23
76
609
2,009
52,360
23
76
36
1
235
53,142
52,630
387
5,015
5,274
34,298
6,957
1,400,376
5,192
34,679
4,207
35,321
9,939
495,002
91,006
262,863
1,500,947
55,801
719
1,345
14,369
27,976
58,502
79
170
222
8,511
25,110
92
548
13
790
17,123
6,023
161
1,883
163
1,075
927
2
2
15,865
1,161
11,771
449
11,331
104,166
102,911
34,092
17,400
25,260
23,946
2,213
1,255
997
43,424
9,295
40,860
1,658
1,714
13,041
14,200
6,070
11,658
509
303
366
7,564
426
2,657
415
57,719
49,729
3,372
13,550
20,270
669
7,990
3,072
1,285
1,285
1,285
335,427
623,540
428,238
16,387
707
585
1,425
5
8,125
36
1
224
36
1
210
178
;
i-i
]j
J
Total international and
regional
iGrand total
1,285
1,285
1,285
5,904,701
5,281,161
1,16C:,0"7
830 , 600
(-;
jil/
Excludes convertible foreign currencies held by U. 3. monetary authorities.
2,193,339
153,471
Treasury Bulletin
104
.CAPITAL MOVMENTS.
Section III - Preliminary Details by Countries
Liabilities to and Claims on Foreigners as of December 31, 1963
Banking
3.Long-Term
Table
(Position in tnousands of dollars)
Long-terra claims payable in dollars
Country-
Total
long-term
liabilities
Total
long-term
claims
Long-term
claims
payable in
foreign
currencies
Total
Europe:
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe
U.S.S.R
Other Eastern Europe
3,000
16,a3
670
1,905
U7
101,225
57,146
53,658
41,735
38,293
135,646
16,413
160,466
4,979
237,785
75,488
43,658
45,154
101,218
57,132
53,645
40,735
38,292
135,642
16,387
150,795
4,979
237,785
74,953
42,050
16,121
15,121
700
33,652
883
8,050
722
33,652
883
8,542
U,154
7
14
13
1,000
1
4
26
9,671
535
1,608
1,000
1,000
22
492
19,270
19,270
1,090,836
1,075,443
15,393
274,906
274,906
272,962
1,944
86,207
263,493
23,280
61,496
594
322,088
24,722
26,041
31,250
56,371
60,208
43,658
4,936
4,286
86,207
263,493
23,280
61,496
594
321,964
24,722
26,041
31,250
56,371
60,208
43,658
4,936
4,286
52,451
195,459
20,249
59,090
33,756
68,034
3,031
2,406
1,008,506
854,513
1,450
24,647
1,450
24,647
24,6U
28,168
247,987
3,083
100,825
1,612
3,676
31,336
28,168
247,987
3,083
100,825
1,612
3,676
31,336
28,168
214,903
1,500
442,784 1/
19,270
6,022
Canada
1,090,836 1/
:
289
10,506
Panajna
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
160,466
4,979
237,785
75,488
43,658
45,154
16,121
722
33,652
883
8,542
Total Europe
Latin America
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
101,225
57,li6
53,658
a, 735
38,293
135, 6i6
American Republics..
Bermuda
Antilles and Surinam
America
Total Latin America
28
10,823
1,008,630 1/
286,172
24,654
18,823
31,205
55,796
58,809
43,621
4,935
3,249
594
35,792
68
7,218
45
124
575
1,399
37
1
1,037
153,993
124
Asia:
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
l,03i
50
9,000
Total Asia
10,08i
Africa
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)....
Other Africa
1,450
94, 570
33,084
1,583
6,255
1,612
3,664
29,760
12
1,576
442,784
400,271
42,513
25,167
23,759
23,759
15,508
94
72,104
15,508
94
71,460
15,487
71,432
28
6U
143
2,052
:
500
1,408
21
94
Total Africa
500
112,873
110,821
110,678
Other countries :'
Aus tralia
All other
727
60,177
7,567
60,177
7,567
59,948
7,487
229
727
67,744
67,744
67,435
309
2,995,597
2,781,302
214,295
Total other countries
International and regional
International
European regional
Latin American regional
:
Total international and regional
Grand total
1/
1,000
U, 500
15,500
i3,656
2,997,773 1/
Grand total includes claims amounting to $186,075 thousand reported by
banks for the first time as of December 31, 1963, representing in part
claims previously held by banks but not reported. Of this total, claims
2,176
on Europe amount to $3,872 thousand, claims on Latin America $128,100
thousand, and claims on Asia $52,998 thousand.
February
1964
105
CAPITAL MOVMENTS
,
Section III - Preliminary Details by Countries
Table 4.- Purchases and Sales of Long-Term Securities by Foreigners During December 1963
(In thousands of dollars)
1/
Treasury Bulletin
106
CAPITAL MOVEMENTS
.
Section IV - Supplementary Data by Countries
Table 1.- Short-Term Liabilities to and Claims on Foreigners Reported by Nonflnanclal Concerns
(Position at end of period in thousands of dollars)
Liabilities to foreigners
Fourth revised series 2/
Country
1962
1961
1962
June 2/
Europe;
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherl ands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe Z^/
U. S. S. R
Other Eastern Europe 4/
^
Total Europe
Canada
Latin America
Argentina
Brazil
2,217
30,874
2,058
26,893
5,300
681
5,231
598
32,589
29,940
1,672
23,523
43,021
8,051
914
9,984
8,363
25,470
4,432
119,520
5,455
32,286
34,054
2,114
31,155
43,727
9,882
1,406
8,085
5,591
39,258
3,817
111,160
2,671
616
153
1,741
22,882
4,380
539
549
1,327
27,907
31,775
2,242
22,463
40,573
8,196
719
7,823
6,657
15,493
3,728
117,479
6,321
1,420
92
568
365,596
349,631
322,998
49,406
44,796
46,985
5,619
24,634
3,365
2,225
1,681
5,573
11,874
5,820
947
20,476
2,401
7,517
11,616
6,160
26,874
3,271
1,985
1,638
8,114
26,618
5,809
2,847
19,020
2,442
2/
12,199
7,545
8,091
25,030
4,341
2,837
1,596
4,345
14,940
4,163
1,703
19,168
2,412
2/
8,254
8,355
103,748
124,522
105,240
1,710
3,461
8,093
6,272
5,444
61,639
8,234
1,987
3,131
14,085
1,505
2,544
6,047
5,331
2,674
67,577
266
9,229
903
2,932
15,377
1,713
1,976
4,013
2,289
1,174
57,090
238
4,354
334
5,164
19,816
114,281
114,835
98,161
317
295
S/
13,176
1,719
8/
11,378
1,912
306
S/
12,200
8/
8/
533
57
;
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics 6/
Bermuda
Antilles and Surinam,
America 6/ T/
2/
Total Latin America
Asia:
China Mainland
Hong Kong
India
Indonesia
I srael
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
225
Total Asia
Africa;
Congo (Leopoldville)
Morocco
South Africa
United Arab Republic (Egypt)
Other Africa
Total Africa
2/
Other countries:
Australia
All other 8/
,
Total other countries 2/
International and regional
International
European regional
Latin American regional
44,409
;
476
Total international and regional.,
Grand total
10,984
18,213
,
476
677,916
Fifth revised series 2/
_
1,126
June 3/
Sixth revised series 2/
1962
September December December
Seventh revised series
1963
March
1963
March
i/
.
February
.
,
1964
107
.
Section IV
-
CAPITAL MOVMENTS
Supplementary Data by Countries
Table 1.- Short-Term Liabilities to and Claims on Foreigners Reported by hfonflnancial Concerns
- (Con.)
(Position at end of period in thousands of dollars)
Claims on foreigners
Fifth revised series 2/
Fourth revised series 2/
Country
1962
1961
December
Europe
Austria
Belgium
Denmark
Finland
France
Germany
Greece
Italy
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Yugoslavia
Other Western Europe tj ^^,.
U. S. S. R
Other Eastern Europe -tj
March
Sixth revised series 2/
1962
June ^/
June 3/
September December
1962
1963
December
March
Seventh revised series 2/
1963
March
September p
June
:
^
Total Europe
Canada
Latin America :
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Panama
Peru
Uruguay
Venezuela
Other Latin
Bahamas and
Netherlands
Other Latin
American Republics 6/
Bermuda
Antilles and Surinam.
America k/ 1/
Total Latin America
Asia :
China Mainland
Hong Kong
India
Indonesia
Israel
Japan
Korea
Philippines
Taiwan
Thailand
Other Asia
Africa;
Congo (Leopoldville)
Total Africa.
Other countries :
Australia
All other Z/
Total other countries ^f
'i
\
International and regional
International
European regional
Latin American regional
Grand total
100,731
3,014
51,366
35,418
9,751
6,818
12,135
20,598
26,977i
5,126
192,591
2,172
4,036
178
2,327
4,195
21,762
6,662
2,485
37,355
118,153
3,837
59,809
43,193
11,830
6,622
14,309
22,250
23,l65r
3,811
l64,956r
1,548
3,430
172
1,635
4,512
25,177
7,632
2,891
42,827
129,993
4,381
67,144
46,811
12,387
6,881
16,138
23,341
26, 256r
5,359
177,5131
2,283
4,813
184
2,058
3,881
27,133
5,818
4,172
49,052
106,394
5,684
62,332
37,086
13,208
5,665
15,136
25,407
33,40 2r
6,497
2U,533r
2,281
6,196
24,302
8,059
2,890
51,192i
115,579
4,707
75,497
30,822
14,976
5,975
19,545
15,227
27,912r
3,709
226,929r
2,817
4,166
5,001
171
807
1,553
1,348
6,227
24,377
8,091
2,903
51,367r
117,146
4,732
73,331
31,103
14,996
5,977
19,716
15,306
28, 348r
3,764
237,673r
2,858
5,018
807
1,553
5,W7
24,373
5,917
3,678
58,984
113,986
5,622
81,797
23,636
14,767
8,493
25,160
17,316
28,194r
5,766
192,106r
2,548
4,342
1,054
1,694
5,447
24,395
5,942
3,678
59,111
114,150
5,637
81,817
23,682
14,7&9
8,493
25,160
17,346
28,194r
5,786
195,512r
2,548
4,342
1,054
1,694
4,989
27,346
6,984
3,269
50,250
105,913
6,082
83,095
34,180
15,433
6,818
23,046
19,594
36,042
5,474
200,544
3,182
3,461
160
3,473
515,228r
557,679r
551,179r
608,5811
653,366r
643,695r
660,293r
624,8aOr
628,757r
639,335
638,1951
678,327r
724,449r
823,
730,529r
751,835r
788,682r
829,751r
917,540
36,098
64,403
18,708
13,326
5,170
41,306r
9,173r
15,913
4,844
44,445
13,560
2/
2,456
24,155
36,197
60,239
21,187
13,122
5,265
41,675r
9,071
13,725
4,073
44,243
12,969
2/
2,046
29,436r
33,704
58,631
20,528r
13,767
5,733
41,387r
9,643
12,122
4,212
38,285
15,759
1'
2,935
31,281r
36,467
68,167
23,936r
16,337
5.831
52,176r
10,612
14,189
4,580
31,807
90,277r
25,287
16,804
6,093
52,844r
9,698
22,808
5,348
38,066r
17,654
2/
2,169
32,882
105,713
24,715
15,197
6,055
55,738r
13,095
19,964
5,936
32,912r
19,693
1/
6,089
44,474
33,666
106,241
24,899
15,413
6,065
56,852r
13,362
19,990
6,112
33,159r
19,948
2/
6,089
44,604
31,204
107,961
25,244
17,160
5,753
58,323r
13,392
13,762
6,684
33,357r
21,542
29,956
102,769
25,945
20,064
5,959
6,505
40,749
31,205
107,964
25,271
17,568
5,753
58,329r
13,398
13,807
6,685
33,446r
21,564
2/
6,507
40,780
293,557r
293,248i
287,987r
336,239r
361,830r
382,463r
386,400r
381,636r
382,277r
383,420
4,362
12,236r
2,300
9,690r
79,848
1,188
7,515
6,709
2,603r
28,043r
15
3,978r
15,439
2,506
10,643
100,405
2,300
5,340
3,002
2,619r
30,018
136
3,115
24, 234r
2,395
10,353
95,938
2,928
9,419
3,518
2,743r
37,229
139
3,494
44,371r
2,572
13,985
100,749
3,093
10,797
154,519r
176,265r
192,008r
2,694
8/
9,775r
9,541
8,155r
14,778
2,454
8/
8,806r
14,562
U,455
17,199
U
3,122
39,168r
3,379r
40,527
4,371
38,354r
2,828
9,638
119,313
3,675
10,754
3,393
5,432r
33,357
4,375
38,927r
2,831
9,672
122,899
3,789
11,030
3,397
5,432r
33,476
4,435
49,651r
2,934
7,300
123,684
3,851
10,357
4,904
5,014r
38,934
100
4,435
49,652r
2,934
7,367
127,493
3,851
10,359
4,904
5,Ol6r
38,993
46
3,466
49,356
3,790
6,822
142,016
4,439
11,023
5,588
4,742
44,155
227,674r
219,757r
231,136r
235,849r
251,l64r
255,104r
275,443
3,448
S/
10,393
9,760
3,448
s/
10,445
9,764
8/
8/
8/
3/
2,353
1,095
8,224
14,809
14,952
2/
2/
2/
2/
41,433
24,227
25,411
24,267
25,589
73,239
73,513
730
730
4,568
2,517
9,639r
17,118
8/
8/
1'
2/
2/
2/
22,r07r
17,425r
64,283r
64,259r
65,854r
21
43
2,613
.8/
8/
25,011r
13,621r
13,704
19,006
4,950
37,052
37,690
10,831
9,351
10,632
4,316
33,66lr
2,523
ll,544r
111,556
3,344
9,846
3,065
3,978r
35,881
8/
24,777
18,413r
u
,55,511
25,350r
22,151r
76,775r
10,253r
12,718r
8/
2/
24,239
26,565
76,388r
21
100
3,407
S/
8,961
ll,808r
3,407
8,964
ll,810r
26,193
26,913
77,282r
26,193
27,046
77,420r
1,409
1,409
27,599
7,545
35,144
;
Total international and regional
ii
3,459
26,476
5,776
2,303
c07,417r
1,777
Morocco
South Africa
United Arab Republic (Egypt).
Other Africa
!
299
2,173
25
Total Asia
(
4,008
2A,885
6,793
2,284
46,253
77,770
3,091
47,344
28,192
9,686
5,201
11,597
19,177
17,299r
5,661
197,660r
1,858
3,997
578
445
352
360
822
220
2,735
108
578
445
352
360
822
730
730
1,409
1,635, 582r l,780,091rl,.775,707rl,974,078i2,135,966r 2,061,792r 2,108,620r 2,125,053r
1,409
2,174,718r
3,063
2,295,378
±
\2/
.'
,
I
1
i
4/
Beginning June 1962, data exclude liabilities to and claims on "associated foreign enterprises" (10-2556 ownership by reporting firms, a category formerly included in this series which subsequently has been
reported to the Department of Commerce). Amounts excluded as of June 30,
1962, were $9,784 thousand in liabilities and $30,814 thousand in claims.
Through March 1963, "Other Western Europe" may include liabilities to
and claims on some Eastern European countries.
7/
Z/
9/
Dominican Republic, Guatemala and El Salvador; other Latin American
republics included with "Other Latin America."
Through March 1963, Bahamas and Bermuda are included with "Other Latin
America."
Through March 1963, "All other" countries include Morocco and "Other
Africa."
Throueh March 1963. "Total other countries" include "Total Africa."
Treasury Bulletin
108
.COEPORAnONS AHD CERPAIR OTHER BDSIHESS-TTEE ACTIVITIES.
The current financial atatements of corporations and
certain other buslneea-type activities of the United States
Government *rtilch appear In the "Treasury Bulletin" beginning
with the August 195^ issue are compiled from reports subBitted to the Treasury under Department Circular No. 966,
issued January 30, I956, and Supplement No. 1, Issued June
The regulations so issued are pursuant to Section
1, 1956.
11^ of the Budget and Accounting Procedures Act of 1950
(31 U.S.C. 66b),
and represent another step In the program
statements of financial condition are published quarterly
and appear as Section I in the series of tables.
data under the new regulations are for March
The first
I956, and
were presented in the August I956 Bulletin. Statements of
Income and expense and source and application of funds are
published semiannually, for June 30 and December 3I report-
ing dates,
and appear as Sections II and III.
"}!,
The first of
these statements under the new regulations cover the fiscal
financial reporting for which authority was provided in
that- act.
They supersede Budget-Treasury Regulation No. 3,
year I956, and were published in the January I957 Bulletin.
Within the sections, the agencies are grouped in separate
tables by type, as follows: public enterprise revolving
funds, intragovemmental revolving funds, certain other
issued under Executive Order No. S512 of August I3,
activities,
of comprehensive and integrated Government accounting and
19'4^0,
as amended by Executive Order No. ^OSh of March 3, 19^2,
under which financial statements previously published in
the Bulletin were submitted.
In coverage, Department Circular No. 966 requires
submission of financial statements by all wholly owned and
mixed-ownership Government corporations specifically Included in the Government Corporation Control Act, as amended
(31 U.S.C. 2U6, 256); and all other activities of the Government operating as revolving funds for which businesstype public enterprise or intragovemmental fund budgets
are required by the Bureau of the Budget.
Other activities
and agencies whose operations, services, or functions are
largely self-liquidating or primarily of a revenue-producing nature, and activities and agencies whose operations
result in the accumulation of substantial Inventories,
in-
vestments and other recoverable assets, may be brought
under the regulations as agency accounting systems are
developed to the point where they are capable of furnishing the financial reports required.
Four kinds of financial statements are called for by
Department Circular No. 966.
cial condition,
of funds,
They are statements of finan-
income and expense,
source and application
and certain commitments and oontlngenclee.
The
deposit funds,
Supplement No.
1
and trust revolving funds.
added to the coverage by Including
all executive agencies and activities not reporting under
Department Circular Mo. 966, but required only a statement
of financial condition annually as of June 30.
These are
mainly not business-type activities, and those which had
not yet developed formal accounting procedures to provide
complete balance sheet types of statements were authorized
Thus the sup-
temporarily to report only the asset side.
plement rounds out provision for the information on properties and assets of the United States Government
vftiich
the
Treasury has been asked to furnish to the Committee on
Government Operations, House of Representatives, for a
continuing study of the assets of the Government.
comprehensive reporting under Supplement No.
30.
1957,
The first
1 Is for June
and the data were published In the December 1957
issue of the Bulletin as Part B of Table
1^
in Section I.
A summary of loans outstanding for a series of dates
is Included In Section I of the Bulletin presentation be-
ginning with the June 195S issue.
Two classifications of
the loans are shown, one by type and one by agency.
Data
prior to 1956 are based on the earlier reporting requirements, which provided for complete coverage of Government
lending agencies.
February
1964
_
CO
.
:
Treasury Bulletin
110
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2,- Public Enterprise Revolving Funds, September 30, 1963
(In thousands of dollars)
Agency for International Development
Total
ASSETS
Cash in banks, on hand, and In transit***
Fund balances with the U. S. Treasury 2/
Investments:
Public debt securities (par value)
Securities of Govemnient enterprises.**
Unamortized premium, or discount (-).**
Other securities* .*...••...*..**.*•*.*•
Advances to contractors and agents:
Government agencies*. ..•.*.•.*..**•*..•
Other
Accounts and notes receivable:
Government agencies. . .*•**•*.*.*•*.*.**
Other (net)
Inventories. .*...*.. .**....*.*•..*••.•••*
Allowance for losses (-)....**.*•*•.*.*
Accrued interest receivable:
On public debt securities*..*..........
On aecurities of Government enterprises
Other
Loans receivable:
Government agencies. .*..,*•****. ..*,*•*
Other: U. S. dollar loans.*..*.
Foreign cxirrency loans***. ******
Allowance for losses (-)...*****•****
Acquired aecxarity or collateral (net)*..*
Land, structures, and equipment*.,***,*,*
Accumulated depreciation (-),,,,...,,..
Foreign currencies, ..*.*********,,,,*****
Other assets (net )**.***•****.,.. •....**•
Total assets..,.,,.,,....,.**.*
LIABILITIES
Accounts payable:
Government agencies* *************
,
Other
Accrued liabilities:
Government agencies. *******.*.......***
Other
Advances from:
Government agencies* ......**...****.***
Other
Trust and deposit liabilities:
Government agencies.
**.*
Other
Bonds, debentures, and notes payable:
Government agencies*.************......
Other: Guaranteed by the U. S
Not guaranteed by the U. S. **..*
Other liabilities (including reserves)*.*
Total liabilities
Ngr INVESTMENT
United States interest:
Interest-bearing investment
Capita 1 stock
*******. •....•*****
Borrowings from the U* S. Treasury...
Other
Noninterest-bearing investment:
**
Capital stock
*****
Appropriations* . .*.**,.....*......•.*
Capitalization of assets (net)*******
.*
Other
Accumulated net Income, or deficit (-)*
Deposits of general and special fund
revenues (-)*.*
••
Total United States interest
Total liabilities and investment.........
ANALYSIS OF UNITED STATES INVESMEOT
United States investment************,,,**
Accumulated net income, or deficit (-)**»
investment incl. interagency items*
Interagency items:
Due from Government agencies (-).**•***
Due to Government agencies.............
U. S. investment excl. interagency items.
U. S.
Footnotes at end of Table 8.
Alliance for
Progress,
development
loans
Development
loans
Agriculture Department
Forei^
Development
loan fund
liquidation
account
investment
guaranty
fund
U3,95i
6,069,408
505,070
1,580,524
3,315
61
426
882
18,676
207,632
543,276
231,246
983,321
70,912
691 ,690
Commodity
Credit
Corporation
Federal
Crop
Insurance
Corporation
V
8,860
5,169
123
42,959
1,719,340
160,866
-11,235
248,246
1,991
4,173
785,357
432,981
7,055,568
-1,249,325
13,202
1,345
165,778
112,705
15,030,876
983,321
-414,301
954,929
5,300,493
-1,605,708
1,257
1.633.824
37,539,046 4/
678,585
299,111
5,490,922
-1,248,118
23,454
3,821
1,716,597 2/
-198,454
245,129
-149,598
508
-261
795,039
716,444
88,299
488,030
2,124,743
1,924,932
510
35
70,912
464,804
161,125
7,647,064
66,782
5,239
128,041
1,376
96,360
125,527
13,462
715
1,407
353,260
55,847
362,247
1U,480
190,450
482,822
170,015
2.188.813
12
510
4,743,207
,041 ,000
12,785,098
1,808,334
706,237
-7,515,141
11
_110_
15,580
100,000
12,280,000
100,000
22,828,355
1,194,271
1
1.093.110
1,857,384
35
221
714,600
2,312,500
2,000,000
30,000
-300
-190,200
1,934
-27,962
105,099
27,861
13,039
2,1U
-152,240
-152,316
-6,590,320
40,000
93,270
247
-434
-81,881
^
32,795,838
716,444
2,124,234
1,924,897
70,900
5,789,630
51,203
37,539,046
716,444
2,124,743
1,924,932
70,912
7,647,064"
66,782
40,310,979
-7.515.141
714,300
2.144
2,122,300
1.934
1,819,798
105.099
57,861
1?,0?9
12,380,000
-6.390.320
133,083
-81.881
32,795,838
716,444
2,124,234
1,924,897
70,900
5,789,680
51,203
~
-1,062,264
1.106,515
32,840,090
716,444
2,124,234
(Continued on following page)
1,924,897
70,900
-678,585
454,859
221
5,565,953
51,424
February
1964
112
rn
February
1964
lU
February
115
1964
CORPORATIONS AND CERTAIN OTHER BUSINESS-TTfPE ACTIVITIES
Section 1 - Statements of Financial Condltl on
Table 2.- Public Enterprise Revolving Funds, September 30, 1963
-
(Continued)
(In thousands of dollars)
Account
Virgin
Islands
Corporation
Treasury Department
Labor Department
Interior Department
(Continued)
Post Office
Department
Bureau of Employment
Security
Expansion
of defense
production
Advances to
unen^loyment
trust fund %/
Farm labor
supply
revolving fund
Office of the Secretary
Reconstruction
Finance Corporation liquidation fund
Postal
fund 10/
Federal Farm
Mortgage Corporation liquidation fund
ASSBTS
Cash in banka, on band, and in transit. ••
?UDd balances with the D. S. Treasury g/.
Investments;
Public debt securities (par value)
Securities of Government enterprises. ••
Unamortized premium, or discount (-)...
Other securities. ••..•..•.....«•••.•-..
Advances to contractors and agents:
Government agencies. •••«.••• ••..••«*.••
Other
Accounts and notes receivable:
Government agencies. ..••.....•....-.•..
Other (net)
Inventories. ,.,..................•..•••••
Allovrance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies. ........•..•>..>•
Other: U. S. dollar loans............
Foreign currency loans. ...••.*
Allowance for losses (-)
Acquired security or collateral (net)..
Land, structures, and equipment........
Accumulated depreciation (-)...••••..
Foreign currencies. ••..•••••••..«•••••.
Other assets (net ),......•••••••••••••.
Total assets...*.............*.-******!
LIABILITIES
Accounts payable:
Government agencies. ...**•.***.***...•.
Other
Accrued liabilities:
Government agencies. .. * •*.........••••.
Other
Advances from:
Government agencies......... ...*.......
Other
Trust and deposit liabilities:
Government agencies. .......••*.......*.
Other
Bonds, debentures, and notes payable:
Government agencies... •......• .*...•..•
Other: Guaranteed by the U. S
Not guaranteed by the 0* S. .....
Other liabilities (including reserves)...
Total liabilities
NKT INVESTMENT
Ifciited States interest:
Interest-bearing investment:
Capital stock. .........*••..**..***..
Borrowings from the U* S* Treasury*..
Other
Noninterest-bearing investment.:
Capital stock. .....•...••...*...*•*..
Appropriations. ••..........**•..****.
Capitalization of assets (net)******.
***.
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)...-...•.......•*....••••'
1
U3
340
188,513
1,576
143
639
1,337
25
91
56,772
29,658
5,516
109,205
10,283
6,810
-3,722
-1,462
162
624
-253
006
-3,828
14.,
1,901
297,718
2,191
1,683,073
377
73,335
185,854
6
15i
li3
110
1,143,546
-477,132
U8
U/
128
359
13,10i
5,783
636
37
2,501
23
79
95
iO
131
151
A2^
263
920
2,501
1,225
10,222
231.763
490,952 12/
32,130
288,000
781
501
1,373,759
-181,637
5,704
1,271
1,192,122
5,704
448
2,191
1,683,073
5,783
636
501
1,373,759
-181.637
5,704
1,192,122
5,704
448
5,704
448
770
12,257
-600
297,718
13,104
1,901
297,718
ttiited States investment.. ........ ...*...
12,229
Accxmmlated net income, or deficit (-)..*
29
32,130
-32,730
288,000
9,718
770
29
ANALYSIS OF ONITED gTATSS INVESMENI
-600
0. S. investment incl. Interagency items.
12,257
Interagency items:
Due from Government agencies (-).**....
Due to Government agencies. ••.........•
-143
189
2,501
U. S. Investment excl. Interagency Items.
12,303
1,901
8.
188
110
9,718
Footnotes at end of Table
163
1,888
3,959
-32,730
Total United States Interest
Total liabilities and investment
113,270
805,596
297,718
1,271
(Continued on following page)
448
-58,659
73,335
-109,205
188,513
U8
1,271
1,206,797
Treasury Bulletin
116
CORPORATIONS AND CERTAIN OTHEK BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1963
(In thousands of dollars)
(Continued)
February
1964
:
.
Treasury Bulletin
118
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Table 2.-
Section I - Statements of Financial Condition
Public Enterprise Revolving Funds, September 30, 1963- (Continued)
(In thousands of dollars
J
Housing and Home Finance Agency - (Continued)
Federal National
Mortgage Association
Account
Special
assistance
functions
ASSETS
Cash in banks, on band, and in transit,*.
Fund balances with the U. S. Treasury 2/.
Investments:
Public debt secxirities (par value).....
Securities of Government enterprises...
Unamortized premium, or discount (-),.,
Other secur it ies. ........ ..............
Advances to contractors and agents:
Government agencies. . ..................
Other
Accounts and notes receivable:
Government agencies. ...................
Other (net)
Inventories. .............................
Allowance for losses {-)...............
Accrued interest receivable:
On public debt securities..............
On securities of Government enterprises
Other
Loans receivable:
Government agencies. ...................
Other: U. S. dollar loans
Foreign currency loans..........
Allowance for losses (-)...«••.......
Acquired security or collateral (net)....
Land, structures, and equipment. .........
Accumulated depreciation (-)...........
Foreign currenc ies*. ...••...••.. .........
Other assets (net)... ......... ...........
Management
and
liquidating
functions
i4,003
1,981
1
8,153
75,829
1i,267
98
2,819
1X1
118
561
6,799
-1,625
1,555,920
1,202,8^1
Veterans' Administration
Federal
Housing
Administration
Public
Housing
Administration
2,218
65,136
25,127
40
Canteen
service
revolving
fund
3,077
2,037
Direct
loans to
veterans
and
reserves
Loan
giiaranty
revolving
fund
2,851
410,561
144
72,604
748,820
76,884
-6,583
407
59
15,820
14,072
55
52
108
120
724
463
1,226
1,799
1,287
130,040
1,261,513
359,075
6,022
256,788
i53
5,696
5,461
-5,158 14/
5,092
667
357,015 12/
-22,700 15/
2,983
-2,672
763
-i30
-8,453
679,361
5,254
-2,313
62,909
103
214
1,271,748
2,016,673
158,259
15,087
1,683,474
719,929
4,328
11,225
284
63,093
106
1,440
26,019
9,169
2,016
5,667
632
Total assets............. •....• ..........
LIABILITIES
Accounts payable:
Government agencies. . •*••«.............
Other
Accrued liabilities:
Government agencies. •.«••• •...••.......
Other...
Advances from:
Government agencies. . ..................
Other
Trust and deposit liabilities:
Government agencies,..,.
Other
Bonds, debentures, and notes payable:
Government agencies.
Other: Guaranteed by the U. S. .........
Not guaranteed by the U. S. .....
Other liabilities (including reserves)...
1,537,?69
Total liabilities.
NKP INVESTMEW
United States interest:
Interest-bearing investment
Capita 1 stock. .,,.,,,,,..............
Borrowings from the U. S. Treastiry. ..
Other
Noninterest-bearing investment:
Capital stock. .......................
Appropriations. . .....................
Capitalization of assets (net).......
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-)..........................
31.83;^
35,636
1,i77,830
1,131,120
13,625
i82
10,193
17,727
23,891
8,090
-3,980
611
3,307
23,050
7,097
-3,537
4_
29,513
12,125
48I
535
158
624
4I8
190,450
482,382
776
77,605
104,993
1.936
133.059
67,715 6/
855,483 6/
.^8^
3,486
61,000
1,161,190
1.421
39,564
1,624,360
1.156
10,325 6/
105,718 16/
1,000
1,365,116
246,560
366
-1,583,131
11,236
19,550
-18,602
622,488
1,555,^35
1,236,113
1
,161 ,190
90,545
11,601
1,643,910
709,604
Total liabilities and investment.........
1,587,269
1,271,748
2,016,673
158,259
15,087
1,683,474"
719.929
ANALYSIS OF UNITED STATES INVESTMEW
United States investment.................
Accumulated net income, or deficit (-)..,
1,477,830
77,605
1,131,120
104,993
1,161,190
1,673,676
-1,583,131
366
11,236
1,624,360
19,550
728,206
-18,602
interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies.............
1,555,435
1,236,113
1
,161,190
90,545
11,601
1,643,910
709,604
-22,537
13.625
-79,209
10,193
-93,371
200,100
1,451
-52
264
12,125
investment excl. interagency items.
1,546,522
1,167,098
1,267,919
91,996
11,814
1,656,034
Total United States Interest.
U. S. investment incl.
U. S.
Footnotes at end of Table 8.
(Continued on following page)
709,604
1964
February
119
,
COKPORATIONS AKD CERTAIH OTHER BUSIKESS-TYEE ASTIVITIKS.
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1963
(In thousande of
-
(Continued)
doUars)
Export- Import Bank
of Washington
Veterans' Administration - (Continued)
Account
Rental,
maintenance,
and repair
of quarters
Servicedisabled
veterans
insurance
fund
Soldiers
and
sailors
civil
relief
Veterans
special
term
insurance
fund
Vocational
rehabilitation
revolving
fund
Regular
lending
activities
Liquidation of
certain Reconstruction
Finance Corporation assets
AflSETS
Cash In banks, on hand, and In transit,.*
Fund balances vith the U. S, Treasury 2/.
Investments:
Public debt securities (par value),,,,.
Securities of Government enterprises,,.
Unamortized premium, or discount (-)..,
Other securities ,,,,,.,,,,,,,,,,,,,,.,,
Advances to contractors and agents:
Government agencies. . .,,••.,,.......,,,
Other
Accounts and notes receivable:
Government agencies, , .•.,..•.....,...,,
Other (net)
Inventories
,
,,,,,,,,,,,,,,
Allowance for losses (-),,,,,..,,,,.,..
Accrued interest receivable:
On public debt securities,.,,,,,,,,,,,.
On securities of Government enterprises
Other
Loans receivable:
Government agencies,. •,,,,,,,,,,.,,,,,,
Other: U, S, dollar loans,,,,,,,,,,....
Foreign currency loans. .........
Allowance for losses (-).............
Acquired secxirity or collateral (net),,..
Land, structures, and equipment..........
Accumulated depreciation (-)..,,,,,,,,,
Foreign currencies,. •.,,••..•••••• ••••...
Other assets (net)... ......•*. »••••••••,,
13
580
62
118
802
2,439
314
546
105,074
1,250
1,191
10
1
865
57
2,918
58,426
41
O
2,114
75
3,598,608 17/
399
-210
10
Total assets... ............ ,.,,,,,,,,,,,.
3,588
10
11
1'^5
109,029
394
3,661,412
1,250
LIABILITIES
Accounts payable:
Government agenc ies.....,,,,,, ,,,......
Other
Accrued liabilities:
Government agencies. •..,•,,,•. ,,,.,,,.,
Other
Advances from:
Government agencies .,.,,,,,,.,,,,,,,,,,
Other
Trust and deposit liabilities:
Government agencies.,.,,,,,..,,,,,,,,..
Other
Bonds, debentures, and notes payable:
Government agencies, .,,,,,,,,,,,
,.
Other: Guaranteed by the U. S, ,.,,,,,,,
Not guaranteed by the U, S, ,,,,,
Other liabilities (including reserves),,.
25,604
96,995
527,661
Total liabilities
26,357
98,542
546,415
63
135
1,547
753
9,153
9,002
33
368
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capita 1 stock, .,,,.....,,.,,,,,,,,,,•
Borrowings from the U, S, Treasxiry, ,,
Other
Noninterest-bearing investment:
Capita 1 stock ,,,,,,,,,,,,,,,,,,.,,,,,
Appropriations ,,,, .•,,,...•.......•,•
Capitalization of assets (net).....,.
Other. . ...••.................•,,,,,,,
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-),,,,,,,,,,,,,,.......
1,274,600
1
4,500
2,003
-27,269
-1 ,902
,000,000
400
1,250
10,488
-12
840,397
-22,769
101
10,488
338
3,114,997
1,250
Total liab ilities and investment.........
3,588
105
109,029
394
3,661,412
1
,250
ANALYSIS OF UNITED STATES INVESTMENT
United States investment...... .,,....,...
Accumulated net income, or deficit (-).,,
4,500
2,003
-1.902
2,274,600
840.397
,250
10.488
400
-12
1
-27 269
Total United States interest
-4
.
U# S, investment tncl,
interagency items.
Interagency items:
Due from Government agencies (-),,...,,
Dae to Government agencies,,.,,,,,,,,.,
-4
-22,769
101
10,488
388
3,114,997
U, S.
-4
-22,769
101
10,483
388
3,124,246
investment excl, interagency items.
Footnotes at end of Table 8.
1,250
9,249
(Continued on following page)
1,250
120
en
Februarif
1964
121
CORPORATIONS AND CERTAIN OTHER BUSINESS-T'iTE ACTIVITIES
Section I - Statements of Financial Condition
Table 2.- Public Enterprise Revolving Funds, September 30, 1963- (Continued)
(In thousands of dollars)
Account
122
Treasury Bulletin
^February
1964
124
February
1964
125
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 3.- Intragovernmental Revolving Funds, September 30, 1963
-
(Continued)
(in thousands of dollars)
Interior
Department
Office of
the Secretary
Account
Working
capital fund
Justice
Department
Federal
Prison
Industries,
Inc.
Labor
Department
Office of
the Secretary
Working
capital fund
Treasury Department
Bureau of
Engraving
and
Printing
General
Services
Administration
United States
Coast Guard
Supply
fund
Buildings
management
fund
Yard
fund
ASSES
Cash in banks, on hand, and In transit...
Fund balances with the U. S. Treasury l/.
Investments:
Public debt securities (par value)
Securities of Government enterprises...
Unamortized premium, or discoxint (-).,.
Other securities (net)
v
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest 'receivable:
On public debt securities
On securities of Government enterprises
Other
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)..
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
75
7,258
6,230
3,594
6,775
Ul
126
283
-123
122
U9
3,188
2,506
17
1
«
11,193
111
7,268
492
24,296
1,003
16
Total assets
LIABILITIES
Accounts payable:
Government agenc ies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
1
741
1,277
91
3,808
467
37,556
8
399
9,034
75,815
-7
-57
12,607
-6,499
14,420
-10,888
23,508
-7,807
91
-2U
34,847
-12,706
37,525
1,101
38,434
8,774
22,334
143,126
437
1,256
84
157
18
367
1,189
738
204
191
4,416
10,804
93
125
895
525
273
287
12,690
220
174
16
1
760
38
174
29,773
256
61
,
Other:
Guaranteed by the United States
Not guaranteed by the United States.,
Other liabilities (including reserves)..,
,
697
94,237
1,927
14,385
139,230
6,829
7,825
18
124
4,384
-7,931
3,943
82
477
83
1,648
254
2,360
812
3,852
184
6,023
299
39
29,142
3,250
22,001
3,939
392
Total United States interest.
523
35,165
34,582
6,847
7,949
3,897
Total liabilities and investment.
777
37,525
38,434
8,774
22,334
143,126
484
39
6,023
29,142
299
-10
34,190
392
6,829
18
7,825
124
-47
3,943
523
35,165
289
34,582
6,847
7,949
3,897
-411
122
-3,188
612
479
-2,522
903
-1,277
1,189
-467
13,150
-38,559
34,189
32, 588
768
32,964
6,759
20,631
-474
Total liabilities
,
NEI INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S, Treasury..
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-)
Deposits of general and special fund
revenues (-)
Jl
ANAL1CSIS OF UNITED STATES INVESTMENT
United States investment
Accumulated net income, or deficit (-)..
I
'
,j
II
Total United States Investment including
interagency items
Interagency Items:
Due from Government agencies (-)
Due to Government agencies
Total United States investment after
exclusion of interagency items
(Footnotes at end of Table 8.
300
234
(Continued on following page)
3,500
.
Treasury Bulletin^
126
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES
Table 3.
Section I - Statements of Financial Condition
Lntragovernmental Revolving Funds, September 30, 1963
-
(Continued)
1964
February
127
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, September 30, 1963
(In thousands of dollars)
Agency for International
Development
Account
Foreign
currency loans
Total
Private
enterprises 1/
ASSETS
Cash in banks^ on hand, and in transit, ••
Fund balances vrith the U. S, Treasury 4/.
4,338
3,530,i2i
7,691,039
-3,832,142
948,491
1,455,457
250,229
9_
Total assets, ..,,,.,.,,,,.,.
37,914,231 8/
336,317
Total liabilities
NET INVESTMENT
United States interest:
Interest-bearing investment:
Capital stock. ..«...,,.,. ............
Borrowings from the U, S, Treasury,..
Other
Noninterest-bearing investment:
Capital stock
,,,,,
,,.,.
Appropria t ions ,....,...,...,...,,,,,,
Capitalization of assets (net),,...,.
Other, ,....................,,,,,,,,,,
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-)....,,
,,,.,,.,,
U.S. dollar
and foreign
ctirrency
Farmers
Home
Administration 2/
loans
42,972
12,523
Investments:
Public debt securities (par value).,...
Securities of Government enterprises.,,
Ifcamortized premium, or discount (-),..
Other securities.
Advances to contractors and agents:
Government agencies, ..................
Other
Accounts and notes receivable:
Government agencies. ..,,,,......,,.,..,
Other (net)
Inventories
Allowance for losses (-)..,.....,.....,
Accrued interest receivable:
On public debt securities..,.....,.,,..
On securities of Government enterprises
Other
Loans receivable:
Government agencies. .,,.,......,.,,,,,,
Other: U. S. dollar loans.....,,,,,,,,.
Foreign currency loans..........
Allowance for losses (-)...,,........
Acquired security or collateral (net)....
Land, structures, and equipment....,,,,,.
Accumulated depreciation (-),.,,,,,•,,,
Foreign currencies, .,,.......,,,,,,,,,,,,
Other assets (net ),...,,.,.,,.,.....,,,,,
LIABILITIES
Accounts payable:
Government agencies, , ,,,.,
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies. ...................
Other
Trust and deposit liabilities:
Government agencies........
Other
Bonds, debentures, and notes payable:
Government agencies. .........,,,,......
Other: Guaranteed by the U. S
Not guaranteed by the U, S, .....
Other liabilities (including reserves),,.
Agriculture Department
Commerce Department
Rural
Electrification Administration
Maritime
Administration
Loans of
Inland
Waterways
Corporation in
liquidation 2/
37
3,640
71,658
299,596
93
113
16
2
17,071
5,292
5,401,013
33,315
11,254
199,330
2,083,774
7,131,007
412
490,601
442,125
1,440
9,634,087
2,695,024
-12,166
2,859
328
V
151,059
V
54
8,618
1,956
5
105
1,415
81,478
42,324
1,605,864
2,613,546
115
7,211
150,362
1,093
38
510,393
3,738,052
1,440
107,981
3,750
-3,076
-9,090
115
91,139
312,945
2,145
-1,227
752
-337
558,706
3,955,132
698,263
40,303
5,164,382
13,058
328
35,183
159,727
11,925
4,506,473 6/
-3,697,561 7/
4,278
1,670
1,259,897
51
11
40
20,372
18,236
454
136,266
34,523
3,738
34,310
17
U,909
1,226
13,419
32,481
114,495
377
22
752
8,706
4,927
1,352
3,346
825,419
18,061
25,528
20,582
203,762
4,914,748
757,180
420,953
3,736,615
4,936,430
652,658
-10,878
-4,926
313,084
3,2U,214
-1,148
-112,440
2,558,713
-3,540
-3,692,854
-1,050,399
23,806,267
2,686,907
11,315,689
-3,184,121
390,240
-20,939 2/
-93,145
38,595 2/
-271 ,808
-492,738 2/
3,788
-32,984 2/
336,317
-252,822
-1,562
37,088,812
5,146,321
533,178
3,934,550
1,056,134
3,738
37,914,231"
336,317
5,164,382
558,706
3,955,132
1,259,897
3,738
40,272,933
-3,184,121
357,256
-20,939
5,107,726
38,595
804,986
4,046,990
-112,440
4,748,988
-3,692,854
3,788
-271 ,808
U. S.
37,088,812
336,317
5,146,321
533,178
3,934,550
1,056,134
3,788
-2,859
-151,059
11,925
-54
5,505
-2
13,714
U. S,
-724,685
205,754
36,569,881
333,453
5,007,187
538,628
3,953,262
-18,624
35,073
1,072,584
3,783
Total United States interest,
Total liabilities and in vestment ...,...,,
ANALYSIS OF UNITED STATES INVESTMENT
United States investment,,,,,,,,,,,,,,,,.
Accumulated net income, or deficit (-),,.
investment incl, interagency items.
Interagency items:
Due from Government agencies (-)..»,,,,
Due to Government agencies.............
investment excl. interagency items.
Footnotes at end of Table 8.
-2,450,678
(Continued on following page)
.
.
.
Treasury Bulletin
128
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, September 30, 1963 - (Continued)
(In thousands of dollars)
Defense
Department
Military
assistance
credit
Account
sales 10/
AaSEIS
Cash in banks, on hand, and In transit, ••
Fund balances with the U. S. Treasury 4/.
Investments:
Public debt securities (par value).....
Securities of Government enterprises...
Unamortized premium, or discount (-)...
Other securities.. •..,••..••...........
Advances to contractors and agents:
Government agencies..
Other
Accounts and notes receivable:
Government agencies ....................
Other (net)
Inventories. . ...•.
Allowance for losses. (-).........
Accrued interest receivable:
On public debt securities. ....... ......
On securities of Government enterprises
Other
Loans receivable:
Government agencies. .....,•..
Other: U. S. dollar loans.......
Foreign currency loans, ........
Allowance for losses (-).............
Acquired security or collateral (net)....
Land, structures, and equipment...,,.,.,.
Accumulated depreciation (-)..••.••....
Foreign currencies. ..,••••....•......,•••
Other assets (net)
Total assets. .•,•••......*.••.••. ........
LIABILITIES
Accounts payable:
Government agencies........ ... .........
Other
Accrued liabilities:
Government agenc ies.......
Other
Advances from:
Government agencies. . . ...... .......••.•
Other
Trust and deposit liabilities:
Government agencies. ..•.•..,.•.....•..Other
Bonds, debentures, and notes payable:
Government agencies. ...................
Other: Guaranteed by the U. S
Not guaranteed by the U, S. .....
Other liabilities (including reserves)...
Justice
Department
Interior Department
HEW Department
Office of
Education
Office of
Territories
Loans to
students
(World War II)
Alaska
public
works
Bonneville
Power
Administration
46,361
Southeastern
Power
Administration
291
Southwestern
Power
Administration
Immigration
and Naturalization
Service
17,664
14,192
28
177,836
15
109
439
2,114
1,262
570
322
522,077
-93,281
97
-4A
30,849
-7,799
19,757
16,972
16,972
177,336
348
8,303
4,151
4,076
23,089
39
511,075
2,497
42,666
38,880
4,463
34
1,002
109
77
3,334
9,308
2,143
4,081
49
U
867
472
Total liabilities
13
2U
17
15,027
39
20,82?
100
_21L
6.264
10,617
16,223
36,656
1,060
1,122 11/
36,110
25,867
NSr INVESTMEm
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S. Treasury...
Other
Noninterest-bearing investment:
Capital stock
Appropriations....... •..•••.........,
Capitalization of assets (net). ....«,
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-)... .....•...•.•. ........,<
Total United States Interest
Total liabilities and investment
ANALYSIS OF UNITED STATES INVESIMEMI
United States investment.,..
Accumulated net income, or deficit (-)..,
177,836
13.471
-15,337
-403,171
-169.623
-42.900
-1.3U
16,972
490,247
2,397
32,049
22,657
177,836
21
16,972
511,075
2,497
42,666
38.880
177,836
605
-584
16,972
469,274
20,973
-158,729
161,126
-4,061
36,110
37,993
-15.337
16,972
490 247
2,397
32,049
22,657
-375
867
26
-109
9,308
-439
2.436
490,739
2,424
41 ,24s
24,654
177,836
8
11,003
224
-333
161,126
21
investment excl. interagency items.
Footnotes at end of Table
739,092
19,780
113,573 11/
20,973
177,836
177,836
U. S.
16,972
-584
investment incl. interagency items.
Interagency items:
Due from Government agencies (-).......
Due to Government agencies.............
U. S.
605
16,972
(Continued on following page)
,
•
-
February 1964-
129
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Actlvltiee, September 30, 1963 - (Continued)
(in thousands of dollars)
Justice
Department (Continued)
AcGOXint
Legal
activities
and general
administration
State
Department
International
Boundary
and Water
Commission
Treasury
Department
General Services Administrati
Miscellaneous
loans and
certain other
assets 12/
Public works
Administration (in
liquidation)
Strategic
and critical
materials
All
other
National
Aeronautics
and Space
Administration
lA/
ASSETS
Cash in banis, on hand, and In transit,,.
Fund balances with the U. S. Treasury 4/,
Investments:
Public debt securities (par value),....
Securities of Government enterprises,,.
Unamortized premixjm, or discount (-)..,
Other securit ies
Advances to contractors and agents:
Oovemnient agencies....................
Other
Accoxints and notes receivable:
Government agencies...,,,,,,.,,.,,.....
Other (net )
Inventories
Allowance for losses (-)..,.,,,,,,..,..
Accrued interest receivable:
On public debt securities., .,,,,,..,,,.
On secxirities of Government enterprises
Other
Loans receivable:
Government agencies. ...................
Other: U, S. dollar loans..............
Foreign currency loans..,,,,,,,.
Allowance for losses (-)...,,.,...,,,
Acquired security or collateral (net),.,.
Land, structures, and equipment,,,
,.
Accumiilated depreciation (-),,,,,,,..,,
Foreign currenc ies,..,.,,,,,,,,,,,,,,,,,.
Other assets (net)..,....,.,,.,.......,,.
Tota 1
a ssets.
.,,.,.
432
13,857
12,599
13,293
630,282
2,292,713
887
5,400,967
IV
46
162
116
22
4,365
10,535
7,102,040
2,030,106 16/
58
228
29,330
3,8U
213
10,604
3,749
15,798
1,049
17,922
5,283
20,592
392
490,601
238,191
3,308,271 17/
9,226
922
60,298
89,980
70,419
-6,806
177,410
23,360
1U
99,962
201,
63
1,480,296
-247
11,468,157
61,648
974,335
829,460
318,196
7,130,236
3,080,878
3,643,989
1,462
1,058
24,406
20,435
59,470
260,069
7,272
14,928
232
LIABILITIES
Accounts payable:
Government agencies, , ,,,,,,,,,,,,,..,
Other
Accrued liabilities:
Government agenc ies,,,,,,,,,,........
Other
Advances from:
Government agencies, ...,.,,,.,,,,,,.,
Other
Trust and deposit liabilities:
Government agencies, .................
Other
Bonds, debentures, and notes payable:
Government agencies ..................
Other: Guaranteed by the U. S
Not g\iaranteed by the U, S, , ,
Other liabilities (including reserves).
Total liabilities
NET INVESTMEOT
United States interest:
Interest-bearing investment:
Capita 1 stock, .,. ..••..••.... ....,,,,
Borrowings from the U, S, Treasury, ,
Other
Noninterest-beartng investment:
Capita 1 stock
Appropriations
,,,,,,.,,......,,,
Capitalization of assets (net),,,,,,.
Other
Accumulated net income, or deficit (-).
Deposits of general and special fund
revenues (-),.......,,,,,,,,,,..,.,,..
126
2,853
127
585
2,669
2,395
69.610
2,858
J, 922
5,415
122,307
11,593
141,126
-2,242
7,124,821
2,958,572
1,021,925
10,739,365
2,287,365
61 ,648
186,693
-38,745
334,699
728,792
-3,099
198,286
97,0^0
11,468,157
61 ,6^8
7,12i,821
2,958,572
3,309,290
1W
99,962
11,468,157^
61 ,648
7,130,236
3,080,878
3,643,989
ANALYSIS OF UNITED STATES INVESMENT
United States investment.,.,,.......,,,
Accumulated net income, or deficit (-).
198,286
135,785
-38,745
10,739,365
728,792
61,648
7,124,321
2,958,572
3,309,290
U. S.
investment incl. interagency items.
Interagency Items:
Due from Government agencies (-).,,,,,,
Due to Government agencies.............
198,286
97,040
11,468,157
61 ,648
7,124,821
2,958,572
3,309,290
-4,365
1,462
-33,080
31 ,677
-21,765
74,398
U, S,
201,029
7,121,918
2,957,169
3,361,923
Total United States interest
Total liabilities and investment
investment excl. Interagency items.
Footnotes at end of Table 8.
201,
-116
2,858
-490,623
97,040
10,977,534
(Continued on following page)
61,648
.
Treasury Bulletin
130
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES
Section I - Statements of Financial Condition
Table 4.- Certain Other Activities, September 30, 1963 - (Continued)
i
:
.
February
1964
rx
:
Treasury Bulletin
132
.CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 5.- Certain Ueposlt Funds, September 30, 1963
(In thousands of dollars)
Farm Credit Administration
Account
Total
Banks
for
cooperatives
Federal
intermediate
credit
banks
Federal
Deposit
Insurance
Corporation
Federal Home
Loan Bank
Board
Federal home
bank s
ASSETS
Cash in banks, on hand, and in transit..
Fund balances with the U. S. Treasury 1/
Investments:
Public debt securities (par value)
Securities of wholly owned Govt, enterprises.
Unamortized premium, or discount (-)
Other securities
Advances to contractors and agents:
Government agencies
Other
Inventories
Allowance for losses (-)•
Accounts and other receivables:
Government agencies
Other (net )
Loans receivable:
Government agencies
Other
Allowance for losses (-)
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (-)
Other assets (net)
Total assets
119,291
17,127
U,975
4,409,568
43,056
-21,781
-310
82
49
10
3
3U
9,940
26,400
7,084,922
-9,634
737,028
-8,648
98,
9,729
-1,456
16,064
71
71
578
-519
286
11,748,733
796,543
236
71,133
32
5,204
LIABILITIES
Accounts and other payables:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Ot her
Bonds, debentures, and notes payable:
Government agencies
Other: Guaranteed by the United States
Not guaranteed by the United States.
All other liabilities (including reserves)...
149
1,014,673
67,300
5,989,985
180,144
Total liabilities
NET INVESmENT
Private interest:
Capital stock
Accumulated net income, or deficit (-).
Total private interest.
United States interest:
Interest-bearing investment
Capital stock
Borrowings from the U. S. Treasury
Other
Noninterest-bearing investment:
Capital stock
Appropriations
Capitalization of assets (net)
Other
Accumulated net Income, or deficit (-)
Deposits of general and special fund revenues (-)
196,800
2,711,820
Total United States Interest
2,908,620
Total liabilities and investment
11,748,733
1964
February
133
.COEPOEATIONS AND CERTAIN OTHER BUSINESS-TYFE ACTIVITIES.
Section I
Statements of Financial Condition
Table 6.- Certain Trust Revolving Funds, September 30, 1963
•
(In thousands of dollars)
Agriculture
Department
Farmers Home
Administration
'
Total
1/
Account
State rural
rehabilitation
funds 2/
Justice Department 2/
Defense
Department
Array
Department
Federal Prison
System
Office of Alien Property
Alien property fund
United States
Soldiers' Home
revolving fund
World
War II
37
101,062
Philippines,
World War II
International
Claims Settle- Commissary
ment Act,
funds, Federal
Title II fund prisons
ASSETS
Cash in banks, on hand, and in transit....
Fund balances with the U. S. Treasury 2^.
Investments:
Public debt securities (par value)
Securities of Government enterprises..,.
Unamortized premium, or discount (-),...
Other securities
Advances to contractors and agents:
Government agencies
Other
Accounts and notes receivable:
Government agencies
Other (net )
Inventories
Allowance for losses (-)
Accrued interest receivable:
On public debt securities
On securities of Government enterprises.
Other
Loans receivable:
Qovemment agencies
Other
Allowance for losses (- )
Acquired security or collateral (net)
Land, structures, and equipment
Accumulated depreciation (- )
Other assets (net )
I
;
'
1
I
'
I
.'
1
I
Total assets
175,545
2,017
445,163
29,509
-7,021
40,900
1,634
43,213
665
13
903
223
-6
1
U8
3,627
336
11,913
183
1
3
110
240
638
V
2,115,303
-65,433
8,092
23,930
-2,400
822
-215
57,151
28
81
27
-81
50,316
478
2,860,019
25,882
151,382
661
148
498
-79
V
51
953
885
LIABILITIES
I
Accounts payable:
Government agencies
Other
Accrued liabilities:
Government agencies
Other
Advances from:
Government agencies
Other
Trust and deposit liabilities:
Government agencies
Other
Bonds, debentures, and notes payable:
Government agencies
I
'
II
1
I
'
46, 561
1,249
22,356
13
91
27
9
27,022
Other:
I
I
'
I
Guaranteed by the United States
Not guaranteed by the United States.
Other liabilities (including reserves)..
1,898,772
7,939
Total liabilities
2,003,899
NET iNVEsrimrr
Trust Interest
Principal of fund
Capitalization of assets (net)
Accximulated net income, or deficit (-).
I
I
Total trust interest
United States interest:
Interest-bearing investment:
Capital stock
Borrowings from the U. S, Treasury.
Other
Noninterest-bearing investment:
Capital stock
1
j
ii
Total United States interest.
Total liabilities and Investment.
1/
2/
4/
13
91
394
269,463
419
338,333
26,813 6/
658,215
25,847
135
150,488
661
953
794
25,882
148
151,382
661
953
385
135 2/
150,488
661
953
419
375
-966
.
Appropriatfons
Capitalization of assets (net)
Other
Accumulated net income, or deficit (-),
Deposits of general and special fund
revenues (-)
1
894
35
158,820
39,085
197,905
2,8tO,019
Consists of trust revolving funds currently reporting on a quarterly,
semiannual, or an annual basis.
Figures are as of June 30, 1963, the latest available.
See Table 1, footnote 1.
Includes loans of $18,610 thousand which are insured by the Farmers'
^
6/
2/
Home Administration, agricultural credit insurance fund.
Includes foreign currencies valued at U. S. Treasury reporting
rates as of June 30, 1963.
Represents transfers from States.
*
Represents equity of the fund,
Less than $500.
(Continued on following naee)
Treasury Bulletin'
134
.CORPORATIONS AND CERTAIN OTHER BUSINESS -TrE=E ACTIVITIES.
Sectlon I - Statemente of Financial Condition
Table 6.- Certain Trust Revolving Funds, September 30, 1963
-
(Continued)
(in thousands of dollars)
General
Services
Administration
Account
National
Archives
trust fund
Housing and Home
Finance Agency
Federal National
Mortgage Assoc.
Secondary
market
operations
Civil Service Commission
Employees'
health
February
1964
135
-CORPORATIONS AND dERTAIN OTHER BUSINESS-TTPE
ACnvmES.
Section I - Statements of Financial Condition
Table ?•- Loans Outstanding September 30, I963, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans 1/
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total
2/
Public enterprise
revolving funds
To aid agriculture :
Loans to cooperative associations:
Farmers' Home Administration:
Direct loan account
Rural Electrification Administration
Crop, livestock, and commodity loans:
Commodity Credit Corporation
Farmers' Home Administration:
Direct loan account
Emergency credit revolving fund
Virgin Islands Corporation
Storage facility and equipment loans:
Commodity Credit Corporation
Farm mortgage loans:
Farmers' Home Administration:
Agricultural credit insurance fund
Direct loan account
Rural housing and other loans
Other loans:
Farmers' Home Administration:
Direct loan accoujit
Rural housing and other loans
Total to aid agriculture
22,604
3,738,052
1,650,020 4/
22,604
1,650,020 4/
1,931
1,931
79,212
79,212
3
3
66,576
66,576
62,399
308,703
62,399
308,703
501 ,883
,
,
,
608,233
608,233
8,511
7,043,127
2,799,682
357,015
357,015
1,202,841
1,555,920
60,756
1,202,841
1,555,920
60,756
3,892
3,892
To aid home owners:
Mortgage loans;
Federal Housing Administration
Federal National Mortgage Association:
Management and liquidating functions
Special assistance functions
Federal Savings and Loan Insurance Corporation
Housing and Home Finance Administrator:
Community disposal operations fiand
Interior Department:
Bureau of Indian Affairs:
Liquidation of Hoonah housing project
Public Housing Administration
Veterans Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
Other loans:
Veterans Administration:
Direct loans to veterans and reserves
Loan guaranty revolving fund
,
,
,
,
,
,
163
232
'
,
,
'
,
Total to aid home owners
To aid industry:
Loans to railroads:
Expansion of defense production:
Treasury Department
Other purposes:
Interstate Commerce Commission
Treasury Department:
Reconstruction Finance Corporation liquidation fund.,
Ship mortgage loans:
Commerce Department:
Federal ship mortgage insurance fund
Maritime Administration
Other loans:
Expansion of defense production:
Interior Department
Treasury Department
Defense production guaranties:
Air Force Department
Army Department
Navy Department
Other purposes:
Commerce Department:
Area Redevelopment Administration:
Area redevelopment fund
Federal ship mortgage insurance fund
Loans of Inland Waterways Corporation in liquidation
General Services Administration:
Reconstruction Finance Corporation liquidation fund.
12,259
14,676
4,781
13,810
103,058
10,283
39,808
4,894
2,129
5,077
30,972
1,446
3,750
558
Certain other
activities
Foreign
currency
loans 2/
136
Treasury Bulletin
.
CORPORATIONS AND CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding September 30, 1963, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued) 1/
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Total 2/
Public enterprise
revolving funds
Certain other
activities
Foreign
currency
iDans 2^
To aid industry (Continued)
Other loans (Continued):
Other purposes (Continued):
Housing and Home Finance Admini^rator:
;
Liquidating programs
Interior Department:
Bureau of Commercial Fisheries:
Fisheries loan fund
Office of Mineral s Exploration 5/
Small Business Administration:
Revolving fund ( lending operations)
Treasury Department:
Civil defense loans
Reconstruction Finance Corporation liquidation fund.
Total to aid industry
i,183
4,183
5,742
617
5,742
6i6,12i
646,124
576
2,029
576
2,029
906,773
784,672
617
122,101
To aid education :
Health, Education, and Welfare Department:
Loans to institutions and nonprofit schools^.
Loans to students in institutions of higher education 1/
Loans to students (World War II)
Housing and Home Finance Administrator:
College housing loans
1,523,209
1,523,209
Total to aid education
1,862,821
1,523,209
3,814
3,814
To aid States, Territories, etc.
Commerce Department:
4,464
335,134
15
4,464
335,134
15
339,612
:
Area Redevelopment Administration:
Area redevelopment fund
General Services Administration:
Public Works Administration (in liquidation)
Health, Education, and Welfare Department:
Public Health Service i/
Housing and Home Finance Administrator:
Public facility loans
Liquidating programs
Urban renewal fund
Interior Department:
Bureau of Reclamation i/
Office of Territories:
Alaska public works
National Capital Planning Commission ^,
Public Housing Administration
Treasury Department:
Miscellaneous loans and certain other assets
113,120
7,829
142,724
Total to aid States, Territories, etc
643,610
60,298
60,298
4,093
4,093
113,120
7,829
142,724
66,743 6/
66,743 6/
16,972
1,159
129,354
16,972
1,159
129,354
97,503
97,503
Foreign loans
Military assistance credit sales:
Defense Department:
Air Force Department
Army Department
Navy Department
Other purposes:
Agency for International Development:
Alliance for Progress, development loans
Development loans
Development loan fund liquidation accoiint
Loans to United States firms and domestic or foreign
firms in foreign countries
All other loans
Commerce Department:
Maritime Administration
Export- Import Bank of Washington:
Regular lending activities
Treasury Department:
Miscellaneous loans and certain other assets
396,842
246,768
:
207,632
543,276
231,246
207,632
543,276
231,246
1,605,864
(
81,478 6/
2,613,546 S/
4,922
3,598,608 2/
3,210,713
9,580,099
983,321 2/
1,605,864
4,922
3,598,608 2/
Total foreign loans
Footnotes at end of table.
7,949
72,205
97,682
7,949
72,205
97,682
3,210,713
4,580,763
Continued on following page)
4,999,336
3,678,345
February
1964
137
.CORPORATIONS AHD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 7.- Loans Outstanding September 30, 1963, Excluding Interagency Loans and Those Made by
Deposit and Trust Revolving Funds, Classified by Types of Loans - (Continued) V
(In thousands of dollars)
United States dollar loans
Type of loan and lending agency
Public enterprise
revolving funds
Total 2/
Certain other
activities
Foreign
currency
loans _2^
Other loans;
General Services Administration:
Surplus property credit sales and liquidation activities.
Housing and Home Finance Administrator:
Housing for the elderly
Liquidating programs
Interior Department:
Bureau of Indian Affairs:
Loans for Indian assistance 5/
Revolving fund for loans
Office of Territories:
Loans to private trading enterprises
Public Housing Administration
Small Business Administration:
Revolving fund (lending operations)
State Department:
Loans to United Nations
Emergency loans to individuals
Treasury Department:
Federal Farm Mortgage Corporation liquidation fund
Miscellaneous loans and certain other assets
Veterans' Administration:
Insurance appropriations policy loans
Service-disabled veterans' insurance fund
Soldiers' and sailors' civil relief
Veterans' special term insurance fund
Vocational rehabilitation revolving fund
^
29,361
7,051
Total other loans
U
164
404
164
404
82,411
82,411
110,220
526
110,220
526
US
U8
55
55
360
860
2,918
43
2,114
2,918
43
2,114
75
75
345,907
1U,253
201,654
25,188,793
15,030,876
10,157,916
523,829
Total loans of agencies submitting financial statements on a
quarterly basis as shown in Table 1
24,664,964
%
U
19,263
Loans of agencies submitting financial statements
Deduct:
on an annual basis (see footnote 5)
y
29,361
7,051
19,263
^
Total loans
89,980
89,980
Includes purchase money mortgages, mortgages purchased from insured
lending institutions to prevent default, and similar long-term paper
held by the agencies which are now classified as loans receivable.
Prior to June 30, 1960, these assets had been classified as accounts
and notes receivable or other assets.
Does not include foreign currency loans.
The dollar equivalents of these loans are computed for reporting purposes at varying rates. Where the loan agreements stipulate a dollar
denominated figure, the loans outstanding are generally valued at
agreement rates of exchange. Loans executed in units of foreign currency are valued at the market rates (i.e., the rates of exchange at
which Treasury sells such currencies to Government agencies).
3,678,345
523,829
15,030,876
4/
'2J
6/
7/
8/
2/
9,634,087
3,678,345
Certificates of interest in the amount of $256 million, issued against
certain of these loans, were outstanding as of September 30, 1963.
This Agency submits financial statements annually as of June 30, pursuant to Supplement No. 1 to Department Circular No. 966, A complete
balance sheet as of September 30, 1963, was not submitted, but the
outstanding loans of this Agency were reported to Treasury and are
shown on this line.
As of June 30, 1963, the latest available.
Public enterprise revolving fund.
Certain other activity.
Participation certificates in the amount of $520 million, issued against
certain of these loans, were outstanding as of September 30, 1963.
Treasury Bulletin
138
.CORPORATIONS AMD CERTAIN OTHER BOSINESS-TTPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans
Part A.- Classified by Types of Loans
(in millions of dollars)
To aid agriculture
End of
period
Total
Total
to aid
agriculture
V
Agricultural
credit
corporations
To aid home owners
Crop, livestock, and
Cooperative
associations
commodity
loans 2/
Farm
mortgage
loans
Total
to aid
home
owners
Other
Mortgage
loans
Other
Jiscal years:
1950
1951
1952
1953
195i
1955
1956
1957
1958
1959
I960
1961
1962
1963
Calendar years:
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
Current quarters;
1962-Maroh
September
1963-March
September
31
30
31
30
12,771.7
13,689.4
16,066.0
17,863.4
18,743.8
19,420.5
20,547.5
21,812.9
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
3,773.3
3,674.7
4,058.2
4,996.6
6,389.1
6,361.7
6,789.6
6,827.5
6,913.4
8,489.7
7,797.5
8,428.3
9,793.0
10,872.8
573.7
751.7
865.8
823.9
774.0
844.6
894.4
996.5
1,227.0
1,547.4
1,697.8
1,832.2
1,998.6
2,293.5
1,659.0
1,958.8
2,174.3
2,333.3
2,467.9
2,604.4
2,774.4
2,979.3
3,191.6
3,509.3
3,748.2
3,974.4
4,231.0
4,413.8
13,413.2
14,595.1
17,966.7
20,086.0
19,575.5
20,506.3
21,091.5
22,755.6
25,851.1
507.1
629.1
671.3
589.8
28,277.7
31,122.6
34,849.2
37,728.2
3,884.1
4,161.3
5,070.3
6,810.5
6,929.2
6,715.4
6,785.4
6,681.1
8,684.9
7,762.5
8,299.5
9,453.1
10,376.5
635.6
686.5
733.6
928.8
1,160.5
1,396.4
1,502.0
1,651.2
1,841.9
1,892.5
2,171.5
2,341.1
2,468.6
2,589.6
2,721.7
2,954.1
3,152.0
3,394.2
3,715.4
3,948.3
4,168.0
4,350.7
952.4
812.8
1,453.8
3,116.2
3,026.2
2,669.7
2,441.6
1,840.7
3,333.9
1,752.8
1,871.3
2,486.2
2,816.9
566.7
597.6
628.7
596.4
289.8
357.5
399.5
484.3
530.4
608.5
768.2
35,854.9
36,043.4
10,253.9
9,422.7
1,765.5
2,015.1
4,231.3
4,267.8
2,985.9
1,772.6
37,867.8
38,067.4
11,440.8
10,131.8
2,006.5
2,322.7
4,436.7
4,495.6
3,514.9
1,731.2
To aid industry
End of
period
Total
to aid
industry
Fiscal years:
1950
628.0
1952
1953
1954
1955
1956
1957
1958
1959
1960
903.0
32.1
6I4.6
426.7
438.5
626.9
639.6
654.2
716.8
753.6
727.7
1961
1962
1963
-
876.1
113.0
104.7
85.2
78.6
11.9
12.7
12.7
12.3
8.0
7.5
7.2
6.7
32.8
603.1
549.4
1951
Loans to
railroads
1,003.1
408.6
437.7
1,216.5
2,460.5
2,234.0
2,452.9
2,089
1,688
2,526
1,360
1,532
2,272
2,623
703.8
1,290.7
1,809.1
2,387.3
2,914.1
2,814.2
3,094.6 2/
3,302.7
4,276.0
4,473.5
5,641.6
7,247.0
7,371.9
7,874.2
6,685.8
508.8
23.4
528.1
517.1
30.
37,
38,
598.8
141.6
603.3
930.0
906.8
204.4
771.4
768.6
860.3
735.1
032.2
248.3
244.8
,525.2
,141.4
,603.2
,929.9
,906.6
,204.1 2/
,683.1
,642.0
,671.8
,462.1
,679.1
,807.9
,814.9
636.1
726.2
635.1
641.1
8,456.9
8,265.2
7,993.7
7,810.5
463.2
454.7
797.6
891.9
685.0
690.4
7,818.2
6,892.8
7,407.0
6,522.3
411.1
370.6
530.1
549.6
588.8
647.2
634.1
275.3
314.2
359.2
454.0
504.5
558.5
661.6
838.0
21.6
25.5
30.9
34.2
39.5
44.6
392.5
U8.2
447.3
452.0
486.1
530.9
629.1
49,
41,
366,
401,
396,
413,
447,
539,
To aid financial institutions
Ship
mortgage
Other
loans
6/
7/
221.0
218.6
191.0
173.8
155.2
136.8
120.7
120.6
Total to
aid financial
institutions
515.0
498.4
464.2
535.9
414.7
425.8
393.2
408.6
455.2
535.5
591.3
584.2
722.5
750.2
453.6
824.5
653.0
718.5
677.9
1,019.2
1,180.6
1,086.6
933.7
1,538.9
1,801.5
1,915.6
2,768.2
3,270.8
458.1
488.5
515.7
508.8
Insurance
companies
2.6
.1
.1
2.8
2.2
7.2
7.2
4.2
13.6
13.7
5.1
4.5
3.7
3.4
1.8
Mortgage
loan
437.4
810.7
647.9
713.9
671.4
1,013.5
1,173.4
1,079.4
929.5
1,537.1
1,769.8
31.7
1,869.4
2,767.1
3,269.8
46.1
1.1
1.0
25.0
1,315.7
1,809.4
2,387.4
2,914.2
2,814.4
3,094.8
3,377.7
4,380.5
4,628.2
5,872.7
7,563.6
7,763.2
8,340.6
7,050.3
515.9
To aid
education
1.2
1.1
1.8
15.6
50.3
81.7
113.2
209.8
374.9
585.7
830.4
1,088.8
1,393.5
1,771.4
To aid
States,
Territories,
etc.
422.9
560.9
732.5
732.7
332.3
255.2
226.8
243.0
270.9
310.0
348.9
402.8
528.1
591.4
Foreign
loans
4/
.3
.1
.1
.1
.2
74.9 2/
104.5
154.7
231.1
316.6
391.3
466.4
364.5
88
126
188
273
353
2/
UO
429
Other
loans
1/
6,116.3
6,151.1
7,617.0
7,798.4
7,964.8
8,032.4
8,171.6
8,300.2
9,046.2
9,924.7
10,266.8
10,991.2
12,196.3
13,339.6
60.7
64.6
66.5
72.9
88.4
136.9
61.1
125.7
71.9
72.3
205.9
209.5
259.1
342.6
Calendar years
1950
568.0
1951
589.1
1952
1953
1954
1955
1956
1957
1958
1959
1960
597.6
587.8
431.3
678.3
619.3
673.9
679.9
732.8
748.0
797.9
917.8
109.9
100.7
81.9
79.0
11.5
11.2
12.5
10.3
7.8
7.4
7.0
32.7
32.3
260.7
219.3
216.8
186.6
165.7
151.4
128.2
114.7
419.8
406.5
387.5
446.9
485.5
559.7
589.6
637.0
770.8
824.3
8I4.2
864.5
951.8
869.8
1,419.0
1,235.5
1,272.3
1,300.6
2,136.1
2,027.3
2,708.3
3,480.0
846.3
892.0
32.6
32.5
123.9
117.3
689.9
742.2
2,197.2
3,047.3
46.1
879.8
906.8
32.3
31.7
122.9
116.9
724.7
758.2
2,514.6
4,025.2
1961
1962
Current quarters;
1962-March
31.
September 30
1963-March
September
31.
30.
Footnotes on page I4I
6/
7/
67.6
72.0
69.5
204.2
230.8
319.4
565.2
12,092.1
12,073.7
236.9
255.7
643.6
643.6
12,549.5
13,258.4
321.3
345.9
468.0
712.3
1,020.2
644.6
271.7
91.6
2U.9
147.3
274.4
450.4
682.8
958.6
1,233.9
1,599.2
246.0
264.0
293.4
318.8
2,151.1
3,046.3
1,303.8
1,521.6
467.8
1.0
1.0
1.0
2,513.6
4,024.2
1,700.1
1,862.8
2.3
3.5
7.3
7.2
2.3
1.8
46.5
46.1
1
3.1
1.2
1.1
61.6
6,077.8
6,110.3
7,736.2
8,042.6
8,000.5
7,988.3
8,223.5
8,753.7
9,509.7
9,840.0
10,483.6
11,753.9
12,159.7
6.3
29.7
65.6
810.2
800.7
859.6
947.2
863.8
1,412.4
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,662.2
3,479.0
14.0
13.4
4.9
4.5
3.7
369.1
423.1
630.7
65.1
68.4
89.0
100.4
I64.4
63.1
=
February
1964
139
.
COKPORATIONS AKD CERTAIN OTHER BUSINESS-TYPE ACTIVITIES.
Section I - Statements of Financial Condition
Table 8.- Loans Outstanding by Periods for All Business-Type Activities
Excluding Interagency Loans but Including Foreign Currency Loans - (Continued)
Part B.- Classified by Agencies
(In millions of dollars)
Commerce Interior
Dept.
Dept.
Agriculture Department
Total
End of period
Fiscal years:
1950
1951
1952
1953
195i
1955
1956
1957
1958
1959
I960
1961
1962
1963
Agency
for
International
Development 8/
1/
12,771.7 16/
13,689.4
16,066.0
17,863.4
18,743.8
19,420.5
20,547.5
21,812.8
22,893.4
27,510.7
29,568.3
31,527.1
36,154.9
38,141.8
Development
loan
fund 2/
Farmers
Home
Administration
10/
Rural
Electrification
Administration
922.7
354.0
389.7
1,162.6
2,367.9
2,137.4
2,319.0
1,994.3
1,600.0
2,480.3
1,347.0
1,522.8
2,254.9
2,601.8
555.8
564.7
593.5
645.4
753.9
769.6
810.6
866.5
902.7
962.6
1,013.1
1,110.6
1,322.0
1,582.4
1,412.7
1,644.2
1,831.2
2,013.8
2,164.0
2,285.6
2,413.2
2,585.8
2,773.6
2,973.5
3,186.5
3,367.4
3,524.6
3,693.7
897.8
782.3
1,426.4
3,075.9
2,980.9
2,620.8
2,348.9
1,778.1
3,298.4
1,745.0
1,876.6
2,506.5
2,835.2
535
538
596
648
700
681
841.8
915.9
983.9
,139.9
,363.5
1,543.0
1,742.1
1,919.7
2,096.0
2,225.8
2,348.0
2,488.2
2,687.6
2,874.4
3,082.7
3,287.3
3,458.4
3,600.3
2,980.6
1,765.2
3,502.0
1,716.6
1,289.4
1,388.9
1,512.2
1,617.4
3,489.5
3,562.8
3,658.7
3,738.1
1,457
1,529
1,543
Commodity
Credit
Corporation
1,691
1,885
2,111
2,436
2,894
3,263.1
3,655.5
5,027.1
6,123.0
1.5
67.0
262.1
513.5
ExpanMaritime
sion of
actividefense
ties
prod.
6/
6/
6/
2/
Treasury Department
RFC (in
liquidation)
Expansion of
defense
IV
prod.
Ul
7.0
10.1
276.1
270.4
235.0
208.0
179.1
152.3
130.2
126.2
Other
12/
Housing
Finance
General
Services Office
Adminis- of the
tration Adminis12/
trator
11.9
14.5
16.9
18.8
14.6
14.3
13.3
12.3
10.9
202.1
116.6
70.4
151.2
170.9
185.4
180.2
181.7
169.4
162.9
121.6
121.3
53.0
3,780.1
3,779.6
3,742.3
3,695.9
3,651.1
3,601.0
3,555.2
3,509.5
3,522.5
3,470.5
3,406.2
3,369.4
3,348.7
3,323.5
89.1
87.1
86.8
86.5
85.6
84.5
83.4
82.3
81.1
79.9
162.7
165.9
173.7
154.8
and Home
Agency
Federal
Housing
Administration
w
.1
32.6
43.3
59.2
99.3
229.4
308.2
456.7
477.2
679.5
905.4
1,116.8
1,433.1
1,755.8
20.1
23.2
32.5
37.4
43.9
56.6
166.7
202.2
291.8
348.7
Calendar years:
1950.
1951.
1952.
1953.
1954.
1955.
1956.
1957.
1958.
1959.
I960.
1961.
1962.
I
Current quarters;
1962-Mar.
JT.
Sept.
30.
1963-Mar.
31.
Sept.
30.
End of period
Fiscal years:
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
1963
Calendar years;
1950
13,413.2 16/
14,595.1
17,966.7
4/
4/
20,086.0
19,575.5
20,506.3
21,091.5
22,755.6
25,851.1
28,277.7
31,122.6
34,849.2
37,728.2
1,514.3
1,536.8
1,623.9
1,766.8
1,994.6
2,194.8
2,682.3
3,042.6
3,381.9
4,433.1
5,222.5
35,854.9
36,043.4
37,867.8
38,067.4
4,686.5
4,930.9
5,586.6
6,266.4
5.9
159.3
378.8
757.6
832.1
1,055.6
1,578.9
2,068.1
2,497.8
2,301.2
2,584.5
2,495.6
2,356.5
2,218.5
2,030.4
1,726.5
1,587.1
1,416.6
1,270.6
320.7
464.1
623.7
634.9
252.2
99.5
9.1
233.4
1,248.1
1,393.6
1,573.8
2,600.5
2,522.3
2,871.3
2,138.1
.4
24.6
I64.2
1,211.1
1,690.1
1,828.8
1,907.6
1,612.2
90.1
94.2
91.3
89.1
93.1
59
132
207
298
370
433
521
694
824
93.8
1,054.9
1,228.7
1,343.2
1,275.4
112.7
164.0
257.1
328.6
412.8
463.8
640.4
745.6
893.8
1,146.7
1,309.3
;1 ,379.9
97.5
97.1
6.9
17.2
28.3
39.5
50.8
60.5
78.3
106.8
156.8
231.8
315.6
388.5
46I.O
354.5
11.0
22.7
33.7
44.2
55.6
68.2
91.2
129.2
190.0
272.8
351.3
436.5
85.7
648.7
1,635.8
1,380.7
2,049.8
2,903.0
2,871.9
2,846.6
5.6
72.2
418.6
1,568.4
1,779.1
1,881.2
1,889.8
369.3
609.3
922.4
544.5
113.2
92.9
106.0
105.4
95.9
87.4
99.3
95.4
151.6
Current quarters;
1962-Mar.
JT7,
Sept. 30..
1,467.6
1,375.1
3,022.5
2,847.8
1,904.1
1,385.2
102.7
121.2
1,342
1,360.3
458.7
1963-Mar.
31.,
Sept. 30.,
1,305.1
1,202.8
2,528.3
2,091.4
1,816.2
1,555.9
165.
1,384.8
4D2.4
130.0
1,261
359.1
1952
1953
1954
1955
1956
1957
1958
1959
I960
1961
1962
6/
7/
260.7
276.5
265.4
226.3
195.2
171.3
141.3
Footnotes on page I4I
.1
.4
13.1
22.3
30.3
36.5
32.4
28.4
24.4
15.1
.2
7.9
19.8
23.5
38.2
34.4
30.4
26.4
22.3
8.0
422.1
448.1
5.2
5.1
8.9
11.0
13.2
15.8
209.1
143.2
89.4
18
14
14
13
12
123.1
11
134.9
126.0
129.7
123.2
12.5
11.9
11.3
10.3
Housing and Home Finance Agency-(Cont .) Veterans'
Export-Import Bank
Administration
of Washington
Federal National
Public
Mortgage Association 17/
Housing
ExpanLoan
Direct
Managesion of
guaranty
SecSpecial AdminisOther
loan
ment and
revolving defense
ondary
assist- tration
program
liqui18/
prod.
fund 12/
market
ance
dating
1,346.7
1,849.6
2,241.8
2,461.7
2,461.9
2,555.7
2,417.8
2,289.9
2,124.3
1,949.5
1,659.5
1,507.9
1,339.8
1951
6/
^,
146.8
162.6
185.8
178.6
177.5
176.3
164.9
161.7
126.5
112.0
124.9
118.2
54.9
52.1
3,779.6
3,779.6
3,697.0
3,651.6
3,604.2
3,552.9
3,507.1
3,557.5
3,469.9
3,406.3
3,353.3
3,318.8
3,308.3
3,338.5
3,351.3
3,311.2
3,316.1
Farm Credit Administration
Banks
for
cooperatives
2,233.3
2,321.6
2,388.9
2,547.0
2,761.8
2,773.6
2,681.5
2,630.2
3,061.3
3,486.6
3,268.0
3,414.9
3,712.2
3,815.6
245.1
312.1
343.1
324.3
309.2
321.7
349.1
384.3
410.0
525.9
553.1
596.7
2,226.5
2,296.0
2,496.1
2,833.3
2,806.2
2,702.2
2,663.1
3,005.6
3,332.1
3,231.3
3,290.5
3,893.8
3,580.7
345.5
424.8
424.0
377.3
366.7
3,936.8
3,690.3
3,592.6
3,598.6
Federal
Farm
Mortgage
Corporation 20/
52.9
39.7
29.3
21.6
15.9
11.6
Federal
intermediate
credit
banks
574.2
754.1
87.2
26.1
87.1
40.5
42.2
78.2
192.2
264.3
352.4
356.7
86.7
85.9
84.9
83.8
82.6
81.5
80.3
79.1
163.1
165.5
162.2
163.4
166.0
150.5
150.8
570.1
835.1
1,007.7
1,243.3
1,625.4
183.3
236.2
321.3
1,304.6
1,527
1,688.9
256.3
301.5
338.6
357.0
1,831.
Fed. Home
Loan Bank ReconstrucBoard
tion
Finance
Fed. home
Corp.
loan
11/21/
banks
442.8
816.2
652.7
718.3
945.9
809.6
716.2
775.9
379.6
20.2
29.5
35.0
40.5
48.3
67.4
Small
Business Other
Admin22/
istration
29.4
31.2
41.1
35.1
40.1
865.7
823.8
773.9
846.6
897.7
996.5
1,227.0
1,547.4
1,697.8
1,830.9
1,998.1
2,292.7
675.1
1,016.9
1,173.4
1,079.4
929.5
1,537.1
1,769.8
1,869.4
2,767.1
3,269.8
510.2
633.0
673.3
590.2
637.7
689.4
733.6
928.8
1,159.0
1,395.9
1,501.7
1,651.2
1,840.9
816.0
805.9
864.2
951.6
867.5
1,416.8
1,228.2
1,265.2
1,298.3
2,134.3
1,980.8
2,662.2
3,479.0
728.7
696.7
1,765.5
2,009.1
2,151.1
3,046.3
663.9
591.3
649.2
761.4
737.0
2,006.5
2,322.7
2,513.6
4,024.2
705.0
728.5
742.4
876.2
3.9
2.2
693.4
702.2
375.1
457.1
45.5
34.0
24.9
18.4
13.4
11.6
454.5
511.3
622.9
650.1
697.1
736.5
2.2
2.2
34.9
85.1
154.8
245.5
346.6
393.7
466.0
644.7
726.2
816.0
771.1
762.8
589.5
26.8
54.1
115.6
202.9
292.8
370.8
427.5
539.5
695.9
597.1
28.6
31.8
35.1
38.3
78.4
307.6
367.7
602.6
816.8
27.7
36.2
36.4
41.6
34.6
30.3
30.9
42.0
31.9
34.0
346.2
513.1
679.7
Treasury Bulletin
140
,
CORPORATIONS AND CERTAIN OTHEE BUSINESS-TYPE ACTIVITIES.
Footnotes to Table
V
ment programs, principally the Agricultural Trade Development and
Assistance Act of 1954i as amended, and the Mutual Security Acts, as
Dollar equivalents are computed for reporting purposes, to
amended.
provide a common denominator for the currencies of the many countries
involved. Foreign currencies on hand and on deposit and loans under
section lOA (e) of the Agricultural Trade Development and Assistance
Act of 195A, as amended, are stated at the rates as of September 30,
1963, at which the United States could purchase currencies on the market for regular operating purposes. Other loans are stated at the
rates at which they are to be repaid or at rates in effect when the
loans were extended. Currencies that are dollar denominated or guaranteed as to rate of exchange are stated at rates specified in the
*
Less than $500.
agreements.
These amounts consist in the main of unexpended balances of general,
special, and revolving fund accounts against which checks may be
The funds are condrawn to pay proper charges under these funds
sidered as assets of the agencies, but are not assets of the United
States Government since funds must be provided out of cash balances
of the Treasurer of the United States and future receipts to take
care of checks to be issued against the balances.
Includes foreign currency assets, representing loans and other
receivables recoverable in foreign currency as well as balances of
foreign currencies in United States depositaries, aggregating $^,681
million in dollar equivalent. These currencies, acquired primarily
without the payment of dollars, were generated under various Govern,
?y
1
Footnotes to Table 2
i
4/
6/
Includes operating and administrative expenses funds.
See Table 1 , footnote 1
Certificates of interest in the amount of $256 million, Issued against
certain of these loans, were outstanding as of September 30, 1963.
These certificates of interest are included in "Other liabilities."
Foreign currency assets are included throughout the table (see Table
footnote 2)
1 ,
Represents transfers of principal and interest to miscellaneous
receipts of the United States Treasury,
Certain corporations and other business-type activities that have submitted statements of financial condition guarantee and insure loans
made by private financial institutions and insure deposits in banks
and savings and loan associations. These commitments are excluded
from their balance sheets. The major agencies that have these items
and the amounts thereof are as follows:
Activity
7/
,
8/
2/
10/
11/
12/
(In millions
of dollars)
Agriculture Department:
Farmers' Home Administration:
Agricultural credit insurance fund
Commerce Department:
Federal ship mortgage insurance fund
Housing and Home Finance Agency:
Office of the Administrator:
Urban renewal fund (June 30, 1963)
Federal Housing Administration
Public Housing Administration:
Local housing authority bonds and notes
Local housing authority temporary notes
Veterans Administration:
Loan guaranty revolving fund (June 30, 1963)
Federal Deposit Insurance Corporation (June 30, 1963).
Federal Home Loan Bank Board:
Federal Savings and Loan Insurance Corporation (June
13/
i79
U2
14/
15/
16/
1,038
A2,122
17/
3,509
904
18/
'
16,220
183,573
19/
20/
82,342
30, 1963)
Interstate Commerce Commission (June 30, 1963)
Small Business Administration:
Revolving fund (June 30, 1963)
Defense production guaranties (various agencies) (June
30, 1963
161
The act approved July 19, 1963 (77 Stat. 81) repealed the Inland Water
The loans of this Corporation
ways Corporation Act (43 Stat. 360 )
are now being liquidated by the Secretary of Commerce and are shown ir
Table 4.
Included beginning September 30, 1963.
Represents the fund known as "Advances to employment security administration account, unemployment trust fund."
Figures are as of October 11, 1963. Assets and liabilities of this
fund exclude resources on order of $222 million as reported by the
Post Office Department,
Valued at cost, estimated if not known. Land includes sites held for
resale to prospective lessors for which $18 million has been paid or
obligated.
(1) undetermined amounts of postage in
Liabilities do not include:
the hands of the public which have been accounted for as revenue when
sold, and (2) the following types of contingent and future obligation:
contingent liabilities for cases pending before the Civil Aeronautics
Board and for pending suits and damage claims, and commitments under
long-term leases.
Represents purchase money mortgages formerly classified as other
assets (see footnote 1 at end of Table 7),
Represents unrealized purchase discounts,
Includes reserves and unrealized equity in the assets of the Defense
Homes Corporation which are being liquidated by the Association.
Interest on this amount is being paid by the direct loans to veterans
and reserves fund.
Participation certificates amounting to $520 million, issued against
certain of these loans, were outstanding as of September 30, 1963.
These participation certificates are included in "Other liabilities."
Represents accrued Interest expense on borrowings from the United
States Treasury Department on which payment has been deferred.
Includes primary and secondary reserves of $899 million. The secondary reserve is available for losses only if the primary reserve is
insufficient.
Consists of net income from power operations of $625 million and net
expense of nonrevenue-producing programs of $267 million,
Less than $500,
»
31
103
Footnotes to Table 3
V
2/
2/
See Table 1
footnote 1
Excludes capital property such as land, structures, and equipment as
follows:
Office of the Secretary, $4 million; Air Force, $1,353 million; Army, $1,577 million; and Navy, $3,034 million.
Represents prepayments for orders made by other Government agencies
to this fund.
,
4/
»
Consists mainly of capital representing appropriations, reappropriations, capitalization of assets, and accumulated net income or defici
Figures for each of these accounts were not shown separately on the
report submitted by this fund.
Less than $500.
Footnotes to Table 4
2/
2/
4/
6/
2/
8/
Represents the Cooley loan program established pursuant to the Agricultural Trade Development and Assistance Act of 1954) as amended
(7 U.S.C. 1704 (e)).
Represents rural housing and other loans, and salaries and expenses.
Included beginning September 30, 1963 (see Table 2, footnote 7).
See Table 1
footnote 1
Represents amounts due from other appropriations to cover undisbursed
loan agreements financed out of grant appropriations.
Includes assets in use, vessels and other assets held primarily for
mobilization, and vessels under construction and held for scrapping.
Represents depreciation on assets in use and on mobilization assets,
and allowance for losses on vessels held for scrapping.
Foreign currency assets are included throughout the table (see Table
footnote 1
1
These amounts reflect changes in treatment accorded collections of
interest as deposits to general and special accounts instead of being
netted against accumulated net income or deficit.
Represents receivables of the Air Force, Army, and Navy Departments.
Represents interest on invested capital.
,
,
2/
10/
12/
12/
lA/
1^
16/
)
12/
18/
Includes the United States Study Commission - Texas which has been
transferred to the Treasury Department for liquidation.
Represents assets and liabilities of the General Services Administration exclusive of trust and revolving funds and strategic and
critical materials.
Figures are as of June 30, 1963, the latest available.
Includes stock of the International Bank for Reconstruction and
Development amounting to $635 million; and subscriptions to the
International Monetary Fund, the International Finance Corporation,
the Inter-American Development Bank, and the International Development Association amounting to $4,125 million, $35 million, $250 million, and $197 million, respectively.
Includes $200 million due under the agreement with Germany dated
February 17, 1953, $458 million due under the agreement with Japan
dated January 9, 1962, and lend-lease and surplus property balances
due the United States in the principal amount of $1,372 million.
Includes loan to the United Kingdom amounting to $3,205 million outstanding.
*
Less than $500,
See Table 2, footnote 6.
February
Ul
1964
.
COKPORATIONS AMD CERTAEN OTHER BUSINESS-TYPE ACTIVITIES.
Footnotes to Table 8
'
'
Table 8 relates to all loan programs of Goverranent agencies. It includes not only the United States dollar and foreign currency loans
summarized separately in Table 7, but also the loans made, all in
United States dollars, by deposit funds (Table 5) and trust revolving
funds (Table 6). Pursuant to an amendment issued June 23, 1960, to
Department Circular No. 966, Table 8 now includes purchase money mortgages, mortgages purchased from insured lending institutions to prevent
default, and similar long-term paper (see footnote 1 at end of Table 7),
Includes guaranteed loans held by lending agencies
The major portion of the loans of the Veterans' Administration loan
guaranty revolving fund is included under "Mortgage loans" through 1955
and under "Other" to aid home owners thereafter (see footnote 19).
figures representing loans made by the Agency for International Development (formerly International Cooperation Administration) prior to
1952 are not available at this time.
Includes guaranteed loans held by lending agencies at the end of
certain periods, and the loan to the United Kingdom.
Reports on maritime activities were not received by the United States
Treasury Department during the period from March 31, 1947, through
March 31, 1953. Reorganization Plan No. 21, effective May 24, 1950,
abolished the United States Maritime Commission and transferred its
functions into the Department of Commerce.
Reports have been received from the Commerce Department on maritime
activities for the fiscal year 1953 and thereafter, but no loans were
reported prior to December 31, 1955. Beginning with that date, certain mortgage notes are classified as mortgage loans.
This Agency was established in the Department of State, and the International Cooperation Administration and the development loan fund were
abolished on November 3, 1961, pursuant to the act approved September
A, 1961 (75 Stat 445), and Executive Order No. 10973 dated November 3,
1961. Loans of the abolished agencies were transferred to this Agency
and a new fund for development loans was established. Data for
earlier periods are for predecessor agencies.
This fund was abolished on November 3, 1961 (see footnote 8).
Consists of the emergency credit revolving fund, the agricultural
credit insurance fund (formerly the disaster loans, etc., revolving
fund and the farm tenant mortgage insurance fund, respectively) ; the
farm housing and other loan programs; the State rural rehabilitation
funds beginning June 30, 1956j and the direct loan account beginning
December 31, 1961. Prior to June 30, 1956, and December 31, 1961,
loans of the agricultural credit insurance fund and the direct loan
account, respectively, were included in the statements of financial
condition of the nonrevolving fund loan programs
On September 29, 1953, pursuant to the act approved July 30, 1953 (15
U.S.C. 609), the Reconstruction Finance Corporation started liquidation of its activities, except those carried on by the Corporation
pursuant to Section 409 of the Ifederal Civil Defense Act of 1950 (50
App. U.S.C. 2261) and expansion of defense production activities carried on pursuant to the Defense Production Act of 1950, as amended
(50 App. U.S.C. 2091-2094), which had been transferred to the Secretary of the Treasury as of September 28, 1953, and as of the close of
business on September 28, 1953, respectively. Effective at the close
of business June 30, 1954, pursuant to Reorganization Plan No. 2 of
1954, certain functions and related assets of the Corporation were
transferred to the Export-Import Bank of Washington, the Federal
National Mortgage Association, and the Small Business Administration.
On July 1, 1954, the remaining activities of the Corporation were
transferred to the Secretary of the Treasury to complete their liqiiidation, pursuant to the act of July 30, 1953, as amended June 29, 1954.
The Corporation was abolished effective at the close of business June
30, 1957, by Reorganization Plan No. 1, of 1957, and the remaining functions of the Corporation were transferred to the Housing and Home
Finance Administrator, Administrator of General Services, Administrator
of the Small Business Administration, and the Secretary of the Treasury.
Consists of the loan to the United Kingdom and other miscellaneous
loans, Ftederal civil defense loans beginning December 31, 1953, loans
of the Reconstruction Finance Corporation liquidation fund beginning
December 31, 1957 (see footnote 11), and loans of the Federal Farm
Mortgage Corporation liquidation fund beginning December 31, 1961 (see
footnote 20)
Figures through December 31, 1959, consist of loans of the Public Works
Administration (in liquidation). Figures beginning June 30, I960,
include also: loans of Federal Facilities Corporation (this Corporation was dissolved September 30, 1961, pursuant to the act of August 30, 1961 (75 Stat. 419), and the loans are being liquidated by the
Administrator of General Services) the Reconstruction Finance
Corporation liquidation fund, surplus property credit sales (see footnote 1 at end of Table 7) , and loans acquired pursuant to the Defense
,
Production Act of 1950, as amended (50 App. U.S.C. 2091) through
I960.
December 31
Figure for June 30, 1950, consists of Alaska housing loans. Subsequent figures Include also: beginning December 31, 1950, loans for
community facilities service (previously included under Public Works
Administration) , prefabricated housing loans (transferred from the
Reconstruction Finance Corporation) and urban renewal loans authorized by the Housing Act of 1949, as amended (42 U.S.C. 1452 (a));
beginhing December 31, 1951, college housing loans authorized by the
,
lA/
Housing Act of 1950, as amended (12 U.S.C. 1749); beginning December
31, 1954, loans held by the revolving fund established pursuant to
the act approved June 24, 1954 (68 Stat. 295) for liquidation of not
only Alaska housing, community facilities service and prefabricated
housing loans already included but also loans under the fkrm Security
Administration program, the public war housing program, and the
veterans' re-use housing program, all three of which previously were
handled by the Public Housing Administration; as of December 31,
1955, public works planning loans authorized by the Housing Act of
1954 approved August 2, 1954 (40 U.S.C. 462); beginning December 31,
1956, public facility loans authorized by the Housing Amendments of
1955 approved August 11, 1955 (42 U.S.C. 1491); as of December 31,
1956, June 30, 1957, and from June 30, I960, through September 30,
1963, community disposal operations loans authorized by the Atomic
Energy Community Act of 1955 approved August 4, 1955 (42 U.S.C. 2301
note) and Executive Order No. 10657 of February 14, 1956; and beginning September 30, 1961, loans for housing for the elderly authorized
by the Housing Act of 1959, as amended (12 U.S.C. 1701q)
15/ From June 30, 1956, through March 31, I960, the mortgage notes and
sales contracts which had previously been classified as loans were
classified as other assets and were not included in this table.
These mortgage notes and sales contracts have now been reclassified
as loans, and beginning June 30, 1960, are included in this table
(see footnote 1 at end of Table 7).
16/ Totals include loans of Home Owners' Loan Corporation amounting to
$84.2 million as of June 30, 1950, and $9.6 million as of December 31,
1950.
The Federal National Mortgage Association Charter Act approved August
2, 1954 (12 U.S.C. 1716), authorized the Association to carry on
three functions consisting of management and liquidating functions,
secondary market operations, and special assistance functions. Its
1954.
activities un(Jer theSe three functions began on November 1
18/ All figures in this column include the loans of the low-rent public
Act
Housing
United
States
the
known
as
(formerly
housing program fund
program)
Also included are the homes conversion program as of June
30, 1950, the Farm Security Administration and public war housing
programs from June 30, 1950, through June 30, 1954, and the veterans'
re-use housing program from June 30, 1953, through Jiuie 30, 1954 (see
footnote 14)
19/ The Veterans' Administration loan guaranty program was converted to
a revolving fund effective July 1, 1961, pursuant to the act approved
July 14, 1960 (74 Stat. 533).
20/ From June 30, 1956, through March 31, 1960, notes receivable which
had previously been classified as loans were classified as other
assets and were not included in this table. These notes have now
been reclassified as loans, and from June 30, I960, through June
30, 1961, were included in this column. On October 4, 1961, this
Corporation was abolished pursuant to the act approved October 4,
1961 (75 Stat. 773), and its remaining assets were transferred to the
Secretary of the Treasury for liquidation.
21/ Figures include loans for expansion of defense production from June
30, 1951, through June 30, 1953, and Federal civil defense loans as of
June 30, 1953 (see footnote 11).
22/ The major portion of the loans is held by: the Inland Waterways
Corporation; Department of the Interior - Puerto Rico Reconstruction
Administration through December 31, 1954, fisheries loan fund beginning June 30, 1957, Indian loans, and Alaska public works loans
beginning June 30, 1960; Department of the Army - guaranteed loans
(World War II) through December 31, 1957; Office of Education - loans
to students and educational institutions as of June 30, 1959, and
from June 30, 1960, through September 30, 1963; Federal Savings and
Loan Insurance Corporation and Defense Department (military assistance
credit sales) beginning June 30, I960; and agencies reporting loans
pursuant to the Defense Production Act of 1950, as amended (50 App.
U.S.C. 2091), which consist of the Departments of the Army beginning
June 30, 1951, Navy beginning December 31, 1951, and Air Force beginning June 30, 1956, and the General Services Administration as of
December 31, 1959.
* Less than $50,000.
17/
,
.
I
Treasury Bulletin
U2
.CUMDLATIVE TABLE OF CONTENTS.
March
1963 through February
1964
Issue and page number
1964
1963
Apr,
May
Reporting bases
Articles
Treasury financing operations
June
July
II
II
Aug.
Sept.
II
II
Dec.
Jan.
;
Summary of Federal fiscal operations
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
A-1
1
1
1
1
1
1
1
1
1
1
1
11
11
10
10
12
12
10
10
10
9
9
11
11
11
11
12
13
11
13
11
11
10
10
U
12
14
12
12
11
11
12
13
12
13
15
14
13
15
13
13
12
12
14
14
16
15
14
16
14
13
13
15
15
16
17
18
14
15
16
16
17
13
19
19
Administrative budget receipts and eigjenditures:
Receipts by principal sources
Detail of miscellaneous receipts by major categories
Chart - Internal revenue receipts by principal sources
Expenditures by agencies
Interfund transactions excluded from both net budget receipts
and budget expenditures
Summary of appropriations and authorizations, expenditures, and
balances, by agencies
Expenditures and balances by functions
Expenditures by functions
Detail of excise tax receipts
Summary of internal revenue receipts by States, calendar year 1962.
Trust and other transactions
Summary of trust and other transactions
Trust receipts
Trust, deposit fund, and Government-sponsored enterprise
expenditures
Investments in public debt and agency secxirities (net)
Sales and redemptions of Government agency securities in
market ( net
Interfund transactions excluded from both net trust account
receipts and net trust account expend! tiires
Federal Old-age and Survivors Insurance Trust Fund
Federal Disability Insurance Trust Fund
Railroad Retirement Account
Unemployment Trust Fund
National Service Life Insurance Fund
Investments of specified trust accounts in public debt securities,
by issues (latest date December 31, 1963)
:
13
)
15
16
Consolidated cash transactions (formerly cash income and outgo)
Summary of Federal Government cash transactions with the public...
Derivation of Federal receipts from the public, and reconciliation
to cash deposits in Treasurer's account
Derivation of Federal payments to the public, and reconciliation
to cash withdrawals from Treasiirer' s account
Derivation of Federal net cash debt transactions with the public,
and reconciliation to transactions through Treasurer's account....
Intragovernmental and other noncash transactions
Accrued interest and other noncash transactions
10
14
15
15
16
17
18
;
Account of the Treasurer of the United States;
Status of the Account of the Treasurer of the United States
Analysis of changes in tax and loan account balances
Summary of cash transactions through the Account of the Treasurer
of the United States
Debt outstanding :
Summary of Federal securities
Computed interest charge and rate on Federal securities
Interest-bearing public debt
Average length and maturity distribution of marketable
interest-bearing public debt
Special public debt issues to U. S. Government investment accounts
Treasury holdings of securities issued by Government agencies
Interest-bearing securities issued by Federal agencies but not
guaranteed by the U. S. Government
Statutory debt limitation
Public debt operations;
Maturity schedule of interest-bearing public marketable securities
other than regular weekly Treasury bills
Offerings of Treasury bills
New money financing thi-ough regular weekly Treasury bills
Offerings of public marketable securities other than regular
weekly Treasury bills
Securities issued in advance refunding operations
Allotments by investor classes on subscriptions for public
marketable securities other than regular weekly Treasury bills...
Deposition of matured public marketable securities other than
regular weekly Treasury bills
Foreign series securities (nonmarketable) issued to official
institutions of foreign countries
Foreign currency series securities (nonmarketable) issued to
official institutions of foreign countries
,
17
16
20
17
15
20
14
19
16
16
18
17
21
18
16
21
15
20
17
17
18
19
18
22
19
17
22
16
21
18
22
20
21
21
19
20
25
23
24
22
20
2lJ
22
23
19
20
19l
19
19
17
18
21
18
25
23
24
24
20
21
25
26
24
25
28
29
25
26
23
24
28
29
22
23
27
28
24
25
24
24
23
27
24
23
23
27
27
28
26
26
30
30
31
27
27
23
29
30
27
31
28
29
32
33
28
29
31
30
34
^2
31
45
27
25
24
24
25
29
29
30
26
26
27
26
26
27
30
33
25
26
27
31
32
27
28
29
27
28
29
34
28
33
30
30
35
29
34
31
31
36
38
40
30
32
34
35
37
39
32
34
36
32
34
36
38
44
43
49
40
46
40
46
46
51
48
48
52
25
25
26
30
30
31
30
26
27
28
31
29
32
30
28
20j
31
32
32
34
36
36
38
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(Continued on following page)
'February
1964
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Treas.
HJ
U.S. Treasury Dept,
10
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Treasury Bulletin
1964
Treas.
HJ
10
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U. S. Treasury Dept.
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Treasury Bulletin
TITl£
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Jan.
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BORROWER'S NAME
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PHONE
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